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HomeMy WebLinkAbout1268 . ~b~+~' ~.s TNIS INDENTURE. M.d~ tl» 4th ~y of SeRtesbez „ A,p. 1975 b.nw.~n Willias B. C~seron and Janet K. Caoeron, his wi~e - ' p{ St • LIiC~@ ~ ~~~y F~~, ~~fiM dMipnat~d ~s~ l~O RTCsAGOR." ~nd FIRST FE~ERAL SAVINGS AN~ IOAN /1SSOCIATION OF iORT PIERCE. ~ owpor~tion o~nis~d and ~xutinp wwlM tM I~wa of Ih~ ih?ttd'•Sutq of Am~rica ~nd Mvi~p ib pr{ncipal pIK~ of b~ainas in th~ Gry d Fat PiKa. S~. luci~ Co~my. Hakl~. I~Nn~hw daipn~t~d a tM "MORT(iI?GEE.•• WFIEREAS tM MORTGAGOR i~ iwtly inti~bt~d W ih~ MORTGAGEE in 1tr sum of ~ 2~ ~ pood +na Iswfol money of ~M Una.d St~t~s ~dvenc~d by tM MORTGAGEE unto th~ MORTGAGOR, ~s ~vid~npd by • catain promit~wy not~ of swn date her~with, of which tM followinp in wordt and fipurp is • ttw copy, towif: ~ 26,~500~00 N, 10o2156a fon PiKCa. f1o.Id+. SSF.tember 4 19?.~_ fo~ v~lw rec~iv~d, 1, we w eith~? of us, p?omiw to par,aWltl~out defalc+tan, to ths order of FIRST fE~ERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE +1 fat Pk?a. Florlda, th~ wm of t 26 t-~0 with in~mest from dat~ at ths ra1~ of ~Q'Xs per +nnwe. in monthly iruul4 ,,,~„n ,s fo~~ows; = 223.00 ~ a, ~h. 24th d,~, oF October 19 75 and • Uk~ swn on tl» correspa+dinp day of ~ach ma+th tt?K~- aftN until tFa whole bt fully p~id. Each imullmMt fkst shall b~ appliad in p~yment of tM in»rest uid thea on tM w+paid bal~nce of tM p?inc~pal wm. If defwlt is m~d~ k+ Ns~ paYment of s~y i~uullrMnt wMn dw. and wch defavlt continws 30 days, then ~t tM option of th~ holds~. and without ~ny othe~ notice. all the r~msiniop . ir?fulGnann shall be dw and p~yabk at onc~. Privil~p~ is yivan ro pr~paY this not~ in whoi~ a io put ~t ~ny t~m~ without penalty. NeitMr forsb~annce, r?or acnpunc~ by th~ hoWa tMreof ~fter any defwh in anY paymenh hereon, ihsll b~ deemed e:te~sion. A latt psyment charge oF =11 . is sh+ll M sdded ~o each Irat~llm~nt r~naininp w~paid 7 day~ afta ih du~ date, u~d • lila wm shsll be added to e~ch such insullmem remain'ug unpald 7 d~ys aiMr each sucaedi^p WYment dat~. E+ch makw. swery snd endase~ hereof, joi~dy and severdly, waives d~mand, presentmen~ protest a?d notice of pro~eat fw nonpaymsnt, ~nd fwthu sprees 1o aMr ~xt~ntion of tim~ of paym~nt, ei~F»r befor~ w aher maturity, without nor'~n to ~ny of us: and to pay all tosn of collection, includtnp ~ , reaiooable ~ttoreey's fee in th~ eve~t of sny defauN FK?eunder, ~nd hereby sev~r~lly wsiv~ alt benefit of homeitead snd exemption under tM cautitvlion and laws of each Sqte of tM United States, as sgsinst this oblgatan a any ~xtauan w renew~l he~eof. ~tness tM haad and iaal of ~ach p+rty . s~ Williaa B. Caneron ~ ls~/?U s/ Janet K. Caueron ~ r S39.75 ) Stat~ Rewnw (9+an~pi-one~lkd orr orlptnsl i~ NOW, THEREFORE. th~ MORTGAGOR for tM p~rpos~ of s~cwi^0 WYmem of aid sum of : 26 . SOO. ~O , and tM pKform~nu of th~ COVMN1111 afld i~f~lllflllt! AlffIMNN lkPft~flfJ. and fw dwen ~ood uid valwbl~ coruider~tioos, by tl~ prne~n, does yrant, b~rp~in, s~ll, r~miss, releas~, oonwy and aonf'um unto tl+~ MORTGAGEE, its s~aes~ora and augns, all thst ceruFn lot, p'wa or p~roel of land, sitwt~, lyi~p, ~nd !»irg in tM Zo„n~y ~ St. LuCl@ . and Sa» of Fbrid+, d~wibed ~s fdbws: Lots 16 and 17, Block 162, LAKFWOOD PARK, UNI? NO. 12, as per plat thereof on file in Plat Book 11, pages 26A and 26B, of the Public _ Records of St. Lucie County, Florida, ~ ( ~ ~7 ' (j~/~~ ' ~ By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within aortgage secures not only an ~ existing indebtedness, but alao ADIIANCBS to be HBRB- ! AFTBR aade by Mortgagee to Mortgagc?r, the aggregate ~ af xhich will equal the principal a~ount specified ~ _ in the promissory note secured hereby. b N STA~'E ~F ~LORlDA 1 ~ o UOCUMEMTARY 57AMP TAa t _,.,~w~c~1 ~M~~p1~OPER1r. ~C N- DEPT.OF RfYENUE ' ~`s, x[w~ 111TI1N~~~~R~7~G lyll. y~ ~ P~ : ~ -;7s ' ; . . ~ 3 9. 