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186~U2
THIS INOENTURE, Nlad~ tFie 'Sth d,y of November ad ~y 69 ~ betW~~
Lawrence F. i•~orris and ~ithel rf. ~:orris, his wife,
of st. LUC1@ C~~ry Florida, hNei~aftK detignattd s~ the "MORTGAGOR," snd FfRST FEUERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PiERCE, • corpwat~on apani:ed and existinp u~de~ th~ laws of tM U~ited Stat~s of M»~ica ~n6 havin9 i» principai pisce of
busineu in tFM City of Fort Pierc~, St. luci~ Couny. florida, hereinaft~r desipnat~d as tM "MORTGAGEE."
WHEREAS tM MORTGAGOR q jvitty indebtsd to th~ MORTGAGEE i~ the sum of ~ 3~ 7Qi7• , good and lewful mo~ey ot the Un~ted
Sratei advanced by the MORTGAGEE unto ths 1rWRTGAGOR, si ?videnced by • certai~ promiuory note of even date herewith, of wh:ch the fo~lowing in
wordi ~nd figures it a trv~ copy, to-wit: ~
~ 3,700.00 ' ~ 16,065 `
~ P~n F~~, November 25, 19 69
For value received, 1, we or eithe~ of ui, promise to pay, without defalcatio~, to the order of FIRST fEUERAI SAYINGS AND LOAN ASSOCIATION OF
F~RT PIERCE a! fwt Pierce, Fbrida, the sum of ~3 ~ 70(). n0 W;th imerest from date at the rate ef8 • 25% per an~um, in monthly insta~l-
;r.ents ss follows: ;~1 15th d~y of January ~~9 7O and a like s~m on the caresponding day of each month there-
aiter until the whole bs fully paid.
Eath installmertt first shall b~ applied in payment of ths interest and then on the unpaid balance of the principal sum. tf default is made in the
payr»en! of any instatlment when due, and such default contin~es 30 d~ys, then af the option of the ho!der, and without any other notice, all the remaining
~~staltments shall be due and payable at once. Privilege is given to Frep+y thii note in whole or in part at any time w+thout penalty. Neither forebearaoce,
nor acceptance by the holder thereof afte~ sny default i~ any payments hcreon, shafl be deemed extension. A tate paymenr charge of t 2• O5 shall be ~
added to each installment remaining unpa;d 7 d~ys afte? ib due date, and a like ~um shall be added to each such inatallment remaining unpaid 7 days after
each succeeding payment date.
Each msker, surety and endaser hereof, jamly snd severally, waives demand, p~esentment protest and no~ice of protest fa nonpayment, and further
a~rees to any extensan of time of payment, eifher before o~ after maturity, without notice to any of us; and to pay all costs of collection, including a
reasonable attorney's fee in the event of any default Fxreunder, and hereby severally waives all benefit of homestead and exemption under the constilut'an
and laws of each State of the United States, as against this o6iigation or any extension or renewal hereof. ~
Witnesi the hand and seal of each party.
S/ Lawrence F. ~forris ~Ai~
cs~?u
S Gthel TI. Morris ~u
$ 5. S5 i State Revenw «U
(S;amps cancelled on original note)
NOW, iHEREFORE, the MORTGAGOR for ths purpose of securinp payment of ~aid sum of = 3 t 700. OO , and the performance of the
covenants snd sgreements hereinafter e~epressed, and fw diven yood and vatwbf~ considentions, by these presents, does grant, bar~ain, sell, rem;x,
relea~e, convey ar~d confirm unto the MORTGAGEE, iri succeuors and auiyni, all tFwt oertain {ot, piece or pucel of land, situate, lying, and beinp in the
~ounry of 5t. LuCie and State of Plorid~, desvibed follows:
Lot 7, Block 3, :~!I:.E E,'1D SUBDIVISIUN, as per ~1~-~t thereof on file in Plzt Book 4,
~ane 10, PuUlic Records of St. Lucie County, Florida,
~ ~jl~ O
~ RfCElV~~ IN PA7MF"!T OF TAXES
DUE ON Ct,:,SS •r~ C:tk'~GiBLE PERSC.~41L P:tOP~4TY,
v~ l~ f` f._ V' + y: ~ PtiFSi:l,'V: i0 CFiAPTcR 20124, ACTS OF 1541. 7
~ ~ DQCUNENTnr j~;r•~~ i ,aY
~ z - _ ~_f;;--
Fac~s rci~P,as, c~&k c~,~~?t r~~?t ~
~ = G~~:-a~6~ sr;~,_::.:~.~- ~ as A°
o = ,:L 5 J~_ bent fo? DANIEL N. KI~l~;YLFS, !R
~ U = > -
N co:~aiRCLLER - St Lu~ie Couc t
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P.B. ~so>>a _ _
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DEPiItt CLER1~ i
togNher with all snd singulu the tenements, hereditaments ~nd ~ppurtances thtre~xfto belonyinp or in anywise sppert~ininp therefo, and all rents, iuws.
proceeds ~nd prof~ts xc?uing and to acuve from said premises, all of wFiKh ue inclvded in ths ~bov~ and fweqoinp desaiption ~nd hab~ndwn.
