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THIS INDENTURE, Mad~ the 'Zdth day of S@ptt~~r , A.D. 19_73. between
- . wsa s an e s? . usss s, w!~
o~ St. LuciO ~~ny Florid~, hero~naita designated as the "MORTGAGOR;' and FIRST FEOERAL SAVINGS AND IOAN
ASSpC1AT10N OF fORT PIERCE, ~ corpwation ag~nized and exis~in9 uode. the laws of the United S~~t~s of Mneric~ and Mvinp in p~i~cipal place of
businsu M ths City of forl Piarce, 51. lucie Gounty, Florida, he~einaf~e~ desiynated as tM "MORiGAGEE."
WHEREAS the MORTGAGOR it jvsUy indebttd ro tF» MORTGAGEE in the sum of i 3O?y~?~c•~ good and lawful money of the UNted
$tates advanced by the MORYGAGEE unto the MORTGAGOR, as ev+denced by a certain promissory note of even date herawith, of wh~ch fM followinp in {
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words and figures is a true copy, to-wit: ~
s 30.000.00 tro.~0020449
fon Pierce, Flwida, ~ptl,b!! Z4 _~q~_ ~
Fw value rece~ved, 1, we w either of us, prom~se to pay, without defatcatio~, to Ihe order of FIRST fEDERAI SAVINGS AND IOAN ASSOLIATl0~1 OF
FORT PIERCE at Fwt Pierce, flo~ida, the sum of S- 30~0~~~ w~th interest trom date at the rate of 3ltc..~io per annum, in :nonthly i~ttt~l-
~nants as follows: 5-~57 on 1he ~ day of Novenber ~9_73 and a like sum on the corre;po.~d:n,~ day of each rco~th tliere-
after until the whote be fully paid. 3
Each in:tallment first shall be epplied in paymenl of the interest and then on the unpa~d balance of the princ~pal wm. If default ii made io the #
F~ayment of any install~nent when due, and such default continuea 30 days, then at fhe option of the holder, and without any other notica: all the remaininy
installmrnts sha~l be due and payabie a~ once. Privilege is given to prepay fhis note in whole or in part af any t~me without ~aoai!y. Nei~!~er forelqxa~rsnce,
nor acceptance by the holder thereof aiter any default in any payments hereon, shall be deemed ezsension. A late payment char~e of 12'8~ihstl be
added to each installment remaining unpa;d 7 days alter its due date, and a I~ke sum shall be addrd to each such installment rema;•~ing unpaid 7 diys after
each succeeding payment date.
Eath maker, surety and endorser hereof, jointly and severalty, waives demand, presemment p~otest and notice of p~otest fo~ nonpayment, and furthe~
agrees fo any extension of tirne of payment, either beiore w after maturity, withouf notice to an/ of us; and to pay a!1 costs of collectio~, includ;ng •
reasonable attorney's fee irt the event of any default hereundsr, and hereby severally waives all benefit of homestead and exemption uRder the constitution
and laws of each S~ate of +he United States, as against this obllgation or any extensioo or renewal hereof.
Witness the hand a~d :eal of each party. .
- s! Jis G. Russakia ~nu
(SEAI)
(SEAI)
' ~ 45.00 s/ Sheila? R. Russakis ~U
c ~ s,af~ a~~~~~ -
(ss~s:..~id..~.c.S.~.n.~ .
NOW, THEREFORE, the MORTGAGOR for the purpose of securing psymcnt of said sum of = . and the performance of the
covenants and agreements hereinafter expressed, and for dlvers good and valvable considerations, by tfiese preseNS, does grent, ba~gain, sell, remise,
release, convey and confirm umo the MORTGAGEE, its successors and assign~, all thal certain bt, piece or wrtel of land, iit~ate, lying, and being in the
County of SZ • 1'~ ~ and State of Flw~ds, described u follows:
PARCBL 1: ?he Noztb 330 feet of the Bast 300 t~et ot the NN ot
th~ NW ~ of the SW 4, Section 14, Tovmship 34 South,
Range 39 East, less and excepting rights of way !or public
roada and drainage cana2~~ St. I.ucia County~ Rlorida.
