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59 h\CE 2611 ( )
Maroh
LA W~OdA his wife
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A,O. 19~ be~an
THIS INDENTURE. M.o. ,''' 20th day 01
Ben F. Wood and Edna
20 Maroh
Fort P~rc., Florid.,
for valv. recaivad, I, w. or alther of VI, p"omlH 10 pay, wllhout o.l.leallon, 10 tM o.da, oi FIRST FEDERAL SAVINGS AND lOAN ASSOCIATION Of
fORT PlfRCE at FOfl Plorc., Florida, Ih. Ivm 01 $ 10, '500 A 00 wilh Int.rut hom d.'" ., th. r.te of~ par .nnvm, In monthly Inltall,
ment. a. 'ol!owI; $~1S.-- on the 5th.-l.yof May 19~ and . Ilk. Ivm on ,''' cor~~ing ct.y 01 ..ch month IMr.-
afte, yntil the whola be fvlly p.id. ~
Each in.tallment linl .h.1I b, applied in paymanl of Ihe Inle,..' .nd IMn on Iha unp.ld b,al.nce 01 the p"lncipa' lum. If d.f.ult I. m.de In Ih.
payment of any in"allment when du., .nd I."h dafault contlnuel 30 d.YI, Ihen .t 1M opllon of ,''' ho'd.r, end wllhov' .ny o;har nolle., .11 Ih. I.mainin\l
ins,allment. .hall b. dve and pay.ble .t onc.. Privileg. il glv.n '0 p".pey thl, nol. In whole or In pert ., .ny 'in\4l....ilhovl penalty, Nellher lor.bear.nee,
nor acceplance by th. holder ,hereol ./r.r .ny del.ult In .ny pay",.n" her.on, lhell be o..me<I u'.nlion. A 1.,. pay"'an' c"'rg41 of $~~9. Ih.1I be
added to each In.tallmanl r.malnlng unpeld 7 d.Y' .fter 111 d;.,e de,., .nd . like lurn lhell be .dded '0 ..<h luch Inll.lI",.n' remllnlng unpeld 7 thy" .ft..
each lucceedlng paymenl da'..
Each maker, Ivrely .rod endorler hereof, Ioln'ly and .e';ar.lIy, w.lv.. d..n.nd, p"a..nlm.nl p'O'.I' .nd nollce of p'o'..' fOf '~payme;'i. .."d fvrt!wlr
.gr.~ 10 any e"tenllon of Iim. of payman'. ellher b,alore or lite, m.lurlty, wlthoul nolice 10 Iny of 1.11; Ind '0 pey ell coli. 01 collection. Including I
r...onable .ltorn.y'. f.. in Ih. evanl of .ny d.fault Mrevnckr. Ind "'reby laverllly w.lv.. .11 benefll 01 ho",.IIeld .nd enmplJor und.r ,.,. con.lilu/loq
and lawI of each St.t. of Ih. Uniled 51.'.1, 1& a",I;I\I1 Ihb obl:gatlon or .ny. ulenai"" or r.new.1 hereof. ."
Wi.n~. 1M h.nd .nd 1..1 of nch party.
sl Ben F. Wood
~ ~,dna L. Wood
,J,
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(SEAL)
(SEAl)
(SEAL)
(SEAL)
10 e t:) 0 ) Sl.'e Revenue
(Slimp' Clncelle'i on origin. I no'e)
NOW. THEREFORE, ,he MORTGAGOR lor I'" purpoH 01 lewrlng paymen' 01 laid lum of $ 1 0 ~() . 00 . .nd ,h. performlnce of lhe
cov.nlnlt .nd .gr..",.nll hereinafter e"pretla<!, .nd lor dlv." good Ind v~lu.ble cOMld."tionl, by ,r;;;; prll.nll, doel grlnt. berg.ln, 1111, I.mil',
,ei...., con..y .nd confirm vnlO 'he MORTGAGEE, It. .uccenorl .nd .nlgnt. .11 ,...., cert.in 101, plece or pe,eel of I.nd, .llu.te. lying. .nd b,aing In Ihe
Covnty of St e J ,'lC 1 e , end $,.,. of Florida. tHlCI'ibad .. follOWlr
Lot 7 and the North halt ot Lot 8 Blook 1,
MELISSIA MEADOWS, according to the Plat.thereof
as reco..:ded in Plat Book 9 at Page 72 ot the
Public Records of st. Luoie Oounty, Florida. V'
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log ether with .11 .nd .Ingul.r 'h, 'enemenl1. heredll.me,," and .ppurtlnc.. 'Mrevn'o belOtliltng or In .ny;v:.. .ppert.lnlng lher.to, .nd .11 re,,!1. 11Iue.,
p,oceedl .nd prof lit eccruing end '0 accrve from .ald p".mll", III OT which er. Included In ,he .bov. end for~olng cletcflpllon ....d h.bendvm,
TO HAVE AND TO HOLD Ihe .bo',e tHtctlbed .nd gr.nled premlMC unto ,he ..Id MOPTGAGEE. I" .lICCeltorl and ...Igna lorave,. And Iha uld
MORTGAGOR IOf their hei". .xeCU'orl. Idmlnlet"ton .nd nllg"', hereby COVeNnl1 with 1M .ald MORTGAG\;E. lit lucce..on .nd aulgn..
