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THIS INDENTURE. AAad+ ths 2n~ - day of , NOVC:IIi~~('.Y • A.O. 19 71 between
Rolland M. Purdy and ElSie A, Purdv, his wife
of St. Lucie ~p~ny Flo?;ds, hereinafter dtsignatrd as the "MORTGAGOR," and fIRST fEDERAI SAVINGS AND IOAN
ASSp~IATtON OF fORT PIERCE, a corpaat~on org~n~zed and ex~~ting under the lawt of ths U~~t~d Sta~os of Americe end ha~~~ iti prindp~l place of
bus~nes~ in tM Ciry of fo~t Piace, St. luci~ Counry, Florlda, Fxre+naher des~9nated ss th~ "MORiGAGEE:'
WHEREAS ihs MQRTGAGOR i~ ju~tly indebted to ihe MORTGAGEE in the sLm of S- 2O ~~C qood and lewful money Of the Un:ted
S~ates adwnced by the MORTGAGEE ~nto the MORTGAGAR, ar evidenced by a certam promissory note of even datc herewitb, of wh~ch Ihe foilow~ng in
..ords and figures is a uue capy, to-wit:
s 2U~5(~.00 No 3'17,578
fort Pierce. Florids. November 2. ~q 71
for val~e received, t, we or either of us. prom~se to pay, wirhout defalcat~o~, to ~he order of fIRST FEDERAL SAVINGS AND IOAN ASSOGlATION OF
~ORT PIERCE at Fwt Pierce, Fbrida, the tum of S 2O~ w~~A inte~est from date at the rote of 7•?So pe~ annum, in monthly ir.stall• `
^xn~s as fol!ows: = 169.~ 15tday of -Jan~ry.___. 19__72 and a like sum on th~ torrospond~ng day of each month there-
e>rer until the whole be f~lly pa:d.
Each ~nstallment first shall be apptied in payment of the i~terest and then on the unpa~d ba!an~e of the pr~nc pal sum. If d ault is made in the
~ F~;mem of any imtaltment when due, and such ~efauh coniin~es 30 days, then at fhe op~~on of the hoider, and v.ithou~ any other not~ce, atl the remain~ng
~ sTafiments shail be due and payabfe at once. PrivJege is given to p~epay this note in whole or in F,an at any time w~thout pena~ty. Neithe~ fwebearance,
r.or acceptance by the holder thereof afrer any deiault in any paymenf: hrreon, shalt be deemed exrens~on. A!are payment charge of S__. 8! 4S shall be
•.i ied to each instafiment remain~ng unpa~d 7 days after its due date, and s Lke i~m ihall be added to each such ~nsrallment remaining unps~d 7 dayt ~fter ~
eacfi svcceed~ng paymenr dare.
Each maker, surety and endorser he~eof, jo~ndy and several;y, wa~ves demand, presentment protcst and nof~ce of protest for nonpayment, snd further
_ ~grees to any eatenswn oi rime of payment, e~ihe+ before w after marunty, w~rhout noece to any of ~s; ar,d to F~.ay aU costs of co!!eci~on, includ:ng e
~sonable arorney's fee in the event of any defau~t hereunoer, and hereby se~•erally waives a11 benrfit of homesread and eae~nphon under the con~titulion
~ • d taa•s of each Srafe of the Un~ted States, as aqa~nst this obligat~on w any exiens~on o~ rene.tial herPOf.
~ W~mess rhe hand and ~eal of each partv.
