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206751 ~
THlS ltVDENIURE AAadt N+w ~5th day pf M~Y~ A.D. 19~_~ b~twee~
t~est Side !3<iptist ChuYCh of FoYt Pierce~ a non-profit coY~or~tion und~-
the lawg of the State of F~~rid~, _
uf _ St . L.L1C1Q CWnfy Fiorida, FIlIliMltN desgna~ed as the "MORTGAGOR," and FIRSi FEDERAI SAVINGS ANp IvAN
ASSOCIATIpN OF FORT PIERtE, a corporat~on apa~i:ed and exiitin9 w~der the laws of tht U~~ted S~at~~ of Ame?ica and Fuving iq pr~ncipal pfats of
busu~eu in tM Ciry of Fwt Pit.t~, St. tuci~ County, Flo?ida, hcreinafte~ de~ipMted ~s tM "MORTGAGEE:'
WHEREAS tht MORTGAGOR is justly i~debted to ths MORiGAGEE ie ths sum of = 3+ 5~ • ~O geod ar.d lawful money o1 the Un~ted
S?ar~ advanced by ths MJRiGAGEE unto the MORTGAGOR, ~t evidenced by a certam promiiswy no~e af even date he~e.rrth: of .st,,ch tbe followi~ in
..ords and iyur~s is s trw copY. towit:
: 3, 500, (1 t~ .~-1--5
-918
Fort Pierce. Flaida, r~:Z C h 2 S~ 19~_
for val„e rKe;ved. 1, n~e w either o~ us, promise to pay, wi~hout defalcat;on, to ihe order of FIRST FEDERAL SAVINvS AND IOAN ASSOLIA~tON OF
fJRT PIERCf at Fpt Pierce, Florid~, the sum of s 3*S~~. ~0 W;th interest f~om date at the rate of ~_a~ rJo per annum, in nwnrhly insral~-
•-enrs aa fol!o..s: ~ 7S • on the j s t h day of F~~~ 1~ 19?
Z._ and a like sum oa the corre:pund:nfl day of each mon~h ~hero-
a'!er uMrl the .~hpii be tuity pa~d.
Esch ~nste!lment first sha!I be app~ird in payment of the intcrest a~d then o~ the unpa~d ba!ance of the pr~nc pal sum. 11 default is made in the
.a,ment of any ~ns~al!ment whrn di,e, ar+d such defauh conrinues 3p days, then af the opt~on oi the hader, and ~v~ehour any otfier norice, all the remain~»g
~sraliments shail be d;x and payable at once. V~ivileQe is piven to prepay this note in whole w in pan at any thne withcut penalty. Neither forebearonce,
rar acceptince by the holde~ thereof afte~ any default in any paymems hereon, shall be deemed cxtensio~. A late payment charge of S 3iT~__, shall be
~dded to each insia~imrm remainirg unpa;d 7 days ~fte~ iri due date, and a IiAe sum shatl be a~drd to each such instai~ment remaini;~g unpa~d 7 days ~fter
each sutcteding payment date. -
Each maker, surery and endorxr hereuf, jointly and severally, waives demand, presentment protest and ~oe~ce af p:otett (or nonpayment, a~d further
agrees to any extcns~on oi f~me of paymem, eifhc~ before w sficr maturity, without nat~ce to any of us; and ro pay aIl costs o~ co~lydion, indud~ng a
~easonabie attornry's fec ~n the evem of any default htreunder, and hereby severa!!y wa+ves ail benefit of homeatead and exemption under thr co~+stitution
a,d laws of cach Srate o~ the Un~ted Statcs, as sga~nst this obl~gation p any extens~o~+ or renewal hrreof.
w~t~ess t?+e t~a~d a~d sea~ of each psrty. W~T SIDB Br1PTIST CNURCH t1F FORT PIERCS
~y S/ William P. Ke11eY, ~E~i~
President ~,U
Corpozate seal affixeci Attest S/ Vorcaa K. Laseter, ~A~~
Secretarl?
~ 5 . 2 5 . (sewt)
c ~ ~ sr~~ ee~,,,.
is+«~ eawa.Me~~cw ~o.:~wh~o~a~
NOW, THEREFORE, the MORTGAC,OR fo? th~ purpose of secvi 3 500 00 t},s ~,fa,*,efLe of tM
w+g payn+ee?t of said sum af 2 ~ •
covc-n~nn a~d sgreemenrs herei~?after expressed, ar+d fw diven ~ood ~nd wlwbl~ ca+siderationa, by these presents, does grant, ba~yain, sell, remise,
-e:rase, convey and co~f+rm unto tAe MORTGAGEE, its wcussors and ~uiyns, al! that ce.tain lot, piece w parcel of iand, tituate, lying, and beirq in the
~~~ty ~ St .(.11C lE', and Statt of fbrida, desv~bed as fofiows:
;.ots 8, 9 and 10 and the :~'est 8 feet of vacated alley adjacent on the East, BLock
_ 3, :vEST Eti'D ~iDDZTI4~', as per plat thereof on f i le in Plat Book 2, page S, Publ ic
Records of St. Lucie County, Florida, ~
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!ogetF?er with aIl arsd singular tFK ten~rrwnts, heredit~menb ~ed ~ppurtances thereunto belonyinp a i~ snywise appertaininy thereta, ~nd dl rent~, iuut~.
p+oc~eds and profin xvu~ng and to ~cvue fran said premises. ~I! of whid~ u~ includ~d in the ~bove and fwpoinp dewiption and habendum.
