HomeMy WebLinkAbout0206 ~54293 4
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THIS INDENTURE, Mad~ tM u~ day of ~ A.D. 19~ b~twe~^ E
Panl J. Driacoll aud Alicia H. Dariaaoll, hia rite, €
of St• ~Cie Camry Florida• MfliMfiN d~sipnated ~s th~ "MORTGAGOR," ~nd ~FIRST ~FE~ERAI SAVIN~S .ANC IOAN `
ASSOCUITION OF FORT PIERCE, a aorporation orpaniud and exi~tinp unda tM laws of tlw Unit~d Suqs of Am~iiu and Mvinp its prl~cipal plsa of '
bYtjllfti MI 1~M ~fy Of fOff PiNq. St. <YC~ ~.011flf~lw F~Of~i. ~Nfl~flihp dMi~Ml~ q i~M "~M~~+T~~E." ;
V1fHEREAS tM MORTGAGOR is j~atly ind~bt~d w th~ MORiGAGEE in th~ sum of =_1Zi~0~~ , pood and lawful mon~y of t!w Un~ted ~
Stat~s ~dvanced by tM MORTGAGEE u~to th~ /NORTGAGOR, ai evidencsJ by • certain pranissory ~ot~ of even date her~with, of which tM followinp in
!
wwds ~nd fiyures b ~ trw copy. to-wih
~ 35,000.00 - N, 100r1
fort Pfsra. Flaid+. ~7 19~_
Fw vatue received, I, we or either of us, prom~se to pay, without def~icatia+, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fa,t, LPierce, Florida, ths wm of =~5~~~•~ with interest from data +t the rate of ~ per annum, i~ monthly instali-
menti as follows: =L~. on the~_ d+y of ~t ~9r . 19~_ and ~ like tum o~ the corresporul~ny day of each month there- ~
after ~ntil the whole be fully paid. ~
Each instal~ment fint shall be applied in paymeM of ths i~terest and then on the unp~id bal+nce of the principal svm. If default is msde in the
pay~nent of any i~stallment when due. and wth defwit continues 30 days, then st the optiw~ of the hokkt, a~?d without ~~y othe~ notice, all the remainir+g
instaUm~~:s,shall be due and payabk at onte. Privilegt is given to prepaY this aote in whole or in p~rt at ~ny time withovt penalty. Neither forebearante.
nw acceptance by the holder thereof after any default in any paymenti hereon, shall be deemed extension. A Iste payment charge of 1 2 sFull be
added to eath initallment rema+ning ~npaid 7 days after ib dw date, and • like wm shall be added to each such installment remsining unpaid 7 d~ys sfler
each succeeding payment date.
Esch make?, surety and endorser hereof, jointly ar+d severally, w~ives demand, presentment protat and notice of protest fa na+payme~t, and further
agrees to any extcniron of time of payment, either beforo w ahcr msturity, without notice to any of us; and to pay all cosb of collection, includ~~y s
reasonabk attorney i fee in the eveM of any default hereunder, and 1+ereby severally waives all benefit of homestead and exemptia? undet the cautilvtion
and laws of each State of the United States, as against this obli9ation o~ sny exte~?sion w renewal F?e~eof.
~tness the hand and seal of each party.
S/ Panl J. I]~isco~ 7 ~
(5~?U
S Alicia B. Darisc011 ~
c~?u
~ ~j2 ~ ~ ~ ~ Stah Reven~e
(5~~r~tw~eaMe'~'ar'sryinsl'*'sre!
NOW, THEREFORE, the MORTCsAGOR for the pu~pose of ~ecuring payment of ssid sum of f35~~ .~nd the Performa^ce of ths
covenants snd ~greemenri hereinafter expreued, snd fa dive?s good and wluable consi~eratwro, by theae- presenn, does gnnt, barqain, sell, remise, ~
release, tonvey and confirm unto the MORTGACEE, ib succ~sson and suiyns, all ihat certaia {ot, pieas or pucel of land, titvaM, lyiny, ~nd beirg in ths i
County of St. I,n~ie , and State of Florid~, ~.escribed ~s fdlows:
~ i3, a~ovg sos~sioH, as par plat thereof ac~ Pile in Plat Book 16, Page 33,
Pnblic ~~oras or st. co~ntp, ~oriaa,
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i~ o WRSWMT 1~0 CiIAP?ER 71-13t. QCfS OF 1y11.
