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THIS INDENTURE. Alade thc---gi~__.___. doy of -~ZSe~l---__ A.O. 19 76. between
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-----p~,vi _H~_P~14JL_~?n~__~g~~~L.N~_P_~1~ley, h~LM_1#~-----_- -
of St . ~.LiCl@ ~ounty Flor~da, hcremaher dasyn:y~d as rhe "A~ORTGAGnR," end fIRST FEDfkAL SAVINGS AND IOAN
ASSO~IATION OF FORT PIERCE, s co~poraf;on organiard ar,d ex~sting un-~vr ~hr ~lawi Oh ~he • Un~~,d $tatvs of Ameriu and havin9 it~ p~incipal plau of
busitMp ie /h~ City of fwl Pi~res, 5f. lvcie County, fiorida, htreinaUar des(gnotEd ~s the "MORIGAGEE:' ~
WNEREAS th~ MOR~GAGOR it jus?ly indeb?ed to the MORTGAGEE in tFw sum of S__321400_00__ , good and lawful money af the UnAad
Statet ~dvancrd by ths MJRTGAGEE ~nro the MUitfGAGOR, as ~•v~J•,~.c.:a t:y a ~erts~n prum~uo~y note of uven da+e he~ew~th, of which ehe followiny in
words ~nd fy~res is a lrue copy, to.rit: -
= 32,~400.00 r,~,_ 10021819 '
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fart Pieres. Fbrida. - M~~h_~ 19_~_ ~
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For value receivrd, I, we or either of ~.5, G~U'~+~1E` to pay, wi~F.~ut der~'c,~-,.,n, to ~h~ ader af F:RST f~>ERAL SAVIhGS ANp IOAN ASSOCIATION OF ~
~ORT PIERCE at Fat Pierce, F;or~Ja. iha sum of 5- . 32l4~ =00 _ _.~.:~h ,n:.re3~ from da~e at the raie of 9•~_ o p~~ annum, in monthly install• ~
ments as follows: 5272-•_~~____ on the2~h . day oF .__APril_ _ , 19_~6 and a I~ke su~n on the correspond~ng d~y of each menth there- ~
af~er unlil ~he whole be fu11y paid.
Each installment first shall be appG~ ~n payn~rnt of thc in;er.~s~ and on ihe Un~,~iCj F~dlan;~ of the print~pat sum. If default is mada io the
payment of any ~nstsllment when due, and such d~ia;,'t con~~n..•es 30 doys, ~hen at the opr~;,~e of thn ho;der, and riithaut any other nofice, all the temaininy
~nstallments thai! be due a~d payable a1 once. Prrvlicga ~s g~ven to prepey this nc~e in whule or in par/ at any time w~thout penalty. Neither forebeu~ntt,
nor acceptante by the holder thereof aftrr any defa~it in any payments hereon, shail be dermed extens~on. A tate paymem charye of s~_t~y thall be j
added to ee:h inatatlment remaining unpaid 7 days afte~ its d~e date, and a li~e wrn shaii te add~~d to each such inaeailment rema~ning unpaid T dayt affe~ #
each succeeding payment date, '
Esch maker, surety ar.d endorser hereol, jointly and severally, wa~vrs demand, present•nent protest and ^otice of ~~otesl fo+ noapayment, and furthar
agreea to sny ex!ension of hme of paymem, e~~~er ikFore w aher matur~sy, wi~hout nohce to any of us; anA ~o pay all costs ot col!ection, intludin~ •
reasonable attorney's fee ;n the event of any default liereunda~, and he~eby se~eraily wa~ves a~~ kxnefit of homestead and exemptio~ unde~ tl+e conititutfon
and Isws ol each Srate of Ihe U++~ted States, as ayainst this obl~g;tion or any ex~enn~on or rerrv~al he~eof.
Witnes~ the hand and seal of each ~arty. '
p~~~~'Sv47" ~~33Z-COCJ{/ (SEAU
. MPRA~:.~=Rb ~l ~ S/ David H. Pauley ~Ai~
UCE ONl1f ~
Betty N. P~ulev
( ~8•5O ~ State Revenue
)
NOW, THEREFORE, the MORTGAGOR fer ~he purpose of securing payn:e~t oF sa~d sum of S-~~~ 4~0• ~ and the perforrrwnce of tM
covenanb and a9reemants hereinafter expressed, ar~d for divers good and valuab~e cons~~eret~ons, by these presents, doea g!ant, bargain, ~ell, remise,
release, convey and toniirm unto ihe MORTGAGEE, its svcceasors end ~nss~gns, a!1 that cena~n iot, piece or parcel of tand, situate, (ying, a~ beirg in tM
Covnty of $t• ~Ci@ and S~ate of Florida, desu~bed ss foliows: ~
?he East 35 feet of Lot 20 and the West 40 feet of Lot 2•l, Block N, MARAVILLA ~
ES?A?B5, as per plat th¢reof on file in Plat Book 8, page 77 public records ~
of St. Lucie County, Florida ~
By agree~ent of Mortgagor and Mortgagee on file with Mortgagee, the
within aortgage secures not only an existing indebtedness, but al~o
ADVANCES to be HEREAF?ER nade by Mortgagee to Mortgagor, the aggre-
gate of which will equal the principal amount specified in the pro-
; nissory note secured hereby.
