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HomeMy WebLinkAbout1579 25~~ ~Z ~G THIS INDENTURE, Mad~ ti~e 18Lh day of Apl11 A.D. 19 74 bet,nreen Harold wilaott and Josephine F. Wilmott~_ his wifg_ of $t . ~.LiCl@ ~q~n~y Flw;da, here~naftcr des~~ natcd as the "MORTGAGOR;' and FIRST fEUERAI SAVINGS AND IOAN ASSOCIATtON OF FORT PiERCE, • corporaron oryaoized and ex~»ing under ~~~i+~sof th~ U1+ite~ &s~y Pf Ameriu and having iri principal place of business in tM Ciry of Fw~ PiKCe. St. lucie County, Flaid~. hereinaf~er designated ~s ~he "MORTGAGEE."' 7 f 5~ ~ 0O , ood .nd lawtul money of the Un~ted WHEREAS the MORTGAGOR is justly indebted to ~M MORiGAGEE in the sum of : - 9 S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~denced by a cer~a~n promisso~y note oi even da~e he~ewith, of wh:ch the following in wpds and figures is a trw copy. to-wit: ~ 1~02~06 s 7z500.00 ' fwt Pierce, Flwida, Apr 11 18 ~q 74 Fw va;~e ~ece~ved, 1, we w either of us, prom~u to pay, wi~hout defatast~on, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION Of ~CRT PiERCE at fort Pie.ce, Flor~da, the wm of S--?s-~QQ~-~- `^~~~h inrerest from date at the rate of _~~Q_"; per annum, in monthly inntall• -~rnrs as fo.'•ows: S 77•O0 on ~F+e 2flth~Y of ~y ~9-- 74 and a like sum on ti~e correspondirg day of each month there- jfrer until ~he who:e be fufly pa~d. - Each ~nsral~ment i~rst shall be appl~ed in paYment of the intarest and then on the unpaid balance of the prinupal sum. If de(ault is made i~ the ca~rment of any irtsra~iment when dve, and such default com~nves 30 days, then at the opt~on of the holder, and wirhout any other not~ce, alI thr remain~ng ns~alimenrs ahail be d.x and payabte at once. Priv~lege is given to prepay this note in whole or in part at any time without penalty. Neither 4orebearance, nor acceptance by ?he hoide~ thereof after any default in any paymems hereon, shall tx de~med extension. A late paymem charge of s_3'85 shall be rddrd to each ina~a~i+nent ~emain~ng unpa~d 7 days after ih due date, arid a like svm ahall be added to each such instailment remauiing unpaid 7 days after each succerd~ng paYrt:e^~ date. Exh maker, surery and endorser ht~eof, jointly and severally, wa~ve: dernand, presentment protest and notice of protest for nonpayment, and further agrees to sny extens~on of t~me of payment, either before or aiter maturity, without not~ce to any of us; and to pay al~ costs of collect~on, inc!ud:ng a ~easonabk attwney's fee in the even~ of any defau~t hereundrr, and hereby severally waives al1 benefit of homestead and eaemption under the co~uitution a~•d ?aws oi each State of the Vn~ted Starrs, as aga~nst this obGgation a any exfension or renewa! hereof_ Witness the hand and seal of each party_ (SfAI) s Harold Wilmott ~~A~~ (SEAI) s/ Josephine F. Wi lmott ~~i~ ; 511.25 ) Stare Revenue 7 f 500• ~ and the pe?fo~mance of the NOJY, THEREFORE, the MORiGAGOR for the purpose of securing payment of said sum of S - covenann u~d agreeme~+ts he~e~nafter exp~essed, and fw divers good and va~uab!e considerations, by these presents, dces grant, bargain, sel!, rem~se, ,e:ease, convey and confirm unto the MORTGAGEE, its successors and au~gns, aIl that ce~tain lot, piece w parcel of laod, •itunte, lying, end being in the County of SL .~.11C1e and State of F!orida, dexr~bed as follows: South SS feet of Lots 1 and 2, Block 8, according to Plat of Paradise Park Addition, which said Plat was filed October 21, 1947, and recozded in Plat Book f3, pa~ 36, of the public records of St. Lucie County, Flozida ~ i f r ; ~ . STATE ~F FL~r-'~~Ci~ ~ ~ v ~ a OOCUMENIAR`"<<`"- :m..ST~~MF 'i, t ~ ; ~)t VT. i:F uEVEnuf , ~a~'. 2 ~J ~ ~ = vg = :..~SU'T4 ~-~.i~# ~ ' i 4 1~ ~ ~ ~ ~ i - ~ " RECEIY~1) iD1 rAYtilIIT Of Tc'1Y~ ~ Jt:: UH ClAis ti' ihitKC,~BIE PEitS~kRi fF~PCETi. y'.;?:~Ii.~Y; ?:t CI-A.°IFR 71•'3~: Rt;TS ~ ~~:~i - ~ ~ • ~ ~~1 % ~ l~• ~ ~ :i[ r~. ,'ril.'