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Home My WebLink About1343 ~50821 ~ THIS IN~ENTURE, MaJ~ the 23~ day oi ~rCh A.D. 19~ b~~w~ee? John W. Dcmahue and Gloria onahue . hia rrite , of ~t. ~11CiA Ccunty Fiwida, h~.sinafta d~sgnated ss tFu "MORTGAGOR;' a~d FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, ~ corporation orqaniued and tzi~ti~p under 1M laws of tM Unit~d Sut~s of Amerk~ and Mvi~p iri principal pl~c~ of busin~ss In tM Ciry of Fwt PiKa, St. luw County, Fbrida, her~in~ftK deiipnated +s tM "MORTGAGEE." WHEREAS /M MORTGAGOR is ~tly ind~bted ro tl» MORiG/lGEE in the sum of i.--~ 5• a~• ~ 9ood and I~wful money of the Un~ted Statei advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a catain p~omissory note of even date herewith, of which ths followinp in wads ~nd fipur~s is a t~w copY. to-wit: 1~17v16 = 25j8~•~ . No qq Fwt Pieru, fbrida. ~1~C}l 23 • 19_1.1_ Fa val~e ~eceivcd, 1, we or eithe~ of us, promise too pay, without defalcation, fo the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierte, Fbrids, the sum of S 2~sv~~~ with interest from date at the rate of 7'~% per annum, in momhly install- ments as foltows: Z~91~~ a+ the l~h day of Au~l13t 19~ and a like sum on the cwrespondinp day oi each month there- after until the whole be fully paid. h Each installmeM first shall be spplied in payment of the interost aod then on the unpaid balance of the princ:pal sum. I! defa•rll is made in ihe payment of a~y installment when due, a~x! such default continues 30 dayi, ~hen at the opYron of the holder, and without any other notice, all the ~un~Jniny ~nstallmrnb shall be due and payabk at once. Privilege is given to prepay th~s note in whole w io pan at snY t~me without perqlty. N~eit~he? ~f+o~rebcuance, ~ nor scceptance by the holder thereof after any defautt in any paymems hereon, shall be detmed extension. A late payme~t charpe of =_Zi~~ sh+~l be ~ added to each installmeM remaining unpaid 7 days after ih due date, snd a like ?um shall be added to each such instaltment remsining unpaid 7 days ~fier ~ each svcceeding payme~t date. ~ ~ Each maker, surety and endarser hereof, jointly and severally, waives demand, presentmeN protest and notice of p?otest fw noapayment, a rt agrees fo any extensan of time of payment, either beiore w after maturity, without notice to any of us; and to pay all costs of collecYwn, including a reasonabk attorney's fee in the event of any default hereunder, and Ixreby severally waives all benefit of homestead and exemption under the cautitution ti and laws of each State of the United States, as against this obligation or any extensio~ w renewal hereof. ' ~tness the Fwnd and seal of each party. t S/ John W. Donahue ~scau ~ ~nt) S Gloria ahue ~wu - cs~?u ( ~,~8-?~ ) State Revenue ( ~TS1f 1p~'q11Oltll~' ~A' ~h1~1' fl01e~ ~ p NOW, THEREFORE, 1F~e MORTGAGOR for the purpou of securing payment of ssid sum of s__ZySt~•~ snd the performance of ths ~ covensnts and agreementi hereinafter expreased, and fw divers good snd vslusble considerations, by these presents, does grant, bar~ain, sell, remix, release, convey ~nd confirm unto the MORTGAGEE, iri successors and assigns, all that certain Im, piece or pucel of land, situate, lying, and being in the County of $t. ~I1Ci6 , and Sute of Fbrida, de~cribed ~s follows: - ~ Lot 26, Blxk 3123, POflT ST. LIICIE, sECr~o~t 45, as per plat thereof vn file in Plat Book 16, Page 25, Public Records of St. Lucie County, ~l.orida, : flF pR1~iA1 S A,T. t"s1AMp 1 ' a , 4 ~PT O~ ~FJn~Y ~"h; ~ ! ~ ~ _ _,;~so~~a • 3 8. ~ ~ ~ - .r' ! / . i ° = ~~~2 S~- w ~ IN PAVHEtfT OF TAXES o RE~EIYED ~ ~ ~ pN qAS$ 'C INTANGIBLE PE ii: : L F"~?ER~Y. l~ pU~{T TO CHAPIER 11•131. ACTS Of 1~/1. ~ i ROBER POITMS ~~~T CpUIiT. ST. lUCIE CO., Fu , ; i ~ together with all and singulsr the tenernenri, hereditaments snd appwtances therevnto befonging w in anywise ~ppertsining thereto, and all renri, issues, proceeds and profin acauing snd to scuue from a+id promises, all of which sre incl~ded in the sbovs and fwegoing descriptan snd habendum. TO HAVE AND t0 HOID the above described and granted premises umo the said MORTGAGEE, its successon snd auig~u fweva. Md th~ s~id MORTGAGOR fw their executws, sdministratws snd assigns, hereby tovenants with the ssid MORTGAGEE, its successws and ~ssipm. 