Loading...
HomeMy WebLinkAbout5297 245180 ~ THIS INDENTURE, Msda the 3rd day of J~~Zy A.b. 19___~_~ between _ Julian Walker and GsacQ WalkeY, his wife af St• ~'uCi~ County Florida, hereinafter designa~ed aa Ihe "MORTGAGO anc1~FIRSi~ feDERAI SP(JINGS AND LOAN ASSpCIAT10N OF FORT PIERCE, a corporat~on organized and exis~~ng under the laws of the Un~ted Statos~bl~ Americs and having itf p~incipal ptace of business in ths City of Fwt Pieres, 51. tuci~ Cou~ry, florida, hereinafter de~~9nated as the "MORTGAGEE:' WHEREAS the MORTGAGOR it justly indeb~ed to ths MORTGAGEE in the sum of : 2,833.80 and tawful money of the U~~ted $tates advanced by the MORiGA(;Et unto tYre Ir~UKiViaC.vx, as evicin~nrci uY e io;ai=, ri:, ~:.;o:y :.,.e =6 e_-~ da!e ~•.~..t~6, of which the fqifowinp in words and figurea is a truo copy, towir s 2,833.80 ~ 10019250 Fo?t Pierce. Flwida. `~~~'ry 3 ~9 ~3 Fw value received, 1, we w either of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOiV OF FORT PIERCE at Fwt Pierce, Florida, the sum of S 2,833•8~ v,,;~h inierest from date at the rate of ~o pe* annum, in monthly enstall- ~^ents as fo!!ows: = 23 on the ~t_ day of w~b 19 73 and a like sum on the cwrespond~ng day of each momh there- jfrer unti) the whole be fully paid. Each installment first shatl kse applied in payment of the in?arest and then on the unpaid balance of ~he princ~pa) sum. If default is made in the Feyment of any installment when due, and such default coroinues 30 days, then at ttx option ot tne noider, and wiiiwui eny a: ~er r.ar;,r, s!! tht re.^.e.i^e~ :~~srallments shall be d~e and payab~e at once. Privilege is given to prepay this note in whote or in part at any time without penaUy. Neither forebearance, nor acceptance by the holde~ thereof after any default in any payments hereon, ~hall be deemed ex~ension_ A tate payment charge of S 1~ 15, shall be added to each instaliment ~emaining unpa~d f days after its due date, and a like sum shall be added ?o each such installment rema~ning unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jo~~tty and severalfy, waives demand, presenrment protest artd notice of p~otest fw nonpayment, and iunher .~grees to nny extension of t~me of payment, either beiore or aiter maturity, wi?hout notice to any of us; and to pay all costs of collectio~, includ~ng a reasonabk attomey's fee in the eveM of any defautt he~eundrr, and hereby severaSly waives all benefit of homestead and ezemption under the constitution ~d laws of each Srare of the United Statrs, as aga;naf this obligation w any eatenaion or renewal hereof, Wifness the hand and seal of each party. s/ Julian Walker ts~Au ~ (SEAI) s/ GYace Walker (SEAU ~ $4,35 ; ~.~y R~~~::_~ (s~u1 ~tZi~.4aC~c~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 2~833~$~ ~ and the performance o~ 1he covenanb a~ agrerments hereinafter expressed, and for divers qood and valuable consideretions, by these presents, dces grant, bargain, sell, remise, re~eau, convey and confirm unto ihe MOR7GAGEE, its succeuora and assigns, al! thar certain lot, piece or psrcel of land, sitvate, lying, and bei~g in 1Fa :ounty of St. Lueie and State of Fb~ida, described as follows: i.c~i3 I au, i+~ a: CL` ~`.°..~,~n~ NEI~c gtgniv~SInN; as ner olat thereof - on file in Plat Book 9, Page 59~ of the Public Records of St. Lucie County, Florida lhis is a second ~ortgage being inferior only to a prior first aortgage fro~ aortgagors to aortgagee and recorded in O. K. Book 202, Page 700 of the Public Records of St. Lucie County, RloYida . • ~ ~f~ ~ IN PK(EAEtiT OF ~ ~ O~UMEN ARY . ~AMP~i A ~ ouE ~o+ CIASS 'C lNiANGIBLE ?E ;'.l P?0?ERt~ og ~jg pF lytl. O£PT.Of REI/ENIIL ' f pURSU.IN1 70 ~~~ER POtTRA.S a~s r~'' o_ 1.i, + S~ GIRGU~T COURT, Si. LUCtE CU~. F?Jl ~ . ~ together with