; s/ Rolland `y1. Purdy (SEAI)
,
(SEAI)
s (SEAI)
s s E s ie B. Pwr ~y (SEAI)
, ~ • 7 S ) Stet~ Revenve
s y$1~RI~F iiw0~~~ M ~M~ifli~~f1~M~
~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvri~q payme~t of sa~d sum of S 2O and the periormance of the
covenants end ayreemenrs hereinafter expressed, and for d~vers good and vaiuable co~s~derat~ons, by these presems, does grant, berga;n, sell, rem~se,
•~~:ease, convey and tonfirm unto the MORTGAGEE, iri succeswrs and assigns, all that certs+n tot, piece or parcel of land, situate, lying, and beirtg in ths
` :wnty of SL . L 4C It? ~nd S1ate of Florids, dew~bed as foilows:
F=
~ Apa:tm2nt Vo. C-1-101 of the CQLO~~INADES CONDiX~lIVIUMS NO. 1
according to the Declaration of Condominium recorded in O. R. ?
:
~
Book 18', Paye 769, of the Public Records of St. Lucie County, ~
Floricia, as a:n~nded by that certain i~struaent dated November
- 30, 19~0, and zecorded in O. R. Book 188, Pac;e 1748~ of the
F Puhlic !~~c~~~~~ of St. Lucie County~ Flozida, ?OGETF-~R y'ITN
all of its appurtenances accordinn to saic] ~eclaration,~/
~ 1
~ RECf1~~ S_~ IN PA'lNEMT Of T11XE$
C'''E C`I CU!SS 'C' INTANGiBLE Pf'tSCNAL P?OPfkTY,
` C.~ ~ t- }-l 1:-~'!~1 F:'}:S.:ANT 10 CttAPT~R 2^/<<, AG'~ OF 1lal.
- ~ :~r~=,:_. - ; X
~ z i-,-. - - frJG;R IC~1Tf~S. Cieri~ Grcu;t Court
J Y4Y-A'71 T'~':`~ _
o ~ F 3 Q 7 5` a~ Ager,t tnr DA~;l~l N. !(NUWLES. 1R.
~ : t: r:.: c~~~..: = St Lu~ ie Ccur:ty Tax Cel;ector
` P~.~9o~~i '
y By t,.%Z.,, ;
'ogethcr w~th all ~nd ~inqular the tenemenn. Mrediuments and appurNntes the~eunto belonyirg w in •nywite apperqininy the(x~~[~ ~enrs, isfut~.
_ p.occeds and prof~r~ ~ccruing and to accrue from said prem;ses, all of which are incl~ded in ~he above +nd fweQoiny description'~nd hab~ndum.
- TO HAVE ANO TO NOLD the above defcribed +nd yranted premius unto th~ wid MORTGAGEE, irs successors ~nd asa~yns forevN. And tM said
r:
th ir
? MORTGAGOR fw he~~s, e~eccutors, adminisrrators ar.d assign~, hereby covenant~ wi~h ~he said MORSGAGEE, its successors •nd ~ui~nf,
~Mt -Lh~-~r~--- lawfully u~:ed oi t1x ss~d pr~rn~us in fe~ simptr, thae the sam~ are +r~, dear ~nd d~scl+~.gcd from •II l~ens and encwn-
~ Dr~Mtf in Iaw or in eq~ity, and that t h~y _ w~lt ~nd t he i z _~;rs shdt warrant ~nd defend the titf~ to fh~ sarrk to th~ said
MORTGAGEE, it~ s~ccessors •nd assegns, fotevv p~inst th~ Iawfut d~ims a~d dcmands of •II persons;
PROVIDED, AlWAYS that if tFw MORTGAGOR shal! pay unto the MORTGAGEE tF+~ ptomisspy rtote htre~nbefor• dettribed ~nd sh~ll trvly, promptly
•nd fuHy p~rform, d+uharge, e:ecute, complete, comply wirh •nd sb:de by each and cvery rhe •tipvi~tions, a9rtement~, co~ditionf a~d coven~nq of u~d
- p.om.sswy r+ote and o1 this Mortp~ya ~hen this Mortflaye snd the Estate hcreby created thall ctase •nd be nult •nd vo~d.
