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THIS INDENTURE, Made tfie-~r~ day of N~emU~-'r ~ A.p. 19 71 between
Albert James Reeves and Fleanor H. Reeves, his wife
of St • 1'uC 1N Co~nty florida, hereinafter des~~na~rd as tne 'h1i)RTGAGOR," and FIRST fEDERAL SAVINGS At~iO LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized and exisf~ng under ~he law• of the Un.~ed Statos of An~eri<a and having iti pri~xipal place of
bus~ne~s in tM C+ty of Fait Pierce, St. lucis County, Flwida, hereinafter deaig~ated as ihe "htORTGAGEE."
WHEREAS Ihe MORTGAGOR is i~~tly indebt~d to ~he MORTGAGEE in the sum of S_~-~~SZQ_iQQ good and lawful money of ~ne Un eed ~
S~ates advanced by the MORTGAGEE umo the MORTGAGOR, aa ev~danced by a cena~n promisso~y note of ~.en date nernr„th, of v~h.ch the fo~lQN,~nq in
hords and f~gures is a rrue copy, ro-w~r.
s 11,~300.00 No 3-17, 584 ;
:Vuv emb e r 3, 19~ZL.-t s ~
Fort Vierce, Flwida,
Fw va•.ue received, I, we or e~ther of ~s, prom~:e to pay, w~rhout defaicanon, ~o ~he urder of FIRST FEGER:.I SAVINGS A"1D IOAN ASSOCIATION OF
~JRT PIERCE at fo~t P~erce, Nor~da, rhe sum of 5----I-I ~ 3~'~~__ wnh m~rrest fro~n date ar rhe rate of 8._°o per ai~num, ~n monthiy tnstal(-
rnrs as fa!ows: S-_~_Q~s~__ on the _I~
tday of _-lanu~ry , Iq_ 72_ and a i,lr su:n on tha correspond~ng ~ay of rach month there-
~••er ~nht the whoie be (u1ly pd~d.
Each ens~a:%ment fbsr shall be appl~rd in paymenr of the intrrest and !hen on ehe ur:p,~ d LJ~3~::Q of the pr~~~ pal :um. If d av!t is made in the
;,,.nznt of any instal.mrnt when due, and such dafau!t Corninuef 30 days, then at the opr.~~ of the ho.der. ~nd w~fho.,t any other not~ce. ail the remain.ng
.s~altmrnts sha~l be d~e and payable at on~e. Pnv~ir~t is g+ven to p~epay this nota in wheie or in part a~ a~y timr wnhr.ut penafty. Ne~ther forebearance, j
r.~. acceptance by rhe ho,der ~hereo( af~er any default ~n any paymenrs hereo~, shall be dee--,ed eYte~~s•on A!a~e pa~ment charge of j_5• 1O_, shall be
,i f-d to ezch ~ns!a~~~nent remeining unpa~d 7 days after its d~e djte, and a i~~e som ~ha„ t;r ~d,i.•d fo each s~ch ~mta~'n,rnt rema~n~ng unpaid 7 dayt after
~ ecn succeed~r.g paymeM dare.
Each maker, surety and endorser hereof, jo~nt~y and seve~aiiy, walves ~amand, presrnt~n~m proTest and r.otice oF p.otest foc nonpayment, and further
~arees to any extension of t.me of pay~nem, eithe. tr_~fore or altrr :natur~ty, w~rhout no!•ce +o ani of ~s; an;~ to F~ay a'.i costs of co'iect,on, indud.ng a
•scnab~e ai!omey"s fee m the event oF any de`au:t herru~der, and hereb~ seve~e::y ~na~.es a!: Uenrf~r ot Ff0'~i:S~CdC~ df11~ ~x<mpt;on ~ndrr Ihe constitWion
;i :aws of each Stare of the United ~tases, as aga~ns~ this ob~~gahon w any extens~on or renz.•.ai he~eo4.
~h'rtness the hand and seaf of each parry.
s/ Albert Jaroes Reeves (SEAt)
• " ($EAL)
' s1 Eleanor H. :teeves
(SE~'!)
~ (SEAL)
_ 1 6. 9 S ~ State Revenue
?~~d1~1p{'(yflCQ'~~!'~ O~rOf191118~ TO~~` •
~ N01H, THEiiEFpRE, the MORTGAGOR for the purpose of securing p~yme~*t rrf sa~d wm of s 11 s 3~ • snd the pcrformance of the
ccvenanrs and agreemems hrre~nair~r eap.essed, and fer dlvers good a~d val~able co~siderat~ons, by these p•esents, dces g~ant, ba~ga~n, se!!, rem~se,
eaie, tonv~y and tunfum unto the M02TGAGEE, its svccessors and ass~g~~, aIl that certa~n I~t, p~ece or parcel of land, situate, lyir,g, and being in the
_ ~ovnty of ~t. LLiC1Q •nd $tate of Florida, descr~brd as fof{ows:
3:
- The North ~O feet of the South 300 feet of Block 69, DSARAVILi.A GARDENS
FY
; St~DIVZSIOti, as p~~r plat therUoi on file in Plz.t Bo~k 7, page 19, of
~
the Put~~ic r.~cc~rds of St. Lueie County, Florida, r
>s
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~v~a s---~~ c. ;
~k CL~;S 'C' INiAdG181E f~~N EMi OF TAYg
= ~'::S_A~f i0 C:f;~Pt- ~ P~QPERTY,
, ,
~ ` ; : i ` ~ ' : ~ F.cc.-r, pori rJl$, ~ R ?0724. ACTS Of 7931.
