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THIS INOENTURE, IN~cl~ th~ 20tn day pf /?,p, ~q
73
. . ,
Jaaes Weyeater Shalfer and Laura L. Sh~Ze , K s wite
of -$t. Lucie , Cov~ty Fbn'da, hN~i~afta d*sipn~red ~s tM "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, • cwpo.atian wqanis~d u~d ~xwtinp undsr tM laws of tiw United Stat~s of Am~riu u~d haWnp Hs pA~Cipal Pl~u of
bu~k~s h tM City of foA Pi~rq. Sf. luc{~ Cou~ty. Fiaid+, Mr~inakn d~sipn~td ss tM "MORTGAGEE." ~
WHEREAS tM MORTGAGOR is ~ptly indtbt~d to tM MORTGAGEE ln th~ sum of ~ 18+7~•~ - pood and~l~wful naney of tM Un~1ed
Ststa advanced by the MORTGAGEE ~nto the MpRTGAGOR, ~s ~videnced by ~ c~rtain promiuory note of even dafe hertwith, of which tM foi!owinp M
~ worda and fipvr~s is • trw copY, to-wit:
= 18.700.00 ~ 10019581
~ Fwt Plerc~. Fbr'id~, l~8ZC21 Z0~ 19 7~
~
~ Fot valus r~ceived, I, we w e~1Mr of us, promise ro without defalcation, fo the order of FIRST FEOERAL SAVINGS ANO LOAN ASSOCIATION OF
18,1~~0.00 7 7r~"
fORT PIERCE at Fort Pieru, Fb?ida, ths }um of ~ with i~terest irom date at th~ rate of •~9f, per annwn, in monihly irotall-
~ menb as FoiloMn: ~ 1~ on the lOth day of ~y 1~3 a~d a like sum oo the corrospondinp d+y of each month tl+err
afta until the whole be fuliy p~id.
\ Eath insqitnwnt first shall be applied in payment of ths i~terest ar~d tF~en ort the unpaid bal~ncs of the principal sum. if default is made in tM
~ payment of any insta~iment when due, a~d wch defauit cominues 30 days, the~ at the optwn of the holder, snd without any other notice, all the remsinirp
\ insuilments ihali be due and payable at once. Privileg~ is givea to prepaY this note in whole or in part at aoy time without psnalty. Neithsr fwebearance,
~ nw acceptance by the holder thsreof after ~ny defavh in any p~ymenn hereon, shall be deemed e~etertsion. A late payr»ent charge of s--~a~Q, shall b~
` added to each installmeM remaining unpaid ~ days sftet its due date, ~~d a like ~um shall be added to each such installment rsmaining unpaid 7 days after
r~ each succeeding payment date. -
~ Each maker, surety and e~dorser hereof, joinNy and severaHy, waives demand, presentmeot protest and rafice of prote~t iw nonpayment, and fuAher
~ agrees ro any extsnsion of time of payment, either before w after mstu~ity, without notice to any of us; and to psy all costs of collcction, lncludirq a
reasonable attorney's fee in the event of any defauit harevnder, and hereby sevcrally waives all bcnefit of homestead and exemption under the constitution
and laws of each State of the United States, as against thi~ oblyafion p iny extension or ~enewal hereof. ~
~ Witneu ehe hand and seal of each party-
s aaes Webester Sha er ~U
~ (SE/?U
~ s Lanra L: Shaffer ~
~ ( ~28•~5 ) Staro Revenve ~U
: ;St+mps~uxMll~d. or~orioioal ~M~ - _
F.'OW, THEREFORE, the MORTGAGOR fw ths r 18 7~~~
pu pose of securing payment of said wm of t ~ ~~d.th~ performa~xe of the
coven~nb snd ~y~eements hereinafter expressed, and For divers good and valwblt conaederatioos, by tbese presents, does grant, bary~in, sell, rom;se,
release, convey arrd confirm ~rto the MORTGACEE, ib sucteuws and auigns, all that cer.ain lot, pieu or partel of lu+d, sitvate, lyinp, and beirg in tF?e
~~~ry ~ $t. Lueie Stste of fbrida, deuribed as follows:
Lots 29 and 30, Block 6, ?UCI~R TERRACB SUBDIVISICN, as per plat thereof on file
in Plat Book 4, page 54, public. r¢cords of St. Lucie County, Rlorida,
. . ~ 0~ t1~•~.
. Q~'n1'`~ ~
~ A a~ ~.oR~o~a~ 3 ~~,s~,y,~.
