HomeMy WebLinkAbout2365 _ ~ . „r.~~ - - -
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THIS INDENTURE. Mad~ the ~ 7Lti day of reb~a~ A.D. 19 ?2~ between
S. r. Richardson and Gladys V. Richardson, his xife •
of St. Lucie Counry Florid~, F+ere~na!ter desyna~ed as 4FM' "~AORTGAGOTt,• •nd FIRST fEUERAI SAVINGS AND tOAN
ASSOCIATION OF FpRT PIERCE, ~ m?past~on wganized and ex~st~n9 u~de~ tM laws of t{~s Unired Stuos of Am~~ica and F+~virg iq prinup~i place of
b.,s~neu ~n ~he Gry of Fwt P~erc~, St. tucis G:unty, Florida, hcreinaher des~pnarsd u tM "QMORIGAGEE:'
WHEREA$ the MORTGAGOR ;s jusUy indeb?ed to the MORTGAGEE ~n the ium of S-i~~~0~~ good and lawful money of thc Un:ted
S!ates adranced by ~he MORiGAGEE unro the MORTGAGOR, as ev~denced by a certa~n prom~stotr note of even dste herew~+F~, of hh:ch the (aiow~~~y in
ro~ds and f~gures is a t~w copy, to-wit:
s R.~-~ 5-t 7 983 i
Fo?1 Pierce. Florida, '~bZ'L~A,~ ~ ~ _l9~_ ~
Fw value received, 1, we w eithe? of us, prom~se to pay, without defa!carion. to the ordcr oi FIRST iED:R.4t SAVINGS ANp IOAN A510LiAT10V OF
~~2T PiERCE at Fwt p;erce, Plo?id~, the aum oi j 8~~~•~ woh intr~est from date at the rate of 7•? ,o per ~rtn~m, ;n momhly in:talb
-~r-,rs as fo~'ows: = 61- pn the St day of ~~1 , 19 ?2 ~~d a like sum on ~he correspond;nq d+y of each month fhere-
e`~e~ uniil the who:e be f~fly pa:d.
fach ~nsrali.~nt fint shatl be appl~ed in paymenr of ~he inlerest and ehen on the unpaid balance ot rhe princ;pal sum. If d auft is made in the ~
.,,,mem of any instat;mem when dx, and such defau:t cont~nues 30 days, then a> >hc opT~on o4 the ho~dc?, ar,d w~~hout any othe? notice, all the ~emaining }
u+allrr~ents ahail be due and payable at once. Privii~ge is yiven to prepsy this nott in whole w in part at any t~me wrthout pcnalty. Ne~eher forebearance, i
~ q~ t
. or acceptance by the hotder 1he~eoi aiter any default in any paymcn?s her~n, ~hall be deemed cxtens~on. A latc payment charge of S~ shall be ~
;~iyed to each instafimena rcmain~ng unpa~d 7 days after in due date, ~nd a like sum shall be addcd to e3ch such ins~allmeM rema~ning unpaid 7 days after
each succeeding paymem date.
Esch maker, surety and endorxr hereof, jointty and uverolty, w~ives demend, presentment protest and notice of praest for nanpayrrKnt, and fu?ther
ag~ees to any ex+ens~on of nme of payrrKro, either before or after mafur~ty, withour not~ce io an~ of us; and to pay al{ costs of coliec+ion, includ~ng a
~easonabtc attorney s fee ~n the event of any defauit hereunder, and hereby severally waives all l~nefit of homestead and exemption under the constitution
+~d laws of each State of the United Stares, as against this obGgatio~ or any extens~on o? re~+ewal hereoi. ~
W;fness the hand and sea! of cxh ps.ry_ ;
S• u• Richardson ~ ~sEAu
(SEAI) 4
s Glac~ys V. Richardson
~12 • ~ t State Revenue
NOW, THEREFORE, the MORTGAGOR fo~ the purpose of securing payment of said sum of S ~s0~•~ and the pcrformsnce of tF+~
covenanh and agreaments hereinafter e:preued, end for d~vers good a~d valuable conside.srwns, by these presen+s, does grant, baryai~, iell, remiu,
•e•ease, convey and confirm v~to the MORTGAGEE, its a~ccessors and ~uigns, all that cer9ain bL piece or psrcel oi Isnd, situate, Iying, and be;ny in the
~avnty of St. ~11Ci8 ~nd Stste of Florida, dewibed as follows:
Begir.ning at the Northeast corner of the SF}~ of the NF~ of Section 20,
Toxnship 35 South, Range 1~0 East, run i~est 6b0 feet, thence run South
330 feet, thence run East C~bO £eet, thence run North 330 feet to point
of beginning, containing five acres, more or less, ?
~ S7AT ~ oF F= L O F2 [Dq ~ '
~ DOCUMENTAQ~
~ ~ = FE821~n - "~s r,~
M_`P~ . ~oca+~o ~.1~_ _ r~ ~arr~orr o~ r~xp ~
o wE oN aass ~ i~rr~u;~~e~.E Pf~scKU rpa~rtn.
