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HomeMy WebLinkAbout2998 t , ~ ~ 1'~5220 THIS INDENTURE, Nl~d~ tht 25th ~y ~ February y~ 19~y Bdward H. Sull van and Joan P. Sullivan, his wife, of ~t . Luc ie , County Florid~, MrsiMit~ d~tipn~t~d as tM "N10RTGAGpR,'• ~nd FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION OF FORT PIERCE. ~ cwpwation or~~nis~d and ~xistinp und~ tM laws of tM Ue+i~ed Statq of Am~tiu ~nd havirg Us priotipal plaa of buun~ss In tFy Ciry of fat PiKa. St. l~cl~ Couoty. Flwida, Mr~inafta datprwMd a tFw "MORTGAGEE." WHERfAS rM MORTGAGOR b jw~ly i+~d~bt~d fo tM MORTGAGEE in tM wm of 0~ , pood and I~wful ma+ey of tFN United Statn adv~nced by ths NkORTGAGEE uoto tl+~ MORTGAGOR, as ~vid~nced by ~ prt~io promisso~ry not~ of ewn daN hsrwvith, of whith th~ folbwinp in wOr~and fiy~rOO a trw topy, to~wii: ~ ~ O~• 15 ,492 ~ P~..o.. ~o.id.. February 25, ~q~_ for vilw ~~ceived, 1, we or eitF~er of us, p?omiss to psy, wilhout def~lc~tion, to tM order of fIRST FEDERAI SAVINGS /1ND IOAN ASSOCIATION OF fQRT PIERCE at Fort Pierce, Fbrida, ths wm of i~0• w;th intereit from dat~ at t!w r~N of Z~~Ye psr ~nnwn, in monthly ir?ifall- ments ~s follows: t 2~•~ cn ths Sth day of ~Xil ~q69 ~od a fik~ wm oo the caresp«Klinp day of ~~ch ma?th thKr after ~ntil the whole be fully paid. Each i~taliment first ~all be spplied in payme~t of th~ interat snd then on 1he unpaid b~l~~ce of ths principai sum. If defauM a n?~d~ M th~ payment of ~ny i~ntallment when dus, and wch default con~inues 30 d~ys„ the~ ~t the optiw~ of tM hoide~, and without sny other notice, ail ths rem~ininp installmenb ihall be due and pay~ble at once. Privilep~ is yiwn to ptep~Y thia note in whoit or in part at ~ny tims without per~alty. Neither fw~btuanct, rwr mepbnce by the holde? thereof sftcr any defauit in any payments hereon, shall be deerned sxteniion. A lst~ p~yment tMrg~ of ; 11• ~ slwll b~ atlded to each installment rerr.ainirg vnpaid 7 daya ~ftet ifs dw dat~. ~nd a lilc~ sum shall be edded to e~ch s~xh i~?stallment remaininp unpiid 7 day~ ~fhr eith succ~eding paYment date. , . E~ch maker, surety and endorser hereof, jointly and s~verally, wa;ves demand, presentmcnt p~otest sod notice of prote~t fo? nonpaymenf, and fwiMr agrsei ro any extension of time of payment, either before or after m~turiry, without ootice to any of us; and to pay all costs of collectioo, lncludie+p a reasonabk attorney i fee in the event of any defsult hereunder, ~rd hereby severally waives all benefit of homestead and exemption ~nder tM oontHtution snd laws of each State of tha United States, as against thi~ obligation or any extenaion a renew~l hareof. ~tr?ess the haod ard seal of each pa~ty. S/ Bdward H. Sullivan ' ~ (sEnU S/ Joan P. Sullivan ~U ~ $45.00 ) State Raveow ~u (Stsmps unotlled on oripirul note) NOW, THEREFORE, the MORTGAGOR fw the purpose of secvrirg p~ymeot of ssid swn of ~ 3O 0~ , ~nd fh~ omn.