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HomeMy WebLinkAbout2653 L ?~SQ~6 TH~S INDENTURE, Mad~ the 218t' dsy of Jl1IIe . A.D. 19 7~ 'betw~e~ Willia~n Earl Braun and Carol3m Jane Braun, his Wi~e,~ - ' . - . ~ of C~ •~C~~--, County Flor~ds, hereinsiter designated ss tF+~ "MCRiGAGOR," and fIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF fORT PIERCE, a corpaat:on ag~nized a~d e~ciitinp u~d~e+ 1M ~awf o! the Un~ted S~atoi of Americ• and Mving in principal pl+ct of 6~a~ness in ths City of Fwt Pierce, S~. iucie Go~nty, Flwid+, hereinaher desig~p~ed ss tM"'MORTGAGEE:' f ~ od and tawiul mo~ey o( the Un~ted ' WFiEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in ~he suai of . 9~ S• ~res adver~ced by the A50RiGAGEE unto the h10klGAGOR, as evioe~~u.~d by a certa~n promiuory note o~ eveo dale herswith, of wh;th the iolbwiny in ; .:urds anM~.~~igur~is a t~ue copy, lo-w~t: 10~f~p~ ~ ~ y s_ 53~w . ~ fort Pierce, Flw~da, .iu~A ~l ~ 19~ For va!~r rece~ved, 1, v.r or eit!~r ol vs. pro~+~~se tu pay, w~thout defa!canen, to ~he order of FIRST FEDERAL SA~VIN~+GS AND IOAN ASSOCIATION OF ~0~~ w:+h ~n~r~est from date at the rate of 7~J % per annum, ln monthly install- : 1i PIERCE al fur~ ,P-L:e~ce, f!ori~a, ~~e sum ot S-~1 ~ .ts as tu.!ows: 5-~-~~ ?~h day of ___Au¢ust 19_Z~ aod a like sum on the cwreapoo~u?g day of each month there- S unti3 ~he whofe be i~11y pa~d. ~ Each instatlment fint she!! be ap~tied in payrne~t of the interest and tl.en en the ~npaid ba~ance oi Ihe princ~pal sum. If defauh is mede in the ~ nrnt of an~r ~ns~ai~ment wt~en due, and such defa~lt conti~:ues 3a days, thrn al tne option of the holder, and without any other notice, all the remai~ing ~,i,!Iments shall be due and payab:e at once. Prrvilege is givan to prepay this note in whole or in parl at any time withovt {xna~b. Neither fwebearant~, • o- accep~ance bY the ho4des thereof after a~y default in any payments hrrron. shal! be deemed exteosioo. A late paymea~ tharge of =2.1.~-. shall be d to each instaNment ~emainiig unpa:d 7 days after its d~a date, and a h~e sum ahefl be added to each such instalimem rema~ning unpaid 7 days aher :-_h succeeding payment date. Eacfi maker, surety and endorsan c~veof, join~:y and srveratly, w~~ves dema~~d. presentment protest and no~ice of protesf for nonpayment, and fuAhet ;•_•es to any e>tens~on of t~me of pay~nent, e~ther be(ore or after r:~a~u~ity~ 'Nt~fl'JU~ not+ce to any of us; and to pay alt costs of co~lecfion, includ~ng a ,~nable attorr,ey's iee in the event of ~J,:fa ~A nereundar, and hereby severelty waives all benefit of humeitead and exemptien urtder the co~stifut~on , i!an•s of each State o! the Un~te~ States, ~s aya~:~st this ob~~gar:on or any extension o~ renewal hereof_ ' Witnes~ the hand and aeai of each party. S~ ~1~S11iSlq E8Y•1 Bl'811I1 ~ (SEAL) i (SE/?U ; S Caroivn Jane Braun cs~?u ~ ~ State Reven;x •5 ~ Tprcen~ile~d-ow.os~9ioai ~ta3 NO'N, THEREFpRE, the MORiGAGOR for the pur~ase of securing payment of sa~d sum of s~~~0•~ ~nd ihe performance Of the -.e-ants and ag~eemems hereinafter expressed, and for divero good and ~aluabie conalderatio~s, by these presents, does graN, bargain, sell, remise, e, convey and cu~f:rm unto the MORSGAGEE, its successors and assigns, atl that certai~ lot, piete w p+rtel of Isnd, situate, lying, and being in ths :c::ney of S~i. ~11C~A a~d State of fbrida, descr~bed as follows: ~r~ the South~est corner of the NF1~ of 9ection 29, Toimship 35 South, Range 40 East, run xorth 88° 39' 46" East 5~•28 feet; thence n~n North 1° 0l~~ 16" East 127•40 feet; thence run ~outh 88° 39' 1~1~" East 20 feet; thence run North 1?° 11 ~!~6" East 153• ~tS feet; thence run North 7° 56' 29" ~1~est 169•28 feet to Point of Beginning; fros~ said Point of Beginning ; run North ll° 36~ West 138.15 feet; thence run North 26~ 17' West 13~•65 feet to a point - on the North line of the ST~ of the Sf~ of the NW~ of Section 29, Totirnship 35 South, Range 40 East; thence rnn East on said North lirie 203.79 feet to the Northeast corner of said ~ of SF$~ of NT~; thence run South along the East line of said Si~ of Si~ of NF~ 256 feet; thence run South 88° 12' 30" West 111t.20 feet to the Point of Begirming; ~ The above-described parcel lying and being in the S1~ of the S~ of the Ni~ of Section 29, ; To~mship 35 South, Range 1~0 East, St. Iucie County, Florida, and being sub3ect to a road ~ f easement along the East 10 feet thereof; - € . . . U STATE ~F FLQRiL~Q t jC6-~J INPAYMEt~~p ~ DO~UMENiARY,~'~: STAM? ~ ~ ,ORl~CDA ~ REGEIY~ ,C ~Nj~618LE~A~~' ly~L ~[1q ~ UEYT. (ff REYE1+liJE `c`~~'~ , ~TA~~ ~ pUE ON C11~ jER 71-13~1. ~~S ~ U - , _ ~ w~r24•~~ s~ - : 7 9. 