HomeMy WebLinkAbout2370 ?f_~3[;f3~;
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THIS INDENTURE, h1ad3' thc 2Ot~ aey of ~~aY - _ A.D. 19 7S
, bet~•een
_ ~ _ i__S~~u4~y_ tt. wil~ia~ms_~Q~ ~ian~_n~, wiLli~mg,_hi~~i~~ ~
of ~tc~ ~~~i@ Covnty Florid~. herainafter detignate.l et the "A1nRTGnGOR," and FIRST fEDERAI SAVINCS AND IOAN
ASSOCIATION OF fORT PIERCE, a corpo~ahon orqtnized artd existing un.fe~ ihe la~,.s o( the Unttgd Stetus of America and having its prindpal place of
bus;ness in tha City o( Forl Pierce, St. lucia County, Florida, hetCinalizf.~ei~9nat~d as IhZ ''MOR(GAGEE."
WHEREAS the ~.IORTGAGOR is j~stly i~~debtad to ihe h10RTGA~'iEE in ihe wm of 5.__29~200!O0 good and law•ful money o( ~he~United
States advancrJ by tha t.-'.C~RiGAGEE unto the 1~50RTGAGOR, as avide~u~d by a cuta:n promissory note u( even date herewith, of which iha followinc~ in
~vords and ures is a truc copy, to-wii:
s 29,20~.00 ho~1002135G
fort Pforca, Florida, ~ r~y 20 19 7'S
F~. va;ue reieived, 1, ~vr o~ ci!her of us, p:om;se to pay, v:ithout deialcation, fo ~hc order of fIRST FEDERAL SAVINGS AND LOAN A$$OCIATION OP
FORT PIERCE a? Fort Pi~rcc•. : ~orid~, tFe sum oi S2~ t 200~ ~v~~i~ i~~trr~st from da!e at ihe rate of 8!
7S'o per annum, in mo~Vhly ins1a11• .
menls ~s fo;!o.tis: S_24~' ~ Ofl en the 2Qth Jay of __'july-_ 19 75 and a li~e wm un tha co~reapond~ng day of esch manth there-
- aher vntii N~a whole be f.dly paEd. ~
E3ch instalimaN tirs? sha~! be appfied in peyment of 1hz intrrest and 1}~en c~n the unpa~d balance oi tfi~ prinupal su~n. If de(ault is made in fhe
pa~ment of any.inst~l;ment when due, and wch d:fau'.t continues 30 days, then at ~he op'~on of tiie holder, and wiihout any other nolice, all the remaining
installments shall be due and payab!c at once. Privitege is 9ivcn to prapay this note in who!e or in part at any time withoul penaliy. Neitf~er forebearancz,
nor acceplance by ~he holder therrof aih=r any defauh in any payrnents hereon, shall 6? dee~:ied extension. A la'e paymenl charge o{ S 12 ~ 05 , shall be
added to each instali,nenl rernaining unpa:d 7 days aiter its dve date, anci a liAe wm sha11 be addrd to each such insfallment temaining ~npaid 7 days after
each succceding pa7m.ent date. -
Each mak;r, wrety ar.d endorser h~reof, jointly and several!y, w,•a~ves de~i~+nd, presentnient protest and notice of ~rotest for nonpaymenf; and furthe~
agrees to any extens+on ~,f rime of payment, cith•,r bafore or aft_-r maturity, wi:,iout notiie to any of us; ar.d to pay all costs of tollection, induding a
reasonable a~torney's fee in the evenr of any d~~fault he~aund::r, and hereby se:e+atty .va+ves all benefit oi homestead and excmption undet the constitution
,~nd !a.vs of each S~ati of the Unitecl States, as ~gainst this obli~alion or ary exter,aicn or renewal he:eoi. -
Ylitness the h3nd and•seal ef cach pariy.
, s/Gregory R• W~111a,IDS (SEAL)
. (SEAI)
~ s/viane iQe ~W~1~~.aID3 (SEAL)
$43.80 - - , tseAi~
State Revenue - .
