HomeMy WebLinkAbout0853 22'1049 l.~
THtS INOENTUQE. Mad~ the 23rd day of y A.~. 19 71 betwee~
Willia~ H. Richard d Shir ey Richards~ his xife
;
of St. t.UC~@ ~ Coue+ty Fiorida, here+naftet designa~ed ss ?he "MORTGAGOR;' and FIR51 FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORt PIERtE, ~ corpwat~on wyanized and exi~tinp under tM laws o( ths Un~red Sa~~s of Americs and having itt principal p1ac~ of
bui~~eu in th~ Cfty of fwt Pisrc~, Sf. Lucie County, flaid~, AeniMhK desi9nated ~s th~ "MORTGAGEE."
WMEREAS tM l1M1ORiGAGOR ia juitiy ind~b~ed ro tM MORTGAGEE i~ IM sum oi: lii~~•~ , good end lawFul money of Ihe Un~ted
Sfatet advanced by the MORTGAGEE unro the MORiGAGOR, as eviderxed by a certain promissory no~e of even da~e herew+ih, of wh~cA tha followiny in
wo.ds and figuret i: a t.w copY. ~o-wi~:
s lla4~-~ ~ 3-17,773
~o., P;,n.. Fi,,;d,. Decesber 23, ~y~l
For value received. I. we w eithe+ of us, prom~se to pay, without delauanon, to ine order oi iik~~ rFutk:.i ~::~G::;,;, A::u "..,`.'Y':'?.^`. AO
fORT PIERCE al Fwt P~crce, Florida, the sum of S- i1~~0~~ with interes? from date ~t the rate of _ 8 ?o per annum, in monthly install-
~~,rnts as follow~: s~LL_~ _ cn the 1St day of F'ebruary ~ ~q_72_ a lik~ sum on the correapood~ng day of each month there-
akrr unril rhe whofe be fully pa+d.
Each insrallrnen! first shall be appiied in paymeM of the interest and then on ihe unpa[d be~ance of the pr+nt•paf wm. !f d ault i~ made in the
~.ayment of any installment when due, and such default continues 30 days, then at the option of the holder, and wirhout any other not~ce, all the remsining
:nsialfrr~ents shatt be due and payabie at once. P~ivilege is qiven to prepay this note in whole or in par! st any time withou~ penahy. Neither forebearance,
nar accepfance by the holder thereof after any deFault in any payments hereon, shatl be deemed exte~s~o~. A late payment charge of 5--4~80 . shall be
>d~ed to each inslailment remaining unpa~d 7 days after its due date, and a li?:e sum shall be added to each such ~nstallment remaining unpaid 7 days ~fter
each succeeding payme~t date.
Each maker, surety and endwser hereof, jointly and tevcrally, waivea demand, prrsentment protest and notice of prote.at fw nonpayment, and further
ag~eea to any extensio~ of time of payment, either before or affei maturity, without not~ce fo any o1 us; and to pay all costs of collecfion, i~ctud:ng a
rrasonable anorney'a fee in the avenl of any defauh hereunder, and hereby severelty waives aN benefit cf ?wmestead and eaempt~on under the consHtution
end laws of each State of the United States, as agsinst this oblgatio~ or any extension or renewal hereof.
Witness the har+d and xal of esch psrty.
~ - ' ~ •s/ William H ~Richards ~~U
(SEAI)
(SEAlj
s/ Shirlev Richards
( 17.1~ ~ Staf~ Revenw
.rSsac~pa. ~+aca1ltd oo «ipinal.not~~.
NOW, THEREFORE, the MORTGAGOR for the pu.pou of sec~ring p~yment of said sum of S 11s~0•~ , snd tha pcrfwmance of fhe
covenanes and agreements heaeinafter expressed, and for d~vers good ~~d valuible co~siderations, by thete presents, does grant, bargain, sett, rem~se,
re~ease, convey and confirm unto the MORTGAGEE, its succesw.s and iuigns, all that cer~ain bt, piece or parcel of land, situate, lyiny, and being in Ihe
County of St _ L,.Ci e ~ snd Stste of fbrida, deuribed ~s followa: i
Lot 1 and the Westerly 15 teet of Lot 2, Block 1, of FAIRLAWN HpfrES,
~..1..~:..3 ~ i.... ~y near .,l st thoresnf rornrria~ in Plat Boe~k 9~ at DAdB
~ t...~ t.~.__ _
10, ot the Public Records of St. Lucie County, Flozida,
RE~CfIVED i~Z ~2 ~ G"
DDf GN ClASS 'C
INTA?rr,jg~E pE p~~ER~,
PURSI;A.YT TO CHAPT~R 2072q. ACiS OF 1931,
~.J 1 r. ~ ;
~ c:. L t~ ~~?.~A RQGER P(IITRAa, ci~~t c~,~~rt co~rt '
r~.... " i
~ z T,~^; '-;1 r~~r~ TnX as Agert fot DANIEt N. KN^ :
~ - e_~zs~~t,~
i~ = St Lucie ~WtES. 1R j
~ ~ i±t~ ~ 7~ O_ Cour,ty Tat Callect~r ~
~n ;.~Fi.sc et~fax'~\:;_-;~:.. ~ gy ~ C v7 `
F~.:,~~u i
n qFrnc °
i
rogether w;th all and singvlar tbe tenements, heredipmenh ~nd appurt~nces tFxrwnto befaging a in anywise appertaining thereto, and ~II r~nt~, issuts.
prxeeds ~nd profin acauing and to accrue from said premises, all of which ~re included i~ the sbove +nd foryoin9 dtscription ~nd Mbend~n.
