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HomeMy WebLinkAbout0530 . . 332~~ 2f ~ tP : . ~ . MIS INDENTURE. 1Wd~ tM 12 L h ~ of Apr i 1 A,p. 19 76 b~twe~n • Ll.ovd T~,vlor and Clotil~ R~ raylor1 hi~ wife oi ~~'1@ C.o~r~l fbrida, hKeinaftK dapnatrd a tM "IYWRTWIGOR:' ~nd fIRST FEOERAI SAVItVGS ANp IOAN I?SSOCIATION Of fO~T pIERCE, • oapor~rion or9ank~d ad ~xb~inp wan tM I~ws of tM Ue~tcd Sutss of /1n»ric~ ~rd Mriny 11~ prkrcip~) plaa d bwMNw in tM Cltp of Fat Pi~rc~. St. l~ci~ Cow+b. Flaid+. M~~ina(ta d~sipnu~d a tiN 2g i~GOEE.~ . VYHEREAS tlN MORTGA(iOR h hqtly (nd~bt~d b Ih~ MORTGAGEE te 1M swn of i-! ' 9ood and I~wful mon~Y of th~ U~it~d S1~tN ~dv~nc~d by ~M 1MORTGA('sEE vnto tM MORTGAGOR, +t ~rid~t+c~d by • csrta:n promiuay noh of •wn dats haswfth, of whidt tM followinp M wordt .~nd fipwM i~ ~ Mw aoPY, Krwil: i = 28.000.00 April 12 1002 9859 ~ Fort Plau. Fioride, } for valw naiv~d, 1. we w•i~ha of ~n, p.om~s. ro paY. wi~hout c!~(~lcation, to the o.de. oF FIRST FEOERAI SAVING-SS AND IOAN /ISSOCfATIQN OF ~ FORT PIERCE N Fon PiNC~. fiorid~, tM swn of s 28 ~ ~00. w:th in~~re~t irom dat~ ~t th~ rate of 8• 77~ per u~nuns, in monthly Imt~l4 , m~nn as (ollows: ~.231 .DO ~ tM 2~LF1 ~y of JYZY 19 76 u~d • lilu sum on th~ correspa?d~np day of ~ach mwdh thNr •ftN vntil tM whol~ b~ fvlly pald Each imt~llnwnt ('rst ah~ll b~ ~ppli~d in p~yment of rh~ inre~esl ~nd ~hee o~ the vnpa;d bafance of th~ p~indp~l wm. If def~uh b m~d~ tn tM paym~m of ~ny tnsullrMnt wFwe~ dw. ~nd ivd~ dehult con»nves 30 days, th~n at tM option af ~he hotd~r. u+d wirl+wt eny ahN notic~. alt t!r r~Ininp inpalien~nfs ah~il b~ dw k+d p~y~bt~ ~t ont~. Privil~ is yiwn ro pr~p+Y this noN in whol~ or in p~tt ~t ~ny tirM without pNwlry. t~NitMr (or~rsau. nw ~a~puna by tM holdK tFwr~of ~h~r any defaulr in ~nY paYr.+MN h~~eon, ~h+ll b~ de~med oxtension. A lat~ payment chup~ of i 11_.55 si~all b~ add.d +o •ach tn•qiu++.m r.maininp w~pa~d 7 dsys aha ln dw dar.. and a lik~ sum ~hs11 b~ ~dded to each wch inst~tlm~nt ~~maininp w~paid 7 d~ys ~ibr ~~eh sveeNdieg paym~nt dat~. E~ch nukv. wr~ty ae~d e++don« 1?Keof, ~oir+tlY and uverally, warv~~ demand, pr~serom~nt prot~at ~nd notics of prote~t fw rwrtpayma~t, and fimhK p.... a u~y .x~«ubn of rwn. of paymNU, eiths~ Mfor~ w~her matwity, wirhout ~otKe to ~ny of usj u+d to pay all coan of colbction indud'x~p a nasoMbl~ attwney i fi~ in tM ~wnt of ~ny d~fwh henve~der. _and h~reby sevewlly w~iva all b~nefit of homes~~ad and ~z«nption w~de~ tM eonatitulion and lawt of ~aeh Sute of fM Unitd Sr+tes, s~ ap~inst thii obli9atia~ p any ~xt~nsan a r~eeew~l h~r~of. Witi»ss tiw Mnd and t~al oi ~~ch p+?ty. . ~U S/Lloyd Taylor ~ . _ (SEAU $42.00 S/Clotilde F. ?avlor ~ ~ ! ) Stab RwMw x~c~p~ . . ~ _ NOW. THEREFORE, ths N10RTGAGGR for tlr purpo~e of s~ev.inq payrn~nt af said swn of i 28 ~ ~ _ ~O yN pK{~y~ ~ oovau~q ud aprNmsnb Mr~inah~r exp~essed. and fa d~vKS poad and valuabl~ oonsGdsratio~», by thew p?