HomeMy WebLinkAbout1577 ~ zz3sss
THIS IN~ENTURE. Mad~ the ~ day or Januar~ , A.D. 19_1s.. be~ween
i,l. R. Richardson and Ibris A. Richardson, his fe
of St+• ~11Cie Co~nty Flotid~, herei~afte~ designsted ~s tM "MOR~GAGOR;' •nd FIRST FEDERAI SAVINGS ANO IOAN
ASSpC1AT10N OF fORT PIERCE, a torporat~a+ orQanizcd and e:isting unde~ ~he laws of tM United St~t~s of Am~ric~ ~nd Mvinp ib principal plac~ of
bui~n~» in ~M City oi fort PiKC~, St. luci~ County, Flaida, hertinaft~r d~synattd a~ tM "N!ORTGAGEE."
WHEREAS ths MORTGAGOR is j~~tly indebted ro tM MORTGAGEE in the sum ot = 211~~~~ 9uod +nd lawful money of the U~~ted
S~atei advanced by the MORiGAGEE unto the MORTGAGOR, as evidencrd by ~ cenain p~omisswy note of evc~ date herew~ch, of wh~ch the follow~nq in
wordi and f~yuret it a frw copy, to-wit:
= 2Z,000.00 H, 3-t 7, 816
Fort Pierc~, florida. January ~ ~ ~q 72
fw value received, 1, we or eitAer of us, promix to pay, without de~alca?ion, to the orde~ of FIRST FEDERAI S.~AV.I~N~GS AND IQAN ASSOCIATION Of
FORT PIERCE at fort Pierce, Fb~id~, the aum of j21 ~~0~~ w~th inre~est From date at the rate of 1•~796 per ~nnum, in mortthly install-
~nenfs as fot!ows: i ~ 73 o~ ~he ~ St' d+y of ~y , 19 7~ snd a like sum on the cwrespond~n~ day of each month therr
et~er un1i1 the whole be (ully paid.
Each installment first shatt b~ appl~ed in payment of the inferest and ~hen o~ the unpa~d bal~nce of the princ~pal sum. If d ault ii made in the
rayment of any installment when due, and suth deFault continues 30 dsyf, then at the option of Ihe holde?, snd without any othe~ notice, all the remaining
~+~s~allments shall be due and payable ~t once. P~ivllege is 9~ven to prspsy this note in who1~ a in part a1 any t~me withoul pena{ty. Neither (orebearance,
ror accepunce by the holde~ thereof after ~ny defaulf in ~ny paymenb F~ereon, shall be deemed extenseon. A late paymcnt chirge of 8~ thall be
added to each inatallment remaininy unpa~d 7 days after its due date, a~d a like sum shall be addrd to each such installment remai~iny unpaid 7 days sfter
each succeedirg paymeM date.
Each maker, surety and endo~ser hereof, jointly and uverally, waives demsnd, p?escntmcnt protest snd notice of protest fa ranpayment, •nd further
agrres to any extension of t~me of payme~t, e~ther before a afte~ matur~ty, without not~ce ro any of us; and to pay all cosb oi collection, includ:ny a
reasonable attorney's fee in the event oF any defaulf hereunder, and hereby severally waives ell benefit of homestead and exemption unde~ the comtitut'an
r~~d laws of each Siate of the United States, as against this obl~ga~ion or any extension w rencwal hereof.
Witness tFk hand snd seal of each parry.
s/ K. R. RLchardson ~~U
(SEAL)
s/ Doris A. Richardsoa (SfAI)
$31.50
~ _ 1 srar• aevenue
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of = 21 1~~•~ and the perform~nce of tM
covenanfs and ~greements he~einafter expressed, and fa divers good and valuable tonsiderations, by these presents, dxs gr~nt, bsryain, sel1, remise,
-e:ease, convey and confirm unto the MORTGAGEE, iri sutceuws ~nd ~uiyns, all that certain iot, piece w pucel of land, situate, lyiny, and being in ths
County of St. I~IC~A aad State of Florida, described as fotlows:
Lot 3~, Block 158, ~~'~OD PARB, UNIT 12, as per plat thereof
~ on file in P7at Book 11, Page 26A;26B, of the Public Rscords
of St. Lucie County, Florida,
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~ DOC1fMErl7~n=_ S7AM~X
~ ~ j fEB-9'72 r~•4f~' = 4 111 PA~M~lCOF TAXES
O = - i 3 I 5 O= RECflYE~
~ ~ v ~octa~ OIIE ON qASS'C IN(1WCIBLE PEASONAt PROPERiY.
~ ~Z rURS1ll{N i T
O q ~ A P i E R 1 1- 1 3 4, A
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1 R06ER ~OtTWIS. Gerk Grwit Court. St luc+e Co. fla.
