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THIS INDENTURE. Mad~ th~ Z6th ~Pt~~o= ~ A.p. 19
75. b~tvrNn
Philip P~arl and Blanche V P~arlLhis wifo a?~d
Gar L. Pea~l and Bsacba Pv~?r ~his wite
~ St . t.NC Y ' '~M flotida, ha~irnfiM d~~ip~yiated +s tM "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCUITION.OF fORt PIERCE. • oapor~tion orp~d and ~x4tlnp undM th~ I~w~ of th~ Unit~d St~t~s of ArnKka and h~vfnp In principal pl+a of
bu~inas h tM Cfyr d Fwt Pi~ra. Sf. Luci~ CountY. FlorirM. h~rtirnha dnfpoaad tM "NWRTGAGEE:•
WHEREAS th~ MORTGAGOR h(wtly indtW~d w tM 1NORTGAGEE in t!w wm of s~g•600• ~ pood ~ed lawful ma+sy o( tM United
St~te~ ~dvanc~d by th~ MORTGAGEE u~to tFw MORTGAGOR, as ~vidsncsd by a certain promiasory rate of even date he~ewith, of which th~ followinp in
word~ and' fipuns is • t~w copY. to-wit:
~ 25 , 600. 00 ~,~,10021612
Fo.t P'wro.. fio.w., ~pt~°b~! 26 19 75
~
fp valve ~~uiwd, 1, vw w ~itFw of us, promis~ to pay, witho~f d~falcatio~, ro tM ader of FIRST FEUERAL SAVINGS ANO IOAN ASSOCIA710N OF
FORT PIERCE +1 Fwt Pi~rc~. FbrWa. tM wm of ~ ZS~6~.~ with inte?est from dat~ at 1he rate of e•79~ pe~ att+um. in monthly ir?sta14
rnM~s as fdlows: i227.00 ~~20Lh ~y of Janusury 19 76 and a IFke sum on tF~ corresPo~dirg d+Y of ~ach nwnth tMrr
aftK vntil 1M whol~ be f~rlly p~id.
Each inspllm~nt fint shall b~ appli~d in p~ymsnt of tM int~?eit and then on tM ~npaid babnce of the principal sum. If def~uh b m~d~ in th~
psymant of sny imtallment wMn due. and wch d~f~vh continws 30 d+ys, then u th~ option of the holder. ud withq~.~Y otMr noY~ce, all the ~em~ininp
imtallm~nri shall be dw and payabk at oncs. Privil~p~ i~ piven to prp~Y this tah in whol~ w In part at sny tims without pe~lty. Neitha for~btaranoq
nw ~capt~+o~ by tM holder tMtsof ~Rer any dtfavh i~ anY psymenb hereon, sh~ll be dea~ned extension. A late p~yme~+t charye of i~~~. sMll b~
•dJed ro~ach i~qNm~t remsininy~ unpiid 7 days ~hsr its dw date. ~?d a like sum shall be added ~o each such inttallment remaininp unp~id 7 days aft~r
each soca~edinp Wrm~n1 dat~. , . ; . . _ .
Ead+ maker, swety and ~ndorser Mr~of, ~ointly arK! severally, waivas demand, presentmant protest and notic~ of proteat fw nonpaymant, and fwtlwr `
aprees to~? ~xteruioe of tirr?e of paym~nt, either I~efa~ a+RK m~turity, without noric~ to any of us; ar+d to pay dl cosb of collection, includinp a
reasa~ble ~ttoroly's fe~ in tM ~wnt+d sny' dtfwlt hN~undr. ~nd Mr~by severally waives sll benefit of homeatead and exemptian unde~ tFw cotutifution
snd laws of e~ch Stat~ of tht United States, ss ~y+intt 1Ns;oblipation or~ny extMSion'or r~l herwf.--
~tnsss ths Mnd and s~al of Nch P+?hi• .
