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THIS INDENTURE. 1Nad~ N~i~ 21st d,y ,f Nove~bfr ,~.p. ~9
7S- b.~w.«+ ;
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G. B. Ws?lt~rs and Alliec• Walto~s~ his wit• `
of $t • ~+~lCi~ ^ Coynfy Fiorida, ha~inaftK designated p fM rMORTGAGOR."' and FIRST FE~ERAL SAYINGS ANO IOAN
ASSOCUTION Of FORT PiERCE, • oapa~tion orpu~fud u~d ~xistinp undM IM I~ws of th~ Unit~d Stu~s of Am~riu ~nd Iwvtrg iri ptintlpal pl~q of
busir~ in t!» City of fwt PiKU, St. l~ti~ Counry. Florida, husin~iqr d~sipnat~d ~s tM "ARORTGAGEE.••
WHEREAS tht N10RTGAGOR is jwtly ind~b~~d to th~ MORTGAGEE ln Mt wm of s 26~~~•~ pood and i~nrful money of tM Uo7ted
States ~dvenced by tM MORTGAGEE umo tM MORiGAGOR, as tvidanced by • urtain promiasory note of even d+te her~w~th, of wh~tF~ ths followii+p ie j
words ~nd fipur~t is • trw copy. ?owit: . '
~ 26.400.00 10021693
P~~u, Fi«~d,, Noveab~r 21 ~y ~S
for v~lve recsived, 1, we w ~ither of us, promise to pay, without daf~lcatiw~, to the o.de~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATipN OF
FORT PIERCE a~ Fort Pie~ce, Florida, the ~um of ~ 26s.4~•~ wi~h inte~eu trom da~e at ths rate of 9•~96 per a~n~m, in ma+thly Iratall-
menn ~s foIlows: S 238•~ on tl+e Z~h day of ~z~ 19 76 ~nd • like sum a+ tM cwrespondiag day of e+ch month there-
afler until the whol~ be fully p~id.
Each ~nstallment first sF?~II be applied in payment of th~ interest ~nd then on thc unpaid bal~nce of tM princ~pal wm. If dehuh i~ m+J~ in ths~
payment of any in~tailmenl wMe due. H+d such defauh continues 30 day~, then at tF~e opfion of the holder, and withov? any other r?otice, sll t!a rtmaini~p '
~nstallments shall be dw and payable at once. P~ivile~e i~ given to p~~p+y this note in wfwk or In part at ~ny time without penalty. Neither forebtararict, '
nw ~cceptanc~ by the holder thereof after any default in anY paymenrt hereon, shall be deemed extensan. A late payment charye of ~ 11' ~ sha{I b~ ~
aaded to each i~stallme~t rtmaining unpaid 7 days affer ib du~ date, ~nd a like sum shall be added to each such installment remaining ut~p~id 7 d~ys after
each succeedi~y payment date.
Each maker, w~ety and endwur Mreot, joimly and sever~lly, waives demand, presmtment _protest and notic~ of protest fw nonpayment, and fu~thw
agrees fo any extension of time of paymcnt, eithe~ befora w aiter maturity, without notice to any of us; and to pay all costs of collection, i~dud;np a
reasonabk a~tor~ey's fee in the eve~t of sny defauft herevnder, and hereby teverally waives all benefit of homestead and exemption undet 1M constitutio~
and Iswt of each State of the United States, as ag~inst •this obliga~an or arw extension o~ renewsl F»~eof.
Witness the hand and seal of each p~rty. B Walt@Ys
~ s /G • • (SE/?U
~ (5~?U
s/Alliece Walt~rs ~
~ ~39• 60 ) Stat~ Revenw ~u
(9~aripr ~ceMad ~ ~wt~) • '
NOW, THEREfORE, ths MORTGAGOR fw th~ purpose of securing payment of uid sum of = 26 +4~ , snd tl+~ performsnce of th~
covenann and ~Qreements hertu~a(te~ e:{xessed, and fo~ diven good ~nd valwble considerations, by thes~ p?esentt, does grant, bu~ain, :ell, remise,
release, to~vty and confirm unto tM MORTGAGEE, ib avtteuots and ~uipn~, ~11 th~t certain lot, piete w putel of land, situste, lyirg, snd bewg in tM
~ St. Lt1C~~ and State of Flo?ida, d~sc?~b~d as follawr.
Lots 20 and 21, Block 3, I.INOOLN PARK NO. 2, according to th~ plat thereof on tilt
in Plat Book 4, Page 77, Public Records of St. Luci~ Couaty, Rlorida
By agreeaent of Mortgagor and MoYtgagee on fil~ with
MortgageQ, tb~ within ~ortgag~ secwces not only an
existing indebtedness, bat also ADVANCBS to be NBRB-
~ AI~BR =a?de by Mortgagee to Mortqagor, th~ aggregate
of which will equal the principal aaount specified
in the pro~isaory note s~cured hereby.
