The URL can be used to link to this page

Home My WebLink About1123 i~5;~.7~~ Ap:il ~ ~ . ~.o. ~9 73- b.nN..~ THIS INDENTURE AMd~ 11i~ 19~h dar of Bennie Rulwood and Thela R. Rulwood. his wife of St . WCl! ~ Cp~~y F~~. ~r~~ftu dssiqnated +s th~ " RTGAGOR," and fI~tST fEOERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, • oapor+tion orp~nised u+d ~xiuinp under tFw i~ws ot tM Unit~d Stat~s of Am~~k~ and_h~vlnp iri prlncipai plac~ of buiimas in tM City of Fwt Pi~c~, St. Lvci~ Covoty, Florida. `1ffflfMfiN dH~QMtld u t!r "MORTGAGEE." WHEREAS iM MORTGAGOR is ~wtly it~bt~d ro th~ MORtGAGEE in the tum of ~ 1O ~ 8~' ~ pood and ~wvful money of the Uoited Sfete~ adwnced by tM MORTGAGEE unfo th~ MORTGAGOR, at evid+~ced by a certain promiswry noN of even d+t~ her~vriti~, of which the followinp in worda u~d tigurp it a t~w copY. lo-wit: . = 10, 800. 00 ~~~„10014936 • Fo?t Pieru. Florida. 11 19 19~._ ~ p pay, without defaication, to the wder of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATION Of Fw value received. i, we or eithe~ of vs. romise to r fORT PIERCE al fwf Pieres, Florida, the sum of S1Q~8~-~ with intere~t from date ~t the rate of per annwn, in monthly imtall- menn as follows: t 96 on ths i~hday of - 19 73 snd a like sum on the corre:pa+dinp day of each month there- = after until the whole bs fully p~id. ~ Each installment first shall be applied in payment of the interest and then on the unpaid bsisnce of the printipsl swn. If deiault is msde in the payment of ~ny i~stallment when due, and such default co~ti~ues 30 days, then +t the option of the holder, and without any othe~ notice, sll the remaining ~ ~nstallmenb tF?all be due and payable at once. Privils9e is given to prepay this note in whole w ln~parf at sny time without penalty. Neither forebe~rsnce, nw ~cceptance by the holder thereof after any default in a~y payments hereon, shall be deemed exteniwn. A late payment charge of ~ 4•8O thall be i added to each installment remaining unpaid 7 days after its due dats, and a like ivm shall be added to each such installment remaining unpaid 7 days afle? ~ each sucteeding paymeM date. ' Esch maka, surery and endorur hereof, joimly and severally, waives dema~d, presentment protest and notice of p?otest tor nonpayment, ar+d further agrees to sny extension of time of paymcnt, either before w after maturity, without notice to any of us; and to pay all costs of colledion, includ~ny a reasonabk attwney's fee in the event of a~y defauh hereunder, and hereby severally waives all benefit of horrKStead and exemption under the constitutan and laws of each State of the United States, as ag~inst this obligaYron or ~ny extension a renewal hereof. Witneu the hand and seal of each party. S,I Be*+!+;~* Fu?utood ~?U cs~?u S Thela F. Fulwood ~ $16 20 ~ i ( • ) State Revenue ~ltal~l~eaol~elalCadqUdaou) i NOW, THEREFORE, the MORTGAGOR fo? the purpose of secvring p~yment of said sum of i~~ g~ and tM performance of the ; covensnts snd spreements hereinafter expreucd, and fw divers good and valuable consideretions, by these presents, does grant, baryain, ull, remise, ; release, convey and confirm unto tl+e MORTGAGEE, ih successors and assigns, alI thst terhin bt, piece or pucel of la~d, tituate, lying, snd beirg in tM ; County of St . 