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1HIS INOENTURE, Mad~ th• 24t'h d~y of Februaiyt ^ , A.D. 19_~~ betwea?
~ I~bert B. Bu~rr~+ell and D~lxie Lee Bunaell, i~ vife l•• •--T-~
, 1 ~ ~
af Sti. Tat1C~A Cpi~~y F~~, h~r~;naftK desiynated +s the "MORTGAGOR," and FIRST FEDERAI'SAVINGSI?Np IOAN
ASSOCIATION OF iORT PIERGE, • twpwation orpanised and existin~ unda tl» lawf oi tM Un~ted St+qs oi Amerk~ and Mvin~ iq printipal pl~c~ of
businsss i~ tFw City of Fort PiKCe, St. luci~ Cou~ty. Flatda, hatinaft~r desiyn+ted as ths "MORTSsAGEE~
WHEREAS tM MORTGAGOR is jwtly indtbted b ths MORTGAGEE in the ium of = 9~tf00• good +nd lawful inq~ey of the Un~ted
States advancad by the MORTGAGEE uroo the MORTGAGOR, a~ evidertced by a certsin promisswy nate oi eve~ da~e hcrewith, of which the followirg in
wordi and figurq is a trw copY, to-wit:
= 9,800.0o N, 3-t6,84T
Fort Piac~. Flai.~a. '~bIL82`9 2~ ~q 7~
Fa valw received, 1, we o~ either of us, promise to y, without def~lcation, to the orde. of FIRST FEUERAL SA~VIN~GS AND IOAN ASSOCIAT~ON Of
FORT PIERCE af Fat Pierce, Florid~, the sum ofr = 9~~'~ with int~r~tt 4rom date at the rate of v•>:ro per +nnum, in monthly instalb
me~ft ai fOllOwt: j~T on tAe ~ 7*'h day of Ap~l , 19 71 ~nd a like sum rn the cares{wnd~rq day of each mo~th thert-
efter until the whole be fully paid.
Eath installment firit shall be applied i~ payment of tM iMerest ~nd then on tM unpaid balance of the p~inupal sum. If default is made in 1he
Fayment of any installment when dus, and such defauh continues 30 days, then at the option of the holder, and without any other not~ce, all Ihe remaining
~nstallmenb shall be dve a~d payable at wxe. Privile9e is given to p.epay this nore in whot~ or i~ part at any t~me without penalty. Neti_ther forebearanc~,
nw atcepfance by the holdet thereof after any default in ~ny payments hereon, ~hall be deemed extension. A late payment charge of 5-4~87 - sh+~~ be
added to each instal(ment remaining unpa~d 7 days afttr its due dat~, ~~d s like sum shall be added to each such instellrr.ent remaining unpaid 7 days afte~
each succeediny psyment data
E~ch maker, surety and endorse+ hereof, joinlly and sever+lly, w+ives demand, p?cxntment protest and notice of protest for nonpayment, and furtF+e~
agrees to any extensan of time of payment, cither before a after maturity, without not~ce to any of us; and to pay all costs of cotlect~on, includ~rg s
~easonable attorney's fee in the evenl oF any default hereunde~, and hereby severally vraives all beneiit of homestead and exemption under the constitulion
a„d lavin of each Sute of the United States, as agai~nt this oblgation or any extension a renewal hereof.
Witness the hand and seal of each party.
3~ R4ber'~ ~~urvell t~~U
s e Lee Hurwell ~A~)
. ~
ts~?u
s ~ 4.70 ~ s,.~. Re~«,~.
NOW, THEtfEFORE, the MORTGAGOR fo? the purpos~ of secv~iny p~yment of said sum of i 9~~'~ and ths perlo•manca of th~
coven~nb ar+d apteemcnts hereinafte? expressed, and fw diven ycwd ~nd wluabl~ tonsiderations, by these p?esents, does grant, bargain, sell, remise,
reiease, convey snd confirm unro the MORiGAGEE, ib sucussws and augns, ~II that certain lot, piece or pucel of land, sit~a~e, lying, and beiny in th~
Covnry of $t'. LuCi@ ~nd Safs of Fbrida, described fdlowa:
Lot 10, Block lts Unit No. 1, FO~tT PITsRCS HI(i~Q.ANDS,
as shaim on plat recorded in Plat Book 10, Page 29,
of the Public Records of St. Luci~e County, Floi~ida,
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- ' = ~;-c nn ~L to r^rr~uycis ~n?+~xr ~ T
W STA1 G uF f"' L O T'C ~~A ~-A ~R 20724,
' DOCt1MFNTAa" STAMP TA - P'()t,~ AC~p~ ~~7;nES
` ° z - NYt-9'7i _ °y .~e°,~t , ;r ~ Circ„it ~p L
~ ~ _ ~ l I 4 ? 0~ ~ tu:~~ ~u ~T~ ~x°n'?.~
~R
i N COMPYROLIER ~
€ P.B.,9o~ae ~ By c .E~-C,
i G~~
E
~ ~
:
~ togethq with all and singular tM tene~nent~, hered~tamenb and ~ppwtancea therew?w btlorginy a in mywise apptrtainirg ther~ro, ~nd all r~nb, issup.
