HomeMy WebLinkAbout0773 ` 4i~ta$ 'Y
THIS INOENTUP.E, JM~d~ ~In, 21st ~y of ~ February 19~~
~t~n'"~ ; a y an ra e s . S~
y~, "Ti si~`~iiT~' .
of St . i-VCYe Cow?ty Fbrida, F~erain~frct deiynated ~s the "MORTGAGOR." ~nd itRSf FEDEItNt SAVINGS AND LOAN
ASSCdClAT10N OF FQR~ PIfRCf. • ca~po?~t~oa apanised +nd cxi~:in9 L~?de~ th~ lawi of the Un~tid S~at~a of America and havinp ib principat plac~ of
busirwss In th~ City of Fwt pis~ce. S~. lvci~ County. florida. Mrsirwft~r d~spnued ~s tlw "MORTGAGEE."
WHEREAS tiu MORTGAGOR is justly indebted ro tM MORTGAGEE'in ths surr cf i 2O~~Q-nn gooJ ~~d I~wful monoy of the Urt;ted
Srarat adwnced by rhs MORTGAGEE unro the !1AORIC-AGOR, es eridenced by a ur~am prar:rsory note of xven dat~ herew~~h, of wh~ch ths fol{awinq in
wwds and figwes is a true copy, ~o-wit:
s 20 000 . W
' February 21NO 1001946
Fort pierc~, florids, 19
For value received, 1, we or ei~her of us, prom;se ro pa , wnhouf defalcation, to ~he order of FIRST fEDERA! SAVlNGS ANO LOAN ASSOCtA710N OF
20, O~O . 00 7 5
FORi PIfRCE at Fat Pie?ce, fkrida, the wm of S- w:rh inte~est from da?e ~t the rate of • % per annwn, in mon~hly inslall-
~r~enrs as fo!lows_ i 1~•~ p~ ths l~th day ef Ap! i 1 !9 ? 3 and ~:ike sum on the correspeno~ng day of each monfh there-
after until ~hc whole be fully pa:d.
Each insta!Imcnt first shsU be a lied in
pp paymrnt of the in~crest arw! then on the unpaid balance of tl+e p~irx~pal svm. If default is n+adc in the
payment of a~y instaU~ne~t when due. and svch drfault toerinues JO c3sys, thcn it the oE.tion of the ho{d~r, and withouf ~ny oth~ notice. alf 1he rernaininp
~nsiallmenrs sFw1I be dut and payab!e at onca Privilege is g;ven to prepsy this ncte in whole a in part at ~ny time without penalty. Neithcr forcbearaoce,
nor acceptante by ti?e ho~de~ thereof after any default in any payments hcrcon, sha{i be dermed extension. A late paymeM chsrge of i 7•~ , shall bs
~ added w each insea~lment remaining ~npa~d 7 days afte~ irs due date. ~nd a like sum shai~ Le adcled to each such install~r:ea! re:nair.ir~ vnpa+d 7 days after
each succeeding payment date.
Each maker, surery and endorser hereof, jo~ntly and urerally, waives dcmand, preu~tment protest and norice of protest for ronpaymenf, ~nd further
a~rees ro any ~xtensan of time of payn,ent, eifher before o~ a~trr maturity, without not~ce to any of us; and to pay al! costs of collection, includ~ng a
' reaeonabk attwney's fee :n the event oF any defautt heraunder, and Fxreby severaCy waives all beoefit oi homestead and exemption under the constitutioo
~ and laws of each S~ate of the Un;tcd Staus, ss agalnst this oblgation or any extension or renewal hereof.
` Witnea the hand and sea! of cach party.
, s/ Glenn C. Bray ~U
` ~ - (SEAU
~ ~?u
? s Rrances M. Bray _ ~
~ ( s ~ • ) State Revenue
~ (S, ernps c~neeMed~vn ~ri9insh nvle)
NOW, 7HFREFpRE, the MORTGAGOR for thc purpose ef securirg payment of said sum of s 2O , a~d the ptrformsnce of th~
coveninn and sgreement~ hereinaftev expressed, and fw diven good and valuable considerat~ons, by tF~ese prexnts, does grsm, bargs~n, ull, remiu,
reteasa convey and confirm u~to the MORTGAGEE, its succeswn and assigns, all t}wt certain bt, pieoe or parcel of land, sitwte, lying, and being in the
Covnty of St . LUC le ~nd State of Flw;ds, dew~bed u follows:
Lot, 10, Block 61, ~IVER P~~1~, UNIT 6, as per plat thereof on file
in Plat Book i2, Page 28, of the Public Records of St. Lucie
Couniy, Florida -
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~OCtlM 0+1 ARY TA~f1P tlt
~ ~ . ~Pt.~ a~»~ ~ 3 0 01
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RECEI11fB j~!-"_~ IK P~Y'~lEt:T OF TlU(R
D'JE ON Cl~S'C INIANGIBLE Pf~~:?.i~L PRWER(Y,
PURSl1ANT TO Cf1APTER 7I-I34, ACiS OF 19)1./Jl~'~
HOGfR PDITAAS
CLEI~I CtRqIIT COURT, ST. L.IICIE 00., FUl
i
rogether w~th sll and singulsr the tenertxnts, hereditaments and sppurtances thcreunto beionginp or in anywise appertai~ir?y thereto, ard all ren?s, iuvet,
' p~xeeds and p~ofits acuu~~g and ~o accrue irom said premises, all of wFiK}? ue irxluded in the abo+re and forogang descriptan snd habendum.
