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HomeMy WebLinkAbout0574 ;~545'rd THIS INDENTURE, 1111~d~ the ~7~ day of ~PYii . A.D. 19~. betwKn Drvid B. Ri~b~ and Mas~ar~! B. Ri~, his wii• . + of SZ• ~Cif ~ Counry Flwida. Mr~inaftN d~iign+red si tFa "MORTGAGOR;' ~nd FIRST fEDERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PiERCE._ • cotporation or9snisad ~nd ~xistirg under tM laws of tM Unit~d Stit~s of /1m~ric~ a~d Mvirg iri principal plac~ of ~ bu~inps in tM Gity of Fwt PiKU, St. luci~ County. Flaida, her~inaha de~ipnated ~s tM "MORTGAGEE." , ~ WHEREAS th~ MORTGAGOR is j~ntiy itd~bt~d to tl» MORTGAGEE ie ths ium of : 22 ~ yood +nd ~~wful money of tM Untted Stat~s ~dvanc~d by ths MORTGAGEE vnto ths MORTGAGOR, ai evidenced by a certain promiuory note of even date herewiJh, of which ths followinp in wads uid fly~re~ h• uw copY. to-wit: ~ 22 = 000~ 00 N, 10019786 Fort Pierc~. Florida. ~ril 27 19~ For valuc raceived, I, we or either of us, promise to pay, without defalcation, to the wdrr of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Faf Pierce, Flwids, the sum of = 22~~Q~~ with interest irom date at the rate of .~1~.% pe? annum, in monlhly inslall- ments as fotlows: s 163~~ p~ ZOttl~y of $lQt~1~?@1' , 19~~ and a like sum on the caresponding day of eaci+ month there- ~ after until the whole be fully paid. ~ Each in;tallment first shall be applied in payment of the intcrest and tFxn on the unpaid bal~oce of the prindpal wm. If defautt is made in the ~ payment of any installment when due, and such default continues 30 days, then at the optan of the holder, and without any othei ratice, all the remaining ~nstallments shall be d~e and psyable at once. Privilege is given to prepay thii note in whols o? in part at any Yune without penalty. Neither forebear~nce, ~ nor attepurxe by the Falder thereof after any defeutt in any payments hereon, shall be deemed extension. A late payme~t charge of = 8! _.15 shsll be ~ added to each i~stallment remaining unpaid 7 days after its due date, ~nd a like sum shall be added to each sLch insta{Iment remaining unpaid 7 days after ng payment date. ~ each sutceedi ~ Each maker, surety and endwser hereof, joiMly and severally, waives demand; presentment protest and notice of protest fw nonpayment, and further agrees to s~y extension of time of paynxnt, either before or after maturity, without notice to any of us; and to pay all costs ot collection, including a ; .1 reasonable attorney i fee in the evenl of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the co~stituf'an 1 and laws of exh State ot the Uoited States, as agair?st this obligatioo w any extension or ~enewal hereof. ~ ~ Witneu the 1»nd and seal of each party. s/ David B. Rieben tsF~u = ~ - cs~?u ~ s/ Mar9aret8.rRiebsn ~wu ~ ~ ~ cs~W ~ ( r~ ~ ~ ) State Revenve (Stawp~NOVIMdsr~ioi~niLaait) . . ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of eecuring paymcnt of said sum of = ZZ ~~Q~ ~ and the performsnce of ths ~ covenants snd agreements Ixreinafter e.:preued, and for divers good and ~tsluable consideratans, by these p?esents, does gr~nt, bar~ain, iell, remise, ~ v release, convay and tonfirm uMO the MORTGAGEE, ib successors and auigns, eU that cHtain lot, piece w pucel of land, situate, lying, and being in ihe , County of $t. L13C~e and State of Fbrida, described ss folbws: ~ ~ ' i ~ ~ ~ Lot 8~ BZock 3216~ PORT ST. LtJCIB - FIARTS?A PINBS, UNI2 1~ as ~ 35; per plat th~reof on lile in Plat Book 16, Paq~s/35A; 358, af the { 1 . ~ ; Pablic Records o~ St. Lncie Counly, Florida ~ , i f ~ ~ ~ ~ d" S AT~ flF F OR1DA~ - _ ~ ' DOCUMfN~ARV ~jAMP T1?Y j 111p~hy ~ ~ o DEPT.OF RE~?EINK ~ • PURSUMfT TO ~ INTAIV6161E PERSp(yq~ p~PE~ ~ ~ N r ~ w?r~rt~ • ~ 3~~~ ; ~~ER 71-13~. ACTS OF 1911. ~ ROGER r01TRAS /'~j l ~ ~M ' ..r ~ ~ ~ CLERK CIRCUIT (~URT, Sf. LUCIE Cp.