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•~enrs as fo~'ows: S o++ ~he day of 19_ and a~~6e um on the correspondng day of each month t re-
aher until the whol oe fuily pa.d. ~
Each instail tnf fi•st shall ne epp:~rd Naymcnl of !he inte~eet ~nd then on the unpa~d bal nce o( the princQal su If defsult is made in iha
Fa~mem of a~~y i ra~l~nnnr whrn due, and s.h d~ia~:t con~~nues 30 d ys, the~ at rhe op~~on of the o:der, and without any ther notice, ali the r msin~ng
.~:srallmenta sha:l d~r and payabie ar onc . Pr~v~lt~e ~s gi~en ~o p. pay th~s note in vvhote or in an at any t~me withouf naity. Neither for ar~nce, ~
nor ac~~ptance tne noider thereaf afrrr ny defa~it :n any payme s hereon, shall be deemed e ens~on. A Iste payme chuge of S shall be ;
e:ided to each i staiiment ren,ain~ng unpa; 7 days after ~u due dat , and a I~ie :um shail be a to each such insta~l nt remaining unpai d~ys after ;
each succeed~ paymenC dare. i
Each m er, surety and en~orser reof, jo~ntly and severa y, wa:~es de~nand, presentme t protest and notice o protes~ for nonpay nt, and further
ag~ees to any ztens~on of rm~ of payme r, e~ener befere or aiter atun!y, ~vithovt nor,ce to a y of us; and to pa aU costs of toilec inctuding ~
~••a:onable at rney'~ fee ~n the event o any dela~:t F~reund•=~. and h~reby ae~e+aily wa~ves benefit of homestea and exemp~io~ und the constitution
~ d taws of ach S+a!e of the Un:ted Sr es, as aga:nsr tnls ob!. ~~on or any eaiens~an o~ ren wal hcreof.
W~tn s~ the har~d and seal of e h pjrty.
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fVOW, THEREFORE, the MORTGAG;rR for ehe p~rc;ose oi secu~ir.g payment of sa~d s.,m of S 14s~~•~ , ~nd the performanu of tM
covenants and jgreemer.ts herr:nafter exprrssed, and 4or d~•.e~s gcad a^d vatuab!e considerat~ons, by thes~ prefents, does grant, barflain, sell, remise,
~e ease, convey and conf:m cnto the MORIGAGFE, ~ts w:cessors and ass:g~s, a!I tha~ certain lot, pirce or parcei of Isnd, situate, lying, and being in tM
Coimry of St . i'11C ia and State of F:orida, desu+bed ~s fo~iows:
2he West 80 teet of the Bast 364 teet ot the South 135 teet of the
North 165 fQet, all ot ?ract 1Z4, of GARDEN CITY FARMS•SiBDIVISION
in Section 5, To~wnship 35 South, Range 40 Bast, as per plat thereof -
filed in Plat Book 2~ page 5, of the Public Records of St. Lucie
County, Florida. ~
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i By agree~ent of Mortgagor and Mortgagee on tile with
Mortgagee, the within nortgage secures not only an
existing indebtedness, but also ADVANCES to be I-BRE-
~ AF?BR sade by Mortgagee to Mortgagor, the aggregate •
; of which ~rill equal the principal a'aount specitied
s in the promissory note secured hereby.
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1N PAYktENT ~F 1~1XfS
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RECE'~ED C
iN'5---~'~Af1GIBlE PE.•>:.niL ~!t0?cR1Y~
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_ - ~~~-=-:.F .:sY_YJ~ -"~'='V ! pligSlyAN7 10 Ci1i1PiER 71-134. OF 19)1.
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- u, _ ~a ~ 2~. 0 Q 1 . ~c c~sun~ao~x~ s rucrt co.. Ft,t
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~ +cgether w~th al: and sirqular rhe renrmen!s, f~ered~raments and a,~purtance~ thereur.ra be~ong~ng w in ~nywise apperta~ning thereto. +nd rEnts, issues,
~ c~ueed~ and prof~ts acvuing a.~+d to accrue from sa:d prem~ses. aN of v.hich are induded in the above snd fuegoing destription and habendum.
