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HomeMy WebLinkAbout0172 ~ ~~3~34 ~ THIS INDENTURE. M+d~ ~M 29th day of M~y A.O. 19~.. betwK^ j Richard D. Beraen and Jan~t 9 Beraan h3a rife f _ _ of St . Lucie ~a,,,y Fb,;d., h~r~inaiter dt~g~~ated as the "MORTGAGOR;' and FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ cwpo?atiort wp~nised and existin~ unda ~M laws of ths Urtit~d St~t~i of Americ• +~d h+vlnp in printipsi plac~ of cusinass in tM City of fwt PiKCe, St. l~ci~ County, Fbrida, hereinahtr dts~p~?+tad ss tlw "MORiGAGEE:' WHEREAS ih~ MORTGAGOR is jvuly irx~tbt~d ro tiw MORTGAGEE in the ~um oi : 32 ~ ~ 9ood end lawfu~ moRey of the Unitcd , States advanced by ths MORTGAGfE unto ths MORTGAGOR. ss ovide~ced by a certain ptomiuo~y nole oi eve~ date herewilh, of which the followiny in ~32 ~ g•re~ s trw copy. ~o-wi~: ~ 11000229 May 29, 19 Fort Pia~n, Fbrida, fw value received, 1, we or eilhet of us, promise to pay, witho~t defalcatio~, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE af Fort Pierce, florids, the sum of s 32 ~ w;th interest from date at the rate of 90 ?er annum, in mo~th~y initall- ~ • ments as follows: Z on the~th d+r ofSe~teaber , ~q 74 and a like sum on the cwrespond~ru~ day of each month there- ~ after until the whole be fully paid. ~ Each installment first shall be appfied in paYment of ths interest u+d +hen on the unpaid balance of the prir~upa) sum. If default Is made in ths ~ payment of any installment whe~ dw, and such default continues 30 days, then at the option of the holder, snd without any other notice, all the rcmaining ~ ~natallments ih~ll be due and payable at once. Privilege is given to prepay this note in whole w in parl at anY 1~me w~thout pena~ty- Neit14 fwM ar i~x~ •~`~Yha nor saepfsnce by the holder thc~eof after eny default in any payments hereon, shall be deemed extension. A late payn+eM ~harge of ~ added to each irutaflment remaining ~np+id 7 daYi after its dw date, and a like ~um shall be added to each such installment remaining vnpaid 7 days after each succeeding paYmeM date. Each maker, surery and endwser he+eof, joiMly and severally, waivcs demand, preseroment protest and notice of protest fp nonpayment, and further agrees to a~y extensiw+ of time of payme~L either be(ore w after maturity, without notice to any of us; and to pay all costs of cdlection, includ~ny • reasonable attwney's fee in tl+~ event oi any default hereunder, and hereby severaliy waives all benefit of homestesd ~and exemption under the conitiluf'an and laws of each State of the United St~tes, as against this obligation a any extension w renewsl he~eof. Witness the hand and sesl of each pa?hr• S/ Ri~cha?rd D Berae. n_ csEnu csEA~) ' ' • t• S/ Janet S. Ber9en ~?u - ~ ts~w t ~ ) Stete Revenue + ~ X 32 00~.00 ! NOW, THEREfORE, the MORTGAGOR for the purpose of securiag payment of ssid sum of Z ~ and ti~e performan~.s of the covensnta and agreements he?einatter e:pressed, and fw divers good and valwbl~ conaiderations, by these presents, does graM. Y~pain, se0, remiu, reteau, tonvey and confirm unto the MORTGAGEE, ih suctesson u?d auigns, all that certain lot, piece w parte~ of I~nd, sitvate, 1~ and being in the County of St . Lueie and Sate of Fbrida, described ~s follows: The South 175 feet of Outlot 16, the South 175 feet of the West 140 feet of Outlot 15, the vacated 20 foot right of way in Block 75 lying be- tween Lots 9 and 17, Lots 17 and 18.of Block 75yand the 40 foot.vacated Third Street lying adjacent to the South of Lot 18, Block ?5, all being in Section 4, Township 36 South, Range 40 Tiast, WHITE CITY SUBDIVISION OF Sections 3, 4, 5, 8, 9 and 10, 2ownship 36 South, Range 40 East, according + to the plat thereof as recorded in Plat Book 1, Page 23, af the Public Records of St. Lucie County, F2orida. i . IC~~~ - ~ T~,TE ~F Ft-~R ~ ~ pO~UMENTARY~~ ~ .~,STA____M-rP -.T-A ~ ~y~ f • • ' ~ N DEPT. (sF REYEt~lUE ~ ? _ ~c - = !tA't31'N ? 4 8. ~ 0 { _ RECENED • ~ IN PAYMEttT OF TAXES = P.e. i~`:.:.