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~ 20'7683
THIS INDENTURE, M+~ tA~ 12th ~y o~ ApZ~l , A.D. 19 7~, be~ween
N. V. Caru?on~ Jr. and Jan~ R. Canaon. his wil~ _
of St •~'uCi~ Cow?ty Florid~, hu~inallM dtsynated ~s 1h~ "MORTGAGOR," •nd fIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, • co~paation w9u+ud u~d ~xutirg und~r f!» law~ ot the Unit~d Sar~i of America and having its principal place of
bviineu in tFw Ci~y oi fwt Pi~rc~, Sf. lucH Cou~ry, Flaida, het~ti~?ihK deiipn~~~d as tM "MORiGAGEE:'
WHEREAS IM MORTGAGOR is jwtly ir+debt~d b tFw MORTGAGEE in Mw sum of s 15~~Qa~ , good and law(ul money of the U~~ted
State~ sdvanced by the MORTGAGEE unto the MORTGAGOR, as ~vidaxed by • ccrtain pro+nissory nole of even date he~ew~th, ol wh~ch the (ollowirq in
wwdi ~nd f' ures ii a uw copy, to-wit:
~ 1 S, 00~. 00 r~to 5- 16 ~ 973
Pwt Phrc~. Fbrid~. ~ri1 iZ ~q 71
Fw wlus received, I, we w ei?her of vi, promise !o paV. wi~hout defalcation, to the order of FIRSi iEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Fiwida, the ium of : y,~ 15 ~ with interast from date at the ~ats of~.a~r~''1'o pN annu~n, in monthty install-
ments as foltows: 23~•~ on Ihe lst'tl+y of ~y 1971 snd a like tum o~ the correspond~nq day of each month there-
sfrer until ~he whole be fully paid.
Each instalimcnt first shall be app~ied in payment of tM interest and then on tFx unpaid balance of the princ~pal sum. If default is made in the
payment of any instailment when due, and auch default toniinuet 30 days, then at the option of the ho~der, a~d without any othe? not~ce, all the remeining
~nslallrn~nfs shall be d•.x and payable at once. Privile9e is yiven to prepay ihis ~ote in whole o~ in part at a~y t~me without penalty. Ne~tne~ fwebearance,
nor accepqnc~ by the holder thereof afre~ any default in any paymenh hereon, shall be deemed e:tension. A late paymenf tharge of =_~aY~., shall bs
added lo each installmeM rrmain~ng unpaid 7 days ~fter itf dw date, ~nd • tike sum shall be added to cach such instaltment remaining unpa~d 7 d~yi ~ftcr
each succeeding payment date.
Exh maker, surery and endorser hereof, jointly and uver~lly, wa+ves demand, p~esentment protest and noticc of p.oteat tw nonpayment, and further
agrees ?o any extensiwi of ~ime of paymeN, either before w afte~ matu.iry, without not~ce to any of us; and to pay all co:ts ot cotlecrion, i~clud~ny a
reasonable at~orney's fee in the evenl of any default htreunder, and hereby severo~ly waives a~l benefit of homeitead and exemption under the co+~stitution
and laws of each Sra?e of ~he United States, as agai~st this obligetion w~ny extension w renewa! hereof.
W~tness the hand and. seal of each party.
/s/ N. V. Canaon. Js.
(SEAL)
/s/ Jaa~ R. Ca?n:top lsEwU
ts~u~
(_~Z2. SO ) Sur~ Revenw
~ 15 000 00
NOW, iHEREfORE, ths MORTGAGOR fw the purpos~ of securirg paym~nt of aid swn of i ~ • ~r+d the pcrfwmance of tM
c~veMnn and syreements hersinalter •xpreucd, ~nd for divas ~ood and v~lwbl~ conside+ations, by these presents, does grant, bargain, aelt, rem~se,
releast, convty and confi~m unto the MORTGAGEE, ita wueuors and sui9ns, all that certain lot, peece or parcel of land, sir~ate, lying, and being in ths
ca,,,~ ~ St. Luci~ ,.~,a s,.r. ot Fbrid., d.Krib.d to~lo~vs:
?hQ South 1/2 of the folloxin9 d~scribed pzoperty:
Lot 118 and that part of Lot 119 lyin~ Wsst ot canal,
of SHBBN'S SURVfiY aR WHI7B CI?Y, Rlosida, accordiny
to Plat theueof z~card~d in Plat Book 1~ pa9s 23, of
tha public secords of St. LuciQ County, Rlorida; said
lots lyiny in and cosprisiAy a put ot S 1/2 of SB~
ot SN?~ of Section S, ?ormship 36 South~ Range 40 Bs?st,
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s s 30. oo ~ Mri~ a~ ~s
~ D:JE ON CLASS 'C IIRAMGIBLF PERSOI{AL PlbppEJ(ry~ .
~ P' ~;1lIT TO CNAPTER 20724, ~3 OF 19fr1. W ~1 A,T F L O R( U A
~ ~~G~P POIiRA$, Cletlc ptqlT CoUR v~ DOCUMFNTA~?`!. STAhiP TAX
? as i~er.t for DANIEL M. KNOWIfS, 1R J~ =~t14.~~ 2 2 5 0=
~
~ ~t lutie Cou,-: Ta: Collabor _
~ " N V ~~?r ~F ~EfEMyE . ~ "
~ gr ~~i~~~~i~~ PB.i~o~~•
~ n~m a~K
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~ roqether with ~II and s;n9ular t!w tenem~na, hered~tamenb and appwtu+c~s ?herewsro b~lonqirg a in ~nywis~ ~ppe~taining tMrNo. ~~d ~U rtnts, issws,
~ proceeds u?d prof~n +cnuirg and to ~ccrw fran s+id prsmi~, all of which Ne includ~d in tA~ abov~ and fw~yoirg deuription and habendum.
