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HomeMy WebLinkAbout2367 2~143 ~HIS INDENTURE, Mad~ the_ 18th_ day of February 72 A.~. 19 between James J. Wonnell and Rita wonnelli his wif~ of SL . Lucie ~p~~~y Flwida, hertinaft.~ designa~ed as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ~ ASSOCIATION Of FORT PIERCE. ~ corpor~non a~an;zed and e~:~+ing under the larvs of the Un~red Sraiv~ of Amer;u ~nd Mvinp iri principal place of b~s~nei~ in th~ Gity of fwf P~KC~, S~. lucie County, Florida, hereinaher dei~ynated ~s t1w "MORiGAGEE:' WMEREAS tM MORTGAGOR is uatl indebted !o the MORTGAGEE in the sum of S 23s0~•O0 ~ 1 Y , good and lawful mo~ey oi the Un.ted 5•ates adranced by the MORTGAGEE unfo the MORiGAGpR, ai ev~denced by a certem prom~ssory rtate of even date he~ewith, of Nh;th the foilowing in ~ Nxds and f~g~res is a true copy, to-w~t: ~ s 23.Q00_QU N,_3-17,98b Fort Pierce, Flo~ida, February 18. ~y 72 For value received, I, we w either of us, prom:se to pay, without defatcat~on, to the orde. of FIRST FEDERAL SAVINGS AND LOAN ASS~XiAT10N OF ~ aRT PIERCE at Fort P~erce, ftorlda, the s~m of S 23 •~1 w~rh ~nre~es~ from date a~ the rate ot 7• 756,o per annum, in monthly ins~al!- <~~fs as fo~'ows: S 217•0O o~ the lSt d+y of April iq__7?_ end a I~ke sum on the carespond~ng day of esch month there- r.•rer untll fhe whole be fvlly pa~d. Each inscal~ment iirst shall be app~~ed in payment of the intcrest and then o~ ~he ~npa:d balsnce of the princpal sum. If d auh is mada in the , a,meM of any ins+a~lmem when due, and such detauh conlinues 30 days, then at fhe opt~on of the hoider, and witho~t any other ~ot~ce, alt the ~emsin;ng ~~sralirnenrs shai! be due and payabte at oncc. Priv~tege is 9iven fo prepay this note in whote or in part a~ any Kme without pcnalty. Neither forebearance, nor acceptnnce by the hoidr the~eof afte~ any default in any paymen~s hereon, shall be deemcd eafens~on. A Iate paymcnt charge of = 10. 85 sh~il be c~dded 10 C2C~1 installment remaining unpa~d 7 days after its due data, and a Iike sum shall be added to each such inataltment remaining unpa~d 7 days after each succeedin9 payme~t dare. fxh maker, su~ety and endorser hereof, jointly and seversfly, waives demand, presentment protest and not~ce of p~otest fpr ~onpayment, and further agrees to any extenswn of hme of paymem, eithe~ before o~ after matui~ty, without not,ce to any of us; and to pay all costs of collection, inctud:ng a <-,sonabk attorney's ftr in the event of any defau~t hereunder, and hereby severatly waivcs ali benef~t of homeseead a~d exemption under the constitution ~~d taws of each S~ate of ~he United S~ates, ss aqairut this obt~gation o~ sny exrens~on or renewal hereof. W~rness the hand and ual of each party. s/ Jame s J. Wozu~e 11 ~aU (SEAI) s/ Rita Wonnell ~A~~ $34. SO 1 Srate Revenuc ; baa~ ~t i1~ ~~wf~) NOW, THEREFORE, the MORTGAGOR for the p~rrpose of secu~ing paymem of sa~d sum oi S 23 ~~0• 0O , snd the performancs of ths c:•venanri ~nd egreerr,enti he?einafter expressed, and fw divers good and valuable considera~ions, by t!~ese prese~ri, does grsnl, bargain, sell, rem~se, •r~ease, convey and confirm uroo the MORTGAGEE, its successors and assigns, ell th~t cenain bt, piece or parcel of I~nd, aituate, lying, and beinq in the ' County of St . l.t1Cl aed State of Ftorida, dewibed •s fottows: ~ ?he East 46,7 feet of Lot 3- Less the North 6.7 feet~ and all of Lots 6, 7, 8 and 9 and the West 46.7 feet of Lot 10 - Less the i ! North 6.7 feet~ and also the East 93.2 feet of the South 40.93 feet of Lot 10, all in Block 1, PINEHURST SUBDIVISION, according to the plat thereof Yecorded in Plat Book 6, page 9, Public Records of St. Lucie County, Florida, S-~ q`r~ ec F- L O R ~ DA FEC£IYm =_~/D IN PAYMEhT CF T~Y~S DOCl11~}F.311TA~ ~STAMP TAX ~ DUE OH CIASS •C' IN;ANGlBLE PE~S~•tiA! FltO?ER.Y, ' PUKSiJAMi TO CWIPiER 71-13t, ACfS Or 1971,/J~ ~ - FE62rn ? a = ~ ~ 4 3 4 5 0~ F~GFR POllftA~, ~iit/R ~:tUJIS C6JR, S~. II:C~2 Co. fta~ ! ~ V lPT.M ~ilEOE _ ~ H!