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29th October 19 74 b.~w..n
THIS INpENTURE. N1~d~ th~ - d~y of
ti
ic or . ztin e en . rtin, hisi~w e
St. Lucie
of County ibrida, h~ni~ah~r dage+tad +s th~ "NIORTCw " ~nd fIRST FE~ERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a cwpa~tion apanis~d +nd ~xutirg w+dw th~ I~wa of 1M Unit~d Stata of Amtriu and 1+~v1np its prindWl plaa d
bwines~ in th~ Ciry of fut PiKa. St. luci~ Ca?nty, fbrid+. her~inafla d~iipMNd a tM "MORTGAOEE.".
WHEREAS fh. MORTGAGOR b jusrly ir+debt.d w rM lNORTGAGEE in fh. wm of ~ 15~6Q0.00 ~~~fu1 mawy of tM Unit~d
Sut~s ~iv~nc~d by tM MORIGAGEE umo the MORTGAGOR, ~s ~videnced by a cat~ie~ promis~ory no1~ of ~wn d~ta Mrwvith, of wkKh ths followinp in
wo~ds a~d ffp~res is a t~w copy, lo-wit: , '
~ 15.600.00 N, 10o21~oq
~ P~. October 29 19~
fw value rece:v~d, vw o~ either of w, promis~ to p~y, without defalution, to ths ord~r of FIRST FEDERAt SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fort Pisrce. Florida. the swn of ~ 15-~600• ~ with inte~Nt iram daq N ths raN of pa +nnum. in mo+dhly irot~iH `
ments ss foltows: ~ 146.00 ~ the ~.Q~1day of na~ p~be 19.Z~ and a lik~ sum a+ tM cosrespo~d+y of n'°^th tM~~'
after vntil ths whol~ bo fvlty psid. ~ ~
Eath installm~nt first.sF+all b~ appli~d in psyment of ths inte~ett ~nd tFen o~ tM unpaid b+l+ooe of th~ printip~l sum. lf det~uh k rnsd~ M tM
paymci+t of ~+y inslallmenf when dvs. ~ed such defauh continves 30 days, thcn at ~he optioo of the holde~: +nd without any otMr ~t~ither fo~tebtaanc~.
~nstallrner+t~ ah~ll be due and psyabk at once. Privil.ye is yiYen ro prepaY *hk nofe in whoM or in p+n ~f any tirtw without p~n+hy.
nor scceptanc~ by tl+e holder thereof .afte~ aoy defauh in anY psYments hereo~, sMll be dee.xd axteniioo. A late paymsot d?iry~ oi s~-=~-. shall b~
added to each initallment remaininp unpsid 7 days eftar its dw date, ~nd a like wm :hall be added ro eath svch installment r~mairti~p w~p~id 7 dsri ahe?
each succeedi^~ WYr^e^t dat~.
Esch makx. ~~~e~y and endoner hereof, jointty and severally, waives demand, prexntmeM protat a~d notics of protest for ~onpayment, and fwtMr -
agroes to any extension of time of psymero, e7thc~ before w aftar mswrily, withovt not~ce to ~ny of ut; snd to paY all oosb of collectan, includinp •
reasonabk attor~ay's fee in ths ~vent of any defauh hereunder, and.he~eby severally waives all benafit of homestead ~+d exemptiot~ undK fhs caatitutio~
and Iaws of exh State of the United State~, as agsinst lhis oblig~tion or any extension a renewsl Fu~sof.
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Witness the .h~.~~d sod ses) of each p~rty. - %
i~?U
S/ Victor L. Martin ~
, l~?U .
S/ Helen M. Martin ~
~ $23 .40 ] Sfsts Revenoe '
n
~ 15 _ f~00 . O~ , and +hs P..fo.m.~o. of th.
~ NOW, THEREFORE, tM ~NORTGAGQR for ths pvrpose ZS~ tec~rin9 P+Yment of s+'d ux^ °f s
covenana and apreemenb hereinsfter expreased, and fw divert ~ood +nd v~?wble considerations, by tha~ prssMts, do~s prant, ba~p+ln, s~tl, remi~s,
release, convey and confirm unro tM MORTGAGEE, in waessors ~nd suigns, ell that certain bt, piec~ w parcel of 1~nd. situ+t~. ~Yinp. ~nd be~^0 ~ 1M
~~h ~ SL . I.UC 16 and State of Florida, dewib~d as fdbws:
Apartment No. 105, Building II, vf ISLAIYD tiOUSE COI~iDCX?tINIUMS, PHASE I~
according ta the Declaration of Condominium and all exhibits~ thereto
dated May 23, 1973, zecorded May 29, 1973 in Official Records Book 214, .
Payes 1858-1933, of the P~blic Recozds of St. Lucie County, Florida,
together with all of its appurtenances according.to said Declaration
of Condominium and all exhibits thereto and together with all tenements
and hereditaments thereto belonging ar in anywise appeztaining to s aid
apartment.
~ SUBJEC2 to the terms, covenants, agreements, obligations and provisions
of said Declaration of Condominium and all exhibits thereto which the
~ ~lortgagor in all things does covenant to ~Sortgagee faithfully to obseve
and perform. ? -
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STAT oF ~ SD RpD A~ . o .
QOCUME?dSAAY `
~ y~ NI PAYM9ff pf TAXES
~1 ~ i~fPT. QF RE1tfNUE;s~ 4 y~ } Pt~PF~tly~
-~•c e•~ - _ uCt91'74 O~ p1E ON CtASS'C INTMIAIBLE
en - P0. '=t ~ y a?~wr To ct~rr~ n•~~. ~s aF iy~~.
