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THIS INDEtJ~URE, M.d. ~-c~urmann,a z~ c urcnann, s w~~`'e~' ~°M"~'
Ro_y
of }~~._l+i~~~e County, Florida, hsreinah~r d~fiqnat~d ss the "MORTGAGOR," •ind CITIZENS FEDERAI SAVINGS AND LOAN
ASSOCIATION OF ST. lllC1E COUN'fY, e corporotion o+ganized ind e~ci~tirwp undtr iM I~wt of tht Unitsd St~ty of Rm~ric~ ~nd havinq Ifi principal pt~p
oi bus'visss in tM CSty of Ft. Pierca, 5t. Lucie Co~nty, flwida, herein~fM d~~iyr~~ted q tls~ "MORTGAGEE".
WHEREAS ?F~e MOR7GAGOR is jvsHy indabted to the MORTGAGEE in ihe wm of = 1,Q -~.(~..0(L, 9ood •~d lawfvl mo~ey of th~ lMit~d
Srates advarxed by thp' lM,ORTGAGEE unto the MORTGAGOR, as evidtnced by a cert~in promi~sory note of ~van dat~ herewith, of which the followlnq In
vrwds ind fiqura~ is a tru~ oopy, to-wit:
12 . ~00 . 00 ~ ~07
Ft. Pi~rc~, Fbrida i~'h'mhg1+ - .{9 65
Fw v~l~e receiwed. 1, v.~~ w either of ~a, promiu to pay, witlwut dsf~lc~tion, to tM ord~r of GIIIYENS FEDERAL SAVINGS AN~ LOAN ASSOCIATION
Of 5T. LUGIE COUt~Y, at it. Piercr, Florida, the •um of f ~-2 t..~~~ _ with irtsr~st from dat~ at the nte of~9b p~r snnum, t~
monthly install~nar~ls a folbws: =~q..?~1- on th~.~..-day of ~7gI~ua7"~. , 19 and • lik~ sum on th~
cwresponding day of each month the~eafisr uniil the whole be fullr pakl.
Each installment first ahall be applied in payment of the intereat ~nd then o~ the unpaid bala~ce of the principsl tum. If dafault it m~de in the
payment of any installment whe~ due, and such default continues 30 days, then at the option of the holder, and withouf any other notite, stl the remsininq
installmenh shell be due and payable at ance. Priviiege is given to prepay th;~ note in whole o~ in part st any tima without panslty. Nmitt'Mr/floQrobearante,
nw acceptance by the holder ttKreof aher any defauH in any payments hereon, ~hall be deemed extension. A lats payment tharye oi S~, shal) be
~dded to each ins.allment remainir,g unpaid 14 day after ita due dete, end a like sum :hall Ix added to each such inatallmant rem~ining unpeid 14 dayi
ahtr .xf~ sucoeeding paymint date.
E~cfi m~ksr, wrety and e~dorur hereof, joimly ~nd ~everally, waivti dem~nd, pres~ntment protest ~nd notiu of ~xotnt iw rwr+paym~nt, urd fwther
p.ees tu a~y extension of time o( p+y~~, either befiort or ah~r msturity, wirhout notic~ to any of us; •nd to p~y all to~h of wll~ction, Intlvdinp •
nasonabbe •ttoneey's fee in the event of any default hereunder, snd Mr~by sevsrally w~iv~~ ~!I De~fit of homtst~~d ~nd ex~mptian und~r tiw torotit~tion
u~d Isws of each St~te of tfie Un~ted States, aa iqeirot thi~ ofoliyation a any •xte~sSon w renewrl !vnof.
Wit~eas tfie hu,d ~nd :eal of e~ch party.
