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iHIS INDFNTURE. Alad~ ~n~_ 22nd d,y of July A.0. 19~ betwNn
Fred A. Schanze,,,._Jr. and Jopce Schan29. hi e vt~_
- - r.. ; '
'gt• ~ili~ie ~ County Fbrida, hKe~natrp d~s:g~?ared ss ~he "MORTGAGOR," •nd fIRSi FEDERA; SAVINGS AND t~AN :
ASSOCIATION OF FORT PIERCE. • corporat~on oryu~ized and ex~sring ur+der tM lawi of fAe Un+tsd Stsr~i of America and Aavinp iq principal plau ot !
b~s~neu in ths Ciry o( Fon Piac~, St. luci~ County, Fbrida, Fareinafttr de~ipnated as tl» "MORiG~AGE~E." t
WHEREAS th~ NlORTGAGOR ia jviNy indeb~ed a th~ MORTGAGEE in 1M aum of i 13~ -~v ~~Q good and lawful moaey of the Un1~ed
S~atei advanccd by tAe MORTGAGEi unto tAe MOR(GAGOR, as evidrnced by • ccru~~ wom:uory note o) even date he~eM~rh, of wh:ch the (ollowinp in
rords and figuret is a rrw copy, lo-wit:
s~...3.500.00 ~,b, ~
_ . Fwt Pierce. Florida, Jul~ 22 19~ ~
Fw val~e ~eceived, 1, ~.e w eifher of us, p~om~x to pay, without det~lcanon, to the orde? of FIRS1 FEOERAI SAVINGS ANp LOAN ASSOCIRTION OF
F~?Ri PIERCE af Fort Picrce, Fbrida, the sum of S__~3,~~1[s.]lSL_ _ w:th intr:rst frcm date at the ratr of?a j~e per annum, in monlhly i~uall-
~ ,.r„rs as ioltows: 3-~~.iQQ_ on thr _Z$~ da of Navember__
y , t9.?Z_ a.~d a like sum o~ !he ca~espond,ng dsy of euh month tne~e-
ei~rr un~il the whpli be fult~ pa~d.
~ Eath ~nStali,»rnt iir=t shall be appl~~ in payment of the interest and thrn on t{x unp~id balanic of the princ.pal sum. If default is :~ade in the
\ ; a;~nent of any instaUrnent whrn d~e, ar.d such dr!autt cunt:nues J(1 days, then at the opt:cn of ~he FwSder, artd w;!hout any athe~ no!ke, aSl the mneimng
~ ~~srali~~nts shail be dur ~ad yeya~:r at onia Priwie~e is yi~an to prepey thfs nore :n whoJe or in gart at any t~me withcut penaity. Nr~~+~hr~r f~orrbearante,
~ ,or acceptanr.e by ~hc holdrr thereof aitr~ ar:y defauli :n any psymerts hercon, shell be deemed extension. A late payment charge of Sa~• ~7_, shall be
~ ~d~ed ro each ins~a~:~nent ~lma~niny unpa,d 7 days after its dw date, +nd a hke sum shsll added to each s~ch ios~a~tmen~ rema~m~~g u~paid 7 days aiter
, ea:h suCCeediny peYn:ent datr-
~ Exh mal.er, surety end cndorser hereof, jantly and teverally, wa~ves demand, (+resentmr~f prote~t and notice of pro~ea! fw nonpayr.k~t, and further
ag.ecs to aoy eatens~ of runi of payment, eithrr briore a a(ter matunty, without not~ce to any o( os; and to p~ay alt ioars of tottecNon, inc!ud;ng a
r~.asonable at~oreey's fee ~n rhe evenr of eny detau:t he~eu.:der, and hereby severalfy wa~res alt benrf~t of homrst~ad and exempt~a~ under the constitution
~ ~•d Iawa of each S+ate ot nc~ Unired Sra~rs, aa aga~nst this ob:igatioo w any extens~on ur ranewal hereof.
~ W~tness the hend a:~d seal of rach party.
~ /s/ Fred A. Schanze, Jr. ~A~~
ISEAI)
. /s/ Joyce Schanze ~f~i~
t~ ts~?u
~ l- ' 2 Sta?,~ Revenue
~ NOVV, THEREfORE, the MORTGAGOR 1or rhe purpose of securing payment of sa+d sum of S 13 s 0. ~0 snd ~he pe.formance of ths
covcnants ~nt~ i9rKmM~3 hereinafter e¦p~essed. and fw d~ve~s good and v~luabte cons~derat~ons, by thex presents, does g~anr, bar9ein, sell, ~~mi3e,
re:ease, convey and coni~rm ~n o the MORiGAGEE, i1s succeuo.s and augns, al1 that ce+taio Iot, piece w pucel of tand, situate, lying, and bein.g irt the
County of `St . ~uC i 9 u~d Sute oi Ftorida, described ~s fo7low~: ~
Lot 18, Block 4, CORAL COVS B~ACH SUBDIVISION -
S9~:TION I, as per plat thereaf recorded in Plat
Book 11, page s 30 -A and 30 -B, publ ic rec ords of
St. Lucie County, Florida,
o~
~ w w?~ o~ T~uc~s
'C INTRtIGIBIE PER90i~lA~ ~PEW'~.
