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~ 3383`7E~
THIS INDENTURE, Mad~ tAe 215t d~y of June /~,p, ~q
76~
_ Roqer Baird and Polllc ~1~, Bair~~ wife
of St •~.l1C~e CowNy Florid~, h~r~inafta d~tiynated as tM "MORTGAGOR," and FIRST FEOERAt SAVINGS ANp IOAH
ASSOCIATION OF FORT PIERCE, a cotpw~tioo orpanis~d and ~x7srinp w+dN tM I~ws of iM Unit~d Sa~~s of Am~riu and havinp its princlpal plan of
buun~ss in tM City of fwt Pi~ra, St. l~ Couory~ flOfldi~ Mf~INNH ~IOMfiId q tFN "MORTGAGEE."
WHEREAS tM MORTGAGOR b j~nty i~bt~d b tM MORTGAGEE in th~ wm of =15, 8~ . pood ~nd Iawful mor~y of tht U~~ed
State~ advanced by tM MORTGAGEE unro tM MORTGAGOR, u evidMCed by ~ cwt~in promisawy note o4 evan d~~~ herewith, of which tM fdlowinp in
w«15~nd_ f~ur.~ , trw coPr, towir: 1~~3~ j
_ ~rf~. ~ :
~o., P~..u. fb,b,. June 21 19 76 ~
For value reseiwd, I, we w eitF?K of vs, promiss to pay, without defalcation, to tF~e wder of FIRST FEDERAI SAVINGS AND LOAN /ISSOC1AilON OF ~
15 800.00 ~
fORi PIERCE at Fort Pieru, fbrid~, the ~um oF = ~ w~th inter~st from dat~ at tM r~ts of ~.9L par ~ in ma+thly instal4 !
143 00 20th ~ Au st 76 ~
men~i as followa: s- • on the day of ~ , 19 and a lik~ wm on th~ correspoekln~ d~y of ~xh month tiwe-
aftK until the whole be fvlly paid. }
Each tnst~llment first shall b~ applied in payment of ths interest and then on the unpaid bala~ce oi the p~indpal wm. If defauh is msd~ In th~ f
pay~ntnt of ~ny insta~lment when du~. and wch defauh conli~ues 30 d~ys, then ~t fhe option of tFw holder, end without amr other ~otice. all the remaininp }
insta(tme~ts shall be due ar?d payabk at once. Privilay~ is yiven to prep~y this oote i~ whole or i~ parl at ~ny tims witlw~t pe~wlty. Neitfier tarebearsnc~, ;
no? scceptanca by the iwlda thereof afte~ any defauh h~ ~nY payments Msraon. shall be deemed eate.?sion. A I~te p+ymem chsr~ of =
7-15 shall b~ ~
edded to each imtallment remalniny vop~id 7 days ~fiN Iri dw d~t~ ~nd a tike a~m sMll bs added to each such installment remainirg w~psid 7 dap ~ffM
each wcteedirg payment dats.
E~ch maker, surety and endwser hereof, joinfly and sev~~ally, wsivas demsnd, p~esentment protest and notin of protcst fo? na+paymant, ~nd fuAlw ~
agrees to any extensiw~ of tim~ of payment, either befors w after maturiry, without notice to any of w; and to pay all msti of oollectiay includ'a+p a
reasonable attwqey i tee in the ~vent of ~ny default hereunde~, ~nd hereby severally waives all beneiit of homeste+d ~nd exemption under the oonstih?fion ~
and laws of each Sate of the United Sta•ea, as againit this obligatioo w a~y exte~sion o~ renew~l fxreof. ~
Witr~as the hsnd a~d seil of each party.
_ "1~ ~A j ( ;~t~ ~ ' „ s/tto~Q~ ~ga~d ~
cs~w
~ ~oiiy A. Baird ~ ~
' • 'r i
~ 23:7U ~ Stat~ Rew~ue ~
KM~tu~N~an-ow0iw.~noti) • ~ . .
