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Home My WebLink About0949 ~C~~S32 ~ THIS INUENTURE, Mad~ the 7th day of April , 0.D. 19=_5 between Lloyd ~t. Sutterfield and Barbara A. Sutterfield, his wife of St . Lucie Covnty Fiwid~, hereinaiter designeted as 1he "MOQTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERtE, a torporat~on oryanized antl axisting und~r tM lawf of ~he United Sutas of America and having it~ pri~ipal placa of bus~neu t~ 1M Ciry of Fort Pie~ce, St. lucie County, Plorida, Mreinaft~r desip~ated as the "MORIGAGEE:' WHEREAS the MORTGAGOR is jvstly indebted ro the MORTGAGEE in the s~m of S_ 36+~0 good and lawful mooey ot the United <<atrs advanced by the NlORiGAGEE unto the MORTGAGOR, as evidencad by a cer~am promiuory note of even dale herewith, of which the followin9 in ,~36a OO~u. 00 a~~~e copy. ~o-w~r. 13000013 S_ • No Fort Pierce, Flo~ida, At~ril 7 ~y 75 Fa value received, t, we w either of us, promise to pay, without defa~calion, to the orde~ oi FIRST FEOERAI SAVINGS ANO IOAN ASSOCIATION OF ~ OR~ PIERCE at Fort Pierce, Florida, the sum ~r s__36~000. __y ,~„~F, interest irom dste at the rote of 9• 0% per annum, in c?oMhly instal6 ~:.,,~s as fol!ows: 5-303.~ on the Z~th day of _ R~ay 19_75_ and a like sum on the corresponding d~y of each month there- ' i a•rer until the whole be iully paid. Each instaflment iirst shatl be appl~ed in payment of the interest and then on the unpaid balance of the princ~pal sum. If deFault is rt+~d~ in the ;,,~;,ent of any installment when due, and such default continues 30 days, then af the o~tion oF the holder, and without any o1Fxr notice, all the rert:aining ~ ~~stallments ~hall be due and payable at once. Privi~ege is given to prepay this note in whale w in part at any time withovt penalty. Neithe? forebeararKe, ~ S cor acceptance by the hol~er thareof after any default i~ any payments hereon, shjll bc deerrted extension. A late payment tharge of sh~l! be ~ ,.id-.d to each instaltment remaining unpa~d 7 days afler its due date, and b tilce sum shall be added to each such installment remaining unpaid 7 days ~fter ea:h succeedirg payment date. Eath maker, surety and endorser hereof, jointly and severatly, wa~ves demand, presentment protest and notite of protest for nonpaymenf, snd further ,~7rees to any eztension of time of paymanl, either before or after mawrity, wit6out not;ce to any of us; and to pay all costs of collection, including a ~sonable attwney's fee in the event oF any default hereunder, and hereby severally waives all benefit of homestead and exemption under the cortstitutio~ •:,d taws of each State of the United States, as aga~nst this obliga2ion w any extension or renewal hereof. Witness ~he hand and seal of each party. a! ~ s/ Lloyd N. Sutterfielc~ (SEAL) - . ~ ~ r . ~ ~ . (SE/?U s F3arbara A. Sutterfield ~y ~ ~ 54 . ~ State Revenue (~U ~ ~ rs re n,p~ ~erxelled~n-wig9nah nu1r~ x NQ'N, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum o+ i 3b, 000. ~ and fhe performsnce of the ~ ;ovenants and agreements hereinaFter expressed, and Sor divers good and valvable considerations, by tiux presents, does graM, bargain, sell, remis~, ~ ea:e, convey and confirm uMo the MORTGAGEE, its successo~s end assigns, aU thal ce~tain lot, piece or partel of land, tituate, lying, and being in the _ CoLn!y of $t . Ll1C le snd State of florida, de~c?ibed ~s follows: ~~~a - S"43- 00~~ - Doc~~3 ~ Lot 5, Block 15~ SURFSIDE, iTN IT TWO, according to -the ~ plat thereof recorded in Plat Book 11, Page 8, of the Public Records of St. Lucie County, Florida ~ ~ ; -,Q ~ ~ j ` ' f_ J~ F~'S~%~~p ~ § i ~ ~ ~t~ ~.ti ~ a. ; ~ = ~ ~ P. ~~,t N ~ ; i ~ ~Oi~~~ ~'v~ 6,~ ^ - C~ IN PRY~AENT Of TAXES s ~ ~ V - vt.:~ f „ ~ ` • RECEI~tEJ S-~='------ i C+ r~~ i" DUE ON CLASS 'C' IY7+~NGIBLE PERSONAL PROPERI~. r ~ ~ = i ~ 11CTS OF 1911.