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1'73023
TIIlS lNDFNTURE, Mad~ th~ 13th d,y of December ~~p. 19~~
Willie Gibson and Queen Bster Gibsona hi~ n.ife
of _ St. Z'uCi@ , County Florida, h~ninaha daipn~ted ai tM "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO LOAN 4
ASSOCIATION Of fORT PIERCE, ~ corpaatioe ory~nized u~d axisrinp under tM laws of tM Unittd St~iq of Americ~ ~nd Mvirg its principd pl~ce of
butinas in th~ Clly of Fott Pivp, Sf, Lud~ Co~oty, Florid~, hKtin~h~r dtaipnatd th~ "MORTGAGEE."
WHEREAS tM MORTCaAGOR is ~vtty iod~bt~d to t!w MORTGAGEE i~ tM wm of i:4 ~ 3~~. 00 , yood and lawful maroy of the United
States ~dvanced by ths MORTGAGEE unto th~ MORTGAGOR, as avidenced by a c~tain Fwaniuory ~ote of eve~ date herewi?h, of wh;ch ths foilowinp ie
wadt and fi~urq is ~ trw copy, to-wil:
~ 4,300.00 IS,337
~ P~.. F~«w,. Deceaber 13 19_~$
For val~e received, 1, we a~hMr of us, promiss to pay, without def~lation, to ths wde? of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT VIERCE at fort Pieru, Floricla, the wm of = 4~ 3~• ~ with lmerett (rom date st tAe rats of 1~96 pe~ annum, in monihly instaib
ments ~s iollows: ~ 46• ~ p~ ~he 5th ~y of FebruarX~ ~9_~9and a like sum on tfa corresponding day of eacA month tMrs-
aftsr until ths wFwk be fully paid.
Each inst~llment fint shail b~ applied in p~yme~t of the interest and then on the unpaid balance of 1F~e prinupal sum. If default is made in tFK
payment of s~y initallmem when due, and wch default continves 30 days, then et the option of ihe hotder, ~nd without any other notice, aN the remaine~p
installments sMll be due and payabk at oncs. Privilayt is pive~? ro prepay this note in whole o? in psH at any fime withouf penalty. Neither fwebea~ance,
nor scceptancs by the holder thereof after any default in any payments hereon, shall be deemed extensan. A late paymeot charge of ~~a.~.., sMll b~
added to each in~fallment remaining unpaid 7 days ahp in dw date, and a like ium shall be added to each such installment remaining unpiid 7 days ~hK
eath fvteeeding paYment dats.
Eath maker, wroty and endorser hereof, joiNly and severally, waives dcrosnd, presentment protest and notice of protest fw nonpayme~t, and further
agrees to any extension of Yime of paymeM, eithc? before or after maturity, without notice to any of us; and to pay all costs of coflectiw~, includiny a
reasonable ~ttwney's fee in the event of any default hereunde~, ar~d hereby severally waives all benefit of homestead a~d exemption under the co~slitufio~
and lawt of each State of the United States, as agsinst this obligatwo or any extension or renewsl hereof.
Witness the hand a~d seal of each psrty.
/s/ Willie Gibson ~,y~
(seau
/s/ Queen Bster Gibson ~
r 6.45 ) Stete Revenw ~ ~U
(Stampa cancelkd on oriyinal no~e)
NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of ~aid sum of = 4+ 3~+ ~ , and tM perfamanos of tM
covens~q and ~grecments hereinafter expressed, end fw divers 9ood ar+d vslwble cauideratio~s, by theae presenri, does graM, barpsin, ull, ?emise,
releaae, tonwy and confirm unfo the MORTGAGEE, its sutceswrs ~nd ~uiyns, all thst tertain b1, piece or psrcel of I~nd, situate, iying, sod beinp in ths
Covnry of _ St . Li1C1Q, ~ end State of Fbrida, dewibed ~s follows:
Lots 10 and 12, Block 4, S'~,iNNy ACRBS SUBDIVISION,
according to plat thereof recorded i,n Plat Book
8, Page 25, of the pub2ic records of St. Lucie
County, Flor ida, - 6 U
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1 ~1 ! ~ t-' L C.~ : ~ ~ ~~4ER POI~RAS. ~A~~~ ~
. ~ z DOCUHENTA~ ~STH~'F` ~RS1S M.
o = oEC~r6s ~';'~";-~a~ ~ Agent f0~uc?~ aX CotlectOf ~
y~ ~ = ~~,i ; gt l.ucie Co } 7.
