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HomeMy WebLinkAbout0855 1 2210~50 ~ . ..1 ~ . THIS INDENTURE, Made the 16th d~Y af ~C@~!Y'` - A.D. 19 71 be~ween Ja~es F. Richmond and Rose Ann Richmond; his•wife r . of $L . ~C1@ Cp~nty Florid~, he~ainaftar designated as the "MORTGAGOR;' •nd ~FIRST fEOERAI 5~?VINGS AND IOAN ASSOCIATtON OF fORT PIERCE, a corpaation w9ani:ed ~~d existiny~ u~dN the laws of fM Unifed St~~~i of America +nd having in principal pl+c~ of bu~iMU i~ tM City oi FoA PiKCe, St. tuci~ County, Fbrid~, her~inahK d~siyna~ed a~ th~ "MORTGAGEE:' 2 WHEREAS tM MORTGAGOR i~ jvstly indebted to th~ MORTGAGEE in the sum of = 8•~0 gocd and lawful money of tha Un~ted ~ Sfates advanced by the MORTGAGEE unto ths MORTGAGOR, ss eviderxed by a certa~n promisswy no?e of even da~e herewitP, of wh~ch the followiny in t +~ords and figures is a trw copy, to-wit: ~ 3-1~ ?44 s ti,000.00 DecemDer 16, ~ 19, Fort Piercs. Florida. 7, + fw value received, 1, we or either of us, prom~se to pay, without defa~cation, to the order of PIRST FEDERAI SAVINGS AND LOAN ASSOCIAf1UN UF FORT PIERCE at Fwt Pierce, Florida, the sum of s 8~ V~~• 0O with interest irom date at the rat~ of~_a~% pN ~~~um, in monlhly instalb ~ ,r.anrs as foltows: i 67•00 on the ~St ~~y of Februarv___, ~9 72 and a like sum o~ the carrsEwnd~rq day of each month there- after until the whole be fully paid. . ~ Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prindpal sum. If d au7t is made ie the j ~ aymeN of any installment when due, and such defauh continuef 30 days, thcn at the option of tht holder, and w~thout any othe? notice, all the remaining ~ ~nstallments shalf be due and payable at once. Privilege is given to prepay Ihia oote in wholt or pa~1 at any t~me without penalty_ Ne~ther iwebeara~tc, ~ nor aaeptante by ~he holder thereof after any default in any paymeNS hereo~, shall be deemed eatension. A late payment charge of f~• 35 ihall bs ~ acded to each insia~lment remaining unpa~d 7 day~ after its due date, and • l~ke sum shall be added te each such installment remain~ng unpaid 7 days after ~ _ each succeediny payment data f ~ Exh maker, surety and endorxr hereof, jointly and severally, waives demand, presentment protest and notice of p~otest fo? nonpayrneM, and funhe~ F ag.ees to any extension of t~me of payment, eithe~ be(ore w aftcr maturity, without notice to any of us: and to pay all coats of collection, i~clud;np ~ ~i re~sonable attwney's fee in the event of any default hereunder, and hereby severally waives all benefif of homestead and eaemption under the constituta~ ~:,d Iews o1 each State of the United States, ss agamst this obligation or any extension w renewa~ hereof. i ~ Witness the hand ~nd seal of each party. ~ s/ James F. Rich:nond ~~q ; cs~?u ~ ' s/ Rose Pnn Richmond ~ ~12.00 ~ . ~ State Reve~ue (Sra~~F~filFiiO~i~~ie~) NOW, THEREfORE, the MORTGAGOR fw the purpose of securing p~yment of uid sum of = g• OO~• 00 and the perfwmance of tha covenants and spreerrKnts hereinafter expressed, and fw divers good ~nd valuable cwuide.~t~o~s, by these prexnfs, does yrant, bar9a~n, sell, remise, release, convty and confirm unlo the 1NORTGAGEE, its successors ~nd assig~s, all that cert~in bt, piece ot parcel of tand, situatt, lying, +nd beinp in tM Ca,nty of SL . 1.11C le and Stat~ of Fbrida, dewibed ~s follows: a ; ~ Lot 5 and the Vorth 12.5 feet of l.ot 4, Block 6, ALAMANDA VISTA SUBDIVISION, as per plat thereof on file in Plat Book S, page 49, G Public Records of St, l.ucie County, Florida,~ ~ ~ ! i , ~ R~CEIVED i~--! G IN PAYIdENT Of TAXE'~ ; W c~. i-- DUE ON CIJISS 'C INTANGiBIE VE.'SGHAL P'tOPER1Y, - 3•-~ L U~1 I A PURSIJAHT TO CHAP'1'ER 20723. ~crs f ; ~ F- ~ ;?~:=`~7~.^' ~f~~ 0 3~1. t ~ Z - ~s-~N n~ L.-_ - - X RQGER POITRAS, Clerk (Srcud Court ~ o _ c~c28',i ;;_~r'~ - = as Ager~t fot DANIEL 1i. ~UVOWLfS, lt ~ _ ~ v - i~`~: :~~,,V+ 2 0 ~ +~:t.c~ c_.~ ~;c°;, s;:: r~ ~ - St lucie Co~ Tax Cdtedor ~ ~ P.3. ~ ya ~ ~ z-~.