The URL can be used to link to this page

Home My WebLink About1435 - - - ~0 ~b4111 ~ THIS INDENTURE. Mad~ th~ 28 t h , day of ~r Ch M~'~ A.O. 19 74 betwean William M. Kelly and Ida~ Kellv his ~vife- of St • LUCle County Flwida, Aereinaf~a desg~eted as the "MORTGAGOR," a~d FIRST FEOERAI SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corpaation wy+nized and ex~sting unde~ the laws of the United StatN o) Americ~ +nd h~t:ng H~ principal pl~ce of busineu G? ths City of FoA Pisrce, St. lucie Counry, Florid+, hereinafter dei~gnated a~ the "MOR(GAGEE:' 28 ~ 200. 00 ~ snd law(ul money of the Un~ted WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of i ~ 9 States advanced by the MORTGAGEE unto the MORTGAGOR, as eviJanced by s ce+ta~n promisswy note of even date herew~th, of •~vh~ch ~he foliowi~ig i~ wo~ds ~nd figures is a true copy, to-w~t: 10020749 =28~2~0~~0 . No ~ Pitfe. Fi«~~. March 28 ~y 74 fa value receiv~d, we or eithcr of us, p~omise to paY, without defalcatiw~, to ~he order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIOY OF FORT PIERCE a1 Fort Pierce, Florida, the aum of j 28 ~ 20~• - w,th interest from date at the rate of ~Z~io pcr annum, in monlhly initall- ments as follows: S 232 • 00- o^ 2~th day of July 1q 74 and a like sum on the correspond~n9 day of each month therr ai~cr until the whole be fully paid. Each installment first sha~l be applied in payment of the interest and then on the unpaid balance of the p~inupal sum_ If default is rtsade ~n the payment of any installment whe~ due, and such default tontinues 30 days, then at the opt~on of the hoider, and without any o1hN notice, all the remaining ~nstallments shall be due and payab:e at once. Privilege is g~ven to prepay this note in whole or in ps~t at any t~me w7thout penalty. Neitl i forGeO rance, ~ nor acceptance by the holder thereof after any defau~t in any payments hereon, shall be deemed extension. A late payment charge o( S ' shall be added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each auch installment rema~ning unpaid 7 days after each succeeding paYment date. Each maker, surery and endorser hereof, jo~ntly and severally, waives drmand, p~esentment protest and notice of protest for nonpayment, and funher agrees to any extension of time of payment, either before w after maturity, without ~otice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any defau;t hereunder, and hereby severally waives all benefit of homestead and exemp~ion under the constitutan and laws of each State of the United States, as against this obtigation or any exte~sion or renewal ~ Witness the hand and seal of each parly. ~ , (SEAy s Wil iam M. Kell ~a~) - (SEAL) s Ida M. Kelly ts~?U ~ $42.30 ~ State Revcnue `S~T~~~~°~a~1°~7Ot~ 28 200 00 NOW, THEREFOAE, the MORTGAGOR fw thx purpose of securing payment of said sum of S ~ ' and the performa~ce of the covenants and agrcements hereinafter expressed, and fw divers good and valuabte considerations. by these p+ese~ts, dxs g~ant, bargain, xll, remise, release, conveY and confirm unto the MORTGAGEE, its succeawrs and assigns, alt that certain lot, piete or pucel of Isnd, •ituate, lying, and being in the St . L11C1@ end S~ate of Florids, desulbed as follows: County of Being a parcel of land lying in Block 32, LAKBW~OD PARK SUBDIVISION UNIT ;~10.4-, according to the Plat thereof filed in Plat Book 11, Page 2, Public Records of St. I.ucie County, Florida; the boundary of said parcel being more particularly described as follows: , ~ TRACT 14 E i ~ From the Southwest cornez of the aforesaid Block 32, run North 296.50 feet to the point of beginning; thence continue North 85 feet; thence East 250 feet; thence ' South 85 feet; thence West 150 feet to the point of beginning, subject to an ease- ment for drainage purposes across the South 10 feet of the aforesaid described parcel. ~ - - iiz ~ ~ Mf ARY~~~O R I` ~a' ~ .A., r!il 'JF tAAE:'i Z~ ~ 7f?i.UF HEYENUE ia~: TAMP 't.a' ~ ?~E.'EI':_. S ~ -~i~.:~,~ .lFit0FEklit ~ - _ ~ } ~ , r • i~:t.'~t:~.l~S_c = PB =~r•u2u'7~ ~ 4~. 