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tH15 IMDfNTURE. AAxl~ the 15Zh day pf ~ A.D. 19~..~ b~twNe+
GQOr~ Theodorou and f(Qlla Tlwodosou. h s wife,
~ • - ~
of st• 1'LCio Co~nfy iloi~d~. lNnin~fiK dNipewt~d q tM "MORTGAGOR;' u+d FIRST FE~ERAL SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE. a cwpa~tan apaois~d ~nd ~xis~inp und~. th~ laws of tM Un7t~d S?~t~s of Amaica ~nd havinp in princlpai pba of
busin~ss in tM Ciry of Fo+t PiKU, St. luti~ CouMy, Flwida. Iwtin~Ntr d~sipnabd tiw "MORTGAGEE."
WHEREAS th~ MORTGAGOR b jvatly indebt~d to th~ MORTGAGEE in tM wm of ~ 25 . 9ood ~nd I~wfvl ma+sy of tl+~ Un~ted
Srat~s ~dvanc~d by ths MORtGAGEE unto ~M MORTGAGOR, ai evid~nced by ~ urain promissory no» of ~wn dats Mr~witb, of which tM fdlowinp in
wads u~d fipurp ia a trw copy. tawil:
s 25,~-~ ~ 3~1A~39A
fort Pt~ra. Flaid~, M'~'~ 1'S ~ 19 72
Fw valw received, 1, vw w either of us, prom~ss to pay, without def~lc~tia+, to th~ wder of FIRST FEDERAL SAVINGS ANO IOAN ASSOCtAT10N OP
F~RT PIERCE at fort Pierc~, Fb?ida, the sum of ~ 25~~0~~ w;tl~ interest from dat~ at tl,~ rat~ ofZa~% psr ~nnum, in mo~thly insfal4
ments st follows: = 2O2 on the ZSt d~y of J~Y , 14_~ ~~d • like sum on ths tarsapo~dinp day of e~ch ma?th thur
afte~ until the wholt bt f~lly paid.
Each insallmcnt first shall be +pplied in payment of ths interest uid then on ths unp~id balsnce of the princtpal wm. If d+uh h m~d~ in tM
payment of any irnqflme~t wher? due, and such def~ult continues 30 days, then at the option of the holder, ar~d wirhou~ amr other notics, all tfis remaininp
installmentt sF~all be dw and payabls at onte. Privile~ee is given to pr~y tha note in whob or in part ~t ~ny Yune without penalty. N~itMr for~Muano~,
nor acceptuxe by tM holder thereof after ~ny default in a~y payments he?coep sh~ll M deemed exte+uion. A Iste payment char~ cri ~3_~~ k`.:!? ~
added to each iestallmsnt ~em~iniop unpaid 7 dap ~fter in dw dau, u~d a like wm shall be added 1o ead~ wch installment ~emainirg unpaid 7 days after
each wtteed~ny paymeef date.
Each maker, wrety and endorsss l~ereof, jointly and severally, waives dem~nd. presentment praest and ~oYice of protest for nonpayment, ~nd furthar
agrees to any e:tensan of time of payment, either befwe w after maturity, without notice to sny of us; snd to pay all cosn of collection, includinq ~
reasonable attoraey's fee i~ ths event o( any default hereunder, and heraby severalty waives all benefit of home:tead and exemptan und~r ths cantitut'an
and laws of each Sate of the United Sutes, as sy~inst this oblgation o~ any ext~nsan or ren~wal hereof,
Witnesa the hand and sesl of each party.
