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2643'73
THIS IN~MURF, Mad~ i~th day of - ~~~~r A.D. 19 T3 between
Jamea R. Maley and l+Iargaret Maley, his vife
af St. T~C~$ ~p~nq Flo~ida, h~reinafter de~ignated as~hi "MORTGAGOR," ~nd fIRST FEDERAL SAVINGS AND LOAN
ASSp~lAT10N Of fORT PIfRCE, a oapor~tion wp~nised and exiatirg unde~ fM laws o~ 1h~ Uni~~d Sut~s of l~nNiu snd Mvinp in principal plac~ of
buiintss in tFN Cify af Fort Pi~rc~, 51. luci~ County, Florida, hsrein~fter desi9nated s~ tM "MORTGAGEE."
WHEREAS tl+~ MORTGAGOR is justly ind~~t~d b tM MORTGAGEE in the sum of :20+~~•~ , good ~nd lawful money of the Un~ted '
S~ates advanced by ths MORTGAGEE v~to the MORTGAGOR, as evidenced by a ce~tain promiuory nots oi evsn dats herewith, of wh~ch ths lollowing in f
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words ~nd fgw~t is a Irw copY, to-wil: ~ 1~2~r S
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F,,, P~n, Fi«~a,, SePteaber 20 1973 ;
a
Fw valve received. I, we or either of us, promise to y, without defalcation, to the orde~ of fIRST fEDERAC pSAVIyGS AND LOAAt ASSOC~ATION OF
FORT PIERCE at Fwt Pierce, Florida, the sum of =20~~•~ with interest irom date at the rate oN ~~5 96 per anRUm, in monthly ins~all-
~nents as follows: S~~•~ on Ihe 2~'h d+y of NOV61~@r , 19 73 and a like sum o~ the corrsspond~ny day of each month the:« ~
after until the wholq bs fully paid.
Eath installment first shall bs applied in payment of ths interest and thcn on the unpaid balarxe of the printipal wm. If defaulf is made in the ~
Nayment of any installment when dua, and wch defautt continues 30 days, then at the option of ths holder, and without any ofher ratice, ail the remaining
~nsfallmenis sha~l bs due and payable at once. P~ivilege ia giver? to prepay lhis note in whok w in part ~t any time without penshy. Neither fwebearance,
nor atteptance by the hold~r ~heteof after ~ny default in a~y payments hereon, shall be deemed extenaian. A late psymeM charge of = 9•?~ ihall be
added to ~ac!? installment remaininp vnpaid 7 days after its dw date, a~d a tike sum shatt be added to each such in:tallment remaining u~paid 7 days after
wci?-aucuading .
- - r.. ~
Each maker, wrery and endorser hereof, jointly and aeve?ally, waives demand, presentment protest and notice_of protest fa nwipayment, and~uhher ~ "
agrce~ ro any exteniwn of time of payment, e~ther before w after maturity, without ~oiice to any of ~s; and to pay all coets of cotlection, irxlud~ng a
reaac+nable attorney i fee in the ev~nt of sny defautt hereundar, and hereby seve~a?ly waives all benefit of homestead and exemption under the constituYan
and laws of each State of the llnited States, aa againat this obligation w any extc~sion or renewal hereof.
Witncu the hand and scal of exh party.
S/ James R. Naley ~ai~
csEau
S 1~iarQaret Maley ~
t .~3~.~ ~ State Revenue «u
(9~w~M~wa~M~w~w~ns~~J~.'? '
NOW, THEREfORE, tt+e MORTGAGOR fw the purpose of secv~ing psyment of ssid sum of ~20+~0•~ , and the performance of ths
covenanri and ayreementi F~ereinafter expressed, and fw divers good and valwbte considerations, by these presenri, does grsnt, baryain, sell, remise,
re;rase, convey and confirm unro the MORTGAGEE, its succe:sors a~+d auigns, eti that ccrtain lot, piete or putel of land, situate, lying, and beiag in 1hs
Counry of St. ~.12C1@ end State of Fbrida, de~cribed a~ follows:
a.
The i~est 18.? feet of LoL 2, all of Lot 3 and the East 1$.6 feet of Lot 4,
Block 3, I~RRINEATHER PAAK SUBIffVISI~i, as per plat thereof on file in Plat ~
,
Book 6, page 16, oP the public records oY St. I.ncie Caunty, Florida,?