3 ~ i J~ J' ~ ~ Ct'..".PIER 11-: ~~S Of 193L ~ b _ t + ~ r~ ~ R~,r j ~ RSU:?= ~p(',ER PO ~ - ~ i~~ ' q~RK C?RCUti CAUR7. ST. LtlC1E ~ together with all and singular the tenements, hereditaments and sppurtances thereuMO beloegirg a in anY~+~K ~PP~?~+~ning thereto, and aU reM~, issues, ~ proceeds snd profits accruing and to accrue from said premixs, aIl of which are includtd in the sbove and fwegang deuripYwn and Mbendum. TO HAVE AND TO HO~D the above desaibed and granted premius unto the said MORTGAGEE, its succeasors and aasigm forever. And tFN s+id ~ - heirs, executws, sdministrators and assigns, hereby covenaMS with the said MORTGAGEE, iri successo?s • auiyns, MORTGA R for their ~ rhat -t~ey ale-- ~aWf~~~Y uiz~ of the said pre~n~xs in iee simple; that the san+e are free, cbar and discharged from sll 1'~em and encvm~ brances io law or in equity, and that they wi~~ +e+d Lt1elZ heirs shall warrant and defend the title to fhe same to the wid ~ MORTGAGEE, its successws and assigns, faever against the lawful cl~ims and demands of all persons; PROVIDED, ALWAYS tbat if the MORTGAGOR sha~~ psY unto the MORTGAGEE the promisswy rate hereinbefore dewibed and shall truty, promptly and fully perform, d~xAarge, execute, complete, complv with and ab~de by each and every the stipvlations, agreements, conditions and covenants of said promis:ory note snd of this Mortgage, then this Mortgage and the Es~ate hereby created shall cease a~d be nu~l +~d void• :,,;s . = ~-.c `P" 11 IS UNDERSTOOD thst the word "Mortgsga" whether in the sngular w plu~al anywhere in thi~ Mortgage, shall be singular i one on y• shall be plural jointly end severally if more than one, snd tha~ the wad "their" ss used ~nywhere in ihis Mortgage shall be taken to mean "his:• ••~rs:• ~O - or "its;' wherever the context w implies w admits. Also, that whe~ever there is s reference in the covenams and agreements herein_tont~ined to +ny of the parties hereto, the iame shall be construed to mean as well ss the heirs, lega) represenutives, successors a~d sssig?a (either voluntary by sct of the parties or involuntsry by ope~ation of the law) of the same and that ~he covenants herei~ contaioed shall bind snd the benetits and sdvantages inure ro the respective heirs, legal ~ep~esentatives, svcceswrs and ass'gns of the parties hereto. And said Matgsgors, for themselves and thei~ heirs, legal_rep~euntative3, successors and auigns, hereby jointly and severally covensnt sn agree ro snd with the wid MORTGAGEE, its successws and au~gns: ~ ;;:-;i 1. To pay •II and •ingular the principal and imuest and the various and sundry sums of money payable by virtue of said prom~ssory note, and this mortgsge, esch and every, p?anp~~Y on the days rospectively the same severally become due. ~ ;ti..~3 2. To p+y all snd iingular the taxes, assessmems, levies, liabit~t~es, ob~~gations snd encwnbr+nces of every nature ar~d kind now a+ said d~wibed k„ ~ property, w that hereafter may be imposed, iuffered, plsced, levied, or sssessed thereon, a that hereaiter msy be levied a suessed upon t is MortQ- Y=a' ' age, w the indebtedneu secured hereby, each and every, when dve snd payable, according to Iaw, be~o?e theY becane de~„'qveM, +nd before any interest ~ 'J^= atraches a any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RECORO THE SAME SHAII BE PROMPTLY SATISf1E~ AND OISCHARGED OF RECORD AND TME ORIGINAt OFFICIAI DOCUMENT (SUCH AS, FOR INS(ANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDORSE~ QR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event that •ny ihereof is not _ paid, sat'sfied and d~scharged sa:d MORTGAGEE may at any t~me pay the same or any part fhereof without w+iving or affecting sny optio~, lien, equity o~ •~qfit under w by virtue of this mostgage and the f~ll amount o~ each and every such payment shall be immediately due and payabk and shsll bear interest ~•om the d~te thereof uMil paid at rate oi n~ne pe~ cent~m per annum and ~oge~her wnh such inte~ett shall be secured by ~he lien of th:s morgtaqe. e . . . - - ;F . ~ -