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THIS INOENTURE. Made the_29 t
h day ot Arj~i 1 A.D. 19?S ~ betwsen
_ _ Robert D. Alb~itton anv Shirley B._Albritton~iiis w'~f~`
St. Lucie ~p~~~y Flw~da, hereinafte~ des~gn~+ud as the "MORTGAGOR." and FIRST FEDE:AI SAVINGS ANO IOAN . ~
ASSpCIAT10N OF FORT PIERCE, • corpaatlon organi:ed and ex~tiing under Ihe ~aws of ~he U~~ttd Stat~s of America a~d hev~ng its p~incipai piacc of ~
busineu in the City o~ Fort Pitrce, St. lucie County, florid~, herei~~atter designated as tha "MORiGAGEE:'
WHEREAS the AIQRTGAGOR is jusdy indebted lo ihe MORTGAGEE in the sum of Sz?
, s~~ . ~0_ good and lawful „eney of 1he UNted
Sratea advanced by fhe h10RTGAGEE untu ~ha MORTGAGOR, as ev~dencrd by a cet~a.n p~onussory no~e o~ even date herewith, of wh~ch tne iollowing in
J: d22 a S~uO .~00 ~f"a ~oPy. ~o-,~.n: ~ 11000307
s_ _ .
Fo+t Pierce, Flwida, Ap r i 1 29 i 191_~
For val~r rece~vrd. 1, we or enher of ~s, prom~se 1o pay, without def~;c+~~~?n. ~o ti.~ order of fIRSI FEUtRAI SAVINGS AND LUAN ASSOCIATION OF
`:;R~ PIERCE at Fort p;ercr, Nor~3a, the wm of S_ 22~ S~~ 9 ' y install-
_~n:t ~n!rrrst irom date at the ratr of ___-,o per annum, ~n monthl
-~tz as io~:o.~.s: S_ ?O3. ~0_ on ihe ?Oth a,y of __June . 19 75 ar.~ a liMe sum on tM correspond~ng day of each moMh lhere- ~
,•r~•r u~~til rne whote L-e f~lly Ha~d.
Each msrallment Grst shall be aF•pG~ in paymrnt of ~he in~arest anJ thcn cn tt~e u~~pa~d balance ot the p~inc'pal sum. If defauh is made in the
,~nrn! of a~iy ~nsta~:ment when dve, n~}d such default cunt~nues 30 days, then at si~e opt~on o! the holder, and without any other not~te, all the remainirg
~,ratlments~shatt be d.~e end payaule ot once. Pnvde~e is given 1o p~epay th~s note in wi.::'_ c• ~n pa~t at any time withoW pena{ty. Neither faebearuxe,
:r ecceptante by the no[Jer thercoi alter any detauit in any pay~~ents hereon, shal! be daemed extensicn. A la!e payment tharge of s_1~. 15 shall be
~ i~ d to each instal:rnrnt remain~ng unpa.d 7 de~s efter its due date, and a tike sum sh~? be addad to each svch installmeM ?emaining unpaid 7 days after
.re:h succeeding paYmen~ da!e. -
Each maker, surety and endcvaer hr~eof, ;o~ntly and sevcrelly, wa~ves de~nand, presenlment protest and rtotice of p~otest iw nonpayment, and further
,_,;ees to any extcns~on of !ime of poyment, ert}:cr b_~o~e or aher n,arw~ty, wishout nor:ce to any of us; and ro pay all costs of co!fecsion, includ~ng a
~onab!e attornr~•'s fee the evrrt oF any defauit hereu~dcr, and hereby s2vr*ai:y w,~ves jtl beneiit of homestead and eaemption under the constitution
!aws of each S~are c4 the Un~ted States, as dy3I::S? ihis obGgaGon or any r~+rns~on or renewal hereof.
Witness ~he hand and scal of ea;h party.
S/ Robert D. Albri_tton ls~AU
ts~/?~
S/ Shirley B. Albritton ~u
$33.75 _ ) S~~re Revenue ~
XSC~Ci~QJ~070'yt9d?OK7030~1t?GOG'JC ' `
hON, THEREFURE, the MORTGAGOR for the pu<<.ose of sec~ring payment of said s~m of s 22f SO~•~~ , and the performance of the
~,:enan~s and agreements hcrein~irer expreased, and for divrrs oood and valuabfe ccns;derations, by fhese presenls, dcea grant, bargain, sell, remise,
_ r,se, cenvey and confirm unto the MORTGAvEE, irs succ=ssora ar.d ass~gr.s, a!I t{iat certa~n lot, piece or parcel of land, situate, lying, artd being in the
`~,.~+N of A_St. Lucie and State of Fl~rida, d-sa~bed aa foilows:
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Lot 3, tilock 9, REPLAT OR PALht GARDF~S, as per Plat thereof recorded in
Plat F3ook 1?, page 42, public records of St. Lucie County, Rlorida. '
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Pl1RSIUNT TO CHAPTER 71•134, ~I. AROPERry,
ACTS OF iy/~,~~
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i y;-. i CLFRK CIRq1R OOUICT, Sl. WCIE 00, F1A ~
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~ ^~~ner w~th a!1 and singular the tenements, hered~~aments and appurrances thereunto belonging a. in anywise appertaining ti~eteto, and ~tl ~enti, iuues,
` :.^oceeds and profits accruing and ro accrue from sa+d premises, all of which are included in tF~e above and foregarg destription and 1?sbendum.
