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THIS INDENTURE, Mad~ the 13th ~y af May , A.D. 19 75 betw~en
R~ D. Goolsby and i.ucy olsbx. his pife
St • L~e ~
oF Cou~ty Flor.da, her~in~fter deaignated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AN~ t0~?N +
ASSOCIA?ION Of fORT PIERGE, a caporation a9anised and a+cistirg unda the laws of tM United Stat~s of Ameriu and havinp its principal placs of =
busln~ss in tM City of Fwt Piac~, St. tucie Counry, Florida, hsninafte~ des~ynated as the "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR is jusUy indebted ro ~he MORiGAGEE in the aum of S 47 9ood and I~wful money of the Un;ted
States advanced by the MORTGAGEE unto ths MORfGAGOR, as evidencrd by a ce~~am pro~nisaay ~o1e of even date herewith, of whith tM foJlowin9 in
s 47 aO~9ur~is a uue copY, to-wit: 1~~1~1
s • No
fat Pierce, Flaida, ~Y 13 ~ 19 75
Fa value ~eceived. 1, we or either of us, promise to pay, w•ithout defalcation, to the o~der of FIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
';!RT PIERCE at Fwt Pierce, Flo~ida, ~he sum of S d7~~~ w~th irneresl from date at the rate of ~a~°lo per annum, in monthly install- ~
~~s as (o~lows: S379~O0 ~~~?~t1_ ~ay oF _ Au9ust ~9 -75 and a like sum on ths cwrespor+d~ny day of esch month therr
e•rer until the whole be }ully paid_ ~
Each installment first shall be applied in payment of the interest ancl then o~. the unpaid batance of the prinupal sum. If default is made in the ~
~ a,~~~em of any ins~ellment when due, and such default con?inues 30 dayt, then at rhe opt~on of the ho~der, and without eny o~he? not~ce, all the remaining ~
~;stallmems shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penahy. Neith~? tarebeuanc~, j
ror acceplante by the hofder thereof afte~ any defauh in arry payments hercon, sha11 be deemrd extens~on. A late paymeM charge of s 18~95 sMll be '
acyd•:d to each ins~aiimeM rema~ning unpa~d 7 days ~ffer its due date, and a tike sum shall be added to each such installment r~maining unpaid 7 days aher '
~
e~ch succeed~ng payment dare. '
Exh maker, surety and endorser i+ereof~ jointly and severally, ~n•aives demand, presentment protest and notice of protest for nonpayment, and funher
a;~res ro any eztenaion of r~me of paymen~, eifher betore w aher matw~~y, withou~ nat~ce ~o any of us; and to pay all costs of coUection, includ+ny a
c_ sonabk attwney's fee in the ever~t of any defau•t hereundc~, and hereby severally waives aIl benefi? of homestead and extmption under the tonstitutioo
:~,d !~ws of each State of ~he Ur.itcd States, as against this obligation or any e+ctens~on or renewai hereof.
Witncsa tha hand snd seal of.~_:~ parTy. s~j~ D~ Goolsby
~ . . . (se~W
,
. (sE/?U
s/Lucy R. Goolaby ~ ~
i $7O~ 5O t $tate Revenue ~ ~ •
, ~t~r.p~ ~eiM~~.~r9iMl~we!~e) ~
NO;N, THEREFORE, the MORTGAGOR for the pu.pox of srcurirg payme.+t of said sum of s 47 ~ OOO~ ~ , and the performance of the
cowenants and agreements hereinafter exp~esaed, and fw divcra yood and valuable co~s~dsrotions, by these preaenri, does grant, ba~gain, ull, remiu,
:e':ease, convoy aru! confirm unto the MORTGAGEE, its succeuors and auigns, all that cerrain lot, piete or parcel of Isnd, situate, lying, and bein~ in ths
Counry of St• L'uCie and Ssate of Florida, dexr~tr~ed as follows:
Lots 29 and 30, BZock 165~ [.AKE~OD PARK tJ~tIT NO. 12. according to the plat
thereof recorded in Plat Book 11, pagea 26A and 26B, Public Records of St.
Lucie County, Rlorida, ~30/ -~/S/ -d~/7^OOU/~
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' ~ 1`0 f'HAPTFR 71•13l. ACTS OF ~~lc
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~ +egerF.cr w~th a!1 and singular the tenements, hereditamenri +nd ~ppurtances thereunto bebngin~ ot in ~nywise ~ppert~ining thereto, ~nd aU renri, isw~s,
~ c~oceeds and profits acauing and to accrue from said premises, all of whith are intluJed in the abqv~"~nd foreyarg dtsctiption u~d Mbendum.
