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THIS INOENTURE. Ma~s the lst d.r or 5e teaber A.p. ~y71 ~1111fe„~
_ Montra Davis and Florence McGee Davis~ his wife . •
o~ St • 1,L1C1@ Co~nty Florida, here~naf~er des~gnared as fhe "MORTGAGOR." and FIRST FEDERAL SAVINGS AND IOAN
ASSpC1AT10N OF FORT PIERCE, a corporatio~ org~ni:cd snd exiiting under the laws oi ~he Vn~tcd Sta~oi ot Americe ~nd havi~p itt princepal pl~c~ of
business io tM City of Foat A~e~ca, St. lucie County, flaida, herei~af~er dcsigneted ss ths "MORiGAGEE."
WHEREAS ahe MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S?.! good and lawful money ol the Un~ted
S~ates adva~ced by the MORTGAGEE unto the MORTGAGOR, as ev~denced by a tertain promissory nota of even date herewilh, of which the iollowiny in
word~ and (igures is a Irue copy, fo-wit:
_'7~ SOO • 00 t,~,~,~? ~ 3 58
fort Pierc~, Florids, September l~ 19 7j
fa vatue ~eccived, 1, we or either of ~s, prom~se to pay, without de(alcation, to rhe orde~ of FIRST FEDERAI SAVINGS AAtD IflAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, ~he sum of S~-l-5~•~ ~ w~th lnterest irom date at the rate of _8~0 90 ¢e~ rnnvm, in moMhly install-
n~ents as foltows: s-72 on the _1St daY af _Novenber ~9__?~ and a like sum on the correspond~ng day of each month the~e-
afte~ unlil the whok be lufly µeid.
Fach instalt~t~ent first shall be app~ied in pay~ne~f of tt~e i»terest and ~hen on the unpaid balance of the prinupal sum. It defauh is made in ths
~ ayment of any msta~lment whrn due, a~d such default cont~~~ues 30 days, then at the op~~on of the holder, snd without any othe~ notice, atl the remain+ng
~~~srallments shatl be due and payabte at once. P.ivitege is givrn to preFay lhis ~ote in whole or in part at any time without penalty. Neither forebearsnce,
nor accepqnce by the holder the~eof after any delault in any paymenb hereon, shall be deemed extension. A late paymeM charge of =~a.~_, aMll be
~dded to each installmem remaining o~pa~d 7 days affer its due date, end a I~ke aum ihall be add~~d to each such inatailment remaini~g ~opaid 7 days after
each succeeding payment date.
Each maker, surety and endwser hereof, jointty and severally, waives demand, nresentment protest and noti~e of p~otest for nonpayment, and turther
agrees to eny extenaion of ~i~ne o( payment, eithr~ bef~re a after matunty, without not~~e to any of us; and to pay all costs of tollection, including a
~cisonabte attorney's fee in the even? of eny detault hereurrcler, and hereb~ sevcratty wa~ves aN benefir of homestead and exemption under the constitution
.,•~d laws of each Srate of tbe United States, as aga~net this obfiyafion w any extension or renewal hereof.
Witness ~he hand and seal of each part~.
s/Mont ra DaV 15 ($EAL)
(SEAU
s/Florence McGee Davis ~,~i~
$11. «
2 S 1 Sute Revenue
iS )
NOIY, THEREFORE, Ihe MORTGAGOR for the purpose of securing payment of said sum of j 7~ ~0~~ ~nd the performa~ce of ths
cavenanb and agreemenrs hereinafte? t~qcssed, and for divers good and valuable tonsiderotio~s, by theie presents, does grant, barqain, sell, remise,
re!ease, convey snd confirm unto the MORTGAGEE, its succe~so~s and assigns, all that certain lot, piece w parcel of land, situate, lying, and beinp in the
Couny of St. Lueie and State of Florida, dewibed as iollowi: .
Lot 10, Block 3, SO~JTF~RN VIEW ADDITION, as per plat thereof on file in Plat
Book 9, Page 44, Public Records of St. Lucie County, Rlorida,
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togelhet w+th all and singular tF~e tenemcnts, hereditaments and appurtances thereunto belw~ging or in anywise appertaininp fherero, and ~II rents, iuws,
p~oceeds ~nd prof~ts accruing and to attrue from said premises, all of which are included in the above and forepoinp d~wipiion ~nd h+bendum.
