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THIS INDENTURE. NbtM th~ 17t~1 ~y .~Dt~E~,r
~ . A.D. 19
75 b~twMn i
. : ~
Jaaes G. Sanpsel and Sally 1.. Sasps~l, his wif~
of St. LuCi~ CovMy Flaid~, Iwr~in+ft~ d~?ipnated ~s tM "MORTGAGOR," +nd FIRST FEGERAt SAVINGS AND IOAN !
1?SSOCIATION OP FORT PIERCE. ~ oapaaYan orpu~is~d aed ~xi~tinp undM th~ laws of th~ Unihd Sa~N of Am~rka ~nd hwinp in prGxipal pl~u of '
bwin~ss h th~ Ci1y of FoA Piwu. St, luci~ Camty. flaid~. h~in+hK dNiprn»d p•tl» "MORTGAGEE."
WHEREAS tM MORTGAGOR is ~atly ind~bt~d to tho- MORiGAGEE in 1M sum of 1~• ~ ,~ood and lawful maay of tM Unit~d t
St~bs advanc~d by tM MORTGAGEE unto th~ MORTGAGOR, as ~vidN+ced by a urtain promiuay not~ of ewn daq tKr~with, of which tM tollowinp in
word~ ~nd fipurp is • tru~ copY. lo-wil:
~44„~ 1 00 ~~0 10021590
~o.~ P~..o., F~«~, Sept~ber 17 19 ~5
For valw.nceiwd, 1; vw w~it1~ of vs, promiu M pay, without defalcation, to the ude~ of FIRST FE~ERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fat Para, Fluid~, tM wm of + 1~~~ - w~th inrerast (rom date at tM r~t~ of 9• ~ 76 pK annwn, in ma+thly irutalN
~n .s fo~~~s: t 371 ~ tM 2~tlf ~y o f October 19 75 ~nd a tik~ sum on tM corrapa+dieg day of ~~ch month th~n-
~fiK until tM whob be fully p~id.
Each installme~t iir:t ihall b~ applied in paym~nt ot tM interest u~d tF+en on th~ unpaid balance o( tM p~inupal sum. If defauh is m+d~ In tM
paYrn~nt of ~ny irtst~llment wMn dw, ud such def~uh continues 30 days, then ~t tF~s option of th~ holdt?. and witiw~t any othe~ notice. all tM r~maU~ir~
instal~xnb sMl~ b~ dw u~d payabM at once. Privilp~ b~iven to prepaY thit not~ in whol~ or in put at aiy time without p~naly. Neither for~b~srarce,
nor ~ccpann by tM holdK thKwf ~her ~ny defauh in any p~yma+h Mreo~, shall b~ deemed extsnsio~. A lats payment chary~ of = 18~ 55 shall b~
added to ~ach i~stallme~t remaininp unp~id 7 daya ~fta•in dw dat~, and ~ liks sum ihall be added to exh iuch instaltment ranainlnq unpaid 7 d~ys after
sad? wcaed'uw p+ymer?r daro.
EicA mak~?. sunty and ~ndoraer har~of, jointly and swer~lly, waives dernand, presentmMt protest and notiu of protest for nonpaYment, ~nd furtMr
agnes fo any ~xtensio~ of tim~ of paym~nt, eithK ¢efor~ a eft~? maturi~y, without notica to sny of us; and to p+y all casb of collectan, includi~p •
ressan~ble ananey's fee in tM event of ar+y defauh h~rarnder, x~d hereby seva~lly waives sll b~nefit of homestead aod ez~mption ur~r tM constitution
and laws of exh Sta~s of 11+e Unit~d Sbtes, as ayainst this oblip~tan w~ny ~xtauan a renawal hereof.
Witnas th~ h+nd snd ~eal of sach party.
a/Jaae~ G. ~Saspsel ~
` n- _ ~ (SE/?U
~ s Sally L. Saapsel ~
~ $66.15 ~ st.ro a.r.~u. . RE~w
tsrar.p~ «~~1W.w ~qin~l.~ae) 44 100. 00
NOW. THEREfORE, th~ MORTGAGOR fw th~ pwpos~ of wturinp paymeM of saW swe of ~ ~ . and 1h~ Performanc~ of 1h~
cwen~nta uid pr~eenenh hertin+her ~xpressed, and fo~ dive~a pood ud valwbl~ cauida+ations, by tMse presents, does yr~nt, bu9~in, sell, r~mis~,
releaie, conwy Md confirm ~n~q tM MURTGAGEE, its woc~s~ors and u~ipns, ~11 1Mt ceruin Iw, pi~c~ or pucel of I+nd, situaN, Irkg, and b~irg in 1M
~~ry ~ $t. L.t1C1@ ~nd Sub of Fbrid~, deic?ib~d as fdlows:
Lot 5, Block 2 of CAROLWOOD TBRRACB, RiYat Addition as recorded in Plat Book 14,
4
Page 50, Public Records of St. Lucie County, Florida;~ '
By agreeaent of Mortgagor and MaYtgagee on file with
Mortgagee, the within sortgage secwces not only an
existing indebte~ess, but also ADVANCBS to be HBRB-
AFTBR aade by Mortgagee to Mortgagor, the aggregate
of which will equal the principal asaunt apecified
' ~ in the praaiasory n~te secured hereby.
~ . . .
I " STATE ~F ~LORiDA ~
~ ~z N OOCUMENTARY STAMP Tt?X i
~ r..,,
~ c°-' 'n Of~7._OF P,£Vf3lUE • ~ ~ ~ ~ ~ ~1 PNri~ ~ ~Q
p N = ~ SEP l~i'~S . ~ , D B. ~ ~ ~ ~R~IAff~ TO pIA/'IER~~.
