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HomeMy WebLinkAbout1359 ~ • ~~~0 THIS INOENTURE. M~d~ !h! 26th ~y ~ JLie - ~ A.0. 14_~.. b~n~v~+ Austin L. Broqan and Dorothv A. BrQ~~^ a w~fe • i~~- -1 of St. LLiC28 C~unry F{or;da, hK~inahM d~sipn~»d ~s tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. ~ oorpor~tion otpw?iz~d and ~xistinp undK tM law~ of th~ Unit~d St~qs of M+Kiu ~nd h~vinp its princtp+l p~+a of busin~u in th~ City d Fo~t Piaa~. St. luci~ County, f1orW+. Iw~~ftw dalpoatd a ti» "MORTGAGEE." WHEREAS tM MORIG/1GOR it jwtly indtbbd w th~ MORTGAGEE in th~ su~n of ~ 14, 400.00 ,~ood ~nd lawfvl ma+~Y of th~ United ~ S?at~s +dvancad by tl» MORTGAGEE unro tM MORTG~GOR. as ~vWMCed bp + oKt~ia Pron+issory ~w» of ~vM d~t~ t+Kwrith, of which tM fdlowinp ie t wwtb snd fipurq is • trw copy. lo-wit: N„ 15,769 ~ 14,,., 400 .00 June 26 tv 62_ ^ Fat Pi~~u. fb?id~, ~ - Fw valw raceived, 1, vw or ~itht? of ~n, promis~ to p+Y. wi~ha,r d•f•Ic+rioe~, ro rn. ord.r of FIRST fEDERAI SAVINGS ANO tOAN ASSOCIATICNI Of ~ FORT PIERCE at Fwt Pierce, Fbrida, ttK wm of i~~ wiM intK~st from dat~ ~t tM wt~ of Za~% pK +rn?un4 in mo~thly in~tall- " rnann as follaws: i 112 . 00 an the ~~L_ day of A StgLLS.t . 19..(~9__ u~d a lik~ sum on the oon~spond'a+p J+y of ~sch ma?th tl+~n- ~ after until the whok bt fuliy paid. ~ - Esch iastaliment fint shall b~ applied in paym~nt of tM interest u~d then on the unpaid b~laooe of the principsl sum. if defwit is m~d~ in tM L paymenf of a~y inatallment when dw, and wch defa~h continues 30 days, then at tM option of th~ holde?, u~d without u~y other notice, ~11 tM r~mainirg ~nstallmenb shall be dus aod payable at once. Priviley~ b pivu~ to pr~p+Y this noro in whol~ or in p~tt ~f any ti~n~ without pMalty. PNither fonbtu~nt~, nor ~aeptarxe by the holder thereof aher any defwlt in aeY p+ym~nM I+sreon. sh+ll be deernsd extMSion. A lat~ payme~t ch~~ of i~-. s1w11 b~ ~ added to each irntallment remaininp ~npaid 7 days aher in dw dar., and a like aum shall be add~d ro esch such u+st~flmtnt remaininp wip~id 7 days afht ~ each sucttedirg p+yment date. E+ch makar, wrey a~d endorsa herwf, joinNy and ieve?+Ily, w+ives demsnd. prese~?tment protest snd notio~ of prwe~t for ranpayment, ~nd fwtMr agrees to +~y extensan of Yune of payment, citixr before or after matwity, without notice to ~ny of us; and to pay all cosn of collection, iacludi~p a " reasonabk attorney i fee in the eve~t of any defaulf i+ereunder, ~nd I~~by uva~ally w~ives all benefit of homestead ~nd exemptan under tM ooosHtution a~d lawt of exh State of ths United States, as against thit obli~ation or u~y exte~?sion w re~tw~l htnof. ~ Witness tFa hand snd seal of euh party. /s/ Austin L. Broqan ~ ~ (5~?U s Dorothy A. B rogan ~ R~?~? ~ 21.60 , st+t~ R.wnw (Stamp~ unotlled on oripinal noM) NOW, THEREiORE, the MORTGAGOR fw th~ purpost of Ncwinp p~ym~nt of s~k! wrn of i 14 .+~d ~ P~«m~r~c~ d tM mver?anb and agreemenn hereinafte~ e:preued, and fo~ divers pood and wlwbl~ caaid~wtio~s, by the~ praents. does ~rant, barQain, s~tl, ?en?is~, release. tonwy and oonfirm unto the MORTGAGEE, its woas~ors and usiynt, aU tMt certain {of. pi~o~ or paro~l of I+od. s1h+a». ~Yirg. +^d beinD in tM co~nry of S t. L uc ie .nd St,t~ of Florida, daaib.d u io~~ows: I.ot 18, Block F, I?fARAVILLA ESTATFa, as per plat thereof on file in Plat Book 8, Page 77, of the Public ?Zecords of St. Lucie County, Florida, ~ - P(;n,sG~~C~ ~ d ~o~ER ~ T u ~y~~,4,r~~e~' ~N P~rh y. 5 1/-~ 1 C~' L U''~ S~ Rge~t p~~ Cler~. e2c~I f q~T~~ ~t~ ~ J Z DOCU~ENTA~~ S~ i t~ t P f l~c i e ~~r l ry x~ Co ~1."~ . f ~ o _.n.