TO HAVE AND TO rOID she sbove described snd granted prem~ses unto the said MORiGAGEE, its suuesson ~nd ~ssipnt fweve~. Md the sald
their ;
MORTGA R fa Fxirs, executors, administrators and assign~, hereby covenanU with the taid MORTGAGFE, iri uxceswrs and ~sslpm, t
t ey_ a re
rhat tswfutly ui:ed of the wid prem~ses in fee simple; that the sams us frse, ckar and dischar~ed from ~11 IitM and Mcum~ ~
i
brarcei in iaw or in cyuity, end rhat they will and their heirs shsll warranf ~nd defend the titb to tM ~ame to tFw s~id ;
MORTGAGEE, its tuccesso?s s~d ass~g~s, forever ayainst the lawful claims and demand~ of ~II persons;
FROVIDEO, AiWAYS that if the MORTGAGOR shatl p~y unto the MORTGAGEE the promiuory note hereinbefote deuribed and sFu11 truly, promptiy
and fu(ly pcrform, d~scMrge, eaecute, complete, comply with ar,d ab~de by each and every ti~e stipulations, ~reements, conditiom ~nd covtnanri of uid
GrOmissOty note and of this Mortgage, the~ thit Mwtgage and the Esiate hereby cre~ted sMll cease ~nd be nul~ and wid.
IT IS UNDERSTOOD that the wad "Mortg~gor" whether in the singular or plunl anywhere in this Mortpps, shall b~ sinpulu if oM only and
?hall be pl~ral jointly and teverslly ii more 1h~n one, and that the wwd "their" as used anywF?ere in this Mortypt shal) M taken to m~~n "his.'• ••M?s,••
w"irs," wherevcr the conte:t w implie~ a admits. P.Iw, that whereve~ there is • re(erence in ~he covenants ~nd aqreements her~;n cw~t~iMd to any of
+he parties hereto, the same sha~l be co~suued fo mean as well the heirs, leyal representatives, succssswt a~d aui9r» (~ither voluMary by scf of the
pa.r~ei o~ invotuntary by operation o( the !aw) of fhe s~me snd that the covenann hcrein contained shall bind and tM bsnelit~ ~nd ~dv~nt~a inw~
+o the respective heu~, kgal represenrotives, wccessas and •ss~gns of the parties hereto_
And •~id Mwtypon, ta them~etves ~nd rheir heirs, legal representatives, iucceswn and ~fiipns, hereby jaMly and ~tvtrally cor~nant ~nd ayr~t
~o and w~th ~he sa~d N40RTGAGff, irs successor: and as~~gm:
l. io paV ~11 and ~inyul~r ?he printipal ~nd infereit and the wrious and sundry sums oi mo~ey pay~ble by virtue of s~id promistory not~. ~nd this
mortQape, e~ch and eve~y, p.omptly on the d~ys rnpecrirely the s~me sev~r~l{y becane du~.
2. To pay dl ~nd ~7ngul~r the t~xes. ~fsestiments. I~v~es, liabilities, obli9atiom and encvmbranc~t of every natur~ ~nd kind ~ow on s~id dtwib~d ~
p~ope~tY, u th~t hsredi~r may be impwed, su~ler~Q. Plxed. levitd. w~issssed tlureon, w IMt herea(ter m~y b~ I~vi~d or asutsed upp~ this Mot1p-
~g~, p tFN indebtedn~s~ secured hereby. e+ch and w~?y, whe~ due ~nd pay~bl~, ~ccudiny ~o I~w. tx(w~ th~y becant delinqwm. ~nd b~fw~ ~~y IntN„t
•~+ethes a•ny ~itn~lty it intu~red; AND INSQfAR AS ANY fHEREOf IS OF RECORp iNE SAME SMAIt aE PROMPiIY SAiI$FIED AND DIS~HARGED Of
RECORD ANO TNE ORIG1hAl OFfIC1Al DOCUMENi (SUCH A5, FOR INStANCE, iHE TAX RECEIPi OR iHE SATISfACT10N PA?ER OFFICIAIIV ENOORSEO
UR CER11iIE0) SHAII 6E PIAGED IN 1ME HANDS Of SAID MORIGAGEE Y~IiHIN TEN DAYS NEIfT AFTER P/1YMENT; and in Ihe tv~nt th~t any the~w/ fs rwt
pa~d, ui ~~,ed ~nd ditch~rqed •a d/AURTGAGfE m~y at •ny Gme p~y ~he ~sme p~ny p~rl Ihereo( wi~hout w~ivinp or •f(ectiry •ny optian, li~n, puify a
~.yht under or by vi~~ve ol IMs n~ur~g~ge end the lu~l smovM O~ e~ch •nd avery wch p~ymeN ~h~ll b~ immed~~iely due •nd p~y~bl~ •nd ~hdl b~ar iMHNf
~•urn ~ht d~te ther~p( vn?i{ pa,d ~r r~te o1 n,ne ~xr cenrum per •n~um,endl ~h suc i er sr •h~lt t~ s~cured by M~ li~n ol th• mo~Qlp~.
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