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THIS INDENIURE, Made the_-13t'h day of ~ Ma?'~b _ ~ A.D. 19__7~~ between
_ _ _Ben_ D. :~^sonZ Jr.~ a single adult, _
o~ Martin co„~?„ Flo~~da, herrinafter ~ynak~ aa~t'~e"fr1~TG~GOR,' and FIR~i FEDtRA~ SAVINGS ANC IOAN
ASSOCIATION OF fORT PIERCE, a corpwat~on organized and existing urder the laws of the Un ed Staias of Ame~ica and h+vir.g in prircipal ptace of
business in the City of Fort Pierce, St. lucie Counfy, Florida, hereinaiter designaled as the ~"M~OqRTGAGEE."
WHEREAS Ihe MORTGAGOR ia juatly indebted fo ~he MORiGAG:E in the tum of S 1~~~OO.~~ good artd Iawtu~ money cf the Un~ted
"•ves adranced by the ldORiGAGEE ~mo the A10kIGAGOR, as e~+drnc_d by a cer~a~n prorrussory. note oi e~en da~e he~ervith, of wh~ch the ioitorving in
:..?rds and fiy~r~o'~s a tr~a :opy, to-r.it: 1~21?19
S_172~~'i00. _ No ;
Fort Pierce, Florida, - ~'iST'C~'1 13 ~ ~y ~5 ;
For va~~e recrived, 1, .,r o~ ei±hr. of ~~s, p~orn.se to~ay, with~u~ defa!c„non, fo tha ordcr of FIRST iEDERAI SApVIhGS AhD IOAN ASSOC~ATION OF }
?T PIERCE at Fort P~erce, flor~da, ehr sum of S-1~?J _ v..th l~~i~~r~st (rom ddte at thc rate of 75o pe~ annum, in monthly ins~all-
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~.,;.~r.~: _ i K~K pn , 90th SPatember . 75 .
S-1=_>~ _ ~u i~~o Say ~f a~d a:;ke su:r on co:rcs;.cr.d:ng day o( cxh mcr.th there-
• ~ntil tne .vh~!e b-r f~liy paid.
Each ~nsta:iment first shall be app'~~~d in i~ajment of thc intrrest and then : n'ha unE;~id balence of the princupal sum. If defauh is made in the
,,:~nant of any insta~iment when due, ar,d such default ca~tinues 30 days, then at the op!r~n of the holder, and without any other noticc, all 1he remain~ng
>r~1!rr,ents shaU be d~e ar.d payjbvr at c~cc. Privile~e is given to p~epay thia note in who!e or in part at any time without penalty. Neither forebearance,
• acceptnnce by the no!der ihere~of af~~~r any d•~fa.,it in any payr~er~ts hereon. shal! be d_emed er.tension. A!ate pay~neN charge of s_Z6!2~, shall be
:::1 to each ~nsta~:ment remam~ng vnpa.d 7 da~s ettzr it: due date, and a!~.e S~T s~~at; t,r ~dded to each sucF~ initalimenf remaining unpa~d 7 days after
succeed~nq pay~r:ent date.
Each maker, wrety and endorser h~rrof, jo~:~tly ,~;id s~•verally: walves de.-~ac:d. pr~•sentmem protest and notice of protest for nonpayment, and funher
.•~s to any exrcns~un of n~rr uf N:~y~nrnt, ~~.~~er b_fu~e or ~iter maWniy, .~.:t!~.a~t rC!.:e 1o any of us; and to uay aU costs of coilzction, including a
>>b?e atrorney"S f~e m tt:e r:enr o! eny dc`:~!r he+e..r,der, and he~eby sevcraiFy .~aives afl benelit of hom~stead and exemplion under the constitution
~.:xs of t~ch St~~e ef ti~e Unlted Stetes. .3s aga~nst this obi~yation or arry ex~_ns•on cr renewal hereof.
YL'~tness the hand and seai of ~r,h Farey.
- S~ ~il D. Emerson, Jr. ~ 3 (SEAL)
single adult ~~Ai~
(SEAU
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~ v _ r
~ (SEAL)
_.i State Re~enue
--~~,.^s-c~n:e~d~on-tm~naf T,arQr .
~+O'N, THEREfpRE the MOR?GAvOR for the c:u~pose oi secu+irrg payn:e~~ of sa~d wm of S 17~1~~'~ and the performance of ihe
•„,ants and agreements here:nalter expreased, and for d~vers gocd and val~abte cons•d~ra}ions, by these presents, dces grant, barga~n, sell, rem~se,
se, convey and coni;nn unto the MORTvAGEE, ~rs ~~•ccessors ar,d assigns, aG t~1as cerrain lot, piece or parcel of :and, situate, lying, and being in the
-:~nry of ~Cl~ and State of Florida, descnbed as follows:
Lots 9 and 1Q, and the ~ast ?.5 feet of vacated alley adioining on ~'est, Block 1,
~i~F.~VILLA T~:R~?ACF., according to the plat thereof as recorded in Plat Book page
~0, Public Records of Gt. Lucie County, 4'lorida,
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f - - 3yJ IN PAYMENT OF ttJ~
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~ E ~ ~ f F= L ~ R ~ ~
~ ~ I R~EIYED PERSONAL PROPERI'~.
