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HomeMy WebLinkAbout0985 "1~ . . . 61~~ ~ ~souti~reast Bar~, tV.A. INDENTURE THIS IN~ENTURE mads ihis ? Rt day of t~ y . A.D. 19~.}.. BETWEEN John C. Ed~r and Shiela D. Edstar. his wife, Southeast Bank N.A. Fort Pierce hereinaher referred to ss Ovmer (whethe~ moro than one) an~ • :l' Downtown Banking Center hereinaher called the Mortgegee. WITNESSETH: That the said Owner, to secure en indebtedness payable to the Mortgagee. evidenced by a promisory note dated the ~ at daY of _tLl ~ . 19~83_, in the principal amount of , fi?4,~~6-72 and eny renewbts, rttodific~tions or extensions thereof, hereby mortgages to :he said - Mortgagee, and its assigns forr,rer, the folbwing property in the County of Sr ~ T~~r ~ p State of Florida: Lot ~ of Block ~t of the Public Records of CQUnty. Florida. See attached for legal description. ~y~03G-/~ ReceNed •a M ~ayment Of T~xes . Due On Gass "C' ?n~an_;i;; s?e: s~oa1 Pfope~•Y. Pursuan: io L'hap:er 7i, 13•:, Acts Qf 19)1. RUGER F'JIT2.4S ~ Owner shall pay the aforesaid note and shall comply with each af its covenants ~iie~'~N'ei~o~~tsSi# f11~li~64tg~~b. Pay all taxes which m~y accrue on said property, keep the premises insured against all risks of property damage. including flood insurance at full insurable value and pay all costs and expenses of co~ction,.including a reasonable attomey's fee, whether incurred at pretrial, trial e~ appell~te proceedings. at othen~rise. Owner will not without the prior written consent of the Mortgagee. agrew to sell or transfer, or sefl or transfer, the above das~ri~ property. Upan breach of any of the provisions of the note or of this mortgage or of any superior ar inferior mongage or security instrument encumberirg the property. Mortgagee may declare the entire ciutsta~xling inde~teciness immsdiately due and r~ayable. Any sum or sums which may be loened or advanced by the Mortgagee tc the Owner at ~ny time within tw~nty (20D Years from the date of this In~enture, together with interast thereot~ st the rate agreed upon at tha time of such loan or advance. shall be squally secvred with a~d ~a~e the same prio~ity es the original indebtedness and be subject to all the terms and provisions of this Inde~:ure; provided, thet the aggregate amount of prirn:ipal outsianding at any dme s~ail not exceed 24.036.12 or if the preceding blank is not completed, then ~n amount equal to one hundreri and fihy per cent (15096) of the prin~ipal amount originelly secured hereby shall apply. IN WITNESS WHEREOF, the said Owner has h~reunto set his hand and 3eai the day ancJ year first above written. ~ Signed, sealed and delivered . ' in the presenca of: Q / . . ~ c (SEAl.) - John C. Edgar ; l. _ ~ ,5~,~?u ~ j iela D. Edgar ~ ~ STATE OF FLf1RIDA 1 ~E St. 1 SS. COUNTY OF 1 i , E The fora¢oin~ inswment was ~cknowladged before me this lst day of July , : , , . , ~ .~~~~'~3•.~y; ~ e E n E . , . ; ' ~ _ ~ i ' ~ . , • ~ ? ~ < , :}?F~tX,P1~7ARY ~EA~~~ . y - = ' " ~ - ' • ry Public ' ; _ , : ' ` ~ - ' j~ ` r • ~MD'fARY PUBLIC STATE OF FCONDA ; j t-., My ~ommi expire~K CO?~. ExPiRES FE6 2 1987~, ~ ~ J- -.-t~'~ ; : H{,, j:c:`. s:u ~Ct~DEv '~~RatJCE lA~y. ` r. , 7 : E: . ~ This document t?es been prepared by: ~ (NAME) ~~erstie E. Mandel_ _ (ADDAESS) p.~. ~x 970 _ _ . ICITY de STATEI Rt , Pi Wrr_op Fla 33454 SIL-733 (Si~2) R106o-42-4a0 a~~ ~R71A1