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THIS INDENTURE, Mad~ tht igth day oi r~dy A.D. 1976-- betwNn
Joseph G. Spitz, a sinqle adult ,
of t. UC1E' Cp~~y Flaid+, F?aeinaft~r d~sign+ted ai 1M "MORTGAGOR;' and fIRST FFOERAL iJ?VINGS AND IOAN
ASSOCIATION Of FORT PIERCE, • corpa+tioe~ or9~ni:~d and ~xi~~ing und~. tM taws of tM Un~~~d St~t~t of Ameriu a~d Mvinp in prir+cipal plac~ of
bu~iness in tM City of fat P~a, St. luci~ County, flaid~. Mr~inah~r d~~iyc~t~d as th~ "MORTGAGEE."
WHERE/lS tM MOIiTGAGOR b jv~~ly indsbted to 1M MORiGAGEE i~ th~ ium o( : 28 a ~00 good +~d fawful mon~y of the United
Stat~s advanced by the MORIGAGEE unto ths MORTGAGOR, as ~vida~ced by a ce~lai~ promisso~y note of even date herewith, of which the followinp in
worda N+d f' wss is • trw copy, towit:
= 28 ~UO~. 00 No 11U0042U
~ Pie.~•, ci«cd.. May 19, w 76
Fa value receiwd, I, we w either of us, promi lo without defalcalion, to the orde~ of fIRST FEUERAI SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at fort Piac~, Florida, the sum oi i?~ ~~~V • O~ w;th interest from d~te at the rate of 8' S 96 pe~ +nnum, in monthly lnstal4
menrs as 1ollows: = 226.~~ o,,,~ 20th ~Y of _ June ~q 76 and a like sum on th~ correiporwl~++p day of exh month there-
after unril thc wnole be fully paid.
Each ir~sullmrnt fint shall be +pplied in paymeM of the tnrorost and then on the unpa~d bala~ce of ths princ~pal sum. If de(ault is made tn tM
payment of any irotallment when due, and such defavlt tontinuet 30 days, then at the optan of the holder, and without any other notice, all the r~m~ininp
insta~lmcn~s shail be due and payabk ~t once. P?ivilepe is yiven to prepay this oote in whole w in p+rt at •~y f~ms wi~hou~ pcnatry. Nei~her forebearanos,
nor accep~snce by the holder ti.aeof after any defsult in anY psYmsnt~ he~eon. ii?~I) b~ deen+ed extensio~. A lare pa~n+xe?f d~+roe of 1i--1-+-~Q ~1?+~1 bs
added ~o ~ech insultment remaining unp+id 7 day~ afte~ in dw dat~. ~nd e lik~ swn shsll be' added to each such inst~Ilment remai++inq w~paid 7 d+ya ~he~
each s~tceeding paYment date.
Exh maker, svrety and endorur hereof, jointly and severally, wsives demand, p~esentment protest and notice of protat for nonpayment, ar+d furthar
agrees to sny extension of time of payme~t, either before w afler matur~ty, without notrce to any of us; and to pay all co~ts of colleciwn, includ:nq a
reasonable attwney's fee in the event of any defauh hereunder, and hereby severally waives all bene(it of homestead and exemptioo under 1FK canstifution
and laws of e+ch State of 1F+e United States, as against this oblig~tion ot any exttn~ion a renewat hereof.
Witness the h~nd and seal oF e+ch party.
S/' Jos~ph G. S,pitz, ~
_ ~1 ! a single adult ~U
RECEIYfD ~ r IN ~NYlrl~ ~NT~ ~wu
0lIE ON CIASS'C' INTANGIBIE Pf2S0Yu PRO?ERry. ~U
$42.00 PUR5IMNT TO GIAPTER 71•~34, ACiS O~~Il7t'
t 1 Sute Revenue 3[!
c~~+~ ~ ~6,~ ~o~s) Ii06ER POITRIIS y
NpW, THEREFORE, the MORTGAGOR for ~ir~~ ~i p~~ of i 28 +~d tFit perform+r~ce of th~
covenanb and apreemenb hereinslter e:presscd, ud fw divers 9ood ~nd wlwbf~ aonside~atans, by thess presents. does ~rant. ba~ya:n, sell, remi~e,
release, canvey and con irm untp the JKORTGAGEE, itt successors ~nd suiyns, sll 1Mt ceriain bt, pieu or parcel of land, situat~, lyinp, and beinp in tM
County of . ~ t. LUC 1 e ~ Sut~ of F{orid~, describ~d fdlows:
Apaztment Ho. 201, Building ~I of ISLAND HDLiSE C~ONDOMINIUMS, PHASE II,
according to the Declaration of Condominium and all exhibits thereto
clated May 13, 1975, recorded ,luly 10, 1975 in Official R~cords Book 241,
nages 1626-1700, of the public records of St. Lucie County, Florida,
together with all of its appurtenances according to said Declaration of
Condominium and all exhibits thereto and together with all tenements
and hereditaments thereto belonging or in anywise appertaining to said
' apartment . ~~et • 15-- 7~ 7, 00 DO dd O/~
~ ~ MlY ~
I L a ~ l.l ' +i ~ -.r~
~ ji.~rsJrx."T tv ine ieinis~ c.~vei~a~~~~, ay-ic2,~,2~~~5~ ~~.,~~~~a,~~:,:.~ ~..d provisions of
~ said Declaration of Condominium and all exhibits thereto which the Mortgagor
~ in all things does covenant to Mortgagee faithfully to observe and perform.
