HomeMy WebLinkAbout0136 • 2603~~ ~
THIS INDENTUR the 27th da of ~1 ~ A.p. ' 73
- b~lwte.:
CEhar~les R. on~van, r. an a er ne , novan, ia w~fQ
of ' County flaid~, he?sina(tM dtsignated as tM "MORTGAGOR;' and FIRST FEOERAL SAVINGS AND IOAA~
ASSOCIA?tON Of fORT PIERCE, o cwpaatio~ w~u~tz~d and ~xistin9 unda t1» lawi of tM Un~t~d St+t~s of Am~riu and hav1.~ ita principal pt~c~ of
buw»is tn th~ City of iort Pierce, St. lucie County, flaids, t+~ninaft~r daiynated a tM "MORIGAGEE."
WHEREAS tM MORTCsAGOR is justly ind~bt~d to the MORTGAGfE 1n ths sum of s 1 S i ZOO. ~ ,~ooJ and lawful money di the Un~ted
Statss advanced by ths MORTGAGEE unto th~ MORTGAGOR, as evide~ced by a ce~tain promisw~y not~ of ~ven da~e herewith, of which the followirq in
s 15 2 i~ t. ~ i; • trw topy.lo-wit: ~11~0013~
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io.~ Pk.c.. F~o.3d+. •lll l y 19
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Fw value received, 1, we or eirher of us, promis~top~~wi
jiosrt defalcaNon, Io ~he order of FIRST FEDERAI SAVIf~C's5 ANO IOAN ASSOCIATION Of
FORT PlERCE at Fat Piace, Fbrida, the sum of s lV~~' ~V with interest irom date st the rate of S' 9% pa +nnum, in ma?Ihly install-
meroi as fol~ows: s 155. ~ on the ~th day or~pt~ber ~ ~9 73 and a lika sum on the correspwxJ~np day af each month the~r
after until the whole 6e fully paid.
Esch installment first shali be applied in paymeM oi tM inttrcst and then on the ~npaid bala?+ce of the prindp~) sum. If deisult is ~ds in the
pay~nent of any instattme~t when dus, and wch default tontinues 30 dsys, then at the option of ths holder, and without ~ny other notice, all the remaining
lnstallments sMll be due a~d payable at once. Privileye is given fo prepay thn note in whole w in p+rt ~I sny time withovt penalty. Neilher faebearance,
nw ~cceptsnce bY the holder theceof after a~y defwlt in any payments hereon, shall bs detmed exte~ssion. A late payment charge of = 7''S~ shall be
added to aach installmenl rem~inirg vnpiid 7 d~ys after its dus date, and a like sum shall be added to each wch installment rcmaini~g unpaid 7 days after
each ~vtteeding paymt~t date.
Each make~, surety and endorsc~ hereof, jointly and sever~lly, w~ives demsnd, prexntment protest and notice of p~oteit fw ~onpayment, and further
agrees ro any ex~ension of time of payment, eitl+er before w after maturity, without notice to any of us; and to pay all costs of collection, incl~ding a
reaionsble attorney's fee in the event of any defau3t hereunder, snd hereby severally waives all bencfit of homestead and exemption u~der the constitution
and laws of each Sate of the Uni?ed States, as sgainst this obliyation or any extcnsion w renewsl hereof,
Witneu the hand and seal of each pany.
S/ Charles R. O'Donovan,Jr~y
cs~?~)
er ne novan ~
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~ ~22.8~ ) Stat~ Reveaue _ ~L_
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NOW, THEREfORE, the MORTGAGOR tor the purpose of securirg payment of said sum of = 15 ~ Z~ ~ and the performance of tM
covenants and agrecmenb hereinafter expreued, and fw divers good ~nd wlwbtt consideratioru, 'by these preunts, does gront, bar~sin, sell, remise,
retease conv~y ind confirm unto the MORTGAGEE, ifi s~ccessort and +uigns, alI that certain bt, piep or pucel of land, situate, lying, ud beug in ths
~~R~ ~ $t . Lucie and Sute of florida, descr~bed es followu
All of Lot 34, and the West 37 feet of Lot 33, Block 72, of BILTMORB PARK ,
SUBDIVISION, as per Plat thereof recorded in Plat Book 4, page 52 of the
public records of St.L ucie County, Florida.
