HomeMy WebLinkAbout1615 ~r~7 ~IGVFr
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THIS IN~ENTURE. Ma~ th~ 6t~] ~y ~ Jun e A.D. 1973 ~ betwNn .
Charles W. Randtian, 6r. and Electa Faith Randhan, his wi~e
o~ St . Lucie c,~~y p~~~ ~einatt~r deiiprNred si tM "MORTGAGOR;' snd FIRST FEDE~AI SAVINGS AND IOAN
ASSOCIII~ION GF FORT PIERCE. • owporation oryaniud and ~xu~inp undar tM i~nn of 1M Uniad St~t~s of M?Kica and havinp iri principal pi~c~ ot
bw4?~s~ In tM City oi Fw1 ~iKa. St. lvci~ Covety, fbrlda, h~r~inafter dtsiprur~d a tiN "MORTGAGEE.° .
WHERfAS tM MORTGAGpR i~ jvstly Irwbbt~d to tl» MORTCi/?GEE in tM ~wn of = 2S ~ 8~ , 9ood ~nd lawfvl money ot ths Unit~
Statp advanc~d by tM MORTGAGEE unto IM MORTGAGOR, ~s ~videnud by • certaio promissory nor~ of eveo date Fwrowiti~, oi whic6 tM fdlowiop In
i words and fipurp is a trw copy. towit:
, ~ 28, Son, pO N,_1100009~
~ ~r ~ ` ' i ~ ~ ~ . ' Fort PiKC~. Fbr1d+. Jun e ~ ~ 192.3.~
for value r~ceived, 1, we a eithQr of us, promise to pay, witho~t deFalcari~n~ to ~he order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of
FORT PIERCE ~t fort Pierce, Florida, the sum of = 28 ~ 8~ w~th interett from date at the ~ate of 8 9f> per anram, i~ momhly ins~all-
meots u tollows; = 241 .00 ~ IOt~y ~ .Ti1111 , 1973 and ~ like sum on ths caresp«xllnq day of each mont6 therr
~ efter until the wiwi~ be fully paid. ,
~ Each inst~llment first shaN bs appGed in payment of the intaest ~nd then on tM unpaid b+iince of the principsl wm. if defsult i: mada in ths
payment of u~y installment whee~ due, a~d such defauh contin~es 30 days, then ~t the op~an of the holde., ~~?d wi~hout aoy othet notice, all ths remai~iny
installments ihsll be due and payable at once. Privitege is given to p?epay ihis note ie whol~ or in put at any Yane .without penalty. Neithet faebearance,
~~wr acceptanct by tM hoide? thsreof ~fter any dehu~t in anY paYments hereon, shall be deemed sxtsnsion. A late payment chup~ of S 12• 0~11 b~
added ro eath installment remainirg ~np~id 7 days ~hat ib dw datt, sod • like sum shall be added to each suth instatlment ran~ininQ unpaid 7 d+ys ahet
J each succeediny paYment date. ' ~
- Each msker, w~ety ~+~d endwser herao~, iointly and srvently, waives demand, presentment proteaf snd notics of protest fa nonpaymenf, ~nd funhsr
~ agrees to any extensan of time of payment, either before or after maturity, without ratice to ~~y of ~s; and to pay all cos~s of mllection, includ~~p a
reaso~able attorney i fee in tF~e event of any defsult herew+der, ard hereby uverally waives all lxnefit of homestead and exemprio~ ~nder tM cor?~titvfion
and laws of each State of the United States, as sgsinst this obligation or any extsnsion or renewal he~eof.
Witr?eu the hand ar+d seal of each pa?ty.
S/ Charles W. Randhan. Sr. ~
cs~?u
S Electa Faith Randhan ~
~ $43. 20 ~ st.re eevenw lsE/?q
`a~x~aw~'oxx~wx~x
NOW, THEREFORE, the MORTGAGOR fw the purpoae of secvrirq payment of said swn of = 28 ~ 8~ and tM perfwmance of th~
covananls and apreements herainafter expressed. arw! for diven Qood and valwble consideraYans, by thesa pesents, does yranf, bary~in, selt, rtmise,
releau, convey conf'g m unlp the lll10RTGAC'sEE, its s~tceuas snd suigni, all that certain lot, piece or p~rtel of land, situafe, lyirg, and beir?p in tha
t . LLIC1@
Ca+mY of and State of Fbrida, deuribsd as follows:
Lot 22, Block 32, RIVER PARk, UNIT ,~4, as per plat thereof on file in Plat
F3ook 11, Page 9, according to the Public Records of St. Lucie County, Florida.
