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1;14216
nllS I~DENTURE. Made I.... 25th
Ulil)"V8Y
d.y of .sL [ ll:!f l~I~()Pl ~.
A. Mn~gAn Anrl,Fln~AncA H.
Mo:rgA.n,
, A.D. 19~ b.twun
his w1f'tt
of _ St. Luo 18 County flOrid., ......In.ft., dellgn.led .. Ih. "MORTGAGOR," and FIRST FEDERAL SAVINGS AND lOAN
ASSC<:IATIC'N Of fORT PIERCE, a corp"ution org.nlzed and uilli'>g under 'h. laWl of I'" Uni,.d S!II.' of Anwrlc. .nd Mving itl p,incipal place of
bullnau In I'" City of fort Pi.,ce, Sf, Lvcie CO\'nly, flotld., h.,.ln.lI... dellgnaled .. lhe "MORTGAGEE."
WHEREAS I'" MORTGAGOR It iVllly Indebted 10 the MORTGAGEE in the Ivm of $ 7,500.00.__: good and la..ful money of the Uniled
SI.le. adv.n<:ed by Iha MORTGAGEE vnlo Ihe MORTGAGOR, .1 .videnced by . carl.ln p,omiuo,y nole of even dal. herewi.h. of which tM following in
woidl and flgv'.1 il a ,'u. copy, to-wit:
7,500...00-
$
No
11.022
19 63
25 March
fort PI"c, florid.,
for value ,ec.ived, I, we 0< eilh., of U'. promi.e 10 pay, withoul defile. lion, 10 the o,d.r of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE al ForI Pi.rce, Flo,ida, Ihe .um of $ 7,500.. 00 wilh inl6est f,om dale at Ihe ,ate of ll..2~ po' an~um. in monlhly inslall-
men" .. fol!o....l: $ 75.00 on lhe ~ d.y of ,May , 19~ ,and a like .um on the corresponding day of eoch monlh ,here-
ahe' vnlil Ihe whole be fully paid.
Each inllallmenl finl shall be applied in payment of lhe Inle'ell and lhen on the unpaid bala""e of Ihe p,i""ipal svm, If default is made in Ihe
paymenl of any insla'lment when dua. and such def.ult conlinuo. 30 days, Ihon al lhe option of Ihe holde" and wilhout .ny other nOlice, .11 Iho ,emaining
inuallmonlS shall be duo and payabl. at ooco. P,ivile<Je il given 10 pr.pay Ihi. nole in whole 0' In p.'1 al any lime withoul pen.lly. N.ilhe, forebear.nce.
nor .cceplanee by the holde, Ihe,eof aft., any defavlt in any paymen:s he,eon, .h.1I be deemed exlension. A lale paymenl eha'g. 01 $--3.....:75.. shall be
.d~ed 10 each inslellmenl ,emoining vnp.id 7 dOYI alter III due dal., and a like lum ,hall b<l added to each such inslallm~nl ,emaining unpaid 7 day. aile,
each lucc.eding p.ymenl dal.,
Each make" su,ely and endorse, her~f, lolnlly end I.;verolly, waive. dem.nd. p,e,enlmenl p,ole.1 and nolice 01 prole" 10' nonf'aymenl, and further
.g,ee, 10 any exlension 01 lim. of paymen!. eithe' before or ahe, matorlry, wllhoul nol;c" 10 any 01 'JI. and 10 pay .11 cC'lls vI colleclion, ine:ud:ng a
reasonable attorney', fee in the event of any default hereunder, and hereby severally wai....es all benefit of nomestead and tx.empfion under the constituibn
.nd laws of e.ch Stale of Ih. IJniled S'atu, .. .g.in'l Ihil obligalion 0< .ny oxlenlion 0' ,enew.1 h0!'r-e9f.
Wiln... Ihe hond .nd leal of e.eh pa,ly,
s
s
(SEAL)
(SEAL)
__ (SEAL)
(SEAL)
Horgan
( 7..50 ) S:ala Rev.n...
(SI.mps cancelled on <<iginal note)
NOW, THEREFORE, I'" MORTGAGOR fo< lhe pu'po'. of MCVrlng paymenl of ..id lum of $ 7.500.00 and Ihe perfo,manee of Iho
eov.n.nl1 and agreemenll "',.inah., exp,...ed. and 10' dive,. good ond valuobl. coo.ide,.lionl, by these p,eaenl., doel g,.nl, b.rg.i..., ,ell, ,emi,e.
,ele.,., conv.y .nd eonfi,m unlo the MORTGAGEE, It. .uec....o'. .nd auignl, oil Iha' ce,'.in 101, piece or p.,e..1 of I.nd, lilval., lying, .nd being in the
St. Lucie
County of
, and Slale of Flo,id.., dese,ibed .. follow..
Lots 13 and 14 Block 2 DREAMLAND PARK, according
to the Plat thereof as recorded in Plat Book 7
at Page 38 of the Public Records of Ste Lucie
County, Florida.
\- ~ ()
RECEIVED $~ IN P^Vf,FIH OF HE5
DUE ON CLASS 'C' INTANGIBLE PEflS'),,j ',L .'lOPErtTY.
PUR$UA"lT TO CHAPTER 207H. A~T~ Of 1941,
ROG R ?;_IT~' . Cbrk Circuit C:.urt
01 Ag~nt hr C.U .TIS M. JAJ-AES
SI'Lvc~~&:u/
D~PUH CLERK
together With all and lingulor the tenements, hereditamenh and eppurtan<tl thereunto belonging or in anywil! a:Jpertaining thereto, and all re(lts, issues,
p'oeeedl and profill aee,uing and to accru. F,om said p,emi,e" .11 of which .re included in Ihe .bove and foregoing desc,iplion .nd h.bendum.
