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THIS INDENTURE, Mad~ th~ 25th ~y of .july _ w,p~ ~q~_, b~tw~e+ -
a r es . o n an a r c a . o n~ s a e ~
of $t . 1'uC e Cow~ty Ftorida, hK~in~flK d~signatsd ~s tM "MORTGAGOR," ~nd RST fEDERAI SAVINGS AND IOAN ~
ASSOCIATFON OF FORT PIERCE, a cwpor~e~on orpani:ed u+d ~xi~~iop wd~• Ih~ laws oi ~h~ United S~+t~s of M»rk~ and h~vi~+p ib p~incip~l pl~n of
busi~wss in th~ CIt~ oi Fwt Pi~c~. St. luci~ County. Ftorida, h~r~inait~t desipaat~d as tl» "MORTGAGfE." i
WHERE/1S tM MORTGAGOR is juitly i~dsbted b tM MORTGAGEE in th~ sum of i 31~ 5~•~ yucd and lawfui ma»y of 1M Unit~d i
Statts adwnced by ths VIORiGAGEE unto the MORTGAGOR, ~s widencad by a uruin promiuory note of ~ven date henwitly of which tM tollowin~ in }
ti
wad~ and iiyuret is a true copY. fo-wit: .
= 31, 500.00 ~~0 13000102 _ t
Fo?1 Pierc~. flwids. •Jlllj/ 25 19 75 ~
For value received, 1, we o~ eith~~ of us, promcse to p+y, without d~falution, to ~he orde~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of ~
fORT PIERCE at iw1 Pierca, F~orida, tha sum of S 31L~~!~ with i~iereat from dste at fhe raf~ of 8~7~ per u+nwr4 in monthly install-
2~.QQ ZQt}1 November_. 197$ ~ like wm on tM corres ~ day of exh month therr ~
ments as fottows: S a+ fhc d~y of P°^d
ai?er until the whole be fvlly paid.
Each irotallment iirst shall be applied in paymeM of the iroerest and then on tM unpaid bsl~nce of the p~incipal ium. If defauh a mads in the
pay~nenf of any instatlment when due, and :uch default cont~nues 30 days, then at the option of the holder, and wilhout a~y other notite, all ths remaining - !
instalhnents shall be due and payable at onte_ Privileye ia given to {xtpay this note in whol~ w in pu1 at ~ny tims without pe~alry. Nel~ 95bsaranc~, ,
no? aaepta~ce by the holder ~F+ereof after any default in any payments hereo~, aha~l be deemed extension. A late paymenf charqe of s ihaq be
added to each installment remaining uopaid 7 days aite? in due dats, and • like wm shatl be added ro each such uutsllment remaining vnpaid 7 days +fter
each tucceeding paymcnt date.
Each msker, surety and endorse~ hereof, joinNy and several:y, waives dema~d, preseromsnt protest and no~ice of protest fw na+p+ymeof, a~d furthK
agrees to any cxtens~on of time of payment, eithcr before or after maturity, withoul nor~ce to any of us; and to pay afl costi of tullection, irxludin~ a
reasonable attaney i fee in the event of any default hareunder, and hereby severatly waiv,es all beeefit of homestead and exemption undtr 1M tonstitution
and Iaws of each S~ate of the United Stares, as ags~nst this obligation w sny ex~ension w renew~l hereoi.
Witness the hand arsd s.:al of escA party.
s/Charles T. Rollin ~
. ~
ls~?U
. s atriCia M. Follin ~y
ts~?u
47 . Z S t State Revenve a
c9ramps-esnee+~ araign+at i+er~l 31 500 .00
NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~ring payment of ssid sum of = • and ths performsnce of tM
covensnts i11d 7~fClrt1l111f F1lfQIMftN expreued, snd fa divers good and wluable considerations, by thess preaents, does prant, barysin, tell, temise,
release, convey and confirm unto ihe MORTGAGEE, its successors and auigns, all that ceruin lot, piau or puoe~ of Isod, situate, tyirg, and beinp in f!»
Covnry of $t• ~Cie and Stat~ of Fbrida, described fdlows:
Lot 28, Block 537, PORT ST. LUCIE, SECTION 10, as recorded in Plat Book
12, Paqe 49A thru 49G of the public records of St. Lucie County, Florida
. -~~1~5' - /370 - ov~~
' « ~T,4TE ~F FLORID,A. ~ ,t~~
~i ~Z M D:~UtAEtriIARY~-~=;.;,._STArAP T:.>` j ~ Qe.~~~E~~Q~
c iiEPi. GF P.EYf7'lUt ~ ~ t / ~ ~y~
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togeti~er with atl and singular the tenements. hereditamenri snd ~ppurnnces thereuMO belorging or in anywite appert~ininp therero, and dl r~nis, iuws,
proceeda and profits ucruing a~ to acuue from ssid premeses, all of which are i~tluded in the ~bov~ and fotsqoirg dewiption and h~bsnd~an.
