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HomeMy WebLinkAbout0005 . : ' ; 3~so~ TMIS INDENTURE, Made t~_29th day of _ J~~nuary A.O. 19 75 between _ Georgia Sturrupi_ a aarried adult of St. Lucie ~ounty fla~da, hereinafte~ des3gnaerJ as the "MORTGAGOR;' and FIRST FEDERAt SAVINGS AND LOAN aS50C1AT10N OF fORT PIERGE, a mrporanon orflan~zcd and ex~l~+ny under the 1a•xs ot the United S~atos of A~rerics and Mvinp its principai place of b~s~ness io the City of Fo~t P~erce, St. lucie Co~nty, Ftorida, herei~aher designa~ed as the "MORiGAGEE:' YIHEREAS Ihe MORiGAGOR is ju~tiy irtdebted ro the h10RIGAGEE in the s~m of S_ 6~~~~• good a~d lawf~l mor,ey of the Un~ted °,+~res advanced b~ the 1.10RivAGEE unto the MORIGAGOR, as evidzncrd by a ceno~n promiaswy note of even date herewith, of wh!ch ~!ro following In .•.crds and figures is a truc copy, to-wit: s 6,000.00 ~ 10021164 foct Pierce, flarida, Janu~'1ry 29 ; ~q 75 Fa vai:,e rece~ved. 1, ..a or e~~her of ~s, p:crn ze to ~.ay, wi!hour defal::+~~on. ro tt,e order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF ZT piEkCE at ~ort P~rrce. Ftor~da, the svm of S_~~Q~~QQ-_ .r,f^ ~~~'e~ost from date at the rate of Q~~ per annum, in monthly install- ~s aa'cl:o~.vs: ,-74..QQ____ vn the ~eQ~~1 day of _~ZG~L___.__, i9 7~_ and a tike aum on tlx cwrcspond~ng day of each month the~e- . << ~nt~l thi who'r 't~e f~lly peid. Eath ~n;talln~ent f~rst shall be appt;ad ~n payment of the cnterest~and tle~ un the unpald twlance of t~e princ~pal sum. If default is made in ihe ,.~,ant of any ~nsta~'ment when d~e, ar.a s~:i, d~•f3vlt continves 30 days, lhen at the option of the holder, and ~nrirhout any orher no~ke, all the remaining ,~al!rnents sh;,li be due ~rd payabie at cnca. Priv:i~~e ~s g~~~n to p~e~ay th~s noi~ i~ wi~ole w in part at any t:me withouf penahy. NeillSet fa~arance, acceptance by the I,c!der thereof after any defauit in any payments hereo~, shat!•be deemed extenseo~. A late paymeM chargs of =3•95 _ shall be ~J to each ~ns!a~:•n~nt remaining unpa.d 7 days after its due daie, and s I~re wn, shall be addrd to ea;fi suth instaliment renu~ning unpaid 7 days after ~ SVCCEE~ing paym.e~H d3te. ' Each mawer, svrety ar.d erdorser hrreof, joinrly and several~y, wa~ves de~nar,d, pteseNmaM protest and notice o( protest for nonpayment, and furlher _ r_s to eny extens,on oi i~n;e o~ pay~nant, c~n~e~ b~r:`oce or after ~~arur~ry, „v:rho~t r.o!~ce to any of us; and to pay all tosts of collection, intlud~rg a nable atromcy's !ee m the ev~~nt of any dria.,!t he.e~~~der, and herrby se•e~aiiy waives a~l benefit of homestead and exemptioi under the constitution ~ ixs of aa;h Sta~e o~ +E~e li:~•'ed Statrs, as aye~nst th~s obi~gaswn or any ra•ens:on u~ ~enewal hereof_ W~~ness the hand and seai of rach p~rty. , ' ddult s/Geor4ia '5~turrup, a married ~EA~~ ~N ~ 3 ~ N > > ~ cs~?u (SEAu $9.00 - ts~?U _ State Reven~e .~.e~wec~ewMaiied~a~rro?~yi.w~ w~1ei _ . ' 6 000 00 NO~Y, THEREFORE, the MORiGAGOR fo~ the pu~pose ef securing payme~t of sAid sum of S ~ • , and the performance of ths : enants and agreemenri here;naFter expressed, and for drvers goud and valuable cans~derations, by thex p?eseMS, dxs grant, bargain, sell, remise, _ e~se, canvey and conlirm unto rhe MORTvAGEE, its i~ccessors and au;gns, ait ~hat cvtain lot, piece w partel of land, siluate, lying, and being in the :.ounry of St • L.L1Cl.e , and State o4 Flotida, described as follows: Lot 4 of the Subdivision of the West 5 acYes of the N'-; of the SH1~ of the NBa of Section 4, Township 35 South, Range 40 fiast: also known as Sumner and Price Subdivision, according to the plat thereof recorded in Plat Book 4, Page 46, of the public Yecords of St. Lucie County, Florida, . And mortgagor covenants with mortgagee that mortgaged premises are not the home of the mortgagor; that the mortgagor actually resides at 1709 North 16th Street, Fort Pierce, Florida, f _ ~ STATc ~F FL~R1~~~.1 ` v° I ~ .z DflCUME:~iiARY .~~;`:.~;ST:>M~ 1t~ 1 ~ ~ ~ IN PAYMENf OFTIO~~ ~ ? : " Ds PT Oi KEYENUE ~ ~ REC£IVED E F~ - t: DUE ON CIASS'C' ItITANGI6LE PERSOHAL PROPERtY, ~ - ,,..:t30'IS t. O O TO q~YER 71-~34. ACTS Of 1911. ~ P.B.2 r : ` ' ~~T ROGER PORRAS /7. 