HomeMy WebLinkAbout1692 . Y/
24th Nove~tb@r ~ ` ' ~~~71~$
THIS INDENTURE. Mad~ the day of A.D. 19 betw~cn
RobQZt R. BrerQton and .Jaaa A. Brereton, his w fe
of St • i.t~ ~@ , Cprnty Florid~, h~re~nsit~? deiyna~ed as the "MORTGAG~R," and fIRST .iEDERAI SAViNGS AND IOAN !
attA[IATION OF FO41 PIERCE, ~ cwpw~f~on w9~ni:ed and existing under the laws of ths Un~ted St~tri of Amcriu ~nd Mvinp in ptincipal pi~c~ of
bw~n~u in th~ City of Fort Pi~rct, St. lucie County, Plorida; her~inahe~ daiqnat~d ~s tM "MORIGAGEE:'
WMEREAS tM MORIGAGOR it justly ir~debtad to 1M MORTGAGEE in the sum of = ~s~~'~ , good and lawtul mw+ey of the Un~ted
~!afes advanced by +he MORTGAGEE unto ths MORTGAGOR, as evic+enced by • ctriain prom~uuy note of even date he~ew~tF, of wh~ch the tollowin~ in
v.ords and ligures is a trus copy, towit: 4-1'~ 671
f 36,, 000.00 _ ,
Fort Pwrc~, Flaida. ~vQabQr Z4 ~ - ~
Fw value ~eccived, 1, we a either of us, prom~se to pay, wi~hout defs!caiion, to the ordc. of FIRST FEDERAI SAYINSGS AND IOAN ASSOCIATION OF ~
FORT P~ERCE at Fat P~erce, Florida, the sum of S 361~~•~ w;th interest irom date at tl~e rste of ~'~~'o per aon~m, in monthly install- ~
-rms as fotlows: S 272'~ on ~he 1St d~y of ~rch ~9 ~l snd a likc :um o~ the correspw~d~ng day of esch mon1F therr f
...,t:: :he whole be funy pa~d.
E~ch instattn+~nt first shatl b~ applied in paymertt of tha iNeres! and then on the unpaid balance of the princ:pal sum. If d ault is mads in the
~ ~~,.~ro~ o~ ,:.-,y :.:sc.7:.-,:c: t::~~ a~~e, and such defa~lt conrinues 30 days, then at the option of the hO~der, and w~thout any other notke, all tFx rem~ining
~~s~ai:mentt shall be due and payab'e at once. Privile~e is given to prcpay this note in whole or in part at any r:me witiw~t pcnalty. Nsifhcr faebeannte, ~
nor ucep~ance by the hoide~ thcreof afte? any defautt in any payments herew~, shall be deemed e~fe~s;on. A late payment charge of : 13 •~shall bs
>i~ed to each inst~llment remaini~p unpaid 7 days aftd iri due date, snd a like sum shall be added to each such installment remaining unpaid 7 dsys after
each succeedin9 peyment date.
Esch maket, surety and endwur hereof, jointty and severalty, waives demand, prese~tment proteat a~d notice oi protest for nonpaynKnt, and funher
agrees to any extens~on of t~me of payme~t, e~ther before w afte~ maturity, without not~ce to any of us; and to pay all costa of co~lection, includiny a
,~esonable attorney's fee in the event of any defau:t he?eunder, and hereby severally waives aIl benefit of Fwmestead and exemption under the tonstitutiort
.nd laws of each Srare oF rhe Unired Srates, as against fh;~ obl;gafion a ~ny e~c~ensioo o~ ~enewal hereof.
Witneaa the hand snd uil o! exh pany.
s/ Robert R. Brereton ~AU
;
(5El?t)
~ s/ .Jean A . Brereton ~~U
~ 54.00 ~ st.+. ~
;6rm++p. e.ncsMad~a+ ~o~trt~~ nqeer
NOW, THEREFORE, the MORTGAGOR fw the purpox oi securing payment of said sum or s 36~~~'~ „~nd the performsnce of th~
co+enants and sgreemenrs here~nefter eap.essed, and for d~vers good ar+d wlvable coruide~st;ohs, by thess prese+~ts, does grant, baryain, sell, rem~se,
•e~enu, co++vey and to~firm u~ro the MORiGACsEE, ib fuccessori and augns, sll that certain bL piece or parcel of land, situate, (yirg, and be+np in 1M
~ounty of St. L{yCie .~nd Stat~ of Flwida, dewibed ~s followt:
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Lot 33, Block 40, RIV6R PARK SLBDIVISTON, UNIT 4, as per plat thereof on ~
~
file in Plat Book 11, page 9, Public Records of St. Lucie County, Florida,
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eogerher w~th all and singular the tenemenh, heredit~menri ~nd ap~wrtance: thereunto belon9inp a in anywise ~ppertainir~ thereto, ~nd all rtnri, issuea,
proceed~ and profi» accruirg and to acvue from said premiset, all of which ue included in 1h~ ~bove and forpanq description ~nd !?~be~dum.