~ ~ ; ~ cB;., pWtSUAt~i? TO CHAPTER 71-134, `y~rc ~ ROGER PORRAS ~ ~ ~ CLERK CIRCUCT CWRT~ Si. UICIE 00, ~ ; } ~ ~ ~ ~ " t 9 ~ # •cyether wifh all and singular the tenements, hereditaments and appurtances thcreunto belonging w in +nywise appert~ining fhereto, and ~U rent~, iiiues, ~ ~ :•xeeds and profits atcruing and to acvue from said premises, a~l of which aro irxluded in the above and foregarg dascription snd habendum. ~ ~ TO F1AVE ANO TO NOLO the above described and granted premisei ~nto the said MORTGAGEE, its svccessors and ~ssgns fwever. And fF~e s+id i ' : GRTGAGOR fw their executws, administrators snd assigns, hereby covenants with the said MORTGAGEE, ib suttessws snd auipro, < ~ ,~1 the~ are_ ~aWf~i~y u7zed of the uid premises in fee simPle; thst the s~me are free, ckar and diuharged from sll lieru u~d ~ncum~ ~ :,•ar.ces in law or in eyu~ty, and thst they will and the1T ~irs shall warrant aad defend the title to the samt to the said ~ ;'ORTGAGEE, itt successors and assigns, forever against the Iawful clsims and demsnds of all persoru; ~ PROVIDED, AlWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE the promissory note hereinbefore destribed and shall huly, promptly _ ,-d f~lty perform, d7xharge, exewte, complete, comply with and ab~de by each and every the stipulations, agreements, cw~ditions and covenanri of uid ~rc-.,~ssory reote and of this Mortgage, then this AAortgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNDERSTOOD that the word "Mortgagor" wl~ether in the singular w plural anywhere in this Mwtgage, shall be aingular if one only and ~G'~ y; shall be plural jointly and severally if more than one, and that tF~e wwd "their" ss vsed anywhere in this Mortyage thsll be tsken to mesn "his," "hen," X. ~"~ts;' wherever the context so implies or admits. Also, that wherever there is ~ refererxe in tfie covenanri and agreements herein contained to any of ~ ~ rhe parties hereto, the same ihall be conshued to mean as well ss the heirs, legal reprosentatives, successors and auipm (either volunt~ry by act of ths parries w involuntary by operation of the law) of the same a~d that the covenaMS herein cont~ined thsll birtd and the benefib and-advantsyes inur~ +o the respective heirs, Ipgal ~epreuntatives, successors and ass~gns of the parties heroto. ~ ~ And aafd Mortgago?:, for themselves and their heirs, legat representatives, succeuors snd •aigro, hereby joinNy and severally covenaM and pne ~ ~o ar.d with the ssid MORTGAGEE, its suttessas and assigns: ~ l. To pay all and singubr the prirxipal and intercst and tF~e various and sundry sums of money payable by virtue of said promiuory note, ~nd tha ~ mortgsge, each and every, promptly on the days respectivety the same severally become dve. ~ n:a 2. To pay sll and tingular tF~e bxes, asussments, levies, liabilities, obfi9ations aod encvmbrances of every nature and kind now on said d~saib~d W ~ property, or thst hereafter may be imposed, suffered, plxed, levied, or assessed thereon, or that hereafter may be levied a assessed upon ti~is Mott¢ f age, w tF~e indebtedneu secured hereby, esch ~nd every, when due and p~yable, xcording to Isw, before they become deli~q~ent, ~nd befo~s any lMe~at ~ ~~r~~hes or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SA/NE SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~ rECORD AND THE ORIGI1vAl OFffCIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR TME SATISFACTION PAPER OfFICIAIIY ENDORSED OQ CERTIFIED) SHALI BE PtACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event thst a~y thereof is nof p ;,a~d, sat'sFied and discharged sa'd MORTGAGEE may at any fime pay the same or any part thereof without waiving or sffectiny any option, (ien, eqvity or r •.~hr under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shal! bear intetqt ~ ~,o,., rha dafe th=recf ~n~:l ca d ar .ate of nine per cenrum per annum and together w~th such interest shatl be secured by the lien of th's ~crgrage. ~~-a'Y'~ ~"?,~~~Y , ~ _ - - - - _ ~ ~ . ~ . _ ~ ~ ~