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HomeMy WebLinkAbout0990 223163 ~ ~ THtS INDENTURE, Mad~ the 31st day of J~'II~'ry A•~• ~9 72 bet`a°°^ Wiley G. Wooten and Gloria J. Wooten, his wife of $t. L11Ci@ , Covnty Florida. M~einafter ds~ignated as ths "MORTGAGOR;' and FIkST FEUERAI SAVINGS AND LOAN ASSOCIATtON OF fORT PIERCE, a m~porat~a? ory+ni:ed and existiny unda ths laws of tM U~~~ed Sat~s of America and Mvinq iri principal pl~ce of b~un~u in tl» City of fa~ Piaa, St. lucH Gounty, Florida, hsreinaftK des~ynated tM "MORiGAGEE:' WHER~EAS tM MORTGAGOR is jvitly indebttd to the MORTGAGEE in the tum of = 14~~~'~ ~ good +nd I~wful money of the Un~ted S+atss advanced by the MORIGAGEE unto the MORiGAGOR, as evidenced by ~ certain prom~ssory note oi ever~ date herew~th, of wh~ch the followin~ i~ wo+ds and figurei if a trw copy, to-wit: s 14,000.00 r,~, 3-17~897 Fcrt Pierce. Flaida. Janud rv 31 ~9 72 Fw value receivcd, 1, we or either of us, promise to pay, without defafcateon, to the o~der of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fcrt P~erce, Fbrida, the ium of S id~~~•~ w~th interest (rom date at the rate of ~~A', per annum, in montFly instal~- ~nems as foI!ows: i 104•~ on the ~ti- day of -IuIIe , 19_1~ and a like aum on the co?respond~rq day of esch month there- airer until the whole be fu11y paid. Each ins~allment first shall be appficd in payment of the interest and then on the unpaid balance of the princ~pal sum_ If d sult is made in the ra~ment of any inatallment when dus, and such default cont~nues 30 days, the~ st ~he opt~on of the holde?, snd withaut sny other notice, all the remai~ing ;~,irallments shail be due and payab:e at once. P~ivilege is given to prepay this note in whole w in part at ~ny time without penalty. Neither fotebear~nce, ncr acceptance by the hofder thereof afte~ any default in any payments hereon, shall be deemed extension. A late payment charge of s 5•2O sh~ll be added to each installment ~emaining unpa~ 7 days after its due date, snd a like sum shall be added to each such ins~allment ~emaining unpaid 7 days after each succeeding paymeM daie. Each make~, surety and endwser hereof, jointly and seve~ally, wa~ves demand, presentme~t protest and notice of protest for nonpaymcnt, and furthe~ agrees to any e:tension of Nme of payment, eithcr before w aftm maturity, wi~hout not~ce to any of us; and to pay all costs of collection, includ~ny a- reasonable attorney'f fee in the event of any defauit hereunde~, and hereby severally waives all benefit of homestead and exemption under the ta+stitution e~,d laws of each State of the United Statcs, as aga~nsf this obl~gation or any extens~on o~ renewal hereof. Witness the hand a~d sesl of each party. - (SEAI) s/ Wiley G. Wootea ~i~ s/ Gloria J. Wooten ~ ~ 21 t Stste Revenw (S~ampr e~nc~Hed a* eeipirwl~e~e) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of tsid sum of = 1'a~~~•~ ~nd tM pe?(wmance of the covenants and sgreements hersinafter e:p.esxd, and fo~ divers good and valuable considentiau, by theie presents, does y~ant, baryain, iell, remisr, ~e!ease, conve and confi~m unto the MORTGAGEE, its fucceuo.s ~nd ~ssiyns, afl that certain lo?, picu or pucel of I~nd, situate, lyiny, and beir?p in the Counry of ~t• 1'~~ and Sute of Florida, described ~s followi: Lots 3 and 4, Blxk 2, RLORBNCB M. HATCHBR SLBDIVISIQ~i, according to the ~ t Plat thereof recorded in Plat Book 10, page 7, Public Records, St. Lwcie County, Florida, I - . i ~ i . ~ s i ~ , ~ 1~-ii ~F ;-LU~-21uAJ ~ T 1 ~ a-` ~ r~,~rt,?Tr.n~~ ~',_i',__± ~ t~ ~ - = ~ _ " - ~ ~ ~ - Fce-r;2 . = ~ _ _~2l00== ~ U _ (r-~ ~ ;irl.