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TNIS INOENTURE, INad~ th~ 25th day of Jul A.D. 19 75 betwNn
Georae C. Barley and Bobbie J. Barley~, h s w e
~
of ~t i_LCie Cp~nty Flor~da, F?K~inaftK daigo+~rd as th~ "MORTGAGOR;' and FIRST FEOERAL SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE. • cwpowtion orpsni:~d and ~xuti~p u~dsr tFN laws oi tFw United S~a~„ of M+~~ic~ and havinp iq principal pl~a of
businas M tM City of fo?t Pie~u, 5t. lucb Counry. Fiorida, I~KQ1MItH d~iipna~ed as t1t~~ tMpi~1QAGEf,"
WHEREAS th~ MORTGAGOR i~ jwtly indtbMd to tM MORTGAGEE in ths sum of = 3r6 • Q~ yoot! a~d It~r+lul ~mcnry of tM U~ited
State~ sdwnced by th~ MORTGAGEE unto the MORTGAGOR, a~ evi~~~ii{eJ~r a c~it{~ pro~iiasc~Y'note of even d+ts Mrewitl~, oi v~li,ch tM foqowi~p in
words and fiyures i~ • true copY, to-wit: •
x 26,000.00 - ~ - • ~ ~ 11000338
Pwt Piuu. Florid+. -+11~.1x•.2S . 19 •js
fo~ value received, 1, we a eithe~ of us, promise to pay, without dafaication, to tF~e order of fIRST FEOERAI SAVFNC~S AND L011N 4S,SOCIATION OF
FORT PIERCE at Fat Pierce, florida, the sum ot = 26 ~~0 with interesf lram date sf fl?s rate of 9• d!o pe?• ~mum, it? monthly inatall-
men~s as fol:ows: ~?34.00 20th d,y of September , 19 7S and a like sum o~ the ca~espa+d:~g day of exh morrih ti~ae-
aftar until the whole be fully patd. ;
Eath instal~menf tirst shall be applied in paymcnt of the interest and then on the unpaid balance of 1he principal wm. It dtfault is m~le ln th! ,
paymant of any instaltment when due, and such defauM continues-30 days, then at the optiw~ of the holder, and without any other nonice, a1f the ranaininq '
installme~q sh~il be due and payabk at once. Privileye is given ~o prepaY this ~+o1e in whote o~ in part at ~ny time without penalty. Neither fortbea~snce,
nor acceptance by the holder thereof after any defauit in any psyments he~eon, shall be deemed extc~sia+. A late payment tharge of s 11 ~ 7Oshall bs j
add~! to each installme~t ~emaining unpaid 7 days after iri due date, a~d a like sum shall be adde~ to each such installment remaining unpaid 7 d+ys after ~
each succeeding payment date.
Each maker, surety and endwser hereof, jointly ar~d xverally, •w+ives demand, presentment protest and notice of protest for ~onpaymenf, and funh~t
agrees to any eztension of time of payment, either beiore w after maturity, without notice to any of us; and to pay all costs of colledion, includ~np a
reasonable attwney i fee in thr ~vent of eny default hereu~de~, and hereby severalty waives all benefit of homestead and exemption under the co~stitution
and lawi of each State of the United States, as against this obligation or any extensan or renevraf hereof_
Witness the hand and seal of each party.
$,f Ge~rq~ C. Bar1eY ~
ts~?U
~W
39 00 - S/ Bobbie J. Barley ~
( • State Revenua
X90D6p~ :
NOW. THEREFORE, 1he MORTGAGOR fw the purpose oi secvring payment of ~aid sum of : 26 + 0~ , and the performance of the i~
covenantt and agrcements hereinafter expreued, and fo? divcrs good and valu~ble consideratans, by these presenri, does grsnt, b~ryain, sell, remix, 4
release, ce~vey and confirm unto the MORTGAGEE, its socceswrs and auigns, aIl rhat certain bt, piece ot pucel of lud, situate, lying, and being in ths ~
Covnty of St. L~eie . and State of Fiorida, describ~d ~s followa: • ~
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Lot 19 and the North 20 feet of Lot 20, Block 4, SILVER I~K& PARK ~
SUBDIVISION, as per plat thereof on file in Plat Book 10, page 4, ~
~
Public Records of St. Lucie County, Rlorida? '
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together with all snd singular the tenements, Aered',taments and appurtances thercunto belonging a in ~nywise sppertainin9 theteto, and sll renb, issws,
proceeds snd profits accruing and to accrue from said premises, all of which are included In the abw~ and forepoirg descripf'an and habe~dune.
