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Home My WebLink About2133 . iG~34~f5t% , ` _ THIS INDENTURE, Made the~ 2Sth day of '~uly A.D. 19 72 between Mitchell B. Rech and A. Marguerite Rech , his wife of $t. L11Cle County Flwida, hereinafter designatet~ q~ 1hs "MORTGAGOR," snd FIRST FEUERAI SAVINGS AND LOAN AS$OCIATION OF fORi PtERCE, • co~poratio~ organized and exisl'eng undet the la~s of 1hs United Statas of America and haviny its ptincipal place of business i~ tM City of Fwt Pi~rce, St, luca County, Florida, hereina(ter designated as tM " RiGA-G€E:' WHEREAS fM MORTGAGOR is ju~tly indebted to ths MORTGAGEE in tF+e sum of = ~3 ~ 5~' ~ , good and lawful money ot the Un~ted , Sfates advanced by the MORTGAGEE unto the AAORIGAGOR, as evideoced k~y a certain prom;uay nole of even date herewitF+, oi wh~ch the following in 1 words and figuret ii a trvs copy, to-wi~: , a s 23, SOO.00 i,~, 3-28,605 ; Fwt Pieres. Florids, Jtl~V 2S 1972 Fw value received, 1, we or either of us, prom~se to pay, without defalcation, to the wder of F(RST fEOERA~ SAVIfYGS At~iO LOAN ASSOCIATION OF fORT PIERCE at Fwt Pierce. Fbrida, the sum of j 23 ~ S~•0O w;th interest from date at the rafe of 7~7~ per annvm, in ~r.onlhly install- ~nents as fol!ows: S 19'3•~ on the 1St day of SQ tember ~~9 72 and a like sum on the correspa~ding day of e+~fi month there- af~er uMil the whole be fully paid. Each instaflment first shall kx applird ~n payment of the interest and then on the unpaid balance of the p~inupal sum_ If d ault is made in tha Faymeot oi aoy installment when due, and svch default con~inues 30 days, then ~t the option of ths hotder, and w~thout any othe~ no+ice. alT tFx remain~ng :~,stallments shall be due and payable at once. Privilege is given to prepay_ this note in whole or in part at any time without penalty. ~~eitFm forebearance, nor acccptance by the holder thereof after a~y default in any payments hereon, shall be deemed extensioo. A late payment charge of = 9!~,65 shall be added to each installment ~emaining uopa~d 7 days after its due date, snd a like sum shali be added to each such installment rema+ning unpaid 7 days sfte~ each sutceeding payment date. Each maker, surety and endaser hereof, jointly and severally, wa7ves demand, presentment protest and ~otice of protest for nonpaymenf, and further ag~ees to any extension of time of payment, either before or aSter maturity, without notice to any of us; ar.d to pay all tosts o( collectian, includ~ng a ' reasonable attorney's fee in tbe evenl oi any detaalt he~eunder, and hereby seve~ally waives all benefit of homestead and eaemption under the constitutan ~ ~~~d laws of each State of the United States, as againat lhis obligation or any exteniion o~ renewal hereof_ ~ W~tness the hand. and seal oF each Rarty. ~ " (SEAU ~ S Mitchell E. Rech ~A~ j (s~?t) S A. Marguerite Rech ~ 35.25 ~ State Rever?ue i5tmepa.uocalled m oripioal.r~oW NOW, THEREfQRE, the MOR7GAGOR for the purpux of secvring payment of said sum of = 23 + 5~ , and the performance of ths covenants and agreements hereinafter expreued, and fa divers good a~d valu~ble considrations, by these preunts, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its iuccessws and ~ssigns, all that cerfain lot, piece w parcel of land, situate, lying, and being in ths County of St. LIICle State of Flwida, d~tg~1 ~~~l~p~' Lot 3, Block D, ANDREWS AND RICHARDS addition to/ as per plat thereof on t file in Plat Book l, page 191, Public Records of St. Lucie County, with ~ riparian rights thereto ~ ' ~ . ~ W 5 ~ A~I ~ t ~ ~ 1= L U!~t I t~~ A v F ~rr;,~~~f~!TA~~' S7A~1? i^.X ~;;~ES ~ z _ _ 6~,'"_..,~-- - _ .c~`Z 4~ -,E.•~~. ~ = a.t~ - rit r~a~~~ 3 5 2 5= ~ ~ Q;~~~,. a~~Q~; a~~. ` ~ ~ si~~? t_~ C/ F ~ ~ {A S.::i.~Fi'E~f::~_il.~ = ~'vA•`:~ - _ ~ uG~Q~'~~~pC~SO F~p'' ~ p 19 0112 _v.,:~'"~ . ` ~ ~`~to. ~~.13~' ` ~~r S'_ ~~a t~~A~ ~c.~E cA ; ~~f.• ~1AQ R~ i a~ p.