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HomeMy WebLinkAbout0244 ~ t ~ .325:~1.3 , TNIS INDENTURE. N4d~ th~ 26Lh day of JR u /1.0. t9~~ bstwNe~ ? • , 1 Charlea B. Butles a~d Maurv H. B~t er, his wife o{ St . 1.11C1@ ~ Cpy~y ~rida, h~reln~ttN d~sip~++ted as tM "MORTGAGOR," and FIRST FEOERAI SAVINGS AN~ LOAN IISSOC1A1tON OF FORi PIERCE. • c+wporatan orp~nis~d u~d ~xistinp undM !M laws of tM United Statp of Am~rica and havinp in prinap~l pi~p of busin~s~ in th~ City of fort Pi~rn. St. Luci~ Cwnty. Flaida, I1fffIM~iN ~IffpM~~ n th~ "MORTGAGEE.•• WHEREAS the MORTGAGOR is ju~tiy ind~bl~d /o tM MORTGAGEE in IM sum of : 6~ OQO_ Q(,L good snd I~wfvl money of ths Unittd Satp advanced by the MORTGAGEE unto iha MORTGAGOR, as evidencad by + certain promiuwy no~e :,f even dats h~rewith, oY which th~ 1o11owinp in wad~ and fiqurq is a trw topy. to-wit: ~ _ ~ = b.000.00 2 2 r~ P~«~., fio.sa.. Januaacy 26 19 7 f fa val~e received, 1, w~ w eithar of ut, promiis lo pay, without defalcation, to tha order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCf at fort Pieres, fbrida, the sum of = 6}~~ _ ~0 w;th interest irom d~ts at the rate of .Q._Q96 pe? annum, in monlhly inftall. + men~~ u 4ol,avrr. t 77•O0 on the 20thd~y of M8lCt1 _ i9 ?6 ~i+d e lik~ wm on il» car ~ da of each month thK~- i eii~~~^9 Y after until the whole be fully paid. Each installmenf firit shall be applied in payment of the i~teret~ and then on tiM unpaid bstance of the pri~+cip~l wm. If default is m~d~ In tl» - payment of sny i~ataNmeM wfien dvs, and such detwh continues 30 days, ihen at the opt'an ot tM holder. ~nd without sny other notice, ~U the r~mt:.~inp ~nsultrt~ents shsll be due snd payabb at once. Privilepe u yiven to prep+y this nota in whole or in p~rt at any tims w~thout pen~lty Neither iorabe~~anct. rw~ uceptance by ths hotder thereof after any defauh in anY psYmenq hc~eon, ihall b~ dcemed extension. A late payment cha~ge of i-~-. sha~l M added to each i~stallment remaininp unpsid 7 days aftM ib dw dat~, ~nd • like wm shall be added to each such inttallment remaining vnpaid 7 d~ps ~fiM each wcceeding payment date. Each maker, surety and endaser hereof, iointly ~ed teverally, waives dema~+d, presentment protest end notice of protest fp nonpsyment~ and fwth~t agrees to any extenian of t~me ot payment, either befo~e a aftei msturity, wi~hout ratice to sny of us; and to pay alt cosls of collectia+, ir.cludinp ~ f ~easonsbk attwney's fee in tl+e event of .+oy dtfsult herevnder, and hereby severatly waives all be~(it of homes~e~d and exemptia+ vnder the constitWion and Iaws of each Sta~e of ~he United States, as spainst this obligation or soy extension w re~ewat hereof. : . WiMeu tna hand and seal oi each party. r ~U . ~ 5! Char les B But ler ~?U i ~.d Cl . ( ~ ;.y S/ Ma?rv H.B tl.er ~ t .59.00 a State Rwtnw NOW, 1HEREFORE, tha MORTGAGOR f« the purpose of sacvrlnp paymu+t ot said sum of s 6 s.0O0• O0 ~ and tl» performance of th~ covenants ~nd sgreemenri hereinaftet expressed, and fw divers poed ud wlwbk• coniiderations, by ihes~ presenri, dots pr~nt. barysi~, sell, rtmise, retease, convey ~nd coniirm unto tfie 1NORTGAGEf, in succassas and auipns, dl th~t certain lof. Piace w patce) of land, situ+te, lyiny, and beinp in tM Covnty of S'L . T.YC ].@ " S~at~ of Fbtida, dncribed ~s fdlows: i f , Lot 10, of J. S. W. McCIJLLERS Subdivision, as per plat thereof on file I in Plat Book 4, paqe 34 of the public records of St. Lucie County, Florida By agree~ent of Mostgagor and Mortgagee on file ~?ith Mortgaqee, the within aortgage secures not only an existing indebtedness, but also ADVANCBS to be HER6ARTBR sade by Mortgagee to Mortgagor, the aggsegate ' of which will equal the principal aaount specified in the prosissory - na?te secuzed heieby. ~'t` ~ ~ ~ .K.: .,s__ ~ ~y0~-'`7~l• ,~1~/~ C:D%~ ~ ' l.l ' . ~ S ` ~T~`-~TE ~-'L ~ r~ t ~ Et C L U~~1 E N; A R~` S I~~ ty1:' ' I_ ~ . C^ ~ IN NC~Mf~f Of TAXF.E T . ~ ~ - - . c - :~EPt.t;f i?EYE;il'_ ~ONqASf'C'11~~1'18161E~~ry~ cn r='~~•~~, ` w <<~~ ~R-F~ a s. o o ~ ~ ~ ~ ~y~?.