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THIS IN~ENTURE. Mad~ the lOth day of `July , A.p. 19 73 between
_ ' Peter M. l.eaming aad B~enda E. Leaming, his wife
of SL t l..llCl@ , ~~~~y Florlda, haeinat~q,~s'~ynated as th~ "MORTGAGOR," a~d FIkST FEUERAI SAVINGS AND LOAN
ASSpC1ATION OF fORT PIERCE, • torporatio~ orpanized ~nd existiny ~t?der,llk la~ d'~thil;Unit~d Sl+qs of /lmeric~ and Mvi~ in principal pla~e of
busineu in th~ Ciry of forf PiKCS, Sf. Luci~ Covnty, Flaida, he~elnafur dei~pnst~d ~s tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jvslly Indebt~d ro th~ MORTGAGEE it~ Na sum of ~ 30i 100• ~ good and lawful mw~ey ot the United
States ~dvanced by the MORTGAGEE unto the MORTGAGOR, ai evidenced by ~ certain promissory nots of even date heraw+th, o( which ths followir~ in
wwds and /i9urss is a/rw copY. to-wit:
s 30,100. 00 10Q203 59
fo?f Pierc~, Flwida. .July 10 10_~_ ,
For valve rcceivcd, 1, we w either of us, prom~se to pay, without defalcatio~, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSGCIATIO~! OF ~
FORT PIERCE a~ Fwt Pierce, Fiorida, fhe sum of s 3O ~100• ~ w;th interes~ irom date at the rate of a• per ann~m, in i+sonthly instetF
~n~~ts aa (ollowa: i?-..~3:00 p~ 20th d,,,,f _g~tober , ~9
73 and a like sum on the cor~espond~ng day of each monfh tMre-
af!e~ untit ~he whole be fufly paid.
Each insrs!lment fi~at shall bs applied in payment of the interesl ~nd Ihcn on the onpaid balsMe of the p~incipal wm. If default it msde in the
payment of any inatallment when due, a~d such defauh continues 30 daya, then at the option of tha holder, and without any other notice, all the remaining
instatlments shall be due and payabte at once. P.ivilege is given to prtpay lhis note in whols or tn part +t ~ny time withoul per?alty. Neither iwebearant~, •
nor ac~eptance by the ho~der thereof afte~ any default in any paymsnts hereon, shall be deemed extension. A late payment charge of = 11~65 shall bs
added to each installment remaining vnpaid 7 days after its due date, and • like sum shall be added to each auch installmrnt remaining unpaid 7 d+ys ~fttr
eath s~ctecding payment date.
Each maker, surety and endwser hereof, joinrly and ~everally, waives demand, p?esentment protest and notice of protest fw nenpayment, and fu?thet
agrees to any extension of time of payment, either before or afte~ maturity, witfiout notice to ~ny of us; snd to pay sl) costs of collection, includ~ny a
reasonable attwney's fee in the evenl of any defauh hereunder, and hereby severatly waives aN benefit of ?amestead and exemption under the tonstitution
a+~d laws of each Siate of the United States, as against this obligation or any extension w rcnewal 1~ereof.
Witness the hand and seal of each party. - t
S/ Peter H, i.eacuinq ~~u
csEwq
(SfAI)
S/ Brenda E, Leaming
~ $45.15 t State Revenua
Esa~s3~r~s+~M~isai
NOW, THEREFORE, the MORTGAGOR for the r se of stcuri ment of said sum of S 30 l~~ ~
W Po ^9 WY • • . a~d the performartce of ths
cove~ants and agrecmenb hereinafter expreued, and (or divers good ~nd valwble considerations, by these ptesents, does grsnt, bar9ain, sell, remise,
release, convey arxl confirm unto the MORTGAGEE, its succeuors and assigns, all that certain lot, piece w putel of I~nd, situate, lyiny. aod beir?g in ths
County of SL . L11C1@ and Stat~ of fb?ida, described as followt:
;
Lot 29, SHERWOOD ACRES~ UNIT ONE, as per plat thereof on file in
Plat Sook 14, Page 43 of the Public Records of St. Lucie County,
Florida.
~ ;
~ oF ~ s~Rp~R ~
- ~T A~ ~ ARY ~ C~
p~~)MEN KuE
~ c ~ FA,:`~_!i~ UF iAX~
s .
