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HomeMy WebLinkAbout0210 sg°;~~o ~ THIS IN~ENTURE, Made the 2nd day of January A.D. 19~ bcrween Ben L. Bryan, Jr. and Mary Ann Bryan, his wife of St . ~.UCle Counfy Florid~, here~nafter des~g~~ared as the "MORTGAGOR." and FlRST FEDERAL SAVINGS AND LOAN ; AS$pC1AT10N OF FORT PIERCE, a corporation organizrd and ea~sung unJer the laws of the Un~ted $fatQS of Amerita and having its principal place of ; bu~i~eu In ths City of Fwt Pierce, SI. lucie CouMy, Florida, hereina(ter des~gnated as the "MORTGAGEE." ; WHEREAS the MORTGAGOR ~s "ustl mdc6ted to the MORTGAGfE in the sum of S^ 12 f SOO.~ ~ I Y~ , good and lawful money of the Un~ted ~ Statts advanced by the MORiGAGEE unto the h10RiGAGOR, as evidcnc_d by a cena~n prom~ssory ~,ote oi even dare herewith, of wh~ch the following in ~ ~ i or ~2 5~g .e~ a trus coPY. Io-wit: ~ OD ~ 16,131 ~ Fo.~ P~~.«, flaida, January 2 19 70 ~ fw value rKeived, 1, we w eithe~ of us, promise to pay, wi~hout detalcaiion, to ~he orc:er ot FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF ~ ` fORi PIERCE at Fwt Pie~te, Florida, fhe sum of S-~ 12 f 5~' w~th int~iest irom date at thc rate oT"_!?S.°o per annum, in monthly inslall- ~ ments as follows: =~s~- on the day of ~g~~3aL~L 19..ZQ_ and a Ske s~m on the correspend~ng day of each month there- after until the whote be (u~ly paid. S t j Each installment (irst shall be appli.d ir: payment of the inta~esl and then cn the unpa~d 6alance o( rhe pr+rtc:pal sum. !i defaul! is made in the ~ ~ payment of any instaUment wF?en due, and such default continuas 30 days, then ai the opticn of the hotder, and without any other noYrce, a11 the remei~.i: y / ~ lnstallments shall be due a~d payab!e at once. P~: •~~ege is g~vrn to prepay this note in whole or in pa~t ai any t~me without penalty. Neitn:* forebearance, nor acceptance by the holder thereof after any defeult in any payments hereon, shaii be deemed extenaion. A(ate payment charge of S 6•25__, shall be ~ added to each instaliment remaining unpaid 7 days after its dua date, and a Gke sum shatl be added to each wch in:tailment remaining unpaid 7 days after • each succeeding payme+~t date. ~ Eath maker, surety and endorser hereof, jointly and SC'Vl'fJII~I, wa~ves demand. presemment prorest and no!ice o4 protest fo~ nonpaymant, and further egrees to any extension of time of payment, either before or aher ,natunry, w~thout not;~e t. a~~ of us; and to pay all costs of collection, induding a ; reasonable attwney's fer in the event of any defauit hereundrr, and hcreby severally wa~ves al: benefit of hon«st~ad and exempticn under the constitution and laws of each $tate of Ihe United States, as aga~nst this oE~l:garion or aoy extrnsion or renewat herzof. Witness the Fwnd and seal ot each parry. 1; ls/ Ben L. Br~an. Jz. ~ai~ ~J (SEAL) ~S~ MdfY Aritl BI~/a21 (SEAI) ( 18 • 75 1 Stafe Revenue (SEAL) NOW, tHEREfORE, the MORTGAGOR fo~ the r 12~5~.0~ pu pose of secwing paymem of sa~d sum of S and the performance of the covenants and agreements hereinafter expressed, and for divers good e~d valuabte co~s~derations, by these presents, dces grant, bargain, sell, remiu, release, convey and tonfinn unto the~ MORTGAGEE, its tuccessors and assigns, atI that cenain lot, piece or parcel of land, situate, lying, and being in the Ccvnty of St. Lueie and State of Florida, described as fo{lows: ; 2hat part of the North 170 feet of the South 400 feet of the North 615 feet of Governaent Lot 1, Section 15, Town- ship 35 South, Range 40 East, which lies East of the East right-of-way line of the Florida East Coast Railway. TOGETI~R Nith all riparian rights appertaining thezeto or connected therewith, and also TOGETE~R with all wall-to-wall carpeting, one dishwasher and all air conditioners,~ _ i , , t mo ~ } ~ r RECf;'.'f.^ t-"-, I~ PAYl1E'T CF T4XEE 3' V ~ 1 • • ~ _ , ~ . - C'_E C:t C~a~S 'C' I':~At~GIBIf ~E':~i'.c_ . i ~ J QV1,Li'i~~~~lfl~`_',SIK"< i~ P~::S_;':, ~N.•`Pi.-R 2Q1c~. P!': i~Ji 7~:1.~E~IY • ~ O = ~kR-E'70 ~-`~---~T. a_{ CvG C'l;?:;:., CiE:k C!!CU t CC~J' 1 .f;rr~f r ~ v - ~r .?r - = as ti;e-` .,~~!