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THIS INDENTURE, Mad~ the 12 t h day of F~a y , A.D. 19 7
S- benn~+ ~
Peter At Leaminc~ and Brenda '8.~ Leam,3nq.~ hic ~rife i
of St. ~UC1@ ~~punly fiaida, herainatter de~g~~atrd as the "AM1ORTGAGOR," and FIRST FEDERAI SAVINGS AN~ IOAN ~
ASSOCUTION OF fORT PIERCE, • corporation oryanized and existinq u~der the laws oi IM United Sts~q of Am~riu and Mvk~p i1s principd place of ~
busin~u G? th~ City of Fat Pi~rc~, St. tvcis Carnty, Fbrida, hereinafttr designated is ~he "MORTGAGEE." ~
WHEREAS th~ MORTGAGOR is jv~tly indtbred to the MORTGAGEE in the sum oi t 3~..-lOO~• , gooti a~d lawful money of tFM Un~ted
Sratei ~dvanced by the MORiGAGEE unto the MORTGAGOR as evidenced by a cer~a~n promiuory nole of e~en date herewith, of wh~ch the fotlowinp in
Hords and figures is a trw copy, towit: {
s30.OQ0.00 ~ 10021339 ~
Fwt Pfarce. Flori~a. Mdy 12 19 75 f
Fw valva received, I, we or either of us, pro,n~se 1o pay, without deFalcat~on, to the order of FIRST fEDERAI SAVINGS ADlD IOAN ASSOCIATION OF 1
=CRT PtERCE at_Fwt P~mce, fbrida, the sum of j 30,~~ • w,th ,nr~rest from date af tf?e rate of 8• 7~ pe~ annum, in moMhly install- i
».ents aa fol:ows: j?~~ on the _20th day of J~e 19. 75_ and a like sum on ~he cwres~d;ng day of esch month ther~- ~
a~rer until the whole be fvlly paid.
Each installment first shall be appt~ad in payment of the inte~est and tF,en on the u~paid balance vf the prinupal i~m. If defavlt is rr.+d~ in fhs
F a_:ment of any 7nsraitment when dua, and such defaul~ con~inues 30 days, then et ihz optioo of the holde~, and without any other notice, all the remaieiny
:~~srallrnenfs shell be due and payab:e at once. Privilcge is givan to prepay this note in whole or in pirt at any tima withovt penalty. Neithe? forsbNru~cs,
~or acceptance by ehe holder thereof after any defautt in any payments hc~eon, shall be deemed extens~on. A late payment cMrge of 13.3~, shall be
~d.i=_d to each instaltment remaining uopa~d 7 days aitcr ifs due date, and • I~ke sum shall be added to each such installment remsining unpaid 7 dayt aft~r
each succeeding paym~nl date.
Each maker, surety and endwser hereof, joint~y ~nd severally, ws~ves dema~d, presentment protest and notice of proteit far rwopay~nenf, sr+d furtF~
a3rees to any eatens~o~+ ot ume of payment, e~fher beiore w af?er matu:~ty, wi~hout narice to any of us; and to pay aU costs of collection, includlny •
r-~scnable anorneyi fee in ~he event of any d.:fault hereurde~, and Ixreby seve~ally waives all benefit of homestead and exemption under ths tonstitution
;~.d Iaws of each State of ~he United Sta~es, as against ~his obligation w any extension or renewal hereof.
Witness the har~d and seal of each party.
~ ~ , s/Peter M. I.eaming ~
_ ~ (SEAU
s/Brenda E. Leaming ~U
C 45.00 ~
_ 1 State Revenve
;SrinTpi ~ao~Qed.oa ~iyinaLoote~ .
NOW, THEREFORE, ?he MORTGAGOR fa the purpose of securing payment of uid sum of S 3O • , and tM pe~foren~nce of ths
covenants and agreements hereinaffer expressed, and fa divers good and valuable considerations, by tF~ese presenri, does grant, baryain, sell, remiss,
. e'ease, ccv~vey s~d confirm unto the MORTGAGEE, i~s succeswrs and assi9ns, all tlwt certain lot, piece a parcel of Isnd, situate, lyirg, and beirg in ths S
Co~nty of St . Luc ie snd State of Florida, defcribed ~s follows: '
?_ot 3, Flock 167, LAKE~ti'OOD PARK,. LJNIIT #12-A, as per plat thereof record~d in ~
nlat Rook 11, pages 35, 36, and 37, of the Public Records of St. Lucie County,
~ lorida, ~30/ -lo/~~'DOOy-d00~.3
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i G.ERK Ct~ ST. ItIClE CO.. FU~
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~ rogether with sll and singular the tenements, heredit~ments and ~ppurtances thereunto be{o~ping w in anywite appertaininp thereto, and all rents, iuue~ _
aroceeds ~nd paofin accr~irg and to accrue from said premises, sll of which ue included in the ~bo+r~ and fo?egoirg d~wiptan and habendum.
