The URL can be used to link to this page

Home My WebLink About2123 . r, . r 2'70240 THIS INDENTURE, IWd~ ~he ~7th day uf ~ecember A.D. 1973 between ,t . ~ ~ ~ ~ Harold G. Brown and Judith A. BYOwn~ his arife ~ of St. LuCl@ ~~~~y florid~, hereinaitN de~ignated as the "MORTGAGOR;' and FIRST fEDERAI SAVINt~ ANO IOAN ASSpCIAT10N Of FORT PIERC~ ~ cwpora~ion wp~nized and exiitinp unde~ Ih~ laws of the Un~ted Stat~s oi AmKic~ and Iavinp iN prirxipal ptacs of busirKU tn ths tiy of_Fort PiKC~, St, lucis County, Floridi, he~einaher designated as the "MORTGAGEE:' WHFREAS tht MORiGAGOR is 'vstl ~ndebl~d to tha MORTGAGEE in the aum of = 25 ~ 6OO' ~ ~ 1 y' , good and lawful enoney of the United S~ates advarxed by the NIpRTGAGEE unto the MpRTGAGOR, as evidenccd by s cenain promiuay note of evee date he~ew~th, of whicA the followinQ in words and figures is a trw copy, to-w~t: 1U020566 s25,600.00 ~ ~ P~e.~.. Flwida. December 7 19~_ Fo? value received, I, we or eithe~ of ~s, promix to pay, without defalcation, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fio~ida, the sum of j 2S L6~• O0 w;th interest from date at the rafe of 9~ 25',o pe? annum, in monthty instatl- +-~ents as fo!lows: 1 235•~ on the 2Oth day of J~~ry 19 74 and a like sum on the correspond~ny day of each mon~h there- after until the wAole be iuliy paid. Each installment f:rst shall be appiied in payment of Ihe interest and then on the unpaid balance of the princ~pal sum. If defautt is made in the Ha~rnznt of any installmenr when due, and auch default continuea 30 days, the~ at the option of the holder, and without any other notice, atl the remain~ng ~nsta~lments shall 6e due and payabie at o~ce. Privilege is given to prepay this no~e in whole or in pan at any time without penalty. Neither forebearartce, nor acc tance b the holder thereof afte~ an defavlt in an ments hereon, shall be deemed extension. A late g i l~ 75 ~P Y Y Y PaY payment cha~ e of s shall be added to ~ach installme~t remaining unpaid 7 days aftec its due date, and a like s~m shall be added to each such insta{Iment remaining unpaid 7 days after each succeeding paymem date. Each maker, surety and endorstr hereof, jointly and severaily, waives demand, presentment protest and notice of protest fa nonpayment, and further ag~ees to any extension of r~me of payment, eithe~ before or after maturity, without not~ce to any of us; and to pay all costs of cotlection, including a reasonable attwney's fec in the event oF any defau~t hereunder, and hereby severatly waives all benefit of homestead and exemption under the tonstitution a~,d laws of each Sta?e of the United States, as against this obligation q any extension w renewal hereof. W~fness the hand and ual of each pany. (SEAU s/Haro2d G. Brown ~~Ai> ' (SfAU s/Judith A. Brown ~ $ 3B .40 ~ State Revenue K+uwp~ <wMeM~d-ow~i~iwsk wwe) . NOW, THEREFORE, ~he MORTGAGOR for the . 25 600 00 pu pose of securing payment of said sum of = ~a _ • and ths performance of fhe covene~fs and ag~eements hereinafter expreued, and fw divers good and valuable considerations, by these presents, dces g?ant, bargain, sell, remiae, re'ease, convey and confirm unto the MORTGAGEE, its svccessors a~d assigns, alI that certain lot, piece w parce~ of land, situate, lying, and being in the County of $t • LuCie and State of florida, described es follows: Lot 5, Block 160, LAKBWOOD PARK [J~JIT I2, according to the plat thereof on file in Plat 6ook 11, Page 26A and 268, of the Public Records of St. Lucie County, ; t Florida, - i . ~ ~ f i-~ 1~ p~ 1,~ s F ~ a0 ~ ~ ~-~T.,, r ~ a pyF;1~ ~ - 2 ~ ~ ~~~N~ s ~ o C. 4~ .