4 the are { fhat ~ lawfully seized of the ssid premises in fee simple; thst the s~me ~rc free, ckar and dixharged irom all liens snd encuro- brances in lew w in equity, and tMst th@y will +nd t'h@~ heirs shall wsrrant and defend the title ro the same to the s+id MORTGAGEE, its successors snd augns, fwever against the lawful daims and demands of sll perwro; ~ r: PROVIDED, ALWAYS that if the MORTGAGOR shall pay umo tF~e MORTGl.GEE tl~e promisaory note hereinbefwe described ~nd shall truly, promptlY and fully perfwm, dixMrge, execute, compkte, comply with and abide by each snd every the stipulations, sgreements, conditaro and coverunb of said ~ promiuory nots and of this Mwtgage, then this Morfgsge and t!x Estate hereby ueated shall ce+se and be null ~nd void- ~ IT IS UNDERSTOOD tMt the word "Mortgagor" whether in the singular o~ plural snywlxre in this Mortgage, shall be si~g~lar if one only ~nd x shall be plural jointly snd severally if more than one, a~d that the word "their" as used anywF~ere i~ this Mortg~ge shall be taken to mesn "his;' "hers," or "its;' wherever the context so implies or admiu. Also, that wherover there is a reference io tFro covenants and spreements herein contained to u~y of the paAies hereto, the same shsll be cautrued to me~n ss well ss the heirs, legal r~presentatives, s~ccesson and auigns (eitF?er voluMSry. by acf of the parties a involunt~ry by operation of ihe lew) of the same snd that the covenants herein tontsined sFWll bind a~d the bensfin and advant~~ea Imxe to the respective F?ein, kgal representatives, succeuon and ass~gns of the psrtiet hereto. And said Mortyagon, for themtelves snd tF~ei~ hein, legal representatives, successors a~d aui9ns, hereby jointly and severslly covensnt snd a~ne g ro snd with the aid MORTGAGEE, ia successors and assigns: ~ 1. To pay ~II snd iirgular the principal arwJ interest ~nd the v~rious and sundry svms of money payable by vinue of ~aid promissory note, and this ~ mortyage. ~ach ~nd every, promptly on the dayi respectively the same severally become due. 2. To p~y all a~+d ~i1f~YIN tFl! ta:es, sssessments, levies, li~bilities, obliyatwns snd encvmbrances of every n~tvrs and kind now on said dewibed ~ properry, or that hereafter m~y be impoted, suffered, plaud, kvied, a assessed thereon, a tMt hereafter may be levi~d or useased upon tF~ Mort~- sge, a tlr indebtedness secured hereby, each and every, when due and payable, auordinp to law, befwe they become dslinquent, and befw~ am int~rest attaches w any penalry is intwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTIY SATISFIED AND DISCHARCsED OF ; RECORD AND THE ORIGINAI OfFICIAI DOCUMENT (SUCH AS, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFfICIALLY ENDORSEO ~ OR CERTIFIED) SHAtI BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and i~ the evtnt tMt any thereof it no1 paid, sat"ified and discharged ia:d MORTGAGEE rnay at any time pay rhe s~me w any part thereof without waivinq w affectir?y any option. 1'~ea, eq~ity a .ipht u~der w by virtve of thit mortgage and tF+e full amount of e~th and every such payment shall be immediately dve arwl pay+bk and shsll b~u inte?pt hom the date thereof until pa~d at r~te of ~ine per centum per anr.um +nd topethe? w~th such intere~ f.ahal~~~u~ed bytjy yj~rp~pf th:s mwytape. K • ~A~i~ 1~~4~3 6 JJ., . . ,C '-'°~_5''fJ~E" ~x ~ ~ ~