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HomeMy WebLinkAbout2990 : ~49550 ni~s ~NCE~rturte. µ.a. 2?th d,y of n~t~hsr ~.o. ~v1~fi-. b.n~,.«+/ Albert ~ Rigg~ e nd flel en (~~~i QQl A hi ~ir,ay ~ of s t. Luc ie ~~pyA~ Flpfii~. INfNMHM ~iI~1Mtd ~s th~ "MORTGAGOR;' and fIRST fEDERAI SAVINGS AND LOAN 1?SSOCIATION OF FORT PIERCE. • ~orpa+tion orqanis~d ~nd ~xiiti+p und~r tla taws of tM Unit~d St~ta of Amuic~ and havinp k~ princlpal p~+o~ of bwiMS~ in tM '.'ity d fat PiKa. St. luci~ Counry, flo~id~. M.~in+ftu d~sipnat~d a tM "MORTGAGEE." WNEREAS tM MORTGJIGOR M iustlr ind~b»d to th~ MORTGArsEE in tM wm of ~ 6• 500 • 00 pood and I~wful mary of th~ Un~ted St~tN advanad by tM MORTGAGEE ~nto th~ MORiGAGOR, u~videoced by • outain promiawy noq of ~wn dat~ her~with, of which tl+~ iollowinp in wad~ +nt! fipur~s b a hw aopy. bwih _ 6.500.00 ~ ' ~-e~ ~ P~.,n, Fb,~,, October 27, io..bLi_ Fp valw npiwd, 1, vw or ~itM~ of us, promis~ 1o p~Y. withoW d~f~lc~tion, fo 1h~ order of FIRST FE~ERAL SAVINGS AN~ LOAN ASSOCUITION OF FORT PIERCE ~t fwt P1tra, florida~, th~ wm of =~~.,,500 _ with lnte~~st from dat~ ~t th~ ra~~ of pe? av~wn. in na^thly imtal4 m.~n fo~~o~: s 59 • 00 on tht ~hd+y of DACA111bAr 19..~3~ and ~ lik~ swn on tM corrtipondinp day of ~ach month tMre- •ft~r unti) tlw whol~ b~ fully p~id. Each kutallm~nt fint ihall b~ applied in payment of tM interest ~nd thcn on th~ unpaid balsnc~ of tM p~irx~pal sum. If defauh is m+de In tl+~ p~yment of ~~y ir?stal{en~nt whtn dw. and wch dehult continues 30 days, theri'il the option of the holder, and without any otMt notice, all the remainug instal4nN+n ah~ll b~ dw ~nd piy~ at onu. Privilp~ b yiven to pnp+Y this not~ in wholt w in p+rt ~t any tim~ witho.?t p~oahy. Nsitlwr fw~b~+ranu, rwr ~cc~ptu~u by the hoW~r Nwr~of aAer any deiauh io s~+y paymenn Mreon, shall be des.ned extemio+?. A late payment chuy~ of ~2.~-~-. sh+ll b~ added to ~ad+ irutallment rsmaininp unpaid 7 days ~h~t ib dw d~t~. and a like wm sh+ll be added ~o each iuch installment remainin~ unpaid 7 d~ys afbt ~aeh sveeMdin9 WYm~e?t da». E+c~ mak~r, wr~ry and endo.se. h~.wf, jointly and severally, waives demand, p~esentment protest and notic~ of protest far ranp+ymenL aod funM~ •grsei fo any ~xt~nsion of tim~ of psyma+t, either befwe w ahe~ maturity, without notice to ~ny of vs; ~nd to pay all cosh of collection, intludieg a .easaubk snwn~y i fee in tM event of any default hereunder, and hereby uver~lly waives sll benefit of homestesd u+d exemptioe? under ths caaNtution snd I~ws of each Sate of tM Unit~d Sutes, as ~yainst this obliya~ion a any,a:tencbn w renewal lKreof. t~ ~ ~ ~ ~rn• S Alber ~wu S Helen a. R ggle ~?u cs~w cs~w c ~9 - ? 5 ~ u.,. R~. csf.mp. w~o.~~.d a+ oripsn~l nw.) NOW, THEREFORE. tM MORTGAGOR for tM purpose of securing psyment of said sum of S b~~~~ . and t!w pKfann~nc~ of tFw covenanb and apr~emN?b Mttinaha ~xprcased, u~d fa divers yood ae+d valvabk cauider+tans, by thet~ presa~ts, dots yrant, baryain, ~ell, remise, releas~, oonwy and oonfirm unw th~ M10itTGAGEE, iri succeuors +nd suiqns, all that cert~in lot. Piea w pucel of land, sitwtt, lyirg, and beinp tn tM ~~~ty o{ S t. Luc i e ,~od State of Florid~, d~scrib~d ~s follow~: Lot 35, Block 6, of TIICKER TERRACE, a 3ubdivision according to the plat~ thereof recorded in Plat Book 4, at page 54, of the public records oP St. Lucie County, Florida,r Od RECEIVED f isV PAYMENTOfTAX~ ' DUE ON CLAS3'G' 1!ITANGI9LE rERSJYAL PR~tERTT~ ' PU%,.~J~'1T *O CHAPfcR 20721, RGfS OF 1911~ - RG~t; ~ r':.?tf~.~;, Cl~rk Cltc~~t Cc~rf ~ ~F t- LU 1`21 v. as Ay.,nt f•~~ ~U-T!S M. JA,~t~S ~ r S..~A~AENTp~. ~ STAM_ ~ ~ r pOCU _ o~,~=Tt - s?. fax c~i.~~ ~ Z _~jzg~s r 9? 5= ~ _ - 6y DEt1lTY • ~ V COIaPTPOU~ ° - _ pg,~9o~3s r- top~tFwr with ~R and ~iequlu tM t~nsrnenn. 