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THIS INDENiURE, Msde thc lst day of _ '-~riC ~ A.D. 19
between
Theodore B. Russell and Marfl~et L-,~~s~~l~iQ ~;fo
of WCle Co~nfy Flor~da, here:nafter des~3nared ~s tha "MORTGAGOR," and FIRST F~DERAI SAVINGS AND IOAN
ASSOCIA710N OF FORT PIERCE, a rn?porat~on organized and ex~s~u~g undrr the laws of the Un,ted Statos of Amerita and having iti principal place of
business in tF» City of f6rt Pi~~ce, St, CuCie County, flor~da, hrreioafrer de~~gnat~d as fhe "h`.URJGAGEE:' ~
WHEREAS ths MORTGAG'JR is justly indebted to the MORTGAGfE in thc svm of S.- 7_~
5~!
~ gcod and lawful money of the United
Stafes idvanced by thp MORiGAGEE unro the MORIGAGOR, as ev~c~~nc_d by a cert~;n pro:n:uor~ note of even date herewith, of wh:ch ~he folfowin9 in
words a~d fgurei is a true copy, ~o~wit: ' ~ ,
= 7~ 500. 00 16 ~ 344
~ ' Jut~e 1 70
Fort Plerce, floiida. 19
~ Pa velue received, 1, we or e~~her of us, rom;se to '
` p pay, without deia carion. to the order of F!R$T FEDERA~ SAVINGS AND LOAN ASS~CIATION OF
1~ FORT PIERCE at Fort Pierce, Florida, ~hc sum of S_?i..5~~--~ N,.t6 in~efesr trqm date at the rate oi$a~~ o per anr.~m, in t~onthly instell- ~
~ ments as folbws: S 71 on thz lsth day of __Ju lY 19 a:xi a like sum on the co~respond~ng day of tach moNh thara- ?
af~N unril rhe whole be fully p~a~d. i
Eath insta{lnxnt iirst shatl be apptird in oa~rnrnt of rl~e ~+~re~~>i o::d rh,n :.~t :>,e u•~p:a d ba•.ante of !he princ ~al ~um. If oefault is msde in ihe ~
~ payment of any installmeM when dua, and w,l~ daiault tontin~es 3~ d~ys, ~h:,n at +i~: o;:t:~n ;,f t}~e hu,d~r, and withou! any cti~er nof~:a, all 1hC remaining ~
installmenta shall be due artd payabie at c~,ce. Pr~w;ege is fl~ven ro prepay i~is nct~ +n ~vho:e or ~n p:~rt at any t;~ne w;thout F~ar.alty. Nq~lher forobearante,
nor atteptance by the ho:der the~eof afte~ any defau~t ~n any paymenrs hcreon, shafl ~ dea:r~ed rxt;,~s~on. A Iare payment charge of ~ 3~55 shall bs
added to tach instalfinent remain~ng unpa,d 7 days afier ifs due date, and a~~ke sw~~ sh.~!; tk: adcad to ea;h such instal~mant remaining unpaid 7 dayl aRer
~ each tutceeding paYn:ero date.
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~ Eaeh maker, svrety end endcrser hereof, jointly a:~d sive~a;ty, .,,a,ves de- ,~,d p•c-s~r r:~_.+r p.o±.~sr a~,d r.o!;ce of protes! fw nonpayment, and further
egrees to any extens~on of time of payment, eithrr baicre er attrr ~natunty, v.•~:saut ~.;c ro any of us; and to pa{ all tosts of coilection, inciuding a
~easonabk attorney's fee in the Qvrn~ of 5ny d2t8UI1 herevnd.r, a~d he:.•by sc..-ra.,y r:e.:._•s a:i be,..:f,t o; !~~~mrs'ead and exemption ~nder the cOastitutioa
and iaws of each Srare oF the !lnired S~ares, as aga;nst this obbgation or any estars~~r. er r~r.cv,si hcreof.
~ Witness the har.d and seal of eacfi party-
a /sl The4dore B. ~tusse~i ~Aq
~ (SEJ?t)
t /s/ Maraaret L. Russell ~ t
j S~i.aS
~ ) State Revenue «u
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NOW, THEREiORE, the A110RTGAGOR for the purFose af securinj payment of sa~(J S'1T of S 7~~~~~~ a~d the perfwma~ce pf ths
coven~nts and agreements hereinaf?er expressed, and For di~ers good a:~d va~~ab;e rcns~deras~ons, by these presents, does grant, bargain, ull, remiae,
release, conrey and conf~rm ~~nto the MORTGAGEE, its successors and ass~9ns, r:: ihat cerfa~n iot, piece or parcel of land, situate, lying, and being in fhe
County of $t. Lueie and Stata of F~erida, des:r~bed as foftows:
Lot 9, RIO VISTA~ as gez plat thereof recorded in Plat
Book 9~ page 6~ Public Records of St. Lucie County,
Florida~/~
R~E~ _ a v
D!!E OM C(AS~ 'C INTANG Lel E PERSCN~I~ PRO T~S
- PURStbq(~
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; : : `~i- ~ n' . - ~ , , _ ' ROG~R POITRAS~e~
k ~crs oF isai
- ` ' Court
~ F- Gt)::L':1~r:.l~;T~±~^.,.-`Si;:;.;'r~ tt.t ~ ABP.lIt b
~ z - . ~ ~ ~ANIEL N !(Ft
~ - .,,:~it-~ ~ _ St lucie ~R
° - ".~f=~ I I 2 5= Counri Tax Co~~ecta
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~ cetisp~ao~~Ea ~ - BY ~rne r c~1
P.B. ~9~1J8 ~ Loat9~ ~ . y
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tog~ther with •I! and singular the tenements, hereditamenb and appurtancea thereumo beloRging w in anywise appertaini~+y thsteto, and al! r~nb, isswa,
proceeds snd profits atuuing antl to sccrue from said premises, all of whi~h are included in the above and forega~g description snd habMd~wn.
