HomeMy WebLinkAbout1115 ~'7y904
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TNIS INUENTURE. Msde the ~t h day of APr i 1 _ n.o. iv ~4 bc~ween
Ast G. Ruasakis and Helen A. Russakis, his wifo
of St . WCi@ Co~nty florida, hereinaiter desgna~ed ss the "MORTGAGOR;' rnd FIRST ~EOERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpwation orQa„i:ed and exi~ting undr Ihs laws of ths United S~at~s of Americ+ a~d Mving in pruxipal place of
busi~eu in th~ City of Fal Pi~rce, St. lucie Co~nty, Florida, hereinafter deiiynated ai tha "MORTGAGEE:'
WHEREAS ths MORTGAGOR is ju~tty indebtsd to tM MORiGAGEE in Ihe sum of S 21 ~ 2~. 0~ 9ood and fawful money ot the United
Srates adYanced by the MORTGAGEE unto ~I~e MORTGAGOR, as evidanced by a cer~a~n prom~ssory note of even date hrre~nrith, of wh~ch the iollow~ng in
wwds and f' urei is a true copy, to-wit:
No 10020795
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s 21 f 2 ~e= 1~ t*• For1 Pierce, florida. Apti 1 16 ~ 19 74
For value received, 1, we w either of us, promue to pay,~witFouf dFfalcarion, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATiON OF {
FORT PIERCE at Fort Pierce, florida, the sum of S 21 •2 ~0' W~th intrrest from date ai the rote of 9• ~ 96 per annum, in monthly ~nstal{-
mer.rs as fol!ows: f 191• on the 2OLh d~Y of ~J/. ~q?4 and a like sum on the c«rQSpond~ng day of each month there-
after until the whole be fully paid.
Each installment first shall be appfied in payment of the inrerest and then o~ the unpaid balance of the princ~pal sum. If default is made in the
pa~mrnt of any instat~ment when due, and such default continues 30 days, then at ?he option of the holder, and without any other notice, all the remaining
~ns~aNments shaft kx due a~d payabte at once. Privilege is given to prepay this note in whole ot in part at any time withouf penalty. Neither forebearance,
nor acceptance by the holder thereof aftrr any default in any payments hereon, shall be deemed extension. A late payment charge of S 9. 55 shall be
addzd to each installment remaining unpaid 7 daya afler its due date, and a tike sum shall be added to each such ins~allment remaining unpaid 7 days aftet
each s.xceeding payment date.
Exh maker, surety and endorser hereof, joinlty and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further
agrees to any extension of time of paymcnt, either before a after maturity, without not~ce ro any of us; and to pay all cost: of co~lection, inctud~ng a
reasonable attorney's fee in the event of any defau~t Fxreunder, and hereby severally waives alI benefit oi homestead and exemption unde? the constitution
;nd laws of cach State of the United $~ates, as againat this obligation w any eatension or renewal hereof.
Witness the hand and seal of each party.
(SEAI)
s/ Art G. Russakis (SEAI)
(SEAt)
s/ Helen A. Russakis ~5~~~
~ 531.80 ~ S+ate Revenue •
~ 21 200.00
NOW, THFREfORE, the MORTGAGOR fa the purpose of securing payment of said sum of = ~ and the pe?formance of the
covenanta and agreeme~ts hereinafter exp~essed, and fo~ divers good and valusbte consideratio~s, by these p~esents, dces g~ant, bargain, sell, remise,
retease, convey and conf~rm unto the MORTGAGEE, its successors and assigr.s, aIl that certain lot, piete ot partel of land, aituate, lying, and be~ng in the
Covny of $t . Lucie snd State of Fbrlda, dexribed +s (ollows:
Lots 1~2~3~4,5,6,7,8,9, 10 attd 11~ B1oCk 6~ PINBHURS? SUBDIVISION~ as per plat
thereof on file in Plat Book 6, Page 9, Public Records of St. Lucie County, Florida,
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~ rogether with aIl and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, issues, $
~ proceeds and prof~ts atcru~~g and to acuue from said prem~ses, all of which are included in tF~e above and foregoing deuription and habendum. :
TO HAVE AND TO HO1D the above described and granted prem~ses unto the said MORTGAGEE, its successws and +ui9ns forever. And ti+~ said ~
thelZ - he;rs, exautors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its succeuors a~d suiyru,
~ MORTGAGOR fa -
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r~: rhat - lawfufl seized of the said emises in fee sim te; that the same are free, de~r and dixhar ed from sll liens and encum~
brances in law or in equity, and that they will and thel! heirs shall warrant aod defend t}x title to the s+ma to the said '
MORTGAGfE, in sutcessors and assigns, forever sgainst the lawful claims and demands of all persons;
' PROVIDED, AlWAYS that if the MORTGAGOR ~hall psy unto the MORTGAGEE the promissory note hereinbefue described snd shall truly, promptly
and fully perfwm, discharge, exccute, complete, comply with and ab~de by each and every the stipulatio~s, sgreements, conditions and covenants of uid
= pram~ssory note snd of this Mortgage, then this Mortgage and tfie Estate hereby created shall cease and be nvll and void.
IT IS UNDERSTOOD that the word "Mortgsgor" whethe? in the singular or plural snywhere in this Mo?tgsge, shall be singular if one only and i
: shall be plural jointly and severally if more than one, and that the word "their" as vsed snywhere in this Mortgsge shsll belaken to mea~ "his;' "hen;' ~
- or "iti;' wherever the context so implies w admits. Also, thst wherever there is a reference in the covenants and sgreementa herein contained to ~ny of
rhe parties herero, the same shatl be construed to mesn as well ss the heirs, legal rep~esentatives, successws and assgns (either voluntary by stl of the
partiq w invotuntary by opentan of the law) of the same and that the covenants herein tontained shall bind +nd the benefits and adwntages inure
ro the respective heirs, feg+l representatives, succeawrs and ~ss'gns of the parties hereto.
And said Mwtgsgo?s, fw themselves and their heirs, legal representatives, successors and auigns, hereby jointly and severally covenant and agree
ro snd with the taid MORTGAGEE, its successws and assigns:
1. To pay sIl and singular the principal and intereat and the various and sundry sums of money payable by virtue of said promissory note, snd thi~
- matgsge, each and every, promptly on the days ?espectively the same severally become due.
2. To p+y all snd singular the ta:es, assessrrKnts, levies, liabilit~e~, oblgations and encumbnnces of every nature and kind now on ssid dewibed
~;ti property, o~ that Fxreafter may be impo~ed, tuffered, pleced, levied, or sssessed thereon, o~ thst heresfter may be levied a assessed upon tha Morty-
age, a the indebtedneu secured hereby, exh snd every, wlxn due sred payable, xcadinp to law, befwe they become delinquent, snd before ~ny iMeresl
atraches or any pena~tY ~s incurred; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME SHALL 8E PROl~1PTLY SATISFIED AND DISCHARGED Of
~ECORD AND 1NE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATfSFACTION PAPER OFfIC1AlLY ENDORSED
= OR CERTifIED) SNAII BE PLACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that sny thereof is not
paid, saYsfied snd diuharged sa'd MORTGAGEE may at any time pay the same a any part thereof without waiving w a~feUiny any option, lien, equily or
•t~ht unda w by virtue of this mo~tgage and the full amount of each and every such payment shall be immediately due and payable and shall bear inte?est
~.om the date thereof until pa~d at rate of ntne per centum per annum and together w~th su~ iR1e1,rf~rV be uc~e,~ ~~e lien of th:s morgtage.
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