HomeMy WebLinkAbout0264 `'v~'r" ~-la7
THIS INDENiURE. Made the 15L _ day oi API11_ A.D. 19~75 between
_ ^ k'ill_iam D~Walsh _an~A~n G en Walsh. his wife _
of St . uC>e County Florida, hc~e~netter des~9n:izd as Ihe "MORTGAGOR," and FlRST FE~ERAL ScVINGS AND IOAN
A;SOCtAT10N OF FORT PIERCE, ~ co~poranon organizud and ex~sting unde~ fhe I~~vs of the Unlted 5tat~s of Amcrica and havin~ it~ ptincipai place oi
bvs~ness in thc City o~ fort Pieres, St. Lucie County, F(orida, hereinaitc? desiy~atad a~ the "MORIGAGEE:'
WHEREAS the M.ORIGAG~R ia ju~?ly indabted to the MOR7GAGEE ~n Ihe s~m of S-- 70 good and la~nful money ot the Un~ted
~!.,res adaanced by ihe 1+1ORivAGEE unto ?he 1dOR~GAGOR, ?s ev~de~~czd bx ~~~rra.n ~~rOmi?sory nota oP e.en date herow;th, of vih;ch the iollowing in
crds end f~gures i~ a fr~e copy, ~o-wir. _
70~000.00 r~o 10021249
~ - fort Pierce, Flwida, ApZ 11 l~y ~q 75
Fw va(~ie recer+ed, 1, wz or either of us. ;.~en::sr ro pay, .vithout Je~a~catien, to Ihe orJer ot FIRST fEGERAI SAVWGS AND IOAN ASSOCIAiION Of
`Rf PIERCE at Fort P~erce, Horlda, the wm of S-_70~~~~-•~~_--_;- w,ri~ ~ore~est fro~n dete at the :ate of __9 _°,e per annum, in moNhly install-
•.+s as fo!:o+.s: S 7.10 OO Q~ ~he ?Ot h_ day oi M~~____ 19 7.~_ aod a like sum on ~he correipond~ng day of each month ihe~e- f
inhl the who{e be f~lly pa~d.
Each ~nsra~iment first shall be app~!eJ +n` paymenr of the interest and tF~en c•~ unpa~d ba!ance of the prinupal sum. If default is made in fhe
~~nt of any ~ns?~i:me:~t tihen due, ec.d s~:h d_fevlt cont~nves 30 days, there oi ~hr oy:r~on of the holder, and without any other notice, ail the remaining
;raltmeMa shafl be d~r ancl payau!e a~ once Pr~vila~e is gi~rn to prepay th~s ~~o~e in wi~ole or in part at any time without penalty. Neithet forelxarance,
~icceptance by the i~oiAer Iherrof after any ~£;vlt in any p~ayTenti hereon, Shjlt be drersed extensio~. A lale Qayment tharge of s__31.~~1Q, shall be
i-c! to ezch instal~+r.ent re:ne~nuzg unpa~d 7 days aiter its d~e Jate, and a-LRr su:n sh~t~ be added to each wcfi insrallment remaining ur.paid 7 day aher y
~:h succecv~ng payment daie. ?
Eoch maAer, surety and 2~:G~Of3C~ herecf, jcmtl~ and severally, WdNEi ~ie•na~;d, presenhnenr protest and notrce of protest for nonpaymeM, and funher
rei to any exrrns~on cf t.rne of ~~ay~~ient, r`~~rr o_Fore w after mat~r;ty, witl.out ~~..!;ce to any of us; and to pay all eesis of co~ledion, indud~ng a +
„~~,able artornev': fer m the event of any de`au,t i~ercunder; and hrrcby :r:c•ally wa~ves all benefit of homestead and eaemption u~der the constitution
'.;JVS ot eoch State of ~i~e Un.trd Ssa'.~s, .:s agr.r~s+ this ebl:g.jti~a cr any o~c•cns~o~ o~ re~rv.al hereof.
