HomeMy WebLinkAbout2154 - ; ~ , 2~935
TMiS INDENiURE, Mad~ the_ 12th _ d+Y af '°-+1~~ A.D. 19~4.-, t+e~«een
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ui St - L~ie Cou~?y Fior~da, he~afna(ie~ desg~ared ~s ~he "MURTG~.GOR;' and fIRST fEDERAt SAVINGS AND I~AN
ASSOCIATION OF fOR~ PIERCE, • torpo~anon wya~ized and exii~~~+q unda ~?~e laws of tM tl~~ted S~~tai of America and luv:np iis p~incipal pl~ce of
b~s~nets in tM C:ty of Fort P~s~cs. St. Luci~ County. F~a~d+. he~e~^+~~e~ des~gnated as ~Fw "MORiGAGEE."
tD~O~+~"_'-
WNEREAS the MGicivAGOR is jwdy :ndabied to IM MQRiGAGEE in the sv-n of f--QQ 9ood and lawful ~no~ey o! tM Uo~?ed
5.~~~es ad~•~urd by fhr 1AORIvAGEE unto ~he MpRiGACaOR, a~ ewd~~urd by a crr!a.n prom~unry oote of even datc hrrewith, of wh:ci~ ths foliow~~g in
ds snd i~g~rrs ~s a u~r cop~, ~o..~r. 10020987
_ No
s -~Q~~Q.~Q- _ -
fort Pierce, Florida, -JulV
1~-~ 19__Z~
fw val~e receivcd. 1. ~n~r w eithrr ot us, prom~se ro pay, wi~hout defalca~~or., to tt:a o~~r of fIRST fEDERAI SAVINGS AND IOAfJ ASSOC~ATION OF
ti2T PIERCE at Fort P~rrcr. Flai,iu, the wm ot S--~~~~~- - w~~h i,ao~es~ hom date at the ~ate of9i75°o pcr annv~n, in monlhly install-
~•s as jc' o+.s: S- -~a9 aQQ--- - oo the _?Q~1tiay oi _ A11[).13iL- 19?~ _ and a like sum on the carespond~ng day of ~xh mo~th the~e-
~~di! ~he whoto~ k,z futly pd;(1.
Each ~nstallment f~n+ shall be apy~ ed i~ ~aymcnr of thr ~nteresl and thrn on thr unpa~d ba!ance o( ~he prindpsl sum. If deisuh is made in the
~ ent of any ~nsta:'~.•e~~t wl~en dve, end s~ch deta~tt co~finues 30 days, then at ti~e op~~o~ of tF~e holder, and wi~hout any othet notice, aU the ~emaining
.>r,!6ntots ~!~aH be d~r and payab~e at once. P~ivJe,~e is givrn to ptepay this nole in who!e w in part al any time without peo+~ty. Neithet faebearar~ce,
•.ccrptance by the ho:drr tl:rr.aof af~rr any default in any payrrr_ros hereon, shall be deemed extenian. A late payment charge of S~Q~-~. sh+~~ ba
:.d ~o each instatlment :e~~a~n~ng ur.pa;d 7 days aiter it. dve date, and a like sum shall !.e addrd to each such instaliment rema~ning unpa~d 7 days aite~
• _ i~ wccecd~ng payment da~e.
Each maker, surety ar.d endorsrr herruf, ;oin~ly ar.d srverally, waives Jr~~~and, presentment protrst and nouce of proees~ fw oonpaYment, and fwther
~y to any ea~ens~o~ of ~~•na of p.•y~-jr»f, e~~i~er brfore ix after matum~, witfiout no~.ce to an~~ of us; and to pay aU cosls oi coflect'rc,n, inc:ud~ng a
,;o+~able attorr.ey's fee in !he e~enr of any default here~nder, and hereby severalEy waives afl benefit ef homestrad aed exen~phon u~der the cwutifut'we
•?'aws of each S~a:e of the lim'ed STafrs, as ag~~.~st ihS; cb!:gancn w any eitens~on oi renewal hereof.
W~tncss the ha~sd and aea! o( cach party.
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_6Q~.QQ 3 Siare Re~e~~e $ BUi11C@ Salter
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MO'N, THEREFORf, the MORfGA{'~O£ for the F,urpose of securing payme~t of sa~d sum of S~~---~ ~^d the perform~nce of the
;o:r~ants and agrermcr.rs bere~na•`~er expressed, and tor dwers good and vafuab:e can:i3erstions, by hese presents, dxs grant, bar9ain, sell, remix,
_.e~ie, convey and ca~f~rm unto ~he f80RTGAGEE. iu successors and sug~s, ai1 that certain bt, piece or pucsl of land, aitua!e, lying, and being in tM
~ouny of _ $t• Lueie , and State of Fbr~da, deur;bed a~ foflows:
A triangular parcel of land situate in the NE'~ of NB4 of Section 6, Township 35 South~
~ange 40 East, described as folloas: Begin at the intersection of the South line of
Avenue "S" (as projected westerly) xith the West line of North 41st Street; as shown
on Plat of Sunland Gardens filed in Plat Book 8, page 32, St. I.ucie County Records;
thence run north along the k'est line of Said North 41st Street 491 feet, sore or less
to the Southeasterly right of May line of the North Emergency Relief Canal; thence
run SouthMesterly along said right of way line 676.1 feet, aore or less to the pro~-
ected south line of said Avenue "S", thence East 4G8 feet, nore or less to point of
beginning.~
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F L J~~~=. ~ i~'. ~2' n~ w?`~"~
S TRT E „ s 1 n~ ~ > ~ ~v ~~8?F ~~S ~ tyi i. ~j~
, - p~.~i.lMftviAK ' ~tECE ,,.~cC
U"tPi. ~ HEYErJi :;jT~,y ~ ON 4v"..~ ~ 71-13~.
