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0`~~ THIS INDENTURE, Made th~ ~.~~~1 day of D9CBIDb9i' A.D. 19~^, b~tvta~n
J{ H~r 9 Co~„~uction ~s~r~orgtion~ a_ F1Qrj~A ('-nr~~nrRti ~ny
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of ~t . 1.+11C~8 County Florida, hneinsfter detigneted as tha "MOV.TGAGOR," a~d fIRST FEDERAL SAVINGS ANU IOAN
ASSOCIATION OP FORT PIERCE, a corporet~on aryanized end exiiting under the laws of the Unlted Star~s of Americs end having it~ pri~cipel pl~ce of
bu~inest in fhe City of Fort Pierce, St. l~cie County, floride, hrreina(ter designared es tfie "MORTGAGEf."
WHEREAS the MORTGAGOR is ju:t~y indebted ro the MORTGAGEE in the sum of 3~~S1S[~ of the came and that the covenents herein cantained ihall bind ar.d tha benefits and edwntages inure
ro tha respective hain, legal representntivei, succesaon and ssa~yns of the p~rties hereto.
And ~aid Mortgaqon, for themsalves and theii heirs, legal represantafivei, tuccdssors and e~siflns, hereby jointly and severally covensnt and ~9ree
to snd with the taid MORTGAGEE, its successors and assiyns: s
1. To pey ell and einyuiar the principel and interest •nd ihe various ~nd wndry wms of mo~ey paymble by virtuc of said Fromiswry note, •nd thit ~
mortga~e, ench snd wery, prom,pfiy on tht days respettiv~ly the s~me s~verafly becom~ due. ~
2. 7o pey •II and ~inyulsr tfie taxe~, asu:smenti, !eviea, iisbilitie~, obl+gations and ~ntumbrance~ of every niture end kind now on seid described r
property, or thet hereefter m~y b~ imposed, svffered, pixed, levied, or •ueued theroon, a tha~ here~fte~ may be Ic~ied or ~tisesud upon this MoNq• ~
•ye, or the indebtedn~~s utured hereby, sach an~ ~very, whon d~e •nd payable, eccordin9 to Iaw, txfwe tfiey become delinqvent, snd befor~ any intsreit
attaches or any penelty i• incurred; AND INSOfAR AS AN~ THEREpF !5 OF RE:ORD 7HE SAME SHAtI BE PROMPTLY SATISFIED AND DISCHARGED OF
RECORD AND fHE ORIGINAL OfFICIAI DOCUMENT (SUC AS, fOR INSTANCE, THE TAX RECEIPT OR TY9E SATISFACTiON PAPER •OFfiCIAIIY EhDORSED
OR CERTIFIED) SHALL BE DIACED IN THE HAt~lDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT RFTER PAYM~NT; and in the event that any thereof is not
paid, sat'sfied and dischar~cd sa'd MORTGAGEE may at any time pay the same o* any part thereof without waiving or affettinq any opNan, lien, equity or
riqht under or by virtue of this mo.tgege and the full amount of esch ans~ evrry fuch payment ahall be immediately dve snd payablt and shal! bear ~nterest
from rhe date thercof until pa~d bt rate of nine per cent~m per annum and ta~ether w~th suth interest shalf be secured by the lien of th:• morqtaqe.
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