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THIS INOENTURE, 1Nade the ~tnd ~y aE M,rch A.D. ]972 bstween
W~-?yne Construction Comp~ny, a Flozida corporation,
of SL. LL1C1@ ~~~~ftp dtignated ~s th~ "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ corporation orysnized ~nd ex~sUrp under tM laws of tM Un~ted St~tn of Americ~ and havinp in principat pt~c~ of
bu~in~u tn th~ Ciy ot Fort PiKC~, St, luci~ Coun~y, florida, hereinaf~a desipn~tad as tht "MORTGAGEE:'
WHEREAS tM MORIGAGOR w'vall ~++debted ro tiw MORTGAGEE ie tM ~um of 1 100 . On
1 Y' ~ good and Iswful money of the Un~ted
Statss advaoced by ths MORTGAGEE u~to fM MORTGAGOR, as evideoted by ~ tt~tain p~omiiswy note of even date herewitb, of whith tns folfowiny in
worda •rn! figurss is a ~rw copy, towit;
= 31, lOO.OQ - 3-18,112
Fwt Pierc~, florida. March 22. 19 72
for value received,.l, we w eithe~ of us, promite to pay, wilhout defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF ,
21 l~~ a
~ORT PfERCE •f foA Pierce, Florid~, ths sum of = + • with interes~ from date at the rate of7• 5 % per snnum, in monthly install-
ments ~s fpllows: = 170. ~ p~ ~he 1S t day of July 19 72 and a like sum on the correspondinp day of each month there-
~ af~er ~ntil the whole be fully paid.
E+ch insiallment /irst shaN be apptied in peymeM of ths interest snd then on the unpaid balance of the princ~pal sum. If d ault is made in fhe
payment of any installmc~t wha+ d~e, a~d such default continues 30 days, the~ at the opt;on of the holder, and without any other notice, all the remaining
. ~nsullmsnts shall be dw and payable at once. Privileye i~ given ro prepay this ~ots in whole w in pan ~t any tims without penalty. Neither faabearance,
~ no? acctptance by the holdet thereof ~fter any dtfwlt in any payments hereon, shall be dccmed extension. A late payment cMrge of = 8• 5O , shall be
added ~o each Installment remsining unpa~d ~ days afte~ ib due d~te, and • like sum shall be added to each such installment ~emaining unpaid 7 days ~fter
'i eech s~cttedirg payment . date.
E+ch maker, swey and endoner hereof, join~ly ~nd severalty, waives drmand, presantment protest artd ratice of p+otes! fw rwnpaymeM, ~nd further
ngreea to ~ny extension of time of paymcnt, eithe? before a aiter maturity, without not~ce to any of us; and to pay all costs of collectio~, includ~ng a
` reasonable attwney's fee in ~he event of any defauh hereundc~, ~nd hereby severally waives alt lxnefit of homestead and exemption under fhe constitut'ae
\ and tawt of each State oi the United State~, as aga;nst th;s obGguion or any extens~on w renewal hereof.
~ W)tness tM }»nd a~d se~l ot ~h ~nr. tiJ~3YNE ODNSTRUCTION_ COMPA:VY
~ By S! Wa e U. Sines Jr. ~j
Pres dent ~i~
CORPORATE SE.1L AFFIXED Attest S Patricia Sines, ~U
Secretary-?reasurer
~ $ 31. 6 S ~ satt aevsnw
(Leaw~r wwNlhi ~w ~ripw»M+~1~)
` NOW, THEREFORE, the MORTGAGOR fw the purpos~ of sec~ri 21 1~~. and tF~e perfomunce of ths
ng p~yme~t of said sum of = ~
coven~nts aod a~reemenrs hereinafte~ exp.essed, ~nd tor drvera 9ood and wlwbl~ considerafions, by these pesents, does Q?am, baryain, sell, remise,
release, conwy u~d confirm unto tht MORTGAGEE, in successors end aulgns, all th~1 «rtain bt, pieu er putel of I~nd, situat~, lyirg, and beinq in the
County of St. Lucie and State of Flwida, described a~ follows:
:.ot 1, Block SO, INDI_1.'V R2VBR ESTATES, WIT 7, as pez plat thereof on file in
Plat Book 10, page 75, Public Records of St. Lucie County, Florida,~
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togetF~ with atf ~nd sinpula? the t~nements. Mrtditaments a»d appur?incss thsreunto belongi~g or in ~nywite ~pp~rfsininp ther~to. ~nd all r~nts, istws,
proceeds ~nd profin ~ccruinq snd to ~ccrw from said premises, all of which ue included i~ ti+r sbov~ ar~d for~poi~p dncrlptlon ~nd hab~ndum.
