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THIS INDiNTURE. :~lada the 6th day of February q,p, 19 74 betwcen
Lula Beasley, a widow
~
of _ S~ . Lucie „ Couety Florida, hereirufte? desigoated af the "MORTGAGOR," and fIRST fEDERAI SAVINGS AND IOAN ~
~1SSOCIATION OF FORT PIERCE, a corpwation w9ani:ed ~~d exi~ting unde? tM taws oi 1M Uniled St+t~i of Ame~iu ~nd havinp its prira7p~i p~ac~ of
busineu tn th~ City of Fort Pierc~, St. lucie County, flaida. hertinafte~ desipnat~d as tM "AAORiGAGEf."
WHERfAS the INORTGAGOR is justly indebred ro ths MORTGAGEE in the sum o! = 16 ~B~Q 9ood and lawiul money of the Unlteti
States ad~anced by 1M MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory nole of even datc horew~th, uf which the fo!towin~ In ~
wads and figures is a tr~s copy, ~o-wit: ~
: 16, 800. 00 r,~, 11~ac7194
fwt Pkrce. FI«ids. Februar ~ 6~ t9_
fa velue received, I, we or ei~her of us, promise to pay, without defafca~ion, to the order of FIRST FEOERAL SAVINGS Atip IOAN AS>O~IATION OF
fORi PIERCE ut Fat Pierce, Fbrida, the sum oi j 16 ~8~~.(~ w;th in~erost from date at the rate of 9• 5% per e~num, in monthly ini`~il-
ments as follows: s 157 on the _ ZOttl~y ef March ~~9 ~4 and a like sum on the cwrespond~ng day qf uach month there-
after until tFu whole be fully paid.
Exh i~atallment (irst shalt be apptied in payment of the interest and rhen on the unpaid balance ot the princ~pbl sum. If default ia made in the
paymeM of any instailment when due, and such default continues 30 days, lhen at the option of the holder, and without any other ootice, all the remaining
~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at any time withovt penatty. Meitber faebea~ance,
nor acceptance by the holder tFxreof after any default in sny payments hereon, shall be deemed extension. A lare paymcnt charge of S 7'
8S
- shall be
added 1o each in~tallment remaining ~npa~d 7 days aftm its dw date, and a like sum shall be added to each such installment remaining unpaid 7 d~ys after
each :vcceeding payment date.
Each maker, s~rety and endorse~ hereof, jointly and seve~afly, waives demand, presen~me~t protest end notice of protesl foi nonpayment, and funher
ag?eei to any exlension of time of payment, either before or after maturity, wiehout notice to any of us; and to pay all costs of collectio~, including a '
reasonable attorney'a fee in the evem of a~y defautt hereunder, and herebY severally waives all benefit of homestead and exemption under the tonstit~tion
and laws of each State of the United States, as against this obligalion o~ any extens;on or renewal hereof.
WiMess the hand and sea! of each party. 1
~ • ~ - S/ Lula Beasle~,~, ~Au
. . a Widow (SEAL)
. tsenU
ts~w
( ~ 25 _ ~ ~ $tate Revenoe i
~t . . ~ :
NOW, THEREFORE, ~he MORTGAGOR for the r ZG SOO.OO
pu pox of securing payment of said su.~ of f- a ~ snd the performance of ths ~
cavenants and agreements hereinafter expressed, and fw divers good and vafvable considerationa, by these prexnts, does grant, bargain, sell, remise,
ralease, convey and confirm unto the MORTGAGEE, its svccesso~s and assig~s, all that certsin lot, piece or parcel of land, ~ituate, lying, snd beir+g in the #
Covnty of St. L.11C1@ ~ and Stata of Florida, dewibed ss follows: i
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The South ~ 20 feet of Lot 3 and all of Lot 4, OLfiANDfiR PARK, a Subdisision
as per plat thereof on file in Plat Book 9, Page 76, recorded in the public
records of St. Lucze County, Rlorida.
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d.
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M~ FL + DUE OM CLASS'C INTAMGlBlE PfRSO~
E'
p~ TAX~
---V- ~NTA RvA ; ~ R e ~,,C~ ~ ~~11A1~iT TO CFIAPIFR 7 ~PERfY
N ~-~E~T UF HEYENUf``=- 1.RS TL1---~_ ROGER l~j~. ACTS Oi l9/~, .
