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Home My WebLink About2691 THI$ INDENTURE, Made the 12t'h day of ~~h A.p. 19-7~_, betwecn I. E. Estridge, , and atr c a : s r ge, s~ e, o{ ~t. Lucie ~q~~~y Florida, hereinaftN•designated as the "MORTGAGOR," and fIRST ffOERAt SAVINGS AND lOAN A$$pC1ATfON Of FORT PIfRCE, a m~poration organized and exiseing under the Iaws of ths United Stato~ of Ameriu and hawny it~ p~incipal place of bu~i!~ets in tF?s Ciy of fort Pierce, St. Lucie Cou~ty, florida, hercinatter des~ynated ai the "MORTGAGEE:' ~ WHEREAS tM MORTGAGOR is juitly indebted to tF+e MORTGAGEE in the sum of S 63~~~•~~ , good and lawiul money ol the Un;ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~de~ued by s certa~n promissory no~e of even da~: he~ewith, of wh~ch ~he follow~~g in K'Ofd! and figu~es is a true copy, towit: s63,000.00 10020694 fwt Pierce. Flaida, ~~h 12 ~ 19 ? Fo~ value received, I, we o~ eithe~ oi us, prom~se to pay, w~ihout defafcanon, to the order of FIRST ffDfRAL SAYIMGS AND LOAN ASSOCIATIO~I OF FORT PIERtE al Fwt Pierce, Flor~da, the sum of j 63,~~•~ _ w~rh ,nter1e-st irom dare at ihe ra?e of 8•~ ;b per annum, in monthly install- ~r,e~~fs as fol!ows: S 5~•~ on the 2~'h day of Apr~ !q ?4 and a like sum on tha correspond~ng day of each manth the~e- af~er untit the whole be fully paid. Each installment first sha~l be app~ied io pay~nent of the interest and then on the unpa~d balance of the p~inc~pal sum. If defavit is made in the e_ai~nent of any installment when due, and such defautt continues 30 days, then at the optron of the holder, and without any other notice, all the remaining ~~~srallments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at any time without pena{ty. Neithe iwebearance, no. acceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge of 52~'~~ , shatt be added to etch installment remaining unpaid 7 days afte~ its dve date, snd a tike sum shaH be added to each such ins~altment remaining unpaid 7 days after each sutceeding payment date. Each maker, surety and enclorser he~eof, jointly a~d severally, waives demand, presentment proteat and notice of p~otest for nw~payment, and further agrees to any extens~on of time of payment, either before w after maturity, without notice to any of us; and to pay all tosfs ol co)lection, includ;ng a r~aso~able artorney's fee in the event of any defau~t he~eunde?, and hereby severafly waives all benefit of homestead and eaemption under the co~stitution 3nd laws of each $tate of the United States, as against this obl~9atioo or any extension or renewal hereof. Wit~ess the hand and seal of each party. . S/ I. E. Estridge, III (SEAI) S Patricia C. Estridge (SEAt) (SEAI) ( i9~ • 50 ) State Revenue ~~U t S?er~s-osncelled on -oe+ginaF ~+eM NOW, THEREFORE, the MORiGAGOR !or !he purpose of securirtg payment of sa~d s~m of = 6~ ~ , ar?d 1he performance of the covena~ts and agreements hereinafter e,epressed, and for d~vers good and valuable cons~derationa, by these prose~ts, dces grant, ba~gai~, sefl, rem~se, re!ease, to~vey and confirm unto 1Fe MORiGAGEE, ifs succeswrs and au~gns, all ihat certairt lot, piece or pertel of land, situate, lyir+g, and being in the County of St. Iueie and State of Flwida, dewibed as follows: That gart of the West 221 feet of the !dE~ of the N4,~4 of the SW4 0~' Section 29, Ta~~n- ship 35 couth, Range !t0 East, lying Nvrth and East of Ten Mile Creek; r•L,~O, the ~dest 221 feet, of the South 19? .1 feet of the SF ~ of the S4~ of the h'k 4 of ~ection 29, Totimship 35 South, Rar.ge 1~0 : ast; ~ t~I..~Q, a right of rasement for ingress and egress over the Nort~h 20 feet of the S'?~ o° the ~t? y of the Nt~ and a stri of land 20 feet in width lying 10 feet on each side af the East line of said S~q of S`~a ~ of NW~ of said Section 29, Tofmship 35 South, Pange !~0 East; ~ - : r._ STA t ~ P. i u~L. ~ TE ~~F FLOr: ~ STt~MP ! ` ~ DGCUMENTARY~-A-::-,~SIAM~ t ~ - - - y ~ry~ -o~ M1 PllYU1EMOFTAxES ' ` ~ Df~i. ;;f i+EYzNUF " ''t~ - - - ` PAI~EERI~. M _ _ : ~ ~ ~~i c OtE W1 IYASS 'C IMTM161eLF ~~L A ~ N__,Pe r< ~ 3 4. 