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THIS INOEtJTURE. M+d~ ~M liL d~Y of _ A ril A.D. 19
76 betwNn
, • t
_CodY L. Bai~ey and Casol n_A. Ba~iley~, his wftQ
~ $L . ~.4Ci6 ' Cp~nty Fbr;d~, h~~+u?ait~t dsaigna~ed as tM "NWRTGAGOR," ~nd FIRST FfUERAI SAVINGS AND LO~?N
ASSOCUITION Of FORT PIERCE, a corpa~tqn wyar~i:ed ~rd eaistiew w:dK tM bw~ of ~M Un~~d Sut~s of Am~~ic~ u?d Mvlnp iM principal plaa of
businMS in tM Gfy of FoA Pw.u, St. luci~ CowNy. flaida. tw«in+fur d~iipnaad ~s ~hc "MOR1GAGfE:'
WHEREAS th~ NWRTGAGOR $ jw~Fy i+xi~bted w th~ MORTGAGEE in the sum oi i- ~-i~Q~+Q-~---~ 9~ a~ lawful mawy o( t1» Unittd
St~tp adwnced by tM MORiGAGEE unto the MORTGAGOR, ~s ~iida~~cad by • cer~a~n prom~uory no~~ o( evM daN ~x~~wiih, of wh+ch /M fdlowieq in
wwd~ ~nd fiy~w~a is ~ tr~~ topY, to-vrir: (
~ 2~., 500. 00 100218.19 ;
forl Pieru, ilaid~, ~ AQ+~il i ~19~1~ fi
t
For valw received, 1, we o~ ei~har of us, prom~se to pay, wiihout defatce+~on. ~o ihe ordcr of FIRSi FEDERAI SAVINGS ANO IOAN ASSOCIATION OF ~
fORT PtERCE at Fat Pi~rce. fbrida, the sum of i-?~-~~~-~0 w~~h in~erra~ fro+n da~e af ~he .ate oi _~s~.~G per arv~u+n. in ma+thly iMtall- s
me~?n as fo1lows: t 235. p~ 20tt1 d.y of 19__76_ and a liice su~+ on iF+e correspa?d ^p day of eac1~ month ths~~-
after u~til tha whol~ be futly paid.
_~ac~? x~s`Ta1T`ment_ firi? tihall b~ appGed in paYmenr of the inferos~ a:~d ~1+en on ~he unpaid b~laoce of the prinr'pal swn. tf def~utt is mad~ in 1M
payme~t ot any ias~~llmcnt .vhen dve, and such default contu~ue• 30 da~s, thc~ at tM optrn of the holder, and'without ~ny other nof~ce, ~II tlr rsm~ininp
inat~llma+b ahall be dve and payabte ar once. Privile~s is g~v~n to prepay this rate in w:wlr a in part al ~ny tim~e withouf penalty. tveither fotebeata?os,
nor acceptant~ by Ihe holde+ theteof aftar any defwh in anY payments he+eon, ahat! be dcr.ned extens~on. A late p~yment th~r9e of 1~ tMll b~
added to tach insNllme~t rxnaininy unpa~d 7 dayi after ib dw date, ~nd a t~ks sum shall be addzd to each wch ins~allment r~maininQ w.paid 7 d~ys ah~t
NCh sutteedirg payme~t date. '
Eath malcer, sur~ty and endotse~ hereof, joini~y and seve~ally, v~ra~ves demased, prescmmr~t protest and notict oF protest for nonpaymenl, s~d fuAFw
~yrees fo any eale~sion of tims of payment, e~~he~ beiors w afte~ matunty, wiehout no!:ce to .any of us; and to pay all costs of co!!x~ion, inclvd"+np •
reason~ble.attwney's fee in the event oF any default M~svoder, a~J hs~eby severalty waives all benefit of homeateas! and exemptioo w+der tM constitWioo
and ~aws of exh State oi th~ Unitcd States, as a9a~nst this oblgatwrt or any exi~nswn w renewal hereof.
~fn~as th~ hand a~d seat of esch party. "
S/ Cody L. Bailey ~
. ~ ' ' ~ • . csEnU
S/ Carolm A Bailey ~ , ~
cS~I?U .
r $42.75 ~ ) Stst~ Rerer,~x
NOW, THEREF(3RE, tha MORTGAGOR for the purpox of securinQ payment of s~+d svm of S 2~ • S~• O0 and th~ psrform~~ce of th~
cor.oaon a~d ,9~eeme~n he.e~~+~re. e:preucd, and fw d~vers good and vaiwbk cauide~atiwss, by ehese p~esenfs, do~s pr~nt, barp~in, stll, ~emis~,
rekas~, tonrey u~d confirm unlo t1+e MORTGAGEE, iri succesyo~s and aug~s, ai! thal ce~uin lot. piece or partel of land, sitv+te, lyi~y, and Esenp in tM
C~~y ~ $t . UlCl@ ~nd State of Florida, desuibed n follows:
Lots 13 and 14, Block A, EDGEWOOD PARK SUBDIVISIOAI, as per plat thereof
on file in Plat Book 4, page 72 of the public arecords of St. cie
County, Flozida ;,a,stes ~ o? ~D ~ - g~~ -~~/3~
O 00
~~~F OhIY •
i By agreedent of Mortgagor and Mortgagee on file Nith Mortgagee, the
! wi4hin nortgar~e secures not only an existinq indebtedness, but also
ADVANCES to be 1~R6AR2BR sade by Mortgagee to Mortgagor, the aggre-
gate of which_roill equal the principal a~ount specified in the pro-
~issory note secused hereby.
