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HomeMy WebLinkAbout0725 J~~~a7`~~ t b THIS INDENTURE. Mad~ the l~th day cf August A.O. 19 72 betwean _ ' Donald J. Willems and Joan C. Wi21e~s. his w~fe of St • I.11C~l~_~ ~~y florida, hereinaftti desgnated aa the "MORTGAGOR;' and fIRST FE~ERAI SAVINGS AND IOAN A$$O~IATION OF fORT PIERCE, • co~poration oryanized and exitti~y under tM laws of th~ United Satv~ of Am~ric~ ~nd Mvinp it~ princip~l pixe of t buiin~u G? tM City of Fwt PiKU, St. luci~ Cou~ry, Florida, h~~~inaiter deiiynued ~s tM "MORTGAGEE." : WHEREAS tM MORTGAGOR es jvstly indebted ro tM NiORTGAGfE in 1M :um of s 16 ~OOO •~0 , y~ and I~wfvl money of the Un~ted i Sfates adranced by the MORiGAGEE unto the MORTGAGOR, es evidenced by ~ certain promissory nole of even date he~ewitb, oi which 1F?e followiny in ' vvords and figure~ is ~ Irw copy, to~wit: ' z16~0O0.00 ~ 3-18,663 ~o., Pr~,«. Fi,,;;~,,. Auc~ust 10. ~9 72 fw value received, 1, we w either of vs, promise to pay, withoul defalcation, to the order of FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATION OF FORi PIfRCE at Fort Pierte, Florids, the sum of S~6 w~th interest irom date at the rete of 5% per annum, in monthly install- mentt af fOllOwf: s 12'9•~ p~ the lSt ~y of December , 19 72 and a like sum on the carespond~ng day of each month tlxre- after unlil the whole be fully paid. ~ Each installment first shall be applied in paymem of the interest and then on the unpaid balance of the pr7nNpa1 sum. If d ault is made in the Naymen? of any installment wfien due, and such default continucs 30 days, the~ at the uption of the holder, and without any other notice, all the remai~ing ~nsfallmenb shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Neither forebearance, nor acteptante by the holde~ thereof after any default in any payments hereon, shall be deemed extcnsion. A late payment charge of j6 • 45 ~ y}~e~~ be added to each instaNment remaining u~paid 7 days after its due date, ~nd a like sum shall be added to each such installment remaining ~npaid 7 days after each succaeding paymeN date. Each makcr, surety and endorur hereof, jointly arid severa~, waives demand, prese~tment protest and notice of p~ote?1 fw nonpayment, and further agrees fo any extension of time of payment, either before o~ after matu?ity, wit~wut notice to any of us; and to pay all costs of cotlection, includ~ng a reasonable attwney's fee in the event of any detault hereunder, and hereby severally waives all be~efit of homestead and exemption under the constitufan and laws of each State of the United States, as against this obi~yation a any extension a re~wal hereof. Witness tix hand and seal of each party. (SEAI~ s/Donald J. Wille~s ~,u ts~r?u $24~~ s/Joan C. Willens ~ ( ) Stste Revenue (5'?arnpr c~++r.411ed err ak~lrslme~e) NOW, THEREFORE, the MORTGAGOR for the r ZG ,OOO ~OO pu pose of securing p~ymer.t of said sum of S snd the performance of ths covenants and sgreements hereinaiter expressed, and fo? divers good and valuable considerationa, by these presents, does grsnt, bargain, sell, rem~x, retease, convey and co~firm unfo the MORTGAGEE, its succeuors and auigns, all that certain lot, piece w parcel of land, situate, lying, and being in tha County of St . Lucie C011rity State of Florida, dew~bed ss iollows: 1 ~ Fro~ the North~rest corner of Block 2 of Williaas 1X'fftl!ttllHl~i -t~!~ 0 Addition~ as zecorded in Plat Book page 52, " ; O ~ N! Saint Lucie County, Rlorida, run South along the :r.-.~,. ( `~J "1 West line of said Block 2, 140 feet to the point of '-L ; ; . . : . ~ ~ ~ _ c . ~ ~ ~ ;..a ~'~I beginning; thence continue south 80 feet; thence ~ N ~ L 1 N u ~ o ~un East parallel with the North line of said Block - ~ ~ - l?;~E;,4~~~~tva 2s 149.31 feet; thence run north 80 feet; thence run ~11Nf10~ ~st 149.4 feet to the Point of Beginning.