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TMIS INOENTtJRE. IWd~ tM sttl day ol Ap!'ii ~.o. 19 ~3 6Nw~+n
Denald B. ?oapson aad Kalhryrn M. 1baQsoa~ s wif•
o~ St• L1~C~~ ~q~~ f~a;~~ ~~~MitN deignated as tM "MORTGAGOR ' and i1R51 iEDERAI SAVINGS ANO IOAN
1?SSOCtAT10N OF fORT PIERCE.~ ~ corpaa~an o~yanis~d ~nd ~x~su~p under ~M law~ of tM Unit~d 5~~t~s of Am~rK~ ~nd Mvinp its princip~l pl~c~ o~
bv~inqa in fl» City of Fpf Piuu. St. l~ci~ Cou~ry. Flwida, htr~inafta d~sipnat~d a~ th~ "MORIGAGEE.••
WNEREAS 1h~ MORTGAGOR it jwtly indtb~d b tM 1NORTGAGEE in the sum oi = 11~Q~~~ , Qood and lawful money of the Un~ted
Statq adru~cid by tM MORTGAGEE unto th~ MORiGAGOR, ss OvIdQ~Kld Dy i cer~ai~ promiuwy note of even date herewith, of wh~ch ths iollowinp i~
wads u~d fiy~ry a a t~w copy. to-wit: ~
: i~,~•oo N, 10p19682
Fat Pierc~. Fla~da. AA=il 5. 19 73
Fa valw received, 1, we d eitAer of ut, promise to pay, wifhovt defalcateon, to ths order of FtRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Forf Pie~cs, flwida, ~he sum of : 11,~Ot~ w~th interes~ from date at the rate of7Z55b per annum, in monthly in~tsll-
~~~s as tot!owi: i 91~~ an the 1O~ day of ~y , ~q73 uui a like sum on the c«rwp«niing day of each month the~r
after until the whole be fully p~id.
Each in~t~ltment first shall be appl~ed in payment of ths iMeres? snd thcn on the unpaid balance of the principsl sum. If default is made !n ths
paymen~ of ~ny ;n~tallment when d~e, and such default cominues 30 dayi, then at the option of the holder, and without any other notice, all the remaininy
~~sullments ihall be due and payable at once. Privilege is yivee to prepay this ~ote in whole w in part at any time withoW penalty. NeitF~ forebea~ance,
nor acceptance by the holder theroof after any default in a~y payments hereon, shall be deemed extension. A late payment tharge of i a~ss., shall be
added fo each installment remairting unpaid 7 days after its due date, and a like sum shall be added lo each such installment remaining u~paid 7 days afte~
eech wcceediny payment date.
E+ch maker, surety and endorur hereof, jointly snd severally, wsives dcmand, pesentment protest and nolice of protest fw nonpaymenf, snd furtht~
egrees to any extension of time of payment, eirher belore o~ after maturity, withouf no?ice to any of us; and to pay all costs of collection, irxlud~np a
~eesonable attwney i tes in the cvent of any d~fauit hereunder, and hereby severally waives all benefit of homestead and ezemption uader the conttitution
and laws of exh Srate of the United States, as against this obligation w a~y eztensfon a renewat hereoF.
Wilness the h~nd and sesl of each party. •
s/Donald E. Toapaon
tsewt)
, $16.50 s/Kathzyn M. Toopson ts~w
~ sf.~e a~~~,~
(s~w~.w~~iled~ ar erlObu/ ~etsf .
NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of Sil~~~~~ aod the pe~fwma~xe of ths
co•renanti ~nd preementi hereinafter expresud, and (a divert good aod valuable coniiderations, by thex presents, does grant, ba~gain, sell, remix,
reles~e, conray and tortfirm unto fhe MORiGAGEE, iri successors and auigns, ell thaf ccrtain bt, piece or pucel of land, situate, lying, snd being in the
Co~nty of S't• 1'LlCie a~?d State of Florida, deuribed follows:
s
I
i
Lots i3 a?nd 14~ Block 4~ RUHLMAN SUBDIVISION~ as per plat thereof recoYded in
Plat Baok 9, page 55~ public records of St. Lucie~County, Florida,
DOC MENTARY ~~R~DA ~
a ..ti, TAMP iA3: ~
s.. flEPt. +i~E1/ENVE
_~..a= ~irt~ ~ 1 6. S 0 1 ~-v
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o ~ ~1i0? ` r RE~E:YE~ q - IN PAY\1EM Ot Tal(6
p~ OH ~j?$$ ti INTAtiGIBIE PEkSONAI PRO?EfiiC, /
pURSIIaNT i0 Ct1AP7ER 7I-13~. ACiS :,F 1;/:~~~
RpGER i'AITQ:.S
Ctf~K CIRl~'•IT ~'ir.T, 5:. s. ~f!~ t7:., .`l~l.
~ rogetFwr with all snd singul~~ the te~+ement~, Ixreditaments snd appurtsnces thereunto belongir~ or in a~ywise appertaining thereto, and ~II renn, iuues,
`
4 p~oceeds and profits atuuiny and to acuue from said premises, all of wFiKh are included in the above ~nd faegoing description and hsbendum.
