HomeMy WebLinkAbout2713 ~~0244
THIS INOCN~URE, Mada the ~bth d~y of ~t~e= A.D. 19~Q._, bctwecn
_ GQOta@ S Wellin~ ~nd JanQ D W~lling~ k~i: r fQ ~ '
uf St ~.~lC~~ County Ftorida, here~nalter des~gnated ai the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpora~~on ory~nized snd ex~s~~~x~ undrr the laws of the Un~ted S~s~os of America and having its prirkipal place of
busineu in Iho City of Fort Piarce, St. lucie County, Florida, hereinaite~ designated as tM "MORTGAGEE:' "
WHEREAS 1M MORTGAGOR ~s jus~ly indebted to the MORTvAGEE in the sum o( S 1O~ 9ood and lawful money of Ihe Un~ted
States advanced by the MORiGAGEE unto the MOkTGAGOR, es a~~d~nc~d by a tertain promisswy note of even ddte herowith, of whith the followir~ in
wo~ds a~d fiyures is a true copy, to-wir.
s 1 O, 000. 00 N, 3-16 ~593
Fort Pierce, ftorida, OCtOb@! 26 19 70
Fw value received, 1, we or either of us, prom,se to pay, withovt defaicaiion, tc the order of FIRST 1EDERAI SAVINGS AND LOAN ASSOCtAT~ON OF
FORT PIERCE at Fort Pierte, Florida, the sum of s__ 1Ol~~!~ - w~th interesl lran d~~e at the rate of8~7~ pH an~um, in monlhly install-
~»e~vs as iol!ows: f_ 89__•_~__ o~ _15thda„ of _~Ce~el---. 1970__ and a leke sum on the corrrspond~ng day of each mt+nlh there-
atter until the who!e be fully Naid.
Each instalimrnt fint shall be app:~~o in payment of rha iroerest and then on the ~npa~d balance of the princ+pal sum. If default is made in the
~~ay~nent of any ~nstailment when due, ard such drfault toNinves 30 days, ihen af the .;•`~cn of the ho~der, and without any othe~ not~te, all tne remaininy
~nsralLnents shall b.~ due a»d pay.+ble at once. Pnviiege is g~ven to prrpay lhis note in whole or in part at any Kme without penalty. Ne~ther forebearartce,
nor acceptante by the holder thereof after any default io any paymems hereon, shall be deeme'. extension. A late paymeM charge of S_-4_45_, ihall be
aoded fo each ins~aliment remaining unpa~d 7 days afier its d~e date, and a I~ke sum snall be added to eacli such ins~allment remain~ng unpaid 7 days ~ffer
each tucceeding paym.ent ciate. ~
Each maker, surety ~na endorser hereof, ~oimly and seve:a:!y, wa~ves de~nand, presemment protest and notke of protest (or nonpayment, and further
agrees to any extension of tune of paymant, e~ther be'.ore or afte~ maw~~ty, without notlce to any of us; and to pay al! costs of co~lection, indud~ng a
reasonable attorncy's fee in the event of anv de~.~ult herrundar, and hrreby sevrrally waives all benein of homestead and exc~pt~on under the tonstitution
a.~d laws of each State of the Un:ted Stares, as aya~nst rh~s ob':gat~on or any extens~pn or renewat hereof.
Witnesa the hand and seal oi each paity.
~ /s/ George S. Wallin9 ~A~)
(SEAL)
/s/ Jane D. Wiellin9 (SEAI)
cs~w
( ~ 15 ~ ~ ) State Reverwe
~ 10 ~0~~
NOW, THEREFORE, the MORIGAGOR for the purpose of securing payment of ~aid sum of S ~ and the performance of ths
covenanri and agreements hereinafter exp~essed. and for d+vers good and valuable considerations, by these presents, dcea grant, barya~n, sell, remise,
release, convey end confirm unto the MORiGAGEE, its successors and assigns, sll that certain lot, piece or partel of land, iituate, lying, and being in the
County of $t. ~LiCie , and State of Ftorids, described as followt:
l.ots 12 and 13, Block l, M. K. MOORB'S SUBDIVISION, as pez plat
thereof recorded in Plat Book 3, page 11, Public Records of
St. Lucie Caunty, Florida,,/
~
f Fr~rnT.. _ IN PA7MENT OF T!U(ES
C"~ ~ .';L1:i 'C IN711N6t6LE ~f::SC~AL P^On~~iY, : A
~ f. :.~i:; ~0 CIiAPTFR 2G724, ACiS OF 19'.1.
