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THIS INDENTURE, lNade tM 20th d~y of ~@C@Ab@! ^ 19 ~~W
Sr,~ - , . , , "~"Tr ~r ,
John G. Bechtold ,a~nd Carol L. Bechta2d, hf s wite
of - SL• Lt1C~@ C~~~y Flwida, hereinsftM dt~i9n~ted as tM "MORT.iFCa7R;' and FiRST fEDERAt SAVINGS AND IOAN •
ASSpClA~ION Of fQR? PIfRCE. a capaat;on apanized and existinp unda tM la~.n of 1M U~~ted Stal~s of Mxric~ and l+~vinp iri principal place ~of
busin~ss in tM City of Fwt PiKC~, St, luct~ Cou~ty, Florida, hereinafter d~siynued as tFM "MORTGAGEE.°
WHEREAS ths MORTGAGOR is jvitly indebttd to tM MORTGAGEE i~ rr,~ .~M of s~_33a , good and I~wfuf mor+ey of the United
Srates ~dvanced by tFu MORTGAGEE unro the MpRTGAGOR, as eviderxed by a cer?ani promiuory n;,te of even date herewith, of which the followirq in
words arx! f' ures if ~ Irw copy, to-wit: ~
= 33 ~ 50~ .00 1C1020582
De+cember 20 '
Fort Pierce. Flo~ida. 197~_
For wlue raeived, 1, we or eitha of vs, promiu to pay, without defalcat~on, to ths order of FIRSi ffDfRA! SAVlNGS AND LOAN ASSOCIATION OF '
FORi PIERCE ai Faf Pierce, Florids, tha swn of s 33 with inte~est from date at the rate o ~
• ~.2.~2.96 per snnum, in monthly imtall-
ments as follows: i 287 o~ f?ie 20th~y of April 19 7'a a like sum on ths cwresponding day of each month therr
after until the whole be fully paid.
Each instalfinent first shall be applied in payrr?ent of the interest and then on tne unpaid balance of the p~incipal sum. If defa~lt is msda in the
payment of ~~y instaHment when dus, and such detault co~rinues 3p day~, then at the option of ~he Iwlder, and without any other rarice, all 1F+e remaining !
~~.:?allme~ts shall be due and payable at ooce. Privileye is 9iven to prepay this note in whole w in p~A at any time witFaut penalty. Neithe~ forebcarsnce,
nor aaeptance by the hotda thereof a(ter any default in any payments he~eon, shall be deemed eztension. A lale pay:ncnt charge of =
14.3SMI1 be
added to each installment remaining unpa~d 7 days after iri due date, ~nd a like sum shall be added to each ~uch installmenl remaining unpaid 7 days after
each succeeJing payment data
Each maker, su~ey and endorser Fxreof, jointly and severally, waives demand, preuntment protest and notice of protest for ~onpayment, end further
agrces to any extensan of time of payment, eEther before o~ after maturity, without notice to any of us; and to pay all costs of collecfion, including a
rsasonable attorney's fee in the event of any defauit herevnder, a~d hereby seve~ally waives all benefit of homestead and exemptio~ under,the constitution
and laws of esch State of the United States, as against this obligation or any extens~o~ or renewal hcreof.
Witnesa the ha~ and scal of each party.
' _s/ John G. Bechtold~ Sr. ~U
cs~Au
~Au -
$ Sp 25 5/ Carol L. Bechteld ~
t ~ ) St~ta Revenue
(Sraa~ sawo~lle~ as ~ri~irrl-MM)
NOW, TFIEREFORE, the MORTGAGOR for tF~e r ng pay 33 SOO.OO
pu pox of securi ment of ssid sum of = f. . and tfie performance of tM
covenants and agroements hereinafter expreased, and fw divers good u~ valvable considerations, by these presents, does grant, baryain, setl, remiu,
release, tonvey and tonfirm unto the MORTGAGEE, iri successors and auigns, a11 that cerra'en bt, piete p pucel of land, situsle, lying, ~nd beinq in ths
County of St . LLiC ie snd Stats of Florida, descr;bed as follow~:
Lot 55, Block 32, RIVER PARK W1T ~b. 4, as per plat thereof on file
in Pl~t Book 11, Page 9, of the Public Records of St. Lucis County, ;
F lor ida,
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~ STATE FLC7RiDA i
~ OOCUMENYARY,~ ~~,STaM° TA7i ~
c~ OSPi. ~F RfY£,Jrilf
~i~'s " J i
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_ •::C?t7? ~ . ~ : 5 O. G 5 ~ ~ IN PAYlIEM ~ TAX~:;
~ N ~
Q ~ tl
02 ~ pb~ 'C INIANGIW.E ~F~~ p~
+~r ~ TO U1l1PTER 11-13~. ACiS Of 1Y7~~,
R06ER POITRAS
q.fRK CtRCUfT OOURT. Sf. UICIE 00, RA
together with all and singular the tenements, hereditamenri and appurtsnces 1lxreunto belonging or in snywise appert~ining th~reto, ~nd a0 renls, issues,
proceeds s~ proiit~ acvuing and to eccrue from :sid prem+ses, all of which are included in tbe ibov~ ~nd foreQoing dacription and habend~m.
