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THIS INOENTURE. IW~ th~ 15t21 ~ pf . r'~•19_~~~9i ~„Nn
LeonaYd H. Schilke and Bthel L. sc~+il o~ b~ r~~
of SL• Lt~C~.Q ~ Cp~ry Flp~id~, h~t~{I~t d~sip,Mr~al as tM °MORTGAGOR," and FIRST FE~ERAL SAVINGS AND IOAN
nSSOC1ATiON OF fORT PIERGE. • aorpaation orpantz~d and ~xipinp ur~ tl+~ laws of ths W+ited Sut~s of M~iu and MvL+p iM p~i~cipal plaa of
businus b th~ City of fort Piuo~. St. luci~ Gaw+:}. florid+. Iwei~fta dniaMt~d a tM "MORTGACsEE."
WHERfAS th~ MORTGAGOR i~ jwtly indebnd 1o th~ MQRi~'sA<iEE in tA~ wm of ~ lai ~ yood and lawful morwy of th~ Un~ted
Statq advancsd by tM MORTGA('sE! ~nto th~ MORTGAvOR, ss ~vidN?ced by • certain p?anisw~ry not~ of evM dat~ F?~~~with, of wAich tM foilowinp in
wads and fipurt~ is a trw copy, towit: ,
= 18, SOO.C10 • • , • N, 15~672
t~, l` c. ion Pi~rc+. Fb.id+. Mav 15 l9~_ ot
for v~iw r~ceived, 1, we or ~itha of w, pron?is~ f~o paY. without d~f~lutan, to the o~der of FIRST FEDERAL SAVINGS AND IOAN ASSOCIA?ION OF i
FORi PIfRCE ar Fort Pierce, Flw+da, tM wm of =,~~~QQ ' nrith interesl from da~e at the rate of ~.59L pe~ sonum, in monthly iost~ll-
menn a~ fo!lows: s 172.~~ on th~ _S~ d~y of ~~~X 19~~ and a lilu sum on tM corresFwndinp day of vach mooth thKr
after uotil the whok be fully paid.
Each iratallment fusl ahall be ~ppfied in payment of th~ interest ~nd then oe the ~npaid bslance of 1he prinupsl svm. If def~~h is made in tM
payment af any inftaNment whso due, and sixh defwh continuea 30 d~y~„ thee af the option of the holder, and wiihout ~ny other notic~, all ths remaininp
~na~allmsnb shall be due and payable at wxe. Wivilay~ is qiven 1o pnpay tha not~ in whol~ w in pan at any ume without peoalty. Ncither faebearurce,
nw ~ccapbnc~ by the hoWer thaeof siter ~ny def~ulf i~ anY p~y~nenb hereon, sh~ll be deemed eatension. A I~te payment cMrgs of ~Mll b~
added ro tach insqltment remaining w~pa;d 7 diy~ afts~ Ib dw dat~, and a like sum sl»II bs added to each such initallme~t ~~maioing unpsid 7 days afiar
eath sutteedieg payment dat~.
Each m~ker, swsty and endorter hereof, joi~fly and aever~lly, wsives demar~d, preser,tment pro~est •nd notice of protest for ranpayment, ~nd furthsr
agreea to ~ny ~xtension of tLns of psymer~t, either belor~ w aher maturity, without ratice to any of us; and to pay all costs of collection, includin~ a
reasonable ~tto~neyi fee~i~ the evem of any defauh hereundar, and hereby saveqlly waives all benefit of homestead and exemptan under the constitW'an
and laws of each State of the United Sqtes, ~s apainst this obtigatan or ~ny extension or renewal hereof,
Wit~ess the hand and tesl of each party.
