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HomeMy WebLinkAbout1917 , . ~ i ' ` 238623 ~ THIS INUENTURE. M.d. the 20th d,y of September ~p. ~q ~2~ _ James Brown and I.ena Brown, his Nife of St • I+11C i@ Co~nty Florida, h~reinaft~r design+red as the "MORTGAGOR, ~ and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATtON OF FORT PIERCE. a mrpwarion ayanized and ex;a~ing under ~he lav~n of ~he Un~ted St+t~s of Am~rica ~nd h~virg'in pwxipal plac~ of busineu tn ths City of fort Pierc~, S~. lucie County, Florida, hereir?afttr dtsiqnat~d ~s tl+~ "MORTGAGEE." WHEREAS ihe MQRTGAGOR is justiy indebted ro ths MORTGAGEE in ths sum of S 2 3 a 2~ good and Iswful money of the United Sfates advanced by the MORTGAGEf unto ths MORTGAGOR, as evidenced by a certain promiuwy note of even dste her~witb, of which the iollowin~ in wordi and figurei is a true copy, to-wit: S 13~Z~~.~Q ~1~188~ Fwt Pieres, Flaida. September 2~~ 19~_ For value received, 1, we w either of us, prom~u to pay, without defalcation, to the order of fIRST FEOfRA~ SAYIMGS AND IOAN ASSOGATION OP FORT PIERCE at Fat Pierce, Flwida, the sum of S 13 s 2~ w~th interest from date at the rafe of 7• 5 % per annum, in monfhly instalb ,nents as fottowse S 1O7 •0O on t1~e 15t day of January ,~9 73 snd a like sum on the correspond~ng day of each month therr ; after ~ntil the whoSe be fully paid. Each installment first shall be appl~ed in paymenl of the interest and ~hen on the unpaid balance of the princtpal sum. If d sult is m~de i~ the payment of any installment when due, and such default contin~res 3Q days, then at the opt}~ of the holder, snd without any other notice, all the remaining ~nstallmenls shall be due and payabte at once. Privilege is given to prep~y this note in whole or in part at a~y time without penalty. Neither torebearante, nor acceptance by the holder tFxreof after any default in any payments bereon, shall be deemed extensio~. A late paymeM tharge of = S. 35 , shall be ad~ed to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each svch insta!lment r~maining unpaid 7 days ~ftet each sutteeding payrr.ent date. Eath maker, surety and endwur hereof, jointly and severally, waives demsnd, prexntment protest and notice of protest for nonpayment, and funher a rees to an extensiw~ of time of a ment, eithe. before a aftcr matur~t , without not~ce to an of us; and to = 9 Y P Y y y pay aIl costs of collection, ir~clud;nQ s ~easonabk aftorney's fee in the event of any default hereunde~, and hereby severally waives alt benefit of homestead and exemptio~ under the constifution { and ~aws of each State of the United Srates, as against this obligatio~ w any extension w r~newal hereof. ~ Witness the hand and seal of exh psrty. S/Jame s B i OMI1 ~AU cs~?t) S/Lena Brown ~,U ( $ ~ 9 • 8O ) State Revenue ~U { 16 13 200 00 ~ IVOW, THEREFORE, the MORTGAGOR fw the pu~pose of securing payment of said sum of S ~ • , and the perfomunce of 1M covenants snd agreementi hereinafter expressed, and fw d~vers good and va~usble considerations, by these presents, doe~ gnnt, bar9ain, sell, remise, release, convey and tonfirm unto the MORiGAGfE, its sutcessors and ~uigns, ail thaf certain lot, piep p parcel o! land, situats, lying, and being in Ihs ~ovny of St. Lucie and State of Florida, deac~3bed u follows: j r i Lot 11, Block •L'~ ALAMt3NDA VISTA SUBDIVISION, as per plat f thereof on f ile in Plat Book S, Page 49, recorded in the ; J : public records of St. Lucie County, Florida: t ~ _ ' ~ ~ H. OF FLORIiJA~ ~ STAYE ..a. StAMP ~ A } ; ~ DOtUMENTp?RY . ; f:=' 19. g 01 ' N OfPT.OF REr~NUE ~ ~r ~ ~tF7:. ZZ } i • t 3 o p~ ~ - . ~ ~ 11102 O ~ ~ ~ IN PIKiAENT OF TAXp a!E ON Cl11SS'C INTM61elE PER901NL PI~E~Iy. : Nl~SIlANT ~0 ClI~P~ER 71•134. ACiS OF 19/l. ,~jf ~ ~6FJt tOIiRAS ~ ; I~EeK dM~11f ~Tr ST. LUCIL 00~ ~ ~ ; } rogeth~r with all and singuls. the