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HomeMy WebLinkAbout2755 3, . ? ~ t . ~ l; e THIS INDENTURE. M+d~ il•i~ t~. h ~y of A.D. 19~ betw~ _ Mos~s R~Ck~__Bri(L~8~9E#n Ri rk4r h~ g}~1'@~ ~ nf ~~..r ~L76^.~f~. Ca,nry Fiaid+, Mr+inaf!ir d~aipnated as the "MURTGAGOR," and FIRST FEOERA! 5,4VINGS AND LOAN ASSOCIATIb~I OF FORT PIERCE, ~ corpor~tion or9ani:ed ~nd exi~tinq undar tM lew•t of the Unitsd Stet~~ of Americs end h~vin9 itf principsl pl~ce of buiinqa L~ tM Gity of Port Pi~m, St. Luti~ Counry, flaid~, Mninah~r d~~iqn~ted a• tM "MOR?GAGEE." WMEREAS fM MUitTGAGOR is justly ind~bted ro ti» MORTGAGEE in ths sum of ;~sd~~_:__00 , good and lawfu! munoy of the United $t+tss advanced by tM MORTGAGEE unto tM Mt7RTGAGOR, es evidanted by a crrtain promi~sory nota of even date herewith, of whith tha followinq in words •nd fiyur~s is a trw copy, to-wit: ~ 1~ ~ OOQ .4~` July 12, t9 Fort Pierc~, Florida, For vatue receiv~d, I, we or eith~r of us, promYise tn pay, without defslcation, to the order oF FIRST FEDERAI LSAVINGS~ AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, f~orid~, the •um, ~ofy S~?,, ~ ~Q~ -yQ - with inteLrest from date at the rate ofV~.G,3;~O per annum, in monthly instali- ments aa follaws: ~-3. ~0 on thai.~-~-LL- day af ___~lQ~~__. 19_.52~ snd a like tum on tha corretponding day of aath month there- afrer vntil the whoi~ be f~lly p.id. Eech ;natellment first shalt be applied in payment of the interest and then on the unpa~d balance of the princ~pal •um. If default it made in the payment of any installment when d~e, anc! such default continues 30 days, then et the optien of the ho!der, and without any other notite, all the rem~ining installmentt shell be due and psyable at once. Privileqe is qiven to prepay thi~ note in whola or in pari at any time without pr.nalty. Neither forebaar~nce, nor atteptance by fhe hoider thereof after eny default in eny peyment~ hercon, shall be deerned extension. A tate payment charge of sh~i! be added to eech installment r~maining unpaid 7 day~ after its due date, end • tike sum shall be adtled to ea:h such installment remeining unpsid 7 deys eft~r each tucctading payment date. Each meker, surety and endorser hereof, jantly end ~evera~ly, waives deman.~, presentment protest.snd notice of Frotest for no~payment, and further agreea to any extention of time of payment, either beforo or efter maturity, without notice to any af us; end to pay all cosTS of collection, int~udinfl e ree~onable atrorney'e fee in rhe event of any default hereunder, and hereby severaily waives nll benefit of homestead and exemption under the constitution and laws of each State of the U~~ted State~, as against this obliQation or any extensinn or renewal hereof. Witnes• the hand and seal ot each party. Sf M~ses Bieks ~SE~I) S f C~18An R i ck s (SEAI) (SEAL) C (SEAL) ( ~ ~ ' ) Stets Rewnue (St~mps cancelled on ori9inel note) NOW, THEREFORE, the MORTGAGOR for tho purpo~e of securing payment of seid sum of S 5• • snd the performance of th~ covensnts ~rni agretrr,ent~ hereinafter expressed, and for divcr~ 9ood er.d v~lueble tonsiderations, by ihe~a presents, does qrant, b::yain, tell, remise, releasa, convey snd confirm u~to the MORTGAGEE, its succeswri end aaigna, •II that certain ioL piecs nr pertel of Isnd, tituete, lyinq, and beinq in the Cour.ry of S~ . ~,uC ~8_--_ and State of Florida, da~cribod a• fo~lowt: The West 119.5 feet of' the South 50 feet of unnumbered p~.rt of McCULLER' S SUBDIVISIUN as recorded in Plat aook page 3~., of the public records ~f St. Lucie County, Fl.orida, ~ And mortgagors covenant that they ~ere the identical individuals named as grantesa in the Warranty Deed frorr~ Abbey Brown, a~ridow, ta Moses Ricks and Coleen Ricks, his wife, and bearing date of May 21, 1951~, recorded July 21, i954; in Deed Book 192, pabe 467, o~' tr.e public records Qf St. Lucie County. Florida, REC~iO/ED O° - iN ~AYM~1170r7A1Ir5 < OUEON ClJtSS'C' tMTRfIf,IBLE ~ERSONAL F'pO~ERTY, ~ ~~A~~ ~ OF O R~ U~' PURSUANY TO CHAPTER 2072d. ACFS OF 1861, V~ ~C~MF~IrApw TAMP TAX R'JGER PUITRAS, C6erk Clrcait C~urt y -.N1i.13`65-`e~ y _ = os ABaM for CU~?TIS dVt. ~AN~c'~ a _ - ti~,l _ 7 rJ o= St. Lucie Cs~unty Tax G~flsctar ; ~ . _ r I V COMPTRCLLER x' pg,19D133 y°~' ' - By DEPUTY CLERK ~ together with all snd iingular the Penemtnts, hereditaments ant~ appurtences thereunto belonging or in snywif~ appertainfny thereto, •n~ al) renri, iuuos, proreedi and prof~ts accruing snd to accrue from said premises, all of which ara inclusled in the ebova snd foreQoiny deuriptiGn at~d habendum. TO HAVE AND TO HOLD the abeve daacribed and granted premises unto the ~aid MOR7GAGEE, iti tutceisor~ snd assiyns forevK. A~d fhs faid MORTGAGOy,RQ fTo'r htirs, exetutort, administratnrs and ess!gns, hereby tovenanti wifh the ssid MORTGAGEE, it~ fucceuon •nd ~pigns, that -~--~~+~-~a- ~awfully uized of the said premi~cs in fee simple; fhst the same •re free, ctaar and dixharged from all lieru •nd entum brances in lew or in equity, and !hat_ theY will and ~he ir heirs thall w~rrart end defe~d the title to the sems ro the ~sid MORTGAGEE. its svecessors snd aisignt, forevar a~ainst ihe lawfu~ claimi and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGQR ~hall pay unto the NIORTGAGEE tM promiuwy note hereinbefors described and ~hall truly, promptly ~ and fully pM~orm, dis<harge, exetute, cAmplete, comply with snd abide by each end every the ~tipulations; agreements, eonditions ~nd covsnsnts of ~aid promissory note and of thi• Mortgage, then 4hi• Mortpage and the Estate hereby created shs!I cease end be nufl and voi~. IT 95 UNDERSTpU~ that the word "Mortgaga" whether in the :ingular cx plur+l anywhere in this Mortflaqe, ~hsll be ~ir~qular ii ons only ,d •hall be pl~rel jointly ~nd reverally if more tha~ one, end tfiat thr word "their" r~ vsed inywhere in this Martgsqe ihall be taken to mean "hi~," "he~s," w"its," wherever the context ~o implirf w admits. Alw, that wherever there i• a reference in the covenanro and preements htvein cvntained to eny o'F rhe parties hereto, the sams thell ba construrd to mean a• well a~ the heirr, leyel r~presentatives, svcces~ors snd sssiyns (either volunvsry by ~ct of tha parties or invol~ntery by oparation of the Iew? of the tsme snd that the covenents herein contained shall bind •nd tha benefih and adr~ntaqes inur~ to the re~prctiv~ heirs, I~q~l representatives, iutceswrs snd su~gns of the parties herato. And said Mortgayan, for themselves ind Pheir hein, leps! rtprrcentatives, succd~wrs •nd istiflns, hRreby jointly ~nd sev~raily covenrnt and aqrfe to ~nd with tt+e »id MORTGAGEE, its E~cce~sori snd sssi9ns: 1. To pay all and singular the prirx~pal and interest and tlx vsrioua and sundry auma of money pay~ble by virtue of uid pramissosy note, end thft mortpapo, ~ath ~nd ~wry, promptly on tM days raspectiv+ly the same a~vera!ly becom~ du~. 2. To pay all and ~ingulsr fhe tsxes, ~ssessmenn, levief, liabilitiet, obliyatiens arid ~ncvmbrance~t of every nat~re and kind naw on aeid d~scribed prop~rty, w that ~fien~ht? mey b~ impossd, suffs~~d, plxed, Iwied, or ~sstssed thereo~, or shat hsrisftr m~y be lavied o~ asseued upa? thh Matq- +qe, w th~ intf~bredness setured hereby, each ar+d every, when due ar~d payabtt. ~c<ordirg to law, befor+ they bKOm. deli~squtnt, snd b~fwa any i~t~r~tt ~ttech~s a~ny penal!y is incurred; ANp INSOfAR AS ANY TMEREOf IS OF RECORD THE SAlAE SHAII BE PROMPTLY SATISFIED AND DiSCH/lRGED Of RECORD AND THE ORiGINAI aFFIC1Al DOCUMENT (SUCN AS, FOR INSTANCE, TME TAX RECEIPT OR TME SATISFACTIdN PAPER OFFIt3ALlY ENpORSED OR CERTlFIEG) SHAII OE PLACED fN THE HANDS OF SA10 MGRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; •nd in the eveni tti~t eny ther~of is not paid, ~at'sfi:d a~d dis<harged ss;d MORTGAGEE may at any time pey the s~me or •ny pert ffitreof withou? waiving or affectiny ~ny optio~, lien, equify o+ +lqht under or by virtue of thi• mortfla9e and the f~!! _•n+ovns of each ~nd every such payment shell be immedistely due and psyable and thalf l»ar intsrest ~rem the dste thereof untii pa+d a~ ro~e of nine per cen!~m per annum andOto$ethsr with wch inttre~t sFwtl be se<ured by the lien of fh:s morqtaqe. 1~ i