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HomeMy WebLinkAbout0773 ~ 239869 12th October A.D. 19 72 ~~W~+ THIS INOENTURE, Msde the day of • Charlie Wilder and Sthel WildeY his wife - of St• L'uCle County Ftorids, hereinafte? detignated +s the "MORTGAGOR," and fIRST fEDERAI SAVINGS ANO tOAN ASSOCIATION OF FORT PIERCE, s corpo.af~ agani:ed and exis~ing undar the laws of the United Stato~ of Ame~ic~ and haviny ifs priocipal pi~te of busineu in tM City of Fort Pierce, St. lucie Gounty. Florida, hereinafter desi~~ated as th~ "MORTGAGEE." WHEREAS Ihe MORTGAGOR is juuly inrkbted to 1F~e MORTGAGEE in the sum of S S~ 9O~• good a~d lawful money of the Un~ted ~ Stata advanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date hcrewith, of which the following in ' words and figures is a trve copy, to-wit: = 5. 900. 00 Nol~t 8~24 Fort Pieres, Fi«~da, ~ctober 12 ~y 72 i fa value ?eceiverl, 1, we o~ either of us, romiu to without defalcation, to the order of FIRST FEDERAI SAVIKGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pie~ce, Florida, the sum of s 5+ 9~• w;th inte~est from date at the rate of 7• 7SK, per annum, in monthly instalb Po^d n9 Y \ ments as foltows: f 56 ~ on the 1 St day of Deeember , ~9 72 and a like sum on the corres ~ da of each momh there- ~ afrer uMil the whole be fully paid. - Eath installment first shall be applied in payment of the interest and then o~ the unpaid balance of the princ~pa~ sum. If d ault is made in the ~ payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~nstallments shail be due and payabie at once. Privilege is given to prepay this note in whole or in part at any time withcut penalty. Neither forebearaoce, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extensiex~. A late paymeM charge of S~a-BQ--. shall be _ added to each instailment remaining u~paid 7 days after its due date, a~d a like sum shall be added to each such installment remaining unpaid 7 days after ` each socceeding paymeM date. ~ Each maker, su~ety and ertdorser hereof, jointly and severally, waives demand, p?esentment protest and notice of protest fw nonpayment, and further agrees to any exten~ion of time of payment, either before w after maturity, without ~otice to any of us; and to pay all costs of collection, includiny a reasonable attorney's fee in the tvent of any defauft hereunder, and hereby severally waives all benefif of homestead and exemption under the constitutan and laws of each State of Ihe United 5tates, as against this obligat~on w any extension w renewal hereof. ~ Witness the hand and seal of each party. s/ Charlie Wilder ~aU (SEAL) ~ s~ Bthel Wilder (SEAL) cs~?u ~ ~ ~8. a5 1 State Revenue ' (Stxapa~----'..v:~.~.acigiw6oatnl NOW, 7HEREFORE, the MORTGAGOR fw the purpose of securing paymeM of ss+d sum of S 5~~• 00 and the performance of tfie coverwnts and agreemmts hereinafter expreued, and fw dirers good and valuabk considerations, by these presents, dxs g?ant, bargsin, sell, rem~se, reiease, convey and confirm unto the MORiGAGEE, its successors and auigns, all fhat certain lot, piece or parcel of land, situate, lying, and being in the County of St. L'i1Cie and State of Florida, dewibed as followi: Lot 1 and the Sast 1/2 of Lot 2, Block 6, SBRVICB HOMB BUILDERS, INC., a Subdivision according to Plat thereof on file in Plat Book 7, Page 1~, of the Public Records of St, [.uc_ie County s Rlor ida ~ i I ~ ~ STATE °F F~--~ R I D A~ R~ ~Lf ~M nan~~r a T~s u, t A M P I A 1 ~ oUE ON C1ASS ~C' IItTMStBtE PE~':~~ P~4?ER~1 s ~ DOCUMENTARY•i`"=.., ° DEPT.~EN~' ' + 0 8. 