HomeMy WebLinkAbout0418 •-)~-.)S T
THIS IMGENTURE. Mad~ the_ 21 St day of ^
1~Qe - A.O. 19_~-. betvreen
Pierre 8. Wilmarth and Dora A. Wi1ID~Lh.., bis wifQ____ _ -
of St. Li1C1@ Ccunry ilu~da, Aere~nal~Qr des~~n~eed as the "MORTGAGOR." and fIRST ~EDERAI SAVINGS AND IOAN
ASSOCIAT:ON OF fORT PIERCE, a coipwation oryaniard and ea~s?:+~g undcv the I+wa of ~he Un~ted Stat~s of Amcrica •~d h~ving iti p.incipal place of
buuness in tM City of fwt hHC~, S~. luci~ County, flaida, hereinaftea daiignated a: ~ha "MORiGAGEE:'
WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE in the s~~. of S 6~~0.0~ 9ood and lawful money o! the Un~tcd
States adva,xed by the MOP.TGAGfE umo the MORTGAGOR, as e~~Janczd Ly a ct~tom proo~issory note oi eren dete hrrewi:h, oi wh:ch the foilow~ng in
words and figures is a trve copy, to-wit:
~ ~ . o00 . oo r,,~. iooo23~
f~ PK«.. Fia;a,. June 21. ~91~
Fd value received, 1, we w eieher o( vs, prom~se to pay, wi~iwut de(atc~+~w~, t~ rhe order of FIRST iEDfRAL Q$AVINGt AND lO~.h ASSOCIATIO~`t Oi
FORT PIERIE af fat P~rrce, Flerida, the sum of s 6~~~_~_-_-__ xnh ~roerest fran date at the rate oP!?S!i> per ann~:m, in ma~:hly im:sl'-
ments as foi!ows: S-~i~- ~ day of A»ALCt _ 1974_ and a l~ke avrn on the correipa:d;ng day .:f each month !hrr3-
afte~ until the who:e be iully paid.
Each Insrallment fiist :hall be applird in paymenf of the interest and ~hrn on !he vnua:d balance oi ~he princ'pal w~n. If de(ault is made in tF~e
pa;:i~nt of any installme~t when due, aod ~vch defautt coratinues 30 days, thrn at thc opf~on of the holder, and w~tLou~ any ott.sr no~:ce, all 'Ir ~em~~mn9
~nsrailmems shail be du- and payabia at once. Privi~e~e ia 9~ven to prepay th~s note in whole or in part at any Gme wi~hout penaltY. Neitt.er foretearance,
nor acceptai,ce by the hoWer thereof aher any defauit in any peyments hereon, shall be deemed extens~on. A late payment charge of S~• 8S sha~~ be
edded ta each instalimero :emaining unpa:d 7 days after its due date, and ~ 6ke sum shalt t~e a~de~ ro each such ins!a~~meM ~tmaining unpaid 7 days afte~
~ach succeeding payn:e~1 dare.
Eath maker, surNy and endorsen c~reof, jointly and s:vera~ly, waivcs demand, prrsrntmer.t protes~ and not:cs of protest fw nonpayment, and fu~thrr
agrees to any eatens+on of time of paymrn?, eithrr be'ore w afler mawri~y, w~fho~t no~~ce to any of us; and to pay all cos~s of cotleaion, inctud~ng a
.___~aa~!e attwney's fce in the event oF any dr4eutt hereundrr, and hereby severally wa~ves atl beneiit of hornes~rad and exempnon under the conatitution
ar.d laws of each S~ate of ~he United Sretes, as aga~nst this obGgauon or any .e~:ens~on a renrwal hereof.
Witness the hand and seaf of each parry.
S/ P i e r re ~ Wi lmar_th___ (SEAL)
(SEAI)
S Dora A. Wilmarth
~9 Qoo tsEnu
) State
v~Re~ ue
6 s and the rfotmance of the
NpYN, THEREfORE, the MORTGAGOR fw the purpose of secu~~~g payment of sr=d avm of s P~
cnverwnts a~d agreements hereinafter e:{xessed, and for d~vera good a~d valuable cons~derations, by these presents, does grant, ba~ga~n, sell, rem~se,
rrlrase, convey and to:.firm unto the MORiGAGEE, its successws and ass:g~s, alt ihat certain iol, piece ar pucel of land, s~tuate, lying, ~nd bei++g in the
County of St . Lueie and State o( fbrida, deacribed as foliows:
Lot 9, Block 3, ORAI~GB BIAS90M SSTATSS, as per Plat thereof on file in Plat
Boak 11, page 6, public recards of St. Lucie County, Florida.
