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HomeMy WebLinkAbout1746 ~(:5<.~U3 ~ ~ THIS INOfNTURE. lWdf rh. 23rd d,Y ,f Februa z~, . A.d. 19~~ .~r~~~ ~ Alphonse I.. Donnelly and l.illian R. Don#,~gl~,~v~hi~. wife ~ ~ of St • Z.I~Cl@ , Cpynfy Ftorida, hH~inaft~r d~ig~+~ed ai tM "MORTGAGOR," ~nd FIRST FEOERAI SAVINGS AND IOAN r ASSOCIATION OF FORT PIERCE, a capwat~on wpanis~d a~+d sx~i~irg unde+ th~ t~wt of tM Unircd St~~~s o! Ame+7cs ~nd havinp its principal pl~c~ of buun~ss tn tM City of Fort PiKCe, 51. lt?ti~ County, Fbrida, iw~tioaftN d~sprut~d as tM "MORTGAGEE:' ! WHEREAS ~M MORTGAGOR is justly indebt~d to tFk MORTGAGEE in the sum of , good a~d lawful maney of the Un~ted f Srates ~dvanced by the MORiGAGEE v~to tF+e MORTGAGOR, as evidenced by • cerum promisswy note of even dare herew:th, of wh~sl~ the lollowiny in ~ Kwds and iiqure~ i~ a frw copY, to-wit: i 4r4~-~ 3_16~8d3 fo?1 Pierc~. Fia~da. FebruarvT23~ tv?L Fw vaive received, I, vve a either o{ vs, promise to pay, without def~lcation, to ?he order of FIRST FEOERAt SAVIPlGS AND IOAN RSSOCIA~ION Of ~ FORT PIERCE at fwt Pierce, Flwida, the wm or ~ 4~4~•~ with intereat from date at the rete of 8. Soo per snnum, in ma~rhtv insraN- ~~,r~rs aa follows: S 44•~ - on t!?e 15Lhd~y of Aeril , 19_ 71 a~+d a tike sum on the co~respond~ng day o1 eath mo~th thrrs- a+rer until the whole be f~~1y p,~t~. Each inseallme~t first shall be ~pptied in payme~t of 1he inte?est ~nd th~n o~ the ur.paid balance of the pr~nc~pal sum. 1{ de(a~k is ma~! in th~ E~atimeM of any f~s+allment wFxn due, and such def~vh continues 30 dayf, then at 1he opt~pn of ths hoider, and withaut any other not~cp, all the f~+naini~ ns~aitments s1~a11 be due and payable at onte_ Paiviley~ is Qiven ro prtpay this note in whole w in part al any time without Fenalty. Nei~her forelnnerant~. ( i ner acceptance by fhe hol~r thereof after any default in ~ny payme~ts hcreon, shall be deemed extension. A late payme~t charg~ ol Sa ~ 20 fhall ~ ~dded to each instal~me~t remaininp u~pa~d 7 days aftsr ia dw d~t~, u+d a like ~um shall be added to each s~ch insiallment rema~ning ur.paid 7 days atiar ~ach succeeding paYmenf dafe. ' facA maker, svrety artd entforse~ hereof, jantly and severally, waives demsnd, preuntmpnt pro~est and no~~ce of protest for nonpayment, a,~d (urther ag.e•s to any ex+ens~o~ of nme of payment, eithe~ befo~e or aft~t matur~ty, without nottce ?o any of us; aod to pay all :ost~ of conect~en, inc~~d~n9 a rresonable attorney's fK in tha event of any defauil hereundtr, end hereby :everally we.ves a11 benefif of homesfead end exempf~on under tF+e conslitution a:~d law•s of each State of the United States, as against this obligatan or any eatensan w renewal hereof. W~:ness the hand and seal of each party. ' S,(A,1pbLlPse L~ Dr~nnE?17 v ~py • ~ r n • - . , ~AU : ' - _ ~ ~ ~ ; S/Lil lian R _ Dn n ] v ~SEwt) 4 $6.60 ~ s,at~ a~~~ _ csewu iir~ryt wa~Ne~ se s~pirr?~») ~ . NOW, THEREFORE, the MORTGAGOR /w th~ purpose vf s~cvrinp paYenent of, said wm of S 4• 4~ „ snd tMe perform~nce of ihs covenants and igreements IIlfCiMFtN expeued, and for diwss pood and v~lwbli tons~der~t~ons, by theie presents, does gr~nt, barya~n, sell, ~em~se, ~e!ease, convey and confirm unw the MORTGAGFE, its successors ~nd ~ui9~s, ~II th~t ce~tain lot, piec~ p pucel of land, situate, lying, and beiny in tM ~~„~ty ~ St. L.11C1E , and Sut~ of Flwida, d~scribed ~s folbws: Lot 11~ Block 2, of PARADISE PARK ADDITION, according to a plat thereof recorded in Plat Book 8, at page 36~ of the public records of St. Lucie County, Florida., t~ rs~~:~o sFC~t~ DUE ON C(ASS ~ INTANGIBlE pE PAYMp~ pF TAXft ' ^ RUG~~POIT ~ER 20724, ACiS~p j~~ERi1i, r.~ C v!-t l U a ~ Cleri~ Grcu~~t Coud u, , S~ 1 A jAQ ~5 ; AMP ~B~M fot DAp1El N. IUyQ~,y v r- pOCUMEN ~ St Lucie Cot~nty T~ JR = ~ Coll j 3 = MR3 71~-`.~~-1: - 6 6 Q~ ~Ol Vj i / ~ ` ~ 1~~ _ ~ ~ ~ ~ r U ~pjROILE„ ~ ~ ~ `n PD.