The URL can be used to link to this page

Home My WebLink About0750 ~r 31'7924 TNIS INDENTURE. Mads the 25th day of ~R,tesber , A.D_ 14 75~ t»lwea? RQ,v At Martin and 8onnie Dsslene Martin: his wiie ` oF St. j'uCie County Fiorlda, hateinafler designated as the "MORTGAGOR;' and fIRST FEUERAL SAVINGS AND LOAN ASSOCIATION OF iORT PIERCE, • torporat+on pyanized and exis~i~p w~tle~ the lawn of ths United Stat~t of Ame~iu ~nd hsvinp it~ principat plsts of bus~neu in tM Ci1y of faf Piac~, St. lucie Co~nty, fiwida, hereinafter de~iynated as the "MORTGAGEE:' WHEREAS the MORTGAGOR u ius~ty indabted to the MORiGAGEE in the sum of S- Z~i~O•~ ~ good and lawful money of the Un~ted ~~ates adva~ced by the 4tORTGAGEE unto tl~e MORTGAGOR, as evidrnced by a cr~ta n promisaory no~e o( even date herawith, oi wtuch tha (ollowing in words •nd figures is a tr~o copy, to-w~~: s 20,000.00 ~3000150 io~t Pierce. Florida. ~pt~~I 25 19 75 ior value reteivtd. I, we or either of us, p~om~se to pay, without defalcatio~, to the order of FIRST FEOERAI SAVINGS Af~2D LOAN ASSOCIATION OF ~ORT PIERCE af forl Pierca, Fiorida, the sum ef i--I-~-l-~0~~ - w~~h inrerrst irom date at the rate of _ 9 o pe? annum, in monthly insfall- e~~rs as fot'ows: on the _?Oth day of _~V~~r 19.75, and a like sum on the cwresponding day of each month there- a•ter until the whole be fully paid. Each instailment iirat shall be applied in payrnent of the inte~est and then on the unpaid balance oi the prinupal sum. If default is made in fhe Fa~~nenl of any instal:mem when due, and wch defauh conrinues 30 days, then at the ophan of the holder, and without any other ootice, all the remaining nstatiments shall be due and payable at once. Privilege is given to prepay this note irt whole or in parl at any time without penalfy. Neithe~ faebearante, nor aaeptance by the holdcv thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of s 9•~~ , sh~ll bt ~ddrd io each installment remaining unpaid 7 days afta its due date, and s~ike sum shall kx added to each such installment ~emaining unpaid 7 days after each succeed~ng pa~rmenr date. Each maker, surety end endorser hereuf, join~ly ar.d severally, wa~ves demar.d, presentment protest and norice of protest fw nonpaymenf, and further a~rees to any e~tension of timr of p;yment, either before or after maturity, without norlce to any of us; and to pay all costs of to!letta~, int~ud~np ~ re~sonable attwncy's fee in ~he evem of any de(auft he~eundar~ and Fxreby severa!!y waives all benefit of homeatead and exemptioo under the tonstitutwn ,nd lawrs of each Sratr of rhe United States, as agai~st this obiig~tion a any extens~on or renewal hereof. Witnesa the hand and seal of aach partY. . . S/ R~y A . Martin ~U cs~?p S/ Bonnie Darle~ne Martin ~u ~ ~ State Revenue (~u (S~ernpstsnerllR!-en~cr~q~n# rat~ , NOW, THEREFORE, the MORTGAGOR fw the r ng p ym 20~~0•~ performance of ths pu pox of secvri a ent of said sum of S , and the covenants and agreements here~nafter expressed, snd ior d7vers good and valuable cons~derations, by these p~esents, does grent, baryain, aell, remise, re;ease, convey and conf:rm unto the /AORTGAGEE, in successors and assigns, all that certain bt, piece w pucel of land, situate, lying, and being in the County of $t. LuCie and State of Fbrida, desulbed a~ followf: Lots 21 and 22, Block 2, DREAMLAND PARK SUBDIVISIq~i, as pez plat thereof on file in Plat Book 7, page 38, pnblic zecords of St. Lucie County, Rlorida By agreevent of Mortgagor and Nortgagee on file with Mortgagee, the within sort- gage secures not only an existing indebtedness, bat also MVANCBS to be HEI~AFTBR nade by Mortga?gee to I~Iortgagor, the aggregate of which will equal the principal asount specified in the prosissory note secuzed hereby. m M STATE 3F FLGF?;~~..1 ~z ~ C~OCUMEtv?ARY~=,--~ STI~M` it,~ ~ Z~ GEP:' ~f REV=~~i;: `=~'T..i::, i _ = <<~s~•~5 ~ 3 0. ~ o ~ ' r~ ~ P8_ ~ ! . ~ = Ii1L'2 . ! .;~~n , l'. i~b ~ ~ . . . . . . . . . J~E ON C1A96 'C' MtiANGIBI.E yPERSO~tAI i'Rt!