~
S A~ oF ~RPDA 1
~ DOCUM£NT~ . ~ ~
~z D£PT.~Et1llE _ ~ ~ ` ~ 'j 2 O ~ -
~c as = ~ J::i126'73 ~ w ~ ~ ~ \l~ 4~~E~ ~ e~~
o : ea ~j ~~,ya~- e~y
n t~~oi d G~B~EPE Cts ~F 1
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together with all and singvlar rhe tenemenn, hereditamenri ~nd sppurtancq thereueffo belonging Or in ~nyvris! ~ppert~ining thereto, ~nd aU rsnts, isfues,
proceeds u~d profib acoruiog snd to accrue from ssid prempes, all of wFiKh ~rs ~exl~ded in the above and foregoinp d~scriptan and Mbendum.
TO HAVE AND TO HOLD the above described and yranted premises onto the said MpRTGAGEE, its suocesson aod sssiyro forwa. Md tiw pid
t1h~i
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MORTGAGOR fw - hein, execvton, administr~ton and suigm, hereby toven~nb wifh fhe said MORTGAGEE, ifs wccetton ~+w! aitip%
rhat thev are lawfulty Kized of the s+id premises in tee simple: thar ths ~ are free, clear and disch~rped from all liens ~nd encwn~
brsnces i~ law o? in equity, ~nd ti~at t h ey ~ t h e i r bein slap. wu~ant and defend the titk w the sam~ ro tlr wid
MURTGAGEE, iri successws and auigro, forever painst the lawful d~ima and demards of all persoro;
PROVIDED, AlWAYS thst if the MORTGAGOR shsll pay unto the NlORTGAGEE the promissay note F~ereinbefwe destribed and thall truly, promptly
and fullY pe?fwen, diuharye, execute, compkte, comply with snd sbide by tach and erery the ttipulatia?s, ay?eements, conditions and toven~nts of said
promisswy note and of tha Mortgsge, then tha Mortg~ge and the Estate hereby ue~ted ~F~+II ceate and be nult and void.
IT IS UNDERSTOOD that the wwd "'Mwtgspor' whether in the singular or plwal anywhere in this Mutgay~, ~hall be si~pulu if orn only ~nd
shall be pl~x~l jointly ~nd severally if more tMn one, ard tMt the word "their" as vsed +nywhere in this Mort9ay~ shall be taken to mean "hb:' •'hers,'•
or "Its," wherever the tontext so implies w sdmits. Also, that wherever there n• reference in ths covenanb snd syreanEnb herein oonqined to amr of
the p~rties hereto, the s~me shall be cw~strued w mean u well ss the hein, leyal rspresentatives, succeuws and assip~s (either votuntary by act of tl+~
oanies or invotvnury by operat~on oF flx law) of the same and that tbe covensnn herein contained shsll bind ~nd the benefits s~d ~dvant~yes irwx~
ro the respective he'us, kyal represent~tives, wccesson end au~gns ot the put~es nereto.
Md said Mortgsgws, fw themselvei and their }~ein, legal ~epresentatives, successon and ~uiyru, hereby joimly and sever~lly covenant ~~d ayree
to ~nd with the ssid IYWRTGAGEE, its sycceuors and iuiyns:
1. To pay all ~nd singulu the principal and interest and the vsriovs ~nd sundry sumt of money paysbl~ by virtue of said promissory npt~, and this
r*wrt9age, each ~nd every. promptly on tF~ dsys respectively the ssme severally become due.
2. To pay alt and singular the tsxes, ssiewnents, levies, li~bitities, obli9~tions and ~~cvmbanus of every nahxe u~d kind now on said described
p.operty, a that l+sre~her m~y bs imposed. wffered, Pl~ced, levied, or assessed thereore, a that hereafter miy bt lev;sd p~ss~ued uppn thfs Morty,.
sye, a the indebtedness sccured hereby sacfi ~nd erery, when due ard pay~bk. ~ccadirg ro law, before they becane delinquent, and befat a~y inter~st
attaches w srry penalty is inturred; AND INSOfAR AS ANY 7HfREOF !S OF RKORD THE SAME SHALL EE FROMPiIY SATISFIfD AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENT {$UCH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISfACT10N PAPER OfFIC1ALlY ENDORSED
OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the event thst a~y thereof it rat
paid, sat'afied snd discharged sa:d MORTGAGfE may at any rime pay rhe same or arey pa~t thereof without wsivinp or ~ffectiny any option, Iien, equity p
~~qht under or by virtue of thii moregage s~d the full amount of each and every such paymenf shall be immediately due and psyabk and shall besr interest
~~om the dete thereof u~til paid at rate of nine per centum per annum ~nd int~y~y~~ secured by the lien of th:s mor~taQ~.
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