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Home My WebLink About1537 ~ 261336 TNIS INCENTURE, AA~d~ tM 313t day of A.D. 19~~... !»tw~ John G. Sheehan and Irene N. Sheeha~i~~hi~ ~t fe . of St. LL1C1@ Cp~~y F~prida, h~r~inaftK dtsgnated as tt+~ "MORTGAGOR," ~ed fIRST FEOERAL SAVINGS AND IOAN i ASSOCIATION OF FORT PIERCE, • corporatan or9u?iud ~nd ~xi~tinp tM lawt of tM UnN~d Sqtq of Amuic~ and havinp ib prtnclpal pl~c~ of ~ buuMq in tM City of fat Pipn. St. tuci~ Cov~ry. Florid~. Aatin~ftK d~sipn~t~d ~s th~ "NIORT~'sl1GEE.° . WHEREAS tM NWRTGAGOR is j~stly ind~bt~d to tM MORTGAGEE io tM ~um of ~.23 ~ 9~0 . OO ,'9ood and I~wfui mor?~y of the Un~ted ~ Srates +dvanc~d by ths MORiGAGEE unto ths MORTGAGOR, as ~videnced by ~ catain promiuory not~ of ev~n date Mrewith, of which tM foliowinp in wwds and fipurq is ~ trw topY, to-wiR , = 23, 900 . 00 r,~, 10020~59 ; fwt PiKa. Flwid+. .7t1 ly 3 L T_19.~ ~ t~ For wlve receivad, 1, we w either of ~s, promiss to x without d~falcation, to ths wde~ o( FIRST FE~ERAL SAVINGS AND LOAN ASSOC!ATION OF ~ FORT PIERCE at fwt Piarc~, Fiaids, the sum of = 2 3~~" ~ w;th intere~t trom date at the rate oN~ 7 5 76 pe* uu+um. in mo~~hty inst~ll- ments u follows: i ~-97 • 00 on rh. ~~lday of NovPTnher ~9.~_ and • like sum on the cwreipondlnp day of ec,th month thrr~- after uMil the whole be fully paid. - Each insullment fint ~hall be applied in p+yment oi the inMreit and then on the unpaid b+bnce oi th~ priocipsl tum. ti tkfsuh is mad~ In tM ~ ` payment of ~ny installment whe~ dve. and ~uch default contindls 30 days, then at ths optan of tl» holder. and without any other notice, ~U ~he remaininp y installmenri ~hall,be due end payable at once. Privilege is yivrn to prepaY this note in whol~ or in p~rt ~t sny time without pen~lty. Nsither forabsa~~nce, ~ nor acceptanc~ by the hoider thereof a(ter any defauM in any paymenri hereon, shail be deemed extension. A late psyment cMrge of 8 5 sMl1 b~ ; ~ added to each inatsllme~t remaining w+pa~d 7 days af~er in due date, u~d a like wm shall be added to each iuch in~tallment remai~irg w+p+id > J~ys +fter } ~ each s~rtceeding p~Yment date. E+ch maker, surey ~nd endorser hereof, joinNy and severally, waives demand, presentment protest snd notics of protest fw nonpaymen~. +r+d furtha~ agrees to ~ny e:tauan of time of paymero, either befwe w after maturity, without ratice ro any of us; and to pay all coih of collMion, includiny a ~ reasonable attorney's fee in the event oi sny default hereunder, and hereby severelly waives sll bene?it of homestead and exemptio~ undet tM oonstitvfan ' and laws of each State of the United Stare~, as against this obligation or any extension or renewsl hersof- ~ Witness the hand and seal of eath party. ~ ~ S/ John G. Sheeha~ ~s~?u S/ Irene N. Sheehan ~wu ~ c~?u r,~ . (~?U ~ S 35 . 8 5 ~ st.a ae~~ ~..'.~.snu.~ar~~e+Na.6e.s.) rg psyment of a~id sum of f Pe?f NOW, THEREfORE, the MORTGAGQR fw ths purpose of secvri 2 3. 9 0 0 ~ ~nd tM ormance of ths coven~~ts and apreemenb FK?einafter expressed, and fw diven 9ood ~nd wlwble conside~~tions, by thes~ presenn, does ynM, baryair?, sell. rem;se, release, tonwy ~nd tonfirm unlo the MORTGAGEE, it~ suucasws and ~ssgns, ~II tMt certain bt, pieo~ or pucel of land, sitw», lyirg, ud beirg in tl+~ ~a,~M $t. Lueie , and State of Florid~, dexrib~d as fdlows: Lot 6 and the North 33.33~if Lot 7, Block 45, SAN LUCIE PLAZA SUBDIVISION, as per plat thereof on file in Plat Book 5, Page 57 of the Public Records of St. Lucie Caunty, Florida. Q . ' M STqT oF j o~ DOCUINENIARY ,~~t~ORICJq ! - ~ r ~ i!EPT. pF S T14 i ~ . P.EI?EMUE ~ ---~.p T~ ~ ! . ~ ~ ' ~ ~W+f~'~3 ~ • ~ A ~ . ' ~ ~ ~ 1 ~ ~ ~ ~ ~ ~ ~ - ~ u~ w~rMOrt oF ~rnaee uuE aN aas ~ acr~r~e~ ~ w~xtt, ~r ~ro aMr~ ~as aF ig~~.