The URL can be used to link to this page

Home My WebLink About1538 ~ ~/iV ' ? + THIS INDEIJTURE. AAads the ZBth day of •~@CQibQr A.D. 19 7~ between Hovt C. Mur~hYi Inc.~ Realt~~a a RloYida Corporation of St • LuCie Couny FI«~da, here~nafter deignated as the• "MORTGAGOR;' a~d FIRST fEDERAI SAVINGS AND tOAN ASSO~IATiON Of fORT PIERCE, a cwpaation orpanized and exiitiny unde~ fhe law~ of ths Unitad Sts~~i of Ameriu ~nd havirp ib princip~l plac~ of buuness M the City of For1 Piacs, St, l~?cis County, FI«ida, hereinaiter deii9~a~ed as th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is juitiy indabted to the MORTGAGEE in the sum of 3 25 t Z~` ~ ~ good and lawful mo~ey of the Un:ted Statei advanced by the MORTGAGEE unto the MORTGAGOR, aa evidenced by a certa~n promisswy note of even date he~ewi~h, of which the fotlowin~ in wad~ and f;gures is •~rw copy, to-wit: ~25,200.00 ~ 20020590 Far r~e«•, Fiwida, ~ce~ber 28 1993 Fa value receivcd. 1, we or eithsr of us, prom~se top ±y, wi~hout defa!carion, to the order of FIRST FEOERAL SAVIIYGS AND tOAN ASSOClATlO~I OF FORT PIERCE at Fort Pierce, Florida, the sum oF 25 ~ 2W~ 00 w;th inrerest from date at the rate of9! 25 °o pe~ annum, in monthly install- ~nents as follows: s 226•0~, on the 2Ot~ day of ~Y1~ , 19 74 and a like sum on tF?e cwrespond~r?g day of each month therr atrea unfi! the whole be fully paid. Each installment first shall be applied in peyme~? of the interest and then o~ the unpaid balance of the p~inupal sum. If detault is made i~ the payment of any inslallment wher? due, a~d such default continues 30 days, tF?e~ at the option oi the I~older, and witMut arty other notice, all t1~e remaining ~nstallments :ha!! be chre and payable a/ once. Privilege is given to prepay this note in whote w in part at any time without penalty, Neither forebearance, nor atcsptancs by ths holdrr thereof after any default in any payments hereon, shall be deemed extc~sioo. A late psyment charge of S 1O~$~ ahal) be added to each installment rcmaining unpa~d 7 days after its due date, and a like sum shall be added to each such in~tallment rema~ning unpsid 7 days aftcr each sutteeding payment date. • Each make?, wrety and endorscr hereof, jointly and severally, waives demand, presentment protest and notice'of p~ofest for nonpayment, and further agrep fo ~ryy,sucfM}sion of time of payment, either before or after matu?ity, without notice to any of us; and to pay atl •costs oi collection, irrcludirtg a reasopaAle ai~tqney's- f~e +n the event of any defau~t hereurxler, and hereby severally waives all ber.efit of homestead and exemption under the constitution a~¢•~aviiy~df each StafQ o[~~kK UDitsd States, as aga~nst thia obGgation o~ any extens~on or re~ewal hereof. • ' y~;,,f.,'~~,,~ ' I~DYT C. AlJRPHY INC. RSAL'1~ORS ~ sesi of each pa~ry. s ~ (7~~'ORAtB M~I~D ' ' cs~W " ' ' ' ~ ~ ~ • ~ _ ~ ' BY: s/John S. Tierney Jr, aa Presi~ . ~ • LA...~ • 7: •4•f ~ ~ • . ^i • s . ~ . N~AN .4 ~ <~.~j ~4~:= _~~g~; s elen N. onstant , as Secre~~r ( - it~4~ Revenue (~rsqp e~ ~,°!~Al~tte~er- 25,200.00 NO HE1tEP~RE, the MORTGAGOR fw tF+e purpose of securing payment of sa;d s~m of = and tM pcrformance of th~ covenants ant~ aqreements hereina(fer expressed, snd ior divers good snd valuable tonsiderations, by these presenri, does g~anf, bar~ain,. u11, remiss, retease, co~vty and confirm unto the MORTGAGEE, its successors and auigns, atl lhaf certain lot, pieu or parcel of taRd, situats, lying, and being in 1hs ~~~~y SL. Lueie and State of ftorida, desoribed as fotlowi; i.ot 19, B2ock 215, PORT S2. LtICIB SBCTION 27, according to the plat theseof re- coYded in Plat Book 14 at page S, Public Records of St. I.ucie County, Florida, ES ~ ~t~ ~ ~IhEN~ . . . . . . . . O ~r Q~~t~~ ~y1y ~~`'~`~1~ EzJ? _,,4 •v~,,~~~`~~,1~~ ~w rn STATE FL~R:QA ~ (Lt~"~l,' ~QCi'"~~ ~$t• er ~i ° DO.CUMENiAKY.,~''-~.STAM~' 1!:> ~ ~.