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TH~S INOENTURE, Mad~ ~h.__llth_ d.y of ~'y AD. 19 76 betw~en
J, O. Abbey, a single adu~ ~
of St . Luc ie ~p~~ty Florida, h~rainihN dsig~eted ~i ths "MORTGAGOR," and FIRST FE7ERAL SAVINGS AND IOAN - ~
ASSOCIAiION OF fORT PIERCE, • corpwat~on ay~ni:ed ~nd ex~~~~nq under th~ lew~ o( ths Un~ted St~~~a of Arnaic~ ~nd h~vinp it~ prirKipal ptu~ of
bu~inai In ~h~ City o~ Fwt PiKC~, St. Lvci~ County, Flo~id~, F~erein~fter desiyna~ed ~s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR Is iwtly ind*bted to the MORTGAGEE in tM wm of s_24Z8OO.~0 9~ and Iswiul money of tM Uni1~d
StNN +dwnced by tM MOitTGAGEE uroo tha MOk~GAGOR, as av~denced by a certsin promissu~y note ot even de~s herewith, of wbrch tM (ollowinp In
wad~ ~nd fiyur~s is ~ uw copy. towit: '
: 24 ~ 800. ~O t~o 1002191 S
Fort Pieres, florida, _ ~y 11 , 19 76
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fw value received, I, we w~ithnr of us, p~om~se to pay, wiihout defalcat~or., to ~he ordrr of FIk$i FEDERAI SAVINGS A~~D IOAN ASSOCIATION QF
FORT PIEKCE at Fwt Pierce, `lorids, the sum o! S-~Qi~Q~~-- w''h ~^t~resr from date ai the ~ate of Q~Q_R6 pe~ annum, in monthly inatsl{-
menta as foI!ow~: 5224 • on the ?Ot11 ~y of _ J11Re ~q__ ~6 ~~d a like ium on the corrospa~d;nfl day of exh monlh therr
afr~r un1i1 the whole be fully paid.
Each installment firat shall ba app;~ed in payment of Ihe in!ere?t ~nd ihrn on the unpaid balance of the princ:pal sum. If default ii made fn tM
paymtnf of any inftallment when due, and suth deiault tontinues 30 days, then s~ tiie option of the holder, and withou! any othx ratit~, all th6 remainin~
installmenri shall be due and payable at wrce. Privilege is given to propay thla note in whole w in part at any t~me without pcnalty. Neither forebearsnc~,
nor att~pt~~te by the holdt~ th~r~of ~h~r any dvfault in ~n~ paYmer~t~ hereon, shall bs dcanud ext~nion. A lste paymen! charq~ of ~aa~?a~Q ~hal{ bt
aJded to each inslallment remainin9 unpa~d 7 days after its due date, and a~ike sum shall br edded to each s~ch installment remaininp unpaid 7 d~ys aft~t
eac6 succseding payment date.
Each m:ker, svre?y ~nd endo~ser hereof, jointty and severally, waives demand, p~eaentment protest a~d notice of protest fw nonpayrrKnt, and further
agrees fo ~ny extension of time of payment, c~ther before w af!er mat~rily, wi~Fw~t nol~ce to any of us; a~d to pay all costs of collection, includinp ~
reasonable ~ttorney's fee in the event of ~ny defauft hereunde?, and hereby screraliy waives a~l benefit of ho~nestead and exemption under the con~tiMion
and laws of each Srare of the Ln~ted States, ai aga~nst this ob:~ga~ion or any exte~~so~n o~ renewal hereof_
Witncss the hand and seal of each party. ~
~ J. O. Abt~ev~ a sinflle ~,~p i
. _ . adult ts~?u '
(S~?U
i
$37 20 `
( • ) State Revenue ~
LSOmi13~t~Q1.'~ID~ IIQQ
NOW, THEREFORE, 1Fx MORTGAGOR fw the purpose of secvring payment of said sum of = 24 ~800. ~nd tM performs~te of fM ~
covenants and apnemenq hereinafter expressed, and for d~vc~s good and vs~uable cons~derstana, by thes~ pres~nts, does yr~nt, bary~in, tell, rsmiss, 3
release, convey ~nd con(~rm unto the MORTGAGEE, iti s~ccessor~ end auigni, all tnat cenain lof, picce w paresl of land, aituate, lyinp, and beinp in th~ ;
r
County of SL . ~.t1C 1Q ,~nd State of Fbrida, described ~s fotlows: ~ '
Lots 2 and 3, Block 7, OAKLAND PARK SUBDIVISION, as per plat thereof _
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on file in Plat Book 2, page 7, of the pub2ic records of St. #
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s
Lucie County, Rlorida ~
~ ~ ~/o- ~7D 9- DD 3 3 - oo ~ / ~
ilG£ C,y!.Y n
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By agreement of Mortgagoz and Mortgagee on file aith Moztgagee, the
within oortgage secuzes not only an existir.g indebtedness, but also
ADVANCES to be HEREAFT£R sade by Mortgagee to Mortgagor, the aggre-
i gate of ~rhich will equal the principal aaount specified in the pro-
~ sissory note secured hereby.
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! Q' STATE ~F F~ OR=.~A ~ `
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~ rz DC~U~tiENTAR~'•:-_-:';, SIAMP ir^- i I ~ryFp 'V IN PAYMENf OFTAXE;~ - ~
i-~ " UE~T. OF FtEV£Hl2E . ~ ' DI~ ON CLATS'C tNTAI'~IdIE PERSONAL PROPERIY, :
; 3 7. 2 0 1 PURSWWT TO CF1APiER 71-13~. M:rs oF i9n.
