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HomeMy WebLinkAbout2183 24'~231 30th J evax~? 73 ~ : . ~ THIS INDENTUR~ M~ds ihe day of ~ bNw~ Johe M1~. 1~iheQler and B11~nrG. Mihoel~s , . A.~. ~9~, l~i~s wif~ of $t. ~'yCi~ Cwnty Flwida, hersi~aftK deiigna~ed ~s tM "MpRTGAGOR;' ~nd FIRST FEDERAI SAVINGS ANO IOAN ~ ASSpC1AT10N OF FORT PIERCE, ~ cwpa~tion orpanised and ~xiitiny unde? tM laws of th~ Un~t~d St~r~s of /lmeriu ~nd Fwrinp iri principal plac~ of bu~ineu &r tM City of Fort Paru, St. lucis County, Florid~, Mrein~fter dei~pnat~d ~s tF+s "MORTGAGEE." WNEREAS th~ MORTGAGOR is justly indebud to tlw MORTGAGEE in the wm ot ~ 9• 5~ , yood ~nd lawful money oi the Un~ted Statet advanced by the MORTGAGEE unto ths MORTGAGOR, as evidenced by a ceriain promiuay note oi even date here•+vith, of wh+ch fhe followinQ in words ~nd fi~uret is a t?w copY. to-wit: , ~ 9,500.00 ~ 10019353 ~ w~. P;~~.. F~o.;d,. January 30 19_79 Fw val~e reteivcd, 1, we o~ either of us, omise to ~ p: pay, without defslcation, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fwt Pierce; ftorida, the sum of s 9~500. ~ w;th intcrest from date at the rate of ~~6.per annum, io ma~thly install- ~ ments ~s fotlows: ~ on the 10thday of ~r~h , 19 73 ~nd a Iike sum on the cwrospauliag day of each month therr afttr unfil ehe whote be futly paid. Fach instaUnxnt first shall bs applied in paymenl of the interesf and then on the ~npa~d bal~nce of the principal sunC Sf t~e(+uh is made in ths paymcnt of any installment when due, and such defavh conlin~es 30 dap, the~ at the option of tix holder, and wiihout ~ny otfyt rlGtice, etl the remainirt~ ~ ~nstatlments shaU be due and payabfe at o~ce. Privilege is given ro prspsy this note in whoM a in part af any time without pcnalry. Neither fwebearanco, t no~ atteptance by the holde~ thereof sfter any default in any p~yments he~eon, shall be deemed extension. A late F+ayment charge of ~s+~- sMll bs ~ added to each in~tallment remaining unpaid 7 days after ib due date, and a like sum 3ha11 be added to each such installment remaining unpaid 7 deys after each sutceeding paymeN date. ' } ~t Each maker, svrety and endorse~ hercof, janHy and sevcr~lly, wa~ves demand, {uesentment protest and notice of protest fo? rw~p~yme~t, ~nd f~rther . agrees ro a~y extension of time of paymes~t, eithar before or after maturity, without notice to any of us; and to pay all costs of collectior+, inc{udinQ a ~ reasonable attaney i fee in the event of any defauit hereunder, and hereby severafly waives all benefit of homestead and exemption under the constitulion ~ and laws of each State of the United States, as against this obligation o? any extension w renewal hereof. ~ Wit~eu the hsnd and seal of each party_ ~ s/ John Wa. Wheeler ~ \ cseaU ~ Ellen G_ Whts 1 r a~ 14 . 25 ? State Revenue ~U ' ~ (s+«~qs+~w~sMs~~ow~ai~iw~i.wae) NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of = 9~ S0O , and ti~e performance of rl» ,U coverwnb and agreements hereinafter expreued, snd fw divers good and valwble coruiderations, by these preser+ts, does grant, barpsin, sell, remise, 'v releas~, convey aod confirm unto the MORTGAGEE, iri successors and auigns, all that certain bt, p'~ece of pucel of (and, tituate, lyug, and beirg in ths County of $L. Lueie a~d $tate of Fluida, dewibed ~s foltows: [.ot 5, of SADIB WHBBLBR'S SUBDIVISION of Lots 9 and 10 of CANNING oQ'S SUBDIVISION, as per plat thereof on file in Plat Book 3, Page 35, of the Public Recorda of St. Lucie Cour~ty , Flor ida ~ E~ L O R 1 O A f ~ 'C IHT ~ 1M ~ TAXES ~ MEkIARY ~18CE PEitsp~ Pq~ERIr, o~ 'w ~ tA M p t a x t ~~N~ TO CHAP1ER 71-134. ~crs ~c _ • i RosER pplTl~ ~ le)1. /y~ ~J y~ o = e = ?ie -5•1~ : ~ ~r Z rJ + ~ ~~R ST WCIE ~.1Q. fL~~/' o t rogether with al! and singulu ihe tenements, hereditamenb