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Home My WebLink About1169~~~ 18196T ' '? July - ~ AA. 19_~.. betwen THIS INDENTURE. Mad. Ills-- h d+„~ ~~~: ~y~~Qhv_ hi^ rif@. Michael Sheehy ~. ~ St • LUCif County Florida. lesreinafter designated as tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE. • corporation organised and existing under tM level of the United Staten of America and having its pttrecipal plan of buslwsa N tits City of fort Pura. St. facia County, Forida, hareGeafter designwted as the 20 T000a DO WHEREAS tM MORTGAGOR is fusty inedabted to'tlea MORTGAGEE in the sum of ~ ' .good and lawful money of tM United 3rabs advanced by the MORTGAGEE unto tlee MORTGAGOR. ss wideread by a certain promissory note of even dab herewith, of wl-ith the following in words and figures k a true copy. to~wh: No 15.801 ~-~o.ooO.oo July 9, )v~_ Fort Pierce, Florida. For value raoeived, 1, nre a either of us, promiw to pay. without defalcation, b tM order of FIRST FEOFRAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Piero, fbrida, tM wen of ~ ZO a 000.00 with interest from date at the rate of 7.5% per aeueuer4 in mouthy ietal4 enMts es follows: i 1~ • ~ on the 5th d,y ~ OCtOb@Y iq 69 and a like sum on the oorrespordirg day of ends month tlesre- after until the whole be fully paid. Each installment first sluff be applied to payment of the interest and then on tM unpaid balance of the principal sum. If defwh b made M tM payment of any installment when due, and such defauh continues 30 days„ then at tM option of tM holds, and without any other notice, all the reeruining irestatlments shall bs due and payable at once. Privilege is givM to prepay Chia nob in whole a in part at any Puns without penalty. Neit~ 4orebearanece, t charge of ~ .shall be nor aoctptance by the holder thereof after Grey defauh in any payments hereon, shall be deemed extsroion. A lab paymen y d.ya sfhr added b each installment remaining unpaid 7 days after its due date. and • like sum shall be added b each such installreeent remairurg unpaid each ,ucpedirg payment date. Each maker. surety and endorser hereof, jointly and swaraily, waives demand, presentment protest and noYece of protest for npepaymsnt, and further agrees b any extension of time of payment, either before or after eruturity, without noYece ro any of us% and b pay all nests of collaetioee, including a reasonable attorney i fse in tM event of any defwh hereunder, and hereby wwraly waives ail benefit of homestead and exempYeon under tM coresNtution and laws of each State of the United States, es agaieest this obligateon a any extension a renewal hereof. /~ -^ - = ~ ~ - Witness tM heed and seal of each party. u5 1Dor s Sheen - fsEAU ~EA~~ r $30.00 )Stab Reverses _ (Stamps weoalled on original note) NOW. THEREFORE. tM MORTGAGOR for the purpose of securing payment of said sum of ~ 20.000.00 ,and tM psrformancs of tlett covereanh and agreements her~uufter expressed, and for divers good and valwbls eoruideratioees, by these P~nn• elves grant, bargaiee, sell, remise, release. convey and ronf'erm unb tM MORTGAGEE, its wooessors aied sssigees, all that certain lot, piss a penal of fared. sitwb, lying, and being in flee County of t L e -and Stab of Forida, deaa~ed a fellows: - Lot 2, Block 32, RIVBR PARK, Unit 4, according to the plat thereof on file in Plat Book ll, page 9, Public Records of St. Lucie County, Florida, ~ f}-. DCCUt`1ENTAn ~`~TF„~~ T;,X ---- 2 '% ~ filiilii69 ~~~~~~~~~ N U _ ~ O O o C K `'~ ~~ - O PTROLLFA ~- ~vP -- '+C' !'f*A°iG1IilL ; E"S~:i'~l ?