HomeMy WebLinkAbout0370 ~.rvv snrv
]HIS lN~ENTURf, Madw ~be 6~ h day of -TUlle A.D. 19?
3 betw~sn
;~tarcel Paul Richard an~~ Gail E. Richarci= His wife
of St . Luci e COUnty Flpida, hereinaft~r desgnated ~t the "MORTGAGOR;' and FIRS~ FEDERA! `SAVINGS AND IOAN
ASSOCIATION Of fORi PtERCE, a corpaarion orqanized and ex7~ting under iM laws of /FN Unitld 51~1N of Americs ~nd h~Wng in ~riocipai pl~c~ of
busin~a~ in tM City of Fort PiHCS, St. luci~ County, Florida, he~einafter deiiynated tM "MORTGAGEE:'
WNEREAS tM MORTGAGOR is juitly indcbted ro tht MORTGAGEE in tM sum of nnn - nl'~ good and lawful mpney of the United
States advanced by the MOR~GAGEE vnto ths MORTGAGOR, az evidenced by a cerra+n promiuo?y note of sven dat~ herewith, of which ths follovrinp in
wac~ ~ pd,j~ur~ary a trw topy, to-wit: 110(~092
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Fort Pierc~, Florida. June 6, ~ 19?3
Fw value received. 1, we d either of us, promix to pay, without defalcation, to the orde~ of fIRST FEOERAL SAVINGS AND LOAN ASSOCIATWAI OF
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FORT PIERCE at fort Pierce Florida, t!x tum f S ~ w~th interest from date et the rate of 8 9o per snnum, in monthly install-
mcnts a followi: s 34 an t1~e ~~t hday of 'JU 1 y ~ 19 ~ 3and a like sum on the corres ~ da of each monlh there-
Po^~ ^8 Y
after until the wi?o:e be tully paid.
Eath installment fi?st shall be applied in paymeM of the interest and then on the unpaid balance of the pr'~ncipal sum. Ii delault is made in the
payment of a~y installment when due, and such default continues 30 days, the~? at the option of the holder, and without any oti~er not;ce, all the remaini~
~nstsltmems shall be dve and payable at once. Privilega is 9iven to prepay this nole in whole or i~ part at any t~me without penaHy. Neither fwebearsace,
nor accepfance by the holde? thereof after a~y defavH i~ any payments hereon, shall be deemed extcnsion. A late piyme~t tharge of a.ia_s~t~ shall be
added to cach installment rcmaining ~npaid 7 days after its due date, and a like sum shall be added to each such installment remainirp unpaid 7 days after
each sutceeding payment date.
E~ch make~, surety and endorser hereof, jointly and sevcrally, waivcs demand, presentment protest snd no~ice of protest for nonpaymenf, and further
agrees to any eate~iwn of time of payment, either before w after maturity, without notice to any of us; and to pay alt cosh of coUection, incfudiny a
reasonable atrorr~ey i fee in the event of any defauft hereunder, and hereby severally waives all benefit of homatead and exemption under the cautitution
and laws of each State of the United States, as aga~nst this obligatian w any extens~on a renewal hereof.
Witness the hand and seal of each party.
S,'D7arcel Paul Richarff ~au
(5~?U
S;' Gail E. Richard ~U
t $6' ~n ) State Revcnue ~u
ti ~t~~xAt~t~vt~~c~~osi~[~dxndst
NOW. THFRffORE, rhe MORTGAGOR fa the purpox of seturing payment of said sum of ; 4• • n~ and fhe perfwmaoce of ths
coven~nts and ~greemertts hereinafte~ expressed, ~nd fa dirers good and vatuable considerations, by these presents, does grant, bary~in, sell, remiu,
retease, convey and confirm ynto the MORTGAGEE, in successori and suign~, sll that cerrain lor, piece or parcel of land, situate, lying, and being in the
Counry of $t . Lucie ~ State of flwida, desaibed as foltows:
Lot 12, HA~;ILTON ACRES, a resuh~ii~?i sion ~f Lot 29, h1ARAVILLA GARDENS,
`_"'=IT OztE, as per plat thereof on file in Plat Book 14, page 6, of the
F~uhZic Records of St. Lucie County, Rloxida.