~ TO HAVE AND TO HQID the above described and granted p~emises unfo the s+id MORTGAGEE, its sutcessws and auiyns foraver. And tM said
their
'.10St7f~ GOR fa hcirs, executors, administraeon and suigns, Ixreby covenanb witF? the said MORTGAGEE, Ns wotesiots snd as~ipm,
~ ~~at t~@y are Iswfully seized of the said premises in fee simple; thst tM s~me ere 1ree, clear and d'acFrrped from all liens aed ~
~ ~~ances in I~w or in equity, and that thQy witl and their hein shall wsrrant a~d defend tht titlt fo tM um~ to fM qid
'dORiGAGEE, its successon snd ass;gm, forever against the lawtvl claims snd deminds of all penons; -
s PROVIDE~, AlWAYS thst if tF+e MORTGAGOR shsll p~y u~to the MORTGAGEE tht promiuwy note hereir~bsfor~ d~suibed and shdl truly, promptly
" ~~d ivlty perform, discharge, execute, complete, comply with and ab~de by each and every the stipulations, agreemenN, tondiY~au ~nd covenanb of said
~rom~uory nofe snd of this lNortgage, then this Mortgsge and the Estate hereby ueated ahall cease at~d b~ oul) and wid.
; IT IS UNDERSTOOD that tha wwd "Nbrtgagw" wF~etF~er in ths singula? or plural anywhere in fhis Mortyays, sMll b~ sirgulu if one only and
# shal~ be plural joimly ~nd severally if more tM~+ one, and that the word "their' as used anywhere i~ this Mwty+~e ~II be tak~n to rrN~n "hia," "hers," ~
~ o~ ••;is;' wFKrever the context so implies Or admits. Also, that wherever there is a refercnce in the cov~nanb and syreanenb herein oontained to u~y of
~ rhe parties hereto, the same shall be constrved fo mesn as well +s Ihe heirs, legal r~preaenqfives, successors and ~ssgra (eitMr vol~ntary by M of fh~
~ oart~es or involuntary by operatan of the Isw) of the sune and thst ~he co~enann herein conr•ined shall Mnd and rhe b.nef~n .nd advanrap.s inw~
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to the respectiw lxirs, kgal representatires, tucceuori and ast~gns of tix p+~ties hereto.
~ And taid Moetgagws, fa fhemsehres and their hein, leg~l r~present~tivts, i~cceuws and sssgra. Mreby jointly and severally covenant and ~prK ~
~ ro ard with ths said MORTGAGEE, iu successas and assiqns:
s 1. To p~y al) snd iinpular the principal and inte~est and the variovs ~nd wndry sums of mooey paYable by virtue of said promiitory note, ~~d this ~
~ m:ortgsge, eacfi ~~d evsry, promptly on the dsys respectively the same uv~rally become due. A w
~ 2. To p+y all irid s'ugvla~ the taxes, a~~eumenb, lev;es, lisbilities, oblgatiom and ~nnm+br~nces of tvery natw~ ~nd kind rww on said dacribd ~
~ropcrty, a th~t hereaAer may be impoted, wffe?ed. Pl~ced, levicd, or +uessed tl~sreon, a that her~after m~y fs~ Ievied o? ~ssased trpon this Morq-
~ age, w ~i~e indebtedness secwed he~eby, exh and every, when due snd payabk, sccordinp to law, befon rhey becarw delinquent, ~nd befon ~ny in»rat
ar~aches w amr penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTtY SATISFIED ANp OISCNARCED Of
~ R:CORD AN~ THE ORIGINAL OFfICIAI ~OCUMENT (SUCH A5, fOR INSTANCE, TNE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAIIY ENDORSED
: ^R CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHiN TEN DAYS NEXT AFTER PAYMENT; snd in the event that ~ny. th~reof if not
~ ;,a~d, sst'sfied +nd disch~rged sa:d MORIGAGEE may a! any t~me pay the same w a~y pan thereof wi~hout wsiving or ~ffectiny •ny optan,-lien, equity p i
~ .~~he ~nder o- by virtue of this mortgage and the full artwunt of each and every such payment sFwll be immediately due ~nd p~yabk ~nd sMll bear int~rpt ±
~ ~.o~r. rhe date ~he•eof vnNl pa d a+ rate of ~i~e per ce~tum pe~ snnvm ind toyether w~th ~vch interest shatl b~ secured by the lien of rn's morgragc.
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