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. THIS INDENTURE. Mad~ tM Zsth day of NOVes~r A.~. 19 75
- t»twe~n
onald 5. Bourassa and Rita J. Bourassa his wils ;
of ' C e Covnty florida, hNtinaftt~ d~iignated tM "MORTGAGOR," and FIRST fEDERA~ $AVINGS ANO IOAN ~
ASSOCIATION Of fORT PIERCE, a corpaation orpaniz~d ~nd ~xiitinp undN th~ I~ws of tM Unit~d Stuq of Ameriu c~d havinp in principal plac~ of !
bu~u in tM City of Fo?t PiKC~, St. l~ci~ Gounty, f{aid+, h~ni~ait~r d~siyn~ud ~i tM "JNORTGAGEE." i
WHEREAS tM MORTGAGbR is jw11y ind~bt~d to tM MORTGAGEE in tM ~um of = 19 9ocd ~nd lawfvl money of ths Un~ted ~
Sr~f~i advsnced by ~M MORiGAGEE unto tM MORiGAGOR, ~s evidonced by a certain promiuory no1~ of even date Mrewith, of wh~ch 1hs followinp in
wordi and fiyvr~s is a trw copy, towit: ~
~ 19~000.00 ~ 10021698 (
~n P~N~., F~.~d., Novee~ber 25 19 75 ~
Fa va~ue received, I, we or either of us, prom~se to p~y, wi~hout detalcation, to the order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
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fORi PIERCE at Fpt Pierce, florida, the sum of = 19 ~ 00~_ w;th 7nterest i~om dat~ ~t tha rate of 9 2-~'a pe? annum, in monthly install-
menes u follows:: 175•O0 on the 20th day of January . 19_76 and a like sum on ths cwrespond~ng day of each month tMrr ~
aftet untit the whole bt fully paid.
Each instaltment fint shall be applied i~ payment of the interest ~nd then on the unpaid bal+nce of the princ~pal sum. tf defavlt is made In ths
~ayment of any inst~llment wixn dvs, and such dafault continues 30 days, then at the option of ~he holder, and witnout a~y other notice, all tl+e r~mainin~
~nsrallmenti shall be due and payable once. Privtlege is given to prepay this nots in whol~ w in part st any time without penalty. Neither foreb~arance,
nw ~ccepbnce by the hofder thereof afte? any default in ~~y payments hereon, sMll be deemed extension. A late paymcnt charge of : 8• 75, ihall b~
added to eath insfallrnent temaininy uopaid 7 dayi after its due date, and a like sum shall be added to each such instailmem remsining unpsid 7 days aher
each succeedinp payment date. a
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Each meker, surety and e~dase~ hlreof, joinlly and sever~lly, waives dcmand, presentment protest and notice of prorest tor nonpaymeM, and further ~
egrees to any extension of t~me of paymenf, either before or aiter matu~ity, without ~otKe to any oF us; ~nd to pay atl costs of collea"an, includinq • >
reasonable attwney's fee in the event of any dcfault herevnder, and hereby severally waives all benefif of homes~ead and exemption under the constitut'an i
and laws of each Sute of the United States, as agai~st Ihis ob~igation a ~oy c:tenslon or renewal FKreof. '
t
Wirness the hsnd and ?eal of exh party. 5~ Ronald Bourassa 2
(Senl1 ~
(5~?U
S/ Rita J. Bousassa ~
f
e ~8 • S~ t $tat~ Revenue ~
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NOW, THEREFORE, ths MORTGAGOR fo? the purpose of securing payment of sa~d sum of S 19~0~-~ , and the performartce of tM
covananb +nd agreemenq hereinafter expressed, and fw divas yood and valuabls considerations, by fhese presents, does grsnt, baryain, sell, remise,
relcase, convey and confi~m unto ths MORTGAGEE, its successors ~~d suiyns, all that certain lot, piece w parcel of land, situate, lyiny, snd beinp in fl»
;L . L.1lC 1Q ~nd State of Ffor' dew~bed as follows:
u~ o?~Y ~ ~yo~ - vo~o -vno~~'
N'-~ of Lot 3 and south 41 feet of Lot 2, Block 5, LAFOND SUBDIVISION,
Ai~ ALSO the Mest 6 feet of vacated alley adjoining rear lot line of
above described propezty all as per plat thereof on file in Plat Book
8, at paqe 12, of the public records of St. Lucie County, Rlorida.
By agzeedent of Mortgaqor and Mortgagee on f ile with
Mortgagee, the Mithin sortgage-secuzes not only an
existing indebtQdness, bnt also ADVANCFs.S to be I~[tB-
ARTBR aade by Mortgagee to Moztgaqor, tha aggregate
of which Nill eqnal the prinicpal aaount specified
in the provissory note secuzed~hereby.
