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THIS INGENTURE, MacM th~ 3rd ~y of S tember 19_ 75 ~M,~
~Gorcbn Edward Artley.and ElA ne rt ey, Q
1 y. .
of St. L.~cie , Counfy Fbrid~, Fwrtin~tt~r dMiqnated ~s tM "MORTGAGOR," and FIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERtE, a capaHian orQaniz~d a~d ~xbYug und~r tM i~vw of th~ Unit~d Stata of Am~riu and lNvinp it~ pri~cip+l pl~a of
bus~nps in tM City of fat PiKa, St. luci~ County. Flaida, M«fe?~ha datp~+.~t~d n tM "MORTGAGEE."
WHEREIIS tM MORTGAGOR is ~ntly indtbt~d to tiw MORTGAGEE in the sum of 24~~0~00 pood ~nd I~wfvl monty of fh~ Unittd
S~ates advanced by tM VIORTGAGEE unto tM MORTGAGOR. ~i evid~nc~d by ~ c«tai~ promissory nob of evM dat~ Mrewith, of which iM folbwiny M '
words ~r~d iipwes is a:rw copy, to-wil:
= 24 ~000.00 No 19000131 t
' SAntP_mt]Ar 3 ~
fort Pi~?t~. Florida. 19~~_
for valw ~eceived, 1, we or eithe~ of us, promus to pay, wi~hout def~icatan, to tM wda of fIRST fEDERAI SAYIN'GSr~ AND LOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Florids, the ium of S24~OO0•00 w;~h inte~ett from date ~t the rat~ of 8' 76 per ~~?num. ~ monthly instal4
~>>er~rs as iollows: ~ 198•~~ on 1he2Oth day uf ~tober ~9~_ snd • lilu wm on ti» cwrespoe~i~np dsy of each month tlwr~-
eifer until the whole b~ fully p~id.
Each inst~llm~nt firs~ shall be applied in p~ynsent of ths interest and thcn on tM unpaid bal~nc~ of tM prinapsl wm. If dafauh k mad~ in.Me
Fay~nent of any installment when due, a~d such detault continues 30 days, then al the option of 1he holder, snd without a~y other ratice, all tM rerrwininp
~~sraltmenb shall be due and payabk af a~ce. Privilpe is yiven to pr~paY this ~+ot~ in whole a b+ pan at ~ny timt withow penalty. NeitMr forsbwa~c~,
nor acceptance by the holder tFureof afta any default in any paymenls hereon, shall b~ deemed extc~sion. A late payment cM~~e of s_.za.zsc.r sMll b~
ddded to each installment rcmaininy w+pa~d 7 days aftsr in dw daa, and a like ium ahall tr~ ~dded to e~ch such iiutallm~nt rtmaininp unpaid 7 d~ys after
each succeedinp pay~nent date.
Each rtuke~, surety and endaur hereof, joinNy and sevctally, waives demsnd, presentment prwest and notip of protsst for nonpayment, ~nd further
egreea to ~ny eatensan of time of paynxnt, either beforo o~ afte? m~t~riry, without notKe ro any of us; snd to pay sll cosb of collMion, te+cludinp •
reasonable attorney i fee in the event o( any defautt he~eunde~, and her~by severstly waives all banefit of homestead and exemption tNid~r tFK constitution . ~
and lews of cach State of ~he United States, ss against this obliyation w any extension a rMew~l Fxrwf. +
Witness the h~nd and ~eal of each pa?ty. n. . „ . . `
~ ' S/Gordon Echva rd Art ley ~
(s~?U
~ •S/Blaine Art ley ~
i ~ • ~ ~ State Revenw , ~u
ibrernP~ ~c~s+ceMed~on~eipinsh nutut
~+o P+m~e.~t of atd sum of i 24 000 00 per(~no~ of +h~
NOW, THEREfORE, the MORTGAGOR fw the purpose of securi • • , ~nd Ihe
covenants and agreements he~ein~fter expressed, and fo~ divers yood a~d valwbk consider~Yqns, by thp~ ptesants, dws ~snt, barpain, sell, nmise,
release, convey and conferm unto the MORTGAGEE, ib sucteuws and suigny all that certaln bt, pieu or parul of (and, situate, lyinp, and beirp In tM
~~~y ~ St. LLlC1C an~ $tat~ af Flwid~, dewib~d u fdlows:
Lot 27, Block 281, PORT ST. LUCIB SDCTION 1, as per plat thereof on file in Plat
Book 11, page 53, public records of St. Lucie County Florida
~j~~-,~~
By agreement of Mortc,~agor and Mortgagee on file with Mortgagee, the within mortgage
secuYes not only an existing indebtedness, but also ADVANCES to HEREAFTER made by
~tortgagee to Mortgagor~ the aggregate of which will equal the principal amount
specified in the promissory note secured hereby.
•
..4
os . . ~
> ~ ST,~ o~
~ D4CUMfNTARY , ~~-Q~f~A ~ '
N DEPT. OF itEVEp1~F STA P YA X! ~
K~ ~ - /.t SEP' ~ !
'E . o ` ` 3 ~ 0 !
;
~ ~ . . 1 ~ ° ° u~ warwecr aF w~s
j nuE oN auwc ~e rtrw+~~ rasow~ v~o~t+n.
