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TNIS INDENTURE, IIR~d~ tli~ 3~h d~Y of ~r~,~r ~1.0. 19~ btMn+r?
M~r~in L. ?Dc~as and oilar E. ?hcwa~s ~ir xif~ '
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of ~is cp~nty iio~ida, hereina{ter de~~n+~ed as tM "MORTGAGOR," a~~ST ~iEDE~I~~{~'s5 ~D IOAN ;
ASSOCIAiION Of fORT PIERCE. + corpo.a~ion wg~rwzed ~nd ~xiuiep u~ the lawi oi tl+~ Uniqd Sut~s of ~ a~d M np Tn pll~tf pl~ce of ~
bus~n~ss i~ tM Ci of fon Pierc~, St. lucit County, ilorida, he~einafter dei ~atecl as the "MO iGAGEE." _
~Y •
WHEREAS the MORTGAGOR is justly indebred ~o ~hs MORiGAGEE in~he wm o! S~~~ po~d and lawful money otlhe Un~ted
S:etes advanced by ths MORIGAGEE unto the MORIGAGOR, ss evidencex! by • tertain promiuay nott o( even date h~r~with, of whlth 41k folbwinp i~
..ordi and figures is a true copY. ~o-wit: ° ~ 1~~1W'~
=_~Q.800.00 gQp~absr 30, 197Tt- ~
Fo~t Piuc~. Flo?id~. ~
For value rece+ved, 1, we or either o( ~s, pramiso to pay, wi~hout defalca~io~, to Ihe ordar of fIRST FEUfRAI S~AVI~NGS AND IOAN A550CIATION OF
::~RT PIERCE at Fort Pierce, F:orida, the sum of 5-~-`!1--~~~ w~rh i~u.~r~r~zsr trom dale a! the rate of L~` °'o pe? ennvm, in monlhly instalM
,~s p iot!ows: S-'~~-'-~ t~ dsy of ~x~~~~! 19_~_ tnd • liks wm on the cwrespondinp da/ of each month tfu?r °
e••rr untii Iht who!e be fu~ly paid.
Ea:h in~ts~lment first shall bs appi+ed in payment ol the inte~e~t and thrn orc the unpaid bslance of the princ~psl ium. If default t~ made in the
~ieN of any inatallme~t whcv~ dua and such Jefa~lt continues 30 doys, then at the option of the holde~, and without any o~her no~ice, sll the remaining
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„raltmen~s shalf be d~e and paya6te at once. Privilrge is given to prepay this note in wfiole w in pa•t et any tims wilhoul penalty. Ne~ith~et ~ore rance,
c• acceprance by ~he holder thereof after any defaulf in aay paYments hereon, shall be deemed extension. A late payment char9e of 5-~-l~^.- ~
u i••d ro each insra~:rr~nt remaini~g uepa~d 7 days after hs due data, and a:i~e aum shall be addrd to each such installment remaining unpaid 7 days after
~,;n succeeding paYment date. ~
Each maker, wrety a~id endwser hereof, ~ointly and severally, wa;ves denand, presentment protest snd notice of profest for nonpaymenf, and further ~
~.~re•as ro any extens~on of fime of p~ymeN, eitner beEon or after ma~urify, withaut nence to any of us; and ro pay all costs of collection, intluding •
~s~nable attorney's fee m the event cf any defau't here.rnder, aiid Fxre6y seve~a:ty waives all benefit of horc~stead and eaemption under the conslitui'an
;i 'aws of eacH S~ate ot the U~utrd Statrs. .is 3931'Uf this obligeli~ or any exter.sion o~ renewal hereof. . !
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Witness ~he hand and seat of each pe:iy. s/ L~ ' i
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_ 6~2~ State Revanut . ~
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NOW. THEREFORc, the MORTGAGOR fw the purpose of securing payment of sa~d sum of S 7vs~~~ and tMe performance of ths
covcnants and agreements here~nefter expressed, and for d~vara gco~ artd vatuab~e considerations, by these presents, does grant, bargain, sell, remiu,
~se, convey and co^firm unta the MORTGAGEE, i?s succesncrs and assign:, att that cenain 101, piet! O~ pucel of tsnd, tituate, lying, and bein~ in 1FN
County of T~~e and State of fbr~da, desui6ed as followa:
Conda~ini~ata Parcel go. 231 of CAP3TA1~ I, sccording to t.hs Declaration of
Candoadniua t.6ereo! recorded in Offlaial Record Book 232s at pagea 619-7u
o! tbe Poblia Nrscorde o! 3t. I~ncie Connt~r, F1oMda.
SDBJSC? to ts~ and conditioos of said Dsclaratia? of Condo~inin~, the
Artiel,sa of Lxorpora~ion, B~-Lava and Dealarstian of Ca~ensnt~e and
Rsatriations o! Oeeaa Vill,age Pro~er'b7 OMnsrs' Aeaociation, Inc., dth
ifiicL ter~as and ac9aditiaoa tbe a~rtgagor _cv~enaats to caopS~ aad pertor~.
