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THIS INDENIURE. AMd~ th~ 16th ~y of _ $lPtO~e! ; 1 , A.O. 1975 b~twNn ~
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- /~rth~ C Ssith and Sheila A. Saith. his wife
pf St• ~r11('.~f , Cpy~N Florida. 1rr~inah~r d~~ionatd as th~ "AAOQTGAGOR" and FIRSi FE~EQAI S4VIN~~ AND LOAN
1?358CIATION OF fORT PIEIKE. • aorporation oro~nis~d ~~d ~xis~inp u~ IM I~ws af tM United St~t~s of M+s~iu and havinp its principal plau of
bv~inas In tl» City of Fort Pi~ra, St. tuci~ Counry. f1orW~, l~amftK dnipeul~d p t1~ "MORiGAGEE."
WHEREAS th~ MORTGAGOR h 3A bOO~OO
hatiy k~d~b~~d b tM MORTGAGEE in tlw tum of = t * ~ yood ~nd lawful maney o( th~ Unit~d
St~t~s advu~c~d by tFN MORTGAGEE uoto tM MORjG~4GOR, ei ~vidH?ced by ~ csrtaio promis~ry..oot~' d~~ren date herewlth, of which tF» followinp M~ ;
wwJi ud ii9wes n~ trw topY. to-wit: r: F
= 38 , 600. 00 ' - - . ~ ~~o ,~.0021588
' Fort Pkrc~. Fiasd.. Septe~ber 16~ ~9_~
Fa valu~ rsceiwd, 1, w~ o~ eiiher of v~, prom;se 1o pay, withwt def~icotiw~, to ths wder of fIRST FEOERAL SAVINGS ANO IOAN ASSOCIATION OF
FORi PIERCE ar Fon Pi.rc., Florida, tM sum of s~• 6~• ~ with intereu from date at tM ra~e o~~Ye pw u~nurty in monthly install-
menti p follows: = 318 on th~ 2~t21 day oi ~C~~@I ~ 19 75 aod a lib sum on tFw cwrespa+d+t~p day of each month tMn- '
air~r until the whol~ be fully paid.
Eath installment firtt ihal! b~ applied in paymeot of th~ iNerasf ~nd then on tM unpaid balance of the p~inupal wm. If def~ult h m+d~ in IM
paymeM of ~ny inaiallmenl when dus. ~nd such defauit tontinues 30 days, then at the option of the holde~. ~nd without any otfier notice. all ths ~~mai~irg
installments ahall b~ dw ~nd payabk at once. Privilsps is piven to pr~paY thu not~ in whol~ w in p~rt at ~ny tirn~ without penalty. NeitFw? fw~bearante,
nor acnpta~ by th~ holder th~reof ~fter any defauh in ~ny p~yme~ts hereon, sh~ll b~ deemed extension. A late psyment ch+rg~ of S 15' ~ ~MII b~
sdded ~o sach instatlment remsininp unpaid 7 da~rs ahei ib du~ dat~. and ~ Gks sum sh~ll be addad to euh such insta{Imenf rsmaining unpaid 7 days afMr
each sutuedinp paym~nt date. ,
Each maker, surery ~nd endo?se~ Ixreof, jointly and teverally, waives dem~nd, pnse~tment protest and nolio~ of prote~t fa nonpaymsnt, ~nd fwthw
ayrees fo ~ny extensan of tim~ of payment, eithe~ before or after matu~ity, without notice to any of us; ~nd to pay all coiti of collecfion, incl~dinq ~
ressw+~ble attwney i fes in the eve~f of sny defautt hereund~r, a~d hereby severally waives all benefit of homestead ~nd exemption under the constifWion
and laws of eath Ssate of the United States, as against lhis obligation or any exteniiorf w renewal Ixreof.
