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HomeMy WebLinkAbout0034 ' 2:~~353 . ~ ~ ~ i 31st ~ August 72 ; ?NIS INDENTURE, Nl~d~ the day of , A.D. 19~_„ between ~ Julius Ceasar Wilson, Jr. and Rosa Wilsont his'N,}fe of $t • L.NC1@ Counfy Fiorida, Mnin~fta desig~ated si the "MORTGAGOR;' snd fIRSi fEDERAL SAVINGS ANO tOAN ASSpC1AT10N OF FORT PIERCE, • corporation wyanized and exiitirp unde. ?he la~,n of Ihe United Sf+t~s of America and havirg its p?ir?cipai place of businsu tn tM Ciy of fon Pierce, St. luca County, flwida, he~einaiter detipnated ai tha "MORTGAGEE:' WNEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE in Ihe sum of ~ 15~~0~~ , good and lawful money of ~he Unlted Srates advanced by the MORiGAGEE ~nto the MORiGAGOR, as avidenced by a ter~sin promissory note of even date herewith, of which ~he followin~ in word~ and figurei is a trus copy, to-wit: s 15,000.00 20028~54 Fort Pieres, Flwida, August 3It' 19_~,~ For value received, 1, we o~ either of vs, om~se to , pr pay, without defalcation, 1o the order of fIRST fEOERA~ SAVINGS ANQ LOAN ASSOC14T1UN. OF ` FORT PIERCE.at iort Pierce, Fbrida, the sum of = 15s~~•~ with interest !rom date at the rate of 7_~:96 pe?. snnwnrin 14~c•~thly install- ~ ments as follows: S 11~•~ on the 1St ~Y aF Deeember , ~9 72 and a like sum on the correspond+ng da~ af wach month there- after until rhe whole be fully paid, Each installment iirst shall be applied in paymenl of the interest and then on the unpaid balance of the princ~pal sum. If d sult is made in ths payme~t of any insta~lment when due, and s~ch default continues 30 days, then at fhe optioo of the holder, and wirhout any other notice, all ~he remaining ;nstallments shsll be due and psyable at once. Privilege it given to prepay this note in whole or in part at any time without penalty. NeitFK~ forebearance, nor scceptance by the holde~ lhereof after any default in any payments hereon, shall be deemed extension, A late payment charge of 5-~-_, shall be added to each i~stallment remaining unpa~d 7 days aiter it~ due da1e, and s like sum shatl be added ro each such installment remaining unpaid 7 dsys after each sucteeding payment date. Each make~, surety and endwser hereof, jointly and seve~ally, waives demand, presentment protest and notice of ~~otest fw nonpayment, and further aqrees to any extension of time of payment, either befo~e w after ma~urity, without no~ice to any of us; and to pay ail costs of colJection, includ;ng a reasonable attw~ey's fee in fhe event of any default hereunder, and hereby severally waives all benef~t oi homestead a~d exemption under the conatitutan and lavrs of eath State of the United States, as against this obligation a any extensio~ w renewa! hereof, Witness the hand a~d sesl of each party. • S/Juiius Ceasar Wilson, Jr. ~Au (SEAL) S/Rosa Wilson ( $ 22 • SO ) State Reven~e «U NOW, THEREFORf, the MORTGAGOR for the pvrpose of seturing payment of said sum of = 15~Q~•~ ~ and the pcrformance of the ~ covenants and agreementi hereinafter expreued, and (w divers good and valuable considerations, by these presents, does g~ant, bargain, sell, rem;se, release, convey and confirm unto ihe MORTGAGEE, iri sutcessors and auigns, alf that certain lot, picce ot parcel of land, situate, lying, and beiry in lhe~ Counry of St ~ L_tr_ i o aod State of Florida, dewibed as follows: Lot 1 and the East ~ of Lot 2~ Block 3~ SUVRISE PARK SLBDIVISION, UNIT #1 as per plat thereof on file in Plat Book 8, Page 42, recorded in the public records of St. Lucie County, Fiorida,. W SZ"ATE aF FLORfUA~ ~ - OOGl1A~ENTAp" STAMP 7A X: ~ = SEP-1'72 °~y`'a'_'~ ° ~ ~ = 2 2 5 0 ~ c'`c ~arr aF ~ N v ocvr.w scrc,~t . . qE Ott ~ C1.ASS 'C INFA. 61SLE PERSOM~L P.9. ~qo~ ~ ` ~r to a,,~ . ~s-i~. ~crs o~ i9~r°°~ p"~ f ~y ?cc.:,~~ rorra,~s ct~nc ctttanr co~, sT. uxaE 00. Ful rogether with alt ~r+d