~t26'69 fi~ •~<<-~`_ By t~ I`~ Co!! ~~E~i 1R N v cotiearno~~~,~~~u';~s 2 ~ s f to ~ 'PCZ.19~T*F G ~ ~ i ~~~~ss C ~ i ~ ~ royeti»r with ~I) snd sinpvlu tM »n~m~nt~,. Mr~tam~nts and ~ppurt~nces tMrwnro belaginp o? in anywiM ~ppKt~ininp tMrMO. ~nd dl nMS. 1s~w~. ~ p?oceeds and profin ~c«uin~ ~nd to accrue from said pr~mu~s, all of which m intiud~d in th~ sbow ~nd forpoinp d~sviption Md hab~ndurn. ~ TO HAVE AND TO HOID tht ~bow d~scribed and y~annd p~miws unto the wi:l MORTGAGEE. its wooNSan and mipro faaw~. Md th~ Nid ~ MORTGAGOR for thei r h~in. ~xec~ton, administrarort u~d aaipm, he*~bY oowrWnt+ with tiw said MORTGAGEE, its wa.~sson ~nd awiprM. ~ they are rhat lawfuly u~~ed of tht said prama~s in fN sinpbs that tlw s~ an frM, cbar and di~charpd fran all Ua» and ~na+nt a br~nus in law or in equity. «+d they will ~nd thB 1Z Inirs sh+ll wanent and def~nd tM title fo tM s~m~ b tht wW ~ MORTGAGEE, in successors and assgns, fwwer apairot t}r I~wfvl claims u+d d~rnar~dt of .11 penora: PROVIDED. AlWAYS that if tF» MORTGAGOR shall pay unto tl+e MORTCsAGfE 1M pomis~ory not~ h~ni~befon dtic*ib~d and sh+ll trvl~?, p~omptty and ivlly p~rfam, d~schary~. ~~c~eute, compl~», comP~Y with u+d abid~ by t~ch and wery tht stipvlations, pr~ts. oo~ditiar u+d ooverw~ts of s~id ~ prom~uwy not~ and of rhi~ Mo~t9.y~, rhan this Mo.ryaye u~d th~ Esu~e hsr~by crw»d sl+all aat~ and b~ nnll and void. « IT IS UNOERSTOOD that ttw wwd "Mortyapor' wlwthK 1n Me sirgvlar or pliwal anywl»n in this Mort~ape, shall b~ sinpular N om onlY a~d ~ shall be plwal jointly and ~evK~lly if mon tfw~ ont, and that tM word "~Iwir" as ~a~d anywhen in thia Monp+p~ sFwll b~ qk~n b ~ne~n "F~h." "h~s.•• - w'its." wl+erew~ the conaxt w implies a admits. Abo, tlwt wh~rewr tha~ is a nf~r~nn in tiw wv~nams and aqr~em~nb Iwnin aomainad to anr of ` ~M p..~i.s h.r.ro. Hr sam~ ahall b. c«unwd w m~w~ a w.ll n fh~ h~'as, kpal r~pe.a?ativu, woaswn and assipna (~Nha voluaf.ry by ~ct of N» ~ partia or inwlunf+ry bY op~rafSon of the law) of the wn+ and that Nw oovMS:.~ h~nin cam~imd sMll bind and th~ b~n~fib and adv~ntap~s iiwn ~ ro th~ nsp~ctiw hein. Ip~l nprp~nt~tiva, waessws and au~piu of th~ pmia Mnw. ~ Md said Mo.typas, fa them~elv~s ~nd their heks, bp~l r~presentativa, wcoe~son ud asipns, i+K~bp jointly ~nd s~wraly covanant M+d ~prN ~ ro ~e~d with tM s+id MORTGAGEE, i» ~vensson and assip~r: _ ~ 1. To p~y ~tl and w+pula? th~ principal and irtterest and tM vuious and wndry suna of moewy payabl~ by vktu~ of wid promiswry noN, a~d thi~ mortp+~. ~ch and w~y. PromPty on the daY~ r~+Wctiwlp tM sam~ ttwr~lly b~can~ dw. ~ 2. To pay ~11 ~rd sinpula. th~ ta:as, ass~sunena. Iwi~s, liabiliriq, oblqatiom and ~ncvmbnnas of rrery natw~ ~nd kied now on aid d~wtb~d a, e; Prop~rfy, o~ Nwt hM~~ftN m~y b~ knpoMd, suffM~d, P~+~. or aM~ss~d fF~~of1. o? fhN M/NffM may b~ Iwi~d p epon ~ +9~, a tl+~ ind~bbdnea s~arnd Aer~b~r, wcfi and wKy, vrhan dw and p~y~ble. ~awdjnp w law, befw~ tMy b~oorn~ d~linqwM, and Mfon ~ny M~taMt ~ straches w a~ryr pen+lty is incwred; AND INSOFAR AS ANY ?HEREOF {S OF RKORD ?ME SAME S11ALL 6E PROMPTLY SATISf1ED AMD DISCFIARGE~ OF RECOR~ AND THE ORIGiNAI OFfKIAL DOCUMENT (Sl1CH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OffICIALLY ENDORSED ~ OR CERTffIED) SHALL BE PIACED IN THE HANDS OF SAIO JMORTGAGEE WITHIN TEN DAYS NEXT AFTER YAYMENT; ~nd in the want that iny tlwnof is ra1 ~ p~id, sat:afied and d~9ed s+:d NWRTGAGEE ~nay ~t amr tim~ p+y tM wM or aay p+rt thereof withovt w~ivirg or ~ff~Ninp aey option, li~n, puity or ~ ~cpht w~der w by virtue of this mwtyay~ and the full ~rnount of each and ~very wd+ payma+t sh+ll b~ imm~diately dw ~~d payable ~nd shall beK iM~rast kom tM dat~ th~rwf ~ntil pa~d at nte of nine p~r centum pe~ ~nnum and topethN w~th such intNat ~II M s~cwed by ?h~ lien of th:s mwptapt. ~ 800K 1 , O qli ~ '1 . _ _ _ _ ,