HomeMy WebLinkAbout0861 . 3U33'~8 . . , - ~ i _ - _ ~ ~ ~
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THIS INDENTURE, htade ~he____ 1 OLIl__ day af ~r Ch _ q,p, lq~~ betweon
- - Fr~nk B~._ Br~~~_a ~i[~gl~~d~31~__------ - -
~f St. Lucie County Fior~d~, hcreinairer dea~g~ ~~eU as the "MORiGAGOR." and FIRST FEDERAL SAVINGS AND tOAN
~SSOCIATION OF FORT PIERCE, a to~po~at~on organ~ied and exisling under the la.cs of the U~~ted $tat~s of Amarica and h~ving its principal place of
b~su~esi in the City of fo~t P~erce, St. lucie County, F~orida, hereinntter drsiynated os ~he °MORTI.;AGEf."
WHEREAS the MCRTGAGOR is justty indeGted to the MJRiGAGEE in ~f:~ s35~000.~~ qood and ~a~viu~ money oi the Un~ted
:~.+'es ad+anced by ~he ;.5~7RTG:1v~E unto the hlOkiGAVI:R, as ev~c!•.nced by r: :rt;,:r. Nrcndssuy no~e o~ even date h~rew~th, of r~h;h thr foi'owiny in
; Ja and fi~~res is a!ru.: copy, to..~~:
S _ 35~000.00 _ ' No 10021214
Fort F~erce, Florida, ~rch iLl ~9~~_
For va!~e receivrd, I, v.~• or uitt,~~ Jf i~s t ro~~~~se to pay, .vaF.oot u_fa'.a!~o^.. ~c t~,r o•~'r~ of ( IkST FEUf RAl SAVL"~GS AND IOAN ASSOCIATIOY OF
:=T PIERCE at Forf F~~-~.e. iton~+.a, ti~e s,~r. ct 35f0~t~~_ ".r'~ :~r.,:~,r fro•n ~late et ehe rate of ~a.~~;o per an~,um. in munthly instal6
!s as 10~Aw1: S. `vo!-~~_ on t{,_. 20th- deY c.f . A~~ll_ _ :a 7S _ and a like wm o~ the correspondmg d~y o1 each mo~th there-
unn~ thr wt~0'.r~bc t~~Jy F~o~d.
Each ~nsta:ln:ent first shalt be appLed in p~y:n~m of rn~~ interest and ~i,•_~~. r'r~•~ un;;> d balance uf th~- p~ir, pal sum. If defau!t is made in ihe
~,ent cj any inst,:i ~~r~u v.hen due, ,,r,y a~.h d_:a:,:t cor~~~n~es 30 da~s, then at '~~e cp~~~r~ of the hoider, and w~tho,~t any othrr not~ce, all the remaining
,!'•~;ents at~all be due ar.d payat:.e ar oncr, Pnviirje is g~.rr. to prepoy th~s ~c!r ~n who!e or i~ parf at any t~me without penahy. Neiti~er forebearance,
ncceptante by the 1:.~id~-r iherof afr;,r >ny d; fa~ t in a:~ ~..;y~. ^.•s ~er~•~•~ :I,=!' ~.e 4~a.P naym.,m cha~oe of 514~4~. shall be
. i to eath ~n~!a~:•t.ent ~e~~~a~n~ng i~n~a.d : deys aTte~ ~iS d~e d~~°, ar.d a i_.rt~ . ~nie ~u:~c~ !oreach wCh ~nstaiiment rernaining unpaid 7 days after
, h succeed~~g pay~renr d,re
Each maker, surery ond ~rnfc~se. h~~:c:;f, ~c~n!~~ _.:J 5~:'c~d~!y, wa~ves :ic~,•~~:d. ~:rese~tir.nr:it protest and noti:e of prolesl for nonpaymeM, and further
.<•_~s fo any exr~ns~on o'. t.~~~e of F>, ~.r~~~. .~r . t:.r r„t;,: ry, .,o! ~io•: ;o anr of us; anJ to pay all costs of eo!Iecfion, inctud:ng e
-:able at;orr:eys fer in ;he e~enr an: ~~r„'t ,n-_i~r and hereb~ s~•:•-at:v wa;••es bencfit of horr.estead and exemptior. undet the eonstitulion
a.as of eacn St.;t~~ o' ti~e U~.!ed Sta•~_s. ~s .~_~+~.~il ti„s o:,':.y.~ii~n er o,~y c,.•r~,s on er ren~v.ai hereof.
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'Ni~ness t~z hand and srat c+ ea:!. p.xr:.
