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THIS INDENTURE. AA~ M~~ t_ day of ~jt;.~. A.D. 19~ b~h~~n ~
Us~u R~ Pa~nQ. a uidoN - ~ '
Ssint Luc e ~
~ _______r, tounty ilorid~, Mrsinaft~r detgnatod ae the "MORTGAGOR," and F1RST PEDERAI SAVINGS AND LOAN
A5,50ClATlON OF FORt ~IERCE, • torpa~tion «paniz~d and exbtinq under tha iaws of tha United Statu of Amerita and ?+rviny iA pttncipat plat~ of ,
busirw~ In th~ thy of fwt Pi~ra, St, tuti~ Couny, FlorirJa, tw~einaft~r th:ipnat~d si ?M "MORTGAGEE: ' `
WHERElIS th~ MORTGAGOR ~ justly Intkbt~d to ti» MQRiGAGEE in the eum oi ~~~.~.Qn ~Q , good erd lawful money of the linltad (
5hte~ adwnc~d by t~e MORTGAGEE unro fM MORTGAGOR, as widenced by e certain promiasory note of e~en date herew+th, of which th~e followinq in !
word~ and fiqu?~a u a trw eoPY, towit: ~
: 1,~ ~~.49 2, 401 i
Fwt Pisres, Florida. S~ulY ~ 19 v~ ~
Fw vilw recsirsd, 1, wa w sitMr of us, prom~ise t~~ y, w;thout defalcatinn, to the order af FIRST FEDERAL SAV~ AND LbAN ASSOCIATION OP ~
FORT PIERtE at F~rt Pierca, florldy *he sum of f. 1 l..~~ ~ OO _ w;rh inter~e+st fram dete st the rste of 6•~ per ennum, in monthly install• +
manh as follows: t 1~~~d _ on tFu 1~h day af Au~s ~ , lq 6? and a like num on the correspo~d~ng day of eech month there- }
•f»r until the whoia be fuily paid. j
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Eath in~taltm~ot fint fh~ll be applied in p~ymertt of the intateat and then on the unpaid balence of the principel sum. If default is marJe in the
payment of any installment wke~ du~, end such def~ult continues 30 days, then at !he option of the holder, end without any atHer notice, all the remaining
imtallmxfb tMll be due ~nd p~y.c.~ ~t once. Privilyr ia qiven W ptepay this note in whote or in pert sf tny time wi~hovt pertalry. Neither forobearante, ~
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nw aceaptance by the hoid~r th~rwf after any drfavtt in any payments hcreon, thaN ba dccmed extension. A lete payment charge of s~issc~t, shall be
e~dad to each installment rem~ininq ~r.paid y days aftar its due date, e~nd s lika sum shall be added ro each fuCh inirailment remai~ing unpaid 7 day~ ~iter t~
~ach wtt~adin~ WYrr~nt dai~. y
E~th makar, iurety and endonen c~reof, jointly and severaily, waivet demar.d, presentment protest and notice of protest for nonpayment, snd further I
sgree~ fo any extension of time of paymrnt, either before or after maturity, without notice to any of us; and to pay e~l coata oi collection, including a
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reas~na6le sttorney's fee in tha event of any default hereunder, and herQby severally wai~res all benefit of homestead end excmption under the tonstitution
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and taws of eech 5tate of the Unittd States, a~ aga+nat thi~ obleyation ar any rxtens~on or reiiewal heroof. ~
Witneas the hand srtd ~ca! of Nch nsrty. ~
s~ Lulu R. Payne, a widow (SEAL) ~ '
(SEAL) ~
(SfAI) !
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t ~ ~ Stah Rev~nue (SfAtj
(Stamps ca~cai~ed on aipinal rwts)
~ NOW, TMEREFORE, the MORTGAC,QR for the p~r~ose of secvrir.g payment of safd sum of f Z~ r700 L00 and the performance oi tM
m~renants ~nd eqreementa IIlff1IM{1N expreued, a~d tor divers flood and valvable con~iderations, by thexe preaent~, does grent, berpain, ~ell, remise, ~
relaess, convey and confirm unto th~ MORTGAGEE, it~ s~cceswr~ snd as~ign~, ell thet tertain lot, piece or parcel of land, situate, lyin9, and 6ein~ in ths '
County of ~-~~~nt ZuC~D and State of florida, dasvibed n follows: ~
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L~t 18, Block 3s LTi~C~T,N pARK SURDIVISION, ss ~er nlat thPreof orl fi1P in ~
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Plat ~~~ok Zi, ^E3aP, 'J7, r~.~blic records of S~int ~ucie Count;v, Florida~ ~
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RECEIVED s 1 ~
~ IN ~AY - - ~ s
DUEOM CLAS5'C' INTAhtGIE?LE PER~OyALV?ROPF T~Yg, STATE aF FLORI~A t
PURSUANT70CF~qp?E,~2C,7~ ~r~.. ~
~ - 4...~._,oFtsa~, cj ~CLtN1ENT1~a~ TAMP TAX -
K~v~K NCii4~' ti_I~rk Circuit C~ .'~'o :
as ~.?en. f. r CU ~ IS , c uri ~
~ ' ' M. JAh,~S ~ ~ .It~-i'65 °
St, luci~ C unty Tax Collector ~ - ~ !
