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THIS INDENTURE, Albd~ ~he ' 6th ~y of AUqt]SL - A.D. 19_~ betwean
Forest E. Grose and 5hevl$ M. Grose. his wife
of Lucie , County Flo~ida, hereinafesr det~gneted as ths "MORTGAGOR," snd FIR51 fEDERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, ~ corpo?a~~on w9anized snd exiitinp u~d~r +he laws of the Un~t~d Stat~i of Am~rita and havinp its princip+l plu~ of
bui~neu In tM City of fat Pi~rc~. St. Luci~ County, Flaida, her~i~~f~er desgnated as tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is ju~tly indebtad ~o tM MORTGAGEE in the sum of S~y~-rM yood and I~wful money of the United
Srafes adYanced by the ldORTGAGEE unto ~he MORiGAGOR. as evidsnced by a cer?~~n promissay no~a oi even dale her~wi~h, of which the followirp in
~orda a~d fiqures is •~~~e copY. ~o-wi~:
i,~~
(X~4 .00 ~ 1 AA? 7 O-2?
x4 7
Foti Pierca, Flor~da, _AugUSt 6 -19.~.._
fw value received, 1, we or ei!her o~ us, promiu to pey, without de~alta~ion, to the order of FIRST FEDERAt SAVINGS AND LOAN ASSOC~ATION OF
t;;RT PIERCE at Fo~f Pierce, fbrida, the sum of ~•~0•~ w~th interost from date at the rate of ~a1~ per enrtum, in moolhly imtall-
_~••;rs as foI!ows: S-~6.~-- a^ tF+e ~t~1ay of S@pt@mb@r 1q 74 and a like sum on the carespa~d~ng day of each month therr
e~ter until the whoie tx f~lly pa1d.
Each installment first shall ba applied in paYmx~t of the inferest ~nd then on the unpaid balance of the prir.c~pal sum. If def~u~t is msds in 1M
Fa;~nent of any insta~lmcnt when due, and such defautt cont~nves 30 days, then at the op+ion of the holder, and without any other notice, al) the remaining
~~~:rallments shall be due and payable a~ o~ce. Priv~le9e is g~ven to p~epay this note in whole or in part st any time without penalty. Neitfier fo~bearance,
r:or acceptance by the holde? ihereof aftei any d~ault in a~y payments hercon, shall be deemrd extension. A late psymH+1 chsrg~ of i-sc~.s~l~~++~~
~dd~d to each ~nstallme~~ remafning unpa~d 7 days aftcr ih due date, and a fike avm shall be added to each tuch installmem remainir?p unpaid 7 days aher
each autceed~ng payment dafe.
Ea:h r..skc:, sure!y ar.d e^d^•s!~ hereol: 4oint~y and severally, waives demand, p~esMlmeN proftsf and notice of protesl fw nonp~yment, and further
a3rees to any extens~on of ume of payment, eithe~ before w afur maturity, wirhou? notlce to any of us; and to pay ali cosis oi c~+~~1:an, ind:;dir~ a
~e,sonable attorney's fee ~n the event of any defavit herew+der, and hereby severally waives all benefit of homestead and exemption ~nder the w~s~~f~Yan
:sr:s of aa::t~ S.~:e 'he ll~:+^~ G:3!e~, as >g3,~st th~~ obl~qalion or a~y extrnsion or renewal hereof. ~
Witnes~ the hand and ual of each party.
ores . r9se ~u
- csEnu
ey a . rose ~
7rj.~ State Revenue
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S~y~~~~ .+^d the Pe?ffl?m°^~e of ths
covenants :nd agreementf here~nafte~ expressed, and for divers pood snd valuable considerations, by these p?esents, does 9~sM. bar9ai^• sel~• remise,
r~•fease, convey and co~iirm unto the MORiGAGEE, its successon and as~igns, atl that cenain bt, piece w pucel of land, tituate, lyinp, and b~irg tn IFa
Covny of S t. Lue ie and State of Florida, dewibed ss follows:
[,ot 19, less South 80 feet of West 125 feet of South 202 feet and less North 122 feet
of ~••est 100 feet of South 202 feet, Block 4, PIi~WOOD StBDIVISION, Plat Book 5, page
24, public records of St. Lucie County, Florida ?
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~ DUE ON CIASS'C INTANGIBIE ~ER9Qt~Al PkUFEP.P!,
PURSIJIWT TO CtiA.°TER 71-13a. ACTS Of 1911. y~, p'
fiOCER POIiW~ ~
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C1ERR qRWIT OOURf, Sf. UICIE ia, Ftl.
