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THIS INOENTURE, Mad~ the i~th day of $~t@~@r A.D. 19 7Z between
Rran,~Waldro~, Sr. ar~d BstiQ Waldrop, his wift
6.
of St •~.qC~@ Co~nfy flaid~, haain~ilN desiqnated as th~ "MORIGAGOR," ~nd iIRST iEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • COfPO?~?ipl Ol4Mitf~ ~nd ea~stinp und~. tM laws of tFw Un~t~d Staas of AmNica ~r+d havirp iu p~lMipai piac~ of
buun~t~ In tM City of fwt Pi~.c~, St, l~ci~ County, Flaid~, Mr~inalter de~ipn~~ad ~s tM "MORTGAGEE:'
WHEREAS IM MORTGAGOR is juttty ind~6t~d to tF» MORfGAGEE in tM sum of =_u~~Q~a.(~~' good and lawful money of ~he Un~ted
Stares adwnced by ths MORTGAGEE umo tM MORTGAGOR, •s evide~ted by • ce?lain prom~ssory nott of ~ven date horewith, ol wh~th the followlnq in ~
wo~di and fiyu~a is a vu~ copy, towit:
S l i a.~_QD 3••17 ~ 381 ;
For1 Pierc~. florid~. S~pt~e= 10 ~ 19 71 ~
for wte?e received, I, we w ei~her of us, prom;u fo pay, withovt de;alcaiion, ~o rhe order o( FIRST FEDERAI SAVtNGS AND IOAN ASSOCIATION OF ~
?c~Ri PIfRCE at fort Pierca, Floride, the ~um af : 11~.9~~~ ~ w~th iMere~t (rom date e~ ~hs rate o~~~9~ per ~nnwn, in monthiy instalb ~
n*e„~i as follows: S99~OO o~ tF~e ~4~ day of NOV@l~~I__, 19 71 ud a iike sum on the cwra~pondinp day of eoth month there- f
eiter until ~he whole b~ fully paid.
Each inaullment first sMll be applied in p~yment of 1he intere~t ~nd ~hen on the unpaid batance oi the principel sum. If d ault it mads 1n tM
~ ayment o/ any iru~allmcnt when dw, and such defavh tontinues 30 days, theo d th~ option of Ihs holder, and without any otF~~ ~otice, all the ~emaini~
~„stallments shall be due and payable at once. Privileye is yiven ?o. prepay thii note in whole or in pa~t at any time withoW penatty. Nenhe~ faebearance,
nor ~tteptance by the holde~ thereof aiter any dnfault in eny paymenb hcrcon, shall be dec~ned eatension. A late payme~t ch~rge o1 S-'St-~_, shall bs
added to cach installmenr remainin~ unpa~ 7 day~ atl~r Hs due d~~s, and a I~ke sum shall be added to each such ins~allment ~emeining unpaid 7 dsys ~Iter
each suct~edirg p~yment date.
Each make~, surety snd endaser hereof, jointly and severaHy, waives demand, p~esr~tme~t protest and natice ol protesl for rto~payment, and turthe~
aq:ees 1o any extension of time of payment, either be(ore w afte~ mawr'~ry, without nohc~e ?o any of us; and to pay all co~ts of collcc~ion, inctudfn9 • j
.eesonable atto~ney's fee in the event of sny detault here~nder, and hereby severally waives all b~nefit o1 homestead and exemption u~der the cautitution
and Iaws of each State of the United States, as sya~nst this ob~iguio~ p any extension a re~ewat Aereoi.
