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Home My WebLink About2760 ~ ~ . 243484 10 THlS INDENTURE. Made the ~r7th d~y of • Nnvtsnhp,,,Z , A.O. 19~~,a, bet~een of Indian R iver County Flwida, here~nafte~ desgna~ed as ?he "MORTGAGOR," and FIRST FEDERAI SAVtNGS AND IOAN A550CIATION OF FORT PIERCE, a corpora~~on organized and ex~sting under the laws of 1he Un:~~d Statfs of America and having its principal place of busineti in the City of Fort Pierce, 5~, tucie County, Florida, hereinafter designated as the "MORIGAGEE." WHEREAS the MORTGAGOR is ju~Ny indebted to ti~e MORTGAGEf in the sum of = 29 ~ 500 yo~ ar.d lawful money of the Un:ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~dencrd by a certain promissory note of even date herew~th, of wh!ch the ioiiowing in wor~s and fi ures is a~rue copy, t6wit: s 29,Sd~0.00 ~10019093 Fort Peeres, Flwida, - NnvPiwheY 27 19~2 Fw value rece~ved, 1, we or ei~her ol us, prom;se to pay, without defatcar~on, to ~he order of FIRST FEDERAI SAVINGS AND LOAN ASSpCIAT10N OF FORT PIERCE at Fort Pierce, Florida, the sum of S-~4.~-~Q..QQ~___ w;th interest from date a! the rate of _~5°o pe~ annum, i~ monthty inslall- ~~ents as fol:ows: S--z~B on the lOLhlay of Mareh ~q_7~_ and a Gke sum oo the correspond~ng day of each month there- airer until the who:e be fully paid. Each ~nstallment first shalt be ~pplied in payment of the interest and then o~ the unpa~d baiartce of the p~inc~pal sum. lf default is made in the ;.~;~nent of any insral~ment when due, and such default contin~es 30 days, then at the op~ion of the holder, and without any other not~ce, all the remaining ~~•sraL'~nEnts shatl be due a~;d payable at once. Privitege is g~ven to prepay this note in whole or in part at any time w~thout penaffy. Nefther forebearaece, nor acceptance by the holder thereof after any default in any payments he~eon, shall be deemed extension. A late paymenf charge of S_ ll~~shall be .~dded to eath inataUment remaining unpa~d 7 days afte~ its due date, and a fike wm sha~l be addad to each such instal~ment remaining unpaid 7 days after each sutteeding payn:ent date. Each maker, surety and endo~ser hareof, joi~tly and severatly, wa~ves demand, presentment protest and no~ice of protest io~ nonpayn~nt, and further agrees to any extension of tirne of payment, either befor~ or after maturity, without not~ce to any of us; and to pay all costs of collection, includ:~g s ra,sonable atrorney's fee" ~n the event of any default hereunder, and hereby sL~veralty waives aIl be~etit of homestead and eaemption under 1he con~titulion ~.d laws of each Staie of the United States, as against this obtigation or any exrension or renewal hereof, Witness the hand and sea! of each party. _5/ Nathan D. Reichart (SEAU (SEAI) (SEAI) s/ Helen E. ~ichart ~ csea~) ; 4a • 25 ~ State Revenue eow~A•o~ea11~ w*w~j7~a~ ww~! NOW, THEREFORf, the MORTGAGOR fw the purpose of securin a ment of said sum of S 29 5~0. d~ 9 P Y t and the performance of the covenanls and agreements here+nafter expressed, and fw d~re~s gwd and vafuab!e tonsiderations, by fhese presents, does grant, baagain, sell, ?emise, re;ease, convey and conf~rm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the Couny of $t LtiC lQ ~ and State of Fbrida, dexribed ss follows: Lot 20, Block 174, LAKEWOOU PARK, UNI? 12A, as =ecorded in Plat~Sook li, ~ 'Pfage6 35 and 36, of the Public Records of St, l.ucie County, Florida,? . _ STATE oF FLORIDA ~ d ~OCUMEN7AR1f ~~STAMP TA X ~ c ~ DEPT.4f ~lEYENiUf F~' r I ~ ~ _ :Clil2f~ ~ ~ ~ Z J ~ c _ P ~ ~ _ IIIA2 t~•...~ ~ O C~~S ~C' INT ~ [i ~N PAYM~ ~ ~ 1UtGIBLE PEqgp~ P~.