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~~14'~0 ~ ~
THIS IN~ENTURE, N4d~ t 1 th a.,, of Novemb~I' A.D. 19_l betwta~
Jamea . haxtoa and Lynn . ta on, ~ w Pe
of S~i. Luaie ~a,n~y Flwida, Mrein~flN dc~ignated as the "MORTGAGOR," and FIRST FEDERA! SAVINGS AND IOAN
ASSOCIATtON Of FORT PIERCE. ~ cwporation ay~ni:ed and exiitinp und~r tF» laws of ~hs United St~~~s of Nmsrica and h~vir+p iq principal plac~ of '
buiin~u in tl» Ciry of Fw~ Pi~rc~, St. luci~ County, florid~, bereioalta de~p~ruted ~s ~M "MORTGAGEE"
WHEREAS tM MORTGAGOR is jwtly i~b1~d fo the MORTGAGEE in ths sum of f-T LOOO ~ , gopd and lawful money of t~x UNted '
Slatea adwnced by the MORTGAGEE unto ths MORTGAGOR, as evidencrd by • cen~m prom~sswy no~e of even date he~ewith, of wh~ch Ihe followin~ in
words aod fiyuref is a trw copY. fo-wit:
= 7.000.00 ~,ioo2168
fat Pierc~, Ftaida, November 14 ~q
fw value received, 1, we w either of us, pro~mfise to~j y, without defalca~ian, to the order o1 FIRST FEDERAI SAVIN S AND IOAN ASSOCIATION OF .
fORT PIERCE at ForfJ~~eres Fbrida, the sum of r f 00 w,th ine~e~re31 hom date at the rata of~' 2~ per annum, ~n monthly instalb
ments ~s fol!owi: S`~1 •b~ ZOt'.t'lday of December _ 19 5 and a like sum on the cwrespond+ng day of each mon~h there-
a(ter until ~he whola be fully paid.
Each instaltment first shall be applicd in payment of the interesl and then on the unpaid balance of the prinupal sum. If default is made i~ the
paymcnt of any instatPment when due, and wch defavlt tontinues 30 days, then at the option of Ihe holder, and wi~hout any other notica, all the remainirq
installments shall be due and payabie af once. Privile9e is pive~ to prepay 1hi~ note in whote or in part at ~ny t~me without penaity. Neither forebcarante,
nw acceplance by the Fqlder tFkreof after any defaull in a~y paymenfs hereon, shall be deemed cxlension. A late payment cMrge of ~a~-, shall be
sddad ~o each in~tsltment remsininp unpaid 7 days aft~r in dw d~te, and a I~ke sum shall be added to each such ins~allment remsinirv~ unpaid 7 days ~fter
each succecding payment date.
Each make~, suraty and endorser hereof, jointly and severally, waive~ demand, prexntment p~otest and notice of p~otest (w nonpayment, and funhtr
agrees to any exteman of hme of paymenl, either before or after maturiry, without not;ce to any oF us; and to pay ell coats of cotlection, includ+rp •
reasonable attorney's (ee in the_ event of any default hereunder, and hereby severally weives all bene(ir of homes+ead and exemption u~der the constitulion
and lav~n of each Staie of the United Stafes, as aga~nat this obliya~ion or •ny e:tens~on w renewal herroi.
Witness the hand and seal of each party.
. . _ ~l Jame a B. ThQxton ~ ~„u
(S~+U
a/ Lynn A, Thaaton ~U
~ ~i o . 50 , 5~.~. R~~~~,~ ~w
itt+~P. i.`null~ «ti.or:,i..6.~.w
NOW, THEREFORE, the MORTGAGOR for the purpose of sec~r;ny payment of said sum of S 71000 ~ .•nd the performance of 1h~
covenanta ~nd ~r~lmenf~ hereir?~fter expreued, and fo~ divers good end v~luabte consideretioni, by these presents, dxs g.ant, baryain, sell, remise,
release, convey and confirm unto tF?e MORTGAGEE, its succeuors and auipni, alt that certain lot, piec~ w parcel of land, sit~ate, lying, and being in the
tou~ty of St . Lu e ie , and State of Florids, de~uibed as follows:
3
. 2
Tbe East 60 feet of the West 120 feet of Lot 1~7, MARAVILLA ~
QARDENS SUBDIVI3ION, UNIT N0. 1, as per plat thereof on
file in Plat Book 6, page 55, of the Public Records o!' St.
I,ucie County, F'lorida
~ruis~s •
us~ ow~c ~ ~ ~ O~ - 3 5+ - /~'4
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the within mortgage ~ecures not only an
eai~ting indebtedness, but Qlso ADVANCES to be ~RE-
AI~'TER made by Mortgagee to Mortgagor, the aggregate
of which will equal the principal amount speclPied
in the promi~~ory note secured hereby.
