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~Q5229
THIS INDENTURE. Made thc_ 4th _ day of -APr.il-- - . A.D. 1?7S between
_----------,7a~~.1~._ RQu~g_an~._4~_n_~ ~~3Q~~~_h~
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of _ St • Luc_~__~ ~anry fior~da, hereinaf~er drs~~~~a+ru aa th~ "MOkTGAGOR." ar.d FIRST FEOERAI SAVINGS ANO LOAN
ASSOCIATION Of FORT PIERCE, a wrpwat.~n orgai~iied and exist~ng unJrr the Is.vs of fhe Un~ted S}at~s of America and having its principal place of
t:usinets in the City of Fo~t P~erce, St. l~cie County, Fio:ida, hereinafter detiynoted es the "MORTGAGEE."
WHEREA$ the h!ORiGAGQR ~s ~u~tly ~ndeLted to Iha 1~10RTGAGEE +n fhe sum of 5-201~0~00___ goocl and lawful money o( the Unted
~.;tzs ad~anc~d by ths ;1iJRi:iAGEf untu the tAU2(GAGOR, es e.~u_•+,c~d by a ceria,n prom~sso~y note o~ e.•~•n da!e herev+~t}:, of wh:ch Iha iollowing in
ds and fiyures is a true copy, to-.vt:
s_2~,000.00 . . . • ~ No10021263
Fort Pierce, Fla;da, April 4 ~p75
fo' va'..e rB(e~~ed. i, v.r cr c~thei ot ~.:s ; ror.+>e ta pay, v.~thout uefa4at~un, to 11-.e order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
3T PiEi:Cc ;~t Furi F':r~cr. F'vr,•.f~. It~i svn~ c 2O f~~•~ :.:th ..si f~o n datc at the rate of _9 °,.o per anr.u~n, in monlhly instal(•
~s ea ta,io,.s: S-18O•~ ~n ih„ 20thu,y af Ma~_ ;:y 75 at~d a ii:;e sum on the correspond~ng day of each mortth there-
4nti! tne ,nl o:r :;r i,..ly ~ a~d.
Each m;ral~n ~rt f;rtt sh;'.! ue ~~~p'.=d u; ;~~:uant pf th•~ ~n•err_st ond ti,r~~ the i:npaid balance o( the pri.^.c'pal sum. If default is made in fhe
,,_r.t of any .:i>~„~, ~_:,t ti~,~,n d.,e. .,i.j su.t, a,~e;;t con•.;~u~•s 30 d~ys. th•_n a: tnr oer~on of !he he~~^r, JnCI •Nltho~t any ethe~ not~ce, all !he remaining
:r.~nrs shai; t:r u:;e ,~.d ;.~,~t,'c er ;;r.c~•. P:~:~;.•~e ~s a:.~n ro p~_~:ay ~h~s nci,.• :n ,nho!e or in par~ at any t:me without penalty. Neithei forebearante,
~~iicptance bY !~~e i,c;cler t~e•z-of af~er anv d~_f.;~lt in any pay~~~e~~ts her?~~, sh3H be doar.,ed extens~on. A late payment charge of S 9•O0 , shsll be
:<i ro c;ch ,ns~a;,~ne~~t ~r.•,~a~'~:~~g ~nN_ d 7 da~s after its d~e dere, sid a::..r z: si;:~i: ~e ad,lad to eac6 su:h installmem remaining unpaid 7 days after
. • e~ctctding ~aymer.t da:e.
Eneh maker, ~,;re~y ar:c! en;lcn:~ F;crrof, jaint~y end sevcraliy, vti; ves Jrr:.er.:1. F;resentmen? protest and notice of protest for nonpaymeM, and further
e_-s to any c.~•n;::n o* t:~~~e oi p„y:~e„r,r, _nc~r b:iore ur ~.irer r::ati~• s~, ::i:i:;,,~t ta any of us; and to pay atl eosts of eolleetion, inelud~ng a
.aL!e a~•en,-~~ s fee ~n th~ ev~nr f....~ !u••eunu_r, and htreby ~_.e~~i!y y..;rJes al1 brnef~t of hom~stead and exemption under the constitution
• +.yz ch S•~;:. ;,F tiie . ,•rts _ ~ es, ,~5 _ __„.st ti~~s ot,: : ~t;on nr aay _.rer.s.en er ren~Y~at hereof.
