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~ . . 3Ct~~83
THIS INDENTURE. Made the 2Ot~ day of . A.D. 1975 betwee~
Al~fieus Forbes and Idella Rorbes. his wife
o( ~t . I.11Cle ~p~nry Florida, heraina(~er dt~«7nated as the "MORT~AGOR," and FIRST FEOERAt SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a cwporation orgenised and exist~ng undN the law~ of,the United 51at~i of Arn~rKa snd havinp its pri~cipat' pl~t~ of
buameit in ths City of Fwt Pieres, St. lucie County, flaid+, hereinafte~ des~g~atad~l~ tM "MORTGAGEE."
WHEREAS tM M~RTGAGOR is j~s~{y i~debted to the MORTGAGEE in the a~m of s_ 601000. ~0 9~ ~ lswful money o~ the Un~ted
Srates advanccd by the 1.10RiGAGEE unto ~he MUkfGAGOR, as ev~ckncrd by a cena~n prom~ssay no~s of even date herewitA, of wF~ch ~he followinp in
,~.~rds s figuref iti a t~ue copy, to-wit: ~ iQQ2~.358
=60~~~~.~
Fort P~ce. Florids, ~Y 20 ~ 19~_
Fa value received, 1, K'E or ei~he~ of vs. prom~se to pay, wi~hout defalcat~on, to the order oF fIRSi FEDERA~ SAVINGS AND IOAN ASSOCIATION OF
JRT PIERtE at fort F~~rce, ~~orida, the s~~m of S-- 6O-s~-~:00---_ W;~^ ,,,tC'ts~ trom date at the rate of 8 7_'r.~,o per annum, in monthly instatM
-~rs aa io~:'vws: S_ 494.00 on the _?Oth day of Septea?ber_, 1975_ and a liks sum on the cwrespond'+rq day of esch mo~+th tl~ere-
a~trr ~n1i1 Ihe nho:e be f~tly paid.
Each insrallment tirst shali be app~~ed in payment of the inierest a~d tF,en cn the un~aid balance of fhe principal sum. If defaulf is mad~ in the
,~„nenl of a~y +ns~aRment when due, and sucfi default continues 30 days, Ihen at rhe op±~on of the holder, and without any other notice, all the remaining
~~>rallments shall t~ d.,e and payab:e at oncr. Privilege is given to prepay this note ~n whole or ~n part at any tinx withou! penalty. Neifhlr faebear~n[e,
nor aaepiance by the holder ~hrreof after any default in any pay~~ems hereon, sh~lt be deemed extension. A ta~e paymeM chsrge oi S 24 • 7O shsll be
~ l:iad to eech ins!a~ime~t remai~ing unpa,d 7 days after its due date, and a I~Ae sum shall be add~f to each such installment rcmaining unpaid 7 days aher
e ~ch sucteed~ng payment date.
Each maker, surety and endorser he~eof, jo~n~ly and several!y, wa~ves demar,~f, piesentrnent protest and rtotice of protest ior rtonpayment, and furthet
,3-eea to any earension of hme of paprnent, e~~i.er balore w aftrr maturity, w~tnuut ~:o!~ce to any of us; a~:d to pay all eosts of coUrcteon, inelud~ng a
•,~cr.able attomey'a fee in the evenr of any defev+t hereunder, and hereby seraral!y waives ali benefit o( homes~ead and exemption un~er the consfitution
,d !a+vs of rash Sra~e of the U~~~:ed S~afzs, as ayalnst this cbGgation w any exferts,on or renewal hereof. .
Witness the hand and seal o( each party.
~ S/ Alpheus Forbes ~EAU
cs~?u
S/ Idella Forbes tsEnq
' <s ts~W
ti90.00 ) Sta~e Reven~e
NO'N, THEREFORE, the MORTGAGOR fu the purpose of stcuring payme~t of sa~d sum of j 60~000• 0O and tM performance of ths
:o:enams and agreeme~ts hrre~nafter e~cpressed, and ior divers good and valuab:e cc~si~arations, by these prese~+ts, does g~aot,'bargain, sell, remise,
~•.eese, convey and conEu'2~ ~mp the,A,10RTGAGFE, its suc.eswrs and assigns, all that certain bt, piece or partel of land, situate, lying, and being in 1he
bL . L11C1@
~OU111~1 of - and State of F~o~+da, dew~bed as follows:
Lots 18, 19, 20, and 21~ Block I, HARMONY HEIGHTS ADDITION, as per plat
th2reof on file in Plat Book 8,• page 38 of the public records of St.
