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~ 220983
THIS INDENTURE, Made ~he 23rd day of Decaeeber A.D. 19 71 , betwcc~
_ _ Prentiss, Inc., a Rlorida cozporation~___`
of St. Luci• ` - ~ ~
County ftorida, herei~af~er dtsiqnated as the "MORIGAGOR," snd fIRSI fEDfRAI SAVtNGS AND tOAN
ASSpC1A?ION OF FORT PIERCE, a corporatipn wgan;ied and ex~~~iny under rhe laws oi the Un~ted Statos of America and having its prinupal placa o}
buim~~i in ths City o~ Fwt Pierc~, S~. luci~ County, Fiorida, hereinaite~ designated as the "MJRTGAGEE:'
WNEREAS tM MORiGAGOR is justly indebted to 1hs MORTGAGEE in the wm oi S 13 ~
8~' ~ good and la,vi~l money of the Un;red
S>atet advanced by the MORiGAGEE unto the MORiGAGJR, as ev~drnced by a cerra~n prom~ssory note of e~e~ dafe hr~ew~th, of wh:ch the io+lowfng in
..ords a n d (lgures i~ a true copy, to-v~it:
i13,800.00 3-1~,7~0 ?
_ forf Pierce. Flaida. - ~C~b@r ~3~ 19 71 {
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iw vaiue rKeived, 1, we w eithe~ of us, prom~sr to pay, w~fhout defatcar~on, ~o ~he o.der of FIRSI iEDERAI SAVINGS AND IOAN ASSOCIAT~ON OF
rORi PIfRCE a? Fo~t Fie~te, Flor;da, the sum ol s___13j$~iQQ____ N,;th inte•rst from da~e at ~he rate of -T!_75o {xr annum, in montAly i~stall•
^Pnis as ioiiows: S-~Q~_~ on ~ne _Z~t u.y ~i ~e~2k~a~Y ~n 72 ~ t:k- M eh- •o•••~;..~.+:i: dav o! each mo~th there-
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~2. ~Rii: I :2 .F~iv:E ~'..i' f:::!} j.1:~.
Each instaliment (irst shall be appl;ed i~ payment of the inte~e~t a~d ~hen o~ the u~~pa~d batance ol ihe princ:pal surt~. If d ault is made ia the
,~.=nent of any ins!silme„t when due, and such delautt cont~nues 30 days, then at the op~~~n of the holdcr, and w:~ho.,+ a~y o~hcr norke, all the remain~ng
~sra:lments shail be due and payab:e at once. Priviiege is g~ven to prepay thia note in whole or in pan at any nme w~thout penalty. Neither forebearance,
~ o~ atceptance by the holder thereof after any default i~ any paymen:s hercon, shall be deemed e¦tension. A!ate payment charge of S 6~_.-__ shail be
~i.ied ro each in:taEi.nent rema~r~ing vnpa:d 7 days after its d~e date, and a hAe sum snail be added to each such instaiimant ramaining unpaid 7 days a}ter
eech sucteedirtg payment dat~.
; Each make~, surety and endorser hereof, jo~ntly and seve~alty, wa~ves demand, presrntmrm protest and not~ce of protest for nonpayrnent, a~d further
, .;7ree~ to any exiension of ~~me of paymen~, eirhe~ before oi after malur~ty, wi~houl not~cr fo any of ~s; and ta ~ay aU cos~s of coiieaiun, inc!ud:nfl a
- ~ ysonable attomey's fee in the evero ot any defau~t hereunder, and hereby severaiiy warvea all bcnefil uf homesteed and e~r~~~ption under the constitution
i • d iaws ol each State of the Un;tcd States, as aga.nst this obi~gation w any extens~on or ~eriewat hereo(.