/s/ Leonard H _ Schii s~
cs~?u
/_s/ gthel L _ Sch~lla. ~p
~ 27 . 7 S 1 Stat~ Rew+nw ~U
(Sramps t~npllsd on piQinal nWt)
NOW, THEREFORE, ths MORTGAGOR for th~ pwpoa~ of securinp p~ymem of ssid sum of ; 18~ rN+~ ~ u~d tM per{mn~ncs of ths
coven~nb aod ~greemenq her~i~afte? expressed, u~d for d~wrs popd and vslwbl~ considerations, by these p?ese~ts, iloes grant, barpain, sell, remise,
refease, conwy and confirm unto ths MORTGAGfE, its aaoctsiut and aaipni, a!1 that unain lol, piete a parcel of land, situste, lyin9, u~d bein~ in tM
~a,nty of S t. L uc ie ,.nd S~m of Ftorid., dauibed as foltows:
u~ t
Begin at the NB corner cf Lot 222 in GARpBN CITY P'ARMS ~ W '
a subdivision of Section 5, Towr~shi
p 35 South, Ran g e 40 ~
Bast, as recorded in Plat Book 2, at page 5, in St. "
Lucie County, Florida, public records; theace run South ;=o d ~
a distance of 30 feet for Point of Beginning; thence run _ o
West on a line paralleling the North lin~e of said Lot Z6~ " J
122 to the Bast right of way liae of Angle Road; thence m~ ~ z ~
~N ~ Y J
Sou easterly along the Bast right of ~?ay line of Angle z o
Road a distance of 180 feet, aore or less, to the South Z°~ d ~ x
o~. U t~-
ine of the N 1/2 of above Lot 122; thence Sast to the ~'t ~a ~ ~ ~
Sast line of said Lot 122, thence North to point of be- ~ H" ~ ~ ~ !
gir:ning, excepting the Sast 30 feet of Lot 122 to be used N5° ~ ~ j
for road purposes, and excepting the North 30 feet tbereoig~~ ~ ~ i i
W N ~ ' Q . J
W > > O N +-t s.
~ l~al C ~ ~ rLVi-:It~.a ~00. L m
c~ ~ DOCUMENTA~~:,S1AMP 7'~~X ~
~ z = - _
~ = narta69 - ~ _
N ~ = 2775?
COl~ATROl.L~R „
P.B.~~;,~3g
eop~tFyr witl~ all and urgul~r tlw t~,rwnts, h~r~d'dameny Md appurqnces thtrtunfo b~lorg;,g p(~ any,n,iw app~rtsininp thertb, ud all renta, istuN,
proc..ds and p.ofin acvuieg •nd ro acvw han aaid p~mn.sa, all of which .re indvded in fhe ~bo~w and fu.yoirg d.wiptio~ and Mbsnd~xn.
t0 HAVF ANO TO HOLD tM ~bove d~scrib~d and 9?~nt~d pranisas vnto th~ said 1MOitTGAGEE, iri woceswn and usigns iorow?. Md th~ s~td
MORTGAGOIt for hein. ~xitutors. adminisnatws and ass
t~lell iy~s, hKeby coven~nn with ths ~aid MORTGAGEE, its wccnsws ~nd astipns,
rhar t~Y aY@ lawfully s~iud of tM saW pr~map in fN sirnpl~s that th~ saM an frw, cl~a~ and d'acMrp~d from all lie~a ~nd ~ncunf
brancis in law or in ~qvity. and th~+ they will ~nd their h~in ~!?sll wuwnt and defend tlr titb to the un» b tM wld
MORTGAGEE, in wccessors ~nd assipia, for~vK sp~irpt th~ tawful claims ~nd dem~nck of all p~rso~r~t
PROVfDEC. AlWAYS thN if the MORTCsA('sOR shall pay unM th~ 1NORTG~ACsEE the p~oenFatoiy nof~ Mreinb~for~ dexribed and sh~ll huly, promptly
u~d fu11Y D~?form, d'sdw~. ~x~cvt~, canplN~, eomply with a~d abi~ by rach and ewry tlw stipulaGoro. +pre~nenn, conditioos ud oov~nants d taid
promiswry note ~nd of ef~t Mwtpape, th~n thi~ Mortp~qe ~nd tM Etfst~ haebp aeated shaH ota~ ~nd br null and void.