~ ~ ~ ~ort~ pbiK d1i~U1? OOURT, Si. UlCIE 00, Rll f together with sll and singul~r tF~e tenements, hereditsmenn and apputt~nce~ therevnto belonginp w in anywise apperqlninp tkereb. ~nd ~II rtnn, issws, i Proceeds and profin acuuing and to accrue from said premises, all of whicfi ue induded in tha ~bov~ and fora9oirg d~suiptioo and h+benelwn. ` TO HAVE AND TO HOW the above described and granted premises unto th~ s+id N10RTGAGEE, i» waeswn and sssipns foreva. Md tM said ~ MORTGAGOR fw ~elr executors, sdministrstors a~d auigm, hereby coven~nts with tM said MORTGAGEE, its ~uaessors ~nd attipro. ~ i ~hat are Iswfully seized of the said premiies in fee simple: that tM s~ms u~ fr~e, clw and diacharped from all liens and ~nn+nr 1 brances in law or in equity, end thst they witl and their I,e;n shsll warr~nt and def~nd the titk a the sams ro tM sald ~ MORTGAGEE, iri succeuors snd auiyns, fwever against the Iawful cliwns and demands of ~11 perwrot ~ PROVIDEO, ALWAYS th~t if the MORTGAGOR sh+ll pay unto the MORTGAGEE the promiuwy note hereinbefwe dewibed a~d shall frvly, promptly and fully perfwm, d~scMrpe, execure, compkte, compty with and sb~de by esch snd every tF~e stip~rlatio~s, spreemcnb, conditiau and cove+unb of s+id ~ promissory note ~nd of this Mortgage, then this Mortgsye and the Estsro hereby vested ~hsll ue~s~ and be null and void. ~ IT IS UNDERSTOOD that t!?e word "Mwt9ayor' whether in tF~e singvlar a plwal ~nywhen in this Mortyspe, shall be sirgulu if on~ only and shsll be plural jointly ~nd severally if more than one, and that the vrord "tF?eir" as used snywhere in this Mortpa~ shall be taken ro rtee+n "his." "htn;' ~ w"ia;' wherever the context ao implies w admita. Also, that wherever there is a r~ferenu in the cownu+n ~nd ayreemenri hersin ca?tiu~ed ro aMr of the partia hereto, the tame shatl be caatrued to mean u well as the hein, {eyal r~presentatives, wccesson and ~ssiyns (eithar wiunury by act of tM partie~ or involuntsry by operation of the law) of the same snd that the covenann herein cont~ined shall bind and the b~nefid and advanta~s irnx~ ~ to the respective heirs, leyal representatives, successws and au~yns of the psnies hsrdo. And said Mortgapon, for themselves and thei~ hein, legal represent~tives, wccessors +nd assiyns, hereby jointly a~d sevaally oovenant ~nd ap~~e !o and with the ~aid MORTGAGEE, in successors and +ssigro: ~ s,; ~ 1. ?o pay all and sirgubr the p~incipal ~nd interest and the v~iaus snd sundry wms of morwy p+Yable by virtue of ssid promiuay note, snd this ~ mort~~ye, each and every, promptly on tM d~ys respectively ti+~ ssme sev~r~lly becan~ d~re. ~ ~ 2. To p~y dl and siigulu the aza, assessments, kvies, liabilit~es, obliyaYa~s ~~d encwnbranus of every n~tvre and ki~d now on s+id d~scr~ad ~ p?operty, w that heresfter may be imposed, suffered. Pl~ced, levied, or astessed thereon, or thst hereafter may be levied a~ssessed ~pon this Morq- age, or t}w indebtedness secured hereby, e+ch and every, when dw aod p+y+bk, accordirg to law, befor~ they becoms delinqueM, ~nd befw~ ~ny intersst artaches w any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNALL BE PROMPTIY SAT{SFIE~ AND DISCHARGED OF RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFF{CIALLY ENDORSED OR CERTIFIEO) SHAII BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER aAYJNENT; snd in the evsnt thst any N~ereof is not paid. sat'sfied snd discharged seid MORTGAGEE may +t any time pay tF+e ~aine w a~y part thereof without waivirg a ~ffediny any option, lien, equity or g, •~qht urxler w by virtue of this mortgsge snd ti?e full amount of each and every wch paymem shall be imrnediately d~re snd payabk snd shall bear interest ~.om the date thereof until psid at rate of nine per ce~tum per annum a~d to~ether with such interest shallo Rtet~r~d~ the lieri~t '~'r`/ yta~e• s gOQ!(Gl PAGE1 ~ _ _ s ' ~ ~ ~ r,.__ ' .