~ Fu ~ ; ~ ~ togethet ~rith sll snd singulsr !be trtsements, hereditaments ~nd +ppu?tances thereunto belonging or in anywiu appcrtainitg therero, ~nd ~U renri, issues. ~ prxeeds snd profits scuuiny and to acaue from sa~d premises, all of which are included in the sbove and foregoirg descripYan and habendum. TO HAVE AND TO HOLD the above dewibed and grsnted prem~ses unro the said MORTGAGEE, ib successora snd suigns forever. And th~ s~id MORTGAGOR for their ~~n, executon, administratws snd eugns, hereby oovensnb with fhs si~d MORTGAGEE, iri succeasws and +ssi~m. ~hat th~--uB lawfully xized of the said premises 'a+ fee iu~ple: thst the same are free, ck~r and discharged from all liens and encum- ° bronces in law w in equity, and that tb@V will ~nd h iY hein shall wuraM and defend the title ro the ame to th~ said ~ MORTGAGEE, in successors and sssigns, forever ayainsf the lawful claims s~d demands of •II persaa; i 3 PROVIDED, ALWAYS that if the MORTGAGOR sl»II pay vnto the MORTGAGEE the promissory note hereinbefore described and shsll trvly, prpmptly 5 ~ and fully perfwm, dischsrge, exetute, compkte, comply with and abidc by esch and every the stip~lations, agreemenb, condiY~ons and covenanri of: iaid ~ ~ promissory note a~d of this Mwtg+ge, then this Mwtgsge snd the Estate hereby ueated sh~ll cesse and be null and void. ~ ~ IT IS UNDERSTOOD tMt the word "Mwtgagor" whether in the singular a plwal anywhere in this Mortgage, shsll be sinpvlu if one only ~nd:- • # shall be plural joi~?Ny snd severally if more than one, and that the wwd "their" as used ~nywhe~e in this Mortgage shall be tsken to me+n "his;' "hen," r; or "in;' wherever the context so implies or admits. Alw, that wherever the~e is ~ reference in the covensnb and agreemenn herein tontained to ~ny of rhe psrties hereto, the ssme shall be construed to me+n as well as the hein, legal representative~, successon and assigns (either voluntary by act of tM ~ parties a involu~tary by operaYan of the law) of the same and that the covens~ts herein contained shall bind and the benefits snd adwnqges inutt ~ to the respective heirs, kgal representatives, successors snd ass~gns of the psrties hereto. qnd pid Mwtgagon, fw themxlves snd their hein, legsl rcpreseMatives, successors and sssiyns, hereby jointly and severally covena~t and ayree ~ to a~d with the said MORTGAGEE, its sucussws and suigns: 1. To pay all and singvlar the principal and imerest ~nd the various and svndry wms of money Wyabk by viAUe of said ptomissory ~ote, and thu mortgsge, each ~nd every, promptly on the dayt respectively the same xverally.become dw. - 2. To p~y all and tirgulsr the taxes, auessments, levies, lisbilities, obligstiaa snd e~cvmlxances of every nature and kind ~ow on said described ~"1 property, or that Mereafter may be impo~ed, suffaed, placed, kvied, a+ssessed thereon, a th~t heresfter may t» levied or assessed ~pon thb Mort~ l,..~ : a9e, w the indebtedneu secured hereby, ead? and every, when d~e ~nd psyable, aaordinp to law, befwe they become delinquent, ~nd before any intaest attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHARGED Of RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH A5, fOR INSTANCE, ?HE TAX RECEIPT OR THE SATISFA~TION PAPER OFfIC1AlLY ENOORSEO occ~ OR CERTIFIED) SHALL BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM tMt any +t~ereof is not ; paid, sat:sfied and discharged said MORTGAGEE may at any time p~Y the s+me w a^Y P+~t ~hcreof witho~t waiving w sffectiny sny option, lien, eqvity or •~qht under or by ~i:tve of this m.ortgsye and the full smount of exh and every such p~ymem shall be imrnediately dve snd paysbk and shall besr intaett i.om the d~te thereof until p~id at rate of nine per cent~m per a~num and toyether with such interest shall be secured by the lien of th:s morpuy~. ~ _ ~ ~ y~~, ~Y ~ o- ~ x y~ ` - ~.~''~~.s' ~ s~.` S"."' -