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31'~921, ~
26th Se te~ber 75 ;
___THIS INDENTURE, Mad~ the d+y of P w.o. ~v_~ betwkn ~
Rodger Sitzd~?nn and Rroda 5itzma~nn, his wife
p/ _ St. ~.UC1Q „ Covrtty flot'sd+, 1~ereinaftat dssignated as tha "lHORTGAGOR;' and fiR3T FEaERAL SAVIPSGS ANO tOAi~1 2
l~SSOCIATION Of FORT PIERCE, • oorpaation orpaoised ~nd exutiop undN the I~ws of tM Un7ted Stat~s of Amaic~ and Mvirg it~ princip~l pl~n of j
businhs In tM City of io?t PiKU, St. luci~ Couery, FlorWa, hsr~in~tt~r dtsiqoat~d ~s tM "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR is justly lrxltbt~d io th~ MORTGAGEE in the tum of , yood and I~wful money of the Uniled ~
SUMs ~dvanc~d by the MORTGAGEE unto the MORTGAGOR, as ~viderxed by a cert~in promiuwy nole of even date herewith, of wluch tF?~ followinp in
wordt ~nd fipur~a is ~ trw copy, to-wit:
~ 10'S00.00 ~ 10021613 ~
Wrt Piera. Florida. $@pt@eb@! 26 19 75 ~
Forvatw r~ceived, 1, w~ w sither of us, promise to p~y, witho~t dst+lcation, to ~he order of fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at fwt pitrce, florid~, the sum of : 10~ SO~ .OO with inte~est f~om date at Iha rate of~Q_°lo ps~ annum, in monthly install-
~~n u fo~~ows: t 95 on tM ?Q
h d~y of _~Y@aber , 19~~ snd s like sum on ths corre ~ da of each month tlxr~-
~~^9 Y
after until the whol~ be fully paid.
Each insallment fint ihall be ~pplied in payment of ths i~re?est and then on the unpaid balance of the p?incipal. wm. If default a mads in th~
paymeM of any installment when d~s, and such dalault continues 30 day~, then st the option of the holdu, and yvithout any other ratice, all the rem~inin9
initetlmenls shatl be dw and payabk st once. Priv[kge is yiven to prepay this note in whol~ or in part st ~ny time without penslty. Neither fweb~a~usts,
~or ~cc~pt~nt~ by the holda~ thereof aftar any def~ult in ~nY paYmeny hereon, shall be dcemed extension. A I~te payme~t cMrge oi sMll b~
~dded to each install~nenl remaininp. unp~id 7 days after ils dus dale, and a 1'ke sum shall be added to each such installment remaining unpaid 7 days ~fter
each wto~edi~p P+Yment dsta
EacA make., aurehr and endo.se. h~.~of, joinlly and xver~lly; ws~ves d-~and. Psc:-:~!--r:s! gro±rs! ~rec! n~rre of ~res~at fsr. ~_,ca.^!, arx! f~:~t4.gr
sgrees to ~ny extention of time of payment, either befo~e w sher maturity, without not~ce to any of us; and to pay atl co~ts of collection, includ;np a
reasonabk attwney's fee in tht event of a~y aeEaulf hereundN, and Mreby sevcrally waives all be~efit of homeitead and exemption under the conslifution
and lawt of each Seate of the United Statq, as ayainit this obligat'wn a ~ny extension a renewal hcreof.
Witness the hand ~nd seal of eath party. '
~ S/ Ro ~u
_ dger Sitz~ann
S Freda Sita~ann ~
t $15.75 ) Stat~ Revenw ~U
NOW, THEREFORE, the MORTGAGOR for the purpose of secvring p~ymeM of said sum of : 1O ~ 5~• ~ , and the
psr/o~nsnce of tF»
tovenanb ~nd apr~emenh hertinaftel eapreued, and for dive~s good and valwbl~ conside~ations, by thes~ prcsenta, does gr~nt, b~ryain, sell, remise,
release. co~wy and coniirm unto the MORTGAGEE, ib succeuas and u~igns, •11 tMt ceAain tot. Pkce w pucel of lu~d, sitwte. IYirg, snd beinp in ths
Co~nty of SL . I~C1@ , ~nd Stat~ of Florid~, described ~s fdlows: ~
~ ,
All of Lot 11 and Lot 12, IESS the south 30 feet. Block 13, SII.VER LA1~ {
PARK ADDI?ION, as pez plat thereof on file in Plat Book 10, page 8, of
i the public records of St. Lucie County, Rlorida.
i
By aqree~ent of Mortga9or and Mostgaqee on file with
Mortgaqee, the within aortgage sac~res not only an
exi~tiay iadabtedness, but also ApVANCES to be HERE-
AF?SR ~ade by Moztgayee to Mortqagor, the aggreqate
of which will equal the principal aaount specified
ia the prosiasory note s¢cured hereby.