1Ndne55 ~'1B iidnC~ dn3 5r31 Of E~Ch ~,~i i
s James I.. Rouse (SEAI)
(s~?~)
_ s/Leone S. Rouse ($EAL)
~~_•OO----- ) ~s.~!e Re~er.~~e ~SEAI~
u a. ~ ? c~irrc~ cw ~..q.r:.•~c~;
f~0."~, iHckEF::v,E: ~he MORTvPv~R for the ~,urpcse of se:,~i~~g E3rr: ~r o; :a~d s,m cf S 20~~~•~~-, and the performance of the
.,a«ts and ay:ee~~ en~s r:,i•er eiaress_d, a:,d f;,. ~~,ers g•.od .iad oa;uaF'se :onsl.'.~~aT;ons, by theu presents, dots grant, barga~n, se!!, rem~se,
.s~. :~•,+e; a~~u :o~,i:•.•e ±:,e .'r,~~nTui.GEf., •'s s:,c.~-sson a~.~ dS3:y'~S A~: iR91 v„~a~n lot. Fiece or partel of land, situate, (ying, and being in the
-__c:y of ----St_ I.UCl@ and Sta!e of Flor~da, e~scnbed at follows:
The Nor~h 183.71 feet of the South 208.71 feet of the West 208.71 feet of the
~E1; of the Sk'~; of the SE~; of Section 6, Township 35 South, Range 40 East, public
records of St . Luc ie County, Florida, ~ ~"~~~o ''5~3~ - ~nn°2 - 4n0/~
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i i: ' p.a ~ s~ , REGE-~'~ ~ ~
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~ er wirh a~i and sing~,'ar :he renzmen!s, hered~taments and appurtancea thereunto belonging or in anywise eppertaining tixreto, and all renis, issues, '
c, c ds and proE~rs accru~:~g ~nd ro accrue '.rom sa~~ o~em~ses, ali of which are induded in the above and fwegang deauiption and habendvm. :
~ TO HAVE AND TO HOID ~}~e a!:cve desr:bed an:! granted pre~~ses unto the said MORTGAGEE, its svtcessors and assigns forever. And the sald ~
~ ?TGAv :R for --~~~r- ne~n, e~ecurors, ad~iHniStrdtG~3 and ass~yns, hereby covenants with fhe ssid MORiGAGEE, it~ suecesson and auiyru,
~ ~--~~X--~~~-- iawfu:ly seued o~ the said premises in fee simp!e; that the same are free, clear snd distharged from all liens ~nd encuro- ~
~ ~es ~n lav~ or ~n eq~~ty, and tnat__ ___y ~
t - the W;~~ d„d ____ttlQ1Z_._ heirs shall warrant end defend the tiHe to the seme to the said ~
$ "'~iGAGEE. its successon ar.d asvgns, forever aga~nst rhe lawful ciaims and demnnds of all pertons;
a
;3 PROViUED, AL'..'AYS tha~ ;f ~he MORTGAGOR sha!I pey unto the MORTGAGEE fhe promisiory note hereinbefore dexribed and shall truly, prompNy ~
!y pe~~o~m, d~xha~cA, e¦ewte, coT~p~ete, co.r~piy wi~h ar~d ab~de by each and every the stipulations, agreemeMS, tonditions and tovenants of said
~ • ssory rote and nf this ~dortg3ge, ti:en this rdortgage and the Estate hereby created shall tease and be null and void.
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v= Ii IS UNDERSTOOD that rhe word "Morrgagor" whether in the s~ngufar or p~ural anywhere in this Mortgage, sha{I be singular if one only ~nd ~
" be p!ural io~ntiy and s?verail~ ~f more than or:e, and r{~at t!~e vvord "the~r" as used anywhere in th~s Matgage shall be taken to mean "his;' "hers,"
~
'.•s," v,F~rever the consext so Impl~es or adm:n. A'so, that where~re• there 1s a ~eference in the covenants and agreementt herein contained to my of
~ •_;:a~t~es hereto, the same shalt be construed to mean as weH as the hein, legal reprosentatives, svtcessws and assigns (either voluMary by act of the ~
~ ea or invo!u~tary by operat;on of the ~aN) oi the same and t}~at the covenants herein coMained thall bind and the benefits and advantages inure
e respective F.e~rs, legal represen!ar~ves, successcrs and ass gns of the part~es hereto. ~
~ And said Mortgagors, for themselves and their hei~s, Iegal representatives, successors and assigns, hereby jointly a~d severally covenant and ayree ~
~ ~ a~.d with the said MORTGAGEE, its s~ccessors and assigns:
1. To pay all and singular tne pr:~cipal and intereat and the various and iurdry sums of money psyable by virtue of said promissory nott, •nd thi~
~ _ ~gage, each and every, prornprly on the days respectively the same seve~ally become due.
~ 2. To pay all and s~nguia~ the taxes, assessments, ievies, liabilities, ooligations and encumbrances of every nsture and kind ~ow on taid dewibed
~ _ ~
.~_Uerty, or ~hat hereafter may be ~mposed, ~uffered, placed, lev~ed, w assessed thereon, or tbst hereafter may be levied or essetsed upon this Mort9- y~ i
~,e. or the mdebtedness secwed 'nereby, each and every, when due a~d payable, according to law, befwe thty become delinquem, and before any interost ~Q
c~•.es o~ any oenaity is incurred; AND lNSOFAR AS ANY THEREOf IS Of RECORD TNE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGED Of OsA ~
-'-ORD AND iHE ORIGIhAt OFFICIAI DOCUMENF tSUGH A5. FOR INSTAhCE, THE TAX RECEIPi OR THE SATISFACiION PAPER OFfIC1AlLY ENDORSEO ~
= CERTIFIED;• SHALL BE PLACED ~N TME HA6~DS OF SAID ~AORTGAGEE WITHIN TEN DAYS N~Xi AfTER PAYMENT; aod in the event that any thereof is not ~
saf sf~ed a~~d dncharged sa d lAORTGF.GE[ may at -any t~me pay ~he same or any part thereof without waiving ot affetting sny option, lien, eq~ity or
~ r unde~ or hy .~rtue of ~his morfqage and rho_ fu~~ amount of each and every iuch payment shall be immediarety due and payable and shall bear interest `
a,+r. , . , ~ . • ~ ` . , . •~~r~• of nlne er tentum
p per annum and !oge+her w:~h wch interest shall be secured by the lien ef !h l~-,orqrage
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