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HomeMy WebLinkAbout1345 25Q822 ~ TNIS INpENTURE, MatM 2Bth ~y of MarcA A.D. 19_Z3„ bNw~en W,~llias B Richards and Nael D Richards hi~ wife ANe _ Nicholas 'T. Richards, a sinole adu~t of SL . Lucie ~p~~y p~~~ ~~~Mf1N des~qnared as 1M "MORTGAGOR;' ~~d FIRST FEDERAI S~?VINGS AN~ LOAN ASSOCIATION OF FORT PIERCE, • corpaatio~ w~nis~d ae~d ~xistinp uoder tM laws oi th~ Unit~d Su~~ of M+~ric~ and h~vinp i» p~incip~l piaa of, bu~In~s in th~ City of fort Pi~rc~. St. luci~ Cov~ry. Flaida, Iw~~L~afta d~sipnaad ~s tM "MORTGAGEE." WNEREAS NM MORTGAGOR Is jwtiy ind~bt~d lo tM MOR?GAGEE in tM wm of = 24 a....~0• 9ood ~nd Iawfvl money of the United States advanced by tM MORTGAGEE unto ths MORTGAGOR, as evidcnced by a certain promissory nolt of even date h~r~with, of which tM foilowinp in wwds and fiqurp is a trw copy. to-wi~: ~ 24~ 000.00 No10019644 fon Pierc~. florida, ~lCh 28 19~3. For val~e received, I, we or either of us, prom;se to pay, without defalcation, to the order of FIRST FEDERAL"SAVINGS AN~ LOAN ASSOCIATION OF FORT PIERCE at FoA Pierce, Fbrids, the s~m of ; 24 •~0 w~~h interest from date it the r~t~ of 7• 75% per ~nnum, in monthly install- me~ts ss follows: = 226. ~ ~ ~tie i~Lh ~y of Mdy ~9 73 snd a li4e sum on the cor~espon~linp day of each month therr after until the whole be fully paicf. Each installmcnt fir~t ahall be applied in payment of the interest and then on the unpaid balaoce of the principsl wm. If default is mtde lo ti+e payment of any installment when due, a~d such defa~h co~tinves 30 days, the~ at the optiw~ of the holder, and without any otF~er notice, aH the re+naining ~nstallments shsll be due and payabte at once. P~iviteye is given ro prepaY this note en whole or in psrt a! any time without penalry. Neither forebeat~nce, nor acceptance by ~he holder thereof afre~ any ckfaulf in any payments F~ereon, shall be deemed extension. A late payment charqe of ~~Q th~ll bs added to each installme~t remaining uopa~d 7 days after its due date, and e like s~m shall be added to each such installment remaining ~r?paid 7 days after each wcceedirg payment date. Esch maker, surely and endorser hereuf, jdnfly and severally, waivd demand, presmtment praest and notice of protest for nonpayrrMnt, and further agrees to any extension of time of payment, eilher before or aft~r maturity, without nor~ce to any of vs; and to pay all costs of colletlion, tnclud~ng a reasonable attorney's fee in the event of any defauit hereunde~, and hereby severally waivss all beneiit of homestead and exemption under the constitutioaf and laws of each State of tF~e United States, as against tl~is obligation w ~~y extension ot renewal Fxreof, Witness the ha~d and seal of each parry. _S/ Williao B. Richards ~~U S/ Noe 1 D. Richards ~y S/ Nicholas T. Richazds ,~q $36.00 ~U ( ~ Stats Revenue ~5lasf pz a~aosUe~ aa aripind ae W NOW, THEREfORE, the MORTGAGOR for the purpose of securi 4~0 0O „ end the perfwmanoe of the ng payment of said sum of • • covenants and agreements hereinafter expressed, and fo~ d;vcn good and valwble considerations, by thess presents, does grent, baryain, sell, rcmiu, retease, convey and confirm unto the MORTGAGEE, in succeuors and assigns, al! that cenain bt, piece or p~rcel of Iand, situate, lying, snd being in the County of St . L~IC1@ ~ ~~d State of Flwida, dewibed ~s follows: Lot 1, B2ock 10, CARL?OI~ADDITION, as pez plat thereof on file in Plat Book 1, pages 167-168, of the Public Records of St. I.ucie County, Florida, ~ .n } ST E o~ Ft,~ORlDA } o~ D~~t1MENtARY I/~?Mp TAX ~ o~ s ~~PT. Oi REYENI E' I ~ ° 1!8. "~~3 ~ 6. O O ~ RECEIYED u uC IN PAT~lEM OF TA~FS o -~~~flt , WE ON Cl11SS'C INTANGIBIE PE'?SJ':4L P"DPERiy~ PUli~1RKi TO CFIAPiER 71-134. J1CTS OF 1971. q~ R06ER POITRAS CIfIQI CfAqlIT COIIRT, ST. lUCIE C0, FUl < } { togetF~er with all ar~d singvlar