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31st December • 7
THIS INDENTIiRE. Made the_____~___.____ day of A.C. 19_____~ betv•een
S~-_~. ~I~~€~--~RSI --11 '1Z.Qli]i a M._ Wdt eZS_.-hl s ~r i f-,~
-~-Zuc~.e -
of County Florida, heralnal~er drsi~r.atrd es the "MOkIGAGOR," and fIRST iE~ERAL SA\~",NGS AND LUAN t
aSSOCIAiION OF FORT PIcRCE, a co~po~at~c,~+ organieed and ex~~t:ng ~nder ~he I.,Ni of the Un~ted S~aws of Amer~ca and having itt principal ple-e of
bus~nest in the City of Fo~t Pie~ce, 51. L~cie Cou~ty, Flwida, hereinafter des~gna~~u aa the "MORTGAGEF:'
WHEREAS the MORTGAGOR a ~usHy inJe~ted to ~he MORTGAGEE in ~I~e s..~r~ af S--~1-01000• 00-_- . 9~d artd la:r:ul ~noney oi the Gnited
~•~res advancrd by the h10RfGAGEE ~+~~o the MUkIGAG~)R, as e.~J~~nc~~d by a.rrr, n~.~onnsswy no~e o! e.rn date 6e~awith, of v.h-cn 14e ioliowing in
i.: d~bnd lisiuJe. ji,Q t~uc copy. to-~,~n: ~ 110~376
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f~« P;~,~@, f;o~;d~, December 31 19?5
Fw ~afue :rcewed, 1, v.e or ~-~th~~r o+ vi c;•om,~ac lo pay, v.i~hout ocf.+!cy~o^ ~t.• o•cier .f FIRST FECrRAI $AVINGS AN~ LOAN ASSOCIATION OP
1T pIcRCE ~f fo~t P~ar,e, F:enda, thr 3,:n uf S2O ~ 0~~• ,.~s~ frc,;~~ cJ,tr ar ~he rata of 8• 5__°o pe~ annu~n, in monthly insfall-
~s ds :o.Va: S_ _ 162.. ~ o„ ~i,20t.h__. „f Febru~,~y_ ;•,76_ ,,,d a ~~RC sum on the correspond~ng dey o~ each month there- ~
~rru fhr vcnole be futly ~:c~d.
E+ch insta:irrent I~rst eh~il be aFp':•:d ~n ~>ar~nen; of tt:e «~tere;! and rl . n~;n thr vnpa~d 1,~'ance uf ~he princpal sum. If de(ault ia made in the
rnt of any ~ns'a::~nent wh~~n d.re, ar.d ,u~:h d.inu!t coni~r.~rs 30 ds•;a, th~n at •i~~• o{;r~,n of ~he ~~o:der, a,~d v.~tho~t an~ ct'rier noi~ce, all the remain~ng
,:ments shalt ba d.,r and paysulr a~ c,r.ce. Piiv~iryr ~s y:~.,•n to µrrpay thu ncte i~ wiio~e or in part at any t~me w~rhou~ penalt~. Nei~her forebearance,
• icceptance Ly tF~e i~o:dar ti~r'rcof eit;~r a~y defa„~~ in any f.ay•~.rnty F,_rron. s!:;~ be d.emed extrns~cn. A:ate paymen! tharge ol S8• 1O sh31~ b@ (
: d to r.:ch ir s~a~~•ner~t r~ma~n~:~y 4nY~,~f ] u+ys af~zr ~ss d~~e di+e, ond e.._~ s: ~r.~fi ua ad; _d to zach su:n ~nsta{Ime~T remai:iing unpaid 7 dayi after E
r~ succeed~nc~ payrrent cfare.
