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THiS INDENTURE, Mad~ the 14th day of `July A.D. 19
75~ betw~en
Don Hooven, Jr. an M ldr P. Hoover~~ h s~? e
of $t •~l1Cie County fiaids, heroln~fter dei~yna~ed ai ttu "MORTGAGOR," ~nd~ itR9~ fE~~RAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, ~ torpaat~on wpanised ~nd exis~in~ u~xiK the laws ot the Unit S+ iIa~ of Amsric~ and haviny iri p~intipal p~ac~ of
busir»ts in the City o/ Fwt Pierc~, S~. lucis County, Florkls, herotnah~r designared as ~he "MORt~fb`~
WHEREAS IM MORTGAGOR is ju~Hy indebtcd to tht MORTGAGEE in the aum oi S_ 14 ~~0 ~ good ~nd law{ui money of the Un~ted
Sretas sdvanced by ths MORiGAGEE unto the MORTGAGOR, as evidrnced by a cerra.n promissory nole of even ds~e hsrwvitb, of which ths tollowin~ in
words arx! fiyuros is a true copy, towit: ,
s ia~000•~0 ~ 13000090
fwt Pi~res, Florida, `July 14 19 75
Fa value received, t, vYe a eithtr of va. prom~su to pay, wi~hout defalcatian, to the c+rder oi iIkST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Flo~ida, the swn of S_14~~0•O0 w,iw, +:vrrest irom date at tAe rate of 9•~p per annum, in monthly insfall-
•~~e.~es ea fal:ows: s_13Ss~ on tho 20th day of Au~_t l975 and a f~ke aum oo the cwrespond~n~ day ot each mo++th therr
e~~er um1l ~he whols be futly paid.
Each installment (irst shall be applied in payment of tha interest and the~ on the unpaid balance of the prinupal tum. If default Is made in the
p~;ment of any installmenl when due, a~d w;h default cont~nues 30 days, then at the opt;on of the holder, a~d without any othe? notice, sll the remslnirg
~>>stallments shall be due and payab~e at once. Frivilege is givan to prepay th~s nole io whole o~ in part at any time withoui penalty. NeitMr fueb~a~ance,
nor acceptance by the hotder thereof after any dafautt in any payments hereon, shall be deemed extensior.. A late paymeM charge of ~6~T~_, thall bt -
~dlyd !o each ~n~talimem remaining unpa~d 7 days after :ts due dare, and a Gke a~m shall Le added lo each such installment remaining unpaid 7 days afte~
each succeeding pa~ment do!e.
Each maker, surety and andorser hereof, jointly and severally, wa;ves demand, preseniment prote:t and notice of protest fw nonpaYment, ~nd ~u~ther
agrees to any exte~s~on of i~~ie ot paymcnt, elrher t~~fore a atfar cna~uGty, wi~F~ovt notke ro any of us; and to pay all costs of collection, includiny a
~,~esonabtr attorncy's fee the evenr o' a~~y defautr hereunder, and hereby se.eraliy waives all benefit of homestead and exemption under the constitution
a~:d lavrs oi each State of the Ur.~!ed $tates, as aya~nst this obligation er any ex!<nsion or renewal hereof,
Wifness tF~e hand and xal of each parry.
s/ n Hoo n, Jr. ~
csEaq
s i re P. Hooven ~y
l_ $21•0O ) State Revenue ~u
(~AT~~fR!'IIl~' AT411g TR~ TCR~
NOW, THEREFORE, the A~tORTGAGOR for fhe purpoie of securing payment ai ~a~d sum of S 14 s~~ , and the per(ormsnce of the
covenants and agreemenrs he~eine(tes exp.essed, and for divers good ar.d valuabte cons~derations, by fheie presents, does grant, baryain, tell, rem7se,
~elease, convey and onfirm unto,the MORTGAGEE, its svccessors ar.d assigns, ali that ter~ain bt, piece p pertel of land, situate, (ying, and being in tFw
County of ~t . Lueie snd State of Fbrida, deuribed ~s iollows:
- ~;~a ' l S - ~'~j~
Lots 15 and 16 and the West 1/2 of Lot 17, Block 72, BIL.TMORE PARK
SUBDNISION, AS RBCORDED in Plat Book 4, Page 52, of the public records -
of St . Lucie County, Florida ~ y~ ~ - ~o a ' - ~+G/~
oF Ft.._ORitJ~~.l
STATE
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rogether with a4! and singular the tenements, heredi~aments and appurtances thereunto belonging or in anywise sppertainirg therero, and all rMb, iuues,
procecds and profits xcru~ng arsd to accrue-lrom said premises, all of which are included in ~he above and foregoing description ~nd h~bendum.
