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?~it1 A11gl1Sti A.D. 19 74 betwten
TMIS IN~ENTURE, AMd~ the day of
Bethel Baptist Church o£ Fort Pidree, F1or da, nc., a Corporation not
for ~rof it unde r the laws of the State of Flor a~ _ .
of cti• 1+11C~A ~ ~p~nty Flaids. FIlfCiMlttf deti~ynatrd a> >he "MORTGAGOR," a~d FIRST fEOrRAI SAVINGS ANp IOAN i
ASSOCIATION OF fORT PIERCE. a rnrpaat~on wgan~ced and existing unde~ ~he laws o! the Unitrd Stat~~ of America ~nd Mvin~ itt principal plu~ of
bui~nea in ~hs Ciry of Fwt Pie+c~. S~. lucis Cou~ty. Flwida. h~reinal~er des~gn~~ed as rM "MORTGAGEE:'
WNEREA~ tht MORiGAGOR is juilly inddbted to the MORTGAGEE in the sum of S-~~ ~ go~1 and lawful meney oi the Un~ted
S!ares ad~anced by tFw /dURiGAGEE ~~to the MORTGAGOR, as evedenced by a crnam pramistwy note oi oven date herewilh, of wh~ch the ioflowiny In
„ords and ligures is a t~ue copy, lo-wih 1W[1VC4
s ?n_000.00 NO 7
Fo» Pierte, Florida, Augus~' 7~ ~q
Fo~ valve rece~ved. 4 we or e~~hrr of us. p:om~se ~o pay, without defslcaiion, to ~he order of FIRST FEOERAt SAVINGS AND IOAN ASSOCIAiiUiv uF
~.;tT PIERCE at Fcrt Pie+cn, Flori~3a, the sv:~ of =~~i~~•-~ w;th ~nrr~ st irem dat' at the rate of 9'K `Yo per ~nnum, in monthly install-
rs as fo:'ows: S- 1~~'OO_-- un tho ~~h_ da, or _ November ~q 7~ _ and a like sum on the corres~+~.d~ng day of aach moMh there-
,•~~:r until the who!e be FuUy pa~d.
Each enstallment firs~ sh~ll be app'~etl ~n pat~~ent of the interest and thrn on the unpaid t,alente of the principal sum. If default is made In the
,,,,~,ent of any instai:me:~t when due, and such d~favi~ continvc~ JO days, the~ at ~he option oF ihe ho~der, and withoot any other no~ice, ali the remaininy
,!a!iments shail lx due and payab~e at oncr. Pnviie~e is givrn to prepay this oote i~ who3e o~ ~n pa~~ ~1 anY t~ms w~thaut per?elty. Nei~her forebearance,
accep+ante by the hutder thereof ai!er any defau!t in any paymenls hereen, sfiafl be c3eemed extension. A iale payment charge of ~8~ shall be
_.i_d to eech instal~ment ~emaini,ig unpa.d T dsys aftar ita due dare, and ~ fike sum shell be added to each suth ins~ailmeot rema~ning unpaid 7 days after
ea.h succeed~rg paym.rnt da~e.
Eech maie~, surety a~~d endorsnr hrreof, jcirn:y and se+eralEy, warves demand, presentmeN protest and notite of protesl fw nonpayme+~t, ~nd further
: 3~ees ro any extens•on of ~~me o! p.:~~~:em, ~+~r.e• ir_tore or after maturity, wirh~ut na:ce to any of us; and to pay all eosts of eolledion, ineludin~ a
.>c~~able attorney's fee ~n the event of any defa~tr he~c~nder. ant! hereby seve~atly .va~ve~ alt benefit of homestead end exemption under !he con~titution ~
,•~d !a,NS of each State of ~he U~~ted Sra;es, as 3J3~f1~1 ~h~s ob~~~at~ B w~ an,Le~ctenA~o~~el~~~~fOF FORT PIERCE~ FIARIDA, ~C. •
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Witness ~he hand and seal of eaih party. BY: S/ W~@ W~t@n pl•esident
(SEAU
~orporate Seal Affiued S Isonard Lo~e, Trustee
S/ John kT. Iee Trustee - ~,u
S John M. De?vidsan, Trustee ;
~
, _ ~30•~ State Re~•enue
;5~e~npatencdle~a*er~g~~raff~?Otl1 20 ;
NO'N, TNEREFORE, the MORTGAGOR fw the Fvreose of securing payment of said sum of S + and the perform+~ce of the
co~ena~ts a~d agree~~.rnts here~naiter expressed, and for d~+ers good and valuable caroiderotions, by tfiese presents, does graM, baryain, sell. temis~. !
_:eose, convey srxl con(irm unto the MORTGAG:E, its success~rs and asig~s, a11 that certain lot, piete ot p~rcel of land, situate, lyiog, aod beinp in 1h~ ~
:ovnty of Sti. Lueie and State of Fforida, desuibed as foltows:
}
The North 9!~ fe~t of the ~rJest 21? feet of the North ~ of the Sk~ of the t~ of the
°~_of `'~ection 19, Tounship 35 South, Range !~0 East; LF.SS the West 33 feet thereof
for right-of-way of HcNeil Road; said lands lying and being in ~t. Lucie Co~mty,
~'lorida, ~ .
