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THIS 1 DENTURE.'Msde the u 26th _ day of February ~ ' ~ A.D. 19_75 ~ betwsen
_ Robert E. Wi113a~s and Jo~n
Wi~~ liaas, his wife
_
of St. L{~~@ County Fiw~da, here~nafter designated as ths "MORTGAGOR." and FIRST FEOERAL SAVINGS ANp :pl,id
ASS(kIATtON OF FORT PIERCE. • corporat;on wgani:ed and exisiing unde~ the laws o` tM United Stat~s of Ameriu a~d hsv~ng itt ~Incl:ral plat+ ~
b~vness In tM City of fo~t Pierce, S1. luue County, Plo~ida, hero~nafler designated as ths "MORTGAGEE."
WHEREAS ths AtORTGAGOR it ~ustly indebted to the MORTvAGEE in the s~m of S 19a 602~- good and la~n•fu1 .nonay of the United
Sr~tet adverxed by tha h1URTGAGEE un~o the MOR~GAGOR, es ev~d~ncrd by a cEnein promiuory note of even dale herewith, of wh~,,h the fo:4oww:~ tn
.,o:ds and ~igu~et is a true copy, to-wd: ~
s 19 L600 .00 ~ 1_ 002 209 !
Fort Picres, Flwida, February Zd . ~y.75
For va~~e rcteived, I, •he o~ either of us, prom;se to ~y, wirhout defalc~non. ro th? o~der of FIRST fEDERAI SAVINGS At~D IOAN ASSOCIATION OF
'2T PIERCE at Forf P:crce, Fluride, the sum o4 ~_19!6~'~______--- ~:th ~n~er~st frcm date at rhe rate of 9•.OOO per annum, in monthly install-
:~s as foi~owa: 5.165.~ on :`.e 20thday of _ A~il 1975 _ and a lil~~sum on the correspond~ng day of each month there-
~~~r until if,e who:e be (ully pa~d. ~
Each instattment first shall lx applied in payment of the intcrest and then on the unpa;d balance of the prir,upal sum. lf defauh is made in the
,:,inent of aoy instaliment when due, and such deieult coNin~es 30 days, then oi +1.. kc.ltle.. ..~u1 w~th~n any othe~ notice. all the remainioo :
,~ei.ments shall be due and oayaole at once. Privile~e is givrn to prepay this note in whole w in pa~t at any tima wi~hout penalty. Neither fwebear~nte, !
-;r, acceptance by ~he he~der thereof atter any defa~lf in any payments hereon, shal! be deemed exten:ion. A tare paymeM charge of S- 8' 25 shall be ~
_i-d ro each ins~atin:ent .emain~ng unpa~d 7 days after ih due date, and a hke sum shell t~ addrd to each such installment remaining unpaid 7 days afte? t
~
:.n succeeding payment date. ~
Each maker, surety and endors~r hereof, jointly and sevrra~~y, waives demar,d, presentment protest and rtotice of protest for nonpayment, and further ~
~a:ees to any eatena~on uf t~me of payment, rither brfore or after n:atu~rty, .vithcut ne+rce to any of us; and to pay ail costs of collection, inttuding a
~~abie afromry s fee ~n the e~ent oF any defauit hereunder, and hereby several!y waives a!t benefit of homestead and exemption undar the constitution ~
, i aws of each Srate of t~e Ui:rtrd States, as aga ~isr this oLf:gatio~ o~ any e.'ensio~ or renev:al hereof. 1
3
Ylitness tne iiand and seal oi each par~y. ~
s/Robert E. Wi~liams (SEAt) ~
;
_ csEnU i
s/Joan Willia~as ~A~ ~
(SEAt) ~
S29 • 40 _ ) Srate Reyenue ' ~
h,r,~p! ranGlifld ~OR orR,lResi-noR)
NOW. THERFFCRE, the MORTGAGOR for tfie GU~pOSE of secorinq payment of said sum of s 19 ~ 600. ~ ~nd the performance of iha ~
~~~^ar.ts and a9ree:.;ents hereinafter e:pressed, and for drvers good ano vet~ab:e tons+derafions, by these presents, does grant, bargain, sell, remise, ~
_~se, convey and conflrm unro tne MORfGAvEE, i~s successors end asaigns, all that certain lot, piece or parcel of land, situate, lying, and being in the 3
: o;~ry of St . L'11C le and Statc of P:orida, described s~ follows: i
f
~
F
Apartment III ( 103) of the Colonnades Condoniniun #7, ~
according to the Declaration of Condominiun recorded in O. R. Book ~
211, page 6~ of the Public Records of St. Lucie County, Florida, a
; 1~OGETt~R WITH all appurtenances thereto~ together with an wndivided ;
~ interest in the co~non eleaents and the lidited coavon elements thereof. ~
i ~
i SiBJECT T~O the teras, covena.nts, agreements, obligations and provisions ~
~ of said Declaration of Condominiua~ which ~Iortgagor in all things does ~
, covenant to Mortgagee faithfully to observe and perform. / ~
i
~
Y
B
~
~ r STATE QF FLORlG,'-~, ~
~ _
DOCL_'MFNiARY.=.~= . STAMP Et.i. ~
_
