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Home My WebLink About0705 • 3~1899 21 st November 75 THiS INDENTURE. Made the day of A•a• ~9----~ b~~`"'~°^ Frederick S. Buss.~rd and Yvo~ne l;ussard1 his wife . ~ ~ i of • uCle Counry Florida, here~nefter des~~nared as the "MORIGAGOR," and FIRST fEDERAi SAVINGS AND IOAN ~ ASSO:.IATION OF fORT PIERCE, • corporat~o~ ayani:ed and ezisting unda the la~rs of the Un~ted Suios of Americs and havir~ its prirtci~el p~ace of i bu:~ness in the City of Fort Pierce. St. tucie C~+nty, Flori~a, hereinaher dasig~ated es Ihe °MURTGAGEE:' WHEREAS the MORiGAGOR ~s jus~ly indr6trd to the MORTGAGEE in Me sum of S~~ ~Q__- good and law(ul mor.ey of thc Unltcd ~r,+t~s edranced by fhe blpRiGAGEf ~nro th~ ~d08iGAGOR, as evidenced by a cen„n prcm~seory note of even date herrwith, of wh~c1. the fol;owing in ds and fi~urrs is a t~ua copy, to-r:A: s 30i000.00 - No11000368 F~,~ P;~,~e. Fio,;~,, _ November 21 , 19 75 For value receivecl, 1, vva or cither of vs, From:se to ay, without defa!cetion, to ~h.e o~der of FIRST FEDERAI SAVING$ AND LOAN ASSOCIATION OF ~T PIERCE at fort F~ercr, Flurida, th~ sum of $.3O L~~~• ~ v.~ih ,~~r~~~•:~t fram Jate at ~he rate of .9__ _°o pe~ annum, in monthty ins?all- ~ - - - ~s as 1c:io«a: 5-25~-1 - o~ ti~e20th d~y oi March t?.76 _ and a like sum on the correspond~ng day o( eath month therr ` unhl riir who:e k:e fu:ly pa~d. Each ~n:ta!li•~rnt f~rst shall be ap;r~ed in paymrn~ of af~e ~~:rrn•st and t~:~r~ .•n !i~e unua:d baiance of the prinupal sum. I( default is mad~ in the ~~u of any ~niTai:~:sent ~:hin di:e. s~.d su:h det,~It cont~nucs 3~ days, than at :!,e op+„n oi ~?~e hoider, and wlthout any other notice, all the remaining ~„'~ne~}ts shail be ci.,c and pay~i~:e at o~cr. P~~v~:eyc is g~vrn to prrpay 7h~s nute in wi:ole or in pait at any time without penalty_ Neitht~ forebearonte, '.~;eep`ance by ti.e hetd~~r thereof ai~e~ any defau~l m any payments herron, shal! 6e deerned extension. A fate payment ctiarge o~ Y? • 6O sha~l be J to erch insfal~me~it remain;ng ~~pe d 7 days oftef its due deie, and a i~ke s~n~~ sh,~!1 !>e ad~ed to each :~ch instatimeM remaining unpaid 7 days aite~ ,ci, succeed~ng payn:ent date. 3 Eath maler, wrely and endcner hrrruf, ~o~ntly and se+rrelly, wa:~es dr;~and F;res~ntmr~~ protest and not~ce of protest for nonpayment, and further ~ ~,•s to any eatens~on of t~~„e o4 pay~nent, _-~fi•er k,:•!ore ~r afi!er r~~a:~r;r~, v:~r.:c.~t ~...e to any of us; and to pay afl c~sts oI eoifection, incl~d~ng s ~ rab(e attorneyb fee ~n the ev_nt of an~ cietooi~ i:ere~ndc~, and herrby sc:~••a'~y •,n,a~ves a~l benefit of homestead and exemption under the eonstitWion ( ~.+~vs of each S~ate oi tnc United 5'd!CS, 3S a~~ir:it th~s o6i~yet:on or an~ e~ta: sw•~ cr ~enrwal F.ereof. ~ W~t:ies~ the hand a~~d sea! of cach Fa~rY t S/ Frederick S. Russard ~A~~ (SEAI) S/ Yvonne Bussard ~E~~ $45 . 00 (sEnu _ _ ) Statt Revtnue w x,'X xaCb[~kot YdC0C7GadSC aCDe3 NOW, THERE~ORE, the MORTGAGOR fo• the p~npose of securing payment of satd sum c; S_ 3O snd the performar.~ of ths ..:~~~onts and agre~ments here~nairer expres~rd, and for d~~ers good a~d vatuab!e cc~s~derat~ons, by these presents, does g~aM, bargain, se~t, remise, ~ .se, conve and con{~ untq rh !J' ~tivAvEE, its successon and assi ~s, al; thaf cer:ain 101, piece or parcel of land, situate, IyiAg, and bemg in the ~ y J~ . L11C~ e 3 Cc~nty of _ and Sta!e of Fiorida, drscribed ss follows: ~ i_ot 32 Block 196, POItT ST. LUCIE, SECTIOI~ 4, as per Plat thereof on file in Ylat Iioo:. 12, Pages 14 A-G, accor~iing to the Public Records of St Lucie County, Florida. I3y agreement of Mortyagor and Mortgagee on file with the blortyagee, the within mortyage secures not only an existing indebtedness, but also ADVANCES to be iiERF~'iFTER made by Mortgagee to Mortgagor, the aggregate of which will equal the principal amount specified in the promissory note secured hereby. . ~ o ~ ~ : .3~~aG - S/~`~- /o? - L~GD ; ~ STAT~ =-,F ~!r J ~ ; ~ ~ OUCz~MEN?AR`!,= :='~.~z ~ 1 l; n~ > ~ RECEt11Ep • ~ IN PAYMEJtT OF TA~(ES i v :r R E Y E h U~•' ~ ~ ~ ' DUE OM (XAS6 'C INTAN616LE PfRSQf1AL ~ ~ c ' ~ i)"c. T. - e ~Y ' Q s. = aov2a•~s ~ 4 5. 