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TMIS IN~ENTURE. Mad~ the 22nd day of ~•~nuary A.D. 1975 between i
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Millie A. Rhodes, formerly Millie A. Miller, y her husband, Leroy B. Rhodes ~
~f $t . Lucie County Ftorida, hereinafter designate~ as A1 "M T ,'7~ FtRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporat~on organ~zed and existing under the laws of 1M United StatQS of America and haviny iq principal plat~ of
b~s~neu in tM City of Fort P~xcs, S~. lucie Countp, Flwida, herainaitcr designa~ed as tfis "MORTGAGEE""~""•
' 18 000.00.
WMEREAS the MORTGAGOR is ~ustiy indcbtcd to the MORTGAGEE in ~he aum of S. ~ , , good and Iawiul money. of the United
:~ates ad+anced by th« MJRiGAGEE ~nto N~e MORiGAGOR, as rvidenced by a cef~em piomiuwy n~t! ol even date herewith, of wh~ch the fOllowiny in
:.,~Js and ligures is a t,ue copy, ro•w~r: '
S 1 S, 000. 00 No 10021158
~ Fort P~erce, Florida, January 22 ~q 75
For va!~e .xni+ed, 1, v.e u~ ~~~her o} vs, p.om:se ro pay, wi!hout defa!:~,t~on, ~o thr ~,~der of FIRS) FE~ERAL SAVINGS AND IOAN ASSOCIAiION OF ;
.T PIERCE at Fo~t Pirr~e, Florid~, rhe num of s- 18 _ w~~h inte~cst frcm date at the rote of 9~ 7~'e per annum, in monlhly inatall-
~e as ~ouows: S. 191 t~;~?Ot~1 dey of ~YCh 19_.7S_ and a iike sum on the torrespond~ng day of each month there- '
~nh! tne whoie te iu+iy pa~d.
Eeth Instailmrnt tirst shall be app~ird in payment of the intercat and thcn o~ !he unpaid balance of the printipal tum. If deiault is mads in the
znt of any i~~s+a1i~~,r~~1 Nhen due, a:d w:h deEi~L• cont~nues 30 days, then at tne opf~on oi the holder, and without any other.notice, all the remaining
,~.,':mer.t: shall !x due ar:d pa~au:e at once. Fri~,leye is y;ven to prepay th~s note in whole or in part al any time withoul penalty. Neithe~ forebearante,
r acceptance by ~he hclder ~hereof afrer any default in any nay:~enrs hereoa, shatl be d_erned ertension. A lare payment charge of j_ 9• 55, sh~ll be
s~! ~o eech ~ns'a::r~~cnt ren,a~n~ng ~npa~d 7 days aiter ~ts due date, ao~ a Ilke w-~ shal{ be added fo erch such instaltment remaining unpaid 7 days ~her
succeeding pafn:enr Ja~e.
Each maker, surety and enJorser hereuf, ~ointiy and aeverol(y, warves demar~d, p:esentment protes~ and notice of protest fo? nonpaymeM, and further
;~rees to any e>!a :sron of nme ef p,,y•r.enf. e~ii~er before o~ after maiurity, w;thout n~r~te to any of us; and to pay all tosts of collettion, indud~ng a
~s_~~ebte attomcy's fee m the e~ent of any d_~t~utt her~•vnder, and hcreby r Ye~e14y waives aR t,enefit of homestcad and exemption under the constitution
i':xs of each S~ate of +ie tlnited St,te.. ss ~y~'nst th~s ok,l~garion a any r,cte, s~on or renewal hereof.
Y~~tness +hr hand and seat of each p~rti. RhOd@3~ formeYly Millie A•
s/Millie A. ~~U
i er
cs~Au
s/Leroy S. Rhodes ~u
$27.00
- S!ate Rl VZ(1JP
~a7f~7~ Z~1~l~'M!'d~Y~1 ~rAglrf~~ T71p)
NO'JV, THEREFORE, the MORTGAGOR fw the Nurpose af securtng pa~ment of said sum of S 18 and fhe pe?formsnce of ths
co.enants and agrecmen~s hereinafter eap~essed, and for cive~s good and vatuabte cons~darotions, by these prcsents, does graM, bargain, sell, remise,
sz, convey ar~d confirm vnto the MORTGAGEE, ~ts successors and assi~r.s, a:' :hat certain lot, piece w parcel of land, situate, lying, and being in fhe
~•~.,nty of _ $t. I-t~C1B and State of fbr+da, dexribed as fotlows:
Lot 22 LESS ?HE WfiST 5 feet thereof and all of Lot 23, Blcck 2, of THB REVIS6D
SUBDIVISION OF LINCOW PARK, accoYdina to the plat thereof recorded in Plat Book •
4, page 77, Public Records of St. Lucie County, FloYida,
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~ ;~:t~:er with al! and singutar the tenements, hered~taments and appurlances thereunto be~onging o? in anywiu appertsi~ing thereto, and slt rents, isswl,
cceeds aad profits accruEng and to acuue from sa~d prem~ses, all of v~hich are inctuded in the above and forega~g desaiption and habendvm.
