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Home My WebLink About1883 1 2`70059 ' 27th November _ n.o. ~s 73 ~Txe~~ THIS INDENTURE. Made the day oi Rbbezt H. MuYphy and Myriam N. Mur~hy, his wife of St• Ll1Ci@ Counfy Florida, hereina{ter desynated as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, a corporation wg~nized and existin~ under Ihe lawi o( ths Un~ted St~i~t of Amtreu and hsvirg itt principal place of butineu in ths City of fo?t Piace, St. lucie Counry, Flweda, he~einafter des~gnated as ths "MORiGAGEE:' WHEREAS ths MORTGAGOR is ~vstly indebted to the MORTGAGEE in the sum of ~ 46 ~ , good and lawful money of tF~e Un,led States advanced by the MORIGAGEE unto the MORTGAGOR, as evidenced by a certain promisswy no~e ol even date harewith, of wh~th the followin9 in words and figures ii a ~rw copy, to-wit: s46,000.00 N, 10020544 Fon v~e?~•, Flwida, November 2~ 19 73 Fw vatue received, 1, we w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAI SAVtNGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fforida, ~he sum or S 46, 000• w~th inrer;;st from date at ~he rate of _ 9• ~o per annum, in monthly ins~all- ments as follows: i429.~0 r,, .ti„ 2OttI d~y of January ~9_74 and a like sum on the cwre~pond~ng day of each momh there- afte~ unti~ the whole be fuliy pa~d. Exh insta~lmsnt f~rst shall be applied :r, r~;er.e.^.! of the interest and then on the unpaid balance of the princ~pal sum. tf default is made in the paymenl of any installment ;~!~+n c~..e, and such dafault continues 30 days, then at the option of the holder, and without any other notice, all the remaining inatallments shall be d~x and payabte at once. Privilege is g~ve~ to p~epay thia note in whole or in p~rt at any time withaut penalty. Neither fwebea~arxe, nor atie~t;~~byGtb~ trtldu thereof aftrr a~y dafault in any psyments herean, shsll 6~ deemed extension. A late payment chsrge of S 21 •45 shall be addFd to eath installment ranaining u~pa~d 7 daya alter its due date, and a like sum shall be added to each such installment rema~ning unpaid 7 days aiter ~ach succ~~y psYment date. Eath makei, surety and endorser hereof, joinlly and severally, waives demand, presentment protest and noticr o( pratest for nonpayment, and further agrecs to any extension o( time of payment, either beTore or after maturity, without notice to any of us; and to pay all costs of colleclion, includ:ng a rca~o~able attorney i fee in the event of any deFau7t hereunder, and hereby seve~ally waioes all benefit of homestead and exemption under the constitulan :,nd laws of each State of the United States, as against this obligation or a~y eztens~on or renewal he~eof. Witness the hand a~d seal oF each party. - {SEAL) s/Robert H. Murphy «Ai~ (SEAL) s/Myriam N. Murphy ~~i; ~ $69.00 ~ State Revenue ~ (et«wp~ ww~e8e~~w ~:giiw4.waa1 NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of : 46 and the perfwmance of the covenants and agreements hereinafter expressed, and fw divers good and vatusble considerations, by lhese presents, does grant, barga~~, ae11, rem;se, release, convey and confirm unto the MORTGAGEE, iti successors and assi9ns, aIl that certain lot, piece or parcel of land, situate, lying, and being in the Counry of $t. Ll1C1C and State of Ftorida, dewibed ss follaws: Begin at the Southeast corner of Lot 7, Block 2, CAROLInAOD TBRRAC~ as recorded in Plat Book 14, page 49, St. Lucie County, Florida, run West 2 feet, thence run Northerly to the Northeast corner of said Lot 7, thence run South along the East line of said Lot to the point of beginning; and Lot 6 less and excepting there- from the followinq described parcel, Begin at the Southeast corner of Lot 6, Block 2, ~AROLWOOD ?ERRACE as recorded in Plat Book 14, page 49, St. Lucie County, Florida, run West 2 feet, thence rbn yortherly to the Northeast corner of said Lot 6, thence run South alon~,,.the;,~ast line of said Lot 6 to the point of beginning, t~ ~ ~ STATE -~F F1.._G't-`~- ~ 1 't ~r,'~~~~ ~ , i DQtUMENTARY~`: ~ STE+MP i l~ s ~ - ' ~ c•. ~ . o? r~ - ~ - . , , :c_ _ . j ~ ~EPL OF Y,EV~NUE F_•~'`1 4 ' ~ - , - ; ~ _ - °ct-7'73~~.4i??~ .:.f~ : v 3. 