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THIS 1 EN RE,~.d~ tM 19th of .Ja1yUAr~? A.D. 19
68 y b~nwNn
~aPP a~'Go~iet~~ SaPP~ s N e,
of $a nt ~1C1@ Couery Flaid~, Mr~ie+aita dNipn~t~d ~s tM "MORTGAGOR," and FIRST FEDERAI 51?VINGS AND IOA:~
ASSOCIATION OF FORT PIERCQ ~ corpaation orp+ni:ed and ~xis~inp u~. th~ 1~ws of th~ United Suua of Am~ric~ u+d Mvinp its principal pl~c~ oI
buuMas in tM City of for~ PiKn. St. luci~ Gounty. P!«Wa, h~rsinafta d~sipnst~d as th~ "MORTGAGEE." .
WHEREAS tM MORTGAGOR b jwtly ind~btud ro tM MORTGI?GEE in th~ sum of ~ 2~ 200 • 00 ~awf~l morey uf the UnJe!
S~et~~ advanc~d by th~ MORiGAGEE uMO ti~e MORTGAGOR, ai evidenud by a cKUi~ promiuory not~ of even d~~e herewith, of wh~ch • tM fotlowinp in
words and Fiyvns is • trw copy. to-wit:
s 2, 200.00 No 14. 664
fort Pierc~, ~i«id., January 19 19 68
Fcr valve receiwd, I, we o~ eirher of us, promite to y, witFaut defalwtion. to ths ord~r of FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Picrce, Fb~ida, tM ium of = 2~~'~ with intere~r from date ~t the rate of 7•Q pM in monthly ir?itall-
rr~ents as follows: ~~M lOthday of Mareh ~q68 ~ ~;ka twn on 1he corresponil~ny day of each month tl+ar
after until the whole be fully paid.
Each installme~t first shall ba applied in p+ynxnt of the interest and then on the u~psid balar+ce of the princ~p+l sum. If default is mad~ in tM
paynxnt of a~y installment when due, and such default continves 30 days, the~ at the option of the holder, snd wi~hout sny other notic~, all tM rorrwinin9
~nstallrnents ahall be due and payabk st once. Vrivileps is 9iven ro prep+y this note in wlwb w in pa?t ~t ~nY time without ptnaMy. 'Neit1+K forebesnnct,
f10f iCtOPfaMf by ths holde~ thtreof after any defauU in ~ny payments hereon, shall be deemed exteruion. A I~~e payment ch+ry~ of il' ~ ~hsll b~
added to each insqltmsnt remaininp unpaid 7 dayi afta iri dw date, snd a like s~m shall be sdded ro each such initsllmenl rtm~inug w+p+id 7 days ~fMr
each succseding paYme^t date.
Each make~, w~ety and endorsa hereof, jointly and severdly, waive~ demand, prexnrment protest ~nd notice of protest for nonpayment, ~nd fuhher
agrets to sny extension of time of payment, either before w after msturity, without notice ro any of us; and to pay all costa of collection, includlnp a
reason~bk attwney i fee in the event of any detault hereunde~, u+d hereby sevaally waiv~s all bei+eiit of homeste~d ~nd exemption u~der the torutitvtioe
and lawt of each Sute of the United States, as agsinat this obligation o~ any extension q renew+l hereof.
~tness the hand ~nd sesl of cach party.•
s/J . M . Sapp ~ ~u
s Lounette Sapp ~,U
~
$3.30 ~
t ~ Stat~ Revenw
(Stamps tantelkd on otipinal note)
NOW, THEREFORE, the MORTGAGOR fw the purpos~ of securi~g p~yment of said sum of i 2~ 2~ . a~d ?M Pe?form+nce of th~
covenann and ayreemenn hereinahe. expreued, . and fw diver~ yood u+d valu+bl~ co+nider~tio~a, by tMs~ presentw do~s yr~nt, barpsin, ~ell, remis~,
releaie. convsy nd. f'~rq~ ~ntq tl» MORTGAGEE, its ivccessors and ~uipns, dl that ceruin lot, pi~u w parcel of land, sitwte. lyup, and b~irg k~ tM
covnty oE ~alri~ LLLCle u~d Srst• of Flwida, d~wib~d u followu
North 1/2 of the Northeast 1/4 of the Southeast 1/4 of Northwest 1/4~ less the
South 60 feet of the east 125 feet, of Section 24~ T~wnship 35 South~ Range 39
East, the same being the North 1/2 of Lot 9 of the NW,l/4, according to the
Boston and Florida Atlantic Coast Land Company's Subdivision as per plat thereof
on file in Plat Book 3 at page 32 of the public records of St. Lucie County,
Florida,
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~ toyeth~r with ~II a~d sinyula~ ti+t tenem~n», heredit~msnts and sppunances thereumo belagirg or in anywise ~ppt~t+inirg Miersto, a~d dl tenb, bsws.
proceeds ~nd profin uauinp ~~d to ~cvue from said premises all of which ~n irKJuded in the abov~ and fore~oinp daviption and h~bendwn.
