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THIS INOENIURE, /N~d~ thR 2nd ~y of MaS~CN ~ A.D. 1972~ betw~ !
R bert P Pond and Bazbara L. Pond his ~rife ' ~
F
Luc ie
~ of St • Counfy Plorida, hN~~n+fiK dtsiynated as t 'MORTGAC~pR~ FIRST. FE~ERAI SAVINGS ANO IOAN
~ ASSpCUT10N OF FORT PIERCE, a capor+tion oryaniud and exiitiop v~ 1M I~wt of ~Ii1•Uni»d S~at~a!o? ~riu u~d hwtnp itt principal p1+t~ of
buiin~ss in th~ City of Fort Piaa, St. luci~ Co~oty. Flaida, h~~~in+hK d~sfpn+ted u tM "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR b jwtly ind~bt~d to tM MORTGAGEE In tht swn of ~~6 ~ 5~•~ yoot! u+d ~+w1u~ mon~y of tM United ;
Siata: advur.ed by the MORTGAGEE unto tM MORTGAGOR, ~i evid~nced by ~ catain promiuory nots of ev~~ d~t~ hsr~v.itb, of wh~ch tht followi~p ie?
words and fipures is a trw copY. ~o-wit: .
, ~ 16 ~500.00 ~ 3,18~ 029
Fo.t Fi~rc•, F~o.id+. Ma Yc h 2 ~ 19_?~
for vatue received, I, we or either of us, promise w paY, wi?hout d~falcarion, to the order of FIRST FE~ERAt SAVINGS AN~ IOAN /1550CIAT10N OF
FORT PIERCE a~ Fort Pierce, Flo?ids, the sum of i 16, S~•~ w;th imereit from date ~t tF+e nte of 7•7~ pH aru+um. ie r?wNhly inialb
~7 R+en~s ai fotlows: = 136 ~ t~ 18t ~y of May 19 72 ar~d ~ lik~ wm on tM corr~sponclinp day of ~sch month therr
~ afrer uotil the whole bt fvlly p~id. ~
Each installmeM first sMll bt applied in p~yment of the intcrast and the~ on ths unpaid bal+ncs of the printip~l sum. If d suh is m+de in tM
payment of ~~y installme~t when dw, and wch default continues 30 days, then ~t ths option of tF+s holde~, snd without any otka? notice, ~II the remai~iny
~„s~alimenrs sha11 be dus a~d ~»yab1. ar onc•. Priv~l.y. is y~ven ro prepay rhis no~. ie whob or a+ p+h at any time without pee~+lty. Neiti?x fwebearanc~,
~ nor soceptance by the holder thereof aher any default in any paymenri hcreon, sMll be deemed extension. A late p~yment chsry~ of 5~8~-. sha~~ b~
added to each inatallment remaininy unpa~d 7 dayt after ib d~ dste, and a Iike wm shatl be sdded ro each tuch i~stallment rsmainirg uepsid 7 days aher
each sucteeding p~Ymanf date.
\ Each make~, surey snd e~dorser hereof, jointly a~d ievcrally, waivea demand, preaentrnznt protcst and t+otice of protest for na?paym~nt, ~~d further
agrees to any extension of time of payment, either befwe a aiter matwity, without notrce to a~y of us; and to pay ~II costs of collection, includ~np a
, reasonable anwnsy i fee in th~ event of any de(ault hereunder, and hereby severally waives alt benefit of homestead snd exemption under the consNtution
and laws of each State of the United States, as against this obliga~lon w an3 extauion or rer?ew~l hereof.
~ w~T~ r?.~,d .~d ~i of e+d, ~.n~. s/Robert P.
Pond ~
~
~ (5~?U
~ s/Ba rba ra L. Pond ~q
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~~24.75 sta» R~wrw~
NOW, THEREFORE, tM MORTCaAGOR for tM purpos~ of securiny payment of said sum of = 16,$~•~ .+nd th~ Perform~nce of tM
covenants and apreemer+n hereinafie. e:prtssed. snd fw divas 9ood +nd v~lwbl~ considaatio~s, by thew presenb, does yr+et, Mrp~in, s~tl, r~m~u,
release, ca?vey and confirm unto tM MORTGAGEE, its suaessws ~nd suipns, ~11 tMt cert~in bt, piec~ or pucel of land, sitwn, lyirg. and beinp in tM
~o„~~y ~ SL . Luc ie and Stat~ of Flwida, dewib~d u fdbws:
Beginning at the intezsection of the center line of Oleander Avenue and Sth Street
as set forth in tne Plat of White City now on file in Plat Book 1, at page 23, of
the Public Records of St. Lucie County, Florida; thence East 820 feet to the point
of beginning of the tract hereinafter desczibed; thence continue East 120 feet to
a point; thence turn and run South 170 feet to a point; thence turn and run West
120 feet to a point; thence turn and run North 1~0 feet to point of beginning,~
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s royetMr with all ~nd unpvla? tFr ten~n+~nts. her~d~t+menn and appwtu~us tlMrwmo bdagNg w in +nY~ ~PPMa~~+O ~~tl nnb, is~w~,
~ P.oe..ds and p~ofin seeruirg ard to ~euw from s+td pr~mis~s, all of whieh ~n inded~d M th~ abov~ a+d fa~poinp d~saiMion ud h~b~ed~"'-
g TO HAVE AN TQ HOID tM ~bow d~scrib~d and yr~nted premisa unto tM s~id MORTG~A('sEE, iri woc~uors aed a~sipns (ortwr. Md tM s~~d
t~ei r
~ MORT GOR fw h~in, ~xacutws, administr~ton and auiym, l~~by oov~n+nb with th~ ~aid MORTGAGEE, its wousson and ~ss~pm.
