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HomeMy WebLinkAbout0062 3 38252 . TMIS INUENTURE, N{ad~ th~ Z4th d+y of Ju~ _ A.O. 19~~ b~twt~n ~ H~wsrd B. Wils~n and Gla~vs w. Wiis~ n. his wit• of St•.~.yCi~ Covnty Flwida, hereinafte~ des'gnated s~ the "MORiGAGOR;' and fIRST FEOERAL SAVINGS A::D 104N ASSOCI/?TION OF FORT PIERCE, • corpaat~on orp~nized ~nd exi~~irq under ~he ~aws of tM Uni~~d Sut~f of America ~nd h~vinp it~ pri~cip~l plap of bu~intts in tM City of Fort PiKU, S~. lucie County, Flaida, heieinaitsr dtsiynated ~a tM "MORTGAGEE." WHfREAS ?F~a MOR?GAGOR is j~itly ind~bted to ths MORTGAGEE in ths ium of S 9 s~0 good snd lawful money oi the Un:ted S~ates edvanced by ths MORTGAGEE unto tM MORTGAGOR, as evide~+ced by s certain promiuwy note oi even date herewitFy of which tM fo~lowinp In word~ and (iyuret is e trw copY. fo-wit: ;9,500.00 NQ100Z2000 fort Pierce. Florida. JuKe a4 19 76 fd value rcceived, 1, we or either of us, promisc to pay, without defalcation, to the o~der of FIRST FEOERAL SAVINGS AND IOAN ASSOCIAT{ON Of FORT PIERCE at Fwt Pierce, Fbrida, the sum of S~ with interest from date at the rale of Q.aQ.°,fo pa a~um, in rtwnthly intqtb mrnts ai follo~,vs: = 86•~ on tl,e ZOth day e( A1~9L1st , tq 76 arxl a I~ke sum on tFa correspondlrg day of each month thKr after uMit the whole be fufly paid. ' ! fach +nstallmenr li~st shal! be applied in psyment of ~he inte~est •nd then on the unpa~d balance of ths princtp~l sum. (f def~uh is mad~ in th~ ! payment of any installmenF when due, and such default fontinues 30 days, then at the optr~n of the hoMer, ~nd without sny otAer notice, all th~ remaini~ ~ ~r+stallmenti shalt be due arsd payab(e at once. Privitega is g7ven to prepay this note in whole or tn pa?t at any tima without penalty. IJeither fwebeannte, ncr ucaptante by the hofder thereof afte~ any defaulf in any payments ?ureon, shall be dtrmed extension. A Is1e payment thary~ of s~•~.., shall b~ added to aath installmeM ~emaining unpaid 7 days,afte~ its due dats, and a like s~m ahall be added to each such initatlment remaining unpaid 7 day~ sher each succeeding payment date_ Esch maker, surety and endwsen c~rrof, joinfty and seveniiy, waives demand, p?esentmc~t protest and notice of protest for nonpayment, a~d ivrthlr agrees to any extension of time of payment, eithe? before or after matur~ty, without notite to any of us; •nd to pay all costs of collettion, Inclvdirq ~ . ~easonabk attwney'i fee in the event of arty default hereunde~, and hereby severatly waivcs atf be~efit oi homestead sod exemptian under ths ca?~titvlbn a+~d Iews of each State of the United Stafes, as aga~nst this obi~yation or any extsns~oo a renewsl herwf. Wi~ness tFx hand and seal of each party. . s/ H~rard B. Wilssn ~ ..t t:.~ : ~ , cs~?u . . Gladys W. Wil~en ~ ~ S 14. 25 ) Stsre Revenue ~u t~sq~s saa~tled ~ ~aytrstm4) NOW, THEREFORE, the MORTGAGOR for the purpose of aetvring payment of ssid sum of S 9•~0 and tl~ performancs o/ thi cavenants and ag.eements f?era+nafter expreued, and fw d~vers good and vslvable considerations, by thes~ pretMtf, does gr~~t, barpain, sell, remise, retease, convey and confirm unto the MORTGA~E, iri successors and assigns, atl that certain lot, piece or parcal of (and, sitwt~, lyinp, and beitg in ths i `a+^~Y - $t'. ~'UCie ~ed Stats of Flwida, described as folbws: ' Lot 12, Block 14, SUNRISB SSTA?BS, accerding te the plat th~r~e! on lile in Pla,t Beok 8, Page 7S, public zec~rds o! St. I.ucfe County, Rlorida. ~ ~ ~Slis- ~03-0~67- ood ~ / ~ u~ sM.r . By agresu~nt o# Mortqagor and Mertyage~ en til~ with € Mortgayee, the within ~ertqage s~cures not only an ' ~ existing ind~btedaess, but also ADVANCBS te be I~RB- AF18R rd?da by MortgagQe te Mertqagor, the agqregate ; of which will ~qual the principal aaount sp~cili~d ~ in tht preafssory nefQ s~cured hereby. ; . . _ ~ _ % ~N P1PM+E?R~~ ~ ; N STATE Fl._ORIJA~ ~ a~~'"j~ ~~19"~u : ~~z DOCUMENTARY ~-.:.