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THIS INDINTURF, IN~d~ the 27th day of Au9~it , A.D. 19?1 between
Leo Russ and Bra Russ, his wife .
of St• L.Z1C~@ County fiuida, he~einafrsr desg~ated as the "MORTGAGOR," and ,F~R$T FEDERAI SAVINGS AND IOAN
ASSO~UTION OF fORi PIERCf, a corpo.arion wganized and ex~ir~rg unde+ ~he laws of ths United St+t~s of Americ~ and havinp in principal pl~cr of
butiMSS in the City ot Fort Pi~rce, S~. lucis County. fluida, heroinafter des~ynared as ~he "MORiGAGEE:'
WHEREAS the MORiGAGOR is justly indebted lo the MORTGAGEE in the sum of S j~L.~O~~~ . good and lawful mo~ey of tfie United
Srates advarxed by the MORTGAGEE un~o ~he MOkTGAGOR, ai evidenced by a certain promiuay rwle of even dite herewith, of whith Ihe folbwinq i~
words and fiyures is a lrus copy, fo-wit:
. i15,800.00 . 3-2~•~
Fort Pierce, flwida. _ AuC~tiSt 27~ 19 71
Fo~ value received. 1, we w ei~her of us, prom~se pto~
pay, withou~ defalcai~o~, to the orde~ of FiRST FEDERAL SAVIIYGS AND tdAN ASSOCIATtON OF
fORT PIERCE at Fort Pie~ce, fbrida, the sum of = 2 S~"~0! ~ w~th interes? irom date at the ~ate of _=:r.h per annum, in monlhly instal~
mentt as {oltows:: 133•~ _ 18t day of ~etober }q 7~ and a like sum on the correspond~np day of each month therr
airer unNl the whole be fully pafd.
Eath ~nstaliment lirst sAall be app~~ed in payment of the inte~est and then on 1he unpa~d balance of the princ~pal ~um. If default is made in tM
payment of soy instailmeM when due, and such default continues 3Q days, then at the option of the iwider, and without any other not;ce, all the remaining
~~~sr~ll,nenri shalt be d~e ~nd payable at ance. Priviiega is given to prepay this nofe in whole or in part at any tine without penalty. Neither forebearat~te,
nor acceptarxe by the holder thereof after any defauit in a~y payments hereon, shal~ be deemed e:tension. A late payment tharge of s 6~ 65 , shall bs
added Io each insta~lme~t remaining unpe,d 7 days afte~ its due date, and a f~ke sum shall be addrd to each such instaltmenf remaining unpaid 7 day~ after
each succeeding payment dare.
Eath maker, surety and endorse~ hereof, jointly and severally, waives dcmand, p.e:enrment protest and notice ol protest for nonpayment, end furthet
agreea to any extension ot nme ot payment, either betore o~ after maturety, without net~ce to an•/ of us; and to pay all costs of cotledion, inctudiny ~ i
reasonabte atrorney ~ fee in ehe eoent of any defau!? hereunde~, and hereby severally waives all benefit of homestead and exemption under the constitufan
a~~d laws of each State oi the United States, as against this obl~ga~io~ w any eatensio~ or renewal hereof.
Witness the hand and seal of euh pa~ty.
s/1.ea Ru s s ~au
(5~?U
stEra Russ ~U
S2~. cs~)
c 70 ~ srate ReveTwe
NOiN, THEREfORE, the MORTGAGOR for tht purpox of securing payment of ssid sum ol S 15 +~0 , ar?d the perfom,ance of the
covenants and agreeme~ts hereinafter expressed, and for dive~s good and valuable consideratio~s, by tl?ese p?esents, does grant, baryain, sell, remise,
reteax, conrey and toniirm unto the MORTGAGEE, its successors snd ass~gns, all that certain lot, piece or parcel of land, siruate, lyir~, and being in fhe
~~~ty ~ $t . Lue i e and S~ate of Fbrida, desuibsd as follows:
Lots 3 and 5 and the West 5 feet of vacated alley adjoining on the East, Block
14, of Sunny Acres Subdivision, No. l, as recorded in Plat Book 8, Page 25 of
the Pub2ic Records of St. Lucie County, F2orida,
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C~NS~Ail~B~~ ~1S OF
:il QCU~1:~--:. ~i':4~ ON t1AP` ' ~GJ~
c~ i- ~ ~:~j - DA1E Nt ~o ~ k C~tc~;t
~ a ~ SEP-l'7i ! '_a~~~e~ ~ 7 O=, WiIS p,;~s~ C1e~ K~:OWiES~ fR•
. O = ~ L = F~
^ ~ ~ ~o~ ~ph1E~ N•
N u L4i1.~f CEYEk1iE`.~ EF ~~CC~O~
QB-1901t2 .
~~vr0 S ~ 1e ~u;t~
jax`~~
yIv ` pEp13~ C1f~Y.
