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HomeMy WebLinkAbout1263 ~21312 ~ THIS IhOENTURE. AA~d~ tl,e 2~th dsy of ~~~~gr , A.D. 19 31 between E. Earl Kicliter aad Betty W. Kicliter, his wife of $t. LuClB , Cq~nry Flaida, hereinafte~ dei~gnaud as the "MORiGAGOR," and FIRST FEDERAI SAVIfvGS AND LOAN ~ ASSp~IATION OF FORT PIERCE. a corporation ory~nizcd ~nd ex~st~ng under the lawi of the Un~ted $utas of Americ~ ~nd Mvinp iri princip~l place oi bus~n~u in tM City of fort PiKCe, St, lucis County, flaid~, herein~fter dsiipnar~d as tht "MORTGAGEE." WNEREAS the MORiGAGOR is justiy indeb~ed to tht MORTGAGEE in the sum oi s 17 , good s~:d lawfut money of the Un~ted ~ S+ares adwnced by ths MORiGAGEE unto ~he MORTGAGOR, as ev~drncrd b a certam y ' y promasor note of even date herew~th, of wh;ch the lollowinp io words •nd f ures a a~rus c i ~ opY. tow~h z 17~ODU.OO N0~~17~676 Fort Pierce, Flaida, ?~vember ~9 ~ 19 71 Fa value receivcd, 1, we o~ erther of us, promise to pay, without detatcanon, to me order of rik~i Ftuckr~ ~::~i~:v~ A~+'u :.r:,~CiASt~.2 FQRT PIERCE at Fwt Pierce, ~b~ida, the ium of s 17_~_0~• 0O ~ M,;rh interest from da~e at the rate of 7s~~ per annum, in monthly instalb ~^eros aa fo~!ows: S 140•O0 on the iStday of ~rCh 19.-72 and a Gke sum on the correspond~np day of each moMh the~e- eirei unti~ ~he whoie be fu~ly pa~d. Each ~nsta~lrnent first s!~atl be appt~ed in payment oi the inttrest and rhen an rhe unpa:d ba~ar.ce of the princ:pal sum. tf d ault is made in tfie ; ~ atiment of any insta~lment when due, and such default coroi~ues 30 days, then at the opt~on of the ho:der, and without any other not~ce, all the remaining ; ~«stailments shait be due and payabie at once. Priv~iege is ~+ven to prepay this note in whole or in part at any time w~thout penalty. Ne:ther (orebearance, ~ no~ acceptance by rhe hvlder thereof after any default in any payments hereon, shalf be deemed eatenzion. A lare payment :harge of S- 7•~~ shall be rdded to each installmcnt remaining unpa;d 7 days after its due date, and a like sum shall be addrd to ea:h such instailment remaini~g unpsid 7 days aher each succeed~ng payment d~~e. Each maker, surety and endorser hereof, jo~ntly and severally, wa~ves demand, p~ese~tment protest and noiice of protest (w nonpayment, and funhsr agrees ro any eztens~on of r:me of payment, e~tner before or after maw~ity, without not~ce to any of us; and to pay all costs of w!lectio~, indud~ng • ~eesonable attorney s fee in the event of any default hereunder, and hereby seve~ally waivcs aIl benef~t of homestead and exrmption under the constitutan end Iaws of each Stare of the United Stafes, as aga~nst fhis obGgahon or any e~erens~on a renewai her~f. Witr~ss rhe hand and teal of each party. - s/ E. Earl Kicliter ~Aq (SEAL) 5/ eeLLy w. KiCilter c~~u ( i2 S• SO ~ State Reveave ~~~yer~ilrf a~ ~r~r y~tRal NO'JV, THEREFORE, the MORTGAGOR for the r I7 OOO.OO pu pose of securiny payment of said sum of S • and the pe?fprmance of ths covenants and agreements hereinaftc? expreued, and fw d~vers good and valuabte conside~~tions, by these present~, does g?ant, bargain, sell, rem;se, release, can~ey and coni~rm unto tht MORTGAGEE, its iucceuors and aui9ns, all that cert~in lot, piece or psrcel of land, situate, lying, snd beirg in the County of St • WCle and State of Fbr~da, deuribed ~s follows: Fzom the Southwest corner of the East ~ of the Nfi~ of the SW~ of the SW~ of Section 21, ?ownship 35 South, Range 40 East, zun North 25 feet ta the n~int ~f beoinninn; tAence continue .lorth 165 feet; thence run East 205.88 feet; thence run South 165 feet; thence run West 204.83 feet to the point f of beginning.? ~ ~ ~ r ~ E ; € Sfiai~fY~rr-LC~?-~~~~a f ~ ''^',:1`~;~.