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~ _ 30'7888
TNIS INDENTURE, Mad~ 9th day of A•~• 19 ~S ~~`"'fQ^
Robert L. a th an at~lda a t_~, s e~
of ~ti,i_lc.YSJ.~. ~ County Ftorid~, hereinaf~er desiynatrd aa tF~e "MORTGAGOR," a~d FIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATlON OF fORi PIERCE, • co?paat~on wganised and~ex~stirq u~der the J~wt of• the lk~~ted Statat of Am~rica ~nd Mvin~ its principai pt+c~ of
bos~neu in ~M City of Fwt Piaa. St. luue Covnty, Flo~id~, hereinafter desig~aad a~ rhe "MORTGAGEE:' _
27 600.00
WHEREAS the MORTGAGOR is juftly ind~6?ed to ths MORiGAGEE in the sum of ~ , good and lawful money o( the United ~
S~~trs advanced by the t~10RTGAGEE umo the MORTGAGOR, as evldenced by a certmn prom~ssory nole of even date herewith, 01 wh~ch tAe followinp In
.•.ords ~nd f~gures is a true copy, towit:
s ~ 600~ pp ~ 10021336 ~
iat Pierce, Flwida. ~y 9 19 75
for valur received, 1, we w either oi ~s, prom~se to pay, withovt defa!canon. ~o the ordet of FIRSi FEDERAI SAVINGS AND IOAN ASSOCIATION OF
,:~2i PIERCE at Fort P:erce, Fiorlde, the wm of S~-~~Q~?QQ----- w~ti~ ~ntrrrst from date a~ the rate of 8~75,o per annum, in moMhly instatl-
..,,~s as foi!ows: S22~~ o~ thr2~h _ day of __`J~@ 19- 75_ and a Gke sum on tne cwrespond+ng day of exh month therr
untd ~he who:e br f~fly pa~d. ~
Each imtallnxnt first shall be app~~ed in payment oi Ihe interest and then on the unpa~d balancr of the princ~pel sum. If default is msds 1~ the
,;~tient of miy insta:~ment when due, and suth defeult continues 30 days, then at !he op~~on oi the holder, a~td without a~y other nalice, all the ?em~ining
.s+allmrnts shall tx d~e and payabie at once. Privile~a is givrn to p~epay this note in whole or in part at any time without penalty. Neither foreb~at~~te,
no~ accepta:xe by the hcider thereof ateer any ckfault in.tny payments he~eo~. shal! be deemed extensicn. A late paymero cha~ge of s 11.35 ,~„~i ~
.,cl-_d ro each instalfrr,ent remaining unpa~d 7 daya afte? its duo date, and ~:~~e wm~shall be added to each wch installment ~emaining unpaid 7 days ~her
e.,ch :vccerding payment dare. - •
Each .r.aker, surety and endorscr hereof, ~ointly and severolly, wa~ves demand, presenrment protest and notice of proteet for nonpaymeM, ~nd further
e~rees to any exrens~on of t:ma of paymenf, ertikr bafore or afrer matur~fy, wnhout r.ar,ce to any of us; and to pay all costs of coltection, ineludin~ a
~.>enab!e attorrey's fee ~n the event of any de'autt hereunder, ar!d here6y severaily ,ve~ves ali benefit of homestea~ and eXemption under tF?e tonstitufion
~~i laws of each Sr~~e of the Usuted States, as 3'~drt15f this obli9ation cu any e~~ens~en or renrv~al hereof. .
:Y~~ness the hand and seal of each party. S~ith
s/Robert L.
ts~?U
g[M~ti~ ~a P. Saiith ~AU
$41.40 , • ~
( State Revenue
~rar~~ 4t~~eLei ~ Mi~ Vroie)
NON, THEREFORE, the MORTGAGOR fw ~he purpose of securing payme~t ot sa~d sum of = 27~6~~~~ and ihe performance of the
c.venants and agreements here~nal~e~ expressed, and for divers good and valuabie wns~derations, by thase preunts, does grant, bar9ain; sell, remise,
+c:e~se, convey and confirm unto ~he NIORTGAGEE, its succeswrs and asaig:+s, all that certain fot, piece w partel o! (and, situate, lying, ~nd beir?p in ths
i County of _ St• i'uCi6 _ and State ot fbrida, desvibed as follows: ~
Lot 8, Block 162~ 4AKBW~OD PARK UNIT NO. 12, as per plat thereof on file
in Plat Book il, Pages 2bA and 268, of the Public Records of St. Lucie
cou~ty, ~ ioriaa~( I y-a ~5/3 -oo%
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p roqether witF~ aIl and singuta? the tcnementi, hered~taments and appurtances thereunto belonging or in anywise sppeA+ininp the?eto, and +II renri, issues.
f v~«eeds and profits accru~ng and ~o accrue from said premites, all of which are included in the above and foregoirg dexription and h~bendum.
