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THIS iNDENTURE. M+d~ th~ 9th ~Y ~ M~rch ~_a, ~q 'r3 ~t,~~
ClaLde C, Dayj~ sn ~i~~ian M n vi~,~; s sifq-
o~ SL . LUC ~@ C~~ Flcv:tla, i+er~inah~r desgnated ~s ~i~e °MORTGAGOR; ' and FIRN fEDERAI SAVI.ypS AND LOAN
ASSOCIATION OF fORi P:'_RCE. • cwpaatio~ orpaniud a~d ax~sri~+p unda~ tM laws ol tM United Sta~as of Am~ri:a a~d h~vinp itt pri~cipal pl~ce of
buuness in th~ City of Fwt Pi~ru. St. luci~ County, Flnrid~, her~inaftq desgnated ai fM "MORTGAGEE: •
WHEAEAS 1h~ MORTGAGOR is jwt:y i~bt~d b tht MpRTGAGEE i~ the sum of S ~i.~-r~ good and lawfvl monay o/ 1he Un;ted
Srares advanced by the MORIGAGEE ua~o ths MORTv:.;,.;.w, e. e.:~....:..~ ::_r!nin promiuory note of even ds~e hc.ewith, of wh~ch ~ne foilowin9 in
wads a~d f;g~:~s is a trw copY. ~o-wit:
~20,000.00 _ H, 10o1952a
F«, r~~.~.. aa~d.. March 9 19_..~3
Fa value received, 1, we w eitFkr of us, p~om~se to psy, wirhou~ defalcar~on, ro the order of FIRST ifDFRAI SAVINGS AND ?-UAN ASSOCIAt10N C1F
FORi PIEIKE af Faf Pierce, Fb~ida, the sum of S- 201~0~ w~th ~nterest (rom date at the rate of 7• 5 96 per annurt~, in monthly :ntr:lb
menrs a~ fettows: i 1~'2 on ~he~~. day of Ju~ , 191.~ end a like sum on fhe cwrespond~ry day of each month fhere.
after until the whole b~ fully p~id.
Each installmen~ f~rsl shall be appGed in payment of the interesf and fheo on the unpaid balance of fhe {uinc:pal sum. If drfauh is made ;n fh~
paymenf of any installment whe~ dve, and svch drfault coruinues 3p days then st the optan of the holdcr, and wi:hout any otner notice, ~!1 the remaininQ
~nstallments shall bc due and payabie at w~ce, Privilege is givcn to prepay this ~ote in whole w in p~rf at any time withovt pen~lty. Ne~the* iorebearar?c~~
nor acceptance by fhe botder the~eof after any default in iny payn~ents hereon, shall be deem~,d extension_ A late payment charge of ~8
•~Q
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added to exh instai~ment remai~ing unpa~d 7 days a~rtr it~ due date, and e l;ke sum shall be addcd to each such installmeM remaininq unpaid 7 days ~har
each succeed;ng psymem date.
Each makM, sureq and endorsM Fareof, jointly and severalty, wa~ve~ dem~nd, presentment protest and not:ce of protest fw nonpayment, and fuMher
agrees to any exfension of time af ~yrtkN, aither before o~ a(ter maturity, w+thout noticc to any of us; arxi to pay all costs of collection, irxlud~ng a
reasonabk attorneyi fee in the event of any defau~t hereuader, a~d hereby seve.atty waives all benefit of hu.~~~.tcad and eaemption unde~ the constituta~
a~~d laws of each Stare nf the United States, as against this oblgation p any e,cte~sion or r~newai hereof.
Witness t1?e hand and seal of esch party.
s/ Claude C. D~vis ~
cs~?t)
s Lillian Davis ~,q
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( 'S~ • ~ Sta?e Revenw
(Srsn~ps-o~nceM~«+-a~iwal ~ate)
NOW, THEREfORE, tF?s MORTGAGOR fw the purpose of secvring paymem of uid wm of s ~ s V~ , and the perfarmance of ths
covenants and ~greements hereina/ter expreued, u!d for d:vers good and valuable conside~at~w~s, by lhese presents, doea gr~nt, bar~sin, seN, remise,
release, tonvey and coof'am unto the MORIGAGFf, its succeuors ind auigns, a11 that ccrtain bt, piece q parcel of I~nd, situsts, lying, ~nd being in tha
Covnly of - St . Lucie Sute of Fiorida, dewibed as tallows:
L.ot 39 and the North 1/Z of Lot 40, ORANGS GROVB PpRK,
as per plat thereof on fi,~e in Plat Book S, Page 46,
of the Pt~blic Recards of St. Lucie County, Florida
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~.,.QRI~~ ~ ~ IN PA1r'~~~ pF TAXE~
N fl4 M AR,_
r.-- ,~M~ ~ 'C IMTANGIBLE PE;SO~.~~ pa0PER1r
°c ~ r` OEPT. ~ 1tEr£1i11~7~~~ t ~~r TO CNAPTfR 71-13l. A~CTS OF 19)1, ~
z 3 0 0 ~ ~~T~.~ rn~
o F~, tiYl~ • ~ CLFN( CIRqlR OOURT, ST. UlC1E pp
~ ~u02 ~ , ftA
together w~th all and singular the tenements, hereditamenri snd sppurtances thereunto belonging a in anywise ~pperfaining fl~erefo, and aH renls, isu•d,
' proceeds and profib xc~ving snd to acuue from ssid premises, alI of which sre inclvded in the sbove ~nd fwegoing description and h~lxndum.
