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Home My WebLink About2055 ~ 25'7535 ~ 1HIS IN~ENTURE. Mad~ tFie 22nc~ dav of -TUne A.D. 1973 betw~en Jose~~h R Lvnch and Grace E by~~h, t~is wife of St . 1_ucie , Ccynfy Flwida, hNeinafHr de~g~ated s~ fM "MORTGAGOR," and FIRST FlDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, ~ oorporalan orq~nizad ~nd sxiflin9 u~ds~ tM laws of the U~ited Stst~t of /1m~~ica ~r.~ Mvlnp in princlpal pl.ce of bufintu M tM City of fort PiKU, St. luci~ County, ftorida, Fw~einafro~ dtsipnated as tM "MORTGAGEE." • WHEREAS th~ MORTGAGOR is j~~tly indebt~d to ths MORTGACaEE in the wm of : 32 ~ ~0~ . pood and lawf~~ moaey of the Un~ted Ststes advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by e certsin promiuory note of even daie herewith, of which 1M tollowinp In _ ~32 00~ , O~ ~ ~~w ~y~ ~W~t~ ~11000108 ~.r r~.~.. Fio.~d.. June ~2,. 19 73 fw value recaived, I, we or either of us, p~omise to pay, withouf defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Fo?t Pierce, FWrids, the aum of Z 32 s~~~ • w,th interest from date at the rate of 8% per annum, in mon~hly instalb ments at follows: 5~~68 _ OO ~~he ~t}day of AUc~t1St ~ 19 73 and a like sum on the cwrespond~ny day of each month thcre- after until the whole be fully paid. ' Esch insullment iirst shall be applied in payment of the interest and ~hen on the unpaid bslsnce of the princ~pal sum. If default is made in the payment of any instatlment when due, and such default continues 30 days, then at the option of the holde+, and without any other notKe, all the remainin~ ~nstallmen~s shall be due a~d payabte at once. Privilege is givm to prcpay this note in whok or in part at any time wi~hout penaly. Neither forebearancs, nor acceptance by the ho~der thereof after any default in any payments hereon, sha~l be deemed extension. A late payment charge of S-~Q~+all be added to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each auch installment remaining vnp~id 7 days ~fter each s~ctesding payment date. Eath makN, surety and endaser Ixreof, jointly and severally, waives demand, p?esenlment protest and notice of protest fw nonpaymenf, and fvAher agrees to any extension of time of payment, either before w after maturity, without notice to sny of us; and to pay all costs of collection, includiny • reasonable attaney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead snd exemption under the constitutia? and Iaws of each State of Ihe United States, as against Ihis obligation w any extension w renewat hereof. Witness the hand and seaf of each party. S/ Joseph R. Lvnch ~U cs~?u , race . ync ~y ts~W ( ~ -~8 . 00 1 stste Revenve K4[d~1C ~61fddli~ifJ~ol~~idiP4Aft~ NOW, THEREFORE, the MORTGAGOR fw the purpose of sea,ring payment of ssid sum of s 32 and the performance of th~ covenants and agrcements hereinafter expressed, and fw divers good snd valvable conaiderations, by these presents, does prant, baryain, sell, remise, release, convey and confirm unto the MORTGAGEE, its svccessors and au~gni, sll that urrain bt, piece or pucel of land, sitwte, lying, and beinp in the Caunty of $t . Luc i e ,~d sr,re of Florida, described as follows: L.ot 10, f3iock 42, RIVER PARK, ~J\IT as per Plat thereof on file in Plat "ook 11, Page 9, of the Public Records of St. Lucie Caunty, Florida-.~ ~ ~ ~ ~ 4 ~ 1 " ~ ~ ~ Rt~A~ ~ ~~TA~~ oF, F S~ M t~•a 1 : > p4CUMENj_ AR ~ . ~ RECEIVED ~ ~ IN PAYMEM OF 'f111(~ € oz ° pEPT.~ENUE .•f • ~ « ~ ~ _ _ . ~ a, O O I pl1E ON CLASS 'C INTANSIBLE PE~SONAL PRO?ERiV, ir d - VYti2S'T3 2, ~w' " ~ ppRStlANT TO C H A P T E R 7 1- 1 3 4. A C I S O F 1 9)~_ = P.