TO HAVf AMD TO HO1D the sbove dexr;bed snd grsnted premises umo the said NIpRTGAGEE, its s~raessors ~nd ~uigns forever. And tl» wid
MORTGAGOR fw the~Y heirs, executon, administrators ar+d auigns, hereby Eovenanri with the said MORTGAGEE, its waesson ~nd asti~ro,
rhat ~hP-~--aZ-@--. lawfully seized of the said premises in fee simple; thst the tame a•e frse, clear ~nd dixhsrged from all liens and encwrr
brances in Isw or in equity, and thst thev will and their F~ir~ shall warr~nt and defend ths titk w the same to the ssid
MORT6AGEE, its successors and auigna, forever against tF~e t~wfui ctaimt and demands of alt persau;
PROVIDED, AIWAYS thst if the MORTGAGOR sha11 pay unro the MORTGAGEE the promisipy note hertinbefo?e desvibed and sMll truly, promptly
and fully perform, difcharge, execute, compkte, comply with snd abide by each and every ~he stipulatior», ayreements, conditiaa snd covensnts of said
promiasory r?ote and of this Mortgsge, then this Mwtgaye snd the Estate her~by veated shstl u~se u~d be null and void.
IT IS UNDERSTOOD th~t the wad "Mortgsyor" whether in the singular or ptural u~ywhere in this Mortgsge, shall be ~inpvlar if one only ~nd
shall be plural jointly and severally if more than one, snd that the word "their" ss ~sec1 snywhere i~ this 1Nortgsy~ shsll be taken to mean "his,•• •'hers;•
w"its;' wherever the context w implies w sdmits. Also, that wherever there is a reference in the covenanri ind sgreements herein contained to any of
the parties heroto, the same ahall be co~st?ued to mean ss well as the hein, kgal representatives, iuccesson and auigns (either wluntsry by ~cl of th~
pa?ties w invdvnary by opention of the law) of the same and that the covenants herein contained shall bind and the beoefits and advsntapes i~wt
so the respedive heirs, legal representatives, succeuus snd asvgns of the parties hereto.
Arxl said Mortgsgors, fw themselves and their hein, legal represe~rarives, sutcrssors ~nd assigns, F~ereby jointly and severally covenant and ay~ee
to and with the ~aid MORTCAGEE, its succeuors and sui9~s:
1. to pay all ~nd singvlar the printip~l snd iMerest and the vairovs snd sundry sums of mw~ey payable by virtue of said promisswy note, and tha
mortyaye, each snd every, promptly on the days respeciively tl~e same severally become due.
2. To pay aN ~nd singvlu th~ taxes, usessment:, lev+et. liabilitie~, obligations +nd encumbuKes of tvery nature and kind now on said described
property, or th~t heresfter may be imposed, wffered. Placed, levied, w ~ueued thereoi~, w that he~eafta? m~y be tevied or ~ssessed upon this Allorq-
sge, or tht inclebtedntss secured hereby, exh and every, when due ae+d payable, acco.d~ny ro law. befwe they become delinqueM. ~nd befwe ar~y Fnttrest
attacF~es or sny pen~lty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO TNE SAME SHAII dE PROMPTLY SATISFIED AND OISCHARGED Of
RECORD AND 1HE ORIGINAL OFF{CIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED
OR CERTIFIfO) SHALL BE PiA~fD IN THE HAMDS Of SAIO MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that ~ny thereof is not
paid, sstsfied ~~d discharged sa'd MORTGAGEE may at any time pay the same or any patt the~eof witFa~rt waiviny or affectirg any option, lien, eqvity or
•~qht unde~ or by virt~e of this mortgage and the full amo~nt of each and every iuch payment shad be immediatety dve and payab!e and shal) bea~ interetf
.
~~om the dste ti~ereof until paid at rate of nine per cenrum pe~ a~num and together w~th such interest shdl ~e by the lien of th:s moryt~ye.
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