~ STATE ~F FLORiD~ ~ - _ 6~ -
DOCUMEt~ITARY~;~.~~STAM~ fr~x ~ ~ ~
~ c-~ ° QfPS. Of REYENUE ,.'.~"E i`'- ' ~ a([
oue a+ a~?s~ ""s'e~ ,~s ~ i9t~. ~.,1
K~ w"~i1S'Ti~~~~~` Z. 7~ ~ PU~1N1 T~ ~ER P03TPl~S ~
P.
o= t~~o2 t pt. Sf. LJGE ~0- ~A
. G~ ~1
fo~ether with al) and sin9ulsr the tenements, hered~uments snd appurtances thereuMO belc~ginQ ot in snywise sppe~taining thento..and s{I r~r?b, bsup.
proca~ds and prof:n acvuiag and to scaue from said premiscs, all uf which ue inctuded in fhe sbov~ u~d fweyoirg d~cription ind h~bendum.
TO HAVE AND TO HOlO th~ above described and y.anted premises unto the said N10RTGAGEE, ib wcussas aed +ssiyns forswr• Md ?h~ +~~d
N~ORTGAGOR fw the il ~;rs, exec~ton, administrstor• and assigns, hereby covenants with ~he :~id MORTGF.GEE, its waesson a+d ~ssipna,
~t t hey aze _~,r„f„~iY xized of the said premisea i~ fee simple: that the same are (ree, de+r ard dischsrped from all Ikm and Mnwrr
branus in law p in puity, and thst t~ Y wi:l and L~ 1 t heirs shall wuraol and defer?d the title b th~ sartw to eht s+id
MORTGAGEE, ib sucuasors and auigns, faever aysirot the Irwt~ daims and demands of atl persoro; !
PROVIDEO, AIWAYS thst if Ihe MORTGAGOR shall psy unto ene lNORTGAGEE the promissory note herei~befon dewibed snd thdi ttuly, promplly
w+d fully p~rfwm, discharye. e~ecute, complete, tomplY wi;h ~nd abide 4y ea:h and evcry the st~p~rlations, ayreementf, conditions and cov~nants of seid
prom~uwy oor~ ~nd of thii Mortgage, then thi~ Mortgaye +nd the Estate hereby ueated shal! «as~ snd be rwq and wid.
.a
IT IS UNDERSTOO~ tMt the wwd °Mortgsgor" whNher in the singu(ar ot ptw+l inywhere in this Mwtype, sMll be sir~ular if wa u~ly and ~
shall be plwd iointly ~nd etverally if mor~ thsn one. and tM~ the word "their" ss used w+ywFwre in thh Mo-t9~e thsll be taken to mean "his."'"F~1." ~ iQ
w'its," wM~rver•the conteat w implies or admif~. Also. that wherever there 6s ~ reference in tl~e cov~nsnts and ayreernenn herein comain~d to bry oE
th~ puties herNo the ~ame shall be consvued to mesn ss wel! es the heirs, kg~. representn~,rcs, succeswn ~nd assgro (either voluntary by act of th~
partip ot involunury by o~~er+~:o~ of tM. taw~ of ~he same and rhar ~he cover»nn herein contain~d shall bind ancl th~ barKfia ~nd advantypa kwn ~
to th~ respectiv~ h~irs, kya' representatire:, successon and ~srgns of tM part~es hereto.
And ~eid Morl9syors, for tf+emselvq an~ their heirs, 1e9a1 representsrives, successon ~nd ~uiyns, hereby joinsly and itvaally cownant u~d aynt ~
b u~d with tfk s~id AAORTGAGEE, its successo~s +~nd ~ssig~:
i. To pay dl and si++pular tM prin6psl and inrerest ~~d the various snd sw~dry wms of money paYabb by virhn of aid pranmssory nw~, md this
mortQap~, each ar,d evKy, pranpHy on the days respectively tM same ssver~lly becorn~ due.
3. To pay all and sirgular the ta,a, assessmenn, le~~es, I~abil~iies, obliyatio~s u~d e.xum&~~:es of every natur~ w~d kind iaw on said davib~
propaty, a tF~st i~ereahK may be imposed, suffe?ed, plxed. !_ric3. =r asaessed thereon. or that here~iter may bt trvied or ufeas~Q irpon 1Ns J1Aortp~
- rgs. ar tk ir.~s~a a~ecvred t~+eby. sach ~rd .very, wFien dw ~nd p~y~ls4e. ~ccwd'a~y ro I~w, b~loo~ they becans delwp~rem. Md befa~ any irM~r~tt
~ttaches or any pena~?y ~s incurred; AND INSOFAR'AS ANY THEREOF IS OF RKOitD THE SAMf SHAII aE YRO1dPilY SATISf1ED AIVD O'.SCHARGEO OF
REC9RD AND THE ORIGINAL OFfIC1Al DOCUMfNT (SUCif AS, FOR INSTANCE, Ti~fE TAX RECEIPI OR THE SATISfACT1UN PAFER OFfIC1.111Y ENOORSED
OR CERTIf1E0) SHAIt dE Pl/1CED IN THE ::A~~DS OF SAID MORIGAGEE WITHIN 1EN DAYS tiEXT AfTER PAYi.ifNT; ~nd in tM wero that any tF~er~of is nw
paid, saYsfied ux! c'istharged sa:d N~ORiGAGEE may N any r~me pay rhe same or anr pi.t rhe.eof w;thout waivinp ot affedinp any opteon, lien. ~quity a
•ipM vnder or by vNtve of thif mortgsge and the full amounr of mch and every wch payment shall bv immed~a~ely dw and piyabk and ~ha11 '~r a+fMbt
hpn the dat~ tMrwf w.til p~id a~ rare of nine pe~ cenrum pe? aRnvm and toyNher x~~h svch ~ntereft shslt be secwed by the ~ien o/ 1h:s morytap~.
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