~ - ~ M E N T A K'' - ~ T l; M N ' I pUE ON CU?SS INTM6?aLE ~~S OF 1911~C
€ _ - - qW*fER 71•134 ~
; • ° I . { ; • r z r ~ ti ~ T ' ' p~tT ~ ~ER PORRAS ~ HA
~ -.~z _ - ~;~X~`_~.~_: 2 5 8. 7 5~ 17 (~URT Sr. ~~,c~E , H
: . r, _ ~ ~ - . . 5 - 1. ~ CI,E{ZI( CIRG11 '
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;erher w~th al~ and sir.gu~a. tF.e tenements, hered~taments and appurtances thereunto belonging w in anywise appertaining theroro, and all rents, issues,
? ~ceeds and prof+ts acu~;~~g and ro accrue from said prem~ses, all of which are included in the above and foregoing description and habendum_
TO HAVE AND TO HOtD the above descr~bed and granted premises unto the said MORTGAGEE, its successors a~d assigns forever. And ih~ s+id
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_~RTGAGOR for ---`?ys heirs, executws, admin~srrators and assigns, hereby covenaMS with the said MORTGAGEE, its sucuuws ~nd ~ssgru,
~ ~le 2S____ lawfully se~xed of the said premises in fee simple; that the same are free, dear and discharged from all Iiens and encum-
~2 -
'3 ~.--,;•ces in law or in equity, and that__.
he _ will and _ hiS heira shall warrant and defend the title to the same to the said
j ~3TGAGEE, its wcce;sors and ass~gns, forever agafnst tne lawful claims and demands of all persons;
- PROVI~ED, AlYlAYS that if the NIORTGkGOR shal! pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promptly
f~iiy perform, d~scharge, exewte, complete, comply wish and ab~de by each and every the stipulations, agreements, conditions and covenants of said
: o*.~sswy note and of th~s Menqage, then this Mortgage and the Estate hereby created shall cease and be null and void.
IT IS UNDERSTOOD that the •«ord "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one only a~~
- 5~.~'! be p!ural ~ointly and severally if more than one, and that the word °their" as used anywhere in this Mortgage shali be Saken to me~n "his;' "heri,' ~
-'~fs," wherever rhe context so implies or adrni+s. Also, that wherever there is a refe~ence in the covenants and agreements herein contained to a~y o
e pa~ries hereto, the same sha11 be constr~ed to mean as we~l as the heirs, legal represematives, successors and assigns (either voluntary by acf of the~
- es or involun~ary by operatlon of the law) of the same and that tha covenanrs herein co~tained shal! bind and the benefits and adwntages inure~
o the respective heirs, legal representaiives, successors and asrgns of the par.ies hereto.
And said Mortgagors, for themselves and their heirs, iegal representatives, successors and assigns, hereby joindy and severally covenant and s~ree~
_ and with the taid MORTGAGEE, its succeswrs and assigns:
_ 1. To pay all and singular the prirxipal and interest and the various and sundry sums of money payable by virtue of said promisswy note, and thi~
--or~gage, each and every, promptly on the days respettively the same severoily become dve. Q
2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nature and kind now on said descri~
c~cperty, or that hereafte~ may be imposed, suffered, placed, levied, or auessed thereon, p that hereaiter may be levied w assessed ~pon this Morty
age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delirvauent, snd before any interest
~hes or iny penalry is inc~rred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISf1E0 AND DISCHARGED Of
- ?~CORD AND THE ORIGItrAI OFFlCIAL DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC110N PAPfR OFFIGAtIY ENOORSED
; ~ CERiIFIED} SNAtL 8E PIACED IN THE HANDS OF SAID MORTGAGEE WI7HIN 1EN DAYS NEXi AfTER PAYMENT; and in the event that any thereof is nof
~Y . a:d, sat sf~ed and d~scharged sa"d MORTGAGEE may at any t~me pay the same or any part thereoi without waiving o? affecting any option, lien, equity o~
~~;hr ~,r~der or by virtue of this morrgage and the f~ll amo~nt nf each and every such payment shall be immediately d~e and payable and shall bear interts~
" r'~•., ~ ~ r' ~are of nlne per centum per annum and together w~~h such interest shall be secvred by the lien of +h s^ c~q~~ge
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