HomeMy WebLinkAbout0378 ~ - %Z6U48~
THIS INDENTURE, Mad~ tbs 30th ~y of July A.D. 19
7.~., b~tw~cn
B~?zzon I. ernon an ery . erno , s w• e•~ ,
cf $t. L11Ci@ ~pinry florida, heninaftK d~sign+t~d a ti+~ "MORiGAGOA." and FIRST FEDERA~ SAVINGS AkD IOAN
ASSOCIA?ION Of FORT PIERCE, ~ corporatian o~yanized ud ~xiuinp und~r tlw laws of Nw UnH~d Sat~s of Amsrica and Mvinp ib principat plac~ of
bu~in~ss in tFN City of foA Pi~rc~, St. Luci~ County, florida, fwrainaftt~ dssiyn~t~d q th~ "MORTGAGEE."
WHEREAS tM lNORTGAGOR is jwtly ir~dsb~~d to tM MORTGAGEE in tM tum of = 4~ - qoa! and Iewful mo~ey of the Un~ted
States advu~csd--by ths MORiGAGEE unto ths MORiGAGOR, a~ evidenced by ~ u~uin promiuory taM of even d~te herewith, o( wh~ch tl~s (dlowinp in ~
words ~nd fipur~s is • tr~s copY, to-wil:
So ~ 400 . 00 •100202 5T
P;«~.. F,aw,. July 30 19 ?3
Fa valus received, I, we w eithe~ of vs, p~omiss to pay, without defalcation. 1o ths order of FIRST FE~ERAI SAVWGS ANO IOAN ASSCSCIATIpN Of ~
FORT PIERCE at Fwt Pierce, Fbrida, the sum of = 4~ with interest from d~te at the ate of ~Q._% pet annam, in monlhly irutafr
menb as foltowu ~ 423.~ p~ t~ Z~Lh ~y of Novenber ~9 73 u?d a iike s~m o~ the correspond~np day of each mo~th therr
after until the whole be fully paid.
E+ch installment fint shalt be appfied in payme~t of ths inte~est and then on ths unpaid balance of tM p?incipal wm.. If def~uh is rrutle in tFN
payment of any installment whe~+ due, and wch default conrinues 30 days, then at tFie option of the holder, and without any other notice. atl the ra~aininy
installme~t~ shall be due and payable at once. Privi{ega is given fo prepay this nofe ie whofe w M paH at any time withouf penahy. ldsith~ ioeebear~nce,
nor atteptance by the holda therwf after any default in ~ny payments hereon, tFwl! bs deemed extension. A late paymc~t char~e of ~hatl be
added to each installment remainiog unpa~d 7 days after ib due date, and a like :um shall be added to esch such installment remainir?p unpaid 7 d~ys aRer
eath wcteedi~g paYment date.
E+ch maker, surety and endorse~ hereof, joinHy and ieve~aily, waives dansnd, presentment protest and notite of protest fw ranpayment, ~nd furthnr
agrees to any extension of time of psymero, either before w after matwity, without notice to any of vs; and to pay all ~sts of tollection, includinp •
reasonabk attorney's 4ee in the event of a~y default here~ndar, snd hereby sevsr~ily waives all beeefit of Famestead and exemption under ihe consfitufio~
and taws of each 5tate of the United States, as +gainst this obliyation or ~ny extensioe~ or ~enewsl hereof.
1Nit~ess the h~+xl and ual of e+ch party. .
s/ Barron I. Vernon
(s~?U -
(s~q
~75.60 g/ Cheryl M. Vernon ~
( ) Ststf Revenua
l6+~s~ps~+cdled-areripa+aF ~+ete~ '
NOW, THEREFORE, the MORTGAGOR fo~ ths purpose of securing p~yment of said wm of ; ~~4~ .~nd the performance of th~
covenanri snd agreement~ hereinafter expressed, and for diven yood a~d vslwbk considerations, by tl+tse presents, does ~rant, barpsin, sell, remise,
retease, co~vey snd confirm unto the MORTGAGEE, its succeuors ~nd auig~s, all thst certain bt, pieq or partel of lu?d, sitwt~, lyirg, and beinp in ths
County of Lur_ia ~~nd St~te of Flwida, dewibsd ~s followst
L,ot 13, Block lI, SURFSIDE,t~JIT 1W0 accordiag to the p1At thereof
recorded in Plat Book 11, Page 8, Public Records of St. Lucie
Caunty, Florida ,
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n~, STATE oF FLORIDA; I~~~~~~,~~;~s ~E~,
= DOCUMENTARY,~;~' SZAMA ~A X~ ~y~o~ ~ ~ J~
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together with all u+d singutar the tenemenn. hereditamenb snd appurt~nces th~re~nro belaginy or in ~nywiss appertatninp thereto, and all ren». iswes,
prxeeds ~nd profin acauinq and to accr~e from ssid premises, all of wh~ are i~cluded ir1 the ~bove and fora~oirg deatripYan ~nd h+bendum.
