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THIS INpENT:1RE, Made ~he 2n~ da of Decembe r ~
v A.D. 19 7 1 between
Lerc~ C. F1~ d and Verdell Floydi his wife
_ a/k/a Leroy C. Floyd, Sr.
~f ~t. Lucie County Hw~da. hereinafier designated as the "MORTGAGOR." and ~IR57 FEDERAL SAYINGS AND IOAN
ASSOCIATION OF PORT PIERCE, • corpora!~on organi:ed and ez~s~ing under the laws of the Un~ted S~a~os of Arrkrica and h~viny itt principal plac~ of
!,~s~ness in ~he Ciry of Fort Prorce, Sr. Lvcie Counry, Fiorida, he,einafte~ desipnated aa the "MOR7GAGEE"
WHERfAS 1l~t MORT6AGOR ~s justly indebTed to the MOR7GAGEE in the sum of ~ 8O L~~ good and lawful money of thc Umtcd
S~a~es advanced by ~I~e hIJRTGAGEE ur.to ~he MORTGAGOR, as ev~denced by a ceria~n prom~ssory note of e~en dare herew;th, of wh.ch the toiiow~n9 in
wo~ds and fi ures is a tr~e copy, to-wiC
1~n,00~.00 ~ 3-17,699 <
December 2 ~
fwt Pierce. Fla~ids. ~ 19 `
fw val~e r~eived, I, we or e~the~ of us, prom~se to pay, w~thout deialcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOClAT10N OF
~;~RT PIERCE at fort Pierce. Florida, the sum cf S_ `8~1 U~~~• _~,,;;th ~n~erest irom date at the rate of 8~ Qo p!f •nnum, in monthly inttsll-
~:.~,rs as fo~!ovvs. S- ~h~' on the 1 St day of February _ 19_ 72 and e like wm on the correspond~ng day ot eacb mantR thtre-
a'rrr untii the whae be futly paid. ~
Eech ~nsraNmene hrsr ahali be appl~ed in payment of tht mrerest and ~hen on the unpaid ba;an;e of the princ~pal s~m. If d au~t it msde in tfie
..,vment ot any instaUment when due, and such deFault continues 3C day:, then at the opn~n of the ho~der, an~ without any other not~ce, all the remaimny
;~~;Tallments slwli be d~e and payabfe a~ once. Prrvilege ia given to prepay this nore in whole or irt part at any t~me w;thoui penafty. Neither forebearsnce, !
n~- atceptance by the ho!der thereof afre~ any detaa,lt in any payments hereon, shall be deemed extens~on. A lare payment chargt of S 43 . 30 sha11 be t
~:i~rd to each instaliment rema~mng unpa~d 7 days afrer its due date, and a I~ke sum shall be addro to ea;h s~ch installment remaining unpaid 7 dayt ~fter
each succeeding payment dare.
. ;
Eath maker, wrety and endo~ser hereof, jointly and severally, waives demand, p~esentmem protest and no~ice of protest for nonpayment, snd furlher
e;~~eea to any ezrens+on of nme of payment, elrher befo~e o. afte. marurny; wirhou~ no~~cc to an~ of us; and to pay a~l costs of co!lection, includ.ny a
,>onable atrorney s fee in rhe event o! any deiauh hereunder, and hereby seve•a:ly waives ali benef~t of iwmesread and exemption under the consNtution
<~-,;i laws of ea:h State of thr Uni>ed Srates, as aga~nsr this ob:~gano~ o~ arsy eatens~o~ or re~ewal F~reof.
W~tness the hand and sea~ of each party.
s/ Leroy C. F1 oyd a/k/a ~A~~
_ Leroy C. Floyd. S~~A~~
VPIQP_ 3 I r i 1`,~y'~ (SEAL)
12 Q. nU ) Statc Revenue REAI)
-i5~amps'ttr.~~effed oet orlglns! Te?~'
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said s~m of S 8Q + OQ~' • , and the performsnce of the
:o~enants and egreements hereinafrer expressed, and for divers good and valusble considerations, by these presents, does grant, baryain, te:l, remise,
•~~ease, convey and conf~rm unto the MORTGAGEE, its sutcessors and ~ssigns, all that cenain ?ot, piece or paresl of la~d, situate, lyin~, and being in ths
~ounty of 5t . L'uC lF and State of Fbnde, desuibed ~s follows: '
t
The West one-half of Tract 24 of GARDEN CITY FARMS, less and except
the South 125 feet, according to the plat of said subdivision as recorded
in Plat Book 2, at page 5, Public Records of St. Lucie County, Florida;
less also right-of-ways of recard, said land being part of the Northwest
4 of the Southwest 4 of Section 4, Township 35 South, Range 40 East,
TOGETHEK with an easement for ingress and egress over and across the West
~ 25 feet of the East 125.9 feet of South 125 feet of said West ~ of ~ract
29 GARDE:~ CITY FAR~1S,?
~
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~ _ _ FJu~~ i'C,..~t+~: :.ie:k C;r._,:,1 Ccurt
- ~FC3-'71 ~ t -
O - ~=2 O O O~ ~ t-. ~ rr=r N. KNci1Y! ~S~ JR.
