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tHIS INDENTURE, N4d~ th~ 4th day of December A.D. 19..~~., betwea+ '
~ Narry H. Schray and Alice B. Schrao. hia wife _
of S~~C e tounly Florida, F?Ktin~h~r desiqn+tad ai the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN
'v ASSOCIA710N OF FORT PIERCE, a torporalion o~~nii~d a~d ~xiitinp ualx IM laws of tM United St~t~s of Art+eric~ and h~vlnp ib principal placs of
busin~ss in ~M Ci~y of Fat PiKU. S~. L~ci~ County, florida, her~in+ha d.slpn+ted +s tF?~ "MORiGAGEE."
WHEREAS ths MORTGAGOR is ivuly k~dsbted to 1h~ MORTGAGEE in the ium of S 2d ~ 400' ~ ~ goot! and lawful money of the Un:ted
Statet advanced by tM MORTGAGEE vnto tM MORTGAGOR, +i avid~nced by a ctrta~n promiuory note of even date herewith, of wh~ch 1he follow+"rp 1~
~words snd figuref is • trv~ copy, to-wit:
24 , 400. 00 r,~,16 ~ 080
~ P~~n, F~~,, December 4 ~y 69 `
\ For valve receiwd, 1, we w eithe~ of us, prom~se to pay, without defslution, to the wder of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF ~
~ t
FORT PIERCE at Fat Pieres, Florida, ths sum of i 2a ~ 4OO with interest from date at the rate of 8• 25% per annum, ir, montl~iy ins~ati- !
~ ments u follows: S 193.0~ p~ iSt11 ~y of March 19.~- and a like sum on the cwrespond~ry day of each month thrre-
after until the whole be fully p~id.
~ Each installment fint ihaU be ~pplied i~ p~ymant of t1w lntsrest u~d then on tfie unpaid bal~nce of the pri~ctpal sum. If default is made in the
payment of sny ii»tallment when due, and such default continues 30 days, then at the option of tM holder, and without +ny other notice, all the remaining '
installments shall be due and payable at once. Privileqe is yiven to prepay fhis nofe in whok or in pa~t af any time without penalty. Neitlxr forebearance, ~
rwr acceptance by the holder thereof after any def~ult in any payments hereon, shal! bs dxmed extcnsion. A late payment charge of s 9• 65 shsll be
~ added to each irotallmem remaining unpaid 7 days ~fter iri dw date, and a like sum shall be added to each such installmeM romaining unpaid 7 days after
esch succeedirg paYment date.
i Esch maker, wroty a~d eodorser hereof, jointty a~d severaNy, waives demar~d, prexatme~t protest and notice of protest for nonpayment, arx! furthcr
~ sgrees ro any extension of time of payment, either before or after maturity, without notice to any of us; a~d to pay all costs of collection, includiny a
y reasonable attorney's fee in the event of any default hereund~r, and hereby severalty wsives aIl benetit of homestead and cxemption under the constitution
~1 and Isws of eath State of the United State~, as agalnst this obligatwn o? ~ny extension a renewal hereoi.
~ Witntss the hand and sea! of eath psrty.
/s/ Harry :i. Schrag
~ (SE/?t)
~ /s/ Alice fi. Schrag ~U
, ' ~l?U
~ 36. 60 t Stars Revenve
~
~ (Samps canctlkd on oriyinal note) 24 400 00
NOW, THEREFORE, the MORTGAGOR fw the purpose of securir?g payment of s~id sum of s ~ ' ,~nd the perfwrr~ance of the
covensna snd sgreEmenti f~ereinsfter expressed, ~nd fw d~ve~s yood and valwble consider~Yrons, iuy these presents, does grsm, barpain, setl, remise,
releau, convey and confism unto the MORTGAGEE, its uxussors ~nd auiyni, sll that certain bt, piep or puoel of land, sit~ate, (ying, and bein~ tn the
cow,ty of St . Luc ie .na state of Fbrid., d~w~bea ~s tol~ovw: ~
Lot 1~8~ Block l, GREENWOOD, as per plat thereof recorded in
Plat Book 11, page 41~ Public Records of St. Gucie County~
F lox i da,
i cG
~ IN F~',•~r•~r nF T4XES
RECE!~'~ S. , ~ E;t Y,
. C~E C:i ..L1SS 'C' lNTAt1Gt8~E E~~~
S.f_ p~ .~i:l -i0 C4i1PT~R 207??. RC 5~~ 15;1.
4J A I U~ I- L(,~ F{ i i3,C~ C•,G-" F01; ~S, Clerk Cirw;t ~c~~
~I ~ z DOCUME(~tTAp~~SIaMP - y ~ . ~ "S
~ =
~~~~;,or _____i l;.( as Age", f^~ ::A,Ilcl N. KNG~1.~ , 1R
~ o _ o~ctr63 : - ~:~.G--=
_ ~
N c~ = 3 6 6 St lucie Caunt-j 1ax Collector
C~PTROILER " ~
~ P.3. ~9o~as ~ o~ gy G
~ = DEPUIY CLERK
toqether with stl snd singular the tensm~o», heredit~menri +nd ~ppurtances tlx~eunto b~lonpi~g w in anywis~ apperttinirg thereto, and ~II r~nn, issws.
proceeds and profi» aoauiny and to accrw from ~aid premises, all of which ue iecluded in the abow ~nd forpoinp deuription ~nd habendum.