-S IN PAYMEI(f OF TN(ES O~/t~ ~ eL~~ ; ~ v~e ~t•~ DUE ON CIASS'C INTANGf6LE PfRSQt~iAl. PROPERIY~ o% ` ~ ~?a~2 . P1IRSUNIT TO CHIIPIER 71-134, ACTS Of 1911. J~, s( ~ ~~~a ROGER POITRAS ~ / ~ ~ CLERK CtRCl11T OOURT, ST. 111C1E OU., Fl/l ` r. o ~ rogcther w~th all and singular the tenements, hereditaments and appurtances thcreuMO belonging or in anywise appe?taining therero, snd all rents, issues, proceeds ~nd profin acuuing and to accrue from said premises, all of which are included i~ the sbove and foregang dexription snd habendum. TO HAVE AND TO HOID the ~bove described snd grsnted premises unto the said MORTGAGEf, it~ successon and assgns forever. Md tht said MORTGAGOR for their ~~~s, executws, administrators and assigns, hereby covenan?s w+th the iaid MORTGAGEE, its sucteuors and assiyrn, rhat th~ are , ia~r~u u~zed of ~he said y premises in fec simple; that the same a~e free, clear and discharged f~om all iiens and encum~ b•ances in law or in equity, and that thev a~ their hein shall warrant and defend the titk to the same to the said M1~ORTGAGEE, ifs succeuws a~d auigns, forever sgainst the lawful claims and demands of all personi; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed a~ shall truty, promptly and fvlly pcrform, dixharge, execute, complete, comply with and ab~de by each and every tFx stip~lations, agreements, conditions and covenants of iaid p~om~asory note and oi this Mortgage, ~hen this Nlortgage and tfx Estate hereby ueated sh~ll cease snd be n~ll and void. IT IS UNDERSTOOD th~t the wwd "Mortgsgor" whether in tFx s~ngular w plural anywhere in this Mortgage, ihall be singular if one only and ~ shall 6e plural jointly and severally if mwe than one, and that the wwd °rheir" as vsed anywhe~e in Ihis Mortgege shsll be taken to mean "his;' "hers;' ~ ~ or "ih;' whtrever the context so implies q admits. Also, that wlxrever there is • reference in the coveos~ts and agreemenri hetein tontained to sny of rhe parties hereto, the ssme shalt be construed to mesn as well as tF?e heirs, legal representatives, succeuors snd assgns (either voluntsry by ad of fhe ' parties w involuntary by operaYan of the !aw) of the ssme and that the covenanti Fxrein contained shall bind and the benefits and advantsges inure ±o the respective hein, lega~ reprexntatives, succeuors and ass~gns of the partiei hereto. W And said Matgsgors, for tfiemselves and their heirs, legal representatives, successors and assig~s, hereby jointty and severafly covenant ar?d agree ro and with the said MORiGAGfE, irs successors and assigns: ~ 1. To pay all and singular r!x pr;ncipsl and intere~t snd the various and sundry sums of maxy payable by virtue of said pramistory note, snd this ~ mort9sge, each and every, promptly o~ tFx dsys rcspectivel/ the same severally become due. ~ ; 2. To psy ali and i~ngular the tszes, sssessmenn, levies, liabilities, obligations and encumb~ances of every nsture and tcind now on said desuibed ~ propertY, a ~hst hereaiter may be impo~ed, suffered. Plxed. levied, or issessed tlroreon, w tF?~t hereafter may be kvied w assessed vpon this Nbrt¢ a~ a9e, w the indebtedness secured hereby, exh ~nd every, when due and psyabte, xcording to law, before they becon+e delinqueM, ~nd befwe any imerest o attaches ot any penalty i~ inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI 8f PROMPTlY $ATISFlED AND DISCHARGED OF a°~' RECORD AND TME ORIGINAI OFFICIAI DOCUMENT (5S1CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFItIAIIY ENOORSED OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS N'cXT AFTER PAYMENT; and i~ tFx event that any thereof is no? paid, sat'sfied ~nd discharged sa:d MORIGAGEF inay at anv t~me pay ?he same w any part thereof without waiving or affectiPg ~ny optian, lien, equity or •~qht undcr a by virtve of this mortgage and the full amount of each and every suth payment shall be immcdiately due and payable and shall bear interest <<om the date thereof until p~;d at rate of nine per cemum per annum and together w~~h such interest tha!! be secured by the lien of th:s morgtsyt.