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HomeMy WebLinkAbout1323 ~ • ; ~ . . , , . f THIS INDENTURE. Mad~ th• 6t h ~y of ~y ~ A.D. 19 ~a . b~tvw~n G. B. Waltexs and Alliece Walters his wife ~ of $t• ~Ci@ Camty F{orida, her~~~~~a d~s~9~ated +s tM "MORTGAGOR;' u+d FiRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, a corpaation orya~is~d ~nd existinp ~~h. I+M 4ntM~V~~~ ~+~~s of Mwrica ~nd Mvinp Iri prinapa~ Pl~u °f busin~s~ in tM Ciry of Fw1 PiKC~. St. lucit Co~nty. Florid+, hfr~i~aft nat+d a~ tM ~~~i~i~ E~ • WHEREAS the MORTGAGOR is jwtlY ind~bt~d 10 ~M MORTGAGEE tn the sum of : ~ Z - yood snd I+wfui mon~Y of ti+~ United Srarei advanced by tM MORTGAGEE urto the MORTGAGOR, as evidenced by ~ ce~~ain promiuory not~ of even dst~ Mrewilh, of which tM fdlowinp In •~.o~ds ~nd f~yures is a trw copy, ~o-w~t: ~ 10020859 ~ 7 , 200. 00 . ~ - , ~ ~ 74 Fwt Pi~c~. Florida. ~'y 6 19 fw value received. 1, we or either of us, p~omise to PaY. W~~houf defalcation. to the order of FIRST FEUERAL SAViNGr~S Ai~iD LOAN ASStTC1ATlQ.'d Qf ~ ~ORT PIERCE ar Fort P~erce, Fbrida. the svm of 7~20~•~~ W;~h i~~Qrest (rom date st the r+te of 9'~~Xa p~ a~~• io monthly inffall- ~ ~._~is as foltows: S 69 on the ?~h day of _ June ~q 74 snd a like sum on the cwre~paKl~np d+y of eath ma+th then- a~~er until the whole be fulty paid. Eath instatlme~t first shall bs applied in paYment of the interest and then on the unpaid balance of the principal sum. If default is msd~ in 1h~ F.~y~nent of any installm~nt wF?eo due, and such default continves 30 days, then ~t the option of tF+e holder, snd withou? any other r?otice, all tF+e remaini?g ~~,srallments shall be due a~d payable ~t axe. Privilege is given to p?epay this note in whol~ or io paH at any time withouf pen+lfy. Neithe? faebtusnu, 3.45 nor acceptante by 1he ho~der thereoi afte~ ~ny default in any payments hereon, shatl be deemed extenseon. A late p+y~+t chuge of ~ ~ added Io each ins~aiiment remaining unpaid 7 days after iK due date, and s like sum shall be added to each such instaliment remaining unpaid 7 d~ys afta~ each sutceeding paYmMt date. Each maker, surety and endorser hereof, join?ly and severally, waives demand, presentment protest and notice of profest for rwnpaYmenf, and fwlhsr agrees to any exte~sion of time of payment, either bafwe or after msturity, wilhwt notice to any of us; and to pay all cosri of collettan, includ~np • : aasonable attorney's fee ~n the avenf of any.default hereunder, a~d hereby seve~ally .vsives all benefit of homestead and ezemption under ths co~stitvtion a~~d !awa of each State of the United S~ates, as aga~nst this obligation a any exrensio++ w renewal hereof. Witneu the hand and seal of each party. . gf ~3, MI~~t@=S _ !Sf!!!! _ (SEnq s Alliece Walters ~ ~ 510•8O ) State Revenue ~ ~ 7.200.00 NOW, THEREFORE, the MOR7GAGOR fw ti+e purpose of secvri payment of asid sum of i , and the perform+nce of ths ~ovena~ts +nd agreements hereinafre~ expressed, and for divers good and valu+ble consideratans, by these p?esenls. dxs grant, bar9ain, sell, remise, re;ea3e, convey a~d confirm unto the MORTGAGEE, its successors and suigns, sil that certaio bf, piece w partel of I~~d, situate, lyi~g, and beirg in 1M [ounty of St. l.ueie ard State of Fbrida, deanibed ~s follows: Lot 9, WHIDODN'S SUBDIVISION, as per plat thereof on file in Plat Book 9, page 17 of the public zecords of St. Lucie County, Florida. I i~ ~ ~ pF ~ STOA MP j A~ t R[CEIVED j~~ ~e IN PAYRIEMT OF TAXE$ ,r, ~`jT ~ i ~AR~ ~9 `t ~ ~ , DUE OM. (~hSS 'C INTIWGIBLE PE:~S~::AL PF.OPERfY ooi a~~~£ °t o. puesu~r m c~ n.i~. ~cTS of isvL ' `z sn pEP t374 ~ R06ER PORRAS s ~ - d f N!