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HomeMy WebLinkAbout0142 15~~ S ~l THIS I~DENTURE, Made the 3r~ day of -jsnlgYjC , A.D. 19 7O between HonrZr Wil2iaas and Sallio Ma~ Williams, hi~ Mi!$ of St• l.tiC~~ ~p~nty Flotida, here~nattcr des~anarrd as ~he "MORTGAGOR ' and FIRST FEDERAI SAVItvGS ANU IOAN ASSOCIATION OF FORT PIERCE, a torpwat~o~ organiied and ex~st~ng under the laws of the United Staws of America and having its principal plate of bu~iness in the City of Fat Pierce, St, lucie CouMy, florida,.hereinatter designa?ed as the °A10Ri~OGEE~ WHEREAS the MORTGAGOR is jusNy indebted /o the MORTGAGEE in the sum oi S--d~ ~cod and lawful ma~ey of the Un;ted States advanted by the MORTGAGEE unto the MORTGAGOR, as rv~dauc~d by a certa~n promissory note of e.rn dace herewah, oi wh~ch the foUowing in words and figures is a true copy, to-wit: ' s 6,000.00 ~0 16,133 ~ Fort Pierce, Florida, January 3 19 7~ ~ fw value ~eceived, I, we w eithe~ of us, pror+~~se,~A~ayhvxi~hout defalcation. ~o ~he order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of ~ FORT PIERCE at Fwt Pierce, Fbrida, the sum of s_~~~~~~~~~V~~ w~fh interrs~ from date at the rate of8_!_ZS°o pe? annu~n, in monthly install- ' meros as follows: S- 'S2 on the lsth day of __A~_il _ , lq 7O_ and a like sum on the co~~rs;wnd~ng day of each monlh the~e- ~ after until the whole be fully paid. Eath installment first shall be appGad in pay~nent of ehe inr~~rest and th<n ca~ •ne ur;,~ d i,alance of the prin~ pal sum. If deiault is made in the i - payment of any instatimeN when due, and wch d~fault continues 3D days, then at ihe oF.r~_n of ti~e ho~dcr, and .viihavt any o~her ~oi~cc, all the remain~ng ~ instailments shall be due and payabte at once. Priv~iege is givrn ~o prepay this note in who(e or in part at any t::n~• wnhout perialty. Neither forrbearance, nor acceptance by the holder thereof after any defautt in any paymants her~•on, ahal! be Jeemed extens~on. A IaM payrnent charge of S~~-~Q-, shall be ~ added ro ezth installment remaining unpaid 7 days aiter its due d:+te, and a.~ke su~r sha:: ~e ~dd~•d ~o cach s~<h insrall~nant ~e~naining unpaid 7 days after sach succeeding payment date. ; ; Each maker, su~ety and endorser hereof, jointly and srveratty, wa~ves d~~~~,rd, prii!•n!~n..n1 p~ote°s~ dnd r.ou.e of p.orest for nonpayn~ent, and further agrees ta any extension of time of paymem, eithrr balore or 3fI2r mawr~ty, wrt~,~ur ncr.cr eo ~n~ of ~s; ~;:d to p<~y a!I cous of cot(ec~ion, indud:ng s reasona5le attomey's fee in the evenl oF any defaull hereunde~, and hereby s~ .•~•~w!I~r wa~wc•s cc~~:•f;t of }.om~s~~ad and exemption under the constitution and laws of each State of the United Srates, 3s aga~ns~ th;s ob);ga~ion w any excen• on or renrv,al nerco4 Wifness the haad and seal of each party. ~ /s/ Hen~~c~ Willia~s ~seat) (SEAI) /s/ Salli~ ldae Williams ~A~~ ( 9•~ t State Revenue ~t~ ' ; (Sramps cancelled on originat note) - NOW, iHEREFORE, the MORTGAGOR for the purpose of securing payment of sa~d sum of S 6~~0 and the performance of the . covenants and agr~ments hereinafter expressed, and for d~vers good and valuable cons~derat;ons, by these prese~ts, dces grant, bargain, sell, remise, ; release, convey and confirm unto the MORTGAGEE, its successors and ass~gns, all 7hat certai~ lot, piece or parcel of land, situate, lying, and being in the Couny of $t• LLiCie and State of Florida, described as follows: Lot 21, Block 1, PROSPBRITY PARK StBDIVISION, . as per plat thereof on file in Plat Book 7, Page 55, of the public records of St. Lucie County, Florida, ; ; P~!'r,•.n . ~~'S C 'F r,•. p' d~.; , ~ ~ C!'1' ' . . !1'.' ~ t`_.i ~ ! ~ 1 ~ i_ V . . ~ ~ ~ r~ ~ ' F,',:j. ,7: . i . r , ~ . ' • •.Jrs V H DOCUN!~NT/:;,"_Sif:if:~ ~I'i-%C a~ G:f;s i::- ~ 1-:1. _ - % ; r~ ~ ~.°.f,t ~U l,f; t J Z _ ' _ ~ul l:.~l.