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HomeMy WebLinkAbout4662 ' ~ ' ' ~'3 tiVJ TNtS INDENTURE. Msde the_ 2~tr day of ABCem~Br A.D. 19 72 between 2~;ichaal Sr.ee2~y and Doris Sheehy~ his wife~ of Gt.. 1+11C~@ County Florida, hereinaftet des~gnared as fhe "MORTGAGOR." and FIR "fE~ l S~V1F1T'i~,~~l~ (bAN AS$pCIATION OF FORT PlERCE, • corpora~~on organiied and ex~s~~ng undr~ ~he iaws of the Un~ted Staros of Americ~and having i!i p?ineipal ~late oI business in tF~s City of Fort Pierce, SI. Lucie County, Fiorida, hereinaitar des~gnated as the "MORIGAGEE:' WHEREAS the MORTGAGOR is ju~tly indebted to the MORiGAGEE in the sum of S 2~~~~~~ qood snd lawtul money oi the Un ted Srares adYanced by the MORTGAGEE un~o the MORTGAGOR, as ev~drnczd by a cena~n p~omiasory nore of eve~ da~e herew~rh, of wh~ch the foitaw+ng in ^rda an~ i;3v~.s is a r.us coay, +o-w~~~ s .2[?~-~'~ r,~, I0~3.~2~5 Fort Pierce, Florida, ~ecember 26~ ~y ?2 F« value rece~ved, 1, we or e~ther of us, prom~se to pay, wiihout defatca:ion, to rhe orde~ of fIRST FEDERAI SAViNGS AND LOAN ASSO~tATtON Of ~ ORT PIERCE at Fort Pierce, F:onda, the sum oi S-~~a4~~____ wrth ~ntrrrst from date at Ihe rate of _?a~C~o per annum, in monthly instalt- ~~rnts as foi!ows: S-~L~ on the . I~h day of February ~q and a li4e sum on the carespond~ng day of each month there- eitrr unti~ the who'e be fui;y pa;d. Each ins!allment iirst shall be applied in payment cf the interest and then on ~he unpaid ba~ance of the p~inrpal sum. If default is made in the p ai~nent of any instatlment when due, and such defauh conrinues 30 days, then at the opt~on of the ho:der, a~d w~~hout any orher nor;ce, all ttx remaining nsraNrtse~ts shall be d~r ared payable at once. P,iv;lege is givrn fo prepay this note in whole or io part at any t~me w~~hout penalty. Neither forelxarance, no~ acceptance by the holder thereof aftrr any defauit in arc~ payments hereon, shail be deemed extens~on. A fate payment charge of SJ! shall be ~ddzd to ecch instailmeot rema~ning unpa~d 7 days aiter its due date, and s hke sum shall be added to eath auch instailmeM remaining unpaid 7 days a(ter each succeeding payment date. Each maker, surery and endorser hereof, jointly and severatly, Wa~ves demand, presentrnent protest and nor~ce of protest for nonpaymenl, and further agrees to any extension of t~me of payment, either before or after matur'oy, without norce to any of us; and to pay all tosts of collecsion, indud:ng s ;:•~sonable a"ttorney"s fer in the evem of any default hereunde~, and hereby severa!!y waives a!1 benefit of Fwmestead and exemption under the constitution ~~d laws of each State of the United States, as against this obGgation w any extension or renewat hereof. Witness the hand and seal of each party. S/ 1?Sichae~ SheQt~y ~seac~ (SEAL) S Doris ~i 166~'23? (SEAt) ~7 . 0 tsEn~) t- ~ 5 ) State Revenue ;cr«wp. -c«.c~l.i «.:«:g;wai.~aa NO'N, THEREFORE, ihe MORTGAGOR for the purpose of securing payment of said sum of S 25la~•~ , and the ixrformance of the covenants and agreements hereinafter expressed, and for divers good and vsluable consiJerations, by these presents, dces g~ant, bargain, :e11, remise, r_'ease, convey and conf~rm unto the MORTGAGEE, its successors a~d ass~gns, all that certa~n lot, piece or parcel of land, situate, ly~ng, and being in the County of St. I+UC~e aod Sfate of fla~da, deauibed es fot(ows: Lat 2 and all that part o~ Lot 3 lyir.g :,?esterly of a lir.e connecting the midFoints of ~he front and rear lot lines of said I,ot 3(bei.ng also described as I,ot 2 and the r7est- erly ~ of Lct 3), Blxk 32, ~NF.R PARK, t3n;t according to the plat thereoi en file :n P1at Bcok 11, page 9~ Publi~ Records oi St. Lucie County~ F'lorida, W STATE ~F FLORiDL~.~ o~"•~';= " DOCUMENTARY,~~STAMP TA~ ~ _j ,~~„cMt~~c~ ~ • °c-'~ :~fPI.OF kEYENUf t i~U ~~rFa.