-• I DUE ON ClJ1SS'C INTAN6IBLE PER90NAl PROPERiY, o t~~2 - PURS!lANi TO CFi1PiER 71-134. ACTS OF 1W~~ 1pfiER POITRAS - CLFA~ CIRGIIT OOURT, ST. UIC~ 00., F1A together with all and sing~lar the tenements, hereditaments +nd sppurtances thereunto belongirg w in ~nywise appeAsininp therefo, and dl rents, iuues, proceeds and profin accruirg and to ~ccrue from said prem'~ses, sll of wFi~ch ~re included in the above +nd foregoin9 descr~PYan and Mbendum. TO HAVE AND TO HOLD the +bove d~su'bed a"d granted premises unto fhe said MORTGAGEE, i» s~?ccesson and +ui9^s fwever. Md tM said MORTGAGOR fa their executon, administrators snd suigns, hereby covenants with the s+id MORTGAGEE, i» succeswn and +isiyru, rhat the}t ~1'g.-- lawfully ~~zed of the ssid prem~ses i~ fee simplr, that the ssme are free, clesr snd discharged from •II liera uid encvm- brances in law a i~ equity, and ths+ they will ~nd their hein shall wurant and defend t}w title to Ihe same to ths s+id MORTGAGEE, its s~ccessors and auigns, forever against the lawful claims snd demsnds of ~I) persaa; i~ PROVIDED. ALWAYS thst if the MORTGAGOR shall pay unto the MORTCsAGEE the promissory rats hereinbefwe described and sMll truly, ptomPtlY and fully perfwm, dlxF?arge, execute, then'this 11M1at'Y e~and tFu,Es~+ e hereby uea ed sFmllecease'aand be null and~vo~d. itio~s and covensnts of ~+id ~ promisswy note and of this Mortgage. 9a9 IT IS UNDERSTOOD tiwt tFro wud "Morty+gor~' whe~her in the sirgvlsr w plvral ~nywher~ in this Mortgspe, shall be sinpular if one only ~nd ~ shall be plurd jointly and sever~lly if more than one, s~d thst the wwd "their" as v~ed snywhere in this JMortgsge shatl be taken to me~~ "ha:• rs.• ~ or "its,° wherever the context so implies o? +dmiti. Also, that wherever thcre is • reference in the covenants a~d egreemenb herein contsined to amr of.,s t the psrtiti hereto, the s+me shall be construed to me+n ss well at the heirs. kgsl representatives, successus snd sssipns (either volu~tary by act of tM ~ parties or involuntary by operaiwn of the I~w) of the same snd tMt the covcns~ts herein contained shall bind and the benefin and advantaQss inure ~ , ro the respettive heirs, kgal rcpresentetives, succeswrs and au~gns of the psrties hereto. ; ~ A~d said Mortgsgors, iw themulves and their heirs, legal reprexmatives, urccessors and suigru, hereby joiMly and severally covenaM and spree i ? to and with the said MORTGAGEE, its s~ccessors and auigns: ; ~ 1. To pay sll ~nd sirgular the principal snd intaest ~nd ti+e variovs and sundry sums of mo~eY P+Y+b1e bY virtue of said promissory note, +nd thu ~ ~ ~ mortgsge, tsch and every, promptly on the d~ys ~espectively the ssme severally become due. e~ ; ~ 2. To p~y all ~nd singular tfie »~ces, aisesu++ents, levies. liabilities. oblig+tions snd encumbrances of every nature and kind now o~ s+id desc?ibed ~ I property, a thst hereafte~ m+y be suffaed, plxed, levied, or assessed thereon, a that heresfter msy be levied w ~ssessed ~Pon tl?is Nbrt9' age, w the irdebtedneu secured hereby, e+ch and every, when due and pay+ble, accordiny to faw, before they beco~+e delinqueM. ~nd befa~ ~ny int~rdt ~ a~taches a any penatty is incurrcd; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAI OFFICIAL ~OCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED ~ ! OR CERTIfIED) SHAtI BE PLACED IN THE NANDS OF SAfD MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in the event that any thereof is ~wt , paid, sst:sfied and diuhsrged sa:d MORTGAGEE msy st any time p+Y the same ot any part thereof without waiving a sffecting eny opYa~, lien, equity w ~ .~qht under or by virtue of this mongsge +nd ~he full amount of each and every such paymeot shall be immcdiately due a~?d p+yable snd shall besr interest ~.om the date thereof until psid at rate of nine per centum per annum ind together with s~ch interest shall be secured by the lien of th:s morytaye. ~ , ~ 4~ T..:eY - V _ - - _ _ ,m .+~EZ . .~~+''w~~s~- .v:.~.•~ ~ w ~.r.- x ~ - . K~ . . ~ ~.'.~.~~.'?,,,~:~.r'~'z-..' , a -