c; as Age..t ~.t _i
N oE:i. Of CIYECUF -
. P9.j+ar+: - St ~u~~e Cc.:rry Tax Ce;iecto~ /
s ~ t •~<<< V
F o _ . . . . ~ ~ 0 U 0 = e~ DEPiITY CIERK
~ ~ otrr ~ e:_e~:.~__~ ~:~!•e = '
~ 9 0 ~ i x . " '
rogether w~th atl a~ singular the tenemenri, AereditameRb +nd appeirtances thereunto belonging or in ~nywise appert~ininy fhere/o, ~nd •11 renri, is~ues,
a~oceeds and profits accruing and to accrue from said premises, all of which are inctuded in the above ud foregan~ ~eacription and habendum.
TO HAVE AND T~j HQLD the ~bove desvibed and granted premises umo the said MORTGAGEE, its auaesson and assigns forever. And th~ s~id
MORTGAGOR for t_"e 1 r---- he~rs, executors, administrators and assigns, Fxreby covenants with the s+id MORTGAGEE, ib succeuas ~nd ~ssipn,
rhat - Y---_
; t h e a re lawfully seized of the said premises in fee simple; that the same ~re free, c;e~r ~nd dixh~r~ed i?om •11 lieru ~rd tncwt?~
orances in law or in equity, and that t hey w~~~ and t he i r shall wa~rant snd defend ihe titk 1o the same to fhe said
MORIGAGEE, its successors and auigns, forever aga~nst the lawful claims and demands of •11 perior~;
PROVIDED, AIWAYS ti~at if ehe MORTGAGOR shall pay u~to the MORT6AGEE the promissory note hereinbefore destribed ~nd sFull buly, p~omptly
and fully perform, discMrge, execure, compkte, comply wirh and abide by each and erery the stiputa~ions, ~yreements, conditiwa and covenanb of taid
pramisso~y nore and of this Mortgage, then this Mortgage and the Estate hereby ueated shall ce~se and be null ~nd wid_
!T IS UNDERSipOp that the word "Mortgsgor" whethPr in the s~ngular w plural anywhere in this Mortgpe, shall be sirqular if w~e only ~nd
; shall be plural joi~tly and severally if more than one, and that the wwd "their" as used anywhere in this Mwtpaye sMlt be t~ken to mean "his;' "hen,'"
or "its," wherever the context so implies or admits. Also, thet wherever there is • reference in the covenants ~nd syreements herein cont~ined to ~ny of
rhe p~rties here~o, the same sha~l be canstrued to mean as we~l as the heirs, leyal representativet, successw~ ~nd auipru (either volunt~ry by acf of the
parue; or involuntary by operation of the law) of the same and that the covena~ts herein co~taroed shall bind and the beexfit~ ind adwntapp inw~
ro the respettive heirs, legal representativa, successors and au~gna of the parties hereto.
And said Mwtgsgon, fw themselves and their heirs, legat rep~exmativp, successors and assgns, hereby jointly snd severally covenant ~nd apree
ro end with the said MORSGAGEE, its successors end sssigns:
1. 1o pay ali and singu{~r tf?E principa~ and interest and the varaus •nd sundry sums of money payable by vinue of ssid promissory note, and this
mortgipe, each and every, promptly on tix days respettivety the same scverally become dJe.
2. To pay all and singular the taxes, ssseuments, levies, li~bilities, obligatiw~s •nd encumbrantct of every nature and kind rww on said desaibed
property, o~ that hereafter may be imposed, suffered, pl~ted, levied, o~ ~ssessed thereon, or that hereafter may be Ievied w assessad vpp~ this ~Wprtp.
+ge, or the indebtedneu secured F,ereby, each and every, when due and payable, eccwdirq ro lew. before they become delinquent, ~nd befon ~rry imerest
a~raches w any penalty ~s incurred; AND INSpFAR AS ANY THEREOF IS Of R[{ORD THf SAME SHAII BE PROMPTIY bl4TiSFIEp AND UISCMARGED Of
RECORD AND THE ORIGtNAL OiFIC1At DOCJMEWT ;SUCH AS. FOR INSTANCE, iHE 7AX RFCFIPT OR THE SAi15FACT10N PAPER OFfIC1ALLY ENDORSE~
OR CERTIFIED) SHAII BE PLACEO IN THE NANDS OF SAID MORT(',AGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tFk event that sny tFKreof is not
~a~d. sar sfled and d~scharged sa.d rAORTGAGEE may a~ any hme pay the same w any part thereof wrthout warving or atfect~ny e~y option, Iie~, equ'rry or
•:qht ur.der or by w-tue of this mo~tgage and the full amount of each a~d evay sucF payment sfiall be immediately due and payabk ~nd sball bear interest
i~om the date thereoi urttil paid at rate of n~ne per tentum per annum end togethe~ w+tl~ ~th shaC[t~~y~~by the lien of th:s mor9t~.
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