0 0 i ru~T To ~n-i~. ~ oP is~ E ~ ~ _ ,r ~ i f Po~TRIIS ~ rn ~ - i o ~ CLERK CIROtIR CWIR~ ~i LUC1£ C0, FU~ s ~ E ~ ~,e'her with al: and s~ngvler the tenemen~s, hered~taments arw appurtances thereunto belongirg w in anywise appertaining thetefo, and all rents, issues, -~:eeds and pro(1ts accru~ng and to accrue from said premises, all of which are included in the above +nd fwegdng dewiption and hsbendum. ~ TO HAVE AN~ TO NOIU the above descr~bed and granted prem~ses unto the said MORTGAGEE, its successon snd assigns forever. And th~ ssid ~ thei r _ ~ ~~iGAGOR fo~ - - heirs, eaecutws, admirsistratorf and assigns, hereby covenants with the said MORTGAGEE, its sutcessors +nd ~uiyns, , they__are ,awf,,,,Y se~:ed of the sa~d prem~ses in fee simple; that the same are free, dear snd dixharged from •11 liens and ~ncvm- ~ 3 ..;nces in Iaw.or in equity, and that_they _ w;ll and their ~~~s ~hall warrant and defend the title lo the iame to the wid ~?iGAGfE, its successors and asa~gns, lorever against the lawfVi! claims and demands of a~l persons; PROVIDED, AlWAYS that if the MORTGAGOR shal~ pay unto the MORTGAGEE the promissory ~ote hereinbef~t~ destribed and shall fruly, promptly --d fully F;erform, d~scharge. execute, compiete, cornply with and abtde by each and every the stipulatio~~, agieements, co~ditions and covenaMS of said ~ :-c nlssory note and of this Mortgage, then this Mortgage a~d the Estate hereby created shall cesse and be nutl and void. t IT IS UNDERSi00D that the word "Mortgagor" whether in the s~~+gular w pfural anywhere in this Mortgsge, shall be singular if one only and y be plural joi~tly and uverally if more than one, and that the word "their" as used snywhero in this Mortgage shall bt tsken to mesn "hi~;' "hets," ~ ~ +~"'~ts," wherever the conleai so impiies or admits. Atso, tnat wherever there is a reference in the covenants and sgreemenb herein tontsined to ~ny of ~ i ~ +r.e parties hereto, the same shail be constr~ed to mesn as well as the heirs, legal represeNativef, suttessors and sssigni (eithe? voluntary by aN of th~ i ~ ; a~r~es or invo!untary by operation of the taw) of the same and that the covenants herein contained shall bind and the bene(its ~nd advaMSyd inure ~ rhe respective heirs, legal representatives, successors and ass~gns ot the part~es hereto. ~ ~ 4 ~ And said Mortgagors, for themselves artd ?heir hein, legal reprosentatives, successors and assigns, hereby jointly and severally tovenanf and ayree i ~ ro and with the said MORTGAGEE, irs successws and ass~gns: ~ 1. To pay afl and singulsr thc principal and interest and the various and sundry sums of money payable by virwe of ssid promissory note, and thif tj~ ~ Toirgage, each and every, promptly on the da/s respKtively the same severally become dva ~ v ~ 2. To pay all s~d s~ngular the taxes, assessments, levies, liabilit~es, obligations and encumlxsnces of every nature and kind now on said described ~o ~ ;,roperty, w that haea(ter may be ~mposed, suffered, placed, lev~ed, or assessed thereon, w tF?at hereafter may be levied a essessed upon this Mwt¢ vo~ ~ age, w the indebtedness secured fiereby, each and every, when due and payable, according to Iaw, before they become delinquem, and be(we any interes~ ~ +•~~ches w any pena(ty is inwrred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPiIY SATISf1ED AND DISCHARGEO OF s ~~rORD AND THE ORIGIhAI OFFfCIAI DOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIP? OR THE SATIS~ACTION PAPER OfFICIALIY ENDORSEO ~ ~~k CERTIFIED) SNAII BE PLACED IN TME HANDS OF SAID t~40RTGAGEE WIiHIN TEN OAYS NEXT AfTER PAYMENT; and in the eveM that any thereof is not ~ 3.d, sat'sfied and discha~ged sa d MORTGAGEE may at any t~me pay thr same or any part thereof without waiving or •ffecting any option, lien, equity or ~ •~;ht ~nder or by virrue of this mortgage and the full amo~nt o~ each and every such payment shall be ~~~~mediately due and paysbk a~d shsll bes~ interdl ~ i,; T.t ~.;.,r,. e. _ c.~ a, rare of ~:ne pe~ cent~m per annum and togerher w~~h such inte.est shall be secured by ihe :ien of th s morg!age r . , - . ~ ~`i ` s-- ~ as-~' ~'s",~~ ~.a~~...~,.~ _..~s_~.~ . _ .