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Home My WebLink About2523 ~~M f,~5'~$.2'7 , A.O. 19 ~ 3 bO1w4Q~ THIS INDENIURE. M~ the 28~h day of J~e , H. Robert Rat urn an Jaaet r urn, s w e of St. LUCi@ Cp~nty Ftorida, Mr~inafta design~red ia tM "MORTGAGOR;' and fIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpaat~on or9anized ~nd existing unda~ the laws of the United Stat~s of America and Mvirp its principal p~ace ot buiiness in ~hs City of Fon Pieru, S1. luci~ County, florida, herein+fter desipnatad as tlw "A10RiGAGEE:' WHEREAS the MORTGAGOR is juitly iodebt~d to fM MORTGAi'sEE in ths sum of = 26,~600.~ and lawiul money of the Un:ted Sratet advanced by thc MORTGAGEE unfo ~he MORTGAGOR, as ovidenced by a ce~tain promisswy note of eve~ date herewith, of wh~ch tho tuflow~n~ in words ~nd figurei is ~ trw copy, to-wit: s 26,600.00 ~ N, 10020101 Fort Pierce, florida. J~e 28 ~q 73 For valve received, we w ei~her of us, promise to pay, wi~ho~t defalcation, to the order of fIRST FEDERAI SAVINGS At:D IOAN ASSOCIA~IC+N OF iORT PIERCE at Fat Pierce, Florida, the tum of j 26+6~.0~ _ w;th interest from date at the rate oi 7•75/o p•:~ annum, in monthly install- ~nents as follows: = 2O1 on the2~th day of October ~ ~9 73 and a like sum on the cor.espond~ny day of cac~ mo~th t}xra after until the whole be fully paid. Each instaliment iirst ahall be apptied in payment of the interest and rhen on the unpa~d balance of the prinupal sum. It de(a~lt n made io fhs ~ }>arment of any i~~tallmenf when due, and such default continues 30 days, then et the option of the holder, and without any other no?ice, all the remainit~g ~~~srallrrKnts shall be due and payable at once. Priv~lege ia given to prep~y this eote in whote w i~ pa?t at any time without pensly. Nellhcr (pqbpar~nce, nor acceptance by the ho!der thereof after any defauit in any payments hereo~, shsll 6e deemed exte~oion. A)a?e payment charge of Z lO.OS shall be ad~ed to each installment remaining unpaid 7 days after its due date, and a like wm shall be added to each such installment remaining unpaid 7 days ~fter eath succeeding payment date. Esch maker, surety and endoraer hereof, jointly and severatly, wa~ves demand, {xcsentme~t protast and notice of p~otest for nonpayment, and further agrees to any extension of reme of payment, either before or after mawrity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in the event of any default herevnder, and hereby severally waives all benefit of homes~ead and exemption uncfer the conatitution and laws of each Srate of the United 5?ates, as against this obligation or any exrension a renewal hereof. Witness the hand and seal of each party. • s/ H. Robert Rathbwrn (SEAL) ts~?U cs~?u $ 39.90 s/ Janet Rathburn ~ State Reverwe a~s ~a~uu~:~ ~a~s~+c~t - NOW, 7HEREFORE, the MORTGAGOR for the purpose of securing psyment of iaid sum of = 2~ +6~ • 0O „ and the performa~ce of the coverwnls and agreemenq F?ereina(ter expresscd, and fa diven good ~nd valuable co~sidararions, by lhese presenta, does g?snt, bargain, sell. remise, ~elease, convey and confi~m unto the MORTGAGEE, iri succeuors and auigns, all that certain lot, piece or parcel of land, situate, lying, and beirg in the County of St . Lue ie ~ sed State of Flwida, dewibed as follows: Lot 14, Blxk 268, PORT ST. LL~IB SBCTION 24, as per plat thereof on file in Plat Book 13, Page 31, of the Public Rec:ords of St. Lucie County, Florida f'• ' ~ STATE oF FLOt-~?1D!-i. ~ ~ ^uCCUIJ~ENTARY~: ;S,STAMP Tl:r ~ p~~~`j ~ ~ GEPT. OF REYENtiE • 4 i ~ ~ ~ ~ IN PA1r~p~ ~ ~ z~ - • T ! ` ~ P8 ~ u1.YJc~.9~,~ - = 3 S. 9 0 1 ~rr ~ c~ 'B'F,E,~„~ ~ ; o-~~~02^ ~ .