HomeMy WebLinkAbout0809 264989 ~
A.D. 19 between
TNIS INDENTURE. Made the ,'4th day of Septeaber 73
~ ,
Janes . Brsy~ Sr. and Hazel F. Bray, his wite ~ " ~
of St • Ll~ i@ County Flwida, he~einafter de~ignated as 1M "MORTGAGOR," and FIRST fEOfRAL SAVINGS AN~ LOAN
ASSOCIATION OF FORT PIERCE, ~ capwation wpani:ed and ex~st~ng under tM lawn of ths Un~ted Stai~s of Americ~ and Mving iti prirxipai plac~ of
bu~in~u in tM City of fort Piau, St. lucie Co~nty. Ftwida, he~eina(ter designated as ths "MORTGAGEE:'
WHEREAS 1M MORTGAGOR is j~stly ind~bted ro tM MORTGAGEE in the sum of = 30 ~ 8~' ~ yood and I~wful money of the United
States advanced by ~M MORTGAGEE ~nto the MORTGAGQR, as eridenced by • certa~~ promfsswy note of even date herewith, of wh~ch fhe foliowing in
wads and figures ii a vu~ copy, to-wit:
~ = 30~800.00 r,~, 10020396
~ Fat Pierte, Fbrid~, ~pt@sber 4 ~y 73
for value received, 1, we w either of us, prom~se to pay, without defalcation, to the orde~ of FIRST FEDERAL SAVIW'GS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, fbrida, the sum of i-_~~8~'~ with in~erest from date at the rate ofs•75% per annum, in monlhly install-
mrn~s as follows: S 25'4•~ on the _~~day of Deeeaber_, 19~~ and a tike sum on fhe cw?c~pond~ng day of each month there-
~ after uMil 1he whole be fully paid.
Each inatallment first shall be applied i~ payrnent of the inte?est and then on the unpaid balance o( the p~indpa) sum. If delault is mad~ 1n the
~ pay~nent ef any installment when due, and such default con~inues 30 days, then et the option of the holder, and without any other notice, all the remaining
- ~nstallments shall be due and payable at or~ce. Pr~vilege is given to prepay this note in whole a in psrt at any time witFw~t penslty. Neither fwebear~nce,
nor atceptance by the holder the~eof after any default in any payme~ls hereon, shall be decmed extension. A late payment charge of s~ shall bs
V added to each ins?altment reinaining unpa~d 7 days atte~ ita due da~e, end a I~ke sum shatl be added to each such instalfinent remaining unpaid 7 days aiter
` each svcteeding ~aynunt dete.
' Eath make~, surety an~ endaser hereof, jointly ~nd severatly, waives dema~d, presentment protest and notice of protest iw no~payment, and further
~ agrees ro a~y extsnsion of time of payment, either before w after ma~urity, without notice to any of us; and to pay al! cosis of collection, includ~ng •
~ reasonable attwney's ice in rhe evenf of any defautt hereunde?, and hereby severatly ~vaives a!I benefit of homes~ead and exemption under the constitution
a~~d laws of each Stafe of the United Stares, as againat this obligation or any extension w renewal hereof.
Wi~ness the hand and seal of each party.
s/ James J. BzaY, Sr• ~at)
~4
, : (SEAI)
(SEAI)
s~ Hazel . B aY cs~?q
; $ 46.20
. ~ ~ sia?e a~~~~ue
J
(S~eRM»-dnCllFad~OfrOtiginllT01!)
NOW, THEREFORE, the MORTGAGOR fw the purpou of securing payment of said sum of S ~~8~-~ sr~d tM perfwmance of the
covenants and agreements hereinafter expressed, and fw dive~s good ar`d valuable co~siderations, by tlxse presents, does grant, baryain, selt, remise,
release, convey and conf~rm unto the MORTGAGEE, its successor• and auigns, all tF~at ce~tain bt, piece or parcel of Iand, situate, lying, and being in the
County of St . Luc ie and State of Florida, desuibed follows:
L.ot 19, Block 103, PORT ST.~LUCIfi SDCTION 27, as per plat thereot
on file in Plat Book 14, Page 5, of the Public Records of St. Lucie
County, Florida,
,
~ _~F FLORIDL'> ~ -
t ~TA~~
,..~_STAMP 1l~> ~
DOCUMENT_ARY~-=.., - ;
~ ~z DEPT
3F REYE1iaJE'l: -
~ x~ - = 4- 6. 2 0 1
~ _ _ ~ ~cri-•~3 ~ .
