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THIS INOENiURE, Mad+ ths 28th day pf ,"T'~~ ~ , A.C. 19 balwten
_ F'rancis B. Webster, individually and hs~uardian of the _propertv of
_ Patty C. Webster~ Incom etent
of $t • LuCi@ ~ Co~nty Flwida, hereina(ta detignated +a 1M "MORTGAGOR," ~nd FIRST FEDERAL SAVIhGS ANO IOAN
A~SpC1AT10N OF FORT PIERCE, a cwpwa?ion wy~~i:ed and ex~~~inp u~ tM laws of ths Un+ted SatN of Am~rica and Mvi~ itt principal pl~c~ of
b~+ainess (n tM City of Fon Pi~res, St. lvtie Cou~ty. Haida, h~reii+aftK dKiynated ai tl+s "MORTGAGEE:'
WHEREAS the MORTGAGOR is jvitly indebted to the MORTGAGEE i~ the sum of s 6~~~~~~ , good and lawful mon~y of the Un:ted ~
S~ates advanced by the MORTGAGEE unto 1he MORTGAGOR, as evidenced by a certa~n promiuory note ot even date herewith, of wh~ch the followin9 in ~
.vords and figures is a frus copy, tow;~: 28 628
s 6 s 000.00 ~ 3~- s
Fort Pierc~, flwida. •JLiZjr 28 __._19 72
Fw valve received. we w either of us, prom~se to pay, without defalcatio~, to the order of FIRST FEUERAI SAVIt@('sS AND tOAN ASSOCtATfOtJ OF ~
FORT PIERCE at Fwt Pierce, Florida, ~he aum of S 6L~0~~ with interest from date at the rate of 7~7y6 per snnum, in moflhly instalb ~
ments as follows: s 73~~ pn the 1St ~y of September ~ ~9 72 and s like sum on the cwrespondinp diy ol each montfi there- ~
after until the whole be fully paid.
Esch installment first shall be applied in payment of the interest and then ort the u~paid balance of the principal wm. If d ault is made in the
payment of any installment when due, and suth default continues 30 days, then at the opti~n of the holdtr, and withOUt any othe~ notite, aU the remaining
~nstallmcnts shell be due dnd payable at once. Privilego is given to prepay this nofe in whole or in pah at any time without penahy. Neithe~ torebearance,
nor acceptance by the holder thereof after any defautt in any paymcnts Frcreo~, shall be desmed extension. A late paymeM charge ef -s- ~~65 shaN bs
added to each installment remainirg unpa~d 7 days after its due date, and a like sum shall be added to each auch ins~ailme~t remaintng onpa+d 7 days +ftct
each succeedi~g paYrtunt date.
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Each maker, surety and endaur hereof, jointly and severally, waives demand, {xesentment protest and notice of protest for nonpayment, and fu?ther
agrees to any extension of time of paymeM, either before w after maturi~y, without not~ce to any of us; and to pay all costs of coltecrion, irxtud~ng a
reasonable zttwney's fee in the event of any default hereunder, and hertby uverally waives all benefit of homestead and exemption under the cautitution
a~~d laws of each State of the United Slates, as against tMs obligation w any e~tenaion w renewal hereof.
Witness the han~ arxl seal of each party.
~a`) ~
S/ Franc3.s E. Webster, indiv~}y~lly
and as guardiat~ of the proper~i
y of ~
Patty C. Webster, Incoapeten~
~ 9 ~00 ~ State Revenue
(S?~'~i~.V'~HL~~ ~1. QflDlPi~ 1~li~e) -
NOW, THEREFORE, the MORTGAGOR fw the r 6~~~ and the ~formance of ths ~
pu pose of securing payment of ss~d sum of s pe °
covenants and ~greements hereinaiter expressed, and fw divers good and valu~ble considerations, by these presents, does gr~nt, barysin, setf, rcmise,
release, convey and confirm unto the MORTGAGEE, iri successws aod suigns, all that certain bt, piece or parcei of tand, situate, lying, and bcirg in !he
County of St. Lueie and State of Fbrida. dewibed as follows:
Lot 3~ Block 1~ FLEETWOOD ACRES, as recorded in Plat Book 10~ page 78~
of tte Public R~cords of St. Lucie County, Rlorida~ /
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W,~ STATE ~F F LORlI~A r %~,~~E~`':<.,;
v F .DOCUMENTA~ STAt~fP TAX ~ ~ ~ , ~ c - ,a. . Ev"
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; rogethe~ w;th all and sirgular the tenements, hereditamenn and appurtances fhereunto belonginp or in anpwise appertaining there% ~nd ~II r~nn, issws,
Prxeeds snd profits sccruing snd to acuue from said premises, all of which are irKluded in the above snd forepoirg descript'wn and habe~dum.
