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HomeMy WebLinkAbout0254 ~ 3050~0 s TNIS INDENIURE, Made the 28th day of • March A.D. 191~._., betwee~ _ Georc~e K. Wilcoxi a sinqle_adult of ~y • Luc ie County Fiorid~, hereinatler de~ignated as fhe "MORiGAGOR," and fIRS~ FEDERAL SAVINGS AN~ IOAN ASSOCIATION OF FORi PIERCE, • corporstion orpani:rd snd existing untia the laws of fhs United $ta~os of Amerita and having iti pri~cipal pl~ce of bua~nes~ in the Ci~y of Fo~t Pierce, St. Lucie Go~nty, Florida, hereinafier dasignated as ~he °MORTGAGEE:' WHEREAS the MORTGAGOlt is jv~tly indebted to the MORiG.~GEf in tF+e sunt of 5 16~ good snd tawful money o( the Unifed ;~.jtes advanced by the MORTGAuEE w~~o tha MORTGAGOR, as evicirnced by a certam prom~sswy ~ote of even date herewnh, oi which the iollowinp in y.o~ds and figuras is a true copy, to-wit: t„ ~ ^ f_ 16 i000 00 _ No 1002124 ~ . ' ' ' Fwt Picrce, Florida, March 28 ~q~_ For va!ve recrived, 1, •..e or eithrr of ~s, pro~n:se to pay, without de~a!cation, to the ordrr of FIRST FEUERAI SAVINGS ANO IOAN ASSOCIATION OF -;;~T PIERCE al Fort Pierce. FloriJa, •~he sum oi b_16.~~~_s..QQ_ _ w~th ~n~erESi irom date at the rate of ~Q.°o per annum, in monthly install- :s as fo:~ow:: s 144.00___,_ a, ~h: ZOt~l_ day of _ Ma~_ ,)975_._ and a fike sum o~ the correspo~ding day of each monfh there- ~~•~~r untii tne whae tx fuily paid. Each .instaliment fi~st shall be appi~ed in payment of tfw inrerest and ~hen o~ ~he ~nf:aid balance of the prinupe) sum. If d~fault is made in tF?e ,nt of any instai;ment wt:en Jue, and wc~ deiauit con:inues 30 days, then a! rhe oN?ion of the holder, and without any other notice, all 1Fx remai~ing ,~,iiments sha11 be due ar.d payable at once. Privilege is given to prepey this note in wiwte or in part at any time without penafty. Neither forebearancs, nor acceptante by the holdrr thereof atter any deFautt in any c+symeNS hereon, shall be deemed extension. A late payment tharge of s? , shall ix ~id to each instaiEmero remaining unpald,7 days alter its due date, and a like s4m shall tu added to each such instal~meM remaining unpaid 7 days affer h succeedinq payment date. i Each maker, surety and c~dorses hereof, jo~nrty and sevcrally; wa;ves demand, p~esentment protes! and nolke of protest fw nanpayment, and further ;rces to any extens~on of time oi payment, e~ti:tr b_Fora or alter maturlty, witt,out notlie to any of us; and to pay all costs of collection, indudiny ~ ! ,;cnabk atromey's fee in the e~em e4 any dr`auit hereunder, and hereby severaily waives al! benefit of homestead and exemption u~der the constitution ~ i iaws of each Srate c! the Unaed Srarrs, ~s ayau~st iF.is obliyation or any extension er renevial hereof. Witoeas the hand and seal of each party. ; s/George K. Wilcox, a ~EAU ~ _ sin~le adult ~~q (SE~?l) E ~SEAu i ~ 24 ~ 0~ ) State ~ever.ue ; e* rnpr ~anreilei s~? erig:~+~;-ne~c?- ' 16 00~ 5 NOJV, THEREFvRE, fhe MORTGAGO~ fw. rhe purpose ef securtn~ payR:em of sa~d sum of S ~ • ~ and the performance of the ~ .e~ants and agree~cenb here~nafrer ecp:essed, ard for d~vers good and valuable cc-~sid~rations, by these prestn2s, does gront, bary~in, sell, remise, ~ _.,sr, convey ar.d co~i;rm u~:to the M,ORTGAGEE, its successors and aasigns, a~i fhat certain lot, piece ot partel of land, situate, lying, and beiny in the F .c:;nry of $t • I~Cle and State of Florida, described as follows: ~ ~ / - ~ 03 - Oi/;P- C~oo/3 ' Al1 of Lot 2, Block B(except the North S feet and the West.l6 feet thereof), ~ and all of Lot 3~ Block B(except the North 5 feet and the East 16 feet thereof), i of MARAVILLA TERRACE, a subdivision as per plat thereof on file in Plat Book 5, { at page 50 of the Public Records of St. Lucie County, Florida, i ~ R ~ _ ~ ~ 5 ~ ~ 3 3 _ F~-o~YU~~'~ i ~ o~ Q~.~ ; ~ -T' T E , _ . : . ~ - ~ Q*.~~ f ~ K,ENTAR- _ ~ ~ QE~~p p~ ~y~ ~ ~,T I?EVY-OF r~1rf_hU,_ ~+p~_" ~ o a ? ~ ,e~- ~~5 4,a ~ - ~ -~~=.t~~.~~,~1.~ ~ 3 - i r '-fl ~ " e+ Q ~R : € r, _ v9.