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Home My WebLink About0134 260303 THIS INDENTURE, Mad~ tM 3~h day of J~~ .T_ - , A.D. 19?3 b~twaen Donald J. WiZlems and Joan C. Wi ~m, hie tirife, of Stj,~ T11C~B ~ Cq~Ny ftwid~, he~~Inaftss d~siynated a1 tF+~ "MORTGAGOR;' snd FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION OF fORi PIERCE. • corporanon ory~nized +nd exis~inp under th~ laws of tM Uni~~d Sa~~s of Mx~iu ~nd havinp its principai pi~c~ of busin~ss i~ the City of Fw~ Piac~, St. l~rcis County, flaid+, hereir?alt~r desiynsted at tl+~ INURIGAGEE." WNEREAS tM MORTGAGOR is jwtly intl~bt~d fo tM MORTGAGfE ln the sum of j~~~~~~ good and lawful money oi the United States adranced by tM MORTGAGEE unto th~ MORTCsAGOR, as evidented by a certain promissory note of even date he~ewith, of which the fo(towinp In words aod figurq is s trw copy, to-wih ~ 28a400.00 100Q0251t _ Wn Pierc~. Florida. _____v..~. 31_..f.-. 19~~.._ L fo~ vatue ~eceived, 1, we o~ either of us, prom~se1t-o pay, without defalcation, ro ths order of FIRST FEDERAI S~AV.I~N~G~~ AND LOAN A560CIATION Of FORT PIfRCE al Fort Vierce, Pbrida, the sum of =2~31~•~ with interest from date at ths ate of ~e12°Yo pa annum, in i+rr~Mhly i~ta~~- men~s as (oltows: on the day of Novemher ~~9~3. and a liks sum o~ the cwresp~fing d{r of ~ach nionth rhe~r • ~ after ~mtil the whofe be fully paid. ~ Each installment firot thall bs applied in payment of the inferesf ucd then on ths vnpaid balance of fhe princ~p+l wm. lf defaulf is msde in tM v paymcM of sny inatallment when due, a~d such default contin~es 30 days, the~ at the optwn of ~he holder, +nd withtwt ~ny oti?~r notice, al) the r~rt+~tr?inp 1r,s~allments shatl be due and payable at once. P~~vilege is 9iven to prepay this note in whole w te~ part at any tlms without pbnalty. Neither to~ebcarance, , ~ nw +tceptance by the holder thereof afte~ any default in anY paYments hereon, shall be de+~emed eYtension. A tate paymeM clurg~ of, 12 • shall be added to each instatlment remaining unpaid 7 days after its due d~te, and a like ivm sMll be added to each tuch i~s~aliment remaini~ unpaid 7 days afta each sutceeding p~yment date. p~ y y presentment protest and nolite of p~otest fw no~paymenf, and further ~ Each make~, surety and endorser hereof, ''ntl ~nd seve~all , waives dema~d, ~ agreea ro any extension of time oi paymenL either befwe w after maturity, without notice to sny of us; and to pay sll coits of collection, includ~ng a reasonsble attorney i fes in the event of any default hereunder, and hereby severally waives all benefit of homestesd and exemption under the wnstitWion ~ and laMn of each State of the U~ited St~tes, as ay+inst this obligation a any extens;on a renewsl hereof. , Witrxsa the hand snd seal of each pa»y. ;4 ,S_/ Donald J. Willem~ ~ ,4- cs~?U ~ ~ Joan C. Wi31e~ ~q ~ ' ~ (-s~12~~ ~ $t~t! QlVMW ~U l$faRl~ CiRCQ~~Cd Ofl Of~IM~ f10tl~ NOW, THEREfORE, the MORTGAGOR for the pvrpose of securing paymmt of isid svm of t 28~j~-~ , and the pe?formanca of Nw covenants and s~reementi hereinafter expressed, snd fw divers good and valwble conside~ations, by these presenn, dxs grant, barpain, ull, remiss, release, convey ind confirm unro the MORTGAGEE, ib iuccessots and auigns, all thst oe~tain bt, piece or pucal of land, situate, lying, and being in ths ~pi~ty o{ S*i. II1C~A ~ and Stat~ of Florida, dexribsd ~s fdlowt: Lots 1 and 2 of TWELVE OARS ESTATES SUBDIVb5I0N, as per pl.at thereof as recorded in Plat Baok 16, Page 26, of the Public Records of St. Lucie County, Florida, STATE oF ~L.O~Ii~A ~ oZ DOCUMENTARY STAMP ~A~ ~ DEP7. OF RfYEfY1/E ; ~.a:• • in " P1. Iwy1 ~~~3 • a , ~ V O ! - (T~~ • ~ ~ ~ 11lp2 , ~ O ~Q~~ ~l~ ) \~~Q 1F+' ~ ~j" I ~~~~~~~~~,~E~p, s~~ ~ ~ ' E ~ E ~ 's • ~ rogether with sll ~nd sirgul~r the tenements, hereditamenn and appwta?xes tF~ereunto belonging