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Home My WebLink About2038 . ~ 13 • ~ { : 302,~ ' ~ ? ~ ` TNIS INDENTURE, IY4d~ the 21St ~y of FebYUarv ,/?.p. 197_S ~ betwNn t _ C1yd~L. Russell and Diane J. Russe3l, h~~ ~life of $t. Lucie Covnty ibrida, hKeinaftK designs~ed M~ RTGAGOR;' and FIRST FEDERAL SAVINGS A?10 tOAN ASSOCIATION OF FORT PIERCE, • torpastion orpaeiud and ~xisling unda th~ Iaws~iM.. ~1rea 15~rj~1 qf.~~ca ~~d Mvinp its PfiMip~I FIK~ of ~ bus~neu in tM City of Fwl PiKC~, St. luci~ Covnty, fbrid~, herein~ftH desiynated a~ tF» "~TGAGEE: WHEREAS the JIAORTGAGOR h jusNy ind~bted ro tM MORTGAGEE io the aum o} = 23 +2~. ~0 ,r_ ~ood u+d lawf~,l money of the Untted Srates advanced by the MORTGAGEE unio ~he MORTGAGOR, es eride~xed by a cenain promiuory ~ot~ of evso t7ate herwrith, of which the followinp in v,urds and figcres is a irw copy, to-wih ' t 23„~00.00 ' ' ` ~ 100211~3 Fo.t P~.c•. Fio?cd., FebruaYy 21 19~5 ior va!ve iaeived, 1, we a either o~ us, prom~x to pay, without defalcation, to the order oi FIRST FEDERAL SAVINGqS~ AND IOAN ASSOCIATION OF '~.RT PIERCE at fort Pirrce, tloriJa, the svm of S?~ - w~~h inteiest trem date at the rste of 9•2 16 pe~ annum, in monthly install- ~ e•~rs as fot!ow~: 5213• ~ on the2~th day of APr il ~q_ 75 and a like swn on tM carespond~ng day of each month tha~r ~•rer until ~he whole be futly pa~d. , Each installment first shall b~ applied in payrrrnt of 1he interest and then on the unpaid balancs of the princ~pal wm. If default is mads in ths t.~,mrnt of any instal~ment whe~ due, and such defauit continues 30 days, the~ at the optio~ of the holder, and without sny other notice, sll the remaininy ,~,rallments shall be due and payeble at once. Privilege is g~ven to propay this rate in whole or in part at any time without penalty. Neithe~ forebearanc~, no- acccp?ance by the holder thereof after any defauh in any payme~ts hereon, shall be deemcd e~teneio~. A late payment thar~e of shall be ddad lo each inatallment remaining unpaid 7 days after its due date, and a like wm shall be added to each such inatallment rem~inir~g unpaid 7 days aher each svcceeding paymem date. Esch maker, surety and endorse~ hereof, jo~ntly and severally, waives dema~~d, presentment p?otett and rtotice of protest fw nonpayment, and fvtthN ,:3rces to any eztension of time of payment, ritl,rr before w after maturity, wilhout nolise to any of us; and to pay all costs ot collettion, intlud:tg a -=,scnable attaneyi fee in the eveRt of any default hereundzr, and hereby severally wsives all benefit of homestead and azemption under the cautitution ~ d ~aws of each State of the United States, aa aga~nst ihis obGgation w any eatens~o~ or renewal hereof. Witness the hand and seal 01 each party. s/Clyde L. Russell cs~AU (sE~?U s/Diane J. Russell ~,U (sEat) 53~•8O ~ $tate Revenue ; 5 ~~npr eanceik~ ~ve~ aigfneF- naR.} NO'N, THEREFORE, the MORTGAGOR for the purpose of ucuring payment of said sum of S 23 s2O0~ ~ ~„d of tM enants ~nd agreementa here~na(ter eap+essed, and fo+ diven good and valuable consideration~, by these presenri, does g~ant, barg~in, sell, remise, ~:•.ease, co~vey and confirm unto the MORTGAGEE, its succeuora and assigns, all that certain bt, piece w parcel of tsnd, situste, lyinp, and beirg in tha ~cunry of St. Lucie and 5tate of Florid~ desu~bed ss follows: ~ot 3, MENGAR RE-SUBDIVISZON, as per plat thereof on file in Plat Book 10, Page 44, Public Records of St. Lucie County, Florida~/ - ~ : TE QF FL~RpDA ~ ~ r o Y,~=:;, S~AM ..3--` ~,7 DOCll~ SAR ~ y~, - DEPT. OF RECEKUE - 4~ 8 O ~ a~ _ _ ~ta24 ' 3 1 'a cs ~.q P.B. w ~ .r`. fo 111~: ~ ~ t p i E • . f ~ ~ ~ ~ € t ` ~ ~ oue o~ p~ss ~ ~~rr~wcie~ P~n , ~ PIIRSIIAMT TO CHAPTER 71-131. ACTS OF 19)1~~~ ~ ROGER POITRIIS ~ CLERK CIRI:UR OOURT, Si LUCIE 00, FlA ~ ~ - ~ +ogerher with all and singular the tenements, hereditsments and +ppurtances thereunto belongirg a in anywise +ppettsininQ thereto, and ~il reM~, iuues, ~ :-xeeds and profits accruing and to accrue from said premises, all of which are intluded in the abovs and fwepanp dewiption and Mberdum. f ~ TO HAVE AND TO HOlO the above described ~nd granted premises unto the said NIORTGAGEE, iri svtcessws snd auigru for~ver. And tM said ~ :~RTGAGOR (w heirs, executors, administrafws ~nd a~signs, hereby covenants with the aid MORTGAGEE, its wccessors and assip% ~ ~ ~~,at ~-hQY.