HomeMy WebLinkAbout1832 • FrJ.7J.7 !
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THIS INOENTURE. M4d~ ths 17th day of `July . A.D. 19~., b~twNn
J. O. Williams and P tricia? will~ia~s his• ~~wif~
af SL • j.tlC~@ ~~~y Flor~da, hK~i~aftN d~siynarad ai tM "MORTGAGOR;' and FIRST FEDERAI SAVItVGS AND IOAN
ASSOCIATfON Of FORi PlfRCE, • rapor~tion orpaniz~d and exatin~ unde~ tM taws of th~ U~it~d S~a~p of An~iu and havinp its princip~l plac~ of
k.usirNSS in tFN Gity oi Fwt Pi~rc~, St, luci~ Co~oty, florida, herein~ft~r deiiqnat~d ~s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR h jwtly ind~bt~d b t!» MORTGAGEE in tM wm of ~~~7~~ ~ „ 9ood and lawful moesy of the United
Srates adwnced by ths MORTGAGEE unto ths MORTGAGOR, ai evidenced by a urtain pron?is~ory not~ of evsn date herewith, of whld+ tM followinp ip
wwdi Md fi~ures is a trw copy, lowit: ' ~
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w.e Ps..~.. F~«r~. July 19. io 73
Fw val~e received, I, we w eithe~ of us, prom~se to pay, without defalcstion, to the orde~ of fIRSi FEDERAL SAVINGS AN~ LOAN ASSOCIATION OF
FORT PIERCE at fon Pieres, Fbrida, the sum of = 38 ~ 7~• witb interest f?om date at tAe ~~te of 8• 0 96 pa ~nnum, in ma~th{y imtsll- ~
~~enrs ~s fol~ows: t300~~0 ~ t~ Z~t1~y of August ~q 73 a like ium on ths cwrespaxl~eg day of each monih ther~-
af~er untit the whola be ful~y paid.
E~th installment fint shal) be.applied ie paymeM of ths intere~t ~~d tha+ on tM unpaid balance of the p?intipaf wm. If d~faul! b msds In ihs ;
payment of any inatatlmeM whan due, and such default tontinucs 30 days, then ~t ths optan of ths holder, and witFwW sny other no~iu. ~U tht rem~inirg
~nstallments shall be due and payable a~ axe. Privitege is yiven to prsp~y this note in whol~ or in put at any tims w~thout penahy. Nsither forebw~nce,
nor acceptanes by the holder thereof after any default in any payment~ hereon, shall be deemed exter?sion. A I~te payment charge of !
15
• OQ sh~l) bt
added to each instaltment rtmaininp unpa~d 7 days after it~ due dafe, and ~ liks sum shall be added to each such installment remain'u~y unp~id 7 d~ys ~her
each sutcaedinp payment date, ~ '
Eacfi m~ker, surety ~nd endorser Mreof, jointly and seve~ally, waives demand, presentment protest and notice of p?otest for nonpsyment, and fvrther
agrees to any extenian of time of payr~nt, either betore w afte~ mawr+ty, without notice to sny of us; and to pay all costs of collectan, incl~?ding ~
reasonable attorney's fee in the event of a~y default Fxrevnder, and hereby s~verally weives aIl ber?efit of homestead and exemption under the cautitutan ;
and laws of esch State of the United States, as again~f this obligation or ~ny extension w renewal Ixreof. -
Witneu the har+d and seal of each party. i
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( `~'8 • ~5 1 Stats Revemx f
(Stamps uneelted on aipinal note)
NOW, THEREFORE, the MORTGAGOR fa ths purpose of securing psyment of ~aid wm of i 38 ~ 7O~• ~ , and tM perform~ncs of th~
coven~nn +nd agreements hereinafter expresscd, and fo~ divcn good and v~lwble consider~tions, by these presenn, does g~~nt, bar~ain, seU, remise,
retease, convey and confirm varo the MORiGAGEE, its succ~swrs sr?d +uipns, NI that certain lot, piece p puul of l~nd, sitwte, lyirip, u~d beirg In the
County of St . 1.11C1~ , ud St~h of Pbrid~, tkwibed as fdlow~:
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Lot 23~ RIV6R OAK BSTATES SUBDIVISION, aa p8z plat thereof on ~
file in Plat Book 16~ Page S,~ recorded in the Public R¢cords ~
of St. Lucie County~ Florida. ~ ~
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DOCUMENTARY ~ i ~ E4~ • ,
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~ogether with all and singular the tenemenn, heredit~menri and appurtances tFie~eu~ro balooginp or in anywise appeASininp N~er~to, snd ~11 ren», tssues, ~
j prxeeds and profits acauing and to scuue from said prem'ises, all of whicl~ ~rc included in the ~bov~ and foregoirg description and habendum.
