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220543
THIS INDENiURE. M~ th~ 9th ~y of December A.D~ i9_.~y, betw~en
Michael R. Prefontaine and ~+~arqie E Prefoniaing~ his wife
of St. WGle ~p~~~y ftoridi, hereinaftsr d~~igna?ed a~ ths "lVIORTGAGOR," and fIRSi FEDERA~ $AVINGS AND LOAN
ASSOCIAiION OF FORT PIERtE, • corpor~tion orp~nized ~nd ~xisr~ng unda th~ lavw of ths Un~ted Statos of Americ~ ~nd Mvinp i» principal plac~ of
businesi in th~ City of fort pi~rc~, St. luci~ Co~ny, Fbrida, F1lf~iMflfl deiipnat~d ai tM "MORTGAGEE:'
WMEREAS tM MORTGAGOR is j~stty indtbtsd to 1M MORiGAGEE in N+e sum of = la ~ 0~ ~ 0O , good and lawful money of thc Un~ted
Sretes adwnccd by the MORTGAGEE un~o the MORTGAGOR, ~s evidrnced by • cenain {xomissay note of even date herewnh, 01 wh:ch the followin~ in
wo~ds •nd Fiyuret ia a trw copy. lo-wih
S~4,,900. 00 ' , r,~,_ 3-1?, 720
. Fort P~erce, flo~;da, ~cember 9, 19 ~1 ~
for value received, f, we or cither of us, prom,se to pay, wi~hout defalcation, to ~he arder of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
FpRT PIERCE at Fort P;e~ce, Flonds, the sum of 14 f~~• OQ W;~h inrerest f~om date at the rate of7 • 7~96 pcr annum, in monthly inuall-
~°rnts as fol:ows: S 115.0'~__ on the 1St d~y of FebrJdiY ~q72 _ and a Gke sum on the correapond~ng day of each month there-
arter untel the whole be fvlly paid.
Each installme~t iint yhal) be applied in payment of the in~erest and then o~ the unpa~d bafance of the princ:pa! sum. If d a~lt is made in ths
E>.+;ment of sny instal!ment when due, and such default continuei 30 days, lhen at the option of the Fn~;der, and without any other not~ce, all the remaining
~~srallmenrs shall be due and payable at ortse. Privilege is given to prepay this rate in whole or in par~ a1 any t~me withcut penatty. Nrithcr forebear~nce,
ror accepta~ce by tht holder thereof aiter any default in any payments hereon, ~hall be deemed extens~on. A late payment charge ot S 5• 75 , shal! be
=,?:ied to each inatallment remtinirp unpa;d 7 dsys ~ft~r ifa dus date, and a hke s~m shall be addrd to cach such inztallment remaining unpaid 7 days ~fte~
rach succeeding payment date.
Each maker, surety and endorser hereof, jointty a~d sever~lly, w~ives demand, presentment protest and notice of protcst fo~ nonpaym~nt, end furlher
agrees to any extension of rime of payment, either bafore or after marwity, without nofice to any of us; and to pay all costs of collection, indud~ny a
~sonable atto:ney's fee in the event of eny defaull lxreunder, and hereby severelly waives all benefit of homes~ead and exemption under the constitutio~
,~d laws of each Stite of the United Statcs, as against this obGgation a s~y extension or renewal hereof,
Witness ~he hand and uat of each party. '
_s/ Michael R. Prefontaine ~
• ISEAU
~ _s/ :Narc~ie E. Prefontaine ~~U
$21 .00 ) st•te Rwenw ~u
i5aa~ipc oasl~d ~c wf~~l~ts~
NOW, THEREFORE, 1he MORTGAGpR for the ur x of securi 14 O00 ~0 , a~d tM performance of tFa
p po ng p~yme~t of said sum of S • •
covenants and ~greements hereinafter expressed, and for divas good ~nd valwbl~ caq~derat~ons, by ihese prese~ts, does g.~nt, baryain, selt, remise,
re;ease, convey and tonfirm unto the MORTGAGEE, its suaessors snd usigns, all thaf ce~tain ~ot, piece or parcel of land, titwte, lyinp, and beirg in the
County of $t• ~C1@ and Sute of Florida, described u follows: -
i
° l.ot 17, Block 7~ SILVER LAKE PARK ADDITION, as per plat thereof
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~ on file in Plat Book 10, page 6, Public Records of St. Lucie
~ County, Florida, ~
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F~c: ~a c~~' I~y PAY~4EKT Of TAJ(ES
' L l~ : 2;~j j~ e'E,~': CtA`;S 'C INTAYG(BLE PEn^St'NIU PROPERTY,
~ C y j ~i;; ~ . ( •:i '.0 ;,HAPT~R [0721. AC~S OF i93L
= W J . - ' - _ r::i: i ~^t:!',~tS, Cierit Circuit C~a~
i r f;v~.,i. • ~ ~ : -
~ ~ F- _ --'T ~ ~ O Q_ as ~,~e.• r~~ ~Attl~t N. KNOWIES, 1R
> ~ z " ~EC1~':1 -
% ~ <<~~~ 2 _ St Lu;:ie Cour~
o ty Tax Collector
- r c.~ ~E,:s~- ~
- N ~~.»o?,z :~:::'J_~`---...~ By ~ Tc CC-~!c
€
~ ~ DEPUTY CLERK ` _
~
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x sogethN with all and singulsr the tenementi, hered~t~ments and •ppurtances thereu~to belonginy or in ~nywise ~ppertainir~y thsr~ro, and all r~nts, iuws,
- o~«eed~ ~nd profit~ acuuinQ and to acuve from s~id premises. •II of whicfi are included in ~he above ~nd foreyoiny d~acriptan am! Mb~ndum.
