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Home My WebLink About1616 ~.~v~iv ` i 24th ~ November 72 THIS INDENTURE. Made tl~e day of , A.D. 19_-~ between ?hosas Brown Jr. and Ma Lena Broxn his wife of St. Z'uC e County Fiwida, herei~after designated{ u fh! "MORT('sAGCSR," 1nd FIRST iEQERAI SAVINGS AND IOAN AS$OCIATION Of fORT PIFRCF, s corpwation ayanizctl and existing unde~ the laws of the llnited Stat~s of Americs and havirg in principal plsce of bu~inets in ths Ciry of Fott Pie~ce, St. Luci~ County, Flaida, hereinafte~ desiynated sa tM "MORTGAGEE." WNEREAS the MORTGAGOR is justly indebt~d ro the MORTGAGEE in the sum of S 5~~~'~ good ai+d lawful money of the Un~ted States advanced by the MORiGAGFE unfo the MORTGAGOR, as evidenced by s ceru~n promiuwy note of even date herewith, of wh~th the (ollowinp i~ wor 5 and f~yure~ ~s a trw copy, to-wit: 10019090 _ , 000. (l() No ~o~r e~er~e, flwida, November 24 _14 '72 Fa value receivrd. 1, we w either of us, prom~se to pay, without defaltat~ort, to the ordcr of FIRST FEDERAL SAVINGS At1D ~QAN ASSOCIATION QF FORT PIERCE at Fort Pierce, florida, the sum ot'S-S~~~•~~ with interest from date at the ~ate of 7•7~r, pe~ ann~m, in monthly install. ~nenrs as foilows: i 61•~ on the lOthday of January ~ 19 73 ~ ~;ke sum on 1he correspond;rg day of each month these- afrer until the whole be fully paid. . ' fath installment first shall be applied in payment of the interest and then on the unpaid balance of the p~int~pal sum. If default i~ made in ths. payme~t oi any instattmenl whe~ due, and suth defavlt continues 30 days; then at the option of the hotder, and without any other notice, all the remaining - ~nstallments shail be due and payabte at once. Privilege is given to prcpay this note in whole or in parl at any fime without penahy. Neither fwebcars~ce, ~o~ atceptance by the holde~ thereof a(ter any drfault in any payments he~eon, shall be deemed extension. A Iate payment charge of S 3•~S shal) be added to each installment remaining unpa~d 7 days after iri due date, and s like sum shail be added to each such instalfinent remaining unpaid 7 days after each succeeding payment date_ ~ Each maker, s~rety and endorscr hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extensio~ of t~me of payment, eithe+ before w afrer maturiry, without rtot;ce to any of us; and to pay a!1 costs of collectio~, indud~ng a re~sonable attor~ey's fer in the event of any default hereunder, and hereby severally waives all benefit of homeatead and ezemption under the constitution and laws of each State of the United Stafes, as against this obligation o~ any ezte~sion w renewat hercwi. Witneu the hand and seal of each party. (SEAL) s/ ?howas Brown, Jr. ~~U cs~?u s/ Mary Lena Brown ( $7 • ~ ~ S~aro Revenue (tearwp~ sa~~elle+i~w a:ginal-wott) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s 5~~~•~ , and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does granf, bar~ain, :eq, remiu, release, convey and confirm ursto the MORTGAGEE, itt svccessors and auigns, sll that certain bt, piece or parcel of Isnd, situste, lying, and being in the Counry of St. i'uC1Q and Stste of Flwida, desu~bed as follows: Lot 5, Biock 4, of IRENE PLAZA, as recorded in Plat Book 9, . at page 33, of the publir records of St. Lucie County, Florida, . ~ . ~ oR ~'p MP~ Px 1 . o -~j p` EMtA Y.......