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TMIS INDEN1URf. Mad~ ~n~__ 6th _ ady of _ Diay ~ A.o. i9_ 75 between
~tichael J. Cannon and Constance M. Cannon~his wife
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of St. Lucie County Florida, htrtinaf~e~ dtaignatrd as the "MURIGAGOR." and fIRST iEOERAI $AVING$ AND IOAN
ASSOCIATI~N OF FORT PIERCE, a corpwat~on organized and ex~~t~ng under ~ne lo~s ol ths Un~ted Sta~as of America and havinp its principal plac~ of
business in the City of For1 Pierce, St. lucie County, Fior~da, hereinafirr des~ynated es ~he "MORTGAGEE:'
WHEREAS ~he MORTGAGOR is ~usdy incleMed fo the MOR~GAGFE in tb.. s~~~. 01 S 37 ~ 8O~ , guod and IawEul money u( !hc Un:ted
Srafes edvenced by the 1.1pR1GAGEE un~o the A10RfGAGOR, as er~J•.ntcd by a crr~a,n p~om~ssory iwta of even dafa I~erewith, of wh::h the fofbwing in
s~^s'aaOl~.r4 Os a hue :oPY. ~o-v:~r. ~11000311
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Fort Pierce, Florida, r~dy 6~ 1975
Fw val~t received, 1, ,~e or either of us, p7:om~se to a wiiho~t drfalca~:ur~, io the order of FIRSI fEDERAt $AVI ~AND IOAN ASSQCIATION OF
,;~2T PIERCE at Fort P~~rir. F:orida, the s~m ot S~~-B~~~OO__ w,N: ~•~~erc~t (ran date at the rate of _8~~o p~r annum, in maithiy inslall-
311.00 2Uth June 75
~+s as foi!ows: S un t}:e da~ of ,!9 _ anJ a I~~:e sum on the correspond~ng day of each month there-
,•.r unt~l 1hr who:a be f~lly ~.o~d. ~
Each installment fi:s! shyll be opp'~ed in ~yment uf ~he interesr and then on the u.,y~a~d balance of the prinr•pal aum. If defauh is made in the ~
~ent of any insrai'.ment v„hcn d~e, and wch d:iautt cont~n~es 30 days, then at tnr oE,t~on of the F.o~der, and wiihout any other rtoGce, all the remaining ~
,~!:,nrnrs shatt be due and payoo:e at u~Ke. Frr~~iega n givrn to prepay this note :n whoie or in part at any time without pena{ry. Neithe~ faebearante, ~
~ arcep~ance by tt~e hoider th~:rcof oi~er a~~y dcfavit in any payrnents hereo~, shall be deemed extension. A late paymem charge o1 S1St55, shall be
..:_d tu each ~ns!aiimcnt remaine~zg unpa:d 7 days efrer ita due datr, and a IiF.e surt~ sha~i be added to each such instaL'ment remaining unpaid 7 days sfter ,
_ ~.h succee~ing paymer,t d:;!e. _ ~
Each maker, surety and enJorser h~~rof, jo~~~Hy ~nd s~veratly, ~naives demand, preien~~ne~t protest and r.oYce of protest for nonpayment, aed furthet
,-~_~s to any ratrnvon oE t~:r.r o~ poyn~ent, r~tne: [uafote Or after maluiity, witi~out r.cr,ce ro any of us; and to pay all [osts of collection, includ:ng a +
_s~noble attornc~"s fee ~n the event ui a~ry he:r~ndar, and he~eby seve-a!iy waives all benafil of homealead and eacmption under Ihe eonstitut'ron
;:aws o1 each S~ate of i~~e U~~ned Srares, as e~; :st th~s oLlraRor, or any ext~~,:,on or renrwal hereof.
Wi~ness the hand and sea; of cach ~:arri_
_ S/ Michael J. Cannon ~ai~
ts~?u
ons ance annon ~AU
$ 56 . 70 ~?u
- s,a~e ae~enue
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NO'N, THERE~ORE, the hSORTGAGOR for the ~~ur~ose of securin~ payment of sa~d svm of s 37 ~ 8O~ snd the pe+formance of the
,_:,.~nants and agrecr~ems here~nafrer expressrd, and for d~ven good and vatuabte consid~rations, by thex presents, dces g?ant, bargain; sell, remise,
-::sr, canvey ar.d conlirm unto the MOkTvAGEE, its succ.ssora and ass~y^s, a:: that ce!tain lot, piece or parcel of laad, tituate, lying, and being in the
: ~unty of ~___St. LuClE-'____ and State of Plorlda, c'esuibed as follows:
Lot 10 Eilock 149, I~IKEWOOD PARK UIVIT #11, as per Plat thereof on
file in Plat Book 11, Page 3?A, according to the Public Records of St.
