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iHIS INDENTURE, Nt~d~ ~h~ 18th d~y of `~ulY , A.D. 1975~ ~b~twNn ~
Richard R. Raia and Betty A. Raia, his pffe ~
of $t . Lucie Cq~~y Fiwida, her~in~fter dtsignated as tM "MORTGAGOR;' a~d FIRST FEDERAI SAVINGS ANO IOAN
nSSOC1AT10N OF FORt PIERCE. • oaporat~on o~pan~sed and axistinp ur~dM tM t~w~ of tM Un~ted Suna of l~n»rka ~nd havlnp Ifs princtpai plac~ of
bus+n~ss in tFr City of Fort Piuce, St. Lucii Covnty, Fiorida, her~inaftN daipnal~d as ~FM "MORTGAGEE."
WHEREAS tM NIORTGAGOR ia jvally indebted ro tM MORTGAGEE in the sum of s 26 • , good ~nd lawlul rrar+ey of the United
Srates advanced by the .NORTGAGEE unto the MORTGAGOR, u evidenced by • csrta~n promiuory note of even dat~ hsrewith, of which tM foilowiny in
words and fiyv~e~ is a trw copY, towit:
t 26~,000.00 No 13000097
~ P;~,p. Ju1v 18 19 7s
fo~ valve received, 1, we or eitl?er of us, prom;se to psy, without def~lcation, to the order of fIRST fEDERAI SAVINGS AND LOAN .1SSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of = 26~0~•~ wlth interest from date at rhe rat~ of8•7~ per ~nrwm, in monthly irutall-
~~•e~.is as foNows: i 214 on the 2Oth day of ~tober ~975 and a like ~um on the cwrespondioq day of euh month thetr
a~rer until the whole be fully pald.
Each installrt+ent fint shsll be applied in payment of the imerest snd then o~ the u~paid balance of the princ~pal sum. ff defa~lt ~ m~ ln the
~,a~~nznt of any installment when due, and such defa~lt continues 30 days, then at the opta~ of the helder, and without iny other notice, sll the remaining
~nstaitmenrs shall be d~e and payable at once. Privilege i~ given fo prepay this note in whole ot in parl at any tirt+e without pe~?.If~, Ntithet forebearante,
10 7~ ;
nor acceptance by the holder thereof af~er any default i~ any paymen~s hereon, shall be deemed ~xtension. A lafe payment ch~rye of S • sMll be
:dded to each i~statiment remai~ing unpaid 7 days after ifs dw date,. and s like sum shall be sdded to each wch installment rem+ining unp~id 7 days after
each succeedi~g payment date. ~
Each maker, surey and endorur hereof, joimly and severally, waives demand, presentment protest and notice of protest fo~ nonpaymenl, and further {
agrees to sny extemion of time of payment, e~ther before w atter maturity, withou~ notice to any of us; and to pay all cosfa of collection, includlnp s i
reasonable attorney's fee in the event of any deFault hereunder, and hereby severally waives all 6enefit of homestead and eaemption under the catitifution j}
a;,d laws of each State of the United States, as against this obligation w any exte~sion w renew~l hereof. 1
Witncss the hand and seal of each party. ~
s/Richard R. Raia ~
(s~?U
. s Bettv A. Raia ~
; _ $ 39 • ~ ) State Revenue ~u
i~a~h~i tfnaile~arailgk~alTVre~
26 000 00
NOW, THEREFORE, the MORTGAGOR fw the purpose ot securirg payment of said sum of = ~ • . snd the performance of ths
covenants ~~d agreemenri hereinaftn expres~ed, ared tor diven good and valwble considtratiaq, by fhese presents, does y~ant, bsr~sin, xll, remise,
release, convey and conlirm unto the MORiGAGEE, its successori and sisigns, all that certain lof, piete or pucel of I~nd, situate, lying, and being in 1FN
County of St .~.L1Cle and State of Fbrid~, destribed q follows: '
Lot 9, Block 151, PORT ST. LUCIE, SECTION 4, as recorded in Plat Book
iZ, Page/y , of the public records of St. Lucie County, Florida
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~ r; ether with all and si ular the terSeme~ts, hereditsments and a
E y ng ppu?tances thereunto belagirg a M anywae apperts'u~irg thaeto. ~nd ~II r~nt~, iuves,
~ c~oceeds and profin xvuing and to acvue from ssid premisei, all of whid~ a~e included in tlK abov~ u~d forepoieg desuipfion and Mbandwn.
