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iHIS IN~ENTURE. Ma~ th~ 23rd daY of - ~~Ch A.C. 19~~ b~rwNn
- L~+rence w Ri in~~ a sinflle adu2t
of St. 1.11C~@ ~ Cqm~y Florid~. Mrfirw(rK daiynat~d a~ /M "MORTGAGOR;' ~nd S'i F~DEftl~l SAVINQi'A IOAN
ASSOCIATION OF fORT PIERCE, a corporalion ap+niz~d ~nd ~xistinp vndM tM laws of tM Uoit~d S~aas of Am~rk~ u+d h~vinp ita princip~l ~c~ of
busi~ in tM Uty of Fat PiKa. St. lud~ Counry~ FIOfW~.. Ml~1fN;fiH dMipMitd ~i fM "'MORTGIIGEE." .
WHEREl15 tM MORTGAGOR N jwtly ind~bt~d to tM NWRTGAGEE in tlw sum of i 1 S, Z~O. ~O ~ y~ ~~r„ful many of tl+~ United
Stata advanc~d by tM /NORTGAGEE unto tM MORTGAGOR, as evidenced by ~ cauin promissory note of even da~e Mrwvith, of which th~ toilowinp in
wwdt and fipuns is • 1rw topY. towit: ~
~ 15~200.00 10019623
Fo?t Pie+a. Flalda, ~rch 23 19~~
For valw ~eceived, 1, we w either of u~, promise to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Piacs, Fbrida, 1M sum of ; 15 ~ ZOO.OQ w;th interest ftom d~te s1 tha rate of 7~ per annum, in monthly instal{-
~~n a. fo~lows: t 125. ~ on the ~h day of _A~/ 19 7~ s~d ~ lik~ sum on 1M cwrespor~dlnp day of exh month there-
after until ?he whol~ bs f~lly paid.
Exh irotallment first shall b~ sppfied in payment of the inte~est ~nd then on the unpaid balance of • the p?incipsl sum. If default is msd~ in th~
paymeM of any installmeot when due, and wch defsuh tontinues 30 days, then at the option of the holdcr, and without any othe~ notice, all the remaininp
insfsllmenri sh~ll be due and p~yabk ~f axe. Privileg~ is given to prepay this nofe in whol~ or ln p~tt af any time without pe~+sity. Neirha~ forebeannce,
nor acceptante by t!?e holder thereof after any defavh in any paymeMS hereon, sh+ll bt deemed extension. A tate paymertt charge of ~{L•
25 shaU be
added ro each instaUment ~emaininp unp+id 7 days aftet ib due date, snd a like sum shall be added ta esch svth installment remaini~ unpsid 7 days ~ffer
each svcteeding p~yme~t date. ~
Each make~, wrery and endaser hereof, jointty and severally, waivK demand, preseotr?Knt protest and ratice of protat for ra~payment, a~d fvrther
agrees ro My extensiw~ of time of payment, either bsfora a after maturity, without notice to sny of us; and to pay all costs of cotlectan, inclvdinp •
reasonabk attorney's fee i~ the event of any default hereunder, ~nd hereby severally waives all benefit of homcttesd and exemption ~ndet t1~e constitution
and Iaws of each Stare of the United States, as agaimt this obligation w any extension or renewal hc~eof.
Witness the hsr+d and kal of each party.
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~ S22.80 i star. aevenw '
(stsp=aeorle~ae~rl~da+oui) •
NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment of said sum of i 15 ~ 200. OO p~~{a~~ af tht
coveMnts and agreemenn hereinafter expreucd, and for diven good and vatuabte considc+ation:, by tht~e present~, doe~ gnnt, bsrpsin, sell, remiie,
release, co~vey and conf'um unfo the MORTGAGEE, iri succeuo?s and assigns, all Ihat certain lof, pieoe or parcel of lend, sitwte, (yinp, and beinp in the
County of St . Lueie . u~d State of Florida, dewibed as folbws:
Lot 8, Block 3, SOUTHERN VIfiW ADDITION, as per plat thereof recorded
in Plat Book 9, page 44, of the Public Records of St. l.ucie County,
Florida,
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~ AR F+~ ~ Mp t A Y t. d Q . yt,1r~. ~S
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` rogeth~r with all ~nd sinyvlsr the tenements, hereditsments and appurrances thereunto belonging a In anyw'ue ippertainirg thereto, and all reMs, issues, }
~ proceeds and p~ofits aocnrirg snd to accrve from said premises, atl of whid~ arc irKluded in the ~bove and fore9oinp descriptan ~nd h~bendum. ~
~ TO HAVE AND TO HOID the alwve described and granted prern'~ses unto the s~id MORTGAGEE, iri succeuors and assipns foreva. Md th~ wid ~
~ MORTGAGOR fw tti~'ir - he;n, executon, sdministrators and •uigns, hereby covenanb with fhe said MORTGAGEE, its wasswn and i
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~ rhat they are ~aw{ully seized of the ssid premises in fee simple; th~t the same sre fres, cfear snd dixMryed from sll liens ~nd ~ncwn- t
i brances in law p in equity, and that tt1CSr wi11 snd their heirs sMll warrant encf defend th~ titk to the s+me to ihe s+id ~
~ MORTGAGEE, in succeasors ind suigns, fwwer egairot the Iswful daims s~d demands of all persons; ;
~ PROVIDED, ALWAY$ tFut if the MORTGAGOR shall pay unto the MQRTGAGEE the promissay note herein6efon desuibed ud sh~ll frvly, promrtly ?
