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?HIS INpENTURE, M+d~ the ~th day of January r' A.D. 19
7O beMre~r?
Jefferson W. Mitchell~ Jr snd Ruth ice Mit~eil~ hj~.ife ~
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of St. j.t1C1@ Covnty Flor~da, hereinafter desiynared as tMe "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF fORT PIERGE, ~ corpwatio~ oryanisad and exi~tirg under Ihe laws of` Ihe United Stat~t of Ameriu a~d Mving ib principal plr~ of ~
buue?ess b tM City of Fo?t PiKp, St. lucla Gountv. Flotida, hgreinaft~r desiynated ai fM "MORTGAGEE:'
i~ ~1(7(~•~ and Iawfui monc oi the Un;ted +
WHEREAS th~ MORTGAGOR is justly indebted to the MORTGAGEE in the svm of = 1 , good Y ~
States ~dvanced b~ MORTGAGEE unto tM MORTGAGOR, as evidenced by a certain promissory note of even da~e herewith, of which the foltowin~ in
word~ and fgwes is s trw copY, towit:
s 13,600.00 ~ 16,141
Fort Pierce. Fia~d,. January 7 19 70 ~
For valw received, 1, we w eifher of us, promise to pay, without defalca~ion, ~o ~he orcie~ of FtRST iCOERAI SAVIR'C3S °S~^_~'-".: nc _
FORT PIERCE st Fat Pierce, Flwida, the wm of S 13~~~- w;th i~~terest frcm d6?a at the rate o~r1% per annum, in moNhly install-
~nrnts u(ollows: S 116.~ on t4a ~2~day af __~bZl1~X3i.____. 19__~_ a~d a Iike sum on the corresponding day of each month therr
after until the whole be tully paid.
EKh installment firat shall be applied in payment of the interest and then on the unp~id balence of the princ~pal sum. If default is made in the
payment of a~y instatlment when due, ar+d such default continues 30 days, then at the op~~on of fhe holder, an-1 wiehout any other notice, alt the remsin~ng
installments shall be due and payable at once. P~ivilege is given to prepay this note in whole w in part at any time wilhout penaity, Neiiher forebearatxe,
nor xceptsnce by the holder thereof aftn any default in any payments hereon, shall be deemed extension. A Iste payment charge of S 5• 8O sha~~ bs
edded to each installment remaining unpaid 7 days after its due data, asid ~ tike wm shall be addrd to each s~xh installment rcmaining unpaid 7 days aftet
each a~cceadir.~ payment date.
Eacl~ maker, surery ~nd endwse~ hereof, jo7ntly and severelly, wsives demand, p+esenfinent prote:t and notice of protest fw nonpayment, and furtfier
agreea to ~ny ~xtensan of time of payment, ei~her before or after matur~ty, wirhout notice to any of us; and to pay all costs of collection, includ~ng a
reasonabk attwney i fee in the evcnt of any default hereundtr, and he~eby severally waives al! benefit of homestead and exemption under ths tonstitut'an !
and laws of each State of 1F+e United States, as againit this obliga?ion or any extension or renewst hereof,
Witness the hand and seal of each party.
_ - _ _ _ _ 1s Jefferson W i ~ay _ ~
~~a
/s/ Ruth Rice Mitchell ~
_ (s~W
~ 20.40 t Stste Revenw
NOW, 7HEREFORE, the MORTGAGOR fw the purpose of securing payment of sa~d sum of f 1'j ~ 6~• ~ , and the pc~fwmance of the
covenanq and sgreement~ hereinafter ex{xeued, and (w dive~s good u~d valusble cons7derations, by these p?esents, does graM, barqsin, sell, remise,
release, convey ud confirm unto the MORTGAGEE, iri successws and ~ssigns, atl 1F~at certain lot, piece or parcel of land, sifuate, lying, and beirg in ths
Counfy of St . i"uCie and State of Fiorida, desuibed ~s follows:
Lot 8, Block 6, CORAL COVB B6ACH SUBDIVISION, as per plat - ~
~
thereof recorded in Plat Book 11, pages 30-A and 30-8,
Public Records of St. Lucie Couaty, Florida,
AIm ALSO the West 10 feet of vacated alley adjoininq east
;
boundary line of said Lot 8,~
` y0
F ~~~[n~cn L~ IN PAvNFHT Ac TA~(~
L''c' C:= ^L'1:,5 'C INTlWGIBLE =E''9('t1111 PitO'EZiY.
€ P: _:..1::~ iQ f.HAP'T.:~7 2072t, ACt3 OF 1941.