~ TO HAVE ANDhQ1HrOlD the above descrilxd and granted prcmise~ umo the said MOQTGACaEE, ib svaessors and assipro fwewr. Md th~ s~1d
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r :10RTGAGOR for heirs, exccutors, ~dminqtratws and auigra, htreby covens~ri wifh the said MORTGAGEE, itt wotesson and qsiym,
~ ,na, _they are ~ ~,Ws~~~ x~:~d of ~r~ ~~d
i Y premises in fee simple; that the samt ar~ frae, cfear ~nd disch~rged fram all Ikru ~nd ~ntuef~
; ~-ances in law w in equ~ty, ~nd that they w~~~ e~ their he~n sh~ll w~rrant ~nd defend tM titl~ to the ~amt to tl~ stid
! 'r,ORTGAGEE, its succeuors and assi9ns, fwever againsf the lawful ctaims and demands of all pertorqJ ~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omiswry note hertinbefon destribed and shall truly, promptly
a~d fully perform, dixharge, execute, compkte, comply with and abide by esch and every ihe sY~pulatians, spreemeny, to~ditions snd toven~nh of said
:~e~.,issory note and of this Mor~gage, tfieo this Mortgage and the Estate hereby veated shsll cease and be nvll and void. ~
IT IS UNDERSTOOD thst the wwd "Mortgagor" whether in the ~ingular w plural ~r~ywFw,w in this Mwtpapt, ~hall be sirgula? if on~ only and
Sha11 be plural jointiy ~nd ~ever~lly if mwe than one, and that fhe word "the~r" si used aoywh.r~ in this Matgspe shall be taken ro rn~an "his," "Mn;'
cr "its;' wherever the context w impties or sdmits. Atw, rl+sr wherever there a a?eference in she covenann +nd preem.nn l+erein oonfi„+sd ro.ny of
rne parties hereto, the tame shsll be construed to mean as well ss tF~e hein, legal rspresentatives, succestors and assi~ra (either vol~ntary by acf of the +
' ~arries w involumary by qxra?ion of the law) of the same ~~d that the tovenaMS here+n contained sh~ll bind ~nd th~ b~nefiri and ~dvantpM inur~
i ro the respective heirs, kgal representatives, successors snd su~9ns of the panies hereto. "
` And said Mwtgagors. fo~ themselres and their hein, legal representativa, succestors and assiyro, hereby jointly and swa+lly covenant u~d apr~e
' +o and with the said MORTGAGEE, its wccessas and auigru:
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E 1. To p+y •II and sirgular thc principal and interest snd the vsrio~s snd sundry wms of maxy payable by virtue of said promii~ory not~, and tt~is ~
c mortgsge, each snd every, prompNy on the days rospectively the same teverally becane due.
` 2. To pay ~II ~nd ~ingulu the ta:es. ~sse:smenn, levies, liabilities, oblip~tian s~d encumbrances of ~rery n~tur~ u~d kind now en s~id deacrib~d
; property, w that hereafter may be imposed, suffered, plxed, levied, or ~uessed the~eon, or thst hereafter may b~ Iwi~d p~ss~ysed ~pp~ tMs Mort~. ~
E age, a the i~debtedness secured F~ereby, each and every, wF~e~ due and payabk, ~cwrdiny to Isw, befw~ thqy become delinqwnt, and befon a~y iMSt~st
arrac:+es or any penalty is incurred; ANO INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHALL SE PROMPTLY SATISfIED ANO DISCHARGED OF ~
; RECORD AND THE ORtGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISPACTION PAPER OFFICIALtY ENOORSE~ ~
CR CERTIFIED) SHAtI BE PlACEO iN THE HANDS OF SAID MORiGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the event thst ~ny ths~eof is no1 ~
aa~d, sat'sfied snd discharged ss:d MORTGAGEE may at any time pay the s~me a a~y part thereof wirhout w~iring w sffectiny a~r option, lien, eqvify w
~~~hr :,nder or by v~rrue of this mortgage and the full amount of esch snd every such payment shall be immediately dus and payabk •nd shall be~r i~terest
~~o~~ da~e +h~•~ef v~r~l :,a'd a} rate of nine per ctntum per an~um and toyether with such inte~est shall be secwed by the lien of rh s margt~ye.
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