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HomeMy WebLinkAbout2751 21.62~ 3 b ~ ~ . THIS INOENTURE, Mad~ tM Z3rd ~y pf Septe~ber n.~. 19 71~ b~lwe~n ~ward R. 8ram and 8asbazs C. Brown, his wif~ _ a( St. LLiC~t ~ Co~ty Florida, Mt~in~(tK d~aipn+ted s~ tM "MORTGAGOR;' and iiRST FE~ERAI SAVINGS AND IOAN ASSOCtAT10N OF fORT PIERtE. ~ cwpontion apa~i:~d u~d ~a4tinp und~. fM lav~n of 1M th+ited Sata of Am~rica ~nd havinp it~ principal pl+u of busin~u M tM City of fat PiKn. St. luci~ Covnty, Fbrida. lw~inahw tMa~pMt~d h ~M "MORTGAGEE.•• WHEREAS tM 1MORTGAGOR i~ ivatly incMbNd w th~ MORTGAGEE in 1M wm of = 9~ 4~• ~ ~ood u+d I~wful morwy of tiw United Satn advanc~d br tht AAORTGAGEE vn~o tM MORTGAGOR. ~ridMC.d by a anai~ praniuwy of ~vM d~te Mrwvitb, of whid? tM followinp k~ wad~ and iipwe~ is a ~n?~ copy, to-wit: ~ 3-17~4~8 =9.400.00 ~ ~ P~..~.. F~«w,. .$sFt~-~_= ~3, ~9ZL_ For vdw r~c~Iwd, 1, vw or ~it6e~ of u~, promis~ to paY, wilho~t def~lptia+, to tM order of fIRST FEDERAL SAVINGS AND IOAN ASSOCIAT~OIi OF FORT PIERCE at Fat PiKa, Fbrida, the wm of = 9}.400.~ with i~t~re~t from date ~t th~ rat~ oi .~Q% p~r an+w~. in monthly Irntalt- menn u followa: ~79 on 1M lst d~y of ~Ve~er 19 71 +nd a lik~ swn on the conespond+n~ day of ~ac~h month tMn- e(ter until tF» whol~ be fully paid. ' Esch insqllm~nt fint sMll be appli~d in paynwnt of tM inter~it ~nd then on ~M unpaid bal~nce oi tM prindpal wm. tf d~uM N msd~ ln th~ payment of any imtaitm~nt wMn dw, u+d s~ech d~fault continuss 30 days, then at the option of tM holder, a~ without any otMr nolke, sll tFw r~rtuinin~ installrtwnt~ sMll b~ dw and pay~bl~ N ax~. Privilay~ is yiw~+ to pr~pay this not~ in whok or in patt at ~ny time without ptn+lty. PhitFwr fonb~ar~nt~. F nor ~cc~pt~~cs by th~ hold~? t1+Kwf after any defavlt in ~nY payments Mreon, shall be d~emed extensioe?. A ~ate p+yment char9~ of i~• sh~l) b~ added ro each irqtallment remaininp unpaid 7 dap ~fhr i» dw da~~. ~nd a like sum shall k» added ro ~~ch such instdlma~t rem~ininp unpald 7 day~ ~ft~r e~ch atKC~dinp paymenf dat~. . Each m+ke?. iur~~y snd ~ndors~r I+K~of, jointly and tewrdly, waiws d~ma~d. p~~smument protest end notiu of potest for nonpayms~t, ~nd fwtMr sgrees ?o ~~y ~ateniion of fim~ of payment, qit}+e~ bsfw~ w ahM maturity, without notKe to s~y of us; and ro pay all cosh of collection, t~clud7rq a reasonabl~ ~ttwney i fe~ in tM ~vent