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HomeMy WebLinkAbout1330 r 18654~ THIS INDENTURE. Msd~ the 2nd day of D@CFlt~@Z , A.O. 19_.~., between Oriel BzicQ and Susio MaQ Br~cQs his wife~. of $t• 1'~lCi@ County Florid+, henin~fta d~iiynated as the "MORTGAGOR," •nd fIRST FEDERAL SAVINGS ANp IOAN ASSOCIqT10N OF fORT PIERCE, • owpwalion orpanistd ~nd ~xiitinp ~ndK tF+~ I~ws of tM United Statq oF America and Mvin9 in principai pl~ce of } o~iiness in tht City of Fwt PiKa, St, ttici~ Counry, florida, Mreinafta dtaqnared u the "MORTGAGEF." WHfREAS th~ MORiGAGOR a juatly ir~de~ted to tlw MORTGAGEE in th~ sum of = g+2~~~ , good and lawful money of the Un~tcd Srates advanced by the MORTGAGEE unto the MORTGAGOR, ~i evidenced by a ce?fa~n promiuory nole of e~an date herewilh, of which the followinp in words ~nd figures is a trw copY. towit: s 5.20~•00 ~,i,_ 16,076 Fort Plerc~. Flaid~. DeCeLhe! 19..~Q_ j Fa valus received, 1, we o? eithe~ of us, promise to p~y, witho~t defalcstion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at fort Pierce, Flwid~, the tum of : Si?~•~ with inte~est from date ~t the nte of $.a~_46 per ann~m, in moNhly instalb ~ menrs as follows: = 65•~ on the 5t~1 day of -~~1~rjL, , 19~_ and a like s~m on the correspond~np day of each month t1~e~r ' after uniil the whole be fully paid. 3 Each installment firit thall be ~pplied in psyment of ths inte~e~t and then av~ the unpa7d balince of the prindpal sum. If default is made in the ~ payment of any instaltment when due, a~d such default continues 30 days, lhen at fhe option of the hp{de~, and without any othcr notice, all th.e remain~rg + ~nsrallmenti shall be due and payable at once. Privilege is yiven to prep~y thw note in whote or in pa„ at any tims witfwvr penalty. Meither faebea~ance, nor acceptance by the holda ~hereof sfter any default i~ any payments hereon, shall be deemed extention. A la?e payme~t charge of ~3•25 shall be added to each installment remaining unpaid 7 days after its dw date, ~~d a like sum shall be added to each such installment rcma`•ning u~paid 7 days after each s~tceeding paymeM dattr. Each maker, surety and endorsen c~reof, joinlly and sever~lly, waives demand, presentment protest snd notice of pro?esf for nonpayment, and further agree~ to any exrension of time of p~yment, eithcr before w aftet maturify, without notice to any of us; and to pay all costs of coilect~on, i~clud~ng a reasonable attorney's fee in the event of any default hereunda, ar+d hereby sevrnUy waives all benelit of homestead and exemption under the constitution and laws of each State of the United Srates, as against this obligation a any exteruion w renewal hereof. Witness the hand and seal ot each pa~ty. S/ Ari,@1 Rri.-g ~qU (SEAL) SI Susie Mse 9ri -e (s~?t) ~ 57.80 ) srate Rev~nva ~u (Sralr~ps uncelled on wiginsl note) NOW. THEREFORE, the MORTGAGOR fw the Pu?POSe of secy?~^p MYment of said sum of S S.~ZOO-00 , and the pe?formance of the covenants and agreements fxreinaftcr expressed, ~nd fo~ ~vers yood ud valwble considaations, by thess presents, does grant, barqain, setl, remiu, re.ease, convey and conEirm unro the MORTGAGEE, iri wcceasor~ and auiqns, all that certsin bt, pieos or putel of land, sitwte, lyirg, and being in ths Coanty of St. Lucle , and Stat~ of Florids, described ~s followr. t 's Lot 18, Black 5, 9~UTHBRN PINBS SUBDIYISION, as per plat thereof recorded in Plat i a ~ Book 9, page G8, public Records of St. Lucie County, F2orida, ; ~ . ~ S'f~~l- t~F f- L U~ t L~'.J? ~ s1~• It~ PA'.'r~E~~ cF T.~r~s ~ c~ ~ DOCUMENTAp ~ S ~ At~1P TA5( R_cE!vfo r. r ~ Z _ ~ oo >q _ D'JE 0'r'. CII~SS 'C RfTAYG`.B!E PE•.S..t~al- P;:JrERiY, --i ~ = DEC-5'69 = pl; :S.:.