HomeMy WebLinkAbout2584 ,
~ ~ ~ . . 1918(1;~
THIS INDENTURE, Mad~ th~ 24th d~y of ~'larch A.D. 1970 . betwa~n
Gilbert H. Rue and Borothy ~ue, his ~vffe1
a{ St• L.~1C1@ Counfy Fiwida, hereinaftN deiign~ted ~i the "MORTGAGOR," and FIRST fEOERA~ SAVINGS AND tOAN
ASSOCiATtON Of fORT ~iEttCE. • corpontan oryanised and exiiting ve~d~ tM liws of ths United Suqs of America and Mvinp in pri~cipal plac~ of
bu~ir?ets in th~ City of fat Pi~rca, St. luci~ Covnty, Florid~, M~einsftn dttipn~ted a~ t4+~ "MORTGAGEE."
WHEREAS ~he MORTGAGOR i. iustly indsbted to the MORiGAGEE ie the sum of = 8~~500~ OO and lawful money of ihe Un~ted
S+ates advanced by ths MORTGAGEE unto tM MORiGAGOR, as svidenced by a ccnain promiuosy nole of even date herowith, of wh~ch ths followinp in
w«ds and fig~res is a trw copy, to-wi?:
s8,500.00
16~243
Fo.~ r~.?~.. Fb.~a+. t~la.rch 24. i91~ ~
Fa value received, 1, we or either of us, promise to pay, without defalcation, to the orde~ of FIRST FEDERAI S/IVINGS AtJD lOAN ASSOCl.ATtON OF ?
FORT PIERCE at Fort Pieres, fbrida, ~he i~m of j 8 s SOO~ 0O w;th interest (rom date at tha rate of 8• 7~j{, per annum, in month~y in~talb
rt+en~s as fotlowi: i 8'S 15th d,y of :~1ay ~9 T~ snd a l;ks sum on the cwre~pondiny day of each month there- -
at~rr until the whole be fully paid. '
Each installmenf first ahall be applied in payment of the interest and then on the unpaid balance of the prinupal wm. If default is made i~ fhe
payme~t of any installmenl when dve, and such default continuei 3J days, then at the opYwn oE the holder, and without any other notice, all the ~emaining
installments shall be due and payable at once. Privilege is given ro prepay this note in whole or i~ part et any time without penahy. Neither iorebearante, ~
nor acceptance by the ~holde~ thereof after any default in any psyments hereon, shall be deeneed extens'ion. A tate payment charge of = 4~ 25 , shall be ~
added to each installment remaining unpaid 7 days afta its due date,.and a fike sum shafl be added to each such insta~lment remaining unpaid 7 dsys after
each sucteeding paymen! dete. `
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Each maker, surety and endorstr he~eof, joinily and severally, waives demand, presentment protest and ~otice of protest fw nonpayme~t, end funher '
agrees to ~ny extens~on of time of payment, either before a after matu~ity, withouf notite to any of us; and to pay all cosfs of co!lectior~, iruludiny ~
reasonable atro~ney's fee in the event of any default fierevnder,~and hereby severally waive? all benefit of homestead and exemption ~nder fhe co~stitution ?
and'laws of each State of the United States, as against this obligation w any extension or renewal hereof. -
Witness the hand and usl of each party. l
S/ Gilbert H. tzue ~U ~
cs~?u
S/ Dorothv t,. Rue
$12.75 3
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( ~ State Revenw . ~
NOW, THERfFORE, ths MORTGAGOR for the r 8 SOO_ 00 ~
pu pose of sccuring p~yment of asid svm of S ~ , ~nd tl+~ perfo?maou of th~
covananb ud agreemems hereinafter exp~essed, and for diven yood and v~lwbl~ consideratans, by these presents, does yrant, bary~in, sell, rem~se, ~
rekase, convey and confirm unto the MORiGAGEE, its wcceswrs and ~uipns, eU that certain lot, pieu or pucel of land, sitwts, lyinp, and beinp in ths +
tounty of St • L.l1Cl@ and State of Flwida, described as follows: '
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E.ots 15 and 16, Block 24, ~U:ti.A.VD GARDEVS, as per plat thereof on file in Plat Book ;
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8, page 32, Public Records of St. Lucie County, Florida~~ }
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c~'~'Pi~u! CcR~\\': _ti,:J~ j 2 7~~ Pzr:s::ar,~ r0 Cx ~'181E PERSONAL P~2`,lPEt~TIf, <
P.~.~~'~`s FOI~R.1S, Cle?k Cireuit Ceud~ 1941. 2
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as A;~:;t fot DI,NlE! N. KAIJWtES~ 1R
St luzie wty Tax Collectar '
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together wiih all ~nd tingular tM tenements, he?editamenri ar+d appurtances theramro belonginp w in anywis~ ~pperfaininy thereto, and alt ~tnb, iuws,
proceeds and profin acuuing snd to accrw hom said premiies, a!1 of whid~ ~ra 'uxluded in tht abov~ and forepan~ dpcriptan and h~bendum.