TO HAVE ANphO i1010 the sbove desc~~bed and granted prcm~ses unto tl+e said MORTGAGEE, its successora and asigns forever. And tht wid
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j '.10RTGAGOR for heirs, eaecutws, administrators and assigns, hereby tovtnanfa with the said MORTGAGEE, iq suttesson ~nd stsipro,
they are :
rhai awfully x~zed of the said prcmises i~ f~e simple; that the ssme are free, ckar and discharyed fran ~II liero and errcum~
brances in law or in equity, and that they W~~~ a~ their hein shall warrant and defend ths title to the saen~ to the said
'/'•ORTGAGEE, its auccessars and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS that if the MORT6AGOR shall pay unto the MORTGAGEf the promiuoty note Fteteinbefore dewibed snd shall tn?ly, promptly
.,~d fu~ly perform, d~uharge. exec~te, compiete, comply w~th and abide by each an~ every the stipulations, sgreements, conditions ~nd covenanri of said
c~om~sswy note and of this Morf9age, then this Matgage and the Estate hereby crested shaN uase and be null and void. ~
IT IS UNDERSTOOD tF~at the word "Mortgagw" whether in the singular or plural anywhere in this Mwt~sge, il+sll be si~yular if ont only and
shall be plursl joi~t~y and uveratly if more than one, and thst the word "their" as used ~nywhere in this Nbrt9sge shall be tsken to mesn "his;' "hen,"
o. "its," wherever the co~text so impiies a admits. Also, thar whercver there is a reference in the covenants and agreements herein contained to any of `~i
` ihe parties hereto, the same shall be constrved to mean ss well a~ the hein, legal represeMatives, successon and auipm (eithet vol~Mary by acf of ihe ~
i earrles or involunury by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advaatayq inw~ ~
fo the respettive he~ri, Iegal representative:, successots and ass'gns of the parties hereto.
And said Mortg~gors, for themselves and their hein, legal represe~tativet, successon and assigns, hereby joinHy and seve~ally cwen~M ~nd apr~e ~
• ro and with the said MORTGAGEE, its successws and sss+gru:
~ 1. to psy ~II and singular the pri~cipal and inrerest snd the var;ous and sundry sums of money payaWe by virtue of said promissory note, and this ~
~ mortgage, each end every, promptly on the daya respectivefy the same seveially become.due.
2. To psy alt snd singulai ?he tsxes, asseumenn, lev+es, liabiliries, obligstions and encumbrantes of every nawr~ snd kind now on s+id deuribed ~K~
property, w that hereaf~e~ may be imposed, suffered, placed, levied, or assessed tfmreon, a tMt here~fter may be levied a~sesud vpon this Mort¢ py~
age, or tFx indebtednes: secured hereby, esch and eve?y, when due and payable, xcordinp ro law, befwe they become delinq~e~?t, ~nd b~fot~ ~ny iMertst
; arraches or any penalty is incurred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTtY SATISFIED ANO DISCHARGED Of
! R=_CORD ANO TME nRIGINAI OFFiCIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICUIIY ENDORSED
OR CERiIFIED) SNAII 8E PLACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXi AfiER PAYMENT; and in the event 1F?~t ~ny thereof a nol
paid, sat'sfied and discharged sa"d MORTGAGEE may a` any t~me pay Ihe same or any part 'hercof witFw~t waiving or afiecting any option, lien, equity a
p •~qht under o~ by virt~e of th;s mo.rgage and the full smount of e+ch and every such payment shall be immediately due •nd payabk and shall besr i~terest
; ~roT +F~ dar~ the.~o~ ~•rn~l pa:d ar rate of nine per centum per annum and togdher w~th suth interest shall be setured by the I~er, of rh's morg~age
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