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HomeMy WebLinkAbout1507 'r•~5483 iH15 11~iDENTURE. A1ade the 8th d,y oi _ JulY A.D. 19~ . brtwean Robert I.i-Van Vors~_~lid_~-S~eS A van~ ynts~_,_hi c•~•; se - of ~St . 1.11C1@ _ ~p~~~y Fiorid+, he~~irw(~er d~s~~~~3'rd at Ihe "MORTGAGOR." ~nd fIRS~ fEDERAL SAVINGS AND tOAN aSSOC1AT10N OF FORT PIERCE, a corpwat~on wganiied and ea~st:ng w+der ~he ~ans of ~M Un~ted St~~~s of M~eric~ and F+~ving its principd p~+ce of b~s~neu in ~he CitY oi fwt Pierce, Sr. lucie Covnty, florida, hrreinatter des~ynated as ~h~ "MORiGAGEE.' ; 24 Q~__, gocd and lawf~i money o4 the Un~~ed i VYHEREAS the btORTGAGOR is ~usNy indebtad to the MORIGAGEE in the s.:m of S---s~Q+ ~ _...rea aJ.•a~~crd by thr t.1JR1vAGEE u+~ru the MORiGAGOR, as rv~Jr~xcd by a certo~n promisawy oote of rvcn date hrrcw~th, of wh:ch Ihe foilon•ing ia Js and i~~urrs [s a uue copr. ~o..:r ~ 1~2~•~7 s _ 24 . 000 . 00 - fp~t Fierce. Fla~d~, '~ul 8' 19'~4 fo+ .al~e rece~~ed. v:e or ~~rhe~ o! cs, prwnixe to pay, without deFa~:at~on. to ~he o~de~ oi FiRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF .:T PiERCf ot Fc.•t P~~•rcr, flofida, the sv~:~ of S 24.1~~~00 w,'h ;:,t~.~st frcm datr at ~hr rate of _4a~ n pe~ annrm, i~ monlhly install- •s as i~~:o.•.s: S~~QiQ-4. on th_ 20~e~ day oi _~t~bQr 19_- and a like sun on the co~respood:ng day of each month the~a- ~ ~ . ~,>>fi~ 1trt ~Y110:! UC IJ11y (%J~d. ' Each ~ns~aEln,ent f;rst s!+all be app::rd ~n pay~r.enl of tLe intcrest and ~hen on tht ~,nFa~d lwlance cf the princ:ps~ sum. If def~uh is made io the ~~ant of any 3nata:'+.:ent ~hen d~e, and w:h d>fault cw~~+nues JO days, ~hen at ~ne op!~on of the ho:dr~, and without any orher not~ce. all the temaining ,~,~'n:en!s shail th J.,e ~~:d pay~::'a a~ once. Priv~lrge is giv.n to p~eFwy this note ~n whote or io part ai any t~me without penaity. Neither {orebearance, ~ lO~SU j ~ccep~ante by rhe he~dr~ ~hereof •ftrr any drfaulr ~n eny pay~~:en~s herec~, sh+ll be dermecl ratens:on. A late paym_nt cha+ge of S- ~ ::f ro rech ~:u~a:.•r,rn~ ~rn+r~n~r.g unHa,d 7 daYS aF~e, its due da~e, and a~~ie su•n shali be ad~rd ro each such en:taltmem remaining unpaid 7 dars afier .h, s~cc~c~ing paym:em da'r. Eaih ina0.~r, surcty and end;,~s°r herecf io~or:y end irvcroliy, wa~ves de~ne:~d, prrsentmem protest and notice of protest fw nonpayr.~ent, and funher .~:•s to a:~~ e~.~o~~s~o~ of t:~„e ot ~~ayment, cithzr 1~:fore or after mitur.~y, v`iti~out not~ce to any of us; and to pay aU costs of colledwn, inctud:ng a ~nble attor• ~-y s fer +n the even+ ui auy d~~JU~t here~~xi•;r, and htreby srve•ally a;ai.es a!I ber.rf~t of homestead and exemphon under the constitut"ron ~'~~n: uf ~~~.h _.r~te ot ~re U::~ted S+ates, as a3a::~st this obi.9a~ion a any e~tens~on or renrwal hereof. ik~tnrs~ ~he ha~d and seat of ea:h partr. {SEAu S/ Robert L Van Vorst ~s~?u (sEnU S/ Maraaret A Van Vorst ~U ~6.0~ State Re+en~e ' Pi0':l. THEREFORE, the MCRTGAGpR for the p~+pose of sec::~i^g_D,vment of aa"~~i sum of S 2i-f~0•~ aod the periormsrxe of ths ,,_~.;us and dgreementa he~einairer e~p~essrd. ard iw d,.rrs gcwd and wiuable co~sd_~ations, by these p~es~+ts, does grant, barfla~n, sell, remise, =s_, convr~ a:~d c~nt;rm unto the ti1~RiGAGEE, ds svccessoss and ass:9~s, alt that cenain lot, pieu or pucel of Isnd, situate, lying, and being in the .~;;.nry of _$L. Lueie______ , a~xl State of Florida, deau~bed ss follows: Lot 13, Block 69, 1.AlCBWODD PARK UNIT NO. 6, as per plat thereof on file in Plat Book 11, page of the public records of St. Lucie Gounty, Florida - - - ~ ~~I?~r? ~ t~., ~ E - y. ~sj~~' ~ 1 D~ ~j~,EN_:-A-v~~-!~'.~•~"•~'_ (lO I I .r. ~ ~ l~y i- Q. ~'i oE•l u .:~~;~`~'~'~=1 = 3 u ~ ! ~ i~ ~ r ~ - ~ ~~~i~ T~ ~ x- ~ " ; pg_ ~ - r~ - 0 C U nuF oH a~ ~HTaHCie~ ~ kr,~Enrr ~ rx:~; ~~wr ro cw~rp Jt-1~. ~cT~ ~or?