0 0 ! ~ ~C,, 1, ~ N - P.Y. ~ • ~ a- ,r C - ~ o ~ IIi02 t a~. - . ~ ~ ~ - ~ 1 ''i~~~ ~fl, y . • ~ J t This instYUment Prepared by J. H. Roberts, Jr. , ~ '~~~~,;~::n~:: ~irst Federal Savings & Loan Association of ~ Fort Pierce, Florida - ~ • ~ IN PAYMENT~~ A:CEIVE C~ IN7AN6~B~ ~ p~~~ANt TO C1i11P'iER ~1'13~1. 11~T~ 1971. ~,p,~ ROaER PO~1W~S ~t~l( CtRCUIT C~1Rja ST. UIC~ 00~ flA' ~ rogether with all and singular the tenements, heredltaments and appurtances t reunto belonging or in anywise eppertsini~g thereto, and sll rents, iuues, ~ proceeds ~rsd profits acuuing and to accrue from said premises, all of whid? are included in the above and foregoing description snd habendum. * TO HAVE AND TO HQLD the above described and granted premises unto the iaid MORTGAGEE, its successors snd sssigns forerer. And ths ~aid ~ their ~ h50RTGAGOR fa helrs, exec~tws, administrators and assigns, hereby coven~nri with the s~id MORTGAGEE, its successors ~nd ~uigns, the are $ that y----- lawfully seizcd of the said premises in fee simple; that the same are free, dear and dischsrged from ~II I'~ens and encum- ~ ~ brances in law o? in cqvity, and that they W~~~ a~ their heirs shall warrant and defend the title to the same to the said MORTGAGEE, ifs successors and assigns, forever against the lawful daims and demands of all persons; ' PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory rate herei~before described and shall irvly, promptly - ard fully perfwm, d~uharge, execute, compkte, compty with and ab~de by each and every the stipulations, agreements, cwidiians and cavenanri of said ~ prom~aswy note snd of this Mortgage, t}~en this Mortgage and the Estate hereby created ihall cease and be null and void. ? ~ ' ~t ~ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular w plural anywhere in this :.:a?t9age, shall be sir+gulsr if one only and ? ~ shall be plural jointly and seve~ally if rtwre than one, and that the word "their" as uud snywhere in this AAortgsge shall be t~ken to mean "his;' "hen;' or "its," wherever tht context w implies or admits. Also, that wherever there is a reference in the coven~nts and agrcements herein contained to ~ny of ;:5 the pa?ties hereto, the same shall be comtrued to mean as weil as the heirs, legal reprexntatives, successors snd a~sgns (either volunury by +tl of the = parties or involuntary by operation of the taw) of the same and that the covenants herein conlained shall bind ~nd the txnefits and advantages inute ~ ro the respettive heirs, Iegal representatives, succes~ors a~d ass~gns of the parties hereto. And said Nlostgagors, for themselves and their heirs, legat representatives, successors and assigns, hereby joimly and severolly covensnt aed agree ~ to snd with the said MORTGAGEE, its suaetsors and assigns: 1. To psy all and singular the principal and interest and the various and sundry wms of money paysble by virtue o( said promisswy note, and this ~ mortgage, exh and every, p~ompHy on the dsys respectively the same severafty become due. ~ 2. To pay sll and singular the taxes, assessments, levies, lisbilities, obligations and tncumbrarxes of every nsture and kind now on said described property, w that F~ereafter may be imposed, suffered, plxed, tevied, w assessed thereon, or tMt heresiter may be Icvied a asseued upon this JNortp- age, or the i~debtedness ~ecured hereby, each and eve?y, when due and payabte, xcording to law, befae they betome delinqueM, •nd before •ny iMerest attaches or any penalty is incurred; AND INSOFAR A$ ANY THEREOf IS OF RKORO THE SAME SHAII 8E PROMPTIY SATISFIEO AND UISCHARGED OF RECORD AND THE ORIGINAL UfFIC1Al ~OCUMENT (SU~H AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISfACTION FAPER OfFICIALLY ENDORSED - ~ OR CERTIFIED) SHAII BE PIACED !N TNE HANDS OF SAIO MORTGAGEE WITNIN 1EN DAYS NEX1 AFTER PAYMENT; and in the event that sny the?eof is not paid, sat'sfied and dixharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving o: affecti~g sny option, lien, equity w •~pht u~der or by v'r~tue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest ~ ~~om the date thereof unril pa~d at rate of ~~ne per centum per annum and toge~he~ wnh such interest shall th PA~Ei8 s morytaye. ~s ~0~~~ . - - - ~ _ - - ~ ~ ~ . , _ . . : _