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THIS INDENTURE, Matb ths 25th day pi September _ ~p. 19_ 75~~~
HarYy J. Shaw and Bulah M St~ae~-+ hiw t,~a
of - St • L.UC~Q ~ CoixNy Fiorid~, MreiMifK dttyoated a~ 1h~ °MORTGAGOR;' and FIRST FE~ERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a co.poration orpanis~d ar+d ~xi~~inp und~r ~M laws of iM Unired S~u~: of M~eriu ~nd h~vw,p i» principd plap of
busirwu in ih~ City of Fott PiKU, St. luci~ Cov~y. NwWa, Mrtin~htr dasipn~ted +s ti+~ "MORTGAGEE:'
VYHEREAS tM MORTGAGOR a jvitly irnlebted b tl» MORTGAGEE in ths sum ot = 2O ~ ~ good and lawful money o( the United
States adv~nced by tM MORTGAGEE unto fhe MORTGAGOR, ~s evidenced by ~ tertai~ promiuory note oi eve~ da~e herervith, of which ths followinp In ~
wads ~nd fiyure~ is a t?w copY, to-wit:
= 20i000.00 10021610
Ne
fort Pierce, Flwids, SeptembeY 25 19 75
Fa valve receivcd, 1, we a eithe? of ~i, promiu fo pay, without def~lcat~on, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at fat Pieres, Fb?ida, the sum of S 20~~0•~ with inte~esi from date at the rate of ~~Q% per annum, in mo+~thly install-
R+e~~s as toltows: = 168. ~ 20tt1 day of Noveaber , ~9 75 ar?d a liks sum on ths cwre~pond~np day oi each month there-
sfter until the whole be fully paid.
E~ch inttallment firil shall be applied in paynxnt of tF~e interest ~nd then on the unpaid batancd of the prinupal sum. li default Is m~de in the
payment of ~ny instsllment whe~ due, and such defa~lt continues 30 days, then at tha option of the holde?, and withou~ any other ~otice, all the rtmsinirq
~nstsllmenq tMll be due and payabk a1 once. P~ivileg~ K given to pr~pay this oote in whok w in part at sny t~me without pe~alty. Neither (webear~oce,
nor ~cc~ptance by 1M Fwlde~ thereof after any. default in any paymenb hereon, shall be deemed exte~sion. A late payment chsrge of ;8 • 4O shsll be ;
added to each installment remaining unpaid 7 days ~her ib d~e date, snd a like sum shall lx added to each s~ch ins?allment remaining unpaid 7 day~ after °
each succeedinp payment date. , ~
E~ch maker, surety and endwser hweof, jointly and severally, waives demand, presentment protest and notics of praest for rwnpaym~nt, ~nd (urther
agrees fo any extension of t'wna of gayment, ~ithe~ before a afte~ maturity, without notice to any of us; +nd to pay all costt of collectia~, inciudinp a 3
reasonabk atto~ney's fee in the evenl of ~ny drf~ult hereunder, and hereby severelly waives all benefit o( homestead and exemption unde~ the conslitufiop i
and laws of each State of the United Staees, as agains! this oWpation or'any ~zta~san or renewal hereof. ~
Witneu Ihe hand and seal of ~ach party.
' ~ - ~ ~ s/Narry J. Shaw ~y
• ~ -
~ cs~?u
s1Bu2ah M. Sha~r ~U
~ $ 30. 00 ~ Stat~ Rev~r?w ~U
(St.e~pr N~Nei.rr «:pirNl.n.w)
NOW, THEREFORE, ths MORTGAGOR fo? the purpose of securirg p~yment of ssid sum of = 2O~ , ar+d the performance of th~
coven~nb ~nd ~greementi hereinafter e:p?eued, and for divers yood ~nd val~~bb coniiderations, by thess preseM~, does grant, bar~ain, sell, remise,
.etease, convey and confirm unto tFk MORTGAGEE, its sucuuors ~nd auipns, all thal certain lot, pieae a parcel of land, situate, lying, and be;np in ths
t,~n~y pf St. Lucie and St~te of Flwida, dexribed ~s followi:
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Lot 5, PIhE'TRBB PARK SUBDIVISION, according to the plat thereof on file in '
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Plat Book 15, Page 27, Public Records of St. Lucie County, Florida,
By agreeaent of Mor tgagor and Mortgagee on f ile with
Mortgagee, the within nortgage secures not only an
existing indebtedness, but also ADVANCBS to be HBRB.-
AFTBR aade by Mortgagee to Mortgagor, the a4gregate .
of which will equal the principal amount specified
in the promissory note secured hereby.
« " ~TaTE ~~F FLCCR!D~'; S . c~
A DOCUMEt`TARY;-~~ ; ST~:MF :t:>.