( C I N WR OOU R'~ S T. W C t E ~ F 1 A~ ~a N ~ p8' ~ ~ ~t~9Z ~ . !egether with all and si~gular the tenemeNS, hereditarrxnts and ~ppurtantes therevnto bebrg~~g o? 1~ ~~YW~ ~PP~t~~^irg tl~ereto, and dl t~nts, issws. ~~xeeds and p~ofits accruirg and to accrue from ssid premises, a~l of whicfi are included in the ~bove ~nd fore~oinp d~scription and Mbeedum• TO HAVE AND TO F{OLD the above desuibed ~nd grsnted prem'~ses unto the ssid MORTGAGEE, its wocessors +~d usg~s Nb :'~ORTGAGOR for thel= - he;rs, executas, administrators and auigns, herebY covena^n w~~h rhe ssd MORTGAGEE, its suctessors and ~stipro. ,r;dt - -t~~-a~Rvfutly se~zed of the said premises in fee simple: that the sam~ ue (ree, clear and dixh+ry~d from alt lisns and ~ncwe- orances in law w in eqvity, and that t~y w~ll and the~t hein shsll wsrraM and defend the trtk to tht s+me.to th~ s~jd '~AORTGAGEE, its svcceuors and auigns. (orever sgainst the lawful claims and dem+nds of ~II persooss PROVIDED, ALWAYS lhst if the MORTGAGOR shall p~y unto the NlORTGAGEE the p~omissory note hereinbefon desaibed and sMll trulY, ptomptly ar.d fully perfam, dixharge, execute, completq comp~y wilh and abide by each snd every the stipulst~an, aproea+ents• condiYans +^d c°~e*++^n of ++~d Grom~sswy rate and of this Mortga9e, t}Kn th~s Mwtgage and the Estate hereby ueated shall cesse ~nd be null and void• ~ Mo IT IS UNDERSTOOD tlut the word "Mortyagw" whether in the singular or plursl ~nywhere in this Mortysy~, shall be sinyulu if om only and ~ shatl be plural jointly and severally if mwe than o~e, and that the word "their" ss used anywfier~ in this Matya~e ah~ll be tsken to mea+ "his." "her+. or "its:' wherever the context so impliei a+dmits. Alw, tMt whersvN there is s reference in the toveeanfs and ayreemenb hersin contsinad to any of rh~ parties hereto, tFro same ihall be construed to mean as well as the heirs, kyal representstives, succeswrs a~d +ssig^s (either voluntary by ad of th~ part~es or involuntary by ope?s~ion of the Isw) of the same and that the covenann her~in contained sFwll bind and the ben~firi and edvantsy~s irwrt ~ ?o the respcctive hei~s, legal representatives, suuesson and su~gns of the psrtiet hereto. And said Nbrtgagws, fw themselves and their hein, lepal representatives, successors and ass'~yns, herebY IantN +^d several~Y cove^~^t and apne +o and with the said MORTGAGEE, ib wccessors and assigns: ~ 1. To psy all and singvlar tht principal and interest and the vario~s snd wndry sums of ma~eY paYable bY virtw of said promiswry note, and fhit w' mortga9e, each and every, promptly on the days respectively tMe same sewrally become d~e. 2. To psy all snd sinyvlar the tsxes, asussmenn, levies. {isbiliries, obligaYaro snd encumbnnas of every MtW~ ifld I[Nld oow on said d~xT~d property, o~ th~t heresfier may be imposed, suffaed, placed, kvied, a ~ssessad thereon, a thst hereafter may b~ kvid or ~sses~ed upon tNs Maq~ age, or the indebtedness sewred I+~eby, escfi and every, when due +nd psysbk, ~awdirg ro law, befon ths~r becan~ deliipvaet, and befon arry k~t~rat arraches or sny penalty is intwred; AND INSOFAR AS ANY THEREOf IS OF RKORD iHE SAME SHALL dE PROMPTIY SATISf1E~ AND DISCH/1RGfD OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISfAC710N P/1PER OfFICIAIIY ENOORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MOR?GAGEE W~THIN TEN OAYS NEX? AFTER PAYMENT; s~d in the eve~t that sny thet~of ia no1 pa:d, sat'sfied and dixharged sa:d MORTGAGEE may at any t~me pay the ssme w+nY e+n ~hreof `"~~~ho~+~ +ffecting any option, litn, equity or .~qhr v~der w by v~rrue of this mo~tgage and the f~ll amount of each snd erery sxh payment ihall be immediatelY due and paYable and shall besr i~teres~ i.c-~ ~F~= da~r ~~erecf un~~~ ca d a! rate of nine pe~ ceMum per annum and topether w~th such interest shall be secured by the lien of th's morgtage. - - - ~ - - - _