HomeMy WebLinkAbout1781 ' ~l6th M~rch A.u. ~q 74 between
TF~S ~~RE.+jyja~ ~~~,:..T, _ day of
Donald H. Slusher and BeatYice SYushex, his wife
of St. LuC~@ ~a,~ry Flo?~d~, hs~e~n+f~e~ d~i~9^~ted tM "MORTGAGOR;' ~~d fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT P~ERCE, ~ torpwatio~ orpsni:~d ~nd ~xistinp urxla th~ lavrs of tM United Su~q of lunsric~ u~d havinp its p~intipaf pi~c~ of ~
busin~ss in th~ Ciry of Fort PiKa. St. l~ci~ Go~nty. Florid+. 1+~?einaft~~ d~slynat~d ai ths "MORTGAGEE."
WHERfAS tM MORTGAGOR is ivftly indtbled to t1» MORTGAGEE in the sum of i 32 ~BOO~ ~0 +^d lawful mo~ey of the 11n:tnd
5t~t~s ~dvancsd by tha MOR(GAGEE v~to Ih~ MORiGAGOR, ~i evidenced by a certain promiuwy not~ of even date herew~th, of wh~ch the foiiowiny in
worda and fgurn h• t~w copY. ~o-wit: ~ 10020742
= 32.800.00 Ma,rch 26 19 74 ~
Fwt Piern, flwida,
fw valw received, 1, we o~ eitMr of us, promise topa y, wi~hout dafalcation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOC~ATION OF
fORT PIERCE af Fat Pierca, florida, the svm of t 32 ~8W~~ with interest from date a1 1he r~te of 8' 9 96 per an~um, in monlhly install-
ments ~s follows: i 2~ on ths 2~th ~Y of ~Y 19 74 and a like sum on tF?e cwraspondinp day of each month thero-
after un~il the whole be fully paid.
Eath installment firil shall b~ applied i~ psyment of tha interest ~nd then o~ the unpaid balance of the prir+dpal sum. If defauh is made in the
payment of any installmem when due, and wch default continuea 30 days, then at the eption of ths hotder, snd without any other notice, all the remainiog
installmants ih+ll be due sr+d payable at axe. Privilege is given to p?epay this note in whole or in p~?f at ~ny time without pe~alty- Ne14 80 rsnce,
nw scc~pta~ce by 1he holder thcreof after ~ny default in snY paYments hereo~, shatl 6e deemed extension. A late payment charge of = • shsll be
addod to each installment remaininy unpaid 7 days after its due dafe, and a like sum shall be added to each uxh installme~t remaining unpaid 7 days afte~
each wcceeding paYmem date.
Each maker, surety and ee~dorser F~eof, jointty and severally, wsives demand, preseMmcro protest and notice of protest for nw~paymenf, and fuhhe~
agrees to sny extensan of time of paymen4 either befo~e or after maturity, without notice fo any of us; and to pay all c~sts of mllection, i~cluding ~
reasonable attaney i fer in the event of a~y defauit hereunde~, and hereby severally waives all benefit of homestead and exemption u~der 1F~e conatitulion
and laws of exh S~ate of the United Statm, ss agsinst this obligatioo w any extension w renewal hereof. _
Witness 1he hand a~ sesl of exh party.
. cs~?u
. s/Donald H. SlusheY ~nu
. cs~?U
s/Beatrice Slusher ~u
~ 49.20 1 Stat~ Revenue
t5r°'np' e~naMed e~w1~"°") 32 , 800. 00 ~
NOW, THEREFORE, the MORTGAGOR fw the purpose of secv.ing payment of said sum of S +nd the perfotmsnce of tM
coyenants and sy~eements hereinalte~ expreucd, and for divcrs yood and valuable consider+tioos, by thes~ presenti, does yrant, bar~aio, sell, remise,
re4ease, convey ~nd tonfirm unto the MORTGAGEE, its successors ~~d sulgns, all that ccrtain lot, piece or putel of land, situate, lyinp, and beiog in ths
~~~~y af St. LuC~e - and S~ate of Flor~ds, deivibed ~s fdlows: ,
South of Lot 15, all of Lots 17 and 19, Block 2, CSN'TRAL WHITB CITY SUBDIVISION,
according to the plat thereof on file in Plat Book 5 at Page 63, Public Records of
St. Lucie County, Florida. -
~r'A ~
,n ~ + ME AR
~ S qM-~A } ;
EYENUE ~i O I
4 0~ t.Of O
~ Y.- Q L?~p - ~k `741~ - 4 9. ~ ~ ~ PA~~~
N _~,iot RE~~ ~NT~lIGISLE PfR~ 1911.
o ~ ~ TO CW1P"R 71-134. ~ ~~3"~
PURS~T RpGER P~~~S
q~pX CIRW~T DOUR~. St. WCIE GO.. ~
together with •II and singular the terxments, hereditaments and sppurtsnces thereunto betonginy or in anywise appertainirg tfiersto, and all renb, iuues.
proceeds and profits xuuing snd to acuue from said premises, all of which are irxluded in the ~bove and fore~oirg desaiptan ~n~ h~bendum.
