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THiS INOENTURE, M.d. th. 6th day of r~y A.D. 19__,_ b~t~een
Steven d. ~nith and Phyllis W. Smith: his Mr_fe
. i' r ' .
of St . Lucie ~~y Florid~, MffiM~iM d~signated as ti+~ "MORTGAGOR;' and FIRST FEdERAI SAVINGS AN~ IOAN
ASSOCIA?ION OF FORT PIERCE, a capaatio~ orpa?iu~d ~nd existinp v~da 1M laws oi th~ Un~ted Sbus of Amc?iu ~nd havir+p in principal plau of
bu~a~ in tM City of Fat Piuq St. luc» Cou~ty, Florida, lw~~ha daipnat~d u tM "MORiGAGEE:'
WHEREAS tM MORTGAGOR is jvttly i~d~bNd to tM MORTGAGEE in 1M sum of S g~L~~•~ , good and I~wfyi maxy o(. t1» Un~tod
Srates advsrxed by the MORTGAGEE unto tM MORTGAGOR. ai evidenced by a csn~in prom;uory note of even dare herewith, of Nh;ch ~he iQ:tow~,p !n
wor~s ~a ~fi~urss Fs a Irw copY, to-wih
= t~~~i .UU - 5-17s0~2
fort Piern. florida. r~ 6 19
fw val~e received, 1, we w either of us, promise fo pay, without defalc~tion, to fhs o.der of FIRST FEDERAI SAVINGS AND 10AN ASSOCIATION OF
fORT PIERCE at fwt Pierce, Fluida, 1he sum of a ~ with inte~est from date at the .ste of 8•2~o pe+ annum, in monrhly in~tall-
ments u~ollow~; 82 on the ~ thd~y of 'Ju~ 19 7~ and a tike sum on the correspond~ng day of each monih thers-
after umil the whole be fully paid.
Each instalknent first shall be applied in paymenf of the interest ~nd ~he~ on the unpatd ba~snce ot the princ~pal sum_ If default is made in ihe
paymeot of any installme~l when dw, aod wth default continues 30 days, the~ st the optiort of tF~e holder, and w~thout any other notice, all the remsining
instatlments shati be due and payabte at once. Privileyt i~ yiven to p~spay this note in whole or in part at any t~me without penalty. Nei1t-hcr iaebearance,
nor aaepAnce by the holder ~hereof after any dsfauft in any paymcnts hereon, shall be d~emed extension. A late pay~nent charge of S u• ~ Q , shall be
added to each installment remaining ~npaid ~ days ~fte~ ib dw d~t~, and a like sum ahall be added to each such ins~allment remaini~g unpaid 7 days ~fter
eath succeedirg paYment daee.
Each maker, swety and endorser hereof, joinNy and severally, waives demand, presentment protest and no+ice of protest for nor,payment, and fur~her
sgrees ro any extention of twne of paymenl, either before oFafter maturity, without notice to a~/ of us; and to pay alt costs of coflection, inctud;ng e
reasonable attwney's fee in th~ event oi any defavlr he~eunder, and hertby severatly waives atl benef~t of homesread and exemption under the con~~itutiw~
and Isws of e~ch State of the United S+atea, as against this obliy~atioo or any extensio~ a rcnewal hcreof.
Witness the hand and seal of each party.
s/ Steven A. Smith ~~u
. . ~ , .
- cs~?u
s P't~yllis Smith ~,,q
?'~12 .60 ~
( ~ St~te Revenw
NOW, 1HEREFORE, the MORTGAGOR fw th~ p~rposr of secwi ment of said wm of ~+nd tF~e
~q P~Y pe?formance of tl?~
coven~nts and agrecments Frcreinafter expreued, ~nd for divers qood and wlwbl~ cwuideratwns, by these presertrs, does gisnt, ba~gain, ie11, rem~se,
relcase, co~wy ~and confi~m unto tM MORTGAGEE, its succsuors ae~d ~ssigns, all that certain bt, piece or parcel of land, sitvare, tyinp, and being in the
County of St . I+uC 1C ~ Stah of Fb?id+, desuibed ~s fdtows:
?~~t 1 Lt, Block SII,17£R LAK~ ~kRK S?IADI'IISI~N, accordin~ to a plat thereof on :'ile in
Plat Book 10, Page li, ~'~~b?ie t'~ec~rds o:° St. Lucie County, ~'lorida, ? -
t-1,., v~ 1 U A ~1°c~~o w~rrr~t cF ~
S~rAZ~ ~ r.. Si n~.iP Y~x out oN woNOr~t woraan~
D~CUt+:F~I~A~=-..4~~ 111R~NiQ ~0 dM/!E* ~Ai~lr IICf~ A fl1~1.
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rogether with ~II and sirgvlar tl+e ten~menb, haedit~menb and appwtanus tMrwnro belon~irg or in anywise appertaininp therero, and all r~nts, iuws,
proceeds ~nd profifs sccruirg and to accrw from said pr~mises, all of which u~ inclvdsd in the +bov~ and fua9oirg de~cription and habendum.