' S/Georqe Theodozou ~
C~ _ c~ ~ 1N hlriOfi 0~ Ul~t
~ ~C ~ r~~ S/Ke11Q Th~odosou ~u
Pl~1liA~i W~ER ?1•1~ IICTS Of 391~. / ls~?U
~ ,~37.50 ) stau Rwer?w • /fOF~ l~Ofiitll~ `~f (SE~?U
Ix~ i~. WdE 00~ RR~
NOW, THFREfORE, the 1NORTGAGOR for the p~~pose of s~ewlnp p~yment of s~id wm of ~ 25~~~•~ ,~+d th~ perfonn~ece of tM
coven~nn and ap.~emer?n harein~fta expressed, ~nd fw ~vers yood ~nd v~lwbl~ coruiderations, by tF~ praents, does ~ant, bupim, sell. remise,
release, convey ~nd confirm unto the MORTGAGEE, its svocessors and assiyns, all tlNt cen~i~ lot. pi~p or parcal of ia~d, ~it~at~, IYug, snd beinp in tM
Couary of St. Lucie ~ and Sat~ of Florida, dew~d ~s follows:
From the Southwest corneY of the C. W. Rhinehart Subdivision~ as per Plat Book 6,
page 52~ on the Bast right of way line of the Florida Sast Coast Railway in Gov-
ernment Lot 1~ Section 23, Township 35 South~ Range 40 Bast~ run thence Southeast-
e=ly along said right of way line a distance of 98.39 feet for the Point of Begin-
ning (which point is 95 feet due South of the South line of said C. W. Rl~inehart
Subdivision); thence continue Southeasterly along said Bast right of way line a
distance of 112.7 feet to a point; thence zun Sast a distance of 562.4 feet to a
point on the west right of way line of Indian River Drive, which point is 226.26
feet southerly of the South line of said C. W. Rhinehart Subdivision as measured
along said West right of way 2ine of Indian R$ver Drive; thence continue 8ast
along the san~e course to the West shore of the Indian River; thence Northwesterly
along the West shore line of said Indian River a distance of 120 feet~ aore or
less, to a point which is 95 feet south of an easterly projection of the Snuth
line of said C. W. Rhinehart Subdivision; thence run West parallel pith and 9S
feet distant from said South line of Rhinehart Subdivision to Point of Beginning;
said tract being a part of that part of the South 20 acres lying Sast of the
FloYida Bast Coast Railway right of way of Goveznment Lot 1, Section 23~ Township
35 South~ Range 40 Bast, together with all zeparian rights pertaining thereto;
LSSS right of way for Indian River Drive; and SUBJBCT to right of way and easement
for utilities purposes granted City of Rort Pierce over the West 20 feet of Vorth
S feet of above described land~ and reservation in said City of a right of encroach-
ment for cross aries on power poles and high voltage canductors and power lines
extending over and above the North 5 feet of the above described land;?
to~etl~K w+th all and sirguls~ th~ t~n~rnenn, her~dinme~ts and ~ppwtsnces tMnunto Mlapirg or in anywia~ appKt~intnp tMrNo. ~nd dt rants, bwss,
praeeeds ud profin saruinp and to accrue from sa:d premises, all of whid~ an indud~d in the abow and forpoi~g d~wiption ~d habendun4
TO HAVE AN tTO~yOID th~ abaw Jesaibed ~nd pranted premis~s uMO th~ uW N10RTCsAGEE, its wocpsas ~nd aaipnt for~wr. Md th~ saW ;
MORTGAGOR fw ~r Iwin, exetutors, sdministr~ton and ~asig~. Mnby tow~rwnb w+th th~ aid MORTG/1GEE. Hs wwstan u~d u~ipm, ~
th~t t~V ~B I~wful xiud of flw isid 4
~Y premias in fe~ simple: that th~ s~rne ar~ frN dw snd disc}wrped from ~II liaro and ~ncw+r
brances in law w in MuitY, and tha* tll@V will and their Min sh~tl warraM ~rd d~f~nd tl» titb to th~ aame ro th~ said
MORTGAGEE, its sucoessws and suiyns, forrvK ap~irot tM lawfu! daims ~nd d~rt~aids o# all pe~wrot
PROVIDED, AtWAYS thst if the MORTGAGOR shall pay unto tht M,pRTGAC~EE tM promyso~ry note h~ri~efon destribed and iMll truly, ptomptly
and fully Ptrform, disd+irqe, execute, oomP[ett, complY with and ~bidt by each and ~very the stlpvl~~ions. +pre~maras, aonditions aod cwenann of s~id
prom~sswy not~ and of tha Mony.pe, tMn rhis Morf~pe and ths Estare her~by veat~d shdl oea~ aed b~ null ~nd wid.
