HomeMy WebLinkAbout2821 . ~ ~ ~ ~ 2i89~~ .
THIS INDENTURE. M+d~ th~ 4Lh day of ApZ~l - A.D. 1974 b~twten
Thoaas F O'Connell and JoseRhine B. O'Connell. his wife _
of St. Lucie , Covnty Flaida, Mr~inaf?w tksignated +s ~M ~~MOR~~GOg~~ !^d FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION Of FORi PIERCE, a corpuation orpanized and ~xi~~inp undK th~ laws o~ tM Uniad St~tN of ~rt~ric+, and Mvinp iri p~incipal plac~ of
busir~at in th~ City of fort Pisru, St. lvci~ W~?nty, Florida, h~reinafta d~tipn~t~d as tM "MORTGAGEE." t,.
WHEREAS tM MORTGAGOR h jwtly indtbbd b tM MORTGAGEE in tM wm of i 10L~0.~ ~ood +M1 I~wful money oi the Un~ted
StatN adv~nced by tM MORTGAGEE unto tM MORTGAGOR. as ~videnced by a ur~ain promiuory not~ of even dete hsrwri~h of which the fallowinq in
wo.ds aml fpwes is a trw copY. to-wir. . 10020761
: 10,000. 00 ~'1O
io?t Pi~rt~. Fbrids. AQ;il 4. 19~~
For value received, 1, we or eitha of us, prom~se to paY. witha+t defalcatan, to the wder of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT FIERCE at Fat Piacs, Flerida, the wm of ~ l~ w~~h interest from date at the rats of 8•9 % per annwn, in monthly install-
menrs folFows: = 90•0O on tM2~h d+y of MaY , 19 74 a~d • lik~ sum a? the cwresporxl~rg day of each month tlxre-
after until ~he whole be fully p+id.
Each i~sullmenf fint shall be applied in paymenf of ths tnterest and the~ on the unpaid bal~nce of the printipal sum. If defsult is made i~ ths
payment of sny installment wMn dw, and such defauh tominues 30 days, then at the optio~ of the hoWer. ~nd without ~ny othe~ notice, all the remaining
~nstallments sh~ll be due and payable at once. Privita9e is given to prep+Y this rate in who~e w in put ~t ~ny time without penalty. Neither fwebear~nce.. .
nor ~cc~ptance by the holde~ thereof afta any default in anY paymeMS hereon, sMll be deemed eztension. -+4 late payment cha~pe of =-4s.~-+ ihall be
added ~o each installment remaining unpaid 7 days afte~ ifs due date, and s like sum thall be added to each such installment remaining uopaid 7 days ~fter
each sucteediny paYment date.
Each rraka, surtty and endwser hereof, jointly and seversHy, waivcs demand, presentment protest and notice of protest for nonpaymenl. a~d fu„her
agrees to any extension of time of paymenr, either befwe or after maturity, without notice to sny of ~s; and to pay all costs of colleaion, inctud~ng a
reasonsble attwney's fee in the event o( any default hcreu~der, and hereby severally waivea all benefit of homestead and exemption under the constitution
and laws of e~ch State of the United State~, ss against this obligaiwn w any extension or rcnewal hereof.
Witness tM hsnd and seal of each party.
~?u
s/ Theaas F Q•r.+.+rotl ~t)
~?U
s/ Josenhine ~ 0'Connell _ ~
~ 3` 15 .00 ~ s„te Revenve
(WptsiwYe~aaaeds~sw 10 000 00
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring paynnem of said swn of = • • and tM perfwmsnce of ths
covenants a~d agreements hereinafter expreued. and fw divcrs good and wlwble coruiderations, by thesa presa+ri, does grant.Y ~.qa~ ~~~ie^ ~
retease, convey and confirm unto the MORTGAGEE, its wccessors ~nd auigos, ell that ceN+in bt, piece ot pa ce~ of I~nd, sitvatt, 1 i
~~~h St LuC~Q - and Sate of Flwida, desaibed ~s foUawt:
F7rom the Northeast corner of Lot 213, Plat of White City Subdivision as
recozded in Plat Book l, Page 23, of the St. Lucie County, Florida, Public
Records, run Westerly, along the north line of said Lot 213, 740 feet to
the Northeast corner of, and the point of beginning of the lands herein
described: Fros aaid point of beginning continue Westerly along the north
line of aforesaid I.ot 213, 100 feet; thence Southerly, parallel to the
east line of said Lot 213, 106.2 feet to the north line of road; thence
Easterly, parallel to the north line of said Lot 213, and along the north
right-of-way line of road, 200 feet; thence Northerly, parallel to and 740-
' feet.West of the East line of aforeaaid Lot 2t3, 106.2 feet to-the point
of beginning; subject to an ease~ent for street drainage purposes, 10 feet
~ in width along the southerly boundary of the above described parcel~
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~ > Q STA E~F FLQR
t~A 1
~ ~y _ DOCUNtENTARY~ ;~~,15tAMP TA t ~O. mv
~ pFPt_ Or REYENUE /'i` ~ RECEIVEO ~ I!1 PAriENf OF TAXES
K~ `r' ' ~ Dl1E ON CtASS 'C' INTMIGlBLE PE'tSONAI PROPERIY
i~ = P8. =~-7'74 .I , 5~A t PURSUANT TO C!S'l"-"a 71-13+3. 11CiS OF 19/1 ~
~ •
a = ~~~02 ~ RO~;:~ POR~J?S
CIERK CIRCUIT Gh1RT, S!. WC~E CO., f1A
together with ~II snd singvla~ the tenemenri. 1~eredit~ments and sppvrtances thereumo belongirg or in anywise appertainirg thereto, and all rentt, luues,
prxeeds u~d prof~n +cuuing ~nd to smue from ssid premises, all of which are 6xluded in the abov~ and foreyoi~g dex+iption and habendum.