TO HAVE AND TO HOLD the sbove deur~bed and gr~nted premises unto the said MOQTGAGEE, its waeuws and assiyro forwa. Md fh~ said
MORTGAGOR fw --~h~=--- heirs, executors, sdministratws ~nd aui9na, hereby covenantt with the s~id MORTGAGEE, its serocessors and qsipro,
~hat ~hey are fawfully se~zed of the said prem~ses in fee simple; thst th~ ssme ue fre~, ckw and dischsr~ed from sll 1'ier?s and ~nwnr
b?ances in law or iri equity, and tl~~t they W~~~ the ir ~~n shall wurant end d~fend the titk to the ams fo th~ s~id
MORiGAGEE, its succeuors and auigns, forever agsinst the lawful clsims and demands of all perwro; ~
PROViDED, AlWAYS that if the MORTGAGOR shstl psy unto the MORTGAGEE the promiswry note hereinbefore desc?ibed and ah+l) trvly, promptly
and fully perform, d~scharge, exetute, compkte, comply with snd abide by each and every the stipvlatio~s, ag~eement~, conditiotu snd ooven~nb of said ~
promissory note and of this Mongage, then this Mwtgsge and the Estate haeby created shall cease and be null and void.
' IT IS UNDERSTOOD thsf the word "Mortgagor" whether in the singular w pluraf anywhere in this Mwtyape, shsll b~ sinpvlu if w~e onlr and ~
shatl be plural jointly and teverally if more thsn one, and that the word "tl~eir' ss used anywhere in this Mwty~pe shall bs t~lcen to mean "hb," "hen;' ~
or "irs;' wherever the context so,implies or admits. Also, that wF~erevtr the~e ii a reference in the toven~nn ~nd apreemer?ts herein ca?tiu~ed fo ufy of
the parties hereto, the same shall be construed to mean si well as the heirs, legsl represeMativa, wccesson snd auiyrn (~ither voluntary by atf of fh~ .
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p~cties or involuntary by operation of the Isw) of tha same and that the tovenants herein cont~ined sh+ll bind and tFw benefifs ~nd adraritapp Inw~ ~
to the respective heirs, kgal representatives, succeuors and su°gns of the parties hcreto. ~
And said Mongsgors, for themsetves and their luirs, kyal representstives, succesaon and auiyns, hercby jointly aed severally tovensm and aprx ~~it ~
to and with the ssid MORTGAGEE, ib successon and assigns: ~
1. To pay atl and singular the principal and interett a~d tFx vsrious and sundry wms of ma~ey payable by virfw of s~id promiuay note, snd thb~~
mortgape, each a~ every, promptly on the dsys respectively the tame sewr~lly become due.
2. To pay all and ~irgular the tsxes, assessmenn, levies, liabiiities, obligstiorq u?d encumbrantd of tv~ry rwtw~ and kind now on s~id dat?ibed
poperty, w that hereafter msy be impo~ed, suffered. Placed, levied, a sssessed thereon, o? th~t hereafter may be levied w~s~ess~d ~pon tl~is Map-
s9e, a ths indebtedness secured F~ereby, each and every, whe~ due and psyable, ~ccording to law, befwe they bewm~ delinquent, and b~for~ a~ry Giterpt
attacF~es or any pena~ty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII EE PROMPTLY SATISf1ED AND DISCHARGEO OF
RECORD AND iHE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RKEIPT OR THE SATISFACTION pAPER OFFICIALIY ENDORSED
OR CERTIFIEDl SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE W11HIN TEN DAYS NEX1 AfTER PAYMENT; and i~l tI~O lVMt fFNI MY NIlflOF If flOt
paid, ut'sfied snd discharged sa:d MORTGAGEE may at any t~me psy ti+e wme w any pati thereof without waivinp w affectinp any option, lien, equity a ~
~~qht under w by virrue of sh~s mortyage a~?d the full amount of esch and every such payment shall be immediately due and pay~ble and shall besr interest
t~o~~ ~Fe ~ate ~^~~eo' ~nr~: r.a d a~ ~are of nine per ce~tum per annum and together with suth inte~esl thall be secured by the lien of rh s morgtage.
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