TO HAVE AND IQ HQLD the above desc~~bed and 9rsnted premises unto the said MORTGAGEE, in successors and suiy^s f°reve?• And th° Nid
MORTG fo~ tAelr heirs, executors, administrston ~nd suigns, hereby covenann witfi the t+id MORTGAGEE, its suttesso?s +~d +ssip^s,
that ~~y a!e - Iswfulty sei:ed of the said p?emises in {ee simple: that the same ~re frae, ckar and dischiryed fran all liens snd ancvm-
brances in law w in equitY, and that they will and their hein sMall warra~t and defend ths title ro the s+m~ to the s+id
MORTGAGEE, in wcceuus and suigns, forever agsinst the Iswful claims and dem~nds of all persan;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the NWRTGAGEE the promiswry note hereinbefwe dewibed u+d sh+~~ t?u~Y. P~omPtly
and fully perfwm, dischsrge, execute, compkte, comply with and ab~de by esch snd every the stipulat~ora, ayrcements. ~a+d~~ions a^d ooven+nn °f H~d
promiuwy note and of this Mortgage, then this Mortgsge and the Estate hereby veated shsll teue and be ~ull ~nd void•
IT IS UNDERSTOOD tMf the word "Mort9sgw" whether io the sirgular w plurel ~~ywhert in this Mortgs9e, shall b~ sinpula? if a+e only ~nd ~
~ shsll be plu~~l jointly and severally if more than one, and that the word "their" as used ~nywhere in this Mort9spe sh~ll be Nken to mean "ha:• •'hen;•
or "its:' wherever the tontext w implies or sdmits. Also, that wherover there a• reference in the covensMS u~d agreemenb herein contained to ~ny of
~ the ps?t~es hereto, the same sh~ll be constrved to me~n u we~l as the hein, leysl rtpresentatives, succeuors and suiyru (either volvntary by acf of the ~
parties w involuMary by operation of the Iaw) of the ssme and that the covensnts hersin contsined shsll bind u~d the benefib and advaMayes inw~ ~
ro the respedive he'us, kysl representativq, successon and ~u°9ns of the panies hcreto.
Md si~d Nlortgsgors, for themselves and their heirs, legsl representatives, succeuon arx! ~uigns, hereby joinNy and stverally covenant ~oJ ayree
to and with the said MOR7GAGEE, its svccessors ~nd auigns: ~
1. To pay sll and singular tFK printipal and interest snd the vsrious and sundry surtu of money p+Yabk by virttie of said promiuory note, and this ~
- morty~ye, eKh ~nd every, promPtly on ti+e days tespectively the same severally become dve. ~
* 2. To p~y ~II and singular the taxea, sssessmenn, levies, liabilities, obligations a~d encumbrances of every nature and kind now a+ said desc?ibed ~~t
~ PropeHy, or that hereafter msy be imposed, wffered, placed, levied, or assessed thereon, w that here~fter msy be {evied w usessed ~Pon this Mort~'
sge, a the ind~btedness secwed hereby, e+ch and every, when due sod pay+b{e, xcordirg to law, before they become delinquent, and b~fore aoy imer~st o0
attaches or any pen+Ity is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAINE SHAII dE PROMPTIY SATISFIED AND DISCHARGED OF
RECOR~ ANO THE ORIGINAL OFFIGIAL OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC110N PMER OffICIAIIY ENDORSED
OR CERTIFIEO) SHAIL BE PLACEO IN THE HANDS Oi SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER pAYMENT; +nd i~ the event that any thereof is not
paid, sat'sfied and discharged ss;d MORTGAGEE may at any time pay the same w+ny part thereof witlw~t waiving o~ affecting any option, lie~, equity o~
.:qht under or by virtue of this mongaye and the full amount of esth and every tuch payment shali be immediately due +nd psy+bk ar+d shall bear interes~
~rom the date thereof until paid at rate of nine per centum per an~um and together with such interest shall be secured by the lien of th:s moryta~e.
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