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HomeMy WebLinkAbout0221 ~ ~ ~ ' `1~~~~ ~ i TriiS iNDENTURE, Made the ath day of ~~ay - A.D. 19 7~ , betwean Nac] fl ~torAX an i.1~l~u~t1~1. ~torar~ 1S W P. z'3 ~ ' ,'~t of St • LUC~6' County Florida, herainatfer deiignatcd as the "MORiGAGOR;' a~d FIRST ;EDERAI SAViNGS RND IOAN ASSOCIATIC~N OF FORT PIERCE, a corporation wgani:ed end exi~sing ~nder Iha laws of~ tha United 51~I~s of Amarica ~n~+ having its p~incipal Nlace of , bwinsss In the Ciry of fort Pierc~, St. l~cie CuuMy, Florida, hereinafler de~ig ~eted as tT,o "MORTGAGEE:' , ~ • ! WHEREAS ihe A~10RTGAGOi. ~s J,:itly Indebted lu the MORTGAGFE in ihe svm of ~ 2~ yood 8n~ lewful money of the Unitad . ' . Slates advanced by tha MOR?GAG?f unta tha tiAORTGAGOR, as evidanced by a certa~~ prpmi~sorv nnta vl even data herewith, of which the following fn , ~ words and figuro: ii a ~rue copy, to-rr:h ' . ~ 24, 800.00 : , , ~ 13000036 ~ fort Pierce.` florida, '~1 a y;~ 19 '7 5 Fa value receivect, 1, we or either of ~s, promise to pay, witho~t oefalca~ion, ~o tho order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORi PIERC: al Forf Pierce, Florida, the svm of S-?~S ~Q ~ Q~ wiih inferest from date af ihe rafe of 7~ per annv.n, in monlhly ~nitall- men~s as fol!ows: S2O4 on Ifio 2Oth day c,f June 7S and a like svm on the correspo~ding day of each month there- _ a(ter until the whole be fu~ly paid. fach instaliment fint shnil be applied in payment of the interest and then o:i the unpafd ba~~:nce of the pri~cipal tum. !f default is med+e in ihe . • payment of any ins±allm.ent when~dus, and such default coniinues 30 deys, t~en at tha option of tha holder, ard without any ofhet nolice, ali the remaining installmero~ shall be due and payable at once. Privilege is given b.propay this noto in wnole or in part at any fimR withc~~t penalty. Neithar totebeanote, ~ hor acceptant• by ths hotder thereof aftrr any dafauft in ar~y payments E~ereon, st~~lt b~ deemed extension. A late paymeM charge of S-=~-YShall be _ _ added to each insi~limenf romaining u~aaid 7~ays af~er its d~~e date, and e like sum shall lx added to each svch i~stattment remaining unpaid 7 dsyi aftet ~ each iucceecli~g payment date. ~ Each maker, surety and endorser hereof, joi~tly and severally, waives domand, presentment prolest and nofice of pro:est for nonpayment, a~d furtFer agrees to any exfension of time of payment, either before ar atter maturity, without no!!ce to any of vs; and to pay all tosfs of collection, including a reasonable atromey's fee in the event of any defa~ft here•~nder, and herei~y teverally viaives all benefif of Swmestead and exemption undet the conitifvtTon and laws of each ~tate of the Unitrd States, as aga~mt this obl~gation or any eztensian or renewal her~of. - _ Wimess the hand and ~Eal of cach pa,ty. - - . , t-a S~ T'agin ;~tarar ~sfA~) - i - - t5E/?t) - `s 13 a en . orar ~ - ts~?t) , - ~ _ _ } ' 'L"~" . csEau : ~ _ ~37 ~ 20 ~tate fievenue - ~5~arnpi-~eneelle~Yanro~cginet twirdt . - _ NG'AF, THERcfOR:,, the MORTGAGt3R for ~he purpose of setvring payment of said sum of ~ eQ0 ,~nd the petformence of tM covenanls and agreements hereinaiter expressed, and for divers good and valuable_, tonsidaretions, by tfiose preset~ts, doei grant, bargain, sell, remise, release, conve and confirrp unto the MORiGAGEE, its successors ar~d assig~;, all that certain lot, piece ot p~rcel of land, siiuate, lyin9, and bein9 in the . Counry of ~t • I'uCl@ - and Stete of fbrida, des:ribed at fallo~: - ~ ~ ~o~ sT . ~rc ~ - 7C~3 ~ C~ ~ _ 'Lat 12, I31ock 3223~,/~LORESTA PINES, tTvIT 2~ ~D ~record~d in _ ~ ~ Plat Book 16~ Page ~7~ of the public rQC:ords of St. Lucie County~ - rYorida ~ _ ~ . • - . ~ . . _ . . . . . _ . . _ _ _ : . . - ~ ~ - , o . - ~ -.ST~'-1~ ~ cJr FLC7f'{!~-,~ ~ . ~ , ' Qz t)G~UM~N7AR rfi~:;~ ~~,,~vl ~ T!. ~ . ~ - nz~~ UF NcYE1~UE <t° • ts ~ ~ . ~ oo ~ _ 1~- : . - c; z ~ - K~ P8. ~ ~.~Y35'1i ~ ~ . _ _ _ _ .-.~~f~~ ~,.7, . - ' ~ n ~ ^ ~f~~>. ~'~~~..~~c~~.~ - '-t- ~ ' - . ' - i - . . . . ~ . . . _ - , - ~ ..r.... " ~ " , _ • ~ ~ ~ ~ - - ~yy.. ~ . . . . . _ . ryC ~ . - ~ - . ~ 'iC' tIl?T _ _ ~RSl1ANT t0 CH,ap*E~~ ~~~.i p~PERtY, - - ' - ~ER ~~~~S Of 19!t.