IT IS UNOERSTOOp thal tht word ••Mort9sgot•• whNher in the ~inyulu a plur~l anywhtr~ in th~f 1No~tflaqe, shall be s~nyu~ar if one oniy ~nd
- shatl be pl~r~l pointly and Nveraliy if mote than one. •nd thal the word "'their" as utcd anywhere in th~s Nwr!g~fle shatl be I~kc~ ~o me~n "hi~..• •,h~n,,.
o~ `~r~," wherever th~ context so ~mplies d admirs. Aiso, that wherever there i• a rrference in th~ cov:na~t• and a~reement~ herein contained to ~ny ol
- rhe part~e• hereto, ?he same shall be const~~ed to me~n a• weI! ~s th~ heirs. kyal represenar~ves, s„ccessas •nd aiuqns (s~+Fu~ volunea?y by +ct of th~
- oart~es w involunrary by operarwn of ihe Isw) of fhe same s~d ~har ~he covenanr• he~c~n conu~ned shall b~nd •nd the benef~ts ~~d adwnta9es in.ir~
ro tM respective hars, tegal r~preuntat~res, iucceswrs and ~st 9ns of the parties Aereto.
And f~id Mortyagors. fw tFxmselvas ~nd th~ir heirs. lp~l rep~eunNtivet. auccestors a~d as~gns. hereby ~o]n~ly end severaliy cov~nant •nd a~ree
~~.j ro ~nd w~rh ~i+e taid MORTGAGEE, ~ts ivcccswrs and ~s~~y~i:
1. To p.~ •I! and •:np~lar the pnncipal and inte~est and the vanous •nd •~ndry sumt of rrwney pay~b~e by virtve of taid prom~sswy note, •nd rhb
: morrpa9e, each and ~very. prompt~y on rhe days respea~vefy ths same s~ver~lly becom~ du~.
- Z. To pay all •r+d •~nyu{~r th~ taxe~, ass~ssm~nn, lev~es, I~~biii~~es, oW~9sreons and sncumbrances of every narure •nd k~nd now on ~~~d d~wibed
- prpFerty, p that hereaiter may bt impoNd, suffered, plxed, fevied, o~ ~ssesud thereon, ot thaf hereafter may be lev;ed or astessed upon this Mo~tq-
~a aqe, a tM i~dsbtedness secured her~by, euh ~nd ~v~ry, when dut •nd payable, acco.d~ng ro I~w, befwe rher becorne deh~q~,ent, and befw~ ~ny im~re~~
_ •naches o. ~ny penalty is inc~rcd; AND INSOFAR AS AN~ TNEREOF IS Of RECORD TME SAMf SMAII 6E VROMPtIY SAi15f1ED AND OtSCHARGED OF
-"3 RECORD ANU THE ORIGtNAI OFFICIAL DOCUMENi ~SUCN AS, FOR fNSTANGE. ME TAX RECEIPT OR THE SATISfACTtON PAPER OFfICIAtIY fNDORSED
UR CERTIFIEO) SHAII dE CtACED IN TME HAND$ Of SA10 MORSGAGEE YvtTNIN TEN DAYS NEXT AFTER PAYMENT; •nd m the event tMt •ny thereof is not
pa~d, sat tf~ed •nd d~schuged sa d IAORTGAGEE may a~ any t~me p~y the ssr.,e or •ny part rhereof w•tno~t r„aw~ny o~ aff~chny ~ny ophon. Iien, equ~ty w
_ •~aht vnder w by v~rt~e of th~s mongage and the f~tl •~no~~t of each and everY such payr*,en+ ~hall be ~-:~r,ed~are~y due and p~y~b~e and shall btar mterest
' ~~om fht date thereo` until pa~d a~ ~ate o~ n~ne pe~ cemvm per ann~m •nd roye~ne• w.~h s~ch ~r•re~est ~e~,l~~t 6v rt~l~q~f„{~~ s morgtaye
' ~.~J ~ `~~;.~~,:L~~~~i,~,r
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