5 0~ p ~ 0~ p~ Sp ~ 71•~. ACTS ~ 19)1~<< tr~Z~ ~ ~ ~ - ~ ~ fJtlAl~ CIRCWT OOUf1T. ST. tUC1E 00~ FTA i ( rogether with ~II and singular the tenements, hereditaments and appu~tances thereunto belonging w in snywise sppertaining tFxtefo, and elt rents, iaues, ~ eroceeds and profits accrv~rg and to accrve from said premises, a!1 of which are included in the above snd foregang drsuiption and hsbendum. ~ TO HAVE AND TO HOt~ the above described and granfed premises unto the said 1NORTGAGEE, its successws and assgns forever. And 1he said j their hSORTGA R for he;rs, executors, administrators and assigns, hereby corenants with the said MORTGAGEE, its tutcesiws snd auigr?s, ' t~ie are rhat - lawfully seized of the said premises in fee s~mple; that the same are free, ctear and d;schsrged from all liens and e~cum- brances in Isw or in equity, and that the~ y~~~~ a~ their heirs sF~all warrant and defend the title to the ume to the said ~ MORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all pertons; } ! PROVIDED, ALWAYS ~hat if ~he MORTGAGOR shatt psy unto the MORTGAGEf the p?omiuo?y nore hereinbefore desc?ibed and ihall troly, promptly ; i and fully pertorm, d~scharge, execute, complete, compty with and abide by each and every the stipulstions, agreements, conditions ~nd covenann of said promisswy note and of this Mortgage, then this Mortgage and the Estate F~ereby created shali ce~se and be nutt and void. i IT IS UNDERSTOOD that the word "Mwtgagoi' whether in the s~~gular or plural anywhere in this Mortgage, shal! be singular if one only and ~ shal! 6e plwa) jointly and severally if more than o~e, and that the word "their" as used a~ywhere i~ this Mortgsge shall be taken to mean "his;' "hers;' ~ ! or "its;' whe~ever the context to implies o~ admits. Also, that wherever there is a refe~ence in the covenants and agreements herein conhintd to any of ~ - tf,e parties hereto, the same shall be construed to mean as weil as fhe heirs, legal representatrves, successors and assigns (either voluntary by act of the a parties or involuntary by operat"an of the law) of the same and that the cove~ants herein toNained shall bind and the benefits snd advantages inure ~ z ; ro the respective heirs, legsl representatives, successors and ass~gns of the parties hereto. ~ And said Mortgagors, for themsetves and their heirs, legal representa?ives, ~uccessors and auigns, Fureby joimly ~nd uvenlly covenant and agree ~ ; ro and with the said MORTGAGEE, its successors and assigns: . ~ ~ 1. To all and si ? pay ngulsr the principal and interest a~d the various and sundry sums of mo~ey paysble by virtue of said promissory note, and thi~ mortgage, exh and every, promptly on the days respectively the same severally b_come due. 2. To pay •(I and singutsr fhe tazcs, sssessments, levies, liabilitics, obligations and encumbrances of every natvre snd kind now on said desuibed y~[ property, w that Fxreafter msy be ~mposed, suffered, placed, levied, or assessed thereon, w that hereafter may be levied w assessed upon this Morty- ~ age, o? the indebtedness secured hereby, euh u?d every, when dve and payabte, sccading to law, before they become delinquent, and befwe any inte~est atr2ches or any Fe~alty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAtI 8E PROHIPT~Y SATISFIED AND DISCHARGED Of ' ~ RECORD AND THE ORIG~NAI OFFICIAL OOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENOORSEd OR CERTIFIED) SHALL BE PLACEd IN THE HANDS Of SAID MORTGAGEF WIiNIN TEN DAYS NEXT AfTER VAYMEN~; and in the event that any thereof is not pa~d, sat's(ied and dixharged sa"d MORTGAGEE may at any time pay the aame or any part fhereof withovt waiving or affectirg any option, lien, equity a •~~ht under w by vinue of this mortgage and the ful! amount of each and every such psyment shall be immediatety due and payable and shall bea~ interesl F~om rhe dare thereof une;l pa;d at rate of nine per centum per annum and together w~th such inre~est shall be secured by the ~+e~ of th:s mwgtage. I ~ _ ..'~~Fa~-~.A~ ~ ~ . ' ~k`,t ' _ -..h.y y ~ F ~ ~ ~ ~ ~ iT'~nr , F-M ' "'r , a : ~Y~_~...]~~4!~~`°3" ~~'~„'?s'~ ,~~~'ts~"^ . _ ' ~ _~y.:.~_ . . . ~ . . . :2w^.+ m~`r.`~.._'c