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TH~S INUEr:;URE. Med• ihe~.__.~~~_ dey a~ ~ Deaember AD. 14~~ t,cn.eo~
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p{ _ S t+ ~ L~P~__-_____, County Flor~da, hereinaffer de~ignated as the ''MORTGAGOR.' end FiRST FEUER ~l SA`J~NGS .4Np tOa4
PSSOCIATION OF FORT PlERCE, a co~poration organized and exlstinfl ~r.der the laws oi fhe l,'nited S+et~i of An,er'.a and ha~ing iro principal p'ace of
; b~~iineas in the Ciry of Purt Pierce, St. luc~e Coumy, Flor:da, hereinafter des~gna~ed a• rhe °MORTGAGEf."
. WHEREAS the MORTGAGCR ~s justly ~ndebted to the MORTGAGEE in the sum of S~ p~Q , 9~~~~ and lawf~! money of tF~e Un ted
Srates ad~~anced by the MORTGAGEE un!o thc 1NORTGAGOR, as e~~denced by a certam promissory note of evcr~ cese herewi~h, of wh~ch the iollo.+ing ir~
~t wor`~
s and ~~gvres is a vue co, y, t:r,nrt:
t-C:~9~'ri~.00 No
\ Fort Pierce, Florida, ~e eembe r~ ~q
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For .r.!~e reccived, I, wc or enher of ,;s prom~ e ton pay, w~thout defa!catlon, to the order of FiRST FEDEPAL 5AVIN[GS AND LOAN AS50CIATION Of
FOR? PIERC'c at Fort F'~erce, F!orida, +he w:~, ofC 5--~-L7~%U •~O__- v.~th imeLreLxt from date at the rate of~_~_~1°~o per anm~m in monthly ins~eli-
. n,erts cs fo !cws: 90 • 0~ on the _~`,lthday of J8 nU'9rv 19__4'_5~ and a like sum on thz correspondlny day ui each month there-
afrer ~r,t~l ifl~~ who:e br fuliy paid.
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Each ~nsta~Jment f;rat shn~l be a~~•p!~ed in payment of ti~e inter~~st and then on the ur.pa d balence of the pr~nupel sum. If deiault is made in the
~:a;,nenr of any insta!iment wl,en due, and su,h detau!t cont~nves 30 days, iher at the octiun of the ho'der, and ~„vithout any other notice, ail the remain~ng
insra!Irn~ms shail be due ard payab'e at once. Privilege is given to prepay this note in whale or in part at any time witho~t penalty. •Ne~~rthe~r ~forebearao~e,
r,er acccptance by the helder thereof af~er any defav!t in any payments hereon, shall be deemed extensien. A late payment charge of S~_• ~v shell be
added io each ~nstaifrrent remaining ~npa:d 7 days after ih d~e date, and a tike sum shall be added to each such ir.stallment remainir.~ unpaid 7 days alter
ea<h succeeding payrrrnt date.
Eath maker, surety and endo~ser he~eo{, joinliy and s?~erolly, waives drr.ond, presentment proteet ard notice of proteet 4or nonpayment, end f~riher
ayrees to any eatrnsion of time of paymrrii, cltner Liefore or after mat~rity, without no!ice !o any c+f us; and to pay ail costs of collection, inc~ud:ng a
reewnab!e attorrzc~ s fea ~n thc eveM of any dciau',t hereundrr, anrJ hereby severally wa~ves al; benefit ~of homestead and exemution under the comtit~tion
anJ !sws of ~ach State o4 rFe United S!ates, as against ?his obt~yatio~ or any extension or :enewel heieof.
`:'itness the hand and seal of each p~~ty.
s G. E. Welters ~sE„i~
q Alliece W~lters {s~A~~
_ (SEAL)
_ (SERL)
) State P.evenve
(Sramps cancelfed on o~iginal nate) p
NON, 'fHEREFp~E, the h10RTvAGCR fer the purpose of iecuring paymen4 of taid sum of S U~ 9~~ , and ihe performance of the
covenanta end agreemer.ts hereinafter expressed, ar.d for divers goed e~d valuabie consideretions, by theae presents, dxs grant, Earpain, sell, rem~se,
~e!ease, convev and confirm unto tFe MORiGr.GEE, its successors and ass~gns, all that certain iot, piece or percei of land, •ituate, lying, and being in the
Counry of J t. LUC 1 C end State of Florida, de~cribed +s foilowt:
~ots ~2 ~nd 13, Block E~, DORADO SUBUIVISIUN, ~s pPr plst
thereof on file in Plst Fook 8, Page 2, of the public recorc~Q
of St. Lucie County, Florida,
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togetner w~rh all ar,d sinr~ular rhe tenements, hereditaments and ap~urtances tFereunto belong+ng or in enywise apoertaining ihereto, end ell rentf, iisuts,
proteeds and prefits accr~in~ and to accrue from sai:~ premises a~l ef which are inciuded in the above and foregoing description end habendum.
