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THIS INDENTURE, Mad~ the 7 t h day oi `lu 1 y ' A.~.~.{9~ b~tw~an
_ S. L. D1. i?evelonment Corpo~ tion,~ Floric~a Cor~~ration
of SL . Ll1C 1 C ~pyn~y Flaida, Mrei~aitet designated ~s 1M "MORTGAGOR," and FIRST FEOERAL SAVING6 AND IOAN ~
ASSOCIATION OF FORT PIERCE, a cwporation oryanized u~d exis~iny unde~ tM laws of tAs Un~~ed St~at of M+erica ar~d havinp ;n w~~a~ D~~~~ of ~
busi~eu in tF» Ciry of fw/ Pi~rc~, St. Lvcis County, Flwida, herein~fur deiip~ated as tM "MORTGAGEE:' ~
WHEREAS th~ MORTGACsOR is jwtly indebted to tht MORTGAGEE in the sum ot =3n, `1nO.00 q~ and lawful money of ths Un~ted
S~atei advanced by tM MORTGAGEE un?o ths MORTGAGOR, as evidenced by a certain promiuory note of even date ha~ewirb, of which tl» fo!lowinp in
words and figures i: a trw copy, towit:
= 3n. =100.70 3-? €3, S•i l.
Fwt Pietce, flwida. '1u 1 Y ? ~q 72
Fw v~lve received, 1, we w either of us, promix to pay, wilhout dafalcation, to the order of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION Of
FORT PIERCE af Fwt Pierce, Fbrida, the sum of Z 3~ w;th intereit from date at the rate of 7• S % px annum, in monthly instelb
menrs as follows: = 2` on the Z S t ~y o f 1lovember ~9 72 and a like sum on the torrespond~np day of each rtwnth fhere-
afrer until the whole be fvlty paid.
Each installment fiisf shafl be applied in payment of 1he interest and lhen on the u~paid balante of the princtpal sum. If d ault is rnade in ths
aayment of any irntatlmenl when due, and such default continues 30 days, then at the opti~ of the holder, and without any ofher notice, all the remaining
~nseallments shall be due and psyable at once. Privilege i~ given to prepay ihis nots in whole or in part ~t sny fime without penalty. Neithar forebear~nce,
nor acctptance by the holder thereof afie~ any default in any payments hereo~, shall be deemed extension. A•late psyment charge of : 11 .75sMll be
added to each iostallment remaining unpaid 7 days after its due date, snd a like sum sMll be added to each such installment remaining ~npsid 7 days afta
each succetding paymeN data
Each maker, surety and endwser hereof, jointly arul seve?ally, waives demand, presentment protest and notice of protest fw no~payment, ~nd further
agrees ro any extenian of time of payment, either befwe w after maturity, without ~otite to any of us; and to pay all coats of colledion, trxludirg a
reasonabk attorney's fee in the event of any default Feereunda, and hereby severally weives aN benefit of homestead and exemption under tl+e constituYa~
and laws of exh S~ate of ~F.e United States, as a3ainst this obligation or ~ny extensia~ w renewal hereof.
Witneu the hand and seal of each party. S. L. ?•1. I~(?VE'ZOri~G'Tlt Corporation
gy; S Alilton F. Fl;mn, Presiden~U
~ ,
'~orpora ~e Seal Aff ixed ` ~ " ' ~ i ~U
. ~~T~; S btary F. i'lynn, S~cretary
(sE~?U
~ -4 S. 60 ~ State Revenve
-i5~aw+p?-c~scdt~don-oriyiwal~qta-.. '
NOW, THEREFORE, the MORTGAGOR fw the purpose o( setvring p~y~eent ,of .s~id sum of -s 3O, ~00• ~ ~ and th~ t
covenants +nd agraemenb heieinafter expressed, and fa divets yood snd v~IWbl~„considerations, by these ~f ~
presenri, does g~~nt, bar9ain, se14 rem;se,
releax, tonvey and confirm unto the MORiGAGEE, its sutcessors and auigns, all thst certain lot, piete or pucel of lu~d, situ~te, lyinp, and beinp ir: tM
~~~~y SL . Lt1C 1 e aod State of Florida, dexribed as follows:
Lot 5, F32ock S, TFii?;1l3 nOItif7', a Subdivision ~s ~er plat thereof on file
ia Piat Fiook 10, at na~e 79, of the Public Records of St. Lucie County,
[~loric?a, ? ~
~ LU!-21Up?
