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1HI5 IhDEN1URE, Mads ,~_26th day of March_ A.p. 19 75 _~tWK„
James SQurlock and Wanda Spurlock. his wife
_ ~
- -:.r
af St . Lucie County Fiwida, hereinafler desiynated is the 'MORTGAGOR;' aAd FIRST iEDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, a corporation o~gani:ed and ex~sting undar 1he laws of the United Sta~as of America and having its principal plate of
bu~iness i~ tM City of fo~t Pierce, St. Lutie County, Ftorida, hcreinafter desi~nated as the "MORTGAGEE:'
WNEREAS 1he MORTGAGOR is ~ustly indebted to the MORTGAGfE in the wm of S 7~ 6O~ good and la~vful money o( the United
S!ares adranced by the 1'AURIGAGEE unto tl~e MQRiGAGOR, as evid~ncrd by a crr~a,n promisswy note o1 even date hereNith, of wh~ch the (ollowing in
.•.:,rds and figu~as is a troe copy, io-w~t:
s~ ~ 60~.00 _ ~011000302
Fort Pierce, Flaida. March 26 ~ _ ~9_Z,~
For value ~ateived, 1, we or cither of ~~s, prom~se to ay, v.i?hout Jefa!:.aron, to ~hz order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
~lT PIERCE at Fo•t Plrrce, fiorida, thr sv~n of q.'_~ 60~• _ w~»~ ;nrrresr Fro~rt u+ate a~ the rate of _ 9-°jo pe? annum, in mo+ithly insta~l-
as to:Iowa: S_ 78_+_~~ on rt~e _~bday of ___..Md~L 19. 7r1_ and a like sum on the cor~espond~ng day of each month there-
~•rr vntil the ::hoie be fuily pe~d.
Each instatlmer.t first shall be applied in payment of tha intereat and then cn the unpaid balance of the princ~pal sum. If defaulf is made in tbe
.,,~nenr of any instaliment when due, and wch drfauN confinues 30 days, then at rhe option of the holder, and without any mher notice, all the remaining
~~..~!~Uments shail !,e ti~e and ~ayablc ar once. Privueye is giv~n ro prepay this note in whole or in part at any time without penalty. Neither {orebearante,
occeptante by the Fo:der thrreof aitrr any defaull in any payments hereon, s~~alf 6e d<emed extension. A late paymem tharge of s_ 3. 9~, shsll be
~...r d to eech instalin~ent remam~ng unpa:d 7 days ahet its due date, and a h,e surn shail be added to each such installment remaining unpaid 7 dsys afiar
h succeedi~~g payn tnt date.
Eath mal~zr. surety and endorsr~ hcreof, joinNy end severally, wawes demand, presentment protest and notice of protesl for nonpayment, and further
~;~e•~s to any e.~ten;lo:~ ot ~~~re of p~ln~enf, rrtner tn for~ o. aftrr maru•~±y, w~thout no!~ce to any of us; and to pay all eos~s of collectio~, indud~ng a
.-s~nab:e attorncy s fee ~r. the evenr of any de:~~H he~eunder, and hereby ;eve+slly wai~.es al~ benefit of homestead and exemption under fhe constitutian
t ~a•ti•s of each Scate ~f rne Unhed States, as ayalnst this OL~i~3L"JI1 or aoy rxrens:on cr renewal hereof.
~Vftness the hand and sca! of each pan•;.
S/ James Spurlock ($EAL)
(SEAI)
. S/ Wanda Spurlock (SEAI)
11. 40 ~5~~~
~ _ _ _ ) State Revenue
~6 ~C]~,1C X~CaC
X~4~G }X DCd6~ipC
NO'N. THEREFQRE, the MORTGAGOR for the purpose of srcuring payment of sal~! s~.rm o~ 3 7+ 6~• , and the performance of the
~~.enants and agreet~~ents ficreirtafter expressed, an~ for d,vero.gaod and va~uab'e ccns~darations, by these presents, does gront, ba~gain, tell, remise,
c:,se, convey a+ conflr un!q ~he MORTGAGEE, i1s wccessors and assigns, a11 that certain lot, piece or parcel of tand, si?uate, lyirg, and being in the
'~t. ~ucie
,:cunty of and State of Florida, de~cribed as follows:
I_ot 34, BZock B, RIVERVIEW MANOR SUBDIVISION, as per Plat thereof in Plat
~~ook 9, Page 64, according to the Public Records of St. Lucie County,
;'lorida.
