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THIS INOENTURE. Mad~ the 17th day of July . A.D. 19~_, betwesn
AMBRICAN HOMES & MOR?GAGE, INC., a Rlorid a Corporatioq
of St~, LtiC~@ C~~ry Flwida. F~l~OiM~iM desig~ated as the "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERtE, • cwporation orpani:ad ~r+d ex~sting unde~ tM IaNn of the U~ited Sutq of Americ~ +nd havi~p its principal plac~ oi
buuMSS tn tM Ciry of Fwt PiNCe, St. lvtie Couny, Flaida, herein~f~e~ detignafed a~ th~ "MORTGAGfE."
WHEREAS ths MORTGAGOR is i~stty indebted ro the MORiGAGEE in ths sum of = 32 ~~0~00 , good and lawiul money ot ~he Un~ted
Sfates advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a cerlain promis~wy note of even da~e herewith, of wh~ch the foilowing in
wordi and figores is a Irw copy, to~wit: 1~2~zQ~ +
s 32~000•00 Np
.
~ P~.~.. F~~;a,. July 17 19~3
fw value received, 1, we or either of us, promise to pay, without defalcation, to Ihe order of fIRST FEDERAL SAVINGS AND IOAN AS50CIATION OF '
FOAi PlERCE at Fat Pierce, Fb?ids, ~he aum of = 32 w~sh ~nterest irom date at the rate vi 8~ 2`!b pe~ a~num, in monthly install- `
~ 273 00 20th Octobex 73
\ ments u follows: S • on the day of , 19 and s like sum on the cwreapondinp day of each month there-
afier uotil the whole be fully paid.
~ Each ]nsullment first shall be applied in payment of the inte~est and then on fhe v~paed balance of the principal sum. If default ia msde in the
_ payment of any ins?allment wFxn due, and such default ca+tinves 30 days, then at the option of the holder, and without any othe~ notice, all the remaini~g ;
~„stallmcnts shall be due and payable at ooce. Privilege is given to prepay this note in whote w in part at any t~me without penslty. Neither fwebearance, ~
` 13.65 !
, nor acceptaoce by 1he holder thereof after any default in ~ny payments hereon, shatl be detmed extension. A late psyment charge of ; shall be
L added to each nurallment remsin'e~g unpa~d 7 days sfter its due date, and a like sum shal~ be added to each such iostallment ~emaining uopaid 7 dayi after ~
~ each s~cceeding payment da~c. }
~ Each make?, surety and endwser hereof, ;o~ntly and aeverally, waives demand, p~csentment protest and rtotice of protest fa nonpayment, and furthet
agrees to any eztension of t~me of payment, either belore a aftsr maturiy, witFaut notice to any of us; and to psy all costs of mtlectro~, includ~ng a
,r\ reasonable attaneys fee in the even~ of any defautt hercunder, and hereby severally waives ail benefit of homosfead and examp~ion onde~ tM cwut~tution '
• and laws of each State of ~he United S~ates, as aga~~st this obtigation w any extenseon a renewal hereof.
w~~neas the hand ar~d ual or ~~n ~~rY. A1~RICAN HON~S b MO~RTGAGE, INC•
(SEAU
Corporate Seal Affi~oed By; S/ Williaa A. Anderson~ Pres~nt
~ • ' ' cs~u
y-, ATTEST: S/ Verna L. Andersoa, Secret~,~
y t 48.00 ) State Revenve •
(Sta~~. MwwYsi M ~ir~l.n~t~)
NOW, THEREFORE, the MORTGAGOR fw the purpox of securing psyment of ssid sum of S 32 t9~ . ~nd the performsnce of tM
covenants ~nd agretments hereinafter eapressed, ~nd (or divert good ~nd vslwbk considerations, by fMse pesents, doea grant, barDain, sell, remise,
i
re!eau, convey and conf;rm unto the MORTGAGEE, its succeuws snd auigns, alI lhat certsin 101, pieu or parcel of land, sit~ste, lying, a~d b~inq in tM
~a,~~y ~ St. Lueie ~ and State of Flaids, dew~bed ~s tollows: `
F
L.ot 1~ Block 174~ LAKEWOOD PARK, UNIT 12A~ as per plat thereof
on file in Plat Book 11, pages 35, 36 and 3~, of the public
records of St. Lucie County, Rlorida
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s~_ STATE oF FLORIDA ~ e*'~`''E`~~~~~~ `
o= ~ DOCUMENTARY,p•°-:::;~STAMP Ir.X ~ / `~~~~OF ~g1~• `
OEPT.OF REVEIUUE •r= ~ (9 S ~
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~ fogether with all snd singular the tenements, hereditaments and eppurta~ces ttxreuMO belongirg or in anywise appert+ining thereto, and ~II renb, iuws,
~ p+oceeds and profib accruing and to accrue from ssid premises, all of which sre included in the above and fwegang descriptan ~nd habendum.
