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Home My WebLink About0831 . ~b2934 4 TNIS INDENiURE. AMd~ the 27th day of April A.p. ~9 73 betwea? ~jri Herbert Barraclou snd I Barraclou h h a wife " ~ of $t• L~i~ Counly Florid+, hereina(ta designa~ed ~i tM "MORTGAGOR;' and FIRST •FEDERAI SAYINGS ANQ jOAN ASSOCIATION OF fORT PIERCE, ~ mrpaatan or9anized and exiitiny unda IM Isws o( tM Unit~d Sut~~ of America ~nd Mvinp iri principal plac~ of busir+ess in ~M CitY of Fort Piace, St. Lucie Coun~y, Flqrid~, hereinaft~r de~ipn~ed ~s tFa "MORiGAGEE:' WHEREAS the MORTGAGOR b j~~tly indebt~d to ~he MORTGAGEE in tM sum of ~ good and lawfvl money oE Ny Un+ted Statet advanccd by the MORTGAGEE unto the MORTGAGOR, ss evidenced by a ceruin promiuory note oi even date herewitii, ~of wh~ch tM iollowinq in wo~ds and fywe~ is a t~w copY. lo-wit: ~ 24~000.00 ~ 10019789 ~ ~wt pk.~•. F~o.id.. APxil 27 ~q 73 ~ fOI vJ~ue ~KtiYl~, I, we or eithar of us, promise ro pay, without detalcaNon, to the order ot tlR~i ttUtKAI JAVINW AIVV LVAIV AJJVt.irai~vi~ v~ - ~ FORT PIERCE af Fwt Pierce, fbrida, the s~m of S 2'4 `~0~ ~ with inte~esl from date at the rate of 5°~'o per annum, in monthly install- .4 ments as tol!ows: =1~~~ on the lOth day o{ $@pt@~~ 1q 73 •nd a like sum on the correspond~ng day of each month there- aftef until the whok be fully paid. ~ Each installment tirst shall be appl~ed in pay~nent of the interest and then on the unpaid ba~snce of the p~~~c~pal aum. If default is made in fhe ~ payment of any insta~lment when due, and such defau!t continues 30 days, thcn a~ the option of the holder, and without a~y other notice, all the remain~ng ,1 ~~statlments shall be due and payable at once. Privilege is g7ven to prepay this note in whola w in part at any t~me without pcnslty. Neither forebear~nce, nor acceptance by 1he holder ~hereof aiter aoy default in any paymenh heteon, shall be deemed extension. A late payment charge of S 8! sha~l be added to each ~nsallment remainirg urtpa~d 7 days after its due date, and a(ike sum shatl be added ro eacfi sucl? instattment remaining ~mpaid 7 days ~f~er each svcceeding payment" date. ~ Each maker, surety and endorser hereof, jo~nNy and severolly, waives demand, presentmeM protest and notice of protest fw nonpnymeN, and furthet " agrees to any extension of t~me of payment, e~ther before w after matvrity, without not~ce to any of us; and to pay all costs of collection, inctud~ng e n' reasonable attorney's fee in the event of a~y default hereunde~, and hereby severatly waives all benefit of homestead and exemptio~ under the constitutan and laws of each State of the United States, as against this obligation w any extens~on w?enewal hereof. Witness ~t+e hand a~d seal of each party. , . ~Ay i ~~~1'~1~~ ~~~~~1+~l3Q~'! {S~A:; ` ~ (SEAL) - s/Ivy Barraclou9h ~~U c $ 36 • 00 ~ sr.re a~~~~ ~ ew~eM~~fn~w~l~wF n~.+? NOW, THEREFORE, the MORTGAGOR for the pu~pox of securing payment of said sum of S 24 +~+d the performence of ths covenan s ~ r fsgreirsitefeapr~ssed~-and~tor-d7verrqov~and-~ralvtb~tconside*~?ions:--bY-Mw+e-P~~^~-9~ • - releax, convey and conf~rm unto the MORTGAfiEE, its ivccessors snd assi9ns, all that certain bt, piece w p~rcel of Isnd, tituate, lying, and being in ths County of St• 1'~Cf@ and State of florida, de~cribed as follows: ~t 8, Block 3128, PORT ST. LUCIB, SBCTION 45, according to the Plat thereof as recorded in Plat Book 16 at pa?ge 25, of the Public Records of St. Lucie County~ Florida?, ~ _0~~~ ' P~~ ~ ~ i ~v~~' ~ f oi ~ . f ,C~1~`a ~ _ ~ p. ti` ~4 't ,a ~o ~ ~~(G,~~~.? a~ on aus ~ urrru+rcietE N~on~r~n ~ .t' ~ u~~,,Q' ~AHT TO CFIAP~E4 71-134. 