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HomeMy WebLinkAbout1376 21'74i~~ b THIS INOENTURE. Msde the 14Zh d~y or _ ~tober a.~. i9 71 , b2twee~ Howard R. B{ovm and Barbara C. Bro~rnL his wife _ of _ St• Z.11C1@ COllflt~_~ ~~~~y Fiorids, he~a~nafte~ deagnated as the "MORIGAGOR." and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ipRT PIERCE, a corpwafion orgar.izcd and exh~~ng undr~ Ihe laws of the U~rted Sta~os of America and havinfl its pr~nupel placs of business in ths tity of Fon Pieres, St. lucie Counry, Ftwida, hereinaiter des~g~ated s• the "MORIGAGEE." WHEREAS the MORTGAGOR is juitly indebted to the MOR~Gf1GEE in the sum oi S_~~2~a~ good ar.d la~fvl money Df thr Un.trd S~ates advanced by ~he M~RiGAGfE unto the MORTGAGOR, as ev~da~~cad by a ce~ie~n prom~ssory note of zre~ date he~ewnh, of ,nh.ch rhe foilow~ng in ..ords and figures is a rrue copy, tow~t: ~1.200.00 No 3-17,512 Fo~t Pierce, F~wida, ~t0~'Y 14+ ~q~~ fw value received, 1, we or eirher of us, prom~se to pay, w~thout defalcanon, to the order of FIRST fEOERA~ SAVIt~`GS AP10 LOAN ASSOC~A110N OF FORT PIERCE at Fort Pierce, Florlda, the sum of 5-1~200~~~ wdh ~ntrrest from daie a~ the rate of _8s~?:, par annum, in mon~hly install- e~~~s as foilows: S~l on the ISt day of ~%Qabef _ 1q72 and a I;ke sum on tFw corresp.^.~d~ng day of each month the~e- e+rer un~it ~he whote be fuNy pa~d. Each ~nstallment fi„st shall be applird in payment of the inrerest and tr,er: cn the unpa:d ba!ance of rhe pr~nc pal sum. If d autt is made in the ; aymero of any inStd~:m2n1 whzn due. and such detaut~ conti~w~a 30 daya, the~ at the op!~on of the hodv, and WI~F10J~ any otner no~~ce, all the remaining :~:s+altments shail be due and payabie at unce. Pnvilege is given to prepay this note in whole or in par~ at any t~me wi~hout penalty. Ne~ther forebearance, no~ acceptanze by the holder ehz~eof after any dafauit ~n any paymems he~eon, shall be deemed ex!ens~un. A!a!e payrnent charge of Sa~__-, ~hall be ~:fded to each instalir.ient remainfng unpa~d 7 days afrer its d~e date, and a Lka sum shail !>e added ro ea.h s~ch insrai;ment remaining unpa~d 7 days after ~ each succeeding payment dare. Each maker, surety a~d endoner hereoF, jointly and se~erally, wa;ves demand, p~esen!ment protest end not~ce ol proteat for nonpayment, and further a3rees to a~y extens~o.+ of time of payment, e,thtr before w after maturity, without nonce ro e~sy ~t ~ and ro pay ati c~srs of co!Iecr;un, inclvd.ng a ~cnonable at!omey'a fee ~n the event of a~y defau:t hereundrr, and hereby severaiiy v~a~yea ali benrft~of homrsr~ad and exeR•pr.on undei the tonstitution ~d laws of eath S~ate of the Unitrd States, as aga,nst this obilgation ot any earens~on or renewal hereof. Yl~tness the hand and xal of each party. s/kawa rd R . QZOI~[1 (SEAI) ` ~ ~ csEnu ~ , s/Barbara C. Browrn (SEAI) ~ l. ~l • 8O J Stste Revenue «A~~ ~ ~ 1 200 ~JO s NOVV, THEREFORE, the MORTGAGOR for fhe purpose of securing payment of sa~d sum of S ~ • , and rhe performence of the ~ covenants and agreements htre~nalter expressed, and fw d~ve~s good snd wlwble tonside+at~or.s, by these preunts, does g~ant, 6a~~a~n, se!~, rem~u, r reiease, tonvey and confirm unto the MORTGAGEE, its successors a~xl ~u~gns, ell that ceriain lot, piece or parcel of land, srt~are, ly~ng, and being in the ~ ~ounry of $t. LIICle and State of Fbrida, dexribed as fo~lows_ ~ r ~ Lot 7, B2ock 1 of LILEM SUBDIVISION, as recozded ih Plat Book 9, at page 73 of the public zecords of St. Lucie Countyf Rlorida, ~ ~ This is a second aortgage, being inferior only to ~ a prior first mortgage fro~ mortgagdrs to mortgagee - dated Septeabez 23, 1971 and recorded in O.R. Book 195, page 2749, Public Records of St. Lucie County, " Flo rida, RFCEIVEp f y ~ W~J ~ Y CL1SS ' A. ~ryRA.Y~tBt_E G~ PA''r±E,yT ~ fF~11f~ - S f A 1~ ~ aF t= L O f-2 I LJA ~ ~o c~ ~07zj E'~. N1! P? ^~tr. _ c~ } . L,., . FOG~R ~ c •~`S ~F 1S:t. OOCUNEi.ITA STA~~1P TaX ~1~=~A-. Cterk Grcu~t ~u~ ~ = ~Ct~3'71 t=~S t~3 _ _ ~ Agent f~? CA~YIEL N. K.