HomeMy WebLinkAbout1677 . , ;
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30th ?1~Zy ~ c; : : ' 75 ~
TNIS INDENTURE, Made ihe day of ? A:D. 14__.__, belween
~`,Ol'(-~OII~jC , TIr~~Z~RZsI'-~~Z1-T`[T~11-C.'~ 1 ~
af S~ .~uC?.e County Florid~, hereina(ter desh~ne~ed a~ the "MORiGAGC`R," and FIRST FEOERAI SAVINGS AND IOAN i
ASSOCIATION OF FORT PIERtE, e corpsrat~on orgenized and existing under tha laws of the United Stat~s of America and having itt principal place of {
business tn tha City o( For~ Pierce, St. lvcia County, Florida, hercinaiter designatcd as the "MORTGAGEE:' ;
WHEREAS Ihe h10RTGAGOR is justly indebted to the MORTGAGEE in the sum of 5-~-~5~~.-QQ- c~uod and lawful money of iha Unittd
Stetes advanced by the I.IORTGAGEE unto ?he MOkTGAGOR, as evidencad by a certa~n nromissory r,ote o( oven data Ferewith, of which tho following in
words and figures is a troe copy, ta~vit: ~
~ 1~ ~ QOO .00 No, ~3000063 ;
Fort Pierce. Ftorida, ~'S ~3 y~~ , --19 7 5
For value received, I, we or ~ither of us, p~omisa to pay, without defa';a~ion, ~o the order of HRSi FEDERAI SAVInGS AND LOAN ASSOCIATION OF
F~RT PIfRCE al Fort Pierce, floriJa, the s~m of j_ l~f O00 •~n w:th inreiest front dale at Ihe rate of 7 do per ann~m, ;n monthly (nstall-
ments as fol!ows: S~s00 on tha -2Ot}~ dey of -J~ 19.? S and a tike sum on tha correspond~ng day of each month thete-
afte~ ~ntil Ihe who!a be f.rlly aaid. .
Eath installment first sfia!1 be applied in payment of tha interesl ancl tf~en cn the unpaid balance of the princ7pal s~m. If default is mada in fhe
payment oi any iRStaltinenl ~vhen due, and such de(ault coatinues 30 days, ~hen at ~the option of the ho!drr, ar,d ~vithout any other notice, all the remaining
inntallments shall bc due ard pnya6:e at once. Pri.•ilcge is gi•ren to p:epey th~s notc ~n wholo ar in part at any time withoul penalty. Neither forebearante,
nor atceptance by the holder thereof after any dzta~lt in any payments {,ereon, ehall be deemed extension. !1 late payment charge of x~ • 1S , shall be
addrs! to each instaliment remaining unpa~d 7 days after its due dite, and a ~ike s~:n shall be added ro each such instatlment re:naining vnpaid 7 days afttr
- each wcceeding paymzn~ date. ~
_ Each maker, surety and e~dorser hereof, joiNiy and severally, waives deman~, presentment protesf and notice of protesl-for nonpayment, and furthet
agrees to any extension of time of payment, either 63tore o~ afrer ma~urity, without no!ice to any of us; and to pay all costs of collection, including a
reasonablo attorney's fee in the avznt oF any d~fau;f hereunder, and t:eraby :everally •.vaives all benefit of homestead and exemption unde~ the consfitulion
and ta•r•s of each State of the United Sta:es, as rgain:t this obl:yation or any extension or renewal heteof.
- Wilness the hand and sea) of each party. _ . i. {
~ { rOY'(1 ri A [~?eidne (SEAI)
- ~ ) ~ b~~ (SEAI)
_ . _ .,r.~,,,~,~,~ S RU Yl C {':67.CIt1@X (SEAL)
15 OO - - ' : ~ - ~ • 't - ~ ~ (SEAL)
! • ) Stafe Revenue ' . ~ • + ,
(ita.r7r eewaeHed ~oer ~erigRm}-ne~e) ~ . ~ ; r ~ . .
NO'N, THEREFORE, the MORTGAGOR for the pvrpose of secoring paymenl of ~~did wm of S 1O ~ O0~ • , and the perfwmance of the
covenanti and agreeme~ts hereinaf~er expressed, and for divers 9ood and valuab!e considerations, by thete presents, does gronT, bargain, sell, remise,
release, convey and confirm unto the 1AORTGAGfE, its successore and assigns, all that cer~ain lot, piece or parcel oi (and, situate, lying, and being In the _ :
County of S~ . Lueie ` - , and Stale of Florida, described es ~ollows: -
- ~ ~ - 3~~5- s-/s• aol7- ~ ~
- Lot 1~~ rlock 3, RIVEP. Pr1RK Ul\~IT 3~ as recorded xn Plat I3ook 10 .
