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THIS INDENTURE. NMd~ tM ~ 2th d~y oi •~'Y A.D. 19_..71. betwt~n
l~lerr~nreather Investaent Co~ar~~ Inc.z a Florida Co~oration
of Sti. Iucie „ Cpvnty Florid~, M~~~oaitM detgn~~ed ~s th~ "MORiGAGOR." and fIRST FEpERAI SAVINGS AND IOAN
ASSOCIATION OF FORi PIERCE, ~ corpaat~oe~ w9ani:ed ~nd exi~~iny unde~ ~h~ I~wt oi tM U~~~~d S~at~~ of Am~~ic~ ~nt! Mviny iq pri~cipal pbc~ of
busin~s~ in tM Ciry oi Fort Pi~rc~. St. trcia Covnry. Florida, M+einalai daipne~~d u rM "MORIGAGEE: • ~
WNERfAS tM MORIGAGOR b jwtly indab~~d ro!h~ MORTGAGEE in 1M sum of S- 2~ 2200•~ good and lawtul money oi the Un~ted
Stets~ adwnaed py tM MORiGAGEE unto ~M MORTGAGOR, •s •vidnncad by a cer~am p~ombtiwy note ol evsn date hsrewith, of wh~ch IM (ol(owinq in
wads and figu~h u• rrw copV. to-wit:
= 2~ •200.00 3-~~s05T
fort PiKC~, Flaida, ~.a~ ~ 2 19 7~
Fw valw rKeivKl, 1, we or eilhs~ of vs, prom~se to p~y, wilhoul d~falcation, to ~he orde~ o( FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
` FORT PIERCE st Fpt Pierrce, Florid~, ~hs sum of s 2~?~_!~_______ w;1h interest irom date a! thc rate o) __L~~~ pet annwn, in monthly in~Nl6
~,~en~s p faltowi: S-~ TZ~~ o~ ~he 1 th ~y af _ Au_gusL ~v.Tl-- N«+d ~w v
~ _•ntl • liks sum oe the ~ares ~ da of each month 1Mrr
after ~ntil the who~e bs tuUy pa~d.
\ Exh insqflment fi~st shall bt appl~cd e~ pay,nent of the iMeres? •nd then or~ fhe unpa~d balance o( the prin~~pal wm. I( de(ault it mad~ in tlw
~~ayment of e~y initallmem whe~ dve, and such drfauh co~~~inve~ 3p days, Iheo at the o~~tion of the hotde~, and withou~ any other notite, all the remaininq • ~
~~~staUm~nts sh~{I bc due ~nd payabk at ortce. Privi~eyt is given to prepay this note in whole w in pert ai any time without µenalty. Nafi
~her faebeannct, #
\ nor ~ccep~ar+ce by ~t,e i+otder ~heroof efrer •ny default in any payments he~eon, sheU be dcemed eafensi~n. A late payment tharge of S__'_t7~__, sh~ll bs
edded lo tech ins~allme~it remaining unpe~d 7 dsy~ aiter its due da~e, snd • hl,e surt+ shali Ge added to each such ins~allment remaining vopaid 7 day~ ~It~r
` each succeecl~~y pa~ment date.
` E~th maker, surety and rndwser txreoi, jo~mly and sevrrelly, wa.ves drmar~d, presenrrnent protest and no~ite o! prolMt fpr npnpaymenf, and furfher
~ eg~eea to ~ny ex~e~s~on of ~~oie ol pay~ncnt, r~the~ bnfo~e or af~rr mewrity, wi~huu~ nor~ce to any o! us; ar.d to pey aU cos~s o1 collec~ion, indud;n0 •
\ reasonab~e attprnsy s fce ~n ~he event o( aoy default hereunder, and hereby sevrrally waives aIl henefil ot homratead and exaoiption undet fhe conafitufion
e~+ei lawt of exh Stare of ~he United Srsres, as eys:nst this obliyation or any extent~on or renrwal hereof.
W;Mess tl+e hand and teal.of each party. r~~R ~~wS1~r Ci~~A~~ ~Ci.
B7s s/ Joseph Peoni, President ~~U
CORPORATE S~AL AFFI7BD
`~g~= a ancha oni, Secretary ~u
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~ _ $3t . (70 ) s:.M RoY.~w ~u .
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l NOW. THEREfORE, tM MORTGAGOR fw the r rg p~~rment of uid sum ol = ~ •
D~+ Pose of setvri 21 2~ ~ , ~r+d th~ perfwm~nc~ of tl.~
~ cov~na~ts and ~g?aements hc?einafrer expressed, and !d diven yood and v~lwbfe consideralioni, by these prasenb, do~s yrant, b~rpain, s~ll, r~mis~,
retcas~, cw~wy a~d confirm unto the MORTGAGEE, ih succesaor• ~nd aui9ns, sll that ce~t~in lo~, piece or parcel of lu+d, situate, lyinp, and b.irg in tM
County of $t. ~i1C~e ~od State of Fbrida, dewibed followa:
i
I.ot 1, Block 16, RIVBEt PARK - Ut~RT N0. 2, as per plat thereof on file
in Plat Boak 10, Page ?2, of the public records of St. Lucie Coe~nty,
Florida,~
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y r:~ I L-~~- L~ f:1 1 L~.'~ r~.~ f~~~'~ Y,~iCI'~
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~ o = nart ~ ~t _ . # . - - - _ R~ER p~~ t~ ~~g~
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r~ a~. i ~ :r ! I :r ~,yn~ _ _ _ =
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~oqether wifh a!1 and sinyula~ the tenements, heredit~menh and appurta~ces thereunto belong~rg o~ i~ ~nywise apperuinirq ther~to, and ~II r~nb, issws,
p.oceeds ~nd proi~n accruir,g and to xuue from said premixs, all of wl~ich ue included in th~ ~bove and fwpoinp deKription u~d habend~xn.