W 5 1 Ia 1 t pv SSAMP TAX
~ r pOCUthENTt?~~„~~~~
j o =~12'72 `'r°-p 5 6 O: RECElYEp IM PA
` ~t
OEii.GF Pf4EK~ ~~.~y'~ J~ ~
N v ~ - ~ C' I N TMIGIBIE PEFt$pry~P~ T~
S
~9o»x ~RSl1~1NT TO C1iAP?~~ 71-133. •
R~. R'CGFR PO~TRA.~TS OF 19/1.~ ~ y~
ctFr~ tiscuir cousr, sr. ~uc,F o~ ~ l/
.
rogerher with al! sr+d sengubr the tenements, heredibmenn and sppurtances therevnto b~brginy o? in a~ywise sppeAainin~ ther~fo, and all r~nts, issuq,
proceeds and profi» ac«~ing and ~o acwe from said premiaes, all of which are includecl in th~ abov~ and foreqoinp description and Iwbend~xn.
TO HAVE AND TQ HOID the +bove described +nd ynnted p?emises unto the said MORTGAGEE, ib succ~swrs snd auiy~s forewr. Md fh~ sald
MORTGAGOR. fw 1* 5 - hein, executon, administrators snd asaig.a, hereby cove~ann wnh ehe said MORTGAGEE, Hi succes~ors uid ~ssip~
that 1 t 1 S , ~~~ulf seized of the said
Y premises in fes simple: that the wns are fiee, clNr snd dischuyed trom all liera and sncuro-
brances in taw or in equiry, snd ths~ 1 t W~~~ 1 t S ~~y y~~~ warra~f u~d defend th~ titlt to the tam~ to tM iald
MORTGAGEE, iri succauors snd utigns, forever ay+irot the Iswful cliuns and demands of all perspu;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE th~ promiswry note hera'u~before describ~d and sMl( truly, promptly
and fully perform, disciw~~e, execute, complete, comply with and abide by each and evety the stipvlariwn, ~yreemenb, conditipa and coven~nb of said
promiswry oole ~nd of this Mwtysye, then this Mortg~ge and the Eslate hertby uested thall ce~ss and M null and void.
IT IS UNDERSTOQD that the wwd "Mortyayw" whether in tF» singular or plwal ~nywhett in this Mwtpapt, shdl b~ sinpul~r if ont only ~nd ~
shall be plural jointly and sever~lly if more than one, and that the word "their" as used ~nywhere i~ this Mortpape ~hall bs taken to me~n "hu,•• „htr~;,
or "its:' whefevn the coete:t w implies or admits. Also, that wherever there is a r~ference i~ the cove~snn s~+d ay~~emems herein oomained to u~y of
the panies hereto, the iame shall be construed to mesn s~ well u the hein, leyal r~present~tives, succeuws and assiyns <~ither volumary by ad of tM
panies w imroluntary by oper~Yan of tMe !aw) of ti~e same snd tbst the coveninb herei~ cont~ined sMll bind and the benefits and adv~MSy~s inur~
ro the respective he'u~, teyel representatives, successors ard au°gns of the p~rties hereto.
Md ssid Mortqa9ws, fo.~themselves ~nd their hein, legsl represer+t~tives, successors u+d ~uiyns, hercby jointly and severa(ly coven~~t a~d pr~e
to snd with the said MORTGAGEE, its succeaaors ~nd auigm:
1. To pay dl and sinpulu rhe principal u~d interest snd the various ~nd sundry sums of moneY p~Yabls by virtue of s+id promissory note. ~nd this
rnortgs~e, each and every, promptly on th~ dsys reipectively tFie ssme severally becan~ due.
2. to p~y all end si~gula. the uxes. ~uessmenn, levies. Ii~6ilitKS, oblig~tio~s and encvmbrances of e~rery n~rwe and kind now o~ said davib~d
property, a tMt hereaNer rewy b~ impot~d, wffenQ, pt~ced, levied, a assessed thereon, or tMt her~~fter may be levied a ast~sed upon this Matp-
age, or th~ indebtedness secured hereby, exh and ~wry, when due ~nd paysbk. ~ccwdirg to law, befon ther become d~linq~er?t, and befw~ ~ny Im~r~st
attathes w~ny penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORO THE SAME SHAII EE VROMWTIY SATISfIED AMD D15CHARGED OF
RECORO AND THE ORIGINAI OFf1C1Al DOC.UMENT (SUCM AS FOR INSTANCE, THE 7AX RECEIPI OR T?IE SATISFACTION PAPER OfFICIAIIY ENDORSED
OR CERTIfIEO) SHAII BE PtACED IN THE HANDS Of SAID MORTGAGEE WItHIN TEN ~AYS NEX~ AFTER PAYMENT; ~nd in tF?t event that ~ny thereof is ~ot
pa~d, sat"sfied a~d dischuged sa:d MORTGAGEE may ~t any time pay the same or any pa» thereof wi~hout waiviny u sffectirg a~ryr opiion, (ien, ~qvity w
•~qht unde? or by virtve of this mortgage and the full amount of esch snd every such payme~t ihall be immediately dve and payabls ~d ihall beat i~te~ett
~~om the dare thereof until paid a1 rate of nine per centum per aru~um u+d to9ether with such interest sMt~b~~~ `yr the Iien ~~~9?a~t -
aoox 4 Pac~
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