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HomeMy WebLinkAbout2370 26i913 THIS INDENTURE. Macl~ t~ 9;h ~ay of Aqqllit A.D. 19 73 _ batw~~n Willia~ M. ~illsan and Mescis V. Tillaan his wif . St . L.ucie ~ o; County Flwida, h~ninaft~r dtsiyMt~d ~s th~ '•MORTGAGpR;' ~nd i1RST FEDERAL SAVINGS ANp LOAN ASSOCIATION OF fORT PIERCE, • caporaYan o?p~niud and ~xaiup vnder 1M laws d rh. u~~r.d s+•~.. of a~i~,a .~+d ha~u,p m aMCpa1 a.o. ot budr»u in tM City of fat PiKU, St, tuci~ Co~r?ry, Flaid~, hK~inahN dKipnaad as ?h~ "MORTGAGEE." WHEREAS ths MORTGAGpR 4 jvatly ind~bt~d a th~ MORTGJ?GEE in tM wm of = 27 ~ 5~ .~ood and lawf~l morwy of the Un~ted S!atrs adv~nced by tM MORTGAGEE unto 1M MORTGAGOR, ai ~videnced by a certain promiuwy ~o1t of tv~n date Iwr~with, of which th~ fdlowinp in wads and fiqu~p b a trw copY, to-wit: i 27• ~ N„ 1OQ2031O ~ P~. F~~ August 9 19 73 • for v~lw received, 1, we w either of w, prom;se to p~y, without defalution, to the wder of FIRST FEDERAL SAVING~S" AND LOIW /~b50C1ATipN OF FORT PIERCE at Fqt Pierce, Fbrida, 1M sum of ~27 ~ 5~ w;fh interest from date ~t ths rat~ of 8~ 7y6 ~ ua~um. in moQthly irotal{- F`~ 227.00 20th SQ te~ber 73 ' .1~ ments as follows: i-_ on the day of p 19 a~d a like swn on the cwrespon~l'~np dar ot ~ach month th~- after until the whok be fully paid. Each instaltment fi~st shall be applied i~ payment of the inrerest and then on the unp~id bslance of the prie?ciql ~wn. If defsuh b~n~ L? tht payment of aoy ir?stallmc~t when due. and such default continues 30 days, then ~t the optwn of the holde+. +nd witF?out ~py otFNr notica, aa ths rsmainir~ ~n~tallmenb sMll be due and payable at once. Privile9s is given to prep~Y this nots in wholt w in part af any time withovt yenafly. Neithsr fotsbeara~s nor accepta~ce by the holder thercof afte~ soy defaufl in any paymenb hereon, shall be deemed extension. A late payment cfixqe of =11.35, d+all be added to each installment remain~ng vr?p~id 7 days aft~r iri due date, and • like sum iF?all be added to e+ch such uutallrne~t r«n~inirp u~~id 7 days afie~ each succeeding paYment ds1~. Each make~, surey and endwser hereof, joi~tly and severaity, w~ives dema~d, presenrment protest and nofice of protrat fw nonpsyment ~nd fvrthe? agrees fo sny extension of time of payment, eithcr before w after matu~ity, without notice to any of os; and to pay all oosb of collection, includinp a reasonabb attorney's fee in ths event of ~ny default hereunder. ~nd Mreby severally waives sl! benefit of Fwmestead and exemption ~nder t!M oointitution and laws of each State of rhe Urtitad Statei, as against this obligatan or any extention a renewal hereof. ~ ~tnesa the hand and seal of esch party. ` S/ Willia, M. Tillsan ~ ~ l5E/?U S/ Mercia V. Ti12~an ~,w ~ ~ $41.25 ~ srare aeven~s ~Ahl l~ oeseolalo~! ~w~1 ~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvri 27 ~ SOO.OO ng p~yment of said wm of i and tiN pafomunos of th~ covenanfs aod apreemenq hereinafter expressed. and fo. d~va~ yood uid wlwbls ca~side?ations, by thaa presents, does p~ant, baryim, s~11, rem~se, relcase, tonvey and confirm unto the MORTGAGEE, ib successor~ and assigns, all tMl certain fot, piep w putel of lud, sitwM, lyinp, and b~irg in th~ Counry of St. Ll1Ci@ ,~nd State of Fbrid~, dewib~d as follows: Lot 1, Biock 121, LA[~WOl7D PARK, UNI? NO. 10, as per plat thereof on file in Plat 6ook 11, page 29, of_the Public Records of St. Lucie County, Rlorida, T °F ~ S~~ M-=-~"~" 1 0~~~`M~Nt AR~ : `.