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THIS lNDENTURE. Mad~ the 1~ t h d~y of • ~ U~' ~'"'~e I A.D. 19 ~
1 betwcen
Sunshine ~k~bi le Park~ Inc. Flor id.~ c.~r~r~t icn,
of SL . :..UC1 E.' ~p~nty Flw~da, hereinafter desgnated as ~he "h10RTGAGOR." and FIRSi FEDERA~ SAVI~~GS ANO l0~?N
?SSOCIATION OF FORT PIERCE, a corporat~a? wgani:ed end ex~~ting under ihs laws of the Un~ted S~et~s of America and Mvin~ its principal placo of
bus~neu in tM City of Fort Pierce, St. lutie County, flor~da, hereinalter des~9~a~ed as the "MORiGAGfE:'
WHfREAS the MORTGAGOR is jusUy indebted to 1he M'JRTGAGEE in the sum of S- 1~-7U". (~U-- 9cod a~d lewful mone~• oF the Un.ted
Srite~ adva~ued by the MORTGAGEE ~nto rhe MORiGAGOR, as eviJenced by a certa~n prom~siory no~e ef e~en date herew~th, of wh:ch the foilowin9 i^
.+o~d~ and fi~ures ii a t~ue copy, to-wir:
f 1~, ~:)i),;~U ~ 3~1~ ,651
Fort Pierce, Fiwida, ~~~VC•ut)eL Iti ~ ~q 7j
Fa vat~e •rceived, 1, we or either oi us, prom~se to pay, without defa!cat~on, t~ rhe ordr: of ffRST iEDERAI SAVINGS AND LOASV ASSOCIATiON OF
i"RT PIERCE at fort C~arce, f{orida, the sum of S-1 5~~i11~! w~th ~nterest ho~n date at ihe rate of :o pe~ annum, in monthly ins~all-
•~~*n es fo~:ows: S-~~t~s a+ ~he _ t S L day of _ ~1.~T Ctl 19 _ and a like sum on the conespond~ng day of each month there-
~ ±r~er until the who~e be fully pe:d.
Each ~r.stiai4nent first shall be app:~rd in peyment of the imrrest and !hen on the ~~p.+!d ba:ance of the pru~c pal s~m. If d ault is made in the '
;.,neM of any insra~~menr when d.,e, and wch defau:f co+it~n~es 30 days, then et the op~~~n of the ho~Ja~, a~~d .~~fho~~~ any orher not~ce, all the ~eme~n~~g
,,rau+nenrs shai! be due and payab:e at once. Pnv~Iege is g~vrn to prepay this note in whole w in part at any t~me witheut penalty. Neither forebearance, 7
!
:r acceptance b~~ the holder thereof afTrr any defau~t in any payments herro~, shall be deemed ea'ens~on A late payment charge of s 6±5~_, shall be i
^~ied to eech ~nstai~ment remain~ng unpa•d 7 day• after its due date, snd s i~Ae su~n ahall be ad~rd ~c each wch ~ns}aiim~nt remaining unpaid 7 days ~iter 3
r,:ch succeed~ng paymem dare.
Each make+, surety and endoraer hereof, joimly and aeveralty, wa~ves demand, presentmem ~rotes~ and not~ce of protest for nonpayment, and (unher
~yees to any extens~on of nme of paymenr, e~ihrr txfore or afrer matunty, w~thout r.oe:ce to any u{ us; and to pay ali costs of co:lecnon, inci~d•ny a
-~sonable aromey s fee the eyenr of any de`au'~ hereundrr, and hereby se.erally wa~ves a!~ benrfit of homrstead and eaemption under the constitution
• i!aws of each S~aee of the Un~ted States, as aga.:nt th~s ob~~9at~on or any exrens~on or rer.ewal hereo4.
S~^:SNI\E i•DE3Ii.E f~l%~SE !'.1R~C, I\C.
W~rness the hand and sea~ of each pe+ty.
