The URL can be used to link to this page

Home My WebLink About1533 ~ ~ 259190 THIS INDENTURE. Msde the 13t~1 day of Jyly AA. 19_~, betw~en , . . o F L n nd B rbar C. i,i h - af St• LLiC @ ~p~„~y Florida, her~iMita deign~ted ~s tF~e "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ASSpCIATtON OF fORt PIERCE, a twporat~oe~ orq~niied and exis~in~ undr tM laws of tM Unit~d Sat~s of Americ~ ~~d h~vl~y itt princ7p~1 plac~ of busin~u (n tM City of Fon P~c~. St. Lvcie County, Florida, ha~inaft~~ dsiipnat~d tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jvstly ir?d~bt~d ro tM MORTGAGEE in tM ium of s 17~6~'~ , 9ood and lawi~l money of the Un~ted States advanced by the MORTGAGEE unro Ihs MORTGAGOR, es evidenccd by ~ unain promiuory oote of even date herewiih, of which the (ollowinQ In ~ wwds and f' ur~a ii a trw copy, to-wit: = 17 , ~00 •00 r,~, 10020188 Fort Pisrc~. Flo~ida, Julv 13 19~~ ` Fp value received, I, we or either of us, prom;ae to pay, wi~hout defalca~ion, ~o Ihe o~der of fIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Forf Pierce, ~brida, the sum of = 17 ~~0 with interott from date at the rate of 8• 4r96 per annum, io monihty instaH- ments as ioltows: S 1~•~ on the ~th day of A~9USt , 1973 and a like sum on the corre~pondinp dar oF each moe?th ?heie- afrcr untif the whole be (utly p~id. t Each instel(menf first shall be applied in payment of IM interest and thcn on the unpaid balsnce of the princ~pal aum. If defaulf $ msd~ in 1M ~ payment of any inatallment when due, and such default continues 30 days, then at the option of the holde~, and withou~ a~y other notice, all the rect~einirp ~nstallmenb shall be due and payable at once. Privitege is g~ven to prepay fhis rafe in whob w in psrt at any time without penalty. Neither iorebearante, nor acceptance by the hotder thercof after any delault in any paymen~s hereon, shall be deemed extension. A late payme~t cMrge of i 7~~ - tFull be added to each installmem ~emaining unpaid 7 days after iri due date, and a like sum shall be added to each :uch installnxnt remair~ing unpaid 7 dsys after each sucteeding payment date. Each maka, aurety and endorser hereof, jointly and srverally, waivd demand, presentment protest and notice of protest fw nonpayment, and further agrees to soy extens'wn of rime of payment, either before a after maturiy, without notice to any of us; and to pay all costs of collection, includ~np a ~ reasonable attorney'a fee in the event of any default hercunder, and he~eby severalty wsives all benefit of homestead and exemption under the tonslitution ; and taws of each State of the Un;ted Stutes, as aga+nst this obligation or any extension w renewal F?ereof. ~ Witneu the hsnd ar~d seal of each party. S~ John F. Linehan (S~+U - - ~ ~+u 26.40 ~ a~ B~rbar~ C_ LinehAn ~pq ( +S State Revenue {5+a~wp~-e~~c~lle~ ~e~i'iwaF w~ta 17 600 00 NOW, ?HEREFORE, the MORTGAGOR fw the purpose of securir+g payment of said sum of S ~ • ~~nd the performance of ths covena~fs and agreemenrs hereinafter expreued, and fa divers good and vsluable cauiderations, by thete presents, does grant, bargsin, selt, remise, release, convey snd confirm uMO the MORTGAGEE, its tvccessors and suigns, aU that certain lot, piece or pucel of f~nd, situate, (ying, snd being tn the ~ County of St. i'~Cie and St~te of Florida, desnibed ~s fol(ows: t Lot I1, Block 9, RPELAT OF PALM GARDENS, as per plat thereof on ~ file in Plat Baok 12, Page 42, of the Public Records of St. Lucie County, Florida , ~ t ~ T~ oF F 5~ MP~A ~ a~' ' pOTCUPI1ENTy . ~ ~ ~ `hQ~?~~QROe~n' ~ h . _ ~ YEA~ ~ ,y~~ pEP-- a YEtiUE ,r • ' 2 V. ~ Q ~ ~ 0' ~ sr ~n ~ ~3118'73~* ~ ~~~,~~i,i~ ~S n _--~t •~i „r - p.!