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Home My WebLink About1994 221836 TNIS INpENTURE. Mad~ the 24th d~y of ~C~ber A.D. 19 71 brtween Noraan Braa~son and Dorothy B. Brasson, his wift, of St• LuCi~ County Florida, hereinafter designated a~ ths "MORTGAC3~jR;' and FIRST FEOERAt SAVINC;S AND •IOAN ASSOCIATION OF fORT PIERCE, a co~pw~t+on pya~i:sd ~nd eaisfiny under the laws of ~he Un~ted Sut~s of Ameriu and Mvir+p iri p?incipal plac~ of busin~u in th~ City of Fwt Pi~.c~, St. lucie County, fbrida, hertin~ftt~ desiynared as tt» "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indebted 10 1F» MORTGAGEE in the sum of S 16 ~ 3~~ ~Q , good and iawful mo~ey of the Un~ted Srates ad.anccd by the MORTGAGfE unto th~ MORTGAGOR, as endenced by a cene+n p~om~uwy note oi even date herew~th, of wh~ch the foilowinp in wordf and f~gurti ii ~ true copY. towit: s 16,300.0p r,~, 3-17,779 fort PiKC~. Florids. ~C~lY ~ ~ ~q '~l fa value rece~vcd, I, we or either of us, prom~se to pay, w~thout defatcat~o~, to the orde~ oi FIRST FEOERAL SAVINGS AND LOAtV ASSOCIATION OF 16 300 00 ~ FORT PIERCE at Fort P~erce, Fb~ida, the sum ot S-_-L__ • with interest from date at the rate of? ~ 75.'o per ennum, in monthly install- -~ems as fot?ows: S 1~~~ on the i~t day uf FQbruaxy 19 72 a like wm an the corre~pond~rg day of each momh thcre- after umil thc who:e be fully paid. ; Each i~stallment first shall be applied in payment of the interest and then on the ~npa~d balance of the pri~c~pal sum, tf d ault is made in the fayment of any instaltment M,hen dur, and such detauh continues 30 days, the~ at the opti~n of the hoider, and w;~hout any other notice, all tFK rcmainin9 ~ :~~stallments shail be due and payable at once. Privilege is givrn to prepay thii nofe in whole or in part at any time without pena~ty, Neither (wcbearance, : ~or acceptante by the holder thereaf after any defauh in any payme~ts hereon, shall be deemed extension. A ~ate payment charge of s_ b' 7O , shs11 be added to each insta~Iment remain;ng unpa~d 7 days after its due date, and • I~ke sum shatt be added ro each such insraflmem ~ema;ninq unpaid 7 days ifter : each sucteeding payment date. Each maker, surety and endwse~ hereoi, jo~roly a~d severally, wa~ves demand, presentmen~ protest and notice o4 protest for ~o~paymenf, and funher agrees to any ex~ens~on of t~me of paym~nt, either before or after maturity, withouf nohce fo any of us: and to pay ail costs of co~lection, includ+n9 • reasonable atrorney's fer in the event of a~y defauh hereunder, snd Fureby severally waives all benefit of homestead and exemption under the cautitution ~ e~~d laws of each State of the United States, as against ~his obtigation o~ any eatension d renewa~ hereof. ~ W~~ness the hand snd xal of each party. ~ s Norsan aras o t~Au LNL4Y~/~i/l. (SEAI) 5! Do~afi~i B. Bg~ss~a ~~i~ ~ ~24.45 ~ Sra+e Reveeue ~U iL/au~ rwNNei ~wyiri.rrr) " NOW, THfREFORE, the MORTGAGOR fo. thc purpose of secur~ng psyment of said sum of = 16,300.00 ~nd the performance of tM covenanri ~nd ~greements hereinafter expretsed, and for divers good and valuable considerat~ons, by these preaents, does g~ant, ba:gai~, utl, rem~se, ~elease, cu~vey +nd conf~rm unto the MORiGAGEE, in successo.s and ~u~gns, all that certain lot, piece or parce! of land, i+tuate, ~ying, and be;~g in ths County oi St ~ Lt1C~~ ~ and $tate of Flwida, described ~s follov.s: Apartaent B-I-201 of ~IANNADBS OpNDOMINIUMS N0. 3, a condo~iniwa, accordiny to tht Declaration of Cor~doainiua reco=ded in O. R. Book 193, Page 2596, and re- recoYded in O. R. 8~ook 195, Page I655. of the Public Records of St. Lucie County, F2orida, T~OGB?H&R WITH a11 of ita appurt~nances accordiny to said Declaration, ~ ~ i ~ S i A-1 ~ ~ ~ t-- L U ! ? 1 ' R~~o ~ ~ ~ ~ • ~nc ~ Z L~C:!:~c.:1i'AG~':~-£,~~::~ 7; ~C PNF~~~` ~8 PAl'MpyT ~ i ' - _ ~~M1t 1~ LE P£Ry~N F AXES ~ o _ ~kNiCn - - l~cte ~~•~3~. Acrs '~t vR~3?