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HomeMy WebLinkAbout1647 ~rb09~ ~ THIS INOENTURE, Made the 4th _ day of " ~"~YCh ~ A.D. 19 ~4 between FYa~~cis T* O~Connoz and Bldoris S. O~Connor, his wife of $t • 1.UC1@ ~p~nty Florida, hereinafie~ desig~ated as Ihe "MORTGAGOR," and FIR$i FEDE24l SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corporat~on w9anited and ex~s~~~g unde~ the laws ot Ihs Uncred Statas of Ame•ica and having its principe) plase of bus~neu i~ tM City of Fort Pie~ce, St, lucie County, Flaida, hereinaiter des~gnated a• tM "MORTGAGEE:' WHEREAS lhs MORTGAGOR is juitly indebted to the MORiGAGEE in the sum of S 38 ~ good and law(ul money of thc U~~:ted S~ates adYanced. by the MORTGAGEE un~o the MORTGAGOR, as ev~denced by a cer~aln promissory note of even da~e he~ew~th, of w3;~ch the foilow~ng in s~38 ~ 20~.~e~s a trua copy, to-w~t: No1U020669 Fort Pierce. Flwida, ~rch 4 19_~4___ Fw value received, 1, we or either of us, prom;se to pay, without defalca~ion, to the order of FIRSi FEDERAI SAVINGS AND tOAN ASSlX1ATION OF FORT PIERCE al Forf Piercr, Florida, the sum of S 38L?~_i~ wAh interest irom date al the ~ate of8~?S~v per annum, ~n monthly instati- ~,ems as fol'ows: S_315•0~ ` on the ZOt~1 day of ~Yil 19__74_ and a like sum on the corrospond~ng day of each month there- ettrr untit the who~e be (ully paid. fach insrallment fi:st shall be appl~ed in payment of the interest and then on the unpaid balance of the princ'pa) sum. If default is made in the p.3~mero of any installment ~vhen due, and such default continues 30 days, then at the opTion of 1he holdei, and withaut any other notice, ati the remaining ,~~staltments shall be due ar.d payab:e at once. Privilege is given to p~epay th;s note in whole or in part at any time w~thout penalty. Neither forebea~ance, nor acceprante by the holder rhereaf after any default in any payments hereon, shalt be dremed extension, A late payment charge of Sl S~ 75 , shall be .:idrd to each installment ~ernaining ~npa~d J' days after its due date, and a Gke sum shatl be added to each such inatallment remaining unpaid 7 days after aach succeeding payment date. Each maker, surety and endo.ser hereof, joinrly and severally, waives demand, presentment proteit arid notice of protest for nonpaymant, and furlher a9rees ro any eztension of t~me of payment, e~ther before o~ after masurity, wnho~t notice to any of us; and to pay all costs of co~lection, inctud:ng a ~re:onable attor~ey's fee in the event of any defav(t hereunder, and hereby s>veralty waives atl benefit of homeatead and exemption under the constitution .,~~d laws of each S~ate o4 the United States, as aga~nst this obl~gation or any exiension or renewal hereof. Witness the hand and seal of each party. S~1d11C1S r. ~~COIII102 (SEAL) (SfAI) s Bldoris S. O'Connor ~sea~~ i_ SS7.30 i State Revenue ~S~U ~S~rwwc~ll~i ~igiw~I.~+Na NO'~N, THEREFORE, the MORTGAGOR fw the ur g p y 38s2~•~ p pose of securin a ment of said sum of = ~ and the performance of fhe covenann and ag~eementa hereinaftrr e:pressed, and for divers good and valuable considerations, by these presents, dces grant, bargain, sell, remise, r~:ease, convey and tonfirm vnto the MORTGAGEE, its successors and assigns, all that cerlain lot, piece or parcel of land, •ituate, lying, and being in the County of St. j'uCi~ snd State of fbrida, dewibed ss follows: t,ot 20, Eilock 3216, PO~?T ST. LLiCIE ~L,ORESTA PINES L~NIT 1, as per plat thereof on file in Plat Rook 16, page 35, 35A and 35R of the Public Records of St. Lucie County, rlorida ~ ' o S ~',~c~T'~~ fi r~~~ ~ ~ ~ l'f ~ ~ L= ~Q~=UMEN? . ~ - ~ ARY,~.- = ~ z_ i~i~: , a $TI+N:r 1l., ~ ~ -•c- c~ _ ;f fYE.'tiUF ~ i!~;,\ . ~ = Fb. _ ,~~x c=~:::.~ ~a ~ 5 7 3 0 ~ ~ = ,..~.z ~ _ ,~~::s--~' ~ . v ~N ~~r~~r oF uxt3 ~ ~ ~ ~c ~n~?e~ ~ p~~(~ Tp ~1iAtiFR 71-13t. A~TS ~ 1~11~ (~6EA !'O~TRAS q,Ell!