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17th 5eptemt~e r
THIS INOENTURE, Mad~ the day ot A.~. 19_-_.., beN+~n
~ Thomas bt. Buchaflon ~nd i~onna Ru~h~non, his wife `
af ~',L . I.UC lE` ~~~~y F{ot~d+. hereina(ta des^'~ ~d ~ tha~14'l~QQ1 GD +nd f~RST FEDERAI SaVINGS AND LOAN ~
.~SSOCIATION OF FOR1 PIERCE. s tapwat~on organicrd a~d exi~i~ny undc+ Ih~laws~f tM UniMd~ta~~~ of AmErica and havinp itt prindpal pl~c~ oi
busmes~ in ~hs City of Fo~t Pierce, St. L~c7e Covnty, fiorids, hereioaf~e~ desiyn~ted as ~he "MORTGRGEE:'
WHEREAS the MORTGAGOR is j~i~ly inckbted to the MORTGAGEE in the svm o( 3 13i000:~ good ~nd lawivl money o( the United
S~:+tes adra~xed by rhe MORTGAGEE unto ~he MORTGAaOR, es evidenced by s certain promisswy oott of Qven date herewith, of which the followin~ in
~,,:ds snd figures is a true copy, to-wit: ~ " ~ 1~~21~s2_
s 13 . O00 . n0 '
Fo.t P~~«e, F~«~d,, September 17 1974
For ~at~e received. 1, wr w either of ~e, promise to pay, w~~hout defalcat~on. to the orde~ of FIRST fEDERAI SAVINGS AND L~AN ASSOCIATION OF
13 n~ ~ 9•~ per annum, in maUhly instalM
;,;;T pIERCE at Fort Pie~cr. f~o~~da, ~ne s~~~~ ~f S- --t- •~nTe~eat fro~n date 8f the rste of
~s ati io;'ows: S~~~aQQ---- a+ tl:e day af _-~Ct.9.b.L'L_--• 19_ 7~ and ~ like s~xn on the coneapa+d~ng day ot esch m~+th there-
=+s
until the whaie be fully ~~~d.
Each initallmrnf i~rst shall be app~~ed ~n pay~nent of ~he interest and then on the unpaid balance o( ths principal sum. If default is mad~ in the
,;~:ent of any inata;l~iem when due, and s~ch defautt cominuet 30 day~, then at rhe op~ion of the ho~der, aod without any other notice, al! Ihe ~e+n+inln9
,i~a:lroents shail bc due a~id payable at once. Privilege is given to prepay this note in whole w in part •1 awy time withoul penalty. NeitMr fw~besrants.
~ o• acceptente by the hotder thereof aftar any defeult in any payments hereon, shall be dcemed extension. A tat~ payment thar9e of ~ sh+~~ ~
i~<d ro each ~ns~a~iment remair.~r~g ~npa:d 7 days after in dua date, and a tike awn shell be added to each such installmoN rern~ining unpa~d 7 days aft~~
,:h succeeding payment date.
Each make~, surety and endorser hereof, juintly and feverally, wa;ves demar.d, prrsentment protest and notice oi prolest fa ~onp+ymertt. ~~d fu~the~
,.u~•es to any eatens~on of rin:e of pey~~iem, a~~her befnre or after maturity, whhout net~ce to any of us; and to pay all costs of eol~eetion, indud~ny e
,nab'e a~rornry's fee ~n the eveM of any dziau:! he~ew~der, and he~eby s.•+crally vwa~vea all benefit of homestead and exemption under the cO~+stilutan
~i !~~s of e<ch S~are ot the L'n~ted Stare>, a: aya ;st :fiis obl~gation or any eue~s~on cr renewal hereof.
W~tness the hand and seal of eech p.+rty.
(SEAU
s/ ?homas M.Ruchanon ~y
(sEnU
s/ Donna R uc hanon ~SEwt)
_ r 1~ State Revenuc •
9CA~~li7i~D[~iaC]f8§1b~d~i![~A~
NON, THEREfORE, the MORTGAGOR fw. tFe puroose of xcuring payment ol said sum of s ~3~~~ ~0~ snd the performance of tFN
~venanes and agrerments here~r.after expreased, and for divers good and valuable co~s~derations, by tbe~e presents, does graM, br9ai~, sell, rem~se,
~.~~~se, convey and ca~firm unto 1he MORTGAGEE, i~s svccessws and assig~s, ell that ceruin lol, piece ot parcel oi land, situatt, lyiny, and beinp in th~
Cc_nty of St . LUC 1Q~_ , and State of Far:da, desuibed ~s follows:
';orth 1/3 of Lot 26 and all Lots 27 and 28, Block 45, SAN LtC1E PLA7..A S1~DIVISTCN,
~^'1T NC`. OvE, as per plat thereof on file in Plat Book S, page 57 of the public
.-c~cords of _St. Lucie County, Florida.
