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?HIS INDENTUR Ma~ t Sth day ` F~?u~ly~ A.D. 19
69y betwsM?
~am~s . eaqan an~ Mar e J. Reagsn, his wife
af St. Z.l1C~e ~ County Fbrida, 1Nr~in~hN dtsipn~ted ~s 1h~ "MORTGAGOR," and fIRST fEDfRAI SAYINGS AND IOAN
ASSOCIATIOH OF FOR? PIERCE, a oo.porafion a~paniud and ~xistinp ~rnda tM laws ot th~ Unit~d St~~~s of Arn~k~ and Mv'ug iri pri~clpal pl~u of
bu~in~ss tn rh~ Ci~y of fwt Pi~.a. St. luci~ Cowity. flaid+. hersinah~r d~sipnat~d a tM "6 ~ 2~~C. ~ t
WHEREAS th~ MORTGAGOR b~wtly ind~bt~d to tiw MORTGAGEE in tM ~um of = . good and tawfut money ot the United 4
Stet~s advanced by tM MOQTGAGEE ~nto tM MORTGAGOR, a~ evkla~ced by a cafain prornissor~r note of ewn date herewith, of which the (ol:owi~+p in ;
W 6~2
rSU.~a i~ a trw ccPr. to-wi~:
; + ~_15,432
~ P~. F~~, February 5 ~~i9
For valw receiwd, 1, we ot either of us, promise to p~y, without def~lc~tia+, to tM wder of FIRST fEDERAI SAVIM~'sS AND LOAN I?SSOCIATION Of
FORT PIERCE at Fort Pieres Florida, the wm of = 6, 250. ~ w~th interesf from date ai the ~ate of 7• 25l(, pa +nnwn, in monthly inttalF-
ments as follows: ~58• ~ ~ tM 5th ~y of April r 19 69 ar?d s lik~ sum on the correspaxlinp d+y of each month Nverr
aftet until the vrhol~ bs fully paid.
Eath instalimeM fint shall be spplied in payment of ths inlerest srx! the~? on the unpaid bal~nce of the principal sum. If default is mide in the
paymenl of any inat~llment wher? d:re, and such defauit contin~res 30 d~ys, then ~r the optan of the holde~, and without any o?her norice, all the ie~nainirg
;nstallments si?all be due a~d p~yable at oncs. Privi{ey~ is ~iven ro praprY this oote in wholt or in part at ~ny time without penaly. tJeithcr oreD'~yr~nye,
nw scceptu+ca by the holder lhereof after sny default in any payments hereon, shall be deemcd extension. A late payment cl»rge of = 2' 9~ . sh~ll b~
added to each irotallment remaioinp unpaid.7 days after in dw daa, u~d • iike sum shaN be added ro each such insta!lment remaininp unpaid 7 days aher
each wctsedirp payment date. -
E+ch rrNka, surey ~nd endorser hereof, joiNly and severally, w~ives demand, presentme~t protest and notice of protest fw nonpayment, and furthe~
ag.ees fo any extemion of time of psyment, either befors or afte~ maturity, without ~otice to any of us; and to pay atl costs of collection, includ;ny a
reasonabk attorney's fte in the ~vaet of any default hereunder, and he~eby severally waives all benefit of homestead and exemption unde? tht constitution
and laws of e~ch State of the United States, as against this obliyatan or ~ny extension w renewal hereof.
Witness the hsnd and seal of each pa?ty.
/s/ James J. Reagan ~
s Mazie J. Resgan ~
(s~?U
9 . 45 (s~?U
~ ~ Stat~ Revenw
(St+mpa unalled on wipinal note)
NOW, THEREFORE, ths MORTGAGOR for the purpo~s oi secvrinp p~y~nent of sak! sum of 3 6? 2~' ~ and tM performance of th~
coveewnb and ayreemenn hereinafter expressed, ~nd fw dvers yaod and valwbk coniideratioos, by these presents, does grant, baryai~, sell, rem]se,
release, conwy and confirm unto the 1NORTGAGEF. its succeuas and suigns, •II that certain bt, piap or parcel of land, aitvare, lyir~y, and beitg tn t!a
~ St. LuC~@ ~~ets of Fiorid~, d~wibed a~ !ollows:
Lot 5, Block 1, FIEETWOOD ACRES, according to the
i
plat thereof as recorded in Plat Book 10 at page 78,
Public Records of St. Lucie County, Florida,~
~,1~ • S d IN PAYI~Ip~IT pF TAXES -
P'i:r?.i::A1TC Tup~~APT~R
~724 P~NAI. pf~~i
f'JG=R P01~~. C{erk Circuit Court ~ I9a1.