~ann and s~?eemenn heran~fre. e:presud, u+d fa divers yood and v~lwbl~ cau;deraY P~~^+^p of tM +oeu1 by ihek prpenls, does prant, b~rp~iry atll, remiss, releas~ ca+wy snd confirm u~to 1M MORTGAGEE, its suocesfors and ~s~ns, all thal cenain lof'piap or pupl of Ia~d, sitwt~, lyug, ~nd beinp In th~ ~~ty St. LuCie ~~m of Fbida, desaib~d ~s fdlows: From the Northeast corner of the SS'~ of Section 26, Township 35 South, Range 39 Bast, St. Lucie County, F1.orida, run South on the Bast line of said Section 26, 588.1 feet; thence IVest 60 feet to a concrete monument on the West Yight-of-way line of County Road and the Point of Beginning of the lands herein described: From said Point o# Begi.nning continue West 157.5 feet to a concrete monument on the Bast bank of old creek channel; thence North 26° 27' West 105.0 feet to a concrete monument on the Sa?st bank of old creek channel; thence Nozth 18° 36' fiast 117.0 feet to a concrete monument on the South barik of old creek channel; thence continue North 18° 36* East 32 feet to the center of old creek channel; th~nce South 80° 36~' East along the centerline of old creek channel 258.8 feet to a point 60 feet West of the East line of Section 26, Township 35 South, ltange 39 fiast and on the West right-of-way line of County Road;" thence South, 60 feet west of, and parallel to, the fiast line of said Section 26, and along the [vest right-of-way li.ne of County Road, run 41 feet to a concrete monimnent on the South bank of old creek el; thence oontinue South along the West right-of-way line of said County Road l~~~E~i~t , - ~`~td9~~nin9; containing 0.82 acres, , 1~~~~gL~'PER~,'t(A~ rq~, ~ ~IJ~S:lAtIT TO CFLIPT~'R 2p)2•:, A~,•7S pF 13;1:. _ ~~GG RCG~R POtT(~tS, Clerli Circuit Ceurt: W i i t~ ~ C~~ V~~(~": i~ a} A~ect` for CANIEL N~ Kh~tis; DOCUViENTany TsipMP ~ ax st~ ~~kte Z i~ ~ ur:t''/ Tax Cull~ J ~ = f~6'L$'69 <~i,;=_('\: ^ ~y . p = .~3 ~500~ r = ~ ' - N V CQl~ ~iROLLER ,~A _ P.B. »oisa - c~t~ xya~tnsr wirh all and s~ngular ths tsnemanta her~taenanb a~d appwtances tF~areunro bebrgirg or in anywi~ appM~inkg tF~No, u~d dl tanta, pocnds ~nd profits ~cvv6~g snd to acaue from uid prMnises, all of whid~ an included in th~ abw~ and fonpoirg d~script'an and hab~ndwn. TO HAVE ANO TO HOI~ th~ abow desvibed ~nd ~ranted prani~es unto tM sakJ MORTGAGEE, its woc~ssws and assip~t fonwr. Md th~ wid MORTGAGOR fw h~in, executon, ~dminiatnron uid a ns. Mr their ~y ~y ~y ~th t!w said MORTGAGEE, ib suaesfws ~nd as~ipn~, rMt the~ are w~ ~ ~rpd from sfl ti~ns ind ly pre?nisa in fK simples that tM wM u~ _ ~t., Slw and brances in law a in equity, and thar thev will and their fKin sh~ll wu~~nt and d~fend the titl~ a tM eam~ ro tht ~aW MORiGAGEE, in se?ccetwn and assipns, fwever apai~nt tM lawful d~N~u and dem~nds