Loading...
HomeMy WebLinkAbout0323 239590 t ~ THIS INDENTURE. Made the 6th day of ~CtObeY A.D. 19 72 betwee~ Harold k' Braatz and Marie B. Braatz, his wi~e of SL . Luc ie CWnty Flw~d+, hereinafte~ designared as the "MORTGAGOR," and FIRST iEDERAi SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a torporation wganized and exisfi~g u~der the lawi of ths United Stet~s of America +nd haviny iri principal pl~ce of business in Ihe City of fort Pierce, St. lucie County, Florida, hereinafter des~gnated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR ii justly indebted to the MORTGAGEE in the sum of 513+9~0.0~ goud and Iawfu~ money of the Un~ted Srates advanced by the MORTGAGEE unto the MOATGAGOR, as evidenced by a cenain promisswy ~ote of even date herewith, of which the following in words and figu~es is a trus copy, to-wit: : 13 , 900. 00 ~ 1 OU18901 fwt Pierce, florids, October b ~q 72 for value received, I, we or either of us, prom~se to pay, without defalcation, to the orde? of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Florida, the sum of j13 ~ 90~• w;th interest (rom date at the rate of 7• 7~o per annum, in monthly install- ~ r.,en~a as fot'ows: S 115. on 1he 15t day of ~eember ~9-?2 and a like sum o~ the corresponding day of each month there- ; afrer until the whole be fully pa~d. Each installment fi~st shall be applied in payment of the interest and then on the unpaid balance of the p?incipal s~m. If d ault is made in the • pay~nent of any installmem when due, and such defautt continues 30 days, then at the option of Ihe holder, and without any other notice, all the remaining ~nstallme~ts shall be due and payable at once. Privilege is given to prepay this note in whole a in part at any time without penalty. NeitFxr forebearante, ~ nor acceptante by the holde~ thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 5• 75 , shall be .:a ~ a, added to each mstallment rema~n~M~ unPd~tl / days attet ~IS Ove Oelr, a~Ki a~~we suu~ a+:ai: irc ou:icu iu c.+~.. .~•1=+•~•:•_ ~L.••u~~ •'y ~•--7= ~ each succeeding paymrnt date. j Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw na-~payment, and further ~ agrees to any extens~on of t~me of payment, either before or after matur~ty, without not;ce to any of us; and to pay all co:ts of cotlection, including a - reasonable attorney's fee i~ the event of any defau~t hereunder, and hereby severally waives all benefit of homestead and eaemption unde~ the constitution ' and laws of each Stare of the United States, as against this obligation a any extension o~ renewal hereof. ~ Witness the hand and seal of each party. - S Old W Braat z (SEAL) . y (SEAI) ~ s Mar ie E. Braat z (SEAI) v ~ $ 20 . 8 S ) State Revenue tSa~lA~rw6i1F~&r-d~~ineFiFd!$ ~ ~ NOW, THEREFORE, the MORTGAGOR fa the purpose of securing payment of ~sid sum of s 13 .90~. 00 snd the performance of the covenants and agreements hereinsfter expressed, and fw divers good and valuab!e considerations, by these presents, does grant, bargain, sell, remise, ~ release, convey and coni~rm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece w parcel of land, tituate, lying, and being in the County of $t . WCie and State of Fb~ida, dewibed as follows: Lot 29, Block 139, LAKEWOOD PARK, UNIT #11, as per plat thereof on file in Plat Book 11, pages 32A, 32B, 32C and 32D, of the Public Records of St. Lucie County, Florida, I ! v STATE ~F FLORiDA ~ iI o= ~ DOCUMENTARY,f ~.•..--~STA M P i A~ ~ E c'' DEPT. Oi KEVENUE ~i- •;~t ~ ' ~ Zr = ~ ~ - j _ ~:T ~~1~ . - ~ 2 0. 8 5 I f o _ Pa ~ 1 ~ o = ~~~02 RECEIYED '~G IN PI?YMENf Of TAXES ~C' INIANGIBLE PE~'~ ~'L ?'>0'ER~1. pUE ON CLASS PU~j TO Ci S OF lyl~l?9~ ~itK C1RCll1T COURT. ST• UiC1E C0, ~ together with all and singular the tenements, hereditaments snd appurtances thereunto belongirg a in anywise appertaini~y tlxreto, and d) tents, iuuet, proceeds and profits accruing and to sccrue from said premises, all of which are erscluded in the above and foregar+g desuiption and habendum. TO HAVE ANO TO HO~D the above described and granted premises unto the said N~ORTGAGEE, it~ successors and asaigns fweve~. Md th~ safd ~AORTGAGOR fo~ LhQ1Z ~~~s, executws, administrators and assigns, he?eby covenants with the s+id MORTGAGEE, its tuctessors and auip~u, ~hat the ry_are ~ar„f~uy Ki:ed of the said premius in fee simple; that the iame are free, clear and discharyed from ~II liens snd encwn- brances in Iaw or in equity, and that they W~~~ a~ their hein shall warrant and defend the title to fhe arrw to fhe s+id MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of ~II perwns; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy rate hereinbefore deuribed and sMll fruly, promptly ~ and fully perform, discharge, execute, complete, comply with and +bide by each snd every the stipulations, agreements, conditions and tovenanri of s~id ~ promissory note and of this Mwtgsge, then this Mwtgsge and the Estate hereby ue~ted thall cease and be null and void. IT IS UNDERSTOOD thst the word "Mortgagor" whether i~ the singular w p~ural snywhere in this Mortgsp0. shsll be tinyul~r if one only ~nd shall be plural jointly and aeverally if more 1Mn one, snd that the wud "?heir" as used anywhere in this Mortgsye shell be t~ken to mesn "h'u," "Fxn," • or "its," wherever the context w implies or admits. Alw, that wherever there is a refe?ence in tF~e covenants and ~greements hereim m~t~ined to any of rhe psrties hereto, the iame shall be construed to mean st well as the heirs, legal representativef, successas and assiyns (either vol~ntary by sd of ths parties or involuntary by operatan of the law) of the same and that the covenants herein contained ihall bind and the benefiti and advants~es inure to the respective heirs, legsl representative~, successws and au'gns of the parties hereto. And said Mortgsgors, for themselves ~nd their heirs, legal representatives, succeuwi and assigns, hereby jointly and uverally covensnt and ayree fo and with the ssid MORTGAGEE, its successors and auigns: 1. To pay all and singular tFx principal and interest and the various and sundry sums of money payable by virtve of said promissory note, and this mortgage, exh snd every, promptly on the d~ys respectively the same uverally become due. 2. To pay all ~nd singulsr the tsxes, asiessments, levies, Iisbilities, obligations and e~cumbrances of every nature and kind raw on s+id dewibed prope?ty, o~ that hereafter may be imposed, sufiered, plxed, levied, or asfessed thereon, w thst hereafter may be levied or usesied upon this Mort¢ aye, w the indebtedness secured hereby, e+ch and every, when due and payable, xcording to law, before they become delinquent, and before any iMeres~ attaches w any penalty is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PRON1PTlY SATISFIEO AN~ DISCHARGED OF RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event Ihat any thereof i~ not pa~d, sat'sfied and discharged sa:d MORTGAGEE may st any time pay the same or any part thereof without waiving or affecting sny option, lien, eqvity w •iQht under w by virtue of this mortgsge and the full amount of each and every such payment ~hall be immediately due and payable and shall be~r inte?est ~rom the date thereof until paid at rate of nine per centum per an~um snd together w~th such interest shal s th~, lien ytaqe. b~kx r;,~f ~ - -