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Home My WebLink About2881 . 2580~s THIS INDENTURE. M,de ~ne 13th - a,Y of ~une A.o. ~9 73 ~+We~~ Richard A. Ring and Ma f1y~ M.,. Ri~na. h~s wife _ of $t• LuCiB County Flaida, hereinafla designs~ed aa tha "MORTGAGOR;' and iIRST FEDERAI SAVINGS AND LOAN ASSpC1AT10N OF FORT PIERCE. • corporatio~ organized and existiny undei tM lawa of the United SNto~ of America and havinp its principal plice of bu:ineu in rh~ City oi fwt P;ac~, St. lucie County, Flaids, Mreinafter designa?ed ~s tFw "MORTGAGEE:' WHEREAS tM MORTGAGOR is j~atly indebtsd to tl+s MORTGAGEE i~ the sum of : 30~8~•~~ good and lewful money oi tlu~ Vn~ted States advarxed by Ihe MORTGAGEE unto the MORTGAGOR, as evidenced by a certiin promissay nota of even date herew+th, of whlch ~t~e tollow~~ 1n ~ . words and figures is a trve copy, to-wit: _ ~Oj804.00 ~ 10029995 ' Fwt Pierce. Fi«~a~, June 12,, t~.~_ For value received, 1, we w eilher of us, promise to ay, without defalcation, to 1he xder of flRST FEDERA~ SAVInGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, the sum of S 3O~ ~ w~th interesf from date at the rate of 7• 7~ per annum, irt monthly ins~aU- ~.,~ros as fo!!ows: s 233•~ on the ZOth day of Au~l1St , I973 and a like sum on the cor~esponding dsy of each ma~th therr a(ter until the whofe be fully paid. Each inslallment first shall be applied in payment of the interes~ and then on the unpaid balance of the princ~pal sum. If defaulf is made In the Nayment of any. installment when due, and such default contir.ues 30 days, then st the opYan of the holder, and wirhout a~y other no~ice, a!! the remain~ng ;nstatlments shaii be due and payabk at once. Privilege is given to prepay this note in whole ot in psrt at any time without penalty. Neither twebearance, nor acceptaroce by the holder thereof after any default in any payments hereon, shall be" deemed extension. A late payment charge of i~~-, shall be added ~o each instaliment remainirg unpa~d 7 days aiter its due da~e, and a I~ke sum shall be added +o eacf~ such instaltment remaining unpaid 7 days aftei ea~h svcceeding payment date. ? Each make?, surety and er?dorser hereof, jointly and severally, waives demand, presentment protest and notice of protest (o? nonpayment, and funhsr agrees fo any extension of time of payment, either before or after maturi~y, without notice to any of us; and to pay all costs of coileuior~, includ~ng a ~easonable atrorney's fee in tha event of any default hereunder, and hereby seve.ally waives all beneiit of home~tead and exemptiw? under ttx constitulion and laws of each State of the United States, as against this obligation w any extension or renewal Ixreof_ Witness the hand and seal of each party. (SFAL) s Richa rd A. Ring ~~,U tsEa~~ ~ s ~iarilyn M. Rin9 ~ ~46.2~ a State Reve~ue (SM~nPs-Necdled «r ~isw?at ~ 30 800 00 ' NOW, THEREFORE, the MORTGAGOR for the purpose of securing paymenr of said ~um of S • • , and the perfwmer?ce of the covenants_and`agreerhente hereinafter expressed, and fw divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey ~nd confirm unto the MORTGAGEE, its sutcessors arid auigns, all that certain Iot, piece w parcet of land, situate, lying, snd being in the County of SL. L11Cle a~d State of Florida, desu~bed ~s folfows: Lot 14, Block 19, LAKEWOOD PAPK, UNIT NO. 3, as per plat thereof on file in Plat Book 10.. page 63 and 64 of the public records of St. Lucie County, Rlorida. w STATE ~ or ~ DOCUMfNTARYF; F SOrRPCT A) OEPI.Ot REYENUE ~ ~ P.i. ~.,~.a-'st3 4 6. Z ~ ~ ~ - ~~~~2 ~ o , ~ ~ ~ ~ ~ ~ ` . ' ~ .F' '',aY.'C:-i ,vit.~ ~.`~'G"lrVt!#t~(ii£CE ri~~t:~:':( F'Fi?