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HomeMy WebLinkAbout1569 ~r~ Q~~S THIS INOENTURE, Mad~ the lbt1~ day of Apri1 - A.D. 19-- 74 be~ween Richarc~ A. Flanigan and Alice _l. Flani~an, his ~?ife ^ . of ~L I.UC 1 P ~punty florida, hereinaitsr dci~gnated as S"~TG~R.K.~~'n ~nd fIRST FEO~RAI SAVINC~S AP:U IOAN ASSOCIATION OF FORT PIER~E, a corpaation org+nized +~d ex~~~~^9 ~^de~ ~!~e ~sws of IM nited Sta~~s of ,Murit~a~d 1wv~np ~~s principsl place of business in the City of Fort Pi~rc~, S~. lutie Cou~ty, Flo~ida, hereinafter designa~cd as tM "MORTGACaEE:' 32 4~.7. • and lewiul money of the U~~1ed WHEREAS the MORTGAGOR is iustly i~debt 1o the MORTGAGEE i~ the sum of f ~°Od States advanced by the MORTGAGEE unto the MO~AGOR, as evidenced by a certa~n promiuory oo~e of tve~ date herewith, of wh~ch the foi~owing in ~ wordi and fi9ures ii a ~rve copy, to-wit: ~ . ~ 10020794 ~ 32.400.00 ~ ~ 74 Fo?t Picrc~. Flwid+. AP r i 1 1~ ~ 19 For value rece~ved, 1, we or either of us, prom~se to pay, without de~alcat~on, to ~he order of FIRST FEOERAL SAVINGS A~:D IOAN ASSOC~AiION OF FORT PIERCE at Fort Pierce, Florida, the sum of s_ 32 . 4~~ w;~h inrcrest from date at the rate of 8~~dpe~ annum, in monthly install- ~~~e~ta as fol!ows: i 267 .~0 ~~}K 2Ot day of ~~a V 19 74 and a like sum on the correspw~d~~g day oi each month there- afrer until the whole be (ully paid. Each insta~lment first sha~~ be apP~~ed ~n PaYment of the interest and then on the unpaid balance of the p~~nupal sum. If detault is made in 1he E arment of any installrnent when due, and such defautt cont+nues 30 days, then at the option of the holder, and without any other notice, all the remain~ng ~~~stallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time wi~hout pena?~y. Ne13 i35 arance, • shall be nor acceptance by the holder thereof aiter a~y default in any psy~nents he~eon. shall be deemed extension. A late payment charge of added to each installment renzaining unpaid 7 days afler its due date, and a like sum sFall tx added to each such installment remaimng unpaid 7 days after each sutteeding paYment date. Each maker, surety and endo+ser hereof, jointly and severally, waives demand, presentment protrst and no~ice of p~otest for nonpayment, and further agrees to any extension of time of payment, eithe~ before w aiter maturity, without not:ce to any of us; and to pay all costs of collecticn, indud;ng a r,asonable attorney's fee in the event of a~y defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitutan and laws oi each State of the United States, as aga~nst this obtigation w any extension o~ renewal hereof. Witness tha hand and seal of each party. ' (SEAI) - S~ pichar~ A. clanigan (SEAI) (SEAI) 5/ Alice J. Flaninan ~~U ~ 48 . 60 ~ State Re~enue 32 400. 07 and the performance of the NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of sa~d sum of s _ covenanls a~d sgreements hereinafter expressed, and fa d~vers good and valusb!e considerations, by these presents, does g~ant, bargain, setl, rem~se, release, convey and confirm unto the MORTGAGEE, its successors and ass~gns, all that certain lot, piece w parcel of Isnd, situate, (ying, and being in ~he County of $t . I.i1C 1P and State of Fbrids, dewibed ~s followt: UniL One 1_ots 4 and 5, Block 45, SAv Li~('IE PI.A7A,/as per plat thereof on file in Plat Rook 5, pane 57, oF the Public Recorc~s of St. I_ucie C'ounty, ~lorida ' « " STATE ~F FLOR~CDA ~ ~•Z `r OOCUMENTARY~:-:`.STAMP i n>. ~ j c-~ DEPT. Qi REVENUE . a~~`~ s2 ' ~ ~_~;~k2o•r.~~~~-.~- t` 4 6. 