W~tness !he hand a~ed seal oF rach par+v. ~
i
(SEAI)
S/ k'illi an D. Walsh ;
s
(SEAI)
S Ann Eden Walsh ~5~~ ~
,
~_~QQ_ _ } Sta*e P.evenue
15r 7[DCMc~tr)
tV0'+N, THEREfvRE, the l.".ORTGAGOR for the p~irNOSe of secvring paym~nt ~f s~ d s.fm of S 7Ol000•0O , and ihe performance of the `
i
:~•,,ants and agree~rerrs he~e~f~nf~er e~pressed. and for d~~ers abd znd .-a ~ab:a t::~s~derat~on~, by these presents, does g~ant, bargain, sell, remise,
_:se, conve and cunf;rm un!o thr MORTGAvEE, its s~.cessors an~ assa~os, atf +i,3i certain lot, piece o~ percel ot Isnd, situate, lyia~,_and being in the
,c_nty of ~t_' ~Cle and State of F~orida, aescnbed es follows:
4
The NE~ of NE~ of Section 35, Township 34 South, Range 39 East, excepting
a
rights of way of drainage canals and road as shown by Plat of Fort Pierce
Farms made by Florida East Coast Realty Company recorded in Plat Book 2, €
Page 7A, Public Records of St. Lucie County, Florida. ~ ~
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:e'her with afl and s~ngular the tenements, hered~tame~ts and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, iuves, ~
~ •cceeds and profits accru~ny and to accr~e from sa~d premises, all of which are induded in the above and fwegoing descripfip? snd habendum. s
~ TO HAVE AND TO HOtD the aboae described and granted premises unto the said MORTGAGEE, its succeisors and assipns faeve~. And the s~id ~
~ their ~
~RTGAGOR for - heirs, exec~tovs, administrato~s and assig~s, hereby tovenants with the said MORTGAGEE, its succeuors and auiym, ~
~ , t~'1@~? are___ ;aWr~;iy seized of the said prem~ses in fee simple; that Ihe same are free, dear and diuMrged from sll (iens sod encum~ ?
~ ,~•ces in law or ir, equity, and f?;~,_ they W~~~ a~d Lhelr _ heirs ~hall warrant and defend the tide to the ssme to the s~id
' ~RTGAGEE, its successors a~d ass~gns, forever against rhe lawful claims and demands of all persons;
~ PROVIDED, ACWAYS that if the MORTGAGOR shall pay unto the MORTGAGfE the promissory note hereinbefore described snd shall truly, p~omptly
fully perform, dncharqe, eaecute, comptete, comply wirh and ab~de by each and every the stipulalions, agreements, conditions and covenants of ~aid
~ ssory note and ef this Mortgage, then this IJ.wtgage and the Estate hereby created shall cesu and be ~ufl and void.
Y~ ,
lT IS ~JNOERSTOOD lhat the wcrd "Mortgayor" whether in the singuiar w plural anywhere in this Mortgsge, shal) be singular if one a?ly and ~
~ -^a!' be plural joi~tly and severa4ly if more than o~se, and that the word '`the~r" ~s used anywhere in ihis Mortgsge shall be tsken to mean "hi~;' "hen,°
ga `~fs," wherever the context so implies or admits. Also, rhat wherever thert h a reference in the covenants and agreements he?ein contained to any of ~ ~
~ ~ parties herero, the same shall be cansnua! to mean as well as the heirs, legal represenutives, successws and essigns (either voluMary by atl of fhe A' ~
~ : nr•;es or involuntary by operation ~f the law) of rhe same and that the covenants herein contai~ed shal~ bind ar!d the benefib and advanlagd inure ~~~t ~
~ r~ 1he respective heirs, legal represe+Natives, successors and asrgns of ihe parties hereto. ~
And said Mbrtgagors, fw themselves and their heirs, legal represematives, successors and assigns, hereby jointly and severolly tovenant and ayree U i
~ •e and with the said MORTGAGEE, its successors and assigns: ~
~ l. To pay all and singuler the principal ar.d interest and the var~aus' and sundry sums of money payable by virtue of said promiuory note, and this ~
--crr3age, each and every, prompdy on the days respettrvely the same severalty become due.
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2. To pay all and s~ngular the taxes, assessments, levies, liabilities, obligations and encumbrancd of every ~atute ~nd kind now on said dewibed ~
roperty, w that hereafter may be imposed, sufiered, p~ated, levied, or assesud thereon, w that hereefter may be levied w usessed upCn this Mort¢ Y ~
:ge, or the indebtedness secured hereby, each and every, when due and payable, xcording to I~w, before they become delinquent, ~nd before ~ny interest ~o
••-ches or any penalty is incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED ANO DISCHARGEO OF Om
=i =ORD AND THE ORIGiNAI OfFICIAI DOCUMENT (SUCM AS, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED
CERTIRED} SMAII BE PIACED IN iHE HANDS OF SAIp MORiGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that any thereof i~ no1
d, sat'sfied and d~scha~ged sa:d /AORTGAGEE may at any t~me pay the same or any part thereof without waiving p affecting any option, lien, equity p ~
~•;hr unde! or by virtue of this mortgage and the f~ll amoi~nt of each and every such payment shall be immediately due and psyable snd shall bear interest
~.o e c, ~ _ a•e of n~ne per cem~m per ann~m and toge~her w;~h such interest shall be secured by the lien of +h a ~•o.grage.
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