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HomeMy WebLinkAbout1057 IG~~GrIGr ~ V fiHIS INUENTURE. Made the 16th da of NOV6~~@Z A.D. 19 72 befwt~? Rue L.ane YBrawn, Jr. , a? s gl• adult ~ _ of St• L~i@ County Flwida, hereinaiter dcsignatcd as ths "MORTGAGOR." and FIRST FEDERAI SAVINGS AND IOAN AS$OCIATION OF FORT PIERCE, • corporai~on aganized and ex~s~~ng u:~der ths laws of ~M United Stat~s of America snd having its p~incipal place of business in the City of Fort Pierce, St. lucie County, Florida, herein~itar designated as t~e "lNORiGAGEE:' WHEREAS the MORTGAGOR is justly irtdebted Io the MORTGAGEE in the sum of = 2~L8~~~ , good aRd lawful mw~e~ ~.f •he'Jnited S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certam prom~aswy note of even date herow.th, of which the fol~ow~~K~ words snd figures is a true copy, to-tiv]t: S 20~800.00 ~ 1C~019069 Fort Pierte, Florida, NOVl~@Y' 1~ 19~_ ` For value recelved, 1, we or e~ther of us, prom~se to pay, without defatca~ion, to the order of FIRST FEOERAI SAVINGS pNp LGAN ASSCv'IATION ~~F tORi PIERCE at Fort Pie~ce, Florida, ~he sum of S 20~8~'~-- W~~F. interest from date at the rate of 7i_r~D.o pe: a:vium, in morohly insiall- ,~enrs as follows: t-_1~~~ on the l~tb day of `T~u~y 19__73 ara a like sum on the correspond~ng day of each moroh ~here- airer until the who:e be f~~ly pa:d_ Each instal(ment first shall be app~ied in payment o1 th• interest and then o~ the unpa:d balance of the princ~pal sum. 1( defau:t is made in the F ayment of any insta~lment when d~e, and such default continues 30 days, then a1 the option of the holder, and without any other notice, all the remaining ~ ~nstallments shall be due and payable a1 once. Privilege is given to prepay this note in whole w in part at any time without penalry. Nerther forebearonce, . i p ~ nor acceptancs by the holdrr thereof after any default in any payments he~eoti, shall be dermed extension. A late payment cha~ge of Ss-t~.Y--, shall b~ , added to each ins!allmrnt remaining unpa~d 7 days after its due date, and a like sum shall be addcd to each such :nstalfinent remaining unpaid 7 days after - ea:h succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presennnent proteat and rwtice of protest for nonpayment, and iurther agrees to any eztension ~f time of payment, eitner bafore or after maturity, without notice to any of us; and to pay all costs of co~~ection, includ~ng a ~ rrasonab:e attorncy's fee in the event of any ~efau!t hereurxler, and hereby seve~ally waives alI benefit of homestead and exemption under the constitution ,,~~d ~aws of each State of ~he United States, as aga~nst this obfigation or any extension or renewal hereof. Witness the hand and seal of each party. • s/ Rue Lane Brown: Jr.. tsEAU ~ a single adult (SEAL) (SEAL) ~ $ 31 ~ 2~ ~ S+ate Revenue iSta~M.o~et~ibd.wi.~risiwai ~Me) NOVY, THEREfORE, ehe MORTGAGOR fot the purpose of securing payment of said sum of S 2O•8~~~ snd the perfwma~ce of the ~ covenants and agrcements hereinaiter exp~essed, and fw divers good and valuable considerations, by these p~esents, does grant, bargain, sell, remise, reiease, convey and conf~rm unto the MORTGAGEE, its successors artd assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the ~ County of St. L'~eie and Srate of ftorida, dexribed •s follows: ~ I.ot 5, MxL.D~+~00D BSTA2BS , as per plat thereof on f ile in Plat Book 13, Page 10, Public Records of St. Lucie Couaty, Florida .7 i M STATE ~F FLORIDA ~ ~ o ~ DOCUMENtARY~~ STlaMP Tl. ~ ~ ~ ~EPT. OF REYENUE f' ~ , L , i C M ! K~, o- v.t_ -._:1:'1t -.r• ~ ~ 9. 6 5 ~ ~ G 111 PAYME(fT OF TAXE$ - ' 111TANGIBLE PERSONAL P. o = t!t92 •~'-s...i ~~NT TO CNA~p'TER 71-13~/. ACTS OF 1~y~j~4tY„ g c-~ JEPT. Oi REY~NUE Pt' . ~4,~, ItOGER POITRIIS ~ ~c _ s ` _ : ' C ~ ~ CIRq!