` TO HAVE AN4 T~ HOLD tFro sbove desvibed and gnnted premises unto the said MORTGAGEE, ib auaesaws and assipm forever. And th~ ssid
~ MORTGA R fq h1S fxirs, exetutors, administrators and auigrq, F~ereby covenants witl~ the ssid MORTGAGEE, ita suttesson ~nd ~ssipro,
~har Q 15-- tawfutty seized of t1~e sald prem;sn in fee simple; that the s~me a~e free, clear and dixMrged from dl liens and ancvm~
! brances in fsw or in equiry, and that he w;ll and hiS hein shall wurant snd defend tM titk to tiw same ro tFw sak!
~ MORTGAGEE, its successas srd suigns, forever sgainst fhe lawfvl claims and demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shalt pay ~nto the AhORTGAGEE tMe promissqy notc hereinbefor~ desvibed a~d shaH trvly, promp?ly
' and f~lly perform, d~uh~rge, execute, tomplste, comply w;th and abide by each and every the st~pulations, apreemenb, tonditions and covens~n of said
i promissory note ~nd of this Matgage, then this Mortgaye and the Estste hereby uested sMtl cease snd be ~?II snd void. ~
~ IT IS UNDERSTOOD tMt the wwd "Mwtg~gw" whether in the iir?gular a ptursl anywhere in thi~ Morty~ye, shall be sirgulu if one only snd ~
'i shall be plural jointly and stverdly if more than one, ~nd that the wo~d "ehei~" as used anywfiere in this Mort9ape sh~ll be taken ro mean "hb;' "hen," ~
; or "its;' wF~erever the tonte:t so implies or admits. Also, th~t wherever there is a reference in the covenanN and ~yreemenb herein tonbined ro any o1
ihe panies hereto, the ume shsll be constrved to me~n as well n the heirs, leysl r~presentatives, wccesson a~d assipra (either voluntary by act of the
! parties or i~voluntary by operation of the Iaw) of the same and that the covenants herei~ contained sF?all bind aed tF?e benefib and advantsyes irwre
~ ro tl?e respedive heas, kgsl representatives, successors and su~gns of the panies hereto.
Md said Mwtgagors, fw themxlves and their heirs, legal represent~tives, successors ~nd ~:signf, hereby jointly snd sevdally covena~t and ay~ee
i ±o and with the s~id MORTGAGfE, ir: successors and iuipns:
~
! 1. To pay t!! and sinyular the printipsl snd iMerest snd the wriovs snd sNndry sums of money paYable b virtut of said `
Y promissory note, and this #
~ mortgape, esth and every, promptly on the days respectively the sune sever~lly become due. {
E 2. To pay all and singular the uxes, auesunenh, levies, liabilit~es, obliyatioea and encumbrances of every naturs a~d kind ~ow on said dexribed ~
' property, or tha/ herosfter m~y be ;mpwed, wffned, placed, levied, w ~uessed thereon, or that hereafter may b~ lev'~ed w asessed upon thq Mort~- ~
; age, w the indebtedness secured hsreby each and evcry, when due aod payable, aawd7ny to law, befor~ they become delinqucnt, and befon a~y interest
~ attaches or sny penalty is i~c~rred; AND tNSpfAR AS ANY THEREOF IS Of RfC~RD THE SAME SHAII BE PROIWPTLY SATISFIED AND DISCHARGED OF 1
~ RECORO AND THE ORIGIRIAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED j
; OR CERIIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the eve~+t tMat any thereof is not
paid, sat'a(ied and discherged sa:d MORTGAGEE may st a~y J;me pay the same w sny pan thereof withoW wsiving a sffectiny ~ny optan, lien, tquity d
•~Aht under or by virtue of this mortyage and the full amount of each and every iuch payment ahall be immediately due and psyabk and thsll besr interest
~•om the date thereof until paid at rate of nine per centum per ann~m and~o~r svch inG •t hall be secured by the lien of th:s moryt~e.
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