HomeMy WebLinkAbout1022 / " 1 1 1 '
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rr~is ir~~~. M.d. ,i+..._ 7 th d,y of 0 c t ob e r ~ A.D. 1V~ ~w«~+
. Cad W. Brown and Louisc~ R. Broxn, h s w fe
~ Sa ill~ LUC~A ~~M Fiw;d~, hrr~naft~r dNipMt~d w the "MORTGAGOR;' and fIRST FEDERAI SAVtNGS AND IOAN
ASSOCIATION OF fORT PIEIlCE. ~ vxpo?ation orqanfsad and sxutinp u~da tM law~ of tFw Uni»d 5~~~a of Am~ric~ ae~d Mvieg 11s principal pi~ of
bwineY i~ th~ CNy oi Fort PiKa. Sf. lvoi~ County. florfda, twr~irwha daipM»d a~ ih~ "MORTGAGEE:'
yyF~REA~i t?» MpRTGAGpR k ~ustiy t~drbl~d to tM MORTGAGEf in tM wm of i-~~ ~~0• Q~ puad and liwfvl moe?~y nf tM Uni»d
Stat« ~dv~nt~d by fM MORTGAGEE v~to th~ MORYGAGOR, ~videnc~d by a urt~in p~omiuory not~ of ev~n data Mr~with, of which ttN followinp in
w«a. .nd f~ ia . t.v. oovr. ~o~wtr: 13 s 497
i~L~ Q V . ~0 ~~1r~ c~
F«f phrce, Fb,id,, 0 r_ to b e r _ 19..,..ss~
Fw wlw rK~iwd, 1, vw ot ~itl~ of w, promi~e to pay, withotit d~faluri~on, ro thr ordar of FIRST FEOERAI SAVING$ AP20 LbAN /155.K~ATiON OF
FORT PIERCE at faf P~ru. Fbrid~, tM sum~ o~f L=y, Q~.~~Q ~ with intero~t from dat~ at tFn r~t~ of _ 6_.~.~e prr a~nun+, in monthiy inatall-
reNnts u followr. _~Q~Q~ on th~ i..ZSc~ d~y of J~.~~u~~-; 19~ ~nd e like ~vm on th~ torrespondirp day of ~~ch mo~th thK~-
ah~r until tM wFal~ b~ fully p~id.
Eath inst~llmr~t first shall br ~ppii~d in payment of the intareat ~nd then o~ the unpaid bal~nce of the prinupal ~um. If defe~h is m~~ in tM
paym~nt oE any inst~llm~nt when dw, ~~d ~uch def~ult cor~tinue~ 30 dsys, then ~t the option of the holder, and without any other notite, all tha remaining
irutsllm~nfs ~h~ll bs dw ~nd payabl~ ~t onw. Privlly~ is qiver+ to prepay this nob in whol~ or in part ~t any tima without pcnalty. PN+tM~r f~or~~+b~at+nc~.
rwr ~ct~pt~~ by tM ho1dK tM~wf aft~r any default in r~y paymenb Mreon, thall 1» desmad extension. A late payment charq~ of 3-~.7. th~ll b~
add~d ro sach ir?tta~lm~nt rem~ininp un}»id 7 da~rs ahrt lt~ dut deta, snd i like tum shill be addsd to each iuch installmant r~mainlny u~p~id 7 d+ys afhr
~ach wccMdlrp r~+Ym~nt d~t~.
Eath mak~r, ~unty and ~ndorter herwf, jointly ~nd severally, w~ivas demend, presentment protest and notice of prote~t fw nonpaym~nt, ~~d furtMr
aqrhs to any ptt~miw~ of tim~ of ¢~yrrrnt, either bsfore or eher maturity, without notite to any of us; and to pay atl costs of collection, includinq •
rssson~bl~ ettomey'~ fts in th~ svent of any default here~nder, and hsrsby severelly waives all benefit of home~tead and exemption und~r ths constitution
snd I~wa of exh Stite of tM Unitrd 5t~tes, as aqainst thi~ obligatio~ or ~ny extans'son or renewal hereof.
