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THIS IND[NiURE, Made the 2'~~1 day of Avaust , A.D. 19
71., between
Richard E. BuchanQn and Rgba ~~ba,ppni his ~y~Q
of St. I.L1G1@ ,[ouny Flaida, he+einafter deignated +s ~hs "MORTGAGOR;' snd FIRST FEOERAL SAVINGS AND LOAN
ASSpC1AT10N Of FORT PIERCE, • corpwat~on organized and ex~s~ing undsr IM (aws of the United St~t~~ ot America and Mvinp iri principai plan of
busiMSS 1n tM Ciry of fat Pi~rc~, St. luci~ County, florida, hereinaiter dsaiqnatad i~ tM "MORTGAGEE:'
WHEREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in th~ sum oi =~1¢~~_~_ good and lewful money of the Uniled
$tatei •dvanced by the MORIGAGEE unto the MORIGAGOR, as ev~denced by a certain p~omisswjr Aote of even date herewith, of which the (oilowinp in
words and figv~et i~ a trvo topy, to-~vit: . ,
s~,Q„~ 200.00 ~ µo 3-~7 ~3q4
forl Pisrc~. Flwida, Augu s t 24 ~ 19~1 '
for value received, I, we a eithe? of us, promise ro pay, wi~houl defelcation, to the order of FIRST FEUERAI SAVINGS AND IOAN ASSOCIAIION OF
!
FORT VIERCE at Pat Pierce, Fbrida, ihe sum of S~Q1-Z~~Q w]~h interest (rom date at the rate of ~ZSo Fer annu~n, in monthly install- [
:~~ems as (olbws: 1~•~ _ oo the 1~ day of 1~u0~1~t 1q_~~_ and a like sum on the conespond~rq day of eath month there- i
after until the whole be tully paid.
Each installment (irst shall be applied in paymrnt of !he interesf snd then on ehe unpaid balance of tF.e prinupal sum. If default is made in tha.
paymenl of a~y ins~allmen! when due, and such defauH continues 30 days, then at tix option of the holder, and w~~hout any o1FKr not~ce, all the remaining
~~~stallments shall be due and payabte at on;e. Privilege is given to prepay thia note in whole or i~ part at any ti,ne withouf penalty. Neither faebearance,
nor atteplance by the holder thereof after any default in any payments hereon, shall be deemed e~tension. A late payment ch~rge ol ~ • 90 " shsll be
.3dded to each insrallmem remaio~ny unpa~d Y days after i» due dale, and a like sum shall be added to each such installmem remaining unpaid 7 dap afttr
each s~cteeding payme~t datg. ~
Each maker,.aucety and endoru~ hereof, jointty and sevrroi(y, waives demand, presenrment prote:t and not;ce of protqt fo? nonpayment, and further
agrees to any ~xtensian of time of paymenl, either before or af~er maturity, without not;~e to any of us; and to pay all costs o1 collection, includinp a
re~sonable attorncy's fee in the event of any defau~t hereunde+, and hereby severally waive~ al~ bene(it of homesfead and exemption undrr fhe corutitution
and laws of each S~ate oi the Unired States, as aga~nst 16i~ obl;gation a any exfens~on or renewel hereof,
Witness the hand and xa! of each pnrty.
s/ Richard E. Buchanon ~~U
R ~ (se~U
s/ Reba Buchanon ~y
~ $28.80 t state Reveeve •
lS~awptw~eM~d~ow~wliw~i~ wAe)
NOW, 7HEREFORE, the MORTGAGOR for the purpose of iecuring payment of said svm of = 19 ~ 2~. ~ , snd th~ pe?formance of fM
coven~nb ~nd agreements he?einafter expresied, and fw divers goad and wlwble conside~afions, by these prese~ts, does g?~nt, bsr9ain, sell, remise,
release, convey ~nd confirm u~to the MORTGAGEE, iti succeasors and assigns, all tha~ certain lot, piece p parcel of land, iituate, lyiny, and beir?~ in th~
~~~fy ~ cat. I.d1C1@ and State of Fbrids, dcuribed as follows:
r
Lots 1, 2 and 3, Block 22, RIVERDALE YACHT CLUB ESTATES
UNIT NO. 2, as per plat thexeof on file in Plat Book 6~
Page 40, Public Records of St. Lucie County, Florida, y
0
~ ~ IN PAI~HENT pF TAX~
OUE ON CLASS 'C IHrAhiCl6LE PE?SC!~1l P~OPERTY.
_ PC£S::Ai1T 70 G1Lr?~ "ft 2~;72;. AC1S OF 1941.
f~-~ PD~1~.HS, C1Eflc C~rCUit CpU;t
w 5 1:~ 1~ C t• r~~J t t~'.'~ ~s Agent fot CAhIfL N. KNpW1ES, JR
c~ DOCUN,c,`?TA~'~'_ ,Sit~~fc> l;~X St lucie Cou;.
~ z = _ ~i - - - - t~ Taz Ca!lector
~ - AUG25'71 j,~` • . •:°-j = - /
~ : 2 ~ ~ 0 = el? al~t/
N CEi1.4f REL~ECtl[ " ~tt
~Q. Il01 tz __~`"~'F -
iogethe~ witi? sll and singular the ~encrosnts, heredi~aments and appurtances thereuMO belongirg or in anywise sppertainirg thereb, and ~11 nnri, iuwa,
proceeda and profits accruing and to accrve from said premises, all of wFiKh are ir~cluded in the sbove and fore9tNnq descriptan and habendvm.