~ TO HAVE AN~ TO~ ti~e ~bow desuibed and yranted premisa uroo the wid MORTGAGEE, its waeasws aed aslpes forewr. Md fh~ s~id •
14~ORT6A~ for ~---Y htirs. ~xetuton, ad:ninatnton and sssipro. I~eby coven~nri with ffis said MORTGAGEE, its waesson ~nd ~alpm.
~ fhat ~"ey are IewFully seiud of tFw s+id prem~us in fae simple: th~t the s+rrw u~ fne.. d~+? snd disch+ry~d from all liam aid ~ncwm !
~ brsnces in law w in puity, and tha* theq wil) ~nd their ~11 warrant and d~ftnd th~ titl~ to th~ sam~ to th~ s~id
MORTGAGEE, in s~ccauon u~d auigns, fw~wr ~y~irat tFr I~wful claims a~d demand~ of all pawros ~
~ PROVIDED. ALWAYS tMt if the MORTGAGOR ~hall p~y unto th~ MORTGAGEE the pramiuay not~ hereinbefor~ d~wib~d and ahall truly, promptN '
~ and fully perform, disd~ary~, execut~, compkte, comply with and ~bide by esch and ~wry the stipula~ions, s9raNnen», conditaro uid a~venann of iaid
~ promiisory note and o~ tha Mwtyap~, then this Mort9ap~ +nd the Est~t~ hertby ueat~d sh+ll cea~e ~nd b~ nvll and wid.
j;. IT IS UNDERSTOOD that the wwd "Mwtypw" wt+ether in tFw sinyular or plwal ~nywFnre in this Mortp+p~, shall be tirgulu if on~ only ~nd
~ ~hall be plunl joimly and severally if mor~ tMn on~, and that tFw wwd "f h~ir" as used anywh~r~ in this Mwtpspe sMll be taken fo mean •'his,•• •'hen: ' -
w•,in," wherwer th~ oont~:t so impties w admin. Alw, tMt whereve~ ther~ is a referenu in th~ covtn+nb u~d agnemenb he~~in cont~ined to any of ;
th~ p~rtks haeto, th~ s+m~ shall b~ cautrued to me+n ss vwll u the h~in. Ipal represent~tivet, sucuuan and ~sti~ns (either vduehry by act of tht -
partip or involuntary by operation of the law) of tM s+ms and tMt the coveoann iwr~in oontain~d shdl bind aod tM benffi» and dvant~s inw~ ~
~ to tM respectiw Min, byal represent~tiv~s, waeuas u+d +ss~yns of th~ parties !?K~to. ;
. Md said Mortyapor~, for tF~emulves and thsir Min. Ipal r~preunt~tives, succ~sfo~s and aaipm, hsr~by jointly and severdly coven~nt ~nd ~yr~e ~
~ to and wirh ths s~id MORTGAGEE, in sucussws •nd +uiprn: ~
'
~ 1. To p+y all ~nd sinpvlu ~M prinap+l ~nd intacst and thi wrious and wndry wms of maM1/ P+Ya~ bY virtu~ of said promisfay not~, and this ~
~T mortpye. ~ach and ~verY. P~a^Ptly on 1he days rapattivdy fF» sx~ ~w~rally b~cam dw.
'x 2. To pay all aed sirgulx tM taaes. ~uesunann. I~vies. liabilitie~, oblip+tam and ~ncwnbnnces of wery n+tw~ aed kind raw on ~+id dexrib~d
~ property, a ttut Mrs+ha m+y b~ imposd, wffK~d. P~aed, bvi~d, o~ au~ssed thenon, or that henaft~r may be levwd a ~sses~ed upon thi~ Matg-
+y~, a the indebtednes~ sscvred hereby. ~ach and wery, wMn dw and payabb, accordinp to law, b~f«~ they becar~ d~linquem, and b~fon arry intat?t
~ atrachts a any pe~alry is incwred; AND INSOFAR AS THEREpF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIE~ AND DISCHARCsED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUC~ AS, FOR INSTANCE, 1HE TAX RKEIPT OR THE SATISfACTION PAPER ~OFFICIAILY ENDORSED
~ OR CERTIf1ED) SHAII dE PlACEO IN 1HE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ~wnt that ~ny therwf is eot
~ paid, s~t:sfied ~nd dixh+ry~d said MORTGAGEE may st ~ny t~me pay the sam~ w a~y p+rt the~eof withoet w~ivinp w affedinp +nY opkan. I~en. ~qv~h or
~ om t~dri e ttw~eof ~+ntl psid t~1
at~ ninst per centum p~ ennum and ~wp~t
~w~ h wchtinta'est ~Immediat'eew~d
bY+ th~ I'
~ th
i mor9t+y~• int~r~t
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