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Home My WebLink About0106 V~~`.~ I ~ l TNIS INDENTURE, 1Natb tM 2dth day of N~vember A,p, ~q 7S ; . Ronald Thrash and PPc~~Y ~f. 'thr~sh~ his ~rite 1 . i of ~~a Lu~IE' , Covnty Fbrida, Mr+ir?aft~r d~i+ynated as the "MORTGAGOR;' FIRST FfDERA~ SAViNGS AND IOAN ASSOCIA710N OF fORT PIERCE, a capor~tion o~pa~ised and •xiitinp undN IM laws of t!w Unittd St~t~s ol Amtric~ and h~vinp iri principal plau of bvw»ss in tM City of fat PiKC~. St. luci~ County. florida, heninafta d~sgnae~d u tM "MORTGAGEE.•• WHEREAS th~ MORTGAGOR 7s jwtly indebt~d to tM MORTGAGFE in the s~m af s 3O a.~~ * good ~nd lewfvl monpy of tF» United Siat~s advanced by the MORTGAGEE unto tM MORTGAGOR, ~s avederued by a certain promiuuy ~ote oi evcn da~e herewith, of which ~he folbwh+p in wadt and,(iyurts it • I~w copY, lo~wit: ~ 30 , 000 . 00 ~ 10021686 Fort Pierc~, Fio.id., Novembe r 20i tq 7 S for value ~eceived, 1, we or eithe? af us, prom~se to pay, without defalcatio~, to ~he order of FIRST FEDERAI SAVINGS AND tOAN ASSOCtAT10N OF ~ FORT PIERCE at fort Picrce, florida, the sum of s 30 ~0~ . On w;th interest from date at fhe rete of 9• 096 per annum, in montnly instal6 menrs as fotlows: E 2 52 on the 2U th day of Janua?Z ~L 1976 _ and a like ~um on ths correspond~ng day of exh rtw~th there- efter ~nril ~he whole be fully paid. Each insullment fint shall be appl~ed in payment of the interesf and then o~ the unpa~d balarxe of the princ~paf ium. If deia~lt is made in ths payme~t of any ins!allment when dw, and such default continues 30 d~ys, then at the option of Ihe hotde~, and without any other nofice, all Ihe remsin~ng ~~stallments shall be due and payable at once. Privilepe is given fo prepay this note in whole w in part at any t~me wiihout penalty. Neither fwebearance, nor acceptance by the hotdcr thereof afte~ any deFault in any paymenrs he~con, shall be deemed exten:~on_ A late payme~+t charge of f 12 . 6~ sh~ll b~ j added to each insullment rema~ning unpa~d 7 days ~(ter its dus dste, and a liice :um shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Fach maker, surety and endorser hereof, jointly and teverally, waivea demand, prexntment protesr and notice of protest fw nonpa•/ment, ~nd funher agr~ to any exteniion of time of payrtxm, either before or after mafurity, wi~houf not~ce to any of us; and to pay all costs o1 cotlection, includin~ a ~easonable attocney i fce in tfie event of any de{ault hereundc~, and hereby severally waives all benefit of homestead and ezemption under the constitution and laws of each Stata of the U~ited States, as against this obligation w any exren:ion or renewal hereof_ Witness ~he hand ard feal of each pa~ty. , s/ Ron~ld R . Thra ~h ~u ~ s Peggy +1. ?hrash c ,~,45.00 ) Sut~ Revenue (5?ampr e~ntetie~ vR eripind -nete) NOW, THEREFORE, ths MORTGAGOR for tM purpo~e of ucuriny p~yment of said sum of = 3O ~ O~ , snd the pe~formaoce of tM cove~anrs and ~greemenri he~einafter expressed, and fw d~vcrs 9ood and valusble consideratiw~s, by these presents, doss grant, bsrqain, sell, remise, release, convey and con(irm ur.to the MORTGAGEE, iri succeisors and aui9ns, all lhat certain bt, piece w parcel ofi land, situate, (ying, and bei~p in 11~s County of St . Luc ie ~nd State of Fbrida, dswibed a~ follows: Lot 5, Rlock "n'~, (~VIRAVILLA EST~lTES, as per plat thereof on file in ~lat Pook 8, oage 77, of the PuUlic Records of St. Lucie County, Florida. APPRAtSE~s ~ ~ /~/~1.~ ~r~?~, L% ~ ~ - C GG/~ 16SE Ot~ _ ~ . By agreement of btortgagor and Mortgagee on file with ~!ortgagee, the within mortgaqe secures not only an existing indebtedness, but also ADVANCES to be HERE- AFTER made by ??tortgagee to ~Tortgagor, the aggregate of which will e~ual the principal amount specified in the promissory note secured hereby. . 'I . . I i ATE -~i F~ J _;.r. I ~ . ~ I ~~=''_JMEN'Av~ j1~ M~~ ; a( R~FNFD / CrZI I z ~ , _ :~~_,~Lv~ti..~~ : ; ~ - - - - # ~ ~ ~ IN PI1yMpt1' OF T ~ _ _ . = a~y'L ,~~:r ` ~ ~~r 'C' INTM16161E PfR9p N(ES t ~g ~ ~ •~s ~ Y..• . 