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HomeMy WebLinkAbout4966 _ ~ ~ ~ 2449~ 5 TN1S INDENTURE, Made the_ 2js~ day of - j~CQS}jQY A.D. 19_~2 be~ween Benjasin B. Williass and_Sandra S. Willia4s. his wife of St. LL1C1@ County Florfda, hereinat~~r desyneted as the ':iAOf~TGpGq~t:' and F:RSi FE~ERAL SAVI'vG5 An:O tOAN ASSOCIATION Of FORT PIERCE, ~ wrporat~on orgar,ized and ea~u~ng under the laws'~a/' !h~ Un;ttd S1it~s of America a~d herng its principal piace of business in the City of Fwt Pierce, St. luc~e County, Florida, here~natter des~gnared as the "MORTGAGEE:' WHEREAS lhe MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of s 23+6~~~ good and lawiul mo~~ey uf the Un:ted Srates advanced by thr MORTGAGEE unto 1he MORTGAGOR, as rvidrnced by a certam prom+ssory note of even date herewrth, of wh:ch the io~:ow~ng in ~ords and figures is a true copy, to-wit: a ~~~Ol~~~~ i~~-~Z4~ZS Fo~t Pierce, Flwida, ~ember ZI ~9 72 for vat~e received, I, wr or either of us, prom,se to pay, without defa!ca~:on, to the order of FtRST fEOERA[ SAVtNGS AND LUAN ASSOCIAIlOY OF ~ORT PIE~CE at Fwt Pierce, Ftcrida, the wm of 5--~~ 6~_aS~Q_~_ _ wrth mterest from date a~ the rate of 7 ~75'o per annum, ;n monthly install- - rnts as fo:'o:~s: E-_~~~QQ- an 3he ~Qth day of Fgbz~ry _~9___.73 ar.d a tike sum on !he coirespond.r.~ day of rach month there- .~~rer umil ~he whofe be futly pald. Each instaliment first shall be app!~~d in payment of the inrerest and fhen on the unpa~d Ualance of the pr~nrpal :um. If default is made in the ~~~ment of a~y installment when due, and such dafault continues 30 days, then at the optio~ pf tht hoider, and without any other l1Ghi2, all the remaining ~~staUments shaH be d.,e ar.d payable at once. Privilege is given to prepay this note ~n whole or in part at any time without penaify. Ne~ther forebearance, nor acceptance by the holder the~eof after any deFault in any paymenta hereon, shall be deemed extension. A late paym~nt charge of S_---8 ~sS+all be euded to each ins~allment remain~ng unpa~d 7 days after its due date, and a I~ke sum shall be addrd to each wd~ inaraiiment reme~n;ng unpaid 7 days after each succeeding paym.enf date. Each maker, surety and endo~ser hereof, joimly and severally, warves d~mand, pre:entmene protest and notfce of protast for nonpayment, and funher a7reea fo any exte~sio~ of tin,e of payment, either before or after matu~;ty, w~rhout not~ce to any of us; and to pay afl cos~s of co~lect:on, inc:ud:ng a asonabte attornry's fee in thr evenr of any delau~t hereunder, and here6y severally waives all benefit of homestead and exem.ption under the constitution ~~d Iaws of each State of the Unitrd S!ates, as against this obGgation w any exrens~o~ o~ renzwal hereof. Witness the hand and sea) o? each party. ~--ean3aain WiZ~i~6 1SEAl) isEA~> (SEAI) / n_~~__ 1` ~ • ~SEAL~ 35 . 4~ ) $tate Revenue S 'r' NO'N, THEREFORE, the MORTGAG4R for the purpose of securing payment of said sum pf S23 , and the pe?formance of the co•renants and agreements hereinafter expressed, end fo~ divers good and valuabie considerationa, by ihese prese~es, dces g~ant, barga~n, sel~, rem.se, re:ease, convey and tonfirm unto the MORTGAGfE, its successors and assigns, at! that certain lot, piece or partei of land, situate, lying, and being in the County of $t. L+LiCle and State of Flonde, dewibed as follows: The South 25 f~et of I.ot 9, a21 af Lats 1Q and 21, in B2ock 2, WESTWOC)D MAN~DEt, as per plat therevf on file in Plat Book 6, Page 26, public records of St. Lu~cie County, Florida. r ~ STATE oF FLORltD,~ ~ o= M OOCUMENTARY,--~_~,--~,-,,~STI~MP Tl•) ~ ^ y~ ~ UEPT.OF I'_YEtiUF ~J ~~XES c - ~ IN PAYMEI'IT OF ' ° = P9. = :.:N-,'T3 'n~^~ ~ 3 5. ~ 0 ' R[CEIYE~ o ^ i?,.,2 ~ WEON CIASS'C INTIU1618lEPERSO~+aI ~FO:E~t~~, ~ p~RSUANT 70 CFIAPTER 11-134. ACTS Of ly/t. Kp(;ER p01iRAS ~T (~URT, ST. Ll1C1E 00, FU~ iL C~~`.