HomeMy WebLinkAbout0356
THIS INDENTURE. Made the 18th day of 'Tut A.D. 19 69 betwea-
David L. Rink@r and Marshier S. R ftr, his wit@,_
of St • Luci@ County Florida, hereinafter designated as tM "MORTGAGOR," attd ftRST FEDERAL SAVINGS AND LOAN
ASSOCIATH~N OF FORT PIERCE, a corporation organized and existing under tM laws of tM United StatM od ~mafiu' and Mving its prindpal plan of
busirMw M the City of Fort Picrp, Sf. ludo Camay, Florida, bareataftsr designaNd as 1M "MORTGAGEE."
WHEREAS flse MORTGAGOR b jwtly indebted ro the MORTGAGEE to tM sum of :14,400.00 .good sad lawful ma,ey of 1M United
States advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by a cwtain promissory note of even date her with. of which tM following h
words and fpwes b a trw copy, lo•wh:
s 14,400.00 1,10 15,827
Fort Pl.ra. ~~ July 18, T9 69
Fo- valve received, 1, vve a either of us, promise ro P+Y. without defalcation, to tM orde- of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, 1M avers of = 14 , 400.00 with interest from date at tM rate of 7.75X per annum, in monthly instalE
menu a follows: s 109.00 an tM 5th d,y of S@Pteab@r ~ 19 69 and a like sum on tM correspasding day of each month than-
after until the whole be fully paid.
Each installment first shall be applied in payment of tM interest and then on tM unpaid balance of tM principal sum. If defauh h made h the
payment of any installment when dw, and such default Continues 30 days, then at tM opt'wn of tM holder, and without any other notice, all tM remairynp
instal4nents shall be due and payable at onu. Privilege is given to prepay this note in whoM a M part ii any Yune without pen+hy. Neither forebaarana,
nor aonptana by the holder thereof after any defauh in any P+Ym•nn hereon, shall be deemed extension. A late payment charge of >r s•45 shall be
added to each installment remaining unpaid 7 days after its dW date, and a lib sum shall be added to each such installment remaining unpaid 7 days afisr
each succeeding payment date.
Esds maker, wrety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further
agrees ro any extensan of time of payment, either before or after maturity, without notice to .any of us; and to pay all costs of collection, including a
reasonable attorney i fee in tM event of any defauh hereunder, and hereby severally waives all benefit of homestead and exemption under tM constitution
and laws of each State of tM United States, as against this obligation a any extension or renewal Mreof.
Witness tM hand .and seal of each party.
S/ David L. Rinker IsEAU
(SEAL)
S Marsha S. R raker ~U
-- (BEAU
r $21.60 ) sta» Revenue
(Stamps unallad on original note)
NOW, THEREFORE, 1M MORTGAGOR for tM purpose of secvrasg payment of said sum of S 14,400.00 ~ arsd tM performance of tM
covenants and agreements Mninafter expressed, and for divers good and valwbk consideraYans, by these presents, does grant, bargain, sell. remise,
release, convey and confirm unro tM MORTGAGEE, its successors and au'gns, all that certain lot, plea or parcel of Isnd, sitw», lying, and being in tM
County of St. Lucie ' end S»» of Florida, desvibed as fellows:
Lot 28, Block N, MARAVILLA SSTATBS, as per plat thereof on file in Plat Book 8,
page 77, Public Records of St. Lucie County, Florida,
.L~Vt
JY~4%
~ ~F ~J ~5~/ 60
ta_iA! ~P~ 3 _ Tn„ `, 2`
`• 5
HOC' uv °' 69 ? `~~~v '/
~y ~p F`~.
7~ ~ vt~'O ~ge ~~
y~pv c~~ ~qo`
Y~ Q'
~ ~ xES
~U IN PpYN~ PROPE+~
GlfilE PEF.SIG 1941.