~t ~~C~ °c-~ GEP!. OF RfVEltUE I~" _ • ' ~ _ _ ~-.1~~. r~~~ 3 7 a a ~ ~ _ ,i oz~ t~ ~ ~ o E i i togetl~er with al) and singular 1he tenements, hereditaments ind sppururxcs thereunto belonging or in anywise appertsining thereto, and all rents, iuues, t proceeds and profits accruing s~d to acuue from said premius, all of which sre included in the above and faegoiny desuiption and hsbendum. I TO HAVE AND TO HOLO the above deuribed and granted premises vnto the sa+d MOR7GAGEE, its successon and auigns forever. And ths said ; MORTGAGOR for its hein, executon, adminisriato~s and assigns, hereby covenanb with the s~id MORTGAGEE, its succeuors and ~siiym, ; ~hat - iL iS lawfully uized of the said prcm~ses in fee simple; that the ssme sre free, clear and discharged from ~II lie~s and encwrt i brances in law o~ in equity, and tluf it will and ~ts heirs shell wsrrant ~nd defend the titk to the ssme to tha s+id E MORTGAGEE, its successors and ali~gns, fwever sgainst the lawful claims and demands of all ptrsons; ; PROVIDED, AlWAYS thst if the N10RTGAGOR shall psy unto ihe MORiGAGEE the promissay note hereinbefare desaibed and sfiaq t?uly, promptly and fully pe~form, diuha~ge, execute, tomplete, comply wi~h and abide by each and every the stipulations, agreemenri, tonditio~s and tovenanb of said promissory note and of this Mwtgage, then this Mortgage and the Estate hereby ueated shall tesse and be null snd void. IT IS UNDERSTOOD that the wad "Nbrtgsgor" whethe~ in the sinyular or plural a~ywhere in this Mortgsge, shaN be sirgulu if one onty and ~ shsll be piural join~fy and severatly if more than one, and thaf the word "the'u" as used snywhere in this Mwigsge shall be taken to mean "his;' "hen," w"its," wherever the context w implies a sdmits. Also, that wherever there is s reference in the covenanri and agreemenh herein contained to +ny of the panies hereto, the same _shall be construed to mea~ as well as the heirs, legaf re~esenbtivei, svccesson ard auigns (ei~l~er voluntary by acf of the i panies o~ involuntary by operatio~ of the law) of the same and that the covensnts herein contained shsll bind and the benefin and adv~ntages inure j ro the rospedive heirs, legal represeMatives, s~ccessors and au°gns of the parties hercto. And ssid Nbrtgsgori, fe? themselvei and their heirs, legal representafives, successors ~nd auigns, hereby jointly aod sevtrslly covensnt snd ~yree 3 ra and with rhe q7d MORTGAGEE, its successors a~ sssigns: 3 1. To pay all and singular the prirxipal and interest and rhe various and sundry svms of money payable by virtve of said promiuwy note, and this ' _ mortgsge, each and every, prompHy on the days respectively tFx same severally become dve. ' 2. To pay ~II snd singulsr the taxes, sssessments, levies, Iiab~lit~es, obtgations and encumbrerxes of every nature and kind naw on ssid described ~ property, or that hereafter may be impoted, s~ffereA, pl~ced, kvied, or suessed thereo~, w ti?~t hereafter msy be kv'~ed w assetsed upon this Mort9- ~ sge, a the indebtednci~ secured hereby, esch and every, when due snd paysble, ~ccord~ng to law, befwe tlxy become delinquent, and before any interest ~ attaches or aoy penatty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SMAE SHAII BE PROMPTIY SATISFIED AND ~ISCHARGED OF ` REGORD AND THE ORIGINAI OFFICiAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO ~ OR CERTIFIEO) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WiTHIN TEN DAYS NEXT AFTER PAYMENT; and in the evtnt tlut any thereof is not pa~d, sat":fied and discha?ged sa'd MORTGAGEE may at any t~me pay the same w any part thercof without waiving w ~ffecting a~y option, lie~, equity o~ •~aht vnder or by virtue of this mortgaae and the full amount of each and eve?y such payment shall be immediately d~e and payabk and shall bear interest F~om the date thereof until psid at rate of nine per centum per ann ~~~~`-~r ~i t~~i~e~t shall be secvred by the lien of th:s morgtaye. a v, - ~ _ ~ _ ~ ~ - ~ ._w _ _ . _