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HomeMy WebLinkAbout0407 ~ . . . . 29~.0'74 a; ' ' ~ ~i~t> . ~ . . ~ t,. • bcLobor ~.o. i9~. b.M,..~+ ?H15 INDENTOR~; M~tli t~i ~th day of . i,, . ' L Willi~aa J. DohQrty, a *~al~ sduit of C±- LuC~! , Cpmty Florid+, he~tin+itK dtsign+ted ~i~e "MORTGAGOR," +nd FIRST FEDERAL SAVINGS AND 'lOAN ASSOCIATION Of fORT PIERCE, ~ corpor~tion wyanistd w+d ~xisti~p ur~de~ IF»'I~vn of tM U~il~d S~at~s of Am~rka and h~vteg iri p~j~+cipal pl~ of busi~uss in th~ City of Pwi Pisrs~, St. luci~ County, Fiwid~, ~1MtIMIfN d~sipnated as tM "MORiGAGEE." sb ~ 2~~ ~ and lawful money of tlw United WHEREAS tM MORTGAGOR is justly iodsbt~d ro th~ MORTGAGEE in tAe sum of Statei adv~nced by the MORIGAGEE vMO fhe MORTGAGOR, se •vid~ncod by a ceruin prom~ssory no~e of even dsro herewith, of wh~ch th~ followi~p in w~v.d~ iM~ f' ur~ is a ttv0 c Y. 1~N•il: . . ~ cP tj~ C~ ~ 1 ~ 211 A3 = 6.2,~_OQ , • ~.r PN.~e, Fi«;d,, October 24 i9_2L Fw value rectived, 1. we w cither of u:, prom~se to pay, withovt defalcstia* to the order of FlRST FEOfRAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at fort Pierce, flwida, the sum of S6•'Z~• p~i~imeres~ irom date at the rste of ~•~~'76 pe? +~~u^n. j~ rr~ihly inatall- ~~anis as io!lows: 5-66;OQ on ths~.~ d+Y cf? ~~~~~r ~9~_ and • like wm on ths carespondi++p day of each month thers- atter until the whofe be fully paid. Esch instsllment firs~ shdl be spp~ied in paYme^t of the i~terest and then o~ ~he unpaid 6alanoe of the prir+cipal wm. If. default is m+d~ in the }~aymem of a~ insta~lment y;rhM dw; ar~ ~uch defauft co~tjnvts_3¢ dyYL thgD at the optio)+_of the ho~der, and without any other ?atice, all the remaininp inytsl(antrW sMG bH due.antl.payabL at.a+ce. Psiviteg~.is giwn b-p~ep~y tbis nob in wFwl~ w in p~r~ ~f+ny-tim~-without peMhy. ~ Ntiti+K foMb~ar~e~c~e. nw -sctept~nce Dy ths hoWs~ theraof siter any default in any payme~ri hereon. shall be der.*~ed exteniron. A I~te payrnent chaig~ o~ i~~-. ~ added Io ~ach ins~allment rem~iniay unpa~d 7 days afta its dus date, artd a like aum shall be addad to Nth wth i~stallment runsining unpaid 7 days aft~? each succeeding paYment date_ Eath maker. w~aly a~d e~dorser hereof. jointly and severally, waives demand. presentment protest and ratice of potest for ~a?paYme~t, and further egrea fo any extension uf ti~ne of payment, ei~her before a after maturity, wi~hout notice to any of us; and to pay all rnstt of cotlection, inclvdirg • reasonabk a~toraey's (ee in tF~e event of anY drfaulr hereunder, and hweby 'seve:ally vwives ell beoefit of homestead utd exemption under th~ oon~titvlio~ a~d laws of Each Srate of ~he Un~ted States, as against ~hls obligation or any extension w renewal hereof. Witneas the hand and sesl of ~each party. ~ s Wi~liaa J. Dohezty., a sinale~lt (s~?U (s~?U (~?q ~ ~ _ 9~ 3~ ) Stbte Revence . (9+~**pr'cu+aAka en~erlsi~sl+wMe! ' 6, 200.00 u~d the ormance of tM NOW. THEREfORE, the MORTGAGOR for !he purpose of securing paymcnt of said sum of f . P~ covensnis and agreemen» hersinaftet expreued, and for d~vera pood and wlwbk considerNions, by 1Mse prefents, dott ~raM, Earyain, sel1. remise. - release, convey and onfirm uMO ihe MORTCsAGEE, iti s~:ccessors snd auigiss, all that cerain {ot, pieu ot pa?ce~ of ~~r~d, tih++tt• ~Yi^9, +nd bei~g in 1!N Couny of ~t • I'{1Ci@ and State of Flwids, described ~s fdlows: - Beginning at the interssction of the North li~a~ of i.ot 105 of GARDSN CITY FARMS SUBDIVISIaN, ascording to a plat tDeYeof c~n file in Plat Book 2, page 5, Public Records of St. Lucie County, FloYida, and the west right•o!-~ray line of Angle Road (80 fe~t wide); thenot ruw Southeasterly alang said West riqbt•o!-way a dis- tance of 572.4 leet; thence with an interior arigle of 90 degrees~ run Soutbwesterly 92 feet to the point ot beginning; thence Yan NorthwQSterly parallel with Augle Road 100 fQet; theace with an interior angle of 90 degrees, r~n Southwesterl~ to ~ the North right-of-way line of Avenue F(60 ~eet wide); thQnce ruu Bast along the tvort6 rigbt-of-way line of Aveaue F appraxiaat~ly-150 feet; thenc~ rua Northeasterly parailel-with the North~resteYly line of th~ tYact he=ein described to the point of beginning. 2he above dQSCYibed parcel lies within Lot 120 of~GARDBN CITY FARMS ! SUSDIVISION aad in Sectio~ 5, Townahip 35 South, Range 40 8ast, St. t.ucia County, - ` Florida,./ ~ T . . . . . , . . . . . . . : STA~TE oF FLC~RlDA1 ~ ~ ~sr- oz o O~CUMENTAR~.r.,, STAMP TA X~ ~ME~+.~ ~ 1N~~13i1. ~ Z~' N U'EPT_-Uf REYfHUE. : - _ ~ ~ ~1ER ~~S ~ t~ ~n c?~ - P$ - O~T23?4 „ 0 a. ~ Q + . ~ iii~2~ ~ R~~ ~ . _ ~ ~ ~ ~ ;o9ether with all snd sirtgulsr the tenements, heredit~mcnb snd ~ppurunces thereunto befaging ot in snywise app~rt+inNq fMrelo• snd al) rents, issws. :-oceeds and profin accruing and to xcrue from said premises, all of which are inckxled in ths +bow +nd fo~poug desu'Pti°^ a^d MM^aM^' TO HAVE AND TOh~ID rhe above deuribed and gnnted p?emises vnto the said AhORTGAGEf, its succeason +nd +ssip~s forew?• Md tM s+id hSORTGAGOR fw " --s heirs, executws, administratws ~nd assgro, hersby covenants with the uid MORTGAGEE, its s~ccessoro a~d qsiynt. r!,at b@ is - lawfutly sei:ed of the said prem~ses in fee simpte: thst the same sre fr~a, clear and ~ry~d fran all IiMS and ~nam? branc!s in law o~ in equity, snd that bQ will a~d h~3 hein sha11 wurarM ~nd defend tF~ titk fo the sart~ b iM said h'.ORTGAGEE, its successors and assipru, fwever sgainst th~ lawfvl tlaims and demands of all persons; = PROVIDED, AlWAYS that if the IAORTGAGOR sha~l pay unto ihe MORTGAGEE the promissory nof~ hereinbefw~ dew+bad and sh+~~ fndY. P~^P~~Y a~d fully perform, d+uhsrge, execute, complete, comply wiih and abide