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Home My WebLink About1828 ~3U~0'70 ~ THIS INDENTURE. Mad~ the Sth day of March , A.O. 19 7S be~ween Willie I3roadneax and I3essie Williams Broadneax of St. i.UC1G ~~~fy Flor~da, hereinafrtr des~ynated as thr "MORTGAGOR." and FIRST FEDERAL SAVI^~GS AND IOAN ASSOCIATION OF FORT PIERCE, a corpwation o~gan~zed and ex~sting undr~ the laws ol ~he United Statos of America and having its prtncipal place of busineu in ths City of fort Pie~ce, S1. lucie County, Florida, hereinafter desig~ated as the "MORTGAGEE." WHEREA$ the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 8~ 4O~ . good and lawful money of the Un:ted States advanced by the 1AORTGAGEE unto ~he MORTGAGOR, as evidrnc~~d by a cer~am promiuory nore of G+Nf1 dett he~ew~th, of ah~ch the following in ior~~'ans(ji9:~},.,is a true copy, to-W~t: No11OO0295 ~!U(T VlJ fort Pierce, Flwida, rtarch 5~ ~q 7.5 ~ For value received, 1, we or either of us, prom~se to ~jsy, without defalcat~on, ta the order of FIRST FEOERAL pSAVING$ AND LOAN ASSOCIATIp~I Of FORT PIfRCE at Fort Pierce, Florida, the sum of j 8~ 4O" w;rh interest from date at ~he rate oP_•?S'o per annum, in monthly install- ~•~ents as fotlows: S 97• - on ~he 2Oth day oi Aprll 19-75 and a Gke sum on the correspond~ng day of each month there- a!ter unti) the whOle be f~tly pa~d. Each ~nstallment f~rst shall be aonlied in oavment of the interest and then o~ the unpaid balance of the princ pal sum. If deiault is made in the payment of any instaflment when due, and such defaul~ continues 30 days, then at the option of the ho~der, and without any other nouce, all the remaining :r~s~allments shall be due and payabie at once. Privitege is given to prepay this note in whole or in part at any time wifhout penalty. Ne~ther forebearance, no~ acceptance by the holde? thereof after any default in any payments hereon, shall be deemed extension. A!a~e payment charge of S4 ~ 85 , shall be ad~ed to each installmem remaininy unpaid 7 days aftet its due date, and a like sum shall De added tc each suth instalimem ~emaining unpaid 7 days after each sucteeding payment date. Each maker, surety and endorser hereof, joently and severally, waivea demand, presentment p~otest and not~ce of protest for nonpayment, and further agrees to any eztertsion oi t~me of payment, eithrr before or after maturity, without notice to any of us; and to pay all costs of colledion, indud:~g a rrasonable attomey's fee ~n thr evero oF any defauH herounder, and hereby severally waives all benefit of homestead and ezemption under the constitutan .~:~d iaws of each Sfate of the United States, as aga~nst this obligation w any extens~on or renewa! hereof. Witness Ihe hand and seal of each party. S/ Willie Broadneax ~E,~i~ (SEAI) essie Wl,,iliams Broadne~i~ csen~~ ~ s 1 2. 6O ~ Sfate Reve~ue ~5?GXpX~Ea~GKRG~~1Cd61G?CX ~ NOYV, THEREFORF, the MORTGAGOR for the purpose of securing payment of said sum of S 8+ 4O0 and the performance of the covenants and agreements hereinafter expressed, and for d'+vers good and va!uable considerations, by thex presents, dces g~ant, bargain, setl, rem~se, release, convey and con 'rm untQ the y10RTGAGEE, its succrssors a~~d assigns, a~l that certain IoL piece or parcel of land, situate, lying, a~d being in the County of ~t. LUCle _ and State of Flor~da, described es follows: ~ ~ i/C~ - C~~' i/ Lot 4, Block 4, GLIDDEI~' S TERE2AC`~ SUBDIVISION, as per Plat thereof on file in Plat Book 7, Page 47, according to the Public Records of St. Lucie County, lorida. i i i i i ~ t "s ~ . - ` RECEfYE~ ~.~-li~~ ~n PA~MENT OF TAXES ' ~ S t T CC~" ' - _ ~ _ _ DUE 0~1 CIASS 'C IN7ANGIBLE PERSONAI PRO°ER(Y~ e . f;.-~~ r~• -~'i F L~`; r-` ` = ~ pURSUANT TO CFtAPTER 71•134. ACTS OF 19/1. ~ " ' ' •;i!: - ~ ~--T--%.