HomeMy WebLinkAbout1780 2155'~'9 ~
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THIS iN0EN7URE, Mad~ tM ~ at d~y of Septersber . A.D. 19___~.,• berwNn
_ Jamea Rusao and Adale Rysso. hia xiP~_
o~ .Sti• L11C~9 C~nty Flaids, Mreinafter designsted as the "MORTGAGOR," and fIRST FEOERAI SAVINGS ANp IOAN
ASSOCIATION Of fORT PIERCE, • corpwation agsni:ed snd ax~sTiny u~der the laws oi the Un~ted Sutos of Americ~ a~d Mvinp its p~incipal piac~ of c
buu~ess in ths City of Fwt Pi~res, St. Lvci~ County, Florid~~ hereinaftar desipnarad as th~ "MORTGAGEE." t
WHEREAS tM MORTGAGOR is ustl i~debted to ths MORTGAGEE in the sum of = ~ 9~~~~ j
i y' gooct a~d lawiul money oi Ihe Un~tcd f
States advanced by the MORTGAGEE unto the MORiGAGOR, as evidcnced by a certain• promisswy note of even date furewith, of whith the iollowinp in
s ~ Qiu~~iytir4t it a trve copy, to-wit:
7 ~~~•0O 3-17.361
No-
iort Pierce. Florida. - ~~~m~r ~ .r19~
Fa val~a received, l, we a eifher of us, prom~ts~e to pay, without defalcation, to iM: order of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at Fat Pi rce, fiorida, the sum of s_.__I~~~~ w~th interesi Irom data at the rate ol 1~1.~°~o pe~ an~um, in monthly instalb
ments as iol!ows: S-~ on the st day of J~~~ 19_72 _ and a like sum on the correspond~ng day of each month tAero-
afrer until the whole be fully paid.
Each instaliment fir~t shail be apptied in payment of the interest and thrn on 1he unpa~d balance oF the prinupal sum. If ~d«feult i~ made in ~he
payme~t of any inatatiment when due, and such defauh conti~ues 30 days, then at the option of ~he hofder, and v~ithout any ofher notice, all the remi4~inp
msrallmenta shall bc due and payab~e at once. Priv~lege is givrn ?o prepay this note in whole o? in part at aoy time without penalty. Neit~r Iqcbearaate,
nor acceptance by the hoider thereof afrer any defeult in any payments hereon, shalt be deemed exrens+on. A late payment charge of S shall be
added to ~ach instaliment .emaining unpa~d 7 days after its due date, snd a I~ke sum shall be addrd to each such instattment remaining unpaid 7 days atter
each s~cceeding payment date:
Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and not~ce of protest for no»payment, snd furihe~
ag~ees to sny extens~on of ti~ne of payment, either betore o~ aiter maturity, without no~~ce to any o( us; and to pay a1S costs of collection, includ~r~ •
reasonable attorney's fee in the evenl of any default hereundr~, and hereby severally waives alt 6ene(it of homestead and exemptiori under the constitution
and laws of each State of the United Srotes, as against thls obGgation p any ex~ension o~ renewal hereof.
4Yif~ess the hand artd seal oI each party.
B~ J8~qB3 ~1380 ~AU
(SEAU
s Adele Russo ~U
( .~29~25 j Sfate Revenue ~ «U
(6~w~-+Ma~l l~i rw ~w:g~wsF,~.~~
~ 9 5~ o0
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S ~ • , and the perfwmance of tl?~
covenants and agreementa hereinafter expressed, and ~w divers good and veluabte considerateons, by these presents, does grant, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its succeasors a~d auigns, all that certain tot, piece o~ pucel of land, situate, lying, and being in tM '
Covnty of $t.. 111C~A , and Stare of Florida, desu~bed ~s foltows:
Lot 11, ffixk 1t72, PORT ST. I,UCIE, SECTION 26, ~
as per plat thereof on Pfle in Plat Hook 14,
Pa~e of the Public Records of St. Lucie County,
Florida, ?
RECEIYFD ~-c~-~_~ _ IN MI'!IdENT OF Tll~
DUE OM CtASS ~C IMUr1G~eLE rf~st,: LL PzO.~[Rt~
MlRSl:AYT TO CHAPT'R 2~7'!', AC;S OF 1941.
~
DSOC ~~TQ ~ r- U~ I U Q ~ER POITRAS, Cle?k Circu~t Caurt '
~ ~~STqM~ X ~s Iljent for DANIEL M. KNOWIES~ JR ~
~ U = sEPi~7i -y s - St t~e
y ~ a--- 3 2 ~ CNUKy Tu CelledocG~
LLii.M QEYE[rE 2 5';
P.B.~eo~~: = 8r r
~
DEPil~Y C~.EI~I(
together with all and singulu the tenements, hered~?amenb and appunances thereuMO belonging or in anywiu appertaininp thereto. ~nd all r~nri, issws,
p~oceeds and p~ofits accruing snd to accrue from said premixs, all of which are included in the above •nd fueyoiny deacription and habendum.
