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HomeMy WebLinkAbout2941 • ~ V Q~ V~ THIS INOENTURE, Mede ihe 9th______ day of Mal!,_____~___________- A.D. 19~~, betw~an __^__~_Jamea 13.__Britt__and Gloria Js. Bri_~t,~ his Ni~~_______~___ ; . t: --=--~_______________.~_~_~__-------T~~_---- of .r,._.__,__ lounlr Flus~d3, hcrainaher das~yn,tcd as Ihe '?.10R1GAGOR.° and fIRSI FEPERAL SIVINGS AND LOAN ~ ASSOCIATION OF fORT PI:RCE, a corporation organized and exi3~~ng under the 1.+~•s of the Un~ted Stat~s oi Ameiica and harnt~ its principal place of b~siness in Ihs City of fort Pi:rca, St. lucia Ceunty, Fiorida, hzr~in~hcr designata;l as the "L1l7FTGAGEE." : 14 40U 00 ~ WHEREAS the h10RTGAGOR ~s justly indebt~d to ~h: A10RiGl~GEE in th~ su~n of S---f_- goo~ and la~.vful money of ~he Un;ted > $talES advanc~d by iha f.10R1GAGEE unto th~ h!OkTGAG~R, as evidenc_d t:y a cen~;n ~.ro:nissory notc ef even date hrrer.-i~h, of wh:ch Ihe foliowi~g in words and fiyures is a trui <opy, to-wit: s 14 ~400.00 ~010021337 _ . Furt Pierce, Fiorida, 9 19_~~ ' fa~ va!ue received, t, w~ or ei~her of us, ~rom~sr Io pjy, .vi~hout defa±catio", ~o tf~c order of FIRST FEDERAL SAVINGS AND IOAN l~SSOCIAT~ON OF fORT PIERtE at Fcrf P;erce,-f!orids, the su:n „r ~14~400~Q~_ ~.,;~F, ;;v~••~st iro:n Ja:c at thc rata of 9i~__°,, per a:inum, in monthly install- ments as foi'o,vs: 5~30!~ en the __?~th y JUnC , and a like surn on thr correspond~ng day of each n:onth there- da of - 14_.7$ _ _ after until the whofe Lr fully paid. - , Each inst;.llm.:nt first shall be app!ied in paymcnt of 1he interest and rhan on the unpaid ba!ance of the princ~pal sum. If default is made in the payment of any 'nsta!Iment v:han due, and such d•:fault cont~nues 30 days, 1he,i at the op~;on of tl:e ho~der, rid without any other nolice, all the remaining . instal!ments shal{ Lr dve and payab?e at once. Privileye is givrn to prepay this'notc in :vho!e or in parf at any timc without penaNy, t~teither forebearanc0, nor acceptance by the hcldar tharrof after aAy defauh in any paym~nis herron, shal? he deemrd extension. A late paymen?•charge of S_-~i~Q-_, shall be - added to e~ch ins!a!iment remaining unpa;d 7 days afte~ ~ts due ddte, SncJ a li:a sum shs!i be 3CICI2(~ to each wch installment remaining unpaid 7 days after eath succeed~ng payment date. - - ~ Eaih maker, surety ar:d ~ndorser hereof, jointly ar.d savcralty, ~va~ves dcrnaud, presemment protest ared notice of protest for nonpayment, and furthtr " agrees to any extens:on of ti~,:; of payment, iitl~er 6=Fore or after maturity, witi~out notice to any of us; and to pay all costs of collec.ion, including a re3sonable attemcy's fee ~n tha evr~i~ of any daCautt hereunder, and hereby se~e~a!:y waivB3"3~i ben^(it of homestead and exemption under the constitution and Ir.ss oF each Srate of ti~e Un~ted States, 3S d'~~u~st this obl~gation or any extension Gf fBl1C~Y3I hc;epf. Wim-rss the kaand and seal of eacfs party. ' - . ~ ~ . ~ s/ James B. Britt (SEAI) . . _ (SEAL) . _ - s/ Gloria J: Britt ~sEAi~ 21 • 6O ~ . (SEAI) State Revenue _ . (6~e~npt<a+Kefie~~?~*igi~F~te+h ~ . NO'JY, THERfFORE, the 1AORIGAGOR for the ;,u~pose of securing payment ef sz~d sum of S 14=400~~0 , and Ihe performance of the ~ covenanls and ag.een;ents hereinafter expressed, anti for divers good and valuabie cons~darations, by these preseNS, dces grant, bargain, sell, remise, release, convey and tonf;rm unto the h10RiGAGEE, its successors and assigns, all th~t certain lot, piece or partel of land, situate, lying, and being in the ~ County of - St~ i and Statr of Florida, descr~bed as follows: ~ ~ - s . e _ ra Lot 6~ Block 1~ PROGRHSS PARK SUBDIVYSION, according to the plat thereof on file f_ . ' . . . . ~ . - in Plat Book 12~ Page 6~ public -records of St. Lucie County~ Florida~ ~ _ ,~yaS- 7-,000~ - oo% - s'i . . , ~ ~ . - ~ ; . .-r--~~i-~.~T~ ~;.t~~~`~~ t i - ~ . - ~ _ ?r- ir~~~AF~'iY~`~'( ~ ~ ; . . . _ ~ - s v v 3s ~ c: T ~ - u?' ~ t~c . U~.~~~r ` .