M ~
' S TAT E~ F F L O R f~~': I ~m ; OU IN w?raa+r oF T~x~s
~ ~ UM E N TA R Y~; S i A M P : r. f oUE 01~1 CtASS ~C ~NiAt~tBIE 1'EIt901~M1 PaOPERfY~
=r N :Jr_}~( +'EVEYUE i Pu~wrt ro auwr~ na~ ~crs of i~~
y-~
K~ = = ~EF3~•~5 ~ ! 5. 7 5 ~°r` r°~`
~ o = { I 1 tr2 ~ ~ r~ ` ~ ~ a~ ~ ~ ~
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~ topeth~r with atl and unQulu th~ tenemena, hereditamer+ts u~d ~ppurt+nces N~trwMO b~longing a in anywis~ appKtainin~ thereto. ~nd all renb, tuu~s,
~ proceeds ud profits ~cauiny a~d to ~ccrve from said premises, all of w1iKh ~re inclvded in the ~bov~ ~+d foreywnp desviption and h~b~ndwn.
TO HAVE AND TO FiOtD tM sbov~ desoibed ~nd ~ranted premises unto the said MORTGA6EE, Hs suuesson ~nd assipm forswr. And th~ taid
~ their
! MORTGAGOR fw - heira, executon, administnton and auigns, hereby cown~nb with the s~id MORTGAGEE, iis wct~sfora and q~iptN,
i tMt - Lh@y a!¢ Iswfully seized of tM said pemises in fN simple: that tFw same ue fne, cleu ~nd discharped fran ~II liero and ~
bruues in Isw a in eqvity, and that- thBY will and t~l! heirt shall wsrra~t u~d dsfend th~ rirk a tM ~am~ to tM wid
~ u
; MORTGAGEE, in svcceuors and auigns, fweve~ a~airat ths Iswful claims ~nd demands of all penw~s;
PROVIOED, ALWAYS tMt if tFw MORTGAGOR shall pay unto ths MORTGAGEE tM promiuwy note hereinbefon describsd and sh+11 truly, pramptly
and fully perform, d~sd?~r~e, ex~cvre, compkte, compty with ~nd abide by each a~d every tM stipulations, a9reemer~ts, eonditiom and oovenanb of said
promissory not~ and of this IVtiortg~ye, then this Matyspe snd the 6tste he~eby aeeted sh~ll ceast and be null and wid.
IT IS UN~ERSTOOD that th~ word "Mwtya~a" whether in the sinpular a plwal anywlie~e in this Morty~qe, shall be sinpular if ons only ~nd ~O
shall b~ plwal jointly ~nd wvewllr if mon tha~ one. ~nd tlut 1M word "their" ~s used ~~ywhere in this Monysy~ shall be taken to mesn "hb:• "Iwn•• cd~~
oi "its," whaevn tM context so implip or ~dmits~ Alq, that whareve~ there is a reiere~te in tFK covenann ~nd ayreemenri Mrsin oonutn~d to a~y of ~t
the psrties hereto, the wme shall be cor~trued to mean as well as the hein, kpal represent~tives, wcuuws snd ~ssigro (eithe~ voluntary by sct of th~ ~
p+rties or involuntary by operation of the law) of the iarne and thst the covena~ts herein contained sFyll bind and th~ bernfit~ ud adv~nta~s kwr~ ~
ro th~ respactiw F~eirs. Ipal r~p?essntatives, succeuws and ~ss~yin of the p+rties hereto. ~
li to u~d with the sai~d t9MORTGAGEEti~n s~uccesson snd~iuipro ~~sl r~presenutives, successon ~nd auipm, hereby joimly and s~vewlly coveewM and ~pr~e ~
{
1. To pay ~11 ard sinpula~ the principal and intnest and the vu~o~n and wndry sums of moneY paYable by virtw of ssid promissory note. ~nd thb ~
~ mortp+p., each .nd .very, promprly on rhe days rapecrively rh. ~ame sevrslly become di,e.
; 2. To pay dl ud sirgul~r th~ qxes, assesunenri, leviss, liabilities, oblig~tam ~nd ~ncwnb~~nces of ewry natur~ and kind now on said d~wib~d ~
P?aP~Y, or tbat FIt/NNN rewY be imPofed, wffend. P~+ud. Iwied, or ~ue~s~d thereon, or that h~reafter may b~ levi~d or as+eswd upon tl~b Morq~ ~
a~e, a tM Ind~budn~ss secwed her~by. ~ad~ ard wary. whM d~e +~d payable, aocwdirg to law, b~fon thsy bscans d~linquan, and b~fo?~ sny h?ta~st
aneches o~ any panalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKOR~ THE 5/1ME SHAII SE PRO1MPiLY SATISftEO ANO ~ISCHARGEO OF
RKORD AND THE ORIGINAL OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIVT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSEp
OR GERTIFIED) SHALL SE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT /1FTER PAYMENT; u~d in the evtnt tMt ~ny tMteof is not ~
paid, sat'sfied and discharged sa:d MORTGAGEE may at an~ t~me p~Y the sartK or any part thereof without waiving or affectinp any optiao, lien, equity w
•iqht under or by virtue of this mortgaye and the full amount of each ~nd evcry such payment shall be immediately due and payabl~ and shall b~a~ int~rtst
~.om the d~te the?wf vnril psid at rate of ni~e per untum per annum snd toyetF~er with such intereit ihall be secured by the lien of th:s mwgtpe.
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Ssty,ui'"2' _S~."`F~t..r"~~~ . ~ r s,.GNCY!!