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HomeMy WebLinkAbout0455 . ~ . :31'7'729 f , TNIS INDENiURE, AA~d~ the 24th - day of A.D. 19 75 betwten ' Carol CarrL a sinc~le adu t of S~,_ LnCi~_ Counry Fla~da, hereinafta de~~ynared as Ihe "MORTGAGOR;' and FIRST fEOfRAI SAVINGS AND IOAN ASSOCIATION OF fORj PfERCE, s corporanon wyanizsd and eais~irg undN ihe laws of the U~~~ed S~aas o( Americs and havinp ht p?incipal plau of b~s~ness In ths City of foA Pi~?ce, St. lucia County, Flaida, herein~fta d~ti9nated a~ the "MORTGAGEE:' WHEREAS tM MORTGAGOR ii jvstly i~+debted to the MORTGAGEE in tho sum of s 27 ~ 5~ good end Iawful Toney c+( the Un~ted S~ites advanced by the 1AORTGAGEf unto ths MORTGAGOR, as evidenced by a tena~n p~umiuuy note of even da?e herew~th, ai which the tollowir~ in .,o~ds and f~ urci is a uue copy, towit: s 27, 50~.00 wo 1~~149 Fwt Pierce. Flaida. S@~t~bpr 24 19_~_ fo~ val~~e receivrd, 1, we w either of vs, promise to pay, without defalcation, to ttu order of FIR51 FEDERAL SAVINGS AND LOAN ASSOCIATIpN OF ~;~2T PlERtE at Fa1 Pierce, Elwida, the sum of S 27-t-~~--- N'~th inre:ra~ (rom date at Ihe rate of 8•7~'o per snnurn, in monthly inatall- •:>>s as foltows: S 2~ t~ _ on the ?Oth day oF _..+I~11l~.Zjt.^--_. 19_Z6- and a like sum on tt~e co~respond~ng day of each month there- ,rter until the whole be fully paid. ~ . Each installment first s1~aI1 be applied ~n payr~ent of ~he interest and thz~ a+ the unpaid balance ot the pr~ncipal sum. If de(ault is m+~de in fhs ! ; j;ment of any inslallment w}xo due, and such defauli tontinues 30 days, the~ a1 the opti~n of 1he ho~der, and without any o~her ~oGce, all the remaining :~„+a~lmeMS shal~ be due and payable at once. Privilege is given to prcpay thia note i~ whole o~ in parl at eny time witlwut penalty. Ne~ther 4orebear~oce, nor acceptance by Ihe holder thcreof aitcr any default i~ any paymenls hereon, ihall be deemed extension• A late paYment chu~ of S 1I~35 tMll be :d ied to each insratlme~t rrmaining unpa~d 7 days after its due date, and.a like sum shall be addrd to each such installment remaining u~paid 7 days ahe~ rerh succeedine3 nayrr+.M dae._ Each maker, surety and endaser hereof, jointly snd seve~ally, waives Jemand, presentment protest and notice of protest fot nonpaymee?t, and ~uAF?er ~~~ere ~o any extens~on of t~me of payment, e;ther before o~ after maturty, wi~hout notice to any of us; ar~d to pay all cosrs of coltecti«?, including e rr,sonable attocney's fee in the event of aoy defautt hereunder, and hcreby seve:ally waives al{ benefil of homestead and exempfion under t}?e constitut'an J!aws of each State of fhe United States, as against this obligalion a any extens~on or renewaf hereof. Witnesa tF+e hand snd sesl of eacfi party. r ' • (SE~?u ~ S/ Carol Carr, a ainale adu~~~ cs~?u csEwU ; _ , _41.,,? S ) State Revenue fbl~wpi{~MlM~1~N~~0/i~iwbl wOle~ ~ NOW, THERfFpRE. ~he MORTGAGOR fw tfie purpose of securirg payment of aa~d sum of : 27~ and the performa~ce of the co:enams and agrcements here~naiter exp?essed, and fw divers good and valusble considera6ons, by these p~esents, dots grant, bargain, sell. temiu, ~ -._;ease, convey ar.d contfrm uMO the MORT6AGEE, irs succeswra and auigns, aU that certain lot, piece w pucel of land, situate, lying, snd beinp in ths ~o~,my of $t. Lueie ~nc! Srate of Fbrida, deuribed as follows: # S Lot 11, Block 56~ INDIAN RIVER BSTATBS, UNI? 8~ as per plat thezeof on file in ~lat Book 10, page 73~ public zecords of St. Lucie County, Flozida By agree~nent of Mortgagor and Mortgagee on file with Mortgagee, the within ~ortgage secuYes not only an existing iredebtedness, but also ADVANCES to be xEREAFTBR sade by Mortgagee to Mortgagc>r, the aggregate of which will equal the principa~l a~ount specified in the pro~issoty note secured hereby. . . ; ~ . ; ' N TE =~F ~ ~ ~.1 , DOCUMENtAf?Y,~~:"~.~STL•.M~f - S p~~p • ~ MIPMPii1dTOFTAXES ' UEi'T.. (3F REY~PliJF '_.