HomeMy WebLinkAbout2659 ~ - 2~Q~zs
THIS INDENTURE. Made tt,e 23~ day of ~gm~r A.D. 19 l,etween
Francis W. O~Brien and Eleanor x. O~Brien, his wifa
af _ .citi. L11C~8 „~Wnty flwida, Mrsinalter deaigna~cd as the ''MORTGAGOR," and FIRST fEOERA~ $AVINGS ANO LUAN
ASSOCIATION OF FORT PIERCE, a corporation org~n~:ed and et~st~ng undar the lawt of Ihe Un~ted Sa~ss oi Mwrica and havinp ib princip~l plac~ of
buuneu ~n tM City o( Fort Pi~rc~, S~. lucie Gounty. Florid~, hertinaft~r draiynated ~s ?M "MOR7GAisEf."
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s.~ good and lawful mo~ey of the U~1ted i
~~atdradvanced by the MORTGAGEE un~o the MORiGAGOR, as ev~danced by a certsin promiuory note of even date herewith, o! wh~th ths followinp in ~
v.ords •od figwes is • trua copy. to-wit: ~
s 18, fi00.00 ~
~-1 T, 667
- Fort Piera. Fbrida, NoveAber 23 19 71 ~
For value reteived, 1, we or either of us, prom:pu to pay, w~thout defalcai:on, to ~he o~der of FtRST FEDERAL SAqVI~NG~S AMD LOAN ASSOCIATION OF ~
~ORT PIERCE at Fort'P,i.erce, Norida, the sum of S-~ v~6~•~ _ wi~h imeres~ from date at thc rote of __S!_l.l~o per an~um, in monthly instalf-
~~rents as lollows: s_ ~ u~!~- on the ~ 9t day of _~1"Ch 19~_ ~nd a like sum on the corrotpondinp dey of exh month thnre-
atter until ~he whole be f~lly paid.
Each insta4ment fint shafl be applied in payment of the inre~est and ~hen on the unpaid balante o! the p~int~pal sum. If d ault is msde in the
pa~mem of a~y installmenr when due, and wch default co~tinues 30 days, lhee at ~he oFtio~ of the holde~, and w~tho~t e.+y other notice, a4 the remaining
t nntallments shall bc due and payable at once. Prfvilege is given ~o prepay this note in whole or in pa~t at any t~r.~e without penslfy. Neither forebet?ante,
~ nor ecceptance by the holder thereof after any default in any payments hereo~, shaR be deemed exrension. A late payrrMnt cherg~ of S 7~~ , fh~ll be
,dded to each instaliment remaming unpa~d 7 days aftcr its due date, and a Gke ium shall be added to each su:h instatlment remaining unpaid 7 days after
. each sutceeding paYment da~e.
Each maker, suraty and endoiser hereai, jo~ntly and severally, wa~ves demand, presentment protest and nohte of protest for nonpayrrKnf, and furthe?
aqrees to any extenswn of fime of paymeN, either before w efter matunty, without nohcc to any o1 us; and to pay all costs of collection, includmy a
~~~asonable attorney's fee in ~he event of any defautt hereunde., and hereby severalty waives a~l benefit of homestead and exemption under the ca+stitutioo
and laws of each Staee of the U~ited S?ates, as sgainst this obligatioa o? any ex~en~ion or ~enewal he~eof.
~ Wirness thp hand and sea! of cach pany.
. s/ Francis W. O~Bsien ~AU
~ r
~ (SEAI)
- s Eleanor . ~Brien ~,,,U
i- ~7 9o ti Stete Revenue ~u
tbtarnpre~weelbd-a~-vriginsl ~+s4e)
NOW, 7HEREFORE, the MORTGAGOR for the purpose of secvring paymcnt of said sum of = t 8~6~~~ ~ and the perfprm~nce of the
` coven~ntt and ag~eenMnts her~inafter expresxd. ~nd for divers yood and wtwble consideretions, by these presents, daea g~aN, bsrysin, sell, remise,
•eieasa, convey and confirm unto the MORTGAGEE, its succeuon and auigns, a11 lhat certain lot, piece p p~rcel of land, situate, lyinp, ~nd be;rg in ths
~ Couney of St'. I'12Ci8 ~nd State of Fbrida, described follows:
_ ~ :
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4
+ ~ Y
I,ot 9, Black 101, PORT ST. LOCIE, SEC?I01~1 25,
; ' as per plat thereof on Pile in Plat Book 13,
` ~ Page 32, of the Public Records of St. Lucie ~
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j together with •11 and singulir the tertemenri, hereditaments ~nd appurtsrxes Nxreunro belcxgirg or ir~ anvwise ~ppsrtainirg thsr~fo. ~nd ~II r~nts, hfues.
proceeds end profiri xuuing and to ucrue from s~id premises, all of which ~re included in the ~bove ~nd fweyt?i~p d~saiption and F?~bendum.