NOW, THEREFORE, 1M MORTGAGOR fw the purpok of secu~inp p~ymeM Of s~id sum of = 1S~ 8~.~ ~ s~d tht parform~~ct pf th~
covenann snd .pr.emenn he.•inafre. ~xpressed, and fo~ diveri yood and wlwbl~ oonsiderations b~r thes~ presenh. doea yrant. barp~in, sell, remia~,
relesse, convey and confirm unto tM MORTGAGEE, its ~ucceswrs and ~ssg~s, all thst cen~in lot, piep or parcel of land, sitvate, Irirg, and beirg in th~
~~ty ~ St . Lucie ~~~t~ of Ftorida, d~w~b~d as fotlaws:
~ That part of Lot 20 of BBN FtOGG•S SUBDIVISION, according to the plat thereof on file '
in Plat Baok 1, Page 19, Public Recozda of S!. Lucie County, Flori,da, described ~
as followst ~t~on~t- . ~l'~b' (OOo7 •G~ ~~/~-C~iC~O~ ~
Begin at the NB corner of Lot 20 of BBN HOC~G'S SUBDIVISION, run West '782.33 feet; :
thence run S 23°4Z~ East, 196.08 feet to point of beginning; thence contipue South ;
23° 41 ' East, 65.36 feet; thence run East 120 feet to the West line of Carol Street; ~
thence run North 23° 41 ~ West along the West line of Cazol Street 65.36 feet; ~
therice run West 120 feet to point of beginning.
' Above plot is other~?ise deacribed as Lot 4, Block 2, of an unrecorded Plat of
' YOItjCO SUBDIVISId~i, - . _
By agreeioent of Mortgagor and Mor~gagee on~file with Mortgagee,
; the within noztgage secures not only an existing indebtedness,
, b~ut also ADVANCES to be HBRFAFTEF nade by Mortgagee to Mortgag~z, .
the aggregate of which will equal the principal a~ount specified _
~ in the promissory note secured hereby.
,
~ oF F1.,_ORIDA _
~ STATE ~ -
` DOCUMEN7ARY STA M F T A): ~
6 0= RECENED - IN PIIr11E11T Of T11Xf3
c-~ OEPT. ~F REYENUE i p~ pN IItTM16181E rER90NAl PpOPERTr,
I „~,~r N - - . ~ 'S r
~ _=,?;,,~Z,r~a~~~='~- ~ Z 3: 10 1 Puasuiwr m au~vrEa »-~3a. ~cts oF i~~i/.
js~
! _ = P.B." ` ` N06ER P011Al1t
= isio2
~ o - CLERK CMqHT OOURi, SI. Li1l:lE 00., fUl
t
f
~ togetMr with ~11 and sinpulu th~ tsnemenn. Mreditamenn ~nd sp~wrtances therevnto k»longinp or in anywis~ appataininp tt~NO, and all ra~ts, isaip, +
~ proceeds ~nd profits accruirq and to accrue from said prsmises. •II of which included in tM abov~ and fwpoiny dewiption ~nd h~b~nd~im. ~
~ TO HAVE AND TO HOI~ tFro above desaibed ~~d yranted premises unto th~ s~W MORTGAGEE, its waesson snd augro for~wr. Md th~ s~id
theiz
E MORTGAi'sOR fw - heirs, executon, ~dministrston snd auigns, hereby covenanb with the said MORTGAGEE, its woasfors and ~Nipm„ -
~ rhat thev are ~{ul se~ud of the ~sid premi~s in fee
ly simple: th~t t!r s~rn~ ar~ fr~, clsar and d'achary~d fram all liwm and ~ncunr
~ brences in law a in equity, and that ~eY will and thei= hein sMll wurant ~nd d~fend ths title to th~ i~me to th~ said
!1AORiGAGEE, ib s~cceswrs and ~ss~gro, faever apiu~st th~ lawful cla.ims and demands of ~II penp»;
~ PROVIDED, ALWAYS thst if the MORTGAGOR sF?all pay unto ths N10RTGAGEE tFn promis~ory not* hereinbefor~ desvib~d and sh~p trulp, promp~flp
