HomeMy WebLinkAbout2988 2N2'~3~~ y
THtS fr:G~tvTUR~. l~.rJ~ ~iK 1$th d•,r of _ '~a~u,'y A.D. i9 72 bec~nee^
Jack A. Russell and _Carmen RussellL his wife .
o{ .St . Lucie Cov+~h~ F+arda. he~e:nafter deL~;~a?ed .di ~{~E ,•~•.^JRT.G~~^P. ° a^» s~pt• ssnc~+dt SAV••.:SS AN~ tO~~i
t+SSOCIATtON OF fORT PIERCE, • corporat~on organ~zed and er~s~inQ.~ndr~ rhe la~~f the U~ red 5_tat~i Of A:rwr.ca ac~ ttav~~y its pr~ncipal plsce vf'
o~sne» in ~Fw C~ty of Fort P~erce. SL lvcie County, Florida, heranatter oes~g~e~ed ss ~he "MORiGAGtE_'
- 1AHEREAS the MORTGAGOR n{uatty irv3eb~ed ro the MORIGAGEE in the sum of S~ go~d a~d la.+•'u! ^+o~ry o~ rt+e Un~~rd
S'ate~ a~.o::;ed by +he IA~RTGAGEE ~~nio the M~JRiGAGOR, as rv~ornced by a certam p~omissory note of e.en da~e t~ere+.~th, er .,n,ch, t4~E fo,:ow~ng i~
.+ords and i~y~~ea is a~ trut co~y~, fow~t. ~ ~ - .
: ~f27~000.00 . ?Jp 3_17.~~1
~ Fort Pierce, Florida, ~anua ry 18 ~ 19 72
for value re:e~~ey. 1. we or either of ~~s, p~om;se to pay, wi~hout de+a;crt~o~, fo tne c~de~ of FSRS? FEDERAL SAViNGS ANO LOAN ASSC~CIATION OF
; 7FT PIERCE at furt P~eice, Flo~ida, tne sum of s??l~~!.~ w.tl~ m!rrrst fro~~ daie at ~he rate o~ S°~ pe+ annum, in monthly instal~-
, ~ 20~ 0~ Ist • F'ay ,~~2 and a I~ke au:n on the c0~•es ond.r+ ~ af uch ~nw~th there-
..r^+s rs scl?o.~K~ S--- - on the o~y of P 9- Y
~ . •:I~e~ wJi: li~ wiww lrt to:i7_W.d. - . . -
Each ~nstalin~rm first shali be appiied In payment of the ir.terest and 1hrn on the unpaid balance of the p~inc pal sum_ 11 d autt ~s made in the
. _,,;ment of any initd~irnrnl ,nhen dve. err! s~ch dcfavet cont+~Les 30 days, then at the op+~~n of the ho~de~, and wirho,.•t any other not:ce, all the remain~ng
, >~a+~mems s^e;i i~ d..e ar~d payae;e ar once. Pr:~~iege is g~~en to prepay th~s nou in v.hofe or in part at any r~me wiihoUt pena:ty. Neither fo+ebearance,
r,ur acceprance by the hader thereof after any defauit in any pay~r~r~rs here.~, sFal{ be deemrd exter~s~on. A late payment charge of s_1~~20, ahati lur
ai:-d to each insialimrnt ~erna~n~ng unpa~d ~ daya afre~ its due dafe, and a~~ke sum shaii !,e addrd ~o each wch ms+a;~rnenr rema~n~ng unpa~d 7 days after
rcch succeedmg paymrnt dere. - ~
~ E.:.F~ ~~~ei.er, surety and endorser hereof, ~ointly and srvrrdily, wa~ves demand, p+esentmrnt p•otest end notice of pro!est for ~onpayment, and further
. o~~ees ~o any e,efens~or+ oi t~~.:e ol payment, ei+ne* be*e+e or a4ter matur~.y, wi~no_+ no},ce ~o an; of us; ar.d ~o pay aii cosn of coMlecr~on, ir~uvd.np •
~ •:.sor~e~~r a:romey s fee m rhe evenr oi any defa~,t bereunder, and he~eby sece*a'iy wa~~es a:: benefi: of homes!ead and eae:npt~on under the co~stitution
,~d ia.~s of each State of the Un~ted Sta'es, as a3a:nst !his obl~ganon or any earens~on or renr~nal hereof
„ W~tness the hand and seal o~ each pa+lv. -
- _ _ - __Sf
TdCjC A• PtI5Se11 tSEAI) ~
(SEAI)
s/Ca rmen Ru s s e 11 (SFAI)
-
_ . - _ - - ~s~?i) ~
- - S ~0 . S~ ) $tate Revenue
purpose of secv*ing peyn:enr of sa~d su.n of f---_ _ and ~F+e-pe*fonne~e.e ot sh~--
~ = -~ow.-rr+~a~ue, ~ICacoR-fa :r~ 27 000 00
co~enants ~nd agreemenrs he.e:nafier expreued, and ior d+vers good and valwb:~ cons+derat~ons, by these p~esems, does gront, bargain, seil, remise,
~_.rase, convey and confirm umo the MORTGAGEF, S~s wccessors and ass~gns, aTl ihat certain br, p+ece a pa!eN of iand,-sitvate, iyer~q, a~d beK+g in tAe
e ~o~y ~ St Lueie end State of Florida, describcd ~s foitows: - -
y - -
~ •
t ?~F?CEL I
F
~
g Lot 3, Block 27 of Lakewood Park, Unit 4 as zecordec in Plat Book 11, page 2 of
6
: the Public Records of St. Lu~ie County, Flozic3a,
~ .Sy,c~ .
