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THIS INOENTURE, Madt t1+. j9th day of Jil~ /~.p. ~9 73 "~tw~en
Glan W. Power a~d Bea?tric~ C. PoNer. his wite
of _ St _ L~~e CqM~y Florida, I?~~in~fta daignaMd as tM "MORTGAGOR;' ~nd fIRST FEOERAI SAVINGS ANp IOAN
ASSOCIATION Of FORT PIERCE, ~ cw~atioe~ orpa~iud ~~d ~aistu+p ue~r ti+~ I~ws of tM U~it~d S~~tos of Am~riu u~d h~vinp iri principat pbc~ of
bvstr~s in tM Ciry of fat Piwc~. St. tuci~ Cou~ty, florida, hsr~tnaftK desipnat~d a~ th~ "MORTCAGEE.••
WHERfAS 1M ~1AORTGAGOR is j~»11y indtbt~d to fh~ MORTGAGEE in tM avm of S 28 y 4~0 . 9ood snii lawful money of the Un~ted
Steta advancad by ths MORiGAGEE unto 1M MORiGAGOR, ~s ~v{d~nced by a cKt~in promitwry nots of even date herewith, of which tM followinp in
words ~nd fi9wes i~ ~ uw copY, to-wih i
s 2s ~.9~A ~ ~ ~ ~ ~ ~v t J 1~20044 ;
~ P~.n, fl«~. uune 19 19'73 ~
" fw value r~c~iv~d, 1, we a either of vs, prpmis~ to pay, withooYdef~kaNen, to ~M wdsr of fIRST FEOERAL SAYINGS AND tOAN ASSOCIATION OF s
fORT PIERCE al Forf Piaru, F{wid~, ihe ium of = ZB~~~.~ w;lh interest (rom date at 1M ?ate of ~Q% par ~nnum, in month:y inttaU-
~ mrnts u follows: = 2~•~O pn tM~eQ.te.~..~day of Ju1V' 19~~.. ~nd a like sum on tha correspondinp day of each month thsrr
. af~er until the whol~ be fulty p~id. t, ~ ~
Each inst~llmfnt fir:t thall ba applied in payme~t of ths Interest and then on tbs unp~id 6~lance of the principal wm. If def~uh is ~nad~ t~ tF~s ~
~ payme~t of any installment when dw. u?c! such deiwlt continues 30 days, the~ ~t ths option of the holder, and wi~hout any other notice. sll tno rem~ini~
1 installmenb shall be dvs and payab4e at once, Privils~e is given io prep~y fha nofa in whote or in part ~t ~ny tims without penslty. Nefth~r fwsb~ar~r.cs,
_ ~or ~ttept~nc~ by ths hotder thxeoi afte~ any defsult i~ any p~ymenrs hereor~, shall b+ deemed extension. A late payment cha~9~ of ~~Q shall b~ i
added ro tach insbllment remaininy w~paid 7 days aher ib dw d~te, and a like sum shall be added ro each suth installment rem~ininp uapaid 7 dn7? after ~
rach tutceeding payment date. -
E~ch maker. w~ey snd endorser hereof, iointly u~d teverstty, waives demand, presentment protest and notite of p~otest for nonpayment, and furtF?er ~
~ agrees to sey extension of tan~ of payment, eithe? before p after m~turity, without notice to sny of us; and to pay ~II costs of collection, includi~g a
reasonabk attorney's fee in the event of soy default hereundsr, u~d hereby sever:lly waives atl benefi~ of homestead and exemption under ths wnstitutan ~
- and laws of each Srate of ths United States, as aga;nst this obligation w any extension or renewal hereof.
Witneu the hsnd and seal of each party. , '
s/ Glen W. Pow~er ~
csEwu
. c~?u
s/ Bgatrice C. Po~rer ~
~ 5~2.60 ~ s~,~. ae,~,.
NOW, THEREFORE. ths AhORTGAGOR fw ths pu~pose of securing payment of said sum of = a8 ~ 4~• ~ ~nd ths perfamance of th~
covenany and ag~eemerrb herei~aher e~cpreued, and for diven good and v~lwbls consider+Jian, by ihese preaents, does graM, barpain, sell, remise,
relcase, conwy and confirm unto the MORTGAGEE, ih successors and auiyns, ell thst cenain lot, p'rooe w pucd of land, sitwt~, lyirg, ud beinp in tM
Covnty of St. I'UCi@ snd St~» of Flwida, de~vibed s~ follows:
Lots 3 and 4, Block 2, CARDINAL GL~ADBS SLBDIVISIQ~i, as per plat
thereot on tile in Plat Book 11~ Page 14j af the Public Records
of St. I.ucie Cou~ty, Rlorida,,
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rogether witb aN and tingub~ tAe tenementa, hereditaments ~nd app~hances thereuMO belorgirg w in ~nywise appenaininy thsrMo, and dl renb, issuea.
proceeds and profits ~ca~irg and to scwe from said premises, ~tl of wA'Kh ue included in tF+e ~bove ~nd forepoinp d~scription and Mbendum.