- - ~ ouE " iN r~n~arr o~ ~
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.~.~Pi.•1~ tctVENUF 'i j~}=:.. ~ d~~~~~'~~~n
2r N ,~~~i'•.r
~ = P.B. ~ $EP2S•;s~,'.:~
~,j-~' ~ 3 0. 0 0 1 ~ ~n
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o - ~:1::? : ~ ~ ~ ~ ~ ~ ~ ,~Y
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together with all and iingular the tenemen». heredit~menq and •~,n•nces thereona be~o~~~ « M anywiss ~ppert~ininy ther~ro. ~nd slt rants. Iswes,
i proteedf and prof~ts ~ccrving a~d to sccr~e from said premises, at{ of wi?ich are includ~d in tt~e ~bovt ~rd fwegoing description ~~d hab~ndum.
' TO HAVE ANO O yOtD the +bow describad and 9ranted premises unto tM ~aid MORTGAGEE, in succeasors and ~ui9ns fw~ver. Md th~ iaid
~ MORTGAGOR fa t~elY heirs, executon, sdministntas and auigns, heroby coven~nb with ths said MORTGAGEE, its succeswn and assipna,
~ rhst th~v ar~ ~~M,{ulty xiud of the seid premises in fee s'unple; tFyt th~ samt ue fre~, cku ~nd dix!»rped irom ~11 liens and- ~e?
brances in Isw w in equity, and tha+ they will ~nd theiY hein shall wurs~t and defend the titk 1o the sam~ to tM sald
MORiGAGEE, iri succeuors ~nd auiyru, faever ~psirat the Iawfvl claims and dem~ndi of all pcrsons;
PROVIDE~, ALWAYS that if the MORTGAGOR sF?sll psy unto the MORTCsAGEE the promissory note Froreinbefor~ dettribed and shall truly, promplly
and fully perfwm, diuh~~ye, exacvte, tompkte, tomply with ~nd abide by eath and every tl~e ~tiptilations, ~greaments, tonditiorq and tpv~nany pf said
promissory note ~nd of this Mortgaye, tMn this Mwtysge and the Estate hereby a~ated shall cease and be rwll ~nd void.
IT IS UNOERSTOOD tFwt ttw word "Mortyapor" whether in the sinyular or plwal snywhere in this Mongape, shall be ~inpular if o~e only snd
shall be plunl jointly and ~sverdly if mw~ than one, ~nd that the word "the'u" as vud anywhere in iFli! MOfi~i9! ~FNII bQ 1~I[M 10 fI1tM1 "his," "Mn," o0
w"its," whereve? the tontext w implies a ~dmits. Alw, IMt wherever there ii a refaer?te in the covenann and a~reements he~ein eor?taiMd to ~ny of oaD
tM parties hereto, the ~am~ shall be construed to mean as well ss tM hein, al r ~
le~ epresent~tives, successon s~d sui~ns (either voluntary by act of th~
ps?ties w imoluntary by operstan of the law) of the ssme and th~t the covensnti herein cantsined ~11 bind and rhe benefin .nd .dvamapes inur.. ~
fo the respective hein. Ipal represenhtives, succesiors and ssi~yns of the p~rt~es hereto.
Md aid Mwtyspon, fa themselves and tl+eir heirs, le9al repreient~tives, suaeuon and suiyns, hereby joimly and sevsrally co~rt~ant and agrN
to and with the ~aid MORTGAGEE, its successon and auigro: _
1. To p~y all and sirgubr tM enci I~nd interest ~nd the wriovs and aur ~
~ mwtyape, e~ch ~nd ev~ry, promptly on th~ days respectiv~ly tFN sams sev~r~lly becwn~ due, ~y ~Ysble by virtw of ssid promissory note. ~nd thi~ T
2. To par afl and Wigulu the taxes, assessmenn. Iwies, li~bilities, oblipstiaa and ~ncumbrances of every n~tur~ ~nd kind ~ww o~ said dacrib~d ~
woperh, or that hereah~r m~Y b~ imVosed. wffered. P~+ced, kvied, or aueued thereon, w tMt hereafter may bt kvied w as~essed upon this Mort~
age, or tM indebtedness ~ecvrsd her~by each ~nd w~ry, wh~n due ud payabft. Kcordinp ro law. before they became d~lirp~ent, and b~for~ ~ny Interesf
atrach~s a+rry penalry is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII 6E PROMPTIY SATISFIEO AND DISCMARGED OF ~
RECORD ANO THE ORIGINAL OFfIC1AL ~OCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SA115FACTION PAPER OffICIAtIY ENDORSED
OR CERTIf1E0) SHALL BE PIACED IN THE HANDS OF SAIp MpRTGAGEE Yr ITHIN TEN DAYS NEXi AFTER PAYMENT; and in the evenf thef aeryr tfweof a no1
paid, sst'sfied and distharged sa:d MORTGAGEE may at any time pay the same or any psrt tl?creof withovt waiviwg or affectinp •ny option, lien, pvity a
~~qht under or by virtue of this mortyage and the full amount of exh and evcry sech payment shall be immediately due snd paysbk and shall bea interqt
~~om the date thereof until paid at rate of nine per cen!um per annum and toyether w~th suth interest thall be secured by the lien of th:s morgt~9e_
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