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TNIS INC~t~TURE, Mada the_ bth day of ~C~~et_ i_-_ _ ~ A.D. 19-_~~, b~-t~een
Ronsld S. Shults and N~?ncy G. Shults~ hi~ w f~
o{ St • Z.UCle ~~ounly Flo~~da, herr~rrfter des~gnered as the "MORiGAGpk,"`and fIRST iEPFRAi SAVIn1GS AND t04N
ASSOClATlON OF fOR! ?IERCE, s corporanon oryaniied and eK~a~.nq unde+ the irxs oi t!~e Un~t~ Stat~s of America nnd having its principal place of
b~smeas i~ 1!?e Gty of fat Pierce, Si. luc~e Couniy, Horida, hereinaiter des~gnared as ms "MORIGAGEE." z
WHEREAS Ihe MORTGAGOR is ~~atly indeb~ed ~o Ihe MORT'v'AGEE in the svm of 5-l~_LS~_! good and fawful money oi the U~~~ed
Srates ad~anced by the lAORTGAffE ~~n~o the MOit~:,AGOR, es e.~drnc~-d by a cerra~n prorn~uory note ot e:en daie herew~th, of wh.ch the fo~lowing in
..ords and fig~res is a Ave copy, to-.vA:
s_12,SQ0.00 16,568
~
forf Pieres, F(o~ida, ~ ~t~f= 6 19 70
Fw value rKeived, 1, vve w either of ~~s prom~:N ro pjy, wet,o~r defaka~ion, t~ th:e order oF FlRSl fEDERAI SAVINGS AND lOAN ASSOCIATION OF
f;iRf PIERCE at fu~1 Pie~ce, Ftorida, rhe s~m of S l~l~0~~ - «.rh r~•,ev f~o~n :iafe at ii e rate oI Q~5"; per anru~n, in mon!hiy irtseali-
«~nts as Io!'ows: f 111~~ on ~he lstllday of NQYQ~~ , 19 7Q and a?~ke s;~~~~ on th~~ cones{,ond.ng day of each month there-
a!trr w~til the whole be fu~~y ~.~~d.
~ Each initd;.:;ient iirst shalt be a~;p'~rd ~n ~~a~n~•,m of U,~ ;nr-r-,s• ~nc{ , i,s'~~.;~ c~f •he ai sum. ff d~fau't is made in the
~ ~.~rment of a~iy insra;'rnent whe~ dve. a~d s~,:r, cfr~a~,:t cem;n~,os 3~~ .i..s. rt~~~n .jr ~•.o;,•„r~ of the ho:i;~r, -.~„i Nr'~;ovr any o~har n~,nce, ali the remainmg
~ ~~sral6nents shail be d~e and ~a~.~L!r at ;,~,cr f~~+, a3e ~s y:.,n to H;:~;,,y th~s notf ~n wh. •e or in part ar an~ f• ~~e w,+hout F.ana~ty. Ne~rher forebearence,
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.,o. accep~ance by the ho!c1e. th~r~t a'rer en~ drfi„~ ~n a~,y F,a;.-~-.,*s he.~•o~. sh+l! i,e f~zo-~-~ed ext.n3~en. A iate nayr*,ent cher9e of S_ s~ss , shatl be
, .d:1•~d to eath ins~ai~•.~eid re~-~ain~ny u~:p,.d 7 d+~s atter its d..-~ d3'e, arJ a. s,,.. ~ t be ~J~~,.J rn ~ t.f, ivth mi'~i~n~~•s;t rama~ning ~npai:l 7 days after
~ Parh Svtteed~ng pay~r.ent datz.
