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
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~ 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
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;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.
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