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THIS INDENIURE. Htad~ rne_ 19th _ d.y of ~rCh A.D. 19~ bNwe«+
Jahn R, Tallcott and_Olivia D. ?all~o~t~his wi~.e
: . . ~ t . , ~
of St. ~rjK'.~~ ~p~nty Florid~, hera~nafla de~~qnated a~ tM "?AORiGAGOR," •nd FIRST fEDERA~ $AVIhGS AND IOAN
ASSOCIATION Of FORT PIERCE, • corpa~tan ayani:ad and ex~~~ir,~ under ths lawi of ~i~e Un~r~d SaT~~ of Amarica ~nd Mvinp Ita pri~cip~l pl~u of
bvwru M tF» City of Fwt Pi~res, St. luci~ County, F;orida, her~ina~tar dt~:y~~atsd aa the "MORiGAGEE:'
~VHEREAS fM MORTGAGOR is justly ind~~lsd to tM MORTGAGEE in the ~um of =_!~~~iQQ___ good end lawfu! moMy of th~ Uniled
StatM ~dwnced by tM MORiGAt'aEE unto tl~e MORIGNGOR. as evida+urd by a cenam promisiwy note oi e~en date he~ewith, of which tM followinp In
K«ds ~nd fpure~ i~ a rrui topy, ~o-wit:
= de t)0o .OO . ~ r,~,1002.1836
forl Pieres, Florid~, .~ICh 19 19 7~
Pw valus reuived, I, we w eilhar of ua, piom~sa to pay, without defalcei~on. to the oidcr of FIRSi FEDERAL SAVINGS ANO IOAN ASSC~CIAiION OF
FORT PIERGE at Fwf Pierce, Florida, the ium of S- ~~~~U~---- ~~th nte~rst fra~u date at t6e rafa of~Tr146 per ~nnum, In monthly infUlb
~,e~is as iotlowa: S 395.~___ ~~h~ ?Otf1 day of 1?76___ and a like sum on the correspo~d~ng day of each month 1Fr~r
•ft~r until fhe whole be fvfly paid.
Eath installment firtt sha~l be appGed in pey~nent of the inrereat and ther, on the un;;aid ba".ar~ce of the prinupa! sum. If default is made in 1M
payment of aoy imlallment when due, end such default continues 30 days, lhen ~t the op~~vn of tbe ho!der, and without any oth~~ ootico, a{I ttw r~mai+?inp
insbltrne~tt ~hall be due and payable at ence. P~~viteg~ ia given to prepay thii rwte in wi.ote or in part ar •ny t~me without penalty. Neither for~bearurce,
nw ~cceptanCe by tM hofder rherroE afhrr any default in any payments hereon, shalt be deemed extension. A late payment charQs of ~1 75 sMll bs
sdded to eath installment remainirp unpa~d 7 days aNer its due date, end s like t~m shall t,e a~d-ed to each such ins~al~ment rsmaining unpaid 7 days aher
eath s~tceadirg payqxnt date.
E~ch makw, surety arsd endorser hereof, jointly and revenlly, we~vas d~~rwnd, prcsrntmrnt praiesi an~ notice of prolest fw nonpaymeN, and furtFwr
pre~s ro~ny extension of t~rr~ of paymen~, either bafore a after maturity, wirhout not~ce tu any of us; and to pay a1t cos!s of collec~ion, includinp •
re~sonabk attor~ey's fee in the ~vent of any clefaufi hereundei, and hereby severally waives all bcnefit of homestead and exemption under the tonstitutian
and I~wf of each State of the United States, ss against this obligatio~ or any extension or renewel hereof.
Witneu tF+e hand and seal ot each parry. 'rajiCOtt
- s/ John R. ~
C? t~ ` f ~ ~ ~ • . (SEI?U
s/ Olivia D. Tallcott ~y .
(~+U
~ ~72 • ~ ) Stats Revenve
(s~np~-onalkd orr o?~plnal Tot~
IVOW, THEREFORE, tM MORTGAGOR ia? the purpose of secvring pa~-ment af said sum of =~.0~•~ and ths paformance of tM
coven+nts and ~raeme~ta hereinafter tap~esscd, and for diveis good snd valuabl~ toniiderstions, by tMae presents, does yr~nt, ba?yain, sell, r~miis,
rekaw, conwy and confirm unto the MORIGAGEE, iri successors and assi9ns, atl tha? certai~ lot, piece w parcel of land, situate, lyinp, u~d beirg in 1M
Couny of St. 1'1~C3'@ _ aod Srste of Flor~da, dewibed as follows:
L.ot 20, Block 75, SOUrH POR2 ST. LUCIB UVIT NO. 5, as per plat thereot on
-file in Plat Book 14, page 12, of the Public Records ot St. Lucie County,
Rlorida. '
u~E ~~~~E~s . - sas _ o~ 3~_ ~ oo ~
ah~ ~
~ By agree~ent o! Mortgagor and Mortgaqee on tile with
Mortgagee, the within aortgage secures not only an
existing indebtednesa, but also ADVANCBS to be ~RB-
ARiBR nade by Nortgagee to Mortgagor, the aggregate
i of which will ecual the principal a~ount specitied
~ in the prosisaory note secured hereby.
