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HomeMy WebLinkAbout0070 G~ 235O19 THIS INDENTURE. Made the ~ st' day of A~u9t A.D. 19~ between . Dona2d M~ B~baker and P~vlli~ J. Brubaker. his ~rife of S,t:~ T.ur_ig Covnty Flor;ds, here~nafter dei~9nated as the "MORIGAGOR," and FIRST FEDERAL SAVINGS AND IOAN AS50CIATION Of FORi PIERCE, a corporet~on wgani:ed and existing under the laws of the United St~t~s of America snd having iti principai ptace of busines~ in the City of Fwt Piercs, St. L~cie County, ftorid~, Ixreinafter designated a~ ths "MORiGAGEE." WHEREAS ihe MORTGAGOR is iustly indebted fo the MORTGAGEE in the sum of i •2~~ g~od and lawful mo~ey of the Un;ted S~ates advanced by the MORTGAGEE un~o ~he MORTGAGOR, as evidrnced by a«rtain promissory note of even date he~ewith, of wh~ch the follow~ng in ~ words and figures is a true copy, to-wit: ~ s-17.~200.00 r,,o ~,,18,630 Fo?t Pierce, Flwida. A~iU3t ~ 19~ For value ?~eived, 1, we w either oi us, promiss to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AidD IOAN ASSOCIATION OF ; FORi PIERCE at Fwt Pierce, Flwida, the sum oi s_ ~~;2~•~ w~th ~nte~es~ from date at fhe rate of ~°o pe~ annum, in mon~hly inatall- neents as fo~!ows: S---aJ~a~_ on the 1a4~_ day of J~~~ 19~_ and a like sum on the corresponding day of each month there- ~ after uNil the whole be fully paid. Each installment iint shall be appGed in paymant of the inrerest and !hen on 1he unpa~d balance of the princ'pal sum. (f d ault is made in the F ayment of any instailment when due, a~d wch defauh cominues 30 days, theo at the option of the ho~der, and without any other not~ee, all the remaining ~ ~~~stallments shail be due and payable at once. Privilege is given to prepay thia note in whote or i~ part af any ti~ne wirhovt penalty. Neifh~r ~orebeara~ce, ' nor acceptance by the holder thereof after any defautt i~ any paymenis hereon, shall be deemed e:tension. A late payment charge of S_s~--. shall be , added to each installment remaining unpa~d 7 days after its due date, and a tike sum shall tx added to each such installment remaining unpaid 7 days after ~ each sutceeding payment date. ' Each maker, surety and endarser hereof, jointly and severatly, waives demand, presentment protest artd no?ice of protesf fpr nonpayment, and further agrees to any extenseon of time of payment, e+ther before or a(ter maturit~, without noGce ro any ot us; and to pay all costs of collection, indud:ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of 4wmestead and ezemption under fhe constitufiorf ~ a~~d lawa of each State of ~he U~ited States, as aga~nst this obligation w any extension o? renewal hereof. Witness fhe hand and seal of each pa»y. ~ s/ Donald M. Brubaker (SEAI) (SEAI) 3~ P~,11.19 J. BY'11b3~S@I' (SEAtI ~ \ ~P j.80 i EAL ) Stafe Qevenue i St~w sa~eJlsri ~ ac+6+n+L oaiel t~tOW, THEREFORE, the MURTGAGOR for the purpose of securing payment of said surr~of s 17~2~.~ , and the pe?fwmarrce oi the covenants and agrcemer.ri hereinafter expreased, and iw divers good and valvable considerations, by these presents, dxs grant, bargain, sell, remiae, releese, convey and confirm unto the MORiGAGEE, its successors and assigns, all that crrtain lof, piece or parcel of land, situate, lying, and being in the County of .St. j+11C1@ , and State of Florida, dexribed ~s follows: Lot 28, Block 338, PORT ST. LUCIE, SECTICi~T 25, as per plat thereof on file in Plat Book 13~ Page 32, of the Public Records of St. Lucie County, Florida . , ti~:- , i~j - "f/~;~~. W s-r~~r t~F F ~ o a i u a t: ~~,w~~ t~ ~ DOCUME~lTAo" Sj~+~P TAX ,tiP~ ~~~~~:;~ti7,~ ~ Z _ _ r~un. - . o ' AUG -8'72 Y ~ j ` _ ~ = ,~s~ 2 5 B 0~, r~ . I N V u~~r.~ ctrt~:u[_-.~~.~'- _ Q~t.~ ~c.