~ TO HAVE AND TO HOtD the above described snd grsnted prrmises unto the s~id MORTGAGEE, its succeswrs and ~ssqns fwevu. Md tht ssid
c their 9 ~yy w~~y With the ssid MORiGAGEE, its svccesson and auip~a,
;"ORTGA R fw - hein, e:ecut«s, administrators aod assi rts, her
~ t~°ey ar e
r~,a~ - Iawfutly seuesl of the said premise~ in fee timple: that tM ssm~ :n fre~, cltar and tiistharged from ~il liens ~nd ~ncun~
~ o.ances in law cr in equity, and that they W~~~ their hein sMall watrant and dsfend the titk ro the s~m~ to the sald
~ :'.ORiGAGEE, its s~ccessors and assigns, forever against the lawful clsims snd demands of all perwns;
- PROVIDED, ALWAYS that if the MORTGAGOR shalt psy vnto fhe MO&TGAGEE ths promissory note F~ereinbeforo destribed and shall truly, promptly
a~d fiuiiy perfwm, diacharge, execu?e, complete, comply with and sbide by each and every the ttipulations, agreemenri, conditian and covenanfs of said
; :,~om~ssory note ar+d of rhis Mortgage, then this Mortgs9e and the Es~ate hereby ueated shaU ceast and bt null ~nd void.
" IT IS UNCERSTOOD that the word "Mwtgagor" wlxrher in the singvlar o? plwal snywFxr~ in this Mortpsge, ~lull be sinyviar if on~ only and
~ s~all be plurel jo~mly ard sever~lly if more tMn one, and that the word "their" as used anywFer~ in this Monpa~e shall be tsken ro m~an "his:• "h~n; o~-
? "~rs," wherever the conteat w implies or admits. Also, that wherever there is a~eferente in the coven+nts s~d ~greemenb her~i~ conhinsd lo uty of
z ~~e parties hercto, the same sl~all be constrved to mean as well as 1F~e hein, legal repreuntatives, succeuws and auigra (~ither volunt~ry by att of tM ~w
~ oa~r~es or i~voluntary by operation of the law) of the same and that the covenants herein cont~ined shall bind and the benefiri and ~dva~tspa inw~ ~
~ ro!he retpective heirs, leyal represtntatives, successws ~nd su'yns of the psAies herero.
~ Md said AAortgagon, for themselves snd their heirs, ley+l representatives, successors ~nd assip~'s, hereby jointly and sever~lly coven~nf ~nd ayr~e ~
ro and with the said MORTCsAGEE, its scxcessws and auiyns: ~
~ 1. To psy ~II ~nd iingvlar t1~e pre~cipal and interest snd the va?ious and sundry wms of ma~ey p~yable by vi?tue of said promissorr nofe, ~nd this
~ mortgsye, esch and every, promptly on the days respectively tht same severally become due. ~,..a
~ 2. To p+y all and singulu the uxes, auesuna~b, levics, lisbilities, oblig~tions and encumbranus of ewry natvre and kind raw on asid dew~ed
~ property, w that hereafter rruy be [mpofed, wffered, placed, levied, a assessed thereon, a that he~eafttr may b~ levied w asssssed irpa~ tMs Mort¢ ~
age, or tM indebredness secured hereby, eacfi and every, when due and psyable, accordinp to law, befwe they becae~ delkpusat, and befon any (ntaq~ ~
~ afraches p a~y penalty is incuned; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIEO AND OISCHARGED OF
P.ECORD ANO iHE ORIGI1~iAl OFFICIAI DOCUJ111ENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR 7HE SATISFACTION PAPER OfFICIAIIY ENOORSED
OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in the event tMt sny theraof is not
~ p~ d, sat"sfied +nd discharged sa:d MORTGAGEE may a~ +ny time pay the same w~ny part Ihe~eof withovt weivirg a affettirg eny option, lien, aq~rity or
~ •~~M ~nder or by virtue of this morryage and the fu~! +movM oi each and every such payment shall be immediately due and payabk •nd sMll bear interest
irom rF.e da}e fhereof unt~! pa d at rate of nine per centum per annum anA togelher w~th such interpt ~hall be secured by fhe lien of th s morgtage.
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