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HomeMy WebLinkAbout4387 244535 ~ THIS INDENTURE, Made the~- day of j~C~ A.D. 19_~ between Cliftord l.. Waldson and Bett Noma Wal h' . of .$t_ LuC~Q , Co~rnty Flor~ds, hcreinaiter desgnaeed ss the "MORTGAGOR;' and fIR T PEDERAL SAVINGS ANO IOAN ASSOCIATfON Of fORT PIERCE, a corpaation org~nized and ex~sting unde~ the laws of the Unitad Statas oF America and having its principal placs of busineu in ths City of Fwt Pierce, St, lucie County, Flwid~, hereinafter des~yna~ed as ths "MORTGAGEE." ~ WHEREAS the MORTGAGOR is j~stly indebted to tM MORTGAGEE i~ the sum of S 28..~8~~~ good~and lawful mo~ey of the United S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as evid~nczd by a cer?am promisswy note of even date huew~th, of wh~ch the following in ; words and figures is a true copy, to-w+t: ' ~ = 28,800.~0 r.~, 1~A19233 fort Pierce, Flwida, ~C@a~Y Z6 ~ ~q 7~ For value received, 1, we or either of ~s, prom~se to pay, without defalca~~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIO~I OF ~ ORT PIERCE at Fort Pierce, Florida, the sum of S- 28 ~~Q - W;rh interest irom date at the rate of ~~o pN anr~vm, in moMhly install- ,,,~n~s as fol!ows: S-2~s~ on the __l~hlay of ~{?Y11 1q 73_ snd a Gke sum on the correspond~g day of each month there- jtrer unril the whole be fully pa~d. Each ~nstallment iirst shatl be appl~rd in payment of the interest and then on the unpa+d balance of the princ~pal wm. If default is made in ihe ~:a~ment of any insrallment when due, and such defauU continues 30 days, then at the option of the hoider, and witho~~t sny other notice, all the remain~ng ~r;srallments shall be due and payable at once. Privilege is given to prepay this ~ote in whole w in part af any time without penalty. Neither totebearance, nor acceptance by the holder thereof after any default i~ any payments hereon, shall be deemed eatension. A late payment charge of S 1O'6Sshall be aoded to each instailment remaining unpa~d 7 days after its due date, a:~d a like sum shall be added to each such instailmer.f remair.ing unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jo~ntly and severally, wa~ves demand, preseniment protest and no~~ce of protes? for nonpayment, and lurther agrees to any extension of tirne of paymenf, either befcre or after maturity, without not~ce to any of us; and to pay all costs of co~lection, includ~ng a reenonable atrorney's fee in the event of any defautt hereunder, and hereby se~e.ally waives ati be~efit of homestead and exemption under the constitution a.d laws of each State of the United States, as against this obligation o? any extenaion or renewal hereof_ , Witness the hand and seal of each party. t/ [`1 i ffc~rd I ~a~ dron (SEAI) (SEAI) (SEAI) 6~u,v Nc~r.~~ Wnlcirpn (SEAU i._ 43 -20 ) State Reve~ue NOiN, THEREfORE, the MORTGAGOR for the purpose of scc~rinq payment of said sum of S 28.s 8~ snd the pe:formsnce of the covenanls and agrcementa hereinafter expressed, and for dive~s good and valuable conside.atiens, by these presents, dxs granl, bargain, sell, remise, reiease, convey and tonfirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece or parcel of land, siwate, lying, and being in the County of St L-UC 1@ end State of Florida, desuibed as followi: Lot 8, WILDWO~ BSTATES, as per plat thereof on file in Plat Book 13, Page 10, of the Publie Records of St. Lucie County, Rlorida ~ ~ i ~ oF ~LORiD!-~. ~ ~ ~ STATEw y ~ ~ DOL~l1~l ?•'~~,S1AMP ~Q`' ~ ~ ~~,:e~,•tT ~ S ~:Gd ~ ~ ° GEPi. OF RE1lENUE • ~ ~ PtiYv!~t~7 Of T~'~: (?i,c ~;'i ~lf+;S ~NTqlfGI6LE FE<~pi:;,l FIiOFERIY, ~ ¢c _ =••=i.2!'72 ~ 4 3• ~ O i ~URSU~NI TO CHA.