Loading...
HomeMy WebLinkAbout0163 /~i VaJIIV V THIS INDENiURE, IN~d~ the ~h day of AL1~U8~ . A.O. 19 72 between Will.iam Tarl Braun and C81'07V11 c~~ng BY'8Ln~ i s £e~ of St. Lucie s ASSOCIATION OF FORT PIERCE. ~ ~pr " Covnfy F?orida, htreinaffq dtsigna?ed as 1Ae "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN f paition org~nized and existing under Ihe laws of ths United Ststot of America and Mving iri principai place of ~ bus~neu in tlw City of Fort Pierce, St. lucis County, Florida, F?ereinafter deiiynated tl?~ " RTGAGEf:' , WHEREAS the MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum of S 2~2~~~ , good and lawful money oi the United Srares advanced by the MORTGAGEE uroo the MORTGAGOR, as evidenced by a:ertam prom~sswy note of even date herewitb, of wh~ch Ihe followinp in words and figures is a true copy, Io-wit; s15.; 200. oo r~_ K_lg,6r~ Fort Pierce, flaida, Aj~t~4t ' ~y~,Q,_ fa value received, 1, we o~ eithei ot us, p.om;+se to pay, without defalca~ion, to the order of FIRST FEOERAL S.AVI.N~~G+~S~ AND IOAN ASSOCIATION OF FORT PIERCE af Fort Pierce, Fbrida, the sum of S 27 ~2~• ~ with interest from date at Ihe rate ot 11..L7;6 per annum, in monlhly inslall- ~~ents as iollows: S 191~00 on the ~$~e- day af - OCt.ObeY' , ~9..~~ and a I~ke sum on the cwresponding day of esch moNh there- ; afrer u~til the whole be ~ully paid, i Each installment first shall be appl~ed in payment of the interest and then on tht unpaid batance of rhe p:inc~pa! sum. If d auit is made in the , rayment of any installment when due, and such defauU tontinues 30 days, fhen st the option of the holder, and without any other notice, all the rem~ioing ~ :~~srallments shall be due a~d payable at once. Privilege is give~ to prepay this note in whote or in part at any time without penaity. Neither forebearance, ~ ~ nor acceptance by the holder thereof after any default in any paymenls hereo~, shatl be deemed extens~on. A tate peymer~t charge of S shall be ~ added to each enstallment remaining unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid ~ dsys after ~ each sutceeding payment date. Each maker, surety and endorur hereof, joiMly and severolly, waives demand, presentmeN protest and notice of protesf tor nonpaymeot, and furfher ; agrees to any extension of t~me of paymenR ei?her before a rfter maturiiy, without notice to any of us; and to pay all costs of collection, includ~ng a ~ reasonabk attorney's fee in the event of any defauN Fxreunde?, and hereby severally waives all benefit of homestead and exemption under the constitutan a~;d Iaws of each Stare of the United States, as against this obligation ot any extension or renewal hereot. Witness the hand and sral of each party. William Earl Braun (SEAI) (SEAL) ~ S Carolyn Jane Braun ~ ( ~ ~~.a g~ ) State Revernre ~ tSrernpresn~eMed~on~rlglnd ~ne~e~ NOW, TNEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of f 2~~200~(~ snd the performance of ths covenantt and sgreements hereinafter expressed, and fw divers 9ood and v~luable considerations, by these presents, does grant, bargain, sell,_~emise, release, convey and confirm unto tAe MORTGAGEE, its successo?• and auigns, all that certai~ lot, piece or parcel of Isnd, situate, lying, and being in 1he County of St p , and Srate of Florida, deulibed ~s follovrs: All of Lot 7 and Lot 8 and the South Z2 feet of Lot 9, together irith the West 5 feet ' of a vacated alley ac~jacent on -the Tast side thereof~ Block 1~ LINCOLN PARK N0. 1, : as per plat thereof on,file in Plat Book 2, Page 5, Public Records of St. Lucie County, ~ Florida~ • ~ ~ w a F . 0~ tP.'