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74
THIS INDENTURE. Mad~ IhR 29th day of May Q nr. 1l-.-~ bNvrs+~
Gene
of St. I'uCi@ County Fiorid~. heninaftw detg~ated as 1M "MORTGAGOR;' and FIRST fE~ERAI SAVINGS AND t0~?N
ASSOCIA110N Of FORT PIERCE, a co~paation oroa~ized and eai~ting unda tM laws of tM U~+ted Suqs of Mwrka and Mvinp its priocipal p4c~ of
butin~ss In tM City of fort Pi~rct. St. luci~ County. Flaid+. Mrein~fter desipnated u tM °MORTGAGEE ~ ~ ;
WNEREAS th~ MORTGAGOR is jwUy in~bt~d to iM 1NORTGAGEE in the sum of ~ 23 ~Q go~ a^d ktivful monty of the Un:?ed 1
States advanced by the MORTGAGEE unto ti+e MORTGAGOR, ss evidenced bY + cc~t~i^ prom'sswY no~e o( even date herew~th. o~ wh~d~ the fdlow~+~9 i~+
wordi and fyurss is a tnre copY. to-wit: ~ 11~~~~
Q~0' ~
Fwt Piaa. Florid+. MaY?~~
Fw value received, I, we or tither of us, promiss to pay, withoul defalcation, ~o the order of FIRST FEDERAI SAVINGS /WD IOAN I~SSOCtAT10N OF
F~:RT PIERCE af Fwt Pierce, Florida, the svm of 23 ,~0. ~ with interest from date at the rate of 9~~~ snn++m. mo^thly instalM
~nents u fallows: ~ ~l a+ t~ ~t~y of July , 19 7a and a 17ke ium on the cwresp«+d~ng day of each mw~th the*e-
aiter until the whol~ be fully paid. -
Exh insfallment first sF~all be applied in paymeM of the inrerest and then o~ the unpaid balance of the princ~p~~ sum• ~f defwh is mad~ in tht
paymeM of any installment when due, ar~d such default continues 30. dayf, then st the optan of the holde~, and without any other not~ce, all the remairwg
~nstatlments sMll be due and payable at once. Privikge is given ro prep+y this note in wfiok w i~ ps~t +1 +nY 1~+ne F°^~hY' ~'ther forebsaranoe,
nor acceptanc~ by tM holder thereof ~fter any default in seY p+Yments hereon, sF?~11 be deemed extension. A late payn+ent char~e o# 0•O5 s~+dl b~
added fo each installment remsininp ~npaid 7 days after its dw da1~, and + like we+ sh+~~ be ~dd~d ~o ~'d' sud' '^s~~U'^°^~ ~a~n~'~p ~P+~
each s~tteeding psYment date.
Eath maker, surety and endorse~ he+eof, jointly ~nd severally, w+ives demand, p?est~tment Protest and~ notioe of protest for rwnp+Yrr~+t. +~d fu~t1~
agrees ro any extension of time of payrrxnt, either befwe w afte~ maturiry, without notice to any of vs; and to psy atl cosri of tollectia~, indud~~g •
rea:onable attorney's fee in the event of any defauit hereunda, and herebY severally waives all benefit of homestead and exemP~~w+ w+dK ~he ~'hr~~
and lawi of exh Snte of the United States, as against this obiiyation w a~y eatension or renewal hereof-
Wisness the hand and sesl of each party. i
i• . , S/ Gene a sf 9 e adult cs~w ~
~
- c~w
~ $34. SO ~ State Reve~ue
~ 23,000.00 ,,,d,~,e ~ o~ N,.
NOW, THEREFORE, the MORTGAGOR fw 1he purpose of securinp psyment of said swn of s
covenanls and syreements hereinafter e:presxd. snd for diven good and valwbk tons~deratio% by thes~ P~esenri. does prant. bar~sir~, sel4 ree+i~
release, convey and confirm unto the MORTGAGEE, iri successw~ and ~ssigos. all that certain bt, pieu or putel of land, sitwte, lyi~g, ~+d beig in th~ 3
County of L11C1@ . ~~ate of Florida, described +s fd{ows: -
Lot 2, Block 5 of CARDINAL GLADB, the saae being a subd.ivision in Sectioa ;
34, To~mship 35 South, Range 40 East as recorded in Plat Book 11 on page ;
14, public records of Saint Lucie County, Florida?.
