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15th September _ ,~p, 19?5 ;
THIS INCENTURE, IWd~ tM~ day of ....,r._ ~
, Joseah E. Powell an leo well, his wife ~
of ,,,,~L . LUC 1$ Covnly Flaid~, hN~irwhM daipna~~d ~s th~ "MORTGAGOR." +nd FIRST fE~ERAI SAVINGS AND IOAN s
ASSOCIATION OF fORT PIERCE. ~ aorpaatan o~pw~is~d and txis~inp undM tFw I~w~ of th~ Uniqd Stua of Am~rka and MvGp iq p~inctpd pbo~ of
bu~ir~~ in th~ GIy d Fat Pi~ra. St. luci~ CowNy. florida. MninahK daipnn~d a ~M "MORiGAGEE:' `
21 900. 00 '
WHEREAS tF» MORTCs/~GOR 4 justly ind~bt~d to th~ MORTGACsEE i~ tM sum of = ~ , good and lawfvl many of tM Unit~d
St~t~s uiranc~d by tM MORTGAGEE unto tM MORiGAGOR, ~s evidsnced by • cKt~in promisswy nots of Ov~fl da~e hsreMritl~, of which th~ idlowinp in ~
wads and fpuro b a trw topy, to-wik ~
= 21, 900. 00 ~ 100215E34 ~
. r~o.~ P~..c•. Fb.id.. September 15 t9?~_ !
Fw valw reuiwd, 1, rw o~ ~hMr of vs, promi~e ro p~y, widw~t d~Falution, to the wder of FIRSi FE~ERAI SAVINGS AND LOAN ASSOCIA?ION OF '
i
FORT PIERCE al Fort Pit~t~, Flaida, ~he wm of : 21 , 900 . 00 W;th intaeit (rom daf~ a1 tM r~t~ of 8• 7 5!6 pK ~m~xn, in mo~thly irat~ll- ~
rr~nts u follows: = 194 ~00 p~ th~ ~b. day of October 19 7~ ~nd a Iike svm on tM corr~spondinp day of ~~ch month tlwr 1,
aft~t vMil tM wFwl~ b~ fully psid. ~
E~ch insallrtwnt (irit ~hatl bs applied in payment of tM intcrest snd the~ on tM unpaid balence of tM prinupal ~um- If d~fauh Is m+d~ h tM _
p+Yment of any i~ntsi'kn~nt whM dw. ~nd wch d~i+ui~ coroinues 3~l days, Then ~t ~t~ opiion oi iiK tw~oer, without any othe~ ~otKe, all ths r~k?irg
insq:lm~nts shall bs dw and payable at once. Privil~p~ is 9ivea to prepaY tha noN in whol~ a in part ~t any tims without penatty. N~itF~ for~bsirw~t~,
~ aa~pt~nc~ by ths holdx thxeof aha u~y d~fauh in ~ny payma~b herao~, sMll b~ deamed exte~+sion. A I~te payment ch~ry~ of =~.a_Z~, aMll M
arkled ro exh installment remaioinp w+pa~d 7 days ~ftM ln dw da~.. ~nd a like sum ahstl b~ added to esch such install~nent remaining unpai~ 7 dayt atfN
each sucuedina P+Yma+1 d~te.
Each maka, surety and endorser he*eof, jointly and sevsrdly, waives demand, prosentment prot~st a~d notic~ of prote~t for ranpaymnnt, and fwthK
aprees to am extension of time of payment, either betore w aftK m~hxity, without notKe to any of us; and ro p+y all cosb of collactan, tndudinp •
reawn~bl~ attorney's fae in the event of u?y default Ixre~nder, ud h~rtby s~w~ally waives ~II benefit of homestead and exemption under the oomtitulion
and law! of ~sth Suts of the UniNd Sata, q pairot thts obliy~fion or ~ny exte~san or renewal Ixreof.
~toess th~ h~~d and s~+l of esch party.
