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TH1S INOENIURE, AAatk th~ 1~H ~y of AuL~u8L A.O. 19_73 , between
_ William V. Smith and Je~,nette P. Smith ~ his wife
of St• ~'uCi@ ~p~~~y Flor;da, M~uryftK dnig~u?ed as tM "MORTGAGOR," snd iIRST FE~ERAI SAVINGS ANO IOAN
• ASSOCIATION Of fORi PfERCE, • cwporatio~ or~a~ised ~nd ex~:rinp w~dK ~A~ !a„vs ot tM Uniad Su~p of Arnaic~ aad Mvirg ib prirxipal pl~c~ of
_ busin~u ie tM City of Fort PiKU. S~. luci~ County., Flwi~la, herein~fta dpiQnated as th~ "MORIGIIGEE."
1 WHEREAS 1M MOitTGAGOR is '~itl u+dsbtsd to th~ lMORTGAGEE in the sum oi ~ 28 s~QO~ O~
i Y~ , good and I+wful money of 1he United '
Ststes advanced by 1M MORfGAGEE unto the MORTGAGOR, as evidenced by a certa~n p~omiuory rw~e of eren date herewith, of wh~ch ths followiny tn ,
wo:ds a~d figur~s is • trw copy, to-w;L- ~ ~ , _ _
28 000. 00 3f '
, ~j. s ~ - ' ! ~ . ~ 2002032?
' Fwt Pieru. Fiwid+. August 2 0 ~y 73
i ~ . •
~ ~ ~or va~u! reCe~vto. i, we w euner vi us. wmse i~ ..:c: - -t ~•4er ccncos~ cey~ure aun IAaN ASSOCtAT10N OF
~ w wr. _ ;
~ fORT PIERCE at Fwt Pierce, Florids, the sum o( S 28.L0~~ ~ ' - w;th interest trom aate at the rate of g' 7~ per aruwm, in morethly ins?all-
ments as follows: j231 pn the 2Oth d~y of ~C~~Z 19 73 u~d a like sum on the carespwxlinp day of e~ch month there-
~ af~er until the whole be fully paid. '
~ Each instsllmeM first shall be applied in payment of the interest ~nd then on the unpaid bal~nce of the princ~pal sum. If defsult ia made in the
payment of any installmcnt when due, and such defauh co~tinues 30 days, tAm at the option of the holder, and withouf any othe~ ratKe, all the remainir~
,nsrallments sMH be due and payable at once. Privilegs is given to prepay this rote in whole or in psn at any t~me w;thovf penalty. Ne~ther fwebearance,
* nor atceptance by 1he hokler ~hereof aft~r any d~fault in anY paYments hereon, ihall be deerned eatenaion. A late payment chsrge of ~1' sMll be
• added to each instal{ment rema~nioy unptid 7 days aft~ its dw d~te, aod a like tum sha~l be added tp cach such installment remaining unpaid 7 days after
~ each succeeding paymenf date. • f
~ Each maker, :ure and endorxr hereof, jointl and seve?sIl , waivea demand, ~
, ~Y Y y presentment protest and notice of protest fw nonpayment, and furthe~ :
~ agrees to a~y extens~on of time of payment, e~tF+e~ before w after maturity, without raYce ~o any of us; ~r.d to pay all costs o( coltection, irxlud~ny a i
reasonabk attorr~ey i fee in the evenl of sny def~ult hereunder, and he~eby severally waives all benefit of homestead ud exemptip~ under the constitut'an 3
and laws of each $~ate of the United Sfates, as against this obligatron w any extcnsan or rcnewal F+ereoi. !
~ Witness the hsnd and seal of Nch psrty. `r ~ `
i ~
cs~u i
} s/William V. Smith ~q
~ -
l~ Y
$42~00 s/Jeanette P.• Smith ~ ~
~ ( ~ State Revenue !
tsta~np~~e~n~t"er?1~sQ~~uit netA ;
28 QOO 00 ;
--AtQiAf..2HEREEORE.--the~A4(LTC~i~?GOR for the purpose_of secvri.~_pymem of s~id wrn of = ~ • . u~d the perforny~ce of th~ ~
covenaMS and agraemenb hereinaiter expreued. and fw divers good and-v`~1w6T~e ~~atwns, by`ii-+ese
prescnts; does'g?snt: bsrqafi+,- uN.-remise:- '
retease, convey ~nd conlirm unto the 1MORTGAGEE, ib tucceuors and ~ssigns, all that cetiain bf, piets or parte! of land, ~itwte, lying, and being in 1be j
Couny of St• Lucie and Sat~ of Fbrida, desa~bsd u fotlows: :
~
Lot 3, 31ock 3231 of PORT ST. LUCI~ FIARES2A PI\ES UNI? 2~ accoYding to the P~at ~
thereof recorded in Plat Book 16 at Page 37, of the °ublic Records of St. l.ucie ;
county, Florida, a
~
. . . . ~ o ~TAT~ a~ F SD
M~ ~ n > 1
OOC M~NtARY,' ` 1
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~e~ PA`ME~R ~ j~ ;
AE~fYED IhT~'iGi8lE PfR~u P~'R;r~ i
~ t0 C1~'lER 71•1~. ~5 0~ lyll. :
FOGEA POITWIS '
~ ~~yiT COURT. Si. U1C~E rA-. ~
rogether with all snd singulsr the tenements, hereditaments a~d ~ppurtances thereunb belongNg a in anywise appertain„g tFiereb, ~nd all renq, iuues.
proceeds and profin auruing snd to xvue from said premises, ~II of wh;ch are induded in the ~bovt ~nd fwe9oirg descriptan ~nd twbendum.
