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THIS INDENTURE, M+ci~ th~ 15th d~y of ~y A.C. 19 ~ beNVNn
Willia~ S. Ivev and Rrances G. Ivey,,~~a ~rife
• ~
of -$t. LuCie ~ Covnry Ftwida. F?K~ioafi~r d~sipnaNd ss tM "MORTG/IGOR;' aad FIRST fE~fRAI SAVINGS AND IOAN
ASSOCIAYfON OF fORT PIfRCE, a awpaat;on wpaniud ~nd ~xistirg w~d~~ tM laws of tM~/U~~nih/~d~/~S~qct~t of Am~~iu ~nd I+~vinp In pri~cip~l plaa of
b~+~~ in tM Clty of fort Piuot. St. l~ci~ County. florida, I~~i~ha d~sfpn~l~d a tM NTVRTW~VGG~
WHEREAS tM MORTGAGOR is jwtly indsbqd b th~ N10RTGAGEE M~ th~ swn of ~ 45 ~ . pood ~nd i~wful money of ths Un~ted ~
States advaoced by th~ MORTGAGEE vnto tht MORiGAGOR, as ~videnced by a anain promissory nol~ of even date herewitb, of which tM followinp in ~
vvorda ~nd fiput~s it ~ tn+~ copy. to-wit:
= 45,000.00 ~ 3-18,368
w.~ Pi..c.. Ftw~a+. May 15 19 72
fw value received, 1, ws or eithe~ of us, promise ro y, withow d~falcation, to the ordar of fIRST FfOFRAI SAVINGS MID LOAN ASSOCIATION OF
FORT PIERCE at fat Piac~, fiwida, the sum o( ~ 45 with intereit from dats at ths rat~ of 8• 0% pa ~orwm, i~ monthy inital4
ments ss foltowu =431.~ on t!a 1St da of 'ju~y 19 72 ~r~d a lik~ sum on tF» cwr
Y asporniitg dsy of e+th month tMr~-
after ~ntil ths whole be fully paid.
Each insallment first shall be applied in payment of ths interest and then on 1M unpaid b+lance of the prindp~l sum. If d ault b md~ in the
paYmero of any instailment wF~en dw, and wch defauh continws 30 day~, then at t!n option oi th~ holder, and without ~ny other ~otice, sll tM remaining
~nst~limenq ~M~I be dve ~nd p~yabls at once. Priviley~ is piveo to pr~Y Mis nole in wlwl~ or in put at aey Y~me without pen~iry. Neither forebearuKe,
nor aaeptsnce by ths holder thereof afte? aey defavlt in any payments heroon, sh~il b~ deemed axtension. A I~te p~yment ch~r~ of i 21 • SS sl++ll b~
added to each iniullment remaininp w?paid 7 diys after ita dw dat~. snd • lik~ sum shall ba added b sach svch inttallmenf r~n?aininp unp~id 7 d~y~ aR~r
eacb succ~edinp paymeot date.
Each make~. wrety snd eeidorser hereof, jointiy and sencrally, waives dem~nd, presantmeot protest uid eoliae of protest for nonpayment, and further
sgrees ro any exlension of time of p~yment, either before or after matwity, without ootice to ~ny of us; and ro pay all to~t~ of oollection, Includinp ~
reasonabk attwney i fes Fn ths evenf of sny defwh here~x~der, and hsreby seve?alty waivea sll b~nefit of homestead and exemption under the oomtiMion
and lawi of each State of tM United St~tes, ss aysiint this oblipatan w ~ny extension or rerwwal hereof,
Wit~xss th~ h~nd snd sesl of esth psrty.
• (SEAU
s~ Willian S. Ivey ~
s rances .
Ivey ~
~ 67 . SO ~ ~.n ae~?.~w. ~
-{Suw~? ~Wi ~w wipind-~+~M}
NOW, THEREFORE. th~ MORtGAGOR for th~ purpose of stcwi.'+D F`iYment of said swn of i 45•~~•~ ,+nd /M pNform~nce of th~
coweants and pnem~nq hKSinafter expretsed, ud fa divert 9ood and valwbl~ coesid~r~Yans, 6y thes~ presents, does Qrant, b~r~aiA, sell, ranise,
releas~, conwy and confirm ~nto tfw MORTG/IGEE, its suaesson ~nd ~uipns. ~tl that aerain lot, pkct or parpl of land, situat~ lyinp, and bein~ in the
~ry ~ St. Lucie ~nd Suy of Ffo?id~, dacrib~d a~ fdlows:
South of the North 307.5 feet of the East ~ of the SE ~ of the NE z
of the SUi'~ of Section 34, 2oanship 3S South, Range 40 East; less the
East 48 feet for the right of way U. S. ~l, St. Lucie County, Rlorida,
F Y~-~~P~A~
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U+~~~FU-~ i`~ ~ v
O ; . 0 ~ TN~S
E
u r ~p,~'iY9Z - ~:g ~ ~ IN MYMEM~
2 ~ ~ 'C' ~IIT111i6~~ • /
~ ~ % DF RLiEKJ~' ~ ~ s ~ i9N.~~~
~~-13~.
r v p'ti~- 190ti~2 PuRStM~ to ppRW?s
a Pb-
~ ~p~JRj, ST. LtlCIE 1~. ~
royethar with all and singula~ t!w t~nernsnts, hend'aamenb and ~ppurtsnus tF~to bdonpirg w in ~nywiN appart~ininp tlnna. ~nd all nnb, iaws.
p?ooeeds u~d profin acauinp aod fo scaw from said pramaes, atl of whid~ sn includ~d in the ~bor~ and fonpoirp dan~ptfon and Mba~dum.
