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Te11S IN~ENTURE. Mad~ ihe 29 th ~y of _ APrI l A.D. 19 7 S betw~en '
I.awrence F. ?~osLetler and Annette ??ostetler, his wite _
of St. Lucie County Florida, hereinaftN designatrd ae tM "MORTGAdQR;', ~nd FIRST ~EQfR~I SAVINGS AND IOAN `
ASSOCtAT10N Of FORT PIERCE, ~ co~porat~on oryanized and eaistiny unde~ the laws of ths United Sr~rof of AnwKa and having it~ principal ptu~ of
businets in ~FK City of Fort P~erc~, St, tucis County, Flwida, herein~ftsr deiipnated ss ths "Mt-ORTGAGEE:'
WHEREAS ths MORTGAGOR ii jwtly indebted to tM MORTGAGEE in the aurn of +~3 L~~• ~ , good and lawful money of the Un~ted
Srates sdvanced by the MORiGAGEE umo the MORTGAGOR, as evidenced by a cena,n prom~sswy note of even date herewith, of which the followinp in
~ords and (igures is a trua copy, towit:
s 43, ~O _DO r,~, 13000027
Fort Pietce, florida. _Aetll 29 ~q 75 '
Fw value rectivcd, I, we or either of us, prom~se to pay, without defalcaiion, to the order of FIR57 fEDERAI SAVINGS AND IOAN RSSOCIATION OF
~JRT PIERCE af Fort Pirrce, Florlda, the sum of S_ ~3L0O~•~~ v.;lh in~erest from dete at the rate of _ 8•?~( per annum, in monthly install-
~~~•~nts aa fot!ows: S-- 354 •00 on the 2Ot'tlay of ~ .~une , ~q_7S_ and a like sum on fhe cwrospond~ng day of esch momh ine.a-
a`ier until Ihe whote kx fully paid.
Eac:: :utal:rrKnt i~rst shaH be app~ied in payment of 1he interest end tl,en on the unpaid balance of the {xinc:pal wm. If default is mad~ in the
; eiment of any instailmenl when due, and such dafault cont~nues 30 days, then at tne optwn of the hol~rr, a.~+d withou~ any other notice, all the remai*~~~
,,siallrnents st..i: .:.,r o~.~ Naya~i~ :nce. Privilege is given fo prepay this oole in whola or in part at any time without panslty. Neither forebearu?ce,
r.cr accep~ance by ~he holder lhereai after any default in any paymen~s hereon, shall be deemed extension. A late payment chaige of = 17_!_._,7O sh~ll be
: i:lyd to each installment remain]ng unpald 7 days after its dus date, and a like sum shall be added ro each such ir?statlmant remalning unpaid 7 dsys ~fter
esch succeed~ng payment date. '
Each maker, aure~y and endwur hereof, jointly and aeverally, waives demand, presenrment protest and notice of p.aeit for nonp~yment, ~nd fuAhlt
a~rees to any extens~on of time of payment, eithe? before w afier maturity, wi~hout nuf+te to any of us; and to pay a~l costs of collectio~, irxluding •
~~oionable uraney'~ fee in the e.em of any defautt hereunder, and hareby severally waives all benrfit of homeatead and exemption u~der 1he ca+stitWion
;,d laws of each State of the United States, as agamst this obt~geiio~ a any extension or renewal hereof.
Witness the hand and sr~l of each parry. '
s/ Lawrence F . ~tostetlez ~AU
,
(s~?U
s Annette Hostetler ~U
~4.50 ~
; - 1 Srote Revenue
;~~e~pstaneelle~o~-c?ig~nsF noro~
NO~AI, THEitEFORE, the MORTGAGpR fw the purpose of secu?ing payment of said sum of = 43~~~•0~ , and the performaoce of tM
covenanrs and agreementt hereinafter e:pressed, ~nd for divers good and riyluable cans~derations, by tF?ese presents, does g?ent, bargain, sell, remise,
•~:ease, convey and confirm unto the MORTGAGEE, ib •uccessora and ass;gns, all that certain lot, piece a patcel of land, situate, lying, and beinp in ths
Ccunty of St . I'uCie and Sfate of Fforida, dewibed +s follows:
The South_165 feet of the S 1/2 of the NE 1/4 of the NB 1/4 of the NW 1/4
of Section 30, Township 35 South, Range 40 East~ consisting of 2 1/2 .
acres, more or less, LESS the East 33 feet for road riqht-of-way,
ay3o - a// , 0003 , oo%
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~~P~R'~:: -~c~ ys.~ RECEIYED ' OTi IN PAYMENT Of 7AXE5
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- ~~t,' WE ON Ct/1SS 'C IIIiM16181.E PERSONAL PRGFERTIIi
~ _ t~ -;,j PURSUANT TO t~IAPTER 71-134, A~CiS OF 1971. ,r~
c' C' t: t ~ i ; "y . , / '~1106ER PORRAS ~
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CIFRK CiR(X1R 0011RT. Si. lIICIE CO.. F1A
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~ogether with all and singular the teneme~ts, hered~taments and appurtances thereunto belonging or in a~ywise ~ppertaining thereto, ~nd all rents, issw~,
E ;.~oceed~ and profits acuuing and to accrue from said premises, all of which are i~cluded in the above and foregany desviptan ~nd lubendum.
