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Home My WebLink About2679 ~325~~ • . TMIS INDENTURE, Msd~ the 2~h day of J~e A.D. 19_L, between Llo~d N. Sutterfiela and Barbara A. S~tterfisld, his xiY'e of St. Lucie C~nty Ftorid~, hareinafter designated as the "MORTGAGOR;' ~nd FIRST FEOERAI SAVINGS ANU IOAN ASSpGAT10N OF FORT PIERCE, a mrporat~on organi:ed and exiiting unde. the laws of th~ Uni~ed Sta~a of America +nd Mvinp its principal pl~c~ of buslneu in tM Gity o( fort PiHCe, St, lucie Couoty, Rorida, hereinailer des~pna~ed at tM '"MORiGAGfE." WHEREAS tM MORTGAGOR is juitly indebted to Ihe MORTGAGEE in the sum of i 2~J~~•~ . good +nd lawful money of the Un~ted Sta?es advsnced by ~he MORTGAGEE unto the MORTGAGOR, a~ evide~czd by a certain promiuay note of even date herew~th, of wh~ch the followiny in word~ and figure~ is a trw copy, to-wit: s 2T.000~ . 3-18,5~ ~ Fort Pierc~. Flw;da. JuI19 Lg 19_~~ fw value received, 1, we or either of us, prom~x to pay, without defaltation, to the order of FIRST fEDERAt SAVINGS AND lOAN ASSOCIATION OF fORi PIERCE at Fwt Pierca, flo~ida, the sum of S- ~7t-~~•~ with interest Irom date at the rate of7~~ °b pe~ ann~m, io monthly install- •~ents as Io!!ows: Z 2~•~ _ on the ~ St'_ day of ALl~ust , 19 7~ and a like sum o~ the c«respond~ng day of each month therr ~ aher until the whole be (ully paid. Each installment (irst shall be appl~ed in payme~t of the inrerest and rhen on the unpaid balance of the princ~pa! surr.. ?f d+ult is made in the F ayrnent of any installment when dve, and such default continues 30 days, lhen at fhe optio~ of the holde?, and without any ofha notice, a1{ the ~emaining ~~srallmcnts shatl be due and payable at once. Pr;vilege is given to p?cpay lhii note in whole w in part st sny time without penatfy. Neither torebearance, ~~or acceptance by the holder thereof afte~ any default in a~y payments hareon, sfiall be decmed extension. A tate paymcnt charqe of , shaU be .,dded to each insfallm¢nf remaining unpa'rd 7 days after its due date, and a like sum shall be added to each such installment remain'Mg unpaid 7 days after each succeeding payrr,eN datl. Each maker, surety and endorser hereof, jointty and uverally, wa~ves demand, presentment protest and notice of proteat 1w nonpayment, aod furtFxr a~rees to any eatensio~ of time of payment, either be(ore a after maturify, without not~ce to any of us; and to pay all tosts of tollection, including a .~.~sonable a~toiney's fee in the even? of any default he~eunder, ar+d hereby severally wai~es all be~efit of homestead and exemption unde~ the constitutan d laws of each Stare of the U~~ted States, as aga~~st this obliga~ion or any extensioo w renew~t hereof. Wi:ness the hand and u~l of each party. s/ Llayd N. Sutterfield ~~i~ (SEAI) s/ Barbara A. Sutterfield (SEAL) 1 State Revenue ~U ..;c~w~aau~~lrila~•a+~t~+ws) NOW, THEREfORE, the MORTGAGOR fw the pu?pox of securing p~yment of said sum of i 2?~~~~~ and the pe~formarxe of tM covenants and agreements hereinafter eapreued, and fw divers good u+d valuable con~ider:tions~ by these presents, does grant, ber9ain, sell, rem;se, retease, convey and confirm unto the MORtGAGEE, its successors and suigns, all thst certain lot, piece w parcel of Isnd, situate, lying, ~nd being in fhe iJV~fy of $t• ~llCi@ snd Stste of Fbrida, dewibed as follows: Lot 5, Block 15, SURFSIDE, UNIT TWO, according to the plat thereof recorded in Plat Book 11, Page 8, of the Public Recaa~ds of St. Iucie County, F1oMda ? ~ t ^r~ ~~,~~~`A r oCU1~E`!j'~;.:. .S~/ ~ ~ ~ _ 1N PAYMENT Of tAXF~ V t- - ~ = ~ " RECENED S ~ 2 30''12 ,J ~ - ~~-j.: 4 0 5 0_ o„~ Qk C~~S INTANGIBLE PEaSOhAI P^0?ER11. r ~ r S• ~ PUnS•,1,i~7 TO C'riAPiER Ji-1:i4. f,::TS 13J~j~ V 0(~i_OfiFtEl;~t tiy~,r {~GER POITRAS , N 19o1t2 P.B. c1.~wc c~RCUir coua~ sr. w:.