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Home My WebLink About1171 . : 2`7'78~`7 THIS INDFNTURE. Mad~ the 6th ~y of 1a~ch ~ _ . - A.D. 19 be~Wea'? Louis R. Rantus and ~elicia E. Rantus, his wi`e _ of $t . 1.I1C 1P County Florida, he~einafter designated as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCUTION Of FORT PIERCE, a corpaation w9~nized a~+d exi~~in9 under Ihe lawvi of 1M United Statas of Ame+ica and havin9 its p+incipal plac~ of bu~i~ats in tM City of Fort Piac~, St. l~ci~ County, fiwida, h~rcinaf~~r designated as th~ ';MORTGAGEE." WHEREAS ihs MORTGAGOR is jvuly indebted ro ths MORTGAGEE in ihe sum of = 33,000.0~ ~ 9~ a~ lawf~t money of the Un~ted Srat~s adv~nced by the MORTGAGEE unto the MORTGAGOR, as evidtnted by a cHta~o {xom~ssory nole of even date herewith, of whlch ths tollowinp in words ~nd ures is a trvs copy. to-wi~: ~ 1~~~75 ~ 33,00~.00 ~ Fo.~ Pi..c•. Fi«~d,, '•larch 6 19 74 Fw value received, 1, we w either of us, promise to pay, without defalcarion, to Ihe order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fo~t Pierce, flwida, the sum of s 33 ~~O. ~ with interest irom date at the rate of 8• 750Yo per annum, in monthly install- ~*+enn as fottawi: ~ 272 on the 20th day of .1une ~q 74 and a like s~m on the correspond~rg day of~each month there- after vntil the whole be fully paid. Eath installment first shall be applied in payment of the interest and the~ o~ the unpaid balance of the princ~psl sum. If default is made in the payment of any instaltment when dve, and such default contin~es 30 days, then at the option of the holder, and without any other notice, all the remain~ng ~nstallrt+ents shall be due and payable at or+ce. Privi:ege is g~ven to p~epay th~s note in whole or in part at any time without pe~a~tY• N 13 60 ~rance, nor acceptsnce by the holde~ thereof after any defau~t in aoy paymcnts hereon, shall be deemed extension. A late paymeM charge of ~ • sh~~l be added to eacA installment remaining, unpa~d 7 days after iri d~e date, and a lilce :um ahaU be added to each such ins~allment remaining unpaid 7 days s(te~ each sixceeding paymenl date. Esch maker, surety and endorser hereof, join~iy and sevcrally, waives demand, presentment protest and notice of protest for no++payrrxnt, and furfher agreet to s~y extensio~ of time of payrt+ent, either betore w after maturity, without not~ce to any of us; and to pay all costs of collection, includ~n~ a re~sonable attor~ey i fee in the event oF any defautt hereunde?, +nd hereby severally waives all benetit of homestead and exemption under the constitvtion and laws of each State of the United States, as again~t this obligation w sny extension or renewal hereo ~ Witneu the hand and ~eal of eacl? party. (SEAU ~ Louis R. antu ~ (sewt) s Felicia E. Rantus ~ ~ 49 . 50 ) State Revenue tstsmps..~ancd~.d. on.aripioai ~ot.1 33 000 00 NOW, THEREFORE, the MORTGAGOR fw the pu?pose of secu?ing paYment of s~id sum of i ~ • and the performance of ths coven~nts and sgreements hereinafter expressed, and fw divers good and valuable considerations, by tfiese preunts, does gr~nt, bar9ain, sell, remise, retease, convey and confirm unto the MORTGAGEE, iri succeuors and auigns, all that certain bt, piece or pucel of land, situate, lying, and being in the ~ St . Lucie and State of Fbrida, described a~ follows: Lot S, Block 41, LAKEWOOD PAPK UNIT NO. 5, as per plat thereof on file in plat Book 11, page 5, of the pLtblic records of St. Lucie Coeuity, ~lorida. k s A ' ~ ~ ~vD~ ~~g,n. ~ G 6 ~o~ ~ R~ ,~t~, ~ ~S ~ i W~ ~N cu 0~~ Ep pR~~ m+ ~ - ~ 5-1--~~ - ~u,~ ~ 3 `s " _ ~r ~Q~t1/H~~ 7~ ~ Gpql~ ~ ~ Ut~`'El~tTq ~ ~ e. T. df REYF ~uR~ ~ R; ~.q r n' N - pa ' %~.:,ct)•l~ ~ 'f 1 l~ a.' ~ o ~ tlir~=~ ~ t . t. - 4 9 5 p~ ~ 1 together with all and iu+gular the tenements, hcreditamenri snd appurtartces