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HomeMy WebLinkAbout1657 : ~ v~.~asb"! THIS INDENTURE. N4de th~ Sth ~y pf ALIgUSt - ,/?,p, )q 75 betwa~n 1is G Ruasakis and Sheila R Russakisa his M~P of St. LIIC~Q Cp~~y Florid~, Fw~~iMft~t d~siqnated ss tM "MORTGAGOR,' ~nd FIRST fEDERAI' SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, • aapar~tion orp~nis~d a+d ~xwtinp w~da tM laws of th~ Unired Stna of Mariu aed MWny in prtncipal plac~ of bus~N~s in tM Cify of FoA Pivq, 5f. lud~ County. Flaidai, hsniMftN dNipn+l~d q 1M "MORTCsAGEE.•• WHEREAS tM MORTGAGOR is Waly ind~bl~d b th~ MORTGAGEE in tM sum of ~ 21 , DOO~ O~ 9ood ~nd lawful mon~v of the Unlted Staus advanced by tM MORTGAGEE u~to tM 1NORTGAGOR, ~s ev~ br ~.~Aati promiuory note of eve~? date herew~th, of which tM (olbwinq in worda and fgur~s is • trv~ topy. fo-wit: 1~21520 ~ 21 ~ /y1A ~ ~ ; n ~f ~ ' ~ " ' • 1 NO ••YY Au usL 5 ~9~~ Fort Pjarce, florid~, g for v~iw r~iwd, 1, vw o? NtF~ of us, promise to p~y, without d~f~lution, to the order of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF _ FORT PIERCE at fort Pitru, Fiwida, tM wm of = 21 ~ with i~teres~ from d~te at the rale of9•~ 96 pe~ annum, in monthly instal4 ~ mena ss foilows: i 189.0~ ~~M 20t~f ~,of Septeaber ~y 75 ~ tik~ ium on ths correspondinp d+y of euh momh the~e- ~ after vntil the whole bs fvliy paid. ~ Each inatallment fi~tt sMll be applied in paymrnt of ths tnte?est and then on the unpaid bala~ce of the princip~l sum. If default is made in- IM ! payment oF any ir?italiment when dw, uid such defautt continues 30 days, then at the optah of the holder, and without any other notice, all tl+e remaini~g • ~naallmenb sMll be due and payable a~ once. Privi{eye is ~iver? to prep+Y tha not~ in whok w in part at any time withoul penalty. Neither faebe~~~nte. nor ~aeptanc~ by the holder th~?eof after ~ny default in any payments hereon, shall be deemed ex~eruion. A late payment ch+~e of :9 • 45 sMll b~ added to each instalfinent remainirg uep+id 7 day~ afMr itt dw datt ~nd a like wm sMll be added to each iuch installment remaining ~npaid 7 dayt afMr } eath wtoeedinp payment date. . ~ E~ch m+ker, surety ~~d endau~ f?ereof, joinNy and tevera~ly, wsives demand, presentmem protest a~d ratice of prot~st fw r+onpayment, and furthw ~ ag~ees to ~ny extension of time of payment, either befo~e w, after m~turity, without notice to any of us; and to pay ~II cost~ of collection, incl~di~g • i reasonsble altorney i fee in the event of sny default hereunder, snd he~eby ieverally waives all benefit of homestcad and exemption under the con~titWion ~ and lawt oi each State of ~M U~ited Ststes, as +ga~nst ~his oblgatioc~ w any eztensan w ranew~l hereof. Witness ?M haod and se,~l of e~ch p+rry. ~ s/Jim G. Russakis ~ ~ < (s~?U ~ s/Sheila R..Russakis ~ r - € ~ ~ $31.50 , ~ ~a~~~,~ / ~iy- ~ - ~'~c CC~? p ~ t NOW, THEREFORE, the MORTGAGOR fw the purpos~ of securiny p~yment of said swn of s 21 , O0 .~nd the performance of th~ covanann •nd ap~eem.nn ha•inafr.r exp?eued, and fw d~vers pood and valwbb conside~ations, by thes~ preien~s. does gr~nt, baryain, sell, remise, release, conv~y and confirm unto tM MORTGAGEE, its succassors ~od assipns, all that cen~in lot, pieu w puce! of laod, situa» lyinp, and bea+p in tM ~ St . 1.11G 1@ ~ St~t~ of Florids, de~cribed as followu Beginning at the Northeast cozner. of the N 1/2 of the NW 1/4 of the SM? 1/4 of - Section 14 in Yownship 34 South, Range 39 fiast, and rwnning thence West on the " c~uartez section line 200 feet; thence South 200 feet; thence 6ast 200 feet; and thence North 200 feet, to the Point of Beginning. - ANO ~3eginning at a pflint on the quarter section line which is 200 feet West of the ~ortheast corner of the N 1/2 of the NW 1/4 of the SW 1/4 of Section 14, To~anship 34 South, Range 39 Sast, and running thence West on said quarter section line 100 - feet; thence South 200 feet; thence 6ast 100 feet; and thence North 200 feet, to _ the Point of Beg3nning. f ~ STAT~ J~ F= =._rJ t-? 1 u~~ ~ - ' ~ ' N C~_:'~t~_1A~Nlt`,RY-- STt:t.1f' ~ c < i':. ~~'~?[~VEf~:li :.,~a ..j ~ ~ _ _ - - _ 1 e~'~-~', - ~ ~ ; ~ ~3 ~ _ ~,a~ = : . 