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_,.='her with all and s~ngular the tenements, he~ed~taments and appurtancea thereunto belonging w in anywiu sppertaining thereto, and ell rents, issue~,
. ~ceeds and prof;ts accruing and to accrue From said premises, all of which are included in the above snd fwegoing desaiption and habendum.
~ TO HAVE AND. TO }~QID ihe above described a~~d granted premises unto the said MORTGAGEE, its s~ccessors and assigns forever. Md the said
tr~e~r
~ :.^,RTGA~p R for heirs, execuwrs, adm~nistrarors and ass~gns, hereby covenanh with the s~id MORTGAGEE, in succeuwi aod ~uipru,
~ . _ they_are__ ,d•«r~n,, seiied of the said prcmises }n fee simple; ?hat the same are free, ckar and dixhsrged from all liens and encvrr~
.-;r,ces in 1aw or E~ eq~ify, and that they W~~~ and their heirs shall warrant and defend the title ro the tame to the iaid
~ ':.-~2fGAGEE, its succeasors and asaigns, forever against the lawful claims and demands of all persons;
~ PROVIDED, AILVAYS that if the MORTGAGOR shaU pay unto the MORTGAGEE fhe promisswy ~ote hereinbefwe described and shall truly, promptly ~
-d 'ully perform, d.scharge, exec~te, compiete, compty with and ab~de by each and every the stipulations, agreements; conditions and tovenants of said ~
s c~:,,ssory note and of this Morrgage, then thii Mortgag~ and the Estate hereby created shall cease and be rtull and void.
~ IT ~.S UNDERSTOOD that the word "Mortgagor" whether in the singula~ w plural anywhere in this Mortgage, thell be singular if o~e only end
~ a:' be plural jointly and severally if mwe than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hers,° ~
, '~~s," wherever the conteat so implies or adm3ts. Also, that wherever there is a reference in the covenants and agreements herein coniained fo sny of i
~
~ e parties hereto, the same shall be cons~rued to mean as well as the heirs, (egal repretentatives, suttessors and assigns (either volunt~ry by ~ct of the ~
~ a.rles or invo~untary by opera+ion of the law) of the same and that Ihe cove~ants Ixrein contained shall bind and the benefits and adwntapes inure
~ 'n ~he respective heirs, tegal frepre~entatives, successors and ass~gns o( the parties hereto. A'
And said Mortgagors, fw themse:ves and their heirs, legal representatives, wccessora and essigns, hereby jointly and severslly covensat and agree ;
c: and wi~h the said MORTGAGEE, its successors and assigns: W ~
~ 1. To pay all and aingular the principal and interest and the vai~ous and sundry sums of money payable by virwe of said promissory nofe, snd thi~ ~
Tortgrge, each a~d every, promptly on the days rospectrvely the same severally become due.
2. To pay all and singuta. the taxes, assessments, levies, liabilities, obligstions and encumbrsnces of every nature and kind now on taid destribed ~
~
~rc~erty, w tha? hereaher may be imposed, suffered, placed, levied, or assessed thereon, or that hereafler may be levied or assessed upon fhis MMig- ~
a~e, or the indebtedness secured hereby, each and every, when due snd payable, atcordirg to Iaw, before they become delinquent, and beton any interest A 1
t•-.ches or any penalty is i~c~rred; AND INSUFAR AS AN'f THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND D15CHARGED OF
4:'ORD ANU THE ORIG1hAL OFFICIAt DOCUMENT (SUCH A5, FOR INSIANCE, THE Tl,X RECEIPT OR THE SATISFACTION PAPER OFFICIAtIY ENOORSED YO
i)P CERTIFIED) S!• ".ll BE PIACED M iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any ihereof ii not ~m
;;a:d, sar sFied en~ d~scharged sa:d MORTGAGfE may at any nme pay the same or any part thereof withovt waiving or affecting any option, lieo, equity or
•.~he ;~~der or hy •.~~r•,e of +fi~s morrqage and rhe f~ll amovnt oi each and every such payment shall be immediately due and payable and shall F~ar interes~
~ - ~..~e of n~ne per cero~m per annum and fogether w~th such imerest shal) be secured by the lien oF ~h : Te•~~~qe
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