8 5 i~ P"'~'""~ ~D a'""~R ~~-134 AC1S OF lgfl „ - ~oem ~arii~s r sc a" ~ ~ ui.T ~5'. - O- P.i- ~ •'•...,s ~ CLEiiI {~WqI1T OOIIR~, i~ LtIC~ Cp, q~ ~ = ~~~ot 0 together with all and singular the tenements, he~editamenb and appurtsnces thereuMO belonging a in anywise +ppertaininp therero, and all nnri, iuws, pro~eeds snd profits acuuing and to acaue from ssid premises, all of which are included in the above and fwepanp desuiption and h~bendum. TO H~?VE AND TO HOID the above dewibed and granted premises unto the said MORTGAGEE, its s~ccessors and ui~gns forove~. Md th~ s+id MORTGAGOR for he~n, executors, administraton and sugns, hereby covenanb v?iih the said MORTCaAGEE, its succeuws and stsiyro, ~hat ~rQ - Iawfully sei:ed of the said premises in fee simple; that the same are free, ckar and discharged from all liens a~d er~ brarxes in Iaw or in equity, and thst the}~ ,,,,;n and thpiY heirs ahall warrant snd defend the title to the s~ms to tM ssid ~ MORTGAGEE, its successors snd a~signs, forever sgainst the lawful clsims and demands of all persaat ~ PROVIOED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dewibed and shall truly, promptly ~ and fully perfwm, diuharge, execute, compkte, comply with and ~bide by each aod every the ~tipulations, ~greements, conditions and covenants of said ~ promissory note and of this Mortgage, then this Mortgage sn~ the Estate he?eby ueated shall cease and be null and void. ~ IT IS UNDERSTOOD tMt the wwd "Morfgagor" whether in the s~~gular or plural ~nywhere in this Mortgsye, shall be sinyvla if one only snd ~ shall be plural jointly and teverally if mwe thsn one, ~nd that the word "their" ~s used snywhere in tl~is Mortgage shall be taken to mean "his," "hen;' or "its;' wherever tAe context w implies a admiti. Also, that wherever there is s reference in the coven~nts and sgreements herein contained to any of the parties hereto, the same shsll be conitrued to mean as well as the ixirs, legal ~epresentstivei, succeuor: and ~uigro (either voluntsry by +ct of tl+~ parties w involuntary by operation of the law) of the same and that the covensnts herein contained shall bind ~nd the benefiri and advantag~s inur~ to the respective heirs, leqal ~epreuntatives, succeuon and au'gns of the pa?ties hereto. And said Mortgagon, fw themselves and their heirs, legal repreuntatives, successors and auigns, hereby jantly and severally covenant and a~ree to and with the said MORTGAGEE, its successors and assigns: 1. To pay atl +nd singulsr the principal and interest and the variovs snd sundry sums of money payable by virtue of ssid promiswry note, and thii matysge, each and every, promptly on the dayt respectively the :ame uverally becane due. 2. To psy all and singular the tsxes, asiessmenn, levies, liabilities, obli9stio~s and er~mbrances of every naturo and kind now on said desuibed property, o~ that hereafter msy be impoted, suffered, p~sced, levied, a assessed thereon, w that hereafter may be levied or aasessed upon this Mort~- +ye, a the indebtedness secured hereby, each and every, when dve and payable, sccordiny to law, before they become delinquem, and befwe ~ny interesl anaches a any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SF1All BE PROMPTLY SATISf1E0 AND DISCHARGED OF RECORD AND THE ORIGSNAL OFfICIAI DOCUMENT (SUGH A5, FOR INSTAMCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OiiICIAIIY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst sny tF~ereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may.at any time pay the same or any part thereof withovt waiving a sffecting any option, lien, eqvity a .iqht under w by virtue of this mortgage and the full amount of each and every such payment thall be immediately due and payable snd sfisll bear inte?est t ~rom the date thereof until pa~d at rate of nine per centum per ar.num and together w~th such interest shall be secuied by the lien of th:~ mor9tsge. ~ aooK 2~~ ~acE