~ RY. 1
~ ~ 11102 ~ ~
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~ ~ RECENED - ~ IN YAYMENT OF j
pUE ON CIASS'C tHTANGIBlE PE~9~ ~,91PRO~E~n.
- p~}RSI1pMT TO CNaPiER 71-13~.
~GEft P017RAS r~
~ CiERK CIRGift COUR1, S(. U1CIE CO., FlA(~
~ rogether w~th sll and singular the tenements, hereditamenri and appurtances therevMO belonging or in +nywise ~ppert+~n~ng 1he?eto, and +II rents, iuues,
~ proceeds snd profits accruing and to accrue from sa~d prem~us, all of wli~d? are included in the above snd fwegoiny description +nd habendum.
~ TO HAVE AND TO HOID the above deuribed and granted premises unto the ssid MORTGAGEE, its suttessort +nd auigns forever. And tFw s~id
~ MORTG GOR for -~~lr----- heirs, executwi, administratort and assigns, Fxreby covenants with the taid N10RTGAGEE, in successas and ~stigrn.
~ _t~e are
~ ~hat lawfully se~zed of the said premises in fee simple; that the same are free, ckar and discharged from all liens and encum-
~ brances in law or in equity, end that t~y will snd their heirs shall wsrrant ~nd defend the title to the sams to the sak!
~ MORTGAGEE, its successws and assgns, fwever against the Iswful claims snd dcmands of all pe~tons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF+e MORTGAGEE the promissory rate hereinbefue desuibed and shall ttuly, promptly
- and fully perfwm, dixF~arge, execute, complete, canply with and abide by esch •nd every the stipulaiions, +~reements, conditions and covensnb of said
promissory nc~te and of this Mortgage, then thii Matgage and the Estate hereby crested shall u~se and be null and void.
IT IS UNDERSTOOD that the word "N4ortgsgor' whether in the s~ngular w ptura~ anywhere in :his Mwtpspe, shall be singular if one only ~nd 7
shall be plural jointly and severally if more th~n one, and that the word "their" ss used anywhere in this Morfgage shsll be faken to mean "hif," "hen;'
f~ or "iq;' wherever ~he contex~ w implies or sdmiu. Al~o, that wherever there is ~ refercnce in the covenann and agreemenb herein contained to ~ny of
the parties hereto, the same shall be co~strued to mean ~s well as the heirs, legal representatives, successors and assigns (either voluntary by act of tM ;
4 parties w involuMary by operation of the law) of thc ssme and that Ihe covenants herein contsined shsll bind a~d the benefits ~nd adwota~p ioure
~ ro the respective heirs, legal rcpresentafives, successors and ass'gns of the psrties hereto.
- And seid Mortgsgors, fw ttxmxlves and their heirs, 1e9a1 reprexnt~tives, successors and auigns, hereby jointly a~d severally covenant ~nd agr~e
~ ~o and with the wid MORTGAGEE, its successors and a~signs:
k~ 1. To pay ell and sirgulsr tF~e principal and interes~ snd the vsrio~s and sundry sums of money payable by virtue of said promiswry note, and thii
mortg~ge, each and every, promptty on the days respectively the ssme severally become due.
cr~
g~ 2. To p~y sll ~nd tingular the taaes, assessmenn, levies, lisbilities, oblig~tiau +nd encumbnnces of every nature ~nd kind now on iaid desuibed
r; property, or that hereafter may be impoted, wffaed, plsced, levied, a~ssessed thereon, a that Mereafter msy be levied a~ assessed ~pon fhis Mut¢
~ age, w the tndebtedneu secured hereby, each and every, when due and p~yabte, ~ccording to law, be(ore they become delinquenl, and befor~ ~ny interqt
~ attaches o~ any penalry is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAN1E SFU~II BE PROMPTLY SATISFIED AND DISCHARGED OF
~ RKORD ANO THE ORIGINAL OfFICIAI DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AtlY ENDORSED
ti OR CERTIFIED) S?iAIL 8E PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF?ER PAYMENT; ~nd in the event 1Mt any thereof is not
4` pa~d, sat'sfied and diuharged sa:d MORTGAGEE may st any time pay the seme or aoy part thereof without waiving a a(lecting any option, lien, eqvify or ~
~ ~~qht under w by vinue of this mortgage and the full amount of each and every such paymenl shall be immediarely due and psyable and shall be+? intereit
~ ~•om the date thereof until paid at rate of n~ne per centum per annum and toge~her w~~b svch interest shall be secured by the lien of th:s mwyta9e.
~ 60pR1( ~19 F'ACE ~ l; ~
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