HomeMy WebLinkAbout0557 ~ ~
309~~~
TNIS INDENTURE, hiada the 2nd ;lay of ~t~lAlier ~~.._1-_- , A.O. 19_?5 bet~o-zn
T GEQr1e W. Long_and Glenda~Ci_-Long_,__t~i5;irife
~ ~
of St • LUCle , Ctunty fiorlda, hereinalfer designated as iha "htORTGAGOR," and FIRST fEDERAI SAVINGS AND LOAN i
ASSOCIATIOIv Of fORT PIERCE,'a corpor~l~on organi:ed and ezisting unde: Ihe la•xs of Ihe Un~ted 5latas o( America end having !ts principal piace of
businait fn the City of Fort Pierce, St. lucia County, Florida, hereinafter designaied as tho "MORTGAGEE:' ~
YIHEREAS the hiORTGAGOR is justf ~ indebted to tha h10RTG/1GEE in ~tho sum of S 26 , good and lawful money ot ths United
Slates advanted by the 1AOfcTGAGEE ~nto thz MC+RTGAGQR, as evidenceJ by a cer~aln promissory nota o1 even date herawith, of whi;h Ihe lotiowin~ in
words nnd ligures is a true copy, tawit:
~ 26,000 .00 ~0 14021377
Fort Pierce, Florida, 'JUnQ 2 19 75
For vatua received, 1, ~ve or eilh:r of us, pronuse to pay, without de~a!cation, +o ~he order of FIRST FECERAI SAVINGS At~D IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of S 26 i000•~ -.v;t'r, ;n!crest frorn date at the rate of 8• 7So pcr annvm, in monthly i~sijll- ~
ments as fol!ows: S_214!~ ' on lh.e ?~~hday ef S~tel~er . 19_ 75 and a like wm on the conesponding day of each month there-
after un:i! tne whole be tully paid. '
Eath insta!Iment fint shrll be applied in payment of the intereil and then en the unpaid balancr oF the principal sum. If default fs made In tha
paymeM of any install~ne~~t when due, and such defavit continvex 30 days, then at the opl~on of the holde:, and ~vithout any other nofite, all the temaining
ins~allmenfs shatl be Jue a~d payab!e a? once. Priviteye is glr•en to prepay this ~ote in whole or in parf at any time wi~hout penalty. Neithet torebearante,
nor acceptance by the twldFr thereof alter any default in ar.y payment~ hrreon, sh311 be deemed extension. A late payment tharge of ~ 1O ~ 70 shall ba ~
added to each ins~altr.~ent rema~ning ~npaid 7 da~s nfter its due datr, and a f1.e sv~n shall bc adde:! fo each s~ch installment remaining ur~paid 7 days affer
each succeeding payment date.
Eath maker, surety and endarser hereof, jcintly and ssverally, v,•ai~•es demand, presenlment protest and notice af ?rotest fot nonpayment, and further
• agrees to any extens~o~ of timc oi paymenr, ~ither betoro or after maturity, without notice ta any of us; ar.'d to pa~y all costs of collection, includ;ng a
reasonable attor~ey's-fee in the even~ af any deiauh ileraund~r, and hereby seti•erally waives all bene(it of homestead and exemption u~der the constitution ~
and laws of each State cf the Un~ted States, as against this obfgatlon or any extension or rer.evral h~reof. -
Witnes~ ihe hand and seal of each party. i; ~ ~
~1~~ ~ j~ r : ' ~ ~ ~~eorge W. Ori4 ' fSEAI) ~
_ _ ~ ~ ~SEAI)
. . • . .
. _ _ ~`i~ ~ c~ (SEAI)
- ' (SEAI)
( S ~9 • ~ ..-l State Revenua ' • "
{6tenf~seanee4tedi+n~ong*neFnafe) - - -
• NOW, THEREFORE, the MORTGAGOR for -the purrwse of sec~ring payme~f of said sum of S 26 ~ OOO . ~0 and ffie performancc of the -
covenanta and agreements hereinafter expressed, and for divers go~d and valuable cons+derations, by theso prosents, dces gront, bargain, sell, rem;se, ~
release, fcnvey ar.d confirm unto the ~ti'IC~RiGAGEE, its successors and assigns, aSl lhat certain 101, piece or parcel of land, situate, lying, and being in the
St. Lucie
Counry oE ar~d Sta?e of Horida, deuriba~ ps follows: ~
:
_ ~ ~G a-- {~~G g- ~ r - C~~•c.% s" ~
-Lot- 45, Block 51, INDIAN RIVER ~iSTATFS, LiNIT 7, as per plat ther~2of recorded
in Plat Book 10, page 75, public records of St. Lucie County, Flocida, ~
_ - ~
. . . .
t~- S~A~~C ~LC~RiCD:A.~ _ ~ .
~L ~ pOCUMENTARY.~:~-; ;~STKMP rnx ~ - ~
'c-, UEPT. Ui F.~YEtiJ~ ` . _ ~ . ~
~V m _ ~4 3 o a ~ - ~ .
