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THIS INDENTURE, Mad~ the 7 L}l day of ~,E~t>> tl:~ ry A.D. 19__. betwt~e? `
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_ Stevrn J. Tr>>>nor anc' C~rol G. Traynur~ his tivif~~ ~
St. )_uciF t?
oF " Counfy Fior~da, heroinatter det~~Ct~i the7'M~T~AGOR,~ snd FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, + twporat~on org~ni:etl and exis~inq undar Ihr law~ o! Ihs United S?at~f of Art~e~ita snd havinq in pri~c~pal plac~ of
bus~ncss in tM City of Fort P~erce, St. lucie Co~nty, florida, he?einaite~ de~~g~ated ss the "MORTGAGEE:. . -
WHEREAS tM MORTGAGOR is justly indab~ed to ~he MORTGAGEE in the sum of S 9,~ , good and lawful money of the United
~!ates adranced by the 1J!ORfGAGEE unto the MORTGAGOR, as evidrntrd 6y a ceriein promisswy Dote of even date herewith, Of wh:ch the iolbwiny ln
.~~rds a~x! iigures is a true copy, towir: ,
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s_ A~~~.nn . + ~_1~022176 ~
fwt Pierts, ftorida, ~ehrua rv 7 ~y_~_ ~
Fw va:ue re~eived. I, ~~r or cither of vs, pro~n~ie to pay, w~lhou~ defalcailon, to the o~der of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of
~ORT PIERCE at fcrt P~ercr, Horda, the wm of S- -~-y-Q~ - w~th intrrrst frcm date at the rate of ~~~°'o per annum, in monthly install-
~~s as fo~:ows: S__ ~_~_.?2` a, ~t,a 20th ~ay or __ia re 19_7S and a like sum w+ the correspond~nq day of each month therr ~
s'!er uMi! tne who!e be t~lly pa~J. .
Each instailmrnt firat shall be app'~~-d in payment of tl~e interest and tF~en o~ the unpa~d balance of the principa) sum. If default is made in the
,~,~nant of any insta~lment when due, ar.d w.h defauft tontinuea 30 days, then at the opt~on of the ho~der, and without sny other notice, all the remaining
:sralimenU shal) tK d~e and payablc at once. Pn~~icg~ ~s given Io prepay this note in whole or in part st any time without penalty. Neithet iwebearante,
~or acceptance by the hofde~ thereo( after a~y def~ul? in any paymenrs herecn, shal! be dcemed extension. A late peymeM tharge of ~~i~, shall bs
_i.i_d ro ezch installmeor remain~ng, unpaid 7 days after iYS due date~ and a ilke avm shall br added to each such installmeM remaining unpaid 7 days after
r ~ch succerd+ng paymem dare.
Each maker, surety and endorxer h~reof, joinily and severaqy, ~n•a~ves dema:~d, presentment protest and notite oF protest for nonpayrtxnt, and fu?the~
a~rees to any e,.tension of ri~~e of paymeN, r~~her 6;:'ore w after ma~wity, wi~houl not~ce to any of us; and to pay a!I costs of collection, i~xluding s
i.~.sonabie attomey's fee ~n the even: of any defauh I~ereu~der, and here6~~ sr~erally waives aU benefit of homestead and eaemption under the constitWion
~ d ians of each Srate ot the U~+~ted Stares, as aya~:~st ~h~s ob~~garion or any eaterzs~~ or renewat hereof.
Witness the nand and seat oi ea.h party.
(SEAU
S/ Steven J. Traynor ~qt)
cs~?u
513.50 Sf Carol Tr-ti~nor ~
i State 8eveaue
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l~i0'N, THEREFORE, the MORTGAGOR fof the purpose of secwing paymem of said sum o4 = 9~~n - n~_, and the perfwmsace of the
:~venaNS and agreemeMS he~e~ne4ter expressed, ar.~ for divers good and valuab!e considerat~ons, by these presents, does grant, bargain, sell, remise,
rc.ease, comey and con::rm 4nto ~he MORTGAGEE, its succensors and ass~gns, ai: that certa~n lot, piece or parcel of I~nd, situate, lying, end beir?g in tht
Co~nty of St.. t-LiCl P and State of florid~, dexribed as follows:
r_ots ~~1 ~r~' F?lock i?t^~T'S cT-r~r`IVISI~~', acc~rc7ing to thc~
~'at th~r~c~` on f11P in ~lat '',ook S, ~a~c~ 1'', of tl-,~ ?ubtic
''~c.or-c's o` Si . Lucic~ Co:anty, Floric'a
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L(O R 1 D A~ ~EeE 5~
S1AMP TA~ I ~C'~~1~''1~
' v. m STATE C~!~ 4~~
I ~,Y DOCUMENTARY~:~~-~ .
