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THtS IP1DENlURE. INarb t#~e 1~~1 ~y pf _ .Jlai! ' . S.~• '1~'~ bttw~
Richa~rd G. Ross and Shaton S. Ross, 6is wif~
of St •~.LIC~.e ~py~~~ F~p(j(~ If~ffjMfl~f {I!li9Mttd +s tM "MORTGAGOR," ~nd fIRST fE~ERAt SIIVIMGS AND IOAN
ASSOCIA110N OF fORT PIERCE, s oapaatan o~sni:ed w+d taiuinp .w~d~+ tFw l~ws of th~ lMi~ed St~us of Mneriu u?d havinp its princlpal pl+c~ of
bvunsss in tF» Ciry of fat Pi~ra. St. luciw Couotyi fbrid+. l~~ha d~sipna~d a th~ "AItORiGAGEE.° .
WHEREAS ~h~ MORTGAGOR a j~ntiy indeb~~d 1o th~ MORTGAGEE in 1he swe of ~16 ~ yood a~d lawful mon~y ot the Untted
, States advaKed ~y ths MORTGAGEE unfo the NiORTGAGOR, as avidcnced by a csrtain promisso~y rwt~ of ewn dats harswith, of which tht foilowiop in
w 16~ n b a trw copr, to-wiu
~ s f ~ rro 1U020039
~ P~ June 19 ~q 73
` for wlue received, 1, we or either of us, promise to pay, without def~lue~on, 1o ti+e orde? of FIRST fEOERAI SAVtNG~S~ AN~ LOAN ASSOCIATION OF
FORT PIERCE ~f iat Pictce, Fbrida, the s~m of ~16 ~ ~ with i~?erest from date at fhe rate of 8~`% per annwn, i~ moMhly init~l{-
~ menti st follows: t 1~~~ on the 2~h d~y of `J~y . 19 73 ~nd s lik~ svm on tia correapondinp day of each month Ihere-
af~er until the whole bs fully paid.
Each installment fint sMll be applied in p~ymen~ of tFM intercst ~nd tF?e~ on th~ unpaid balanos of the prindp+l sum. If defwlt is msds in ths
payme~t of any installmeM when dw. ~nd wch defauh continues 30 days, Men at the option of the holde?. and without ~ny other ~otice. ~II the ~cmai+?inp
insrallmenn shal) be dw snd p~yable at once. Privileye is 9iven ro prepaY tha ~ate in wtale w in put st u~y ti~s~e witFw~t pen~Ny. Neither twebearuKe, j
nor scceptaoce by the holdsr thercof after any defauh in any payn+enb hereon, sh~ll be deerned extension. A late p~yment cha~ga of ~6~70 ~Full bt t
added to each installmint remainirg w?p~id 7 dsys ~fter in due dafe. ~nd ~ Iike wm shaU be added ro cach such iouallrnenf rema;ning uopaid 7 d+ys after s
each fucceedi~g paYmanf date. j
Each maker, wrcty snd endorser hereof, joinNy and severally, wa'rves demand, presentment protest aod mtice of protest fw nonpayment, ~nd furthe? ;
! agrees to s~y extens'an of time of paymenf, eithcr befwe a after matwity, without notlse to ~ny of us; u+d to pay all cosh of tolkction, includ~rg • i
` reasonable atiorney's f!e in the erent of any default hereund~~, ~nd Mreby sdvetslly waives all be~efit of homestead snd exemptioo uqder the cO~~fitvtion ;
; and I~ws of eath Sute of the United States, as ~gainsf this obliga~ioe or any e:teasion w renewal hereof. i
~ Witness the hsnd and sea! of esch party. t
~
~ ~ s/Richard c. Ross ~
(s~w
~ a/Sharon S. Ross ~
t , sat. ae~nue
\ c23~i~iladbt~~2~IDti1_ ~ ;
NOW, MEREfORE, tM N10RTGAGOR for ths purpose of secvrirg payment of said sum of tlb~~~•~ . and the perform+nce of th~ j
v covar~ann and •pr.emcn~ her~~nafrer e:pressed, and fw d~vers 9ood and vilwble ca~s~der~tions, by these presents, does 9r~nt, bar~~in, setl, rcmise. ~
~ release, convey u?d wnf'um u~to the NIORiGAGEE, its successors and usipns, all that ae~taio {01, piece or patel of I~nd, situate, lyin~, u?d beirg in ths
" County of SZ• Lt1C~@ «d State of F1a~d+, dacrib~d a fdlows: !
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Lot 28~ Block 4~ LAKSL~DOD PARK UNI2 8B~ accoYding to the plat thereof recoYded
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in Plat Book 11 at Page 48 of the Public Records of St. Lucie Comnty~ Florida, ~
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; togethe~ with all ~nd singular the tenements, hueditsmenb and sppurNntss ltweunfo belonginp a in anywise sppMainirg tl~ertto, aod all ~ents, istws, '
' procceds and profits +c«yieg and to scuve from said premises, aR of whicf~ src indud~ed in the abovt snd forepoiny desuiption and habendwn.
