The URL can be used to link to this page

Home My WebLink About2687 239113 ~ ~ , THIS INDENTURE, Mad~ the_ 5~_ daY of Se-pt@~8r A.D. 19?2... between HoMard R. Routt and Mar iorie H. Routt ~ his Nife - ~r...~ . ~ • a_~~ ' ~ " of $t. LuCi@ Co~nty Flaida, he~einafta designared as the "MORTGAGOR;' and fIRST FEOERAL SAViNGS AND IOAN ASSOCIATtON OF FORT PIERCE, • cwporation w9anized and cxis~ing undc~ ~h~ Iaws of Ihe Un~~~d Staqs of Amei ca and havingi iti principal placs of busin~ss I~ the City of Fon Pieres, St. lucis Co~nty. Florida, her~ina(ter desiy~ated as tM "MORTGAGEE." WHEREAS ths MORTGAGOR is jtntly indebted to the MORTGAGEE i~ the sum of S 15+~0 good and lawful money of the tJn~ted Sfates advanced by ~fie MORTGAGEE unto ~Ae MORTGAGQR, as evidenced by a ceita~n promisw~y note oS even~date herewith, of wh~ch the following in words and Mfigures is a trus copy, towit: • 1 Z 1 S a QW ~ W /t-'i• :S~ Np j ~01870~ 1 +rc F Fort Pierce, flwida, A~> > T9 72 Fw value received. I, we or either of us, prom~se to~j y, without defalcation, to the order of ftRST ffOERAL SAVIfVGS AND IOAN ASSOCIATlON Of FORT PIERCE a1 Fwt Picrce, Fbrida, the sum of j 1'S~"~•~ w;th inreresr from dare at the rate of7 • S °,o per annum, in monthly instal{- ments as fo!lows: S 121 .Q~ on the lst day of Deeember ,~9_72 and a like sum on the correepond~ng day of each month there- after until the whote be fully paid. . Eath instal!ment first shail be applied in payment of the interest and then on the unpaid balance of the prinupal sum. If d ault is made in the E:ayment of any instal:menf when due, and such defautt continues 30 days, then at the option of the holder, a.~d without any other notice, all the remai~ing ;nsrallmems shall be due and payable at oncr. Privilege is give~ to prepay thia nole in whole w in part at any time without penalty, Neither torebearaoce. nor atceptance by the holder thereof after any defav~t in any paymenta hereon, shall be deemed extension. A late payment charJe of S 6! .QS shall be added to each ins~allment ~emaining unpaid 7 days after its due date, and a iike sum shall be addad to each such irtstallmen! remaining unpaid 7 days after each succeeding paym~nt date. Eath maker, surety and endorser hereof, jointly and uverally, waives demand, presentmen! protest and notice of protest for ~onpayme~t, and funher agrees to any extensan of rime of payment, either bafore or after maturity, without notice to any of us; and to pay all costs of co1lection, including s reasonable atrorney's fee in /he event of any defauit hereunder, and hereby severally waives all benefit of homestead and eaemption under the constitution a~~d laws of each State of the United States, as aga~nst this obligation w any eatensiort w renewal hereof. Witness tF?e hand and seal of each pa~ty. S Howard R. Ut (SEAI) - ~ (SEAL) S Mar 'orie H. ou t (SfAI) ( s 2 Z • ~ .1 State Revenue ' ~ , y ( lF7~i~C~fiEiq ~ NOW, THfREFORE, rhe !1'ORTGAGOR foi the , 1 S s pu pou of securing payment of sa~d sum of s ~ and the performance of the covenants and a9reements hereina(ter expressed, and for divers good and valvable cona~deralions, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its succeuors and assigns, ell thar cerrain 1of, piece a partel of land, situate, lyir?g, and being in the Counry of St . Lucie and State of Flwids, described as foltows: Lot 13, Block 74, LAKEWOOD PARK S[BDIVISION, iNIT ~7, per plat thereof on ~ile in P1at Book 11, page 23, recorded in the pub2ic records of St. Lucie County, Florida. ~ ~ oF F 1"'s° MP j(' ~ ~~~f`R~ = y~~'~ •ZZ ~O ~ - iS ~~~\ME~-E~ E ~ " ~ ~ oa~'.vf g . ~ p'p~_ ~.~~.~1~ ~~y~.f' c,°y ~ ? 