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30'7889
THIS INOENTURE, Mad~ the 5th day of ,~ay A.~. 19 ~S between
_ w 1 re atiqny ~ a s n~ e a u an ~ar~or e. io i a sing e a ult ;
of SL _ t_ucie ,~punty Fiorida, hNeinafter desiynatetl as tht "MORI ~ R,"~ ~nd FIRST FEUERAI SAVINGS AND IOAN
PSSOCIATION OF FORT PIERtE. a rnrporation wQapizad and sxatinp under the lews oi IM Unif~d S~~tq of Am~rit~ and Mv{np ht p~intipal plau of
bus~nes~ in tM City of fort P~ac~, 5t. luci~ County,. Flaid~, hereinafter desiynated as tM "MORTGAGEE."'
WHEREAS Ih~ MORTGAGOR is jvttly indebtcd to tM MORTGAGEE in the sum of S 4 •O0 yood and lawiul monsy o( ~he United
Sretes advanced by tha MORTGAGEE un~o the MORTGAGOR, ~s evidenced by a certsin promissory note oF ev~n dat~ he~errith, of wh~ch the (oflowinp in
„ords and ligures it • Iru~ copy, to-wit:
s_ 9,~o-oO ~ 13000032
fo.t Pierc., F~a~d., `~ay S tv 75
Fa vatue rezeived, 1, h~e w either ot ~s, prwn~u to pay, without de(atcat~on, to ~ha order of FIRST FEOERAI SAVINGS AND IOAN ASSOC~ATION OF i
FU2T PIERCE at fo~f Pierce, Fbrida, the sum of : 9+0~ w;lt~ inte~esf irom date at the rate of 8• 7 7a per a~num, in monthly instal{~
~~ems ss (o~"ows: i_ 74 .OO a, _ 2Oth day of Au9t13 L 19__?
5 and s like ium on the correspondirg day of each month there-
a+ier until ttie whote be tully paid.
Each irtstallment first shall be app(~ed in payment of the interest and the~ on rhe unpaid balance of the p?i~upal sum. If de~sult is mad~ in tha
Fayment of aqy in~tallmenl vtihe~ due, and such default caitinves 30 days, then at the opt;cn of the hotder, and without any orher notice, all the remaining
~nstallmenb shall be d:x a~d payable at once~ Privilege is g~ven ro prepay this noto in wFwl~ or in part st any tiax without penalty. Neitfw.forak~taranv,
er acceptante 6y the ho!dr. shereaf after any drfau!! in any paymer.ts here„r., shal! te d~:red exte~s~:.n. A~ase payrrknt charga of-i 3~?~ sh~y be
ndJed to each installmeM remain~ng unpa~d 7 days after its due date, and a like wm shall be added to each such instaflmem romainiog unpaid 7 days after
each svcceeding paYment dat8.
Eacfi maAer, sur~ty and endorser hereof, ;ointly and severafty, wa~ves demand, presenime~t protest and notite of p~otest for nonpayment, and furtM~
a3rees to any extension of time oF payment, ehher before or after maturity, without no!~ca to any of us; and to pay all costs of collectian, incivd~np a
r~-.~sonable attorney's fce in the event oF any datautt hereunder, end hereby se~e+ally walves all benefit of homestead and exemption ~nder the constitution
.:~j laws of each State of the Un~ted Sta~ra, es aysi~:st Ihis oblgation w sny extension w renewai hereof.
Witness the hand snd seal of e~ch party.
_ s/ Wilfred F _ Chatia~y ~~u
~W
s/ ~ta~jerie E. ~lliott ~q
(5~?U
t - _ ~ 13 • ~ ~ State Revenue
c~+~~~.a~en~,e~er
NOW, THEREFORE, the MORTGAGOR fw the pu~pose of securirg psyment of said sum of S 9+~~~~ , and the perform~~ce of ths
covenants and agreements herei~a(ter exp~essed, and for divers good and valuible cona~derations, by thesa prtsents, does gront, 4arysi~, ull, remise,
r:~zase, convey and conf~~m unfo the MORTGAGEE, in successors and assgns, ali that certain tot, piece or p~rcel of Isnd, situate lying, snd bein~ in the
:ounty of St . I.UC1@ , and State of Fb~~da, described as follows:
Lot 16, Block 471, P(?RT S?. LUCIE, SECTIOV 6~ as recorded in
Pla t Book 12 ~ Pa ge 3(~A, o f the public rec ords o f St . Lucie
County~ t'Iorida
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~ r_~erher with alt and sir,gular the tenemcnts, hered~taments snd sppurtances thereunto belonging w in anywise appertaininp tMerefo, and ~I) renb, issup,
~ p~oceeds and prof~ts accruing and to accrue from said premises, all of which are included in the sbove and fwe9oirp desuiptio~ snd hsbendum.