TO MAVE AND T~Q ~lD the sbove desvibed and yr~nted premises unto tfk s~id MORTGAGEE, its stxcessws ~~d auigra fwever. Md tl+~ faid
!utORTGAGOR for Ael= he;rs, executors, administrators ~nd auigns, hereby covenanb with the uid MORiGAGEE, iri suctessors u+d ~ssipns,
the are
,har ----Y-- lawfully aeized of the iaid p?emises in fee simple: tMt th~ same ar~ fr~s. ck~r snd dischar~ed from •tl liau ud encwrr
brances i~ law w in equity, and thst Z~y will and t~il hein shatl warrant and defend tht title fo the samt ro tlw ~aid
MORTGAGfE, in successo.s and auigns, forever ~ya~nsr the lawful claims and demands of +11 pertorq;
VROVIDED, A1WAY5 that if the MORTGAGOR shall pay unto tFx MORTGAGEE the promiswry nota her~inlxfor~ described snd shall tr~ly, promptly
and fully perform, d~scharge, execute, compkte, comply with and ab~de by e~ch ~nd every the ttipul~fio.n, sp~eem~nn, conditiom ~nd oovenanb of aid
promissory note snd of rhis Mo.ryape, then this Mwrgage ind the Esfare hereby veated ~F»II uas~ +nd be null and void.
IT IS UNDFRSTOOD tFyt tht wo?d "Mortgapor" whether i~ the singuiar w plurat anywhere in tt~is Mortgsgs, shall be s7rqular if one only ~nd
shall be plural jointly and severally if more iha~ one, and thst the word "the'u" ss used +nywhere in thK AAortqpe sMll be t~icen to mean "hu;' "hen,"
w"in." w~erever the conte~ct w implies w admits. Also, that whnever there is a refe~enc~ in the covenants and ayreerr~ents herein contiuitd to any of i
fne parties hereto, the same ~hsll be construed to mean ss well as rhe hei~i, leyal r~presentalivet, successort and aaiy+u (~ither voluntary by act of th~ ~
part~es or involunt~ry by oper~Ywn of the Iaw) of the same and that the covenants her~in confained shall bind and the benefiq and advanfp~s irwrs
ro the respectire he'us, leQal ~eprruntatives, succestors ud au~9ns of the parties hereto.
Md taid Mwty~gors, fa themselves ~nd their hein, leyal reprexntatives, successws ~nd ~uiyns, hereby joi~Hy ~nd sevaally tovenaM ~nd apr~e '
~o end with rhe sa;d MpRTGAGEE, its succe:sors and aui9ru:
1. To pay all ~nd tirg~fu the principal snd inrerest ~nd ths v~rious ~nd surxlry surm of mw~ey pay~bk by virtve of asid promissory nols, and this
morrpaye, sach ~r~d every, prompfly on the days reipectively the tame severally becane due.
2. to pay aIl ~nd singular the ta~es. ~sseumenn, kvies. I~abil~t"~, obtiq~tam and encvmbrsnte~ of erery nature and 4ind now on said d~scr~ed
p.operry, w that hereahe~ may be ;mposed, wffered, pl~ced, kvied, a ~ss~s~ed thereon, a that F?ere~fier may be lev~ed w usessed uppi thes IMortQ-
afle, w the indebredneu tecwed hereb~, sach and wery, when due ~nd p~y~bfe, sccordir?~ to law, befw~ they becarw deli~quent, and b~fw~ any inserat
arfaches p irlY plMltY is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO TME SAME SHAIt BE PROHIPTLY SATISFIED ANp DISCHARGED Of
RECORD AND THE ORIGlNAI OffIC1A[ DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THF SATISFACTION PAPER pFfltlAllY ENOOR$EO
OR CERTIFIED) SHAII SE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event th~t ~~y thereof i~ not
pa~d, sat'sficd and dixharged sa:d MORiGAGEE may at any time psy Me same w sny part thereof without w~iviny or sfieainp ~ny option, tiM, equity or
•~9hr under w by v~rtue of ehis mongage and the full amount of each •nd every such payment shall be immediately due and payable~ ~nd shall bea~ interest
~~om the date thereof until pa~d at rate of n~ne per cent~m per annum and t erher ~~rN ~ esr shsll be secured b the lien of th:s mor9tspe. ~
~ s'~R~ rA~E ~.b90 Y
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