10 HAVE AND TO HOlO tha above desc.7bed and granted premises unto the said JNORTGAGEE, its succeswn u~d assignt forev~r. And th~ saW
f their
~ :tQRTGAGpR for heirs, executors, administr~iors and assigns, hereby covenants with ihe said MORTGAGEE, its sutceswrs and ~uipeu,
t~_ a'~ YQ
i rnar - - lawfully seized of the said prcmises in fee simple; that the s~ma are fraa, ck~r ~nd dixharyed from all IieM and encv~
t~ances in Iaw or in equiry, and that they W~~~ a~ their 1x;n shall w~rrant snd defend ti?s title ro the sarr~ to the said
'10RiGAGEE, its successors ~nd assigns, forever against the lawful claims and demands of all penons;
~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefor~ dtwibed and shall fruly, promptiy _ j
::-d fully perform, d~scharge, execute, complete, comply with and ab~de by each snd every tlx stipula~ions, agreemenri, conditam ~nd covenants of said '
p•~.m~ssory note and of this Mortgage, then this Mortgage and the E:tate hereby veated shall uase and be null and wid.
i IT IS UNDERSTOOD that the wwd "Mong~gw".whether in the singular or plur~l snywhere in this Mwty~ye, sFull b~ ~iryula~ if ont only and ~
sha11 be ptunl ;pinfly and severally if more than one, end tha~ the wwd "their" as used ~nywhere in this Mortpaye slull bs taken to mesn ••hit;• •'hen•• pC
or '~irs;' wherever the context so implirs or admits. Atw, thaf wherever there is s reference in the covenants and apreemenb herein contained To a~ryr of ~
rhe parfies hereto, the same ihall be consrrued to mea~ as welt as the he'vs, lega{ npresentstives, t~ccessors ard assiyrn (either volunury by act of th~
n
part~H o? involuntary by operation of the law) of the same and that the covenants herein contained sMll bind and the benefits and ~dvantapes inur~
fo the respective heas, legal representatives, successws and au'gns of the parties hereto_
' And aid ARortqsgora, for themselves and their heirs, legal reprexntatives, succeuas and auigns, hereby jointly and ~sver~lly covtnant and apree
4 }o and with tF+e said MORTGAGEE, its successors and assigns: -
x 1. To pay all ~nd singular IF~e prirKipal and interest and the various and sundry sums of money payabb by virtue o~ said promissory note, and ttds ~
- mortgsge, each ~nd every, promptly on the days respedively the same severally becomt dve.
2. To pay atl snd s~rgular the ta~es, sssesunents, levies, Iisbilities, oWigations and encumbrances of every natw~ ~nd ki~d now on said d~wib~d }
- p.o;.erty, w thst hereefter may be impoted, suffcred, placcd, levied, a auessed thcreon, or 1M/ hereaff~? m~y bt lavied a ase~std upa~ thh
ege, o! the indabtedneu secured hereby, e+ch snd every, when due and payable, accordinp to law, befwe they becan~ d~linquent, ~nd befw~ ~ny int~
.~•=r.ches or any penalty in ~+uvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIE~ AND DISCHARCsED Of
i RECORD AMD THE ORIGWAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AtlY EN~ORSED
~ ~4 CERTIfIEO) SHAtI 8E PLACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXS AfTER PAYMENT; ~nd in the event that ~ny thereof it no1 '
! .~~d, sat'sfied snd discharged sa:d MORTGAGEE may at any t~me pay the same w an rt thereof without waivi
Y P+ ng w sffectiny a~y optio~, lien, squity w ~
; ~~a~r ~nder x by v'rrtue oi this mortgage and rhe ~ull amount of each end every such peyment shsll be immediytely due and payabk snd shall kxar inte~est }
~ ~~n•r. }F^ d~!e ~~e~eol u^tii r.a"d at rote of nine pe~ centum per annum and fo4ether wi~h tuch interesf shall be sewred by the lien of th-f morgtage.
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