°.')lER1Y. /Ut;~T TO Cl1;P:"R 2u7?:, :i^:S OF llil. POG~R a~l,r,~.s, cl~-k Gireu:l Ce~d lK Ags^t f~l DAf:f`l fr'. KtiOWLES, 1R St Lucie County lax Collt:cttx together with all and singular tlee tenements. Mrediraments end appurtances tl»reureto belonging a h anywise appertaining tMrNo, .rd all rents. issues, proceeds and profits sccrvieg and b accrue from said premises, all of which are inchrded in the above and foregoing dssaiption and Mbsnwfum. TO HAVE AND TO HOLD the above desuibed and granted premises ueeto tM said MORTGAGEE. its wocessors and assigns forever. Mel the said MORTGAGOR fa th@ir ~ Mira, executors, administrator and aasigen, hereby covenants with flea said MORTGAGEE, its wocessor and asslgrr. tMt thMV aces lawfuly seized of the said premise in fee sYrepbj that tM saute are free, des and ~sdearged from aN INra and erecetn- trances in law a in equihr, and that- they will and their hairs shall warrant and defend tM tHM b the sense to tM said MORTGAGEE. hs wocessors end assigns, forever agairot the lavvfvl claims and demands of all parwnat PROVIDED, ALWAYS that ff tM MORTGAGOR shall pay unto the MORT(AGEE the pramisswy note hereirebeforo desvibed and shall 1n+lY, proerepfly and fully perform, fiisdeargs, ezaarb, complete, torreply with and abide by each and every tM stipuletiorea. agraeereeMS, conditions and covenants of said promissory rests and of this Mortgage, than this Mortgage and tM Estate hereby seated shall claw and be rwll and void. - IT IS UNDERSTOOD that the word "Mortgagor' whether in the singular a phrral anywMr~ in this Morrgags, shall be singular ff one only and shall be plwal jointly and wveraly ff more than one, and that tlea word "their" a used areyesrMn in this Allortgage shill bs taken b mean "his." "leers," a "its," wMrewr tM context so implie a admin. Abo, tMt wlwewr then is • reference in tM cownaneM and agreenreenb herein contained to any of rice pantie Mreto, tles sarree shill be aonatrued b moan as well as flee heirs, bgal ropresentativss, waessor and assigns (either volltMarl/ by ad of tlee pantie a imoluMary by operation of the taw) of tM same and that tM oovensnts herein caetairead shall bind and tM berwfnts and advantage Kure b the respective heirs, legal represaetatieres, successor and asslger of tM pantie leereto. And said Mortgagors, for tleeerewlws and their heirs. legal nprewntative, successor and asaigm, hereby jointy and severally wverunt aced agree b and with the said MORTGAGEE, its wocessas and assigns: 1. To pay aN and singular the principal and interest and the various and sundry sums of moray payable by virfw of wW proneissory nob, and this morgag., each aced awry, prompty on the days rwpaKtivey tles sarree wveraly becaree due. 2 To pay aN and singular the taxe, ~ Mvias, IiabilNiaa. obligations and anurrtebrareces of awry nerves and kind now on said desv~ed property. or that Mreafter may be imposed, suffered, Pl+oedl levied, a assessed thereon, r~tM~seafbr~ beoones dffingwntbefors any Mterw ergs, a the Nedebbdrrsa secwed hereby, each and wwy, when des and payable, aaordinp attaches a any penalty is Mearrred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALL dE PROMPTLY SATISFIED AND DISCHARGED Of RKORD AND THE ORIGINAL OFFKIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL sE PLACED IN THE lfAtr06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTt and in tM want that way thereof b nor paid, sat:sfwd and discharged said MORTGAGEE may at grey tines pay the same a any paA tMreof without waiving a affaetieg any option, lien, aquiry a .iqM under a by virtw of this mortgage and the full amount of each and every sudti payment shall be immediately des aied payable and shall bear heterest kom the data thereof until paid at rate of nine per centuete par annum and bpether with such interest shall be sscwed the lien of this morgtage. a~K1~7y ~~~~~~