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THIS INDENTURE, IM~di the lst day of ~~C ~ A.D. 19~~ betwae~
William J. Bjake and Pegay L. Nlake. h~s wife,
of SL• LL1C~@ Cqi~~y Florid~, hereinaftsr dtsignated a~ the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSpC1AT10N OF FORT P~ER~E, • co~poration pg+nized and exi?firg uoda tM laws of tMs United Stat~s of Arr?~riu a~d haviny ib principal pl~cs of
businss~ in tM City of Fort Pierc~, St. luci~ tounty, Fbrida, Mreinah~r d~sipru+d as tt?~ "MORTGAGEE."
WHEREAS tM MORTGAGOR is j~itly intlebted to tM MORTGAGEE in tha sum of { 8~0~• ~ good and lswful money of the Un~ted
Statcs advanced by the MORTGAGEE unto tM MORTGAGOR, as evide~csJ by a certain pr~miuory note of eve~ date herewith, of whitl? tM foll~wir?~ in
wads and figuret is a 1rw copy, to-wit:
s g~~• ~ r,~, 16 298
Fort aFerce. Fk.~d,, Mav 1~ ~y 7U !
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fo? vatue received, 1, we w either of vs, promise to pay, will+out defelcafion, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF =
FORi PIERCE ar fat Pie~ce, Flaids, the sum of s 8~~0~ ~ with interrst from date at the rate of 8~ 75/, per annum, in monthly install- ~
ments as fotiows: ; 9O~ ~ pn the 15Lh day of J~4.__, 19 7O and a like ium on the cw~espa?ding day of each month there-
after until the whole be fully paid.
Each installme~t first shall be applied in paymcnt of the intcrest ~nd then on the unpaid balsnce of the principal sum. If defa~lt it mads In ths
payment of any insrallment when due, snd such default continuei 30 days, then at the option of the holder, and without any othcr notice, all tFx remaining
~nstallrn~nts shall be due and payable at once. P~ivilega is given to prepay ihis nole in whole or in part at any time without penatty. Neither forebearance,
nor acceptance by the holder thereof after any default in any paymen!s hereon, shall be deemed extension. A late payme~t cMrge of s 4~ SO , shall be ~
added to each instailment remaining unpaid 7 days eft~r in dw date, and a like sum sha~l be added to each such installmant remaining unpaid 7 days afte? i
each svcceedirg payment date. ?
Each maker, su~ety and endorser hereof, joiNly a~d aeverally, waives demand, presentment protest and notice of protest for nor+payment, and further '
a9rees fo any exte~sion of time of payment, either before a after matu~ity, without notice to any of us; and to pay all coats of colleaion, i~cluding a
reasonable attorney's fee in the event oi any default Fiereunde?, and hereby severally waives all bene4it of homestead and exemption under the constituCan !
and laws of each S~ate of the United States, as against this obligation or ~ny e~tension o~ renewal hereof. f
Witncss the hand s~d sesl of each pany. 7
S/ ?~illiam J. Blake ~Au
S/ Peggy L. Blake ~u
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NOW, 7HEREFORE, the MORTGAGOR for ths purpose of secv~ir+g payment of s+id sum of i~.~ ~ and the performsnce of ths
covenants ~nd sgreements hereinafter expressed, and fw divers yood a~d v~lwbk considerations, by fhese p?esents, does yrant, baryain, se!!, remiu,
refease, convey and cortfirm unto ths MORTGAGEE, iri successws and assigns, •U tMt cenain lot, p'~eoe ot parcel of lu~d, situate, lying, and beirg in ths
Coumy of St. ~.11G1B ~~nd Stste of fbrida, described ai follaws:
~.ot 2, Block 4, of CRAMSR'S ADDITION to Fort Pierce, Flori3a, as per plat thereof ~
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on file in Plat Book 2, at page 10, of t~e Public Records of St. Lucie County~ '
Florida,
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RECErrm S « - IN PAYS!CP~T OF TATES
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G~~c ,".SS 'C' INT:11;I~i~ ."-E~SC A ;L P'tOPEi~iY, ~
~~':S t0 ~07=4. ~CiS OF 1}il. ~
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toget t w~t s • ~ingu ar eneman r e amen_K-iri'~ippu'iRr~fe~"tiRT~ii~1~6$'tib7i~~7f~ihyi~iitfE7ppaitalnlr~theteto.-snd-e!!-~eMS; ifsws~-_-.
p?oceeds ~nd profin ac«uing and to accrue from said premises, sll of which ue included in tF~t above and fwe~oinp dturiptwn and habendwn.
