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HomeMy WebLinkAbout0030 - - ~ - .-i_ _ ~ . ` - ;~6868~1 THIS INDENiURE. Made " 3rd day of October A.D. 197~ be~~ean t1 `f_ _ _~-.~---f,c - i. Flynn and 't~ry Flvnn, his wife of $t. I.UCle ~~~~y Florids, herei~afrer desg~~ated as the "MORTGAGOR," and FIRST FEOERAL SAVINGS AND LOAN ASSpCIAT10N OF FORT PIERCE, a corpaslion wganized a~d exisling under lhe laws of ths United S?a?as of America and having iti principal place of butines~ in ths Ciq of.Fwt Pisrce, St. Lutie County, Flwida, F?ereinafter desi9nated as the "MORTGAGEE:' WNEREAS the MORTGAGOR is j~stly indebted to the MORTGAGEE i~ the sum of = 31 ~ 900 yyo~ and lawful mo~ey af the Un:ted S+ates advanced by the MORiGAGEE uNO the MORTGAGOR, as evldenc~d by n certa~n promissory note of even date herew~th, of which the ioilow~ng in words and figures is a Irue copy, to-wit: f 31, 900 .00 No 10020466 fort Pierce, Flw~da, ~tober 3 ~q '13 iw value received, 1, wr or either of us, prom~se to pay, without de~atca~ion, to ~he order of FIRST FEDERAI 5!?VINGS AND LOAN ASSO~IATIOV Of FORT PIERCE at Fat Pierce, Florida, the sum pf j- 31L~~'~ with interest from date al the rate oP!25'o pe+ annum, in monthly initall- ments as follows: j 293.~0 _ on tho 2Othday of Novenber ~y 73 and a like sum on the cwrespond~ng day of each monrh there- afier until Ihe who:e be lully paid. Each instellmenf iirst sl~all be appli~d in payment of the iNerest and theo on the unpa~ci baiance of ine princ~pai sum. ii ueio~~i ~s ++~adz t:u Hay~nent of any installment when due, and suth default tontinues 30 days, the~ at the option of tFx hoider, and withour any o±ner ~otice, all the remaining :~~stallments shall be due and payab!e at once. Privilege is givrn to prepay this note in whole or in part at any time without penslty. Neither fwebearance, nor accepta~ce by ?he hotder thereof after any default in any paymems herean, shall be deemed extension_ A late payment charge of = 14.65 shall be added to each inuallment remaining unpa~d 7 days after its due date, a~d a like sum shall be added to each s~.4h instaltment remaining unpo~d 7 days aiter each sutteeding paymont date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presem~nent protest and not~ce of protest for qonpayrr.~nt, and further agiees to any extension of t~me of payment, either brfore w after ma~urity, without not~ce to any of us; and to pay all costs of co~iection, i~clud;ng s reasonable attorney's fee in the event oF any def~vit hereunder, and hereby severally waives aIl benefit of homestead and exemptio~ under the constitution and laws of eath Srate of the United States, as against this obligation o~ any ex~ens~on or renewal F~ereof. Witness the hand and sea~ of each party. (SEAy S/ t~t. F. Flynn ~~Ai~ ~ (SEAU S/ ' ia ry F~ F 1 Yn1'~ ~sEnU ~ fi 47 . 8 S ) State Rev~?+ue (Sraropa ~ieY~ed.w .o~iginrL ~o~te) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of : 31,900•~~ s~ p~~formance of the covenants and agreemenfs hereinafter exp~essed, and fw divers good and valuabie considerations, by these presents, does grant, bargain, sell, remise, release, convey and conf~rm unto the MORTGAGEE, its succeswrs and assigns, all fhat certain lot, piece or parcel of land, situate, lying, and being in the County of St . LttC 1 Q _ and S~ate of Florida, deuribed ss follows: Apartment No. E_ 3~~~a Entrada Del Mar, a Conodominium according to the Declaration-of Condominium dated December 30 , 1972, recorded in Official Records Book 220 , page 1747 of the Public eecords of St. Lucie County, Rlorida, together with a~l of ; ~ its appurtenances according to the Declaration including an undivided ' ~ interest in the coamon elements of said Condominium as set forth in the Declasation~ and as re-recorded to reflect additional exhibits in I O. R. Book 220, page 2192 St. Lucie Countv, Florida, public records. ~ ~ Subject to the terms, covenants, agreements, obligations and provisions of said Declaration of Condominiura which mortgagor in all things does f covenant to_~nortgagee faithfully to observe and perform. . i ~ 0 ~ ~ ~ „ ~ STATE ~F ~L.