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fORT PIEitCE at ' u, Florida, tha sum of = with intarest from date ~t ?he rale of per ae ,~n ma~'ihTT'" +
~
meM3 N fOllOwf: on the dsy of ~ - 19 snd ~ liks svsn on tM cor?e+? d~y of ~sch ma?M!h~h'
a?ter until tM wholt be fully p~' .
Esth installment iint ihatl b~ spplie ayme~t of tM inieroif and 1Fxn an ths unpaid balaoce p~incip~) wm. _ If d~fauh b mad~ in tM
~ ayment of apy instatlment when due. and such continues 30 dayi, fha~ +t ths optan of t , ud wit}wuf an1 otMr notice, all fhe rertylninp
~~stallmants sha~l be dw and payabl~ at once. Privikge ' ee fo prepaY this nole (n who p~rt ~f any tims without paytty. PNillwr fonb~annc~.
nor accept~nte by the holder thereof •htr sny default in~anY paY hereon, sh emed exter+sion. A bte payment cMry~ d 3 . sMll b~
~ddoat to ea<h ioaullment remaining vnpaid ~ days aft~r iri dw d~~e, a~ swn shall ba add~d b each wch i~nta{tme~» r~whin~ ~np+id 7 d~ys +fter
each succeeding payment date. ~ ~
Each maker, wrety ar.d endorser hereof, joinNy u~d y, waives demand. pr 1 protat snd ratiu of protest for ~a?p+ymsnt, snd futtlw
ag~ees to any pxtension of time of paymenl, either baf aher maturity, wltkout notice to a f us; ~r+d to pay all cosri of eollectio~, intltidinp •
re3ionabls a»aney's (eQ io the event of aay heieur~der, and hereby severally waives all bene larnestead snd exen+ption und~r 1h~ we+stitution •
and laws of each State of the Un~ted St s aga, nat this oblgatian ot any sxter.sion or renewal hereof.
Wilnett th! hand and eith parfy.
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4 60.00 - St~te aeven~a
P pos~ ng paymsnl of iaid sum of p~?form+nw of tl+s
NO`~N, THEREFORE. the MORTGAGOR fot ths ur of securi 4O
covenants ~nd a9reerrants hereinafter exprrssed. snd fa diven good u+d wlwble conaiden~io~s, by thew presenri, tlo~s 9rM+t, b~rqain, a~ll, nmise,
retease, oonv~y and confirm unto tht 1V10RTGAGFE, in successors and asaiy~i, ~If that censin {ot, piep or p~resl of I~nd, sitwta, lyirg, and Mwq ln tl+~
County of St. LL1Clt _ ~nd Stat~ of Fbrida, d~wib~d as fdlows:
Lot 1 of Andrew & Co's SUbdivision as recorded in Plat_Book 1, Page 33, St. Lucie
County, Florida and that part of Government Lot~1 of Section 15, Toamship 35 South,
Range 40 East; described as follows; Beginning at the ~forthvrest corner of said Lot -
1 Andrew 6 Co'.s Subdivision, ther,ce Northwesterly along the East right of aay of
the Florida East Coast Railroad; 21.10 feet to a concrete monument; thence East
and parallel to the North line of~said Lot l, Andrew & Co's Subdivision, 239.48
feet to a concrete monument; thence hortheastezly , 147.27 feet to a concrete
monument; said monumenL being 37.85 feet Northwesterly of the North line of said Lot 1,
Andrew and Co's Subdivision as measured along the tRTest right of way of Indian River
i?rive; tst~ce East and parallel to the North line of said Lot l, Andrew & Co's
~ubdivision to the ttest shore of the Indian River; thence Southeasterly along
~ the said 4~est shore t~ the North line of-said Lot-i, Andrew & Co's-Subdivision;- -
~ !hence c.`est to the Point of Beginning; and including ripar~.arn rights, less right of
~ ~~ay for Indian_ River Dtive .
This is a~second ~aartgage bein9 junior and inferior only.to a prior first
mortgage from mortgagors to mortgagee dated March 5, 1973 and recorded -
in O. R. Book 213, page 215, Public Records of St. Lucie County, Florid a.
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4 G' r IN PA11Y6N OF T11XES
RECEIyEp i
- ouE oM cu?ss ~ ~Kr~ ~F w~xn.
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oou~r. ss. wc~ ca. Fu
royether with all and singul~r th~ tenements. hereditaments snd appurtu~ces thtrevmo bslaginp or in~uryw ~alnirg NNnb, and +II nnts, hsu~s,
~~xeeds and profin scuuing a~d ~o scws from said preniises, all of wl+ich ~re included in th~ abow a~d ~arpob+p daniption and h~ber~d~er~.
