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THIS INOENTURE. MaJe ~ne_ 19t h ;~ay of _
~=Ct1 ~ i ~ _ A.D. 19_?6 betwesn
_ _ _ George M. Woo~1l and Dol~~_P_~_l~S2Qd~?11}.llii rif
oi S~ .~.11Ci@ . Covnty ftorida. he~einafter detignetcd as ihe "h1URTGAGOR," end FIRS~ FEDERAI SJ?VIF/GS ANO IOAN
ASSOCIATfON OF FORT PIERCE. ~ corpwation a9ani:ed and exitting undr~ th~ :aws ol ~he Umred Ststos of Ameriu ~od having iti principal pl~c~ of
bufi~ in 1M City of fwt Pierce, St. luci~ County, Flwida, hereina!ter des~gna~ed a~ the "MOR~GAGEf:'
WHEREAS th~ MORTGAGOR ii ~ustly indeb~ed to the MORTGAGEE in the aum of 28l~~•OO _ 9ood and lawful money oi the Un~ted
Statef ~dv~nced by tha MORTGAGEE unt~ the MORTGAGOR, as evu;ancrd by a cerfain promissory note of e.en date t~erewith, of wh:ch the followioq in
wordi and fiyur~s is s~rue copy, to-+vit:
t_Zg~(XXl-~ ~ 1 ~Q 1 A~1
Furt Pie~te, Florida, ~~31C~1 1~ ~9-Tb-
fw value received, I, we w e~ther of ~s, prom:se to pay, v~iihout deta'.at:on, to ~hi o~dr~ of FIRST FEpERAI SAVINGS AND LOAN ASSOCfATION OF
FORT PIERCE al Fwt Pierce, Fbrida, the sum of S-2$-s-Q~a~- w~~h u~teres~ Irom da~e at the rate of ~.a_Q..:v per annvm, in monthly insfaf{-
ments ss follows: s?SZ.OO___ on the?Oth day ot __Ma~+ . 19_76_ and a Fke sum on the correspond~ng ~iay of each month there-
aft~r umil ~he whole be fu~ly paid.
Each instal~ment first shap bs applied ~n paymen! oF the mtarest a~~d ihen u~ tl~e ~r,p~ic~ bdldr.~g of the pr+nupal ium. I( default is made in fhe {
paymeM of any ins?allment when due, and such defauh tor:tinues 30 deya, then at tne opt~on of the hofdcv, and wiehout any othe~ ootice, all the remaining
~nsrallments thall be due and payable at once. Privilege is given to prepay thie note in whole or in part at any time without penalty. Neither fwebearuKe, ~
no~ atceptance by the Fiolder the~eo4 af~er any default in any payments herrun, shall be dcin,ed eatensioo. A la~e paymenl charge of f_12.60 shall !~e j
added to each instaliment rcmaining unRa~d 7 days afier its due date, aid a hke wm shall be added to each iuch iostalimen~ re~naining unpaid 7 days afier ~
each svcteed~ng payrt+ent date. ~
Each maker, surety and endwaer hereof, juimly snd sa+eroily."wa~ves demand, preseroment protest and nor~ce ot protesl for nenpayment, sod further j
~grees to any exte~sion of nrne of pay~ienl, either before w after maturity, ~n,irhout not;;e to +ny of us; and to pay alI casts of co!lection, including •
reasonable aitorney's fee in the event of any defaull hereur.der, •nd hcreby severally waiwes all ber.elit of homestead and exemption under the constiMion
and Isws of each State of the United States, as aga.nst this ob:i~ation or any ea+ens~o~ or rsnewal hereof.
Witncss the hand and seal of each par~y.
S/ George M. Woodall ~
~ . ~ ~ (s~?i)
- ~ • ~ S/ Dolozes P . Wbodall ~
. cs~?u
{ 'a2 • O0 ) State Ravenue
NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring peyment of ssid sum of = 28 and ths psrformance of tl»
covenaM• and apreements hereinafter expressed, and for d~ven gqod and valwble co~:~derations, by these p?esenes, does g?~nt, baryain, sell, remite,
release, convey ~nd confirm unto the MORTGAGEE, its axcesso~s arid ass~gnt, •11 thar certain lot, piece w parcel of land, situ~te, lying, and bein9 in ths
Covnty of $t. wCie and State of Fiorids, dasuibed as follows:
Lot 16, Block 6, SURFSIDE SIIBDI~ISION, UHIT NO. l, accozding to the ~
plat thereof recorded in Plat Book 10, page 17 of the public recQrds .
of St. Lucie County, Flozida
~ "~RS s c~ ~ -J`-~~- ~a G ~ -Q d ~/9
. !~[tilY ~
By agreevent of MozLgagor and.Mortgagee on file with Mortgagee, the irithin
aortgage secures not only an existing indebtedness, but aiso ADVANCES to
be I~ItBARTFR oacie by Mortgagee to Mortgaqos, the aggzegate of which will
equal the principal aaount specified in the pronissory note secured hereby.
i
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~ ~L ~
t _ STATE aF
DOCUMENSARY,~- ~ :;~57~--~ ~
; C° ~ i.LJF KEYENU:~s ~ _
; i.- oo J~ " L'.~ Z. O O ~ ~ '
~ IN tAIfMfM OF 1AXES
; ~c _
= ifAR13'~ ~ ~ 01~ 011 CIAS~'C MITM161lLE fflti~NAL PNOPEAIY.
