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Home My WebLink About0719 _ . _ 2'73451 - . ~ . - THIS INDENTURE. Made tPi~i..~ a2nd day of _ .1d1'1Ua~l - _ A.D. 19_Z4.~ between _ G. B. Walters and Alliece Walter~, his wif_g._ ' of SL. Lucie County Flwlda, hereinafter des~ynated as •he "MORTGAGOR," and F~RST fEDERAI SAVItJGS AND LOAN ASSOCIATION Of FORT PIERCE. + corporation or9ani:ed and exist~ng under ~he lawi of rM United Statas of Amuica and having its p~i~ecipal place of business 1n tM Ciry oi Fort Pisrce, St. lucie County, florida, he~einafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is jus~ly indebted to 1he MORTGAGEE in the sum of Z 2O i BOO. 0~ , good and Iawful money of the Un~ted States advanced by ~he MORTGAGEE unto the MORfGAGOR, as evida~~ced .by a certain promiasory note of even date herewith, of wh~ch the ioilowing in words and figures is a true copy, to-wit: s20,800.00 ~ 10020608 ' Fort Pierce, Floride, Januarv 22 191~ Fw value rece~~ed, 1, we or ei~her of ~s, prom~se to pay, without defatcaf~on, ro the order of FIRST FEDERAI SAVIIvGS AND IOAN ASSOCIAT10~1 OF FORT PIERCE at fort Pierce, Florida, the sum of S2Os8~0• 0O w;th interest from date at the rate of 9• 2~o per annum, in monthly ins~all- ~~~ents as follows: 5191 _ on the 20th day of~rCh 19 7~.- and a like sum on Ihe correspond~ng day of each month there- after uroil the whole be f~lty pa~d. Each instatlment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If defau~t is made in the ~:ayment of any installment when due, and such defauit continues 30 days, then at the option of the holder, and without any other not~ce, all the remain~ng lnsral~ments shall be due and payab~e at once. Privilege is given to prepay this note in whole or iq parl at a~y time without penalty. Ne~ther forebearante, nor acceptance by the holder thereof aftrr any default in any payments hereon, shall be deemed extens~o~. A tate payment charge of ~ 9• 5S shall be added to each installment remaining unpa~d 7 days after ita due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment datr. ~ Each maker, surety and endurse~ hereof, jointly and severally, waives de:nand, presentment protest and notice of protest for nonpayment, and furthe~ agiees to any extension of t~me of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of coliectien, indud~ng a ~casonable attwney's fee in the event of any defau~t he~eunder, and hereby severally waives alt benefit of homeitead and exemptio~ unde~ the constitution and laws of each State of the United States, as against this obligation or any eatens~on o~ renewal hereof. Witness ~he hand and seai of each party. S/ G. B. Walters ~senu . • (SfAt) ~ ~ - ~ ~ s~ Alliece Walters (SEAI) csEnu ~ $31 .20 ~ State Revenue , ~w~~~~~~~~ 20 800 00 NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securing payment of said swre of S ~ • and the performance of the covenanls and agreements hereinafter expreued, and fw d~vers good and vsluable tonsiderations, by theu presents, dces grant, bargain, sell, rem~se, re~eas~, convey and conf~r.-n unto the MORTGAGEE, its succeswrs and assigns, all that certain iot, piece or parcel of land, situate, lying, and being in the County of St . L.I~C 1Q and State of Fbr~da, dex?ibed a~ follovin: Lot 30, MORGAN SUBDIVISION, and the South ~ of vacated alley adjoining North boundary line of said Lot 30, as per plat thereof on file in Plat Book 7 page 35, of the public zecords of St. Lucie County, Florida, i ~ . . i ~ N STATE FL~RICD.^~ ~ ` oZ ~ OOCVMEhTARY ~-~:.~_STtiM p ? a ~ ' c" N Uf?T_sf REVENUf ~i, ' i ~ N ~ ~ .,.1.12.~~4 ~ ~ F" Y L O ~ ~ O _ ~Qa,^ ; ' ~ _ ~t ' ~ ~ . 1t1 PAYt+I~ Of 7AX~ ~ RECEt~ED Z"~, ~~=~~IBIE PERSON~L PROPER~~ ~ PURS111WT ZO CMi~lER 71-13~1. ACSS OF 197a.