7 5 ~ °"E ~ ~ ~,~J~ ~ ~ - utot . ~ ~ ~ CIRCU~ ~~E 00~ ~ U q,E~q( ~ to~tMr with ~I~ and sinyulu tM tenarwntt, hereditsmenn and +ppurtances tMrew?ro belagirg or in +rWwiu ~PPett+ininp. tMrNo, and ~1{ rMit. h~ua. p.oc~ads and profin accn,inp .nd ro~arw from sad pnenaes, atl of whkh .re inchrd.d in fht abow ~nd for.poirp daaiprion ~nd Mb~ndwn. - TO HAVE ANO TO HOLD tM ~baw d~avil»d and pranted premws unro tFw s~W MORTGAGEE, its wocessors and assipm forwK. Md .th~ s~id MORTGAGOR for their hein, txecuton, administnwn and assipns, her~by covenanb with ti» said MORTGAGEE, its s~oauon and at~ipns, rh~t thev aYe lawfuly seized of th~ wid premisss ie fN sirnple: that the s~e an hN, cleu and ~scFury~d fran all li~ns and ~nanf br+i+as in lnv or ln ~9i?itY, and tha* they will and their heirs sh~ll wur~nt and def~nd tM titl~ w th~ sam~ to the said MORTGAGEE, in wooessors and assipra, fwwer ~yairof tln lawful claiens and deman~ of ~II penons: PROVIDEO. ALWAYS thst if the MORTGAGOR shall pryr w+to tM MORTGAGEE th~ promisso~ry rwte hertinbefon dacr~ed and shall truly, pranp~fp and fully perform, diKh+r~, ex~a,», oomplete. comply with u~d abide by e~ch and ewry tM stipul~faro. ~pr~ts, conditiom and ao~w~~b of s~id s promissory not~ uid of tAis Mort~ap~, tMn this Matype +nd the 6ute ha~by a~ated ~hall ceau ~nd b~ null and void. - IT IS UNDERSTOOD tFWt the word "AAortpapor" whether in ths sinpula? or plwa! ~nywhsr~ in this Mort9~ge, ahall be sinpular ff ont a+ly and shall b~ plwd ~ointly a+d kver~lly H mw~ tFwn aw, and that the word "their" ~s used ~nywh~r~ in this Mwt~pe shall bt tak~n to rtwan '1~b," "Fws," o~ "its." wherewr tM oonte~ct w impli~s w ~dmits. Alw, that wh~?wer there is a refKena in th~ coveMnts snd apreemenb hersin oontsk»d to ~rry oM0 the parties huNO, tM sam~ shall be caatnxd ro meao ss well as th~ hein. 1~9a1 rp~esenqtives, suaeu«s and suiyro (~Nha volum+rY -M +a of t~~o pa~ti~s o~ tmnoluntary by oper~tan of th~ law) of the s~rne and thst ~h. cov.n.nn hereM conuined shall bind and ~h. b.n.fin and advsnt.pa irwrs~ ro th~ r~spectiw Min, le~al rep~esentativ~a, wccesson ~nd ass~ro of the p~rties her~to. ~ Md said Mo~t9apors, fa thems~lws and tFwir Mirs, bp+l ~~p?aentativ~s, sucus~as ~nd assiym. Fwreby iointly u~d sw~r~lty aoa~nt and pn~~. w to and with th~ ssid JNORTGAGEE, its waesson ~nd assiQro: W ~ 1. To pay all and skgvlar th~ principsl and im~rest and tht v~riovs ~nd sundry svms of mooey paY+bl~ by virtw of s+id promisiory not~. ~nd thi~~ ~ maty+pe. each and rwry. PromPtly on the day~ r~spectively the same ~evewlly becan~ dw. 2. To p~y ~II and w~pula tM tax~s. ~sNSSmenb. Iwies. IiabiliY~a, obliyatioro and ena~nbranoes of twry n~tun and kind naw oe safd duvibd~ ; Prop~?b• a that F~~afta may b~ impaed. suff~r~d. P~+nd. I~vi~d, a~ a~wswd therwo, or tlut hertaher may b~ Iwiwd a ~ssesNd upon thi~ Mat~~. a th~ ind~btadma wcvr~d I~ueby. ~ad~ and w~y, wfien due and paysbl~, accordinp ~o law, btfor~ th~y b~c«ne dflinqwM, and b~ion any M~nst ` anxhK w anp penalty is inarrred; AN~ INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHALL dE PROMPiIY SATISFIED AND DISCMAAGED OF E RKORD AND 7ME ORIGINAI OfFICtAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC?ION PAPER OffIGIAIIY ENOORSED ~ OR CERi1f1ED) SHAIt dE PIACED IN TNE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFtER PAYMENT; u~d in the ~wm th~t any tMr~of is not ; p~id, tat'ified ~nd discharyed saEd MORTGAGEE msy at any time pay the isrne w ~ny pan thereof without waivinq or affectinp u+y option, lien, equity or •~pht w~der w by vinue of this monyspe ard tF~e full amount oI exh and every svch payment shall be immediately dw and p+yabb and sh~ll bsar intKat Frpn the dat~ thereof until p~id ~t rate of nine per esntum per annvm a~d toyetlxr with such i~te+e~t shall be secured by the lien of th:s motytepe. - _ " ~ '"'l"'»E ~ :rz ~'...4 ' `3+$"-~~i;r' ~_V ~