TO W?VE AN?D ~T,O HOID the above dewibed and granted p?emises unto the said MORTGAGEE, its wccaw~s and ~ugns fuevN. Md thr iaid
MpRTGAGOR for -`r•e f r heirs, eaecutors, +dminiitrators and sssigns, hereby covenants with tht said MORTGAGEE, its sva~s~w~ and sssiper,
~hat S hey=a~Q Iawfully se~zed of the said p~em~ses in fee simple; that the s~me ~re frtt, ckar and deachar
ged from all liaris and entvnr
b~erxes in I~w a in equity, and that the witl and their hein shall warr~nt and defend /M titl~ 1o the ~arr» to tht saW
AAORTGAGEF, its succeuors ~nd auigns, faever ag~inst the lawful claims a~d demands of +II perwns;
PROVIDED, AlWAYS 1Mt if the MORTGAGOR sh~l! pay unto the MORTGAGEE tF~e promiuoty note i+e~~i~before dtsuibed and ahalt trvly, promptfy
and fully perform. discharge. e~eecuts, compk~e, comply with •nd ~b~de by e+ch ~nd rvery the sripulationt, aQretme~b, cawlitions and cown~nri of said
p~om~sswy ra~e and of th;s Mwfgsye, rhen this Mor+gsge and the Estate hereby veated sMll ce+a~ ar~d be null and void.
IT IS UNDERSTOOp thsf the word "Mafg~goi' whether in fhe eirqula? a pl~.al anywher~ in this Mwtyaye, ihall be tinpulN if on~ only ud
ahall be plurd "pimly ~nd severally if more fha~ ons, snd fha~ the word "f heii' as used Mywhere in this Mwt9ay~ shal) be ?~ken to rtKan ••his,•• ••iNrs
w"its," whertver the context w implies a admits. Also, that wherever there is a nfaence in th~ coverunts ~nd ~eements herein contairwd Io ~ny of
~he p~rties 1+~rero, the same ahall b~ construed to me~n as well aa tM hein, leg~l r~pre~ent~tive~, ~uccesw~s and sssi~m (ehhtr wlu~tery by ~cf of tM
partitt or involunt~rY by operat'an of the I~w) oI the :~m~ snd t~1f rhe covenant~ herein confained sh~ll bind and tM b~nefiN ~nd dvaMapss i~ur~
to /FK resp~ctiw heirs, i~y~l represent~tivcs, succeuas and ais~yns Oi' the parti~s hereto.
Md said Muty~go?a, (w themselves and their hein. ~qal r~esent~tives. successa~ u?d auiyns, hereby jointly ~nd s~wral~y cwenant and a~r«
to ~nd with tFw aid MORTGAGEE, its succcssors and ~ssiqm;~ '
1. To pay ~II and ~inyulu tM pri~cipal and interesr and tt~t wrio~s and iundry wms of na~eY p~Yabk by vi~tw of said promiitory noq, W+d thh
morty~pe. ~ach and wery, pomptty on iM days re~pea~vely th~ same ~ev~r~lly beccn+~ dw.
2. To p~y ~11 and anpula~ the t~aes, a~sessmcnq. I~vin, liabil~tief, obliyations and ~ncumbranc~s of every n+tw~ ar+d kind now on saW d~wib~d
props+fy, or that he~saft~r may bt imposed, iuffered. Pl~ted. tevied. a~stNad fhenon, p that htrta(te~ may b~ bv'ad a~sns~d upon thb Mat¢
ape, a th~ Ind~bt~drrss recwd her~by. ~acfi a~d ~rery, when dw and payabl~, acco~dirg to I~w, b~fw~ th~r beco+rn d~linqwnt, snd b~iw~ My Mt1fH1
~naches or any penalty it incuned; AND INSOFAR AS ANY 1HEREOf IS OF RECORD THE SAME SHAII dE pROMPTIY SA115FIED ANO DISCHARGfD OF
RECORD ANO THE ORtGtNAI OFFICIAI DOCUMfNT (SUCH AS, fOR 1NSTANCF, TNE 1AX RECfIPT OR THE SATISFACTION PAPER OfFIC1AtlY EPlDORSED
OR CERT{fIED) SNAIt 6E PUCED IN iHE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in tM evtnt that ~~y t1~~of b nW
p~id, a~t afied •r.,i difchargcd ~a d MORTGAGEE m~y •t any tima pay the ssmr or any put fhcreof withovr waiviny a dfeclinp iny option, li~n, puity p
•:Qhf unde~ o~ by v~rfue oi this mortgsye ~nd the full amw,nr ol e~ch and every such payment ~hall b~ immediately dw and pay~bl~ •nd ~F?~II b~~r intM~i~
hpn ~he date th~reof uni~l pa~d at rate o1 n~ne per ceroum per •nnum ~nd toye+her w~?h suc~i im~r ~t II be fecur~b~ lie~ o( fh:• mwyrp~.
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