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Home My WebLink About2258 ~•r, c. THIS INDEN7URE. Made the 7th day of February ~ A.D. 19~~ ,between Royce Wade Lippard and Kendra Lee Lippard, his wife - oi St.- ~11C1@ County Florida, hereina(ter designated as the "MORTGAGOR," and fIRST fEDERAI SAVIMGS A~'~O IOAN ASSOCIATION OF fOR~ PIERCE, • corporanon organi:cd and ex~iting u~de~ the laws of the Un~red S}aq~ of America and Mvin~ its principa) p~ace of bu~~neis in the City of Fort Pierce, S~. lucie County, florida, hereinafier designated a• ths "MORTGAGEE:' WHEREAS the MORTGAGOR it justly indebted to the MORTGAGEE in the sum of s_28l0~•~--_-__- good and lawful money of the Un.ted Srares advanced by the MORTGAGEE umo the MORfGAGOR, as eviJenced by a certa~n prom~sswy nore of even date herew~th, of wh~ch ~he foilow~ng in word~ and figures is a truo copy, to-wit: s 29~,000.00 r,b 3-17,~0? 5 fort Pierce, flaida, F@bI'U8I'Y 7 19_~ For vafue received, I, .n•e or either of us, prom~se to pay, without defalcar~on, to the order of FIRSi FEOERAI SA~VIN~G$ Ar:J 100.?J ASSOC~ATION OF F~~RT PIERCE at Fort Pie~ce, F~orida, the wm of S- -?=4-~ w~eh inrerest from date at ~he rate of _ r• 7°o per •nnum, in monthly install- -~~r~vs as foCows: 5--.?~?!~ - on the _ ~ St day of Ju~ 19- 72 and a Gke sum on th. correspo~d~ng day of each moNh there- erre~ until the whole be fully paid. Each insrallment first shali be applied in payment of the interesr and then on the vnpa~d balance of the prinupal sum. If d ault is made in the ;,~ment of any insrallment when due, and such default con+~nues 30 daya, the~ at the opt~on of the ho:der, and without any other not~ce, atf the romaining :nstaUmeNi shail be d~e and payable at once. Priv~iege is given to preaay this oote in whole or in part af any time without penalty. Neither forebearance, nor acceptance by the Fw~der thereof after any deFault in any payments hereon, shall be deemed extension. A late payment tharge of S- shall be ~~ddrd to each insraliment remaining unpa~d 7 days after its due date, and a iike sum shall be add~~d to each auch instal:ment rema~ning unpa~d 7 dsys after ~ach succeeding payment date. Each maker, surety and endorser hereof, join~ly and severally, wa~ves demand, presentment protest and notict of protest fot nonpayment, and further agrees lo any eatension of time of payment, e~ther before w alter matur~ry, without not~ce to any of us; and to pay all costs of co~lection, includ:ng a r~•~sonabfe atrorney"s iee in the event of any defau~t hereunder, and he~eby severa~ly v.aives all benef~r of homestead and exempt~on under the conuitution ,,~~d laws of each Stare of the United States, as against this obtigstion a any e:rension or renewa~ hereof. Wi~ness the hand and aeal of each party_ s/ Royce k~de Lippard (SEAI) (SEAI) s Kendra Lee LiPPB~ (SEAL) cs~nu ~2 ) State Revenue NO~IV, THEREfORE, the MORTGAGOR for the purpose of securirw~ payment of ss~d sum of t 28~~~•~ •nd rhe pe?fwmance of the covenants and agreements hereinaiter expressed, and for divers good and valuable cons~derations, by these presents, does grant, bargain, sell, rem~se, rE-tease, con~ey snd confirm umo the MORTGAGEE, its ivccessors a~d ass~gns, all that certain lot, piece or parcel of I~nd, siwau, lying, and being in ths Counfy of St. Iucie $tate of Flor~da, deacribed •s follows: Lot 61 , RIV~L.R OAKS ESTATFS, as per plat. thereor on file in Flat Book 16, Page 5, of the Pub2ic Records of St. Lucie County, ~'lorida ~ f F I ~ ~ i 3 E ~ ~ STAT~ L O R 1 L~ A~ aECE~v~o s -~'v HI PAYMEM OF TAXE3 y fj } D~,~~?fl STAMP TA X UtiE OY CL'ISi 'C IN7IWGIBLE PERSONAL PROPERIY, v ~ ~ ~ _ _ `d.... ~ - _ PUFtSU~yT TO CFiAPTER 71-134, ACTS OE 1971. ~~t~ fr ~ O _ fE81~72 - = RG~ER POITWI~, Cterk Cirwit Court, St. ~ucie Co. Fla. 5- N V elaT.M ecrEYll[ O O- ~ ~;ititlt ~ • a' - rt ~ rogether with all and singul+r the tenements, hereditaments and ~ppurtances