HomeMy WebLinkAbout2193 ~r5'?'619 ~
THIS INDENTURE. Mad~ 1M `l ~h day pf `1~@ ~~-_.~_T,,,~ ~~~/,,~D. 19
~3 betw~te~
_ Clarence A. Wells and Martha S. wells, h s w fe
of St~ L~1C~@ Cq~~M Florida, h~teir?~ftt~ d~iignated at tht "MORTGAGQR," snd FIRST FEDERAL SAVINGS AND IOAN
AS$O~IATION OF FORT PIERCE, • corporatioe~ orp~nis~d ~nd taiitiny w~dK tM law~ o( tM Unit~d Sta~~s of Mntriu u+d Mvinp its, principa) plu~ of
butin~p in tM City o! Fwt PiMC~. St. luci~ ~County.,Flaida. Mreinafur daiy~ated ~s tM "MORTGAGEE."
WHEREAS /M MORTGAGOR is ~ntty ind~bqd to 1F» MORTGAGEE in ths tum of =311 ~ , yood ~nd lawful money of the United ~
S~ate~ advanced by th~ MORTGAGEE uo~o ths MORTGAGOR, as ~videnced by • certain promiuory r?ole of even dale Fxrewith, o~ whicA ths followiny ia
words and f' we: i: a rrw copy, to-wit: 1002Q045
S 31' ~ n~,
Fo.? Pj.rc.. F~a~d.. June 19 19 . .
For value received, 1, we w either of us, promise to p~y, wilhout defdcation, to the order of F~RST iEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at fort~ fPierce,~ id~, 1he iu ~~3j
1t~0•~~~_ w;th intery~,from date at the rate of 8~~ % per annum, i~ mo~thly install-
m~M1 A ~O~~OW~: :`~O ~ pf1 ~~f0 h. daY af - y 19 ~ 3 and • like sum on 1F~e careiponding day of each month thert-
after until the whole be fuNy paid.
Exh ins~allmcnt fiist shall be applied in payment of the interest and then on the unpaid b~lance oi the principai sum. If defsutf is made in the ~
peyment of any installment whcn due, and ~uch default continues 30 days, then at the opiwn of the hotder, ~nd without any other notic~, all the remain~n~
~nseallments shaU be due and payabte at once. P~ivileya is yiven to prepay iha note i» whole q in part at any tims withovt penslty. Nei1h~ forabcwance,
~or acceptante by the holder thereof attc~ any dcfiult in any paymeNS hereon, shall be deemed extension. A late p~yment charge of =
iZ~OO ~U~~ ~
added to each inslaltrn~nt remaining vnpaid ~ days after its dw date, and e like sum shall be added to each such instaflmeet remaining unpaid 7 d~ys ~ffK
each svccaedirg paymeM date. •
Esch make~, surefy and,endorse~ hereof, jointly and uve?ally, waives deniand, presentment protest snd notice of protes~ fw e?o~payment, and further
agrees to any extension of time of payment, either before a af~e? matwiry, without notKe fo any of us; snd to pay all costs of collection, includi~p •
reasonable attorney's fee in the eveM of any defaul; he~eundu, snd hereby uverally weives sN be~efit of homestead snd exempfion under fhe constitution
and laws of each S~ate of the United States, as against this obligatio~ or sny extension w ~enewal hereof.
Wifn~ss the hand and icsl of each party. ~
~ cs~+u
s/Clarence A. Wells ~U
(s~?i)
s t . s ~
~ $46 ~ SO ~ state Revenve
csranrp~ ti?+nmee-~?~+eLr Ra~.) .