~ ROGER r01TRAS f~'
' q,EtlK qRdIR OOUiCT. ST. WGE 00, FLA. -
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rogether with sll ~nd singular the tenemenn, hereditsments snd sppurtances M~erevMO belongirg or in anywise +ppertsinieg fheroto, and ~II ren», iuws,
pr«eeds snd profits scvuing and to accrue from s+id premises, all of wFiKh xe induded in the abov~ and fora9oiny descriptan u~d hsbendvm.
TO HAVE AND TO HOW the above described snd gr~nted premises unto the said MORTGAGEE, its wotessors +nd +asiyns fo?evM• Md th~ s~id ~
MORTGAGOR ior t~~ hein, exec~tors, administr~tors and •uigns, hereby coven+MS with tha said MORTGAGEE, its sucreswrs ~~d assiyns.
rhat ~ep a~ Iswfully se~zed of the wid premises in fee simple: thst the same u~ fres, clear and dischar~ed from all li~ro and encv~
branies in Iaw a in equity, and that-~_ will and ~eir hein sh+ll wursnt and defend tM titk to the s+m~ to th~ s+id
MORTGAGEE, i» wccessws and suigns, fwever agairat tl+e lawful cl~ims ~nd demands of +11 perwros
PROVIDED, ALWAYS that if the N10RTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefort desvibed and shal) truly, promptly
~ and fully perfwm, d~sch+rge, execute, compkte, comply with and ab~de by each snd every the ~tipulatio~s, asreements, conditions u~d oovaants of ++id
~ promissory oote uxl of this Matgage, then thi~ Mat9age snd the Estste heroby vated shall oease and be null +nd void.
IT IS UNDERSTOOD thst the wwd "Mongsyw" whether in the singvlar or plwsl ~nywhae in this lNortgsge, sh+ll bs siegular if ons only and
shall be plural jointly and ~everslly if more than one, and that the word "their" ss used ~nywhen in this Matgag~ sh+ll b~ taka+ to mean •'hers:•
or "iri;' wherever the context w impl'~es o~ sdmits. Also, that wherever thne is s refe?eeKe in tM coven+nn u~d ayreernenfs herein aoMainad to uty of
the parties hereto, the same sh+ll be construed ro mesn ss well as the hein, legsl rep~esentatrves, suuesson ud auigm (either vol~mary bp +ct of th~ i
parY~es a Invduntsry by operation of the bw) of the same and that the covenann herein contained si?ill bind ~nd the benefits and adv+mapes irwn
ro the respective I~ein, kysl represent~tives, wocessors and au?yiu of ths panies hereto.
Md said Atiwtgsgors, for themselves and their heirs, <~gal representativd, successors and auiyns. F+ereby joi~Hy ~nd swaally ooven+M +nd_ apree
ro and with the ssid JNORTGAGEE, in successan and +uigns:
1. To psy all ~nd sirgul~r the principsl and imerest a~d the various ~nd sundry wms of money paYable by virtue of said promiswry note. +nd tha {
mortgsye, each and every, prompNy on the dsys respectively the ume sevtrally become due. ,
2. To psy all and sirgular the taxes, assesunenn, kvies, liabilities, obligata~ and encumbr+nas of eve?Y n+ture u+d kind now on ssid desc?~bed !
properry, or that heresfter may be impwed, wffered. Placed, kvied, a sssessed thereon, or that here~ftK may be kvied or as~essed ~rpa~ 1F~is AAorq~
age, o~ tFK indebtedness secvred hereby, esch ~nd every, when due and psy~bk, sccordinp to Isw, befor~ thty becoms delinqwm, and befon any intenst
attaches or any pt~+lty is intvrred; AN~ INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SF1All 6E PROMPTLY SATISFIEp AND DISCHARGEC OF
RECORO AND THE ORIGINAL OFFICIAL DOCtiMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIAILY ENOORSE~
OR CERTIFIED) SHAU BE PtACEO IN THE HANDS OF SAID MORTGAGEE WITHIN 7EN DAYS NEXT AFTER PAYMENT; snd in the evenf that u~y rfi~reof is r.a
paid, sat'sfied and discharged sa:d MORTGAGEE may N any time pay the same or any p~rt thereof without w+irinp a affectirg u+y option. 1ien, equity w
•~qht wider w by v~rtue of this mortgaye and the full amount of each +nd eve?y six)? paymenT th~ll be immediately d~e and p+yabk ~nd shall bear Yeter~st
s.om tF+e date thereof u~til paid at rate of nine per centum per a~mum ard royet~yer~vi~~intereat sh~byxtwed by the lien of Ih:s mwptapa
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