thereunto belonging a in •nywise +ppertsininy 1he~eto• ~nd a~~ ~e~ts, iuws, ~ p~oceeds and proffts eccruing and to accrua from said prem~ses, all of which aro included in the ~bov~ •nd fore9oir~y deuription •nd habendum. TO HAVE AND T HO 0 the above described and yranted prem~ses unto rhe said MORTGAGEE, its successor~ ~nd assiqns forevN. Md tM said y`°: ?E: ~ MORTGA R fa T---- heirs, exetutors, administrarors and assigns, hereby covenants with the ~~id MORTGAGEE, it~ succeuors ~nd auiqro, rhat --~ey-a1°-- ~aWr„ur se~:ed of the said pren+isef in fee simp~e; that tFw same ~re free, clear ~nd discharyed from all lien~ a~d ~ncvm~ b.ances in law or in equity, and that they w,~~ i~ their hein shall w~rrant ~nd defend the title ro the samt to t!» uid ~ MORTGAGEE, its successws and assigns, fwever ayainit tM lawful claims and demands of all perwns; - PROVIDED, AIWAYS that if the MORTGAGOR sha~l pay unto the MORTGAGEE the promisswy ~ote hcreinbefor~ deuribed and thall truly, promptly and fully perform, d~uharge, execute, complete, comply with and sbide by esch and e•+e~y the ~tipul~tions, sg.eements, conditions snd covenants of said , prom~ssory nots snd of this Mortgage, then this Mwtgage and the Estste hereby created sMll cease and be null and void. IT IS UNDERSTOOD that the word "Mortyagw" whether in the singular o? plunl anywhen in thit Morty~ge, shall be sinpul~r if ont only and t ' ahall be plural jointly ~nd severally if more than one, and that the wad "their" as uscd anywhere in th~s Mortpagt sh+~l be taken to mean "his;' "hen," or "its," wherever the conteat w implies w admitf. Also, that wherever Ihere is • reference in the covertants and a9reements Fxrein contained to +ny of ~?~he parties hereto, the same shall be construed to mean as well as the heirs, ley~l r~presentatives, successon +nd assi9ns (either voluntary by ~ct of the 1~4narties or involunrary by operatan of the Iaw) of the tame and that the covenants herein conuined shall bind and the benefit~ ~nd adwntayes inur~ A~to the respedive heirs, le9al repreuntatives, succeawrs and au~gns oi the parties heroto. - ';*:~sf And said Mortgagors, fw themselves and their heirs, legal representatives, successws and assigns, hereby joinrly and severally coven~nt and ayree ~ro and with the said MORTGAGEE, its successws and assigns: ~ ~ 1. To pay all and singulsr the printipal and interest and the various and sundry sumt of money payable by virtue of said promissory note, and this - ~ mortgafle, esch and every, prompNy on fhe d~ys respectively the seme sererally become due. : 2. To pay all snd ~~ngular the t~xes, assessments, lev~es, Gabilities, obligatioe+s and encumbr~nces of every nature and kind now on ta~d desaibed = ~property, o~ thst hereafter m~y be impofed, suf(ered, plsted, levied, w sssessed thereon, a 1Mt here~fter m~y be levied p~uessed vpon this Mwty- _ l..,~aye, a the indebtedneu secured hereby, e+ch and e ery, when due and payable, xcordi~ to law, before tFxy become d~linquenl, and before any inte~at _ . attaches or any penalty is incurred; AND INSOfAR ANV iHEREOF IS OF RKORD iHE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF = RECORa ANO iNE ORIGIPiAI OFFICIAI DOCUMENi (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACiIOfV ?APER OfFIC1AllY ENDORSED OR CERTIFIE~) SHAII BE PtACED IN THE HANDS SAID MORTGAGEE WITHIN iEN ~AYS NFXT AfTER VAYMENT; and in the event that ~ny thereof is not pa~d, sat sfied and d~schargtd sa:d MORTGAGEE ay a? any nme pay the same w any part thereof w~thout weiving o~ affectinq any option, lien, equity or - •~qht ~nder w by virtue of this mo.rgage and the 1u11 amount of each and every s~ch payment shall be immed~etely due and payable •nd shall bear interef~ - ~.om the date thereoi until pa~d a? rsre o~ nme per cent~m per annum and togeehe~ w~th •uch intere~t shall be secured by the lien of th:s mot9taye. . . . ' . _ . - . _ . :4 ~ . . . .