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iN15 IN~ENTURE. Mada the..._G.S.~
Sc.l~.~__. day of _ A.D. 19 ~ yrtween
xQl.~~nci i~ .:ictln,i.it t3nci 1.i~. 'E' 'chn±ii:t___..hl~_~i~s~,-__~_,.~.-_ _
p( 'it ~i.lCl 8~ ~ County Floride, heroinafter designated as the "MORTGAG~7R,' and FIRST FECERAL SAVINGS AND IO~N
ASSOCIATION Of FORT PIERCE, a corperot:on organized and exisring under fhe laws of the Ur.~ted Statas of America and havinc~ its Qrincipal ~lace of
bw~ness in ~ha City of fort Fixce, St. l~cie County, florida, t+ereinaiter driignated e~ the "MQRTGAGEE."
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WHEREAS tha MORTGAGt7R is uitl indabted to the MORTGAGEE in the sum of S-_-Lt~ ~ood and lawfu! n~cney of the U~~:trd
5!ates advancad by the htOR?vAGEE unro the MORTGAGOR, os evidenced by a ceria:~ premisscry note of even dare F1ffBK'11I1, of ~h!cn the fo~lowing in
worda and fi~,wes is a vue copy, to-wit:
t 1, ~C1O . 00 N~ 1~ a 77~
, .
Fort Piercr, Florida, ___....__~19_ O
for va!ue receivzd, I, we or either of ~s, Fromise to pay, withoui defa!cat;on, to rhe ordrr ~f FIRST FEDERAL AVINGS AND LOAN A550CiATlON Cf
FO~CT PIERCE at FortL~Pierce, Fiorida, the ~sum of S-1-t~-~~-' ~'-u w'~tn in!arest from date ~t the rate of~
'
2-~ ; per anru~n, in monthly instali-
mems as fo?!ows: 5-VO on th~~ri dey of '~u1~~ 19_ ~ I~- and a Gke su:~~ on the torrespond~ng day of eac'i rnonth there-
after until thr whole be fuL'y paid.
Each instnliment first sha!I bz app~~ed in payment of the interesr and then on thz unpaid balance of the princ'pal sum. If defa~it is made in the
payir.ent ef any instal~rr,ent whan due, and such defauh contin~es 30 days, then at the aption of the hoider, and withow any e!her not~ce, all ine remain~ng
installments shail be duz ar.d payable at once. Vr~vilege is y~ven to orepay thfs note in whole or in part at any t~me without penahy. Neither farebearance,
nor acceptance by the holder thereof aftar any defav~t in any payments hereon, shali be deemed exrension. A late payn~ent charge of 5__ sh~a!t be
adJ<~d to each instal~ment remaining unps~d 7 days after its due date, and a like sum shafi be addzd to each such installmeN remaining unpaid 7 days after
each su<ceeding payment dare.
Each maker, surety and er.do~ser iiereof, jointly and severaliy, waives demand, pres^niment protest and notice of protest for nonpayment, and fur!her
eg~ees to any extension of nme of payment, e~ther baiore or after marurity, witnout not:ce to any of vs; and to pay all costs of coilec!ion, intlud:ng a
reasonab:e attomey's fee ~n rhe eve~~t of any defa~:t hereunder, and hereby severa!ly waives all benefit of hom~:tead and exemption under the constitution ~
ar.d lawx of each Srate of the Unir~d 5!at~~s, as aga~nst this obligation or any extansion cr reneNa~ hereaf.
Witness the hard 3nd seai of each party.
S ~iol and Schmidt (SEAL)
Louise Sc id (SEAL)
(SEAL)
~ (SEAL)
~ ~ 1 ~ _ 2 ~ ) State Rzven~e
(Sramps cancel~ed on original note)
NO'N, THEREFORE, !he MORTGAGOR for the purpose of securing payme~t of aaid sum of 3 ~a ~~r • DU , and fhe performance of the
tovenants and agreements here~na~ter expressed, and for divers yood and valuable tonsiderat~ons, by these presents, does gror~t, bargain, sell, re~nise,
re:ease, convey and confirm unto the MOR7GAGEE, its successors and assigns, all that certain lot, piece or partel of land, situate, lying, and being in the
County of 5~. ~~C i~ end State af Florida; descr;bed as follows:
~,OL ~7~ ~1.pCr. t'~1~'~:~Cl~~: ~iU~;ii (~i~ J FiS J8.' n1.F?i, tC:~,.,~~~.f~ 02l f'i l a ;'1 ''ln~
~~^c;,: ?a~e , ;~url~c TPcor:.s c~z ~r;.. ~.uc; p Coun~;-, 'r'? ori d~?,
RECElYED ~ ~
IN rAYAicNTQF'TAXES
DUEON CLASS'C' '.vTnv ;~-st_- nF4c.~yRl P?pPERTY. - r--` - `
PUR£USNT Tn ,-u qe i ~ _ _ , . = 1941. W S~~~arE ~F ~
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, `i . ~~r_ c~ D[1CUMENTA~STAMP TdX
as Ay•-rt f f_U 1i~ M. 1A!.',. " ~ Z - - ' _
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~t. ! ucie !~nty Tax CoHertor p _ ~f an~, ' ~ ~ C_
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ZL L~L ~--l-~w iN w C0~IPTROLLER
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tocether w~th al! and singvlar tne tenements, hereditamerta and appurtances thereunto belonging or in anywise eppertaining thereto, and all rents, issues,
proceeds and prof~ts accruing and to accrue from said premises, a!I of which are included in the a~'~ove and foregoing destription and h"abendum.
