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THIS INOENTURE, Mad~ the 28th d~y of ~y ' 1! ' .r-:--~.-r--. A.~. 19
76 b~tw~en
Lawzence M. Rich and Teiesa A. R~ch~ his wif e ~
of St . L\3C1@ Can~y Florida, htrainaitN detignated a~ tM "MORTGAGC~R;' s~d fIRST FE~ERAI SAVINGS AND IOAN
ASSOCUTION OF FORT PIERGE, a aapaation orqu?ited a~d exiuing under ~M laws of 1he United Sta~a oF Arn~~ka u~d Mvinp ib principd plac~ of
butiMa in Ih~ Gty of For1 PiKa, St. l~ci~ Cainty, Fiorid+. MreinaftK desip~a~sd as ~M "MORTGAGEE:'
WHEREAS thif MORTGAGOR is juitly indebt~d ro ths MORTGAGEE i~ the sum oF = 29 ~ ~0~• ~0 good and Iwvfvl money of the Un~ted
er.~.. .J. _J 1.., rrr ~ s '.t. .a.. f-u__ i„
v... w ' " r~ .w ~~v.~v~? v.~ iiq ~~~vn~vr~vv • a~~vc~~~cV ~/J o ~c~~r~~ ~n~....~a •w~a v ~~a~~ ~u~c .w.~.w~r~Y v~ ~~~.~a• •.w •v..v~~.:~'y
wad~ and Iipvns is a hw copy, ~o-wit:
= 29,000.00 10021950
Fwt Pierce, Flor~da, ~y ~8 19 76
For velue tKeived, 1, we w either Cf us, p~omise to pay, without defaltatiun, to the ordcr of F1RST fEOERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE af forf Pitrce, Fbrida, the sum of S- 29s000• - w;~h in~erest from date at the rats of _8 _7~, pcr annum, in monlhly inst~ll-
ments as (oltows: S 239.00 on the 2Oth day of `~u ly 19_76 and s like sum oo ~F?s cwresponding day of exh month thtrr
alter until the whole be fully paid.
Each ins~atlment first shall bs applied in payment of the interest ~nd tFun on the unpaid ba~ance o1 the principal aum. If delault i~ mack io tM
payment of any installment when due, and avch dafault continues 30 days, then ~t rha option of the hotder, and without any othcr ~otice, all the remainirg
insqllments shall be due and payable at once. Privilege is given to prepay thia note in whole or in part et any time without penalfy. Neither faebear~nc~,
nor atteptance by the ho~de? Ihe~eof aiter any default ir? any payments hereon, shall be deemed extension. A late payment charge of :11.95 , shall be
added to each instaltment rcmaining unpaid 7 days af~er ib dw dste, and a like sum ihall be added to each such installme~t remaining unp~id 7 days ~ftK
each wcceeding payment date.
Ea:h maker, surety and endo~ser hereof, jointly and severalty, waives demand, presentme~t protest end notics of protest fw nonpayment, and further
agrees to any extensiw~ of time of payment, either before w after maturify, wi~hout not~ce to any of us; and to pay sll coats of collettion, includinp a
reasonable attwney's fce in the evenl of any default hereunder, and htreby severally waives all benefit of ho~nestead and exemptio~ under the constitWion
and laws of each Sfate of the United States, as apa~nst this cbligatian or any extensian or ra::r.~al hxreof.
Witneu the hand and seal of each party.
cs~?u
~ 1 ~ S/ Lavrrence M. Rich ~U
. (5~?U
$43.50 S/ ?eresa A. Rich ~
( ) State Reven~e -
~4$~ OSc~Gd 30. 3~ipi~:n3t~
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of s~id sum of = ~9 a~Q • 0O and 1M perforrrwnce of th~
tovenants a~d ayreement~ hereinafter expreued, and /w divers good and wlwbk considcrations, by these presents, does Qrant, barQain, iell, remise,
relesse, conv~y and confirm unto the MORTGAGEE, ~ts succeuors and auigni, all that cert~in lot, piece o~ pucel of land, situste, lyiny, and beiry in ths
~~~ry St . Lueie and State of florida, dewibed ~s follows:
South 16.66 feet of Lot 12, Lot 13, and North 16.66 feet of Lot 14, Block
45, SAN U1CIE PLAZA SUBDIVISION, UNIT NO. ONE, as per plat t6ezeof on
file in Plat Book 5, page S7 of the public records of St. Lucie County,
Florida. •t;v-+~'-+ ~(~a~~'- ` C, + /:L
c~ ~ ~ s- ~ o
By agreement of Mortgagor and Mortgagee nn file with Mortgagee,
the within mortgage seeures not only an existing indet~edness~
but also ADVANCES to be HFREAFTER caade by Mortgagee to Mortgagor,
j the aggregate of which will equal the principal amount specified
! in the promissory note secured hereby.
