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lOth Rebruary 68
Ke~~~y ~ot~sEtrM'u`~~ion~aK~;" ~?f ri a orpora ~on ~.o. ~9 e.n~.«,
of Saint Lucie ~p~~~y Florida, hereinait~r dctignated as tM "MORTGAGOR;' ~nd fIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIFRCE, • corporation oryanized and exiitin9 undcr fM lav~n oi tM United S+a~~s of Mneric~ ~nd Mvinp its printip~i pisct of
buun~a in th~ City of Fort Pieru, St. luci~ Covnty. Florida, htreina(ter d~tiynat~d a~ tM "MORTGAGEE:'
WHEREAS tM MORiGAGOR a justly indebted to the MORTGAGEE in tM sum of = 19 ~ 7'S0 , good and Iswfut mor.ey of ths Un~ted
States advanted by th~ MORTGAGEE unto the MORTGAGOR, as evidenced by a c~rtain promistory oo~e of e+en date herew~th, of which the followirq in
~o~d~ a~
f~' ur~is a trw copy, to-wit: 14 704
y f • No t
Fort Pierc~, Flwida, February 10 ~~8
fw value receivcd, 1, ws w either of us, prom e to without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN A550C~ATION OF
FORI PIERCE at Fort Pieres Fbrid~, the sum gf= ~9 w~th interest from dste at the rate of 6• 7~ pe~ annum, in monthly inttalM
men?s ss foltows: s 142 10thday of J~e , 1968 snd a like ium on the care~pond~ng day of each month ther~-
af~er unril rhe whole be fully paid.
Esth installment first shall be applied in payment of the interest and then on the unpaid balance of the printipal surr.. If default is made in fhe
payment of any installment when due, and such default conlinues 30 days, then +t the op~an of the holde~, ~nd without any other notice, all the remai~irg
inshflme~b shall be due and payable af once. Privilege is given to prepay thit note in whole w in pan af ~ny t~me without penalty. •Neither forobearance,
nor ~cctpta~ce by the holder Ihereof after any default in any payments he~eon, shall be dcemed extcnsion. A late paymeM charge of : 7' l~ sh~ll be
added to tach installme~t ~emaininp ~npaid 7 days after its dus date, and a lik~ wm shall be added to each such installmeM remaininp u~paid 7_ days afta
each wcceedirg p~yment date.
Eath maker, surery and endwxr hereof, jointly and severally, waivea demand, prexntment p?otest snd ratice of proteat for nonpayment, and further
agrees to sny exta+sion of time of payment, eithc~ be(ore or afte~ maturity, without not~ce to any of ~s; and ~o pay atl costs of collection, includinp •
re~wn~bk attorney's fee in the event of sny default herevnde?, snd hereby severally waives ~II benefit of homestead and exemption unde? ths coiutitution
arxJ laws of each Sta~e of the United States, as against this obligation w sny extensio~ w renewal hereof.
wc~~u ~he t»~,d .~d ,Ni or N~n ~ny. Kelly Construction Company
(SEAt~
Sealed tivith the Corporate Seal By; s e ly Iiall, President ~U
t5~?q
$ 29 .70 ~U
t 1 Stete Rev~n~e '
(Stamp~ unc~lled on wipinsl note)
np p~ymcnt of s~id sum of i ~nd tFk performance of tM
NOW, THEREFORE, !he MORTGAGOR fw tht purpose of teturi 19 ~ 7~
covManh and ~greemenb htre'uufter expressed, and ior divers good ~nd valwble consideratiorr„ by fhes~ pr~sents, do~a qrant, barq~in, sell, rtmis~,
releste, conv~y and confirm unro the MORTGAGEE, ib successo.t ~nd ~uipm, +11 that oertain lot, pi~u or parul of lar?d, titwte, (yinp, and beinp in tM
~ Saint Lvcie .,,d sare of Flo?id~, dNCribd u fdlows:
Lot 4~ Block 5, ORANGE BLOSSOM ESTATES, Second Addition, as per plat thereof
recorded in Plat Book 14, page 2, public records of Saint Lucie County, Florida,~
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toyetfKr with ~II ~nd singul~r tAe ttnement~, hereditsmenri and appurtc<xes thereunto belonginy or in ~nywise ~ppert~ininp therefo. ~nd sll rtn», issws,
proceeds and profits scwirg ~nd to accrue from said premius all of wliKfi an included in the above and forayan~ description and Mbendum.