4 TO kAVE ANO TO HOID the above descr:bed ar.d granted ;,rem:ses unfo s!,e sa~d MORTGAGEE, in successon and suiyns foreve~. And ttN taid
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~'~RTGAGOR fo? he~~s, eYecu+ors, adm~n;srrato~s and aa::gns, hereby covenann with the said MORTGAGEE, it~ succ~uors ~nd assiqro,
~ •-ar -~h~Y~~~-- !avvfufEy se~zed of !he sa~d prem~sca :r. fee simple; that the same are free, clear and dixharged from all liera snd ~rtcvm~
~ c-ances tn law of in cqurty, and that__ theY and their hdn shs!i w~rrant and defend rhe title ro the s~mt to the taid
ti~02TGAGEF, ita successors and ass~gns, fore~er aga:~s~ rhe 'ax!ut cia:ms ar.d dcmands of ail p~rsons;
PROViDED, AL'NAYS that ~t f~e MORTGAGOR n~a t pay unto the tJ10R7GAGEE the p~om~ssory no~e hcre~nbeiwe dcscribed and shall huly, promptly
ard fu::y perform, d xha~ge, exec~•e, comp ete, cor.:p~y w~rh ard at de by tach and erery the stipulat~ons, agreeme~ts, condit~ons and covatiantf of ~aid
~ cromia3ory n~te a^d of th~s Mo:rgage, then thfs Mc.tgage and +he Esfate F.~reby created shall cesse and be null snd void.
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IT IS L'NDERSTpOD that the wc~d ' Morrgago~' «~+eTne{ the s~+g::'ar o~ plurat anywhere in th~s Mutgage, shali be tinyular if ax only snd
_r.a!1 be cfural jointlv and teverailv if rneae than one, and rhar ~ne word °rne:r" ~s used anywhere in thls Mortgage shall be taken to mesn "hif;' "hen;'
' its," wherevr the conrext w~mp',~es w ad~:~rs. A~so, rha: Mhereve~ ~here is s re4e~ence in the covenann and sgreements herein confained to any oi
y _ she pa.ties here~o, the same shall be co~srrued eo ~*ean as we'~ as fhe he~n. legal rep~csenraf~ves, svccesson snd assigro (either wiuntary Dy M of the
; canies o~ i~wiu~rary by operae:on af tlx ,aw; oi rh~ ~amc a~d tna• the covena~rs herein contained shali b:nd and the benefib and advantages irwr~
` i.,~ ~o rhe resoecrive heirs, tegsl teprtfentat~vls, sv[ces3WS ar+d au gns of !ne pan.es hereto.
~ ~ And sa~d 1V.o~tgagors. ~o? rhemse.wes and ~tie~- ~e~-s, !ega! reprrsen+at?~es. wccessws and su~gns. hereby joimly and severally tovenant snd agree
a o and wifh the sa~d MORiGAGEE, its svccessers and au,gr.s:
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~ 1. To pav all and s~rg~iar ~hc pr:nc~~a: a*~d ,r:eres? and rF+e va~:ous a~d sundry s~ms of rt~.oney pay~bfe by virtue of sa~d prom~sswy note, and this
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~ry y; ~:o~fgage, each arx! every, promp~iy on r^e days respec}~vely the same uvera~'y oecorr.e due.
~ 2. To pay aft and s;~gu~a. the ~a¦es assessmenrs, ievies, I.at~;m,es, obiigationi and enc~mbrances of every nature and kind now o~ ssid described
~ Croperty, or rhat hereafter mav be ~mPosed, suffe~ed. p~xed. ;ev~ed, or auessed the.eon, or ?hat hertaftcr m~y be lev~ed w aasessed ~pon ihis Ahott¢
ge, o? +he ~ndeb+cdness setured hereb~, ea:h a:d e~ery, when d~e ar.d pa~ab;e, xtc~d~ng to law, befwe they became delinquent, and bef~e any intern~
~ a+~acr.es or aoy pe~a~*y ~s ~~curred, A`.C '.`:SJ=~R AS ativ T.MEREOF IS Q~ RKORD IHE SAME SHAIt 8E PRO•tiAPTLY $ATISFIEU AND DiSCHARGED Of
~ ~KORO AND THE ORIG:~.A: OL"r:C!AL th~:UV~EVT ~.SJCH AS. FO+~ ~"~5~~'.C=. THE TAX RKf~PT OR THE SA?1SfACTION `APER OffICUUY ENOORSED
? .;2 C[R'IFtECi SHALL BE PIAC:u IN '.ME MA`.pS ~F cA:'D V..^.R'G~GE"c 'l..'Hir~ iE~~ Da.rS NcXS AFTER PAYMENI; and :n the event that •ny tt~eof is not
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- ca,d. sa' s;~ed and d scna-ged ia d': i.F~JMJ~E ~*a. a• a^~ •~^e ~av r^e ta~^e or arty ~a~t +~ereof «:~h~t .va~.:ng ot a~fettinq any optia~, lien, equ~ty ot
x ~~r under or bY Y~f1JQ o~ s-ro..gng~ a^d •~e a. a- ear a^C e.••r s_c~ pa.^e^• sha~. oe .mr^.ca:a~e~y aue snd payab~e artd sh~N bear interest •
~ '~y.+ +he dste te,trepf .,n•„ ~a.d a• ri~e c` ~ e pe• <e~•. _r'e a-d •.g••^e. •h s..c~ ,^,e•es~ ~~ai~ be secu•ed by {he iien of th s morqtaqe. ~
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