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Home My WebLink About1206 v Y . , ~ . . j \ ~ ~ i ~ ` { . 0'74 , - THIS IN~ENTURE, Mad~ the ~th day of .TU11e A.D. 19 74--- betwa~n Rillie R. ~:ruwell ancl Lin~a c:. rrutAell, his pife _ ^'~i' ~ . ~ ef St. ~.ucie Cpunfy Flwida, hereinaiter desgneeed as the "MORTGAGOR," and FIRST FEDERAI SAVINGS ANO IOAN ASSOC,IATION OF fORT PIERCE, ~ torporation wganiied and exi~tinq unde~ ?hs ia•NS of the United St~qs of America aod hsvinp its p~incipai place of busineu in ths City of Fort Pierce, St. lucis County, flaida, hereinaHer designated ai ths "A1pRTGAGEE:' WHEREAS the MORTGAGOR is jo~tly indabted to the MORTGAGEE in the sum of 5-1~-t~-,--. 9ood a^d lawful mooey of the United S~ares advanced by th~ htORiGAGEE un~o the MORTGAGOR, as evi~lenced by a certa~n prom~s~wy nott o~ eyen date herew~th, 01 wh~ch the foilowi~•y in worda and figures is a frue copy, to-wit: ~ ; 10,300.00 . ~ 10020920 forl Pierce, Fiwida, J~ne ~ 1974 fa vatue received, 1, we or either of us, prom~se to pay, without defalc~ricr,, ~o the ordrr of FIRST FEDERAL SAVINGS AND IOAtJ ASSOCIATION OF FORT PiERCE at Fort Pierce, Florida, thr s~m of S-1OL3~0•.~ - w,th ~n~trest irorn date at ?he rate of Q-7~ pe~ annum, in monthly install- 98.00 20th Jul po r+~ d r~ ` ~~,e~n as toliows: i- - o~ ~he daY oi y 19. 74 and s like sum on the cares ~di a of each month there- ar!er until the whole be (ully paid. ' Each installmcnt iirst shall be app!ied in payme~~ of 1he interest and thrn cn the unpa~d ba~a~ce of the princ;pal sum. tf defa~lt is made in the ~.;;ment of any imtailment when due, and such detaull cont~nuea 30 days, then at ~he opt~on of the holder, and without any other notice, all Ihe remaining ;:~i~allmeNS shall be due and payable at cnce. Privitege is given to p~epay this note in whole w in part at any time without penalfy. Neither forebearance, nor acceptance by ihe holder ~hereof after any default in any payments hereon, shall be aeemed ex~ension. A late payment charge of s~aQQ-~ shall be {dded to each installment remaining uapa~d 7 days after its due date, and a l~Me swn sh.;U be added to each such ~~stallment rema~ning unpaid 7 days aitet each succeedi~g paYmeM date. Each maker, surety and endorser hereof, ~ointly and severafly, wa~ves demand. presentment protest and notice of protest for nonpayment, and further egrees to any eatension of t:rne of payment, e~ther betore or after matu:ity, wiihaut not.ce to any of us; and to pay a!i costs of collection, including a r, ~acnable atrwney's fee in the event of any defauit hereundzr, and hereby seve•ally walves all benefit of homestead and exemphon under the constitWion ,nd iaws of each Srate of the United States, as aga~nst this obG9ation o~ any e:trnsion or rcnewal F~reof. Wit~eas the hand arK! seal of each party. S~t31111 @ B 2'1~1Ne 11 (SEAu s/i inda ~ruwell ~?t) cs~?u cs~nu ~ j 15 . 4 5 State Revenue --:5+ar„pt eenceHed on ert~Reet-noteT' NOVV, THEREFORE, the MORTGAGOR (w the purpuse of securing payment of sa~d sum of S 1~ ~ 3~ , a~d the pe?fortnance of the corenants and agreeme~ts he~einafter expressed, and fw divers good ar:d vaiuab!e cons~derations, by these presents, does qrant, bargain, u11, remise, T ._~e3se, convey and confirm unto the MORTGAGEE, its successora and assigns, al~ that certain lof, piece w putel of land, situate, lying, and being in ihe County of $t . LUCle ~ and State of Florids,.desuibed es follows: ~ _ . ~ Lot 25, Rlock 3, RIVER PARK t7NIT 3, as per plat thereof on File in Plat Pook 10, Pa~e 80 of the ~ Public Records of St. Lucie County, ~lorida : ° STA E ~F FL.ORIDA. ~ ; r•" DOCUMENTARY,~;.>;;~STA____MP TA?':I `"Z DEPT.Oi REVfNUf'.~'` ? ` if ~ _ _ ~~~to•~~i=~-~~:-. i 5. 