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HomeMy WebLinkAbout1644 3185~1 ~ ?HIS IN~ENTURE, 1Nad~ the 30th day of Septeober A.~. 19 75.. beNw~n 1 ' Howard R. Brown and BaYbara `a. ~ Browl~i M~ wife of SL. Luci~ Cp~~~y Flpida, i?K~i~aftK dagn+ted +s ths "MORTGAGOR," s~d FIRST FfDERAI SAVIN('s5 ANG IOAN ASSOCIATION Of iORi PIERCE, • corpor~tion wp~nu~d a+d ~xistirg undM IM laws of ths United Staqt of Artwric• and Mvinp iri principal pl~ of bvsin~ In tM City of fwt Pi~ra, 51. l~ci~ Go~~ry. flOfMi~ Ifff~IMf111 dNiOMtld ~s tFw "MORTGAGEE." WHEREAS tM MORTGAGOR b justly indebted to tM MORTGAGEE in tM ium of i 2O , 9ood u+d lawful monay of the Un11ed ? State~ arJvtncad byr-tha MORTGAGEF unto tltis MORiGAGOR, u evidenced by • certe~n prcmisscry note of tven date herewuh, of whith tM follow'u+p M ~~20' 0~~.~ ~ trw copy. ww~t: . ~ 10021620 fwt Pierce, Fb.~d., Septeaber 30 ~y 75 Fw valve received, 1, we w either of u~, promise to pay, without defalca~ion, ~o the order of FIRST fEDERAI SAVINGS~ AND LOAN ASSOCIA110N OF FORT PIERCE af Fort Pierce, Florids, Ihs sum of ~20~~~•~ with interes~ from date at the rate of 9• "9~ pK annum, in monthly initall. me~b as /ollows: s 18O•~ cn tF~ 20tt1 ~y of Noveaber . 19 75 ~nd a like sum on the cwrosponding day of each month ther~- afrer until rhe whok be fully paid. ' E~th ir?sbllment iirst shall be applied in payment of ths interest ~r+d then on 1he unpaid balance of the prinupsl sum. If defsult is made in 1M paymeM oi any imtallment when dus, and such dcfauh continue~ 30 days, fhen +t the option of the holder, snd without any other notice, all the remaie?irp inst~l4nenh sh~ll be dw and payablt at once. Privileye is yivtn to ptepay this ~ote in whol~ a in parf +t any time wi~hout penalty. Neithcr iorebNrance. nor ~ccept~nce by the holde~ thercof aftet any default in any psyment~ he~eon, thall be deemed extansion. A late psyment charge of ~ 9•~ shall b~ added to eath inslallment remainirg ~npaid 7 days aftN lri dw dab, and a tike ium shall be added to euh such insta{lmenl remaininp unpaid 7 d~ys aftsr e+ch svccsedi^p WYment d~~e. . Each m+ker, surery and endorser hereof, joindy and seve~ally, waives dcmand, presentment prote~t and no~ice of protesl for rsonpaymeM, and furfha sgrees to ~ny sxteniw~ of tima of payment,.either betwe or sftcr matwity, without notKe to any of us; and to pay all cosh of collection, inctudinp ~ rea:onsble attwr?ey i fee in the event of any default Mreunder, snd hsreby severally waives all benefit of homestead and exemption'under the co~stitulion a~d lawt of each Sute of the United States, as +gainst this obligation a~ a~ry? eattnsion or renewal l~eof. Witness the hand ~nd ssal of wch party. • w,~ s/Ho~azd R. Brawn ~U - . ~ - . , (s~?U a/garbara C_.Bro~n t5E/?U ~ $30.00 ~ stet~ Revenw , (Swwps-c«+Mlled-a~~.i~irwF we») - NOW, THEREfORE, the MORTGAGOR fw the purpose of securing paymenf of said sum of S 20~~~•~ . s~d ths pe~formar+ce of ths covenann and agrae~.ents hersinafter eapressed, s~d fo~ divers pood ~nd vslwble considerations, by the~s present~, does grant, baryain, se11, remiss, release, convey and confirm unto jhe MORTGAGEE, its successow and auignt, all tMt cenain lot, piece a parcel of land, situate, lying, and beinp in tl» ~ St . Lucie s»te of florida, dewibed fdlowa: Lot 7, Block 1 of LILBM SUBDIVISION, as Yecorded in Plat Book 9, at Page 73, of the Public Records of St. Lucie County, Florida, By agreesent of Mortgagor and Mortgagee on file xith Mortgagee, the within aortgage secures not only an existing indebtedness, but also ADVANCSS to be HBRB- AFTBR made by Mortgagee to MoYtgagoY, the aggregate of which will equal the principal amount specified in the proaissory note secuzed hereby. I . . ' ~.~a ,r ~ S TAT E ~F F ~ O R ~ ~ ~ ~ ,r ~rru~s~ ~ ~n. l DOCUMEN?AR~; ST!?.MF '1j. ~ - - rur~sawr ro auwrER n•i3a. ~rs oF i9n. ~ :~c~f ~F REVE'~ifE `sf~F~.