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HomeMy WebLinkAbout0350THIS INDENTURE. MaeM tM 30th ~y ~ John R. Sullivan Jul 1 ;, Bl 181351 A.D. 19 69 betwNn of St • Lucie County Fi«ida, hae&tafier deeignatad as tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IdAN ASSOCIATION OF FORT PIERCE, a arporat'an organised and existing under the kws of tM UtNtsd States d Ameria and having ib principal Play d business to the pry d Fort Pierce St. lutM County, Florida, hereinaher designated as the "MORTGAGEE." WHEREAS the MORTGAGOR h hotly indebted to tlr MORTGAGEE in the sum of =..14,400• ,good and IawfVl ma+aY of tM United States advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by • certain promas«y rate of ewn date herewith, d which tM following M words and figwes b a trw copy, to•wit: 15.856 400.00 -~-, - . l~0 _--~+ Fort Pierce, Florida. July 30, iq 6~ f« valve received, 1, vw « either d ua, promise ro P+Y. without defalcation, to tM «der d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum d >~ ld s400.00 with interest fr«n date at r1.. ra» d 7 a 75li per annum, in monthly trtstall. menu as follows s 114.00 ,r, ~ 5th day d Sgp_, 19_2.. and a life sum on th. torrespondirtg day of each month there- after until tM whole bt fully paid. Each installment first sMll be applied in payment d tM interest and then on tM unpaid balance of the principal even. If defsuh b made in the payment of any irotaliment when dw, and such defwh continws 30 days, then at the option of the holder. and without any other wtNehher ~forebearana, instalbnents shall be dw and payabk at once. Privilege is given to prepay this note in whole « in part at any time without per-ahy. nor scaptana by the holder thereof after any defauk in any payments hereon, shall bt deemed extension. A late payment charge d ~ S • 70 ,shall be added ro each installment remainirg unpaid 7 days after its due date, and a Eke awn shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, swery and ard«ier hereof, iointly and severally, waives demand, presentment protest and notice of pr«est f« ranpaymant, and further agrees ro any extension of time of payment, either before « after mawriry, without notice to any of us; and ro pay all costs of collection, including + reasonabh attorney's fee in the event of any defauh hereunder, and hereby severally weives all benefit of homestead end txempYan under the anstitvtion and Laws of each State of the United States, as against this obligation « soy extension or nerwNal hereof. Witness the hand and sesl d each party. S/ John R. Sullivan BEAU lsEl-U S leanoz B. Sullivan ~U (BEAU I $ 21.60 )state Revenw (Stamps canaihd on «iginal owe) 14 400.00 NOW, THEREFORE, the MORTGAGOR far the purpose d sacwirg payment d said sum of ~ ~ • artd ~ P d ~ covenants and sgrNments hereinafter expressed, and f« divers good and valwble ansiderat'ans, by thNe presents. does grant, barosin, sell, remise. release, convey and confirm unto iM MORTGAGEE, its wooessors and assigns. all that prtain bt, Pita br parcel d land. situate. glop, and being fn the County d St . Lucie and Stm d Floida, d.saibed as fellows I.ot 17, Block F, MARAVILLA SSTATBS, as per plat thereof on file in Plat Book 8, page 77, Public Records of St. Lucie County, F1oYida, tit S ~ i l , l ~ ~: ~ ; - t_ U ~t 6 ::~ .'a t?~ S~fA~4P (A~( ~ 1~,,, DOCUMF~,TA__ .z ---_ J ~ = MUG-4'69 ii ~3 ~~~~ _ .i'ce'=:. 2 I s 0 o ~~~ - __ # ~ tJ CO4LPTROLLER_~`o yr------~'= 4 P.E.l~ol~s - ~.------ , ~~ If+t PA`MfM f)F TAXQ ppgSUAI(TC TO CHAPTER 20724, IICTS~OF l~RipFRiY. ROGER p01TRAS, Clerk Cifcu;t fouls as AgfSlt fol DANIEL N. KNOWLES. 