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Home My WebLink About2568 i vO~f J ~ . ~ . ~ . • . f ~ ` ~ ~ ,;t~l APrii - A.D. 19 7'4 between : THIS INDEN~URE. AMd~ d~ie day of : i Don L,. Ritcb~y aAd Robests Ritchey, his wifo of SL • L~1C~• ~~~y F~aida, hNeina{ter de~ignated s~ 1F~e "MORTGAGOR;' and fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaation orpu+ized +nd existir?p under tM laws of 1he United Stat~s of Amtrit~ and Mvinp in principal placs of busineas h tl» City of Fort Pi~res, St. lucie County..Florida, hereinafta desiyoat~d +a tFN "MORTGAGEE:' WHEREAS tM MORTGAGOR is jwtly irwltbt~d ro the MORTGAGEE in the sum of i~~ 8~ 9~ a^d lawful money oi the Un~?ed Sta?et advanced by ths MORTGAGEE un~o ths MORTGAGOR, as evidenced by a cert~in promissory note of even date herewith, of wh~ch the followinp io wads ~nd fiyures is a true copY, to-w~t: ~10020764 s2d,800.00 ~ ~o.~ P~«~, fia~a~. April 4 ~y ~4 Fp valve received, 1, we o~ either of us, promise to psy, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE al Fat Pierte, Fbrida, the sum of S~~ 8~~ ~ - wilh interest from date at the rafe of 8~ 796 per anrtum, in monlhly install- menti as totlows: S 2~ the 2OLhday of July , ~q 74and a like sum on tha correspond~ny day of exh month ihcre- after until the whole be fu11y paid. Eath inslallrrKnt first shall be applied in paYment ot t!w interest and then o~ the unpaid balance of the principal sum. If defsult is made in the payment of any installment whe~ due, and such default continues 30 dayf, the~ at the opta~ of the hotder, and without •ny other notice, all the remaining ~nsrallments shall be due and payabte at once. Privilege is give~ to prepaY this note in whole or in p+~t al any time wilhout penalty. Ne ZO f2O r+~. nw scceptance by the holder thereoY after ~~y defauN in any paymenti hcreon, shall be deemed e:tension. A Iate psymem charg~ of : ' sh+~~ be added ~o each ios~altment ?emaining unpa~d 7 days after ib due d~te, and a like wm shall be added to each such installment remai~ing unpaid 7 days after each succeeding p+yment date. Each maker, surety and endorser hereot, jointly and severally, waives demand, p~euNment protest snd notice of protest fa rwnpayment, a~d further agroes ro any extensan of time of payment, ei~her before or after matu~ity, without norice to any of us; aod to pay all costs of collection, includ;ng a reasonable attwney's fee in the event of any defautt hereunder, and hereby severally waives all benefit of homestead and exemplion under the tonstitution and Iawt of each State of the United States, as against this obligation w ~ny extension or renewal hereof_ W~tness the hand and seat of each party. • (SEAIa ~ , , . s Don L. Ritche • ~ t „ , : 1 ? y (SE/?l) ' ~ ' (SE/1l) • - _ s/RobQrta Ritchey ts~w ~ 37 ~ 20 t Stat~ Revenve c~~'"~e•~~ a* • 24 800 00 NOW, THEREFORE, the MORTGAGOR iw the purpox of securinp psyment of ss~d sum of = ~ • and the performance of ths covenants and agreements hereinafter expreued, and fa dive~s good snd valuable co~siderations, by these ptesents, does grant, bargain, ull, remise, retease, convey and confirm unto the MORTGAGEE, its succeuors and auigns, all that ce~tsin lot, piece or partel of land, situate, lying, snd being in the ~ounty of $t • 1'uCie and Sute of Flwida, described ~s follows: The West 121 feet of Lots 15 and 16, LBSS the North 17 feet of Lot 15,_ ~ t _ , Block C, MARAVILLA HBIGH2S SUBDIVISION, accoYding to the Plat thereof on file in Plat Book 5 at Page 1, Public Recosds of St. Lucie County, Rlorida; JRY~ ~''~1 - ~~~_M~- 4 ~ ~ ~ P aR.