~ By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
~ within mortgage secures not only an existing indebtedness, but also
~ ADVANCES to be HERFAF'!'ER made by Mortgagee to Mortgagor, the aggregate
of which will equal the ~rincipal amount specified in the promissory
~
~ note secured hereby.
to~ether with all and sinyular the tenements, heredit~m~nti ~and appwtsnces thereunto belonginq a in ~nywise ~pperlsining therefo. ~nd dl rs~ts, issws,
~ proceeds snd profits xauing a~d to acvue from said premises, all of whid~ u~ included in the abov~ ~nd for~poiny d~saiption ~nd I~ab~ndum.
e
~ TO HAVE AND TO HQID the ~bove dewibed and ynnted premises unto the said MORTGAGEE, its :~rccesson and suiynt fwevK. sa
MORTGA R{q r11 S _~~rs, executon, administratas and sssig~s, hereby covenants with the ~aid MORTGACsEE, its wttes~ws and sisipm,
~ rhat ~e 1 S-- Iswfully sei: of the said premiaes i f~e s~mplr, that tl+t wms ~re f~~s, dear ~nd dixhuged from ~II li~ra ~nd Mcwo-
~ brancet in law or in equity, and that ~e will and ~ 1 S heiis shdl wsrrant ~nd defend th~ titl~ to tM s~reN to fh~ s~k!
MORTGAGEE, iq succeuors and auigns, forever again~t th~ lawful claims s~d demands of all persons;
PROVI~ED, ALWAYS that if tFx MORTGAGOR ahall pay unto the MORTGAGEE the promiuay rote hereinbefore desuibed and shall truly, promptly
- and fully perform, d~scha.ye, execute, compl~te, comply wi~h •nd abide by each aod every tFK stipubtiau, apreements, condii~ons +nd cover.u~b of said
~ promissory note and of this Mortgage, then this Mortgsge and the Esute hereby veated shall uast and be null and void.
IT IS UNDERSTOOD that the word "Mwtyagor" whether in the sirguiar a plur~l anywhers in tF~is Mortype, ah~ll be singul~ if on~ only u~d
~ shsll be plur~l joi~tly and Nve~dly i( more tMn one. +nd that the wwd "their" as used ~nywfiere in thi~ Mortyaye thall b~ taken to mean "h'n,•• •'hen••
~ or "its;' wherever ~he context so implies a admits. Alw, thst wherever there is ~ reference in the covenanb and eyreemenri herein contai~ed fo ar?y of
the puties hereto, tF~e same shall be construed to mean ~f well as the heirs, kgal representatives, sutcesson ~nd assigro (~itF~e? voluntary by M of NN f:~,ts
~ p~nies or imolunt~ry by operetion of the I~w) o( the same and that the covenann herein contained shall bind and th~ be~efill~ind advantpes irnNe
~ to the re~pective he'vs, k9al represe~tatives, successors and ~u~yns of the pahies hereto. ~'7 r~
Md ~aid Mortyayon, for themselves and tF~eir hein. leyal represent~tivas, s~aessors ~nd ~uiyro, hereby jointly and ~evaally cov~naM ~nd prM ~
~ to ~nd with the ~aid MORTGAGEE, its successors ~nd ~uqm:
~ 1. To pay all and sinpul~r the principal snd intaest and the various and sundry sums of money p+y~ble by virtw of seid promissory not~, ~nd thb ~
mort9~ye, each +nd every, promptly on tFw days tespectively tM same awrally become due.
~ 2. To psy ~II and wpulx the taxes, assesunenb. Isvies, li~bil~ties: obliyatiwu and ~ncumbranc~s of ev~ry n~?ure ud kind now on iaid d~wib~d
property, a that he~eafter rrwy be imposed, wffered, plated, Iwied, a auessed thenon, w tMt he?eaftet m~y b~ {evied a assessed ~o~ this Mor1~
~ p~, a tM indebtedneu sec~red hereby, e~ch and wery, when dw and pay~ble, aaordinp to law, befa~ they becan~ delinqueM, and befor~ any im~rat
~T attaches or +ny penalty is inturred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIt BE PROMPTLY SATISFIEO AND ~ISCHARGED OF ~
~ REGORD ANU TME ORIGINAL OFfICtAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfICIAUY ENDORSED
OR CERTIf1ED) SMAIt BE PIACE~ IN TNE MANOS OF SAID MORiGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; snd in the ~veM IMt ~ny fMrwf is not
paid, sat"ified and d;scharged sa:d MORTGAGEE may at any time pay the same or any part thereof wi?hovt waiving w•ffectirq sny option, lien, p~ity or
~ •~aht under a by vir~ue ol thii morrgaye and the full smount of each and every such payment shalt be immedi+tely due ~nd payable ~nd shall be~r inttt~st
~ hom the d~te thereof until pa~d ~t ~ate of n~ne pe~ cmfum per annum ~nd toyethe~ w~th such inte~est sh~ll be secured by the lien of th:s mwQtayt.
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