°TER 71-134. ACiS OF 15)1. ~ ` ° F'8. ~ _ ~ ^ _ ~~~02 , ROGEN PQIT~ ° CiER1( C!P,C1llT ~URT, Sf. LUCIE cp, d ~ v ~ 5 ~ ~ ~ together w~th all and singular the renements, hereditaments snd appurtances thereunto betonging or in snywiu sppertaining thereto, and all rents, iuues, ~ o~oceeds snd prof~ts accruing and ro accrue from said premius, all of which are included in the above and foreyoing desuiption and habendum. r TO HAVE AND T HQID the above described and granted premises unto the said MORTGAGEE, its successws and assignt forever. And ihs said ~ t eir MORTGAGOR fw he~rs, executws, administrators and assigns, hereby covenants with the s~id MORTGAGEE, iri succeuors ~nd auigns, ~ rhat --~~-~e--- lawfully seized of the said p.em~ses in fee s~mplr, thst the same are free, dear and dixhsrged from sll liens and eacurt~ e5 i.: brances in law o~ in equity, and that thev w;11 and their heirs shall wsrranf snd defend the tiUe to the ssme to the said L MORTGAGEE, its successors and assigns, fwever aga~nst the lawful claims and demands of all persons; ~ PROVIOED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dewibed and ihall truly, prompNy and futly perform, d~scharge, execute, comptete, comp~y with and ab~de by each and every the stipulalions, agreements, conditions and tovenanis of said promissay rwte and of this Mortgage, then this /Aatgage and the Estate hereby ueated shall cease and be null and void. = IT IS UNOERSTOOD that the wwd "Mwtgaga" whether in the singular w plural anywhere in this Mutgage, shsll be singular if one only ~r?d shall be plural jointly and severally if more than one, and that the wwd "rheii' as ~xd anywhere in this Mortgage shall be tsken to mean "his;' "hen," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants snd egreements herein contained to any of _ rhe pa~ties hereto, the same shafl be construed to mean as well as the heirs, legal representatives, successors and aasg~u (either voluntary by sct of the parties or involunta?y by operation o( the law) oi the same and that the covenants herei~ containcd shall bind and the benefits and edvantsges inure - ~o the respective heirs, legal representatives, successo~s and ass~gns of the parties hereto. And said Mortgagon, for themselves and their heiri, legal reprcsentatives, successors and assigns, hereby jointly and xvetally covensnt aod sgree +o and with the said MORTGAGEE, its wccessas and assigns: 1. To pay all and s~ngular the prirx~pal and interesr and the varfous snd sundry sums of money payabk by virt.re of said p~om~ssory note, and this ° mortgsga each snd every, promptly on the days rcspectrvely the same xverally become due. ;c; 2. To pay all and sfngular tF~e taxes, assesiments, levies, liabifi~ies, ob~~gstions a~d e~cumbrances of every nature and kind now on said dexribed property, or that hereafter may be impoted, suifered, placed, levied, or auessed thereon, p that hereafter may be levied a usessed upon this Mort9- - age, a the indebtedness secured hereby, exh and eve?y, when due and paysble, sccording ro Isw, before they become delinquent, and before ~~y iMerest artaches or any penalty is incurred; ANU INSOFAR AS Af~iY THEREOF IS OF RKORD THE SAME SHALL BE PROlIMTLY SATISFIED AND DISGHARGED OF - R~CORD ANO THE ORIGlNAL OfFICtAI DOCUMENT (SUCH AS. FOR INS7ANCE, THE TAX RECEIPi OR THE SATISFACTION PAVER OFFIGIAILY ENDORSED OR CERTIFIED) SMAII BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the cvent that any thereof is not ~!;r pa~d, saYsfied and d~scharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or af(ecting any option, lien, equity p ~':d ~~9ht under or by virtue of this mor~gage and the full amount of each and every such payment shatl be immed~ately due and payable and shall be~r interest ~~om the date thereof ~nril pa~d at rate oi mne per cenrvm per annum and together t h nterest s 1 t~ ~red by the lien of th:s mugtaye. ~ Ee~~~J~ ,;r: ~~U ~ _ - - f~ ~ a ~ d=, _ _ ~`="~~`~~«"~...h~`~~~s.~ - _ ~~i+~,~~`~~