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HomeMy WebLinkAbout1138 21S192 ~HIS lNDfAlIURE. AMde tbe. 3~d d~y of ~p~~~r A.D. 19 71~ betw~ Arthur B. Brnest and P~~rl V. BrnQSt. his wife or _ St . Luc i• t Co~nty Flwids, herei~aiter de~gnatrcl aa the "MORTGAGOR." •nd FIRST fEOERAI SAVINGS ANO IOAN ASSOCIAiION OF FORT PIERCE. • co~paat~wn w9~ni:ed ~~d cx~iti~tig urxler th~ laws of tha Un~tad 5~~~~~ of Ams~ic• ~nd luvinp its principa) pl~c~ of buuMU in IM Ciry of Fwl PiHCe, St. lvc~ County, Horida, hereinahe~ de~iynated ~t th~ "MORiGAGEE:' WHEREAS tM MORTGAGOR is juttly in.lebted fo the MORTGAGEE i~ the wm af S_3~i5~~~_- Qood ~nd I~wiul mon~y o( Ihe Un~ted S~atei adwnced by the MOR(GAGEE uNO the MORfGAGOR, ss ev~d.rncrd by • cartsin promissory ~ote oi eve~ date he~~w~tb, of whicb tM follawinp i~ .+o~ds and fiyuroi is s ~rw copy, ~o-wit: s 3,SOO.QO Ne~'~~~$68 Fa~ P~.~.. Fia~a.. Sept~r 3`. _._i9 Il Fw valw received, 1, we or either ol us, promise to pay, wilhout daialtation, to ~he order of FIRST FEDERAI SAVINGS AND IOAt~ ASSOCIAitON Of fORT PIERCE at Fat Pierce, fbrid~, the sum e1 s- -.~aSQQaQQ_ _ wilh i~~c~es~ from date a1 the rate o1 _Ia_~ per snnum, i~ motNAty ~rytap- ~,~~nts as fo1lows: 5--43.~~- o~ the ZSt d~y of __NOV~~@r t9. 71_ ~nd a like sum on the corre~pondiny Eay o! escA nwnlb tMrr aitrr until tbc whole be fully pa~d. Each instel{nrem (irst shalt be eppli.•d i~ paymrnt of the interest and thrn on ~he unpaid halance of Ihe piinc:pal wm. If dQf~ult is made In 1M ~•~r~~~r~~t of a~~y ~iutallment whcn due, and such delavU conti~wes 30 deys, lhen et the option of the hotdvr, and without sny other nolice, all the remaininy <<~staJlmcnts shall br d~e snd payab;e ar once. Priv~iege is givrn to prep~y thii note in whole or i~ part st any time without ptnalty. Neithlr fOrebea~ante, nor ~cc~~~fan~ce by ~he holder the~eof afte~ any defaull in a~y paymenta hereon, shall be decmed extension.' A Ia1e payment charge of S 2-!~, fhdt b~ =ddrd to each inStallmenf, remaining unpa~d 7 days ailer its due date, snd a li?e a~m shall be addrd to each such i~stailmenf remainirg unp~id 7 days ~(fe~ each tucceedirg payrr.ent date. Each make?, surety and enclorser hereoF, jointty and severally, w~ives demend, presentrnent protest and no~ice of protesl for nonpayme~t, and further agrees to any extenswn of tinee of pay~nent, eithrr before w alter maturity, withouf nonce to a~y of us; and to pay all co~ts of coltection, includ~rq a ~~~esonab(e attorneyb fee in the cvent o( any de(ault hereunder, and he~eby scverally wa~vea all benefit oi