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TMIS INDENiUkE. Mad~ ehe_~_h day of $@at~~_ ~p 19 7` betv+N^
Paul D Bdd Jr d Ga~ C wifQ
of St• LuC~f__ Cy~n1y Fiorid~, M=ra'u+atter desy~~~ s 11i5 '"I~R~~~:~ f~kST fFDERAI SAVINGS ANO LOAN
n550CIATtON OF FORT ?IciKE. ~ cc+pw+t~on organi:ed and ~xisti~g unda 1M'laws of tM United St~ N Ni Am~~~ca ~nd h~~inp itf principal plac~ of
bus~n~is tn tM City of Fort Pi~rce, St. lucie County. f~or~d+. here~naf~er dsspnatlf! ~L N?t rNbRiGA
~ ~ ar:d lawful ma~ey oi the U~~ted
WHERkAS ~h~ MORTGAGOR is j~idy indrbted ro tF+s MORiGAGEE io 1M su:~t~K
;•ates advanced by the MORTGAGEE u~to the ARORTGAGOR, as evidented by a tcr in p~omiuory ~ot~~ ~e~ d+~e he«with, of wh~ch ~he idlowi~ :n
. ~~r. • .
..c~ds and figu~es is a t~ve cePY, to-wit: t~"~ ~ i M ~ r y 10021066
4~ , 000. 00 ~'1O
s fcvl Pierce. f1«ida, ~pt~~r 5 ~p 74
For val„e receivcd, 1, we w eithe~ of us. Frorn~sc to pay, without d.:fa!ca:~o~, fo thr order of i1RST FEOERAI SAVINGS ANO IOAN ASSOCIATION OF
=;1~T PIEAtE al Fort Pierce, ftorida, ~he svm of S~_~--~~~ - wah in~crrsr (rem date at the rate of Z~°.'b ptr an~um, in monthly insta~b
:~~s as foi!o«s: i 385~--~0 0~ 20tb day of _ ~C@~~r_~ ~q.74 and e t:ke sum on the correspond7ng day of each month there-
jr'e: until the whole be FuUy pa~d. .
Etch ~nstallmcnt firat sfiall be app~ied i~ paY~+e^t of the inlerest a~xl then on the ~npaid bal~~oe oi the p.inclpal sw~- If default a msdt in the
rarn,ent of a~y instalimeN when due. and such defaull continues JO days, then at tCx option of Ihe holder. +nd wiirwut any otiro~ notice. all the remaininy
~,~~allment~ shafl be due ar.d payatta at once. Priv:lcge is given ~o p+epay th~s ncte io whole or in part ~t +ny tin?a witho~t pr:Wlty. Neither forelxarance,
19 25
accept=-:e by the ho~dN thrreof aftar any deFduit i~ ~ny paYn+enfs hcreon, ahall be dermed eztension. A late paymeM char9e o4 Z • sf?~~~ be
.:~J_d ro each ~nstatiment rema~n~ng unpa.d 7 d+ys afte~ its due date,,and a l~?r sum shalt be addad to each such instaliment remaining unpaid 7 days ahet
e,:h succeeding paYmenf date.
Each maker, surety acid endorser hereof, jointly and uveratty, waives demand, prasentment protest and r+otice of protest far nw~pcyment, and furtMt
a3rees io any e~tr.u~•n o( :~.~.e i
s•r~•z^S. -~'ti=' ti'f^*e rffP. maeur~rr, w~~4,out no+,ce to any of us; ar+d to pey all costs of cotlection, indud~ny •
~.~,sonable atlomey s fee ~n ~he evem of any d~Fau~r FKreunder, and hereby seve.ally waives all benef~t of homestead and excmption under tf?e constitvliw~
.~d !3ws of each Staee of tne Un~ted Stases, as against this obliga5on o~ any extension w re~~ewst hereo(.
W~tncss 1he hanJ and seal of each party.
s /Paul D. Bddv JY . (sEwU
(s~?U
s/Gail C. 'Bddv ~?u
_ cs~w
_ S66 • 00 ~ s,a,e Ae~~~y~
;ST~T.pf~ClfRl1~l1~'CIrOtIgiRA/ ~101l~)
. and the ormance of the
NOiY, THEREfORE, the MORTGAGOR fw the pu~pou of secvrirg payment of said sum of S . ~
:ovenann and agreements hereinefte~ expresse.~. and fw d~~ers good and wlwble cons~der~tiens, by thesa p~esents, does 9r+^t. b+~9+m, x~~• «^"x~
:::~ese, convey and conf:rm unto tne IAORTGAGEE, its successors ~~d assigns, a:t ~hat certain lot, piece or parcel of Isnd, situat~, lying, and being in tM
Covnry of St. Lueie and State of Flo::da, de~cribed ~s follows:
Lot 12, Block 4, ?ROPICAL BBACH BLOCKS 3 b 4, according_!o the plat thereof on
f ile in Plat Book 10, Page 9, Publ ic Records of St. Lucie County, Florida ~
'
;
m STATE ~F FLCRiD~ ~
• OOCUMEt~iTARI',,;~;`STAMP Z:+?. ~
°c~ C° a~P:. or REVFi:vt • y~ (
i n _ ~ S"c~-4'14 s 6. U a~
M ; IIt02 ~ ~
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. 0~ N NIYMEMf Of UX8
OIIE~ ~ ,C. ~~F ~ PROPER1Ys
1~IIRwNNI W~E1t 71.1~. ~CR ~ 1flL ~c.
