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ilLl V, A D. 14_~4 betws~n
THIS INDENTURE, 1Nad~ the Q..~h day of
H= H. Reese a?nd IYene N. Ree~e. his wife
cf L11Ci@ , County Fior':~a, hertinailH tksr~netrd as the "MORTGAGOR," and FIRST FEU~RAI SAVINGS AND LOAN
aSSOC1ATION OF fORT PIERCE. a corpaaf~on aganizcd and exittinp unda the' (ip+s 6f ~hs United S~~~s of Americ~ and having its principal plact of
b~s~ness in tF» City ot fwt Place. St• tucia County, florida, hertinafter designared ss ~M "MORTGAGEE:' -
WHEREAS the MOR~GAGOR is justly iruleb~ed ro 1he MORTGAGEE in the avm of S- 27L~0!~----• 9~ and lawfui mqney of the Un~ted
~~~r_•s ad.a~xrd by the f10RiGAGEE vnto the MORiGAGOR, as cvultnc~d by a cer~~~n prunussuY no~~af even date hrrewNh, of wh:ch tix (ollowiny in
.,:rds and fig~rc~ ~s a u~e copy. ro-w~t: ~10020982
s 27~000~00
Fwt Pisrc~. Flaid~. J~y 9 19 74
For va~ue rece~~ed. we or e~~her of us. p~o~c:se to pay, without JefalcaNon, i~ the order of FIRST fEUERAI SAVING$ AhD LOAN ASSOCIATION OF
tT PiERCE a1 f~rt Pit~cr. fio~~Je, th.: sum of j_.~7~QQQ~-~_____-- r.~~'~ in~cres~ from Jata at the rale of ~a~°',o pe~ anr.um, in monthly inatal6
s.~s fc: o.rs: S-~~6 ~4~~ '~~y of - 4-etober 19 Z4 and a like sum on !he correspw~d~ng day of each month the~e-
unfil ~he whae be f~tty pa~d. ;
Eath ~nstallment f~rst sAa!1 be appi~rd in paY~nr^t of the i~terest and then on the unpa:d ba!ance oi the princ~~asl sum. If dcfault is m~de in the :
,,•,anf of auy inata:lme~t wh.:n due. and such tiefauh co~r~nurs 30 days, then at the op~~on o( ~hc Iwider, a.-+d withu~t any other not~ce. ~tl the remaimng i
.,'.:,:eny sAail ?~e d~e ar+d payab;e a1 onca. P~iv~ir3e is given to p~epay this note in wtwle w in part at any t~me without penalty. Neithe~ fwebearance, i
ncceptance by the iwlder therrof efror any defauit in eny payments hereo~, shail be decmed extension. A la~e payment :harge of S-~~~~~_ ~
d ro rach insr~~iment •cmain~~g ynNa~d 7 daya aiter in due date, and • ~~?e sum shalt be addrd to each such ~ns~altmenr rema~n~ng unpaid 7 days after
wcceeding payment da+e. ~
Each maEer, surety and endwser hereuf, jo~ntly e~ severat~y, wa~ves demand, p~esentmrnt protest and notice of protest fur r.~npayment, and further ;
~.s to dflY fA~CnS~0~1 of n~ne of payn+zro, c~Tnc~ u=!ore o~ after maturity, withaut not~ce to any of us; and tc pay aU tasts of tollxtian. i~dud~n9 e
»L!e attorney's (ee the evenf o! an~ drFau~t t~ereunder, ar+d hereby sevcrally wa~ves afl benefir of homestead and exr~nptio~ under the tonstitution ?
.~rs of each Sratt o6 ~he Un~tzd Starez, ~s aga~^st this obliga~;on w any ex~ens~an or renewal hereof. '
Wi~ness ifie hand a~id seal of each parry.
(SEAL)
. . ees c~U
cs~?u
' cs~,?u
~ • ~ ~fate Revenue
~nd the rfwmance of tF~e
NO+Y, THEREFORE, the MORTGA'vOR fw tFe ;+.+rpose of secv.ing payment of sa~d sum of 5~.~-~ a
~ ~~ts and agreer.knq here~Rafter exp~essed. ar.d for d~vers good and valwble cons~derafio~s, by theu p~eseNS, does gra~t, bargai~, sell. ?cmise,
_..sa, convey and cgn~rm ~to tfie MORit',AGEE, ~ts succeswrs and assigns, all that certain lot, piece or parcel of Isnd, situate, lying, and being in 1he
" ~ • ~ , ~nd Statc of Fbrida, described as fdlaws: .