~o~:RTROtLER ~~;r`~ 6 4 5= ~D d~~ c~
p~, ~q,,:g ~ : ~1 o~Y
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togeth~r with all and singulsr the tennnents, hereditsments u~d app~nances /Mreunto bdongin~ a in aoywise appertaieirg Mkvero, and all rte~b, isswa, ~
proceeds and profits ~ccruiny and to xuue from uid premises, atl of whid~ are included in the abov~ ~nd foreyoinp deswiption ar~d habeadum. ~
TO HAVE AND TO HOtD the sbow dewibed a~d granted premises unto ths said MpRTGAGEE, it~ suaesion and assiyr?s forewr. Md th~ said
NtORTGAGOR Tor heirs, executon, administraton and suigr», hereby covensnri witF~ tFie said N10RTGAGEE, its succsssors ~nd assipra.
rhai th~,v ar~, N,~„~i ,e;:ed of the ,~~d
Y premises in fes simple: that th~ same ue free, clear and discharQed from ~II liera a~d ~ncueo-
Mances 1n law or in ~puity, and tM+ thev will and their hein shall w~rrsnt ac~d defend the titk to tM s~rtN to tht wid
MORTGAGEE, its successors ~nd assiprn, faever ayainst tF~e lawful cla'uns and demsndt of all persons;
PROVIDED, AlWAYS th~t if the MORTGAGOR shall pay unto the MORTGACsEE the promissory note hereinbefae described ~nd sh~11 truty, promptly
end fvUy perform. discM~ps, ex~tufe, compkts, comply with ~nd abide by each and every the stipulat~an, ~yreemenq, conditiorn and covanaori of s~id
prom;ssory not~ ~nd of this Mort~eye, then this Mort9ape snd the 6tate her~by ueated ahall ceas~ u~d be null u~d void.
IT 15 UNDERStOOD th~t the word "Mort9~o?" whether in tM sin~ul~r or plural anywhere in this Mwtg~ye, shall M sirgular if on~ only and
sh~ll bs pfural ~ointly u~d sevewlly if more t1~art one and thst the word "tbeir" as uaed anywi~sre in this Mortpa9e sMll bs taken to mean "hh," "hen;'
or "its," wherewr tM conteat w implies or admits. Also, thst wherever there is a reference in th~ covenanb and spreemsnts herein containad to any of
the puties Mreto, th~ s+rne shall b~ comnued to mean as well a~ tAe hein, ky~l r~presentatives, suoces:ors and essiyra (either wolurtfary by aq of tF~e
pania w involuntary by opsraYan of the law) of the s~rne uid that the covenants herein contsined sMll bind a~d t!w b~n~fits and advantpq inure
to ths resp~ctiw Min, lep~l ~epresentatives, wacssors and ~st~9in of the parY~es hsreto.
Md said Mortp~yws, for themselws and th~ir heirs, leyal represeMatives, wocessors and ~sii~m. Ixreby jointly and seva~tty covenant and apr~e
fo and with fht ~+d 1NORTGAGEE, ;n succnson •nd •ugro: ~
1. To pay dl and sin9vlar tM principal and intKest ~nd tM wr'a~s and surwlry sumt of mon~y paYabl~ by virtw of aid promii~ory not~. ~nd thia
mortpap~, each and ~wry. p?omptly on th~ dayt respettivtly tln ~une sewr~lly becane due. ~
Z. To pay all ~~d sinpvlar tha t~xa, usasmenn. Iwas. Itabilities, oblip~tian ~nd encumtxancas of ~very n~tur~ ~nd kind naw on s~id d~scri~d ;
prop~?ty, a?hat iw~eafty rr?~y b~ i~ossd, auf{er~A. P~acad, tevied, a~d thereon, a tMt hereaftK may be lev~ad a as~d ~o~n tl~s Mo~t~-
a tM Ind~bt~dness ~ecund Iweby. ~ad~ ~nd w~ry, wMn dw and p~yabk, accordi~p to law, befwe they becane delinqvsnt, u~d befon u~y i~ta~at
anathes or arryr ptn~lry a Incw~ed; ANL INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6F PROMPTLY SATISFIED AND DISCHARGED OF
RECOR~ AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIAIIY ENOORSEO
OR CERTIPIED) SHALL 8E VLACE~ IN THE HANDS OF SAID MpRTGAGEE WfTHIN TEN OAYS NEXT AfTER PAYIiAENT; and in the eve~t that any thereof is not '
paid, ~at:sfi~d ~nd dischirQed sa:d MORTGAGEE m~y at any time p.y the s.rne a•ey pan thereof without waivin~ or affectinp sny option, I'~en, ~qviry w
•iyM ~nder a by virtw of thit mortysye ~nd the full amovnt of eath and every such payment shsll be immediately dve and psyabk ~nd shall bear inter~st
from the dat~ therto( ~ntil paid at r~te of nine per centvm per annvm t rth s`'`~ ~j~' 11 be secured by the lien of tb:s morytape.
BOOK~~~ PAGE~~I /J
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