-~~~-- Iawfully uized of thc said premises in fee simple; ihat the same are fne, cku u~d discharQed from all li~ns ~nd ~ncurrf y ~ they W;ii a~ thei r ; - :,ran:es in law or in equity, and that hein shall warrant ~nd defend the title to tiw s~me to tht qid - ,~02TGAGEE, in successws and auigns, forever against the lawful claims and demands of ~II persons; ~ PRQVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisw~y note htreinbefon dtxrib~d and sF?all frvl~, promptty ~ ,-.d fu~ly perform, dixharge, execute, complete, comply with snd abide by esch snd every fhe stipulations, spreemenfs, tonditions ~od covenaMS of said ~ .:~om~sswy note and of this Mo~tgage, then this Mortgsge and the Estate hereby veated shall uase ~nd be null and void. .~m ~ IT IS UNDERSTOOD that the word "Mortgsgor" whether i~ the s7rgular or plvral snywhere in this Mo~rt9~ge, ~h+ll be sinyulu if on~ only ~nd :hai~ be fural ~ntl and seversll if more tMn one, and tMt the word "their' ss uted an re in this 1Nort ths~l be taken to mtu~ "his," "hen;' ~ P Io~ Y Y Yw~ 9+9~ "its," wherever the conrext so implies or admits. Alao, that wherever there is a roference in the covenants u~d apreemeots herein contsined to u~y of ~F,e parries herero, the ame ~hall be construed to mean as well as the heirs, te9a1 rtpresm?t~tives, succeatws u~d auiyro (either voluntary by acf of 1M ~ pa,t;es or inwlumary by operstion of the law) of the same and that the coven~nts herein tomained thsll bind ~nd the benefits ~nd adv~ntapM inut~ o ihe rospective heirs, legal representatives, successon and ass'gns of the parties hereto. . ~ Md said Mortgs9ors, fa themselves a~d their hein, tegal representatives, successon and auipns, her~by joiMFy and s~verally tovensnt and ayr~t ~ ~ ~o and with the said MORiGA~CaEE, its successors snd assigns: t ~ 1. To pay ~11 snd sir~ul~r the principal and interest and tF?e vsr~ovs and sundry sums of monty payabk by virtue of s+id promissory note, ~nd this ~ ~ ~~,ortgsge. each and every, promptly on the days respectively the same severally becortw due. ~ 2. To pay stl and ~inpvla the taxes, assessments, kvies, liabilitie~, oNiyations and encumb~~nces of w~ry n+ture and kind raw on taid dacrib~d i p~operty. a that heresfter may be imposed, suffered. Pl~ced, levied, w assessed thereon, or tl?~t h~r~afta may b~ kvisd or ~sseas~d upon this Morq~ i ~ age, a the indebtedneu secured hereby, each and every, when dve +nd pay~bte. ~ccadinp to bw, b~fw~ they become delinque~t, ud before ~ny iMer~s1 f ~ ~+rzci~es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTLY SA115FIED AND DISCHARGE~ OF ~ECORD AND THE ORIGINAL OFFICIAL DOCUMENT 15UCH AS, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACiION VAPER OffICIAIIY ENOORSED CERTIFIED) SHAIt BE PIACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveot 1Mt ~ny thereof is not ~z,d, sat'sfied and dixhsrged u:d MORTGAGEE may at •ny time pay the same o~ any pan lhereof witho~rt waivirg or affecting any option, liee~, eqvify or ~ •~~h+ under or by virtue of this morrgage and the f~h amount oi each ~nd every wch paymcnt shall be immediately due snd payabk and thall beat interest j•eT da~e r~=*e^f ~~nt:t ~r a a+ .ate of n~ne pei tentum pe? annum and togethe? with such interest shall be secvred by Ihe lien of th s morgrage. - - - ~ . : _ _._.,~.r