HomeMy WebLinkAbout1686 251081 ~~t
THIS IN~ENTURE. N4d~ ~i,~. 28th d, of March i?.u. ~v3~-... b.w..~
Ronald I,. Ca~llahan and ldarie C. Callahan, his wi~e.
of St• ~11Cie . Cow~ty Flwida, hN~~n+f1~ dtsig~+tad ~s~~h~"'MORT~AGOR;' and FIRST FEDERAt SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ cuporation or~anis~d ~nd ~xistinp w~d~~ th~ (~ws oi th~ U~A~d Sf~t~s of Am~~ic~ ~nd Mvirg iq principal pl~c~ of
buwNS~ in tM Ciry of Faf PiKU, Sf. luci~ Ca?nty, FlorWa, hK~inahN d~~ipn~t~d q th~ "MORTGAGEE."
WHEREAS th~ MORTGAGOR h jvstly indebt~d b tFw MORTGAGEE (n tM sum of ~19j5OO.~ 9ood and lawful m«+ey of the Un~ted
States advanced by the MORTGAGEE unto tM MORiGAGOR, as evidenced by ~ cert~in p~omiuay note o( even date herawith, of wh~ch tM followinp G?
wads and fiyures is • trw topy, fo-wit:
s 19~K00.00 No 1001961t2
fwt Plaa. Fbrida. 1'~$I'C~1 '28~ 19~~
Fa value received, 1, we w either of us, promise to pay, without deFalcation, to the order of FIRST FEDERAL SA.~VINqG~S AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Flwida, the sum ot t--~9a5~•~ with interest from date at the rete of J~1~6 per annum, in monihly install-
rr~ents as follows: ~ 1~s• ~ on tM l~h day of I"~Y . 19~~ ~nd a like sum an the conespondinp day of e~ch, n.onth therr
after until ~he whols be fully paid.
Each installmcnt /irst ihall be applied in paymeM of the interest snd then on tM unpaid balance of the principsl wm. lf default is msde in the
payment of any ir?stallment when due, and suth default continues 30 days, Ihen at the option of t'~e holder, and without +ny other notice, sll the remaining
~nstallments shall be due and payabb at once. Privikye is given fo prepay this note in whole or in psrt af any time withouf penalty. Neithe? faebearance,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A tate payment char9e of • 0 sh~ll be ~
added to each instatlment remaining unpaid 7 days after in due daie, and a like sum shall be added to each such installment remaining unpaid 7 days after
each s~cteedi?g paymeM date.
Each msker, svrery and endorser hereof, joiMly and severally, waives demand, presentment protest and notice of protest fw nonpaymenf, snd further
agrees to any exfeniwn of time of payment, either before a.after maturity, without notice to any of us; and to pay all costs of mllectioa, includ~ng a
reasonable attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each State oi the United S~ates, as against this obl'gation w sny exteniron a ~enewsl hereof.
Witness the hand and seal of each party.
S/ Ronald L. Callahan
(5E/?U
S Marie C. ~ Callahan ~
r csEwu
( ~9'27 ~ State Revenue
(~se nN ew~calle~'eer e~wF++e~e!
NOW, THEREFORE, ths MORTGAGOR fw the purpose of securing psyment of said svm of i 19~5~•~ - and N~e pe?form+ncs of th~
coven~nb ~~d a9reements hereinafter expressed, ~nd fw divers good and valu~ble coniidaatio~s, by these presents, does grent, brysin, sell, ramise,
release, convey and confirm unto the MORTGAGEE, ifs successors and ~uigns, all that certain lot, p'ieu or parcel of lend, situate, lyirg, and beinp in the
tounty of St. ~11Cie , and State of florida, desc?ibed ss follows:
The South ?.85 feet of tdte East ~ of Lot 8 and the East ~ of Lots 10 and 12, Block 9,
M+~PI+VILLA TERRACE~ as per plat thereof on file in Flat Book 5; Page 50, of the Public
Pecords of St. Lucie Caunty, Florida,
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f . , . ~ ~ _ p -~rn x ~ : ; ~ . ; ~
i s E . .e~ ; RfCflYED IN PAYMEIfT OF TA1~S
i : _ , M
. _•-'E • .--01 • . ~ + • . ~ OM CUISS ~ 1NTMit~IBLE PERSOt1AL PROPERI~
' . a ` . S ~ ~ , PURS11ANf 1b ~~7 p
~ OF 1f171. ~ c ~
~ ~ ~
Ct~ CIRQlR OWitT, sT. ?UCfE CQ. fl~
3
~ together with all a~d singutar the tenements, hereditsmenri and sppurtances therevMO belongirg w tn amrwise appertaininp fhereto, and all renb, iuues,
~ prxeeds •nd profin scvuing ard to acuue from said premises, all of which ue included in the above and fore~oirg descriptan and hsbe~dum.
