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THIS INDENTURE. M.d. ~h• lbth d,y af Apl~1 . A.O. 19
71 , bv~w+en
Rob~st C. Rrasar and Marvino Rsaz~s~ his Mifo ~
of S• C• ' County Flwida, F?K~in~ftw d~tiQr?~t~d ~s th~ "MORTGAGOR," ar+d FtRST fEOfRAt SAVINGS AND IOAN ~
ASSOClAItOM Of fORT PIfRCE. • corpor~~an wp~nised and exiiiiop w~dN ~M (aw~ of the Un~t~d Suqs of Am~rica ~r?d Mviop in princip~l pbc~ of t
buiirws~ in ~I» City o1 Fo~l Pi~ru. St. tuci~ Cou~ty. F{wida, I+e~Nnah~~ dnipn~t~d as tM "MORTGAGEE:'
WMEREAS tM MORTGAGOR ts jusN ind~bt~d w tFN N40RTG/?GEE in Ih~ sum of ~ Z`s3~•~
;v Y good snd I~wful money of fhe Un~ted
y> Srares adva~xed by ther MORtGAGEE unto rM MORTGAGOR, as ~vidtncad by s ctnain promiuory note of even da~e he~ewith, of which Ihe fotlowlrg in
= 2L ~ 3~.rO0s a trw copY, to-wit:
16, 991
~ ~ fon Pierc~. florida, ~?Pzil 16 19 ~
i~ For valw ?eceived, I, we or either of u~, p~omise to y, withoul def~ication, fo the o.d~r of fIRST fEDERAL SAVlNGS ANO LOAN ASSOCIAiION OF
~ fORT VtERCE st Fwt Pierce, fbrid~, the tum of =~a ~ 3~' ~ with entrres~ irom dale at 1M rate of8 ~ ~ °o per an~um, i~ monthly ins1a16
~nrnrs ~s toltows: j.,~~~~ o~ N:e ~stb d~y of Ju~ 1971 _~nd a lik~ sum on the cwrespa~d~ng day of each manth tFxre-
~ efter ~ntil ths whole be fully paid.
k Exh installme~t first sMll be applied in payme~f of tM intere~t and the~ o~ ?he unpa~d bal~nce o1 the princ~pal tum. If defauh is made in 1he
~~a~ment of any insraHment wt~en due, and such defavlt continvei 3p days, then at ths opt~on ol ~he hotder, ancf witiw~t any other notice, all the remaining
~nsrallrr~enti shall be due and payable ~t once, Privileps is yiven to prepay thii not~ in whole or in part at any t~me wilhoW penally. Neither faebear~nte,
nor scceptance by the holder thereof after any default in a~y paymeMi hereon, shall be deemed extension. A late psyment charge of S-1O• 20 ~hdl be
~ added fo each initallment rem~i~iop unpa~d 7 days +fter its dw date, ~nd a like sum sha!! be added !o each such ins?al?menl remaining unpaid 7 dsys after
~ each iucteeding paymenf date.
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~ Eath maker, surety and enclorser hereof, jointly and teverally, waives demand, presentment protest and no~ice of protest fw nonpayment, and turther
egrees to any sxiensiw~ of tim~ of paymsnt, either before o~ afte? maturity, without no~ice to any oF us; and to pay all costs of collec~;on, includ~rg a
reasonabk a~~orncy's fee in the evenl of any default hereunde~, a~d hereby seve+ally waivea all benefit of Iwmestead ar.d exemption under the ca+stitution
~ d~~d laws of each State of the United States, as apai~t this obligation or sny extensioo or renewal hcreof.
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~ W~tness the hand and uvl of each party.
. /s/ ii~bert C. Frases ~~U
~ s Msrv nQ Rrases
~ ~ $36 ~ 45 ~ State R~vMw
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AiOW, THEREFORE, tF~s MORTGACaOR fw tlw r Z4 300~00
pu pos~ of secvrinp p~yment of said sum of s- _t and the perfamance of ths
covenants snd ayreements hereinafter expresaed, ~nd fw d'+vers pood u~d valu~ble coniiderations, by theae prsscnts, does g?~nt, baryain, sell, remise,
release, convey and co~iirm u~to the MORTGAGfE, i~a su«~uws ar~d asiiQ~a, a!! that ce.tain bt, piecs w pucsl of I~nd, sitwte, lying, and beirg in tM
Covnry of SL •(,1iC~@ ind St~t~ of Fbrids~, d~scrib~d ~s follows:
I.ots 13, 14, 15, 16 and 18, J. p. SMITH~S SUBDIVISIaI,
as pes plat tl~z~ot r~COrded in Plat Book 4~ paye I04~
~
public zecords of
St. Luci~ Cuunty, Florida,
0
y~ "
s IN PA'!HE?~T L+f L4XES
DUE ON ClASS 'C INTAHG?8LE PEfSCttAt PRO?CRiY,
S TAT~ E ~F F~ O R 1 U A ~u""T zO c""~R ~o~2a. ncrs oF is~l.