TO HAVE AND T FiOLD tM abov~ d~wibed ~~+d yranted premisea unto the said MORTGAGEF, in succes~ors and su;pin forever. Md th~ safd
n
MORTGA R fo~ t e ir r_ ~;n, executon, admirtiirraton and +u' ns, ikr
~g eby covenants with the ssid MORTGAGEE, in wcuuws ~nd assipro,
fhat cy are lawfully ieized of the said pr~+nues in f~s simPll: tMt th~ ssrr~ ue ir~e, clsar ~rd discharped fran all liem and ~ncum~
brancts in law w in equity, and tlut they wi11 ~nd their ~~n y~~~ ~,,,~r~ant u~d d~fer?d tM titS~ a th~ sam~ ro tM s~id
MORTGAGEE, in wcceswrs and assgr?s, for~wr apaintt ths lawful claims and demands of dl perwns;
PROVIOEO, ALWAYS th~t i4 tM MORTGAGOR shall pay u~to the MORTGAGEE tl» promiuory note hereinbe~or~ described ar?d sh~ll truly, promptfp
snd fully pt~fwm, ditclwrQt. ez~tut~, compkt~, comply with and ~bide by ~sch ~nd tvery tM stipul~tions. sg?eemenb, condiiqns and coven~nts of said
promiswry ~ott and of this Mort9~e, thsn this Moriyayt u~d tF~ Eaute hsreby ae~ted ahall cess~ and b~ null and void.
IT IS UNDERSTOOD th~t the word "Mwtyapor" whethtr in th~ siegulsr a plvral anywhere in this Morty~e, al~+ll bt tiny~rtar if on~ only ud
ihall be plwd 'pin~ly and t~vently if more thart or~e, and tMt th~ wwd "the3r" used ~nywhert in tAis Nbrt9a~ sMll be tak~n ta m~a~ "hia,•, •'h~n; •
w"iri;' wherev~t tM tontext w imp{ies w admits. Abo, that wh~rever ther~ is a reference in tM toven~nn and aprtem~n» herein tont~in~d ?o ~ny of
rhe parties he~~to, tht ~ame ahall b~ cantrued to me~n u wett as tM Min, ipal npres~nt~riws, svccssson and assiyro (either voluntuy by act of ti»
pani~s a inmluntary by opsration of the law) of tt+~ s++n~ snd that the covenaaa h~r~in contained sF?all bi~d ~nd tM ben~fit~ and adv~r,tap~s inw~
?o th~ r~sp~ctiw Mirt, Ipal reprcient~tives, urcustors and ~u~ro of the p~rties h~reto. .
Md ~sid MatqaQa~, iw themwlves ~nd th~i? hein, (pal rtprtsenfativp, succ~ssors and +uigm. Mrtby joently and sswra!!y covenaM a+rd aya~e
!o and with the ~aid AlORTG/IGEE, iri aucceuas ~nd ~ssipn~: _
1. To p~y aU snd tinpula~ tM principal ~nd int~r~st ~nd tM wrian and sundry wms of moneY paYabl~ by virtue of s~id promi~wry not~. ~nd this "
mort9aye. ~ach snd wNy, promptly on ~he d~ys rtspectiwly tFw sam~ s~v~rally becwne dw.
2. To pay ~II ~nd sin~la t!~ tax~s. ~swssm~nt~, bvi~f, li~bilitiq, oblipations and encumbra~ces of every ~arw~ and kind raw on ~aid d~wib~d
~op~rty, or that i~sre~lt~r may M impwed, wff~r~d, pl~c~d. Iwi~d, a~ss~ssed thenon, a tiu~ her~aft~r may b~ lev~ed or uses~ed vpon ti~is MortQ~
~ye. o~ tM indebtsdn~s~ secvred her~by. ~acA ~nd ~vMr, wh~n dw Md p~y~bl~, accordirg to law. Lvfwe tMy becorn~ detirqus~t, and b~fa~ u~y fnt~rest
attacMs a any penalty is inturred; AfVO INSOFAR AS ANY THEREOF IS OF RKORD THF SAME SMAtI 6E PROMPiIY SATISFIED AND DISCNARGEC OF
RECORD AND THE ORIGINAt OFFICUL OOCUMENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENDORSED
OR CERi1F1ED) SFUIII SE ?LACED IN THF HANOS Of SAID MORTGAGEE WITHIN 1EN DAYS NEXi AfTfR PAYMENT; a~d in tFK ~wnt that any thNtof 1t no1
p+~d, Nt'!{itd aflf} diKIlllqed sa:d MORIGAGEE may at any tirM pay the tame or any paA iM~eof without w~iviny w aifeainq ~ny option, lien, tq~ity w
•+aht under a by virtus of this mo~t9s9e ~nd rM full ~mount o( eacl~ and ever~ such p~ymeM shall be immediately due and p.~ab1• ~nd shall bea intern~
~~om the date Ihertof ~Nil paid raie of nin~ per «ntum pN ~mwm and ropether w~fh such im~~~st ihall be secured by tM lieo of th:• morytaQ~.
eo~iy2 948
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