, TO HAVE AND TO ~Q LD tF~e abow desuibed and gramed premises unto the iaid MORTGAGEE, i» iuaessors ae~d assigns forever. And the s+id
I MORTGAGOR for thell ~~~i, executws, administrators and assigns, hereby covensnts witb the ssid MORTGAGEE, its suaesson and astiprp,
; rhat
tt1E are ~~M,{vlly se~zed of the said premises in fee simple; fh~t the same are free, ckar and di~charged from all liens and encum~
brance~ in law a in equity, and that ,~„i1~ their warrant ~nd defend the title to the same to t!K aid
titORiGAGff, its tucceiswa and auiqns, faeve~ agairat the lawful claims and demands of all per:ons;
VROVIDEO, ALWAYS th~t if the MORTGAGOR sh~ll pay unto the MORTGAGEE the promiuwy note hereinbefore destribed and shall truly, promptly
and fully perform, discfisrge, exec~ts, complete, comply with and sbide by each and every the stipvlations, sgreements, conditions and cov~nsnb of said
~ promiNOry rqt~ and -of this INortgage, then this Mortyage and 11x fstate hereby uested shell ce~se and be n~ll ~nd wid.
Ii IS UNOERSTOOD tha? tha word "Mortg~gw" whefher in the singular o? plwal snywhere in lhis Mo?tgage, shall bs sir?p~lu if one only ~nd
~ shall b~ plur~l iointly and ~evaally if more than one. ~nd that the word "their" as used snywhere in this Mwtgage shall be takcn to mesn "his:• •'hen;•
~ or "it~;' wMr~ver tht context w implies or admits. Alw, that wherever there i~ a refsrence in the coven+n» and sgreemenri herein cont~ined to any of
~ ~he p~rtiet hereto, tM same shall be cautrued to me~n as well as the hein, kysl representatives, sutcesson and ~stipns (eifher voluntary by att of th~
pufi~s a imrolunf~ry by operation of the I~w) of the ume and that the covenants hersin contai~ed shall bind and the benefib ~nd ~dr~nra~ts inw~
~ ro tlw rapMiv~ bein, lpi! rtpresenutires, svtcessors and ~u~pns of the parties Mreto.
Md Nid Mortya9wa. fa themselves and the;r Mirs, leyal rep~euntatives, successors and usiqns, hereby joinNy and severally coverunt u+d ~yr~e
- io ~nd wi~h th~ ~aid MORTGAGEE, its ~uccesson ~nd a~~ipos:
~,j 1. To p~y ~II and tinp~lu tM p~incipal snd imerest ~nd ~he wNous and sundry ~ums of mw~eY paY~bk by vinue of said promiuwy nofs, and rFw
w,.,.{ mo~t~ap~. ~~cl~ ~nd ~vny, prpnpfly on tFw days respactiv~ly tl+~ same ser~rally becorrw due.
2. To p~y ~II u+d sirgvl~r tFw uxa, a~sesun~nb, bvies, liabilities, obli~~tions and ~ncumbr~nces of svery natw~ snd kind now on said describ~d
p`op~r~y' or thN Iwr~ah~r may b~ ;mpw~d, wffer~d. Placed, levied. or aaessed ther~or?, a that Fereafte~ may b~ Itvid w~sses~ed upon tl~, µoHq.
=~9~, o~ r!N ir~debr~dr~~ wcvr~d haeby, exi? and evsry, when due ~nd p~y~bk, ~ccadin9 to law, beta~ they become delinquent, anfl bffOf~ ~f1y {fNNMt
•~~KhM p lrry p~Mlty y InCOtrtd; AND INSOfAR AS ANY THEREOi IS Of RKORD TNE SAME SHAII dE PROMPTIY SATISFIED ANp DISCHARGEO OF
RECORp ANO THE ORIG(NAL OfFIC1At OOCUMENi (SUCH A5, fOR IfYSTANCE, THE TAX RECEIPT OR 1Hf SATISfAC110N PAPER OifICIAIIY ENDORSfD
OR CERTIf1E0) SMAII !E VLAGE~ IN THE MANDS OF SAIp MpRTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENi; ~nd in the ~vent tha/ ~ny thtr~of is nof
pnd, fd ~fi~d ~nd diKMrp~d ta'd MORTGAGEE may ~t any tim~ p~y tF~e swne o~ any part thereof withovt waivirg o~ ~i(eclinq any option, litn, puiry or
•.9hr undK p b~ vi.ru~ of ~h:~ mo•~yaqe and ~ht (ull ~mouni of each ~nd eve.y such p~yment ~h~ll b~ immed;ately du~ ~nd pay~bl~ and shal) b~~r int~tqt
~~an ihe d~te iher~of ~Mil p~,d .ste ol mn~ per umum p~. •nnum ~od toyelher w~th such ~nter~~t ~h~ll be secured by tM li~e? of th:t morptpt.
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