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Home My WebLink About1012 30~.~03 ~ THIS INDENTURE. Mad~ the l~th day af February . A.D. 1975 betww~ ' Marcel Paul Richard a~d Gail B. Richard, his Mife _ _ i ' i St l.ucie t of • Counfy Flwid~, Mreinafter detignated a~ the "MORTGAGOR," and FIRST F~DERAI SAYINC3 AND IOAN ASSpC1AT10N OF FORT PIERCE, i cwpaation wy~nized and e:istin9 under IM laws of ths United SUt~s of Americ~ and Mvinp in principal ptsc~ of busin~ss in t!w City of Fort Piac~, St. lucie Co~nty. Flotida, hcreinaiter dssipn~tad as the "MORTGAGEE." WHEREAS th~ MORTGAGOR is jtntly indebt~d ro ths MORTGAGEE in ths sum of i 5~'~ 90~ and lewful money of th: U~~ted S~ates advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of eve~ date herewiih, o~ which the toibwM~y in wo~~ ;~~y~i s~ • trw copy, lo-wit: 1~~,287 vv W ~ i s February 10, 19 ~5 Fort Pierce, Florida, fw valve received, we w either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, florida, tF~e sum of ~27 ~ 5~~• ~ w;th interest from date at the rate of 9• 2~ per annum, in monthly instalb ments as follows: f 252' ~ on the ZOth day of March ~q 75 and a like sum on the correspond~rg day of each month there- after until the whole be fully paid. Eat~+ ins~allment firtt shall be applicd in payment of the interest and then on the unpaid bslsnce of the principal _sum. If defauh is made in the payment of any installment whe~ due, and suth default continues 30 days, then at the option of the holder, and without any other notice, all the remaining ' ~nstallments shall be d~e and payable at once. Privilege is given to prepay this oote in whole w in part at ~~y time without penalty Nej~h~: g4bearonce, nor acceptarxe by the holder thereoi afte~ any default in any psyments hereo~, shsll be deemed extensron. A late psyment charge of s 12 shall be addeei to each inatallment remaining unpaid 7 days ~fter in due date, and a like wm shall be added to each such insfallment remaining uapa~d 7 dayi ~ftet each svcceeding paymeM date. Each make?, surety and endorser hereof, jointly and severally, waives demand, preuntment protest and notice of protest fa nonpayment, and furlher agrees to any extension of time of payment, either before w after maturity, without notKe to any of us; and to pay all costs of collecYan, includinp a reasonable attorney's fee in the event of any default here ~er, and he~eby severally waives all benefit of homestead and exeeEiption under the constitution and laws of each State of the United States, as against t s o6~l~gation w any extension or rcnewal hereof. ~ 1 ~ Witness the hand and seal of each party. ! " S/ Marcel Paul Richard ~U ~ : u ~ ~ - ~ . ~ (s~+u • • ' S Gail B. Richard ' - - cs~w 41. 25 i State Revc~ue ~ W, 1HEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of = 27 + S~~ a~d the per(ormance of the covenanls and agreemcnts hereinafter expreued, and for d~vers good and wlwbk considerations, by these presents, does grant, baryain, sell, remise, release, convey a~d confir unto t~e MQRTGAGEE, ifs ivcceuors and suigns, all that tertain lot, piete or partel of land, situate, lying, and being in the County of ~t .~uCle and S~ate of Fbrids, dexribed ~s folloMn: t ~ Lot 12, HAMILI~ON ACRfiS, a resubdivision of Lot 29, MAR~?VILLA GARD6NS, UNIT ~ ONE, as per plat thereof on file in Plat Book 14, page 6, of the Public Records of St. Lucie County, Florida. ~ M T "~_F p~~C~r~ ~ ~T A EN~AR'` _ 5~"--~ ~ i r ; cZ ~ ~~C~F~vf~uE ;.i= ~~,~ti 4 2, ~J 1 . i s ~ ;tAlt'i5~.v ~ ~ o ~ z ~ i ' pa.