~~, ~~T TO CNIWTER 71-13~. ACTS OF 19)l. ROGER Pp~~~ `>f~~ ~ CIRCUIT CpURT, ST_ LUCIE l~p_, ~ rogether with sll and singula~ the tenemcnts, hereditaments and appur~ances thereunto beto~ging or irt anybvise appertai~'rnq thereto, and ap rents, iss~es, p~oceeds and profits accruing and to accrue from said premises, alI of which are :ncluded iw-~Fi!'a'~ove and foregoing description snd habtndum. TO MAVE ANa TO HOIO the above described and granted premises unto t6e said MORTGAGEE, its successors and ass'gns forever. And the said the ir h',ORTGAGOR for he;rs, executors, administratas and assigns, hereby covenantf wilh fhe said MORIGAGEE, its succ~sws ~nd astigns, rhar the dYC _ ~awfully seized of the sa~d premius in fee simple; that the ume are free, clear s~d dixharged from s4 I'iens and encum- brances in law or in equity, and that- ttle V W~~~ a~ the ir heirs shalt warrant and defend the title to the same to the seid ;rORTGAGEE, irs successors and assigns, faeve~ against the lawful clsims and demands of atl persorts; PROVIDED, AlWAYS that if the MORTGAGOR ahall psy unto the MORTGAGEE fhe promissory note hereinbefore described snd sFull truly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of t~id oromisswy nate and of this Mortgage, then this Mwtqage ar.d the Estate hereby ucated shall ce~se snd be nutl ~nd void. IT 15 UNDFRSIOpD that the wwd "Mortgagp" whether in the s~rgular or plural anywhere in this Mongsge, shall be singular if one o~ly and shall be plural jointly and severally if more ths~ one, and that the wwd "the;r" as used anywhere in this Mwtgage shall be taken to mean "his;' "hers;' or "its;' wF~erever the comext so implies or admits. Aiso, that wherever there is a reFerenct in the covenants and sg~eementa here;n contained to any of ~he psrties hereto, the same shall be construed to mean as well as the he~rs, legal rep?esentatives, successors and sssgns (either volumary by sd of the parties o~ involuntary by operation of the law) of the same and that the covenants herein contained shalt bind and the benefits and advantagp inure ro the respective I~ei?s, legal representstives, successors and ass~gns of the parties hereto. And said Mortgagors, for themxlves and their hei?s, legal representatives, successws and assigns, hereby jointly and severally covenant snd ~gree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal snd interest and tF~e various and sundry sums of moreey payabfe by virtue of said prom;ssory note, and this mortgage, each and every, promptly on ihe days respectivcly the same xverally bccome due. 2. To pay all and singutar tiro taxes, assessments, levies, liabilities, obligstions and enc~mlxances of every nature a~d kind now on said described property, or that hereafter may be imposed, suffered, placed, levied, or ssxssed thereon, or that hereafter may be kvied w s~sessed upon this AAort¢ age, or the indebttdness secv~ed hereby, exh and every, when due and payable, xcwding to Isw, before they become delinquent, and before ~ny interest artachts or any penalty is incurred; ANU INSUFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO OF RECORD AND THE ORIGIA;AI OFFICIAL DOCUMENT (SUCH A5, FOR {NSiAtYCE, THE TAX RfCEIPT OR THE SATISfACT10N PMfR OfFlCIAILY ENDORSED OR CERTIFIED) SHAIL 8E PLACED IN THE MANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; a~d in the event that any thereof is not pa~d, saYSfied and discharged sa:d MORiGAGEE may at any time pay th~ same or any part thereol without waiving o~ affecting any option, {ien, equity or •~qht under or by virtue of fhis mortgage and the f~l! amoun+ of each and every suth payment shall be immed~ately due and payable and shall beat i~teresi ~~om thc date thereof until paid at rate of nine per centum per annum and together w~th such interest shall be s~u~d ~'/~'Qlien of {j~,~p~p~a~. 9UCK~~VU FAi,c ~ ~ J~ ~ ~ , ; ` ~ ~ ~.r_ - ~ ~ ~~~~ti~~~F~~_ 3 .