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HomeMy WebLinkAbout0066 ~~vv TNIS INDENTURE, th i3 da f JV ly p, ~y??b. Nn ~oy ew o ar~~~ e e e ew o , ae e ew ol~ ~ t1~s, wi~e of L. 1~1C1Q ~~~N fiorida, MtNndfp dpiynated ti+~ "MORTGAGOR;' uiQ fIRST fEDERAI SAVINGS AN~ IOAN ASSOCIATION OF fORT PIERCE. a,corpora~:fln ay~niied ~~d ~~iitinp u~d~. th~ lavw oi tM Un~i~d S~~i~~ of M~riu and iwvinp It~ principal pl~u of M+w~a~ M th~ C1ty of Fort Pi~rc~, S~. l~ca Co~nry, florld~, Mr~inafrK d.s~yn.~.d ~s ~M "MORiGAGEE:' • ' WHEREAS th~ MORTGAGOR b iustly ind~bt~d b tF» MORTGAGEE in the ~um of = 11 ~~O. ~0 „ Q~ ~nd I~wful money ~oi ~h~ Un~ted Statq ~dv~r?c~d by 1M MORTGAGEE unro th~ MORTGAGOR, as evid~nced by • certam prom~ssay not~ of even da?e Mr~with, pf which tM followinp In word~ u~d fipwN b~ trw oopy. Io-wit: v s 11,000.00 ~ 01-23014432 iort Pie~ce, florid~. JV 1~L 1~ 1q~2 fw value r~caved, 1, we, er either of us, promiu to pay, wi~hout deialcstio~, to the orde~ of FIRST FEDERAL SAVINGS AN~ IOAN ASSOCIATION OF fORT PIERCE et Forf Pierce, Flaida, the wm of =__l l..i_~~~• Q~ w;th interest from d~te ~t th~ raro of 75 % ptr +nnum, in ,.wl~fiuy n~si.inuc~~is .s ~w~....;: j__ Afl N.~, iiw ivii~ .i~. iYi ----.~E~o+wi•~L'___ 1s i'•t:~ s::ii iuc~1 ~i:: rhe cwrespondiny day ol each month ~hereaft~v until ths whole be fully paid. E~ch inuallment tirst shall be applied in payment of the interest ard Ihe~ on ths unpaid balarxe oi the princip~l sum. If default ii made ~n ths p+ymeM of any ir?tt~Umenl when due, and ~~,ch deiauU continws 30 days, then af tM option oi the hold~r, and withoW aoy otF~r notice. all the ramaining ir?it~llments ahall be dus ~nd payable at once. Privileye it yivtn to prcpay this note in whole a in pa?t at ~ny tim~ without penalty. Na~hK f«beu~ncs, nw acceptance by the holder thereof •ha any d~fault in •ny paymcnt hereon, shall b~ de~med exteniion. A late paymeM tMr9e of =5. SO thall be assessed ths 26th day ot the moNh. if a rcgular buiines~ day. w. ii nw a nyula~ businets day, , ~hen the r?~xt busir?eu day. on e+ch monthly in~tallment no~ tMn ~~ceived. - ~ Each maker, wrety and e~dorsen c~reof, joimly and iew~ally. waives demand. presentment protest and notice of protest (a nonpayme~?, ~nd further agrees to any e:tension of time of payment, slthe~ be(ae or ~fter matu:iry, wirhout notice to any of w; and to p~y al) costs of colkction, includirp a reawr+abk anornsy i fee in the event of sny det~uit hereur+dcr, and hereby severally w~ives all bene(it of homestead and exemption under ehe constitution and laws of each Sut~ of tM Uni~ed Sutes, as ag~init this obligatwn or a~y exte~sion or renewal hereof. • ~ s.LFioya Newbold ~~A~~ St~t~ documenrar ieamps ~n ~hs amounr S/ Mae Belle Newbolc'_ AKA Map ~q~~ = 16 . S~ ar~ Be 1 ] _ _~~C~Old - (SE~?tT affia~d b th~ mwtyaq~ t~cur~d Mr~by. ~q~~ NOSN, THEREFORE, the MORTGAGOR for the purpos~ of securirg p~yment of s~id sum of = 11~~~~-~0 , aod tM pMformux~ of tlw coverNnb a~d apreements Mrtinaftar ~xpressed, ~nd ~or diven ~ood ~nd valuable coniiderations, by thes~ p~esentl, do~s prant, bup~M, s~ll, remise, rele~H, tonwy a+d tonl't uNo C N10RTGAGEE, iti tuccessws and aui9ns, all tMt ceruin bt, piace w puosl of land, situat~, lyirg, and b~inp in tM ~~ry ~ S LLl and State of Florida, dewibed ~s follows: Lot 9, Block 10 of SUNNY ACRES SUBDIVISION, according to a plat thereof recorded in Plat Book 8, page 25, of the public records of St. Luci.e County, Florida By agreement of Mortgagor anc2 Mortgagee on file with Mortgagee, the within mortgage secures not only an ex- isting indebtedness, but also ADVANCES to be HEREAF?ER made by Mortgagee to Mortgagor the aggregate of which wiil equal the principal amount specified in the pro- ~ - ! missory note secured hereby. ~ I 0 M~~ pf TI?~= ~ . ` v S T ~ ~ 'r= L ~ r? ! : : . t s o a ~;.r. s , - ~ C'.iC_vi~i~Nt~nY ~ ~,~,_Iv1 r , ~C1AS=Tr w'• ~1S ~ ~~L _ ~ i ~ ~ i.__ c.i s ~EYE .Jc .,.