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THIS iNDENTURQ N4d~ ~he 2g=~.-- day of ~tp~Y A.D. 19 71 between
Fra?nk Sabat and Carmen Sabst, his wife
of St •~.~i@ Co~nty flaid~, he?einaft~r deignated as the "MORTGAGUR." and fIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a co~porat~on ory~ni:ed and ex~stin~ undr th~ laws of tM Un~ttd S~a~~s oi Americs snd havin9 its p~incipal place of
busit+ta tn ti» City oi Fort Pitrc~, St. luci~ County, Florida, b~rtinaftsr deugnated as th~ "MORTGAGEE:'
vYHEREAS iM MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of ~ 14t~~'~ good and lawful money of the Un~ted
States advanced by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a ccrtam promissay note oi even dat~ her~with, of wh:ch the iollpwiny in ~
wrwds and fiyures it a trw copy, fo-wit:
= 14,000.00 N, 3-1.~7
533~ ~
F,.~ P~e«., fia~d,. October 28 1971 ;
fo~ value rec~ived, 1, we a either of us, promise to pay, without defalcation, to the orde~ ~f FIRST FEDERAt SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at fort Pierc~, Florida, the sum of j_14~~0~~ wi~h iote~es~ from date at the ~ate of 7~7~lo ptr annum, ip monthly install- ~
menes as foIlows: i lu~~ on the 1St day ef Mt?reh 19_72_ and a like sum oo the cwrespond~r.g day of ea<h month there-
alter unti! the who~e b~ fvlly paid.
Each installment fint shall be applird in paYmen! of the interest and thcn on the unpaid balante of the p~inupal sum. If d ault is made In the
Fayment of any installment when due, and suth default continues 30 days, then at the option of the ho+der, and without any other notice, al~ the remaining
~ns~allmenta sfiail be due and payab:e at once: P~:v~~~Qe is y~ve~ to prepay this note in whole or in part at ~ny t~me w~thout penalty. Neither faebearance,
nw acceptante by the holder thereof after any defauh in any payments hereon, shall be deemcd e;tension. A late pavment charge of = 5~75 sMll be
added to each instatfmcnt remain~np unpaid 7 days afte~ its due date, and a lile sum shali be added to each such installnunt remaining unpaid 7 days ~fter
each succeedirg payment dare.
Each maker, surety and endoner hereof, jo~ntly and severatly, waives dema:~d, presentment protest and not~ce uf pcotest for no~payrrKnt, •nd furthei
agrees to any eatens~on of nme of payment, ather before or after maw.~ty, without notrce to any of us; and to pay aN costs of co~lection, includ~n9 •
reasonable attorney's fee in the event of any defautt Fxreunder, and hereby severally waives all benefit of homestead and earmption under the constitutiw~
and laws of each Srate of the United Staees, as against this obligation or any eatension or renewal hereof.
Witneys the har~d and u+l of csch party.
a/ Frank Sa,bat ~Au
(SEAL)
a/ C araen Sabat
cs~?U
21 ~~O 1 Stat~ Revenw
c!?.w~re.~«Ned...«+yhwl-nsw) 14 000.00
NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of s 1 and fhs performance of the
I covenann and +greement~ hcreinafter expressed: and fw divers flood and v~lwble cons~derations, by these presents, does grant, bargain, setl, rem~se, ~
j reteaie, convey •nd coniirm unro 1he MORTGAGEE, iti svcceswrs and auigns, all ~ha? certain la, piece or parcet of land, s~tuate, lying, ar+d beinQ in the #
~ Couoty of St. L~1Cie ~nd Sts~e of fbrids, dew~bed ss follows: ~
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Lot 34, Block 110 ot PORT S2. LUCIfi, SECTION 27~ as per plat thereof on fi~e ~
in Plat Book 14~ Page 5, Public Records of St. Lucie County, Florida,~
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^ ~ IN PA`/M1E?R OF tAXES r
'C IttTAT16161E PERSGW?L PfiOPEATf,
R 20724. 11CiS OF 13s1.