~ 31~f11 'LS a ~~,~J~~'-- 1N PA"ilENT OF t11XES pUE Ot1 Cll1n'~' INTAKGIBLE PERS~'~~L PPO?Elil ~ ~~1 TO CNI?P1ER 71-13~. AC~S OF lyt~ (tpGER POi'tRAS . ~{~1( CIRd11T CWRT• Si. 111C1E CO.. flA rogether wiih all and singular the tenements, hereditamenb and +ppwtances therev~to belonging or in snywi~e apperfainlrg thereto, and ~11 renls, istues, proceeds snd profits ecaving and to accnx from said psemists, all of whid? are included in the above ~nd fore~ang desviption ~nd habendum. TO HAVE AND TO HOLD the above deuribed snd gnMed premisea umo the said /NORTGAGEE, iri successort snd assi9ns fwevar. Md ths said MORTGAGOR for theiZ ~;rs, executws, administrators and uigns, hereby covensnn with tha said MORTGAGEE, its succeuors ~nd ~ugns, ,nat - they are ~~~ully u~zed of the said premises in fea simple; that the s~me are free, ckar and dixh~r~ed from ~II lier?s u~d ~ncum~ b.ances in law or in equity, and thst theY will and the 1r hein sh~ll warrant u~d defend the title ro the ssma to the s~id MORTGAGEE, its successors and auigns, forever against the lawful claims and demantls of •11 persau; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tl~e MORTGAGEE the promissory note hereinbefae described and ~haN truly, promptly and fully pcrfwm, dixharge, execute, complete, comply with and abide by exh and every the stip~rlations, syreements, conditions and coven~nri of said promissory note and of this Mortgage, then this Mortgage and the Euate hereby atafed shall cease and be null snd void. IT IS UNOERSi000 tMt the wo?d "Matgsgor" whether in the singvlar a plwal anywhere in this Mortgage, shsll be siny~Iar if ons only ~nd shafl be plural 'pintly and severally if more than one, and that the word "their" as vsed anywhe~e in this Nbrtgsge sMll be taken to mean "his;' "hen," or "its.." wherever the context so implies o? admits. Also, that wherever there is a reference in tfie covenanls and ayreementt herein contained to ~ny of the partiei 1Kacto, the same shall be construed to me~~ ~s well as the hein, leyal r~presentatives, successors and auigra (either volumary by ~ct of the partiei or involumsry by ope~~tion of the law) of the sart+e and that the covensMS 1~erein contained shall bind and the ber+efits and adv+ntages inur~ to the respective heirs, iegst representatives, succeswrs and au'gns of the parties hereto. A++d said Mwtgagor:, fo? themselves and their heirs, Iegal representatives, successors and assigns, hereby jantly and sevenlly covenant and apree ro and with the said MORTGAGEE, in successon and auigru: 1. to pay ~II and sing~lar the principal ~nd interest ~nd the v~rious and su~dry wms of money payable by virtue of said promiisory note, and thit morty~ye, each and every, promptly on the days ~eipectively the same uve~ally become dus. 2. To pay all ard si~gubr the taxd, auesunenri, levies, liabilities, obligstioeq and encwnbrancd of evcry r?~ture snd kind naw on ssid deuribed property, w thst F~ereshe~ may be ;mposed, wfferod, placed, levied, a ~uessed thereon, a tMt here~fta may be levied o~ ssseised epon this Mort9- ags. a tF~ indebfedncss secwed f+ereby, exh ar+d everyr, wh~n due and payabk, accordi~g ro law. befwe tMey becae~e delinquent, ~nd befwe uiy interest a!+atF~es w any penalty is incu?red; AND INSOFAR AS ANY TMEREOF IS OF RKORD TNE SAME SHAII 8E PROMPTIY SATISFIEO AND DISCHARGED OF RECORD AND THf ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPI OR THE SATfSfACTtON PMER OFfIC1AllY ENDORSf~ CR CERTIfIED) SHALL 8E Pt/ICfD IN THE NANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in t1~e cvent that any thereof is not paid, saYSfied and dixh~rged sa:d MORiGAGEE may at any time pay the same or any p~rt tF~ereof without w~iving o~ affetling any option, lie~, eq~ity w ~~qht under or by virtue of this mortgsge and tF~e futl amouM of each ~nd every such payment shal! be immedeately due and payable and shall besr interes~ ~rpm tF~e d~te thereof until paid at rate of nine per centum per annum ~nd together w~th sut i er be secure~{~ lien of th's morytaye. . e ~oK ~aCE (r.,5 ~-s,~ _ _ _ w _ _ _ . , ,