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TMIS It:DENTURE. Made the-?~Lh day of Janua ry AD. 19 bcrween
_Marvin M. Richazctson and Fium~+ Jewel l_Fichardson~ h_is wifP _
,,c St . Lucie ~p~~ty Ftori~e. here~nafrer des~9na~ed as the "MORTGA,rSOR," and FIRST fEDERAI SAVINGS Ahp tOAN
ASSOCIATIOrI OF fORT PIERCE. • corporas~on organized and eRSt~ng undr~ ~hn lews of tha Un~ted S~af~s of Amer~ca and hsv~ng its pr~ncipal ptace of
u.,i~ness in the City of Fat P~ace, S~. luue Couoty, Flwida, hc-e~nafter desg~ated •s tht "MORiGAGEf."
WHEREAS the MORTGAGOR is just;y indebret! to ~he MOR7GAGEf in the sum of j_ ?$00~~ guod and la.rful money o( the Un,ted
~•ares ad:enced by rhe 1r.JR1:,AGEE un~o tlx MJR:GAGOR, es ev~denced by a cenain pram~ssory note o1 even dare herew~th, of v~h:ch th~ toilow~ng in
..o~ds and hg„rei ia a trur copy, fo-wit: ~
s%~sO0.OC1 ~3-17.855 +
fo.r P«,~., ilwida, ~anuary 20, 19 72 ;
For va'ue rece~vrd i, we or t~ther of us, prorr:se to pay, wiihout defnlcai~or., to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
=~RT PIERCE ar fon P~erce, F;o~:da, ~he s,.m of s__71S~.OO w,th ~nrerest from date af the rate of~!5_°: pe~ anr.um. in monthly install-
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•~TS as fot'ows: S_61~~ on the 15t day of _ r~ZCh 19_72 and a IiAe sum on thw cor.-spond~ng day of ea:h moNh there-
+'•rr unt~I the who:e be f;,ily pa~d.
Each ~nsialimrM first shail be aap:.ed in payment of the interest and fhen on the unpa!d balence of the prinrpal sum. !f d ault is made in the
,.•nem of any ;nual:menr when d~e, ~nd such detauh conrinur: 30 days, then at the opt~~n of the ho'der, and waho~t any other not~ce, all the remaining
s~aiiments shall ~e d,,e and payab;e at once. Priruege is given to prepay this note in whole or in part at any t~me without penatty. Neither torebearance,
accep~ance by ~he ho:der the~eof atrr~ any defautt in any payments hereon, ihall be deemed e:tensfon. A tate payment cherge oi 13~~-. shal) be
d ro eacn in5!d+i~:ent remam~ng unpa.a : da~s eftc~ ~ts ~,;a date, an~ a::s.e a::^i aha!! !a addec *e each svch ;n:rai~ment remaining unpaid 7 days after
-,;n wccee~~ng paymeni dafe.
Each maker, surety and endo.ser he~eof; jo~m:y and severally, warves demand, presentmero proteat and no~~ce of p~otest iw rwnpayment, and further
~::~ee: to any extens~on of t~n~t of paymem, etrher betore o~ aAer mar~rry, wtThout not;ce to any of us; and to pay atI costs of collection, includ:n~ a
--.tionab~e ar.omey~'a tee ~n fhr evem c( any detau:t hereunder, and hereby se~e~ally wa~~es a11 benefn of homestead and ex~mFt~a~ ~nder the constitWio~
: rows of each State o1 the U~~tea States, as aga~nst this ob.~9ation or any e,.rension or renewal hereof.
W~rness ~he harrd a:~d seal of each party.
s/Marvin M. Richarclson ~sE~U
/~S c /~l' (SEAI)
i"~'~-- IM ~ATMEJIT ~ ~~r~IEIDD1a Jewell Richardson ($fAl)
4iE C~A p~~ 'C 1~1ANk;~~ p~~~MA1 PSOPERII!
~~1M~~ 1~1 C?IA?i~ )1-13/, AC1S Of 1911. (SEAI)
SI1'25 1 S!ate Revenue ~t
~AS. C:tr1 Crrc„q C~tR St tuc.e Co. F~3.
NO'JV, THEREFORE, the MORTGAGOR fo~ rhe purpose of sccuring payment of sa~d sum of S 7 ~ 5~ , and the perfo?mance of the
covensnts and agreemenq hereinafter eapressed. and for d~vers good and valwble cons~derotions, by these presenrs, does grant, bar9ain, ~e71, rem:se,
-~:ease, convey and conf~rm unro fhe MOR7GAGFE, its succcssors and assigns, a11 ihat catain bt, picce or parcel of land, tituate, lying, and bein9 in the
=~unry of $t • I'uCIQ and Srate of ffor~da, de»u~bed fo~lows:
'"hat part of the East 330 feet lying Norih of the South 485 feet of the Southeast
. 1/4 of the Noztheast 1/4 of the Northeast 1/4 of Section 33, Townshig 35 South,
''ange 40 East, St. Lucie County, Florida,
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c.~ JOCtJ.'•S~~lTA~'" SiA~P 7pX
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r +ogether wlth all and singular the fenements, hereditamems and +ppurtances thereunto beionging w in anywise ~ppertaininy ihereto, ~nd a!1 rents, issues,
F v•oceeds and prof~ts acauing and to accrue from s~id premises, all of which are included in the above and fore9oing description and Mbendwn.
