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/V. IV ~
TH15 INDENTUkE. Msde 'he ~ 2th da of _ `~~ua~ A.D- 19~, betwcen
'.,ri.lson D. ~tichardson and I~ar~ E. Richardson~ his xife
cf St. Iueie County Fiw:da here~nafter desyns~ed n' the "MORTGAGOR." and FiRST FEDERAL SAVINGS AhD IOAN
ASSOCIATION OF fORT PIERCE, ~ co~po.at~on organized and ex~s~~ng unde~ the laws of tM Unlted S~st~t of America and havirg its prinupal place of
b,,smeis in ?hs City of Fwt P~srce, St. luue Gounty, Fiwid+, herein~fter des~qna~ed as the °MORIGAGEE:'
WHEAEAS the MORiGAGOR is jus~ly indebtcd to the MORTGAGEE in the sum of 512~~~'~ good and tarv?~I money of the Unred
Srates adva~~ced by the ~dJRTGAGEE umo the MORTGAGOR, as ewor.,cro by a ceriam promissory nore of e~en da!e herew~?1~, of ~wn~ch the fo~toM~ng in
~ords and figures is a~rue copy, to-wu:
s t 2, 000. oo No 3-t 8t ?
Fon P;~.«, ftorida, January 12 19 72
Fx va!ve rece~ved. I, we or eirher of ~s. P~om;se to pay, wrthout defaica~~on. fo ~ne ordrr of FIRST FEDFR:.I SAVINGS At~D LOAN ASSOC~ATION OF
~:?RT PIERCf ar Fcr! P~erce, Fio:~da, tnc su~n of s~?~~~•~ _ v..rh ~n!eresr tro~n date a+ ihe ra~e of _?•?~b per annum, in monthly insta~t-
• e-~rs as fo~:orvs: S--ZZ - a+ the ~ st' day of ~y IS__?? and a I~ke sum on ihe cw~espo~d.ng day of each momh therr
,,c!er until +he whole be futly pa~d .
fach i~stallment first aha:l be appl~rd m paymem o~ the ~nrerest and fhen on the ~npa~d ba!ance of r!~e pr~nc pal s~-r+, li d ault is made in the
.,.~nent of any insra'~iment .~.hen due, end such delau!t conf~nues 30 days, ~hen st the op+~~n of the ho~der, and wi+h~~c any o~he~ nof~ce, ail the remain~ng
~ralimenis shail be d,,e and payao~e at once. Pnv~tege ~s g~ven to prepay th~s nore in wfiok or in part at any t~me wrthout penalty. Neither iorebearance,
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r:~r atceptance by the holder thereof afrer any default i~ a~y paymems herenn, ahall be deemed eatena~on. A late payment charge of 5---=~. shall be
~~ci~d ro each insraiiment remaining vnpa~d 7 days after its due ~ate, ~nd a~~we sum sha~i be added to each sv.h ins+a~lmenl romain~ng unps~d 7 dayt after
~-a,h succeed~ng paymem date.
Each maker, svrety and enoo~ser hereof, jo~ntly and severaily, wa~ves demand, presen~mem proTest ar.d nor~ce of protest fw no~payment, and further
~3rees to any extension of hmt of payment, eirher before or affer mar~r~ry. w~~ho~t nor~ce ro any of us; and to pay all coats of co:lection, inciud.nq •
~t.,sonable attomey s fee in !he e~em of any defauit hereunder, and her~by se.e~aliy wa~ves a!! benef~f of homestead and exempTion under the constitution
~ d laws of each Sra~e of the United StaTes, aa aga~nst th~s obt~gat~on a any ex~ens~on a renewa! hereof.
Wi~ness ihe hand and seat of each party.
~ s/ i~filson D. Richardson (SEAI)
: ~-.WVL ~ ~ IL ~ r~
y. ~z~-.-tiZ . ~~»-'~5, (sent)
s Ma E. Rfcha on ~A~~
~18 . C~0 ' cs~?~~
~ sta,~ a~„~~~
NOJV, THEREFORE, the MORTGAGOR iw the purpose of securing payment of sa~d sum of S 12~~~•~ ,•nd the perfwmance of the
covenants and agreementa herei~affer e~pressed. ar,d for divees good a~d va:vabfe considerat;ons, by theu presents, does grent, baryain, se!t, rem~ae,
•~~ease, convey and confirm uMO the MORTGAGEE, irs succesw~s and assig~s, at1 that censin Iot, piete w parcel of land, situate, lying, and beinp in the
:ovnty of `St'. ~11Ci@ and State of Fb~ida, described as fotlows:
Lot 16, Block 119, Lt.1C~~'WQOD PAR~, IINIT 10, as per plat thereo_° on °ile
in Plat Book 11, Page 29A;29B;29C;29D, of Lhe Riblic Aecords of St. I.ucie
; County, Florida,~
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~ Z _ _ _ ~ t i- REC.f'YfD = y t~ ~~trrr~t oF T~
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- c~,,e ~ a~?ss ~c u(Tl1NG1dlE rERS~iiAl ~~fiP~RTr,
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a os c:c ::.._~~.s+~j _ Fu~cSai1WT 10 CtlA?iEA 71 1~1. AtTS af 1371.