~ 2 DOCUMFtiTAp~~:STAMP taX ROGiR POITf,~'S, Cterk Circuit Court
~ = AP1t30'71 ~ r:.•• = as ~gent br OANIEL N. KIHp?yLES, 1R
~ v - ~ 3 6 4 5= St Lucie ur,ty Tax Collec or .
y c~~r.CSREyErrE ~ _l ~
P~.19011i - ~ R~[o(~ ~~7'IL~~~r•,/L
-~-cu~
DEPUTY ClFRK
rogether with •II uid singvlsr the t~nri, hereditamenb and app~runces tMreunro Mlagirg or in ~nywise ~ppertaininp thereto, aed aU r~n:s, issup,
proceeds ared prof,n xcruiny and ro xcnre from said prem;aet, aIl of wh'~ ue included in tM above and fora9oing destription and habendum.
TO HAVE AND TO ~1pLq tM abOVe describ~d and ~ranfed premises unt0 tM taid MORTGAGEE, i~s successors and auiyns fwavK. Md the said
tD81Z
MORTGAGOR for htirs, txecvton, administratws ~nd auiyro, hereby cownu~q with the s+id MORTGAGEE, its wcc~ssws a~d ~uiprq,
~hat thQY lawfully ~eized of the said premises in f~e simpl , that th~ sanw u~ frN, clear and dischsr9ed from all 1'ierq and encue~
brances in law w in equity, and that th8y will and t~6~r hein sh~ll warrant snd defend t}K title fo th~ sam~ fo tM s~id
MORTGAGEE, ita succeuon ~~d suigra, iwewr painst the Iawfvl claimt and demands of all perawa;
PROVIDfD, AtWAYS th~rt if ths MORIGAGOR ah~p pay unto the MORTGAGEE tM promiuwy note her~in6elw~ described and shsll truly, promptly
and fully pe~form, d~xhsrge. execute, compl~ta, comply vwith ~nd ~bide by tach a~d every the s~ipvlarions, s9reemenn, co~diiiom ard cwenants of said
p.om~swry note and of this Mortga~, then tha IY{wtyape and rhe Eitate h~r~by ereated shall ce~se ~nd bt rn~ll a~d void.
IT i5 UNDERSTOOD that the word "Mort~apor" whetMr irt the tirpular or plwal anywhe~~ i~ tbis Mdtyipe, sFuli ~ ~inyvisr if ory only and
shstl b~~ plurat jointly snd severally if mw~ than one, u~d th~t the word "th~ir" as uNd anyM,hera in this Mor~ppe sMll be t~ken to msan "his:• •'hen;•
w"in; whcrever the cantsxt ao ~mplies a sdm;ts. Also, tF~at wh~r~vN the~e k a refe~~nc~ in the covensnts +r~d preements herein eonained ~o ~rryr of
!f~e panies her~to, tt» ~arne sh~ll be coratrued ro mean as w~ll as tM heirs. I~g~) r~esentatives, wccsuors and auipro (~ither voluntary by act of th~
p+rties a involuntarY by operation of tha taw) of tFw s~ snd that th~ coven~ny h~rein cont~'u~ed shall bind ~nd tM btoefiri and advantsp~s inw~
ro the raspectiw he'vs, le9~t repre~e~tatiws, suaesson and au~a o/ the pani~s heryo. -
Md said Mart~ayon, for themkhr~s ~nd tF+~i? i~eirs, Ipal reprtssntativ~s, s~ctesius and auiyea, her~by jointly and ~ever~{ly tovsnanf and aprse
~o ~nd with tl~e iaid MORTGAGEE, its suuesson and auipm:
1. To pay ~II ~nd u~gulsr thc pri~cip~l and interest ind the vuious and sw~dry wms of !
mwtys~. ~+ch ~nd evsry, promptly on tM days reapsetiwlr th~ s~ stv~~~Uy b~com~ due. ~y ~Y~ ~ virtw of ~sid promis~wy nob, and this
Y. To pay al! +~d ~inpvlw ths ta:es. ~s~ea~m~nts, levies, liabilities, obligatam u~d encumb~ancea of wery natw~ ar+d kind now on s~id d~scrib~d '
PfoP~?tY. or Mn hereafier may be 'anposed, wffer~d. P~ated. Iw~ed, or ases~ad ther~on, w thst here~ft~r msy b~ kvied w~ss~ssed upon this
a tM indebtedneas sen,rad her~by ~acfi ~nd w~ry, wlwn du~ ~nd pay~bl~. ~ccordirg to law, befor~ they becorrM delinquent, a~d befon a?yr Int~i~st
cc
a!tathet p u~y pe~alty if inc~rred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII SE PROAMiIY SATISfIED AND DISCHARGEp pF
RECQRD AND THE ORIGINAL OFFICIAI OOCUMENT (StKM A5, fOR INSTANCE, iHE TAX RECEIPT OR 1HE SATISFACTfON PMER OfFIC1AllY ENOORSE~
OR CfRTIfIF~) SHAII 8F VLACED IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN ~AYS NEXT AfTER PAYNtENi; ~nd in the evtnt that any Nxreof b not
pa~d. ~at'sfied and diuharged sa:d MORTGAGEE may at any tirne p~y tht iame or a~y p~rt thereof withou~ w+ivir?p or affecti~ ~ny option, lien, equiry or
•~aht under o~'by virtue of this mortgaye a~d rhe fu11 ~mo~nt of esch ~r+d every wch paymertt sMl! be immediately due and payabk ~nd shall beu int~rsst
6~om the date thereof vntil paid at rate of nlne per centum per ann~m • s e her w~th wch ime~eit shall be secured by the lien of th:s mw~taye.
go ~~z 345
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