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Home My WebLink About1512 ~ ~~~~6~ THIS INDENTURE, A1ade Ihr 13th . day of ~11y - A.D. 19 75 betwee~ ~ " ~ Y ~ ' . . . . r . - l9illiam T. ~9e11~ and t~9yra L. tti'ells~ his w fe ' ~ of $t ~ I.uC3'e County Florida, hereina(te? des:g~ated as the "h50RTGAGOR;' and FIRSi FEOFRAI S~VINGS AND IOAN ASSO~.IATION OF FORT PIERCE, a torpo•ation orgapized and existing under Ihe laws of the United Stat~s of Amerita and haviny iis printipal place uf bwineis in the City of Fcrt Pie~co, St. l~cie County, Florida, herei~after designaled as tha "h10P.1GAGEE:' , ' ; WHEREAS iha h10RTGAGOR is jwtly indtbted to ~he h10RTGAGEE in the sum of S_~Q~iQQ__ 9ood and lew(v1 monay of ihe Unitad ~ States advanced by the MORTGAGEE unto the MQRTGAGOR, as evidenced by a cerlain promissory note o( even date t~e•awith, of which 1he (ollowing in i words and fi ures ia a truu copy, to-wit: = 12 ~ 00~.00 No 13000042 ~`..T _Y ; Fort Pierce, Florida, I+1av -13 ~q 75 ' ; For value ~eceived, I, we or either of us, promise i~ pay, without defalca~ion! to thv oidzr of FIRST f[DERAI SAVINGS AND LOAN ASSOCIATION OF FURT PIERCE at Fort Pizrce, flo~ida, the sum of S~~-fnOO~OO _~.,;~h interes? irom date at the rate of 9~~ °o per annum, in mon?hly install- ments as fo{lows: S-1~~-0--- on the _ 2O~h day of JUriF' , 19?5 and a like sum on tha c~rresponding day of ~each momh ihere- after until the ~vho!e be fully paid. ~ " • Each installment first shall be applie~ in payment of the interest and It~en on the unpaid balance of tha principal sum. If default is rr~de in the paymeM of any installment when due, and such defautt contir.ues 30 days, then at the c~~ion of the holder, and without any other notice, all the remaining - - installmznts shall be due and payab!e at once. Pri~•ilege is given to prepay this note in whote or in part at any t~me without pennlty. Neither forebearance, nor acceptance by the holder thereof a(ter any default in an; paymenta hereon, shall be deemed extension. A late payment charge of ~ 5~~0 shall be added to each installmer.t remaining unpa d 7 days after its due date, and a like sum shall be added to eacli such installment remaining unpaid 7 days after each succeeding payment date. . ' - Each maker,'wrety and endorser hereof, joinrly and severally~ H'3iV@S demand, preserrtment peotesl and notice of prolest for nonpnyment, ~and turthe? ' agrres to any extension of time of paynanC, e~~her bafore or after maturity, without notice to any of us; a~zd to pay all costs of cu!lection, includ~ng a _ reasonable attomey's fee in the event of any clefauh hereunder, and hereby sevrrally waives all benetit of homestead and exemption under the constitutton and lax•s of each State of tha United States, as against Ihis obl~galion or ~ny extension or renevial he~eof. Witness the hand and seal of each party. ' ~ : _ ~ . ' - - - . f - , . _ s/ <<lilliam T. ~+'ells (SEAL) . } . . ~ - - (SEAL) _ s/ biyra I_, tde2ls ' (SEA~) . 18 OO - _ . - (SEAL) _ ( ~ ) State Revenue , . ' - (b?+ryP+.saw~cliad-o~ -o~:gi~1-wc~e) , _ . NOW, THEREF012E, shs MORTGAGOR for the purpcse of securing paymeM of said sum of 5.~.2•~n~•~Q , and the performance of the covenaNS and agreemems hereinafter expressed, and for divers good artd vatuable considerations, by these preseMS, dces grant, bargain, seil, remise, release, convey and_ confirm um~ the MORTGAGEE, its successors and assig~s, all that certain lot, piece or parce) of land, situaie, lying, and being in the ~ County of St . LUC1@ and State of Florida, described as follows: ~ ` ~ Lot 15, RZock 3, of the revised plat of TROPICS Sill~DIVISIO;l, as per plat thereof on file in -Plat I?ook 6~- Page 21, of the public -records of St. Lucie Countyr Florida~ ~/.33~~Q~--Od;~Q- ODD/~ , _ _ - RECEtVED S ~D IN PAYMENT OF TAXES - . . . . - . . - - . . DUE Oq ~~'lSS 'C' INFANGIBLE ~ERSONAL PRO?ERfY, -c'= ~ ~ ~ i C} ~ ~ PURSUANT ~0 C ROG~R7PGIiRAS TS OF 1911. ~?'~1 ~ TAT E ~ ~ - D4 ~ti~'~SEtJTL~R ST~ir'1 P, fi X~ _ ~LERK CIRCUIT COU(iT~ ST. ~UCIE C0, FIR. _ `V DE~i. U~ HEYEf~JE, s~ ~ ~ . 2 r- - . ~ - - . A, ~ . . _ . . ' . , 1 - ~ - ea.