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HomeMy WebLinkAbout1968 +v l~JL~ ~ , e iM15 iNDENTURE. N1~d~ th~ 8th d~y of September _ ~,p, 19~,~.,, b~tw~? , _ Oon Miranda and htarY ~nn Miranda~ his wif - ~ ~f St. Lucie ~ Counfy Florida, MrtinatlK d~signa~ed as tl~~ 'MQRTC3AG014" and FIRST fEOERAI SAVINGS AND LOAN ASSOCIAi1pN UF fORT PIERCE, a aorpor~tion orp+~+iud and ~xii~ir?p undN tM taws of tM Uoited Sut~s of flm~rica and Mvinp iri principal pl~u of bus~r»u i~ tM City of Wrt Piuc~. St. Luci~ Covnty. Fbrida. her~inaf~s~ d~siy~st~ ~i~ thi "MORT(`i)?GE~:' WHEREAS tM INORTGAGOR is µatly ind~bt~d to tM MORTGAGEE in the sum oi =~L~~•O0 yood ee+d lawiul mon~v of the UNted Srares advanced by ~M 1110RiGAGEE unto tM MORiGAGOR. ~s ~videnced by • cKtain promiuory noro of evM dats hsrewitA, of which the fdlowinp tn words and fiy~res is a lrus copy, lo-wif: ~ 13000137 s 30,000.00 Fo.t Pk.ce. FtorWa, SMtember 8 ~9_~. For valw rateived, 1, we or eithe~ of us, prom~se fo pay, without defalcstion, to the o~der of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FURT PIERCE at Fort Pia~ce, Florida, the sum of s 3O with intereat from date at the rate of ~Q_% per a~num, in monlhly irotalt- :~~•,is as tollows: S 252 .00 ~ t~ 20th day of October , 19 7 5 aod a like sum oa tM correspoad~np day of each rtanth thero- ~ a~rar uatil the whole be fully paid. Each insullment fint shall be applia~ in paymeM of fhs tnterest ~nd fhen o~ the u~p~id balanu o( the principal wm. Ii de(ault ts m+d~ in tM ~:a;ment of aoy installment wi~eo d~e, a~d such default co~tinues 30 dayt, theo at the option of 1he holder, and without any other notice, all the remaining :nstallmenrs shall be due a~d payabls at once. Privile9e ia given to pr~paY this note in whole ot in put st sny tims withovt pen~lty. NeitF?er fOrebNnote, nor acceptance by the holder thercof sfter ~ny defwh 1~ any paymen~t hereo~. sh~ll be dee+++ed exteniwa. A late paymeM charge of 2~ . sFull b~ added to each ins~allmcnt remainirg unpaid 7 days affer its due dat~, and a like wm ahall be added lo each such insta{Iment rsmsining unpaid 7 dsys after eech succeeding paYment dste. . Each maker, surefy and endwser he~eof, jointly and teverally, waives dcmand, presentment protest end notice of protest for nonpayment, and further agree: to any extensron of time of payment, either before a after maturity, without notice to any of ~s; end to pay sll costs of collection, irxludinp a reasonabk attorney's fee in the ~veot of any de(ault Fxrevnder, and hereby sevcrally waives al{ benefit of homestead and exempfion uoder the constitution ~~~d taws of each State of the U~i?ed States, as against this obligation a sny extension or renewal hereof. Witness the hand and seal of eich party. c' Don bliranda ~y S Mary l~nn Miranda ~ . (sE~W ~ _4 5 . ) Sfate Revenoe !5~ernps-tent~lkd-a+-eti~iws4 wM~ NO;N, THEREFORE, the MORTGAGOR for the purpose of secwing paymcnt of said sum of s ~0• O0~ • DO and ths perfotmance of th~ covenants ~nd agreements fiereinafter expressed, and for divers yood and valwble consider~tions, by thsw pesents, dws p~snL bargain, sell, remiie, re;ease, convey and confirm uMO the MORTGAGEE, its svccessors .~nd auigns, all that certain bt, pieu or parcel of land, situat~, lyug, and beug in tM Co~nty of ~t. I.IICle ,~;d St+te of Fbrida, de~aibed ~s fdlowt: Lat-31, Block 275, PORT S"C. I.UCIE SECTION 2, as per plat thereof on file in Plat '~o~k 12, page 12, pub2ic records of St. I.ucie County, Florida, ~ - ~S`Z'~'- ~'c'.