TO HAVE AND TO HOLD the above desuibed and grented prem,ises ur.to tha said MORTGAGEE, its succeswrs and assiflns forover. And the ~aid
MORTGAG for -~h~~' heirs, executors, admin'istrorors and assigns, hereby covenanta with the iaid MORTGAGEE, its wccesiors and suignt,
t~iey are
that lawfu!ly seized of tne said premises in fee simp!e; that the same are free,. dear snd discharged from ali liens and Mcvrrr
'tran:es in law or in eq~ity, and that_ tn~ will end ~ t ~ I' . heir~ thall warra~t and defend the title to thc aeme to the said
MORTGAGEE, its successor: and essigns, Forever againit tht lawful ciaims and demands of ell persons;
PROVIDED, AlV`.'AYS that if the A10RTGAGOR shall pay unto the MORTGAGEE the promiasory note hereinbefore described and shall truly, prompt~y
erd fu~ly perform, discharge, execute, complete, s~mply with end abide by each end every the stiputations, egr?erflents, conditiom and covenants of ~aid
~;rom~ssory note and of this Mortgage, then thia Mortgage and the Estate hereby created ahall tease and tse null end void.
tT IS UNDERSTOOD that the word "Mortgagor" whether in }he a~nguiar or plural snywhere in thi~ Mortga9e, thell be singular if one oniy and
ahaL' be piu~al ;ointly and teverally if more shan one, and that the word "their" a• u~ed anywhere in this Mortgage shall be taken to mean "hix," "hers,"
ar "its," wherever the context ~o implies or admits. Also, that wherever there i~ s reference in tha covenants and e~roemrnts herein contnined to eny of
the parties hereto, the same shall be comrrued to mean as weli as the hairs, legsl representstiv~s, tuctessors and etsigns (either voluntsry by ect of 1ix
~a.tiee or involuntary by op?ration of the law) of the same and thnt the covenants herein contained ihall bird and the benefits and advantages inura
to the reipedive heirs, iegal representativei, •uccessors and ats~gns of the parties heroto.
And said :5~ortgegon, for ihemseivts and their heiri, legal representetivei, •uctexaors and a~figns, hereby iointiy and seveieiiy covenant and agree
to anci with tF~e said M~RTC,AGEE, its successors and assigni:
1. To pay all and singuler thc principal and interest and the veriouti and sundry sums of money peyabla by virtue of seid promiesvey note, and this
mertgage, each and every, promptly on fhs days rospectively the same severolly become due.
2. To pay ell and •ingular the tazes, assessments, leres, liabilities, obligation~ and encumbroncet of every nsturt and ki~d now on said desvibcd
property, or that hereafter may be impofed, :uffered, p!aced, levied, or suessed thereon, w th~t hereattcr may ba levied o+ asse~sed upor~ this Mortq-
age, or rhe indebtedness secured hereby, each and every, when due tnd payable, atcordirtg to law, before they become da!inquent, and before eny intersst
attaches or any penaity is incurred; AND INSOFAR i.5 AN~ THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIED AYD DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAI DOCUMENi (SUCW A5, FOR INSTAIVCE, THE TAX RECEIPT OR THE SATISFACTION PAPER •OFFICIALLY ENpORSED
OR tERTIFIEDj SMAI,I BE PLACED IN THE HANDS OF SAiD MORTGAGEE WITHIN TEN DAYS NEXT AFTER ~AYMENT; and in the event that any the~eof i~ rtot
pa:d, sa! sfied and distharged sa'd MORTGAGEE may at any time pay the same or any parl thereof without waiving or affecting any option, lien, equity or
•~qht under or by virtue of ihis mortgage and ~he fu!I amour,t of each and svery such paymrnt •h~ll be immediately due and paysblt and shell bear interest
srom rhe date ~hereof um~l paid at ra±e of n;ne per cenrvm per annum snd together w~th •uch intere~t shall be sewred by the lien of th's morgtaqe.
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