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THIS INDENTURE. M~d. tl,. 318t d~y of ~C~Ob61' A.D. 19 M~w..n j
Ft. Pierce Flying Service, L~c., a Florida corporation, ~
of ~'ti • I~1C~9 Cpm~y Florida, t?KSinattst d~ig~+~ed as tM "MORTGAGOR," ~nd FIRS~ FEDERAI SAVINGS AND tOAN •
ASSOCIATION OF FORT PIERC~. + oapor~tion orp~~ized and exiiting ~r tM laws of th~ United S~at~ of Amsric~ a~+d Mvinp in prt~cip~l ptac~ of
busie»sa b? tM Gty of Fort Pi~rc~, St. tuci~ County. fbrida, t?~roiMher desiqna~ad as tM "MORTGACsEE."
WHEREAS tM JNORTGAGOR i~ j~stly ir~bt~d to t!r NWRTGAGEE in tha sum of S 52~~1~`~ , yood and lawful money of ths Un~ted '
States ~dv~~xed by tM MORTGAGEE unto tM MORTGAGOR, ~s evidenced by a certaio promissory nole of eva+ date hertwith, of wh~ch the idlowinp ie
.~•wth +nd (iyurts is a irw copy, fo-wit:
i~2-a~100.00 ~ 7 QQ27119 ~
F,,, r,~.n. F~.. Octobe r 31~ w~_
fa value rectivtd, 1, we or eithar of us, promise to pay, without defslcation, to !he wder of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Florid~, the sum of =~Z~~~•~ with inra.r~e{a.t from date at the rate of ~°.~a per snnvm, ire mw+thly inst~ll-
,;~enn as follows: i~89•~ _ oo the day of ~CBHIb@1' 19-L~ and a like svm on ths cwrespondirg day of esch ma+th th~re-
airvr until the whole be ivlly paid.
Eacb instal{m~nt fir~t ~hall be appt7ed l~ paymen~ of the inierest ~nd thcn on the unpaid balance of ihe pri~cipa) wm. If defauh is mad~ in ths
Faymeret of any installme~t when due, and such default continues 30 days, then st the option of the holde~, and without any other notice, all ths ~emaininp
insrallmems shall be due and psyabte at once. Privile9e is given to p~epay this oote in wFale or in put at sny tim~ without pe+?~Ity. P~leAith'-a 'f-wabeatantt,
nor accepta~c~ by the holder thercaf aftrr sny default in sny Fayments he~eon, shall be deemed exteniron. A Iate psyment chsrg~ of iS~1~Y~ shsN b~
added to eech ins~allment remain;ag unpaid 7 days afrer its due date, s~d a(ike wm shall be added to each tuch Ms~aument ram,~n~~q unpaW 7 d+ys +h.r
each succeedirg paYmem da1e.
Each msker, surety ar+d endwser hKeof, jointly and severally, wsives demand, presem~~nt protest and notice of ptotest for nonpayrne~~, and f~rther "
agrees to +ny extension of time of payment, either before or after maturity, w~thout not~ce to any of us; and to pay all cosfs of collection, includ~rq a
reasonable atto~neyi tee in the evenf of eny defautt hereunder, snd hereby aeverally waives all benefit of homestead aod e:emption under the co+utitWion
a~d laws of each State of tFus U~ited States, as against this obtigation a ~ny eztension or ~enew+l hcreof•
~tnass 1Fa hand and ieal ef each party. p~•R~ ~~~Q S'~~CiF+ ~~Ci • ~
By: S/ D. A. Darlin~, cs~wu
C orporate se al af f i~ce d ~ Pre s ident " ts~?u
- Attest: S/ (3eorae S. S~er. ~
. _ _~~Secretarsr, Treasurer ~
~ ~78.6~ ) State Revenue ' ~
{Srsn~?~an~s1l~~~giirF-wo~s?- : r~
NOW, THEREFORE, tM M.ORTGAGOR for the purpose o1 sec~ring payment of said sum of i X~V~•~ - aed tl+e P~rfort^~^w of tln
covenants snd sgr~ements !?ereinafter txpreued, and for divers good and valwbls consider~tions„ by ihes!• ptesants, d0~s pranf, bNpain, ~eil. remiss,
reiease, convey and conf~rm unto the MORTGAGEE, in wcceuws and assigns, all that oert~io lot, pkce w puoel of lan~ sitwte, Iptop~ ud 6sJy in t1»
Counry of $ti. ~1C~.@ aod St~te of Plorids, dexribed as followu . ,
Condom~inium Parcel No. 335 of CAPSTAN I, according to the Declaration of Condo~iniuu~
thereof, recorded in Official Record Book 232, at pages 619-711 of the Putbllc Recorde af
Lucie County, R'lorida.
3
GUBJ~'CT to ter~ and conditions of said Declaratian of Condoninium, the Articles of
Incorporation, By-Iaxa, and Declaration of Covenants and Restrictions of Ocean Village
~'roperty Chmers' Association, Inc., ~rith Wt?ich terms and conditio~ns the aartgagor cove-
nants to coaaply and pe rform. .