TO HAVE AND TO HOkD the sbove deuribed and yranted premises unto the ~aid MORTGAGEE, in successon sad augro forew?. Md th~ said
MORTGA~ R fa t'he hein, executors, administraton and assignt, h~reby covenanfs with the said MORIGAGEE, its succ~aws ~e~d ~ssip~a,
rhat -~"CS 8~ - lawfully seized of the said premi~et in fee sim le: th~t tFK s~me ~re fre~, c{sar snd d'achar
P ped from dl li~ru u~d ~neuen-
b.ances in I~w or in puity, ~nd that t~Y will and their hein si~sll warrant and defend the titk to thr sam~ ro tM said
MORIGAGEf, ib succe~wr~ ~rd asseyns, forever eyiinat the I~wful claims a~d demands of all perwro;
VROV~DED, AIWAYS that if the MORTGAGOR shell p~y unto the MORTGAGfE the promissay note hereinbefae describ~d ~nd sl»II truly, promptty
and fully p~rform, dixharge. execute, compkte, comply with •nd abide by euh ~nd eve+y the ~tipulatioru. ayreem~nts. cp~ditiwy and cov~nanp pf said
Promiuory note ~nd of this Mortgaye, tfiert this MortyaQe asd the Esute hereby aeeted shsll ce~se and be nu11 u~d wid.
IT !5 UAlDERSTOOD th~t the word "MorlD~or" whethe: in the tirgul~r w plunl anywher~ in this Mbrtppe. ~I~all be sinyuip if on~ only and
shall be plural jointly •nd sever~lly if more than o~e, and that the wwd "their" as used ~nywhere in th'a Mortos~ sF?~11 be taken to m~a~ "his:• •'h~n••
or "its;' wherever the context w implies or admits. Also, tlr~t wherever there is a refe?ence in the coven+nn rnd iyreemsnri her~in oon?~intd to ae~r o4
the partip hereto. the same ~hall be construed to me~n a~ well ~s the heirs, leqal rtpreseN~tives, successon ~~d ~uiqns (eitMr volunt~ry by ~ct ol tM
parties or involunt~ry by operation of the law) of the same ~nd thet the covenann Mrein conuined sh~ll bind and the benefib ~~d dv~ntpes inur~
+o the reipedive Meira, kyal r~presentatives, succeuon and asa~yra of the pan~es h~reto.
And said Mongagon, fp tF~emselves and their hein, kyal represe~tativas, succesaws ~nd auiyro, hereby jointly ~nd reve?~Ily townant ~nd pr~t
ro and with the aid MORTGAGEE, its successors and ~ssi9ns:
1. To psy all ~nd sinp~lar the pri~cipal and inter t~d~tfie various •nd sundry wms of moruY paY~bk by virtue of seid promis~pry rqt~, ~nd tha
mortgape, sach ~rwl ewry, promptly on the day}~tespectively the ume severally becom~ due.
2. To pay all ~nd sinpular the qxes, as ~ nn, levies. liabili~iei, oblipatiorn ~nd ~ncumbrances of evsry n~twe ~nd kind now o~ said d~scrib~d
P~~nY. w thn hereaftN may be imposed, s~ed. pl~c~d, levied, or ~wssed ther~on, or tMt he?e~fter may b~ kvi~d o? ~asesssd upon ihit MpAp.
agr, w tlu ind~br~dnsu ucur~d Fiersby, tach and ~very, when d~e ~nd p~y~bl~. ~ocordiny to I~w. before they becane delinqw~t. ~nd b~fore ~ny irN~rnt
arracF~es a eny penelty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII EE PROMPTIY SATISFIEO AND DISCHARGfp pF
RECORD AND TME ORIGIIvAI OFFICIAI DOCUMENT (SUCH AS, FOR tNSTANCf. 7?1E TAX RfCE1PT OR TME SATISFAC7lpN pAPFR #Fl=lAUY END(?RSED
OR CERTIfIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in tF~e event th~t ~ny th~reof it nof
paid, ss~ sf~ed and diuharged sa:d MORTGAGEE m~y at any t,me pay the s~me a any pan thereof wirhout w~;v;ng p pf(Klifl~ any option, lien, puity a
•~qht under or by virtue of this mortgaye ~nd ?he fult amount of e~th ~nd eve~y such payment shall be immcd~ately due and pay~bk •nd sMll b~ar imerest
~~om the date lhereof until paid ar rate of n~ne per ce~rum per annum ~yg ~h such interest shell be ucured by the lie~ of th:i mor~ipe.
- _ E~~~ ~ fM~,~ 2655
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