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Home My WebLink About0457 ; ~ ~ ~I ; 31'7'~30 THiS INDENTURE, AAad~ tM 23rd day of Septeisber . A.D. 19 75 " betwNn ;i Mvron J. Wilson and June I. WilsonL his ~.?~~e • - • ~ of St - - -ie ,~~CoVnty Flwid~, MffiMNM desipnsted ss the "MORTGAGOR," ~nd FIRSi fEOERAL SAVINGS ANO tOA.~I ASSOCIATION OF FORT PIERCE, a cwpa~lion wyanized a~d ~xiairg u~ the laws of tM Un~~~d S~a?~s of Ame~ic~ ~nd havie~p hs princlpal pbca of , bvur?~u tn tM C1ty of Fort PiKC~, 51. l~?ci~ County, flaida, i+er~kufi~r dNipnat~d ~s tM "MORTGAGEE: ' WHEREAS th~ MORTGAGOR is justly inrkbt~d to ths MORIGAGEE in the sum of s 17 ~ 30Q~QQ____; g~ ~awful money of the Unitcd j , St~tes adwnced by the MORTGAGEE unto ths MORTGAGOR, ss evidenced by a certa~~ promiuwy note of even date herewith, of wh~ch th~ followinp tn ~ wads and fiyurq is • trut topy, to-wit: # ~ 17.300.00 1~ 1604 # Fo?f Pia~ce. Fbrida. eshgr 2~ 1lZ.r1_ Fw value raceived, 1, we or either of us, prom~se to pay, withouf ddtalca~ion, to ths orde~ of FIRST FEDERAL SAVINGS AND LOAN /~S~OC4ATION OF FORT PIERCE at Forf Pie:cr, F~wida, the sum of S 17~3~.~ w;th interest from date at the ~ate of 4iQ96 pa ~MUm, in monthly ins~a~l- ments s~ follows: s-1-~ • 0O o„ ,t~e 2~tL d,y of Noveabe r__, ~9-Z~ nd a like sum on the cwres ~ da of each rtdnfh tF~e- s Pond ^8 V after until the whole be fully paid. Each instal{menf firat sMlt be applied in payment of the interes? and the~ on the unpaid balance of the princ~pal sum. (f default is mads 3n tM payment of any insf~llmenf when due, and s~ch def~ult continues 30 day~, then at the optan of tFK holder, and w~thout any other notice, all the rematniny instattments shall be dw and payabb at once. Privilegs is qiven to prepay this rate in whok w in part at any t~me w~thout per+atty. Neither faebea~ance, nw acceptance by the holdcr thereof after any default in any paymenri hereon, shall be deemed extension. A late payment charQe of s 7~~ - sMll b~ added to each installment remaining unpaid 7 dayi affer iri due date, s~d • tike sum ahall be added to each such instaltment remaining vnpaid 7 days after ~ each :~ccesding payment date. , E+ch make~, surery and endo~ur hereof, jointly and severally, waives demand, presentment protest and notice of protesf iw ranpayment, a~d furthar ~ agrses to any extension of time of psyment, either before w after maturiry, without no?ice to any of u:; a~d to pay all costs of collection, irxludirg a reaso~abk attw~ey i fee in tha event of any default Fxreunder, and hereby severslly waives a!1 benefit of homestesd and exrmption unde? tAe constitution and laws of each State of the United States, as a9ainst this obligation or any extension or renewal hereof. ~tness the hand aod ~eal of each party. s~ Myrei~ Wilenn ~q , - - - ~U ' s~ June I. Wilson ~ r ~25.95 ~ Stete Rsv~nw ~U. (Law~r ~c~N~i wipwrl-n~») NO~IV, THEREFORE, the MORTGAGOR for the purpose of ~ecuring payment of s~ed sum of S 17 ~ 3~ , a~+d 1he perfo~ma~ce of th~ covenaab and sp~aamenb hereinafte~ expressed, and !w divers good and wlwblt considerations, by these presents, • does grant, bar~ain, aell, remiie, release, convey and confirm unto the MORTGAGEE, its successws and ~uipns, all that ce~Ui~ iot, pieu a pueel of I~nd, sit~ete, lyirg, and beirg in ths ~ Counry of ~t B , and State of Florida, desuibed as follows: i ~ - ~ Lots 2 and 3, Block 53, SAN i.LICIE PLAZA SLBDIVISION, UNIT #~l, as per plat thereof recorded in Plat Book 5, page 57, public records of St. Lucie County, Florida, ~ • ~ ~ ~ ~ STAT~ Ft.._JRl~~• ~ DOCUMENTARY~;=~;; SjI:AJl~' i ~ DFPT.OF REYEtiUE - ~ - Pa = SEr2E•~S t~ Z 5. 