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Home My WebLink About0036 24989~ THIS INpENTURE, Mad~ t1+. 12th ~y of Februa zy ~p. 19 73y ~~M G. B. Walters and Alliece Walters his wife ~ of St •~.ilC E' Cp~n1y flotida, hsrtinaftK tksignsted ~s th~ •'MORTGAGpR;' and itRST FEDfRAI SAVfNGS AND LqAN ASSOClATION OF fORT PIERCE, a capaatan orp~nized and existi~ yr~ iM laws • of ths Unit'd Staqs of Am~ric~ ~nd Mvinp its pri~cipal plx~ of business M th~ City of Fort PiKCe. St. luci~ County, florida, hereinaft~r daiynated as tht "ld~~ S's~1s'iEE~O WHEREAS tM MORTGAGOR is iu~tly i~xlebted ro tha MORTGAGEE in the sum of ~ ~~W' money of t6e United ~ good and lawful Sratet advanced by tAe MORTGAGEE unro ths MORIGAGOR, es evidenced by a certaln promisaory note of even date herewith, of which. t~e followtnp in wad? and figurss is • 1rw copy. lo-wit: = 7,,600.00 ~ 10019423 Februa ry 12 ~ Forf Piern. Ftwid~. -1y-- Fo? value received, 1, we w either of us, promise to psy, witFaut d~falcation, to the order of FIRST FfDERAI SAYIMGS AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Ftorida, /he sum of = 7~~~ • 0O w;th inte.e~t from date af the rate of 7• 5 % per aanum, in monthly instalF mQ^~t ~~°~~~s= f 62 on fl~e lOth day of 'J~e , lq 73 and a like sum on the cwrespond~ng day of rach month therr after until the whole be fully paid. Each i~stallmenf first ahal) be ~pplied in payment of the interest and then on the unpaid balance of the pri~ipa) sum. If default is mads in tha paymeM of any instalGnenr when due, a~d wth default continues 30 days, tben at /he option of ti?e holde~, and without any other notice, all the remaining imtallments shall be due and payable at once. Privi~ega is given to prepay fhis ~ote in wfiole or in psrt at any time without penalty. Neither forebearance, nor acceptance by the holder tlxreof after any default in any payments hereon, shall be deemed extension. A tate payment charge of ~ 3'1O, shall be added to each instaltment remai~ing unpaid 7 days after its due date, and a l~ke sum shall be added to each such installment remaining unpaid 7 days after each sutceeding payment date. E~ch maker, surery and e~dorser F~ereof, jointly and severally, waives demand, preuNment protest and notice of protest for nonpayment, and funher agrees to any extensio~ of time of payment, e~tF~er before or after maturity, without notice to any of us; and to pay all costs of collettion, including s reasonable attwney's fee i~ the event of any default hereunder, and hereby sevcrally waives all benefit of homestead and exemption under the constitution and laws of each State of thr U~ited States, as against this obligatio~ or any extension a renewal hereof. Witness the hand and seal of e~ch party. ' (sF/?U s G. B. Walters ls~?q . s Alliece Walters ~ ~ I I. 40 ~ state Revcnue fS+aw~s•w~cdl~i «?.~r:siaal.rwt~ - NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of = 71 and the performance of ths covena~ts snd agreementi hereinafter expressed, and for diven good and vslusble considerationa, by thess presents, does grant, baryain, sr(I, remiie, release, convey and coofirm unto the MORTGAGEE, its succcssws and tuiqns, sll that cenain lot, pieq pr psrcel of I~nd, situstc lying, and being in ihe tounty_of St. I.13C1Q and State of Florida, described as follows: That portion of an abaadoned 50 foot right of way lying between northerly extensions of east and west boundary lines of Lot l, Block 3, MILE END SUBDIVISION, as recorded in Plat Book 4, page 10, public records of St. Lucie County, Florida, ~ a p~ 1~~ ~ ~N PA~fM~ ~p~tC1. . . ~ ~ - / 5,~~?~ ~e,~. I~1 0~ k.flRtDA~ a~~~ ~ ~ ~ 00 ENI/~RY TAMP iA x. ~ ~ ~Ea ~R ~~E cAy ~ OEPt. ~f FE1fENU~ . ' • ' P'~ ~R~~ Sj• ~ ~ o ~ ~ ~ 1. 