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1HIS INDENTURE. AAadt the_ ~6Lh day of `~uly r' t~ N! A.~ 19 73 b~iw~en
l,~ffrev A. ~uo~ass and flianne L. Dou~laas his wite
of $t • WCi@ County Flaida, h~r~inaftK d~iigna~ed +s tM "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS ANO LQAN
ASSpC1ATION OF fORT PIERCE, a corporation w~anl:ed ~nd exii~~rg unda tM laws of tM Unit~d St~t~s of Mkric~ and Mvinp ih principal PIKf of
busin~u in tI?~ City of foA PiKC~, St. tuds Counry, Flaida, haearaftti de~i~na?ed tF+~ "MORTGAGEE."
WHfREAS tM MORTGAGOR is jwtiy {nclebt~d b th~ MORTGAGEE in tM sum of = 19 ~ 8OO! ~O _ ~ 9ood and lawful m«+ey of the Uo~red ~
States advanced by 1M MOR(GAGEE unio Ihe MORiGAGOR, as evide~ced by • ce~tain promiuay nots of aven date her~rvith, of which tht fdlowi~y in
i ordi a~d fiyvr~i i~ ~ aw copy, to-wit: ~ 1Q020~~3 ,
19,800.00
fort Pisres. Fiwida, JV ~lV 1~- 19~j. ~
For value receivcd, 1, we o~ either of v~, promise to pay, wilhout defalcation, to 1he o~der of FIRST FE~ERAI SAVINGS ANO IOAN ASSOCIATION Of
FORT PIERCE al Forf Pierce, Florida, the sum of s 19~800~ OQ w;th interest from date af the rste o1s ~ 25 96 pe~ snnum. ~~1 monfhty i~s~~tl-
ments u fo{!ows: 3 157• ~ on tha 2~h day of AuQ.V$t . 19 73 ~nd a like ~um on the carespo~d~ng day of each month there-
after uMil the whote be futty paid.
Each irtstallment first ihall be applied in payrrknf of the interest ar+d then on the unpaid b+l~nce of the princ~pal wm. If defwh is m~de in the
payment of any installment when due, and such defauh continues 30 days, then at the option of the holder, and wi~hout any othar notic., ~(1 the remaininq
~nsrallments shall be due and payabte sl once. Privifege ~s 9ivrn to prep+y this note io whole o? in pait ~t any time without penalty. Neither brebearance,
nor acceptance by the holdcr thereof a(ter a~y default irt any paymenrs hereon, shall be deemed extens~on. A late p+yment charge of = 7~ 85 - shall be
added to each installment remaining unpaid 7 dayi affer its due date, ~nd a like sum shall be added to each such installmem ~emaining unpaid 7 days ~her :
each succeeding paymem date. !
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Each makea, wrety and endasen c~~eof, joindy snd severally, waivd demand, prexntment protat a~d notice of prote~t fw nonpayment, ~nd funhef x
agrees to a~y extensia+ of time of payment, either before a afte~ maturity, without notice to any of us; a~d to pay all costs of collection, includ~~p a ;
reasonable attorney i fee irt the event of any default hereunder, and hereby severalty waives itt benetit oF hemestead and exemption ~nder the constitut~oe~
a~~d taws of each State o! the United States, as ayainst this obl~gation or any e:tension o~ renewsl hereof. '
%Virness the hand and seal of exh party. .
S/ Jeffrey A. Doug2aas
cs~?u
S/ Dianne L. 1'iouglass ~p
~ $29.70 ~ State Revmw . ~ '
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{Sramps uncell~d on oripi~l not~) ;
NOW, THEREfORE, the MORTGAGOR for the purpose of securing psyment of said sum of S 19 8~• ~ . and the performanca of th~
covenant~ a~d sprcamenrs hereinaiter exp~essed. +nd fa d;vers Qood and v+luable consideraYwns, by tMse presents,~ does grant, barpain, aell, remix, '
release, convey and confirm unto the MORTGAGfE, ib succeuors and auigns, dl that cerui~ lot, piec~ or parcel of land, utuatt, lyinp, and being ie~ tAe #
Couny of St. L11C~@ ~nd St~t~ of Flor7d+, described as fol{owt:
2he South 36.6 feet of Lot 4 and the North 26.4 feet of Lot 6~
91ock 3~ SU~RISE TERRACfi, A Subdivision according to a plat
thereof on file in Plat Book 5,_ Page 55~ Public Records of
St. Lexcie County~ Flozida
~ N STATE? oF FLORIDA 1 ;
cy o DOCUMEN ARY. .-..~STAMP TAX ~
oEPt. oF a~rEnuE • t ~ L,
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rogether with all and singular the tencments, hereditsments and app~rtsnces therevnto belonging or in anywise +ppertaininy thereto. ~nd aN rents, issues,
~ proceeds snd prof~ts sccruiny and to sccrve from s~id premises, all of wFiKh are included in the abov~ snd fae9oirg description ~nd habendum.