singular the tenements, hereditaments s~d appurtances thereunto belonginy w in anywise eppertainirg thereto, and all reMS, iuues, proseeds snd profiri acuuing and to sccrue from said premises, al! of which are irxluded in the abovs and foreqoing deuriptio~ and Mbendum. TO HAVE AND TO HOID the ~bove desvibed s~d gnnted prcmises unto the iaid MpRiGAGEE, its succeuors and ~ssi~~ fweva. And 1F» said MORTGAGOR for ~he1~C ~~~s, executas, administrafors snd assigns, hereby covensnn with the ssid MORTGAGEE, ib iuccessors ~nd asiipro, rhat IswfuU seiztd of the said they are Y p~~;~ fee simple; thst the same are free, clear and disch~rged from all li~ns and e~v~ brarxes in Isw w in equity, and that they w~~~ their heirs shall wurant snd deferd the title to the same to tM said ' MORTGAGEE, its tucceuws and auigns, faever against the Iswful claims and demsrxls of all pasons; PRqVIDED, ALWAYS tMt if the MORtGAGOR ihal: pay unto the MORiGAGEE the promisswy note hereinbefore described and shall truly, promptly and fvlly perform, dixharge, e:etute, complete, comply with end abide by each and every the stipulations, sgreements, condii~or?~ and covenants of said promissory note and of this Mongaye, then this Mortgsge snd tAe Estate hereby aeated shall tease and be null and void. IT IS UNDERSTOOp that the word "Mwtgyor" whether in the singular or plural a~ywhere in this Nbrtgsge, ~hall be singul~r if one onty and shaN be plursl jointly and sererally if more tMn one, and that the wwd "their•' ai used snywhere in this Mortg~ge shall be taken to mean "his;' "hen," or "its;' wherever the context w implies or admits. Alw, that wherever there is a reference in the covenaots and agreemenri herein contained to any of +he parties hereto, the same ihsll be consfrued ~o mean si wetl ss the heirs, legat representatives, svccessors and auigns (eithcr voluntary by ad of th~ parties w involuntsry by operation of the law) of the ssme and thst the covenants herein contained shall bind and the benefits and adv~ntspes inw~ s` c fo t reipective ein, cg~l representatives, succeuors and asi~gns of the parties hereto. Md said Mortgagors, fw themselves snd their {xin, legat rep?ese~htives, wccesson and assignt, hereby jo7nNy and seve~a!!y coven~nf and p?ee fo and wefh fhe said MpRTGAGEE, its successors and ~uigns: 1. To pay all u~d tiny~l~r tM printipal snd interest and the variovs snd sundry sums of money payable by virtue of said promi:sory note, snd this ' mortgsye. each and every, promptly o~ the days respectively the ssme saverally becane due. ; 2. To pay +II and sirqular the taxes, asfessmcnri, levies, tiabilities, obligstions and enaxnbnrxes of every natvre and kind raw on said described ~ properfy, a that hereafier m~y be impo~ed, svffe~ed, placed, levied, a assessed thereo~, o~ that hereafter msy be levied w assested ~pon this Maty- ~ sge, or the indebtedneu secured hercby. esch and every, when due ~nd payabie, stcording to law, before they become delinqueM, ~nd beftxe ~~y (nt~rat q attaches or any penalry is incurred; AND INSOFAR AS ANY 7MEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF ~ RECORp AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIAILY ENDORSEO j OR CERTIFIED) SHAII BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN ifN DAYS NfXT AFTER PAYMfMT; ar?d i~ the event that any fhe~eof is no? 1 paid, sst'sfied and dixharged said MORTGAGEE may at sny time psy t1~e same or sny pan thereof witFw~rt waivirg w affeding any option, lie~, equity ot ~ •~qht under or by virtve of this mortgage and the full amount of eath snd ever such ment shall bc immediatel due ~nd t Y MY y payabk ~nd ihall besr interest ~ ~rom the date thereot unlil paid at rate of nine pe~ centum per anrtum and fogetl~er w~tl? such interest shall be secured by the lien of th:s morgtaye. { BUOK ~0~ ~acE 3~ - ; . s - - r ~ Y~-~~ _r. _