TO HAYE AND TO HOID tF~e above deuribed and q~~nted premises ~MO the said MORTGAGEE, ib s~ccsssors u~d ~uigns fwever. And tM said
their
MORTGAGOR fw hein, e:ecutws, ~dministralon and suiyns, hereby tovenanb with the said MORTGAGEE, ifs successws ~nd ~stipro,
that they are ~s,~.r~u .e~:~d of ~h. ~~d
y pranises in fee simple; th~t tM sarrN ~re frw, clcar ~nd dixMryed from all liens and ~ncwrr
brances in law a in equity. ~nd thst thEy will ~nd th~l= heirs sMll w~rrant and dsfend t~e tiNe to the ssrtw to tbt a~id
MORTGAGEE, irs succeuors u~d suiyns, forever agaimt th~ lawful cliuns ~nd derrwnds of all persons;
PRO`/IDED, ALWAYS th~t if the MORTGAGOR ahsll p~y unto the MORTGAGEE the promiuory note hereinbefore detcribed u+d ahall truly, promptly
and fully perform, discherge, execute, compkte, comply with and ~bide by e+cF~ and ~very the stipul~tiom, ayreeme~ts, conditans and covenanb of said
promissdy rafe and of this Mwtyage, then this AAortgape and the Est~te hereby ve+ted shal) uase ~nd be rwll u~d void.
!T IS UNDERSTOOp tFwt ths wwd "Mwtps~or" whether i~ the sinyular or plwal ~nywMers in this AAortga9e, sMll be sinpular if one only ~nd
shall be plural joiMly and severally if mon tl+an on~, ~nd that the word "their" ~s used snywhtre in this Morl9sye shall be tatcen to mean "his," "hen;'
or "its," wherever the context w impties w admits. Also, thst whaever there is i nferenc~ in the covenants and ~yreements herein contsined to sny of
rhe p~?ties hareto, the sarrw ahsll be comtrued to mea~ aa well u tM F~ein, Ipal rp~escnt~tives, succ~sson and assiyro (eithar vol~~tary by ~ct of tM
parties w invduntary by operation of the law) of the same and that the coven~nn htrein cont~ined shall bir?d ~rd the banefih and adwnlaQes kwr~
ro the respectiv~ heirs, ley+l repreunatives, succeuors ~nd ass~yra of the psrties hereto.
And said Mwtyayon, for themselva and their he'us, leyal rtpresent~tiva. tucceuon ~nd assiyns, hereby jointly and aeverally ~ovenam and apne `
ro and with the faid MORTGAGEE, in i~ccessa~ •nd suiyro:
1. To p~y all and sirgular th~ principal and interest and tt~s vuiws ~nd wrdry wms of money paYabls by virtue of asid promissory not~, u~d tbis
mortpaps, each and er~ry, promptly on tM days respectively tlk sam~ wwrally beca+N dw.
2. To psy ~11 ~r+d sinyular the t~xes. ~uesunents. l~vies, liabilities, oblipitian ~nd encumbr~nus of every naturo ~nd kind now o~ said described
P~o~?Y, w that here+it~r may be ;mpos~d, suffaed, plated. I~v;ed, or ~ssesrtd thereon, a tiwt here~fter m~y bs tevrcd or usessed upon thi~ MwtQ-
aqe, a fhe ind~btedncu iecured 1»~~by, ~ad~ and every, wh~n dw ~nd pay~bl~. ~ccordirg to law. befa~ th~y become delinquent, and befw~ anr intu~s~
anaches w ~ny penalty is inttnred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED ANO DISCHARGEp pF
RECORD ANO THE OR(GINAL OfFfC1Al OOCUMENT (SUCH A5, fOR INSTANCE, iHE 7AX RKEIPT OR THE SATISfACTION PAPER OfFIC1AllY ENDORSED
OR CERTIFtED) SHAIL BE PLACED IN 7HE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; +nd in the event that any thereof is not
paid, tat'sfied and discharged sa:d MORTGAGEE may ~t any time p~y the iame or any pan tfkreof withovt waiviny or affectinp any optart, lier~, eqvity or i
•+Ght vnder a by virtve ot this mortQspe and the full amount of e~ch and every such p~yment ih~ll be immediate~y dve and payable and shsll bear interest ~
~•om the date thereof until paid at rate of ~ine per cent~m per •nnum and toyether with s~ch interest sMll be secured by the lien of th:s mor~t~.
aoox 1~1 ~~E1255