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THI$ INDCNTURE. lNad~ the 15th d~y of ~ S~t~B~ , i~.?~. fi~~ , b,:r~ear~
John R. Scru94s, Jr., and Mary B. Scrugqs, his wif~, ~
o~ St• 1'uCi~ County Florida; herci»aftcr des~ynated as the "MORTGAf,OR;' and fIRS~ ~EDFftp~ S~ It~G$, .AND LO~N ~
ASSOCIA?ION OF fORT PIERCE, ~ corporation oryanized and ex~s~~n9 undx ~he lewa o1 the Un~ted S~at~s oi 1Aw~ic~ aod hV=i+g Rf• W~~(~~ p~+ca of
busiMSS io rM City of f0?t Pi~rq, S/. Luci~ County, Florida, hcrrinahe~ dis~pnaled as )hs °MURiGAGEE."
WHEREAS tM MORTGAGOR is 'rys~ly indebted to ~he MORTGAGEE in the sum of S-. 7~7~!_~._ good ~nd lawt~l mwxy o1 the Un~ted
Stttea advsrxed by the MORTGIiGEE unlo the MORIGAGOR, as rv~denc•_d by e cor~a~n prcmissu:y note ot e~en t~ate hc~ew~th, of wh~ch the foilowinp in
words and tigursi is a true copy, to-wit: .
= 7 , 700. 00 ' ' ' ' 16 534
,
Septa~bor~ 1~5;``.:. 70
Fort Pierce. Florid~. - 19
Fp valve received, 1, we w either of us, promise fo pay, without Jetalcai:on, ro elie order of fIRST FEDERAI SAVINGS ANO IOAN ASSOCIA110N OF
c~~oT ol~~~c c:.,! p:o•~•, F!~•:a., t4~. s!•m nl ~ 7~70Q~~ w~~h inta~:~st irom detc ~t thc rato of 8l~S'.o pet anrum, in monthly initall-
~~+enrs ss fo~low~: s_~-L~ on the day of NQL~Y~_ , 19 70 _ and a I~~.e sum o~ thr co~r~~pond~ng diy ot rach monih there-
a~rer untit ~he whole be fuily paid.
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Each instalt~nent firsl shall be appliad en peymrn) of the intrresi and •i~~n ,.n ~n~:o!d t;~~a~+cr o( thp pr;nc pat sum. II defavlt is mede in the
~ e,mrM p( any insta:lment when d~e, and wch defa~h continues 30 days, then at fhr o~:!,_~n oi tfee ho~drr, and ~,:eho~t eny otn~r not;re, all fhe rr:~zain~ng (
•umllmenb shall be due and payabte ar once. Pnwte~e is gi~~•n ro prepey rhis no~e ~n whole ur in part ar eny t.++:e weihou~ ~,ena,ty. Ne:rher fo:ebearance,
nor atcep~anca by the ho~der thereof a(trr any defavit m any psy~~:rn» hareo~, sha;f !,e de~med eat.,ns:on. A:at~ pay~nent cnarye of S 3t~_ sha~l be (
.~dded to eath insta~Imtnt remaining unpa~d 7 days after its d~e date, and a tik~- Svm-s~a~l tr: added to e.,-h s~ch mni,i n,ent rem~~n~ng unpoid 7 days aftrr j
raih sutce~aling peymcnt date.
Each maker, surety and endorser hereof, join~ty and SCVC(d~I)', \Yd~Yt`S c!~••. .i,,d, nr i„r:,r a~ ~i r.uti,.• of {~~o!es! for non~,~y~t~~,~~, and fur~her ~
ayrtBf f0 ~f1y exten~~on of h~l! O~ pdYm@nl, eithar b~fore o~ aher m~t~nt~, '.v~•i.p~t n5'.cc'.to ~•,in~ Ot i~s, ~r~~ to F~e~ e;l CJSTS O~ CO'ICCNGn, inti~d,n9 • [
~c ~sonable lattorn•ey s fre in the event of any drfa~!t hereu•~cirr, a~~d h~~ rby s~r.~ ~,~':y ,r,,,;:es a~~ i:.. rf~r ct ?,,,~nc:~~.,,c~ ~nd e.~~~npticn u~der the constifutioo
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u .i~ii Vi l.:Cri .....~t' .i:i ..:...:J C._ ` ~f.:. ..1.! a o rn~~ al ~.s~~nn{
_y... .e. : ~ f,. . : . . . _
Winxss the hand and aea! of eech pa~~y.