~ _ ~ a ~04- soi- G~ oco%
~ ~ ~ ~ a~a~_ oo
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I ~r STA-rE -~F~O F? I Cs t~ ~ '
~ - ooC!~MF~~TAR~~=: _:.._.stA nn ~ s ~ ~ - ~ri
E z ^ ~;F REVEHU~ " ~ RECEIYFD IN ~AYMO'R OF TAl(E3
c ~E~ o~c`~
~ _ _ ~c~?2.•~5 ~:~~:•~"~~P - 3 9. 6 0 1 ~ o~ a~es ~ ~Nr~wsie~ r~o~u ~o~mt,
v- P8. ar~' f PtlRCllAt(T TO (~IAP~~^ 't-1't~ .~".tS OF 197L ~
~ a _ :i?U: - - ~ { ~ : ' ,
CLERK CIRCt11T G:..', C.~. F(A
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; topeth~r with all and iirgulsr tFw tenements, hereditaments ~nd appurtances tFnreunto b~longiny or in a~ywis~ appertaininp ther~to. ~nd all rents, bsvrs,
€ procs~ds and pofin acauinq and to accrue from said premises. ~II of whKh ue i~cl~ded in tM abov~ a~d faeyoinp d~scription and h~bendwr~.
~ TO HAVE AND TO HOLD the above deu?ib~d and Qrsmed premi~es unro th~ aaid MORTGAGEE, ib waeswn u~d auiyns forever. Md tM s~W
thliY ~y by coven~nts with the si~d MORiGAGEE, it~ suoceswn and assipro,
~ MORTGAGOR for - Mirs, eaecuton, administrs~on :od au' ns, here
that tbQX aY~ I~wfully seiud of tM ~aid pemisss in iN simple; thst tF» s~rM u~ frN, cl~u ~nd d'acl~rped froen all Iieru u~d ~
t
brances in Iaw or in equity, and th~L tblV W,~~ th~ir hein sha11 warrant a~d d~fend the title ro th~ sam~ to tM Nld
AAORTGAGEE, in iucceawss and ~uigns, fwever sysinst tFw lawful cla'unt a~d demands of ~II persoro;
PROVIDED, AlWAYS that if t1+s NIORTGAGOR shall p~y unro the MORTGAGEE tF~s prornissory not~ hereinbefor~ d~wib~d and sh~l! rruFy, promp~ly
~ and f~lly perform, d~scharpe, e:acute, compkte, comply with ~~d ~bide by each a~d ~very the stipulatiau, ap~cem~n», conditam ~nd covenu?1s of said
promissary note and of this Mortyage, thN? tfw Mwty~e and tM Estste F~~reby veated sh~ll cease and b~ null ~nd void.
IT IS IfNDERSTOOp thaf fhs word "Morrqspor" whether in the sirgular w plwd anywhere in this Matyape, shall be sinyular if on~ only ~nd 70
ahall be plural jointly and teverally if mwe th~n ont, and tMt the word "their" af vsed anywhere in this Nlortyay~ sh~ll be taken to m~an •'hk," "hsrs••
w"ia;' wfierever the context w implies a admits. Also, tMf wherever there is a r~fere~u in rM covenann and ayrecmenn herein conr.ined ~o any of "~~w
' the parties i+eroto, tFw ~arr~ shall bs construed to mean +s wsll q the heirs, kyal rtp~esematives, suaesson ~nd usig~x (sither voluntary by ~c1 of fh~ ~ V
( partie~ w involu~tary by ope~ation of the law) of ths sarns ud that the covena~ts he?ein contained aMll bind ~nd the benefiq and advanta~s inw~ ~
ro tM nspective he+n, kyal representativ~s, succesiors and ass'qiu of th~ puties he~eto. ~
Md said Al~wtyapws, fw th~mklves and their heirs, teyal repnscntatives, s•xcesson and ~uipns, h~reby jointly and ~everaUy coven~nt ~nd ~prw ~
~ ~o and witl? the ssid NWRTGAGEE, its sucusson arx! assipns:
~ 1. To d) and si ular tM inci 1 and intertst snd tM varioin +nd s~ mon~y p~yabl~ by virtue of ~aid promiuwy not~, and thb
s pay rg pi pa ndry sums of
E morty~pe, tach and tvMr, promptly on tF~e days resp~ctively th~ samt awrally becortw dw. -
~ 2. To p~y alt ud ~inpular tM uxa, ssaesunents. Mvies, liabilit~, oblipafiau and encwnbaeces of every natvr~ and kind now on s~id daaib~d ~
= prop~rty, o~ that F~eahe~ may b~ impo~ad, svffer~d, pl~ced, bvied, a aaessed tl~ereon, a tlwt hereafter may b~ kvied a asseswd vpon thit
~ ~ye, w tM ind~btadness secur~d hK~by, sach and way. wh~n dw and p~yable. ~ocadinp ro law, before tMy b~corn~ ddinq~rem, and befor~ a~ryr i~a ~
attacf+ss a~r?y penalty is incvrred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII 6E PRQMPTIY SATISFIEO AND OISCHARGEO Of
; REGORD ANO THE ORiCaINAI OFFKIAI OOCUMENT (SUCH A5, FOR INSTANCE, iME TAX RECEIPT OR THE SATISFACTION PAPER OfF~C1AllY ENOORSfD
; OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXt AfTER PAYNIENT; ~nd in tM ewnt that any tlwreof is not
p~id, s~t"sfied and dixhuged srd MOR~GAGEE may •t any time pay the same ot •ny psrt thereof withovt waivirg w affecti~p any optan, lien, puity p
~~qht under a by virtue of this mor~ya9e and the full amount of euh and ~very such payment sF~all be immediately due ~nd psyabk and shall b~ar iM~rest
; ~•om tht date thersof vntil paid at r~te of nin~ per tentum per annvm ~nd to~ethe~ with iuch inttrest ~Full be secured by tF~e lien of th:s mor9tap~.
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