homeatead and exemptio~ under t!x tonstitutan .,~~d laws o( each S~are of ~he Un~ted States, as aga~nit ~his obi~gatan o~ any catenswr? w re~~ewa! hereof. •~Yitness the haiuf and seal of each pa~ty. ArL21t1T B. BYI168t l~W (SFAq _a/ Pearl V. Brn~st $ 5.25 ~"`u l. - a State Revenue i5~wnpr wwe~ihd ~w ee~ph~sl~+e+~1' NOW, THEREFORE, the MORTGAGOR iw the purpose of srcv.ing payme~t of sa7d sum of Q~ ind tM performanca of th~ covensnts and ag~eeme~ta hereinafte~ expressed, and fw d~vers 9ood ~nd vatuable co~side~elio~s, by these presents, does 9r~nt, ba~yain, sell, rem~se, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all Ihat cert~in lot, piece pr pucei of I~nd, iiluate, tyinp, and beinp in tht Caunty of St . j„~~=i @ ~nd State of Flaida, described ~s follows: Lot 10, Block 45, Unit S, LAKBW~OD PARK SUBDIVIS~UN~ as per plat theYeof on file in Plat Book 11, Page 5, of the Public Records of St. Lucie County, Rlorida,~ ~ IN PAYIAE~ ~F YAXES ~ i tilll P~ERiY, : t-> c" L U?-1 A RECE~ INTANGIBIE PERSO 19~~. r + ~,~7„ 6=;' . S i::' `i~ T t~ X ~~~1~ C1U1tT~lt 20724. ~TS ~ t~ r l . C.~...~ •''::=t ~ - ~ ~ - ClErk Ciftuit CoUrt ~ ^SE~-;7t c,~~~:~~ - gpG~R r01SW~S, o = =3 ~ 5 2 5= ~ DANIEI N. KNOWLES, 1R N v e~ t:~,: z~/,~ er,t ~ ~ ~,pl{ectOt R8. ~ 9 0~~ z-~s=::;~_-_-- St luue °~~r~r..~-!.~ ~ CO {~ERK gll p4p~iiY +o9ether with aIl and singular the tenements, hereditamem• +nd appurtances thertunto belonying or in ~nywi~ ~ppertaininq thereb, and renb, isswa, p.xeeds and prof~ts xcruing ~nd to scc~ue irom :sid premius, all of which are ~ncluded in the abov~ snd foregoinp d~taiptan and habendum. TO HAVE ANO TO MOtD the sbove descnbed and grsnted prem~ses unto ~he said MORTGAGfE, its tuccessas uw! issiyru fwewr. Md th~ ~aW MORiGAGOP. for th~-i~--- he;rs, eaecutors, administraton and asiigns, hereby covenant~ with the s~id MORiGAGEE, +b tutt~ssws ~nd assipew, rh~r - tb~Y~~g-- lawfully se~:cd of the sa~d prem~ses in fee iimple; that tht same ~re fr», cka~ ~nd dischu~d from all li~r?s and sntwe~ t~ances in law a in e~~~ry, a••d ehat thev_ w;,, _ their heirs shall warrant Md dtfend th~ titl~ to tM sam~ to tl» said MOkTGAGEE, its auccessori •nd ass~gns, faever syainst the iawful claims ~nd dem~nds of all perswu; PROVIDED, AlWAYS that if tht MORTGAGOR shatl pay unto the ~RIGl~GEE the p~omi»ory nott hereinbe(pre described and sh~ll Kuly, prontptiy snd ful1~ pe~fotm, d+KIN14Q, lxKUll, complete, comply wiih •nd ~bide by •+ch~and every tM ~tipula~ions, a~reements, conditio~n ~nd tov~nanri of ~aid c~wn~~sur note and of this Mongaqe, then this