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THIS INDENTURE, MaJ~ th~ Sth ~ S_ d+r of Septeaber ~ A,p. ~q
75
' Rrancis W. O'Brien and Bleanor K. O'Brien, his aife
of SL. Lycie ~ ~o~My Fior;da, h~r~in~i~K d~sly~ared as tM "MORTGAGOR;' ~nd fIRST FEDERAI SAVtNGS AND IOAN
ASSOCIA?ION Of FORT PIERCE. ~ corpa~t~on orpsni:ed and ~xistinp u~ tM laws of tM Unit~d Sat~s of M+~rka and havtnp Ms princtpal pl~a of
buun~ss in ?M City of FoN PiNC~. St. luci~ Cowity. fbrida. M~einaf~K d~sip~u~d ~s tM "MORjG~J1CsEE."
WHEREAS ti» NWRTGAGOR is jw~ip ind~b~~d fo ~M 1MORTGAGEE in the ~6un ~f'~~ Y..~L~~ , pocd +nd ~+wfu) mor+sy of tF?~ United
;rates adwnced by ?h~ VIORiGAGEE unto the~ MORTGAGOIt~ as widanced G= a!~!%++L+ p.omissory not~ of w~n dat~ Mnwith, of wh;ch tM fdlowinp in
words and fq~rss Is a rrue copy, to-wit: ' ~
~ 26, 400.00 'i~ 23000135
~ Py,~p, F~~,,, September 5 19 75
fa value received, 1, we a either of us, promise to w+~harf d~f~icatio~, to ~he order of fIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE ~f Fat Pierce, Fbrida, ths wm of = 26~ w;~h interest iran date ~t the r~t~ of 8•7~ per ~nnum, in monthly irobll-
ir~ents ss followt: Z218•~0 _ on the 2~h day of ~tober ~~975 and a lilu :~m an tF?s cornspondinp d~y of each month tF~~-
a~ter umil the whole be fvlly paid.
Each installment firft shall b~ applied in payment of the ints?esf ~nd then on the unpaid b+l~nte of th~ print7pal sum. If defauh h m~d~ in the
E~ayment of ~ny installment whe~ due, and such defavh ca+tinuea 30 days, then at the option of the hotde~, snd without any otFar notice, all the remainin~
~:,stallments shall be d~e and payable at axe. Privilepa is yiven to prtpaY thb oote in whok w In put +t ~ny tim~ without peMlry. Phithe~ fonbtuante,
nw acceptance by Ihe holder the?eo( aite~ any default in any paymrnb hereon, ah~ll be deemed extension. A I~te p+yment charge of s IO.9~ ~
addrd ro each insullmen~ remaininy ~np~~d 7 dayi after its dw date, and a like sum shstl be added to each such installment remai~iny unp~id 7 daya ah~r
each stKteeding paymMf date.
Each maker, surey and endorser Fxreof, join~ly and sever~lly, waives dcmand, p.exntmenr p.otesr •nd norice of prae~~ fo. n«?payment, and funha
agrees to arry sxtension of time of payrrKM, eithcr befwe w after maturity, withoul notice to any of w; and to pay all cosb of tollec~ion, i~cludinp s
reasonable attwney's fee in fhe event of any defavlf hereunder, and hereby uverally waives all benefit of homeste~d and exemption und~t tFN cautitution
a~~d laws of each Sute of the United States, as against this obligation w a~y eitension w renew~l hcreof.
Witoess the hsnd and se~l of e~ch party.
S/Francis W. O'Brien ~
ls~?U
S/ Eleanor K. O'Brien ~
~ • ~ ~tate Revcmie ~
(Sqiw'a-oM+seile~aera~+Qi~wM no?d•-
NOVII, THEREFORE, the MORTCAGOR fw the purpose of secvring psyment of said sum of s 26 ~~0 •O0 and fhe p~?form+ncs of th~
co•+enants and agreements hereinafter e:pressed, and fw divers pood and v~IwWe cont~der~tions, by tMs~ presanri, do~s qrant, bsrp~in, sell, mni~se,
r~ieaae, convty and confirm unro the MORTGAGEE, its successors ~nd ~ui9ns, all tFut certein bt, pieoe or parul of lu~d, sifuate, lying, and b~inp in ths
County of St• ~C1e , and St~t~ of Florida, dewib~d ~s fdlows:
Lot 4, Block 3217, PORT ST. LLICIE, FIARESTA PINES, UNIT 1, as per plat thereof on
file in Plat Book 16, page 35 of the nblic records of St. Lucie unty, Rlorida
4~`~'~ ~r ~~G~ ' ~ 77' ~~~7
By agreement of Mortgagor and !?iortgagee on file with Mortgagee~ the within mortgage
secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by
'~tortgagee to Mortgagor, the aggregate of which will equal the principal amount
snecified in the protaissory note secured hereby.
.
