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THIS INOENTURE. Mad~ the 24th day of ~Ce~~r A~. \4
~l between
John L.. Wills~ a s nqle adu2t
i
of St. ~.UC~Q ,~p~nfy Flaeida, hera~~aiter detigna~ed as ihe '"MORTGAGOR," and ffRSi FEOE~AL SAVINGS AYO IOAN ,
ASSOCIATfQN ~F FOR1 PlERCE, a corporat~on wgani:ed and ex~se~ng under the laws of Ihs Un~ted S~atos oi Ameriu and heving ita princlpal plue of
bus~ntss in tM City of Fwt Pieres, 5t. luca County, Ftaida. Mrei~af~er dssipnated as ~F~ "MORTGAGEE:'
WHEREAS tlu MORTGAGOR is justly indebttd to the MORTGAGEE ~n the sum of S 24~3~`~ good and tawi~t mo~ey o( thr ~n:ted
S!ates advanced by the MORiGAGfE unto the MORIGAGOR, as evide~ced by • tertam p~omissoty note of even date herew~th, of whlch the following in
.kor~~ru~~gyr•~ s trve copy, towit: 3~17~777
s ~ j~~
No
fwt Pierce, Florida, ~e~ber Z4 ~y71
Fp value received, 1, we w either of ~s, prom~x ro pay, wirhout defalcat~on, to the order oF FIRST FEDfRAL SAVlNGS RND IOAN ASJ(X.IAi1tvN Ur
~ FORT PIERCE at fort Pirrce, f(orida, the wm of s_~~ 3~0.~ _ vrnh ~nre~e~~ from date at 1he rate of 7s7~ per annum, in moNhly inatall-
~~e~ts as fo~!ows: Sl~$~-QQ_` on the ~t day of Februa?rv ~q 72 and a like sum on the conespo+xl~ng day of each month there-
arre¦ uroil the whote be fully pa~d.
. fach ~nstailment first shall be appi:ed in payment oi the int~resl and then on the unpaid ba!ance of the princ'pai sum. If d avh is made in the
: ~ ~,+nent of any ins~ai:ment when d~~e, and such drfautt conrmues 30 days, then at the option of the holder, and without any other noNce, all the remain~ng
~ ~~sfallmems shall be d.,e and payable at once. Pri~itege is given to prepay this note in whole or in part a1 a~y t~me without penalty. Neirher iorebea~anie,
, nor acceptsnce by the holde? thrreof after a~y defauit in any payments hereon, shall be deemed cx~e~s~on. A late payment charge of j_ 5• 9O , thail be
added to each ins~alfinent remaining unpa;d 7 daya after its due date, and s t(Ae sum shatl tx added to each such instailment remaining unpaid 7 days after
each succ~ing payment date.
Each maler, surety and endaser hereof, jointly and severally, wa~vcs demand, presentmrnt p~otest and notice of protest fpr nonpaymer.t, and further
agreea to anZ extension of t~me of payment, ei~he. before o~ after maturity, without nohce to any o( ~s; and ro pay all cos?s of collection, intlud:np a
r~~asortable attorney's fee ~n the e+ent of any default hereunder, snd hereby severally waivcs afl benefit of homestead and exemption undei the cons:itution
~~d laws of each State of the United States, as against this obt~gation p any extension w renewal hereof.
\
~ W~tness the hand and ~eal of each parry_
s/ John L. Wills, a single ad~~~
~ tsent)
(SEAI)
` 21. 45
( ~ State Revenue
iSraw~?s• Mwo~11e~ ~w ~igw~t-r+~M)
NOW, iHERfFORE, the MORTGAGOR fa the pu~pose of secvring psyment of said sum of j 14~3~•~ and the performance of the
covenants and sgreements hereinafTer expressed, and fw d~vers good and vsluable cons~derst~ons, by )F~ese presents, does grent, bargain, . sell, remise,
rel.ase, co~vey and confirm unto ths MORTGAGEE, its succeuor• snd assigns, eit that certain lot, piece d paicel of land, aituate, lying, and being in the
County of St . LuCl@ ~ and Srate of Fbrida, described ~s tollows: ~
i
Apartaent E-II-105 of the COLONNADBS CONDOMINIiMS NO. 3, according to
!
.~...a s.. n o gv;4 lOa_ P~np 2596:
the Declaration oi Concia~ii~auw ~e~~.~.:.. . ~
~
F
~ and rerecorded in 0. R. Book 195, Page 1655, of the Public Records of
S t
~ St. Lucie County, Flor ida, YOGB?HER WI?H all of its appurtenances ac- ~
f
cording to said Declaration, ~
i
; nuFEph° _ ~
~O ' N G
i pllRSi,6~htT
0'S 'C !N
AYC! PA~1.y
~ p,p~_R CN/'~°T,R Y4
B[E PER~p ~ ~F T
F . POI: i;hS 24• ACT A[ p~p~
: W U i~a 1 r" 1_' 'L ~ f V/a ~ A~ert C'~:~ CI(CU(r S~ ~l,"~s~T
a ~ . .r~_1 ~ Is~~RP 1 ~ti i~ S.~ f0/ ~.~;~~C~ N. riQU/t
' lucie ~ KN01%L~. I
€ ~ o _ Gf C 3:~ 71 r,_
j.' ~ = t; T
az Col1
` ' 2 t 4 5= ay enor
v~ ?i.~?._~~,:_~~Y~~f: - ~
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rogether with all ~nd sir.gulsr the tenementf, hereditaments and ~ppurfances therevnto belongirg w in anywiu appertainirg thereto, ~nd ~11 renta, iuuet,
procerls •nd p.ofin accruing •nd to accrue from said prem~ses, aH of whicfi are included ln the abore ~r+d foregoing dewiption and habendum.
