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Home My WebLink About0037 24S'~'SZ 4 THIS INDENIURE, Mad~ the 12th d+y of '~anuary A.D. 19~ ~n~ee~ Walter H. Williass and Carolyn M. Wi2liass, his wife _ of St. T.11C~@ , Counry flwida, Mre~nafter designet~~;s'.Ma "MORTG'AGOR;'~and FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, • corporation ay~nized end exiiting unda ~M IaMn of ths United Sut~s of Ame~ic~ and Mvinp in principal place of buiinKS in tFw City of Fat PiKCe, St. l~~ County, Florids, hereinafter desgnated ai tFN "I~Q; ~.f,~O i WHEREAS the MORTGAGOR is juatly indebt~d to the MORTGAGEE in the sum of = ~ V good and lawful money of the Un;tad , Sratei advsnced by the MORTGAGEE u~to the MORTGAGOR, as evidenced by a certain promiuory note of even dste herewith, of whicA the followirg in ~ words and fiyures is a trus copy, to-wil: • s g~30O~pp ~ 10019283 # fwt Pierce, ilaida, Janua ry 12 ~ ~q 73 ~ Fw value received, 1, we o~ either of us, promise to pa without defalcafion, Io ~he order of FIRST FEDERAL SAVINGSS AND LOAN ASSOC~ATION OF FORT PIERCE at Fwt Pierce, florida, the sum of : 8~~~'~ with inrarest from date at the rate of 7•776 pe? snnum, in mOnlhly inilall- menrs as follows: S on 1he l~t~dsy of ~reh , ~9 73 and a like sum on the co~r~ponding day of e~ch mon~h therr i afrer until Ihe whole be fully paid. Esch irtstall.~ient first shall be appl~ed in payment of the interest and then on the unpaid balance of the princtpal sum. If detault is made in the Nayment of any installment when d~e, and such default continues 30 days, then at the option of the holder, and without a~y other notice, all the remaininy ~r~stallmcnts shall be due and payable at once_ Privilege is given fo prepay this note in whole w in part at any tlma withovt penalty. NeitFxr faebearence, ! nor acceptsnce by the holder thereof after any default in any payments hereon, shall be deemed extmsion. A late payment charge of • 45 - shsll be added to eath installment remaining unpaid 7 days after iq due date, and a like sum shall be added to each such installment remaining unpaid 7 dayt after i each succeeding payment date. ' ~ Each maka, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and f~rther agrees to any extension of time of payment, either befo~e or after maturity, without notice to any of ~s; and to pay all costs of collection, including a reasonable attwney's fee in the event of any default hereunde~, and hereby severolly waives all benefit of homestead and exemption under the tonstitution a~~d laws of each Sfaie of the United States, as agai~st this obligation or any extension w renewal hcreof. Witness the hand and seal of each party. cs~?u ~ s Walter H. Williass _ ' cs~?u s Carolyr~ M. Williaas ~ ~ s`12.45 t State Revenve istampL.uoc~ll~lor~oryioat~are) 8 300.00 NOW, 1HEREFORE, the MORTGAGOR for the purpose of secvring psyment of said sum of ~ • snd tM pe?formance of ths covenann and agreements hereinafter expressed, and fw divers good and va~uable considerations, by theu prosents, does grent, baryain, iell, remiae, release, convey and confirm unto fhe MORTGAGEE, in successws and assigns, all that certain bt, pieae or parcel of land, situate, lying, and bei~g in the ~ounty of Lneie and State of Fbridi, dewibed ~s follows: ~ Lot 5, Block 2, of SABAL PALM SUBDIVISYON~ as per plat thereof ~ i ; on file in Plat Book 10, at page 16, of the pnblic records of : ~ St. Lacie County, Rlorida, _ a ; ¢ ; ~ , ; ~ ~ ~ ~ ~ ; - : ~ A o~ ~.,,0 MP~A . D w ~sg ARY RECEN. ED IN PA:'tAEtlT OF T)i~PS ~ °s-• pETf.Of RE~~lINb `f - DIIE 0~~ CIASS `C' INTAMGIBLE PER30':.3t P*.