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1Cth .•:arch _ A.D. 19~-~ betwxn `
THIS INOENTURE, Made ~he_ da~ of
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of :)r,. LtICl9 Co~nty Flwids, hereinafter des~yna~ed as the "MORTGAGOR," ard FIRST FEDERA~ SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpwat~on org~nized a~d ex~s~~ng under Ihe la.vs of the United StatQS of America and having its principal plate of
b~smess in ths City of Fo~l Pie~ce, St. lucie Co~nty, Ftorids, hereinafter designated as the "MORTGAGEE."
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WHEREAS the MORTGAGOR is ~wtly indebte~d to the MORi~3AGEE in the s~m oi S__-_~!-----. 9ood and law(ul r~oney of the United ~
S~,tei advanced by the MORiGAGEE unto the h10RTiiAGOR, as evidenc~d by a cer~a~n N~~m~ssory note of even date hrrewith, oS wh;ch the foltowing in ~j '
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fort Pierce, Fforida, I=arch I.Q ~q_~
Fo~ vat~e received, 1, or ~~ther of vs: pro,n.sr to pny, wi~how defalca:~on, ro the order of FIRS7 FEDERAL SAVINGS AND IOAN ASSOCIATION OF
PiERCE at iort P:crcr. F.onda, rhe s~~:: of S -=~;2~-~-~~C-- v..t, int~:cer irorn date at ~he rate of per ann~m, in moNhly install-
-,rs as foi'o:rs: S_1~~ ~CC a~ the ?C~~day oF _-Ap2'_1~_._._, i9__l~._ and a IiAe sum on tlx corresponding day of each momh there-
~nhi tne whe:e oe i~:ly pr~d.
Each instaiiment first shail be appliad in payment of the in~c~est and ti~e~~ :.n !i e u~pa~d balante of the print:pa) sum. If de(au~t is made in the
. •~r~t of any ,nsta~iment when due, or.d such d<iau!t conr~~wes 30 days, ther~ at !~~e o~,t,~n of the twlder, and wi~ho~t any oiher notice, all the remaining
,+,!Imrnts shall he ci~e and paya6le at once Privileye is givrn to prepay ihis note in whole or in part at any time without penalty. Neither forebearante,
- acceptance by the ho:der thereof aiter anv d~f~~it in any }~ayments herro~. shat+ ~~e d~emed extensian. A late payment charge of S~a-{-~- shall be
,~.i to eech ins~al6r._nt rernammg unpa~d 7 Jays after ~ta due date, and a u~.e sum shall L•e added ro each such instaliment remaining unpaid 7 days after
~_h succeeding payn:ent date.
Each moker, wrety and endo~sen c~reof, ~o~nfty a~id srveraliy, wanes demand, presentment proteat and notice of protest for nonpaymeM, and further
, e~ s to any eatens~on of h~ne of psy:nent, c:+i.~r b_•fore o• ai~er matu~ ty, wirhout norice ~o any of us; and to pay all costs of collecrion, includ;ng a
,o„able atTOrney's fee m thc evenr of any de`a~i;t hereundar, and hereby ecve•a'iy wa~~es all benefit of homestead artd exemption under the eonstitution
i:j~v: of each S,ate ot the l.~n~ted States, as a~a~~st ~h~s oi.l~gati~;n or any ~x~ens~on c~ renewal hereof. .~i ~ .
W~tness ~he nand ard seal of aach party. ~ ~
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5/ i•:ildred L. ':eaver ~s~; :
_'r_1._~} ~ vQ State Revern~e
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NO'N, THEREFpRE, ths MORT„AvOR ior thc :±woose o~ securing payrnent of sa~d sum of s .
.~:enams and a9reeme~:ts hereir.after expressed. end for d~•+ers good and valuatlt ccns~-iero~ions, by these presems, does grant, bargain, sell, remise, ;
__se, convey ar.d co~,firm unto the MARTGAGEE, i~s successors and ass~gr.s, at9 that certain lot, piece or parcel of land, situate, lying, and being in ihe
:~.nsy of ~+t. Lueie_ , and Stase of Ptor~da, drsuibed a~ follows: ;
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Lot _~loc~c 1, ..•:i.I_ P~ t:: h~:)I~ IC.~,
per .~lat thereof on file in Plat
Book 6, pase ~6, oP thz public records ;
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of ~t . L~:cie Count,: , ~'lorida - =
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' S TA h1 F "C INTAN6IBLE PERSOPIAL PROPERiY,
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, _ ~+'S'.a ~V VfW i['~ 11'~~~ ACTS Of 19/1. "
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- . , ` ~ ~ ~ COURT, sf. ltH:lE C0.
