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THIS INDENTURE, AA~d~ the l~th day of January Ap 1973~ ~~W~ '
Melvin E. Shaffnez and Mgelina? Shaffner, ~hfs Nife
of - $t. 1.UC~Q Covnry Florid~, hsreinaftsr designated as the "MORTGAGOR:' and fIRST fEOERAt SAVINGS AND LOAN
A$$pCiAT10N Of FORT PIERCE, ~ corporation oryanized u+d existirp undar the laws of ths Un~fed Staqs of Americ~ •nd havinp iri principal pl~ce of
busineu in iM City of fort PiKC~, St. lucie Cou~ry, florids, hereinaiter d~slqnated as tM "MORTGACaEE:'
~ WHEREAS tM MpitTGAGOR is justly iodabled to tM MORTGAGEE in the sum of = 15~~0 ~ good and lawful money of the Un;ted '
States advanced by the MORTGAGEE unto tl~q (MIOQiGAGOR, as evidenced by a tatain promiuoiy note of even date herew~th, of wh~ch the foilowing in
words ~nd fiyures is • true copY. to-wit: , . ~ 10019296
:15 ,000 •00
fo?t Pierc~, Florids. J~ua~j 27. 19~_
Fw value received, t, we w either oi us, promise fo pay, without defalcation, to the order of FIRST FEOERAL SAVINGS AND IOAM1I ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, the sum of s 15 ~ w~th interest from date ar the rate of 7•5 °,Y, pe? ann~m, in monthly install-
~ ~nents aa follows: f121.~ on Ihe l~th~day of May , 19_73 and a like sum on the corre~pond~ng day of each month there-
after unti) the whole be tully paid.
~ Each installment first shat! be applied i~ payment of ths interest and tt~en on the unpaid balance of the princtpal sum. If detault is made in the
payment of any insta{Iment when due, a~d such defautt continues 30 days, then at rhe option of the holdea, a»d without ~ny othcr notice, all thc remainirg
;r,sfallments sha~l be due and payable at once. Privilege is given to prepay this note in whola or in part at sny time without pen~lty. NeitF~ forebearance,
• nor atctptance by tfie holder thereof after any defavlt in a~y paymenta hereon, shall be deemed extension. A late payment charge of S~. shall be
added to each instaltment remaining u~pa;d 7 days after ib due date, and a like sum shaU be added to each such instailment ramaining ~npaid 7 days after
\ each iucceeding paymem date.
J Each maker, surery and endwse? hercof, joinfly and seve~~fly, waives demand, p?exntment protest and notice of protest for nonpayment, and further
agrees to any extension of t~me of payment, either before w after maturity, without nolice to any of us; and to pay all costs of coNeclion, includ;ng s
reasa~able attorney's fee in the event of any default I~areunder, and hereby sevcrelly waives all benefit of homestead and exemptioo under the constitutia?
and laws of each State of the United States, as againsf this obligation or any extension or renewal hereof.
Witnest the hand a~d ual of each party_
(SEAL)
s/Melvin B. Shaffner
cs~?u
~c s/Ang¢lina Shaffner ~
i ~722.5~ ) State Revenue
c~at~ps ~e~uatr,~a-~ ~art~t~3r~t~T -
NOW, THEREFORf, the MORiGAGOR for the purpose of secvring payment of said sum of i 15 and the performance of the
covenants and agreements hereinafter expressed, and fw divera good and valusble considerat~ona, by these prese~ts, does grant, bargai~, :ell, remise,
~elease, convey and confirm unfo the M02TGAGEE, iri successors and sssigns, atl that certain bt~ piece or parcel of land, siruate, lying, end being in the
County of St. Lueie , and Srate of Florida, dewibed a~ fd~ows:
Lot 14, Block 2, SOUT1i~iRN VIEW SUBDIVISION, according to the Plat thereof as
recorded in Plat Book 9 at page 45, of the Public Records of St. Lucie County,
Florida.
