HomeMy WebLinkAbout2642 _ . ~259968 V
THlS INDENTURE, N1sd~ th• 17~ day of . A.D. 19~., betw~en
John H. Rigals, Jr., aud ~~Iaris A. ~ig~
s~, f~3a ~ritb, -
of ~ie Counry Fiorid~, hNfiMfIM d~tipn+t~d p tt» "MORTGIIGOR," ~nd FIRST ff~ERAI SAVINGS AND IOAN
ASSOCi/1T10N Of fORT PtERCE, ~ oorporarion o.9uaud and ~xistinp w~dK tM I~w~ oi th~ Unit~d St~~a of Am~riu u?d Mvinp its principal pt~u of
bv~hws~ in tht City of Fat PiKa. St. luci~ County. Florida• MfflMftH ~Ifii~Mt~il a~ tFw'"~ RTGAGEE."
WMEREAS th~ MORTGAGOR it hrstly ind~W~d ~o tFr MORTGAGEE in tM wm of =~+~1~~~ , pood and lawfvl mon~y of tM Un7ttd
Stat~s adw~csd by tM MORTGAGEE un~o th~ MOItiGAGpR, a: widenced by ~ certain promiawry. na~ of even d+t~ M~~with, of which ti» iollowinp in
wordt uK( fipury i~ • trw topy, to-wit:
: 36.100.00 N, 10020202
~ w.t Fb.a+. Jh1T 17. ~9_33..
fa vatvs received, 1, we a either of us, promise /o y, witho~t d~fatcation, to the wder of fIRST FEPERAL YI AND IOAN ASSOCIATION Of
FORT PIERCE at Pwt Pieru, Fbrida, the sum of =~~1~•~ with irtteq?q~t i~om date ~l tM ratt of~"2 pe? annum, in moMhly iratall-
menls as follows> f 285~~ o~ th~ ?~b day of A~at 19-_~ and a lik~ sum on the corr~apa+dinp d~y of each ma+th ther~-
afttr until the whd~ be fully paid.
Each i~slallme~M iint sMll b~ applied in paymeM of ths interest and thc~ on tM unpaid balance of the p?incipd swn. H dtfauit & madt M the
paYme+?t of ~~y imuilmMt whor+ d~re. a~d wch defwh continves 30 day~, ths~ at ths opt~on of ths holdar, ~nd without any othsr ~ot~ce, all the romaininq
~r~s~•Ilmann sAaf1 bs dw a~d payabk ~t once. Privilpe is yiveo to prep~y this oote in whob w lo part at N+y Yuns withoul p~n~My. Nii~~fot~Marance.
nor uceptanc~ liy'the hotde~ tt~ereof aftN sny defavlt in a~y paymenn Fierson, sMll b~ deerned extension. A late payment cMr~~ of S 1L~ sMll b~
added to ~ach irotallment rema~ninp ~np~~d 7-dayt aRir iis due dat~, and a like wm shall be idded w each such inatalfinent remsin7rip unpiid 7 dajis iher
eaeh succsedi^9 WY^+~^~ date. - . . _ _ _ . _
E+cA maker. iurety and"endorier hereof, jointly u~d severaliy, w~ives demaod, prescntmeet protest snd raY~cs of protest for nonpayment. ~nd funMr
agrees to sny extenia~? of time of payment, elther befo~e w after mstwiry, without notic~ ro any of u~; and to pay iU ooiri of oollection, Includin~ •
reasonable attorr+~y i fee in ths svent of any default hereunder, and hereby severally waives all be~efil of hort~estead and ~xemption under tM constitwion
and laws oi each State of the United States, as ayainst this obli~atio~ or any extsnsion or renewsl hersof.
Witness the Mnd and ual. of each party.
Sl John g. Ri~~~ Jr. ~w _
csEwu
MarLs A. 2. ~le ~
c ~15 ) Stats Revenw
lar~qr-~+emaa~R~tn~rlr8ret ,
NOW, THEREfORE, the MORTGAGOR for the purpos~ of s~arirg psymsv+t of said wm of =~~1~'~ , a~+d tFN pe?formanoe of th~
covenann ~od s~reemenq hereir?ahK expreued. snd fa divers good and wlwbk consideraYwns, by these prose~ts, dws ~raM, bar~ain, s~H. ~smiss,
release, tonvey ~nd po~firm unto tM MORTGAGfE, its successon and ~ssiQns, a!1 tMt csa~in lot, piw or partel of Iand, situaM, lyirg, and beinp in tiN
Cam~y of ~r• ~1C~6 ~nd St+f~ of florida, davib~d as follows:
Lot 1, Block 5, ORANC~B BIDS3qi ffiTAT&S - SBC~iD ADDITION, as per plat thereo! on
t'ils in P1at Book llt~ page 2, Pnblic Aecorda of St. Iacie Coytntar.~ ~'lorida,
.
