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THIS Ik~ENTURE, N4d~ tM 28th _ day of NOV@ab@r A.D. 19
7S b~twe~n
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Rranklin L. Oawson and A=abell~ P. Dawson. his wifo
of St . L.LCio Counfy Flotid+, htr~in~itN dt~gn~ted tM ~MORTGAGOR;' +~d i1R5T FEDERA~ SAVINGS AND [OAN
ASSOCIATION OF FORT t'IERGE, a owpwatio~ orqai+iz~d and ~xi~Hnp und~r IM I~ws of 1M United St~~~s of M+~riu ~~d Mvinp it~ pri~cipal plac~ of
bu~i~wu in tM City of Fort PiKU, St. l~tl~ Caioty~ Florld~. Mr~inahst dtspnat~d ~s ti?~ "MORTGAGEE:'
WHEREAS fM MORiGAGOR is iv~~ly ind.b~ed ro ~h. MORTGAGEE in ~h. ~um of ~ 27 •~0 • 0O 9ood and ?+wful monsy of fh. Un~rcd
St~ts~ advanc~d by tM MORTGAGEE umo the MORTGAGOR, as e~ide~,ced by a cena~~ promiuory ~ote of even d~te herewith, of which tF+~ (dlowinp t~
worda and (i9wes is a uw copy, to-wit:
~ 27.~0.~0 ~ ZDOZ1701
Forf Piert~, flwida, Novembe r 28 ~q 75
Fw value received, 1, we o~ either of us, prom~ss to pay, wilhoul defalcat~on, ~o Fhe order of FIRST FEUERAI SAVINGS AND IUAN ASSOCIATION Of
fORT PIERCE at Fo~f Pierce, Flwida, the sum of S 27 w;lh interest from date at the rale of9 • 259o per ennum, i~ monthly irut~ll-
ments as follows: = 248 on t1» 20th~y of January ~ ~9 76 ~nd a liic~ sum on tF?e correspond~np day of esch month therr
after unfil Ihe whole be_tuily paid.
Each inst~~lment fint shall bs app~ied in paymtnt of the interest ~nd ther? on the unpaid balance of the prinupal sum. If detault if rtude in fht
payment of any installme~t when due, and iuch dsf~ult continues 30 days, then e1 ~he op~an of the holder, a~d without ~ny other notKe, all tF+e remai~?g~p
instsl~ment~ shall be due and payabl~ at once. Privileye is piven to prspaY this nole in whok or in part ~t ~ny time without penalfy. Neither iorebearsncs,
_ nor ~cctptance by the holder thereof after ~ny defautt in any payments hereon, sMll be deemed extens~on. A late payrt?ent charg~ of i~x thall b~ .
added to ~aci~ inatallmeN remain~ng u~paid 7 daya afta its due date, a~d a like sum shall be added to each such i~stallme~t ~ems~~ing unpaid 7 d~yt afttr
esch succeedinp paymeni date. ,
Each maker, iurery arx! endorser Ixreof, jointly and sever~lly, waives demaod, preuntment protest and notice of prote~t for nonpayment, and furiher
agreef to ~ny extension of time of psyme~t, either beEore w after maturiry, without norice to sny of us; and to pay all costs of collection, includinp •
reasonable attorney's f~e in the event oE any deFault hercunder, and hereby severally waives aIl benefit of homes~ead and eaemption under the constitution
and laws of tach State of the United States, as ~~rirt~1 ti~is obl~gation or any exteos~on or renewal Ixreof.
Witness the hand snd seal of gsc}~ partY•
S/ Rranklin 1.. Dawson ~
. cs~W
S/ Arabelle P. Qawson ~U
~ $40. 50 ~ ~,t~ Revenw ~U
X
NOW, THEREFORE, tM MORTGAGOR fw tM purpose of secvri~g payment of u7d svm of = ?
~Q-~ , and th~ perform~rtce of tl+~
coveMnh and sgreemenb hereinafte~ expressed, ~nd for diven ~ood aod valuablt considerations, by these present~, does grant, barpain, sell, remise,
reiease, conwy and coniirm unro ths MORTGAGEE, in tucceuors ~nd auipru, ell th~t certain bL piec~ or parce! of land, situate, lyin~, and beiny in tM
~ St . Lueie ~nd State of florida, dexribed ~s follows:
i.at 2, Block 2, GREENW~OOD SUBDIVISION, as per plat thezeof on
file in Plat Book 11, page 41 of the public records of St. ,
Lucie County, Florida.
~ o~ ~7G ~(:~35 -GGr~~ -
By agreeoent of Mortgagor and Mortgagee on file
with Mortgagee, the Mithin aortgage secusea not
only an existing indebtedness, but also ADVANCES .
~ to be I~RBAF?ER vade by Mortgagae to ~lortgagor~
~ the aggsegate of which v?ill equal the principal
~ aaount specified in the pzouissozy note secured ~
R hezeby. , ~
. . . . . . . . . . . RDCFryEp . S Q w
` ~ ' .
i ~ ~M MYMEIff OF T1~3
- s
~ o r F L ~?.r ~ nt~ oN c~,ss ~ nrriwsie~ ~ ~
~ „ C~j'~'~'r~ p~~T PERSONAL PROPER(r~ .