,~/Z~ Roy ~c h rmann ~
,~~~y Z Sc hu rmann ~
ts~w
Q ~ .~7 ~ cs~,?u
( yt~.! ) 5tate Reverwe
(Stsrnps cancelkd at oripinal note)
NOW, THEREFORE, the NIOR7GAGOR for the purpose of tacvrinq p~yment of ~aid ~um of i ~
T~~n. ~Q ~nd th~ P~?forrt?+nq of tM
covensms ~nd ap.sements Mr~inaher expressed, and fw divan pood ~nd wiwblt cornkler~tions, by t1ws~ pn~ar?h, doM yr~m, b~rqaM, pll, nmist,
relesse, comrey ~nd ton(im~ unro tfi~ MORtGAGEE, i» succeswn and +ueyns, sll tfiat tart~in lot, pl~p w parwl of I~nd, titwto, tyinp, ~nd b~i~p In t1w
County of _ ~ t, Luc ie ,•nd Stete of Florida, destribod u follow~:
The Northwesterly 25.0 feet of' the Sou~hwesterly
'~2.0 feet of Lo~ 19 and the Northwesterl~ 25.0
feet of Lot 20, and a11 of Lot 21 and the
Southeasterly 1.~ feet o£ Lot 22, Block 48, of
BILTMORE PARK, a subdivision ~n fiZe in Pla~ Book
4, page 52, o£ the Public Records o~' St. Lucie
County, Florida..
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topether with afi ane! singular tF+e tenements, hereditaments ~nd appurtsnce~ thereunto balonginy or in anywi~t appertainlny tht?e4o, ~nd all rnnts, Iuws,
proceeds and profih accruing and to accrue irom ssir! premises, all 04 which ~ra incl~ded in this abow ~nd for~yoing dNtription snd hab~ndvm.
TO FlAVE AND TO NOtD the above described snd grented premiiet unto the uid MORTGAGEE, iri succKwn and awignt forwN. And tM aald
MORTGAG.yO,R~ for hein, executors, sdminist~alors and ss:igm, hsreby covenants with tM s~id NIQRTGAGfE, itt ~uteqw» ~r+d ~stipm,
tfiat ---+•+~-J'-~~-- lawfully se~zed of the wid premises in fee iimple; that tM same aro fre~, da~r snd discharyed from ali lit~ss ~rtid ~nsum~
brances in bw u~ in equity, and that ~he~~~ wiq and their hein thall w~rrant s~d d~fend tM titl~ so tfii ~arrN to tM cstd
MORTGAGEE, its wccruan +nd auigns, forevet asainst the lawful cl~ims and demsnds of a!I prr~or»;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nlo the MORTGAGEE the promisia~y note her~inbefor~ dtxribad and t~hall huly, peomptly
•nd fu+ly perfaEm, d'+sclNrgie, execute, complete, camply with and abide by esch ond svery the ~tipulations, pr~emsnts, conditions ~nd covsnent~ of aid
prom~uory nota se+d of this Mortgage, the~ this Mortyage and the Es~ate htr~by cr~~ted i?ull uas~ ~d b~ null ~rx! void.
IT IS UNDERSfOOb ~that the wa?d "FAo.tqsgw" whethrr i~ the •inQular w plunl anywh~n ir~ thit Matyag~, shall be sinyular if one only ~nd
shall be plurd jointfy ard ~evaally if more than one, +nd ~hat the wad "their" as ~ised anyvvfiero in this Mat9ay~ sl+rll b~ tak~en to rr»~n "his;' "Mn,"
or ' ns," wherever tM context w implies w admits. Also, that wherever thers it a referenc~ in ths covensnri ~nd ~pr~nts herein tontain~d to ~ny of
the p~rties hsretn, the same ihall be ca~snued to mean as well at the hein, I~y~l rspr~sentstive~, ~uttnsors ~nd atsiqns (~itl+N volunt~ry by ~ct of th~
partiet w invpluntary by ope~~tion of the Isw) of tF+e iame and that the covsn~nte lur~in cant~in~d shal! bind ~nd tM b~n~fits ~nd ~dv~ntsqq inut~
to th~e rpp~ctiw hsin, Ieqil repre~er+tativas, iuccexson and •uiqra of tM p+~rtifs h~r~to.
BGGK 132 26~'