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THIS INDENiURE. M~d~ ~he lSth day of ' ~tarch • ' , A,D. i9 71 , b.:rween
iliiam Shultz, Jr. an:] "ary Louise Shdl z, h~s t~ife
of ~ t• I.Llt, lQ ~~W~ry Flw~da, he~einsfiN desiqnated as the "MORiGAGpR." and FIRST FEOERA~ $AVINGS ANO IOAN
ASSOCIATION OF iORT PIfRCE, • corpararion wganiied and ex~s~irp urnler the laws of ~he Un~ted S~atos o( A~nerica and h~ving i~s p~i~xipal plsce of
b~s~ness in tM City of Fwt Piacs, St. luci~ Counry, flaida, herei~ah~~ d~spnated as the "MORiGAGEf."
WHEREAS the MORTGAGOR ia ju~tly indebted to /M MORTGAGEE in the sum of S'~~L~~ _ good and ~awful money of the Un.ted j
S~ates advanced by the MORTGAGfE umo the MORTGAGOR, as evidentrd by a certa~n promissory nota oi ev~n dd~e hrrewnh, ol wh.ch ~he toilow~r~ in ~
~+c~dt and fi ures is • tr~e co a .
9 PY, to-wit:
s -~0~000.00 No 3-1~~885
Fon Vierce, Flaids, _ T11I'C21 15 _ ~y 7j
For valve rKeired, 1, we or eithei of us, promise to pay, withoul defalca~~on, ~t~e order of FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF
ii`R1 VIERCE at Fort Pierte, Florida, Ihe sum of t~a~~!~~ - with intrrest fiom date at t6e tate o4 ~!7So }~er an~~um, ]n moathly ins~ah• ~
~ p
.~:•rs as foi!ows: S~?~ on ~he l~~th d~y of , 19 7~ _ an~ a Ghe aum on the correspond=ng day of eaci~ mOnth there- t
~
e'.rr unhl thr whole be i~ily pa~d. +
Each instalunrM first shall be applird in paymeM of the interest and then o~ the unp~~d twlancc of the ~I~r.i.~,~j ~um. lf drfau!t is made in the ~
,,~nrnt of an nzsta~Imenl when due, and auch deFaut~ continues 30 da s, then at the :
Y y opt;~~ of the hotd~~r, and vvnho::t any mher noricr, all the ~emaim~ ~
'~~~al{ment~ shail be due and Evyable at once. Privil~ge is q~ven to prepay this note in wholc or in pa~t at a~y t:me wifhUUf prndity. NCith@I fwebearance, `
~~or acceptance by the hotder ehereof ai~~r any default i~ any payments hereon, shall be deerned ex~enston. A le~r pay~rzent charqe of 5-18+~Q. ~hall be
~ a-_ied ro each ins~atlmrnt remaimng unpaid 7 dayf alter its dve dale, ar+d • Gke sum shall be adcled to each wch ~nslallment remaining ~npaid 7 days after
e~ch sutelcding payma~t datz,
Eath maker, surety and endorser hereof, jo~ntly and aeverally~ WdiVH demand, preser~t~nem protest and nohce of protes~ for non~ay:nent, and further
a_a.ees ro any eatens~on of n~i~~ of ~aymen~, e~ther before w after maturity, without not,ce ro a~y of us; end fo ~:at a;~ costs oi co'liu~on, inc~ud:~g a
~ asonable attorney s fee in the even~ of any default hereunder, and herzby seve~ally waives all k,enef~t of f~c,m~atcod end ex~,npt~or, ~nder the tonstitutio~
~:ci !aws of each S~ate of ~he Unlted States, as againal this obtigafian p any eatention or ~enrwa! he~eoi,
Wimess the hand and seal of each party.
~s/ illiam V. Shultz~ _?r ~sEnt~
(SEAI)
~sl ?~tarv Louise Shultz
75 .00 ts~?U
t. ) State Revenue
NO'JH, THEREFORE, ~he MORTGAGOR for the purpose of secu~ing psyment of said sum of s SUf~~`~~ s~d the pcrfwmance of the
covenents and agreements hereinafter exp~essed, and fw divers 9ood ~nd valuab!e cons~dero~ions, by these presems, does grant, ~argain, sell, rem;se,
e~ease, convey snd confirm unto the MORTGAGEE, ifs ~uccessors and sssigns, all that certain lot, piece pr parcet of Isnd, sit~ate, lying, and being in the
County of C t• L lL~ 1~ and Stat~ of Florida, dew~bed as follows:
A~1 of ',.ot 19 and that paxt of Lot 18 lyine~ south:~esterly
of the _linQ ( as extended) connectin~ the r~idpoints of
the front and rear lines of said t~ot 18, in Alock 1, of i
THi^~?? Pt1T~T, as ger plat thereof ori f ile in Plat Boo!c j
10 ~ at pa~e 7~~ ~ of the Publ ic ?tecords of St . ~ uc ie
C'ounty, t Iotida,~ ±
~
~
i
- RE~EIYED ~~~~>f UI PAYMFNf Of TA1(ES
5( A~ t"' L U I-l 1 E~ A I~T~IBLE PER90NAL PROPERiY, '
pURSUANT TO CHAP'TfR 20724. ACTS Of 1941. J
v~ DC.~'.UMENIA~ "-_~~f~~1P TA~ ~ER POITRAS, Clerk Circuit Cou~i
= tt~Rlb'~i - as Ageat for DAHIEt N. KNOWLES, 1R.
