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HomeMy WebLinkAbout1538 _ . _ _ . . _ _ . . . - ~ ~ . ~~.~4~ ~ ~ ~ TNlS INDENTURE, hlade thr 4th day qf `T~e _~~_T~ A.D. 19_?S, betwcen ~ : ' Leonard L. Robey__and Bthel B. Ro~ey~ his ~fe + ^ , of $t • LuC~e Counry Floridn, hereina(ter dtiiynated as the "MORTGA OR;' and FIRST .FEDEPAL SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE, e corporat~on organizcd ?nd exis?ing und.. ~hs lativs of the I~~~ted SlatQS of America and having its prlnctpal place of busintss in the City of Forf Pierce, St. lucie Covnty, Flarida, heraina(tar designated as the "MORTG~.GEE:' ' WHEREAS the MORTGAGOR is juetly indebted to tho A50RTGAGEE in ihQ sum of 5--?-~2-a-~QO ~ OO , qood and la.vful money of the United ; State3 advarceJ by the MORiGAGEE unto ~he 6tnRTCRGJR, a; e.Eua~ce~i Ly a ce~ia~n prornissory ~oie oi even date herewith, oi ~vh;ch ine foiiowin~ in worci~ and "tigures is a?ruo copy, to-wit: ~ 26,100.00 Ho 10021363 ~ ; fort Pierce. Florida. `J~e 4 lg ,75 # For value received, I, ~.•e or ei~hzr of us, promise to pay, wiihout defa~cation, to Ihe order of PIRST FEOERAI SAVINGS AnD IOAN ASSOCIATION OF FORT PIERCE al Fort Pierce, Floricla, the svm of S-Z6-i1O0e~~ ~v~th interest tro~.• date al fhe rate of 8~7S,o per annvm, tn monthly install-~ i menis as follows: 5231 on the2Oth_ da of Se~tember_, t9?S_ a~d a tike sum on tha co~res Y pond~ng day of eacfi month lhera- . i affer un?il Ihe who'a be fulty paid. ' - - i Each ensrallment fi~st shall be appl;ed in payment cf ihe inleresf and then or tl~e unp~id balance of tlie p~incipal sum. If d:fault (s made in fhe ' payment of any installmrnt when ~ue, and svch default continues 30 days, then af thp opteen of the holder, and without any other notice, all the remaining _ j installmanb shall be duc and payab!A at o+:te. Privi!e3a i~ giYen to Fr_pay Ihis mte in whole or in parl at any time wi~houl penatty. Neither forebenrance, • no~ acceptance by the hofder thereof a(ter any defaull in any payments hereon, shat! be deemed extension. A~ate payment charge of S 11 ~ 5~ sne~i be ~ addzd to each installment remaini~~ unpa,d ? days after its due date, and a like svr.i shall be added lo each wth installmeM remaining unpaid 7 days after each succeeding payment date. - Each maker, surely and endcrser hereof, jointly and severally, vraives demand, µ~esentmen! prolest and rotite of p:otes: for nonpayment, and f~rther agrees to a~y ex~erts+an of lima of pa~menf, eithe: 6elore or aflrr m~turity, v.~ith~ut n:,tice tc any of us; ar.d to fuy all cosfs cf colls:tien, including e reasonable attomey's fee in the evem of any detavft hereunder, and hereby severally waives ~If benefit of home~tead and exemption under the constitulion ard laws of each State of the United States, as against this obligation or any extens~on or re~Ewal hereof. Witness the hand and seal of each party. , ~ ~ ~ • ~ _ _ - ~ ~N -t~ t~3 M4~ ~~~/Leanard 1.: I~Obljl (SEAL) ~ . - - ~ (SEAI) ~ ~ _ . ~ . , s/Sthel B, ~Robe _ ~ 351 15 ) State Revenue , • - ~ • ' ~ ' , (S~~ ~ (`.~ewi}'f'ancdkd~en~erigiwet~etej . _ , ••i• ' ' NOW, THERcFORE, the I~IORTGAGOR for the p~rpo:e of sec~ring payment of said sum of S~s~-Q~• ~ end 1he periormence of fhe covena~ts and agretments hereinaiter expressed,-and for divers good and valuable considerolionf, by these presents, does grant, bargain, sell, ~emise, release, convey and cbnfirm unto the MORTGAGEE, ils svccessors and assigr.s, eH that certain lot, piete or parcef of lend, situate, lying, and being in the 'f • Covnty of St. LUCle and State of Fbrida, described a~ follows: ~ Lot 28, Block 82, GAKBWOOD PARK UNIT '7, according to the plat thereof on file in ~ Plat Book 11, Page 13, Public Records of-St. L,ucie ~ounty, Florida, . - . ~ 13~0~- cn o~ - O 331 ~ ~oo% - ~ - . . ~ . ~ - ~ _ = ~ - ~ - _ . • . . . . , . • . . . , , t ~ _ _ . ~ ~ . ~ S'7"~-,~.TC- oF-"'_--_-_ , : . o~ oo~z.,~~Fr~rta ~I~QR~t~l~~~! ~Y _ zf - DEt~T:GF ftEYEtiL~:~~ ~~"~~STk~f"~Ili}, j , . i . . ~C5 . ~ . = . ~ ~ _ ~t • . . ~ _ _ P3. = ~~~tFt':: ~ . . ~s . . ' - ° ~ , `2 , ~ ` _ ~ ~ ~ : RfCfIVED ~ _ - ; s " ' - . ~ - - CUE UN C(qS~` c~~~,~ _ . `G• lr~rq!;GIC~ ~ ~ - ~-'iT ~?F T1ti(F$ . ~ , . . _ . . . . . " : . . ~'RSi~{AtifT TO CF{ppTER 71•13d ' '''.:.