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TMIS IN~ENTURF. Mad~ the 16 th day of Novembe r A.D. 19 71
liarold P. Mayyarcf and Cather ne . P~?ggard, his ~ite
o~ SL.
L~UC
@- C~nfy Fiwida, 1?Heinafter dNgn~ted ~s fIN "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS ANp LOAN
ASSOCIATION Of FORT PIERCE. ~ cwpora~ion ap~ni:~d and •xistinq u?~der IM I~ws of tM U~ited S~at~t of Amtric~ and Mvinq iri principal plac~ of
bu~irN~ in tl» City of Fort ?iNC~. St. l~ci~ County. ilorida. 1»~~ina(tK d~iipnat~d H tM "M01~j~l~GEE." ,
6~ xJ~J . W end lawiul money ot the Un~ted
WHEREAS Iht MORTGAGOR h ~ustly indebqd to tFw MORTGAGEE ~n Ihe sum of = ~ 9 ~
Srate~ advanced by th~ MORiGAGEE u~~o 1M MORTGAGOR, a~ evidenced by a certain pro~n~awy note of even dat~ herewith, oi wh~ch th~ foilowinp in ~
~ordi and 1' uro~ i~ a hw capY. towil:
s 6~~.~ ~ 3-1?~644 ~
F,,, P~n, F~a~,. November 16 ~9~~
fw value ~eceived. 1, we ar either oi us, promiie to psy, withouf def+lc+~~on. fo the order oI FIRST FEDERAL SAVINGS AND LOAN ASSOCIA110N Of ~
~ORT PIERCE at Fwt Pieru, Ilwids, the +um of s 6• 5~ w~th interes~ from da~e ~t the ~ats of ~b'pN +~~um, in mwNhiy iratall- ~
~•~~~ts as fol;ows: Z- 79 on tFN 1St day of January ~q 72 ~ ~ lik~ sum on ~M caraspa+d+~ d~y of exh month therr
afrer untii the whol~ be fuily pa~d.
Each inst~~iment (irst thall be +pp~~ed in p+Yme~t of ?h~ imerest ~nd then w? the unpaid bal~nce ol the princ~pal sum. Ii d+ult h m~ 1n IM
; 3~meM of any instaflment when dw, s~x! wch defauti co~tinues JO days, the~ at 1he option o( the ha~cler, and w~thout any ot~.ac ~otic~, ali tM remai~ing {
„srallmtnb shail b~ due and payabte a1 o~te. Privileye i~ qiven to prepay Ihis nofe in who1~ d in p~rt st ~ny time e~ethout penalry. N~ither fa~bear~ncs. }
~o~ accepbnce by the holder thereof aftcr anr delauh in aoy p+Yme^ts I+ereon, ~hall be deemed eatension. A lale paymeM chsrge of Z 3• 9 S sMll be ~
a~~~!ed to each installmen~ remaininp unpaid 7 days aft~? ift dw dat~, ~~?d a like sum shall be added to each ~uth instaliment remaining unpaid 7 dayf ~her
each s~cceedinq paymero date. f
Each maker, suraty +nd ~ndorsa~ hereo~, jointly and sevcrslly, w+ives demand, presentme~t protest and no~ice o/ proteft fw nonpsymant, and fuAM~ ~
agrees to ~ny eitension of hme of paymcnt, eithe~ before w afte+ ma~u~ity, without nohce to sn~ of us; ar+d lo pay all cost~ o( collection, irxludinp a ~
~eesonabk atrorney's fee in the event ot any deFaull he~eunder, and Mreby severatly wsivet all benefit o( homestead and eaemplion under 11N tonati?ulion
a~~d laws of each State of tM United St+tes, aa aflainst this obliy+tion p ~~y e~ct~n~ion or renewal hereo}.
Witnesi rM hind and seal of each par~y.
s/ Harold P . Maygard ~~q
(SEAt)
s/ Catherine B. hiaggard ~~q
(~?U
1_ 9~ 7 5 ? st.~a R.venva
c4arnp? saw~tli~ ~w ~.iyi.»LwoM~
NOW, THEREFQRE, rM MORTGAGOR for the purpose of securing pa~m~nt of ~atd ~wn of i 6~~~ ~~d tM P~~fwm~nc• o~ tM
cove~sntt ar+d syreemeni~ herti~aittt eapresacd. ~nd for dive~a pood and vatwbl~ con~ider~?io~~. by 1hef~ pres~nts. doef yrant, b~rq~in, sell, r~mise,
.elesse. conv~y ~nd confirm unto tM MORTGAGEE. ib tucceaw.s a~d ss~~yns. •11 that c~ru~n bt, piece or parcel of I~nd, iifwtt, lyiriy. ~nd beiry in tM
County of St . Luc ie St~t~ of Fto.+da, d~s«ib~d a~ folbws: ~
i,c,t S, Block 1, of RIVER PARK St~DIVISION, UVI? 2, as per plat thereof recorded
:n Plat Book 10, page 72, of Lhe Public liecords of St. Lucie County, Florida,
W S i~~~~~ HLUF21~,tj? ~
v ~ DOCUl~'~, 'a~~.,,__ST:.t-,P t:~ it
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_ !oqe~1+M w~rh atl ~nd ~inqul~r tM terwrt+K?ts. Aer~d~tamN?h ~nd ~pp~rt~nces therwnto b~lonpiny a in ~nywiN ~ppNt~lrwnq tf+MSto. +nd ~II r~nts, is~uea.
