HomeMy WebLinkAbout1836 THIS INDENTURE. Made ~he_ ath day of ~rCh , A.~. 19_ 74 ber«crn
~
Qonald G. 8rowr~ and Bri~itte B,_
Brow~ his vife
of $t• i'uCi@ C4unry Florida, hert~nafter des~~n3~ed as ?he "MORTGAGOR." and FIRST fEDERA~ SAVINGS AKD IOAN
ASSOCIATION OF FORT PIERCE, a co~porat~on oryao~zed and existing ur~der ~he laws oi the Umted $~a~~s of America and having itt pnnupal ptace of
buiiness in ths City of fort P~erca, St. lucie County, Florida, hereinatter designated as the "MORTGAGEf."
WHEREAS Ihe MORTGAGOR is juil(y indebted to the MORTGAGEf in rhe sum of s_ 32!OOO' 0~ good and lawful mo~~ey of the Un:ted
S~3trs advanced by the MORI~.AGEE unto the MORIGAGOR, as ev~d~nc_d by a cen;,n pran~ssory note of rven da~e he~rw~~h, of ~rh:ch the fo~tow~~~g in
wo~ds and ii urOOs a true copy, to-wit: 1~2~70
s 32 , Ot~ •
No
For~ Plerce, Flwida, ~rch 4 19 74
fw va{ue r~zfved, 1, we or eithea of us, prom,se to pay, w~~hout de~alc~t~on, to thr order of fIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF
`ORT PIERCE at fwt P~erce, F1o~ida, the sum of 5--32-L~~~-~ w~~h int rpst from date at !he rate of _
8~ 9OO per aniwm, in monthly i~s~ail-
•,ents as fo::oW:: s_269~~-__ on fhe ?~th day of ___~r31 , 19 ~4 and a like wm on the correspond~ng day of cach month there-
~!~rr un~il tne whole be fully ~a~d.
Each ~nsiallmant (~rst shall be appi~ad in payment of the inferest and rnen on rhe unpaid batance of the p.+r.c pal wm. If defav'.t is made in the
,,;mrai of any i~ut_31t~nent v+hen dua, and auch detault cont~nues 30 days, the~ at the opuon of the hoider, and wi~ho~t any other not~cc, atl ~he remaini~ig
~srall,nents shall be d~e and payabEe at u. ce. Priv~iege is g+ven to prepay this note whole or in parl at any r~me without penalty. Nerther (or~bearance,
nor acceptance by the ho:der thereui afrer any default i~ any payments hereon, shaU be deemed exre~s~on. A lare paymem charge of S 13 ~45 sha11 be
-.i:led to each insfaliment rema~ning unpa~d 7 deys after its due date, and a li?.e sum shall ?,e added ~o each such instailment rema~ning unvaid 7 da~s aftrr
~•_+ch succeeding payn:ent dere. , '
Each maker, surety and endorser hereof, jointly and sevzrally, wa~ves demar,d, presentment p~otest and notite of protest lor nOrtpaynient, and furfher
a:~~ees ?o any extens+on o! nrne of poyme»l, cithe~ bafore or aftrr r.,atur~ty, wi~hou~ ~~ot~~e to any of us; and ro pay ail cosfs o! col!rction, inc.ud Rg a
r~~.~sonable atrorney's fee in thr event oi any defautt hereunde~, and herebf sa~.rratiy waives ali benefit of homestead and exrmption under the tonstit~tion
ri la~n•s of each Stat~ of the United Sta~es, as aga~nst this obi:garion or any earens:on or rene.va! he~eof.
W~t~ess the hand and aeat ot eaci~ party.
_ s/Ronald G. Brown (SEAI)
(SEAL)
_ s/Brigitte B. BroKn (SEAI)
548.00 ~ State Revenue (SEAI)
isren~pstaneeqed~onbng;era~ ~et~
NO:Y, THEREFORE, the MORTGAGOR for the pu~pose of securi~g payment of said s~m of S 32~~~~•~~ and the performancr of the
covenaMS and agree~nents hereinafter expressed, and for d~vers good and valuabte cons~derahons, by the~e presems, dces g~ant, bargafn, selt, rem~se,
_+ease, convey and confirm unto the MORiGAGEE, its successors and ass~gns, al{ that certain iot, piece or percel of land, situate, lying, and be~ng in the
County of St. Lucie and State of Flcrida, deuribed a~ follows:
The North 100 feet of the South b15 feet of the Nozth ~S of Governnent
- Lot 8, Lying West of Fernandina Street (which street is shown on the
Plat of Tropical Beach Subdivision, Blocks 3 b 4, according to the Plat
thereof in Plat Book 10 at page 9, of the Public Records of St. Lucie
County, Florida) in Section 1 Township 35 South, Range 40 Bast,~.