~ ~ _ _ MAT f 2'76 -~.y~ (
~ - FB. R06ER POITRAS ;
o - f ~,~32 ~ ~ "
q.ERK CIRdH~ OUttRT. ST. UlCIE C0~ FIJI
~ .
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~ tc~gethar with aU ~nd ainyular the teneme~b, hered~tamenri ~nd app~rtantes thereuMO bafonginy or in anywise appsrt~ininp thereto, and' aU renri, iuues, :
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~ proc~eds' and profib uuuiny and N acaue from said premises, all of whid~ are included in tM above aod fore~oing description and habendum. ~
~ TO HAVE AN~ TO HOW tM above descritud ~nd y?anted prem3ses unto tF+e s+id MORTGAGEE, in successors u?d auipns for~v~r. Md th~ saW ~
~ MORTGAGOR fw he r heirs, executors, administwtors a~d sssigns, hereby tovenanls witk the iaid MORTGAGEE, iri ~vctsuat and astipro, ~
~ St1@ 15 ~~r„fully xi:ed of the said premises in. fee simple; that the same are free, ciear and diicMryed from ~11 lie~s Md ~ ~
~ brancss in law w in eq~ity, and that s~ will •nd ~r hein sh~ll w~rranf and d~f~nd the titlt to tM sam~ to tM ~aW
MORiGAGEE, ib wcceuors and assign~, forever ayainst tht lawivl claims and demands of all persons;
; PROVIOED, ALWAYS that if the'MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore d~sttibed ~r+d ~MII truly,~promptly ;
and fully perform, d~scMrge, execute, compkte, comply with and ab~de by each snd every the stipulations, ~greemenb, condita~s and tovtosnb of said '
~ promisswy note and of this 1Nortgage, then this Mwtgsge and the Estate hereby aeated shall cease a~d be null and void. j
3 IT IS UNDERSTOOD thsl ths word "Mwtysgo~" whether in the singuler or plural anywher~ in this Mwtg~pe, shall bt sinpular if ont only and .~e+ :
~ shall be plwal 'pintly and t~verally if mor~ than one, and that the word "their" as vsed anywMre 1n thh Mo~tgape ~hall be t~ken to mean •'his,•• •'Mn;• r,~ ~
w"iM;' wherever tM ca?te:t w imp~ie~ a admits. Al~o, that wFKreve~ there is • reference in the covenanb and apr~ements hetsin oontained fo ury of
~ th~ puties hereto, the sarn~ thall be corutrued ~o mean as well ai th~ he~ri, le~al apresent+tivcs, avccessors and as~igm (eithar voluntary by act of tIK ~7 :
partits or involuntary by oper~tion of the law) af 1he same and thst the covtnants herein cont~ined sh~ll bind and tM benefits and adv~nt~p~s irwu~
~ to tM respediw hein, leyal rep~esentatives, ~uccessors and ass~yns of the p+rtiet hereto.
~ Md said Mwtpa9ors. fa tF~amselves and their heirs, legal representstives, successors and auiyns, hereby joinlly and sev~rafly coven~~f snd apr~e a
~ ro and with tiw said MORTGAGEE, ib s~ccessors ard ~ssigru: _ y~ ~
paY ~p pr' pa undry Y paYable by virtw of said promiawry note, and thi~ ~
~ 1. To dl ~nd si vlar tM ~nci I and interest and the wriovs and s wira of mw?e ~
mortya~e. ~ach u~d ~very, promptly on tht days rnFect~vely Ihe same tewr~lly becorn~ dw. ~ * #
~ Z To p~y all a~d sinpvlsr the taxes, auesunenn, levies, lisbiliries, obliys!ans and encumb~arKSS of every natur~ and kind now on ~aid d~wib~d ~
~ prop~nY. _a that hersafter may b~ imposed, suffcred, pt~ced, levied, or ~ssesud thereon, or 1Mt here~fta m~y b~ Iwied w astess~d upa~ thh JMorl~ ~
p~, a the b~debted~eu ~ecvred Mersby, each and svery, wi~+ due ar+d paysble, ~ccordinp to liw, before they becom~ d~linqvent, and b~fon ~ny k?fKat
~ ansches or a~r penalty is inturrcd; AND ~NSOfAR AS ANY THEQEOF IS O: RKORD THE SAME SHAII dE PROMPTLY SATISFIE~ AND DiSCHARGEO OF
RECORO AND THE ORIGINAL OffICUI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFfICIAIIY ENDORSED
OR CERTIFtEQ) SHAtI SE PLACE~ IN THE HANDS Of SAID lNORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd i~ tF~e tvent th~f any thenof h nof
~ paid, sat:sfied and dixbar9ed ss:d MORTGAGEE may at a~y t~me pay the same w•ny part thereaf withovt waiviny w~ffsttinp aoy option, lien, pvity or
~ •iQht under or by virtue of this mortgage and the lull amo~M of e~ch •nd every such payment shall be immediately dve and payabl~ ~nd shall bear intN~st
~ ~rom Ihe d~t~ thereof un~il paid at rate of n~ne per centum per annum ano toge~her with such interest ahall be secured by the lien of th:s morptaye.
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