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~ THIS INDENTURE, M~d~ ~he ldth dey of DeCBmb@r ~ q.p, lo betw~on
James Ksa~ n~nd Cerrie Keeton~ h~g~~fP ` ~ ~
'2 - - - -
pf Covnty Flbride, he~einaft~r designared a~ the "MORI'GAGOR," and itRST FEU;RAL SAYINGS ANQ IOAN
ASSOCIATION OF FORT PIERCE, e corporation orpanized end •xiNin~ ~nder ths faw~ of th~ Unitsd Stat~s of Americe end having its prin<ipal pl~cs of
~ busin,~s in Phe City of Forl Pierce, St. lucie County, floride, F~erelnafior dt~iflnated ef th~ "MORTGAGEE."
WNEREAS the MORTGAGUR 'f u~tl indebted to tha MORTGAGEE in the tum of j 2,~ • 0~
Y good end lawfui money uf the Un;red
~ Statrn edvanced by the MORTGAGEE ~mo the MORTGAGOR, es evideneed by a certain promiasary note of even date herewith, of K'h~CFI tha following in
words and fi ure~ is a true copy, to-wit:
~~_~2~0 . 00
No` 7._._ ~
-~1
f~
Fort Pierce, F,o.~da, _December 10 ~q_~
For vnlut received, I, wa or elther vf us, promise to pay, without defelcation, to the order of FIRST fEDERAILSAVINGS AND IOAN ASSOCfATION OP
J FOR7 PIERCE et Fort Pie~ce. Florida, tne sum of S-~Q_._s~1~ v,,;ih inr~resLt from date at the rate o1~~% per ennum, in monthly initel!-
ma~~ts as foliows: S- ~2 on the ~ th day of J_
an~gT'~' 19___52L~t nnd a like sum on the corrasponding d~y pf eeth month therQ-
afte~ unti! ihe whole be fully paid.
Each installment first ihali be appGed in paymen! of tha interest and then on the unpaid balan~e of the principal sum. !f de~ault i~ made in ihe
payment of any instal(ment when due, and such defau!t con~inues 30 days, tnen at ~he option af ~he holder, and without any othar notice, all the remaining
installments shall be due and Nayab~e at once. Privitege is ~iven te prepay thia nore in wh~le o~ in perr et eny time without penalty. 'Neither`.
fo^rebeer~nce, %e
nor atccptance by the ho!der thereof after any default in arry paymeros hereon, sFall be deemed extension. A tate paymenf cherye af S- S7lL., ~ha11 be
added to each installment remaining unpa;d 7 days aiter ih due date, and a like sum shall be addcd to each such ins!allment remeininfl unpaid 7 dayt •ft~v
each wcceeding payment date.
Each maker, surety ar.d endorser hereof, jointly and severalty, warves demand, preeentmrnt proteat and notice of prote~t for nonpayment, and further
agreea to e»y extrnsipn of timt of payment, either befpre or after matunty, without notite to any of us; and to pay all cosrs of toltection, in~lud:ng a
reasonable attorney's fee in the event oi any defau~t hereunder, ar.d hereby severally waives all benefit of homettead and exempiion under the tanstitution
and laws oi each Stat~ of the United States, as agairst this obligatiort or any extens~on o~ renewal hereof.
Witnesa the har,d and seal of each p~rty.
~s ~ J IRe ~ K@ 9 tOt] (SEAL?
8 C 8,~'~~_ K~.~Qri 15~A~)
- (SfAy
p (SEAL)
~ • V Q Stete itevenue
(Stamps cancelled o~ or~g:nal note)
NOVN, tHEkEfORE, the MOR7GAGOR ior the purpose of secuiing payment of said sum of S~i ~Q~ •~Q , ar.d tFse performence of the
covenents and egreements herrina(ter expressed, and for divere gwd and valuebie con~ide~stion~, by theu presents, does groM, bargain, seil, rem~se,
relea~e, convey and confirm unto the MORTGAGEE, its ~uccessers and ass:gns, ell that certsin lot, pieca or parcel of ler,d, t:tuare, lying, and being in the
County of _ s~. L' uC i E` end State of Floride, da~cribed as follows:
Lot 1~, Block b, LINCOLN PARK SUBDiVISION N0. 2, sa p~r plet
thereof on file in Plat Book 3, page of the Pt;blic Records
o~' St, Lucie Crnznty, Florida,?
