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Home My WebLink About0493 'G~4L~~ 4 THIS INDENTURE, Mads ~he 6t'h d+ of J"~ , A.D. 19?3~ between ~~ene ~titchie and Lillian Ritchie, his wife, _ of St• ~1C~ Co~nry flw~di, Mrtin~fqr desg~ated +s tM "MORTGAGOR;' and fIRST,~EEDER~SAVINGS AND IOAN ASSOCIA?ION Of FORT PIERCE, • corporation orpanized ~nd exist~n9 undx tM law~ of the United St~q~ of Americ~ a~d M its. priniipd pl+c~ of bu~ineu in tM City of Forf Piac~, St. luci~ County. Florida, herainafte~ d~signated a~ tM "AM,O-RTGAGEE:' • WHERE/15 tM MORTGAGOR is ju~tly ind~bt~d to ths MORTGAGEE in th~ tum of =_Sfi,S~•~ , good and lawiul money of the U~~ted Sfates adva~ced by tht MORfGAGEE unto the MORTGAGOR, ss evidenced by + cerfain promi»ory not~ of eve~ date herewith, of wh~th the followinp in wadf snd~(igures ii a trw copy, to-wit:. = 24^500.00 N, 1002~46 Fort Pierc~, flo?ids. J1114 6: _19~_ Fw value received, 1, we w either of us, promix tro pay, without defalcation, to Ihe order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at Fort .P~~ie~rce, ~fbrida, the sum of : 2~~..1~•~ with interest from dafe at the rste of6~°'.o per snnum, in monthly install- menn as follows: Z_~St~~± - on tt~e ?~L~ day of AII~`jt 1q-~~ and • like sum on the cwresponding day of each month ~herr after ~ntil the whole be fully paid. Each installment fint shall be applied in payment of the interest snd Ihen on the unpaid bal~ncs of the princ~pal sum. If defqult is made in tha payment of a~y installment when due, and such default continues 30 days, the~ at the option of the holder, and without any other notice, all the remaining :nstatlments shall be due and payab?e at once. Privilege is given to p?epsy lhis rate whole w in part at any time without penalty. Neither forebeannce, nor acceptance by the holder thereof after any defautt in any payme~ts hereo~, ahall be deemed extensio~. A late payment charge of s~~, shall be added to each installment remainirg unpaid 7 days after its due date, and a like sum shall be added to each such ins~allment remaining unpaid 7 days after each succeeding payment date. . Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonpayr+Knt, ~nd further ag~ees to sny extensiw~ of time of payment, either before w after matu~ity, without notice to any of us; snd to pay all co:ts of collection, includ~~y ~ reaionable attorney i fee in the event of any default hereunder, and hereby severally waivts all ber.efit of homestead and cxemption under the constitution and laws of each Sta~e oi the United States, as against this obligation or any extension or renewal hereof. Witnes~ the hsnd and seal of each party. S/ ~¢ene Ritchie ~?q ~ cs~?~~ S Lillian Ritchie ~3b•75 ~u ) State Revenue (7AMI~Z7Y~l11ld~R~IfgtffM!'1fOtQ~ _ NOW, THEREFORE, tF+e MORTGAGOR fw the purpose of secvring payment of ssid sum of 5~• ~ and the performance of the covenants and agreerrKnt~ hereinafter expreued, and fw d~ven good a~d valusble consideratio~s, by these presents, does grant, buy~in, sell, remise, release, convey and confirm ~nto the MORTGAGEE, iri succeuors a~d auigns, atl that certain bt, piete or pucel of (and, situste, lying, and beinp in ths County of $t• ~1C~ ,+nd State of Flwida, destribed n follows: ~ I Lots 9 and 12 ot B1ock 3 of TITSRH(3SE PARK, a Subdivision according to the plat thereof rec~rded in P1.at Book 8, at Page ?4, of the Public Records of St. Iuci,e i Co~unty, Florida, ' , And mortg~$ors cav~enant that they are the identical individuals 'j nam~d as gr~mtees in that certain tiiarrantT Deed fro= Harris ~ 'l Constrnction Corporation to Eugene Ritchie and Lillian H. ~ Ritchie bearing date of Nrnreaber 8, 1963, recorded in 0. R. € Book ?4, pa8e 5b8, of the Public Recorda of St. Lwcia Caunty, ~ Florida. - ~ . ~ ~ ~ STAT~ 1-~" - u~ w?.M~ o~ T~s GZ ~ ~F FL..O R i t~ A~ ~nw ~y~~i. yn~~y _:r . GOCUMENTQRY.+~ ~;~STAMQ T~ X ~ ~ 111TM~~ c DEPi. Of REVEMUf t-= • r : ' ~ / x - w~ w r m~ pR,~ i `r _ _ io•i~ ' t: = 3 6. 