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HomeMy WebLinkAbout1628 ~ i ~~~3~~ ~ ~ THIS INDENTURE. Mad~ 1h~ ~~th d~y of Ma rch A.D. 19~ b~lwkn Ben Brunson and Marx Br~son, hi s wife ; , of S~. LUC i 8 ~ Cpynty Hwida, h~rtinaftN dtilpna?ed N th~ "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS ANO IOAN ' ASSOCIATION OF FORT PIERCE, a corpor~Y~on or9~~ized and •xisti~p under tM I~ws of tM Unit~d Stat~s of Ame~ic~ and havinp i» principal pl~c~ of ' busin~si in tM Ciry oi Fort Pi~rce, St. luci~ Couny, Flaida, h~ninafte~ desipnated af th~ "NWRTGAGEE." WHEREAS tM MORTGAGOR is jwlty indebted to tM MORTGAGEf I~ the ~um of 50~,~ , pood and I~wful ma»y oi the United States advanced by ths MORTGAGEE umo the MORTGAGOR, as evidenced by a cat~in promi~ory nots of eve~ date herewith, of which the followinp in wwds and F;~~r~s is a trw copY. ~o-w~t: i . 00 ~1 ~ ~ P~,~,, Fia;d,, Ma rch 2!-~ i~b Fw value received, 1, we o~ either of us, prom~se to pay, without defalcation, to~the order oi FIRST fEOERAI SAVIN'GS AND LOAN ASSOCIATION Of FORT PIERCE at Fat Pierce Fforida, the sum of = ~ 500. w;th internit from date ~t the rate of ..~G~ per annum, in monthly install- ments ss follows: i • 00 0~ the 1 th day of M8y , ~q 66 and a like aum on the ca~espw?dirg day of esch mo~th tMrt- atter until the whole be fulty paid. E~ch ins~allment first shall be appl~ed in payment oF rhe interesr and then on the unpatd balance of ~he princ7pil iu~. If default is msd~ in ths payment of any insiallment when due, and such default co~tinues 3p day~, then ~t the optan of the holder, a~d without ~ny other twtice, all the remainirg ~nstallments sh~ll be due and payable at once. Privilege is yiven to prep~y thia note in whole w io p~A ~t any lime without penal~y. •Neithtr- forgbeararrce, no~ acceptance by ths ho{der thereof aftcr any default in ~ny paymenrs hereon, shall be deerned extension. A bte psymsnt tharge of 1s • 7~ yF~II bs added to each inaullwient remaining ~?npaid 7 days aft~r iti due date, a~d a like wm shall be added ro e~ch ~uch installmenl remaininp u~paid 7 daya aftsr each succeeding paYmenl date. Each maker, surety and er~dwser hereof, jo7nNy and sevenUy, wsrvcs dems~d, presentmcnt prrnesr ~nd notice of prW~cr for ranpaymeM, and fwlhet agrees to sny extension of time of paymenf, either before e~ after maturiry, without notice to ~ny of us; and to pay a11 costs of collection, inclvd;np • reasonable attorney's fee i~ thr event of any deiault hcreur+der, and hereby severally waives all benefit of homestead and exemption under the cnnititution and laws of each Srare of the United Stafes, as againa? this obligation or ~ny extension w renewal hereof, Witness ths Fund snd se~l of each party. /s/ Ben Brunson ~U fsf Mar~ Brunson ~q ~?u . f ~ • 2 ~ ) State Revenw ~U (Samps uncelled on oriyinal note) NOW, iHEREFORE, tha MORTGAGOR fw the purpose of secvri 3 ~0~ ~0 ~ ~nd the perform~nce of tM ny p~ymeet of said sum of = + • covenanh and a9raemcnts henineher expreued. and for divc~a Qood and valwbl~ com;der~tions, by thes~ present~, does prant, bar9~in, selt, remiis, releate, convey and confirm unto j~ MORTGAGEE, in iuccessa~ ~nd auiyns, dl tMt cen~in lot, pitu or parcel of I+nd, ~itvste, lyinp, ~~?d beirg in tM c~ry ~ St . Lucle .~,a 3t,r. of Fb.~a., d..~.ca.d rdbws: Lot il of J. E. W. McCULLER~S SUBDIVISION, according ~o the plat thereof of said subdivision recorded in Plat Book 4, at page 3~, of the Public Records of St, Lucie County, Florida, _ ~ ~d ~ " RECEtYEO = - Il~t PAYMEiiTOFTl1x~ W I C ~F r L U{-1 { L A ~%z ON CLASS'C' INTANGIBIE ?EBSONAL PQO!'ERn~ U } DOCUMENTAQ`_! `STAMP TAX P~U'~KTTOCMAPTER2072t,ACTSOFIlIt. ~ ~G'O R?~.?1TR~:, Clsdc Grcvit Cavrf ~ a = nnRtB'66 ',~~'-s` = o, ~M for CU=TIS M. JAMES ~ ~ - ~ 5 2 5= sr: c~,? Ta N CCM.PTA~LLER _ P~.19~1138 ~~`_°_"_'y~'~.