~'. :Jl:~•". . if :r. ' / r; ~ ~ +ogether with all and singuiar 1he tenemtnts, hereditaments and appurtances thereunto belonging or in anywiu appertsining thereto, snd all rents, iuues, procreds and profin atuuing and to accrue from said prem~xs, all of which are included in the above and fwegong description and habendum. ~V TO HAVE AND 10 NOID the above desv~bed and granted premises uMO the said MORTGAGEE, ifs sutcessors snd ass'gns forever. And the sa+d ~ 4~lORTGAGOR fa the 1Z ~~rs, eaecutws, administrators and assigns, hereby covenants with the s~id MORTGAGEE, its svtteasors artd sssigns, rhat - lawfully ~zed of the sa~d premises ~ fee,simplr, that the same are free, de~r and discharged from all lieni snd erxurtr theyare t~Q~/ ~heir ~~~s shall warrant and defend the title to the same to the said f'x brst~ces in !aw or in equity, and that will snd MORTGAGEE, its svccessors and ass~gns, forever against the lawful claims and demands of all persons; - PROVIOED, AIWAYS that if the MORTGAGOR shall psy unlo the MORTGAGEE the promisswy note hereinbefore dexribed and shall truly, promptly - and fully perfwm, d~xharge, eaecute, compkte, comply with and ab~de by each and eve?y the stipulations, agreements, conditions and covenants of w~d ' p•om;:sory note •nd of this Nbrtgage, then this Mwtgage and the Estate hereby created shall cease and be null and void. r:: ' ~ IT IS UNDERSTOpU that the wwd "Matgagor" whether in the singular w plu~al anywhere in this Mbrtgsge, shall be singular if o~e only and ' - shall be plur~l jo~ntty and xverally if more than one, and that the wwd "the~r" as used anywherc in this Mwtgsge shafl be tsken to mean "his;' "hen," = or "its;' wherever the tontext so implies M admits. Also, that wherever there is a reference in the covenants and sgreements herein contained to any of the p~rt;es hercto, the same shall be construed to mesn as well as the helrs, kgal represeMatives, succesaors and assigns (either vo~untary by act of the ~~'x panies a involumsry by operatan of the law) of the same and that the covenants herein contained shall bind and the beoefits snd advantages inure ro rhe respedive he~rs, legal rcpresenutives, successors and asrgns of the parries hereto. pnd said Mptgagors, fw themselves and their heirs, legal representatives, successors and assi9ns, hereby jointly and severally covenant and agree To and with the ssid MORTGAGEE, its succasws ar.d assgns: 1_ To pay all and sirgulu ttx principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this ,r j~, rrwrtgsge, each and every, p~omPtly on the days respectively the same severaliy become due. 2. To pay all and sirgvlar the taxes, sssessments, levies, Iiabilities, obligations and enc~mb?arxes of every nature snd kind now on said deuribed properry, or that hereafter may be imposed, suffered, placed, levied, or astesxd thereo~, w thst he?eafter may be levied w assessed ~pon this Mortg- ~ge, p the indebtedncss secv.ed F+ereby, each and every, when dve +nd p+Yable, according to Iaw, befwe they become de~inqveM, snd before any i~terest atraches o~ any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORO TNE SAME SHAIL BE PROMPiLY SNTISFIED AND QISCHARGED OF RfCORD AND THE ORIGIKAL OFFICIAL DOCUMENT (SUCH A5, FOR INS7ANCE, THE TAX RECEIPT OR THE SAIISFACTION PAPER OFFICIALIY ENDORSED w; OR CERTIFIED) SHAII 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITHtN TEN DAYS NFXT AfTER PAYMENT; and in the event thal any thereo is not - pa~d, sat sfied and dixharged sa d IAORTGAGEE msy at any time pay the same or any part thereof without waiving or a/fecting any option, lien, equ~ty or •~~ht ~nder a by virtur of this mo~tgage and the fvll amount of each and every such payment shalt be immediately due and payable and shall besr interest ~.om rhe date thereof until paid a+ rate of n~ne per cenr~m per annu a t th r w~rh such interest shafl be secu~ed by the lien of th's morg~age. ~ ~:r~; aoo ~~~15'i8 _ - - - _