~STAM P T t~ X{ TO pp~i:~e ~ ~ c'' " OEPT. OF REYEYUE'!:~`S : f ~ f~'~ j Jl. l~~E CA•~ fll~ ~O- t° - P.6. - JUM25'76~:~~-~,- Z 5 ~ CI,fAK GIitC~~t ' ~ ~ : ~ «2 _ . i ~ . f r ethtr with a!1 and si Y og ngular the tenements, hereditamenb and appurtsntes inereuMO belcx?girg p in anywise appertaininp fherefo, and sll ~tntf, isfws, p~xeeds and p?ofits atuuing and to accrue from said premixs, sll of which ue included in tF~e ~bove and fwegoiny description ~nd Mbeodwn. TO HAVE AND TO HOID the above desuibed and gnnted prcmises unto the said AM1pRTGAGEE, ib wccessors and auipns fwewr. Md tl» said ~ MORTGAGOR fw Fiein, executws, administrators and auigns, hereby covensnn with the said MORTGAGEE, its ~uaessors ~rfd astiper, rhat Iawfully seizcd of the said premises in (ee simple; that the same are free, ckar snd discharyed from ~11 lien~t u~d ~rKwef i brances in tsw w in equity, and tha+ th@y will ar~d their ~uy shall wsrrant ~nd defend t}M titlt to tM s~nN to tlf~ s~id MORTGAGEE, ib successors and assgns, forever agsinst tne Iawful claims and demands of all pertw?s; ' PROVIDED, ALWAYS thst if the MORTGAGOR shall pay u~to the MORTGAGEE the promissory note her~i~befwt dascribed and shi1) t?~ly, prOmpfly and fully perform, diuharge, execute, comptete, compty with and abide by each and every rhe stipulationa, ayaeements, condhiom and covtr?~nb of said promisswy no~e and of thi~ Mortgage, then this Mortg~ge and the Estate hereby ueated shall cease and be ~ull and void. IT IS UNDERSTOOp that the word "Mwtgagw•• whether in the singvlsr ot pl~~al ~nywhere in this Mortgape, shall b~ sinyular if on~ only u~d : shall be pl~ral jointly u+d sererally if more than o~e, ar+d that the word "their" ~s ufad ~nywhere in this Mortppe :hall be taken to me~n "hu;' '7~er~," ~ y t w"in;' wFxrever 1Fx context so implies w ~dmifs. Alw, that wl+erever there is a reference in the cwe~anb ~nd syreamenri hsrein contaiMd to ~ny pf < ~he pa?ties herero, fhe saroe shall b~ construed to me~n aa well aa ~I?e heirs, legal representatives, svcceswn and ~i~gro (~itFw volum~ry bp ~d of tM parlies or involuntary by operatiw~ of the !aw) of ihe same and lhat the tovenants here~n conr•~ned sh~tl bind •nd tM bensfin u~d adv~ntpe~ inw• ttt~~~ttt+++~~~ ` ro the retpective hein, kgat represe~tatires, succeuors and ~ss'gns of tF~e psrtKS herero. Md s~id Mortgagws, for themxlves ind their hein, leg~l rep~esemstivss, iuccessors and auigns, hereby jointly and swer~lly coven~nf arw! aprN { +o ~r?d with ttx aid MORTGAGEE, its succeuors and assigns: y, c~ ~ 1. io pay ~q and singvle~ the principal ard interest and the var;ous and sundry suma of mw~eY paYabk by virtw of s~id promiswry note, and tha r" mortgaye. ~ach snd every. promptly on the dayt ~eapectively the seme severally become due. 2. To p~y all a~d ~inpvlar the taxes, asseuments, levies, liabiliries. oblig~tioe~s a~d e~cvmbrances of every natwe ~nd kfnd now o~ said destrib~d s property, o? that hereafte? msY be impo~ed, suffereA. Pf~ted, tevied, or asussed tlxreon, or !Mt heieafter msr bs kvied a asetsed ~ipw~ tl~ Nlortp- : +gs, w tht indebtedneu secured hereby ~ach and every, when due and payable, accordirg to law, befae lhey become delinqwnt, and b+fort ~ny int~ttsl d arTachei a any penalty ~s inc~rred; ANO INSOFAR AS ANY THEREOi IS OF RKORD THE SAME SHAtI 8f PROAAPiIY SATISflfO AND OISCHIIRGED OF t RECORD AND THf ORIG1NAl OFF1CIAl DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIALtY ENDORSED ; OR CERTIFlED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event th~t ~ny tlKreof it rw~ pa~d, sat'sfied snd discharged sa'd MORTGAGEE may ar a~y t~me pay rhe same or any p~A ~he~eof witlwut waiviny w alfectinp ~ny option, lien, puify a •~qht under a by virtue of this mortgage and rhe full amount of esch and every such payment shall be immediately dv! ~nd p~y~ble and sMll btar inlNtst ~rom the date thereo! until pa[d at rate of n~ne per centum per annum and together w~th scch interes~ sball be ucwed by the tien of th:t mwgtsqe. = - , r_ - ; _ r. . _ e+^~':~