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THIS INDENiURE, MaJ~ tt~ ~ St h day of nNr 1 1 q D. 19__?~ bet+veen
~Charlie_~tatthews and f•.thel__~fatthct.s~ his wife _
o; ~t. . I.L1C lQ County Fiwida, herei~after designaied as tl~o "MORTGAGOR," and i1RST FE~ERAI SAVINCiS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ corporat~on organized and sxisting unde~ the lews of the Un~ted 5~atat oi Amcrica and having it~ principal plsce of
b~s+rAff in the Ci~y of Fort Piace, St. lucie Couniy, Fiaid~, hsreinaftcr dea~gr.ated ss the "MORfGAGEE."
WHEREA$ the MORTGAGOR is jusdy indebted to the MORiGAGEE in the sum of S_ 1_
j LOOn, good and laxf~l mor.ey oi the Unrtrd
;<~res ad~ancra by ~hr MORTGAGEE vnto the NIOR(GAGOR, as evidrnced by a cei~a~n promisso~y no~e ef evcn dato harewith, of wh;ch the tollowiny in
o: ds and fiy~res i~ a true copy, 1o-~vit:
S 13,UO1). QU • . ~ ~ 100212y~
Fort Pierce. Florida, ~ E~r 1 1 2 S+ 19 75
Fw val~e received, 1, ~nr or rithei of us..prom~x to pay, without defa!cat~on, ~o the arder ~f fIRST F~DERAL SAVItJGS AND IOAN ASSOCIATION OF
,i1i PIERCE at forl P~crcr, Florida, Ihe s~m of s._ 13~ ~UJ •_UU__ w;~h i~tc:~~f frorn dasc at tha ratc of __Q_ o per ann~m, io monthly instaH-
~~.•s a: ~ol!ows: S_132,V0 on tht ?~Jth day of ~Un~ Iq?S _ and a fike sum on tne concspond~ry~ day of each month there-
unril ~ne whole br fut~y paid.
Each ~nstallmenr first sha0 br appl;ed in paymant of the interest and then on the unpa'd ba~ance af ~he principal au:n. If defauft is made in the
,,.~.rnt of any insta:lmer» whrn due, and si.ch defavh continues 30 days, then at nc~ opt~un o( the ho:de~, and withou~ any athar nat;cr, all the rema~ni~sg
,+,,;imenrs shail be due and payable at cnce. Privilege is given ro prepay thla note in whole or in part at any time without pena~ty. Neither fwebtarante,
acceptance by the holder rFx~eof afte~ any defautt in a~y payments hereon, ahalt be dermed extens~on. A late payment charge of S 6•~0 shall b~
i_d to each instalimcm ~emaining unpa.d 7 days after its due date, and a li:.e sum shal! be +ddad to each svch instai~ment remaming unpaid 7 days after
succeed~ng payment data i
Each maker, surety ar.d r~dazser hertof, jointly and severally, waives demand, preser.tment protest and notice of protest fo~ nanpayment, snd ~unhe~
+;<<~~~s to any e:rens~on af hme of paymrnt, etrh~r beFore or after maturity, without not:ce to any of us; and to pay all costs of coHe.tion, includ:ng a
~,sc:~able atrorney's fee in the event of any defau~t hzreunder, and hereby se~.eralty Nrai~es a!1 lxnefit of homestead and ezemption under the con~titytion
, f'aws of each Sta~e of the Un;reo Sretes, as ~ga~nst this obligation or any eate~s~on w renewal hereof.
1V~rness the hand and seat of each party. ` S~ Char 1 ie ~ Sat t hews
it, . ~ (SEAI)
(SEAL)
S/ Ethel Matth~ws (sEqu
19. ~O tseat)
S+ate Revenue .
ti'Pl)4)~K1fiXd~AG~[7ii~C~Dlgk~DtiliKK
NO~M1I, THEREFORE, the MORTGAGOR fw the purpose of secur~ng payment of said sum of = 13 ~ • 00 ~nd the performsnce of 1he
~..:enants and ag:eements he~einafter exµiessed, and fw diven good and vs!uable ccnsiderat~ons, by these presents, doea grant, bargain, aelt, ~em+se,
;~''e~sz, tonvey and c.xifiim unto the MORTvAGEE, its successors and assig~s, ati that certain lot, piece or parcel of Isnd, situate, lying, and being in the
C~~nty of ~t . L11C1e and State of flor;ds, daxribed as follows:
~ ~v % " ~ ~ ~ nY' - OQ~/7
Lot 2, Block J, AL.A~VDA V15TA, accordiny to the plat thereof recorded in
Plat Book 5, paye 4~, public records of St. Lucie County, E~lorida
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~ +oaether with afl and singvlar the tenements, hered~tamenss and appurtances thereunto betongirg or in anywise appertaininp thereto, ~nd all rents, issue~,
~ ;~oceeds snd profits accruing snd to accrue from said premiaes, aN of which are included in the abova and fae9oenp deKription snd Mbtndum.