; TO HAVE ANO ?O HOtD the sbove dewibed and gaanted premises unto tMe ssid MORTGAGEE, its tuccessers and auiyns forever. Md tiw said `
' ~he ir ~
; MORTGIIGOR for heirs, exetutors, sdministraeors and sssigns, hereby covenanri with the said MORTGAGEE, its sutcessors ~nd ~uiqro, ~
- the +~are_ ;
~hat - lawfully seized of the said premises in fee simple; tMt the same sre free, ctesr ~nd dixhar9ed from •Il liero and tncum~
= brances i~ law or in equity, and that t}1ejL- will and their heirs thall warrant and defend ~he title to the tame to tM said
MORTGAGEE, its successors •nd eugns, forwer agsinst tM lawful claims and demsnds of ~it perwns;
- PROViDED, AlWAYS tMt if the MORTGAGOR shafl pay unto the MORTGAGEE the ptomisw~y note hereinbefore dexribed ~nd shall truly, {xomptly
_ and fuUy periorm, d~xharge, execute, complete, comply with snd ab~de by each and every the stipulations, agreements, conditio~s ~nd covenanh of said
prcmissory note and of this Mortg~e, then this Mortg~ge and the Eitate hereby verted shall cease ~nd be nuli ~nd void.
~ IT IS UNDERSTOO~ tMt the word "Mortgagor" whether in the singuler or ptvral anyvrher~ in this Mwtgage, shap be i+ngular if ont onty and
~ sha!! be plu+al jantly and sever~lly if more than one, and that the wwd "their" ~s used anywhere in this Mortgage shall be t~ken to me~n "hi~; •••hert; '
~ or "its;' wherever the corifext w impliet w admiti. Also, that wherever there is a reference +n the covenants snd syreements herei~ coet~ined to a~y of
rhe p~rties hereto, the same ahatt be construed to meu~ at well u the heirs, leflal rtp?esent~tives, ~uccessors ~~d aui9ns (eithe? volunury by ad of th~
parties or involuntary by operatan of the Iaw) of fhe ssme and that the covenants herein contai~ed shall bind snd the beneiits snd advaMSges inurt
ro ~he resp~ctive he~rs, kgal representatives, successors and su'gr+s of tha partiet hereto,
~ And s~id Mortypors, for themse~vts end their hein, legal repreuntetives, succes~on and auigns, hereby jointly and sevenlly covensnt and agrse
fo ~nd wirh the said MORTGAGEE, ib svccessors and assgns: .
1. To pay ~II and sinqular thc principal a~d interest •nd the various and sundry ivms of money payable by virtue of said promissory note, and thit
morty~ye, eath and every, promptly o~ the d~ys respectively the same severaiiy become due.
i 2. To pay •!I and singul~r the tsaes, asseismcnh, kviei, liabitities, obligations and encvmbrarxei of every nature and kind now on said described
property, a that lu~eshe~ may be imposed, suffcred, placcd, tevied, o~ ~ssessed thereon, w fMt hereafter may be levied w assesied upon this Maty~
afle, o? t}~e ind~btedt~css secured hereby, each and every, wlxn due and payable. Kfpdiff~ to law, befae ~hey become detinquent, and befon ~~y int~re~t
atcaches or any penalty is incurred; I~MD INSOFAR AS ANY TMEREOF IS OF RECORO TNE SA1V1E SHAII 8E PROMPTLY SATISFtEO AND DISCHARGED Of
RECORD ANO THE ORIGIt~AI OFfICIAI DOCUMENT (SUCH A5, FOR 1NSTANCE, THE TAX RECEIPT OR THE SATISFACTlON PAPER OfFICIAIIY ENDORSEO
OR CERTIFIED) SHAII BE PLACED IN THE NANDS Of SAiD MORiGAGEE WITHfN TEN DAYS NEXi AFTER PAYMfNT; and ;n fhe event th~t any rhereof is no1
p~id, sst"sfied snd discharged sa:d MORTGAGEE may st any t~R~e p~y the same w any part thereof viithout waiving or affecting any option, lien, equity a
•:afit under or by virtue of this morryage and the full amo~nt of each and every such payment fhall be immcd~atety due and payabte and shall beir inte~est
~~om the date rhereof vnti! paid a? rate of nine pe? tentum per annum and togethcr w~h~ucFj i~~ft ihall tu~ by the lien of th:s morytaqe.
BO~K 1 F'ACE~~5~