ot in ~nywFse appertainieg thereto, and all rent~, issues, i procerds and profin sccruing and to accrve from said premises, all of whid~ sre includeJ in the above ~nd foreyarg description ~nd habendum. € ~ TO HAVE AND TO HOLD 1M above described and grante~ premises uMO the ssid MORTGAGEE, its successon and ~ssiyrn forevK. Md th~ saW i MORTGAGOR fw their ~~n, execvton, sdministrators snd euigns, hereby coven~nb with the s~id MORTGAGfE, ib sua~ssw~ and ~ulpr», thwn at+A ~ fhat r----- Iswfully seized of the ssid premaes in fee sunple; tlut tFK same ar~ free, clear snd dixhsrQed from ~II liens and ~ncwo- ; brantes in lew a in equity, end that thep wy~ a~ ti27@~.1' heirs thall w~nnt and defend ths title to tM sam~ to the said MORTGACaEE, i» sutceuors and auigns, {wever sqairut the lawful claims snd demands of all perwro; DROVIDED, AlWAYS that if the MORTGACaOR shall pay unto the MORTGAGEE the promisiory mote hereinbefore desctibed and sFull t?uly, promptfy and fully perform, dixMrge, eaecute, compkle, comply with and sbide by each and every the stipubtions, agreemenri, conditions ~nd covcnants of said prom~uwy rate end of this Mortgage, t)xn tF~is Mortgsge and the Estate hereby aeated shall uas~ and be n~ll ~nd void. ' IT IS UNDERSTOOD th~t tlx wwd "Mortysgw° whether in the sing~lar w plwal ~nywhere in this Mortyspe, shdi b~ sinpulu if one only and shall be plur~l jointly and xverally if more ti?~n one, and that the wo?d "their" as vsed anywfi~re in this Nbn9~ye sha!! be t~keo to mean "his," "hers," w'its;' wherever the context so implies w admits. Abo, tMt wherever there is • reference in the covenaMS and syreemenb herein contained to ~ny of the psrtits hereto, the a~me shall be construed to mean ss well as the he'as, kyal rtp~euntatives, suaessws and suiqm (either votuMary by ~t1 of tM 3 part~es w involunt+ry by operation of the Iaw) of the same and that the covenanb he?ein contained sh~ll bind ~nd ths benefin and ~dvantayes G+w~ ' ro the rerpective heirs, kgal representetives, t~rccessws and su°~ns of the p~rties hereto. ~ And ssid N1o?tgagors, for themselves and their heirs, legal represenutives, succtssors snd sssigro, hereby joinNy and sevenlly covenant ~nd ayree ? to and with tF~e said MORTGAGEE, it~ s~ccessors and auigns: ~ 1. To pay all and sirgular the principal and i~taest ~nd the wriovt and w~ svms of moneY paY~bk by vinue of said promissory note. ~nd this ; monyage, exF~ and every, promptly o~ the diys respectively the same teverally becortie due. ; 2. To pay ~II and sinpvlu the tsxes, suessmenu, levies, liabilitics, obligatio~a and encumbr+nus of every nstwe and kind ~ow on said described ~ properry, o~ that hereaft~r may be imposed, wffered, placed, levied, o~ auessed thereon, or that I~ereaftsr may bs levied or assessed upon this Matq- ; ege, or the indebted~ess secured hereby, ssch ar?d every, when due and p~yable. ~ccordin~ to Iaw, before they become del'x~quent, snd befw~ any intersst ~ attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF 15 OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AND ~ISCHARGED OF 3 RECORD ANO THE ORIGIIYAL OfFiCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAIISFAGTION PAPER OFFICIAIIY ENOORSEO OR CERTIf1EU) SHAII BE PLACE~ IN tHE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYNIENT; snd in the event that any thereof is nol = paid, uYsfied and diuhargcd sa:d MORTGAGEE may at any time pay the same w any psrt rhe~eof withovt waiving or af(ectirg any option, 1'~en, eq~rity or •iqht under or by virtue of this mo~tgage and the full amovnt of each snd every iuch payment shsll be immediately due and p~yable and shall bear iMerest ~ From the da~e thereof until paid at rate of nine pe! centum per annum and together w7th such i~er~tt sec~red ~ of th:~ morytape. _ - ~~!;R tii~_` ~•J~ e a-~~,.. . _ - . _ _ . . . , e"r"..* ~ _.F