~Cf7~: ~ ~1RS1~?v~ TO CHAPTER 71•I:s•i, :+:;75 LF 297;._ . ~ CLESif CaRClJI? ~ POITnAS /`~7~ ( '~UkT, ~ . .1i,1~ ~X' - ~ ~ i together with all snd si~gular the tenements, hereditaments and appurtancea thereunto belong~ng or in snywise sppertsining thereto, usd sll rents, tuues, proceeds snd profits acauing and to accrue from ssid premises, all of which are included in the above and foregarg dewiptan snd h~bendum. ~ TO HAVE AND TO HOLD the above desuibed and granted premises unto the said AAORIGAGEE, its svccessors and suigns foreve?. And ihe s~id MORTGAGOR for r----- heirs, executors, adm+nisf~atoia and suigns, herlby covenants with the said MORTGAGEE, its successors and asigm, t rhat _ thE~_a_I@ _ ~aw(utly seized of the said prem;us in fee simple; that the same a?e free, ck~r •nd dixharged from all liens and encum- = brances in faw or in equity, and that t-hQ~_ will snd thel r heirs shall warraM and defend ~he titie to Ihe same to the said ; MORTGAGEE, its successors and assgns, fwever againsl the lawful claims and demareds of atl penaa; PROVIDEO, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay note hereinbefwe described and shsl) lruly, promptly and fuily pertorm, diuharge, execute, complete, canply with and abide by each and every the stipvlations, a9reements, conditions +nd tover?a~ts of iaid promissory note and of this Mortgsge, then this Mwtgage and the Estste hereby created shall cesse and be ~ull end wid. IT .IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular w plwsl anywhere in th~s Mortgage, shall be sinyuler it one only and shalf be plural jointly and severally if more than one, and that fhe word "their" ss used anywlxre in this Mongage shall be taken to mesn "his," "hen;' 1~~ or "its;' wherever the context ao implies w admits. Aiso, Ihat wherever there is a referente in the covenanri and agreements herein contained to any of ~ the parties he~eto, the same shall be construed to mesn as well as the heirs, legal ~epresentative~, svtcesson and suigro (either voluntary by sq of the ~ ~ partie~ or involuntary by operatio~ of the law) of the same and that the covenants herein contained shall bi~d snd the benefits and advantspes inure ro the ~espective heirs, legsl representativea, successors ar?d au~gns of the parties hereto. ~ ~ And said Mortgaqors, fw themselves and their heirs, legal representatives, successors snd assigns, hereby joint3y and severslly covenant snd ayree - ro and with tF~e wid MORTGAGEE, its successors and assigna: 1. To pay ell and singulsr the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and thi~ ~ ; mortgsge, each and every, promptly on the dsys respectrvely the same severally become due. ~ 2. To pay all and ~ingular the taxes, astessments, levies, liabilities, obtigations snd encumbrances of every natu?e snd kind now on said described ~ ~ property, or thaf heaeafter may be imposed, suffered, placed, levied, w+ueued thereon, or that hereafter may be lev'~ed p aasessed vpon this Mat¢ yr. ` age, or the indebted~ess sscured hereby, exh and every, when due and paysble, according to law, before they becane delinqueM, ~nd before any interest ~g x atraches w ~ny penalty is inturred; AND I~VSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHALL BE PROMPTLY SATISFIED AND DlSCHARGED OF ocp RECORO ANO THE ORIGIP3AL OFFICIAI DOCUMENi (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OfFIC1ALLY ENDORSEO OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and "en the event tFrat any thereof is na - paid, sat'sfied and dischar9ed sa:d MORTGAGEE may at any t;me psy the same or any part thereof without waivi~g w affecting any option, lien, eqv~ty or •~qht unoer or by virtue of this mortgage and the full amount of each and every such payment shall be immediafely due and paysble snd shall bear inferest ' irom t}~e date thereof until paid at rate of nine per centum per a~~um and togeiher w;th such interest shall be :ecured by the lien of th:s morgtage. i ~ _ ~ _ a~ ~^*2«~zw .a~.,.e~ ~ a.._. ~ . , I ~ ~ * _ . 34*=c_.~