Witneu th~ hand and a~al of each party.
Cad 6~? _ BrQ~m _ ~~u
T,rn~i aA R~ Rrawn - _ ~S~wW
~AW
(5E!?l)
1~ ~ 9 ~ } Stih R~vsnw
(Stampa canall~d an aipinal not~)
h10W, TNEREFORE, 1Fa MORTGAGOR for ihs purpo~e of feeuring payment of s~id sum of S 4~ and th~ psrformanu of th~
tcwnanb ~nd prNments htrein~ft~r ~xpretsed, and for dirers qood and valv~ble tonaideratien=, by thesa p~esants, doot qrant, bsrfl~in, s~lt, r~miie,
relt~~, convsy ~nd canfirm unto tM MORiGAGEE, its tucteswrs snd auignt, •II thst certsin lof, piott or partel of land, tituat~, lyin9, and beinp f~ tM
Covnty of S~n~- L11Cj-B _ , and Stat~ of Fbri~s, de~cri5sd as follow~:
Lot 1 of Black 5, ELDORADO St1ADIV2S~ON~ as ner ~let thereof on fY]e j.n
Plqt Rook 8~ at naqe 2, o£ the public recorr~s of Saint Lucie County,
Florida,
.
R~CEIYED ~ IN PAYMENT OFTAXE~
~ cl!~!?w Cl_ns~'C' INTANGISL6 PERSONAL PROPERl7.
n G ! ;t -n p~;- .~T ~p ~!:APrER 20724, ACY~ OF 194t,
W S.~ I~-~ ~~~F I l~ ~ R i 1J F'? , CI `rk ~ltCUi! C~Yri
i~ F DOCUMENI`Ao" STAh1R i AX
_ - o~~v _ as A^, •~r f r l! M. JAM~5
J~ OCT11'65 ` - nty iax Col tor
° W i 3 9 5~ sf. ~~~~e l.
_
(/7 ~ COMPYROLIEA „ _
~ C.
~~.Icn139 =z`~-a,-!_ - - 8y DEPI?'[TCI~
toQ~th~r with ~ii ~~d sinpul~r tF+~ tenemenn, hereditamenri and appurtancet thsfeunto !'»lo~+ying ot in •nywis~ appeflaininy thet~to, rnd •Il r~ntn, iuws,
prot~edt ~nd profin ~cuuinq and to accr~a from ~aid prerniter~, elf of which ara included in the abov~ and fwspoirxp deatription arrd Mbendum.
TO HAYE AND TO HOID sM ibOVi desaibed •nd yr~nted premi~ e~nto the said MORTGAGEE, its sutteswrt ~nd assiqru forever. And tM sa{d
MORTGAGOR for ~h~-t~' Mirs, ~xecutor~, administrston and auigm, hereby co~enanri with ihe uid MORTGAGE€, ih ~utteswro and ss~iqrh,
that t'hA~ ~Z'~ lawfu~ly ~iz~d of tM said premiaes in fee ~imple; that the tsm~ u~ fre~, cltar and discharyed from •It lian snd ~r~ncurtr
br~nas in I~w or in puity, ~nd tMt thB~ w;ll •nd *he ir h~;rt shall warn~t and dsfer+d tM titl~ ro th~ M1M TO TIf~ N~
MORTGAGEE, In succtuors ~nd euipna, fw~v~r painit tM lawfvl cl~ims and damandt of all penomt
~ PROViDED, AlWAYS 4hat if tM MORtGAGpR rhall piy unto the MORTGAGEE the promisswy nots her~inbsfa~ detvibed and shall huly, promptly
~ and fully p~rform, ditch+rp~, ~x~cvt~, complet~, tompty with •nd sbid~ by e~ch and evsry fhe stiputataro, ~reem~nh, co~ditions ~nd aortnantt of s~id
promiswry not~ and oi ehis Matq+yt, tikn this AAortyaye and th~ Eaut~ heraby a~at~d shali paa~ and b~ null and void.