6 0 1 F.8• I i o. o = ~:~tz ~.s i - t : ~ ~~p - a~ IN PAYMENT OF TAXES ~ pUE pN CUISS 'C INTAN6181E PERSONAL PROPERIY~ N ppRSUANT Tp CIIAPTER 71-134, ACTS OF 1971 ~ R06ER POITRAS ~ ~ CLER1( CIRCUR OOURT. Si. U1CiE OD. Rl1. ~ ~ - ~ ~ ~ _ x= ~ rogether w~th ~II and singular the tenements, hereditaments +nd appurtances tFxreunto belaging o? in ~nYW~x aPP~rtaining thereto, snd all ~ents, issves, ~ prxeeds and prof~ts accruing and to accrue fr~m said premises, all of wh;ch are included in the abuve and foregoing dewiptio~ and habendum. i' fij TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and auigns forever. And tM si thel l' ~;~s, executws, administrato?s and sss~gns, hereby covenaon with fhe said MORTGAGEE, its svccessors snd suiym, ~r; MORTGAGOR for rhat they are- ~awfully se~:ed of the said premises in fee simple; that the ssme are free, dear and discharged from all leens snd encvrtr- yY brences in law or in equity, and that theY will and their 1~eirs shall w~rr+nt a~d defend the title to the same fo the said 1110RTGAGEE, its successws and au~g~s, fwever against the lawfut claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note he*einbefwe deuribed snd shsll truly, promptly and f~lly perform, d~scharge, execute, complete, comp~y with and abide by each and every the stipulations, agreements, conditions +nd covenants of said promisso?y note and of this Mortgage, then this N4ortgage and the Estate hereby created sball cease snd be null and void. c¢;~ IT IS UNDERSTOO~ that the word "Mortgsga" whether in the singular or plural anywhere in this Mortgsge, shall be singular if oae only and shsll be plural jointly and severelly if more than one, and that the word "the7r" as used anywhere i~ this Matgage shall be tsken to mean "his;' i:hers;' ~;~t or "its;' wherever the context so implies w admits. Also, that wherever there is s reference in the covenants and sgreements Ixrein cootsined to any of the ps?~fes hereto, the same shall be construed to mesn as well ss the heirs, legal rep~esentstives, sutcessors snd assigns (eitha voluntsry by sct of the parties or involumary by operation of the law) of the same and that the covena~ts herein co~tained shall bind •nd the benefiti and sdwntages inure ro the respective heirs, Iegal represematives, successors and asrgns of the p+rtiea hereto. qnd said Mortgagors, fo~ themselves and their heirs, legal representatives, successors and sssigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successws and assigns: 1. To all snd si ula? thc ~nci at and imerest and the various and sundry sums of money payable by virtve of taid promissory note, a~d this mwtgage, e~ hyand every, p~~pt~Y o^ the dayt respect~vely the same severally becane due- 2. To psy all and singular the taxes, assessments, levies, liabilitiei, obligstions snd encumbrances of every nature snd kind now on ssid dewi aY.~ r rt w that Fxreafter msy be im , suffered, plsced, levied, or asseased thereon, w tMt hereafter may be levied w assessed upon fhis Mw/Q- r P ~ Y• ~d age, or the indebte~lness utured F+ereby, each and eve~y, when due and payable, accwdin9 to Iaw, before they become detinquent. +nd before any interest attaches w any penalty is incurred; AND IN50'AR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATISFIEO AND D~SCHARGED OF '-F ~ RECORD AND THE ORIGINAI OFFICIAI DOCUMENT ~SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED ~"a OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereo is not ° paid, saYSfied and discharged sa d MORTGAGEE may at any tlme pay the same w any part thereof without wsiving or sffecNng +~Y op~~o~. ~quity o• _ •~qht under or by virtue of this mortgage and the full amount of each and every such paymeM sh 1~e ~ mediately due and paysble and shall bear interest of th:f mor t e. ~rom the date thereof until paid at rate of n~ne pe~ centum per annum and together w~th such im 0~~~~~~ q~~ 9~ ~~i~ 1