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Home My WebLink About0473 254503 ' THIS INOENTURE, N4d~ tlw '~th ~y of ~y A.O. 19~._. b~MrNn Don 1.. Ritchfy a~d Rob~sta Ritchey, hi,~ w~fo - of St• L~LCi~ . Cow?ry Ftorid+, I~ainaft~r detignated sa tM "MORTGAGOR." +~d FIRST FEDERA~ SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, ~ twporata~ oryu?iud u~d ~xiitinp ueider tM laws of tM U~it~d StH~s of /1m~~ic~ and Mviop in printipal pl~t~ of busirwss tn tl» City of Fat PiKa. St. l~ci~ Ca?My. Florid~, MninahK dtiiynst~d u tM "MORTGAC~EE." WHEREAS 1M MORTGAGOR q jwtly indebted to tM 1MORTGAGEE ie~ 1M sum of ~ 20~4~~~ 9ood and Iswful money of tM UNted ! Sates advanced by tM MORiC~AGEE unto ths MORTGAGOR, as evidenced by ~ csrt~in promiuory note of even dats herewith, of which the foilowinp in . ; wads and fiywes L• trw copy. towit: N, 1001982 3 ' : 20~4QQ. Q0 i Fo.r P~e.c~. Fb.id.. _ May 4~ 19 73 j For v~lue r.iceived, I, we or eithe? of us, promise to pay, without defslcation, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Fiwida, the sum of f 20~4~~ ~ w~th interest from date at ths nte of 7~7~ pe~ annum, in monthly in~tall- ~„eny a: (oliowu i 155~~ ~ l~~y of A~u~ 19 73 and a like sum on the correspondinp dsy of each month there- after until the v:1~da be fully paid. Each installment first shall be apptied in paymeM of the interest and +hM on the unpaM balaote of the printipal sum. If defauh is made In the payment of any installment when due, and wch default continues 30 days, then at the option of 1F+e holder, and without any other notice, all the remsining ~nstallme~b sh~ll be due and payabiQ at axe. Privilege is given to prepay this note in whole or io part at any Yune without pena~fy. Neither forebearance, rwr acceptance by the holder the?eof after sny default in sny payments hcreon, shall be deemed e~etcnsion. A late payment ch~rge of S7~ 75 sha~) bs added to each installment remaining unp~~d 7 days after its, due date, and s like sum shall be added to each such installment remaining uopaid 7 dsys after eath svtteeding payment datt. Each maker, surety and endorur hereof, jointly snd severally, waives demand, presentmeM protest and notice of protest for nonpayment, and fuAha? agrees to sny extensan of time of paymeM, either befwe w after matu-ity, without notice to any of us; and to pay all cosb of collectan, includi~ a reasonabk attorney i fee in the evcnt of any default hereunder, a~d hereby severally waives all benefit of Famestead and exemption under the cautitul'an and laws of each S~ate of the United States, as against this obligstion or any extension a renewal hereof. Witness the hand and seal of each party. . (SE~W s n L. R tchey ~U cs~?U s ezta tchey ~ ~ $30~60 i ~ste Revenue ' 20 400 00 NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring p~yment of tsid sum of i ~ • ~~d the performaoce of tM coven~nts and s~reements hereinafter expressed, and fw divers good and valwble consideratiau, by these presenri, does grant, barysin, sell, remise, release, co~vey and tonfirm unfo the MORTGAGEE, its uxceswrs and augns, all that certain bt, piece or putel of (and, situate, lying, and beinp in ths County of St• LZiC~Q and State of Plorid+, described as fdlows: Lots 21 and 23~ Block 2~ CBARRRAL WHI?B CITY SUBDIVISION~ according !o the Plat thereof as recorded in Plat Book 5 at page 63~ of the Public Recozds of St. Lucie County, FloYida~ I O~ ~OA~ P~ A-` 0 At1MENT OF 1~ S . IN P ~ ; o ~0~f11EN~~ ~-N~~ ` 3 a 6 01 ~ ~ ~ E ~g o~~~ ~ ~~(i TO q~pprER 71-134. ~s oF ign. ~~c, rORRJ1S , ~ = ' ~1~1~ R06ER •w • ~~~j CWIRT~ ST. LlIC1E 00~ FUl ~ ~ r ~'~p2 . " A ~ . together wlth sll and singular the tenements, hereditamenri and appurtances thereunto belonging a in ~nywise appertatning therefo, and all