9 5 i - _ 1 _ i~~~~7 - - ~.A~6 ~ j { By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADIIANCES to be HERE- ~ AR1ER made by Mortgagee to Mortgagor, the aggregate of which will equal the principal amount specified ~ in the promissory note secured hereby. ~~V IN PJIr11EM ~ TAXES ~'C MR~ti6i~E P110PERIY. PURSIINIT TO ~ER A-l3i. I~S Of 1911. ~l t~~ ~Q l01~IK a~ p~yR C011R[. ST. YlC1E ~ topether with all ~nd sirgulai the tenements, herediramenq snd ~ppunances fhereunto belongirg or in anywise ~ppertaininp thersro. +nd all r~nt~. issws, proceeds and profin sccruing and to acuue from iaid premises, all of v.Fi~ are intlucled in ths abov~ and fweyoirg deuription ~nd Mb~ndum. TO HAVE ANO TO HOW the sbow dewibed and gramed premises unto the said MORTGAGEE, its wccesson and ~uipns fotever. Md th~ ~aid MORTGAGOR fo~ the ir he;rs, executors, administratas and assig~s, hereby covenanri with the said MORTGAGEE, its successors ~nd assipn~, thev dY'6 ~~,~„{ully seized of the s+id p?emises in fee simple; th~t the same u~ irs~, clear snd discharged from all liens and ~rK~ bra~ces in law.a in equity, and thar they will and their h~irs shall wurant and defend tM titk to the sam~ to tl» s+W MORTGAGEE, ib successon snd auigns, faerer against the tavrfut clsims and demands of all pe~sora; PltOVIDED, AtWAYS that if the MORIGAGOR shatl psy vnro the MORTGAGEE the promiuwy ~ote hereinbefote described and shall truly, promptlp and fully periorm, d~sch~rye, e,cacute, compkte, comply with and abide by each and ~veryr tik stipulatio~a, ~greemenn, ca+ditiaa and cwrrNnb of s~id promiswry rate and of this Mwtyage, then tFw Mwtpage apd the Estate hereby aeated sMll u~se and be n~ll and void. IT IS UNDERSTOVD that the word "Mortyagor" whether in the sirgular o? plural a~ywhere in this Mortgage, shall b~ si~pvlar if a+~ only and ih~ll be plural jointly u~d severally if mors than one, and that the wad "thei~" as ~sed ~nywhere in this Mwt~age sh~ll be faken to mt~ "hb:' "Mrs,~O w"in;' wherever the cont~xt w implies or admits. Also, that wherever there it a reference in tM covenann and apreernenb h~r~in contairnd to any tM parties hcreto, the s+me shall b~ construed to mean as well as the hein, ley~l r~presentatives, sutusson and ~uiyns (eilher voluntary by ~ct of t parties w involvntary by oper~tion of the law) of the same and that the covenants herein conraiixd shall bind and the benefits a~d advanta~q i~ to the respective hein. Ipal represenutives, succeisors and su~yns of the parties heroto. ~ Md said Mo~t9a9on, fw themulves and their hein, kgal r~prese~tatives, succesw~s ~nd auip~s, hereby jointly and severally coveiu+~t and apr~ ~o and wifh the said l1AORTGAGEE, in succeuors snd auiyns: 1. To pay all and sinpular the printipel and imcreit snd the vsriovs and iundry sums of money payable by virtue of. said promiuory note, a~d t~ mortyapt, ead~ ~nd evNy, promptly on tM dsys respectivety tl+e same sev~rally become dw. 2. To p~y dl and sirgvlar the taxes, assessmenb. Iwid, li~bilities, obli~atio~s and e~cwnb~ances of every natwe ~nd kind now on ~ak) property, a th~t hereafter may be impo~ed` wffered, placed, levied, a ~ssessed therwn, w th~t hereafter may b~ kvied or aueased ~pon tF~ +p~, a th~ M~debt~ness secvred hereby, ead~ ~nd every, whan dve and payable, actordirg to law, befae they becan~ delinquem, and b~fw~ ~eryr anaches w any penalty is_incurred; AfMB INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTLY SATISfIED AND DISCHARGED RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAILY ENDORSED OR CERTIFIE~) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NFXT AfTER PAYMENT; and in the event tFNt ~ny tFw~eof is not paid, sat'sfied and dixharged sa'd MORTGAGEE may at any time pay the same or any part thereof wirhout waiving w aifettir~q any optan, lien, eqvity w .iQht vnder w by virtve of thii mongage and the full amount of each and every wch p~yment shall be immediately due and pay~bk ~nd shall bear infer~st <<rom the dat~ thereo( until paid at rate of n~ne per centum pe~ annum a~d to~ether w~th such interett shall be secured by the lien o( th:s moryts~e. z «~t-s , - r~ _ . , d_ . ,