~ - ~ 7 5 0 0 =
V CGs:PTF~l.IEA `e' ~ - St Lucie Ceu- tj isx Coilector
pR.,o~,jg ~y ~ _ -
~ ~Y ~ -
DEPUiY CLERII
r eth~r witt~ all ~nd si '
og ngular the tenements, herediamenb and appurbnus therevnto bebnginq w in anyw'~se appcnainirg thcreto, and all r~~t~. issues, !
p~oceeds and profits accruing snd to ~cvw from aid premises, ail of which sre included in the sbove snd fweyoing destripiion and Mbendum. ~
TO HAVE AND TO HOiD the abow described ~nd granted premiset unto tM said MORTGAGEE, its successo?s and asiigns fo~wer. And tFw said
the~r
!vtiORTGA R fov hein, executo.s, admioistrstors and •ssigns, hereby covenants wi~h the s~id MORTGAGEE, its ~uccessors and ~sti~ro,
rhat - L~~ l~ Ze Iawfull seized of the said
Y p?emises in fee s~mple; that the sa+n~ are frN, dear and discharyed irom •It lieru snd encum-
Dr~nClS in Isw w in cqu~ty, and thst they vv;11 ~nd thei r heirs sMtt wsrr~nt and defend the ritle ~o the same to the aaid
N10R1GAGEE, its succrssors ~nd ass~ns, forever apainit th~ lawfvl claims and demands of ~II personi;
PROVIDED, AlWAYS tMt if the MORTGAGOR ahall pay unto the MORTGAGEE the promiuoty note herei~befwe deuribed s~d sh~ll truly, ptomptly
+~d f~lty perform, d~scMrqe, exetute, complete, comply with •nd abide by e~ch and every the stipulations, ~yreements, co~di~ions ~nd cw~nants of ta~d
p~omisswy rare and of rhis MonQayr, ehen thia Mortg~pe ~nd tM Euate hereby «ested ahall ceas~ snd be null and wid.
IT IS UNDFRSTppD that the wwd "Mortys~ot" whether in tl+e •inyul~~ o~ plural anywhere in th7s Mortyage, shall be siry~ular if on~ only ~nd
ch~lf be plural joimly and severally if more th~n one, ~nd that tM word "their" ~s ~sed anywher~ in tfiia Mo~tyaye sMll be taken to mean "hi~:• ••herf," ~
or "iti," wher~ver rhe contt:t so impties or admits. Also, that whtrever fhere is • reference in the covenanls ?nd ~reemenU hercin cont~ined 1o My of
rhe parrie~ hereto, the same ihall b~ cortstrued to mean ~s w~ll as tF?e hein, leyd r~presen~atives, succ~ssw~ •nd ~sspru leither volunt~ry by act of ~M
parr~es w~nvo~~m~ry by ope.~tion of the I~w) of tM sam~ ~+id that th~ covcnant~ hcrein confained shall bind and the benefiq and ~drantaQq inwt
ro r.?~c .sspec~~ye he:n, kgal representatives, succeuwi and ~u~Qns of the part~ea her~to.
And said M.wtqagors. for themse~vh ~nd tF+tir heira, leyal r~pres~nfatives, successo?a ~~d a»ipn~. h~~eby jointly and teveralty tovenant ~nd pre~
to and wirh the u~d MORiGAGEE, its successwa ~~d auiyru:
1. To pay •II and sinyular tht princip~l and fnttr~st snd th~ various ~nd sundry ~ums of money pay~bte by virtut oi siid promiaswy no1~, and this
~*wi?ppe. ~xh ~rcd ~very, promptly on tFK day~ r~spKtiv~ly 1M am~ Nv~rafly becorn~ dw.
2. io p~y •11 •nd ~~rqul~. tt?e ~a,cN. ~~.rismenn. levie~, liabiliti~~, obliqatiom ard n+cwnbr~ncer of every natur~ ~nd kind rww on ~aid d~wib~d
p~opertY, a that hereah~r may be impowd. wff~red. P~Ked. I~vied, w~u~~sed thereon, a that her~~irN may b~ levi~d a nwsted upoit this 1Mwt¢
a9e, a the indebt~dneu recuraa lKreby. ~~ch ~nd ~r~iy, when dw ~nd p~y~bl~. ~ccadinp to I~w, before tM»y becom~ d~linqwnt. ~nd b~fwe ~ny inttr~s~
s++ethes or ~ny pe~~lty is incvned; AND INSO~AR AS ANY THEREOf IS Of RKORO TME SAME SHAtI SE PROMPitY SAiISF1E0 A~1D OISCHARGED OF
RE~ORD ANp TNE ORIGi?JAt O~flGfAt OOCl1MfNi (SUCM /0.5, FOR INSiANCE, IME TAX RECElPT OR IH: SIli1SfAC1lON PAPER OFfICIAtLY ENdORSEO
OR CEQTIf1ED; SHAII Sf PIACED IN THE HANOS Of SAID MORTGAGEE WITHlN TEN DAYS NEXT AFTER PAYMENT; and in the evant ~hat ~ny tMreof is not
Ye~d. s~i sl,ed •~d d~sch~rped sa d MORTGAGEE may st •ny um~ p~y the ssme o~ ~~y par~ thereo( without w~iv~ng w sifea~n9 ~ny oprion, lien, pvi~y p
•:~hr under a b~ v~n„e ot tb~t ~*rorrgaye •nd the iull ~moum o1 euh ~nd every such p~ym~M shatl be lmmedutely d~e •nd pay~ble •nd sh~ll bea~ inte~~t~
~•om r?,~ d~~c fhe~eof unr~l ~,a:d r~fe o1 mne per centum p~r •nnum and tope~her wnh wch in~er~~t th~ll be ?ecured by ~h~ I~~n o1 ~h s morqtpe.
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