tke tenementt, hereditsments snd sppurtances thereunto belonging or in ~nywise appertaining thereto, a~d all rent~, issues, proceeds and profin xwing snd to accrue from said premises, all of whicfi are included in the above and foreyoing description and habendum. r TO HAVE AND TO HOID the sbove described and granted premises unfo the said MORTGAGEE, its successa~s and ~uiyns forevar. Md tM said t their ; MORTGAGOR for - hein, exeMOrs, administraton and auigns, hereby covenants with the ssid MORTGACsEE, in suctesson and ast3aro, ! fhat thev at'e - tawfutty seized of the ssid premises in fee simplr, that the ume a~e fres, ckir u~d discharged itom all I'~erq and ~ntum~ brances in Isw a in equity, ~nd that thev a~ Ltlelr hein shsll w~rrant and defend the titk to the sams to ths s+id MORTGAGEE, ib succesaws and assigns, forever againsf tl+e lawful clsims and demands of all persons; PROVIDED, AlWAYS thst if the MORTGAGOR sh~ll pay unto the MORTGAGEE the promiswry note hereinbefore described ar?d slull frvly, promptty and futly perform, d~scharge, e:ecute, complete, oomply with and ab+de by exh and every the stipulstions, sgreemenri, conditipa and covenants of said promiuory note and of this Mortgsge, 11+en this Matgage and the &tste hncby GNtlKJ lI1iII ce~se and be null snd void. IT IS UNDERSTOOD thst the vvord "Mort9sgor" whether in the singutar w plwal ~nywhere in tha Mortgsye, shall be sirgvlar if ons w?ly and shall be plural joimly and severslty if more tha~ one, ind that the word "tF~eir" as uted a~ywhere in tbis Mortgage shall be taken to mein "i~is;' "hen;' or "its;' whe?eve? the context so implies w sdmits. Alw, tMt wherever 1hKe is s reference in the tovenanb and ayreemenq herein aontained to any of i the parties hereto, the same ihall be cpqhued to me~n as well ~s the heirs, kgsl representative~, wccesson and auigra (either voluntary by ~d of tM s perties or inrolvntary by operation of thc 1aw) of the same snd that the covenants herein contained shall bind a~d the benefih and advantayq irn?rt ; ra the retpective heirs, legal representstiws, wccesson and ~ss~gns of the parties hereto. ° Md said Mort # 9a9ors. fa themselvet ~nd their hein, {epal representatives, successors snd ~ssigro, hereby joimly and sever+lly toven+nt ~nd ayrae j ro ~nd with the ssid AAORTGAGEE, its successon ~nd au+gr~: ~ 1. To pay aN and singubr fhe piinc;pal u~d inferest and the vsrious and sv~uky sums of money paYabl~ by virtw of said promiuwy note. ~nd this ~ mong+ye, e+ch ~nd every, promptlY on the days respettrvely the s~rne sever~lly becan~ d~re. 2. To pay sll ~nd sinyular the uxes. ~ssess~nenb, levies, liabilii~es, obligataro ~nd encumbnntes of every n~tur~ and kind now on said desuib~d ~ ProP~Y, w tMt Mreaher m~Y bt impo~ed, suffered, placed, leried, w assessed thereon, or th~t hert~he? may be kvied or suessed vpon tF~, age, w the indebtedneu secored hereby each ~nd ~very, whee dw and payable, accordinp to Inw, b~fo~~ they become ddinquent, and b~fw~ ~ny ~t~ attaches w any penaity is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAtI 8E PROMPiIY SAT15fiED AND DISCHARGEp OF RECORD AND THE ORIGINAL OFfIC1Al DOCUNIENT (SUCH A5, FOR INSTANCE, 1HE TAX RE:.EIPT OR 1HE SATISfACTION PAPER OFFICIAIIY ENpORSED ~ OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SA~~ MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and i~ th~ ~vent tFat ~~y N~ereof is i+W p+~d, iat'sfied and discharqed sa:d MORTGAGEf may at any time pay fhe same o~ any part thereo( without waiviny a affectiny any option, litn, p~iry or .iQht under a by vi~tue of thes morty~ye a~d the (ull amount of exh and every s~ch payment shall be immediately dw and payabl~ and shall bta int~rtst +i ~.an the d~te ~Fr~~of u~til paid at r~te o~ n~ne per cemum ptr ~nnwn and toyetFKr w~th ~vch intrr~t t II be secvred by rM lien of tFw mor~tpe. 1 PA6( ~~4~ _ _ ~;s _