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HomeMy WebLinkAbout5299 245181 ~ TNIS INDENTURE, Mada the 4tb day cf Januar~ , A.D. 19_ 73 between Williaa Bryant a~d Lora Bryant, his wife and R:+y Collins and pharisene Co~lins. s w e • of St• 1'uCie County Fiwida, hereinafte? des~j~nated'+s t~ie "N10RTG. and FIRST FEDERAt SAVINGS AND LOAN ASSpC1qTION OF fORT PIERGE, • corporation wganized and ex~iting u~der the laws of iM Unlted Statts of America and Mving its principal place of businsu in ths Ciy of forl Piace, St, lucie County, Flarida, he+einattei designated as tFa "~TG~I~"t~E. ~ WIfERfAS the MORTGAGOR is justly indebted ro the MORTGAGEE in t1~e sum of i ~ Z~~~ good and lawfui mor~y of the Un~ted Siaies advancr~ oy ti~e :rtvxYuFivt'c ~aia i'r.e iivx:vF.w~, as a=:.''.,.-..:~~ ~r ~ ~ T_~~sv+•; •••+u ef even date herowith, of which the foltawiny in words and figures is a trus copy, to-wit: ' f ~s200•00 100192'~ Fort Pierce. Flaida, Janua ry 4, .19?3~ for value received, 1, we a either of us, promix to pay, without defalcat~on, to the order of FtRST FEDERAL SAVINGS AND LOAN ASSOC;ATION QF FORT PIERCE at Fort Pierce, Fbrida, the sum of s 2~ _ W;th interest irom date at the rate of '~°S per annum, i~ monthly install- ~ents as fo1lows: i 236'~ on the l~tb dsy of aPrij , 19?3 and a Gke sum oo the correspond~ng day of each month there- atter umil the whole be fully paid. Each installment first shall be applied in paymen! of the in:erest and then on the u~paid balance of the princtpal sum. If de~ault is made in the Fayment of any installment when due, and such detavH connnuee :sU oays, tnen ai ine opi~v~~ ~f ti~e tw:der, a~~ ~::'4;,;;a a^y a!tier ~+~te, a~~ ~~n+~nins ~nsiallments shall be d~e and payable at once. Privilege is given to prepay this note in whole w in pan at any t;me without penaity. Pieithcr forebear~nce, nor acceptance by the holder fhereof after any default in any payments hereon, shall be deer»ed extenslo~. A Iate payment charge of s 11 •~Qyhalf be added to each installment remaining unpaid 7 days after its due date, and s tike sum shall be added to each such instaliment remaining vnpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, joint~y and ieverafty, waives demar.d, presentment paotest and notice of p~otest fw nonpayment, and furtlxr a~rees to any extension of time of payment, either before or after maturity, withoul not;ce to any of us; and to pay all costs of collection, indud~~g a reaaa~abk attorney's fee in the event of any de:ault hereunder, and hereby severally waivrs a(I benefit of homestead and exe:nption under fhe constitufion and laws of each Srare of the Unired Srates, as against this obligation w any extension o~ renewal hueof, ; Wit,ness the hand and seal of each party. ! S Wlil~a3 B iAt (SEAU s Lora Bryar~t ~s~~~ s ay n s ~~u S43.B0 s/ Pbarisene Collins - ; c•~±t aeven.~p ,(S~aa~p!_cawuJ4d p? ar~gia~I .nYt~ NOiN, THEREFORE, the MORTGAGOR for the r 29 2~•~ ' pu pose of securing payment of said :um of = s , and the perfwmance of the covenants and agreements he~einafte~ expreued, a~ for diven good and valuabfe tonsiderations, by these presents, does grant, baryain, sell, remise, reiease, convey and confirm unto the MORiGAGEE, its succeuors and ass~gni; atl that ce?tain lot, piece or parcel of land, tituats, lying, and being in fhe County of St . j,liC 1@ and Srote of Florida, ckscribed ~s follaws: - i Lot 9, 82ock Q, MARAVILIA ESTATBS, as per plat thereof oa file in Plat Book 8, page ~7, of the public records of St. Lucie County, Rlorida, ~ . pD A o~ ~ ~ p~~~ ~ • TA~P ~A k ~ - - o ~ ~ ~ ' a`~~-'", '4~80 ~ - o ~ ~uo: ~ ~ ~ rt~rvEO G n~ ~ArMtM oF t~t DUE Oq CLASS 'C' INTANG16lE Pf?Sv:ial PFO~ERIY~ PURSUANT TO CF1AP'ER T1-134. ACiS OF 1911.i~. ROGER POITRJIS ~I CCERK CIRGIIT I~URT, Si. WCIE CO., FLA U