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HomeMy WebLinkAbout2275 ~:~~~s • ~ ~ • • • ~ iHIS,INGENTURE, AMd~,tli• Znd d~y of April A.D. 1974 be~wek? David L. Rude and Mary 1.. Rude, his wife _ of St. Lucie ~punty Florida, hs~t~nafta dtig~eted as tM "MORTGAGOR;' ~nd FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIFRCE, a corpaa~ion orya~ized and ex~~~inp unde~ th~ laws of tM U~lted St~t~s of America ~nd havirg iq princip~l place of bu~a in tM City of. Fort PiKU, St. luci~ Cou~ty. Florida, I+ereinaftn deiip~a~~d as ~hs "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly Indebt~d ro tlw MORTGAGEE in 1M sum of S 1O . 9~d and lawful money of the Un~ted Stata advanced by tM MORTGAGEE unto 1M MORTGAGOR, as evidenced by a certa~n promiuory nots o( even date he~ewith, of wh~ch the tollowinp in words ~nd f' urq h• trw topy, fo-wit: lO~~~l 3 s 10 O~ . 00 f Fort Pierc~. Fiwida. Alpi 1 2' 19 74 For value rcteived, 1, we o~ either of us, prom~u fo pay, wilhoul defalcation, to the order of fIRST FEOERAI SAVINGS AND LOAN ASSOC~ATION OF FORT PIERCE at Fwl Pierce, flaida, the sum of = 1O w;th interest from date at the rate of 8• 7~ per annum, in monlhly install- menn u follows: S 89 on the ~th d,,, of Julv , 1q_74 ~nd a Gke sum on tM cwrespond;.g day of each mor~~h t:.ere- efter until the whole be fully paid. Each irtstallment f:rst sha{I be applied in payme~t of the inte~est and then on the unpa~d balance of the principal wm. If defavlt is made in tl~e ~ payment of any installnxnt when due, and such defwU continucs 30 daya, then at the optan of the holder, anc~ without azy other notice, all tfie rema~T~ing ~nstallments shalt be due and payabla at once. Privilege is given to prcpaY this note in whole w in part st sny time witha:t penatty. Ne~it~he~r~ f~o+rebearaece, ~ nor acceptance by the ho~der thereof after any defauM in any payments hereon, shsll be deemed extension. A late pay~+em charge of i~Leu~ sha11 be added to each installment remaining unpa~d 7 days after ib due date, and • like sum shall be sdded to each such instaltmen! remaining ~npaid 7 days ~f~er ~ each sutceeding payment date. ~y E+ch maker, surery and endorser hereof, joi~tly and severaliy, waives demand, presentmen~ protest and notice of protest for nw+pay~x*N. and further agrees to eny extension of time of payment, eithe? before w after maturity, without notrce to any of us; and to pay all co~ts of coilection, incl~?d~ng a reasonable attorney's fee in the event of any default hcreunder, and hereby severally waives all benefit of homestead and exemption under the tonstitutiw~ and laws of each State of the United States, ss against this obli9ation or any extrnsion w renewal hereof. Witness the hand and sesl of each party. S/ David L. Rude ~ . .l , ; ~ ' / - = - tsV?U + ~ S/ I~iary L. Rude ~ . ~ ~ ~ 1 S. ) State Rerenue ~~~NOW, THEREFORE, ths MOR GAGOR iw the purpou of securinp payment of said sum of S 1O . ~^d P~formance of ths covenants a~d sgreements hereinafter eapressed, a++d for dive~s good and valwble conaide~ations, by these p~esents, doea g~a~t, barysi~, x~l, remise, release, convey and confirm unlo the MORTGAGEE, ib successors and ~uigns, all that ce~tain bt, pieoe or parcel of Isod, situate, lying, and beirg in ths St. Lucie ~ County of end State of Florida, desvibed a~ follows: ` Lot 8, Block 7, LAKEWOOD PARK, tJNIT ,~1, as per plat thereof recorded in Plat '~ook 10, page 51, of the Public Records of St. Lucie County, Florida. ~ " S-T'p,"f'E ~,F F~JR`rJ" ~,i ; ~ j~MP tr x I ~ ~uMEH1AR ? s~______---, ~ cZ °C~ ~f i~i bf REVEHUE f r~'`~.k. O O I =r ~ " _ • ~ ~ 5. 1 aE~nrm ~ rrv ~N w?rr~Exr oF vucs ~ _ r: . N-~e. - 1 DUE OM CUISS'C INTIINGIBIE PERSONAL PROPERIY~ = ti~oz PURSIIANT TO Cf1APTER 71-131. ACTS OF 1Y71.