3y Ernest Germ,-~n i, Pres ident ~nt)
(SEAI)
'[~~lt'~~1::~~ ~ SE:u. :~FFIYED :'ittest 5,' J~hn R. Lon~, Vic-e ^rhsi3er:t~~w~~ ~
(SEAI)
~ j~3.~5
~ ? stsre aevenue ~
5~wwp~ ~+w~elier ~ow a~i9ir?~f..wo~e}
NOW, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment of sa~d sum of = 15
,~a ~ and tF~e perfwmance of the
;:;lenams and ag.eeme~rs hereinafrer e~pressed, and fo~ d~vers good ~nd vslwbte cons~deraUO~s, by thes~ p~ese++t~, doss g*snt, barg~~~, ~elt, r_m~se,
rose, convey and contirm u~to 1he MORiGAGEE, its s~ccessors •nd au~g~s, alt that certain lot, piece or parcef of Isnd, sitwtt, IY'~. and bs~ny in tM
.c:,nty of SL .:.uC 1 P _ State of F1or~da. ~escnbed ~s foUows: '
. i
.:~?m the S~~u~he~st c„rner of t~P '.~.~~t ~ acres of the :.~st 6~crec nf :,nt ?a ~f
~{iTE CIT'i SC'F3UI~'iSIQ\, as ~~er r~lat ther~cf o~i f ile in Ylat Bo~k 1, ~r~c:e 23, of
'-:e PuhLic Ke~crds of St. :.uc~ic Coiu;ty, Fi~ric:.., run :vest :~loncj ttie ~o~:th lir:e of :
id Lot ~d, .ti8 ieet t~ the Sc>u±hwest corner of said 4 acres, said ~oir.t beine,
._'.6 feet ~.+st r~: the ~~~lthwes! corne: of the SE'~ of the `'E1~ of Section 3, Town-
,i:ip 36 South, Ra~ce 4(? E.~st; thence run ~orth p,rallel w~th the fiast Zine of said
; ;.ot Z8, 241.~' feet to the Pair.L of 8e5inning; thenct~ c~~ntinue ~orth 1'4 feet;
; •`~er~ce run ~~~st pzr:?liel to the Sou!h line of i.~t 2F3, 1J~.68 feet ; ther2ce run
j ~.~ut1~ 1-'4 feet :!hnnr.e zun '.tiest lt'0.68 feet to the 'oint of fie~inr.inn~ ~
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} w J~ !a~ r~'" v~ 1 v j~ D'JE ON C(ASS lNiqNG18CE PER" C1~ TAr:*
• r;~ j 7( ~%f.'SUAYi TO CHAFTc'R .~ONAt ikOP~FTY. `
i,C~t~'•:_i T:' = 2071~. ACTS OF 1
~ c~ r}- - - - = F.~G'4 PGITRAS, 941. ;
= z ~7i _ Clerk Ccrcud Court i
. J o _~1Y 1 w~ =.:~2 3 Z~_ as A~~rt tc? N. KN WLE -
' r c> - . , ~ a S, 1R
~ ~Kit. A REt: i ii _ ~C lC iC '~00 *i }3x r
{?B.~9o„: =~`f=-=--_- .ellector
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_ ~ DCP1iii CI~HK
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~ ~ogether w+th a!t and s=ngular the tenements, hered~eaments •nd appur~s~ces thereunte belong~ng w+n ~nrwise ~Ppert~i^iny thersto, and •11 n~n, issws, ;
- :•xeedf and prof~fs ~ccru~ng •nd to sccruc from said p?em~xs, a11 of which are ~ncluded i~ the •~ov~ and faeyoirg dewiption and Mbendwn. "
TO NAVE AND TO HOID +he ~Dove descnbed •nd yrsnted preR+~ses unto ~ht sa~d MORTGAGEE. it~ successo~s +nd sii~yns fwewr. Md th~ MiA
HORiCrAGOR fa he~rs, eaccuton, sdminestrator~ •nd aasgns, Fxreby covenan~s with the s~~d MORTGAGEE, in ~vcceaso+~ ~rd ~~sipro,
r .