Lucie County, Florida. ~C/3-oay9 DOIJ~.S~
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pUE ~ i~ PATM~ OF TAX
~C' INT ~
~ ~ CNAPrER~II 1~34~RSOiL1~ prp:'ERIY,
. ~K CIRqI TS OF 19/1~~~
; \ ~ ~OURT. S1. WCIE Op ~ ~
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~ ~2 4' oo+_~JI.~ENTkfY,-:.-~~. S1A~`~1?' rr: x ~
~ i~ '.;~•i.'iF r;tYtl.JE__ F,~,:i::' - ~
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~5- ~l~r t, 56.7~~
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~ -:~~her with al! and singufar the tenements, heredrtaments and appurtances thereuNO belonging or in anywiu appertaining therefo, and all teMS, iuues,
~^y~ -,cePds and profits accr~ing and to acc~ue from said prem~ses, al! of which are includcd in the above aod fo~egoing description snd habendvm.
~ TO HAVE Afyq TO.HOLD the above described and granted premixs unto the saed NtORTGAGEE, its ~utcessors and assgns fweve?. And ths said
~ f~r2heir executws, adm~nistrators and as:igns, hereby covenants with the s~id MORTGAGEE, its suctesson srd auipro, i
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~ a~ Iawfuily sei~ed of the said prem~ses iq feS simple; that the same are free, desr snd discharged from all iiens snd erKUrt~ ~
~ ~~ces in !aw or in equfty, and thar__ theywill and t7lelr he;rs shall wuraM and defend the title to the sams to the said
_ .:~TGAGEE, its s~ccessors and ass~gns, forever against the lawiul daims and demands of all persons;
PkOVIDED, ALWAYS +hat if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate herei~before described and shsll t?uly, promptly
z fvily perform, d~uharge. eaecu:e, camp~ete, comply with and ab~de by each and every the stipulations, agreements, conditions and tovenants of isid
:~.sswy note and of fhis Mortgage, the~ this Mortgage and the Estate hereby created shall cease and be null and void.
~ IT IS UNDERSTOOD that the word "Morrgagoi' whether in ?he singular os plura! anywhere in this Mwtgage, sball be tingular if one only ~nd
4 be pl~ral jo~ntfy and xverally if more than one, and thar the word "their" as used a~ywhere in this Mortgage shsll be taken to mesn "hit;' "hers;' dD~-'
; 'Sta;' v.herever the con!e~t so impiies or admits. Atso, that wherever there is a reference io the tove~ants and ~greeme~ts herein confained fo any of n~
> parties hereto, the aame shall be construed to mean as well as the heirs, legat representatives, sutcessors a~d assigro (either voluntary by ~ct of the ~
a~~~es or invo!umary by operation of the law) of the same and that the covenants herein co~tained shall bind and the benefiri and sdvanNget inure
~ •o rhe respective hein, legal representatives, successars and asrgns of the parties hereto.
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~ And said Mortgaqon, fw themse~ves and their heirs, legal representatives, successors and auigns, kereby joinHy and severally covenant and ayree
~ •o and with the said MORTGAGEE, its successors and assigns: ro
% 1. To all and si u!ar tFit ~nci at and interest and the various and sundr sums of mone y pr sory note, ~nd fhis s -
WY ~9 W p y y payable b virtue of said anis cy
~ Tortqage, esch and every, promptly on the dsys respectivdy the same severatly become due.
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2. To pay atl and singular the taxes, assessments, levies, liabilities, obligations and encvmbrantes of every nsture and kind now on taid deuribed ~
.^.-operty, or that hereaiter may be imposed, suFfered, plated, levied, o~ aueased thereon, or that ixreafte~ msy be levied d useued upo~ this Nbrt¢
a;~, or the indebtedness secured hereby, esch and every, when dus snd payable, atcording to law, betwe they bstonx delinquent, and btfore aey intaest ` 4
c~es or any penatty is i~c::rred; AND INSOfAt{ AS ANY THEREOF IS OF RECORD TME SAME SHALL BE PROMPTIY SATISFIE~ AND DISCHARGED OF
~ -.=CnRD AND THE ORIG:hAI OFFtt1Al OaUM~FN1 (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSEO
^ ~ CEQIIFIED) SHALL BE PIACED IN THE HANDS OP SAIO 1dOR~GAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is not ~
; .,<t, sat sfied and d~scharged sa'd 1AORTGAGEE may at any time pay the same o~ any part thereof without waiving or af(ecting any option, lien, equity or
~ • ~hr under or by v~rtue ol th~s mortgage and the fult amount of each and every such paymeM shall be immediately due and payable and shal! txsr interest
~ ~'•h - ~a+e of n~ne per cenrum per annum a~d together w~th svch inteiest shall be secur~ by the lien of ~F~ s mcrgfage
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