*.;ii TO CI,dP~:R 2~72-1, R~'iS OF 19~i1. ~ ~ = v o~ 7 8 0' f•.C'G=F PCI?RAS, c;eT~ c;~~~~t c~~~ ~ ~o~~~t~ RB. ~90138 - as Ag~nt fot QANI~I N. KNC1Y(FS, 1R ~ ~ St Lucie County Tax Coll;.ctor ~ By DEPUiY CLERK rogether wirh all and urgvlar the tenements, heredifamenb u~d ~ppurtantts therevnto balonqirg w in mywise ~ppertaieunp there% ~nd all rents, iuves. proceeds and profiri acvuing and to scwe from said premises, ~II of wFiKh ue included in the ~bov~ ~nd foreya~g dssaipYwn and habendum. TO HAVE AND TO HOID the ~bove desaibed and yr~nted promises ~nto the s~id MpRTGAfsEE, its wueason and auigns forevK. Md tFr sa(d MORTGAGOR for thgir hein, executon, sdministrston and ~u' ns, Mr g eby coven~~b with fht said MORTGAGEE, Ns wccessots u~d astip~n, ; ~hat ar-..°-- IawfuUy seiz~d of tM aid premisa in f~ simpie: that th~ wrn~ an fr~, clear ~nd discharped from all lien~ and e~cwrr { brances in (~w w in eq~ity, and thst the~ wilt ~nd thPir heiq sha!! warrant uid defend ?M title to the samt to tlw ~aid MORTGAGEE, itt successors and suiyr~s, fwever agairot tl+~ lawfvl daims artd dam~nds of all penonsj PROVIDED, AIWAYS tF?» if tM MORTGAGOR shsll pay unto the MORTGAGEE tFN promiuory rate hereinbefws dtwibed u+d sh~ll trvly, p?omptly and fully perfwm, discharge, exscute, compkte, comply with and sbid~ by e+th and rvery the sripulations, ayrtemenb, tonditioro and oovenants of said ~ promistory note ~~d of this Matyaye, then this Mortyspe aed tM Estate hn~by cr~ated s!?all u+s~ and ba rwll and v~oid. IT IS UNDERSTOOD tl+it tM wwd "Mort9sgor" whetMr in th~ sirqula~ or plw~l anywh~re in this Mort9~, sh~ll be sinpulu if one only a~d shall b~ plural jointly and ~eveally if mor~ than one, a~+d that tlu word "their" as uied a~ywher~ in this Morty~ shstl be taken to mean "ha:• ••hers;' or "its," whersve~ the context so impliss or admits. AIw, thst wherever there is a r~ference in tM cover?~ms and spreernenq hersin contained to any of rhe panies hereto, the s~me ~hall b~ conitrued ro mean ~s weil u the I+~in, tp~l r~presentatives, wccessors and assiyrq (sitha~ vol~nt~ry by sct of tM panies a involvntsry by opention of the law) of tl~s sarrr and that tF~e cove~snts henin contained sh~ll bind snd th~ benefits and advants~es inw~ to the respective heirs, ky~l representativq, suaesson and ~u?yr?s of the psrties 1+treto. Md said Mwtyayws, for themselv~s and their heirs, Ipal repr~sentaY~ws, succeswrs and ~si~ns, hereby jointly and uverally coveMnt snd ~yrae ro snd witi? the said NWRTGAGEE, in successors and •uiy~x: 1. To pay ~11 and sinpular fM principal and interest and th~ wriou~ and t mon~~ys, e~ch ard ewry. promptly o~ tFk d+ r w~Y w~ °f ^~O~y aYable bY virt~?e of said promiswry note, and this ri esp~ctively the sanr av~r~lly bscan~ dw. 2 To p~y all a~d sinyular ths uzes, auesunenq. Iwias, liabilities, oblipatio~s and ~ncvmbnnces of every n~tw~ and kind now o~ sid describad P~~~Y, a that here~NN m~Y b~ in?Posed, suffad. Placed. Iwied, a~sssss~d thcreon, a? that hereifter may be kvied a assetsad ~rpon tlws Mortp~ afle, a th~ indebtednea ~ecvred Mreby, ~adi and w~ry, when dw and payable, aocordirg to law, btfor~ they becpr» delinq~ent, and bef«~ aMr intaest attaches or any pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SH/lU SE PROMPTLY S/lTI5F1EQ AND DISCHARGED OF RECORD AND 111F ORlGINAI OFflCIA1 OOCUMENT (SUCH AS~ FOR INSTANCE, THE T/1X RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII 8E PIACE~ IN 7HE HANDS OF SAID MORTGAGEE WIIHIN TEN OAYS NEXT AFTER PAYMENT; and in tF~e evem ~hst ~ny the?eof h rat oaid, sat:sfied ~nd dlsch~ryed sa:d MORiGAGEE may ~t s~r time p~y the same or any part thereof witFwvt waivinp a aflettinQ any option, litn, equify ot •~qhr u~der or by vinue of thii mortgsge ~nd the full amount of each and every wch paymeM shall be immediately dw and payabk +nd shall bex interest ~ ~.om the dat~ thereof until paid ~t rate of ni~e per untvm per ~nnum and toyether with ~uch interest OI(k secured by ihe lien of th:s moryfape. . BOOK ~1 PACE~3~Q - - - _ - _ _ ~