1 0 { ~ ~ 1 p+?~'~""~ ~0 ~oc~ ~ ~ N- P~. O O, 4 O ~ ~uR oou~. ' . . ~ _,.,,z 1 ~ a~ a qether w~lh all and singuiar the tenemen», hereditaments and appurla~css Ihereunto belongirg w in +nyw~se apper?+~ning tixrefo, and ~II rent~, isstNS, : ;~•eceeds and profits acvu~ng and to aarue from ssid premixs, a0 of which are included in the sbove and foreyoinp dewiption ~nd habendwn- j l ~ TO F1AVE ANp TO ?tOl~ the above descnbed and granted premi:es unto rhe said lN~RTGAGEE, its svaessws and auiyns fweve~. And th~ said ! vRTGAGy~O,R~ for t~~r---- heirs, e:ecutws, administrators and assigns, hereby covenants with tF~e ssid MORTGAGEE, its successors aod auipm, ~~.3r Iawfully x~ced af the said premises in fee simple; that the same sre free, dear and discharged from all (ier~f and ~++tv~ ~~a~ces 7n faw or in equity, and that t~p will and t~ir _ heirs shall warrant and defend t}w tiHe to the s~me to ths s~id S~,=""~.~, :'ORTGAGEE, its succeuors and aisig~s, torever against the lawiul cla~ms and demands of •II pertons; PROVIOfD, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described snd shsll truly, promptly ~ reements, conditions and covensnts ol s+id - c! fu;ly perform, dscharge, execute, complete, comply w~?h and ab:de by each and every the stipulatiwn, ag ~~nso~y no?e and of this Mortgage, then this Mortgage and the Esrate hereby ueated shall cease and be nul) snd void- ~y: ~ IT IS UNDERSTOOD thst the word "Mo~tgagor" whelher in the sin9~far or plural anywhere in this Mortgage, shall be sinyulu if one o~ly and O~ ~i a'~ be plural jointly and xverally iF more than one, and that the word "their" as used ~nywhere in this Mwtyage shall be taken to mean "hi~" "hen," ~ ',rs." whcrever the context so imp~ies or adm~ts. Alw, that wMerever there is a reference in the covenants snd ~greements herein contained to any of ~ :e parties hereta, !he same shafl be construed to mean as well as the heirs, legsl representatives, successon snd ssi~gr?s (either voluntary by acf of 1M ~ ra+r;es or involuntary by operation of the law) of the same and that the covenants Fxrein contained shall bind and the benefits and sdvsnt~yes inwt ~ c the respective heirs, legal representatives, svccesxxs and ass•gns of the parties hereto. And said Nbrtgagors, for themulves and their heirs, legal represemativa, wccessaa snd ~ui9rn, hereby joiMly and severally toveoant and sqree a ~o and with the said N.ORTGAGEE, its successws and ass~gns: n ~ ~ 1. To pay ail and singulsr the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, ~nd this ~ ~ ~-.orrgage, esch ar.d every, promptiy on the dsys respecrively the same uvenllY become due• ~ 2. To psy all snd singular the taxes, assess~*+ents, levies, li~bilities, oWgations snd encumlxancd of avery nature and kind tww on taid dewibsd ~ croperty, a that hereafter may be 7mpoted, suifered, p~ated, levied, or assessed thereo~, o~ tMt hereaftK may b~ levied ot assetsed upon ihis Mott¢ M age, or the indebtedncss secured hereby, exh and every, whsn due +nd p+Ys61e, sccording to law, before they become deiinquent, ar?d befor~ ~ny intaest w ~+eches or any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SA1NE SHAII BE PROMPTIY SATISf1E0 AND DISCNARGED OF ~_rORD AND THE ORIGIhAI OFFICIAI OOCUNtiENT (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACT10N aAPER OFfIC1AlLY ENDORSED :K CERi1fIED) SHAII BE PIACED IN THE HANDS OF S41D MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thst any thereof is not d, saYsfied and d~scharged sa:d MORTGAGEE may at any time pay the same w sny part thercof without waiving or affectir?g sny optip?, lien, eqvily a •~;hf under o~ by virrue of this mongage and the full amount of eath and every such psyment shall be immediately due snd payable and sha~l bear interest •1 ~~>~e _ c-~ _-a'e of nme per centum per annum and together w~~h such inlerest shall be setured by the lien of th"s morgtage. ° - - - - ..b . . .3 I _ ~ . n"" ~ y ~r~~ ~ '~':°~,~SL~_:"~',5 "~'..a_,~~'ti.~~. _ ~X'~"..~~~ ~ .