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231292 '
THIS INDENTURE. Made Iha `~th day of `~un~ A.D. 19
72 ~ between
American Nomes and ~fortgayes, Inc.~ a Florida Corporation
~ of $t . WC ie County Fl.x~da, hereinafte~ deig~+red as tl+e "MORTGAGOR," snd FIRST FEOERAL SAVINGS ANp tOAN
ASSOCIATION OF FORT PIERCE, • co~paati«? oryani:ed ~nd exis~inq u~der ~hs taws of tM Un~ted Staus of Ama;ca ~nd Mvinp in princ+pal plac~ of ~
bu~in~ss in rh~ City of fat Pierc~, St, lucie County, Florida, hersin~fta de~iyn+ted ~s tt~ "MORTGAGEE:'
WNEREAS th~ MORTGAGOR it justly indebted to Ihe MORTGAGEE in ths sum of = 16 L600. UO , 9~ and lawful mw+ay of ?he Un~ted
Srates advanced by the MORiGAGEE unto the MORTGAGOR, as evidrnced by a certain promiuo~y note of even date herewi~F+, of which tha followirq in
` ~ordf and (igures is a trw copy, to-wit:
_ =16,600.OU ~ 3-I8,451
- Fott Pie?c~. Flaida, `1une 9~ 1972
' fw wlue received, 1, we w eitker of us, prom~se to pay, without defalcat~on, to the ordcr of FIRST FEDERAI SAVINGS ANO tOAN ASSOCIATION OP
~
~ fORT PIERCE at Fort Pierce, fb~ida, the sum of s 16,60~. w;th interest from date +t the rate of 7' S% per a~num, in monthly install-
` ~~enrs as follows: s 134 . ~ L SL ~y of Oetober , ~9_ 72 aed a 3ike sum on the correspond~np day of exh mo~th there-
after untit ~he whote be (ully paid.
~ Each inatallment firit shall be applird in payment of the interest snd thcn on the unpaid balance of the princ~pal sum. If d sult is m~de in ths
~ ayment of any installment when due, and such default cw+tinues 30 days, then at Ihe opt~on of the hofder, and withovr any orher ~otice, a!! the remain~ng
~~,staltments shail be due and payabte at once. Privilege i~ given io prep~y fhii note in whole or in part at any tcme without penalty. Neithe~ faebe~rance,
' nor acceptante by the holder thereof af/er sny defauh in any payments hereon, shall be deemed extenaion. A late payment charge of s 6• 7O shall be
- added to ~ach imtallment remaining unpa{d 7 days after in due date, and • fike sum shall be added to each such instaltment remaining unpaid 7 day~ after
each succeeding paymem dste.
Each rr~ker, surety and endwser hereof, jo~ntly and sever~lly, waives drnand, presentment protest and notice of protest fw nonpayme~t, ~nd f~rther
agrees to a~y exfe~sion of t~me of payment, eithe~ before or after matvrity, wi~hout ~ot~ce to any of us; and to pay all costs of collection, includ:rq a
~eesonable attwney's fee in the event of any defauit hereunde~, and hereby severally waives al! benelit of lromestead and exemption under the constitution
e~~d laws of exh SI~p of the United States, as aga~nst this obl~gation w any eatensio~ or renewal hereof. ~
W~t~ess ~he lynA~nd sesl of cach party. AMERICAN t{~~S AND ~~ORTGAGES~ INC. ~
• l, gy; 5/ William A. Anderson, Presi~g~
. . , ; (SEwt)
" ~ ATTES7: s/ Verna L. Anderson,~ Secreta~r~i~
CbrpozaYa ~1 Affixed
. (sE~t1
,524~4~4 ~'~st~ Revenw
i~IG~flllMliF ~Fi1i5111i1 ~i3)
IVQW; THEREf01lF, the AAORTGAGOR fw the purpose of secur;~g pay,nent of uid sum of =16 , 6U0. 00 „ ~nd tM perform~nu of /M
covensnb ~1~d spK'emenr~ hereinafter expresscd, ~nd fw divers good ~nd wlwble consider~tions, by these presents, does yraM, buyain, sell, remise,
release, convey +nd confirm unto the MORTGAGEE, its iuccessort ~nd ~uigns, all tMt tertsin bt, piete or p~rcel of I~~d, situate, lyinp, end beinQ in the
County of St. Lucie State of flor~da, described as fottows:
Lot 4, Block 7, LAKEWOOC P~RK, UNIT N0. l, as per plat thereof
on file in Plat Book 10, page 51, Publie Records of St. Lucie
County, Florida,
~
u, 5T1~TE-. t,. ;-L~~1~lUt~ `
. -~.X ~
c~ ~?~.:Uti'~- ~ ~ -
J ~ JUN 13'72 ; . _
t-
~ _ ~:~~:~_,2 4 9 0
N U D4ii.~ii 7t~=.' ss-- s ^ ~ C'~;; PAY~1ENi Of 111XF~
P.~.~9o~u ~ RfCE1VED i- ~ - ~R~rE~lr,
pUE pN CIASS -;~;~'::,t9`-~ pACIS'0 1~)1, f>!~ ~
wRSUANI TO Gi~~~ ~l•134. . s Go. F1i
~pGElt POIiRllS. G=~K Gtwi1 CaMt, ~ WO
rogetlur with •N and singular the tenements, hereditamenb and ~ppu~t~nces thereunto b~lonpinq p in anywise ~ppe~t~ininp tMr~to, and dl r~nH, fsfws.
proceads ~nd prolits stcruirg and to accrue from iaid premiset, all of which ue intluded in tFx abpw ~nd forpoinp dtwiption and l~abtndum.