of any d~fauh htr~under, and Mrtby severally wsiva +11 benefit of homestead ud exemptio~ undet th~ comtit~tioo and laws of each Sate of IF+e U~ite~ St~tes, ss ~yainst this oblga~an a ~ny ~xt~niion w renew+l herwf. ~ Witn~ss tF?e h+nd snd stal of e+tF? pa~h/. s~towa sd R . Brown ~ csEnU s rba ra C. Bsc~wics ~ . ~ ~ $14.10 ~ sut~ Rw«wK 9,400.00 NpW, 1HEREFORE. tM 1NORTGAGOR for tM purpo~e of secwing paym~nt of ~aid sw~+ oi f +^d ~ P~~^+^u of ~ rnv~e~anM and ~pnemanb h~?ein~fMr e:preued. ~nd fw ~vers pood u~d wlwbl~ ca?sider~tions. bY tl~ presents, do~s ~am, b~ry~in, sell. r~mise. releast. tonwp tnd aonfirn? u~uo fh~ MORTGAGEE, its wtc~sson and assipns, ~II tMt prtain lo~. Pieu or pudl of land, iAwt~. tYinp, and beinp in the ~~ry ~ St • tdiC ~e , ~nd Su» of Florid+, dacrib~d u fdlows: Lot '7, Block 1 of Lil~ 9ubdivis3~on, as r~ozded 3u Plat Book 9, at Pa9e 73, of the Public Records of St. Lucie County, Rlorida~? ~ , ~ _ d ' ~a~ ~Kr~ns~e~ f i W • t~iAPfER 207M. ACTS Of 19q. STA7F.~~ F~O~~U/~ ~ soc= ~ ~ 2 D~CUI~F~I o" STAMP T~~ ~s A~rtt tot DANIEL Kartulf tb~rt o ~ Str2~71 - Siis.-k 1R ~ ~ ' ~ = Cour.tp Tu Collector ~ t~ ~ _ an M ecrtaic. ~ Bp <t P.B~~n~~t , toyetiw with all and ~inpular th~ b~~ti. henditam~n» snd +ppurt~nas Mwnunto bdonpinp a fn ~nywbt +PPe~tainin0 tMrMO. ~nd all nMS. Nt~~. woced~ and profits +ocruinp and to +c~?w fran said psmiws, all of rvhkh ~n Yxhid~d in th~ abov~ and iwpoinp dNCription and h~b~ndurn. TO W1VE ANO TO HOLO the abow dwtrib~d and 9rant~d p«ni~es uMO th~ said MORTGAGEE, ks arotason ~nd ~s~ipns fonvK. And 1h~ sald N?ORTGAGOR fa t21ei! ~;n, •xecuton. ~dminatr.tora and assipro, Iwr~by cav~nann with th~ s~id MORtGAGEE. Ns woa~wn and +stiprr. rhaf th~l ~ Z! lawfuty s~:z~d d th~ wid pr~ in f~s sznpl~r that tM s~ an i~N, dw ~nd dbcharp~d han dl liur and ~ncuw ~ br+nces in law o~ b~quitY, and tha~ ~v_ will ~nd ~eiZ irin aMll wa?a~M ~nd dti«+d t1w ti11t b tM san~ to th~ sdd ~ MORTGAGEE. its wcc~aw~ and a~sipns, forwK apsfnat tM Iawful dairm and drmsrd~ of dl p~naaj • z PROVIDEO. A1WAY3 thst N th~ MORTCsAGOit ~hall pry uMO the MORTCsAGEE IM pranis~wr ~wt~ Mrtinb~foh d~crib~d nid sMll tndl?. P~^PNY ~ •nd fvlh p~iorm. ~w• •x.cv~., canpM+•. canP~Y wirh .nd .b~d. by ud, «d w«y N+. sttp~l.~io.w +o~~^M• aondi~iorr .nd corw+.n+s of s«d ~ p.