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THIS IN~ENTURE. W4d~ the ~3=d day of J1lfl! /1_D. 19.Z~_., b~twMn
Wi11it,Gi~son ind Rueon B. Gibs~a~his wit~ ~
of - St . j.OC Cqinty Florida, h~rein~fter designsted ~s ~he "MORTGA;sOR," snd FiRST FEDERAL SAVIkGS AN~ IOAN
ASSOCIATION OF FORT PIERCE, • corpwat~on wp~nized •nd existinp unda tM law~ of tM Uniled Sut~t of Americ~ ~nJ havlnp Ft~ printipal plat~ of
butintss in ~M City oi Fort Pi~rc~, St. luci~ County, Flwid~, hereina(ttr desigoated ~i tM "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR a jus~ly ind~bted 1o tha MORTGAGEE in the sum o( = 20 ~OO. ~ yood ~nd I~wful mon~y of t1+e United t
Siates advanced by tl?~ MORTGAGEE unto ths M~RTGAGOR, as evidenced by a cer~sin promissory note of even date herewitii, of which tM foilowinp in
wwds and figures ii a trw copy, to-wit:
:20~800.00 1002199d
Fwt Pie?u, flwida. Jun! 23 19~~_ ~
For value received, 1, we or eithe~ o( us, prom;se ro pay, wiihout de(a1ca~~on, fo ths order of FIRST FEDERAI SAVINGS AMD IOAN ASSOCIATION OF ~
FORT PIERCE at fort Pierce, Fbrida, the sum of s 20~.x~ with interest from date at the rate o~~°1L per annum, in mw~thly irutalM ;
:Tenn as fotlows: =184.~ ~ ZOtf1~y o~ August ~9 76 and a like sum on the carespondinp dsy of eaci~ month thae- ;
after until the whole be fully paid. ~
Each installment fint ~hall be appl~ed in psyment of /he intereat and then on the unpaid balante of the p?inc~pa) wm. If defs~lt is m~ in flw
paymeM of any instaltment when due, and such defsuh conti~ues 30 days, lheo at the optia+ of ths holdar, and withouf ~ny other notice, all the ram~ininp :
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~nstallments shsfl be due and payabte at once. Pr~v~lege is given to prepay this note in whole or in psA N a~y time withouf penalty. Neither iwebtar~nc~, ,
nor accephnce by the holder thereof after ~ny defavii in any psyments hereon, shall be deemed extens~on. A Iste payment charge of i
9.?O
_ shall b~
added to each instaliment rcmainirg unpa~d 7 days aiter ib due date, and a Iike sum ahalt be added to each wch in~tsllment ~amainic~q unpaid 7 dayt ~fter
each succeedi~g payment date. "
Eeeh maker, surety and endorser hereof, jointty and severally, waives damand, presentment protest and notice of protett. fw nonpsymeM, and furthsr
agrees to sny,extcmion of time of payment, either before or after maturity, without nolice to any of us; and to pay all tost~ of tollection, includinp a !
reasonable 5ttorney's fea the event oi any default here~w~der, and hereby severally waives alt benefit of homestead snd exemption under the constitution
and laws oi each State of !he United States, ss againat this obl~gation w any extensian u?enewal hereof.
Witness the hand and stal of each party. ;
• e/ Wi11iQ Gih'~sAn ~/w !
;
~t~ f ~ { ~ ~3 w~! 1 Z (s~?U ~
~ ' ~u~~n R_ rihsen ~U ;
. . . ~ . _ (SEA1J f
( a~31• ~ ) Stat~ Revenue
t5r~+~ s~ei4~i ~ ~Ig~wl~e+w~) ~ .
!dOW. THEREFORE, the MORTGAGOR for the purpose of secwing payment of said tum of S 20~8~'~ ~nd the performa~c~ of tM E
covenants and agreemenq herei~after t~cpressad, and for d~vers good and wluable cwisideration~, by fhas presenri, does yrant, ba~y~in, ull, remise, ~
reteass, convey ard confirm unto the MORTGAGEE, itt tucce:sors and assigns, all that certain bt, piece or puul of land, ~ituatt, lyirg, and beinp in ths
~ounryr oi - 3~ i~ , and ~tate of ~IU~da, desvibed ~s tollows:
Lot 26, J. B. W. MC CLL.LBR•S SZBDIVISID[V, sccording to th~ plat ~
ther~ot as r~cerded in Plat Beek 4, page 34, ~f the public rec~rds ~
~f St. Lucie Ceunty, Flerida. `
r,++~.ilc •
flntY • ~~Cj3- ~7//- C~G~? G'~~a ~~S
' By sgretaent ot M~rtgagor and Mertgagtt ryn tile with
Mortqag~, t~e within aertgage secures net ~nly an
existing ind~bt~dzuss, bu~t alse ADNANCBS te be I~RB-
AFTBR ~ade by Mertgs,gef te Mertgag~r, the aggreg~,t~
et which will equal the principal aa~unt specitied
! in the prosissory nete secured her~by.