~=,. ~ 3 ~ 1 E ~ ~3G~ ~Y~'a~ ~ _ : ' ' ~ ~ ~ O, ~o= ~,S,t~~-• ~ G d IN PAYIAEtr~ 0~ 71?XES w:- ~ ~t .A pRpPEg ~ A ~ ~ REl'~IVfDC~ 'C INTN1fi~BlE PERSOWIL a~c ~ = P~2 70 Cl1ArtER 71-134. A~S Of ~9J1. /~jC ~ o RpGER PORRI1S ,~c~ ~ ~s~ ~T ~ . q~RK CIRGIR ~RT' St. tUCiE ~ together with all snd singular the tenemcnts, hered~taments and appurta~ces tlxreunto belo~girg w in aoywiie appert+ining ftxrefo, and all rentt, iuues, proceeds ud profin scuuing and to acaue from ssid premises, all of which are included in the sbove and foregoiny desaiptan snd Mbendum. TO HAVE AND TO HOID the sbove dewibed and granted p?emius unto the said MORTGAGEE, its suarssors and auigm forever. Md tM said } their ? MORTGAGOR for hein, exetWOn, ~dministrators and augns, he?eby tovenaon with the said 1NORTGAGEE, i» suctesso+s +nd assi~ra. e rhat ~~eV a~e _~,,,,~„ii,, x;=~ of the aaid premises in fee simple; tlut the same are free, clear snd dischar9ed irom all licns and encvm- s` brances in faw or in equity, and that tbey will and their hein sMll wura~t and defend the title ro the s+me to the said MORTGAGEE, its succeuors and assgns, fwever ag~inst the lawful cla'~ms and demsods of all persons; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note herei~befwe described and shall truly, {xomptly a and fully perform, dixharge, execute, complete, comply with and abide by each and every the stipulations, s~reements, conditwns and covenanb of ~aid " oromissory note snd of this Mortgage, then this Nbrtgsge and the Estate hereby uested shall cesse and be nvll ~nd void. ~ IT IS UNDERSTOOD that the word "Mwtgagw" whether in the singular w plural s~ywhere in this Mortgage, shall be singular if one only and ~ shall be ptursl jointly-~nd teverally if mwe than one, and that the word "their" as uied anywhere in this Nlwtgsge shsll be tsken to me~n "his:•••~+en•• ~ or "iri;' whereva the conte:t w implies or admits. Alw, tMt wRcreve~ there is a reference in the covenanb and ayreements herein coMairud ~o se~Y o~~ ~ ~he psrties hereto, the s~me shsll be construed to mean ~s well s~ the hein. Iegsl representatives, svccesson +nd sssigns (either voluntary by ~et of th~p ~ pari~es a involuntsry by operatiw~ of the law) of tlx iame and tha~ the covenants herein coMained sh~ll bind a~d the benefib ar+d adv+ntages inwP~~ ~ ~ ro the respettive hein, kgsl representatives, successors and su'gns of the puties hereto. ~ qnd said Mongagors, fw themxlva a++d their Ixiri, legal represe~htives, successors and auiy~s, hereby jointly snd sevenlly coven~nt and ayre~ ~ ro and with the s+id MORTGAGEE, its successo?s and usiyns: ' ~ 1. To pay dl and singubr the principa) snd iMerest and the various snd sundry sums of money payable by virtue of ssid promissory note, ~nd this~ morr9s~e, each and every, promptly oo the days respedively the s+me severdly become due. E.y 2. To p~y ~II ~nd singula~ the tsxes. ~isessments, levies, li~bilifies, obfiystions srtd encumbances of ev:ry nsture ~nd kind now on s+id desuibe~~' properry, w tMt hereafter may be impwed, suffered. Pleted, levied, or aueued thereon, o? thal Mreafter m~y be levied w ssussed vpon thi~ Mort~t7 age, a the indebtedness secured hereby, each and every, when due and paysble. ~ccwdinp to law, before they become deli~qvero, and befwe aMr intereiU { attaches o~ any penalty is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTIY SATISFIED ANO DISCHARGED O RECORD AND iHE ORIGINAL OfFIC1Al DOCUMENT (SUCH A5, FOR INSTAPlCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY f.NOORSE~ OR CERTIfIE~) SHAII BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and i~ the event that any thereof is paid, sat'sfied and discharged sa;d MORTGAGEE may at any time pay the same w any pa~t the~eof without wsiving or aflecting sny option, licn, equity ot •~qht under or by virt~re of tbis mortgage and the f~ll amwint of each and eve?y such psyment shall be immed~ately due and payable and shall bear interest ~.om the dste thcreof until paid st rate of ~ine per centum per annum and toyether w~th such i~tereft shall be secured by the lien of Ih:f morgtage. _ . . _ . h _ ; > ~ ~~~-a ~"k~ Fs ~f Y^'~ra ,{k~` A"~~ua^~ s..z. rea'~' i ` _ ' ~.~-'7c' § ~ . _ ~.W.__ _ , r.. ~.._'e._.d. ~ . . - '