~
~
~ STATE oF FLURIDA 1
~ DOCUMENTAP.Y,P::,,gS1AMP inx j ° ~
G/
° ~EPT. UF REYENUE ~ • ~ ~ . ~ 111~
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top~th~r with ~11 and sinpular the tenements, hereditaments and +ppurtances thercunto belonginy a In anywise appsrtsinirg ihertto, ~nd ~II r~ntt, iuues,
proteedt ~nd profin ~cuuing and to acaue from taid premise~, all oi which aro included i~ the sbove ~nd foreQanp description and Mb~ndum.
~ TO HAVE AN tj0 1~OlD tM ~bow dexsibed ~nd granted prcmiaes unto fhe aid MGRTGAGEE, iri ~~cusson and ~uipns forewr. And tfi~ said
MORTG GOR for he ir _~;,f exec~tors, administrators ar+d sugn~, hereby covenants witl~ the said MORTGAGEE, its sua~s~ws ~nd ~stipro,
~ t~e are
~ that Iawfully seized of th~ said premises in f~e simpl~; that the same ar~ fr~e, clear and discFiar~ed frwn all IiMS snd M+cuo-
br~nus in law a in equity, and that t~Y will and thein c~in shall warrant and d~fend tM titl~ to tM a~nw to tM uid
~ MORTGAGEE, its ~~ccessws and aup~s, fwever sqainst the I~wfuf daims e~d demands of •11 pertons;
~ PROVIpEO, AlWAYS thst if the AhORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefwt destribed ~nd ~II fnrly, ptotnptlr
~ ~nd fully pafwm, disclwrg~, execute, compkte, comply with and sbide by each and every the ttipulnions, ayreements, conditiora end oovtnantt of uid
promissory not~ and of tha Mortgsye, then thii Mortgage and the Esrata hereby ve~ted shall ce~s~ and be null and void.
IT IS UNDERSTOOD tFyt.tM word "Mortpa9or" whe~her in the singular a plural ~nywhert in this Mo?tgapt, tFull M si~pul~t if on~ onFy and
~ shdl b~ ptwal jointly ~nd uverally if mor~ than one. ~nd tMt the word "ttro'n" ss used anyw#~sr~ in this Mortgag~ shall bs t~k~n to mean "his," "Fwrs," ~
~ w'9t~;' wharevtr Ihe conte:t so implees w ~dmits. Also, that wherever there is a niQrertce in tha covenanb and apre~menq herein ooMairnd b a~pr of
_ tF» puties her~to, the sarrK shall b~ construed to mean as weft as the he~rs, leyal r~pcesentative~, succeuors snd~ ~uipns (~ither voluntary by act of tIM ~'t
puti~s or invdunt~ry by operation of tM law) of the same and that the covenantt herein contained th~ll bind Md tM b~nefih and adv~ntapp irwn
~ ~o th~ rasp~ctiw hein. Issal reprexntat~ve~, sucussws snd su'y~s of tM pirt~ei hereto.
s Arid uid Mwlpa~wa, fa themselves and their heirs, legal represenratives, wccessas and auiyns, hercby jointly and sawr~lly cov~naM and sprk
~ to ~nd wkh ih~ said MORTGAGEE, in successas and sisigns:
z
; 1. To p~y ~II u~d ~inpular tM principal u~d i~terest ~nd the various ~nd wndry wms of rtwneY paYabb by virtw of said promiswry not~, and thN ~
~ mort~+~, uch ard ~very. WomPtly on th~ days respectively the iame sewr~lly becoms d~+e. ~t
~ 2. To pay ~II ~nd sirg~lu ~he ts:es, as~essm~nb, levics, G~bNi~ies, obliyations and encumbu+ces of every r?stwe a~d kind rw~v on iaid d~wiMd
prop~rty, a fh~t here~fter may be imposed, wHered, placed, levied, or ~ueued thereon, or that hereafter may b~ I~vi~d or ws~swd ~pon this Mo~t¢
g spe, w the Ird~bt~drnss kc+~red hereby. Nch ~nd ~very, when due ~nd pay~ble, scco~ding to law, befor~ they becorn~ delinqvent. ~nd b~fw~ any iM~ns1
~ ~f~KIMt OI ~fl~t ptMlfY ia incurred; AND INSOFAR AS ANY iHEREOf IS Of RKORO THE SAME SHAII BE PROMPTtY SATISFIED AND OISCHARGED OF
~ RKORD ANO THE ORIGINAL OFfIC1Al DOCUMEN7 (SUCH AS, FOR INS~ANCE, THE TAX RECEIPT OR THE SIITISFACTION PAPER OFFICIAILY ENOORSEO
~ QR CERTIFIED) SNAII dE PUCEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tl,~ ~wnt tl?~t any tMnof is no1
~ p~id, sat:sfied ~nd diufiarged sa;d MORiGAGEE may at any t~nee pay the iame or any parl thereof withovt waivirg w affetrin~ ~ny optio~, IiM, equify p
~pht under or by virt~e of this mortgage and the full amount of each and ever/ svth payment shall be immediately due snd pay~bk ~nd shall b~~? ini~rsat
- hpm the dst~ :hereof until pa;d at rate of nine per centum per annum snd fogether w~th such interest shall be secured by the lien of th:f morptap~.
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