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Home My WebLink About2366 261911 ' ` ~ THlS INDENTURE, IIMdt the 17th day of 9u~ `''r; • 73 Lawrence W. Ridin4s ~ a~single adult`~ 'i 19-~ of St. LuCi@ Cp~nty Flaida, he~~inaftp d~sgn~t~d as iM "MORTGAGOR," a~d i1RST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PtERCE. ~ oaporatio~ ory~nized +nd ~xistinp undt~ tM (awt of t!r llnit~d Sta~~a of Ameriu ~~+d Mvinp in prp+up~t ~{~c~ of bu~in~~t M tF» City of W~1 Piau. St. tucte County, fiorida, MrelnaftK des~peat~d as tFw "MORTGAGEE." i WHEREAS fM MORTGAGOR is jvatly ie~bl~d to tM MORTGAGEE In 1M ~um of s~~~Q - Q.~_, qood and lawful ma?ey of tM United Statas advanced by ths MORTGAGEE unro ths MORTGAGOR. ~i evidenced by • certai~ promiuory note of even date herewith, oi which 1M idiowinp te~ ~,l~ ~ 80~V.e~ 1 a trw copy, to-Wit: ~ 11OQOZSI W fort Pisra. FIoAd+. - ALiC711St 2.7 t 19 73 Fw value received, I, we w eithcr of us, promise to pay. without defalcation, to ~M orde~ of FIRST FEDERAI SAVtNGS AN~~ IOAN ASSOCIATION Oi FORT PIERCE at Fort pieres, Florids, the sum of s 28 s 8~ with interest from date at the rate of 8• 7-9re pe~ snnum, in monthly in~~alM ments as follows: = 237 an ~hs 2~~, of November ~y 73 ~ I;ks svm on Ihe cw~espondlnp day of each month ths~r afte~ until the whole be fully p~id. Eath instsltrmnt first shatl be applied in paymenl of the interest and then on the unpaid bslance of the principal wm. If defaulf is made in the payment of ~ny ina?allment when due, and such defwh continues 30 dayt, then at the option of the holder, and without any other ~otice, sll ihs remainin~ ~nstallments shall be due snd payabk at onca Vrivileae is giver? to prepay this ~ote in whote or i~ patt at ~ny time without per~alty. _ N~aitha fwebear~xe, nor stceptarxe by the holder thereof after any default in any psyments hereon, ~hal1 be deemed extcnsion. A late psymeM tharp~ of i 1~ sFull b~ added to esth installment remaining u~paid 7 days afte? in dus date, end a like wm shall be added to each such lnitallment ramainirg u~paid 7 days aher eath s~rtceeding paymertt date. E+th m~ker, surety and endase~ hereof, jointty ar~d saveratly, waives dcmand, preuntment protest and notice of protes! fq rwnpayment, and fv?tMr agrees ro any extension of time of payment, eithcr before w after maturity, wi~IwW ratice to sny of us; and to pay all costs of mllection, incl~d~n~ • reasonsble attwney i fee in tha event of any defauh F?ereunder, a~d hereby severally waives all benefit of home~tead and exempfion under the constitufion and laws of each 3tate of rhe U~ited States, as against this obligation a any extension or renewal FKreof. Wiineu !he hand and xal of eacb party. Lawrence . R ings, ~ (~?U a single adult ~ ~ $4~.20 ) Stat~ Revenw ~u ~9fi.XKi?fiXiG~iifiU 7i~~ j~QK7SsY~) NOW, THEREFORE, the MQRTGAGOR fw ths purpose of securing payment of said sum of = 8~ ~ ~nd the performance of tFs covenants and ay~eements hereinafter expreued, and for divers good and valuable cauederatiau, by tAess pr~sents, does yru?t, bi?pain, selt, remise, relesse, convey and confirm unto ths MORTGAGEE, in succeuas u~d auigns, ell tMt ce~tain bt, piece w p~rcel of land, sitvat~, lyirg, and being in tM County of St. Lueie ~ and State of Florida, dewibed ~s follows: Lot 7, Block 4, FORT ST. LUCIfi, SECTION 25, as per Plat thereof recorded in Plat Book 23, pages 32, 32 A thr~ 32 I, of the Public Records of St. Lucie ~ County, Florida. > ~ ~ s 'A ~ ~F LaRrQA ~ ~ OOCUMfNTARY . S~TAMP iAX ~ DEP . REYE t' • ' • _ ~ ' H1i~217~ : ~ ~ ~ 0 ~ - _ o ~ ~i~e: < ~ - 1 ~ ~ n~r~os~ ~Rn pu~uwrr ~o cw~rFR n•~~. ,~cts aF t~n. ' Ro6~ ro~,~t~ /'~r~ 'j CtFftK dltCtlR OOURT, Si. IUCIE 00, Fu, ~ ~ I i ~ together with atl snd ~ingvlar the tenement~, Fur~tsments and a roceed~ ~nd ofits acc?ui and