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Home My WebLink About1927 ~38628 , . THiS INOENTURE, AA~d~ the 2Znd day of S tember A.D. 19 72 - batw~ _ J. O. Williams and Patricia Will h~'s ldife • of St • LL1C i@ Counry Flaida, hereinaftar desighated as tM "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN A55pC1ATION OF FORT PIERCE, a corpo?ation ayanized and existing unda Ihs tawt of Ihe United Stat~s of /tme~ic~ and havinp ib principal plau of bw~nea~ in the City of Fwt Piac~, Sf. lucie County, Flaida, bereir?~fter deiipnated as tM "MORTGAGEE." WHEREAS tM MORTGAGOR q justiy intlebted to the MORTGAGEE in the sum of : 25~~0~~ , 9ood ae+d Iswfvl monsy of the Un~ttd S~ates advanced by the MORTGAGEE unio tha MORiGAGOR, as evidenced by e tertain promissory note of even date herewitb, of which the followinp in words and figures is a trus copy, to-wit: ~ 10018845 ~ ; 25,000.00 Fwt Pieas. Fbrida, September 22 ~y 72 ! For value received. 1, we w either of us, promtse to y, without defalcation, to the order of FIRST iEDERAL SAVINGS ANO IOAN ASSQCIAIIQN OF FORT PIERLE at Fort pierce, Florida, the sum of s 2S with interest from date at the rate of7 • 25% pe? +~oun, in monthly instaN- ~~~enrs as iol!ows: S 181 on the 1St day of Januarv , ~9 73 ~nd a like sum o~ the correspondf~g day of each ma~th therr after vntil the whole be fully paid- Each ;ns~allment first shall be appl~ed in payment of the interest snd then on ?F~e unpaid balance of the principa) sum. If d ault is made in the ~ aymeM of any ins~allmeot when due, and such default continues 30 days, then at the option of tlx holder, and without any other notice, ali the remaining ~ ~~~staltme~is sha~l be due and payable at once. Privilege is given to prepay this rate in whole w in part at any time without penalty. Neither forebearance, nor acceptance by the holdrr thereof afrer any default in any paymcnts hereon, shall be deemed extension. A la~e payment charge of S 9~O5 shall be added to each installment remaining unpa~d 7 days after its dus date, and a iike sum shall be added to each such installment rertuining unpa~d 7 days after each sucteeding payment date. Eath maker, surety and endorser hereof, jointly and severally, waives demand, preuntment protest and notice of protest for nonpayrtKnt, and further agrees to any extension of time of payment, eifher before w aftcr maturity, without notice to any of us; and to pay all costs oF collection, intluding a r~~asonable attorney's fee in the event of any defautt hereunder, and hereby severatly waives aN be~efit of homestead snd exemption under the constitutan .,~~d laws of cach State of ~he United States, as against this obligafion or any extension w renewsl hereof, ' Witness the haod and sesl of each party. _ ' S/J. O. Williams ~U cs~?U . S/Patricia Williamc ~U 37 .50 ~`U State~Re,~venve NOW, THERE~ORE, the MORTGAGOR tor the purpose of secvring payment of ss~d sum oi S 2S and the performance of th~ ~;overunb and agaeements hereinaftcr e:pressed, and fa divers gaod and valuable co~siderations. by these prex~ts, does grant, bar~ain, se11, remise, •eleau, convey sr~d confirm unto the MORTGAGEE, its successors and auigns, all Ihat ccrtain bt, piece or pucel of Isnd, situate, lyirg, and being [n the County of - S't . Lue ie ~ and State of Florida, dewibed u folfows: Lot 23~ RIVER OAK ESTATES S(BDIVISION, as per plat thereof on file in Plat Book 16, page 5, recorded in the public records of St. Lucie County, Rlorida.? ~ ~o- ~ ~ MQ ~ c~> 1 o s~Q t NR~r' ~ N~ AM _ 3 5 p ~ Pt•~ ~ ; . ~ ~ o°~~F aE~~"`~ - " ~ ~ `.i pF' + Z' ' . f r . r a ~ 1,~f:S G ~ ~ tN P'CtNI~'T ~f " ~o p % p O2 ~~a r i•_ tiAl F4C?'E+~~Y, _~~j c^ P.c~ 3- ~~c ~llG ]9)l. ~ ~ / ~ ° t 0:~ ,10 ~;J~lE3 it-i.i4. Qi ~ / pURS1W:i ~,Uq p',liiRAS `E ~y fU~ ~RK