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THIS IN~ENTURE, Mad~ th~ 24th day of ~y • A.D. 19 76 betwNn
Ra T r an B r Mn T i
,
pf St •~.YC~! ~ Cpi~fy Fldrida, h~r~inaflK detipn~ted as the "MORiCsAGOR," and fIRST F[DFRAI SAVINGS ANO IOAN
ASSOCIATION OF FORT VIERCE, • cwporation oryuus~ ~nd ~xi~tir~ unde~ ~M i~ws of tM Un~ted Su~~t o! Amuica ar?d Mviop iq princlpal plau of
b~sin~s~ i~ th~ Clty o/ %rt Pi~ru. St. luci~ Cou~ty. Fiwid~. he~einaftK d~si9~a~~d u 1FM ••AAORiGAGEE.••
WHEREAS th~ MORTGAGOR is jwtly tntltbt~d b the MORiGAGEE i~ tM sum of :4O.s2~~ ~ ~ood ~nd lawful money o( the Un~ted
St~Ni adv~nt~d by IM Mt~RTGAGEE unto IM MORTGAGOR, as evidenccd by a certain promisswy nots of eve~ date her~with, of whith th~ followi~ in
wwds and fipures is a trw copY. towit:
=40 ~y00. 00 ~ 10021937
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Fon Piern. Florida, ~ , 19 Ss
Fw value received, 1, we or eithcr of us, prom~se fo pay, wNhout defatcatioo, ro the ordar of FIRST FEDERAL SAVING~S~ AND tOAN ASSOCIATION Of
FORi PIERCE at Fort Pic+ce, Fiwida, the sum of =4O ~ 2~• ~ wnh interest (rom date et ths rete oi 8' 7r76 per snnvm, in monthly inst~ll- ~
R,en~s as fotlows: s 331~~ ZOt~I day of `TLly lq_76 a~d • Iike tum on the correspond~np day of each month tha~- ~
~fter until the whole be fully paid. .
Eath installment first shall be applied in payment of the inrere~l end fhen on ~he unpald balance of the principsl sum. If deFault is m~ds in tM
payment of ~~y irtstallmant when dua, and sucA defaul~ coniinues 30 days, 1~IM At IMQ OPtiOTt of ~he holder, end without sny wher notice, all the rem~inieg ~
installmenh shsll be due and payable ~t once. Privile9e is yiven to prepay this note in whok w in parf at any time without penalty. Neither fwebearancs,
nor +cceptance by tM holder thereof after any default in any payments hereon, shall be deemed extens~on. A lata payment charge af i 16.55, sMll b~
added to ~ach instsllment remaining unpaid 7 days ~fter i1s due da1e, ~nd a like sum shall be added lo each such installmcnt remaininp unpaid 7 days ~het
each succeediny payment date.
Each maker, surety and endwur hereof, jointly and severally, wsives demand, preuntment p~otest and notice of protesl fd rwnpayment, and furtF~sr
agrees to any exten~an of time of payment, eithe~ befo:e or after maturity, without not~ce to sny of us; and to pay all costs of collection, inctudinp •
~eason~ble attorney's fee in the sveM of ~ny default hereunder, and hereby stve.slly waives ell benefit of ho+nestead and ex~mption under tM tonatitutio~ :
and laws of each Sta~e ot Ihe United Stalcs, as against this obliyation a any cxtension or renewsl he?eof.
Wit~esa the hand and seat of each paNy. ~
" ~ S/'~'~a~t~ozti Tyne~ ~U '
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~ 5/ Beverly Mn ?yner ~
~ $60.30 ~ st.r~ a~~~ ~ ' ~ (sEwp
t6Miw~~il.d-w..«ijwa~.~N.i - •
NOW, THEREFORE, the MORTGAGOR for the purpose of secviing p~yment ~of s~td'sum of S 4O ~ 2~' ~ and tM pe~fo?m~nce of th~ '
cov~nants and ag~eements hereinafter expreiied, and fw dive~s yaod ~nd viluable considerationi, by thes~ prescnts, does yrant, bar~ain, iell, remise,
releaie, convey arx) conti~m unto the MORTGAGEE, its succeuors u+d auiyns, all that certain bb piece w pucef of I~nd, situate, lyinp, snd beinp in ti»
~~y ~ $t. Lucie and Stat~ of Fbrida, deuribed ~s foUows:
Bast 150 feet of N~ of NW'~ of NBI~ of Section 3, ?ownship 35 South, '
~Pr?~,~ ~
Range 39 Bast, lying south of Angle Road Bxtension. uoE o~iY r
:
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By agree~ent of Mortgagor and Mortgagee on file
with Mortgagee, the within aortgage secures not
only an~existing indebtedness, but also ADVANCBS
to be HBRBAFTBR ~ade by Mortgagee to Mortgagor ;
the aggregate of which will equal the principal
aaount s ecified i
, n the rosissor no
P te aecured
P Y.
hereby. ~
I~'i RECEIVFD • G IN PAYME11i Of 7AXES
~ pUE ON CLASS 'C INTM1GIBlE PERSONIIL PROPER(Y.
p~~T 10 q111PTER 71-131. ACTS OF 19/1. j,~~~
i1DGER POITRAS
~ - CIERK CNIAMT CUIlRT. ST. WCIE CO.. FLA.
topether witF~ all and singular the tenements, hereditsments and ~ppurtances therevnto belorginp or in s~ryrwise ~ppertaininp therero. ~nd a0 rants, luu~s,
proc~sds and profin uuuing and to acuue from said premises, all of which ~re irxtuded in the abpve ~nd forepoinp dewiption and habendum.