~senM, do~s ~raM, barpain, MII, nmis~, r~baN. oonwy ~nd oonfirm unw tM MORTGAGEE, iri i~ccaason ~nd ~uy~s, a0 th~t c~n~in lob piea w-paral of laod, drir~N. Irinp, and b~inp In tM C~~y St _[~iCie and Sut~ of flaid~, de~crib~d-~s fdlowu Block 3 - l.ot 13 and Lot 14~ LESS the north 40 f~et, REVISED PLAT OF SOUTH 2Sth STREBT SUBDIVISION, as per plat thereof on file in Plat Book 11, page 46 af the public tecords of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file M1tI1 Mortgagee, the wi-thin mortgage secures r.ot or~ly an existing ~indebtedness, but also _ ADVANCES to be HEREAF?ER nade by Mortgagor to ~Nortgagee~ the aggre- . _ gate of which will equal the principal aaount specified in the pro- missory nQte secured hereby. ~ : ~c.~~G- ~ti~ - ~~3- ~~~/,t~? ~+~ap -,~,"p~{ . ~~L,.S~I - I ~ -=T= o~ FLORIDA ~ ~ 5 ~ ATE : StAr~n~ zr~ I - OOCUN?fNTARY=~'°'~•.~.-------'--" pU + ~fYED ~z D£P?. t?f REVEttuE , /~yw~7~.1M. ~ IM PA ~r 2r Of ~ ~l'R i 4~ts t~ ~ 4 2~ ~ ~ ~ ~p~~~~, v Il~~ta. r ~y~~ alr T/~(~ 'G ~•..r ; ~R~..~l ' v P& ~ ~ - V ~ER 71-13~, ~ERIr. ^ ~~ta2 ~ ~R ~ l!1/J~i - ° ~ G~~ PORRAS ~ s~`~~, _ oou+?t, sr, aic~ cb, Fu 1 ~ lop~tlwr with ~II u~d sinp~lar t!w ten~rrwnts, h~r~d~tamen» and ~ppurtances therwnte bdagirq a in anywis~ appeAainirq tl~nw, and all r~n», lstws. proc~ u~d prof~n acvuinq ~~d ~o acvw from said pr~maes. ~11 of vvhid~ ~n included in tM abov~ usd forpolnp d~wtption ud Mbendw~~. TO HAVE AND TO FiOlO ~ abow dewib~d ~nd ~~ant~d pr~a unto th~ said MORTGAGEE, iri waawn and auipro forewr. Md th~ s~W MORTGAGOR for iL- Mirs. ~x~cvton, dmini~traton and ~aipm, h~raby oownants with th~ s~W NIORTGAGEE, it~ suoc~uon ~nd aNlpn~„ Mat t~ y re knfully s~iz~d of th~ ~aid pr~m~a in fN simpl~t that ~h~ sam~ a~~ frN, clear and dbcha?pad f~om ~11 li~ and ~ncw~?~ brsnces in law o~ in pvity, and tMr t he i r will aod the ir ~~11 w~rrant and d~f~nd t!r titl~ b th~ ~un~ to th~ ~W MORTGAGEE, it~ wcuuw~ ~nd auipns, forwer spaimt tM larvfvl elaims u+d d~maeda of dl. p~rwrai . PROVIDEO, ALWAYS that if the MO?2TGAGOR th+ll pay unto the AhORTGAGEE tFn promi~wy noq hereinb~fon dav~d ~nd sh~ll truly, prort~ptiY «+d fvtlr P~r(wm. d'ach+ry~• ~x~cur~, compkq, comply with and ab~de by ~ach u+d ~vsry tir atipul~ram. ~Onem~nts, coeditiom and oov~ros of ~aid promisary