HomeMy WebLinkAbout1687 ~:~/I~,~ <<!L
THIS IN~ENIURE, M~ the 17~h day of _ D@CembCr _ A.D. 19 6~ betwe~n
R~~e~.~ F. ~ ems and Rit•a L Willam.~~ _~is wife _
o{ st_„~~j,H ~punty flwid~, hereinaher d~~l~nsred ai ihe "MORTGAGOR," ar,d fIRST FEDERAL SAVINGS AND IOnN
ASSOr1ATIC7N Of fORT PIERCE, • corpor~tiun oryanized and exis~ing vndsr tM laws of th~ United Sfetas of America and havin9 its principal place of
bus~nsu in the City of Fnrt Pi~rce, St, Lucie Counry, Fl~rida, herainaftar desiqnattd ~y tF»~ "MO~RTGAG[EE."
WHEREAS the MORiGAGQR ii ju~tly indebt~d to the MORTGAGEE in tM aum of ~.2 ~Q good end lawful monay of the Un ted
S~ater erlvancrd by fhe MOR?GAGEE unro the MORTGAGOR, as evidcnced by s prhin promiasory note of even date herowith, of which the foitowing in
words a~a fi~7~res is a t:uo co~y, taw~~:
s ~SQ~, 1 20
1 Q 0 rro
fort Picrce, Florid~, December 1? 19~,
For val~e receivsd, I, we or e~ther of ua, prom~s~a ~to pC~~ without defelcation, to the order of FIRST FELIERAL SAVLINGS AND LOAN ASSdCiATION OF
FORT PIERCE at Fo:f Pierce, Floride, the sum of s-}_,_~.-_~ZL-O!
Op with ~nterest fram date at the roie oi v°.~o per annum, in monthly instell-
ments as foi!owa: i-~~!
00- on the 1 t'+day of April_ ~,~6,__ snd a like sum on the corresponding day of each monrh theie-
after untii the whole be fully paid.
Ea;h installment fi;st shall be applied in payment of the in!erest and then on the unpa~d balente of the princ~pal tum. if default is made in ihe
payment ef any installment when due, a~d s~ch defauh cnntinues 30 days, ihen at ihe option of 1he holder, an~ without any other notice, ell ihe remaining
ins~aliments shall be due and payab!e +t once. Privilege is given to prepay this note in whole or in part at any time witfio~t penelry. 'Neither f~ojrebearonce,
nor acceptance by the holder thereof after any defauit in any payments heroon, shall be deemrd extension. A late paymmt charge of 5-~.-.S?-.~ st~all be
edded to each ~nitallrnent remaining unpa~d 7 days after its due date, and a like sum shall be added ta eacl~ s~ch installme~t remaininq unpaid 7 days after
each succeeding payment date.
Each maker, ~vrety and endorser hereof, jointly end severally, w~ivrs demand, presenrment protest and notice of protest for nonpeyment, end further
agree~ to any extens~on of time of payment, either beEore or after maturity, without notice to any of ua; and to pay aIl costs of collection, indudfng e
reasonable attorney's iee in the event of any default hereunder, and hereby se~erally waives all benefit of homestead and exemption under the canstitution
and laws of ea.h St~tc af the Unitrd States, as aaain~t this obligatian or any extension or renewal hereof.
Witness the hand and seal of each party.
, /~Rober~ F. Willems ~ ~SEA,~
a Rita L. Willems _ ~S~Au
iSEAt)
o . 2 5 ~sEAu
( ) State Revenue
(Stampr tencelled on original notej
NO'JV, THEREFORE, the MORTGAGOR for the p~rpose of securing payment ~f said sum of S 1~ s~~~ , end the performance of the
covenen!s artd sgreement~ hereinafter expressed, end for d~vers good and v~luable considerations, by ihese pre~ents, does grent, baryain, sell, remise,
releais, convey and confirm unto the MORYGAGEE, itf •uccessors and assigns, all that Cerfbirf lot, pirce or percei of I~nd, •ituete, lying, er.d being in the
County of ~t. Lueie ,•nd Stste of Florida, deauibed ~s follows:
The North 12Q feet of the SE4 of' the NE4 of the NE4 of
Section 24, Ta~rnsh~p 35 Sout~, Range 39 East,~
~
~ _
~ r4 1 G'~ t- t-' L. U k 1 L.) ~1 ~ '
c~ ~ DOCUMENTA~?
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together wirh rll end singular the tenements, haredirsments snd appurtances thereunto belonging w in •rywite appertaining thereto, and all rent~, i~tues,
proceeds snd profits acc.uir~g and to accrue from said p~emises all of which are inciuded in tix abova end forepoing de~cription and h~bendum.
