HomeMy WebLinkAbout0450 ~ 3~~~~6 ~
21~t NoveRber
THiS INpfNTURE, Ma~la tM d~y of A.D. 19 7
5 bNw~+
G. B. Waltera ~~d Alliece Wnlters; hie wife~`
of ~t . LL1C i@ Covnry Flaida, ha~ii+attN daign~r~d ~i tM •'MORTGAGOR;' and FIRSi FEDERAt SAVINGS ANp IOAN
ASSOCIATION OF fORi PIEttCE, ~ co~por~tan wpanised u~d exi~tinp undw tM I~w~ of tM U~ie~d S~~~q ot Am~rica u~d 1?avinp i» prMcipal pl~ca of
busin~~ b ~M City of FoA Pi~rp, 51. Lutl~ Cov~ry, ftorld+. Iw~iMftK dKipnaqd at tM "MORTGAGEE." •
WHEREI?S tM MORTGAGOR b j,nHy indtbt.d ro tF» MORTGAGEE in tFw sum o( : 1?~ 40n . 00 yood ~r,d iawfui mon~y of tM United
Ste~es advanced by tM MORTGAGEE unto tF» MORTGAGOR, as tvidtnced by a certa~n promiaswy nore of even date herewith, of wh;ch ths folbvirinp In
wada a~d /ig~~~s a• trw coPY. ~o-wit:
= 12 ~ 400 .00 N,_ 10021694
Fo.~ Pw.~., Fbrlda, Novernber 21 19 75
fa value rec~ived, 1, vw o~ eitMr of us, promiss to pay, without defslcation, 1o ths adsr of FIRSi FEOERAI SAVINGS AN~ LOAN ASSOCIATION OP
iORi PIERCE at Faf Pi~ru, florida, ths sum of = ~ 2~ 4~ • O0 w;th intere~t from date at the rat~ of ~Q°X p~r srv~um, in mor?fhly (nstall-
ments ss follows: =112 . 00 ~ tFb 2~th ~y a f Ata rch 19 7~L and a like :wn on ths cwre~pa~d:np day of each mo~th fFrrr
•fler until 1he whol~ b~ (ully paid.
Each installmant fint ~all bs applied in payment of the interest ~nd ~hen o~ the vnpaid l»I~nca of the princip~l wm. If defauit is made in th~
payment of any instaflmanl wFKn dw, and ~uch default continves 3p days, then ~t tM optan oi ths haider. and witFaut any other notico, all the rKruinirg
insullmenta shall bs dw and payable st once. Privilega ii piven to prepay thw note in whot~ w io part at ~ny I~me wi~hout pen~lty. NeitF~er forfb~uu~c~,
nw ~cc~pt~nct by the holde~ thereof after any def~ult ie~ sny payments he~eon, shall be deemed extcnsion. A late payment_charpe of = 5• 6O ~hall be
added 1o each ies?~Ilme~t remaininp vnpa~d 7 dayf ~hN Ib dua datt, ~nd a likr sum shall be added to each such installment remaininq trr+paid 7 days ~fM
e+d+ succeedenq p+Ymtnt dats.
Each msklr, surety and endorur hereof, jointly a~d severally, w~ives demand, presentmeM protest and notic~ of protest fw ~wnpayment, ~nd fwttwr •
agrees ro sny extension of tims of payment, either before or after mat~~ity, withovt notKe to any of us; a~d to psy all coits of wllection, includ~op a ~
reasonsble attaney i fee in the ~vent of any daf~ult hereunder, snd Mreby severally waives all benefit of homeitead and exemption under the tonstitvtion
and laws of each Srat~ of tM Unit~d Stafes, as a9ainsf thit obligation p any eatenfion w renewal hereof.
Witneu th~ Mnd and seal of esth party. f
S~ G. B. WA1~,@fS
(~?U
S/ Alliece walters ~
~ $18 . 60 ~ $tsf~ Revenue
(&~rwq u~il~~w aipinaL wW~)
NOW. THEREFORE, the MORTGAGOR for the pwpou of secvrinp p~yment of ~aid ium of = 1? ~ 4(~ . OO , and tM psrformance of th~
covenants and ayreements hereinafte~ eapreued. and for ~ven ~ood and v~l~ablt consideratioru, by thess presents, does p~ant, bary~in, sell, remiie,
retessa, convey a~d confirm unto the MORIGAGEE, its succeuws u+d ~apns, all tMt certain lot, pi~cs a parul of tu?d, situate, lyirp, and bsieg in tF» ~
~~~y St . LL1C 1Q snd Stat~ of Fiorida, dewibed u follows: ~
~
S
Lot 9, Block 2, FiEL.EN HAMMOND'S SUBDIVISION, as per plat thereof recorded in Plat ~
Book 7, pac~e 23, of the public records ef St. Lucie County, Floricla. t
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DO~=UMERiAP.Y~':~:~- SYAMP ~P~ ? ~
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By agreement of Mortgagor and Mortgagee on file with
Martgagee, the within mortgage secures not only an
existing indebtedness, but also ADVANCES to be HERE-
; AFTER made hy ~fortgagee to Mortgagor, the aggregate
~ of which ~rill equal the principal amount specified
in the promissory note secured hereby.