TO HAVE AND TO HOtD the above desuibed and gr~nted premisea umo the said MORTGAGEf, it~ succeiw~t a~d ~ui~rK forever. Md the taid
s MORTGAGOR for -thelY---- h~irs, executas, administrators ~nd sssigna, hereby coven~nts wi~i~ the s~id MORTGAGEE, iri wcc~s~ws ~nd ~sti9ro,
rhat --~~?gX-iYg-- Iawfully ieizcd of the said prcm~ses in fes iunple; that the s+me u~ ir~e, ckar ~nd diuh~ryed from all lierq ~nd ~ntum.
~ brances in Isw a in equity, and that they wil! ~nd t he 1r hein shall warrant ~nd defend tM titl~ to th~ sarn~ to tM said
MORTGAGEE, its successors ~nd auiyns, forever ~gainst th~ tawful claimf and demands of al! pe?sons;
PROVf0E0, AlWAYS that if the MORTGAGOR ~hail pay unto the MORTGAGEE ths promissory note hereinbefw~ described ~nd sh~ll truly, promptly
and fufly perform, d~uMrge, execute, tompkte, comply with and abide by esch and eve?y the ~tip~lstions, syreemenb, condi~iont ~nd covtntny of uid
p•om~ssory note and of thi~ Mortga9e, lhen this Mortg~ge aad the Estate he~eby created shaH uea and be null and void.
} li t5 UNDERSTOOp tMt the word "Mort or" whether in tAt si
9ey rqular w plura! anywhere in this Mortpsq~, slwll b~ sinpular if on~ only ~nd
i shall be plur~) joimly •nd s~verally if mors th~n one, and that the word "their" ~s used anywhere in this Mortyap~ shail be taken to mean "his:• ••Mn••
or "its;' where~er the context w~mplies w admits. Also, thst wF?srever there is a r~fnence in the covenanta and apreemcnn 1Kr~in cont~intd ro~ny of
+he psn+es he~ero, ihe sams ihap bs const.ued to mesn as well ~i the heirs, Isy+l npresentafives, svccesson and auiynf (either voluntary by acf of tM
perfiea w involu~t~ry by opnatbn of the law) of the ~~me ~~d thst the covenants F~erein contained ihall bind and the b~~efib and advant~yq i~we
ro the retpective he'as, legal r~euntatives, successws ~nd ~u-9ns of tfie pa~rie~ he~eto. ~
And said Mortqpon, {o~ themielve~ and fheir bei~s, leg~l representstives, successps and s~sigrts, hereby jointly and sever~Ily covenant and ~yre~
ro ~nd with tha said MORTGAGEE, irs successori and ~ssiqns:
1. To pay •II and tinpular the princip~l and interest and ~h~ various md sundry sums of morKy payable by virtue of said promisiory note, snd this
. morty~e, each ~~d wery, promp~ly on the days respectively tl» sama s~wra!!y beco.ne due.
2. To p~y ~11 ~nd siryuiar t1~ t~:es, auafsmenq, kvies. li~bilities, obliyations and encumbrances of every natur~ ~nd kind iww on said d~uribed
p.operty, a th~t her~~h~r may be impo~ed, svffered, pl~c~d, levied, w ~ucssed thereon, a that F?erea(te? may b~ levied a ~iseued upon lids Mprt~.
+ge, u th~ incl~bt~dneu tecured hereby, each and every. when due and payabfe. ~ccwdirg to law, b~fort they becortK delinqueM, ~nd b~for~ any !r?t~rpt
arraches a any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1ED AND OISCHARCsED OF
RECORD ANQ THE ORIGIfVAI OFfICIAI DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AttY ENOORSED
OR CfRTIFIED) S~IAII 8E P(/iCfD IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the ev~nt that any tht~eof is not
paid, s~t'sfied and diuh~rged sa:d MORTGAGEE may at any nme pay ~he same a•ny p~rt thereoi withou~ waiving or affectiny any opt;on, Iien, pu;ty p
•~qht under a by vertue of this mortgage and the f~ll amount of e~ch and every suc1+ payment sh~N be immediately dve and payabk ar+d ihill bei~ intei~at
~rom the date thereof uNif pa~d ~t rate of mne per cemum per annum and together w~th such intereft ~hall be fecured by the fua of rb:i morpta~. ~
~~~g7 F~29`~
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