HomeMy WebLinkAbout0614 33~1:~ i
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THIS INDENTURE. Mad~ ths 22nd day of -~~e A.D. 14.s=~ betwNn
f
Henrv Richard and Mabel T Richard, his wite ~
of - SL. LL1C1@ ~py~fy fiorida, M~+'u~aitK de~ignated as the "MORTGAGOR." and FIRST FEDERAL SAVifVGS AND IOAN r
ASSOCIATION OF FORT PIERtE, ~ co?poruion aysnised and exiitinp u~de~ tM lann of the United Stat~s of America ~~d Mvinp iq princip~l pl~u of
b„iiness in tM Ciey oi fat Pi~ru, St. luci~ County, Flwida, hH~inaftN d~iipna~~d a~ ti» "MORTGAGEE."
WHEREAS 1M MORTGAGOR is juitly indebted to ths M~?RIGAGEE io tM sum of = 12 r good ae+d lawful monsy of the Uaited ~
Stares advanced by the MaRiGAGEE unto the MORiGAGOR, as evidented by a ce~ta~n prom~uwy note of even d~~e horewith, of wh~th tM followinp in j
words and ures is a trw c +
~9 OpY. lo-wi/:
= 12.500.00 ~ 1300p333
Fort Pisrce. Flw+da. Jung 22 19_2~
for value received, 1, we w eithe~ of us, promise to pay, without defalcafion, to the ordar of fIRST fEOERAL SAVINGS ANO IOAN ASSOCIATlON Of
FORT PIERCF at Fort Pierce, Fbrida, the sum of :~2 ~ 5~ w~th interest irom dare at the rate of 8• 7~ per a~num, in monthly inslall-
~*+ems as tollowa: t 103.~ t~ 2Otflday of Au(~uSt , 1976 and a like wm on t!~e correspond~ng day of each montF. thsre-
after until ~he whole be fuily pa~d. ;
Each i~srallment first shall be ~pplied in payment of the inrerest and ~hen on tha unpaid balance of the princ:pal s~:m. If default is msdt In th~
payment of ~ny installmem when due, and su<h default continues 30 days, then ~t the optio~ of the holder, and without any other notice, all the rem~Ininp :
~nsrallments shall be due and payabk at once. Frivilege is given to ptepay this nofe in whole or in part st sny time without penalty. Neither forebearance,
nor acceptance by the holder Ihereof after any default in any paymenti hereon, shall be deemad extension. A late payment charge o/ ~5 ~ 15 , ihall be
addrd to each in.srallment remaining unpa~d 7 days after its dw date, and a like sum shall be addeo to each such ins~allment rema~ning u~paid 7 daya ~he~
each sutceed~rtg payment date. '
Esch maker, surety and endorser hereof, joimly u~d se.e~:l:~, W~iVB~ ti@16oiNI, presentment protest snd notic~ of protest for oonpayment, ~nd f~rtFw
agrees to any extension of hme of paymrnt, e~ther betore w after maturity, withouf notice to any of us; and to pay all costs of collection, intl~dinp a
reasonable atrorney's fee in the evenl oF any default hereurder, and hereby severally waives all benefit of homestead and exemption under tht tonstit~tion
a~d laws of each Srate of the United Stares, as against this obligstior? p any ~xtension w ~enewal hereof.
Witness the hand and seal of each party. • '
s/Henry Richard ~
• M ^AM '~?1 IC I 1
~ , ~ n ~Au ;
1I '
` ~ y~y a ~ ~ L~ ' ~~~7~~- (~~~C` T S abel T _ Richa rd `
.
~ ,S` 18 .7 5 ~ Stare Revenue ; ' , • ~U ;
(ir~~ Mw~flei ~w ~~gwwl-n~?e} i
12 500 00 ?
NO'Al, THEREFORE, the MORTGAGOR for tMe purpose of iecvring p~yment of said sum of = + • , and ihe perform~nce of the
covcnants ~nd sgreements hereinafter expressed, and for divers good and valwbls conside~ations, by thess presents, doet grant, bary~in, se~l, remise,
release, convey and confirm unto the MORiGAGEE, its ivccessors and ~uipns, all tliat certain lot, piece or pucel of land, iitvete, lying, and be;~g in ths
Covnty of $t. Lueie , and Sute oi Flo?ida, dewibed as followi:-
Lot 8, Block 16, RIVER PARK [JNIT 2, according to the plat thereof on file in plat
book 10, Page 72, Public Records of St. Lucie County, Rlorida, ~
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By agreement of Mortgagor and Mortgagee on file ~rith Mortgagee, '
the within nartgage secures not only an existing indebtedness, -
but also ADVANCES to be HERFAFTER ~ade by Mortgagee to Mortgagor~
the aggregate of frhich will equal the pzincipal an~ount specified
in the pronissory note secured hereby.