TO NAVE AND TO HOLD the above destr~bed and grenled premiies unta the •aid MORTGAGEE, iti successors and assigns fcrever. And the said
MORTGAGOR for ---~--~r~-~~--- hei~s, executors; administrators ard ass~gna, he:r.by covenants with the said MORTGAGEE, its successors and sssigns,
that -~-~~-~-P--- lawfully te:zed of the said prrmises in fee simplr, that tht same are free, ciear and discharged from ell liens and encurtr
brances in law or in eq~ity, and that t h'J~_ wi~~ end t~'P y r heirs sha!I werrant and de'end rhe title to the same to the said
Mq~CTGAGEE, its successors and ass;gns, forever against the lawful daims and demends of all peraons;
PROVIDED, ALWAYS that if the MORTGAGOR shai! Nay unto the I1~ORTGAGEE the promissory note hereinbefore descri6ed and shal! fruly, prorrptiy
and ful!y perform, d;sc~arge, execu!e, comp~ete, comply wi'h end ab:d: by each end avery the atipulations, agreements, cor.ditions and covenanis of eaid
arom+ssary note and of this Mortgage, then this Mortgage and the Estate hereby created ahal! cease and be null and void.
~T IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular ar piural anyv.here in ihis Mortgage, ihall be singular if one onlv and
ahali be p~ural iaimiy end severaily if more then one, and tha~ the word '"rheiY' as ~sed anywhere in this Mortgage shall be taken to mean "h;s," "hers,"
or "its," wherever the tontext to impiies or admits. Aiso, that wherever there is a reference ir. the cavenants and agrermenb hereln contained to any of
the pa.ties herero, the fame shall ba construed to m~an as wefl as the heirs, legal representatives, ~uccezsors and asaigns (either voluntary by acs of the
partiea or involuntary by oFeration of the law) of the same and that the covenants herein contained sha~l bind end the benefirs and advantages invre
to the respe<tive heirs, legal representatives, s~ccessors and ass`yns of the perties herefa.
And said Mortgagers, !or themselvea and their heirt, legal representatives, successors and axaigns, hereby jointly and severaily covene~t and agree
to and w~!h the said M~~RTGAGEc, ir~ successon and ass~gns:
1. To pay all and singular the principal ard intarest and the various and a~ndry sums ~f money paya6le by virtue of said promisxory note, and this
mortgage, each and every, promptly nn the days respectivriy the same severaily become due. ;
2. Tc pay ali end singu!ar the taxes, assessmenrs, levies, I~abilities, obligalioni and encumbra~crs of every rature cnd kind now on said deicribed
property, or that hereafter may be imoosed, tuffered, placed, levied, or eucssed thereon, a that hereafte~ may be I•_vied or aaseued upon this Mong-
age, or the indebtedness secured h~reby, eath and every, when due and payable, according ~o law, befcrc they become delinquent, er.d before any intereif
attaches or any penairy is int~~red; AP~~ INSOiA.R AS ANY THEREOF IS OF RFCORD THE SAME SHi\LL BE PRbMPTIY SA?ISFIED AND DISCHARGED OF
RECORD AND TME ORIGINAL OFfICIAI DOCUMEN7 (SUCH A5, FUR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOQRSED
OR CERTIFIED) SNALL BE PLACED IN iHE HAPlDS CF SAID 410R?GAGEE WITHiN TEN DAYS NEXI AFTfR PAYMEIYT; and in the event that any thereof is not
paid, sat sfied and dischargrd sa'd MORTGAGEE may at any time pay the same or any part the~eof without weiving or affecring anq aption, lien, equity or
.~qhr ~nder or by v~rrve of rhis mortgage ar.d the full amo~nt Qf each and eve+y s~ch payment ~hall be immediately d~e and payabfe and sfia~l bear interest ~
~rom ;he date ihereof untit pa:d at rare of n:ne per centum per ann~m and together w~th s~~ch interest yhall be :ewred by thc Ilen of th's margtage.
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