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THIS INDENTURE, Mide ~he 2Ut h_ day of _____h eb r ua r y__ A.D. 19_?
4~, be~wcen
t•'illi~~n H. Hilson and Uaura Nilsoni_his •wife _ ~
o{ St. I.11C1@ ~p~nty florida, herrinaf~er des~~+~~~rd +s ~hc "MORTv~G04," and FIRST fEDERAI SAVIr~GS ANO LOA?d
AS$(~IATION Of FORT PIERtE, a torpo~at+on orpa~ixed and exist~ng undrr the laws of Ihe Un~tcd Statos of Aine?ica •nd hsving it~ principal p!ace of
b~siness in ths City o( Fort Pierce, 5?. lucie Cuunty, Florida, hereinaiter de:ig~zsted as !he "MORTGAGEE:'
WHEREAS the MORTGAGOR is jwtly indabted to the MORTGAGEE in the sum of S-- ~~~600.~ _ 9ood and lawf~l moeiey of the Un;ted
States advanced by the ~~lORTGAGEE uroo ~he MORTGAGOR, as evidan:ed by a certa~~ orcm~~sory rwte of e~en da:a herew~th, of wh:ch the foiiowing in
words and ligures is a t~w topy, to-wit:
z 30, 600 .00 ' No 1002U6 57_
. Fo.r P~~«~. F~~..;d.. February 26 19 74
for value reteivrd, I, we or either of us, promise to pay, without defa!wt~on, to ~he ordrr of FIRSi FEOERAI SAVINGS AND IOAN ASSOCtATION OF
iORT PlERCE at Fw~ Pie~c~, fiorida, the sum o1 5--- ~-i6O0• - w'~th interest from date at ~he ~ate of 8'
9_ 'o per annum, in monthly instal{-
••~ems as ioL'ows: 5---276'~~ on the _ 2Ot~ay of _~Pr11 , _ and a Gke svm on the correspond~ng day of each momh there-
a~~er uNit ~he who:e be fvUy paid.
Each ins~a~lment first shatl be app!ird in paymeN of thr interest ar,J +hen o~ ihe unpa;d balance of the princ pal sum. If defauh is made in the
;.n~m•_nt of any insta~lrnent when dve, and such default co~tinues 30 day3, then at the option of the holder, and without any other no~ice, ail the remain~ng
uralimeMS shall be dur and paya6le at once. Privilege is g~ven to prepay this ~ote in whole or in part a1 aoy hme w+thout penalty. Neither forebearance,
13.80
nor acceptance by the holder thereof aftar any default i~ any payments hereon, shall be dremed ex~ension. A late payment charge of S-- - shall be
addrd to each instailmeM remain~ng unpa~d 7 days after its due date, and a I~ke aum shall be added to each such ins~aUmeN rernaining unpaid 7 days aiter
~.~ch succeeding payme~t Jare.
Each maAer, surety and endo~ser hereof, joinrly and se+erally, vva~ves demand, presentment protest and no~~ce of protest for nonpayment, and further
agrees to any extens~on of iime of pay~r.em, e~rher brfore or afsrr maturity, without not~ce to any of us; and to pay aU costs of collection, includ:ng a
re,sanable atrorney's fee in the evcnt of any defeu:t hereundt?, and hereby seve~aily waives all benefit of homestead and exemption under the const:tution
±,~d laws of each Stare of ~he Unitec! Sfa!e:, ac aga~nst ~hi: obG3atioo or any ex~ens~on or renewat hereof.
Witness the hand and seal of each aar~y.
s f k i 11 i am H. }i i 1 son (SEAI)
($EAl)
(SEAL)
s/ Daura Hilson ~5~~~
45.90 Sta~e Re~enue
t-- )
~~~am~nsd+~ar~t~n~aa~ rct~i 30, 600.00
NO'+~M, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of S and the performance of the
c~.renants arxl agreements hereinaiter expressed, and for divers gx.d and vatuable considerotions, by theu- presersts, dces grant, ~argai~, sell, rem;se,
.elease, convey and confirm unto the MORTGAGEE, its successors and ass;gns, atl that ce~tain lot, piece w parcel of land, situate, lying, and being in the
Couny of St . L tIC 1 e and Srate of Florida, desv+bed +s follows:
ThL l~'est 80 feet of the Ea~t 25?,O feet of the Sauth 135 ~feet of the
~uth 's of the SG', of the NE ; of the SE'; of Section 18, Township 35
~uth, 2anye 40 ;:~~t, St. Lucie County, Floric?a; EKCEF'TI`G TliI:REFRC`M,
~ HC'~±TVE~?, all rights-of-a•ay, if any, for dr~inac~e canals and public
; roads, together with an easer~ent over the North 30 feet of the South
! 165 feet of the :•'est 232 feet of the E~st 257 feet thereof. ?
