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Home My WebLink About0404 F,r I J~c.i.la3 THIS INDENTURF, Meda the 1$th day o( F'ehruary A.D. 19rya~ between Howard M'ilcher and Hattie k~ilcher. his wife _ ~ of $t . Lucie County ftorida, here~natre~ des~gnarrd ss the "MORTGAGOR," and fIRST FEDERAI SAVINGS AND IQAN A$$p~IATION OP FORT PIERCE, • corporaHon wqani:cd and ex~siing unde~ the laws of the Unltcd Sta~os of Ame?iu and havinfl its p~incipal placa of business in 1F?s Ciry of Fo~t Pieres, St. Lucie Counry, Florida, he~einafter desiynated ai ti+e "MORTGAGEE:' • WHEREAS the MORTGAGOR is ~u~tly indtbted to the MORiGAGfE in the sum of S 1O good and lawful money of the Un:ted S~ates advanced by the MORTGAGEE unto the MORiGAGOR, as ev~dznced by a ceria~n promissory no~e of even dare herewith, of wh~ch ~he ioibwir~ in •+~ords and fiqwes is a true copy, to-wit: s10,000.00 No 10020641 ; Foit Pieres, Flwida, F~bruary 15 ~y 74 Fw value received, 1, we or eithe~ of us, prom;se to pay, wirhout defatcat~on, to the order of FIRST FEDERAL SAVINGS ANU IOAN A$$OCIATION OF FpRT PiFRCE a! Fort p;eice, Ho~ida, the sum of ;_~OL0O0• 0O ,nrith interest from date at 1he rate of 8• 9'a per annum, in momh!y install- ~~~ents as fo:!ows: 5127 • O0 on the 2Oth day of ~YC~1 ~q_74 and a like sum on the correspond~ny day of each mon;h there- afrer until the vahote be fully paid. Each installment firai shall be appl~ed in peyment of th@ interest and Yhen on the unpa7d balance of rhe p~inupal sum. If default is ~nada in the ; a~~nent of any instaflment w~en due, a:id such d_fault con~~nues 30 days, then at the option of the holder, and w~thaut any other notice, all the remaining ~~+srallments shail be due and payab!e at once. Privilege is ~iven to prepay this note in whole or in part at a~y time without pertalty. Neither forebearance, nor acceptance by the hotder thereof afte~ any defaull in any paymenta hereon, shalf be deemed extension. A ta~e payment charge oi S 6• 3S shafl be ~d•~ed to each instaltment rrmaining unpa;d 7 days after its due date, and a iike sum shall be added to each such installment remaining unpaid 7 days~after r~ch wcceed7ng payment dare. ~ Each maker, wrety and endorse~ hereof, joi~tly a~d severally, wa~ves de~nand, present~nenl protest and not~ce of protest for nonpayment, and furlher agreea to any extension of tirr.e of payment, either belo~e or after maturity, wiihout not;ce to any of us; and to pay all costs of collection, inctud:ng a re+sonabl~ atturney's tee in the even! of any defau~s he~eunder, and hereby severally waives ali benefit of homestead and exemption under the constitution r.d laws of each Siatc of the United States, as against this ob~lgarion w any exrension o~ re~ewal hereof. - Witness the hand a~d seal of each party. S/ Howard Wilcher (SEAL) (SEAL) ~tLle Wilcher (SEAL) S 1 S, OO t5El4l) ) State Revenve 4~~~isa~wtA~1~ ~qk ~tfR) NO'JV, THEREFORE; the MORTGAGOR for the purpox of securing payment of sa~d sum of s 10~~~~.~~ and the perfwmance of tha cove~aMt and agreements hereinafter expressed, and for divers gaod and valuable cons~derations, by these presents, dces grant, bargain, sell, rem~se, r.~lease, tonvey and tonfiim unto the MORTGAGEE, its succassors and assigns, a!1 that certain lot, piece or partel of (and, aituate, lying, and being in the County of St . L11Cle and State of Fbrida, described as tollows: Lot 10, WOODLAWN TERRACE, as per plat thereof on file in Plat Book 9, page 49, of the public records of St. Lucie County, Florida, S ~ A T E 'Z ~ ' _ . . G~ ~ m Q~VMENS ~F ~j R~~ DOCUMENTlaR _FL._.~r~ ~ E?v~ ~ ~Mt+~1e~E Jf lall. _ v~ . ST~iM,t~ - ~ ' E)~; ' :t~ i?f VEtiUf i:~ • ~ ~ REC C~ ~C ~ ~o~ : ` N _ . _ 't~~is.