IT IS UN~ERSTOOD tl+st th~ wwd "Mortyspa" whether in tM sinpyla or plw~l anyvvlwr~ in fl+i: IKortpape, ihal! be s;i?pvl~r if a» only ~nd
sF+all b~ plwd 'pintly aid Mwr~lly if ma~ th~ one, and that tM wad "tMi~" ~s used anywh~r~ io th~ Mortyap~ sh~tl b~ taken to n»an "hi~,•• ••hKS~°
or 'its." wlw~wr tlw connxt w impli~s or admits. Ala, that wiwrewr thK~ h a r~f~r~na in the covan~nn and gr~nents harein coMaiewd a ~ny of
rF» pvtia ha~% the s~nw ~h+ll be com+rued to n?ean as rwll as tl» Mirs„ {ep~l npe~entnivn, succeswn snd usiyro (~ither volu~tary by ~et of th~
p+rti~s a involuntary b~r op~r~tion of th~ t~w) of the sam~ ~nd M»t th~ coveMnq hK~in contaimd sh~ll bind ~nd tM bernfih ~nd ~dv~ntapq iiwrs
ro tM rMp~ctivr Mirs, Ipal reprewe?tdiws, wcqs~ors and p~rqns pf th~ p~rtJp h~r~to,
Md said Maq~pon, fa tlwmwfvrs ~nd tMir h~in~, Ip+l rtpresu?tatirw. ~uccea~on and ~s~iprr. her~by ~ointty and Kva~ly covsn~nt +rd ~K
eo ad with the said MORTGAGEE, its si+oasso?s and ~ssipnr.
1. To pap all and sirgular ti» priecipd and imN~a ~nd ~iN vKiow ~nd sw~dry wms of nwn~r p~Yable by v;nw of ~aW promis~ory ewN, and thi~
mwt~p~. ~~nd w~r1?. P~~^P~h~ d+Ys rapKtiwh the amt aw~aHfr b~caerw dw.
4. To p~r ~il and w+pvlar N» t~x~s. ~a~an~ea. Mvi~a. N~Wliria, oblipstions and ~ecumbr~noes of ewry n~tw~ ~nd kind now on said dMVlb~d
rxopNly, or Nw/ Mnaf+M nwy b~ irnpoNd, wff~r~q, pl+o~d. In?bd. a awsud rl~~on, a thn Iwr~aft~r may b~ Iwied oa aueswd upon d~s
~p~', a rM ~a Ncw~d A~r~bp. ~ and rr~y, wMn dw ~nd p~yable. ~coo~dinp to bw. be(on tMy b~cane deli+qwrN, and b~fot~ anr i~
rntcl~s a anr p~naHy Fi ivKw~ed; AWp INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHAII 6E PROMiiIY SA~ISFIED AND GISCHARGEp Qf
RECORD ANp TNE ORICsINAI OFfIC1Al pOCUMENT (St1CH I?S, FOR ~NSTMICE, THE TAX RECEIPI OR THE SATISfACT10N ~A1ER OFfIC1AlLY ENOORSED ~
OR CERTIFIED) SFIAiI !E PIIlGEO IH iHE 1tANpS QF S/l10 MORiGAGEE W11HlN TEN OAYS NFXT AfiFR ?AYJMENT; ind in th~ wMt d~at aeryr fFwnoi p no~
p+id, s~Ysfi~d and d'aehary~d ~;d MORTGAGEE nwy ~t ~ery tNeK pa~ tfi~ sa~ a any pa~t tlw~eol without w~ivi~g w aff~etinp ~ny opt;on, li~n, puitp or
•~qM vrdM a by vktw of M~b mwtgp~ and th~ fvll ~enowM o1 ~ad~ ~nd ~very wch payrnent ~hall b~ inNnsdi~t~ly dw u~d pa~abl~ ~ed ~MII b~ar intereat
F.an th~ date the~~wf unti! piid ~t rne of nine pN tentum pq ~ew~wn and 1op~tM~ w~th wth if~tMHt flMll bf ucwed M+e Iwn of ti?:s morqtap~.
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