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. ~ SZ'ATE o~ FLORlD;ti. i ~
oy ~ DOCUMENTARY~;=.:.~5 AMP TAa~ f
` D~PT. QF KEYEMLF C,: •,s : - ~ ~ ~
! & 8. 6 0 p~J1(~ IN ~MfMF7'If Of TAXES ~
i . ~ = ~ i
~ 0 2 ~ I ~ ~ ~ _ ~ f ~C' IqTAti61dLE ~fJ19DN~11 rAOrERTY `
E ~ ouE o~ cu~ , .
Purn~rr ~ awi~~ n-i~. ~ces t~ ~ii. ~~'~J ~
i . oos~t Porra?s / ~
~ OIEf~K CI~Oqti OOltlff, Si. IAK'AE OD, FlA =
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togefF~er with al) snd singular the tenements, hered~!aments and appurtantes thereunto belw~ging or in anywix eppe?taining tFx~eto, snd all rents, iuues,
t proceeds a~d profits accruing and to accrue from said pren~ises, all of which are included in the abave and forepan9 dewiption and habendum. ~
~ TO HAVE AND TO tiOtD tt+e above described and granted premisei unto the said MORTGAGEE, its successws ~nd auiyns foraver. Md th~ said 3
; MORTGAGOR fw Aeirs, execu~ors, administrators and assign~, hereby covenantt with the said MORiGAGEE, iri sutteuws ~nd auipro,
4 thev ar
rhaf lawfully seized of the wid prem~ses in fee s+mple; that the same are free, clear and diuhs~ged frorn all liens and erKUr~
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; brances in law or in equity, and that t~_~ w+ll ans thp i z heirt shall w~rnnt ~nd defend the title to the s~m~ fo fM said
MORTGAGEE, its successort ~nd ass~gns, fore~er aga~nst the lawful claims and demands of all persons;
- PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay nore hereinbe?ore dewibed and shall fruly, promptiy
and fully p~?form, diuharge, eaetute, complete, cumply wirh a~d abide by each and every the stipula~ions, agreements, conditions and covenanri of taid
promiuory rafe ~nd of this Nlortgage, then thit Mortgage and the Eirate hereby created shall tease and be null and void.
~ IT IS UNOERSTOOD tFut the word "Mwtgagor" whether 1n the singular or plu~al anywhere in this Morlgage, shall be iinyular if a?~ only and
5 sh~ll be plural 'pintly ~nd uverally if more than one, and that the word "their" as used anywhere in this Mwtgsge shsll be taken to mesn "his," '1wrs,"
_ or "iq;' wherever ti~e contexf so :mpi~es a admits. Alw, ~hat wherever there is a reference in ~he coveaants and agree:nenb herein confained fo any of
the partiei hereto, the same ihal! be construed to mean as we11 as the heirs, legal representative:, svccesson and assigra (either voluntary by stt of fM
; partie~ or involuntsry by operation of the lawl of the same and thar the covenants herein contained shall bind and the benefiri and adv~ntapp Inw~ ~
' to the respective heirs. leg~l represe~tatives, successors and asvgns o( the parties he+eto.
s
And said Mortpagors, for themse:ves s~d thei+ heirs, legat :epresentatives, succeaso?s and auignt, hereby jointly and aeverally covenant and aprK .y
to u?d with the said MORTGAGEE, its successors and assigm~ ~
1. 1o pay all ~nd sirgvlir the princip~l and interest and the various ano su~~~:; e~~ma of money pr le by virtve of said promissory nott, ~nd fhb
mortpage, ~~ch and ~very, promp~ly o~ the days respect~vely the same severalty becane due.
" 2. To pay ~II and singufar tl~e taxes, assessments, levies, liabilities, obligation~ and encv nces of every nature and kind taw on said d~fpib~d
properfy, p that hereafter may ba imposed, suffered, placcd, levied, w assessed thereon, or that hereafte~ may be levied or assetsed upon this Mwt¢ ~
~ ege, w tl» indebtedoeu secured hereby, each ~nd every, whcn due and payable, sccordir~ to law, befo~s they become delinquent, and befon any Inhr~lt
attaches or any penaliy is inturred; AND INSOFAR AS A~1Y THEREOF IS Of RKORD TH~ $AME SHA!l SE PROMPTLY SATISf1ED ANO DISCHARGEO Of j
i RECORD AND THE ORIG(hAl OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REtEIPT OR THf SATISFACTION PAPER OFfICIAIIY ENDORSE~ ~
' OR CERTIFIEO) SHAII BE VIACED IN THE HANOS OF SAID MORiGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst sny thereof is not
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paid, saf'sfied ~nd discharged sa'd MORTGAGEE may at any t~me psy the :rme or any pan thereof wirhout waiving or affecting any option, lien, eqvity a ~
•iQht under or by virtue oi this mortgage and the fut? amount of each and every svch payme~t shall be ~mmediately due and payable and shal! beu inferest
~•om the date thereof until paid a~ rate of n,ne per cFntum per art~um and together w~th such interes~ fhal! be secured by the lien of th:s mor~t~pt.
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