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THIS INDENTURE, Mad~r~ ~1th R d,y ot M~rQ~, ' , ~.p, ~9 6b ~ r
hur P. y.al and Madeline a. AyRl~ ~~~~M
his wife
of ~ef t1t Lticie ~~p~ty Flwid~, Ae~~;,wfta d~ilynated as fh~ "MOR7GAGOR;' and FIRST FEDERAI St1VING5 AND IOAN
ASSOCIATION OF fORT PIERCE, a co?paaYwn or~anised and ~xistin~ under IM lawi of th~ Un~ted Su?~~ of Am~ric~ u+d Mvinp its prinupa! pl~c~ of
busi~ea in ~F» City of fo~t PiKCe. Sf. luci~ Cou~ty. florid~. hu~inafter d~spnat~d as th~ 1"'MORTGAGEE."
WHEREAS tM MORTGAGOR ia jvitly ind~bted ro tl+~ MORTGAGEE in tM wm of ~ GL~.,~~0• ~ gow~ and tawful money oi the Un~ted
S~ats: ~dvanced by ths MORTGAGEE unto ths MORTGAGOR, ~s evidented by • certain promistwy nota of evsn date herewith, of wh3ch tM ioilowinp i~
wadi Piyur~s is a trw copy, tawih ~ 1 r~
~ !s ,~00. ~0
fort Pi~ne. FbrFda, March !t~ ~qb
Fw valus receivsd, 1, we or eithe~ of ers, promise ro pay, withovt dsf~lcation, to the orde~ of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIAiION OF
WRT PIERCE ar Fat Pierce, florida, the tum of ~ 500 • w;th inLteres~ (rom da~e at ~he rate of 6 % pK ~nnum, in monthly ias~al{-
ments as fotlows: Z~~• on tMl~ day of A~~ 1 19~6 and a tike swn on the carespondinp day of eacl? month thert-
after until the whole be fully paid.
Eath installment first shall be applied in payment of ths interest s.x! then on the unpaid bal~nce of the pri.-~c~p+! iwn. If d~favlt a made in /M
payment of ~ny initallment when dve, and such defauh continues 30 days, then at the option o( the holde?, snd without any otMr notice, ~II the remaiai~g
insqltrne~q shall be dve and payable at once. Privilegs i~ given to prepaY fha note in whob or ie~ pat ~t ~ny time without pen~iry. •Neiiher iwebearantt,
nor scc~ptance by the holder thereof afte~ a~y default i~ sny paymenis heteon, shafl be deemed extension. A f~te paymenf tMrge of S 1~ 6 shall bs
added ro each irutall~nent remainirg unpi~d 7 days af~er ia dw dat~, and ~ like aum ahall be added ~o each wch uurallmQnt remaininp unpaid 7 days aher
eath tucceedi^9 WYmer?t d+te. .
Each m~ker, wrety and erdwser hereof, jointly ~nd sever~lly, waives demand, presentment pro~est ~nd ~otice of protest fo~ nonpaymeot, a~d fwthe~
sgrtes to aoy exten~ion of tirne o( paymcnt, eirher befwe w after maturiry, without not;ce to sny of us; and to pay all costs of colletl~or?, irxlud~rg a
reasonabk attorney i fee in the event of any defsult herevnde?, and Fkreby uverally waiv~s all benefit of homestesd snd exemption ~nder the tautinrtioo
a~+d lawi of each Stats of rhe Unifed St~tes, as egainst this obtigatan w any exteru~on a?cnewa) hereof_
. Witness the hand and xal of eath party. •
s Arthur P. Aval ~
~f Madeline G. Byal ~y
cs~,?u
~ 6. 7 5 ~ s~.+. cs~"u
cs~unp. c.nod~.d a? «qins~ oor.)
