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HomeMy WebLinkAbout0646 25~2 6 .r THIS IN~ENTURf, IN~d~ tl+.-- 13th d~y af ~ Ap~il ~ . j~ A.D. 19 73- be~.~~m . S Chsrles R. O'Lboovan+ Jr. and Rather3~~ ~~e„~,,,~,~ of St. Lncie ~punty Fiorid~, hKeiruflK_ dypnat~d ~i tM "MORTGAGOR," ~nd FtRST FEDfRAI SAVINGS AND IOAN ~ /?SSOCIA?ION OF fORT PIERCE, • corporation wp~nizad +~+d exiitinp und~? th~ Iswa of th~ Uoittd St~t~~ of ArtNrks ~nd havinp ih p~~ncipal pl~u o? b~?iinsss h tM City of Fwt Pi~rc~, St. tuw County, FlorWa, her~in~fta daiynat~d ~s iM "MORiGAGEE." . ~ WHEREAS tM MORTGAGOR is jwtiy indebt~d fo th~ MORTGAGEE in ths ~um of ~ a3•9~~~ , good and tawful rr.oney of tM Un'+~e~~ , Stares advanced by 1M MORTGAGFE unto ths MORTGAGOR, as evidenced by s certain promissory note of even date Fxrewith, of wi+ich ths followinp'in wads ~nd iipurot is a hw copY, to-wit: ~ 23,900.00 ~ ~~~Q~--,..q~~ Fwt Pieres, Flwtda, Apz31 13~ ~y 73 fw value received, i, we a either of us, promise top~ y, wirhovf defalcation, ~o the order of FlRST FEDERAL SAVINGS AND LOAN ASSOCIA?ION Of FORi PIERCE af faf Pitrte, Fbrida, the sum of s 23'9~'~ wilb interest trom date at the rate of 7~7~ per annum, in monthly instalb men~s a~ fo!lows: S 197 on t}~e ~ day of June . 19_.~~ and a iika sum on the corresponding day of each month therr aftcr ~ntil the whole be fully paid. Each installment first shall be applied in payment of the interesf and then on the unpaid bala~ce of 1F?e principsi sum. If defautt is made In fhe payment of any installment when due, and such detault co~tinues 3p days, thm at the optiw? of the holder, and without any other notice, all the remaining ~~stallments shall be due and payable at oncc. Privilege is given to prcpay this note in.whole or in parl at any time without penalty. Neither io~ebearsnts, nw atteptance by the holde~ thereof after any default i~ any payments hereon, shall be deemed extension. A late payme~t charge of i 9~ ,85 - shall be added to• each in~tatlment remaining ynpaid 7 days after iri due date, and s like sum shall be added to each such installment remaining unpaid ~ days after each succeedi~g payment date. Each maker, surety and endorur hereof, jointly and severally, waives demsnd, p?esentment protest and notice of protest for nonpayment, a~d further ag.eea to any extensan of time of payment, either before o~ after maturity, wirhout notice to any of ~s; and to pay all msts of collection, including e reasonable attwney's fce in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutiw~ and laws of each State of the United States, as against this obligatiw? p uiy extensio~ a ~enewal hereof, Witness the harx! and seal of each party. (SEAU _s Charles R. O~Donovan, Jr.~~~ cs~?U S35.85 s/ Katherine J. ~•Denevar ~ ) Stste Revenue (SiauiDi i1~DOCUed an ~tiBir~t1.11ols) _ . . NOIAI, THEREFORE, the MORTGAGOR fot the r 23 9~~~ performsnce pf the pu pose of securing payment of said sum of s ~ ~ ~ covenants and agreements hereinafter expreued, and fw divers good and valuable considerations, by these presents, does granf, baryain, selt, remise, release, convey and confirm unto ihe MORTGAGEE, its succeswrs and assigns, sll that unain bt, piece w p~rcel of Is~, situate, lying, end beinp in the Covnty of St. Lneie $tate of Florida, dewibed as follows: Lot 9 and the East of L,ot 10, Block 33, of the Re-Snbdivision of Block 33, LAWNWOOD ADDITI~i TO FORT PIBRCB, as per plat tbezeof on filein Plat Book 9, page 20, of tbe pnblic records of St. Lucie County, Flo r ida, j ~ m e S ,q aF . ~ ~ ~'~'O~C fl,l_~iA~r Q~~[~Q, RECEIVED ~ IN PAYMENT OF TI~ ~c o~~" RtrEM~ •'~b•,. ~aMP .tax ~ DUE ON CI.ASS'C INTMtGIBIE PE~.~!t~l P•':0?ERn~ w.~ = r~ =~~~,I' ~ ~ PUR.SIlMIT TO CHAPTER 7t-131, ACTS OF 19/l. ~1.