~t`OWIES. Jft. N ~ _ ; = w, g O_ St Cucie Ctur.~, Izx Colffctor i r ut~r.o~ ct.tcc? P.B. ~9~ ~ ~ - ~ ,~jl, t , ~ ~ ~K_ i _ together wrth all and singvlar tM tenrmentf, he~editaments ~nd appurtances thereunto belw+ging w in snywite +ppertaining therero, and •II remf, iuuef, - procecds snd prof~ts sccruing and to acc.ue from s+~d prem~ses, all of which are ~ncludcd in the above +nd faegoinq deuription •nd habendum. Tp HAVE ANp TO HOLD the abow deacribed ar.d gnnted prcm~ses unto tFK s~id MORTGAGEE, its iucceatws and assiflns foreva. Md tM said - MORTGAGOR fw ---~-hg~r---- he;rs, eaecutors, edmi~;s~rY.ors end ass~gns, hereby covenants w~th the ia~d MORTGAGfE, iN succe:sws ~~+d auiyes, - ~hat -th~-`~ZQ Iawiull sei:ed of the said . y prem~ses m fce simpie; tha~ tht s~rn~ •re free, ckar and diuM~yed from aU Uens u~d ~ncurt? ~ brances ~n t~w or in eq~~ty, .~d ~h„__ they r,,;~~ their Ae;rt shali warr~nt ind defend the title to the s~rr» to th~ said - MORTGAGEE, its successors ~~d ass~9ns, forever agai~st the lawful ci~,ms •nd demarxis of all pe~sons; PROVICED, AlWAYS fhat if ~he MORTGAGOR sh~ll pay u~ro the MORTGAGEE the prom~uwy nore hersinlxfwe d*scr~bed snd ~haN truly, prompfly ~ ~nd fulty periwm, d~xh~rye. eaetute, complete, tomply with and ab~de by each and every tht friputations, aqreemer~t~, condnioni and co+.enants of s+id - p~om,ssory nor~ and of this Mwtyaye, then fhis Mortyaye and the Estate hereby ue~ted sM11 ce~u and be null •nd void. IT IS UNDERSTOOD tMt the woad "M«typa" whether in the ~~nguiar or plural anywhere in this Mor~yape, ~hall be :insular if one onty and sh~ll be p;ural joinsly and sever~ify if mor* than one, a~d thar the wwd "their" as uud anywt+ere i~ th~s Nbrtyage sfuU be taken to mean "hia,•. •'?~trs," ~ w"its," wherevar the ~w,te~et so implirs w admits. Alw, thst wheiever there it a refesence i~ the covenantti +nd aQreements herein contained to ~ny o/ ' fhe parti~ hereto, the s~rrM shall be cons~~ued to mea~ s~ we!{ •i tbe heiri, le9al r~pre~eroatives, succeswn and ~ssigns (eieher vol~nury by ~ct of ~M parties or inrolunt~ry by opera~w~ oi rhe law} of rhe same and rhar the covenants he.ein conrs~ned sh~ll bind snd rhe benef~h and sd+antage~ inure ~ ro tht r~spective heirs, leflal repreaenrahves, succeasors +nd asa'gns of the p~rr~es hsreto. i = M.d said Mortgagors, fo~ themse~ves ~nd ~heir heirs, legal represenUhvq, succcssws and ~sfyns, hereby pintly and tevcraliy cwen~nt •nd prk _ ro and wi+h tM sa~d MORTGAGEE, its successors ~nd ass~gro: 1. To p~y afl •nd sin~u~~r the principal anii interest and rhe wr~ou~ and wrrdry sums of mpney payabls by nftvt of sa~d prom~aswy nota, and th;s _ mortq~p~, tath •nd w~ry, prompNy on ~Fk days respectrvely tFx s~me kve~itly bec~ dvt. y Y. To pay a11 ~nd singutar the taxea, aasessmsnta, lev~es, 1~abil~r~es, obligatio~ and encumt,rances of every nafu.s •nd k~nd now on ia~d de~crib~d ~ t - F+ropertY, w that 1+~re~tter rnaY b~ ~mposed, wffe~ed. Pt~ced, levied, or ~asessed thereon, w tlut he~ufter rnay be ler;td pr ~ssessed ~pon ~his Mortp- - a9~, a t!k indebeednsu sec~red her~by, esch ~nd ev~ry, when due and payable. accordi~y to law, before tFuy become delinquent, •nd b~fwe any im~refr ' artsches w any pena~ty ~s incu.red; ANO INSUfAR AS ANY TMEREOf IS OF RECORO 1HE SAME SHAtI 6E PROMPiIY SATISF~EO A~U OISCHARGED OF ~ECORO AND 71iE ORiGIP:AI OFFIC7AL DOCUMENT !SUtN A5, fOR INS1Ah'CF. THf TAX RECEIPT t~R THE SAT!$fACT10N PAPER QFitC1ALtY ENDORSED OR CERTIFIEO) SHAII BE 4LACED IN THE HANDS OF SAlp N.ORTGAGEE WITHIN TEN 04Y5 NfXT AF7ER PAYMENi; snd ~n Ihe avtnt that •ny thereof is not - p+~d, s~t s}~ed and d~schuyed sa d MORTGAvEE m~y ae eny t~me p~y ihe same w any part rherco} ,~v~rhour ws~v~ng o~ affecr+nq any opt~on, ~~en, equity or _ •~~hr ~,n~e~ o~ by v~.r~ of th~s mongage snd the full aT•ovnr of each and every •uch pa~mcnt sh~li tx :mmtd~ately d~e and payable and tMlt y~ar interest ~•om rhe d~tt th~reof vn~il pa~d ar rare o? n~ne pe. cemum pe~ ann~m •nd roqerher .v,rh wch ~r.feresr ~Aa11. s~ b•~rf~ f~~s morfltaye. VK 1 - ~ t'f , _ _ - _