' { C eti~ C~ttuit ~urt
£ . .
t, , : _ . - ~ ~Yest kr CANI~i N.
' ~ ~ St lucie KNOMYLES, 1R
~ ~ 695~ ri~ ~~z
- ~ _ i;E }i : C011fCt0f
~ . . :
~..'.4 _ Qr l .
- `f, ~ i~. ~ j ~ 1 12 =~y+~''~-'~"'~-.~ , ~ L . i
- ~ CLERK
- fogether w~rh all •nd singular the tenemen+f, hered+ramenis ~nd appur~a~ces thereunto belong~ng or in anywise appenaining thereto: and •11 rents, iuws,
_ ,.roceeds and profns accruing and +o acaue from said prem~ses, sll of which are incl~ded in the •bove snd fwegoing description and Mbendum.
TO HAVE AND i0 HOID the above described and g~anted premhes unto the said MORTGAGEE, its successws and ass~gns forever. And th~ iaid
- their
_ MORTGAGOR for he~rs, eaecutors, administrators and ass~gns, hereby covenants with the sa~d MCR:GAGEE, its successws and auiyn~,
- the a rt~
~hat lawf~lly se~ied of the said prem,te~ in fee simple; that the ssme ue free, dear and d6tcharged l~om afl I~ens ~nd encum-
_ brance• ~n law or in eq~~ty, and that t~e witi and t he i r _ h~;,s shall wsrranf and defend the title to the sam~ to the a~id
= MORTGAGEE, its successors and ass,gns, foreve~ sgainit the lawfu! uaims and demands of alI persa:s;
PROVIDED, AI~YAVS tMt if the MORTGAGOR ~hall psy unto the MORTGAGEE the promiuory note hereinbefwe descr~bed and ihall fru~r. w«T+v+~r
- and fuily perfo~m, d~uherge, execute, complete, comply w~rh and ab~de by each and every the slipuiahor,s, eg~eemenis, conOdions and coven~nts of sa~d
:,z prom,asory nore end of fhis Mortgage, then this Mortgage and the Estate heroby crcated shslt tease and be nu~I and vo~d.
IT i5 UNDERSTOpD that the word "Mortgagor" whether in the a~ng~~ar or plural anywhere in thli Mortgage, thall be s~nyular if one only •nd
s; sha~l be plural pintly •nd sever~lly if mwe tha~ Q:~e, and that the word "the~r" as used anyv.here in this Mortyage shall be raken to mean "his," "her~,"
or "irs," whereve? the contea~ w implies or admin. Also, that wherever thero is a reference in the covenants and agreements herein contained to any of
_ the parties hereto, the s~me shatl be consrrued to mean as well as the heirs, legai representatives, successors and ass~gns Ieither voluntary by act of tM
psrries or invoiunrary by opero~~on of the law) of t~he same snd that the covenants herei~ conta;rxd shaU b~nd and the benefits snd advaNSges inure
to the respectne he~rs, legal reprcser.tatives, successon and ast gns of the part~es hereto.
a
_ And taid Mortgagors, for themselves snd their heirs, lega! ~epresentatives, successon and assigns, hereby jointly and uverolly coven~nt snd ~gree
_ To and wifh the sa~d MORTGAGEE, i~s s~ccessors snd ass~gns:
_ 1. To pay •il and s~ngutar thc principal and inrtrest and the variou• and sundry sums of money paysble by virrue of uid prom~swry note, and this
mongage, each and every, promptly o~ the days respectively the ssme severally become due.
_ 2. To pay all snd singular the taxes, aasessments, levirs, I~sb~iir~es, obl~gations and encumbrance~ of every rarure and kind now on •a~d deuribed ~
_ property, w that herea!ter may be imposed, tuffereQ, placed, tevied, w assessed thereon, or that hereafte+ msy be levied w assesscd upon this Mortp-
_ sge, or fhe indebtedneis securcd hereby, esch ar.d every, when due snd payabfe, according to law, 6efore they become delinquent, and before any intere~i
attaches or a~y penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHALI 8E PRQMPiLY SAiISFIfO AND DiSCHARGED Of
" RE~ORD AND TkE OR1GiP:AL OFFlCIAI UOCUMENT (SUCH A5, fOR INSTANCE, THE 1AX RECEIPT OR THE SATISFACTION VAPER OffICIAIIY ENDORSED
_ OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WI7HiN TEN pAYS NEXT AfTER PAYMENT; and in the event that any thereof is not i
pa~d, saYSffed and discharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof w+rho~t weivi,r~ or afSect,ng any option, lien, equity or
•iqht vnder or by virt~e of th~s mortgagt and the full amount of each and every such payment sha!I be ~mmed~atfly due and payable and shall bear intete~~
: <<om the date thereof until pa~d at rare of mne per cemum per annum andr)oQe~h r such i~ be secured by tne f~en of th:s morqtsge.
- F~~~~ F~r;
_ - ~