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HomeMy WebLinkAbout1945 3Q838'~ TH{S INDENTURE, Made the_16~h day of - ~~j( A.D. 19 75_ betwee~ Wavne R. R1S~[El1~II__ei1d~LA~_Flew~r~ll;g~ hi8 H1,f~ of ~~fv I.L1C~Q Couny Fior~d~, he~~inaiter des~gnaeecJ as ~he "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN r:55~lAT~Ott Of fORT PlER:E, a rrr,was:~ r.ga:sizr~ a:sd exese;~ L~rcar t!r_ !a:es o! tter Un~~ed Statts of Amercca and hsving its principal place of b~smeu i~ tM Ciry of fort Pie~ce, St. lucis County, florids, hereinafter ~esignated ds the "MORTiaAGEE:' WIiEREAS tM MORTGAGOR is justly inckb~ed to the MORTGAGEE in tFie s~m of S- 24 ~ 5~~ good and lawtul money of the Un~tcd S~ares advanced by thr f.!ORTGAGEE unio the MOkTGAGOR, as evidenced by a cerra~n promisswy not~ of even date herewith, of wh.ch the following in :.~rds and figures it a~r~e copy, fo-wit: s_24=500.00 r,~,_ 10021348 fw, v;rrc~. F~a~da, _~'~-~i~ 16 19_.~ f~r value received, I, we or ei~her of vs, promise ~o pay: without dela4ar~on, to il.r o~drr af FIRST FEOERAI SAYIkGS AND IQAN ASSOCIATION Of :~ci D~FOfF y~.~ p;.,{.e, Fi_.;~., s~,~n ,~f c_?415~~~ ,n.~n :n•<<,~st (rom date at the ra~e of8!75OO per annum, in momhly insiall- _:rs aa toCcws: S-- zO2 z0~ on the -2~~day oF ___Au~_ -,'.975_ _ and a!ike svm on the corresponding dsy of each moMh the~r ,•rr: unril tne who:e k~ fully paid. Each insrallment fint shall be appl[ed in paymen~ of t!y int~rest and t1,en c:n the unpa~d balance of the pri~dpal sum. If default is made io the ;:,~~ient of any ~~ista:tmen~ when due, and such d•:f~u:~ con~~nues 30 days, then at the upt~on o) the ho~der, and without ar.y oth~r notice, all the remai~ing ' •,s~al'mems shaH t,e due and payab:e at once. Pr~wle~e is given ro prepay this not~ in whote or in part at any time without penalty. Neitha forebearance, 1~ lU ' o• ~cceptance by the hofder thereof after any default i• any paymeMS hereon, shaR be deemed extension. A late paymeM tharge of , sh~ll be ~~~.d to eech ~nstaliment ~ema~n~ng unpa+d 7 days aiter i~s due dare, and a t~ke ~vm shali t,e addrd to cach auch instaltment re~naining unpaid 7 days after e~ch succeed~ng payment da~e. Each maker, surery and endorser herruf, ~cinNy end sevrrally, wa~ves de:rand, ~.rasenunent prmest and not;ce of protest {or nonpaymeM, and further , res to any extrns~on ai hme Of p.,yment, tither l~iore or aftr~ matunty, w~ii~.~ut na!~ce to any of us; and to pay all ccsis of colledion, includiny a -sonab!e attornry's fee m the event oi ony c:~fav'~s he:ru,~drr, and hereby serera~iy waives all benefit of homestead and exemption uoder fhe constitution d iaws of each Swte ot the tlnited Strtes, as a~a~nst this obligation w any rx~_os~on or re~wa! he:eof. Witness the Aand and seal oF each party. ~levrwellin ' : • ~ _ f s/Wayne R. - cs~au . _ , , ' J cs~?u s~[?iary A. Flewwellin _ _~36 ~'15 • ~ Sra?e Revenue ~ • r~.,ps•w~vdl~ wrerigi~sl NO'N, THEREFORE, the MORTGAGOR fo~ the pu+pose of secvring payment of said sum of S 24+5~~~0 , and the performance of the co:enama and agreements here~nafter expreased, and fur divers good a^d val~able considerations, by these p?esents, does 9rant, barga~n, aell, remiu, :se, convey and confirm u~to the MORi~,AGEE, its successors and au~gns, ail tna~ certain lot, pieu or parcel of land, siluate, lying, and being in tF?e Co~nty of - $t. LUCi~ aod State of Florida, drscnbed •t follows: Lot 18, Block 83~ tMIT 9, INDIAN RIVER fiSTATES, according to the plat thereof on file in Plat Book 10, Page 74, of the Public Records of St. Lucie County, Florida~ .~a-? -lo/D 6 3 70 ~oo/O ~ ~ ~ ST.~T'~ FL~R~~~ ~ ` ~ 'J'J:_t1N:FPr'iAR`'-` .iii,~~i`r' ~i:)i ~~Z M - € ZT pr:;,~-V,F P~<<.:!