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HomeMy WebLinkAbout2555 ~ 2304'74, THIS IN~ENTURE. AMd~ ih~ 23 rd ~y ~ MsY ~ - ,~,p. 19 72 p~~,,,,~„~ Honer D. Rutherford and Marie Rutherfoi~,,,his wife of ~,j- L-LC3e ~~~y F~;~, ~~in~hM d~siyear~d ~s tM "N10RTGAGOR." snd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FOR? PIERCE. • cwpa~tion orpu~ed and ~xwtinp u~ tM laws of tM Unit~d Satis of MNriu and Mvinp iri prioclpal pl~ca of bu~t~ in th~ City of FaA Piaa. St. luci~ Cow?ty. Flafd~. Iwrtinaha dnipr+a»d u rM MORi~'~~' E." WHfREAS tM 11AORTGJIGOR Is ~atly ir~bt~d w tM MORTGAGEE in tM sum of i 1Q~"""•~ , yood ae~d I~wful ma»y of ~hs Un~ted States ~dv~nc~d by the MORTGAGEE unto th~ MORTGAGOR, as ~videnced by • osrt~in promiuwy nott of ~v~n daM Mrwvitb, of which th~ followiry in word~ and fiywa b a trw copy, to-wit: . ~ 10,000.00 ~,~,3-18~399 fwt Pi~ra. Flaid+~. ~y 23 Iq ~72 For valw ~~uiwd, w~ or eitha of us, , ~ hout d~f•Ic~rioe, ro~M wda of FtRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt PiKC~, Fbrid~, the wm of~~~~~~ with intK~st from dau at tM rat~ of 7'~% pK ~nnum, in moMhly install- ments ai foitows: S 95•~ ~ 1M lSt ~y of .)111Y _ 19 72 aed a lilc~ wm on ths carespw~dinp day of ~xh month ti+Kr efter until ths whol~ be fully paid. Each installrnent first sMll be applied in paymen~ of th~ intNe~t +nd thee~ on tM unpaid Ml~nce of the princip~l sum. If d~uh is msd~ in tM paYment of any insqllment when due. and such dehuh continues 3~ d~ya, then af /M option of tIw holder, ~~d without ~ey othx notice, all the rsmainirg installments sMll be dw and payable a1 once. Privikye is ~ivea ro pr~Y this not~ in wlwl~ w in parf at any tiene withouf peniNy. NeitMr for~b~arMp, nor ~cceptsncs by the holde~ Ihereof afta any defwtt in ~ny paymenta hereon, thall bt dsemsd e~ctemion. A lat~ paymee?t ch+r~e of i 4~75 ~ added to eacF~ insullment rem~ininy ~np~~d 7 dayt after in dw da1e, and • like sum iMll be ~dded b esch s~th init+llmeet rem~ininp unpaid 7 days ~her each sucteedirg p~ymenl date. E~ch mak~r, sur~ry ~ed ~ndorser hKwf, ioi~ty ~nd sev~rally, waives demand, presentrnent protest and norios of praest fw eanp~yment, ~nd fvnher agreas ro eny axteniion of tims of piyment, either befm~ or after maturity, without ~otice to aey of us; ~nd to pay ell cosb of collection, Incl~di~p a reasonabk sttorney'~ fee in tFa evtnt of any defwh htreunder, a~d hereby severally w+ives all be~efN of homestead ~nd exemptia~ under tlw caatitulion and laws of each Sfate of tM United States, as agairot this obligatioe w iny sxtN?sion or reMwal herwf. Witness the hand ~nd ss~s! of each party. .ent~-c . ~„u 's omer t er o ~u . cs~w s r e Rut erford ~ c 1 S•~ 1 St~t~ Revenw -t~twnp~ or+aM~d ar eAq~+.t-no,.) 10 000. 00 NOW, THEREFORE, th~ MORTGAGOR fw tM purpos~ of secvrinq payment of said wm of ~ ~ and th~ p~rform~nc~ of th~ covenants a~d ~pntmenb hereinafter expreued. and for divKS qood u~d'v~lvablt tonitder~tio~s, by tF~ presants, do~s pranl, b~rpsin, sell, remise, ,elesa~ conw and confirn! uow tM MORTGAGEE, its wcces~ws u~d ~ssipns, ~!I tMt nrtaio fw, p'~ea or pual of land, situat~, (yirg, ud btinp in th~ ~~ry ~ ~t • L11C 1@ and Stat~ of Fbrid~, d~suibd ~s follows: Lot 18, Block 160, Unit 12, LAI~WOOD PARK SUBDIVISION, as per plat thereof on file in Plat Book 11, pages 26A and 26B, of the Public Reeozds of St. Lucie County, Rlorida, nr ~1-U~ILT X ~ `'A ~ t ov ~Tl.+hl~: w rU'fE~~TA3~,,.;,,, _ . O G M N?W1l11'~~ r t~~ ~ • n ' D a Z ' nA 1,~ , ~ u~_ ~ INTAN6 PERSOYAL > _ r1 4:. - ~ pIE,,,O,.,N• ~a ~ ~ ~ l1~TS ~~`c 1~ U 64~~.0~ RE'.Eh'._~i y~"'.. ~ Q~(~~. ~ N Pg.