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THIS INDENTUR~ N4d~ tFi~ lbth d+y of ~1a3C A.D. 19
7~- MtweN+
laude C Davis and Li~~~an M Davic} hic wifp
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of St . Luci e ~~nty fiwida, her~inafta d~siynatad ~s tM "MORTGAGOR," ~nd FIRST fEDEf~AI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a to?paation orpanised ~nd exiiti~ unda tM laws d tM United St~qs of Am~rica ~nd Mv)np iM priacipal P~+u of
busir~s in th~ City of iort Pi~res, St. l~ci~ Govnty~ FIOf~ M(MMf1N fIN~M1NI ~s th~ "MORTGAGEE.°
WHEREAS tM MORTGAGOR a jwtly indebt~d to tM MORTGAGEE io the iwn of i 12 s.S~OO . good and Iawful mon~y of the U~i~ed
States adwnced by th~ MORTGAGEf ~nto the MORTGAGOR, as evide~ced by a certain promissory note of even date herowith, of which 1M fdlvwinp io
words ~nd figurei is a trw copy, to-wit:
s 12 . 000 . 00 11000066
w., v~.~., F~o.;d,, Mav 10. i91~
fw valus received. 1, we o~ eithe~ of us, prom~se to pay, without defalcation, to ths order of FIRST fEOERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE al Faf Pierce, Florida, the sum of = 12 t • w;th inte~est from date at the rate of ~Z~ pe? aru~um, in monthly install- i
ments as foliows: = 99. ~0 ZOt~lday of Ju1V 19 73 ~nd • like sum on the correspondinp day of each month there- ~
afrer until the whote be fully paid.
Each i~stallment first shall be applied in payment of the interest and then on the unpa~d balance of the principa) wm. If default is msde tn the ~
payment of any imtallmeM when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the rtmaining
~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or io part ~t any time without penalty Neither forcbcsrance,
nor acceptance by the holder thereof after ~ny default in any payments hereon, shall be deemed extension. A late payment tF?arge of ='4 • 95 sha~~ be
added to each installment remaining unpaid 7 days after iri due date, and a like sum shall be added to esch such instsllment ?emaining unpaid 7 dsys after
each succesdirg payment dale.
Each maker, svrery and endorser hereof, joi~tly and severally, waives demand, presentment protest and notite of protest fw ranpayment, snd furthe~
agrees fo sny extension of time of payment, either before w after maturity, without notice to any of us; and' to pay alt costs of collection, i~clud~np a
reasonable anorney i fee in the event of any default hareunder, and hereby severally waives all benefit of homestesd and exemption vnder the cautitutioe
and Iaws of each State of the United States, as against this obligation or any extension or renewal hereof.
Witness the hand a~d seal of each party.
S/ Claude C. Davis ~U
(5~?U
S/ Lillian M. Davis ~wu
cs~?u
( ~l'a • ~ Stafe Revenve
W, THEREFORE, the MORTGAGOR for the purpose of securing p~yment of said wm of = 12 ~ . and N~s Pe~formance of tM
covensnts and agreemenri hereinafter expressed, u+d fa divers good snd vslwble considerations, by thesa presents, does grant, baryain, setl, remise,
release, convey and tonfirm unto the MORTGAGEE, its succeuws ~nd auigns, all thaf urtain bt, piece or partel of land, sifuste, lying, end being in the
County of $t . Lucie ~nd State of Flwid~, de~cribed ~s follows:
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Lots 22 and 23, ORANGE GROVE PARK as per plat thereof on file in Plat
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~iook S, page 46, of the Public Records of St. Lucie County, Florida. j
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i gi o DOC~,UIMENTARY tAMP ZA Y ~ ,
oEPt_OF !lE11ENtlE. ` ' .
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~~p ' Ifl PAYNENT OF TAXE3
DllE ON CLASS'C' INTANGIBLE PE'~OIC.;L PROPERfY,
pURSUAlQ TO Ct1APTER 71•134, ACTS OF 191L
ROGER r01TRAS
txF.RK CIRq1R OOURT~ ST. WCIE 00~ RA t
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togetFxr with sll and singular the tenements, hereditamenri and appurtances thereunto belongirg w in anywise apperbi~i~g thereto. u+d all renri, issues, ~
proceeds and profia ~ccruing and to sccrve from said premises, all of whid+ are incluJed in the abov~ and foreyarg descripYan and habendum.