_ , S/ Josebh~ ' Po~rell ~
STATE fl~ F'l,._DF?1DA ~ ~
aOCUMENTARY~c:;: STAMP TA~ S Helen O. Powell
)E~T.OF REVENUE ~i' • ~ ~ ~U
~ $32 .85 . s~ar. Rw.nw ' = sf/i9'TS i ` 3 Z. 8 ~J , (~u
X ;IIi02^ ~
NOW, ?HEREFORE, tM MORTGAGOR for th~ P~P~ ~~+?~^0 WY~+a~t o# s~id wm of = 21 , 900. OO aod tM perfo~m~nos of th~
cov.nana «d spr..mar~n Mre;n+h.r .xpresaed, and fa d~ven yood and valwbl~ cor?side?atiom, b~? the~e presents. dws pr~M, barpai~, sell, nmi~e,
relcas~. oonv~y u~d oonfirm unto tl+~ MORTGAGEE, ib wcaeswn ~nd auipns. dl tl»t certain lot, piwo~ a paroel of land, ~itwte. lyinp, and bekp in th~ `
~ry ~ S t. LLiC 1¢ and Sats of Fbrid~, d~scrib~d n fdlowu
A condominium parcel designated as Apartment No. E, Building No. 412 of Highpoint
of Fort Pierce Condominium Section I, a condominium according to the Declaration
thezeof, dated August 1, 1974, and recorded in O. R. Book 230 at page 2201,
inclusive, of the public zecords of St. Lucie County, Rlorida together with of
all of the appurtenances theretqt,_all according to said Declaration of Condomin-
ium,
SUBJECT to all of the provisions of the Declaration of Condominium and Exhibits ~
thereto, and any and all restrictions, reservations, easenents, licenses and in-
cluding a lease recorded in O. R. Book 226 at page 558 of the public records of
St. Lucie County, Florida.
SUBJECT to the terns, covenants, agre~ments,~ obligations and provisions of said
Declaration of Condominium whi~h Mortgagor in all things does covenant to Mort-
gagee faithfully to observe and perform.
' By agreement of yortgagor and Mortyagee on file with ~t~~~?•
~ ~fortgagee, the within mortgage secures not only an tN~~~'
~ existing indebtedness, but also ADVANCES to be t~RE- 3_ r"'~S~ ~jl
~ AFTER made by Mortgagee. to Mortgagor, the aggregate~~ ,~~1~""~1~ `E~y
~ of which will equal the principal amount specif ieA~'~d ~`S~, v~
s in the promissory note secured hereby, d'~'~~
~ ' ~ a~ .
topetha with all snd sinyvlsr the te~ms, hered'nser?ents and appwtancss tF~wnto b~lonpirg or in a~+ywis~ app~rtaininp tMrNo, and dl raNS, hsws,
proo~eda and profits aocrvinp and ro ~ocrw from said premis~s. all of whkh ~re induded ~ tM above and ior~poiig daaiption and hab~ndixn.
TO HAVE AND TO HOID tM abow described ~nd yrant~d premi~es unto tM aid MORTGAGEE, ib sira.eswa and ~uipns fonwr. Md th~ ~ld
MORTGAGOR fa their ~;n, ~xecuton, administr~ton and sui9ns, Fwreby oov~nants with th~ ~sid MORTGAGEE, its wcoesson «+d asipn~,
~ rhat lawfuly seiud of tFw ~sid pre+niws io f~e simpbj th~t th~ wrN ~n h~s, clNr and diulw~p~d fran ~II li~na and ~
~.,~res o. u, .y„ny. «,d ih.t t he y r,,;n .~d t he i r Ix~n st,an w..r.~t «+a d.t.~+a r~. ~rtw w+h. w~. ro~h. s.~d
~ MORTGAGfE, Ns succ~sson and ~uip% fwever ~yai~st tir lawful claims ~nd dem~nds of all persoroj
PROVICED. ALWAYS fh~t H tF~ MORTGAGOR sl+~ll piy unto the MORTGAGEE tM promissay rat~ hereinbefor~ dewibed and aMll fruly. promptly
~ snd fulh p~tfotm, d'atMr~, sxatvN, oomplN~, comply with and abida by sacfi ~nd wKy t!a stipul~Yarn, pnsrrwnti, conditiau ud ~ov~tw~ri of said
~ promis~ay not~ ~nd of this Mwtyap~, then this Nlortyape ~nd tM Estate hereby aested shall uas~ and b~ null and void.