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T/ p'~ ~r~ w~ A~ DI~ OM wW 4 ~n1~tld -~p PAY~~j ~'~~yrw
A_~-sN~~4~ . ~ , ~~1M~ TD 1?fAPT PERSpNAI PRpp~~;
A ~~CV~~~~ r . ~06~4~~Jn . I{CTS OF 19/l. ~lt~
~ V 2r~ ~ aerc ~d~o~tt ~
t?= .a D~ ~ d~' 9~: L41GrE CO.: Fti~
~s i P/' . .
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~ together with all ~nd sirgulsr ~F~s tenements, hereditamer?n ~nd sppurtances therevnro belon~inp w in anywis~ appertatnlrg therNv, and ap renb, bsw~„
; procaeds and profits ~cvuing and to sccrve from sa;d p.emisa, ~II of which are ind~ded in tM above and forpoinq descriptio~ and h~be~dwn.
~ TO HAVE ANO TO HOID rhs ,bovs described u~d pr•nted p.emises unto the said MORTGAGEE, i» waessors ~nd ~ssipro fwewr. Md th~ safd
? MORTGAGOR fa ~ir -~irs, executon, administntws ~nd ~uigns, hereby eovenanh with Nw wid MORTGAGEE, ifs suocsason and auiynt,
t rhat ~~S a~ I~wfully seiud of tFw ~id premises in fes simple; that tht same ue fr~s. clear ~nd dischsr~ed from all li~ns ~nd ~ncw+?
t b~sncrs in law a in equity, and tMt ~ay will and ~~ir heirs sMll wKrant and d~fend tM titts b fM same to tM wid
MORTGAGEE, it~ successors snd auigns, forevcr ~airut the Iswful d~ims aod dem+nds of sl) persoraj
PROVIDED, ALWAYS tMt if tht MORTGAGOR thsll pay unta the MORTGAGEE tha promiasory note hereinbefw~ destribed and sh~ll ttuly, promptly
~ snd fvlly perform, discharge, execute, complete, comply wifh and abide by esch aod every the stipvl~tions, agreert~enn, conditioos and coven~nb of said
° promissory note and of tha Mo?ty~e, ti~en this Mort9sge snd the Esute herrby created ahall cease and be null ind void.
IT IS UNOERSTOOD that the word "'AAwt9agor" whether in the singular w plwal anywhers tn this Matpa~e, shall b~ sinpulu if on~ only u~d
shsll be plural 'pintly ~nd ~everally if more th~n on~, and thst the word "thei?" as used anywh~re in this Mortyayt shall be taken to mean "his.•• "hen••
or "its:' wherever the context so implies or admits. Also, that whereve? ther~ ia a r~feranc~ in th~ covenann and s~~~sn+eob haein oont~irnd to ~ny o(
tMe parties hereto, the aame shsll bs construed to mean as we!I a~ the h~in, Ipal r~esentatives, suaesw~s and assi~ro (either votuntary by act of tM
~ parties or invdunt~ry by operstion of the law) of the same ar?d that ihe covsn~nn herein contained shall bird and the Mnefits and dv~ntapa inur~
to th~ respective Min. {eyat represenratives, succeaors and au%yns of fhe psrti~s Mreto.
Ilnd ~aid Atiortyapors, for themselves ar?d their hein, legal representativa, successors ~nd assiyra, hereby jointly and aevaally covenaM ~nd apree
to and with the aid N10RTGAGEE, its successors arx! ~ssigr?s:
= 1. To p~y ~II and sinpulu ths principal and interett and the various and sundry wms of mo~ty p~ysbl~ by virtue of ssid prom~swry ~ote, and this
mort~sye, sach and every, promptly o~ the days retpectivaly the same s~verally become dw.
s 2 To psy ~ft and sinqvla the taae~, uiessments, levies, liabilities, obliystions ~nd ~ba~ces of ev~ry ~atvr~ and kind now o~ said d~stribsd
- property, a tMt hereafter msy be imposed, suKered, placed, levied, or assessed thereon, w tMt hereaNer rt?~y b~ kvisd or aueued upon thi~ Mort¢
sye. a t!~ indebtedneu seaued he.eby, exh and ~very, when dve and payabk, aao~dinp to bw, bsfor~ they becane delinqwM, and befon uiy imerat
; atteches or ~ny penelfy is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 6E PROMPTLY SATISFIED AND DISCHARGEO OF
- RE~ORD AND THE ORIGINAL OfFIC1Al DOCUMENT (51KH AS, FOR INSTANCf, THE TAX RECEIPT Ott THE SATISFACTlOM PAPfR OFFIClAILY ENDORSfD
OR CERTiFIEO) SHAII 9E P1ACE0 IN INE HANOS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; ~nd in th~ swM th~t any th~reof i~ not
e paid, sat'sfied snd disthar9ed sa:d JNORTGAGEE may at any Y~me pay the same w any ps~t thtreof withwrt waivirg o? affectinp aMr optia~, lien, equity or
•iQht under or by virtue of this mortgaye +nd the full amount of each ~nd every wch psyment shall be inrnedi~tely due and payabb and shall btar iMetat
~•om tl~e date thereof until paid st rate of n~ne per centum pe~ annum and royether w~th a~ch inte~est ahall s~w y h~ lien o th:s mor9lp~.
~~~r~~~ F'Af~
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