s/Frank B. Brewer, a single ad~~
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(SEAL)
(SEAt)
52 ~ 5~ __.I ~r~ta Re.enu~ tSEAU
•.~.t (1t.~GiOC~~ CfL~Y~7 V~ i~CJei
NON, THEREFpRE, thc ~hORTGa;,OR fo~ the r~r~,cse of se:~~r~_~ [~ayme•n! of saic+ sum of S 35~0~•O0 , and the pe~fotmance of the
,:_~nants and agreen~,r~ss he*eineher expressed, and 'or d~~ers y^od ard vai~a!,:e cans~deraf.on~, by these prese~ts, doe~ grant, bargaln, seli, remise,
s~~, convey ar.d cont rm urto m~ MORItiAC,[E, i+s s~:cr>so~s a+~o a>s:~-.s. that :erta~n :ot, p~ece or parcel of land, situate, lying, artd being in the
St. Lucie
_,..nry of and State of fior~da, desc.~bed es follows:
The East 72.5 feet of Lot 1 and the West 17.5 feet of abandoned right of ~
f -
way for South 16th Street adjacent on ~he Bast, Block 13, MARAVILLA
TERRACE UNIT TWO, according to the plat thereof recorded in Plat Book 15,
Page 17, of the Public Records of St. Lucie County, Florida~
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; ; I J=-~1h;Ei~~AR!, :,T:,rV~= ~.~L~ INPAYMENTOFTi1XES
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i • " ri~'L .1 t t ~ - ' RECEIYED .C. INTN161~1.E rER90liM. PROP£R(Y,
; ' ~ = ~ 3 = ~3 ~ s ~~t { ~ ( 6 ~J ~ p~j~(, y11NT TO C1IMTER 71-134. ACTS OF 19J1. ~ fC
~ _ - - _ - _ _ ~ ROGER PORMS ~
i CIRCUR COURT, ST. L.lIC1E 00, FL1~
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~ - iefher w~rh all and singular she tenemems, heredrtaments and app~rtances thereuNO belonging or in anywise appertaining thereto, and all rentt, issuei,
~ .•~ceeds and profits acuuing and to a:crue frcro said prem~ses, all of which are ind~ded in the above and foregoing description snd habendum.
' g p s unto rhe sa~d MORTGAGEE, its succeswrs a~d assigns torcver. And the ssid
~ TO HAYE AND TO k0:~? the abo.e desv~bed and ran~ed rem~se
'•:,,RTGAGOR for hl~- he~•s, erewtors, adm~n.strators and assigns, hereby tovenaNS with the said MORTGAGEE, its successws •nd ~ssi9ns,
~ he-1~_--- ;awf~,ly se~:ed of the said premises fee ~~mpte; that the same are free, clear and dixharged trom all leens and enc~nr
-:~ces in law or in equ~ty, and that_ _-_~1Q.- w~ll and __-t1.].S_.-____ _ heirs shall warront and defend the title to the same to the said
: :~RTGAGEE, irs successors and ass~gns, 'oreve~ against the fawful c~aims and demar.ds of all persons;
' PROVIDED, P.lWAYS thar if ~he MORTGAGOR shafl pay unto the /~40RTGAGEE the promissory note hereinbefore described and shal! tru~y, promptly
' fulfy perform, d.scharge, e¦ec~te, complete, cwnp~y wirh and ao:de ey each and every the stipulations, agreements, conditions and tovenants of said
~~.~ssory nore and cf r}~~s l~o.tgage, then this NSortgage and the Es~are hereby created shall cease and be null and void.
" IT IS UNOERSTOOD that the word "Mortgagor" whe~her in the s~ngular w plural anywhere in this Mortgage, shall be singular if one only snd
~ >_I' be plurat jomtly ar.d several!y if more than one, and that the word "thelr° as used anywhere in this Mortgsge shall be taken to mean "his," '"hers," ~sp
< ,!s," wherever the conteRt su ~mplies or admits. Also, tFat where•+e~ the~e is a reference in the covenanh snd agreements herein tontained to any of
:y ~e parties hereto, the sarne sfia!i be construed ro mean as well as the heirs, legal representatives, successon and assigns (either voluntary by act of the~
' ->~':es o+ invo,vntary by operation of the ~aw) of the same a~d thaf the covenants herein contained shall bind and the benefits and adventages in~re
~j !he respective he~rs, legal representatives, successors and asrgns of the parries bereto. ~
- And said Mortgagors. (or themseives a~d their heirs, legal representatives, successors and assigns, hereby jointly ai~d severally corenant •nd ~yree~
- ja and with the said MORTGAGEE, in successors and assigns:
1. To pay all and si:~gular the pr~ncipal and interest and the various and sundry sums of moxy payable by virtue of said promissory note, and tF~it
ortgage, each and every, promptly on the days respect~vely the same severally become due.
- 2_ To pay "a!1 and singular the tazes, assessments, levies, liabiliries, obligations and encumbrarxes of every nature and kind now on said desui
~•operry, or that hereafter may be imposed, suffered, placed, levied, w auessed thereon, w that hereafter may be levied o~ sssessed vpon this Morty-
r: aga, or the indebtedness secured hereby, each and every, when d~e and payable, accwding to law, before they become delinquent, and befors any inttret
^-ches or any penai!y is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHA[L BE PROMPTIY SATISFIED AND DISCHARGEO OF
~'ORD AND THE ORIGINAI OFfIClAI DOCUMENT ISUCN A5, FOR INSTANCE, TNE TAX RECEIPT OR 1HE SATISfACTION VAPER OFFICIAILY ENDORSED
? CERTIf1ED) SNAtI BE PLACED IN THE HA~iDS OF SAtD MORTGAGEE W~THIN TEN DAYS NFXT AF1ER PAYMENT; and in the event that any thereof is not
d. sat sfied and discharged sa d 1dOR~GAGEE may at any t~me pay the same o~ any part thereof without waiving or af(ecting any optiq?, lien, equity or
~;nr under or by v~rtue of th~s mo•rgage and the fu~l amo~nt of each and every such payment shal{ be immediately d~e and p~yable and shall bear iMCrest
~ n~- ri,~ da•c c~_ r~ d>• ~ate of n~ne per centvm per annum ar.d fogether H~th such interest shatl be sec~red b/ the lien of ~h"s morgrage
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