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~19323
THIS INDENTURE. Madt tM lsth da of November A.D. 19
~1 betw+sen
Mitchell L. Cleveland and C~ancjace M. Cleveland, his wife
cf $t. Lucie C~~~y Florida, Mr~inaftN d~sign~red u tM "MORTGAGOR;' ~nd fIRST FEOERAI SAVINGS AND IOAN ;
ASSO~IATION OF fORT PIERCE, ~ cwporatan wp~nized ~nd exi~~iny unda ~M I~ws of t!» Un~t~d SUtq oi M+<<ic~ and h~vinp in priocip~l plac~ of 3
busin~a~ in t!» City of Fwt PiKCt, St, tuci~ Covhty, flwida, her~inaft~~ d~sipnat~d u!h~ "1NORTGAGEE:' ~ ~
WHERfAS tM MORTGAGOR is juslly Indsbted ro th~ MORTGAGEE i~ IM sum of :21 ~ l~ ~ood snd lawiul mon~y of the Un~ted
S!ates advanced by ths MORTGAGEE umo th~ MORTGAGOR, •s evi~nced by • certa~n promiuwy note of even daie herewitF, of wh~ch ~he followiny in
wo.ds and figursa is a ~rw copy, to-wit:
f21,100.00 ~ a-17,638
~ P;M~., F~;~. November 15, ~9
~1
fa v~lve received, 1, we w either of us, prom~x to pay, w~thout defalcavio.~, to the orde~ of FIRSi fEDERAI SAVINGSS~ AND IOAN ASSOCIATION OF ~
FORT PlERCE at iwt P7erce, Fbrid~, the sum of s 21 Li~•~ with interest (rom date a~ the raie of 7'7'%'per ~nnum, in monthly insrall-
~~rnfs as (oltows: ~ 160• ~ pe th~ 1 St ~y of Janua ry ~ ~9
7!2 and a IiEe sum on the cwrespond~rp day of each month ttxr~-
airer uMil the whole be fully paid.
E~cA instattmant firsr sMll be app?ied in payrt,Fnt of r}~s inlere~l ~nd then on the unpaid balance of ths princ~pal sum. tf d wh is A+adi in the
~ a, ~neot of any insta:;rr.ent when due, and such default cominues 30 days, lheo at the option of the holder, ~nd without any other notice, sll the remaininy
~,s~altments shall be due and p~yabte a~ once. Prfvile~s is 9iven ro prepaY this nore in whole or in part at any tlme without penab~_ N~ither faebear~nc~,
nor ecceptante by the hotder thercof siter any defav~f in any paymenf~ hereon, shaU be decmrd e~etension. A late psyment ch~rga of ~ 8'~ ~ sMll be
~dded to each ins?ailment remaininy v~pa:d 7 deys aftt? in due d•fe, and • like ~um thal~ be added to each iuch ins~ollment rema~ning vnpaid 7 days affe~
enih succeeding payment date. _
E~ch maker, su~rty and endorser here~of, jointly a~d uveralty, wa~ves demend, pretentment ptoteft and nofice of prolefl fd tqnpayme~f, and further
eg~ees to ~ny sxtension of rim~ of payment, either befo~e w a(te~ matu.ity, without notice to any of vi; and to pay all coats of collectio~, includ;np •
rrjsonabk attoroey's fee in the evem of any def~ult hereunder, and hereby severally waives all benefit of hortiestead and exemptian uoder tlie cont?itufion
a:~.d laws of each State of ths United Stare~, as against ~his obligation a any e:tensio~ o? reoewal hereof.
Witness the hand and seal of each party.
s/t~iitchell L. Cieveland ~U
cs~~u
s Candace M. Cleveland ~i~
S31.65 -
c ) su+. a~,~,e
NOW, THEREFORE, 1M MORTGAGOR fp tha purpose of seturirg payment of said sum o} : 21 ~ Z~~ ~ and tM pc?formanc~ of tM
coyenanti ~nd ~gr~ements l+ertinafter expressed, ~nd for diven good a~d valwblt considerat;ons, by theie pre~ents, does yrant, b~rq~~n, ~cll, rem~se,
re~eau, convey and confirm unto the MORTGAGEE, its ivccessors ~nd ~ui9ns, all tMt certain lot, piect p puctl of land, sitvat~, lyirg, and beiaq in tht
~o„~~y ~ St ~ Lucie ~~t~ of ffo+ida, d~suib~d as fdlows:
Lot 2S, B2ock F, Maravill• Estates, as recorded in PleL Book 8, page 7'7 of the
~ublic Records of St. Lucie County, Florida,,/
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R~C
~~~SS 'C IM~ ~~N PAYMEirT OF TllxfS
~•ASUAMT TO CtL{p~R T072~E ~ ~ERT1;
ROGCR FOlTit14S, ~ ~ Ceurt
~ ~en ~t DANIEt N. KMp1yl~ JR
St lu~ie Ccw~ty Tax hllecbr
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_-a •~,e ?.•••m~n~s. Mredit~menh ~nd ~ppurt~nces tl?ereu~ro b~lonqinQ w in u+ywi~e ~pppt~ininq.tl+NNO, and ~11 rMts, bswa.
p~xeeds and p.ofin ~cc.uiny ~nd to sccrw from s~id premiaes, all of which ue inclvdsd in tM ~bow ae~ iwpoinp dwvipiio.~ i,a~::.~;:..-..
