HomeMy WebLinkAbout1551 ~ ~ 2'7th March A.D. 1974 ~tW~ ~
• THIS INDENTURE, Mad~ ~fis day of -
. .
G. B. Walters and Alliece Walters his wife
of t• uC @ Counry Fbrid+. ~~~fiN dsig~ated ~s 1M "MORTGAGOR;' ant! FIRST fEDERAI SAVINGS ANO IOAN i
ASSOCIATION OF FORT PIERCE, • corpa~tion o~p~nized ~nd ~xiitinp under tM lawf o} tM U~it~d Slat~~ of Arnetka u~d Mv'u~p i1s p~incipal plac~ ot
buw~ess in the Ciy of Forl PiHC~. St. luti~ County, Flot{d~. her~inaftt~ de~i~nated ai IM "MORTGAGEE."
WHEREAS tM MORTGAGOR h jw11y indebt~d ro th~ MORTGAGEE in the sum of S 14.a~• ~ ~ood ~nd lawfvl mor?ey of Ihe U~~ted
States adv~nced by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a ce?uin Prom~uaY ~~~e of even date herswith, of wh~ch the (ollowinp in
wo~ds ~nd tigurei is + trw copy, to-wit: 10020745 i
~-14'8~'~ March 2~
Fort Pierc~. Florida. 19
fa v:lue received, 1, we or either of us, promise to pay, without defalca~ion, ?o the orde~ of FIRST fEUERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Forf Pierce, Florids, the tum of S 14' 8~' with interest irom date at the rate oi 8• 7~ pN ^~^~h~Y ~~tall-
ments as follows: S 131 `~0 on the 20th d+y of July ,~q 74 and a like sum on the cwrespond~ng day of each month the~r
aftsr until the whole be fully paid•
E~ch installment first shall be sppliad in payment of the interest and then on the unpaid balance oi the prindpal i~m. If defauh is made tn the
payment of any installment when due, and such default continues 30 days, then at 1F~e option of the holder, and without any other ~otcce, all 1he remaining
~nstallmeNS shall be due and payable at once. P~ivifege is given to prepay this note in whole ot in p~~t at any time without penalty Neither forsbearante,
nor accepta~ce by the holder the~eof after any default i~ ~ny payments hereon, shall be deemed extenseon. A late payment charge of S 6.55 _~,a~~ ~
added to each i~stallment remaining unpa~d 7 days aiter its due data, snd a like sum shall be added to each such instsllment ~emaining uoAa~d 7 d+Ys ~fter
each succeeding payment date.
Each maker, surety and endwse? hereof, jointly and severalty, waives demand, presentment protest and notice of p~ote~t iw ~onpayment, and further
agrees to any extension of time of payment, either before w after maturity, without notice 1o any of us; and to pay all costs of collec~ion, including a
reaionable attorney's fee in the event of any detauft here~nder, and hereby severally waives all benefit of homestead and exemption under 1he tautitut'an
and laws of each State of the United Statcs, as against this obligation w an~ extension or renewal hereof.
Witness tFx F~and and seal of each party.
(SEAu
s G. B. Walters
~?u
s lece a ters ~,U
( ~22•2~ ) State Revenw
(e~w"p"'"'~Ikr ~"'~iyi`wF-ne+e~ 14 800. 00
NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of sa~d sum of i • and the pe~formance of ths
covenants ~nd agreements hereinafter expressed, and fa divers good and vafuable cansiderationa, by these presenri, does grant, barysin, sell, remise,
release, convey and confirm unto the MORTuAGEE, iri uxceuo~s and assigns, all that certain lot, pieu or psrcel of ~and, situate, lying, and being in fhe
County of St. Lucie ~nd State of Fbrida, desvibed ~s iollows:
:.ot 18, Block 2, PARADISfi PARK ADDI?ION, accozding to the plat thereof on file in
Plat Book 8, at Page 36, Public Records of St. Lucie County, Florida.,
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R`~~E~'ED S_-~ ~s~~ IN PhY6AcM CF TJ,Y.L-5
~ Dik" Otl CtASS 'C' INTAtiGIBiE PfRS~NAL pRGPEfi;2,
PU'tSUAr~i 70 CHAPTER 71-134, A;TS GF 19:1.
