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THlS If~ElJTIJRE, INade ? 17th d,y ot August A.D. 19~~ ~~W.~~
Joh~n Shipley an Sheila Sh pley, h s w fe
vf S,t. L.LICli.' Cpin~y Fbrida, hereinafra d~signated ss the "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO IOAN
ASS~OCIAitON Of FOQT ?IERCE, • corpwarion orga~is~d and txli~inp ur+da the lawt of tM United Stat~t of Amaiu and havirg m princlpal place of
b~we~ss iw tM Gql of Fon Pwrce, St. luca ~ounty, Florid+, hereinaf~er desiynatsd th~ "MORTGAGEE."
1MI~Rf/lS tl~ MORTGAGOR is justly Fndebt~d ro tM NIORTGAGEE i~ the sum of = 21 • 3~ good +nd lawtvl monsy of the l~n~fe,d
Srates ad,.anced by the AAORTGAGEE unto the MORiGAGOR, as evidenced by a certain promiuory note of even date herewi~h, of wh~ch ths followin~ in
21 ~ 300.1J1) a t~w copy. towit: r_~ . .
71MA1 CS
• ~ • { , ~ NO
" Fort Pisru, Flwcd~, August 1T ~ ~ ~q 73
For rdue recei.~ed, we or either of us, pom~ss to pay, withoyLdafalcat~on, to the order of FIRST FEDERAI SAVINGr~S~ ~.ND IOAN ASSOCIATION OF
FORT PIfRCE at Fort Pierc~, Florida, the sum f 21 3~ with inte t from date at the rate of 8• 7' Xs pat annum, in monthly install-
as fa:ors: = 189' ~ on the ~ t day of Novem er ~9 ~~d a like sum on the cwrespor+d~ny day of each month there-
af+er unril the wlw~e be fuly pa;d
Eaci~ ~rntallment f"va~ shall bs applied in payment of the i~terest and the~ on the unpaid balance of the prinupal sum. If default is made in tha
Faimem of a~ey irWallment when dve, and wch default continues 30 days, then at ths option of the holder, and without any othet notice, sll the remaining
:~utai~menes shail be due and payab:e at once~ Privilege ia given ro prepay this note i~ who!e w in pari at any time without pena~ty. Neither forebearuue,
nor acoeptx~oe by Me holder N,~reof after aoy default io any payments hereo~, shall be deemed extension. A late paymeM charge of s 9. 45 shall be
ad~ed ta exh irotatlment remaining unpa~d l daya after ib due date, and a like sum shall be added to each such instaliment remaining u~paid 7 days ~ftcr
eath s~xaetdb+9 WY+*~*rt dsta - _ _ _ _ _ _ . - - . - - - - - _ _ _ _ _ _ _ _
_ - - - -
Es~ mskiv, swrsy sr.d rnderser tsertof, jan!!y u~d severslly, weivcs demand, prrsenlment pralat 3nd notIte of Frotes! for nonpayment, end kxfher -
ag.ees q sery actension of t~me of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a
reasonabie attorney's fee in ttx event of am defwlt hereunder, and hereby severally waives all benefit of homestesd and exemption under the constitut'ao
~ iaws of eacl? Srate of the United States, as sgainst this obligation w any extension o? renewsl hereof.
vr;t~„ ~~a ~a ~i of ~h ~.r,,. S/ John Shipley
(SEAU
(SEAU
S/ Sheila Shiplev ~u
$31.95 «
~ ~ u~~ Q~~
NOW, THEREFORE, the JNORTGAGOR fw the purpose of secvring psyment of said sum of S 21 and the pcrformance of tM
cnvenaeus ard a9reemenb he~einafter expressed, and fa divcn good and valwble considerations, by these prescnts, does gr~ni, baryain, sell, remiu,
•e:eas~ oonvey and oonf'u~+~ u~b Jhe MORiGAGEE, its wcceuors and ~uigns, atl that certain lot, piece or pucel of land, tituate, lying, and being in the
~~y ~ $t . Lt1C1@ and Stste of Florida, dewibed as follows:
Beginning at the Sou~h East Corner of the South West 4 of the South West ~
of the South West ~ of Section 9, Township 35 Soutti, Range 39 East; Ga
thence West along the ~ Section line a distance of 201 feet to a point;
thence run North at right angles to said Section line a distance of 225 feet
to a point; thence run East a distance of 201 feet to the 4 Section line .
of the herein described property; thence run South a distance of 225 feet to
the point of beginning.~/
The above described property constituting 1.04 acres in the South East
corner of the above described property, said parcel subject to easements on
; th~South bounda?ries for ingress and egress.
~ .