€ 10 HAVE AND TO HOID the sbove dewibed and ranted
g premiies umo th~ s~id MORTCaAGEE, its waesson and at~iQns forwa. Md th~ said
MCRTGAGOR for their ~~rs, executon, administr~fors and assigns, hereby cwenanb with the said MORTGAGEE, its suctessors and assiyM,
~ thal ~heY a'=e- lawfutly xized of t!x said premises in fee a+mp)r, tl~at tl~e same sre free, ckir and d'isch~ryed from all I'~em ~nd ancu~rr
i brances in law w in equity, arrd that they N,~~~ t~1Q1Z ~~~s w~rrant and defend the titl~ ro the sams to ths said
MORTGAGEE, its sucussors and auigns, faever eysinst the Iawful claims snd demands of all pe~wros
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: PROVIDED, AlWAYS thst if the MORTGAGOR shsll pay unto the AM1ORTGAGEE the prom'essory note hereinbefore de~cribed and sMtl trufy, prompNy
and fuliy perform, d~scharge, execute, compkte, compty with and ab~de by each and every the stipulatiorn, spreements, conditipn and aoven~nri of said
` promissqy note and of this Mortgage, t}?en thii Matysge ~nd ~he Estate hereby ve+ted shall usse and be rwll and void.
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= IT IS UNDERSTOOD tMt the word "Nbrtgagor" whether in tha singular a plural ~nywhere in thi~ Mwtgaye, ahall be sirgular if one only snd
shall be plural jointly end severslly if more tFNn one, snd that the word "their" as used anywhe~e in fhis Motty~ge shall be take~ to me+i+ "his;' "hen,"
or "its;' wFxrevn the context w implies or admits. Also, that wherever there is a r~ference in the covenanri snd a9reemenri herein contained to eny of
rhe p~nies hereto, the same shall be construed to mean as welt ss the hein, kgsl r~esentstives, sutceuors and as:igm (either voluMery by act of tF~e
parties a inrotunrary by operation of the Isw? of the same and that the covenaMS herein contsi~ed shall bind and ~he benefin and advmayea irnx~
` ro the respetlive hein, 1e9a1 representatires, successas and au~gro of the paA'ies hereto.
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And said Nbrtgagon, fo~ themielves and their heirs, legil representstives, successon and auigro, i~ereby joimly and ~everslly covenant ~nd agree
ro and with the said MORTGAGEE, iq successws a~d auigns:
s 1. To pay al! and sinpvbr ti,e princ;pal ind interest snd tF?e viriovs and sundry suma of money p~yable by virtue of ssid promissory note, ~nd this
~ morly~ge, each a+~d every, promptty on the days reapectively the same severaqy becane due.
? 2. To pay all and sing~lsr the tsxes. ~ssessments, levifs, liabilii~es, obliyations and encumlx~nces of every natwe a~d kind now on uid deiu+bed
~ p: operty, a that txreafta may be impo~ed, suffered, plxed, levied, a issessed tF~ereon, a that hereefter m~y be levied or uiesud vpon this JNort~- ;
Y age, or the indebtedneu secured hereby, esch snd every, wFien due s~d payable, accwdinp to law, before they become delinquem, and befot~ any ima~st
~ at~aches or any pcnalfy is incv?red; AND INSOFAR AS ANY THEREOf IS OF RKORD THE S/lME SHAII 8E PR01MPTtY SATISFIED AND DISCHARGED OF
; RECOR~ AND THE ORIGINAL OFFICIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFfCIALIY ENDORSED ;
~ OR CERTIFIED) SHAIt BE PIACED tN THE MANDS OF SAID MORTGAGFE WITHIN TEN DAYS NEXT AFiER PAYMENi; and in the event that ~ny thereof is not
; pa~d, sat"sfied ~nd d~xharged ss"d MORTGA6Ef may at any time pay the same or any p~~t thereof withovt wsiviny o? affectin~ any option, lien, eqvity w
•~qht vnder a by virtue of this mortgage and the full amount of each snd every such payment shsll be immediately due and payable ~nd sMll besr i~terest
~~om the date thereof until paid at rate of nine per centum per annum and toyetirer with such inte~est ~hall be secured by tix lien o4 th:s morytaQe.
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