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THIS 1130ENiURE, JM~ ,n.... 22nd d~y of Feb~lld ry A.D. 19 72 ~rWee~ ;
Brnest Lacey and Ella S. 1.acey, his Nife
of St. Lucie ~~p~~~y F~a~, ~rein~ft~t deiign+r~lCq .th~ "A11pRf~G~R." r~d FIRST FEDERAL SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, ~ co.pa~t~on a~anized u~d ~x~stinq ~ndK IM laws oi tl+s United Sta~~a of Mee~ica and Mvin9 iri principal plac~ of
bui~ness in t!» Ciry of Fwt P~trc~. St. l~ci~ Covny. Fluid~, heninahtr dtsi~n~t~d +s ti» "MORiGAG'.E:' i
WHERE115 tM MORTGAGOR is j~stly indtbt~d to tM MORTGAGEE in tht sum ot = 1 S~~~ good and lawful money o( the Unrted
S~etes ~dvanced by 1M MORTGAGEE unto tM MORiGAGOR, ~s evidenced by • certain promi?say not~ of even date he~ewitb, of wh~th tM followiny in ,
wurds and figures i~ a trw copy, towit:
z15,000 00 ~ 3-17,996
.
~ P1e«.. F~~~ Februa ry 22, ~y 72
fw value receivcd. 1, we w either of vs, prom~se to p~y, without defalcation, to the orde? of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
rORT PIERCE at Fort Pieres, Florids, the sum of s lsa,~~•~ with interest from date at ~he rote of 7~7~ pe~ +~um, in nonthly iru1a11- '
, 124.00 lst June 72 ~ ;
~~rn~s as foi.ows: f on the - day of , 19__ and • lik~ sum the correspo+id~n~ day of each moroh there- ?
after until the whole be fully paid. ~
Each installment iirst sMll be applied in payment of tM interest ~nd the~ on t1~e unpaid bs~ance of the princ~pal sum. If d ault it made i~ the
;~,ment of •ny installmem when due, and such defauh continues 30 days, then at the option oi the holder, and without any other nolice, all the rem~ininy
~~srallme~ts sha1: be due and payabte at once. Privilap~ is yiven to prepay thes note in whole or in p+rt at any tima witFw~rt penalty Neither forebesr~nce,
nor acceptance by ~he holder Ihereof after any default in any paymcnts he~eon, thall be dcemcd extensio~. A late payment tharge of 2O ahall be
added to each insrallment remaining unpa~d 7 days after in dw date,-and a Iike wm shall be added to each such ins~allment remaining unpaid 7 day~ after ~
eath ~utteeding payrnenf date.
Each make~, surety and endpsea hereof, jointly and sever~lly, wsives demand, presentment protest and notice of protest fw ranpay~+xnt, ~nd furthe~
egrees to any extension of +;me ot payment, ~ither before o? a(ter maturity, without not~ce to any of us; and to pay all costs of collection, includ~r?y ~
reesonable attwneyi fee in the eve~t of any defau~t htreunder, and hereby severally waives all benef~t of hort~stead and exemption under the constituta~
a~d laws of each State of fhs United Sfates, ss against this obligation a u+y extensbn or renew~l hereof. j
W~tness ~ht hand and teal of escF,~auiv_
.~~-~Yt~ ~-~1~. Pj0 g/Ernect ~c v (sF/?U
pl RSO~Y CCics •f• i'I f~~;~18~FN pAYM~ pF 7ACrg (SEAI)
UMIT i0 Cfi,1p: f,~ 71-13q, ~t~~ PR~PE,7tY, ~Rlle S LaCey (SEAI) ~
~6FR HOIiIUyr Ci.x.~ ~<< ~u1C~S OF 1971. M~vz~- (SE/U~
~ $22 .50 t St~t~ Re~enue +u;t ~ ~ ~O. Fla.
NOW, THEREFORE, the MORTGAGOR fw the purpou of tecuring p~yme~+t of iaia sum of s 15 ~~Q +nd tF+~ performance of th~
covenants and ayreements hereinafter expresud, and fw divers flood and valuable considerations, by these prese~ts, does 9rant, barysin, se11, r~mise,
r~Iease, tonvey and confirm u~to ths MORTGAGEE, its ~uccessors and suigna, all thal certain bt, piece or parcel of tand, tituate, lyir~, and beinp in the
County of S t_ Lue ie , ~nd State of Florida, described ~a follows:
Lots 26, 27 and 28,~Block 22, Indian River Estates, Unit 5, as recorded in Plat
Book 10, page 58 of the Public Records of St. Lucie County, Florida,
i
AI~ID ALSO
; Lot 29, Block 22, Indian River Estates, Unit 6 as recorded in Plat Book l0, page
i
~ 57 of the Public Records of St. Lucie County, Rlorida,.i
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~ W STAi t o~~ ~-LUF~IUA
~ j ~ DOCUMENTAC~~ STtaMP TAX ~
~ ~ _ FE82~'72 ' ~ ~ - ~
~ ~ u i ~ 2 2 5 0=
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~ ~ogethe~ witF? all and unpular the tenemenn, hered~amenq and ~ppwtances thereunto b~lagirg a in anywiss appen~ini~p therNo. ~nd all renn. Issws.
