HomeMy WebLinkAbout0791 33~~7'15
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THiS INDENTIiRE, Mada tM 12Lh day of ~•ay - - ~.D. 19 76 bstween
k'ord of Truth Tem~~le, Inc. , a_CorPoratic~n not for prc>fit
under the laws of the State of Rlor ida
of $t .~'uCl e County flwida, her~inaftet duigna~ed as tl.e °MORTGAGOR;' a~d fIRST FEDtRAI S~VINvS AND tOAN
ASSOCIATtON Of FORT PIERCE. ~ corpor~lion ory~~i:ed and •xis~iny undN IM laws .of tM Unit~d S~at~s of Am~ric~ and Mvi~p iri ptincip~l pl~c~ of j
bwiMSS in tiw Gty d Fort Pe~ru, St. tvci~ Cou~ty. FIO(id1- FN(QiM~Nf d~uyn~tsd tFr "N1bRiGAGEE.° F
WHEREAS tha MORTGAGOR q juitly i~dabted to 1ha MORTGAGEE in the sum of Z`L? +~n goad and I~wful mati~y of the Unitsd ~
Statet advanced by the MORTGAGEE un~o tha MORIGAGOR, as rvidenced by a certaln promiasory note of even date herewith, of which tM followinp in
w0t~ ifl/d~ ~i~ure^f (f a t(W COPy, tOwit: ~QO^~nl`
~~a ~QVQ~Ql1 ~ G 7 V
Fort Pkrc~. Florida, y 12 ~ 19 76
For vafue receired, I, we a either of us, pro,n~se to pay, wi~hout dE~~t~Aon, to th~ ord~r of fIRST fEOERAI SAYINGS AND IOAN ASSOCIATION Of
FORT PIERCE a1 Fwt Pierce, Fb~ida, the sum of S_. 42~00~. w;~h inrarrst Irom oate at the rate of 8!
7=76 psr ennum, io monthly io~tall-
menri ai iolbws: 5~346 _ or, ~t,~ .?Oth d,y ot Ju~e______. 19_76 and a like aum on the corre~pond~ng dW oF exh momh thert- `
afta~ unlil the whole be fvlly paid. -
E~th inst~llment first shall be applied in payment ot the interest arx! rhen on the uopaid belance of the princlpsl sum. If default is made ie~ tM
paymcnt of ~ny installment when due, and such drfa~lt cont~nuea 30 deys, lhen at the option of the hoider, and without any other notice, all the ~emaininp
inst~llmenb thall be dve ~nd payable at once. Privifege is yiven to p~spay this note in whole or in part at any t7me without penalty. Neitfier forcbear~np,
nw ~tceptante by the holder the~eof af~er any default in any payments hereon, shall be dcemed exter.sio~. A latc payment chatye of ~17 • 3O shall bt
added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added ~o each such inatallment remaining unpaid 7 days afttr
e~ch u?cceeding qyment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment p~oteat and notice of p~otest.for nonpayment, and furtFkr
agrey ro~ny extensan of tima of paymen?, eiti.er be!ore w after maturity, wi~hw,t notlce to any of us; and to pay all costs of collectiw+, indudln~ •
reason~ble attuney's f~e i~ tM avent of any default hereunde?, and hereby severally waives all benefit of homdtead and exemption under thi oo~tsfitvtion
and laws of each St~te of ths Ur+ifad States, as agsirm ~his obhga~ion o~ any ex~ens~on w~enewal hermf.
Witneu the hand aad ie~al of each party. ~kD OF TRUTH 2~LB~ INC.
r.ORPORATE SEAL AFFIXSD BY: S/ Travis L; Ro ers ~U
S/ Walter E. Davis, Trustee (Seal) Trust¢e-pres ding chairman
S. ?aul E. Lambert, ?YUStee
S' John 6. ~~cLeod, Trustee (Seal) S% Korbin R. Laiminqer, TYUSte~
t ~ 6 3•~ ~ Statt Revenw
IOW, THEREFORE, the MORTGAGOR for the purpo:e of sccv~ing payment of uid sum of s 42 ~ ~ OO - and ths performanca of tF»
cowrtsms snd ayr~ements hereinafter expressed, and for d~vers good and valu~ble co~siderations, by these prcsents, does grant, barq~in, ~ell, rsmise,
relcaae, conv~y and conf~rm unto the A10RTGAGEE, its iuccesso+• and auig~s, sll that cer~~in lot, piec~ a puul of t~nd, situ~te, (yirg, and b~iry in the
~ St. C.UC1Q and State o( Florida, describsd ~s follows:
Lot 30, RIVER OA~ ESTATES, as per plat thereof on file in Plat $ook
16, page 5, of the Public Records of St. Lucie County, Florida.
~ STA`T" E F ~ ~ F~; ~
~ ~ `
~~z ~70CUMENjAR'';6-::.:,~~TAM~' TA~ ~
~ ° ~Fp=• pi REYENUE • ` L.~
~=1~ y IN PAYMENT OF TAXES
"'r = M.At 12'7t; ~ s O O ~ RECfJYEA
' ~ ee. "~r. Q,:E Qs CUI~S 'C 1NTAlWISIE rERS011AL PpOPERiY,
~ o = ~ ~ i,-z ` ~ PURSWINT TO CFIAF'TER T1-13~. ACTS Of 1!
pOGEA POITIM3
' ClER1( q1~N[ 00lf1lf. ~T. !li~~D,, FtJ~
f -
f By agreement of Mortgagor and Mortgagee on f ile
j with N.ortgagee, the within mortgage sec~res not
~
~ oniy an existi~o indebtedness, but also ADVAiVC:BS
; to be HEREAETER made by tiiortgagee to :?Sortgagor
~ the aggregate of ivhich will equal the principal '
~ ar~ount specified in the proraissory note secured
her eby .
