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r?~~s uv~NiuR~. M.d. ~n.- 3rd a,r of ~~t@Db@I _ - ; A.D. 19~Z4-. b~tw~en
yilton W Bai a~ ife
~f St. 1.11C1@ _~~~r~ Fior:da, he~e~nafte~ defig e as Ihe ORi , ard F1RST fECERAI $AViNGS AND IOAN
n~cOCtATtON OF F01ti PIERCE, ~ cwpor~+wn orytaa~tcd and tx~s~iny undc+ tM lawt af th~ Un~ erica ~r+J Mvirp its principal pl~c~ o~
bus.ness in ~A. Gcy of Fcv~ P.e.c~. St. lucM Gounry. F!aida. hercinaf~e~ desipn~ciC.`!~ .1W00.'~
WHEREAS ~iw MORTGAGOR ia ~vatly ~t+debtt.~ b ~he NORiCsNGEE in ~M s~ASio' ~~5 ~ , yood and tawfut money of the Unrted
St+res adru~ced b~ th~ MORIvAGEE unto +he MORTGA'vOR. ~s er~dr~xrd hY a ce~+~'
,~wiy?~ssary~qp~even data herewith, of wfuch the ioibwing in
6 5~00~. 00 , ~~r. w~:,: i 1 ~ : : t. ~e ~C ~10021060 _
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Fort Pie+u. Flo?ida, September 3 ~9 ~d
fa va!ve rrce+vzd. 1, ,,.r w c~ther of us, F~Om:ac to pey, w~tMut defa:cat~on, to ~Ae o+der of FIRST FfDERAI SAVINGS MID LOAN ASSACIATION Of
~~7 PtE~,:f at Fort P.erc~•, E+o~~da, rtu s~m of S-~~s~Q-?~--- w~rh imrrest frcvn date at th.: rate of _g.r1°a per annum, in monthly install-
as +o::o,ks: S_ 6~•~ or, ~~.r 20thd,,,i __~Oetober 19 74 and a Lke sum on the cwrespondlog d+y of each month thera-
~~a:l the who~e be fu~+y pa•d.
Exh :nsral?r.Knt f:csr shsll be appi.rd i.+ ~vyrr~ent of the 7nta~st snd then cn the unpa+d balante of the p~~~rpa~ sum. If detault is mads in the
~;~~~rn~ of a0y :RS:3~~~nt~! «htn d~.e, utid 'wcn de/a~h conrinues 30 days, then at the oprion of the ho'.der, and without a~y othet notice, a~~ the rcmaining
•.s~e::a,Ears sha?I be d.x end patab.e ar erxe. Pr~~;teqe is g<ven to p~epay tA~s nota in w}wk or in par~ at ~ny t~me w;thout pcn~py. Nri~~~. Q~~brarance,
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~r accep~ante by tiie i+o:dav ther+of aft~rr any defavlt :n any payme~y hereon, sha11 bc dremed extensiw~. A late payment charge of S - sha~~ be
~~_d ~o each ins•al:m~rnt .rnain;ng ~npa:d 7 dars af?e• i!s due date, and a i~ke sum shall be eddrd to each such instailment remaining uopaid 7 days afte?
r~_h succecd.nn p:,n^t da!e.
Ea;h n:a?e~, wret~ and erxforser hereof, juinrty and srvcratly, wa~ves demand, presemment prote~l and nolice of protest for ~onpaym:nl, snd furthet
~~rec+S tp dn~ _Yt2ni~on ef +~r~e of pay.nr~~, e~ther ~fo~e or af~e~ matu•~ty, w~thout ~t~ce to any oI us; and to pay all costs of MIIKti0~1, ioclud~rg ~
..c:~ab~r a:Tw:uy"s fee +n rh- ev:ro of eny defs.,it hcreuoder, and Fxreby sr.e-a.fy .vaives atl bencfit of homestead and exzmption un~ the cautitution
i'a,KS of ~ach S~ate o( ~he U:~.ted $rs:rs, aa a3n~ast this ab~:9ation or any ercens,on w renewal hereo(.
Y.'.:ness the hand a~d seal ot each partr.
(SEAU
S/ Milton 1ti. Baird ~q
csewu ~
S/ Marjorie C. Baird ~
__v97 • ~ ) 5'are Revrn•x ,
NO'X, TFk'RENJRf, the M02TvAGOR fw the pur~ase of x.v~~+g pa/ment of sa~d sum of S 6S~~~•~~ a~d the performance of ths
cove~~ts and agre~me~ts here~nafter capreaxd, and fo. d:vers gaod and raluable cona~drr~tions, 6y these presents, does grant, barg~in, se11, remise,
_.e~x, convey ar~d coc~f:ra~ vMO thE M02iGAGfE, ~ts succruon ar.d ass~gns, atl shat certain bt, pEete or putd of land, situste, lying, and beinp in the
Ccvn~;. of $L. L31C1Q and Srate of Flc~ida, desc:~bed ~s fdlows:
Lots 1, 2, 3, 4 and 5, Block 1, GLIDiDEN TERRACE, as peY plat thereof on file in
Plat Book 9; page 47, public records of St. Lucie County, Rlorida,
AVD AL50 the nozth 25 feet of Avenue H right of vray adjoining south line of said
Lots l, 2, 3, 4 aad S vacated by City of Fort Pierce Ordinance No. 220 on August
26, 1969.