~ STATE oF FLO F21 ~A ~
oZ ~ DOCUMENTAR S,TAM P T a X ~
c~ O£a7.Oi REYENUE i •
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~ !oge~he~ with all and singular the teneme~ts, hered~tsments and appurtantes thereunto belonginQ w In anywise ~ppert~i~iny thereto, and ~II reon, iuvss.
I proceeds ~nd pofits acvuing snd to eccrue from said premises, all of wFiKh ara included in the above and fwe~oirg deuription and habendwn.
! TO HAVE AND HOW the above described snd granted premisei vnro the said MORTGAGEE, its s~aessors and ~uiyra forevN. Md th~ saW
; ~Reir
, MORTG R for heirs, executors, administraton and aasigns, I+ereby tovenants with tM s~id MORTGAGEE, its sutcesson ~nd ~stipro,
4 '~iey are
~ ~hst Iswfuily uiud of the said premises in fee aimple; tMt the ~ams are fres, cle~r ~nd dscharged from al! Iteru and encum~
; brances in law or in eq~ify, snd thst they W~~~ their h~in shall wsrraot and defeod ths litle to the tame to the said
` MORTGAGEE, its successon and assigns, faever sgsinst the Iswful claims and demands of all persan;
i
PROYIDED, ALWAYS that if the MORTCaAGOR shall pay unto the AAORTGAGEE the promiuwy note hereinbefwe dexribed u~d sh+ll truly, promptly
and fupy pe~form, dixh~rge, execute, complete, comply with and abide by esch and every the stipuiatiorts, ayreernents, conditiau and oovenanri of said
? promissory note and of this Mwtgage, t}~e~ this Mwtgsye end the Estate hereby crested shall cease and be null a~d void.
' IT IS UN~ERSTOOD that the word "Mortgs~or" whethe~ i~ the sirgvlar or plura) anywhere in this Mort9spe, sFull bs ~inpular if one only and
shall be plur~l jointly ~nd severally if more ti?sn one, and thst the word '"their" ~s used anywhere in this Mwtp~qe shali be hken to m*sn "his,•• •'hen,'•
t or "its;' wharever the context w impiies or edmirs. Alw, that whcreva rhere is • refe?ence in rh. covenann and agreemenn he?e~n contained ~o any of
the psrties hereto, tM s+me shall be caunued to mesn as well ~s the heirs, kgal repreunt~tives, successon and ~ssigns (either volumary by ~tt of tF~s
i perties w invol~nt~ry by oper~tion of the law) of the iame and that the covena~ts herei~ contained ahall bind ~nd the bensfitf ~nd ~dvanta¢~s invre
~ ro the respective heirs, tegs) representatires, successors snd asi rn of the
~ ~g n paAies hereto.
" Md ssid Mortgagw~, for tlxmselves and their hein, legsl representalives, wcceuors and sssiyns, hereby joiMly and seve?ally coven+nt and ~yree
~ ro snd with the said MORTGAGEE, its s~ccnsors and ~saigm:
~ 1. To psy all and sirgvlu the principal and intereit snd ti~e wrious snd sundry sums of money payable by virtue of s+id promissory note, ~nd this
mort9age, each and erery, promptly on the days respectively tl+e same severally becoms due.
~ 2. To p~y dl and singul~r tF~e taxes, auessments, levies, liabilitics, obligatiau a~d encwnbr+nces of every n~wre and kind raw on tsid desuibed
~ Prop~ny, or th~t he~eaher may be imposed, suffered, plxed, kveed, o~ assessed tFroreon, w tMt hereafter may be levied o~ as~essed ~rpon this Mort~
~ aye, or the indebtedncs~ secured hereby. each and every, when due and payable, sccordirg to Isw, befae they become delinqueM, and befor~ any G?terest
~ attaches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISf1E0 ANO DISCHARGfD Of
? RECORD AND TNE ORIGIt3Al OFf1~lAL OOCUMENT (SUGH AS, FOR INSTANCE, 1NE TAX RFCElPi OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSELI
~R CERTIFIED) SHAtI BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thcreof a not
paid, sst:tfied and diuharged sa:d MORTGAGEE may at any time pay the aame or any part thereoi withaut waivinp or affectiny any option, lisn, eqvity q
4 •~aht under w by virtve of thi~ moatgage and the fvll amount of each and every such paymem shall be irrvnediately due snd pay~ble and thall beu interest
f~om the date thereof until psid at rrte of n~ne per tent~m per ~nnvm and together w~th su e be stcur~~t`e lien of th:s mwytayt.
B 0 FAGt` i
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