3 5 0 ~ Q~ ~ m ~ = ~ . -~'`~i ` i C ~ ~A~. ,3~1• By agreement of Mortgagor ana'i~fb~~gagee on f'ile with y~`~~~gd` ~ Mortgagee, the within mortgage secures not only an ~y ~~~M ~p- ~ existing indebtedness, but also ADVANCBS to be HF.~tE- r1 ~~~~,a~~~~,~'~~ i A~TER nade by Mortgagor to Mortgagee, the aggregat~S~~,~~~ Ld of which will equal the principal amount specifie~~ ~~?~z~' ~ in the promissory note secured hereby. -t~. G~~ V~' - togeth~r w~th all snd ~ingular the tenemenb, hereditamenb snd apqrrtsncss therwnto btlonging or in ~nywi~e appertainirg thereto, and all r~nts, Itsws, proceeds and profiri acwi~g and to acwe from said premises, all of which an induded in tF~e above ~~d foreQanp desuiption u~d h~bendum. TO HAVE AND TO HOID ths +bove deuribed and 9r~nted prcmises unto tM said MORTGAGEE, its succeuon snd assigns forewr. Md tM sald MORTGAGOR for theiY ~~~s, executon, administraton and auiQro, hereby oovenants with the ssid MORTGAGEE, its succeasws and as~ipna, ~ ~ey are ' rhat lawfully sei:ed of the said premi~ in fes simple: that the sams are hee, clear ~nd dischar~ed fran all liero and M+cu~ i brances in law o~ in eqvity, and th~t they will and Ltl@lI hein shall ws?nnt u+d defend tM title fo tM sam~ ro th~ s~id i ~ 'AORTGAGEE, iri successors snd auigns, faever againit ti+e lawful claims and demands of dl persons: ' ~ PROVIOED, ALWAYS that if 1M MIORTGAGOR shall p~y u~to the MORTGAGEE the promissory not~ hereinbefore d~stribsd snd sh~ll tn:ly, promptly ~ and iuliy perform, discMry~, executt, complett. comply with and abide by each ~nd every the stipubtions, sgresmenri, conditiom and oove~ri of s+id # r promisswy not~ a~d of this Mortgage, then tl~is Mort~age and tM Est~te her~by ueated thall teaae ~nd b~ n~ll and vo~d. ~ tT IS UNDERSTOOD tMt the word "Mortyapor" whethsr in tM singular a plural smrwMre in tAis Nbrtg~ye, shsll bt sioyular if one only and i ~ shall be plur~l iointly a~d severally if mw~ th~n one, and tMt ti~e word "their' ~s u~ed snywhere in this Monq+pe shsll be taken to me~n •'hb," •'Mrs,•• ; w••iri whe~ever the context so implies a admin. Also, tl?at wherever thcre if a refere~oe in the covenanb and ayreemenri herein oontairnd ro~ny ~ , ~ the p+nies her~ro, th~ ~ams st~all bt construed to me~n ss well u the hein, kyal representatives, succeuws and assigro (~ither vduM~ry by aet of ~ pa?ti~s or involuntary by operation of ths law) of the s~me snd thaf the covenants Fk~ein contained shatl bind and ~he beoefin and adv.nup.s lrwr~~ ~ to the ?apecliw hein, kyal representatives, succeswrs and au~gns of th~ pani~~ herefo. . ~ ~ Md s+id Mwtpapors, for them~eNes and their hein, legal r~present~tives, suaes:ors and assiyns, hcreby joinHy s~d severally covsn~nt and ~pne v ~ to and with the s+id MORTGAGEE, in successors and au~ym: ~ ~ 1. To pay ~11 and sinpulsr the principsl and interest snd tM wriovs aod iundry sums of moneY paYabk by virtue of said promiuory note, and ti~iy~ mwtyage, tach ud ~very, promptly on tFw days respectivtty tM same s~wrslly bec«nt due. ~ ~ 2 To pay dl .snd Nny~lar the ta:e~. ~ssessm~nn, kvies, li~bilities, obliy+tions and ~ncumbrances oi ewry nstur~ u+d kind now on said dew~j P~~~Y• w that f+e~e~hN m~y be irnposd, suff~red. P~aced, levied, or ~ssessed thereon, or th~t hers+fter may b~ lev7ed a asseswd vpa~ tlds Matp-" ~ aye, or tM ind~bt~dnesa secwed her~by. ~ad~ ~nd w~ry, when dw and payabl~, aocordiep to law, before th~y becan~ d~linquerK, and befon any lnknatocop anaches a ~rry penalty is intvrred; AND INSOFAR /15 ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIED AND DISCHARGED OFLyap RKORD AND THE ORIGINAI OfFIC1AL OOCUNIENT (SIKH A5, FOR INSTANCE, THE TAX RKE17T OR THE SATISFACTION PAPER OFi1tIAlLY ENDORSED OR CERTIFIEO) SFIAIL BE PUCED IN THf HANDS Of SAID MORTGAGEE WITHIN iEN DAYS NEXT AfTER PAYMENT; and in tht ~wnt thst ~ny th~r~of is nw ~ pe~d, sat'tfied and discl~arged sa:d 1NORTGAGEE may at any time psy the same or sny pan thereof witFw~rt waiving w afiectirg any option, lien, equify o~ ~ ~ •~qht under w by vinue of ?hit mongage and the full amouM of esch ~nd every wcF~ payment ihall be imrrKdiately due and payabk +nd iMall bea int~res~ 4om ~he date thereof until p~id at r~te of n~ne per centum per annum and togethe~ w~th such interett shafl be secwed by tix lien of th:s morgtpe. " ''~~'M ~ n .r.* ~r~ ' " ;~~h,.~,~- ~q~, ~ y~'~~~~~ ~ s ~ F _ _