~F k!tE1:Ht~ r ' 0 ~ ' - - ~ ~ p~ O P.b.i9yi1Z ~c~o i~----. Ill tAY1~1E1~T tR T~ ouc oN awss ~c nrt~r~c~u~ ?E~ ?wor~n, 4 ~ vu~sWwr w cw~r~ n•is~. ntrs a»n. i106ER P011RAS, Ctatt ChoM CcnK 3~ Lucie Co. fla. ~ ~ iogether w~th sll a~d singul~r the tenements, hereditaments ~nd ~ppurtsnces tF~ereunfo belo~pinp w in ~nywise ~ppertaininp ther~to, and all rsnri. issues, ~ prxeeds ~~d profiq acauing and to accrue from said premises, all of which are included in tM abov~ ~nd for~yoinp dtxription ~nd Mb~ndwn. ~ TO MAVE AND TO HOID the above desuibed and 9ranted premises unro the taid MORTGAGEE, its succ~ssws and +uipm forwer. Md th~ said ~ MORTGAGOR fa ~L---- heirs, executon, administraten ~nd •uigns, hereby covcnanri with the said NWRTGAGEE, ib suattson ~~+d ~uipm, 3 ~ +hat ~~-~e-- lawfully sef:ed of the iaid pem~sa in fee ~impl~; th~t tM same ~re ira~, clt~r and diich~rped fran all liem and ~ncvm~ ~ ~ brantes in Isw w in equity, .~a rn.~ they W~~~ t~1@~r hein shall w~rraM and dtf~nd tFw titl~ fo 1M samt to tM Nid t MORTGAGEE, it~ svcussors ~nd auigns, forever ~y~i~~t tF+~ lawful clsims +nd d~ma~ of sll periaa; 3 PROVIDED, AIWAYS tMt if the MORTGAGOR shall p~y unto ti+e MORTGAGEE the promiuwy note hertinbefw~ dewibed and ~hall trvly, promptly ; end fully perfwm, d~uMrge, exec~te, complete, comply with and abide by each and every the stipulatiw?~, preemsnn, conditiau u?d coven+nts of said ~ - promiiso.y note +nd oi this Mwtgspe, then tha Mort9sy~ and tM Estate her~by ueated ahall c~as~ and b~ null +nd void. t ~ 9+~?~~ ^9 P Yw ~+W ~ Y r% IT IS UNDERSTOOD th~t the wad '"Mort wMthtr in tM s~ ular w Iwal ~e her~ in this Mort ahall b~ ular if one onl ~nd f ; shall b~ plurd jointly ~nd ~everally if mws than one, snd thaf tM wwd "the~r" a~ u~ed anywhen in thh Mor~yaye sMll b~ takM to rn~an "his:• ••Ixn; • ~ ' or "its;' wherever the context w implie~ or admits. Alw, that wfierever ther~ is a r~ferenc~ in the covenanta and preemenq htrtin contain~d to any of ~ ~he parties hereto, the same ahall be conitrued to me~n well ~s tht heirs, Ipa) r~prssentatives, successwt ar+d auip~a (sithtr volunt~ry by M of tM ` ~y;:: parfils o~ inrplunt~ry by operation of the Iew) of the same ~nd that the covenants herrin contained ihall bind and tF~e benefiri ~~d advant~y~s inur~ f ro the respectire heira, lepal representatives, successors and au~yns of th~ paniK hereto. 5 ' And said Matgpors. fw tMmxlves a~?d their Fxin, leyal ~~presenUtives, tucceuon and auiyns, hereby joiMly and wv~rally covenant and pr~e ~ "ti° to ~~d with the said MORTGAGEE, its successors and assiyns: ~ t:, ~ ~ = 1. To pay +II +nd sinyular the prirKip~l and interest and tFie various ~nd s~ruiry :ums of money payablt by vi?tw of s~id promiswty not~, ~nd thif rr.wtyape, each ~nd every, promptly on IM dsys respectively the tame sevtrally becortw dw. ~ _ 2. To pay all and sinyulsr ttx taaes. ~sscsunenri, levies, lisbilit~es, obli9stia?s and encumbr~~cea of every nature ~nd kind naw on said dtatribed ; 'y-=: p~op~rty, or that hereaftK may be imposed, wffered, pl~ted, (evied, w~s~esud tMreon, w that here~iter m~y b~ levi~d w~uessed ~pon this MortQ- ~ " age. or tht indeb~edncss secured Mreby, exh ar+d sv~ry, when dve ~nd paysble, xco~dirg ro I•w, befw~ they becarw dtlinquent, and befor~ ~ny int~re~t ~ anaches w any penalty is incwred; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROAMTIY SATISf1ED ANp DISCHARGED Of RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OffICIALIY ENOORSEO ~'a OR CERTIFIED) SHAII BE PLACED IN THE MANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT APTER PAYMENT; ~nd in tht event ti»t any thereof is not oa~d, sat"sfied and diuharged ~a:d MOR7GAGEE m~y at any time pay the same w any part ttiereof without waivir~g w afitctiny •ny optia+, Iien, equity or - •~~ht under or by virtue of this mortgsye and the full amount oF each ~nd every such payment shall be immed~itely due and payable and shall bear int~rest ~~om the date thereof until ps~d at r~te of nine ptr cenrum per annum ~nd toyether w~~ ~yciyiy~/~ shall be y~y~by the lien o~ th:s morytapt. 800K Zv FAGE vuv r _ . ~ - ~ ~ - y" . . . . . _