~ TO HAVE AND TO HOID the above descr~bed and granted premises unto the said MORTGAGEE, i1s wccesson and auigns forever. And 1F~e said
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~ :'~•RTGP.GOR fa heirs, executws, administrators and assigns, hereby tovenann with the said MORTGAGEE, itf successors and auipra, -
q ,._a, they__1re___ ~awfu~ty se+zed of the sa~d prem~ses ~n fee simple; that the ssme are iree, dea~ and dixhuged fram all liens and errcum- ~
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g -ances ~n law or in equ~ty, and that_ they _ w~ll and their heirs shall warrant snd defend the title ro the wme to the said ~
~ ~R7GAGEE, its svccessors and ass~gns, forever against the lawfvl claims and demarsds of all persons;
PROVIDED, ALWAYS that ~f the MORTGAGOR shall pay unto the MORTGAGEE the promissory note F~ereinbefwe described artd shall truly, prompfly
' <~•~r3 fully perform, d:scharge, exec~re, compiete, comply wi~h and ab~de by each and every the stipulations, agreements, cw~ditions and tovenants of ssid
' . ~ r,~sswy note and of th~s Morigage, ~hen this Mortgage and the Estate hereby created shall cease and be ~ull and voiti. p~
x IT IS UNDERSTOOD that the word "Mortgagw" whether in the s~ngular or plura! anywhere io this Mortgage, ahall be singulsr if one onty and ~
: ,~.,I+ be piursl jo~nrly and severa~ty if more than o~e, and that the wwd "their" as used snywhere in this Mwtgage shall be taken to meao "his;' "hen;'
~ r"its,'" v~he:ever the context so ~mp'ies w ad~nits. Also, that wherever the~e is a referente in the tovenants snd agreemenri herein conlained to ~ny of
5 e parties hereto, the same sha!I be construed to mean as well as the heirs, legal representatives, successon and assiyns (either volunqry by att of tM
; ~arr~es or invotuntary by aperatEon of the law) of the same and that the covenants herein coNained shall bind and the benefifs aed advants~p inur~
s the respective heirs, legal representatives, successors and ass~gns oi the parties hereto_
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~ And said Mortgagors, for themselves and their heirs, iegal reprexntatives, successas aod assigns, hereby jointly and ~everally covensM and agree
; •o and with the said MORTGAGEE, irs s~ccessws and assigns:
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~ 1. To pay sll and singular the principal and interest and the various and sundry ~vms of money psyable by virtue of said promissory ~ote, and ihi~
~ ~~ongage, each and every, promptly on the days respettively the same uverally become due.
2. To pay aq and singular the taxes, assessments, ievies, liabifities, obligations a~d encumb~ances of every nature and kind now o~ said dest?ibed ~
~ proPerty, a that hereafter may be impoted, suffered, placed, levied, or assessed 1F~ereon, w tFut hereafter may be kvied ot assetsed upon fhis Mort¢
age, or the indebfedness secured hereby, each and every, when dve and payable, xcording to law, before they become delinquent, s~d befwe any intetest f
~ ~•'-ches or any pe~alty 7s inc~rred; A~1D INSOPAR AS ANY THEREOF IS Of RKpRD THE SAME SHAII BE PROMPTLY SATISFIED AND OISCHARGED OF
~ =-~ORD AND THE ORIGItiAI OFFICtAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFPICIALLY ENDORSED
CERTIFIED) SMAII BE PLACED IN iHE HAN~S OF SA10 MORTGAGEE WITHIN TEN QAYS N~XT AfTER PAYMENT; and in the eveM that •ny thereof is no/
: j~d. sat'sfied and diuharged sa'd h10RTGAGEE may at any tim~ pay th_ same or any part thereoi witFwvr waiving p alfectiny any option, lien, equify or
~ •~aht vr.de~ or by v~rtue of this mortgage and the full amount of each and every such paymem sha~l be immediarely due and payable and shall bear interest
~ ~r; r•..-~.-_ , c? •ate of n~ne per ce~tum per annvm and tugethtr wAh such interest shall be tetured by the (ien of th s morGtaqe
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