HomeMy WebLinkAbout2706 ~ ~s~5~2
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THIS INDENIURE, Mad~ the!Zbth day of _~@CQbb4.3 A.D_ !9~ b~Nra~a t
Wilbert 8. Villhard and BQtty J. Villhard ~ his wifa ~
~ of St • i'uCi~ County Florids, he~einafter desg~sred as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
c~ ASSOCIATION OF fORT PIERCE, • corporot~on ay~nized and ex+st~ng unde~ the laws of the Un~ted S~atsi of Mxriu s~+d Mvin~ iq principai ploc~ of
buiie~esi in 1h~ City of fwt Pie~a. St. lucie Gounry, Norida. here~nafre. daiiqnared as ths "MORTGl~(3EE.'•
ti W1IEREAS tM MORiGAGOR ia justly indebtsd to the MORTGAGEE in the sum af S 1-~5~' ~ good and lawful mo~ey oi the Un~ted
" Siate~ adv~nted by the MORTGAGEE unto the MORTGAGOR, as ev~drnced by a certam prom~ssory note of eren date herewl~h, of wAich the fotlo.vinp in
~ s or 13 S~u:e~ a trw toNy. to-wit: ~ 16 ~ 118
F o rt P i e r t t, f l wi d a. atC@~@r Z6 1 9
For vslue rectived, 1, we w tithcr of us, promise fo pay, withwt defaltation, to the orde~ af fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fat Pierte, Fbrida, 1he sum of j 13_! 5~ w,rh ~nte~est irom date at the rate o~ ~~S ;o pe? ann~~n, in monthly irutall-
~ ments as fotlows: S 116 o~ the 1Stb day of R@blu~ly 1970 aod a like sum on the cwrespond~ng day of each month tFxre-
` aftei uNil the whole be fully paid_
Each inslallment fint shall be applied in payment of rhe inrereu and fhen on ~ne unpaid balance of the pr;nc psl sum. If defauh is msde in the
paymenl of any installment whe~ due, a~d such default cont~n~es JO days, the~ at the opt~~n of rhe holder, and without any other notice, all the remaininy
~ ~nstallmenK thall be due and payable at once. Privilege is giren to prepay this ~ote in whote or in part at any t~me without pcnalfy. Neither forabeararxe,
~ nor acceptance by the hotde~ thereof after any defau7t in any payments hereon, ahal! be deemed extens~on. A late payment charge of j_~s~.~ , shall be
~ added to eath installment remaining u~paid 7 days af~er its due dats, ar,d a I~ke sum shatt be added to each such inst~~lment remaining unpaid 7 days aftar
each sucteeding paymtnt date.
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~1 Eath maker, surety and endorser hereof, j~int(y and sev~:a'ty, wa:ves demand, presenrm.ent prorest artd not;ze of profesi for nonpayment, and further
agrety to any extension of time of payment, eitner befcre or affer matur~ty, without ~ot:ce ro ~n~ of us; and to pay all conts of collecy~on, inttud;ng a ~
i reasonabk attwneyi (ee in the event "of any default hereunder, and he:eby severally wa,ves ali ber,ef~t of homestead and exernption under the constitufan
and taws of each Sfate of the Uneted Stares, as ega;nst this ob:~gation w any extension o~ ~enewal hereof.
~ Wilness the hand and seal of each party.
/sj Wilbert S. Villhard ~A~~
~ cs~?u
~ /~1 Betty J. Villhard ~
(SFJ?l1
S 20.25 ~ Stare Revcnue
13 500.00
NOW, THEREFORE, the MORTGAGOR for the pur~,ose of securing payment of sa~d sum of S • and the pcrfwmsnce o1 the
cove~?anb ~nd ayreements hereinaiter expressed, aRd tor divers good ar.d valvable cons~derations, by these presents, daes grant, bargain, sell, remise,
retease, eonvey snd confirm unto the MOR7GAGEE. 7ts s~cceuors and ass~gns, all that certain lot, piece w parcel of land, situate, lying, and being in the
~~~~y pf St . ~.L1C1@ and State of Flarida, described as follows:
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Lots IO and 11, Block 5, OAKLA[m PARK SUBDIVISION, according
to the plat thereof secorded in Plat Book 2, page 7, Public
Records of St. Lucie County, Florida,~
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RECE1YEp ; ~ - cr
DJE Gi! ~U;c . IH oAYklENT OF ~ -
Pt`::~~_.i.'~T t C~ 1t~Atl~+~CE nro r,. W aS j~~~~ o~ r L
U h' i
ROG-;, t~pl'~-SR .?T`? 2`'~", '~;S aF`13l1.~~ERR, c~ OOCUMEN7Ap-~STAMP T,~Y j
C,erk ~ z _ - o:.._-
CirCt,+if i ~ti~ ~ OEC2769 0.'~'
eS AQQ?;: l~I DR~iI~~ ~ p _ f~:
° N. KN~W.~S, JR ~ - ~ r 2 ~ 2 5~
SL Lucie ~ -
Cou;:t~ Tax Collector ~ CONPTROLIER _ _
~ P.B.190138 ~
DEPpn
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together with all and sing~la~ tMe tenemenn, hereditaments and appurtances thereunto belonging w in anywise appert~inir?p thereto, and all rents, issws '
proceeds ~nd profin xv~ing and to accrue from said premius, att of which are included in the above and foregoinp dewiption snd R~bendum.