w~tnesa tFx hand a~d seal of each party. PR$NTISS ~ TI~ •
gy 5/ John P. Ness, ~Ai~
~ Psesider?t ~s~„~~
OORPORATB SBAL ARFIXBD
' (SEAI)
~ i ~2O• 7O ) $tate Revenue ~A~~
?5+er~ «wwlleJ ~ow rrigiewl~ wole)
13 800 OO
NOW, THEREFORE, the MORTGAGOR ~or :he purpose of securing peyment of said sum of = • • , end tf~e N~riormance cf the
covenants and agreements here+nafter expressed. and for d~vers good and valusble considerations, by thesa presents, does g~ant, bc•g; tetl, rtm~se,
~ -e.ease, convey and confirm unro the MURTGAGEE, its successo,s ~nd ~u~gns, alt that certain bt, piece or parcel of land, situate, ly~~g, •ad be~.+g in the
` Counry of St • LuCi@ and State of Fbrida, desuibed as follows:
- Apartaent No. C-3-203 of the (:OLONNADBS OpNDOMINIUMS ND. 1 according to the
Declaration of Condoainiua recorded in O. R. Book 187, PagQ 769, af tfie Public
Records of St. Lucie County, Florida, a~ aaended by that cQrtain instsuae~t
dated Noveaber 30, 1970, and zecorded in O. R. Book I88, Page I74tt, ot the
Public Records of St. Lucie County, Rlozida, TOGB'THBR WI?H all of its appeir-
; ~enances according to said Declaration,~ ~
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togetF~er with sll and singuta? the tenemenb, hereditammts and appurtaoces thereunto belonging e~r in anywise appe?taining thereto, arrd all rentt, iuue~, g
p~oceeds •nd profits accru7~g and to accrue from said premius, all of wFi~ch are includcd in the above and fwegarg deuription ~na! habendum, {
TO HAYF AND TO lD the above desc~~bed and grsnted p~emises unto the tsid MORTGAGEE, its successws and assigns forever. And the s~id '
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MORTGA~'aOR }a ----==s hebs, exccutors, sdminisvators snd aasigns, hereby covenants with the si~d MORTGAGEE, ib successws ~nd sitgro, ~
rhat - 1t is lawfull u~ied i the said
Y Qt premiscs in fee simple: th~t the sarne are free, dear and diuharged from all liens and ~ncuro.
brancea in law or in equity, and that 1 w;11 and its he;n shall wurant and de4end the title to the sartM to tF~e said
MORTGAGEE, its successws and augns, faever aqainst the lawful ctaims and demandi of all persons;
PROYfDED, ALWAYS rhat if ~he MOR7GAGOR shall pay unto the MORTGAGFE the promisswy note hereinbefwe dewibed and ihsll truly, promptly
and fully perform, d~uharge, execute, complete, comply with and ab~de by each ~nd every the stipulations, agreements, cond~tions and covenants of s~id
promiawry note and of thi~ Mongage, then this Mortgage and fhe Estate hereby ueated :hall ceese and be null and roid.
I1 IS UNDERSTOOp tiyt the word "Mwrgayor" whethe~ i~ the s~ngular a plv~a! snywhere in this AAatgsye, shsll be sinpular if one only and
shalt be plural jointly and severally if more than one, and that the wwd "their" ss used anywhere i~ th~~ Mortgage shall be taken ~o mean "his;' "hers,"
or "its," wherever the context so implip or admits. Also, that wFxrever there is a reference in the coven+nrs and sgrKrr~ents herein contained to any of
rhe pa.tiei hereto, the same shall be co~strued ta mea~ a• weil as the heirs, leyal rtpresent~tives, successors and assigns (either volumsry by ad of the
parties o~ involuntary by operation of rhe law) of the same and that the covenants herein confained sha;l b~nd and the be~efits snd advantages inure
to the rdpective he~rs, tegsl representatives, successors and as~'gna of the paarie~ hereto.
And taid Morrgagors, fa themxlves and their Fxirs, legal representatives, successors and assig~s, hereby jointly and severally covcnant •nd ayree
ro ~nd with the said MORTGAGEE, its successors a~d sssigns:
1. To pay •II and s~ngular the principal ~~d interest and the vsriaus a~d sundry sums of money payable by virtue o1 said promi~sory nae, and this
mo?tga9e, each end every, promptly on the days respectively the same severally become due.
2. To pay tll and ~ingular ti+e bxes, ~ssessments, lev;es, lisbilities, obl~gations •nd e~cumbrances of every nature end kind now on s~id described
prpperty, p that hereafte~ may be imposed, suffered, plxed, levied, a assessed lhereon, p thst hereafter may be levied p ~ssetsed upon this AAwtp-
+ge, a the indebtedness iec~reA hereby, exh and avery, when due ~~d payable. ~ccwdinp to law, before they becpne delinqueM, ar+d before my inl~rest
arraches or any penatty is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORD TME SAAAE SHAII BE PROMPTIY SATISfIE~ AND UISCHARGED OF
RECORD ANO THE ORIGINAI OFfIC1Al DOCUMENI (SUCH AS, fOR INSiANCE. THE TAX RECEIPT OR THE SATISFACTtON PAPFR OFfICtAItY ENOORSfD
OR CERilF1E~) SHALL BE PIACE~ IN 1NE NANDS OF SAID MORTGAGEE WI7HIN TEN UAYS NEXT AFTER PAYMEN?;•end in the event that sny thereof is not
pald, sst sfied and discharged sa'd MORTGAGEE may at any ume pay th~ same or any pa~t thereof withovt waiv~~g a aHecting any option, lie~, equity or
~~9ht vnder or by virrue of this mortgage and the f~t1 amo~nt of each and every such payment shal} be rmmediaiely dve and payab~e and sF~all be~r interesr
~.om tl~e date the~eof until pa~d ar rate of n~ne per centvm per ann~m •nd together w~th such ~t~esy~~M~e secured ~~/,en of th:s mwytaye.
BOOK Ivi~ F;1CE 4