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. a'J IN PAYNfN~ Of TIIX6 ;
~ p~~90Nl1L PRU?EQn~
p~ ON Cf.ASS'C IttTINIt~IdIE #
~~p!c~ 71-134. ALTS OF 111J l. m[
RO~:ER PORRJ?S
q,EW( CIRC[I~T ~~i, 5f.~ ulC1E 00.. ~
together with all and singular the tenemenn, haed~taments and •ppurtar+ces the.euMO belon9'ag w in +nYv+ise +PP~~+'^'^0 ~O• ~~1
proceeds snd profits acvuing and to acvue from ssid p?em~ses. atl of wFi~ch are included in the abov~ and forpoirg dacriptp^ s~d ~
TO HAVE ANDhO S W the above d~scribed +nd 9ranted p~emiaes vnto the ssid MORTGAGEf, its wocessors +nd aui~s ~r~'~?- ~
1 - hein, executon, administrators and assgru, hereby coren~nts with the s+id MORTGAGEE. '~s s~r~o~s a~d +~~r"
MORTG GOR w
rhat ~e ~S lawfully seized of the said premises in fee ixnple: that the same ue free, cku u~d dochar~ed from all liens ard ~ncun?
brances in law w in equity, snd thst he will and ~'11S hein shall wurar~t ~nd defa+d the titk b the w'» b th~ s~+d
MORTGAGEE, its succesion and ~ssigns, forever ~geinst the Iawful cl~ims sr.d dem~nds of ~II perwro:
~
PROVIDED, ALWAYS tFut if the MORTGAGOR shall pay unro the lNORTGAGEE the promasory note hereinbefa~ descn'bed +nd s~a~l trvlp, p~anp~h
'S~`~-~` and fully perform, discharge, execute. complete, camply with and abide by e+ch and every the stipulatiau, agreen+enri, cond'rtioro and ewraw+ts of s+~d
promissory note snd of this Mortgage, then this Mortgage +nd ~he Estate hereby aested sh~ll oease snd be ~ull and void.
IT IS UNDERSTOOD tMt the word "Mort9sgor" whNher in the singular w plwal ~nywhere in this 1Nortyape. sh+ll be sinpular if oe~e on11? +^d
~ shall be plunl joiMly and severally if more than one, snd th~t ihe word "the:r" u osed anywl~e?e in th's A~brt9+9e sh+ll be tsken to mean "hii." "1~en.`
~ or "its;' whereve~ the context so implies w admits. Also, tMt wherever there is a reference in the covsnann and agreemenb here+~ aom+'w~ed b+^y of '
fhs p+nies hemto, the same ah~ll 6e construed ro me+n as welt ss the hein, leqsl representatives, wccessors +nd suig^s (eitF~er volu~r+ry? b'fl +a of the ~+~c~
parties o~ invduntary by ope~ation of the 4~w) of the same and thst the cwenann t~erein cont~ined shall biod a~d the ber~efits aed ad~?+nt+~s iMxe
fo the respective heirs, kyal representatives, wccessws and su~yns of the p~nies hereto.
Md said Mwtyagors, fo? themselves and their heirs, kgal representstivd, successon a+d ~ssipns. herebY la^~~Y +^d ~~*~~~Y °O'~"R ~~'K
' to and with the iaid MORTGAGEE, in successors and auigro:
1. To paY all and sinputu tha principat and interest and the various and wndry sums of moneY P+Y+~ bY of said prom~swry no~e. +nd lhis y'o
mor~g~pe, ea~M ~nd every, prwnPtly on the dsys respectively the sarns severally become dua ~ ~
? 2. To pay all ~nd sirgulsr the ta:es, assesunenn, levies, lisbilities, oblg+taro and encwnbr+nces of everY natwe +~d kind ^°w s+~d d~°'b°d
proparty, or that here~her m+y be imposed, suffaed. Placed, tevied. a ~ssessed therea+, or thst here+fter msy ~e kvied or usessed xPo^ tKs 1Mo~a' ~
agr, w the i~+debtedneu secvred hereby, each arx! every, when dve and payable, accadinp ro law, befon they becane de~'w+quent. +~d betw~ ~'4? "~N'e~
attaches w ~ny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROAMTLY SATISFIED AND DISCHARGED OF
NT UCM AS FOR INSTANCE. THE TAX RECEIPT OR THE SA715fACT10N PAPER OFfIC1AllY ENDORSED ~ d
RECORD ANO THE ORIGINAL OFFICIAL DOCUME (S
OR CERTIFIED) SHAtI BE PLP.CE~ IN THE HANDS OF SA~O MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in the sveM th~t srqr 1F~eof 's na
- paid, sat:sfied and dixharged sa:d MORTGAGEE may st any time pay the same o~ any part thereof without wsivinp or affecting any option. ~ie~. equirY a
•~qht unde~ w by vinue of this mortgage and the full amovnt of each and every such payment sFull be iawned~ate~y dve snd paysbk and shall baar inte?est
from Ihe d~te thereof until paid st rate of nine per tentum per anmim and togetFx~ with i~ch interest shall be secured by the ~id+ of th:s rt+orytaye-
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