HomeMy WebLinkAbout1751THIS INDENTURE, Made rM Sth day of August
Thoaas C. Wasd and Madelin B. Ward. his trite
of $t • LuC O Couny Florida, hsrsinafbr designated a tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and existing ceder tnMated a thet"MORTGAGEE.ta of America and Mving its PrirKipal Plea of
busirtees in rite City of FoA Pieta, St. facie County. Florida, hereinafter dorsig
WHEREAS tM MORTGAGOR M lastly indebted ro the MORTGAGEE N tM sum of i 11, 200.00 ,good and lawful meaty of the United
Stara advartpd by the MORTGAGEE unto ~Nts MORTGAGOR, a orvidtnad by a attain promissory nob of even dab herewith, of which tM fdiowing b
words and figures to a ttw copy, fo~wih '~ 15,868
= 11,200.00 ° August 5 t9 69
fort Pierce` Florida.
F« vahre rorpivad, i, vve or either of us, promise ro pay, without defalcation, ro the «der of FIRST FEDERAL SAVINGS AND LOAN ASSOCtAT10N Of
FORT PIERCE at Fort Piero, Forida, the earn of S 11.200.00 with interest from date at tM tab of 7.5% per annum. to monthly ktstalb
menu a followu i 91.00 oa the 5th day of DsCSmber , 19~_ and a lib sum on the oarrapording day of each month there-
after until tM whole bs fully paid.
Each Mstalhnent fiat shall bt applied in payment of the Interest and then on the unpaid balance of the principal earn. If defauh h made >n the
payment of any intallment when dw, and such defauh ca-tinua 30 days, then at tM opt'an of the holder, and without any other notice, all tM rsrttaUtkg
installrrtornis shall be dw and payable at ono. Privilege b given ro pr.pay this nob in whole « in part at any time without penalty. Neither fonbsaranp,
nor acctptana by the holder thereof after any default in any paymenn hereon, sMll bt deemed extension. A bts payment charge of =--~-~~ shall bs
added ro each installment remaL-irg unpaid 7 days after its dw date. and a lib sum sMll bt added ro each such installment remaining unpaid 7 days after
each sucaasding payment date.
Each maker, surety and erd«ssr hereof, ldntly and severally, waives demand. presentment protest and notice of protest f« nonpayment, and further
agrees ro any extension of time of payment, either bef«t « after maturity, without ratite to soy of us; and ro pay ail cosb of collection. F+cluding
reasonable attorney's fee in tM avant of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the consthution
and laws of each State of tM United Stat agairot this obligation « any extension « rerttwal hereof.
Wit a ~Y•
/s/ Thomas ~ W rd - BEAU
{/~~ (BEAU
s Madelin B. Wand EAU
,1seAU
~ 16.80 t State Rwenw
(Stamp cancelled «+ «iginal note) 11 200 00
NOW. THEREFORE. the MORTGAGOR for 1M purpose of securing payment of aid sum of >R ' • , artd ~ p~orm~ ~
covtnanb end agroremtnb hereinafter expressed. and f« divers good and valuaWe~considar~'aleotw p ~~ ~~~ silvers, lying, and abeing M the
release, tonwy and conf'urtt uMO tM MORTGAGEE, its srrooorssors and assigns,
county of St. Lucie pd Stab of Forida, davR»d a follows:
Lot 9, Block 73, RIVBR PARK SUBDIVISION -UNIT 9-A, as per
plst theseof on file in Plat Book 14, page 31, Public
Records of St . Lucie County, Flos Ida, ~/
/I%~y~-
~s
~~~ANT ~p,.RMIGIBLE pE ~~ ~F Tom'
~~~-~. ~',~~ 20721, ACTS pF I~iOPERftr,
~ A„e . Clerfi Circuit Court
f far fAN1El tt, ~-~YLES~ 1
n LuLi~ Coo-rj Taz Collector
gr
together with ail and sirgulu tM antmornb, herord'daettnb and appurtanas tiwrwnro bslorgirg « in anywise appertainirtp thereto, and all rents, bstrsa,
procorsds and profib acwing end ro aovw from aid premises, all of whid- an included in tM above and foregoing dtwiption and Mbendunt.
