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HomeMy WebLinkAbout0401 25~49 ~ j ~ THIS INDENTURE, 1N~d~ th. I~b ~y of ~'31 ~ ~p 73 wiiso~ J. walker aad Dorothy P. waiker, bis w!• ~ °f St• ~'UCi! Cou~fy Norida, Mr~inaftM de~ipnat u~t "A0.0RTGA ~ a~~d FIRST FEDERAL SAVINGS.AND tOAN ~ ASSOCIA?ION OF FORT PIERCE, a corporatio~ wpanis~d and ~xis~irp und~r tM taws of tF~ Uoihd St~qa ai-I~~iu and havinp iri pti~?cipal pl~u of ~ bustn~u in tM Ciry of Fwt Pi~rq. St. Luci~ County. Flwida. MrtioahK d~si~naael q tM MORTC~1lGEf.» ( WHEREAS iM MORTCsAGOR is ~tly ind~bt~d to tM~MORT('sAGEf in tM wm of i~ 19l8~•~ yood ~nd i~wful ma»y of tM Un~ted ~ Stat~s advanced by tM MORiGAGEE unto tF~e MORTGAGpR. avidenced by ~ ce.~ai~ p?onsswry not, of wen d~te her~with, of which th~ followinp in wwds ~nd ~fqu~p is • trw copY. to-wit: L;t ~ 2 9, 800. 00 i ' ~ 10019692 i~' Fort Plerct Flortda, _ ~Pril. 1O 19 ~I3 Fa valus ?eceived, ws w either of vs, promi9 to8pa~r, wi~ t defsication, to the order of FIRST FEDERA~ SAVINrC~aS~ AND LOAN ASSOCIATION OF FORT p1ERCE at fwf pierce, Florida, 1he sum of ~ ~ 0~~ with intar~t from date at the nte of 7~7~76 pe~ +mum, in monthiy instalM 'y~ ments as follows: ~ 163.00 1~21 ~y of `J~e 19 73 and a liks wm on tfie cwrespa?dinp day of e+th month therr after until the whole be fvlly paid. ~ Each installment f'utt sh~ll be appfied in payment of the intcrest snd rhen on the unpaid balance of ths prinr;psl swh. default is msd~ in ths ~ ti payment of any installment when due, and such default continues 30 days, then at the optiw~ of ths holde*, snd without ae~ other notice, all tM remsininp ~ ~nstalfinents sh~ll be due and payabk at once. Privilege is giveo to prepay this note in whote w in p~rf ~t any tirne Wiihout penaly. Ntiths~r forebearancs, j nor aaeptance by the holder thereof afte? any defauh in any paymenb hereon, shali be deemed extansion. A late payment chargs of : 8~15 aMll be 4 added fo each inslallment remainiog unpaid 7 days aftet in due date, a~d a like sum shall be sdded to esch such installment remaininp unpaid 7 days after ~ each succeeding payment date. . ' \ Each maker, wrety and e~dwxr hereof, jantly and severally, waives demand, presentment protesf and notice of protest for rsonpaym~nt, and fvrthet ~ agrees to any extensiw~ of time of payment, either before w after maturity, without not;ce to any of us; and to pay sll costs of cdlection, includirp a E i; reasonabk attwney i fee in the event of any defauit hereunda, and hereby severatly waives all benefit of homestead and exemption under the toostitution ; and Iaws of each State of ths United States, as agai~nf fhis obligatiw~ or any eztension a renewa! he?eof. ~ Wirneu the hand and ses! of each pa?ty. ' s/ wilzon J. w~~ ~y ~ ; ~ ti Dorothv P. Walker ~ ~ ~ $29'7O 1 State Revenve lri+w+K'w ~w~e.Ned~e~InN~ ne~• NOW, THEREfORE, the NIORTGAGOR for the purpose of secvring p~yment of aid sum of = 19~8~~0~ ~ ~e~ the pe?formance of th~ covenanb and agreements hereinafte? expressed, and for divers good and wfwble cansiderations, by the~e preaents, does gr~nt, barpsin, sell, remise, releass, convey and confirm unto fhe MORTGAGEE, ifs tuccessors and auigns, ell that certain bt, pieu or puce) of land, situst~, lying, and beirg in ths County of $t • Lt1Cie and Sate of Florida, dewibed ~s fdlowt: The Bast 27 feet of Lot 9 and all of Lot 10 and the west 3 feet af Lot 11, - Blcfck 6, WYI.DWOOD PARK SUBDIVISION, aa per plat thereof on file in ~'lat Book 5, Page 54~ of the Pnblic Recozds of St. Lucie Coanty, Florida . ~ ~ ~ ~ t . . . i ! D i~~ ~ ~~IAMP iA~ ~ ~ OEiT. Of RErEl~ifE , - ~ ~ IN MYMEl1T ~ j~ o q~jC!lyEp ~ ~~~~~Rl~'7~ : 2 9 7 0~ p(g ON CIAS3'C' IRTAN61BlE PE~S^:`W. ~ ~-iai~N2 p~y(~pNi i0 CW~jER T1-134. 