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THIS INDENTURE, Mad~ ihe lOth d~y of 'July A.D, 19?? batw~en ~
Frederick F. Ratliff, III and S aron C. Ratliff~ his Nife
of SL • L~ 1e County flo~tda, hereinafter designated +s tht "MORTGA ~and FI T~EDERA~ SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE, • cwpwatioe+ w~+~ized and existing unda tM laws of tM Un~ted St+t~s of Amtriu and Mvlnp .iq principal pl~t~. of
business in ths City of fwt Piau, St. L~cie County, Florida, her~inafte+ de~i~~ated as tM "MORiGAGEE." ,
WHEREAS the MURTGAGOR is juitly indebted to the MORTGAGEE in the sum of = 11 .600. ~0 9ood and lawful money ot the United
S~ates ~dvanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuo~y note of evM d~te F~erMi11~. of which tM followiny 1~ -
word~ and figuret is a trw copy, to-wit: ~
~ 11.600. 00 ' _18, SSS
fwt Pieres. Fio.~d.. July lOi ~y 72
fw valve received, 1, we w either of ~s, prom~se ro Nay, without defslcaGon, to the orde~ of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Flwida, the svm of s 11 ~600.00 w;th i~tereat from date at the rate of7 • 7596 per annum, in monthly install-
ments as follows: = 96 • O0 on the day of Sej?te~e! - 19~~. and s like wm on Ihe correspond~np day of each month tMre- ;
aiter unfil the whole be (ulty paid.
EacF~ installment fint shall be appl~ed in payment of the interest and then on the unpaid balance of the p~incipal sum. If d auh is msd4 in tM
payment of any ins/allment when due, and such default continurs 30 dayt, then at the oFtion o4 the holder, and witho~t any otFxr notice, al) the remaining
~nsra~lments shail be due and payable at once. Privilegc is given to prepay this note in whote or in part ~t sny time without penafty. Neither forebear~nce,
nor atteptance by the holde~ tFxreof after any defsuh in any payments hereon, shall be decmed extenian. A tate payment cha~ge of Z~• 8O tFull be
added to each installment remaininp w+pa~d 7 days afte~ its due date, and a like sum shall be added lo each such installment remaining unpaid 7 days aher
each su4ceeding p~yment date.
Each msker, surety and endwaer hereof, joint~y and severalty, waives demand, p?euntment protest a~ notice of protest for nonpayrtKnt, and fuAher
agrees to any extenian of time of paymcnt, either before w after maturity; without notice to any of us; and to pay sll msri of mllection, i~xludinp a
reasonable attwney's fee in the event of sny defaulf hereunder, and hereby severa~ly waives all benefit of homestead and exemption ~nder the cautit~tion
and laws of each State of the United Sfates, as ags~nst this obligation w any extension o~ rer_wal hereof.
Witness the hand and ual of each pa~ty.
s/ Frederick F. Ratliff ~ I II ~Aq
(s~?U
' s/ Sharon C. Ratliff ~
$17 40 ~u
( • ) State Revenue
:l~aM~F sdlfwlR~ ili il~~i)
NOW, THEREFORE, the MORTGAGOR for the purpou of securing psyment of said sum of S 11 ~ 6~0. ar+d the performance of tl»
covcnanb aod syrccmenb hereinafter expressed, and fw divers ~ood ~nd vslu~ble consider~tions, by these preunts, does yrant, baryain, sell, remise,
release, convey a~d confirm unto the MORiGAGEE, iri succeuors a~d au~gns, elt that certain lot, piece o~ pucel of land, situate, lying, u?d beiny in ths
~~~ti ~ St . L1]C le and State of flwida, described ~s follows: -
The West 75 feet of Lots 8 and 9, Block 2, EDGEWOOD ACRES, as per plat
thereof on file in Plat Book 10, page 3, of the Public Records of- St. Lucie
County, Florida,r
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together with atl and si~gular the tenements, hereditamenn ~nd appurt+nces therevnto befoapirg w in anywis~ +ppert+ininp thereto, and al) ~~nb, issu~s,
proceeds ~+d prof~ts accruing and to uuue from s+id premius, sll of which ue incl~ded in the ~bove and fws~oirg descripYan and Mbendum.
