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?HIS INDENTURE, N1~ti~ th~ d~y of ~y A.D, 1973 bttw~+
Sydney B. McAlp an S yn~ N. McAlp ni h a wift
of St• t+UCi~ Cq~+fy Florid~, hKtieqhu dtsipnated as fM "MORTGJIGOR," i~.t1 ~FlqS~ FEDERAI SAVINGS AND IOAN
ASSOCUTION OF FORt PIERCE. a cwpaation orp~niud and ~xatinp und~? tM I~ws of tM Uni1~d Sqhs of Mrrka and I+~virp in principa! plac~ of
bv~in~u in th~ City of Wrf Piaa. St. l~ci~ Cax~ry. Flafda, Mr~inafta d*iipnr~ed a tM "MORT('sAOEE:'
WHEREAS ih~ MORTGAGpR is juttly ind~bt~d w tM MORTGACsEE in 1M wm of ~~8+7~~~ good ~nd lawfvl ma?ey of ihs United
States advancsd by th~ MORTGAGEE unto ths M~t1'~AGQR, a~,evidanad by a cwtaa~ promiuory not~ of ~r~n date h~rewith, oi which tM followinQ in
wads u?d fipuns a a t~ut copY. to-wit: '
~ is , ~oo. oo ~ iooi9eaa
Fwt Pi~rc~. Fiorida. ~Y 4~ 19
for valve receiv~d, 1, we or either of us, promise to pay, withoW defalcation, to th~ orde? of FIRST FEDERAI S~A~V~INGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pimcs, Florids, ths sum of =,18 ~ 7~• ~ rv;th interest from dste at tM nte of '~_96 pN u~num, in monthty tnstal4
ments ~s follows: t~39~~ cn thet~~ day of A~nst 19 73 ~nd a like sum on the cwrsspond'ug day of each month ther~-
\ after vntii fhe whole be fully paid. '
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~ Eath ir~sta!lment fint {hall bs app]ied in p~ymeM of the intereat and then on the unpaid balance of the principal sum. , If defa~h is made in ths
paymanf of any insqllme~t whon dw. and wch defauM to~tinues 30 days. lhen at the opYp~ of the holda, and witFa~t ~ny other nutice, ail the remaininp
~ ~nstallme~ts shall be due and payable af once. P~ivileye Is yivan ro prepsv this note in whok or in p~rt ~t any Y~me without penaity. NeitF+er forebeatuxs,
rro? acceptance by the holdsr thereof afte~ u~y dsfauit in inY psyments heroon, shail be deemed extension. A late pcyment th~ryt of ~ 6~95 sh~l) be
~ added to each installment remaininp un{»id 7 days after iri dus d+te, and • fik,e wm shall be sdded to each such inst~limsnt remaining unpaid 7 days affer
~ eath succteding paYment date. . ~
Each maker, ivrery and endaser hereof, ~oi~tFy and severalljr, waivss demand, presentment protest and notice of pro~est fw nonpayment, and further
~ agrces ro any extensio~ of time of payment, either befo~e w aher maturity, without ~otice to +~rry of us; and to psy all cosri of collaction, includ~ny a
reaswNbk attwney i fee in the event of any defwtt heteuoder, and hereby seve~aily waiv benefit of homestead and exemption under ths co~stitutio~
and Isws of eacF~ Stats of ths Unitsd Sates, as ayainst this obtigatwn,or any extensan o~ r herwf, .
~tneu the hsnd and seal of each pany.
( ~
$ iS~U
f I5EAU
$28•OS ~s ~ne • ~ P ~
~ ~ ) Stats Revenue
4_ (S~p~.e~AalNd~e1~1~1MF~~ .
J NOW, THEREFORE, ths MORTGAGOR for the purpose of secvring paymer~t of s~id sum of ;~8 ~ 7~~ ~ , and tM perfonninc~ of th~
covenants and sg~eements ha~inafta expressed, ~rn! tor d'rvera 9ood ~nd vslwbl~ conside~atiora by these preseny, does prant, ba~y~in, sell, remise,
~ retease, convey a~d confirm unro the MORTGAGEE, in succeuors ~nd sssiyr,s, elt tha~ oerain lot, piea w pucel of land, aiwa», (yinp, and beinp in ths
J ~~~~y $t • i.ncie and State of Florida, dewibad as fot(owt:
Lot i6~ Block 69~ L.AKBWOOD PARK, UNI? 86, according to the Plat thereaf as re-
corded in Plat Book 11 at page o! the Pablic Reeords o~ St. Lucie County,
Florida,
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II 181E PE
PWZS11AMi t0 q1APTER 71•13~, ~~OF 1~'ER1Y~ .
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~ rogetFKr witb ~II and si~gulsr the tenemenn, herediaments snd sppuN+nces thereunto bdorgirg o? in mywpe appert~inirg tF~ereto, ~~d ~11 renb, issws.