" STA oF FLORIDA~
n'- DOCUMENTARY TAMP T A X ~ ~N P~~~ OF Tlil~
o= ~ss DUE ON ClASS 'C lMTANG18tE PE4SON+! PRO,'fR
~ DEPT.Of REYENtlf ' hi
.n _ ~ ~'k PURSUJIHT TO CHAPTER 71-134. A~i~ QF iili. ~
"o _ - ,:..Xcs'~3 ~ ~ Z. 5 0 ~ ROGER P01'+~^. ~71/c
F, ° - P.B. ` _ •
~~~~o: .r ~ c~aa ciRCUrr cou~r, sr. ~,~~:ti rn. <<~
0
together with all and singular fhe tenements, hereditartxnts and appurtances thereuMO belonging w in anywise ~ppertiining therefo, ~nd all remt, isiues,
proceeds snd profiu accru~ng and to acvue from said premises, ell of which are inctuded in ths above and fo~eQarg descript;on and habendum.
TO HAVE AND TO HOID the above desvibed and granted premiies unto the said MORTGAGEE, in successors and ~uiy~ forever. Md tM aid
hSORiGAGOR for ~Qir - hei~s, rxecutors, administrators and assig~s, hereby covenanh with the s~id MORTGAGEE, its successon ~nd as~ipro,
rhat ------Y----
the dYQ ~awfully uized of the uid prem~scs in fee simple; thst the same a~e free, cle~r and dixMrged from all lien~ and ancum-
brances in Iaw or in equiry, a~d that they will and their heirs shall warrant and defend the title to the ssms to tht said
MORTGAGEE, its successors and augns, forever sgsinst the lawful claims snd demands of sll perso~s;
PROVIDED, ALWAYS that if the MOltTGAGOR sFwll pay unto the MORTGAGEE tf~e promistory nofe hsreinbefwe dewibed and shal! truly, promptly
and futly pe~form, dixhsrge, execute, compkte, comply with and abide by e~ch and every the stipulationi, agreemenri, ca?ditions and covenanb of said
promissory note and of this Mortgage, ~hen this Mortgage a~d the Estate hereby aested shall ce+se and be n~l( snd wid.
IT IS UNDERSTOOD thst the word "Mortgagor" whether in ti~e s~ngvlar a plwsl a~ywhere in this Mortgage, ihall be singvlar if one only ~nd
' shaN be plural jointly aod ieve~ally if more than one, and that ti?e wwd "the'a" as v~ed anywhere in this Mortfla9e sMll be taken to mean "his:• ,•hen;'
or "its;' wherevcr the conte:t w implies w admits. Also, that wherever there ii s refetente in the covenants and agreemenri herein oontsined to a~y of
the parties hereto, the s~me shall be constrved to mean as well ~s the heirs, kgal rtpresentatives, svtcessors and usigns (either voluntary by att of tFrc
parties o~ involuntsry by operation of the law) of t1~e same ar~d that the covenants herein contained shsll bind and the benefib and advantaqes irwra
to the rapective heirs, kgal representafives, successors and ass~gns of the p~rties f+c?eto.
And said JNortgsgors, for themselves and their heirs, tegal represen~atives, succeuors and suigns, hereby jointly and severally covenant and agree
fo and with the said MORTGAGEE, iri successors and assigns:
1. 1o pay all and singvlar tF?e p~incipal u?d ime?est ~nd the various and sundry sums of money payable by virtue of s~id promiswry nofe, and this ;
mo~tgsge, esch and every, promptly on the days respectively the ssme severally ixcome due.
2. To pay ~11 snd ~inpular the taxes, auesunents, ievies, liebitities, obligstions and encvmbrancd of every nstwe and kind now on ssid described
properry, or that hereafter may be imposed, wffered, placed, levied, a astessed thereon, or that hereafter may be levied a assessed upon thy MortQ-
age, w the indebted~ess secured hereby, esch snd every, wlxn dve and paysble, xcording to law, before they become detinqucnt, and befwe nryr interest
attaches w any ptnalty is incurred; ANO INSOFAR AS ANY IHEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISFIED ANp DISCHARGEO OF
RECORD AND THE O~2IGINAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT pR THE SATISFACTION PAPER OFfICIAIIY ENDORSEQ
OR CERTIf1ED) SHAIt BE PIACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NfX7 AFTfR PAYMENT; and in the event thaf any thereof is not
Gaid, sat'sfied and distharoed sa'd MORTGAGEE msy at any time pay the same w any part thereof without waiving or ~ffectirg any option, lien, equity or
•~qht u~der w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and pay~bk and fhsH bea? interest
~~om the da~e thereof v~ril pa~d ar rate of n~ae per cenrum xr an~um and together~r~ mterest shall be secured by the lien of th'~ mwgtaye.
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