3 G `s~~ o, ~*~`tf~ . a~ 1N~i1MClp,~ PE~~~ OF TI1~ ` o ~ • ~ ~AC1r ~f !l•~EARr c . ~ ~ ^~7~ ~7. ~ My ~ ~ W V , rogether with sll and singular the tenements, hereditamenfs and appurt+nces thereunlo belonging or in snywise appertaininp therefo, snd all rents, isu?es, p~Ot!!df ~nd profits scuuing snd to accrue from ssid premises, alt of which s~e included in tl~e above ind fwepoing dewiption ~nd habendum. TO HAVE AN~ TO HOlO the above described and granted premises uMO the said MORTGAGEE, its successors and assigns forever. Md tht said NtORTGAGOR for thelr he;~s, exec~ton, administrators and assigns, hereby covenants with the said MORTGAGEE, it~ succeswn ~nd ~sriyrn, ' rhat - - lawfull seized of the said they are y pr~;ies in fee simple; thst the same sre free, ckar and dixMrged from •II lie~n and ~ncum- brances in Isw or in equity, and ti?st they N,~~~ thei r he;rs shall warrant and de(end the title ro the same to tM •s+id MORTGAGEE, its succeswrs ind assgns, forever against the lawful claims and demsnds of ali perwns; PROYIDED, AlWAYS that if the MORTGAGOR aMfl p~y unto the MORTGAGEE the promissory rate herei~befo?s described end shall truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by esch and every the stipulations, a9reements, conditions and tovensnts of said promissory ~ote and o~ this Mortgage, then this Mortgage and the Estate hereby ueatcd shat! cesse and be null ~nd void. IT IS UNDERSTOOD th~t the word "Mortgsgw" whether in the si~gulsr w piurat inywhere in this Mo~tgage, shal! be aingula? if one only and shall be plura! jointly and severally if more than one, and thet tF?e wad "their" as used snywhere in this Mortgsge shsll be taken to mesn "his;' "hen;' or "its;' wherever the context w implies o~ admits. Alw, that wherever there is s refererxe in the covenanri and agreements herei~ contsined to ~ny o/ rhe pa?ties hereto, the tame shsfl be co~str~ed to mea~ as well a~ the heirs, legal r~presentatives, successo?s and assigns (either vo{untary by acf of tM parties w involuntary by op~ration of the law) of the same and that the covensnts herein contained shall bind and the benefits and adv~ntages inure to the respettive heirs, leyal reprexnt~tives, successors and au'gns of the partief hereto. And said Niwtg+go?s, for 1F~emselves snd their heirs, legal representative:, successort and suigns, hereby jointly and severally covenant ~nd apree to snd with 1Fx ssid MORTGAGEE, its succeisors and auigns: 1. To pay all snd singular thc principal and interest snd 1Fx va~ious and sundry sums of money payable by virtue of said promissory note, and thit mortyage, exh a~d every, promptly on t1~e dsys respectively the ssme uverally beconwe due. 2. To pay all end sir?gvla? the taxes, asussments, leviss, Gabilities, obli9atio~s and encumbrances of every nature and kind now on said desuibed property, w th~t heresfter may be imposed, tuffered. Placed, levied, or ~sseued tF?ereon, d that hereaher may be levied a usessed upon this Mort¢ age, a the i~debtedneu secured hereby, each snd every, when d~e ~nd payabk, accordin~ to law, before they become detinqnent, ~nd befors any interest atraches w any penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD 1HE SAME SHAII SE PROMPTLY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGINAL OfFICtAt DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX REGEIPT OR THE SATISfACT10N PAPER OFFICIAItY ENDORSEO OR CERTIFtED) SHAIt BE PtACED IN THE HAN~S Of SAIO MORTGAGEE WITHIN TfN DAYS NEXi AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied snd dischtrged sa'd MORTGAGEE msy st any time pay the sarr~ or any part the.eof without waiving u affecting any optia?, lien, equity a •~qht under w by virtue of this mortgsge and the full amount of each and every s~ch payment shall be immediately due snd payiblt and shall bear intaest r•om the date rhereof until paid at ?are of n;ne per centum per •nnum and toge~her with such jntp~es secur ~c ~en of th:s morytage. ~'JKK PAG[~U~J . _ - ~ ~~~~"~'a ~ ..7~'~~~~°'-`. . - . E . ~