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THIS INDENTURF, Mad~ th~ 16th ~y of ' ~y ~ , A.D. 19 72 betwear?
_ A~nerican Homes and Mort9aqes~ Inc.~ a Florida Cornoration
;
of SL, 1.LiClQ ~Wnry florida, M~einafter dtsignated a~ tM "MORTGAGOR;' and fIRST FEOERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, a corpaation apanized and ~x~~fin~ undsr rM I~ws oi tM United St~t~a of Muric~ ~nd Mvi~p ia principal pl~c~ oi
buurna in tM Ciry of fort PiKC~, S~. luci~ Counry, Flaida, her~inafta desi9na~ed is th~ "MORTGAGEE." _
WHEREAS tM MORTGAGOR it jv~tly indebted to th~ MORTGAGEE in ths sum of a 26 , . ~0 good a~d lawfut money of the Un~ted
S~ates adva~ced by ths MORTGAGEE u~to the MORTGAGOR, as evidenced by • cat~in promisswy nole of even date he~ewith, of wh~ch tha followinp io ;
words and fi9ures is a trw copy, to~wit: -
: 26, 000. 00 3-18, 3~3
Fon P~..c.. Fbrid,. ~"~av 16, lv_?~
Fw vilue received, 1, we w eitF?et of us, p~omise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIA110N OF 3
FORT PIERCE at Fwt Pierce, Florida, the sum of = 26 ~OOO. 0~ w;th i~teres~ irom date at ths rate of 7
a~.,% per annum, in monthly ins~al4 ~
~,ents as fol!ows: f 210• on the 1St ~Y of Septembez19 72 and s like sum on the cwresponclinp day of each month therr
after until the whole bs tully p~id.
Each installment Iint shatt be app~ied in payment of the interest and thcn o~ the unpaid balance of the principal sum. If d ault is made in the
Fayment of any installmenl when due, and such default continuea 30 days, then at the option of the holder, ~nd withoW any other noti.-e, all the remaining ~
~nseallrne~ta shall be due and payable st axe. P~ivilege is given to prepay this note in whole or in pirf at sny time without penalry. Neither forebearante,
nor acceptance by the holder thereof after any default in any paymenb hereon, shall be deemed extension. A late paymcnt charye of = 1O• 5O shall be
added ro cach installment ~emaininp unpaid 7 dayi after its due date, and a like wm shall be added to each such instaUmeM remainirg unpaid 7 days after
each succeedinp payment date.
Each maker, surery and e~dorsN hereof, joinNy and seve~ally, waives demand, preuntment protes! and rat~ce of p.otest for r?w~payment, and further
agrees to sny extension of time of psyment, either betore or after maturity, without ~otice to ~ny of us; and to pay all costs of cotlection, includinp ~
reasonabk attorney's fee in the even! of any defauh hercur?der, and hereby severally waives atl benefil of homestead and exemption unde~ tl~e constilvtion
and laws of each State of fhe United Srate:, as against this obligation w any exlension or renewat hereof.
W+tnes~ the hand ar~d sesl oi each pary. AI~RICAN HOMES d[~d MORTGAGES~ INC.
BY: s/ Willian A. pnderson? ~
President ~u
Corporate Seal Affixed ATTBST: 4f Verna _ i.~ An~rcwn~ ~q
Secretary ~
~ $39 . 00 si.~. eeven~e
~qs saeoilyd ~oo seipia~ t
NOW, THEREfORE, 1he MORTGAGOR fa the purpose of secvrin~ payment of said wm of ~ 26 ~ O0 . and tM perfom~anca of ths
coven~nts and sgreements hereinafter expressed, artd for d~ven pood and vatwbb tonsideratioe?s, by th~s~ presents, does prant, bar~ain, sell. ~emite,
re~ease, corwey and confirm unro the MORTGAGEE, its wcccssws and ~ui9ns, all that certain lot, p'~et~ or parcel of be~, situ~te, lyirg, and beinp in ths
County of St ~~io , u~d Stste of Flo?ida, dewibsd as follows:
Lot 1, Block 167, LAKEWOOD PARK, UNIT 12A, as per plat thereof
on ~ile in Plat Book 11, page 35, Public Records of St. Lucie
County, Florida,
~L~R~VA.
W S1 ~ Y t~ o¢ S7~M~
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D:'~ G{< CIASS'C tNiANG16LE FEi~::ii;;l P~~~E..:[~
i i- t~ ltf?i.OF i[MittY[
' N 1f01~2 Pii::S::At:i TO CfiAPiER 7I•I3d. A:.iS QF 1:l~~
's P.~. pUGFR POITRAS
CiFRK CIRCt11T fAURT, ST. WCtE 00~
~
~
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~ rogether with att and singuta~ the tenementi, hereditamenri snd appurtu~ces thereunto brlaginp w in ~nywiss appertairdnp thento. ~nd all r~nri, lut~.