TO MAVE AND TO HOLD the abow described and yrsnted premiset urtro ths said MpRiGAGEE, iq suctessors ~nd aisipns fwewr. Md tF» s~id
~KORiGAGOtt fqr _ 1 t 5 ~~n exetuton, administ?~tas and ~saiQns, hereby torsnann wit6 th~ said MORTG/1GEE, its succeswrs and suipm,
rhar ~ C 1 S---- lawfvll se~zed of the said
Y prem~a~s in fe~ simpl~; th~t the i~mt ue frst, clear ~nd diacharyed from •II IieHU ~nd ~ncvrtr
br~ncp in l~w a in cquity, and rhaf lt ~ will ~nd 1 t 5 hei.s shall warram ~nd defsnd tF~e riN~ to the Nrr~ to tM s~id
MORTGAGEE, iK fuccesw~s and aupns, fortwr ayairsat 1h~ tawful da~ms and dem~nds of ~fl peraau;
PROVlDED, AIWAYS tfiat if tFr MORTGAGOR shall p~y unto tl+~ MORTGAGEE tF+~ promiswry no~~ herei~beiwe dewibed u+d sh~fl frvly, promplly
and fuf7~ perfe.m, d/scha.ye, ei~cvtt, compku, cornply with snd ab~de by tach and every ~he stipulstions. ~presmenta, conditio~s and covenanh of said
prpm~siOry ooq ~nd of this Monyape, then thq Mwtya~e ard th~ Es~ate hersby u~~ted ~hall u+se +nd b~ nult and void.
IT IS UN~ERSTOOD that the wud "Mwtypw" whether in the sinpular w plural ~nywhen in this Mortysy~, ihall b~ tinput~r if w+~ only s~?d
•hall be plur~l jointly a~d st,rerdl~ if mor~ than on~, and that ~M word "~he7r" as vsed ~nywhere in thK Mw~yay~ sMl! be t~ken to me~~ "his:• ••F»n;'
w°iTS," wherev~r ihe come~ct so implie~ w ~dmits. Also, tMt whereve~ the~e is a?~fe+enc~ in the covenants ~++d agre~ment~ her~;n cont~;n~d to any of
ehe p~rties hereto, ftr same tt~ll bt corot~ved te m~~n q wefl as tht heir~, ky~f npr~senarives, s~.cc~s:w~ ~nd ~uipro (eirhei roluni~ry by ~ct of th~
pani~s or involunt~ry by oper+tion of the Iaw) o~ rhe aame ~nd th~r the coven~nrs Fxrsin contained aMll bind and tM b~nef~h and adr~ntaQ~s inur~
+o fhe rs~pective he"vs. Ip~l represent~t~ves, wueuort and ya~yn~ of tM p~rtiN he?eto.
Md said Monqpws. fa thsmastves and th~ir Frin. l~y~( r~esent~tivp, successw~ ~nd ~uiym. her~by jointly ~nd i~Yffilly cov~n~nf ar?d pre~
+o sr+d wirh thr W;d MpRTGAGEf, its successon ~nd ~saipns:
1- To paY ~8 w~d si~yular fF+s principd ~nd imerq~ and tFr wr~ow ~nd sundry wms of mon~y p~y~bls by yirtw of s~id promiswry noa. ~nd this
mo?tp+yt. ~at1? ~nd ewrY. P?~P~~Y on tht d~y~ r~spKtivtly tM s~nN tev~r~lly becane dw.
2. to phr dl and sinpv~a the ta~c~s, qstasmen». Iwi~s, liabififiea, oblipafions and ~ncwntxancss of ev~ry n~ru~t ~nd kind now on said dNCrib~d
NOpMtY. O~ lhif hefflffM rtyy ~ iN11pp~~. ~(N~, pIKld. (~v1f~. pf ~f~lfild f~rpfl. pI t~t ~1N~~ffN m~y b~ IlvN(~ OI ~iMfNd Vppfl t~llt MOft¢
p~, or tM ir~bqdrws~ secvr~d l+ereby. ead? ~rd w~y, wfi~n du~ u~d pay~ble, +uad~np to I~w, belor~ tFKy becan~ delirpuent, and b~fa~ ~~y MterNt
+nsc~xs o~ ~ny pen~lty is ~ncurreQ; AND I(YSOFAR AS ANY THERfOF 1S OF RfCORD THE SAMf SMAI~ 6E VRO/MpiLY $A115fIED AND DI$~HARGEO OF
RECORp AND TMf ORIGIt~;AI OFfICIAI DOCUMENT (SUCN /15, FpR INSTANCE, TME TAX RECEIVT QR iME SATISFACTION PAPER O~FtCIAILY ENppRSED
CiR CERiIFtED) SMAII !E PUCE~ IN TME HANDS Of SA~D MORTGAGEE WIIHIN TEfY DAYS HEX~ AFTER PAYMENT; and in ~h~ ~vent tA~t ~ny fly~wf i~ nof
;,a~d, s~+ sf;eE snA ~~scharped sa:d MpRTGAGEE may ~f •ny ~une p~y iM s~me w•nr par~ f?u~eof w~~hout w~~v~nq o~ •ffecr~rp ~ny eplion, lien, puity or
•~qhr ~~der « by rinw of this mo~~y~ye ~nd the /ull amovm o~ euh a~ fVNy iuch paymsm ~Mfl be ~mmed~~rely due ~nd p~y~ble •nd sh~ll b~u inte~~~t
~.om the d~tt ther~! Mtil p~~Q ~r ~~?e o~ ~~ne per cenrvm p~r ~nrtum and toyerijer w,rl~ ~iL m~r~s~ ~h~~~red by the lien ot th'~ mpr~ts~.
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