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30~518
THIS IN~ENTURE. IW~M ths 2~~ h day of ~,pZ i1 , A.D. 19_~. between
John Scott yeill and ElizaGeth S. Neill~_ his wife
of SL . Ld1C1E' Cp~nty flo~id~, Mrein~hN dstipnated ~s the "MORTGAGOR;' a~d fIRST FEDERAL SAVINGS AND IOAN
ASSpC1ATION OF fORT PIERCE. ~ aorpaatian ayaoised and eaittinp und~r iiw i.ws ~t t`b !:^=t~d S~aas of Am~riu ~~d kaviny ib principel pl~n of
buNnp~ in tM Gty of Fwt PiKa, St. l~ci~ County, Flaida, Mnin~hK daipn~t~d ~a tM "MORTGAGEE."
WHEREAS tM MORTGAGOR b jwHy ind~bt~d to tFw MORTGAGEE in tht ~um of s~ 600 _ Qn pood and Iswful money of the Unitca
Sratas advar+ced by tM MORTGAGEE uroo tM MORTGAGOR, u~vW~nced by a cer~ain promiuwy not~ of even date herewi~h, of which the foliowinp i~ -
words u?d fipurn h a trw topy, to-wit: , t
~ 2, , 6UO. 00 _ ~ t~o t nc~a ~~n~ ~
fort Pierc~. Florida, ~P=' i 1 28 ~y 7 S :
Fw vaiw nceived, 1, ws w eitMa of us, promi~ fo pay, witho~f d~f~lcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOt1ATiON Of
FORT PIERCE +t Fort Pi~rce, flwida, the sum of 5~600• VO with interest from date af the rafe of~ • 7 96 par +nnum, in monthly install-
~.,enrs s~ follows:: 207. 00 20th ~y of June 1p
7~ ~nd a like sum on tha corresponding day of each month thsrr
after until the whol~ be fully psid.
E~th installment fint sAall b~ applied in payment of ths interest and then on the unpaid balarxe of tM principal tum. tf defsult is mad~ M the
payment of any init~llmeM when d~s, and ~uch default cw~tinve~ 30 day~, then at the opt~o~ of the holder, and without any other notice, all the remainin~
~nstallm~nri sMll be dw and p~yable ~t onte. Privile~ is 9iven to prepay this note in whole w in p~rt at any ttme without penalty. Ne~tFx~ forebear~nce,
r,or acceptancs by tM holdu thKSOf after a~y defa~lt in anY paYments hercon, tMll be dremad exteruion. A laro payment tMrpe of li
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35 ~MII bs
added ro esch imtallment ram~ininp ue?paid 7 days ~fter its dw dats, ~~d ~ like ium shall be added to each such initallment remaininy ~np~id 7 dsys after
tach svcteedlnp payment dst~.
Each m+ker, wnty s~d endaier F~e~eof, joimly and sevaally, w+ives demand, prese~tm~nt protest and notice of p?otest fw nonpayment, snd fuhher ;
agrees to ~ny extensan of time of payment, either bsfore or after msturity, without notice to eny of us; and to pay al) cosri of collectton, includinp s +
.eason~bk ~ttwney's fee in the event of a~y defavlt hereunder, ~r+d hereby saverolly waives aIl benefit of homestead and exemption under ths co+wtitution
a~~d taws of each Stata of th~ United States, as against this obli~at(on w any extension o? renewat hereo
WNnesa t!w hand and se+l of esch partlr• J.~.~ t, ~_.~"s~
S n S ~q
(5~?U
S/ zabeth S. Veill ~W
_ (s~?U
3 ti . 4 U i Ste» Rewnw
`Q]t~fd~iCYiiaitiili~bi[]f~[i~dBfiK
NOW, THEREFORE, th~ MORTGAGOR for tM purpose of secvrirg p~ymsnt of ~~id wm of i 25 ~ 6~0 _ nn ,~n~ the performanu af ths
covanan» and ~pretmtnb heninafar exp~eued. and fw diwrs ~ood ~nd valwbl~ consid~raYw~u, by thew pr~sents, dws ~r~M, b~r9~Ir1, s~ll. nmis~,
rrleaie, convey and confirm unto tM MORTGAGEE, iri sucteuors and ~uiQns, all IMt cert~in lot, piea or pucel of I~nd, sitwn, lyinp, ~nd beiny In ths .
~W~y ~ St. Lucie u,d Star. of Fb.ida, d.w~b.d u fotlows: '
~5b7-~o/-009~ ae% ;
Condominiur~ Parcel \o. 726 of CAPSTA\ I, according to the Declaration
of Condominium thereof, recorded in Official Record f3ook 232, at pages
61~~-?11 of the public records of St. Lucie County, Florida.
Si1BJECT to terms and conditions of said Declaration of Condominium, the
Articles of Incorporation, By-Laws, and Declazation of Covenants and
Restrictions of Ocean Village Property Owners' Association, Inc., with
which terms and condit#,ons the mortgagor covenants to comply and perform.
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g rogeth~r with dl ~nd sinpul~r the t~n~m~nb, hereditamN?n and appurt~nc~s tMrw~to b~lw~pinp a In ~nywiw ~ppKtafnkg tharNO, and dl nnts, Issws,
~ procseds u~d prof~ts acoruirq ~nd to ecvw from s~id pr~mises, all of which ~r~ includ~d In th~ sbov~ a~d forpdng d~acrlption ~nd Mb~ndwn.
