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THIS INDENTURE. Mad~ the 21gt day of ~UlY
, A.D. 19...15, b~tw~
Darwin G. Mulcahy and _Helen i.. Mulcat~y. his wife and
_ Warren B. Roler and S~rah J. Roler~ his ~,~,fe
of St . j'lIC i@ , Counfy ilw;d~, he~ainaftq desi~nated as ths "MORTGAGOR," and FIRST FEOERAI SAVINGS ANp IOAN
~+SSOCIATION OF fORT PIeRCE, a cwpora~ion wgani:ed and existing under fM I~vvs of tfw Unired Sutos of {?m~rka and havinp in principal pl~u of
b~s~n~s~ G? th~ C~ty of fon Piace, St. lvch Cow~ty, flo~ida, htreinafttr deti3~naied is th~ "MORTGAGEE."
NHER~AS sh~ MORTGAGOR ia justly indeb~~d to ths AtOQT A~s€E in tt+s s~m of ~ Qcwd ~r+d I~wful money of the Unittd
Sr~tas adr~ncad by tha MORTGAGEE u~ra tha MORTGAGOR, as ev~jqtey'~?y a tieriaw~ ptiin' ory note of even data herewitl~, of w6ith tF?+ foliowirg in
.,c'37 ~f~~re~ a true toAY. tawie: ~
s ~ • 10021487
Fwt Piercs. Ftwid~, JUly 21 19 7S
Fa vat„e received. 1, wa or eithr~ of va, prom~se to pay, w+thout dtfalcat~on, to ~F.s ordr. oi FIRSf FECERAL SAVINGS AND lOA?~ ASSOCIATION OF ~
37 200 00 pe~ annum. in month~y instal6 ~
F~2T PIE2CE ~t fo-t P7rrce, Florida, th: sum of j~_L • . wi~'~ interest (rorr. dote at t}w ra!a of 8•7~
- e,rs i,:~o.,:: s_ 306 . 0~ ~~,a 20th dey of ~~4~~X_ 19. and a tike sum on ~ha corresponding dey of each month tMrr
1~~rer vntif t~e wSo'e 6e fully p.id.
'zach :~:;•,:~,r.ene fine shsi! b_ i,p':~l in Fe~ment a` i:.~r•rsr a:.:i ~l:~n .,n thr u~;,~:~f La'ancr of t::a princpa: sum. li defau:t is mad~ tn ths
; a;~nant oi any :::s~alimenr wnan d~a, a:id svch d_faulr cont:nves 30 deys, tS~en ai rhs op:~on af tha F.o'der, a~d wi!hout any othar no+Ke, all the remainir+g
~:~;r~iimeo•s aha?: i~ due ar.d pay~b:e ar orxe. Pr:viieg~ is gl.en la prapay this note i~ v~ho=e pr in part al any t:me withoW pr~a:ty. Neiths~ foreb~uants,
nor acceprance 6y the holdtr thrreof aftrr any default in a~iy ~~ay-+ents herao~, sfi~ll be daerned exteniwn_ A?ste payment chsrge of S--~a~Q ihall b~ ~
e'~~d to eacA ~~.st~llmtnt remain~ng unpa;d 7 dnys after its dua dsr., and a li4e sum shalt tx add~d ro each su;.h installmant remain'ag unpaid 7 days ahK
e~ch succeed~ng pa~ment data. , ~
Each maker, surety and endu.se~ herec~f, j Nntly ~ux! severally, wa~ves drmand, presentmtnt protest and notite of protesl for nonpaymtnt, ~nd fv?thK
a?rers ta any eatension of t~me of psymtnl, eisnr~ bsfore or aE1er ma:u-ity, wir: our nolice to any of us; and ro pay a!1 tosls of colistfion, intludin9 a
reasonnbie ateorn~y's fea in thr evrne oF any defautt hereundrr, ar.d hereby s_weraUy ws;ves aS! brnefit of honestead and examption undtr tM eonstitufion
a~~d laws of ejth State of 1he Un~ted S~ate~, as aga~nst this obGga?~c~ or a~y r~tansion w renewal hereof.
WiMeu the F.and and sral of ea~h party.
s~ Darwin G. Mulcahy ~y ~
s/ Helen L. Mulcahy ~y
s/ Warren B. Roler ~U ~
s Sarah J. Roler ~
~ $ 55 . 80 ) s:ar~ aa~enue _ ~
(5?en.ps <~+asit~d-on-osiyiwa~ wM~
NO Y, THEREFORF, the MORTGAGOQ fo? tM purpose of sea,r:ng payment of sa~d sun+ of S 37s 20~•~ , snd th~ p~+(we+anc~ of th~ ~
co•~-nams and agreem~nta haei~afrer e~cp~essed, and fw d~vers good snd vafuabl~ cons~deraKona, by thess presenri, does ~nnt baryain„ s~ll, ?e~nis~,
ra~~ase, convey a~d confirm unto the MORTGAGEE, its successors ar.d assig~s, a!I that cert~in lot, piec~ or paresl of lai+d, situatR, lying, u~d bein~ in th~ ~
i County of ~ St . LuCie and S?ats of Florida, ~+escrib~d as follows:
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Condominium Parcel No. 1024 of CORAL I, A CONDOMINIUM according to the Declaration
of Condominium thereof, recorded in Official Record Book 241, at page 500 of the
~uhlic Records of St. Lucie County, Florida.
SURJECT to terms and conditions of said Declaration of Condominium, the Articles of
Incorporation, By-Laws, and Declaration of Covenants and Restrictions of Ocean
~~illage Property Ovrners' Association, Inc., with which terms and conditions the
mortgagor covenants to comply and perform.
