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HomeMy WebLinkAbout0627 ' ~ ~ V V I ~,/j, tH1S INDENTURE. /111~d~ t~ 20th d,y of Januarv ~,~p, ~q~g~ Jame~ O'Donnell at~d Jane O'Donnelly his wife, T of SL . Luc i e Cp~~y F~;dti M+~;Mffu deatpn+t~d ~s tM "MORTGAGOR; ' ~nd fIRST FE~ERAL SY1VlNGS AND • L~AN ~ ASSOCIATION OF fORT PtERCE. • corpor~tion wQani:~d and ~xiuinp undM t}?~ law~ oi th~ Unibd Stata of Amaic~ and lwvinp i1s pr'mcipa; pl~es pt bwirNSS in IM Uty oi Forf PiKa. Sf. lvw Couory. f1orW~. Mr~k?~hN dKipe?it~d p tir "MARTGAGEE." WHEREAS tM MORTGAGOk ia ~stly ind~bt~d to th~ MORTGAGEE in tM w~? p/.~ 8~ l~• O~ 9ood and I~wfvl mor»y of tM Un;hy . S~~tn advanad by tM MORTGAGEE un~o the MORTGAGOR, as ~videnc~d by a cert~in promiuo~y eot~ of ev~n dat~ Mr~wi~h, of which tla fdbwinp in wwtb and FiqwN is a ttw copY, towit: = 8,100.00 1d,666 . • w.t P».~.. Fia~d+. January 20, iv_~ kv v~~w nceiwd. 1. vw w either of vs, p~vm$s~it~Qay~tAout d~fakuion, to,Me order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF fORT DlERCE a~ fon P;eru. Florida, th~ wm of t f()()• with intcre~t from dat~ at the rat~ of 6• 9~ pK ~nnwn, in nwe?t61y irutall- rrNnn u foliowu ; 63 o„ ,M lOth d,Y of March 19 68 ~ ~ ~~ke sum on the <wr~spor?diop day of ~ach mor?th tFw~r ,s~.. v~ut ~?~e wtwt. bs tu~~y paid. Eath ins~allment fint ihall be applied in p~ymeot of the interest and thcn o~ the unpaid bal~nce of the principal sum. !f defavlt Fs m+dt tn th~ ' payment of any insullment when dw. +nd such defauh com~nues JO days, then ~t tM optio~ of t!w holder. and withow any other notice. all th~ remaininp ' i~s~allma~q sFyN be dw and payable ~t arc~. Privil~ is yiven ro prepaY thu no~s in vrhol~ or in pan ~t a~y tim~ withovt p~n~lty. •N~ittw fonb~a?ancr, nor acc~ptann by rM hokie? thereof ~fie? any def~ult in ~nY paymenb hereon, shall b~ de~m~d extension. A tate paymant cha~ of : 3. 15 „~!1 b~ added to ~ach insta!le,snt ~N»aininp unpa;d 7 days afta ib dw dat~, and a lik~ awn shall bs addad to e+ch such insullm~nt r~maini~g u~id 7 days sftK each sucuedinp WYmMt date. - EacA m~ka, surety ~nd endor~ he+eof, jointly ~nd aeverally, waiws demand, p~esentment protest and notice of protest fw ranpaymer+t, ard fwrher egrees to any extens'an of tim~ of payment, eithe~ befwe o+ ~fter mafwity, without notice to any of us; and to pay all coats of cotlec~ion, includlnp • re~son~ble ~ttomey's fee i~ rhe event of any default hereunder, ~nd hereby severally waiv~s all benefit of homette~d and exemptwn under th~ wmtitutio~ and laws of cxh Sute of tM Unitsd States, ~s ~g~init this obtiyation w aay extension pI ~tMW~I, hltp/. ~tnesa the hand and seal of each party. s/James O'Donnell ~u (s~?t) s Jane O'Donnell ~ ~ $12 .15 ~ R~~ ~?U (S~YO~ WIOt~~ld 011 Of~~M~ ~101f) NOW, THEREFORE, ths MORTGAGOR for the pwpos~ of secwirg payment of said w~n of ~ 8 s 100. 00 ~ of th~ covN~ant! ~r.d ~r~emenh hereinafi~r ~zpreued. and fa divera good ~nd valwbM cauides~tioes, by tFwse pr~senf~, does p~~M, brp~ir~, ull, rsmiss, re1wN, conv~y and tonfinn unfo ttie MpRTGAGEE, its ~~ccessoa and auiyn~, all that urtain lot, pi~a or parql of land, situat~. IYinp. and btunp In tM ~M St . L11C iQ and Sat~ of Fb?id~, danib~d a fdlowu Lot 24, of ~lock 12, of Silver Lake Par~C Addition, as per Plat thereof on file in Plat Book 20, at page 8, of the Public Records of St. Lucie County, Rlorida, / ~ ~ f / ~ I11 PAYNiMT OF T~~ ~ ~LY~ f iNTA~tG1BlE rERS~MAI . ~ cuE oN cus~ •c. W 5~ I A i t°F r L U!~t 1 L1A ?URSUANT TO CNAPTER iQ72~. ACTS O~ 1Mt• R POt1Ra; , CkAc prw~t C~arrt c~ F~".. D O C U M E N TA~~ STAMP TAX R~~ ~ 2 7 ~ 5 M. I A M E S ~ - o° W a O! ~nt f o f ~ ' .w+~ se' ' I 2 ! 