~9oi~2 CIitCUli Cd1R1. S(. LUC~E ~ . I roqNh~r with all and sinpular tl+~ renarn~nn, htredirarnents u~d sppwtancn tMrevnto bek~pirg a tn anywitn~ appart~inin~ that~b, and d) r~nb, hsws, ' proceed~ and pofin ~cwi~p and ro accrw from iaid pri.~.::::. z! ar!~!s ase ~!~!~!d 4~ abow and forpoinp dacription and habu~dum. ' TO HAVE Mlp~iO !lOLD the slww dacrib~d ~nd r~nted zrieir v w«~~..s ~„ro ri+...w ns woon.or. «+d .ssr~~s ~«.w.. ~ rh. s.~d MORTGAGOR for h~in, ~xecuton, adminbtr~tors and ~uipm, iwrtby coven~nts with tM said MORiGAGEE, its wa~swn and aaipn~, rhat --~~'a~2 lawfully s~iud of tM wid premis~s in fN simpl~; th~t th~ s~m an frN, dwr and disd~arpad iran aN li~ns and ~ncurt~ b..nc.. in ~.r? o. in equity, a~d th.. they M,;n .~a thei r ~+.u w....nr «~d d.t.na rh. ~nle a d+. wn. a tt» ,.w MORTGAGfE, ib succeswn and auipns, fa~wr sp~kaf tFw lawful dairm Md dan++nds of ~11 pKwro; PROVlDED, ALWAYS thst ff t!w MORTGAGOIt ~hall pay unto the MORTGAGEE tlw promiuory eot~ I~u~inb~fa~ d~wib~d snd ~h+ll truly, promptfp +nd fullr pKfonn. d~sduryr. ~xea,t~, compbte, cornplY wirh ~nd abde by ~ad~ ~nd every tlr stipulations. +prMenents, wnd'niom and oovsiwnb of ~aid promiuory rwt~ ~nd oi Mia Mwt~aq~, d~en this Matyap~ and th~ &tat~ b~reby a~atad sh~ll aas~ and b~ null ~nd roid. IT IS UNCfRSTOOD tlut the ,~o.d ••~o.rpwo?" ~rt»+r~. o. dw.i s~ r~a. Mo.roa~.. .h.u e. .~a? ~ w» o~y .~d , ~hall b~ plwal jointly ~nd t~vKdly if mon than one, and th~t th~ word "theb"' u w~d aehrvrlw~ in thia Mwqay~ sh~ll b~ tak~n ro mesn "his," "h~n;' w'its.' wMr~ver th~ wm~xt so impti~s w admits. Alw, rlut wh~rewr thera b a ref~renn b th~ oownams.and ~~mnb iwr~in oomaierd to ~y of tM parties h~reto, tM wnK shall b~ cautrved to mean a vwll a tM Min, byal r~pr~sant~tivN, woc~uas and auipns (~itMr vdwnary by ~ct of th~ parti~s a involuntary by opa~tioe of ths law) of th~ ssew and tf»t tM coven~nb h~r~in cont~in~d shall bind and th~ benefi» and advantap~s irnx~ to Hw r~sp~ctiw hein. Ipal nPreaeraafiws, succeswn +nd ats%Sp~s of th~ parti~s Iwreta Md ssid Mortppws, fo. tFwnsdves and th~'a heirs, lay+! representatiws, wccasiors ~nd auipns, her~by jointly ~nd swa~lly cov~nt a~d prN to ~nd with th~ said MORTGAGEE, iq wcctuo~s ud auip~s: I' 1. To py all aed sinp~rla~ th~ principal and intaest and th~ vuian and ~undry wms of mo~ey payabl~ by vktw of said I ^wrt~Dt• wch and twry. WanPi~Y on t)» d,~In n+P~~~~Y tM s+nw ~swrdly b~tan~ dut. a°~^'~N nole, md H~b I ~ 2 To pay atl and sinyvl~r the ta:es, assaumnb. Iwiea, liabilities. oblgatiom and snwrnbranca af ~wry nstur~ and ki~d naw on said dacr~d 4 prop~rty. a tMt h~re~ha may b~ impoad, wffa~d. P~+c~d. Iwiad, o~ ~swss~d N~e?~on, or tfwt Iwnaft~r nwy b~ kvi~d a as~wd upon tl~Y Mor~ ps, a th~ indsbudn~as sacw~d hereby, sach and tw+Y, wiwo dw snd payiWe, aaordiig to law, Mfon tFwy bacom~ d~linqwnt, and b~fon ary IMUat att+clws w any penalty is incwred; AND INSOFAR AS ANY ?NEREOf IS OF RKORO THE SAME SHAII !E PROAMTIY SATISFIEO AND DISCHARGEp OF RKOR~ AND THE ORIGINAL OFFICIAL DOCWNENT (5(1CH AS, fOR INSTANCF, THE TAX RKEIPT OR THF SJITISFACTlON PAPfR OfFIC1AlLY ENDORSED OR CERIlFIfD) SHAII 6E PIACED IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT= ~nd in fh~ ~v~nt tMt any tMr~of ii no1 I paid, saCsfi~d +nd dixha~~ed s~:d MORTGAGEE may at any fime pay th~ same a any pa~t thereof without waivinp a aff~crinp ~ny option, lien, pvity w •pht under a by virtw of this morrysye and tlx fvll amount of e~ch and every wch p~ym~nt shall b~ imm~diately dw ~nd payable and shall bw intKat ~rom tl+~ date th~rwf vntil paid at rate of nine per untum pK arvwm u+d ropdher w~th such intNHl {h~ll b! sKu~d lien of th:s morytay~. I~ ~ ~e~ SOtK?J(~.V~, PA~F2~~Jil - - - - - - - - - - ~