, _ i ~ 7: ~:~~'~_i!' ~ S ~ 0 ~ P~1~j j0 ppR~ CA~ ~
" _ p g - ~ ~ti',! ~ IT {~R .
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-qe+her w~th ai~ and sin~ular the tenements, hered~taments and appurtances thereunto belw~ging or ~n anyw~se apPertaining therefo, and all rents, iuues.
:•oceeds and prof~ts acvo;ng and to accrue from said premisea, all of which are incfuded ~n the above and foregoing description aod hsbendwn
TO HAVE AND T HQID the above descnbed and granted premia!s unto the said MORTGAGEE, its successws snd sssigns foreve~. And tht faid
;~ORTGAGOR for t
Reir ~j~s, exK~tws, admin~s~rators ar.d assigns, ncreby covcnants with the said MORTGAGEE, in successws ~~d ~ssger.
_ y :awf~ily sei:ed of tne said oremixs in fee simplr, thst the same~are free, dea~ and dixharged from dl liens and encwo-
the are
.~r~.cei in !aw or in equ~+y, and rhat thev w;Il and tfiai r F!ei?s sMll warr~~t and defcnd t}~e title to the tsme to the said
:~7RTGAGEE, i+s successws a~d assigns, (wever against the lawful claims and demands of all persons;
PROVIDEO, ALYiAYS that if she MORTGAGOR shall pay unto the MORiGAGEE the wom~s+wY note heteinbefwe dewibed snd sh+ll t:uly, promptly
- a fu~ly perform, d~scharge, exec•:te, canp7ete, coma~y with and ab~de by each and ever/ the stipulations, agreements, conditions and corenants of ssid
~ ~-~•,sswy nofe a~d of ~h:s Mortgage, ~hen this Mortgage anJ the Estate hereby ueated shall ceass and be nufl ~nd voed•
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IT IS UNDERSTOOD tnat the word "Mo:tgagor" whether in the s~ngular w plural anywhere in this Mortgsge, shalf be sing~lu if one only and
s~.a:! be aiural jo~m~Y and xveraily if more then one, and that the word "their" as used anywhere i~ this Mortgsge shalf be take~ to mesn '"his;' "heq,"
`rts," wherever the co~teat w implies or a.:m.~ts. Atao, that wherever there is a rcference in the coven+nts a~d sgr~ements he~ein cent+ined to a~ryr of
~ parties hereto, tht same shall be consnued to mean as well es the heirs, legal rep~esentalives, successors and suigns (either vdu~tary by scf of the
~'a•~ es o? invo~untary by operation of the law) of the same a+~d that the covenants herein contained shsll bind snd tF+e berxfits and advants9es inw~
: fhe respective heirs, (egal repreuntatives, successors and ass~gns of the partirs hereto.
And said Nlortgagors, fo~ themxlves artd their heirs, legal rcpreunutives, svccessors +nd su'g~s. hereby joiMly and seraa~ly corer-snt and sgree
ro and w~~h the sa~d NIORTGAGEE, irs svccessors ard assigns: ~
1_ To pay all snd sirgular tix principal artd interesf and the various and s~ndry sums of money payable by virtue of said promissory no~e, and this ~
~-.cr~gage, each and every, p~omPfly on the days res~ectively the same severally become due.
2. To p+y all snd f:ngv~ar the ta=es, assessments, levies, liab~~ities, obligsr'wns a~d enaxnMsnces of every nstv?e +nd kind now a+ s+~d desoibsd
~roperty, or that heresiter msy be ~mposed, suffered, placed, levied, or asxssed fhereon, d that I~ereafter msy be lev~ed or assested opon this Mai~
a,e, ot the indebtedness secvred hereby, each and every. when due and payable, xcwding to Isw, befwe they becacx delinqueM, s~d be~ore ~ny intetes!
~+r~ches o~ any penalry is incurred; AP~D IhiSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII 6E PROMPTIY SATISFIE~ AND DISCHARGE~ OF
KECORD AND TME ORIGI'+AL ~JffIC~AI DOCUMENT iSUCH AS, FOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OiFIC1AllY ENDORSED
~~R CERTIfIED) SHAII BE DIACEU IN THE HA~~D$ OF SAID MORTGAGEE YJITHIN TEN DAYS NEXI AFTER PAYMENT; and in the event thal any thereof if not
ca~d, sar"sfied and d~schargcd u d MORTGAGEE may a+ any t~me pay the same w any part thereof without waivirg w affccting any option, lien, equ~ty or
.~;h+ ~~~,d~* or bv v~rf~~~ of ~~~s T.orrgage and the full a~*+ount of each and every such payment shall be ~mmed~ately dve and paysb?e and shall bear interest
. ~e of n~ne per centum per an.rum a~d together vv'~~h s~ch inte~est shall be secured by the lien o4 th s r-:~g~_>^y~
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