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THIS INDENTURE. Made the d~y of DQcOiDtier A.D. 19 berwcen
_ ~~rtiiur c:h~ster `'~mith ,?nd She:2~ S~aiih, h.s ~cif~,
~f S2. :,Ui 1(> ~pv~~y flprid~, hereiMftK desqn~ted at th~ "MORTGAGOR," and FIRSi FEDERAI SAVINtaS AND IOAN
.~SSOCIATION OF fORT p1ERCE, • tarpp~tion wpanized and ex~i~~n9 under fM Isws of th~ Un~~ed S~a~a of Am~riu ~nd Mvinp its punc,ip~! plate of
b.,~~nys in tM City ot fwf PiKU, S~. lucie Covnty, flaida, hercfn~fle~ ds~~qea~ed n tM "MORiGAGEE:'
WHERE/1S tM MORTGAGOR is jvitly indebted to the MORTGAGEE in the sum oi = GL+?VU• _ good ~nd tswful mor~ry o1 fhe U~:+ed
S~eres advanced by the MORTGAGFE unto the MORTGAGpR, e~ ev~denced by • cerrs~n p~omiasory noft o! even date herowitb, oi wh~ch 1M foilowin~ in
H~r~ ~nd fi9uret is a uw copy. ~aw~t:
z ~'cl,~C~^.(i!1 ~ 3-1T,71~
ron P~c~, F~o.;d•, December 8, ~y '1
Fx value received, 1, we a either of us. prem~se to pay, without dtfdcanon, ro ehe ordcr FIRST FFDFRAt SAVINGS AND LOAN ASSOCIATIpN OF
^+00 ~ 00
~ ORT PtERCE at fort pierce, f{orida, iht sum of f " S w,th inte~est from date ~t the r~te of f~ pcr ~nnum, in monthly inshlb
-.~~rs as ~o~towt: j I?~), ^n on the 2 SL d~y of Fe~r u'I Y_, 19__~ and a Gke sum on the cor~espond~r~ day of e~ch month tl+err
,'rer umil the whole be ~ully pa~d.
Each instaltment first shall be ~ppl~td ;n paymrnt of the intcrest ~nd +h~n o~ ~he unpa~d belance of the princ~p~l sum. 11 d ault is made in t1N
; o,mem of any ~nsra+tment when due, and such defauh continues 30 days, the~ at the opti~n of the holder, and w~thout a~y otner notice, all the remsin~ng
-~sra~Irrunts shail be due and payable at once. Pr~v~lege is given to prepay this note in whote w in par+ at any time wnhou~ penalty. Neither forcbearance,
~or acceptance by the holder thereof aftcr any default in any paymems her~n, f~all be deemcd e:tcns~on. A latc paymcm cMrye of i 8• S~ , aMll b~
<•ai~d ~o cach instafimcnt remaininy unpa~d 7 daYs after itt due date, ~nd t like sum sha11 be added to each such ~nsial~meM remaining ~npaid 7 d~ys afte~ f
each aucceeding payment date. ;
Each maker, surety and endoru? hereoi, jo~ntly and sever~lly, wa~ves demand. presentment protest end norice of p~o!cs1 fa nonpayment, ~nd iurther !
ag~ees ~o any exrension oi nme of payrrsent, eith~v txforc o~ aher maturity, withOUf nonce ro any of us; and ro pay sll cosn of coltectio~, i~clud.ng a ~
, r-esonable attorney's 4ee in the event of any default hereunder. and Ixreby severafiy ws~ves all benefit of Fw~mesread and exemption under ~he constitut'an
~~d taws of each Stsfe of the United Srates, aa against this obl~gation a any ex~ens~oo o? renewd hcreof.
W~?ness the hand and scal of e~ch party.
S " ~~rthur Ctz~~ter ~mith
~
(SEAU
S:' Sheil~ f . Smi!h
t_ j 31• ~ ) State Rsvenus
, i6+wwp~ sMO~{i~d..oo.ori~iwLwoy~
~ NOW, THEREFORE, the MORTGAGpR fo~ t1~e purp~se of secu.~rg payment of said wm of t~ a.! UG• ~O . ~nd the performance of ~M
' covenan~s and ap~eements he~einafter eapreued, and tw d~ve.s good and valuabls cons~derat~ons, by these presents, does yrant, bary~in, utl, rem~se,
~e~eau, tonvey and confirm uMO tl?e MORTGAGEE, its succeuort and ~siigns, all thst cenain lot, piece w partef of land, situate. IYing. ~nd beinp in tM
County Of - ~ t_ _11r' 1 P Srat~ of floaida, desu~bed as iollows:
.;~r*_:r.ent I; _'"?4, of ~~~:,!~`:'~:1GES Cc~\DU~'Z'~IL'~'S Vt-~. 5 con~o~~z_:lr; ~c-c-ordi:~n
, _
the Ueci ~rl±ion of Condn~i-~iu.~a recorc3ed in R. Sc~ok I9", P,~a~ 1~8?, af the
:':.~bli!' ~ecor~?s nf Luc-i2 Cnur.!}•, Fl~zida, mGFT}i~'2 :•:;1')i ~~1L cf its ~p~urten-
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!1.-~--~~GIB~E PERSA ~ 19~1.
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~ U rKrr.~ RErtcuc 3 ~ ~ c~ l~-?e G0~?..t~ js~ ~K
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rogether with all ~nd sinpular the tenements, hereditaments ~~+d appurtances tF+ereunto b~brgirg w in ~nywise ~pperhininq thersto, and dt renn, issues,
p~oc~ads and prof~n ~cuvirp and to acvw from said premise~, aU of which arr included in fhe ~bw~ uid faepoin~ deaviption ~nd habaxlum.