S
~ oF ~L.ORlt~A~
" STA~"E o IN PAYMENt OF tA~
~ " DOCUMENTARI'.~'
:;iSjA~
T ~ ; q~IYEp -
~ - flE~`y~+uE . . ~ ot~ a+ cuss ~c ~rR~~cie~E e~ss..~,~ ~~n. -
~ c - =:;_P241S ~ 3 9 51 w~T To ~.~'t~ 71-13a. 1b:(S Oi 1911. ~I~i
~ _ _ l,y, - ~ = ~ ~ ROCER POITRA~
^ o= u~o2 , ~p~( CIRCUIT OOURT, ST. tlIC1E 00. ~
roge~her wid~ ap and yingular the ~enert~enri, hereditamenb ~nd ~ppurtances thcreunto belonging or in aoywise ~ppertsining thereto. ~nd al) renn, iuws,
~rooeeds and prafin xwing and to xcnx from said premises, sll of which ue included in the above ~nd faegarg dewiption and habendum.
ip HAVE T4~ rhe above desc•ibed and gnnted p~emises unto the said MORTGAGEE, iri succeuon and ~uigns forever. And ti» said
~ 1110itTG~(,'OR for~e-- hein, executors, admi~istratws a~ assigns, hereby covenanb with the ssid MORTGAGEE, its suuesson snd auipm,
~ ~~h@y are ~~~ty se~zed of the said p?em~ses i~ fee iunple; tMt the same ~n free, clear and dischsrged from all liens snd enc~
~ ~~s ~~t they W~~~ thei r hein shall warrant u~d defend the title to tFie same to the said
~ aMOQTGJIGEE, ds wccesso?s and assgru, faever ~gairat tF~e lawful claims and dema~ds of all persons;
-
- PROVIOED, A1WAY5 tF~at if the MORTGAGOR sh~ll pay unto t Ah0 t promissory ~o e em ae w~ a
- u,d fvily per~orn~, etsd~arge, e~cecutr. comp{ete, comply with and sbide by esch and every the stipulations. ~greemenri, ca?ditions and covenanri of said
~ pnm:ssory no~e and of this Mwtgsge, t1~en this Mwtgage and the Estate hereby veated shall cease and be null •nd void.
~ R 1S IArDERSTOOD that the word "Mwt9sgor' whetFkr in the singular w plural ~nywhcre in this Mortg~ge, shall be singulu if one only and
shall be pw+r~l jointly and severally if more tha~ one. a~d that the wad "?heir" ~s used ~nywhere i~ this Matg~ge sh~ll be qken to mesn "his: ••'hers
or id„" vrherever the cantact so implies w a~nits. Also, that whereve~ there K a reference i~ the coven+~ri and agreemenb herein cantained to any of
x' she parties trcre~o, the saine shall be c«anued ro mean ss well as the hein, le9al represenqtives, successon and +ssigm (eithe~ voluntsry by atl of the
~ pa~ties a invohxaary b~r operation of the law) of the sune and that the covenants herein contsined sh+ll bind snd ihe benefiq and adv~nbges inw~
~ ro the respect}v~ hein„ kyal representatives, successors snd ass~gns of the parties hereto.
~ Md said Mortys~on„ for ti~emselves u+d their hein, legal ~epresentafives, successors and auiyns, hereby jointly snd severally covenant and ~yree
ro and wi~h ~he said MORTGAGEE. its successon and ~uigro:
3~'
~ 1. to p~y all and sinyvtar the p~incipsl and inte?est snd the vsriovs and sundry wms of ma?ey payaWe by virtue of said promissory note, and this ~
~ morg~ge e~d~ and etiery, promptly an the days respectively the same severally bccome due.
2. To p~ a9 and s"sgular the h:es. sateumenri, levies, liabilitics, obligaYam and encvmb+nces of every nature snd kind now on said deu~ibed
property, ar thM hereafter may b~ imposed, wffered, placed, levied, a auessed thereon, a tMt hereafter m~y be fevied or ~:sessed upon this Nbrt9-
age, ar the i~debeedness seowcd hereby, sxh +nd svery, when due and payabk, accordinp to law, befwe they become dsli~queM, and before any interest
~ a't~hes or a~ry penalty is incwred; AND iN50FAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SA~ISfIEO AND DISCHARGED OF
RKOitO AND THE ORiG[hAt OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISfACT10N PAPER OFFICIAItY ENDORSED '
OR CFRTIFlED) SHALL dE PIACED IN THE HANOS OF SAID MORTGACaEE WITHIN TEN DAYS NEXT Af1ER PAYMENT; a~d i~ the event that sny thcreof a not ?
~a~d, sat sfied and ~sct~srged sa'd MORTGAGEE may st a~y time psy thc same w any part thereof without waiving w alfettinp any option, lien, equity a
k~ •~qM unde? a bp virtue of this mongage and the full rn+ount of each and every such payment shall be immediately dve and p~yabie ~nd shall bear interest
~ j.om the date rF~ereof unt;1 pa:d at rate of n~ne per centum per annum and toyether w~tb s~ch iMere s 11 ured by the lien of th:s motyta9e.
~ ~ao ~~~E~Sfi~
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