rogether with all snd singutar the tenements, heredifsmenfs and appurtances thereunto belonging or in anywiu appe?t~inirg thereto, ~nd ~II re~ts, issues, proceeds and prof~ts accruing and to acuve from said premises, all of which are included in the above and foregoing dexriptio~ and habe~dum. TO HAVE AND T HQlO the above dex?ibed snd gnMed prem~ses unto the said MORTGAGEE, its succeuors and assigns fwever. Md the s~id { ti'ORTGA~j R for - t~e2=---- he~rs, executors, administrators and assigns, hereby coverw~ts with the said MORTGAGEE, ib svccessors and auipns. rhat -~"-e~ a Ze - lawfull seiz of the said y eci premises ~theii r~; that the same are f~ee, clear and dischsrged from all liens and encum, brances in law or in equity, and that tl1ey will and heirs shall wsrrant and defend the title to the same to the said MORiGAGEE, its successors and assigns, iwever against the lawful claims and dcmands of sll perions; PROVIDED, ALWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefwe dewibed snd tMll truly, promptly and fully perform, d~uh~rge, execute, complete, comply wi~h and ab~de by each and every the stipulations, agreemen?s, conditions and covenants of s~id promissay rate and of this Mortgage, then this Mw.tgage and the Estate hereby ueated sha~l ce+se a~d be nvll and void. IT IS UN~ERSTOOD that the wwd "Mortgagor" wF~Nher in the s~ngulrr w plu~al ~nywhere in th7s Matgage, shall be singular if one only and shafl be plural jointty and severally if more than one, and that the word "their" as vsed anywhere in th~s Mwtgsge shatl be taken to mean "his:' "hen," + or "its," wherever the context w implies o? admits. Alw, thal wherever there is a refererxe in the covenanri and agreements herein contair~ed to any of +he parties hereto, the urtx shall be construed to mean as well as the heirs, legal representa~ives, successon and auigns (eithe~ voluntary by sct of the parties or involuntary by operat~on of the law) of ~he :amt and that the cove~ants herein contained shall bind and the benefiri a~d advantsyes i~ure ro the reipective heirs, legal represenfatives, successors and ass'gns of the pa?ties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors ~~d assigns, hereby joinfly and xverally covenant ~nd ayree fo and with the said MORTGAGEE, its successors and assigns: 1. To psy all and ~inguiar the princip~t snd i~tcresr ~nd the variovs and ~undry sums of money peyible by virtue of said promissory note, ~nd this mortgage, each and every, promptly on the days respectively the same severally become due. ' 2. To pay sll snd singular the ta:es, assessmentf, levies, liabilities, obligations ~nd encurnbrances of every nature and ki~d now on wid described property, a that hereafter msy be imposed, suffered, ptaced, levied, or aaseued thereon, or that hereafter may be levird p asseued upon this Mort9- age, w the indebtedness secured hereby, each and every, when due ~~d payable, accwding to Isw, before they become detinquent, and before ~ny ?nterest attaches or any penalty is incu~red; ANU iNSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTCY SATISfIED AND OISCHARGEO OF RECORO AND THE ORIGIfVAI QFFICIAt DOCUMENT (SUCH AS, fOR lNSTANCE, THE TAX RE~EIPT OR TNE SATISFACTION PAPER OFFICIAtLY ENDORSE~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa;d, sat'sfied snd discharged sa'd MORTGAGEE may at any time pay thc same or any parr thereof withovt waiving or affetting any option, lien, equity w •~qh+ under or by virtue of th~s mortgage and the futl amount of each and every such payme~t shalt be immediately due and payable sr+d shall bear interest ~•om the date rhereof unril pa~d ar rate of n~ne per ce~tum per an~um and foge~he. w~th such inte.est shall ~~c F~1~l the lien of rh i mwgtsye. 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