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~ 2~14~4
THIS INDENiURE. Mad~ tM ist d+y of ` ~y A.D. 19
74 betwe~e+
Karl T. Tonica Jr. and Ther~sa T ~
Qf St • LuCi~ Cwmty Florida, her~loafta d~signated ~s ~M ~~MOR}Gi? R;' +^d FiRST fEDERAt SAVINGS AND IOAN
ASSOCIATION OF FORi PIERCE. a cwpor+tion upinined ~nd ~xhtinp undK thi laws of tM Uoit~d Suia of Am~riu ~nd Mvinp its p~1nclWl ptac~ of
busin~u tn 1M City of Fwt PiKU. St. luci~ County, fbrida. Mrein+iter desipnated as th~ "MORTGAZ'sEE."'
WHEREAS the MORTGAGOR is lustly indebted to the MORTCaAGEE in ths Wm of ~ 10 ~4~~ ~ qocd ~nd iswful money of tM United
Stetes adwoc~d by ths MORiGAGEE vnto the M0~2iGAGOR, as evidenced by a cerUin promiua~ +1V~ of eve~ date herewith, of wh~ch ths fdbwinp in
~o~ds and f~gu~es p a u~?e copy, to-w~r. ; ~ 10020850
10,400.00
s ~wr v~~.. Fi«~a.. Mav 1 i9 74
For value received, I, we w either of us, pron+iu to pay, without defatcation, to ihs wder of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PiERCE al Fat Pierce, Flwida, the sum of S 10~4~~~ with interest irom date at the rals of .~?~6 per annum. i^ ^w^thly i~istall-
«,r~~~s as (oilows: i~• ~ on the ZOt~I d+y ef •jUfle lq 74 ~nd a like sum on the cwrespondinp dsy of each month thKe-
after until the whole be fvlty psid.
Each ~ns~allment firtt shall be applied in payment of the inte~esl and thc~ on the unpaid bal~ncs of the principal sum. If defauk is mad~ in ths
~,~yment of any installmeM wFxn due, and such defaull continues 30 days, the~ at the option of the holder, and without sny other ratice, ~II the remainii+y
~ns~allments shall be due and payable at orxe. Privilege is givar~ to prepay this note in whote or in part at ~ny lime withovt pen+lty. Neithet foreb~arant~.
nor acceptance by the hotder thsreof afte~ any default in any payments hereon, shalt be deemed extensan. A late paynsent ch~tg~ of i 4~g~ s~++~~ ~
added to each insta?tment remai~ing unpaid 7 days ~fter in d~?e da1e, and a like sum shall be added to each such iostallment rNnaining unpaid 7 dayt ahN
each succeeding paYmeN date.
Each maker, aurety and endwser he~eof, jointly and severally, wsives demand, presentmeM protest and not:ce of proteit fw nonpayment, and fwthet
agrees to any extension of t~me of pay~nent, either before or after msturity, without notice to any of us; and to pay all costs of rn1lMion, includinq ~
:rasonable attornry i fee in the event of any defautt Fxreunder, and hereby severally weives all benefit of homestead and exemptia+ unde? 1he constiluNa~
r.~~d laws of each State oi the United States, as aga~nst this obligation w+ny extension w renewat F?ereof. .
Y~itness the hand and seal of each party.
(SF1?U
s/KaYl T. 2oa~ica JY• ~
cs~?t)
s e esa oa ca ~
~ 1 S~ 6O State Revenue ~ ~
i~rsrnp~ eancetkdron ~ngtnerna~f 1 O 400 00
NpW, THEREFORE, thr MORTGAGOR for the purpose of secv~ing p~ymcnt of uid sum of t • ' ~nd the perform+nce of tlN
covenants ard ag~ee~xnts hereinafter expreascd, and for divers good and valu~ble consideratans, by these presenls, does 9rant, bary~in, stll, remise,
retease, co+?vey and contirm unto the MORTCaAGEE, its successors and assigns, ali that certsin bt, piece or pucel of land, situat~, lyinp, and beirg in tM
~~~y ~ $t. I.11C~@ - and State of Fbrida, dewibsd as follows:
l.ot 4, Block 4, P'T. PIBRCB HIGHLANDS L~iIT #~1, according to the plat thereof on
file in Plat Book 10, Page 29, Public Records of St. Lucie County, Rlorida,~
S~"ATE aF FLO F21 D A~1
Q7 DOCUMENTARY STAMP TA~ I
°c-=+ ~ DEPT.