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r~ RECfti'ED S~ IN PAYMENT Of TAXES
~ p~ pn ~LASS 'C' INTAM6tBLE PERS4t:~L PROPER(r~
~ pp(~11F.lIT i0 ~`~•EER7VOITRA.~''TS OF 1'lll.
~ CkER1I CIFlWIT OOURT, 9t_ LU(:IE CO., flA
tcgether with all and singular the tenements, hereditaments and appurtancrs thereunto belongir!g w in anywise appertaining lhereto, and all rents, issues,
proceeds ~nd p?olits scvuing and to ~ccrue from sa~d pcemius, atl of which are ircludcd in the above snd (er.gang desviptio~ and habendum.
TO NAVE AND T HO~D the above desaibed and granted premises vnto the said MORiGAGEE, its successws and assigns fwever. And the s+~d
~heir
ti'.ORTGA R for he~rs, eaecutors, administ~ators and assigns, hereby covenants with the said MORTGAGEE, its successors and asaigns,
~hat - t~@~ are _~aW~,,;:y se~:ed of the said Frcm~ses in fee simplr, that the same are free, dear and dhcharged irom all liens and encunr
~ brances in law w in equ~ty, and that they will and their he;rs shali warrant and defend the title to the same to the s+id
MORTGAGEE, its successors and asa~gns, fae,rcr against the lawful ctaims ana demands of all persons;
PROVIDED, ALWAYS that if ~he MORTGAC-0R sFall pay unto the MORTGAGEE the p.om~ssory note herei~be(ore described +nd shslt tryiy, promptly
and fully perform, d:xharge, e:ecute, aompkte, compiy with ar~d ab~de by each and evtry the stip~~lations, agreements, contlitions a~d cwenants of said
cromisswy note and of this Mwtgsge, then this Mwtgage snd the Estate hcreby c~eated s~all ce~x and be n~ll snd void.
IT IS UNDERSTOOD that the wwd "Mottgagoi' whether in the s~ngular w pJural snywhere in this Mortgage, shall be sirgular if one only and
shall be plural jointly and severally if more thar. one, and that tne word "~heir" ss used anywhere in this Mwtgage shall be taken to mea~ "his;' "hen~~
or °its:' where~er the context so implies or sdmits_ Alw, that wFxrever there is a reference in the covenants and ag.eem~nrs herein contained to any ~
rhe pa~ties bereto, the same shall be constroed to mean as welt as the heirs, legsl representarives, successors and assigns {^ither volunqry by +ct of 1F~
parties or involuntary by operatio~ of the law) of the same and that IF.e covenants herein coata~ncd shall bind ~nd the benefits aod advantsges inur
~ +o the respective heirs, kgal representatives, succeuors arq asrgns 6i the parties hereto.
And said Nbrtgagors, for thcroselves and their heirs, legal representatives, successors and auigns, hereby joi~tly and severally covenant snd ~gr
}o and w~th tF~e said MORTGAG:E, its svccessors and assg~s:
1. lo pay a11 and si~g~lar the p~~ncipal ar.d i~terest and the vanous ~nd sundry sums of money payabte by virtve of uid prom~ssory note, and ~his~
- mortgsge, each and every, pro*nptly on the days rcspect~vely tlx same severally bECOme due. ~
2. To psy all and sirgutar the taxes, assessmems, levies, Iiabil~trcs, oWigations and encumbrarxd of every naru+e and kind rwrv on said druribed
properry, a thst Fxreafter may be imposed, sufferrd, plxed, levicd, or assessed thcreo^. or that hereafter may be levied w assessed upon this Mwi
age, a the irsdebtedness secured hereby, each snd every, when due snd payable, mording to Isw, before tlxy beccme delinquent, and before any interes
3~~2CF1lS w+~y pena~~Y ~s incurred: AND lf350fAR AS ANY 1HEREOF IS Of RKORD TME SAlYIE SHAII BE PROMPiLY SATISFIED AND DISCHARGED O
kECORO ANU THE ORIGIP:AL OFFICIAL L~OCUMENT iSUCH AS. FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORS~
OR CERTIfIED) SHAII BE PIACfD IN THE NANDS OF S.11D MORTGAGEE WITNiN TEN DAYS N~Xi AFTER PAYMENT; and in the eve~t inat any shercof is not
;;a~d, saYsfied a~d d~xhar~ed sa'd MORTvAGEE may at any time prV the same w any part thereol withwit waivi.g o~ aFFeU7ng any optior. lien, eq~ity a
•~ahr unde~ w by virtue of this mor~gage and rhe full amovnt of each and every such payment shatl be immediately due and payable and shall bex ir.taest
j~om ~he date ~herecf until pa~d ar rate of mne per cent~m aer annum and together w~+h svch interesr sFall be uwred by the Iien of th"s mwgtage.
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