5r s.. ~ t°a~ - ~ ~ T r- c°~ = ~r _ ~ COt~PTROLIER Q` ~ ~ ; P.B. ~°~134 _ ` roq~ther with aN and sinpvlar tM tene~runq, heredifsmenb ud +ppurtances thKwnro b~lorgirg or in anywiw appert~ininp tlwrew, and all ren», hsws, proc~eds u~d profitr acwinp aed to ~cuw from said premises all of which u~ inctudad in tM ~bove and fwepoinp de~cription u+d h~b~ndwn. TO HAVE AND TO NOID tl+~ ~bov~ desuib~d and pnnted p?«niNS unto tM s~id MORTGAGEE, its waeawrs ~nd assipns fortv~r. ArK! th~ ~id MORTGAGOR fw th~~L- heirs, ~xecutors, adminntnton and ~ssiges, her~by eov~rnae~t~ with tlr uid 1NORTGAGfE. Hs wa~asors a~d q~ rh~t they ~~uHy ieized of tM sstd prcmi~ea in fee simpb: that tF+e s+rrw hu.. cku snd discFwped from dl Ikns and ~ncunr ~.a~.. ~ ~.w o. ~~y~~y. .~+d rn~• theY w;n a~d their h.~n sl,.~l w.rr~n .od d.feod *M r~H. a*M a.m. ro*h. wW MORT6AGEE, i» svttasors and suiprq, forrver ayainst tlw I~wfvl daimi ~d d~mands of ~11 pKwrMj PROVIDED. ALWAYS tl?~t if tFw MORTGAGOR sh~ll p~y unto th~ MORTW?GEE tiN p?omissorr not~ hu~inb~fw~ dauib~d u~d sh~ll ttvly, ptotnptly s~d fully perfo~m, dwcMr~e. ~xacut~, compl~te, comply wirb ~~+d ab+de by sacl~ ar+d wery tM atiFwl~tior~, sprsema~b, conditions and cov~ms of said promissory not~ and of thb Mortpape, d»n this Mortgpe and tht Est~te her~by crtat~d shall aa~ ~nd b~ mrll ~nd wid. IT IS UNDERSTOOD tF?~t the word "Mortyspor" whethe~ in tF» sirpular or plual anywlx~~ in this Matyap~, sh~ll b~ sinpulu if oM only and sMll b~ plutal 'pintly u+d wverally if mw~ than ont, and tMt tM word "tl+eir" ~s vsd anywMr~ !n Ma Nlort9ap~ ahall b~ tak~n to mesn "his:• •'Mrs•• o? 'its," wMrever tM ~oe~tact w impliea w admi». Abo, that wherever then is • r~f~renq in th~ cov~nt~ ~nd apr~nts her~in co~t~ieNd to ~nr of tM pa?ti~s Mr~to, th~ s+rrw sh~ll b~ coronued ro m~~n ~s vv~ll u th~ heirs, Ipal npres~ntativss, wca~stors a~+d astipro feitlwr valuntwy by ~cr of th~ 1 p~nia O~ inrOlv~flrY by op~.arion of rl~e law) of th~ same r~d rh.t the covensna Mnin caa•i~sd sh.ll bind and rM ben~fin and advanryes inw~ to tl» rap~ctiv~ Min, Ipal r~pnsentatiws, wcceson and ~u~yro ef the putia bc?~to. ~ Md uid Atiortpayors, fw tFrmsehres and theh Min, byal r~pr~ssntadws, woces~ors and ~uipro. Mreby jointfy and wverafly covtn~nt ~nd aprw ro u~d with tiw s~id AAORTGAGEE, its woctswn ~nd ~ssipns: 1. To p~ty all and airgular the p?int;pal ur! int~r~sr and thi vario~n and wndry sums of moMr paY~ by virtw of aid promiasory not~, ~nd tha ! rt+ortp~pt. ~ac!? and tvery. PromPth on tM days nsP~clivelY tiw wwrally broo~rw dw. ~ 4. To piy all u~d sieguls~ eM t~xes. +s~eam~+n. Iwies. 1'~abilities, oblip+tiom ~nd tna,mbranc~s of ~wry n~tw~ and kind now on aid d~cr~d p.op~rry, a thn here~fnr may b~ impad suffa~d D~~. Iwid or awss~d tlNrwn, w tMt hertaflM may b~ Iwad a assessed vpon thk Mat¢ ~ sp~, w the ir~debr~dn~a Ncwed Mr~4t?, sid~ and w~ry, wMn dw ud pay~bb. ~ooordinp ro Isw, b~fon tl+ey bacorm dslinq~reot, ~nd b~f«~ arry Imaen z stt~thes a u~y pen~lry b incwrd; ANO INSOFAR AS A THEREQf IS Of RfCORD THE SItME SNALL SE PROMPiIY SAi15F1ED AND DtSCHARGED OF RECORD ANp TNE ORIGINAI OFfIC1Al OOCUMENT (St1C~ AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER ~OFFICIAIIY ENDORSED OR CERTIFIED) SMALL dE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in tM tvent tMt ~ny tlw~~of is no1 p+id, sar:~fied and diul~sr~d sr:d MORT6AGfE may at arty time pay tht s+nu a any p~A th~reof without w~ivirg a aff~dinQ a++y opt:en. 1'wn, eqoity a •~pht und~r a by virtw of tM mortya~ ~nd tlw full ~rnou~t of each and wsry wch paym~M shall b~ immediat~ly dw ~nd payabb and shall b~ar intenst ~.om tM data tl~~of vntil p~id R rN~ of nine pM untum pN ~nnwn and toppi~ with wd~ inhreat shall b~ ~tcur~d by tht lien of tl~:s mp+ptp~. _ 6 QOK ~ 7O PACE 625 , . r. ~y =--'~i.'~~ ~ 4~Y~ . 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