This is a second mortgage, beinc~ inferior only
to a prior first mortgage from mortgagors to
mortgagee date~i May 3, 1973 and recorded in
O. R. Book 213, page 2341 of the public records
of St . Lucie Cour.ty, Florida -
N STATE oF ~LORIDA~
;z ~ OOCUMENiARY STAMP TA1 ~ ~
i M DEVT_ Of REYENUE ~ IN FAYIMEHT OF UU(ES ;
~ W'~ C1ASS 'C' INTM161BLE PERSONAL PR4?ERIY~
° ~ i'73 ' ~ V. 0 ~
~ . ~
I ~ = tt1o2` sUy t ~ ' ~~~TER 71-134, ACTS OF 29/1,
' ° ~ ROGER ~OITRIl4 /i1'
C~ERK 6iRBUfi OOUfC~ Si 111C1E 00, RA V
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rogether with all and singular the tcnements, hered"+taments and appurtantes thercunto belongi~g or i~ anywise ~ppert~ininp thereto, and all rent~, issues,
~ proceeds and profits acuuing snd to ~ccrue from ssid premises, all of which are includtd in the ebove and fwegoing dewipYan snd habendum. ~
i ~
TO Ft/1VE AND TQtl~tpe above described and gnn~ed prem;ses unto the said MORTGAGEE, its wccessws and usgen forevar. Md th~ said ~
f
~ MORiGAGOR fo? hein, executors, adm~nistrators ~nd assigns, hereby covenann with the said MORTGAGEE, i» wccessors and assi~ro,
r rhat -thev arF--'-- tawfully se7zed of the said premises in fee simplc; that the same ~re f?ee, cksr and dlscMrged from sil 1'iens and encunr
brances in law or in eqvity, and ,r~tthey W~~~ their heirs shall warrant snd defend the title to the asme to the said
MORTGAGEE, its successors and euigns, forever agaiost the lawfut cfaims and demands of all persons;
PROVIDED, AtWAYS thst if the MORTGAGOR shall pay unro the MORTGAGEE the promissory note heieinbefde described snd sFwll truly, promptly
and fully perform, d~uharge, execute, complete, comply with and sbide by each and every the stipulaYwns, agreemenh, condiYwm and covenanri of said
nrom~aso~y oote snd of this INortgage, then this Mortgage and the Estste hereby ueated shsll cesse and be nufl ~nd void.
IT IS UNOERSTOOD that the word "Mortgagor" whethe? in the singular a plurat snywhere in this Mortgsgc, shal! be singula~ if one only ~nd
~ shall be plvril jointly and teverally if mue than one, and that the wud "their" as ~secl snywhere in fhis Matgage shall be taken to me~n "his," "hen;'
or "ib;' wlxrever the comsxt so implies or admits. Also, that wherever there ii s reference in the covenants and ayreemenq herain contained to any of
the parties Mereto, the asme shalt be co~strued to mean as wel! as the heirs, I~gal representatives, successors and suigrq (either volunury by act of tht
parYies w involunfary by operatan of the law) of the same snd th~t the covena~ts herein contairxd sh~ll bind and the benefit~ and advantapes fnwe
ro the respective hein, legal ~epresentst;ves, succeuors and ~u°g~s of tFie psrties hereto.
And said Mortgsgors, for themselves and their heirs, legel represe~tatives, successors and assigns, hereby jointly and severally covena~t and ayree
ro a~d with the said MORTGAGEE, its successon and auigns:
_ 1. To psy ~II ~nd sirgular the principal s~d interest ~nd the various and sundry wms of money payable by virtue of said promiuory note, and thit
_ mortgage, each and every, promptly on fhe dsys respectively the ssme severally bccome d.re.
- 2. To psy all and singola~ ~he taxes, assessments, tevies, liabiliries, obligations and encumbrances of every niture and kind now on said desuibed
property, or th~t hereafter msy be impo~ed, suffercd, plated, levied, o~ auessed. thereon, a that hereafta may be levied a aiuued upon tFw Maf9-
_ age, w the indebtedness secured hereby, each and every, when dve and payable, sccwdirg to isw, before they become delinquent, ~nd before any lnterest
artacnes or any pe~alty is incurred; AND INSpfAR AS ANY THEREOF IS Of RECORD THE SAME SHAtI 8E PROMPTLY $ATISFIEU AND OISCHARGED Of
- RECORD AND THE ORIGIhAI OFFICIAL OOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO
OR CERTIfIED) SHAtI BE PLACED IN TME HANDS Of $Alp MORTGAGEE WIIHIN TFN DAYS NfXT AFTER PAYMENT; and in the event that any thereOf is ~ot
paid, sat'sfied and diuharged sa:d MORTGAGEE may at any time psy the same or any pan thereof witiw~t waiving w sffecting a~y optio~, lien, equity a
•~qht under w by virtue of this mortgage and the full amount of eath and every s~ch payment shsil be immed'u~ely due and payable end shall bear in?ere~t
~~om i1~e date the~eo~ unril paid at ?ate of nine per centum per annum and together yrith~ s h'nterest shall be secu?ed by the lien of th:s morylaye.
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