~I
_ - - - - ~
~i^A.T~ _;F =~^r;;
I~~'JMENTAPY SI:, nr•. t_!, j~ I
' ~ ~i YCr~.~J~. ~ ~
~ - i:e. = vGY2~'lE ''~t-" ~ Q. ~J ~ = M1R1lMNT Tip ~MMlCI~ p~~~M91f~~ -
m ~ _ _ ~ ROGlR'PpRqAS~ Of 19/1. ~ l~ ,
. ~RK CIROUR OOUN1. ~ LUCIE 00. H/l/> /
/
topeti+sr with all and sinpula? the tenert?ents, hereditaments and app~rtances thereumo belorginp p in ~nywise apperta;ninp ther~to, snd ~11 renq, issws,
proceeds and profiti ~cuuing and to xuue from seid prcmiscs, all of whic}~ xe i~cluded i~ the above and forepoi~q dtsuiption ~nd habendum.
TO HAVE AND TQ NOID the above dewibed ~nd 9ranted prcmises unto th~ aaid MORTGAGEE, iti iucceuors and +uiyns forever. Md tM said
MORTGAGOR for thei r___ executas, administntors and aasigns, hereby covenants with the s~id MORTGAGEE, it~ sutttssors and usipro,
thet ~hQ~ Iawfully seized of the said p?em~ses in fee simple: that tFw ~ame ~re (ree, ckar ~nd diuharged from all lieru and ~ncwm
brances in law w in equity, and thst they w~~~ their h~in thall warrant ~nd defend the tifle to tM same to fM s~ld p
MORTGAGEE, it~ successon a~d auigns, fwevN syainst the lawful ctaims •nd demands of all pcraons; 7
PROVIQED, AIWAYS tF~at if the MORTGAGOR aMll pay uMO the MORTGAGEE the promiuwy note hereinbefore dewibed end ihall truly, promptly ~
and fully perfum, d~uhar9e, eaecute. compkte, comply wiih •nd •bide by exh and every the itipulations, agreements, conditiau ~nd tovtnar.» of said €
promissory note and of this Mwtgaye, then this Mwtg~ge and the Estate hereby created sMll cease and be null ~nd void. ~
IT IS UNDERSTOOp that the word "Mortgayw" whether in the sirgular or plwel anywF?er~ i~ thi~ Mwtgage, shatf be sinyul~r if orn only and
•hall be plural jointly ~nd severally if mw~ tMn o~e, and that Ihe wwd "their" as used anywhere in this Mortgsge aFwll be taken to mean "his;• •'henpc
or "ib;' wherever the conteat w implies w adm~ts. Also, that wherever the~e it a raference in the covenants and ayreements herein contimed to any ~~o
the pa.ties her~to, tMe iame shall be consrrued to mean ~i well ~s the hetn, leyal rpressntativei, successws and aupns (either volunt~ry b~ act of t ~
partiet w i~voluntary by operation of tht law) of the same and that 1he covenants herein conbined shall bi~d and the benefib ~nd ~dvant~pts inlx~
to tM respectivs heirt, leyal r~presentstives, iucce~sws a~d ~ss~gns of ths parties hereto. ~
Md said Nlortya~on, for themselves u~d their heirt, leg~l ~~pr~sent~tivq, successors and ~ssigns, hereby join!ly and s~verally covenant ~nd ay1
ro and with the s~id MORTGAGEE, its succeuas snd ~uiyra:
1. To p~y all a-+d sirgular the principal and istersst end the wrious md sundry sums of mone ~
mortyape, esch ~nd wery, promptly on the dap respecfively tM t~me s~verally become dve. Y P'Yable by virrue of said promissory not~, and tF~~
2. To p+y all and sirgular the ta:e~, auessmenb, leries, li~bilities, obliyatiorn and ~ncumb~~~c~s of every nature a~d kind raw on said dewi~.~,
property, w that hcreafter may be imposed, suffe~ed, pl~ced, I~vied, a aue?sed thereor~, w that hereafter m~y bs kvied p asseued vppn this Matl
¢T
ay~, or tht ind~btedness secured hereby, tach and ~very, when due and payabb. ~ccadinp to law, betae lhty become delinquent, snd b~iot~ ~ny iMUpt i
~ttachet a any pcnalty is i~turrcd; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI dE PROMPiIY SAiiSFIEO AND DISCHARCsED OF~ ~
RKORD AN~ THE ORIGlNAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPF' pt THE SATISfACT10N PMER OFfICIAttY ENDORSEO ~
OR CERTIFIED) SHAII BE PIACED iN iHE HANDS OF SAID NIORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst a~y thersof is rat
pa~d, sat'sfied and dixhnged sa'd MORTGAGEE may at •ny time p.~ ihe same w any par~ thercof without waiving or alfectinp sny option, liee, equity a
•:qht undr a by virtue of rhis mortyaye ~nd the full amouM of e~ci~ and every ~uch payment ihall be immediarely due and payable and sF~~ll txar int~rqt f
~rom the date thereof u~til pa;d et r~te oI n~ne per untum per ~nnum ~nd together w~th such interest shall be secu.ed by rhe lien of fh:s morptaye.
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