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Home My WebLink About1018 ~ sVVZ.i ~r , . THIS INOENTURE. Made the 9th d~y of October A.D. 19 72._, between John W. Wetmore and Julia Marie Wet~nore, his wite r . of St • ~.L1C 1@ , C~~~y F~wida, hereinafter designated si the "MORTGAGOR," and FIRST~ FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a co~pora~ion or~ani:ed and ex~sting u~der the laws of the U~ited Statas of America and haviny iti principal plsce of business in ths City of forr Pieres, St, tucie County, flo?ida, hereinafte~ de~ig~ated ss iM "MORiGAGEE:' . WHfRfAS ths MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of = , good a~d lawful money of the United Srates advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a certain prom~sswy note of even date herewitF+, of wn~ch the followin9 in words and figure: is a true copy, to-wit: • a ~.~•O0 ~ 10018911 Fon r~e.~e, Flaida, ~tober 9, 19 ~2 Fo~ value received. 1, we or either of ~s, prom~se to pay, witho~t defal~at~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF FORT PIERCE at fwt Pierce, Fbrida, the sum of s~l~7'UV with interest (rom date at the ~ate of ~•J1DO per annum, in monthly ~ns~alf ~nents a: roi~oWS: i 296'O0 on the 1St day of February ~q 73 and a like sum on ths corresponding day of each month there- atter until the wh0!e be fully paid. Each installment firs? shall be applied in payment of the inlerest and then on the unpaid balance of the principal sum. If d ault is made in the ~:ayment of any installment when due, and such default continues 30 days, then at tiie option of 1he hotder, and without sny other notice, all the remsining :nsrallmeNS sha~l be due and payable at once. Privilege is given to prepsy this note in whole or in pari at any time without penalty. Neither forebearance, nor acceptance by the holder thereo( after any defau~t i~ any payments hereon, shall be deemed extension. A late pay'ment tharge of s 14~8Oshall be added to each installment remaini~g unpa~d ~ days after its due date, and a like sum shall be added ~o each such installment remaini~g unpaid 7 dsys after each succeeding payment date. Each maker, surely and endorser hereof, jointty and severa~ly, waives demand, presentment protest and notite of protes+ for nonpayment, ~nd funhe~ agrees to any extens~o~ of time of payme~t, either before w afte~ maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonable atromey's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption ~nder the tonstitutior~ a"d laws of each State of the United States, as againsf this obfigation w any eztension o~ renewal hereof. Wifness ~he band and seal of each pa?ty. S/John W. Wetmore csenu S/Julia Marie wetmore ~~Ay ~ , (SfAI) $ 60 .00 ts~?U ( State Reven~e NOW, iHEREfORE, the MORTGAGOR fw the purpose of secvring payment of said sum of = 4~~~~~ , and the perfomiance of the covenants and agreements here~nafter expressed, and for divers good arrd valuable conside?ations, by fhex presents, dxs granL barflain, sell, remise, reiease, convey and confirm unto the MORTGAGEE, its successors and as~igns, atl tf.at certain lot, piece w parcel of land, situate, lyiog, and being in ths Co~nry of St . Lue ie and State of Florida, dewibed ~s follows: I.ots 3 and 4~ Block tL~, MARAVILLA ESTATES, as per plat _ thereof on file in Plat Book 8, Page 77~ recorded in the ~ pub2ic records of St. Lucie County~ Florida.~ a ~ A ~ ST,41-E ~ ~I,.OR(p~~l oz OOCU_IV1E_NTARYa~~sTAMP y.