?O HAVE AND TO HOID the above described and granted premises unto tfie said MpRTGAGEE, it~ iuccessors u+d ~uigns forevK. Md tlw wid
MORTGAGOR for --~ir heirs, e:ecutws, administrators and assigns, hereby covenants with the said MORTGAGfE, its successwa u~d ~tsipru,
~hat lawfully se~zed of the said premises in fee simplr, ~hat the same are free, ckrr ar+d dischar~ed from atl Iiens ~nd arcvm~
branees in law a in equity, and that t'~y will and their F~ein shail warnM and defend the title to the ~ame to tM ~aid
h10RTGAGEE, its tuccessws and assigns, (wever against the Iswful cla~ms and demands of al{ perso~s;
PROVIDED, AIWAYS that if the MORTGAGOR shall psy umo the MORTGAGEE the prom~uwy note hrreinbefore described ~nd thall iruly, promptly
and fully pe?form, d~uherge, execute, complete, comply with ~nd abide by each and every fhe stipuiations, ayreeme,~ti, ca~ditions a~d tovtnanri of aaid
promissory note ~nd of this Mortgsge, .the~ thi~ Mortgage and the: fstate hereby created shali ce~u and be nvll ~nd void.
IT IS UNDERSTOOp tMt the wwd "Mwlgsgor" whethe? in the singular w plunl a~ywhere in this Matpa~t, shsll be sin~ula~ if ont only ~nd ~
shall be plur~l jointly and severa(ly if more th~n one, snd that the wwd "their" as used anywhere in this htortppe shall b~ taken to mean "his,•• "l~n•• ~ii
ar °irs,° whereve~ tbe contexi so implies or admi~s. Also, that wherever there is • reference in the covenants ~nd a9reemenb herein contain~d ro~ny of ' I
ihe parties hereto, the ume shall be construed to mean as well ss the heirs, legal representatives, successors ~nd ~ui9ro (either voluntary by ac1 of th~
parties w i~volumary by opera~'an of the Iawj of tiu same and that the covenams hcrein contained shaU bind ,nd iM benef~n and .dv~fayea inw•
ro the respective heiri, ley+l repreuntitives, sutceston snd as~~gns of the parties hereto.
And said Mortgsgors. fa themselves ~r+d their hei~t, legal representativd, succeitors and auigns, hereby jointly and s~v~tally tovtnanf and apr~e
ro ~nd with the said MORTGAGEE, i» successas and assigns:
1. To pay ~11 and sinyular thc principal and i~rerest and the variouf and sundry sums o! money pay~bls by viitw of said p~omityory npt~, ~nd this
n+ortyaye, each and every, promptly on the days respectively the same sev~rally become d~e.
2. To pay all and ~irgulsr the taxes. asseismenti, kviei. liabili~~es, obl~gatioro and encvmbrae~ces of svery natur~ and kind raw on s~id dacr~d
property, p that hereafier msy be imposed, iuffered, p(~ced, tevied, w suessed theieo~, or thaf he~~after may be levied a pse~sed vpon thy Mpfp-
~g~, or tl~ frdebtedneu secu~ed hereby, exh and every, when due a~d payable, accwdirq to law. beiwe tMy become delinq~ent, and b~fw~ ~ny intKn~
attaches w•ny penatty is irxv~red; AND INSOFAR AS ANV THEREOf IS Of RKORO TNE SAME SHAII 8E PROMPTIY SATISflEO ANO OISCHARGEO Of
RECORD AND THE ORIGfNAI OFFtC1Al DOCUMENI (SUCH AS, FOR INSTAMCE, THE TAX RECEIPT OR TNE SATISFACTION PApER OfFICIAIIY ENDORSED
OR CERTIFIED) SHAIt sE PtACEO IN THE HANUS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFIER PAYMENT; ~nd in the svent thal ~ny therwf h no/
pa~d, sat'slied •nd discharged sa:d MORTGAGEE mey a~ any t~me pay the s~me w any p~rt thereof without waivi~g or a{fettinp tny option, lien, ~qvify p ~
•~pht under w by virtue oi this mortgage and the full amount of eath and every such payment shall be imm.edi~tely due and payable and shall bsa~ interest
~r~ the date Ihereof u~til pa~d a? ~ate of mne pe~ centum per snnum a~d together w~th iuch interest fhall be secured by the lien of th:s r.wry~pe.
aooK195 ~~~Ei77~ ~
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