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THIS INOENTURE, 1K~d~ th~ l..~i ~ h day pf /~,p_ ~q 76
. _ B: nest M. Cain and Joa~ . Cain, hi s~rf fe
d SO• LUC~@ ~~y F~;~, ~tinaf~M dtaigoated ~s ~M "MORTGtiGOR," ~nd FIRST °EDERAI SAVINGS ANO lOllN
ASSOCIA11pN Of iORT PIERCE. • corpor~lion or9aniud and ~~i~anp unda tM 4aws of Ilw Un~ted St~~~s of Mwiu and Mvinp ib principd pbc~ oi
b~nwrW ln tM Qty d Wrf Pwcs. SI. luci~ County. Flwida. hertin~her d~sipnat.d ~s t!w "MQRi tsEE."
WHEREAS tM MOR/GAGpR is j~sUy Ir~o~~d w tM MORTGAGEE in tlw wm of ~ 1 S~ 9~. ~ ~ pood and l~wful mwry al tM Uoit~d '
St~t~s ~dvanc~d by tlw MORTGAGEE ~nto ~M MORTGAGOR, as tvidenced by a cert~in prproipo~y no~t o/ ewn d~r~ Mr~with, of wh:th tM (dloww+q M ~
~ - ~ ds w+d f' ~s is a ~rw copy. wwi~: . . . - ~ 110C~405
15 , 90~ . OQ
f,., P~e,~e, Fi„~,, Apri 1 12 ~y 76
For wtw nc~ived, 1, we w eitMr of ui, promis~ to pay, withovl d~falu~ion, to tM order of FIR51 FEDERAL SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE a1 fott Piau F idai, tM 'sum a 1'S~ 90O • 0~ with in~r~st (rom da~e at tM ~+f~ of 9 'X~ pt• +nnum, in monthlr intut4 ~
menb as fbliows: = 144 .~0 on tM 2~~~ d+y of Ma`y 19 ar+d • Iik: sum on tM cwretpaKl~rg day of each month ther~-
~fNr v~til the whol~ b~ fully paid. ~
E~ch inslaUmsM first sMll bs applied en payment of eh~ intcrsst uid the~ on th~ unpaid balance of t!» p~i~c~p+1 wm. If defwh is rr.ad~ in th~
paYmcnt of a~y ins~a{~msnt when dve. a~xl such d~fault co~ti~ws 30 days. then u the optiw~ of ~he tw~der, u~d without ~~y otne~ no~ica. ~~I tha r~i~wnq ;
insbllR.~nh thall bs due ind payabls at w~ce. P~iviley~ Is given ro prsp~Y this nots u+ whol~ w in put ~t any timt wittw~t ptr~alty. tJ~ither foreb~ar~,
nor ~cceptanot by ths holtler rhs~eof aha any def~ult in anY paYments hereon, shafl be deenwd extension. A late payment chuye of i_s_R_~eQ~ sh~ll b~
added fo tach installme~t remain;ng unpa;d 7 days ahtr iri dw date, ~nd ~ tike wm sMll ba ~ddsd w esch such ins~al{menl t~mainirp w~paid 7 dap ift~r :
Ntlf suCCttdi^p WYment dar~. ~
Each mskN, w~ety and endorse? hcreof, joi»Ny and teverally. w~ives demand. prexntmem prueeat u?d ewtice oi protest fw ~or?payment, ~nd furtha ~
ayrNS b ~rnt lafenfion of Iiene of paymenf, eiehe? be(on w a(ter matu~~ry, wirhovt norcce to any of us; ~nd to pay ~!1 cosh of cdkcran, inct~d'a~p • #
~easaubk a~twney's fte in tM ~ven? o( any dsfs~h hereunde~. and hereby severally waives atI benefit of homestesd u+d examption unde? tfw cortstitvtion i
and laws of each S~aro of United Srates, u a~ainst this oblga~ion or any eatens~on a renew~l hereot. • #
Witness the iund and ~eal of each party. .