` ~ STATE aF FLDRID,~ ~
; ~z ~ DOCUMENTARY~~4STAMP TAX j
i M OEPT. pF REYENUf • ~
~ ~ _ = ~P ~s~5 : ; ~ ~ 3 9. 8 01
~ a =~~,at ~
~ 1 - - ~~roF~s
~ : - ~ cuE oN cu~s~ ~r urr~~ ~ niorertr~
vur~n Tv awr~ nast~ ~ aF i~~L
~ ~ ~at~s
aaK ca~r oo~ti s~. wc~ ao4
+ogether with dl and si.gular tfie tenemeots, hcreditaments ind ~ppwtances therevnro btbrgin~ w in u+ywist ~ppe~talnkg tMreto, and all rentt„ issws,
p.oceeds and profia accruing and to xuue from :aid premises, sll of which ue irKJuded in ths ~bove and forpoinp desuiptan ~nd h+bendwn.
TO HAVE AND TO ~LO the above dew~bed and 9ranted premises unto rhs said MORTGAGEE, ib wa.eswa and mi~ro forew?. And th~ wid
!1',ORTGAGOR fa ~he-r hein, eaecutors, adminiirratws ~nd auiyns, hsr~by ooven~nri with tfK said MORTGAGEE, its wa~sson and assiyn,
~har - theV `~re IawfuNy sei:ed of the s+id premisss in fes iunple: that th~ wn~ an fi«, clesr and d'adwr~d fran ~II li~ro and a~a+rtr
brances in law~r in equity. ~+a r~? they will a~d ~e1r heirs shall wuraM and d~fad th~ fitl~ to fM lam~ fo th~ s~id
rAORiGAGEE, its successors snd euiqm, forever ~gaimt the lawiul claans and demands of ~II perwmj
PROVIDED, ALWAYS thst if tM MORTGAGOR shall p~y unto the MORTGAGEE the praniasay not~ Mr~inbtfon aew~d and sh~ll Nvly, promply
a~d fully perfwm, disclwrge, execute, compkte, canply witF? snd abide by each a~d ~very the atipulatioro, pnsm~nts, conditiotu and oovenanb of said ~yd
~ c romissory note and of this Mortgage. then this Mortya9e aod the Estate haeby veated ~MII pas and b~ null and void. - o~
~ IT IS UNDEli.STOOD that 1M word "Mort~sga" whcther in the sinpular a plw+l snywMtt in this Mwt~apt. ~MII be airgular if a+e only and ~
~ shall ba ptural joiMiy and severelFy if mors thsn one, snd that the word "their" ss used ~rryvvlxn in this Mortype sh~ll be tak~n to m~an "hi~." °I~s.° N
~ or °its;' wherever the context w implies w admits. Also, thst wherever there h a r~fNence in tlw cowMnb and apr~enri he~ein aootairrd to aen? of
rhe parties hereto, the same shall be cor?strued to mea~ as well at tM Mein, kyal npreuntatives, wocessors and ~ssiqro (dtl~u voluntary by act of th~
parries or invol~ntary by ope?ation of the iaw) of the same and thst the coven+~n h~rein contained shsll bind and tFw benefiri and advsntapes ir?un
?o ~he respective hein, legal representatira. successors snd aa°yns of tF~e panies Mreto. ~
Md said Mortypws, for themselva arw! their heirs, leyal represent~tiva, succeuon u+d assipra, h~reby ~ointly and sever~lly oovenant and prk
ro and with tM said MORTGAGEE, in suct~swn ~nd ~ssbg~:
1. To pay all aed urg~lu th~ principd u~d inte~est and iM vario~rs and wndry svms of mon~y payabl~ by virh+e of ~aid promiswry ew», and thk
morrgaQe, each and every, promptly on the d~ys resp~ctively ths s:mw sw~ral~y becorn~ due.
2. To p+y dl and sirgulu the taxas, auesu~wnn. Iwies, liabilifies, obli9stiau a~d ~neumbr~noa of ~vrry rntun a+d kkd now on raid d~wib~d
c~opc~h, o~ tlut 1»reafeer may be impaed, wNared. Placsd. Ievied, w axessed thenon, or tMt hert~ft~r may be Iwid a ~sses~ed upon tN~ 1Nort¢
aqe, w the indebtedrxss ucured hereby, each and ~very, wh~n due and p+yabl~, acoordirg w law, befon tMy beconw ddinqu~nt, and b~iw~ am? MaKat
ar~aches 0r ~ny penalty is incvrred; AND INSOFAR AS ANY THfREOF IS OF RKORO iHE SAME SHAII 6E PROMPTIY SA115FIED AND DISCFIARGED Of
RECORD AND THE ORIGINAI OfFIC1Al OOCUMENT 15UCH AS, fOR INSTANCE, iHE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1ALLY ENDORSED
CR CERTIFIE~) SMAII aE PIACED IN THE MANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in tM rw~t th~t any tfwreof is not
pa~d, sat'sfied and dixhar9ed sa:d MORTGAGEE T~y at any time p+y the s+me o? any p+rt thereof without waivinp w ~ffectirq arry? option, lien, ~ity o~
•~qhr ~nder or by virtue of th~s morty~ye arw! the full amount of e~ch and every wch p~yment ihall b~ immediately dvt snd pay~ble ~nd shall bear ~nter~st
~roT, the da~e +he~ecf v~r~I na d a+ rate of niee per centum per anrwm and royether w~th iuch inte~e~t shall be s~cwed by tht lien of th'• morqtafle.
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