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Home My WebLink About2525 , . . . ~ , ` 0835 iH15 INDENTURE. Made ~he iith day of A,n~1~ - A.D. 19-74-. betrveen Hatold W, Baskin and Jane M. _Baskin, his _Mif ' _ . • - ~ ~ _ of St . WCle County Flor'~da, here~na(fer des~y~ated as the "MORTGAGOR." and FIRS~ fEJERA~ SAVIIvGS AND IOAN ASSOCIATION OP fORT PIERCE, a corpwation organi:ed and exlst~ng under Ihe lawa of thq Uni~gd Statos o4 Amerlta ar~ havinp its prinupal p~ace of business in the City of Forl Pierce, St. lucie County, Florida, hereinatter designaied as ths'"MORiGAGEE:' WHEREAS Ihe MORTGAGOR is justly indebied to the MORTGAGEE in the sum of a 29.2~0. QO-- good ond law;.1 money of the Un~ted S+ates advancrd by the h10RTGAGEE unto the MORTGAGOR, as evida~~c~•d by a certe~n promissory note of even date here~~~h, of wh~th tha iollowing in ~ords and figures is a nue copy, to-w~t: s29~.200.00 Na 10020786 Fwt Pierce, Flor~da, _~_l l 11 19_ 74 for value received, I, we w ei!he~ of us. p~om~se to pay, without deFaica+~un, to the orde~ of FIRST FEDERAL SAVINGS AND LOAN ASSOGIATION Of ~ JRT PIERCE at Fort Pierce, florida, the sum of 529-! zOO• _ vv,th fnrcrest irom date at the rate of 8! 75DO pe~ annum, in monthly i istolb •~e~~is as folfows: S_241 _0O pn the ?Oth day of _ 19.7'4__ and a!ike sum on the correspond~ng day of eath month there- etrer until the whole be fulty Haid. Each installmenf iirst :hall be app~ied in payment of the iNrrest and rnen on the unpatd balance of the princ pal sum. If default is made in the ;,~;~nent of any instaf~ment when due, and such deiauh continues 30 days, then at the option of the hader, and without any other notice, all the remain~ng , ~ srallments shall be d~e and pay.+b:e at once. Priv~tege ~s given to prepay th~s note in whote or in part al any Gme without penalty. Neither torebearonce, nar acceplance by the holder fhereof afrer any defau~t in any payments hereon, shall be deemed ex!ension. A late payment charge of S 12 ! O5, shall be : dJad ro each installmero ~emain~ng unpa:d 7 days after its due date, and e i~he sum shall be added lo each such installment rema~n~ng unpaid 7 days aiter each succeeding payment date. Each make~, surety and endorser hereof, joinNy and severally, warves Jr.nand, pr~n?~rteninrotest and notice of protest fw nonpayment, and fu~thet aarees ro any extens~on of time of payment, eiener before or after maturity, without not~ce to any of us; and ro pay all cost: of co!~ection, includ ng a ~sonaEle atrorney s fee in the event of any d~fau~t hereunder, and hereby severaNy waives all benefit of homestead and exemption under the constitution d laws of each S~ate of the Gnitrd States, as against this obGgation w any exrrns~on or re~ewal hereof. Witness the hand and seal of each party. - S/ Harold W. Baskin (SEAI) ~ ; (SEAL) S/ Jane M. Baskin (SEAL) (SEAL) ~ _ _~43. 80 ) State Revenue s5 a mp~ ~s~waN ~+dt sae4 NOW, THEREFORE, the MORTGAGOR for the purpose.of securing payme~t of sa~d sum of S 29 ~ 2~• and the periorma~ie of the covenants and agreen:e~,ts hereinafter expressed, and for divers good and vaiuab!e considerations, by these presents, dces grant, bargain, se1S, rern~se, ~~:ease, tonvey and confirm unto the MORTGAGEE, its successors and ass~gns, all that certain tot, piece or parcel of land, situate, lying, and being in the :a~nty of St . ~.L1C1Q and State of Florida, desuibed as follows: Lot 6, SHERWOOD ACRES - UNIT NO. 1, as per plat thereof on file in Plat Book 14, page 43, of the public records of St. Lucie E County, Florida, E . t ~ ` . i . ~r , \ : . s ~ ~n~~Y? ~ ' ~ _ ~ ~,F ~ ~ ~ 4 ~ ~ ~ p, E~ Pa~ :.~f~;~~~~ ~ 3• t ~ Y =s . ~ 5G' ~1M~ .y~~~ . ~ rn n 1 . F{E ~ A\" =-~'"if//' ~ o ,~~o' I j~h'~'~ RECEiYED `J ~ % e-^ iN PAYMt3vT OF TwC~~ ~ s~. ~ P,ic. UUE ON CIASS 'C' 1lITANGtBLE PERSUNAL PRC~PENT' ~ ' tyJnSU.'