~
~
E ~cW ~~i/
' G iN ~morr aF riucEs
E . DUE ON ClA9t 11(TAl18IBlE rERSOt1Jlt. PROPEAiY I
~ PUP.S'!VKT TO CHARER 71•134. ACTS pF 1971. ~ ~i
° R06lR PORRAt ~ ,
~ CLERK CIRqtR OOUIit, Sf. L11C~E 00.. FLA ~
F
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a royeth~? with all si+d singular the tenemen», hereditamenti and appurtances therevnto b~lw~yinp or in anyMriss ~ppertalninp tha~to. and all renta, issws,
~.oueds and profib scaving and to ~ccrw from said premises, ~II of which ~n included in tM abav~ and
farpoi^p d~~uiptan Md hab~ndwn.
u
; i0 HAVE AND TO HOID the abov~ desa~bed and yr~nted premius unro tM uid MORTGAGEE, ih wae~sws and auipns forsver. Md t!w said
> MORTGAGOR fa th¢ 1 i ~~~n~ ex~~~~ ~~~~atr~taf snd ~uigns, hereby cownann with tM uid MORTGAGEE, ib aerccqsors and ptip%
" ~~t - th@Y ~ Te lawfully uizsd of th~ iaid premises in f~ simplr, tlwt th~ sarn~ an frN, ck~r and discM~ped from all Iwns and ~ncw~r
~
~ brances in law or in equity, snd thst t h e v w~~~ thP i t htin ~hall wur~nt and d~fend tlw titl~ to tM sarrw ro tM uid
` MORTGAGEE, in succeswn and suiyns, faever apaintt tFw Iawful cbim~ ~nd dems++~ of all persons;
~
PROVIDED, ALWAYS tMt if tM MORTGAGOR ihall pay unto th~ MORTGAGEE tM promiuay not~ he~einbefwe destribed ~nd th~ll trvly, promptly
end fully periwm, d~sci~ar~e. e:ecurs, complN~. comply with and abide by ~ach and ev~ry th~ stlpulations, preemMts, conditiona ~nd covaNny of s~id
, prom~ssory rwte and of tfiis Mortyaye, then this Mortgage ~nd the E~tate haeby ueated ahall cea~ and b~ null and void.
; IT IS UNDERSTOOp that the word "Morty~yor' whether in tF+~ sirgul~r w plwal anywhe~~ in this Nbrtyape, sFull b~ sinpular if a» only ~nd Wp
a shall be plural 'pintty ~nd severally if mor~ tha~ one, and that the word "tF»ir" aa vted ~nywMre in thi~ Mwtyapt shall be t~ken to mean •'his,•• •'Mrs••
~ or "its," wherwer tht context so impli~s w admin. Alw, tlut whereve~ there i~ a nie?enc~ in tFw cownanb ~e~d apreem~nq herein oont~ined to amr of
~ the puties hereto, tlw ~ame ahali be construed to m~~n n w~ll as th~ hein, Ipal r~pr~su?t~tivea, a~xcessors a~+d utipns (~itha voluntary by ~ct of ttw
= parties w Invol~nury by oper~tio~ of ttK law) of the sune a~d that rhe cove~ann hereia conrained sMll bind •nd ~h. b.nefin .nd advm.~a trwr~ ~
? ro th~ rKpcctive Mirs, IeQ~I repr~s~ntative~, succeswn u~d u~°9ns of tbe puties her~to.
' Md said Mwr9spo~s, fw themselva and their heirs. {e~al representatives, wcceuors and aaiprn, hereby jointly ~nd sewrally cov~nant and apr~e £
t ro and with th~ ~aid MORTGAGEE, i~s succeaw~s and uti9m: ~ f
~ 1. To pay all and sirg~lar 1he printipal and interest u~d tht various and wndry wms of money paYSble by vinue of said promiswry noq, and thi~ ~
rs,o~rpaye, ead~ and ~wry. PromPtly on rtw days nspectiv~y tM ~une sw~rally becane dw. i
~ 2 To piy dl and sirgvlar tM axes. ~ssesunenq. {wiss, ti~bili~iws, obliyatiau and ~ncu~mbwnces ef ewry nahx~ ~nd k;nd rww q~ uid dnctib~d ~
P~QW?~Y, a that here~hN may M impoNd, suffer~d. P~+ud, kvied, or ~wssed therea4 a th~~ Mre~fte~ may b~ levied w aisess~d upa~ tl~is i
R +9s, w tM 1nd~btedrKU wcv~ed hereby. ~~ch and wery, wMn dvs and payable. ~ccordirg to law. Mfw~ they beconw dsHnqwm. and brfw~ u~y In~a t
_ +tt+ches w any per?rlry i~ incw~ed; AND INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAIt 6E PROMPTIY SATISFIED AND OISCHARGEp Qf i
3 RKORD AND TME ORIGINAL OfFIG1Al DOCUMENT (SIKH AS, FOR tNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1ALlY ENDORSEp
~ OR CERTIFIED) SHAtI BE PIACED IN THE HANpS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENTt ~nd in the ~vMt that a~y N+~r~of a noi
= pa~d, s~t~~fied aod dixhuged sa:d MORTGAGEE may ~t ~~y t~me pay the same w any part thereof without waivinq o~ affetling any oplion, Iien, puity p
~ ~~aht under a by virtut of tbis mortyaye and the (ull smount of each and every wch psyment ih~l1 be immedia~ely dw ~nd pay~bk and shall bear intM~st
~•om the date thsreof until psid at r~te of nine per ccnfum per annum and to9etF~er with such interest ihall be tecured by tf~e litn of th:s morqtay~. ~
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