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THIS INpENTURE, ~+A~d~ rFu day of A.p. 19~., b~tw~an
l~~„arj i: ~ :l•~tilyrt, ~r~•~ !~!~T.r+i (!.~n.rc~L }~i ~ ~„~i Fo
of c° ~ r't T'~r i~,~,, County florida, hereirtafter det~9nated sa the "MORTGAGOR,'" and FIRSi FEDERAL S~+VINGS AND LdAN
ASSOtIATlON OF FpRT PIERCE, • corporation a?ga~i=~d •nd existinq under th~ laws of th~ Unitrd Ststos of America •nd haviny iri principel pl~c~ of
business In tha City of Fort Pi~rce, 51. Lucie Co~nry, Florida, hereinah~r designated ss tht "MORTCrAGEE:'
~
WHEREAS fha MORiGAGOR i~ juftly indebt~d to N,e MORTGAGEE in ihe sum of : ~ n~~ good a~d lawful monay of the lJnlted
States advanred by the MORTGAGEE unro the MORfGAGOR, as evidenced by a certain promiisory note of even date herewith, of whith the following in
io~~pnn~gu~l~s a trua ccPY, tdwit: N~~y,2
~ •
~P C '11Y~ 1 ~
Fo~t Pierce, Flwids, p' ~ K~ 14
for vatue received, t, we or either of us, promise ta pay, without defalcntion, to rhe order of fIRST fEDERAt SAVINGS AND IOAN ASSOCIATION Of
FORi PfERCE at Port Pierce, Floride, the sum of S_ p7 ~~`,nn w~th interest from date at the rate of per annum, in monthly instell-
ments at fol!ows: n n on the ..~t~l day of ~A~T~'18
Y'e , 19_S?~1~ sr,d e like sum on the corrotpondiny day of each month there-
efter until the whole be fully pa~d.
E.~ch Installmenr first sha~l be applied in paymenr of the interest and then on the unp~id balance o# !he p~in~;pa! w~. lf defeult it made in the
paymenf of any insta~lment when d~e, and such default tontinues 30 day~, then at tha option of the hofder, and witho~t eny other notice, all fhe remaining
installmerua shail be due and payable at once. Privilege is given to prepay this note in whole or in ~art et sny time without penalty. •Neifher forebear~rtta,
nor acceptance by !he holder thereof after any defau!t in any paymenh herron, shall be deemed extentiion. A lare payment cha~pe of S!~ shall be
adtied to each +nstallment remaining unpa~d 7 days a4!~r ita due date, end e like sum shall be edded to each such installment remaininq unpaid 7 dayf •fter
each Yutceeding paymer,t date. .
Eac~ meker, wrety and endorsar hereof, jointly and severolly, waives drmand, presentment proteat end notice of pratert for rtonpoyment, and further
agrees to any exter.aion of time ofi payment, either before or aftzr maturiiy, without notice to any of us; and to pay all cost~ of collec?ion, incfuding e
reasona~+le attnrney's fee in ?he event of any default hereunder, and hereby severafly weives ell benefit of homestead and exem~,tion under the cnnstitution
ond laws of aach State of the United Sfates, as aga~nsr this obligation ar any extension er renewal hereof.
Wiiness the hand an~ sea! of each par~y.
q/~ n.i 1+' f n r3 n trl C
, (SEAI)
" ~ ~1n„r'1 q Tl ? .i "T.~ S (SEAL)
• -
(SEAI)
! (SEAL)
r
~ r ~n ) 5tate Revcnue
(Stamps cancelied on orig~nal note)
NOW, TY~REfORE, the MORTGAGOR for the purpoae of securing payment of taid sum of j~ n~. nn ~ end the performanta of the
tovenant~ end aqreementa hereinafter expressed, end for divers good end veluable to.~tide~alions, by these prtaents, daet grant, barqa~n, sell, remise,
release, convey and tonfirm unto the MdRTGAGEE, iti •utcessort end atiignt, all that certein lot, piets or parcel of land, tituat~, lyiny, end being in tha
County of 7"!'• ~ F'• , and Stste of Florida, describad s~ follows:
i(~'r R~nn~ R~ `~.7?'7 i.TyjG' ~~.~~j{ ti`;T`1~T~,/7~'1 (1'~g ^L.~T'+ i~t{' t',1-~orcarlf' r!~!~nY+!~A/~i ~}'1
T?7r:i' `~'r'l(~~i r,^~-;~ l'~' ~1~7~`.1ir 'Y+n..n»ac! ('if' C7ir~t T~7njP '',~~~j°;'li'.'f~ I'~1~~''1'at3!
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together with a!i and singular the tenement~, hereditaments and appurtance• thereunto oelo~ging or in snywise appertainin9 thereto, and elt rents, iuvet, ~
proceeda and prcfits accruing md t~ accrue from aaid prtmises elI of which ~re included in the above ~nd foregoinp deuription and habersdum.