-~,~ ; , ~ ~ Fs M ~ =::ai`'s ~et l~Ot~RAS ( qFRK CIR17tltf GOURL ST. iUC1E ~0, FlA ~ t ~ I k ~ j eogefher w~th all and singvlar the tenements, hereditsments ~nd appurtsnus there~nto belaqing or in a~ywise ~ppat+inin~ tlxr~to, and all renb, issun, proceeds and profits ~cauing ~nd to acu~re tran ssid prem~sas, afl of wFi~ are included in ~he abov~ and fwgoinp dssuiption ~nd hab~~dwn. ~ TO HAVE ANO TO HOID the above described and ya~ted prtmises unto ths s~id NIORTGAGEf, its suuessors and ~ssip~ fawN• Md th~ s+1d s ; h50RTGAGOR fa thB lr ~~rs, executors, administrarors and augns. hereby wve~a~n with tM said MORtGAGEE, Ns watssws ~nd aslQm. ~ the aze rhat y lawfully se~zed of tM s+id premises i~ fe~ iwnple; th~t the sarn~ us frae, cbu and discharyed from all liw~a and aea~ ~ brences in Isw w in equity, and that th6Y will and t~ll hein slull warr~M snd dtft~d th~ titlt fo ths same fo tlwt ssid . i MORTGAGE£, it~ succeuors arxl ai~ipro, fwevH against the lawiu) claims and dem~~ds of ~II persan; ~ ' PROVIQED, ALWAYS thst if the MORTGIIGOR sfi+ll p~y unto the MORTGAGEE the promissory rate herei~bsfw~ described uw! sh+U truly, promptly ; end fully perfwm, diuharge, execute, compltt~, comply with snd sbide by e+ch and erery the stipulations, spreamenri, tonditioro and aova~anb af asid prom~ssory note and of tha Mwtgaye, then this Mort9aye and the Est~te her~by cr~ated sMl) csase and bt null and wid. ~ IT {S UN~fRSTOOD tfiit the word "Maiyagor" whether in the sirgular or plwal se~ywhere in this Mortyagt, shall b~ sirgula~ if on~ only and ~ shall be plurd iointly and s~verally if mor~ than one, and that the word "their" ~s used anywfiera in tha Mort9aye sh~ll be tsk~n to ene~n "his," "Mn." ;";o or "its;' wherever tF~e context io implip w admits. Also, that wherever thert is a rtfereoct in the covensnt~ snd agreernenb herein contaln~d to any of ~ r.he panks hereto, the sama al+all 6e co~st~ued to me~n u we!! ~s tF+e hein, kpal npresenu~ives, succeuws snd auipns (either voiuniary by act of th~ ~ j ; panie~ w involuntary by ope~ation of the law) of the same and that rhe covenann herein conuined shall bind and 1M b.nefin •nd advanr~s trwn ~ to tF?e raspMiw heirs, kps{ representatives, succeuors and ass~yns of the psrties hereto. Md sa'~d Mortysgors, for themselves snd their hein. {s9a1 represenntiva, succes~ora and asiipns, hereby jointly and stvaally tov~nant and apt« ~ ' ro snd with the tsid MORTGAGEE, its successors and assipro: ~ 1. To pay all and sirgvlar the principsl ~nd inte~est ~nd the vsrian and wndry sums of moneY psYabl~ by virtue of aid promi~sory noN, and tha ~ ; mo~lga~e, each ~nd every, promptly on ti+~ d~y~ reapectiveiy ih~ surN fewr~lly become d~e. f 2. To pay dl and singvl~r the tszes, assessm~nn. {evias, fiabifi~iq, obfig~Ywns and encumbrances of every ruture and kind now on s~id daa~d ~ ~ property, w that hiereaftK may be impwed, wffered, platsd, levied, or assessed tber~on, a that Mr~aftar may b~ I~ri~d or asssst~d upa~ thi~ Motlp- sge, a tM i~d~b~edneu secur~d ha~by, e~ch +nd wery, when dw ~nd pay~bl~, accadirg to law, b~fore they becan~ d~ti~quent, and before any NtKat attaches or sny penalty is inturred;/1ND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMP?tY SATISFIED AND ~ISCHARGfD OF RECOR~ AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENOORSEO OR CERiIFIE~? SNAIt 8E PIACED IN THE FiANDS OF SAID MORTGAGEE WiTHIN TfN DAYS NEX1 AF7ER PAYlY1ENi; snd in th~ wtM that any tlwr~of is no1 ' paid, ssYsfied and dlschu~ed ss"d MORTGAGEE may st any time pay tFw same or any part thereof without waiving w sffectinq any option, liea, puity or ' •~qM under or by virtue of this mortgsge and the fvll amount of each ~nd every such paymeM shall be immedistely due and psyabk and ~hall bea intKat s.om the d~te thereof unril paid at ?+te of nine per centvm per annum ~nd toyethe~ w~th such i~terest sha~! be secured by the lien o1 th:s maytpe. ~ F ~.~-r~~ ~`~"~s..*~~ t~ ° r~' "af '"`~r~~,5,~ ~s -s 4 ~s. T _ . r ~~°~~~r+~~,~.+^-,..8 _ .