~L,~ohn R. Sczua9$,~r. ~E,,u
(SEAU
- S/ Marv B. Scruags cs~A~~
S 11. S5 ~ sra,. a~,.~.~~,. csEwu
NOW, THEREFORE, Ihe MORTGAGOR for the purpose of tetur~ng payment of sa~d sum of S 7L7~~ ~ ~~d the petfwmance of the i
covenanb and agre~ments hereinatter expressed. and for d~vers good a~~d valuab'e cons:dernf;ons, by these presents, does grant, bargain, se~l, rem;se,
releate, convey ~nd confirm uMo the MORiGAGEE, iti succeswrs and ass~gns, a,1 that ce~ta~n iot, p~ece or parcel of Iand, siruate, lying, and being in the
Couhfy of St • LuCi@ and State ot Ftor,da, de~c~+bed as followa:
Lots 18 and 19, Block 5, StA~JRISB PAitK ND. l, according to the plat thereof on fi1Q
in Plat Book 8, page 42, Public Records of St. Lucie County, Rlorida, ?
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!tl!AN~18LE FE~'SCt1Al PROPERiY. , ~ ~
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PURSWINT 70 CF;.1PT_~ ZC723. 11~C~S Of 194L
RUfiCR PLt"r ~'e:k Circu3 Coutt L',= . . , - ~
~ xNOrr~s. ' ` i1
as Agest fcr C~~:l~t N. ~
e ~ ti ,;~a
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St l~cie fau,.fi/ Tu Co1lecUot ~ '
J C.' H c:
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rogethN witA •11 snd s+ u~ar the te~ement~, hered~taments ~nd a rtences ther n ~
^9 ppu eu to belw?ginp w in anywiss ~ppertai~in9 therefo. and all r~nts, ifsws,
p~oceeds and profiy uuu~ng and ro accrue from said prem:sei, sIl of wh~ch ue irxl~cled in the above and fwegoing description •nd habendum. ~
TO HAYE AND TO lD tha above destribed snd g~a~ted premises unto t!~e ssid MORTGAGEE, irs successuf ~nd assigns forevM. Ilnd th~ s~ld
MORTGAGOR fo~ t~e~r he;rs, eaecut«s, admfn~i+rarors and assigns, herebr covensnts with the •aid MORTGAGfE, its suctessors ~nd auiprn,
thev ar t
+hat g-- lawfv:ly sef:ed of tM said prem~ses in f~e simpte: that ths sam~ are free. dear and discFurQed from ~ll licns ~nd ~ncwrr R
brancp in I~w or in equity, and that th@}r wilt ~nd th@ir ,?sein ~ha~t wsrraM ~nd defend the title 10 1M sartw fo tln ~aid t
MORTGAGEE, its auccetwrs and assigns, fpever against the lawful ctaims and demandt of sl! perso~t; j
PROVldED, A1WAY5 fMt Ft the MORTGAGOR aMlt pay vnto ihe MORTGAGEE the pramaiory mte he.e~nbefo,e dex~ibed ~nd shall truly, promptly
a~d fully perfwm, d~stMrye, execute. compl~l~. comply with rnd ~b;dr by each end every thr sripv~arions, aflreeme~nti, cond~eions and mv~nb of said ~
p~om~sswy ?wb ~nd of this AAwt9age, ~hen this Mortgage and the E~rare he.eby created ~hall cea~e and be null and vo~d.
