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HomeMy WebLinkAbout1688 ~ 236i85 THIS fNDENTURE, N4d~ the 23rd ~y o~ AUgUSt q,D. 19 72 b~tween O. L O'Brien and Ruth B O'Brien his wife ~ ~ p( St . WC 1Q Cp~~ty florida, hereinafte? des o~ted ~s th~ "MORTGAGO4," and FlRST iEDERAI SAVINGS AND IOAN ~ ASSOCUTION OF FORT PIERCE, a torpaatan wpa~ized and exi~ting unda tM laws of ths Unit~d Sut~s of Ame?ita end havinp iti printipaf place of ~ buunsu in tM City of Fort Pi~rn, S~. l~ci~ Covnty, Floreda, herein~fisr d~sipnated as th~ "MORiGAGEE:' WHEREAS the MORTGAGOR is jvstly ir~debted ro tM MORTGAGEE in th~ sum of = 9~ 000. 00 , g~ and lawful money oi the Un~ted ~ States advanted by the MORTGAGEE unto the MORTGAGOR, as evidenced by a tertai~ p?omiuwy note of even date herew~tt+, of wh~ch the followiny in words and iigures is a trw copy; to-wit: i s 9, 000 . 00 t,~, 10018712 Fort Pierce, Flaida, _ AU9u5t 23, 19~ Fw value roceived, 1, we w eitF~ of us, promise to pay, withouf defalcatia?, to the order of FIRST Ff~ERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE at Fprt pierts. Fbrida, the sum of : 9~~~ • 00 vvith intereat from date at fhe rate of 7•$°,o per ~nnum, in monthly install- ~ ~ents aa foltows: Z84, on fF~e 1St ~y of Oetober ,~q 72 and a like sum o~ the cwrespond~og da; of each month there- ~ afur vNil the whole be fulty paid. Fach installmenf fint shal) be appllcd in p~yment of the interest snd thcn on the unpaid balancc of the princ:pal s~m. If d avlt is mad~ in the paymem of any installmeM whe~ due, and such default continues 30 days, then at the op~ioo of the hotder, and without any other ootice, all the remain~ng ~ ~nsrallme~ts shall be due and payable at once. Privilegs is given fo prepay ihis note in whole o~ in pa~t at any ttme without penalty. Neither forebeera~ce, _ ~ nor acceptance by fhe holder thereof alter any defauh irt any paymems hereon, shall be deemed exte~sion. A late payment charge of ~ 4• 2O , shall bs ~ added to each installme~t remainirg vnpaid 7 days after ih due date, and a like sum shalL be added to each such installme~t remaining unpaid ~ days aiter . each tucteeding paYmeM date. ~ Eath maker, surety and endwse~ hereof, jointfy and severalty, waives demand, preseMment profesl and notice of protest for nonpaymeM, and funher ` agrees fo any extensan of time of payment, either before w after maturity, without not~ce to a~y of us; and to pay all costs o( collec~ion, indud~rq a reasonable attorney's fee in the event oF any default hereunder, and hereby severally waives atl benefit of homestead and exemption under the constitufion and laws of each Stafe of the United States, as agairut this obligation w any extension w renewal hereof. ` Witness the hand and seal of ~ach party. T` s~ O. L. O'Brien (SEAL) \ s/ Ruth B . (X) 0 ~Brien ~A~~ cs~?u 1~lark tseau ~ ~ $13.50 } State Revenvs K (StaArp~ostitlac~oa~i~~aof+e) ~ NOW, THEREFORE, the MORTGAGOR tor the purpose of secvring payment of said sum of s 9• 0~• 00 , and the perfone,sncQ o~ the covenants and agreements hereinafter expreued. and for d'+ve~s good and valusble ca+siderations, by the~e presehts, does grant, baryain, scll, rem~se, release, convey a~nd confirm unro the AhORTGAGEE, its uxcessors and assigns, all that certain iot, piece or parcel of Iand, situate, lying, and being in ths County of St , Lucie ~ Stats of florida, desaibed ~s follows: Apartment III-IOl, of IiVLET HOUSE CONDOMINIUI?f APARTP~NTS, BUILDING NO. III, a condominium, according to the Declaration of Condominium recorded in O. R. Book 199, page 623, of the Public Records of St. l.ucie County, - Florida, TOGETI~R WITH all of its appurtenances according to said Declaration. - STATE oF FLO~ttIJA _ ~ ~~rao,~ sraMP rAx_: _~wZSn i 3 5~~ o.: ar a~ ri ~ t~i~ v arr.a ccrcac ~ ~ 111~~~ P.B.~~o~~: ~ - nrtN~cau~ s of »i~.