4uC1@ and State of Flaida, dewibed as follows: ~ Lot 13, Block 2, 56MINOL6 PARK SUBDIVISION, as per plat thezeof on ~ f ile in P lat Book 10, page 11, of the Public Recozds of St . I.ucie s County, Florida, ~ t t 0,~~1~~ ' F ~LSjP 0, j : ~y ~ `6•Z , ~ P ti~~ ;E ~ ~ : j r~- v1~~E+~ ~ - O i .:,~w IN PAYMEIff pF TA~ ~ , •r ~ 0~,~ d~~s'~~?t, p~yWT TO '~C' fNTAN61BtE PE~SONAL P R OPERIr ~ ~ i ~ I 4 ~E~ Jl'j3t. ACTS OF 1971, ~Y 's ~ ~ ~ ~ oz lOG~R PORWIS ~rj~ } ~GC? ~ ~ aF1~( CIRqlIT OOURT, Si WCIE 00. p~, l/ o ~ ~ - ~ ~ ~ Z ~ together witK sll and sing~lar the tenemenb, hereditamenri and appurtsnces therevnto belonging w in anywise appertsining thetero, ~nd all renb, iuues, ~ proceeds snd profiri +cuuing and to acaue irom sa'~d premises, all of which ue inclvdee! in the above and foreyoinp description and haberdum. ~ TO HAVE AND TO HOLD the sbove described snd grsnted premises unto the said MORTGAGEE, its suacswrs ~+d +uipiu fweve?. Md tM ssid ~ M.ORTGAGOR fw tha 1 r - hein, executots, administraton and auigm, hereby covenann with the said MORTGAGEE, it~ suuessors ~nd astiynf. ' ~hat tbgY ~e lawfully seaed of the said prem'~ses in fee simple; thst tM same ue free, clear and discMrged from all liens and ~ncvm- ~ brances in law w in equity, and th~t t~Y wilf and ~ t~lr • hein shsll warrant and deferd the titk to the same to the said ! MORTGAGEE, iq sucussws and auigns, forever against the lawful claims snd dem~nds of all perwro; ? ~ PROVIDED, ALWAYS tfut if the MORTGAGOR shall p~y unto the MORTGAGEE the promisswy note hereinbefore described and sh+ll troly, promptly ~ ~ and fully perfwm, diicharge, e:ecute, compkte, comply with snd sbide by each ard every the .stipvlatiom, agreemenri, conditiau and covenanb of said ~ ~ Fromiisory note and of this N4ortgsge, tlmn this Mortgage and the Estate hereby veated thsll uase snd be null ~nd void. ~ IT IS UNDERSTOOD tlwt the word "Mortgsgor" whether in the singutar or plwsl snywhere i~ fhis Mortyape, shall be sin9ulu if one only and t shatl be plural jointly and severally if mwe than one, and that the wwd "their' s: wed a~ywhere in this Mortgage shall bs taken to mean "his," "hew;' t ~ or "ia;' whereva the context so implies w admits. Also, that wherever there is a reference in the coren~nri ~nd ~greemenfs herein contained fo ~ny of ~ the p+A'ies hereto, the same shall be construed to mesn ~s well ss the hein, kyal representatives, sutcesson and auigns (enhet voluntary by ~ct of tM ; parties or involuntary by operstion of the law) of the iame and that the covenants herein tontained shsll bind a~d the benefin and advantsyes irwrt ro the respective hein, leyal represent~tives, suuessors a~?d au~gns of the puties t~ereto. ~ Md said Mwtgsgors, fw themselves and their hein, legal representatives, succeuus and sstigns, hereby jointly and severslly covenant snd pree : ~ ro and with the ~aid MORTGAGEE, its succeuors and suigns: ~ 1. To p~y sll and singular the princip~l and ime?est ~nd the vario~s and wndry sums of ma~eY psYabl~ by virtue of ~aid promiuory note, and tha ~ ' mortg~ge, each and every, promptly o~ the days rapectively the s~me severally becant due. ~ 2. To pay all and singvl~r the uxes, auesunents, levies. I~ab+Lt~es, obl~gatam and eincumbr+nces of every n~tur~ and kind now on said dauibed i property, w th~t here+fter may be impoted, suffered, placed, levied, or auessed thereon, or tMt hereafter may be levied w usessed upoi~ this Mort~ : age, a the indebtedness secured herebY, ead~ and every, wMn due and p~yable, accwdinp to law. befa~ they become delinquent, and befor~ any Interat ~ attathes w any penalty a inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROAAPTLY SATISfIED AND DISCHARGEO OF ; RECORD AND THE ORIGINAL OFfIC1Al OOCUJNENT (Sl1CH A5, fOR INSTANGE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSEO ~ OR CERTIffED) SHAII dE PlACEO IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN OAYS NEXT AFTER PAYMENT; sr+d i~ tF?e event that sny thereof is not ' paid, iaYsfied and dixharged said AhORTGAGEE msy at my time pay the same w any part thereof wilhovt waivinp or affedinp any optan, lien, puity or f •iQht under w by virtue of this mortyage ~nd tF~e full amount of each and every iuch payment shsll be immediately due and payabk and shall bea~ interest i hom the date the~eof until paid al rate of nine per centum per annum a~+d toyether with such interest '~t~ by"'7~' ~ s moryt~pe. ~COK~J FA6E 1~~.