T ~ PORRpS
pg l; 1, t ((~ERK CIRq11T OWRT, Sf. LUCIE CO.. f~A
s,;~2 ~ 2 5. 2 Q~
1
together w~th all and singular the tenemenb, herediraments and appurtancef lhereunto belorxjing a in •nywiu appcrtainirg thereto, +nd all rents, iuues,
proceeds and profits accruing and to accrue from said premixs, all of wh~ch are included in the above and fwegoinp dewipYwn and Fubendum.
TO HAVE ANO TO HOID the above desuibed snd granted p?emises unto the ssid MpRTGAGEE, +ts wccessors and assigns forever. Md th~ said
MORTC~AGOR for heira, exet~ton, administrators and assigns, hereby tovenanri with the said MORTGAGEE, its suttessors and auTyro, ~
that ---~'~-~e--~~-- lawfully se~zed of the said prem~sea in fee simple; that tf~e same are free, ctear and dixharged irom atl liens and ~rrcvm- s
brances in law or in equity, and that She wii( and her hein ahall warrant and defe++d the title to the sams to ths taid
MORTGAGEf, its successws and essigns, forever ~gainst tl+e lawtul claim.s and demands of atl persons; :
PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promissory ~ote hereinbefore described snd ~MII truly, promptly
and fully perform, d~uharge, execute, compkte, comply with and abide by each and every the ttip~rlations, ayreements, conditions and covenanb of said
pramissory rate and of ti~is JNortgsge, then th;s Matg~ge and the Estate hereby veated ihall ce~ss snd be nul) and void.
1T IS UNDERSTOOp that fhe wwd "Mortgagor" whether in the singular or plvral anywhere in this Mortg+ge, ihall be sin9ular if one only ~nd
shall be plural jointty and uverally if more tF~an o~e, and 1ha1 the wad "thei~" as used anywhere in this Mortgage shall be faken to mesn "hi~;' "hen,"
o~ "its," wherever tke conle,ct so implies or admits. Also, fMt wlxrever there is • refererxe in tFa covenanb ~nd ~yreements herein contained to any of
the panies hereto, the same thall bs construed fo me~n as well as the heirs, lega) represeMatives, succeswn and suigro (either voluntary by sct of the
pa~tiei or involuntary by operation of the law) of tF?e ssme and that the covena~rs herein contained shal! bind ~nd the benefits ~nd advantpes Inure
to tF~e respective heiri, legal rep?ese~t~tives, successors and ast'gns of tM panies hereto.
And said Nbrtgaqors, for themselves and their heirs, legal representatives, succeuors and suigns, heieby jointly and severally coven~nt and ayree
to snd with the s~id MORTGAGEE, its successors and assigns:
1. To pay all and tinpu(sr the principat and ime~est snd the vsriws and sundry sums of money payabk by viatw of sasd promisswy note, and this
mortgags, e~ch and every, prompNy on the days respectively the samt severatly become due.
2. To pay all snd sinyuls~ the taxes, ~siessmenn, levies, liabil~tiei, obliqatiau and encumb~ances of every nature and kind now on ss;d describsd
propeny, w that hereafter msy be imposed, suffered, plKed, levied, w aueased thereon, or ihst hrrea(ter rtuy be levied or asuued upon this Mort¢
age, or the intkbfednesi ucured k~ereby, esch and wery, when due ard psyable. ~ccadiny to Iaw, befwe they become detinquent, and btfore any intaest
a~taches w sny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD ?HE SAME SHAII dE PRO1NPTlY SATISf1ED AND DISCHARGEO OF
RECORO AIYO THE ORtGItYAt OfflCtAt DOCUA1EfVT fSUCH A5, FOR lNSTANCE, THE 1AX REtEIPi OR THE SATISFACTION PAPER OFF1CtAllY ENDORSEO
OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event Ihat a~y thereof is not
paid, sat'sfied and dixharqed sa"d MORTGAGEE may at any time pay tFe same w any psrt thereol without waiving or affecting any option, lie+~, equity p
•+qht ~nder or by virtue of this morrgage and !he full amount of each and eve~y such paymenf sMll be immediately due a~d payable ~nd shall bear inte~est
~.om the date thereof until pa~d at rate of n~ne per centum per annum a~d topether w~th i~ch ioterest 3Asl red by e~ °I( th:s moryt~e.
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