Pa~e 80~ of the pul~lic r~cords of St. Lucie County~ !=1or~da ~
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~ ° ~ ~ ~ PROiPfRN~ -
- - itECEt11FD 'C' INTl1~i618L~
. - . ~ pU~ ON CIASS ER 71•134. l~~ Of 1971_~( -
_ - ~~NT 10 CNAPT -
~f~ER POTiW?S C4,
. CLERK Gln~ll[T COURT, Si. LUC~E -
' together c~ith'all and singu'ar the tenements, harediraments and appurtances thercunto belonging or in anywise appertainirrl thereta, end all rents, issuq,
proceeds and profits accruing and to accrue from said premises, all of which ate included in the above and foregoing desviFtion and haFendum.
-T0 HAVE AND TO HOID the a5ove described and grarstad premises unto the said MORTGAGEE, its sutttssors and assigns foraver. Hnd fh~ said
their
MORiGAGOR for F.eirs,-executors, administrators and azsi~ns, hereby covenants with the said MORTGAGEE, its svttetfors and astiyru,
that --th~'~,!=are - lawfully seized of tfie said premises in fee simple; that the same are free, clear and diuharged irom all liena and ~m-
brances i~~ law or in equity, and that they W~~~ a~ th~2Zr heirs shall w:rrant and defend the fitle to the same fo the saW
MORTGAGEE, its successors and assigr.s, foreve~ against the lawfu! claims and demands of all persans; _
_ PROVIDED, AlWAYS that if the MORTCsAGOR sha~l pay unto the MORTGAGEE th~f prom;ssory note hereinbefore desvibed ~nd shaU truty, promptly -
and fulty perform, discharge, execute, compfete, comply with and abide by each and every the itipulations, agreements, tondifions and cevRnants of said
" prom~asory note and oi this Marigage, ihen this Mortgage and the Eseafo hereby created sha11 cease and be null and void.
` wo
r IT IS UNDE25TOOD that the word "Mortgagor" whe~her in the singolar or plural anywhere in this Mortgage, shall be singular if one only and o
shall be plural jointly and severally 6f more than one, and tha~ the wad "tneir" as used anyrNhere in this Mwtgage shall be tsken Io mean "his; `"hen;'
or "7ts," wherever tl~e context so impfies ar admits. Also,- that wtwrever there +s s refecence in the covenants and syreements herein tontained to any of
the Qariies hereto, the same shall be construed to mean as well as the heirs, Irgal representatives, •uccessors and assigns (either voluntary by act of tF~e ~
par?ies ot invo!vntary by operation of ttie law) of the samc and fhat the covena~ts herein contained shal) 5ind and the benefits and advantsges tnvre ~
4 to the respective heirs, legal represenlatives, successars a~d ass'gns of 1he parties herota _
t
i-- - And said tJtort a rs, far themselves arxf tneir heirs, le al re resentatiret, succesiors and aui ni, hereb
9 go g p g y joiMly ~nd severally coven~nt and spr~e a,
~ to and with the said MORTGAGEE, its svcces~ors arr3 assigns: ~ _ .
E 1. To pay all and singular the princ7pal and interest and the variovs and sundry sum~ of money payabte by vir~ue of said promi:sory note, snd this
mortgage, each and every, promptly on the days rospectively the same severally become dua - ~
2. To pay a!I and singular !he tnxes, a:sessments, levies, liabitities, obligations and encvmbrsnces of evtry nshre and kind ~ew on ssid dettriFxd ~
~ property, or that he~eafter may be imposed, svfiered, plated, levied, ot asussed t'nereon, or thal htreefter may be levied or assessed upon this Mort9-
4 age, or the indebtedness secured hereby, each and eve:y, when due and payab!e, accord'+ng to law, beforz they become delinqveM, and befwe any intste~t ~
~ anacfies or any penaNy is inwrred; AND fN50FlaR AS ANY THEREOF iS Of RKORO THE SAME SHAII 8E PRQMPTLY SAi15f1ED AND DISCt{ARGED Of
RECORD ANp THE ORIGINAI OFFIClAL DOCU~~IENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE 5ATISFAC710N PAPER OFFICIAItY ENDORSEi?
~ OR CEP.TIFIED) SilAll 8~ PIACED IH iHE HANDS OF SAID MORTGAGEE WIT~iIN TEN DAYS NEXT AFTER PAYMENT; and in the event fhat any thereof is not
; paid, sat'sfied and d;scharged sa:d 1AORTGAGEE may at a~y lime pay Ihe same or any paY thereof wilhout waiving or affecting any option, lien, equity or
•iQhr under or by virtue of this mcrtgage and the fu!1 amount of eath and every svth payme~t shafl be irnme~iately d~e and paya6le and sh~ll bear intetest
from the date thereof vntil paid at rare of n~ne per centum per annvm and together w7fh such iMerest shall be sec~red by the lien of th:a rtwr~tsQe.
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