~ S/ Phil#p~P„~~r2. ~
~ ~ ' S/ Bla~nctw V. Pearl ~
C/ [~~rv i_ Pourl
- - - .-•.t: ~
$38 . 40 ~l B~?~cbara G. Pear 1 ~
t ) st.r. a.v.ew
NOW. THEREfORE, fM MORTGAGOR for th~ pwpos~ of secvrl^p WYmem of Nld swe of ~ ZS•600.~ , and tM perfo~ of th~
cov~nanq and ayrwrtNnq Iw~eio+Ner ~xpresssd. and fw divera ~ood ~nd valwbb tonsidentions, by thew presents, does prant, barpsin, s~ll. r~mia,
rete~se, conwy and ca?f'am unto tl?~ MORTGAGEE, its succ~ssors and assipna dl that cena&~ la, piec~ a paroal of land, situa», lyinp, and beinp in th~
~~y St . Ll3C2~ , ~nd Stm of Fiorida, wwioed as foiiows:
~ West 26 feet of Lots 24 and 25 and east 54.28 feet of Lot 26, Block 3
~
~ WAGNBR SUBDIVISION, as per plat thereof on file in Plat Book 9, page
~ -
~ 74, St. Lucie County, Public Records.
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By aqzee~ent of Mortqaqor and Mostgaqee_ on file with
Mortgaqee, the xithin ~ostgage secures not oniy an
~ existing indebtednvss, but also AflVANCBS to be I~Rfi-
~ AF?FsR ~ade by Mortqagee to Mortgagor, the aggregate
of whicb will equa the principal a~ount specified
in the pro~issory note••secured heseby.
~
~ STATE ~F FLJ~fCDA 1 O
~ ~Z p D*JCUMEN?ARY STI~ M P Z A}. I ~ ~M
~ e-~ ufi''e.'vf REOENUE ! ~ a~ ~C' NITAN6~@(~ P~ T~~
~ K ~ _ = ocr -r~ _ ~~_t~ ~ 3 8. ~ ~ 1 ~ ~i-i~,
~ ~oratn,
~ P.9. ^ ~ INi[~ ro1i~q
~ = r~?oz ~ CLEiiI(
. o - M'
1~1R OOIJIt'(~ ST. ~+tlClf 00~ ~LA
~J\`n . ~ . . . . . ~ .
\
top~tMr with all wid singulu th~ ter~e+wms. Iw~editamaeb and ~pp~?tances tlwrav~ro belorginp o~ in any~wis~ ~ppertai+~+p therea, ad dl renta, iuws.
~ ' procNds and profits ~cwuinp ~+d to acuw fran s+id punises, all of vrhkh ~n includsd h the abov~ ~nd fa~poirg d~wfption and h~bendwn.
TO HAVE MID TO HOID Ha ~bov~ deacribed and yranted pranias ~nto the aid MORTGAGEE, its successon and assipiu fe+r~wr• Md th~ wid
AhORTGAGOR fw t~i! hein, ea~cvton, administrators u~d ~s~igro, hertby oown~n» with ttw said MORTGAGEE, its woutwn and asiprr.
G rMt t~Y aZe I~wfully t~ized oi th~ s+id premisrs in fM simpl~s that th~ wns ue fr~s, cl~w ud discl~aryad froen ~I{ fiay and ~tKVn~
~ t ~ brances in law w h puity, and tfi~* t~y will ~nd thel! Ik;n sFull wursnt and d~fend tM titl~ ro th~ w+w to th~ aid
~ `~C. ~ N{ORTGAGEE. Its suco~uon ~nd as~pns, fwewr s~airut tlw lawful claura uid demard~ of all persoru:
~ v PROVIDED, ALWAYS that if ths MORTGAGOR shall pay wno tM 1NORTGAGEE 11» promisswy not~ hereinbefor~ d~wib~d and shdl trvly, pranptM
~ i`~~ ~ ~nd fully p~rform, discl~a~e, txttvt~. ~rt~kt~, tamply with and abide by Nch and w~ry th~ stipvl~tio~s. ~pr~nents, aaditfons uid oov~n~nb of s~id
~ ' C~ promiswry rat~ and of this Mort~a~, thsn thia Mo~rtya~e and tM &~at~ her~by vs~ted shall oeast and b~ null and vad.
