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iHiS INOENTURE, Mad~ ~he Zbth d+y of Ka~..r. A.D. 14
7b b~twMn
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John J Nichola~on and Pasela A~ Nicho2asoa~ his wife
of 5~ . Lucie , C~~y F~~. ?wr~inaft~r d~siynated thw) "IWa~(~Oi~y ~pd fIRST fEDERAI SAVINGS AND IOAN
ASSOCikT10N OF FORT PIERCE. ~ owpaatia+ orpu?iz~d and ~xis~inp wxlM 1M laws of tlw Unitsd SbNS of /lmariu ~nd luvir+p its printipal plau of
busi~»u in tM City of fon Piww S~. luci~ Coui?ty. Flaida. I+w~inaf~u d~siprnt~d as tM "MORTGAGEE." ~
WHEREAS th~ MORTGAGOR b jwtly ind~bt~d to /M MORTGAGEE tn the ium of = 30+0~ ~ ~ pood and lawfvl money of ths Un~1ed
St~tes advanced by ths MORTGAGEE umo the 1NORTGAGOR, es ~videnced by • certain promiswry not~ of even dat~ her~with, of which tM folbwirp in ~
wordi and fiy~res h a t~w copy. lo~wit: ~
= 30~~~ ~ ~ ~ 1~~7 a
• w.~ wK~.. F~o.cd.. M$Y 26 ~y76 ~
Fo? valus received, 1, we a either of us, prom~se to pay, without defa!cation, to the order of FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION Of ~
FORT PIERCE at Forf Pie~ce, Fbrida, tha sum of ~~Q - with iroerest from date at tM rsta of 8• 7'16 pe? +nnum, in monfhly inttall-
ments ss foltowr. = 2d7 _O~ on the ~~day of S~L~~! , 19 ?a ~nd a like ium on tF?~ cwrespond~ry day of each month th~rr
a(~er until the whole be fully paid.
Each installment first shall b~ applfed in paymeot of the intercft and then oe~ the unpaid bal~nce of the prindpal sum. If default is mads ln 1M ?
payment of aoy in~tallment when due, and such defa~lt conrinues 30 days, then at the option of the holde+, and withou? ~ny other notice, sll rhe rem~ininy !
~nstaUments shall be d~e +nd payable at once. Privileg~ is given to prepay this noro in whol~ or in part al any time without pcnalfy. Nei~her forebear~nts, ~
nor ecceptanta by the ho~da thereof aiter any defaulf in any payme~ts heteon, shsll be deemed extension. A late payment charge of i.~-~e~, shal) bs
added to each ins~sllmem remaining unpsid 7 day~ ~fter Hs dw dat~, ~nd ~ like ium shall be adcied to each such insta{Iment remaininy unpaid 7 days aher
each succeeding paY~xnt date. j
Each maker, surery and endorser hereof, jointly and severally, waives demand, presentment protest and notice of p~otes~ fw nonpaymenL ~nd furtF~
agrees to any extension of tima of payment, eithe~ before w aiter m~turity, without not~ce to any of us; and to pay all costs of collection, includi~p a
reasonable attorney's fee in the event of a~y defavll herevnder, snd Mreby severally waives all bene(it of homestead a~d ezemption under ths tonatitvtion
and laws of each State ot tF» United St~tes, es against this obiigstion w~ny ext~~tion or rtnewal heraof.
Wi~neu ~he Mnd and seal of each parry_
s/John J. Nicholason ~
cs~?U
s ase a nn c a a ca ~~U
~ $45.00 , stst~ aev~nw
(S~r«wnlbi w+~iwa1 30 000 a 00
NOW, 1HEREfORE, the MORTGAGOR for the purpose of secwing p~yment of sa~d sum of = + ~nd tha perform+nce of tM
covenann and +9reemenn hereinalta eapreased, and fw divers good and valuabk considerations, by these presents, does grant, bar9sin, ull, remiss,
release, convey and tonf~rm unro the MOATGAGEE, itt s~cceuws ~nd assi9ns, all ?hat canain lof, pieoe or pucel of land, situate, lyinp, and beinp in tl»
Counry of $t . I.ucie and Stat~ of Fbrida, desuibed ~s fqllows:
Lot 2, Block 172, PORT ST. LUCIE SECTId~i 4, according to the plat thezeof on file
in Plat Book 12, Page 14, Riblic Records of St. Lucie Cour~ty~ Florida.
~Q-S/,j _ d~D~- U a ~ C
By agreesent of Mortgagor and Mortgagee on file with Mortgagee~
the within ~ortgage secures not only an existing indebted~ness,
but al~ ADVANCBS to be HBRHAF?ER aade by Mortgagee to Mortgagoz,
I the aggregate of which will equal the principal atount specified
in the pzosissory note secured hereby. - -
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~ ~Ta-~-E ~F FLQ~?~C;~:, 1
' GO~U~.iEN1
~r r_ AKY-
~ X^ ~ LCPi G= kEYi:'~!f~_`'~:{~,1.'~~ S~~ay~1~_t
,f l~ i~ nre.cw~cn e" ~K ~~QR ~p TAX~
C~ i~ ~ ~ n~•~
" •r ll') - . f ~ , VYL V~~ {AA7.7 ai ~1~'M<V~Vat fC~~JV~v~I ~RVrGn1I~
; = E9~- =.~1, 4 5. ~ 0 ~ PURSUAI(T TO (~111PiER 71-13~. ACiS OF 1971. ~,{~t
~ ROGER POITRl1.t 1' - ~
~ ~ ~~pq~ OpURT~ ST. tt)CIE ~0, fU1,
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~ togetMr w~th all and sinyular the tenementt, hereditartMnri and ~ppwtances therwnto belonging a in ~nywise appertaini~g thNefo, and all ren», iuws.
proceed~ ~nd profits scc?uirg u~d to ~cuve irom said premiaes. •II of which ue included in tM abov~ and fonyoinp description ~nd hsbendum.