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s~~ ~ ps. ~ D!*,M CIJ1SS 'C' INTAl1Wt6E ~'ONAL Al~Qi~~
~ r+a02 , ~T TO dIM?Et 71•13t. AGS Of l~p~ Q/
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together with all and singular the tenementt, hcreditsment~ and appurtsnces therevnto belor~ing or in anywise sppertaining thereto, ~nd aU renb, Iswes,
procecdi and profib saruing snd to sccrue from said premises, all of which are inclveled in the ~bove and foregoing deuription and habendum.
d'
TO HAVf AND TO HOLD the above dewibed and granted prcm;ses unto the said MpRTGAGEE, ib successors and aui~ns foreva~. Md tht ~aid ~
MORTG GOR for thA~2' - hein, executws, administrators snd assigns, hercby covensnn with tha said MORTGAGEE, its successors and assg%
rhat ~e+~ a~ Iawfully seized of the said premises in fee simple; thst the same ~e free, clesr and dixfwrged f~om sl) liens u~d srKVm-
branca in law or in equity, snd that ~Ay will and 't
ic12' hein shsll wa~r~M a~d deft~d the titb to the sams to the ssid
r sinsf the lawful claims and demands of ~Il penorq;
PROVIDED, AIWAYS tMt if the N~dRiGAGOR shstt pay unto the MORTGAGfE tha promissory note he?e~nbefore described snd si?~II trul ,
and full rform, d~schs~ y~~P~~Y
y pe ge, e:rcute, complete, comply with ~nd abide by esch and every the stip~rl~tions, syreements, caxl~rions .nd covenann of said
promissory note and of this Mortgspe, then ti~is Mwtgsge and tlx Estate hereby ueated shall cess~ and be nutl and wid.
IT IS UNDERSTOpD th~t the wwd "Mlortgsga" whether in tf~e singula? w pluwl ~nywhere in this Mortgape, shall be sinpular if one only +nd
:hall be plural joiotly and wverilW if mwe tMn one, and tl~at the word "their" as ~sed anywhere i~ tha Mwtgaye shall be t~ken to meu? "his:• ,•hen;,
or "its," whe?ever the context w implies w admits. Also, thst wherever thcre is a reference in the covenann ux! ayreemenn herein oontained to ~ny of
:he p~nies hereto, tl~e ssme shall be consrrued ro mean a~ wet! ss the heirs, kgat rep?esentatives, sucusson and suigns (either voluntary by ad of tM -
parties o~ imrolunury by oper~Ywn of the law) of the ssme and that tl~e covens+~ts herein contained shall bind ~nd the benefits ~nd advaniapes inure t
ro the respective hehs, leysl represent~~iva, wccessors and au~gns of the panies herero.
And said Mort9sgors, fw themselves and their hein, legat representativp, wcceuors and aatiyns, he~eby jointly and sevuslly covenant and ayree
to snd with the said MORIGAGEE, in succeswn ~++d assig~:
1. To pay all and sirgutsr the principal ~nd imerett ~nd the wriovs and sundry tums of money pay~ble by virtue of taid promiuory note, s~d this
mongsye, tach and every, promptly on the days respectively tMe same seversliy become dve.
2. To psy afl ~nd sinpubr N,e taxes, suessmenn, levies, liabiliries, obligarions x,d anc~mb~ances of every n~rure and kind now on said described
property, a that Fwreafter may be ~mpwed, suffered, plsced, levied, w assessed thereon, o? that hereafter may be levied w aises~ed upon tha Nbrt~-
age, or th~ i~debtedneu secured hereby, each snd every, when due and payabk, acco?ding to bw, befwe they become detinqvent, ~~d befor~ ~ny interest
ertad~es or any penalty es intw~ed; AND INSOFAR AS ANY THEREOf IS OF QKORD THE SA~41E SHAII BE PROMPTLY SATISFIED AND ~ISCNARGED Of
RECORD AND THE ORIGINAL OFfICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR 1HE SATISFACTION PAPER OFFICIAILY ENDORSEO
OR CERTIFIEO) SHALL BE PLAtEO IN iHE HANDS Of S/tID 1NORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; ~nd in ths event that any thereof is not
paid, sat'sfied snd discharged sa:d MORTGAGEE may at any time pay the same w any p~rt thereof witFw~t waiving or affetting any option, lien, equ;ty or
•~qht undtr a by virtue of this r?~rtgage ~nd the fvll amount of each and every such payment ihall be immediateiy due snd payable and sFull bear inte~est
~rom the date the~eof until paid at ra?e of nine per centvm per a~num ~nd together with suth interest shall k~e ~cu~b~the~A~~~~gt~ye, ~
a,Y~~n d
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z~ , ~_.r~ = 4 ~ ~ s