Eath maxa:, svruty and rn.r;~sen c~recf, ~u~~~r'.y ond srvcrat~y, xa~ves d_• ne::~.. ~:rsentmtnt protrst and notice of proteft fo~ nonpayme~t, and fu:the~
~~~s to any e.erem~on e' s.~~~e o! H,~n~cnt, .:!n~-r b~?oce o~ aster f~1d7U 1Y, Vti:Tt ..::I CE' to any of us; ~nd to pay a!I costs of co!lection, inctud~ng a
.:•at~!e attor~e'y s F••a :n •he e~~n~ c` ~r.r dc`.ou'r r~e~r~nJ~r, ar.d he~eby i:::~•,::y -.sves a11 txn~fi! of homrslead and exemphon under the tonftitution
:~•n~s ol each S+sir u~ •i~c :...•:C ~ra~ez. 3s a~a~'~sr thiz oti~yaf~:>n or any e.t.,r;s•o+~ r. ~entwal hereaf.
'N,tnesa +he ha~~d ~~~d se~l u~ ract~ Far I'S•~ . S~ G. L. Waters
f"....'`T~~~ ~ ~ , ' (SEAL)
L..~ ~ csEA~~
I~C~C~.~MEN7AR~;,~==: ;.~STAMt~ ~n~.
~,f;;;.-~~ ~tYEfiU~ S/ Vir inia M. Waters (SEAt)
$ 30 . oo = _ ' 3 0. 0 Q ~5~?~,
) _ V~y'J'~~ ~ .
Ssate Re~enue P.B. ~ ~Z~~'~~-
?~,~4~S~eXi+1Ce1R2$~6~GlG~?~K~(~ = t t ~ _ 2
NON, THEREF~RE, fhe AnORTGAvGR for the µu:pose of sec•~ring paymem of sa?d sum of j?~ • 0~ , snd the performance of the ?
.:c~ams and agraen,cnrs here:n~(rer expr~ss~d, ar,d for d~vers good and vai~ab!e c~r.a~de~at~ons, by Iheee presems, does grant, barga7n, sell, remise,
->>e, convey ar.d confi~m unto the 1rOR1GAvEE, its svcccasors ard assigns, alt th~~ cer~ain lot, piece or parcel of tand, situate, lying, snd bei~g in the
;.cunty of St . Lucie ~ and Srate ot Flur~da, descr~bcd a~ iollowt:
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~part~ent No. 102, Building VII of ISLAND HOUSE OONDOMINIUMS, PHASB II,
according to the Declaration of Condominium and all exhibits thereto '
dated May 13, 1975, recorded July 10, 1975 in Official Records Book 241,
pages 1626-1700, of the public records of St. Lucie County, Florida, together
with all of its appurtenances according to said Declaration og Condominium
and all exhibits thereto and together ~rith all tenements and hereditaments
thereto belonging or in anyarise appertaining to said apartment.
SUBJSCT to the terms, covenants, agreements, obligations and provisions of
said Declaration of Condominium and all exhibits thereto vvhich the Mortgagor !
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in all things does covenant to Mortgagee faithfully to observe and perform. {
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° By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the '
~ within mortgage secures not only an existing indebtedness, but also ~
~ ADVANCES to be HBREAFTER made by Mortgagee to Mortgagor, the aggregate
~ of which vrill equal the principal amount specified in the promissory t
~ note secured hereby. s
~cov~ r n d ?~Y ~
~ oue on ce~ss ~c
~ie~ v~sa~r
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j~'- p~o p Pu+~u~ ro ~n.~ a~ ~1~~ s
c~wc a~onrt cou~ sr. ~ oo, Fu
,~r',er w~ih a(! and atngular the trnements, hered~taments and appurtences thereunto belonging or in snywise sppertaining ihereto, and all r ts, issues,
,:cezds and profits acc~ui;g and to accrue fro:n said premises, all of which are induded in the above end foregarg dewiption and habendum.