~ .,>~~--'"r NC~jS~~c~p4~~~~5~~~~ ~ i m . : t ~ ~ ~~R ~ ~ ~ ~ s > f € ~ l ~ ~ 9 ~ F :.3ether with all and singular the tenements, hereditamenis and appurtances ihereunro belo~ging w in anywise apperteininp flxreto, and all renri, issues, ~ :.•cceeds and profits accruing and to accrue from wid prcmises, all of which are included :n the above and foregang desuiption end habendum. TO HAVE AND TO HOLD the above descr~bed artd g~anted premises unto the ssid MORTGAGEE, its successon and auiyns forever. And the saSd ~ "~RTGAGOR for hl~------- heirs, exewtors, administrators and ass:gns, hereby tovenants with the ssid MORTGAGEE, its suctesson ~nd ~uyM, _ he 15 ~awfully se~zed of the said prem~us in fee simple; that the ssme +re free, clear snd discharged from sll liens aed ~ncum- ~ ances ~n taw or in equity, and that__~~__ will and h15 heirs shall warranf and defend the title to the same to the said ~ ',''~P.TGAGEE, its successon and assigns, forever against the lawful claims and demands of all persans; ' PROVIUED, ALV'/AYS that if she MORiGAGOR shal~ pay unto the MORTGAGEE fhe p~omissory note hereinbefore described and thall truly, p~omptly : tu~ly perform, d~scharge, execvte, comp:ete, curnp~y with and ab~de by each and every the stipulations, agreements, conditiom s~d tovenanb of said - .~,~ssory note and of this Mortgage, then this Mortgage and the Estare hereby created sball ceax and be null end void. ' IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular w plu~al snywhere in thi• RRwfg~ge, shall be fingul~r if one only and ~ w <;,~~I be plural ja~tly and severa~ly if more than one, and that the word "their" as used anywhere in this Nbrfgage shall be faken to mesn "hi~," "hen," ~ ~ "its," wherever the context so implies or admits. Also, that wherever there is a referente in the covenants snd sgreements herein contained to any of e parties hereto, the same shatl be co~strued to mesn as well as the heirs, legal rep~esemstives, successon and aisigr?i (either voluntary by ad of ths ~ ~ ; a•t;es or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantapea irwrt ~ o rhe respective heirs, legal reprcsentatives, successors and asrgns of the part~es hereto. . W c~ ~1nd said Mortgagors, for themselves and their heirs, legal representatives, succeuor~ snd assigro, hereby jointly and sevaally covenant and ayre~ ~ ~ ~o and with the said MORTGAGEE, its successors and ass~gns: ~y~ ~ ~ 1. 1o pay all and singular the principal and interest and Ihe various and sundry sums of nwney payable by virtue of said promissory rwte, ~nd fhis Y -ertgage, each and every, promptly on ihe days respectively the same severally become due. ~ 2_ To psy all and •~ngular the taxes, assessments, levies, lisbilities, obl~gations and encumMantes of every nature snd kind now on s~d dewibed Y ~ croperty, w that hereafte? may be imposed, suffered, plsted, levied, or asseued thereon, p that hereaftet may be levied p assetscd upon iMis Mprt¢ °Co ~ ag~, or the indebtedneu secured hereby, each and every, when due and payable, accordirg to law, befae they become delinquent, and before aey intertst Om •~=ches w any penalty is inc~rred; AND INSOFAR AS ANY TMfREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIEO AND OISCHARGED OF ~ rcCORD AM1fD THE ORIGINAL OFFICIAL DOCUMENS (SUCH A5, FOR INSTANCE, 7NE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENDORSE~ CERTIFIEDJ SHALL BE PtACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that ~ny thereof is not pa,d, sat'sfied a.r! discharged sa:d fAORTGAGEE may at a~y nme psy the samc w any part thereof withovt waiving or sf(ectiny any optio~, lien, equity or ~~qht ~~der or by v~rtve of th~s morrgage and the futl amount of each and every svch payment shall be immediately due and payable snd shall bear inferesl h~~.~ r~~ ~1~•.. ~.:~~r- r~ d-y' ~are of n;ne per centum per annum end together w~th such iNerest shall be setured by the lien of +h s mo.g!zqe ~ ~?is:~' ~~~-'~+-^*p.~ ~.«,r~-. z _ ~ -~:.3,x; f~a.''A°'~"~~~C" ~Eya'~{.1' `~~,~1~"` ' ~ . 11 U~ - ' ' _ ~ '