4 0 ~ ~ ~ow; E~. . o ~ ~uez ~ together with ail and singular tix tenements, hereditsmenb and ~ppurtsnces thereunto belonging or in a~ywise ~ppertaining thereto, and all renb, iswes, proceeds and profits accruing and to accrve from said premises, aU of which ue included in the sbove ~nd foregoing description and F~abendum. TO HAVE AND O HOLD tl~e above described and granted premises umo the iaid NIORTCAGEE, ifs succeuors a~d assigra forever. Md tM s~id MORTG GOR fw t~Q1= - he;rs, executws, administrators and auigns, hereby covensnts witb tl+e said MORTGAGEE, ib s~ttesso~s and assiyro, rhat ~ey are _~a~~u xized of the said Y premises in fee iunple; that the ame ue free, cku and dischuged from all lie~s ~nd encvm. brances in law w in equity, and that they W~~~ a~ thElt ~;n shsll warrant and defend the titk to the same to the s~id MORTGAGEE, its s~ccesson and auigns, fwever agairot the tswful ctaims and demands of all person~; PROYIDED, ALWAYS thst if the MORTGAGOR shaN psy uMO the MORTCaAGEE the promissory note hereinbefore destribed ~nd shsll truly, promptly and fully perform, diuharge, execute, tompkte, comply with and abide by esch snd every the stipulations, agreements, conditio~s snd tover?~nri of said promissory note and of this Mwtgage, then this Mwtgage and ihe Estste hereby uested shsfl cesse and be rwll and v~oid. IT IS UNDERSTOOO that the wwd ' Mwtgagor" whetker in the singular or plural a~ywhere in tbis JNo?tgage, s}~all be sinQulsr if one anly u~d shall be plural joiMly and severally if more than one, and that the word "their" as used ~nywhere in this Mortgage sF?sll be t~ken to mes~ "his:• •'hen;• or "its;' wherever the context so implies w admits. Alw, that wherever there is a refe~ence in the covenants ~nd sgreertienb Merein contsined to u~y of the panics hereto, the same shall be construed to mesn as well as the heirs, legal representatives, suaeuors and ~uigro (either voluntary by act of fhe parties w involuntary by operation of the law) of the same and that the covenants herein contained shall bind snd tlx bet~efib and advu~tspp iiwr~ to the respective heirs, kgat representatives, ivccessors and su%grts of the parties hereto. And wid Mwtgagors, for themselves and thei~ luin, legal reprexntatires, si+ccessors ~nd assigns, hereby jointly and severally tovensnt and pree to and. with the ~aid MORTGAGEE, its s~xcessors and assigro: 1. To pay ~II end singulsr tFx principal and interest and the vario~s and wndry wms of nroney payable by vinue of said promissory note, ~nd this mortgage, esch a~d every, promptly on tlx days respectively the same severaUy becpne dve. 2. To piy all end singulu the taxe~, assessments, levies. liab7lit;es, obligatioru and erxurnb~ances of evNy natwe and kind naw on asid descr~ed property, or that hereafter msy be imposed, suffered, placed, kvied, or suessed thereon, or thst hcresfim may be Iev;ed w assessed ~rpon this Mort~. age, a the intlebtedneu secu~ed hereby, each and every, when due snd psysble, accwdiny to law, befwe they become delinqus~t and befae any intaest artaches or any penalty is i~?curred; AND lNSOFAR AS ANY THEREOF IS Of RKORD TNE SAME SHAIL BE PROMPTtY SATISFfED AND OISCHARGEO OF RcCORD AND THE ORIGINAL OfFIC1Al DOCUMENI (SUCH AS, FOR INSTANCE, TME TAX RKEIPt OR THE SA715fACTION PAPER OFftC1ALLY ENOORSEO OR CERTIFIED) SHAIL BE PtACED !M THE HANDS Of SAlD MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the evem that any fhereof a na pa~d, sat'sfied and discharged se:d MORTGAGEE may st any time pay the same or any part thereot withovt waivieg o~ sfiectiny any option, lie~, equity or ~~qht ~nder a by virt~e of this morrgage and the full amount of esch and every such payment she~l be immediately dve and payabk and shal! bear inte~qt irom the date thereof unrii paid ar rare of n~ne per centum pe. annum and together w;~ ~c ~rr~ ihall be secu~ the lien of th:s morgta9e. _ aocK~1G o~c; .~s ~ ~ ~ - _ _ , ~ ° ~ . ~ x`~~~- - atr ~