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THIS INOENTURE, Mad~ th~ 3rd d~y af /~pr~l A.D. 19 7O bcnwean
Jahn 8. Odom. Jr. and Charlotte A. Odoa, his wile
of S t• L UC i@ Cou~ty florid~, i~treir?~ftN dtsignated ~s tl+e "MOQTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN .
ASSOt1AT10N OF FORT PIERCE, a corporatioe~ orpaniud and ex~itirg u~da IM lavin of tM Unhid S~atN of Americ~ ~nd havi~p in principal placa of
buiineu in 1M City of Fort PiKC~, St. luw Cwrnty, Flo?Wa, her~inafiK daiynattd u tM "MORYGAGEE."
WHEREAS tM MORTGAGOR is j~ntly irxkbted to ths MORTGACaEE in ths tum of ; 10 t~ , good and lawfvl money of the United
Srates adva~ced by the MORTGAGEE unto tM MORTGAGOR, as evid~nced by a c~rtain promissory not~ of even date herewith, of wh~ch the iollowinp in
v.ordi ~nd f' ures is a trw c ±
~g opY, to-wit:
z 10, 300.00 16, 259 ;
~ ~o., ~~?n. F~«,d,. Apsil 3 19 70
Fa value received, 1, we o? either of us, promise to pay, without defalcation, to the o~der of FIRST FFDERAI SAYlNGS AND LOAN ASSOCIATtON OF .
FORT PIERCE at Fpf Pierce, Florida, tha sum of S~~ ~ 3~ with inreres~ from date at the rata of B~7r76 per annum, in monthly install-
r„enrs as follows: j 98 on the lsth day of MaY . 197~ and e like aum on 1he cwrespuxlirg day of each month there- ~
after until the whole be fully p~id. ~ -
Each i~~tallment first sF~all be spplied in payment of the interest a~d then on i':.e unpaid balancs of the principa~ wm. If default is mads In the ~
~ay~neni of any instaltment when due, and such default continues 3p day~, then at the optiw~ of the holder, and without any other notice, all the remai~ing ~
~nstallrrxnts shall be due and wyable at o~ce. P~ivileye is give~ to prepay lhis rate in wholt or in pan at a~y time without penalty. Neither forebearance, '
~or acceptance by the holder thereof after a~y defautt in any payments hereon, shall !~e deemed extension. A late paymc~t charfle of f4'~ shalt be ~
added to each instaltment remaini~g unpaid 7 days aftar its dw dats, sr~d a like sum siwll be added to each such installment rem~ining uopaid 7 days after '
each succeeding paymeM date. ;
Each make?, surety and erKlorser hereof, jointly u?d several!y, waives demand, presentment protest and no~ice of protest for nonpsyment, and fu?ther F
ag.ees to any extensio~ of time of payment, either before w after maturity, without notice fo any of us; and to pay all costs of collection, including ~
re:~sonable attwney i fee in ths event of a~y default hereunder, and F?ereby seve~ally waives all benefit of homestead and exemption undet the constitvtion
;nd laws of each State of ~the United States, as agsir?st this obligation w ~ny extensio~ o~ renewa~ hereof.
Witness the hand and sesl of esch party.
/s/ John B. Odom, Jr. ~U j
/s Charlotte A. Odoa ~u
cs~?u
~ _~.5~45 ~ Stste Rwtnw ~U
(~a~µ-oMC~11~d. ~~ri~iw~1 w~ta..
NOW, THEREFORE, the MORTGAGOR fw the p~rrpose of secv~ing p~yment of ssid wm of = ~0 ~ 3~ , and the performancs of ths
covenanri and a9reements hereinafter expressed, ~nd for divers Qood ~e~d valwble considerations, by these preter~n, does qrant, baryain, setl, remise,
releau, convey and cootirm ~nro the MORiGAGEE, i» succesw~i and assipns, sll that cerbin lot, piece or parcel of lar~d, sitwte, lyinp, and beinp in the
Covny of SL • Lucie ~r?d Stste of florida, eiewibed a~ follows:
i
3
~
£
. _ . _ _ - <
The South 55 feet of Lo~-3~and- the-North- 2s- feet - `
; of Lot 4, Block l~ of WILBI)WE, as per plat thereof =
~ .
' on file in Plat Book 6, page 24, of the public re- ±
i
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cords of St. Lucie County, Florida,'~ ;
~
acC
~,rr`,l'ED ;
- - C::E C~'a ~ IN PfYflftiT OF 7A,CES
W 1 A~ C~ F- r L J~ i~i:a ~ `'~~Sr'C~;~1AE;~G1BlE FE"S;l;.:l P"±fPERiY
PL ~ s~•-
DOCU` • ~ R ~724, A.^,i; Of 19di. ~
j z _ tEVTa ;;~_TST~?~%F~ ~ c,{ F;GG`.; F~I?F.~S, Gierk Circ~~t Ccurt
o APR-7~~a = es ,~er.t fcr D~?:lE~
1+ U _ a~'- s- : ~ "
~ I 5 4 5= Kr~owi~s,1R
~ COMAiPOLL.R ~ ~ ~~Q ~11.'r ~aX GCr~iCttOf
P.B. ~9o~3a ~'~~~a ~ ~ ~
By ~'c+c lc.cP~
~
~eur~
rogether with all and singular tM tenements. I+eredit~menq and ~ppurta~ces fhereunro b~tonpirg or in artywise ~ppertainirg therew, ~nd rsnt~, iswei.
proceeds and profits xcrui~y and to accrw from said pemiset, all of which are included in tlK ~bovs and fw~poin~ dacription ~nd h+bendum.
