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THIS INDENTURE. M~de th~ 18 t h day of ,u 1 y A.D. 19
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5.. betvwe~ ~
Robert L. Frady and Margaret C. Frady, his arife
of - St. Lucie , ~ Cp~N F~a~~ h~rNn~itN designated ~s the "MORTGAGpR;' and FIRST iE~ERAI SAVINGS AND LOAN - t
ASSOCIATION Of FORT PIfRCE. • corpaation wganized ~nd exittiny unda ~hs laws of tM UniMd Staas of Americ~ ~~d h~vlrq iri principa) plap of j
bwin~ss in tM Ciry of FoR Pi~rc~, St. luci~ Counry. Florida, hersinaflK dKpnaled ss eh~ "MORTGACsEE." ~
WHEREAS th~ MORTGAGOR is jwtly indebtad ro ti~s MORTGAGEE in the sum of 5 39 , good and lawful money of the United ~
Sbt~t advar~ced by the MORTGAGEE unto tho MORTGAGOR, as evide~ced by a certain p~omiuory note of eve~ date herewith, of which 1M followinp In
+vads and f' ures is s trw copy, to-wit: '
= 39,0~0.00 r,~,11000336
Fo?t Pierc~. Flaid+. .JUlY 18 ~q75
Fa va~ve received, 1, we w either of us, prom~se to pay, witho~t deFalcat~on, to the order oF FIRST FEOERAL SAVINGS ANO LOAN A550CIATION OF
fORT PIERCE at Fat P~erce, fbrida, ~he sum of ~.39_z000.00 ,~,;th i~!ereit (rom date at the rate of8~is 96 pe~ annum, in monthly Instalt-
nxnt~ ss follows: s315 • ~0, on the20th day of AugUS t 19_ 75 and a like :um on the correspondirg day of e+ch month lhere-
afte~ until the whole be fully paid.
Each i~stallment first ihall bs apptied in payment of the iMerrst and ~hen on !he unpaid bafsnce of the p~inc~pal su~n. If default is ms~e in the
paymeat of a~y instaliment when due, and aucfi default continues 30 days, thcn at tFx optiw: of the holder, and without any other notice, all the remsie+irg
~nsullmcnts shsll Le due and payable at oncc Privilege is given to prepay this note in whole w in part a~ any fima without.penaity. N~ither for~bea~ance,
nor ecceplance by the holder tFxreof afte~ any default in any payments hereon, shall be deerncd extension. A late payment tharge of s15.75 shall be
added to each installment remaining unpa'd 7 days after iri due date, and a I~ke s~m shall be added to tach such inslallment remaining unpaid 7 days ~fter
each succceding paymrnt data
.
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Each maker, su~ety a~d endorse. hereoi, joinfly and sevc?ally, waives dema~d, pr entrt~ft prof~at~arld f~bliq'pf proteat fw nonpaymmt, and furtl~
agrees to any extension of t~~ne oi paymen~, e~ther before a after maturity, withaut not~ce to any of us; and to pay all costs of collection, intl~di~p ~
~eaionab~r attorney"s fee in the evrn~ of any default hereunder, a~5d hereby severally waives all benefit of hometlead and exemption under ihe comtitufiai
and laws of each Staie oi the Umted Sta~es, as against this obligatio~ or any extensio~ or ~enewal hereof.
Witnesi the hand and seal of each party.
" S/ Robert' L. Frady ~y
~u .
S Margaret C. Frady ~y
~ 5O $tate Revenue ~u
~Sa~ns~~a~cac~
NO~IV, THEREFORE, the MORTGAGOR fw the purpose of securiny payment of said sum of S 39 ~~0 and the pe?famance of fhe
covenanb snd agreemcn~s hereina(ter expressed, s~d for divers good and valuable consider~tions, by these presenb, does g~~nt, bargain, iell, remiie,
release, convey and €onfirm untp I~+e MORT:,AGEE, its succeuors and asaig~s, all tFw~ ce~tain 101, piece or parcel of land, situafe, lyinp, and beirg ln 1!a
County of Jt. LUCI@ snd State of Flwida, dewibed as fdlows: •
o?c~p/- (v o.S- Do7~- ~~C~D~3
Lot 5, Block 4, THUMB FOINT, a subdivision as per Plat thereof on file in
Plat Book 10, Page 79, Public Records of St. Lucie County, Florida.