NOW, THEREfORE, tM MORTGAGOR fw tM pu~po~ of iecurinp p~yment of s~id sum of = ~ Kn~1 ~ nn ~ and tM performaecs of th~
coven~nn and yreema+b hertinafte~ eapressed. ~nd iw divers 9ooJ and v~lwblt caqidtratioes, by fhe~ p~es~nfs, does Qrant, barqain, sell, r~mise,
rele~~e, conwy and conf'um unro tl+~ MORiGAGEE, its successors a~d auipnt, ~II th~t c~rtai+? Iw, piea~ w parc~l of land, sitwtt, lyirg, and b~inp in tl+s
~a,,,ti ~ S a i nt Lu c i e and Stat~ of floi~d+, d~wib~d a follows:
Lot 30, R1ack 1~ GRF?~'NWOOD Si)R?3IVISION, ~s ~er plat thereof recorded in
Pl~t Boo Z1, page 41, ~ub~ic records o£ Sain'~ I.ucie Countv, Florida,
a"CEIYED i IN PAIIMENTOFTAXE3_
:~UcOii CLAS~' tvTTK ;~P.LE PERSOMAL rROrE1CR•
.°t/RSUAMT TO ~HAc'iE.~ 20724, AGTS OF 1l41,
kfl~R ~:j•' . t~aflt ~CUIt ~.011~1
d/ ~~pe ::1: i 1~ 11~. J~
31~ Mc~ C'Au~it 10x GII~
~"~is is e secon _ e, sub ject to a first mortaaRe to First Federal
~ Savinas & L•oan Association of Fort pierce in the emount of $19,1~0,
dated October 29;~~ 196~ and recorded in 0. R. Book 102, oage ~t16-lt17,
rublic records of Saint I:ucie County, Florida, 5 ~ t ~F t-LUt-21UA
! '
~ v ~ DOCUMENTA~" STAMP TAX
~ Z - = ou.tie rt, --~--~'-s
~ _ nAS-e~as ~ =
' ~ ° = ~ 6 7 5=
V ~ ~:i'
V) COMPTROlLER
P.B.t9o~as -
rop~ther with al! and s;nQulu tM t~nement~, hereditsenenn and ~ppwt~nces tlwwnw belonpirg or h a~ryrwise appertai~np N~er~fo, and all ram~, fuv~a, ~ .
proceeds and profin ~ccruiny and to scuw from said premues all of whid~ W~ indudeJ in tM ~bow u~d forparg d~sviption ~nd I»bendum. }
TO HAVE ANO TO HOID th~ ~bovt dewibed and pranted premiNS unfo th~ taid N10RTGAGEE, its woceswrs and astipnc forrwa And th~ ~aid
NIORTGAGOR for t~'1A~2+ , hein. ~xecuton, adminutr~rors u~d auiyns, h~tebY tovsrunts with the iaid MORTGAGEE, f1s woauors and
~ rhat t~t9~ 8TB iawfully ~iz~d of tl+s said p?amiaa in fN i'empl~s th~t tl~ aam~ u~ frN.. el~ ~nd d'ael+uy~d from ~II lieru and ~
branc~s in lew or in puity, ~nd t!u* they will ~nd thei r ~II w~n~nt and d~f~nd tM titl~ b tM s+rn~ ro th~ aaid
MORTGAGEE, its sucoesson and wipns, forfwr ~pairut tM I~wfvl ebi~M and d«nae~t of ~II p~rw~rt i
i
~ PROVI~ED, ALWAYS th~t ff th~ NIORTGAGOR shall psy urna tiw MORTGAGEE tM pramiswry not~ Mr~inbefon d~wiMd snd sMtl fruty, promptly '
~ and fu1tY Perform, d'atlrr9e. ~x~a?t~, tanD~~. ~+P~Y with and abide by Nth a~d w~ry the stipulatiom. +~r~Mnts, coeditioro ~nd coven+nb of s~id - 3
promis~wy not~ u~d of tFds Mortysy~. tMn tl~ia Mortpqe and tM &tate he~~by uut~d sl»II aaw ~nd b~ null and void. '
~ IT IS UNDERSTOOD tMt tFw wwd "Mortyapor" whether in tFN sirgular or plur~l ~npwiwr~ in tlws Mortyp~, sh~ll b~ sinpvlu if on~ only and {
sMll b~ plural jointly and kvKdy if mat than on~, and tMt tM word "th~u" ar u~ed anywMr~ in this Mortpsp~ shall be tak~n to nw~n •'his," •'h~rs;
• i
, w'its," whereve~ the cont~xt w impli~s o~ admits. Alw, that wlKr~vK ther~ is a nfer~na in th~ co+renann snd pr~emenn hereio corn~i~wd to any of
~ th~ paties her~to, the sam~ sh+ll b~ oonstrued to msan as well a th~ hsin, I~d npreantativrs, wa~swn ~nd suipr~s (tither valvntary by ~ct of the
F puties w involumary by opaation of tM law) of tir wr~ ~nd tM~ rhe cw.nann ha.in aonr•in.d •h.11 bind and rh. ben.fin and advamp.s tnur.