UF~REtlENUE ` . ' ~ I
~
i K~ - _~urir~a 1 5. S 0 1
o - ~uox •....•p
~ ~ - R~ i
~
~ , g v ~ PAYMt]f~ ~ 'fl~
r~a~ ~~r,irts~e~ P"°~r.
to au~ na~. 1~~.~~ qj
I~
po~tw?s
~
together with all and singula? the tenemcnls. hereditaments +nd appurbntes thereunto~~rtig~~n anlrvrik appe~tainirg 1herNO. ~~+d aU nnts, iswes.
p~eceeds and profits scuu~ng and to accrue from said premius, all of which are intluded in /ht ~bow ~d fots9oirg desuiWion u~d hsbend~x^•
TO HAVE AND TO HOID the above dew~bed a~d gnnted prerri~ses unto the said MORTGAGEE, ita waasso~s +~d +ssg^s fo?tver. Md 1h~ wb
!hORTGAGOR fw their executors, administrators and assigns, herebY oov~n+nb wifh tM said JYWRTGAGEE, its wocsasors and ++sly~n.
the aYe
ihat tawfulfy se~zed of the said pranises i~ fee iunple: that the ssrtie u~ fre~, clear and discharged fran atl liero and Mevnr
brances in law w in equity, and thst they will and their heirs sh~ll w~rrant snd defend ths titl~ to t1+t s+m~ to tlM s+id
MORTGAGEE, itt successors and assigns, faever against the lawful claims and demands of all persoro;
PROVIDED, AIWAYS that if ihe MORTGAGOR shall pay unto the AIIORTGAGEE the promissorY nole hereinbefore dexribed ~nd thsll m?ly, promptllr
a~d fully perfwm, d~sci~srge, execute, complete, comply with ~nd sbide by each and every the sfip~lations, apreeme*~ts. caxlitio~s ~~d cove~MS of H'd
Promissory note and of ~his Mortgage, then this Mortgsge and the Estate hereby aeated shall tease ae~d b~ null +rd void-
IT IS UNDERSTOOD that the word °Mwtyagor" whether in the singular or plural anywhere i~ tha Moriysye, shsll b~ sinyular if one only ~+d
shall be plural jointly e~d severally if more than one, and that tMe word "the'u" as used snywher~ in fhis Mwtpay~ sh~ll be qksn to mean "his,•• •'h~rs:' t~0
c~ "its;' wherever tFro context so implies or admits. Also, that wFxrever there is s reference i~ ths oovenanri u~d ayrsemeMS herei~ ooM+'uwd to +nY ~ ~~o
ihe parties heroto, the same shall be construed to mean as well as the F?ein, kyal r~present~tives. wccesson u?d ~ssiyns (eitha voluntary by ac1 of t!» ~
pa.ties a inwluntary by operation of tF~e law) of the same and that the covensnn hetein contsined sFull bind and tM benefiri u~d ~dv~ntayas imx~
<o the respective heus, leg+l representatives, successon and su'gns of the psNies hereto.
qnd said Nlo?tgsgors, for themselves and theK heirs, leyal represe~tatives, successas and assiyru, hereby jointly and sevaally covenant and ~yree ~
~o and with the said MORTGAGEE, its s~ccessors ~nd euiyns: ~
1. To pay all snd sinyutar the princ;pal snd interest snd the wrio~s and sundry wms of mo~sy paY+ble by virtue of said promiiwry rwfe, and this
mortgage, each and every, promptly on the days respectively tht same severally become dw. ~
2. To psy all and singulu the taxe~, sssessmenn, levies, li~bilities, obligations and sncvmbr+nces of svery natwe and kind now on s+~d d~suibd O
Property, a tMr here~her m+y- be imposed, wffaed. Plsced, kvied, or ~uessed thereon, a ths~ here~ff~r may b~ levi~d w asKSed upon thb Morq- ~
age, a the indebtedness secured hereby, esch and every, when due and payabk, aaordinp to law, before they became dslinqvent. +nd b~fen +rh? iM~at
artacl?es w any penalty is incutred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 6E PROMPTLY SATISf1E0 AND OISCHARGED OF
RECORD ANO THE ORIG~NAI OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPi OR ?HE SATISFACTION PMER OFFICIALIY ENDORSED
GR CERTIfIED) SHALL 8E PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXt AfTER PAYMENT; snd in the evenf thsf ~ny fhereof is not
paid, sat-sfied and dixharged sa:d MORiGAGEE msy at any time p+y the same w anY W~1 thereof M'~tFw~t w+ivirg o~ affectiny +ny optan, lien, eq~ity or
•~ph~ ~nder or by virtue of this mortgage +nd the fuN amount of each and every such payment sh~ll be immediately d~e and paysble ar+d shaU bear interest
c,c~• `~e dn'e ~!~e~e;' ca d a! rate of nine per centum per annum and together witb suth interest sF?sll be secured by the lien of !h:s morgtage
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