HomeMy WebLinkAbout0970 ~ 1862~0 ~
THIS INDENTURE, M~d. ~i~e 25th ~y af :VoveIDbe r q,p, ~q 69 ~t,,,~„
Earl Brown and Barbara Brown, his v~ife
of St. LUC1@ Counry Flaida, Iwreinafttr dtsiynsted a~ tM "MORTGAGOR;' and FIRST FE~ERAI SAVINGS ANO COAN
ASSOCIATION Of FORT PIfRCE. ~ tmpwatio~ orqanized ~nd ~xi~tinp undt~ tM I~wt of 1M United S»t~a of Am~~iu u~d Mving in principal plsce of
busin~u {n tM Ciry of fort Paru, St. lucie Co~nty, fla{d~, har~in~fiK d~sipnat~d ~s tFN "MORTGAGEE."
WHEREAS tM MORTGAGOR is jvitly i~bt~d to tM MORTGAGEE in tFw tum oi t b ~ OQQ • ~O ~ood and lawfui money of the Unlted
Srates advanced by the MORiGAGEE unto th~ MORTGAGOR, as evidenced by a certain p~omiuory rate of even dass herewith, of wh~ch the followinp in
= os ao~ iyu~es is a trw copY, fo-wif:
~ ~ ~_16.070
~o.~ P;Kn. F~aw,. November 25 ~y 69
For value received, 1, we or eithe~ of us, promise fo pay, without def~lcation, fo ths order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the sum of j 6+ • ~0 _ with interest from date at the rate of~_% per annu~n, in monthly install-
ments at foltowt: = b0•~ p~ tF~e 15~h ~y of -]aYluar~~_, 19~_ and a like sum o~ !he cwrespond~np day of each month therr
after vntil the whole be fully paid.
Each installment iirst shall be applied in payment of fhs i~terest ~nd then on the unpaid balance of the p~inupal sum. If default it made in ths `
payment of a~y installment when d~e, and s~ch default continues 30 days, then at the option of fhe holder, and without any othei notice, all ~he remaining '
:nstallmenls shall be due and p~yable ~t onte. Privilepe is yiven to prepay this note in whole w in part at any time without penalty. Neither iwebearante,
nor acceptance by the holder thcreof afte~ any default in any payments hereon, shall be deemed extension. A late paymem cMrge of =3 , ihall be
added to each installment remaining unpaid 7' day~ after ih dw dat~, and a(ike sum shsll be added to each such instaHment rerrwining vnpaid 7 dayi after
each sucteeding paymeM da1e.
Esch maker, surey and endwur hereof, jointly and severally, w~ives demand, p?esentme~t p~otest and notice of protest fw nonpayment, and fuAher
agrees to a~y extension of time of payment, eitF+er before or after matv?ity, without notice fo any of us; and to pay all costs of cotlection, includ~ng e
rresonable atrorney's fee in the evenl of any default hereunder, and hereby severally waivrs all benefit of homestead and exemptio~ under the conititution
and laws of each State of ~he United States, as against this obligation w any extension o~ renewal hereof.
Wit~css the hsnd and teal of each party.
/__s/ Earl. Brown ~A~~
(s~?t)
~S/ Barbara Rrnwn ~p~~
9 • ~ ~ State Revenw ~U ~
(Sramps uncellcd on ori9inal note) .
NOW, THEREFORE, the MORTGAGOR for the purpo~e of iecu?ing p~yment of iaid sum of s 6~~~ , and tha perfotms~ce of ths
covenants and agreements hereinafter expressed, and for diven ~ood ~nd valwbl~ conside~ations, by these presents, does gnnt, bargain, sell, remise,
releau, convey ~nd confirm unto the MORTGAGEE, iri successors and ~ssigns, aII that certain 101, piece or parcel of land, :ituate, lyirg, and being in ths
county of S t. LUC ie , end Sr•r~ of Ffor%da, dewibed a, falowr.
Lot 12, Block b, EMANCIPATION PARK, as per plat
`!tt;!i!l~Iltiy!~-
thereof on file in Plat Book 1, Page 38, cf the ~~~1~ O+
O
Public Records o# St.Lucie County, Florida, 7a ~
1tt ~
A,~iD ALSO the west five feet of vacated alley ~U?
1. ~ ;~?r~
Gi,.~ra.•__
ad joining East boundary line of said Lot 12, ~I~
,~'f
o ~ Ll z~ W ~
RfCElVfD S/"~ 12~ PA:'f1E~T OF T:1X~ ~ o^' '
DUE ON CIASS 'C If~iTAlN;ILLE LE=:;' ;~L P'`J?E't+Y. t?~ W Q '
PURSt1ANT TO CtU~_E 2~7_'4, JK;~;, Oc' I3?1. ,-~U o a- ~
RaGER POITRAS, Clerk Circuit Court ~~~~~IIIIII111~~.' ~
Ss ABertt fot QANIft f~. Kt~OWI~S, 1R
St Lucie County Tax CaQectar ~iNf10~
gy ~Z~ozL~7~ 31~(ll '1S
DEPUTY CLERK
rogetF~ with sll ~nd singular the trnemenri, hereditamenq and ~pp~n~nces therwnto bdonqirg or in anywise appertsinirg thereto, ~nd all rants, isives, #
prOCeet~f and prof~ts sca~i~g and to acaue from s~id pr~mi:es, •II of which ue induded in the abovs and fw~pany dsscription ~nd habendum.