TO HAYE AND T ths abov~ dewibed ~nd yr+nted premis~s unto ttw said 1KORTGAGEE, iri svocetson u~d as~iyra for~wt. Md the uid !
MORTGAGOR for heirs, exacutors, adminatrsron ~nd as;iyro, I+~reby eovtnanb with the a~id NWRTGAGEE, its svtcesson ~nd aui~ro,
they are
that lawfully seiza
tQf tI» said premis~s sthe }=pl~, that fh~ same an frw cbar and dischar~ed fran ~II liem and encwr~
txances in law or in eq~ity. ~nd tMf Ae y wil) and 1 hein sh~ll w~rrant ud d~fend tM titb to the s~rn~ to tFw said
MORTGAGEE, its ivccesson u~d assyns, fwever apainst tF» lawful cbims ~nd demands of all persans ~
PROVIDED, ALWAYS tMt if the MORTGACaOR shall pay unto tFw MORTGAGEE tM promissory not~ lureinbefw~ destribed and shall huty, promplfy
and fully perform, discharpe, exacvt~, compkte, canply with ~nd ~bidt by ~ach and wery fhe stipul~tipu, syreements, co~difans ~nd ~venann of said
promi~sory nats and of this Mortyaqe, tl+en tha Morty~pe u~d tM Estate ha~by ae~ted shall ceas~ and be nvll and wid. }
IT IS UNDERSTOO~ tl?~t tlk word "Nbrtyspor" wheti+er in tM sinpulsr or plwal ~nywher~ in this Mortyape, aMll be sir?~~lu if on~ onty and (
shall be plwsl jointly and ~ev~rally if ma~ than one, and th~f tM word "their" s~ wed anywhen In this MortQ~e shall be tsken to mtsn "h'a,•• "hsa••
w"its;' whereva th~ context so implies w~dmits. Abo, that wMrevK tha~ ia a nferance in th. covenann .nd ~reemenn herein conuined ro•Mr of
the p~nies hereto, th~ ~am~ shall be con~t?uad to me~n as well n tfis I+ein, lyal npresent~tives, s~aeuon a+d assipm (~ither volun?ary by ac1 of tF»
psrties or imotunrary by opKation of the law) of tl» sarrM and thar ~M coven•nn Mr•in oo~r•ined shall bi~d and ihe benefin .od advanayes inw~
to the respective Mirs, Ipal represent~tives, succsuws ~nd auFym of tM p+rtas hereto.
Md uid Mortysyas, for tMmsefva a~d tF~ti~ I+sirt, leyal r~prtwntaYrv~s, wcaswn w+d ~uipns, her~by joimty and seve~afly covensnt and apr~t
ro~nd with th~ wid MORTGAGEE, in suuessws ~nd ~uiyru:
1. To pay ~N and sirg~br the principa! and interest u~d th~ wrio~q ~nd sundry sums of mon~y paY+bk by virtw of taid promissory note, and this
m~ortyaye, wd+ ~e~d wary. Pron?PtN on th~ days respactiv~ly th~ sam~ s~wnly b~can~ dw.
2. To p~y all ~nd sa+yvl~r the taxa. ~ssessmena, Iwi~s. liabilitws, oblipatiaq ~rd ~ncwnlxanas of wery n+tur~ and kind now on s+7d dswFb~d
WoP~Y• a th~t hereaftrr may be impaed, suffered, pl~csd, kvied, a au~d fher~on, or thst Mr~aha may be levied a aue~sad vpon thb Mat~-
or th~ M+debtsdneu ~ecu~~d her~by, exh and ~wry, wh~n dw and payabl~, aocordinp to law, b~fwe tlwy becam dslinqwM, and befon ~rry knaest
~ftecF?es w any penalty is irKUrred; AND INSOFAR AS ANIf THEREOf f5 OF RECORD _THE SAME SHA1L 8f AROMP1lY SATISFIED AND DlSCHARGED OF
RfGORO AND THE ORlGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE. 1HE TAX RECEIPT OR THE SATISfAC710N PAPER OFfICIAILY ENDORSE~
OR CERTIFIED) SHAll,BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYAAfNTj u~d in tha QVMf fFMf My fF1NlO{ Ff /l01
paid, sat:ified and diuiurped satd MORiGAGfE m~y ~t any t+me pay tl» ~anr or ~ny part thereof without waivin9 w affectinp any opYwn, 1'~en, puiry or
•iqht under or by virtue of this mort~aye and the full amount of eath ~nd ~very wth paym~nt shall be irtunedistely dw snd payabk and thall bear int~rest
~•om tFro date therw4 uMil paid st rate of nine per centum pN anrn?rt~ and toyether w~th such inrkre~t aFla L bq secwed by the lien of th:s morpt~e.
BOOK1~71 PACE2440
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