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Home My WebLink About2337 24102~ 1HIS INDENTURE, AMd~ the Z~th day of ~~~r A.D. 1972 ~ between Bugene M. Richazdson and Hope B. Richardsoa, his wife of St • j'~ @ Counfy Florid+, herein~fta designated ss the "MORTGAGOR;' and FIRST FEDERAi SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE, a corporation wysnised and existing under the lawi of ths United Sta~~s of America and havirg iri {s?incipal place of busineu in tM City ot Fort Pieres, 5~. Lucie County, Flaida, hereinaite~ desiynated a tFw "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE i~ the sum of = 25~~~•~ good and lawful money of the :'n~ted States advanced by the MORTGAGEE unto the MOATGAGOR, as evidenced by ~ certain promissory ~ots of even date herewitb, of which the following ln words and iigures is a t~ue copy, to-wit: 1~018970 z 25,000.00 • October 20 ~ 1972 Fort Pierce, Flwida, Fw value received, 1, we a either of us, p?omise to pay, without defalcstion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at fwt P~erce, F~ >rids, the sum of = 25 with intcrest from date at the rate oi7 • 25 76 per annum, in monihly inslall- ments as follows: S i98~~ ~n ~he lst day of Febr~=y . 19 73 and a like sum on the cwresponding day of each month fharr after until the whole be fully paid. Each installment iirst shall be app~ied in psyment of the interest and then on the unpaid bslance of the princ~pal sum. If d sutt is made in fhe payment of any installment when due, and such defa~lt continues 30 days, then a+ ~F~e option of the holder, and wi~hout any other notice, all the remsining ~nstallments shall be due and payable at once. Privitege is given to prepay this note in whole or in parl st any time without penalty. Neither fwebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed exte~sion. A late paymem charge of = 9~9O sh~ll be added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each iuch installment remaining unpaid 7 days aftet each svcceeding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, p~exntment protcst and notice of p~otest fw nonpayn+ent, and further agrees to any extens'an of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, inct~ding a reasonable attwney's fee in the event of any default hereunde~, and hereby severally waives all benefit of homestead and exemption under the tonstitut'an and laws of each State of the United States, as against this obligation or any extension a renewal hereof. Witness the hand and seal of each party. S/Sugene M. Richardson ~AU (SEAI) S/Hope B. Ric;hardson ~ (s~?U ( ~ 37 • ~ ) State Revcnue NOW, THEREFORE, the MORTGAGOR for the purpou of securing payment of said sum of s 25 t 0~ •~o~-. s~d ~he P~rfa~^+^~e of t!a covenants and agreements hereinaiter expressed, and fw divers good and valuable consideraYrons, by these presents, does grant, baryai~, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certai~ tot, piece or parcel of lsnd, situate, lying, and being in the County of $t. Lueie and State of Fbrida, described as follows: The Sou~t~ 4.28 feet of,0utlot 11; the North 168.58 feet ot Outlot 10; and the South 172.86 teet of the North 213.58 teet of Block 80, including t6at certain vacated 20 loot alley between I~ots 9 and 17 of said Block 80, WHITB CI?Y, according to the plat thereof recorded in Plat Book l, Page 21, of the Public Records of St. Lucie County, Florida I ~ i ~ ~ ~ STAT~ ~F LORIDL~. ~ STAMP tA>- I ~ OOCUME~1!tZARIf cO DEPT.OF REYENUE ' 's I ' ~ - =;,;,t 3. T2 . ~ 3 T. S 0 ~ s~~ ~ IN PArMENT pE TAXE~4 o~ P.L ~ ~ DUE ON CIASS ~C' INTMIGIBLE P~.'tSOiiAI PROPERIY. ~ j° o= ~ i ~02 M1RS1lANT TO GiAPTER 71-134. ACTS Of 19)L R06ER PORWIt ~ ;J CIF~ I~IT CUYRT~ ~T. lJJCIE 00. FlJ4 v together witb sll snd singular the tenements, hereditaments