11L7S Of 1911. ~ ~ 9 O ~ RO~ ER IOIiWIC ~j1~ ~ ~y ~~~i~~~ ~ ot ~ Ct~1tK GkCUIT WUxi, Sf. U1C~E 00.. FUl a ~ ~i . a,~,~G ~ ~ 1F~'~ O ~ rogethe~ w~:n all and singular the tenements, hereditaments snd sppurtances thereunto belonging w in ~nywise apperta+ninp thereto, and sll rentt, issves, proceeds s~d prof~n accruing and to accrue from ssid premises, a!1 of wFi~ are irxluded in the ~bove ~nd fwegoing detuiption and habendum. TO HAVE AND TO HOLD the above described and granted premises unto tfie said MORTGAGEE, its succeuors ard +uigns forever. /1nd tM said ~ their ~ MORTGAGOR for - heirs, executors, administratws and auigns, Fxrcby covenants with fhe said MORTGAGEE, iri svccesiors and ~uiyna, ~ the~? are_ rhat - - lawfully seized of the said premises in fee semple; that the same are free, c{ear and dischsrged f~om •11 liens and entum~ ~ brances in law or in equity, and that th@y W;~~ a~ their hein shall warrant snd defend the title to the same to the ~sid ~ MORTGAGEE, in svccesson and sisigns. forevei "againsT ihe Tawfui-cisim~iifd dEmsnds aPsft persons: - s~ - PROVIDE~, ALWAYS that if the MORTGAGOR sMll pay unto the MORTGAGEE fhe promissory note hereinbefo~e dtscribed and ahall truly, promptly - and futly perform, dixMrge, execute, compkte, comply with snd abide by each and every the stipulatians, ~greements, conditrons and w~renann of isid - promissory note and of this Mortgage, tlxn this Mortgsge and the Estste hereby aested shall teas~ and be nu~l and void. IT IS UNDERSTOOD fhat the word "Nbrt w" wlxtF~er in the si ulsr w lural an here in this Mort shall be si ul~r if one on) and a 9,9 ^9 P YW 9+9e. ^9 Y shall be plural joimly and severally if more than one, and that the word "their" as used snywhere in this Ahatgsge sh~ll be Uken to mean "his," "hen;' or "ib;' wherever the context w implies or sdmits. Also, that whcrever there is a teference in the covenanri u~d agreements herein cont~ined to ~ny of ~ the panies hereto, the same ihall be construed to mean ai well ss the F~eirs, leysl representatives, successors snd-assigm (either voluntary by ~ct of th~ ~ parties a involuntary by operation o( the law) of the same and that the covenants herein contsined shall bind and the benefits ~nd adwntages i~w?e ~ to the respective heKS, legal representatives, successors and au'gns of the partees hereto. Md said 116ongaqors, for themselves and the"u heirs, Itpa) reproseMatives, successors snd assip~s, hereby jointly and severslly covenant snd agree ro snd with the said MORTGAGEE, irs successors and sssi ns: r? g . 1. To p~y all srd sirguiar the prirxipsl and interest u?d the various and i~ndry :ums of mwuy pay~We by virtue of said promiswry note, snd this mortgsge, eacF~ and every, prompNy on the days respectively the same severslly become dve. _"~=~+w', 2. To pay +II ~nd sirgular the taxes, assessmcnb, levies, liabilifies, obligstions ~nd enc~mbrante~ of evcry n~tun and kind now on said de~uibed ~ property, or that hereafter may be imposed, suffered, placed, kried, w~uessed thereon, or that hereafter may be levied w auessed vpon this Mort¢ age, w tM indebtedneu secured hereby, e~ch and every, when due and payable, sccwding to law, before they become delirp~eM, ~nd befw~ any ioterat attaches w sny peealty is incorred; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIED AND ~ISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAL ~OCUMENT (SUCH AS, fOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACTION PAPER OffIC1AlLY ENOORSED ~`~-_,~a'., OR CERTIFIED) SHAII 8E PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENt; ~nd in the event that •ny thaeof is ~wt paid, sat"sfied snd discharged sa:d MORIGAGEE may at any time pay the same or any pa?t tF~erMf without waiviny o~ affecting a~y option, lien, equity a " .iQht under u by virtue of this mortgage and the ful! amount of each snd every such peyment shall be immediately due and pay+bk +nd shall bear intaest ~ <<om the date the~eof until paid at rate of nine per centum per annvm ~nd to9ether w~tF4.s~ ' terest ihalt be secured by the lien of th:s moryta~e. ~ ~PaK ~~C7 PACE SJO , ; , ~ ~ _n._. _ _