HomeMy WebLinkAbout1531 ~ . ~ ~59189
THIS INDENTURE. AAad~ tha 16th ~y of JVly A.D. 19.~~ betwK~
Ric1a rd 1.. Williass and Theocbx~? ..T. w~.lliaas; his wile
af St~ LuCle Co~~ty Fbrid+. FN~f~MfiN desig~at~d ~s tM "MORT~GOR," and fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a corpaation oroani:ed ~nd existinp w~da Ih~ bw~ of tM United St~tN of Am~rka ~nd Iwvinp iM principa) plu~ of
buuMts tn th~ Ciry oi Fon Piwc~. St. luct~ County, florida, Mr~in+hN d~sipna~~d as th~ "MORTGAGEE."
WNfREAS Ih~ MORTGAGOR is jwtly indtbt~d to ~ha MORTGAGEE in 1M wm of ~ 24~eOO~OO ~ yood and i~wful ma?ey of the Un~ted
Stetei advanced by tM MORiGAGEE uMO ths MORTGAGpR, as evidenced by • certaio pranissory nols of•even date herewith, of whlch ths fdlowinp i~ i
: o24..nd~ •r~s a trw cuPV. towit: . ~ 10020191 s
~
~ P~. Julv I6a i9~,_ '
Fa valve rece:ved, 1, we w either of us, promise to pay, wi~hout defalcation, to the order of FIftST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Piarce, Florida, the sum of ~ 24~~0~~ with interest (rom date at the rate of 8~~ % pe+ annum, i~ monthly ir?ttalF
menff ~t fOllOws: S+92 on ther'oth day of Auqllst , lq 73 snd a like i~m on the cwrespw~ding d~y of each ma~th ther~-
after until the whote 6e fully p~id.
Each installment first shaJl be applied in payment of ths interest sr?d then on ths unpsid balance of ti?e princ~pal sum. If defavlt is made ln tM
payment of ~ny instaliment when dus, ~nd such defauh continue~ 30 days, then at tAe opian of the holder, and wiliaul any other notite, aU the remainin~
~m~altmeots shall be dve and payabte ~t once. Privilege is given ro prspaY thi~ note in whok a in pan at any time without pen+lty. Neither faebesrance,
nor atteptance by the holde~ ~hereof after sny default fn any payments hereon, sh~ll be deemed extension. A late payment char~e of i 9~~ sh~ll be
added 1o each installment remaininy unpaid 7~ days aft~r ib due dale, uid a like sum ihall be added to exh wch inatallment remaining unpaid 7 days after
each succeeding paYmeM date.
Each maker, surey and endwser hereof, jointty ~a~d severapy, waives demand, presentment protest +~d notice of protest fw nonpayment, and fvrther i
agrees ro any exten~an of time of paymem, either befwe p afte~ maturity, without notice to ~ny of us; and to pay all wsis of collection, includirg a ~
reasonabte attwney's fee in the event of any default he~under, and hereby severally waivei all benefit of Fqmeste~d and e:emption under the constitutan
and laws of each State of the~ United States, u against this obl'~gation or any eatension a rcruwal hereof.
Witness the hand and seal of each party. •
. ~
$ Richard L. Williams ~aU
~
(SE1?U ?
s Theodora J.'Willians ~
39 ~ 20 ~ Stste Revenus ~u ~
K+.~w ~neeqad-~ee~~or+ptnrr r~~ll ~
NOW, THEREFORE, the MORTGAGOR for the purpose of ucvri~g payment of s~id sum of ~ 24.~~~ , and the pc?formance of th~ x
covensnts ~nd ayreements hereinalter expressed, and 1a divers pood +nd wlwble coni~derations, by thsse presents, does g~ant, barpain, sell, remiu, '
release, convey snd confirm unro the MORTGAGEE, iri successors and ~uigns, all that t,ertain bt, piece or pucel of land, situa», (yirg, and beinp in 1M ~
County of St• Lucie ~ Stat~ of Florid~, dewibad as foflaws: '
1
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Lots 5 and 6~ Black 122, LAKEWOOD PARK - UNIT 10~ according to the plat ~
thereof recorded in Plat Book 11, pages 29A, 29B~29C and 29D, Public
Records of St. Lucie County~ Rlorida ~ ~
r
. ~
STATE ~F FLC~RID~ ~ i
c~ OOCUMENTARII STAMP TaX +
° OEPI.Oi q yENUE r' e t
- = Pa. _ ~~.r3 = • - ~ 3 7. 2 0 !
