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Home My WebLink About0161 - ^ -.~..v~ ' THIS INDENTURE, Made the 211d day oi Au9~st A.D. 19?? befwean _ Don I.. Ritchey and Roberta Ritchev.,, his wife St. Lucie ~ ^ of Cou~ty Flwidl, hereinaltea designated as the "MORTGAGOR," and ~FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaauon organized and existing u~der the laws o( ~he U~~~ed Statos of Americs •nd haviny its principal place of b~siness in ~he City of Fort P;eres, St. lucie County, flwida, hereinafter designs~ed as ths "MORiGAGEf: ' WHEREAS the MORTGAGOR i~ juslly indebted ta tM MORTGAGEE in the sum of j 67 good and lawful money of the Un~ted S~ates advanced by the MORit'sAGEE unto tho MORTGAGOR, as evidenced by a cer?a~n prom~sswy note of even date herewith, of which the following in ~ords and (igures is a trua copy, to-wit: s b7,500.00 ~ 3-18,633 Fo?t Pierce, Florida, AU9t1St Z ~y72 ~ fw value reteived, we or either of us, promise to pay, without de~alcafion, to the order af FIRST FEDERAI SAVIt~GS AND LOAN A550CIATION OF j FORT PIERCE ar fort Pierce, Florida, the sum of S 67 , 500 ,~,~;~h interest from date at the rate of 7• S 9o per annum, ir. monthly ins?all- ments as (oIlows: j 499 iSt day of ~tober ~q 72 and a like sum on the cwres ~n do of each month therr P~^d 9 Y af~er until the whole be fully paid. Each installment fi~at shalt be apptied in pay~ne~t of the interest and then on the urtpaid balance of the princ~pal sum. !f d ault is rrtde in the ;;ay~nent of any installment when dve, and suth defaull conlinues 30 days, then al the option of the holder, and without any otfiet nol~ce, all thr remain~ng ~~~siallments :hall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penatty. Neither fwobearance, nor acccptance by the holder thereof after any default in ony payments hereon, shall be deemed extension. A lote payment charge of ~4~95 , sbsl) be ad;Jed ~o each instatlment remain~ng unpa~d 7 days after its due date, and a I~ke s~m shall be added ~o each avch instaltment remair.i~ig ~npaid 7 days after each succeeding paymem date. - Each maker, surety and endorsen c~rcof, jointty and severally, waives demand, presentment prolest and notice of protest iw nonpaymenr, and further agrres to any extens+on o! time of payrnent, ei~her before or after maturity, without notice to any of us; and to pay afl costs of collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives ali benefit of homestead and exemption under the constitutan and laws of each State of Ihe United $~ates, as aga~nst this obiigaficn w any extens+oo or rertewal hereof, Witness the hand and seal oF each party. ~ S/Don L. Ritchey ~~Ai~ ' (SEAL) S/Roberta Ritchey (SEAI) ( $101. 25 ) State Revcnue «U NOW, 7HEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 67 a~d the performance of the covenants and aqreements hereinafter expressed, and for divers good and valusbte considerations, by these presents, dces g~an?, ba.gain, sell, ~emise, re!ease, convey and confirm unto the MORTGAGEE, its succeswrs and assigns, all that cenain bt, piece w parcel of lanc7, situate, lying, and being in the County of S~ . Luc ie ~ and State of Fbrida, deacribed ~s follows: Begin at a point 381.25 feet South of the [V4~ corner of the NB~ of th~ SW4 of Sectian 26, Township 35 South, Range 40 East; thence South 101.26 feet; thence East parallel with the Quarter Section Line to the shore of the Indian River, thence in a NorthMesterly direction along said ~iver 3hore approximately 110 feet to a point; thence West parallel with the quarter section Line to the point of beginning,includ- ing rfparian rights: Except, however, that part previously conveyed to r the Florida East Coast Railway Company and all rights of way for public Eoads. f a F~ O F2 I U A ~3S c IN PAYf/.~'tT OF TA?CES ~ Sl'L~ i^~ ~F F L O F? I UA RECEIVED S- ' ~j pv 'a`~ STI~i?~P T~ X p~JE Oti C~~'S `C' It~~`A'~CtStE ^E: 5~3:~t=.l ?