HomeMy WebLinkAbout1263 2:3~3183
THIS INDENTURE, M~de the 12th ~ day of Septetuber A.D. 19 72 between
Harold Brown and Deanna C. Brown~ hi~ wife
of - St • I.UC2@ ~ C~nry Norlda. MereinaftN designa?ed as lhe."MOk~1p AGOR" ~sl~~ fIRSR FEDERAL SAVINGS AND LOAN
ASSOCIqTION OF fQRT PIERCE, a torporation organized and existing unde~ the laws of tFM Uniteii'Statw o~ Arnerica ar?d having its principal pl~ce of
business in ths City of Fort Pierce, St. lucie County, Flwida, hereinaher designated aa the "MORTGAGEf."
WH~REAS the MORiGAGOR is justly indeb~ed to the M~RTGAGEE in the sum of : 65~~~•~ ~ood and lawful money ot the Un+ted
States advanced by the MORTGAGEE unto Ihe MORTGAGOR, as evidenced by a certa~n promissory note of even ~ate ~erewith, of wh~ch the foltowing in
words and figures is a trva copy, to-wit:
= b5,000.00 . ~ 1001881"7
iort Pie~ce, Florida, September 12 ~y 72
For value received, we a either of us. prom~se to pay, wifhoul defalcat~on, to ~he order of FIRST FEDERAL SAVINGS AND LOAN ASSQCIATION OF
FORI ?IERCE at Fwt Pierce, Florida, the :um of S 653~~•~~ w;th interest from date at the rate of 7• 5;; per annum, in monthly install-
ments as fo!!ows: S 524.~ ISt day of November ,~p 7c~. and s like sum o~ the correspond~~ day uf each month ther~-
afler until the whole be fully paid_
Each installment first shall be applied in paymenf of the interest and then on the unpaid balance of the princ~pal sum. Ii d ault is made i~ the
He~~nent of any installment when due, and sucF~ defau~t continues 30 days, lhen at the option of the holde~, and without any other notice, all the remaining
~nstallments ihall be due and payable at once. Privilege is given to prepay this note in whote or in part at any time w~thout pe~alty. Neither forebearance,
nor acceptance by the holder ihereoi after any default in any payments hereon, shall be deemed extension. A Iate payment charge of S- 26• 2~, shall be
added to each installment remaining u~paid 7 days after its due date, and a like :um shall be added to each such installme~t remaining unpaid 7 days after
each succeeding payment date.
Each make?, surety and endorser hereof, jointly and sevecally, waives dema~d, presentment protest and notice oi protest for nonpaymenf, and further
agrees fo any extension ot t~me of payment, eithe~ before or after maturity, without notice to any of us; and to pay all costs of collection, inttuding a
reasonable attorney's fee in the evenl of any default hereunder, and hereby severally waives aIl benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this obligation w any extension or rer~ewa! hereof.
Witness the hand and seal of each party.
(SEAI)
s Ha ro 1 d F. B rown (SEAI)
(Senq
s Dea nna C. Brown ~~y
l $9? • 50 J State Revenue
(Stamps cancelled on original oote)
NO'JV, THEREFORE, the MORTGAGOR fw the ur 6 S OOO OO
p pox of sccuring payment of sa~d sum of S ~ • , and the performar~ce of the
covenants and agreements here~nafter expressed, and fw divcrs good and valuabte considerations, by these presents, does grant, ba~gaen, sell, rem;se,
rzlease, convey and confirm unto the MORTGAGEE, its successors and auigns, all that cenain lot, piece w parcel of land, iituate, lying, and being in the
County of St. LllCle and State of Flwida, dewibed ss follov~n:
~11 that part of t,ot 2 of J. P. HEER6(AN'S SUBDIVISION, lying East of Florida
East Coast Railway, ex~cepting therefrom right of way for Indian River Drive,
and also excepting the following described property, to-wit; Beginning at
the intersection of North line of I.ot 2, J. P. HEERMAN'S SUBDIVISION, and
East right of way of Florida East Coast Railway, run East along said North
line of I.ot 2, 783.95 feet, more or less, to the shore of Indian River, thence
Southeasterly along the shore of Indian River 101.0 feet, thence West parallel
with the North line of said Lot 2, 788 feet, more or less, to the East right
of way of Florida East Coast Railway, thence Northwesterly along said East right
of way 99.13 feet to the point of beginning, as per Plat Book 1, page 2Q3,
of the public records of St. Lucie County, Floriaa,~
~ ATE oF ~l..OF-? I D A~ s~~vfc -3p, ~~H ~+?nwErrr a
o= o OOCtiMENTAR1f~
~,......~.STAMP TA~ ~
DEPT.Of REIIENUE ` ~ ~ ~ ~ .C? ~Nj~('il8tf PfR~~ ~ ~
NCTS Oi ly~i.