TO HAVE AND TO HOW the ibOYt described and ynnted premises unto tM said MORTGAGEE, its suaetson ~nd ~stge~s forev*r, Md th~ saW
MORTGAGOR for t~'lalt hein, executon, admi~istrators and •uigns, hereby covensnfs with the said MORTGAGEE, its wttesw~i ar~d aaiptq,
rhat ~~y 8 Ye lawfull sei:ed of the ssid
Y premises in fes •imple: that ths same ue fr~s. clear snd disch~rped from sll lier?s and encvm-
brarxa in tsw o? in equiry, ~nd that t~y wiN u~d their hein shall nnrnnt and defend ti+e titk eo tt~s ssm~ to tlw s~id
l~ORTGAGEE, ib tucceuors +nd asi ns, forerer i
g ~gainst the Iswful clixm and demands of all persons;
PROVIDED, ALWAYS th~t if the MORTGAGOR shsll pay unto the MORTGAGEE th~ promiswry note hereinbefwe dewibed and shs11 truly, promptly ;
and fultY perform, d~scF~arge, e:ecute, compkte, compty wi~h and ~bide by each and svtry the ttipulatipu, ap~eemeMS, conditions and toven~nts of said '
promissory note +nd of this Mortgaye, then this Maty~e and the Est~te hereby aeattd shall uase a~d b~ null snd void. t
IT IS UNDERSTOOD th~f ihe word "Mwtgagor" whether in the singuta~ p plural ~nywhet~ in thts ARwtyaye, shal! b~ sinp~lar if one only ano
sha!I be plwd jointly and wversity if mwe tMn ooe. and tt+at the wad "their" as ~sed snywMare in tf~es Mwfg~ge shall be taken to mean "hFa; "'1~en;' ~
or "its," wherever the co~text w implies or ~dmits. Also, that whe~ever there a~ tefere~ce in tM coveMnn a~d ayreeme~q htrein epntained to ~ny of ~
fhe parties hereto, the same ~hall be ca?strued to rrk~n ~s well as the heirs, kgal repreu~htives, succ~iso~s and astiqns (eiti?ar voluntary by ~ct of tl+~
parties w invotvntary by operation of the !sw) of fhe ~ame and thst the co+renants I~erein contained shsll bi~d and tMe benefita u~d ~dvaMap~s inv?~ ~
to the respective heirs, kgal represent~tives, wccessqs a?~o ~u~Qro oi tnt p~rtia nereio. _ ~
Md s+id Mbrtgagors, fw themselves u~d their" hein, legal represemativcs, succesiors and assigns, hereby jointly and severally oov~oant ~nd ~yree i
to and with the s+id MORTGAGEE, ib wccessors ~nd auiyro: ;
i. To pay and sirgulai the p~irrcipa) and inteiest and the various ~nd avndry iumi of !
um mooey paYabl~ by vinw of said promiuwy ~ote, a~d tha
maty+pe, esch and ~very, promptly on the dips ~eipectively the s~ms s~v~rally become dw. !
2. To pay all and sinpvlar the taxes, assessmenn, kvies, lisbilit'~es, obliyations and ~ncvmbrances of every Mtw~ and kind now on Nid described ~
property, w that here~fter may be imPwed. suffered, pbced. levied, or suaaed thereon, a fMt her~aHer may b~ Iwied or asseued upon thi~ Mon~- '
age, a tMe Gdebtedness sec~red hereby esch ~nd every, when dw a~d payable, xcordinp ro law, befw~ they becorn~ delinquent, ae~d b~fwt amr int~rest '
attaches or any pe~alty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAU EE PROMPTtY SATiSftED AND DISCHARGEp pf ~
RECOR~ AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPI OR THE SATISFACTION PAPER OFFICIAUY ENOORSEO
OR CERTIFIED) SHAII BE PUCED IN THE HJCNDS Of SAID MORTGAGEE WITHIN ?EN DAYS NEXT AFTER PAYMENT; u?d in the event thst ~ny thereof is r?ot
paid, sat~sfied ~nd discharged sa:d MORiGAGEE rruy at any time pay !he same or any part fhereof withovt wiivirg or affectinp ~ny optiw4 lien, equity p
~~qht unde~ or by virtue of tF~is mortgsge and the full amo~;nt of esch and every such payme~t shall be immed;ately d~e +nd p~yabk and thall bear i~taest
f•om the date the~eof tmtil paid ~t rate of nine per centum per aniwm and toyether w+tF? s~ch inte~eat shaN be secu?ed by the lien of th:~ morQta~ee.
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