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A~'~ n~ P~n~a~rr oF
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~ ~ ON CUISS ~C• T~
1 :f ` S QR -r~ ` PURSUANT TO ~
n_~,~OIIAL. PRppERiY~
~ -'2 ~ ~,s,~ ~ , ~ OF 19/l. ~
f~:~'.~ z!\ p,1 C', ROCER PoR C~
~ - ~ '`1 / CLERK CIRqIIT ppUR'~~ ST. ~uCIF Gp ~
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resether w~th al! and singutar th. tenement~, hereditaments and sppurtances thereunto belagirg a in anywise appertairting theroto, ~nd all rentf, issves,
~roceeds and profits accruing aod ta a~uue from said premixs, all of which are included in the sbove ~~d foregoi+?y desaipf'an ~nd habendun?-
TO HAVE AND TO HOID the above dex.ibed and grented prernises unto the said MORTGAGEE, its sutcessor~ a~d asigns fwever. And tM Nid
~ '.',ORTGAGOR iw .--itS ~~rs, exe~utors, administrato~s and sssigru, hercby corenants with 1F~e said 1NORTGAGEE, its iuccesso?s +od ~sslpro.
it -~.3 law.'ully sei:ed of the seid prem~se~ in fee simple; that the san?e sre fne, clear and discharged fram sll liem and ~ntvrt~
~ c~~nces in Iaw or in equity, a~d fhat it w;ll and it'S heirs shall wuraM and defend the titk ro the wms to the aW
~ .'.~RiGAGEE, its s~ccesso:s and ass~gn~, forever against the lawful claims aad dcmands of ~II persons;
PROYIDED, ALWAYS that it the MORTGAGOR shall pay unto fhe MORTGAGEE the promissory rate hereinbefwe dexribed +~d sha~~ truly, ptompth
~ ~~d fuily periorm, d~scharge, e,cecute, comptete, comply with •nd ab~de by each and every tF?e stipulatior.s, agrecments, conditio~s and cwenants of said
.;-c--~~sswy note and of this M.ortgage, then this Mwtgage and the Estate hereby created shsll cesse +nd be null and void.
r; ~
~ IT IS UNDFRSTOOD that the wwd "Mortgagor" whether in the singular a piural snywhere in this Mott9age, shall be iinpulK if o~e only and
~3 s4a'! be ptural jointly and sever~lly if more than one, and that the wwd "their" as used anywhere in this Mo~tgage sha~~ be taken to meui "hii," "hen:'
~ "its." whe~erer the context so implies or admits. Alw, that wherever there is s reference in the tovenants and ayreemenb hetein contained to any of o
~ ,r~e parties hereto, the same shall be construed to mean as well as the heirs, leyal representative~, tucceuws and auigns (either voluntsry by act of tM
;,ar~~es or involuntsry by operstion of the law) of the same and that the covenants herein contained shall bind and~the benefits and advantspes inu?e
~ ~he respective heirs, legal representatives, successors and ass~gns of the parties hereto.
~ Ar+d said Mwtgagors, for themselves and thei? heirs, legsl representstives, successors snd asiiyns, hereby joiMly and seva~lly townaM and ~y~ee
~ ro and with the sa~d MQ~RTGAGEE, its soccesso?s and assigns:
~ 1. To psy s~l snd si~gular the principal and interest and the various and sundry sums of maxy payable by virtue of said promissay note, and this ~
.r,orrgage, each and every. Womptly o~ the day~ respectively fhe same severslly become due. G~
~ 2. To pay sll ~nd singular the taaa, a~ussments, levies, liabilitrcs, obligstio~s and encumbrarxts of every eah+re and kind oow oe s+~d d~suiMd f~w
Property, w that heresfter may be imposed, suffered, plxcd, levied, a assessed thereon, w that hereafter may be levied or usessed upon lhis Mortp' 'w
age. or the indebtedness secvred hereby, each snd every, when d~e and payable. +ccadinp to (aw, befwe they becoms delinquet+t, ~nd befw~ a~y int~rest ~r.?
~~rec++es o~ any penalty is incvrred; AND INSOfAR AS ANY THEREO~ IS Of RKORU THE SAME SHAII BE PROlNPTIY SATISFIEO AND DISCHARGED OF ~
~i ~ORD AND THE ORIGItvAI OffICIAI OOCUMENT (SUCN AS, FOR INSiANCE, THE TAX RECEIPT OR THE SAi15FAC110N. PAPER OFFICIALLY ENDORSED
~ ~ERTIf1ED) SHALL BE PIACED IN TNE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
: r d, sa~ sfied and dixharqed sa d MORiGAGEE mav a~ a^Y P+Y sa^'k a+^Y Part thereof withoul waiving o~ sffecting any optioo, lien, eqvity or
•~k+ ~nde~ or by v~rtu> of rh~s mortgage and the full amount of each and every such payment shall be immediately due arx! p~yable snd shel~ bear ~nfrreft
i,~.. .,.~~j a a~• ~~re of n~ne per cent~m per annum and together w:th such inierett shall be secured by the lien of ~h s m.e~g~age.
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