~ Tf M ~JRStJAMi TO qiAPJER 71•131. AC'fS OF l91!. ~ i pDlpNS ~ly~ ~ ~ ~ ~ IUC~'~r ~ I • E I - ~ }ogether with ail and si~gular tfie tenemr~ts, herediraments and appurunces thereunto belonging or in ~nywi~e apperfainirg ihereto, and all renri, iuve~, F c:~oceeds and profits accruing and to ~ccrue from said premises, all of which are included in the ~bov~ and fwe9ang desc?ipYan ~nd Mbendum. c ~ TO HAVE AND TO HOID the above descr;bed and granted premixs unto the said NIORTGAGEE, its successon snd sssiyns fwev~r. Md tiw qid '.10RTGAGOR for heirs, executqs, admini:trsto+s and assi ns, her their g eby covenann with the said MORTGAGEE, its suocessors ~nd ~sipro, ~ ihai dYe lawfutly se~zed of the said premises in fee simple: 1Mt the sam~ a?e iree, ckar ~nd dischatged from ~II liens and ~nc~m- E ~ c~ances in law w in equity, and that thev M,~~~ their hein shall wsrrant ~nd defend t}?e title to the s~me fo th~ said :~ORTGAGEE, fts successas +nd assgns, forever against the lawful claims •nd demands of all persons; ` PROVIDED, ALWAYS that if the MORTGAGOR shall. pay unto the MORTGAGEE the promissory note hereinbefwe desvibed uid ihall huly, promptly ~ a~d fu!ly pcrform, d~xMrge, e~ecute, complete, comply with and ab"~de by esch and every the itipulations, agreemenn, conditaro and tovensnb of said cromissoa note snd of this Mort e, tlxn this Mwt e and the Estate here p j Y 9a9 9+9 by created shall cesss and be null and void. ~ IT IS UNDERSTOOD that the word "Nbrt s w" whether in the fi ~ 9 9 ngulsr a plural ~~ywFxre in this Nbrtg~ge, shall be sinputar if one only and ~ ~ :hall be plural jointly snd severally if mwe than one, and that tF~e wwd "their" as used a~ywhere in this Mortgsge sMll be tsken to mea~ "hk,' "hen;' ~ ~ cr "its;' wherever the context so implies w admits. Alw, that wherever there is a reference in the covenanri ~nd agreerrKnb herein cort~ined to uiy of ~ a rne pa?ties hereto, the same shall be constrved to mean as well as the heirs, kgsl representatives, successon u?d auiyns (either volunqry by ~cf of 1M ~ s , artics w involun?ary by opention of the law) of rhe ssme ~nd that the covena~ts herein contsined sha11 bi~d and the benefita and dvsntapes inw~ ; fo rhe rtspective heirs; kgal represematives, succeswrs and •srgiu of the paAip F~ereto. - ~ a And said Mortgagon, fa themulves and their heirs, leyal representatives, succeuws and sssiyr~, hereby jointly and s~vaally toventnt ~nd ~pree ~ fo •nd with the said MORTGAGEE, ib wccessas ~nd assigro: ~ ~ 1. To psy atl and ~inpulsr the principsl and 'e~terest and the various and svndry sums of money pay~bb by virfue of said promitwry not~, snd this ~ mortgsge, tsci? snd every, promptly on the days respectively the ssme ieverally becortw due. ~ 's ~ 2. To p~y all snd singvta the tsxes, assessments, Iwies, liabilities, obligatior» snd encumbrances of ~very n~rure ~nd kind oow on s~id d~wilo~d ; property, or that here~her may be imposed, wffered, plsced, levied, or ~ssessed thereon, or that hereafte? may b~ levied a pseased vpon thq Morp- E ege, w tFN indebtedness secured hereby, esch and every, when d~re and payable, accwdirg to law, befor~ they become dsli~quent, md before ~ny interat ar~zches « any penalty is incurrcd; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII dE PROMPTIY SATtSf1ED AND DISCHARGEO OF KcCORD AND THE ORIGII~iAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANGE, TNE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENDORSEO OR CERTIf1E0) SHALL BE PLACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event lhst any thereof is nw { pa~d, sat sfied and dixherged sa:d MORTGAGEE may at any time pay the ssme w any part thereof withoot waiving or affectirg any option, lien, eqvity w 5 •+~hr under w by v7rtue of this morigage and the full amouni of each snd every such payrxnt shall be immed;ately due and payabk ~nd shall besr intere~t ± s.om rFP da!e the•eof ;;n~~l ~a d a~ .ate of nine per cen?um per ennum and together w~th such interes~ shalt be secured by thx lien of fh's morgrage. i 3 ~ ~ -;s ~ ~ - :~s _ . - _ _ _