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THIS lN~ENTURE, M~de ths 16th day of yov~mber n.o. ~4 71 ~n~.«? '
I2oUert R. Presise~ St. and Ruth l.. Pros se, s wife ~
of _ St. Lucie_ ~a,,,,y F~«;d,, MreinaftK dttg~ated +s tM "MORTGAGOR." and FIRST FEDERAI SAVIIyGS AND IOAN
ASSOCIATION OF FORt PIERCf, • ewporation wqanized and eais~irg w~dN ~M (:wt of tM United Stat~s of America and luvinp in principai pIK~ of
businhs in tFw City of Fort PiKU, St. luci~ County, florida, her~irWftN desipn~~ed +s th~ "MORTGIIGEE."
WHEREAS tM MORTGAGOR is jwtly ir~d~bted to tht MORTGAGfE io tM sum of ~ 11 good ~~d Iawful nwney oi tM Uo~ted
Sfatei advanced by tFw MQRTGAGEE unto ths MORTGAGOR, as evidenced by a cena~n {xomiuory r+ote of even date herewitF,, of wh~ch the tollowirg in
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l~nd~ur trw coPy. ~o-w~t: ~ 3-17 646
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~ P~n, F~~, Novembe r 16 ~y
for v~lue received, 1, we w either of us, promise to pay, without def~lcation, to the order of FIRST FE~ERAI SAVINGSS AND IOAN ASSOCIATION OP
fORT PIERCE at Fo.t Pierce, Fbrids, ths sum of ~ 11 • O0 w;th interes~ from date at the rats of 7''% psr aru+wn. in mw~lhly install-
Men~s as fo~?ows: t 90.00 t~ lgt ~y o{ ~an~==Y 1q 72 ~nd a I;ke sum on the cwrosp«+d~np d+Y of each mo~+th therr
after until the whola be fuliy paid.
Each installment first sl+all be applied in paYme^t of the interest and then on the unpaid balance of the princtpal sum. If d autt is en~d~ in 1M
Hayment of any instaltment when due, and such default continues JO days, then at ~he optio~ of the holder, and without any othc~ notKe, atl the remain~n~
~nsrallments shall be duc and payable at once. Privilege is g~ver~ to pr~pay thii no~e in whole or in part at any time without penalry. NeitFxr torebear~nce,
nor acceptance by the hotde~ thereof after any default in ~ny peymenh hereon, shalt be deemed extension. A late paymeM tharfle of s 4• 5O sha~l be
added to each i~stallment rcmainirg ur+pa~d 7 days afler ifs dw date, aod • like sum shall be added to each such inst~llment remaininp ~npaid 7 days aher
eech succ~edinp payme~t date.
Esch make~, surety and er+daser hereof, jointly arx! ~everatly, warvn demand, presentment proteat and notice of protest fo? rwnpayment, and furthtr
agrces to sny extension of time of payrru~t, either before a af~er maturiry, witiw~t nonce to any of us; end to pay all costs of collection, includ~nQ •
.easonabk attorney'a fee in ~he event of any defauh hereunder, ~nd hereby severally wsives all benefit of homestead u~d exemption undK ths constitutiw~
a~~d taws of each Srate of the Unitcd St~tes, as aga~nst this obl~ga~ion w any er~e~s~on or renew+l he~+~r . y~ ~ r~
Wirnsu the hand sr+d seal of each party. ~ ~
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NOYV, TNEREFORE, the MORTGAGOR for tM purpos~ of setvring p~ymcnt of said sum of Z 1 i~ SOa . 00 and tM pe+forma~ce of tl»
coren~nfa if~ ~t~trtlent3 fllfliMffll exp.eued, snd for dirers 9ood and valu+blt coniideratior+s. by thess presenta, doea yrant, bar~ain. ~ell, remix,
re~reu. conwy and tonfirm unto 1M MORTGAGEE, ib wcuuors and assipns, ali tMt cert~in lot, pieoe w puul of land. situatt. IYinQ, and beinp in tM
~o„nry ~ SL . LLtc: li? _ ~nd Sute of flwida, dswibd aa follows:
Lot 23, Block 143, L.AKEt:00D PARK, U:~'IT 11, as per plat thereof on file
in Plat Soo:: 11~ page 32 A, p`sblic Records of St. Luci~ County, Florida~ v
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~ toqethsr with •11 and sinyul~r tht t~nem~nts, hered~tamenn snd appurt~nces 1F~wMO belo~yu+p or in anYwis~ aPPer~~ini~p tM?~to, and all rtnts. iuuea.
~x ProCNdi s:.~ ~saf:il KGUIfl9 a?id ro acuw from uid prem+s~s. sll of wl~uh ~re inc.luded in the abow and faeqoin9 dhcription snd Mb~ndum.