~ TO HAVE AND T
HQ1D tF~e aF,ove described snd granted Qremisn unto tha said AIIpRTGAGEE, its successors sod suigns forever. Md tFr s~W
MORTGAGOR for t eir executon, administrators and sasgro, Ixreby coven~nts with ihe sa'~d MORTGAGfE, iri waessors ~nd sssi~na,
fhdf _ the~ s3 re ~awfully se~zed af the said premises in fee simplr, thst the ssme a?e free, cksr and d'~xharged irom ~II lienf and sncum-
' brances in Iaw w in equity, and that they W;~~ their h~~rs shall wirrant and defend tT~e title to the same to tF~e ssid
MORiGAGEE, its successws and auigr.s, forever sgainst the lawful claims and demands of a!1 pcysau;
PROVIDED, AItiAYS that if the MORTGAGOR shaN pay unfo fhe NIORiS3AGFE the promissory note hereinbefore desuibed and shat~ truly, promptlY
and ful~y perform, d~xharge, execute, compkte, comply with snd ab~de by each and every the stiputations, agreemems, conditio~q and cove~ants of said
prom~sswy note ar~d of this Mortgage, then this Mwtgage and the ~sute hereby veated si~all cease ard be nvll and void.
IT IS UNOERSTOOD thst the word "AAwtgsgor" whether in the s~ngular a p!u?a! anyw'ru?e in 11us Mortgage shall be sinyulu if one only and
shall be pl~•ral joiMly and severally if more than ox, and that ths word "their" ~s vsed s~ywhere in tl~is Mwtg~ge shall be Uken to mean "his.• "hen••
or "its;' wherever the context so implies or admits_ Also, that wfierever there is a reference in the coven~nn snd agreements herein conbined fo arry of
rhe parties hereto, the same shall be const~ued to mesn sr well ss the heirs, iegsl representatives, successon and auigra (either volvnt~ry by sct of tha
parY~es w involuntsry by operat~on of the taw) of :he same and that the cwenants he:eirt contai~ed shall bind and the Fx~~efiri and advsnuges inwe
ro the respective ixirs, legal represenutives, successors and au-gns of the panies hereto.
N+~ said Mwtgagors, for themselves ~nd their hein, legsl representativss, succeuors and auigns, here~y jointly and seversily covensnt and ~yree
, ro s~d with tt~e aaid MORTGAGEE, its successors and auiqra:
1. To pay all and singulu the p•incipal and interest and t!+e vario~n and sundry wms of rnoney payaWe by virtue of ssid promiuoty note, u~d this
nottgsge. esch ~~d every, promptly on the days retpectively fhe same seve~ally becorne d~re.
2. To pay all Md singulu the taxa. assessrnents, Icvies, li~biiities, obtigstions .nd encwnbr~nce~ of svery nature and kind now o~ said desvibed
Property, w fhat hereaftet msy ee impofed, suffered. plated, levied. o? sssessed thereon, or thst hereaftd may bs levied p assessed ~,~or this Mwty-
a9e, or the indebtedr?eu secvred hereby, esch and every, when due and payable, accwdinQ ro Itw. befae they becoraa delinquent, and befwe ~ny i~teres+
a±raches o~ any penalty is intu+rcd; AND INSOFAR AS ANY THEREAF IS OF RKORD TME SNNE SHAII EE PROMPTtY SAiISF1E0 AND DISCNARGEO OF
RECORD AND THE ORIGIf3Al OFfICIAI OOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATtSfACT10N PAPfR OFfICIAIIY f(VOGRSf~
OR CFRTIFIfD) SHAL! 8F PLACFD IN THE HAl1DS OF SAID MORTGAGEE WITHIN ifN ~AYS NEXT AFTER VAYMENT; and it~ the event that any tnereof is ~tw
pa~d, sat sfied a~ d~scharged sa:d MORTGAGEE may a~ any t~me pay the same w any part fhereof witFwvt w~iving w af(ec~irr, sny opt~on, lie~, eyvity or
~~qht under o~ by v;rlx of !his mortgage and the fvll amo~nt of each and every s.rch payment shall ba imrntdiafety dve and payabk and iF~sU bear interq*
f.om the date thereof unt~i pa~d at rate of n~ne per cer,tvm per snnum and togcther w~th such interest shsll 6~ ~a~1~ tMe lien of gt~.
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