~ p~«eeds u~d prof~n acvuirg snd to +ccrue from said prem'aes, all of whid? ue included in tht abov~ ~nd for~yoiny desviption ~nd hab~ndum.
~ TO HAVE AND TO HOLD the sbove deuribed ~nd ~ranted prem~ses unto the said MORTGAGEE, i1s wcaswn ~nd assiyiu forowr. Md t!K sald
~ MORTGAGOR fw t~e jr heirs, executors, administratws a~d ~uigns, hertby oov~na~ts with th~ said MORTGAGEE, ib woc~sfwa ~nd ~ssipro,
~haT thev dZe ~ Iawfully seized of the said premises in iee aimplr, thaf t!u ~arrK ~r~ f~e~, cl~ar snd discl?~rped from ~II liera Md ~ncurtr
f brances in law a in puity, ~nd that they W;i~ th@lI bsin shall warrant ~~d d~f~nd tM tNl~ to the sam~ to th~ saW
3 N10RTGAGEE, ib successors and ~ssiyns, fwever syainst ths lawful claims and d~m~ndi of ~II perwns;
PRdVIDEO, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE th~ promiswry not~ t~ersinb~for~ d~stribed ~nd sMll truly, promptly
and fully perform, d'+schuye. execute, compkte, compty with and abtde by each u~d every tIK itipubtions, apre~rnen», ca+ditions and cover?~nb of said
promialo?y nofe ind of this Mortgspe, then this Mortyaye and the Est~te hereby cr~ated shall oeas~ and b~ null ~nd wid.
r IT IS UNDERSTOOD that tF~e wwd "Mortpspor" whether in tM singula~ or plw~l anywher~ in this Mwtyaye, shall b~ sinpular if oew only ~nd
sh~ll be plural jointly and ~everally if more than one. ~nd that the word "thei~' ~s used ~nywMn in rhis Mwt~aye aMl1 b~ tike~ to mein "hia,•• „Mn;'
w"in;' wherever the context w implies a ~dmin. AIw, tl~at whereve~ there ia a ref~rencs in th~ covtnann u?d ayr~ertKnb hsrein oonhiosd to any of
the parties hereto, the iam~ shall ba construed to mean as well ~s the hein, kyal r~presentatives, wcceswn and auiyro (~ither voluntary by acf of tM
partie~ or involu~ury by oper+tion o1 the Iaw) of the ame and thaf the cwenants Mr~in contained shsll bind ~nd 1F~e ben~fits and advantsy~n inun '
- ro the respMivs hein, leqal represent~tiva, wcceuon and ~u~yns of th~ prties haeto.
? Md said MwtyaQors, fw tF~emselva ~nd thei~ hein, le~al representativa, succ~ssoa ~r?d auipro. fwreby jointly snd sevsr~(ly cov~nt ar?d ~r~e ;
~ to ~nd witA 1he said MORTGAGEE, in tutcessws ~nd assi9ns:
i
1. To pay ~It and sinpulu the princip~l and inrerest ~nd th~ w~ian and wndry wms of mwKy psYabk by virtw of s~id pomiuory note. ~nd this j
mo.tga~e, ~~ch and every, pramp~ly o~ tM day~ respectivety tM ~ s~wr~lly becar» dw.
~ 2. To pay all ~nd sirgulu ths uxa, assesune~ts, Isvies. liabilit~es, obliyaY~wn snd ~ncwnbances of ~wry natur~ ~nd kind now on said desuibd
prope~ty, or that hereafier may b~ impowd, suff~red, placed, tevied, w as~tatd tMereon, a fi?~t he?tsftt~ may h~ Iwied or usessd upon this Allort~
- ige, a tM indsbtedness tecured F~enby, each ~rd ~v~ry. when d~e ~nd p~y~bte, accwdirg ro law, beton ther bacan~ d~luque~t, and befwt ~ny int~rat
artachcs w any penalty is incurred; ANU INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHAII 8E PROIIRPTLY SA115FIFD AMD DISCNARGE~ OF
~ RECORD ANO TME ORtGINAI OFFICIAL DOCUMENT (Si1CH AS fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFfIC1AllY ENDORSE~
OR CERTIfIE~) SHAII SE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; u~d in tl+e event that any thereof is not
R paid, sat:sfied and diuharged said MORTGAGEE may at any time pay the same w ~ny put the~eof withovt w~iviny a aftectirg sny option, lien, equity a
•~qht under a by virtue of this morrgage ~nd the full smount of each and every wch payment sFull b~ inwnediately due and p~y~bk and ihall btar int~rest
~ ~•em tix date thereof until paid at rate of nine pe? centum per annum and toyelher~witRh ~nlerest sMfl be secured by fhe lien of th:~ mor9taye.
sooK 2~3 ~ACE 3
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