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M~E °FTFLJRIDAI ~`~~o~l~~.~'~
o Q, ENfiARY~:. ,~STi;A11P TAX i ~ ~ ~
I OEP7. OF REYENUE
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rogether with a!1 and singular the tenements, hereditaments and appurtances thereunlo belonging q in anywise ~pperfsinkg thereto, and all renb, iswes,
proceeds and profits accruirg and to accrue from. said premises, all of which are i~cluded in the above ~nd fore9dn~ description and hsbendum.
TO HAVE AN~hO iQjO the above described and granted premises unto the said MORTGAGEE, its wccessors snd ~ssiyns forever. Md tFN wid
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MORTG R for he~rs, eaecuton, administratois and .ssgra, hereby cove+ianb with the said_ MORTGAGEE, in wcc~ssors and s~sipro,
`~'iey are
~hat lawfully seized of the said premises in fee iunple; that the same s?e fras, cksr ~nd discharped from ~II Ikm and encum-
brances in law a in equ~ty, and that they w~~~ s~ their ~;~s sMll wsr~ant snd defend tM title to tM s~m~ to tM taid
MORTGAGEE, its succeuors and au~gns, f«ever against the lawful ciaims and demands of all persaa; .
PROVID~D, ALWAYS thst if ~he MORTGAGOR shall pay umo the N10RTGAGEE the promissory note hereinbefqe described arwl ihall fruly, promptly
and fully perform, d~~charge, execute, complete, comply with and abide by each and every the stipulatioru, agresax~ts, conditioro and oove~ants of said ~
promKSO?y note and of this Mortgage, then this Mortgsge and the Estate hereby veated shall tease and be nvll and void. ~
IT IS UNDERSTOOD that the word °Mortgs~" whether in the singula~ or plural anywhere in this Mortg~e, sFull be sinpulu if one only u~d t
shall be plural jointly and sevently if mwe than one, and that the wwd "their" ss vsed snywhere in this Allwtyeye shall bs take~ to mesn •'his,•• •'hets;• t.,r !
or "its;' wherever the context so implies w admits. Alw, that wherever there ii s reference in the cove~anfa snd agreemenft herein tOntsined to any Of v
the parties Fureto, the same ihall be construed ra mean as well as the hein, legal representatives, uxceuas and auipns (eitlxr voluntary by ~cf of th~ ~
psrties w involuntary by operation ot the law) of the same and that the covenants Merein contained shall bind and fhe binefiri aed adv~ntap~s inw~
to the respective he~n, legal represen:atGves, successon snd asrgns of the parties hereto. ~
And said 1Nongagors, fw themulves and their hein, tegal representatives, succeuws ~nd ~uigro, hereby jointly and sevaally covenant and apr~e ~
to and with the said MORTGAGEE, its svccesson and assigns: ~
1. To pay al! aod singular tix principal and interest ~nd the various and sundrx sums of money pay~ble by virtue of said promissory not~, u~d this p
mwtgaye, each and every, p.omptly on the dsy: respect~vely the same severally become due. O~p
2. To psy all snd singvlar the taxes, assessments, levies, liabilities, obligatiau ~nd encumbnnces of every rMture and kind naw on aaid dawib~d
property, w that hereaher may be imposed, wHered, placed, kvied, w ~ssessed thereon, w that hereaffe~ m~y be leviad or saased upon this Morty- t
sye, a thz indebtcdness secured hereby, each and every, when dve ~r+d payable. ~ccordinp to law, befwe lhey become delinquent, and b.for• aoy inm.s~ ;
attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII 8E PROAl1PTLY SATISFIED AND DISCHARGEO OF
RECORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTAh'CE, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAItY ENOORSED
OR CERTIFIE~ SHALL BE PLACED tN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NfXT AfTER PAYMENT; ~nd in the evenl that ~ny fhereof is not
pa~d, saYsfied and dixlisrged sa:d MORTGAGEE may at any time pay the same or sny part thereof wirhout wsiving or sffecting any option, Iien, equity p ~
•+aht under or by v~rrue of rh~s mortgage a~d thr full amount of esch and every such payment shsll be immediate!y due and payable and shall besr intere~t `
'-o--~ ~ d~+e r, d a~ rete of n~ne per centurrc per annum and together wfth s~ch intereft shall be secvred by /he lien of rh's morqtage.
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