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HomeMy WebLinkAbout1564 . , ~~i~~ . : ~t'.:+,~ t tir t, TMS INDENiURE. Mad. ~I,e ' 12 t h d~y aF ~ebru:+ r y ~?.u. 19 ~ 5„ benaeen ! Susan ita~~lli~f sin le aciult ~ ~ - ~1 !-j•~-T~- ~ of _ St . L_uC1P . Covnty Fiw~d~, hereinaf~x d~iiqnared as tM ;MORTGAGOR;' and i1RST FEDERAL SAVINGS ANp IOAN ASSOCIATION Of fORT PIERCE, a cwporanon agani:ed and existin~ ~r~ tM. laws of 1M Unihd•S~at~a of Americ~ ~nd Mviry iri prlncipal pl~c~ of b~a~neu in ths City of Fort Pieres, St. lucie Co~nty, Ftaid~, Mreinaffer desi9neted a~ IM "MORiGRCaEE." - WHEREAS tM MORiGAGOR ii juaUy indebtc~d to the MORTGAGEE in tA~ sum of =~2 - 6T~ - good and lawful money oi the Un~ted Seares advanced by the MORiGAGEE umo ~he MORTGAGOR, as evide~c~ by~a'cMain promi~swy o0te of even date herewi~h, of which the (oliowing io .+ords ~nd fiyure~ is a troe copy, to-wit: ' s12,60~,00 ~ ~ 10021185 Fo.~ P~erce, Fluida. Februa rS? 12 19 75 ~ fpr value received, 1, we o~ either of us, prom~ae to pay, without defa!cat:on, ~o ~he order of FIRST FEDERAI SAVINGS AND tOAN ASS4CIATION OF ~".iT PIERCE a1 Fat Pierce, F!w ida, the sum of 5-~.y-~~.~~II-_ w~th interest trem date at the rate of 9• 2~Ona per annum, in monthly irtstall- ' ~•~rs as fotlows: S_~23~2 on the 2Oth day oi ~tareh ~q_7S._ and a like svm on the corrcspa~ding d~y of each moMh there- ~ ..'!rr unti! the whole t,e f„ny pa~d. fach insteltment first shall be appl~ed in payment of the interest and than un the unpaad balance of the principal sum. If defa~lt is mad! in the .~..•.ent of any insrafiment when due, and such defautt continues 3A days, fhen at the oprion of the hoYder, and without any othrr not~ce, al~ the remaining :;~a1:~r.nnts shall be due and payabie at once. Privitege is given to prepay this note in whole or in parf ~t a~y time without penalty. Neither fuebearsnte, accep~ance by the ho~der thereof after any defavi~ in any payments hereo~, shalf be deemed extenseon. A lata p~ymenf charge of S 6• 1 5 sha~! be ...i_d to ezch insratlment remaini~~g unpa~d 7 days after its due date, and a like wm shall be added to each such installment remaining unpaid 7 d~ys aher •,_h succeeding payment date. " Each maker, surety and endw.:er hereof, jointly and severally, waives demand, p~esentment protest and notlce of proteat fa nonpayment, and further ,:~res to any extensio~ af tEme of payrnenl, a;tner br(ore or afler matwity, witi»ut notrce to any of us; and to pay all costs of colledion, intlud~rg s ,~:;nable atrorneyi (ee ~n tne evrn~ oi any c3elault }xreundc:, a~d hereby severally waives all benefit of homestead and exemption under the constitution ~3N'S of each State of ttx Un~red States, as ayj,.,st this ob~~~ahon or any eRtensfon or renewal hereof. Witness the hand md seai of each paity, s/Susan Na~~llief, a sinc~le ~q ac~ult ~U . cs~?u ~ 1 R, Q~ S~ate Re~enue C~, r kO:Y, THEREFORE, the MORTGAGOR for tbe r.urpcse of securing payment of said sum of j 12 • n0 , and the performance of ths ~.e~a~ts and agree.nents here~naiter expressed, and for divers good a:+d valuab!e co~s~drrationa, by ihese preseNS, does granf, bargain, sell, remise, _...:ss, convey and con(irm unto the MORTGAGEE, its wcceswrs and ass~gns, a~l that certain lot, piece or pa~cel of land, situate, lying, a~d be+ng in the ~o.~my of _ Ct . LAC 2 P ~ and 5tate of F:orida, descr~bed as follows: I-ot 22, Block "C" af Fl.AF'~t0~'VY FNFIGI~TS, A sub~?ivision accorc?ing to the olat th~reof in Dlat Book 8, page 24, of the Puhlic Recorc~s af St. Luci~ ~OUtltl?~ ~10 :"1 . ~ / ~ ~ ~ /v~~~`~ 9~ CF ~,y_ G~, ~ G ~N W?VN~ ~ ~ ~ - na Q,,Q~i.. t: :_n ~CIASS 'C IIITAN61Bt~ ~R~ ~ 1911. y~~C ' ~ r1~-~~' ' - ~ ,~t ~ q11~piER 71-1~ ~ ro~ ~ ~Pt~``~~~" . 