TO HAVE AND TO HOID the above destiibed and granted premises unto the ssid MORTGAGEE, iri sirccessors and aui~ns fwever. Md tM said
AAORTGAGOR for th~~ r--- txirs, executors, administratws and ass~gns, hereby covenants with ihe said MORiGAGfE, its suocessws and as~ipry,
that lawfull seized of the sa;d d
they 8ZQ y pr~m;~ fee simFle; that the same aro free, clear and d~schar~eed f~o~m a!I liaa u~d arcum- ~
brsntes in law ot in equity, and that they w~~~ a~ their y~irs shall warrant snd defend the titls ro tha same to 11u said
MORTGAGEE, its sutteuon and auigns, fwever against the lawful claims a~d dem~nds of all persons; {
PROVIDED, ALWAYS ti?at if ihe MORTGAGOR shatl pay unto the MORTGAGEE tha promissory note hereinbefw~• destribed and sMll truly, p?omptfy
and fully perform, discharge, execute, compkte, compiy with a~ ab~de by each and every rhe stipulations, agreementa, tonditio~s and covenanri of said i
promissory rate and of this Mortgnge, then this Mwtgage and the Estate hereby created shall cease and be null s~d void.
IT IS UNDERSTOOD that the word "Mortgagor" whe~her in the s~nguiar or plural anywhere in this Mortgage, shsl) be sinyulsr if one only and
th~ll bt piursl joinlly and uverally if more thsn one, and that the ~vad "their" as used anywhere in this Mwtgage shall be t~ken to mesn "his," "hen,"
or "Ffs," wherevd the ~entext so impl~es w admits. Alw, that wherever there is a ~eference in the covenants and agreemenri herei~ co~tairnd to aM of
th~ p~rties hereto, the`~me sMll be construed to mean as well ss the heirs, kgal representativsi, successon and auigns (sither volvntsry by W of tf~t
parti~s or involuntary by operation of the taw) of the same ar~d rhaf the covenanrs herein contained shall bind snd the ber~efits snd adv~nfa9N &~w~
~0 1he ?espective txirs, kgal ~epretentatives, tuccesson and ass~qns of the parties {xreto.
Md said Nlwtgsgon, fw thertuelves and their heirs, legal representatives, zuccessors and assigns, he~eby jointly and severally covs~aM ~nd ayrse
W snd with the said MORTGAGEE, its svccasors and auig?n:
l. To pay ~N end sing~lar the principal and i~terest and the var~ous and aundry sums of money psyable by virtue of said promitsay note, and ti~is
morl4~e, each and every, prompNy on tiie days respectively the same xverally become dve.
2. To pay all and singvlar ~he taxes, asse:sme~ts, levies, lisbilities, obligatans and erx~mbr~nces of every nature and kind now on tsid dascriMd
property, or tFwt hereahet may be impoted, wffered. Piated, tevied, or auessed thereon, or that heresfter may be Ievied o? as~ea~~d vpon Nds Mprfp.
sye, or tfr indebtadness secured hereby each ~nd every, wMen dve ~nd paysbte, according to law, before they become delinquent, and befo~e a~y inNrast
aftathes w a~y penalfy is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPiLY SATISFIEO A:VD OtSCHARGfp QF
RKORD AtVD THf ORIGINAL OFFIt1A1 DOGIMENT (SUCH A5, WR INSTANCE, THE TAX RECEIPI OR TNE SATISfACT10N PAPER OffICIAIIY ENDORSEp
OR CERTIFIED) SHAII BE PLACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXt AFTER PAYMENT; and in the event thst a~y tl~eof is ~w1
paid, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving w affetliny u?y option, lien, ~quity p
~iqht under w by virtve of this mortgage and the fulf amount of cach and every such payment shall be immediately due and payabk and ihall beu interest
frpn fhe date thereof until paid at rate of nine per centum per annum and together w~th such inle~ett sf~all be secured by 1he lien o( th:s mwytape. ~
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gooKi84 ~~~797
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