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THIS INOENTURE. IWd~ iM 6th day of _ ~O'~effi~IBI' i q:~, lg~,~ ~~„~rNn '
8. Ra, Lows and Iva L._~,, h1s rifs 1
t
of L~aie Cqinty florida, h~r~ina(r~~ dcs~yna~~d as tM "MORTGAGOR,° and FIRS1 FECERAL SAVINGS AN~ IOAN ~
AS,,OCI/?TION CF FORT PIERCE. • corpo+~tan o~9anis~d ~nd ex~i+3~g und~. tM lav~n of t1x Uo~~td Stu~s of Ameriu and I+~vinp tb p~incip~l ptap of ~
bu~ieNas In tM City of fat Pi~rc~, Sf, luci~ County, flwida, hsr~in+i1K dtiipnu~d at tMp "MpO~RiGA~GEE:' ' -
WHfREItS tM MORTGAGOR u justly ind~br~d io ~M MORTGAGEE in tha sum of SSe,S[S~G~.S[~L ~ good and lawjyl mpwy ol t Un~ted
Statq ~drant~d by ths MORTGAGEE unto ths MORTGAGOR,•es ev~drn~cd by a ccrtai~ promisiwy note of even date h~r~with, Of Wh~tA tIN fol~inp i~
Wa~,,~00.g~ ~a~r. ~o-W~~: ,~a i3-16~62~
• Fort Pi~rc~. Florid~, Nove~ber 6~ ~ 19._L_Y
For valw raceived, 1, ws w e~lh~r of us, pr~ isej ~to ~ without def~lca~ion, to ~he order of FIRST FEDERAI VINGrS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort P' ts, Florida, 1he sum of _ w~~h fnterest from dale at the rate of ~~?~O per annum, i~ monthty inst~l!-
rT,ents as follows: 3 g~•~ on the ~~th day of ~eesber ~q T~ _ and a Ilke sum on the carespond~ny day of eacf~ mon~h ~FwM
after until the whole oe fully pa~d.
EacR instaltmenf ii+st aAall be applied in payment of !he inte~esf and +hen cn the unpa~d t,alance of the princ~pd sum. (f defayM is msde in 1F»
paymenl of any irntallment when due, and such detault conti~vea 30 days, the~ at ~he opt~on of the holder, end without any other notice, all th~ rem~i~ir?~
installmeoti shsll be due and payabk at once. Privil~qe is given to prepay this note in whole or in part at any tirr~ wi?Fwof penalfy. NeitF?er fwebear~eKe,
rtw ~cceptarK~ by the holder tlxreof after any de(ault in any payments hereon, thaU be dcemed earension. A lat~ paymeM tharg~ of • ~ sFu11 b~
added ro each installment remaining ~npaid 7 days after its due date, and a I~ke ~um ahalt be addcd to each aucfi installment ~emaining w?paid 7 dayf after
exh sucaed~np payrr.ent date. .
E~ch rtwke~, su~ety and endaser hereof, jointly and severatty, waives demard, presenr,nrnt protest and no>;ce of protest fw nonpayrneM, u?d further
sg~~es !o ~ny ~xtensio~ of time of paymcot, eithe~ before w a(ter mawrity, wi~huut not~ce to any oF - ~s; and to pay all costs of tollectioe, intfudi~g ~ ~
reasonabk ~ttwney i fee in 1F~e evenl of any default hereunder, and hereby sevcrally wai.•es all benef~! of homestead and exemption under the cor+sNtufion
and iaws o( eacli 5ute of fhe United S~ate~, as aga~nsl this obl;qalion q any e¦fens~on or renewal hereof.
Wire~ess the F+and and seal o( each pa.ry. .
/s/ H. Roy Loxe ~
. ~u
s Iva L. L~e ~
r $13.20 ~ su~. Re„e~,~. ~
(SNmpa t~nqll~d on txiyinal note) ,
NOW, THEREfORE, 1M MORTGAGOR fp tFie purpose of securing P~ymtnt o~ ~sid sum of = 8 ~O ~nd th~ ptrforrrwnc~ pf fh~
covenMq and apresmenfs hereinafte~ expressed, artd (or diven good and valwble considar~tions, by tlxse presenri. do~s yrant, ba~q~in, sell, remise,
rele~s~, conwy ~nd tonfitm unto the M4RTGAGEE, iti ~vcceawn ~nd au~gns, atl thrl ceruin bt, piece ot pucel of Iand, ~itwte, lyiny, and bei~p ln fh~
~a„„~, ~ St. Lu~cfe +~a s+~~. af F~~, de'scriE»d ~a follows:
?hAt. pBrL Ot TTBCt. "A° Of I~eY18@d P18tr O~ Sa"~ ACRSS SRTBDIVI.SION,
UNI'T N0. 2, as filed iu P1at Boak 7 at page 1~2, Public Rec arda
of St. Lucie Covnty, Florida, ],ying i~Teet oY the i~Test Corporate
Lia~its of the City ot Fort Pierce, Florida; the aforeaaid parcel
being i'urther descMbed as Tract "1" of said snbdivision; I,ess
and ~ocepting therefroa~ the B$st 152.9 Peet. ~
- `O
R~ry~rp IN PA`!lifNT C` TlIrES
p1iE OR CLASS 'C INTAtiGIBIE PE~SCKAL P^:7; E?tY,
~ . - PURSu1tKt Tc~ CHAP'TER 207?~. AC:S Of 13i1.