~ - ~ t - co ^ ~ i -`cj M - _ 4:rT i y'?J ~ V U. ~ H B. ~ j m - . ~ ' , ` o - ' - = 7 " ~ iN ~'~aY tA ~MT Lk" T~'1Xc z RECEiYfU S ~ plfE aH CLASS 'C INTANGfBLE PfRSQYAI. Pk~PfR~'': ~ ~~(S Tp (~{APT'R 71-134, ACTS UF 197L ~ ROGER POITRl1S ~ ~ c~x c,RCUtT cour~. st. d~x:~ ~o, n~.. ~ i s ~ ' ~ ;erher with a(i and singv!ar ~he tenemer,ts, hered~iamrnts and appurlances thcreunto belwging w in snywise appertainirg thereto, and all rents, iuuts, :~oceeds and profin accru~ng and to acvue #rom sa~d premises, all of which are included io the above and fortgoing desuiption a~d habendum. ~ ~ TO HAVE AND TO HOID !he above described and granted premises unto the said }IAORTGAGEE, its suctessors and assigns fwevp. Md tlw Nid ~ : ~QTGACatZR for -their heirs, executors, adminjstrators and ass~gns, hereby covenants with the ssid MORTGAGEE, its succeswn snd ~~sipns, '^a~ - lawfull se~zed of the said ~ they are _ Y h pr~m;KS in fee simple; that tF~e umr are fres, clcar and discl+~rged irom all liens and ~ncum~ ~ -~nces ~n law or in eqvity, and that t ey _ w~ll and theiz heirs shall warrant and defend t}ro btle to the s~me to the sa~d ~ :'~RTGAGEf, its successors and assig~a, ferever againsf the lawfui claims and demands of all persons; _ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGACaEE the promiswry note hereinbefae described snd sh~ll ituly, promptly ~p _ - ~ f~iiy ptrform, d~xharqe, exewte, canpiete, comply w~th and abide by each and every the stipulations, agreemenis, conditions and covenanfs of wid o~ ~:ssory no~e and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease and be null and void. ~ IT IS UNDERSTOOD thst the word "Mw. rgagor" whether in tlx sir?gular o~ plural anywhere in this Mortgsye, shall be singulsr if one only ~nd 5~.atl be plural jointly and severally if more tha~ one, and that the wwd "rhe~r" as used snywF~ere in this Mortg~ge shsll be taken to mesn "his;' "hen;' 5 '1ts," wherever the context so implies a adm;ts. Also, that wF~erever there is a reference in the covenants and ayreements I~ein contained to u~y of ~~e parsies hereto, tFe same sha~l be construed to mean as well as ~he heirs, legal representativn, successas and suigrn (eithe~ voluntary by act of the ' e: or invotumary by operotion of the faw) of the same and that the covensnts herein contained shall bind and the benefits and advsnt~es inure ~ ~ t~,e respective heirs, legal representatives, successors and ass'gns of the partles hereto. And said Mwtgagors, fa themulves a:~d their heirs, legal representatives, succeuws ~nd auigns, hereby jointly and sevNalty covenaM a~d ayr~e ~ ~ ~ to and with the said NIORTGAGEE, its s~ccessas and assigns: ~ ~ 1. To pay all and singular the principal and interest and the varEous and sundry sums of money psyable by virtue of uid promiuory note, and this ~ ' ~ ~~.tgage, each and every, p~ompNy on the days respect~vely ttx same uverally become dve. ; ~ 2. To pay all snd ungular the taxes, essessments, levies, liabilities, obligations and e~cumbrances af every nature snd kind now on s+id described ~ croperty, a that hereafter msy be imposed, suffered, placed, levied, or asussed thereon, ot tMt hereafter may be Icvied a bsessad upon this Mat¢ age, or ttie indebtedness secured hereby, each a~d every, when dve ~nd payab{e, xcadirg to bw, before they become delinquem, ~nd before any intaat ~ ~'~~cnes o~ any penalty is iocuned; AND INSOFAR AS ANY iHEREOF IS Of RKORD THE SAME SMAtI BE PROlNPTIY SATISFIED AND DISCNARGED OF ~ ~ yECURD AND THE ORIGlhAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICUIIY ENDORSEO 3 ~ ':+K tERi1F1E0) SHAtI 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITHtN TEN OAYS NF%T AFTER PAYMENT; and in the event that any thereof is not ~ ~ d, sat sfied anef discharged sa:d MORTGAGEE may a! any t~me psy the same or any pari thereof wi~hout waiving or affecting aay option, IiM, eqoity a ~ •~qht ~nd•r or by virtue of this mortgage and ~he full amount o~ eath and evvy such payme~t shall be immediately due and payabte and shall besr inferest ~ ~ ~~nm ttie daro the~ec4 .!n!~7 pa d a• rzte of nine per centum per annum and together w~th such interest shall be sec~red by the lien of th s morgrage. ~ r- - . _ ~ ~ ~ _ q ; - ~ .z ~ ..y _a~- ~ - ~