~ J/ ~ 8 r ROGER POITMS U o~ ~~to2 ~ 7 ~ ~RK CIRq1R OOURT. ST. WCIE ~0, FUl ~ ~ together with all and singul~r the tenements, herediumentr snd appurtances therevnto belonging w in airywiK appertaining theroto, and all rent~, isrues, ' proceeds and profita xaving snd to xvue from said premises, all of wFiKh sre included i~ the above and foregoing descripYwn and habendum. TO HAVE AND TO HOLD the above described and yrsnted premises unto the ssid MpRTGAGEE, in successon snd asi~gro fwever. Md th~ said their MORTGAGOR iw , hein, executors, administrators snd auigns, hereby covenanq with the said MORTGAGEE, ib suaeswn ~nd ~ssiptu, tr,~~ they a re ia~~n x~=~a of ~~d y premises in fee simple; that the ssme sre frae, ckar and d'acMrged from ~II liem and ~ncvm~ brances in Isw w in equity, and that thei r will and tt1eV hein shall warrant and defend the title to the sams fo fhe said MORiGAGEE, its successors snd auigns, forever against ths lawful claims and demands of all persor?s; PROYlDED, niwArs rti.~ if the MORTGAGOR sF~all piy unro the MORTGAGEE the promissory ~ote hereinbefore described and siiall truly, promptly and fully perfwm, dixharge, execute, compkte, comply with and abide by tach and evcry the stipulations, agreemenq, conditioM and cover+ants of sad promissory note ~nd of this Mort9age, then this Morigsge snd the Estate hereby veated sF~aN cease snd be nu!! and void. IT IS UNDERStOOD thst the word ' ARwtgagor" whether ir? the aingula~ or plural snywl~ere in this Mortgage, shall be sinyul~r if one o~ly and sh~ll be plural jointly ~nd ~everally if more than one, ~nd tMt the word "their" as ~ned ~nywhere in this Mortgsge shall be taken to mean "hu;"'hen;' w"iri;' wherever the context w implies or admits. Also, thst wherever the?e is a reference in the coven~nts ~nd spreemenp,herein cnntained to any of fhe parties hereto, the ssme shall be construed to mean as well as the heirs, kgs) reptesentatives, successon snd sssigns (either volunary by ~cf of tht partia or involu~tary by operaYan of the law) of the same and that the covensnts herein contained shall bind and the benefits and advantsges inu?e to the ~especrive heirs. Iegal represe~ratives, suaaso~s and au~gra of tM piniss hereto. And said Mo~tgagors, for themseHa and their hein, legal represenqtives, stxcessors ~nd auiyns, hereby jointly snd sevaally covenant and ~qree to and with the said MpRTGAGEE, in iuccessors and auigra: 1. To psy all and sinpular the printipal and interest and the vsrious ~nd sundry wms of ma~eY psYabk by virtue of said promissory noft, and this morty+pe, eech ~nd every, promptly on rhe days ~espectively !he ssme severally become dw. 2. To piy ~11 and sirgula the tsxes, sssesune••-, levies, liabilities, obligaYwns and encumkx~~ces of every nature ~nd kind now on s~id desuibed property, or that heresh~r rrNy be ;mposed, suffe•~ ~laced, kvied, a aueswd thereon, a tMt herea8er may be kv'ied a asieased upon thb Mwt~ sye, a tM i~debtedneu ~ecvred hereby, esch ~nd ev+... when dw and payabk. accordinp to law, befo~e they becane delinquent, and befa~ ~ny interest attaches w any penalty is incurred; ANO INSOFAR AS ..NY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OfFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATtSfACiION P/1pER OFFIGIAILY ENDORSE~ OR CERTIf1ED) SHAII BE PLACEO IN THE HANDS OF SAID /M~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event tMt ~ny tMreof u not pa~d, saYSfied and dixharged ~a:d MORTGAGEE may ~t any t~me psy ~fie same or any pa~t thereof without waivinp or af/ectinp any option, lien, equity o~ •iqht under w by virf~e ot this morrgsge and the (uN amovnt of each and erery such p~yment sF~all be immediately dve and p~yablt and shall btar int~reft J ~~om the d~te thereof unrit paid st ~ate of nine per ce~?um per annvm and toyelhsr w~th suth interest shall t~' lien p1 t~~~ ~ ~ ~BOCK~~J FA~f ~ ~ ~ _ - r' '-h~ ~ ~ y t,,~ ~ -