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THIS iNDEN1URE. Mad~ the 28th day of ~~~ber . A.D. 19 71 befwcrn
_ Wayne Construction Conpany. A Rlorid$ Corporatic~+n _
of ~t Lucie County Flwida, herei~after designe~ed as the "A50RTG/~GC?R," and itRST FEDERAI SAYINGS AND IOAN
ASSOCIAiION OF fORi PIERCE, • corporat~on orya~i:ed •nd exti~~r,y under tM laws of the Un~tcd Stat~i of Amer.ca and haviny it~ prinupal pisce of
t,~s~ness in ths City of fo?t Pi~rce, St. luc~e County, Ftorida, hereinafter des~yna~ed as tF+~ "MORiGAGEE"
WHEREAS the MORTGAGOR is justly indebted ro the MORTGAGEE in the wm of S_.?11?~'~ . good and lewful moneY o~ ~he Un;ted
~~ares ad.•anced by the PdORTGAGEE untu the MOR(GAGOR, as ev~denced by a certa~n prom~ssory note oi even d.+te herew~th, of wh~ch ths follow~n9 in
.:ordi and figuros is a true copy, towit:
i_21,700.00 N,3-17,555 ,
fwt Pierce, Fbride, ~tober 28~ ~y 71
:
Fw value reteived, 1, we w e~ther of us, prom~se to pay, w~~hout defalca!~on, to the orde~ uf FIRST FEOERAI SAVINGS AND LOAN ASSOCtAT10N OF
~`RT PIERCE at Fort P~erce, Florida, the wm of j_ 21 ~7~!~ w~th interest from date at the rate of _ 7_!7~ per annum, in monthly install-
•~~nt~ as 1o~'.ows: S 179'~-- or. the 1St day af February __~972 _.~d a tike sum cn the correspond~ng dey of each month there-
3•'rr ~ntil the whole bt fu11y paid. '
Each installment i~rst shall be appl~rd in paymrm of ~he interest and +hen on the unpa~d balance ot ~he princ pal sum. Ii d auh is made in the
,,:,:nent of any irtstadment when due, and such defa~h com~nves 30 days, then at the op~i~n o( the holder, and wnho~t any other noti:e, atl the remain~ng ~
;railments shsll be due and payabie at once. Pr~v~leye is given ro prepay this note in whole or in part at any t~me without pena{ty. Ne~ther torebearance, i
--o~ acteptance by the holder thrreof alfer any defa~lt in any paymenrs hereon, shall be deemed extens~ort. A lare payment charge of E-8!95. shall be
' ~ i=d to ezch instal6nent remaining unpa~d 7 day~ after ifs due date, and a I~Ae aum shail tx addrd to each w.h insta~lment remaining unpaid 7 days aftet ~
~ ~-~~h succced~rg payment da~e. f
EacA maker, surety a~d endorser hereof, joint:y and serera~ly, wa:ves drmand, presemment protest a~d notice of prorest fa nonpayment, snd further •
,:~~eea to any extenaion of t~me of payment, e~rher b~iore or after matw~ry, wifnouf not~ce ro any of us; and to pay ail cosrs of co:~ecrion, indud:ny a
--sonabie attorney"s fee in the e~rnt of any defau't hereundrr, artd hereby severa~ly waives a~l benef~t o4 homestead and exempt~on under the to~~titution
t , d laws of each S~are of ehe United States, as aga~nst th~s obl;ganon w any exrrns~on w~enewaf he~eof.
Witness the hand and seal of each part~. WAYNE CONSTRUCTION CQrIPANY
~ By: s~taa~^+e S'nes~ 1r_~ PYeside~t)
€ Corpozate Seal Affixed «A~~
; Attest: s/P~ricia A. Sines; Seczetarv~i~
_ . Treasurer ~u
i _ s32. SS ) State Revenw
' 21 700. 00 and the rf«mance of ths
~ k0'~fV, THEREFORE, ihe MORIGAGOR fw the purpou of ~ecu.ing payment of sa~d sum of = ~ P~
: .ovenant~ •nd agreemenrs hereinalter exp~essed, ~nd for divers yood and wluable con~ide~at~o~s, by these p~esenn, does grant, barpain, sell, rem~se,
x •e'.ease, convey and confirm unto the MORTGAGEE, its svcceuors and ~ssigns, e~I that certain bt, piece or p~rcel of laod, sitwte, lying, and beiny in the
= :e~nry of St. 1'uCle ~~d $tate of Florids, dcscribed foltows:
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Lot 8 of D. D. A. Subdi.vision as recorded in Plat Book 15, page 23 of the Public '
~ Recor~is of St. Lucie County, Florida,
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_ ~u ~J I r> i' L•._1 ~ t_' 1-~ ~UF 0!Y CUSS •C' IYT,~F{CBLE PE..SCfiql V, ~ T~~ ~
- . X ~%~.:~trrr ro cwtPr~ z~~:~ '
c~ ; i , ~ _ P~_R pn ~ . ACrs OF 19~PER~, :
; J z _ r..~:..~ , _ ~V~~r.AS. Cterk Cir~it Court '
~ ~ _ N;:t-;~~L : = llgent f~r `
F ~ - 3 2~J J- ~ DANIEI N. KNOWIES, 1R
~~s.l,~~ - St Lude Co ~
_ v, ~:~~t ~ cc~E.,~ - unry Tax Ce1Je `
P~. 19 0 i 12 w.s^~ - :
- ~ ~<<c~. / j
- % ~jY ~1,~1( ~
~ogether w~th all and tingular the tenements, hereditaments and •ppurtances tF+aeunto belonging w in •nywis~ •ppert~ininfl tFx~~ro, and a!I rents, issuts,
pr«eeds and proi~ts ~ccruir~g •nd to xcrue irom said prem~ses, alt of which are inctuded in the :bove and foregoiny. dexription snd habendvm.
