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Home My WebLink About1021 tii~~v~ THIS INDENTURE. Mad~ IM 25th day of Ma?rch A.D. 19 74--• between _ Richazd H. Bro~m aad ?ereaa H. BYOVin, his wi e' ~ ~ . - of t• LUC @ Cou~fy Florida, hereinaiter d~siyna:ed a~ ~M "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT IIERCE, a corpaation w9anized ~nd existinp under tF+~ laws af 1M United Statos of Am~ric~ s~d Mviny its principal pl~ce of busi~u ie tF» City of Fort Pi~ru. St. l~ci~ County. Fluida. hereinafte~ de~ipna~td ss ~ 22 OOOGEOO WHEREAS th~ MORTGAGOR is 'rystly indebttd to tM MORTGAGEE in the sum of • , qood end lawful money of the Un~ted States advanced by the MQRiGAGEE umo Ihe MORTGAGOR, as evide~ced by a certain promiuo+Y nole ef even date he~ewith, of which the followinq i~ wo.ds ~nd fipure~ is a trw copy, to-wir. 10020734 s22 ` March 2~' Fwt Pierc~. Flaida. 19 i Fo~ vatue received, 1, we or either of ~s, promise to pay, without defalcation, to the order of fIRST FEDERAL SAVINGS AAID LOAN ASSOCIATION OF FORT PIERCE at Fort Pierca, florida, the sum of S22 with imerest trom date at the nte of 8' 9% per annum, i~ monthly install- ments at follows: f 185 ~ en the 20th d~y of ~'y . 19 74 and a like sum on the corrospond~ny day of each month there- j afier uMil the whole be fully paid. Each installrrKnt first shall be applied in paYment of the interest and then o~ the unpaid balance of the princip+~ sum. If default is made i~ the payment of any installment when dve, and suth default continues 30 days, then at the option of the holder, snd witho~t any other notice, all the remaining ~nstallrt?enri shall be dw and payable at once. Privilege is given to p~epay this note in whole a in paA st any time without penalry. Neithe~ fwebearance, nor acceptance by the holder thereof after any defauh in any payments hereon, ahall be deemed extension. A late payn+eM d++?9e of ~--9~ 25 bQ added to each inst~IlmeM remaining unpaid 7 days aiter its dw date, and a like sum shall be added to each such installment remaining unpaid 7 days after each sucteeding paYment date. ; Each maker, surety snd endaser hereof, jointly and severally, waives demand, p.esentment protest and notice of p?otest fw nonpaYment, and further , agrees to any extension of time of paymeM, either before or after matur7ty, without not~ce to ~ny of vs; and to pay all costs oi collection, includ~ng a ~ rea:onable attwney's fee in rhe event of any defauit hereunder, and hereby severally waives al~ benefit of Mmestead and exemption under the constitvtion a~id Isws of each Stare of the United States, as against this obligation or any extensioo o? renewa! hereof. Witness the hand and ual of each party. • (SEAU ~ s/RichaYd H. Brown ~Au (s~?u ~ s Teresa H. Brown ~ ~ ~ $33.00 ) State Revenue ~ cs~+~w<«~.d.o.~s~~~) 22 000.00 ~ NOW, THEREFORE, the MORTGAGOR for ths purpose of secvring payment of s~id sum of s ~ ~nd the perfwmance of the ccvenaots snd agrecments hereinafter expresud, and fw divers ~ood and valuable cauiderations, by thesa presents, does grant, bargain, sell, remise, re!ease, convey -snd confi~m unto the MORTGAGEE, in wccessors and ass'gns, all that certain bt, piece or p+rce~ of land, situate, lying, and being ln the j County of $t . Lucie u~d State of Florida, dewibed +s follows: s Lot 12, Block 55, Unit 5, I.AKBWOOD PARK SZJBDIVISION, as per plat thereof on file in Plat Book 11, page S, public recoYds of St. Lucie County, Floiida, , ~ ~ ~ _ ~ . ~ ,,~dR ~ ~ f ~b ~7'ATE o~ ~ ~ ~ ~ - j , ;r ~,F~i~-yrARr;~_ S ~ ~ 1 ~,c: ! l~ ~~~o?s.~'~~ ~ ~ ~ ~ a - = kEYfNUf ~/ti$P a' t ~N~~~(S ~t ~11~~4 ~ t4`' F ~ o - p~. ~ r:r.A~S•,; ~t~y~ _ ~ ~ ~ _„~p~E~ NS`. .