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} TO HAVE AND TO the ~bove desoibed and ~anted premises umo th~ s~id MORTGAGEE, its successon and assg~u iorewr. Md th~ aaid ~
F MQRT far the I ?Kin, execvton, administntas and assig% f+ereby oow~n~nts with the said MORTGAGEE, its wa~saa~rs and aniQ% ~
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~hat ey aze lawfully feiud of tM said premaa in fee simple: that th~ sanK are h~e, cksr and d'acFw~ed from all liem and ~ncv~ ~
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brances in I~w w in equity, uid thst th@y will ~nd their hein shsll w+nant and deferK! tht titl~ b the same ro the ssid ;
MORTGAGEE, its s~rccesson and auigiu, fore-m spsirat the Iawfvl claims u+d demands of all persoro;
PROVIDED, ALWAYS th~t if tFe IIMDRTGAGOR shalt psy ur~w the MORT6AGEf tht pomisfwy not~ Iwreinbefore described ~nd shdl truly, pramptly~
and fully perform, discMr9e, execut~, campkte, oomply with ~nd ~b~de by each and every the stipolations, aprcemenb, conditiom u+d aoverwMS of si~ '
promisfpy note and of this Mort9ape, t}ron this Mort9a9e and the Estate hareby oe~ted shall ua~ snd be rwN and void. ~
IT IS UNDERSTOOp ihat the wwd "Mwt whether in the si iar ar ~ !
9+9a~" ^9~ Ph+?~1 anywhsrt in this Mwtgspa, sbsll be ainavlar if one only
shaR be plwa) jointly ux! severslly if more than one, and th~t the word "their" ~s wed snywhare in this Mort9ayt sh~ll be taken to m~an •'his," "hen~ ;
or "ib:' wherever the cootext so implies or sdmib. Aho, tMt wherever there is s rsferenc~ in the toven~MS and agrsanenls herein oontainsd ro arep oi ~ i
fhe psnies t?ereto. the sam~ ihsft be oonstnied to mean as well is th~ heirs, 1e9~1 npresentatives, wocesson and sssigro (either voluntary by act of th~ .
parties w involunury by operation of the law) of the same sn~,~.~tiat-:he ~tsr«w~n he~e~n c,wa•~ned sh.I~ b~nd +.~d *he ben.f~n and ,dr.rnap.s tnw~ }
F to the rsspectiw heirs, kg~l representativp, wcces~ors and au~y~s oi th~ parties hereta ~
= 9
Md said Mortq~ors, for tf+ernselves ard thei~ he'as. kgal representatives, succesto~s ~nd assiy~», hereby jointly snd ~ewrallr cove~ar?t and ayr~e,Z ~ ;
ta snd with the said MORTGAGEE, its successors and assiyos:
1. To p~y ~II and sin~ulu the prirrripal and interest snd the vuiars ~nd s~ndry surns of money payabls by vi?tve of ssid promiswry not~, and thisQ~ i
mo?tys~e, sach and every. P?omPth on ti~e d+ys respettiv~ly the same sev~rally becarne dve. ~
k 2. To psy all ud sagular the taxes, auess~nena, levies. liabilities, obliqatia~s ~d encvm6rsnces of every n~ture and kind ~ow on said desc?ib~d ~
~ P~~7. w tFut hereafter m~y b~ imposed, sufferad daced, kvied, or ~aessed tF`er~on, a thst haeafnr map b~ levied or asessed upon this MortQ- ,
_ age. or tM indebtedness ~ecwed hereby, sach and wery, when due and paysbte, aaordinp ro larr. befon they bec«ne drlinq~e~n, and befan ~ny imerest ~
' artaches or any penalty is incwred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAINE SFIAIt 6E PROMPTIY SATISFIED AND DISCFIARGED OF ~
~ RECOR~ AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPi OR THE SATISFACTiON PAPER OFFICtAItY ENDORSED (
= OR CERTIFIED) SHALL SE P[ACEO IN THE HANUS Of S/tlp MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; ud in the evem tMt any thereof is rwt i
; paid, sat'~fied. a~d dischsrged sa:d MORTGAGEE msy at any Y~me pay the same o~ any paA thereof without waiving or sffectirg sny optpn, lien, equity or
- •;aht under or by virtue of this mor~gage s~+d ~he full amount of cach snd every such psymerd shall be inwnediately due and payabk and shall bear interest
F.om rhe dare thereof unril paid u r~re of nine per ce~tum per ~mwm and to~ether with wch inte~n~ shall be sec~red by the lien of th:s morptape.
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