HomeMy WebLinkAbout0576 ~~1 4 , ~ a~
THIS INDENTURE. AMd~ tis~ 25th d.y of OCtober , A.D. 1974
_ bNvr..n
Joseph R. Lvnch and Grace B. Lvnch, his wife_ .
of $t. Lucie ~ ~~M p~~, ~~ha d~sipnaNd u tF~e "MORTGAGOR;' and FIRST fEOERA~ SAVINGS AND lOAN
ASSOCIATION OF iORT PIERCE, a cwporation o.yanwd ~nd ~xutinp w+d.. tM taws of tFw Untted Stata of /lmeriu u+d Mvinp fp princlpal pl~p of
b~aln~~ in tM Ciry of Fwt Pirra. St. luci~ Couety. fiaid+. h~~iMhK daipn~t~d a tFM "MORTGAGEE."
WHEREAS IM MORTGAGOR i~ ~atly i~dtbqd W th~ MORTGAGEE i~ th~ wm of f 39 • O0 , 9ood +nd f+wfvl Ma~ey cf th~ UniMd
Sut~s ~dvanad by tM MORTGAGEE unto th~ MORTGAGOR. u widenced by a cHta~ promiatiwy ~ot~ of ev~n dats hKruith, of which tt?~ fdlowinp i~
~ d~~ ~ trw copy, to-Wit~ ~11000268
~ P~, October 25. ~~74
Fa valw nceived, I, we w eithK of us, promis~ to p~y, withovt d~f~ication, to ths ordN of FIRST fEOERAI SAVINGS AND IOAN ASSOCUTION OF
FORT PIERCE i1 Fwt Piau, florids, the wm of ~ with i~teres~tran date at tFw nte of 9• 7~ per +ro+wn. in monthly i~tlell-
ments as foifows: f 350. ~ a„ 20th d,y of Dec~mber 19~_ ~nd a lilc~ sum on tM correspondinp day of each month tMrr
~ftar vntil the whob be fully paid. . "
Each instalknent first shall b~ applied in payment of tl+~ intc?est and then o~ th~ unpaid balance of ~M princtp~l wm. If def~uh is mad~ in tM
paYme~t of ~ny insbitment when d~e. and wch d~f~uh ca?tinws 90 days, then af tM option of th~ hotder. +~nd without any other notice. alt the run~ininp
installrtwnts sMll be due and payabk ~t ooa. Privil~ b 9ive~ to pr~paY this noro in whob or i~ put at ~ny tims without penslty. Ne'i
~ fsO r~.
nor saepts~ by the holder ttarwf sher ~ny defauh in u~Y psYrrwnb hereon, shall b~ de~med eztension. A late payment chuy~ of = • shall b~
addet) to eath inst~llment remainirg ~npaid 7 days aftsr ib dw daN, ud • liks sum shsll be added to ~ach such ir+stallmeot ransir~inp ~np~id 7 dayt aftet
each succeedi^p Wrme++t dats.
Each m~ka. wrety and endwaer hereof, ~ointly snd sever~lly, waives demand, Wese~tmeM protest and notice of proteat fa nonpsYme++t, and furthe?
agraes fo a~y extensb~ of tirn~ of payment, either befor~ a after n+~tvriy, withovt notice to any of vi; a~?d to pay all cosb of collaction, fncludinp a
reaswwbk sttwney i fee in the ~vent of sny def~ult hereunder, snd Mreby severally waives all bentfit of homestead and examptioo uoder the corotitution
and Isws of each S~+t~ of ths U~it~d Stales, u ag~inst this oblipation w any eatauion a renewal i~ereof.
~tnas tM Mod and ~aal of cxh pa?ty.
- S/ Joseph R. Lynch ~
~ ~
• ~ T S/ Grace fi: Lvnch
_ ~ - - . csewu
~ 558.80 . ~
~ St.» R.wnw • .
ntek •
NOW, THEREFORE, the MORTGAGOR iw th~ pwpos~ of secvrirp p~ym~nt of ssid w~n of ~ 39 ~ 200 _ pNfwmsnp of th~
covenann and apr~en+ena hereinaffe. exp.eued, .nd ia diven yood ~nd valwbl~ oanidaatioru,, by tAess presents, does yrant, b~rpain, s~ll, remise,
release, conwy uid confinn unw th~ MORTGAGEE, Ns successws +~+d ~ui~ns, ~II that oat~in bt, pku ar paroel of laid, situate, fyirg, and b~inp In tM
County of St . LLiC~@ and Sr~te of Florid~. davib~d as fdbws: _
Lot 10, Block 42, RIV&R PARK, UNIT #4, as per Plat thereof on file in Plat
Book 11, Page 9, of the Public Records of St. Lucie ~ounty, Florida.
STATE ~F FL.ORtQA ~ .
04CUMENTARY S7AM P' T A X ~
. a~Pt. OF REYF.huf. ~1~ _ ~ " .
, N - - . = at ia~~ - ~ 5 8: 8 0 !
; ~ M_ ea ' ~ i ,
` o _
~ _ ~a~ot .
~ -
.
f - ~G
~ " ~ 111 PAYM~ OF TAl(E~ _
~ Ol~ OM Q~'C' IIITMIQI~IE rER~11K P~OP~~~
~ p~R~NNi TO t~iI1P'fER 71.134, A~iS 1971.