( tlNCUR t~OURT~ SI. WCIE ~ rogerher with atl and singular the tenements, hereditaments and appurtances thereunto belonging a in anywiie appeAaining thereto, and all rents, issues, proceeds and prof~ts accruing and to accrue from sa~d prem~ses, all of which a~e included in the above and foregoing dewiption snd Mabendum. TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors snd assigns forever. And the ~sid their MORT AGOR for heirs, executws, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and ~uigns, rhat t~ ~'aYe_--- tawfully seized of the said premises in fee simple; that the same sre f~ee, ctear a~d discharged from aIl liens and erKUm- brances in law or in equ+ty, and that they will and their heirs shall warrsnt and defend the title to the ~ame to the said MORTGAGEE, its succeasors and assigns, fwever against the lawful cla~ms and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuwy ~ote hereinbefwe dexribed and shatl truly, promptiy and fu(~y perform, d~uharge, execute, comptete, compty wirh and abide by each aad eve?y the stipulations, agreements, co~ditions and covenants of ssid promisswy note and af this Mongage, then this Mortgage a~d tF.e Estate hereby created shall cesse and be null and void. IT t5 UNDERSTpOD that the wwd "Mortgagor" whether in the s~~gular w plural anywhere in this Mortgsge, thall be singular if one only and shall be plural jointly and severa(ly if more thsn one, and that the word "their" as vsed anywhere in this Matgage shall be taken to mean "his," "he?s," or "its;' whereve? the corttext so implies w admits. Alw, that wherever there is a reference in the covenann and sgreements herein contained to sny of the parties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successws and assigrts (either voluntary by act of the parties or involuntary by aperation of the law) of the same and that ~he covenants herein contained shall bind and the benefits a~d advantages inure to the respect;ve heirs, legal representatives, successus and ass~gns of the part;es hereto. And said Mongagors, (o~ themselves and their heirs, legat representatives, successws and assigns, hereby jointly ar~d stverally sovenant and agree eo and with the said MORTGAGEE, irs successors and assigns: 1. To pay a!I arxl singular the principal and inrerest and the various and sundry sums of money payable by virtue oi said promi:sory note, •nd thia mortgage, each and every, promptly on the days respect~vely the same severally become due. 2. To pay sll end ~ingular the taxes, assessments, tevies, liab~lities, obligatio~s and encumbrances ef every nature and kind now on said deuribed property, or tha~ hereafter may be impoted, suffered, placed, levi~d, w assessed thereon, or that hereafter may be kvied q assessed upon this JNort¢ age, o? tl?e indebtedness setured hereby, each and eve?y, when due and payable, accarding to law, before they become delinqven4 and before any intereft attaches or a~y pe~aity is incurred; AND INSOfAR AS ANY THEREOf IS Of RECORO THf SAME SHAtL 8E PROMPTLY $AIlSFIEO ANO DISCHARGED OF RECORD AND THE ORIGlhAI OFfICIAI DOCUMENT iSUCH A5. FOR IN$TAN~E, THE TAX RECEtPT OR THE SATISfACT10N VAPER OFF~CIAtIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENi; and in the event Ihat any thereof is not pa~d, sat"sfied and discharqed sa d IAORTGAGff msy a? any t~me pay tbe same or any part thereof without waiving or affecting any option, lien, equity or •~~ht under or by virtue of this mortgage and the full amovnt of each and eve~y such payment shall be immediately dve and payable and shall bear intereat ~•om the date thertof until pa~d at rate of n~ne per centum per annum and +ogtther w~th svch interes ha cured by the lien of fh:s mor ta e. ~'f 9 4 uL~~ ~r1 ~ PA a~r~ ~ - ~ ~ w < ~ ~ sz ' _ ~F- - ~ f °~~~„~a- x . :'~X