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THIS INOENTURE. IY4~le th~ ~th ~y of August A.D. 19~ b~tw~sn
J. D. White and Beatrice W,~iite, his wife
. ~ -7--
a( St . Lucie , Cpy~ry florid~, her~inafiN dtsipn+ted a~ tFw "MORiGAGOR," ~nd FIRS~ FEO[RAl SAVINCsS AND IOAN
ASSOCIATION OF fORT PIERCE, • corporation ary~nisd ~nd ~xis~iny w?dM tM kws of tM Unit~d Su~N of Mwrk~ and Mvinp iri p~incipal pl~ce of
businqa in tM Clty of fat PiKa, St. luci~ Co~nty, fbrid~, Mr~in~ita detipna»d tM "MORTGAGEE."
WHFREAS th~ MORTGAGOR is jwtly i~d~btad to tM MORTGAGEE in tM ium of i 13 • O0 _~ood and I~wful moMy of 1M United
S~ates ~dvancsd by tM MORTGAGEE unto 1M MORTGAGOR, as ~videnced by a certa~n promissory rate of eva? date F?er~with, of whid~ tha fdiowinp {n
word~ and f' wes is a trw copy, lowits :
= 13 , 00~ . 00 ~,b 11000343
~ PN~. August 20, 19 75
Pa valvs received, 1, we or either of vs, promise to~j withoW dsfalcation, to the ordcr of FIRST fEDERAI SAVINGS AND IOMI ASSOCIATION OF
FORT PIERCE et Fwt Piercs, Fb?id~, the sum of = 13 w;th interest from date at the rate of 9% per amwn, in monthfy inttall-
menis a1 follows: = 132. ~ 20thd,y of October ~~975 ~nd s lika sum on fM cwrespondirg day of ~ach month 1hKr
afrer vntil the wno~e be r~iy w~d.
Each installment first shali bs appiied in paymenf of tM i~terest and then on the unpaid balance of the prindp~l sum. If default is m+de ia the
paymeM of ~ny i~sratlment whe~ due, and such deFavh continues 30 days, then at the option of the holder, and without any other notic~, ~I) ths ramaininp
~nstallments shall be dus ar~d payable at onte. Privilege is given to prepay fhis nofe in whol~ w io patf at ~ny tirtK without penslty. Ntither fw~bsarants,
nar accepfance by IF+e holder thereof after any default in ~ny paymenri hereon, shal) be deemad eztension. A late paymenl charge of ~ 6' shall be
added ro each irotaUme~t remainir.g unpaid 7 day~ aftsr in dus date, and a like ivm.ihall be added ro each such installment remaining unp~ld 7 days ahe?
each sucteeding p~yrtxot d~f~.
Esch maka, wrety and endwaer {xreof, joinNy and uve~ally, waives demsnd, presentment protest and notice of protest for ~onpayment, and further
agrees to a~y extens~o~ of firtro of payment, cither betore w aite~ maturity, without notice to any of us; and to pay ~~I msri of oolkction, indudrtg a
reasonabk attorneyi fee in the event of any default hermrtdcr, and hereby severalty waives all benefit of ho~t~ ~r1d~~zemption undet the tautitufion
and laws of each Sfate of the United States, as against this obligation or any extension or renewal hereof. '
Witness the hand snd s~al of e+ch party.
, S~ J• D. White ~
i ; • {
($E/?u
S Beatrice White ~
~ $19. SO ~ s~~te Revenw
~~qne~aottle~lc~xac~m3coaatDc
NOW, THEREFORE, thc MORTGAGOR for the purpox of sea?ring paymem of ~aid wm of i 13 • 0~ , and fh~ p~rfom~ance of th~
covenanta and sgreemenri hcreinafter expreued, ~nd fw divers good and v~lwbts considerstior~s, by these presents, daas ~rant, baryain, sell, remiss,
reteau, convey and conf'um u~to, the MORTGAGEE, in succeuws and suiqns, sll that certain lot, piec~ or partel of land, sitw% lyirg, and beiig in fM
Ceunty of $t . LuCle State of Fbrida, deacribsd ~s idbwa:
~~~a - Sa 00 ~ 3- C~O~~S . t.
Lot 1, Block 5, RBVISSD PLAT OR S~OUTH 25th STRfiBT, as per Plat thereof on file
in Plat Book 11, Page 46, according to the public Records of St. Lucie County,
Florida. ~
By agreement of Mortgagor and Mortgagee~on file with the Mortgagee, the
within mortgage secures not only an existing indebtedness, but a~so
ADVAIVC6S to be HfiR6AFTBR made by Mortgagee to Mortgagor , the aggregate
of which will equal the principal amount specified in the promissory
note secured hereby.