TO HAVE AND TO HOID tF~e above described and grsnted prcmises unto the said MORTGAGEE, iri wccessors and suipns fwever. Md th~ s~id ~
MORTGAGOR fa t'h@ ir - he~n, executon, administraton and auigns, hereby coven~nts with the ssid MORTGAGEE, Ns succeswn ~nd assipia, ~
~ 1hat theY aI~6 lawfully scized of the said premises in fee simple; that the same are free, clesr ~nd discharped from all liens snd encum~
~ b:ances in law p in equity, end that th8~ Wi~~ a~ their Froin shall wsrrant and defend ths fitle fo ths s~rrK to the s~id ~
~ MORTGAGEE, iri successors and assigns, forever againsf the Iawf~l claims and dem~nds of all personst
PROVIDED, AlWAYS that if the 1NORTGAGOR shall pay unto the MORTGAGEE the promistory note hereinbefore destribed u~d ahall ttuly, promptly
~ and fully perform, discharye, execute, complete, comply with and abide by esch and every the stipulatioro, sgreemenri, conditions and tovenanb of iaid
~ promluory ~ote ~nd of this Mortgage, then this Mwtgage and the Ett~te haeby veated sbsll te~se snd be null and void.
~ IT IS UNDERSTOOD that the word "Mortgspw" whether in the singulsr or plvral anywhere in this Mortgpe, shall be sinpulu if one only ~nd
~rz ~ shafl be plural jointly ~nd ~everally if mote than one, snd that the word "their" as used ~oywfiere in this Morty~ge shsll be taken to mean •'his,•• •'hea••
~ or "ia;' wherever the context w implies a admin. Also, that wherevet there is ~?eference in the covensnri and agreements herein oontsined to a~ryr of
~x, the p~rties hereto, the s~me shall be construed to mem as well as the heirs, leyal rKxesentative~, suueison snd assgns (either voluntuy by act of tM
~ U,~; panies or involuntary by operation of ths' law) of the same and that rhe covcnants herein contained sMll bind and the be~efits and advantapes i~w~
~-.i to the respective hein, le~al representatives, svaessors u~d ~s~~gns of the puties hereto.
~ Md ~aid MortQayws, fa themselves ~nd their hein, legal representatives, suaesson ~nd auiyns, hereby jointly and severally covenant and eyrae,
to and with the said MORTGAGEE, in succeuors and auigns:
~ 1 1. To pay all and sinpulu the principal and interest and the wriovs and sundry s~xns of moneY paYable by virtue of said promisswy not~, and tha
~ • mortps~e, exh and every, promptly o~ tfw days rapectively tM ~ame sev~rally becane dve.
T.~
? 2. To p~y all and w~p~la the taxes. ~sseisments, levies, liabilities, oblpatiau ~nd encvmbrances of ewry natur~ and kind now on uid deau~ed
` P~oP~?tY, a tMt heresfter may be imposed, suffered. Pbced, levied, or ~ueued thereon, a that her~~Ner may b~ kvi~d a~swssad vpon tNs Mort¢
1. spe. a tFw indebtedness secured her~by, each and wery, wF~ dw and p+y~ble, auordirg to taw, btfor~ they becan~ delinqua?t, u~d befon ~ny Mt~re~t
atuches a any penalry a incwred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII , dE PRO1NPTtY SATISf1E0 AND DISCHARGED OF
RKORO AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFICiAIIY ENOORSE~
OR CERTIFIED) SHAII SE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the tvtnt th~t ~ny tl~aeof is no1
paid. ~at'sfied +nd dix}uryed sa:d MORTGAGEE may at any time pay the same or a~y part thereof withoW waivirp w atfectirq any option, lien, pvity w
~pht unde~ or by virtue of this morrya~e ~nd tt+e full ~mount of esch and every tuch payment ihall be immediately dw ~nd payabls ~nd shall b~u int~re~t
hpn ~he d~te the/tof until paid rate of nin~ per centum per annum ~nd toqe~her w~th wch inrer~~t shall be tecu?ed by the lien of th:s morybpt.