~T IS UNDERSTOOD tfi~s the word "Moriq~gor" whather in the tinyular w plw~l anywFxn in this ARorly~ge, shsl! b~ ~i~qulsr if w» only i
sh~li b~ plural ~ointly ~~d qwr~lly if mor~ than on~, and that the wad "their" wed ~nywhere in this Nbrtqap~ shsl) b~ taken to mean „hb; ,,•lan „
a"its," wMrwa tM oon»xt w implia w~dmin. Alw, that wherov~r +he.e i~ s nfirenc~ in fM covenanh ~nd ~pr~em~nb h~rt~n oont~ln~d to ~ny of
t1+~ ps~tie~ h~r~to, tM urrn sh~ll b~ const?wd to mesn ss well a tM heirs, fpsl rap~aenutiwa, succeswr~ ~nd assiym (~Ither voluntary 4y ~ct of tFa
p~~ties w GevoluMuy by opKation of tlw I~w) of tM sun~ and th~t tha covenent: h~nin contain~c! ihall bie~d and the bsnefiri and ~dvs~t~q~s in~n
to th~ nsprcfive Min, bqrl np?ssentativrs, wasuora ard ~u~qrn af th~ parties h~roto.
Md said Mortypas, fw ti+emtelv~s ~nd tFxir hein, Isq~I mprssentativa, iucc~asors ~nd sssiq+u. hareby iointly w+d a~v~r~ily coven~~t ~nd agrse
to and w}th tM said MORTGAGEE, in ~ucceawrs e~d auiyro:
1. To p~y sll and sinpui~r tF~e p?incipal ilKl I?11Kltf i~ 1IUf vsrio~s snd w~clry wms of nwnay p~yabl~ by virtve of wid promitw~y nott, a+id tha
mortpape, t~ch snd ~v~ry, pramptly on tM days resp.c~ivcly ttw ~arr~ ~ev~r~lly b~cor~w dw.
Z. ?o p~y s(1 u+d sh+pylar tM tax~s. aaare~menb, Iwies. IiabilNi~s, obli9sebora and entvwnbranaa of w~ry n~twa and kH?d now on wid daaib~d
W~h, a that F?Neafta~ m~y b~ impowd, wff~d. P~a~aed, kvied, or w~e~wd tMrroe?, o? that F+K~aftN may b~ leviod w taNxed upon thi~ Mlortp~
p~, a ti» ir~d~bt~drNa t~cur~d !+e?eby, ~ad~ aod ~vNy, when due and parabl~, ~ceo.dlnq to t~w, k»fws tMy b~corr+~ d~linqwm, and b~fon my b+rK~st
~tt~chn p s~y p~nalty i~ krcurr~d; ANO INS~OfAR AS I1NY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTL~ Sd1T13FIED AMD DISCHARGED Of
RECORD AND TNE ORIGINAL OF~ICUI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR TME SATISFACTION PAPER OfFIClllllY Ef~iDOR5E0
OR CERTIFIED) SFIAII ~bE PUCED II~i THE H/INDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFfER PAYMENT; artd irt the ~wnt that ~ny t?x~~of is rroe
p~id, saYtfi~d ared ditd~arqsd s~~d MORTGAGEE m~y ~t sny tim~? pay the same w eny p~rt tMreof without wsiviny w sffectinq any option, li~n, puity w
•lpht under or by virtw of thi• mortg~y+ •nd the full amount of eath and swery ~uch paymert ihall be immediately dva and payable ~nd th~l! b~ar Mterat
~rqn tM dat~ tMreof until p~id •t rat~ of nins per cent~m per •n~um e+id royether with such int~rest ~hall be sec~~~ ~y tM leK+ of th'~ morQtp~.
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~~~s ~ll~~~~~~ . ~