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~ ~ ~E . y 3 c~ ~,a . ~~c,,~~, - ~jU~/7
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~ toyether witF? all and sinyular the tenements, hercditaments and appurta~es tlx+cunto belonging or in anywise appertaininp fhtrero, and all rtnts, issws,
~ proceeds snd profits acvuing a~d to acuve from ssPd prcmises, sll of which sre i~luded in the above and foreyoirg dswiption snd h~b~ndum.
~ ?O HAVE AND JO HOLD the above .deuribed and gr~nted p.emises unto the ~aid MORTGAGEE, i» succeswrs and auipns fonver. Md th~ said ~
~ Sl1CCeS50rS
~ MORTGAGOJt fw 1 t S - hein, e:ecuton, ~dministrators and assigns, hereby covenanri with fhe said MORTGAGEE, its wasssors ~nd ~ssiprn,
? lt 1S
~ rhat - ~+rvfully seited of the said prcmises in fee simple; thst tFa tame src free, clea~ and discharged from sll liens and ~ncum-
~ lt l.t SUCCQ550 ~551~n g
b~+ntes in I~w w in equity. and tl~st - will and ~fn~i
~ w~rrant aAd d~fend the title to 1M same fo iFw ~afd
' MORTGAGEE, in sucussors and auigns, (orever ayainst the lawful clsNns and demands of all pe~son~;
~ PROVIDfD, ALWAYS lhat if the MORTGAGOR shall pay unto the MORTGAGEE tM promissory rate hereinbefote dewibed and thall trvly, promptly
_ ~nd fully perform, diuMrpe, execute, complete, comply with and ab~de by each and every the ~tipulations, agreements, conditior?s ~nd cove~?+nri of uid
~ promiiwry note ~~d of this Mortgaye, then this Mwtgage snd the Estate hereby ueated shall u+se ~nd be null and void.
' IT IS UNDERSTOOD thst the wwd "Matysgor" whether in tFx s~ngular or plural ~oywhere in this Mortyape, slull bs sinpvl~r if ww only u+d
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sMtl b~ plwd jointiy ~nd sever~lly if more than o~e, and that the word "their" ss used ~nywMre i~ this Morty~e thall be bk~n to m~u~ •'hia,•• •'Mn;'
~ ~ or "iri;' wher~ver the context w implies or admits. Alao, tMt wherever there is a reference in ~h. core~ann a~,d ay.ee~+.on he..~n oomain.d ro any of
f the p~rtiet he~eto, the iamt ahalt be constrved to mean si well as the heirs, 1e9a1 representatires, wccesson +nd ~ssipns (~ither voluntary by ~tt of tlw
~ ~ parties or fnvolunury by operarion of the Isw) of the same s~d that the covenanq herein contained shall bind ud tM be~sfit~ and ~dva~tapp {nu~~
~ to the respedive he'vs, Ip~l r~presentatives, iuccsuas and ass~gns of the p+rties hereto.
r Md said Nlort9syon, fw themselves a~d their hein. leyal representatives, succeswn snd aui~ns, Mreby jointly snd s~verally tov~~aM ~nd ~prk
~ to +nd with the iaid NIORTGAGEE, its successws and assigro: '
s-:
~ 1. To pay ~II and ~ingular th~ principal and interest snd the wrious and sur?dry sums of mone~ paybk by vinue of said promissory nots, ~nd thk
~ ~t monyapt, each and twry. p~ompNy on th~ dsys respectively the same teverally become due.
~ ~ 2. To pay ~II and ~irgvlx the taxet, ~tteisn+enn, levies, liabilities, obli9atian snd encumbrarxes of every r»tur~ and kind raw on said desuib~d
prop~rty, p that hsreaftK may be impo~ed, suffered, pi~ced, levied, or auessed thereon, w tl»t hereafta may be Isvied a asseusd ~pon ihis Allort¢
~ ap~, o~ t!w indebtedn~ss tecured hereby, esch ~nd every, when dve and payable, accordinp to I~w, b~fwe thsy becorrw delinqueM, and b~fa~ ~ny imer~p
~ •tt~ches a any ptr?alry is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMVTIY SATISfIED AND DISCHARGED OF
~ RECORO AND THE ORIGII3AL OFFICIAL DOCUMENT (St1CH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAlISfACT10N PAPER OFfIC1ALLY EN~ORSED
OR CERTIFIED) SHAII dE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN PAYS NEXi AFTER PAYMENT; and i~ the ~vent tMt ~ny ther~of b nW
~ paid, saYs(ied and dischsrged u:d MORTGAGEE may at any time pay the s~me or any part lixreof withovt waiving or sffectiny arryr optiott, (ien, ~qviry ot
~ •iqht under a by virtve of this mortgage and the full amounr oi each and every such pa~ment shall be immedietely due •nd payabk and shall bt~t intNqt
sram 1FK date tMreof until paid at rate of n~ne per cent~m per annum and topethcr w~th suth intere~t shall be secured by fl+e lien Of th:f mwqtspe.
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