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HomeMy WebLinkAbout0044 3~~803. THIS INOENTURE, AA~d~ the 22nd _ d,,, or _ March A.D. 19~ between Ma llie D. Donohoe, and Jud th M. DonoFioe~, Fiis w-i'~e of t• uC e County Flor~di, hereinafte~ des~y~+ared as the "MORTGAGOR." and FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF FOR~ PIERCE. • co~pa~~+on organtzed ~nd ea~~~~ng unde. the laws of 1he Un~ted S~a~~s of America and havinp itf principal plac~ of busina~ io IM City oi Fwt Pierce, St. lutie Gounty, Florida, hero~naher des~gnated u tM "MOR[GAGEE:' WHEREAS tM MORTGAGOR is justly indibted ~o tFe MORTGAGEE in the wm of S- 3-919~ • 9ood and lawful money of the Un~ted Stata advanted by th~ MORTGAGEE ~nto the MORTGAGOR, ss e.~drncad by a certa~n prom~sswy note of e~en date herewJh, o( wh~ch the iollowiny in wwd~ and fipures b~~rw copy, ~o-wit: 39,900.00 No 02-23027228 s - - _ 78 fort P~e~ca Fla~de. ___M81IC}1?2 ~q fo+ wlue received, I, we, o. erther of ~f, pranur to pa without drialcar,on, ro the order of fIRST FEDERAI SAVING$ AN~ IOAN ASSOG~ATIpN Of fORT P:ERCE at Fort P~erce, flqida, ~he sum of S 3g-~ ~~•-oO _ w;~h interest (~om dete at the rate of _8' 75 °.o p~r annum, in momhly instailmenrs aa follow~: S 328-+.~4 - on the lOth day of _Jul~/ _ _ ~9_78 and a like sum o~ rhe correspond~ng day of each mavh thereafte+ unnl Ihe +vhole l~e fuNy paid Each insrallmeM first shall be apptfed 1n pa~mtM of ~he iroercat and ihen on the unpaid belance of tF~e principal suen. If deFault is made ~n tha paymem of any instal:ment wF~n d~e. and s~•ch defauN continues 30 days, the~ at the opt~c~n of the ho:der, and without any other not~ce. all the rernain;ng installmenrs shall be due and payel~le at once. Privilege i? given to prepay this r.ote in whole w in part at any rime without penalty. Neither fwbraraqc~: ~Oaccep~ance by the holder the~eof afte~ any default in any payr.,ent hereon, ih~ll be deemed exte~sion. A late payment ~harge of S_--- 1 shall t>e asse~aed the 261h day of the month, ~f a ~rgu:ar bvsinesi day. w. if nol a reflular business day. ~hen the next buslness day, on each monthly ins~allment not then reteived- Each maker, surery and ertdorser hereof, jo~nt~~ and severally, waives demand, prexntmrnt protest arfd natice of p~o?est f.x ?wnWYme~t, and further ag~ees to any exrcns~on o1 time of paymrnt, eaher before or aher mawr~ty, w~tFw~? non.e ~o any of us; and to pati• ell cosn of coilection, incl~ding a reasw~able anorney's fee +n the evert of any de(a~it hereunder, and hereby aevera:ly waives all benefit of Fwymestead and exemption under ~he mnst+rution acd laws of each State of the Umted Sta+es. as against this obi~gas:an w any eate~s~on or ~enewal hereof. S/ Mallie D. Donohoe ~sEAu State dotumemar sramps the amounr (SEAI) 59.8~ S/ _ Judith M. Donohoe _ ~sE„u of s _ a.e - affuced to the mwtQ~ge secured hereby _(SEAI) NOW, THEREFORf, the MORTGAGOR for the purposc of securir~ p+yment of sa~d sum of S ~~-s Q~' ~nd the pe~(wmance of tM covenaNS ar+d agrceme~as here~nafter expressed, and fcr d~vers flood and valwble cons~derations, by these p~esents, does grant, barg~in, sell, remise, release, tonvey and confirm unto the MORiGAGEE, its sucteiwrs and assigns, aIl that certain lot, piece w partel of Is~d, situste, lying, and being i~ the County of St . I-uc? Q and Staro of Fbrida, desvibed ~s follows: Lot 15, Block 4, LAKEI~UOU PARK, UIvIT #1, according to the plat thereof on file in Plat Book 10, on page 51(a-c), public records of St. Lucie County, Florida. By agreement of Mortgagor and Mortyagee onfile with the Mortgagee, the within mortgage secures n~t only an existing indebtedness, but also ADVANCBS to be HBR6AFTBR made by Mor. tgagee to Mo rtgagor , the aggregate of vr hich v~ill equal~the principal amount specified in the promissory note secured hereby. RsC~iwd • '~D In Payment Of Texe~ Due On Class "C" Intangi~le Personal Property, ~ ' , 4j~ Pursuant To Chaptsr 71, 134. Acts Of 1971. i ' R06ER POI TRAS a'P ! _ C~srt~ Circuit Court, S~ Lucis. Co.. Fla. E - ~ - r - - ~ _ ~ ; i ~ ?i~A'1- , A , . . . . { ~ • ~ . _ . ~ 1 I . ' `y;•~- .i- ~ ~ ~ . - - - , _ `l~ ~ ~ L~ ~ i ~ ~ , •cgether with +~d singular the tenements, hered~raments and appurtanccs thereunto belongin9 w in anywise appert+ining thereto, ~nd +II rents, iuuet, ~-oceeds and piofits atuuing and to aarve from said premises, all of which sre includcd in the above ~nd foregoeng desviption and Mbtndvm. TO HAVE AND TO HQLD the above described and ~~antcd premises unto the seid MORTGAGEE, it~ successon and siigns fuever. Md t1n said :`.ORTGAGOR for --thell---- ~~~s, executws, adm~~istrotors and ass~gns, he~eby covensnts with tfx said MORTGAGEE, itf sucttsson and ~stiynt. ~~.zr *~~~~-~g---- lawfully seized of the said premises in fee simple; that the s~me are free, dear and dixharged from s!1 liens ~nd entum- ~ crancef in ~aw or in equity, and that thev „~,;p and their hein shall warrant ~nd defend tfie title to the same to Ihe said ~ '.~ORTGAGEE, its successors and aasigns, fwever against the (rwful daims and demands of all perwns; PROVIDED, AlWAYS that if the MORTGAGOR shaN pay umo the MORTGAGEE the p~omissory note hereinbefore dewibed and shall Iruly, p~omptly a~ d fully perfwm, d~uharge, execute, complete, comply with and abidc by exh ar~d every the ttipuletions, ayreements, conditions ~nd covenanfs of iaid ~ :~c~*:~story note ~nd of this Morfgsge, then this Mwtgage and the Estete hereby created shall ce~x snd be n~ll •nd void_ ~ IT IS UNOERSTOOD that the w«d "Mortgsgor" whether in the s~ngular w plural anywhere in this IKortgsge, ~hall be sirgvlar if one only and . sha!I be plur~l jointly snd teverally if mwe than one, and that the wwd "the'N' ss used anywhcre in this Mortgaye shalf be taken to mesn "his" "hen;' Jc ~ or "irs," wherever the context w impiies w admits. Also, that wherever there is s refe?ence in the covenants and agreemenrs herein conuined to ~ny of ~ab ~ ±he parties hereto, the wme thall be co+~strued to mean as well s~ the he~rs, legal representative~, successws and assigns (eithe? voluntary by ad of tht . ~ aarties w i~voluntary by opention of the law) of the same snd that the covenants hcrein tontained shall bind and the benefib and adwntaqp inurt f1V , ~o the rdpettive he'ui, Iegal representatives, successors and ais'grts of thr parties hereto. vG! And said Matgagon, (or themselves and their heirs, leg+l reprexntatives, successors and augna, hereby jointly ~nd severally covenant and ayre~ ~ !o and with the said MORTGAGEE, its successors and assiqns: ~ ~ L 1o pay •I! and singulsr the principal and interest and the various and sundry sums of money payable by virtue of t~id promissory note, ~nd tha a ~~ertgage, ~~ch and every, promptly on the days respect~vely ~he same xveralfy become due. T 2. To p+y all ~nd singvl~r the taxes, aiussmeNS, levies, li~bilities, obligations and encumbrances oi every nature and kind raw on said dewib~d ~ ` property, q tF~at hereafter may be impwed, suffe~ed, placeA~ levicd, a asussed tFxreon, or that heresfte~ may be levied or asussed upon this Mort¢ ~ ~ a~e, w tFw indebtedness secured hereby, euh and every, when due and p~yable, accading to law, befue they become delinquent, and befw~ ~ny inte~es~ a+!eclxs o? any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RECORD TNE SAME SHAII BE PROMPiLY SATISf1ED AND DISCHARGE~ OF ~ECORD AND iHE ORIGIhAL OFfICIAL DO~UMENi (SUGH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO CR CERTIFIED) SHAII BE Pll.CED IN THE HANOS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENI; and in the event that any thereof is not • aa d, sd'sfied snd distharged w;d MORTGAGEE mey at any time pay the same w any part thereof without w~iving or affectirg any option, lien, equi/y a •~~hf ~nda w by virtue of this mortgage and the fuli amo~nt of each and every such payrt~.ent shall be ~mmediately due and payable s~d shall bear interest ~ {+cT rhe date thereol untit pa~d ~t r~te of ~~ne per cemum per ann~m and together wrth suth interest shall be securod by the lien of th:s mor9ta9e. Y.: "Fd~'~~.: . ~ _ ~ st'€:-F~~ ~.a~ _~E a ~ f~.»c. ~ ~ . . . . ' _ _ ~ ? i ~ ~ ~ ' ~~~+~.~ta~~.