-TO HAVE AMD TO HOI~ the sbove desuibed and yr~nted p~emises unto th~ said MORTGAGEE, its succeswn and aui~~s fw~wr. Md th~ wid
MORTGAGOR ia ---it=9---- Aein, eaecuton, administratws and ai~igns, hereby cwenann wi/h tlk said MORTGAGEf, its wccesqr~ ~nd aaip%
T,,,, _ iL is ,,W+„~r,, .~::~a of the said ~em;ses in (ee simple: tMt the ~ame ue lr~e, ck~~ ~.~d diuh~r
b~~nca in t~w a in ped from all li~m ~nd ~ne~nr
equity, and that it will and its heirs shall warr~nt and deftnd th~ titl~ to tM s~ms ro th~ s~id
MORTGAGEE, in ivcceswrs ~nd ass`gns, forever pairut the lawfvl claim~ and dem~nds of all pertw:s;
VROVIDE~, AlWAYS tMr if ~he MORiGAGOR shall pay umo the MORTGAGEE the promiuory note hcreinbe(ore dexribed and sMU truly, promptly
.~+d (ulFp pe~form, d~uh~rye, e¦ecute, compkte. comply wirh u+d ~bid~ by each and every tht itipvl+tions. ~p?eements, conditian and tovtn~nt~ of s~id
wom:ssay not~ ~nd of thii MortyaQe, tF~sn this 11Rwtgaye ~nd the Estate her~by veated shall uas~ ~r?d be null ~nd void.
IT IS UMDFRSTOOp that the wwd "Mortyayw" whether in 1F~e tirgular a plural anywhere in this Mwtqa9e. ~hall b~ iinpul~r if on~ only and
shall be ptural joimty and serer~tly if mor~ th~~ one. •nd thsl tht wad "their" ~s wed ~nywfiere in this Morrqay~ thall be taken to mttn "hu:' "F~en:' ;
w"its;' whereva the co~teat w implies w admits. Also, that wF~ereve? there is ~ referenc~ in the covenann ~nd ayreement~ hsrein contairwd ro~ny oi ~
f?K parfies hereto. th~ sarne ihsll b~ cwurrued to mean as wdl as fhe h~irt, kqal r~presentatives, successors ~nd as~ig~» (either volunt~ry by act oi th~
parties or involuntsry by oper~tion o} tl~e taw) of the sam~ and tMt the iovenants Mrein coMained sMll bind and tFw beMfit~ and ~dw~t~p~s inw~
ro the resp~etive he'wf, byal represenrativa, succsssors and asrym ot the p~n~ss hereto.
A++d s~id Mat9~gors, fw thcroselves ~nd thei~ he~n, lepal represenutives, successors and ~fiiym, hereby joi~tly and sev~rally cov~nant ~nd aqr~t
fo and with the said MORTGAGfE, its successas ~nd usi9na:
1. To p~y dl ~nd t;rgvlar th~ princ~p~t and inrere~~ and the v~.ious ~nd sundry sums of mo~ey psyabl~ by virtw of said promi~~y nof~. ~nd thi~
mwtyape, sach and ~very, promptly on the days respecrlvdy th~ um~ itvtr~lly betar» dve.
2. 1o p~y ~II ~nd s~npufu tM fa:e~. ~uesunents, I~vies, li~bitities, oDlq~fions ~nd a,c~mbranc~s of tvery n~tw~ ~nd kie~d now on a~id de~uib~d
w~Y. a rha~ here~h~r may be ~mposee, wfter~d, pl~csd. Iwied, or auased iheraon, a that hereaf?n m~y b~ I~vied or uses~ed upon thh Mwq-
a th~ ind~b~~dn~u ~ecured M.~by, eacb a~d evNy, wh.n dw •nd p.~•ble, accwdinp to law, b~ta~ th~y becwn~ delinpuent, ~nd b~fw~ ~ny int~r„t
Y
s•+aches o~ ar!p penalty K incu~red; AND INSOiAR AS ANY THEREOF IS Of RKORD THE SAME SHA(t SE PROMPTLY SAi15fIED AND DISCHARGfD OF
GECORD AND TME ORIGIR'AL OfFIC1Al DOCUMENT ~SUCM A5, FOR INSTANCE, THE TAX RECEIP~ OR THE SATI$FACTION PAFER OFfICIAtIY ENpORSE~
CR CERTIfIE~I SHAII 6E PtACED IN TME HANDS Of $Alp ARORTGAGEE WITHIN TEN DAYS NEXT AiTER PAYMENT; ~nd in the ~veM that ~ny thNwf b not
~a~d. sat sf~ed a~d div_hary~ ta d/AORiGAGfE m~~ •r •ny t~me p~Y tha same or sny pi~t ~hereoi wi?hout wiivinQ or •Ifectinp ~ny option, li~n, puity w
•,~ht ~nde? a by vinue of this morrgage •nd ~he full a~*+ovn~ ol e+ch and •very ~uch p~yrrKnt sh~ll be immed~~tely due and payable ~rtd sl+~ll be~r inte~qt
~.om the d~te th~reo( urril pa d•+ nre of r,;ne per cenrvm per a~num •nd toye~he. wnF~ •uch imer~s~ sMlt be secured by ~he iian of th:s morptsy~.
sao~ 192 16Q6
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