= -:w.t5,t~~`;~,;~'_~ 1 v 0 ~ _ . o "i~z _ ~ . : - _ . . . . _ ~ f together wi!h all and singular the tertements, he~editaments and appurlances thereunto belonging ar in anywise appertaining thereto, and a!~ rents, issues, proceeds and profiis accruing and to accr~e from said premises, all of which are intluded in the above and foregoing desviption and habendum. TO HAVE AND TO HOID the above described and granted premises ~nto the uid MORTGAGEE, itt svcsessor: and assigns forever. And the faid MORTGAGOR fw -~Q~L--- heirs, executors, administrators and assigns, hereby covenants r~ith the said MORiGAGEE, its svcceuors and assty~n, thst -~Q-3t-~~--- lawfully seized of the said prem~ses in fee simple; that the same are free, clear and discharged from all liens ~ and ancurr~ ~ brances in Isw ot in eqvity, and that_ ~hey will and thelr heirs shall warrant an~ defertd the title to the sams to the said ~ /dORTGAGEE, it: successon an~ assigr.s, forover against the lawful cfaim} and de,nands of all persons; - - PROVIaED, ALINAYS that if the MORTGAGOk shall pay unto the MORTGAGEE the. promisswy nofe hereinbefcre defuibed and shaU truly, promptly - and fully perform, d~scharge, execule, tom.ptete, comply wifh and ab:de by each artd every the stipulations, agreeme~ts, conditio~s and covenanti of said promissory n~te and of Ihis Mortgage, then this Mortgage ar.d the Estate hercby created shall cease and be nvll and void. - IT IS UNaERSTOOD ihat fhe word "Mortgagor" w•hether in the s~ngula~ or ptural anywhere in this Mwtgage, shall be singvlar if one only and • shall be plural jointly and severally if more than o~e, and that the wad "iheir" as us~d anywhere in thEs Mortgage shall be taken to mean "his," "hers," . oa ~ = or "its;' wherever the context so implies w admits. Alto, thaf wherever there is a re(erente in the covenants and a8reemsnti herein contained to any of oa~ _ the parties hereto, the same shall be construed to mean as weli as"the he;rs, legal representatives, suctessori and assign: (either vol~nlary by act of the ~ parties ot F~votvntary by optrotion of ths law) of the same and that the tovenants herein to~tained sha11 bind and the benefits and adrantages inure ro the resprctive heirs, legat representatives, svccessors and ass'gns of the ~arties hertto. ~ - And said :4lorrgagvrs, for themselves -an~ their heirs, legal represenlatives, svccessors and as~igns, hereby jointly and Kverelly covenant and agree ~ ro ans! with the aaid MORiGAGEE, iti successors and assigns: - _ - .,n 1. To pay all and singvtar the principal and interest and the various and wndry sums of money payable by virtve of said promiuory nofc, snd thii ~ mortga~e~ each.and every", promptly on the days respectively the same severelly become due. - _ rn - 2. To pay atl and singular the taxes, assessmer:ts, levies, lisbililies, obligations and encvmbrances of every ~ature and kind now an said desc?ibed ~ ptoperiy, or that hereafrer may be imposed, suffered, plxed, levied, o~ sssessrd tnereon, ot that hereafter may be (avieal or assESSed upon this Motf~,- ~ _ age, w the indebtednest trcured hereby, each and e•~ery, when due and payable, according to lsw, before they become delinquenl, and before sny interest ~+,~r~ artacFes or any penalty is incurred; AND 1NSOfAR AS ANY THEREOF IS O~ RKORD THE SAME SHAIL 8E PR0.4~PTlY SATISfIED AND DISCHARGED OF ~ii RECORD AND THE ORIGthAI OFFICIAL DOCUMEN7 (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR 7HE SATISFACTION PAPER OFFIt1AllY ENDORSED . ~R CERTIFIED) SHAII BE PIACEU IN TNE HANDS OF SAID NSORTGAGEE vJ1THIN TEN1 DAYS NEXT A~TER PAYMENT; and in the e~ent thal any thereof is not pa~d, satsfied and discharged sa'.d MORTGAGEE may at any time pay the samt or any part thereof without waivir.g or affetting any option, lien, equity or riGht under cr by virtue of this :swrtgage ~rtd the fvll amount of each and every svch paymenT shall be immediately due and payable artd shall bear intetesf ;rom the date thereof ~ntil paid at rate c: :;ne per centum per annum and together w~~h svch interest sha!I be secured by the lien of tfi:s morglsQa. . ~ ~ f ~ _ i