thereunto belonging or in +nywise +PPe*t+~nirg thereto, a~d all rents, iuues, prxeeds and profits acuuing and to accrue from said premises, all of which are irxluded in the above a~d fore9oing descripYwn snd habend~m. ~ TO HAYE AND TO HOID the above dewibed a~d granted premises unto the said MORT6AGEE, its succeuo?s and ~ui9^s foraver. Md t1~e ~+id their MORTGAGOR for hein, executors, sdministrators and assi3r?s, he?eby covenants with the said MORTGAGEE, its suaeswn a auigro, rhat thev aTe _ lawfully se~zed of the said premises in fee iunple: that the same are free. cksr ~nd discharged from sll lieiu and encum- brances in Isw w in equity, ar+d that they W~~~ L hell ~;~s w~rrant snd defend the titk ro the wme to tF~e said MORTGAGfE, iri successors and augns, forever against the lawful cls'xns and demsnds of all perwns; ~ PROVIDED, ALWAYS thst if ttx 1NORTGAGOR slisll pay unto ths MORTGAGEE the promiuory note hereiebefore descr'bed u'd sha~~ truly, promptly and fully perfwm, d~scl+~rge, execute, compkte, comply with and sbide by each a~d every the stipulations, agreemen». condii~ons +nd covena~ts of said promissory rate snd of this Mortgage, then this Mortg~ge and the Estate hercby ueated shall ceas~ snd be null and void- y`'~'- IT IS UNDERSTOOD thst the word "Mortgsgor" whethcr in the singulsr w plural ~nywhere in this Mortgs~e, shall be singulu if one only and nhall be plural jointly and severally if more than one, snd that the word "their" as used snywhere in this Mortgsge shall be tsken to mean "F~is:• ••hen:• ~ or "its;' whereve~ the context so implies or sdmirs. Also, that wherever there it s reference in the coven~nts snd agrcemenri Ixrein contained to ~ny of ~ rhe psnies hereto, the ssme ~hall be construed to meso as well as the heirs, legsl rep?esentstivet, wcusson and suigns (either votuntsry by sct of the . parties or involunts~ry by operation of the law) of tF~e ssme and that the covensnts herein contsincd shsll bind and the (x~efits ~nd advant~es inwe ~ to the respec~ive heirs, leyal represematives, successors and ass~gns of the psrties hereto. qnd said Nlortgsgors, fw themselves and their heirs, legal representatives, s~ccessors and auigns, hereby joimly and severally covensnt and ayree j ro and with the said MORTGAGEE, its succesaors and euigro: ; To p+y all end singulsr the p?i~cipal ~nd imercat and the various and sundry tums of money psysble by virtve of ssid promissory note, snd this y mortgsge, exh and every, promptlY on the dsys respectively the same severslly become due. % 2. To psy all ~nd singutsr ttx taxa, aueasments, kvies, lisbilities, obligstio~s and enc~mbraixes of every nswre +~d kind now on said dewibed ' r~- props?ry, w that fiereafte~ may be imposed, wffered. placed, levied, or +ssetsed thereon, w 1Mt heresher msy be levied w sssessed upon fhis MortQ- ~ age, a the indebtedneu sec~red hereby, e+ch a~d every, when due ~nd psyable, sccordirg to law, befo~e they become deN~que~t, and betore any imerut ; atraches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAIL 8E PROMPTLY SATISFIED ANO DISCHARGED OF RECORD AND TME ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX REGEIPT OR THE SATISfACT10N PMER OFFICIAIIY ENDORSED } OR CERTIfIED) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in tF~e event that any thereof is r+o~ ~ pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time psy the same o~ any ps+t thereof withovt waiving w sffecting any optan, lien, eqvity or s ~ •~s~ht unde~ or by virtue of this mortgage and tlx full amount of each and every such psyment shall be immediately due and payabk snd shall bear interes? srom the date thereof until psid at r~te of nine per centum per annum snd togefher with Mll be~~~ the lien oi th:s morgtage. `.s,'~' eoo ~~.~J ~aGE ~ ca ~ ~ Y ; - - _ . ~ ~ S v. - ~^r __y .