ren», issues, proceeds ~nd profits acuuing snd to accrue from said premises, all of wFiKf+ are uxluded in the above snd fwegoing descriptio~ and l~sbendum. TO HAVE AND TO HOW the sbove deuribed and g~snted {xemises unto the said MORTGAGEE, ib waessors snd suigns foreva• Md th~ s~id MORTGAGOR fw th~r he'vs, executon, sdministntors and augns, hereby covensnb with the s~id MORTGAGEE, ib waessors and ~uipro. they are that lawfully seized of the said prernises in fee iunple; that the same ue frae, clear ~nd discharged from all liem and encum~ ~ brances i~ Isw w in equity, and that tbey will and their hein thsll warrsnt and defend the title to the sams to the aid ~ MORTGAGEE, iri successors and sugns, forever against the I~wful claims and demsnds of ~II persaa; PROVI~ED, ALWAYS thst if the MORTGAGOR sh~ll pay unto the MORTGAGEE the promiawry note here'u~before dewibed and shall truly, promptly ~z and fully perfwm, disd~arge, execute, compkte, comply with and abide by each and every the stip~lations, ~greemenri, conditian ~nd covenanb of said ~ promissay note and of this Mortgsge, then this Mortgage and the Estate hereby uested shsll oease and be null and void. IT IS UNDERSTOOD that tix word "Mortgsgor" whetlxr in the singulsr or plunl a~ywhere in tha Mortgsge, sh~ll be singular if one only and shalt be plural jointly and severslly if more than one, and that the word "their" ss used snywhere in this Mortgsge shall be taken to me~n "his," "hen," i a? ••its•• wherever the contexf u+ implies or admiu. Also, thst wherever there a ~ reference in the covenants u~d agreements herein oomsined to any of ~ the parties he~eto, the same sha~l be construed to mean as well as tF~e heirs, kgal representativa, successon and suig~a (either volunt~ry by act of tFw j ~ parties w involunt~ry by eoeration of the Isw) of the sartro and that the covenants herein contsined shall bind and the benefib and advantapes irwre ro the respective hein, legal represematives, successors and su°gns of the psrties hereto. /u~d said Mwtgsgors, for themselves and their h+in. Iegal representatives, tuccessors u?d +uigns, hereby {antly and severally coven+nt and ayree to and with the said MORTGAGEE, its successors and auigru: 1. To psy ~II and singular the principsl and interat ~nd the variovs and sundry wms of mo~ey payabk by virtve of ssid promiuory oote, +nd this mortgs~e, eath and every, prompNy o~ the days respectively the same sevenlly become due. 2. To psy all and singviar the tsxes, sssessmenn, levies, lisbilities, obligstions sod encumbr+nces of every r?~tvre and kind now on said desuibed ~ , p~operty, or thst FIN2~NN may be impwed, wffered, plsced, kvied, or ~sus:ed thereon, a that hereafter msy be kvied or ssseased opon this AAortg- sge, a the indebtedr~s secured F~eby, e~ch and every, when due snd payable, aaordinQ to law, befwe they become delinquent, ~nd befwe ~ny iMaat attaches or sny pe~alty is int~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND ~ISCHARGEO OF f RECOR~ AND THE ORIGINfAL OfFIC1Al DOCUINENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAUY ENDORSE~ ~ OR CERTIfIED) SHAII dE PIACED IN THE HANDS OF SA16 1NORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEM; and i~ the event that ~ny tf~eof is not paid, sat'sfied and dixharged sa:d MORiGAGEE may at any time pay the same or ~~y p+rt thereof without wsiving or affettiny sny option, lien, eqvity or ~~qht under or by vi?tue of this mortgsge and the fvll amount of each snd every such payment shall be immediately due and payabk snd shall bea~ i~terest ~•om the date thereof until psid at rate of nine per sentum per an.~m and together v~.th w:.`. :nta~esQ~~e~etv~r~f~by t~q~jj~~of th:s mwyrpe. 14 4~~ ~~~v ~ w . ~ , - ~ ~ : Y . ~ ~ r y-~ ~.~.a " Y i ,~~,ft "yi . _ : ~ S'~"~'