IT IS UNDERSTOOD ti»t tht word "Morty~or' whetF~er in th~ sinp~{ar or plural anyMrlkrt in NJs Mwt~apt, sh~ll b~ sinpul~r if on~ only and
ih~ll b~ plwal ~ointly and stvenlly if mon thae on~, and that th~ wwd "tl+~ir' ss used ~nywhe~~ in this AAortyap~ ahaN b~ taksn to m~an ••hb,,•• ••Mn••
w"its." wMereva the oomext w implies or ~dmits. Abo. *har wMrew? rhere is • ref..a~o. in ~h. ooren.nn and a~re«nenn h.r.in com~imd to a~y of
th~ pa.ties hereto, th~ urm aMll be construed ro mean as well u tM Min, Ipal npret~ntatives, a~x.aswn snd wipro (~itMr vdumary by aq of th~
pa.tia a invdw?tuy by opaatiw~ of tl» law) of the same and tF~st ~he covsnann harMn cont~in.d sMll bimd .nd tM Mn.fns and advanr.y.s iMrr~
ro th~ respsctiv,~ hein. I~y+l r~present~tiws, wccessors ~nd ass~y~a of th~ p~rtia Mnto.
Md s~id Nlortysyors, fa themselves and their F~irs, la~l representativ~s, wcceswn and asii~ro, her~by jointly ~nd wv~wlly cov~nant and aprK
+o and with tl+~ sad MORTGAGEE, in svtcawn and assipru:
1. To p~y all and sirgulK tM principal and intNert and th~ varian and wrdry sums of mon~y p~Yabl~ by vi~tw of wid promiswry not~, and this
morty~pe. Nch and ~w?y. P~~P~h on th~ days r~apactiwly ti~ s~ne sewrally b~con» due.
2. To p~y dl ~nd sin~ular the t~xa, assessments. Iwies, IiabiliY~es, oblipat~o~a and ~naimbranc~ of tvery MtY?~ afl{~ ItHffl f10W Ofl N~ dfW~~d
waP~Y, w that he«~hu may b~ impos~d, suffK~4, placed. Iwied, w a~setssd tF~er~oey a that ha~~ffer may b~ lev»d or asfsssed upoa thit Mat~
.p. or tM irdebtadness secured be..by. .ach ~nd twry. wl~+ du..nd pay61., aa«dinp to I.w, b.fon N+~y b.can+. d.linqwnr, and befor• .ny M+r.rat
attscMs o? arryr penalty a incwred; AND lNSpFAR AS AN1f ?HEREOF IS OF RKORD THE SAME SFVII[ 6E PRO11APilY SATISf1ED AIV~ DISCHARGE~ OF
RKORD AND THE ORIGINAI OFFICIAI DOCUNIENT (SIKH A5, FOR INSTANCE, TNE TAX RKEIP? OR THE SATISFACTION PAPER OFFICIAItY ENDORSED
OR CERTIFIED) SHAlL 6E PLACEO IN THE HANOS Of SAIO MORTGAGEE WITHIN TEN DAYS NlXT AF7ER PAYMENT; a~+d i~ the ewM th~t My thereof h not
paid, sat:sfied snd diuharged ia:d MORiGAGEE may at ~ny time pay the :Nne or am p~rt the~eof withovr waivinQ a affectinp ~ny option, li~n, eq~iry or
•iqht ~nde~ or by virtue of this mortq~ye a~d the full amount of esch and ~very such paymsnt ihall b~ immed'utely dw u~d payabk ~nd ahall bear intKes~
~•om the date tl.e~eof ~ntil paid at ~ate of nine per centwn pe~ annum ~nd rope~F~ wcth wd+ infe~est shall be s~cwed by the lie~ of rh:s morqtape.
s°oox~z PaCf1~
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