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i
t u~ STATE aF FLORID~, ~
~ Q ~
DOCUMENTAR`!~- STAMP 't'~?: `
{
a= ~ ! RECEIVED - tN PAYMEMT Of TAXES
! J£Pt.~~ KEVEIVUE .t
~c e•r = - ~ ~ ` " i ! Dl1E ON CI~SS 'C INTM161BLE PETt90NAl PROPfRTIf.
~ Pe. - JUM2d'76 ~ y~~ ~ 3 1. Z 0 j p~p$11A!(i TO CF1AP'~ER 71-134. ACTS Of 1971. ~j~
I o = i1t02 ' IiGuER PORIiI?5 ~
~ CIERK CINCUIT CtritN.t, Si. L:iGIE CO., FUl
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~ fogether w7th att and sin9uls+ the tenements, hereditaments snd appunances ti~erevnto belonpinp or in anywist appertainirg therNo, and ~II rtnn, Issws, - ~
~ proceeds and profin scauing and to sccr~e from said premises, alI of which ~re included in the abov~ and forpany description and haberdum. ~
TO HAVE AND t0 HOLD the above dewibed and granted prem~ses unto the ssid NIORTGAGEE, its wccesson ~nd augm foreva. Md t!» ~ald ;
z MORTGAGOR fa th~---- heirs, executors, administrato~s and issigni, hereby cwe~nb w6th the s~id MORTGAGEE, ib suoc~ssors and ~ssipna, ~
t +hat - th~y aY~ Iawfully se~zed of the said premises in fee simple; tFut the sime ~re free, ckar ~nd disch~rped from all liens and ~
~ brances in law or in equity, end that t~V wi1F snd the~r hein shall wunnt ~nd d~fend ths title to tFM sam~ to ths said ~
- MORTGAGEE, its sutcessors and assigns, fwrver against the lawful claima and demands of ~II pertoru; :
~ PROVIDED, ALWAYS thst if 1he MORTGAGOR aFull pay unto the MORTGAGEE the promissory ~ote hertinbe(ae destribed and sMll ttvlr, promptly ~
end fully perform, diuharye, execvte, camplete, comply with and abide by each and every the stipulations, apreemen», conditions ~nd cownanfs of said T't i
` promissory note and of thif Mortgsge, then th:s Mortgage ~nd the Estate her~by ueated slull cease ~nd b~ null and void. r-~ ~ ~
: IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular w plwal anywFx?e In this Mortgapt, ~hall b~ sirgulsr if on~ only and
? shell be plural jointly ~~d severally if rtwre than one, and that the wad "their' ss uted anywMre in this Nbrty~ye shall be taken to mtan "his,•• •'fwn,•• ~
! or "iti," whereve? the conte:t so implies or ~dmi~s. .Also, that wlxrever there is ~?eference in the covenanri ~~d ~pre~menb h~rein oont~irwd to ~~ryr of ~
rhe p+~tid FKreto, the samt shsll be construed to mean as we{I a~.the hein, leys) rspresentativd, successors and auipm (eitha volvmary by ac1 of tlw
parties or involunpry by operstan of the law) ot the same and that ~he covenanrs here~n conrained s1?sll Wnd and rt» b.n.fin aiyd .dvanrap.s inun t
to the respective hein, {e9+1 represcntstives, successors and ass'9n~ of ths parties hereto. ~
` And said Nbrtqsgors, fw themulvcs and tfieir heiri, legal rep~esentatives, svtcessors snd ~ui9ns, hereby jointly a~d twer~lly covsnaM and ~pr~e ;
F ro and with the said MORTGAGEE, its successors and auiyns:
` l. io pay ~II and singul~r tF~e princ~pal and interest and the variovs and sundry wms of money payable by virtu~ of said promiswry nott, ~nd thir ~
~ mortgaps. ~ach and wery, promptly on the days respectively the same severally becom~ dua. i
~ 2. To pay all and sirgular the ta:es, assessm~nts, levies, liabiliries, oblig~tions snd encwnbrances of every natwt and kie~d now on said d~wibad i
* Property, w that hereafter may bs impo~ed, suffered. Plued, levied, or astessed thereon, w thst hereafter may b~ Iwisd or aaeasd upon fhis N1orp.
~ aye, a tM indebtedness secured hereby, euh and every, when dve and payeble, suadi~g to law, befor~ th~y becomt delinqwnt, and bsfon ~oy intaest
~ artaches a any penalry is incurred; AND INSOfAR AS ANY THEREOF t5 Of RKORD THE SAME SHALL 8E pRO/NPTIY SATISilEO ANO DISCHARGfD OF
~ RECORD AND THE ORIGINAL OFFtCIAI OOCUMENT ISUCH AS, fOR INSTANCE, iME TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENOORSEO
_ OR CERTIFIE01 SHAII 6E PUCED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thaf ~~y tMr~of h ~wt
~ paid, saYsfied and dixharged sa"d MORTGAGEE may ss any time pay the same or any parf thereof witFaut waiving or affectirq ~ny option, lien, ptiity Or
~
i •~~ht undtr or by virtus of this mortgaye and the full am~n,nt o( each and every sxh payment shall be immediately due ~nd payable and thall bear intK~st
~ ~rom rhrr date !hereof until paid at rate oi n~ne per ce~tum per annvm and together w~th such interest sh~ll be secured by the lien of fh's moryta9t.
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