' •ha~ i-t -1 S------ ;~wfv~ly uued of the aaid p+~m~ses in fee s~mple: that tF+e same +~e fr~e. ckar •rd d~scharqed lrom all liem and ~ncvrrr '
n ~
~
~ crences in I~w or m cqu~ry. ~nd tMt-_- ` t will and ` 2 S _ hein •haI{ warrant and deftrw tF+t tilie to tM urt» ro tM said ~
NORTGAGEE. ~ts succe:so+s and ass~g~s. }oreYer ~y~in~t th~ lawlul claim~ and demands of •11 perso~u; i
PROVIDED. AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE thc prwn~sso?Y no~e here~nbefo~~ dexribed +nd alull trvlY, prompt~y
s^d f~lly periorm. d~scMr9e. e~ec~re. complete. cornply w~~h and ab~de b~ exh ~nd eve~v the •up~lations, ay~ee~++~nrs, cond~+~or+f and covenanq of s~d ~
c~OmqfO?y nore and of fh~s Mw+yye, rhe~ th~~ Mortgay and rhe Esa!e hereby created ~hall ceast and be null •~+d w~d. ~
IT IS UNDERSTO00 tMt the word '"Mor~q~ga" wFtE.he? in the ~~ny~i~r ot plural anywhtre in thif Mwtyage, fhall b~ sinyulu if one oaly sod
+~~st! b+ pturaS p~nrty and se.~uily if ma~ ~Mn ona. •nd that ~he wad "rheir" as ufed ~nywhere in th~~ Mortpa~ shali be t~ken to me+n "his:. ..h~r~." .
j or . frs." wherever fhe c«++e¦r y0 empLlf w adm~fs. A:::. '`.:s ..`~:e~_=- '-`-e-=_ a rete.ence i~ the co~en~nt~ ~nd ay.eeme~ts here;n conr~ined to ~ny of ~
~he psrties herero, the same ah~~~ be co~str~ed fo mean as well as the heirs, leg~l r~presentatives, sucussors and ~sspr» (tither volunt~ry by ic1 of th~
aa~~~es o~ inroi~nt~ry by opera~wn of tbe I~w) of the a~me aRd thar the covenants here~n co~t~~ned ihall bind and the benef~» and advan~p~s +nu~~ ~
•o rh~ rtapective he~rs, leyal repreit~t~t~ves, wccesswi and awyns of ehe parnes hereto.
And said Mor?9~qon, fw ~hemse~ves and ~heir heirs, ly~l ~ewexnrarlves. successors •nd ass~ns, hereby ioinHy •nd sever~lly cove~am •r~ p~K
+o •nd wirh the said MORTGAGEE, ~rs auccesiors and •ss~gns~
1. Ta paY •II and s~~gub~ ?ht p~~nup~l and interesr and the •sr,ouf and sund~y sums of money per~ble by virtue of ~a~d p~an~ssay note. ~nd this
morr9aye, each and ev~ry, p.ompUy o~+ th~ days respecnvely ~he f~mc severaliy become dw.
2. To pay •11 •nd ~~nqular the uaes. asses~menn. lev~cs. I~~bil~nei, oWya~~wn ind t~+cu~nb.ances of ~very narure ~nd kind now o~ ud described
= prope.ry, o~ rh~~ Fureafrer may be imposed, suffe.ed, p~~ced, tev+ed, w~uessed thereon, p tMt Acre~her may be tevied w aswsfed upon this Mn~t¢
- age, a tM indebt~dnes~ secured hercb~, exA and evey, w?+e~ dve and p~yable. xcwdinq to law. befa~ they becomt delnpwnt, a~d b~fu~ u?y int~rest
- a"aches or any penalry ~s inturred: A/vD INSv=~+~i i+~:i ~i:~iiiv: i:a v*` ~i~:.'w: ~iiC SAME SHAit bE PROMP1tY SAi1SFIE0 AND OISCHARGED OF
- RECORO ANO iHE ORIGIPiAI OFFICIAI DOCUMENi tiSUCH AS. FOR INSTANCE. THE TAX RECE~~T OR TNE SATISFACTION pApER O~fICtAIIY ENDORSED
_ ~~R CERIIfIED) SHAtI EE DIACED IN THE MANDS rJF SAID MORTGAGEE W~THIN TEN DAYS NEXT AFiER PAYMENT; and ~n the evem that •ny thereof is not
' ; a~d, sif sf~ed and d~scharqed sa d MORTGAGEE m~y at any r~me pay the ssme w a~y part thereo~ ++~~hou+ w~~v+ng or affecnng any opt~on, hen, eq~~ty a
~~~nr ~nde. or by v«eue of th~s ~^o•tgsge and ~he '.u~~ amounr of e+ch •nd every wch p~yme~t srat~ be ~mmed~ate~r d~e a~d pay~bk and shal! bear ~ntereu
~~an the dNe rher~f ~nfii pa.d a+ rate oi ~~~e pe~ ce~tum per ann~ y~d jpp~+~j w.:rh s~! y4~~ shall be sccvred by rhe lie~ 04 th:s moryta9e.
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