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rogether with all snd sirx,~ular tha eenements, herediqmenb and sppvrta~ces thereuMO bebnging w in anywi~ appert~idny thaelo, and aU nnb, isiu~s,
p; oceeds and profits xvuing and to xcrue from said premises, sll of wFiKh ue induded k~ Hw abov~ ~nd fo?~poinp desviptan and hab~nduin.
~ TO HAVE AN~heiow r~ above dewibed and yrantedpremises uroo the said MORTGAGEE, its s~cas~ors and auigm forswr. Md th~ s~id
~ MORiGAGOey are ~irs, exewton, sdministrstas and auigra, hereby ooveMnb witF~ th~ said MORTGAGEE, its wocpsara ~nd sssians,
that Z~ Iswfully x~zed of the ssid prem~ses in fee simple; tMt tM s+me are h~, ckar u~d d'actwr~d fran all liera and ~n-
brances in law w in equity, and that they w~p their ~n wur~nt and dtfend tF~ titl~ W the samt ro th~ s~id J,
~ MORTGAGEE, in succe~sors and aasigns, forever ~geinst the lawiul clainn and demands of all penomt
~ PROVIDED, AlWAYS that if the MORTGAGOR shsll pay ~nro ths MORTGAGEE the promissory note hereinbtfat described and sl~+ll huly, pranptly
a~d fully pe?form, dischsrge, execute, compkte, compty with and abide by esch ~nd every the strpulataro, ayree~r~ents, conditans u+d a~venu+ts of said
' promisspy note snd of this Mortgage, then this Mortyape snd tMe Estste hereby veated siull ceas~ and M rwll Md void.
t
~ IT IS UN~ERSTOOD tMt the word "Mortgsgor" whether in tha singular w plural anywhe~e in this Mortysp~, sh~l) b~ tGpular if ont orJr ~nd ap
Shall be pl~nl 'pintly ~nd sererally if mor~ than one, and tFwt the word °their" as vsed anywhere in thi~ Matp~ shall be taken to m~an '1ds,•• "htn,•• O
~ or "its:' wherever the conte:~ so implies w admits. Abo, that wherevsr there is ~ reference In th~ wverwnts a~d apream~nls her~in oo~tainad b aey of x~ ~
( rhe puties hereto, the ~ame shall be construed to mesn as well as the hein, k~al r~pre~entatives, suooasws snd assipro (~ith~? voluMary b~r ~d of tF~ P
~ pert~es or imroluntary by opersYan of the I~w) of tMe same and that the mvensnts iKrein oom~ined shall bind and the bemfib and adv~ntapp irwr~
~ ro the respective hein, kgal representativp, successws and ~u~gru of the parties hereto.
i
~ Md~said Mort9s~ors. for themsehes and their heirs, ley+l repressntativa, succeswrs and assipro, hereby jointFy and swar~lly cw~nant and apr~ ~ (
ro and with the said MORTGAGEE, its svaessors u~d auiyns: A f
~ 1. To psy sll and iupulu ths prindpal and interest ~nd ihe vuious and sur~d~y sums of moeey paYabk by viAw of ad promissory not~, ad N~S ~
mort9aQe, each and every, promptly on tFw days respectively the sarn~ sewrally betonN due.
~ 2 To pay afl ~nd singutH the ~axa. usesunenn, levKS, li~bilit~a, obliyations and endxnbrances d ewry Mtur~ and kkd naw on said d~a~d 1~ +
~ property, a thst hereaher may be imposed, wffered, placed. Irvi~d, or asseued tl~aeon, a tl~at hereifte~ m~y b~ levied a aseuad upon tNs Mwlp~ ~ ~
~ age, o~ th~ indebtedness sccvred F~ereby, esch and every, when due and paysble. aaordinp ro law. befor~ N~ey become d~linqwM, and btfon any let~teat ~ i
~ at~aches o~ ~ny penalty is incwred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PRON1PTlY SATISf1ED AND DISCHARGEp Of ;
~ RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFFKIAItY ENOORSED
OR CERTIFIED) SMALL dE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snt! in the ~vem th~t ~r the~sof is ~oI
paid, sat'sfied snd dischsrged sa[d MORTGAGEE msy at any time pay the same or any part therwf withow waivirg w sffectinp arry option, Iien, equity p
~ •~qht under or by virtue of this mortgaye and the full amount of exh and every suth psymeM shall be immediately dvt and payabk and shall beir inttrest
jro~+ +i,~ dare rre~eo~ ~;n+~l ~a d af rare of nine p~? cen?um pe? annum and toyether w~th s~xh interest shall be secwed by Nw lien of th's morgeage. ~
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