TO FIAVE AND TO HOtD the abow dewibed and yranted premises unto 1hs said NIORTGAGEE, its succeuors and auiyns fwaver. And th~ satd ~
vORTGA R for the i r ~~n, exacuton, administratws ~nd assiyru, Mreby cov~nsnri with th~ s~id MORTGAGEE, its suaeswn snd assipro,
rhat t~ey are tawful seiud of rh. ad
ly premis~s in f~e ~imple; that tFw sam~ u~ frN, clear and discMryed from ~II liens u~d ~ncwr~
brarxes in law w in eyuiry, u~d th~t they w;ll and ~pi r hein shall warrant ~nd d~fend tM title to the umt to tM said
MORTGAGEE, iri succeuors snd sui~rq, fwever ~pa'wt ths lawful ctauns and demands of all persoro;
PROVIDED, ALWAYS tf~at if tM MORTGAGOR ~hall p~y unro tM MORTGAGEE fh~ promiscory rate hsrtinbefw~ ~ewibed u~d sha11 lruly, promptly
and fully perform, d~schsrQe, exacvt~, compkt~, comply with and abide by each ~nd ~very the ~tipulatwns, s~reements, condiY~w~s and oove~snt~ of said
prom7isory not~ snd of thn Mort9sge, then this AAorty+~ snd tFw Estate h~rrby created aFull oeas~ ancf ba null ~nd void,
IT IS UNDERSTOOD that ths word "Mort4~gor" whether in th~ sirguta? w ptw~t ~nywhsre in this Mort9pe, shall b~ sirgular if one only and
shal! be plu~al jointly and sevarally if mor~ tMn on~, and that the word "th~ir" ~s used ~nyw6er~ io this Mwt9s~a shall b~ taken to me~n "his:' •'hen; •
or "in;' whereve~ th~ oontext so implia or ~dmits. Also, tFwt wherever 1F~a~ h ~ rtfKenct in th~ cov~nb ~nd apreements herein confained fo any oi
the parties heroto, tiw sur» shall b~ oorqtrved ro mean si we!! ai ihe }win, leysl np?~tenlitives, succtssors ~nd assigrq (eithtr voluntary by act of 1F»
parties w invotunt~ry by operation of tF~ !aw) of tM ~ame snd that ~h• covenanfa herein coet•ined shsll bi~d and rhe benefin snd .dvntsy.s ;rwr~
fo the respective hein, I~al represent~tives, wcces~ors snd ~ss~yns of tfw parties Mr~to.
And aid Mortqs9ors, for themselves ~nd their Mirs, tpal rep~esent~tivp, succeuon and ~ssiy~n, hereby jointly ~nd sev~rally coven~nt ~nd ayree
to and with tM s+id MORTGAGEE, ib sucussws and ~uipro:
1. To pay all and sinpulu tF~e principal snd int~rest ~nd th~ v~r'w~s and s~ndry sumt of mo~»y paYabl~ by vinw of uid promissory not~, and Mis
morty+pe, each ~nd ewry. P~~Ptly on tF~ dayi ~apectivsly th~ s~m~ wwr~lly become dw.
2. To pay al( and sieg~lu th~ faxes, assessm~nn, twies. Il~bilitia, oblgataro and ~ncwnbrancea of ~very rwtwe and kind naw on said describ~d
Prope?hi. or tMt ha~~NK rr?~Y b~ imPwed, wffad, pl+ced. Iwi~d, or ~sssased thereon, a that her~after m~y be levied a ai~essed upon thb Morq- ~
ag~, or tF~s ind~btadness securad Mr~by. ~ach snd wery, wMn dw and p~y~b(t, aaordin~ to law, b~for~ they becane d~iinquenL and befor~ ~ay imerat
attechet or ar~y pen~lty is Fncvr?ed; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND OISCHARCsED OF
RECORD AND THE ORIGINAL OFfICIAI DOCUAAENT (SUCH A5, FOR INSTANCE, THE TAX RECEIP7 OR THE SAT{SFACTION PAPER OFFICIAILY ENDORSED
OR CERTIFIE~j SHAII BE PLACEO tN THE HANOS Of SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER FAYMENT; and in the event that ~ny thereof a no1
paid, sat'sfied and discharyed sa;d MORTGAGEE may at any tims pay tM same or aMr part thereof witFw~t waiviny w affectirg a~y optwn, lien, pvity a
•~aht w~der or by virtue of this mortyaye ~nd fhe full amovnt of esch and every wcf~ paymeM sh~tl be inxnedistely due and paysbk u+d siwp bear interest
F~om rhe date thereof until paid rate of n;ne per cmt~m per a~?nujq a~d w~th wch
in~~ shall be secured by the lien of th:s mor9t~e.
~fl~X ~
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