0 CI,ERK CIRCUIT COURT, Sf. LUCIE CO.. fLA ~ m ^ `n ~ . ¢g € ~ ~ ;e;her with a!i and singular the ter,ements, hered~raments and appurtances thereunto belonging or in snywise appertaining therefo, ~nd all renls, issuts, ~ -cceeds and pro4its accruing and to accrue from snid premises, a~l of which are included in the above and foregoing description ard hsbendvm. ~ TO HAVE AND 70 HQLD the above desv~bed and granted premiss unto the asid MORTGAGEE, its sutces~as and assigns forever. And the ~aid ~ :".~1GAGOR for ---~Y----- - heirs, executors, administratora and assigns, heroby covenant~ with the said MORTGAGEE, iri suctessws and ati~yta, s j~ --~h4- 1~---- tawfully seized of the sa;d prem~ses in fee simple; that the same are free, dea? and dixharged from ~II lierq ~nd Mtwn- r ~ `~ances in ~aw or in equity, and that she _ w~ll and _ hpr _ heirs shall warrant ar~ defend the fifl0 /o the fsme to fF~s f~id ~RTL'iAGEE, its su:cessors and assigns, forever against the Iavvf~l claims and demands of all persons; PROVIDED, AlWAYS tAat if the MOR7GAGOR shall psy unto the MORTGAGEE the promissory ~ote hereinbefwe dewibed and iMll truly, promptly - fuliy perfcrm, d~scharge, execute, complete, comp(y wiih and ab~de by each and every the stipvlations, agreements, conditions and covenants of said ~ :::~Issory nore ar.d ef th~s Morfgage, then this Mo.tgage and the Estate hereby croeted shall ce~se and be null and void. ~ _ 2j • ' IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhe?e in this Morigsge, shall be singular if one only and ~ i ~ al' be p(ural joimly and severa!!y if mwe than one, and that the word "their" as used snywhere in this Mortgsge ihall be tsken to mesn "his;' "hen;' DO ` ~ "ifs," wherever the co~text ao implies or admits. Aiso, that wherever there is a refererue in the covenantf and sgreements herein cootairxd to ~ny of ~~b ' parties herero, the same shall be constr~ed to mean as we~t as the heirs, legal represenlatives, iuccessors and sssigns (either voluntary by acf of tFw ~ c artles or invoiumary by operat~on oF the law) of ihe same and ~F.at the covenaMS herein contained shall bind and the benefib and sdvantayq inv~~ ~ ; fhe respective heirs, legat representatives, successors and asrgns of the psrties hereto. ~s ' And said Mortgagors, fw themselves and their heirs, legal representatives, successws and ~uigns, hereby jantly and severally covensnt and syree z o and with the said MORTGAGEE, irs successors and assigns: ~ ~ 1. To pay all and singuiar the principal and interest and the various and sundry s~ms of money payable by virtue of taid promissory note, and this ` ~-tgage, each and every, prcmptty cn the days respectivety the same sevenlly become due. ~ a 2. To pay all and sing~lar the rsxes, assessme~ts, levies, liabilities, oWigations and encumbrances of every nsture and kind now on asid described - .,-operty, or that hereafter may be impoted, suffered, placed, levied, or assessed thereon, a thst hereafter may be levied p useued upon this MatQ- ~ ~ge, w the indebtedneu secured hereby, esch and every, when due and payable, accoodi~g to law, before they become delinqvent, and befot~ any intHest ~ 't.:chrs or any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~ =~'ORO AND TME ORIGlNAL OFFICIAI DOCUMENT (SUCH AS, fOR INSiANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfIC1AlLY ENDORSED ~ CERTIFIED; SHA[L 8E PIACED IN iHE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the erent thaf aoy thereof is not ~ d, sats(ied a~d discharged sa d MORTGAGEE may at any t~me pay the same or any part thereof without waiving w affectiny any option, lien, equiry or •~aht ~nder or by virtue of this mo~tqage and the f~ll amovnt oi each and every such paymem shall be immediately due and payable snd shall bea~ inte?est ~x jrn-.~ ~',e• ~are tFe~eo~ ~r.!~: s~a d a• rate of nme per centvm pe~ annum and together with such interest shall be secured by fhe litn of tF. s morgtage. ~ ~ _ - . - _ , ~ _