~. ROGER POITRAS ~~I ~ _~i~02 ' CLERK CIRCUIT COURT, ST. LUCIE CO., ~ o ~ ~ together with all and si~gular the tenertxnt~, hereditamenb +nd appurtances fhereunto belonging w i~ anywise appeASininy flutefo, and al) rents, i~suea, proceeds and profin acuuing and ro sccrue from said premises, all of which are included in the above and fuegoirg description and h+bendum. ~ TO HAVE AND TO HOLD the above desuibed and granted premises unto the said MORTGAGEE, its svocesson u+d ~ssigns for~ver. And tM said their y MORTGAGOR fw hei~i, executas, administrators and assig~s, tiereby covenann with the aid MORTGAGEE, its ~uctestors ~~d assiym, the are_ ~ ~hat -y - Iswfully xized of the said premises in fee simple; tMt the wme are free, ckar snd dischsrged from all liem and encwo- brances in law w in equ~ty, snd that th~l' w;li and thei r he;n sfiall wuraM u~d dsfend the titb w the s~me to tht s+ld y MORTGAGEE, its successors and auigns, forever sgsinst the lawful claims and demands of sll penons; _ PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the prornissoty rate hereinbefore deuribed snd shsll trvly, promptly - and fully perfwm, diuharge, execute, compkte, tomply wi'h and abide by each and every the stipulations, apreemenri, conditiau and coven~nts of said x= promissory note snd of this Mortgsge, then this Mortgage and the Estste hereby aested sMll cease and be nvll and void. ~ ~ IT IS UNDERSTOOD tMt the wwd "Mortgsgor" whether i~ the singular w plural ~~ywhere io this Mortgsge, shaf) be sinpular if one only and ~ - shall be plural jointly and severally if more than one, and that the wwd "their" ~s used anywher~ i~ this Mwtgage shall be taken to me~n "his," "hen," Q ~ or "its;' wherover the context so implies w admits. Also, thaf wherever there is a reference i~ the covensnri and agresmenri tierein contained fo aMr of ~ ~ the pahies hereto, the same shall be construed ro mean a~ wetl the heirs, kgsl ffPfKMtitlvlf, successws and suigns (either volurosry by ~ct of th~ parnes w invoiumsry ey operarion oi ine iawi vi :ne ae...e e.~v ii.ai i0~e cv.e~~:.-~~s R:~:.-. c.+.-.~..~a..~ sh~ll bind and rhe benefin and advsma~es i~wr• ~ ro the ~espective heirs, legsl representatives, successon and sa•yns of the puties hereto. r'^ Md ssid NSwtgsyws, fo? themselves snd their heirs, legal representatives, successon ~nd auigns, hereby joinHy and severally covenant snd ayree ~ t:; ro snd with the ssid MORTGAGEE, its successors and assigns: ';zi 1. To pay all and sirgvlsr tFu printipa) snd inrerest ~nd the varioos and sundry sums of mo~ey payabk by virtue of faid promis~ry note, and this ~ mongsge, exh ~nd every, promptly on the days tespectively the same severa!ly becane due. 2. To psy all ~nd singular the taxes, ~ssessmenn, lev'ies, li~biliries, obligariau snd enarmbrarxes of every nature a~d kind ~ow o~ said desuibed - ~ property, a that hereaftei may be imposed, wffered, pl~ced, levied, or +ssessed thereon, or that here~fta may b~ levied o~ usesied ~pon this Maf¢ ; ` a e, w the ir?debtedneu secured here e+ch ar?d ev when due and able, ~ccadi to law, befwe the become deli uent, and befw~ iMerest t g bY. ~?Y. WY ^9 Y ^Q ~^Y ~ attaches w+oy pertalty is incurred; ANU INSOFAR AS ANY THEREOP IS OF RKORD THE SAME SHAII BE PROMPiLY SATISFIED AND DISCHARGED OF ! ~ RECORD AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTIQN PAPER OFfICIAILY ENDORSED i ~ OR CERTtFIED) SHAII BE PLACED iN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; •nd in the eveat that •ny thereof a not ~ paid, satsfied and discharged sa:d MORTGAGEE may at any time pay the ssme a any ptrt thereof wilhout waiving or affecting any option, lien, eqvify a ; ~~qht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due snd p+yabk and sMll bear intarest ! ~ ~.om the dNe thereof unt~l paid st rate of nine per tentum per annum and together w~th such interest shall be secured by the I~en of th:t morpqpe. ~ _ ~ ; , i y*' - V~=' _ _ _._3._..._..