~ ~~0~ 4~`~~~t'~' ; ~ ~ f~ _ ; i i ~ ~ S c 4 j i together with sll and sing~lar the tenements, hereditaments and appurtances thereunto belonging a•i~ anywise ~ppert~inir?p thereto, ~nd all rents, iuues, S p.oceeds and profits acauing and to accnie from said premises, atl of whid~ are included in the above and foregoi~g description and hsbendum. TO HAYE AN~ TO HOId the above dexribed and granted premises unto the said 1N()RTGAGFE, its strcceuors and ~ssqra forever. Md th~ ssid MORTGAGOR {w --thelr lxirs, executors, sdminist,arors and autgns, hereby coven~nts with thc said MORTGAGEE, its ivcceuws and ~ssgro, rhat -~~y a r~---- lawfully seized of the said {xemises in fee simple; ih~t tke ume are free, ckar and dixFurged irom ~II (iens and enc~m- i brances in Iaw a in equity, a~d thst t~1eV will and their heirs shall warrant and defend the title to the sarrw to the said M.ORTGAGEE, its succeasws and auigns, fwever yainst the lawfvl claims and demands of all perswu; - PROVIDED, ALWAYS thst it the MORTGAGOR shsll $ p~y unto the MORTGAGEE the promisso?y note hereinbefore described ~nd thall truly, promptly ! and fv1ly perform, d;xM~ge, execufe, complete, comply with and abide by each and every the sfipulations, ag~eemenb, cond;tions and coven~nts of iaid promiuory note a~d of this Mortgsge, then this Mortgage and the Estate hereby ve~ted shall ce~se snd be null and void. IT IS UN~ERSTOOD that the word "N4ortgagor" whethe~ in tF~e singular or plural anywhere in this Nlortg~ge, shall be sinyulsr if o~e only and shatl be plural jointly and severally if r»ore tMn one, and fhat tMs wwd "tF~eir" as used anywhere in this Mortqsye shall be taken to mean "his:• •'hen or "its;' wherever the context so impliea o~ admits. Also, thst wherever there is a refererxe in tF~e coven~ntt and agreemenri herein comained to any o~ the psnies hereto, the sarre shatl be construed to mean as weli as the heirs, tegel npresent~tives, succetson and assiqns (either voluntary by act of tl+t parties or invol~ntsry by operai~on of the law) ot the same and that the covenants herein contained shall bind ~nd the benefits and advantsy~ inure to the respective heirs, legal rcpresentstives, successors and ass'gns of the psrties hereto. And said Mortgagors, fo. themxlves a~d their }?ein, lega~ representativa, succeuws ar+d sssigns, hereby joinNy and severally covenant and syree to and with the sa;d MORTGAGEE, its successas and assigns: 1. To pay sll and singular tFx principal and intereit ~nd the variars and sundry sums of money payable by virtue of said promisaory note, •nd this mwtg~ge, esch and every, promptly on the days respectively the same sevarally becortK due. Y. To p~y all and s~ng~lar the taxes, auessme~n, levies, liabilities, oblig~tioen and enc~mbnnces of every nature ~nd kind now on ~a7d da~aibed Prope?ty, w tbat F~eresfter m~y be imposed, suffaed, plxed, levied, a assessed thereon, o~ th~t hereafter m~y be levied w usessed vpon tha Mat¢ age, a the indebtedneu secured hereby, each and every, wl+en due and psyable. ~ccwding to I~w, before they become delinquent, ~nd before any interest atraches or any penalty is incurred; AND INSOFAR AS ANY iHEREOF IS Of RKORD THE SAlAF SHAII BE PRONIPTLY SATISFIE~ AND DISCHARGED Of RECORD AND THE ORIGINAI OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPI OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE NANDS Of y?ID MORTGAGEE WITHIN iEN OAYS NE?Ci AfiER PAYMENT; and in fhe event rhat a~y fFiercof ii rwi paid, sar'sfied and dixharged sa'd MORTGAGEE may st any t~me pay the same or sny part thereof wit?wut waiving or affectiny iny option, lien, equity w ~~~ht under p by v~rtue of this mongage and ~he full amoum of each snd every svch payment shall be immediately due a~d payable ~nd shall bear inte?est ~.om tix date Ihereo/ vntil psid at rate of nine per centum per annum and t y~ h inter cured by the lien of th:s rtwr9tsge. ~BO~OK ~Y PAGf~c~,'~ ~ ~ ~ - r- . . ~ ~ ,s~