HomeMy WebLinkAbout1550 ?HI3 INOENTURE. Mad~ 1h~ 4!6 day of A.D, 19-~-. b~f~w~~n
. .a
A~cthus L. Reov~s and 8a~sa R. Rpv~s, his wi!•
of S~ •~4Ci~ - Counfy Fbrid~, bM~inah~r dNipnat~d tM "MORTCsAGOR," ~nd FIRST FEOERAI SAVINGS ANp IOAN
ASSOCIATION Of FORT PIERCE. ~ aorpaatton ayani~d w~d ~xiuinp ur~ IM law~ d fh~ Unlt~d St~tN of lln~tka ~nd Mvirp iq ptir~l pl~q oi
bwinaa in tM Gty of Fort P~p. St. luci~ Cow+~Y. Flaid~r INr~ha.dalpn~t~d aa ~M "MORTGAGEE." t
WHEREAS tM MORTGAGOR is hatly 4+d~bt~d w 1h~ MORTGAGEE in th~ surn of ~ 1 S~~~' 0O , poa! ~nd lawful naay of th~ Ueit~d
Stata advanced by tM MORTGAGEE umo th~ MORTGAfiOR, u~vidMCed by a c~rt~in promiswry not~ of ~vM daq Aer~with, of whid~ th~ foYowinO h ~
wordv and fpurq trw copY. towit: iQ~Z1~8
15~0~0 00 ~
Fo.t PsKw f~o.M.. $e~taaabQl' 19 75
Far valw ~~cNv~d. 1. vw or ~itiw~ of us, promis~ to p~Y, without d~f~lution, to tM adK of FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at fat PiKU, flaid~, tM wm of ~ lss~~•~ with i~t~reit from d~t~ a1 t!» rat~ of 9tt4'X. pN annwA, h monthlf/ Matai4
ments as foltows: i 153. ~ on tl+~ 2~~lay cf OCtObe~ 19 75 and ~ lik~ wm on th~ cwnspond~np d~11 of ~ad~ month 1M~rt-
~ft~r ~ntil tiw whol~ b~ fvlly p~id.
Each installrr~ent fint ~II b~ ~pplied in p~ym~nt of tM intKest u~d then on tM vepiid b~bnce of tM principd wm. If defauh ts rn~l~ in tM
parmenr of ~y iro~al4n~n~ wM~ dw. ad wch dei,uM coMinws ~0 d~y~„ tMn ~t th~ oprio~ of tM holda~. ~nd witliout any otFwr notioe, aN the nmainiro
irubl4n~nh shall b~ dw and payabM ~t w~c~. Privilep~ b yfwn to p?~pay thh oot~ in whol~ ot in p~it at ~ny tirM without p~Mhy. Ntitha fonb~ar~na,
Ao. ucep~ar+cs by rM hotd.r thersof •hsr .oy defavk ia my payms+~n Mr.on, shsll b. des+++ed •x~«ufon. A b» wr+n~m d~+~ of ~ 7• 65 ~ sMll b~
+dded to sach init~fimer?t r~maininy urq»id 7 da» aft~ its d~ d~», and ~ liks sum shall b~ addsd to s~ch such instalknent r~lninp unpaW 7 d~ys ~h~?
each succ~edirp WYm~nt dats. _
Each maker, swely and endawr ha~of, jointly ~nd s~wraily, w~ives demand. p?eientment protest and notic~ of protest fot ~onpaymu+t, and fwtlwr
agra~s to ~ny extension of time of p~ym~nt, either b~for~ w aha matwity, withow notice ro ury of us: and to pay all oosts of coll~ction, kxludinp • ~
re~sor+abk anwaay's fee in the waM of any defauil I~nved~r. ~nd h~reby s~ve~~lly waiva all b~riefil of Fwmatesd and ~xemptan w~d~r tht aomtitwion
and I~ws of each Suq of tM Urwt~d St~tes, u apainst this oblipatip~ a any ~xtMyioa a rsrnwsl Mr~of.
~tnas tFw 1»nd and seal of ~sch p~?ty.
,...t . , . , ~~Arthuic ~L. Ra~ea ls~W
r ~
s~~ R • - R~ c~W
( ~ 22 • 5~ 1 Stat~ Rw~iw . ~U
(S~e~'e~wedbiw*~riliwd ~NM ~ . •
NOW. THEREfOI~E."tIR-IYtbRTGAGOR fw th~ P~+~P~ WY~^eM of ~aid wm of i 15• ~0 . aad tM pKfonMrw~ of tM
covenanb ~nd apn~menn Fw~4wft~r e~cpressed, and fw diwn qood and valwbl~ ooroMeraYio~b by the~ pn~nb, dws pr~nt, bar~ai~, s~ll. nma~,
release, tonwy and oonfirm uMO the MORTGAGEE, its woteswn ud s~sipm. all tMt uruin bt, pist~ or parql of laed, situat~, lyk~p, and beinp in th~
county of St. L~1Cie «~d Sta» of Florid+, d~w~d a idlows:
L.ot 16, Block 1, CARVBR HSI(~RS StJBDIVIS~N, according to the Plat tb.-.ceof as ~t~-
corded in P1at Book 10, Page 19A, Public Records of St. Lucie Comnty, R~orida,~
- ~~~s - sa i~ -
By agree~ent of MortgaqoY and Mortga?yee oa f ile with
Mortgagee, the within aortqage secwres not only an
existing indebtedness, but also ADYAIiCBS to be HBRR-
AP7BR aade by Mortgagea to MortgagoY, th~ aggregate
of wbich will aqual the principal a?so t specif ied
in the prasissory note secwred heseby~
~ STATE oF FLOF?tDA ~
' oi ~OCUMENTARY STAMP tAX ~
I Z"~ ~EPT. UF REVE1VUf s' , s ~
~ = P.t SEP -Y ~ L Z. ~7 O I U pQ U~i
f . o = ~~~a~~ ~ • a ~
~ ~n.
f ~a~ ~f M~~ ~ OF 1911. i
~
~ ~
~ ao, ~
~
~ ro~tMr with ~U and drgvlar the bnemants, henditaennri and ~ppwbno~s tMrwnb belaginp or in +~Ywite +PPM+W~g tMrNO. and ail raMt,, i~i+~.
proceeds ~nd profits acavinp and to ~cuue from wid prernisa, all of whid~ an ind~d~d (n th~ ~bw~ and fonpoinp daai{~tion and Mb~ndwn.