~~ . ~ oSoc Ml~~ a ~ F S O R I U x ,~J QA~~t~t ~ ~ Z _ - - _ JG ~ Q~g~~:i'-Q~ ~~i~• ~ ~ = AUG10'72 f'~ . - ~ ~if. p~ZS ~ Q ~ 1. ,~1 ~ F~ N U CEit_bF CEtFA~~E~~ ~M V O= ~ ~/G lc1~i 7J ~~,\E ~ P.B. wo~ ~z _ o;a ~'~':o c:'~' st• p.;E ~~t ~ F" ~R~~ ~ ~~`S~ O~Z ~ : C~'R~ G\ ~i ~v ~ ; ~ rogether with all and singular the tenemenn, Mered~aments and sppurtsnces thereunto belonging'w in anywise spperfaininq thereto, and ~ents, issues, proceedi and profits xouing snd to sccrue from said premises, all of which are incl~cled in the sbove snd foreyoiny destription ~nd habendum. TO HAVE AND TO HOlO the above desuibed and granted premises unto the said MpRTGAGEE, its successors a~d assigru forevtr. And the faid MORTGAGOR fw 1:hai r ~;rs, executors, admioisrrators and assigns, hereby covensnts with the said MORTGAGEE, in wcceuors •~d assges, +hat - '-s-~ a~'- - Iawfully seized of the said prem~ses in fee simple; that the ssme ~re fr~e, ckar ~nd discharged from all liens and encurr~ brances in Iaw a in equity, and thst~ will ~~,a - their heirs shall wsrrant and dafend the tiNe to the same to the sskJ M.ORiGAGEE, its successors arrd auigns, forever sgairut the lawful tlaims aad demands of sll persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unso the MORTGAGEE the promissory note hereinbefore described ~nd shsll truly, promptly and 4ully perfwm, d~uharge, execute, compkte, comply with and abide by each and every the atipulations, agreements, conditions ~nd covenanb of said promiuory note and of this Ntorfgsge, then /his N4ortgage end fhe Es~ate hereby ueated ahall cease snd be null and vo;d. tT t5 UIV~ERSiOOD that the word "Mortgagor" whether in the a~rx~ular or plursl ~nywF?ere in this Mortgage, shsll be singular if o~e only and shall be plural joimly and sever~Ily if more than one, and that the wwd "their" as v~ed ~nywhere in this Morlgage shall be taken to mesn "his;• ••hen,'. or "its;' wherever the context w implies w admits. A~ao, that wherever there is a reference in the covenaats and agreemenn herein tontai~ed to any of rhe parties Fmreto, the same shall be construed to mean ss well as the heirs, legal representativet, succe:son and auigr?s (eithe~ voluntary by sct of the part;es a involuntary by operation of the law) of the same and that the covenants herein contairted sMll bind and the benefits and advsnta~es inur~ ~o the respective heirs, legal represmtatives, sutcessas and ass'gns of fhe psn;es hereto. And said Mortgsgo~s, fw themselves and their heirs, legal represent~tives, wccessws and auigns, hereby joimly and severally covensM snd apree to and with the seid MpRTGAGEE, its succeuws and sugns: 1. To pay all sr+d sinyular the principal and interest and the various and sundry svms of mw~ey payable by virtue of taid promissory note, and thia mortgsge, each ~nd every, promptly on ti~e days respectively the same xrerally become due. 2. To p+y a11 a~d singulx tl?e ts~es, sssessments, levies, liabilitics, obtigstions and encumbrances of every nature s~d kind now on said described property, or that Fxreafte? may be imposed, suffe?ed, placed, levied, w assessed tlxreon, o? that hereafter may be levied p auessed ~pon this Mort¢ age, a the indebtedness secured hereby each and every, wken dve and payable, accadinQ to law, before they become delinquent, ~nd belore amr interest artzches a any penalty is incurred; AND INSOf;.R AS ANY TMEREOf IS Of RKORD THE SAME SHAII BE PROlNPTIY SATISf1ED AYD DISCHARGED OF RECORD AND THE ORIGINAI OfFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATiSFACTION PAPER OFfIC~AtLY ENDORSED . OR CERIlFlEO) SNAII EE DLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event Ihat any the~eof is not f paid, sat'sfied a~d dixharged sa'd MORTGAGEf may st any time pay the same w any part tFxreoi without wsiving or affecting any option, Iien, equity or •~pht under or by virtue of this mortgage and the fult amount of exh and every svch paymeni shaU be immediately. due and paysble and shall bear interest ~.om ?he date thereof until paid at rate of ni~e per cent~m per annum and toget r ~t terest shal cured by the lien of th:s morqta9e. b~3~( ~A'(~ ~ . ~ - - , _ = ~ F ~ ::i ° . = Y