HomeMy WebLinkAbout0410 ~ ; `~~.~a4~. b
THIS INDEN(URE. Mada the 30th _ day of A.D. 19
7~5 betwsen
Wil~ts F= Wa~~l and
~p~,~Ar~nl~ rd. h~s Q .^T _
of . St. LuC~~ . County Flo~ide, heroTnafter deek~nated es the "h!ORiGAGOR;' end FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIER~E, a corpo:asion orc~eni:td snd oxfstirtg'~nder the law: oi the United Stata• af Americe a~d haring hf principa! plecs of
bwlnes~ tn th~ ~(ty of Fo~f P?arce. St. lvde County, florlda, hereinafter designa~ed as Ihe "MORTGAGEE:' ~
WHEpkAS ihr NIORTGAGOR is jv~tly indebtad to ihe MORTGAGSE In ihe t~~m of a~~1~~_ , good and (awtul monay of the United
States advanc~d by the MORi~AGEE uMo fhe l~tORTGAt'sOR, as evidencec~ by a cer~a~n promissory note oF even date herfwith; of whrch iha (ollvwing i~ ~
words and tigurea ts a trua copy, to-wil: ~ ~ ~
~33,OOO.QO . No 10021373 ~
Forf Pic~ce, Florida. ~y 3O 19. 7~
For value received, I, wo'ur either of us, promise to pay, withovt defatcation, to the order of FIRSi fEDERAI SAVINGS AND L~AN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the svm of ~.~.-~Q~O~~ --,with interest from clate at Ihe rSte ~f ~aZgi:o per annum, in moMhly instelb
~ menls as follows: S_~~-a.~-_ on the -Z~1 day of J~ 1P~~ and a like sum o~ tfie corresponding d~y of each month the~e-
after until the whofe be fully paid. ~ ' .
Each instaliment first shall be applied in paymant af ihe .:nttrest and then on the ~npaid balance of the princ+pal tum. if detavlt is mada tn th~ '
~ paymeot of sny ins~a~tmant wt~en aue, ar.d such deta~lt co~tinues 30 days, then at thr cption of the t~alder, and without any other n~tice, all the ramatning
ins~ellmenls shall be due and payable at once. Privitegs is givan to prepay this note fn whole or in prrt at any time without penalty. Neithet forebeatsnte, ,
nor, acceptanta by the hofder thereof after any c~efault i~ any payments hareon, shall be deemed axfensio,~. A lato payme~l tharge ot S~~ eha~l be _
added ro each ~nstallme~t remaining unpaid 7 days afler lts d~~r date, ~nd a like s~m shatl be addad to each svch inslaUment remaining vnpaid 7 days aftet
. ea:h svcceedin9 paYmem da1e. -
" Each maker; surety aad endorser hereof, ~oin~ly and severally, waives demand, presentrr~ent ~rotesf and notice of protesl for oonpaymant, end furthe~
agrees fo any exfension of time o~ payment, either bvfore o~ a(fer maturity, without notice io any of ua; and to pay ali tosfs oT collection, tncludiny a
~easonabie attorney's fee in the evens oi any defa~lt here~nder, and hereby severally waives all ben~fit of homesread and exemptiot, under the constitution
and laws o( each Stafe of 1f,e United States,~ as ayainst this obligation or any extens~on or renewal hereof. -
Witnefs lhe hand~and leal of each party. ~ - _`,s _
. . g/Wi11~WaTd - (~e~U -
_ . . ~ j ~ ~ K!i ~ ] ~ (SE~u)
~ _ - . . s/Lee "Ann Ward' ~ (s~?4~ _
_ . r, _
$49.50 . ~ i . ~ - .
' ~ Statc Revea~e . '~~I~ ~~~''~l:/~ _ - -
(Ss~~pa~ancall~d.ecLatiai~ol ~pote) - .
t . ~ : ~ t, 3~ , 000. 00 ~ " . _
NOW, THEREFOkE, the MORTGAGJR for the purpoae >>f xcvrlri9 paymen't oF sa~d sum of = aad the performance of ths
covenanti a~d apreemenls hereinafter expressed, and for diver: good nnd valuable ccns~~fentions, by theu present~, doe~ giaro, bargaln, sell, remise,
release, con~ey a,-:~ canfirm u~~lo the MORTGAGEE, ib avccessors and as~3gns, afl that v:rtain los, pirce or parcel of land, sit~ate, lyirtg, artd bein~ tn the _
_ County of S't. Lueie ~ ~ and State 9f Plorida, desvibed ss fotlowt:
- Lot 11, SHBRWOJD ACRSS, LMIT ON~, accordirtg to the plat thereof on f iie in Plat
- 8pok Y4, Page 43, Fublic Recoxds of St. Lucie County~, Flor ida;~
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i • - _ ~cE"r~° G ~n P~~Frrr oF T~ -
Dt~ ON GJ1SS ~C II~frAK618LE PESSOrt,~1 P.~O~ERry, -
_ ~r ~0 piAPTER ?1•13t, ACTS OF 1911.