o-'.l. ~~:i ~c T2 ~ 9 T 5 O, PUAStWiT TO CHAPIER 71-
~S U
o= e~~o2 I tlfRK Clli(~l~ CWst~ST. WC~E C0~ F~ .
ro9ether with all snd aingular the tenements, hereditaments and appurtances thereu~to befcxtiging or in anywise appe?taining thereto, and ~II renri, iuues,
p.oceeds and p~ofits acuu;nq and to accrue from said premises, all of which are included in the above and fwe~oiny descriptw~ and habend~m.
TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its sutcessors and suigns forever. And tha said
MORTGAGOR for thelr ~;rs, execvtors, adminisnators and assi9ns, hereby cmrcnsMi witF? the said MORTGAGEE, its successws and assi~ro,
the a re Iawfut: x~:~d ot ~h~ sa~d
*hat - Y------- y premises in fee simple; that the same are free, clear and discharged from sl( liens and encum-
6rarres in law or in uity, and that they W~~~ a~ t hei r ir sh 1 rr nt f
~q he s s I wa a and de end the title ro the same to the said
MORTGAGEE, ita successo.s and assigns, fwever sgainat the lawlul claims and demands of sIl persons;
PROVIDED, ALWAYS that if flx MORTGAGOR shall pay unto the MORTGAGEf the promissory nots hereinbefae dewibed and shall truly, promptly
and fully perfwm, d~xhsrge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions a~d covensnts of iaid
promisswy note and of this Mortgsge, then this Mortgage a~d the 6tate hereby uealed shal! cease snd be null and void.
IT IS UNDERSTOOD thaf the wwd "Mwtgaga" whether in tl~e singulsr or plural anywhere in this Mortgsge, shall be singular if one only a~d
shall be plural jointly and severally if more than one, and that the wwd "ihe~r" as vsed a~ywhere in this Mwtgage shall be taken to mean "his;' "hen;'
or "its;' wherever the contezt so implies w admits. Also, that wherever there is a reference in the covenanb artd agreements herein contained to any of
fhe perties hereto, the same shall be construed to mean as well as the heirs, legsl reprexntstives, iuccesson and assgns (either volu~tary by ~cf of tM
parties or involuntary by operation of the law) of the same and that the covensnts herein contained shall bind and the benefits •nd advant~ges invrt
to the respective heirs, legal representatives, ~uccessors and ass'g~s of tbe parties hereto.
And iaid Moa?gsgws, fw themxlves and their heirs, legsl representatives, successwt snd assgns, hereby jantly and severally covensnt and aflree
to a~d with the said MORTGAGEE, its s~ccessas and assigns:
1. 1o psy all and singular the prirxipal and interest and the various and sundry svms of money payabte by virtue of said promissory note, and this
mortgsge, each and every, p~omptly on rhe days ~e~pedivrly the same severally become dve.
2. To pay all and sirgular the taxes, sssessments, levies, liabilities, oblgstions and er?cumbrances of every nat~re and kind now on taid described
, property, or that hereaffer may be imposed, suffered, plxed, kvied, or auessed thereon, w thaf hereafter may be levied q~ssessed upon fhis Mat¢
age, or the indebtedness secured hereby, euh anA every, when due and payable, xcardiny to law, before tF~ey become delinqueM, and before any interest
attaches or any penalty is incurred; ANO INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPitY SATISFIEO AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICtAI DOCUMENT (SUCM AS, FOR INSTANCE, TKE 1AX RECEtPT OR THE SATISFACTIOM PAPfR OFFIClALIY ENOORSEO
OR CfR7lFIfD) SHALL BE PLACEp IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
paid, saYSfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thereof witFw~t waiving or affecting any option, lien, equity or
~~C`,t under or by virtue of this mortgage and the fuN amount of each and every such payment sF~all be immediately due and payable and sha~l bear interes~
hom the date thereof unt~l pa~d at rate of nine per centum pe~ annum and together w~th such interest shall be secured by the lie~ of th:s morgtsqe.
f~~+fcK ~U~ -'~1~ r ~ ~tl+l
Y~" _ ~~z.~.~r~~ - - - ~ ~
_ . ~ _