~ TO HAVE AND TO HOtD the ~bow dacrib~d and pnnt~d pr~miws uMo the s+id MORTGAGEE, its woc~aors and a~ipm forw+r. Md tM sald
MORTGAGOR for the~r hein. ~zecvtors, administnton ~rd assip% h~r~by cownann with Mw safd MORT('sAGEE, iq wooawrs and a~sipirb
~ rMt they are lawfully se~zsd of tl» w1d premiws in fe~ simpl~s tiwt th~ s~n~ w fne, clw and disciwp~d fran all IM~w and M~a+nr
~ brsnc.s in ~aw w~.q~+ih?. .nd that thev wi~~ «~d their h.i.. ,hd~ w~r?.nt .nd d.h~d th. riN. to th. wn. a+h. s.td
MORTGAGEE, in suocessws and a~siyns, fwwer ~painst ths bwfvi dai~ and damandt of ~11 panonst
~ PROVIDED. AtWAYS Mut ff th~ MORTGAGOR sh~il pay wno th~ MORTGAGEE tiN proena~wy nots Iwreinbefon davib~d and ~iwll Mdy, promptl~r
( snd fully p~rform, dach+rp~, euecute, camPt~t~, complY with ~nd abide by each and ewry tM stipubtiaM, apre~nts, oondittar ~nd odv~ds d s~id
~ promiswry not~ u~d ot tha Maryape, tMn this Mortya~e and the &tste h~reby wa»d sMll ceas~ and b~ nuil and void.
` IT IS UN~ERSTOOD th~t tlw word "Monyapor" whetM? in th~ sirgular w plurd anywhtr~ in this Nbrtyap~, thall b~ sinp~riar if on~ only an~o
~ shall b~ phu~l jointly and severaly if mon th~n on~, and that t!w word "their" ~s us~d any~wf~en b this Mat9ape sh~ll be tak~n to mean "l~b,° "hws,"~o~
- or "in," wherw~ the come~ct w implies a admin. Alao, that wherevK ther~ is ~ nfa~na in th~ oov~nanb and apr~em~nta huein ooMain~d to +nY ~°ac
' the pirties hereto, th~ um~ ~II b~ cantrued to me~n as w~ll u th~ h~in, ky+~ ?~W~sent~tiwti woce~wn u~d asiprr (eNM~ volunt~ry b~? act oi th~~
s putias a involunt+ry bY opNStion of th~ law) of tM s~ ~nd that tht oov«+ams Mr~i~ aomsirMd sh~ll bind and th~ b~f'Aa and advanhpa lrwn
: ro th~ nspective F~ein. Ipal represent~tivas, waesson and ass?pro of the partia hereta . ~
~ Md sa~d N~wtqapws, for thems~lws and their bebs, kp+l npr~s~ntativp„ wocssson ~nd asiD^~. ~~Y i~~Y and s~wrally oo~v~narM and aprK
M
~ to and witl~ tht said MORTGAGEE, ib suunsors and auipro: s
~ 1. To pay all and ~inpular ~ p~incipal ~nd ima~st ~nd th~ va~io~s and sw~dry wms of awrwy psysb~ by virtw of said promis~ory noM, and this ~
~ mortpaye, each and rwry. Promps~Y on the days respattiwlr th~ sxn~ srwrally bscaeN dw. ~..i
~ 2. To psy aU ~nd siigvlar th~ ta:~s, ~sksxrw~n, Iwi~s, lisbilitia. oblgstioea ~nd a~cu~nbranaa of ewry rwtur~ snd l~Ind iww on faid d~wlb~d ~
P~~h'• a ihat her~+ft~r may b~ irnpoNd, suffaee. P~+nd, levi~d, a ~~wssd tha~on, or fh~t lwnaffN may b~ Iwid w aswsf~d vpon fhk Morl~
ay~, a th~ indebtednas secured ha~by, tach and ~wry, wh~n dw snd p~yabb, aocordinp b law, b~fwt they bscomt ddinqwru. ~nd b~for~ a~? kM~r~q ~
~ att~ches a any penalry is irinrrrtd; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII 6E PROMPTLY SATISfIED AN~ DISCH/?RGEG OF
~ RKORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPt OR THE SA715FAC710N PAPER OFFICIAILY ENOOitSED
OR CERTIFIED) SMALL 6E PLACED IN THE HANDS OF SAID MORTGAGfE WITHIN TEN DAYS NEXT AF1ER PAYMfNTi ~nd in tM twm that ~ny tlwnof i~ nof
paid, sat'sfi~d ~nd dixhar~d s~;d MORTGAGEE may at aryr trne pay the same o~ a~y part thereof withovt waivirp or ~ffactiny ~ny option, lien, pwty a
~iqht under or by v'utue of this mort9aye and the full amount of each and every wch p+yment shall b~ inrned'ut~ly dw and payablt and ~hall btar int~np
kom the dat~ thereof until paid at rafe of nie~e per centum per arnwm ~nd topether w~t!? such inter~tt shall be secur~d by the lien of th:t mwytsQe.
- - - - P - .,w.
°s
~
e
~