~ proceeda and profirs accruing snd to ~ccrue from s~id premaes, all of which ~re included in the ~bov~ ~nd fwegoinp dssuiption and habendum.
~ TO HAVE AND TQ h~th~ ~bov~ desulbed and p?anted premiws unto th~ said MORTG/1GEE, its waesson u~d auipro fweva. Md tiw said
~ MORTGt('sOR fo? j' - hein, e:~cutors, adm~nistraton and auigrn, h~r~by covenann with tM said MORTGAGEE, its a~ccessws ~nd assipro,
rMt ~~~--8~ - lawfuity se~zed of tht ~aid premiaes in fN simplr, tMt th~ sam~ u~ fr~e, cfe~r and dischu~ed from •I! liens ~nd encwo-
~ b~ances io law or in equiry, snd that {'~y will aod their hein shall wsrraM ~nd def~nd th~ titlt io iM same ro tM said
~ MORTGAGEE, in wccessors and assiyns, for~ver spainst tl» l+wful claims and damands of all peno~u;
PROVIDE~, A1WAY5 that if the 1NORTGAGOR sh+11 pay unto tM INORTGAGEE the promis~ay rate her~inbefae described and sFNtl truly, promptly
~nd fully pKform, discharge, axecute, camplet~, comply with and sbide by ~ath and every the stipulafiwu. ~yreem~nb, conditions ~nd covenanb of uid
~ promissory ~ot~ snd of this Mat9pe, then this MatyaQ~ and tM Estate her~by ve+ted ~hall u~it ~nd b~ null and void.
ti IT IS UNDERSTOOD that the word "Mortyapw" wheN+er ie tM s~nyular a plwal ~rrywher~ in this Mwtyape, sMll b~ sirgular if on~ only ~nd
~ th~ll b~ plur~l jointly snd sewrdly ii mw~ than one, and that the wad "theN" ~s used ~nywMr~ in this Mortya~e sh~ll be t~ken ~o mcM "his,•• ••h~n;•
~ o~ "it~;' wherever the conttxt w impliM or admits. Also, that whenvN therf is a nfer~r?ce Ifl 1F1! COVlMfl1f ~11d i9reemenb Mrein contsind to any of
~ rM parties Mrsro, tFw s~ sh~ll to~ cantrued to meae as w~ll as tlw F~in. Ipal representatives, avccesson and aaiigra (eithe~ volunt~ry by ~ct of the
~xi psni~s w invdu++tary by opt.ation of tM law) of the same and th~t ti+~ covenants herein coMai~ed ihall bind and the bK~ef~q ~nd advantayes irnx~
~ ro th~ respectiw h~in, leyal represent~tirp, ~uueswn and au~ns of th~ p+A'NS hereto.
Md said MortpaQors, fw themselves and tl+tir hein, IsQal represenutiws, succeawn and ~uipns. Mreby jointly and s~verally covee~nt ~nd aprt~
to ~nd with tF+~ said MORTGAGEE, in wcc.swn •nd ~uiym:
~ 1. To psy all and sirqvla the principal and intertst and tl» wrian a~d ~w+dry sums of nwner paYablt by virtw of said promiuory note, and thi~
„o~tyape. ~ach and ev~ry. P.ompay on ~h. d•ys raputivefy tM ~am~ s~vsrally becan~ dw.
~ 2. To pay •II and sinpular the taxes, sueum~nb. I~vi~s. IiabiliYws, obli~tiau ~od encumbr~ncst of ~wry natw~ ~nd kind now on said d~wib~d
.4:~ property a tMt hereaft~r may be impw~d. wffKd, plaad. {wi~d, w wns~d tFxnon, a th~t hK~aft~r m~y 1» kv~ed or useswd vpon this Mortp~
~ p~, a ti~ fe~debt~dnea s:curd F~eby. ~ach Md w~ry, wMn dw a+d paYsbl~, accwdinp to I~w, b~fwe they becan~ delinqwnt. ~f1d bt}pf My HIMfMt
~ •naches or ~ny penaby is incurred; ANO INSOfAR AS ANY THEREOf IS Of RKORD TME SAME SHAIt 6E PROMPTIY SATISFIED AND ~ISCHARGED OF i
~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SIKM AS, FOR INSTANCE, THE TAX RECEIVT OR ~HE SATISfACT10N PAPER OFFICIAtIY ENDORSE~
pR CERTIf1ED) SHAII dE PLACEO IN THE HANDS Of SAID /NtlRTGAGEE WITHIN 1EN DAYS NEXT AF1ER PAYMENT; and in the event tMt ~ny thereo( is nw ;
paid. iaYsfied +nd dischar9ed ta:d MORTGAGEE may ~t any tim~ pay the iame or ~ny p~rt Ihereof without waivinp w affectiny any option, lien, puity w
' •pht und~r o~ by rirtw of this mort9i9e ~nd ~FK fufl amount of e~ch ~nd wery wch payment ahall be immediately dve ~nd payabk ~nd shall bear imerest '
~~om the dett thereof until paid ~t rate of nir+~ per centum pe? anown ~nd top~thnJ~1~
h imere t secured by the lieo of th's mor~ts~e. ~
~ 800K le7U ' ,
~
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