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HomeMy WebLinkAbout2134 ~j 20'~684 THIS INDENiURE. Meds tF» ~ 3th day of April • A.D. 19?~ , b~:~~een ; Ronald W. Richards and Janice E, Ric ar s, his yT~_ of _ ~ uC e Co~My Flwida, hK~in~ftM d~sipn~~ed ~s th~ "MdRTGAGOR." ertd fIRS~ iEOERAI SAVINGS AND LOAN ASSOCIATtON OF fORT PIERCE. • torporation aq~ni:~d uK! txistirg undM IM I~ws of fM UNted S~a~~~ of Amer~cs and hav~ng iti principai plac~ 04 buiin~ts i~ IM City of Fwt PiKCS. St. luci~ County, florida. htr~uuhw d~sipn~i~d as tM " ORi~~E~ WHEREAS tM MORTGAGOR is juuly indebt~d ro tM MORTGAGEE tn 1M ium of S- ~ 9ood and lawful money of the Unned Srat~f adwnced by the MORIGAGEE uMO ~M MORTGAGOR, as tvidented by • csrla~~ promiasory no~e ef even date herew~th, of wh~ch the followin9 in words a (igur~~ if a trw copY. to-wit: 3~ 1 L'p~o s ~ n~~~•~~ ~ V ~ Fort ?ierce. ilor~da. April 13 19 7t Fw v~Iue received, 1, we or eithe~ of us, prom~se to pay, witiw~f def~lcstion, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of 8•? ~ annu~n, in monthl i~a~al1- fORi PIERCE at Fort pPierce, Flo~ida, the sum of -_l_- with interest (rom date at the ~a1e of ~o pe Y :~~ents ss fol!ows: f-7~•~ ~th~y pf ~y 19_71- artd a like sum on ~ha carespond.ng Jay of each momh there- a~~er unti! ~he whols be fully paid. Each instaHnxnt first sAall be app~ied in p+Ymenf of ~M iMeresf and then on tFu unpa~d balance of the pr~nopal sum. If defauh is made in the Ea~~nem of any i~»allmrnt when dve, and such default continues 30 days, then at the option of thr ho~de~, and witho~t any otnrr no+rce, afl ~he remaining ~n~tallments thall be due and payable at once. Priv:le9e ii piven to prepay thi~ note in whole or in pa~t at any Kme without penally. Ne~ther Eo~ebearance, nor acceptance by the holde~ ~hereof aher any defauit in any payments hereon, ahall be deemed eate~s~on. A tare payment tharge of j.~!.6~. shall be •dded to each iosta~lmrnt remaining unpe~d 7 d~ys after ifs dw d~te, and a like sum shatl tx add d to each such ms~aNment ~emaini~~g unpa~d 7 days after eech succeeding paym.ent date. Eath maker, surety and endorxr hereot, jointly and severally, waives demand, p~ese~tmen~ p~otest and nouce of protest tor nonpayn~ero, and further agrces to ~ny ea!ension of hme of paymeM, either betore w after ma~wity, without not~ce to any of us; and to pay aH coat~ oI co:lec~wn, i~dud:ny • .eesonable ~ttaney's fee ~n the event of any detauft he~eurde~, and hereby severalty waives alt txnef~t o' iwmrsfrad and exe~npnon under the co~stitulion a~,d laws of each State of the United S~ates, as aga~nst this obligation p any extens~on w rcnrwe~ hcreof. Witness the hand and seal of each party. s/ RQnald W. Richards (SEAL) ~ (SEAI) ~ s an ce . c ards ~16.20 t~u ) s~at. aevenue ~ 8~ ~ NOW, THEREFORE, the MORTGAGOR for ehe purpos~ of secvrin~ p~ymeM of ssid sum of S ~ ' ~nd the perfamance o~ M+e covenants and agreements hereinsfter exp~essed. and for d'+veq ~ood and wlwbl~ con~~derotiona. by theu presenrs. does grant, barfla~n, se11, ~em:se, releass, cw+vey ux! conf:rm unto ~he MORTGAGEE, its uxcesson and aaigns, all that certain lot, piece or parcel of land, situate, lyinfl, and bei~g in the County of $t .~uc ie ,,,d sr.r. of Flwida, dsw~bed as follow~: 'tart at the Northxest corner of Block 2, FAIRLAWN HOMES SITBDIVISION, according to a plat ~he:eof recorded in Plat Book 9, at page 10, of the public records of St. Lucie County, ~'lorida, thence run South 140 feet along the East side of Sout,,h 31st Street to the point of beginn~.r~g , thence continue South 82.K feet, thence East 1t~0 feet, thence North 32.5 i °eet, thence West 1l~0 °eet to the point of beginning.