-= - ~r D6PUTY GLERI( topether with sll ~nd singvlar th~ t~nemenn, he~ec':taments and spp~rtances tiiereunto bdaginp or in anywi~e ~pp~rt~inirg tFnrHo, and all rtnt~, iuws, proceeds •nd profin ~cuuiny ~nd to scvve from iaiu premises ~II of wFi~d+ m induded in tl+~ abov~ ~nd forpoieg dacription ~nd hsbendum. TO HI1VE AND TO HQLD tFw ~bove desuibed artd yr~nted premises ~nto tht Mid MORiGAGEE, its suoceuas and a:ipro forwa. Md tlw s~id MORTGAGOR for the ir - ezecuton, adm~natraton and au' nt, he~ ~ +Q eby oovtnanri witb !he s~id MORTGAGEE, ils wtteswn aed assiprr, ~~t thP.v 9Y~F? ~~~~~~y ~;Z~ of the sa;d pemises in fe* simplr, th~t tM sarr~ N~ fr»,, cl~a~ and diuhsryed from all lam and Mcv~m bru+ce~ ie~ law a in equity, ind thsL~- will and thA i r h~ir~ yhdl wursM and deftnd tM titl~ w tM ame to tlw aid MORTGAGEE, iti iuccessors ~nd assigra, forever against the ~awful claims snd demuids of all penwq; PROVIDEO, ALWAYS tMt if the NWRTGAGOR thall p~y unto the MORTGACsEE th~ promisfory ~ot~ her~inbsfw~ datribed snd shall tnrty, promptlr and fuH~ perform, disclwr~. ~xecute, compleu, canply wirh ~nd ~bide by ~xh ~nd ~v~ry th~ stipularioro, ayreert~nts, cw~dir'~o~a a~d aoven~nn of said prom~~sory not~ and of this Mort9pe, then this Mortyay~ snd tM &tate h~~~by veated shall oas~ and b~ null ~nd wid. IT IS UNOERS10pD th~t tt+e wwd "Mwt9syor' whethe? in th~ sirgula~ a plural aeywMre in tt~h Nlortp~pe, ahal( b~ ii~putu if on~ only and shatl be ptural jointty srd s~ver~lly if mor~ than on~, and that the word "their" is wed anywher~ in tha Mortqa~ sMll be tske~ to me~n "his,'• •'h~n; ' or "iri;' whe~ever th~ conte:t so implies w ~dmits. Also, that wherever ther~ h a refM~np in the cownanf~ a~d aQreanems herein oont~ined to ~ny of rhe puties hereto, the same sMall be cantrued to mean as well ~s tM Min. Ipsl npnsp+tatiw~, suoc~sfors and auipro (either valvnt~ry by ~ct of th~ p+~tia or tnvolunfary bp operation of th~ law) of the same and tMt the cova,.nn Mnin conrained sh.ll bind a„d ih. benef~n •nd advamaQa irwr• to th~ resp~cti~re heirs. Ipal repre~entativa. successon ~nd ~p~ym of tM psrtiws bar~to. Md said Mortypon, for ~hemselves snd their heira, ley~l repres~ntatives, waes~ors ~nd auipr~s, h~r~by jointfy and ~everally covenant and apr~e to and with tl~e said MORTGAGEE, its successon and ~uipra: 1. To p~y ~II ~nd sin9vlar the prinap~l and inferest and 1F~e wr"eo~rs and wndry swn~ of money paY~bl~ by virtw of ~aid promiiwry note, and thi~ mortyays, each and w~ry, promptly on tl+~ days reip~ctively tM wm~ s~wrally becan~ due. 2. To pay dl and singvlar tM tazes, auesunent~, levies. liabitities, obliyations afld M1Q/1IIFN~fKf{ pI fYtfy/ MhN1 ~(1d klfld now on aaid desaibsd woperty, a rMt here~fter miY b~ imPwed, suffa~d. plsced, levied, a as~eised thenon, or that here~fl~r may b~ levied or +~ws~ad ~pon fhis Morf~- ~y~, a t1M ind~btadneu tecured hsreby, eacb and wery, wh~n dw ~nd p~y~bl~. ~ccordiny ro law, befa~ fhey bscoen~ dNinqutnf, ~nd befon airy intaet~ anaches or a~y penalty a inc~rred; AND INSOFAR /t5 A THERfpF IS OF RKORD THE SAME SHAII bE PROMPTLY SATISFIED AND DISCHARGEO OF RKORD ANO THE ORIGINAL OFflCIAL DOCUMENT (SUC~ AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER ~OFFICIAIIY ENDORSED OR CERTIFIED) SHAII 6E PUCED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEX: AfTER PAYINENTj and in the svsnt that ~ny the~eof i~ nw pa+d, sat'sfied ind diuhuQed sa:d MORTGAGEE msy st amr time p~y the tamt or any p~A thertof witFa~t w~ivinp w~ff~ctieg ~ny oplion. IiN+, equity or •~pht under or by vinue of this mort9s~e and tF~e full amount of each ~nd every wch p~ymem sFull be immediately dw and psyabk and ~all b~ar interqt ~•cm the date thereof u~til paid tt rate of nine per centum pK ~r~nwn ~nd together with sud~ int~rat shall be ucured by tM li~n of th:s ma+ptaye, BOOK 141 425 - . ~ _ _ :