HomeMy WebLinkAbout1593 ~sss~o
THIS INd[NTURE, Made the ~~'h day of ~~'em~9r A.~. 19_!! ~ betweu?
J. LangaLon Nil~iame and Shirley R. iiillians. his ~rife
, •
of Sti. U3C~8 ~o~nty Florida, hereinafte~ desgnaeed ~s the '"MORTGAGOR," snd FIRST FEOERAt SAVINGS AND IOAN
ASSpC1AT10N OF FORT PIERCE, a cwpaa~ion oryanized a~d existiny under th~ Iswi of •tlw Unifed Stat~t oi Ame~ice and havirg In principal plac~ of
busfr»u ie~ fhs City of Fwt Piares, 5~. luci~ County, Flaida, hereinafter d~aiynat~d as tM "MORTGAGEE."
WHEREAS the MORTGAGOR is jvitty ~ndebted lo tM MORTGAGEE in the sum of i- 16~~~~~ good snd lawful mo~ey of the Uiited
State~ ~dvanced by the MORTGAGEE un~o the MORTGAGOR, as evide~ced by a certai~ p~omiuwy note of even date herewith, of which the (olfowirq in
words and fig.ros is s true copy, towit: ~~R~ 385
s 16,500 00
Fort PiKCe, florida. ~,~~n~~ ~ Q 19____L_
Fo? value received, 1, we a either of us, promise to pay, wi~houf defalcation, to the orde~ of FIRST FEDERAI SAVINGS AND I~AN ASSOCIATION Of
FORT PIERCE at Fort Pierce, Fbrida, the sum of 5-16 5~ ~Q 8 0
~ ~ ~ _ with enterest from dale at 1h~ rate of ~s+ annu:n, in mortitily iosf~l6
~T,ents as follows: =_--~L'~ on the ~ st day of _ N~B~~r 19 ~ ~nd a like sum on the carespondir?p d+y of each month therc-
a4ter untit the whote be fully pa~d.
Eath installment lirst shall be applied in paymenl of the interest and ~hen on the unpaid balance of the principal wm. If defauk is ma~ in the
F~ayn~~t of any instaltmem when due, and such default cominues 30 days, then at the oprion of 1he hoider, and without any other ~olice, all tF?s ramaining
~nstallments shall be due and payabte at ooce. Privilege is given fo prepay thia nofe in whole w in part at sny time without penalty. N~eA~her pfo~tebesante,
nor acceptance by the hoJder thereof affea any defautt in any payment~ hereon, shall be deemed extension. A late payment charge of i "!~Z, shall be ~
added ~o each ins~allrr.ent remaining unpa~d 7 days afte~ its due date, and ~ Ifke sum shall be rdded fo each such ins~allment remaini~g ~npaid 7 days after
ea~h succeeding paymero date.
Each maker, surety and endorser hertof, jointly and seve~ally, waives dema~d, presentment protest and notice of protest fw noopayment, and furthe~
ag~ees to any extension of time of payment, either before or after maturity, withaut not;ce Io any of us; and to pay all costs of collection, includi~y a.
reasonable a~torney's fee in fhe event of any defautf he?eunder, and hereby severally waives alt bene(it of Iwmestead and exempliort under Ihe co~titufion
and laws o! each State of the United States, as agai~st this obliga~ion or any extension or rcnewal hereof, '
W~~ness the hand and seal of each party.
s/ J. Langston Williat~s ~U
cs~?u
s/ Shirle~? R. Willia~ns ~
( ~u • ~ 5 ) State Revcnue
(`.,?ee+P:eanceMee~araAghtsh~ nVe+ei~
NOW, tHEREFORE, the MORTGAGOR for the purpose of sec~rirg payment of said sum of = 16~7~~~ ~ snd fhe performen~e of th~
:ovenants and agreemenu Ixreinafter expressed, and for diven good and va~uable considentions, by these presents, does gr~nt, bsryain, ietl, remise,
retease, convey snd confi~m unto the MORTGAGEE, its successws and auignt, all that ceruin lot, piece w parcet of I~nd, situate, lying, and being in tM
County of St. Il1C~A ~ er?d State of Florida, described as follows:
Lots 7 and 10, Block 16, 01l~AND PARI~ SIIBDMSION, as per plat thereoY
on file in Plat Book 2, Page 7, of the Pub11c Records of St. Lncie County,
Florida,
W,. S~rAT~ ~Fr~~k~uA
~ F- DOCUMENTA~" STAMP TAX •
~ ~.r.
~ = SEP1T'71 a ~ = RECEIYED ~~.~-3sma IN MYMENT DF TAiIQ
=
a- 2 4 7 5~ ~T'~`1~~.
y otat.OF NtRtfE
P. B.~9o~~: Roc~R ~o~~s, a~~c a~~~ c~~~t
ss Ajent hr dANIEI N. KNOWIES~ 1R ~
St luck Cou~.ry Tai Colkc~or
~ .