~ A~~ ~ , .rA~ ~ , . .
~ ?ARCEL I I t - - . ~ . r.~_ . _ ..,2! _ _ . - ~
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~ Lot 26, Block 15 of LakeMrood Park, Unit 2 as recozded in Plat Book 10, page 56 nf
~
s' the Public Records of St. Lucie County, Florida,
~
~ This is a first mortgayp as to Parcel I anc' a seconc' mortgage
_ as to Parcel II being junior anc inferior only to a prior first
~4 mortgage from mortc~agors to ~ortgagee ~atec? February 3, 1466 and
: recorded ~n O.R. Book 137, page 502, Public ~ecor~?s of St. Lucie
County, F.;erida,
~
~
~
::3
c;
- rogether with all and singular the tenemen±s, hereditaments ano appurtances thereunto belwging or in a~ywise appertsining thereto, and ~II rents, issuei,
` p~oceeds and prof~ts accruing and to accrue from said premises, a!1 of which are irxluded in tFx above •nd fwegarg dcwiption and h~bendum.
TO HAVE AND TO HOID the above desaibed and granted premises unto the said MORTGAGEE, ita successors and attignt forever. And tM said
~ their
= MORTGAGOR iw he~rs, execvtws, adminis+rators and assgns, hereby covenams with the said MORTGAGEf, ils succesfas •nd suiyro,
- the a re
- rnar - Y-- lawfvtly seized of the said premists in fee simp}e; that the same are free, dear and discMryed from all Iiens ~nd encum-
~ b~dMK in law or in equiry, and that they w,;~~ a„d their heirs shali warrant and defend fhe title to the iame to the s~id
MOR?Gl+GEE, its successors and ass~gns, fwever against the lawful daims a~d demands of all perso~s;
PROVIDED, ALWAYS that if the h10RTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbetwe described and shall truly, promptly
and fully perform, d~uharge, execute, comple~e, comply with and abide by each and every the stipulations, sgrcements, condnions •nd tovenants of said
prom~ssay note and oi this Mortgaga then this Mortgage and the Estata hereby created shall ceast and be null +nd void.
IT !5 UNDERSTOOD that the wwd "Mortyagor" whether in the s~ngular or plurst anywhere in this Mortgsge, sh~lt be sinyul~r if one only ~nd
shall be plural jointly and xveraily if mae than one, and that the wwd "theii' as used anywhere in thrs Mortgsge shall be taken to me~n "his;' "hert,"
w°its," wherever the contear so implies w admirs. Also, that wherever there is a reference in the covenants and agreemems herein containsd to ~ny o1
~ the part~es herete, the same shall be construed to mesn as well as the heirs, legal representatives, successws and assigns (either voluntary by ~ct of the
= parties or involuntary by operation of the law) of the same and that the covenants here+n contained shall bind •nd the beneffts and advanta9es inure
~o the respettive heirs, legal representatives, successws and as~ gns of the parties hereto.
And said Mortgsgors. fo. themselves and their heirs, legal ~epresematives, successo+s and ass~gns, hcreby ;ointly and severally covenant and ~yree
: i to and with the said MOkiGAGEE, its successo~s arx! assigrx:
' 1. To pay all and sing~lar tne prirxipal and interest and the variovs and sundry sums of money peyable by virtue of said promissory note, and this
mortgage, each •nd every, promprly on the days respettively the same xvsrally become due.
2. To pay ~II and •ingule~ the t~,ees, assessments, levies, liabilities, obligations and encumbrantes of every narure and kind now oo •aid described
property, o~ ihat hereafter may be imposed, suffered, placed, levied, or ~ssessed thereon, p that hereafter may be levied a assessed upon thi~ Morty-
a9e, w the indebtedness secu~ed he~eby, each and every, whe~ dve ~nd payable, eccadiny to law, befae they bccome delinquent, and before sny int~reit
- atiaches w any penalty is incu~red; AND INSOfAR AS ANY THEREOf IS OF RKORD iHE SAME SHAtI BE PROMPTLY SATISfIED AND DISCHARGED OF
= V.ECORp ANU THE ORIGItrAI OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIV~ OR TIiE SATISfACTION ~APER OfFICIALIY ENOORSED
OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAVMENT; and in the event that any thereof is not
pa.d, sa~ sfied and d~scha~ged sa d MORTGAGEE may sr any ~~me pay fhe sam. o~ any part ~hereof w~thout waiving or affecting any opt~on, lien, equ~ty a
~ •+qhr vnder w by v~rrue of rh~s mo~rgage and ~he full amo~m of each a~d every s~ch paym.tn! shal: be +:r+med~atety d~e and p~y~o~e snd s~ei~ ix:: >....:r_!
~.om the date thereof ~ntii pa.d a~ rare of n~ne per centum per annum and togerhe~ wnh s~~ ~t ~ I be se ~ e lien of th s mqytage. ^
~ ~ ~.x~ r~~r~ ~
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