of ~II perwnsj PROYIDED, ALWAYS tMt if tM MORTGAGOR sh~ll p~y unro the MORTGAGff th~ promiuory rote Mriu?b~fors daaibd ~nd sMll t~rly, promptly _ and futly perform, dixMrye. ~x~cute, compl~te, comply with and ~bid~ by ead~ ~nd wery tM stipulatioos, pnem~nls. conditiom uid cov~n~nf~ o# said promiswry mt~ snd of this MortQaye, then thia Mwtyap~ and the Estat~ ha~by cr~ated shsll qat~ a~d b~ null aed void. IT IS UNDERStOOD tMt fhs word "Mortysyo~' whether in the sinyular or plwd sh~ll be plwa) jointly ~nd severaly if mon than ane, and that th~ wwd "~F~'a" ~s uwd tn this Mo~tpape, sh~il M_sinpul~r if on~ on~Y.ar~d a'i»." wherwr? fFN ca?text w' in Mis Mortyap~ ah~ll b~ taken to n~an "hb." "Mn;' t tM partiss hado, tM wn~ ahall b~westrued a m~an ~s vrell a th~s h~in,ei~ ia a r~fs~M+oe in tM cov~n+ets and iprNmenb Mrein ooMai~wd to airy of ~ Ip+ rpraent~tiws, woo~swn and asipnt (eitlw? vdvnfary by ~ct of th~ p+Ni~s or invdunury by operation of N~e law) of th~ and that th~ cov~na~n hK~in comained shrlt bind ad tM b~fiq ~nd adv~ntpp 1rnx~ , ro rh. reap~ctiw i,.'as. Ip+l r.pr.se~r,riws woces~ors and .a'~yru of th~ p.rti~s ha~to. Md saW Marp~yon, fw themselws and their Fwirs. Ip+l represee~tativu, woo~s~on ~nd ~ssipns. I~eby iointly and awaly crv~++u~t and aprs~ ro and with the s~id MORTGAGEE, in svousson aed ~ssipro: 1. To psy ~II ~nd iugul~ tlw principal and intuat and tl» variwn ~nd w~dry a~xns of morry paY~blt by virtue of s~;d prpn;uory na,y. ,~nd t~s mwt~+p~, each and ~wrY. P~~P~h d+YS ~~+P~~Y t!w saem s~wr~lly b~coene dw. 2. To pay ~II and ~irgular fM t~x~s. ~sses~nenn. Iwies, liabitiria, oblipations ~nd Mcwnbr+nas of wr~y n~tur• ~nd klnd now on said daaiMd P~oP~?tY, or tMt heresfter may b~ imposad, suffe~sd, p~aced, levied, or swa~d thenon, w th~t f~enaft~r inay b~ kvid a~s~eased upw~ ti~ Morfp. pe, a. rM M~d~br~dn~ss urw.d hsr~bp, s.ch .nd .wry, wh.n dw and p.ribl~ aooordinp w law, b~for• Nny beoon,~ d.ll~t. «id Mfon a~r tmwat ~ttxh~s o? ~~r pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAIL dE PRpMpTIY SATISfIfO AN~ DISCHARGEp OF ~ RKORO AND THE ORIGINAI OFFICIAL DOCWKff1T (SUCH AS, fOR IIYSTAiYCE. THE TAX RfCEI?T OR T11f SA715FACTION PAYFR OfFIC1Al1Y ENDORSEO ~ OR CERTIFIED) SNAII SE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN CAYS NEXT AFTER PAYINENT; s~d in tM ewnt tMt ~ny tFNr~of k no1 ~ psid, sat:~fied and dischuped ~atd N10RTGAGEE may ~t a~y tim~ pay tl+~ swne a any part thereof witFa~t w~ivinp w ~ffectinp amr option, tiee~, ~qvify or •iqht vnde~ w by virtw of rhis mortqaye ~nd tla fvll amovnt of each and ~wry wd+ psyrtwnt shsll be immdiat~ly due and payabk and shall b~u iMKUt hom the date thereof until psid ~t rate of nirte per tentum pe~ annum u~d ropether witl~ such interest sh~ll b~ wcvr~d by th~ lite~ of th:s morpt~pe. i , _ a~~ ~ 75 Q~f 2~9 _ . : - _ ~ ~ _ ~ _ . _ .