as Ager.; i~r CfiF;1El N. KRO
STA-(-t oF 1- L U f~t I UA ~ st tucn coa,. ~R ~
~ z ~OCUMENTAo~ 'fAMP TAX aX ~oltector
F U _ FE6-TSS °f~;. ~ ~ gy ~ c~~ c/ ~
~o~~ _ ~ ~
y ' Y- ~945~ ~
p~ 19~138 ~
i
toyether with ~II snd urgulu the t~nemenb, her~tama?b and ~ppurNnces tF~eunro belonping a in anyvvise sppert~ininp thereb, and all renb, i~suar
proc~eds ~nd profin ~ccruinp a~d to acvw from said psmises. ~II of which ~re inc)uded In t!K abow and forpanp desuiptan and h~berKkrn4
TO HAVE ANDtTRe~o above described srid y~~ntsd psmises unto the said MORTGAGEE, ita waessors and assyra fo?~va. Md tM s~ld
I4tORTGAGOR {ot hsin, executan, administntors and auiprq, her~by coven~nis with the s~id MOR7GAGEE, its wuessors ~nd qsipro,
they al'@ N pr~~yp ~ fe~ s lei that tlr sanw u~ frN, clNr and discFw
rhar lawful seized of the said imp rped from all 1'~era and ~ncvm.
branus lo Isw w in ~quity. ~nd thsr they will ~nd their hein snall wursnt ~nd defend th~ titb to th~ s~ so tiw s~id
MORTGACsEE, its suocesso~s u~d assgns, forever ayairut th~ lawful claims and demands of all penwis;
PROVIDED, ALWAYS tMt ff the MORTGAGOR shall pay unro tM MORTGAGEE tM promistory not~ hereinbefore deru;bed and shali nul~, pomptly
ar+d fully psrform, d'ad~+~ps, exewte, complete, comply with and abide by e+ch ~nd ev~ry the atipulstions, spreerrKnb, conditiaa and oown~nb of said
promissory rw» and of this Mort9ap~, tMn this Mortyap~ ~nd tFK Estate ha~by aatd ah~ll css~ u~d be null and void.
IT IS UNDERSTOOD that tFM word "Mortpagw" whether in tFw sinp~lu w plwal anywhere in this Mwt~aye, shall be sirgulv if on~ only and
shall b~ ptwal jdntly and sewrally if mwe thae on~, and tMf tM word "thrir" u used anywhere in tha Mortyaye shall be t~ken to me~n •'his,•• •'h~rs••
w••its wher~ver th~ cont~xt w implies w admits. /1bo, tMt whe~ever fhcre is a r~ferencs i~ tt~e toven~nts and s~raemenb herein oontained to any of
tFw p~rti~s hKeto. tf~ sam~ iMll be c«uNued to r~an ss well u tM heirs, leyd ~~presentativ+es, succeuon ~nd assgro (~ither vduntsry by ~et of tl~
pa.ti~s a involuntary by operatiw~ of the law) of th~ sam~ u~d thst ths covenanb her~in coroain~d shall bind ~nd tF» benefib ~nd advantapa inun
ro rh~ nsp.criw Min. I~al npr~er?tarives, w«esson snd au:~ns ef tF~e puti~s henta
Md said Mwtyayors, fw themsslws and their hein. lepal npr~ematiws, suocss~ors and usipns, hereby jointfy arrd sevaa!!y covsnaat and ayrs~
ro and with the said MORTGAGFE, its suocesson and sssigro:
1. To p~y ~II u~d sinyulu th~ principal ~nd interest and the vuian md sundry swns of monty paYabi~ by virtw o! said pramisswy not~, and thq
mortyap~, ~ath and w~rY. P~~Ptly on th~ days rppattively th~ sarr» sev~rally bacorrr dw.
2. To p~y all and si~gvlar the taxa, askaxMnts. Iwiss, li~biliti~s, oblip~tiau and ~nc~mbrar~ oi ~very rMrur~ snd kind raw on aaid dexrl~d
W~h, a tiiat Mreaft~r may b~ knpo~ed, wffered pl~ad, levid, w a~sessed therson, a that henaft~ may b~ levied a asses~ed upon t!~ N1orp-
a tM ir~bt~dnea ~nrnd Mreby, exh and ~wry, wMn dw a+d payabl~. +oco?dinD w law, befwe tMy becane delinquem, and Mfor~ a+y ima~st
attath~s or any p~naky is inturred; AND INSOf/tR AS ANY THfREOF IS OF RKORD THE SAME SHALL 6E PROMPTLY SATISf1ED AND DISCHARGED OF
RKORD AND THE ORIGINAL OfFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPt OR THE SATISFACTION PAFER OffIC1AlLY ENDORSED s
OR CERTIFIED) SIiALL dE PIACED IN THE HANDS OF SAIp Al1pRTGAGEE WITHIN TfN DAYS NEXT AFTER ~AY1NENi; and :n the event that any tiKteoi i~ rw~
paid, iat'sfied and dbcbarp~d se:d MORTGAGEE may at ~ny tim~ p~y tM same w any psrt thereof witFaut waivinp or afiectirg sny option, lien, eqvity or ~
•~pht und~r a by virtw of this mortyage aed th~ fvll amovnt of ~ach and wery such paym~m shsll be imrnediately due and pay~ble and shall bex inter~st ~
~.om tM dab ther~of ~ntil paid +t r~te of ~in~ per esntum pK'~""~~° ether ~ nfaest shaU bs tecured by the lien of th:s morpta~e.
dQ0~i1 ~V f'~~~~~
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