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TNIS INOENTURE, Mad~ the ~ g{' day of ~C81~O~r ~/l,p• 19 betw~en
Bernard E. Proud and 9dna B. Proud, hia ~rifb ' ~
of St• I+uC~@ ~p~~~y F~prid~, hereinafter dssgnatcd •s tAe "MORTGAGOR," ~nd FtRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, • mrporat~on oryao~:ed and ex~s~~ng under tM i~w~ o} th~ UNted Stai~i of Ameriu and havinp its principal pl~ce of
bui~ness in ti~ City of Fort Pisrce, St. lucie Counry, florida, here~nafte~ des~ynated ~i th~ " ORTGAGEE."
WHEREAS tM MORTGAGOR is justly indebted ta the MORTGAGEE in the wm of S~~~~'~ . good and tawful money of the Un~ttd ;
S+ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidencrd by a tertain promiuwy note of even date herewith, of wh~ch the foilowing in t
~ords and f~9ures is a tru~ copy, to-wit: j
s 6~~pp.pp ,,b 3-17,68b #
Fort Pierc~. flwida. ~C81Rb@1' ~ ~y 7~ ~
For value received. 1, we or either of u~, ro se to a without defalcation, to the o~der of FIRST fEDERAI VINGS ANO IOAN ASSOCIATION OF
~ORT PIERCE at Fwt CPierce, Florida, the sum of 5-=~-~~~ w+th interos~ from date at the rate of~'~ :~e per +nn~m, in monthly instalb
•~rnrs as fo1!ows: S__78•~ on the ~ 3t' day of Februazy ~q 72 a like sum on the cwrcspo~d~ny day of esch month there- ~
ai*er until the whole be fully paid. ~
Eath installnKnt first shall be app~~rd in paYme~t of the inte~est and ~hen on the unpaid batance of the p~inc;pal sum. If d ault is made in the ~
y~armenl of any installment when due, and such defau!t continucs 30 days, then at the option of the holder, and w~tho~t any oti~er not~ce, all the remaining
«staltments shaii ba d~e and payable at once. P~~vilege is g~ven to p~epay this note ~n whole or in part at any t~me withou~ penalfy. Neithe~
pi/a~ebc~arance, ~
nor acceptance by the holde+ thereof after any deFault en any payments he~eon, ahali be dermed ea~ension. A ta?e payment charge of S 2~
--.7v shall be ~
~dded to each instaflment ~emaining unpa,d 7 days after its due date, and a like sum shall be added to each such ins~allment remaining unpaid 7 days after
~ach succeeding payment dare.
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Each maker, surety and endorser hereof, jointty and severally, waives drmand, presenrment protest and notice of protest for nonpayment, and further
a~rees ro any extension of t~me of payment, ei~her before w after mawnty, without not~ce to aoy oi us; and to pay all costs uf coL'ection, includ~ng a
~e_+sonable attorney's fer in the event of any defau!t hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution
~d laws of each State of the United States, as aga~nst this obl~gation a any extens~o~ or renewa! hcreof.
Witness the hand and seat of each party. '
s/ Bernard E. Proud (SEAI)
(SEAL)
s Edna B . Proud ~sEw~~
i ~ . ~ ) State Revenue ~~U ~
±6~wwps-~cancdle~ ow a+ginaF ~+e~e~ :
NOW, THEREFORE, the MORTGAGOR fw the purpose ef securing payment of said svm of = 6~~~'~ +nd the performsrxe of tht ~
covenants and +gresments F+ereinafter expressed, and for d~vers good and valuable cons~derat~ons, by these presents, does grant, bargain, sell, rem~se,
release, convey and co~firm unro the MORTGAGEE, its successors and +uigns, all that certain bt, piete or parcel of Iand, •ituate, lying, and be'u~ in the
Covnty of SL. Lueie and State of Fbrida, described •s follows:
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' Lot !t, Block 3, S'~IINoLE PARB SUBDIVISION, as per plat ;
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~ thereo:' on file in Plat Book 10, Page 11, of the Public
~ Records of St. Lucie County, Florida ? 3
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~ i~ ~ - in P~v~~+r oF Tiuces
f ~r i~ ~..J A R£CF1VE~ _
x w S~ ~ I ~ T: X DJE ON CL.~SS 'C INTANGIBLE PERSOHAL PROPERIY, ;
.~~~T•. ~ • PL~:S:'C..i i0 CHl1PTER 20724, ACTS OF 1911.