BY _I
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rogether with all snd slrgu:ar the tene~+ents, herediument~ ~nd appurtsnces therev~to belonginy w in ~nywise appertainirg thereto, and all rtntt. Iuws,
proceeds ~nd prof~n xcrving and to scuue from sa~d prem;ses, aH of which are inctuded in the above and faeQarg desaiption and habendum,
TO HAVE ANO TO HOLD the above dcscr~bed and granted premisra unto r}~e said MpRTGAGEE, itt svccesson ar~d ~ugra fortwr. Md tF» said
tt1e1Z
MORTGAGOR for heirs, executo?s, adm+n~snatws and assigns, hereby coven~ntt with the said MORTGAGfE, ib wccessors ~nd ~ssipro,
the a Ze _ Iawfull x~zcd of tF~e said
rhat ---Y y prem~ses in fee simple; that the same ue free, clesr ~nd discharped from all liens and ~ncwn~
brances in law a in equ~ry, and that they W~~~ their he;n shall w~rrant and defersd tha siiit to the same to the aaid
MORTGAGEE, iti successo~s and assgns, faever against the tawful claims and demands of ~II persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay untq the MQRTGAGEf ti~e promissory note hereinbcfore detcribed and thal! truly, p~omptly
snd fu!!y perform, d:xharge, execute, complete, comply w~~h and abide by each and every the stipulations, a9reement~, c«xl;~ia,s .nd covenu,n of said
prom;swry note snd oi this Mwtgage, then thii AAu~gsge and the Eatste hereby us+ted ihall cease and be nul) and void.
IT IS UNOERSTOOp that the wwd "Mwtg~goi' whether in the singular w plur~l anywF~e~a in this Mwt~~y~, shatl bs sinputar if oM only snd
chail be piura! joinily and sever~lly if mwe fhan one, snd tMt the wwd "their" ss used anywhere in thh Mortg~ye shall bt take~ to m~~n "his:• ••h~q••
w"iti:' whereve~ the context so impliea a admits. :Also, that wherever there is • reft?ence in the covenant~ and ~reemtnts h~rsin contain~d to ~ny of
~he pa~~ies hereto, the same shaf! be construed to me~n ~s weN ~s rhe hrirs, leyal rtpieumstives, svccessors ~nd iuigra (~ither voluMary by ~ct of th~
par~ies w invo!um~ry by operatwn of the law) of the same and that the covenants Fxrein contained shall bind u?d the benefits and advanta~es inur~
~o the respective hei~s, kyel representatives, successors and su~gns oi the part~es Mreto.
And s~id Nbrtqagor~, fa themxlves and their hein, leyat represenratives. successors and ~uigns, hereby joiMly ~nd ieverally cov~nant ~nd aq~N
ro~nd w~rh ti~e said MORTGAGEE, ns successors u+d au~gns:
1. To pay ~II and sirgul~r the principal and interest snd the vai~ous and tundry sums of morroy pay~bl~ by virtw of iaid promiuwy nofe. and this
rnwtya~e, each ~nd wery, p~amptly on the dayi respectively the same sever~lly becpne d~e.
4. To pay atl u~d s~ngular the t~xes. •s~essmenti, levies, liabiti~ies. oWiy~tio~?s and encumbnnces of twry ~afw~ and kind now on uid describ~d ~
P~oper?y, o~ that here~fter may be imposed. iufiered, pt~ced. Ievied. w assessed thereon. w t!?~t htreafta m~y b~ levied p ts~essad uppn this µprlp.
aqe, o~ tFK ind~bfedncu utv~ed hereby, tKlf 3tf~ lYKY. wAen dve and payabte, accord~ny ro taw. betor~ fhey becwr~ detinq~em, and b~fw~ ~ny intK~s~
•ttaches a~ny pena~ry is incurred; AMD INSOFAR AS ANY IHEREOF IS Of RKORD THE SAME SHAII 8E PROMPiIY SATISfIED AND OISCHARGED Of
RECORD AND THE ORIGIIv14i OiFiC~AI DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO
OR CERTIf1ED) SHAIt BE PIACED IN iNE HANDS Of SAIO MORiGAGEE WlTNlN ?EN DAYS NEXi AFTfR aAYMENI; a~d in ths event tlwt iny ~he~tol is not
pa~d, s++ sf~eE ~nd disch~ryed ss d MORTGAGEE may •t •ny ume pay the same or any part thereof wi~Fw~t waiviny w a(fectinp any option, lien, pvity p
•.aM u~da or by r~n~ of ehis moreg~ge and the fvll amovnr o~ rech •nd every such paymeM •lNII be immedi~Tely due and payabte and f6alt b~ar iM~rnt
~.om the d~~e thercof unril pa~d er ~~re ol mne pe. cen~um ann~m ~dR~og~Fj~r_vl•,th suc 1~42a11 be secured by the lien ot th:s morytay~.
aooK 95 PACE
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