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HomeMy WebLinkAbout2740 ~ ~ r 2',~~'78 ~ ~ THIS IN~ENTURE, IWd~ tht 8th day of ~~ber A.~. 19~,. b~N+~n William B. O'Neal end Narler~e O'Neal. his wif• of St. t.i1G~e Cow~ty Flwida, he~tinaftK des~~ated as tM "MORTGAGOR," and fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PiERCE, a cwporation ory~niud and txistin9 fhe i~~i~s_ of IM Unit~d Stat~s of Ameriu and Mvinp its principal pl~a of bu~inea in rh~ City of FoA Piac~. St. Luci~ Counry, fbrida. Mnieah~ d~sip~at~d M tM `MORTG~ACrEE•° WHEREAS tM MORTGAGOR is iwtly indeb~ed w th~ MORTGAGEE in Mw sum of ~ 30~6~•~ ~ood a++d I~wful mawy of the Un~t~d S~ate~ advancad by tha MORiGAGEE un~o tM MORTGAGOR, ai tvidtnced by • cKtain promissory not~ of fvM dat~ htrewitb, of wh~ch tM followinp in words and fi~ur~a ia a trw copy, towit: ' s 30i600.00 r~o~ 3-17~717 wre P+«r.. F~~.. Deceaber e, i911_ Fw vatue received, 1, ws o~ eithe~ of us, promise to pay, wi+Fa~t dsf~lcation, to the o~der of FIRST fEDERAI SAVINqGS~ AND IOAp ASSOCIATION Of FORT PIERCf at Fort Pierce, fbrida, the sum of 30~6~'~ with interat from date ~t the rat~ of7'7"9~ ;~rr ~nnum. ln monlhty Inslal4 menri as follows: = 252.~ ~ t~ lst ~y of AP=il iir 72 ~nd a like sum on the carespa+d~np day of s~ch mo~th tMrr afrer uNil Ihe whol~ be fvlly pa:d. Each insullmen~ firit ihall be applied in payment of tM interest ~nd ~he~+ on the unpaid b~l~nce of ths princ~pa~ sum. If d ault k m+d~ M th~ p3~ment o( sny irutallment when dw, arid such default continues 90 days, then at the optio~ of ths ho~der, and without any other ratice, all tht remaininp ~~s~allmeoh shall be due ~~d pay~ble at once. Privile9e is 9iven ro prep~y this not~ in whol~ w in part ~t ~ny t~me without pec+alty. Pl~ither fwebear~nce. nor ~ccep~anct by the holder thereof sftsr any default in ~ny paymsnts hereon, shall be deemed extensiw~. A late payment cMrye of s~ia.~Q, sMll b~ added to each instai{mem remainirg unpaid 7 daya aher its dw d~te, u+d a like ~um shall be added to each such installment remainirq vopaid 7 days aft~? each succsediny p~ymtnt date. EacA make~, surety and endase? hereof, joinMy and stverally, waives demand, pesentment protest and notice of protest for rwnpayment, ~nd fw.thsr agrees to sny exte:uion of t;me of payr+Knt, either befwe o+ eftcr maturity, without notfce to any of us; and to pay all costs of collectan, includ~np a reasonabk attorney i fee in the event of any default hereundes, •nd FKreby :everally waivrs aIl bens~it of homestead and exemption und~r tF+e cautitvl'an and laws of each State of the United States, as apainst this obt~gation or ~ny eatensio~ a re~sw~l hereof. w~mess tl+e hand ~~d seal of esch party. s/Williaa B. O'Neal cs~?u slNarlene O•Neal ~wU $45.90 ~ c ~ u.~. R~~,~,. NOW, THEREfORE, th~ MORTGAGOR fw tM purpose of ~ecv~ir~g payment of said su~n of s 30,600•~ tl+~ performa~u of tM coven~nts snd sQnements hereinafter expreued. and fw ~ven ~ood and valwbM toniiderations, by thes~ prese~ts, does ~ru?t, barpain, sell, r~miK, release, oonwy ~rd confirm unto the MORTGAGEE, ib wccessors and as~iy~s. ~tl that cert~in lot, piec~ or puoel of land, titvat~. IYirg, and btirg in th~ ~a,,,,y ~ St . Lucie ,na sr.t. ar Fb.id., d.~a?ie.a rdbws: , ~ 2he South 125 Feet of the East 1/2 of the Northwest 1/4 of the Sout~east 1/4 of the Southeast 1/4 of Section 19, 2ownship 35 South, Range 40 Bast; B?~EPTING THEREFROM, all rights of way for public roads and drainaye eanals. i i d 1 - ~ W,. S'T"~ i t ~F~ r L ~ R I uA °~'~cu;s „~~U IH RI''l1EYT t V~- OOCl1M~i"TA~?; P TAX P:•~S•A;:? J~ ~ ?BLE PE~!;.y,~ P,~AEQTME:t ~ _ _ 5 TA r~ _ wwr:_ ~ o = o~c~s~so - -,....,~q' _ r.