°t,~ ~ ZO CtiA~~ ~ 40~1 R'~`~ (70 F~'11' ~ _ YB. .cuc~~71~ + ~ ~ ~J. ~ 0 i ~ ~1T ~~Rj' S~ ~ - ~ - .L ° j G? ~.1~ / t~ !L'~ " ~ rogether with all and singular the tenement~, hereditaments and appurtancea thereunto belonginq or irt anywix appertaining fF~ereto, and all renh, issues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fwegoing dewiption and halxndum. TO HAVE ANQ TO HOLD the above described a~d granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said • their ' MORTGAGOR for hein, executors, administrators and assigns, hereby covenanta with the said MORTGAGEE, its successors and sssiynt, that -Y---- the are !811{ully sei:ed of the said prcm~ses in fee simple; t:~at the same +re free, clear ~nd dixharged from alt iiens and encurtr brances in law or in equity, and that t he y W~~~ a~ t he i z heirs shall warrant and de~cnd the title to the :ame to the aaid MORiGAGEE, its successors and a:s~gns, faever aga;nst the lawful claims and demands of all perso~s; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto tfie MORTGAGEE the promissory note hereirtbefore dewibed and shsll truly, promptly and fully perform, dixharge, execute, complete, tomply with and abide b~ each and every the stipulations, agreements, conditia?s and tovenants of said prom~uory note and of this Mortgage, then this Atortgage and tne Estare hereby created shall cease and be null and void. IT IS UNDERSTOOD that the word "Morrgagor" whether in the singular or plural anywhere in this Mwtgage, shall be si~gular if one only and shall be ptural jointly and severally if more than one, and that the word "their" as used anywhere in this (illortgage shall be faken to mean "his," "hen;' or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in the covensMS and sgreements herein contained to a~y of rhe parties hereto, the ssme shall be construed to mean as wel{ ai the heirs, legal representatives, successws and assigns (either voluntary by act of the parties or involuntary by operation of the law) of tFie same and that the covenants herein coMained shall bind and the benefits and advantages inure to tFu ~espect~ve heirs, legal ?ep~esentatives, successors and ass~gns of the parties hereto. A~d said Mortgsyors, for themselves and their heirs, legal represenratives, successws and assigns, hereby jointly and uverally covensnt and agree ~o and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and inte[est and the various and sundry sums of money payabte by virrue oF said promissory note, and thi~ mortgage, each and every, promprly on the dsys respectively the same severally become due. 2. To pay sIl and singular the taxes, assessments, levies, liabitities, obligations and encumbn~ces of every nature and kind now on iaid desvibed property, o~ that hereafter msy be imposed, suffered, placed, levied, or auessed thereon, a that hereaHer may be levied ar a:sessed upon this Mort¢ age, w the ir~debtedness secured hereby, each and every, when due and payable, accwding to law, before they become delinquent, and before sny interest atraches a any penalty is incurred; AND INSOFAR A$ ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPiIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGttvAl OFfIC1Al DOCUMENT (SUCH A5, fOR t1YSTANCE, TNE 7AX RfCE1PT OR THE S,4TISFACTlON PA?ER OfFIC1A~lY ENDORSED OR CERTff1ED) SHAII BE VIACED IN THE HANDS Of SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, sat'sfied and dixharged sa d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equity or ~~qht under or by virtue of this morrgage anc! rhe f~N amount o! each and every such payment shall be immediately due and payable and shall bear interest ~~om ~he date thereof until paid at rate of n~~e pe+ centum per ann~m and together w~th spc}i jw(qr~~shall be sec r t~ the lien of th:• morgtage. ~ t (..?(r PAu~ ~~e2 _ ~ ~ - ~o - ~ . : - _ _ , - ~ . „ „ >