~~~~: • TA;( t - ~ ' _ , ~ _ - r_ - . - r i ~ = LEC?C?1 ~:~:~,4~:,~'j - u - r.'j' - ~ N ~ - . Z 5 5 G = RE~E,~~ S ~ ~ ~ i F? b. ~ 9 a t~_ aF a' _ DUE ON ° ' E.,SCrlIAl~~pq~ t . ~ - - Ct,1.,S •C'~IkTq~;ulBlE P n OF PUr.S;,,1;~; Tp ~N,~pT,R 20~~4. ACtS OF 1911, ; ROG=R P'~l:F,~S. CtFrk Circuit CcuR j ?his instzument pzepared by ~ a8e^t fo? CO,h1~~ N. KNO~Yi.ES, )R ~ ~ John W. Collins St Lucie Cou:.h~ ]ax Co1?ector f ; First Federal Savings and Loan ~ G I ' Association of Fort Pierce, Flosida "<<<'~ , k v ~ ~ ` 1 j r 3 s [ rogethcr w~th all and singul~. the tenement:, hereditamenb •nd eppurunces thereunto belonginq a in anywise appertaini~y therefo, and all rtnri, iuws, Froceeds •nd proiits accruirg and to ~ccrue (rom said p~emeses, all of which ~re incfuded in the abpve •nd fwegoing descriptioe~ snd habendum. E TO HAVE AND TO HQLD the above desnibed and granted prcmises unto th~ said MORTGAGEE, its succeuors and auiyns fwever. Md th~ said ' their ' ; MORTGAGOR fw he;rs, executws, administr~tors and •uigns, hereby covenants with the said MORIGAGEE, iri successws and ~uipm, ~ ,har th~y_aze_ i,Wf~u uized of the said ; y premises in fc~ iimple; th~t tF+e s~me are free, clear and discMrped irom ~It li~ns and ~rxvrtF brances in I~w w i~ cquity, ~nd that they W~~~ their hein shatl wsrrant snd defend tM fitl~ to th~ sarne to tM said $ MORiGAGEE, ib svcceuws ~nd ass~gns, fwever sgain~t the iawtul cl~ims and demands of •II pe~wns; ' PROVIDED, ALWAYS that if the MORTGAGOR shall p~y vnto the MORTGAGEE the promissory note hereinbefore described and sh~11 truly, promptly and fully perform, d~xharge, execute, complete, comply with ~nd ~bide by each snd every the itipulations, agreemenri, conditiom and cove~nn of t~id v~omiasay note :nd of this Mwtgage, t1~en this Mortga~e and the Est~te he?eby aeated shall tease and be n~ll •nd void. Il 1S UNDERSTOOb that the wwd "Matyapw" whether in the singular w pl~ral anywhert in this Mort9age, thsll be sinyula? if on~ only ind ~ i sh~Il be plurd joimly and ~everally if mwe than one. ~nd that the wwd "their" as used anywhere in this Mort9a~e sh~ll be taken fo mtan "hif:, •,Mq•• y or "its," wherever the context so impties or ~dmit~. Also, that whercve~ the.e ia a refe?ence in th~ coven+nts ~nd ayreemcnts herein contained to ~ny of f fhe parties hereto, the ume shall be construed to mean ss wel) as the heirs, legsl representative~, successon and auiyns (either volunt~ry by ~ct of th~ ' parties or involumary by oper~tion of the Iaw) of the same and that the covenaots herei~ co~tained sMN bind aod rlx benefitt and adwntaQa irwr~ ' ' +o the ~espectirs he;n, Icg+l represemativei, iuccesso~s and au~gns of the parliq hereto. ! And said Mortg~gors, for thcmxlves and their heirs, legal reprexnta?ives, succeisors and assiyns, hereby jointly ~nd ievaally covenant and a~ree ro ~nd w;th the ~a~d MORTGAGEE, its auccessort and assigns: i 1. To pay ell arid ~ingular the principal a~d interest and the variovs and sundry sums oi mo~ey payable by vi~tue af taid prom;ssory note, and this ~ matgaQe, eash ind every, promptly on the days respectively the tame sev~rally becort~e dve. 2. To pay all and t~ngular the taxes, assessmenn, levies, liabilities, obligations and erxvmbrances of every nawr~ and kind naw o~ s~id d~scribed property, pr that hereafter may be impwed, wfiered, plKed, Ievied, w assessed ther~on, p thal i?ere~fte+ may b~ levied o~ psessed vpon tids 1Morty- agt, or tht ind~bfedneu tecwed heieby, exh and every, wMn dve snd pay~bk, ucwdirg to law, befwe they becomt delinquent, ~nd before any int~rat sttaches w any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAIt BE PROMPTIY SATISFIE~ AND OISCHARGED Of RECORD AND THE ORIGIhAL Ofi1C1Al DOCUMENT iSUCH AS, FOR INSiANGf, 7HE ~AX RECEIPT OR THE SA7ISFACTION PADER OFFICIAIIY ENDORSEO OR CERTIfIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof is not pa~d, sat sfied and discharg~d sa:d MORTGAGEE may at any time pay th~ same or any part thereof without waiving or affecring any option, tien, equity or •~~ht under or by virtue of this mortgage snd tF~e full ama~nt of each and every such payment shall be immediatety due and payable and shall beir interest ~.om the dde thereol uNil ps~d at rate of nme per ce~tum p~~ annum ~nd tpgethtr w~th such inteQs~s ure~ h~ ~j~eq of th's moryt~ye. ~ B0~1c~~ r~4i 3 ifi