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iHIS INOENTURE, Madc r?M_28th ~,r ~t __J~e-- - A.D. 19
73 tk~«.«,
_ ~~'r~'
Al~en JL Clayto~ and 8onnie Gail _Clayton , his vite~_
of _ St • L'11C~@ Y Covnty flaid~. M~cinafter dct~yrwted at tha "MORTGAGOR ''~nd~ fIRST FEDERAI SAVINGS AND lMN
ASSOCIATION OF iORT PIERCE, ~ corporatian oryaniz~d a~d ex~i~iny unde~ rM laws of tFw Unitd 51a?a of Amerk~ and MvL?y in p~inclpal ~bc~ ~f
busintits in ths City of Fai Pi~rce, St, luti~ County. Florida, M~~inaitN d~siynated ~s fh~ "MORTGAGEE." ~
_ WHEREAS tM MORTGAGOR is jvstly indfbt~d w tM MORTGAGEE in tM sum of : li ~ Z~•~~ good and lav.ful money of ~be Unitod ~
S~atc~ adva+xed by the MORTGAGEE unto Ihs MORTGAGOR, as svidenced by a certain promissory nore of even date he~twith, of wh~cA tM tolk.winp ln
wads ar+d figura~ b a trw copY, to-wil:
~ ~ 11i~00 L~ No~~cY2~~12
,y fort Pierc~. Fiwida, J~@ ~8 19_.~.
~ For vatve recrived, 1, we a eithe~ of us, prom~se to pay, without defalca~~on, to the order of FIRST fEQERAI
pSAVINGS AND IOAN ASSOCIATION C~
~ F(~RT PIERCE at Fprt Pierce, Fbrida, the sum of =~1~..QQ..` with in?erest f~om date at ihe rafe o/"'0 96 par arunu~, in monthiy ±ra~all- ,
C~ Tems as follows: = 94•~ on ~he 20thday of Au9L~ft , 19 73 end a like sum on ihe cwrespond~ng day of each month therr ~
af~ea until rhe whole be fully paid. ~
E+ch installment first ahall be applied i~ payment of the iNerest ~nd thcn on the unpaid balance of the principal wm. If def~uh is made in ihs
paymem of any installment when due, and s~ch default continuas 30 days, then at the optan of the holder, and withwt any other notice, all the rem~inirg
installments shall bs duo and payable at once. Privileye ii yiven to pr~pay this note in whol~ or in p~n at any time without penalty. Neither faebeara~K~, !
s no. atteptance by the holde? thereof aiter any defauh in any paymenb hereon, shall be deemed eztension. A iste payment char~e of s 4• 7O shall be
~ added to aach installment remaini~g unpa~d 7 days after its dw dals, snd a lile sum shsll be a~ded Io each such instaNment remaining u~paid 7 day~ +fter f
each succeeding payment date. ;
~ fxh maker, surety and endorser hereof, jantly and severally, waives damand, p~esentmenf protest and notics of protest fa nonpayment, snd funher ~
~ agrecs fo any extension of time of payment, either oefore a aher maWriry, without notite to +ny of us; and to pay •It tosts of rn!lectiort, intlvdiig • ~
~ reasonable attorney's tee in the evenf of any de(ault hsieunder, and hereby severally waivp all beoefit of homestead and exemption under the conatitutio~ ~
and lavw of each S!a1e of the Unittd States, a: againat this obligation or any exte~aian a renewsl hereof.
Witr?ess the hand aod seal of esch party. ~ C~ytOn i
v s Allen J.
cs~?u
cs~wu
s onn e a ay on ~
~ 16 ~ 8~ ~ $tate Revenue
~s~ ~~a~,~,.~~+.r ~
NOW, THEREFORE, tF?e MORTGAGOR fw the pvrpose of secvring payment of uid sum of S 11 20~. ~ ~nd ths performance of tha
cuvenanb and ~yreements hersinafter exprested, and for divers good ~nd valvable considerations, by tMse pre~ents, doei grant, barpain, sell, remise,
releesa, convey ~?d confirm unto the MORTGAGEE, its s~ccessors ~nd ~ssiyns, •II that cen~in bt, piece or parce! of land, situat~, lyinp, u~d b~irg in fhe
Couny of St _ 4 uC le ~ snd Sute of Florida, dewibtd ~a foUaws:
All ot Lot 20 and the North 16 feet of Lot 19, of the New School
~
S ubdivision as per plat thereof on f ile in Plat Book 8 at Page
52 of the Public Records of St. Lucie Covnty, Rlorida, ~
~
1
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~ STATE oF ~!_QRl~JA }
OOCUMENTARY~° - STAMP TAX ~
~2
s~ DEPT. ~3F REVENUE :r' • '
Q= Pa. _ <7~» = 1 6. 8 0 1 ~
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o =~1~4z `ti..•-~ ' ~f
~ a. ~ ~N P~rr~art oF T~xa ;
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pnRSUAKT T'a CtiAP7ER 7t-134. ACTS Of 1~11 j~ ~
ICpCER PORiGS
p.ERlI GIICUIi OOURi. 5F. W~IE 00.. F1A - ~
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rogaher with ~II and singul~r the tenemenn, F~ereditamants ~nd appurtances therwmo belongieg or In ~nywise appertaininp thereto, ~nd all r~n», tuu~s,
proceeds and profin accruinp artd to ~cvw from uid prem~us. ~11 of whicfi ~ra includ~d in the above ~nd forepoirg d~scriptlon ~nd hsb~ndum.