-cn . ~ ~ ~ Jti:1 ~ I ~ ~ 1, . . ~ .
~ - M P.B: . . 1-~~~ ~ - } .
- - ~i!':j E " ~
. . . : . _ . ~
~
- - - _ - , ~,v2 -OD itt ~Exr a~ TaxFS : `
- - - RECEIYFD ~
~ DUE OH CIASS 'C INTANGi8lE !'ERSONAI PRQPERTYt c! ~ -
- ~j ~
~ PURSUAi'~ TU CHAPTER 7l•134, I1CiS OF 19/1. ~ _
' ROGER PORRl~
_ r ~
C[ERK CIRCUIT COJR?, SL ~il~i~ F~
-
~
- ~
_ ~
-
. ~
together with ai! and singular the tenements, hered;tame~ti and appurlances fhereunto belortging or in anywise appertaining thertto, and all rents, issves, ~
i 3
proceeds and profits accruing and ~o accrue from said premises, all of which are included in the abovt arrd foregoing desc~ipt.on and habend~m. .
~ Tn HAVE AND TQ HQLD the above described and granted premiaes unto the said MORTGAGEE, its suc~essors and assigns forever. Md 1F?e seid
MORTGA_GOR for tllClr heirs, exec~tors, administrators anc! assigns, hrreb~ =_over.ants with the said MORTGAGEE, iti s~ccessort and assiyro,
I ~ they are _ - - _ -
ihat - lawf~ity s-izrd oir the said premiae: in fee simple; that the same are free, clear and discharged from all lient and encurtr
I _ brences in law or in equity, and that theY v,.;ll and their hein ~hall warrant and delend thc title ta the same to the sai~
- MORTGAGEE, its suctessors ar~d ass~gns, fc+rever agair.st the la~vful daims and dema~ds oF all persons;
PROVIDED, ALWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the pranissory note hereinbefore detcribed and it:all fr~ly, Fromptly
and f~!ly perform, d~scharge, execute, campiete, comply with and ab~de by eash and every the :tipvlations, agreements, conditions and covenants of said _
promissory note artd of this Mortgage, ihen this hAortgage and !he Estate hereby creafed shaN ceax and be null and void. _
IT IS UNUERSTOOD ihat ihe word "Mortgagor" viheihe? in the singular or pl~ra) anywhere in this Morlgage, shall be singvlar if cne orily and ~d
a{aalt be p9urol jointly and severally if more than one, and that the word "the~r" as used anywhere in this Mongage sha11 6e taken to mean "his," "her~" ~*7 .
or "its;' wherever the context so i~nplies cr admits_ Also, that wherever there is a reference in the covena~tt and agreements herein contnined fo •ny of
the parties hereso, the same shnll be construed to msan as well as the hei?s, legal representatives, succesaon and assigns (either voluntary by act of the - ~
parties or invo~untary by operation of ihe law) of the same anrl that ihe covenants herein contained shall bind and the benefits and advantrges irsure ~
ta the respestive heirs, legal representatives, wccessors and nsx~gns of the parties hereto. _
And said 11~lo:tgagors, for themselves and their heirs, legal ~epresentatives, s~ccessos• snd assigni, he;eby jointly and severolly covenant snd syree
to and with th~ said MORTGAGEE, its successws and ass~gns: "
1. To pay a!1 and singular the principal and interost and Ihe various and sundry svms of money payable by virtve of said promissory note, and this
mortgagP, each and every, promptly on tne days rexpectively the same severally becom~: due. ~ ~ " - ~
2. To pay all and ~i~gular she taxes, assessme~ts, levies, liabilities, obligatiuns and encvmbrarxes of every nature and kind ncw an said dewilxd ~
property, or thal hereafser may be ~mposed, sufie~ed, placed, levied, or assessed thereon, or that hereaftar may be levied or asietsed upon tfiis Mozt~- ~ i
age, os the indebtedness secvred heteby, eath and every, when due and payable, eccording to law, Eefore tfiey btcomt dtlinquent, snd before sny interat '°d
attach<_s or sny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTLY SATISf1E0 AND Q15CHARGED OF
RECORD ANU iHE ORIGINAL OFFICIAL DOCUMEhT rSUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P4PER OFfICIALLY ENDORSED
O~ CfRtIflfD) SHAII BE PIACED IN Tl~E HANOS Of SAID MORTGAGEE Y1ITHIN TEN DAYS NEXi AfT:R PP_YMENT; and in the event that a~y thereof is not
paid, s~t sf~ed and discharged sa'~ 1.10RiGAGEE may a: any time pay Ihe same or any part thereof without waiving or affectir.g a~y option, lien, tquity os
•iqht vnder or by virtve of this rnortga~e a~d the fult amovnt of each and every such payment shall be immediately due ar,d payable and shafl bx~r interett
~rom the date the~eof vntil paid ar rate of nine Fer centum per annum and togsther w~th such intereit ~hall be-secvred by the lien of th:s morgta~e.