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~o!i 57 PGE537
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THIS INOfNTUtl. M.oe t;..
J aJl\elJ
2t)th dey of _Feb~al"1
W~ Rutl~die and Vera Rutledge,
A.U. 19~ be_n
his wife
of Sa i ~uo re-:- , c.unty l'Iofld.. ~ clMlpal1d .. "'- "MORTGAGOR," snd FIRST FEDEIcAL SAVINGS MJO WAN
ASSOCIATION Of fOIT P1fKt, I eDfpOtlliolt Ot'genbed end ,.Isllng under I'" Ie...... of the Unlr.d S,.IM of Amerlc. .nd hiving Ita prl",lp.1 pl.c. of
bueinMe In 1M CIty of fofl PIeru. St. LucJ. Cevnty, 1'1otkJ.. heNlnaftw dMlgNted .. the .'MORTGAGEE:'
WHEREAS It.. MORTGAOOIt It Iwtly ~ to the MOltTOAGR In the _ of $ 16,000.00 _. good .nd I.wfu! r.oney of II,. U":I~d
Slit.. edv.~ by 1M MO.TO.4GU unto oN MOIlTGAGOR. AI .....lOanCed by a Cfifain pnrnlllOfy nol.. of .....n d.I. h.r.wlth, of which lhe folluwing in
;it :~dau~~ a tn.. ,~'/. '-tIt:
10,888
No
fort PI<<ce. Florid.. FebrllflT'Y 25, 19..hl-
for ....Iue rec;.Iv.d, I, we << elr+..r of VI. promi.. to pay. wllhovt defelClllon. to 1M ord., of FiRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
fORT PIERC~ .1 Fort PIet~. Florid.. the turn of $.... 16,000. 00 wllh Int....t from d.l. .1 1M fit. of _~ par .nnum. In monlhly Inllell.
130 00 10th April 6~
m.nts '1 followl' ~ e on It.. - eMY of , 19~ and a like Ivm on 1M corra.pondlng d.y of each month ,he,e-
.It.r until 1M who:. be fully paid.
Each in'Iellmenl flnl Ih.1I be .pplied in paymenl of 1M Inler... and IMn on the unp.ld bel.ne. of 1M principal lum. If default I. m.de In Ihe
p.ytnflll of ilny Inll.llmenl when due. .nd Ivch def.ult contlnuel 30 . .Y'. then .t the opllon of the holder. .nd withool .ny olh" noliee, .11 the remeininl/
In'I.llmenll .h.1I be dv. .nd pay~bl. el one., Privilege It gl....n 10 prepay thLa nole In whole or In pari .t .ny time wllhouI pan.lly. N.lther fOfeb..flnce.
nor lCC'pl.ne.. by lhe holder th.reof .ft., eny def.",1t in eny paymenl. M,eon, ""'II be clHmed ul.n.lon. Allie p.ymenl charge of ,..b~_ ..,aJl be
.ddttd 10 .ach Ina,.II~nt remaining unpaid 7.eMY' .tt.t Ita due eMI.. and a Ilk. IUIn 'NII be added 10 ..ch ."ch inll.llment remaining unpeid 7 d.y. eher
each luccudlng payrrntnl d.t..
hch m.ker, Ivraty .nd .ndotMr .....eof, jointly .nd nver;lIy. w.f..... dem.nd, prftentmenl prol.11 .nd notic. of prot..t for nonp.ymtnl, .nd f""her
~r.... 10 .ny exl.n.lon of tlm. of p.ymenl...llhet befo,. Of .ft., m.turlty. wll;!Ou' nollce '0 '''Y of UI, .nd 10 pay .11 co.t. of col 100 ion, i",lud:"", .
renon.bl. .norneY'1 f.. In 1M .....nl of .ny default heflunder. end M,eby I,v'fllly w.lv'l .11 benefU of home.t'ld .nd .".mplion under lhe conuilution
end l,wI of IIch 5111. of the Unlled 51..... co ~.lnet Ihil oblig.tk:>n or any ext.nllon or renew. I Mreof.