~Orfli(r ~ fO ' ~,iW ~ t, 4 51 ~~T TO CHAPTER 71-I34, ACTS OF 19)L , ~ a ~ ! ~ ~ "'c ^ ' ROGER POtTR~4S ~ ~ I~tQ: CLERK CIRCi11T CAURT, ST. IUCiE C0~ i1/~, ~ ~ ' ~ 3 ~ r z ~ together with sll and aingular the tenements, hereditaments and appuNSnces thereunto belaging a in +nywise appeAaining thereto, snd all renri, issues, ~ p+oceedi and profits acauing and to acuue from uid prem'~ses, all of which are included in the above and fwegoinp dexripfion ~nd habendum. TO HAVE AND TO HO D the abw~e deuribed and gramed premises unto the said MORTGAGEE, its successors u~d +ssigr?s fe?ever• Md fM s+id ~ MORTGAGOR for the~Y ~~n, execoton, adminiifrators and assigns, b_~<oy covensnri with the isid JNORTGAGEE, iri tuaeswra ~od assipro. they a re rhat lawfully seized of the said premises in fee s~mplr, that the same are frse, dear ~nd discharped from ~II lierq u~d encurt~ ~ brances in I~w or in equity, a~d that th~ . w;1i and thei r heirs shall wsrrant and defend the titk to the same to tM ssid ~ MORTGAGEE, its successws +nd auigns, fwever sgsinst the lawful cls~mi and demsnds of all perwro; ^ PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefwe destribed and shall truly, promptly and fully perfwm, discharge, execute, complete, comply wi?h and abide by each and every the itipvlaYrons, agreements, condi~ans and covenann of a.d promisswy-note and of this Mortgage, then thi~ Nbrtgage +nd the Estate hereby uested shall cease and be null and void. ; . IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plura) soywhere in this Mortysye, shall be sirgutar if o~ only and ` shall be plunl jointly ~nd xverally if more than one, and that the wad "their" as used ~nywhere in this Matgaye sMll be taken to mesn ••ha;• ••hers:• ' r or "its;' wherever the context so implies or ~dmits. Also, tMt wherever there is a refereexe in th~ cwenann and sgreemenri herein oontained to any of ~ - ~he p~rties hereto, the ssme shall be corutrued to mean a~ well as the heirs, leg~l represent~tives, svaessws +nd suigro (either volunbry by act of tht ; ~X`; parties or involumary by operation of the Iaw) of the same and that the covcnaMS he~ein contained shsll bind and rhe benef~n and advntay.• trwre ~ ro the respective heirs, kgal representatives, successors and su'gns of the psrties hereto. ~ ~ And ssid Mwtgsgors, for themselves ~nd their heirs, legal representatives, successon a~d auigro, hereby joinNy and severally tovenant snd ayree < to snd with the said MORTGAGEE, in s~ccesson and assgns: ~ 1. To pay all and sinpular the principal and interest and the veriovs and sundry sums of money payabk by v"wtw of said promiuory ~ot~, and this g ~ mortgage, each and every, prompNy on the d~ys respectively the same severally becane due. ~ ~ ~ 2. To pay ~11 and ~ingulu the taxes, auessments, levies, iisbilities, obligaiwns and encumbr~nces of every nature ~nd kind now on said described : ;Y prope~ty, w tF~at hcreafter may be imposed, a~ffered, plsced, levied, or suessed therea~, a that hereafta msy be levied w ~sseued upon this MortQ- ? age, or the indebtedneu secured hereby, each snd every, when due and psysble. +uordinp to law, before they become delinquero, and befw~ ~ny interat ~ anaches or any penalty is incwisd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANtE, THE TAX RECEIPT OR THE SATISFAGTION PAPER OFFICIALIY ENDORSED :':i OR CERTIFIED) SHAII BE PtACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny thcreof is not paid, satsfied and dixharged sa:d MORTGAGEE may at any time pay the same or any psrt thereof without waiving w sffecting sny option, lien, eqvity a „'r' •~qht under w by virtue of this mortgage a~d the full amount of each and every s~ch psyment shall be immediately due •nd p+yable and shall bear int~rett ~•om the date thereof u~til paid at rate of nine per centum per a~num •nd t ether with such interest sh~ll be secured by the lien of th:s mor9tsQt. ~ ~ ecc~ ~cE ~ ~ . 4 ~ rj _ % ~a 'F ~ _ _ _m_'_ _ _ , r , e