~`l ` ' ' ~ F Y~~ ~ 1 ~ ' .~#'~f;i ~ 1 8. 5~ 1 . u?aE co - ~f • n ' _ ~~i~ . `_a ~a I ~LE111~ r. - _ • ~ - ~ - - fogerh~r with ~II ud sinpul~r the t~nernenb. Mrediramenq and appu.tances th~rew~ro belaging a in ~mwis~ app~rtal~inp N~arNo, and all r~nts, isswa, proceeds ~nd profits acvuinp and to accnre from said premises. •II of which are included in tM ~bov~ and fwpoirg dacrtption ~nd habendum. TO HAVE AND TO HOLD tFw ~bove describ~d and y~anted premises unto the said h10RTGAGEE, in wae~~ws and usip~ forevu. Md th~ s~id MORTGA fw t he i r ~;n, executors, adrrunistraton and usigns, Fwreby cownanb with ths said MORTGAGEE, ib woceswn a~d ~uipns, ,h.r ~heyare_ (.wfo~~ .ei:ed ot rh. s.id Y premi~ in fee simple: that tM same are frN, ckar and disch+ryed from all li~ns and ~narrR brances in I~w a in eq~ity..r~d ti,a~-~he~_ will and -thier hein shdl wrrant snd ddend th~ titb to th~ ~artr to tbt said s MORTGAGEE. iri tucusswi and aupra. forever ayairot th~ lawful cl~ims and demsnd~ of all peiwro; PROVIDED, AlWAYS that if th~ MORTGAGOR sh~ll p~y unto the MORTGAGEE tM promi~wry not~ h~r~inbtfon d~wib~t! ~nd aMll t?uly, promptly and fully p~rform, disch~~y~, ~xKUte, compl~te, tornply with and abid~ by ~ach and every tht sfipulations, pre«n•nn, conditions uid ooven~nb of Nid prom~ssory not~ and of this Mortyape, then this Mort~aye and tM Estat~ her~by aea~ed shall ua~ ~e~d b~ nult and void. Wo iT IS UNDERSTOOD tl+~t th~ word "Morty~pa" wMther in tM •ingubr w plw~l anywha~e ie this Mortyape, shall b~ sinpul~? if on~ only and g ~ shall b~ plwal ~ointly ~nd Kverdly if more th~n one, aod that the word "their" ~s used ~nywhsre in 1ha Mortya~ sh~ll be t~kan to m~an "his,•• •'F~~;• a ~ a. "irs;' wh~rwer th~ cont~xt w implies w sdmin, Abo, that wherever there a a roferenc~ in the covenan» ~nd preemtnb h~rtin co(?bin~d to any of ~ ~ ~ ~he partiq Mre% tM s~rtit shsll b~ caatrued to mtan p well ~s the heirs, kyal representatives, sucuswrs u~d ~aiyns (~ithaf volunt~ry b~r ad of tM ~ : F part~es a Inroluntary by opention o~ the I~w) of the same ~nd that the covenanb herein contained ~1! bind •nd rhe bsnefin ud .dvanry.s Mw~ ~ i ~o ~M r~ip~ctiw Min, by+l ~epres~ntativcs. ~ucceswn s?~d ~u~9ns of tht parties Mrefo. Md said Matypas, for themselves and their hein. Icyal repr~senatives, succeswn and auiym, hereby jointty ~~d wwrally oov~narM and apr~t ' & ~o •nd with fbt said MORTGAGEE, ib suctesson ~nd ~uip~s: ~ ~ 1. To pay ~I) and siny~lar tM principal ~nd int~rest and tFK vsrian and sundry wms of monsy paY~bl~ by virtw of said promiuory not~, u~d thi~ ~ marrflaq~. ~sd~ and w~ry. ppnptly on th~ days r~spectively tiN same sevtr~lly becorn~ dw. 2. To pay ~II and sigvl~ fM taxN, assesamenb. I~vie~, li~biliei~s, oblip~Yam and encumbranc~s of ~wry natw~ and kind now on uid dncrib~d ~ ~ P~~~Y, a that her~aher m~y b~ impa~d, wffs+~. P~~nd, kvied, a~a~ssed tMreon, w tMt her~~hsr may b~ Iwwd or ~ueswd upa~ N~is Map- a9e. a th~ M~d~b~~dness secwed hereby. ~acl~ ~nd wery, wMn dw a~d payable, accadirg to I~w, b~fw~ th~y becpn~ d~lwpwnt, a~d b~for~ a~ry M+t~~t1 ; aneches or ~n I t y pena ty a inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAII 6E PRONIP?lY SATISFIED AN~ DISCf1ARGE0 Of - ~ RECORD AND THE ORIGINAI OFfICIAL ppCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT QR THE SATtSFACTION PAPER OfFICtAIIY ENOORSED OR CERTIFIE~) SHALL dE VUCED IN 1HE HANDS Of SAID MGRTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in fhe ~wnt that ~ny thNtof i~ nw pr~d, s~t"afied and dischu~d ~a:d NIORiGAGEE may ~t ~ny Ume pay tM s~ a~ny pan tF~ereof withow waivinp a~ffectinp ~ny option. Ihn, pviry ar ~ •~~h~ und~r w by virtw of this mortya9e ~nd ~FK full amovm of exh and every such payment shall be irtuncdiafely dw ~~d payabl~ u+d ~hall b~ar int~rat - ~~om rFw d~tt the~~of until paid at rate of nir» per ceotum per annum and to9ether w;th svch intere~t ~hall be sec~red by tht li~n of th'~ morytpe. _ .:.,~ry 3,, ~ _~'y ._'µi _L