TO HAVE /Wf}~61~ tM above desuibd and grained premises unro the said MORTGAGEE, in wooorssare and at•igne forever. And the aaW
~~ heir, orxacvton, administrator and assigr», Mrsby oovenanb with the aid MORTGAGEE, its suoasaors and aasigtw
that T "`°y awe -lawfully seized of the aid pamias in fee simples that tM came an free, clw and d'aclwrged from all IMne and ancunr
bravoes in law « in equity, and the the will and theis heirs sl+all warrant and defend tM title ro the twee to the said
MORTGAGEE, its woussors and assigm, for airtst tM lawful claims and demands of all persons;
PROVIDED, ALWAYS that ff tM MORTGA shall pay unro the MORTGAGEE the promiss«y note herafnbsfon dorsaibsd and shell truly. promptly
and fully perform. d'achargt, txorNb, pmplstt, with and abide by tech and svtry the stipvlatiorte„ agrsaments, eorditiarte and oovsrtartb of said
Promissory tab and of this Mortgage, thin this A6or(gagor and the Estate hereby created sMll past pd bs rwll pd void.
R IS UNDERSTOOD that tM word "Mortgagor" wMther in the singtrl+r « plwal anywhere in this Mortgage, sMll bs singular ff one only and
shall bs phial idntlY and severely ff men than one, and that tllf word "their" a {Ned anywher. in this Mortgage shall bs taken ro mean "Ith," "hen,"
« "Hs," whertwr tit pretext a impiia « admits. Aho, that whorrorwr there is a nferenoe in tM covenants and agrsernertts herein coMairtsd b any of
tM parties Mrt% tM twee shall bs eonstrusd ro mean a will a tM hairs, legal reprssorntativa, woassor and aasigrte (sitlnr voh;ntary by ad of the
partNs « involuntary by operation of the law) of the twos and that tM covertams hsrorin ooMairtord shall bind and tM bornsfib and advaraapa ittun
to the raporctiw Min. lorgsl rorpresentativss, wooessors and ass!grts of tM parties here%
And said Morgag«e, for tltenash-a and their hairs, lorgai rtprtsantatiwe, suoasson and atuigas, hartby jointly and etwraliy covsnsrd pd egret
ro and with tM said MORTGAGEE, its wtxasson and aasigrts:
1. To pay all and stttgular tM principal and interest and tM various end sundry twins of matey payable by virtw of aid pranissory nett, and this
morgagt, sack and every, promptly on tM days rorspsctivorly 1M cams sevorwlly bortxtrtts dw.
Z. To pay all and nirtguler tM taxes, asasntorms, leviors, liabilitiors, obligetionor and ancuntltranoa of awry rtahrrs and kind now ore eafd deetxRtsd
property, err that Itorrtafeer may bs impoorord, wffersd, Plapd. ~~• « asorsted theroroa, « that hereafter may bs Isviord « assaornsd agar this Mwrtg~
ergs, « the Mtdsbbdnea twarnd fterorby, each and every, when due and payable, atxordirtg to law, bsfon thory baooms dslirgwM, and btfon arty Mtlsreet
attaclta « pry penahy is irtctxred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL fliE PROMPTLY SATISFIED AND DISCNIIRG~ OF
RKORO AND THE ORIGINAL OFfiCiAl DOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHAH ftE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM swot the any tltorrsof is not
paid, sat:sfiord and dacharged aid MORTGAGEE may at any tirnt pay tM same « any part thereof without waiving « affording pry option, lipt. equity «
rigitf order « by virttrs of this mortgage and tM full amount of each and rusty arch paymerN sMll be irrtretadiatsly dw and payable and atoll borer krttrsst
hem tM Bator flttrtof until paid at rats of nine per certain per arrwm and together with such intorrsst shall bs accred by tM lien of this morgtaps.
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