Witness ~he hand ~nd ual of each party.
s/ Rranlc/Waldrop, SY. ~~i~
• (SEAI)
~ _~f Qstie Waldrop ~~q
$ I6. SO
i- a S~ah Rev~nw
t5tallNe MMfYt~ !t ~eiplt~J»It~
NOW, THEREfORE, the MORTGAGOR for the r li 0~~~
pu pose of sccvring payment of said sum of S ~ and ths perforrrN~c.e of ths
co~enanri and ~y?~ements hereinsiter expressed, and ior d7rers good ar+d valuable cons~derations, by these presents, does q?anf, barqain, selt, ~em~se,
release, convey •nd confirm unto the MORTGAGEF, itf successws ~nd +uipns, ~II that certain lot, piete or parcel of land, siluate, fying, and beinp in the
Counry of - $t . L.tiCl@ ,~nd St~te of Florida, dewibed ~s follows: -
The North 5 feet of Lat i and a21 of Lot d Resubdivision
of wiest 1/2 of Black 1, FAIRMAUt PARK ~ as per plat theze-
~ • J
of on file in Plat Boc~k 8, page 8, Public Records of St.
Qx~;ilfli~l~lllii ui i
~ Lucie County, Rlorida,•/ ~
^ ~ ~
f~,_; ~
C~ ` ~
_ ~ ~
.._,~~f ~ ~
~ ?he aortgagors herein furthe= cover~ant that m~
they are the identical persona naa~es as partiQS ~ i~ ~i
- ~ 5 ~ aa
' ~ ' of the second part in those ArticlQa of AgrQe_ =a i~
~ W« aent dated Septe~ber 19, 19G9, and recorded in ~ z ~
y~ ~ _ P O. R. Book 180, page 1296, Public Records of o~
~ ~ ~ St. Lucie County, Florida. ~Q _ o ~
ai ~ g r.
;.!,^~~;illIIIIIoG:
~ ~ ~
~
~,.1!Vf10J ~S~ 13 v''i cb'
~~di~~ '1S ;
roqether with all and sinqulsr the tenements, he~edit~ments •nd +ppun~nces therwnto b~bnqiny or in anywise sppertainirg fher~ro. ~nd all renrs, iuues.
proceeds ~nd profin Kcruirp ~nd to xcnx from aaid piemiss~, il) of which ~re intl~~ded in the above aed fweyanp de~tription and habendwn.
i0 H/1VE AND TO HOLD tM abovs dewibed and 9r~~ted premises unto tht uid 1MORTGAGEE, its iuccessors H+d +~si~ns for~v~r. And tM s~id
MORTGAGOR fw ~h~lY ~;n, s:ecutors, adminiitratws ~nd assiyrtt, hereby cov~nsnts with the s~id MORiGAGEE, i» wcceuan and ~ssipro,
,h~r lawfully se~zed of the ssid premises in fe~ simple: tFut fhe aame ~re fr~e, cles~ ~rd diuh~r~ed from_~11 lien~ and ~ncum-
or~ncss ~n law a i~? equ;ty, ,~,d tn,r_ they ,,,,;p Ltlt~ t hein sMll warrant and defend ~M title ro tM sam~ to tM wid 't
MORTGAGEE, it~ s~rcussora ~nd au~yna, iwever a9airut the I~wtul daims ind dem~r+dt of alt perwru; t
PROVIOED, A/WAYS tMt ii the MORTGAGOR shall pay unto the MORTGAGEE tF» prom7ssory note her~inbefa~ dexribed and shal) truly, promptly
?nd fu1lY periorm, d~uM.yt. ~xacut~, compleft. comply with •nd abide by ~ach ~nd wery the stipularionf, ayrKrn~nts. conditions snd covenama of said
p~omliaory note and of this Mwtqa~e, tFxn this 1Morlyaye ~nd th~ Et~ate h~r~by ueated thaN uas~ ~nd b~ nu11 ~~d void.