~ Z~ ~ I~FY'.. UF R~YEfiUf ^ - I
i ~m M = P~. _ . 2 9. d 0 r ~ ` W~ ~ ~~xr o~ ~
52 . ~ ~ 1~~i ~ A T~IY~~RL ~~~~v` r'~I S
~k - I ouE oN ou~ ~c
~ ~ywr ~o q~R n•i~. ACi= OF lylL~l
z R~OGER POtTR~
~ CLERK pRC1~ ~NT, N~ WCIE CO.. .FU '
~ ;
~ ~
~ :
~ ::ether witfi a'I and s~ngu!ar the tenements, hereditaments and appurtances thereunro belorr~ing or in enywise appertaining ihereto, end all rentl, iuues, ;
~ ~r.ceeds and profits acau~ng and to accrue from aaid premises, a11 of which are included in the sbove and foregang deuription a~d habendum. #
TO HAVE AND TO Ht)lD the above descrbed and gro~ted premises unto the said MORTGAGEE, its wttsssas and aaiegns foreve~. Md tM said 3
y; i
zy, tll@1Z____
~RTGAGOR tor - - heirs, extcutws, adminisi~ators and assigns, hereby covenaott with the ssid MORTGAGEE, ib successors and assiyra, ~
_they_are ~aWf,,,,y seized of the said prem~ses in fee simple; that the same are free, ctear ~nd diaha~yed from ~II liens and encvm~
the W~~~ a~d LTl@lr _ heirs shall warrant and defend the title to tM sartw fo tM s~id ~
_ •,^ces in iaw or in equity, and that_~-
- s':~RiGAGEE, its svccessors and ass~gns, forever against the lawful ctaims and demands of all persons; ~
i PROVIDED, AlWAYS that if the MORTGAGOR aha~l pay unto the MORTGAGEE the promissory note hereinbefore described and sh+ll truly, promptiy
=~i > d fuHy periorm, discharge, e~ec~te, comp;ete, comp~y with and abide by eath and every the stipuletions, agreements, conditions ~nd toven~nfi of s~id
~:sswy note and of this Mortgage, then this Nlortgage and the Estate hereby created shall cease and be nul) ~nd void.
~z IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be ~in9ulu if on~ only snd ~ ;
° sha+l be plura! iointiy and xveratly if more than one, and that the wwd "their" as uied anywhere in this Mortgage shal{ be taken to mean "his," "hen,"
,"Iss," whcrever the context so impiies or admiu. Alw, that wherever there is a reference in the covenants and syreemeMf herein contsined to sny of ~
';``a, '•:e parties hereto, the same shall be construcd to mean as well as the heirs, legal repreaematives, iuccessors and assigns (either voluntsry by act of the
' :~~~~es or i~vol~nrary by operation of the Iaw) of tFr_ same and that the covenants herein contained shall bind and the benefits snd adv~ntayes inu~t
:~e respective heirs, legal representatives, successors and ass~gna of the parties hereto. ;
And said Mortgagors, for themselves and their hNrs, legal reprexntatives, successas and essigns, hereby jointly and severally covenant ~nd apree ~
. and wath the said MORTGAGEE, its s~cceswro and assigns: • ~
1. To pay all snd s+nyular thz prirxipal and interest srx{ the various and iundry sumf of money payable by virtue of said prom~ssory note, and thit ~ij i
~ -ortgage, each and every, promptty on the dsys respea~vely the same xverally become due.
2. To pay all and fingu!er the taxes, assessments, levies, liabilitie~, obligations and encumFxances of every nature and kind now on uid desctibed 's
uroperty, o~ that hereafter may be imposed, suffered, plxed, levied, or assessed thereon, a that hereaher m~y be levied or assessed upon this Mort¢ ~
a~e, o~ ~he indebtedness aecured hereby, e~ch and every, when d~e snd payable, xcwding to law, befwe they become deUnquent, and befwe any interest ~ "a
~~r~
3•~~ches cr any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SATISfIED AND DISCHARGED OF
~;CORD AND iHE ORIGINAI OFFICiAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE YIITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenl that any thereof is not
d, sat'sfie ~ and discharged sa.d MORTGAGEE may at any time pay the same w any part thereof without waiving or •fiecting any option, lien, equify w _
•~nt ~nder or by virtve of thia morrgage and the full amount of .ach and every such payment shatl be immediately due end payable and sha~l besr interest
~ •ia~~ ~herF-? ~ :;j .a+e of ni~e per centum per annum and togetl~er w~th such interost shafl be fecured by the lien of th s morgtage
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