~~ {~8. N0112 _ Gt v ~ Q'' ,L4 . C1•- rogether with all and singular the tenements, hereditaments and appurtartces thereu~to belonging w in snywise ~pperfaining thereto, and all rents, issues, proceeds snd profits accruing and to accrue from said premius, sll of which are incl;ided in the above a~?d foregoing description and habe~dum. TO HAVE AND TO NOLD the above described and grsnted prem~ses unto the ssid MORTGAGEE, its s~~ccessors and assigns fwever. Md 1M said MORTGAGOR for t~l~--- heirs, executors, administratws and assigr.s, hereby covenants with the said MORiGAGEE, its successors end assigns, that eY a2`~ lawfully se~zed of the said pre~rn~ses in fee simple; that the same are free, clea~ and dixharged irom all liena snd encum- brances in law w in equity, and that__~.~1Qy~L will and thP3r hein sheH warrant and defend the title to tF~e ssme to the said ,MORiGAGEE, i» successors and ass~gns, fo?ever against the lawful claims and demands of all persau; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiasory note hereinbefore deuribed and sh~ll fr~ly, promptly and fully perform, d~scharge, e:ecute, comptete, comply with and abide by esch and evcry the stipufations, sgreements, condirions and covenanfs of said p~om:sso~y note and of this Mortgage, then this AAortgage and the Estate hereby ueated shall cease and be nul~ and void. IT IS UNDFRSTOOD that the wwd "AAortgagor" whether in the singu?ar w plural anywhere in this Mwtgage, sh~ll be singulsr if one only s~d . shall be plural jointly and severally if more t~. jn orte, and that the w«d "t heii ' as used anywhere in this Nlortgsge shall be taken to meen "his; '"heri," c~ "its;' wF~erever the tontext so implies or admits. Also, lhat wherever the~e is s re(erence in the covenants arid agreements Ixrein toNained to any of the parties hereto, the same shall be construed to mean as well si the heirs, legal representatives, successas and assigns (either voluntary by act of the p~rties or involun~ary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respectire heirs, legal repreuntatives, successors and ass'gns of the psrties hereto. And said Mortgagors, fo~ themse~ves and their heirs, legal representatives, successors and assig~s, hereby joi~tly and severally covenant snd ayree ro and with the ssid MORTGAGEE, its successors and assigns: 1. To pay •II and singvlar the principal and inferest and the various snd sundry sums of money psyable by virtue oi said promissory note, snd this mortgage, each and every, p?ompNy on tMe days ?espectively the ssme se~enlly become dve. 2. To psy •11 a~d sirgula~ the bxes, assessments, levies, liabilities, oblgstions and encumbr~nces of every nature and kind now on said desvibed properry, w thst hereafter may be ~mposed, suffered, platcd, levied, w ~uessed fhereon, w that hereafter may be levied p assessed ~pon tha Mortp- age, w tAe indebtedness secured hereby, exb and every, when due and payabte, xcording to law, befae they become delinquent, and before any iMerest arraches or any penalty ~s incurred; ANU INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1E0 ANO OtSCHARGEO Of RECORD AND THE ORIGIf3Al OFFICIAt dOCUMFNT (SUCH A5, fOR INSTANCE, THE TAX RECEI~1 OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is rwt paid, sat'sfied and discharged sa'd MORTGAGEE may at any .time pay the same w any part thereof without waiving or affecting any option, lien, equity w •iqht ~~der or by virtue of this mortgage and the full amount of rach and every such payment shall be immediately due and payable and shali bear interes~ ~rom the date thereo~ until paid at rate of ~ine per centum per annum and together w;th sv te s II be secur~d ~e lien of th:s morglaye. BDIIK~Y~/V ~ ~ j_ . . _s. _~~~I