~i PRpp~jpt , • _ . ~ , . . - . AC7S OF 1911. ~RK C1RqJIT CO{~~ RRA.S • ~ ~ - ~ ,'r' ' = . ST. NJCi~ ~;p~ ~ ~ _ - ~ - - I~_ . g , _ 1~- ' ~ - ~ ~ogetFer with ell and singula? the teriements, P~ereditaments and appuriances thereunto belongirr,~ w in anywise appertsin~ng thereto, and all tenti, iuuss, proceedi end profits aaruing and lo accrue from satd premises, ail of which are iRCl~ded in the above arx! fotegoing desviption and habendum. - ~ ~;,'rc' nryv iv rfULU fhe atwve described and gronted premises unto 'he sai~ MORTGAGEE, iti saccesson and assigns forever. And the satd ~ MORTGAGOR for their he~n, exec~fors, administrafors ar~ assigrs, hereby tovertanfs with the s~id MORTGAGEE, iti s~tcetwrs and iRiym, that -thE'Y--~p--- lawtully se~zh; of ine said premises in fee simple; thal the iame are free, cteu and ditcharged from •11 lient +nd encurtr I ~ brences in law or in e uit and that 'tt"ieV wi11 and their € 9 Y• beirs shsll wsrrant and defend the title to the strrh to ihe said ~ MORiGAGEE, its successocs and assigns, forevzr againit the lawfu! claims and demands of ail peruns; w7 ~ - PROVICEO, ALWAYS that if fhe MOR7GAGOR shall pay unto the MQRTGAGEE the promiuory note hcreinbefore described snd shall truly, pramptly # and fuily perform, discharge, exec~te, complete, cemply with and abide by each and every the stipulatio~s, agreerrKnls, tonditicns stx! covenants of uid ; , prorrussory note and of lhis Mortgage, then this Nbrtgage a~xl the Esta?e herc4y created sh~ll cease an~ be nu!I and void. - ~ ~ IT IS UNDERSTpOD that the word "llortgagor" whether in the singular or plural anywhere in this M<xtgage, shsll be sinyulu if one only sid ~ = shall be pfvral_ joinfly and severally if more tha~~ one, a-?d that tFe word "their" as used snywfiere in this Mwtgage shalJ be t~ken to mea~ "his;' "hen," - or "its;' wherever :he context 3o i~nplies or admits. Atso, that wherever fhere is a reference in the covendnts snd agreemenh berein contained to •ny of ~ ~ the psrties hereto, th~ same sha.ll be construed to mean as well as the heirs, 1ega1 ~epretentatives, successor: snd assigrss (either voluntiry by sct of th~ ~ " ~ parties or involuntary by operation of the taw) of the same and that the covenants herein tontained shall bind ~nd the benefits artd adv~nts9es ir?w~ ~ to the respedive heirs, legal represeMatives, svccessors and ass~gns of the parties hereto. _ ~ ~ And said Mortgagors, fw fhemsetvrs and their heirs, legal representafives, svctessors and assigns, heteby (ointly and seve~slly tovensnt srrd ayrK t . to and with the said MORTGAGfE, its succes3or• and atsigns: _ ' W ~ i. To pay aii and singuiar the prir,cipal and interest and Ihe various and s~ndry sums of money payable by virt~re of said promissory note, snd this ~ morfgage, each and every, premptly on the days rtspectively the same severally become dye. ~ 2. To pay all and singvlar the tax~s, assess.ments, levies, liabilities, obtigations and encvmlxanc~s of svery naTUre and kind now on s+id describad j property, or- that hereafter may be impoted, suffered, plated, levied, or assesstd tlxreon, or that hereafter msy be levitd w assessed upon Ihis 1Kortq- ; age, or the irweDtedness secured herrby, each and every, when dve and payable, accordiny to Isw, before they betome delinqvent, and befwt any interest ' f attaches o~ any penalty is incurred; AND )NSOFAR AS ANY THEitEOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIE~ AND DISCHARGED Of RECORU AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH A.S, F~R INSfANCE, TNE TAX RECEiPT UR THE SATISFt.GT10N PAPER OfFIC1/~ILY ENDORSED QR CERTIFIED) SHAiI BE PIACED IN THE HA?vD5 Of SAID MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaT any thereof ts not paid, sat'sfied ar~o discharged sa:d MORTGAGEE rnay at any time pay the same or any part lhereaf withuut waiving or affectiny sny option, lien, equity or •iqht under or by virtve of this mortgage and the full amount of eacb and every svch payrrient shall br immediately due and payable a:?d shall b+st interest from the date therrbf ~ntil paid a! rate of nine per centum per annvm and toge~her w~th ivch interesf ~ha11 be setured by the lien of th:s mor9tepe.