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THIS INDENTU~E.' ~ the..-21 s t cHy 0'
Edward Schaffer and
~g 1..\_[325
March
Martha Schaff'-:3r.
his wife.
A.D. 19~ between
0' -.:;:.Jit... Luc 1El . County florlda. heralnafter dellgnal.d II Iho "MORTGAGOR," and HRST fEDERAL SAVINGS AND lOAN
A..\SVCIATION Of fORT PIERCE. a eo'f-Ot'"ion organbed and exilllng undor Ihe laWl 0' the Unll.d Slltel of America Ind "avlng I" p,incip.1 pl.ee 0'
MU- I... !he City of fort Ple<co. St. locie County. rlu,lda. hereinafter dellgnal$d II the "MORTGAGEE."
,,'Htfl~ 1M MOI1l)AGOIt II lu"ly Indeble<: 10 the MORTG....GEE In tho lum ,,' $ h, 500 00 . good tnd I.wful money 01 Ih. Unit.d
Sialel ~""~ by me AAOfHGAGEE unlo the MORTGAGOR. II ev\.ionced by a corl.in p,ominory noro 01 ....on d.to herowirh. of wh;eh rhe lollowing in
wordt and 'It"".1 II e Irve copy, Io-wit:
$ u., 500 . 00
No
11 .0 1L
'9~
Harch
21,
Fo<I Plo,c.. f:o<ld..
For v.lue ,aui...od, I. we or .irho, 01 U'. p,oml.. to pay. withoul delale'llon, 10 ,h. o,d., 01 FIRST fEDERAL SAVINGS AND lOAN ASSOCIATION OF
FORT PIERCE al ForI Pi.,ce, florida, lhe .um 01 $ 4, '500.00 wilh int.,.., I'om dllo al lhe "I. 01 ~ p.' annum. in monrhly In.r.ll-
m.n" a. 'ollowa: $ 45.00 on the l5th day of May , 19~ and a lik. .um on Ihe co<'otpond;ng day 01 ..eh monrh th.,o-
alt., unlil tho whole be lully peid,
Each in.tallment linl .h.1I be applied in paymenl 0' Ih. Int.,..I end then on Ih. unp.id bal.nco 0' Ihe princip.1 'um. "d.hult i. m.de In Ih.
peym.nl 01 .ny in.t.llm.nl when dv<l, and .uch del.ull continue. 30 d.y., Ih.n 01 Ihe oprion 01 lhe holdo,. and wirheul any oth., norie.. all the '.m.in;ng
on'I.llmenr. .hall I>e due and poytble 01 onco. Privilege i. gi....n 10 p,epay Ihit noto In whole 0' In pa't 01 any 11m. without p.n.lty. N.ith., fo,obe.ranc.,
') ;)1
nor .ccepl.nce by Ihe holde, the,eo' alte, .ny d.f."It in .ny peym.nr, he'.on. .h.1I be de.mod ext.n.ion. A lat. p.ym.nl ehargo of $.!o-,-",..2,~ .h.1I be
.dd.d 10 ".ch in...llmenl ,emaining unpaid 7 d.y. .ftor it. due d.le. .nd a like .um .hell be .dded 10 each .ueh in.,.lIm.nl ,em.ih!ng unpaid 7 day. .It.,
e.ch .ucc~ing paymenl d.I..
Each mek." .u,.ly .nd .ndo..... he,.of, 1.,lnlly and ......r.lly. w.i..... demand, p,olenlm.nl p,ol..t and notico of p'o'." fo, nOllpaym.nt. one! furthQ,
agrees to any extension of time of payment. eilher before Of after maturity, without notice to any of Vii and to pay all COJh of collen;on, includ.ng a
,.a.on.blo altorney'. f.o in the .....nl 01 any d.f.ult h.'oundor. and h.reby .eve,ally waiv.. .11 benefil of home.tead and exe!,"ption und., Ih. conUirurlo.ln
and I.w. of each Stal. 01 Iho Unilod Slat.., .. agein.t Ihl. obligation 0' any ext.nsion 0' I.".wal he,ool. .