. ~
S/ Ernest M. Cain ~ ~
(~?q ;
- . S/ ~ Joan A. Cain ~
- ~w
~Kac~3~iK~F~~ •~.K~~6K?~ lse/?U
NOW, THEREFORE, the MORTGAGOR ior ths purpose of securing psyme~t of said wm of i
1
S• 9OO
. .nd th. Pe.fo.~+ance of rh~
cov~n~nK arwi ~preeme~n her~inafter ~xpressed, ~nd fw d~ve?i yood and v~luable c«u~der~t~wn, Sy tMie pr~sents, does prant, bary~in, sell, rem~s~,
rek+ie. conw c vm fo th~ MORiGtiGEE, its successors u~d assigns. sU tMt ce~uin bf, piece or pucel of tu~d, sitwt~, lyirg. and b~inQ in tM -
y ~.°f~uc~e
~~Y ~ u~d Stete of floiida, dewib~d u fdbws:
. ~
Lots 26 and 27, less ~he North 10 feet of Lot 27, Block 49, of ;
BILTMORB PARK, a subdivision in Section 16, Township 35 South, ~
Ranqe 40 East, according to a plat thereof record~d in Plat Book 4, ~
page 52, of the Public~Records of St. Lucie County, Florida. ~
.
By agreement 6f Moztgagor and Mortgac~ee on file with the Mortgagee, the ~
within mortgage secures not only an existing indebtedness, but also ~
AUVANCES to be H~R6AF'~ER made by Mortgagee to Mortgagor, the aggregate of which ~
will equal the principal aaaount specified in the promissory note secured ~
hereby. I - t
~ !Irr. Q~ Tl~~ L~~a- ~f33~,o0 ~ ~ i
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ARY~~~=.:;., STAM P T A x j ~i IN P1IYMENt 0~ ~
yF ~ DEPF. Uf RfYENU~ ~ ~ ~ ~ p~p~IlY
' -~R: r•Te f-~'~ ~ 2 3. 8 5! ~r to cw~rEa n•i~. ~s oF~~
o = ~P~i~ ~ ~ ~os~x poRntis `~y9~~ ~
. CIFRK G~GIR pplNCf, S~. lilt.~
I F
topsther witA all and sinpulu the tenemenb, her~ditaments ~nd appwtrances thereunro belonyin~ w in ~nywne appertainir+p thtteb, and atl rents, isfws, ?
procseds and profin accruirg a.+d te accrw from said premises, all of which sre indvded in tFK sbov~ snd fwepoin~ desviption ~od IMber~d~xe4 `
TO HAVE ANO TQ lIQID tl+e above desuibed and ~~nted premises unto tM wld N10RTGAGEE, its woassors ~rd auipns forw~?. Md th~ NId r
MORT~,/~~,p~ fw - t Il@1 Z - heirs, e:eo~ton. ~dminisrraton and ass:gro, hereby tovenanq with tln said MORTGAGEE, its suocssso~s aod assipro, .
t~ the}I are ~~ul ssi:ed of rhe said -
ly prem'rs~s in fes sim le; tMt th~ s+m~ u~ fr~s, clsar and discharped fran ~II li~ns and ~naMn•
brsncss in law w in equiry, and ths* they _ will ~„a the~r ~11 wurant and dsftnd tM titl~ b IM s~nw to tM s~id
MORTGAGEE, in successors and ~stigro, iwwar psirut the lawful cla'am tnd de.nands of all perwm; ~
( PROVIDEQ AtWAYS 1Mi if the MORTGAGOR shst: pay unt~i the MORTGAGEE th~
and fufly pe?fo?m, dischar9e, execute, compkre, cemply with and aE~de ~°~O~Y °"tf ~einbefore descr~ed ~nd shall truly, prompt!!
