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THIS INOENTURE, 1N~d~ ~i,~ 11 t h d,y ,
f Ma V ~ A.D. i9~ b.n~..~?
S. S. P.. Inc.. a Flozida Cor~~rAtion
of St. L.{1C1@ , County Fbrid+, herei~afta dtsignated ~s tM "MORTGAGOR;' •nd FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, a oaporation o~anaed and ~xistinp w~der tM ~aws of tM Uoit~d Stata of America ~nd havinp in principal pl+c~ of
b~qinrss in th~ Gly d fwt Pi~ra, St. l~rci~ Cow+ry. Fbrida. 1+~rtu~+fia dKiqna~~d ~s tM "MORTG/1GEE."
WHEREAS th~ MORTGAGOR is justly ind~bnd w tM MORTGAGEE in 1M wm of ~ 27 ~ 8~0. ~O good and lawful ma+ey of the Un~tcd
S~at~s advanced by th~ MORTGAGEE unto tF+e MORTGAGOR, as evidenced by a certaio promiuwy note of even date herewith, of which the followinp in
words and fipwa is a trw copy. wwit: .
10019852
= 27,800.00
Fort Pi~rc~. Fbrid+, ~Y 11 19~.~
fp wlue reccived, 1, we w cither of us, promise to p~y, without defalcation, ro the order of FtRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fart Pierce, Fbrida, the sum of = 27~i8~•0O w;th interest from dafe at the rate'of ~Q% per ann~m, in monlhly insfall- '
me++n ss fottows: = 233• ~O on the _~thday of ~ntenher 19-1~ and ~ like sum on the correspa+diny day of each month therr
aFter until the whole be fully paid.
Esch insullment first shall be appGed in payment of the interest and then on the unpaid bslsnce of the princ~pal sum. If default is made in the
payrnent of u~y insullment when due, and svch defauh continues 30 days, then at the option of the holder, and without any other notice, all the remainirg
~~ntalbments sl+~ll be due and payabk at once. Privikge is given to prepaY this note in whok or u+ pa?t at sny time without penalty. Neither fwcbear~nce,
nor acceptanc~ by the holdp thereof after any default in any p~yments hereon, shall be deemed extension. A Iate payn+ent charge of ii
1•
6~ s~++ll be
added to euh insNllment remaining w~p+id 7 days afte~ its dve da1e,~ and a like sum shall be sdded to each such inihllrt?ent ranaining unpaid 7 d+ys after
exh wooee~ng paymenr d~te.
Each mak~r, y 1y qnd endorse~ hereof, joiMly and seve~ally, waives demand, presentment protest and ~+otice of protest fw nonpayment, and further
ayrees to ary ~xtauif~j~ of payment, eitF~er beiore or aher maturity, withovt notice to any of us; and to pay all costs of collection, includiny •
reasonable attocpe7~s~#~s: t oF aoy defautt hereunder, and hereby severally waives all benefit of homestead and exemption untkr the constitution
and IaMrs of.t+cb ~of t~f.,~ ' St~tes: u against this oblgation w any extension a~enewal hereof.
w,~.: ~he ~ard +r~d'se~:~l~, ~ny S . 5 P . , I nc .
_ ~ ~f ' _ BY : S as P ~U
: ~
COlpOraze SAal af ~~i~ A?TEST, zedrick . Bauaan cret~
' : p ro 4 . ~ ; ~ . !@a8Lt
1':~~' '
~~r• .
Npydj~jj~ E, ~IORTG/?GOR fw tAe purpose of securing psyment of ssid swn of S 27 a 800. 00 ~nd tAe perform+nce of tM
co,Kr~ants ar~d' ~~~MIM~~t~+fter e:preased. and fa divers good ~nd v~lu+ble considerataro, by these presents, does gram, bsr~~in, sell, reiri~se,
release, oonver and,tonf'um unro ths MORTGACEE, its successors u~d ~ssiyns, +II tMt tertain bt, p'~ece o? paroel of Isnd, sitwte, lyinp, and beug in tl+s
~ ~t-. ~ LLiCle ~ ~nd Stat~ of Fbrid~, described ~s fdlaws:
The East 40 feet of Lot 32 and the west 40 feet of L.ot 31, Block 1, ~
WAG~ER SUBOIVISION, as per plat thereof on file in Plat Book 9, page 74,
of the Public Records of St. Lucie County, Florida,
~
~
! -
~ " QF R 1 ~ A ~ ~~n ~ .SS
=(~oiN
~ STAT FLO o~ T,u~x
DONMENTARY STAMP ? A x I DIE ON CLJISS'C INTAK&IBLE ?E~3 r^.a}.t ~aap~try~
~ ° OEtT.OF RE11ENUE ~ PURSlIANT TO CWIPiER 71-134. ACTS OF 19)L
~ - _ ^ w?r:rn = ~ 7 ~ 1 ~~~r msm roRw?s ~ ,
w ~ ~ ?.e. ~ I~GM ~w~M. ~~j .7,. ~i~L ~ ~ 3
o ~ 11102
rogether wrth all and so~gvtu tl+e tlr~rt~n11. he~ld~Mamenh snd sppxtances thereumo belonginy or in anywise appertaining thereto. ~nd ~II r~nri, iuues.
proceeda snd profits soauieg and to sccrve frwe s~id premises, slf of wFi~ sre included in the above and fweyoinp descripYwn and habendum.
