The URL can be used to link to this page

Home My WebLink About0228 3 2~7439 . ~ TNIS INDENTURE, Msde the l8th ~y of August A.D. 19 72 between ; Dr. Q. M. S. Richmond arid Beulah Richmond, his wife of $t. Lucie Cp~nty Flaida, hereinafter designated as the "MQRTGAGOR;' and FIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF FORi PIERCE, a co?porstion orqani:ed and sxistinp v~de~ ~he lawf of ths United St~tos of Amai:a and Mvinp iri principa) pt~ce of business in th~ Ciry of Fort Pierce, St. lucie County, flwida, herei~aftsr desiynated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is j~stly indebted to the MORTGAGEE in the sum of i 17 ~ 4~' , good and iawful mo~ey of the United Srates advareced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certa~n promi:swy nvA? of even date he~ewith, of wh~ch the faltowing in words and f' uret is + trus copy, to~wit: S 1~,4~0.00 ~ 3-18,692 Fort Pierce, Florids, Auf~LiSt 18 19 72 For value received, 1, we a either of us, prom~se to pay, wirhout defalcat~on, to the order of FIRST fEDERAL SAVINGr~S~ AiVD LOAN ASSOCIATION OF fORT PIERCE at Fort Picrce, Fbrida, the sum of S 17 ~ with interest from date at the rate of 7• 7'9'o per annum, in monthly install- ~nents as follows: i 143.00 on the 1St day of ~tober 14 72 and a like sum on the conespond~ng day of each month there- after until the whole be fully paid. Eath installme~t (irst shall be appl~ed in payment oi ihe interest and then on the unpaid balance of the prinupal sum. If d ault is made in the j Fayment of any installment when due, and such default continues 30 days, then at the opt~on of 1he holder, and without any other notice, all the remaining ; ~l~srallmcnts shafl be due and payable at once. Privilege is giveo to prepay this note in whole or in part at any t~me without penatty. Neither forebearance, nor acceptance by the hotder thereof a(ter any default in any payments hereon, shall be deemed extension. A late payment charge of Z 7' 1 5 shsll be added to each installment ~emairwng unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surery and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, snd further ag.ees to any extensan.of t~me of payment, either before or after maturity, without not~ce to ~any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in the event of any detault hereunder, and hereby severally waives all benefit of homeste d and exemption u~der the tonst' a~d Iaws of each State of the United States, as against this obligation or any extension or re wa~ hereof Witnes~ the hand and seal of each party. ~~f~ • _ - . . M. S. R' hmond 'a . s Beulah Richaond ~ 26.10 1 State Revenue . fbron+pstaneeMed-vn-vrigirreF nof~ ` NOW, THEREFORE, the MORTGAGOR for the purpou of securing psyment of ssid sum of = 17 ~ 400 • snd the pcrformance of tlw ~ covenants and sgrtements hereinafter eapreued, and fw divers good and valuable considerations, by theu presents, dxs grant, bargain, sell, remise, ; release, convey and confirm unto the MORiGAGEE, ifs succeawrs and auig~s, all that certain lot, piece w parcel of land, situate, lying, and being i~ ths County of St • I'uC ie and State of Florida, dewibed as follows: The South 12.2 feet of Lot 8 and all of Lots 10, 12 and 14, Block 3, . ~ SUNRISE TERRACE, a subdivi.sion as per plat thereof recorded in Plat $ Baok S, page 55, Public Records of St. Lucie County, Rlorida, ~ ~ I , t ~ ~ ~ I~ .>v.~ RIUA ~ : S~~~A i~~F L U c~ ~,t,,-~ ~~t~,~~~, u~ t~~ 57:~~P jpX ~ z ; _ ~ UOCUME~7A ai FA~~ ~ ` U ?'r - _ ~a^~°'~. t.~~~^Q(~ ~~i,~ i ~ Z = SEP-57Z = - 3 S f ~ = s _ = sj2 6 ~ 0 = ~~~t~c,` ~3~. s ~ EJ'' ; p = _ `~c~ ~ S~ 4j4R ~~~~t~p''~,\~~ ~ V oc~T. or ecrt~=.