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R rogether with al! and singular tF~e tenements, heredtamenq ~nd ~ppurtarKes thereunto be{onging or in a~ywise sppeA+ining iherefo, ~nd ~II renb, issues,
i proceeds ~nd p~ofits sca~ing snd to acvue from said prem~ses, ~II of wii~ ue induded in tf~e sbove ~nd forsyoinp descriptiw~ ~nd haberodum.
f TO HAVE AND TO HOID the ~bove dewibed and yrsnted p~emises unto the s~id MORTGAGEf, its wocetton and a ;
their fa~.,. ~+~a ..w
` MORTGAG~QR~f~ are ~~n, executors, sdministratws and auigns, hereby cover+snts with ths said MORTGAGEE, ib s~xcessors ae~d assipro, f
_ ~n
; rhat - _ lawfuliy seized of the said p?emises i» fee sirnple; that ths same ue free, tkar and dixharyed from all liens ~nd ~ncum~ ~
' brances in (~w w in eqvity, and that they M„~~ t~1611 hein ~11 wur~nt snd defend the title to the s+m~ to tM said ~
~ h10RTGAGEE, ib succeuo?s ud auiyns, forever agaiMt the lawful claims and demands of ~II penpu;
PROVIDE~, AlWAYS tMt if the MdRTGAGOR shatl pay unto the MORTGAGEE the promissory note hereinbefore desuibed u~d shsll trvly, promptly
end fully perform, discharge, execute, comptere, compty wirh and abide by eacM ind every the stipulations, ayreemenn, tonditioro and covenann of said ;
promissory note and of this Mwtgsge, then this Matgage and the 6bte her~by aeated shall cease ad be null and void. !
IT IS UNDERSTOpD th~t the word "Nbrtgsgor" whether in the singular a pl~nl ~nywhare in this JNwtgape, shall be iu~yulsr if one only and `
shall be plu~a! joimly and severatly if mwe than one. snd that the word "their' a~ vsed anywhcre in this INatp~pe shall be hken ro mea~ •'his,•• •'hen•• -
or "its," wherever the co~text w im liet w ~dmits. Also, th~t wherever thae is • reterencs in the covenann ar?d
~ p a~eeme~b herein aontiurcd to a~y of
' rhe partip hereto, the ssme ahall be construed to me+n ss well ss the hein, legal rtpresentatives, wccessan ~nd ~ssi~n~s (eithe? voluntary by act of th~
' pa~ries or involuntary by operarion af the liw) oi ttx same and that the covcnants herein tontai~ed shall bind and the benefin and sdvaMayp irwr~
ro the respective heirs, Ipal representativa, successas and ~u~yni of the puties hereto.
Md said Mwtgsgors, for themselva and their hein, legsl representatives, successws u~d asfipru, hereby jointly and flYHallr OpVlfyflf illd i~Ilt ;
ro and with the taid MORiGAGEE, in successors and assipns: ~
1. To p+y all u~d aingular tF~e principal and interest ar+d the vsrious and sundry sums of mooey paY+bls by virtue of said promiuory note, snd thit i
matgs9e, each ~nd every, promptly on the days respectively ~FK same sev~rally become due. ?
2. To p~y all ~nd singvlar the tsxa, assessmenfs, leviet, tisbilifies, obligstions and erxumb~u+css of every n~twe and kind raw on said described
~ Property, a that hereafter may b~ impoied, wffaed, pl~ced, lev;ed, a ~sseued tF?ereon, a that hereafier msy b~ levied a assas~ed upon this Mo~t9-
sge, w the inckbted~ess secured hereby, each and every, when due ~nd pay~ble, aaordinp to law. befwe they beca~» delinquem, u~d before any intaest
; ettaches o~ any pen~lty is incurred; AND IN54fAR AS ANY THEREOF IS OF RKORD THE 5/1Mf SHAU 6F PROlY1PiLY SATISFIED AND DISCHARGE~ OF g
? RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICUILY ENDORSE~ ~
, ~
F ~R CERTIFIED) SHALL BE PIACED IN THE HANDS Of SAIU MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~ent that ~ny thereof es ~ot ;
g paid, sat'sfied and discharged se:d MORTGAGEF inay at any time pay the same w any p~rt the~eof without wsiv'rnp w af(ectiny any option, lien, eqvity or
•caht under or by virtue of this mortgage and the full amount of exh snd every wch payment shalt be immedi~tely due and payabk and shall bear interest 3
' ~rom tlx date thereof until paid at rate of r.ine per centum per snnum ~nd together with ~uch interpt ah~!! be secured by the Iien of th:s moryta~e.
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