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Home My WebLink About0350 151~4~ , . . .I TH15 INOENIURE. Md~ th~ ~th ~y pf December A.D. 19 66 betwe~? Williem T. Well~ end Myre L Wells, his xi e _ of .Sti. Lucie Couny Flw~da, hereinaiter designared es the "MORTGAGOR," and fIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE. • corporation orq~nized and ex~uing under ~he laws of the Un~ted Statos of America +nd Mvinp in principal plac~ of b~s~neu In tt+~ City of Fort Pi~rc~, St. luc~s County, Florid+, hsrt~nahN deiignated si the "MORTGAGEE" WHEREAS tFN MORTGAGOR is ju~tly indebted to the MORTGAGEE in the s~m of S-~s-~C~ g~=d ar.d lawiul mo~ey of the Un~ted S+etes ~dwnced by the MORTGAGEE unto the MORiGAGOR, as evidanc~d by a carta~n prom~ssary n~te of e+en date herew~th, of wh;ch the following in word~ ~n~~i~.e~~} a 1rw copy, to-wih s 4,S u V N, 13,91~8 Fwt Pieres, flaida, December 29 19 6b fw value received, I, we or either of us, prom~se to pay, without defalcatlon, to ~he o~der of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF •,'RT PIERCE af Fort Pierte, Florida, the sum of =~_~~~•00 wnh interest (rom date at the rate of _-L_;'o pe? annum, in moMhly inslall- ~~~s as fol!ows: S • on ~he l~th day of Februa rv_, 19 L~ and a i~ke sum on the corresp~+~ding day of each month ?herc- _^rr until the whPle be fully psid. Each i~stallment first shall be applied in payment of 1he interest and then on the unpa~d t~alance of the pr~nc~pal sum. If default is made in the ~.mem of any installment wlxn due, and such default conti~ues 30 days, then at the option of ~he ho~der, artd without any otner ~otice, all the remaining ~~s!allments shall be due and payable at once. Privilege is given to prepay this r?ote in whole or in part at any t~me w~thout penalty. Pleither fwebea~ancs, ror acceptance by the Falder thereof afte~ a~y default in any paymen?s hereon, shalt be deemed exiension. A late paymeM charge of : 2 2 shali be ,a~ed to each initallment remainirg ~.a~d 7 days afier iri due date, and a like sum shall be ad~ed to each such ir,stallment remaining unpaid 7 dsys after ea:h succeeding paYment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and ~otice of pr^+est fw nonpayment, and further ~3r~es 1o any extensan of fime of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a _ ~_,soneble attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the co~stitufion _ d!aws of each State of the United States, as against this obligation w any eztension or renewal hereof. Witness the hand snd aeal of each party. 9 {I1l ~ 1 8 (SEAu s/ M~rra L Wells ~nu (SEAt) 6 . 45 isEwu ; _ ) state aevenue S~amp~ uncelled on oripinsl note) NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of sa~d sum of S ~00 • 00 and the perfwmance of tM covenants and sg~eements hereinafter expressed, and fw d~vers good and valuable consideraiiona, by these p~esents, does gront, baryain, sell, remise, •e:ease, convey and confirm unto the MORTGAGEE, its successon and auigns, all that certain tm, piece or parcel of Isnd, situate, lying, and being in the Counry of St . Lueie and State of Florida, desuibed as follows: Lot 15, Block 3, of the revised piat of TROPICS SUBDIVISION, as per plat thereof on file in Plat Book 6, page 21, of the ~ Public Records of St. Lucie County, Florida,~ ~ { i ~ ~ . s ~;FCEIVEO f IN PAYwENT OF TAXilS ~~UEAN ClASS'C' INTANGIBLE PERSONAL PRO~ERTY. URSUANT TO ~NAPTER 207Y<. ACTS OF 1911. h ~ , ~~ef~( ~IfCU~f ~ uff ~ ~s ~,.,»nt for ~U TIS M. JAMES : • . - ~ - _ < U ~ 1;:~:;i~:. _ - - ~ - ~ ,t. ~1ICN ~iOtMtY TOR ~O~~i~ ~ _ ' - . _ ~ ~ v 0~:'L~'66 r' ' • U ~ ~ CLERK ~p C~; ?T~~-± GI'` \ I - - , ~ - ~ . ~ :r ~ !ogether with all and singulsr tM tenements, hereditaments and appurtances thereunto belongirg