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1HI5 INDENTURE, INd~ tFii 3sd day of . ~er AD. 19_ 75 b~tw~n
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~ KBL.LY CONSTR ION QOMPANY, a Florida Corpozation
of SL. j.NCl! ~ Counly Flaida, ha~ituft~t d~~ig~ated as tM "MORTGAGOR;' and FIRST fEDERAt SAVINGS AND LOAN
ASSOCIAiION Of FORI PIERCE. • oorpa~tion wq~?is~d and ~xisti~ u~ th~ laws of tM Un~t~d St~t~s of Ama~ica and haviop it~ principal plau of
b~?sinu~ In 1h~ Gty of fwt Piwa. St. l~ci~ Cax?ty. Fbrida. lwr~inahK desiqnaad ~s th~ "MORTG/1GEE:' .
WHEREAS tl» MORTGAGOR h justiy indtW~d to th~ MORTGAGEE in tM ium of s 37 ~ 200. 00 9ood and law{ul money of tM Un~ted
. Sutes advanc~d by tM MORTGAGEE unto tM MORTGAGOR. ~s evide~xed by ~ certain promiuwy note of even date herewith, of which th~ foilowinp in
, word~ u+d (iyw~a b a t~w copY. to-wit:
~ 37+200.00 ~ ~ 10021625
~ Fwt Pierc~, florid~. ~CLO~Z 3 ~9 75
Fw valw nceived, 1, we or eitMr of us, promise to pay, without d~falcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE af Fo?t Pierce, Florid~, tM ~um of : 3712~ • with interest from date ~t the rats of 8• 75% per ~nnvm, in monthly Irnbll-
ments u follows: f 3~•~ on the Z~h day o! J8i1\idlY ~q 76 ~ a like swn on tM cwre~p«?dirq day of each month tF?e~r
~fttr unril tF~e whok be fully p~id.
E+tl~ installment fint shall be applied in payment of the i~terett ~nd then on the unpaid balance of the prinupal sum_ If de{ault is made fn the
payment of any installment wMn dve, and wch default tontinws 30 days, then at Ihe option of the holder, awd wi~hout any other notice. all the remainin~
iroullm~nt~ shall be dw and payabb ~t once. Privile~~ is give~ to prepaY thia nole in whol~ or in part at any t~me without penalty. Neither fw~beararxe,
nw aco~pt~nca by the holda~ thereof after any default te any payments hereon, sMll be deemed extension_ A tate paymcnt chuge of =1'S_~3O sh+ll be
added to e~th irotallrr~t rem~ininp v~psid 7 days after its dw date, and a like sum sMll 6e added to each such in~tallment rsmaining unpaid 7 days ahK
each succeed'ug payment date.
Each maker, surety ~nd endaier hereof, jointly and sever~lly, w~ives demand, presentment protest and notiu of protetf for nonpaymcnt, ~nd fuAhet '
sgrees to any txte~sion oi time of payment, either befor~ a~ after matwity, witfiout ratice to any of us; and to pay ~II cosn of collection, includirg a
reasonabk attwney i(ee in ths evrnt of ~ny default hereunder, and hereby severally waives all benefit oi homestead and exemption w?der the corotitution
and laws of exh Stale of the United Sutes, ss agai~st this obligaiwn or any extension or renewal hereof.
w~t~ess rh~ h~~d ~~d s~a~ of esch Pa~ty. KB1.LY CONS?RUCT ION G~OMPANY
. (sEiW
Corpozate Seal Ilffixed ~ BY: S/ tGellv Ha11a President ~wU
cs~?U
G ,s 55• ~ ) Sr~t~ Rewnue • - (3~?U
_ NOW, iHEREFORE, th~ MORTGAGOR fw th~ pu?pose of iscurinp p~ymem of said sum of S 37 , 20~ . ~O ~nd tM pe~fonn~nce of th~
cown~nb and apraemenn he~ein~fta expressed, and for diven good and v~luable caaiderations, by tl~es~ presenta. does yraet. baryaini, s~ll, woise.
~ releas~ tonv~y ~nd confirm unto ths MORTGAGEE, ib wccesson and auigns, all tMt oertain bf, piece p puoel of lu~d. sitwt~, lyinp, and bekq In th~
~~~y ~ St . j.11C la ~~d Sut~ of Pbrida, dexribed as follows:
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Lot 8, Block 8, ORANG6 BLOSSOM ES?A?BS, SB(~0[[~!D ADDTION, SE(~ND PLAT~
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! as per plat thereof on file in Plat Book 16, page 14~ of the public
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recozds of St Lucie County, Florida
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C By aqreesenL of Mortgagor and Mortqages on file with
~ Mortgagee, the within nortgage secuYes not only an
i' existing indebtedness, bnt also ADVANC65 to be HER6-
j'\ AP78R sa?de by Mortgagee to Mortgagor, the aggregate
of which will equal the principal asount specified
in the promissory note aecuzed hezeby.
