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Home My WebLink About2758 ~ ~ 243483 ~ . TNIS INDENiURE. Made the 27th day of Novesber A.D. 19 72 between Nathan D. Rei~hart and Helen ~ R~ichart.~ hia vife . . of St • l.tlC~@ , Counfy florids, hc?einafter designated as thc "MOR7GAGOR," snd fIRST FE~ERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE, a corporaho~ w9ani:ed and ex~~~~~+g under the laws of the United S~at~s of Americs and having ib p~~ncipai ptace of business in ths ~ity of Fort Pierce, SI. lucis Gou~ty, Flwids, hereinatter desiflnated as the "MOQTGACsEE:' WHEREAS 1he MORTGAGOR is juitly i~deb?ed to the MORTGAGEE in the sum of j 29 ~ 5~~ „ good and lawful money of the Un~ted S+.~tes advancrd by the MOR(GAGEE uMO the MORTGAGOR, as evidencrd by a certam promisswy nole of even date herew~th, of wh~ch the iollowing in rords and f~gures is a true copy, to-wit: s 29,500.00 No 10019094 fort Pic~ce. Fia;ds, NOVV~ber 27 ~y72 For value received, 1, rn•e o~ e~~her af us, prom;se to pay, wirhout defa!cation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATIO~I Of %JRT PlERCE at Fon P;erce, Florida, Ihe sum of j 29. 5~. _„~„th interest from date at Ihe rate of ~i~4o per ennum, in monthly instafl- ,~~•„rs as fol!ows: 5--238.~~ on the lOLtlday of ~YCZ1 lq_ 73 and a like sum on the cwrespopd~ng oay of each month there- etrer until the whole be fulty paid. - Each install~nent iirst shall be applied in payment oi the interest and then on ~he unpa~d batance of the princ;pa! sum. If deleult is made in the ;.,,~nent of any ;nsta!iment when due, a~d such deiault continues 30 days, thrn at the optron of the hoider, and wi~hout any other notice, alt ihe remaining ~,srallments shall be due and payab:e at once. Privilege is given to prepay this note in whole ot in pa~f a1 any time wi!hout penalty. Neither forebearante, . no. acceptan~e by the holder thz~eof affer any default in any payments hereon, shall be deemed extcnsion. A ia~e payme~t charge of S 11 shal) be .:d:ted to each insra!lmrnt rema;n~ng unpa~d 7 days ~fter its due date, and a like sum shall be addrd to each such instaltment remaining unpaid 7 days a(ter rach succeeding payment dare. ~ ~ Each make~, surety and endorser hereof, jointly and seve~ally, waives demand, presentment protest and notice of protest for nonpayment, and further ,~rees to any extensio~ of t7me of payment. either beforo a after maturity, wirhout noGce to any of us; and to pay all costs of co~lection, indud~ng a ~;~.+SOnable attcrneys fee in the event of any defautt hereundrr, and hereby sev~.:~ waives all benefit of homestead and exemplion under the tonstitution ~ d faws of each Srate of the Unired Srates, as against this obtigatioo or any extens~on or renewal hereof. Witness the hand and sea~ of each party. s/ Nathan D. Reichart (SEAL) ~ (SEAL) s/ Helen B. Reichar~ $44 . 25 tsEnu i - 1 State Revenue :Gr«wp?~ewo~Yrr.~w~wg`~i~.n~~) . NO'N, THFREFORE, the MORTGAGOR fw the ur 29 5~~ ~ p pose of securing payment of seid s~m of = • • and the performance of the _t covenanu and agreeme~ts hereinafter expreued, and for dive~s good a~d vatuabte considerations, by these presents, does grant, bargain, sell, remise, re?ease, canvey and confirm unto t MORTGAGEE, its succeswn and assigns, etl that certain lot, piece or parcel of Isnd, situate, lying, and being in the County of St. i'llC~e and State of fbrida, described as follows: L.ot 11, Block 174, LAK~WOOD PARK, UNI? 12-A, as per plat thereof on file in Plat Book 11, Pages 35 and 36 , of the Public Recozds of St. Lucie County, Flozida b~ STA~j E oF FLOR(D~= ~ oZ OOCU TA~tYA-?::.~SlAMP tA~' ~ y _ ~ DEP't, 0~ REVENUF • ~ o- P9. "~`=C1~'T2 v~?