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e
11th
THIS INNHlVU. MtIo. t"',
'~. L COB Lzs
Marc'n.
1961
"-0, lv-----o befwH"
cMy of
BIlll wife K5.t~ 1! Coate
of ~8. l' nt I.uc 1. \j , County florid.:-, w.....ft... dMigNt.-d .. 1M "I;\ORTGAGOR:' ....t flRsr fED~I1,^, SAVINGS ~~AN
ASSOCIATION Of f()4tl PI!I,(C(. . corpo<atlon o<g.nlzed .nd exiol1ng uNH< 1M 1,'Nt of tho Unl'-<i S"t-M of A/na,k. and Mvlng III p,lncip,1 placa of
~ In 1M C1ty of fort "....ce. SI, Lucie County. flotl<!.. walnalte< d.ai'ln.'.-d aa tho "MORTG,'GEE,H
WKElEAS tho MOllTGAGOQ''- tuttly Indeb,-d to the MOIlTGAGEE In tho a\IM of $ 12.000. 00 . good .nd lawful money of 1M Unlled
Sta:ea adv.nc.-d by tho MORTGJ!\GH "nto 1M MORTGAGOR. .a ...~ Dy . cartain promiuory nol. of .....n d". "'rewilh, of which IN k,lIow:"O in -
word. .nd f'9U<aa II . trva COPY. 10-..1"
$-1.?, oon .()o
Fon P~. flOlIda.
11
March.
No
9196
19 61
For ....Iu. ,,,caived I or _ jolnlly or .....o"lIy prom i.. :0 pay Ie FIIlST FEDERAL SAVINGS AND LO,'N ~'''TIOH f'f fOflT PIERCE, wilhout
.-j.lalealion, the aum of $ 1::> ,000. on . al iI, offlco in for1 P..rct. Florida, wilh inl..eal al th. ,al. of ~.!:2- po' ce,,1 p<.r, annum,
p.yabl. in the followi~ manMr:
$ 120. OC upon the 1 s t of .ach and .very menlh he,..he, unl,l Ih. full principal sum. with inlor~", "as boon p.id, uid monthly
p.ymonll ah,1I be .ppli.d filsl 10 the p"ment of interesl on Ih. unpaid b.la"", and then 10 the p,ymenl of princip'l. Privil.-g. of m.ltbg p"ymenls ir-
advanca of dve d.l. i. ,,"ioad,
Thla note II ~labI. end If d.ef...h In p.ym.'" o<curs, m.y be placed in Ih. hands of an .ttorney .t I..... for collect\ol\, In whkh ........t I 0< w.
.-gree to pooy ttM CQIlr. of collection, Ir-.cluding . "..~bl. .ttorney'a f... a"d ..ch of va, w...l.... malr.e<. O\Hlr.ntot 01 ,tndone', "'reby ...,....lIy ...81.....
cHmcnd. nota of non-pay""",,t .nd protfll of thi. nol..
W L COATS
KATIE B COATS
(Sf AU
(SV.L) -
(SEAt)
(... ) SII'- ~.venue (SEAL)
(SI~ cancelkd on OI'iglMI not.)
~W. THEREfORE. t'" MOlHGAGOR. for the PU'PO" of MCuring peym.nl of ..ld wm of $ I? ,000. 00 . ,,'d the porforr,,.nc. of lhe
ceven.nn .nd &9/Hmenn hoorlin.fte, .xpr.....d. .nd for di...." \load .nd v.lu.bl. consld.retionl, by I..... pr..ants, doea gronl, ba'glin, sell. remi...
rel..~.. conv.~ tnd crfirm {nto th. MORTGAGU, ill avc"..OIl ~nd ..aigna. all th.1 cert.in lot. pi.ce ()( pe".1 of I.nd. altu''''. lying, .nd being In the
County of . uc e . .nd Slit. 01 flo,id., described II follOW1:
12.00
NWt of NEt of sWi, less West 225 feet; and also from SW corner of swt of NEt
of swt run Ea~t along south line thereof 423.7 feet to the Northerly right
of way of Okeechobee Road (66 ft. R/W) thence run Northeasterly along
Northerly right of way of Okeechobee Road to the Eastern line of swt of NEt
of swt, thence run North along said Eastern line to the Northeast corner of
swt of NEt of swt, thence run West along Northern line of swt of NEt of swt,
to a point 191 feet East of tl1e Northwest. corner of swt of NEt of swt,
t~ence run Southeasterly 695 feet, more or less, to the point of beginning;
all being in Section 17, Township 35 South of Range 40 Eaat. ~
,\ '
tog.ther ""ilh all a...t aingular t'" I.nement.. he,.-dilamenl. .nd .ppu~."'<ri Iha,.""t" belO"9ing 0( in anywise .ppert.i",ing ther.to. .nd .iI renn, iuu".,
proceed. .nd p,',)fiU lCc-ruing a...t to ac<rU. from uid pr.mi..s, ail of which .re inch:d.-d in !Oe .bo.... .nd fo'.-going desaiplion .nd h.bendum.
