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Home My WebLink About2432 i~~~ ~ {~j ~ g THIS INDENTURE Mad~ tM 7th day of Rebruarv A.~. 19 74 betwaen • ~ Austin L. Broaan and Dorothy A. Bro~n,_ his wife of St . ~.I1Cie ~W~1~y FlOfifli, hereinafter dcsignafcd as the "MORTGAGOR," and i1R5T FEDERAI SAVING$ AN~ LOAN A$$p~lAT10N OF FORT PIERCE, a corporation aganized and axisting under the laws of ths Un~ted Stat~s of America ~nd havirg its principal place of business in ths City of Fo~t Piace, St. lucie County, Fiaida. 1?eroinafter desi9nated as tM "MORTGAGEf." WHEREAS ths MORTGA('aOR is ju~tty indebted Io ths MORT6AGff in the sum of s 18 ~ SOO. ~0 , good and lawful money of thc Un~ted Srates advanced by ths MORTGAGEE unto the MORTGAGOR, as evidrnced by a ce~tai~ promissory note oi even dare he~ewith, o( which the ioflowin~ in words ~nd figures is a true copy, lo-wit: s 18 ~SOO. 00 r,~, 10020627 Fon Pieres. Fb.~de, February 7 19 74 ~ For val,.e received, 1, we w either of us, prom~x to pay, without defalcation, to ~he orde~ of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF I F~RT PIERCE at fort Pierce, florida, the svm of s 18 1 5~• ~ w;th interest from date at the rate of 9• S% per ann_v~, in monlhly install- ~ ~-~eros as fol!ows: t173 • on the 20t11 day of ~=~h , 19~_ a~d a like sum on the cwrespond~ng day o1 eacii n,onth there- afrer until the whole be (uily paid. Each installment fi~st shall be appGed in payment of the interest and theo on the vnpaid balance oi the printipal wm. If default is made i~ the ' pay~nent of aoy installrnent when due, aod such default cominues 30 days, tfien at the option of the holder, and without any other n~itica, all the remaEnirg :nsfallments shall be due and payabte at oace. Privilege is given ro prepay thia nole in whole w in pa?t at any time witha,,t penaity. Neitht~ ~o~ebeann~:, nor acceptance by the holde? the~eof after any default in any payments hereon, shatl be deemed extension. A late paymeM charge of = 8.65 ihall be ~dded to each inata!lmenf remaining unpa~d 7 days aftsr its due date, and a like sum ihall be added to each such i~stallm~it remaininq unpaid T deys af!er each succeeding payment date. Each maker, surety a~d endwaer hereof, joinlly and severally, waives demand, preuntment proteat and notice of protesl fw no~payment, e,~d further agrees to any extension of time of payment, either before or affer maturity, without notice to any of us; and to pay all costs of co~lection, irxlud:ng a reasonable attwney's fee in the event of any default hereundar, and hereby severafly waives all benefit of homestead and ezemption urder tha constitution j~,d laws of each State of the United States, as against this obtigation or any eatension or renewal he~eof. Witness ti~e hand and seal of each party. S/ Austin L. Bzoaan ~AU t . - r • (SEAI) S/ i~orothy A. Brogan ( ~27' 75 ~ State Revenue «~r i5 or~t ss~aslMda s~~~ mee) NGW, 1HEREFORE, the MORTGAGOR for the purpou of securing paymenf of ssid sum of S 18' s S~ • QD ~ and the performance of the ccvenants and agreements hereinafter expressed, and fu divers good and valuabte considerations, by these presents, does grant, barga+n, sell, rem;se, •elease, convey and confirm unto ihe MORTGAGEE, its iuccessors and assigns, all that certain lot, piece w pucel of land, situate, lying, and being in the Co~nry of $L • I.11C1Q' snd State of Fbrids, described as follows: ~ Lot 21 less the North 40 feet, and all of Lot 22, glock 4, SILVER LAKE PARK SUBDIVISION, as per plat thereof on file in Pla~ Book 10, page 4, of the pubiic records of St . Luc ie County, Fiarida, f tO 1 _ ~ ~.0~?,;- 1 ~,.1.. ~,P~~~~ : y ~S~ ~ ~ ~ , ~ o~ - ~5~-~ ~j ~ T G'j~C v[,~~N- .~U~ ? ~ " RECENEi? ~i~ N GC ~EV~- 4 ~~~,.:t' I"1 PAYMEf,T Or V,k~:; `o O~ ~p~ . 1~~ 1'.~'+ ~ WE OH Cl.ASS 'C lNJA#G18lE °E~~s„rUt P~~?p~:T~ ~n q6Y' r;:~ ~ i PURSIY,Ni TG Ck;1??:.