TO HAVE AND 10 HOLD the above desuibed and 9r~oted p~em~ses unfo tM said N10RTGAGfE, irt tvae~wn ar+d usiyro fa~wr. Md th~ said
'KORTGAGOR fw - 1 L S~_____ ~;~s, executors, adminis~ratws and ~stignt, F~treby cownanri with tM said MORTGAGEE, iri wocts~on u+d auipn~,
rhat 1 L 1 S tawfully seiied o~ the tsid pr~m7ua in fse ~imple; tM! ih~ wm~ are (rM, clNr ~nd disch~ry~d from all liero and N+cv~
brantes in law or in eq~ity, ~nd that 1 t will and 1 Z 5 I+ein shall w~rr~nf and dtfend th~ fitl~ 1o tM saeM to tM said
N10RTGAGEE, its ~uccessors and au~gns, forever a9ainst tM lawful claims ~nd dema~di of all psrsons;
PROVIDED, AlWAYS thet if the MORTGAGOR shall p~y unro the MORTGAGEE tFw p~omiuory nW~ fwreinbefor~ dNCribtd ~nd slwl! truly, promptly
a~d futly perform, d~uMrge, execure, comptere, comply wirh +nd ,b~de by exh and wery tM st~pulations, ~yrKm~nb, cw~di~am ~nd wwnan» of ~aid
promiasory note ~nd of this Mor~yage, then thit Mort9ag~ and tFK Esqte hereby cr~at~d ~lull c~as~ and bt r?ull ~rd void.
IT IS UNDERSTOOD tMt the word "Mortyayw" whether in the iinpvlar a plwal ~nyvrMr~ in thn Abrt~aqe, ~hal( b~ sinp~iN it one onty a+d
shall be plural jointly and sever~I(y if more th~n on~, and that the wwd "rheir" a~ used +nywhtre in this Mon~~ sMll b~ t~ken to rn~~n "his," "i+~n;'
or "iti," wherever the context so implies o~ admiri. Also, tMt wherever there ii • r~fere~c~ i~ th~ cwsnants and s~rkm~nts herein cont~in~d to ~ny of
ihe pari~es i,~reto, the same shall be co~strued to mean a~ well the heirs, 1e9a1 r~esentatives, svccesswt ~nd ~uipm (~ithw votuntary by xt of th~
parties or involuntsry by operaYan of t!a iaw) of the same and that the covenant~ her~in tontained sMll bind a~d tM ben~fiu ~nd advantpts irwr~
~o the respective he'vs, Ieg~l representatives, succawrs a~d ~si'gns of the partit~ h~r~to.
Md ~aid Mort9ayws, fa them~elves and thei~ hein, leg~t reprrunt~rives, svcceswn a~d ~uiyns, hereby jointty ~nd wver~lfy covsnant ~nd ap~K
co and wi~h the taid MORTGAGEE, irs successors aod auigm:
i. To p~y ~I! ~nd sinyvbr the p.incipal ~nd imerest ~nd th~ v~r~ous ~nd su~xlry swm of mon~y payabl~ by virtw of s~d promii~o~y not~, ~nd tha
mortyaye, each ~nd every. promptly on the dayt rtspectively tM ume sev~rally becarM dw.
2. To p+y all and s~rgula~ fhe tsxes, asseismenb, leviea, li~bilities, obliyations ~nd ~nc~mbranc~s of svery n~tur~ ~nd kir+d now on uid desaibed
property. or th~t 1»reafur may be impokd, suffe~d. pl~ud. levad, w~sksssd thereon, or that hertafier may b~ kvNd a auessed upon this Mort~
•9~, a the indsbtadnets tecured her~by. ~sch and ~very, when due and payable. ~ccwdinp to taw, b~for~ tF~sy becane d~linqwm, and b~fw~ ~ny inqrKt
attaches a any penalty is incurred; AND INSOfAR AS ANY iHEREOf IS Of RKORO iNf SA1Nf SHAII 8E PROMpi~Y SATISFIED AND OISCHARGED OF
RECORD AND TMF ORIGINAI OFFICIAI DOCUMENT {$UCM AS, FOR INS~ANCE, TNE TAX RECEIPT OR TME SATISFACTION PAPER OffICIAIIY ENpORSEp
OR CERTIFIED) SHAII 8E PtACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AfTER YAYMENi; and in the tvent th~t ~ny fMr~qf ia not .
paid, asYSfied ~nd discha.ged ia:d MORTGAGEE may a? any t;me pay the same or any paH thereof withw~t w~ivinp o? ~ffectinp any option, lien, puity a
•iqh~ under o? by virtve of this mortgaye and the full smounl of each and every iuch p~yment shtll be immediately d~e •nd payable and tMll b~at iMe~~f1
~•om the date thereof until paid a? r~te o} nine per ce~tum ptr •nnum and to~ethe? w~th svch ~r~~~~ setwed ien of th:a mw9tayt.
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