•S . ~ - ~~K,~ 2 5 t. of Rf : ~ ~ ~ ~ o~¢ ~ ~2t,» . " . ~p S- .a'aG ~ ~'i'ot , Dli Oi~1 G/1SS ~C' ~tl'IYIGt/tF pER90~~pOPERIr PURSIMIIT TO i ~ ~ ~ER 71-13t. ~AQS Of i971. - ROGER PORWIt EIERK CtRCU1T OOURT. Si. WCIE Op~ pA f i - ; _ : ~ s rogether with •II and singular the /enements, hereditamenb ~nd appwtances therevnto 6elon~in~ or in ar?ywite appertaininp tl~eb, and ~11 nm~, iau~, ~ proceeds and profiri acauing ~nd to accrue from aaid premises, all of wFi~ch ue included in tht sbpw and forepoirp deacripYan si+d h~bu~dvm. ~ TO HAVE AND TO HOW ths abov~ desuibed and g~anted premises unto the aid MORTGAGEE, its suousson a~+d assi~ro forewr. Md Nr sNd s E MORTGAGOR fw their execwon, administnton and auigrn, hereby cov~nants with tM said MORTGAGfE, tts wcaswn and assipe~„ ~ ~ rhat th~=Q lawfu(ly ~eized of the wid premiia in fee simple; that tlw sams ue fr~s, ckar and d'aciwrQed fran all li~m ard ~ncuer ; i brances in Isw w in eqvity, and thst the y will and t he i z hein shall wursnt and defend the titlt w tlw sanr to th~ said ~ MORTGAGEE, iri successars u~! ~ugro, faever ~gsi~st tht Iswful claims a~d demands of all penorot PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbsfon de~cr;bed ~nd sF~ll truly, prornptiy and fully peifwm, d~sch~rge, execute, compkte, comply with ~nd sbide by each a~d ev~ry tFw atipularions, y?eemenri, conditions and oove~rNS d said j promistwy note ~nd of this Mwtgsge, then this Mortgage and the Estate he?eby ueated slwll ceas~ and be null and roid. f ~ IT IS UNDERSTOOD that the word "Mortyagor' whether in the singukr a plwsl amrwMn in this Mortyaye, shall be sinyular if on~ only and i ~ ahalt be plural jo6ntiy and saverally if more ihan one, and that the wwd '9heir' as used anywhtn in this Mort~ape sha1) bs taken fo mean "his,° •'}krs~," ~ ~ o~ "it~:' whe~eve~ th~ context so implies or ~dmits. Alao, th~t wherever ther~ is a reference in tM covenants and apr~nq haein oomak~ad b any of ~ ~ the parties hereto, the sarne sh~ll ba cantrued to me~n as well u the hein, kyal r~presem~tive~, waessors and auiyro (sithe~ votuMSry b~r act of th~ ; parties a involunury by oper~tio~ of the law) of the same and that the covenu?a F~ersin wntsined aMll bind ~nd th~ be~efita and advaoh~s 1ern~ to the r~spective hein, kgal representatives, wccestws u+d auFym of the ~p~nies hereta - And said Mortysgors, fw themsclves and their hein, le~sl representstives, wccessors ~nd assipro, hereby jointly and sevaally oovenant and sprse to and with the said MORTGAGEE, its successors and ~ssiyns: 1. To pay ~H and tirgvl~r M~s principal ~nd interest and the vuious and sundry sums of money paYsbb by virtu~ of said ~ Promissary not~. ~nd this mortg~ye, eac1~ snd wery, promptlY on th~ days ?espectively tM same severally becoms due. 2. To p~y ~II ~nd sirgula th~ u:a, askssmcnb, kvie~. liabilities, obliystions and encumbrsnces of every n~tw~ and kind now oe said de~cr~d ~ vrope?h~, a that he~eaNN maY bt imPot~d. svfiered, plaad, tevied, or a~es~ed thereon, a tMt her~ift~r may b~ Irvied or ~s~essed upw~ thi~ Morq. i a9e, a tM indebtedness secured hereby, each snd every. when due and psyabk. +ccordinp w Iaw. be{on they bcconK ddinqvtm, and b~fore anr ~ a g arraches w arryr penalty a incwred; AND INSOfAR AS ANY THEREOf IS Of RKORO TNE SAME SHAII dE PttOMPTLY SATISf1Ea AND ~ISCHARGf~ OF i RECORD AND THE ORIGlNAL OFF1pAl DOCUMENT {SUCN AS, fOR INSTANCE, THE 7AX RKEIPT OR THE SATISFACTION p/1PER OfFIC1AllY ENDORSED ~ OR CERTIfIEO) SHAII BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; .and in tM eve~t that arry ther~of q no1 paid, sat'~fied and di~char~ed sa:d MORTGAGEE may st an~ time pay rhe tame o~ any part ti~ereof withovf wmin~ ot ~ffectinp any option, 1'~aw, equity p •~qht under or by virtve of this mortgaye and the full amouM of each and every such payment shall bt immed'utely du~ ~nd payabk ~nd shall bsar intarsst ; ~~om ~F+e date the~eof u~til p~id at rate oF n~ne per centum per annum and to~etixr with suth interest sMll~bee~`~' by ~ .s ~ b00K ~1~ ~11CE ~:al~~ ~Q~. : az - _ > ~ . , _ , . ~ 1..~;~-~ _