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' Z = ' = P,G'G~ ~JI ~ ~ Cle~k Circuit Court
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o = 9 O O_ as k:;'~ : i.r C~,NIEL N. KNOWLES„ JR
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~ v~ ,~f~*.~ ~c'.-:_ - St lu~ie Cour.ry T~: Callettot
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~ together with all snd singular the fenemenri, hcrcditart+cnts •nd sppurt~nces thereunto belonging or in anywise appertaininy thertto, and •11 renlf, iuup, !
~ proceeds and profin accru~ng snd to acvue from said prcm'~ses, all of which are irxluded in tix above and fore~oirg dtscription ~nd habendum• ~
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TO HAVE AN~ TO HO~O the +bove dew~bed ar+d granted prem7us unro the said AhORTGAGEE, in s~aessors snd suigns fw~ver. Md tM said ;
MORTGAGOR for - th@~I~ heirs, eaecutors, administrators and sssigm, hereby covenants with the ssid MORTGAGEE, iri wccessors ~nd ~ui~ro.
~hat ~'~y ~e- lawfully se~zed of the sa~d prem~sei in fee simple; that ti+e s+me are frae, cle~r ~nd d~acharged from ~11 liero u~d encwrr
V`~ brances in law or in equity, and that t~~ will snd their_ ~;n ,~„u w~rraM ~nd defend tM title to the same to tM s+id
- MORTGAGEE, its successors and auiyns, forever against the lawful claims and dcrosnds of all persons;
- PROVfDED, ALWAYS that if the MORTGAGOR sMll pay unto the MORTGAGEE 1he promiuory note herei~befor~ dswibed and shall truly, promptiy
' and fully perfwm, discharge, execute, complete, comply with •nd +bide by each and every t1~e uipulations, agreements, cond~~rons +nd covenann of said
prom~aswy note and of this Mortgage, then this 1Mo?tgage ~nd the Estate hereby ve+ted thsll tesse and be null and void.
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= IT IS UNDERSTOOD thst the word "Mortgagw" whethcr in the sinyuiar or pl~ral ~nywhere in this Mortgage, sh~ll be sir+gul~r if on~ only snd
i: shall be plural jointly and severally if more tMn one, a~d that the word "their" as used anywhere in this Mwtg~ye shall be faktn to mesn "his;• •'hsro•• ~
r".s or "its," wFx.ever the context w implip or admits. Alw, tMt wherever there is • reference in the covenants and ayreemenri herein contsined to aoy of ' i
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= rhe ps?ties hereto, the same sFvll be construed to mesn as well ss the heirs, {eysl represeMative~, successon and sssiflrn (either vo!untary by +ct of tht
partip or involuntsry by operation of tF?e law) of the ssme and that the covenants hereio tontairxd shail bind and tht benefiri snd ~dvaMspts iour~ ;
ro the respective hein, legal reprexntatives, successors and au~9ns of the parties hereto.
And said Mortg~gors, fw themselves snd their hein, le9+l repreuntatives, successors ~nd ~s~igns, hereby jointiy and ~evaally cove~+~nt and ayree
~x' ro and with the said MORTGAGEE, its successon and asaigns:
_ pay •II and singular the princip~l +nd interest snd the vsriovs and sund sums of mone ~bk b virtue of uid omii note, ~nd this
1. To ~Y Y P+Y Y P~ ~Y
mortgage, e~ch and every, promptly o~ tFx dsys respectively the ssme severally becoms d~re.
2. To p~y s11 and singulsr tht taxes, sssessments, levie~, liabilities, obligatiau end encumbrances of every nature and kind now on said described
property, a th~t Fx?eafter may be imposed, ivffered, pl~ced, levied, or assessed therson, w thst hereafter may be kvied w auessed upon tfii~ Nbrt¢
aye, or tM indebtcdneu sccured hereby. e~ch and every, whcn due snd payabie, accordiny to law, before ~hey becon+t delinquent, u~d befae ~ny iMNest
= attaches or any penalry is incurred; AND INSOFAR AS ANY THEREOF 1S OF RKC'D TNE SAME SMAII BE PROMPTLY SATISFIED AND OISCHARGED OF
e:~ RECORD AND TME ORIGINAI OFFlCIAI DOCUAIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENDORSED
= OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst any thereof is not
` pa:d, sat sfied and discharged sa'd MORTGAGEE may st any t~me pay the same or ~ny psrt thereof without waiving or affectin9 any option, lien, eq~ity or
_ •+aht under a by virtue of this mo.rgege and the fu~l amount of each and every such payment shall be immediately dve and payable snd sh~ll bsar interest
_ ~.«n the date the.eof uro~I paid at rate of n~ne per ce~tum per annum and toqerher w~~h suc~ i*er~ be sec'~~d.,t~?~e ~ien of th:s mor~tye.
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