~ 12 rogetlKr with •U and singular the tenements, hertditaments ~nd •ppurt~nces thereunto betonging p i~ anywise ~ppertainir~ thereto. ~nd ~II rtnts, fuutt. Procceds ~nd profits accruirg ~nd to accrue from s~id prcmises, all of whid~ are incl~~ded in the abov~ and fasyoinp dewiption and habendum. t0 H~?VE AND Tp HQID the above desuibed ~nd yr~nted premises unto the iaid MpRTGAGEf, itt successon ~nd a:siyns fo~erer. Md tFw said MORTGAGpR fw - Lheir ~~~s, executors, sdministrato.s and assignt, hareby covenanh with the ssid NtORTGAGFE, itf tuccesaois and auipns, the are rhat -i----- tawiylty seized of the said prerrr~sei in fee simple; th~t sime are free, cle~r and diuhar9ed irom •11 lie~s and ~ncvm- brances in t~w or in ~quity, and ~hat they w,~p the ir heirs shall warrant ~nd deftnd the titl~ to the MrtN 10 1M Nld MORTGAGEE, its succeuws ~nd ~ulgns, forevsr ~yainst the lawful clsims and demands of all persorq; PROVI~ED, ALWAYS that if Ihe MORTGAGOR sMll pay unto fhe MORT('sAGEE the promisso?y nott hereinbefort dewibed a~d th~ll trufy, promptly end fully periorm, dixMrge, execute, tompkfe, comply wirh ind abide by eath +nd evcry ?he stipulations, agreem~nts, conditions +nd cov~naMS of uid prom~sso?y rate ~nd of this Mortg~ye, then this Mwtyaye ~nd the Esute hereby ueated shall ce~se and bs null ~nd void_ IT IS UNDERSTOOD that the wad "Morty~ypr" whether in the singular a plural anywhere in this Mortysye, shall be sinyulw if ons only and shall be plural jointly •nd sever~tly if more tMn one, and rhet rhe word "the7r" as v~ed +nywhe~e in th;s Morty~pe stull be taken to me~n "hii; •••hers,•. or "itt;' whereve~ the context w implies or admits. Alw, that wherlvN there is a ~efererxe in tl~e covenanti and agreemenri herein contained tp any of rhe partip hereto, the same shall be consuued to mean as well ~s the heirs, leyal representafivet, successws and ~u~yns (either volunt~ry by act of the partiet or involuntaiy by opersiion of the law) of the ~~me and that the covenants herein conuined shall bind •nd the benef~ti a~d adv~ntiges inur~ ~o the respective heira. Ieyal re~xeuntativq, succes?on ~nd au~9rn of tM part~es he~ero. And said Mwtgaport, for themselves ~nd their heirs, leyil reprexntatives, tuccessws •nd auiyns, hereby jointly and severalty tov~n~nt and ayre~ eo and wirh the said MOltTGAGEE, ifs succaso.i end au"+yns: 1. To pay a!1 and ~irgul~r thc principal ~nd imeres~ •nd the wrious and iundry wms of mo~ey peyable by virtue of said promissory ~ote. ~nd this mortg+ge, each ~nd ev~ry, promp~ly on the d~ys reipecr~vely the s~me severally become due. 2. To p~y •II snd singul~r the ta,ces, useumenn, levies, liabilities, oWig~tiont and encumbrances of every n~ture ~~d kind now on a~id dewibed a~operty, w th~t hereafter may be ;mpwed, svffe~ed. Dlited. leried, or ~uessed thereon, q that here~ite~ may be leried a~ssessed upon thii Mwt9- a9e, or tht indebtedness scc~red hereby, e~ch and every, when dve •r~d p.~able, xcordiny to law. befae ~hey becom~ delinQueM, and befort •ny interes~ a+taches o~ any penalry is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD iNf SAMf SHAII SE PROAAaiIY SAIISFIED AND DlSCHARGED OF RECORD AND iHE ORIGIPSAI OffICIAI DOCUMENT lS~JCH AS, FOR lNSTANCE, THE TAX RECEIPT OR THE SATISfACTION VAPER OfFIC1ALLY ENDORSED OR CERTIFIED) SNAII BE PLACED IN THE MANDS OF y11D MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAVMENT; ~nd i~ the event thar •ny tiKreof is not pa~d, sar siied snd d~schuged s~:d MORiGAGEE may st any t~me p~y the ssme a any pan thereof without waiving or affr_tiny any optioe, lien, cquity p •~ahr undm w by v~rtue of ~his morrflage ~nd fhe f~ll amount of each and every such paymem shatl be immed~a~ely dve and pay~ble and shall bear interest ~•om the date rhereof unril pa~d ar rate of n~ne per ce~!um p~r •nnum •nd togenc~r w~rh suc 8~re~~be ucu~~d~ l;rn of th s mo~yt~ye. VVR ~ ~