TO HAVE AND TO FiOLD the above desuibed ~nd granted pemises unto the said MORTGAGEE, its succeuon and +ssg^s faew~. Md th~ a1d
M~RTGAGOR for their exKUtors, administrsto~s :nd asi~gns, hereby covenants with the uid MORTGAGEE, its suaessws a~d assipra.
~hat a ra - lawfully seized of the said prem~ses in fee iunple: ~hat tl+~ ssme +r~ free, cku u~d d'achst9ed from all liam and sncum-
brantes in law a in equity, and thst th~_ will snd their hein shall w~rrant and defeed the titk to tM sam~ to the s+ld
MORTGAGEE, in iuccessus and auigns, faever agairot the lawful di~ms and demsnds of all perso~s;
+ PROVIDED. AIWAYS that if the MORTGAGOR sh+ll pay unto the MORTGAGEE ths pranissory note hereinbefore desvibed snd a!?all truly, promP~h
~ and fully perfwm, d~xharpe, execute. compkte, comply with and sb'~de by e+ch snd every the stipul~ians. ~raements, condi~ions •nd covenann of sad
~ promissory note ~~d of this Mortgaye, then this Mortgaye and the Estste hereby vested shall ceas~ snd be null and void. ~e`
~ IT IS UNDERSTO()D that the word "1Nortgaga" whetixr in the singular or plwal ~nywF+er~ in this Mwtyape, shall be siryvlar if o~e onlY and o~v
shall be plural jointly end severally if more th+n one, a~+d that the wad !'their" ss used anywlKre in this Mort9aye shall be t+ken to mesn •'his.'• •'hen" `
or "in;' wherever the context w implies or sdmits. Alw, that wherever there is a reference in tht tove++~~b +nd +yreemenb herein contairxd to ~ny of
rhe p~?ties hereto, the ssme shall be coratrued to me+n as well ss the heirs, kgal representstives, suoc~sson and assi~ns (cither voluntary by ~d o4 tM ~
partid or involv~tary by operstion of the law) of the same and that the cover?anri herein contained shall bind a++d the benefiri and adva~tspes irwn ~
+o the-respective hein, kgal representatives, wcceswrs and su~yns of the puties F~srero.
b
/1nd ss;d Mwtg~gws, fw themselva snd their Fxin. Iegal representa~ives, successors snd auiyns, he~eby lointly and severally covenant snd pree n
ro and with the s+id MORTGAGfE, its iucceuas and assiyns: T
1. To pay all and sinpulsr the principst u+d interest ~~d the various ~nd sundry wms of ma?eY paY~bk bY virtue of said promissory note. ~nd this ~ ~
~ mortpaye, each and every, promptly on the days respedively the ssme sewrally becorn~ due.
2. To pay dl and singutu the t~xes. +uessmenn, levies, liabilities, obligaYwns and t~cumbranc~s of every natur~ +nd kind ~ww o^ ia~d d~s~fibed ~
property, a that heresha may be imposed, wffaed, Plaad, levied, w~ssessed ehereon, or th~t here~fter m+y be kvied w usessed upon this Mat~ ~ t
age, w tF~e ired~btedness secured hereby each +nd everyr, wlxn due and p+y+ble, accordinp to Iaw, before they become delinqv~nt, and befw~ ~ny iMerest '
at~athes o+ any penafty ~s ~ntwred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHALL BE PROAMTLY SATISFIED AND DISCNARGED OF i
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTAIVCE, 7HE TAX RKEIPI OR THE SATISfACT10N PMER OFFICIALtY ENDORSED ,
OR CERTIFIED) SHAtI BE PLACEO IN THE HANDS Of SAID MOR?GAGFE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event tMt ~~y tix+eof is not ?
paid, iat'sfied +nd discharged sa:d MORTGAGEE may at sny time pay the same or +ny part the~eof witFwut waivir?g or affectiny ~ny option, lien, equity a i
.~qht under o~ by virtve of this mortgsge and the full amount of e+ch snd every such payment shall be immediately d~?e s~d payabk and shalf besr interest
~rom the date thereof u~til paid at rate of ~Ine per «~tum per ~newm and toyether w~lh such interest shall be setured by the lien of th:s moryts9e.
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