`~~' ~ ~ - - - - Bl? . ~ 3 ~rua c~ESx ~ ~ ~ ~ . ~ ' ~ ~ ~oge~her with all and sirqular the tenements, hereditsmenu and appurtances thereunto belonging a in anywise appertsinirq therefo. ~nd sll re~ts, tuws, =1 proc~eds ~nd profits accruing and to acaue from said premixs, ~II of which ue includec! in the sbov~ a+d fw~yoinp descriptia+ and Mbendwn. ~ TO HAVE AND 1O F101D the ~bove described snd gnnted premises umo tM said MORTGACaEE, its successws +~d +ssiyns forwn. Md th~ ~afd - MORTGAGOR fw L[lelY ~~~s, ezecutas, adminittrators and aasigns, Fxr~by coven~nts with the said MORTGAGEE, iri svccesson ~nd ~stiprr. " rhat - Lh~-are-- lawfully sei:ed of th~ said premiaes in fet simple: tMt ~M sam~ are fr~e, clear and discharyed from ~11 ~iem and ~ntwn~ brances in law or in puity, and tMt they r,,;~i a~ their hei~s shall warrant and d~fend tiK title to tM NrM to tF» wid MORiGAGEE, iH ~ucceuors ~nd ~uigro, fwev~r s~ains~ the I+wful cl~ims and demands of all persons; ; : ' PROVIDED, AIWAYS that if tFN MORTGAGOR shall pay vnto the MORTGAGEE the promiswry no+~ h~reinbe(w~ desc?ibed u+d ah~ll trvly, promptly ~ and tully perfwm, d~xharye, execute, compkte. comply with and ~bide by esch ~nd every the ~tipulatiwu. ~greeme~ri. conditions and covenanri of s~id ~ ' promissory not~ ~nd of this Mwt~aye, then this Mortg~ge ~nd the Estate her~by ueated shall ceas~ and be ~ulf a~d void. ~ IT IS UNDER5100D tFut ths wud "Mort wMther i~ the si ular w Ivral anywhe?~ io this Mwt shall be si ulu if one only and i 9+9~~. ^9 P 9+W. ^4 - shall be plunl jointly and s~vsr~lly if mor~ ~han one, and shat tht word "thei?" as used a~ywhere in this Mortysy~ sh~ll be taken to m~~n "ha,•• "Mn•, w"its;' wherever ths tonteat ~o impliq o~ admits. Also, tMt wherever there is ~ refere~te in ti~e covenanri and apr~emenb htrein contain~d to ~ny of the puties hereto, the iame sMll be construed to me~n as well as the heirs, t~yal rep~esentativd, successors and assipns (eitMr voluntsry by act of th~ ; - panies w involunury by operatiw? of tFK law) of the s~me ~nd that the covenants her~in contained shall bir~d ~nd tM b~nefi» ~nd adva~tpes inur~ i to the retpective hein, ky~l representatir~s, successas a~+d au~yns of tM panies Mreto. ; And said Mortqayort, fo. themselves a~d their M+n, leyal rep?esentatives, succc~sors and as~igm, hereby joiMly and sevKally cov~~+nt ~nd pree ~ ; 'w to snd with tlw said MORTGAGEE, its succ~ssori and ~uiyns: ° 1. To pay •II ~nd sinyvl~r tha principal and intereit and tM wrious snd sundry sums of mawY p+Yab~e by virtw of uid prom~uwy not~. +nd this ~ x'~ mortyape, each and ev~ry, promptly on tM days reip~ctiv~ty tFw same sev~rally become dw. ~ 2. To pay all ~nd s~ny~lu the t~xh, ssseumen», levies, liabilities, obligations and ~ncumbr~nces of ~very narure snd kind now a+ ~aid dtsaib~d ~ property, a tMt F?ereeft~r may b~ impowd. suff~red. plxed. Isvied, a+sssssed thereon, a tMt hereaf~e? may b~ kvied w uiess~d upon this Mor~p- ~fl~, or ~h~ indebtedn~u secured he~~by, each +r+d wery, wMn dw a~d payabl~, accadiny to bw, before they become deli~pwnt, and beiw~ any int~~st =j~ arteches or any penalty is incurred; AND INSOFAR AS ANY THEREOP IS OF RKORO THE 5/1ME S11ALl dE PROMPTIY SATISFIED ANd' UISCHARGEO OF - RECORD AND TNE ORIGINAL OffIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED ~ OR CERTIf1ED) SHAII OE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~m that any th~reof is not _ p~id, sat sfied and diuharqed s~:d MORTGAGEE may •t any time pay ~he same or any p+?t Ihereof without w~iving o~ affec~~ny +ny option, lien, equity or ~ •~qht vnder w by virtve of this mortgaye and the full amount of each and every such payrrKM ~hall be immed'+ately due •nd psyable and shatl b~ar intatst } ~ ~.om tM dat~ ~h~reof until paid at r~?e of n~ne per centum per •n~um •nd together w~thpu~ ~rhall be se~~~ the lien of th:s muyty~. .r;; ~UGd~~7J YAC - - ~ _ , _ : ~ - _ . ~ . ~ .