4 5 ~ - N F m _ :PB~.2 "+?F ~ € o - ~ ~O. RECEIYED IN PAYMENT OE TFi%ES ~ DUE ON CLASS 'C INTANGIBLE PE~~3::~L PRO?ER(Y, ~ pURStIANi TO CFiAPIER 71-13~i, ACTS Of IYJI. ROGER PO(TRAS Y~ ~ j~ ~ . QFJOI CtROUIT OOURT~ Sf. LtlCE 00~ FtJI ~ ~e~ether with all and singu!ar the tenemems, he~ed~taments and appurbnces thereunto be{o~ging p in anywise apperlaining therefo, snd al) renb, iuues, ~~oceeds and profits accruing and to accrue from said premises, all of which are included in the above and foreqoing desctiption snd habendum• ~ TO HAYE AND ?O HOLD ~he above desu~bed and granted premises unto the said MORTGAGEE, itf tuccessors and auiyns fwever. And tha s~id :'ORTGAGOR for ~hgir_____ executas, administrators and assign~, hereby covenants with the said MORTGAGEE, it~ suctessws and auipra, ,,,~t _~h~~a r~___ iaWf~ny seized of the said prem~ses in fee simple; that the same are free, clesr and dixhargad from sll liens and enc~m- thei r t~ances ire law or in equity, and that they w~~i a~d heirs shsll warnnt and defend the title to the ssme to tF~e iaid ~ :',ORiGAGEE, its successo~s and assigns, forever against the lawful tlaims and demands of all persons; ~ PROVIDED, ALWAYS tha~ if the MORTGAGOR sha~l pay unto the MORTGAGEE the promissory note hereinbefore described and sF?all buly, promptly ~ :-d fully perfwm, discharge, execute, comptete. comp~y with and abide by each and every the ttipulations, agreements, condiYwns ~nd covenanri of s+id _;-c~vssory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shaH cesse snd be ooll and void. ~ ~ IT IS UNDERSTOOD that the wwd "Mortgagw" whether i~ ihe singu?ar w plural anywhere in thii Morigage, shall be singular if a?e only ~nd 4 ~ ~ ~ shall be plural joinNy and severally if more than one, snd that the wwd "~heir" as used ~nywhere io this Morly~ye shall be tsken fo mesn "his;' "hen," T~ ` o~ "its," wherever the contexr so implies w admits. Also, that wherever therc is a reference in the covensnts and agreements herein contained to any of t ,he parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successon and ~ssigns (eitF~er volunury by acf of tl» ~i ~o i c;art~es or involunta?y by eperation of the law) of the same and that the covenants herein contai~ed shsll bind and the beaefiri and advsnta~es inurt ~ : +o the respective heirs, legal representatives, successas and ass'gns of the parties hereto. , ~ And said Mortgagors, tor themselves and their heirs, Iega) representatives, succESSas +nd assigns, hereby jointly and severally coven~nt and apree , to and with the said MORTGAGEE, its successors and assigns: ~ ~ 1. To pay al! and singular the principal and interest and the variovs and sundry sums of mooey payable by virtue of said promiswry note, snd thh y'4 ? ~ •~~ortgage, each a~d every, promptly on the d~ys respectively the same severally become due. ~ ' 2. To p~y sll and singulsr the tazes, assessments, levies, lisbilities, oblgatiau snd encvmbrances of every natwe and kind now on ssid desuibed property, a that hereafter may be imposed, suffered, plscxd, levied, a sssessed thereo~, or tMt he?eafter may be levied w usessed ~pon this Mort¢~ age, w the indebtedness secvred hereby, esch and every, when dve and payable, xcording to law, be~ore they become delinquent, ~nd bsfore ~m intertsl a+tethes w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF R;~ORD AND iHE ORIGIhAI OffICIAt DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RE~EIPT OR THE SATISFACTION PAPER OFFtC1AllY ENDORSED CERTIFIED) SHAII BE PIACED IN THE MANDS OF SAIU MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and i~ the event that any thereof is not ~ .`a d, sat'sfied and dixharg~d sa:d MORiGAGEE may at any time pay the same w an~ part thereof without w~ivi~g or affecting any option, lien, eqvity w 5 ~ •~qht under w by v~rtue of this mortgage and the fuN amovnt of eath and every s~ch payment shsll be immediately due and p~yabk and shall bear i~taest '~em +he dare The~eof unri! Ga d a~ rate oI nine per centum per annum artd toge?her with such intereft shall be xcured by the lien of !~'s mo~gtage. ; ' = ; ; _ . - - - - - - - ~ ~ ~ '•ea, . _ . s _ . _ _ _ _ ~ . " ~