i
! TO HAYE AND TO HGCD the ~bove desuibed and granted premises umo the ssid /NORTGAGEE, its s~xcesson and assiy.is forewr, And th~ s~id
i MORTGA~
R for thell he;n, executors, sdministrators and suigns, hereby covenann with the s~id MORTGAGEE, its successors ar.d a;igiu,
that "--Qy are- lawfully u~zed of tM said prem~ses in fee simple; thst the ~ame ~re free, cksr snd dixharged from ~II I'iens u~d encum-
bra~ces in law a in equity, and •hst thQ'Y wi11 and tbeir hein shsll wurant and defend the titk sa the same to the ssid
MORTGAGEE, its succeuws snd assgns, forever againsr the lawful claims and derrwnds of all pe.sons;
PROVIDED, atwArs that if the MORTGAGOR shsU pay vnto tFx MORTGAGEE the promisswy note hereinbefwe dewibed and shsll truly, promptly
and fully perform, d~scharge, execute, compkte, comply with ~nd sbide by each and every the stipulations, sgreemenb, cond;tions and covensnts of said
promissory note and of this Mortgsge, then this IYtwtgage and the Estate hereby created shall ce~se and be rw11 snd void.
tT IS UNDERSTOOD that the wwd "hbrtgagor" whether in t1~e singv!ar w plural anywhere in this Mortgaye, shall be si~gular if one only ~nd
shsll be plural joE~tly ~nd sevenlly if more than one, and that the word "their" ss used snywhere in this Mon9sge shall be tafcen to mea~ "hit:• •'hen••
or "its;' wherever the conte:t so implies w adm~fs_ Also, that wherever fhere is s rc(erence in the covenants and agreementa he~sin contsined to iny of
the panies hereto, the sarne shait be cautrued to mes~ as well u the heirs, kgal represent~tivq, wocesson and ~ugro (either voluntsry by aq of the
pari~es w involuntary by operation of the law) of the same and that the cwena~b herein contained ihsll bind and tM lxnefin and ~dvsntages inure
ro the respedive heKS. Yegal representatives, succeuors and ass~gns of fhe p~n;es hereto.
Md said Mortgagors, fa tlxmxlves and their hein, legal representatird, successors and suigra, hereby jointly snd severally coven~~t ~od sgree
ro and with the said MORTGAGEE, its wccessors and auigns:
1. To pay all and singvlu the principsl snd interest snd the various and sundry sums of money payable by virtve of ssid promiisory note, and this
mwfgage, each and every, prornprty on rhs days respe~ctivrly ti~e sa?ne sever~lly become due.
2. 7o pay atl and ierigvlar tbe t~sd. assexunenri, levies, li~bilities, obligatioro snd encumbrances of every nature snd kind now on said described
property, ar that hrreafier msY be imposed, svffc~ed, plxed, levied. or auessed thereon, a tlut heresfter msy be kvied a ~stessed upon this Matg~
age, p the indebeedneu secured hereby, exh and every, when due and payable, xcordi~g to law, before tl~ey becwne delinquent, aod before any interpt
attaches ar am penslty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII BE PROMPTIY SATISFIEO ANb DISCHARGE~ Of
RECORD APlD ?HE ORIGItrAL OFfIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEiPT OR THE SA?iSFACt10N PAPER OffIClAILY ENDORSfD
OR CERIIFlfO) SMALL BE PIACED IN THE HANDS Of SAID MORTGAGEE WiTHIN TEN OAYS NEXT AFTER PAYMIENT; snd in the eve~t that any tF~ereof is not
paid, saYsfied and dixtiarged sa'd I~IORTGAGEE may at any t~me pay the same or any psrt thereof witho~t wsi.irg o~ affecting sny oprion, Iien, eq~ity or
•~qht under or by virtue of this mortgsge and the full amovnt of each and every such payment shal! be immediately dve snd payable a~d shall bea~ interes~
~•om rhe date ~hereof unt~l pa~d i~ rate of n~ne pe~ ceMOm per aneum and toge?hcr w~th wch tnte?est shall ~c ur b the lien oi th's morgtape.
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