~JRIDA ~ DOCUMfN7ARY,~:,,. STAMP 1l.~i ~ Z ~ ~ IN PAYIWfNi ~ TIO(ES c°-' °o JEAI. OF REVEI~IUE t:;.~~`a'.~~ x~ - DUE ON CUISS'C lNTANGIEIE PER90NAl PROPERiY. N = = a::Y 1 S'7~ ~ 4 Z 8 5 1 ~~T TO CWIPTER 71-134, ACTS OF 1911. ~.y ~ = P.B. ~ ROGE4 POITRAS I~~ ~ = ~~io~ . ~'.•~...~s ( ~ CLERK C1RCl11T CUURT, Sf. lUC1E CO., fUl ~ . ~ • together with all and singu~ar tfx tenements, I~e~editaments and appurtances thereunto belonging or in anywise appert~ining thereto, ~nd all rents, issues, ~ proceeds and profits atcruing and to acu~e from said premixs, aIl of which are included i~ the sbove and fwegoing deuription and habendum. ~ TO HAVE AhD HOLD the above dexribcd and granted premises unto the said MORTGAGEE, its successors and auigns forever. Md the said MORTG R fw - ~~elr ~~.s, executws, sdministrators and assigns, hereby covenant~ with the said MORTGAGEE, in successws and sssigro, ~ rhat -~~el~ a re ~ewfully seized of the said premises in fee simple; that the same are free, tle~r and discharged from ~II lieru and encum- 0 - b+ances in law or in equity, and that ~QX will and t~le1.Y heirs shsll wsrrant and defend the title to the s~me fo the said '~ORTGAGEE, its suttessors and assigns, forever against the lawful claims and demands of all persons; - " ' PROVIUED, ALWAYS that if the MdRTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefwe deuribed and shall truly, promptly _ and fully perform, discharge, eae~ute, complete, comply with and abide by each and every the stipulations, sgreements, conditio~s and covenants of said =~t oromis~ory mte and of this Mortgage, then this Mwtgage and the Estate hereby neated shall cesse and be null and void. ~ IT IS UN~ERSTOOD that the word "Mortgagor" whether in the s~ngutar or plurat anywhere in this Mortgsge, shall be :ingular if one only and ' ~ shall be plursl jointly and severally if mwe than one, and that the word °their" as used anywbere in th~s Mortgage shall be taken to mean "his;' "hers," °3 or "its;' wF~erever the context w implies or admits. Also, that wherever there is a reierence in the coveRants and agreements herein conlained to any of Q the parties hereto, the same shatl be construed to mean as well as the heirs, legal representatives, s~ccessors and assigns (either voluntary by ad of the ~ ~ parties o~ involuntary by operation o4 the law) of the same and that the covenaMS herein tontairxd shall bind and the benefits and sdva~tages inure ~ ro the respect heirs, legsl representatives, succeswrs and ass~gns of the partEes hereto. And s~Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severolly tovenant and agree ~ to and with the uid MORTGAGEE, its successors and as:igns: Q P~ c~ 1. To pay all and singulat the ~rintipal and interest and ine various and sundry sums of money payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same severalfy become due. ~ 2. To pay all and ~ingulsr the taxes, assessments, levies, liabilities, oWigations and encumbrances of every nature and kind now on said dexribed ~ property, a that hereafte~ msy be imposed, suffered, placed, levied, or assessed thereon, w lhat hereefter may be levird M auessed upon this Mortq-A' age, w the indebtedness secured hereby, each and every, when due and payable, xcwding W law, before they become delinquent, ~nd before any imcrest L~ ~ arraches w any penatty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~Q RECORD AND THE ORIGlhAI OFFlCIAL DOCUMENT 1SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtIY ENDORSFD pap OR CERTIfIEDy SNAII BE PIACED M THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYlHIENT; and in the event that any thereof is not pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity or .~qht vnder or by virtue of this mortgage and the full amount of each and eveiy wch payment shall be immediatety due and payable and shall bear i~terest F'~ ~rom the date thereof until paid at rate oi n~ne per centum per annum and togethe~ w~th such interest ~hall be secuied by the lien of th's morgtage.