°: I RGlER PORW14 . - ~a = ;~:r -r~s ~ ~~i . ~ ~ c~uc ci~u~t a,uet, sr. wc~E co., fu J s ~ ' 30.00 ~ ~ _ ~~~t,z ' ~ ~ ~ ~ . ~ \ together with all and singutu the tenements, hereditaments and appwtarKes therevMO belonging a i~ ~nywise appertainirg there% and all rents, istws, ~ p.oceeds u+d profits ~cwinp and to sccrw from said premises, all of which ue irxluded in the above snd foreyang descripYan and Iwbenduen. ~ TO HAVE AND TO ~the sbove desuibed ~nd pranted p~emises uMO the said MORTGAGEE, its s~ccesson and auiyra forsver. Md tM said ~ ~ NWRTGA~O R fw theli execwon, administr~tors and ~ssigm, hereby coven~nts with t}~e taid MOR7GAGEE, ib suctessws and ~ssipns, ~ ~ rhat t[ley are lawfully seized of tM s+id premise~ in fes ~imple: that tM sam~ ue free, ckar ~nd dixhuyad from dl liam and ~ncun? ~ r~ br~nces in law a in puity, and that they will u~d their hein sMll warrant u~d d~fend tM titk to tM iams to th~ wid ~ MORTGAGEE, in successws u~d suiyns, forever aqainst the lawful claims s~d demands of all perso~s; 3 ~ PROVtDED, ALWAYS th~t if the N10RTGAGOR shatl pay unto the MORTGAGEE the p?omisaory note hersinbefor~ described and sMll huly, promptly ~ and fully perform, disdurye, eaecute, compl~t~, comply with and abide by each snd every tF~ stipulations, agreemems, conditian and cov~unb of said ~ ~ promissory no» and of this Mortyap~, then this Mortyspe and the Estate hereby ueated shall ceas~ snd be null ~nd void. ~ r~ IT IS UNDERSTOO~ th~t the word "Mwtgspor' wl+etF~er in the sinpular or plw~l anywh~rt in this Matg~e, shall be sinpula if ont only and O ~ ihall be plw~l ioinNy and wverally ff mor~ tF~an one, and that tM wwd "their' ~s used anywhere in this Mor~pape sMll be taken ~o m~an "his:"'hen,"~~° w"its;' wF~erever tF~e conteat w implies a admin. Afw, ttwt whetever there is • ref~rence in 1M covenants and agreemer?ts herein oonfai~d to ~++y of ; r~. tM psrties hereto, tM ~arne shall be caatrved to meae~ ~s well as the hein, ley~l represcntative~, waeuors and auiyns (either voluntary by act of tl» ~ = parties a involuot~ry by opaatan of the Isw) of the same and tMt the corenann hereGn contained shall bind and the benefits u~d adv~ntyp teNx~ 1'~ ~ r-{ to th~ r~spectiw heirs, lepal represent~tivts, successors and ass~yns of the parties h~reto. ~ ~ Md said Mo~lyayors, fw themsclves +nd their hein, Ieyal representatives, succeswrs and aui~rq, hereby jantly ~nd s~vNally cov~rnnt and ~pr~ ~ ~ ~ ~ to ~nd with tl~e said MORTGAGEE, iri successors ~nd usgns: ~ ~ 1. To pay all and sinpulu tFw principal ~nd interest and the various ~nd sundry s~ms of mo~ey p+Yable by virtve of said p~omissay note, and this ~ ~ mort9a~e. ~ach and ~very, pranptly on the days respectively the same stwratly become dve. ~ ~ ` a~ 2. To pay ~II ud sirg~la the taxes. +s~essmen», levies, lisbilities, obliyations and encumbrances of every n~tur~ ~nd kind naw on s~id dauib~d ~ property, a that h~?eaRM may bt im~wsed, suffereA, placed. Iw~ed, or aswssed tF~ereon, or that hereafter msy b~ kvied or n~essed vpon tF~b Matp~ - ~ s ap~, a tM indebt~dosss secwed he~eby, e«h a~d wery. wMn dw a~d p~yabb. ~ccwdieg to bw, before they becom~ delinqw~t, ~nd b~fw~ any hn~r~st ~ ~ ~ attach~s o? any penalty is incwred; AkD INSOFAR AS ANY THEREOF IS OF RKORD 1HE SI1ME SHAII dE PROMPTIY SATISFIEO AND DISCHARGEO OF ~ ~ RKORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFI~IALLY ENOORSE~ ~ OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEf WIiHIN TEN DAYS NEXT AFTER PAYMENT; std in the tvent that anr tFwteof is not ~ c W id, tat'sfied and d~sch~r ss:d MORTGAGEE ma at any t~me the ssme or an rt thereof wifFw~t w~ivi or affccti a tion, Iien, ; 'r W 9~ Y WY Y P+ ^9 ~9 ~Y oP ~~Y « ; •ipht vnder or by virtw of this mer~ga9e and the full amount of each and every •s~ch payment shall be immediately due and payabk and sMall beu intu~st ~ Erom the d~te thereof until paid at ?ate of nine per centum per ~nnum and topether w~th such interest shall be secused by the lien of th:s morgtay~. ~ s ai - ~ _ ~ ,~~~s~r'~~..~~.~ ~ ~ _ ~s `'.:~T~'~__ .