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Home My WebLink About1732 ;~~45'75 . . THIS INDENTURE. Made ~he 24th day of OCtOber _ A.D. 19~c.., between • Willian J. Doherty and Maxgaret Doher,~,~~ is w'fe lR ~ - of St . Lueie C~nry Flor~da, he~einafter des~ynated as the "MORTGAGOR." and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporat~on organized and ex~s~ing undar the ~aws of the Un~ted Statas of America and having ifs principal place of busfness in ihe City of Fort Pierce, St. luue County, Florida, here~naiter des~gnated as the "MORTGAGEE:' WMEREAS the MORTGAGOR is justly indebtcd to the MORTGAGEE i~ the sum of S 2+50~•~~ , 9ood and lawful money of the Un~ted S~ates advanced by tha /~ORiGAGEE umo the MORiGAGOR. as ev~drnc~•d by a certa~n prom~sswy note of even date herewnh, of whlch the (ollowing in .vords and figures is a true copy, to-wit: s2~sp~~~p ~ 10018973 Fort Pierce, Florida, ~tober 24 19~ Fw val~e received, I, we or either of us, prom~se to pay, withoui defalcation, to the order of FIRST FEDERAL SAVINGS AND WAN ASSOCIATION OF FORT PIERCE at fort Pierce, Flor~da, the wm of j?~SO~_00- w~th ~nrerest irom date at the rate of 7!7Sfo per annum, in monlhly install- •,ents as fol:ows: E-24! on the 1St day of ~cecnber ,9 72- _ and a Gke sum on the correspond~ng day of each month there- etter until the who.'e be (ully paid. Each ~nsrall~nrnt firyt shali be app!~ad in paymenr of the inte~est and then on the .,npa:d balance of the p~~nrpal sum, lf d ault is made in the ~,,;ment of any insrallrnent when d~e, and such defauit connnues 30 days, then at the opt~~n of the ho~der, and without any other notice, all the ~e:naining :~~sraL'menrs shail be d,,e and payab~e ar once. Pr~v~lege is given to prepay this note ~n whae or in part at any tlme without penatry. Neither forebearante, nor acceptance by the noldar thereof aiter any default in any payments hereon, shall be dee~ned extens~on. A late payment chaige of S-~. Shall be .~dJed to each instali~nant rema~ning unpa~d 7 days after in due date, and a IiAe sum shall be added ro each such instailmem remaining unpaid 7 days afler each succeeding payment dare. Each make~, s~rety and endorser hereof, jointly and severally, wa~ves demand, presentmem p~otcst and notice of protest for nonpayment, and furthet a3rees to any extension oi t~n:e of pay~nent, either b~fore or after maturlty, wlfheut not~ce to an~ of ~s; and to pay all costs of colleUion, inciud:ng a rt~a:onable atto~ney's fee ~n the event of any drfau't hereunde~. and hereby seve*a`:iy wa~ves aI1 beneFit ~f home:tead and exemptlon under the constitution ,nd laws of <ach State of the United States, as aga~nst this obi~yation or any ertenvon o~ renev.al hereof. Witness the ha~d and seal of each party. s/ Willia~ J. Dohertv (SEAI) (SEAI) s/ Maraaret Doherty (SEAI) /R . ~s~?u $3.75 ) State Revenue itam~aarseila~~m~ a~a NOW, THEREfORE, the MORTGAGOR ior the purpose of secu~ing payment of sa~d sum of S 2~ 5~• and the performance of the covenants and agreements here~naite~ eapressed, and for d~vers good and valuable cons~derations, by these presents, dces g~ant, bargain, sell, rem~se, re~eaie, convey and confirm u~to the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, tituate, lying, and being in the County of St . 1'uC 1Q ~ - and State of Fbrida, described as follows: Beginning at the intersection of the North line of Lot 105 of GARDEN CITY FARMS SUBUIVISION, according to a plat thereof on file in Plat Book 2, page S~ Public Records of St. Lucie County, Florida, and the West right-of-way line of Angle Road~(80 feet wide); thence run Southeasterly along said West right-of-way a distance of 572.4 feet; thence with an interior angle of 90 degrees, run Southwesterly 92 feet to thepoint of beginning; thence run North- westerly parallel with Angle Road 100 feet; thence with an interior angle of 90 degrees, run Southwesterly to the North right-of-way line of Avenue F(60 feet wide thence. run East along the North right-of-way line of Avenue F approximately 150 feet; thence run Northeasterly parallel with the Northwesterly line of the tract herein described to the point of beginning. The above de- ' scribed parcel lies within Lot 120 of GARDEN CITY FARMS SUBDIVISION and in i Section 5, 2ownship 35 South, Range 40 East, St. Lucie County, Florida, ? ~ ~ t Gj 1!