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THIS INDENTURE, NIHl~? th~ lZith day of -Ju1V A.D. 19?3_ b~twten
Lewis S. Rhoads and Ruth M. Rbads, hi~T
ri~fe
,
of St . ~.11C~@ ~py~ty Flotida, hK~inafta dtsiyeated a~ t!~ "MORTGAGOR," ~nd fIRST fEOERAI SAYINGS AND IOAN ~
ASSpC1A?IpN Of FORT PIERCE, a cwporatan oryanized ~nd ~xistinp undK tM laws oi th~ Unitd St~tK of Am~riu and Mvk+p fri principd pl~c~ of
buain~u in tF» C1ry oi Fut Pfan, St. luci~ Covnry, Flaida, Fw~~in~fta d~siaMt~d u tM " TGAGEE." , ~
WHEREAS tM MORTGAGOR b jvitly ind~bt~d a tM 1NORTGAGEE in fM sum of =16~~' ~ - qooJ ud I~wful mon~y of the United
S~sta adwnc~d by tM MORTGACsEE unto th~ MORTGAGOR. ~s widsnccd by • urtain promisswy ~wt~ of ~ven dat~ herewith, of wh;ch th~ foltowinp M
wwds utid fiyvret . Fs a i~w copY, to-wit:
~ ib~ 1~.~~ plp il~.`~1~2
Fwt PiKU. Flaida. Juiv 12 . 191~
Fw valw received, 1, we w eith~r of us, promiss to p~y, without defalcation, ~o the order of FIRST PEDERAI SAVINCsS ANO IOAN /1550C1AT10N OF
16 100.00 '
fORT PIERCE at FoH Pierc~, Flwida, the svm of : a._. with inte~eit from date +t tM r~le of$~'j$~% pK ~nnum. in monthly irotall-
ments u f011owf: = 1~' ~ of? 1he ~t`a~ aLlQUSt 73
~ y of 19 and a lik~ twn on t!w co~respo~dinQ day of exh rwonth tMrr
sfte~ until the whol~ be fvlly paid.
~\r
`~j Exh inslsllment tirst shall be apptied in p~yment of the ioterest ~nd then on tbs unpaid balance of the principsl sum. If defauh is msde in 1M ~
payment of any installmcnt when due, and such def~ult contin~es 30 daya, lhen at ths option of the hoider, and without any other ~otice, al! the ?emainin~
~ insullmtnts ah~ll be due and payable at once. Privilegs is yiven to prep~y lhis ~ole in whola w in p~et ~t any time without per?slty. NeitFwr forebsar+nu,
nor acctptanc~ by tM holdedea thaeof aha aQy dsf~~t in any p~yments hereon, sFwll be deemed exte+uion. A Iate payment cMr~e of ~ 6•~- shall b~
~ added to each irntallment remaini~g unpa;d 7 days +ftcr ib dua dats, a~d a like tum shall be added to each such insqttment rsm~ininp unpaid 7 daya aft~r
each autteeding p~yment date.
~ Each meker, surety and endorse~ hereof, jointly and sever~lty, waives demsnd, prese~tment protest and noiKe of prote~t for nonpayrr~t, snd further
l agrees ro any exte~iwn of lime of psyment, either before or after maturity, without notice to ~ny of us; and to pay all costs of collection, trxludi~y •
l reasonabl~ atlwney's fee in the sv~nt of any defautt hcre~nder, and hereby severaily waives all benefit of homeftead ard exemption undot the ca+sfitution
and laws of each State of the United States, as syainst thjs obliyation w any ex~ension w ~cnewal hereof.
~ Witness the ha~d and ual of each party.
`,~c SL Lewf s S. Rho ads ~p
~ ~,+u
~
S/_j~th M. Rhnads ~wU
$'1'4 . 1 S ~ State Reven~e ~U
(S~a~pr~r+adi~daoa ~erjoieat aasd
' NOW, THEREFORE, the MORTGAGOR fw tfie purpose of seturi 16 10~ ~
ng psyment of said su+n of i • , and tM perform~nu of ths
covenants and apretments he?einafter expressed, snd for divers good snd valuable tonsideraYans, by these prcsents, does grant, bary~in, sell, ~emias,
'1- release, co~wy u~d tonfirm unto the MORTGAGEE, its avccessora and usign~, all that ceruin bt, piea or p~rul of I~nd, sitwt~, fyirg, and beinQ ln th~
~ Covnty of $t . Lueie ~~~t~ of Florida, dewibed ~s fdlow::
Lot 4, Blac k 8, PIONfiSR PARK SiJBDIVISZON, as per plat thereof
on file in Plat Book 11, page 39, of the Public Records of St.
