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. THIS INDENTURE. Made the 9th day ol J~e ~ A.O. 19 72 between
_ American Homes and Mortgages, Inc., a Florida? Corporation
oi St . Luc ie County Ftorida, hereinafte~ deignated as the "MORTGAGOR," and FfRST FfOfRA! SAYINGS AND IOAN ~
ASSOCIATION OF fORT PIERCE, a co~poralion aganised and ex~s~inp under Ihe lawi of the United S~atas of Anxric~ and hsvinp iri principal place of
~ busins:t in the Cify of Fwt Pierce. St. lucie County, Flaida, hereinafter des~ynated as tM "MORTGAGEE:'
_ WHEREAS tM MORTGAGOR is j~itly indebted to the MORTGAGEE in the sum of s 15~0~~00 , good and lawfu! money of the United
States advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by a certain promissay note ot even date herewith, of wh~ch the followiny in
words and figures is a trus copy, to-wit:
s 15 L000.00 i,~, 3-18, 452
Fort Pierce, flwida. June 9~ 19 7 2
Fw value received, I, we or either of us, promise to pay, without defatcation, to the order of FIRST FEOERAI SAYINGS ANO LOAN ASSOCIATION OF
FORT PIERCE at fwt Pierce, florida, the sum of s 15t~~~~ w;th interest from date at the rate of 7_t~ o per annum, in monthly install-
~ -:~rnts as fottows: : 121'~ on the lSt day ef ~ctober_ ~9 72 ~nd a like sum on the c«respond~ny day of each month there-
atter until the whole be fully paid.
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the p~inupal sum. If d aulf is made in ihe
; a;meM of any installment when due, and such default corttinues 30 days, fhrn at the option of the Aotder, and without any other ~otice, all the remaining
,•:srallments shall be due and payable at once. Privil~je is given 1o prepay thia note in whote or in paA at iny time without penalty. Neither forebearance,
nor acceptance by the holder thereof after any default in sny payments hereon, shall be deemed extension. A late payment tharge of = 6~05 , shall be
ad~ed ~o each instatlment remaining unpa~d 7 days af~er ~ts due date, and a like sum shall be added to each such installment remaining unpaid 7 oays sftet
each succeeding payment date.
Each rt~r, surety and endor:er hereof, jointly and severa~ly, waives demand, p?euntment protest and notice of protest fw nonpayment, and funher
agrees to any,eafNqion of time of payment, either before w after maturity, withaut nofice fo any of us; and to pay all costs of coilettion, includ;ng a
raasor.~b~le atfap~y~ f~e in the event oi any default he~eunder, and hereby severally waives all be~efit of homestead and exemption under the constitutiw~ s
and faws of eath . p~ alf !h~ United States, as against this obligation or any eatension a renewal hereof. '
tness the. ty~ iod seal of each pa?ty. Al?SRICAN HONES AND hUF2T'GAGES ~ I1VC •
- ~ ; . c;~ S
/williauo A. Anderson, Presid~~
_ ~ :
• re~~ t e=j?34 ~ q f f ixe~ csent)
~ ~Verna L. Anderson~ Secretar}~~q
- (s~?u
( • State Revenue
ff~[e0C7i/!! WQli'~ibl~CqdC) _
NOW, THEREFORE, ~he MOR7GAGOR fw the purpose of secu?ing payment of said sum of = 15 ~ 0~ , ~nd the performance of tM
covenann and ~greements hereinafter e:pressed, and fw d~vers good and valuable considerat~o~s, by these prese~ts, does granf, berp~in, selt, remise, ,
release, convey and confirm unto the MORTGAGEf, its successors and assigns, al! that ce?r~in lot, piece or parul of land, tituate, lying, u?d beir+p in ths
Couny of St . LUC1@ , snd State of fbrida, dewibed followi:
. ~ ~
;
a
Lot 20~ Block 74~ LAKFWOOD PaRK, LNIT NO. 7~ as per plat thereof
on file in Plat Book 11~ page 13, of the Pub2ic Records of St.
Lucie County~ F2orida. ~
. ~
s
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S I<a ( t= t-- L. l~ 4-1 I i_ 1:~1 ~D C`'J tlf PJIY~tEllt' OF TAIfD
, , ' ! ~ ~ O~ (XASS 'C i, c
c~ ~ D~C : ~ : ; ` , '~A~IGtBL.. PERSUNAL ?IIplERi~
j ,;:+t 13'72 j ~ ; - ~ ~ TO CIiAPTER 71•134. ACIS OF 1971. ~
o ` 2~ 5(~ _ ~ Po~TS~, a.~ c~~~ c~,w, a. i.d. a~ a. ~
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!n t~iPt.BS i.~:f. _E~'is~ _
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rogefher w~th all ~nd singular ths tenemsnts, hereditaments ~nd ippurtances ihereunto belonpirg o~ in anywiie ~ppeAainirp therefo, snd +U rents, Fuues,
proceeds and p?of;n accrving and to acuue from s~id premisea, all of which ue included in tht above +nd fwyoiny dewiptwn and habendum.