~~iA~F 1y~~. o _ _ _~2s~~2 ; - ~ 3 7 5 0 ~ G ~H~~~~~~~`:`~,:. ~ as. ~ ` , ~ ~ ~ « tl = ~ t t ~,2 = ~ ~~'~\~J G~ NPY~~ o ~ ~ P ~ JC~E ~ . R •c Oc` .O v E~~S~~1~ fj,RC J\~~V~~1~~ ~ _ C`~~~ 'ogether with all and s~ngular the tenements, hereditaments and appurtances thereunto belonging w in anywise appertaining the?eto, and all rents, iuues, ' proceeds and prof~ts accru+ng and to accrue from sa~d prem~ses, aIl of wh~ch are ~ncluded in the above and fwegoing description and habendum. f ~ TO HAVE AND TO HOID the above described and granted prem~ses unfo the said MORTGAGEE, ifs successors and assigns forever. And ths ~sid 'lORTGAGOR fw t!~-~-Y'----- heirs, eaecutws, administrators and assigns, here6y covenan?s with the said MORTGAGEE, its suttessws and auiyns, ~har - t~-e.~! a~--- tawi~Ily se~zed of the sa~d p~em~xs in fee simpte; that fhe same are free, dcar and discharged from all liens and encurt?- b~ances in law or in equity, and that they „~,;II and - the lY' heirs shall warrsnt and defe~d the tifie to ~he ume to the said 'J~ORTGAGEE, its successors and assigns, forever against the lawful claims and dema~ds of all persons; PROVIOED, AlWAYS that if the MORTGAGOR shatl pay unto the MORTGAGEE the promissory note hereinbefore destribed and thall truly, promptty and futly perform, d~scherge, execure, complete, comply wirh and ab;de by each and eve?y the stipulations, agreements, conditions and covenants of said arom~ssory nale a~xi of t~~is lAorigage, shen this Martgage a.^.d the Estate hereby veated shali t~ase and be null and vaid. 1T IS UNDERSTOOD that the word "Mortgagoi' whether in the s~ngular or plura) anywhere in this Morigage, shall be si~gu~ar if o~e o~ly snd shall be plural jointty and severatty if mwe than one, and that the word "ehe~r" as used anywhere in this Nbrtgage shall be taken to mean "his;' "hers;' or "its," wherever the context so ~mpfies or admi~s. Alw, that wherever there is a reference in the covenants and agreements herein contained to any of ~he parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, tuccessors and assigns (either voluntary by acf of the partie~ or involunra~y by ope,arton o1 rhe law) of the same and that the covenanrs herein contained shall bind and the be~efits and advantsges inure ~o the respective heirs, legei ~epresentatives, successors and ass gns of the parties hereto. And said Mongagors, for themselves and their heirs, legat representarives, successws and assigns, hereby jointly and xverally covenant and agree ro and w:th the said MORTGAGEE, +ts successors artd assigns: ' 1. To pay all and singvlsr thE principat end interest and the various and sundry sums of mo~ey payabte by virtue of said promissory note, ~nd thii mortgage, eath a~d every, promptiy on the days respedively the :ame severally become due. 2. To pay alt and singvlar the taxes, assessmenrs, levies, liabilir;es, obligations and encumbrances of every nature and kind now on said described pro~erty, or t'nat hereafrer may be impwed, suffered, placed, levied, a auessed thereon, w that hereafter may be levied a assessed upon tbis Mort¢ age, or ~he indebtedness secured hereby, each and every, when due and payable, according to law, befwe they become delinquent, and before •ny interest a!raches o~ any p~nalty is incurred; AND iNSOFAR AS ANY THEREOf t5 OF RECORD THE SAMf SHALL 8f PROMPiLY SATlSFlfD AND D15CHARGED Of RECORD AND THE ORIGIP:AL OFfIC1AL DOCUMENT ~SUCH A5. FOR INSTANCE, TME TAX RECEIPT OR THE SAT~SFACTION VAPER OFFICIALIY ENDORSED OR CERTIFIE~) SHAII BE PLACED IN TME HANOS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in fhe evenf that eny fhereof is nof ~;a~d, saYSf~ed a~d discharged sa d MORiGAGfE may at any t,me pay t!~e same or any part thereoi without waevi.g w affecting a~y option, lien, equity or •~qhr under or by v~rtue of th~s mortgage a~d the f~fl amount of each and every such payment shail be immediately due and payable and shall bear interest ~•om fhe date thereof unti{ pa~d a+ rare of n;ne pe~ ce~!~m per annum and tqge~her„~y~h~uch inte~s~h~be secur~ by the lien of th:~ mo~qtaye. 1 ~ ~11 ~ ~ b~~ii ~..tl r't~ r ~ ' ~ ~ ~ ~ , _ ~ r _ s F ~ ~ r a ~i' ~ x-~ ~ ~r~"~ ~ . . :~-:.~a,=~:':~~~-_'