~ proceeds ~nd profbb acuuiny snd to xcrue from said premises, all of whi~h are included in tht abov~ ~nd forpanp deuription ~nd Fub~ndwn-
TO HAVE AND tO yOtO ti» abov~ described and Qr~~ted premi~es unto tM ~aid MORTGAGEE, its wcces~o?s +nd +ui0m fwwM. Md th~ s~id
~ MORT AGOR fw thelr ~+.~n, executon, admioistratas and aui9m, h~reby coven+nn with the ~aid MORTGAGEE, Hs succ~sw~s ~nd ~saipro. ~j
t~ey a re
rhst - lawfully seiud of tht t+id premise~ in fe~ simpl~s that th~ wn~ ~re fns, clear ~nd discharped from all li~ra and ~ncw~?
~ o~ances in law a~ equ+ty, and that they will and thei r ~II w~?rant ~nd dtfend tM titl~ to tM sarrw to tM said
' MORTGAGEE, its sucussors and ssspns, forever ayairot th~ I~wful cbims and demands of all perwra;
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto th~ MORTGAGEE tF+~ promissory not~ hKti~tbefor~ d~strib~d u+d ~11 truly, pramP~~Y
- and fully perfam, d~idur~e. ~xacvte, complete, comply with and ~bide by each u~d ~very tM stipulations, apr~em~nn, conditiom ~nd tovenann of said
~V promiswry not~ ~nd of this Mortys~, tMn this Mortya~t +nd tM Estate h~r~by ue~t~d shall uas~ a+d b~ null and void. ~
IT IS UN~ERSTOOD that the word "Mortyapo~" wFwther in th~ sirgular or plural anywher~ in this Mortyap~, shall b~ iinpvlx N on~ only ~nd
sh~ll b~ piw~l jo~indy u+d itv~rally if more tMn orn, and that tM word "~heir" used anywhert in thn Matyp~ ah+ll b~ tak~n to me+n "ha:• •'h~n••
o~ "ih:' wh~rwer t!» ca?t~:t w impli~s a admits. Alw. th~t wherever th~re is a r~f~renu in tM tovsnants snd apra+me~b Ixrein oont~irnd to any of
rh~ pa.ties Mreto, tiw sarn~ ahall b~ conatrwd to m~an as w~ll as th~ heirs, byal rep~~tatives, succ~sson and ~ssipn~ (eith~r volunt~ry by act of the
- pa~ti~s or invdunt~ry by oper~tion of the law) of tM same ~nd tM~ the covsnants Ixrtin contained shall bind and th~ b~r»fib and ~dv~ntp~s inun
` to the respMiw heirs, Ipal repr~wntatives, wcceiwn ~nd au'yns of the p+rties M?~to. i
::=f Md ssid Ntorty~pon, fa thems~lvp ~nd tFrir h~irs. Ipal repr~sentativ~s. ~ua.e~un and assiyra, hereby joiroly end s~v~rally cov~nant and apr~e
ro .nd wirh the s~id MORTGAGEE, in succ~swn •nd +uqro:
.c~ 1. To pay ~II ~nd sinQvlM the principal and int~rest ~nd tM variws and surwlry ~um~ of moneY p+Yabl~ by virtw of s~id promissory note, and this
'^wty+pe. Ncb and evsry. P?a^Ptly on rM days rssp~ctively tM s+mt fewally becomt dut.
- 2. To pay dl and sirgvlar tM tsx~s, ~sseumN+h. Iwies. Iiabilitas, oblip~tiora W+d ~ncvmb?u+us of ~very ~atw~ and kie~d now on said d~saib~d
prope~ty, w tMt h~r~~hN ~nay b~ impo~ed, wffN~. P~+o~d. Iwied, a~wswd tMnon, a tMf her~~fta may M levid or aseued upon thi~ Morp-
~ a th~ ir~debt~dntas acur~d hereby, e~ch snd wery, wMn dw and pay~bb, aaadirq ro law, b~fo~~ N~ey becane ddinqwm, and b~for~ ~ny iMaN1
atteches w any per?~Ity is incu~red; AND INSOFAR AS ANY TMEREOf IS OF RKORD THE SNNE SHALL 6E PROMPTLY SAi15fIED AND DISCMARGED OF
RECORO AND iME ORIGINAL OFFICIAI OOCUMENT (StKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICUIIY ENOORSE~
OR CERTIFIED) SHAII bE PLACE~ IN TME HANDS Of SAID N10RTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; and in the ~vtnt thaf ~ny thsnof is not
peid, saYSfied a~d d~scharqed a:d MORTGAGEE rsuy ~t any time pay th~ sams a ~ny part thsreo( withovt waivi~ o~ •ffMiny any optan, litn, pvity p ~
` •~qht under or by virtw of tF~is mortya9e and tt+~ full amount of e+ch and every wch paymsnt shall be imm~diatsly due arcd pay~bl~ ar+d ahall b~ar int~r~st j
~ti i•om tl~e date ther~of until p~id ar rate of n~ne ptr untum p~r annum and roye~Fur w~th such inte('sRa ured '~'M~~ th:~ mw9t+pe. ~
BttOK~~ FA~c
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