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. RECEIVED ~
IN PIUfMp~ ~
~GF ON ~'C' 1NTIW61p OF T
- , _ pU lE PE . .Ja1Al P
. ` Tr~-,,T?- r-t t'' ~ R3tWlr 10 fliAF'TFR 7l-13~t. ACiS ~E~IY,
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~ 'ogether with aIl and singular the tenements, hereditaments and appurrances thereunto belonging a in anywise apperlaining thtreto, snd all rents, issues,
aroceeds and prof~ts acuuing and to accrue from said premises, all of which are included in the above and foregoing descriptio~ and habendum.
~ TO HAVE Ayp T~~=OtD the above desaibed and granted prem~ses unto the said MORTGAGEE, its suctessors and assigns forever. And the iaid
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'.':ORTGAGOR for heirs, executors, administrators and ass~gns, hereby covenants with the ssid MORTGAGEE, its successws and assigns,
they are
~har lawfully sei:ed of the said premises in fee simple; that the same are free, clear and discharged irom atl liens and encum-
; ~~~ances in iaw or in equ~ty, and that they W~~~ a~ their _ ~,e;~s shall warrant and defend ~he title to the same to the said
'+',OR7GAGEE, its successors and ass~gns, fwever against the lawful ciaims and demands of all persons;
; PROVlDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay note hereinbefore described and ihall truty, promptly
and fully perform, discharge, eaecute, complete, comply wirh and ab~de by each and every the stipulations, agreements, conditiona and covenants of said
p~omissory note and oi this Mortgage, then rhis Morrgage and fhe Estate he~eby created shall tease and be null and void.
' IT IS UNDERSTOOD that fhe word "Mortgagor" whether in the s~ngular or plural anywhere in this Mortgage, shall be singular if one only and
' shall be plural jointiy and severally if mwe than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his," "hers,"
i or °its," whereve? the context so impties or admits. Also, that wherever fhere is a~eference in fhe covenants and agreements here~n contained to any of
i the parties hereto, the same shall be construed to mean as well as the heirs. legal representatives, successo?s and assigns (either voluntary by act of the
partiea or involuntary by operation of the law) o~ the sam.e and that the covenants F.erein contained shalt bind and the benefits and advantage~ inv~e
to the respective he~~s, legal represenfatives, sutcessors and ass~gns of the parties hereto.
~ And said Mortgago~s. (or themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severa{ly tovenant and agree
i re and with the said MORTGAGEE, ~ts successors and assigns:
1. To pay all and singular the prirKipat and inrerest and the various and sundry sums oi money payable by virtue of said promFssory note, and this
mortgage, each and every, promptly on the days respect~vely 1he same severaUy become due.
F 2. To pay all and ~ingular the taaes, assessments, levies, liabilities, obligations and encumbrances of every natu~e and kind now on said described
} property, w that hereaiter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be ievied w assessed upo~ this Mortg-
age, o~ the i~debredness secured hereby, each and every. when due and payable, accord~ng to law, before fhey bccome delinquent, and be~o:e any interest
a!ttches or any penalty is i~currea~; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPiIY SATISFIED A~1D DI$~HARGED OF
RECORD AND TNE ORIGINAI OfFICIAI DOCUME~Ii fSUCH AS, FOR INSTANCE, THE TAX RECNPt OR iHE SA71$FACiION VAVER OFfItIALLY ENpORSEO
02 CER7IFIED) SHAIL BE PLACED IN THE HANDS OF SAID MORTGAGEE WtiNIN 7EN OAYS NcXT AFTER PAYMENT; and ~n the event that any thereof is not
Fa~d, sat sfied and d:scharged sa d r.~ORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any opt~on, iien, eq~ity or
•~ph: under or by vi.tue of this marrqage and the fu~l amovn! of each and every such paymeM shall be immed~ately due and payabte and shall bear interest
~~om the date thereof until pa~d at ~ate of n,ne per cenrum per annum and together w,+h s~ch -iit~Fyll be sec e lie~ of th:s morgtage.
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