RG6EP. POITF~AS /~1~~
~ G.ERK CIRCUf i COUFcT, S1. LUC~ Op,
together with all and singulu the te~ements, heredifameMS and app~rrta~ces thereunto belonging or in anywise +ppe~tafning thereto• a^d r~MS, issws,
proceeds snd profits xvuing and ro accrve from ssid premises, all of which are included i~ the above and foregoi~y destriptan ~~d Mbe^d~'^•
TO HAVE AND T HO~D the above desuibed a~d grsnted premises unto the said NWRTGAGEE, ib sucteswa snd ~upns forever. Mwl tM s~id
~heir
MORTGA R fw heirs, executws, administrators and auigns, herebY covenenn wi~h ihe said MORTGAGEE, its s~?ccessor~ aod ~stipm.
rhat ~ey a e- Iswfully seized of, the said premises in fce simple: that the s~me are free, clear ~nd dischat~ed hom sll liero ~nd enc~en-
brances in law w in equity, and that they W~~~ ~ their ~~n shsll wsrrant u~d defend the title to the same to th~ s+id
MORTGAGEE, its successors and auigns, forever egainst the lawful clsims and demands of sll perwro;
PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiswry note hereinbefae destribed and si++~l truly, promptly
a~d fvlly perform, dixharge, execute, tompkte, comply with and abide by each and every the stipulations, agrtemenri, condi~ions ~nd covenann of said
promissory rate snd o~ this N4ortgage, then this Mortgsge snd the Estate hereby veated shsll uaie snd b~ null ~nd "void•
<,a
`j•T IT IS UNDERSTOOD thst tFx word "Mortysgw" whether io the singular a plural anywhere in this Mortg~ge, shall be singvlar if one only
~ shall be plural jointty snd severally if more than one, snd that the word '9 heir" ss used +nywhere in this Mortyape shall be taken to mean "his; •••hen; •
~ or "its;' wherever the conte~ct so implies w admits. Also, that wherever there is s roference in the cover?~nts and sgreemenri herein contained to any of
~ the pahies hereto, the same shall be construed to mesn ss welt as the hein, legal represematives, wcceuors and suigns (either voluntsry by ~cf of th~~
parties w involuMSry by operaYan of the law) of the same and that the cove~aMS herein cw+fained shall bind and the benefiq and ~dvantayes fnurbl~
_ ~t
to the respeclive hein, kgal representatives, tuccessars and au'gns of tF~e parties hereto.
And said N4ortgsgon, fa themselves and tF~eir heirs, legsl represeMStives, iuccessors and auigns, hereby joimly and severally covenant and apree
ro and with the said MORTGAGEE, its successon a~d assigns:
1. To p+y sll s~d sinQul~r the principal snd interest snd 1he various and sundry sums of moneY psYable by virtue of said promissory nWe, and this
_ mwtgsge, esch snd every, p~omPtly on the d~ys respedively the ssme severally become due.
2. To pay all and singulsr tlw taxes, assessmenn, levies, liabilities, oblig+tions a~d encumbrances of every nature snd kind now on s~id described ~
~
~ Property, or that hereafter may be imposed, iuffered. Placed, levied, ot auessed thereon, or thst fxreafter m~y be levied w assessed upon fhis Morf¢ ~
age, a the indebtedneu secvred he~eby, each and every, when dve and payable, saordinp to law, befwe they become deli~quent, and befon any lntmat
~ anaches or any penslty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFIC~AL DOCUMENi (SUCH A5, FOR tNSTANCf, TME TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENOORSED
- OR CERTIFIED) SHAIt BE PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /IfTER PAYMENT; and in the event thst any thereof is not
paid, sat'sfied and discharged sa:d MORTGAGEE msy st any time psy the same or any part the?eof without wsiving or sffectirg any optia~, lien, equity o~
.iqht under or by virtue of this mortgage and the full amount of each snd every iuch payment shsll be immediately dve and payabk and shall bear interest
~rom the dste thereof until psid at rate of nine per centum per annum and toyether with ssxh interest shall be sccured by the lien of th:s mor9taye.
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