HomeMy WebLinkAbout2676 ~ ~ i c • • , ' ~ 1b~1~V
llth March 68
THIS IN~ENTURE, Mad~ th~ day of 19---~ ~~`"~N^
Tiorgan hi. Raulerson, Jr. an R y E. Rau erson, his wife~
of Saint Lucie Covnty Florida, MfainaftN dNlanst~d ,as tiw "MORTGAGOR,' ~nd FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, a corpo?~tion upaniz~d +nd ~xis~in9 und~r 1M i~ws of tM Unit~d S?at~t of Americ~ a~d havinp iq prl~tlpd pl~p of
b~unas in tM City of fwt ~i~rc~, St. l~ci~ County. Fbrid~, h~roinafter dai~n+t~d a tM "MORTGAGEE."
WHEREAS th~ MORTGAGOR is jwtly ind~bted ro 1M MORTGAGEE in th~ ?um of ~ 8~~~' ~ good u+d i~wiul rteon~y of tM U~+ited
States advanc~d by ths MORTGAGEE unto tM MORTGAGOR, ~s evidenced by a certai~ promiuory r+ots of even date F~~with, of which tM foN~winp N?
wat~ y~~ f
jguN~ is • trw topy, fo-wit: ~
o~wv.w ~ 14,~G5 '
~ ,
Fort Pierc~. Florid., ~`larch ll. ~ •19~~. ; ~
Fa valus received, 1, we w eitFxr of us, promise~
t~o y without defalcation, to ihs order of FIRST FEDERAL SAVINCsS AN~ lOAN ASSOCIATION OF `
FORT PIERCE at Fort Pierce, Flwid~, ths sum f= 8~~' with interest from data at tM r~te of 6~ 9 96 pa~ +nnum. in me++th~Y i^s~~~N .
me~n aa follows: = 63•~ on the ~~thday of ridy 1968 and • like swn on ths cwres~wndinp day of ~ach month tMr1-
aft~r until the whole be fully paid.
Esch inst+ilment first ihall bs applied in payment of tM interest and then on the unpaid b~lanca of the prie?cipal sum. ~f dsfault k msd~ in tM
piymenl of ~ny ir?itallme~t whe~ du~, snd such default continuss 30 days, then st the option of the holde~, and without any oth~ notiu, sll th~ rsmaininp
installmenn shall be dw +nd pay~bk at once. Privile~s is given to prepaY this eote in whol~ ot in part ~t ~~y time witho~t p~nahy 'Phithu foreMu~te,
nor aoceptanc~ by the hotder thersof sfter any defauh in any payments hereon, thall be deemed extensan. A late payment chary~ of ~ 3• ~.S ~
added to each initdlment remaininp unp~id 7 days after ib dw dats, ~nd • like sum sF?~II be edded to e~ch wch init~llment r~ininp vnpaid 7 day~ ~ftK
each succeediny paYment date. .
Each maka, surety and endwsar hereof, janlly ~nd stverally, waives demsnd, presentmtnt protest end notice of proteit for nonpayment, ~nd furtMr
agrees to ~ny extension of time of paymen?, cither before a after maturity, without notice to ~ny of us; and to pay aN costs of collection, intludinp a
reasonable attaney's fee in the event of any default here~nder, and hereby severally waives eli benefit of homestead and exemption undet ths constitufion
and laws of each Sbte of the United States, as agsinst this obligation w any extension a renewal hereof.
Witness the Mnd ~nd seal of esch party. , ,
IS~IOYqari 1•1 • Raulerson, .~1 • ~W
cs~?u
s R uby E. Itaulerson ~
_ ~W
' $12 .00 t Sta» Revenw
(Samp. c.nodl.d on «tyina~ no?.)
NOW, THEREFORE, tM MORTGAGOR for th~ purpos~ of securinp p~yment of s+id swn of t 8~~~ . and tl+~ paform~nw of th~
oov~nb and ayr.ema+n hereinahe. exp~eued. ~nd fw dvers yood ~nd wlwbl~ coesid~ratioos, by tMs~ presents, do~~ ynnt. barp~in, utl, r~mis~.
releaH, aonwy and confirm unto,llK AAORTGAGEE, iri svccessors and +uigm, all that cert~in lot, pi~u a pual of land, sitwt~, lyinp, ~nd b~inp in 1M
~ Saint L uc le ~~,r. of Florid., d..vib.d a, fdlaws:
i
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Lots 20~ 21 & 22, Block 3~ Revised Plat of the Tropics Subdivision as per plat
thereof on file in Plat Book 6, at page 21, of the public records of Saint Lucie
County~ Florida~?
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topeth~? with all and sinpvlar tFw tsaemenn. l~editamsnb ~od ~ppun~nces tMreunto b~lagirg w in anywise ~ppert~inirg therNO. ~r?d aIl r~nts, bsws.
proce~ds and profin .aruing snd to acvw from said prem'~ses all of wFiKh a?~ inai~;d~-~i~rtki abo+r~ and forpanp dswiptlo~ and habendwn.
