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HomeMy WebLinkAbout0411 ~~p~ ~ . : ~ 19th Septen?bcr A.D. t9 7 betw.en THIS INDENTURE. M+d~ ~hs d~y of ~ ~ Gerald R. Plynn and Qettv A Flynn~ his wif ~ of St. Lucie , County Florida, Mr~inaftN daignated ai IM "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE. • twporation orQ~nis~d ~nd ~ai~~inp unda ~M laws of tM Unit~d St~ta of Americ~ snd Mvinp ib principd plst~ oi i bu~inas M tM Chy of fpt Pi~ru, St. luci~ Ca+nty, Flaida, hsr~in+itK d~sipnat~d ~i tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly indtbtd to th~ MORTGAGEE i~ the sum of = l~.a~Q good and law!~I n+oney of tt?e 1in~ttd States advanced by the MORTGAGEE w+to ths MORTGAGOR, as evidenced by • ceruin promisswy note of even date herevri:h, of whict~ the foltowi:.9 in wor O nd_ f'~p:r~ i~ a t~w copy. to-wif: • : Ol)l) No fo~ Pi.rc•. FI«~ds. Ss:.nte~he~,~0,~ lYL4_._ Fw valw received, 1, we w either of us, promiso to-pay, wi?hout defa}catan, to Ihs order of FIRST FEDERAI SAVINGS AND IOAN ASSOCI.ATION OF FORT PIERCE at Fort Pierce, fbrida, the s~m of with ineeresl from date st the rate of9•75 % per ovwm, in monthly instalM ment: +s follows: i 9S•~ on ~he 2~th ~y of OCtObef ~q 74 ~ ~ like sum on the correspond~~+g day of each month therr afte? u~til the whol~ be fully paid. Each installment first shall b~ applied in paymcnl of ths interest and ~hen on the u~paid balance of the prit~tipsl wm. tf defauh it made in th~ payment of sny i~staltnient when due, and suth defavlt continues 30 da~ the~ at rhe optan of the hotde+, and without +ny other ~otics, all the remaini~ ~nsullmenn shsll be dve and payabb a1 once. Privilege is ~iven to p~epaY this nota in who~~ or io psrt at sny time without penalty. Neither fwebearance. nor ~cceptante by the holder thereof afier ~ny default in any payments hereon, shall be dcemed extension. A late payment charge of = 4•7S ihall be added ro each installme~t remaini~p unpaid 7 days aftsr ib dw date, and a like wm shall be added ro e~ch such installment rem~ining v~+paid 7 days ~fter eath succaedinp paYmtnt date. Each m+ka, surety and endorser hereof, jointly snd severalljr, waives demand, p~esentment protest and notice of pro~est fw nonpayment, and further agrees to any extension of tims of payment, either befora or aficr mawrity, without notics to any of us; and to pay all costs of coliection, inclvdiny a reasonable attwney's fee in the event of any defavlt hereunde+, and hereby sever~lty waivcs all benefit of homestead and exemption under 1M constifvlion and laws of each State of tha United States, ai against this obli~ation a any eatension or renewal heraof. Witncss the ha~d a~d seal of each party. S/ Ge ra ld R Flynn (s~?q ~ ; 1 ~ ~ • • • . . ~ . tsE/?U ~ ~ S/ Betty A. Flynn ~ - - ~ tSE~?t1 ~ S 15 .0~ t Stite Revenw - NOW, THEREfORE, the MORTGAGOR for the purpose of sacvrinp psymenYOf said wrn of i 1n~A()()_M and tM paform~nce of tl» covensnts snd apreements hereinafter expressed. and for divcrs good and wlwble tonsider~tia?s, by thes~ presenb, ooes gr~nt, baryain, sell, remise, refease, ca?vey ~nd ca+firm unto ihe MORTGAGEf, in s~cceuws ~~d ~uigns. ~II Ihaf cert~in 101. Piece or putel of (and. sitwte, lying, and beinp in the County of St. ~.IC1@ . u~d State of florida, dewibsd u follows: 'Ihe East ?3.2 feet of Lot 9 and the West 16.2 feet of Lot 10~ Block 5~ of a RePlat of i Pr1LN GARDENS, according to the plat thereof on file in Plat Book 12~ page 42, Puhlic Records of St. Lucie County, Florida. ~ ` ~ ~ ~F ~L' uR~~r,> 1 ~ ST ~T E.,.