TO HAVE AND TO HOLD the above deacribed end grented premisei urtvo the uid MORTGAGEE, its sutcessors orvd ~ssiyns forewr. And tM said
M04tTGAGOR fur p~~ heirs, ezecutors, sdmin'istrotors artd aseigns, hereby tovensnt~ with the •aid MORTGAGEE, ita wcctuon •nd ~t~fqnt, 4
thet +~~"~-F-'r~--- lewiully se~zed of the u1d premise? in fee ~Smple; that tM same are frsa,. clear snd dischasged from all I+ens and ~nevrtr
,
b~ancei in law or in equity, and that_ r~,~~.-s will and t~P' 2' heir~ shalf warrsnt snd defand tM titl~ to th~ same to tM sa~d
MORTGAGEE, its successors and assigni, forever a9ainit tM Iawful cl~imt and demand~ of stl persona;
PROVIDED, ALWAYS that if the MORTGAGOR sha(i pay unio ths MOR7GAGEE tht promiuory note hertinbefore dexribe~d and ah~ll tr~ly, prompily
and tully pe~form, d;uharg~, execute, complete, tomply with and abide by eath snd every tho stip~lations, aqreeTents, to~ditions and tovenareri of iaid
prom~isory note +nd of this Mortgaye, ihen ihis Mortgvge and tha Ettets hereby creeted shall t~asr arul be nutl and void.
iT IS UNOERSTOOD that the word "Mortgagw" whNher in fhe tinyu(a• or plural anywhere in fhi~ Martyspe, ~h~l1 ~~ingular if on~ only ~nd
shalt be pluraf joinrly a~d ~evrrally if morr than ons, and that the word "their" at uted anywhere in this Mortpsyr thsll be taken to mean "hif," "hers," '
or "itt,'" wherever the context io imp~ies or admits. Alw, that wherever thsre is a r~fMVence in tlu~ covena~ts and ~greements hertin cant~ined to any of
the panie~ hareto, tfie same shatl be conitrued to meen as wall a~ the Min, leqat nprtsentatives, tucctssorf •nd e~i~ym (either volun9ary by ~ct of tha
parties or invo{untsry by operation of the law) of the ~ame end that the covenant~ lxrain contsin~d shsll bind •nd the benefits and ~dvamayte inur•
to the retpedive heirt, Isgrl representetiv~t, ~ucceuors a~d ass~pns of the parties h~roto.
And ~sid Mortg~qorr, for themaetves snd tfieir heirs, teg~l repraserttativsi, s~ccs~wn ind auigns, her~by jointly and severally covenant and aprk
~o ~nd with tha said MURTGAGEE, its ~ucceuas and a~siyn~:
i. To pay •II artd tin9ular the printipal and interest and the various snd sundry ~ums of moeKy pay~ble by virtw of uid promi~sory nots, •nd fhu
mort9~ps, each ~nd svery, promptly on the days respectivaty th+ ums s~v~rslty becan~ due.
Z. To pay •II snd sinqular the t~xes, aues~ments, I~viss, li~bilitisi, obligstians and irxumbrarxr~ of every natvr~ •nd k~wd now an said ~desuib~d
praporty, a that F+~rerfttr may be imposad, suffer~d, pl~ced, levied, w su~ued thtreon, a that ixtee4ter may be levied w aueaed upon thi~ MortQ~.
sqe, a tM Sndsbt~dneu s~curad he+eby, ~NCh and eyery, when dw ~nd payable, ~ccordirsy to law, befort thsy bacane dellnquenr, ~nd befors any iRtare~l
attaches or ~ny ptnaJry i~ incurred; AND 1NSOFAR AS AN THEREOf IS QF RE;ORD THE SAME SHAII BE PRflMPTIY SATISFIED AND DISCHARGED Of
RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (SUC~ AS, FOR INSTANCE, THf TAX RECEIPT OR iHE SAT(SfAC'ftON PAPER ~OFFiCtAILY ENOORSEO
OR CERTIFIED) SHALL BE PLACEO tN TME NANpS Of SAID MORIGAGEE WITHIN 7EN DAYS NEXT APTER PAYMENT; ~nd in the event th+t any thersof is rrot
paid, sst'sfied u~d diuhargtd said MORTGAGEE may N any time pay the Ramt w any part ther~of without w~iviny or sffRCting •ny opNOn, lian, equity or
.iqht under or by virtue of thi• mortysge ~nd the full •mount of esth •nd tvery iuth psymrnf s~+all be immediateiy due end piyi ~~e and shall bea~ intsreit
irom the d~te thereof u~til ps+d at rate pf nine per centum ~°r n m•nd toqeth+r with suth iMtr~e~t fhali be src~red by the lien of th;~ morptayt.
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