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~ ~FL~?=~;D ~i ~ ~
, ^ n STATE < < , ~y
F ~ U 7;: U N! E N(A R Y.~ T i; M ~ _ t, I RECEIYfD iS OC/ IN PAYMQfT OF 1N(6'i ~
E X- u=vT_
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<<<v~nuE J~t~= ~ DUE ON CU?SS'C INTAN~GBIE PfRSOf1AL PAOPFRi~-
~ r.e. ~~~'+2~~75 7 2~. 5 0~ PURSUAMT TO CIiAP?E3 71-134. ACi3 Of 1g11. ~(f'
~ R06ER POITRIIS U :
s o =~i~a: ! '
~ CLERK ClsqlR COUM, ST. lOC1E CQ. H/~ ~
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rogether with atl and iinyular tM tenemcnts, heredit~ment~ ~nd ~p~wrtances thereunto belongi~g a-in anywpe appert~ininp thereto, and all r~nn, issws, ~
~ proceeds and profih xuuing and to accrw from ~aid premises, all of which ~n includeJ in the abov~ and fweQany dtscriptia? and habendum. #
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~ TO HAVE AND TO HOlO the above dewibed and gr~nted premises unto tM s~id MORTGAGEE, Ns svcceswrs u~d as~ipns foreve?. Md tIN saW f
MORTGAGOR (w th@lY he;n, executors, adminlstratw~ and sssigns, F~ereby cov~nann with the ssid MORTGAGEE, its successon ~nd assipm, '
f that --~Q~ aZ$ Iawfully sei:ed of the said premises io fee simple; that tfw sam~ an free, clear u~d distharyed from all liaea and ~ntum- ~
~ brancei in Iaw w in equity, and tMt L he V W;~~ the i r heirs shsll warrant and defend ~h~ titl~ b tf?~ sarrN to tM sald
? MORTGAGEE, its successors a~d assigm, forever agaimt ths lawful cl~ims and demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promitwry rate Ficrei~befwe deuribed and aF»II truly, p?omptly `
end fully perfwm, diuh+rge, execute, complNs, comply with snd ebide by each and every the stipulatiwu, apreementi, condi~i«n •nd cov.~.nn of ud ~
- promisiory note snd oi this Mwtyape, then this Mwtyege and the Estste hereby ne+ted shall ctase u~d be null and wid.
; IT IS UNDERSTOOD that the word "Mortya9or" whether in the sinpular a pl~ral •nywher~ in this AAwtyap~, shall be atrgulu if on~ only and a
! ihall be plural jointly and severally if more than oru, and that the wwd "their" as used snywhere in thi~ Matp~ thall be Nken to meu~ •'his,•• ••h~rt,"
; or "its;' wherever tl» tontext w implies a ~dmits. Al~o, tFut wherever there is • reference in the covenanti ~nd ayreement: herein conuined to u+y of i
~ rhe psrties hereto, the sam~ shall be construed ro me~n ~s well as the heirs, leqd r~presentatives, successon ae~d as~iqro (either voluM~ry by act of t ;
r pari~es or involunt~ry by operation of ths law) of the s~me snd that the covenants hertin contained sMll bind and the benefi» and adwMS9q inw '
; to the respective hein, lpal repr~sent~tives, successon and u~'yrn of th~ parties hereto. {
t Md said lltiwtg+gors, fw themselvet and their heirs, legal reprexntatives, successors ~~+d ~uigns, hereby joimly and severalfy covenam ~nd apr~ '
to and with tM said MORTGAGEE, its successas and suigns:
` 1. To pay all Znd sirgvlar the principal a~d inte~tst and tM wrioin and sundry ~ums of ma?ey payabt~ by virtue of said p~omiswry note, ~nd this c~'.~ i
z morty~ye, e+ch and wery, p.omptly on tF+~ dap respect~vsly the sam~ sev~rally becom~ due. ~
H 2. To pay ~II and airg~lu the taxes, assesimenn, Iwi~s, Ii~biliY~es, obli~atia~s snd encumbr~nc~s of every nature ~nd kind now on s~id d~w~M~ `
~ propatY, w that her~ah~r may b~ imposed, sufiered, pl~c~d, levied, or ausued thereon, or thst here+fter may b~ kvied a~seswd upon tM~ ~
~ sg~, a th~ fnd~btedneu s~cursd i~er~by, each and ev~ry, wMn dw ~nd payabl~, sccordinp to law, befor~ th~y becane delirpeeat, ~fld bffOf~ MY IfMM~
e attachef a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAII 8E PROMPTLY SAi1SF1ED AND ~ISCMARGED O~
RECORD AND iHE ORIGINAI OFfICIAI OOCUMENT (SUCH A5, FOR IN5IANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENDORSE o
~ OR CERTIFIED) SHAII SE PLACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM ewnl 1Mt a~ry Nwr~of i~ ~p ;
paid, sat'sfied ~nd discherged sa:d MORTGAGEf may at any time pay the same w any part thereof witFw~t w~iving w af(ectinp any option, li~n, eqvity ePm
~ ~~pht under w by virtue of this mortg~ge and tfie full amount of each and every tuch payment shalf be immedi~tely due and p~yable and sMll bear inttrpt
~ ~.om ~he date thereof until pa~d ar rate of nine per centum per ann~m ~nd toyether wAh such intere~f shall be ~ecured by the lien of ~h:s morpta~e.
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