~~~ - - CLERK CIRCfJIT CUURT S! CuC~E Cp,. F(A. 6 - . . ~ ~ 1 togelher with zll and singular the ter.ements, hereditaments and appurtartces thereunto betonging or irt anywise appertaining therelo, and all rent~, issues, _ ~ proceeds and proiits atauing and to acuue from said premises, all of wh~ch are intluded in the above and :ort9oin~ ci~wiption and habendum. ° " TO HAVE AND TO Ii01.~ the above described and granted premises unto the said HVORTGAGEE, itf svcceut+rs.and auigns forever. And t}k ssSd ~ -thexr r _ t~VORTGAGOR far heirs, executors, administrators and aisigns, hrreby covtnanis with the ssid iYIORTGA~iEE, iri succtswn ~nd assiQr~, the~---aYe - lawiuil eeized of t}r_ wid remises in fee si le; that the ssrr.e are frea, dest ind dixha from •II Ikm and Mac o- that y p I~P ~9~ ? brances ?n law or in equity, and tbat___._~hey wil! and thelr hein iha3i warrant and deferr! the title to the same to th~ tdd ~ MORTGAGEE, it: svccesiors aod assigns, foraw_t sgaEnst the lawfvl daimi and demands of sll pers~ns; - - _ PROVIDED, ALYrAYS that if the NEORTGAG~R shall pay unta the MORTGAGEf the promii~ory note hereinbefore destribed ~nd s'nall truly, Fromptly - a;?d fully perForm, d~icharge, execvte, ca.nplete, t~mply with and ab;ds 6y each and e+ery the stipulations, yreammts, Eon~itiz+r!~ ar~ sovt~+snts of said promissory nole and of !his Mortgage, then thii N?wigage arrj !he Estate hereby created shat! ccase and be rwll +nd roid. _ ~°d !i IS UNDER570nC that thr word "1/4origagor" whether in tha- s:ng~lar _or plvral ~nywfiere In thEs Mortgaye, shall ~e :irgvlar if one ooly snd ~S~p shall be plvrEl joinNy and severally if mare than one, ~nd that 1he we:d "their" ss_u~ed anywfiero f~ tk~s A'.ortp+ye shali be taken to mem "his," "i~en;' ~~,,p w'its;' rrnerever tF?e cantext so implief or rdmits. Also, that ;~vherevcr there is ~ referente in the cavenann and ayreemenq herein cor?t~ined to ~ny of l~/ the partie~ h6reto, the sarrx sfial! be conatruec+ to mesn ss well si the hein, :eyal rtpresenrativet, s~cceuws snd _auiyr?s (either voluntar, by ate of tM asrties or in•rolvnlary by operat~on of Ihe law) of tne ssrtx ar.d that the covenants herein cont~ined sh,::! bir~ snd tM benefiri and dvm2aQes tnure to the rxspeclire heirs, IeQal represrntatives, succeuors and ass~gns of the psrt:es hereto.. And said Mwtgegors, for thcros~~ves nnd the'u h_;n, Irgal reprcuntstives, avcccsxrs and auiyn~, hercby pintly and ~va~lly covsn~rst and s~roe ~ ro and with the iaid MORTGAGtE, its svccessors and assigns: . : 1. 7o pay +1) and singolar ttx prirxipal and ~~terc~t and the vsrea.rs end svndry svm~ of money-payabte by virtue of said p?om:uory note, a~ t?~is - mert9~ye, each and every, promptly ~ t}?e dsys respetlively the same xverally betome d~e.. _ 2. ?o psy all and singyiar she ta:rs, sssessn?ents, {evies, iiabilities, obliyations snd sncvrr.Manca of every natur~ and kind now on said ds~cri~d property, or tMt hrreafqer may be imposed, wffaed, pl~ted, leviad, or sssessed thersan, w thst heretfter may br kvied or icteaed upon tha Mortg- rge, or t}k~ indebtrd~ess secvred hereby, esch snd every, when dw snd p~ayeble, stcordiry to law, bofas they becam~. dtlenquEr~t, sed befor~ ~.~r hit~t~st - auaches o; my penalry is incvtred; AND INSOFAR AS ANY THEREa' IS Of RECORC TH@ SAME SHAI! BE PROMPTLY SATISf1ED ANO DlSCFlARGfD OF RECOR~ AN~ THE ORIGINAI OFFICIAL iXKUMEfVT (SUCH AS, Fc~.k INSTAtJCe, TH; TAX RECE!?T OR TIIE SATISfACTION PAPER 4fFlCI',~1.1Y ~NDCNtSED OR CERTIf1E0) SHAtI BE PlACEO IN ?HE HANDS OF SAID MORTGAGEE WITHIN 1EN UAYS NEXT AFTER PAYMENT; ard in the avent that any thereof ia nof paed, s.st'sf:ed snd dischargcd sa:d MORTGAGEE may at any time pay the same ot any part thereof wi:hQUt weiving cr affectiny any option, Ikn, eqviiy or ~rQht un~N w by virf~e of this mortgage and the full ama:it of erch and every svch paymeni shsll be :mrr:tdiately dve snd parabk and shall bNr )aterest f; ~rom the datt thereof vnti) pa:d at rate of nine pe? centum per ar.nym snd !ogether w~th svsb inlercst ~hall be sec~r:rd by the lien of th:s rt?oryT~ys. J