PARCEL 2: ~?he North 330 feet of the West 300 teet of the NS ot
the NW 'S4 of the Sw Section 14, Township 34 South,
Range 39 Bast~ leas and excepting r3,ghts of way for
public roa?ds and drainage c~a?nals, St. •Lucie Courrty, Floridad
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F ~r U Q C UMENTARY,~=., STAMi' jr•>= I ' OF
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~ C-' N Dff~T. GF RFV%'.~SUE '1 i RECEIVE~
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ER p1tR1?S FIA
~ ~no2 .
~ ~ ~K C?RC1H1 CWRi. S(. LUCIE
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~ together with sll and singular the tenement~, hereditaments and appurtances thereunto belaging a in anywise appertsininp thereto, and a!) ~tnts, fuues,
~ proceeds and p?ofin accruing an3 to accrue irom said premises, all of which are included in the above and fwegoing dexription snd habendum.
~ TO HAVE AND TD HO D the above dew~bed and grsnted premises umo the said MORTGAGEE, its suttessors and ~ugns forever. Md tM said
~ MpRTGAGOR fo~ --t~~---- hein, executon, administrators and assigns, hereby covenants with ths ssid MORTGAGEE, its wttessors and aui~ro,
¢ ~~at --they_ are _~aWf~iiy seized of the uid premiies in fee simple; that the ssme are free, ckar snd diuharged from all liens and encvm- 5
~ brarxes in law a in equity, and that
t~y will and t~ir heirs shall warrant and defend the title to the same to ths ssid
~ MORTGAGEE, iU successors and assigns, faever against fhe lawful claims and demsnds of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note htreinbe(ore dexribed and ihall truly, promptly
and fully perform, dixha~ge, execute, complete, comply with and abide by each and everyr the stipvlations, sgreemenri, tonditions snd tovenanri of said
prom~uory note and of this Mortgage, ~hen this. Matgage and the Estate hereby created shall cesse and be null and void. ~
- IT IS UNflERSTOOD that the word "Mwtgagor" whether in the singulsr or plural snywhere in this Mortgage, shall be singulsr if one only ~nd '
shall be plural jointly and severally if more thsn one, and that the word "their" as used ~nywhere in this Mortgage shall be faken to me~n "his," "hen;'
or "its," wherever the context so implies a admits. Also, that wherever there is a reference in the cove~ann and sg~eemenb herei~ contained to ~ny of
rhe parties hereto, the same shall be construed to mean as well ss the heirs, legal representstives, successon and assigra (either voluntary by ~ct of the
~ oa~ties w involumary by operation of the law) of the same and that the covenants lxrei~ contained shall bind and the benefits and sdvantayes inure
~ ~o ihe respective heiri, legal ~epresentatives, succeswrs and su'gns of the parti~s hereto.
~ And said Mortgagors, fa themselves and their heirs, legal repreuntatives, successws ~nd assigns, hereby joiMly and severalty covensnt and sgree
to and w;th the tsid MORTGAGEE, its svccessors and +ssigns:
,"ta~ 1. To pay all and singular thr principal and interest and the variovs snd sundry sums of money payable by virtue of said promissory note, and this
morigage, each snd every, promptly on the days respectively the same xverally becane due. '
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2. To pay all and •ir?g~lar the tsxes, atsesunents, levies, liabil~ties, obtgatiom and encumlx~nces of every n~ture snd kind now on said dewibed
~ property, a that hereafler msy be imposed, suffered, placed, levied, w assessed thereon, a thst heresfter may be levied q asse~sed upon this Mwty-
~ age, w the indebtedness secured hereby, each and every, when d~e and payable, sccwdin9 to Isw, before they become delinquent, and before ~~y intereit
~ attzches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIED AND ~ISCHARGED OF
~ RECORD F~ND TME ORIGINAL OFFICIAL DOCUMENT 1SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIAIIY ENDORSED :
OR CERi1FIED) SHAII BE PLACEU IN THE HANUS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that eny thereof is not ~
pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any pa?t thereof without waiving or affecting any option, lien, equity or
.~~ht under or by virtue of this mortgage and the fult amount of each and every such payment ~hafl be immediately due and payable snd sF~all bea~ inte~est -
~rom the date thereof until paid at rate of n~ne pcr centum per annum end together w~th suth inte~est shall be secured by tbe lirn of th:s moryta9e.
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~ ~ooK 219 ~~E 8~3
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