~~ J: ~ ~Kv-,~~~ F~f:;- - _ st tU~ c r~. r,r:~:4~ ~ U _ ~ . = re Ccu:.t,~ Izx ~ `ES ~R ~ y 0 e Co:~ector N CC~~?TRCLLEn y p~.14Q333 c1~'_"~' _ D~n' CIERI( ' t ether with ali and si ular the tenements, hereditamrnts and a rtances thereunto bel ~ ~ ug ng ppu ong'ng or in anywise appertaining thcreto, a~d all reMS, iuues, ~ proceeds and profits sccruing and to accrue from said premises, all of which are included in the above and foregoing destription and habendum. TO HAVE AND TO HOLO the above deu~ibed and gnnted premises unto the said MORTGAGEE, its successws and augns foreva. And the pid ; N10RT~p R for -t~'~r heirs, executors, administrators and assigns, hereby cove~ants with the aaid MORiGAGEf, its svctessors and auig+u, LA 6y 8.t@ nst - lawfvlly seized of the wid premises in fee simpfe; that the samr are free, clear and dixharged from afl liena and encvm- brances in law or in equity, and that they vvi11 and _ t~l@ir_ heirs shall wanant and defend the title to the ume to the said MORTGAGEE, it• successors and assigns, faever against the lawful claims and demands of all persons; 4 PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom~sswy note here~nbefo~e described and shsl~ truly, p~omptly ` and iully periorm, diuharge, execute, comp(ete, compiy wirh and abide by each and every tht stipulations, agreements, conditions and tovenanri of iaid prom;ssuy note and of this Mortgage, then this Matgage and the Estate hereby created shall cease and be null and void. ; ~ IT IS UNDERSTOOp thst the word "Mortgagoi' whether in 1he s~~gular cr plural anywhere in this Mwtgsge, shall be singular if one only ~nd shatl be plural jointly end severally if more than one, and that Ihe word "their" as used anywhcre in this Martgage shall be faken to mean "his;' "hen," ; or "its," whereve? tlx context so implics or sdmits. Also, that wherever there is s reference in the covena~ts and agreements herein tontained to any of ~ the parti~ hereto, the same thall be construed to mean as well as the heirs, legal representatives, successas and assi9ns (either voluntary by ad of the ~ parties or involuntary by operation of the law) oF the same and that the covenants herein contained shall bind and the benefits and advantsges inurt ' to the respective hein, kgal representatives, successors and asrgns of ~he parties heroto. ~ ~ And said Mwtgagws, for themxlves and their heirs, legai representatives, successors and assigns, hereby jointly and xverally covenant and agree to and with tF~e said MORTGAGEE, its successws and assigns: 1. To psy all and singular tlx printipal and inrerest and the variovs and sundry sums of money payable by virtue of siid promiuory note, ~nd this matgsye, each ~nd every, promptly on the days respectively the same severally become due. 2. To pay all ~nd singvlsr the taxes, assessments, levies, li~bilities, obligations and enc~mbrances of every nature and kind now on said dexribed property, o~ th~f heresfter r?~y be impwed, suffe?ed, placed, levied, or assessed thereon, a fha? hereafter may be levied or s~sessed upon tha MortQ~ sge, w the indebted~eu sccured F~ereby, esch and every, whe~ dve and payable, xcording to (aw, befwe they become delinqveM, and before any interest ; attaches a any penahy is incurred; AND INSOFAR AS ANY ?HEREOF IS OF RECORD TNE SAME SHAL~ BE PQOMPTIY $ATt5F1ED AND DISCHARGED UF ~ RECORD AND TFfE ORtGINAI OFFIClAL DOCUMENT (SUfH AS, fOR INSiAN~E, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFF~CIAtLY ENDORSED OR CERTIFIED) SHA[l BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that a~y thereof is not paid, ssYsfied and discharged sa:d MORTGAGEE may at any time pay the same or any parf thereof without waiving or affedirtg sny optio~, lien, eqviry p •iyht under or by virtue of this mortgage and the full amounr of each and every such payment shall be immediately due and payable and shall be+r interest ~•om the date thereof until paid at rate of n~ne per centum per annum and together w~t~ s~{ch ' re shalt be secured by the lien of th:s mo~g~age. BOOK P11C£ ~ ~ - - - - i:w