Lucie County, Florida ~-7.3I " 70/- ~~'y3 'd~~~7
iy3/ - 70~ -oi~~ ooa~i
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§ ~cgethe~ wifh afl and singuiar the tenements, hereditameMS snd appurlances thereunto belongirg u in anywise appertaini~p fhereto, and all renri, iuues,
~ :••uceed~ and p~ofin acuuing ~nd to accrue from said premises, sll of which are included in the above ~nd fotegoing deWiption and habendum.
~ TO HAYE At~10 TO NOID the above described and granted premises unto the ssid MORTGAGEE, ib sutceuws and ~uiyns forevlr. Md tht wid
~ their
:'ORTGAGOR fw ~~~s, executors, administrators and assign~, hereby covenanb wilh the s~id MORTGAGEE, kt s~?ttessors and ~ssipro,
•~.at - th~-~Zg-- Iawfully uized of the said prem~ses in fee simple; th~t the same sre free, cles~ snd discharged from all liens ~nd enarm~
~ c~ances en Isw or in cqu~ty, and that they r„~~~ their he;rs shall wsrrant and defend tM title to tM same to tfx ssid
~
- :'.pRTGAGEE, its successors and asstgns, forever again~t the lawful claims and demands of all persons;
~ PROViDED, ALWAYS that if Ihe MORTGAGOR shall psy unto tF~e MORTGAGEE the promissay rate hereinbefore dexribed and shall hulY• promptly
~ -d fully periorm, d:xharge, execute, comp~ete, compiy wi~h and ab~de by esch snd every the stipu~ations, agreements, conditions and covcnants of aaid
~s ~~mhsory note and of this Mortgage, ihen this Mor~gsge and the Estau hereby created shall cease ~nd be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular o~ plural anywhere io this Mortgsye, shall bs singuiu if one only and
s6a~t be pl~ral jointly and severally if more than one, and that the wad "theii' as used mywhere in this Morrgaye sMll bs t~ken to mtsn "his;' "F~trs;' `
~ "its;' wFxrever the context so i~nplies w admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of
~ •ne parties hereto, the same ihall be construed to mean as well as the heirs, legal represe~tatives, wtceston snd suiyns (either volunbry by atf of tM
r:~ri~es or invauntary by operation of the law) of the same and that the covenants herein contained thall bind ~nd tM benefitt and advamapes inw~~
~o the respective heirs, legal representatives, successors end ass'pns o( the parties heret~.
~
r And said Mo?tgsgors, for themxlves and their heirt, legal representatives, successas ~nd aui9ra, hereby jointly and sevetally covena~t and apree~
~ ~o and with the said MORTGAGEE, its successors and assigns:
~ 1. To pay +II end siriguls. the prirxipat and interest a~d the rariovs and sundry sums of money payabk by virtue of said promissory note, and thiq
~ mortgage, each and every. Promptly oe the dsys respedively the same severaUy become due. 4
~ 2. To psy el! ~nd si~gvtar tlx taxes, assessmenb, kvies, liabilities, oblgaYeor?s end encvmbrances of tvery nahire and kind now on said dearib~d
p.operty, a that hereafter may be imposed, suffered, placed, levied, a assessed thereon, or th~t here~iter may be lev+ed or ~sset~ed upon this Mort~
~ age, w 1he indebtedness secured hereby, each and every, when dve and payable, sccording to law, befw~ they become delinquent, and befor~ any int~r
erfaches or any penslty is incurred; ANO INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII BE PROMPTtY SATISf1E~ AND DISCMARGEO
~ R~CORO AND THE ORIGINAI OFFICIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIP7 OR THf SATISFACTION PMER OFHt1AllY ENDORSE
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in ths eve~t fhat ~ny fhereof is r~cq
~ ra.d. saCSfied and discharged ss:d N10RTGAGEE may at any time pay the same w any part thereof without waiving w afftctinp sny optaa, lien, eqvity
•,qht under or by virtue of this mortgage and the fu~l amount oF e~ch and every such payment shall be immediately due and payabk •nd shall beir interdt
~~cm ehe dafe the•eof vnt~l na:d r± rate of nine per centum per annvm and to*~ether with such interest shall be secured by fhe lien of th s morgtage.
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