HomeMy WebLinkAbout0173 ~
~ ?tJl ~
^ ~ ^~~0
TH)5 INDENTURE, Mad~ ths 27 t h day of M ay ~ A.0. 1976 between
_ Charles R. O'Donovan and Katherine I. 'O'bonovan, hig v~iife
o} St . LUC~E' Cq~~ty Flwida, h~r~inaftM dttigoated ~s IM °lNORTGAGOR," ~nd FIRST fEDERAI SAViNGS AND LOAN
ASSOCIATION Of fORT PIERCE. a oorpor~tion orpanised u?d exutinp w~da t1+~ I~ws of tM United St+tos of America ~nd I+~rinp Ms principd pi~c~ of
business in tM City of fwt PiKC~, St. luci~ County, Florida, h~r~inafte~ d~~ipn~~~d ~s th~ "MORTGAGEE."
WHEREAS th~ MORTGAGOR is jvs~ly ind~btad ro tM MORTGAGEE in the sum of ~ 1 2~~~~ , good ~nd lawful money oi ~he Un~ted
States advanced by the MORTGAGEE unto the MOR~GAGOR. ~s evide~ced by a catain p~omissay note of evsn date Mrew~th, of wh~ch the tollowinp in
wortb ~nd i' urts • a trw copy, to-wit:
~ 12 , ~t~i.~ , i~u ~ 11000424
Fort Pi~ru. Flwid~, h~dy 27 ~ 1976 '
fp value received, I, w~ or eithe~ of us, promise to pay, wi~hout de(alcat~on, to the o~der of FIRSi FfOfRAI SAVINGS AND LOAN ASSOCIATION Of
FORT PIERCE at F~ i cs f rid~, ths su f 2~ 40~• w;th i e est from date at fhe rale of 9 96 pcr annum in mo~thly inttalL~
ments aa followi: ~~•b~ on the~~t d~y of July , 19~~ and a lik~ wm on the cwre~pa~dirg day of each month therr
efter until ~he whok be fully paid. •
Each installment first shall be +pplied i~ psymenl of the interest and then o~ the unpaid balsnce ot ?he princ:p~l sum. If default is made in tfk
payment of ~ny installment when dus, and such default contin~es 30 diys, then at the optiort of tlie ho~der, and without sny o~her notice, ail the remalninp
installmants shall be due ind payable a1 once. P~ivileg~ is given to p~epay thu note in whole or in psrt at any time without penalty. Weithet fwebearar?ce, '
nor acceptarxe by the hoWe~ th~reof ef?.r any dofiult in any paymenb Fxreon, sMll be deemed extension. A late paymeM tharqe of f 5• 6O , d?all b~ ~
added to each installment remaining unpaid 7 days after iri d~e date, ~nd a tike sum shall be sdded to each such intta!lmen! remaining unpaid 7 days ~iter
each succeeding paymen? date.
Eacb maker, surery and endorse~ hereof, jointly a~d ~ever+lly, waives demand, prexntment protest and notice of protest fw nonpayment, snd further
agrees to sny exteniron of t;me of payment, either be(ore a afta maturity, without rat~ce to any of us; snd to pay all casts of collecteon, I~clvd;np s
reasonsbte attorney's (ee in the event oF any deisult bereunder, snd hereby severally waives a~l benefit o( homestead aad exemption under the cwutit~tion
and I~ws of each Stite of the United States, as agairtst this obligation p any eztension or renewal hereof. ,
Witness the hand a~+d seal of each parfy.
S/ Charles R. O'Donovan ~U
A r~ ~ 7 a~~~.% ISEAU.
' S Katherine J. O' Donovat~ ~
1 S. 60 ~ Sta» Revtnw ,
Y~~~~~~~~x 12, 400.00
NOW, THEREFORE, the MORTGAGOR for the purpose of securinp payment of sa~d sum of s and tke pcrforma~ce ot tM
covcnants ~nd agreements F?ersinafter expressed, and fw divers 9ood ~nd vsluabl~ tonsideratio~s, by thes~e preseo», does ~rant, baryain, sell, rem;ie,
release, convey a~d confirm vnto the MORTGAGEE, itt successors and suigns, atl tM~ urtsin lot, piea ot puce) of land situat~, lyinp, and bein~ in th~
Co~ny of $t • i'uCl e and State of Florida, desaib~d as fdlows:
All of Lot 32 and the East 13 feet of Lot 33, Block 72, BILTMORE PARK, as
Per Plat Book 4, pac~e S2, public records of St. Lucie County, Florida.
Ry aareement of Mortqagor and Mortc~agee on file cvith the Mortgagee, the
within mortgage secures not only an existing indebtedness, but also ADVAI~tCES
to he HERFAF~TER made by Mortgagee to Mortc;agor, the aggrec~ate of which will
equal the principal amount specified in the promis~ory note secured hereby.
_ ~ ~
. ~~~C. C~~%v~'Dor~,~-~-~C~D C
~A.rE Fi._ORii~~. ~
rr, ~ ~
.,Z ~ uv~~1'~':Etv?AR7, ' ST•~ M~' ' 3
c ' il~^vI Gs r~vEnuE :1
" - ~
c - _ .:~.:'!:-•:ot .~4~'
` - ` 1 8. 6 0 1
c~ ~ _
PB. ~ ~ ~ I / J
= .,,.,Z
~ -
. RECEIVED ~~s~ 1ti PAYMElfT OF TAXci
U'Jf OK Ct/lSS 'C IYiANGIBLE PfRSOftAL PRppfRjY~
- PURSlKF17 70 CFiaP'iER 11-134, ACIS OF 1971.