Ihlt they are I.wfully :lalzed of ,"" uld l".ml..1 In f.. Ilmple, thel the UrM .~ fr... clear Ind ditehlrgad from .11 lIenl .nd "ncum-
bllnc.. In law or In eqvity, .nd llut they wlll.nd their helra Ihall warrenl .nd cHfer.d lhe lilla '0 'M ume to th. uid
MORTGAGEE, III IVCCetlOn .nd ...i",n.. forever egll"" the lawful c1.IMI .nd d.m.nd. of III pMION;
PROVIDED. ALWAYS ,h.' If lhe MORTGAGOR lhell pay unlo ,... MORTGAGEE the promlaaory nol. herelnb.for@ dflcrlbed .nd ahall Irv!y. promplly
and Ivlly perform, diach.rg., exftCUle. complel.. comply wllh .nd Ibld~ by .Kh end .v.ry 1M Itlpul.lions. .gl..m....t.. con.:litlona .nd cov.nlntl of uid
promiuory nol. and of Ihr. Mortgege, lhen 'hll MQrt",ag. end ,he fall'. her.br crealed .hall cell. and be !WII .nd void.
IT IS UNDERSTOOD ,I>.t t'" word "Mortgagor" whalh.r In ,.,. Ilngular or plural .nywher. In thll Mortg.g., .h.1I be .lngul.. If OM only and
Ihall b. plur.1 Iolntly .IId ..ver.lly 1f more th.n on.. .nd ,het ,he wo..d "Ihelr" .1 UMd Inywhere In !hil Mortg~ .hall b,a '.\an 10 mun "hi.:' "h.","
or "ill," wh.r.ver lhe COIII.xl 10 Implle, or edmlll. A'~. the, w...r....r ,h... I. e r.f.renc. In ,he coven.n" .nd IgI..menlt her.!n com.lned '0 eny of
rhe parlie. herelo, rhe leme Ihall be ""'"!rued 10 ",.In .. well 81 ,.,. h.ltI, Ieg.l r.pr...nf.tlv~.. luccatlOf'l .nd eulgnl (,Ither volvnt.ry by Icl of lhe
parliel or Involuntary by operation of th. I.w) 01 lhe ..m. Ind Ihe' Ihe coven.nll herein ,onl.lned .....11 bind end 'M benefitl .nd .dv.nlag.. 1"'''''0
10 lhe relpecllve heitl, legll repre.en'.'lvel, lutultorl .nd ...\gnl of lhe p "il.. har.lO.
And ..Id Mor'gavor., for Ih.m..lvel er.d lhelr Mlrl. legel repteun'allvu. ..JCCouort .nO I..iglll, her~y Ioln'ly .nd ..v.rllly covenant .nd ogr..
10 .nd wllh lhe ..id MO!lTGA",ii:, ir. ol,l<<ft.on .nd 8ulgnar
1. To pay el/ .nd Ilngul.r ,he p"lnclp.1 .nd Inl....t and ,he verloln .1'1 d IlIndry tvtnl of moowy payabl. by virtue of ..Id pro.-nlnory no,., and thl,
morlJag., elen .nd evary. promptly on lhe d.Y' r~i....ly the wma uv.relly become cW..
2. To pay .11 end Ilngullr 'M 'OX"", ......1'1'>I"1'. lev let, I..bllllifl. obIlg.lionl .nd tnCV1T\bf_ Qf every na'ure .nd kind nqw on u!d d.tctlMd
property. or Ih., h.r..-fle, m.y be ImpoH<J, luff...d, ",,,ed, levied. N .-..ad lhereon, or 'hel herw'., m.y be levied or lua...d upon ,hil Mortg-
ag., Of Ih. Indabledn.n ..cured har.by, ..ch and evelY, w"'n ck,... .nd pay.bl.. I<<Ofdlng ,., ,.w. before IMY becoma".;.lInquent. .nd belor. .ny Inl..ell
aHachel or any pen.lly I. Incurred; AND II/SOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAll 8E PROM!l.TlY SATISFIED AND DISCHARGED Of
RECO~D AND THE O~iGI'\jAl OFFICIM OOCUMEm (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATiSfACTION PAPER OFFICIAllY ENOOR~O
O~ CERTIfiED) SHAll BE PLACtD IN ThE HAM)S OF SAID MORTGAGEE WlnilN TEN DAYS NEXT AFTU PAiMENT; .nd In Ihe even' ,ha, .ny Ih.reof I. nol
p.:d ..rlfied and di"h.rg.d ..'d MOP.TGAGEE ~'y .1 .ny 'i",e p.y Ih. I."'" or .ny par' lhereof will>oul ",.ivlng or Ifi.c;tlng Iny option, Ii.n. equity or
r;\:h, vnd~r or by villU<l 01 Inil mortg.ge and the full amoun' of eadl .nd tvl!ry .uch p.ymtnl Ihall ~ Immedi!'ely due .nd peylbl. Ind Ihlll bear in'.rel'
f,om the date Ihereof unlli p.'d ., rat. 0: nina per cer~um ~. .nr\urn Ind logelhe, wi,h .vch Inl"f.,t Ih.1I be MCUI~ b'/ Ih. lI.n of Ih" mo''''.ll.'
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