TO HAVE AND TO, HOtO tt~ above desaibed and yranted p?emises unto tM said MORTGAGEE, in suocessort and ~uipra forwa. Md tlw s~id
AhORTGyGOR ,fw 1tS hein, execvton, administrators and •i~igns, hereby cov~n+nn with tM aid AhORTGAGEE, its ~ucceswn ~~d ~aipro.
~~t lt 1S ~~~~~~Y u~Z~ of the aid premises in fee simpls; that tFN s+rn~ ~re fr~e,. ckar and dixh~ryed from all liens and ~ncu~
br~~ces in law or in eq~ity, u~d thit lt W~~~ 1t5 s~p w~rrant and d~fend the titl~ to tM s+m~ to tlw wW
MORTGAGEE, its successws ~nd ~uigns, fwever aysinst tl+e lawful claims and demu~ds of all perwro;
PROVIDED, AIWAYS thal if the MORTGAGOR ahall pay unto the NIORTGAGEE tht promissory rate hereinbefore deuribed and shaH truly, promptly
snd fully perfam, discMr~e, execut~, compkte, comply with ~nd sbide by esch ~nd every the stipulations, s~reeAUn», conditions ~nd coven~nss of ~+id
promissay oot~ and of this Mortp+pe, then this Mortyaye ~nd the Esute haeby veated shall ceaH and be null and vo~E.
IT IS UNDERSTOOD tF?H the wwd "Mort9apor" whNher in fhe •irgular a pl~ral snywhere in this Mortyape, sh~ll be sinpular if on~ only and
shall be plural jointly and Hverally if more tFwn on~, and that tt~e word "their" as ufed ~nywhert in this Mort9+ge ahall be tsken to mean "his,•• ••hen;'
w"i»;' wherever the context so implies w admits. Also, fh~t whereva thcre is • r~ferena in tht covena~n and ~yreementi F?erein contained to any oi
the parties hereto, the ssme ~hall b~ constrved w me+n u well ~s tM Min. Ipal representatives, sucuuors ~~d auipm (either volumary by ~ct of th~
parties a invol~mary by oper~~ion of the law) of the same snd th~t the cwenuds Mrein contained sh+ll bind ~nd the bensfits and ~dv~nuyp inw~
to the re~pectiw hein. Ipal representatira. wueuon and ~u~yns of tM partiti hKeta
- Md said Matpapon, iw themselves and their hein, leyal r~pres~nt~tiv~s, svccsuws ~nd auiyns, hsreby jointly and severally cov~naM ~nd ~pr~e
to and with tFyt iaid MORT6AGEE, in successon ~nd ~ui9ns:
1. To p+y all ~nd singvlar tM princip~l and interest u~d thi various ~nd svndry swm of ma+ey payabl~ by vinue of said prom~uory rate, and this
morty~ye. ~ach and ~very, promptly on tFr day~ respectively the sam~ sw~rally becorm dw.
2. To p~y all and se~y~lar tM taxef, aaesw+ienb, I~vie~, lisbilitie~, obliy~tions snd encwnbanccs of evtry n~ture and kind now on said dewib~d
property, w that here~fter may be imposed, suffNed, pl~ced, levied, or aaessed tlxreon, a that hereafte~ may b~ levied a as~ss~ed upon tha AI1o~tp-
pe, a the ird~btedness secured her~by, sach and ewry, whN+ dw and p+yabl~, xcordirg to I~w, befa~ tFxy become delinquent, and b~for~ ~ny intaes~
attaches p any penalry is incwred; AND INSOFAR AS AN THEREOF IS Of RKORD THE SAME SHAII BE PROIVIPTLY SATISFIED AN~ DISCHARGED OF
RKORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUG~ A5, FOR INSTANGF, THE TAX RECEIPT OR THE SATISFACTION PAPER ~OFfIC1AllY ENDORSED
OR CERTIFIEO) SHAII 6E PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER VJIYMENT; snd in the event that any tF~erwf is rw1
paid, ssYsfied and discharyed said MORTGAGEE m+y at any tmro p~y the s+me a any part tharof witFaut waivirg w sffectir~ any oprion, li~n, equiry w
.iqht under w by virtue of this mortya9e and the fuU amount of each and every such payment ihall be immedi~tely due and psy~bk and shall bear inte~at
hom the date therpf uMil paid it rate of nin~ per tentum per annum and topether with futh iMqest sMll be secu~ed by the lien of tF?:s morptpe.
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