This is a fizst 0ortgage as to Lots 3, 4 and 5 and a second aortgage as to Lots 1
and 2_being junior and inferior only in the latter case to Lhat ceriain mortgage
given by aortgagors herein to moztgagees herein in the original amount of $90,000.00
dated April 11, 1974 and recozded in O. R. Book 226, page 608, public records of
~ St. Lucie County, Florida, corrected by corrective ~nortgage recorded May 3, 1974
~ in O. R. Book 227, page 126, public records of St. Lucie County, Florida,/
~ ~
~ _ STATE : / o~
o~ DUCUMEIYTARY ~
5 O ~ ~ ~ ~Np~ ~ 191
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r~-~erix~ wefF~ atl and s~ngular tF+e tenements. hered~tsments u~d appwunccs thereunto belonging a in anywise sppeASining therew, and all re~ts, issws,
c•xreds and profts sccru~ng snd to xc~ve from sa~d {xcmises, all of which are included in the sbove snd faegoirg deuription ~nd hsbendum.
TO HAVE AND 70 I~OLD the above descr~bed and granted premises unto the said MORTGAC:EE, ib wccessors ard auignt foreva. And th~ s~id
:'~4TGAGOR for thesr executars, adminis~rators and assirro, hereby torersants with 1M said MORiGAGEE, its wtteston snd assiy~s.
-~X- aie - ia«4u1tr x~zed of the said prem~ses 3n fee imple; that the same sre frce, cku ~nd disch~rged from all I'~ and encvm~
_-3^ces :n law or ~n rqu~ry, and that Lhey will and _ the 1! hc;n shalt wsrrant and defrnd the titk to the sarrw to ihe s~id
:~~TGAGEE, ~K successcn and assgns. [ore.c• agairtst the lawful :laims and demands of all perwns;
PROVIDED, ALWAYS that if the MORiGAGOR shall pay unto the 1NORTGAGEE the promiuwy ~ote here:~befwe destribed and shall tndy, promplly
ju'iy perform, d~xMrge, caecuse, compkte, comply wi~h and abtde by each and every the stipulations, agreemenb, torwlitions ~nd tovens~b of ssid
-_-:ssory note a~d of rh:s Mortgage, then this Nb+tqage and the Estate hereby ueated sh~ll cease u~d be mrl) and void.
IT IS UNDERSTOOD that the word "/Aortgagoi' wfietfxr in the singulsr a plunl anywhere ir+ this Mortyage, sball be sirtgulx it one only and
n^a': be plural jo~ntfy and severa~!v ~f ~r.we than one, and tiwt the word °~heir" as used anywhere in th~s Mortg~ge sh~~~ be t~ken to mesn "his;' "hers;'
,'~cs," wherever tf~e cw+tut so ~mp:ies or adm~ts. Atw, fFiat wherever there is a refaence in the cove~ts snd sg~eemenri herein tootained fo any of
.~e pa.i~es Ixreto, tha same siutl be construed to mean as well as fhe hein. Iegal rep~esent~tiva, wccessors sad assigns (either voluntary by act of tht ~
~ar~ es o~ inrotuntuy by o~ratan of the law) oi rhx same and tFat the covenants herei~ con:ained ahall bind snd rhe benef~n snd .dvanra~es irwr~ ~
o rhe respective F.eus, :egal rep~esentarires, successws and ass~gns of the psrt~es hereto.
~y,d ssid IKwtgsgo~s. fw the~nselves and the7r heirs, legat rep.esenut:ves, svccesson and assigns, hereby loiretly and severally coven~nt ~nd ~p~~e ~
~o and with ti+e sa~d MORTGAGEE, in wccessws and assgns: ~
1
1. 7o pay atI ar+d sirgu~u ~t~ pr~r~c;ps1 arwi inreresr and ~he varaus and sundry su.^n of money payable by virtue of said p~omiuory note, and this
-orgage, esch and every. Rrorr.ptiy on the days respect~vely the same sererally become d~re.
2. 1o pay alt a++d s+~gulu the t+xes, assesunents, levies. lisbilit~es, obligstions and encvmbrsnces of ev~y nature and ki~d now on said described
F~~P~+~Y. a that hereafter mry be ~mposed. wffe?ed. P~aced, levied, w assessed thereon, a th~t hereafte~ may be levied or asssssed upon tha Mort¢
age. or the ~ndebred~xss secured hercby, exh and everlr. wtxn due ~nd psysble, scc«d~ng a laN. befwe they become delinq~ent, and before arty interest
e+•ec ~es p any pena~ty is intwred; AFip IKSOfAR AS ANI/ THEREOF IS Of RKORO THE SAME SNAII 8E PRONIPTLY SATI5FIE0 ANO DISCWIRGED OF
~ECORD AAW 2HE ~RIGiKAt OFfICIAt DOCUMENT (SUCH AS. POR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAVER OFfIC1ALlY EN~ORSEO~
~F CERTlfIEO) SHAII 8E PIACED iN THE HANOS OF SAIU MORTGAGfE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event that any tFroreof is not"'
a•d s~+ sf;KJ ~r~d discha~9ed u d IAORTGAGEF inay at any t~me pay the same or any part thereof vrithovt waivirg w sflecti~g sny oplan, ~ie~, eqv~:y or r
•.ai.? .,•,de• h, ~f rb~s --+o~~gage and the futl amovnt of cach and every such paymeM shalt be immed~stely dve and payabte aRd sfiall hear interest
- - . - ~ oi n:ne per ccntvm per annum and rogNher w:th suth iiterest shall be secu~ed by ihe lien of tn ~ r-e-~rage
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