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THIS INDENIURE, Mad~ th~~ ~7th day of ~y ~ A.D. 19 76 betw~?
Dale B. Saith and Ma~zth~ A. S~ith, his wife "
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of St • LUCi@ County FlOrida, MninaftN dstignated ss tha "MOR AGpR;'t {n~qld$~ FEGtRAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE. + corpor+ran orpa~ized ~nd existirp unda tM laws of tM Un~t~d S~~?~s of Mwriu n~ Mv:i+p iri principal p1ac~ of
Mr~iruss t!N Ciy of fort PiKCt. St. lvc~e Cavnty, fbrids, htiaeaahtr dastpruted ai tM "MQRTGIIGEE: '
WHEREAS tM MORTGAGOR a j~~tly ind~bi~d to tM MORTGAGEE in ths sum of = 18 ~4~` ~ go4d and Iswful money of ths United
Stat~s ~dvanced by the MORTGAGEE unto the MORLGAGOR, as evidenced by • ccrtain promissay rw4 of even dat~ heie~vith, of which'ths followii+p in
wads and figv~es is a trw copy, to-wi~: .
: 18,400.00 ~ ~ ~ 10021946~
Fort Piern, florid~. ~y 27 • 19 76
Fa value received, 1, we a eithe~ of us, prom~ss to pay, without defatcatiun, to Ihe order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the sum of s 18 s4O0• ~ _ w;th interest from date at the rate of 9' ~_°16 pcr annum, in monthly irtsfall-
~~t: souo,~,.: s 166•~ ~ Z~tZ1 ~y of .~lll~l _ 19 76 ~nd a(ike sum on the correspond~~g day of ~ach month thtre-
after until the whole be fulty paid.
Eath insraiimeni iirsf siuii be applied in paymert of the inierest and then on ~he unpaid baiance of the princ~pei wm, if deFsuTt is made in ih~
payment of •ny iostallment when due, and such default continues 30 days, then at the option of the ho:der, and withovt any other notice, all the remaining
instatlmenq shall be due and payable at once. Privitege is yiven to prepay this r.ote in wiwle oP in part at any time without penalty_ Neithe~ forebesr~nce,
nw ~cceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on_ - A late payment charge of = 8• 3O , sMll be
added to each iostallment remaining unpaid 7 days sfter.its due date, and a like sum shall be added to each such inatallment remaining unpaid 7 dsys ~ftK
exh s~ccesding paym.enf date.
Exh make~, surety and endwse~ heceof, jointly and severally, wa~ves dema~d, preaentment profest and notice of protest fw nonpsyment, and further
agrees to any extension of time of payment, either before u aiter maturity, wtthout not~ce to any of us; and to pay atl costs of collection, includinp •
reasonsbk attorney's fee in the event of any default Fiereunder, and hereby srvcrally waives sll bc~efit of homestead and exemption under the conatitution
and laws of each S~ate of the United Srates, as againat this obligation w any exunsiop or renewal hereof.
Witnes~ the hsnd and seal of e~ch party. $nith
S/ Dale B. ~U
(s~?U
1 Martha A. Saith ~
~ $27.60 a State Revenue .
fi~+~~s.ransdt~~r.osyi~sL ~at~ .
l0 IM M
NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring psyment of ssid sum of = av ~~vv• vv , fM perfotmance of th~
covanants ~nd ~praements F?ereinafter expreued, and fw d~ver• good end valuable considcrations, by thes~ presents, daes grent, bar9~in, sell, remiss,
retease, tonvey and confirm unto tht MORTGAGEE, its sutceswrs and suigns, all tMt u~tain bf, piece or partel of land, situate, tyirg, ~nd beir?p in ths
Counry of St . Luc i e and State of Flwida, deK~ ibed as follows:
Lot 12 and the Bast 20 feet of Lot 13, Block 11, MARAVILLA PLAZA
SUBDIVISION, according to the plat thereof as recorded in Plat
Book 5, page +44, of the Public Records of St. Lucie County, Florida.
APPRA~ffRt ~ ~ ~c~~- ~~~~5-- C~ O ~
ucf enur
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By agreeaent of Mortgagor and Mortgagee on file
with Mortgagee, the within aortgage secures not
only an existing indebtedness, but also ADVANCfiS
~ to be HBRBAFTBR sade by Moztgagee to Mortgagor
~ the aggregate of xhich will equal the principal ~
~ asount specified in the promissory note secured 4~ ;
~ . hereby. • ,
~ ~ =
3
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~ STA7~~ ~F=`r=L~R;~~~ ~ . ~Nw?n~~Tpx~ ,
( ~ i QrJCJt~I'.LN ~ A~'Y --,,,e. 5's ti Nt P 1 i. ) t RECEIV~ ~IBIE P~~~ p~~~ '
E ` l~_P'. J' REtiEHUc I DlE ON C~ ~i$ OF 1971. t~ i
- = - t -~~.~N ' i q qNpTER 71-234.
