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HomeMy WebLinkAbout1517 t~~-~~if1D~ 1H15 INDENTURE. Made th~ 2~t'1 ` day or J~ntlerv ° qD. 19~~E~ , beltivean _ Ral~~~i_Me~~er and Sh~rley Aie~~er. his wife af ~ S~. Lu e i e ~._`_y County Flo~;da, hereinafter designsied as 1he "~.10RTGAGOR ' and FIRST Ff~ERAI SAVlNGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation orga~iztd and exisling under the laws of the Unittd Stalas of Ainerica and having its principal piace of b~siness in iho City of Fort Pierce, St, lvcie CouMy, Flarida, hereinafter deiipnatrd a~ iht "MO 1GAGEE." WHEREA$ the h10RTGAGOR is usti indebttd to the h10RTt3AGEE in the eum oF S_ ~ 3~~~ 1 Y good and I~w(ui money of the Un~ted States advanced by Ihe MORTGAGEE unto the h10RiGAGOR, as evidrnced by a cettain promissory note of evzn date here.vith, of whi;h the io!lowing in ~vordt and Figures is a trua copy, to-wit: ' s ~ ~?00 '~0 r~o._._ ~l_3 , ~Ot~ ,TAnt~t~rV 2~ fVl1 fICIIC~ I~V~~U.i~ F~ " " _ For va(ua received, 1, we or either of us, promise to ay, wilhout defalcat7on, to ihe orde~ of FlRST fEDERAI SAVING$ AND IOAN ASSOCIATION OF f0R7 PIERCE at Fort Pierte, Florida, the ~um of j ~ s~~~ . CO x~ith interesr (rom d~tc at ihe rate o~ •~~~o per annvm, in monthly install• mants as fo!lows: S~K• on !he 1r't}~ay of March___, ~9_~~ and a like w~t~ on the ~orrespond~ng day of eath mcnth there- a(ter until the ~vhola be fully paid. Each installment fint shall be applied in payment of the interesl and then on the unpaid ~alance of the princ~pal s~m. If defauh is made in the paymrm of any insrattmenl when due, and such defavlt cont~nues 3Q days, then at !he opt;en of 1he hotder, and without any other notice, all the remaining initallments shal) be due and payable at once. Privilege is givrn to prepai Ihis note in whoie or in p~rt at any time ~vithout panalfy. •Neilher forebeatance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A lale payment charge of S!1 • 2 K, 3hall be added to each installment remaining unpaid 7 days after its due datr, and a tike sum shall be added fo each such installment rernaining unpaid 7 days affe~ each succeediny paymenf date. - Each maker, surery and endorser hereof, jointly and severally, waives Jemand, presentment p~otest and nolice of protest for nonpayment, and further agrees to any extension of tirne of payinent, either before or after matu~ity, ~vithout ~otice to any of us; and to pay all costs of collection, including e re~sonable attorney's fee in the event of any defauit hereunder, and hereby severally ~vaives all bene(it oF homestead and exemption under tne constitution and larn~•s of each State of Ihe United States, as against this obligation or any extension cr renewal hereof. Witness tha hand and seal of each party. ~81~f, I~feXe.~ (SEAL) ~ Shjr'Zev ~Seti-e~ ts~At) (SEA!) 1 ~ 'j ~ (SfAI) (~}_e ) State Reven~e (Stamps tancelled on original note) NOW, THEREFORE, tFe MORTGAGOR fer the purpose of securing payment of said sum of ; Q. 8~~ . 00 and the perfonnance of the covenantt and agreemente hereinafter expressed, and for diver~ good end valuable considerations, by these presents, dces grant, bargain, sell, rem~se, release, convey and confirm unto t~e MORTGAGEE, iti ~uccessors and assigns, all that certain lol, piece or parcel of land, :ituate, lying, and beinfl in the County of - S t. Lt1C1 e and State of floride, detcribad as followt: Lot 1 end tne South Z~ f'eet of Lot 2, Bloek K, of 411'LBtTjn'E, as per ~l~t thereof on file in Plat Book 6, page ~2I~. public recorde of St, Lucie Cot~nt~,~, Fl~rida, ~ ' tr~ ~ ~p t Ax~s ~~~,~TS~HA1 4ti~P~S'I, ~UC ON~ ~ , tiApSEK 2G7a4' ~-1 ~.ONit - AN ' Cl:~tk Gircv c~ pu45U f~ l ~ 4~~5 ~ C= ~ f'" LL l~ ~-1 ~ L~ ~ ~ RpG TIS t+~. ~p" c~ puCUi ~ENTAc"`~STia?1P TE?X ~ as A~enl f~f a~ Lolles i Ot J~ 3 66 -1-~~~`:~ _ ~ T 'aN 1' ~ ~ ~ > y~ • O = i ~ ~Rx ,v - ~ I 4 ? Q ~ $1. ~ i~ ~ ; i - ~ ~ / - p~PLt ~ ce+'DTRO~ R ~~ot?? `°r``-':` P._ - togeTher with all and tingular tha tenementf, hereditamentt and appurtances thereunto belonging or in any~:~ise appertaining thereto, anc! all rent~, issues, - proceeds and profits accruing and to accrue from said premises all of which are inctuded in tfie above and foregoing desuiption and habcndum. TO HAVE AND TO HOID the above described and granted premises ~nto the said MORiGAGEE, i~i successars and assignt fore~er. A»d ths sald MORTGAGOR for - t~2e lr heirs, executors, administrators and assignt, hereby covcnanb with ihe iaid MORiGAGEE, i1~ sutcessors and s~stgn~, that --~-~~--~x'~ - lawfuf(y seized of the said premists in fee simple; that the same are free„ clenr and discharged from all lient and encurtr # brances in (aw or in equity, and that tht-'~' wi!! ar~d the ir heJrt thell warranl and defend Ihe title ta the :ams to the said i ~ MORTGAGEE, its sutcessors and a~signs, forever against the lawful cleimt ~nd dema~di of ell persens; i ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory rwte hereinbefore described and thaU truly, promptly + and fully perform, d~scharge, execute, complete, comply with and abide by each and every the ttipvlatian~, agreerflrnt~, condirions and covrnantt of seid ~ promi»ory noTe and of lhii N:ongage, then thit Nbrtgage and the Estate hereby ueated :hall ceate and be null and voiA. 17 1S UNDERSTOOD thst the word "Mortgagw" whNher in the sing~lar or plurel enywhere in ihi~ Mortgage, shatl be singular if ona only and i shall be plural jointly and teverally if more then one, a~d that the word "their" at used anywhere in thi~ Mortgage •hati be takan fo mean "his;' "Aert," ~ or "it~;' wherever the contezt :o implies or admiU. Also, that wberever there ti s reference in the covenants and agreementt he?ein contained to any of tha parttea hereto, the ~ame ihall be construed to mean at well as the hein, legal r~presentalivei, successori and aisigns (either voluntary by ed of the parties or involuntary by operation of ohe law) of 1he :ame and that the covenanti herein containrd shall bind and the benefit~ artd advanrayes invre to the rapective heirs, Irga) representatives, tuccessors an~ ass°gns of the pnriief Ixreto. ~ And inid Mortgagors, for themselves and their heirs, legal repreientstivei, suctettort and assignt, hereby joinfly and :everelly covenant end agree ~ to and with tha taid MORTGAGEE, it• succe:sors and assegn:: ~ 1. To pay all and iingular the principal and interett and the various and sundry ium• of money pay~ble by virtue of said pramissary nota, and this ~ morigege, each and overy, promptly on the dayt resprctively fhe sama iev~rally become d~e. ; 2. To pay al! and i~ngvlar 1he taxe~, assessments, levi=_r, liabilitiei, obligstions and encumbrance: of every nature and kind now on said de:cribed property, or that hereafter may be impoted, •uffered, plsccd, levied, or euessed thereon, or that hereafter may be levied or asseased upon thi~ Mortg- a~e, a the indebtedness secured hereby, eacA and evary, whan due and payable, xcordin9 to law, before they become deltnquent, and before sny interc~t attaches w any penslty ii incurred; AND INSOFAR AS AN~( THEREpF IS Of RKORD THE SAME SHAtI BE PROMPTLY SATISFIED AND DISCHARGED OF REG~RD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER ~OfftCiAtLY EfYDORSED ~ OR CERi(FIED) SHALL BE PLACED IN THE HANDS dF SAlD MORiGAGfE WlTH1N TEN DAYS NEXi AFTER PAYMENT; and in the event that any thertof is not = paid, saYsfied and discharyed sa:d MORTGAGEE may at any time pay the same or any part thereof withovt waiving or affecting any option, iien, equity or ~ .ipht unde~ or by virtue of this mortgage snd the f~ll amount of each and every s~ch payment sh~ll be immediatety due end payable and thall bear inl~test ; irom the date thrreof vntil pi}d 3t rate of nine per centum per ennvm and together with iuch interest shel) be secored by the lien of th's mor9tagr. i k •f c~ 7 ~ B`~QK~J'( 3~~