- N U~1. Of RFVEN E s,= lA X r o P9. ~ vi:i ey~? ~ ~ o = i~ i nt 6 0. ~ Q j 11El~1VED G~ . O~' ~ _ ~ DUE ON CtASS 'C' tNT IN PAYMp~ Of TAXQ ~~WHT IO ANGIBtf' PERSO!!AL ?qp~ERly ROG R'POIT4• AC'?S OF 19/l. CIRCt1tT COUAT, Si. U1C1E Op~ fu vo9ether w~th all and •ingular the tenements, herediraments and appurtanccs tlxreunto bela~ging or in anywise appeAainirg thereto, ~nd ~II renh, istues, - , proceeds and profits accruirg and to accrue from ssid premises, all of which are included in the above ar+d fwegoinq desviption ~nd habendum. TO HAVE AND TO HOID the above desuibed and grantrd premius unto the said MORTGAGEE, its successon and asiqns forever. And tht said t he ir MORTGA~ R fw he;rs, executors, administrators and sssigns, hereby cwenants with the s~id MORTGAGEE, it~ succeasws ~nd auipro, ihat --"~ey are _ iaWf~uY uized of the said premixs in fee simple; thst the same are free, cfear snd dixha~ged from al) liens ~nd encum. 6rances in law w in equity, and that_ theY W~~~ a~ their hein sMll warrmt and defend rbe title to the sams fo fhe said "hORTGAGEE, its sutcessors and assigns, forever sgainst the lawiu) claims and demands of ~II pe~sons; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiswry note hereinbefore described and ihall truly, promptly and fully periorm, d~uharge, eaecute, complete, comply with and sbide by each and every the ~tipulations, agreemenh, conditiorn and coven~nts of said promissory rate and of this Mortgsge, then tl~is Nbrtgage and the Estate hereby aeated thall te+se and be null and void. 1T IS UNDERSTOOD tMt the wwd "Mortgagor" whethcr in the singular o~ plurol anywhere in this Mortgaqe, iF~all be sinpular if one only and shall be plural jointly and uve?~Ily if mae then one, and that the wwd "fheir" as used snywhere in this Mortgage sMll be fakeo fo mean "his;' "hers," ; or "its;' wherever the context so implies or admits. Also, that wF~erever there is a reference in tF~e covenants and sgreemenri herein oo~tained to any of nc~ parties hereto, the same shall be construed to mean as well as the heirs, legsl rspresentative:, s~ccessort snd +uigns (either voluntsry by ~d of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shal! bind and the benefits and advantayes inur~ ro the i~spective beirs, legal repreuntatives, successors and ass°gns of the parties hereto. And said Nlortgagors, for themselves and their heirs, legal representatives, successon and auigns, hereby jointly and severally covenant and agree to and with the wid MORTGAGEE, its successors and auigns: 1. To pay a!1 and singular the principal and interest and the various snd sundry sums of money payable by virtue of ~aid promissory nole, and tF~is mortgsge, esch and every, promptly on tfx days respectively the same severally become due. 2. To pay all and ~ingular the taxes, assessmenri, levies, lisbilities, oblig~tions and encumbrances of every nature and kind now on said described property, p that hereafter may be imposed, suffered, plsted, levied, or ~uessed thereon, w th~t heresfter may be levied or essessed upon fisis Morty- age, u the indebredness secured hereby, each and every, when due and payable, sccordirg to law, before they becane delinquem, ~nd befor~ ~ny intere~t attaches o~ a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISfIED AND O15CMARGE~ OF RECORD ANO THE dRIGfNA~ OFfIC1Al DOCUMEfVT (SUCH AS, fOR tNSTANCf, T11E 1AX RECEIPT OR THE SATISfACT10N PAPER OfFICIALlY ENDORSEO OR CERTIFIED) SNALL BE PLA~ED IN THE HANDS OF SAIp MORiGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is no1 paid, sat'sfied and diuharged sa;d MQRTGAGEE may at any t~me pay the same or any part thereof without wsiving or affecting a~y option, fien, equity or •'rqht under oi by virtue of th~s mortgage and the full amount of each and every iuch payment ihall be immediately due ~nd pay~bk and sF~~ll bear interest ~+om the date thereof until p~id at rate of nine per centum per annum and together with such inte~est ~hajl b~,~y~d b; th Ij~ f h:s mOryt~ye. 60CK 7 FpGt~~~j~~ _ ~ t.,: - • r , . ~ - _ t~. `