~ogether with alt and singular the tenements, ixred;tameM• snd appurtancea thereunto belaiying w in anywise appert+ininy thereto, ~nd all renn, issues,
croceeds and profits xuu~rg and to accrue from said premius, all of which are incluJed in the ~bov~ aod forpoirg desu~ptp^ +^d Mbs^dw^•
TO HAVE AND TO HOlO the above described and granted premises unto the said MORTG/IGEE, its svcte~son and euipns foreve?. Md iM satd
'ACRTGAGOR fw ~~~s, exec~tws, administrators a~d assigrts, hereby covenanri with ths s~id MORTGAGEE, it~ sucusson +nd +ssi~^~.
~r ~1eSL r~Le lawfulty se~zed of the sa~d premises in ite simple; that the ssme ~re frte, ckar and diuh~ryed from all lie~ and ~ntwo-
~ E-ances ~n taw or in equiry, and thst theY w~ll and their hein s~tiall warrsnt snd defend the title to the sam~ to the s+id
:'.ORTGAGEE, its successas and assg~s, forever against the {awful claims and demsnds of all persons;
t: rate hereinbefw~ described and sh+ll truly, promPtly
~ PROVtDED, ALWAYS that ii the MORTGAGOR shall pay unta the MORTGAGEE the promisswY
~~d fv~iy perfwm, d~scharge, execute, comp~efe, comp~y with arsd sb~de by each aod every the stipulstions, ayreemenb, conditior~ ~nd coven~nti of s~id
~ ; rcmisso?y no~e and of this Mortg~9e, then this Mwtgage and the Estate hereby ue~ted tMll ce~se snd be null +nd vo' •
~ IT IS UNDERSTOOD that the word "Mortgsgw" whether in the sirgular w plwsl aoywhere in thif Matg~ge, sMll be sirgulsr if one only ~nd
_ shali be plural jointly end sevrally if more than one, s~d thst the word "their" as used anywhere in this Mwty~gt thall be taken to me~n "his:• ••h~h•• ~
~ cr `its;' wherever the context w implies or admits. AI~, thst wherever there is • reference in ihe toverwnts and ~greernents herein contained 10 ~ny of
r ~he partie~ hereto, the same shall be constrved to mean ss well at the heirs, leyaf representatives, wtcessors ard auiyro (eithe~ voluM~ry by ~tt of the
parr~es or involuntary by operation of tix lawl of the same and that the covtnants herein contained shall bind and the benefin snd adv~ntapes inw~
~ ~o the respective heirs, legal representatives, wccessors and au'gns of the psrties hereto.
~3 And said Mwtga9ors, fo~ fhemulves and their heirs, legal reprexntstives, iuccessws and ~uiyns, hereby joinNy a~d stverally coven~M snd apr~e ~
ro and with tFx said MORTGAGEE, its successors and ~ssigns: -
1. To paY sfl ~nd sinpulsr rFK princ~pal and ~merest a~+d the vsrious and sundry sums of moneY peY+bk by virtue of s~id promissory ~ote, and this ~
~ mortgage, each and evcry, pranPtty on the d~ys respectively the same severally become due. ~
2. To p~Y all and ~ingulu the taxes, asxume~ri, levies, li~b~lit~es, obHgatrons ~r+d encumbrances of every n~tur~ and kind r.ow on s+id d~sc?i
property, or tMt hereaha may bt imposed, suffered, placed, levied, or ~ssessed therea+. w that hsreafter may b~ kvied or usessed uPOn lhis MoAQ'
age, w the indebredr+ess secvred hereby, e+ch and evay, when due and pay+ble, accordieg to law, before they becarw delinqwnt, x~d befon ~ny i~t~r~st
attaches w any penalty is incurred; AN~ tNSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHALL 6E PROMPTIY SATISFIE~ AND DISCHARGE~ OF
RECOR~ ANO THE ORIGlNAL OiFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFIGIAIIY ENDORSED
~"z~ OR tERTIFIED) SHALL BE PIACED IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the evem t!?at any thereof is not
~a~d, sat'sfied and u~uharged sa'd MORiGAGEE may at any tirr.e pay the same o~ anY P+~? the~eof `N'~hw?~ ~^'airing or •ffectinp ~ny optan. ~ien• equity a
•i~ht ur+der w by v~r~ve of this mortgage and +he ~ull amount of each and every such payment shall be immediately due snd pay+bk +nd shall beu interest
t,~.,, eFe da~e ri~. rPOf ~~!~i pa d a+ ~ate oi n~ne per centum per annvm snd toysther w~th such iMerest shall be secured by the lien of th's morgtage.
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