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~ , STATE '~F FL'~ r{v?:.,i ~ RECEIVED i-~-'J- ~N PRY4IFM OF M~
s ~ . T v~- 5 T is M + p~ G!1 ClJ?~ IMSAN~19lE rE+t~.u~~ ~Ilal~n'
~ = DOCUMcN .AR_ : ; ; NCt3 aF iWL jjyl~
71-134.
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together with aH and singular the tenements, hereditaments and appurtances thereunio belonging w in snywise appertaining thereto, and all renti, issues,
oroceeds and profits accruing and to accrue from saEd premises, all of wh~ch are i~cluded in the above and foregoing desuiption and habendum.
TO HAVE AND TO HOLD the above described a~d ,granted premises unto the said MORTGAGEE, its successors and assigns forever. And ths s~id
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~ htORTGAGOR fw - t hg1-~----_- heirs, executors, administrarors and ass~gns, heeeby covenartts with the s+id MORTGAGEE, its soccessws snd astigns,
- ~hat t he~ a re iaWf„i~Y sei:ed of the said premises in fee simple; that the same are free, clear and discharged from all liens snd enc~m-
- brances in law or in equity, and that thev will and t heir heirs shall warrant and defend the title to the same fo the said
MORTGAGEE, its successor: and assigns, forever against the lawful c+aims a~d demands of stl persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefore described snd shsll truly, promptly
and (uHy perform, discharge, e:ecute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of said
j promissay note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void.
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- IT IS UNDERSTOOp that the vvwd "Nbrtgagor" whether in the s~~g~iar or plural anywhere in this Mortgage, shall be singular if one only a~d
'y shall be plural joiMly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge shall be taken to mean "his," "hers,"
or "its," wherever the context so impfies or admits. Alw, tnat wherever there is a reference in the covenanri and agreements herein co~tained to any of
- the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, i~ccessors and assigns (either voluntary by act oi the ~
parties or invo!untary by operation of ihe law) of the same and that the covenants herein contained shall bind and the benefits and advantages inme
= to the respective heirs, legs) representatives, successors and ass~gns of the part~es hereto.
And said Nbrtgagors, tor themselves and their heirs, legal rep~esentasives, succeswrs and sss~gns, hereby joinHy and severalty covenant and agree
;e~ to and with the aaid MORTGAGEE, its suecessws and assigns:
1. To pay al! and singular the prirxipal and interest and the various and s~ndry sums of money paYabte by virtue of said promiswry note, and this
mortgage, each and every, promptly on the days respecfively the same severally become due.
2. To psy sll a~d singula? the taxes, assessments, levies, lubilities, obligatio~s and encumbrances of eve~y nature and kind now on said described
property, or that heroafter may be imposed, suf(ered, plated, Icvied, or asscssed thereon, w that bereafter msy be fevied or aase?sed upon this Mortg
_ age, or the indebtedness secured hereby, each and every, when due and payable, xcwd~ng lo iaw, before they become drlinquenr, and before any interes~
3 arraches or any penalty is incu~red; AND INSOfAR AS ANY THERFOF IS OF REGORO THE SAME SHAII BE PROMPTLY SATISFIED A~iD DISCHARGEO OF
RECORp AND THE ORIGlNAL OFFICIAL DOCUMENT lSUCH AS, FOR INSTANCE, TNE TAX RECEIPi OR THE SATISFACTION PAPER OffIC1AlLY ENDORSED
OR CERIIFIED) SHAII BE PIACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evem that any thereof is not
pa~d. sat'sfied and discharged sa'd G!ORiGAGEE may at any t~rre pay the snme or any part thr.cof without waiving or affeuing any option, lier, equity w
•~qht u~de~ or by virrue of this morrgage and rhe fuil amount o~ each and every such payment shall be immediately d~e and payabte and shall bear interest
' ~rom the date thereof untit pa~d at ra+e of n~ne pe~ centur+ per annum and together w~th such iot~ast sec~red r}
t n of th:s morgtage.
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