~4rr, ~ ~ ,~24~5_ ~ a..k c;,n„~ N tEu:!.~i Pft~Ab{ ~ P.J. 1lO1 {2 ~-..a../`~«~' _ _ _ ~ ~ 1~ Cq ~t. i together with all and singular the tenements, hercditaments and •ppurtances therevnto belonging w in snywise appertsining therero, and all ~~nty, is~ues, proceeds and prof~ts acuuing snd to acave irom ssid premises. of which ue "rncluded in the ibove and fo~eyang desciiption and F»bendum. TO HAVE AND TO HOLD the abov~ described and gnnted premisss unro t!» ~id MORTGAGEE, iri successors and auigns forever. Md tht saW MORTGAGOR for - t~eir heir~, exccutws, administrators ~nd assigns, hereby covenanta with ti~e a~id MORTGAGEE, its succesion snd assipro, rhat thev d!g__ I~wfull se7zed of ths taid Y p?ern~ses fee simple; that the ~ame are fr~a, clear s~d dixharged from •II liens u~d tncvm. brancss i~ law or in eqvity, ~nd that they W~~~ ttl@~! heirs shalt w~rrant ~nd deiend the title to the tarn~ to tM wid MORiGAGEE, itt iucteasas and assiyro, foreve~ ~y~init the lawful ~(aims and demands of ~li perwro; PROVIDED, AIWAYS that if fhe MORiGAGOR shail p~y unto the MORTGAGfE the promisswy nore herefnbefore described ind s1»A hvly, promP~~Y and fuNy perform, dixMrge, execute, compttte, comply with and ahide by each and every tM stipulatiww, a9reements, co~ditioM snd tove+unh of said prom~ssory note ~nd oi this Mortgape, thsn this Mat9ye and the Est~te hereby veated shsll uase and be null and wid. IT IS UNDERSTOOp that the word °Matyayw" whether in the •ingutar a piural anywher~ in lhis Mortqaye, sh~ll be sinpular if on~ only and shall be plur~l jointly ~nd s~ver~liy if more than one, and that the word "their" ~s used ~nywhere in this Mwtya9e sMll be taken to mean "hii•• ••hers,•• or "its;' wfiHCrer the conteat so implies w admits. Also, that wFxrever there is • referenu in the covenants ~nd ~yreements herein contained to ~ny ot rhe puties hercto, the ~ame ~hatl b~ construed to mea~ as wel! a~ the heirs, kgal ~~preseMatives, succesion and assiqro {either voluntary by ~d of tM panies a involunt~ry by op~r~tion of the law) of the same and that the covenaMS hcrein contained skall bind ~nd the benefitf ~nd ~dvantayts inun to th~ respective hein. Is9d represenratives, succesias and au'9ns of the parties he~eto. Md said N~ortgagors. iw themselvea and their hein, leyal represenratives. sucusson and as~iQns, he?eby jandy and sevnally covenaM •nd ~yree to ~nd with ths ~aid MORTGAGEE, its sucussors and auigns: 1. To pay all and sinpulu th~ pri~cipal and interest and tkt various and wndry sums of money payabls by virtue of said promissory not~, and this mortpape, each and er~?y, promPNY un the days respectiv~ty the same severaiiy becom~ due. 2. to pay •II ~nd sinpvlar the taxes, assessments, kvies, liabilitie~, obl;yations and encvmbrancss of tv~ry na~we and kind naw on ia;d d~scrib~d proptrty, w tMt Froreafte~ may bt impwed. ~vffered, pl~ced. I~vied. or aueued theraon, w that hers~ftN may b~ levied w~uessed upon this Mo?tg~ a9~, a tiK indebt~dr?ess secured hereby. each and svery, when due and paysble, accordinp to (aw, b~fo~e they becan~ delinqwnt, and bffw~ u+y intere~t e»ac~+e~ or any penalty is incuned; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII BE PRON1pilY SATISFIEO AND DISCHARGED OF RECORD ANO THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SA~ISFACiION PAPER OFFICIALLY ENOORSEU OR CERTIFIEd) SHALL Ef P[ACED IN THE HANDS OF SAID MORTGAGff WITHIN TfN DAYS NEXi AiTER PAYMEN~; and in the evtnt th~t any thersof is no1 pa~d, uYsfied and dixhargcd sa:d MORTGAGEE may at any t;me pay •he same w any pan thereof without w~~vin9 or aifect~ng sny option, lien, equ;ty or •~qht ur+der w by virtve of this morry~yt ~r,d the fult sma,nr of e~ch and every such payment shall be immediately due and payabte and shall be~r interesr ~~wn fhe dde fhereof unril paid at r~~c o1 n~ne per ~entum per •n~um and together rytFni ~est ihall be sewred by the lien of th's mor9fape_ l aoox~ PACf ~