~ 'Ai~rtl4` v~tQ?fc, \'~r I w ;%9 f- :E'~`S pE 1y1~. o, STATE ~F FLO R i D,G ~ ,rsa"`~,;:~~:. c: ,r OOCUMEN„ARY,.~=•~~:STAMP T~G~ ~ iE{•uR-~~~.-S~~~p`f ee~j ~~~-`A. : `v _ °~~I-'-.~ i Cr E ;~S ~G Ft~1tiF' ` Sl. ~ ~ ~ a= P.. = ~~t~_ ~ 0 3. T 5 ~ e'~~"'= ` ~ w o - +Il~j ~_.i~ ' ~ ~ together w~th all and singular the tenements, hereditaments and sppurtances thereunto belonging w in anywite appertaining thereto, ~nd all rents, iuues, proceeds ar~ prof~ts acu~~.,g •~.d 1o accrue fro~ said Frc:::Esas, a!! ~f ::hi:.h are i~eludtd in the aGave and fw~going description and habendum. ~ TO HAVE AND TO HOID the above desa~bed and granted premises unto the said MORTGAGEE, its successors and assignt forever. And ths aaid the ir MORTGAGOR fw - helrs, executors, adm~nistrators and assigns, hereby covenants with the ssid MORTGAGEE, itt succeasors snd as~iqn~, ~ +hat -~hgy lawfully se~zed of the said prem~us in fee simple; that the same are free, clear and discha~ged from all liens and encurt~ brances in law or in equity, and that_ Lhey will and t~lr heirs shall warrant and defend the title to the tame to the tsid ,VIORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if ~he MORTGAGOR sha?1 pay unto the MOttTGAGEE the promissory no+e hereinbefore dewibed snd shsll fruly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agrcements, conditions and tove~ants of said ~ promisswy note and of this Mortgage, then this Mortgage and the Estate hereby crested shall cease and be null and void. ~ IT IS UNOERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mortgaae, shall be singular if one only and ~ shall be ptural jointly and uverally if more than one, and that the word "their" ss used anywhere in this Mortgsge shall be taken to mean "hi~;' "hers," or "its," wherever the conteat so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of ~ the parties hereto, the same shall be construed to mean as well as the heirs, legal representati~es, succesaws and assigns (either volunt~ry by atl of the ~ parties or involumary by operaT~on of the law) of the same and tha? the covenants herein contained shall bind and the benefits and advanta~q invr~ ~ fo the respective heirs, legal representatives, successors and asrgns of the parties hereto. ~ And said Mortgagors, fw themulves and their heirs, legal representatives, successws and assigns, hereby joinfly and teverally coven~nt and agret ~ ro and with the sa~d MORTGAGEE, irs successors and assigns: ~ 1. To pay all and singular the principal and interest and the vaNous and sundry sums of money payable by virtue of said promisswy note, ~nd this ~ mortgsge, each and every, promptly on the days respectively the same severally become due. ~ 2. To pay all and ~ingular the taxes, assessments, levies, liabilities, obligstions and encumbrances of every nature snd kind now on said dewibed ~ propary, ot that he?eafter may be imposed, suffered, plxcd, levied, or •sscssed thereon, or that hereafter may be levied or uuued upon thif AAwt¢ age, a the indebtedness secured hereby, each and every, when due and payable, according to law, befwe tFxy become delinquent, and befwe any interest attaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCN AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERIIFIED) SHAII BE PLACED IN THE HANDS OF SAID MQRTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENT; and i~ the event that any thereof is nOt paid, saYSfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equity w •~aht under or by virtue of this mortgage and the f~ll amount of each and every such payment shall be immed~ately due and payable and shall besr inferest s.om the date rhereof unril pa~d at rate of n~ne pe~ centum per annum and toge~her w~th svch interest shall be sec~red by the lien of th:s morgtaga - E'~ k~ ~0 i ~,~<i ~ ~ 31 . ~ ~ ~~~M. _ ~ _ . _ W~- _