11C1S OF 19TL~~ ~ aoc~r+ poijw~s • ~L,E.FtI( GfR(~117 OOURT. ST. LtICiE CO., Fl~ • ~ ~ i ~ i rogether with atl ~nd singulsr the tenemenb, hereditamenb and ~ppurtances thereunlo belonging p in anywbe ~ppert~inirg thereb, ~nd ~II renb, issws, ~ proceeds and prof~ts acuuing and to acvue from said prem'ises, all of which arc included in the sbove and fwe9oirg descripYw~ and Mbend~m. ?O WIVE AND TO HO~O the ~bove described and granted premises unto the ssid MORTGAGEE, ib suaessors and auipns forevp. Md th~ said ~ MORTGA~ fw hein, executon, sdministraton ~nd auigns, he~eby covenann with the said MORTGACaEE, it~ suaessas .and psiqns, ~ that ~"~y ~e Iawfully seized of the said premises in fee iunple: tFut the ssme ue free, ck~? and d'achsrped from all Ilens ~nd ~t+cun? 1 brances in Isw a in equity, a~d thst ~eY will and their hein shsl~ wuranf ~~d defend tM titk b tM asrne to tM sald ~ MORTGAGEE, in successors snd augns, forever againtt the lawf~l claims and demands of sll persw~s; PROVIDED, ALWAYS that if the MORTGAGOR ah~ll pay unto the MORTGAGEE the promissory oote he?einbefore described and sh~11 truly, promptly and fully perfwm, diuharge, execute, tomplete, compfy with snd ab'de by e+th snd every ti?e stipul~tions, ~greemenn, tonditaro ~nd covenanq pf said ~ promis~o~y note a+~d of this Mwtgays, then tbia Mwtyage snd tha Estate hereby veated shall ce~se and be nvlt and void. IT IS UNDERSTOOD th~t the word "Mortgagor" wF~ether in the singular or plursl a~ywhar~ in this Mortgspe, shall be sinpulsr if ons only ~nd ~ shall be plural ioiMly and severally if more than one. ~nd that tl?e wwd "their" ss used anywt~ere in this Mwt~e sF~all be tsken to mean "his," •'hers,• i or "its;' wherever the confext so implies a sdmits. Also, ttut wherever there is a referenca in the covenants s~d ayreemenq herein oontainad to any of ~ ~he panies hereto, the ~sme shall be co~strued to mean as well ~s the he'v~, leyal r~presentatives, wcceuon and assi~ns (either volunt~ry by ~ct of th~ 4 parties w involuntary by operation of the (aw) of tF?e s~me aod that the covenants herein contained shaN bind and the benefita and advantaaes Inw~ ro the respective hein, le9al represent~tives, tuccessors and au~yro of the panies hereto. And aid Mort9agors, fo? themselves and their heirs, leg~l representstives, suctesson and aaiym, hereby jointly snd severally covenaM uid ~rte to and with tF~e ssid MORTGAGEE, in successors and suig?u: 1. To pay a!I and sinyular tFk princip~l and intere:t snd the various and sundry swns of rt~oney paYable by virt~e of said promissory note, and this ~ mong+ge, each ~od every, promptly a? the daya respettively the ssme severally becan~ due. 2. To pay all ~nd ~inyvl~r tM t~xes, ruessmenn, levies, liabilit~es, obli9ations and ~ncumb~anus of every n~t~ra and kind now on said desuibed ( property, w that heresfter m~y be imposed. suf{ered, placed, levied, or sssessed thereon, or th~t hereafter may be levied'or auest~d t?pon this Morq. sye, a the indebt~dneu ~ecured hereby, each snd every, when dw snd payable, aaordirg ro bw, befw~ they become ddinqueM, ~nd befor~ ~ny IMeres~ attaches ot sny- penalty is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PRO1MPTlY SATISfIED AND DISCHARGEO OF RKORO AND THE ORtGINAL OFfICfAI DOCUMEM (SUCH AS, FOR lNSlANCE, iHE iAX RECFIPT OR iHE SATISfACTION pAPER OffICIAIIY ENDORSEp OR CERTIfIED) SHALL BE VUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event th~t any tMreof is ~01 paid. ~at:sfi~d M~d disdwrqed s+id AhORTGAGEE may at ~ny time pay the same w sny p~rt tlxreof withovt waivirg w affecti • ~ ~Y aP~ion. lien, tqvity or iqlu vnda w bp virtue of thn morfga9e and the fult amovnt of each and eve~y iuch paymeM ihall be irmxdiately d~e and payabk and shall bear interat F~pln /ht dit! t~M~Of WffU piid at rate of nine p~r centum per annum and topether w7th wch intercit ~MII be secured by the lien of th:s maqtay~. e~z~3 40~