5. 0 Q ~ TO ClIAPiER 71-134, "''LL `.-~.o•~ ~ ~i~~CTS Of 19)1. Jl~~ ~ - . ~ _ ~ ~ - - - . . . . - . aER1I CIROUR l~p~~ ~ ~!E ~ ~o, Fu r together with all ~nd singular the tenements, hereditaments and ~ppurt~nces thereunto belwging w in ~nywi~e ~ppe?tainir~ tlxrelo, and all rents, iuues, p~oceeds and profits xvuiny snd to scvue from s+id premises, all of which are included in ths above and foreyoing deuription and habendurt?. ~ TO HAVE AND TO HOID the sbove deuribed and yramed premixs unto tha ~aid MORTGAGEE, it~ successori snd u:iyns forever. Md tlw said ~ their MORTGAGOR fw heirs, executon, admini~trato~s and sssigra, hereby covenants with the ssid MORTGAGEE, its iucceswrs ~nd assipro, ehat t h~ a r~ - lawfully iei:ed of the said prem~ses in fes timple; tMt th~ sams u~ fret, clea and discharged from all (ieru and ~ncu~ ~ brances in iaw w in equity, snd that they_ W~~~ thei r hein shsll wsrrsnt snd defertd the tifle ro the ume ro tM saW MORTGAGEE, its succeuws ~nd assiyns, forever agsinst the lawfvl claims end dcm~nds of all persons; ~ ~ROVIDED, AlWAYS that if tF~e MORTGAGOR ahall psy ~nto rhe MORTGAGEE the promiuory note hereinbefor~ describad and ~hal! truly, p~omptly snd fully perform, d;uharge, execute, compkte, compty with ~nd abida by e+ch and evcry tFie siiputatans, agreaments, conditiau ~nd covenants of said prom~swry note ~nd o( this Mwtga9e. t}xn this Mortgsge and the Estste F~ereby veated shall ce~sa and be null a~d void. IT IS UNDERSTOOD thal the wad "Mwtgagoi' whether in the ~inpular a pl~r~l ~nywhere in this Mwtgage, shall be •i~yvlar if on~ only ~nd sMll be plural joiotly ~~d severally if mor~ than one, and tMt the word "the~r" ~s used anywhere in thK Mortysye shall be taken to meu+ `•his;• ••hen:'o~j i or "its;' wherever the cont~xt w implies a admifi. Also, that wherever there is a reference in the covcnants and syrecments herein contained to any of~.=,.4~ R the parties herero, the tame shall be construed to mean as well ~f the hein, Iegal representativef, succeuon and usipni (either volunt~ry by acf of tht" ~ p~rties or involuntary by operation of the law) of the same and that the covenants herein com~ined shall bind sr?d the benefi?s and adwMapp i~w~ to tM •eipective heira, leyal repreuntativa, tucceuors snd au~gns of the p~rt~es ixreto. ~ And isid Mwtgapors, tor themsetves and their heirs, legal representatives, succcuors and auigns, hereby jointly and iave?ally covenant ~nd ~pr~eC.~ to and with tM aid MORTGACsEE, its ~uccessori and ~uiyra: 1. To pay all snd singular thc principal and interest ~nd the veriovs +nd sundry wms of money payable by virtue o( wid promissory note, ~nd this`_^. mwtyape. ~ach ~nd every, p.omptly on the dsys respectively 1FM s~me sever~lly become due. 2 io p+y ~tl and s'xgvlsr th~ taxes, asussm~nts, levies, lisb3lities. obfiqata~s ~nd encvmbr~nca of ~very nature ~nd kind naw on said destrib~~ property, w tMt 1»~e~iter may be impwed, svffered, pl~ced, levied, a~asessed tF+e~eon, w that here~fter may b~ levied w~ssessed upon thit Mort¢ ap~, q fM ~debttdness secured her~by, eacfi and every, wMn due ~nd payable, aaa~dinp to law, befae they become delinquem, and b~for~ ~ny intaestQ atteches a any penalty is incurred; ANO INSOFAR AS ANY iHEREOF !5 OF RKORD 1HE SAME SHAII BE PROMPTLY SATISfIED AND DISCNARGED OF~~ RECOR~ AND THE ORIGfNA: OFFICIAI DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE 5/1TISFACTION PAPER OfFICIAIIY ENDORSED ~ OR CERiIFIED) SHAII BE PLACEO IN THE HANDS OF SAID lNORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst aMr N~er~of is not paid, saYSfied and dixh~rged sa:d MORTGAGfE may st a~y time pay the same or any part thereoi without waiving or affccting any option, lien, egvify or •iQht under w by virtue of this mortga9e and ~he full ~mount of each a~d every such payment shall be immediately due •nd payable snd shall bear iM~rest s~om the dde ?hereof until paid at rate of ni~e per centum per annum •nd togethe~ w~th such interest shall be secured by Ihe lien of th:s morytayt. _ _ ~ "z _ ~ _ . , _ .