TO HAVE AND TO, HOLD tM above described ~nd qr~nt~d pr«nises unto -th~ iaid MORTGAGEE, i» waessor~ and astipns forwu. Md tM aid
MORTGAGOR fa their ~;n, executors, ~dministraton +nd •ssipns, hereby cov.nann wirh rM aid MORTGAGEE, its waesson a~d +~ip~M.
they are
that lawfully teized of tFw sald premis~s in fe~ simple; thst tM aam~ an frM.. clea? ~~d diuharp~d from ~II Ikro and Mrcveo-
b~ance~ in law w in equity, and that they will and their ,~„ii wan~nt ~nd defend tM titb b th~ s+m~ to tl» aW
MORTGAGEE, ib suaeston and ~ssiyns, forewr ~y+inst tl» lawful cl+imf +nd demandt of ~II pKaom=
PROVIOED, ALWAYS that if the MORTGAGOR sh~ll p~y unto tM MORTGAGEE tM~promiuory not~ Mreinbeion d~scrib~d and sh+ll tnrty, prompHr
and fully p~rform, discMrpe. ~xecut~, complet~, comply with ~nd abide by exh u~d ~vKy tFM stipulatwiu, preerl?e~b, conditions ~nd oovenu+n of said
promiuay not~ ~nd o~ this Mwtyape, t}w~ this Morty~ye and the Esute hereby a~at~d sh~ll a~at~ and b~ null and wi~.
IT IS UNDERSTOOD that the wad "Mortp~or" wMther in the sinpubr or plw~l anyvrlwr~ io tha Mwtp+9e, ~h+ll be sirq~tu if a+~ only and
shall b~ plurat jointly N+d ~eve?ally if more than on~, and that tM word "the'v" ~s vsed ~nywh~r~ in this Nlorty+~~ ~h+ll be t~ken to rtKan "l~is,•••'Mn°
w"i»:' whe~wer th~ cont~xt w implies or admits. Alw, th~t wh.r•wr rhere is a nfereno. in *h. co+renann .~,d .yreemenn h.r~in comain.d ro •~r of
th~ paNies hereto. the ~ sMN b~ construed to mean +s w~ll ~s tM Min, by~l np?~s~r?tatives, suconson and auipm (~ither valuntary by act of th~
put'NS or involuntary by operation of the bw) of tM ~am~ and that th~ cov~n+nn Mr~in conti~ned sh+ll bir+d and the bensfib and ~dvantap~s inur~
ro tM respectiw hein, byal ~epre~entatives, suaeuaa ~nd au~gm of th~ putip her~ta
Md said Mortppors. fw them~lva snd ti+eir Fwin, lepal representativ~s, succ~uas and ~ssiyro, her~by jointly snd s~verally cov~nt and pr~e ~
to ~nd with tFM uid MQRIGAGEE, its succssson snd ~ssipm: '
:
1. To pay dl se+d sirg~la the principal and interat u~d thi various snd wndry sums of moMy paY~bl~ by virtue of taid promiswry not~. ~nd tNs ;
matya~, each and wery, pramptly on the day~ reap~ctiwly flu sart~~ s~v~rally b~can~ dut. '
2. To pay dl u+d ~irgular tM tazes. ~ssesser.ents, bvies, liabilities, obliya~iom ~nd ena+mbrances of every natur~ and kind now on said d~wib~d j
prop~rry, w tMt her~~fnr may b~ impw~d, wffer~d, plaud, levi~d, w awssed thereon, a tMt MreaNer may b~ levi~d or asass~d vpon this Mon~-
ap~, a tM 4d~b~sdn~ss s~wr~d hereby. ~ad~ ~nd ~v~ry, when dw ~nd p~y~ble. ~aardinp ro law, b~fae tl+~y become deflnq~eM. ~nd b~fon +nY GnK~st
stt~clies or any pe~alry p incurred; AND INSOFAR AS A THEREOF IS OF RKOR~ THE SAN1E SHAtI 6E PROMPTLY SATISFIEO AND DISCHARGED OF
RECORO AND THE ORIGINAL OFfIC1/1l :~OCUMENT (SUC~ AS, FOR INSTANCE, THE TAX RKEIPT OR THE SA1tSfACT10N PAPER ~OFFICIAILY ENOORSED
OR CERTIFIED) SHAII 6E PLACED IN THE HANDS OF SAID NWRTGA6EE WITHIN TEN OAYS NEXT AFTER PAYMENT; ~nd in the ~wnt th~t u+y t!K?~of b no1
paid, saY.~fied u+d d~scharqed aid MORIGAGEE may at any time pay th~ sarrr or a~y pirt thereof withovt w+ivinp a~ffeNinq u~y option, li~n, puiry or
.ipht undsr or by virtve of this morty~ and the full smount oi e~ch and every wch p+yment shall b~ imrnediat~ly dw •nd p~yable ~nd shall bear int~rat
hom the date thereof w+til paid st rate of nin~ pe~ c~ntum per annum ~nd topNhe~ with such inter~st sMll b~ s~cw~d by the lian of th:s maytap~.
~ BOOK ~ O PAGE~~64
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