~ 7- ~~CZ^~~. ~y ~greement of Mortgacpr and Mortgage~n~ile with riortgagee, the within ~ortgage secu res not only an existing indebtedness, but aL~ o ADVANCES to be tiBREAFTER made by . ~tortgagee to Mortgagor, the aggregate of which will equal the principal amount s~PCified in the promissory note secured hereby. , i . . R ~ oF FL..ORlDA~ " STAT~ STAM~ 1 Ak ~ ~ DOCUMENtARY, ~ A N p~pT.Of REVEhUE y~~ O~ t IN M?YME~ ~~~~_++L~ ~ 2r N ~ ~ SEP I ~~T~ ' i• i + ` pCl~ryry • rw _ '.C~ ~ _ P.e. , nptE ON qJ?S'R'~ ~~~y1. ~ 1911:~,,,y - ~~~oz ~NN~ ~ ~ ~io~ . ° . . . ~ ~ ~ oo.. M, ~ tx~ a+°°u~ fcgether with all and singvl~r rhs tenements, hcred+tamena and appwtances thereunto belwgin~ or in anywis~ appe~tainirg Nwr~to, and ~U rents, issues, oroceeds and profits acuuing snd to acuue from said premises, all of which are included in tM abovt u~d forpoirg d~wiption a~d h~bu~dum. TO HAVE AND 10 NOI~ the ~bove desc?ibed and grsnted promises unto the ~aid MORTGAGEE, its succeuas +nd aaipra forwer. Md th~ taid '~ORTGAGOR fw th~l~_~ ~~rs, executws, edministr~ton and ~uigns, hereby covenanfs with the s~id MORTGAGEE, iri sua.esso~s and auipns, rhat - t~-a~~- Iswfully seized of the ssid premiscs in fee simpte: that tFr wne u~ fr~, cMu and dhch~rped from al) li~m and ~ncw~r o~ances in Isw o~ in equity, and that they W~~~ ttlelr heirs shsll wu~sm +nd d~fend ths thl~ to tM sam~ to th~ s~id ~ `.tORTGAGEE, its svccessors +nd auigns, forever agsinst tht Iawful cliWns and demands of ~II pe~soras ~ PROVIDED, ALWAYS thst if ths MORTGAGOR shsll p~y vnto the NIORTGAGEE fhe prari~ssorr rwte hereinb~fore d~wibed snd ~11 tnrN. P~~M~Y ~ ~r.d fully perform, diuharge, execute, compkte, comply with and abide by e~ch ~nd every the stipvlatw% ~yreemenb, tonditioro ~nd cownanfs Of said cm.~ssory note and of rhis Mongage, then rhis Morrgsge and the Esrate he~eby ueated shall ce~se and be rn?11 snd void• ~ IT {5 UN~ER5T000 tMt the word "Mwtgsgor' whether in tl+~ singular or plw~l snywhert in this MortpsQe, shal) b~ sinyulu H one only and ~ 5hall be lursl ' iml and severdl if mae than one. ~nd that the word °~heir" ~s used snywhtn in N+is Mw~D+pt sh+l) be taken to m~an "hir.•• "I+~n:• „irs:' wherever fhe contexl w implies w sdmin. Also, that whereeer ti~ae is a roferenu i~ th~ covenann and preemenb herein oontainsd to u~y of 4 r~e parfies herefo, the same shall be co~strved to mean a~ well a the hein, leyal r~present~trves, suousson and auip~s (~itha volumary by act of the ~ ~ parties w i~voluntary by opera~ion of the law) of the iame snd thst the covenants herein oonrained sl+.11 bind aod rM b~nefin and advantaq.s irwn fo the respective hein, legal rep~esentatives, successon and ess'yro of ti~e parY~es hereta ~ And ssid Mongsyors, fw fhemsetves snd fFieir hein, lesal represe~tativas, wccesson u~d auipns, herebY la^~~Y and sweral{y oov~rNnt ~nd ~pr~t 4 ro and with the Nid MORTGAGEE, iri succeuws ~nd +ssi~ro: 1. To psy ~II a~d sirgutu the principsl and imerest and th~ v~riovs and sundry sums of mon~y p+Y~bb bY vith~ of +aid Pra^~swrr ^01~. Md this ~ mortgege, esch and every, promptly on ths dsys respectively tM ssrne sev~rally becane due. ~ 4. To pay all ~nd singular tM taxes, suessments, levies, lisbilities, obligstaro and encwnbrances of wery n~tur~ and klnd now on s+id d~wib~d Property, or tMt hereah~r may b~ imposed, svffered, placed, kvied, a+~sessed th~reon, a tMt haeaher may bt Iwi~d or aNS~ad upa~ this Mortp- aco age, a th~ indebredneu secured hereby, ead~ and ewry, when due uid pay+ble, aaording to I~w, befwe H»p becane d~finquent, and btfort any ima~st p~° at+aches w sny penalty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL EE PROAMTIY SA715FIED AND DISCHARGED OF RECORD AND THE ORICa1t~iAl OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFfICIAItY ENDORSED CS CERTIFIED) SHALL BE PUCED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMEN7; and in tM tvent thaf any thereof is not pa~d: sat'sfied snd dixharged sa:d MORTGAGEE may at any time piy 1he same o? any paA lhereof without waiviny w affettinp ury option, lien, puity p •~qhr under or by virt~e of th7s mortgage and the full amount of each and every such payment shall be immedia+ely dw and p~y+bk and sh~ll bes~ inte~est 'roT ~he da}e ~he~eof ~~rl ca d a+ rate of nine per centum per annum ~nd toyether with such interest sMll be tecwed by the (ien of th:s morgfage. - - _ _ . _ . _ . .<-j ' ` t ~ ~ ~ u d x,~ A ~ i ~ . _Wc~.._ _ .