TO HAVE AND TO HOW the above.tlescribed ~nd 9?+^ted pre*nis~s u^to the said MORTGAGEE, itf sucuswrs and sssipra forwN. Md t!w Nid
~ MORTGAGOR fw theiY fxecW«s, adminis?raton and assig~s, hereby cmnnams with tta said MORTGAGEE, it~ wocesso~s ~nd atsipns,
~ ~~t _ t hhey aze bwfully se~zed of tM said premises in fk simplr, that tM s+me ~re fre~, clesr ~nd disch~ryed from all ikm +nd ~
bra~cea in law w in equity, and that will and their heirs ~hall wurant and defend ths titb to tM saem to tht aid
MORTGAGEE, its succeuws and usiyns, forever sgainst tF~e lawfvl claims and dem~nds of all penaq;
PROVIDEO, ALWAYS that if fhe 1NORTGAGOR shall p~y unro the MORTGAGEE the promisw?y not~ herei~?b~fort describ~d ~nd shaU buly, promptly '
•nd fully pcrform, d~uMrge, execut~, complete, comply witk and ~bide by each and every tlK sfipulatiom, apreemen», conditaro ~~d ooveMnb of s~id j
promisiory not~ snd of this Mwtgsye, then this Mortgye and the Es~ate hereby veated ~hall cease ~nd be null ~nd void. ~
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IT IS UNDERSTOOD th~l tl+e wwd "Mortgsgor" whether ir? the s+ngvlar or plur~l anywher~ in this Mortp+ge, ~hsll bt sinyula if on~ only ~nd
a shall be plural joinfly a~d severally if more than ons. +nd that the wwd "their" as used ~~ywF~ere in this Mortp~ge shall be taken to mtan "his;' "h~n,"
~ or "its," wherever the context so implies a+dmifs. Also, tMt wherever there is • re(erence in th~ coven+nts and syreernem~ herein oont~in~d to any of
"s
~ the psrties h~reto, the ume thal) be conitrued to me~n ss well ~s tl+~ hein, kya) rtp~esentstives, successors and assipro (either voluntuy by scf of tM
~ parties or involuntary by operstion of the bw) of the ~ s~me ~nd that the coven~~ts herein contained sMll bind and ~he benefin •nd ~dv.nrapes irwn ~
~ to the respective hsin, le~al repressnt~tives, iuccesso.s and au°yra of tM parti~s hereto. ~
And said Mortyagon, for themselves and their heirs, ley~l repreientstives, wccesson ~nd ~uiyns, hereby 'pintly and sever~lly cov~nt and prk
~ ro ~nd with tM said MORTGAGEE, its svocesswi ~od ~aiyix: ~
# 1. To psy all and sinyular tM printipal ~nd inrerest and th~ wr~wn ~od sundry sums of money pay~ble by virtue of said promissory not~. ~nd tFds ~
• mortyaye, each ~nd every, promptly on the days retpeclively 1he same ssv~ratly becomt dve.
~ 2. To psy all and sirgula~ tlu Nxes, as~etsmenn, levies, liabilities, obliyatam and encumb~+nces of every natwe and kind now on said deavib~d ~
property, o~ th~t hereafter may b~ im~wed, wffered, plated, levied, o~ ~uessed thereon, p th~t hereafier may bt levitd w aase~sd upon this Mort¢
ay~, a tM indtbtednsu secured Mrsby, ~ach ~nd wery, when d~e and payabl~, accordinp to I~w, beiwe they become delinqwM, and b~for~ a~y inNre~t
~ attaches or any pendty is incurred; AND INSOfAR AS ANY THEREOF IS Of RKOR~ THE SAME SHALL aE PROMPTtY SATISfIED ANO oiset+nrt~fo OF
~ RECORD ANO THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSEO
~ OR CERTIFIE~) SHAII EE PLACED fN ?HE HANOS OF SAID AI~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that ~ny thKtof b not
paid, sst'sfied •nd d~uharged ia:d MARTGAGEE may •t any time pay the sart+e or +ny part thereof without waiviny or affecting any optan, litn, pvity or
~ •~ahr under w by virtue of this morrg~ye and the full ~mount of each and every such psyment shall bt immcdia~ely due vnd p~ysbk ~nd shall bear interest
~ ~rem the date thereof vntil paid at rate o( n~ne per cemum per •nnum and toye~ner w~th suth imerest ~hall be secu.ed by fhe liee of th's moryt~pe. ,
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