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THIS INDENTURE. Mad~ the 31St day of -I~n .srv A.D. 19
'73
- between
~ Robert M. Cox and Griselda S. Cox
of St . Lucie Cp~~ty Florid+, here~nafter dcsignated as the "MORTGAGOR; ~ and FIRST fEDERAI $AVI~vGS AND IOAN
ASSOCIATION OF fORT PIERCE, a co~porat~on orpanizcd and cxisting under tM laws ot ths Un~ted Stat~s of America aod havirq ih pri~cipal place of
bu~intu in tiN Ciy of Fwt Pi~ce, St. luci~ County, Flaida, hereinaiter desiynsted a~ tFa "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE in tt~e sum of = 31,600.~ ~ 9~ ~awful money ot the Un:~ed
Srates advanced by the MORTCaAGEE unto the MORTGAGOR, as evidenced by a certa~n prom~sswy note of even date herewith, of wh~ch ths following in
words and fgures is a ~r~e copy, to-wit:
s 31.600.00 ~ 1001936~
Fort Pierce, Fto.~d,, January 31 _19 7~
For value received, 1, we w either of us, promiu to pay, without defalcat~on, to the order of FIRST FEOERAI SAVIVGS AND LOAN ASSO~IATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of f 31, 600. ~ _ Y,,;th interest from date at the rate of 7• 7~o pe~ annum, in monthly install-
~,~ents as foliows: S 260•~ on the lOLh day of ~=Ch . 19 73 snd a like sum on the cwrespond~ng day of each month there-
afrer until the whole be ful~y paid_
Each installment first shal! be applied in paymenf of the interest and then on the unpaid balance of the p~incipsl aum. If default is made in the
paYment of any installment when due, and such .~efault coNinues 30 days, then at the optio~ of the hotder, and without any other notice, atl the remaining
~r~srallments shall be due and payable at once. P~ivilege is given to prepay this note in whole w in part at any time without penalty. Neither forebearante,
nor acceptance by the holder thereof after any default in any payments hereon, shafl be deemed extension. A late payment charge of S 1'3 •~shall ba
added to each installment remain+ng u~paid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after
each succerdi~g payment date.
Each maker, surety and endwser hertof, jointly and severally, waives demand, presentment protest and notice oF protest for ~onpayment, and furlher
agrees to any extension of eime of paymenl, either before or after maturity, without not~ce to any of us; and to pay all cosfs of collection, including a
reasonable attorney's fee in the event of any defautt hereunder, and hereby seve~ally waives all benefit of homestead and exemptiun vnder the constitutan -
a"d laws of each State of the United States, as against this obligation w any extension or renewal hereof.
Witness the hand and seat of each party.
s/ Robert M. Cox ~Ai~
ts~?u
cs~?u
s Griselda S. Cox ~~p
( S d7 _ dn ) State Revenue
NOW, THEREFORE, the MORTGAGOR fa the purpox of secvring payment of said sum of : 31,600.~ and the perfwmance of Ihe
covenants and agrecme~ts hereinafter expreued, and fw dive~s good and valuable conaiderations, by these p?esents, does gront, baryain, sell, ~emise,
release, convey and confirm unto the MORTGAGEE, its s~ccessors and assigns, sll that certain lot, piece w parcel of land, situate, lying, end being in the
County of - St . Lueie , and Stste of Fbrids, described ~s follows:
PARCBL nAn
The South 2 acres of the W~ of the NW~ of the SB~ ot the S6~ of Section 19,
To~mship 35 South, Range 40 Bast, less and excepting the South 60 feet theYeof,
ALSO excepting Beginning at the Southwest corner of said South 2 acres run
North 60 feet tor the point of beginning; Thence continue North 132 feet,
Thence 6ast 55 feet to a point ~2.6 feet South of North line of South 2
acres, thence Southerly 135.6 feet, thence West 57 feet to the point of
beginning.