= u
N U ~u~. oF ~tt~c~c • ~ Z 0 Q z '~i 10 CINMER 71-134, A~C'. S Of 1971. /1~'
u
~.~t~ • ...~w ~~R !'ONII~ qak Grcnit Ca+n. ~t_ l•~cie Gi. ~
rogerher w~rh all and singular the tenemenrs, hereditsmenh and appwta~ces rhereunto belor~y7rg o? ;n anywise appertai~ing tFweto. ~nd ~11 rents, iuue~.
p~oceeds and prof~ts ~ccruing and to scvue from said p?emises, ~II of which are included in the above ~rd fwa9oiny destriptwn and Mbendum.
TO HAYE AND TO HOID tht ~bov~ descr;bed and gr~nted prem;ses vnto tFw s~id MORTGAGEE, its tuccessors and ~ssipea fortv~r. Md tM s~id
MpRTGAGOR for hein, executas, adminis~rators •nd •uigru, hereby covena~ri with fhc t~id MORTGAGEE, iri succeswn ~nd ~sspns,
,h,~ - the~are _ ~~„~„i~Y ~;:~d ~ the said premises in fee ~imple: that the samt ua free, ckar and disch~~ped f~om all liera and tncwr~
b.ances 7n !aw or in equiry, u~d thar thep their he;n shdl wur~nt uxf defend the rirle to the same to tF» said
MORiGAGEE, its successors ~nd ~uiyns, forevN ayainst the I:wful claims and dems~ds of afl perwrq; ~
PROVI~ED, ALWAYS tM~ if the MORTGAGOR sMfl'p~y unto the MORTGAGEE the promiuory note hereinbefa~ dearibed and sha~l truly, promptly
and full~ perfwm, discharye, eaecvte, complete, comply wirh and ~b~de by exh ~nd every the itipularioru, ~greeme~ts, cond;tio~s ud ooveMnq of said
promiuo.y nore and of tbis MwtQaQe, then this /Mortpaye ~~d the Est~te hereby ve~ted shall ce~se u~d be n~ll and void.
IT 15 UNDERSTOOD tMt the word "Mort9~yor" whether in the sinqul~r a plural anywhers i~ tAis Mwtysye, shall be sinpul~r if on~ only and ~
sh~ll be plur~l jointly snd wverally if mor~ than one, a?~d thaf ti+~ wad "theu' as uied anywhere in th~s Mort9ape shatl be t~ken ro mt~n "his;••.hen;'
w"iri." wherever th~ context w implies p admits. Alw, tFuf wherever thcre it ~ refercnce in the coven~nts ~nd ayreements herein contained to ~ny oi ,
rhe puties hsret~ the ume tMlt be construed to mean as well af the heirs, kyal r~prese~tatives, succeswn and ~upns (either volunsuy by act of tF»
parties w invduntary by oper+tion of the Iaw) of the same and thst the covena~K herein tont~ined sha!! bi~d and the benefiti and adv~ntapes inure
ro tM respective hein, 1e9a1 representatives, wcceswrs and ass'~ns of tM parties F?~reto.
Md said Mortq~yors, for themselves ~nd their heirs, leyal represcnt~tives, successws and ~ssiyro, hereby joinHy ~nd ieverally covenant and apr~e
+o and wirh tFre ssid MORTGAGEE, in wccesson and ~uiyns:
1. To p~y all ~nd sinpular sf,~ pr~nupal ~nd interest aod tl.e wrious ~nd sundry wmt of money paY~ble by vinw of said promisaory note. ~nd tbis
rrwrtpape, each ard every, promptlY on the dayi respecfively the same sevQrafly becortw due.
2. To pay all and iif1~VIN the ta:es. ~uessmen~. kvies, lisbil~~~es, oblqstions snd encumb~ances of evcry MtN1~ and kind now on sa;d de~cribed
P~ope~ty. a that here~fter may bt imposed, wffered, pl~ted. {evied, or ~ssesseQ tf+erew~, w th~t here~htr may be tevied or ~sse~sed upon this Mort9.
age, o? tM indebtedneu secur~d hereby, each a~d every, when d~e ~nd payab~e. ~ccordirg w law, beiae they become dclinq~e~tt, and Mfw~ ~ny intaesr
arraches or any pen~lty is incwred; AND INSOFAR AS ANY TMEREOf IS Of RKORD iHE SA/Y~E SHAII 6E PROMPTIY SATISFIEp AND DISCMARGED OF
RECORd ANO iHE ORtGtNAL OFfICtAt OOCUMENT (St1CH A5, fOR INSIANCE, THF TAX RKEIVT OR ?HE SATISFACTION PAPER OFfIC1AllY ENDORSEfl
OR CERTIFIED) SHAII dE pIACED IN THE HANDS Of SA~'J MpRTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in rhe event that ~ny tF~e,epF ;s rwt
pa~d, sa~ sfKd and d~cchsrged sa:d MORTGAGEE may ~t a~y t~me pay ihe s~mc a any pan thercof wi~hout waivi.g w affect~ng any oprion, lien, eqvity or
•~~ht under w by virtue of this mortga9e and the fuil ~mount of c~ch ~nd every such payment ~hall be immed~ately due •nd payab~e ~nd shall ~ar interes~
~~om fhe date ther~p( untif psid at rate of nine p~r centum per ~nnum ~r~ toyether w~th wth interes~ shaU be s v.ed by the hen of th"s morytaqe.
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