tenements, herediqments and sppurtances thereunto belonginp or in anywiie ~ppertainirg thereto, and all rents, issues, protOeds and profits +ccruing snd to aarue from said premises, all of which sre included in the above ar+d faeyoing desviption ~nd habendum. ~ TO HAVE ANO TO F10tD the above desaibed and granted premises unto ths said MORTGAGEE, itt s~ccessas snd ~uiyra fOflYN. A11d fIN uid i MORTGAGOR for ---~he lr heirs executors, administrators ~nd auigna, hereby toven~nri with the said MORTGAGEE, iri suctessws and ~uipns, ~ +har they_ ~rQ , ~~wfully se~zed of the wid prem7ses in fee simple; th~t the ame ue free, cle~r ~nd discMrged from sll lians ~nd ~ncum~ i brarxes in law or in equity, and that they W~~~ their hein th~ll w~rrant and defer+d the title to the sam~ to t!w s~id MORTGAGEE, ita successors and ~ssigns, forever against the lawful claims and demands of stl persorq; PROVI~ED, ALWAYS thst if the MORTGAGOR sFwll p~y ~nto the AAORTGACaEE ihe promissay rate he?einbefore desaibed ~nd shal! 1?uly, piompfly and l~Ily perfwm, discharge, execute, compkte, comply with snd abide by esch and every the stip~l~tions, ~greemenfi, conditiau and toven~nb of said promissory note and of this Mwtgsge, then this Mwtg+ye and the Eatste hereby uested sh~ll te~st and be rwll ~~d void. 3 IT IS UN~ERSTOOD tMt the word "Mortgagor" whether in the singular ot plural anywF~ere in this Mortysye, shall ba sinpulu if on~ only and % shall be plu~al jointly and aererally if moie than one, and that the word "fheir" as vsed anywhere in this Mwtga~e shall be taken to mean "his;' "hen," ' or "its;' wherever the context so implies or admiti. Also, tMt wherever there is a reference in the covensnts and ~yreements herein contained to any of the psrties hereto, the s~me iMtl be construed to mesn as wetl as the heirs, leqal rspresentativq, svtcesson and auiprn (either wplunUry by ~ct of th~ parties or involuntary by operation of the law) of the same and that the covensnn herein contained shall bind and the ber?efiq and advantayes hwn ro the respective iroirs, legal representatives, sutcessors snd au~gns of the p~nies hereto. And said Mort9sgors, fw themselvn and their heirs, legal reprexnt~tives, successon and ~uigro, hereby joiMly and ~eve~ally covenant and ap~ee ta and with the s~id MORTGAGEE, iri successors and usigns: 1. To pay ~II and iir~~lar the principal ~nd interest and tfx vsrious ~nd sundry sums of money payabl~ by vi~tue of said promissory note, and this morty~ye, e+ch and every, promptly on the days respectively ~he ssme severally becom~ due. 2. To p+y ~II and •iegul» th~ qxes, asiassmenn, levies. Iiabifities, oWigstions snd encumbr~nces of every nature and kind now on said deauibed P?operty, w tMt hereafter may be imposed, suffered, pl~ced, levied, or auessed tMreon, w tF~at hereafte~ may bs lev'~ed w asseued upon thia Mat¢ age, a fhe indebtedneu secured hereby. esch and every, when dve a~d psyable, accwdii+p ro law, before they become deliequent, and b~fwe any int~re~t attathes o~ any penalfy is int~~red; AN~ INSOFAR AS ANY iHFREOF IS OF RECORO 7HE $AME SHAII 8E PROMPTIY SATISFIED ANO DISCHARCsED OF RECORO ANO TNE ORIGINAI OFFICIAI pOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAttY ENDORSED OR CERTIfIE~) SHAII dE PLACE~ IN THE HANDS Of SAfD MORTGAGEE WITHiN TEN DAYS NfXT AfTER PAYMfNT; and in the event that ~ny thereof is not ~ paid, sat'sfied snd diuhuged sa;d MORTGAGEE may at any time pay the same oi any part thereof witf?out waiviny w aifectirg any option, lien, equity w •iqht under w by virtue of this mortgage and the full amount of eath and every iKh payment shall be immedistely d~e snd paysbk and sAafl bear inlerest <<om the date thereof until paid ar rate of n~ne per centum per annum snd toqether w~t1~ sucb inte?est s I ured b ie of th:i moryta~e. ~ q aooK~~~F~cF~ - _ ~ , : - ~ p ° 5