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HomeMy WebLinkAbout0001 . ~ 2'1~438'7 THIS INDENTURE. Made the ~~th d~y of JUly . n.o. t9~L~ brtween ' James J. Kearney and Helen F. Kearne.,,y, his W ife St Luc ie ' ' of • Cou~fy Flarids, htrein~ftN designared a~ thi 1'MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ; ASSpC1AT10N OP fORi PIERCE, a torpora~ion orpanized and exi~tinp under 1he laws of tM United Stat~s of Hmetica and havinp ifs pri~cipal pl~c~ of busin~:s in tM City of Fort PiKC~, St, lucie County. Flo?id+, herein~fttr d~siynated as th~ "A4CIRTGAGEE.° WHEREAS Ih~ AAORTGAGOR ~s justly tndebted to th~ MOQTGAGEE in ths sum of i 20~~~•~0 good a~d lawiu~ money of ~he Unl~ed ~~Srares advanced by the MORTGAGEE un~o the MORiGAGpR, as evidenced by ~ ce~~aio promissay nole oi even date herew~th, o( which the followinp in wo:ds and f' ures is a trw copy. 1Pwi1: ~ , s 20,00~.C?a ~ ~ 3-t 7,215 a Fort Alerc~ Flo?ida. JlL1.y ~ 6 19._L_ ~ Fa vatue r ived, 1, we a either of us, y ete promise to Fay, wilhou! defalt+tion, to 1M order oi FtRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORi PIERCE at Fort Pierce, Florida, tht sum of S 20•~~~ with interest from date at the rate of ~~°,+'o pe? annum, in monlhly instalt- l~ ~~,enrs as follows: S ~ 65• ~ on the ~ 3t day of NoveMbe r, 19~_ and s lik~ :um on t}a correspa?dirg day of each month there- ~ atrer uMil ~he who~e ba fully pa~d. , y Eath instalimtnt iirst shell be appGed in payment of the interest and then an the unpaid batance of the pri~dpal sum. !f defaYlt is msde in Ihe ~ ;:.~yment oF any insrallmenl when dve, and such default continues 30 days, then at the option ol the hotder, and withou? any other notice, all the remaining = ~nstallmenh shail be due and payabte at once. Privilege is given to prepay this rate in whole w in part at ~ny time without penalty. Neither laebearante, C nor acceptance br ~he hotdcr thereof a(ter any default in any paymenh hereon, shall be dee~xd extenaion. A tate payme~t chsrge of = 8•2 ahall be added to each insrattmenr remaining unpa~d 7 days after its dw date, and a like sum shall be added to each such installment remaining unpaid 7 deys after ~ ea~h wcceedi~g payment date. Each maker, surety and endorser hereof, jo~ntly and severally, waives demand, presentmenl protest and notice of protest fw nonpayment, and further ~ agrees 1o aoy exteos~on of time of payment, either before or aftm matui~~y, without not~~e to any of us; and to pay a!1 tosts of co;lec~ion, includ~ny a r~~asonable attor~cy"s fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitulio~ a~~d lawt ol eath Stare of the Ur+ited Sratrs, as against this obligation or any extrnsion or rtnewal hertof. ~ W~tness the hand and seal of each party. ~ ~ / Jame s ea ~~U csewu HeI earne ~~U : ( W30•~ 1 stste Revenw ~ ~S7Qli1~ ~C 20 O~Q NOW, ?HEREfORE, the MORTGAGOR