; TO HAYE ANDt~OeF~OLD the abovs dexribed and ganted premises unto tt+e said N~ORTGAGEE, ib wa.essors ared auiyea forwer. Md th~ stid ~
s MORTGAGOR for A 1t hein. e:ecutors, sdminnuatws ~nd auigns, hneby oaven~nq with the qid AhORTGAGEE, its wae~son H+d assiyn.
( rhat th@y aXe Iswfully se~zed of the said premises in fee simple; tMt tFw s~rn~ are fne, clear ~nd d'nch~ryed fram ~tl li~ra ~nd rrKw~s-
brances in bw w in eqvity, and that th@y will and their hejh y~~f wi??ant N~d da(snd tIN fitl~ to the ~imt to iFN ~ald
; MORTGAGEE, it~ successors e~d essg~s, fwever against tFa bvrful claims snd dem+od~ of all perso~s;
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PROVIDfD, ALWAYS ti+at if fhe MORTGAGOR shall p~y unto the MORTGAGEE tht promissory note here'uibefon dewibed urd sh~ll truly, promptiy
and fully perfwm, discM~ge, execute, compkte, comply with a~d sb~de by each and every tF~e stip~rlatioro, ~yreements, conditiont and covenanb of ~id
promissory note a~d of this Mwtgsge, then this Mortgage and the Estate her~by ueated shall ceas~ snd b~ rwll and wid.
~ IT IS UNDERSTOOD tlut the w+wd "Mortgagor' whefher in the singubr or plw~l anywinre i~ this Mortyape. sh~ll b~ sinyvla~ if o~ only
€ shall be plural jointly and severally if more than one, and that the word "the~r" ~s used anywt~em in tha Mat4~ shall bs take~ to rnesn •'his,•• •'1~en•~.1
or "iri;' wherever the conte:t w implies a sdmits. Also, tMt wherever there is a refttente Fn the tovenanb snd apreeme~n herein oonta'u+ed to u~y o~;
rhe parties hereto, the s~me thsll be cw?strued to mesn ai well ~s the hein, kysl rKxesentatives, successors and assipr?s (either vduntary by ac1 of th~?
~ parties o? involunury by opention of the law) of the same and th~t the coven~nts herein confained ihaH bind ~nd the benefits and advMtapes Lwr~
to the respective heir:, Is9a! repreicntatives, successois and au~yro of tiN parties hereto. ~
Md ~aid Mwtgsgors, for themselves and their F?ein. legsl represenatives, s~ccessors and assigro, hereby jointly and severally coven~nt ~nd apr~e
i ro and with the said MORTGAGEE, its successors and auigm: ~ j
~ 1. To p~y aD ~nd sinpvlar the p~incipsl ~nd interest and the wriwn ~nd sur?dry sums of mo~ey paYable by virtw of iaid promissory not~, aad ihis~{ i
ma?tgspe, each and ersry, promptly on ths days respectively the same severally become due. ~
2. To pay all and sinpulu the t~zes, assessmenn, levies, liabilitie~, obligatiora and er~mbr~nus of erery MtYff afNJ I[Itld eww on uid deauibed~,"~-~
property, w that heresfter may be impwed, wffered, pl~ced, levied, o~ assessed thereon, o? th~t her~after may M tevied a~ssss~ed upon this Mat~- o
age, w tM indebtedneu secured !?ereby, each and every, when due and payabk. xtwdin~ to law, before they becan~ delinquent, and before any InterestC°D
; attaches a anr penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 6E PROMPILY SATISFIEp AfV~ OISCHARGE~ OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR tiVSTANCE, THf iAX RECEIP? OR THE SATISfACT10N PAPER OFFICIAIIY ENOORSED
~ OR CERlIFlED) SF#AlL BE VLACED IN THE HANOS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
E paid, sat'sfied +nd dixharged ss:d MORTGAGEE may at any time pay the same w s~y part tlxreof witF~w?t w~iviity or affectiny sny option, lien, eqvity or
F •~aht under or by virtue of this mortgage and the ful! amo~nt of each ind every iuch psyment shall be immediately d~e snd payabk snd shall be~r iMe~est
j.om the date thereof until psid at r~te of nine per centum per anrwm snd topether with strth i~terest shall be secured by the lien of th:~ moryt~~e.
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