_L N. li(YG~'/i::S, 1R COMp7ROlCER ` i ~d. roo~;Q ;t, 5~ St LL;;;e Ccu.t; Tax Coilcctor ~titiL • ~ ~ ~ By /~IG oa~un c~c ~ ~ together with all and singul~r the tenements, hereditamenh and appurtances thereunfo be~onging or in anywise appertaining thsreto, and all rents, issues, ¢ proceeds and profits accrving and to acerue from said prem~ses, all of which are included in the abore and fwegang dewiptiw~ and habendum. TO HAVE AND T~}10tD the above described and granted premises unto the said MORTGAGEE, its succasors and assigns forevet. And ths said aeir MORTGAGOR for heirs, executors, administrators and assigns, hereby covensnts with the said MORiGAGEE, iri successors snd assqro, that - the aIe Iawfully seized of the said premisa in fee simple; that the ume are free, clear and discharged from atl liens and eiuvm- brances in law or in equity, and thst they W~~~ a~ their heirs shall warra~t and defend the title ro the same to the said MORiGAGEE, its svccessors and auigns, forever against the lawful claims and dema~ds of all persons; PROYIDED, A1WAY5 that if the MORTGAGOR shall pay unto the MORTGAGEE the promiasay note hereinbefore deuribed and shsll truly, promptly and ~ully perform, dixha~ge, ezetute, complete, compty vvirh and abide by each and every the stipulations, agreements, co~ditions and covenants of said ; promissory note and of this Mortgage, then this 1Nortgage and the Esfate hereby created shall cesx and be null and wid. ~ !T IS UMDERSi00D thsf the word "Mortgagor" whcthcr in the singular or ptvral anywhere in this Matgage, shsl) be singulsr if one only and shall be plura) 'pintly and severally if more thsn one, ~nd that the wwd "their" as used anywhere in this Mortgsge shall be tsken to mean "his;' "fxn," w"its;' wherever ihe context w implies w admits. Also, thet whe~ever there is a refererxe in the covensnts and agreements herein cflntained to any of the parties hereto, the same thall be construed to mean ss well as the heirs, legal representatives, successors and sssigns (cither vol~nfsry by ~ct of tht parties or involuntary by operstion of the law) of the same and that the covena~ts herein contained shatl bind and the bertefits and advantaQes inura to the respectire he'us, lega) representatives, successors snd ass~gns of the parties hereto. Md said Mortgsgors, for tF+emulves and their hein, legal reprexntatives, svccessors and assigns, hereby jointly and severally covenant and ~yree to and with the said MORTGAGEE, its suctessors and assigns: 1. To pay all and singular ttx prirxipal and interesr snd the variars and sundry s~ms of money payable by virtve of said promissory note, a~d tbis ~ mongaye, esch and every, prompUy on the days respenively the same severally become due. , 2. To pay all snd tingulu ths taxes, assessments, levies, liabilities, obligations and cncumbranus of every nature and kind now on said described ~ properiy, or that hereafter may be impoted, suffered, plxed, levied, w assesscd thereon, w that hereafter may be ievied or assesud upon tha Mwt¢ eg~, or the indebtedneu secvred hereby, each and every, when due snd payable, according to Iaw, be~ae they become delinquent, snd befwe any iMerest attatF~es or any pe~alty is incurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD TME SAME SHAII BE PROMPTLY SATISFIED AND UISCHARGED OF RECORD AND THE ORIGINAL OFftC1Al OOCUMENT (SUCH A5, FOR INSiANCE, TFtE ~AX RECEIPI OR 7NE SAT15fACilON ?APFR OFFICIAIIY ENDORSED OR CERTIFIE~) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENi; and in the event that any the~eof is ~ot paid, sst'sfied and d"+xharged sa:d MORTGAGEE may at any t~me pay the same w any pan thereof w~thout waiving or affccting any option, fien, equity or •~qht under or by virtve of thit mortgage and ~he full amovnt of esch and every such payment shall be immed~ately due and payable and shall bear intereft ~rom the date thereof un1i1 paid at rate of nine per centum per a~n ~m and together w~th such interest shall be secured by the lien of th's morgts9e. BOOK 1~~ P1?GE ~Oti7