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THIS INOENTURE. M+d~ d~ia 23rd d+Y of '~ulY A.O. 19 74-~ b~twN^
~`ichard D. %tonroe and Jeannine 4o~roe, his wife
a~ st _ Luc ie co~,~M Fio.~d,, hereinaitK desig~a~id ss 1Fu "MORTGAOOR," snd FIRST FEPERAL SAVINGS AND IOAN
ASSOCIAiION OF FORT PIERCE. ~ corporation wpaniud ~nd ~xistin9 unda tM Iaws of tM United Stat~s of Americ~ a~d Mvinq its principal plac~ of
businsss in tM City of Fort Pi~rc~, St. lucw GountY. F~orida• htr°'naitw desiyn~tad u ti» "MORTGAGEE:'
Z S ~ and lawtul mo~eY of the United
WHEREAS 1M MORTGAGOR is justly indabtsd 1o tM MORTGAGEE ie? the sum of S ~ ' ~°Od
Srates advanced by tha MORTGAGEE unto the MORTGAGOR, as ~vide~ced by a certai~ promiuo~y nof~ of eva~ date herewilh, of which th~ followinp In
wo~dt and fiflur~~ is a trua copy, to-wit: ~ 1~'1~98
25.000.00
f JulY 23 t974
fw value received, 1, we or either of us, prom~se to pay, withwt defatcat~on, to the•order of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION Of
25 with +nte.es~ (rom date at Ihe rate of 9•7'16 pH annum, in monthly irut~l4
'02i PIERCE at Fwt Pierce, flarida, the aum of j i.-
:~e~~ts as foltows: f238•~-- ~ the 2~thday of S~te'nbel_ 1974 ~ ~ lik~ sum on the correspa?dinp day of each month tt?e~~-
arter until Ihe whote be fuily paid.
Each irnullment f~rst sh~ll be applied in payment of the inte?est and then on the unpaid balance of the principal s~m. If defavlt h mad~ in tM
n
F a:ment of any installment when d+H, a~d such default continues 30 days, ~h s~note ir. whole or inep+hl atra^Ya~une w~~'°~~ P~^alh ~,Neithe~ for ~eba+r~nct.
::urallmeNS shall be due and payable at oncr. Privilege is given to p?epay 11.90
, ~hall be
nor acceptance by She holder thereof aiter any defav~t in any payments hereon, shall bt deemed extension. A late payme~t charge of s
: dJed to each installment remain~ng unpaid 7 dsYs after ib dw date, a~d a like wm shaU be added to each wch ~nitallment remainirg uopaid 7 days aft~r
each svcceediny payment date.
Each maker, surety and endorse~ hcreof, joi~tly and seve~ally, waives demand, p~eser+tment E.rotest and notice of p~otest fw nonpayoxM. sed fuAhar
a3rees 1o any extensb~ ot time of paymeM, either before or afte+ matunty, without notKe to any of us; and to paY all costs of collection, inclvdinp +
:f .+sonablr attorney's fee in the event of any de(ault here~nder, ~nd hereby severatly waives a~l benefi~ of homesteaS! and exemptio„ ur?der the cons~~h+tion
,~:d faws of each Stale of the United Stares, as against this obligation or any extenian ot renewal hereof.
Witncss the hand a~d seal of eath party. ' -~f-~?iCha r~j D. ~10T1 r0@ ($EAI~
ts~?U
s/ Jesnn ine Hon roe .~?U
(sEI?ti
~__S`37.50 ) State Revenus
~s+a.~s. eawwllei ~r«,~wwl.~»w)
2 5 000 . 00 a~d rhe pc.forms~ce of tM
NOW. THEREFORE, the MORTGAGOR fw the purpose of secvring paYment of said sum of S
co~enants and agreemen~s hereinafter expreued, and fw drvers good and v~lwbb conside~+fions, b~ «s~ «~ofnland, situate.tly'?np9and b~irgrin the
re'ease, convey a~d cont~rm unto the MORTGAGEE, iri succruus and +ssigns, at! that eertsin lot, p p+~
County of St . LLIC le and State of fbrids, desuibed +s fdlows:
From the *'E corne~ of Lot 213, White City, as per plat thereof
in Plat Book 1, Page 23, public records of St. Lucie County,
Florida, run Westerly alonq the North line of said Lot 213,
840 feet; thence run Southerly parallel to the East line of
said Lot 213, 146.2 feet to the Northwest corner and poi~t
of beginning of the lands hez~ei~ desc: ibed: ~rou said point of ~
bec~inning continue Southerly parallel to the Fast~line of afore-
~ said Lot 213, 106.2 feet; thence Basterly paTallel to the North
' line of said Lot 213,120 feet; thence yortherly parallel to the
~ East line of sa~d Lot 213, 106.2 feet; thence Westerly pa-allel
~ to the North line of aaid Lot 213,.120 feet to the poi~t of
~ beginning; subject to a drainage easement on the NoTth 10 feet
l
~ thereof.
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S TAT E~ F F L.. t~ R 1 D A ~ ~ HI PAYMFXti OF TAX6
~ ' DOCUMENTARY STbM P T A X. ~ DUE ON t~ss'C INTAIt8~e1.E PE~SOw1l ?RpPERf11~
:;Z
c~~ DEPi.
