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HomeMy WebLinkAbout0452 , . _ ~ ~ TNIS INDENTURE, Nbd~ th~ 21it ~y of NOV~~r A.D. 19?s b~h~n ~ 1 Kevin Burban and Susan Mari• Bwrban, his wite • ~ + Luc i~ ~ _ of $t • . Cov~~y Fbrid~, hsnieaftN dt~ipn+ted tM "MORTGAGOR," ~od FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF FORi PIERCE, ~ corpor~tion orq~nii~d ~nd ~xistirg ~ndw ~M Iaws of ~M United St~~~s of Am~ric~ ~nd Mv(np i» p~incipd pl~ of b~n'wNS~ in d~ Gity of fwt Pi~ra~. St. luci~ Co~nty, flalda. Iw~irufin d~Ipoa~«! ~s tM "MORTGAGEE.•• WHEREAS tM MORTGAGOR b jvitly ir~kbted ro th~ JNORiGAGEE i~ th~ ium of =.~ab~• ~ . yood and lawfvl moMy oi Ihe United St~tq advanced by th~ MORTGAGEE ~nto Ih~ MORTGAGOR, ~s ~videnced by ~ artain promiuwy no~e of ave~ date Mrewith, of which th~ followinp in wads ~nd fiyur~s h• trw copY. lo-wif: ~ 2 7, 600. 00 10021696 fwt Pk~u. flw3da. NOVMbfY Zl ~q 75 Fa valve received, i, we or eitMr of us, promiss to pay, without defalcalion, to th~ wder of FIRST fE~ERAL SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE at Fwt Pi~rce, Florida, the sum of s 17~6~~~ with intereit irom date at the rat~ of .z~~r1r, pe~ ~nnum, in monthly i~tall- ments aa follows: 316'~•~ on tMZ~b day of `~~~Yy 19 76 and a like s~xn on ttK cwraspa+d~np day of each month ~he~r afM~ uniil the whole be fully p~id. Each inst~liment fint shall b~ applied in paymant of the interesf and the~ on ~he unpaid baluue of the p?inupal wm. If de(sutt is madt in th~ paymcnt of any inaqllme~t when dw, and svch defautt cominues 30 days, then ~t the option of ths hotde?, and withoW sny other not~ce, all the ~~mair?irg ! ~nsqllments shatl be dw and payable af once. Privi{ps is yiven lo pr~pay this note in whob w in p~rt at ~ny t~me wi:ho~t pens~ty. NeitF+e? for~btar~~te, ~ no? acc~ptance by the holder the~eoi after any deFault in ~ny psym~ntf hereon, sh~ll be dee+++ed extension. A late paymenl ch~rpe of Z 8• 10 - sMll b~ added to ~ach installment rem~ininp u~paid 7 d~ys aftN iq dw dat~, ~nd ~ lik! wm ihall be added to each s~ch installment rert+ainin~ unp~id 7 days afttr each succeeding payment date. Each maker, surery and endorter hereof, jointly and teve~+lly, waives dsmaod, presentmem protest and notice of protest for nonpsyment, and furtha agrees to ~ny extension of time of paymeN, either befwe or ~fter en~turiry, without nofic~ to any of ~~s; and to pay all costs of colteaion, includinp • ~ reasonable attorney's fee in the ever?t of any default hereunder, and he~cby seve~slly waive~ all benefit of homestead and excmption under 1M constitvlion ~ and I~ws of exh Sute of tM United Steres, ai againit this obligation a ~ny sxsension or renewal hcreof. Witness the hand and seal of each ps.ty. ~ , . s/Kevie Burban ~ cs~?u s/Susan Marig Burban ~ ~ $ 26 .40 i Srate Revenus ~u (Swn~p~cwweM~d~e~ro.i~iiw? wsre) ~ NOW, iHEREfORE, the MORTGAGOR fw ths purpose of secvrirg p~yment of s~id sum of =17 ~b~~ ~ ~ perform~nce of th~ cov~nsr?ts u~d apreemenn Ifl/tiMfiN expressed. and fw diven yood and vslwbl~ consider~tans, by thes~ presenu, does ~rant, baryain, sell. remise, release, convty ~nd toe~iirm unro the MORTGAGEE, ib tuccesson and suiyns, all that ceAain lot, pitce or pucel of I~nd, sitwt~, lying, and beinp In th~ to~nty of $t. j.t1C~! ~nd $tate of Florida, dewibed u fdlows: South 35 feet of I.ot 3 and the Nort6 40 feet of Lot 4, Block 3, Wn,BUWB SUBDIVISION, according to the pla?t thereof r~corded in Plat Book 6, Page 24, Public Rlcards of St. I.uci~ County, Rlorida, RY~RF~~E~?3 ~ usE on~r . a4o~-~03- poa~ a~/D By aqree~ant of Mortgagor and Mortqaqee on file with ~'~ortgagee, the xithin aortgago secwc~s not only an existing i~ndQbtedness, bnt also ADVANCBS to be HBRB- At~'2BR sade by Mortgagee to Mortgagor, the a99r~qate of w6ich will equal the pYiACipal a~onnt specified in the prosissory note secured hereby. ~ _ STATE ~-~F FL.rJF?#~,~:1 - ~z D:'?CUMENTAR`! STAlv1~' ; t', ~i ~ , i~' r :iF~; ~F NE~`ENUE ~~'''~~'t~' - ; ^ ~ - - : ~ Y ~ FB =,~v~~» E~~~~ ~ 2 6. d 0 i REC~n: ~~-r?nn?