~ f ~ PCI: F.I+S, Ckri~ Circu;t t,burt t~ c~., 1 t~ ~:r t- i, V?-t t.-:
` OCUMENTA.~~_~~':~;~~~:~~
as Rgc.:t for QMiIEI M. KNOWIES, 1R U
~ St lucie Coual~r Ta~c Colledor _ ~a~+-9~~~ ::L-;.~ ~ Q 4 0~ ~
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gy ~~ylc N c.~ ~ a
~ coµaTao~~ ~
~ _ . . . o~ttY c~.~nc pB.190138 . . . . . - •
~ rogethe~ with all sr?d ~ingvlu the te~ments, hered~tamenn snd appurt+nces thereu~to belonging or in ~nywae ~ppMainirg tl~erefo. ~nd aU renn, iuws,
~ proceeds ~nd profits accrving snd to accrve from said premius, all of which ue included in the above and foregoinp description snd habendwn.
~ ?O HAVE AND TO HOID the sbove described and gnnted premises unto the said NIORTGAGEE, in suaessors ~nd sssigin forewr. Md tM isid ,
~ MORTGAGOR fo? t~lr F+eia, e:ecuton, sdministrators arxi auigru, hereby tovenanri with the said MORTCaAGEE, its sucoessws and auigro, .
~ rhat they aI@ ' ~~ully seized of the said premises in fee simple: thst the ssme are free, ck~r ~nd dischar~eed from all liem and ~ncwo- ~
bronces in law a in equity, and thae they W~~~ their heirs shaU wsrrant ~nd defend the title to tl+~ sarn~ ro the ~aid
MORTGAGEE, its wccessors u~d auigru, forever syainst the lawful daims snd demands of all persons;
> PROVIDED, AlWAYS that ff the MORTGAGOR thsll pay unro the MORTGAGEE the promissory note heteinbefwe dtstribed and sh~ll truty, promptfy
and fully perform, dis~+?gs, execute, oompkte, comply with a~d ~bide by cuh and every the stipvlations, sgrcemenn, conditiom ~nd toven~nls of ssid ~
~ promisswy note ~nd of this Mortgaye, then tha Mortgage s~d the Estate hereby uested shsll cease snd be null and wid. ~
' IT IS UN~ERSTOOD th~t the word "Mort9sgor" whether in the singular or plursl anywhem in this 1Norty~ge, shsll b~ sirgula if on~ only ~nd ~
~ shali be plw~l jointly ~nd sever~lly if more th~n one, snd thst the word "their" as used +nywherc in tha Mortgage sh~ll b~ faken to mtan "his,•• "htn••
i or "iri;' wherever 1M tontext w implies w+dmits. Also, that wherever there is a reference tn tht covenants snd sgreemenri her~in contained to any of - j
= rhe puties hereto, th~ ~me shall be construed ro mean +s well as the heirs, leyal repteser?tatives, waeuon snd sui9ro (either vol~Mary by ~cf of the {
F psrti~s w involuntsry by operation of the law) of the sune and that the covenants herein co~uioed sh~ll bind and tFk benefin ~nd advant~yes irwn ~
" to ti+e respectiw hein, kg~l representatives, succeuors and su°gns of the parties hereto. •
K Md said Mwtyagors, for themselves and their hein, leyal representativa, succestas s~d auigns, hereby jointly and severally covtnsnt and ayree
n
ro and with th~ s~id MOR7GAGEE, ib svccessors s~d auigg~n:
; 1. To pay dl and sirgulu the principal and interest and the v~rious and sundry wrta of money paYabk by virtue of said promiswry note, and this
~ mort~~e, each aod ~very, promptly on the days respectively the ssme severally become due.
~ 2. To pay dl ~nd siny~rlar the taxes. ~~sessmenri, kvies, liabilities, obfigations and encvmbr+nces of every nature and ki~d now on said dew~d
property, w that hereafier may b~ 'snposed, wffered, placed, kvied, or as~sssed thereon, w that here~fter may b~ levied or aiessed upon this Morq-
+9e, a tlw ind~btedness iccwed hereby. exh ~nd ~v~ry, when due and psysble, accordiny ro law, befor~ tf~ey become delinqwnt, ~nd befor~ any Mme~t
~ aftaches w any penalty is incwred; AND IN~OFAR AS ANY THEREOF IS OF RKORD 1HE SAME SHAIL 8E PROMPTIY SATISFIEO AND DISCHARGED OF
y~ REGORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICtAIIY ENDORSfO
~ OR CERTIFIED) SHALL BE PLACED IN 1HE MANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAYMENT; ~nd in the eveM tlut sny thaeof i~ not
~ paid, sat:sfied ~nd distharged said 1NORTGAGEE msy at any time pay the same w sny paA thereof withovt waivirq or af(ecti~p any option, lien, equity or
~~qht under a by virtue of tha mortgage snd the full amount of each and every s~ch psymenf shall be immediately due and payabk snd shall bear inferest
' ~rom the date thereof until paid at wte of nloe per centum per annum and togdher whh such interest shall be secured by the lien of th:s mor9tay~.
~ ~j J~
~ BDOK ~D~ PA~ ~ ~,l
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