~ s~ IN PA1fIiAENT OF 1AXB i ° DUE ON CIASS'C INTANGIBIE PERSONAL PROPERIY. ; pURSWINT TO ~ER J1-13~. AiCfS OF 1971. ROGER PORWIS '~~/a t ~ CLERK GRqIR COURT. Si. WCIE W.. F~/ ~ 6 ~ - ~ ~ ~ togetlxr w~th all and singvlar the tenements, hereditament~ snd appu?tances thereunto belonging w in ~nywix appeAaininp therero, and ell renri, iuues, ~ proceeds a~d profits acccuing snd to accrue from said premises, all of whicfi are included in the sbove aad foregoirg description ~nd habendum• TO HAVE AND TO j1010 the above desvibed and grsnted p~emises unto the said MORTGAGEE, its successors and sugns fwever. And the saW ~ MORTGA~O R fw the1Z heirs, executors, administraton and suigns, hereby covenants with the aid MORTGAGEE, iri tuaeuon u~d ~ui~ro, ~ fhat -they are _~a~r~uY x;:~a of tF~e said premises in fee simple; that the s+me aro free, clear and dixharged from all liem and encuro- G brances in law or in equity, and that they W~~~ a~ their F~eir~ thall warrsnf snd defend the title to the sams to the sald MORTGAGEE, its succeuors snd assigns, forever against fhe lawful claims snd dema~ds of all pe~wro; PROVIDED, AlWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefwe destribed and ~hall truly, promptly and fully perform, discharge, execute, complete, comply wi~h and sbide by esch a~d evcry the ~tipulations, agreements, conditiom a~d covenann of said k promissory rate and of this Nbrtgage, then this Nbrtgsge and the Estate hereby veated thall cess~ and be null ~nd void. 5 ~ IT IS UNDERSTOOD thst the wo~d "Mortgagor" whether in the singular or plural anywhe?e in this Mwtg~ge, shsll be sirgvlu if one only and ~ shall be plural jointly and uveralty if more than o~e, and tMt the wwd "their" as used +nywfiere in this Mortgage shall be tsken to mten "his," "hen;' ~ or "its;' wherever the context w implies a admits. Also, that wherever there is ~ reference in the covenants ~nd sgreemenn herein conqined to ~ny of ~ the psrties hercto, the s+me shsll be construed to mean as .rell ss the heirs, kyal rtpresem+tive~, successon ~nd assigns (either volunt~ry by act of tht ~ partiea w involuMary by operatan of the I~w) of tFx same and lhat the covenants herein contained shall bind and the benefits and advant~yes inur~ ~ to the respective he'as, leg~l represematives, sucussors ar+d ass~gru of tMe parties hereto. u ~ And uid Matgagors, fa themulves and their heirs, legsl repreuMStives, successors and ~ssigns, hereby jointly and sevenlly covenant and ~yree to and wi?h tF+e said MORTGAGEE, its successort snd assig~+s: ~ 1. To psy ~II ~nd sinyular the principal ~nd interdt and the various and sundry sums of money psy+ble by virtue of faid promiuory note, and this ~ mortgape, each snd every, promptly on the dsys respectively the same severally become due. ~ 2. To psy all and ~inyulx the taxes, assessments, levies, li~bilities, oWigatioen and encumbranca of every r?awro snd kind now on said described ~ ~ property, or that hereafter may be imposed, wffe~ed, placed, levied, ot assessed thereon, a ths~-hereaft~r rray be levied a euessed ~pon this Mort¢ age, or the indebtedneu sccured hereby, esch and every, when due ~nd payable, ~ccading to law, befwe they becane deli~quent, ard befae ~ny inte~at ~ ~ at~aches or a~y penalty is inturred; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME SHAII 6E PROMPTIY SATISFIED AND DISCHARCaED OF O RECORD ANO THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFICIAILY ENDORSE~ ~r~ OR CERTIFIED) SHAII BE PLACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AF7ER PAYMENt; snd in ~he evenf fhat e~y thereof is noti v ~ paid, saCsfied and discharged sa:d MORTGAGEE may st any time pay the ssme w any part thcreof without waiving w affectir?g sny optio~, lien, equity or a ~~qht vnder a by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable snd ihall bear interat ~ ~•om the date tFxreof until paid at rate of ni~e per ceMum per an~um and together w~th svch imerest shall be secured by the lien o( th:s morpqpt. s ~ ~ ~ s . . _ -