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~ TO HAVE AND TO NOLD ihe above described and granted premises unto the said MORTGAGEE, its suttessws snd assigns foreve~. Md th~ said
~ 'C'Q7GAGOR fw - thp~lY heirs, exec~~ors, admin~strators and assigns, hereby covenants with the said MORiGAGEE, its suctessors aod assi~ro,
~ the are y p P $
~ ~~.a~ - -X---- - lawf~i! se~zed of the said rem~ses in fee sim Ir, that the s~me sre free, desr and dischsr ed from •II Iiens and ~ncum-
~ •~~.es in Iaw or in equity, and rhat th~___ wiil a~d _ their heirs shall wsrront and defend the title fo the s~me to ihe aid
~ :'ORTGAGEE, its successors and as~igns, forever agtinst the lawfvl ctaims and demands of all persons;
PROVIGED, AI~YAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe desuibed ~nd shal) trvly, promptty t
~ - d'u;ey perform, d~scharge, execu~e, comptde, comply vr,ith and ab~de by each and every the stipulations, agreements, conditions and tovenants of ssid =
i _~~:ssory note and of this Mortgage, inen this Mor~gage and the Estate hereby created shall cease and be null and void. ~
IT IS UNDERSTOOD that the word "Morfgagor" whether i~ the singular or plu~al anywF~ere in thif Mortgage, shail be singulsr H orse only and
~ oe plural jo~ntiy and severally if more than one, and that the word "their" as used snywhere in this Nbrtg~ge sMll be taken to mean "his," "hers;' ~
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a ";~a,° wherever :he conte:t so imp?ies or ad:nits. Also, that whereve~ there is a reference in the tovenants and agreemenb berein tonbined fo ~ny of ~
.e pa~ties hereto, the same shal~ be construed ro mean as well as the heirs, legal representatives, successon and assigns (either voluntary by act of tM ~
~ ,a~~:es or i~voluntary by operation of the law) of the same and that the covenants herein contained shall bind •nd rhe benefin snd ~dwntagp inure Ub~
~ ~ rhe respective heirs, iegal represe~tat~ves, successors and ass~gns of the parties hereto. ~
3 And said Mortgagors, for themselves and their hein, legal representatives, succeswrs and auigns, hereby jointly and sevnally covenant snd ay~ee
~ •a and with the wid MORTGAGEE, its successors and assigns:
a 1. To pay all and singuiar thc principat snd imercst and the various and sundry sums of money payable by virtue of said promissory note, and tFiu
~ •~~~?gage, each snd every, promptly on the dsys respectively the same uverally become due.
~ 2. To psy all and •ingular the taxes, assessments, levies, liabilities, obtigations and encvmMances of every nature u+d kind now on said described ~
~ ~•operly, w that hereafter may be ~mposed, suffered, plxed, levied, or asses~ed thereon, w that heresfter msy ba levied p~sseued upon this Mwt¢
~ a3e, w the indebtedness secured hereby, ench and every, when dve snd payable, sccordirq to Iaw, befwe Ihey txcane deli~quent, ~nd befwt any imetest
~ +•'acnes or any penalty is incurred; AND INSpfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND O15CHARGED Of ~
?~CORO AND THE ORIGINAI OFFIUAL DOCUMENT iSUCH A5, FOR INSIANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED
'+f= ~ CiR;IF1E0) SHAII BE PLACED I~f THE HANDS OF SAID MORTGAGEE WIiHIN iEN UAYS NEXT AFTER PAYMENT; and in the eveM thaf any fhereof is not
d saYsfied and discharged sa'd MORiGAGEE may at any rfine pay the ssme or any part thereof without waiving w affecting any option, ?ien, equity or
~ •~~~r under or by virtve of this mortgage and the ful~ amovnt of each and every such payment sha~l be immediately due and paysble snd shall bear inte~es~ ~
~ <<e~~ +~e ~.'afA r~e•e:,i vr+~~ ra d a+ rate of nine per cenrum per an~um and together w~th suth interest shall be secured by the lien of th's morgtige.
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