ail a~d singutar the tentmrnts, herediraments and appurtances thereunto belonging or in ~nywiu appertaining thereto, and al) rent~, issues, p~OCeedS and profits accr~ing and to acvue from said premises, all of which are included in the sbove ~nd foregoing descriptio~ •nd hsbendum. TO HAVE AND TO HO the above described and granted premises unto the asid MORTGAGEE, its successws and assigns forever. And ths s~id MORTGA~O R{w tbe~r heirs, executors, administrators and assigns, hereby covenanri with the said MORTGAGEE, iri successors end auiqro, ~har - tRey_ are__ ,awfully se~zed of the said premises in fee simpie; that the same are free, clear and discharged from a!1 liens and sncunr brances in Iaw or in cquity, and that they W;~~ a~ tZ2@~Z heirs shall warrant and defend tht tirle to the s~me to the said `AORiGAGEE, its successors a:id assigns, forever against the lawfu~ clairr.s and dema~ds of all persons; PROVIDED, ALWAYS that if the MORiGAGGR shall pay unto the MORTGAGEE the promisswy note hereinbefwe deuribed and thall truly, promptly and fully perform, d~uharge, execufe, complete, comply with and ab~de by each .and every the stipulations, agreements, conditions and covenants of said promissory nore and of fhi~ Mongage, then fhis Mwtgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whetfier in the singular or plural anywhere in this Mwtgsge, shsll be singular if one o~ly and shall be plura) jointly and xverally if more than one, and that the word "their" ss uud snywhere in this Mortgsge shall be taken to mesn "his;' "hen," or "its," wherever rhe context so implie~ o~ adm;fs. Also, tF~at wFxrever there is s refere~ce in the covenants and agreements herein coMained to ~ny of rhe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either vol~ntary by id of the parties or involuntary by opc.atio~ of the law) of the same and thar the covenanrs herein contained shall bind and !he benefits and ~dvantages inure ro the respective heirs, Icgal representatives, successors and ass~gns of the parties hereto. Anci said Mortgagors, for themselves and their heirs, legal reprexntatives, successors and assigns, hereby jointly and severally covenint and agree ro and with the said MORTGAGEE, its successors and assigns: 1. io pay all and si~gular the prirxipai snd interest and the various and sundry sums of money payible by virtue of ssid promissory note, •nd thit mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay sll and singufar the taxes, assessments, levies. Iiabilities, obligatio~s and encumbrances of every ~ature and kind now o~ said dexribed property, or th~t hereafter msy be imposed, suffered, placed, levied, a assessed thereon, pr that hereaffer may be Ievied or asseiud upon this Mort¢ a~e, w the indebtedness secured hereby, esch and every, when due and payable, ~ccwding to Iaw, befwe thty become delinqueM, and befwe ~ny interest rnaches or any penalty is incurred; ANO INSOFAR A$ ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATI$FIED AND DISCHARGED OF- RECORD ANU THE ORiGthAl OffIC1At ~OCUMENT tSUCH AS, FOR lhSiANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtLY ENpORSED OR CERTIFIED) SHAII BE PIACED !N TME HAtSDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and ;n the event that any thereof is nw Ga~d, sat sfied and d~scharged sa d MORTGAGEE may at any t~me pay the same o~ any part thereof witlwut weiving or affecti.-+g any oplion, lisn, equity or ~~qht under or by virtue of th~s ~norrgage and the fu~l amovnt of each and every such payment shall be immed~ately due and payabte ~nd shall bear interest <<om the date thereof until pa~d ar rate of n~ne per cent~m per an~um and toge~her w~th such interest shall be secyrjed,by I' ~ of th:• morgtage. . Ee~~~~~ =:'~:2??~~ ~ _ ~ . ; ~ . . ~