TO HAVE ANDthel~ the abov~ destribed ~nd yrant~d p~nrses vMO tht Nid IMORTG~AGEE, ifa wonstors ~nd auiynt fortwr. Md tM Nid
MORTGAGOR for hrirs. ~zeartori, admi~wnafors ~nd assiy% Iwr~bp oov~n~ms with tM said MORTGAGfE, ib sucastors and usiprr,
rn.r thev a re ~,~,~,Ily ~iud of d» ,aid pr.n,iNS in f«
+:+~D~~: tMt th~ s~ ~n hw, dsar and d'ac~rq~d fran ~II liera and MnwM
b.~ce, in ~,w? o. b eq~,it~, .ed rb.* they .~a theiz ~y, .h.t~ w.n.m «,d d.f.na th. tirM w th. ,.m. w+h. s.w
MORTGAGEE, in wocesson and assipro, fawer sp~inaf th~ lawful claiim and d~m+nda of dl p~nart
PROVIDEO, ALWAYS that if tl+~ MORTGAGOR shall p~y ~nto th~ M,ORTCsAGEE th~ promistory no~ heninb~ior~ d~wl~d ~nd shall trvly, promptly
end fvltY Psrform, d'atF?aye, e:scute. eompbt~ raePN with ~nd abide by tach and w~ry th~ atiPu~+tions. ~prNn~nts, oorditioes ~nd oove~nts of said
p?omissory iwN and of this Matyspe, tl~ this Mortype ~nd th~ Est~N henby cn~td ah~ll asw ~nd b~ null ~nd void.
tT IS UNQERSTOOD th~t the word ~•Mo.r9.qo.•• ~n d+. su+~,~. w d~?,~ .ny~h... h~. Mo.ro.~.. ,hau b. sr~~i.. ~t a» ooty .od
sMll be plvr~l iointly and sw~rally if nar~ th~n one, and thN the word '9Fwir' u u~sd snyw~wn in tM Allorry~ shdl b~ t~ken to mean "hi~." ''Frrs;'
w'its," wherwet tM c~om~xt w implias w admits. Abo, tMt wlwsva then i~ ~ ref~ra~u in th~ oowrwns aed apn~nwnts ha~in aontain~d ~o a~ry? of
tM puties her~to, th~ swn~ sh~ll b~ oomnved w mean a~ vwll ~s th~ h~ia. 1e~+1 np~~ath?a, woonsors and anipns (~c`ther vdvmary by aa of th~
parri~s ar terolunrary br op~.~rion of the law) of th~ wne and rhn tM cov~n» ha~in oanaimd sh~ll bind and the b~mfits ~nd advant~pp hur~
ro th~ re~ctiw hein, Ipal r~praentativa, succeason and au~pe~s of th~ part;a hKtto,
Md s~id llAortpapoa, fa themselves snd tF~eir Iwirs, Is~+l rpraa?tstivea, woo~son and asiiyra, her~by jointly and s~wally oovenam and ap?K
ro ~nd with the aaid MORTGAGEE, ifs woassors and auiym:
1. To pay ~II a~d sin~lar th~ principal and imerest and the v+rious and sundry wms of mp~y p~yaW~ by virtu~ of s+id promis~ory nob, ud Mis
mortpsp~. ach ~nd ewry. P~~VNtI on th~ days ?ap~ctiwly th~ sam~ atwnlly beoonr dw.
2. To pnr dl uid w+pular th~ t~xes, a~es~wms. ~evies. Nabilities, obliyatiau and ~now~branas of ewry natur~ ~nd kind now on uW d~w~d
P~~~Y. Of f~Nf flpNflN !My bf in~pW~d, fUffM~. p1~0ld, 1lVMd. Of ~ t{Kf~pf1. Of 1~Nf fNfli~1M fMy ~{f'V7~ p MiNf~ 11p011 t~ MOfI¢
.Q.. a+h. tnd.bt.dn.ss secw.d hs..b~?• .,ch «+d wery. wiwn d~,. .nd p.yaw.. .ooord'irg w ~aw. bffon thr~r bec~ d.ltnqu.m. and b.+o.• any teeKal
att~ches w any peMhy is incurred; ANO fNSOfAR AS MIY THEREOF !S Of RfCORU TiIE SAiri~ 3HAli 6E PROMPiLY SATISFIED AND OISCFIARGfp OF
RKORD AND TNE ORI61NAl OFFICUII OOCUMIENI (Sl1CH AS, fOR INSTANCE, ?HE tAX RKEIP? OR THE SATISfACT10N PAPER OFFICIAILY ENOORSEO
OR CERTIFIED) SFIAII 6E PIACED IN tHE HANDS OF SAIp MORTGAGEE WITHIN TEN CAYS NEXT AfTER PAYMENi; u~d in tlw ~w~t that ~ny d»reof ii rat
p+id. ~at'sfied and d+scMrqsd sa:d MORTGAGEE may ~t any tirn~ pay tM same ot any parl tMreof witho~rt w~iv&g or affecti^0 ~^Y option. ~iM. puity a
•ipht ~~der w by vinve of this mortgsp~ and the full ~mo~n?t of each and everyr such payme~t s1NIl b~ inn~edi~tdy dw and pay~bb snd shall b~ar i~tKest
kom the date tM?eof u~+til paid st r~te of ni~e per esntum per ~ivwm u~d /optthe? w~th ~r b~ s~cw«! by the {;~n of th;s mwpta~e.
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