~ PARCBL "B"
~ Beginning at the Northeast corner of the SW~ of the SE~ of Section 19,
~ Township 35 South, Range 40 Bast, run thence West 35 feet, thence South
` 295 feet, West 75 feet, thence South 100 feet to the point of beginning;
~ th~ce continue South 72 feet, thence Bast 110 feet to the M'est line of
said South 2 acres, ther~ce North 72.4 feet, thence West 110 feet to the
! point of beginning ~
~
~
,
~ : N STA E~rt Ft_O R I D A. ~ Q(~~~ ~ N PAYMEP(~ p~ T
~ DOCUMEPtTARY~4-~ ~TAM P 1 A~~ P
U
R
S~ y i T
O ~C INTANGIB L E F F~~;~~ P~,E~
; ~ DfPT.OF RE~EpUE~ t ~ HAVTER 71-134, ACTS OF 1971, •
~ = P.. = .L. ~;•n ; ~ 4 7 4 0 1 a~c c~Ra,?
~aou~ J` - '
~ ^ ~ _ ?i~ot f . ST. U1CIE ~p, ~ /
~
~ ~ ether with all and si ul~r tht tenements, hereditsments and a rtances there~nto bel ~ or in an ise a rtaini therero, ~nd all rents, iuvea,
PP~ 0^9~^9 YW PP~ ^9
~ proceeds and profin accr~ng and to accrue from said premises, alI of wFi~ch are i~cluded in the above and foregoing description and hsbendum.
TO HAVE AND TO HOI~ the sbove described and granted premises unto the said NIORTGAGEE, its successors ~nd assigns forevet. And tt~e satd
~ ,ti50RTGAGOR for t~e~ T F~eirs, executon, adminislrstors and a~sig~s, hereby covenants with the aaid MORTGAGEE, its successws and sstiyru,
~ rhat t~le~~-Ye lawfully seized of the said premises in fee simple; that the same are free, clear snd discharged from all liens and entum-
~
2 brances in I~w or in equity, and that ~ey M,il1 and their heirs shall warrant and defend the title to the ~am~ to the wid
~ MORTGAGEE, its successus and auigns, faever against the (awful dsims and demands of •II persons; _
PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the p~omissory r+ote hereinbefwe desciibed snd shall truly, promptly
and fully perform, diuharge, execute, compkte, comply with and abide by each snd every the stipulations, agreements, conditions and covenants of said
promissory note and of this lNortgage, then this Mo?tgsge and the Estate hereby created shall cease snd be null and void.
IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular w plural anywhere in this Mortg~ge, shall be •ingular if wro only and
shall be plur~) joi~tly and severally if more than one, and that the wad "their" ss used anywhere in this Hb?tgsge shall be taken to mean "h'n," "hen;'
or "its;' wF~erever the contcxt w impliq or acimits. Also, thae wherever there is s reference in the covenantt snd sgreement~ herein contsined to any of
the psrtics hereto, the same shall be construed to mea~ as well as the heirt, legal repraentstives, successon and assigns (either voluntary by ~q of the
- parties w involuntsry by operafion of the law) of the same and that the covenants herein contained shall bind and the benefib and advantages i~ur~
to the respective heirs, kgal representatives, sutceuws and au~gns of the parties hereto.
- And said Mortgagors, for themselves. snd their heirs, legal representatives, successors and sui9ns, hereby jointly and severally covenant and ayree
- to and with the said MORTGAGEE, its successors and assigns:
1. To pay all and singular the principal and interest and the various and sundry wms of money payable by virtue of said promissory note, and thi~
mortgage, exh and every, promptly on the days respectively the same uverally become dve.
~
2. To pay +11 snd singular the taxes, assessmenrs, levies, tiabilities, obligations and encumbrances of every nature and kind now on ssid dexribed
property, or tMt hereafter may be imposed, suffered, placed, levied, or auessed thereon, w th~t heresfte~ msy be levied a usessed upon this Mwt¢
age, or tlx indebtedneu secured hereby, tach aod every, when d~e and psyable, xcwding to law, befae they become delinquent, and before any intereil
arraches w any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGFD OF
RECORD AND THE ORIGINAI OfFIC1Al DOCUMENT ISUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAVER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAI.L BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN OAYS NfXT AFTER PAYMENT; and in the event that any thereof is nm ,
pa~d, saYsfird and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof withovt waiving w affecting sny option, lien, equily a
•~aht under or by virtut of thfs mo~tgage and the full amount of each and every svch payment shall be immediately due and payabk and shall be~r intereft
~~om the date thereof until pa~d at rate of n~ne per centvm per annum a~+d together w~th such i Je~tt~~~ set~te~by~t~J~en of th:s motytape.
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