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~ ST'AT'~ ~ FLOF?IQ.G, ~ ~
LL ~O!'UMEt~1tt,RY,~:-:°-~. STAMP T~. 0.~
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~r :?EPi. Gi REVENUE - ~ ~
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Q _ _ ._r~rc~ y~:~~ 55.~0~~ ~~~'o~~'"
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~ '~;~'~:er w:rh si! and si~.gu}ar the tenem•nts, hered~taments and appurtarsces Ihereunto belonging w in snywis~ sppertsining therefo, and ~ll renb, haw~„
f ::•ocezds ard prof:rs accruirg and to accrve from said prrmises, all of which are included in the abov~ srtd fweyoirg dewiption snd habendwn.
TO HAVE ANO TO HOLD the a5ov~ desci,bed and g:antad prem~ses unto the said MORTGAGEE, its successo?s and assigns forever. And ih~ s~id
~ their
~Riv4G02 for he~rs, e~ecuto~s, admin]strators and ass+gns, hereby covenants with the said MORTGAGEE, its wccsso?s and ~ssipns,
~~.3r - Y------- laW.u.i se~zed of the said .
! the are r~ y prem~ses in fae simp'e; that ths sama aro f~ee, dear and dixhsrged irom sll licns sod encunr .
! ~-.~n,es in lavv or in equiy, and thar they W~» a~ their heirs shsll warnnt and defe~d tha tiNt to th~ sam~ to th~ ssid
~,~~arGaG~E. ~'s s~,cc^swrs and e3s~3r.s, Fwever agairot the lawful claims and drmands of all perwm;
PRO`IID:D, kIUTAYS that if the htORTvAGOR sha~i pay un!o the MORTGAGEE tht promiafory note hneinbefore de~cn'bed snd shall fruly, prompN~r
;-a ~u:1y perfrn, dacharga, ex_cur~, complese, comply with a.~d ab~de by each and every the stipulatiau, ayreements, conditions snd cov~nanb of said
o~,13wry rto•e and of thFS lAcrtgage, then tF.is /Awtgage and tfia Esrate hereby created fhall ceau end be null a~d void.
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, IT IS U?vDERSTOpD thaf tha word "M~rtgagw" whethrr in thr singvlar w plural anywFisre in fhis hbrtgagt, sh~ll bt sinQular if one only and
>~;II ~.e p•.ura~ ~o~ntiy and severa?t~ if mote than one, and that t?,e wad "the~r" as uxd anywhere in this l4Rortgage ihall b~ taken to mesn "his," "hen,"
~"rts,"- v herrv~e~ tne context so i.ap'~es or adm~ts. Also, that wFr_rever there is a reFerence in the covenants snd sgreem~nls Merein contained to any of
~e part~es F.ere:o, the same shalt bs construrd to mean as welt as the heirs, legal rep~esentatives, successon and sssigns (either volvntary by acf of the ~
:~~r:es or iR+a!un;ary by operata~ of the Iaw) of the ssme z~d that ~he covenants herein contained shall bind and the be~efits and adrantag~s inur~ }
rF.e res,xct~ve hehs, (egal repres~nta:~ves, successors and asrgns of Ihe part~es hereto. ~
And sa~d /~ortqagors, !w th«nsrlvrs and their heirs, legal repreuntative~, successors ar+d assgns, hereby jointly and severally covensnf and ayr~e
f~ and with tnr sa~~ l~10RTGAGEE, its successors and assigns:
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1. To pa~ all and singvlar the p~ir.cipal and interesl and fhe variovs and sundry sums of mpney payable by virtue of said promisfwy note, snd fhis
r- ~•t3a3e, each ar+d ev!ry, promatiy on tFr_ days resptctively th! ssme severally become dve. ~
2. To pay a:l u+d s~ngulu th_ taxes, assessmenrs, levies, lisb~lir~es, obligations and encumbrsnces of every nature and ki~d now on ssid dextib~d
rrope~ty, or thar he.eaftsr may be ~mposed, suffered, plsced, levicd, or assessed threon, a thst hereahe? may be levied or asse~~ed upon this Mwt¢ ti.~L
t;A, a the indeb•edn_ss secured hrreby, esch and every, when due ~nd pa/sble, according to law, befwe they becom~ delirputnf, xd before ~ny intNest ~0 ~
~+•.~ties or r~y p._na!ry is ineur.eK1; AND IYSOFAR AS ~.NY THERcO= IS GF RECORD iHE SAME SHAII BE PROMPTLY $ATlSfIEO AYO DISCHARGED Of q
, A30 AND THE OD.tGIt~AI OFFIClAI OOCUVIENi (SUCH AS, fOR ItvSTANC=_, THE TAX RECEIPT OR THE SATISFACTION P/1PER OffICIAIIY ENOORSED ~m ~
C,z C:?:IF:.~}; SNAIi BE PLkCfD IN iHE HAYDS OF SAID AtORTGAGeE YtISH:V TEN UAYS NcXi AFTER PAYME'VT; and in the event that any lhereof is not
. •+•~ti:.•~ r!:stn ~•~.d s~ f17.TVA m3Y Y,~~y tim~ r: av . s+^:e o' 3ny DJ~t t!+~r.pf vrithovt wiivin7 or affectinp any oPt'On, lien, rqvify 0I
' , ' ' . ~ , - . - . 7 y9 ar.? th.r f..;:~ .n;;•,r' oE . ~'y toc~ pa~m.r~! :n~lf ~je .:^rrte~iir-ry da~ er.d payable 3nd s~,~;~ be3r in*.rest
~ • • ^ o~ n ne prr certv^.+ ~,er annu~+ and •.ge!ner w:th wch interest shall ce secored by the lien of th s.^e~
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