~ V! V COSAPiRALLER ~ ~ ~ ~ I
I ~ $y sR-,iL~/G'~L.~t.f.~ ~ ~.190138 p` I
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~ UEPu7Y CLEiiK j
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~ together with atl end tingulat the fenements, heredilaments •nd appurtances thereunta beiongir~y or in enywiw appertaining therero, end all rents, istu~t,
1 proteeds •nd profits ectruing and to actrue from said pramises, all of which are included in tha ab~ve and Fareqoiny destriptior+ and habendum.
TU HAVE APlD 70 HOtD the above des:ribed and granted premiiea unto the aaid MORTGAGEE, iti sutceuors end assignc fortver. And /Fo~ wid
MORTGAGOk fot ~a='------- heira, execuron, administratort and assigns, hereby covenants with the ca+d MORTGAGEE, ita ~uccessors snd auiQns,
tF.~t Iawfully ~aized of the said premi~es in fee simpfe; rhat the wme era frae, clear and diuharged fram sll lieni and oncvm~
brences in law a~ in equity, and th~t ~r ~ wiH and ~.Y._' . heirf shaU warront and def~nd the titie to the wme to the satd
hNORTGAGEE, its s~cceuora sm! ax+yns, forever agair.st the lawful c:aims and demandt of all peranm;
~ ~ROVl6ED, ALWAYS that ff the MORTGAGOR shalt pay unto the MORTGAGEE *.he promiuory' note harainbefore dexrilyed snd shsfl tru~y, promRtiy
~ •r,d fully perfotm, ciiuharae, exsc~te, cqmpteta, cort:ply with end abide by eech and every the stipulations, agreeme~ts, conditi~~ artd Sovenants of ~~+d
~ prom;story not~ ~nd ot tfiis hlorty~gr, then thi• Mortgage and the Estate hrreby created thall cease end be nu~l and void.
~ IT IS UNDERSTOOp that the word "Mwtgagor" whether in the aingular ot plural anywhere in this Matysge, shall be tinflutar if one anly i
~ utiall bs plun! pintly and sever~lly if mor~ thsn one, and that the word "the~r" a• used enywhere in ~hit A~tortq+y~ Yh~l! be taken to mean "his," °hen,'
w"in," whtrever the context so implies a admits. Also, that wherever there is a re4erence in the cove~anri and aqreements harein co~tained to ~ny of ~
tha parties hereto, tM ~am~ shal! b~ cw~~rrued to msan ai well as the heir~, leg~l rtpresentative~, successors and asii9ns (either vo(untsry by sct ot tM
aarti~t ot invotuntary by csparitiorr of the fsw) of fhe same and thar the covensms herr.in contsincd shail. bind arsd the benefiri and ~dvsntsqes inure
~ to the rsspectiv~ Mir~t, {pal represent~tive~, successors and ais~flns of the parties hereto.
And uid Mony+gors, fw themaelves ~rcd their heirs, legal representatives, succeswrs mnd sssigns, hereby jantiy snd t~v~r~lly covenant and ayne
to and with tM taid MORTGAGEE, its suctessas arsd essigns:
1. To p~y ati ~nd gi~uler ths principal and inte~e:t and the variovs and iundry ivms af money psysble by virtue o# seid promiswry note, •rtd this
mong~p~, ~ach ~nd twry, promptly o~ tM days respectively the iame seve~ally betomt dw.
2. To pay sll ~nd tinquls? the tsxH, asKUments, levies, liabilitiat, obfiy~ti~ons end ~~cvmbnncet of every natur* and ki;id now on ssid desuibed
property, o? that heieeher may be impos~d, sutffrrd, plated, levi~d, ar au~ued tFwreon,. or thst here~fttf m~y t» lavied or sasesHd upo~ this Mutg-
•pe, a t?+~ indsbt~s~ wcund herrby, each and every, when due and payabia, xcwdir~q to Iaw, befar tfiey bacwne delir?quent, and b~for~ ~ny imerwt
~»athts w any penalty is inturred; AND II~SOFAR ~RS ANY THEREOF i5 OF RECORD THE SAME SWAIt 6E PROMPTIY SATISFIEU AND DISCHARGEO OF
RECORD AND THE ORIGINAL OfPlClAL DOCUMENT (SUCH A5, fOR INSTANCE, TME TAX RECfIPT OR THE SATISFACTION PAPER OFPICIALLY ENDOR3ED
OR CERTIFIED) SHAII BE PIACE~ IN 7HE HANDS Of SAID MC~RTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; and in the event th~t ~~y thereof is not
paid, ti~t'~fied and diithsr9e~d seid M4RTGAGEE may at any !~me pey tht seme or any part thereof withou? waivinp or ~4fecting ~ny option, lien, rquity or
~~phi under or by virtur of this mortgage and the full amount of ezch end avmry such peyment shall ~ae immediately due and payable ar+d shatl bear inferest
~rpm the date ?hereof until paid at rste of nine per centum p~r annum an t et ~ wch inter~t_sha!I be secured by the lian of th:; morgtaqe.
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