` TO HAVE AND TO HOLD th~ sbov~ dtwib~d ~nd 9ranted premaes unto tht said MORTGAGEE, its woceswrs and assipra fortva. Md tM uid
MORTGAGOR fa 1 t 5 htin, ~:ecvton, adminutrstors and assigru, F~tby tovensnb with th~ ~aid MORTGAGfE, its sutc~ason ~nd ~s~ipns,
rhat it 15 ~~~ully seized of the ssid premiip in fee simple; th~t tFw sarne ~re fr~r, clear u+d d'ach~rqed from a!) li~tp and ~nturn.
brances in law or in equity. ~nd that 1 t will snd 1 t S htin thall wu~~nt and deftnd th~ titl~ to tM tam~ to th~ pid r
MORTGAGEE, in sucusson and usipro, fwwer ayaie+st th~ lawful ctaims and dem~nds of all perwm;
PROVIDED, ALWAYS th~t if th~ MORTGAGOR sMll pay unto tM MORTGAGEE tM promiuory not~ htr~inbefor~ described and aM11 hvly, promptly
and fvlly perform, discMr~, execute, tompkte, comply with and ~bide by exh ~nd ~vtry the ~tipulations, spreements, cond'rtipu and coveninq of ~aid ~
promiuory note and of tt~is Mon~ap~, then this Mortyaye ~nd the Estate her~by aeated sMll uase and b~ rwll and void. ~
(T IS UNDERSTOOD that the word "Mort9apa" w1+~tha in th~ sinyular or plwd ~nywMs~ in tha Mat9ap~, ahall b~ sinyulu if on~ only aod y~ ~
; shsll b~ plw~l 'piMly and itvsrally if mor~ than one, snd tMt th~ word "the'u" as u~ed ~nywhen in tha IYiwtyag~ iMlt b~ t~ken to me~n "his,••••l»n;'
or "iq:' wherever th~ conte~t w implies w admin. Also, that wherever there is a r~f~renc~ in tM covenann and apreemenh F~~in containsd to sm of v f
the panip hereto, tM ~sr»~ sh+tl b~ construed to mea~ u well s~ the hein, ley~l r~prESent~tiv~s, succeuon a~d ~ssi9r?s (eitl~ votunt~ry by act of tM ~
p+rfits a involuet~ry by optr~tion of tM bw) of the ~sm~ and th~t the covenant~ h~rti~ co~tained ahall bind •rxi rl~ benefin ~nd ~drantayes inur~ Q)
ro the resp~diw hein. I~yal r~prnentativ~s, successw~ ~nd au°qns of tFw p~nies h~r~to.
Md said Mwt~s~ws, fw themselvts ~nd their F~ein, layal r~presentatives, successors and saipns, hereby jointly ar+d s~vsrally tov~nant and ayr~e
to u+d with the pid MORTGAGEE, its ~uccesiws and auiyro: Y
1. To piy alt u~d sir~~ta tl+~ princip~t s~d intertst and the varrous and svndry wms of ma~ey payabl~ by virtw of s~;d promiuory not~, and Mis Om
mortpayt. Nch and evNy, prampfly on th~ days rtapepivtly tht sam~ s~v~r~lly b~cwr» dw.
2. To pay all and sinyvlw th~ t~xes, aues~men», levies, lisbilit~es, obliy~tions and encvmb~anees of ewry n~tu~~ ~nd kind now on ~aid d~sciibed
property, or that hereaha maY b~ imPw~l, wffNd, p~aced. (evied, or auesNd the?~oe~, w that here~ft~? m~y M Itvisd a arsessed upon this Matp-
~g~, a tM h+d~bt~dneu tecur~d henby. ~ad+ and ~very, wMn dw ~nd pay~ble. ~ccordinp to bw, b~for~ ti+~y becane d~linquant, u+d b~fw~ ~ny int~r~s~
attachs~ or ~ny penalty is incur~ed; ANd INSOfAR /1S ANY TMEREOF IS Of RKORD THE SAME SHAII dE PROMPTLY SATISf1E~ ANd ~ISCNARGED OF
RECORO AND iHE ORIGIlYAt OFFItIAL OOCUMFNT (SUCH AS, FOR INSTANCF, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHALI 6E VIACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any tMreof is not
paid, sat'~fied and d~xharged s+:d MORTGAGEE may at any t~me pay the same w any part thereof without w~ivi~y or affettirg ~ny optio~, lien, puity p
•lqht ur~r or by virtue of this mort9~ge snd the full ~mount of e~th and every tuch paym~M shall be immediately due and paysbk ~nd thall be~r intaest
~rom the dafe the~eof until paid at rate of n7ne per centum per ~nnum and ~oyether w~th such imerest sAsll be secured by the lien of th's motpta~t.
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