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HomeMy WebLinkAbout1519 ~g ~ `_f~ w'. . Y ? ( i . . ~r r T:115 INDENTURE, hlade the 2~t1~ d~y oF ~TBnUAT'~' _ , A.D. 195,~' , betwetn ~ I, c~~? ~ _ ' ' _ C ~C a~ a 8 ~18.1..L'_ A t3 ll ~ t - - ~ of _ _~+.~c..~_ L+~~_~~_ County Florida, hereinaftu designated as the "MORTGAGOR,° and fIRST FEDERAL SFVINGS ANp IOAN ASSOCIATION OF FORT PIERCE, a corporetion organi:ed and exi~ting under the laws of the United Statos of America end having iti principal place of business in the City of forf Pie:ce, Sr. l~ua County, fiorida, hereinalter deti~nated as the "MORTGAGEE.° WHEREAS the h10RTGAGOR is j~stly indebted to Ihe MORTGAGEE in the aum of s c~ood and lawful money of the Un~ted ° S~ates advanced by the ~.1pRTGAGEE unlo the MORTGAGOR, as evidenced by r terla~n promissory note of even d3fe herewnh, of wh~ch tha following in words and ~igures is a irua copy, to-wil: p s 6 s.ri, Nol ~.~~C) iori ?+e~cr, iivricla, J~ia r~~ ~R ~p~:~ For vatue receivrd, I, we or either of us, promiseL to pay, without defatcarion, to the order of FIRST fEDERAI SAViNGS AND IOAN ASSQCIATION Of ~ FORT PIEP.CE at Fort Pierce, Florida, the sulm of S- (1 50Q • 00 with interrst from date at the rate o1~.2~0.6 pcr annum, in monthly Install- ` ments as follews: 3-~~' on the'-~th day of Mareh ,~9 and a like sum on thQ corresponding dny of eacil n~onth there- ~ a(te~ ~Nil the whole be (ully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balancP of th> prir,c~pal sum. If de{ault is rnade in the paymeM af any installmeN when due, and such default cominues 30 days, then at the option of the ho'der, and without any other notice, a1! te~e •emaining ? installments sF.all be due and payable at once. Privilega is given to prepay ~h~s note in whale or in part at any t~me w+thout penaity. •Nelthef fo~bearance, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed ezrension. A late p3yment charge of S~'? shall be 3 added to each installmer.t remaining ur,paid 7 days affer its due date, and a I;ke sum shall be added tu each such installment remaininfl unosid ~ dayi after ~ ~ each succeeding payment date. ~ ~ Each maker, surety and endorser hereof, jointiy and severally, waives drmand, presentment protz:t and notica of protest for nonpayment, and (urlher # agrees fo any extension of time of payment, either befora or after maturily, without r,of~ce to any of us; and to pay all costs of culledion, induding a ? reasonable attorney's fee in the event of any default hereunder, and hereby seve~ally waives all benefit of homestead and exemption under the canstitution ? s and laws of each Sfate of the United States, as aga+nst this obligation er any extension or renewal hereof. } Wir~ess the hand and Seal of each parry. ; 1~/ I_.ee V Merri cks. (SEAL) : a single BCjUlt ' (SEAL) ~ (SEAI) ~ (SEAL) ! i ( ~ ' 7 ~ - 1 S!ate Revrnue ~ (Stampi cencelled on originai note) ~ NOW, THEREFORE, the h10RTGAGOR fcr Ihe purpose of securing paym~nt of ~aid sum of S- • n~ , and ihe ~r~c~r ~ante of tha covenants and agreeme~ts hereinafter expressed, and fcr divers 9ood and valuable consideretions, by these presents, does granl, bar9ain, sell, remise, retease, convey and conlirm ~nto t~e MORTGAGEE, its tuccessors and assigns, all that certain lot, piece or parcel of lend, tituate, lying, and being in the County of S t. Lu e i e and State of Florida, de~cribed a~ fo!lows: Lot 6, Block l, TOSKEGEE FARK SUBDIVISION, as per plat thereof ~ ~ ~ recordecl in Plat Book 8, at page 7~} of the public records of St. ' Lucie Count~~, Florida, / ~ i ' : ~C d4 t1Z~~ ~ o ~ f~yN. QROP ~ -",~.'t t/\ 4rL ~t~r ~T t Py Tii ( i ~ • - Co~u~-~~yTA ; = 5 l~~~ £ i , _ ~ ~,r`• ~ ~tt ~ ~ _ ~~~~11'65!`? i ~ ~ - ~ ~r;. - _ i :R . O ( 9 7 5~ F~ _ -v _tit~ . ' _ ` =-~--i1 = .e" . - h C.) r _i, ~ ~ 2 ~ C~!~~TRGi ~ F . o: # t . • ~ ~1~ . ~ ~ ~ S ' r ri;;~,-.~` ~tl • ,c P~.