IT IS UNOERSTOOp tf?~t tht wwd "Nbrt9~yor" whether in tFN ~inpulu w plural anywM?~ in th;i Morty~p~, sMll bt sinpular if or+~ only ~nd
ahsll be ptural pimly N+d sev~rally if mon 1Mn on~. •nd thaf tM wad "f heir" ~s used ~nywhers in thh Mwtyay~ sh+ll b~ t~kM to rrwan "hi~; ••.hen
or "i»:' whereva tM tonl~at w implits a admiu. Also, that wherever the~e is a refe+~nce i~ IM covenann ~nd prt~rrKn/s herein cont~ined to ~ny of
rhe psrties lwreto, t!r ~am~ ahalt be const~ued to mein ~s w~ll as th~ heirs, leyal r~pr~ent~tiv~~, succ~ssors and auign~ (eith~r wlunfary by act of tlx
pu~i~s a involu~t~ry by opera~ion of ~FM I~w) of fhe •ame and thar the cove~+nrs herein contained ~hall bi~d and ti,~ benefin and sdvanlay~s i~w~
fo the r~sp~etiw h~"u~, Ipal ~~es~nt~tir„, ~ucceuas ~nd asryns o( t1w p~rti~ l~sreto.
And ~aid Mwtyaqors, fo. themf~lr~s N+d tMir 1+ein. !pa! rep~esent~tivq, succ~swn u~d •ui9ns, her~by joimly •nd Mv~~~lly COVeMnt ~tKI prN
ro~nd with tF~ wid MORTGAGEE, in fucc~sson ~nd auiyns:
1. To pay ~II and sinpular tM ptintipd ~nd inttr~~t ~nd tM vario~s and sundry wm~ o+ monty p~y~bb by virtw of taid promi~wry not:, and this
mw~9ap~. ~ach and wery. prompfly on fhs d~ys refpectiv~ly tF» ~~me sw~r~lly becortw dw.
2. 1o pay ~tt ~ne sinputN the f~,~n. ~un~nn. I~vi~~. li~biliues, aWiyatior?s ~nd *~1CUm~~MN of ~wry nsture and kind norv on a~;d d~scrib~d
p~op~.ty, or *I+af he~eahN rr?ar b~ 1mpoNd. w}}sr~d. pl~ced. I~vi~d, or ~wu~d ~herwn, a th~t her~~t~er may b~ I~vied a~waed upon thb Mwp-
~p~. or tM ind~b~edr?~u Ncw~d her~by ~~ch and ~wry, wMn dw ~nd p~yabfe. ~ccwdirq to bw. b~fwe tMy becae» d~linqwnt, N~ bt~W~ My MItNHt
+~~scMs oi ~ny ptn~try if incurred; AND INSOFAR AS ANY TMEREOf IS OF RKORO iME SA1Vtf SHAII OE PROMPiIY SAi1SfIE0 AND OISCHARGED OF
RECORO ANO TME ORIGINAL OFfIt1Al OOCUMENi (StKM AS, FOR INSTANCE. TNE 1AX RfCEIPT OR THE SAi15FACTION YAPER OFfIC1AllY ENOORSEO
Oit CEQTIftEO) SHAIt 8f PL/1CED 1N iHE MANQS OF SAID MORIGAGfE WliNlN TEN DAYS NEXT AF1ER VAYMENi; •nd ~n tlu event ~M~ a~y ~Mreof a ~ot
p~~d, a~t ~f~~d ~nd rJ~y~A~rg~d ss d MORTGAGEE ~.uy •t ~ny t~me p~y tM s~me or ~ny part thereoi withput w~iv~~p a•f(ecnnp any optbn. fi~n. puity pr
•pM u~+da or by vin,~t of th~s nwrtype ~r+d the Ivll ~movnt of a~ch ~nd wsry such payrr~nt ~hatl b~ imm~d~ately due •nd pay+ble ~nd ~h~l1 be~~ iMer~a~
~ran tM dar~ ~Mrsp1 un~il p~~d •r ~~te o1 mne per centum p~. •nnvm •nd t~e~r~ld4ch ~~f~~~~ ~ecur~d by the I~en o1 ~i+~ mo?ytap~.
600K 1~~ ~
~
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