~ ; _ P B- ~
~
~.e
~ a~~~~o~ pu~T ~ arin~ n•i~. ~cre E~n. ,~~9
~ ~ ~ ror~~?s ~ /
~ OtElbc Glltllt C01lR'~ S? Ibolt ODti FlA
toq~ther with sl) srsd singvlsr the tenemenfs, hered+taments and ~ppurtancei thereunto betonging or in anywite appertainirg tfiereto, ~nd all rents, issues,
~ proceeda and profiri accruing and to acuue from said premises, all of which are included in the above and foregang dewipt'an and Mbendum.
~ TO HAVE A~1D TO HOLD the sbove desuibed and granted premises unto ths said MORTGAGEE, its successon and sssipns foreve~. Md tFr ssid
~ MURTGA~QR for ~~~s, exec~tors, administraton and assigns, hercby covensMS with the ssid MORTGAGEE, iri tuctessors ad usipru.
they are
~ rha* - Iswfully seized of the said p?em~~es in fee simple; thst the same are f~ae, clesr and diuharped irom all liem ~nd a+c~m-
~ brsnces in Iaw or in equity, and that they wili and tllelt heirt shall warrant and defend !he titk to tF~e s+rr?~ to t!» sald
MORTGAGEE, its suuessors and auig~s, forever against the lawful claims and demaiuis of all persons;
~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE ~Fu promissory note hereinbefore dewibed and shall truly, promptly .
- and fulty parfwm, d~xharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and tmrenants of said
_ promissory rate and of this Mortysge, then this Mortgage end the Estsfe hereby created iFwl1 cease and be null and void.
~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plu~al anywhrre in thi~ Mortgage, shall be sir?pula if ont oniy and
~ shall bt plw~l jointly ~nd severally if more than one, a+~d that the wwd "their" ss used a~ywhero in this Mortgage shall be taken to mean "his," "iwn," ~
~ o~ "its;' wherevet the context w implies or sdmits. Also, Ihat wherever there is a reference in /Me coven~nts and sgreemenri harein aontiu~ed to ~ml of
~ the parties hereto, the same sMll be construed to mea~ as well as the heir~, legal rspresentatives, successas .and assigro (aithe? voluntary by act of th~ ~w
~ parfies or involunt~ry by operation of the law) of 1he ssme and that the covenants here~n co~tained a1.e11 bind a~d ~he benefin and advu+fa~.s Irwn l V
~ to tht r~spective heHS, kg~l representetives, succeuor~ and asrgns of ~he parties hereto.
~ And uid Mort s ior thr.~~selves and the~r heirs, I al re esentatives, successon and ass' ns, hereby joiMl ~nd tevenll covenant and r~e
~ yago? . ~9 P~ ~9 Y Y p
~ ro and with the aid MORTGAGEE, its suaessors aod assigns:
1. To pay alt and singvlu the princips) and interest and the variovs snd sundry sums of money payable by virtue of s~id promiswry nots, and thia ~
~ rnat9eys• t~ch uwl Qvery, promp~ly on the day~ respectively the same severally beco+ne due.
~
2. To pay dl +nd sinpulsr the taxcs, asxssments, levies, liab~iities, oWigatans a~ encumbrsnces of every nawre and kind now on said dacribd ~
properfy, o~ that hereafter m~y be imposed, suffered, plsced, levied, or auessed thereon, w that hereafter may be lev'eed or ~ssesied ~po~? this Motfp-
~ a~, w tht indebtedness fecured hereby, each and every, when due ar~d psyable, accordirg to law, before they betom~ delinqusnt, ~nd befa~ siryr fnt~rM
attaches w•ny penalry is insur~ed; AND INSOFAR AS ANV THEREOF IS OF RKORD TME SAME SHAII 8E PROINPTLY SATISFIED AND DISCHARGED OF
~ RKORD AND THE ORIGINAL OFf1CIAl UOCUMENT ($UCN A5. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED
~ OR CERTIf1ED) SHAII BE PIACEC IN THE HANDS OF SAIO MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYfAENT; and in the event thst ~ny thereof is rql
~ p~id, saYsfied and dixharged sa:d MORTGAGEE may at any time pay the sa.me w any part thereof without wsivirg or aNecting any option, IiM, equity p
•iqht under a by virtve of this mortgsge and the full arr~ount of each a~d every such paymeM shall be immediately due and payable and shall bea~ Intsrqt
~ irpn the d~te Ihereof uMil paid at rate of n~ne per centvm per annum and together w~th such interest shall be secured by the fien of th:s mor9tay~.
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