TO HAVE AND TO HOLQ tM abova deuribed and granted premises unto th~ said MORTGAGEE, ib successors and auiyns fw~var. Md tFit s~id
MORTGAGOR fw thp1Y--- heir~, executors, administr+tors and suigns, he~eby cove~ants with the s~id MORTGAGEE, its succeason ar+d astiQns,
th,r -lh~-are___ r.Wr„u aeized of the said
y p?emtses in fee s~mple; that tl~t same ue frse, clear and diuh~rged from dl lierq ~nd Mcwn~
b~ancts in law w in eqvity, and that thex their l~ein sl~a~~ N,arrant ~nd defend tht title to the sarr~ to tM s~id
MORTGAGEE, its iucceswrs and auign;, foraver ayainst tha lawful claims ~nd demands of all persorq;
PROVIDE~, ALWAYS that if the MORTGAGpR shall pay unM the MORTGAGEE the promissory note h~rtinbefore desaibed and shall truty, prpnptly
and fully perform, diuharge, execute, compkte. comply with and ab~de by tath and every the t~ipvlatiau. ~yreements, conditions and covenanri of ~aid
promisswy note ~~d of this Mortgage, then this Mortga9e ~nd the Estste hereby u~ated sMII cease and be nu:l ~nd void,
IT IS UN~ERSTOOD that tM word "Mwty~yor° whether in tM sinyul~r w plural ~nywhert in this Matyage, shall be iinpulu if on~ only ~nd
sh~ll be plural jointly ~nd aeverally if mor~ than oM. ~nd that tha wad "their" as used snywhen in thin Mwtqape shtlf be t~ken to mexf •.hia,•• •'htq.••
or "its;' wF~er~vsr tl~ co~text so impliei w admits. Also, that whcrever thcre ii a ~~fereoc~ in ti» covenants and agreerteea~~s herein co~tained to ~~y oE
~he parties herero, the sart~ thall b~ con~trved to me~n u well ~s the hei?s, leyal rep~esentatives, succe~son and assiyns (eirher vofun~ary by ict of t1»
parti~s w invo~untsry by op~rarion of the law) of the ume and fhat ~he covenants here~n cont~ined shall bird and iM benef;~i and ~dvanray~s inurt
ro the respectiw hein, leyal representatives, iuccessors and as~~yns of tFM putias hereto.
And said Mortysgon. ~w themselves ar+d their hein, 1e9a1 repreientatives, successon and auigns, hereby jointly ar?d s~versily covenant and agrse
to ~nd with the said MpRTGAGEE, its wccessors ~nd ~ssigns:
1. To p~y aN ~nd sirgula~ iM principal and ime?cst and fhs vuious and sundry sums of morKy payable by virtw of sa'rd promissory note, and thif
mortya9e. ~ach and evtry, promP?IY o~ the days retpedivaly the iame sev~rafly becort» dw.
2. To pay ~II ~nd sinyvlar tFro taxes. ~ss~uments. Iwies. li~bilitie~, oblig~tia~s and ~nc~mbnnces of tvery natw~ and kind now on said d~svib~d
property, pr tMt hareafter may bs imppsed, sufftrd. pl~ced, levied, or assesud tAe~eon, p tFwt h~r~~ftM m~y b~ levied or assessed upon t1w Mort¢
afl~, a tM indebtednea secured hereby exh ~nd wery, wM~ due and pay~ble, accwdinp to law. before tl~ey becoms delinquem, and btfort any interest
artaches a any pe~alty is incurrcd; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII Bf PROMPiIY SAii5F1ED AND DISCFlARGfD OF
RECORp AND 1HE ORIGINAI OFFICIAI DOCUMENT {StKH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENOORSED
OR CEQTIf1ED) SHALI BE PIACED IN TNE HANOS OF SAIp MpRTGAGEE WITHIN TEN DAYS NEX1 AF1ER P/1YMENT; and in the event that any thenof is not
paid, sar~sfied •nd dixfiaryed ss'd MORTGAGEf may at any t~me pay thc same or any pin the.sof w;thout waivir~ w affecriny any op~ion, I~en, equ~ty or
~~ph~ under w by virtue of this mortyaye and rhe full amounr oi each •nd every such payment ~hall be immediately dve and pay~ble and shal! bear ;nt~resr
+~om the d~te ther~ol until paid at rate of n~ne per centvm per annum and foyethei w~tFQ~~h t shati be sqyr~~y the lien of th:s morytsge. ~
80GK ~~S PACE x~
~ _ . . ` _ x.=