«niiso~y na~ M+d of ~his M«q+p~, tMn tha Matpp~ a+d th~ Ea~t~ h~reby uwad ~Q aaM and b~ rwll ~nd void. ~ 1T IS IiNDERSTOOD thN th~ word "Mort9apo?" whetMr in t!w sinpvlat or piw~l ~nywMn h this Morpa~e, ~t~+tl bt sinpvln if one onh? and ahall b~ plwal pimlp and w+rM~lly if nwr~ N~+ on~, and that tM word "tM'a" as uwd anywMn in lhis A~lorpp~ ~ll b~ takan w nww~ '7~," ''hrr~," ~ or "in." wiww~r th~ caro~xt w impli~s a adn+its. AIw, that wFwh+rN then k a?ef..«+ca in rhe oawn.nn and .pr..m.nn M..in aaaairwd ~o an~r of rh. p.r~i~s h.r.~o. Nr wn~ ~h+11 b. own~n,.d ro nKan as w.ll aa th~ hein. Ipsl npraMU~tMs. wco.sson a+d ssspns (~i~hw v~oiwgwy b~r sd of th~ puti~s w Mvofunt~rl/ b~r opa~tion d tM law) of tM w~w and- that tM covNwtb h~rtin oom~«»d ~11 bind and th~ b«r1iM and adv~Mapu inw~ ro tM rMp~ctiw 1?~in. I~p~l r~pr~nt~tiws wcussas ~nd aaq~s of th~ p~rtin MrNa Md s~Id Mo.rgqa~, fa tFNreu~lr~s ~nd tlwk h~in. I~yd npr~r?ativea, nrconwn and asipra, he?~bf? iointFp and Nwr~lly cov~e» a++d prN ~ ro u~d wNh tM wid MOR1G/?~EE, in wcaawrs and ssaip+»: 1. To phr ~11 ~nd sinpular eM pri~+cipal ~nd imKeq ~nd tM vriow and wndry uwm d nw~wy p+y~ b1r vbtw of wid prawissar noh. snd fNs n?ortpp~. Ncb a~d er~y. P~a~WN on th~ d~Ys ~~~wuiwlp th~ sanr s~wrsllr b~oom~ dw. To p+p ~N ~nd ~inpvlat IM t~:~a. Ms~wn«?ta. Iwiy. IiabNitiN, obiip~tioey and Nrcvmbnnc~ d twry nshKa ~nd kind rww on Nid dMVib~d P?op~rtY• a thn haNfta eMy b~ MepoMA, wffK~4 P~+pd. Mvi~d, a~wwd thN~oA, o? thN I~fNr ~nay bt bvi~d or auswd upaw 1Ns AAonP aqe. o? th~ Mid~bqdnps t~cvr~A Iwnby. ~fi ~nd w~ry, wMn dw and payablt aooordino b law, b~fan tl+ey b~co~nt d+llnquwM. ±ed bdoh a~1? bM~ew sn~cl+M w+~ryr W^dh b irKwr~d: ANO INSOFAR AS ANY THE~EOF IS OF RECOR~ TMIE SAME SF4All ~E ~RO1WTtY SATISFIEO 11N0 CfSCMARGED OF RECORD AND TME ORIGINAI OffK1Al DOCUMENT (StKM AS, FOR INSTA?iCE. THE ?AX RECEI~T OR TF4E SATISiACT10N ?AIER OFFKIAl1Y EtrDORSED OR CERTIflEO) SMAII ~E ilAtEO IN THE MANOS OF SAIC MORTGAGEE WIIHIN TEN DAVS NEXT AfTER ?AYMfNis and in tM ~vwM IhM an~/ Mwof M not p~id, aN'sfi~d w+d diuhrp~d ~+:d MORTGAGEE may ~t ~ny tin+e p~y tM wn~ a u+y pat ~Iweo( wiN~ovt waivinp or afl~ctinp ~np q~~oe. ~i~+. pui+p a •qM w+d~r o? by vktw of Mw~ mwtpa~ u~d tlr full Mnow+t of e~ch ~nd ~wry wd? p+yn+Mt sMll b~ im~wd'u?~1y dw u+d p~yabl~ N+d ~M11 bw iM~at ~.aw ~M d~ thMwi vn~il p~id N wN ol n~ne p~. u~turn pa ~mw~* a++d ~op~~h~ ~~ri, taMt ~haN~b~ wcw~d by fM IiM? oi<th:s mw~taq~. do~K ~~E2'149 • r: _ : ~ ~ _ ~k : a