" . . /~~p~/?~~/y~R roiuoks~~f ~1~ ~ - -
. . : . ' ' _ MiIM W~M/~I wM~1~f ~i a{/{~{~ ~ ~ . . ~ . . '
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t together with all and sirtgular tfie ttnemems, hereditaments and :pp~rtances thereunto bebx+girtg ar in anywisa appertainiry~thereto, and sl! re~t~, issws,
? prxeeds and profiss acuving and +o aarve from said premisas, all of wh~ch are included in tha sbore and forepang d~xrFption ~rtd habei~dwn:
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- TQ HAVE AND TO MOID the abore describrd and granted premises vnto the said MORTGAGEE, ih successors ar~d aui9ns forevet. Md tM said
~ ~ MORTGAI;OR for fhe~ r----- heirs, eaecutors, administr~tors snd assigns, hereby covresants with tix said MG'RTGAGEE, i» successors and auiQra, _
~~hat ~they are ~a~,f„uy seized of the wid p:emises in fee simple; that the unn sre free, clear a.-~d dixharged from_ ~II li~r+s -snd ~ncvm, -
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~ brances in !aw or in ?quity, and thal_~~_ w~li ar,o thAin c~irs shall warrsnt snd defend ti» title to tM ~ame to tM sald
( MORTGAGEE, its ivccessws and sssigns, forever against the lavrfu{ claims ar.d c~mands of all ~rsw~s; " ' _
~ PROVIDED, ALWAYS Ihst if the MORTGAGOR shall pay vnto the MORTGAGEE the ptomissory note haroinbefcre desuebed and sholl truly, promptt~l
and fully perform, d;uha~ge, execvte, tompleie, comply w~th snd abide by each ~r.d every the stiF.vlaYrons, syreements, co~iticrts and :~ovenanri of said
promissory no~r ~?nd of this Mongage, then this M.ortgege ar~d the Estate hereby ueateJ slu.l) uasa a;.d be nvtl and vaid.
~ IT_ IS UfVDERSTOOD thaf the word "Morigage•",whather in the singvlar or plwa) ~nywFx~e in this INortyaqe, shall 'u~ sinyvlar if one ot~ly and "
shatl be plural jointly and severslly if mare than one, arvj thal ihe ward "their" ss used snywhere in this JlRostgaqe sMll be t+kan ~o m:sn "h~; "'Mrs,"
# u"its; ' wnerever the cantexl w implies or sdmits. • Al~, t(ut wfierever there is a reference in tha covenants ana _spreements heroin tonlairad to arty of ~yye
the parties hersfo, thc same sfiall be tonstr~ied to mesn as well as tFie Sreirs, legsl rtp?escntatives, svtcessars and assi9ns (sitMt voluntary by ~d of tFw ~
q_ parties or invofuntary by operot~on of the law) cf the iane and thaf the covena~ts hbrein ca~ntained ~hall bFnd i~ tF1R blfflfl~f Md ~1IMt~q ~Ml~~ ~
to the respective htirs, legal representatives, s~ccesson artd ass~gm of the parties hercto. - , _
And said_Mortgagors, for themsalves and their- heen. ieyal representativa, wcceuor: a~nd sssgns. F~ereby iointiy and asver~lly oov~ait ~sid sproe ~
so ana with t!x said MORTGAGfE, its sirccesiars srid assigna: . : -
1. To pay alf a~ sing~lar the principal and interest and the varian snd su~dry wms of money payabk by virtve of said promissory nota, and thls ~
mort 9 a 9e. crch`~and rve
ry. P rom ptl y ors thE da ys res p e c ti`rr{ y the same severally become dve. _ - ~i
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- 2. To ~y all and siogerlar the 3axes, aueumenn, levies, lisbiiities, o5figatwns anei ence.ar?brinca of svery n~tv~e ~ns! kind naw on said dtserib~d
P~aFKtY, w that hereahsr er-zy be impo~ed, suffered, place~l; Ievled, a_ ssres~ed therean, or "thst he+geiter mar 6* levi~d or ss~ss~d upon thi~ Mor1~
- ags, or She indebtedreu sea+red hersby, each srd every, when due arA psyabk, sccor~irsg to .law, beforr Ihey become dslinque+:t. ~nd btf~t ~ny k?t~nq
altatFus or any per.altp is insvtred; AND INSOFAR AS ANY THEREOF 15 OF RKORD THE SJIMf SF~.AII 8f PR0J4~k'T[Y 5/~lTISFIED AND 015CHARGED OF
RECORD AND THE ORIGWAI OFPICIAL DOCUMENT (SUCH A5, FQR iPlSTANCE, THE TAX fcEGEfPT OR THE SATI$fACT10N .PAPER OFFICIALLY ENOORSfC -
OR CfR11FlED~ SHAII 8E PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in tha event tM* arty tfi~reof is na1
paid, ut'ified arv! discfiargcd sa:d MORTGAGEE may at any t:me pay fhe same or any part thereof witlw~t waivirq or •ffectirg any option, lisn, eqvity ~oe
.ipht under or by ~•irtue of tiis mortgsge and the full amount of each and eyery such payment shsll bt immetJiately dur and pay~bk srsd sMll bNr en3erts+
tram t}~e date thereof vntil paic aT :ate of nine per te~tvm ger annum snd together w~th sv~h interest sh~ll Irt secured by"the lien o# th;s mor~t~.
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