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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. ~ r; % . ~ ~ . 'i _r ~ y'• ;:f ~ ~1.•~-- , - STAM~h?A~'';~::~~.:, g p~ 1 ~ ~VL ~,YEh't O # ' i= ~ • a , `d:. _ • ~ ` _ _I - - r ~ ^r ' ~ ~ Z~_ ; {d- A. ~ ~ ~ ~~~~r 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. a-~-~' ~ , ' ~ - - - - ~ a _ _ ~¢~''~.as~„-` .a~ - ~ _ . . ? -w~'~" . , ~ -