- ~ ~ n wt d~, ~ ~g - _ ~St ~~~y~1E~ t'~ ~ . ~ ~ 7 ~ . , . . ~ ~,,,c~s. ~ ~ together with all and singuls~ the tenements, hereditaments snd app~rtsnces there~rnto belonging ot in anywise ~ppertaining fhettto, and a0 ~enb, iuuts, j proceeds a~ profits acuuing and to acuue from said premises, all of whicf~ are intluded in tt~e s6ove snd fore9oinp dewiption and habendum. ' i F TO HAVE AND TO HOI~ the sbove dewibed and gra~ted premises unto tF?e s~id MORTGAGEE, its suocesson and astipns forever. And th~ ssid ~ ~ MORSGAGOR for F?eirs, executon, sdmi~is?rators and sssigns, hereby covenants with ths said MORTGAGEE, its avaeswn ~nd astipro, ~ f rhat -~~3~-~~-- lawfutly xized of the said premises in fee simple; that ths same ~re free, clear and discM~ged from ~II I'~er~s ~nd ~ncum- brances in iaw or in equity, and that t~Y will and their heirs shaU.wurant and defend the titk to the same to the said MORiGAGEE, its sucussors and assgns, forever against the lawful clsims snd demands of sll persons; f PROVIDED, ALWAYS that if t}x MORTGAGOR ~hall pay unto the MORTGA6EE ti~s promisso?y note hereinbefwe destribrd snd shaN truly, promptly ~ and fully perform, discMrge, execute, complete, comply with and sbide by euh ~nd erery the stipvlations, ~yreements, tonditian ~nd toven~nts of said ~ ~ promissory note and of this Mortgaqe, then thii Mortgage and the Eshte hereby trested sMll cesse ~nd be null and void. ~ IT IS UNOERSTOOp th~t the wwd "Mortgagor' whether in the singular w plwsl ~nywhere in this Mwtgsge, sh+ll be sin9ular if one Qnly ard ~ shall be plural joiMly snd ieverally if more than one, a:~d rhat the wwd °their" at v~ed anywhere in tha Mortys~e shall be tsken to mean "his,'• ••hen,'• f o~ "its," whcrever tix context so implies or ~dmits. Also, that wherever there is • referencM in the covenants ~nd ~yreemenn herein tontai~+ed to sny of ~t the partid hereto, the same shall be conitrued to mean as well ~s the heirs, leyal representatives, successors and auigns (either voluntary by act of the ; parties or involuntary by operatan of the !aw) of the ssme and that the covenants herein contained sh~ll bind and the benefiri an~ advantayes iour~ so the respective heirs, legal representatives, successors and ass~gns of the parties hereto. ~ And said Mortgagws, fw themselves and their hein, legal represe~tstives, iuccesson and usigns, hereby jointty and sevaally corenant and ay~ee ~ ro and with the said MORTGAGEE, its sucsessors and auigns: ~ 1. To pay al! and s'ugvlar the princ;pal snd imerest snd the vsra~s end sundry :ums of rta~ey p~yable by virtue of ssid promissory note, and thh mortgage, each and every, promptly on the days respectively tF~e same severally become due. ` 2. To p+y all and ~ingular the taxes, sssessmenb, levies, lisbilities, obligations a~d encumbrances of every n~twe and kind now o~ said described Propaty, or that Ixreaher msy be impo~ed, suffaed. Plxed, levied, or auessed thereon, q that hereafter may be levied o? ~ssetied upon this Mor!¢ age, w the indebtedness secured hereby, exfi and every, whe~ due and p+yable, accwding to law, befwe they becoen~ delinquent, and before ~~r imsrest s a+eaches or any penalry is inevrred; AND INSOFAR /45 ANY THEREOF IS Of RKORO T1tE SAM.E SHAII BE PROIY4PiLY SATISf1ED AND DISCHARGED OF ~ RECORD ANO THE ORIGIIJAt OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSE~ ? OR CERTIFIED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ar?d in the event that any the?eof n no~ ; paid, sat"sfied snd dfschsrged sa:d 1NCIRTGAGEE may at any ame pay the same or any p~rt the~eot without wairing a sffecting sny optan, lien, equity or s •~qht ~nde~ or by virtue of this mortgage and the fvll amount of each snd every such paymenf shall be immediately due and payabk and shall bear interest ~ ~•om the date thereof until ~d at rate of nine r centum r~nnum end t ! pa~ pe pe oyerher w~rh such inteae~t shall be secured by rhe lien oi th:s morytsge, 800K~1~ Fdfi 1.J.3~ - = ~ ~ _ _ _ r