~'~~t%p~'. ` DIE ON CIA~'C INTAqSI~l~Q,10NAL ~ N= = s~PZS ~ 4. t. 2 5 i . Pu~rr To a~rr~ nax ~crs of ia~"°i~n' ; -<<-: ~ - p& ~75~= t ~ol~t iawq '}~r~~ . - ' ~ ! ~ c -~f y ~ ~ ~~r ~ ~i~ ~ ! o " ; ~ t rcgether with alI snd singular the tenements, hereditaments and appurtances thereunto belonging or in anywise ap~.'taF+~ itiierato. Ji~ ii{ iMii. iss~ea, ' •oceeds and profits acuuing and to acvue from said premises, all of which ue incfuded in the sbov~ ~nd foreyarg description snd hsbendwn. ~ TO HAVf AND TO HOID tfie above described and gnnted premiscs unto rhe seid MORTGAGEE, its suctessas u+d astipro forever. And tM said ~ 's •t•C2TGAGOR for heY ~«s, executors, administrators snd assi9ro, F~ereby cover?ants wiffi the said MORiGAGEE, iq wtcessors and as~ipm, <har -~~g lawfully sei:ed of the said premises in fee simple; that the ssme ar~ fre~, c4ear snd dischugad from ~II {ie+a ~nd entum- ~ ~an:es in law w in equity, snd that she w~p a~ her hein shall wurant and defend tM titk to the satn~ to 1M saW :~~RTGAGEE, its successors and assigns, forever against ~he lawfui clsims and demands of all perwrq; PROVIDED, ALWAYS th~t if the MORT6AGOR shsll pay unto the MORTGAGEE the p~omissory rate hereiobefor~ described ~nd thall truly, promptly d futty perform, discMrge, execute, canplete, comply with and abide by each and every the atipulst;oos, sprean?ents, cw?ditions and covr+sn» of s+id rom:ssay note and of this Mortg~gr, t}?en thi~ Mwtgage and the Estate hereby created sh+ll tesse snd b~ null +nd wid• i1 15 UNDERSTOOD that the word "Mort w?rother in the ~i ular w lursl a~ he?e in this Mwt shdl b~ d vlu if on~ onl u~d 3 9agor~ ^9 P YW ^9 Y O } :ha~t ?x plvral jointly and uverally if more 1M~ one, a~d that the word "their" ~s used ~nywfiere in this Mwtqay~ sf»11 be t+ken to mean "his:' "hers," ? c• "iti," wherever the conteat w implies w admits. Alw, fhat wF~erever thae is s reference in the cwen+nri and ayreementi hsrein oontained ro sny o! ; ~he parties hcrcto, the ssme shaf{ be construed to mean as wefl as the heirs, kg~l tepresentativa, successas and aui4m (tither volun?ary by atf of th~ ~ ' ~a-rres a involuntary by operation of the Iaw) of the same and that the covenants F~erein contained shall bind ard tM beMfiq u?d adv~ntayes i~ur~ ~ ~ •c rhe respective hein, kgal representstives, successon and ass'gns of the p+nies hereto. And said Mwtgsgon, fw themxlves and their hein, leyal represenutires, avttesiws and auiym, hereby 'pintly and Nwrally tovenant and ayree ~ ~ ~o and with the said MORTGAGEE, its successors snd auigns: 1. To pay all and singulsr the principal snd interest and the variovs and sundry wms of money payaWe by vinue of said Qromistory note, and fhis ~ ~,ortgage, e+ch and every, promptly an the dayi respectivdy the iame sewrally become due. ~ Z. To pay att and sirgutu the tsxes. ~ssessmenn. Icvie~, liabilit~es, obligation~ ard encumbr~nces of ~very n+tur~ and ki~d raw on taid daoib~d ; p: ope.ty, a that hereafter msy b~ imposed, suffered, plated, kvied, or auassed thereon, w tMt hete~4ta~ may be kvied or aseased upon ti~ Maf¢ ~ age, a the indebtednes~ utured hereby exh snd every, whse~ due and payable, xcwding to law, before thry becaae delinqwM, and bdas ~Mr interat ,}+eches w sny penalty is incw~ed; ANQ INSOFAR AS ANY TNEREOf IS OF RKOR~ THE SAME SHAtI 8E PROMPiIY SATISFIED AND DISCHARGED OF PECORD ANO THE ORIGINAL OFfICIAI DOCUMENI (SUCH AS. FOR INSTANGE, iHE• TAX RECEIPT OR THE SATISfACiION PAPER OFFICIAtIY ENDORSED O~ CfRTIf1ED) SNAIt 8E PIACfD IN 1HE HANDS Of SAID MORTGAGEE WIlHIN TEN OAYS NEXT AF1ER PAYMENT; and in the event thst any thereof is rwl ;:a~d. sat'sfied and dixharged sa:d MORiGAGEE may sf any time pay the same w any part thereof witFw~t wairi~y or af(ectirg ~~y opYwn, lia+, eqvity ot •~qhf vnder o? by v~rtue of ~h~s mortgage and the full smount of each and evcry such payment ihall be immediately due and payable and shall bear interest j~r.~- +he date +^r~eof ~ns~l oa d ar rate of nine per ce~tum per ~nnum ~nd togetfier with sucfi intere~t sh~fi be secured by the lien of tn"s morgTage. > - x - - f . ~ ~ ~~..~~"`~.i`tx ~ ~ _ . _ ~ -