TO HAVE AND TO HOW the above described and granted premises unto th~ s+id NIORTGAGEE, in woceswn +nd assipns fwwa• /u~d th~ Nid
MORTGAGOR fw the ir ~~;n, executas, administntws ~nd auigns, hereby coven+nb with ths said MORTGAGEE, its wcceswrs ~nd assipra.
~hat the~[ aIe tawfully seized of the said prcmisea in fe~ simple: tMt tM s+me are fre~, ckar ~nd dix}~aryed irom all liern ~nd M+cw~
€ brances in Iaw or in equity, and thst they r,,;ii a~ their ~;n,t„n warraM u~d defsnd t}r fitb to tM s+m~ to ths wid
~ MORTGAGEE, its s~ccesson and ~uigns, forever agairot the lawfvl cliims ~nd demands of all penom;
PROVIDEO, ALWAYS that if the N~ORTGAGOR shall psy uMO tfie MORTGAGEE the promisfory note hereinbefore described and shall truy, p~omptly
and fully perfo~m, disch~r9e, execute, compkte, comply with ~nd abide by esch and every the stipul~t~an, preemenri, tonditions and eovenanb of ssid
~ promiuwy note snd of this Mort~aye, then this Mortgage and the Estate hereby veated shall ceaa~ snd be iwll and void.
~ IT IS UNDERSTOOD tFwt the word "Mwtyagw" whether in the singutar w pl~nsl ~nywhert in this Matyape, shall be tinyular if on~ only and ~
~ ihall be plural 'pintly and swaally if more th~n one, snd that the word "their" ~s used s~ywhere in this Mortys~ shall be taken to mean •'his,•• "h~rs;
• ~
or "in;' wherever the context w implies or admits_ Also, that wherever there is • referetKe in the coven+nb ~ed preemenfs herein oontainad to ~ny of
~ the parties hereto, the s~me shsll be construed to mean ~s weli ss ti~e F~ein, kyal r~pesentstives, waesson and auigro (either vol~mary by ~cf of tM #
parties a involv~tary by operation of the law) of the same and thst the covenants herein contained sh+ll bi~d ~nd ihe banafin and .dvanrsp.s inw• ;
ro the respective he'vs, leyal represent~tives, iuccesson and au°gns of tke p+hies hereto.
~ And s+id Mwty+gon, fw themselves and their heirs, legal represcnfstiva, successors and sssisro. Fiereby joinNy ~nd ~evaally covensM snd pree i
to ~r+d with ttw ssid MORTGAGEE, its s~rccessws and suigm: ;
~ 1. To psy ~II and singvl~r the p~incipsl and interes/ snd the variovs and wndry wms of monsy paY~bb by virtve of said promisaory nof~, and this i
~ mo~t9~e• each and tvery, promptly on the days retpettively the same severslly become dve. ~
2. To psy all and sinpvlar the ta:es, assesune~n, ievies, liabilities, oblgatans and a+c~mbra~ces of every n+ture a~d kind raw on said desuib~d ~
prqxrty, w tMt haeaher may b~ imposed, suffered, pl~ced, levied, or assessed tFmreon, or th~t hereafter m~y be levied w u~essed upon this Mortp- ,
age, w tht indebtedness secvred hereby, e~ch and ev~ry, when due ~nd payable, aaordinp to law, before they betomt dtlinquent, ~~d befw~ ~ny interest ~
attathet or any penalty is incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII SE PRON1PTlY SATISFIED AND ~ISCHARGED OF
RfCORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RKEIPI OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SNAII BE PLACEO IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any tF~ereof is not
paid, sat'sfied and discharged sa:d MORTGAGEE msy at ~ny time pay tFx s+me or any part ti~ereof without wsiviny a affectiny sny option, (ian, lq~ify p
~~qht under or by virtue of this mortgage and the full amou~t of each and every such payment shall be immediately due and payabl~ ~~+d shal~ bear intaeit
~ ~rom the date thereof until psid at rate of nine per centum per annum and together with such i~te~est shall be secwed by the litn of th:t rtaryta~. ~
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