~?~~'f'S~~ ~~i
~ m ~r _ es. ~ pp~ tyn. m~
a
~:ucz ~ QFRI( qRq11T ppURT
. ' ~ PlA
~
togeth~r with aII YN~ ~VIK tlw tenements, heredita~rwnh ~nd ~ppurtances thereunto b~lonpug w in anywis~ ~ppen+ininp tl~eto..wd all ?~nts, bw~s,
proce~ aod profits aarvirg ~nd ro xcrw from said pr~maes, all of whkh ~re induded in th~ abov~ ud forpoirg dNaiplion ~nd h~b~dum.
TO HAVE MW TO HQLO the abow deuribed and yr~nted pnmises unto th~ saW NIORTGAGEE. its wa~es~ors and assi~es for~wr. Md th~ sNd
MORTGAGOR fa their ~~n, exeMors, adminatntas and assipns, heteby cown~nts with tM said H10RTGAGEE, its woc~aors u~d a~~i~er
rhat Lt1eV are ~.~,,,~„iy ~ized of th~ wW pnmb~s io fe~ sirnplr, that tM sarM an h~e, ci~ aod diuh~r~d fram ~II liau a~d ~o-
~ branon in law or in puitY, snd tM~ they___ will ~nd thpiY M'vs ahatl wuraM and defend tl+~ titb to tM san+~ to th~ wld
MORTGAGEE, in waesso~s ~+d astgra. ~ww~r p~imt tlw lawfuf daims ~nd d~muds of all perwroj
PROVIDED, AlWAYS MNt if tM NIORTGAGOR ahall pay ~nto tM AhORTGAGEE tM promawry aah Mria~befor~ d~wibed ~nd sh~ll tnrN. praoptly
~ ~nd fully paform, discMr~. ~x~cut~, compbt~, camply with ~nd ~bide by e~d+ ard wery th~ sKpulatioeti ~pnem~n», ca~ditions and oov~nts of s~id
~ ^ promiuory oot~ and of this Mortpape, tMe~ this Mortyap~ and tM &tate hatby asated shall ceas~ and b~ null ~nd void.
~ T' IT IS UNDERSTOO~ thaf th~ wwd "Mwt9+yor" whetha~ in tM sinyulu or plur~l anywFwn w~ this Mort9~pt, thdl b~ sinyulu if on~ only and
~ shatl b~ plural iointly ~nd swerally if rtar~ tMn on~, and th~t th~ wwd "their" ~s used anywher~ in tha Nbrtp~e sh~ll b~ taken to m~an "h4,,•• "Mis,••
or "i»," whKwer tlw caNext w implas a admits. Also, tlut wherewr there is • r.fererK. in rhs oovenu?n and ayraemenn herein oom•tn.d w~ny of
~ tFu panies here% tM s+rn~ shsll b~ oonstrved to mesn s weN as th~ heirs, fepal r~p~sent~tives, svcc~swrs and usipro (eitF~ voluntary by act of tM
~ parties w involuntary by operetion of the law) of th~ same and tMt the covenann herein co~tainsd sh+ll bind and tM ben~fib and advantap~s hw~
to ths r~tp~ctiw Min, lep+l rep?esenHtives, wcusson and au?pns of the puties hereto.
~ _ Md sald Allorfpayors, fa tF~enselves and th~ir hein, b9+1 npraer+t~tives, wcc~awn and assiprn. Ix~eby jointly and ~ewrally oown~+t and pr~e
~ ~ ro and wirh tM aid MORTGAGEE, in waeaw.s and .s~iyns:
~ r~ 1. To p~y dl ~+d sinpulu th~ printipal ~nd int~nst and tM v~rious ~nd wndry wms of maky p~Y~bk by virtw of said promiswry not~, ad this
matyape, ach and wery. P~omPtly on tfr days r~spectivefy ttr same ~ewrdy becam dw.
~ 2 To pay all and sinpvlar tM tax~s, assaur~nts. Iwies, liabilities. obligatiom and e~cwnb~anus of ewry n~tur~ a~d kind naw on said dMCrlb~d
' propwry, a tM~ Mrafta? m~y b~ irnpos~d, svffer~d. P~~ad. Iwi~d, or ~ therwn, or that hen~N~r rnay b~ I~vi~d a~s~ess~d upon MAs Mat~
+y~, a th~ Ind~bt~diwss ww.~d Mr~by, each a~d w.ry, when dw and pay~bb, aocordinp w law, bsfon th~y bscoe~e d~linquen~. ~nd bdw~ any in~nst
~nacMs a u?y pen~hy b incwred; AN~ INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALI 6E PROMPILY SATISFIED AN~ OISCNARGED OF
RKOR~ AI~ THE ORIGINAL OffICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SNAII 6E PLACED IN THE NANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIEN?; and in the ewnt that aey tMrwf is not
paid, wt:~fied and discfiarqed aid MORTGAGEE may at any time psy the tame ~K ~~y part thertof withovt w~ivirq or affectinp ~ny option, 1'~, ~quity or
•~qht unde~ or bp virtw of this monya9e snd the full smovnt of each and eve.y wch payme++t shall b~ immediatdy dw and pay~bk ~nd shall bta? ht~rqt
irom ~he date thereof until pa~d at rate of ~ine ptr ceMum per annum snd royether with svch i~taest sMsll be secwed by the lien of th's mwqtspe.
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