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4:~.3G4112 ~ ~GvtF Y~tliu~.. (.;tft L:~CWf (Rr~L k~71Ut ~i0. fl~.
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~ rogether with all and singular the tenemenrs, hcreditameMS and ~ppurtances thereunto belong~ng or in anywise ~ppertainirg thereto, and •II renb, iuues,
p.oceeds and proins accr~ing and to att~ue from said premises, ~II of wh~ch are irxluded in the ebove and fwegoirg descriptwn and habendum.
TO MAVE AND TO HOLO the above described and 9ranted prem~sea unto the said MORTGAGEE, it~ succefsors and assipnt fwever. And tM s+id
~ :50RTGAGOR fw ---~e~=---- he~rs, eaecutws, ~dminisvators and assigns, hereby covenants with the said MORTGAGEE, its succeswrs a~d auiyro,
~~i the are
~hat -y lawfully x::ed of the said prem~ses i~ fee s~mple; th~t 1F+t same ~re free, ckar ~nd dixharged from all liera and ~ncurr~
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- :.•arxcs in law or in equ~ry, and rhat th~ w;ll a~d their heirs shall warnnt and defend the title to the sam~ to tM said
t MORTGAGEE, its t~ccesson and ass~ns, ~(orever against the lawful daims and demands of a~l persons;
PROVIDED, AlWAYS tha~ if the MORTvAGOR shall pay unto the MORTGAGEE the promissory note hereinbe(we described end shall truly, promptly
~ and fully perfwm, d~xharge, execute, complete, comply with and sb~de by each ~nd every the ~tipulations, agreements, conditiwa and covenants of said
- ~rom~ss~ry note and of th~s Mortgage, rhen this Mwtgage and the Estare hereby created sMll cease and be null ~nd vo~d.
:;i IT IS UN~ERSTOOD that the word "Mortgaga" whether in the s~nguia~ or plural anywhere in this Mort9age, sMll be sirpular if one only ~nd
shal~ be pturol pintly and severally if more than one, •nd that the word "~heii' as used ~nywhcre in ~hK Mor~yape ih~ll be t~ken to mean "his;' "Mn;'
or "its." wherevcr the conttat so implies or admirs. Also, that wherever there is s referente in the covenants ~nd a~reements herein contained to ~ny oi
rhe parties he~eto, the same sh~ll be construed to mean as wefl as the heirs, leyal rtp~esentatives, successon and ~si~yns (either volunury by acr of tht
= parties or involuntary by operatior of the law) of the same a~d that the covenants he~ein contained thall bind ~nd the benefits and advantayes inurs
ro the respective heirs, legsl represenfatives, successors and aas~gns of the parties hereto.
Y And said Mortgago?s, fo. themxlves and their heirs, legal ~eprexntativa, successors and euigns, hereby jointly and severslly covenaM •nd ~yree
~o and wirh ehe said MORTGAGEE, ~ts successo~s and assgns:
- 1. To pay aIl and sinpular the principal and interest and the various and aundry sums of rtaney payable by virtue of said prom~ssory note, ~nd ihis
mortpage, each and every, promptly o~ the deys respectively the s~me severally become due.
2. To p~y all •r.J s~npvlsr the tuces, assessments, levles, Iiabil~r~es, obl~gations a~d enc~mb~ancn of every nature ~nd kind now on taid dewibed
p.operty, pr that hereafte~ may be impofed, suf#ere~, pIKeG, Iev~ed, p•ssesse~ tl~erepn, d thaf I~ere~iter may De ievreC Of ~s~esKC upOn ttln MIO?1¢
age, a th ~ indebtedness secured hereby, each and every, when dve ~nd p~y~ble, ~ccad~~+g to lsw, belore they become delirpuem, and befwe ~ny interest
~rtaches w any penalty is i~tu~red; AirD IN$pFAR AS ANY TMfREOF IS OF RKQRD 2HE SAME SHAII BE ~ROAMiIV SATt5F1ED AND UISCHARGED OF
RECORD AND THE ORIGItvl~L OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REfEIPi OR THE SATI$FACTION VA?ER OFFICIA[lY ENDORSED
tv OR CERTIfIED) SHAII BE PLACED IN THE HANDS Of SA10 MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y tfiereof is not
~ ~a~d. sat s~~ed and d~scharged sa:d MORTGAGEE may a+ any nme pay the same w any pan thereof wifhour waiv"~ng or aHccting any opt:on, :ien, equ~ty p
'•=-E ~~~hi i~nder w by v~rwe of this mo•tgage and ~he iull amount o~ each and every s~ch payme~t shall be immediately due and payable and shall be~r interest
~ ~rom rhe date +hereof un~il pa~d af rate of n:ne pe+ cent~m pe. ann~m and togethe~ w~a ~rc 4 shall tx scc~by the lien of th's moryta9e.
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