~ pr«eeds .r?d profin scwinp and to xcrue from said premises, sll of whid~ ue irxfuded in tM ~bov~ ~nd for
~poirg deatription and hsbendwn.
! TO HAVE AND TO HOID the above destribed and gr~nted premises unro th~ s~id MORTGACaEE, its woce~aon and assiqr~s fwewr. Md th~ aaW
~ their
; MORTGAGOR for hein, execvtoa, sdministrafon and auig~q, hereby tovenanfs with the said MORTGAGEE, its waesfws and sssipns,
~ t~1@y 8!~ y pranises in fee s'anple; that th~ same u~ frw, cleu and discharped from ~II t;ans and ~ncvrt?
rhat lawfult seiud of the uid u ed
~ brances in Isw or in eqviry, and that ~8y will and theiz hein ~hall wsrrsm and defeod tM titk w th~ sarrN ro tM said
j MORTGAGEE, in successors ~nd auigns, iaever ~gairat tl+s I~wfu) cla'uns ~nd demands of ~II perwros
j PROVIDED, ALWAYS th+t if the MORIGAGOR shall p~y unto the MORTGAGEE the prom'usory note hsreinbefon described and shall truty, promptly
; and fuily pertam, d7ach~roe, execute, complet~, comply wifh and ~bide by e~ch and ~wry the atipubtions, spreements, conditioro snd coven~ori of s~id
prom~ssory note ~nd of this Mutgape, then this Mortg~ye and the Estste hereby ve~ted slwtl cess~ u+d b~ n~ll ud void.
~ IT IS UNDERSTOOD tFwt the word "Mortgapor" whether in the sinyular a plwal snywhen in this Maty~pe, sh+ti be si~pular if oeK only snd
~ shall be pturel jointfy ~nd tever~lty it mor~ ~h~n one, and that the word "~Aei~" es vied inywhsre in thia Nlort9+ye shsll be t~ken to ms~n "hb •'h~n; •
or "its;' wherever the conte:t w implies or admin. Afso, tMt wherever thcre is a ~eferenc~ en th~ covenants and apreements hersin comainsd to u~y of
€ the parties hereto, the s+me shall be cautrved to mesn as well as the heirs, le~sl rpresentative~, succeswrs and aulqm (either voluntary by ~ct of tlw
~ parties or fnvolumery by operation of the law) of the same and tF~st the covenants F~erein comaened ~hall bind and tM ba~efi» and advaMsy~s &rer~
~ to the respeuive heus, kyal representatives, successors ud ~ss~ym of the puties hereto.
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i And s+id Maty~gora, fw themselves uid thei~ hein, leyal representatives. successors and atsipm, hereby jaotly~ and sevsrally covenant aix! ayr~e i
~ to and with the sa7d MORTGAGEE, its successors and ~uiyns:
~ 1. 7o pay all and s'ugvlu the p~incipal a~d interest and the wriovs snd sundry swns of money p~Yabb by virtw of ssid promiswry ~ote. ~nd this
mortyaye, esc1~ and every, promptly on the d~ys respenively the same sev~rally becortK dut.
~ 2. To pay ~II and sirg~la? ths taxes, assessrr~ents, levies, liabilis'~es, obliyatiorn and ~~nca of ~vrry MfWf ~1fd IIIII~ f10W Of1 Nid f~ptl~blfJ
~ prop~rry, a that he~eaher may bt impo~ed, suffued, pl+c~d, levied, or sssessad thereon, a th~t I~ereahK may b~ Iwied a assessed upa? M~is Morq-
a9e, a tFw indebtadn~u secured hcreby, each ud tvery, when dw ~nd paysble, aaordinp ro law, b~fore th~y beca~e d~linqwm, ~nd b~fon ~ny im~est
~ attaches u any penatty a incwred; AND INSOFAR AS ANY iHfREOf IS OF RKORD THE SAME SHAII dE VRONIPTLY SATISFIE~ ANp OISCHARGfD OF
~ RECORO AND THE ORIGINAI OFFICIAL DOCUNIENI (SUCH AS, fOR INSTAVCE, THE 7AX RECE{PT OR THE SATISFACTION PAPER OFFICIAIIY EWDORSED
s OR CERTIf1ED) SHALL dE PIACED IN ?HE"HAN~S OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFiER PAYMENT; ard in tht tvsnt that am tMrsof Is np
; pa~d, sat'tfied and distha~ssd ss;d ~IIORTGAGEE may ~t any t~me pay the ume o~ a~+y p~n thereof wirhout wsivinp or ~ffectup sny opYa~, lien, equity w
i •iQht vnder o~ by virtve of this mortyage and the full smo~m ot e+ch ~nd ~very such psyment :hall be im~nediat~fy dw ~nd pay~bl~ and ihall be~r intqqt
~.«n the date ~Fxreof untii p~id at rate oi nine pe~ centvm per annvm and royethsr w~th wch interest shall b~ secw~d by !he li~n of th:s morytpe.
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B~ox214 ,
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