TO HAVf AND Tn NOIp the above desci~bed and gr+nted prem+ses unto the said MORTGAGEE, it~ successo~s and assiqra for~vN. And th~ saW
MORTGqGOR,for 1t5 heirs, executws, sdminiitrators end assigns, hereby covensnb with Ihe said MORTCsAGEE, its successon ~nd ~ssipro,
lt 1S
~har lawfully u~zed of the said premi~es in fee simple; that the same ar~ iree, ckar ~nd discharped from all liens and ~ncvm~
b.ances in law or in equity, a~d that lt will ~nd 1tS hein thall w~~rant a~d defend tht fitk fo the ism~ to tFw uid
W10RTGAGEE, its successors and assgns, forever a9airut the lawful ciaims ~nd deman~ of ~R pasons; ~
PROVIDED, ALWAYS tMt if ~he MORTGAGpR sh~ll pay vnro the MORTGAGEE the promiuory note hereinbefore dewibed ~nd tMll truly, p?omptly
and fully perform, d~xharge, execute, compl~te, comply with and abide by exh and every the itipulations, ayreemen», condiiiom and covtn~nts oi uid
prom~ssory not~ and of this Mor~g~ye, then thit Morty~ge and the Est~te hereby cre~ted sRall ce~se u+d be nutl ~nd void.
IT IS UN~ERSTOOD tlut fhe word "Mwtgayor" wF~ether in the sirgular or plur~l anywhere in this JNortgay~, s}ull b~ tinpul~? if on~ only and
shall be plu.~l 'pintly and severally if mwe than one, and that the wad "tF~eir" as used ~nywhere i~ tha Mort9~ye ihall be t~ken to rrK~n "his:• ••h~n••
or "its;' whe~ever the context so implies or admits. Also, thaf wherever there is • refererxe in tFro covenants ~nd a9reertKnb herein contained to ~ny of
rhe pa.ties i~ero~o, the same sh+tl be consr~ved to mean as well ~s the heirs, iey~l represenr~liva, ~uccessort snd +tsigns (either wluntary by scf of the
parties o~ invol~ntsry by operation of the law) o( the ssme +nd that the covenants herein contained shall bind and the benefits and ~dvantsyes inw~
~o tFx respedive heirs, {eyal represeroatires, successas a~d au~gm o/ the psnies hereto.
Md said Mortysgas, to~ themsetves and their heirs, leyal repreuntatives, successas and auiyns, he~eby joinHy and saver~lly covenant and ayr~e
ro ~nd with the said MORTGAGEE, its successors and assiyro:
1. To pay all ~nd sinpular the principal and interc~t and the various and svndry wms of money payable by virtue of said promisfory note, ~nd this
mwty~ge. each ~nd every. promptly on the dsys respedively ths same sevtraUy become dve. ~
2. To pay ~11 and ~ingular the taxcs, sssessmenrs, levies. liabilitiei, oblig+tions and encumbr~nces of every nature snd kind now a+ said d~wibed
property, w th~t heresfter msy be imposed, s~ftered. Placed, levied, or auessed thereo~, w that hereafter may be levied a usetsed upon this Mort¢
age, o? tM i~+debted~eu ~ecured F~ereby, tach and every, when d~e ~nd pay~bte, accadirg to I~w, befor~ tlxy becom~ delirpuem, snd befa~ u~y interest
artaches or any penalty is irxuired; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTtY SATISfIED AND DISCHARGE~ Of
RECORO AND THE ORIGIhAI OfFICIAI DOCUMENT (Sl1CN A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P/IPER OfftCIAILY ENDORSED
OR CERTIFIED) SHALL BE PLACEO IN THE HANDS OF SA~D MORTGAGEF WlIHlN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any Ihereof is not
pa~d, saYSfied a~d discharged sa:d MORTGAGEE may at any time pay the same w any part tFxreof without wsiving w alfectiny any optSon, lien, eqvity p
•~qht under or by vinue of this mo~tgsye and the fult amount of each and every ivch payment shaN be immediarely dve and payable and shall bear interest
~.om the dare thereof unri! pa;d a? ra?e of n~ne per centum per annum and toyether w~th such iLrte(~est h II be secured ~rhe lien of th:s mw9taq~.
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