and appwtsnces thereunto belonginy or in anywise sppert+ini~g fherelo. ~~d r~nri, issva, proceeds and p~ofits accruing snd to acuue from said premius, all of which are included in the above and foreyoing dewiption and habendum. TO HAVE AND TO lD the above described a~d grsnted premises unto the s+id MORTGAGEE, its wccessws u+d auipra forever. Md tM said W~ORTGAGOR fot the~r heirs, executws, administrstws snd assigns, Fxreby covenanri with the taid MORTGAGEE, its successors and assipm. rhat - th=-Y-are _ lawfully seized of the said premises in fee iimple; that the same are free, clear and disch~rQed from all liem and ancum~ brances in law w in equity, and that they W~~~ their ~~n s~~~ w~rrant •nd dafeod rhe ~irk ro~he s.m. to th. wid MORTGAGEE, in suctessors and assigns, fw4ver against the lawful claims and demar?ds of sll persor?s; PROVtOED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiuay note hereinbefwe desoibed ud sh+ll truly, promptly ~ and fully perfwm, d~uharge, cxecute, complete, comply with snd sbide by esch snd every the stipulations, syreemenri, conditions and covenanis of ~aid prom~ssory note ~nd of this Mortgsge, then this Mortgage a~d the Estate hereby ueated shall cease and be null and void• IT IS UNDERSTOOD thst the wwd "Mo~tgagor" wFxther in the singulsr or plural snywhere in thi~ Mortgaye, shall be sinyufu if one only ~nd ~ shsll be plural jointly and severally if mwe than one, and that the wad "their" as ~sed ~nywhere in this Mort9aye shall be t~ken to mean "his," "hsn," ~ or "its;' wherever the context w impliet w sdmits. Also, that wherever there is s refe~ence in the covenants and ~greemenb herein cont~ined to any of the panies hereto, the same shsll be construed to mean as well ss the heirs, legal representatives, successon and assgra (either voluntary by ~cf of th~ parties or involunlsry by operatan of tix law) of the same and that the covenants herein coMSined shall birw! and the benefip and adv~ntsp~s inw~ to the respecrive heirs, legsl representatives, succeuors and sss'gns of the parties hereto. And ssid Mortgsgws, fa themulves and their F?eirs, legal representatives, successon snd suigns, hereby jointly and sevenlly coven~nt and syree to and with tFro ssid MORTGAGEE, its successws and auigns: 1. To pay all and singular the principal a~d interest and the variovs and sundry sums of money payable by vi~tue of said promissory note, ~nd tha mortgage, each and every, promptly on the days respectively the same severally becoms dve. 2. To psy +II and singvl~r the tsxes, aisessments. levies. IiabiliYies, obligaYwra s~d encumbr~nces of every nature and kind oow on said deuribed ~ property, ot that hereafter msy be imposed, s~ffered, pl~ced, levied, or +ssessed thereon, w that hereaher may be levied w auessed upon this Mort~- aye, w the indebfedneu secured hereby, esch and every, when dve and pay+ble, aaadirg to law, befwe they become delinquent, and before any int~ra~ attathes w any penalty is inc~rred; AND INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PROMPTLY SATISf1E0 AND ~ISCHARGEO Of RECORO AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSEO OR CERTIF~ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITMIN TEN OAYS NEXT AFTER PAYMENT; ~nd i~ tF~e event that •ny thereof i~ no1 paid, sst'sfied and discharged sa:d MORTGAGEE may ~t any time pay the s~me w+ny part lhereof witho~t waiving or affectiny any option, I~en, equiy o~ ~ •iQht under w by virtue of this nwrtgage and the full amount of each and every such payment shsll be immediately due and psyabk snd stull beat i~tere~t ~rom the date thereof until paid a? rate of nine per centum per annum ~nd toge~her with such int s s ured b~the~en of th:s mw9/~ye. ~ ~K~~ PAGE 3 n 0. i" ~~-+~+~^~.,`a~.: _,~v ~ ' ~ »~r.i.x"` .