~'~~3e ~x ~ t ~oqe~her with ~tl ~nd singul~r the t~nement~. Acreditam~nts and appurt~ntes thereunto b~lonpiny w in anywise appertainirg t1+Ntto, and aU renri, isswa, i p.oceeJs and p?of~n acuuinq and to ~caue from said premisas, sll of which ue included in the abov~ ~nd forpd~y description ~nd habtndvm. ' e TO HAYE ANO TO MOtD th~ sbow desaibed snd yranted premises urtfo fhe said MORTGAGEE, ih wccessws and issipns fwever. Md t!w s~W their K~ORTGAGQR iw 1~eir~, exctuton, adminntrafora and iuiyns, hereby covenanb with the s~id N10RTGAGEE, in wccesw~s and assiym, rhar - g-- !awluli seized of tFwe said thev dI y p~e,ruies in f~ simple; tMt tf+e same ~~e ine, ckar and disch~rped from all liens and ~ncwm b.ancea in !aw a in eq~ity, and that th~ will and thei r hein ah~ll wxrant and defcnd th~ title to tht sam~ to the ~aid ~1AOttTGAGEE, in successws ~nd usiyns, fwsver s9ainst tM lawful claims and demaMh of ~11 penoro; PROVIDED, AIWAYS that if the MORTGAGOR ihall p~y unto tFw MdRTGAGEE tFw promissory nott htr~in6efo?e described and ahaN trvly, promptly 6~ fVII~1 ptflplT. d:sch++yr. eaecu~e, compl~fe, comply wi~h and abide by each and ~v~ry fh~ stipulaiiorn, ayreements, conditions and coveoants of said prom~saory ~ot~ ~nd ot thi~ Mortyaqe, then thi~ Mwt9ape and the &tate hereby ve~ted shall uas~ ~nd be null and wid. IT IS UNDERSTOpD that tM wwd "Mortyapor' whether in tlw s~rguler or plwal anywhert in this Mortppe, sf?~II be si~pul~r if on~ only ~nd •haif be pl~rat 'pi~tly ~nd tsvnally if mort tMr? on~, and tMf tM word "tMir" ~s v~ed anywhere in this MortpsQe shall be taken Io mean "his;• ••h~rs,•• w"in;' whe.eve~ th~ contezt w implies p admin. Alw, thst whsrevp ther~ is • referenc~ in the covenants u+d ~yr~ements herein cont~ined lo amr of ihe p~.ties MrNO, tht ~xns shall be corutrved to m~an » well th~ hein. Ip~l rtpresenfativet, sutuuon and auiyM (eirhe~ volun?ary by ~ct of tht pa.ti~s a invofuntuy by operatio.? of the I~w) of the i~nt a~d tMt tM covenants herein cont~ined shall bind and the benefit~ ~nd advant~p~s i~w~ *o tF?~ re~pectivs hein, Ipa) represent~tives, wcusson M+d au~yro of tM parti~s herdo. Md said Mort9~pon, fa thems~lves and their hein, lapd rspres~Mativp, succetsors ~nd saigns, hereby joinrty ~nd teverally covenaot ~nd apr~t +o ~nd wirh the said MORTGAGEE, in sucuswrs ~nd ~uipro: 1. To pay ~1) and sirgular the p~inc;pal snd interest snd the r~rio~s and wndry wms of moneY paYablt by vinue of said promiaay noh. ~nd thfs n+ortyape, uch ~~d ~very, p.omptly on tFw da~n respact;vely tFw sam~ wv~r~lly bsc«ne dw. 2. To p~y all and sinpvl~r tM ra:es. ~s~un~nn, Iwi~s, li~bilitia. oWigatian and ~ncwnbr~ercts of every n~rur~ •nd kind now on fa;d drsnib~d p.op~rty, a tMt Ixreafter rn~y be imposad, iuffered. Dlacsd, Iwi~d, a~nes~ed the~wn, a that hereaf~er may b~ lev~ed or us~ssed upon this Mwtp~ •ye, a tM ir~bted~ess aecur~d her~by, ~ach aod ~very, wMn dw and p~yabb. ~cco~dinp ro law, before tF~ey becomt delinque~t, ~nd b~fw~ ~~y intN~st sttaches or any penatry is incurred; AND tNSOfAR AS ANY TMfREOF IS OF RKORO THE SAME SHALL 8E PROMPTtY SAiISfIEO AND DISCHARGED OF RfCORD AND TME ORIGINA~ OFfICIAI OOCUMENT (S(KH AS, FOR INSTANC~, THE TAX RECEIPT O!t iHE SATISfAC110N PAPER OFfIC1AlLY ENDORSED OR CERTIFtED) SHAII SE PlACEO IN THE NANOS OF SAlO MORTGAGEE WITH:N tEN pAYS NEXT AfTfR PAYMFNT; ~nd i~ the erent thaf any thereof Fs nw pa,d. saf'sfied ~nd diuharqed fa:d MORTGAGEE may st any time pay the iamt w sny psrt thertoi without w~iving or af(eding any optioe, lien, equity ot •+aht under a by virtue of this mortg~ye a~d the full amo~nt of esth an~d every such payment shall be immediateiy due and payable ~nd shatl bear interest ~•om the dare thereof unril paid ~t rate of nine pe~ centvm ptr ~ R and togerher with such interest shall be seeured by the lien of ~h:s mayt~e. eoo« 190 174z - - ~ ~ Y ~ 4 = - - ' . .xy_