~ TO HAVE AND TO NOID the above desu~bed a~+d gr~ntcd premi~ei uroo tF?e s~id MORTGAGEE, its succesw.s and aasiyns forever. And tM ~aid
M,ORTGAGOR for 'heir execurors. adminis~rators and assigns, F~ereby covenanti witA the said MORTGAGEE, its suce~uws ~~d auiym,
the are
~ •~at - y Iawfully se~zed of the said p+cm~ses in fee s7mplr, that the same are free, clear and discharged from atl liens ~nd encum~
~~ances in law w in equity, and that they w;ll •nd t he i r heirs ihall wsrrant and defcnd the title to the samt to tf~e taid
~ r,ApRTGAGEE, its successws end assiflns, fortver sgain:t rhe IawfuS claims and demands of all perwns;
~ PRO~~DED, AtWAYS that 'rf the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hcreinbefore described snd shall truly, prpn tl
P Y
- and fu~ly perform, d~xharge, eaecute, comptete, compty w~th and ab~de by each snd every the itipulations, agreements, condiYwns and covsnants of saiE
p!OmitfWr note and of this Mortgage, then this Mortg~ge end the E:rate hereby created sha!! cease and be nuU and void.
_ IT (S UNDFRSTO00 th~t fhe wwd "Mortgagor" wherher in fhe singulsr w plural anywhere io this Matgage, shall b~ •in9ular if on~ only and
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shall be plural jointty ~nd severally if more than one, ~nd that the word "their" as vsed ~~ywhere in this Mortyage s1w11 be taken to mean "hi~;' "hen;'
- o. "its;' wherever the conte:t w impliei p admits. A(so, that wherever there is • reference in fhe covenanr~ a++d sgretments heiein tontained to any of
_ •he pa.tie~ hereto, the same shall be co~strued ~o me~n ss well •s the heirs, lepal rtpreunt~tivei, tutcessors snd assiyns (either voluntary by att of the
= parties w involun+ary br operat~on of the Isw) of the same and that the covenants Fxrein contained shall bind •nd the benefits snd +dvantsges inun
ro the respective heirt, iegal represenutiva, sutcesson and ass~gns of tF~e parries he~eto.
And seid Morrqagori, fo. themulves and their Fuirs, legal rep~escntatives, successw~ and a:signs, hereby jointly and sever~lly tmenant and a~ree
_ +o end with the said MORTGAGEE, its suuessors and ass~gns: ~
' 1. io pay •II •nd sinyular thc principal and i~terest and the various and sundry sums of money payable by virtue of said promitswy note, ~nd this
~ mortyaye, e~ch •nd every, prompNy on the days respect,vely fhe same sevenlly become due.
2. To p+y all and ~+ngular the taxes, astessments, lev~es, I~abit~r~es, ob~~g~tions and encumbr+rxes of every nature and kind r+ow on ssid described
p~operfy, w that hcreafter may be impo~ed, wffered, plated, levied, or asscssed thereon, o~ that Mereafter may be lev~ed a assessed ~pon this Mwt9-
age, a the indebtrd~esa secured hereby, s+ch and every, when dve ~nd payable, xcwdiny to bw, before they become delinqutnt, and bsfors ~ny int~rei~
a'taches a any penaity is inturred; AhiG INSOFAR AS AIVY THFREOF IS OF RE{ORD THE SAME SHALL SE PROMPTtY SATISftED AND ~ISCHARGEO OF
eECORD ANO THE ORIG1hAt O~FICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE iAX RKE(Pi OR THE SATt$FACTfON VAPFR OffICIAIIY EMDORSEO
= OR CfR11F1ED) SHALI 8E VLACED IN THE HANDS OF SAID MORTGAGEE Y~ITHIN TEN DAYS NEXT AFiER PAYMENT; and i~ the event ~hat any fhereof is no~
ua~d, saYsfied a~d d~scharqed sa d MORTGAGEE may at any t~me pay the same o~ any part thereof without wuving w ~ffecting any optio~, lien, equity w
•~~ht ~nder o~ by virtue o1 this mortgage a~d the f~.t amo~nr of each and every such payment shall be immediately ~ue and payable and shall bear intereit
i~om rhe date ther~f ~ntil pa~d at rare of n~ne per ce~tvm per annum ar.d together~r~ ~c}~j~rest ahall be y~y~ed by the lien of th's morytage.
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