~c-r, rorius, c~e~ ~r'~'. ~c:; oF ~~s~. s N~ G[iT.QF ![1fE1~YE y r Y O` as Ager:t tot OA(tiitL N. KNOYYL SU~ t P.9. ~a z ` - St Lucie Cou~ry Ta~ Cellector 1R ~ ~ By ~ ~ c~x ~ ~ 4 rcyctFwr with sll u+d sinpul~r tM t~nemtnts, he?edit~menb ~nd appvrtances thereunto b~taginy a in aoywis~ spp~taininp tF~uNo. and dl nnt~, iuws, ~ proceeds and profin aoauirq and to ~ccrw from said premisei, all of wfikfi ue inckrd~d in tht abow and foreparg d~wiptio~ ~nd Mb~ndwn. TO HAVE AND TO HOLO tht ~bov~ destrib~d and yranted paniws unto th~ said MORTGAGEE, its wccts~ora +nd ~ssipns fo?~vN. And 1M s~id MORTGAGOR tw their ~in, ex~cuton. ~dministr~ton u~d assiyro, her~by cown~nt~ with tlw s+id MORTGAGEE, its woauws Nsd atiprr. .t rh~t they a Ze I~vrfully ~e;zed of tFw s~id pnm~s in fse simplr, th~t th~ sarne an frK, cku and discMry~d fram all IMns and ~ brances in law a in ~quity, and tha+ tbeY will and their ~11 wartant a~d d~fend th~ thb b tM s~m~ to the s~W - MORTGAGEE, its sucuuas srw! assipro, for~ver spai~st tM I~rvful claims u~d demand~ of all per~aus i PROVIDED. ALWAYS tMt if tM MORTGAGOIt ~hall pay unto tFw MORTGAGEE tM promiswry not~ hsr~i~befon deurib~d ~nd sMll huly. prornptly u+d fvlly pe~(wm, d~schar~, ~x~cvtt, compl~t~, comply with ~nd abide by ~+cl~ ~nd ew?y th~ stipulatioro, ~reMnenb, aonditions ~nd oov~n~nb of wid - promi~sory not~ and of tha Mwtyape, then tha ARortyap~ +nd tM btate her~by vat~d ~II ctaw and b~ nufl ~nd vad. ~F IT IS UNQERSTO00 tfiat t1w word "Maty+por" wheth~+ in t!w sinpular w plwal anyw4~n in tha Mat~ap~, shall b~ sinpula~ ff on~ only «+d ~ shall b~ plurd joiMlp and s~ver~lly if mor~ th~n oe», a~d that tM wwd "tFKir" u uwd ~nyvrlwn in th's Mortp+p~ sFrll b~ taka~ b m~an "hi~," "iKrs,•• w"in.° wher~va the context ~o impli~s or admits. Abo. lhat wh~rwN ther~ is a refKenc. in ~I+s cown.nn and pr~n.nn har•u+ aomain.d w any of ` tFy pMtin her~to, th~ s~en~ shall be wmtrwd ro rrNan u well ~s tM Min. Ipat nprssentatiws, svaeswn ad a~fpro (~itMr vol~ntary by acf of th~ pa?tie~ a involvntuy by apKation of the I~w) of tl» sarrw and that rh. coven+nn Mrein comained ~hsll bmd .nd rM b.n.fin .nd adv.n+ap.s inw• ro tM rap~ctiw f+~in. 1~1 r~pres~nratiws, s~a~sio~s a~ ~u~in of tFN puti~s hereta - Md s~id AAortyapors, fw themHtws ~nd tt+~i~ h~irs, bp~l rpr~wntativea. suu~swn and usipns, hereby jointly and s~va~lly oovensnt a~d aprN to ~nd with th~ ~aid MORTGAGEE, Ns s~cu~w~s and ~ssipnt: 1. To pay ~II ~nd s4+pular tM principa) u~d interest and th~ vario~s ~nd sundry wmt of mon~y paYabl~ by virtw of s+id promiswrY not~. ~nd this mortyay~. ~acl~ ~nd evKy, promptly on tM days re~pittiwly th~ sarrw swarally beconw dw. 2. To p~y ~II ~nd sinp~lar tM taxa, asNSwn~+t~, levie~. lEabiliries, obl~pations and encumbr~nc~s of ~wry natw~ a~d kind now on said dncrib~d P?cP~?tY, o~ thN tw~~sftM rn~y b~ inpwed, suff~r~d. P~+ud. Iwi~d, or ases~ad tl~wn, or th~t Mnafta may b~ Iwi~d w aa~eiwd upa~ tMt llAort~ +y~. a tFw ind~bt~dn~a wcur~d her~by. ~acA and way, when dw and pay~blt, accwdirg w law, befor~ tMy b~coen~ ddlnqwM, ~nd bsfor~ any MNU~tt ettacF+es a~rry peo+lty is encwred; ANO INSOFAR AS ANY THERfOf IS Of RKORD THE 511ME SHAII SE PROMPTIY SATISFIE~ AND ~ISCHARCsf~ OF RECOR~ ANO THE ORIGINAI OFfICUI DOCUMENi (SUCH AS, FOR INSTANCE, iHE TAX RKEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEO - OR CERTIfIED) SHAII SE PIACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~+d in tfw ~wnt that any therwf is ~of pa~d, s~t"sfied ~nd dischuqed said /NORTGAGEE may at any time pay tM sarne or any paA ?hcreof witFw~t w~iviny w affecti~p a~y option, lien, pvitr or ~ •iqht unde~ a by vinw of this mortyaqe and the full ~mount of each and ~vay ~uch p~yment sMll be immed~ately dw +nd payablR and ~Fall bNr kneru~ hom tl+t dat~ fhaeof until p~id ~t r~te of oirw per «nt~m p~~ •nnum and toye~her w~th such interest aha0 tM Iwn of th'~ morptap~. _ oo ~A~E 2?3~