and fully perfiorm, disd+~rge, e:ecute, comptete, comply with ~nd ab'de by esch ~nd every tF~e stipubtions, sp?eemenn. conditions ~nd oovenants of ~aid ?
promissory rate and of this IMortgage, then this Nlwtp~ge ind fhe Est~te hereby ve~ted shall aa~t snd b~ null and void.
IT IS UNDERSTOOD thrt 1Fro word "Mwtgs9or" whether in the sirgular w plvral anywhers i~ thi~ Matp~ge, sh~ll be sinpulu if one o~ly a~d
si,sll be plwal jointly ~nd seve?~Ily if more tMn one, and thst the word ^their" ~s used snywFKre in thia Mwty~ye ~Full be t+ken to mean "his," •'hen,°
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or "its,° wherever the context w implies or edmits. Also, thst whe~eve~ there is s referente in the cwen~nK and aDreame~ri F~erein contiu~ed to a~ryr of
the p~nies hereto, the same shall be conshued to mean as well ss the hein, leyal r~p?esentatives, wcuasors ~d aasgns (~ither voluntary by ac1 of tlw
panies a involvnury by operation of the I~w) of the sune and that rhe cavenann he.ein oonai~ed ~hall bind aed rl+~ b.n.fin arw! .dvanfap.s irw?e
to the respectiw hein, lsp~l represeotatives, s~ccesson and ass~gns of the puties hereta
i Md ssid Mwt9sgors, for themselves snd tFKir heirs, kgal representstiva, succeswn and ~ssiyro, hereby jointly ~nd severally rovawnt and pr~e
to and with tM ~aid MORTGAGEE, in successors snd auipru: ~
u
1. To pay ~11 u~d sirgular the princip~t and interest ~nd tF~s vario~n ~nd sundry wm~ of mo~y paYable by vinw of said prom;ssory note. ~nd thu ~
~ monpipe, eacb and ewry, promptly on tM dayt respeaively the sam~ s~wrally bacane dw. S
j 4. To piy all ~nd si~gutw th~ taza, as~essmants, levies, liabilities, oblig~tans and eocumbranc~s o# ~v~ry natw~ and kind now on said dacrib~d #
prop~rry, a that hereafter m~Y b~ imPe~ed, suffered, placed, levied, a ~sseued thereon, a tlwt hereaft~r may b~ kvi~d or ~ssest~d upon Mb Matp~
` aflr, or the indebfedness secwed he.eby, exl~ and ~v*ry, when due a~d paysble, accordinp ro law, b~fw~ tMy becane dtlinqwm, ~nd bsfore amr Mta~q
~ artaches or any pen~lty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ THE SMNE SFIAIL dE PROMPTLY SATISFIED AND DISCHARGEp Of
RECORO ANO THE ORIG(IYAL Off(CfAI OOCUAAENT (SUCH AS, FOR INSTANCF, THE TAX RECEtPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSEO
OR CERTIFIED) SHAtI 4E PLACEO tN 1HE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the ewnt that any therwf is ~01
paid, ut'sfied ~nd discharyed sa:d MORTGAGEE may ~t any Y~me pay the sam~ w any p~rt therwf wifho~t w~ivirp w~ffectinp any option, lien, pvity or
~~aht ur~r or by virfve of tbis mortyaye ~nd the full amount of each ~nd every wch paym~nt sh~l1 b~ immed;a~tly dw ~nd p~yabk and aMll b~n intN~st
~ro,n the date tF~eof until paid at .ate of ~in~ per cen~um p~r ~nnum and ~oqe~her w~rh wtfi interest shal~,b~, se~~ tM lien qf ~~1.q~
ytaya
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