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HomeMy WebLinkAbout2146 280612 l~ . ' IOth THIS INDENTURE, Made the day of ~Z il A.D. 19 74 , beiween James C. Br stow and Janet C. Bristow, his wif~ _ ,f St • l.uC~~ ~p~~~y Florid~, hereinaf~c~ des~ynated as the "MORTGAGOR," and FIRST FEDERAt SAVINGS Ar;~ IOAN ASSOCIATION OF FORT PIERGE, • corpwa~ion wganizcd and ex~s~irg under thc laws oi the Un~ted S~aqs of America and having itti principal plec~ of busineu in the City of Fort Pierce, St. lucie Coumy, Florids, hereinaitar designated as ths "MORiGAGEE:' WHEREAS the MORTGAGOR i~ justly indeb~ed to the MORTGAGEE i~ t/re sum of j 38 ~ 2O~' ~ , goud and Iswful money of the L'~ ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cenam promiuory note of even date herewith, of wh~~h tt:e fol~owu~g in ,vords and figures is a trus topy, lo-wit: s 38,200.00 ' ~0 10020783 Fwt Pierce, Florida, APril 10 ~q 74 fw value received. we w either of us, promise to pay, without defa~cat~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOt1AT10N OF ~ORT PIERCE at Fort Pierce, Florida, she sum o1 S~?~~~ w~~h interes? fr.xn date at the rate o~~75_°o per annum, in momhly install- ~~e~n as (ot!ows: S 315• ~ ~ 1~ ?~hday of 19-_7'4 and a like sum on the correspo~d~ng day of each month there- after until 1he whole be fully paid. Each installment firat shall be applird in paymenl of the interest and then on the unpa~d balance o( the p~inc~pal sum. If defau!t is made in the ; a~~nent of any instatlment when due, a~d such default conlinues 30 days, then at the option of the hoider, and wiihout any other notice, all the remain~ng ,~atallmems shail be due and payable at once. Privilege is 9iven to prepay this note in whole o~ in part at any time withoul penalty. Na15~ 7S6earance, nor accepta~ce by the holder thereof after any default in any paymenls hereon, shall be deemed extens~on. A late payment charge of S , shall be ~:lJzd to eath installment re~~aining u~pa~d 7 days after its due date, and a tike sum shall be added to each such installment ~emaining unpaid 7 days after each succeeding payment date. Each maker, surety and endo~ser hereof, jointly artd severally, wa~ves demand, presentment protest and notice of protest for nonpayment, and further a~~ees to any eztension of Nme of payment, eithrr before w after maturity, witnout notice fo any of us; and to pay a? costs of collection, indud!ng a rr~sonable attomey's (ee in the evem of any defauit hereunder, and hereby severally waives all benefit of homestead artd ezempt~on un~er the const~tution ,~~,d laws of each State of the linited States, as against this obGgation w any eztens~on or renewal hereof. Witness the hand and seal of each party. (SEAL) s Jases C. Bxistow (SEAI) ~'~3 CQ ' (SEAL) s anet C• ~1StOM (SEAI) ~ $ S7. 30 ~ ~tate Revenue ~ • iiKwwp~ ~~eMsd~cw ~i~iwl.w~e) NOW, THEREfORE, the MORTGAGOR fw the purpo:e of securing psyment of said sum of i2~• ~ and the performnnce of the covenants and agreements hereinafter exp~essed, and for divers good and valuabte considerations, by these presents, does grant, barga~n, sell, rem~se, re:ease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, atl ihat certain lot, piete or parcel of land, situate, lying, and being in 1he County of St. LuCie and State of Ftorida, desuibed a~ follows: Lots 28 and 29, Block 58, SAN LUCIB PLAZA SUBDIVISION UNIT 1, according to the plat thereof on file in Plat Book 5, Page 5'7, Public Records of St. Lucie County, Florida, , i t i { , , ~ Y ~ ~ STATE ~F FLORl~!'~ ~ z - ~ DOc:UMENTAR~".r~=~ STAMP T!~?~ I ~ JEP~. i1F HEtiENUf~~`~~ ~:S ~ ~ RECEtyED !1 ~ ~ t. ' l ~ N - _~r:!:6'7i i'~,.- f' ' S 7. 