TO HAVE AND TO HOW the abwt described and ~nnted premi~ea unto th~ ~aid MORTGAGEE, ita wtctasors and asspr?s forwK. Md th~ Nid
MORTGAGOR fa the 1 Z ~;n, executon, ~dminist?ators u+d assiyro, Fkreby coven~nh with the ssid MORTGAGEE, ib successon ~nd satipns, -
~h~t th~y ~:r? lawfully u~zed of tht s~id premises in fae simpl~: th~t th~ ume ue fre~, cka~ a~d discl~r9ed from ~fl liero ~r~d ~+c~x~
br~nces in I~w w in equey, and that the}' will ard t~lei r hein shall wurant ~nd defend the titl~ to th~ sartM fo tM a~id
MORTGAGEE, its tuccesw?s ~nd usiyro, forever aqainst the I~wful clairta and dcmar~ of •fl persw~a;
PROVIDED. ALWAYS th~t if tF~e JKORtGAGOR sMU p~y u~ro tM MORTGAGfE tht promissdy note he?tinbefor~ dattibed s/d shall huly, prort~ptlY
snd fully pe.fwm, d~Khar9e, exec~~e, compkte, comply wi~h and ~b~de by e~ch and ~very the stipulations. sy?~ert~e~ts, cenditiona and cov~rwnn of uid
prom~awry r?ott a~d of thii Mwtyape, then this Mwtyap~ ~nd tht Esute hersby u~ated shall uast ~nd b~ rwll a~d void.
IT IS UN~ERSTOOD that rt~e word '7Vbrtpapw" whether in the sirqul~~ or ptw~l anywhert in the MortQap~, shal! be sinpul~r if on~ only ~nd
shaU be plur~l jointly ~nd serer~lly if mw~ tF»~ oew. ~nd that th~ wwd "~heir" ss used a~ywhere i~ thK Mwt9ap~ shall bt qke~ to rtw~n "his;, •'Mn,•
or "ita;' wFxrever the wnfeat w implies or ~dm;ts. A{so, that wherever there is ~ r•fe.ence ;n tF,~ cove~ann ~nd preem~nn here~~ conrairnd ro.ny of
r1,~ p~rtties he~ero. th~ ssm~ sh~l! be cautrued to mean n we!! as ~he he;rs, lp~i r~preaentuivet, ~uccessas and augru (either voluntary by ~ct of th~
parties a involu~ury by opera~ion of tM I~w) of the s~me ~nd that ~he covenaors htrei~ contained shall bind ~nd tM berwfib u~d ~dvantay~s inw~ ~
~o the respxtiw he"u~. Ip~l r~p?esent~tives, successws and ~ss~yns of tht partie~ hereto. ~
Md s~id Mortyqon, /o. ttromseivet and the~r lrirs, leyal representat'rvq. ~ucceuw~ and auiyns, hcreby jo;mly arx! Nvaally coven~nt ~nd ayrte ~
+o ~rid with the said MpRTGAGEE, its succe~aas ~nd aupm: i
1. To p~y all a~d ~inpulu tht principal ~nd inter~it ~d fhe v~~io~s ~nd sundry wms of rtroney p~y~ble by virtuc of said promisto~y not~, a~d th{s
mwty~ys, eacF~ and ~very, promprly on rh~ daya respect~vely tF~e same ~everall~ becant dw.
2. To p+y atl a~d sirg~Iar rhe t~xes, a~sesam~nn, levies, ti~bilirie~, oblipatiom and encumb~nces of every n~tur~ and kind now on taid dewib~d
w~Y, o. tb•~ hereafia maY bt imvwed, wffe.ed, placed, levied, a~ssessed rher~a+, a ~h~~ herea(~~. may bt I~vwd or ~ueswd ~pon tl~is Mwtp-
+9~. o~ tM ind~b~~dn~u secvred he~eby fKll i/I~I fVNy. when due Md payable. ~ccwdi~g ro taw. b~fore they become d~li~qu~nt, ind be/ore ~r~y inr~r~st
aitachea a+ny penalty is inturred; AND INSOfAR AS ANY THEREOF IS Of RKOR~ TME SAME SHAII dE PROIV1PItY SATISf1Ep AN~ DISCNARGED OF
RECORD AND TME ORIGINAI OfiIC1Al DOCUMENI (SUCH A5, FCR INSTAtdCE, THE TAX RKEtPi ptt TNE SATISFACTION PAPER OFfIC1ALlY ENDORSED
OR CERTIFIEO) SHAII BE PlACEO tN THE HANOS OF SAtO MORTGAGEf WIiHIN TEN DAYS NFXT AFTER VAYMENi; ~nd in tht ~wnt that My thsreof a not
pa~d, s~t sf~ed ~nd d~sch~~ged sa:d MORTGAGEE m~y ~t •ny nme pay the same a any part thereof without waiviny or ~ffectirq any option, lien, puity p
•~ph1 ~nder p by virtue of this morty~ge and the full amount of each and erer~ such p~yment ahatl be immed~ateiy dve and p~y~blt ~nd ~h~il beN inr~rtst
~~om tht d~te thereol i~til paid ~t rate of nine pe. ce~~vm per annum and toyether w~th s~th i~ s ured he li of th's mor9/qt.
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