5~~f='~ put~T 1° portro~s ~ Qo/~~ ~ - ~ ~~R sT. ~uc~E co, ' a. a'~ Qe , . ~ I (`~r~ . S ~\"'r . f LyjG ~ / ~ t ~'i~ O i ~ t Q t - i ~ •-~~ther with all and :ingular the tenements, hered+?aments and appurtantes thereunto belongirg ot in anywix sppertaining the~eto, and all rents, issws, ~ _•eceeds and profits accruing a~d to accrue from said premises, alt of which are i~cluded in the above and fore~oing description ~nd habendum. C TO HAVE AND TO HOID the above descnbed and granted premises unto the said AAORTGAGEE, its sucussws snd auiQns forever. Md tM said ~ ':.OZiGAGOR for h~ T----- heirs, executws, administrators and assigns, hereby tovenants with the said,MORTGAGEE, its suttesson ~nd ~ssipro, ,4zT _she 15 ~awf~If seized of the said ~ y prem~ses in fee simple: that the s~me sre free, clear and dixFwr9ed from all liens and ~ o-ances in law or in equity, and that St]E' w~~~ t1PT hein shall warranf and defend the title to the ~ame to tha said E :'ORiGAGEE, its successors and assigns, fuevtr against the lawful daims and demands of sll persoos; PRO~IDED, ALWAYS that if the MORTGAGOR sh~ll pay unto the MORTGAGEE tlx p?omissory note hereinbefor~ described and shall huly, ptomptly -~:d fuliy perform, d~scharge, e,cecure, complete, compty with and abide by each and every the stipularian, a~reements, conditions ~nd covenants of said j :•n:ssory note and of this Mortgage, t}uen th~s Mortgage and the Estate he?eby created shall uase and be null and void. - ~ : + = IT IS UNDERSTOO~ that the word "Mortgs9or" whether i~ the singular w plural anywhere io this Maty~ye, sFwll b~ sin~ulsr if one only and ~ ' be plural jointly and aeverally if more than one, srsd that the word "their" as used snywhere in this Mortqag~ shall be tsken to mesn "ha;' "h~rs;' ? i~s," wherever the con:ex~ so ~mpiies or admits. Also, that wherever there is a reference in the tovensnts and spteements herein tontained fo ~ny of ~ € ~~:e parties hereto, the same shalt be construed to me~n as well as the heirs, legal representatives, sutcessors and sssigns (either voluntary by atf of tht ; ~a~rtes or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advanta~es.inun ~ rhe respective heirs, legal representatives, successors and au~yns of the parties hereto. And said Nbrtgago?s, for themselves and their heirs, legal represenatives, successas and suigra, hereby jointly and sever~lly covenant ard apne •o and with the uid MORT6AGEE, its successws and assgns: ~ ~ 1. To pay all and singular the principal a~d interest and the various and sundry sums of money payabk by virtw of said promissory note, ~nd thi~ T -~•tgage, e~ch and every, promNtly cn the days respectively the same severally become due. } ~ 2. To pay all and •~ngular Ihe ta:ea, sssessments, levies, liabilitiet, obligations and e~cvmbr~nces of every n~twe ~nd kind now on said desuibad ~ ~ ;,roperty, w that hereaffer may be imposed, suffered, piaced, tevied, or ~ussud thereon, ot that here~ftet may b~ levied p ~ssessed ~~on this Nbrl¢ ~ a~c, w the indebtedncas sec~red hereby, each and every, when due and psyable, ~ccarding ro law, befae they become delinquent, snd befor~ any intKest s E ,•~~ches w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAtI BE PROMPTIY SATISFIED AND OISCHARGED Of : CORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH A5, fOR INSTANCE, iHE TAX RE~EIPT OR THE SATISFACTION PAPER OFFIGtAIIY ENDORSED CERiIfIED) SHAtI BE PIACED IN TNE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tF+~ svenl that any fh~reof is nw _ ~a d, saYSfied and dixharged sa'd MORTGAGEE may at any time pay the same w any part thereof witFwvt waiviny a af(ectiny ~ny option, lien, equify ot ~ •~yhr unde~ or by virtue of th~s mortgage and the full amount of each and every such payment shall be immediately due and payabk ~~d ihall bear intaeit ~~o•- ~Fr ~1,~e ~~•~~eci ~,r+;! c~ ~ r+ rate of nme per cenWm prr an~um •nd together w~th suth imereft shall be setured by the lien of th's morgtage. 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