TO HAVE AND TO HOLD the above tlescribed and gr~nted premises unto the a+id MORI'GAGEf, it~ s~cce~wrs and stsiqns forevar. And tM said
MORTGAGOR fw hei~s, executora, sdmin'istr~rors end assigns, hereby covrnant~ with the •aid MORTGAGEE, ita tuttauors ~nd suiyns,
that ---~~~-~Za lewfuf:y seized of the said premis~s in fee simple; thst th~ seme ~re free,. deer end ditth~rfled from all liens and encum
branccs ~n law or in rquity, snd that_ th8y will +nd ~h~-- heir~ •hall wanant and dafend the titla to tha ~ems tc tl» wid
MORTGAGEE, itn iuccessors snd auigns, forever sgainst the lewfui claims end demands of ~II per~ons; ~
PROVIDED, AIWAYS that if ti+e MORivAG4R shell pay unto the MQRTGAGEE tht promiswry rwte hereinbe~ors described and •heli truly, promptly ~
•nd fully perform, d~uharge, ezecute, tomplete, corr+ply with and ab~de by each and every the ~tipulationi, ~yreer/~enTa, conditians and covansnt* of •+id ~
prom~sswy note snd of thi~ Mohgspe, then thi~ Nbrtgaqe and the Eatate hereby created ~hall csaie and be null and voi6.
.
1 i IS UNDERS7ppD that the word "Mortqaqw" whether in the sinqulsr or piunl •nywhere in thi~ Mwtgage, fh~ll be ainqular if one only end '
~hall be plu(e! jointly and sever~lly if rrwro thsn on~e, and that the word "their" at u~ed ~nywhero in thi~ Martpa9e shall be taker+ to mean "his," "hen," a
or "irs," wherever tFwe contaxt so implirs w admin. Also, that wfieraver there i~ • raf~renc~ in th~ covenan4r snd aQreements harein tontained to any of ~
tfi~ psrt~es hereto, the ume shall be constr~ed tn maan as wefl ss the hein, ley~l npraentative~, suttetsors ~nd •ii~gns (either voluntery by sct of tM 4
perti~s or involuntsry by operstan of the law) of the same end that the coven~nt~ Furein cont~ined ahall bind •nd the benefit~ snd advsnteqei inuro
to rhe respectiw heirs, I~ga! representativts, succeuort end ass~gn: of tM partits hertto. f
And said Mortg~on, fa thamselves ~nd their Meirs, Ic~al rspressntetives, iucceawrt and esiipne, hereby jo'ustly ard seversily covenant md ~flroe ~
Y
to snd wit~h ttt~ uid MORTGAGEE, its successars ~rtd ~uigns: ~
i. To pay •11 ared sinfl~lar the principa! ~nd interest and thi v~rious and iundry suma of money payable by virtue of seid pramiisory note, •~d thf• ~
mortyaee, each ar,d ev~ry, promptly o.i rhe deys respecrively tFn sarrw sewrslly become due. z
2. To p~y sli •nd singvlar ti+e tazes, ~uestrtw:nri, lavies, liabilitie~, oblig~tions ~nd ~rx~mbnnce; of every n~ture and kind naw o~ ~sid dRSCribed *
v~opt~ty, w that hereah~r may be impo~md, wfferod, plated, levied, ar ~wsted thsrean, a thst hereefter may be levied w oi~assed uyon thls Morty-
aqe, or the ir~debP~dnau Ncu+ed hereby, each a~d ~vwy, when dw and peysbl~, ~ccwdinp to law, befare thay brcome delinquent, and brfore any intsre~t
a~taches a•ny penelty i~ incurred; AND INSOFAR AS AN 7HEREpF IS Of RECORD THE SAME SHAII BE PROMFTLY SATISFIED AND DISCHR,RGED OF -
RECOStD AND THE ORIGINAL QfFIC1A~ pOCUMEtdT (SUC~ A5, fOR INSTANtE, THE TAX RECEIPT OR iHE SATISfACTION PAPER ~OFFIUAtIY ENDOR5ED
OR GERTIfIEO) SMALL BE VLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN dAYS NEXT AFTER PAYMENT; •nd in t1x event that •ny thereof i~ not ~
paid, sat'sfied and dischs~9ed ~e:d MOR7GAGEE may •t any !ime p~y tha s~me w~ny part thereof without weiviny of affectiny any opf+on, ~ien, puity or ~
•iqht under or by virtue of this mortgsge ~nd the full amount of aeth and every •uch payment thall bs immetiiately due end pay~ble and tha~l bear interest ,
from the date lhereof until paid 4t r~te of nine per centum ptr •nnum snd toqether with such interest ihali be secursd by the lien of th:~ morytaye. ,
BanK 133 :48i