TO HAVE AN~ TO HOLO the above described and granted premises unto the said MORTGAGEE, ib successors and suiy~s foreva• Md tiw s~id
M~~ ~ 1 t 5 ~x~~, ~~~atrstors and auigns, hereby covensMS with the uid MORT6AGEE, iri succeuors u~d auipro, ~
rhar 1L 1 S ~ully seiud of the said premises in fee simplr, that the same ue free, ckar and discharyed from all liem srK! encwn- f
y.~r~s in Iaw or in equity, and that 1t will and itc hein shall wuwM and defend the titk to the t+m~ to th~ said
MpRTG/?C,EE, ~y wctessars and assigro, forever egsinst tf+e lawful claims ~nd demsnds of all perwro;
PROVIDED, AIWAYS thst if the MORTGAGOIt shsll psy unto the MORTGAGEE the promiuory note hereinbefo~e described and shall truly, promptly
and full~ perform, disch~?ge, execute, co.nplete• comp~y. with and abide by each and every the stipulations. ~yreements, condiiaro ~nd oovenann of said
~ prom~ssory note snd of this Mortgsge, t}~en this Mortgsye and the Esute hereby vated shsll uase and be null ~nd void.
IT IS UNDERSTOOD tirt the wwd "Mwt9agor" whetF~er in the sirgulsr or plwal ~nywhere in this Mort9~ye, shsll be sir~ulu if ont only ~nd
~ shslt be plurs! joimly and sever+lly if mwe tMn one, snd thaf the word "~heir" ss used anywhere in this Mwtgape sh+ll be taken to m~a~ "his:' "hen;'
or •~ts," r„herever the coment w nnpl;es o~ sdmifs. Also, thst wherever thae is s reference in ~he cem~+nn snd .g.eemenn he?ein conr+ined to any of
rhe pyt;es herelo, the sam~ shall b~ oo~smued to mean ss well u the hein, kyal r~presentatives, wuesson +nd assigra (either volumary by ac1 of tM ~
part;es er involuntary by operation of the law) of the same and that the coven~nb herein contained sh~ll bind and the benefib ~nd adv~nt~pes inur~ ~
ro the rppective heirs, kg+l representstives, wocesson and +ss~gns of the psrties hereto. _ c~.
/?nd said Mortg~gors, fa themsefves and t~•ir heirs, kgsl representstives, successws and suiyra. Fiereby jointly and severally covenant snd spr~e a
~ to ad with the ssid MORTGAGEE. its s~x.cesson ~nd sssig~n: _ ~
1. To p+y sll and sinpulsr the p?incipal and interest snd the wriovs and sundry s~xns of naneY WYabls by virtue of s+id promiuory nota, a~d tF~is
:rxtys9e, esch and every, prunptly on the days respectively the same severally become due.
2 To pay all and ~irgula? the tsxes, asses~.nents, levies, lisbilities, oblipations ~nd encvmbrances of every nature ~nd kind naw on said dewibed ~
P~~~1?• or tFwt he~eafter msy be impwcd suffered. P~+ced, levied, a~sressed thereon, a that hereafter may be lev'~ed a usessed upon this Mort~- ac
sye, a the indebtedrKSS sea+red hereby, each and every, when due and p+yabte, accwdirg ro law, befor~ tF~ey become delinquent, ~nd befor~ ~M? imerest Or1 '
attaci~es or aoy pe~a~tY a incwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAU SE PROIMPTIY SATISf1ED AND DISCHARCaE~ Of
RECOQO ANO TMF ORIGIH:AL QfFIC1Al DOCUMENT (Sl/CH A5, FOR INSTANCE, TME TAX RKEIPT OR THE SATISFACTION pAPER OFfICtALIY ENDORSED
aR CERiIFtED) SHALI bE PLACED IN THE HANDS OF SAIO JNORTGAG:E WIIHIN TEN ~AYS NEXT AFTER PAYMENT; s~d in the event that a~ry tt~eof is not
pa~d, sat sfied and disclwqed sa:d MORTGAGEE may at any time pay the s~ne a any p+~t thereof withovt waivirq o~ affectiny my option. Iien, eqvity or
•:qht urder or by rirtue of this mortgaye and the full amou~t of escF~ and every wch payment shatl be imrnediately due and psyabk a~ fllill bl~I ifltNNt
i.om the date tF~ereof until pa:d at rate of n~ne pe? ccntvm per annwn and toyether w~th sud+ interest shall be secured by the Iien of th:s mwytaye.
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