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~ p STATE ~F FLi ~iCQ. ~ ,
~ ~ ~2 _ DOCUMfNTARY~-s St~:MU 'l~~. ~ ~ ~ ~j~p~~~T~
~ D~r7 ~f?EVENUE
:
j; ~~~y ' + ~ ~ ~C' INTANG~~ pfR~~
t_ N M - - • !L~ PROPFRI~
¢ ~ << ~ _ ~ :~cr ~s ~ ~ 5 5. 8 0 1 ~ ~~i.i~, ncrs oF ~n. '
_ ea. ~ ~;~d ~
_ ~ ~ ~ az ~ a~ ~ ~
~ ° s~?. u~ co„ Fu
~ topethN with all ~nd singulu tl+~ tanemaett, hereditame~p snd appurtances there~mto belagirg a in anyvrae appertainirg the?eto, and all re~ts, lssws,
~ proceeds and qofin scuuirg aed to acuue from said p?emis~s, sll of wi~ich u~ induded in the above and foreyoirg description and habadum.
TO HAVE ANO TO HOLD th~ abov~ dewibad and 9ranted pemis~s u~to the ~id MORTGAGEE, its wocessors and auipn~ fweve~. Md tFN s~id
~ MORTGAGOR f4r lt$ heirs, execvton, administraton and auigni, hereby toven~nri with the s~id MORTGRGEE, ib s~rotsswn and assipns,
that lt 15 ~W{utly seiud of the s+id prem~ses in fe~ simple: that tM surk u~ fru, ckar aid disch~rped from all tiuu ~nd M+cum-
brances in law w in equity, aaxl tha+ 3,= will and it8 hein sFwll warrant ~nd defend the titte fo the asm~ to fhe said
~ MORTGAGEE, i:~ suaeuon and us7gro, faever ay+insf tF~e lawful daims and dem~rKls of all perwru:
~ PROVIDED, ALWAYS that if tFw MORTGAGOR sMfl pay ~mto tl+e MORTGAGEE the promiswry note hereinbefor~ described ~~d ~hall Iruly, pranp4ly
~ •nd fvlly perfwm, distl~rr~, execut~, tompkt~, comply with ~nd abide by e+ch ~nd every tFw stipulatian, preements, conditiom and oownanb of said
promissory note Md of this Mortgape, then thit Mort9ay~ a~d the 6tate her~by ueated sfull ceas~ and be n~ll and void.
~ IT IS UNDERSTOOD that the word "Mort9apw" whether in tM sinpulu or plural snywMn in tF~is M«tysqe, shall be sinpula~ if on~ only uid d i
shall b~ plwal jointly u~d severdly if mor~ tF»n one. and that tl+~ word "their" s used anywhere in thh Mortyape ihall be taken to mean "his," "h~rs," ~
w'its," wherever the context w implies or ~dmits. Also, that wherever there is a reference in the coverwnts and apreemenri herein oo~tsirnd to any of ~1 :
~ tM partiet here% the ssm~ ahall be cautrved to mean as well s~ tM heirs, leyal representatives, successors snd ~aqra (either volvnt~ry by act of tM
~ parties or imdvntary by opewtion of the I~w) of t!w s~ne snd that the coven+nn herein contained shall bind and the be~efib and advantapu i~~ ~ i
to the respective he'vs. Ipal representatives, successors and ~ss°yra of the pKtia hereto.
And said Matyapas, for themselva and their Min, leyal repretentativa, wcces~ors and assipns, hereby. joinHy sed sswrally cov~r?~nt ~nd aprN
~ to snd with tl» s~id MORTGAGEE, its svccesson and auiyro: ~
1. To pay all and sinpula th~ printipal and intaest and the wriovs and wndry svms of nwney paY+b(~ by virtw of aid promis~ory not~, snd thh~ i
~ mo~rty~ye, tach and wery, promptly on tM days respettiv~ly the same sev~ralfy become dve. ~ ~
~ 2. To pay ~II and sinpvla tM axa, assesunenn. I~ries, lisbilities, obli~stiora ~nd encwnbrse+cea of ~very MfiN~ Nld Itifld now on said dacrib~d~ ;
WaP~+~Y. ot that h~re~h~r m~y b~ irnpo~ed, suff~r~d. Plaud, levied, a asses~ed thereon, a that he~esftar m~y b~ levi~d a wessed ~rpon thNIy1er~,.w ;
~ye, a tM ird~btedn~w secwed hereby, exh and ~very, wMn due and p+ysbl~, acco.dirg ro law, before tMy becorm delinqueM, and b~fon any im~r~atv ~ f
Y att~ches w any pendty is incuned; AND INSOfAR AS ANY THEREOF IS Of RKORD 7HE SAME SNAII BE PROMPTLY SATISf1E0 AYD DISCHARGED ~ ;
~ RKORD AND THE ORIGINAL OFFKIAI DOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RKEIPI OR THE SATISFAC110N PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAII dE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENTj u~d in the tvent tMt any the~~of is no1
paid, sat'sfied and dixhar9ed sa;d MORTGAGEE may st any time p+y the same a sny part the~cof withovt w~iving w affectinp any option, fien, equify a
•ipht under a by virtw of this mortg~ge and the full amoum of each and every wch paymeM shslf be immediately due and payabk and shall btar intaqt
~rom ~h~ datt thereof u~til paid at nte of nine per centum per a~mum and topether w~th such int~rest shall be secured by the lien of th's morgtsQe.
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