K~ - PB. ~_Nt~{'~7u;' r~ L. 7 6 0 ~ pUti.SllNii 10 ~ER POITRJ?t~~ F~ ±
o = . , . ~2~ _~~.:f ~ ~ _ 1 ~~c c?Raun a?~1. sr. :
;
~ royethe? with all and singul~r tF~e terurrKntt, hereditaments and appurtances thereunto belonging w in anywise appertaininp therero, ~nd all renri, issws,
~ proceeds and profits acv~ing and to accrue from ssid premises, all of which are included in the abov! and foteyoiny description snd habendvm. ~
`s
~ TO NAVE AND TO HOID the above described ~nd g.~nted premises ~nto tM said MORTGAGEE, in s~ccessors and ~uipns forev~r. Md th~ iafd =
~ MORTGAGOR for th~iY heirs, execvtor., administrators and •ssigns, hereby covenanb with the said MORTGAGEE, iti successors ~nd sssipro, '
~ that the~r aze _~,Wf„uY kized of the said ppremises in fee simplr, that tht sme +r~ free, cku and dischar~ed from •II liens and ~ncvm- ;
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brances in law or in equiry, +nd that they w~~~ their ihall w~~ra~t and dsfend the t~tl~ to ths same to th~ uW
- MORTGAGEE, its successors and auigns, fwever against fke tawful claims and demands of all persoru;
~ PROVIOEO, ALWAYS tMt if the MORiGAGOR shall pay unto the MORTGAGEE tM promiuory rate hereinbefa~ dewibed and shall huty, prompfly
- and fully perfwm, dixharge, execute, complete, comply wi~h ~nd abide by each and every the stipulations, ~greements, conditiau ~nd coven~nb of said
~ prom~swry note and of this Mortga9e, then this Mortgsge and the Est~te hereby ueated tha{I ce~se and be null and void.
s
~ IT IS UNDERSTOOD that the wwd "Matpagor" whether in Ihe s~ngular or plu~al anywhere in this Mwtgsge, shsll b~ sirgula~ if on~ only and~.~ `
~ shell be plural jointly and sevewily if mo~t than one, and that the word "their" as used anywhere in this Mwtgaye ~hall be taken to msan •'his,•• •'INrs," '
r, or "its;' whe~ever the context so implies o~ adrits_ Also, thst wherever the?e is s reference in tFw corenants snd sg?eemenq herein containd to any of
the parties hereto, the same shall be cw?sNued to mean ss well as 1he hein, leyal represenbtives, successors end sssigm (~ither vol~ntary by ~cl of th~ i
~ parties or involuMary by operation of the law) of the same and that the covena~ts herein contained shsll bind and the benefib and advantay~s Itwrt
~ to the respective hein, leyd represcntetiv.es, :uccessors and au~gns of the psnies t~ereto.
~ And said l4to.f f
~ gagors, for themselves a~d their heirs, legal representatives, succeswn and ~uiyni, hereby jointly and Nv~rally coven~nt and ayr~e -p
to and with tM said MORTGAGEE, its s~ccessors end assigra: ~
~ 1. To pay all and sinpular the princip~l ~nd interest and the wriovs and sundty wms of money payabk by vinue of said promiuory rwtt. ~nd thb
~ mortyage, each ~nd wery, promptly on the days respecfively the ssrtu seve?alty become due. -
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~ 2. To pay all ~nd sirgulu the ta~ces, assesunents, levies, tiabilifies, obliyations and encumbrarxes of every nature and kind now on said d~wib~d ~
~ propsrty, or that her~sftN-may bt impos~d, iuffered, placed, ievi~d, or ~ssesud therew4 a tFut hereafte~ may be Iwied w auessed vpon thit Mwt¢
~ ayt, a tM indebtedness ucurea hereby, sach and ~very, wMe~ due and payable. ~ccwdinp to bw, befor~ they becom~ delinqvent, and before arry int~r~st :
a r t a c
F ~ e s p a n y p e n a l t y i s i n c u r r e d; A N D I N S
O F A R A S A N Y T H E R E O F I S O F R K O R D T H E S A M E S H A I I s E P R O M P T L Y S A T I S F I E ~ A N D D I S
C H A R G E ~ O F +
~ RKORO RND THE ORIGINAI OFFtCtAI OOCUMfNi (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION VAPER OFFICIALIY ENOORSE~
OR CERTIf1E0) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENI; and io the eveM that any lharwf is nW
_ paid, sat'sfied and discharged sa:d MORTGAGEE may at a~y time pa~ the same w any ptrt Ihereof without waivirq or affecting any option, lien, lquiry p
% •iqht under or by virtue of this mortgsye and the full amoum o~ each and every wch p~yment shall be immediately due and payabk and ihall be~r ioter~s~
~ ~rem the datt thereof u~til paid at rate oE nine per centum pe~ annum •nd to9ether w~th suth interei? shall be secwetl by the lien ot th:s mot9tap~. '
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