TO HAVE AND TO HOI~ the above described snd yrsntsd premises unto th~ s~id MORTGAGEE, its waesson and asigns fotevK. Md th~ ~ald
MORTGAGOR for F~ein, exacutcrs, adminwtraton and •u' ro, her
their g e~y ~e~y~ri W~th tha said MORTGAGEE, iri successon u~d usigm,
ehst they are ~.,,~„~i ,~~:~a of ~h. .,~a
y pramius in fe~ iunpl~; th~t ths s~rrN ars frN, clesr and d:fcMt~d from ~It tiens and ~ncw~r
brances in law w in equity, and thst they will and thel! heirs shsll wa~ru~t and d~fend tM titl~ to the suM to the s~id . ~
MORiGAGEE, in successo~s and assiQ~, fwever aQsirnt tFw Iswful clsimt and demands of a11 persons; j
PROYIDfD, A1WAY5 thaf if the MORTGAGOR shsll pay unro tF~e MORTGAGEE tM ptomissory note hersinbefore dewibed and ~MII truly, promptly ~
and fully periwm, d~scharye, execvte, complete, comply with u+d abide by ~ach and wery the stipulations, preemenn, conditiwu u?d cov~nany of si;d
promissory note and of this Mwtyaye, thsn this Matyay~ aod the Estate h~ssby ueated sh~ll csss~ and b~ null and void.
IT IS UN~ERS70pD tMt tFie word "Nlortpapor'" wF~ether in th~ sirgula? a plwal ~nywher~ in this Mwtpaye, shall be slnpvlu if on~ only ~nd
shall be plural jointly and sever~lly if mor~ than one, and thst tM word "theu" u ~sed ~nywhen in this Mortp~ sMll b~ taken to mean •'his; ••'Mrs
or "its." wherevet the conteat so implies or admits. Af~o, that wherevtr thert is a referenct In the covenan» and apreemeny herein oontained to any of
~h~ p~rfies hereto, the surK aF?~II b~ construed to mt~n ~s well a~ tht hein, ky+l rtpresentatives, woc~swn and usgru (either voluntary by ~cr of th~ -
parties a involunfary by ep~ratio~ of the law) of tM s~me and th~t the covenams herein tontained ~hall bind ~nd tlw benefiri ~nd adv~nta~es inwt
ro the respectiw heirs. Ieya! represem~tives, succeuors and ~ss~ns of tFw p~rt'hs herao.
And s~id Mon9syors, for them~elves ~nd theH hein, laqal r~esentatives, succeswrs ~nd ~ssipns, h~reby jointly and sevsrally covenant ~nd aqne
ro and with the said MpRTGAGEE, its wccesson and aui9ns:
1. To pay all and sirgvlar the principal and intaat and th~ ~arwus a~d sor~y sums of mor~.y wr,bi. by vlrtw of aid promiuory ~ot~, and th4
mortyape, eacl~ and every, prompUy on ~h~ days rsapectively tM aam~ wv~r~lly b~comt due.
4. To p~y ~II ~nd Nrgvlu the u~c~. ~swsunents. I~vies, li~biliti~s, obliQ~Ywm and ~ncwnbranca of ev~ry natvre ~nd kind now on said describ~d
property, a tlut hereafter maY b~ impwad. wffered, plsud, levied, or asws~ed tF~eon, or tMt henaftK may b~ kvied w ~ssesied vpon thts
ay~, w ti~e indtbredness stcvred her~by, each and tvery, wl»n dw ind p~yabl~, aaordinp ro I~w, befon they becwn~ dtlinqwnt, and befw~ a~ryr in~iu ;
attaches w any penalty is i~curred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII dE PROMPTLY SA115FIE~ ANO DISCHARGEp pF y
RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR IIVSTANCf, THE TAX RKEIPT OR 1HE SATlSfACT10N PAPER OFFICIALIY ENDORSED ~
OR CERTIFIED) SHAII BE PU?CED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and i~ the evtnt that any fhereof is ~ot ~
pa~d, sat'sfied and diuhuged sa:d MORTGAGEE may at any time pay the same or sny part thereof without wsivi~ w affeairg any option, lien, pv;ry w
•iQh~ under or by virfue of this mongage and the full amouM of e~cb ind every fuch paymeM thall be immediately due and paysble and shall bear interest
~.om the date ther~of uMil p~id at rate of nine per centum per ~nn~m and toge~o
Rw~th such interest s!?all be secured by the lien of th:s mw~t~qe. ;
go~~.~~ ~A~~oo~ ~