~- si a~ 1 oz oEP ~MR NE" ~'=f 3-~- ~ O 1 i _ _ ~t~2~•~~ 1~ ~ 5• . ~ ~ u,~s I e,,, _~e - ~ O IN PAYMBif~PFAiY ~ a=~ E i at Ct1~ 1971. ~t io ~ ~ ~p~at ~om~s c~nc ciacuR oou~cr, s~. w c~ o o. ~ rogether w~th sll and singulsr the tenemenrs, hereditamenh ~nd +pp~rrta~ces tF~eunto belonyirg or in anywi~e apperbinirg thereto, and all ronri, tssues. proceeds snd profits xauiny ~nd to acvue from said premises, all of which sre included in the abovs ~~d ia?poinp d~wiption and FNbendwn. ~ TO HAVE AND TO HOW the sbove descrebed and yr~nted p~emises unto the said MORTGAGEE, its wccesson +nd +uiy^~ fo«wr. Md th~ s~~d thei r ~ MORTGAGOR for - heirs, executon, administratws and auigns, hereby coven+nri with the uid MORTGAGEE, its sucustors +nd a~sip^~. rhat they a re lawfully uized of the said premises in fee iunpie: thst ths s+me _are fre~, cleer a~d disch+r9ad from all li~ns and ~ncum~ brances in law or Fn equity, and tha* thPy _ will snd their hein shall wsrrsnt and defend ths titb to the sam~ to Na ssid MORTGAGEE, ib succeuors and assi9ns, farever againsl the Iswful daims and demands of all penons; ~ PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note l+ereinbeFore desuibed and shaU truly, promptly 'i; a~d fully perform, discharge, execute, canpkte. camply with and abide by each ~nd every the stipulstans, syreemenri, condiYw~s and tov~n+nb of said ~ promiuory note •nd of this Mortgsge, then this Mwtyage and the Est~te hereby ueated slwll ce~se u?d be nvll u~d wid- ~ IT IS UNDERSTOOD that the word "Morty~gor" wMther in the ainpular a plu~al anywl+e~s in thia Mortysge, ~MII be sinyulw if one only uid ~ shall b~ plwal jointly and seve~+lly if more than one, and that the word "their° as ~rsed anywhere i~ thh Mort9age shall be taken to mean •'his,•• •'hsrs;•d°O s or "its:' wi~erever the context w implies or sdmits. Also, thst wherever thrre is • referMtt in the covena~b ~nd ~9reemenb herein conUi~ed to ~ny ofoyp ~ rhe panies hereto, the ssme sMll be c«atrued to me~n as well u tMe heirs, - leyal represematives, succeuas and ~uipns (either voluntary by act of the"'~ ~ parties or involuntary by oper+tion of the !aw) of the same and that the covenants her~in tontained sMll bind ~nd the banefib and advantpes irtw~ ~ to the respectiw hei?s, leysl representatives, successws and ~u~yns of th~ psrties i~ereto. ~ /1nd said Mptysgws, for themselves and their hein, legal representstives, succeswn ~nd assiyru, i~ereby jointly snd sav~tally covenant and pne ~ ro +nd with the said MORTGAGEE, in successors and assigns: - ' 1. To paY all and sinpular the prindpal and imerest snd the wrious snd sundry sums of nwney paYable by virtve of said promissory note, and tha ~ ~ mort9~ye, each and wery. {xomptly on iM days respedively the ssme iever~lly becarw dve. ~ 2 To psy dl and sirgulu tFro taaes, uiessments, levies. liabilifles, obligstarn and sncumb~ances of every n+twe and kind now on said dauib~d ~ property, or th~t hsrsafter may be imposed, suffaed. Placed, levied, w euessed thereon, or thst hereafter may b~ levied w+isessed vpon this INor1¢ age, w the indebtedness secured he~eby, e+ch +nd every, whe~+ dua +nd p+yabk. ~ccwdirg ro law, before they become dali~q~ent, ud befon ~ny intaat ~ atsathes w any pe~alty is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII BE PROMPTLY SATISFIED AND DISCHARGE~ OF ± RECORO AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSE~ OR CERTiFIED) SHALL BE PLACED IN THE HANOS OF SAID Nk?RTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the tvent 1MJ sny thereof if not psid, sat'sfied and discharged sa:d MORTGAGEE may at +ny time p~y t1x aune o~ any part thereof without w+ivinp w affectirq any option, IiM, eqvify or ~ ~~qht unde~ a by virtue of this mortyage and the full amouM of each and every i~rch payment shsll be immediately due and payabk +nd shall bear inter~st y ~ ~rom the date thereof vMil paid st r+te of ~ine pcr centum per annum ~nd toflether with ~uch inMr~st sF?sll be secv~ed by the lien of th:s morgtape. i ~ f ~ ~::.r;.,.> .F. ~ , s ~ - - - _ : ~ . ~ ~ ~ . ;~'~-~s'"~~ a~~"- ~ ' " s ~ s..~ .<-.sy^~ - - - ~ ~.--~~".~.~t:~~,aa.:; e