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f TO HAVE AN~ TO HOLD tl+e abow described and grsnted premises unto the said MORTGAGEE, its successon snd auigra forew~. Md tM said
~ MORTGAGOR fa their f+eirs, executors, administntors and auigro, hereby covenanb wifh tM s~id 1NORTGAGEE, its wtc~sson and assipra„
that - thQ~ aZe _ iawfully seized of the iaid premises in fee simplr, th~t tM same ue fres, cle~ar and discf~srQed from all liens u~d ancw~r ~
i brances io law a in equily, ~nd that thev w~p ~ their I~eira shal! wurant ~nd d~fsnd ths titls to ths sam~ to tM s~id
MORTGAGEE, its successors and auigrn, faever apsinst the lawful ds'irtn and demands of al) pe~soru;
PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unro the MORTGAGEE the prorri~sswy note herei+~befo~~ described and shall truly, promptly
and fully perform, dixMrge, execute, compkte, comply wi~h ~nd sbide by ex1? ~nd every ths stipulatioru, ayreementt, conditiaa u~d coven~nb of said
promiswry note and of thia Mwty~ge, then this Maegage snd the Estate hereby vested slull cease and b~ nuU ud void.
IT IS UNDERSTOOD tMt the word "Mwt9sgor° wl+ethe~ in the singular w plwal anywhere in this Morty~ge, shal) b~ sinyvlar if ar only and t
shall be plunl jointly and severally if mwe than one, snd that tlx word "their" ~s vsed anywMre in this Mor~gaye shall be taken to meM "his,`• •'hen;•
or "iri;' wherever tht cantext so impl;es or admits. Alto, that wherever there is a~~ference in tht tovenan» and spnemenri herein contained to any of
~he partiq hereto, the s+rne shsll be caunued to mean ss well u the hein, leyal representatives, successon and auigaa (either roluMary by ~ct of the
panip w involuntsry by ope~ation of the law) of the same and that the to+rcnants ?~erein contiined ahall bind-and tFK benefits and advanta9es inw~
fo the r rve hein, al r +
especY leg epresentatives. succesiws snd ~ss?yns of the parties hereto.
Md said Mortg~gws, fw themselves and their hein, lep~l representatives, succeuas u~d assiyns, he~eby joinNy snd seva.ty coven.m ~nd ~yrse
ro and with ths ~aid MORTGAGEE, its successors and auigro:
1. To pay N( and si~gutar tfie principst snd interest ~nd tht variovt and wndry sums of money psYabl~ by virtw of ssid promiasory note, and fhis
mort9spe, each ud every, promptly on the days respectively 1he same sevarally becane due.
2. To pay ~II u+d sinqular the taxes, auessmenb, levies. lisbilities, obligat~wu +nd encumbr~no~ of every Mtw~ ~mJ kind now on said dexr~d
E Property, w that hereaher m~y b~ imposed, wffe?ed. Ptaced, kvied, or assessed thereon, a tMt IIHNf1K lMjl ~ IlYi!!I a~ssessed upon this
age, o~ fbe fndebtedncu secvred hereby, exh and every, when dw ~nd psyable, sccordin~ ro lsw, befwe they becan~ d~linquent, and beMn ~rry int~ere~s~
j attaches w ~ny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD TME SAME SHAII 8E PROhWTIY SATISFIfD AN~ DISCMARGE~ OF
i RECORD ANO THE ORIGfNAI OFfIC1At DOCUAAfNT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PMER OFfICIAIIY ENDORSED
i OR CERTIFIEO) SNAII BE PLACFD IN THE NANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AfTER P/~YMENT; and in the event thst a~y thereof a na
~ paid, sstsfied ~nd dischs~ged sa:d MOR?GAGEE msy ~t any t~me pay the same a any part thereof withovt waiviny or affectirp any opYan, I'ien, eqvity or
r ~~pht under or by virt~re of this mortgage and the full amount of each and every such paymeM shal{ be immediately due and pay~bk and sh~ll besr interest
~•om the date t1~e?eof until paid at rate of nine per centum per annum ard'1c`a-~~ t uch intere-.~7 1 be secured by M?e lie~ of th:s mor9tay~.
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