~ IT IS UfV~ERSTOOD tMt tlk word "Mwty+por" whetha in th~ ~irgular w ptwal anywF~ in this MortQape, shall b~ sirgular if one only and
~ ~hall be plurd jointty ud wver~lly if mor~ than om, and ttwt tM word "the'a" +s used anywhe~~ in this Mwtya~ shall bt t~ke~ to mean "hi~." "1wrs.° ~
~ or ••its." wherwer the conte~ct so implies or ~dmits. Also, rh.t whs.ev.. there is s refere~ce G~ rFw covenana and apresm.nn herein oom•irnd a any d
~ ~ the p~rtia hereto, the s+rt~e thall b~ construed to mean as well as tl+s h~in. Ipal np?esenutives, svcces~ws snd assgm (eitha volunt~rp by ad of 1M
b~ partia or involumary b~r operation of tF~ law) of the sam~ and th~t the covenan» herein conuined sMll bind and th~ b~nsfit~ ~nd ~dvMts~a inw~
~ to th~ rapectiw I+~in, Ip~l repraeotatives, successon and ~ss~yr~s of th~ p+rties he~eto.
Md said lY~ortyapon, fw tMms~lws and their hein, leyal re~xese~tatives, succauors ~nd ~stipm. Mreby jaMly and sewnlly covN»nt ud apr~
a ~ to ~nd with th~ iaid MORTGAGEE, itt waesson and assipm: j
~ 1. To pay dl and sinpula~ th~ principal ~nd interest u~d tl+~ v~rian and wndry swns of money payable bp virtw of said promisswy noM, and this ~
7'~ mwty~pe, ach and wely. Pron+Ptly on th~ d~y~ respattively ths sams tsv~rally bsca+M due. !
2. To pay dl snd sirg~rla th~ taxes, ~sse~smenn. Iwies, liabilitia, oblgatiom and ~ncwnbranon of wary natur~ and kind now on said daaib~d ~
~ propKty, ar that ha~aft~ may be impos~d, wffad, P~acad, levi~d, a~ tMf~Ofy O~ 1IM1 IIlfN~1N IIM~/ ~f (tVN~ Of M~lN~ t1~Of1 1FIL MOf1~ {
~ +y~. or t}w Indebt~dness uax~d Aer~by. ~acfi ~nd way when dw ~nd payiblt. aaadinp b Inw• bsfore thhr beoorn~ dtlinqu~nt• ~nd b~fon any h1K~at
~tt~ches w ~ny p~rwlty is incwred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF
RKORD AND THE ORIGINAI OFfK1Al DOCUMENT (SUCH AS, fOR INSTANCE, TME TAX RKEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENOORSfO
OR CERTIfIED) SHAII SE VLACED IN THE NAND6 Of SAIp NIORTGAGEE WITHIN TEN DAYS NEXT I~FTER PAYMENTj and in tht ~vent NW ~ny tlwrsof is not
paid, sat'sfi~d and dixhuy~d ~a:d MORTGAGEE may ~t any time pay the same o~ ~m part thereof withovt w~ivirg w affectirg sMr option, IiM, ~quiry or
?iyht under or bp virtue of this mortyaye a~d the full amount of each ~nd every wd~ payment ihall be immediately due ~nd pay~blt ~nd shall bw intaat
~rom the date thereof until paid at r~te of nine per te~tum per anrwm and topether w~th wch interest shall be setwed by tF~e lien of th:s mor~t~.
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