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TO HAVE AND TO HOID the above desuibed and granted premises unto t!x said NIORTGAGEE, iri successors ~nd assigns foreva. Md tM wid =
their '
MORTGAGQR for heirs, execvtors, administraton and suigns, hereby cwenanri with the ssid MORTGAGEE, its wcceuws and ~ssipro,
that they are ~awfutly uized of the said premises in fee simple; that the s+me sre free, cka~ and dischargcd from all liens and encum~ ~
brances in law w h:equity, u,d ir~+ they W~~~ a~ thelr hein shall wunnt and defend tM title to the ssme to ths sald
MORTGAGEE, in successors and augns, forever agsinst the lawfvl claims and demands of sll penons;
PROVIDE~, ALWAYS tMe if the MORTGAGOR shall p~y t?nto the MORTGAGEE the promisswy note hereinbefor~ described and shall trvly, promptly }
1; and fully perform, diuharge, execute, compktq comply wifh snd abide by esch and every the stipulations, agreemenn, tonditioos ~nd covenanb of iaid i
promissory note snd of this Mwtgage, then this Mwtgage and ihe Estate hereby aeated shall cease snd be null snd void• _
~ IT IS UNDERSTOOD that tlx word "Mutgagw" whetFxr in the singular w plwal ~nywhere in this Mwtgsge, sMll be sirgvlsr if on~ only aod
~ shall be plurel jointly and severslly -if rtwre than one, and that the wwd "their" ~s used ~nywhete in this Morigaye shsll be tsken to mea~ "his;' "hers," M •
or "its; ` wherever the context so implies ot ~dmits. Also, that wherever there is a reference in tF~e coven~nb ~nd agreements herein aontaitxd to ~ny of
~ rhe parties hereto, the ssme shall be construed ro mes~ ss well as the heirs, kgal r~presentatives, wtcessws and auigns (eitMer volunt~ry by act of th~ ~ ~
~ p a r t i e
s o r i n v o l u n t a ry b
y o p er at i o n of the law) of the same and that the covenants hcrein contained shall b~nd a~d the benefiri and ~dvanta~es Fnvr~ ;
ro the respective heirs, kgal representatives, successon and su~g~s of the psrties hereto. j
And taid Mwtgsgors, fw themselves and iheir hein, Iegal represeMatives, s~ccessors ~nd auigrn, he?eby IoiMly and sevaally coven~nt ~nd ayree
to and with the said MORTGAGEE, its successors and sssig~s: c';z ~
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~ 1. To psy all and singutsr tt~e principsl snd interest and the various and sundry sums of money payable by virtue of said promissory note, and tha
mwtgage, each and every, promptly a? the days respectively the ssme severally become due. j
2. To pay all snd ~ingular the taxes, assesunents, levies, tiabiliY~es, obligations ~nd encumbr~nces of every natvre and kind raw on said described
properry, w thst hereafter may be imposed, s~ffered, placed, levied, or asussed thereon, or thst hereafter may be levied w assessed vpon this Mort¢ ~
age, w tFw indebtedness secured hereby each ~nd every, when d~e and payabk. +ccadiny to law, before they become delinq~rem, and before any iMaest ap
attathes a any pen~lty is inc~rred; AN~ INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED ANO DISCHARGED OF ~
RECORD ANO THE ORIGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE tAX RECEIPT OR THE SATISFAC710N PAPER OFFICIALLY ENDORSE~ ~
OR CERTIFIED) SHALL BE PlACEO IN THE HANDS OF SAID AAORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that a~?y the~eof is not
paid, sar'sfied snd discharged sa:d MQRTGAGEE may at any time pay the same w any p~rt thereof without waivirg ot affetling any opian, lien, equify p
•~qht under o~ by virt~e of this mortgage s~d the full amovnt of esch ano every such psyment shall be immedistely dve and payabk and shsll bear i~tsrest
~ ~rom the date thereof until paid st rate of nine per centum per annuro and togelher with sucF~ interpt shall be secured by the lien of th:s morgta9e.
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