TO HAVE M! 70 jiOLO the above descr;bed and gnMed pemises unto the said N10RTGAGEE, its wccessors and suipro forev~r. /4~d th~ s~{d
IVtORTG GOR fw ~helY -~;n, executon, administrators ~nd as '
sgns, hereby co+~enar?ts wirh tfie said MORTGAGEE, its successors and auiprr.
fhat t e~ aIe - lawfully seized of the said premises in {ee simptr, that the s~me are free, cka~ ud discharyed from all lier?s a~d encunr
branus in Iaw or in equity. and thae thCV will a~d thei r he;n shall warrant and defend tht titk ro tMe wne ro tt~e aid
MORTGAGEE, its successors and auigns, forever sgairat the iawfui ctaims and demards at all perspn;
PROVI~ED, ALWAYS that it the MORTGAGOR sh~ll pay unro t1.e 1MORiGAGfE the promissoiy no~e hereinbefore desvibed snd shsll truly, promptly
and fully perform, dixM?ge, execute, compkte, comply with ~nd sbide by each snd every the stipulations, a~eemenq, conditions and ooven~nn of ~aid
promissory rate and of this Mwt9sge, t}~en this 11Aortgsge ~nd tF~e Estste hereby oeated shali cease and be nuN ar~d void,
IT IS UNDERSTOOD that the word "Mort9sgor' whether io the singuler w ptural anywhere +n this Ailortyaye, sMlf be sinpulu if one only ~nd
shatl be plural joimly ~nd severally if more th~n o~e, and that the word "theit"' u used anywhere in tF~is Mortysge sh~lt be t~ken to mean "h'a,•• •'hen; • ;
or "its;' wherever the context w implies or ~dmin. Alio, thst wherever ~here is a refe.ence in ~{,e co„en•nn and apr.emenn herein oonrained ro any o{ ~
the parties hereto, the ~arr+e shal! be corqtrued to mean is wetf as rhe hein, kyal npssentstives, successors and uigns teitl~er voluntuy by act of the {
panies w invduntsry by oper~tion of the law) of the same and that the coven~nts herein ca?tained si»II bind and the benefira snd advantayes inw~
to the respective he'us, tegal representatives, succeasors and au~yra of tl~e parties hereta
Md s~id IOtortgagws, fw themselves and tMeir Frein, k8+~ reWeseMateves, successors and assiynq, hereby jointly and severally covenant ~nd ap~ee
to and with the aid MORTGAGEE, it~ uxcessors a~d assigro:
1. To p~y all ~nd sinpula~ the principal snd interesf s~+d the varian ~nd wndry surns of nwney payabte by v;rtue of ssid promissory note, and tha
mortys9e, each and every, promptty on the days respectivefy the same sereraJly becwne due.
2. To psy all snd s'ngvlu the taxes, sssetunenq, kv;es. I'ubilit~es, obl~yations and encunbrances of every n~ture +rd kind now o~ said descr;bed
prope~ty, w that I~ereaher maY be imposed. suffered, placed, kvied, w ~sseued thereon, a tMt her~~Ner may b~ levied a assessed upa~ Nds Mo~rt~-
age, w the indebtedneu stcwed hereby, tad~ ~nd every, when d~e snd psysbk, aaordirg to law, befwe M~ey becoms de1'u~qvent, and befae ~?ry &»erest
attaches o? sny penaly is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SNALL 6E PROMPTLY SATISfIED AND DISCHARGED OF
RECORD ANO THE ORIGINAI OfflCtAl DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OfFICfAI[Y ENOORSEO
OR CERTIfiED) SHAtL $E PUICED !N ~HE HAMDS OF SAIO MORTGAGEF WITHIN TEN DAYS NEXT AFTER PAYMENI; and in the eveM thst ~ny tlroreof it not
pa~d, sst"sfied and dixharged sa:d MORTGAGEE may ~t any t~me P.y ~he ~«.~y p.n d,~.~ot without waiviny or affectirg arty opYron, lien, eqvity p
~~qht under w by virtue of this mo~tgage and the fu!( amo~n~ of each and every such payment shalt be inunediately dve and payable and ~l~a)! be~r inte~qt
~.om the d~te rhereof unril pa~d at rate of n~ne per centum per annum and toge~her w~th such irtt ed by t~~~of th:s mor9tape.
~8 O~~PACE ~t
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