~r~ ROGER POiiRAS CiFRR CIRqJR OOURT, S7. LUC~ ~p~ FiJ1, ,~_r w~th all and singular ~he tenements, hered~+aments and sppurtance~ thereunto belonging w in a~yw~se aPPertaini~g therefo, and all rents, iuves, _rceds a~d prof:ts acav~~ and ~o accrue from sa~d prem+scs, a~~ of which are +rxluded in 1he above and foregaog dexripYan and haber~dum- TO HAVE AND TO HpLD ~he above desc~~bed a~d g•anted p?em~aes unto ~he ssid MURTGAGEE, its successws and +ssi9^s forever. Md th~ said their ~;~s, exec~tws, administratps and assigns, hereby covenann with the said MORTGAGEE, its successors snd ~uepns, : ;RTGAGp R fw _they-aZe - lawfu~ly se+ztc~ of the uid prem~sestq feellmplr, that the same are free, desr and diuharged from all liens snd MtwN he'us shall warrant and defend the title ro the sune to the said :es ~n iaw or in equity, and that Oey W~~~ ine~ ?'GAGfE, ~!a svccessors and ass+gns, forever against t,:r lawfvt da~ms a~d demands of all persons; PROVIDED, ALtYAYS that if the MORiGAGOR shall psy unto the MORTGAGEE !he promissdy note hereinbefor- dewibed snd sh~U truly, ptomptly •'u.!y perio~m, d:scharge, execv:e, ca~:p?ete, comply ..:~h a~d ab~de by each and eve±y the stipulations, agreen. 's, conditioru and covenanri of said ~ y~.ssory r vte and of this Mortgage. then this Mor~gage and the Estate hereby created shall cease snd be nu~l and vo~d- IT IS UNDERSi00D that the word "Mortgagoi' whether in the s~~g~far ot plural anywhere in this Mwtgsge, shsll be singulu if one only ~nd - be plura! joinsly s~d severaily ~f more than one, and that ths wad 'their" as used anyv?here in this Mbrtgage shall be t~ken to mesn "his;' "hers;' ;:a." wherever the conte~i so implies o+ admits. Alw, that wherever there is a~efere~ce in the covensnts snd ~g~eements ~?erein comained 1o any of ~O = par!ies herNo, the sars~e shail be construed to mean as well as the heirs, kgal reprrsentativd, sutcessas and sssigiu (eithd volunbry by sct of th~ p~p • ~s or involuntary by operation of the law) of the same and that the covenann herein contsined shall bind snd the bertefiri snd adwntages inw~ ~~he respective heirs, Iegal representatives, successors and asrgns o! the pan~es hercto. ~1 Md sa~d Nb.rgagws, for themulves and their heirs, iegal representatives, s~ccessas afd ~uigro, hereby point~y and severally covena~t and sgree , and with the uid MORTGAGEE, its s~ccessws and assigns: ~iri 1. To pay aI~ and singular the p~~~cipa~ +nd ~~~eres! and the various ar.d sundry sums of ~aney par+ble by virtue of said promissory note. thK s ~~r+gage, each and erery, promptty on the days respcttively the same severally becwne due. n fi 2. To pay all and s~n9ular the ta:es, assesunen~s, levies, I~sbilities, obligatio~s and encumbtantes of every nsture and kind rww on s+id descriDed F,.~ c~operty, or that Fxreafter may be imposed, suffered, placed, levied, o? assessed thereon, or ihat heresfier may be levied o? asstssed ~pon this Morfy- ~ ~;e, w the indebtedness secured heraby, esch and every, when due and paysble, xcwdi~g ro law, befue they become delinquent, snd befws arryr interest ~-_^es w a~y penalty is iocurred; ANQ INSOfAP AS ANY iHEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SAI~SFIED AND DtSCHARGED OF ~ ~'Or2D AND THE ORIGlNAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICULLY ENDORSED _ ~ ER'tF1ED) SHAtI BE PtACED 1N THE HANpS O~ SAID tdORTGAGEE WITHIN TEN DAYS NFXT AFiER PAYMENT; and i~ the eveM that any thereof is not d. sat sfied and dfscha~ged sa d IACRTGAGEE may at any hme pay the same o~ any part thereof wi~twvt waivirg or affectirg any option, lien, equity or v^~:a• o~ bi v~:•~.;e o! r:,:s T.o•rgage and the fuU amount of ea:h and every svch payment sha11 be ~mrned~ately due and payabie and shall bear inraest , • of n[ne per cenr~m per annum and togefhe~ w~th svch imerest shall be ucured by the Iien of th s~e~g•j?e - - - . - - - - - - - - ;~.=:,g _ ' -.~,~.z~%:: ~ - . . _ a.. .