; ~ey a re
rhat lawfully seized of th~ aid pnmaa in f~e sim~lr, that the sam~ ~n frN, ckar and daJw~d fran all li~na and «+cvnf
brsnus in Iaw or in eqoity, and tM~ th~ will u~d thei r ~~n ~II wurant ~rd dtf~nd tFN titl~ b th~ swne to tM safd
A MORTGAGEE, its s~ccessora ~nd auipro, fwsw~ ~Q+irot th~ I+wfut d~ims and d~mards of all perwna%
~ PItOVIDED. ALWAYS th+t if tF~ MORTGAGOR sh+ll pay unto ti~t MORTGAGEE the pranis~ar not~ her~~befon d~sc?~d ~nd ~+II tnrly. pomptly
Y and fully per(orm, d~sd~ar~, exswt~, tomPlM~, tomplY with and ~bidt by ~acb a~d ~very the stipulrtiona, pra~m^t+, oonditiar and oov~nts of s~id
promiuory not~ ~nd of this Mort9ay~, t}w~ this Mortyap~ and tM Etat~ hK~by aeat~d shall pa~e and b~ null and void.
r IT IS UNDERSTOOD that the word "Mortp~por" whtrher in tM sirgul~r or plwal anywhN~ in this MoNype. ~h+ll b~ sirpulN if a» only and
shal~ b~ plwd jantly and swadly H mon tMn a+e, and tMt tM word "ti+~'r" as wad anywMr~ in tha 1VAwtp+p~ ~h+ll b~ tak~n b mean "hh.•• ••h~n °
s or ••its." wher~ver tM conteat w impli~s or ~dmits. Alw, tMt whettve~ ther~ a• rtfKenc~ in tht t.ovenanb and +pns~tt Mrein oonUir~d to a~y oi
`f the parties I~sto, tM ~arn~ ~h+ll b~ corahued to eM~n ss vwll as tM Min. Is~l r~pr~sM?tatives, s~+cc~ssors u+d auipns (eftl~ volunt~ry by ~d of th~
- parti~s a involunqry by op~ration of th~ law) of the ~aen~ and tFwt . the covenann Mr~in contsirwd ~ha1t bind and the b~wfits ~nd advantpa irwre
to tM r~~p~ctiw iwin. I~yal rep~s~er?tatiws, wa~uws +nd +is~ym of th~ p~Mi~s h~r~ta
= Md aid INo.ty+qws, fa tMmsdws ard thei? FK'as. Ip+l .~preaem~tives, s~xoesson and ~uiprn, h~rebY iointy and s~wraly cov~nw+t and pns
to and with the wid 1NORTGAGEE, its sucussas and auipns:
' 1. To pay ~II and sir~lar tM principal and intet~st ~nd th~ vuio~s a+d wndry surm of moe~er WY+ble b~r virtu~ of said promiswrr not~, snd thb
:i mortq.~e, wd~ and wary. WomPt~y on th~ daYs ?KP~~~11 th~ sarn~ swerdly becane dw.
- 2. To pay •11 •nd sinQular d+~ ra~.s, ass.s+n+.nn, levi.s. Iiabilities, obtipatiau •nd enawnb.ances d ewry nm,r• .nd kind now on said d.w~.d
prop~rty, a Hw h~re~fr~r may b~ impowd, wffa~d. P~+ad. Iwied, a aseswd th~non, a tMt lw.rsafror n~r b~ kv»d a au~s~d epon tl~ Mortp~
ay~. a the ind~bNdr~a wcvnd F~eby, ead~ u~d ~wry, wF~ dve and payabl~, accwdiap b law, b~fw~ tMy bacon~ d~liepu~nt. snd beton ~ny ine~rut
attuhes w any ptnalty is intwrtd; AND INSOFAR AS ANY iHEREOF IS Of RKORD THE SAJIIE SHAII 6E PROMPTIIf SA115FIE0 AND DISCHARGED OF
- RKORD AN~ THE ORIGINAL OFFICt!?L DOCUJNENT (SIKN AS, fOR INSTANCE, 1HE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED
OR .CERTIFIED) SHAII dE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEX? AFTER PAYINENTj and in sM rwnt thN u~y thereof is no1
paid, sat:sfied and descha~d sa:d MORTGAGfE may at ~ny t~me p~y tt+e san~ o? a~y pa~t thereof without w~ivinp a aff~ct~rg any optan. li~n. ~quity w
_ •~qht under w by virtw of this mortyay~ and the full ~mount of each H+d every such paymem sh+ll be immediafely dw ~nd pay+bl~ a~d ~Full btK int~rp~
c.om tFr date thereof until paid at r~t~ of nine pe~ centum pe~ anr~um and /opsther ~t~ t sMQ be~~ by tM lien of th:s morytape.
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