+ogether w~th ~U and singular the tenements, hereditaments +nd appurfances thereunto belonging w in anywite appert~ini~y t1~Neto, +nd all r~nb, issws,
~
p~oceeds and profitt sccruing and to acvue from said premises, all of wFiKh are intludsd i~? the ~bove ~nd for~yoirg d~sviption a~d habendum. ~
TO HAVE AND TO HOLD the sbove desvibed and yranted premises unto the said IY{ORTGAGff, ib sutussors ~nd ~ssiyns for~vN. And th~ ssld
MORTGA}GyO~R .f,or ----~~it-- Fie;rs, executors, administrators and assigns, hereby covenann with the said AAORTGAGEE, its suct~ssors ~nd assi~ir, ~
ihat --~i-~-- iawtulty seized of fhe said prem~us in fse •imple: that th~ ~ame are fre~, clear and discMryed from all litm ~nd ~ncw~ 4
brsnces in law or in equity, and that~_ wiU and thei r hein shall warrant and dtf~nd the titlt to fM sam~ to fh~ s~id ~
MORTGAGEE, its svccessws and auigns, fwever syainst the lawful clsims and demands of ~II perspy;
PROVIDED, AIWAYS tMt if the MORTGAGOR shall pay unto the MORTCsAGEE tM promiuwy note hereinbefore tl~stribed a~d sh~ll truly, pomptly
and fully pcrform, d~xhargt, e:ecute, comptete. comply wieh ~nd abide by eath and we?y tht stipulations, apre~rnenri, condifiqa ~nd tovtnann Of ~id
p~omi~awy note and of this Mortgaye, then this Mortgage end the Estate heroby v~~ted thall ce~se ~nd bi null and void.
IT IS UN~ERSTOOp that the wwd "Mwtyagor" whether in the sinyular a plural ~nywhere in this Mwtpap~. shatl be sinpular if ont only and
shall be pfural jointly ~nd severally if mote tMn one, and tAst the wwd "their" as used anywF~ere in this Mort~p~ sA~ll br tiken to m~an •.hiq,•• •'}~en,••
w"its;' whererer the conte~et w implief w admits. Also, that whereva the~e is a rsfa~nc~ in the covenanta and pra~menri her~in tw~t~in~d ro~ny o4
the p~rties hereto. th~ tame thslt be consfrued fo mean as well af the heirs, (e9a) rtpresentativef, wcces~ws and ~ufy~q (~(thN vol~ntary by ~tf of tlw
parries or involuntary by operafion oi ~hs l~w) of the s~me and ~hat the covenants Mrein contained ahall bind and tfk b~netib ~nd advaMapq fnw~
~o the respectivt heir~, Ipal re{xetentatives, successas •nd ~ss~9ns of the partits h~reto.
Md taid Mortyayors, fa themsclves ~nd their heirs, leyal representative~, ~~cceswrs ~nd ~uiy~f. FMr~by jointly ~nd ~va~t(y tov~naM ~nd prN
ro and with the s~id AAORTGAGfE, its succe~wn and ataiyn~:
1. 7o pay +It ar+d sirpul~r ~hs pi~rxipal ~nd imeroft and tM v~raus and sundry sum~ of moneY paYabl~ by virtw of ~aid promiswry nob. Md Mis
mwt9pt, ~~ch and wt~y, promp~ly on tM d~y~ respettively IM ~ar?N ~ev~r~lly becortw dw.
2. To pay ~ll ~nd ~i119YIN the t~,ca. ~~a~uments, l~vies, li~bili~ies, obliqations •nd tncumbrancN oi ~wry natur~ ~nd kl~d rww o~ ~aid dauib~d
prop~rtY, a that hsrtafr~? m~y b~ impwed, ~viler~d, pl~csd. levied. or awsstd fMrwn, a that her~~itK m~y b~ I~vied a nsaNd ~{wn thi~ Mort¢
ay~, w tFN indebtedna~~ a~curd her~by, e~ch ~nd ~v~ry, wh~n dw ~nd pay~bl~, accordinp to I~w, b~(a~ tlwy b~cwn~ d~Unqwnl. ~nd b~fu~ ~ny Mhrnt
ancches w•ny penefty is incurred; AND INSOfAR AS ANY tHEREOF IS Of RECORO iHE SAME SHAIt aE PROINP?lY SAIISf1Ep AMD ~ISC?tAAGEp OF
kECURD AND iNE ORIGINAL OfFIC1Al DOCUMENi (SUCH A5. FOR INSIANCE, TNE TAX RECEIPT OR TME SATISFACTION PAPER OiFIC1ALlY ENOORSEO
(iR CERTIFIED) SHAII EE VLACED IN TNE HANDS OF SAID MORTGAGEE WIiHIN TEN UAYS NEXT AFTER PAYMENT; a~d in ~M ~v~nt tMt ~ny tl~~ol is not
pa~d. ~~r sl~ed •~d d~ach~~ged u d MOAIGAGEf m~y •t ~ny I~me p~y the i~me a~ny p~rl fhereo( witFaul w~ivinp or al(Ktin9 ~ny opl{on. H~n, puity p
•.pht under a~ v~rtue of this mo.ty~ye ~nd ?he tull a~noun~ of e~ch ~nd ev~ry ~uch p~ym~nt fh~ll b~ immtdut~ly dw ~nd p~yabl~ ~nd tl?~II b~a infK~st
~~om ehe d~tt ~he?eo1 ~r.~il pa~d ~~te of n~n~ pe~ crnwm per •n~um •nd ~oqe~her w~~h wch inrsr~at ih~lt b~ fecur~d by t!a li~r? of tb:~ mpplp~.
B~o~ 195 P~~~ 1591
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