~F ca, Fu~ rogether with all ~nd singular the tenements, hereditamenri and appurtsnces there~nto betongi~g or in enywise apperttininp therato, and all reMS, iuues, c~oceeds end prof~ts xuuinq and to acaoe irom said premises, sll of which are included in the ~bove and foregoing deftription ~nd h~bendum. 10 HAVE AND TQ~HOjD the above descrfbed and gramed premises unro the said MORTGAGEE, its successors and assiqns foreve~. /1nd ih~ s~id MORTG! ~GOR fa - T~ -Zr---- heirs, executws, admi~istrators and assigns, F+ercty covenants with the said MORTGAGEE, its successon and ~ui~ns~ l ~hey are , rhar - fawfully seized of the said prem~ses in fee simple; tMt the same are free, ckar and dixhsr9ed from al! liera and enc~m- orances in Isw w in equity, and that th~ will and the~.T F~eirs ahall warrant and defend the tiHe to the same ta the faid ~ORTGAGEE, its successo~s and augns, fwever againsr the lawful claims and demsnds of •II per:or~; PROVIOED, ALWAYS ehar if rF~e MORTGAGOR shsU pay unto the MORTGAGEE the promissory note hereinbefore desuibed and sMll nuly, promptly a~d fully perfwm, d~xha.ge, eaecure, complete, compty with ~nd ab~de by each and every tFx stipulat~ons, agreementa, CondiliO~f ~nd COVtMntf Of taid promiasory note and oi this Mortgage, then this Mwtg~ge end the Esrare he~eby creared shall ceast and b~e null and void. IT IS UNOERSTOOD that the word "Mortgagor" whenc~r in the s~ngular w plur~l mywhere in this Mottgs9e, ahall be singular if one only ~nd shalt be plural jointly and severally if more than o~e, and that the wad ^theii' as vsed snywhere in this Nbttysp~ shall be t~ken to mean "hi~" "htn;' ; or "its;' wherever the co~teat w implies w admits. Also, ti+at wherever there is a reference in ths covenants and ag~eements herein contiinet! to sny of ~he paatie~ hereto, t}~e same shsll be co~strved to mean a~ well ss the heirs, legal represcntatives, iuccessor• and assigns (either voluntary by ~ct of ths parties or involunrary by oper~~io~ of the taw) of the same u+d that the covenants herein contained shall bind and the benefits and advsntayes inurf ro the respective hefri, teg~l represenratives, successors and ass~gns of fhe parties hereto. And said Mortgagw:, !o. themxlves and their heirs, legal represent~tives, succeuors ~nd ~uigns, hereby jointly and severally coven~nt and apree ro and with the said MORTGAGEE, its successors and ~ssigns: 1. To pay all snd s~ngular t1u principal and inte?est and the vsrious ~nd sundry wms of rtwney payabfe by virfue of said prom;ssory ~ote, •nd this mwfgsge, exh snd every, promprty on the days ~espect,vety the same xverally becane due. 2. To pay a!! and s+ngula? the taxes, assessments, levies, liabilities, obliyations +nd encumbrances of everyr n~twe snd kind now on ssid described croperty, or that hereafter may be imposed, suffered, plated, levied, or ~stessed thereon, or thst here~iter may be levied a usessed ~pon tF?is Nbtt¢ age, a the i~debtedness secure6 hereby, each snd everyr, when due and payable, xcadinQ to law, befwe they become delirqueM, and befor~ any interes~ ' .tfaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPiIY SATISFIED AND DISCHARGED Of ~ECORD AND THE ORIGIIVAI OFfIC1Al DOCURAENi ISUCM AS, FOR INSTANCE, ~HE TAX RECEIPT OR TME SATISFACTtOIV PAPER OFFICIAILY ENDORSED OR CERi1F1ED) SHAII BE PLACED !N TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst any thereof is ~ot ua~d, sar sfied and discharged sa d MORiGAGEE may at any hme psy the same w aoy part thereof wilhout waiving or affecting sny option, lien, eq~ity o~ •~qhf under w by virtve of this ~*wrtgage and fhe fult amovnt of each and every such payment shall be immedistely due and psyable and shall bear interesf ~rom the date thereof until pa~d at ~a?e of n~ne per ce~tum per an~um ~nd togethe. w~th such interest sy~U ,,,~~~eeyWWy~tt by, ~h[~erl~i mwgtaye. 1! • S~JI•K P1- U j _ . - ~ s.~~. . 4 ~ ~~~~xts,.-•E~.~.~ ~ - • l~'~ ~-'~_~~`'~a-~~