~ p'oceeds ~~d profits accrv=nq u+d w~ccrw from iaid premis~s, dl o( rrh~h ~n inck~d~d in th~ ~bov~ a~d fapar+q d„aiption ~nd MbN+dwn.
IO MAVE ANO TO ~p tM abow describ~d u+d ynnhd pr~m7s~s umo the wid MORTGAGEE, it~ ~ucceswn u?d ~ssipr» ~wewr. And t1r wW
F' MORTGAGOR fa t'•° 1 f--- ~in, fEKY1pt, administr~ton and •ssipns. hNeby coverunts witfi tM t~id MORIGAGEE. Hs sutceason ~od naiyrr,
the are ~
~hat I~wlvllyt wizd of tM s+id pr~mhes in fe~ ~imp1~: tMt tht wme M~ frN, cbN and diacharqd }ran stl lierN and ~newr? :
' braeces i~ I~w a in equity, ad thi~y will and th@i! Mir~ ~hall wsrraM ~nd d~ft~d the titl~ b tht sam~ to Nw wid t
VtORTGAGEE, its ~ucc~uort ~nd aaqns, fwewr ay~inst tM I~wful claims and d~mand~ o~ all psrsora; ~
~ PROVIDE~. AIWAYS tMt if ~h~ MURT6A('aOR thall pay unto tM MORTGAGfE tM promis~ay not~ herei~befp~ dacribed u+d ~MII trv1Y. piomptly
,.:d iutly p~rfwm. d~uMrpo. •:~cut~. compt~te, comply wirh and ob~de by eacfi ~nd ~vMy tM stipulatiwa, pr~em~nts, cond~tiom and oov~n+nts of wid
- prom~ssory ~oi~ and of this Mwtpay~, tMn tfiis Mwtype and the Esate htr~by ueated ~hall uau and b~ null ~nd wid•
IT IS UNOERSTO00 t1?~t th~ word "Mortypa" wMtMr i~ tM s~nyutu a plwa! ~nywM.~ in this Morty+~e. ~h~ll b~ sinpular if on~ only and
- s1,~11 b~ plu~d jointly ~nd wver~lly if mor~ tMn on~, a~d that tM wad "rM'a" as uied a~ywM.~ in ~his Morrpa~e ah~tl bt Nk~n ?o m~+n "h~s.•• •'Mn••
or ..in," whe~~vK rFK conaa~ w impti~s w~d~n;n. Atw. ~Mt wFKrevK thcr~ h a r~ftrenc~ in ~M covenant~ ~nd apr~en»nb I~~in ca+t~i.rd w anp of
` rM parti~s Mreto, the sam~ ~MII b~ comtrvad to rrw~+ as w~ll ~s tM Mira. Ip~l rtpreKm~tive~. wcceuors and sssiqro (titMr volunt~ry bp act ol tM
~ pa.r~es a involumsry by op~.a~io~ of ~M law) of ~M ssm~ and tha~ rhe covenanta FKr~in contai~+td shatl biod ~nd the b~r»fits ~nd adv~nbq~s kwn
- ~o the ~hp~ctiw h~in, Ipal r~pre~e~tativ~s. succeswrs and ~u~yro oi tM pani~s Iw~Na
- Md ~id Mortqpas, fo. thems~lws snd tt+eir Mirs. Ip~l np~~wn~~tiws, u?cc~uus u~d ~uiqm, h~r~by joi~~ly ~nd s~vHally cov~nar?t and grN
ro~nd with tM uid MORTGAGEE, in ~ucc~sson ar+d +sspm:
~i
_ 1. To p~y ~II ~nd sirgul~r tM pr~ncipal u~d intNe~t N+d tM various ~nd s~ndry wms of rtarwy paY+bl~ by vi.tw o~ said promiswry nw~. ~+d tF+is
mwtyay~, sach srd ~wry, panPtly on tM days nspectivtFy the samt ~v~rally becortw dw.
Z_ To pay ail and urpvla th~ t~~c~s, aswssnr~as. levies, liabiliti~s. obliyafiona and encvmb?~ncer of ~wry natw~ ~e~d kind eaw on said d~wiad y
prope~ty a that Mreafter may be irr?pwed. wffN~d, pl~t~d, levi~d, a~swued tFrrwn. a tMt Mreaft~r miy b~ I~vi~d a uwrNd ~rpon tF~M Motq- ~
ay~, a tM indebt~dneu kcunA I~eby, e~ch ~nd ~very, when dw and payabl~. ~awdi.g ro I~w. b~fw~ th~y b~corrw delinqu~nt. ~nd b~fw~ a~r i~NKNt t
etuches p any pen~Ity is incorred; AND INSOFAR AS ANY THEREOF IS Of RKORO TME SAME SFIAII 8E PROMiTIY SATISfIED AND OISCHARGED OF
RKORO AND THE ORIGINAI OFi1CIAl DOCUMENT (SUCM A5, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION VAPER OFFICIAIIY ENOORSE~
- OR CERTIFIED) SH/4tl sE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT; and in tht ~wnt tMt ~ny thtnof i! nW
paid, saYSfied a~d discharqed sa:d MORiGAGEE may ~t any t~me pay the t~mt o~ +ny put tl~ereol withp~t waiviny or ~ffectirg any option, IiN?, puity p
- •pM unde~ a by vi.tue oF this monysQe and ~he full smo~rm of e+ch ~nd wery such p~ymem ~hall be immediately dw •nd payable ~rd ~hall b~ar interest
~•om the datt thereof until paid at wte of n~ne pe~ csntum ;xr ~nrwm •nd to9e~her w;th such int ~ I ~~f~~~~ o/ th:~ maaUQe.
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