TO HAVf AND TO F?ptD tM above described snd ~raMed prcmises unto tl~e ~aid MORTGAGEE, its suoceuors eod auipns fprtver. Md th~ said ?
MORTGAGOR fw their ~~n, execvtas, sdmi~istrston and ~uigm, heteby tovenanb with fhe said MORTGAGEE, its suaessws and ~ssip~q, :
rhst thev arg I~wfully seized of the said premises in fN i
~~t that tfk wn~ ue fr~e, ciear and diuharysd from afl liero and ~ncum~ _
brancp in Isw or in equity, and thst they wi11 ~nd their heirs shall wsrrs~t ~nd d~fend fh~ title to the sam~ to tht satd
MORTGAGEE, in auccessors and auiQns, fwever ~y~inst tFw Iawful claims and demands of ~II personsj
PROVtDE~, AtWAYS that if the MORTGAGOR sh+ll psy unto the AhORTGAGEE th~ p?omiswry note F+~reinbefor~ desvibed and sM11 truly, promptly -
and fully perform, diuMrge, execute, compkt~, comply witF~ and ab'~de by esch and every fiw qipulaY~au, ~yreerrnnrs. condiriw~s and oovenanri of ~aid
au
promiswry note and of this Mortysge, then thw 1{M1ortyay~ snd the &tate hersby vut~d shtll tesse and be rwll snd void.
IT IS UNDERSTOOp tkat the word '7Nortyagor" whether in the sinQvlu or plwil snywher~ 1n this Mort9~e, shall be sin9ular if orw only ~nd
si,aH be plwd 'pi~tly and severally if mor~ th~n on~. ~~d that tM word "thair" u~ed anywhen in tha Allo~tyap~ shsll bs taken ro mean "h~,•• •'h~n•• '
w"its," wherever the context so implies or admin. Atso, that wherever thcre is s refercnce in th~ covenants a~d ayrsementt he~an castained !o any of
rhe parties hereto, ti~e same shsll be corutrued to mean as welt as the heirs, lepal represenatives, s~aesaon and ~ssipns (~ither voluntsry by act of tM
pa?ties w involunury by operation of the law) of the sam~ and th~t the cover?~nn Mrein contained sh+ll bi~d and the benafin ~nd adv~ntay~s inw~
ro the respective hein, 1e9a1 representatiws, svccesfws and asi~yns o! th~ put;~s hereto.
Md said Mo?t9aqon, fa them~elws a~d thsir hein. leqal represemstiva, successon a~d suiyns, h~reby jointly and severslly cov~nant ~nd ay~~e
ro ar?d wirh the said MORTGAGEE, its succeswrs ~nd suiqra:
1. To pey ~II and sinpulu the principal and interest and tht v~rious and wndry wna of mon~y paYabl~ by virtue of said promiuwy not~, and this `
mortyaye, e~ch ~nd wery. PrompNy on tht days rsipeet}vdy tFw sam~ stwr~lly become dve. ~
2. To pay ~tl a,+d ~inyulu the tixa, ~ss~ssments. Iwies, liabilitks, oblig+Yans snd ~narmbrancss of every natur~ ~nd kind now on said daaib~d
Property, a tMt hereaRer may b~ ;mpo~ed, suffered, plaeed, bvied, w wessed theraon, or that hereafter m~y b~ lev;sd ur asess~d ~pon this Mo~.
+ge, or the indebtedn~ss secured hereby each ~od fv~ry, wMn dw ~nd paY+ble. +aordinD ro law, befw~ they becan~ d~lirquem, aod befon anp kitKat
attathet or sny penalty is encurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SA1NE SHAII dE PROMPTIY SATISFIEO AND DISCHARGED OF ~
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTtON PAPfR OffICIAIIY ENDORSFD '
OR CERTIFlED) SHALI 8f PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event thst ~ny thereof is not ~
paid, ~at'tfied a~d d:stharged sa:d NIORTGAGEE may at ~ny time pay the same a a~y p~rt the?eof withwit wsivinp w affectinp any option, litn, equ;ty or ~
•~qM ~nder w by virs~re of this mortgage ~nd the full amovnf of each and every ivch p~ym~nt shal! bs immediately dve and p~ysbk ~nd shall bear inte~est ~
irom the date thereof until psid at rate of nine per centum per arn+uml~ lopej~with suc~ipte~hsll bt secured by the lien of th:s morytaye. <
- aooic 1~'~3 PACE ~.6 '
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