.NI TE~ ~!{;1P'FR 71-:3~°. I,CTS ~f :~I i.~ ~ c~ ~ ~ ~ ~ - .E ~'3+_•,, " ~ :IF '"y:1.." 'iY . . . _ :1; 'i ` ~ ~ogether w~th all and singular the tenements, he?editaments and appurtances thereunto be~onging or in anywise appe?bining thereto, and all rents, isaues, croceeds and profits accruing and to accrue from sa+d premises, all of which are included in the above and foregoing dexription and habendum. y TO HAVE AND TO HOID the above desr.:bed and granted premises unto the said MORTGAGEE, its sutcessus and assig~s forever. And ths said = their ~i +hORTGAGOR for ~~~s, executors, administrators and assigns, hereby covenanfs with the said MORTGAGEE, its suctessors and sssigns, ~ fhat s-~-~~---- lawfully seized of the said premises in fee simple; that the same are free, dear and diuharged from all liens and encum- orances in taw or in equity, and that the~_ will and thelr _ heirs shall warrant and defend the title to the same to the said IV~ORTGAGEE, its successors and assigns, forever against the lawful claims and demands of sll persons; PROVIDED, AIWAYS that if the MORTGAGOR shatl pay unto the MORTGAGEE the promissory no~e hercinbefore desuibed and shall truly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, co~ditions and covenants of said promissay note and of th~s Mortgage, then this Mortgage and the Estate hereby created shall cesse and be null and void. , - t - IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~~gular w plural anywhere in ihis Nbrtgage, shall be singular if one only and shall be plural jointly and uverally if more than one, and that the word "the~r" as used anywhere in this Mortgage shafl be taken to mean "his;' "hers;' or "its," wherever the context so implies w admits. Alw, that wherever there is a reference in the covenants a~d agreements herein contained to any oFd~C `he partics hereto, the same shall be construed to mean as welt as the heirs, legal representstives, successors and assi9ns (either voluntary by att of the p~p pa+ties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure - r~ the respedive heirs, legal rcpresentatives, successors and aas~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant and ayree ~ = to and with the taid MORTGAGEE, its successws and ass~gns: v~ - To pay all and singular the principal and interest and the various and sundry sums of money peyable by virtue of said promisswy note, and this ~ " mortgage, each and every, prompdy oo the days respectively the same severally become due. ~ - 2. To pay all ar.d •ingulat the taxes, assessments, levies, liabilities, obligations and encumbsantes of every nature and kind now on said described ~ _ prope.ty, or that hereafter msy be imposed, suffered, plsced, levied, or assessed thereon, or 1F~at hereafter may be tevied o~ assessed upon this Mort¢ ' aye, o~ the indebtedness secured hereby, each and every, when due and payable, according to Isw, be(ore they bccome delinque~t, •nd before any intereat ~Aw ~ attaches w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAtI BE PROMPTLY SATISf1ED AND DISCNARGEO OF l V y;7 RECORD AND THE ORIGIIVAI OFFICIAI UOCUMENT (SUCH AS, fOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAItY ENDORSED ~ ~:x QR CERTIFIED) SHAII BE PLACED IN TME HAN~S OF SA10 MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thercof is not _ pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equ~ty or •~qht ~nder w by virtue of this morrgage and the fuil amount of each and every such payment shall be immediately due and payable and shall beat interest - f.om the date thereof until pa:d at rare of n~ne pe~ cent~m per ann~m and togerher w~rh such interest shall be secured by the lien of th:s morgtage. 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