s TO HAVE AND TO F(OlD the sbove descr;bed and g?snted premises unro rhe said MORTGAGEE, ib successors and sssipra fwevN. Md tM taid
their
~'ORTGAGOR fw he;rs, executon, administrators and assigns, hereby coveoanb with tF~ said MORTGAGEE, its suaes~ws and assipro,
~ th@ aYe _ ~awfull seized of the said
i '^~t ---Y-- y the prem]ses ~h i~mple: that tFw same are fres, dear and d'bchs~ped frorn all liero and e~r
; crances in law or in equity, and that y will and hein sF+~ll wurant and defend the titk to ths ~artw to tIM uid
V,ORiGAGEE, its s~ccessors snd assgns, fo~ever agai~st the lawful claims and demands of all perwns;
PROVI~ED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note her~inbefore dewibed and sh~ll huly, promptly
rnd fvlty pertorm, d~xharge, execute, complete, comply with and ab~de by each and every the stipula~ioro, ayreemenb, condii~ snd toven~nb of said
; crom~ssory note and of this Ntorfgsge, then th;s N4o.tgage and the Esate hereby veated shall cesse u~d be null ~nd void. ~
~ IT IS UNDERSTOOD that the word "Mwtgsgor" whethe~ in the s~ngular w plural x~ywhere in this Maty~e. ~h~ll b~ stnyulu if one only and
; sha~i be plural jointly ~nd severally if more than ons. and ti~t the wwd "their" ~s used anywhere in this Mo~t~ssye shall b~ taken to mean •'hu,•• •'hut;,
t cr "its," wherever the context so implies a admits. Atso, that whe~ever there is a reference in t!~ covenants and agreemeny herein eontained to ~y of
;he psrties herero, the iame shall be co~strued to mean ss well ai the heirs, leysl representatives, wccesso?s and auipns (~ithe~ voluntary by ~ct of th~
parries w involuntary by operarion of tF~e law) of the same and that fhe covenants herein contained sh~ll bind ~nd the benefin a~d advantapes inwt K
}o the res rve heirs, I al re esentatives, svccessas and ass' ns of the . A-
P~~ ~9 P' 9 P+~~ ~reto.
~ And ssid Mortgagors, for themselves ar+d their hein, legal representativf~l, successon and assi~r?t, hereby jointly and ~avaally covenant ard ay~~e
i ~o and with fhe said MORTGAGEE, irs wcceuors end suigns:
s 1. To .
p~y ~II snd singular the principsl and interest and ~he variovs ~nd tundry surt~ of money payabl~ by virtw of said promissory rat~, ~nd thi~
; mo.tgage, each and every, promptly on fhe days respect7vely the same severally becan~ due.
i 2. To p+y all ~nd s~nyular the taxes, assessm~nn, levies, liabilities, obligations and ennxnbr~nces of every natwe u~d kind oow on said d~suib~d p~p
F propl~fy, or that hereafter maY be impo~ed, wffered. Placed, levied, w assessed thereon, or th~t I+ereaher may b~ kvied w~ssesud upon this Mortp~
~ age, a the indebtadr~eu secured he?eby, exh and eve.y, wMen dve and paysbk, accordi~g to law, before they become delinquent, ~nd b~for~ any ine~rest
~ a+raches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE S/1ME SMAII dE PROMPTIY SATISfIED ANO DISCHARGEO OF
! aECORD AND THE ORIGthAt OFfIC1Al DOCUMfNT (SUCH AS, FpR INSTAN~E, THE TAX RECEIPi OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSED
` OR CER'IFIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; and in the event IMt ~ny lheraof is ~ot
't
pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same w a~y part thereof without w~iviny or ~ffettinp ~~y option, lien, eqvity w
~ •:~h~ vnder or by virtue of this mortgage and the full amount of e:ch and every such payment sMll be immediately due aru! payable snd shall be~r internt
; ~rom rhe date thereo~ unti` oa:d at rste o~ nine pe~ cenfum pe~ annym and togethe~ with such iMdeff ~hall tM m~red by ihe lien o~ th s morgtage.
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