NOW, THEREfORE, the MORTGAGOR for the purpose of securing paymeM of ~id sum of :~~~Q•~ and the
perfo?ma~cs of th~
covsnanb and syrecmenp hereinafter expresaed, and fw divers ~ood a~d valwbk tonside~~tions, by lhest present~, does. granf, ba~~ain, sell, remise,
release, convey snd confirm unto th~ MORTGAGEE, its succeuors a~d auigns, ell that certain lot, p'~ect or pucel of land, aituate, lyiny, snd beir+p in fhe
Counry of St • L1~C~@ StaM of F{wida, deacribd ~s followt:
Lot 9~ OOLLBGB PARK 6STA2BS, UNIY 1V~.1~ according to the plat thereof recorded
in Plat Book 12 at Page 52, of the Public Records of St. Lucie County~ Florida~ ;
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oF F ~.'saR"`P t ~
, r~~PM N~ f=........, y 4$•~0 , :
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`r' ~ p~,pt.~~REV.+12~3; r'",.f . G'~ IN PA1fMEHT OF TAXES ~
o
~ ~ ~ Jy RECENED ~
~r a ~ p.& DUE ON CLASS'C INTANGIBLE PE~SB:l~1l PROPERiY,
,'1~ ~ ~~t`~t QfIRS({ANT TO CFIAPTER 71-134, ACIS OF 19/1.~,~~-y~ r
o ROGER POITWIS
ELFRK CIRCUIT COURT, Sf. UlCIE 00, FlA `f
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together with ~II and singvlsr the tenements, hereditsmenb and sppurt~nces ihereunto belongirg w in anywise ~ppertsining therero, s~d all rents, iuuet,
proceedt and profits ~cvuing and to xuue from said premises. ~II of wii~ are incl~ded in the sbov~ and fwtyoing description snd habendum. j
TO HAVE AND TO ~OLD the above described and granted premises uMO ths said IIAOQTGAGEE, ih successort and auiQra farevp. And th~ sald ;
rhORTGAGOR for thell___ ~~rs, executon, sdmi~istrerwt and auigns, hereby covenanb wHh the said MORTGAGEE, iri wccessor~ and astipro,
that tney are , 1e~~~~ kized of the said
Y pem~ses in !ee simple: thd ths same sro fiee, ck+r and disch~rped from ~II {iens u~d tncum-
brsncet in Iaw or i~r equity, and thst they . r„~~~ ~ their ~~n ~11 wur~nt snd defend th~ title to tM s+rn~ to tM said
MORTGAGEE, itt successo.s a~d suigro, fwever ~gainst the lawiul claims a~d demsnds of ~11 per~;
PROVI~ED, AlWAYS that if ti~e MORTGAGOR shall pay unto fhe MORTGAGEE the promiuory note hereinbefore desuibed ~nd ahafl fruly, promptly
a~d fully perfwm, diuharge, execute, compkte, comply with and ab~de by esch and every the stipula~wro, ~greemenb, conditions ~nd coven~nn of ~aid ?
promiswry note and of this Mortgage, then this Mwtgsge snd the Esute F~ereby ueated sh~ll uase and be nu{I ~nd void.
IT IS UNDERSTOOD that the word "Mortgsgor' whether in the singulsr a plwaf anywher~ in this Morty~e, siull be sin~ular if one only and
shal( be plural joimly ~nd ~everally if more tlwn or% and that the word "their" as u
s e d an y w l~ e
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s i
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b
i s N b r t
9 a p e s
M l l b e t a k e n t o m e s n "
h i
s:' " h e n;'
or "its;' wherever the context so implies w admits. AI}o, tMt wherever thcre is • ~eference in the coven+nts ud agreements herein oont~ined to ~ny of
the p~?i~es hereto, the ame thall be construed to mean ~i welt as tF~e hein, kyal r~presentatives, tuKCesson ~nd ~ssigns (either voluntary by att of th~
partref w invoiums~Y oY ope~aiwn oi ine iawj oi ine s....e .rw, :~a: :ha :~:a.-.::: 4~::crs :....._:sa s,k:!! a.^a !4a ber.e!e!s and advaMsqes inw~
ro the respective hevs, 1e9a1 represenufires, succeuws a~d au~yns of the psnies hereto. Q
And said Mort a'
9sgon, fw fhemselves snd their heirs. lega) represcnatives. ~uccessors and assiyns, hereby jointly snd sevrralty covenant ~nd ayree
ro and with the ~aid MORiGAGEE, its successors ~nd asaigm:
1. 7o pay sll and sirgular Ihe principal and interst ~~d the varian and iundry wms of morxy p~yabls by virtue of iaid promissory note, er~d this
mortgape, each and every, promptly on ~he d•ys rapcctively the tame severally becane due. ~.~,C ~
2. To ;
paY all and ~ing~lar the u:es, usessmenn. levie~, tiabilities, obligatior?s a~d encvmbrance~ of every nature snd kirx! now on said detcribed oco *
prc~perty, w fhat he.eafter may b~ impoaed, wffe~ed, pl~eed, levied, or auessed thereon, a that hereafte~ may b~ kvied or assessed vpon fFds Niorty- o~
age, a the indebtcdneu sec~red hereby, each snd every, when due and p~yabk, accordirg to I~w, beiwe they becan~ delinq~ent, u?d befor~ ~ny intsrest
atraches a a~y penatty is i~curred; ANO tN50FAR AS ANY THEREOf IS OF RKORO TNE SAMf SHAII EE PROMPTIY SATISFIED AND DISCHARGEO Of
RECORD AND 1HE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR THE SAiISFACTION PAPER OFFICIAIIY ENDORSEO
OR CERTIFIE~) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT /IFTER PAYMENT; u~d in the tvent thaf ~ny fhereof is ewt
pa~d, sat'~f;ed snd diuharged se'd MORTGAGEE msy at any ume pay the same o~ any part thereof wifhout waiving or ~ffectiny ~ny option, lien, equ~ty p
.~~ht u~der or by virtue of this mortgaye and Ihe (ull amount of each and every such payment sh~ll be immcdiately due and payable and shall be~r interest
~~om the date thereof unrii paid at ~ate ol n~ne per centum per annum and toqether w~th such inferest shsll be secured by the lien of th:s moryt~e.
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