i TO HAVE AND TO FlOLD tAe abow described and yrantad pnmises unto ths t~id MORTGAGEE, in wcces~ors ud auipm for~vM. Md th~ said
their
MORTG R for - hein, ~xecuton, ~dmi~istr~bn ~nd auiym, F»reby oovenants with tF~ uid MORTGAGEE, ib wap~a~ and ~qiqns,
~ that ~~6y a1e larvfull ~ei:ed of tM wid
Y premisa in fe~ simpl~s that th~ s+m~ an fr~t: clw ~nd distMrped fran dl li~ns ~nd ancum-
% bnnc~s in law w in eq~ity, and tMt they will and t~}Y heirs shall wurant ~?d def~nd tM title to th~ ~arn~ to tM utd
f MORTGAGEE, iri tucceua~n and ~uiym, forwet ayaimt tM Iawful claims and demsnds of sll personst
PROVIDED, AlWAYS that if tfw MORTGAGOR aMll p~y unta ihe MORTGAGEE tht promiswry ~ot~ hereinbefort de~crib~d and ~MII trvly, promptly
and fvlly p~rform, d'cxMrp~, txecW~, compbt~, comply with and sbid~ by each ~nd ~v~ry the sNpvl~tions, apreema?ri, tonditiom ~nd cown+nts of ~aid '
promisiay ~o~~ ~nd of thb Mortpapt, t1Nn thls Mwty+p~ and ths Eatate ha~by uwted ~Mli a~~ ~nd be nvlt ~nd wid. t
It 15 UNDERSTOOD tl+at 1M word "Mortppw" wheth~r in th~ sinpul~r w ptw~t anywfw~ this MwtQay~, shall b~ sinpular ff on~ only ued
h~
ahaN b~ plwel jolntly ~nd t~wrally ff more than on~. ~nd that the word "their" as w~d ~nywFKr~ in this Mortpp~ ahall b~ tak~n ro nw~n "hb,•• •1wn•• ~
w'9ts;' whaevK tM cont~xt w implies or ~dmirs. Alw, that wherewr ther~ a~ rtfa~noe in tM covenanb and apr~e~wnt~ h~nin oont~in~d ro aey of t
th~ p~rti~s h~r~fo, th~ su~w shatt b~ conttrued ro m~an a~ well a th~ hein. Ipd npr~sei?tativp, suaesso~ and aalprq (~itha volunary by ~ct of tM i
parY~ or Imdw?tuy by opKation of tM law) of tFw ssm~ and tMt ~M cov.nsnn Mr.in cont.i~»d sh~ll bind .nd fM ba+.fifs and .dvanrap.s Mw• '
ro tM r~sp~diw Mira, lyd r~pr~ntativ~s, succsuon and ~utQm of tM puti~s hano. ~ ~
And sald Matq+pon, for them~lv~s and tMtr k~in. Ipsl reprs~entativei. ~uccauas sne! auipna, h~r~by jointly u~d sewr~lly oown~nt ~nd pne w ~
to ~nd with tM uid MORTGAGEE, iri succ~~wn u~d ~uipns: ~
1. To pay dl ~nd sinpula~ tM princip~l ~nd fnt~nst ~nd IFw v~rious ~nd sundry sums of moneY p~Y~bb by virtw of s~id promii~ory not~. ~nd this ~ ~
mortyp~. Nch aed ~wry. Promptly on tM days r~ap~aivdy tM u~ kw~~lty b~corm dw. ±
2. To pay ~tl ~nd sTnp~ta tM taxa. ~s~s~nn, levie:. li~bilities, obllpsttora ~nd ~ncumbranc~s of ~wry n~tun ~nd ktnd now on said d~snib~d ~
' AreW?ry. w ~hat he?eafta en~Y M ie?poud, suffa~d. P~aesd, levied, w ~wss~d ~henon, a that ix~e~ftK may b~ lwi~d a a~wd upa~ ti~ JlAort~
~ sse, w tM tnd~bt~dnea s~cund fw~~by ~ch ~nd way. wMn du~ ~nd payabl~, accwdinp eo taw, bsfon tFwy bstom~ delireqwnt, and b~fa~ any k?Hrat ecv~
a sftaches or ~oy ptnalty t~ FnCWild~ AND INSOFAR AS ANY ?HEREOF IS OF RKORD TNE SAME SHAII BE PROJNPiIY SATISf1E0 ANp PISCHARCsED OF p~p
RECORO AND THE ORIGINAL OffIC1Al DOCUINENT (SUCH AS, fOR INSTAIdCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfflCUltlY EIVOQRSfD
a OR CERiIF1E0) SHAII dE PlACEO IN THE HANpS OF SAtD MORTGAGEE WlTHIN TEN DAYS NEXT AFTER PAYAAENTj aed in tM ~wnt that any tMnof is not J
paid, tat sfied snd disthary~d sa~d MORTGAGEE may ~t ~ny Nmc p~y th~ ~~m~ w~ny pan tMrsof without w~ivinp w aff~ctinp ~ny optio~, li~n, puity or
t •iqhf ~nder a by virtw of this mo.tya~~ and the futl amovnt of ~ach ~nd ~very t~ch paym~nt shaN b~ imm~diately dve ar+d piy~bl~ and ah~ll b~ar Intsr~st
F~om tFK dat~ thertof unti) paid at rats of niM per tentum p~r ~nrwm ~nd toytlhN w~th suth internt ~II be ~et~red by th~ litn of th:s mw~tp~.
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