TO HAVE AND TO I=OLD the above descri6ed ar.d gran?ed premises unto the said MORTGAGEE, its suctessors ~nd assigns forever. And t!N said
~ ;;?iGAG~jR fw - thell--____ he~n, executws, admin~strators ai1"d assigns, hereby covenanis with fhe said MORTGAGEE, its sutcessors and ~ugM,
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~ -t"'Qy are- IawfuUy se;:ed oi the said p~em6ses in fee simple; that the same a?e free, dear and discharged from •11 liens and encunr ;
:-•.e: in !aw or i~ equ~ty, and that__they w~ll and _ thelr heirs shall warnns and de(end the title to the same to fht ~aid - i
~ ~RfGAGEE, ita successors and assigns, fore~er aga]nst the law'u1 daims and demands of all ~rtons; '
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PROVIDED, ALWAYS thar if the MORTGAGOR shall pay unto Ihe MORTGAGEE the promissory note hereinbefore destribed and ahall truly, promptly '
~ „?~,(iy perform, d~scharge, exewtq comp~ete. comply wi~h and ab~de by each aod every the stipulations, agreemems, ca-~ditioro and tovenanri of said
~ swry nofe and of this Mortgage, then this Mortgage and the Estate hereby aeated shall tease and be null and void. ~fLy
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~ IT IS U!JDERSTOOD that the v~ord "Mortgaga" whether in the singular w piural anywhere in this Mortgage, shal) be singula? if one only ~nd C i±
~ ,.a'.! be pl~ra! joimly and sever~tt~ if more than one, and that the wwd °the~r" as used anywhere in this Mortgage sF?~I) be taken to me+o "hif;' "hen;' fi_
~ - ~ts," wherever the con!e~ct so impties or aomits. Also, that wherever there is a reference in the covenants snd agreemsnts herein tontained fo ~ny of ~
e~anies hereto, the ssme shall be conser~ed ro mean as vvell as the heirs, fegal rep+esentativet, s~tcesiors and assigiu (either volunury by act of th~ :
c a~r:es or invo~untary by operat:on of the law) of fhe same and that the covenanrs he?ein contaioed shall bind a~d the be~efits and advantayss inur~
~ •o !i:e respective heirs, legsl representatives, succeswrs and asrgns of the parties hereto. ~ i
~ And said Mwtgagors, ior themxlves and their heirs, legal representatives, succcuors and assiyns, hereby jantly and seve~ally coven~r+t and spree :
~o and with the said MORTGAGEE, its successors and ats~gns: ^
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~ 1. To pay all and singular the pnncipaf and interes? and the various snd sundry sums of money payable by virtue of said promissory not~, and fhi~ j
mor+gage, each and every, promptly on the days respccli~ely the same several{y becomr due. ~
° 2. To pay all and sirgvlar the ta:es, assessments, levies, liabilities, obl~gations and encumbrances of every nsture and kind now on ~aid described ~
croperty, ot that hereaher may be imposed, suffe?ed, placed, levied, or siseased thereon, p tMt heresfte? may be levied w assessed upon this Mort¢ ~
a~e, or ~he indebtedness secured hereby, cach a~d every, when due and payable, xcording to law, befae they become delinquent, and before ~Mr inte~est
+•-c~es or any penalty is incurred; AND INSOfAR AS ANY TNEREOF IS OF RKORD TME SAME SHAII 8E PROMPTLY SATISFIEO AND DISCHARGED OF ~
=~CORD AND iHE ORIGIhAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT Oft THE SATISFACTION PAPER OfFIC1AtlY ENDORSEO
CERTIFIE~) SHAtI BE PLACED IN 7NE HANDS OF SAID MORTGAGEE WITHIN 7EN DAYS NfXT AFTER PAYMENT; and in the event that sny thereof is ~ot
~ : a:d. sat sfied and discharged sa'd MORTGAGEE may at any time pay ?h~ same w any part tF.ereo~ wifhout waivirg w affecting any option, lien, equity w
•~~hr ~nde~ a: by v~~rue of rh~s mo~rgage and the f~ll amount of each and every such payme~t shatl be immediately due and pay~ble end shal! bear interest
~ c'. ~'~~-e-:r _ c.~ ci •n~e of ~lne per cenrum per annum and logether w~th such interest shall be secured by the lien of th s morgrage
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