a~d ~ppurtances the~eunro belonging or in anywise appehaininy therefo, a~d •II rentf, isauts, proceeds and profin sccruirg and to acuue from said premises, all of which are included in the above ~~d fuegoin~ descripfion ~nd habend~m, TO HAVE AND TO HOW the sbove dexribed and granted premisea unto the said N4pRTGAGfE, its •suoceswn a~+d aug~s forewr. Md the s+Jd MORTGAGOR for the2r he;n, executws, administratws and auigns, hereby covenanri with the iaid MORTGAGEE, iri sucteuors ~nd asii~% ~hat th~ aYg__ ra,~~ny seized of the said premises in fte simplr, that the same a~e free, clear and dischsrped from all liens snd ~ntum- brances in law w in equity, and that tZ1eV we!! and *he7 r heirs shall wsrrant and defend tht title 1o the sams to th~ s~id MORTGAGEE, its successors and auigns, forever ~gainst the lawtul claims and demands of all persons; PROVIDE~, ALWAYS thsf if tF?e MORTGAGOR sMll psy u~to the MORTGAGEE the promissory note hereinbefw~ described and thsll truly, promptly and fuUy perfwm, dixharge, execute, compkte, comply with and abide by exh end every the stipulatio% agreemenb, conditian snd covenanb of said promiuwy note and of this Mong~ge, the~ this Mortyage and the Estate hereby created ihall ceass and be rwll u+d wid. . IT IS UN~ERSTOOp th~t the word "Mwtgagw" whether in the s~ngular w plural snywhere in thes Mortgaye, shall b~ sinpul~r if one only ~nd shall be plu~al jointty end severally if more thsn one, •rtd that the word "their" as ~sed anywhere in tha Mwf9sQe sMsU b~ laken to mesn "his;' "Ikn;' or "its;' wherevd the context w implies or admits. Alw, that «hereve~ there is s reference in the covenanri ~nd pr~ements herein cont~ined to a~y of rhe pa?ties hereto. the ssme shall be construed to mean as well ss the heirs, leyal represent~tives, successon and s~sigrn (either wluntary by ~cf of t!w ~ pa:tid or involuntary by operation of the !aw) of tAe suns and that the covenants F?erein contained ih~ll bind ~nd the benefilt and advaot~y~s i~w~ to the respective heir:, ky+l representatires, wccessors and au'gni of the psrties hereto. ~ And said AAo?tgsgors, fw themselves and their hein, legsl repreuntstives, successon and ~uiyna, hereby jointly ~nd seve~alty covenant and apree ~ to and with the said I{~tORTGAGfE, its successors and assigns: t. To pay al! a~d ~irgubr the piencipal and interest snd the vsriovs and wndry sums of moneY paYsble by viriue of said pomisswy note, and this mortg~ye. ~~ch snd avery, promptly o~ the days respecNvely the same severally becorns due. 2. To pay all and sing~lar tF?e tsaes, ~sse~smenb, levies. lisbilities, obligations and encumbr~ntq of every n~ture and tcind now on said described property, w thd her~eafter may be impo~ed, svffered, plxed, levied, a suessed thereon, p that hereafter may b~ kvied or asse~sed ~pon this Mwty- ~ age, w tM indebtedneu secured hereby esch and every, wha+ due and psyable, accwdirg to bw, before they becoms delinque~t, and befon any interpt ~ attathes o? sny penslty is inturred; AND INSOFAR AS ANY THEREOf IS Of RECORD TME S/lME SHAtI BE PROMPTLY SATISFlEO AND DISCHARGE~ OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFtCIAIIY ENDORSED OQ CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID AM1ORT(',AGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event th~t any thereof a not oaid, sst"sfied ~nd dixharged sa:d MORTGAGEE may at any time psy fhe same or any part thcreof withovt waiving or affectin9 ~ny opt'wn. (ien, equity or •~qht under or by virtue of this mo~tgage ar.d the full amount of eath and every such payment shall be immcdiately due and pay~bk and shall bear interest ~~om the d~te thereof u~til paid at rate of n~ne per centum pe~ annum and roge+her w~~h sucF~ inrere~ ~at red by 1" th:s mwptape. ~D~X . - - . < . . , ~ _ . , _ t n{