Witneas the h~nd and seal of ~ath party.
y er s/Arthus C. Ssith ~
~ ' ~ N ~IIOR 0? TN~ ~u
qE q~ p~ Y NIpr1~I~lE rER~01ML ~lY. S 6 d a 1 t
57. 90 ~ r0 aM?r[t n•~3t. ~Cit a~ uTi.
~ ~ Stat~ R~v~nw ~E.~ tORM~ ~ ~U
(s~a~....~.Ysi «...~.4.,.~}. Cl~( q~Of11T D01iR'E. Sf. I~IGE C0. .
NOW, THEREFORE, ths MORTGAGOR fw tM pwpose of secv~ 38 600• ~ ~ ~ t~
ing p~yment of ~aid wm of ; ~
covawnn ~nd ay~eanen~~ herein~fter expreaed, and ia divers ~ood and wlwbl~ consid~ratioos, by thest pr~se,?ts, does y~anf, bsr~ain, sell, r~miu,
retesie, conwy and firm ynro MORTGAGEE, its s~ccauws and assiyns, ~11 that ceruin lot. pieu or partd of bnd, situate, lyinp, ~nd beiop in th~
~~~Y ~ ~t • LuC~@ and Stats of Florida, deurib~d ~s follows:
Apartsent V(306 ) OOLJ~NT~ADBS DOND~MINIUM #~9, according to the DeclaYat i,on af
Condoainiua recorded i~JO.R. Book 223, pa.ge 864, Public Records St. Lucie Couaty,
Florida.
~
TnGB?tEER WITH dll ap~urtenances thereto, together with an undivided interest in ~
the co~mon eleaents and liaited comaon eleaeats thereof,
SUB.7~CT 1~0 the teras, covenants, agree=ents, obligatiQns and provisions of said ~
~eclaration of Condo~iniu~ whic6 Mortgagor in all things does covez~ant to Mortgagee i
faithfully to obsezve and perfora. i
1
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By agreeaent of Mortgagor and Mortgagee on file with ;
Mortgagee, the within aortgage secures not only an ~
existing indebtedness, but also ADVANCBS to be HSRB-
AF'~SR aade by Mortgagee to Mortgagor, the aggregate ~
of which will equal the principal aaount specified
; in the pro~issory note secwced hereby. -
~ .n
c STATE FLORIDA ~
I o' `7 DOCUMEN?ARY~~ S 1A M P T!. -
i-' DfPi.IIF REVENUE;;' i'•'x i
~ r N _ " ~ t
E '~n ~ ~ P8. - SfPIS'TS~~ ~ 5 7. 9 0~ . ~
` ~
i ~ -
to9MMr with all and sin~ular th~ t~e~ar~tnts, hereditamenn and ~ppwunces tF~ereunro f»longinp or in anywis~ appertaininq thertto, u~d ~II nnts, issws, ~
proceeds and profin acauinp and to accrvs from said p~misea, all of which sre k+cluded in tMs ~bov~ and forparg d~wiption and Iwb~ndwn. ~
~ TO HAVE AND TO HOI~ the ~bove described snd ~ranted premisa unto tM s+id MORTGAGEE, in s~ccesson aid auiyro forswr. Md tlw sdd ~g
i MORTGAGOR iw tbeiY - Min, executon, +dministrstors •nd ~ssi~r~s, l~ereby cownanq with ti~e uid HIORTGAGEE, in s~aessws ~nd atiprr, i
i th.t ~leY aZe lawfully kized of the said pn.nis~s in fe~ simpl~j th~t th~ ~ are frse, dear ud d'ucl++rycd from ~II 1'iaa ~nd ~nown~ f
! b~~nus in Isw or in ~qvity, and thaf t6ey ~II and their hein sball warrant and d~fend tFw titb ro the sam~ to tM wid ~
i MORiGAGEE, iri wctessors u~d assigns, faever apainst the lawfvl daims ~~d demarKla of all persons; #
i PROVIDED, ALWAYS tMt if ths MORTGAGOR shall p~y wno the IMORTGAGEE the promissory not~ hereinbefw~ d~scrib~d ud shall trvly, pnomp~ly ~
and fulfy perform, dixhsry~. ~x~cvte, comp~t~, comply with and ablde by esch aod ~v~ry the stipubtions, agreemu~ts, conditipy snd aovNwnts of ~aid r~
~ prpmifsoly ~ot~ and of tha AAwtpape, tMn this Mortyaps and the Estate hereby p~ated sh~ll nu~ snd b~ null ~nd void. !