Wiln..I 1M hend .nd ...1 of ..ch perty.
--SS/ James We Rutlertp.e
Z Vera RutleoP'e
\SEAL)
(SEA.)
(SEAL)
(SEAL)
( 16 , 00 ) 51111 R....enue
(S1.mps c.ncelled on orlgln.1 nol.)
NOW. THEREFORE. 1M MORTGAGOR lot lhe PU'FX>" of MCUtlng payment of lIid lum of $ 16,000.00 . .nd the perform.nce of Ih.
covenanll anci ~reements Mrein.ft., ."pr,"(d, .nd for dlv.n good .nd v.lv.ble conaldo,.I;.,n.. by lhe.. p,.I.nll, doe. grenl, berglin. 1111, romi.e.
relu... con....y .nd confirm unto .... MORTGAGEE. Ita .ve(lUOtl .nd ..Iignl. .11 INt (I,I.ln lot, piece or parc.1 of I.nd, IUull., lying, .nd being In lhe
County of Saint Lucie .nd 51.1. <1f florid.. delCilfll'l follows.
All that part "f Block 16, of RlVERDALE YACHT CLUB F:STATE~, UNIT T'..IO,
according to plat thersof recorded in Plat Book 6, page uO, of tho
public records of St. Lucie County, Florida, which lies Nor'th of thA
Extension of Parkland Boulevard, which extension 1s 50 feet wide, NOl'th
and South, and the oenterline of which is the extenned center line
of Parkland Boulevard as shown on the above plat,-,
c V--
\~e~ed'$ ,3 7 In P')';"f1C;'I! (I( lay!'; du',.
on Class "C" In'8ngib!~ PC;~C'~' r -'C~:Y f'::'c' :~l \'1
Chapter am o! I.G,,'~: :: . ..: '':,11,
~2._
Hector, St. LUCie Count
,
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logolMr with .11 .nd .Ingulu 1M l-.nenta, he,edltemanta end eppurt.nc.. tMrevnto b-!loroglng or In .nywl.. .ppert.Inlng ther.IO, .nd .11 renll, luue..
proceeds .nd profit. lCCtulng and 10 .ccrue from ..Id prernll.l. .11 of whlo:h are Inclvd.od In IN .bov. and foregoing d..crirlion Ind h.bendvm,
TO HAVE AND TO HOLD lhe .bov. dncribed .nd gronled premleet vnto 1M Mid ....ORTGAGEE. itl IUCC,,!oQ<1 .nd ...Ign. forever. And Ih. uid
MORTGAW,R_f.f!j' their heltl. ueevtorl. aclmlnl'ltllora .nd ...Ignl, Mreby cuv.nanll with lhe uid MORTGAGEE. It. 'U"OSlOfI .nd ...ign..
thet __~--8..r.8- I.wfully Mlzed of Ih. Mid pr.mlMa In f.. Ilmple; th.t the lema ere frae, clear .nd dlScherged from .11 lien. .nd .ncum-
brences In law or in equity, .nd Ihlt t.hey will.nd their holn .h.1I w.rr.nl .nd d.fend t},. lill. 10 Ih. lime 10 lhe uid
MORTGAGEE. III luCCenor. .nd ...Ignl, for....., 19.1rul 1M I.wful c1.lm. .nd c!em.nd. of ell J>eraOtls,
PROVIDED, ALWAYS lhel If lhe MORTGAGOR .hllI pay unlo lhe MORTGAGEE lhe promhaory nol. heralnbefor. described end .h.1I truly, promptly
..~t4 fully perform, discharg., .xecul.. campi'I', comply wilh .nd .bide by e.ch .nd .very Ih. Illpulatlons. Igreement., conditions .nd covenent. of u,d
p""", ?ty nol. .nd of Ihil Morlg.ge, thJfl Ihll Mo,.tgag. and 1M Este".. "'raby cr.. led .hell CelM .nd be null end void.
