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HomeMy WebLinkAbout2883 ~s8o~r THIS INDENTURf. Mad~ the 27th day of `l~f • ' 1 ,A.0.~ 19~~ be1«e~n • M nnie 8. Russ a sin 1f adult ~ of St• L'1K' e County Fiaid+, htreiruftM dt~ignNed ~i tM "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF fORT PIERCE. ~ co~poralion wyaniud ~nd ~xistinp unde~ tM lawt of ths Un,t~d S~~tu of Arn~rica ~nd Mvinp iri printipal pl~c~ of buantat in tM Gty of fwt Pi~rc~, St, luci~ County, flori~, Mr~inafur d~~pn+te~ at tM "MORTGAGEE." t ' WHEREAS tM MORTGAGOR is jvstty indsbttd ro 1M MORTGAGEE in the tum of = 8~ ~ , qood ~nd lawful money of 1he United 5?atei advancsd by ths MORiGAGEE un~o ths MORTGAGOR, as evidenced by • certain promiuay rwts of even d~?e herewi~h, of wh~ch ths iollowinp in wwds and fiyvr~i is a trw copy, to-wit: ~ 8f~~~~ • ~Z~QZ~~ fo~t PiKC~. Fiwida. .~titiA 2'1 1~~_ fw value ~eceived, 1, we a eifhcr of us, promise to ~y, without defalcation, to the order of fIRST FEUEQAL SAVINGS AND LOAM ASSOCIATION OF fORT PIERCE a1 Fwt Pierce, Fbrida, the sum of s 8 ~ w~th interes~ irom date at the rafe of 8~ pe~ annum, in monthly install- inenfS ~s ~olb.vs: i 67 on the 2ah day of Au'A~1 st , 19_~ and a like sum on the cwrespond~ng day of each mox~th iFxrt- a.'tes until the whole be fully paid. Esch installmenl first shsll be apptied in payment of the inte~est ~nd thcn on the u~paid balence of the principal wm. If default is made in ihe payment of any instaltment when due, and such default continues 30 dayi, Ihen at 1he option of the holder, and without any orher notice, all the remaininp ~nstallmenb shall be due and p~yable at once. Privilege is yiven to prepay this note in whole w in part at any tune without penalty. Neithe~ fwebearsnte, nor ~cceptance by the Faldcr thereof afte? any defsult in any paymeMS hereon, sb+ll be deemed extension. A late paymem charge of, i~a~_, ihsll bs added fo ~each instatlmeof remainiog ~npaid 7 days aher its dw date, and a tike ium shafl be added to each such instaNment ?emai~ing unpa~d 7 dsys after eech s~cceedi^4 PaYment date. _ - ~ - - . Each maker, surety and endorse~ hcreof, jointly and severally, wa~vei demand, presentment protest and notice of protest for no~payment, and furthe~ ayrees to any extension of time of payment, eithcr before a after maturity, without notice to any of ~s; and to pay atl costs oF collection, intlud,'n9 • reasonable attwney's fee in the erent of any delsult hereur~dn, and hereby seve~alty waives all benefit of homestead snd exemption under the constituiwn and Iswi of each State of the United States, as against this obligation w ~ny extension a renewsl hereof. Witneu ~he hand and sesl of each party. (5~?U ~/Minnis B. Rus~,~ a s3ncle ada~~u (SEAU ~ $12 ~ 00 i state Revenw ~u (Stsw~wewlki~w wlgkwF~ww) - NOW, THEREfORE, the MORTGAGOR for ihe purpose of secv~ing payment of asid sum of i 8~~~~ ~ and the pe?formsnce of ths covenants and syreements hereinaiter expressed, and for dive~s 9ood ~nd valwble considerations, by these prese~+ts, does gr~nt, barpain, ull, rem~se, release, convey ~nd confirm unto the MORTGAGEE, iri ~uccessws ~nd ~uignt, all that cert~in lot, piece or partel of land, situats, lying, snd beirg in the ~ounty of St• L~ICi@ ~nd Staro of flaida, dewibrd ~s follows: I.ot 17~ Block 2, BLAKBLy SUBDIVISION, accoYding to a plat thereof on file in Plat Bo.ok 10, page 50~ public records of St. 1-ucie County, Florida,, ~ STATE oF FLOR1D,o ~ " OOCUMENTARY_~,. STAMP TA~ ~ ~JEPI. Of REYEtiUE ~i~ ~ H~' !f ' . . -s•~~ 1 2. 