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1HIS INOENTURE. IWd~ th~ 31st dar oi ' January ~ , A.D. 19
7a_, b~tweM
Billy Rey hbuats aad 8a~a Rosesa?ry Mounts, his wit~ -
~ ~ . .
of St • L 1~i~ Cou~fy Fiorida, htreinafta dssignared as th~ "MORTGAGOR;' ~nd FIRST FEDERA~ SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, • to~porat~on wy+~ized +nd ex~stin9 ~nde~ tM laws of tlw Unittd Statos of Americ~ •nd havinp it~ princip+l plac~ of
buiiMU in tM City o( forl PiKC~, St. luci~ County. Florida. hsreinaftK ds~iy~at~d as tM "MORTGAGEE:' ' •
WHEREAS tM MORTGAGOR a j~stly indebtsd to ths MORTGAGEE in the sum of = 4~~~~•~ good snd lawful money of the Un~ted
S!ate~ advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a cerui~ p~om~ssory not~ of eva? da~e herewitF+, of wh~ch tM followinp in
wordi ~nd figures is a irw copy, ~o-wit:
= 4.200.00 wo 3-17,896
Fort Pierce, florida, January 31, 1972 19
For value received, I, we w either of us, promise to pay, wifhoul defalcation, to the o~der of FIRST FEDERAI SAYINGS AND IOAN ASSOCIATICiV OF
FORT PIERCE at Fat Pierce, Fbrida, the sum of S 4i~~ with interesi from date at the rate of Za.~ pe~ annum, in monthty instaM~
~n~nts as foI!ows: i 103•~ a+ the day of ~~h ~ 19~~ ~nd a like ~um on the c«respond~ng day of each month ~herr
afrer until the whole be fully paid.
Each installment first shall be appl7ed in p~yment of the interest and then on the unpaid balance oi the pri~cipa~ ium. tf d ault is made in the
F~a,rment ot any installment when dus, and such deiault continues 30 days, the~ at the option of the holder, and without any othrr notice, all the rem~ini~y
,~,srellments shall be due and payable at once. Priviley~ is given to prspay this note in who~e or in part st any time wilhovt pen~lty. Neithtr fOrebsar~nte,
nor acceptance by ~he holde~ thereof after sny default in any paymen?s hereon, shall be dermed eatension_ A late payment charge of : 5~ 15 iF+al~ be
added to each inslallment remaining unpa~d 7 dayt after its due date, ~nd s like ~um shall be added to esch such installment temaining unpaid 7 days ~fter
each sucteeding payment date_
Eeth maker, surety and endaur he~eof, joiMly and severally, waives demand, prexntment protest and notice of protest for nonpayment, ~nd furthet
agrees to any exteniion of time of payment, eithv befo~e or after maturity, without notrce to any of us; and to pay all coets of collection, includinp a
reasonable anwney's fce in the event of any default hereunde~, and Ixreby severatly waivcs all benefit of homestead and exemption under tla conatitution
a~,d laws of each State of the United States, as agai~st this obligation w any extensio~ a renewal hereof.
Witness the hand and ieal of esch parry.
(SEAL)
s/ Billv Rav Mounts ~Au
cs~~u
s/ Ba~aa Rosesary Mounts ~
~ 6.30 ~ state Revenus
.~s~ar~.. s..wuei o. ~s:p~?a11wt~~. 4~ 200 .00
NOW, THEREFOAE, the MORTGAGOR fw the pu?pose of securirg p~yment of said su~n of = ,~nd tha performsnce of ths
covenanrs and ~greements he?einafter e:preued, and (or dive?s good and valwbk considcr~tiona, by thete prese~b, does gront, barpsin, aell, remise,
~elease, convey and confirm u~to the MORTGAGEE, iri ~~tcessw~ ~nd auigns, all 1Mt cert~i~ lot, piete or puce) of (~nd, situate, (yiny, snd bsinp in ths
County of St. 1'LLCi@ ~nd St~te of florida, dewibsd as follows:
I.ots 7, 8, 9 and 10, HARVBY SiBDIVISIp~t, as per plat thezeot on Rile
in P2at Book 10, page 2, Public Records of St. Lucie County, Florida,~
.
i
p, t C- ~
~ RECE:YED Z..,11' N: PAIfMF~IT Of TA~cES
Ol1E 0!1 CUISS 'C IMU~'1GNLE IpStifl~l rAOPFRIti.
~ p1lRSWNT i0 C11AP1ER ~l•1J1~. ACi~ aF 1971.
~ iDGER 1'Oi1A~S? C1K1t q~aMt Cw~ ~i t~ti~ tao. fl~
~
,
~ u~ 5 ~laT~t F-LUkIiJA? .
~ ~ ~ D•^:Cl:`~E`I ~ STl?7-:P TAX
~ ~ = fE6-i'72 ='.a,r - -
° _ "r-=~i:
~ ~ ~~630=
~ N ~ o~~r.or e~r:~:sc y• ~ -
~ _
~ p$.t~otit
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~ togethe~ with all and aingulsr th~ terstmenn. Mrediamenb and ~ppurt~nces therwnto bdonginq w in ~nywis~ appertainirg therefo, and all r~nts, issws, ;
~ proC!!df and profin acuuirg +nd to xvw from said premises, ~II of which ue included in tlw above ~nd fwpoinp d~scription and habendum.