TO HAVE AND TO HOL~ tF~e above described and grsnted premises unto the ssid MORTGAGEE, its waesson +nd ~asipru fe?eva• And tFN wid
AhORTGAGOR for thelY _~~rs, executa~, administrstors and suigns, hereby covs+?~nb with the s~id 11110RTGAGEE, its svaeuws and assiarn.
~~t _they a re lawfully seized of the ssid premises in fee simple: that tht ~am~ ue fre~, dear uid disch~rped from ~II liens and Mcun~
brances in 4w a in equitY. and that they will snd the1Z hein sMll warr~nt snd def~nd the titfe fo th~ sam~ 1o tM s+id
MORTGAGEE, its fuccessus and assigns, fweve~ against the lawful claims snd demsnds of ~II penwqs
PROVIDED, A1WAY5 thst if tha MORTGAGOR ihall p~y unto the MORTGAGEE the promis~wy note her~inbefor~ dexribed and sh+ll truly, promptly
and fully perfcrm, d~scharge, execute, compkte, comply wirh and abide by exh and evtry rhe tP~pvlations, sgreert~enrs, tonditiaa and covena~n of said
promiuory note snd of this Mwtg+9e, ~hen this Mortgsye and the Estate hereby ussted thall ce~se snd be null +nd void•
IT IS Uld0ER5TOOD that the word "Mortgagoi' whether i~ the iingular or plwsl u?ywher~ in this Mwtyage, shall be sinpular if ons w?ly +nd
shall be plural jointly and ~everally if more than one, and thst the wwd "their" ss used anywh~re in this Mo~rtys~e ahsll be taken to mesn "his:• •'hen;•
or "its:' wherever the context w implies w admits. Also, th~t wi~erever there is ~ nference in the covenanb ~nd syreemenb hertin tontairnd to a~ry? of ~
the p+rties hereto, the same shsll be construed to me~n ~s well ss tF+e heirs, leyal representatives, waesson +nd assgro (either volw+Nry by ad of th~ ~
parties or involvntary by operatwn of the law) of the same and that the coven+na herein conuin~d sh+ll bind and tFw benefib and xlvantayes inw~
ro the rapective heirs, legal rcpresentstives, successon ud au~gns of the parties hereto.
Md ssid MoMgsgors, fo~ themselves and their heirs. leg+t repr~senutives, s~aesson and aui~ra, hereby joinNy ~nd s~vNalty coven~nt and ayr~e H
ro and with the ssid MORTGAGEE, irs wccessors snd auigro: v
~
1. To pay sll and aingular the principsl ~nd iroe~at and the various and sundry wms of mo~ey psyable by virtue of said ptomiuwy not~, snd tFw
mwtga~ee, each and every, promptly on the days respect~vely the same severally becan~ d~re. ~
v
2. To pay all ~nd singulsr the taxes. assessments, kvirs, liabilities, obliyatian ~nd enaimbwnces of tvery ~atur~ snd tcind now on s~id desu~ed ~1
property, a tl~st hereafta m+y be imposed. suffered. Placed, levied, or +u+ssed th~r~on, or lhat F~e~eafter may b~ levi~d or useased upon thia Mort~ ~
~ye, or tM ir~debtedness secured hereby esch and every, when dve a+d pay~ble, sccord'ag ro law, befon they becarw dslinqwot, and b~for~ any imaat Y
•»aches or +ny pen~!ry is irxurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SM4AE SHAII SE PROMPTIY SATISfIED AND DISCHARGED OF ~c~
RECORD AND THE ORfGINAI OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEfPT OR 7HE SATISfACT10N PAPER OffIC1ALlY ENOORSE~ ~m
OR CERTIfIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFiER PAYMENT; and i~ the event thst any thereof is not
pa~d, saYSfied and dischirged sa:d AM1ORTGAGEE msy at any time psy the ssme or ~ny part thereof without waiving or ~Hectinp a~y option. lien, equify or
•~qhi under w by virtve of this mortga9e and the /ult smount of exh and every such payment sMll be immediately d~e snd payabk and shall bear inter~st
~ <<eT +ho da~e i~e.eo! r.a'd a+ .are of nine per centum per annum and toyethe~ w~th such inte~est shsll be secured by the lien af +h's morg+age.
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