HomeMy WebLinkAbout1325 IVV~~7 I
THIS INDENIURE. MaJ~ ths 9tb d~y of ~D. 19~.-. b~twNn
MichaQl J. ~'~*+non rd C~natance lrl. CanaQn~_hj.i...~if -
af . ~~~y f~~, ~~;n~{~~ ~~yMtod ~s tM "MORTGAGOR;' u~d FIRST fEDERAI SAVINGS AND IOAN.
St Luc Q '
ASSOCIATION Of fORT PIERCE. • oorporation oro+nis~d ~nd txiitiny unda tM law~ of the U~it~d Suta of Am~~iu aed havinp it~ PriM1P+1 pl~ct of
bu~inas In tM qry of fon Piuu. St. lvd~ County. Fbrida. Iw~~inahK daipnat~d +s t
33 R~O E~
MIHEREAS tM MORTGAGOR k j~ntly ind~W~d w th~ MORTGAC'sEE in 1M wm of = ~ ,~ood ar+d kwful morwy of ~Fs United
Stath adv~~ed by tiw MORTGAGEE unto tM MOR1G4~iOR.. +s ~vid~~ced by a o~rtai~ promissory iat~ oi even d~ts M~wvith, oi which ~M followinp in
wa ~nd f vns is a trw coPY. lo-wit: . • ^ - ~ • . ~ + ~ . ~ 11~0~~.
~ ~'3,00~.00
w.r Pt«~.. ~«~d+. Mav 9, -~9 74
for vatw r~ceived, 1, wt w athe~ of us, pr~~ top±y~w~ t d~fakation, to the ader of fiRST FEDERAI SAVINGS AND LOAN aSSOCIA1fON OF
PORT PIERCE ~t Fort Piac~, fbrida, tM wm of s ~~7(~ with interest irom dat~ at th~ rat~ of Q• ~ 96 P~? In moathly inst~IM
menn as follows: f ~7•~ on ths ~ t h day of Augus! 19 7 4 aod • like sum oe th~ corres p w~ dinp day o
f e a c h mon 7~ ~ h ~ r r
aiter untii ths whol~ b~ fvlly paid.
Each i~+st~llme~t Puat sh~ll be apptied in payment of th~ interest and theo a+ the unpaid balance of the p~incip~l sum• If def~ult h en~d~ In t1~e
payment of any ins~allment when dw. and such defauit continws 30 days, then +t ths option of ths ho1dN. +~d without any oth~t noti.ro, sll the remainir+p
pu
installments sMll b~ due and payabk ~t once. P~ivile~ b yiven to prprY this note in whoi~ o? in pu~ +t ~ny time without penaity. Neither forebear+ncs, '
nor scceptanc~ by ths holder thereof aftsr ~ny d~fauit ie ~nY payrekot~ heraon. shall be deemsd exteniion. A 1~~~ payme~t chary~ of s 13 • 85 sh~ll b~
added to each irarallment remainirg unp+id 7 days ~hK its dw c~+t~. aod • lika sum sMll be ~dded to esch auch iostalimsnt remaininp u~pald 7 days ~ft~~
eath svtceedirg WYrt+~^t d~te.
E~ch m+kar, swety and endorse~ herwf, ioiroly and sevsr~ily, w+ives dema~d, presentment proteat and notite of protest fw nonpaYmenl. ~~+d fi?rther
egrees to any extension of Ywra of payment, either befon or after mawrity, without ~otice to sny of us; ~od ro p+y costs of collection, ind~diny •
reasonsbk attorney i fee in the event of any dehuft hereu~der, and Mnby severaily waives all benefit of homesteed snd exempYan under tl+e coestitution
and laws of each Staie of the United States, u apainst this obiigstion or any exte~uan or renewal Mnof.
vrr~ rn~ ~r,a .~?a ~.i or e~ ~+~+r• S/ Michael J. Cannon
(5~U
(S~/?U
ai ~vaaa-~`•wll~a a'~-.. ~e~~+
(SE/?l~
, $49.50 ~ st,h a.wa~.
33, 000.00
NpW. THEREFORE, the MORTGAGOR fw tlw p~rpose of securirg p~yment of said wm of ~ . and tM perfom+snce of th~
cova~,ann ~nd aprsemena hereinafier ~xpressed, a~d fw diven good u+d valwble coraiderstions bY th~s~ presents, dofs ~r~nt, barp~in, s~ll. remiss.
release. conwy and wnfi?m unto ih~ MORiGAGEE, its successon snd ~ui~nt, ~II that uNain bt, pieot w pucd of land. sitwb, lyug. ~nd beiny in fhe
Coumy of • I.1lC~@ and Stab of florida, describ~d u followa
Lot 10, Block 149, LAKBWOOD PARK i~1IT ~11, as per Plat thQreof on
file in P1at Book 11, Page 3211,acoording to the Public Records of St.
Lucie County, Florida.