ro» and of thia Mor~pc~~e, tMn rha Matyps ~nd th~ Eitat~ hereby v~atd ~halt aN~ and bt null ~nd voW. - IT IS UNDERSTOOD thN tFk ~rard "Mat~apor' wherha in tlw sir~qviu o~ plw~l a~ywMr~ in *hls Mwtpape. sFull b~ siepular if on~ only and shall b~ plurat ~oir?tly ~nd wverally if mon tMe~ aw. and thd ti+~ word "~tKir" a~ us~d ~ywMn in this Mortyap~ ~Fwll b~~ak~n to ine~n °lds," "k~n,•• a"i»," wMrwa the oom~:t w implia a admin. Abo, that wI1N~VM fF1H~ i! a r~f~nnu in tM wwn~ata and apnements Iwr~in aoiuair~d w any of . th~ pan:a IwKNo, tht ram~ shall corutrued to me~n weil u tM !»irs. Ipal npressm~tives, woctswrs and assipro (~itl~e? volum~ry by ~ct o! tht p~rip or Mivdwu~ry ~r opK~rio~ d th~ bw) of rh~ wrM ~nd th~t th• wrenw?n ha~in contairnd slull bind snd r!» 6+rKfits and adv~nqp~ Inw~ b fh~ rap~cifw hein. I~pd r ep~orent~~ives, t~son .nd us'~ns of ~Iw pania he~sta Md ~aW JY4wtpa~on, fw tlwmselws snd thsi~ h.in. l~p+l r~~wntaYwp, s~cc~uon sod sssi~ra, herebY i~rtY and revadly oov~m ~nd apn~ w 1o and witi~ th~ a~ld MORTCA('sEE, its waeuas ~nd ~uipos: ~ ~a 1. To p~y dl ~nd sinpular th~ pri~cipal and intwest an~ th~ v~~iovs snd swwlrr swm of morNy p~Y~ble by vlrtw of uid promirsory rtoM, ~nd tf~ _ nwitpp~, wch ~nd twry, promPtlr o~ the ~n r~ap~ctivel~r th~ sam~ sewrdly b~ca++~ dw. 2. To pqr sd and sinpul~r :h~ ta~es, askwn~nb, le+rie~. IiaWli~i~s, obtips~ions ~nd ~ncwnbrMO~s of wery mtur~ and lcind now on ~aW duvib~d ~ WaPwH, a that lw~ahw may b~ irnpa~d, wHN~d. D~+ud, iwied. or Hwss~d therson, or rhaf l~~~ftM may b~ I~vi~d a~suswd upon thM Mort~ a. tt+. r~d.b+.dnns ..cvr.d h.r.bp, eac* ,nd .wry, wFwn dw .nA p.r.bb, acc«dinp a bw, b.!«• ~n.y b.c,on,e d.tiep~,.m, and b~ton .np 6i».~a - m~ch~s or snp_p~natty i~ incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORO THE SAME 5H/?ll !E PROMPTIY SATISf1EJ AND CISCHAR(3ED OF RKORD AND TNE ORIGINAI OFfIC1Al OOCU.MENT 1SUCH AS, FOR INSTMKE, THE lAX RKEIYT OR THE SATISfACT10N PA?ER OFFKIALLY ENDORSED OR CERi1fIED) SHAII !E PIACEC IN THE NAlVDS Of SAIO MORTGAGEE WITHiN TEN ~AYS NEXT /1fTER ?AYMENTs snd in tM Mn1 fAaf any 11a~~of N nol pid, uY~fi~d u+d d'ad?a~q~d w~d MORTGAGEE ~nay at ~ny twne psy th~ svn~ a a~r pKt ther~of virithout w~ivinQ w~ff~ctinp seryr oplion, Ihe~, ~qvily or ~ipM undM a by virtw of this mo?tyape and the f~.11 a.~n.wnt of e~:h and cvery sucA paymtnt sMll be imm~ediateFy dw •nd pay~ble ~nd shall b~w int~nat han tM dN~ ther~of un~il paid ~t r~t~ of nin~ pe~ untvm p~r ~nnum ~~d wp~thN w~th wch interest sMll b~ Hcw~d by tM li~n of tA:s motptp~. s~ ~~"1". ~ ~~#rr' _.3~ - s-~Y a~ k.-~~~a. . r ~ ~ ~ _ _ . t ~ ~ . ~ .