0 0 ~ - P.8_ ' % ~ ~ ~s~o2 ' ~ ~ 1~ PAYMElR OF T1U~li , ~IM~ ; OtE ON dASS "C t!lTAN816LE PatSOt4Al PROPERiY. ~1~RS1lAN110 1~111PTEJt 71•1~4. A~CiS OF 1911~ ~ ! ao~ rom~ , i C1ERR CIf~UQ OOUiC~. ST. WClE OD, F1J?. ~ ~ E . ! rogether with all and singular the tenements, hereditsmenri and appu?tsnces therevnto belo~ging o~ in anywise ~ppertsininq thereto, srtd aU ren», iuues. ~ proceeds and profits uuuing and to ~ccrue from said premises, all of which are irrcluded in the abov~ snd foreyany destripYwn ared habendum. i s TO HAVE AN ~IO ~tD the sbove described ar?d granted prcmi~es umo the said MORTGAGEE, iq svuessors and ~uiyrn forevv:"~Md th~ said MORTGAGOR for hQ Y h~eiyrs, executon, ~dministrators and assigns, hereby tovenanb with tF?a said MORTGAGEE, its suteeswrs snd ~ugro, ~ rhat - th~Y aYe - lawfull uii+~'of the said , y premises in fee simple; that the uma ~re free, clear snd dixMrgcd from ~It liens and ancvm~ % bronces in Isw w in equity, snd thst they W~~~ a~ t~1@~Y hein shsll warrsnt and defend tht title to the same to th~ fsid MORTGAGEE, its su~cessors and auiqos, forever sgainst the lawful claims and demands of atl perw~s; PROVIDED, ALWAYS tbat if the MORiGAGOR shsfl pay unto the 1NORTGAGEE the promisw~y ~ofe I~ereinbefore described and shall mrly, promptly : and f~lly perform, diuharge, execute, complete, comply with and ab'ide by each and every the stipvlslions, sgreements, condiYw~s and covenanri of uid ; promissory rate ~nd of this Mutgage, then this Mortgage ~nd the Estate hereby veated shatl cesw and be null ~nd vuid. IT IS UNDERSTOOD that the wwd "Nbrtgsgor" whether in the singular or pt~ral ~nywhere in this Mwtgsge, shall be sinyulsr if one only ~nd shal! be plwat 'p'~ntly and xverally if mwe th~n one, and that the wwd '9heir" as used anywhtre in this Mwtg~e sMli be taken to mean "his;' "hen;' ~ ' or "its;' wherever the context w implies or sdmiu. Alw, thsl whereve? there is ~ reference in ti~e covenann and agreemcnri herein contained to any of M ' the p~rtia hercro, the same shall be consrrued to mean ai weA i~ the heirs, leyal repesenutives, successon and usiyns (ei11Kr voiuntsry by aet of th~ vCJ ; parties or involu~tary by operation of the law) of the aame and thst the covenants he?ein contai~ed shalt bind ~nd the bensfits sod adv~nfs~es inure ~ ' to the respective heirs, legal representatives, succeaso~s and su~yns of the panies hereto. - ~ And said Mortgsgors, for themselves and their hein, tegd representative~, successors and assigns, I~ereby jointly and severally tovenant a~d ayree d ro and with the said MORTGAGEE, ita successon ~nd sssigns: ~ 1. To pay all ~~d singular the principal and interest ~nd the various and s~ndry sums of money payable by virtue of ssid p?omiswry note, and this ~ ~ mwtya9e, each ~nd every, prompNy on the dsyi respeaively tM iame severalty become due. i 2. To p~y all and ~ingulx the taxes, ~uessmen», levies, liabilities, obligstions and encumbancd of every nature and kind rww on said desuibed ~ prope?ty, or that hereafter msy be imposed, wffered, plxed, levied, or suessed thereon, or thst here~fter may be kvied a aisessed upon thia Mort¢ ~o ° age, w the indeb~edneu secu~ed hereby, each and every, when due and payable, accwdinQ to taw, before they becane delinqvent, and befae ariy intaest ~m ; aeeaches or any penalty is ineurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROlY1PTlY SATISFIED AND OtSCHARGED OF + RECOR~ AND THE ORIGINAL OFfIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OfFIC1A[LY ENOORSEO : OR CERTtFIED) SHALL 8E PLACEO IN THE HANDS OF SAID MOR7GAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; snd in the event thst any thtreof is not ' pa~d, sat'sfied and discharged sa:d MORTGAGEE may st any time pay the same or any par! the+eof without w~iviny w affecting sny optwn, lien, equity a •~qht under or by virtue of this mo+tgsge and the full amovn? of each a+~d every such payment shalt be immediatefy due and payable and shall bear inte~est ~•om the date thereoi until paid at rate of nine per centum per annvm ~nd to9ether w~th svch interest shall be sec~?ed by the lien of th:s maytaQe. . _ - ~a ; .:,_k~" L.. . . r _ .-n.. . r:. :~.~,z:~ x' -`~z~