~ ~ORMS
q,Ep( GIQWIT COIIRf. Sf. LYCIE CO.. F1A
r. •
toy~tFwr with all and sirgular ths tenements, her~ditaments u~d ~ppv?t~nces thereunro belaginQ w in anywi~e ~ppertainirg tMrNo, and dl reMS, hswa,
prooe~ds u~d profin aocruirg ~nd to aanre fran ssid premises. +II of which ue induded in the ~bow and for~yoirg deaaiptioe ~nd hab~ndwn.
TO HAVE AND T9 HOtD th~ ~bove described and pranted premis~s uMO tM said MORTGAGEE, its wouasors and augro fo?twr. Md th~ s+fd
MORTGAGOR fa thier }~~n, executas, ~dministnton and •ssig% hereby aoven~nb with tht said NWRTCsAGEE, its woussors ~ed assfprr,
rhst ~K
a--~- lawfully sei:ed ot the s+id pr~n?is~s in fee simples that th~ s+m~ u~ fru, cbu u~d d'acFwr~d fran ~tl li~ns and ~ncunf
b.ances in Iaw or in ~q~rity. and tha* they ~,,,;~i ,~,d th2ir ~II wsrrant u~d d~f~nd tM titl~ to th~ sam~ M th~ s~id
MORTGAGEE, in successon u~d asiipro, faever ayainst fh~ lawf~l claims +nd demands of a11 p~norus
PROVIDED. ALWAYS N+sf if fi+e NIORTGAGOft sh~l) p~y unro the MORTGAGEE rhe p.omissory nor~ hsreirebsfon davib.d and ~h+l) trvly, promptlY
~ snd fully perfam, d'achar~, execu», compl~te, comply with ~nd sbide by ead~ and every the stipulataro. +praemanb, conditioro ~nd ooven~nri of said
~ promissory rot~ u~d of tha Mortys~. ti+en this 1Nortya~e and the ht~te hereby a~ated ~hall osase and b~ null and void.
IT IS UNOERSTOOD that the word "Mortyayor" wF+ether in tFK sinpvlu a plwal anywher~ in Nw Mortyape, sh~ll b~ sinpvla~ if on~ anly and
shall be plwal iointly and wrar~lly H mort th~n one, and th~t the wwd °tMir" u used anywiwre in ths MwtQp~ th+ll bs tsk~n to m~an "hh." •'hsn••
o~ 'its," wharever tFN coMeut so hnplies or sdmits. Abo, that wh~rover there is ~ ref~reni~ in the oown+nls u~d aprsemeM~ hertin aontsiMd to ~ny of
a~ the psrties I+ere% tlw sarn~ shall b~ cautrued to mean +s w~ll u the hein. Ipal npr~sent~tives, wcassws and ~uipro (either voluntary by act of tIN
panies or invdvntary by op~ration of tM I~w) of th~ ~arne and tMt rhe cove,~s~n he..~n cont•ined shall bind and rhs b.~.firs and adv.nr.pa kN,r•
ro the r~spKtiw h~in, leyal represent~tiws, wa~sson and ~a?yro of the psrti~s ha~to.
Md said Mptppon, fa them~elves aed the'a Min, ley~l represent~Yrv~s, wueswn and assipra, i+er~b'y jointly and severally oov~nant ~nd a~ne
ro and with tFN said MORTGAGEE, ib waessors and assipi+s:
1. To p+y ~11 and tinpular tF» pr'u+cip~l aed intaest snd the v~rian and wndry wms of mon~y pay~bb by virtw of said promiuwy ~01~. ~nd this
mortpsp~. ~ach and ~vKy, promptly on tM days resp~ttiv~ly th~ sam~ severally b~toem .
2. To pay all ind siigula~ tM uxes, sssssunu+ts, bvies, liabilities, obliyatiorn and ~ncvmbnnas of svery rwtw~ and ku+d ~ow on said d~scrib~d
P~~~Y• a th~t hu~aher may k» impos~d, wffKed. P~+ced. I~vied. or ~ss~s~sd thtreon, a tlwt hereaftar may b~ levied a asseswd upon 1Ns Mortp~
+qe. or tM tnd.Mad~ess ua,red herebr, sach ,nd .v.ry, wha? dw and paysble. .ccordirg ro taw, befor. th.y bec«n. d.ttnque% .nd bef«• any tnr~rat
attaches w my penalty is inturred; AND INSOFAR AS ANY 1HEREOF IS OF RKORD THE SAME SHA[L l1E PROMPTtY SATISFIED AND DISCHAR('aED Of
REGORD AND iHE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR ?HE SATISFACTtON PAPER OFfK1ALlY ENOORSED
OR CERTIFIEO) SHAII dE PUCED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event tMt s~y therwf is na
paid, ut:~fied and discF+ar9ed sa+d MORTGAGEE may at ~ny t~me pay tl+~ same w any pa~t thaeof without waivi~q w affectinp any option, li~n, equity or
•~qF~t w+d~r or by vi?tw of this mortyape and tM full smou~t of each ~nd erery s~ch payment shall be imnediately dw and psyabl~ ar+d shall bw i~ta~st ~
~.om the dat~ thereof until paid ~t r~te of n~ne per centvm per +nrwm and toyether w'~th wch inttrest ~ha the lien of th:s morpty~.
60 K~e~.'~PAGE ~ l~
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