; t ..i, F{'I ~ iJ+S. Cierk Circuft f~urt ~L ~ ~ ~ ~ ~ , • - ' _ _
~ 2> R;.~t tor CNNIEL R KNOWLES, 1R O~ ~ J' . -
` St L~cie CCU:ty T ~ ' _ ''.?'c~ - ~ ,~i,w ~ J ~ t~ 3
~ aX COIIeGtnt c°~ cc ~ HcL~£ ~ , ' _ •
~ By ~ ~~t~ N [~~,i~~;a8 r.=~:=
DEPUTY CLE2K
together with all and singular the fenements, hered~taments and appurtances thereunto belonging or in anywise apperlaininQ thereto, u+d all rents, istwa,
~ prOC!!df ~nd profits accruing and ~o accrue from said prem~ses, all of which are includecl in the above and faeyoing dewiption snd hsbendum•
~ TO HAVE AND TO HO 0 the above described and granted premises unto the said MORTGAGEE, iti successort snd assigns forewr. Ar'wi tM s+id
MORTGAGOR fw ---th6~I---- he~rs, executws, administrators and assigns, hereby covenant~ with the ssid MORTGAGEE, its fucttston a+d astipM.
rhet - th@x - lawfully seized of the said premixs in fee simple; that the aame ara frae, clea~ a~d dixharged from ~II liens and ~ntum~
brances in Isw w in equity, ar?d that they Will and their F,eers sh~ll wa?rant and defend the titl~ to the sarn~ to 1M s+id
MORTGAGEE, itt succesaors and auigns, forever against the lawful daims and demands of al{ persons;
PROVIOfD, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prwniuory note hereinbefore described +nd ahalf truly, promptly
~ and fully perfwm, d~scharge, e:ecute, comp~ete, comply with and ablde by each and every the stipulations, ~greements, condifio~s and toverunb of uid
promissory note and of this Mort9sfle, then this Nbrtysge and the Estate hereby ueated shsll cease a~d be null and void.
~
IT IS UNDERSTO00 that the wwd "Mo?tgagor" whether in the s~n9utar o~ plural anywhere in this Mortgspe, shall be sinqular if on~ only ~nd
~ shall be p~wsl jointly and sevcrally if more than one, snd ihat the word "their" as used anywhere in this Mwtyape shall be t~ken to rr.t~n "hls;' "htn;'
w"its;' wF~erever the conteat s~ implies or admits. Also, that wherever there ii a reference in the covenann and ~yreemenri herein contai to any o
~ ~he parties hereto, the same shafl be :a+strued to mean as well as the heirs, leyal rtpresentatives, successors and suiyra (either voluntary by sd of tM
~ partie~ a involuntery by operotan of the law) of the same and thtt the covenants herein contsincd ihall bind and the benafits ~nd ~dv~ntapes inwe
to the rapective he"as, I~yal reprexntatives, tuccessors and ass~yns of the partia he~eto.
~ And iaid Nbrtgsgors, fw themselves and their he~rt: Iegal represemarives, successors and auigns, hereby jointly and averally coven+nt and ~ree
~ to snd with the said MORTGAGEE, i?s successors and asi~gns:
1. To pay aIl +nd singular the principal snd i~terest ~nd the various ~nd sundry sums of mon~y payable by virtue of said promissory nofe, and this
mwt9~ye, esch and evtry, prompNy en the days ~espectively the ame sevtr~lly ~pn~ due.
2. To pay •II and singula~ the t~xes, assessments. I~vies. liabilities, obliy+tions and ~ncumb~arxet of every natun and kind now on sakl daufb~d
~ property. a that heresfta may be imposed, suffered. Placed, levied, or +uessed thereon, a that hereaher may be kviad or suess~d upon this Mat¢
'~f s9t, a tl~t indebtedneu tecvred her~by, exh and ~very, when due +nd payable, accwding to l~w, before they becan~ delinquent, and btfort ~~y MN~r~st
sttaches or any pendty is inturred; AND INSOfAR AS ANY THEREOf IS OF RKORD TNE SAME SHAtI BE PROMPiIY $AT{SFIEO AND DISCHARGED OF
RECORD AMD THE ORIGINAL OFFICtAI OOCUMENT (SUCH AS, FOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PAVER OFFICIAIIY ENOORSED
OR CERTIFIED) SHAII BE VLACED IN 1HE HANDS OF SAiD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the tvent thst a~y thereof i~ not
~ paid, saYs6ied and dischuged ~a:d MORTGAGEE mey a1 any t~me pay the same o~ •ny pa~t thereof wilhout waiving o~ af(ec:in~ any option, lien, pvity w
•~qht under w by virtue of this mor+gage and the full amount of each and every such payment ihall be immedistely dve and payable a~d fhall beat interest
~rom the date thereof until peid at rate of n~ne per ce.itum per annum and together with such interest shall be secured by the ~ien of th:s mor9tay~.
B~II All~
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