€ to tM re~p~ctiw h~'vs, I~I representatiw~„ wons~ws and assypq of the parti~s Iwreta
Md s~id Mortpapors, fw tl+emsdv~s and ti~eir iKin, by+l np?es~nt~tiws, suocKwn and ~ssipro. hareby jointly and wveratly cawn~M and ay.~e
~ to and witl~ t!~ raid MORT6AGff, its wttts~on and sysipru;
1. Io pay a!1 and sL~pula? tF» princip~l u~d intaest and thi vuiova and sw~diy swns of narny paY~bb bp virtw of s+id omi
^+o?t9sp~. ~ad~ ~nd ewry. Wanpth u^ th~ P~ ~Y not~, and this
da~ ?~sP~ctiwly th~ s~ sewrally becorm
2. To pay aU and si~gulu the taxes, usawn~ra~. I~vies,, liabilities, obli~tiom and ~ncwn6rsncea of wery natun and kind now on s~id dewib~d
$ prop~rty, w that Mre~ft~r m~y be &rK~a~d, wffa+rad pl~tsd, Iwi~d w aMSf~d tl+erwn, w th~t here~ftu m~y b~ Iwisd or ~sNaud vpa~ tF~ Mwt¢
~ +q~, w t1w ir~bt~drkss ~auad ha~by, sach a+d wKy, wh~n dw and p~y~ble. ~ocardi^D to law, brfon tbey becane dNinqvent, Md befon ary int~ra~
~ •trach~s a amr pe~alry b kKwred: AND INSOf/Ut AS THfREOF IS OF RECOR~ THE SAME SHALL bE PllONIYTLY SATISFIED AN~ DISCHARGED OF
RKORD AND THE ORIGINAI OFFICIAL ~OCWNENI (SIK~ AS, FOR INSTANCE, THE TAX RECEIPT OR THE SAtISFACTION PAPER ~UfFICtALLY ENOORSEO
~ OR CERTIf1E0) SHAIL 6E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN ?EN DAYS NEXT IIFTER PAYMEFlT; ~nd in the went that any Mwred '+s nw ~
p~id. ~Ysfied and d'achar~d pEd MpRTGAGEE may at ~ny tim~ pay th~ sanu a ury put tMreof without w~ivirg w affsctinp arhr option, lien, p~ity or i
~ •~qht ~ndN o~ by virtw of this morty~ and the full amo~nt of ~~ch ~nd ewry wch paymcnt shall b~ irtwned'wtely due ~ed payabb and shall Mar inta~st
~ro~n the d~M thertof unfil p~id R rat! of nint per ttnf~pe~ pN arrwm a~d lpp~fhN with wch imaest sh+ll be ~scw~d by th* li~r? of th:s moryta~,
~ B~OK ~'tV 1~7 ~
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