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THIS IkDENTURE, Nl~d~ tM 21'1d day of Auflust ~ , A.O. 19~., b~tw~m
~ . 1 ~
- Ja.~S AaIIIBSF~ZZ *+d L; Ilie Ms~ Barnec~ hi• rif~
of SL• Lt~CiB Cow~ty Fiwid~, 1?Keinah~r d~sipnatd ts tM "AAORiGAGOR," +nd fIRST FEDERAL SAVINGS AND IOAN
ASSOCIA110N OF fORT PIERtE, ~ corpwaYwn o~y+N:~d ud existinp w~d~r IM lavw of th~ Uniqd S~a~a of Amerk~ u?d havinp iri princlpal plat~ of
bv~in~u h tM Clty of Wtt PiKt~. St. luci~ Courtty. Florida, hereinafi~t d~sipn~ad as th~ "MORjGl1GEE."
WNEREAS tM MORTGAGOR h jwtiy ind~bt~d 1o th~ MORTGAGEE in fh~ wm of ~ 12 , pood ~~d lawf~t ma~y of ths United
Statq adv~nced by ?M MORTGAGEE unfo ths MORTCaAGOR, u~vids~ced by a catain promiuory noN of even date Mr~witFy of which th~ folbwinp k+
wwds ~nd fi9urq b ~ trw topy. to-wit:
~ 12.SOU.00 Np 100202Tri.
FoN PHra. florid+. AU9l1St 2 197.a~._
fw v~iw received, 1, we or either of us, p?omise to pay, without def~lcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIA?tON C?F
FORT PIfRCE at forT Pierce, Florida, the wm of ~ 12 • r with interest trom date ~t tM rate o}~ • 9 °,6 pe~ anrt~m, in rqunihly instal}
ments as foAaws: ~ 113.~ on tFaZOth day cf Septesber~ ~y 73 ~~J ~ ~~ke sum on the correspa~diny day of e~ch ma?.h tF~r
after uroil the whols be fully paid.
Each i~staliment ii~st thall be applied in p~yment of ths interest and the~ on tM unpaid b~lance of ths p?incipal wm. If def~ylt is msd~ tn tM -
payment of any installment when dw, and such defauh contin~xs 30 d~ys, then at the option of ths ho{da, s~d without ~ny other notice, ~U the r~ry»ininp ~
~nstsllmenn shal! be dvs and payabk ~t once. Privileye h qiven to prep+Y this note in whole w in part at any time witho~t peeatty. Neith~i forpbauarya~'i
nor ~cceptance by the holdsr thereof aftcY any default ie any psymenn hereo~, sMll be deemed extension. A i~te payment charye of ~ S. bS ~p ~
added to each instaliment remaF~inp ~npsid 7 days after Iri dw dat~ and a like sum shall be added to each such instaliment ranaininp unpaid 7 days ~ft~t
each succaedi^9 WYment date. -
Esch m~ke~, wrety a~d endorur hereof, joinNy and sev~rslly, waives demand, presentment protest a~d ratice of p?otest for nonpeyment, ~nd furtht~
agrees to sny ~xteasion oi time of psymeot, either before or sfter matwity, wirhout notke to ~ny of us; and to pay all costs of collection, i~ciudinp a
reasonable attormey's fee in the event of any default hereuodet, ~nd Mreby saverally w~iva ~II benefit of homestead and examption under the cantitutto~
and lawa of each St~te of 1M U~ited States, as against this obiigation w any extensan or renewal hereof,
Witness the hand u~d se+l of each parfy.
s/ Jaaes Barnes, Jr. ~
(s~?U
(s~?q
s ie e Barnes ~
~ $ 18.75 ~ Stat~ Revenue
c~+~ ~.n.d ~ ~.~~.r .
NOW, THEREFORE, the MORTGAGOR for the purpose of secvring p~yment of ssid urm of = 12 ~0 , and ths pe~forma~ of th~
covenanq ~nd aprecrr~enti hereinafte? expresscd, and fw divers pood and wlwbb conside~atioos, by thssa pretents, doe~ yrant, b~r~ain, sell, remise,
releese, convey and confirm unM tM MORTGAGEE, iri avcteuws and auigns, all tM1 certain lot, piece or pucel of I~nd, situate, lying, end beirg in tht
Gcwnry of St. L'yCi@ - aod Stat~ of Florida, dewib~d ~s follows: ~
~
The North ~ of Lot 3 in Block 127 ot a Re-Subdivision of Blocks ~
113, 224, 127, and 128, Garden City Faras Subdivision in Sectfon
5, Towriship 35 South, Range 40 Bast, according to the Plat of
- said Re-Subdivision recorded in Plat Book 8, at Page 3, of the
• Public Records of St. Lucie County, Floiida,
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s together with all snd singul~r the tenemenb, hereditamenn +nd app~n+nces tl+ere~rnro belongirg a in anywi~e appertalninp therefo. ~nd all renb, issues,
E proceeds and p?ofin uuuirg snd to acuw from ssid premises, all of wFi~ are included in the sbov~ snd forepoiny description and habei+dwn.