~ ~ p 1 ~ O~ f~ f r f NV~ _ ~ O 1. ~ ~ ^ e, p~P .0: MI~Z~: c ~ ~ : . - - ~ A~c? o ~ 1~10t RECEIVED ~ C~ A 0 • DUE Ofi CL1~ G' JN~q~yGIB ~A PAl'M~ OF ~~~~T TO CFIqpjFR 7I- 3~~~NAL Pa~~~R; ROGER pptT' ~S GF 1y/t. ~LERK C(RCtIIT COURT, ~ /7lr ; ST. LUCIE CO.. F(/~ ~ I ~ ~ together with al) and singular the tentmenri, hereditaments and ~ppurtantes tF~eunto betonging w in ~nywise sppert~ini~g fhKeto, and all ~Mq, iuves, pr«eeds and profits acuuing and to scave fr said premises, all of wF~Kh are included in tF~e above ar?d fore9oi~nq dewiption a~d hsbendum. E TO HAVf AND TO HOID the above ' wibedla 1d gnnted prem~ses uroo the ssid MORTGAGEE, itf succestoro u~d auiyns foreva. Md ti+~ s~id their f MORTGAGOR for heir , executws, administrators and assigns, hereby covenanb with fF~e ssid MORTGAGEE, ib wcceuors snd usiqm, ~ the~ a re - that - lawfully xized ~ the iaid premises in fee simple; that the s~me are free, clear ~nd distharped from all lier» u~d encum- 5rances in law a in equity, and that th y wilt and their heirs shall wsrra~t and defend the titk to ttie ssme to tl+~ s~id MORTGAGEE, itt successors and assigns, fwever against the Iawful ctaims and dem+nds of alI persor»; PROW~fD, ALWAYS that if the AAORi('iAGOR ~Fwll pay unro the MORTGAGEE the promiasory ~ote heteinbefore desuibed and shsl) truly, promptly ! and fully perfwm, d~uharge, execute, compkte, comply with ~nd abide by each and evcry the stipul~twns, agreemenn, conditions a~d tovenanb of pid promisswy ~ote and of this Nbrtgage, then this Mortgage ~~d the Estafe hereby ueated shall ceas~ and be nul! ~nd wid. IT IS UNDERSTOOD that the wwd "Matgsgor" whether in the s~nqular or plurs! inywhere in this Mortg~ye, sMll be singular if one only and ,i shall be p[ural joimly and sevcrally if mwe than one, and that the word "their" ss used snywhere in thw N1o?tys~e ihall be t~kea to mes~ "his," "hen;' or "its," wherever the conteat so implies or admits. Alw, that wherever there is a reference in thr covenanK and apreemu+b i~erein contained to any of the pa~ties hareto, tF+e same shall be construed to mesn as well as the heirs, kgal representatives, s~ccessws snd ~uigns (either voluntary by scl of the i parties w involuntary by operatan of the law) of 1he ssme and that the covenants hcrein contained shall bind snd the be~efits and adv~ntsyp inure ~o the respective heirs, legal repreuntatives, successors and au'gns of the partits hereto. And ssid Mortgagors, for fhemselvd and thei? hein, legal represenutives, sucuuws and assipns, hereby jointly snd severally covenaM and ayree to ard with the ssid NWRT6AGEE, its succeasors and assigns_ 1. To psy all and singula~ tF?e principal and interest and the vs~ious and sundry sums of money payable by virtue of said promissory note, and this mwtgsge, each and every, promptly on the dsys respectively the same severally betome due. ~ 2. io psy atl and singular the ta~es, asscssments, levies, liabilities, obligstions ~nd encumbr~nces of every nature and kind now on said described properfy, p that hereaiter may be impoaed, suffered, pl~ced, levied, or aaseued thereon, or that hcresfiet may be levied or aaiessed upon tha Ntorf¢ age. w the i~debtedneu secured hereby. esch s~d every, whe~+ due and payable, sccordi~g to law, befo~e they become delinqvent, and befort ~ny i~terest attaches w a~y penalty is i~turred; ANU INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND ~ISCHARGE~ OF RECORD AND TME ORIGINAI OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED ~ OR CERiIFIED) SHAII 8E PIACFD IN THE HANDS Of SAID MORiGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; snd in the event that any ihereof is not ~ paid, sat sfied and d~scharged sa'd MORTGAGEE may at ~ny time pay the same or any pa~t thereof without waiving w affecting any option, lisn, equity or •~aht under or by virtue of this mortgage and rhe futl amounf of each and every svch payrtrent ~hall be immediarely due and p~yabk snd shall bear interest ~•om the dare thereof umil paid at rate of n~~e per centum per annum snd toge~her w~th such interest thall be secured by the lien of th:s mwytsg~. $eoK ~ ~~f~~ - ~ g r .,~.v, "'7 i'~~,' r - . ~ 'h.. . ~ ~ ^,r~~•J.~;v : -a ~ x,~ f~ E _ . 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