HomeMy WebLinkAbout2997183' -8;3
18th September ~, iq_ 69, b•twNn
THIS Ii~ENTURE, Made tM day ~
J. Langston Williams and Shirley R. Williams. his wife
of St • LUICie CotMtry floridaw, Mreinafte- d~~_nand as tM "MORTGAGOR." and FIRST FEDERAL SAVINGS AND LOAN
A-S-S-O_CuI_ATION OF FORT PwIERCE, a ccorparetion~~a.~r~Qanized and `e_xYis=t_in_(g~~under the.~lJaws of tM /Upnit/e~d Staates of M-erka and having in principal play of
W~.q. ~ iM Clry Of felt Pierce, St. Llxle Coenryl Florida, ~~w••^ ~nar~Y ere ~ ~MVRTV/~GEG"
WHEREAS tM MORTGAGOR fa )ugly indebted ro tM MORTGAGEE in tM sum oft 13, 800.00 !~ and (awful money of tM United
States advanced by tM MORTGAGEE unro tM MORTGAGOR. a widertoad by a certain promissory non of even dam herewith, of which 1M following M
w«ds and figwes h a trw Dopy, to-wH: i+b 15 a 9 SO
= 13,800.00
fort p~ p„~a„ SeRtemb r 18 -t9~2_
for valor received, 1, vw a eitMr of cat, promise ro p.y, without defalcation. ro the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierp, Florida, tM sum of i 13 a 8~• ~ with interest from dam at tM ran of 8.O % pa annum, in monthly irotalb
menu as follows: ~ 116.00 on tM Sth day ~ NOVeIIber iq 69 and a lEce sun, on tM corresponding day of each month there-
after until tM whole be fully paid.
Esth irtstalirnent fins shall bs applied in payment of tM interest and then on tM unpaid t»lancs of tM prircipal sum: If defauH b roads in tM
payment of any installment wMn dw, and such defauh continues 30 days, that at the option of tM holder, and without any other ratite, all tM remaining
installments shall be dw and payable at onr». Privilege is given ro prepay thb note in whole or h pa't at any tints without penalty. Neither forebeararta,
nor acnptsrtce by tM Mkfa thereof after any default in any payments Mreon, shall be deemed eztensiort. Alan payment charge of ~a.~Q.-, shall be
added ro each intallment remaining •ur-paid 7 days after in dw date, and • like sum shall be added ro each such irotallment remaining unpaid 7 days afiar
each strccaedirtg payment date.
Each maker, surety end erw~orwr 4taeof, jointly and wvsraliy, waives demand, presentment protest and not'Ke of protest for nonpayment, and further
agrees ro any extatsion of tittle of payment, either before a afia maturity, wittiout notice to any of w; and to pay ail costs of collection, including a
reasonable attorney's fee in tM event of airy default Mreunder, and hereby wvaslly wives ell benefit of homestead and ezanpYton under tM constitution
and laws of each State of tM United States, as against this obligaYton or any extensan a renewal Mreof.
Witness tM Mnd end sNl of each parry.
/s/ J. Langston tilliams tsEAU
(BEAU
s Sh rley R. Williams BEAU
(SEAL)
NOW. iHEREFORE, tM MORTGAGOR for tM purpose of securing payment of said awn of ~ 13, 800.00 ,and tM performance of tM
covanann and agrcemer-ts hereinafter expressed, and for diver good and vahrable considerataru, by thew presents, does grant. bargain. sell, remise,
releaw, oomrey and confirm unto tM MORTGAGEE. Hs avcces:ors and assigns, all tMt certain lot, pleoe or parcel of land, sitwts, (yirg, and being in tM
county of St . Lucie and Stan of Florid., dewibed as fellows:
Lots 7 and 10, Block 16, OAKLAND PARK SUBDIVISION, as
per plat thereof on file in Plat Book 2, page 7, of
the Public Records of St. Lucie County, Florida,
F
~a~ ~' IMTAIfG)BLE ~~~
fQ6~R PO ~R zones, ~lci's of i94i. '
~ arcilit court
•s Aamlt for DANIQ N ifNQW[E.~ !R
St Lillie Cglul~r Tti; t;at~pF
CtERK
togetit.r wtfh all and sirlguler tM tenanents. hereditamenn and apptrrfanas thereunto belorgirg « in +ulYwiw appertaining thereto, and all rents, haves,
proceeds and profits aoonrirg and ro aocnre from veld premises, all of which are included in tM above and foregoblg dewiption and Mbertdlrtn.