TO HAVE AND TO HOID ~he above described and granted premises unto the said MORTGAGEE, ib sutceison ~nd aui9ns fotevN. And fh~ ~aid
t~l@1 Z
'+~.ORTGAGOR for he~rs, executors, administrators and assigns, hereby covenants with 1Me s~id MORTGAGEE, ib suctessors ~nd ~ssipro,
tnat y :awfull se~zed Of Ihe uid
the dI@ Y prem;us in fee sirqple; that the same sre free, cksr snd diuh~r9ed fran sll lian ~nd ~ncum~
~ brances in law o~ in equity, and that they_ W~~~ a~ their ~~~s shal) wsrr+nt and defend the titls to the s~me fo the satd
~ MORTGAGEE, its succeuors and auigrts, fo~ever against the lawful claima and demands of sll perwns;
~ PR~VIDED, AIWAYS thaf if ~he MORTGAGOR shall pay unto the MJRTGAGEE the promiuory note hereinbefore destribed and shs0 hvly, promptly
end fully p~r4orm, d~scharge, eaetute, comptete, comply with and abide by each and every tF~e stipulatwnt, ~greements, tondiiiora •nd cwenann of sad
~ ~~om~ssuy note a~d of this Mortgage, then this Mortgage and ~he Estale hereby created shall ce~se and be nvll •nd void.
' IT IS UNDERSTOOD thst the word "Mort or" whether in the s~
~ 9ag ngular w plural anywher~ in this Mwtysye, shall be singulu if on~ only ~nd
shatl be ptural jointly and severaily if more than one, ~nd tF.at the wad "fheii' is uted anyvrhere in this Mwtgsye sh~ll b~taken to mtan "his;"'he~a;'
or "its," wherever the context w imp?ies w admits. Also, that wherever there is s teference in the covenints and agretmenb herein contaimd fo u~y of
~ the parties hereto, the same shall be construed to mean as well as the heirs, Iega~ ?eprestntativd, sutceuors and assigns (eitF~ voluMary by atf of fhe
part~es or invo!untary by operatio~ of the law) of tFe same and that the covenants herei~ contained sMll bind and the benefiri ~nd adv~ntapp inun
+o the respecrive heirs, :egst represe~tatives, successors arx) au'gns of the parties hereto.
And said Mortgagors, fw themulves and thei~ heirs, legal representatives, successon arsd auigru, hereby joimly and severally tovenaM and ~pne ~
~ eo and with the said MORTGAGEE, Gts successors and ~ssigns:
1. To pay all and si~uln the principal and interest and the variovs and sur~dry i~ms of money payable by virtw of said promiisory nof~. ~nd this ~
mortgage, each and every, promptly on the days respectivety the same uverally become due.
~ 2. To pay •II ~nd singutar the tsxes, assessmenb, levies, liabilities, obtigatiwa and sncumbrsnces of every n~tw~ u~d kind now on said datrib~d
~ property, a that hereafter may be imposed, wffered, plsced, kvied, a asusud the~eon. a thH heresftt~ may b~ levied or ~ueasad upon this Mort¢
age, w the indebtedness set~red hercby, eath snd avery, wF+en due a~?d paysble, ~ccording to I~w, befwe they betonN delinque~t, and btfore any int~tpt ~
~ atrachef or aoy penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAtI 8E PROMPTLY SATISf1E~ ANO DISCHARGEp OF y-7`
RECORD AMD THE ORIG1hAl OFFICIAL DOCUMENT (SUCH A5, FOR tNSTANCE, THE TAX RECEIPT OR THE SAi{SFACTION PAPER OFFIGAIIY EHDORSEO
~ OR CERiIFIEOy SMALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst ~ny thereof a ~wl
paid, ut'~fied and dixharged sa;d MORTGArfE may a~ any time pay the same or any part th.~eof without waiviny w affectinp any option, lien, p~ity p
z •~~hr under or by virrve of thi: mortgage and the futl amount of eath and eve?y such payment sF~all be immediately due snd paysble ~nd shall bear inferqr
~=c~ ~h~ da+. ~~ereo~ ~;.,r~' ~.e d ar rate of ni~e per cent~m per an~um and together w+th s~ch inte?est sMll be secured by the lien o~ th'~ morgtage
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