~ - UQCUMENTAQ " ~ , $T!?
M i _ ^ _ ~ ZO C11A?iER 71•131,
~ ~CTS OF 19/1. ;
~ ~ 7 ;;E~ t. ef
~tE~~riuE :~iT ' qFRK CI ~ ~ll :
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~ rogeth~t with all and tingular tM te~+ements. hereditameori ~nd +ppurtances thertvnto belonying a in ~nywise appert~ininp thereto. ~nd ~U r~nri, issua.
proceedt u~d profit~ stcruing snd to ~ccrue from ssid premises. all- of wh(ch ue induded in Ihe above snd forepoinp dacriptan and h~berdum.
TO HAVE AND TO HOtD the above described and 9r~nted premises unto tM said MORTGAGEE, ib s~ccessors u+d assigra forevar. Md the wid
f
- MORTGAGOR for ~hQlr - hein, executon, administrstors and •isgns, hereby tovenanri with tht said IKORTGACaEE, its s~xtt~sors uw sftipns, '
~ the are
rhat y lawfutly seized of fhe said prem~ses in fee simple; that the same us free, cle~r and discharged from ~II Iknt and ~ncu~m-
brances in law w in equity, and tMt t~y will and their hei?t shall warrant and defend tM titk to the sam~ to tM ssid
~ MORTGAGEE, its succeuws snd auigni, fwever s9ainst fhe I+wfvl daims and demands of all peraonss ~
PROYIOED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promi~sory rate trreinbefwe described snd ahalf truly, promptly ?
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~y and fully perfwm, d~scharge, executs, complete, comply weth ~nd abide by each and every the stipvlationa, preements, conditiau and covenanb of said
promiswry note snd of this Mortyape, then this Mat9sye +nd the 6tste hereby vtated th~ll uase and be null •nd void.
~ IT f5 UNOERSTOOD thst the word "Mortypor" whether in the s~n~ulsr or plunl enywhen in this Mortyaye, shall be sirputar if on~ only u~d
~ sh~ll be plwal joinNy ~nd stveralty if mote than on~. ~nd that the word "their" ~s used snywhere in this Mortpage shall be t~ken to mean "I~a;' "hea;' ~O ~
or ^its," wherever the contexl w implies or admits. Also, that wherever there is ~ referente in the coven+ntf ~nd ~Qreements hetein oontained to anr Of
~ rhe parY~ heaeto, the ssme shall b~ comtrued ro me~n as wetl as the heiri, leyal r~prese~tstivp, svtceswrs and auiyns (eithet voluMary by acf of th~ .
- parties or involuntary by operstion of the I~w) of the sam~ and fhst the covm+snts herein contained shall bind and tM be++efin and ~dvantapp inw~
~ to the ~eip~ctive he'us, kQal repres~nbtives, succeuas and ass~gns of the panies hereto. '
~ Md uid Mwtgsyon, for themselves and tMeir he'es, le~at represent~tiva, suaesson and suiqro, herrby joimly snd s~verslly oov~M ~nd prM
+o and with the iaid MORTGAGEE, its s~rccessors ~nd auipra: -
p~Y ~rgular ths principal ~nd inten:t ~nd tM variovs and iundry ivms of money pay~ble by virtw of s+id p?omissory nott, a~d thb ~ {
1. To all and i '
mortyaps, e+ch and every, promptly on the days respectively tM wne Hv~rally bec«ne dve. ;
~ t
2. To pay all and s~nyular ths taxes. ~ssesunenb. Iwies, liabilities, oblgstiora ar~d ~ncumtxancss of ~very natws ~nd kind now on said dewibe~ ~
propNty, w t?Nt hereaft~r may b~ impw~d, suffer~d, pland, bvi~d, w a~s~s~d thereon, w tM1 i~ereaffer may b~ levi~d or auessed vpon this Mat~-
+9e, a tFr indebtedness securd her~by ~ach ~nd wery, wMn dw and p+yablt, aaordinp ro la,w: b~for~ they bscome deli~qvem, and b~for~ ~ey inhr~sr
attaches w any penalty is incwrcd; AND INSpFAR AS ANY THEREOF IS OF RKORD THE SANSE SMALL 6E PROMPiLY SATISf1EU AND OISCHARGED OF
~ REGORD ANp THE ORIGINAt OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIALLY ENDORSEC
OR CERTIFIED) SHAU BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; u~d in the evem tF?at ~ny ther~of b not
pafd, utified and d;scharged sa:d MORTGAGEE m~y at sey time pay the ame a any part thereof without waivirq a affectin~ +ny option, li~n, squity or
~ •iqht vnder or by virtva of this mortyaye ~nd the iull amount of each and every such psymeM shsll be immediately due and payabk and shsll bNr iMeteft
~rom tht date ?he~eof until p~id ar nte of n~ne per centum pn annum and toyeiFxr w~th such intereit shall be secured by the lien of th:s mor9tape.
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