TO HAVE AND TO HOID tM abov~ dsuribed ~nd yr~nt~d prem~s~s umo tM said MORTGAGEE, in wccessws snd ~apro fwew~. Md tfi~ sald
their
MORTGAGOR fw h~irs, e~cecv~ors, sdmini~traron and ~ssiyna, !»?~by cov~nann wiih th~ said MORTGAGEE, its wcc~s~ws and ~asip~a,
~~.t the~r a re ~+~~ih se~:ed of tM said prsmis~s in fe~ simplr, tMt th~ same ~n frN, cbar Md dixlw~ad frae ~It ti~ns ~nd w+cunr
b~ances in law or in puity. ~nd that th~ wilt ,~d - their hein sMll wursM ~nd d~(end t?w titb b ih~ s~ent to tht ~ald
MORTGAGfE, irs tuccessor~ a~d aui~ns, faewr aQiinst tF+~ I~wfvl cl~ims and d~m~nds of d) p~rsoro;
AROVlDED, AlWAYS thaf if tht MORTGAGOR shall p~y unto tM MORIGAGEE the promisfory ~ot~ i~tt~u~befw~ d~strib~d and ahall trvly, ptoenptly
•nd fuily ptrfwm. d~xM.ye. •:ecut~. compkt~. canply wirh and ~b~de by each ~~d ~very tM stipulations, aprKm~nts, oondition~ ~nd oownsnn of s~id
, prom~sso~y not~ a~d oi this JNonype. tMn thi~ Mortyap~ and tM Euite h~r~by v~ated shdl ctsN and b~ n~fl u~d void.
IT IS UNUERSTOOp ths~ the word "MortQa~or" wi+~tMr in tM sinpul~r a plwd ~n~rwF~~ in this Mwlyap~, aMll be sirgul~r if on~ only ~nd
?h~ll E~ plural jantly ar~d ~ewrally if mor~ tha~ oek, and tMt tM wwd "~h~N" as used •~ywher. in ~hK Maiyap. ~MII b~ ~ak.n ro m.u? ••his," •'Mrs,•,
o. "iri " wl+er~va rM conf~x~ w~mpliea a adm~rs. /llso, rl+~r wl~ersver the.~ y• nf~renu in tM coreninn and pr~nri F~~i~ tont~inad 10 ~ny of
~h* p~nies h~.ero, the ~ame ahall b~ corunwd ro m~an a~ wtll u ~M hein, lepal repre~e~uatives. woc~uors ~nd usq~s (~irMr volunrary bp act of tM
pa~ti~s w involvnqry by opcra~ion of tM law) ot ti+e sam~ a+d that th~ coven~nb herein cont~ined sh~tl bind snd tlw bK~t/itt a~d ~dvantapN i?Na~
ro tM r~sp~ctiw F?~r~, laya! representativ~s, successors snd au'pns o~ tFw p~rti~s her~to.
Md said Mortpapon, fw tl+emselv~t and thti~ M'as, Ipal rtpres~nutivp, wcceuon ~nd ~uiqra, h~reby jointly u~d wwrally townaM and pra+
to u+d with the sa:d liw.::v:.:,«. a; i~ro:
1. To pay ~11 uid ainputar th~ qincipal and interest +nd the variout ind sundry sums o1 money p~YaWf by virtvt of said p?omfiaory no1~. ~nd ti?is
nwrry~ye, each ~nd ~wry, pomp~ly on t!» days rssFredirdy tF~e tarrK swaratly b~cwn~ dw.
2. To pay ill and Hrgvlw th~ t~x~s, suessm~nn. Iwies. IiabiliY~es, oblipatiaa ~r+d ee~c~n~b~~nns of ewry rwtur~ and kind ~ow on ~aid d~wibed
wopertY, a ehat he.~~fm maY b~ ~n+Pw~d, suffNeA, plaad. Iwied, o? askssed thenon, a tM~ Mr~~ftN may b~ tev»d a asseawd upoe~ thi~ Marp- 1
a rh~ ind~br~drwu ~a,r~d he.eby ~ach ~nd ~wry. wh~n dw u~d payabl~. ~awdiny ro law, befo.e th~y b~car~ drlir~rarN. ~nd befon ~r innr~st ~
:naches o~ any penalfp is incurred; AND INSOfAR AS ANY 1HEREOF IS Of RKORO TME SAME SMAII dE PROAMitY SAT15f1ED AND DISCHARGEO OF f
RECORD ANO TME ORIG~NAI OfFIC1Al OOCUMENT (SUCH A5. FOR INSTANCf, THE TAX RKf1YT OR TMf SATISFACTION pAPER OffICIAtIY ENDORSEO ~
OR CFRTIFlfD) SNALL 6E ?lACEO IN TME HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and i~ tf~ ~wnt tl?~t ~ny the~eof is ~ot
aa~d. uYSf~ed and dixhwyed is d MORTGAGEE may a~ ~n~ ~~me pay ~he sanv w•ny pah rhereof witf?out w~iv~ng w~ffeain~ ~ny option, tien, puitp or
•~a~~i undN w by virtue of tAis mo~ryaqe and rh~ fu!! amavnf of exA and erery such payment sMli be immediately dw and payaWe ~nd sMll be~r illfNffl ~
s.om the date ther~of untit paid at r~~e of ritie p~r centum per ~nnum ~nd toyetlxr xv;tF~ y~~terett ~f~b~ ~cyted by tM li~n of th:a moryta~.
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