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THIS INOENTURE, Mad~ the 22nd day of J~U~~ A.D. 19i_, between
Rg~~].d J. Carroll at1~Lr1.4Il~M,.~~11~ his ~rife .'r ~ _
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of ?St• ~1C3.9 ~p~~~y Fiwida, hereinaftet des~y+~ated as the "MORTGAGOR," and FIRST ~EUFRW, SAVINGS AN~L:IOAN
ASSO~:tATtON OF fORT PIERCE, ~ mrpwat~on wganized and ex~~~~ng under the iavvs of ihe Un~ted Statas of Americ• and havin0 ib pri~cipa) ~~ct of
business in ~hs City of Fort Pieres, St. tucie County, fiwida, hereinaher designaied as rhe "MORTGAGEE:' . ~
WNEREAS ihe A10RiGAGOR is juafly irxfebted Io ~he MORTGAGEE in the s~,n of S~2~-~~~~ - goad and Isvrf.,l i~bney~o~ the Un~ted
S~ates advanced by the RIORiGAGEE unio the MORiGAGA2, es ev~denccd 6y a crrta~n prom~ssory note ol even date herewith, of wh:ch ths followirg in
r.ords and figures is a rrua copy, loxit:
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Fo.t Pierce, Florida, _JflnuRY'y 22 19
fa va(ue received: 1, we or e~~her of us, prom~se to pay, without defalca~~o•~, to ihe ordr~ of fIRST FEDERAI SQA`/INGS AND IOAN ASSOCIATION OF
;~RT PIERCE at Fort pierce, Florida, thr sum of S~`'!~~!~----------- v.:.h ,~.ri~«s~ (rom date af the rate of SZl~ro per annum, in ma~thly install-
~~nts as fo?'ows: Z~~Q~ en thr 2Q~1_ day of ~SI`C~L-_~ t9 ?6_ and a fike sum on the correspond~ng day of each momh therr
arrrr umil the whule be fully paid.
Each insratl~.+ent (int shall be appl~~-cl ;n pay~n.:nt of the inte~est anJ ri:e~ on thr unpa~d ba!ance of ~ha pr~nc~pal sum. If default is made In the
;~,ment oF any insfellmanr whrn due, and such d-;tault cone~nues 30 days, then a+ tnr opr:on of tfie ho~der, ar~d ,vithout any other no~ice, all Ihe remaining ~
~.siallmeNS shail be dve ard payabla at cn:e. Pnvii~~e is given to prepay this no?e in whole or in part at any time without penahy. Neither forebear~oce,
r.or acceplante 6y the ho:der tnereof after any defauit in a~~y paymer:~s herPOn, sh~l( be dermcd exter.sien. A tate payrr,em charge o1 S_1~~, shal) be '
-i ~ed to etth ins~alirr.r~~t ren:ain~ng ~~pe.d 7 days efter its due date, and a i~ke a•:~r 5~13~~ t,e add•_d to e~ch wc~ instaliment rtmain~ng unpa~d 7 days sfter ,
•~,,;h succeedir.g payrteent date
Each maker, avrety and enciune~ he~eof, ~antly and srverally, vira ves ~2~n3f~d, p~esantment protest and notice of protest fw nonpaymenf, and fonher
,,a~ees ro any eatens~on of f~n,e of Nayment, <:tnz. b_'.ore or ~iter ma:u~~ry, ~.vThout no~.ce to any of us; and to pay all costs of collection, inctud~ng a
»onabfe a~tomey's (er m the evcnr of am; ,iefsult hereund_r, and hereby sr.r•a:!y r:~,ves ali benefit of homestead and exemption under.t}x eonstitulion
i'a,h•s of each State ef r'r,e Un:t_d Srates, as ~~e~-ut this uGi~garian ur any r¦tr~sion cr renra~at hereof,
Witnesf the hand a~+d seal of cach part~.
~ ' ~ ~ : • . . . S[ R~~ld J.S~-~col~ (SEAU
cs~?~)
- ~ Mona 1~'.. Carrell ~q
.~~b[-----__ ) Sra+e Re~enue ~u
NON, THEREFORE, the M.ORTGAGOR fo+ the pu~po~e of securing paym~nt of said s~m of S~j.~~~~Q(~. and the performance of fhs
:o•:enants and aq:een,e~~ts here~nafrer erpressed, and for d~vers good and ~ai~ab!e cans~derat~ons, by these presents, dce~ grant, bargain, sell, remi~e,
r,~l•;;;se, convey and con4irm unto the MOP.TGAGE:. i!s succe:sc~s and assi9ns, etl fhat cenain lot, piece or partd of land, •ituate, lying, arrJ being in Ihe
Coumy of `St• j'uCi@ , and State of Fbr:da, descnbed as foilows:
:fie South 160 feet of the West 272.25 feet of the East 312.25 feet of the Northeast '
of the Sout~hwest 1: of the :loarthwest ~ of Section 17, Township 35 South, Range 40
~ast, St. Lucie Caunty, Florida. ~tuis~s •
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By agreement of Mortgagar and Mortgagee on file ~,r.Lth the Mor`~,gagee~ the within mortgage
secu.~~es not on1,q an e~dsting indebtedness, but also ADVANCES to be FIEEtEAFTER made by
:~ortgagee to Mortgagor~ the aggregate of which t~till equal the ~incipal a¢nount
specified in the p~ardssory note secured hereby.