CiRGV~j ~"RTi Sj. ~ ragerher w~th a!I and singula~ the tenements, hereditsments snd appurtancd thereunfo belongi~y ot in ~nywise appertainirg tlweto, and ~U ~tnri, fuvy. p~oceeds and profits acvuing and to acuue from aaid premises, all of which sre included in the above ~nd foreyoiny descriptio~ ~~d fwbendum. TO HAVE AND TO NOID the above desaibed a~d gn~ted premises unto the said MORTGAGEE, in wccessors and auiy~s forever. Md th~ said MORTGAGOR fw th@lY ~~~s, executws, administrators and •uigro, Ikreby covensnts with ths said MORTGAGfE, it~ ~ucteuws and iulpro, ,,,a~ _ th~v are _ i,wr~iiY xized of the wid premises in fee simple: that tht aame are frse, cksr and dixharged from all licna ud ~ntum~ bra~ces in ~aw or in eq~ity, and thst they wiN and their heirs shall warrant and defend th~ titk to tM sam~ to the said 1I~ORTGAGEE, its successws and auigns, forever against the lawtut claims and demands of ~II persons; PROVIpE~, ALWAYS thst if the MORIGAGOR tMll p~y ~nto the MORTGAGEE the promiuwy nofe hereinbefae dewibed ar?d shall truly, promptly 2~d fully perform, dixharge, e:ecute, compkte, comply with end abide by each snd erery tfx stipulitions, apresments, conditiaa and covenanri of said promissory note snd of this Mwtgage, tlxn this Mongsge and the Estate hereby ueatsd shell cease and be nvll and void. IT IS UNDERSTOOp tMt the wotd "Mortyagor' whether i~ the singular o? plural ar,ywi?ere in this Mortype, shal) b~ sinpuie? if one only ~nd shall be plural joiMly a~d severslly if more th~n one. ~nd that the word "their" as ~sed anywhere in this Mortgaye ihal! be taken to mean "h»; ••'heq or "iri;' whererer the context w implies or sdmits. Also, thst wherever there is a reference in ~he corenann and ayreemeon here~n conra~~+sd ~o any of the partip he~eto, the same sMll be construed to mean as well ss the hein, le9~l repreientativn, wccessors and aui9ns (eithe~ voluntary by ~cf of th~ pa.tim or invotuntary by operetion of the law) of tl~e asme and that tbe covenants herein contained tMll bind ~nd tF» benefits ~nd advant~ges inun ro tF~e reapcctive heirs, kgal representatives, tuccessors and au~9ns of the pahies hereto. Md said Nbrtgsyon, fo. themulves and their hein, lepal representatives, succeasas and auiyns, hereby jointly and severslty covenant ~nd apree ~o and with the isid MORTGAGEE, its successors s~d assigns: 1. To pay sll and sinpular the principal and inrerest and the various md sundry twns o! mo~?ey payabk by virtve of ~aid promissory nots, ~r+J this Tortga~e, each and every, prompNy on the dsys respecfively fhe s~me urerally become dve. 2. To pay all and ~ingular the taxes, ssseumenri, levies, lisbilities, obligatiau and enc~mbrarxes of every natur~ snd kind now on said described ProPertY, or that Frcreaher msy be imposed, svffered, plKed, levied, or assesud tAereon, a tM~ he?taNer may b~ levied w~ssessed uppn thh Mortp. age, w the indebted~eu sccu~ed hereby. ~ach ~nd every, whe~ due and payable, accwdiny to law, before they bacome delinquent, afld btfOff if1Y {f11Nlft attethes or any penalty is inc~rred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHALL BE PROMPTLY SATISfiED AND DISCHAR6ED OF RECORD AND THE ORIGINAL OFfIC1Al ~OCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eyent that any thereof is not pa~d, sat"sfird ~nd discharged sa:d MORiGAGEf may at any time p~y fhe same or any ptrt thereof without waivi~y w iffectinp any option, Iien, equity p •~~ht under w by virtue of ihis mongage and the full amount of each and every such payment shs{I be immediately due and payable and sh~ll bear interest ~~om the date the~eof until paid at rate of nine per centum per a~num ~~d toyether w~th such i~terest shalt be secured by the lien of th:~ mwytagt. BOCK~~ PAi,f~•7~~ ~ y , ~ _ - - ~ , ' ~ _ _ ~z