• ! ROGER POITRIIS ~ k ~ _ ~ _:~I= ~ ~ 4~#:;~ + CLERK CIRGJIT COUI(T. ST. LUCIE C0, F1A - - ~ f 2. s ' : ` ~ ~ ~ ~ r, ~ - ~ II i ~ ~ rogether with a!t and sing~lar the tenements, hereditaments and appurtances thereunto belonging or in anywise eppertaining thereto, and all rents, issues, p~oceeds snd profits accruing and to accrue from said premises, a!! of which are included in the above and foregoing description and habendum. _ TO HAVE A TO 1iOlD the above described and granted premises unto the said MORTGAGEE, its successors and sssigns fore~er. And the taid ~heir 'NORTGA~O R fw heirs, exec~tors, administrators and assigns, hereby covenants with the said MORTGAGEE, ib successws snd assigm, rhat -tiley-are - lawfully s~~zed of the said premises in (ee simple; that the same are free, clear and discharged from all liens a~d encurt?~ " brances in law or in equity, and that they W~~~ a~d thei r heirs shall warrant and defe~d the title to the same to the said " MORTGAGEE, its successors and ass~gns, forever against the IawFul claims and demands of all persons; - PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbeiore dexribed and shall truly, promptly and fully perform, d~scharge, execute, com.plete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of said - prom~ssory note and o( this Mortgage, then this Mwtgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mortgage, shall be singular if orte only and shall be plural jointly and xve~ally if mwe than one, and that the word "the~r" as used anywhere in this Mortgage shall be taken to mean "his;' "hers," =3 or "its;' wherever the context to impties or admits. Also, that wherever there is a reference in the covena~ts and agreements herein contained to any of QyC,. _ t~.e panies hereto, the same shall be construed to mean as well as the heirs, :egal representatives, successors and assigns (either voluntsry by act of ths - parties or involuntary by operation of the law) of the same and that the covenants he~ei~ contained shall bind and the benefits and advsntsges inure a~ " to the respective heirs, legal represematives, successors and ass°gns of the part~es hereto. ~ ~ " And said Mortgagors, ior themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant a~d ~gree ro and with the said MORTGAGEE, its successors and assigns: - 1. To pay sll and singular the pri~cipal and interest a~d the various and s~ndry sums of money payable by virtue of said promissory ~ote, and this ro mortgage, each and eve?y, promptly on the days respett~vely the same severally become dve. n = 2. To pay all srx! s~ngular the taxes, assessments, levies, liabilieies, obli9arions and encumbrances of every nature and kind now on said described - propaty, or that hereafter may be imposed, suffered, placed, levied, or anessed thereon, w that hereatter mey be levied or sssessed upon 1F~is JNwtg- ' age, a the indebledness secured hereby, each and eve~y, when due and payable, according ?o law, before they become delinquent, and before a~y interest = a!~aches or any penalty is inc~:r:cd; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPiLY SATISfIED AND DISCHARGED OF ~rJ RECORD AND THE ORIGI(hAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR TME SATISfACT10N PAPfR OffICIAIIY ENDORSED OR CERTIFIEU) SHALL BE PIACED IN TNE NANDS Of SAID MORTGAGEE WITHIN 1EN DAYS ~IEXT AfTER PAYMENT; and in the event that any thereof is not = pa~d, saYs~ied and discharged sa d IAORTGAGEE may at any t~me pay the same or any pan thereof wkho~t waiving or affecting any optio~, lien, equity or - •~qht under or by virtue of fhis mortgage and the full amo~nt o1 eath and every svch payment shall be immed~atefy due and payable and shall besr interest c +.om the date thereof until paid at rote of n~ne per cem~m per ennvm and toge~her w~th such inreres~ shall be sec~r~ by the lien of th:s morgtaya . ~ . . -