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,r STATE= ~=`CUR~~~'~. ~ _ ~u
~ O~ U,'dI €~i T a, R Y ~ T~`~ /.1 P i d; x ~ RECEIVED ~ IN PA1fNtIXT OF TJU(ES
~ ~ UEPi. UF HEr'Etillt Q~/E ~ '~$'L' l~'~T i~BIE ~$OMK P~~{(~~
~ K~' ~ _ ' ".~6 ~ 3~~ ~ ~ ~ [ O { PURSl1ANT TO Ct1APTER 71-134. ACTS OF 19/l. -
- J~JI -rr~: 7
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- ee. - . ; , ROGEA POIT!tAS '"~'?1 S ~
~ ~;2 ~ CIERK CIRCUR COitli~, ~f. c~titE CO.. Ftll
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~ together with all and singuier the tenements, hereditamenri snd appurtances thereunto belonginy or in mywise ~ppertainirg ther~to, ~r?d atl renri, is~w~, ~
~ proceeds and profits acuuing and ~o acvue from asid premises, all of which are included in the abovt and foreyoirg dewiptan u~d hsbendwn. ~
~ TO HAVE AND TO HOID the above dewibed and granted premises unto the iaid MORTGAGEE, in successon and assiym faever. Md tlw s~fd ~
the ir `
~ MORIGAGOR for heirs, executon, sdmin~s~?arors and asi~gro, hereby covenant~ wirh the said MORTGAGEE, in suocsi~s ~rid a~sipna, =
~ that --~~Y-~~- lawfulfy ui:ed of the wid premises in fee simple; that tFw iame ~re iree, de~r ~nd discMr~ed ~rom all Iwns and ~ncwn- #
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brsnces in Isw or in equity, and thst they W~~~ a~ their heirs ~h~ll w~rr~nt and defend tFK titb to tha ~arrw to ilr Nid ±
- MORTGAGEE, its aucceuors and assigns, fwever ~gainst the Iawful claims and demand~ of all periaq;
~ PROVIDED, AlWAYS that if the MORTGAGOR shall psy-unto the MORTGAGEE the promiswry note hereinbefore dewibed and shall truly, promptly '
~ and fully perform, d~scMrge, execute, compkte, comply with and ablde by esch and every the stipuiatiaa, ~yreemenri, conditions and cwe~snts of s~id
~ promissory note a~d of this Mortgsye, then this Mortysge and the Estate hereby aeated shall ce~~e and be n~ll ~nd wid. ~ F
& IT IS UNDERSTOOD that the wwd "Nbrtgsgw" whether in the singular or plural anywhere in this Mwtgsye, ahall bt siny~l~r if ont only and ~
~ shall be pl~ral jointly end teverally if more thsn w~e, snd that the word "their" ss v~ed snywMere in thit Mortgps sMll be taken ro me~n "ha," "hen,"
~ or "iri," wlurerer ths context so implies or admits. Also, tMt wherever there it a reference in tM covenanri and agretmenb herein conbined to a~y of 1
~ the parties hereto, the same shsll be construed to me~n as well ss the heirs, leyal r~presentatives, iucceswn snd assigns (either voluMary by ~ct of fh~
~ psrties a involuntsry by operstion of the law) of the same and that the covenants Aerein contained sMll bind ~nd the benefits ~nd advant~yq irwn i
~ to the respective heirs, leyal representatives, svccessors end ass~gns of tF~e parties hereto. ~ ~
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Md said Mortyayas, fw tFxmselvei snd th~i~ hein, legal repreu~tatives, successors and ~ssiyns, hereby joinNy a~d severdly covensnt and apr~e '
~ to and with the sa~d MORTGAGEE, its successo~s ~nd aui~ns: '
~ 1. To pay •II and sinpular the principal end intaest and the variovs and sundry wms of mo~ey pay~bk by virtue of sa:d promiuwy nofe, and thi~ ~
~ mortgspe, sach and every, promptly on the days respectivefy the sama ieverally becortK dw. ~
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~ 2. To p~y ~U ~nd angular the t~aes. ~ssessmenn, levies, liabilities, obli9atiau and encumbrances oF every MtWf ~nd kind now on said describd ~
p•~erty, or lh.=t t~seafta may be imposed, suffered, placed, lavisd, w aueusd tfxreon. w tMt h~nafser may b~ levied a assessed upon ti~is Maq- ~
~ eye, or t}N indebtedness ucured hereby, each and every, when dve snd payable. aawdirg to law, lx(we they becorn~ deli ~qveM, u~d befon any im~nst
attaclxs w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 8E PROMPTLY SAlI5F1E~ AND DISCHARCsE~ OF ~
RECORD AND TME ORIGlNAI OFFIUAL DOCU1111ENT {wCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSEO }
~ OR CERTIf1ED) SHAtI BE P1ACE0 IN THE HANOS OF SAlD MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in fhe event thaf ~ny fhtreof u not :
y= paid, satsfied and dixharged sa'd MORTGAGEE may at any time pay the s~me o~ any part thereof witlwut wsiiiny o~ affectiny any opfion, li~n, equity p
•iqht urider w by virtue of thif mortgage and the fvi! smount of each and every such payment shall be immcdiately due and payabl~ and ihall b~a~ iote~~st '
~ ~rpm the date thereof until paid at rote of nine per cent~m per annum and together w~th such inrerest ~hall be secured by the lien of th's morytsyl. '
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