~ = ili02 R06ER POITRA4
. " ClEliK CIRGItT OOtlA7. SL lw:k. CO.. FLA ~
togethtr with all ud sir~gular ti+s tenements, herad3aments a~d appurtances tMrwnto bela~pirg or in ~nYwiM aPPabininD ther~to. ~nd ali ra~ri, .isswi.
procee~ls and profin acouinp and to acuve from said premises, all of wFi~d+ are incl~Kled in the sbov~ and forpoirg daulpRia? +nd IMba+dw^•
TO HAVE AND TO HOlO tM ~bore desc?ibed and gnnted prtmises unto ths ssid AhORTGAGE6 its sr+ccescws +nd +ssia^t forew~. Md tM s~id
lNORTGAGOR forthell - heirs, exscutors, a~iministr~tors and ~uiQns, hereby cov~nts with th~ s~id IMORTGAGEE. ib suoas~on and ~ssipra.
~Mt theY are _~,~„F„ity seaed of the s+id premis~s in fee sunplr, tMt the ~sm~ ~n fru, clw and dhclwy~d from ~II li~m and ~
br~nces in law a in equity, and thst t he y will and t he i r hain sMll wursM ~nd defend the Htk to th~ ssrM 1o tM sNd
AiWRTGAGEE, in succeuas u~d essi9ns, foreva ~9ainst tM lawful daims ared demands of dl personst
PROVIDED, ALWAYS tMt if the MORTGAGQR shsll p~y vnto tFN MORTGAGEE th~ promis~ory rat~ het~j~befw~ d~w~bed +~d s~ll Mviy, promptly
and ful~y perfwm, discMrge, execute, compkte, comply with sr?d abide by each snd wery the qipulations, ayreemenri, conditions ~nd covtn~nb of sdd
prom;asory note u~d of this Mortgage, t??en this Mwt9s~e ~nd tM Est~te hereby aeat~d shall us~e and b~ rwll and void.
IT IS UNDERSTOOD tMt the word "Mort9apor" whether in the sirgulu or plural.anywMn in tha Matyap~, ahsll b~ sin~ilar if a+e anfy a~+d oC
ihsN be plursl joi~tly and severally if mors than one, and that ti+e word heir" u used anywiwn in tha Mwtpap~ sMll be t~kan to mean "his." "7Mn." p~
w"its:' wherever tl+e contex~ w implies or ~dmits. Alw, that wherever there k a taferenc~ in tlw aoven+nb and s~re«nsMS he?ein oontsk~ed to ~ny of
the parties hereto, the ~ame shall be constrved to mesn ~s well as the heirs, ky~l represfnt~tives, suooessors ond +lsipro (eF1M~ vol~nta~Y b1? +a of tht
pen;ey er ;nvoluntary by operation of tFw law) of the sams ~nd that the covenanM herein oontained shall bind and ih. ban.fin and advantap.s i~wr•
to the respeaiw heirs, kpal rep~escntatives, succeswrs and ass~pns of fh~ parties hereta
And uid Mortgayas, for thamselvs and their hein, ley+l r~eseroarives, s~,aesson and assip~s, herebY i~N and teva~lly cov~n~nt snd apr~e ~
ro and with fhs tad MORTGAGEE, in successon +nd +ssi9^~~ e~ -
1. To p~y ~II ~nd sinyulu the ~xindpal ar~d int~~est and the vu'a~s snd wndry wms of momY P+Y~bM bY vi~tw of sad PfO1TM~Y ^Of~• +^d this r^
mon~ape. ~ach and wery. PromPtly on the day~ ?e~pccYrv~ly th~ samt sev~rally becan~ dw.
2. To pay all a~d sinyular the taxes. assesxnsen. Iwies, liabilitia, oblig+Ywro and encumbr+nua of sv~rY Mtur~ and kind ^ow said d~wi~d
Prop~tY. a tlNt hereaft~r may b~ imposed, suffa~. P~+ced• kvisd, w~ed theraa+, or thrt Mn~Na m+y b~ levi~d a ns~s~ad ~+Pa+ tlaa Ma~O' ~
aye, w tM ind~btedneu annsd hersby ~ach ~nd every, when due and p~y~ble, aawdirg to tsw, b~fore thsp becane d~linqwm, and b~for~ a~? int~nat ~
a t t s c h e s a a n y p ~
n a l t y i
s i n c
w r e d% A N
D l N S
O F A R A S ANY THEREOF IS Of RKORD THE SAINE SHAII 6E PROMPTIY SATISf1ED AND DISCNARGED OF
RE~ORD ANO TME ORtGINAI OFFIUAI OOCUMENT lSUCH A5, FOR INSTANCE, THE TAX RECfIPT OR THE SATISFAC710N PAPE R O F
F I C I A
I L
Y E N D O R
S E
D
OR CERTIf1ED) SHAII 8E PUCED IN 1HE HANDS OP SAIO AhORTGAGEE W1THlN TEN DAYS NEXT AFTER PAYMENTs u+d in fM ~wnt th~t any tMnof is no1 t
paid, sst:sfied and discharyed w:d MORTGAGEE may at +ny t~me psy the ~ame w~~Y P+n ~haeof w~tho~t waivi~y or affectirg ~ny optan, fise+, eqvih or ~
~~qh~ under or by vinue of this mortyage and tF+e full amount of each +nd wety such payn+tnf thall be imnediatdy dut snd pay+blt ~nd shall bs+r 'w+ter~st
~ro^~ •he da+e thereoF unt~l pa'd at rate of oine pe~ tentum per annum +nd lo9ethtr with tuth inttrqt shall b~ set~red by the lien of th's morgtage.
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