~~ ~-.r- ` P.B. ~90~ F~~~ o ~"A~~-R~~, Sj' ~ ; . . . ~S''~,~~ ~ • ~ . cf~- rogether with all a~d tingular the tenements, hereditamenri ~nd appurtances thereunto belaging a in snywise eppertaining thereto, and ~II rents, istues, ~ proceeds and profits ~cuuing and to xwe from said premises, all of wli~d+ sre inclucled in the above +nd foregoing deuription ~nd Mbendum. : TO HAVE AND TO HOLD the a6ove dewibed ~nd gronted prem'~ses unto the said MORTGAGEE, its sucussors snd auigns forevd. And tM said their A NIORTGA R for heirs, executas, administrators and assigns, hereby covenants with the said MORTGAGEE, its successon and ~siryro, ~ ~ that - t~ey a re ~awfully seized of the ~aid premises in fee simple; thst the same are free, clear and discharged from all liens u~d encua?~ ~ brances in law w in equity, and that they w~~~ their heirs shall warrant and defend the title to the sam~ to tM said ~ MORTGAGEE, its sucuuors and suigns, forever against the lawful clairra and demands of all pertons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall psy ~?nto the MORTGAGEE the promiuory note hereinbefore dewibed and shaU truly, promptly ~ and futly perform, dixMrge, execute, compkte, comply wirh and abide by each and every tFx stipulations, agreemems, ca+difiora and cove~ants of s+id ~ promissory note and of this Mortgage, the~ this Mortgsge and the Estate hereby ueated shall cease and be null and wid. 4 a IT IS UNDERSTO00 tMt the wad "Mortgayot" whether in the sirgular or plur~l anywhere in this Mortgage, sMll be sinpular if one a+ly aod ' ~ shall be pfural jointly and severally if more than or?e, snd that the word "their" as ufed enywhere in this Mortgage sMll be tsken to mesn "his;' "hen;' or "its; ' wherever the contcxt so implies or admits. Alw, that wherever thae is a referance in the covenants a~d, sgreements herein contained to any o~ _ the parties hercto, tlx ssme sMll be con~trued to me~n a~ well as the heirs, legal representatives, successws and assigns (either volu~t~ry by act of the parties or involunbry by operaYan of the law) of thr same and that the covenants herein contained shall bind and the benefits snd advantayes inun ro the ~espective heus, legal ~epresent~tives, successas and au'gns of the parties he~eta J And said Mortga9ors, fw themselves and their hein, legal reprexntstives, succcssors and assigns, hereby jointly and eeverally covenanf ~nd ayree ~ ro and with tFro s+id MORTGAGEE, its successors and assgns: ~ 1. To pay all and singular the principal and interest and the variovs snd sundry wms of money payable by virtue of s~id promissory note, •nd this _ ~ mortgsge, exh ~nd every, promptly on the days rapectively the same severally become due. ~ 2. To pay ~II ~nd singular the tsxes, asussmenti, levies, lisbilities, obligations and encumb~ances of every nature and kind now on taid dewibed properfy, a that heresfter may be imposed, tuffered, placed, levied, w suessed thereon, w that hereafter nuy be levied w usessed ~pon ti?is Mwt¢ ~ age, w the indebtedneu secvred hereby, each +~d every, when due and p~yable, according to Isw, before they become delinquent, a~d befwe any intereit artaches ot any penalty is incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SAiISFIEO ANO OISCHARGED OF RECORO AND THE ORlGINAI OFFICIAL DOCUMENi (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR TME SATISFACTION PAPER OfFICIAIIY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGfE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is not ~ pald, satisfied and dixharged sa:d MORTGAGEE may at any t~me pay the sartx o~ a~y part "thereof without wsiving or a(fecting any option, lien, eqoity a ~ •~qht under w by virtue of this mortgage and the (ult amount of each and every such payment shall be immediately d~e and payable and shall bear interest ~•om the date the?eof uMil paid at rate of nine per centum per annum snd together wlth su te j~ II be secured by the tien oi th:s maqtape. 80~ ~VU P~CE ~ z7 ~ _ z _ _