-~E . U2 ~i' Q ~ ' 3• ~ 1 a~ ~ . . ~ . ~ together with sll ~nd singula~ the tenemcnts, heredibmenb and appurtances thereunto belongi~?y or in anywise appertsining thereto, and all rents, iswes. prxeeds and profits xvuing and to acwe from said premises, sll of which ~re incl~ded in the +bove +nd foregoin9 desu'Ptia^ ~^d habe^dum. TO HAVE AN~ jO NOLD ~he +bove d~scr~bed +'+d 9nnted premises unto the aaid MORTGAGEE, its successws and auigns fo?ever• And the sald thelY - heirs, executon, administrators and suigns, hercby covenanri with the ssid MORTGAGEE, iri s~ocesson snd +s~ipm• MORTGAGOR fw fhat ~hev d~_ tawfully seized of the said prem~ses in fee simplr, that tF~e s+me sre free, clesr and dixF~+rged from all 1'~ens ~od sncvm~ brarxrs in law w in eqvity, and that they will and their hein shall wsrrant and defend the titte to the ssms to the s+id MORTGAGEE, ib successors snd +ssiyns, forever against the lawful claims and demands of all persons; ' PROVIDED, ALWAYS that if the MORTGAGOR ihall pay vnto the MORTGAGEE the promiswry note hereinbefote described snd sMll trulY, promPllY ~ and fuily perform, d~scherge, execvte, canpkte, comply with and sb'u!e by each and erery the stipu{ations, agreements, condit~ons snd covenanb of said promissory note and of this Mortgage, tl+en this Mortgsge and the Estate hereby ue+ted shall te~se and be rwll ~nd void- ~ IT IS UNDERSTOOD tMt the wwd "Mortgsgor" whethe+ in the .sirgular or plural anywhera in this Mortgage, ahall be singular if one only +nd shall be plu~al jointly end ievenlly if more ths~ one, a~d that the wad "their" ss used anywhere in this Mortyage sh+ll be tsken to mes~ "his:' "hen;' ~'i or ^its," wherever the conte:t so implies or sdmits. Alw. ~hat wherever there is a reference in the covenants and agreements herein conta'u~ed to ~ny of ~ rhe parties hero% the same shall be construed to mesn ~s well at the heirs, le~al representatives, s~ccesson and asiig~s (eilher wlunqry by ~d of the ~ parties or i~voluntsry by operation of the law) of the same and that the covenanis herein contained shsll bind and the benefib and sdvaMS9es inuro ~ fo the respective hews, kgal representatives, successon and au~gns of the parties hereto. ~ pnd said Mortgagors, fa themselves and their heirs, legsl representativd, successas and auigra, hereby jointly ~nd severslly covenant and ayree to +nd with tl+e said MORTGAGEE, its successors and sssigns: s~? 1. To p+y ell and singular the principsl and interest and the various ~nd sundry wms of nwr+eY P+Yable by virtue of said promiswry note, and tha mortgage, each ~nd every, pranPtly on the days respectively the iame severslly become dve. ~ 2. To pay •II snd si~gulW the taxes, assessments, levies, lisbilifies, obligsYions a~d ~ncumbrs~ces of every natur~ and kind now on said desuibed property, w that hereafter may be imposed, suffered, plsted, levied, w ~ssessed thereon, ar that hereafter may b~ lev'~ed o~ sssessed ~pon this Mort9- age, a the ~ndebtedneu secured hereby, each and every, wFxn dve and paYabk. +ccwdirg to I~w, befae they becomt deli~quent, ~nd befor~ ~ny intere~t artathes o~ any pen+lty is incurrtd; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORO AND THE ORI6INAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANGE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHAtI BE PtACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ 1he event thst sny tlxreof is rw~ pa~d, saYsfied s~d dischsrged sa:d MORTGAGEE may at any time pay ~tx same w any pan thereof without waivir+y w affecting eny option, lien, equity w .~qht under w by virtue of this mortgage and the full amount of each snd evsry such payment shall be immediately due snd psysbk and sMll be~r intere~t t.om ehe date thereof until paid at rate of nine per centum per annum and together w~th such int e s I ured b the lien of Ih:s mo?gta9e• . - do x~~S~~cE~019 - - fi } ~.~4 _ s~F ~y~ ~ , - ~~:i ~ _ - . ~ _ ~ x . . - -