~;~i 4 4. Z 5~ ~ f~N PAYMENT OF TA~ - ' DtIE ON CtASS 'C INTM1614LE PE'tSOPlAL PROPERTr~ o='~t'Z~ + PUR~NT TO p~A~ 71-13~. ACTS OF 1911. R06ER PORR/1S . CLERI( CIRCUIT OOURT, ST. LIICIE 00., FtA, !ogether with all snd singular the tenements, hereditaments snd appurtances thereunto belonging or in ~nywise appe+faining the~eto, snd a!1 renfs, iuues, t proceeds and p~ofits acuving and to accrue from said prem~ses, all of which are i~cluded in the above and faegoing description ~nd habendum. TO HAVE AND Ti}101p the above described and graMed premises unto the said MORTGAGEE, ib suctessors and asigns forever. Md tM said htORTGAGpR fw he ~Z heira, executws, adminis~rators and assign~, hereby covena~ts with the said MORTGAGEE, its successors ~nd ~ui~ru, ~hat th~-~~~- lawfully se~zed of the said premises in fee simple; that the tame are free, ckar and diuharged from all (iens and encum- b*ances in law or in equity, and thst the~ W;~~ a~ t~leit heirs shall wsrrant and defend the title to the same to the said MOR7GAGEE, its wccessors and assigns, fwever against the lawfvl dsims and demsnds of sll persons; PROVIDFD, AlWAYS thaJ if JI?e MORTGAGOR shall pay unto the MORIGAGEE the promissory note hereinbefore dewibed end shsll truly, promptly and fully perform, d~uharge, execute, complete, comply wirh and abide by each and every the stipulatio~a, sgreements, conditions and covenants of said promiswry note and of this Morfgage, then this Mwtgage and the fstate he~eby c~eated shall cea~e and be null and void. iT IS UNDERSTOOD that the word "Mo~tgago~" whether in tF~e singular or plural a~ywhere in this Mwtgage, shsll be sing~lar if one only and ihall be plural jointly snd severally if more than one, and that the wwd "their" ~s used +nywtKre in this Mortgs9e shall be taken to mean "his;' "hers;' or "its;' wherever the context so implies or admits. Also, that wherever the?e is a reference in ths covenant~ and agreements herein contsined to ~ny of rhe parties hereto, the same shall be construed to mean as well st the heirs, legsl representatives, successws a~d augm (either voluntsry by stl uf the parties or involuntary by operation of the law) of the same and that the covenants herein tontained shatl bind and the benefits and advantages inure ro the respective he~rs, legal represenrativei, successo~s and ass~gns of the parties hereto. And sa'rd Matgagors, fw themselves and their Aeirs, legal representatives, succeuors and assigns, hereby jointly and severally cove~ant and a~ree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singulsr the principal and interest a~d the varlous and sundry sums of money payabte by virtue of ssid promissory nofe, and this mortgage, each end every, promptly on the days ?espedively the same xverally become dve. 2. To pay all and sirgular the taxes, assessments, Icvies, ~iabitities, obligations and encumbrarxes of every nature snd kind now o~ s+id dewibed proptrry, w thst hereafter may be imposed, suffered, plated, levied, or atsessed thereon, or thst hereafter may be levied or usessed upon this Morf¢ age, w the indebtcdneu secured hereby, each and every, when due and payable, xcording ro law, befwe tFxy bccome delinpuent, and befwe any intereit arraches w any penalty is incurred; AND INSOFAQ AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGlIVAI OFFICIAI DOCUMENT (SUCH AS, FOR INSTAP{CE, THE TAX RfCE1PT OR THf SATISFACTION PAPER OfFIC1ALLY ENDORSEU OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AfTER PAYMENT; and i~ the event tFwt any thereof is not pa~d, saYsfied and dixharged sa d MORIGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, (ien, equity p ~~qht under w by virtue o( this mortgage and the fu71 amount of each and everY suth psyment shall be immediately due and payable snd sha~l bear interest ~~om the date thereof until pa~d at rate of n~r.e pcr cent~m per annum and together w~th s~rch interest ~hall be se~r~d ~~~ien of t~}~ r e, i ~j ° BG~I~ 1'1sG: tJ ~ ~ : _ ' ~~ry ~ ~~~r~~~~~"' ~ . _ ~ ~A~~ ~ . .