, ~ ~
~ t~IC~ C0, ~71~ i
f~;e?F.er with all and singular the tcnements. F+ercd~tsn~nts and appurla~ccs there~mo belonging or i~? s~rywise ~PPeNSinirg thereto, and ~II reori, iswts,
:•oceeds and p~ofits atcr~ing and to acaue from said Na*sises, all of which are included in the above and fore9oinp desa~P~b^ ~^d Mb~^dum'
10 HAVE AND TO HOID the above descr:bed and gra~ted prcm~ses unto tF~e s+~d N10RTGAGEE, iri wccessws +nd +uiy^s faever• Md ~ w~
.'.ORTGAGOR fu their e~cKUtws, administrators snd essigns, hereby covensnri with the said N10RTGAGEE, its wccessors u~d ~sdqra•
tt1P,~Y_??Yg--- Iawfully se~zed of tFro said premises in fee simple: that the s~m~ sre free, clear ud dischuyed from al) lier?s ~nd ~
their ~~s i},~~~ W~rrsnt a:~d defend the titk ro the s+me to th~ s~~d
~«rces in iaw or in equity, and thst they w~~~ a~ _
:.^RiGAGEE, its succeasors and auigns, fwever against the (awfvl claims and demands of all persotu;
~ PROVtDED. ALWAYS that if the M4RTGAGOR shall psy unto the MORTGAGEE the promissory note hersr~befae desaibed ~nd sh~l) trvly, prompRill
d`u(IY perfwm, d~scharge, e~eecute, comp3ete. canply vrith and abide by each and every the stiFulations, sgreemems, conditioro snd ooven~nb o( ~+d
;--+ss~ry note and of this Mwtgage, then this N1~rfgsgc and the Estate hereby created shall cesse and be rw~l and vo~d-
IT IS UNDE.RSTOOD that the word "Mwtgsgor" whether in the singular or {.I~ra! anywhere ~ ~his Nb?t9~ge• sh+~~ be s'^y~+~+r °~~Y ~
a:! be plural jointly and severalty if more than one, and that the wad "their" as used snywhere in tAis Mort9sye shali be tsken to mt~n •'his.•• •'hen•"
•"~+s," where~er the conte,ct w implia or admit:. Also, that wherever the~e is s reference in ti~e co+en~ob u~d e~~eeme^b hs'~~^ co^t~i^ed W a~Y ~ b~
c'he parties F+ereto, the sart+e shall be constnred to mesn ss well ss the heirs, Iegal rep~esentatives, waeswn ~~d +ssiprn (~ither voiuntuy by scT of fhe
;a•t:es or invot~mary by operalio~ of the law) of the ssme and lhat the covenants hrre~n contained shsll biod a~d the bK~efits sed sdv~nta9es inure ~
the respective heirs, tegal represen+atives, successws sod au°grn of the parties hereta
And said Mortgsgors, fo~ themselves and tlxir heirs, legsl representatives, successo?s and suig~s, hercblr lointly a~d seversll~ coven~M ~nd ayree ~y .
ro and with the said MORTGAGEE, ib s~ccesson and assg~:
1. To pay sll and singular the p~incipal and interest snd the various snd sundry swna of moneY WY~ bY virtve of said promiuory note, and fha ~
.-,ortgagr, each and every. p~o+~p~ly on the days respectivety the sarne severally become due.
2 7o psy ~II snd si~gulx the laxes, assessmenn. leries, lisbilities, oblg+Yaro snd encwnbr~nces of eYery n~~xe +^d ~d ^o'"~ a^ ~'d
oroperty, w that hereafter msy be imposed, suffered._placed, lev~ed, a assessed rhe=eon, a fh~t heresftN rr.ay be levied or ~s~eswd upa~ this Nlorq'
a9-, or tFK indebredrxss aecured hereby each and every, when dve and psyabk, accwding ro law, befae they become delinquent, a+d befon any imer~sl
r~+eches w any penalty 7s inc~ned: AhD INSOFAR AS ANY THEREOF IS OF RKQRD THE SAME SHAII 6E PROMPitY SAi15f1E~ AND DISCNARGED Of
~~CORD ANO THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, TkE TAX RFCEIVT OR 1HE SATISfACT10N PAPER OFfIC1A:lY EN0CIRSE~
CERTIFIEO) SHAII BE PUCED IN THE HANDS OF SAID AAORTGAGEE WITHtN iEN DAYS NFXT AFTER PAYMENT; and in the eveM 1ha~ +eY thereof a^a
::a d, sa~ sfied and d+xharged sa~d MORTGAGEE may at ~~y hme pay the sarne w a~Y p+rt thcreof without w+ivin9 w affectirg arry optio~, lien, equ~ly o?
~~;nT ~~der o• by v~rt~e of fh~s ~nortgage ~nd the full aR+ount of each aod every such payment shall be immediatdy dve and p~yable and shsll bear interes?
c:, .,re pf ~~ne per centum per annum and togetFur with suth intetest shall be secuted by the lien of th s ~~c-~+a~r
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