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HomeMy WebLinkAbout0040 tiYJOJ~ r THIS INDENTURE, IWd~ th~ i~t~1 day pf Marrh . A.D. 19 73 . b~twNn D~~a . Brown and L 11 an B. BroMn his wife of SL • L.UC ! F~~~ ~~~~{~N d~i~p~n+tsd ~s th~ "MpRTGAGOR,' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporatwn ory~~i:ed and exi~tiny ~~der Ifii' Iaws~of thi Unit~d S~a1~s of Ame~ica and Mvinp ib principal pl~t~ of bu~N in tM Ci~y of fwt Pieru, St. luct~ County, Florida, M~~inaha destp~r~d a~ th~ "MORTGAGEE." WHEREAS th~ MORTGAGOR it jtqtly lnd~bl~d !o th~ MORTGAGEE in th~ sum of s ~ 2~ , yood and lawful money of tM Un~ted Statei ~dvanced by tM MORiGAGEE unto ths MORTGAGOR, ~i evidenced by • prtai~ promiuory not~ of aven d~te Mrewith, of wh~ch th~ followinp in W ld~ ~r~d_ ~yur~is a trw copy. to-wi~: ~ 3~2vu. ~10019538 ~ Ps..~.. Fb.w~, March 13, 1973 For valve received, I, we w either of ua, promise to pay, without defalcation, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort p;erce, Florida, the sum of = 13~ 2~ wiih interest from d~te al the rate of per ~r?num, in monthly instal{- ~nenrs as follows: S 1~ on tFa lOthdsy of ~''~ay , 19 73 and a like sum on the carespondir~g day of each month tMrr after until the whole be fully paid. fach insraUment firsf shaN be applied in payment of ~hs interest and then on the unpaid balance of the principal svm. If default is made In the payment of any installment when due, and such default continues 30 days, then at the optio~ of the holder, and without. any other notice, all the remaining ~nstallmenn sha~l be due and payable al once. Privilege is given to prepay this note in whole w in parf ef ~ny time without penalfy, Neither fwebearance, nor acceptance by the hotder thereof after any defavlt in any payments hereoo, shal! be deemed extrosion. A late psymeM charge of 3 S~ 45 _ shall be added to each instaltment remaining ~npaid 7 d~ys after ib due date, and a like aum shall be added to each wch installment remaining unpaid 7 days aftet each succesding payment date. Each makev, surety and endorser hereof, jointly and severalty, waives demand, presentment protest and not7ce oi protest for nonpsyment, and funher agrees to any extensan of time of payment, either beforr w aiter maturity, without notice to any of us; and to pay all costs of cot~ection, including a reasonable attorney's fee in the event of any default hereu~de~, and hereby severally waives all ber?efit of homestead and exemptio~ under the constitufion and laws of each State of the United Stares, as against this obligation or any extensior? w renewal hereof. ~ Witness the hand and seal of each party. cs~?u s/ Dana ld C. Brown cs~?u ~ $19.80 s/ Lillian B. Br~rn ~ ~ 1 stare aevenve ~Staw~wwallei «r~riginul-ne~e) . 13 200.Op NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of = ~ and the performance of th~ coven~nts snd agreements hereinafter expressed, and tor divers good and valusbJa consideralions, by these presMts, doei g~ant, bar9ain, sell, remise, retease, convey a~d confi~m un~o ihe MORTGAGEE, its successors and assigns, all that certain lof, piece or parcet of land, situate, lying, and beinp tn the Counfy of $t. Lucie and State of Fbrida, dexribed as follaws: Lot 2 and the North 5 feet of Lot 3, Block 1, of WILBUWE as per plat thereof on file in Plat Book 6, page 24 of the public - records of St. Lucie County, Florida . . . . . . . ~ ~ t~~s ~ntocuMEn a°~ Ft_sO/~u JL~A 1 ~~j ~ QE~~;"~~ 1~;R~. ~E dF ~ ~ +~S~t. ~ ~YiYUr ~r ~'1: • I~l~i P f A X , w a ~ 3 l~tl~ ' ~ e ~ RF~~o`+ ~~Kt ~ n~~'~~~c~E ~ - o = ~~q~ - ~ ~ ~ ~I. B. Q ~ W~1~~ ~0 ~~pS. S~. I . ~ C~,'~` together witb sll and singulsr the