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' ~ O'~S L~ E~~~QI~?~~`,T-a`E ~ Y' ~ IN PAYMEI~ OF TA~i
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c y ~ DI~ ON CIASS'C ENiAll0i8~E P'EX90N~1 Pf~~
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s~ ~ ~ e,cz p~yyR 71•334~ 11L'~E ~ Z!?L n'j ~
o ~YO! lDtiRl1~
qfl~ p~(f t~l~ af. lJlClE OD~ Ft/{~
•o.aefher w~th a11 and s~ngula. rhe tenemems, hcred~tame~!s and appu~~+~ces thercumo belonginy w in +nywise epPert+i^j^9 therefo, and all rent~, iuws,
;-c,ceeds arrJ pro4~ts accru~ng and to accrue from said premius, all of which are included in the sbove aod foregoirg deWiptiw~ and habendum.
TO HAVE APi~ TO HOLD the above descr~bei! and granted p~emises unto the said MOttiGAGEE, its suttesson and suigns forever. Md tfr sald
t he i r eaecutors, adm;nistrarort and assgns, hereby tovenants with the s~id MORTGAGEE, its wctessws a~d ~stip~s•
~ ~RTGAGOR for
~.?t -tn~'-arQ-_- lawful(y sei:ed of the said premtus in fee simple; th~t the s+me are fr~s, clear and dixharged irom all Ii~M and ~ncum-
:,-ao.es in law or in equiry, and thar_ wl~~ and thPit _ hein shall warr~nt snd defend the titlt to the um~ to the s~id
t1~RTGAGEE. its successo~s and assigns, forever agaiRSt the lawiul claims ard demends of sll person~;
PROVIDED, AtYlAYS thst if the MORiGAGOR shall pay unto the MORTGAGEE the (xomiuory note hereinbefor~ described and sFull fruly, promptly
i„i!y perform, d~uharge, e:ecufe, complere, comply with and abide by each and every the stipulations, agreemeari, coodi~ions ~nd covenants oi said
r~; .;.-r~ssory note and of this Mortgage, thcn this Mortgage and the Estaie hereby ueatcd ~hall ce~sa u~d be eull and void.
an,
IT IS UNUfRSTOOD t~ent the word "Mortgagor" whetfier in the singular or plural snywhere ia this Mortgsge, shall be sinyular if one o~ y
~ si:a`t be plurai joiMly snd severally if more thsn o~e, and that the word "their" ss used anywhere in this Mo?tgaye shsll be tsken to mean "his:' "Mn: ~hoCf
"i~s," wnerever ?he contezt so impties or adn.its. Alw, that wherever there is a referente in the covena~q and +greements herein coniained to any of'~~
~ .
part~es he~ero, the same snall be constr~ed ro mean as wetl as the heiri, kg~l represe~tstivd, successon snd su"pns (either volunpry by act of tM~
_.a~res or involuntary by oper+tion of the law) of the same arsd that the covenants henin contained th+ll bind ~nd the benefits ~nd ~dwnt~yes irwrs
~ ; the respective heirs, legal representatives, successas and asrgns of the parties hereto.
~ And said Matgagors, for themselves and their heirs, legal representatires. successon snd ~uigm, hereby joiMly and s~venlly covenant and apr~t
~o rnd with tFx aaid MORTGAGEE, in successors snd assegns:
f
1. To pay all and sinyuiar the princ~pal and inurest and the var'wus ~nd wndry wms of money psyable by virtw of ~aid promissory oote, ~nd tha
~ --ortgsge, each and every, promptly on the days respedivdy the ssme sevsrally become due.
~ 2. To paY sll and singular ~he taxes, assessments, levies, iiabilities. obligations and sncumb~a~c~s of evKY ^+~e +^d ~d ^Ow °n ~~ibed
nroperty, a thsl here+fter may be impoted, suffered, plated, levied, o? •sssssed ~hereo~, ot th~t here~fter msy b~ levied w aueued vPon lhis Mor~4'
~ age, a the indebtedness secured hcreby, exh and every, when due a~+d piYable, xcording fo I+w, befw~ 11roy becaet d~~i~que~~. a~d befw~ aiy imun~
a~~rcnes or any penal~y is incurred; AND INSOFAR AS ANY THEREOF {S OF RKORD iHE SAME SHALL dE PROMPTIY SATISFIED ANO DISCHARGED OF
~'eCORD AND THE ORIGthAI OFFICIAL OOCUMENT lSUCN A5, FOR INSiANCE, THE TAX RECEIPI OR THE SATISfACTION PAPER OFfIC1AllY ENDORSED
~ CERTIfIEO) SHAII BE PIACED IN TNE MANDS OF SAID MORTGAGEE WItHIN TEN DAYS NfXT AFTER PAYMENT; ~nd in the erent that any thereof is rw1
~ c a~d, sa~ sfied and discharged sa d MORTGAGEE msy at any t~me pay the s+me or any psrt thereof without waiving or ~ffectinp smr option, lien, pvity a
~ •~~qht ~nder or by v~rrue of th~s mortgage and the f~ll amo~nt of each and every such paymeM shall be ~rt+rt+ediatdy due and pay~bk and shall bear interes~
-a!e of n~ne per centum per annum and togdher w~1h such interest shall b! xcured by ihe lien of th's me~q+age
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