~
~oRP° A'
py St A 5 0~
' ~ ~ocvM~N~~ . , - 4 9' ~
~ o
i ~vt 1 ~ ~ :
o- m D~ ~
~o ~ ~ t~~R2 x-~iC
~ r ~ ~ Pe ' OUE ON CLASS ''C HVI~W~ IN PAYME('fi Of TAXE~
o ' BlE PE:t;~.;,~L ppppERN~
~r m ~n-i~, ~crs of ivL~~~~
CLEAK CIIIWR l/
~UR'~ 3T. LUiCfE HA~
together with sll and singular the tenarnenb, hereditiments ~nd appunsnces there~nto belonyiny o? in anYwi~e aPPertiu~irg tMrNo, u~d all renn, issws.
proueds a~d profin acuuiny and to ucrw from s+id Pre~+ises, all of, which are included in tM above and for~oirg dac~iption ~nd h+bendum.
TO HAVE AN~he HOID ths sbove desvibed and 9rsntd premises unto the said MORTGAGEE, its wa.esson and +uip^s forw~?. Md ~ s~b
MORT AGOR for 1 t F~ein, executon. administr~ton ~nd suigns, hereby cavensnts with the said MORT('sACEE, its waes~ws +nd stsi~ns•
~hey are ~ ~
that lawfully seiz of the ssid premis~s fee s~mpte; that tM sams ~t~ frM, ckK and d'ncM?yed
brances ie law o? b+ equitY. ~ad thst t~6y will ~nd ~hei r ~;n ~11 wsnsnt and defend th~ titb w th~ s+m~ to th~ s+fd
MORTGAGEE, its wccessors ~nd suipns, faever +ys'xut the I+wful claims ~nd demsnds of ~II penom; -
PROVIDED. ALWAYS fh~t if tM MORTGAGOR sh+ll psy v~to the MORTGACaEE tM promisswy note heninbefwe dtwibed ~nd sh~ll truly, ptomptly
and fully pe?form, dixMrye, exec~te, compkte, canply with and ~bide by esch a~d every the stipubY~oru. +~reernents, conditioro ~^d ~nn °f w'd
promissay not~ and of this Mwtpsys, tl~en this Atiortyaye and tl» Estate hereby aeated ~ull u+s~ and b~ oull and void. tssG3
IT IS UNDERSTOOD thaf the word "AAaty+por' whethei in the s~ngular or plwal anywher~ in tha Mwt~ap~, shall b~ sirgula if a» only and ~D
shatl be plural ~oinfly snd ~everalfy if mon tMn one, and th~t tia word "fFroir"' ss used s~+ywfrn k~ this Mwp+p~ sF~ll b~ qken to nw~n "his.•• "hKS.••~ .
w"iy." whaever the context so impliss ar admits. Atw, tMt whe~ever there is • refereno~ in th~ coveo+MS snd pneme^ri herei^ °°^a~ned to +nY °f
rhe p~rties hereto, the ~arne shall be conitrued w me~n u well u tl+e hein, kysl np?esent~Yrves, sucusson +nd ss~i~^a (either voluntay by aet of th~
pani~s a invduntary by oper+twe oi the Iwv) of tM same and that the covenann hsnin co~tained sh+ll bi~d and tM b~nefifs and adv~ntapa irwr~
ro th~ rapsctiw F~ein. 1~9+~ npreseotativa, successon +nd +ss`9~s of th~ parti~s Mreto.
/?nd said µerty~yws, for themselves aod tFwir heus, leysl representatives, successors and +ssipns, herebY lointly and s~veally oovsn~nt a~d pr~e ~
ro ~nd with ths wid 1NIORTGAGEE, ib s~aesson and ~saigns:
1. To p~y ~II uid sirgular the printips) and interest ~nd tM vsrioirs and w~dry sums of makY WY+~ bY virtw of said promisspy nol~, a~d fF~s ~
mortyape, tach u~d ewry. PranPtly on tM day~ respectively tFw ssms ssv~rally becarw dw.
Z To p+y all and iirgulsr the tsxes, asussmenn. {evia. Ii~biliY~a, obliyations and encvmbranca of every natun and kind now on s~id d~svib~d
properry, a that hereaft~r rn~y b~ impw~d, suffad. Placed, levied, w ass~ssed tl~ereon, or t!?N hereah~r may b~ levied a ast~ssed upa+ tNs Morq'
age, a tM ind~bted~xss seeured hereby, sach ~nd wery, when dw and psY~ble, aaordirp to bw, bsfor~ they bec«n~ d~tinquem, and b~fon ~rqr im~nst
attaches a any pen+lty is i~c~rred; AND INSOfAR AS ANY ?HEREOF IS OF RKORD THE SAME SHALL 6E PRONIPTLY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT (Sl1CH AS, FOR INSTANCE, THE ?AX RKEIPT OR THE SA115iACT10N PMER OFfICIAIIV ENOORSED
OR CERTIfIE~) SHAIt 8E PlACEO IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXt AFTER PAYMENT; and in tl+e eveM th~t aeryr N~enof is rw~
paid, saYsfied ~nd dischu9ed a:d MORTGAGEE may +1 any time p+y the same w any p~rt thereof wHhovt w~iviny or affsctirg any option. IiN+, puity w
•~qht under or by virtue of this mortya~e and the full smount of esch and every svch psyment ihall be imrnediately dve a~d payabk a~+d sh~tl b~u i~tera~
from ihe date 1F~ereof uMi{ psid at .ate of n~ne per centum per +nnum +nd toyethe~ w~th wch interest sMll be secured by the lien of th:s morqtaye.
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