TO HAVE AND TO HOLD tM above desaibed and granted premises uMO tM said MORTGAGEE, its waASwrs and assigro forever. And rite said
MORTGA~ for their Min. ezacutors, administrator std assigns, hereby covenants with tM wW MORTGAGEE, ih woressas and assign,
that t __ _ y aze I+wfully seized of tM veld premises in fee sirrtplat tMt tM srwne errs free, dNr and discharged from all Hero and enwnr
bravoes in levy or in equHy, and tln* they will and their helm antis warrant .red defend tM tHle ro tM saute ro tM oriel
MORTGAGEE, its svotxssors and assigro, forever egairot tM lawful claims and demands of all pasoro;
PROVIDED, ALWAYS that ff tM MORTGAGOR sMll pay unto tM MORTGAGEE tM promissory note haeinbefore deauibed and sMll truly, promptly
and fully perfonrt, dadtarge, ezesvn, complete, comDlY wish artd abide by Nth and every tM gipulatiats, agreements. oortditioro and covenants of Mid
promissory non and of this Mortgage, than this Mortgage and tM Estate hereby uNted sMll aNSe and be mull and void.
IT IS UNDERSTOOD that tM word "Mortgagor' whether in tM singular or plural artywhen in this Mortgage. shall be singular ff one ontly and
shall be phrral jn>irtty and ssveraly ff more than oils, and that tM word "their' as wed anywMre in this Mortgage sMll be taken ro mean "his," "Mn;'
or •'its,"' wherever tM oomezt so implies a admits. Also, that whaewr there h • referenn in tM coveroMS and agreematb herein coMairtad ro any of
tM parties hereto, tM same sMll be cortstrwd ro mean as wall as tM heirs, legal representativq, woassor and assigro (either vokrntary by act of tM
parties or fnvduntary by operation of tM law) of tM same and that tM covenants herein corlfairwd sMll bind end tM benefits and advantages inure
to tM respective heir, legal npresentativa, worxssors and assigns of tM parties hereto. ---
And said Morpagors, for ti+entwlws and their heirs, legal representative, slnctesson and assign, hereby jointly and severally tovanam and agrN
ro and with tM wW MORTGAGEE, in wooesson and assign:
1. To pay cell and singular tM principal and irttaest and tM variow and sundry soot of ntontey WYa~ by virtw of veld promissory note, and thh
mortgage, each and every, pranptly on tM days repectivell- cite scents- severally become due.
Z. To pay a0 and singular tM nze, ewssma+ta, levleb (iabilHie, obligations and encuntbrenas of wary nature and kind now on said desrxRted
property, Or that hereafter ntey be intposetl, suffered, plagd, Levied. or assessed tltaeon. or tMt haNffer relay be levied a assessed upon thh Mortg-
age, a tM 4ldebtednwss seasred hereby, Nth and every, when dw and payable, aooording a law, before tMy became delingwM, and before any Mltaest
attatFtes a any penally h i+tanrreds /1ND INSOFAR ~ /1P1Y THEREOF IS OF RKORD THE SAME SHALL !<E PROMPriY SATISFIED AND DISCHARGED OF
RKORD AND THE ORIGINAL OFfIC1Al pOCWNEPlT (SIKH AS, FOR INSTANCE' THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1ALLY ENDORSED
OR CERTIFIED) SHALL r1E PLACED IN THE HANGS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTS and in tM event that any thereof h nor
paid, satisfied and disdharged veld MORTGAGEE may at arty limo pay tM same or arty part thereof wHhout waiving or affecting any option, lien, equity a
.igM under a by virtw of this mortgage and tltM full amount of Nth and every sudt payment sMll be immediately dw and payable and sMll bear intact
from tM den tMraof until paid at rate of nine per talcum per annum and togNher with such interest sMll be secured by tM lien of this morgtags.
eooK~79 P~F2995