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rogether with all and si.gular the tenements, hered~tsments and appurfances therevMO belong'ug ot in snYwik aPperf+intnp 1her~to~ +^d all rx?b, issws,
oraceeds snd profin acuv~ng and to sccrue from said premises, sll of wFi~tfi xe induded in ths ~bov~ ~~d forayoirg dpaiption and h+bendum•
TO HAVE AND i0 HOID the above dcavibed +nd gr+nted premises unto ths said MORTGAGEE, lri s~tcesson and assip~s fotwa• Md th~ s~~d
.'.ORTGAGOR for - it$ - he~rs, executws, sdminatratws ~od assigns, hereby tovenants witb tM said MORTGAGEE, its wa~swn and auipna.
rnar it' Iawfully seized of the said -premises in fce simple: that the sanK are frw, cku +ed d'ischuyed from all li~ns aed ena~n?
brances in law a in equity, snd that it' wil~ and it'3 hein ah~ll wsrrant and d~fend the titk to tM sam~ to tF~ s+fd
i',ORTGAGEE, its succeswn a~d auigns, forever ayainst the bwful daims and demands of all psnonsj
~ .
~ PROVIDED, AIWAYS thst if tlx MORTGAGOR tha{I p~y unto the MORTGAGEE the promiaorr note hereinbefor~ dKCribed and shdl truly, ptomptly
a,d fvlly perform, discharge, execute, comp{ete, comply with and abide by e~ch a~d every tM stipul~twro, p~een+ents. conditions and tovfn+nts of ssid
rrom~uwy note and of this Mortgage, then this Mortgsgs and the Estate hereby ueated shall uast and b~ rwll ~nd void.
~ IT {S UN~ERSTOOD that tfie word "Mortgagor" whether in the singular o~ plwsl snywher~ in this Mwtype, sh+ll b~ sirgular if on~ only and
~ sha11 be plural 'pintly snd severally ii mwe thsn cne. ~nd that the word "theh" as used u~ywh~ro in tha Mwts~ye sh~ll be taken to mean "h1s.•• •'h~rs:•
or "its," whereve~ the context w implia or admits. Also, that whe~ever thrre is • refererKe in th~ covsnants and syreemenb hKtin coniairnd to a~y of
~ fhe parties hereto, tM ~~r»e shsll be co~strued to mean u well ss the hein, leyal representatiwt, successors and asiip~a (~ithsr volumary by ad of th~
~arr~es or tnvolur+qry by oper~tio~ of the law) of the ssme a~d tfiat the coven~nts henin contained shall bind ~nd the barKfib and adv~ntpa tnur~
+o the respcctive lxirs, kyal represcnfatives, wcuasors and ass~gm of the parGes htreto.
Md ssid Mortgayors, fw themseives and their heirs, leyal represe~qtives, succRSSOrs a~d asipm, hereby laMly and ~wKalty oova+~nt s~d apne
ro and with the said MORTGAGEE, ib successors ~nd ass~gns:
1. To paY atl ~nd iu~gular the prirxip~l and interest and the var'wus and wndry wms of money pay~bb by viNw of said promiswry nW~, and tNr
nortyape, euh and evety, ptomptly on the days respectively tF~e same severslly becane dw.
2. To psy all ~+d sirg~lar tF+~ tazes, sssessmenn. Mvies. Iisbilities. obliQst~oru u+d ena+mb?~~c~s of svsry n+tw~ +^d ki^d now e^ s+id d~sal6~d 74•
properfy, or that hereafter may b~ wnposed, wffered. Placed, kvied, or assessed thereon. w that her~afts? y be kvied w assas~d upon tN~ Mat~
age, w t}r ind~bt~dness seaired hereby, ead~ and ~very, whan due and payabk, aaordiny to law, befon the~rscorne dtlirpuent, and l»fot~ anr k~t~~st
artaches w any per?~Ity is incurred; AND INSOFAR AS ANY THEREOF t5 OF RKORO THE SAME SHAII 6E PROMPTLY SATISFIED AND ~ISCFiARGE~ Of
RECORD AND THE ORIGINAL OFfIC1Al DOCUAAENT (Sl/CH AS, FOR IN5IANCE. THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIALLY ENDORSE~
OR CERTIf1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT /1FTER PAYMENT; and in tF~e evenl that u+y tMr~of is no1
paid, sat:sfied ~++d discharged sa:d MORTGAGEE msy at sny time psy the same w+rry part thereof witho~t w~ivirg w affectirg any optioe+, f»n, equiry or
.~qht under w by virt~e of this mortgsye and the full amo~nt o4 esch snd every such payment ihsll be immediatety due and payable and sha0 bes~ i~tertst
irom ~he da!e the~eof ~nt~i pa d aT rate of nine pe? cmtvm per annum and foyethtr weth sut1~ intetest shall be secured by fhe lien of th's morgtage. '
. Y :=-s:;
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