^ 71-134, aC7S Qf I931, Rl,y~[- r'' r p.&f RC::E2 PflITP.t1S - c-, ~•1~"2 rtERK CtP.qHt qURT, SC. ll;Ctt CC~~ fLA. o 'S ~ ~ogrther w;th al! and singular the tenements, hereditaments ~nd appurtances thcrtunro belongirg or in artywise appenaining thereto, and ~II rents, issue~, ~ proceeds snd profits acuuing and to scvue from ssid premixs, all of which are included in the above and faegoing description and hsbendum. , TO HAVE AND TO HOID the above described and granted premises vnto the said MORTGAGEE, iti successors and assigns foreve~. Md the said Lt161Y MORTGAGOR fo? heirs, executors, administrators snd assigns, Fxreby covenants with tF?e seid MORTGAGfE, in suctesson and ~ssipra, rhat they-~'-~~,--_ lawfully u~zed of the said premius in fee iimple; that the wme are free, clea~ and discharged from all licns and encw~r brances in law or in cquity, and that thev M,;~~ a~ t~_ hein it~atl warrant sod defend ~he tide to the same to tFie said t1.ORTGAGEE, its successon and assig~s, fwever against the lawful clsims and demands of •11 persons; PROYlDfD, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory ~ote hereinbefore dewibed and ihall truly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulstio~s, agreemrnri, conditions •nd covenanta of s+id promisswy rate and of this Martgage, t?ien this Mwtgage and the Estate hereby vested sha{I cease and be null and void. IT IS UNDERSTOOp that the wwd "Mwtgsgor" whether in tF~e sirgular or plursl anywhen in this Mortgspe, ihsll be singular if one only and , shall be pturol jointly and severally if mwe thsn one, ~nd tiiat the word "their" as used anywhere in this Mortgsge shall be faken to mean "hi~;' "hen," or "its;' wFxrever the context w implies w admits. AJw, thal wherever there is a ~efe~ence in fhe covenants snd sgreemenri Fxrein contained to ~ny of the parties hereto, the same shall be construed to mesn as well ss the heirs, kgal representativet, iuccessors and assigns (either vol~ntary by ~d of tF~e partie~ w involuntary by ope~ation of the law) of the same and that tF~e covenants herei~ contained shatt bind snd the beneFit: ~nd adva~tages invre to the retpective hein, kgal ropresentstives, succeuon snd ass~gns of the parties hereto. ' And ssid Mortgagors, for themselves and their he'us, legal reprexntatives, successors a~d aui9ns, hereby joently snd sevaally cwenant and agree ro and with the said MORTGAGEE, its successori and assigns: 1. To pey all and singuls~ the principal and intcrest and the various and sundry sums of money payable by virtue of said prom~ssory note, and thii mortgage, esch snd cvery, prompfly on ~F~e days respectively the same uverelly become due. 2. io pay all and singular the taxes, auessments, levies, lisbilities, obligations and encumbrences of every nature and kind now on said dewibed properry, or thst F+ereafter may be impoud, avffered, plxed, levied, w assessed tF~ereon, w that hereafter may be Ievied a usessed upon this Morig- age, or tke indebred~ess secured hereby, exh ar+d every, when due snd payable, sccording to law, befwe they becar~e delinquent, and betor~ any iMe~est attaches o~ any penaity is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 8E PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OfF(tlAl OOCUMEN7 (SUCH A5, FOR JNSTANCf, THf 7AX RECEtPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NfXT AF1ER PAYMENT; and in the event that any thereof is not paid, sat"sfird and dixharged sa d MORTGAGEE may at any time pay the same w any part thereof wilhout w~iving or affecting any option, iien, equ+ty or •~aht under or by virtve of this mortgage and the ful! amount of each and every such payment shall be immediately due and payable and ihall bta? inte~est ~.om tix date thereof until paid at rate of n~ne per centum per annum snd toge~her w~th such inter~est ~4)secur~ y`~t n of th:t morqtsye. t--¦ ~_S e~nrJR~~