HomeMy WebLinkAbout2499 - 319n68 ~
1HI5 INDENIURE, Mad~ rr~. 14th d,y ,f T„ OctobQr , A.C. 1975 b.n~,.«?
` ~
W311~as R. HOlley ~111 Wanda ti" ROlley~ h s te ?
of St. L1tC~~ C~~y Fbrid~, Fw~~i~afq? detpnated af tM "MORiGAGOR," ~nd fIRS1 FE~ERAL SAVINGS ANO IOAN E
ASSOCIATION OF FORT PIERCE, ~ corporatwn wq~niad and ex~stinp und~. tM laws of ~M Un~nd S~•ra of Am~riu and havinp in prioctpd plaa of :
bwin~ss in tF» City of fo+t Piac~. St. luci~ Couoty. Flo.id~, hsr~ioaher d~:pn+?sd ~s tM "MORiGAGEE."
WHEREAS /M MORTGAGOR a iuatly indeb~ed 1o ths MORTG/1GEE in 1M sum of i~L~~•~ good and lawiul mon~Y o( tF?e Unlted
Sreta adv~nced by ths MORiGAGEE unto the MORTGAGOR, as eviduncec! by a ce~~ain promissory note ~of even d~te herewith, o( whith tM fotlowinp M
wwds anAd Af~'
urtt is a Irw copy, to-wit:
~ 4~ ~ fMJ . ~ ~ c ' ~ 13~0170
Fort PiKC~. fiorid+. ~CtO~I 14 19 7S
Fw value rec~ived, 1, we w eithe~ o} us, prom~ie to pay, without defalcation, to the wdsr of FIRST FEDERAI SAVINGSS AND IOAN A550CIATION OF
FORT PIERCE at Fort PiArte, flqrida, the sum of 54--~~-~~'~ - with in~erest from date at th~ r~te of 8~7~16 pa amurr?, in awnthly imq14
ments ai fotlows: E 3~•~ on tl+e2~th day of January , 19 76 u~d a lik~ avm on the correspond~np day of e+ch ma~th tlwre-
after until the whole be fully paid. '
EatA installment firit shall be applied in payment of the intere~t snd then on the unpaid bala~ce of the pri~c~psl sum. If dtfwlt if rt~ in tM
payrrKM of any tnstalfinent wh~n due, and such defauh continues 30 days, then ~t the option of 1h0 hplde~. and without any ofhK ~otite, sll tM r~klirl~
installments shall be dus and payable et once. Privilege is given ro prepsy this note in whot~ or iri part at ~ny time without pensMy. Neither forebM~~no~,
nor ~ccepuoce by the holder thereof after any default i~ any psyments hereon, sMll be deemed exleasion. A late psymcnt ch~rg~ of ls.
6,~.~ ~II be
added to each installme~t remaininy u~pa~d 7 days ~ftet its due date. ~nd. a like sum shall bE added to each such instaltment remaining unp~id 7 days ~fM
each succeeding paymcnt dare. ,
Each maScer, surety and endorur heteof, jointly and severally, waivp dcmand, p?exNment protest and notite of protest for nanpayment, and fu?fMr
agrees to any extension of t~me of payment, e~ther ba(ore w after m~turity, without notice to any of us; and to pay all coats of .cdlection, includi~p a
reasonabie attaney i fee in the event of any detauh hero~onder, and hereby severally waives all benefit of homestead and exemption_~ender ths caatitution f
and laws of each State of fhe United States, as against this obtipation ot a~y exte~sion a renewal hereof. t
i
Wit~ess the hand and sesl of each parry.
~~P~~ ~ a/Willias R. Holley ~
~ ~ ~
~Ml? C~~~ .5~~• C'p~~~J '~r~ G} s anda R. Holley ~
~?U
~ ~ (s~?U
( ~ St~te Revenue ,
!6?«~~ ~w~a~Nad-on~i9Fn~F no~e) ,
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing p~yment of ssid swn of i~~~0•~ +nd fh~ pe~form~nca of th~
covenants and ayreement~ heranaiter expresxd, and fw divers good and wlwbls consideratio~, by thes~ pr~senn, does grant, bsrysin, sell, remise,
releas~, convey ~nd confirm unto the MORiGAGEE, iri sucusson ~d aui9ns, all thal tertain bt, piete ot pucel of land, ~ituate, lyiny, ~nd beirg in tM
Counry of $t . Lucie snd Stat~ of fbrida, desvibsd u folbws:
I.ot 7, Block 121, SOUTH POR? ST. LUCIE UNI? 4, according to the plat thereof on
file in Plat Book 13, Pages l1A thru C, Public Rscords of St. Lucie County, Rlorida,
By agreenent of Mortgagor and Mortgagee on file with Mortgagee, the rrithin
~ortgage s¢cures not only an existing indebtednesa, but alao ADVANCBS to be
HBREAF'TBR sade by Mortgagee to Mortgagor, the ayqregate of vrhich will equal
the principal asount specified in the prosissory note secured hereby.
i
; .
~ .
; . - ~ ST,qTE ~F .
i o= ~ocu FL-~ R; ~;c~ !
-_`NtA R Y,~.~,
~ Q M E S T!