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together with all and sin~ular the tenements, hereditaments and eppurtancei thereunto kxlonging or in anywise apperTeining thereto, and all rcnes, issues,
proceeds and profits accruir.g end tn accrue fram said premises all of wh~ch are included in the abpvs and foregoing de?cription and habendum.
TO HAVE AND TO HOtD the abovt desc~ibed and granted premises umr the seid MORTGAL'iEE, its su:cesiors and assi~ns forever. And the aaid
MpRIGAGOR for --~~'~-I' t~eirs, executors, adminiztretor~ and aisigns, hermby covenants witn the seid MORTGAGEE, it~ sutcessors and auiqrss,
thot ~Z~-- lawfully aeized of the said premises in fee tirrple; thet ihe ~eme ere free,. tieer and diacharged from all liens snd encum-
brances in lav~ or in equity, and that_~~. ~'~7 will and ~~"1P'~ T'' ~ ;ieiry ~heli warrant end defend tltie title to th~ seme to the s~id
MORTGAGEE, its tucceasor• and essigns, forever against ths !awfui claimf an~' demer.di of a!1 pertons;
PROVIDED, AlWAYS thai if the MORTGf1GOR •hall pay unto the MORTGAGEE the promissoty note hereinbefore deuribed end ~hal1 truly, promptly
end fully perform, d~~cha~ga execute, compfete, comply with end abidc by eath and evary tha ftipu~etiont, agreemer,ta, to~d~tion~ and cavenams of said
promi~sory note and of fhis Mortgage, then this Mortgsge and the Estate hereby created thetl cessa and be nuil and vaid.
~
IT IS UNDERSTOpO lhat the word "Mortgagor" whether in the singular ar plural anywhere in thit Mortgage, •hall be singvier if one only and
~hall kx plutal jointly and severally if more then one, end that the wprd "their" as uud ~nywFere in this Mortgage shsll be taken to msan "hit," "hera,"
or "iti," wherever the cantext so implie~ or arJmits. AI?o, that wherever there i• a referenc~ in the tovenems a~d egreements heroin conrained to eny of
the partie~ hereto, the same shal! tx conrtrued to meen as wefl as the he3rs, Isgel r~presentstives, successors and asiigns (~ither voluntery by •ct of the
pertie~ or invol~ntary by operotion of the lew) of the same and that the cavenants horein ~ontained thail bind and the benefits and advanra9ei inure
to the respottive heirs, tegal representetives, succes~ors arsd ets~gni ot ths partie~ hrretv.
Ar,d eaid Morigaqort, for themsclve~ a»d thei~ htirs, legai representaNves, aucces~ors and assipns, hereby jointly and ceverally covenent enc! sgree
to and with t}ye wid MORTGAGEE, itt successars and assign~:
1. 7o Nay all end si~+yular the principol ard intere~t and the various and sundry s~~ms oi monay payable by virtue of said pro~r~i:sory note, ~nd thi~
mortgage, eeth snd every, promptty on the dayt respectively the :ame sevtrally bstcros due.
2. To pay aN and s;ngular the tsxes, asfatiments, levies, liebilitie~, obliQations s~d Rntumbrance~ of every nature and kind nvw on t~id describec!
oroperty, or that her~efter may be impoaed, suffersd, ptaced, levied, w ~tseued thereon, w that hereafter may be lev;ed or aiaauud upon this Mort~-
+pe, w ttre ir+dabtedness secured hereby, each and ~VlfY, whe~ due snd payable, xcardiny to law, txfore they becoma delinquent, and before ~~y inttr~st
attachcs or any penehy is incurred; AND INSOfAR AS AiV TMEREpf IS OP RE=ORD THE SAME SNAII BE PROMPTLY SA71SfIED AND DISCHARGEp Of
RECORD AND THE ORIGINAL OfFICIAI OdCUMENT (SUC~ A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATIS~ACTION PApFk •OFFIClALLY ENDGR5Eb
OR CER7lFlED) SHALL 8F PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN ?EN DAYS NEXT AfTER PAYMENT; and in the event ihat any thereaf is not
paid, sat'sfied and d~xharged said MOf~TGAGEE msy at any t:me pay the sert+e or any pert thereof witMvt waiving or affecting any option, lien, tquity or
.iqht under or by virlue af thii mortgage and tht fulf emount of each and every tuch payment sh~ll be immediately due and payable end shali b~ar intere~t
~rom the dete thzreof until paid ~t rate oi nine per c~ntvm per annum and together with~ tuch ints~ett ~hall be :ecured by thr fien of th:s morytsqe.
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