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MORTGAGI[ Ol[~ R.
trY: ~
5 ~1:J~l[w. ,.ORM R .. .'1
litis ~ndcntllrr~:~uL![ (~,n.'~l~~j
IM'-un""
.lladr this
9th
day of
l.~arch
. A. n. Ifl 61 .
Bttwrttl A.H. AR'l'ER, JR. and JUN~~ A'RT;:',i-{, his wife of
204 l.:nple Avenue, Fort Piprce, Flori da
('allt'd the ,\Iortgagors . allCI George Sorowi tz ~ a 31 r,c18 H.du~ttllt'd thp .\Iorty(/yt'c
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lttilntsstth, That tll,' wid ,\Iort(JtlgorS . for and ITI ('onsiclaatioll of the SIIIll of
SEVEN Fr1\DR!m A "It) FIFTY A~lD NO/lOa - - --
J)ollars,
to
them
in halld paid by the said .llortgagt'e . /lIP receipt whert'of is haeby ackllOwl-
t'dgt'd. \'; e have
grallted. bargained nlld ..old to the said .\Iorlgagt'f'
his
heirs
and ~SSignS forel'u. the followillg describC'd land. sitllat~. lying and being in the CO:l/Ity of
~St. Luci.c . State uf Flori d"" . to-II'it:
:<tot 10 S lad.;: 8 of S'TS::T Pl'.F.K SFPDIVTSTC:/ beini" 3. rep1at of
'~13t book 11 pare 22 ano recorded tn plat hook 11 psCn. 28 of
I~he. p'-l01ic rAccrds of St. Luc1~ Cotmty, Flcrrida.
ID'his mortgnre js sd)ordinste to a first lien hclc by the
a1m Bee,ch Mar tgage Company in the 2.}) pro:xi 1;.8. te sum of
EN ~HOUSA1'7D SEVSr :-H,T}:DRED DOLLARS.
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1~~aYments tc be at the rate of rrNEWrY ?IV' D0LLA:iS U:2.5.00) per
8month. First payment to be on April 15. 1961 and then on the
S15th day of each st:.ccl-edin;,:, r,onth, the bRlance to be peid on
Uarch 9, 1962. On each 01 said peymFnts it shall be applied to
interest f1 rst and t~'u:m towards pri ncipsl, 10% interest thereon.
MortgaL~ors have the pri vi ledfe of' pr,..,-payment wit :lOU t pen:d ty.
and the said .llorlgagorS do
hereby f/llly warrant the title to said land. and will d('f"1/(1 tht'
same against the lawful daims of all persons whomsoever.
l'rOLJidtd Rlwaysr That if said Mortgagor e. thei r heirs. legal reprrspntatives
or assigns. shall pay to the wid .l/or/gagee his lpgal represpntatives or assigTlS. a
crrtain promissury note. a copy 01 which is on the reverse side hereof. and shall perform and
compty with each and ellery stipulation, agret'ment and covenall( of said lIote alld of this .\fortgage.
thell this .llortgage and the estate hf'reby created shali ",' void. otherwise the same shall remaill
in full force alld virtue. And the said Mortgagor covenant to pay the interest and principal
prompt;y when due.. I:J pay the taxeli and aS$t',uments on said property.. to carry insurance agaill,(/ 1
fire In the building on said land for not leu than $11,500000 . approved by the M ort-
gageI' . wifh stalldard mortgage loss clallse payable to Mortgagee . the policy to be held by the
.llortgagee . to keep the building 011 said land ill proper repair. aud to w{Jive the honustead I
exemption.
Should any of the above covenants be broken. then said note and all moneys secured hereby
shall. without demand. if the .'lIortgagee . hi s legal repl'eSf'ntativt'l or assigns. so
elect. at once become due and payable and the mortgage be foreclosed. and all costs and expensf'l
of collectioll of said mOflc:lt! with or without suit. including a reasonable ff'e fur the Mortgagee
a(tomey. shall be paid by the Mortgagor . alld the same are .'Jereby secured.
)n lttitntss 1tthtrtot, The luid Mortgagor 8 hereunto let their hand s alld
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It'al S the day and year fir" above written.
Signea. ",./ed and delivered in allr pmellce:) ...L ~ ,'.." ::': I
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