{6fDT}TS~Rtt+!'~'O~rA~ilJ'T'J.~ ~1e1H ~ . :
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NO'.V, THEREFCRE, the ASORTGAGUR for the purpose of aecuring payment of sa+d sum ot s• 29~2~•00 and the performance of the
covenants and a9reements hereinatter expressed, and far divzrs good and voluab!e consideraTions, by fhese presents, dces granf, bargain, sell, remise,
. release, convey a~:d conf+rm'~mo the M~RTGAGEE, its successors and assi9r.s, all ti~jt certain lof, pizce or parcel of land, situate, lying, and being in the
. County of St • I.UC~@ ar.d State of florida, deacribed as follows: -
Lot 4, Block 70, LAKEC,pOD PARK UVI'T NO.~, according to the plat thereof on file
in Plat Boak 11~ Page 13~ Public Records of St. Lucie County, Florida~
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tugether ,~vith ail an~i singular th~ ten~~r:en!s, hered~rarr.ents and apFurtances thereuNO belong~ng or in anywite appertai~ing thereto, and all ~eNS, issut~,
procerds and profits accruing and to accrue frum said premises, ail of wh~ch are included in the ebove and foregoing description and haixndom. ~
TO HAVE AND TO HO~D 1F.e above describcd and granTed premises ~n1o the said MORTGAGEE, its sutressors and assigns forever. Md ihe said ;
t~heir ~
MORTG OR (or heirs, executo~s, admSnisrrasors aiid asslgns, hereby covenanta wi~h the iaid MORTGAGEE, its successors and aasigns,
~ ~~iey are ~
~ thal lawfulty seized oi ihe said prem~ses in iee simple; that the same ate iree, clear and dischatged from all lie~s and encvm- ~
brances in law or in equity, and that they will and thel r heirs shall warrant and deFentl the title to the ~ame te the said
h;ORTGAGEE, its successors and assigns, forever against the law(ul daims and demands of all persons;
PRO`~IDED, AL\YAYS that if the MORT~AGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promplly
and folly perform, d~scharge, exet~le, comp!ete, tompiy with aad xb+de by eath and every the stipulations, agreements, conditions and tovenants of said ~
promi ~sory note and of this /~1ort9age, then this lAortgage and the Estate hereby created shall cease and be null and void. ~
IT IS UNDFRSTOOD that the word "Mor:gagar" whether in the s~ngular or plura) any~vhere in this 1/lorfgage, shall be singular if one onfy and
shall be plural ;ointly and severally if more than one, a~d that the v.•ord "their" as used anywhere in thit Mort9age shall be taken fo mean "his;' "hers," ;
_ or "its,"_vvherever the context so i-npfies or admits. Also, that wherever there is a reference in the covenants a~d agreements herein contained to any ol. ~
° the parties hereto, the same_ shafl be consrrued to mean as v~el) a: the heirs, legal representatives, successors and ass:gns (either voluntary by acl of the ~
parties or involuntary tiy operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantage~ inure ~
to the respective heirs, legal representatives, successors and ass'gns of the parties herelo. ~
And said ldortgagors, for themselves and their heirs, legal represeNatives, successor• and assigns, hereby joinNy and severolly ct,venant and a{~ree ~ ~
-to and with the said MORTGAGEE, its successors and ass+gns: _ ?
W - ~
1. To pay all and siryular the printipal and interest and the various and sundry sums of money p~yable by virtue of said promissory note, and thit J
mort a e, each and ever rom tl on the da s res edivet the same severafl become d~e. ~
99 Y.P P Y Y P Y Y
2_ io pay all and sing~lar the ta,ces, assessments, levies, liabilities, obligations ar.d er,cumbrances of every nature a~d kind naw on said described ~
property, or that hereaftcr may bt imposed, suffered, pEaced, levied, or assessed thereon, or tha! hereafter may be levied w assessed ~pon ihis Mortg-
~age, u the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, snd before any interest
atlacnes or any penalty is ir.curred; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AYD DISCHARGED OF ~ ~
RECORU AND iHE ORIGlNAI OFilCIAI DOCUMENT (SUCH !'.5, fOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTiON PAPER OFF(CIAItY ENDORSED p~p ~
OR ~ERTIFIED) SHAIt BE PLACED IN TME HANDS OF SAID h!ORTGAGEE Y.'I1HIN TEN UAYS NEXT AFTER PAYIrENT; and in the event that any thereof is not ~
paid, sat sfied and discharged sa'd t1.ORTGAGEE may at any t~me pay the sarne or any part thereof withouf waiving or affedirtg any oplion, lien, tqvity or p~
.iqht under or by virtue of this mortgage anr! the full amount of each and every such payment shall be immed~ately due and payable and shall bear interest . ~
irom Ihe date thereof vntil paid at rate of nine per cent~m per annum and together w~th svcfi interest shall be sec~red by the lien of th:s morgtage.