~ i0 FlAVE AND TO HOID the a4wve describcd and granted premius uMO the ssid MORTGAGEE, its successors ~nd atsigns foreve~. And tM said ~
5 v~RTGAGOR fw - t he 1 T----- heirs, execurors, adminisrrators +nd a~signs, hereby covenanrs with the s~id MORTGAGEE, iti successors snd ~aipm, i
~ ,~3r - L ney `'~re :awfully seized of the uid premises in fee simple; thst the ~~me ire free, dear and diuhsrged from •II liens and sntum- ~
fi c~ar;es i~ law or in equ~t~, and that_ the_ ~L_ wilt and thelr hetrs shall warrant snd defe~d the title to fhe fame fo the said ;
; ORTGAGEE, its successors and assigns, forever against the lawfu! cl~ims and demands of •II persons; '
= PROVIDED, ALWAYS that if the MOR7GAGOR shall p~y unto the MORTGAGEE the promisswy rate hereinbefwe desuibed ~nd sMll iruly, promptly
I~;fy perform. d~scharge. eaecute, compfete, comply w+th and ab~de by each and every the stipulations, sgreements, conditio~s and tovenants of said
_ ;,~r:~ssory note arx! of this Mo:tgage, then this 8tortgage and the Estafe hereby created thslt cease and be null and void.
~ IT IS UNaERSTOOD that the ward "Mwtgagw" whether in the singular or plural snywhere in this Matgage, shall be singulsr if one only and
r ~'i be piural jointly and severally if more thsn one, snd that the wo~d "+heir" es uud anywhere in this Mwtgsge shall be faken to mean "hii;' ^hen;' ~
s ' its," wherever the conteal so imp~ies or admits. Also, that wherever there is • reference in tbe covenanti and sgreements herein conuirxd to any of ~
~ e parties herero, the same shall be construed to mesn as weil as the heirs, legal represent~tives, successors and sssigns (either volunt~ry by ~ct of th~ ~
~ rarc~e~ or invotuntary by operation of the law) of the same and that the covenants herei~ contained shall bind and the benefits and ~dvaMages inur~
~s, o rhe respective heirs, legal representatives, successon and asrgns of the panies hereto. ~
And said Mortgagors, for themselves and their heirs, legal representativd, ~uccessors and sssiyns, hereby jointiy and teverally covenant ~nd agree ~ ~
end witb the said M~RTGAGEE, its succesfors and assigos: ~
~
1. To pay all and singular the principal and i~terest and the various and svndry sums of money payable by virtue of said promiswry note, and this
~ -.orrgage, each and every, promptly on tFx days respectively the same severally become due.
2. To pay +II and singular the taxes, sssessmeNS, levies, liabili~ies, obligstions and erxvmbrancea of every nature and kind now on said dewibed
~ F~o~erty, w that he.eafter msy be impoud, suifered, pl~ced, levied, a ~sseued thereon, w thst hereafter may be lev7ed w aunsed upon this Mwt¢
~ ~ye, a 1 h e i n
d e b t e d n e s s s e c u r e d F x r e b
y, e a c h s n d e v e~ y, w h e n d u e a n d p a y a b l e, x c w d i n g t o I a w, b e( o r e t h e y b e c o m e d
e l i n q u e n t, a n d b e f o r e a n y i n t e r e s ~
~ ..'~:ches or any penalty is inwrred; ANU INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAtI 8E PROMPiIY SATISf1E0 AYD DISCHARGED OF
3 CORD AND THE ORIGIt~AI OFFIUA~ DOCUMENT ISUCH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED
CERi1f1ED) SHAtI BE PlACEO IN THE HANOS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; ~nd i~ the event that •ny thereof is not .
d. sa1 sfied a~d discharged sa'd MORTGAGEE may at any t~me pay the same o? sny pan thereof without waiving or affecting any pption, lien, equity w
~ •~;~r ~nder or by virtue of this :no~tgage and the full amo~nr of each ~nd every such payment shall be immediately due and payable and shall bear interes~
~ ~ro~. •i= d>+e ~•.,recf a} rate of r.lne pe~ centum per tnnum ~nd toge~he~ wnh s~ch interest shall be setured by the lien of th's morg~age
~
+.~~'~.`?,:~s._ v_ _ . s _ _ . . _ ~:it ~ .