Witn.n Ih. hend end ..01 of oach parly.
SSI Edward
Z Martha
:$chaffer
Schaffer
._ (SEAlj
(SEAL)
(SEAL)
(SEAL)
( $4. SO
(Slampl cenc.lI.d on orlgln.1 nolo)
NOW. THEREFORE, tl>o MORTGAGOR lor lhe pu'po'. of lecu,lng p~ym.nl 0' uid ,urn 01 $ u. 500 . 00 .nd Ih. perlo,monce of Ihe
co....".n.. and agreeme.,I. he,.in.fr.r .xp,e...d, and 10' di...e.. good and ~aluable con.id.,ation.. by lhe.. proton It, doe. lI'an', bo'g.in, ..11, ,.mi,e,
,el...e, convey .nd confirm unlo th. MORTGAGEE, ill lucceno.. .nd a..ign., all thaI c.r'oin lot, piece or parcol of land, .iluot., lying. and being in Iho
St. Lucie
) SI.te Rov.,~uo
Counly of
.nd St.lo of flo,id., dOK,ibed .. 'ollow"
Lot 8 of
thereof
records
GARDENVILLA SUBDIVISION, as per
on file in Plat Book 9, page 61,
of St. Lucie County, Florida. ~
plat
public
(JO
RF:CEIVED, 9 ----- - IN p,'.Ylr,./T OF P'(ES
DUE 0'; CI A(:" 'C' "Hl'I':'G~ r ".,I',.,)~A'_ "',O?i::Rrl'.
PUQSUA"I't '0:>' ',,, ;::~ ':. -,...T:,0F 1941.
ReG; , . .,... ,U. rk Cir:"" C~-vTt
os /-".:nl Lr :. U II'';' M. JA....'=S
~I. lu~ ~~~~IZ!~?t;-
DEPUTY CliRK
t"",.ther with .11 .nd .inguiar the lonemont.. he,.dilamenl. and appu'tanc.. Ih.,eunto b..!onging or In anywi.. .ppe,lolning Ih.,.to, .nd all ,ent', Inu...
p,oceed. and p,ofi" accruing and 10 .cc'u. f,om uid promi'eI. all 01 which a'. included i., Ih. .bovo .nd loregoing d..cription and habendum.
TG HAVE AND TO HOLD Iho .bovo d..cribed .nd g,.nted promi.o. unio Ihe uid MORTGAGEE, i" .uceenO," and ...i\ln. for.v.r. And the ,aid
MORTGAC>OR for the i r heln, ex.culon. oc!~li.,i.I'ato.. and a..ign., h.,.by co...onont, wilh the uid MORTGAGEE, It. .uee.no.. and .nign..
thor _-Ln8.;{_-B.r.a._ lawfully ..il.d of Iho ..id pr.mi... In lee .impl.; Ih.1 Ih. um. ere 1'.0, c1.ar and di,chtr9.d I,om all lie,', .nd .ncum-
b..nee. in law 0' In equity. end lhal the Y will .nd the i r . h.i.. .hall wa"onl and d.f.nd rhe till. 10 rho .ome 10 Ih. .oid
MCRTGAGEE. it. .u(cenoro .nd anign., 10'.....' o\loinot tho lawful claim. .nd dem.nd. of all perlO",;
PROV!DED, ALWAYS th.1 if the MORTG....GOR .hall pi' unto th. MORTGAGEE the p,omino,y nole h.,.inbefo,o d..crib.d .nd .holl truly, promptly
and fully perform. dllCt-urge, ex.t!'(vt~, compl~te, (omply wjlh and abide by ~ach and every the stipulations, agreements. conditions and COyen"n1, of laid
p,ominory nolo .nd 01 ihi, Mo't\lag.. Ih.n Ihi. MOrlg.g. .nd Iho E.ra'. he'oby cr..l.d .hall c.... and b. null and ...o,d.