` TO HAVE AND TO HOLD the above ~kwibed smd grsnted premises unto the said MORTGAGEE, its wa~swn ~nd'aui~ro fw~wr. Md tht wid
' their
~ MORTGAGOR for heirs, execvton, sdminatn~ors snd auiyns, hereby covenanb wHh tht said N10RTGAGEE, its wa~sso~s and assipns,
4 that tha~v aro lawfully seized of the taid premises in fee simple; tl?~t tM sama u~ h~s, ckar and dischsrqed from ~II Ilero and encun~
~ brances in law or in equity, and thst 't~'1Q.}L will and thQit' f~ein shall wsrwnt ~nd d~fe+sd tIw titb ro the saerw fo !Fw sald
Z MORTGAGfE, iri sucteswrs and auigro, faeve~ againsl tM Iswful daims ~nd demands of all penoro=
; PROVIDED, ALWAYS thst if the MORTGAGOR ~hall pay vnto the MORTGAGEE tl~e promisswy not~ htreinbefore desuibed and ahall tnily, promptly
and fully perform, dixMrge, execute, complete, comply with and +bide by e~ch snd every the atipvl~tions, ayreemenb, cw~ditions ~nd coven~nls of said
i promissory note ~nd of this Mortys~e, t1~+ this Mortgpe and the &tate bereby ae~ted ~all ceas~ and be rwll ~nd void.
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iT IS UMDfR5i00D that the word "Mort9sgor" whether in the tingular or plural ~nywiwr~ in this Matyayt, sh~ll b~ sirgvlu if or?~ only~ and
r shall be plural jointly and severally if more then one, u+d that tM word "their" ~s used ~ny~wh~r~ in fhis Moriyaye sh~U b~ f~ken to rtwan •'his,•••'hen"
or "its;' whereve~ the conte:t so implies w admin. Alao, that whercver there is a r~le~ence in tha oownan» and aprsert~ents her~i~ oonta'uNd to sny of
the puties hereto, the sarrw ~hall bs construed to mesn ~s well s~ the hein. 1e9~1 representatives, aucauon and auipru (eith~r volunfary bp ~ct of th~
i parties o~ i~voluntary by operatan of the law) of the same ~nd tMt the coven~~ts hertin oontai~ed sMll bi~d ud tM be~sf+b a~d advantap~s Mw~
~ to the respecrive he'wi, k9al representatives, successors and ass?yra of the psrti~s hereto.
; Md said Mwtgsgon, fw themxlvd and their hein, lep+l representatives, succeuors and sttiyns, hereby joinlly ~nd seve~~lly covenaM ~nd apr~e
to and with the faid MORTGAGEE, its succeswrs ~nd ~ssiyro: ~
~ 1. To p+y dl and iu+putu tF+~ principal and intaeat ~nd the various and sur?dry wms of monty pay~ble by virtue of ~aid promiuwy note, and tha
mortpaye. esch and ~very, promptlY on ti» dsys respectively ths same sererally becwn~ due.
- 2. To p+y all ind sirgvlar the taxes, assesunenb, kv'~es, liabilities, obliyatio~s ~nd encvmbranc~s of every n~twe and kind oow on said desaib~d
~ p~op~rty, w that hereafter maY be imposed, suffered. P~aud, levied. or assessed the~eon, a tMt hereafter may b~ levied a as~ea:ed upon tIJ~ Morq-
r sge, a t}~s indebtedneu secvred hereby, each and avsry, wMn due and p~y~bk, aawdirg ro law, befon they becane delinqwnt, ud befw~ u~y int~res~
c attachss w any pen~lry is i~curred; AND INSOfAR AS ANY 1HEREOF IS OF RECORp THE SAME SHAII 6E PROMPTIY SATISFIED AND DISCHARGE~ OF
RECORO AND THE ORIGINAI OFfIC1AL ~OCUMENT (SIKH A5, FOR iNST/tNCE, iHE TAX RKEIPl OR THE SATlSf/1CT10N PMER OFFICIALIY ENOORSE~
OR CERTIFIEO) SHAII BE PlACEO tN THE H/1NDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; aed in the ~vent that any thenOf is not
paid, saYsfied a~d dischuged said MORTGAGEE msy st any time pay tF~e ssme w any paM thereof withow waivinp w affectirg any option, litn, pvitp or
i •iQht under or by virtve of this morrgage and tF~e ful! amount of exh and every suth p~yment shall be immediately due at+d pay~bk ~nd sFull bear iMKtst
: ~•om the date thereof until p~id at rate of nine per centum per annum ~nd topether with such inte?ett shall b~ sec~red by ti~t lian of tF~:s moryta~.
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