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~ oz O~JCUMENtARY StAMP TI X ~ ~ - ~
~ OEP7.Oi AEYENVE= , ` ~ ~
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o.= ~~~c,~ _ E~••--•-f ~ ~ i ~r~ rnn~ar oF ~riucEs
ut~ o~ c~ss ~ urr~ r~teso~ PaePmtr,
. . . . . . . . . . . . . . _ . . pur~wrr To ~x n-i~. ~crs aF i9n.
~oc~x voRw~s
CI.ERK CtRqIR COURT, ST. u1C~E C0~ M
~c~eTher w~th all and singular the tenementa, he?ed~taments and appu~tances thereunto belx+ging or in snywise appe?taini^0 tF~tro, and all rents, issw~.
_•oceeds and profirs accru~s~g and to accrue from ssid prcrt:is~s, all of which are irxluded in the ~bove +~d faeyoi^9 dt~~W~ ~+b°^dM^'
TO HAVE AND TO HOID tFr_ above desc~ibed and gnnted prem~ses umo the ssid MORTGAGEE, its t~ccessors snd au~9^i fwevet. Md th~ said
vRTG~A{,G~OR iw --~e~------ ~j~s, executors, administrators and auigns, hereby toven~nri with the saitf MORiGAGEE, iri avtoetsps ~ed assipa.
~!i°~. a~ Iawfuliy se~zed of the said prem~ses in fee simpte; that ths sams are free, cleat and dixMrqed from al) liero and K+tum-
~~nces i~ law or in equity, and thaf t~~ wi~~ and t~~ heirs shall warranf and defeed the titb to tM sam~ fo fbs saW
'.'.ORiGAGEE, its successors and assigns, lwever sgainst the lawful claims and demands of all petsons;
~t PROVI~EU, ALWAYS that if the MORTGAGOR ~ha?1 pay ~nto tF~e MORTGAGEE the promiswry note hereinbefwe dewibed and sMl) fruly, promptly
~;t:
~ fu'ly pesform, d~scharge, e¦ecute, compiete, compty with and abide by esch and every the stipul+tions, ~greemenri, cw~ditioro and tovenants o ss' ~Q
~ ~ nuswy rwte and of thia Mor~gage. then tnis Mortgage a~d the Estate hereby ueated th~ll cesse u~d be nul~ and wid• ~
~ 1T IS UNDERStOOD that the word "M«tgagw" whrther in the s~n9ular or -plvral ~nywhere in this Mortgsge, shal) be w~pul~r ii ont on1Y a^d ~
.ha!1 be p:urol joi~tly and severafly i` more than o~e, and that the word "their" ss used snywhere in this Mwtgage shall be takM to mean "hb: "'hen."
~ -"i~s," whercvzr the consext so ~mplies or admits. Also, that wherever there is s reference in the covenaMS and ~qreements herein oont+ined 1o any of
~~.e parties hereio, the iame shall be consirurd to mean as well as the heirs, legal rep~esentatives, wccessws snd ~up~u (eithet volvnNry by scl of th~
: rrt:es or involuntary by operation oF the law; of rhe same and that the covensnq herein conteined slufl bi~d a~d the benefits and advant~ges inw~
c the respective heirs, legal representatives, successas and ass~gns of the parties hereto. ~
And uid Matgagors, fw themxlves ar.d thei~ lxirs, leyal re{.rexntatives, sucuuas artd ~uig~u, ixreby jointly and ~everally oovensnf snd ~pree
~o and with the wid MORtGAGEE, its successors and asi~gns: ~
1. To pay ~!I and singular t1~e principal and in~erest and 1he various and sundry sums of money payabk by virfve of said promiatory not~, and this ~
_ -.ar+gage, esch and every, promPfly on the days respectively the same severaliy become due. ~
4. To p~y all ~nd sing~far ~he taxes, assessmentt, levies, li~bilities, obl'gations and encvmbrances of every natwe and kind raw on said dtstribed ~
Groperty, a that ixreaher msy b~ impoted, suffered, ptxed, levied, w assessed the~eon, or that hereaft~r may b~ levied or auessed upon thb Mort~-
ag., o~ the indebted~eu secured F~ereby, euh and evay, when due and paysble, accordiny to bw, befwe Ihey become delinqutnt, snd befor~ any imKqt
ereeches p any penalty is inturred; AND tNSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED ANO DISCHARGE~ OF
?:CORD AND iHE ORIGIhAI OFFICIAL OOCUMENi ISUCN A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICtALIY EN~ORSEO
,,R CERTIFIfU) SHAII BE PLACED IN THE HANOS Of SAI~ MORTGAGEE WIiHIN TEN DAYS NEXT AF1ER PAYMENT; ~nd ie the tvent thal any tlxreof is no1
: a;d, saYSfied and d~scharged sa:d MORiGAGEE msy at a~y time pay the same w any parl thereof without w+iving w alfectir~y arry optioo, lien, eqvity o~
~:~hr ~~der or by v~rtue of this mortgage and the full amount of each and evcry such paymeM shall be ~~ed~ately due and psY+bk a~d shall beai intKest
,i... .re••. d,> ~ate of nine pet cen:um per annum and together with such inlecest shall be setu~ed by the lien of th's morgtage.
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