ROGER POITRAS ~?}1 S
CI.ERK C1Rq111 OOI1Ri, SI. LUCIE CO.. FU1.
together w~th all snd iingular the tenemcnts, hereditaments and appwtances thereurtto belonyiny ei in anywise appertainirp thereto. ~nd a0 rents. &sva.
proceeds ~nd p~ofih acvuinp and to acvue from said p~emises, sll of whith ue included in the abore and foreyarg dstcriptan ~~d habendurn.
TO HAVE AND ~Q HOi =the abow descr~bed and g~anted pemises unto the said MORTGAGEE, iri successors ~nd suipr~ for~wt. Md tM said
MORTGAGOR for - h hein, executas, administr~tws u?d assigns, hereby covenanq with the said MORTGAGEE, Hs successws and ~ssipna,
t}1P]r aYP
that - - lawfully s~~~eof the said prem~s~s i~lee ~le: that the same ~r~ iroe, clear ~rd d'ncMrped from all li~m snd ~r
bra~xxes in I~w or in equity, s~d that L y will and f] el heirs sh~ll warrant ~nd defend tM titl~ ro tM sanw to ttw s+id
MORTGAGEE, its succeuors and astiyns, forever against tht lawfu( cla"uns snd demands of att persons;
PROVIDED, AlWAYS that if the MORTGAGOR sMfl pay unto the MORTGAGEE the promisaory note hereinbefore dexribed u+d shall truly, pranptly;~ ~
and fuUy perfam, d~scharpe, execute, compMt~, comply with ~nd abide by each ~nd wery the uipul~tions, ap~eernen», conditions and cov~n~nls of said F','v
prom~ssory note ~nd of this Mwtgs9e, then this Mwtgs~e ~nd the Estate hereby veated ihall uase and be ~uN ~~d wid.
IT IS UNOERSTOOD that ti?e wwd "Matg~gw" whe?her i~ tha s+ngutar or p1wa1 ~nywhert in this MortpaQe, si+~l! bt sinyulu if one only u~d~
shafl be plu~i! joinlty and sever~lly if more than w~e, ~nd that the word "theii' ss used ~nywhete in this Mat9ayt tMll be tske~? to mesn •'his," •'htn••~rp~~
a"in," wherever the conte~et so implies or ~dmin. Also, thst wherere~ thae is a roference i~ the covensnb and agreemenb Mrein contained to N~y of
the parties herelo. the ssme aMH ba consrrued to mean ai wel! a~ tht hein, legal represent~tives, successors and ~uipra (either volunury by act pf th~ .a
pa.tia or involuntary by operetion of the Iaw) oi the isme a~d that th~ covenann herei~ contsined shsll bind ~nd the be~efi» ~nd ~dv~ntap~s inw~ ~
to the respective hein, kg~l representatives, tuccesson sod au'gns of tM puties hereto.
And isid Nbrty~ors, for themselve~ and the~r hei~s, 1e9a1 representativq, svcteuors and axsipns, hereby joinNy and sevaally covena~t snd apr~e
~o and with the sa~d MORTGAGEE, its suueisas and auigns: ~
1. To pay all and ~inyul~r the principal and imerest ~nd the various ~nd sundry wms of moneY paY~bk by virfvt of said promiswry rat~. ~nd N~is ~
mort9aye, each and every, promptly on ths dayt rapectively tM same sev~ratlr betoms dve.
2. To p+y ~II and singvtar the t~xes, auessmenq, leries, li~bilities, oblipsfions and ~ncumbruxes of every rMtw~ u+d kind naw on said deavibd
property, w tMt hereafte~ m~y be ~mpo~ed, wffaed, placed. leried, or essessed thereon. w tMt her~~ft~r m~y b~ levi~d a assess~d upon this Mo~tQ-
p~. a tM i~bt~dnsu ~ecvred hereby. ~ach and ~very, when dw ~nd pay~bt~, auordin~ to law, bsfor~ they becorn~ ddinqusnt, Md blfp~ ~Ily ~111Npt
ettaches or any penalry if i»cwred; AND IN~t%?K iqni iriiwE^v: ;5 :,R S!te~i ~c pon~uPilv UTISFIED AND OISCH/1RGED OF
RECORO AND THE ORIGINAL OFFICIAI OOCUMENi (SUCM AS, fOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1AtLY ENOORSED .
OR CERTIFIEt~) SHAII dE PLACEO IN THE HAN05 OF SAID MOR1GAGfE WliHIN TEN DAYS NEXT AfTER PAYMENT; a~d i~ tF~t event that any therwf is ~01
paid, s~~'sfied and discharqed ia:d MORTGAGEE msy at any time pay ~he same or ~ny part thcreof without w~iviny or affediny any optiw~, IiM, eq~ity p
•~qht under or by virtve of th+s mortytge and the full ~mount of exh and every such psyment shall be immcdutely dve and pa~~ble snd shall bea~ inta~st
~rom the dire rhereof unfil paEd ~t »te of nine per centum per annwn ~nd toye~her w~th iuth iMerest ~F+all be secured by the lien oi th's mo+pt~ye.
~ : , ~
:
f' -c ` s : ~I m.
~ ~~~h ,~~t . .