to scuue from s~id ~rtsnces 1he?eunto 6elonpirrg or in anyvrae appertair?irg thereto, and all renb, iuws, r P p~ ~'~g premises, atl of whid~ ue incl~ded in the ~bw~ snd faeyoing description and Faba+dum. j TO HAVE AND TO HOLO the above druribed snd gwnted p?emises unto the said MORTGAGfE, in successon and assiyns forewr. Md tM said 1 MORTGAGOR for - hein, executon, administratws and auipns, hcreby cove~snts with the uid MORTGAGEf, Ns waeson u~d atsip~u, ! rhat he 1,~ lawfully seized of the said premi~es in fee sunple; that th~ same are irer, ckar ~~d ducharQed from al! liens and enewrr i brances in law or in equity, u~d tF~st he wiil snd h1S hcin shall warra~t a~d d~fend the litb w tl~e ~am~ to the s+id ~ MORTGACsEE, its successors snd sssigns, fwever sgainst the lawfvl clsims snd demands of all persons; PROVIDED, ALWAYS thst if the AhORTGAGOR s1+i11 p~y unto tFro MORTGAGEE the promissory note hereinbefpre tleu~ibed and sha11 truly, promptly and fully perfwm, discharge, execute, tompkte, comply with ~nd abide by each and every the stipulstions, ryreemanh, conditiaq snd aovsnants of iaid i promissoiy nots and of ~I~is Mortgage, then this Mwtgage and the Estate hereby ueated shall cease and bs null ~nd wid. IT IS UNDERSTOpp that the word "Mortg~go?" whetl+er in the singuMr w plvrsl anywhere in this Mortyape, sh~ll be sirgul~r if one only ~nd i shall be plural jointly ~nd severally if more than ooe, a~ th~t th~ wud "their" as used anywhere in this Mwt~s~e shitl be t~ken to me~n "his;' "hen," ; w°its;' wherever the context w implies a idmits. Also, that wherever there is a reference in rh. cove~.nn •od a~reeme~n here~n oon~•ined ro.ny oi ' rhe psrfies heroto, the same shsll ba cautrued to mean as well as tha heu~, kysl representatives, svueuon and assigro (eitF~er volumary by act of th~ j parties w imolumary by operafio~ of the iaw) ot the same and thar rhe covenanf~ herein conrained sliall bind and ths l»nefib and adv~nta~p imx~ to the respective heirs, legal representatives. suctes~ors and as?~~~n of the pahits hereto. ` Md ssid Mortyagors, fw themselves ~nd their hein, legsl representstiva, succeson snd auigiu, hereby jointly ~nd severally cav~nt and ~qr~e u ~ ro snd with the said MORTGAGEE, itt successon and auiyns: ~ 1. To psy ~II and si rgutu th~ principal and interest ~~d the varian and wndry sums of mpay peY~ble by virtve of s~id promiswry note, and thi~ ` mo?tgape, each ~~d every, promPtly on ttK days respectively tlx iame s~wrally becoms due. `t ~ 2. To psy all ~~+d sinyvla? the tsxes, essessme~ri, levies. liabilities. obli9ations ~nd encumbra~cey of every natur~ a~d kind now on saiJ dexrib~d f P~opertY, w that hereaher msy be impo~ed, suffered, p~sced, levied, a~uessed thereon, or that hsre~fttr may be lev»d a+asesssd vpo~ this Map- ege, w the indebtedness secured hereby each snd every, when due and payabk, aawdinp ro law, betore tMy become dslinqueM, and befon s~ryr fnter~st ~ attacFxs w any penalty is incvrred; ANO INSOFAR AS ANY THEREOf 15 OF RKORD THE SAME SHAII dE PROAMTIY SATISFtEO AND OtSCHAR(iEp OF ~ RE~ORQ AND THE ORIGINAL OFFlClA1 DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PMER OFFICIALtY ENDORSED ~ ~ OR CERTIFIED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEN7; a~d in the event that any thtreof h iat paid, sat'sfied and diuhuged sa:d MORTGAGEE may a~ any time pay the same a any p~rf fhereof wirhovt wa'winp a affecti~p ~ny option, lien, eqvity ot ~~qht under or by virtue of this mortgage and the fvll smovM of esth and every such payment ihall be immediately di?e ~nd psyabk and ahsll bea intaest ~ ' ~•om the date thereof unfil paid at ~ate of nine per centum per annum and to~etF~e~ with such interest shalf b~ secv~ed b the lie~ of th:s mOryta~e. ~ BooK 2~.7 PA~~357 ~ ~.__r ~ _ . ~ _ . . . ~ ~