~ ~ ~ ROGER POITfiAS `p ~ CLERK C1RCUfT COURT, S~. lI1CIE 00, FlA ` 3 : rogether with all and singulsr the tenementi, hereditamenb and appurfa~ces thereunto belonging w in anywise appert+ini~9 therefo, and all rents, issues, proceeds ~nd profits acuuing and to scvve from said p?emises, all of which sre included in the +bove ~nd foregoiny destription and hsbendum- TO HAVE AND TO HOID the sbove described ~nd granted premises unto the said MORTGAGEE, its successus and suigru forever• Md ths s~id MORTGAGOR for their executors, sdministrators and assgns, htreby covensnb wit6 tlx ssid MORTGACaEE, ita wtcessas ~nd ~sfi~s• the are rhat lawfully seized of the said premises in fee simple; tF~st the same ue free, ckar and discFwrged from all liens entvn?- brances in law or in equity, and thst they w~~~ s~ their he~n sh~ll wsrrsnt and defend the titte to the same to the said ~ MORTGAGEE, its successors and auigns, fwever againsf the Iawfvl claims snd demands of all penorn; PROVIDED, AlWAYS thst if fhe MORTGAGOR shsll pay unto the MORTGAGEE the promisswy note herei~before described snd sh+ll truly, promptly ~ " and fully perfwm, diuhsrge, execute, comp~ete, comp~y with and abide by esch snd every the stipulsYio~s, sg~eemenb, conditiora and covenanri of said ~ promwsory note snd of this Mwtgsge, then this Mortgage ano the Estste hereby ueated shall u~se ~nd be null end wid. ~ IT IS UNDERSTOOD that the word "Mwtgagor" whether in the singulsr w plu~al anywhere in this Mortgape, shall be sirgulu if ax only and ~ shall be plvrsl joiMly ar~d severslly if more th~n one, snd that the wwd "their" ss vsed ~nywhere in fhis Mwtgage shall be taken to mesn "his: "'hen;' i ~r~ or "its,' wherever Ihe context w implies or admits. Also, that whereva there is . reference in ~he coven~nn +nd agreemenn herei~ coms~r?ed to .ny of ; ~z rhe psrties hereto, the ssme shall be cw~strued to mean as welf ~s the heirs, kgal rtpresentstives, s~?ccesson u+d ssigns (either voluntary by ~ct of tlw ~ parties or involuntary by opcration of the law) of the same and that the covenants herein tontained shall bind ~nd tl?e benefiri snd sdv~nta~es inun ~o ~ ro the respective heirs, kgsl representatives, successors and au~yns of the psrties hereto. j~l6 ~ ~ /?nd said 14Aortgagors, for themselves and their heirs, legal representatives, succeswrs and +ssiyns, hereby joi~tly and severally wvenant and ayree ~ to and with ttx said MORTGAGEE, ib successors and assigrts: 1. To pay ~II and singular the principal and interest snd the vsriovs snd sundry svms of money paysble by virtue of said promissory note, and thu mortgage, each and every, promptly on the dsys respectively tix same severally become due. 2. To psy dl and singular the taxes, ~ueu?nenb, levies, liabiiitief, obligaYa~a snd enc~mbrances of every nah+re and kind now on said desv~ed properiy, ot that here~fte~ m+y be imPoted. wffered, plxed, levied, or auessed the?eon. or th~t he?eafter may be kvied a aaseued vpon this Mort¢ ~ age, o~ the indebtcdneu secured hereby, euh and every, when due and paysble, sccordinp to law, beiore they become delinqwnt, and before a~y imaest attaches w any pen+Ny is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHAII dE PROMPTLY SATISFIED AND DlSCHARGEO OF RECORD AND THE ORIGIPiAI OFfICIAI OOCUMENT (SUCN A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY EN~ORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the evenf thaf any thereof is not paid, stt'sfied and dixharged sa:d MORTGAGEE may at any time pay the same or any p+?1 Ihereof withovt waiving w affecting sny option, lien, equity a ~ ~ •~qht under or by virtue of thii mortgaye snd the full amovn~ of each and every s~rch payment sMll be immediately due and payable and shall bex i~tetest ~ ~.om the date thereof until paid at rate of n~ne per centum per a~num and to~ether w~th iuch i~terest shsll be secured by the lien of th:s mwytape. - - . . _ _ ,~~,r - . 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