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i ° ~ ° DEPi. Of REYElIUE
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~ `~qethe~ wrth all and aing~tar the tencmeros, hereditaments and appurtaoces thereuMO belonging or in anywise appertaining thereto, ~nd all renb, iuves,
~oceeds and p~ofirs accruirg and to accr~e from said premius, all of which are irxluded in the above and fo~e~oing destription +nd habendum.
~ TO HAVE AND TO HOLO the above descnbed and granted premises unto the said MORTGAGEE, its sutcessws snd sssigns forever. And tM s~id
~ ,RTGAGOR for heirs, executors, adminiurators and assigns, hercby covenaNS with fhe ssid MORTGAGEE, it~ sutcessors ~nd assipm,
t~1P a] I"C'
•••dr - y----- Iawfo~~y se~:ed of the said prem~ses in fee simple; that the wme sre free, de~r ~nd discharped from •I) liens and ~ncvm-
a
' r ~ances in law or in equity, and thar__~.~G~- will and t!~~' ~ r heirs shall warraM and defend the title to the s~me to the s~id
` .'•:RTGAGEE, its successors and as~egns, foreve~ against the Iawful daims and demands of all persons;
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PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry oote hereinbefcre destribed and sh+ll Vuly, p?omptly
~ --.d fuliy perform, d~scMrge, eaecute, comp;ete, comply with and ab~de by each ar?d every the stiputations, sgretments, condifions and tovensnts of ~aid
3 0*„ssory nore and of this Moftgage, then this Mortgage and the Estate hereby aested sFul) tesse and be null ~od void.
: ~
IT IS UNOERSTOOD that the word "Mo:tgagor" whether in the sin9ular or plural anywhcre in this Mortgage, shsll be sinpulu if one only and M
3 s=~~'! be plural jo~ntly and xveralfy if more than one, and that the word "theii' as used ~nywhere in this Mortpage thall be taken to mean "his," "F~en;' r~~
~ "+'s," wherever the context so implies or admits. Also, tF.at wherever there is a reference in the covenaori and apreemenri Ixrein contsined to any of W
e parties hereto, the same shall be co~strued to mean as well as the heirs, (egsl represenqtives, sutceswri ufd aseiyns (eithe? volunlary by act of th~ c.~
~ ;:arr[es or i~valumary by operation of the taw? of the same and that the covenaot~ herein containtd shall bind and ihe benefiti snd sdvanf~yq inW! ~
~ c she respective heirs, legal represematives, successors and ass~gns of the parties hereto_
~ And said Mort s, far themselves and their hei?i, I sl re r~sentatives, successors snd +u' ns, here ntl and several covaiant and ~ee W
9~~ ~9 P g bY la Y ~Y ~
~ +o and with the uid MORTGAGEE, i~s successors and assigns:
1. To pey all and :ingular the printipal and ineerest snd the vai~o~s and sundry sums of money payable by virtue of said promissory note, and this " Y ;
~ T.ortgege, eath and every, promptly on the days respectively the same severally become due. pco j
~ 2. To psy all and sirg~Iar the taxa, assessments, levies, li~biliYres, oblgations and encumbr~nus of every n~tur~ and kind now o~ said described Om ~
~ croperty, or that hereafter may be imposed, suffered, plsccd, levicd, or ~ssessed thereon, a th~t heresfta may bt levied p assesfed upat tiaa Mort¢ ~
age, or the indebtedness iecured hereby, euh and every, when due and payable, sccwding to law, before they become detinquent, snd befon ~np inta~st
~ ~~~eches or any penalry is incvrred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL SE PROMPTLY SATISf1ED ANO DISCHARCsED OF '
RECORO ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCN A5, FOR INSTANCE, ~HE iAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENOORSEO
° ~~~R CERTIFtED) SHALL BE PLACfD tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thsf ~ny thereof is no1
~ :a,d, satsfied and dis:harged sa:d MORTGAGEE may at a~y t~me pay the same w any part thereof without wsiving w affectin9 •ny optiw?, liea, equify p t
~ •~~ht unde~ or by virtue of this mortgage and the Full amount of each and every such payment shall be immedfately due and payabk ~nd thall bear interest ~
~ :,o~ ,+.•e +~c,~c' d ar ,ate oI mne per cent~m per annum ar+d together w~th such interest shall be secwed by the lien of !h's me-grage.
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