~:'~°i~1. t?ocut~: ~ ~TA _ STI;vP Tax ~ . J z = ~u~ian '~a - - ~ - RS(lAliT 11 CitA~ . . ~ia3~. acrs oF iy~~. ~ - - - ~ ° _ ~ ~ p'5 12 5 = F~,.;:~ ~~T~.s y V ° 5 O O O_ _ CIERK CIi.Ci11T CvU~2T, ST. IUCtE 00, f1A of~pt.Of fE:ER~lE~'. - - ~j~ ~,~,~,L'C P.i1.190712 `~"w+~• - ?'i together with all and singular the tenements, hereditameMS and appurfances thereunto belonging or in ~nywise appeyainir~ fhe?eto, and all rents, iuues, preteeds and profiri stcruing and to accrue irom said premixs, all of which arc intluded in the above and foregoing description ~nd habendum. i0 HAVE AND TO HOtD the sbove described and g~anted premises unto the said MORTGAGEE, its iuccessors and aui9ns fwever. And the said their h~ORTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, it~ successon a~d ~ssiyni, the are ~hat --Y----- lawlully uized of the said premises in fee simplr, that the ~ame are free, clear snd discharged from all liens ~nd encvm- brances in law or in equity, snd that thev W~~~ a~ their heirs shsll warrant and defend the title to the same to the said MORiGAGEE, its successors and auigns, forever against the lawfu! claims and demands of sll persons; PROVIDEO, ALWAYS that if the MORiGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described snd ahall t?uly, promptty and fully perform, d~scharge, execute, compkte, comply with and abide by each and every the itipulstions, sgreemenri, conditions and covenants of said oromisswy rate and of this Morfgsge, then this Mortgsge and the Eatate hereby aeated sha!! cease and be nul! and void. IT IS UNDERSiOOD that the word "Mortgagor" wMether in the s~ngular or pl~ral anywhere in this Mortgsge, shall be singular if one only and shall be plural jointly and severally if more than one, and that the wad "their" as vsed anywhere in this Matgsge shall be taken to mesn "his;' "hers," or "its;' wherever the context w implies or admits. Alw, that wherever there is • reference in the covenants and ag~eement~ herein contained !o any of the parties hereto, tFx same shall be construed to mean a~ well as the heirs, legsl rspresentatives, successors and assigrts (either voluntary by ~ct of the pertiea or invofuntary by operation of the law) of the same and that the covenants Fx?ein contained shall bi~d ~nd the benefits and sdvantages inure ro the respective heirs, legal repreuntafives, sexcessors and au~gns of the psrties hereto. And sa;d Mo?tgagors, fo~ themulves and their heirs, legal repreuntatives, successas snd auigns, hereby jointly and severally covenant and ayree to a~d with the ssid MORTGAGEE, its svccessors and assigns: 1. To pay all and singulsr tFx principai and interest and the various and sundry sumt of morxy payable by virt~e of said prom~aswy note, and this morfgsge, each and every, promptly on the days respectivtly fhe same severally becpne due. 2. To pay all and singular the tsxes, assessments, levies, liabilities, obligations and encumbrsnces of every nature and kind raw on said described property, or th~? ?~ereafter may be impo~ed, suffered, placed, levied, w sssessed thereon, or thst hereafte? may be levied or essessed upon tf?is Mort¢ age, w the indebtedneu ucured hereby, each a~d every, when dve and payable, xcord;ng to law, before they become delinqueoL snd befwe ~ny iMerest attaches or any penatry is intuned; AND INSOFAR A5 ANY THEREOF IS OF RKOQO TME SAME SHAII BE PROMPTLY SATt$f1ED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCN AS, FOR INSiANCE, THE TAX QECEIPi OR THE SATISFACTION PAPER OFFICIAItY fNDORSfD OR CERTIFIED) SHAII 8E VIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN OAYS N~XT AfiER PAYMENT; and in the erent that any thereof is not paid, sst sfied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part tF~ereof witFa~t waivirg or affecting any option, lien, equity a ~~qht under or by virtue oi this morrgage and the full amount of each and eve?y such payment shall be immediately due and payable and shall be+r interest ~~om the dare thereof ~ntil paid ar rate of ~~ne per cen~~m per a~num and togefher w~tl~y¢~ hall be se~r~y the lien of th's morytsye. ~~I~~ ~ ~ ~ ~ ' , ~ - - ~ ~ `~~~T~~,~ ~ ~s~~s. ~ ~ ~ . ~