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MORTGAG~ D~ED ~'~~3
5 t' luc i e (~qlliltl~
THIS MURTGACE !?tada Tws i> day ot ~ecembe r .~e I$ , . '
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by and be~w~n Pea r 1 Wi 11 i~ms • widaw of Harvey Lee Williams e~
Ru6T AnP~ 1 , hls . ot j
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St~~ Lucie Cuunly. 5tste ot Flnrir~a , Aerelnatter whetber ane or more called the "Marl- S
uagor". hes bec~me ~ustly indobled Leon County~ 6u i 1 d i nq SUpp ~ Y ~ ~1C . of ~
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6rowa rd County. Stete ot F 1 or i da , Iwrelnafter c:ali~.d t6e "Murigego.i', la Ihe sum of ~
Three thousand three hundrpd fn~~rtv-e1~ht ~ 2!1/100 ~~S ~s ~~4A ~
~viden~d by a promissury ~e~e ot oven date howwit6 in Ihe totel amount set forih abovo. payat?le
in 84 monthly ittsealiments in 1he sum o[ Th i ~tY-n i ne and 86/ 100 ~
DOI.LARS (S 3.9_ 86 1. thc (itst payment comau~ncinK on the T- day ot Fe~u ra ~v , '
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19 76 . and continuing on 1he sune day oiL+Ach tnunth Ihetesatter until fully paid. tc~ether with late c6erytes ot tive 151 cents per SI.00 i
~~n each iastellment not paid wi~~ ten (!0) days o( ihe due dete. but nut exceeding ihe lawful maximum. end lnterost after meturity at the rate.
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NOW. tqr and in cuasideralion ot the a(oresaid indebtedness ancl tu secure the prompt payment ot thU sames. MortRagut has bat{tained and
wld and duf.•s herehy Rraat. bar~tain. seli and oonvey unto the said MoHRaRee. his successors and assiRas• ihe [ollawing described lot or pamel
~~f land situateci in St' Luc i e c:ou~~y. sieie ~t ~loride. ~o Wit: Beg i n i ng at the Southeast
corner of Tract 17, GARDEN CITY FARMS Sectio~ 5, Township 35 South, Range 40 East ~
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according to the Plat thereof recorded in Plat Book 2 Page 5, public records, ~t. ;
Lucie County, thente run West 200 feet for the Point of Beginning; thence continue ,
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West 100 feet; thence North 150 feet; thence East 100 feet; thence South 150 feet ;
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for the Point of Beginning. ' j
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i ToRelher with all riR6ts. memt?ers. pri~~ileges. here~ditaments, easements and appurtenances belonRinR or appertaining. MorlgaKor hereby
' ~:u~•eaants and wanaais to the MoriRaxee. his heirs. successors and assiKns. Ihat he has a fee simple tide to safd propeHy. free from all en-
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~ cumbrances except: • •
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Eagle Finance Corp c~:~;~,}~~N7qR~.~,--:;z,STi=~~~ "f~ ~ )
Ft. Pierce :~~;-~?-k~vEtiuE . ~
0. R. Book 246 .Page 1256 _ . _ = zn , `~"-t ~ _
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~ ~ TO HAVE AND TO HOLD all and sinKular the aforeRranted and barRained p~mises unto lhe Mortgaqee forever, provided always lhat it
the AlortqaRor shall and wiU pay to ihe order of the MorlRagee. accvrdinR tu its tenor and etteci, t6at oerlain promissory note of even date
herewilh and secured hereby end any other sums which 6ecome owinR by the Mortgagor to Ihe MorlKagee prior !o cancellation her*:of. then
this murigage shaq cease. terminate and be void, otherwise to remaio in tull torr.e and etfect.
The MortRaRor agrees and covenaMs to pay all tax^_; and special assessments aRainst the pmperty and aRrees to pay all tax~~s levied uuder
the laws of this State on the indrbledness secured hereby. MorlRaQor turiher co~•enanis and aRre~s that he will at all times until the release of ~
this mortKaRe keep in (orce a pulicy of insurance oa fhet portion o( the rtwclKeXed property which is fnsurable cx~verinR loss and JemaRe by
tire and the other casualties covered by the usual wmprehensive casualiy insurance pol(cy. Such policy shall be with an Insurer acceptable to
, the MortKaR~• ~n an amount not tess than the balance owing upon the indebtedness secured hereby, with loss payable to ihe MorlKaRee. In Ihe
'K evnnt ot loss. MortqaRor shall Kive immediate notice by mail to the MortRagee. who Nill make pnw[ of loss i( not made promptly by the Mort-
~ ~;aRor. and each in~urance compauy cuncerneci is hereby autMrized and direcled to make peymenl tor such luss directly l0 1hF MortKac;ee in-
~ stcad o( to the MortRaRee and MorlgaRor jointly but. in the eveot any ~x+ymenl is made joindy. MorlRaRor hereby autlwrizes MortRaKee to en-
~ durse his name on any check. dratt or m~~ney orcier as his attomey-in-(act. Upun payment tor loss. the MortgaRee may at his u~le opUun apply
y€ yuch pmceeds to r~iuce the balance ot the indebtedness. or to resture ihe mortRatte property. In 1he event MortRagor shali neRlecl or re(use to
~ obtain sald insurance or pay any taxes when due. then the MortKagee may at his sole option oblain such insurance or pay ap such laxes or both. ~
and all sums expend~d there(or are hereby secured by this tnortRatte and s6a11'be due immediately tnrm MortqaAor tu AlortgaKee with lnteresl
:~t the rete of 19~. per annum from the date oi paymeni by the biortqagee until paid. '
~ The MortKaRor aRrees and an~enenls that he w711 ma[ntain the mor:RaRed property in y;ood conditiun and not to commit ur to permit anyune f
else to commit waste. re.asonable wear anci tear excepted. Up~n the tailure of Ihe Mortgagor ro so maintaln the mortQaged property. the Diort-
~aKee may cause reasonable maintenance work to be pertormed a! the cost o( Ihe MoriRaRor. My such sum so expended shall be due immodiate-
~ ly from Mortgagor ~+iih ir.ferest at the rate o( ItM. per ennum from the date expended until peid.
~ The 1?1ortKagor hereby ~•est~ the I~tortgaKee wilh the tull power aad autbrity. upc~n t6e breach of any cocenant or warrent herein a~ntained.
~ ~r upon any de(ault in tt~e payment of any installrnent provided in sald note or any renewal or exlension there~ot. or In the F^rfom?ance ot eny
aKreemenl herein contained. to declare the entire indebtedness hereby scscurexl immediately due and payable. without noUce lo any person. to
~ proceed to forecluse this mortRaRe in acconlance with laws oT~tl?is Stateti ~ '
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