Lucie County, Florida,
c~-1-A,-f E oF FI.,~O R f D~ ~
t A M P i ~ ~~,1•,2 I N P
A
Y
M E
I
t T O f 1#~
" DOCUMEN7ARY ' -
OEPi. OF REYENUE s NIE ON CLASS 'C' INTAN616LE rERSONAI PROla~
; ~ - - _ ,.~z~rl~ _ ~ Z 4.- i. 5 1 ~t to c~+nrrQ n.i~t. ~rs oF un.~, ~
_ _ ~a. I aoc~x PoRw?s G~ ,
o= t:~ at " Ct~RK CIIOqlti OONiIT. Si. U1C~E t~ flA~
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~ roge~her with all and sir?yulu the tenements, hereditamenb and ~ppurtsnces thereunto belongin9 w in anywise ~ppert~inirg ihereto, sr?d a0 renb, issues, ;
( p.oceeds snd profits scauing and to acvue from said premises, sll of whid~ are included in the above ~rd forsyoinp deu?iption and h~bendum.
~ TO HAVE AND TO HOLO the above dewibed and gr~nted premises unto ths said MORTGAGEf, its successors s~+d aui9ns forevsr. Md tM uid
~ thei r ~ ~y ~~q with tM taid MORI6AGEE, ib woc~ssors ~nd sstipm
' MORTGl.:aOR fw hein, executors, administnro?i and au' ru, her ,
; rhat thev are u~Z~ of the sa~d
y premises in fee simple; that the sams u~ fret, cle~r u+d discF?~ryed from ~II liero ~nd ~+cwn-
; brarxes 7n bw or in equiry, and tha~ they w~~~ a~ their hein sMll wuraM and def~nd ths titl~ to the sam~ to tM said ~
MORTGAGEE, iri tuccessors snd euigro, fo~ever sg~intt tha lawful claims and demands of all perwro;
PROVIDED, AlWAYS that if the MORTGAGOR sh~ll pay unto Ihe MORTGAGEE the promiuwy rate hereinbefors descr+bed and ah+l! hvty, promptly
and fufly perform, discharge, exccute, compkte, comply with and ~bide by each end every tF~e st~pulations, ~y?eementt, conditions ~nd covenanq of si
promissory note ~nd of this Mortgs~e, then this Mwtgsge snd the Eatste hereby ae~ted ahall c~+s~ and M null and wid.
E IT IS UNDERS?OOD tFwt the word "Mortgsyot' whether in the iinyular w plural anywh~r~ in this Matyspt, shall be si~vlK if on~ o~ly ~
; shall be pturat jointly ~nd ~tverally if more than one, and tMt the wwd "theer' ss used ~nywhert in this Mortyaye shall be taken to ms~n "his," "h~n,' ~
or "iti;' whe?evet the context w implies w admits. Ai~, that wherever thae is a refaence in ti~e covens~n and pr~emenn herein aontained fo ~ny ~
eme
3 ~he p~rties hereto, the um~ sMll be construed to mesn ss weil as tha heirs, teyal rspresentatives, i~cesson and auipro (either vduntary by ~ct of th~
~ panies p inroluntiry by operation of the law) of the same snd that the cwen~nts hsrein conuined sh~ll bind and tM b~nefits and adv~nt~yes inw~ ~ ~
e ro the respettive heirs, leysl represent~tives, succes~ors snd ass~gns of the p~irties hereto. ;
And said Morty~gws, fw themxlves and their hein, legsl represent~tivet, successon ~nd auigns, hsreby jointly and sevrrally covenant and ~yrse~
ro~nd witF~ the iaid MpRTGAGEE, its wccessors ~nd asi~gns:
; 1. To pay ill and tinyubr the printipal snd interest and the vsriovs a~d wndry sums of moeey paYSble by virtw of said promisso?y nott, and thi~
~ morty~ge• each ~nd every, promptly on the dsys respectively tM same sev~rally becort~e dve. ~
2. To psy all snd sinyulu the taxes, assessmenb, (wia, lisbitities, obtigstio~s snd encwnbr~nces of every natun and kind now on said d~sc~ib~d o.~t?
properry, a that he~eaher may be imposed, wffered, placed, levied, a saessed tFxreon, a th~t hsresfta may be kv'~ed w u~eswd upon thi~ Mort~
age, a tl» indebtedness secured hereby, e~ch ~nd ~very, when due ~od psyable, accordi~g to law. befwe they become delinquem, and befort ~ny int~r~st
; a~taches o~ sny penatty is incvrred; ANO fN50FAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIED AND DISCNARGED OF
~ RECORO AND THE ORIGINAI ~JFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION P/1PER OffICIAIIY ENDORSED
~ OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS OF SAtD MORTGAGEE WITHIN TEN OAYS NEXT AFTfR PAYINFNT; a~d in fhe evcnt that sny ther~of is not
± paid, sat'sfied and diuhaiged sa;d MORTGAGEE may at any time p~y the same a sny pan thereof withovt wsivinp w affettinp ~ny option, li~n, equity ot
` •~qht under w by virtue of this mortgage and the full amount of eath a~Sd every such psyment ahill be immedistely due and pay~bk and shalt b~sr interest ~
~ ~rom ti+e date tM~eof until paid st ra~e of nine per te~tum per anrwm +nd to9ether w~tt~ such intaest shall be secured by the lien of tl?:s moryt~pe.
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