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Home My WebLink About1208 ~50726 ~ THiS IN~ENTURE. Mad~ 1Fw 2etb day of MirC~f _ A.D. 19_~, b~twNn RobQSt Rutnik and Rita Rutaik, his wit• of St• L1lC~! ~n~y Fbrida, hNeinailK dssiqnared ai 1M "MORTGAGOR," and fIRST fEOERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE. ~ cwpaation ory+nited ~nd exis~irp undK th~ laws of th~ U~ited St~t~s of Ameriu ~nd Mvirg iri principal pl~c~ of bv~u in th~ City of Fort Pierp, St. luci~ Cou~ty. Florida., ha~inaht~ dapnated ~a tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jtntly indtbt~d to th~ MORTGAGEE in tM swn of ~ 14 ~~Q. QQ----, 9ood ~^d lawful money of the U~ited States advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by • certain promiuo?y note of even dale herewith, of which the folbwinp in wwds ~nd ii~urK is a tnrs copy, to-wit: i~i~a3 = 1~.000.00 Fon w..ca ~«~d.. Ma~cch 28 ~9~ For value received, 1, we or either of us, promise to pay, withoul defalcation, to the order of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum of i 14 ~ wi~h i~terest from dats at the rate of 7• S°~6 par ~nnum. in monthly ins~alb rr,ents ss foltows: S 113~~ on the 10tb day of `July 19 73 and a like s~m on the cwm~pondi~g dey of each month therr after until tAe whole be fully paid. Each i~stallment first sAall be applied in payment of the iMercst snd the~ on the unpaid bslance ot the principal sum. If defauM is made in the paymeN of any installment when due, and such default co~tinues 30 days, then at thm optan of the holder, and without any other ratice, all the remainin~ ins~allrrKnb shall be due and payable at once. Privilage is given to prepay this note in whole or in pan at ~ny t~me witho~rt penahy. Neither facbca~ance, nor accepbnce by the holder tFxreof after any default in any payment~ hereon, shall be deemed extension. A late pnymcnt charge of s s~bs shall bs added to each installme~t rcmaining ~npaid 7 dayi after its due date, and a like sum shall be added to each such installment remsinirg unpaid 7 days after each succeeding payrrKnt date. Each make~, surety and endorser hereof, jo~ntly and xverally, waives demand, presentme~t protest and notice of protest for nonpayment, and furtt?er agrees to sny extenian of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, ii+cludiny • reaso~able attaney's fee in the event of any defautt hereunder, and hereby severally waives all benefit of home:tead and exemption under the constifutan and laws of each State of the United Ststes, as against this obligation or a~y eatension or rertewal hereof. Witneu the hand and seal of each pa?ry. • s/ Robert Rutnik ~ cs~?u s/ Rita Rutnik (s~wu ts~?U ( 521.00 ) State Reven~x (9nnnpran~elkd~ ar erlg~nsl NOW, THEREFORE, the MORTGAGOR for the purpose of tecuring payment of tsid sum of S 1~' f ~ +nd the Pe~forma~ce of the covenants ~nd apreements F+ereinafter expressed, and for divers good end valwble considerations, by these prese~ts, doe~ gront, bar9sin, se~l, remise, release, convey and confirm unto the MORTGAGEE, iri svcceuors and assigns, all that certain bt, piece w parcel of land, situate, lying, and Fxing in ths County of St• L'1LCi~ ~nd State of Florida, desuibed ~s follows: Lot 16, Block 153, LAKBWOOD PARK, UNIT 11, as pez plat thereof on file in Plat Book 11, Page 32A; 326; 32C and 32D of the Public Records of St. Lucie County~ Florida ~1`~~,` 0 . ~ ' ~ o i ~,Q ~~S ~o.. ~~~0~`1~;~w~.