TO HAVE AND T~hea r,~ a~,~.~~a and pr~nted premises umo tM said MORTGAGEE, its waesson and assiym forevN. Md tM s~Id
MORTGAGOR fa hein, execvtors, sdministraton and asigns, hsreby cavensnn with the said MORTGAGEE, its waeswn and assipro,
~hat th°" lawfvlly seized of 1M said premis~s i~ f~t simple; tM~ ths sams ~re frM, clea~ and discharyed from ~11 licns and ~nc~nr
b:ances in law w in equity, and thst thev w~~~ their he;~s ,1„~~ w~rrant and defend th~ title ro th~ s~rrw to tM s~W
MORTGAGEE, in wcceswrs and suigru, forever ayainst the Iawful claims and demands of ~II persontt
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PROVIDED, AIWAYS that if tl+e AAORTGAGOR sh~H p~y unto tl~e AAORTGAGEE the promis~o?y ~ots her~inbefore d~scribed and shal) tn?ly, promptly
and fully pcrform, sliuhsr~e, exetute, compltte, carply wi~h and abid~ by esth and wery tFK stipulatans, ayreemenb, conditiom ~nd tovtnanq of said
promissory note sn~ of this Mwt9spe, then this Matyaye and the Estate her~by veated sFull u~s~ and be rwfl ~nd void.
IT IS UNDERSTOOD tMt the wwd "Mo?t9syor' whetAe~ in the sinyular or plural snywhere in this JNortqayt, ahall b~ sinpular if on~ only and
sMll be plur~l jointly and severalty if mw~ than one, and tMt the word "their' as ~r~ed anywhere in this Mortpaqt ;hall be t~ksn to rn~an •'his,•• •'h~n
or "irs;' wherever the context w~mplies w admits. Also, that wherever ther~ n a referenct in, the toverwnts a~d a~aeme~ts hsr~in cont~in~d to ~ny of
the p~rtia htrsto, the iame ahall be co~strved to mean is wsll ~s tiw hein, leyal rsp~resent~tives, sucpssps and auip~u (eithe~ volunury by act of tM
parfies or involunt~ry by operation of the law) of the tame ~nd that the covensnts h~rtin contained ihall bind and tM b~nafin and dv~May~s inw~
ro the retpectiw he'vs. I~qal repreuntatives, tuccessors and ~u'pns of the partits hereta
Ilnd ssid Mortpsqors, fw themstlves and th~ir Min, leyal rtpresentafivp, succe?swa and ~uignt, hereby jointly and severaliy covtnant ~nd a~r~t
?o ~nd with the said MORTGACaEE, in wuessws and augns:
1. To p~y all ~nd sin~ulK the printip~l and imerest ud the v~rious sed svndry wrm of monsy p~y~ble by virtw of s~id promissay not~, and thi~
morty~ye, each and ~very, prampHy on the days rKprctivety ~h~ ~~x ssv~rdly bscorne dve.
2. To p~y aIl ~nd sinyvt~r th~ taxes. ~:se~tanents. Iwies, li~bilities, obliQ~tiwn ~nd ~ncwnbr~nus of ~v~ry natun ~nd kind now on said d~s~rib~d
P~~nY, a tMt hereaft~r may b~ impowd. wffered. Plxed, levied, or as~sised ~he~~on, a tMt her~~ftK may b~ I~vied a asassad vpon tMs Mort¢
~yt, p tM ind~btednea sewred her~by, ~ach and ~vKy, wMn dut and paysbtt. +ocordinp to I~w, b~fort thty btcomt del'epeient, and befa~ ~ny kH~rest
sttache~ a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SARAE SHAII 6E PROMPTIY SATISFIED AND DISCMARGEa OF
RfCORD AND THE ORIGINAL OffICIAI DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfflCiAllY ENDORSEO
OR CERTIFIEd) SHAII BE PLACED ~N THE HANDS OF SAID MORiGAGEf WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eve~t thst ~ny thereof is no1
paid, sat'sfitd •nd dischar~d said AhaRTGAGEE may sf any time pay the same w any p~rt Ihereof wifhwit waiving w aftedinp amr option, liet~, puity or
•~pht u~dcr w by vinue of this mortyaye ~nd the full amo~m of esch ~nd every such p~yment sh~ll be immediately dve and payable and shap beu interest
~•om ~he da~e rhereoi unlil pa~d a~ rare of nine per «nrvm per • a ~her w~~h ivcl~ ime?eit shall be secured by the lien of th:s morptap~.
a0~ PAGF2c~0~,
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