TO HAVE AND TO klOlO tFa abov~ dsurib~d ~nd q~anted pr~mias unto th~ saTd MORTGAGEE, its sucauas and ~u{pr?s for~wr. Md tM a~id
their
s A10RTGAGOR for Min, ~xecuton, administwton u~d auipro, htreby towrunri with tM ~aid MORTGAGEE, its waes~on and ttt(p~.
K 1FIE} t he y 3 Ye ~~~~~~Y of tFw aid p~emisea in fN simplr, tMt tM um~ ~n hM, cleu u~d dischup~d from all Ifans and ~ncwm
~ brs~ces in law or k~ equity, and tMf they will and their hNn sMll warraM and d~f~nd tlw titl~ ro tM unN to th~ s+fd
AtiORTGAGEE, iri wcuuws ~nd asqns, fww~r y~i~st th~ I~wful claims a~d d~m+nd~ of all pKwrat
PROVIDED, ALWAYS tMt H th~ MORTGAGOR sMl{ p~y uoto th~ MORTG/1GEE tM promis~ory rat~ ha~inb~fon d~scribed ~nd ~h+ll tnrly, promptlr
and fully p~rform, disd»r~, ex~cut~, compbt~, comply with and ~bid~ by ~ach and every tFw itipulafions, ayresrtwnb, conditfons uid aownann of said
e promiswry nott snd of thts Mortyap~, t}~n thi~ Monya~~ ~nd tM bt~t~ henby u~ated ~hall u~~s ~nd M rwll u~d wid.
IT IS UNDERSTOOD that tlw word "Mon9ya" wFxther in tFw ~inpul~r or plwd ~nywMr~ ln this Mort~p~, shall b~ sinpulu H o~ only and
•halt b~ plunl ~olntly and kv~rally ff mor~ Mun one. ~nd th~t tM word "tMir' ~s wed ~nywlwn in tha Mort~aap~ aMll b~ tak~n to m~an "hh." "Iwn,••
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or "in;' wh~nva tM cont~xt so impli~s w admin. Abo, that wMrevN tha~ k s r~f~renc~ in iM cw.n.nn .nd p...m.nn h.r•in oom.M~d w~rnr of Q
s rhe partly her~to, tFw iam~ ~hstl b~ comtrwd to m~an as vwll th~ Min. Ipal hpres~ntatiws. wooason and ~ssipm (~itMr voluntary by ad of tM ~
~ pani~s or M~volunt~ry b~r operatioe of the law) of tF~ aamt and that fh~ oownanh Mr~in cont~irnd th~ll bind ~nd th~ b~r»fits ~ed dv~ntayu trwr~ ~
ro tM rap~ctlw Min, Ip+) r~pnwntativs, wa~aon and ass?yrn of tM p~rti~s ha~ro.
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t Md said Mwtypas, for th~mwlv~s ~nd tf+ttr Mirs. Ipal rep~~tativa, wcuswra and auipru, Mr~by (ointly ~nd s~vaally covtrwM and aprN ~
; to ~r+d with tlw uid N10RTGAGEE, ib ~uttyson Md ~uiyrn: ~ ~
~ 1. To p~y dl ~nd sinpular tM princip~l ~nd tnt~nq and tM v~raw and s~ndry sums of ~arwY paYsbla by virtw of ukl prani~wry rat~. ~nd tFds ~
~ mortyp~, wch and ~wry. pranptly on t!N d~ys respectiwly tM sam~ kv~rdly b~carn dw.
' 2. To p~y all u~d sinpvlu tM ux~s, asw~~nri. Iwies. Habiliti„, oblip~tiom ~nd ~rKwnbr~nca of ~wry r?~h+r~ and kind now on aid dNCrib~d
~ Prop~rW, a tMt her~afte? may b~ impoNd, wffK~d. Plaad. Iwt~d, or ~a~swd tMnon. or that iKreaAK may b~ levied w s~s~ss~d upon tNs N~orq-
.fl~, a ~h~ M~d~badnew Ncv.~d M.~. ~+cA uid way, wMn dw and pay~bb, aao.dinp ro law, b~fon th~y becom~ d~llnqwnt, and beton any Innna a,c
k att~tMs w arry p~nalty b G+cwred; AND INSOPAR AS ANY 1HEREOf IS OF RKOR~ THE SAME SHAII dE PRO1MPTlY SATISf1ED ANG DtSCHARGED Of
a RECORD ANO THE ORIGINAL OffICIAI DOCUNIENT (SUCM A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFfIC1ALLY ENDORSEO G~~o
OR CERTIf1ED) SHALL 6E PIACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN ~AYS NFXT AF1ER PAYMENT; ~nd i~ tM ~wnf 1Mt any tFK?~of is no1
~ p~~d, t~t'sfi~d and disdur~d u:d MORTGAGEE may st any tim~ pay fM u~ or ~ny p~rt tMrwf withow w~iviap w~ff~etinp any option, li~n, puity a
~ ~~ahr und~r w by virtw of thi~ mortya~~ ~nd th~ full amount oi ~ach ~nd ~very tuch payrn~nt ahall b~ immediauly dw ~e~d p~rabb and ahall bNr intK~st
F.oT ~he dere rhe~eof ur+rtl p~~d s~ nt~ of n~ne per untum pe~ snnum ~~d top+tMr with ~uch inta~q ~hall M secwad by tM Il~n of th'~ moryta9a.
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