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:ether with al! a:~d singular the tenemeMS, hereditaments and appurtancrs therevnto belonging w in anywise apperfaining thereto, +nd all re~ts, issues, E
k ~~cceeds and prof~ts accru;:eg and to accrue from saiu p-em~ses, alf of which are included in the above and foregoing description and habendum. ;
~ TO HAVE AND TO HOID the above described and granted premi~es unto the said MORTGAGEE, its successors and suigns forever. And tlw tsW 5
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- '~RTGAGOR for heirs, exec~tors, administrators and assig~s, nereby covenanfs with the said MORTGAGEE, its successas and aai9ra,
" „_Vr t!7@~1 are-_- lawf~ity seiZed of the sa~d premises in fee simple; that the same are free, dear sod dixharged from all liens and encum- 3
:-an.es ~n law or in equity, and that~-_ wiil and _ tYie ~ r _ rx~~. shall warrant and defend the title to the ume ro the said ?
:~~RTGAGEE, its successors and assigns, forever against the lawfut daims and demands of all persons; ~
~ PROVIDED, AIWAYS that if the MORtGAGOR shall psy unto the MORTGAGEE the promissory ~ote hereinbefwe described and shall truly, promptly ~
~ d full rform, d~uhar e. e,cecute, com 'ete, com ~ w;th and abide b each and ever the sti ~atio~s, a rcements, tonditiw~i and covenants of said ~
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.,^~ssory note and o~ this Martgage, then this Mongage and the Estate hereby created shall cesse and be null and void. ~
~ IT IS UNDERSTOOU that the word "Mortgagor" whether in the si~gular or plural anywhere in this Mortgsge, shall be •ingulsr if ene only and p~ ~
;!-~!I be plural joimiy and severally if more than one, and that the wwd "their" as uted anywfiere in this Mortgage shall be taken to mean "his;' "hen," y~
-'1ts," wherever the context so implies or admi!s. Also, thaf wherever there is a ~efere~ce in the tovenanb and agreements hereim m~tained to any of
e parties hereto, the same shall be construeci to mean as well af the heirs, legal representatives, sutcesson snd sssigns (eithe~ voluntary by act of the f
,-.~rr,es w involumary by operation of the law) of the same and that the covenants herein contained shall bind and tF~e benefits snd sdvantages inure :
ro the respective heirs, legal representatives, successors and ass°gns of the p+rties hereto. f
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And said Mo~tgagors, for themsetves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ~
+o and witn the said MORTGAGEE, its successors and aasig~s: -
T. 70 ;.ay af! an.d aingular the pr~MiR+lI 3Mj ir+~e~et+ and r1,e var~ous and sundry sums of money paysble by virtue of said promissory note, and this
•rorrgage, each and every, promptly on the days respect~vely the same severally become due. ~
2. To pay all snd singular the fa:es, assessments, Ievies, liabilities, oWigationi and encumbrantes of every nature and kind now oo uid dewibed ~ ~
~i;~ c~operty, o~ that hereafter may be impoted, auffered, placed, levied, or assessed thereon, a that heresfter may be levied w assessed upon this Mortp- s
age, or the indebtedness secured hereby, esch snd every, when due and payable, according to law, befae tbey become delinquent, a~d before +ny iMeres~ +
~Ry i~~aci+es w a~y penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RfGORD THE SAME SHAIL BE PROMPTLY SATISf1ED AND DISCMARGEO OF '
~=ORD ANO THE ORtGINAI OfFIC1At OOCUMENT {SUGH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SAi1SFACTION PAPER OPFICIAILY ENDORSED '
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- `:2 CERTIFIED) SHAII BF PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; snd in the event that any thcreof is not :
.~.d, sat sfied and discharged sa'd ~AORTGAGEE may at any ume pay the same or any part thereof without waiving or affecting any optio~, lien, equity or
~~hf under or by virtue of this mortgage and the full amo~m of each and every such payment shall be immediately dve and payable and shall best iMerest ;
,.r. !Fe da+e rherce` enrif c~'d a~ rate oi n~ne per centvm per annum and together w~th su:h interest shall be secured by the lie~ of th's morg~age
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