fo~ tFx purpose of srcuring p~yment of s~id sum of S s • , ~r?d the perfwmance of th~ covenann and agreements here;natter e~cpressed. and for divers good ~nd valuabte consider~tions, by these presents, does grant, baryain, iel1, ~emise, retease, convey and confirm unto tha MORiGAGEE, iri succeuor~ and auigns, all that certa+n la, piec~ w parcel of land, tituate, lyin9, and being in tl+~ County of Jt • Luc =e and Stats of Fbr'~da, dewibed ~s follow~: ~ , ; partfon of Lots 8 and Block 3l~, as shoirn in River Park, Unit )t, as record~l i,n Plat »,.Fage 9, of the Fuhlic Records of St. Iucie Camty, Florfda; being more particularly de s c rib4d as f ollars : ,o~ao~ence at the intersection of the Kortheasterly right-of-a~y lir,e of ~aprotza Avenue and ! he ~ ~heas~,erly right-o; -*raq line of Tranqu~.l.a Avenue, as sha~m on said plat of River :'a:ic~ Un1.t l;; thence rut~ North 1.~1° 14~ East alcmg the Southeaster2y right-ad'-~ra,~t 2ine of ; a i d Tranqui,2a kvsnex~, 110. K2 feet, to the point of begfnning; thence run south le8~ !~6 ~ ~~<~~t for a clistar~ of 1l~0 teet, La a point; thence nm Worth 1~1° 11~+ Ea,st for s distance ~~`3 feet, Lo a padat; thence ivn North ~t8° 46~ West for a distan~ce of 140 feet~ to a ~ cint on the Southeaster2y right-c~f-x~y line of said 2ranquila Av~en~; thence run South :t° t!~' ~est along the Sautbeasterl,T right-of-x~y lirtie of said Tran~quila Avenue, 103 feet, L~:n oinL o'_' n.eginnin~~ S~id Tract cont~ining .?3 aeres~ eaore or less. ? ~ = J ~ ~ ~EIIT OF TAXEt ouE oN cuss ~c ihr~cie~ ~~o~ ~n, i P11RSl1ANT TO CFiAPT: R 2072~, ACTS pF 19{l. W ~~1 AT ~ aF ~ L O~-t 1!~ ROG~R P01'; AS, Cler(c Circuit Cou~t ~ ~ oocuM~r.ia~~~_sra~P -ss ~ z ~s llgert f:t ~".t:l-'_ N. Kf!Ly~IIES, JR ~ v ~ ~t2~'n ~ t ~.U(1: CGy t~ C.C~`i~.`if ~ _ - 3001= ~ OEiT.6f RiYE?.;fE - • w _ _ _ I~%"v Q4.14011T ` ~ - _ ' i%~ Q~~iti ClE3K ~ogetMr w~rA •II a~,d tingulsr the ten~mcnn. heredit~mtnt~ ~nd appu?t~~ces fh~reunro belagin9 a in ~nywiae appait~ir~inp tMr~to, ~nd ~II rints, iuwi, woceeds and profiri aa~u~ng and to accrue from s~id pr~mises. all of which are included in the abov~ and fapoiay dewiption ~~wd MbMdum. TO HAVE AND TO HOtO th~ above drscribed and ranted y premises vnto tM ~aid MpRTGAGEE, itf suc~essws u+d assiyns forev~r. And th~ sald th~ir v!ORTGA R for he,rs, executon, adm~n~s+raras and •ui9ns, hereby coven'snts w~th the said MORTGAGEE, its wcceason ~nd s~sipro, '~+t --~E''}- law(u!1 seized o4 tM said Y prem~ws in fee simpl~: th~t t1r sam~ ~r~ irN, cbu and dixhu~d iran aIl (wns at+d Mcw~? Lrancy in I~w p ia puity. ~nd that {'}`e3'' wi11 aod the ir hei~s tMll w~rrant and d~itiul th~ tittt to tM sarM fo tM aaid MORTGAGEE, ira uiccessors ~nd ass/yns, fw~ver ay+irut the lawful claims and dema~ds of ~II perwns; • oROVIDEO, ALWAYS that if ~he MpRTGAGOR shall pay u~to the MORTGAGEE the promissary note