~ TO MAVE AND TQ HOtO the ~bove deacribed •nd g!anted p~em~ses unto rhe s~id MORiGAGEE, irs successws sna a~siqns foreve~. Ar+d tM ~a7d
- MORTG~IC~OR fw ---1tS------ ~~~s, e¦ccutas, adm~nisnaro:s •nd assign~, hereby covenants wuh the sa~d MORTGAGEE, ir~ succdson snd aui9ro,
" rhat _1L_1S_ ~~„rfutl se~:ed of the s~~d rem~ses in fce •im Ir, th~t ttK same are tree, dear ~nd dixh~r ed from •II litns and ~ncum~
Y P P 9
prantes in Isw or in equ~ty, ared that lt w;li and lt3 hein shalt warrant and d~fend the fitl~ to tM sarrw to tM said
MORTGAvEE, its •ucutsors +nd au~yns, forever again~t th~ la~r4ut cla~ms and demands of a~l pe+tons;
PROVIOED, ALWAVS tMt if the MORTGAGOR ahal! pay unto the MORTGAGEE the prom~ssory no~e hers~nbefp• dewibed ~nd fh~ll truly, p~omQ~~Y
end fulty perform, d~scharge, exec~te, ca~npfete, comply w~fh and eb,de by each and every the stipv:snons, ayreame~ts, condilio~s and covenanh of s~~d ~
° prom~s~wy rwte and of this Mortg~ge, rhen this Mortgage and the Estare hereby crtatcd shall cease and b~ nutl •nd ~oid.
" IT IS UNDERSTOpp tMt tl+e word "JNortp~yor" whether in the t~~gular p plur~l •nywhere in this AAwtgsqe, shail be sinyular if orN only and
_ shall be plwal pintly and se~erail~ if mw~ tMn one, and that the word "their" as used anywhere in thn Mwfgage shall be uken ~o mean "his... ..h~?s•. _
or "its." wherever tFie co~teat so implies a+dmifs. Atw. 1}+a? wherever there is a refe:ence in +he covenanrs •nd ayrecments herein cont~ined to ~ny of
fhe pa.fie~ hereio, the sune ahall b~ construcd to mes~ ~s well as the he~n. Ic9al represematires. ~uccesiors +nd as~iy~s (eittur wluntary by ~ct of the ;
- par~~es or invotumary by oper~~ron of the law) o~ iFx •ame and thar rhe covenants hero~n wn~a~ned ~hall t~nd ~nd the benef+~s and adwma9p inure
ro the respeUive hars, lepal rep.esentahves, successors and au g~s of the parties hereto_
And s~id Mo.rqago~s, fw nc~mselve~ and their heirs, feys~ repreuntatives, s:xcessa• and •ss~yne, hereby ~ointly and uverally covenant and pree
~o •nd wifh the sa~d MORTGAGEE, ifs successo.s ~nd ~}s+qns:
- 1. To pay +II and i~nputar the prirKip~I and iroeresr snd the vanous and sundry sums of money payab~e by v~r~ue oi uid prom~ssory no~e, •nd ~his
_ morTyaye, •ach •nd wery, p.omptly on the days respect~vely the s:me severally becoms due. ~
2. To pay •II •nd •~~gut+r the ta¦es, assessmenrs, tevies, Gabil~rfes, oWig~f~«+s cnd encumbrance~ of every nature and kind now on ssid d~uribed '
property. or th~t hereaher may b~ imposed. suffe~ed. pl~ced, levied, a•uessed the~eo~, a tMt i+ere~her m~y b~ lev~ed w asessed upon this AAwt¢ `
~y~, a the ind~btedness uc~red hereby, exfi and ~rery, whsn due and payable. +cco.d~n9 ro ~aw, befor• they become delirpvent, ind b~fo~~ my inur~at
atteches w•ny penaby is ir.c~rrtd; AND INSOfAR AS ANY TNEREOF IS OF RECORD THE SAlNE SHAtI BE PROMPiIV SATISFIED A~tD DISCHARG:D OF
RECORD AND TME ORIGIAiAI OffICIAI DOCUMENT (SVCH AS, FOR INStANCE. 1HE 1AX RECEIPI OR TME SATISFACTION ~APER OffIC1AlLY ENDORSED
OR CERTIiIEU! SHAIt BE DLACED IN TNE HAND$ OF SA~D M.ORTGAGEE W~THIN TEN DAY$ NEXT AiTER PAYMfNI; and m ~ht event fhat any ths~eof is not
_ pa~d, sat sfied and d~schar9ed sa d MORTGAGEE may at any nm.e pay the same w any pa~r thereof w~thovt wa~v~.,g or effect~ny any opnon, lien. equ~ry a
' •~aht vnder w by v~.t~e o4 th~s mo*tgage and the fu~~ amovnt of each and eve~y •uch payment shall be immed~att+y due ar~d pay~Dle •nd shall bear 6~teret~
~.om rF,e d~+e thereof until pa~d ar rore of n.ne pe~ centum per •nnum and rogerne. wnh wch ~n~e~ ~'e~ ured by
Arhi h n of tht moryta9e. .
~il~ ~~~~1 F~V~~
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