~ a~d fvlly perfwm, d;sch~rq~. exscut~, complett, comply with and +bid~ by ~ach ~nd every the stipulatam. ~preerMnq, wnditioro and ao+r~nanb of s~id ~
prorruasory not~ and of this Mort9sye, t}ron this Mortp~ and tM &tste her~by aeated sh~ll ceaa~ and b~ nvll and void. `
i
IT IS UNDERSTOOD tFwt the word "MortysQw" whether in the sirg~lar a plwal u~ywher~ in this Mwt9ape, shall b~ wgular H on~ onlr and ~
~ ihsll be plwd iointly ~r?d Nver~lly if mor~ than one. ~nd that the word °~heir" as used anywher~ a~ tha llAortpaye shsll bs takan to irran "F~„" "hws,"'
or "in" wherever tFk tonte~ct w implies or admits. Also, that whereve~ ther~ h ~ referenc~ in tM cover?~nq snd ay~asnwnts Mdn com~MMd to any of;-'~~ ~
the panies hareto, the s+m~ ih~ll b~ conshued to rt+e~n ss well ~a tFN hsin, Ipd r~pres~nt~tives, succeswn a~d ~signs (eitha vol~nqry bp Kt a# t!y'~;,o
pa.ries w involuntary by openliw~ of tl» law) of tF~t sarrM a+d that tM covenann I+erein confsin~d shsll bind ~nd tM b~wfits and adv~ntsp~s iwr~
ro the respective hein, kgal repressntatives, s~cceswn and u~?yns of the parties hereto. ~ T~
~ And said Mortyayws, fa thamselres ~nd their hein, Isyal repre~entativ~s, suuesson a~d assiqro, her~by jointly and wwrally oor~K and prK ~
s fo a n d wit h t h e ~ i d MORTGAGEE, irs wcc~ssors ~nd ~uiyns: - ~ i
~ 1. To pay all and sirgu~u ~M principal and interest and tF» varian ~nd sundry sum~ of money paY~bb by virtw of said promis~ory noq, and this ~
~ mort9p~, each and w~ry, promptly on tM days respectiwly tlw iam~ s~wrally b~coene dw.
~ 2. To pay dl ~nd sinp~l~r tM taxet, sss~ssments, lev'~es, liabiliti~s, obtiystiau and Maimbrances of wery rntws and kied now on wid d~svib~d ~
[ prop~rty, a tFNt hereaftN m+Y b~ imposad, suffereA. P~+ted, kvied, or aswss~d tFerwn, or tMt heruftK may b~ kvi~d a a~e~s~d upan this M1ort~
~ +ye, w the ind~btedness secw~d her~by. ~~ch and w~ryr, when due ~nd payabk, xcordinp to law, b~fon th~y becant dslinqwM, and befon ~eqr Iwqrw ~
€ st~aches a amr pe~alty is ir?curred; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIEO ANO DISCFiARGED OF ~
RECORD AN~. 7HE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPI OR THE SATISfACT10N PAPER OfFK1AttY ENDORSEO ~
OR CERTIf1ED) SHAII BE PUCED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXt AFTER PAYMENTj and in th~ ewM th~t any Nw~of is no1 ;
} paid, saYsfied and dischuqed sa;d NWRTGAGEE may st s~y time pay the same w any part thereof without waivinp w affectinp ~ny option, li~n„ ~quitp p
•pht under a by virtue of this matyaye and the full amount of each ~nd erery such paymeM ihall be immediately due and p~yable and shall b~r inf~rMt
~.om the date thereof until paid at ~~te of nine per ce~tum per annum and toyether wirh t~ch inte~est sMll be secwed by tM lien of th:s morytap~.
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