! x~ ~ D;.~i- r~t kEYEl1iUE ~~'-::i;=,
{ /4~
P ~!i 1; ~ '
~ `t eB. _ (~i i;•75 ~,5~! ~ - -
~ ~ - i ~0-od
i ° = 1~`~2 ~t :e_«~'' ~ ~ O O' RECfiVED = IN PAYMEM aF TAX~S
! . . . ' [~.;E ON CIASS 'C' It(TMlGIBIf PE!lSONAL PApPER1Y~
~ PuftSURKT TO ~ER~71-~~
S Of 19~1~~ ~
~ tq.ERK CIRAlR OOURT. Si. WCIE o0, F11~ '
~
~ together with sll snd singular the tenemenn, hereditamenb and sppurtenus thereu~to belongirg or in anywist appertainieg ther~to, and d) renfs, bsvp.
proceeds u~d profits ~cuving and to acvue from s+id premiaes, sll of which ue included in the abov~ and forpoinp d~sc?iption and habMdwn.
TO HAVE AND TO NOLD the above dewibed and yranted premises unto ~he said 1MORTGAGEE, iri svooeswrs and ~stipes fwewr. Md tM said
~ MORTGAGOR for the~! - F~eirs, executws, administratws and •uigns, hereby aovenanq witb the wid MORTGAGEE, it~ wa~sson and auipra,
they are
rhst lawfuliy ~e~:ed of the said premises in fee simple; thst the sam~ are fr~e, ckar u~d discFwyad from a!I Iwm ~nd enu~m-
brances i~ law w in equity, end th~t th~ will and their hein shall wuranl and defend tM titl~ b th~ ~arrM to tFN said
- MORTGAGEE, its succdsors and assigns, fwever againsf tfie lawful claims and demsnds of all perfom;
~ PROVIDED, ALWAYS that if ths MORTGAGOR shall pay unto the MORTCsAGEE the promiuory not~ hereinbefw~ dewlbed and fhdl trvly, prompfly
snd fully perform, d~sch~ry~, e:ecute, compkte, comply with and ab~de by esch and every the atipvlatio.a, aprcements, tawlitioro and aov~nri of said
~ promissory note and of thia Mortgaye, then this Mort9sge and the Estate hereby veated shall te~a~ and b~ null and void.
~ IT IS UNOERSTOOD that the wad "Hlortysgor" whether in the singular w plwsl anywhsr~ in this Matyaye, shal) b~ sinpvlar if oM only and ~
shall be plwal jointly aod severally if more than one, and that the wad "tlxw" ~s used ~nywhen ln tha Nbrtpa9t sh~ll be tsken to mean "his." "Mrs,••
~ or "its;' wherever the conteat so implies or admits. Also, thst wherever there is a referenc~ in the coven~MS and ~yreart~enri h~rein contained fo any of
~ the p~rties hereto, the ame ahall be construed to mean as well as tF~e he'us. I~gal represenNtiva, successor~ ~nd assipro (eitha volunt~ry b~r ~d of th~ ~
parties or imrolunt~ry by opention of the I~w) of the same u~d that the covenann herein contained iMll bind and the b~nefiri and adv~ntap~a inur~ ~
~ ta ths respective hein, kgal representatives, successors and au°ym of tF~e pa?t~es hsreto.
~ Md said Nbrtysyors, for tlxmselves snd thei? hein, 1e9a1 representativ~s, waesso~s and assiyns. Me~eby joinNy and ~tv~rally covan~nt and pne
~ ?o and with the said MORTGAGEE, its successors aod ~asi~ns: ~~j
~ 1. To pay a!1 and sinpvlsr tfie p~intipal and interest and the various and ~undry wms of mot~ey payable by vittue of uid promittory noh, and tl~
~ mortQ+ys. ~ach and every, promptly on the days ~espectively the sm+t s~v~ully bacorrw dw. ~
~ Z. To p~y ~11 and sirgvlsr tlie taxa. ~isessrn~nts. Ievies, li~bilities, obtiyations aeid erKwnbrances of wery r?~twe ~nd kf~d now on said d~wib~d ~
property, a that hereafter may be imposed, wffared, placed, trvied, or ~ueud the~eon, a th~t hereaft~r may M Irvi~d ar asesstd upon this Morlp~
~ +ye, w tFK i~debtedneu secured hereby, each ~~d avery, when dw u~d payabl~, accordiny to law, befae they becan~ delinqueM, and btfon u~y ieN~apt
atuches w arry penalry is i~twred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD THE SMIIE SHAII 6E PROMPTLY SATISfIED ANO DISCHARGE~ OF
RKORD AND iHE ORIGINAL OFFICIAI DOCUINENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OffICIAIIY ENDORSED
x' OR CERTIFIED) SHAII BE PUCED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in ths ~veM 1Mt any fMnof is nol
~ paid, sat':fied and dixharged sa:d MORTGAGEE may at any tirtx pay the same w any pa~t thereof witlw~t waivinp or affectirg any option, li~n, equity or
.phf under o~ by virtue of this mortyage a~d the fult amount of exh and evc?y such p~yment iMll be immediately due and payable and shall bta~ infKqt
~ s~om the date thereo( until p~id at r~te of nine per centum per annum ~nd toyether with such iMe~est shall be secured by the lien of th's morqtap~.
~'a _ a~._. _ . , . _ . . .