w in anywiu appertaining thereto, and all rents, luues, eroceeds ~nd profits ~ccrvirg and to accrue from said premises, ail of which are included in fhe above and faegoing dexriptio~ and habendum. TO HAVE AND TO HOID the ~bove described and grsnted premises unto the said MORTGAGEE, its sutte~sors and sssigns fo~evN. And 1M said :'.ORTGAGOR fw th8 ir he~rs, executws, administrators and assigns, hereby covenaMS with the said MORTGAGEE, its successws ~nd ~uipru, ~ha+ -~~V ar~ lawfully uized of the said premixs in fee simple; that the same are free, dear and discharged from all liens and ~nc~rt?~ o~ances in law w in equity, and thst th8 Y will and the i r heln shall warrant and defend ~he title to the ssme to the said !AQRTGAGEE, its sucteuors and sssigns, faever against the lawfol claims and demands of all persons; PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unro the MORTGAGEE the promiuory note hereinbefwe dewibed and shall trvly, promptly - a~d fully perfwm, diuMrge, execute, comp~ete, comply with and abide by each and every the stipulations, sqreemcnts: ~onditions and covenants of said cromissory note and of this Mortgage, then thes Mortgsge and the Estate heroby created shsll ce+se and be nuil and void. - IT IS UNDERSTOOD tMt the wwd "Mortgsgot" whether in the singular w plural anywhcre in thi• Mwtgsge, shall be singular if one onl; 1 `y;~ shall be plural 'pintly and wverally if more thsn one, and that the wad "their" as uted anywhere in thw Mwtgsge shall be taken to mesn "hii; "'hen;' or "its," wherever the context so implies or admits. Also, that wherever there is a reference in tiie covenants and agreements herein co~tained to any of the p~rties hereto, tM ~ams shatl be construed to"mean as well ss the heirs, legal represe~tatives, successors and assigns (eithe~ voluntary by act of th~ _ parties or involvnury by op~ratan of the law) of the same ~nd that the covenants herein co~tained shall bind and the benefit~ and sdvanta9es inur~ - ro the ~espectiw hein, hy+l tepresentatives, successas and ass'gns of the parhei hereto. = Md said Mwtypors, for themulves and their heirt, legal representatives, successors snd sssigns, hereby jointfy and uverally covensnt and ayree to and with the uid AhORTGAGEE, iri successors and assigns: 1. To p+y all ~nd sinpul~r the printipal and interest and the vsrious snd sundry sums of money payable by virtue of said promisawy note, and this - mortga~e, ~ach and ~r~ry, promptfy on the days respedively the same severa~ly become due. _ 2. To pay •II +nd sinyul+? tM taxes, asuume~ri, leviei, liabilities, oWigations and encumMencei of every nsture ind kind now on uid dew~bed proparty, ot tMt Mreaft~r may b~ impoted, tuffered, placed, levied, or +ssessed thereon, w that hereaNer msy be levied ~r asussed upon this Morty- aga, a tM tnd~btedneu secured hereby, e+cb and wcry, when due and p~yable, xcording to (aw, be(ore they become delinquent, ~nd befw~ ~ny interat atiaches or any penalty is incurred; AND INSO~AR AS Ar~Y THEREOF IS OF RKORD THE SAME SHAII BE PROMPitY SATISf1ED AND DISCHARCaED OF E"~pz ReCO^wD AND THE ORIG~NAI OFfICIAI DOCUMENT (SUCH A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED = CR ~ERTIf1ED) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, s~tsficd snd distha~9ed ta:d MORTGAGEE msy at any time pay the same w any part thereof without waiving or a(fecting any option, lien, equity w - ~~~hr ~~de? or by virtue of this mongsge and the full amount of each and eve~y such payment shall be immediately dve ~^a p~yable and shall bear interest .y' ~rom the date thereo( until paid st r~te of n]ne per centum per annum and together w~th •uch inte~ett shall be secu.ed by ~he lien of th's mwgtaye. eo~ ~63 ~P~ ~49 ~ - - - . _ . _ . . _ _ . . _ . ,