~4ot? _ ; RaS P~ug~ti ~ ~t,~l u ~ ~ ~ ~ ~ j O '`L ~ ~J~+ i ~ i ~ i ~ # i I ~ together with ali and sing~lar the tenements, hereditamenti and appurtances thereunto belongir~ or in any:iise appertaining thereto, and all rents, ftsues, ~ proceed~ and profits accruing and to accrue from said premises all of which are included in the above and foregoing descriptio~ snd habendum. ~ TO HAVE AND TO HOLD the above described and granted premistt unto the •aid MORTGAGEE, its successors and esiigns foreve~. And the said ~ MORTvAGOR for heirs, ezecutors, administroiors and assign~, hereby covenant~ with tfie said N+ORTGAGEE, it: ~~cces~ort and etsiyn~, ~ ~ thet ---~--~--i-~--- lawfully seized of tha said premises in fee •imple; that th¢ •ame are free,. clear and discharged from ell liens end encurrr bronces in law or in eqvity, and that h~ will and hi 3 heirE thall warrant and defend the title to the ~ame to the ~atd ~ MORTGAGEE, its svctessors and as~ign~, fwover against the lawful tlaimi and demandf of all pEraons; ~ PROYIDED, AlWAYS that if Ihe MORTGAGOR shsll pay unto ihe MORTGAGEE the promissory note hereinbefore de~tribed and thal) truly, promptly and fully perform, d~icharge, exec~te, complete, comply with end abide by each and every the stipulations, agreerflents, conditioni and covenantt of ~aid ~ promissory note and of this Mortgage, then thi• hlortgage and the Ettate hereby aeated thall tease and be null ertd void. , IT IS UNDERSTOOD that tha word "Mortgagor" whether in the singular or plural anywhere in This Hlartgage, ~ha{I be cingvlar if one o~ly and shall be ptural pintly and severally if more than one, and that tha word °their" es ~~ed anywfiere in this Mortgage shall be taken to mean "his;' "hen," a"its;' whtrevcr the context so implies or admits. l~Iso, thaf wherever there i~ a reference in the covenanft and agreementt herein contained to eny of the parties hereto, the iame shall br construed to mean as well as the hein, legal rtpresentativet, ~vccessors and aisigns (either voluntary by act of the ~ partiai or i~volvntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefitt and advanrapts inure to the respective heirs, legal representativea, tucceiiors and ass~gm of the parti~s hereto. And iaid Mortgagors, for themselves snd their heirs, legal rtpreientstive~, svccestiora and atsigns, hereby joinlly and teverally covenant and agree to and with the taid MORTGAGEE, its succesaors and assigni: 1. To pay all and singvlar the priricipal and interest and the various and sundry t~ms of money payable by virfue of ssid promissary note, and tht• matgage, each and every, promplly on the days resprctivety ihe same •everolly become d~e. 2. To pay all and singular the taxei, assessmant~, levie~, liabilities, obligationt and enc~mb?+nces of every nature and kind now on taid described property, or that hereafter may be impoiad, suffered, plxed, (evied, or aueiud thereon, or thal hereafier may be levied or assessed upon this Mortg- age, ar tht tndebtedneu secvred hereby, each and every, when dus ~nd payebls, accadinp to law, before they btcoma delinquenl, and before any lnteres~ altachei or any penalty is incurred; AND INSOFAR AS AN 7HEREOf IS Of RKORD THE SAME SHAII BE PROlNPTIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUC~ AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER •OfFICIAIIY ENDORSED t p2 C~'?!flED) 5!±4il. pE P!ACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event fhat any thereof is not ~ paid, sat'sfied and discharged sa:d MORTGAGEE may al any time pay the same or any part thereof witho~t waivirtg or affecting any option, lisn, equity or ; rlght under or by virtue of this rrartgage and the full amount of eath and every such payment shill be immediately due and peyable and shall bear intetest ; From the date thereof until piid et rate of nine pe~ centum per annum and tegether with ~uch interest shall be sec~red by the lien of th:t morgtage. i . ~ 60~~1~~ '