her~i~beiw~ describ~d and ~hall truly, p?omptly ~nd fully pertorm. d~scMrye, e~eecut~. complete. comply with ~nd ab~de by each ~~d ~very the ttipulations. ~yreements, conditio~s ~~d cownanh of s~id ' prom~sw?y ror~ u?d of rhi~ Mortyaqe, therr this Mortyaye ~nd 1M Est~te her~by we~ted ~hall uas~ and be n~ll and void, lI IS UNDERSTOOD th~t tlie wwd "Mort~~w'• whNhtr i~ tht t~ngular or plural ~nywher~ in this MortgaQs, ~hall b~ sirgvlii if o~e only ~nd sh~ll b~ plural 'pintly ~nd ~ever~lly if more than one, and tMt the word "tl~eir" ~s used anywhere in this Mortpp~ shall be t~ken to mean "his:• ••htrs•, or "in:' wl»~~vv the context so impliet w~dmirs. Also, that wherever there it a rtfpence in fhe coven+MS uid ~preements herein cont~irnd to ~r?y oI - rhe puties haeto, fhe s~me ~MII be corutrued to mean ss well as tM hein, le9al rep~esentativa. wcc~sson ~nd ~ssiQr» (either volunt~ry by ~ct o( tl» partitf or involuntary by operation of tFw law) of the s~me and that the covenanis fwre+a-conuined sMH bind and rl+e b.n.fin ud .dv~nrapp Fnw~ ro tM re~p~c~iw he;rs, kyal r~present~tivn, wcceuws u+d ~u'yro of the parties h~r~to. And wid Matyagon. for thems~lves ~nd thei~ hein. 1 r ~y ebp join~ly ~~d Nver~lly cwe~ant and ~yr~e ~ leya epresentatives, sutctssp~ u?c! ~u' ns, her *o ar.d with tl+~ w~d MORTGAGEE, in successors and a?sigru: 1. To pay ~II ~nd ~irgul~r tM principal ~nd i~tersst and tht vario~s and wneky ~um~ oi money p~rabt~ by vi?tue of said promiawry not~, and tAb mwrpape, ~ach and e+nry, promptly on the dayt respativtly tM iar~ asvtrally becoen~ dut. 2. To pay ~II ~nd s;rgvlar the ta:es, asse~smenb. Mvies. li~bilit~, oblipatiw~s and encwnbances of every natwe and kind now on iaid d~wib~d D~op~~~Y, or th~t he~eafte~ maY b~ ~mposed. suffered. plxed, bvied, or ausaied tMreon, a that hereaftK may b~ Icvied o~ ~sseu~d upw~ t1~is INortg. +9~. a fhe ind~bred~~e~s Kcur~d he+eby, e~cA ~nd ~,r~ry, wMn dw ~nd payabl~. ~tcadirg ro I~w, bfw~ they becane delinqwm, ~nd b~fon any IntKN~ esrathes or •ny pe~alty is i~c~rred; AND INSOfAR /45 ANY THEREOf IS OF RKORD THE SAME SNAII sE PROMPTIY SATISf1E~ AND DISCFIARGED OF ~ RECORD AND THE ORIGtNAt OfFICtAt ~OCUMfNT (SUCH AS, FOR iNSTANCE, THE TAX RECfIFT OR 1HE SATISfACIlON AMER OFilC1A11Y ENDORSED QR CERTIFIED) SHAIt 9E Pl/lCEO IN iHE NANDS OF SA~O N10RTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the event IMt ~ny tF~~of is rwf ps~d, iat ~fied ~nd d~scharged ss:d MORTGAGEE may ~t any t~me pay the s~me w any pa?t thaeof without w~ivinq w affectiny any option, lien, equity p '.ohr unde~ a by vinve of this mor?gaye and the full amount of each ~nd every ~uch paym~nt shall be immedi~tely due and payabk ~nd sMll bex interNt ~.om ~he date thereof um~l pa~d ar rare of ~fne per cemum per ~nrwm ~nd to9ether wnh s~ch interest sha~l be secured by the Ilen of th's morqtp~. 6~oK195 ~ i ~ - -