Eacfi maker, svrety and en~ors.,~ h~•r~_,f. ;o:n+ly .,.~ci s.•~_r+:;~. ~,-a~Yes de,~.i~d, r.,+s:~~:r,.,..r,r F,.:,t~•s~ n~~cl r.~!.~z of p•ptfST tJf nor.pa~:nent, and furiher
a~rees to any extens:un of ~~~::e o! F,~,~r~er:t c+~ o~!. re r,r ,..,+,,r w~r,our no!.ce ro ar,~ of us. a- d r~~ ;,3y a!! costs of cc';ecr,on, includ;~g a
rr•.~sonabte aftor~~ey's fee ~n the ennr of ~nr d~~+.i •~..:r t_•~-I a~d h~~:e6y s-•~e•eif~ f:a~:es a'~ i;c~ _ i o4 ;~v. ,d ;nt1 czc^,r!ion under the conslitution
3~::1 :a.va oi each S~arP of th~ U,,,!~~d i•,•.rs •s + ~.•,st 't:;, e,tr ya~.c,•, or any e~e~r~ s•on o~ renewaf ne~eof.
W~in@SS 1h@ hand and Seal ut ,~ach ~ vt~
~ Ronald S. Shultz_ ~ tseAi;
, - ~ (SEAI)
- 1s/ Nancy sbults (SEAt)
` _ 518 ~ 7S State Reve~ue «A~)
1 Z 5~ ~
NOW, THEREFORE, tbe MORTGAGOR 'or rhr p~~nose of i~~ r~,~ piyne~T nf said sum of S___ 1 ` end the performence of 1he
covenaMS and agreeme~,TS hc.e~•~a1~er ecpre:srd. a~~d Io• d~.ers yo:~J ar~d ra~uab'e tcns.derat:cns, by theae prexn!s, does gram, barya~n, seil, remise,
re,ease, convey and confirm unto the h1JicFiorl;~;E. ~~s uc~ess:.~rs a~~d ass~gns, a;l that ce~ia~n lot, piece ot parce~ of iand, siruate, lying, and be:ng in the
Counry of ~ St• ~.11Ci! _ and S!a~e of Flor~da, denvl6ed as ~ollows:
?he South 37.5 feet af L.~t 18 and all of I,ot 19~ Block 1,
~RRIWBA?HER PARK SUBDIVISION, as p~s p2at thereo! r~corded
iu Plat 8ook 6, par~ 16~ pablic zecosds of St. Lucie County,
Flo~ida,
~
RECEIN~ ~ v_ ` !y o~~~ ~ 1AYES
~ ~U.~ 'C iHTANGIBIE PfRSONIIL P?OPERT'/,
_ PUHSliANT TO CFIAPT:R 2Q724, N'iS OF 14i1.
` . - ROGf R POITRAS, Cterk Cucu~t Caurt
u~ I r'. 1 . ~
u; ~ _ _ ` - - as Agerzt iar I?ANIFC !V. YJ;CWLES. 1R
J - ~ ~ t,,,~ - SL lucie Ccu• ty iax Cc~tcctor
~ _ _ ~ 1 B 7 : -
_ _ ~ . , _ BY ~.~s~~ ~ ~.L.
~
_P6.:y;,~:~ - _
tlr ci~~K
+oge~he~ w~th all and sirv,~u`ar fhe tencmenrs. hered~taments and eppurtances thereunto txlonginy w in anywise appertai~~n9 the~eto. •nd •11 nntt, iuws.
~~xetds and profrts atuv+rrq and to acvve f~om sa~d premises, all of •«h~ch are ~nciuded in the above and fwegoinq description ~~d habsndum.
TO HAYE AND ~HQI~ The above descnbed a~d granted prem;ses vnto the said AAnRTGAGEE, ~ts succeasws u+d aasigns fo~tve~. Md th~ taid
kGRTGAGOR ~p lr he~rs, etec~tots, adrninis+rato~s erd assign~, hereby wvena~ts with the taid MORiGAGEE, i» successors ~rd assisns,
rhat t~-~ tewfu~ly se~xed of the sald prem„us ~n fee simp~e; that the same are fre~, clear •nd dixharyed from all liens ~rd Mcvrt~
ciances in tsw or i~ aquity, and that t_~Y~- w~I~ and ?xirs shall warranf and de(end t}?~ title to tM sart?~ to tF» said
1~IORTGAGEE, its iuccesso~s and as+~gns, fo~e,e~ ~geinst rhe ta.vfu~ da~ms aRd demand~ of a~! per~ns;
PROViDED, ALvSlAYS tha~ 'rf the MORi{,AGOR shaii pay unro the MORTGAGEE the prom~ssory ~,ote here~nbefwe described arw~ ~11 ttuly, promptly
and fu!!y perform, ~~uharge, exec~te, co~*+p;e~e, co:eply with and ab~de by each and every the s~ipui~~ions, ~greerrknts, condnions ar+d coven~nb of uid
prum~asory note and of ihis Morrgaqe, ~hen fh~s Mortgage and the E:rate hereby cre~ted shak cease snd be nu~l and void.