TO HAVE AND TO HOlO the sbove described and graMed p~emisea uMO ths said MORTGAGEE, its suuessors snd assiqru fwever. Md fh~ pid
~ MORTGAS'sOR or itS hei~i, executws, adminisrratas and assigns, hereby covenann with ths s+id AhORTGAGEE, its suoasson and auipro,
; that lt ~5 lawfully uized of the said premiset in fee simple; th~t the s~me sre free, ckar ~nd discharyed from all liens and ~
~ brances in law or in equity, ar+d thst lt w;tl and it5 hein shal~ warrant end defend ths titls to the ssme to ths s+id
MORTGAGEE, its successas arsd suigns, fo~ever sgainst the lawful ctaims and demarnls of ~II persau;
pay unto the MORTGAGEE the promissory note herei~before dex?ibed snd sFwll trvly, promptly
PROVIDED, ALWAYS that if the MORTGAGOR shall
and f~lly perform, dixMrge, execute, compkte, canply with snd sbide by each snd every tlx stipuiafiaa, agreements, conditions and covenan» of said
promissory note snd of this Mortgage, then thi~ Mortgage ~nd the Estste hereby ve~ted shsl) cease and be nu0 ~nd void.
r IT IS UMDERSTOOD that fhe wwd "Mortg~gw" whethe? in the tingular a plvra) ~nywhere i~ this Mwtgsge, shall be singular if one onty and
~ shall be plural jointly and severally if more than one, snd that the wwd "their" ~s used a~ywhere in this Mortgsya shall be t~ken to me~n "hit;' "hen," ;
or "its;' whe~eve~ the context w implies w edmits. Also, that whe~ever thcre is • referente in the coven~~ts ~nd sgreements hsrein coM~ined to ~ny of ;
; the parties hereto, the s~me ahsll be construed to mean as well as the l~eirs, (eyal r~presentativei, wccesson ~nd auigro (either voluntary by att of 1fie
° parties or involuntary by operation of the law) of tFro same and that Ihe corenants hereio contained shall bind ind ~I~e benefin usd advsnr,yes iewr•
i ro the respective heHS. Icgal representatires, sucusson and au~gns oE the parties hereto. - .
And said N~ortgagon, for themselves snd their heirs, legal representatives, successon snd assiyns, hereby jointly and teverslly cover?~nf and ayree
to snd with the said MORTGAGEE, in succesao~s and sssigns:
1. To pay all snd sing~lar /he printipal snd interest a~d the varioui and sundry wms of money payaWe by virtue ot said promissory note, and thn
mortga9e, each and every, promptly on the days respectively the iame severally become due.
- 2. To pay +11 and singular the taaes, sssessments, lnvies, IisbiliY~es, obligatrons a~d encumbances of every nature and kind now o~ iaid described
prope~ly, w that hereafter may be impoied, avffereA, placed, levied, a assessed thereon, w thst hcreifter may be levied o~ assessed ~pon this Mony-
q age. a the indebtedr+ess secured hereby, each and every, when due +nd psy~ble, stcwding to law, beforo they become dtlinqveM, ~nd befor~ arry/ iMeres~ .
- a+taches w any penalty is intu~red; AND iN50fAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATISftED AND DtSCHARGEa OF
RECORD AND THE ORIGINAI OffIUAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX REtEIPT OR THE SATISFAGTION PAPER OFFICIALIY ENppRSED
a CR CER7IFIED) SHAII BE PlACEO 1N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event tMt srty the~eof is not
paid, saYsfied and discharged sa:d MORTGAGEE may at any time p~y the tame a any parf thereof withovt waiving p affedinQ ~ny option, lien, eq~ity or
' ~~qht under or by virtve of this morrgage and the full amou~t of esch and every such paym.em shall be immediately due and payable and il+all bear interest '
; ~
~~om the date thereof vMil paid at rate of nine per tentum per annum an~fpe~ suth inteA~l be secured by the (ien of fh:s moty~p~_
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