by escFi and every ths stipulations, ~grsert~ents. conditions +^d ooven+^» of sa'd _ : ~cmissory note ~wd of this Mortgsge, then this Mortysge and the Estate hereby aeated shatl oease and b~ null and void- IT IS UNDERSTOOD tFat the word "Mwtgagw" whether io the sirgular w plw~l snywhsre b~ this Mat~sp~, sh+l) b~ sirgutar if a~e ooly and st,all be plural jointly ~nd ~everalty if more tMn on~, and that the word "their' as used anywhare 7n this Mor~pay~ sh+l) b~ t~ken to mean "I~is." "hers. ~ cr "its," wFxrever the context w impties a admits. Also, t h at w h erevet t here is a re ference i~ t h ~ covens~b and +~~emenls her~~^ aontained to any of ~ ;~e parYKS hereto, the same s}mll be w.+~trued to mean as well as the hei», le~al npresematives, waessws and +stg^~ (e"AM~ voluntary by act of t!r parties a involumary by operotion of the law) of ~he same snd tMt ~he covensms. herain contaie~ed sh+ll bind ~nd tM b~nefin uid advantapa ImK~ ro +he respective hein, kys! representatives, successors and +ss'yns of the parties hereto. ~ qnd said lµongsgors, ior themselves and their hein, legal reprcientatives, succeuors and aasiy~s, htreby jointly and ~evaally toven~m and ap?~e ~ +o and with the uid MORTGAGEE, ~ts wccesson and auiqrn: 1. To pay all and singular the pri~cip~l +nd interest and the va~ious snd sundry sums of money p+YSble bY virtw of said•promiswry note, and this mongage, each ~nd every, Pra^Ptly on tl+e d~ys resped~vely the same swerally becoi+~e dw. 2. To p~y all and s+ngvlu the taxes, auesunenn, tevics, liabiiities, obli~+fian +~d encumbranc~s of ~verY ^+fu?e and ki~d ^°w on Mk1 d~w~d property, w ti+at heresher may be +mposed, sviferad, plsud, levied, w~sssssed theraoo, a thst hereaftN may b~ Iwi~d or ass~ssad ~+Pa~ thb Morp' ~uf age, or the ied~bted+mss secvred hcreby, exh and every, wha? d~e ~~d paysble. ~csordiny so law, b~fon thsy becorr~ d~linqwnt, and btfon intKMt ~ attaches or any penalfy is inevned; AND INSOFAR AS AM( THfREOf IS Of RKORD THE SAME SHAII dE PROMPTIY SATISfIFD AND DISCHARGEO OF C~P RECORO AND THE ORIGINAt OEFIGIAI OOCUlY4EN1 (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1ALlY ENDORSED OR CERTIFIEO) SHAII BE PlACEO IN THE MANDS OF SA~D MORTGAGEE WiTHIN TEN OAYS NEXT AfTER PAYNIENT; snd in tMe ewnl fhaf ~eryr tFwreof is rw1 Na:d, sat s('ied +nd discharged sa:d MORTGAGEE msy at eny time pay tht same w any part thc?eof without waiviny w+ffectirg +~y aP~io~. ~~t~• equi~Y o? •~qht ~nde~ or by virtue of this rtartga9e and rhe }ull amouM of exh and cvery such p.rmen~ shal! be imm.ediately dw snd psY+bk snd shall be~r interest F,~.r, ?F.= da•e +Ferecf vn~~i pa d nr rete oi nirte pN centum per sntwm ~nd together witl~ suth interqt shall b! setured by the lien of th's morgtage. _.-+'°z- a'"~`~"~q.'~ . ~ ~ °st ;ca' 'h+i+ "~M 3 . y ~ ~ ~ . : , ~ ~ _ r ~ ~ . a-!~ ^ 4-- ^~.s. , > _ - '