TO HAVE ARID TO HOID tfu abov~ d~wibed ~nd 9L~nted prem,sea unto ths said MORTGAGEE, in suaeswn ~nd ~ss~pna fwewr• Md th~ wW
MORTGAGOR fa their ~,~«uta~, ~dminiitratw~ ~nd augns, herebY coven+n» with tM said MORTGAGEE, i?s wccessas s++d ~ss{pro.
~haf - Lhel' 8're bwlully s~i:ed of tM aid pr~mis~s in fee simpl~: that tM wrM are frtw, cwu and di~clw~d i~an ~II If~ea r+d M+cvnr
brancrs in bw w in equity, and that t hey w~~~ ~ ttll' l Y h~~n sha11 w~rrant •nd def•nd ~M riN. a rM .an+. w~M ~.td
MORTGAGEE, ies iucusso.: and assgns, for~ver p+init tM lawiul claims +nd demands. of dl perwro;
PROVIDED, ALWAYS that ii the INORTGAGOR fhdl pay unto the MORTGAGEE tM promiupy not~ Fwtsinbefo~~ d~tuibed and sh~ll tn?ly, promptly
•nd fully p~rform, disch+rpe, fXKUt~, compkt~, comply wirh and ab+de by each ~nd ~very tM ~fipul~tions, p.eerna+ts, conditam ~nd cov~+anb of wid
promissory oot~ u~d of thn Matyape, then this Mortpap~ and the Esate htrsby ueated shall ceas~ ud b~ null and void•
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- IT IS UNDERSTO00 ttwt the wwd "Matys~w" whetMr in the i~nqular w plwal snywMr~ in this Mwtyap~, shall b~ sinpular if oM only ~nd
ahall b~ ptural jointly ~nd teverally if more thsn orn, and that fM word "theu" ~a vsed anywMro in this Aho~ty~ shdl b~ tak~n to me+n "his.`••'Mn° i
- a"its;' wherevtr tM conte:t w imRlies w sdmits. Also, that wF~e~eve~ thert is a referencs irt tM covenann u+d apr~em~nn her~in contairwd ro u~y of
~J rM p~?ties htnto, tM sarr~e ahall b~ constrved to mea~ ai well ~i tM heir~. Ipal rspresentatives. sutceston snd ~uipns (~ithN voluntuy by ~et of th~
p~rtia w involum~ry by op~ratio~ of the law) of tM sam~ ud 1Mt the covsnann her~in contained ahall bind and tM bN+~firi ~nd advantap~s iewr~
:'e ~o ~he rKp~ctiv~ he'us, lepal represeroatives, sc«esson and ~u~~rn ot the pani~s htreto.
Md said Morty~yws, fa themselv~s and tMin c~'w~, ley~l repres~nurivn. ~ucc~uors a~d +uiyns, h~r~by jointly and sev~rally cownsnt and pr~e
to a~d with the ~aid MORTGAGEE, i» successort and ~uipns:
1. To pay all and iirgutar tF» princip~l and internt ~nd the various and sundry sums of mo~ey paY~bl~ by vktv~ of said promisso~y note. and this
mwtyaye. ~ach ~nd every. Promptly on the day~ resp~ctivtiy tiw sarn~ sw~r~lly bacort» dw. ~
2. To pay ~II ~nd H119YIM th~ taxes, as~essmen», Iwies, liabilitiss, oblgatam u~d tncvmbru+ces of ~very n~tw~ and kind now on s~id d~wibsd
~`r='; p.opNty, a tMt h~reah~r may be impoaed. wffNeA, pl~c~d, levied, or aaeswd therwn, a ti?~t her~ahe~ may b~ kv»d a assess~d upoo thi~ IN~ort¢
ay~, or tM ind~bt~dn~ss ucured hereby. ~ach ~nd every, wher+ dw and payable, accwdinp to law, bffMf ti~ey becan~ d~linqwM, and b~fwt ~ny int~+es~
sx •ttaches or any penalty is irxurred; AND INSOFAR AS ANY THfREOF IS Of RKORO THE SAME SNALL dE PROMPTLY SATISf1ED AND DISCNARGE~ Of
~ RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT ISUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSE~
OR CERTIfIEO) SHAII SE PLACED IN THE HANDS OF SAID MORiGAGEE WIiHIN TEN OAYS NFXT AiTER PAYMENT; snd i~ tFw ~v~t+t that ~ny tF~eof is no1
paid, sat siied and discharqed sa:d MORTGAGEE may st ~ny time p~y the s+rne a ~ny psrt thereof without w~ivirg w affettirg any option, lien, pvity a
; •~~ht under or by virtue of this mortq~pe and the full amount o( exn ~nd every such paynuM iMll be immediately due +nd p~yabk and ~hall b~u inte~~st
_ ~rom the date thereof until paid ~t rate o~ ni~ per centum per ~n~um and toyetMr witb s ch interc~t shall be secured by tM IiN? of th:s morytay~. ~
BOOK PACf 11
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