1R ~ ~y~~;1y T CoitedoF ~ ~u~ 6l,EfIK together with all and sirgula. tM tarwenema. hereditamartts and appurtanas theravrMO bebngirg « in arrywis. appertaining thereto, and dl nms, Hausa, proceeds and profits staving and ro accrue from said premises, all d which an included in tM show std f«agoirg dawiption and habardum. TO NAVE AND TO HOLD the show described and granted prerrAses uMO the said MORTGAGEE, its wtcessons and assigrta forever. And the saW MORTGAGOR for _~hB~ * Min, executors, sdministraton and assigns. hereby covenants with the said MORTGAGEE, i» suoasaon and assigrtsi, that ~hsv are Iawfuly seized d the said premises sn fN simpbs that the same are fr«, clear and disclwged fran all pans and asturrtt- banas in law o. in equity, and that_ then will and their Hain shall warrant and defend the thle ro tM name to tM aatd MORTGAGEE, its suoosssors and assigru, f«ever against tlw lawful claims and demands d all pers«us PROVIDED. ALWAYS that ff the MORTGAGOR shall psy umo tM MCNITGAGEE the promissory ntWe hereinbefon daaibed and shell truly, promptly and fully perform, dncMrge, execute, eorrplete, comply with and abide by each and awry the stipubtions. agrNrrteMS, Contdhions and Covertarnts d said promswry rant and d this Mortgage, then this Mortgage and the Estate hereby aNted alteli ease and be null and void. G IS UNDERSTOOD that the word "Nbngago-" wMtha in tM singular « plural artyurl+ere Fn this Morpage, siiaR be singular ff one only and shall be plural jointy and aewraify ff more than one, and that tl+e word "they' as aced anywhere in this M«gage shag be taken ro moan "his," "Mrs„"' or "its," wherever iM aomext a implies « admits. Akio, that wherever there is a reference in the Covenant and agrNmenb Mrein ooMsirted ro any d the partiae hereto, the saute shall be oortstrued ro mean a welt as the heirs, legal repreetrttatives, sutxesson and assigns (either vaktntary by ad d the parties « involuntary by operation d the law) d the same and that the cov«tsnn herein Contained shall bind and tM benefits and advantagae loon to the reepectiw heir, legal npresentatiws, woaasors and assigns d tM partiN hereto. Mel said Mortgsg«s, for tltemselws and their hairs, Isgal reprpentativae, suoce»on and assigro, hereby fointly and sewraly cwentartt and ague to and with tM said MORTGAGEE, its sucasson and assipnr: 1. To pay all and singular the principal and interest and the varian and sundry stnrra d monry P+Ya~ by vktw d veld prattbaory noN, and thN m«tgege, each and awry, promptly on the days rrupectiwly the same sewregy become dw. 2 To peg all and strpvlar the taxes, anessrrtentle, hrvMa, Uabilitia, obligations and rtrtcttrnbnnta d awry nature and kind now on said deavibed property. « that herNfter may be irnpoNd, suffered, Placed. levwd, « sseesaed thereon, « that Ftereafter may be levied err astxeeed upat this Mortg- age, « the MtdebNdrtNe scarred hereby, each and wary, wham dw and payable. aaordirtg a law, before they btconte ddirtgtrentt, and before any Fttenet attaches « any penahy is kttwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL fiE PROMPTLY SAi15F1ED AND DISCHARGED OF RECORD AND THE CtRIGINgI OFFICIAL pOCW1AEPIT (Sl1CH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFK1ALLY ENDORSED OR CERTIFIED) SHALL dE PLACED IN THE HANGS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, satisfied and disdtwged said MORTGAGEE may at any time pay tM same a any Part thereof without watvirg « affecting any option, liar, equity err .iqM under « by virtw d this m«tgage and the full amount of each and every such payment shall be irrrtwdiatey dw and payable and shall bear YttereN From the date thereof until paid at rate d reins per tMtYm Per ~ten~wit~ intM~ II be secwed by tM lion of ih:a m«gtage.