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rogetF+cr with sll and singular the tenem~nt~, heredihmenb and appwtsntes therwnto bslorgirg w in anywise ~ppertainit~p thereto, and ~II rmri, iuu~s.
proceeds and profits scaving and to uvue from s+id premises, all of whict~ are induded in the ~bove ~nd fore9oinp dacription and habe~dum.
~ TO HAVE AND TO HOID the abov~ described and yranted premises unto th~ said MORTGAGEE, ifs s~cc~tsors u+d a~sipns fwevN. Md tM wid
MORTGAGOR fa their executws, administratws ~nd auigns, her~by cov~nanri with th~ uid MORTGAGEE, i» tucttsson ~nd ~ssiprN,
t;i ~y~~
rhar - u-~v'-~-- lawfutty secud of the said prem~ses in fe~ simpte; tMl tM ~am~ ~?e fr~e, ckar and discFwr~ed fiom ~~I liens and encwn- ~
~ brances in law a in equity, and that
tb@9 will ~nd thA~' hein ahsll warrant aod d~ftnd th~ titl~ to tht s+m~ to tM s~id ;
N!ORTGAGEE, in successors ~nd ~ugns, faever ayainst the fawful claims ~nd demands of al) psrswu;
PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto tM MORTGAGEE the promiswry note hsr~inbefort destribed ~nd sh~ll tt~ly, promptty j
and fully pe?form, dixMrge, execvte, complete, comply with and ~bide by each ~nd w~ry the stipvl~tian, preerr~b, conditions and toveosms of uid ~
promissory nots ~nd of this Mortg+pt, then thi~ Nbrt9~pe ~ru! the Estate hereby ueated sMll paw and bs null a~d void.
~ 11 IS UNDERSTOOD that the word "Mwtq~ya" whether in the sinyular a plura) u~ywher~ in tfiu Mortype, shall b~ ~inpulu if on~ only aod
" sh~ll be plural jointly ~nd s~verdly if mon than on~, sr+d that rhe word "their" as used anywh«~ in thn Mortpa~ sh+ll b~ I~ken to m~~n "his;' "h~n;'
w"its;' wherever the contex~ w implie~ or admits. Alw, that wherevq ther~ is a ref~+enu in tM covenanb sr+d syr~emenn hsnin conqin~d to ~ny of
the partin hereto. the sam~ ~hall be construed to mean as well ~s tM hei~s, le9al r~pr~ser?tativts, uxcesson and au7pm (tithtr voluntary by acf of tFw
p~rties o~ inroluntary by operation of the law) of the same and that ~h• coven.nn herein conr•~r»d ahall and •rd ~h. b.nefin and adv~ntpta inur~
T~ ro the respectivt hein, leyd rcp~euntatives, succeuws and ~u'yns of th~ p~nies lureto.
- Md uid Mortgpon, fa themselv~s and their hein, leyal repr~sentativp, succeuon and aui9~s, hereby joinHy and avaally cw~nant ~nd ~yne
+o snd wi~h the s~id MORTGAGEE, iri svccessws and assi9ro:
- l. To p+y all and iinpular tM principal and inttreif a~d tF~e var'aus and sundry wms of ma~ty payablt by vinw of s~id promiswry r+ote, ~nd this
mort9~pe, e~ch ~nd every, promptly on tM days reapectively the sam~ Hv~rally becomt dw.
2. To psy sll ~nd ii~gular the taxn, ss~esunent~, levies, li~b~lities, obliyations ~nd tncumbrances of ~very n~tur~ ~nd kind now on uid desuib~d
„`;4 propertY, a fh~t here~ft~r m~y b~ imposed. ~uff~rd, pl~ced, levied, or anessed thenon, w that F~s~~afta may b~ levied a aa~ss~d vpon thb Mortp-
ay~, w th~ indebt~dn~s~ secured h~reby, e~d+ and wery, when due ~nd p+y~ble. .uo~d~np ro I•w, b~iwe they becan~ delinqwnt, and b~fon ~Mr Im~rat
::.i attathef w•ny penalty is incurred; AND INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SMAII dE PROJNPTLY SATISFIED AND OISCHARGEp OF
RECORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAYER OFFIGUIIY ENOORSED
OR CERiIFIEO) SHAII bE PLACEO IN THE MANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; and ie the ev~nt tMt ~ny ther~of is not
paid, sat sfied •nd discharqed sa:d MORTGAGEE m~y ~t any time p~y the same o~ any pan theteof withovt waivirp or afftdinp ~ny oplion, lien, equify a~
- •~ahr under or by virtue of this mortgaqe and the full arreount of each and wery ~uch paymeM shall be immedialely due •nd payable and shall b~a~ intere~t
, ~~om fF~e d~re the?cof until paid at r~te of nine per centum per •n~u+n ~nd toyetMr ~~tZi sy~~iest sha~t~~,~d by the lien of th:s mw9Uye.
~ BOOK ~ v PACE 5~~
V
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