TO H"VE AND Tg H<?LD 1M .bo.... deocr;bod .nd gllnled p'~"~' unto Ihe lO,d MORTG.t.GEE. it, succeuon ....t ...igna for....", And lhe uid
MORTG~GOR fO( t e 1" "'ill, .",~vton, .d",inisl..tOrs ..v;I ''''>I''s. h".by covenanll with ,he uid MORTGAGEE, ill SUCcelSon and ...igOl,
'h,t _ _: 1 p Y ar e I.wfully ..i,ad of th. lIid premi... in fee simpl.; th.t th. u",. ore frOft, c1.a, .nd ditcharged f,om .11 liens end .ncum-
branc.. in I.w or In aquity. .nd Ih.t they will end t'hA 1. l" heill .hall WII"n! .nd defend lhe lill. 10 the ume to Ihe >old
MORTGAGEE. In ",c"uon .nd ...ign.. for.ver .-g.insl lhe I.wful claim. and dom."ds of .11 pe'sons;
PROVIDED. AlWAYS I~I if lhe MORTGAGOR .h.1I plY unto lhe MORTGAGEE the p,ominory nole MreinbefO(. de.cribed .nd ahall truly, p'on'.plly
.nd fully porform. d,schargo, execute. comol.,., com!"ly wilh ar.d .bide by e.ch .nd e...e'y Ihe alipulalions, agretmenll. condilior.. .nd co...en.nll of uid
p,omiuory nol' .nd of thi. Mortg&9', I"'-n thia Mortgag. .nd 1M Ellal. ......by cr..,ed sh.1I ce.... and b. null .nd void,
IT IS ~:~OERSTOOD Ih.t the word "MortgagO(" w'helher in lhe singula, 0<' plural anyw"'re in Ihis Mortgage, .h.1I be sir,gular if o"e only and
.nail l>e plural jointiy .nd ..~relly if more Ih.n one, .nd ,h., Ihe wOld "Ih.,ir" II u.ed .nywhere in Ihis Morlyage sh.1I be I.lten 10 mean "his," "hers,"
0< "i,.," ""'>ere.....' Ih. conl"" ~ impliea Of .dmill, "1.0, ,h., wherev.. there i. e referer<e in 1113 coven.nll .nd .greement. herein conlli"e~ to any of
th. porli". her.'o. the 10m. .h.1I be construed 10 mo." .. .....ell II Ihe neill, 1.....1 repre..nt.li.... .""o"ors .nd ."illns (eilher ...olunt.r, by .~ of ""
portie. or in...oluntary by operalion o! Ih. I,w) of I~.e ume and ,h., Ihe co.....n.nll he',;n conlained shall bind .nd Ihe benef'll .nd .dvanlag.. inure
to t.... r.'pKti.... he,,,, 'eg.1 repre,enfltive" ,vcces$Of"I and .uigns of tM plrties hereto.
And uid Morlg.golO. for lhem..lv.. and Iheir .,,'11, leg.1 repr.aen,,'i'.-e., succeUOII .nd en1gns, :'OIeby joint!" and ..verally coven.nl Ind '9re-
to .nd ""ilh Ih. uid MORTGAGEE, ill succeSsors .nd .ui::ns:
i. To p.., .11 .nd singula' .ne principII and inl~resl and Ih. ...,iou. .nd sundry au"" of mooey p"y.ble oy ...i-Iue of uid p,omi'\C'y note, ....d Ihi.
..-.ortg'9'. ,,"ch .nd ....ery, p'Of:'\plly on the day. ,..pecllvely Ih. ume .......r81Iy become d....
2. 10 ,,'y .11 .nd .,ngui" the I...... ...e..n~nU, lev,eI, li.bilai.., obligalion. .nd encumbrance> of e...ery nelVre end kind now en said de,cri""d
propor~f, ." Ih., he'e.f"', m.y b. imposed, .ulfored, pl.ced. levi.d, 0: .uened Ihereon, or Ih,t h...,lte' may be lev;.d or ...e"'Xl upon Ihi. Mortg-
.g', or lhe i.,debladneu """,ad her. by. ,,"ch .nd eve'V, wMn due Ir.d plv. ,'., IC<.orcii"O /0 I.w, belor. lhey becQr... de.inquenl. Ind before .ny lnleresl
a!tathe. or .n, pen.'t, is incurred; "NO iNSOF,"il AS ANY THEREOF IS OF PLCOI<D TH~ S"ME SHALL liE PR\,;I,\f'TlY 5ATISFIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR iNSTANC~. T,,~ TAX RECEIPT OR TrlE SAOiSFACTlUN PAPER OfFICI"UY ENDORSED
OR CERTIFIED) SHAH 8E PLA':ED IN THE HAND!. OF 51,10 MORTGAGEE WITHIN TH~ DAYS NlXT ,6.F1El', PAYMENT; and in Ihe eveI'I ,h., .ny the-eof is no!
p.id, III,sfled .n.i d,sch"ll~ uod MORTGAGEE mav .: ,flY !,me p.y Ihe ume or any part It.e, .of wilhoul waivi.-.g or .ffOCI,ng any option, lien, equ"Y or
righl under Of by virtue of Ihia mor'gag~ ond the full .mounl of e.ch a...t evtlt .v<h p.y..n,~1 ....11 b. irnmedi.,~y due and poy.bl. .nd .h,1I be.. interell
f,om the date lhereof un:,1 paid al rIte of nine p"r cenlum pe, eMum and l'>gether -.v"h such inlerest sh.1I 00 secured by Ihe li.n of Ihi. morOl'lg.,