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, STATE rjF FLOR~D~-~.1
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i't}R~.,UIWT TG CtiAP1Ek 71•134. ACTS Of 19::. y~ly
ROGER POfTltlIS /
t ~t.;JiK ;.tACU~t Ct)t?R~. S[. ?f ;:1E Ft~
~ togethe~ with all and singular the teneme~ts, hereditamen*s a~ ~ppurtarxes thereunto belonging p in anywiie sppertsininp tF~ereto, and all renri, isiuea,
`r~~ pro~~f and proi~ts acuui~g and to scvue from ssid premises, all of which ~re inc{uded in the above and fore9oing description a+d hib~rdum.
~ TO HAVE AND TO HOID the sbove ~xribed and granted premises unto the said MORTGAGEE, in succeuws and ~uipns fwtver. Md tM said
~ MORTGAGOR for -~~1r heirs, executors, adminisuators and •ssigr+s, hereby covenants with the ~aid MORTGAGEE, it~ wttessws and ~ssipn,
rhat they are ~.~~iiY uized of the said premises in fee simple; that ths same a~e free, cleu ~od discharged from all liens and end~
~ b~ances in law or in equity, a~d that thev w~~~ t}1QiZ
hein thall warrane a~d defend the titls to the sartw to tht said
~ MORTGAGEE, its succeuors snd assigns, forever against the lawful claims and demands of all persons;
- PROVIDED, AtYlAYS thal if the MORTGAGOR shall p~y uMO the MORTGAGEE the promiuoty note hereinbtfu~ destribed and sh~8 truly, promptly ,n ~
and tully perfwm, d~scAsrge. execute, complete, comply with and abide by each a~d every the stipulatioru, agreements, conditiwq ~nd tov~nanfs of said
prom~ssory note and of this Mwtgage, then this Mortgage snd the Estate hereby ueated shall tease u~d be null ~nd void. 's ~j
` IT IS UNDERSi00D ihat the wwd "Mortgagor" whether i~ the sirgular w plural anywhere in this Mortgage, sMll be sinyulu if o~t only u~d
~ shall be plural joint!y snd sererally if mae than w?e, and that the wwd "their" ss used soywhere in this Nbttg~ye shall be take~ to meu~ "his," "hers," sr ~
u
~ or "its," wF~erever the co~text so implies a admits. Alao, that whereve~ there is a reference i~ the covenants s~d sgreemenri haein cont~irwd to any of
:he panies heseto, the wme shall be construed to mean ~s well as the hein, legsl represenUtives, successon snd assigns (either voluMary bp acf of 1M
? part~es or involu~tary by operatiw~ of the law) of the same and that the covensnts herein contained ~hall bu+d snd rhe benef~n and advantapes inw.
ro the respedive heirs, kgal representatives, successors and asrgro of tl~e p~rtip hereto. ~
~ And said Mwtgsgors, fw themselves a~d thein c~in, legal representatives, successon and auigns, hereby jointly snd uverally coven~M and a~r~e
~ fo ~nd wifh the said MORTGAGEE, its s~rccesso~s ~nd assigns:
1. To pay all ~r+d iin~ular 1hc principal and iroercit snd tFx v~r~ous and sundry sumi of mo~ey payabte by virtue oi said promissory note, ~nd ths ~i '
~ ~*+ehg+ge, each and every, promPtty on the days respectively the same sevtrally become due. ~ i
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~ 2 To pay all ~nd sinyulu the taaes. ~uessmer.n, levies, liabilities, oblig~tions ~nd encumbr~nces of every natur~ and kind now o~ uid dew~d
property, w tMt hcreafte~ may be imposed, wffe~ed, placed, levied, w ~uessed therao~, w 1Mt hereafter may be levied or assessed upa~ thia Morq~ '
~ sge, w the indebtedness secwed her~by. ~ach and sveryr, when due and payable. ~ccordirg 10 law, befors they becor~ delirpuent, ~nd b~for~ a~r intNp~ i
attaches or any penalty is inturred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGEO OF :
~ RECORD AND 1HE ORIGlhAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~
4 OR CERTIFIED) SHAII BE PtACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMFNT; s~d in the evenl that any thtr~of is no1 .
- pa~d, sat s(ied and dischsrged sa'd MORTGAGEE may at any time pay the same or any pan tkereof without waivirg w affecting ~ny option, lit~, equify p
•~aht ~nder or by virtue of this mor~gage and the full amovnt of eich and every such payment shsll be ~mmediately due and paysbk +nd shall besr interpt
p ~rom rhe dare thereof va~il paid at rate o1 nine per centum per a~num and toqe~her wrth such interest shall be secvred by the lien of th:s mot9tay~.
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