Oi kFYENUt t: ~ ~fR+~ifi 7~ d1AFiER 71•134 A(;TS ~ lyiL
2~ - 3 T_ 5 0 1 ~x Pomus /n~
.~m N_ F.B. = JJt3G'7i CkfRR CtRCUR OOURT, ST. WCE 00, FlA
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~ogether with all and singular the teneme~ts, hereditaenenri u+d sppurfsnces thereuMO belo+ging o? anywise ~ppertai^In9 f~~~ 11~~: issuea.
c,oce~ds and profib sccruing and fo ~ccrue from said prem'aes, afl of wliKh ~re included in tM sbo+r~ a~d for~gdnD d~su~P
TO HAYE ANO TO HOjD the above dcxribed and granted {xemise~ unto the said MORTGAGEE, ita wccestors +^d ~ss~p'"s fo?~• ~ tM W~
their executws, arJministrstors and auigns, hereby covensn?s with the ssid N10RTGAGEE, ib waesfors ~nd +ssipro•
~RTGAGOR for
rnar theY-~7e - lawfutty xized of the said prem~ses in fe~ iimple: that the s+rrw +re hee, cles~ and disch~r~d from all Ikns and N+u~n-
~ they W~~~ a~ their hein shall warraM and d~fend tfie titk ro tM same to th~ s+id
orancef in law or in equity, and that '
M.ORTGAGEE, its successas and assigns, faever agairut the lawful clsims and demands of al) peaoas;
~ PROVIDED, AlWAYS that if the MORTGAGOR shall p+y u~to tM MORTGAGEE the ptomissory note her~inbefo?e d~wibed ~nd s1»I~ frtdY. P~~W~Y
~ and futty pe?form, d;uharge, execute, complete, comp~Y with and abide by esch snd every the stipulatiau, ayreemenb, co~ditrons and oovenanri of said
cromissory note •nd of this Nbrtgsge, then this Mort9~ge +nd the Estste hercby ue~ted ~+II uase +nd be rn+~~ a~d w'd• ~d
~ IT IS UNDERSTOOD that ti~e wwd "Mortgsgor" whether in the singular w plvral anywl~e in this lNortyspe, sh+ll be sinpulat if or» only ~nd
si,atl be plur~l jointly and severslly if more tha~ one, a~d thst the wad "their' +s used +nywhere in tbis Mo?tgay~ sMll be taksn to mean •'his:• •'I+en:•
or "its;' wherever the context so implies w admits. Also, that whetever there ia • referenc~ in the tovsnanb and ayreemenb herei~ contained to any of
;he part~es hereto, the same sh~ll be constrved ro mean as well at the heirs, legal r~ese~?t~tives, successaa and ass~p^s (eithe~ vol~^t~ry bY ~f of tM
partip w invofuMSry by operstion of the law) of the same and that The covenann F~erei~ coroained shall bi~d and the benefin +nd .dvantap~s inw~
ro tne respective hehi, leg+l rcpreunt~tives. successon and su°gns of th~ psrfi~s heroto. _
i qnd said N?ortgsgors, ior themselves snd their hein, legsl representatives, successon and auip~, herebY iantly and stvar+lly cov~n+nt and ayrae ~
ro and with t h e sa i d J N
O R T GA G EE, its successon +nd assiyro:
1. To p+Y afl and sinpulsr ths principsl and intaest snd the vsriovs ~~d sundry svms of nwney p+Ysbl~ bY virtw of ~sid promissory note, snd this
_ mortg~gs, e+ch ar?d every, pro~+Ptly on the days respectively the tsme sev~rally betome d~re.
2. To p+y sll ~nd sinyufsr the taxes, assessrnents. Isvies, lisbilities, obliy+tions a~+d ~ncvmb~+^us °f ew~Y ^~~e ~^d ^OW uid d~scrib~d
Property. a th~t hereafter may be ~mposed, suffered. Plaad. Iwied, w ~:sessed thereon, w thst her~afta m~y b~ lev'~sd a as~aad ~rpa~ this Ma~4'
ege, a the irdebted~eas setvred hereby, each and every, whan due and payable, saordinp to bw, befon they becan~ d~li~quent, aed b~fw~ any iMerest
attaches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD iHE SAME SFIALL EE PROMPiLY SATf5F1ED AND DISCHARCsED OF
RECORO AND THE ORIGlNAL OFfIC1Al DOCUMENT (SUCN AS, fOR INSTANCE. THE TAX RfCE1PT OR THE SATISFACTION PAPER OFFICIALIY ENDORSEO
~ OR CERi1FIED) 5NAll BE PLACED IN THE HANDS OF SA~D MORTGAGEE W~THIN TEN DAYS NfXT AfTER PAYMENl; snd in the eve~t th~t any thereof is no1
p~~d, saYsfied and d~scharged sa;d MORTGAGEE may st any time pay the ssme w+nY P+~ thereof without waivin~ or affedirg sny option. ~~~n. equity o~
•~qht unde~ or by virtue of this mo~tgage snd the full amount of e~ch and every such payment shall be immedi+tely due and psy+ble •nd shall bear interest
~roT ~tie dafe +t~A•eof ~n'~! ea d aT rate of nine per ceMum per ~nnum ~nd toyether with soch interest thall be secured by the lie~ of th's mo.gtage.
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