TO HAVE AND T HOLD the sbove rJescribed ~nd granted premites unto th~ said NIORTGAGEE, its waeatan ~nd ~ssiDns fo?wa• Md th~ N~d
M.ORTG~~R~ aretRelZ ~;n, executws, adminisfrators and assegns, hereby covsnsnn with ths said MORTGAGEE, its woceuors ~nd assipn,
r~~f - Iawfully seized o! the ssid premaes in fee simplet thst tM ~ams ~n frK, deu ~nd d'acFur~d fran tl~ns ~nd ~
:,•ances in Iaw or in equity, and thsr they N,~~~ a~ their hein shs11 wur~nt and def~nd th~ titb w tM same ro tM saW
:~.oRTGAGEE, Hs successori and sssiyns, forever against th~ lawful claims and demands of all persaut
~ PROVIDED. ALWAYS that if the NIORTGAGOR ahall p~y unto the MORTGAGEE fhe promis~orr twt~ heteinbefw~ desvibed w+d sh+l) In?ly. p?ompfN
3-d fulty perfwm, d~scharge, execute, compkfe, comply wifh snd sbide by each and every ths sYipulatian. ~yreernsn», conditioea and cown+nri of s~id
c~o•n~ssory note and of this Mortgage, the~ this Mortgsge and the Estats htreby veated ~hall tt~se and b~ rwU ~nd void.
IT IS UNDERSTO00 tFMt tf~e word "Mortyapw" whether in tF?e singubr or plural ~nywhen in this AAorty~ye, shatl b~ skgular N oM o~ly u~d
shall be plural jointly and severally if more thsn one, and that the wad "thei?" as used anywhere in thK Mortysp~ shsll b~ uk~n to m~sn "hb,° "Ma," Q
_r "its," wherever the context w implies or admits. Aiw, that wFxrevar thcre is s r~ferenp in fhe coven+nri and g?~?b herein oontain~d to airy of ~
r-.e psrties hae% the ~ame shatl be cautrued ro mesn ~s well ~s the hein. Ipsl ?epresantdiws, wa.esson s~d assipnt (either volunqry by act of th~ ~
rarr~es w involunary by opers~ion of the Irw) of the ~sme and tMt the covenants hertin coMained sh~ll bind and th~ bsn~fits ~nd advanta~s irnxt
ro t!,e respective hein, legal rtpresentatives, svccessors aod au~gro of the puties herefo.
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Ar?d ssFd Mort9~yo?s. for tl+emselves snd thcir hein, leyal represent~tives, waessors aid aaipns. ha~by joir?tly and stva~lly cQVen~nt ud ~prK ~
!o a:?d with the said MORTGAGEE, its sucsesxxs and assiyro:
1. To p+y all snd iingvlar th~ principal and inserest ~nd th~ variovs and sundry wms of monty payabb by vi~tw of said pramiuwy not~, and this
mer.9+ye. ~ach and ~very. Womptly on the days respect~vely the same sewrally becarr dw.
- 2. To pay all snd singulx the a:es. ~uessmenta, I~vies, tiabilities, obligatiaa and encumbnnca of wery nalvr~ ~nd kk~d now on sdd desc?~+d
p.operty, a that hsr~aNa msy b~ impo~ed, svffered. P~+ced, levi~d, a ausswd tMrsa4 w tlu~ Iwr~after may b~ levid a aaw~ad upon thia Maf¢ a~aac
age, w tM ird~beedneu iecvred hereby, each and every, rvh~n due and payabie. ~aordiny ro I~w, b~fon they becan~ d~linqueM. ~nd bsfor~ ~n~? kn~nst p
a++aches or ~oy psnalty is i~cwrcd; AND INSOFAR AS ANY TNEREOF IS OF RKORO TNE SAME SHAII SE VROMPTIY SATISfIED AND D~SCHARGEC OF O~p
kECORD AND THE ORIGINAI dFfIC1Al DOCUMEN7 IStJCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAYER OFFICtAIIY ENOORSED
OR CERTIFIED) SHAII BE PLACEO 1N 1HE HANOS OF SAID MORiGAGEE WfTHIN TEN DAYS NEXT AfTER PAYMENT; u~d in ths tvtnt that u~y thKeof is rw1
a~ pa~d, sa~'sfied snd d~xharged sa:d MORTGAGEE rnay ~t any t~me psy the sanw o~ any psrt thereof without waivirq w aff~ctirq ~e~r option, ii~n, puity or
n~ht under w by virrue of this mo:tgsye and the full smo~~t of each and every wch payment shall be imrnediarely dus a~d pay+bl~ +nd thall bear int~rsst
~rom rh. dare ?~,e~e~f r.a d~r .ate of nine per cemum per seown +nd together w~th such imeres• sMll be secwed by the iien cf th"s margraqe. -
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