1~ ~~~pp7fR 2072~, II~TS OF 19~1•
w 1/-~~1 l.._ l.? u i:T' ~1 ROGER P0ITRAS. Cle~h q~ui1 Ca~:tt '
c~ i~' _ X tot QANIEI N. KNOWIES. 1R
; ~:;C;.~.• T : ~ - 3S A$ert
= z' 7~ 2 0 2 5~ St lucie Cout?~ 1ax Collector
N V 6-~t.9f I:~i~.E' ~
fI J _ ~~~.~,/~,G~ (;LERK
~9J112 - ~
;
+cgetl+N w~th all and air+gul~r the tenements, heredi~sments snd appu~tsnces thereunto belwging a in anywise ~ppenai~iny thersto, and ~11 r~nts. iuws.
o~oceeds u,d p~of~n xcru~ng ~nd ~a sccrue from s~+d prem~ses, aN of wh~ch are inc4~dec1 in t!K ~bwe ind fae9oi~ng dexriptton ~nd habendum.
TO HAVE AND JQ ~lp rAe above deuribed and gran~ed p.em;ses unfo rAe aaid :..0)tTGAGEE, ifs wcceison and assigns fwever. Md tM said
tlle r
ti!ORiGAGOR (w }~eirs, execvtors, ~dm~nisrra!o~s and ass~gns, hercby cove~u+ts wi~h tMe s~id niORiGAGEE, in successars snd auiqro,
rhar -81~-8- Iswf„IIy ~,eiied of the said prem~ses in fee simple: th~t tFk same ar~ lr~e, ckar ~nd dixharped from all liens and ~ncun+-
o.ancss ~n law a in equ~ty, and that~_ will and thei r hein shall warrant ~nd defc++d tM title ~o the s~rrr to th~ said
MQRTGAGEE, ifs successo~s and assgns, foreve~ again» t4+e Iewivl claims and drmands of ali persons;
VROVIDED, AIWAVS shat if the MORTGAGOR shalt pay unto the NIORiGAGEE the p~omiuwy note he~einbefore dexribcd and shall t~uty, promptly
e~d full~ perform, d~scAar9e, execute, comptefe, comD~r w~+h +nd sb~de ~y each and cvery the stipul~t~w~s, preemen», candi~io~s and covananb of uid
F.o.nissory note and of th~s Mort9age, tF,en th;s Matgage and the Es?ate hreby cre~ted shall ce~se and be null ~nd void.
IT IS UNDERSTOpp that the word "Mortggw" whether in fM sing~lar ot p(wal snrvrhere in th:s AAwt9s9e. ~halt be s~ngu~~ if one only and
shatl be plurd joi~t)y and severilly if more than one, and that the wpd "the"a" ~s used anywhcre in th~s Morty~ge sMlt be ta4en to me~~ "hif:• •'1»n.••
c. "in:" wherever the conteat so implip or ~dmas. Also, tha~ whcrever there is a refercnce in the covenan» and agreements herei~ cont~ined to a~ryr of
~he pan~es iKreto, the sane shsl3 be constr~ed to mea_n as wdl as !he he«s, kya! rtpresentat;ves, successors ~nd ~ug~s (either valunfary by act oQ the
pan;es or involunruy. by operatio.+ of ihe law) of ~he same u+d that ~ie covenams herein conui~ed shall bind ~nd the benefin and advamayes inw~
~o the rvspettiv~ he"us, kyal repreaentanv~s, successors and au~9ns of the part~es hereto.
And said Mortypors. fw tF+emselves snd thein c~irs. ie9a1 cep~escntarivp, successors and auiprrs, hereby joinrly and sev~rally covcnant ind pree
ro and wi~h the said MORTGAGEE, ~ts svccessors and au~gns:
1. 1o pay sll and ~~-~pular the prirrupal and emerett and tM wrious ~nd sundry wms of rnw~ey ps~abl~ by v~rtw o4 ~aid wom~sswy nW~, and this ~
mwfysye. ~~cl? a.~d every. PrompHy on ~he days respecrively the sam~ wvtratfy becom* dve.
i
2. To pay ~II ~nd singul~r N~e ~ucs. assessmcnn. tevics. 6abili~ies, ob!iqar~ons and encurnbrances of every oatu.e ar~d ~:++d now fln sa:d descr:,~-d ~
prope~ty, a~ha~ hereafter may be ~mposed. tuffe.ed, p~aced, ieried. a~sses~ed ~hsrew~, w tAa~ hereaffer m~y bt kvied w~ssessed upon this MwtQ- :
+~e, or tM indebt~dncss ~ecwed hereby, eacf+ and wery, wAen due and payable. accordi.+y to I~w, befwe the~ becomt dtlinqven~, and befwe ~ny interett
a+~ec?~es o~ artp penalty is intu.+ed; ANO INSOFAR AS ANY THEREOF IS CF RKORO THE SAME SHAIt dE PROMPitY SATISFIED ANU DISCHARGED OF
RECORD ANp THE ORIGINAL OfFIC1Al L10CUMENT ~$UCN AS, FOR INSTANCE, THE TAx RECEIPi pR TME SAiISfAGiION PAPER OFFICIAtIY ENDpRSED ?
OR CERSIFIED3 SMAII dE VLACED tN iHE HRNOS Of yitp MQRTGAGEE WIiHIN TEN OAYS NfXi AF1fR PAYMENf; and in the event ~iut any tt~ereo( is nq `
ya~d, sa+sf~ and d~xhar7ed sa.d MORtGAGEE m~y at any t~me pa~ the same or any part thcreof wi+hw;t w~iving w a}(ecring any optwo, f~en. equiry a
•~qfit u.~drr w by v~rt~e of this mo~rgage a~+d the Ivtl amo~nt of each an~ every wch paymeM shall ~~mmed~~tely due and payabte and shall bear interes~
~~o.+. the dare thereo/ unr~7 pa~d a? .are ol n:ne per cer.r~m per snnum ~ Ro9e~he w~rh such mures+ sMll be secu.ed by the I~en of fh s morflrs~e.
sa~K 194 680
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