(T COURT. ST, IUCIE CO., FtA ~ '~t~ ~ ::vi; '~j 7 ~ o PL - ~ o = ~1142 fogether with all and sirgulsr the tmements, hereditaments +nd appurtances thereunto belonging or in anywise apperf~ining the?eto, u+d sll rentt, issues, proceeds ~nd profits accruing and to accrue from said premises, all of vihich are included in the above and foregang dexription and habendum. TO HAVE ANU TO~Fi~ID the above described and granted premises unto the said MORTGAGEE, its suctessors and auiyns fwevtr. And tM said ~ MORTGAGOR fo~ 1S heirs, executws, administrato?s and assigns, hereby covenants with the said MORTGAGEE, its successo~s +nd sssipru. ~ ~hat --hg i~---- Iawfully se~zed of the said premixs in fee simple; that the same are free, clear ~nd diuharged from sll lieru and encvnr ~ brances in law or in equity, and that he W~~~ s~ 21~8 heirs sl~all warrant and defend the title to the same to tM aid MORTGAGEE, its successors and assigns, forever against the lawful claims and demar~ds of all persons; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall pay un?o the MORTGAGEE the promisswy note hereinbefore dewibed end shall truly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, ag?eemenri, condifions snd covenants of iaid orom~sswy note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall cesse arn! be null and void. ~ ~ IT IS UNDERSTO00 that the word "Mor~gagoi' whether in the singular ot plural anywhere in this Mwtgage, shall be singular if one only and ~ shall be plural joiotly snd uverally if more than one, snd that Ihe wwd "their" as wed anywhere in this Matgage shall be tsken to mesn "his;' "Fxn," or "its;' wherever the context so implies or admits. Also, thst wherever there is s rsference in the covena~ts and agreemenri herein contained to any of i~ the parties hereto, the same shall be construed to mean as well as the heirs, legal representstives, successors and sssigns (eithe~ voluMary by stl of the ~ parties or involumary by operation of the law) of the same and that the coven~nis herein contsiixd shail bind and rhe be~ef~n and advsntsges inure ~ ?o the ?espective he~rs, iegal representatives, succeuas and ass~gns of the partid hereto. ~ And said Mortgagors, for themxlves and their heirs, legal representatives, successors and assigns, hereby jointly and uverally covena~t and ayree ~ ro and witF~ the said MORTGAGEE, its successws and ass~gns: ~ 1. To pay +II and s~ngvlsr the printipal snd interest and the various and sundry tums of money payable by virt~e of said prom]ssory note, and thit mortgage, eacF~ and every, promptly on the days respectively the same uverally become due. ~ 2. To pay +11 and singulsr the tsxes, asse~sments, levies, lisbilities, oblgations snd enc~mbrsnces of every nature +nd kind now o~ said described property, w that hereafter msy be imposed, wffered, plated, levied, w assessed thereon, a that heresfter msy bt levied w+ssessed vpon this Mort¢ ~ age, a the indebtedness secured hereby, exh and every, when due and payable, xcwdinp to law, befue they bccome delinquem, •nd befwe any interesl ~ attaches a any penalty is +nturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROFlMTIY SATISfIED AND DIYHARGEO OF RECORD AND THE ORIGIhAI OFFtCIAI DOCUMENi (SUCH A5, fOR INSTAAKE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfIGIAILY ENDORSED OR CERTIfIED) SNAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event lhat any thereof is ~of pa~d, sst'sfied and dixharged sa:d MORTGAGEE may at any time pay the same or any part thereof wi?hout waiving or~ffecting any option, lien, equity w ' •~qht under or by virtue of this mortgage and the full amount of each and every iuch payment shall be immed~atel~ due ar?d payable and shall bear in/erest ' <<om the date thereof until paid at rate of n~ne p_r centum per annum and together with such i~terest ihall uted b t h:s mor t e. ' ~ n ^ V ~ ~x ~Y 9+9 ~3:~~X l.~J~7 Y.iaE ~ - ~ ~ : < x ~ rr~~ ~ ~ ~ ~ ~ . ~ ~ ` ~ a ~ _ _ . e ~