~~- p~asuni+i tc d~R na~ ~ O~W~T~ A. UK~ M. C~1tK C~~ together with att snd singular fhe tenements, hereditaments and appu~tances thereuMO btlaginy w in anywise ~ppeAiining there% and all re~ri, istues, proceeds and profin acuuing and to xcrue from taid premises, all of which are includsd in the ~bove ~nd fore9ang dssuiption s~d habendum. ~ 10 HAVE AND TO HOID ti~e ~bove desvibed and qnnted premixs u~to the said MpRTGAGEE, ib successors and auiqris fw~rsr. Md the aaid MORTGAGOR for t he ~Z ~},~~n, executon, adm~nistr~tors and ssiigns, hereby covensnn with the said MORiGAGEE, i?a succeswn ~nd aa~pro, ~hat .~~V are lawfully seized of th~ ssid premiies in tee simple; that the same ~re iree, ck~r ~nd dixharged from a8 liern and encwn- brancei in Iaw o~ in equify, and that they wil! ~nd tt261Z hein shall warnnt and defend the titk ro the iarr» fo tht said MQRTGAGEE, its iuctessors and ~ui9ra, forever sy~inst the Iawful claims and demsnds of sll penons; PROVIDEO, AlWAYS that if tM MORTGAGOR shsll pay unto the MORTGAGEE the prorti~ssory note hereinbefwe dexribed snd shall truly, promptly and fully perform, discherge. execute, compkte, camply with and abide by esch ~nd every the stiputa~ions, agreements, conditiom a~d covenant~ of said p.om7asory note and of tMis Mo?tgaye, then this Mortgaye and the Estate hereby ueafed sFwll cease and be null ~r?d w~d. IT IS UN~ERSTOOp tMt the word "Mwigsgor" whetl~er in the :ingular or plwsl ~nywhe?e in tF~is Mwtgaye, shall be sinpulu if or,e only and shall be plural jointly and sevaally if more than one. ~nd that the word "their" ss used anywhere in this Mort9s~e sh~fl be taken to mean "his:' '7~en,•• or "ir:;' whereve? the context so implits or adm;ts. Also, that wherever there ii s reference in the covenann and agreeme~ts herein contained to any of rhe parties hereto, the same shsll be construed to mean ss well ~s the lxirs, leyal represent~tivcs, ~uccessws and sssi~~n (either volunary by act of the parties or invotuntary by operation of the Iaw) of the same and that the covenants herein contained iFul! bind and the bexfits end idviMiges inute ' fo the respective heirs, leyal representatives, succesaors and ass~yns of the p~rties hereto. Md sa'd Mortgapws, for themulves and their heirs, legal represcntatives, successors and auigns, i~ereby joinHy and sevaally covenant and ~ree ro and with the s~id MORTGAGEE, its succesaors and ~uigns: 1. To pay ~U ~nd sinputar the principal ~nd interest and the v~rious and sundry sum~ of money payabk by v;rtw of said prom;ssory note, ~nd thii mortg~ye, each and every. promptly o~ the days respectivey the s~me severally becwn~ dve. 2. To psy all and singulu tM taxes, assesunenb, levie~. li~bilitia, obligstions and encumb~~nces of cvery n~ture +nd kind now on s~id dexribed prope~ty, or tMt here+ha may be imposed, svffaed, p~aced, kvied, or ~uessed~ tlureon, or that heresfter may be levied or assessed upon this MwtQ- age, or the irxltbtedneu acu~ed hereby, esch and every, when due ~nd payabk, accwdin~ to law, before they become delinqvent, u~d befae any interest attaches a any penalty is incvrred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND OISCHARGEO OF RECORD AIVD THE ORtGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INS~ANCf, 1HE TAX RE~EIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIFD) SHAII BE PLACED IN TME HANOS OF SA~D MORiCsAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and i~ fhe evenf ~hat any ihereof is nw paid, saYsfied a~d diuharged sa:d MORTGAGEE may at sny time pay the same a any p~rt thereof without waiving or aflettirg any option. lien, eqvity p ~~qhf under a by virtve of this mortgsge a~d tF~e full amount of eath ar.d every such p~yment shall be immediately due and payable and shall bear interest hom the date thereof u~ril psid at rate of nine per cenrum per ~nnum snd together w~th such intereir shall be secured by the lien of th:• moryt~e. .-c - ~Ci~l~i~ i~V V i'~l+i ~ "'~r~;.--'~ ~ . .zg~-._ . . ._b. d.~