~n-i~, ~as oF 2~n. n. ~ CIRq1~ ~t~~ U1ClE ~0, F1Il ~ ~ ~ - t ~ ti 3 Y 3 S [ ` togNher with all and singular the tenements, hereditaments snd appu~fsnces tF~ereunto befonging or in snywise ~ppert~ining thereto, and sll rents, issues, ~ procccds and profits scuuing and to scuue from said premius, all of which are included in the ~bove and foregoing desuiption ~nd Mbendum. t ` TO HAVE AND Tp HOLD the above described and granted premius umo ~he ssid MORTGAGEE, ib s~ccesso~s ~r?d sssigns forever. And tlw said ° !~10RTGAGOR fw their ~;~s, executor~, administratws and assi ns, hereb covenants with the said IYtORTGAGEE, its svcces~on and au' ~ 9 Y ~ rhat lawfull seized of the said ~ y premiks in fee timpfe; that the same are free, ckar and diuharged from aU liena and entum- 3 brances in law or in equity, and that they W;~~ and t~1 r hein shall wsrrant and dafend the title to the same fo the uid MORTGAGEE, its s~rccessors and auigns, forever sgainst the lawfu) claims and demands of all perw~s; PROVIDED, ALWAYS that if the MORTGAGOR shall pay uMO the MORTGAGEE tix promistory note hereinbefore dewibed and sFult truly, promptly and fully perform, diuherge, execute, tomplete, comply with and abide by each and every the stipulations, agreementa, conditions ~nd covenanri of s+id promissory nore and of this Mortgsge, fhen this Mortgage and the Esrate hereby ueated sMlt -cease a~d be nufl and void. ~ 17 IS UNDERSTOOD that tke word "Mwtgs9or" whether in ~he singular w plural ~nywhere in this Mwtgaye, shall be singulsr if one only ~nd shall be plural jointly snd teverally if more than one, and that the wud "~heir" st used anywhere in this Mort9age shall be taken to mean "hi~;' "hers;' or "its;' wherever the context w implie~ p admits. Also, that where~a there is a reference in the covenann and ayrecments F~erein contai~ed to +ny of ~ :h~ ;.a~!ea !u+re!~, !h. sarn:~ shall be co~str~ed to mean as well as the heirs, leyal rtpresentatives, succeuon and asi~gns (either voluntary by scf oi the s arties or involums b ration of the Isw) o( fhe same and that the covenants berein contained si?sii oino snd i:,e :,eraS::; a~,~a: e---- , P ?Y Y ~ ry_. - to tl~e respective heirs, legal representatives, tuccessors and au'gns of ~h! p~rtil3 hl~tf0. i ; And said Mortgsgors, for themselves and their heirs, legal representatives, successors ~nd auigns, hereby joindy and severaily covensnt +nd ayree ; to a~d with the said MORTGAGEE, its successors and assgns: ~ ' 1. To psy all and si~gular the principal a~d interest and rhe variovs and av~dry sums of money payable by virtue of said promissory note, snd this ~ mortgage, each a~d every, promptly on the days respectively the ssme severally becane due. ~1 ~ 2. To p~y ~II and •ingular the uxes, assessmenb, leviei, Gabilit~es, obligstions snd encumbrsnces of every nature and kind now on taid dexribed oco _ property, w that he?esfter msy be impo~ed, suffered, placed, tevied, or ~uessed thereon, w that hereafter may be levied w issessed ~pon this Matq- age, or the indebtedneu secured hereby, e+ch and every, when due ~ru! p~yable, sccordirg to law, before they become definquent, and before ~ny imerest artaches or any penalty is inturred; AN~ INSOFAR AS ANY THEREOF IS OF RECORd THE SAME SHAtt BE PROM~itY SATISFIfO AND DISCHARGEO OF RECORO AND THE ORtGtNAI OFFIC~AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFICIAIIY ENDORSED OR CERTIFIEO) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event that ~ny thereof is not - paid, sat'sfied and diuharged sa:d MORTGAGEE may at any time pay the same or any part thereof withovt waivinq or slfecting any optan, lie~, equity or •+qbr under w by virtue of fhis mortgage and the full amount of each and every such payment shall be immediately due and paysble and shall besr inte~es~ ~•om the date thereof until pa~d at rate of n~ne per centum per annum and together w~th such interest ~hall be secured by the lien of th:s morytaye, t ~ ~ - - _ . . , _