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HomeMy WebLinkAbout2470 261980 ~ THIS INOENTURE, 1N~d~ th~ 2O~h day pf au(JUSt ` A.O. 19 73 , b~rr,r~a? ' • ' t Robert W. t~eatherforQ and Nellie Weatherford ris wife of St• LU~@ ~~~y Fbrida, Mr~inaflK dtipn+ted as th~ "MORTGAGOR," ~nd FiRST FEOERAI~SAVINGS AND tOAN IlS50CfATfON df FOR1 PIERCF, a corpwat:on pp~nised ~nd ~xis~inp unde~ tM I~wt of t1» Unit~d StHq of Art~ica ~nd havinD iM princlpal pl~c~ of buuMSS tn ~M Ciy of Pbr1 Pikcs. S1. l~ci~ County. Florida, Mrain~ftK dtsipnated as tM "MORiGAGEE." WHEREAS tM MORTGAGOR is jwtly ind~bt~d ~o tM MORTGAGEE in tM sum of ~18 ~ 2OO' OO , yood ~nd Iaw(ul monay of the Unifed States advanced by the MORTGAGEf u~to tha MORTGAGOR, as evidsnced by s certain promissary note of eve~ date herewith, of wh~ch tM followinp i~ words ~nd figu~s~ if a uw copy, towit: : 18 , 200. 00 10020346 No Fo.t Ps..c•. Ro.~d.. AuguSt 20 19 73 fw vaive receivcd, 1, we w either of us, promise to pay, without defatcation, ?o the order of FIRST FEDERAt SAVlMGS AND IOAN ASSOCIATION OF fORT PIERCE at Fat Pierce, Florida, the sum of 18 ~ 2~~~ ~ w+th inte~til (aom dats at the rate of 8~ 99f, per ~nnum, i~ moroh!y inst~ll- ments as fottows: = 164 ~~O ~ f~Oth ~y of October ~q 73 ~ i;ke sum on the cwrespond~r?p day of exfi mo.?th t}iere- sfter unlil the whoJe be fully paid. Each installrrKnt firsl ahell be applied in payment of the interest and then on ths unpaid bat~nce of the principal wm, If default is mscle in ths paymeM of any instatlmenl w?~en dve, and such default continue~ 3b day~, then at the opfio~ of ths holder, and without ~ny other ~otice, a!1 t}+e ren~aini~+p installmenti shall be due and payable at once. Privilege is 9iven to prepay ihis note in whol~ or in p~A at any time without penalty. Neither forebear~, no~ accept~nce by the holder thereof after any default in ~ny payments hereon, shsll be dcemed exteniion. A late p~yment charge of =8~20 , shall 6e added to each i~stallment remaining unpaid 7 days aiter its due dafs, and a like sum shall be added b euh such installment remaining unpaid 7 days afte? each succeeding payment date. ' Each make~, surety and endo.scr hereof, joi~Hy and severally, w~ives tkmand, p~exntmmt profest and notice of protest fw ~wnpayment, and furthsr agrees to ~ny extension of time of payment, eithe? before w aftsr maturity, without rptice to any of us; and to pay all tosts of mllecfior+, includ;n~ • reasonable attorney i fes in the event of sny default F~ereunder, and hereby severolly waives all benefit of homestead a~d exempfion under the constitution and lav~n of each State o( tha United States, as against this obligatio~ or any extension a ~enewal hereof. Witness the ha~d and ua1 of e~ch party. (SEIUJ s/4tobert weatherford ~ s/Nellie Weatherford ~ ( $ 27' ~ J State Reven~ ~U - (Sta.~•wet~ibd~ ~+r ~iw~l~te) NOW, THEREFORE, the MORiGAGOR for the purpose of sec~ring payment of said sum of =iS~2OO~~ ~,{a~~ of ths covenants ~nd ayreements hereinafter expresscd, and for divers good and wlwble conaidcr~tions, by these preser+ts, does 9raM, baryair~, selt, remise, release, convey and confirm unto ths MORTGAGEE, its successon ~nd auigns, ap that cenain lot, piets or parcel of land, tituaN, lyin~, ~td beieg in th~ Counry of St. LLiC1e ~nd Sute of F{orid~, de~cribed as followa: Lots 2, 2, and 3 and the West 2S feet of Lot 4, LESS the West ll feet af :.ots 1, 2 and 3 for road right-of_way, all in Block C of CLRZCH SU3DIVISION, as per plat thereof on file in PI~± 3ook 5, at pa~e 64 ~f the PezbZic Recorc~s of St. :,ucie County, Florida, S ATE oF F~ORIDA ~ ox DOCUMENZARY STAMP tA Y y~ `O DEP~. OF qE~rEN~E I RECEIIIED IN P!IYMFNT OF Tll~ ~ ~ - ' + qE ON CIASS 'C INTANC181E ?E•: r~..21 P'APERi~ K~ _.:~;,2r» ' = Z 7. 3 0 ~ ~+?