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HomeMy WebLinkAbout2847 :~t]~fi$~,i4 iH15 INDENiURE, Made the 25th day of - ~Aj2~~l ~ t - A.D. 19-2~, batw~en __T Jesse l.. Revels and 6the1 L. Revelsi his wife of St• ~.11C~@ ~ Counry Fb~ids, herei~after de:iynsted ~s the "MORIGAGOR," and FIRS~ FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a cwpaa~ion wyanized and existinp under Ihe lewi of ~the United Statas of America and Aavinp its principal place of tus~ness in the City of Fort P:erce, St. lucie County, Ftaid~, Mreinaher designatcd es Ihe "MORTGAGEE" WHEREAS the MORTGAGOR is jusfly indebted ~o the MORTGAGEE in the sum cf S 31 ~4~0~ good snd lawful mo^ey of tha t)n:ied `rofes advanced by the ~dORiGAGEE unto the MORTGAGOR, ss evidented by e certain promissory note of even date her~with, of which tFa foi~owinp in ~c~s and figures is a true topy, to-wil: s_31~400~00 ~ 1OQ21299 fort Pierce, florida, Ac~ril 25 ~9~ For value received, 1, v~e or either of us prom~se to pay, wi~hout defalcation, io the order of FIRST fE~FRAL $AVINGS AND LOAN ASSOCIATION OF 'RT PIERCE at Fcrt Pierce, Horida, the svm os s33i400~ 00_ ~,,;~h inrrrest from date at the rate of 8! 7S'•o per ar.r.um, in monthiy instal{• •s as fot'ows S- 259~ _ on th ~~h_ day of '~une _ 19___7S and a like sum on Ihe correspond~ng day of each momh there- until the whole be fvlly paitl. Each installment first shall be app!ied i~ payment of the interest and the~ on the unpaid balance of the prinNpal sum. If default is made in the ; ~;:>>~nt of any installment when due, and such default continuas 30 days, thrn at the option of the hoider, and without any other r.u~ice, all 1he remaining ,,+;!lmeMS shall be due and payao:e at once. Privi~ege is given to prepay this note in whole or in part at any time without penalty. Neither faebearance, r,:r acceptence by the holder ~hereof after any default in ~ny payments hereon, shall b! deemed extension. A late paymem chargs of i 12~ 95, thall be .::i._d to each instaflmeN remaining unpa~d 7 days aher its due date, and a ilke sum shall be added to each such instaltment remaining unpaid 7 days after ._h suttee.'~ing payment date. Each maker, surety and endorser hereof, ~ointly a~d teverally, wa~vea de~and, presen?ment p~otest and notice of protest for nonpayment, and further ,~•rs fo any extension of ~l~ne of paymen~, eitne~ bsfore w after maturiry, w~rhout no!~ce to any of uz; and to pay all costs o( collection, includ~ng s ; ,,so~~able attorney's fea in ~he event of any default hereunder, and hereby ~everally waives all benefit of homestead and exemption under the constitution i ta,~s of eacfi State of the United States, as against this ob6gation w any extens~o~ or renewat hereof. Witness the hand and seal of each party. f . , s/Jesse L. l2evels ~Ai~ # cs~?u s Bthel 1.. • Revels 3 ~ (s~?~) c4'7.1 O • ~~u -Y~ y State Revenue _ q ` ~e ~wps~CMx~iled~ RrO~i~ iwa? ~lild NOYN, THEREFORE, the MORTGAGOR for the purpose of seturing payment of iaid sum of : 31~400~ 0~ the performance of the .~.e~,anrs.and agreements he~einafrer exp~essed, and for divers good and valuable considerations, by these presents, does grant, bar9sin, sell, remise, e: se, convey and conf'~rm unto the MORiGAGEE, its successors ar,d ai~7gns, eIl that certain lot, piece or psrcel of Isnd, situate, lying, and being in the Ccvmy of St• L11C1@ and State of Fbrida, dexribed a~ follows: :he Bast ef Lot 1Q, WItiD!yiZLL VZLLAGR, UNIT 2, accordin~ to Lhe plat thereof ~n file in Plat Book 16~ Page 31, Public Records of St. Lucie County~ Florida~ ; ~ I - ~i/ - oo//- cbo// _ ~ ~ # s ~ ~ ~ ~ _ S~1-ATE~= v F' ~ ~ ~ ~ t vi H~ ' ~~p~,F''t ` ; ' C :N4 f_ ~ ~ ' A ? , ; r~ F ' 1 ~ d~ Q`` ; , ~:~F~Nt~~e~vE _ r=`~-~. ~ ~~ERg~ ~ ~v1 ~ ; i-_ " _ ~ ~G~ ~S ; ~ptl = ~ 4 7. I 0 ~ ~ ,~~NZ 0.~,,~?~ < - . ,,,Fr ~ws~ E ' _ - _ . _ I ~CE ~ ~~P~F i . . O~f'R~t ~ ~ f ~ G~~ ~ ~ ~ 't ~ € - k ~y c ~ f ~..3e~her with all and singulsr the tenemeob, hered~tamenis snd appurbnces thereuMO belonginy or in snywife ~ppeAain(ng thereto, and all r~nt~, issue~, X ~ .