~,1 ~ ~,RK CIRCIIR ~~ST. I~IE ~ ~ ~ ~ < s ~ together. with sll and singu~ar the tenementt, F~ereditaments and appurtances thereunto belonging w in anywise appertaining thereto, and all rtnts, issues, ' proceeds aod profib accruing and to accrue from said p?emises, all of which are included in the above and foregoing desuipteon and habendvm. .i ~ TO HAVE AND TO HOtD the above desa~bed and granted premises unto ehe said MORTGAGEE, its successws and assigns forever. And the s~id t he i~__ MORTGAGOR for heirs, executors, sdministretors and assig~s, Fxreby covenants with the ssid MORTGAGEf, iti successors and aui9ns, y rhat -theY are lawfulty seized of the said premises in fee simple; that the ssme are free, clear and diuharged from all liens and encum- 3 - brances in law or in equEty, and that t~3L will and theli heirs sF~all warrant and defend the title to the same to the aaid MORTGAGEE, its successors and auigns, forever against the iawful claims and demands of all persons; PROVIDED, AIWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry ~ote hereinbefore dex~ibed and shall truly, promptly ;3 and fully perfwm, d;xharga execute, compkte, comply with and ab~de by each and every the stipulations, agreements, condifions and covenants of iaid promissary note and of this Mo?tgage, then this Mortgage and the Estate hereby ueated sF~sll cease and be null and void. - li IS UNDERSTOOD thst the word "Mortgaga" whether in the singular w plural anywhere in ti~is Nbrtgsge, ihall be singular if one onty end ~ shall be plural jointly a~d severally if more than one, and that the word "their" as used anywhere i~ fhis Morlgage shaU be taken to mean "his," "heri" or "its," wF~ereve~ the context so impliei or admits. Also, that whe?ever there is a reference in the covenants and agreements herein contained to any of rhe parties hereto, the same shall be constroed ro mean ss well as the heirs, ~eg~l representstives, successors and assgns (either voluntary by ad of the ~ ~ parties or involuntary by operation of the law) of the same and that the covenants herein comained shall bind •nd the benefits and sdvantages inure ro the respective heirs, legal representatives, successors and ais'gns of the parfies hereto. _ And said Mortgsgors, for themselves and their heirs, legal representatives, successors and sssignt, hereby jointly artd seve?ally covenant and agree ~ to and with the wid MORTGAGEE, its successors and assigns: ' W 1. To psy all and singulsr tFx principal and interest and ~he various and sundry sums of money payable by virtue of said promissory note, and this mwtgsge, each and every, promptly on the days respectively the same xver+lly become due. >-~t 2. To pay +It snd iingular the taxes, asussments, leviei, liabilities, obligations and encumb~ances of every nawre ~nd kind now on said described ~ ~ property, or thst heresfter may be impwed, wfiaed, placed, levied, or suessed thereon, a that F~ereafter may be lev~ed w asseued upon this Morty-'~.~s - age, w~he indebtedness secured Mereby, lKlf lvNY, when due and payable, xco~ding to I~w, before tF~ey become del~nquent, and before sny interes~ ~ atrathes a any penalty is incurred; ANO INSOFAR AS ANY THEREOf IS OF REGORO iHE SAME SHALL BE PROMPTLY SATISFIEO AND DISCHARGEU OF ~ RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIAItY ENOORSED °~p OR CERTIFIED) SHAlL BE PIACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt ~m paid, saYSfied arxf discharged sa:d 1AORTGAGEE mey at any t~me pay the same w any part the~eof without waiving w affecting any option, lien, equity or ' _ •bGht under or by virtue of this mortgage and the f~ll amount of each and every such payment shall be immed'eately due and payable and shall bear interest- - ~.om the date thereof until paid at rote of nme pei centum per annum and together w~th s~ch interest sha~l be secured by the lien of th:i morytage.