"s
IT IS UNDERSTOOD that the word "Matpa9or" whefh~r in tM sinpular or plw~l ~nywher~ in this Maty~ge, sFutl bs sirgul~r if on~ only ud ~
shall be plw~l jointly and ~everally if mw~ tl»n one, and tMt the word "their" ~t u~ed anywhere in this Mwt9ap~ ahdl be t~ken to m~an "hb„'• "h~rb•• a,p ~
w"in," wherwer the come:~ w implies a admin. Alw. N»t wherever the~e is a ref~renp In th~ coven~~ts ud pr~em~nts herein oomairnd ro aryr of o°A
the parties hereto, tlw um~ ahall be conshued to mean as well u the heirs, f~y~l rprttentatives, wtceuon and ~ssiyrq (eitMr vol~nbry by ad of fh~ ~ ,
partief w iovoluntary by opeation of the kw) of the same and that tF+~ covensnts herein cont~in~d shall bind and tF~s beoefits and adv~t~s inun
` ro the respective I~ein. Ip~t represe~tatives, successors and au°yrn of tlw p~nies h~reta
; Md ssid Mortyapw~, for tF+emselves ~nd tF~eir Fwin, ley~l represent~tiv~s, woceswn and wipns, hereby jointly and itvaally aowrMnt and aprN
r W
; to and with th~ wid MORTGAGEE, ib a~cceuors ud aasi~es:
1. To pay all and sirgular tM princ;pal ~nd interest ~nd tM vario~s and ~u~dry wms of mw~ey paYabl~ by virtw of said promiuory nott. ~nd thb ~ ~
morty+pe, each arw! evtry, promptly on the days respsetively tlx ssrne qv~rally b~c«rr dw. -
f 4. To pay all snd ~inpul~r th~ t~xes, aueaunentr. Iwies, liabilitip, oblipatian and tncumbrances of ~very natwe ~+d kind now on ~aid dnpib~d ~ ~
w~h, a that hasaha maY be imPo~ed, wff~+~d. Pbced, levied, a~u~s~ad thereo~, or that Mr~after m~y b~ Iwi~d a as~sHd upon tl~k Maq- ~
ib
~ sye, a th~ tndebt~dness secw~d hereby s~ch ud ~v~ry, wMn dw and payable, aaordinp w law, befor~ N~r b~can~ delinquent. ~e+d b~iw~ ~np MM~nst Q~
~ arracF~es or any penalty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKOR~ TME SAME SHAII 6E PROMPiIY SATISFIEO ANfl oiseFU?~o of ~ €
~ RECOIW AND THE ORIGINAL OFFKIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTtON PAPER OFftCIAIIY ENOORSED ~
~ OR CERTIFIED) SHAII SE PLACEO IN THE HANDS OF S/11D MORTGACaEE WITHIN TEN DAYS NfXT AFTER PAYNIENT; u~d in tht twM tFwt u~y tMr~of ii rqt
' paid, ~at'sfied ~r+d dixhar9sd satd MORTGAGEE may sr any tir»e pay the same or ~ny psn ~hereof without waiviny o~ affectirg a~y option, lien, eq~ity a '
; •:aht under a by virwe of this morty~ye snd the fu{I amount of esch ~nd wery :~cl~ payrr.ent shalt be immed~stely dw and payabk and shall bear int~rest
~ ~rom the date the~eof until paid at rate of nine per centum per annum snd toyeth~r w7tb such iMerest shall be secwed by the lien of fh:s mor9ra9e. '
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