~Exr oF T~s ° o - : ~ ~~~2 ` ~ _ 1 a~ oN tx/?ss'C ~ar~nsie~ ~so~~ Pao~xnl, . Pu~urr ~o cw~rr~e n-i~a. ~crs oF i9n ~ aoc~rr Poira,~e ; cIERK CIRCUR COUM, Si_ LiiI:~E CO_, fUl , ~ ! : r 1 ! ~ ; togethK with all s~d sinyvlu the tenements, hereditama.?b and ~ppurt~nces there~mto bdonginp or In ~nywise appeAaininy th~rsto, and ~II rents, issws. ~ F p.oceeds and profitt accrvirg u+d to ~ccrw from said p?emises. ~II of which ue induded in tM above ~nd fwpanp d~wiptan and hsbendum. ~ TO HAVE AND TO HOID tM abow desaibed snd ~ranted premists unto the ~+id MORTGAGEE, iri succeuas and sssipns fortva+. Md tM s~fd ~ ~ lKORTGAGOR fa their ~;n, executws, ~dminist~ato~s ~nd assigns, hereby cav~runb with the s~id MORTGAGEE, ib wtt~s~ors and assipM, run £ rhat thev are li,afulty sei:ed of the iaid pram7s~s in iee simple; that tl» same ue frae, cbu ard dwcharyed from dl lieiq ~nd ~ax~ ~ brancss in law or in eq~ity, ud tMt thev W~~~ ~ o;r Min shail wsrrant and d~fend tM titie to tM sart~e fo the said ~ MORTGAGEE, in succeuors and ass7pns, forever ays~nst tl» I~wful claims snd demands of all perspu; ~ PROVIDEO, AlWAYS tMt if tl+~ MORTGAGOR iMtl pay ~nto tM NIORTGAGEE tM promisiory note hertinbefwe dexribed and shall truty, promptly ~ and futly perform, dixMrgs, execut~, compkte, comply with and ~btds by ~~ch and ~very the ttipulations, a~nements, conditio~s +nd covenaMS of s~id prom~isory no» ~nd of this Mortgape, thsn tha Matyay~ and tM Estate hereby ae~ted tF~ll ceas~ and be null ~rd void. ` IT IS UNDERSTOOD that the word "Maty~w" whether in tM sir?yufar a plwal a~~yvrhen in this Mortsay~, shall b~ sinpulw if ons onby and ~p i sh~ll be plural jointly ~nd Nv~rally if mor~ than one, snd thst the word "their" as ~sed mywhere in tha Ahortpag~ shall be ta4en to mtan •'his,•• •'heq,•• b~ or "in;' wherever the cont~xt so-implies or ~dmits. Alw, tMt whe~ever there is a ~eferena in tM cownants and ayreert~enh herein ooMSioad to any oi k the paties Frcreto, tht iame sh+ll bs construed ro msan as well u the hein, leyal nprssenbtives, s~tcssson snd assi9~q (~irher voluntary by ad of t!» c part~es a involuntary by operation of the law) of the asme and that the covenanri he~ein tont~ined shall bind ~nd tM b~nefib and advantp~s irwr~ ~ ? ro tl» respectiw heirs, kyd representativrs, :uueuon and ~u?y~s of tM putiet her~to. # ` Md ssid Atiortyaywa, fw themselves and their Iwin. IsQsl represe~tatives, successw~ ~nd auipns, hereby jointly arwl s~vKatly ooven~nt and a~N ~ fo ~nd with the said MORTGAGEE, iq ~uccesson aod ~uiym: ~ 1. To psy ~11 and singulu tiw principal and interest and tl» varian and ~undry sumi of moneY paYabl~ by virtw of said prom~uory noh. ~nd this ~ morty~s, each and wery, promptly on tM days respec~~vely th~ same s~wrally becorti~ due. ~ 2. To ~ paY dl and sinpvlu th~ axef, ask~une~n. I~vies, liabilities, obl;~rions ~nd enprrnb~ances of every natur~ u+d kind now on s~id d~scrib~d F P~~nY, w that hereahtr may be impoNd, wffaed, plaud. Iwi~d, a sis~ssed thenon, or tMt hereaft~r may b~ kvi~d w~wsad upon this Mwq- ~ ~ +9~, w tM ir~bt~dneu ua,r~d hereby. ~acfi ~nd ~v~ryr, whM d~e and payabl~, aaordinp a larv, befon thep becan~ delinquem. and b~fon ~ny kn~nst ~ attaclxs w any penalry is i~curred; AND INSOFAR AS ANY THEREOf IS Of RKORD TME SAlNE SHAU 6E VROMPTIY SATISFIED AN~ OISCHARGED Of ~ RECOR~ AND THE ORIGINAL OfFIC1Al DOCUNIENT (SUCH AS, FQR INSTANCE, THE TAX RECfIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSED r ; OR CERTiFIEU) SHAII dE PUCEO IN THE HANDS OF SAIO AhORTGAGEE WIiHIN TEN DAYS NFXT AFTER PAYMENT; and in tlw tvem tMt ~ny thereof ia no1 paid, sat'ified and dischwyed sa:d MORTGAGEE may at any time pay th~ same a any part thcreof withovr waiviny or affecting any option, lien, equiry p 'aj ~~aht under or by virtue of this mortysye and rhe full smount of each ~nd every vxh payment shall bt immediately due ~nd p~yabk and shal) b~a~ inter~st ~ ' ~~om ti+e date thereof ~ntil p~id at rate of ~ine per tentum pcr annum and together w~th such interest shall be secvred by the lien of th:~ mwytaq~. : . . . ~ _ _ .c.,, F ` _ ~ . ~~~;t . :S-. s_.