tenements, he~editsments and appurtsnces thereunto belonging w in anywise sppertaining therefo, and all renri, iuves, proceeds and profits uuuing snd to accrue from said premixs, alt of which are included in the +bove and fore9oi~g description and h~bendum. TO HAVE ANDtLO tWLD the sbove desuibed snd granted p~emises unto the said MORTGAGEE, iri waessas ~nd auiy~n foreve~. Md tfw said MORTGAGOR for ~Qi r heirs, executon, administrotors and auigns, hereby covenanri with the said MORiGAGEE, ib successws and ~stipm, that _theY a re lawfully se~zed of the said premises in fee simple; that tM ssme are free, cieW ~nd dacharged from a!! liena and encvm- brances in (aw or in equity, and tiut tbpy will and th~~I he~n shaU warnnt and defend the t~tle w t1?e ~ame to the said MORTGAGEE, in s~cceuors and auigns, forever sgains? the lawful clsims and demands of ~II persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note herei~before described and shall frvly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and cpvenants of ssid prom;ssory nots snd of this Matgage, ihe~ this 1Nortgsge and the Estate hereby ueated shatl cesse and be null and void. IT IS UN~ERSTOOp that the wwd "Mortgsgor" whether in the s~rgular or plvral ~nywhere in thw Mwtgige, shall be sinpular if on~ only and shall be plural jointly and severally if more than o~e, and that the word "their" as uted +~ywhere in this Mwtgage shall be faken to mean "his," "hers; • or "ib;' whereve~ the tontext so implics q admiti. Also, that wherever theie ii s refe~ence in the covenanri snd apreemenq herei~ oontsined to any of fhe parties he?eto, the same shsll be cautrued to mean at well as the heirs, legal represent~tives, wccesswt s~d assiyro (either voluntsry by acf of tF~e parties w involumary by operafion of the law) of the same a~d thar the covena~ts he~ein contained si~ll bind and 11~s benefiq ~nd adv~nt~yes inw~ to the respective hein, kyal representatives, successors and au~gns of the parties hereto. - And ssid Mortgsgors, fa themselves ~nd their hein, legal representatives, successon and ~ssig~s, hereby joi~tly and sever~lly covensnt snd ~yree ro and with the said MORTGAGEE, iri successors and auigns: 1. To psy sit and singulsr the printipal end interest and the variou~ and sundry sums of money payable by virtue of said prom;s~ory note, ~nd this mortgage, e~ch and every, promptly o~ the dsys respectively tF~e same severally become due. - 2. To pay ~II ~nd sing~lu the tsxes, sssessmenri, levies, Iiabilities, obligstions snd enc~mbr~nces of every nature and kind now on said desuibed property, or that F?ereaher msy be imposed, svffaed, placed, tevied, a~ssessed thereon, or lhar hereaftsr may be lev;ed a usessed vpon this age, or the 'w~debtedneu secured hereby, each ~nd every, when dve ~~d paYable, xcordirg to Isw, befa~ they becane delinquent. ~nd befw~ ~~y iM~e~st attache~ o? sny penaNy is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL 8E PROMPTLY SATISf1ED ANO ~ISCHARGED OF RECORD AND THf ORIGINAI OFFlCIAL.OOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENppRSED OR CERTIFIED) SMAtI BE PIACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~~y thereof it not paid, iaYSfied and dixha~ged u:d MORTGAGEE may st any t~me pay the same w any part thereof wFrhovt waivinp or aifecr;~Q any opr;on, I;sn, eqviry or ~~qht unde~ a by virt~e of this mortgage snd the full amount of esch and every tuch p~yment shall be immediately d~e a~d p~y~ble a~d ihall bear inttrest <<om the date thereof until paid at rate oi nine per centum per annvm a~d toyether w~lh such interest s~al~be ~red by th~ lie~ of th:s mor~ta~e. dooK ~2 ~~~E 40 ~:y - - - ~ ~ _ - . y ~ , r, - ' r.~a~ ,