\'v~t~c. 1 o~ F(,,,~ ORlI~A_I . ~~`~Q`6~~ o= ~ D Ct~MENTARY •,•..,,3 STAMP ~A X ~ ' ~p '~~"c;~.r r .OF RE11EM11E , Q~C~ ~,5~ ~ _ ~ ,;~,tr» ~ 2 I. ~ 0 ) ~ ~ « ° _ ~ ~ 0 to9ether with •II and singular the fenements, hereditaments and appurta~ces ihereu~to belonging w in anywise ~ppert+ininp fhereto, and a0 renb, iuue~, proceeds ~nd profits acuuing and to accrue from said p?emises, all of which are included in the above and fweyoing description and habe+~d~m. TO HAVE AN tI0 FiOID the sbove described and granted premises unto the said MORTGAGEE, its successors and +uipns fweva. Md tM s~id MORTGAGOR for helr executors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, in successon and ~uipro, that they a!@ _ ~awfully seized of tF~e said premises in fee simple; thet the s+me ue free, clear ~nd discharged from all liem u~d encurrr ~ brances in law w in equity, and that tbey will and their hein sMll warrant and defend tF~e title to ths same to the aid MORTGACsEE, ib successors and assigns, faever sgainsf the lawf~l claims and demands of ~II perwro; ~ ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory nole I+ereinbefore dexribed snd shall truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by esch snd every the stipuletions, agreeme~is, conditioro ~nd covenann of said ~ promissory nofe snd of this Mortgsge, then this Mortgsge snd the Estate hereby ae~ted shsll cease and be null and void. ~ IT IS UNDERSTOOD that the word "Mwtg~gw" whether in the singular or plwal anywhere in this Mortg+ge, sMll be sinpulu if one only and ~ sh~ll be plural jointly and severally if mwe tMn one, and th~t the wad "their" as used snywhere in this Mortgsye th+ll be tsken to mesn "1?is," "hen;' ~ or "ia;' whereve~ the context w implies w sdmits. Also, that wherever there is a reference in the cove~ants and apreemenn herein oo~uined to ~ny of rhe p+?ties hereto, the same shall b~ torntrued to meae+ as well as the heirs, kgal representativd, sutcesson and auigns (either volunt~ry by ~d of th~ parties a involunury by operation of the law) of the same and that the covenann Fxrein tontsined sh~ll bi~d and the benefin and adv~nqpes inur~ to the respective heirs, (ey+l represenhtivet, successon and au~yns of the paAies hereto. ~ Md said Mortys9wf, fa tl+emselves and their heirs, legsl representatives, •uccessors and su~geu, hereby jointly and sevually covenant ~nd ~yr~e to ~nd with the said MORTGAGEE, its s~ccessors ~nd auigns: 1. To p~y ~tl ~nd sirqvlar the principal and imerost ~nd the v~rious ~nd sundry sums of moneY p~Yabk by virtve of said promiuwy note, and thu mortpaye, each and wery, promptly o~ tM days respectively tFie s+me severally bec«rw due. 2. To pay all ~nd sinp~lar th~ taxa. ~ssessmeMS. I~v'~es, lisbi~ities, obtiy+tioru and ~ncumbrances of ~very n~tw~ ~~d kind rww on s~id dewibed propertp, w tMt hereafter may be impo~ad, wffaed, pl+ced, levied, a+ssesied thsreon, a tMt F~ersafter may be levied or useased ~rpon thi~ Mwp- aye, a tM ind~b~edn~u sec~red hcreby, e~ch and wery, when dw ~nd p+yable, xcadinp to law, before they becom~ deltnqwnt, ~nd befon ~ey int~rat attathes or any penalty is incurred; AND INSUFAR AS ANY THEREOF tS OF RKOR~ THE SAME SHAIL SE PROMPTIY SATISFIEO ANO DISCHARGED OF RECOR~ AND THE ORfGINAI OFfIC1Al DOCUMENT (SUCH A5, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAtLY ENDORSEO OR CERTIFIED) SMAII 6E PIACE~ IN THE NANpS OF SAIO MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tFa ~veM tMt ~ny thereof it rat paid, aYs(ied ~nd discharged u:d JNORTGAGEE may at any t~me pay tM same a any part thereof withovl w~ivi~y a aff~ctiny u~y option, li~n, puity w •iph~ unde~ w by virtw oi this mor~qaye ~nd rhe (ull amount of each and erery such p~yment ahall be immediatety dw ~nd pay~bk and ~hall beu int~rat ~.om ~he dat~ Ihereof unlil paid ar r~~e ol n~ne ptr centum per ~nnvm and toqe~~~~~~~K~}{~wed by the lien of th:~ morpt~pe. fAK Vx .,a~..-- . _ , _ _ _ ,.~_.x . ..,~;:=_-.,z