~ TO H/lVE AND TO HOID tbe abovt dewibed +nd 9ranted premises unto t!w said MORTGAGEE, ita sua~swn a~d asipns for~v~r. Md th~ wid
i
~ htORTGAGOR fw ~--+y'-~-- Min, executon, adminiatr~ton ~nd suiyns, h~reby coven+nb with tM s~id MORTGAGEE, i» suaessors and asupns.
ihat -~~3t ~=Q lawfully ui:ed of th~ said p?emi~s in ~w i~mple; tMt tM ~+m~ us frN, ckar sr+d discharp~d from sll liero and ~ncuro-
brancea in law a in equity, and tha~ thev will snd th@iY hein shall wunnt ~nd dtfend tM title to 1FM urn~ to tFRe wid a
MORTGAGEE, its aucceuors •nd auiyns, fwever ayainst tht lawful cl~ims ~nd dtmands of all perwro; `
PROVIDED. ALWAYS that if ths MORTGAGOR ~h~ll promissory note hertinbefw~ datribed and ~hall trul , anptN
pay unto tM MORTGAGEE tM Y W
and fully perform, d~xh+.ys, exacute, complete, comply wi~h ~nd abide by e+ch +nd ~very the stipulations, spre~m~nb, conditiom and covenanb of said
- promisaory ~ot~ u+d of tha Mort~~e, then thif Mortyaye and the Est~ta hsrtby aeated sh+ll was~ and b~ null and void.
- IT IS UNDERSTOOD that ths word "Nbrtya9w" whether in tM tinqular or ptural ~nywhere in this Mort~ay~, tFull b~ sinp~lu if on~ only and =
- •hall be plural joi~tly and Nv~rally if mors than one, ar+d thef the word "thcir" used anywMre in thK Mort~ay~ sMll b~ tak~n to m~sn "his," "h~n:' ~
= or "its;' wherever the context so implia w admits. Also, that wherever then is a refaence in the covenann and apreernents her~in contai~ed to u+y of {
;=y fhe p~.ties hereto, th~ sarrr ~hall bs construed to me~n as well as ti» heirs, Ip~l r~pr~nt~tiv~s, successors ~nd assigro (fither voluntary by act of tM ~
parties . a involurttary by optr~tion of the law) of tM same and that th~ covenants herein cont~ined sh~lt bind and tM benefin and ~dv~ntp~s inure j
:~y ~
ro the respectiw be'u~, Ipal represenative~, succeswrs snd au°9ra of the p~rti~s Iwr~to.
_ And aid Mortya~on, fw themselws and their hein, 1e9~1 represe~t~tiv~s, wcuuws and ~ui9ns..hereby jointly and s~v~r~lly covtnant ~nd apr~e ;
to and with tM ~aid MORTGAGEE, in succtisors ~nd ~ssigns: ;
- t. To pay ~II +nd sirg~lar tM principal and iroerest ~nd the wrian ~nd iundry wms of money pay~bb by virtw of iaid promiuwy not~, ~nd this
matyap~, e~ch and wery, promptly on tht days respectively tFw sams wvsrally becane dw. _
~`r 2. To pay all ~nd sinsulu tht 1~xes, ssiesunenn. Iwies, lisbil~ti~s, oblp+tiaa and ~ncumbr~ncsi of w~ry n~wre +nd kind now on said d~svlbd
_ p.op~rty, a that here~fter may b~ +mpaed, wffered, pl~ced, levi~d, a~ueued ti?ereon, w tMt Mre+her may b~ kvi~d w auessed vpon this M~wty-
- +ye, w th~ Ind~bt~dnes~ sscvred F~er~by, ~+cfi and evNy, when dw and payable. ~ccadiny to law. Mfw~ they becan~ deli~+qwnt, and b~fw~ ~~y intNat
attaches ar any penalty is i~cwred; AND INSOFAR AS ANY THEREOf IS Of RKORD 7HE SAME SHAII 6E PRO.NPTLY SATISf1ED AND OISCMARGED OF
'e:~Z RECORD AND TNE ORIGtNAL OffIC1Al DOCUMENT (SUCH AS, iOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFKIAIIY ENOORSED
- OR CERTIFIEO) SHAII BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; and io tl+e ev~nt tMt any thereof h not
Fa~d. •~t'sfied a~d discharged ~a:d MORTGAGEE may at •ny time pay the same w+ny p~rt thereof wi~hout waivin~ o~ ailectirg any option, ti~~, equity a
: •~qht u~der o~ by virtue of this mortyaye +nd tM full amount of e~ch and erery such payment sMll be immediately due and p+yabk and shal~ btar interest
~.om the date therwf uMil paid at rate of nine per « ntvm per annum and fo9ether w~ h' r t shall b~ y the lie~ of th's motgtpe.
b00X P~
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