IT IS UNDERSTOOD thaI tho wo,d "Mo'tgago," wheth., in the ,ingul.. or plu,al .nywh.,. in Ihi. Mortgag., .holl be .ingulor if one only .nd
.h.l; ~" plur.' jcinrl'r .ro<! .0v.'.lly if more than on.. .nd Ih.. lho wo,d ",hei," .. u...d anywh.,e In Ihi, Mo'tgog. .h.1I I>e rok.n 10 ,an "hi,," ..her.,..
or "its," ......herever Ihe contexl 10 imp!ies or admits. Allo, thai wherever there is a referenc~ in Ihe co....enants and agteemenfs here:n contained to any of
the parties herelo, ,he same shall ~ cons.trued to mean al well "s Ihe hairs, legal representatives, luccessors and anigns (either vo~unf3r'l bl act of 1ha
parties or in....o!unlary by oper.tion of the law) of the same .nd that the co..en!nfs herein contained "hall bind and Ihe b~nefit, ".id !d'o'l!lntl!lges inu~e
to ,he respe<tiY'e heir., legal represenlalivesl 'ucceilorl and au1ynl of th. partie, herelo.
And .aid Mortgagor., for Ihemi~!ves and Iheir heirs, le-gal repres~nhli't'el, succenor. Jlnd anigns, Ilereby jointly and severall'( (o.w'enanl and f1gree
ro and wilh the uld MORTGAGEE. I" 'ucceno<o and auign.:
1. To pay ail and .Ingulo, the p,incipol .nd Inre'e" .nd the variou. an d .undry .um. of mon.y payoblo by ...irtu. of u:d prominory note. and this
mo,tgog.. .ad, and ev.,y, promplly on the day. '..pectively tho um. uv...lly Caeomo duo.
2. To pay all and lin~ullr the taxe., assessments, levies. Ii.bilitiell vbrigatiara and encumbnnces of every no!l'ure and kind nON on said d~!crjbed
p,operly. or that h.,..lIe, may be imposed, ,uflHeC:, ploc~:l. I.vied, 0' anened thereon, or that her...II., may be I....:.d or ...ened upon Ih;. Morrg'
age, or ,he indebtedness lecurr.-d hereby, each and every, when due and p3yabltt, according 10 law, before Ihty become delinquent, and before .1ny intere!I
,.!.,ehe. or an"f peno:ty ;, incurred; A~.D 1~,)()fAR AS AriY THEREOF IS OF ~fCORD THE S,\/,I'. SHALL BE PRO'.IPTL Y SATI~FIED /,,"0 DISCHARGW Or
~EC()'(D A'.D PIE O,,;::;,'-:/,l OffiCIAL DOCUME!'o,jT is'JCH AS. FOR INSTA'Kf, THE TAX RECEIPT OR THE ~ATlSFf,CTION PI,PER OfflCIMLY ENDORSED
O~ CEPT:fl(D) SHI.lL SC PllleD I'J THE HA~ms Of SAID MORTGAGEE WITHIrJ TEtI DAYS tEXT I>FTER PAYME'lT; .nd in the eyent rh.. Jny I,.oreof i. 1"01
I -3d, ldl sft~d 'JI,d d,~C~i.,C]C'd laid MJ?TGAGEE mal at an( tjme pal th,:, Slime- or !nj pMt It-l'.:''~eof wilhcut waiving or .:ff('c~i:)g an'l or';on, lien, f'C!uity or
r<;I'! ul:du Cot ~"), virlu-:- r::f t,:, n'crtq.8g~ <'-rid th~ {ull ~mount of cl~ch ar~d eVf'f'l such paym~n1 Sh311 be ir111~diatc!y due a~d Pdlab!e c'Jnd ~~13!1 b(']f inferc!.!
i,'O:l :he (Ltc ,!-..:rea~ un',; :-;J-d at tat~ of n.r.e p~r c~nrL:'n per ~nnU'T~ ,er.d IGgc1her w.!h such inlerest shall be ~ecufed bi t;,e iien of !Ls /T.orgL:>]e.