IT IS UNDERSTOOD 1"'1 1M word "Mortgl{lOf" .......Ihe' In Ih. lingul.r or plural .nywher. I:'l Ihi. N.{)rt,el/" .h.lI be .ingulo, If on. only end
,h.lI be plural jointly Ind Mver.lly If more then 000. .nd IMl lhe word "Ih.lr" II used .nYWMre In Ihi. MortJ.ge .hlll be t.h" 10 m..n ..hi.... ..h......
0; "ill:' wherev~r Ihe conlexl 10 implle. or .d",I... ^IIO, Ih.1 wherav.r Iher. Is . r.ference In lhe covenan.. end agreem~nl. huei" conllined 10 eny of
Ine psrliet her.to, lhe urn. .hell be cO<'.t.ued Ie ;noe.n II W4l1 II :'>0 Mill. leg.1 rapreunlltlvel, IVCceUOrs Ind ...ign. (eith., VOIUnf.,y by ecl of Ihl
pert,.. or Involuntary by operation o! lhe law) of Ih. ume .nd Ih.t Ihe coven.nt. Nreln ccnt.lned .h.1l bind end 'he benafill .nd .dv.ntage. Inure
10 th. re.pectlve he ira, 11901 repreMnl.Ilv.l. 'u<<euon .ttd ~..Igr.. of tM p .rti.I heralu.
And ukl ',I,(,rlgagors, for IhemMlv.~ .nd IMlr heirs, leg.1 '.pr....,lotl....., IU<<:.llOtl end Alllgns, "'raby joln'ly end severally covenant .nd agr~e
to .nd wllh 1M Mid MOllTGAGEE. ill lvecellOtl end eu!gnlt
I. To p.y .11 .nd .Ingular the prlnclpel .r.d Internl .nd 1M v~rloVl .n d IUnd,-y ,.,m1 of mon-ay p.y.bl. by virtue of uid vromlnory nole, .nd thil
morlll.ge, lOch ond .v.ry, promplly on 1M d.~ ,eapectlv.ly 1M 11m. ......fllly become dv..
2, To pay .11 .nd Ilngvler 1M I'xe.. ......ment., I.vle., 1I,:'IIIHo.. obllg.tionl .nd encvmbtlnces of .very neture .nd klr.d now on uid describ<<!
property, or Ihal h<:1'"fter m.y be Impoad, ovffer.d. placed, I.vled. Of .....Ied lhereon. or Ih.1 hereafter m.y be I.vied or ....n.d upon Ihi. MO,IO'
'ge. or Ihe Indeb:edn... IO<U,ed heraby. nch .nd .very. .....h.n dve el'd pay.bl.. eccordlng to I.w. before lhey b.com. dellnqu'''I. .nrl before .ny Inle,e.1
oll"che. or Iny pene:ly i. Incurred; Ato;u I1~SOFAR AS ANY THEREOF IS OF I1ECORD THE SAME SHAll 8E PRO,^PTl Y SATISFIED AND DISCHARGED OF
I:ECOiW ,:.:m THE: O.:iGI'';A.L OfFICIAL DOCUMeNT (SUCH AS, FOR INSTANCE, THE TAX ReCEIPT 01\ THE SATISFACTION PAPER OFFICIALLY ENDORS~D
O~ CERTIFIED) SH.to.ll ~:' PLACED IN THE HANDS OF SAID MORTGAGEe WITHIN TEN DAYS NEXT AFTER PAYMENT, .'ld in Ihe .vent Ihel any I~.ereof Ii not
;.:a,d, ..t..tied ."d dllChorged u;d MOi(IGAGEE m.y .t .ny timo PlY Ih. ..me or .ny parI tho'eof withovl w.iving or .ffecli"", .ny option. lien. equity or
ri'Jhl vI,d.. or by viii"" of thl. mo,tgal/e ono Ihe full .mounl of .ach .nd every .uch p.ymlnl .hsll be im"'tdia.ely due .nd p.yeble and ,h.1I bear intore"
[,on, Inc dale Ihereof urli' pJ,d ., tile of ninl sx>r Cln!vm per ennum .nd togolher w;th svch Inle...t .hell be secu,ed by Ihe lien of Ih'. morgtage.
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