~ TO HAVE AND TO iQ ~he +bo,n d~scrib~d +~d Qr~nted premisea unro th~ said MORTGAGEE, ib s~cceswn and as~iym for~wr. Md tM s+W
~ MORTGAGOR lor - t~
1z I+~~n, ~:ecuton, ~dminiin~tors ~nd assiyro, hereby cwer++nb with tFK s~id MORTGAGEE, ita succeuors u+d ~ssiprr,
hat Iawlully se~zed tM ~aid pemis~s in fN wnpl~: that tF~e sanK ~r~ fru, clear ~nd diach~rped from ~II li~ns and ~ncue?
~ brances ~n I•w o. in equi~y, ar?d rMt t~y will and t~i! Mias shal! w~rrant a~ d~ftnd ~he tirl~ a rM ~am~ to fhi ~aid
~ 1NpRTGAGEf, ib successors ~nd assyns, forever ~yaimt fhe lawful claima ~nd d~msnds of all persan;
s PROVIDEO, AIWAYS tMt if the MORTGAGOR sF?~II pay unto tM MORTGAGEE the promiswry nole hereinbefor~ datribed tnd ~hall huly, promptly
n snd fully perfwm, d~xharq~, esecut~, compKh. comply wirh and ~bide by e~ch and ~very th~ stipulatwns. ~yreemenq. conditbm and corenanN of s+id
" prom~swry not~ ar+d of this Mort9aQe, then this Mwtya9e u+d tl+e Esta~e hsrtby asat~d sh+ll u+s~ and be null and wid.
IT IS UNDERSTOOD that tM wwd "Mwty~x" wh~tMr in tFw ~irgular o~ plwal ~nywhe~t in this Matyaqt, ahall bt siryulu ii one only ~nd
shall be plwal jo~ntly u+d s~venfly i} more ~Mn av, and that tht wwd "their" as used ~nywM~e in this MOfi9p/ 1FNII ~ fal~M f0 T!M "h;~:• ••Mrs,•.
_ o~ "in;' wherwer the conte:t w implies a admin. Abo, that wherevt? thert is •?eftr~nce io tM cannams +nd ayreements herein coe+t~ined to sny oi
~ ti?e p~rti~s F~trtto, tM ~ame shail bt conttrued to me+n ~s w~ll a tM Mi», leqal rtpresentatives, tuccessws and ~ssiyro (eitF?N volunt~ry by ad of tM
~ partit~ a invduntary by op~r~t~on of ?he law) of tM swne and that ~h. cove~ann F?er.M conained sh.11 b~nd •nd rA. be++ef~n and .dvm.Q.• inw~
~ fo the rsap~aiw Mas, kyal r~pressn~~t~r~i, succ~uors ar?d au'~ro of tFK puries hereto.
4; And said MwtQpon. (w themselves and th~ir hein. I~al reprtseM~fir~s, wccessors ~nd ~ui~ns. htreby joimly ~nd s~v~r~lly covenant and ap~~e
ro ~nd with ths said MQRTGAGEE, ifs successon a~d ~uiprn:
- t. To paY dl uid sirqular tM pr~ncipal and inrer~st and tM wrian and sundry sums of mo~ey paY~bl~ by virtw of ~aid promiswry not~, ~nd tha
rrart~a~. ~ach snd ev~ry, promp~iy on tM days resp~ctively tFw ramt t~wrdly 6ecane dw.
2. To pay dl and sinQvla tl+~ taxes. ~s~esunenb. I~vih, li~bilifies, oblgatiom ~nd encvmbnnua of ~wry natw~ ~nd kind eww on said dncrib~d
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p.ope~ty a tMt hereafr~r may b~ ~mpossd. wffM~d, plaad, kvi~d, a~ss~swd thereon, a tfia? ha~after may be levisd a~uessed upon t' MortQ-
ap~, a the ind~btedr+eu ~ecur~d hereby, e~ch and ewry, when dw w+d paYabl~. ~ccordinp to iaw, befwe they becom~ d~linqwnt. ~nd b~ton ~ny inNrea
~ attxhes a any pen~fty it incvrred; AN~ INSOfAR AS ANY THEREOf IS Of RKORD TME SAME SHAII dE PRONIPiIY SAi15fIED AND DISCHARGED Of
G~ REtORO AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH /~S, FOR INSTANCE, iME TAX RE~EIPT OR TNE SATISFACTtON PMER OfFIC1AllY ENDORSED
~ OR CERTIFlEO) SHAIL SE VUCED IN TME MANDS OF SAIO MORTGAGEE WITNIN TEN DAYS NEXT AFTfR PAYMENT; and i~ the went that My tM~eo~ a not
w,~ pe:d. s~tffied ~nd d~uharged sa:d MORTGAGEE m~y at any t~me p~y the sart+e or'any part therpf wirhout waivin~ or affectiny any option. I+en, equity a
~+aht unda w b~ virtve of this mo.~yage and ehe full ~mo~~t of e~ch ~nd every such paymenr ahall be immed~ately d~e •nd payabte and shall b~~r interest
i•om rhe date thereof u~til pa~d s~ rate o! n~ne per centum per ~n~urA a~ t w~th such interest sFall be secv.cd by ~he I~en of th:s mwytape.
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