TO HAVE AND TO HOLD the above desc+ibed and granted premises unto the said MORTGAGEE, iri suaessors and auigns forewr. Md tht ~ald ~
MORTGAGOR fw thelr heirs, executors, admin~strarors and asaigns, hereby covenants with the said MORTGAGEf, ia succeasws ind afsipro, ~
thev dI6 ~~~u(ly seized of the said premises in fee sim le; that the ume are free, ckir and disch~r
p ged from all liera and entum-
brances in !aw or in equity, and that tdey w'~!I anrl their hein shall warr~nf and defend tF?e iitk to ths Nm~ fo fM said
MORTGAGEE, in succesw?i ~nd auig~s, forever against the lawiul daims and demands of sll persons;
PROVIDED, ALWAYS that if the AhORTGAGOR shafl pay unto the MORTCaAGEE the promiuwy rqte hereinbefwe described and shall trvfy, promptly
and fully perfotm, d;xharge, execute, compkte, comply wirh and ab:de by each and every the stipulations, sgreements, conditiw~s and covenanb of s~id
promiuory noh ~nd of this Mwtgaga t!?en this Matgage and the Estare hereby created shaU ce~se snd be rwll snd void.
1T IS UNDERSTOOD th~t the word "Mortgagor" whetticr in the sirgular or plwa) anywhere in this Mort9sye, sh~ll be sinpvlsr if on~ only ~nd
sh~ll be pl~ral joiMly and severslty if more than one, snd thaf the wo?d "their" as used anywhere in thi~ Mortgage shall be t~ken to mean "his;• •'h~n••
or "its," wherever the conteat so implies a sdmits. Al~o, t.~at wherevet there is ~ reference in the covenanb and ayreemenb hetein tontainad fo siryr of
the pa?ties heretq, the same ~hsll be construed to mea~ as well as the heirt, legsl rep?esemstives, successon and assiyro (either vokmtary by atf of th~
psrties or involuntary by operation of the law) of the same and tF~at the covensnts herein contained shall bind and 1F~ benefib a~d advantages iiwr~
to the respective heirs, ley~l representatives, wcceuors and ass'g~s of the psrties hcreto.
Md said Mwtg~gws, fw themxlves and their hein, legal represematives, soccesson +nd auigns, hereby jointly and sever~lly coven~M and ayree 4
+o ~nd with tFw taid MORTGAGEE, in s~ccesson and auig~s:
1. To all and si ul~r the inci 1 and intaest and the wrian snd sv '
WY ~9 p~' p+ ndry surru of maxy paYable by virtue of said promii~ory not~, aod thfa
r++wt~a9e. ~ach ud every, promptly on the days rapectively the s~me severally become due. ~
Z To p~y all ~+d sirgula the taxes. asseasmenn, levies. IiabiGtiea, obligations snd encvmbrances of every ~atv?e and kind oow on ssid deacr~d
Property, w th~t here~ha m~y be imposed. ~ufftred. plxed, levied, a auessed the~eon, w thst hereafter msy bs levied w uses~sd ~pon f1~is Maf¢
age, a the irxl~btedneu ucvred hcreby, esch and wery, when due a~d payabk, accwdirg to law, before they become delirp~ent, and btfor~ s~ry bterqt
nttaches or ury pen~lty is incurred; AND INSOFAR AS ANY THEStEOf t5 OF RKORO THE SAAtE SHAtI 8E PROMATIY SATISf1ED AlMD DISCHARGfD OF
REtORD ANp 1HE ORIGINAL OFfIC1Al DI~CUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATfSFACTION PAPER OFfIC1AlLY ENDORSfD
OR CERTIFIED) SHAII 8E PIACED IN THE NANpS OF SAID MORTGAGEE WiTHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thst ~ny thereof is not
paid, saf'sfied ~nd dixharged sa:d MORTGAGEE may ae any time pay the same w any p~rt thereof without waivi~g o~ affectirg ar~y option, Iien, equity p
•iqht under a by virtue of this mortgage and the f~ll amo~nt of each and every such payment shsll be immediately due ~nd payable and shell bea~ interest
~~om tM date theteof until paid at rste of nine pe? centum per annum and together w~th such interes~ shall be secured by the lien oi th:s morQtape,
a~s$i ~z~os .
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