HomeMy WebLinkAbout1206 Vi.V~`~p
THIS IN~ENIURE, N4d~ th• day of September _ ~.p. 19?5 b~Mr+~n ~
_ James R. Ralston and Deborah Ralston~ s w ~
of ~J~ •~~L~L~' ~ C.i7unPy ii3ii3i~ ~'~siiii~i~iii a~:y::s:~.~ a9 t~-cfi "Piv~*~.°-A~=-~-^~..:'~ 2-^.~ fl4~T fEC~ERAI S1~VIN9~C ~NQ I~AN _
ASSOCIATfON OF FORT PIERCE. • corporat~on a9anized ~~d existiop w~dN tM lawa ol tM Unit~d S~n~s of /1m~riu ~nd havinp in principal plac~ of
busm~as b tM City of Fort Pi~.c~. St. luci~ Couoty, FIaWa, her~Gufter d~sipn+t~d a? tlw "MORTGAGEE."
WHEREAS 1M INORTGAGOR it jWtly ind~bt~d fo 1!N MORiGAGEE in tM strm of s ?'8~~~'~ pood ~nd ~~wfvl mone~r of the United
,,,..s::~ a3.~+~ie3 by the .'.QRTCAGff vnta thr MORTGAGQR. s~ evide~•ced 1+y • c«~+~n promiuory note of ew~ daN herwrith, of v~,hich tM iollowi~p in
we~ds and figuros ii a tr~e eopy, wwit:
28, 800.00 r,~, 13000129
s
Fort PIKC~, florida. SE~te[Db@r 2 19~._
Fw ve~ue ~aceived, I, we w eithc~ of us, promite fo pay, wi~hout defalcation, to tM wda of fIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF
FURT PIERCE at fat Pierce, flwida, the sum of S 28a-~0•O0 w;th intercit from dste at 1he r+te of8•759G p~r arowm, ia rnonthly instal4
,:,e~,rs a~ iol:ows: i 237.00 on the 20thdaY of ~tober ~q 75~~ ~ y~ p~ the cwrypondiop day of e~ch month thert-
r
aiter uMil the whole be fully paid. " ~
1
Each installment firtt iF»I) be applied in payment of the iMeresf ~nd then on the ~npaid b~lanu of the princip~l wm. If delault b m~d~ in iM
payment of any instaitment when due, and such default conti~ues 30 days, then a1 the option of the hold~v, and without aey otix~ notics, sll the remslnin~
~nsrallments ~hall be dw and payable at oece. Privilege is yiven to prtprY this ~ote i~ whole ot in p~n at any Yuew witho~t pe~+lty. Neither forebsannte,
nw acccptance by the hotde~ thereof atte~ any default in any paYments he~eon, sMll be deemed extension. A late payment cM~ ot li-1~ shall b~
added ro each ins~allms~t rem~ininp unpaid 7 days afle? in due dat., and s like wm shall ba ~dded to each such installment r~maining unpaid 7 d~rs after
each sucteeding paymenL dale.
Each maker, wrety and endorser he~eof, jantly and teverslly, waives demand, presentment protest ar+d not~te of proteft for e~onpayment, and fvrther
agrees to any ex~ension of twne of payment, either befo~e or aiter mat~rity, withoul notice to any of us; and to pay ~II tosts of mllection, includinp a
reasonable anorney i fee in the event ol any default hereunde~, and hcraby severalty waives atl Ix~?efit of homeitead u?d exemption unde~ ths constitutiog
j~d laws of each State of tM Unitcd Ststes, as against this obligation a sny e~tension w renevwl hereof,_
W;tness the hand sr+d seal of exh pa?ty. `
' ' , w • , • ~f 1a1bPS Q_~~77 5~~~ ~W
~W
S,/ Deborah E. Ralston his wif~
t5E/?U
~13.20 ~ Statt Revenue
~-~O°~~1Dt 2a soo 00
lZQW. TMEltE~L:2E. the !~!4RT~!lC~4 f!+r *!!e €+~.•rgos~ of secu~~r~y pay~nent of said sum of ~ ~ • . and tM perfwm~nce of ths
covensnts s~d ag~eements herti~atter e~cp.eued, and fw diven pood u+d valwbl~ consideratans, by thest pres~nts, doet pwnt, bar~aie?, sell, remise,
release, convey ~nd tonfi~m uoto the MORTGAGEE, in wccessors u~d auigns, ~II Ihat ceruin lot, piece ot parcel of land, sitwte, (yirg, and beug in th~
County of St . I.ilCl@ ~ State of flwida, dewibed ~s fdlows:
3~~~ _Go~-- DO~~
Lot 10, Block 40, INDIAN RIVER ESTATES UNIT 7, as per plat thereof on file in
Plat Book 10, page 75, public records of St. Lucie County, Florida, ~
By agreement of Ptortgagor and Mortgagee on file with Mortgagee, the within mortgage
secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by
*•tortgagee to Mortgagor, the aggregate of which will equal the principal amount specified
in the promissary note secured hereby.
i . .