1»reditaments snd appuNU+ces therev~to b~lonpinp or ~ anywi~ appe?tainkg ti~an?o. ~nd ~II rar?ts, irsws. proaads ~nd profiq acav'aq and to ~arue from s~id premiies, sll of which u~ included in the ~bov~ and forpanp d~sniption and Mbendum. TO HAVE AND TO HOL~ tM sbove d~scribed +nd yr~nted pr~mises unto the s+id /MORTGAGEE, ib woceswn u~d assipna fwewr• Md 11r s~td MORTGAGOR fa *h91r hein, ~xacuton, ada+ir?isuston and euigns, hereby coven+ots with the uid MORTGACaEE, its wa~ason +nd asipns. that ~R-~.°-8re I~wfully ~iud of th~ s+id premiws in fee iimple: tMt tl+~ s~me ar~ fr», clesr and disch~rpsd from ~II U~ns and a~am? b.anas in law a in ~quity, and tha* t hA ~ will and th 4 ~ r hein sMll w~rraot ~nd def~nd tlr titb 1o the surw to tlr said MURTG/1GEE, itt svttes~o~s and assipra, fwsver ap+inst tM lawfu) tlakns ~nd dem~nds of all persons; PROVIDED, ALWAYS th+1 ff tF~ MORTGAGOR shall pay unto the MORTGAGEE tM promis~ory not~ hare'u~b~foro dauib~d and ah+ll trvly, promptly ~nd fully pafwm, dud~~rp~, ex~cvt~, compbt~, compfY with snd ~bide by e+ch and ~very the stipulatiom, preemen», ca~ditiau and ooven~t~ of s~7d promiswry not~ and of thia Maty~pe, t}~n this Mortyap~ ~nd tl+e Esute hereby aeated ~hall ceas~ ~nd be null ~nd void. IT IS UNDERSTOOD that tFr wwd "Mwt9~' whether in the sinpufa~ a plwd ~nywhere in this Mwtyaye, shall b~ sinp~~lar if on~ u?IS i •hall b~ plw~l ~o&+tly and awralFy H mor~ than on~, and that tM word "their" ~s used anywhere in tha Morty~ sMll be tak~n to m~+n •'hit.•• "hen:• or "Ns," whKw~ the oomext w knpli~s a admits. Also, rh.~ wFKreve~ rhen is ~ r•ferenc. in ~h. coven.nn •nd aprs.m.nn her.in oonriu»d ro.ny d fF+~ pa?tia herNO, t!K s+nw ih+ll b~ oomtrwd ro mean as vwll ~s tFa hsin, kyal represent~tiva, suaeswn ~nd auipro (eith~r vduntary by ~ct of th~ partin a invdvntary by opK~tia+ of th~ law) of th~ arM ~nd that tiu covensnts her~in contiand tMll bind ~nd tIw berwfits and ~dv~ntapn Inw~ +o tM r~sp~ctiw Mks, Ipal npresentatiws, wccessws and asi°yns of tM parti~s Mrtto. Md said Mortpaqon, for ttwmt~lva ~nd thtir Min, le~+l represent~tives, suctes~on ard auipr?s. I+treby jointly ~nd awrally tovena+t and pr~e w~nd with tM ~aid MORTGAGEE. it~ wassso~s a~d assfym: 1. To p+y ~II and sirg~lar th~ pr'mcipal and intersst and tM vuiou~ ~nd w~dry sums of morry paY~bl~ by virtu~ of s+id promiuwY noM. +nd N~b mwty+p~. ~ach and wKy. ProenPtly on the daps rtspectivtly th~ sam~ sewr~lly becorm dw. Z To p~y ~II and sigular tM tazu, ass~sumnts. Iwies. liabilit~es, obli~~tiaa and encumbr~nus of wery n+hx~ +nd Icjnd now on s~id dNC*i~d prop~rty, a tMt Mnafta nwy b~ irnpw~d. suffN~d. P~+ad. Isvi~d, w auess~d th~r~on, a that hereahe~ may b~ Iwi~d or as~eswd upon thN Mat~ p~, a~ht Yd~bl~dr»ss wax~d Irnbp. ~ath and tvery, wh~n dw a~d parabk. ~ccordirg to lhw, befon th~y becani dslinqwM. ~nd btton ~ny fMN~st anacMs or amr psnalty h intwr~dj ANO INSOFAR AS ANY THEREOF IS Of RKORD iHE SAME SHAII 6E PROMPTIY SATISFIEO AND OISCHARGfO OF RECORD AN~ THE ORIGINAL OFFICIAI DOCUMEM (SUCH AS, fOR INSTANCE, Tf1E TAX RECEIPT OR 7HE SATISFACTION PMER OFFICIALLY ENOORSED OR CERTIFIED) SHAII !E PLACED IN TNE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYN1fNT; and in the wsnt t!?N ~ny tMr~of is no1 paid, Nt:sfi~d and ditthar~ad ~aEd MORTGAGEE rrNy at any time pay tM iame w sny pan the~eof without waivinp o? ~ff~ttinp any option, liwn, eqtrity w •ipht undK or by virtve of thb mortya~ a~d tFK fvll ~mount oi each and every wch payment ~hall be ~mmed'uteFy dw and pr,.ae ~nd siuii bsu inter~st hom tM dat~ tMrto! u+til paid at r~te oi nine p~r c~~twn pe~ ~nnum and to~et ~t ~4~' te~eit sha red by M. lien of th:s morptaqt. d00K ~J ~ PACE ~~Oc7 ~ ~"'r c`~'.4r- ~ i~:~ ~ `r.~..~-.ss_. x E 4s r'_~t ~