~ rur~wtr ~o d~ n,ts~, ~s oF iwL
~ ~ romaa r1t~'~
' CLERK qlEOUR OOURT, ST. WqE 00, F1A l
~
~ P ether with atl and si ular the tenements, heredibmenb and a ances tMrwnto be ~ a in a
~ ~9 ^9 PP~?t ~+D~~ +~+YW~ ~PPKt 1nGg tMr~b, and all nnH~, issws.
p~xeeds ~nd profifs accruing and to acuue from said prem'ises, all of which m includ~d in ths abw~ and fonpoiny d~wiption and ha~n.
~ TO HAVE AND TO,HOLO the above desvibed aed qranted premise~ ~n1o th~ aid MORTGAGEE, ifs woaston a~d assi~in forw~r. Md th~ ~ald
~ MORTGAGOR fw ~Q1Y - hein, executon, admi~istrston ud auyns, hereby covM~anb with th~ s~id MORTGAGfE, its woo~sso~?s ~nd ~~siprM,
~ rhat th~V are ~~ully seized of the s+id premiws in fse simple; th~t tl» wne an h», clear and discFwped fran all liau ~nd ~ncunt
~ b~ancea in law a in equity, and tMst theV will snd their Min shdl w~rram and d~f~nd tIN titl~ to tM ~~nt to th~ wid
MORIGAGEE, in s~xcessas snd suigro, forever a~aimt tFw lawh,l d~ims ~nd demands of all ps?sonas
~ PRpVIDED. ALWAYS tMt if the MORTGAGOR sh+ll pay uMO tM MORTGAGEE th~ promissoty not~ h~reinb~for~ dparib~d and sh~ll truly. ptomptly
a~d fully perfwm, d~scMrye, execute, compkte, comply with and abide by esch and every th~ stipvlatio% apreemenb, oonditian uid aoven~nb of s~id
; orom~uory note snd of this Nbrtgsge, then thls Matg~ye ~nd the &tsro hereby peated shall pat~ snd b~ ~wll snd void.
% IT IS UN~ERSTOOD that the word "Morty~gor' wheth~r !n tM sin~utar a plw~l anywhen in this Mwtpay~, shall M ahgular if on~ ady and -
` ahall be plur~l 'pintly and severdly if mwe than on~, and that the word "their" as used aoywMh in tha MoHpa~ sMll b~ t~k~n ro mun "hb,° "i~s," d?d
cr "its:' whaev=r the context w implies or admits. Also, tla~ wF~erew~ there b~ nfaenae in tM wvenants u+d p~Nrnants I+Kein oom~in~d to a~ryr of $pp
~ ~he parties hereto, the same shsll be consbued to mean ~s well as the hein, kyal repr~sentatiws, sva.eswn and aasipro (eitF~u voluMary by ~ct of the ~
parties or involuntary by operstan of the bw) of the same and that the covsnsnb hereio cont~G~ed th~ll bind ad th~ bu~fib and dvantapa irwr~
~ ~o ~he r~speaive Min, kgd represenf~tives, svtcessors and sss~yns of the parties hereto. ~
~ Md safd Mat~s, for tF+emulves s~d thei? Mus, leyal npres~tatives, succes~on and usipr~s, iwreby io&~tly and swa~lly cov~n~nt and ~pr~e W
f ro a~d with tIM said MORTGAGEE, in woceswrs and ~uiyns:
~ 1. To pay .n u+d s~~a. r~,. P?~„c~P.i ,~,a interest and th~ vsraus and wndry s~xrK of ma~ey psyabb by viAw of ssW promiswry nob, and thi~ ~i
~ mwtyape, each and ~wry. promptly on tM days respectiwly tM s+me sawrally b~con» dvt. ~
2. To pay all ~nd siegular tM tax~, usesxnents. {wies, liabilities, obliyations a~d enaNnbnnc~s of twry nahu~ and kind now on s~id duaib~d
prop~rty, a that hereafiar may b~ impw~d, wffa~d, placed, levied. a as~eswd tlweon, a tlwt haeaft~r may 6~ Iwi~d a ns~ased epan tNs Mort~
~ a9e, or tlw indebt~dness scared hereby. Nch ard ewry. wMn dw and p~yable. ~ooordinp b(aw, be(on fhyr batort~ d~linquenf. ~d btion any iMw~q
arrachts o~ ~ny per?~Ity a inained; AND INSOFAR AS ANY THEREOF IS Of RKORO TME SAME SHAII 6E PROAMTLY SATISFIEO AND OIS~C1lARCsED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUNIENT (SIKH AS, fOR INSTANCF, THE TAX RKEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENpORSED
OR CERTIFIED) SHAII dE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYINENTj and i~ tl+t tvsnt lhat u~y tlwr~BF is not
paid, sat:sfied and discharged ss:d MORTGAGEE may at sny time pay rhe s+me or +ny psrt thereof withow w~ivinp a affectiig any optiw+, Ilen, squitr or
•~ahr under w by virtue of this mortg~ge and the full unount of e+ch snd every wch payment ~hsll b~ irtunediately due and pay~bt~ a~d shall beir inter~st
Fro~~ the date rhereof ~r.rl pa:d a! rate of nine per ctnfum per ~nnvm and roy~th~r with tutA iotaesf thall be fetvr~d by tM lien of th's mcrgtage.
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