-cceed~ end profits accr~ing and to accrue from said premises, all of which are included in the above and for~yang dewiption and habendum. ~ TO HAVE AND TO HQID the above descr~bed and grsnted prem~ses unto the said MORTGAGEE, its sutcesson s~d auiyns for~vtr. And tM tald ~ i ; .'.:,?TGAGOR for --thelY heirs, executors, administrators and assign~, hereby tovenants with the :aid MORTGAGEE, ib successors ~nd aisi9ru, j ' f ; ae ---~k~~- lawfully sei:ed of the said premlaes in fee simple; that the same +re free, clear •nd discharqed f.om ~II lien~ and encvm- i ~ -:~~~ces ;n Iaw or in equity, snd that thev will and . thelY hein shall warrant and defend the title to the sams to th~ uid ~ ORTGAGEE, ita succeison and assigns, forever against the lawful claims and dr.nands of sll persons; ~ ; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promittory note Fureinbefo~e described ~nd thall trufy, promptly ~ -.i fulty pertorm, d~scha~ge, execute, complete, comply with and abide by each and every the ~tipulations, agreementi, condirio~s and covenants of ssid t ; ..~•nsory note and of this Mortgage, then this Mortgsge a:id the Estate hereby ueated shell cease and b~ null and void. p~ E ' IT IS UNDERSTOOD that the word "Mo~tgagor" whether in the singular or plural anywhere in this Morty~ge, thall be singular if one only ~nd ` : s~ 3!! be plural jointly and severally if more th~n one, and that the wwd "their" as uted anywhere`in this Mwtgage ihall be bken to mean "his," "hen;' ; s ~~s," whereve? the context so implies w admits. Atw, fhaf wherever there ii s referer+ce in the covenants end agreemenri herein contained to any of ~ j e panid here+o, the ~ame shall be consnued ~o mean as well •s the Fuirs, legal represe~t~tivet, successon and assigns (either volunt~ry by act of th~ ~ . ~:es or involuntary by aperation of the law) of thr same and that the covenants herein contained ~hsll bind and the benefiri and ~dvmtayes inur~ ' : ~he respective hein, legsl reprcsematrves, successor! and ass'gns of the parties hereto. ~ i ~ And ~aid Mortgsgors, for them:elves snd their heirs, legal representativet, succeswrs and auign~, hereby joi~tly and sevenlly covenant and ayree ..r : and with the said MORTGAGEE, it~ succesawt •nd auigns: ~ ~ % 1. To pay all and singular the prirxipal and intereat and 1Fx various and sundry tumi of money psyable by virtue of said promissory note, ~nd thif ~ ~~ortgage, aacb ~nd every, promptly on the dsya respectively the same severally becomt due. 2. To p~y all •nd sinyulsr the uxe~, astessments, levies, tiabiliries, oWigations and encumbrances of every nature and kind now on said dewib~d i a crcperty, or that hereafter m~y be imposed, svifered, placed, levied, or auested thereon, p Ihat hereaftei may bs lev'red w assessed upon this Mwty- ; age, or the indebtedneu ucured hereby, esch and every, wheo due and p~yable, xcording to law, befon they b~come delinquent, ~nd b~fwe ~ny intereq _:=ches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE. SAME SHAII BE PROMPTIY SATISfIED AND OISCHARGED OF i ~~'ORD ANO THE ORIGSNAL OFfIG1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENOORSED 3 i,~ CER:IfIED) SHAII BE PIACED~~N iHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; end in the event that any thereo~ is not < ,.:.~i sa~'sficd and discharged sa:d MORTGAGEE may at any time pay the same a any part thereof without waiving o~ affectinp •ny option, lien, tquity p ' ~r~r ~nder or by virtue of this morrgage and the ful! amount of each and every such paymeM shall be immediately due and p~y~bk •nd shall bear iMerest ? fi d-•~ }F-e~c-,f ^a a~ rate oi nine per tentum per annum and together with such inte?est shall be secured by the lien of th's morgre~e 5 > ~ ~ " a.r: t, . °w. . _ ~ ~ ^s , - ~~V^°„~.~;. , _ . _ ~ ~ . ' : ` i .