3 0 1 CLASS 'C' fNT' IN PqrME1Y1' " r^ _ lPB,- :~`~."j ~ ~1RSUAJYT TQ µ61BlE PEq ~ T~~S ~ 0 2 I ~~F4 7l-134. ACI~SMAI pRppER(Y~ F ClfRl{ RUGr? Pr)IrCp., ~ l911. :-~t X C~!'CUIi C(j:l~l _ ~i / xs . .i.. t., _ ~7 F~~ / 4< ~ ~ ~a C~_ ~ay~y 7e~ 'ogether with all and singular the tenemems, hereditameMs and app~rtarces thereunto belonging or in anywise appertaining therefo, and all reNS, issues, proceeds and profits acuuing and to accrue from said premises, all of which are induded i~ the above and fwegoing deuription and habendum_ ssi TO HAVE AND TQ HQID the above descr~bed and graroed prem~ses unto the said MORTGAGEE, its successors and ssi~gns forever. And the sa' ti',ORTGAGOR for t[lelr ~;~s, executors, adminisrrators and assigns, hereby covenants with the said MORTGAGEE, its successon +nd sssigro, ri,at - th~ ~awfully seized of the said premises in fee simple; that the same ue free, clear and discharged from all liens snd encurtr brances in law w in equity, and that they W;~~ a~d theiY heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, forever against 16e lawful daims and demands of all persons; - PROVIDED, ALWAYS that if Ihe MORTGAGOR shall pay unto the MORiGAGEE the promisso?y note hereinbefore described and shatl truly, prompllY and fully perform, d~scharge, execute, comp~ete, comply wi~h and ab~de by each and every the stipulations, agreements, co~ditions and covenants of said - promissory note and of this Mortgage, then this Mortgage and the Estate hereby created sha{I ceax and be null and void. z:.~ , IT IS UNDERSTOOD thst the wud "Mortgagor" whether in the s~~+gular w plural anywhere in this Mwtgsge, shall be singular i one on y a shall be plural jointly and sevcrally if more than one, and that the word "their" a: used anywhere in this Mwtgage shall be taken to mean "his," "hers," `'.z or "its," whereve~ the conteat w implies o? admits. Also, that wherever there is a refe?ence in the coveoants and agreemems herei~ contained to any of ~c rhe parties hereto, the same shatt be construed to mean as wetl as the heirs, legal representatives, successws and assigns (either voluntary by sct of the parties or involumary by operatan of the law) of the same and that the covenants herein contained sha~l bind and the benefits and advantages inure ro the respective he~rs, legal rep~esematives, successors and assgns of the parties hereto. And said Mortgagors, fw themselves and their heirs, legal represeMatives, suctessors and assigns, hereby jointly and severally tovenant and ag~ee ~ to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singulsr the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgage, exh and every, promptly o~ the days respectively ihe same severally become due. 2. To psy s~I snd s7ngulsr the taxes, assessments, levies, liabi{ities, obligations and encumbrsnces of every nature and kind now on ~aid desuibed = prope~ty, a thst here~fte? may be impoted, wffered, p~sced, levied, o? assessed thereon, w that F?ereafter may be levied w assessed upon this Mortg- age, w the indebtedneu secured hereby, exh and every, when due and payable, xcording to law, before they become de~inqueN, and befwe ~ny intereit 31tLC~1tS or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RE~ORD THE SAME SHAII BE PROMPiIY SATISFIEO AND DfSCHARGED OF RECORD AND TNE ORIGiNAI OFFICIAL OOCUMENT 15UCN A5, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIALLY ENDORSED ~ CR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and in ?he event that any therlof is no~ ~ pa:d, sat sfied and discharged sa d MORTGAGEE may at any t~me pay the same w any part thereoi without waiving or affecting any optio~, lien, equity or - •~qht unde~ or by ~~rtve of this mortgaye and tFe f~l! amo~nt oi each and every such payment shall be immediatefy due and payable and shall bear interest ~•om the date thereof until pa~d at ra~e of nine per cemvm per annum and together w~th such interest shall be sec~red by the lien of th's morgtsge. ~t: : ~-a: - ' " " ';s' ~ - ~ ~ : _ , _ . . : _ _ . . - ` _-~rc"