~ p~uRSt~i~nt To ~~k Grcuit Court `
~ w 5 ~ A 1 t°F t- L iU F-1 i l.) A ROGER POlTRIIS. ~
~ ~ r t~OCU;•1ENTA°.~4 ST1~~P Tf X ~ pg~nt taT Ct,t~lt~ N. KNOWLES. 1R
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~ In V CEPi.Of ~EfF~-Y~--_\,~=' • _ ~ ~jY (;~,ERK
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P.B. ~90~ `:.i=-~-----
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rogHher w~th all and singular the tenements. Ae?edit~menb ~nd •ppurt~nces the?euMO btlong:rg or in ~nywis* ?ppertaininp ther~to, u+d ~11 r~nb, issuts, '
~ vroceeds and prof~ts ~ccr~~ng and to sccrue from said premises, alI of wh~~ are 7nctvded in the above and foreQoinp description and Mbendvm. t
';,7
TO NAVE AND TO ~D the above deacribed •nd 9ranted premiaes unto tM uid MORTGAGEE. ~b successon and aasyns forevtr. Md th~ said I
MOR AGOR fo? - th61Y Mirs, executws, sdministrators •nd a~s~gn~, hsreby covenants with the said MORTGAGEE, ib avCCe~wn ~~d ~ssipt». ~
~hat ~~ey-dre---- Iawf~Ily uized of the s+id p~emises i~ fee simple; that the sam~ sre free, cl~~r and dischar9ed frorn all li~eu u~d Mcum- 3
pr~Mb in I~w a in equity, ~nd that t~Y w~ll and t~i~ heirs shall wurant and defend the t]tle fo the same to tM said
_ MORTGAGEE, its succeuon and au~yns, forever apaintt the lawful ciaims and dema~ds of •II penon~; j
PROVIDED, AtWAYS that if the MORTGAGOR ~Full pay unto the MORTGAGEE the prom~aso~y note he~ei~before described ~nd sFuli fruly, promptly
and iully perfwm, d~uh~rye, execute, comple~e, comp~y w~rh and ~bide by each a~sd every the stipularions, syreements, conditewu and covMants of sa~d
- cromissory note and of thi~ Mort9~ye, then this Mortqa9e and the Eseate her~by created shall ceas~ and be null and void.
IT 13 UNDERSTOOD tMt tF+e ~vord "Mo~tqapw" whether in tF» singuiar o~ plurel atirv+here in this Mo~tg~pe, iMll bs sinyvlu if on~ only •nd {
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shall be plur~l joimly ~nd severdly if more th~o one. +r+d that the wad "their" as used anywher~ in this Mwt9~ye sMll be taken to +rwan "his,•, •.Mn;'
or "i4;' wAerever the co~~te¦t w implies o~ admits. Alw, tha~ wherever there ~s • reftrenc~ in th~ covenanb snd ~yreemenrs Mrein confained to ~ny of
- the parties hereto, the ume ihall b~ consnued ~o mean well as tl+~ heirs, ieyal r~presentatives, tuccessas and assiyns (either voluntary by ~ct of th~
_ parties u involun+ary by oper~tion of the law) of the iame u+d that ths covenants he~ein contained ahall bind •nd th~ btnefit~ and +dvantp~s i+wre ~
ro the respective he~rs, tegal represe~t+tives, succeswn and ass•gnf of the parties hereto. ~
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And ssid Matyagws, for themulves and thei~ heirs, leyal repreuntatives, successas and au~n~, hereby jointly and severally covenant and pr~e
ro and with the said MORTGAGEE, its succeasors and •u~yns:
1. To p~y sll ~nd siryular thc principal and intereat ~nd ths vuious ~nd sundry sums of money pay~b!e by virtue of u~d promissory note, and this
~ mortyaye, each ~nd wery, promptly on ?ht days respectrvelr the same s~veraily becon+e dw.
2. To p~y +r+d singular tM uxrf, assessmenn, lev~es, li+bilities, obl~yatioRf and encumbrances of wery nature and kind now on s~id describ~d
prope~ty, a that hereafter may b~ impwed, suffered. plxed, levied, a auessed thereon. w/Mt hereafter m~y be lev~ed a asses~ed upon thi~ MortQ-
~°j agt, a the ind~btedneu secured F~ereby. ~ach and every, when due and paYabl~, xcordinp ro law, before they become delinquent, and befor~ any Int~re~t
'ss~ arreches w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS ~ RKC',QD TH~ ~AhtF S?~p~1 ~F DDQI~1DTiVi ce?!~!f!~ !4D DISCHARGED Of
- RECORD AND THE ORIG~NAL OfFIC~AI DOCUMfNT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFICIALLY ENDORSEO
OR CERTIFIE~) SMAII 6E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt
pa+d, sat"sfied and dixharged sa:d MORTGAGFE may at any time pay the same w any part thereof without waiving or sftectir~g any option, leen, equ:ty p
•~~h! under or by virtue o( this mortgage and the full amo~nt of each •nd eve~y ~uch paymenf shall be immed~ately due arx! payable and shall besr interes~
~~om the date thereof until pa~d ar rate of n~ne per centvm per annum and th +h such ~nteres~ shall be secu.ed by ehe ~ien of th's morytape.
= soo Pac~