IT IS UNOERSTOOU fh~t the ,sord "Mcrtgago~" whether in the s~r.yu~ar or pluia! anywhere in thi~ $Aortg~ye, shall be sinqul~r il q~e onfy snd ~
ih~lt be plure) joinfly snd severally it mo:e rhan one, snd rhar the wwd "rhe~r" ~s used anywhere in th~s Mo~tpaye shall be t~ken to mean "his;' "Mn,'• ;
or "its,^ wherever the c4ntex~ s0 •mpi;et or adm~rs. Also, that wherever t6ere is a reference in the coven~nts and ~grtements herein conuined ro~rty of ~
fhe parties hereto, the same siu!S be ;onsrrucd ro mean sf welf •s the hein, leg~l reprosentatives, z~ccessw~ a~d as~i9ns ieither volum~ry by act of iM ~
pa~ties or involuroar~ by oper~hon of rhe Iaw1 0/ thr same ar.d fFat the covtnants herein contained sMll bind ~nd tM bene+its and ad~i~Mgy irMx~ 4
ro tM retpective hurs, legal represe~tirat~~es, successors and ats gns of rhe parne~ hereto.
Md siid Mortqagon, for themulves and their he~~s, Ieyif represent~rives, successors and assigns, hereby ~o~ro~y and severally covenant ~nd ap~se
~o ~nd w~th th~ sard MORTGAGEE. s~cccssws arr.i ass~gns:
1- To pay •II and s~ng~tar the pr~rxipa~ and ~nferest snd rhe vsr~ous ~nd ~vndry iums of money p~yable bY virtue of said prom;ssory not~, ~~d this
mort9ege, each ~nd every, p.omprty on tt+e dayi respecr~vely tF~e tame severiUy become d~e.
2. To pt~ a!1 and ~ingular t5e taxes, afussment~, fevies, I~abifitKS, oW~yations and eocombrances of every nature and k~nd now on said deui~ed r
p+optrfy, pr that hereaftt? may be ~mposed, ~uffered, plated, :evied, or assessed thereon, or that hereafter may be kvied p asyesf~d uppn iF~b MOtt~-
a9e, or th~ indebtedness sccured hersby. e+ch and every. whe~ duc ~nd payable. ~ctadiny to law, befwt they becomt delinqvent. ~nd b~fae ~ny imy~s~
afraches a any penalry is incvrred; ANO INSQFAR AS ANY TNEREOF IS QF RECORD IME SA~1AE SMAIt BE PROMP~IY SATISFIEO ANO DISCHARCsED Of
RKORD AND THE ORIGINAL OfflClal DOCUMENT 15UCH A5, FpR 1NSTANCE. iHE TAX RKEIPT OR THE SAT(SFAC110N PAPER OffICIAIIY ENOORSEO
QR tfRilFlEUl SMAII 8E PiACED 'N :MF HAyDS OF 5A1D MORT~',AGEE 'NITMIN 1EN DAYS NEXT AFTER PAYMENI; and in rhe wero that any thereof q not
pa~d, sat sfied ~nd d~scharqed se d MORTGAGEE may at any c~.,e pey th~ same w any pert thereof wrthout waiving w affecting any option, le~n, puity p
•~qht under w by v~rtue oi th~s mo*tgege ;:~d +he f~~l amovnt of each a.:d every tuch p~yment thaN ~ ~mm~~~td~ due and payable and shall be~~ int~rpt
~~om rhe dare thereof unr:I pr.d ar : ate oS n ne per cenr„m ~e. a-nu,*+ and toqe~her y~'r~~~ ,n~~s~ shitl be ucured by the Iien of th t morqtay~.
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