N ~ S ATE ~F FL_ORIDA ~
I ° OOCUMEN7ARY ,.--~~.-~.,STAh1P Tl~?_ j
~ c'z+ ° DEPT. OF REYEtiUE : ' ~'z
: ~
~ = Pa = s~P -s7s ~ 4 3. 2 0 i - ~ ~S ~ ~ ~?n~Frnr~
= n~ot ~ ~._.._._.r 1 ouE oN cxJ~ss ~c qtt~te~ ~ ~
~ To auw~~ n-~ at ~ :
. -
~ ~
~ q~aur oou~. r~uc~c oa. ~
~ogether with all and siogular the tenemenn, herediaments ~nd app~rtsnus thereunto bdongirg or in anywise ~PPertai~iny tMr~fo, and dl tents, bsvN.
~ croceeda and profib acuuing snd to acuus from said premises, all of which ~re indudsd in tl+~ abow and for~poiig d~tuiption and Mba~dun.
TO HAVE AND TO HOLD the sbove described snd gr+nted premises unto the said MORTGAGEE, i1s wocessors and ~uipro forewr- Md fh~ s~id
VORTGAGOR for their executon, administntors u+d auigra, Mreby oovenants with tM said MORTGAGEE, its succ~s~ors +nd +stipns.
that ~Qy a=e Iswfully se7zed of the said premises in fee simple; that tlr sams ~re fne, cbar and disch+rped fran all li~ns and ~ncvn?
b~ances in bw or in equity, and tFNe theY _ will and their hein sh~ll wuraM and d~f~nd th~ titl~ to th~ s+rne to th~ s+1d
nI~ORTGAGEE, its suaeswrs ~nd eugrn, forever ~gsirnt the Iawful claims and demsnds of all perwrot
PROVIDED, AlWAYS that if the MORTGAGOR shall p~y ~nto the MORTGAGEE the promistory nott her~inbefon desvib~d and shall ftvly, promptly
a~d fully perform, discharge, exetute, comptete, tomply with ~nd sbide by esth and every the ~tipulatans, +~reemenb, condiYqro ~nd ~v~+nb d said
` c~om~ssory note snd of this Mortgage, then this Mo?tgsge snd the E~ute hereby ve+ted sMll uas~ aed b~`null and void. ~o
IT IS UNOERSTOOD that the word "Mortgsgw" whether in the sinputar or plunl snywher~ in this Mortgs~e, shsll be sirgular if on~ only and
shall be plural jointly ~nd severalty if more than one, and th~t the wwd °the'a" ss used anywher~ i~ dris M1wt9+ye sFwll b~ taken ro m~~n "his." "h~rs;' h
~r "its:' wherevq the context w impiies w admiis. Alw, thaf wherever th~re is a refe?enot in tM ooven~nb ud apreemenls h~ein oontain~d fo arry of ~
rhe puties hereto, the same sh+l1 be cautrued to mean ss well ss tf+e hein, Is9al npresa+t~tives, svccesson and suipm (titha vdumary by ad of th~
parties a involunt~ry by operstion of ~tlx Iaw) of the s~me and thst ~he coven~nn hs«in conuined ahall bind a~! tM b.nefi» and ad'vanra~s inw.
ro the ~espective heirs, kgal representatives. successors and ass'yns of the puti~s hereto.
Md said Mortgagors, fw themselves +nd ~heir Min, le9+l repr~sent~frves, successas ud suipro, hereby joimly and s~vually tovanant and prw ~y
~o and with the said MORTGAGEE, its successors and suigra:
1. To p+y ~II and sinpvlar th~ prirxipsl and interest and the various and sundry wms of ma~ey P+Yabl~ bY virtue of ~aW promissory nMt, and thts ~
mortgsye, esch ~nd every, promptly on the days respeclively tlw sarne ~ever~llp becarw dw.
2. To pay all and s6gutu the taxes, assess+nents. I~vies. IiabiliY~es, oblig~Ywro and encwnb~no~s of wery nah+n +~d kind now on s+id dac*iMd i
P~oP~b, or that hereafter m~y b~ imposed, sufiered, plaad, kvied, a saesaed therwn, w tlwt hereaNer m~y b~ kvi~d a as~ss~d ~pa~ thts Mor1Q' t
age, or tM indebtedixu sec~rod hereby, each and every, when due and p~yable, actordinp w law, btfon tMy becomt d~linquenl, and bsfw~ airy imer~st
attathes or +ny penalty is i~twred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SMALL dE PROMPTIY SATISf1Ep AND ~ISCHAAGED OF
RECORD AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPt OR THE SATISFACTION PAPER OffICIAIIY ENDORSED
OR CERTIFIED) SHALI SE PLACE~ IN 1HE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the eve~+t th~f aey th~reof is not
paid, ssr'sfied end d~xhs~ged sa:d MORTGAGEE r~n~y at any t7me pay the same or anY pah ~hereof witho~t w~ivinp w affectirg any option, Yien, equity or
.~qh~ vnder or by virtue of this mortgaye ~nd tht full ar~ount of eath and every s~ch payment shall be irt~rt~ediately due and payabk and shall bear interest
~•om !he date ~he~eof ; nr:~ ca.d ar .ate of nine per tentum per annum ~nd toyetht~ with wch intpest ihall be sec~r~d by the lien of th's morgrage.
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