~.~! together with all and singular the tenements, hereditaments and appurtances thtreunto bclonging w in anywise appertaining thcreto, and all rents, issues, proceeds and profits accruing and to accrue from said premises, all of wh~ch are included in the above and foregoing description and habendum. TO HAVE AND TO HOLD the above descr~bed and granted prem:ses unto rhe taid MORiGAGEE, iti successors snd assigns forever. And the ssid their :`ORiGAGOR fw - heirs, executoss, admin;srrators and assigns, hereby covenants with the said NtORTGAGEE, its sutcessors and assigns, they_ are 'r~a~ lawfu!)y se~zed of tbe said prem~ses in fee simple; fhat the same are free, dear and dixharged from all liens and encum- brances in !aw or in equity, and that_ theY N,;II and their Fueira shall warrant and defend the title to the same to the said MpRiGAGEE, its successors and assigns, forever against the lawful ctsims and demands of all persons; PROVIpED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory no?e hereinbefwe described and ihaH truly, prompfly and fully perform, d~scha~ge, exec~te, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall cesse a~d be null and void. 17 IS UNDERSTOOp that the word "Mortgagor" whether in the sing~lar or plural anywhere in this Mortgsge, shall be singufar if one o~ty and shail be ptural jointly and severalfy if mo~e than one, and that the.word 'the~r" as used anywhere in this Mortgage shall be taken to mean "his," "hers." or "its," wherever the tontext so implies or admits. Also, that wherever there is s reference in the covenants and agreements herein coMained to any of f~e par~ies hereto, the same shalt be construed to mean as welf as the heirs, tegal representatives, successor: a~d assigna (either voluntary by scr of t}K parties or imoluntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits snd advanlages inure to the respective heirs, legal representat;ves, successors and ass~gns of the parties hereto. And said Mortgagors, (or themselves and their heirs, legal representatives, successors and assign~, hereby jointty a~d severally covenant and agree ro and wirb the said MORTGAGEE, iu successors and assigns: 1. To pay all and singular the principal and interest and the var~ous and sundry sums of money payable by virtue of said prom~ssory note, and this mortgage, each and every, promptly on the days respedively the same severaliy become due. 2. To pay sll and s~rgular the taxes, assessmems, levies, {~ab~lir;es, ob~igations and encumbrances of every nsture and kind now on said described property, o~ that her~af~e~ may be imposed, suffe~ed, placed, levied, or assessed thereon, or that hereafter may be ~evied or assessed upon this Mortg- age, w the indebredness ~ecured hereby, each a~d every, when due and payable, accord~ng to law, befwe thcy become delinquent, and before any interest r~+zches o~ any pena(ty is inc~rred; AtiD INSOFAR AS ANY THEREOF IS OF RECORD THF SAME SHAtI SE DROMPTLY SAT{SFIE~ AND DISCNARGED 'JF RECCRD AND THE ORIGIP;AL OfF1CtAl DOCUMENT (SUCH AS. FOR INSiANCE, iHE TAX RECEIPT OR THE 5AT1$fACTION PAPER OFfICIAILY ENDORSED ~R CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WlTHIN TEN DAYS NEXT AfiER PAYMENT; and in the event that any thereof is rwt ; a~d, sar sf~ed and discharged sa d h50RTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien. equity or •~qht ~nder or by virtue of th;s morrgage and ihe fu~I amovnt of each and every s~ch paymens shall be immed~atety due and payable and shall bear ~merest ~.om the date thereof until pa;d at rate of n:ne pe~ centum pe~ annum and rogether ,,,.~h ~uch i~telest shaU be sewred by the hen of th:s morgtage. a~209 ~~19 - - . _ _ v _ -