"x ~ pEPt• E ; J' ~ J ~ f~;~ ~,q ~N y-kS~;'.i;;L PfiU?~FT' :
" 19'73 { ~ ' IhtA'~G..lf
=r. ~s, ~ r r•rt ~ pt~ ~iiSS ~G 71-1y1. GF l~)1 ~ C ;
~ Pi-r ~~j TO ~~f~
; ~~~oz . . ~~t POT[TJ~
~ ° " ~ WRq117 ~1RT, Si. L!1Ct~ ~
I' together witb all snd singvlar the tenemenh, hereditamenh and appurtances thereunto belonging w in ~nywise spperfsin{n9 therefo, and ~H renb, iuves,
proceeds snd profits accruing and to scvue from said premises, all of which ue included in the above snd foregoing description and habe~dum.
TO HAVE ANO TO HOID the sbove dewibed and 9r~nted premises unto ihe said AhORTGAGEE, ib suaetsors and assigns foreve~. Md tht said
' their
MORTGAGOR fw hein, executas, administr~ton and assgns, hereby covenant~ with the ssid JNORTGAGEE, iq succeswn and aui~ns,
rhat _ the~aZ@ ~awfuU seized of the wid
y prem+us en fee s7mple; that ths ssme are free, clear ~nd dixharyed from ~II liens ~nd encvrr~
brances in law w in equity, and that t~y will and their heirs shall warrant ~nd defend the title to tl~e s~me to tht taid
MORTGACaEE, its successws and auigns, fwever sgainst the lawful claims and ckmands of all persan;
PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MpRTGACaEE the promiswry note hereinbefore dswibed ~nd sh~H huiy, promptly
and fvlty perform, discharge, execute, camptete, comply with and abide by each snd every the stipulatioru, agreement~, condiYwna ~nd covenanq of s~id
promissory note and of this Mongage, then this Mortgage and the Estate hereby ueated shall te~se and 6e null and wid.
IT IS UNDERSTOOD thst the wwd "Mortgagor" whethcr in the singular or plursl anywhere in this Matgsge, sl?~II be singulu if one only ~~d ~
shall be plural jointly and severaUy if mwe thao one, snd that the word "their" a~ used anywhe~e In this Mw?gage shall be talcen to meae~ "his:' "hen: ~
or "its;' wherever the confext so impliei or admirs. Also, thst wherever there is a reference in tF~e covenann ~nd apreements herein cont~ined to ~ny of ~
the parties here% the same shall be consrrued to me~n ss well as the hein, legal representalives, s~?cceswn and suigm (eitl~er voluntary by act of the ~
er
parties or involuntary by ope~ation of ths Iaw) of the same and that the covenants herein contained shall bind and tM benefits and +dwMSges in~r~ k, ~
to the respective heirs, legal rcpresentatives, succeuors and ass~yns of the psnies hereto. a
And said Mwtgsgo~s, fw themselve~ and their heirs, Itgal represeMatives, ~uccessws ~nd ~uigns, he~eby jointiy and severally covensnt •nd spree ~
to snd with the said MORTGAGEE, its successon and assigns: t^
Md
1. To pay all snd sinpular fhe principsl and ime~est snd the wrious ~nd sundry sums of money payable by virtue of said promissory note, and this ~
matgage. each and every. promptly on the days respettively the same sever~lly become due. A a
,r~j
2. To p~y ~II and si~gular the tsxes, assesunents, levies, liabilities, obligatioro and encvmbrances of every ~atwe and kind now on said dewibed aQ
property, w that hereaftsr may be impoad, suffe?ed, plxed, levied, a ~uessed thereon, ot th~t hereafter may 6e levied p auessed upon this Mort¢ o"
age, o? tM indebtcdnes~ secured hereby, each arx! every, when due ind paysble, according to Isw, before they become delinqueM, and befw~ ~ny interest ~`4
anaches or any penalty is incurred; ANO tN50fAR A$ ANY THEREOF IS Of RKORD 1HE SAME SHAIL 8E PROMPTLY $ATISFIED AND DISCHARGEO Of
RECORD AND TME ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENpORSED
OR CERTIFtED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event thst e~y thereof is nof
paid, sat'sfied and discharged sa:d MORTGAGEE msy at any time psy the same or any part thercof without waiving or sffetti~ any option, lien, equity w
•~qht under or by virtue of this mortgage and the t~ll amovnt of each and every such payme~t shall be immedi~tely d~e and pay~ble ~nd shal) b~ar interest
~.om the da~e thercof until ps~d at rate of nine per tentum per annum and toyet}rer w~th such interef? ~ha!! be secuted by the lien of th:s mor~tayl.
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