TO HAVE AND TO HOLD Ih. .bove de,cribed and g,.nled premisel vnto lhe uid MORTGAGEE, ill .uccenor. .nd ...ign. fo,eve'. And Ihe said
MO~Tv~GOR fo, the ir heirs. execulorl. admini,',alors and a..igOl, he,eby covenanl. wilh ,he ..id MORTGAGEE, it, su((e"O" .nd anigns.
th~t ..r.....ne....y.-a.r...8--- lawfully l.eiZfd of the said premises 1n fee sirnple; that the same are free, dear and dll<huged from all liens and enCurTl-
b,a.'Ces in law 0' in equily, and Ih.t they will .nd the ir heirl .hall wa"anl and defend Ih~ lille 10 Ihe s.me 10 the said
MORTGAGEE, its successors l'Jnd ani~ns, forever againU the lawful claims and dema.nds of tdl perlonl;
PROVIDED, ALWAVS Ihal if Ih. MORTGAGOR .holl p,y unlo Ihe MORTGAGEE Ih. p,omi..ory note herein~fo'e dese,ibed and ,hall Iruly. p,omplly
!!'1d h.!ly ~rform. d:lcharge, execute, -:ompl~'e, comply wi,h and ab:de by each and e\lery the stipulations, agreements, conditions and co."cnants of s3:.d
prom'nory nolo and of this MO'lgage, Ihen lhi. Mo'tgaga and Ihe ElI.,o he,eby e,ealed .h.11 ce.,. .nd b. null and vo:d.
IT IS UNDERSTOOD 1:-'01 Ihe word "Mo'lgagor" whelhe, in Ihe .i"9vla, or plural .nywhere in Ihis Morlgage, .h.1I b., singu1.. il on.. only .nd
.h.11 b<l plurol joinlly .nd s.ve,oll/ il mo,e Ih.n one, end th.t Ihe ....ord "I heir" .. used anywhe,e ir>o-.lhis Mo"ga3e sh.1I be I.ken 10 mean "h,s," "he","
or "iu," wh!!rc.....er Ihe context 10 implies or tdmits. Aho, that wherever there is a reference in the (oven~nts ar,d agreeme"" herein contained to any of
the parties he(eto, the lame ,h.!lI be construed tt') mean .s well al the heir., legll rfpre'~nto;tives, IIJcceHorl and 6uigru (eiTher vo1unlMY by act of the
p:3tticl or inyo:untary by operation of '~.e lasw) of ,hI! same and th~t the co"enants herein contained shall bind ar,d thE' lx-nefi1S &:ld ~dvant~ge' inure
to t~e respe<,jv8 heirs, legal represen'otives, luCCeUors ar.d .higns of the parties hereto.
And SElid ....,ortgagors. for themselves and their heir., legal repres.entlitives., successors and assigns, hereby jointly and I~verdlly coven"n' and egree
10 ."d wilh Ihe laid MORTGAGEL il. ,uecenon .nd a..igns:
1. To ~, all ond sing,,'a, Ihe p,ineip.1 .nd inl.,ell and Ihe va,ious an d .vr.dry .uml of money pay.ble b'( vi,lv. of ..:d p,omi"ory note, .nd Ihis
mO'lg.ge, eoch and every, promplly on th.. days ,e.peelively lto" sa"',. .eve,ally become due.
2. To p-ay all and singular the taxes. usenrnentl, levies, liabilities, oOligations lIInd ancuti1brancel of every nature and lind now on !ll:d de'(fib~d
oroi=erty, or that hereafter may be imposed, suffered. ;Jlaced, levied, or anr:ued thereon, or th5t hereafter may be levied or asH'Hed upon this "",o'tg-
age. or the indebtedness secured hereby, each and evert, when due .- nd payable, according to taw, before they become de!inqv!nt, and before Iny inferest
:'1 ch." ur ,,~y ~ena;'l is i"cvrd; A\D 1~;30f!,~ AS N.JY THEREOF IS OF RECORD THE SI..ME SHAll BE P~O','P1LY SAT~fIED NW DISCHARGED Of
~:COW A,') THE O.:<:.:"-\l O'F;CIAl 80CIII,1-:/,1 (SIKH AS, FOR INSTA';CE, THE TAX REC,IPT OR THE SATlSfACT;ON PAPER OfrlCIAllV ENDORSED
O.~ CRTIFIED) SH':'LL 8' p~.\([,) 1'1 THE HA-,DS Of SAID MOR~G.AGEE WITHI,I T[1, DAYS NeXT AFTER PAV....E.H; and .n Ih~ e".nl th31 on/ Ih.r.of " no'
r .~.-::i, ;ji.! s~i(.(f dn.J J:S-::i~.I~{Je::j s.~;d f,.,('lP.J.':.AGEE mal at ~n'l t:n~e pdt ,l:,~ .53rr,,:? or an)' pan !h€reof ......jt~out ...,-,aivi~g or c3ff~cin9 .'In'{ or';on, lien, equ;ff Of
ri:.;!lI llnder (>1" by .,i:!'.': cf t'....., rj)crt~~:r" .Td th~ full arr.ount of c3ch ~:"Jd e";f; such p~y;nen! shall be immeu:.3+ely due and j:'dy'ao:e and shJlI b~M interest
flC n Ih.: dJ'e ~~,l.rt:':l: tJ;"lil r.:i d at rJ'~ vi nin::= pc,r c..:nt'Jr'l per an-,vm artd tog:lher .......!h such interesl shail be :l.ccured bl the l~en of th s rr,or3tJge.