~ ' IT IS UNOERSTOOD th~t tM word "Mwt~apa" whether in th~ sinyulsr or plw~l arrywher~ in this Mwty~t, slwll b~ sirgular if a+~ only aed o~
~ ahall b~ pl~rd ~ointly and s~verally ff mor~ than one. ~nd that the wwd "their" ~s wed anywher~ in ti?ia Mo~tpap~ sh~ll b~ tak~n to m~an •'hi~,•• •'Mn.••
' K~ ~ or "in;' whersver tM content w implies or sdmits. Also, tlut wherever ther~ is • refKer~ce in ths covenanb ~nd preem~nb herein oomaind to tny of ~
tM putia h~reto, th~ sxne ahall b~ co~strued w mean ss w~ll u the heirs, kyal npnwmatives, s~a~saon and ~uipro (eiiFwr roluntary by act of th~ ~
r,~. p~nip or involuntary bp ope~ation of the law) of th~ wne and that the coven+nn herein cont~irwd shall bind and tM bawfin u~d dvant~s irwn
to tM rapedlve hein, Ipal ~ep~sentativss, suaesson and ~ss~yin of the parties haeta j~
Md said Mw~yapors, for tl+~na~lva and th~u Mirs. Is~+l npre~ent~tives, svoceawn ~nd +ssipm, h~rebl? ioi~th and ~ally ao~vKw+t ud aprN s
to snd witl~ fh~ pid MORTGAGEE, its s~toesson and ~ssipro: ~
. 1. To p~y ~II ~nd siegvlar ti» prineip~l and im~rat and th~ vuio~s ~nd wndry wms of monsy payaW~ by vinw of wid p?omiswry not~, and this ~
mortpapt. ~acb and twry. Wa+Wtly on the d~ys r~spectively tht saen~ ~wrdly bstam due. O
i Z. To p~y all and ~inpvla~ tM ta:a, aNSwna~b. Iwiws. IiabilNies, obllyatiom ud ~ncuir~bnnoea of ~wry natun and kind oow on said d«afb~d
P~~Y, a that hK~aft~r may b~ i~npoKd, suffKed, d+c+d, bvied, or swswd tMnon, or tbn MruAK may b~ Iwi~d or a~esssd upon thN Mat~ ~
ap~, a ilw indebf~deKt~ ucund har~bY, e~ch and ~wry, wrFwn dw and payablf, auordirg b I~w, b~fon tlwy bacom~ ddinqu~M, and brfon any iq~nst
•naciws a sny penalty b inwrredj ANO INSOiAR AS ANY THEREOf IS OF RKORO THE SAME SHAII 6E PROMPTIY SATISFIE~ AND DISCNARGf~ Of
RKORD AND TME ORIGINAL OfFIC1Al DOCUMEN? (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAFER OFFICIAILY ENOORSEO
OR CERTIFIEO) SHAII 6E VIACED IN ?HE HANOS OF SAID MORTCsAGEE WITHIN TEN DAYS NEXT AFTER P/1YMENT; and in tht w~M tlwt any tMnof Is nol
~ paid, sat'~fi~d u+d disd+uQed u:d MORTGAGEE may at amr time p~y the sam~ or any part thereof withovt w~ivinp w affsctinp a~y option, li~n, pvity a
•tpht undN a by virtue of this mortyaye ~nd ths fvll amount of each and every wch payment shall be imrn~diately due ~nd p~y~bl~ and sh~ll btar im~nat
Erom the dNe thereof vntil paid st rate of nine per c~Mum per arnwm and topNher w~th svch iMere~t shsll b~ s~cvred by the lien of th:s mor9ta~e.
~ N~r~ ~ ~ 4 ~ ~
~.~_a~~r-' . .~s._;~~.~~~