~~L~~ ~ ~ t a~~ tD - ti~,( 7 ,r ' ` - 'u~- ! _ ~ _ : ~ C S , . r,~-----_____ - . . . - - C - . - _ ' . RECFIVED ~°2--~'~ IN PAY1NENi OF TAXES s - DUE ON CLASS 'C ENTANG18CE PEF.,Sp?VAL PROlERTY - _ - PURSUAlVT TO CHAPTER 11-234. ACiS OF lYll. t~ U- _ - . ROGER PORkAS Y~ - _ OLERK CIRi,IIIT COURi, SI. WCIE Cp., FlA together with ail ard singu~ar thr tenements, hereditaments ar.d appurtances thereunto belonging or in anywise_appertaining iheteto, and all rents, issves, _ proceeds a~d p:of~ts accru~ng and to accrue frarn said premises, all of wh~ch are induded in the above artd foregoing description and habendum. _ TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its succes3ors and assigns forever. . And the said ~.50RTGAGOR for --=th'~lr heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, it~ successws and atsignt, . that ~-h-~Y- ar-g lawfuily se~zed of t1:e said premises in fee aimple; that the same are free, clear and discharged from all liens and enc~m- ~ brances in law or i~ equity, and that_~;[- will and the~r he;rs shai! warrant and ~afend the title to the same to the said ~ _ l10RT^vAGEE, its svtcessors and assigns, forever against the lawful daims and demands of all persons; - - - PROVIDED, AIWAYS that if the 1J!ORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly and ful~y perForm, d~scharge; execute, compiete, comply •Nith and abide by each and every the stipulationc, agreements, conditions and tovenants of :aid promissory note and of fhis Mortgage, then this Alortgage and the Estate hereby created shall cease and be null and void. - t ~ IT IS UNDERSTOOD ihat fhe word "Mortgagor" whether in the s~ngular or plural anywhere in this Mwtgage, ~hal) be singolar if o~e only and ~c : shall be pfura! jointly and severally if more than one, and that the vvord "the~r" as used apywfiere in this Mortgtge shall be taken fo mean "his," "hers;' ~~r. or "its," wherever the comex~ so imp!ies or admirs. Also, that wherever there is a reference in the covanants and agreements herein containsd lo any of ~ i~ the parties herero, the same sh-,!I be construed to mean as well as the heirs, lega! representatives, ~s~tcessors and a;signi (either voluntary by act of ihe `s F parties or involuntary by operation of the lew) of the same and tha~ the covenants herein contained shall bind and the benefits and advantages inure ~ ~ to the respective t~eirs, legal representatives, successors and ass~gns of the parties hereto. And ~aid Morfgagors, for themselves and iheir heirs, legal representatives, successors and assigns; hereby jointly and severalty covenant and ayie•_ ~ lo and with the said MORTGAGEE, iu successors and assigns: _ _ ~ ~ ' 1. To pay all ard singular the principat and interest and the various and sundry sums of money payabfe b~ virtue of said promissory note, and this t~ mortgage, each and evety, promptly on the days respectivefy the sarr.e severally become due.- 2. To pay all and s+ngular the taxes, assessmeMS, levies, liabilit~es, obligations and encvmbrantes of every nature and kind now on said descri6rd property, w that hereafter may be impcsed, suffered, placed, levied, or assessed ihereon, or that hereafter may be tevied-ot asiessed upon thes 1Vtiorig- ;a age,-or the indebtedness secured hereby, each and every, when doe and payable, according to law, before ihey become deliaquent, and before any inle~etl ' l+ - attaches er any penalty is incurred; AND INSOFAR AS ANY THEREOF-IS OF RECORD THE SA.ME SHAII 8E PROMPTLY SATISf1ED AND DISCNARGED OF ~ RECORO ANp THE ORIGINAI OfFIC1Al DOCUMENT (SUtH AS, FOR INSTANCE, THE TAX RECEIPT OR fHE SATISfACTION PAPER OfFICIALIY ENDORSEO - OR CERTIFiE~) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE Y~IiHIN TEN DAYS NEXT AFTER PAYMEN7; and in the event that an/ ihereof is nct ~ paid, sat'sf~ed and discharged sa:d h10RTGAGEE may a! any t~me pay the same or any part thereof without waiving or affecting any option, (ien, equity or ~ .iqht ur.de? or by virtue of this mo~rgage and she fulf amovnt of each and every such paymem shal~ be immediately due and payabfe and shall bear interest ~rom the date thereof until paid a~ rate of n~ne per centum per annum and tagether w~th svch inlerest shall be secured by the lien of th's morgtage. .