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f - , - ~ ~ ~ 1~AlR P0ITRAS
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~ •c~ether with all and sing~far the tenements, hereditaments end appurtances thereumo belooging or in anywiu spperfaining fhereto, and all renri, issves,
:.•oceeds and profits accruing and to accrue from said p~emises, all of which are included in the abova snd fwegang destription and lubendum.
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i TO HAVE AND TO HOID the above desu~bed and granted prcm;•~~s unto the said INORTGAGEE, itf sutcessors and assigns forever. And tFw s~id
~ ':.02TGAGOR for -~e~ heirs, executors, adm~nisrrators and assigns, hereby covenanri with fhe iaid MORTGAGEE, ita soccessors and assipro,
I ~~'E'---- iaw(ufiy se~zed of the said premises in fee simple; that the same are free, clesr ~nd dixharged from all liens and encort?
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€ t,ances in law or in equity, and that.~l~,}~_ will and the~t' _ heirs shall warrant and defend the title to the same to the s+id
!ORiGAGEE, irs successors and assigns, forever against the lawful claims and demands of all persons; ~
~ PROVIDED, AlWAVS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory nofe hereinbefore described aod shall truly, promptly ~
,-.ri fully perform, d~scharge, execute, car.piete, comply with and abide by each and every tfie stipulations, agreements, tonditions and covenanti of said
_ ~o ~,::swy note and of this Martgage, then this Mortgage and the Estate hereby created shall tesse and be null and void.
~ IT IS UNDERSTOOD that the wwd "Martgagor" ,~rherhe~ in the s~ngutar w plural anywhere in this Matgsge, shall be singvlar if one only sndrn
s~:~l~ be plural jointly and severally if more than one, and that the word "the~r" as used anywhere in this Mortgage shsll be taken to mean "his;' "hen,':-~~
; ;ss:' wherever the context so impfies w admits. Also, tha! wherever there is a reference in the covenants and agreemeMS herein contained to sny of'fO
` ~re parties hereto, the same shalt be construed to mean a~ weil as the heirs, legal representatives, sutcessors and assigns (either volunt+ry by ~ct oi the~
; ~art~ea or ir,voluntary by operat~o.i of the law) of the same and that the covenants herein contairxd shall biod and the benefiK and adwntages iew~~~
: a the respective heirs, legal representatives, s~ccessors and asrgns of the parties heroto. ~
~ And said Mo~tgsgors, fw themseives a~d their heirs, legat representatives, successws and auigns, hereby jointly and sever~lly covenanf and apree
~ ro and with the said MORTGAGEE, its successors and assigns: 'd ~
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j 1. To pay all and singvla? the printipal and inte~est snd the various and sundry svms of mpney payable by virtue of wid promissory note, snd thi
E n,ortgsge, each and every, promptly on the dsys respectirely the same severally become dve.
2. To psy all end singuler the taxes, assess:nents, levies, liab~l~ties, obligations and encumMances. of every nature and kind now on ssid dtxn
i p: operty, a that hereafter may be imposed, suf(ered, placed, levicd, or ~ssessed thereon, p thst htreafter m~y be levied or atsested vpon thit
~ age, or the indebtedness secvred hereby, each and every, when dve and payable, xcwding to law, before they become delinquent, and before any ioter
~ at~aches or any p_nalt~ is incurred; AND INSOFAR AS ANY THEREOF IS OF 4EtORD THE SAME SHAII BE PROMPTtY SA115fIED ANO DIS~HARGfD OF
FECORD AND iHE ORIGlhAI OFfICIAI DOCUMENT (SUCH AS, fOR INSTANCE, TNE TAX RE~EIPT OR THE SATISFACTION PAPER OfFIC1ALtY ENDORSEO
E O~ CERTIFIEO) SHAII BE VIACED IN THE HANDS OF SA10 MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that a~y thereof is no1
~ aa•d, saYsfied and discharged sa"d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or aftecting sny option, lien, ~ity w
; •~qhf under or by virr~e of th~s morrgsge artd the i~:i amount of each and every tuch payment shall be immediatefy due +~d payable end shatl be~~ interest i
" j~:=r 'F~ dn'•~ ?~:~•ecs ra d~~ +ate of n~ne pe~ centum per annum and together w++h suth interest shall be secured by the lien of rh s mo~qtage
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