~ W ~~'A ~ ~F i- L U f-2 i U A" ` R~G~R P01?R14S, Cierk Circuit Ceurt
i~ ~ DOCUtr4F.PITAp~STAM~ - as Rge~t toi CA1~l~l N. KN(mfLES, !R
= NOY16'70~ = St titcie Cour,ty Ta~c Coilfdof
~ ~ = t 3 2-0~
N COMPTRCLIEA r - ~
P.B. ?9oi ae - ~ o~un cxEw~
rop~tlw with all and sirqvlar the ?enar~ents, h~reditaments a~d appu?ta~xes ther~unto belwginy or ie anywise ~ppertaudnp tl+K~to, and N) r~MS, b~uN„
proc~eds ~nd profin acuuing ~nd to actrue from s~id premises, ~II of which are i~xluded in tM ~bov~ and fota~oieg description md h~b~ndunw
TO HAVE AND TO HOlO the ~bove described ~nd ynnted premises unto the said MORTGAGEE, its wocesson and auip~s forewr. Md tF» wld
their F
MORTGAGOR fw h~irs, executors, administnton and assigns, hsreby covenants with the aid MORTGAGfE, its wcceswn and ~stipN„
~Mt t~p 8~ lawfully se~zed of tF+~ sa~d prem~ses in (e~ sfmpte: that the s+.n~ ar~ frK, cleu and discharp~d from all I~ns ~nd ~ncw?~ ~
br«+ca in law a in eqvity, and ~hat th~p will and their h.;,, ,,,,u wsrrant and def~nd tlw tnb to tM san~ to th~ s~fd
MORTGAGEE, iti wcceswn u+d ass~gns, forever ayiu~st the {awful claim~ and demands of all penpn;
PROVIOfD, ALWAYS that if ths AhORTGAGOR shall pay uMO the MORTGAGEE tF~e promisswy not~ herti~before dNtrib~d ar~d sh~11 tNly, prpnptly .
and fuily paform, d7~char9t. execute, complete, compty with ~nd ab~de by each and tvery tiK stipolatiwu. aprrern~nf~„ conditiwn and eov~nanh d a~id
promissory rat~ ~nd ot this MorfysQe, then this Mortgaye snd ~he Eseafe her~by uated shall ceas~ and be null and wid.
IT IS UNDERSTOOD tiut ths wad "Mortgagor" wF?ether in the singular or plwal ~nywhere in tbis Mortys~e, sMll b~ sirgula? if on~ only ~nd `y
s1~a11 be plunl joir?tly and sevrra{ly if mwe than one, and that the wwd "fheir" as used ~nywf~an Jn this Nbrt~ay~ shall be taken to mtan "hls„'• "h~q,•• f
o~ 'it~," wi~ertva f!u conte~et so implia a admits. Also, tF~at wherever there is a refe~ence in the cownann and apreein~ms Fw~tin cont~i+wd b wqr d
tM puties he?eto, the tame sMll be construed to me~n as we~l as Ihe heir~, 1e9a1 rep~esentatives, succ~sson md ~uipro (~ithK volumary by ~ct of tl~
parti~s w invotumuy by op~rario~ of rlr law) of rhe sune ~„d rhar the coren~nts her~in comained shall bi~d and tM bKNfiri and adv~r?tpp M~w~
to th~ r~ap~ctiw he3rs. Ipal ~epreseetatives, succeswn and asrgns of the puties hereto.
Md said Mwtq~yws, for thems~lves snd tlu~r he~n. leqal representativ~s. succesw~s u+d auqns, F+e~~by jointly ind ~tverally coven~nt ~nd aprN
ro~nd with th~ a~id MORTGAGEE, iri suuessws ~d ~uigns:
1. To P.y ,n ~,d ~ P.~~~P.i and intere~t and rht va~io~s and sundry sums of money paYab~e by vwtw of iaid promisaory nof~. Md 11~
matpp~• ~ath and wKy, prompNy on the d~ys respedively the s~m~ s~v~rdly becomt due.
2. To pay all and sinp~lar M~e taxe~. ~swsunenq. Isvies. liabi?~ti~s, oblpasions and ~exumbrances of ~very Mitllf ud kind now on ~aid dntrib~d
D~~b, a tfwt f+Ne~ft~? may 6~ impowd, wfiered, plx~d. Iwied, or ~swswd tfieraon, a tha~ here~fte~ may b~ Iwied or awswd upa~ tNs Mwt~
ap~, a th~ ind~bqd~eu sscw~ h~reby. ~ach and ~wry, whe~ dw ~nd pay~bl~. xcordirg w law, befw~ ~I+ey becoen~ d~linqwrn. +nd b~fon any M/~nat
an~chy p~ny pemlty i~ i~twred; ANO INSdFAR AS ANY TMEREOf IS OF RKORO THE SAME SHAIt EE PROIfA~~IY SATISFIEO AN~ OISCMARGfC OF
RKORD A,NO 1MF ORIGINAI OFflClAL DOCUNIENT (SUCH A5, iOR INSTANCE, ~HE TA% RECEIPT OR THE SATISfACT10N PMER Of~K1AlLY Et~ORSED
OR CERTIf1ED) SHALL bE PtACEO IN tME HANDS Of SAIp MpRTr,AGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ud in tM ev~nt lhat ~ny tMr~of fs no1
p~id, s~Ysfied and discharped sa:d MORTGAGEE m~~ at any nme p~y rhe same or an~ p~n the~eof avi~Favt w~ivinQ o~ ~ffect;np ~ny option. (:en, ~puiry or
•ipht ~e~de? w by vinue of this mo~tgape a~d the fult ~mount of each ~nd every ~uch payment aMll be immedutely du~ and payabk a~d shall b~ar kMa~s1
hwn the d~t~ 1F~ereof ~ntil paid at rate o1 nint per ce~rum per annum t nh ~uch intjr~shall be securtd by the 1i~n ol rh:~ mo~ptp~.
6~0
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