~ II0~1ARY • aSTAMP tA X~ e~
o~t.a~-~?~ ~ ~ ~ ~~~~~~~~'~ts~~ cA` ~
~ : = ~ ~ ~ ~ Z 8. 0 5 ~ ~o S~~/,,~
° ~,i~re`i ~ ~ ~
~ c~c~-/"
!^gerher w;th alt sod singular the tenements, hereditsmenh and sppurtsnces thereumo belagirg or in ~nywise appertaining fherefo, ~nd a0 r~nn, issues,
pr«eeds snd profin accruing and to acvue from ssid premises, all of wFiKh aro irxlvded in the above and foreyarg descripYwn and habend~m.
TQ HAVE AND TO HOID tM above described snd 9r~nted premises ~nto the said N1pRTGAGEE, i» suaesson ~nd auigns forewr. Md tlr s~id
their
MORTGA R fw hein, e:ecuton, admioistrators and suigrn, hereby toven~nri with tM said MORTGAGEE, it~ svcceswn and assipro,
rhat ey a re ~awfull xized of the said
y prem~ses in fee simple; that tl~e ssms sre free, ciear ~nd d'acharped from a!1 lk~s and a~nx~r
broeces in law a in eqvity, and thaf thev will snd their bein slull warrant and defend the titk ro the sims to the said
MORTGAGEE, its successors and auigns, fwever sgainst the lawful claims snd demands of ~II penons;
PROVIDED, ALWAYS thst if the lNORTGAGOR shall p~y unro the N~ORTGAGEE the promissory rate hereinbefore destribed and sh~ll trufy, pranptly
and fully pcrfwm, diuMrpe. execvte, compkte, comply with and abide by eath and every the ttipulations, sg~eernenq: conditioru and covenanb of asid
promiuo~y ~ots and of tha Mortgsge, then fhis Mwtgsge and the Estate hereby ueated shall cease ~nd bs nu11 ud void,
IT IS UNDERSTOOD thst tFie word "Mortysgor" whether in the singular a pl~sal anywhere in this Mwtyage, shsll be sirgular if ons only ~nd
shall be plur~l joi~tly and severally if more tMn one, and that the wwd "their" as used anywhere in tha Mongage ahatl be taken to en~an "his;' "hers,"
or °irs;' wherever the context so implies a admits. Also, that wherever there a• refere~oe ~n rhe covenann ~nd egraemenn hs.e~n oomain.d ~o .ny of
ihe parties hereto, the sam~ shall bs oonstrued to mesn ss well ss the hein, leyal representative~, suaeswn a~d ~uiy~s (either volum~ry by act of the
parties a imrolu~tary by operation of the bw) of the same u~d that the covena~» he~ein contair+ed shall bind and 1t~e benefih and adv~ntaDa inur~
to the respective hein, kyd representatires, wccesiors and au~gns of the putisa hereto.
And said Mwtysgo~s, fw themselves ~nd their he'us, leyal representstives, s~ccesson ~nd ~ssigro. hereby jointly and sevaally covenant a~d apree
~o snd with the said MOATGAGEE, its successors and sugns:
1. To psy dl ~nd sirgvlx tht principat ~nd interest ~nd the various and ~ur~dry awea of money paY~bk by virtue of s~id promiuwy note. ~nd this
mortyeys, each ~r~d every, promptly on the dayi respectively the ssme sewrally becorrK dw.
2. To pay all ~~d singvla the t~xp. ~uessmenb, levies. liabilit~es, obliyations snd entvmbrances of every nshrre ard kind now on ssid desuib~d
p?operty, a that hereaftN rrwy be ;mpo~ed, s~fferd, placed, tevied, or sssessed thereon, or that hereafrer may be tevied a auased upon thb
age, w tl~ indebttdness ~ecured hereby, each and every. when due ~nd psy~bte, accordiny to bw, befae they beconu delirp~ent, and befwe ~ny im~
anaches or any pen~lty is inc~rred; AN~ INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SHAII 6E PROMPTLY SIli15fIED ANO OISCHARGEO OF
RfCORD AND THE ORIGINAL OfFIt1AL DOCUMEMT (SUCH AS, FOA tNSiANCE, ?ME TAX RECEIPT OR TNE SATISfACTION PMER OffIC1A~lY ENOORSE~
OR CERTIFIE~) SHALL dE PLACED IN THE HANDS OF SAID MORtGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the went tMt sny N~ereof is not
paid, iat'sfied and discMr9ed sa:d MORTCaAGEE may at any time pay the ssme w any p~rt thereof withovt waiviny or ~ffectirp any optipn, lien, eq~itp p
•iqbt und~r a by virt~e of this mort9sye and the fvll amount of eath ar+d every such payment ihall be immediately dve a~d payabk ~nd sMll beu interqt
~rom the date tl~ereof until paid at r~te of n~ne per centum per ~nnum and toyether with tuch interest ~ILb~ r by N+t lisn of th't morqfpe.
BJ~,~! _F~Gf 3~~
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