7 5 1 ~ uat sT. wc~E . m - _ PH. R • ~ ~~fj ' ~ _ ~~ir) ~ - ~ rogether witfi all and singular the tenements, hereditaments and ~ppurtances thereunto belonginp or in anywise ~pperf+ininp therefo, a~d all rents, iuues, proceeds and proiin accruirg snd to scuue from sai d premises, a l l o f w F i~ are inc l u d e d in t F ~ e ~ b o ve a n d f a e y o i r g d e w i p t w n a n d l u b e n d u m. TO HAVE AND TO HOID the above desvibed and granted premises unto the said MORTGAGEE, its successon and aasipns forever. Md th~ s~id ~ MORTGAGOR for th~eir exKUtas, +dministntors ~nd augns, hereby coven+nfi with the s+id MORTGAGEE, ib sutcesson and assiyro. ~ ihat lawfully ieized of the said premius in fee simple; thst the same are frae, clear ~nd discFurgtd from all lier?~ and encum~ ~ 6rances in I~w w in equity, snd that ~8p will and t~iT 1?ein shsll wsrrant and defend tha title fo the sam~ to the s~id ~ MORT6AGEE, its successors ~nd auign~, fotever sgainst the lawfvl ctaims and demands of all penau; , i PRQVIDEO, AIWAYS thst if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory note hcreinbefwe described ~nd sMll truty, promptly - and fufly perform, discMrge, execvte, complete, comply wi?h and abide by each snd every the stipulations, ~greemenri, conditioro and tove~ants of ssid prom~ssory note and of tF?is Mortgage, then this Mortgsge and the Estate hereby uested shall cesse and be nvll and void. ` IT IS UNDERSTOOD tMt the word "Mwtgagw" whetF~er in tl~e singular a plunl ~nywhen in this Mwtysye, shall be sin~ul~r if one only and ; shall be plvral joiMly and severally if more than one, and that the wwd "their" ss used snywhere in fhis Matgsg~ ah~ll be taken to me~n "hi~;' "hen;' or "its;' whereva tfie context w imptics w admitt. Also, that wherever there is s reference in the covenann and ay~eemenn herein conuined to ~ny of ~ the parties hercto, the ume sMll be construed so mesn as well as the hein, kgsl representatives, successors and sssi9ns (either voluntary by ~ct of the ~ partid or involumsry by operation of the law) of the ssme and that the coven~nts herein contained iA+ll bind and tM benefi» and sdvmtages inure ~y to the ropective heirs, kgal representatives, successors and au~gns of the p~rties heret0. ~ ~ And said Mortg~go~~, iw themxlves and their F~eirs, legal reprekntatives, succeasors snd usigr+s, hereby jointly and severally covenant ~nd ayree ro and with the said MORTGAGEE, its tuccessors and assgns: r:s ~ 1. To pay ~II and singular the printipal +rx! interest and the various and surtdry sums of mo~ty payabls by virtue of said promistory note, and this mortgsge, esch ind every, promptly on the days respettively the same severally become due. 2. To pay all +nd singulsr the tsxes, assessmenn, levies, liabilitiet, oblgatwns s~d encumbances of every nature and kind raw on s~id described ~ property, w that hereafter msy be imposed, suffered, placed, kvied, or +uessed thereon, w that hcreafter may be levied or ~ssessed vpon this Mo~t¢ age, w the indebtedneu secured hereby, exh and every, when due and payable, accordiny to law, before they become deli~qutnt, and befwe arry interest ~ attaches or any penalty is i~curred; AND INSOfAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATISf~E~ AND DISCHARGE~ OF ~ RECORD AND TME ORI61NAl OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT APTER PAYMENT; ~nd in the event that any thereof is oot ~ paid, sst'sfied ~nd diuharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiving w affetting sny option, lien, equity o~ •~phr under or by virtue of this mor~g~ge and the full amounr of each and every such payment shall be immediately d~e and payable and shall besr interest ~ ~rom the date thereof ~ntil paid at rate of n~ne per centum per annum ~nd toyether w~th such interest ~hall be secured by the lien of th:i morgtaye. ~ p~~!!~1U ?AG~ ~i~3 ~ ~ = _ ~ . _ r r~,.~ ~g ~ - ° ~