~~~Y ~ by e+ch and ev~ryr ttw ~tipulatwn~, sy~eemsnfs, conditiora and oav~nanb of s~id
yaQe• d+en this 1Mortpsye snd the Esute he:eby aeated ahall ceas~ and b~ rwlf ~nd void.
IT IS UNDERSTOOD fhat th~ word "Mortyapo~" whether in tFy a~ular w plura! anywhp~ in this Matyaye. sMll b~ sinpular if on~ only and
1 b~ plwsl jointlp snd sererdly if mor~ tha~ o~e, ind that the wad "Iheir" as ~aed anywhrr~ in th~s Mat9a~ ~Fiall be t~ken ro r~an "his" "Iwrs,"
a its," whnr•vN the conse:f w impties or sdm;ts. Abo, that wi~erever there is a r•f.r.nce ~n rh. cov.n.nn and ~
1M pwties h~r~to. the snne ~II be co.ntrued to mean as wetl at the heirs. 1 s auiprw (~ithp vol b~r ~t ~f ~y
k9+ cP?ese~brives, wccessas and
W?ti~s or involuntary by operatan of tM isw) of the surie and thst the co~e+wnta hert;n causined shsf: bind and ?he benffifs aid advanta9ss irwr~
1o ti~e re~pedive hein. Is9a! reprpcntativss, wcceuws rnd su~ye?s of the parti~s nereta
~ Md aid Mortyayws, for thamsiives and fneir I+ein, {eqal represen!atives, svccesson s~d assipns, hereby jointly ud ~swerally cov~n~nt and pne -
~ b u+d with slw sa~d MORTW!GfE, its successas a.id suigra:
i
~ 1. To p~y ~II and sinp~lar ~M pi~nc;pal and interest and tM wriovs and tur~dry stKns oF rt~oney p~yabk by virtw of said prpn;sw~y noq. ~nd t}~it
nwrt9~pl, wch and ~v~ry. Pror^Ptly on 1M days respectively th~ sam~ s~v~~ally bec4~ dve.
Z To p~y dl and sin~ular the taxes, ssusunents, lev;es, liabilitiei, c~bligatiw~s a~d *ncu~nbrarKSa of every rwture snd kind now on yai~ daoi~d
property, a that I~e~eaft~r m.ay be onpot~d, wffered. P~~ced, kv~ed, or ausssed tl+er~on, o~ tMt hereafte~ mar b~ Isv~ed.or u~essed ~on tlas AAort¢
or t~ ird~btsdrKSS sxured ht~eby, exh ~nd every, when due snd payable. ~ccwdinp to iaw, bsiw~ they becom~ delinqueM. and b~iw~ ar iN~rpt
; ~ttatAts or tny penalty is incurrcd; ANO INSOfAR AS ANY THEREOf IS Of RKORD T4E SAME SHAII df PROJNPTIY S?RTISFIE~ AfVD DISCHARGfU ~f
RfCORO~ ANO THE ORIGINAL OFFKIAI DOCUINENF (SUCFi AS, FpR INSiANCE, THE TAX RKEIPT OR THE SATISfACT1pN PAPER GFfICIALLY ENOORSED
OR CERTIfIED) SHALI 6E PLACED IN THf NANDS OF SAID MORTGAGEE WtTNIN TEN DAYS NEXT AfTER PAYMFNI; ~nd in tM e~em that any tF~er~of is rqt
paid, sa~~sfied and d:scM.pcd sa'd MORTGAGEf may at an~ rwne pa~ ~he sa-ne or a,~y p~h t?rc,eo~ withour waiv~ng w affecri~g any opt;on. G~n, pvRl p
•ipM v~de? a by virnie of this mony~ye a~d the fult amount of eacl: and every such payment shal: be imened.ately dve ~nd p~yable and shall b~sr imMqe
~~om the date tl~soi until pa~d a~ .~te of per cenrvm per annvm ~nd toyethe~ w~eh such inr~res~ shall be secured by the tien of th:s mwytap~-
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