~twtr zo au~Q n-i~. ~crs oF i9~L / ' - - e~ - : ~ ~ o ~~+oz . ppGER POITRAS ~ i ~f dRC~T OOU~i, ST, i~ .OOt~ ~Ul f ~ ~ ~ ~ : ~ I - j together w~th all and singula~ the tenements, heredit~menb and appunances thereu~to bclonginy or in anywi~e appertaininp Nrcreto. ~nd ~ti renri, issves, ~ orxeeds and profin accrviny and to accrue from iaid pemi~es, sll of whid~ irs included in the abov~ and foreqoiny dewiptio~ and hsbend~xn. ~ i0 HAVE AMD TO HOjD the sbove described ~nd yranted premises unto the said MpRTGAGEE, its wocessors and ~ssipns fwew~. Md th~ s~id the~x ~ MORTGAGOR fw - heirs, exetvton, administrstors snd auiyen, hereby tovensnh with tF+~ s~id MORTGAGEE, its s~xcessors and as~iyna, ~ that theV are - Iswfully seized of the ssid premises in fee simple; tMt the s+me ~re free, clear snd disch~r~ad from all lieas snd e~cw~r brances in law w in equity, ard that they w~~~ their liein shall wurant and defend the titk ~o tF?e s~?k to th~ s~id MORTGAGEE, iti successws and auigns, forever ~g~inst the lawtul clairta snd demandt of aN penorq; - = PROVIDED, ALWAYS that if the MORTGAGOR :hal1 pay unto tl+e MORTGAGEE !M prom;ssory note haeinbefore described u~d sh~ll truly, prwnp~tl~r and fully perfam, dixh~rge, execute, compkte, tomply with snd sbide by e+ch snd every the atipulatioru, apreemenn, condit'aos snd aovaMnls of said p promissory note snd of thi~ Mortgage, then this Matyspe and the Estate hereby ve~ted sMll ceas~ and be nvll and wd, ~ IT IS UNdERSTOOD that tl+e wwd "Mwtgsgor" whether in tM singular w plwsl ~nywher~ in this Mwfpaps, shal) be sinpular if or~t o~?ly and ° :hail be plurel jointly end severally if mwe than one, snd that the word "theiY' ss used anywhere in tF~is Mo~tysy~ shall bs faken ro m~~n •'his,•• •'F~ers,•• ; w"i»," wherever tl,e conte:t so implies w admits. Alao, that wheireva there is a reference io rM covenann and ap.~emenis herein ewsained ro any of rhe panies he~eto, the sa~ne shall be construed ro mean as well as the hein, 1e9s1 npresentatives, svccessors and assipro (citF+er vdu~ury by act of th~ ' oartits w i~vdunt~ry by operation of the law) of tF~e s~me and that the covenann herein contained sMll bind u~d tM lx~efin ~nd dvant~pes irwre I ro the respeclive heirs, legai representatires, wccessors aad ast~q~s of the parties hereto. = And i~id Mort9apw~, for themselves and tl~eir hein, legal representatives, successors and ~uiyns, hereby joinNy aod uve~ally covenant ard prea ~ to ~nd with ihe wid MORTGAGEE, its succetsas and +uigos: { 1. To pay atl ~nd sinpular the principal snd infaest and the vsriovs and wndry wms of money p~YSbl~ by virtw of said promiswry not~, u~d this mortgaye, eacl~ ~nd every, promptly o~ the days rapectively tMe sams ieveralfy beco~n~ dw. ? 2. To pay ~11 ard sinQular the taxe~, auessments, kv;es, liabilitiea, obl'gstiau and encvmb~~nces of ~very nat~~e ~nd {dnd now on said dew~ ± P~~~Y, a that here~ha may be impwed, suffered, pl~ced, kvied, or assessed thereon, or thst here+fter may b~ Ievied a weaed ~pw~ this 1Ylorf~. F a9e, or t}ie indebtedness secured hereby, each and ~very, when d~e ~nd payable, accwding ro law, befort they becae~ dtli~quent, and b~lw~ anp im~rest t attaches w sny penalty is incu~red; AND INSOfAR AS ANY THEREGf IS Of RKOR~ iHE SAME SHAII dE PROMPTIY SATISFIEO AND ~ISCHARGfD OF ~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfI1CTfON PAPfR OFfIC1ALLY ENOORSED 3 OR CfRiIFIfD) SHAII BE PtACfD IN THE HANDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; ~rx! in the event tMt any thereof is nw - paid, sat'afied a~d d~xherged sa:d MORTGAGEE may ~t any time p~y the same w any part thereof without w~iving oi affectinp any optio~, lie~, eqvity p ~ •~qht under a by virtue of this mortgage and the f~lt smo~nt of euh snd every such paymenf shall be immediatcly due and payabk sod shall bsar interpt ~ ~•om the date thereof unfil paid ~t rate of nine per centum per annum ~nd to9ether w~th ~uch interett sh~ll t~ ~cus,td~b~ lien of th:• rtwr~tspe. ~ 800K ~ PAGf ~ ; - . . . _ - ~