,nty of
Lot 9, Block 271, PORT ST. LiICIB, SECTION 3,
as per plat thereof on file in PlaL Book 12,
page 13, public records of St• L~ie County, ~
Florida, -
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:erner wirh al~ and siny_u~ar the tenements, ~cred~taments and sppurtarces thereunto belonging or in snyw~se +pPe+f+'^~^9 ~Mreto, and all rents, iuues,
_;ceeds and prof~ts accru~ng and to accrue from said premises, aH of whLch are incfueled in the abov~ and foregaing desaiplion ~nd h+b~^dur^•
TO HAVE AND TO HOLD the above de:cribed and granted premises unto the said MORTGAGEE, its s~rccesson snd auigns forever. Md 1ha s~id _
; ~ RTGAGOR for heirs, execwon, admmistrators and assigns, hereby covenants with fne sa:d IdORTGAGEE, ifs suctessws and ~ssiyns.
,-_t~..Y_dre--- irwfuity x~zed of the said premises en fee simple; that the s+~ne ~re iree, dear and discF?~r9ed from sll liens and ~ncum-
_ ces in law o. io equ~ty, and thar~- w~11 and thP i t heirs shall wsrnnt and deSend the titte a the sartw to the s~id
.";~?GAGEE. its svccessors snd ass~gns, forever a9ainst the tawfut clsims and demands of all personi;
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PROVIDcD, ALWAYS that if thc M~RTGAGOR shall psy unto the /NORTGAGEE the promisswy note hereinbefore described snd sh~ll truly, promptly ;
-a fut!y perform, d~scharqe, e~ecute, comp:ete, comply w'th and ab~de by each and every the stipulations, agreernents, condifions ~nd covmants of ssid
:~ssory note and of this Mortgage, tF~en this Mortgage and the Estate hereby ueated shall cease and be null and void. WO ~
IT IS UNDERSTOQU rhat rhe word "'Mor~gagor" whether i~ the singular or plural snywhere in fhis Mwt9age, shall be singutu if one only and '
r z': be p!ural joimiy and uverally if more than one, aod that the wo~d "their" as used anywhere in this Mortgage shall be taken to mesn '"ha; ••'hen,'•
';rs.° wherever tFw contex~ so lmp!ies w admits. Also, that wherever there is s reference in the coveosnts ~rtd sgrernents herein contained to arcy of
~-:e carties hereto, the same sha~l be construcd to mean as well as ~he heirs, kg+l represenutives, successors ~nd +ss~9~s (eithe? volunqry by +ct of the ;
;~•r;es or invol~~~ary by- opcrar~on of tne law) of the same and that the covenants herein contsined sh~ll bind •od rhe benefin and ~dvanqges inwe -
: ~^e respective heirs, Iegal representatives, successors and au'gns of the parties hereto. ?
~ And said Mortgagors, for themselves a~d tF+eir fiein, legal representatives, successors and suig~s, F.ereby jointly and severally covensnt snd ayree $
~SS
~c and with the said MORTGAGEE, its suctessors and assigns:
1. To pay all snd singular the princ~pal and ~mercst and the ~ario~rs a~d sundry wms of mor~ey payable by virtue of said promissory note, and this
Torrgage, each and every, promptly on the days respect~vely the same xve~ally become due. '
2_ To pay all and sirgular the ta:es, assessmenb, levies. liabilirief, obligatians and enc~mb~anta of every ~atwe and kind rww on said desuibed
croperty, a rhat hereafter may be imposed, sutfered, p~sted, levied, a assessed thereon, a thst heresfter may be kvied a ~asessed upon tF+~s Mort~'
a~e, or the indebtedness xcured hereby, exh and every, when dve and payable, sccording to law, before they bKa~e deiinqueM, and befwe arry/ inttrest
••=c~es o~ any penaltY ~s inc~rred; AND 1NSOFAR AS Ai.IY THEREOf IS OF RKORD iHE SAME SHAII 6E PROMPTIY SATI$fIED ANO DISCHARGED OF
: ~ORD AND TME ORIGIKAI OFFICIAI OOCUMENT ISUCH A5. FOR INSTANtE, THE T~X RECEfPT OR THE SATISFACTION PAPER OfFICUIIY ENDORSE~
CERTIFIED) SHAtI BE PLACEO IN THE HAkDS OF SAID MORTGAGEE WITHIN TEN OAYS NfXT AFTER YAYMENT; ~nd in the event that soy thercof is rw~
~ j-i. sat sfied and d~xharged sa d MORTGAGEE may sr any t~me pay the same or any part ~hereof without waivirg w af(ediny any option. ~~en, equity or
~~~M unre~ o• bv v~r~~~e of ~F.:s morrgaqe ar~d the fult amount of each and eve?y such paymem shall be immediately due and psyable and shall bear inte?est
, , • ~ ~ o~ nlne per centum per annum and together w~th suth intt?est sMll be secured by tfie lien of th s ~-e~g'rge
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