~ TO HAVE AND TO FiOID the above dewibed and yr~nted premises umo the aid MORTGAGEE, its wcceuw~ and auipru forevq. Md tl+t s~id .
~ their
~ MORTGAGOR fa heirs, executon, administrators snd as~igns, hereby covenants with the uk! MORTGAGEE, its wcctswn and ~stip%
~h.r
the are ~~w{~~iy seized of the said premises in fce simpl~; that tt~e same are free, dear ~nd discharyed from ~II liens ~nd Mcvrm
! brances in law w in equity, snd that they will ~nd their heirs sMll wurs~t and defend tM titk to tM uerw to th~ wid
~ MORTGAGEE, ifs sucusso.i ~nd auigns, foreve~ a9ainat tF~ lawful cl~ims md demands of ~II persons;
I
i PROVIDED, AlWAYS that if Ihe MORTGAGOR shall pay unto the MORTGAGEE the p?omisaory ~ote hereinbefwe dewibed ~nd ahall truly, prompNy
and fully perform, d~scharps, execute, complete, comply wi~h •nd ~bide by each ~nd every the stipvlatans, a9reements, conditions ~nd coven~nri of aaid
promissory note and of this Mwtpaye, ?hen this Mwtgage snd the E~tate hereby uested shall cease and be ~ull aod void.
IT IS UNDERSTOOD that the wwd "Matgsga" whether in the singolar d plwa) ~nywher~ in this Mort9age, shall be sinyul~r if o+w only and
shall be plw~l jointly ~nd uverally if mor~ than o~e. ~~?d th~t the wwd "their" used ~nywhere in this Matgaye shall be taken ro mean "his:••,hnt;• R'
f or 'in;' wherever the context w implies w admits. Also, thsr whercver there is s refere~ce in the coven~on and a~reemenn here~n ow~~ainsd w a~y of
tht p~rties hereto, the ume shall be construed to me~n as well ~s Ihe heiri, kya( representatives, successon and assi9ns (eitha~ voluntary by ~ct of t!N
parti~s or involuntary by oper~tan of the law) of the same and thst the covena~ti Frorein contained shatl bind ~nd the benefin end adwnt~es (nw~ i,
to the tespective hein, Isg~l representatives, tvccesso?s and aas~gns of 1F~e paniss lxreto. '
S
Md said Morty~Ors, for themulvei and tl~eir heirs, leyal representstives, successors and aui9ns, hereby jointly and severally tovenant ~nd ipr~e -
to u~d with tM said MORTGAGEE, iti succ~uors and suigra: ~ ;
1. to pay ~II ~nd sinpul~r tF~e pri~cipal and interest and tM va.iovs ~nd tundry sums of money pay~bk by v;rtue of s~d omi ~
P~ s~Y nof~. ~nd thb '
mwtpagt, exh and wery, promptly on ths days respettively the iame sev~rally becortw dve. t
2. To pay ~II and ~inyulu the taxes, assessmentt, levies, liabili~ies, obliyatiaq and encumbra~ces of every natu~~ and kind now on said dacrib~d.
property. w that hereafter may b~ imposed, tuffered, pl~c~d. Ievied, w asiessed thereo~, w that ixrsafter may b~ kvied or pse~sed vpp~ thk Mat~ w;
ay~, a th~ indebredness secured hercby, fKll a11d !VlfY, when dve ~nd payable, auwdinp to kw, befw~ ~hey becom~ delinquem, and b~}w~ ~ny intaN~
attsches or any penalry is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI sE PROAAPiIY SATISFIE~ AND DISCHARGEO OF '
~ RECOR~ AND THE ORIGINAI OffIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFICIAIIY ENDORSED ;
OR CERi1F1ED? SMAII BE PtACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXi AfTER PAYMENT; snd in the event that any tF~eof b not
pa~d, sat'ified snd dischsrged se:d MORTGAGEE may at any tfine pay rhe same w any part thereof without waivirg o~ affectiny any option, li~n, equity p
~pF~t under or by virtue of this mortgsge ~nd the (u11 ~mount of eech and every such payment shall be immediately dw and payabk and sF~afl b~ar int~rest
! s.om the date Iheteof until paid at rate of n~ne per ce~t~m per •nnum ~nd toqether w~th iuth interett shall be secured by ths lien of th:s morqtap~.
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