W CIJ15S ~~g 724. ACSS ~
~,Eg p01~RpS, Clei NOj~ iOW~~ 1R
~ pgeiit foT 9pN1El T
g{, Eucie Coup JTax Collecto~, _~
! r~ ~
~ DEP~Y
together with all and singular tM tenannants, hsrrsditaments and appurtanoa thereumo belonging or in anywise appertaining thereto, and all rents, issues,
proceeds and profits acrxuing and to accrue from said premises, all of which are irtcMrdsd in tM above and foregoing description and Mbendum.
TO HAVE AND TO HOLD tM above desaibad and granted premises unro tM said MORTGAGEE, its uroussors and assigns forever. And tM veld
MORTGAGOR for their M'vs, executors, administrators and assign, hereby covenants with tM said 'MORTGAGEE. its waasons and assign,
that they ar@ lawfully seized of tM said premiws in fee simpler that tM same an free, clear and dncMrgad from all liens and enasnr
branocs in law or in equity, and tM* theg_ will end their Mira sMll warrant and defend tM thb to tM same to tM aces!
MORTGAGEE, its successors and assigns. forever against tM lawful claims and demands of all ptxsont
PROVIDED, ALWAYS that H tM MORTGAGOR slsall pay unto tM MORTGAGEE tM prorrinsory note hereinbefore described and shall truly, prornlstly
and fully perform. discharge, execv», complete. comply with and abide by each and every tM stipulations, agraarnertts, rxxtdition and eovenartM of said
promissory note and of this Nbrpage, then this Mortgage and tM Estate hereby created sMll csaw and be null and void.
IT IS UNDERSTOOD that tM word "Mortgagor'" wlwther in tM singulu a plural anywMn M this Mortgage, shall be singular if one only and
shag be plural toasty and severally if more than or-e, and that tM word "their" as used anywhere in this Mortgage sMll be taken » mean "his," "Mrs,"
or "its," wherever tM context so implies or admits. Aa~o, that wherever there is a reference in tM covenants and agreerrtcnts herein eomairwd to any o6
tM partia hereto, tM sanrte sMll be construed ro mean as well a the Min, Ipal representatives, successes and assign (either voluntary by act of tM
to tlse respactiw Mire, Ipal~reprtesentativebwocesson and ?gns of tM parties herttaherein contained sMll bind and tM benefits and advaroages awn
And said Morgagors, fa themselves and their Mire, algal representatives, wocessors and assigns, hereby jointly and severally eo+renrtt and agree
ro and with tM said MORTGAGEE, its wcpssors and assigns:
1. To pay all and singular tM principal and irnardt and tM various and wrdry sums of montey payable by virtw of said promiswry note, and this
mortgage, each and every, pranptly an tM days respactiwly tM same sewralfy beconn dw.
Z. To pay all and singular tM taxer, asseuntents, levies, Rabilhiq, obligation and cntcssnb-anas of every ntwe and kasd now on said daoribd
property. or that harsaftw may be anPw.d, suffered, Placed, levied. or assessed thereon, or that hereaf»r may be levied or assessed upon this Mortg~
age, err the asdebtadness scoured hereby, each and every, when dw and payable, eaordirg to law, before they brcorn delinquent, and before any Yttcrest
apaches a any perwhy is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL f1E PROMPTLY SATISFIED ANO DISCHARGED OF
RKORD AND THE ORIGINAL OFFICIAL OOCIIAAENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIfIED) SHALL DE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN tEN DAYS NEXT AFTER PAYMENTt and in iM event that any thereof b riot
paid, sat'sfied and disdurgsd said MORTGAGEE may at any time pay tM same or any part thereof without waiving or affecting arty option, liars, equity or
.ipht unsdN a by virtw of this mortgage and tM full amount of each and every such payment sMll be immediately due and payable and sMll bear iMarort
kom tM date tMreof until paid at rate of nine per centum per anrwm and t~vrrh,{uch mteresj,RFj,JI~s sscwad by tM liens of this morgtage.
b00K."1L II(VUV~ PACE •~~J~~
_ __ ,