~ RECEIYED t~e-~ IN PA1f1AQIT OF TAXES D7E ON CU1SS 'C' INiANGIBIE PER90NAL P(i0PER1Y. . P;'.:3:ANT TO CHAP'TER 20124, ACTS Of 1941. ~ w S TAT E~~ r L C R I U A ;^c-r, roi;w?s. ae~ ca?wd cowt ' ~ ? Z nOC~~MF~vTA~':::;ST~P~IP TAX :~~e~! kr DANIEL N. KNOMILES, 1R ` ~ -~~tt14~t~ , 6 2 O= St lucie Cou. ry Tax Co~{aCor ' U = ~ _ D ; cn ~:p• : ?:~taK~ . = gr ,~~~I-~ ~ ^~o~~• -~~:~~f°' - ~ P.B. ~ - o~un c~pac ~ - ~ so9NMr w~tA •11 ~nd singular the lenen?en». Aereditaments and appurtancts tF»r~unto b~torgirg a in anywiae ~pFert~ininp therero. ~r+d all ren», issue~, ~ p.oceeds and p~ofin Ktruin9 and to accrue from s+id premists, a!1 of wFi~d+ ar~ inctuded ir+ the sbov~ ~nd foreyoins dewiption and h+bendum. ~ TO MAVE AND Tq HO~D tM above dew~b~d and pranted premis~s unto tM sa~d MORTGAGEE, its wccesso?s u~d +uigns fwewr. Md th~ said ~K the~r MORTGAGpR for hefn, a~cecutas, ~dmi~iitraton ~nd assiyns, hereby cownann with the said MORTGAGEE, its successws u+d ~ssiq~s. x ~h~r _ Lhe~_are ~.~~~~Y ~~:~d of ~M said p?emi~es in f~e simplr, that the s~m~ ~r~ ir~e, cl~~r ~r+d dischuyed from all lie.u and encw~r ; o.ances in I~wp~ ~n equity. ~nd that the~ will ~nd their hei~s shall warrant and def~nd the titl~ ~o the same ~o tM s~id ' ~ M~RTGAG~.K(r#cceuws +nd augro, faev~r pairot the lawful claina snd demands o( all persons; PROVIDED, AIWAYS that if ~M MORiGAGOR ahall pay unto tM MORTGAGEE tlw pomiaw~y note he~sinbefore desc?ib~d ~r+d shaU truly, promptly rv •nd f~•tty periwm. d~xMr~. •a~cvtt, complete. comply with ~nd ~bid~ by each and every ths stipulations, preemsnts. cond~~aro ~nd cove~a~?s of said ~ ~rom~ssory note •nd oF thy AAwt9pe, ti»n this Mwtyape and tM Estaa hertby v~ated ahall u~ss +nd be nu~~ +nd w~d- IT !S UNDERSTOOp tMt tF» wad "Mo~tya~or" whether in the sir~vla~ a plwal snywher~ in this Mwtga~e, shai) b~ tinqulw if one only ad Jy ~hall be plurd joimly and kret~lly if mor~ th~n on~, and that the word "th~ir" as vsed snywhc~e io tha Matyp~ shall be taken to rrw~n ..his •.hen ~ w..its: " whe~~ver the con~tat w~mplies o~ admita. Alw. that wMr~ver tficre is •/ffNl~lCt io the covenant~ ~nd prcement~ h~rcin cont~in~d to ~ny ol r{ ~M partie~ i~er~to, tM ~arn~ ah~ll b~ conftrued ro mean ~s well as tM h~KS, ~p~! repres~nt~tiwt, ~ucussa~ and ui~ns (~ither voluntary by ~ct of the panin w involuntary b~r op~r~tion of tM law) of ~he s~ and tMt the covtnants f+~rein canuined thafl b~nd and tl+~ berKfin ~nd dvanta9es inw~ y }o the respsdiw M'us, Ipd rep«sent~tives, wcceiwn snd au~~ns of tM panies hereto. # Md said Mo~tyaqon, fo? them~eiv~s arn! their hein, leyal r~pres~ntatives, succsswn u~d aui9m, iureby 'pinNy and ~eve+ally coveMM ~nd yrN ~o and with tFr said MORTGAGEE, ~rs ~uccesson and aupro: 1. To p~y •II ~nd i;rgular tM princip~i ~nd intertst ~nd tM wriouf ~nd surxky sums of mo~~Y pav~bl~ by virtw o} ~aid prom~tw~y not~, and tAis ,no~tyaye, ~ac!? u~d ~very, promptty on fF» days ~espectiv~ly tM sam~ wr~rally becwrn dw. 2. To p~Y •II ~nd sirgvla? the axes. ~uessm~nn, kvies, {i~bilitits, obtg+tiwn and tncumb~ances o1 •wry r?~tur~ ~nd kird iw~w on a~~d dew~b~d property, a tMf l+e.e~ftN may b~ impwed. suff~r~d, placed. levisd, a~ws~ed thsreon, a rAa~ F~tr~ahe~ may be kv~ed a~sseased upon Ma 1Nortp- a4~, a tiw indebted~»s~ recur~d hKebY, e~ch +nd ~v~ry, wMn due ~nd pay~bl~, xcadinp to law. befw~ they becan~ delinpu~nt, and b~fo~~ My (Ml~Nt anaches a~~y pen+lty is incurred; AND 1NSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAU SE PROAIIV~IY SAilSFIEO AND DISCHARGED Of ~ RECORD ANO INf ORIGINAI OFFICIAI DOCUMENi (SUCM AS, FOR INSiANCE, THE TAX RECEIPi OR THE SATISfACT10N PAPER OFFICIAIIY ENOORSED OR CERTIFIED) SFIAtI SE DIACED IN TME HANDS OF SAID JNORTGAGEE WITHIN TEN OAYS kEXi AFTER PAYMENT; and ~n the event thaf •ny Ihereol is not - p~,d, a~~ ified ~nd d~xharged sa d MORTGAGEE m~y ~ny ume pay the t+me w~~y Mr1 theteof withou~ wa~vinp w sffccnny ~ny option, li~n, equity w •~aht ~nder a by v~rtve o~ this monyaq~ ~~d th~ fuU amount of each and wery such p~yment shalt pe ~mmed~ately dvc and p~yable •r.d ih•II be+r inte~~ft - '•om the dat~ ther~o( unnl pa~d •r r~te of n~ne pe~ «ntum p~r •nnum ~nd to9ethe. w~th svch 1n?cresr sh~tl be sec~red by the I~en of th • mor9fpe. r~}Dr, ~~7~ ~~~J . 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