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THIS INDENTURE, Made the 24th day of .~ Ul v - A.D. 19 ~? -between
Elbert H. Hill and Alma B. hill, his ~•:ifs
of St • L UCle County Florida, hereirofte- designated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and existing under the laws of the United Staten of America and having in principal plan of
business In tM City of Forf Piero, S-. facie County, Florida, hereinafter dsiigrotad +s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtly indebted to rite MORTGAGEE in the sum of s 6.5~ • ~ good and lawful money of the United
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, of which the following in
words and figures b a trw copy, to-wit:
4 6.500.00 ~ 15, 8..9
Fort Pierce, Florida, July 2~, Tq 6•~
For valor received, 1, we or either of vs, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of s ff~ 500 • ~ with interest from date at the rate of :2% per annum, in monthly instalb
menu as follows: = 62 • ~ on the 5th d,y of September 19~_ and a like sum on the corresponding day of each month there-
after until the whole be fully paid.
Each installnxnt first shall be applied in payment of the interest and then on the unpaid balance of the principal sum. If default is made in the
payment of any installment when dw, and such default continues 30 days, then at the optron of the holder, and without any other notice, all the remaining
imtallments shall be due and payable at once. Privilege is given ro prepay this note in whole or in part at any time without penalty. Neither forebearance,
nor acceptance by the holder thereof after sny default in any payments hereon, shall be deemed extension. A late payment charge of j • 1 shall br
added to each installment remaining unpaid 7 days after its dw date, and a like sum shall be added to esch such installment remaining unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and furtF.er
agrees to any extensiron of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includinL a
reasonable attorney's fee in the event of any default hereunder, and hereby severalty waives all benefit of homestead and exemption under the constitution
and laws of each State of the United States, ss against this obligation a any extension or renewal hereof.
Witnesa the hand end seal of each party.
/s/ Elbert H. Mill (SEAU
(sEAu
/s/ Alna B. I-iill (SEAq
(BEAU
~ 9.7 5 ~ State Revenw
(Stamps cartoelkd on original note)
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 6 + c ~ • ~ and the performance of fM
covenann and agreemenri hereinafter expreued, end for divers good and valwble considerations, by these presenn, does grant, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or parcel of land, situate, lying, and being in the
County ~ S t . L uC le and State of Fkxida, desuibed as fellows:
Lot 7, '.:i;I~DO'i' S SiJF;ilIVI:iION, as ~~er plat
thereon on file in Plat Boo:: :~, Pale 17,
of rile public recorGS of St. Ltci~ County,
Florida, ~
RECEIVE6 ~ /~ ~~
DUE ON CLASS `C INTANGIBLE PERSCNAL~P.ROPE.RiY,
PllRSUAtfT TO CWIPTER 20724, ACTS OF 1911.
- ROGER POITRAS, Clerk Circuft Court
5 ~ 1 ~/~ i ~ ~ ~ t- t_ U ~ i L: ~1 as Agent fot DI'JilEl N. KNOWIES, JR
v L}.. DOCUMENTAP~STHMP TAX
~ = JU1.28'64 '~'s`~r -" ~ ~ ~ al( COIIeCtOr
o ,.~ .
N (J COMPTROLLER ~ ~~ ~'
pg, leol3g ~`U9.0~----= DEPUTY C1ER)(
together with all and singular the tenemenn, hereditamenn and appurtances thereunto belonging or in anywise appertaining thereto, and all Tenn, issues,
proceeds and profin scuuirg and to acuue from said premises, all of whkft are included in the above and foregoing dssuiption and habendum.
TO HAVE AND TO HOLD the above desaibad and granted premises unto the said MORTGAGEE, in suaessors and auigro forever- And tM said
MORTGAGOR for their heir, executor, administrator and auigro, hereby rbvenann with the aid MORTGAGEE, in succssson and assig%
that they ale lawfully seized of the said premises in fee simple; that the same are free, cleu and discharged from all Hero and encwrt-
brances in law a in equity, and tha* titeY will and tilelr heirs sMll warrens and defend the tAle to the same to tM said
MORTGAGEE, in successors end augro, forever against Ilse lawful cla'wns and demands of all persoro;
PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unro the MORTGAGEE the promissory rare hereinbefore dewibad and shall truly, promptly
and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agraemenn, conditioro and oownann of said
promissory note and of this Mortgage, then this Mortgage and the Estate hereby seated sMll cease and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only and
shall be plwal jointly and severally if more than one, and that the word "their" a used anywhere in this Mortgage shall be taken to mean "his;' "hen;'
a "its,° wherever the context so inr+Plas a admits. Also, tMt wherever there is a reference in the covarsann end agrsemenn herein contained to any of
the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, sucasson and auigro (either voluntary by act of tM
parties or imroluntary by operat'an of the law) of tM same and that the covenartn herein contained slsall bind and the bertefin and sdvaMages inure
to the respective heirs, legal representatives, succeuors and auFgro of the parties hereto.
Ana, said Allortgagors, for tFtemselves and their heir, legal representatives, successors and as:igro, hereby jointly and severally covenant and agree
a and vri~t the said MORTGAGEE, in stxcesson and assigro:
1. To pay all and singular the principal and interest and tM various and sundry sums of mosey paysble by virtw of aid promissory note, and this
mortgage, cads and every. promptly on the days respectively rise same severally become dw.
Z. To pay all and singular the taxes, assessrrtertn, levies, liabilities, obligaYaro end encwnbrarsces of every nature and kind now on said desuibad
property, or that he-NftN may be imposed, suffered, Placed, levied, or assessed thereon, or that hereafter may be levied a assessed upon this Motyg-
age, a tM Ytdebtedness secured hereby, each and every, when dw and WYable, according to law, before they become delinquent, and before any interest
attaches a arty penalty b incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL LIE PROMPTLY SATISFIED AND DISCHARGED Of
RKORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL fiE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
paid, saYsfied and discharged said /MORTGAGEE may at any time pay the same a any part thereof without waiv'trg or affecting any opt'an, lien, equity or
right undo or by virtw of this mortgage and the full amount of each and wery such payment shall bs immediately dw and payable and shall bear interest
srom the date thereof until paid at rate of nine per centum per anrwm t with such interest shall be secured by the lien of this morgtagt.
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