Mortgaps and the Est~te hereby ue~ted shall c~ss~ and M nuU ~nd void. IT IS UNDERSTOOp tMt the word "Mo~tyagw° whethe? in the singular w plural ~nywher~ in this Mwtyap~, ~II b~ tinpulw it otw ooty and ahall pe pl~~it pintty •nd arerally if more thsn one. and rhsf the word "lhcir" is ufed anywher~ in thh Mat9a~ thall be takM to m~u+ "hi~,•• •'fi~n,•• w"irs," wl+ereve~ the context w~mplics w admits. Alw, that wherever there i~ a rafe?enc~ in tM cw~nanh ar?d ~qr~nt~ F~nein com~in~d 1q ~ pl rM parties herc~o, the ume shall b~ construcd to me~n wefl as the heirs, iey~t rtpresent~tives, wccesson ~nd asspm (eithtr roluntary by M oi-1h~ pare~es or in~ol~nrary br op~rst~on of ~he law) of the s~~.,t er.d insi tAe coven~nq htrein contained ihall bind and tM be~efit~ ~dv~ntpn irnx~ to the respectiv~ he~rs, kyd rsp~eunfatives, succe~wrs •nd •sryns of the partitf h~reto. And s~id Nb~~gaQor~, fw them~elv~~ ~r+d Iheir heirs, ieyal r~prtsent~tivts, succ~stor• ~nd ~uipnf, hereby jointty and MvN~lty cowMnt ~nd p~N ro and wifh the ~~id MpRiGAGEF, i» succnsors ~nd pf~gm: 1. To pay •11 ~nd urgul~r tM princip~l snd interest ~nd the variw» ~nd funMy ~umf of morNY par~bl~ by virtw of s~id promis~ory not~. ~nd Mi~ 1 r+~orty~qe. fKI1 ae+d every, promptly on tl+e d~ys re~pect~vsly th~ aam~ Nv~r~lly b~com~ due. i ~ 4. To pay •II ~nd unqular, tM ta,ces. ~s~c~smeM~. I~vi~s. li~biliii~~, obtipations and ~ncumM~ncN oi ~v~ry Mtw~ ~nd kind rpw o~ s~id de~tribd ~opNty, a~h+t he.e~lt~r may be ,mposed. ~~ffe.~d, pl~ced, I~vied, a•w~sed the.ew~, or tM~ here~l~~? m~y b~ I~vi~d a uHaed upp~ thb p~, w t!y indtbt~dn~w wcvr~ he~~bY. ~~ch ~nd ~r~ry, when dw ~nd p~y~~l~. ~ccadinp to law. be(p~ ~My becan~ d~li~qwm, u~d b~fw~ ~ny MHsNi •T~acMs w•ny p~nalty i~ inturred; AND INSOFAR AS ANY 1NERfOF IS Oi RKORO TME SAMF SHAII EE PROMPf~Y S/1TISfIED AND DISCNARGED Of kKORD ANO THE ORIGINAI OtiIC~AL UOCUMENT ISUCH AS, FOR INSTANCE, iME 1AX RECEIPT OR THE S/1TISfAGTION PAPER OFFICUIIY ENDORSEO OQ CERSIf1ED) SNAIt OE VIACED IN TNE HANUS OF SAID MOR(GAGEE WITNIN !fN DAYS KEX( AF1ER PAYMENi; ~nd in 1i» ~venr ri?~t ~ny th~~pf j~ eq~ p~.d. ut ~~~~d ~nd d~sthsrq~d sa d MORTGAGEE m~y •r •ny hme pq ~ht s~me w~ny p~r~ ?her~o) wi~Fwu~ w~ivi~p w•1(~clirq ~oy optan. ~iM, pvify p ~ •.~M ~.~r a by v~.ew o( th~~ mp~ty~yw ..,d ~he L,? ~rnovM oI e~ch ~nd ev~ry ~~h p~ym~m ~hdl be immed~~~ely due ~~d p~y~ble ~nd ~Ml1 beK inlNNt ~.um rF.~ d~~• ti.~iM1 ~nnl ps;d ar r~te ol n~ne ~.er cen~um wi •nn~m •~d toyerh~r w,th ~uch inp~e~t ~hdl t~ pcvr~d by ?R~ li~n of 1h'f mwpt~. ~ aooK 1s5 ~A~E 1136 _ ~ _