IT IS UNDERSTOOD th~t tM word "Mwtyaqpr" whe~her in tM s~ngular or plurai anywhere in this Mortys9e, shall be •ingul~r if pn~ cnly ~nd
sh~ll bt plur~l 'pintly ar+d sever~lly ii mwt tMn one, and thn fhe wad "the'u" ~s used ~nywhere in th~a Matpey~ alaii b~ bA~n to mean "hi~..• •.Aen,•.
or "ib." wherew? fh~ contexf so implies a~dmits. Also, that whereve~ there is a ref~rrnce in tht torenanK ~nd ayr~mentf F~~in cont~ined to ~ny of
rht patits htreto, tM tam~ aMll b~ corutrued to me~n wetl ~i ~he heirs, le9al reprssent~rivei. •utc~~spi and assgro (~i1Mr volunury by atl of tM
parties w inrolunury by opaatan o~ ~he I~w) of rhe surK snd rhat the covenant~ ne~em con~i~ned sMll bind ~nd tM bc+~efiq ~nd advant~p~s i~w~
ro the respective hein, leyal rep•esentNivn, successors and ~ss yns oi ehe psnies Aere~o.
,`And said AAorfppws, {p tMmselvef N+d their heirs. legal represcni~tives. successort and ~ssig~t, h~re6y jointty and uvaratly coven~nt ~nd ~g?M ~
ro~rr! with the sa~d MORTGAGEE, ~ts sucussora a~d ~i~iqns:
1. To pay ~11 +nd ~inpul~? th~ princip~l and inrere~r ~~d the ve~aus artd avn.dry svms of mo.ney peyable by vi~tw of ~id prom~s~py net~. ~nd ~hp
rt+or~y+~. e~ch a?d ewry, promptly on iM day~ r~spect~vdy tM tame s~wrally becorn~ dw.
4. to p~y ~II and sirpvl~r th~ taaes. sssessmena. bvin. li~bili~~s.~obliyit~«n ~nd ~ncumFx~nc~s of ~v~ry MIUf~ and ki~d now on ia;d d~suib~d
W~~Y, w ~Mt Fw~~ha maY be imPOt~d. wffr+ed. P~xed, livied, a auessed tM!wn, w rhai her~~lter m~y M l~v~ed or uuisd unon !hh Mortp-
q~, a th~ indtbt~dn~ss wcw~A M~eby. ~KI~ 1nd ~rNy, when due ~nd p~y~bl~. xcwdinp to I~w. Ixla~ ~l~ey k»come delinqwm, ~nd Mfw~ ~~y inttnst
+~~~cht~ a~r?y ptnalty ii incw~ed; ANp INSOFAR AS ANY TMEREa7F t5 OF RKQRD TME SAME SHAIt 8E PROMPiIY SATISf1ED ANO ~ISCHAiGEp pF ,
RE~ORD ANp ~NE ORIGINAI OfflClAl DOCUMENT (SUCH AS, FpR INSIANCE. if1E tAX RECFtPT OR THE SAIISFACTION PADER OFFItIAIIY ENOORSED
OR CERi1f1Ed) SHAII bE %ACE~ IN TME HANDS OF SAIG MORTGAGEE WIININ 1EN DAYS NFXf AfT~R PAYMENT; ~nd in 1h~ ~v~nt ~hat ~ny Ilrrto{ b no1
p~~d, ut'~fied ~~d d+~c!+aq~ w.d MORiGAGEE m~y ~ny ~~ma p~y th! same or •ny p~n tMreof wrthout w~~v~ry w~ffecr~ny any oplion. li~+?. equity a
•+pM+t unde~ w b~r virtw of thn mor~9~ ~nd ~h+ fvll ~rr,ant of each •nd every auch payment sh~ll b~ ~mmed~~tely dw •~,d payb~~ ~nd ~11 beu int~ttU
~.om th~ d~te thtrpf ~nfil paid N r~t~ • m~ p~r ceMvm p~r •nnum •nd ~oye~l~tr w,tA svth ~Merast fh~ll bt secured by ~h~ I~~~ o( th f mor9lp~.
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