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~ r~cR~c ar rort r~er , rwnaa, ?ne sum of = w;~h interes? from date at the r e of 9(14 per annum, ~ monthly instal{- ~
~~,rn as fol!ows: S--_ . on the day of 19_~ ~nd ~ like aum on he cwre~pond~oy day of ea mo~th ther~- !
~'rer until the who;e be ( ly pa:d. ,
Each mstailment first hail be app!~td ~n pay~ nt of the interest and the on the u~paid bstante ot the rinc~pe) wm. If defauh is mad~ In fFu
..+,me t of any instaiimrm hen d~e, and such drfe conrinves 30 days, then the option of the hoider, snd ithout any other notice, all t rerrwining
~~all~ nts shaH be due and ayab:e •t orxe. Pr~v~leg is g~ven to prepay this e in whole or in p~rt at any fim without penalty. Meithar f ebearant~,
~~o~ acc tance by tf~e ho:de~ ~rof afrrr any def~ult i any payments hereon, sha be deemed eatension. A late yment charpe of S iF?all b~ ~
•,:Jed ~ eech insraiimenr rema ing unpa~d 7 days after 'ts due date, and a like su shall be added to eech fuch ins Ilment remaininp unpaid 7 ys aHer ~
ra.h svc ing payment dare.
Eac maker, i~rnry and e orser hereo(, jo~ntly and evera~ly, waiv~s demand, resentment protest and nofice of~olest for nonp~yrtxnl, ~nd uriher
~_~-ees to y extens~on of t:me o paymem, eithe. before or fte~ mawrity, withovt not e to any of ua; and to pay a wats o1 coliedion, intl a
~senable tromcy s lec in the e nr oE a~iy defaulr hereun er, and hereby severally ives all benefit of homestead a ~exempt~on un~je? ths constit tion
i lews of ach Srate of fne Unne Sutes, aa aga;nst tlus o~yaNon a any extensioo renewal hereof. `
W~tnes ~he hand and seal of ach parfy. l:
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NON. TH:REFORE, fhe MORTGAGOR fw the purpose of secvr~ng payment of said sum o/ S 3U+~~~• ,~ad fh~ perfwmancs of tFw
c;:enants and agreen:ents hereinefter exp:essed, and for ~ivers yood and wlWbl! consideqtions, by thes~ prelent~, doet qr~nf, barpain, sell, r~mise, (
:•::se, canvey and co~firm unto the MORTGAGEE, its succeuors and assigns, all that cert~in iof, pieu or parcel of land, iitu~t~, lyinp, and btiny in tM i
~:.;nty of _ St . L.LICie end Stste of Fbrida, dewibed ~s tollaws: !
Lots 45 and 46, Black 7, INDIAY RIVER ESTATES, UVIT 1,
accordinq to plat thereof recozded in Plat Book 10, ,
page 43, public records of St. Lucie County, Florida. (
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By agreement of Mortgaqor ancl I?lortgagee on
fiie with ~lortgagee, the w-ithin moztgage
secures not only an existing indehtedness, ~
but also ADVr~NCES to be HEREAFTER made.by !
Mortgagee to ~tortyagor the aggregate of '
which will e~ual the principal amount
i specified in the promissory note secuzed
~ hereby.
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' ~ " " ` ~ ~['ieER POIiRAS
{ ~ ' _ - - ~ tE~( t11~11lf ODURT, SI. ~u01E 00, Fl~
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g togefher w~fh all and singulsr rhe tenemenrs, hereditsments and appurtarxxes thereunto btlaginp or in anywise spptrtaininp fMrefo, and ~II ~enp, i~uy,
~ proceeds a~+d profits sccruing and ro accrue from aaid premises, all of which sn i~duded in tfie ~bov~ and fw~poinp d~ltriptipn ~nd lwbafd~xn.
` TO NAVE AN~ TO HOI~ the above desuibed and Qrsnted prem~ses unto tM said N10RTGAGEE, ib s~tuswn and auipm fwtwr. Md tM s~id
# !hvRTGAGOR for t hQ 1 r---- he;rs, executon, admini~trators and auigns, h~reby awrenants with fhe said MORTGAGEE. its s~xoesson ~nd aaipm, ~
~ha~ lawfulty sefzed of the said prem~ws in fce sim le; th~t tM ume ue f~~s, ckar srd diuhsr ~
P ged from ~II Ikro and ~+c~n?
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? ~ rances in law or in eqv~ty, and thar t he y ,N~~~ tfle lr h~fn thall warraM and dtfend tM tAl~ to tht ssrr» fo tht s~W
_ :~ORTGAGEE, its successors a~d ass~gns, iwever against the Iswfvl claimf and demands of all penoru; +
~ PROVIDEU, ALWAYS that ~f the MORTGAGOR shall pay unto the AM1ORTGAGEE the p~omiuwy oort Iwreinbefor~ desnibed ~nd sMll frulr, ptanpfly ~
~~d iully perfo~m, d~scha.ge, execute, complete, comply wi~h and abide by esch and wery tFk stipubtiorq, ayretrne~b, conditiotM snd oovlrMnh Of ~aid j
: ~cm~ssay note snd of this Mortgage, then thit Mortyaye and the Eitate her~by aeated shall ua~ ~rd b~ rwll ~nd wid. ~
IT IS UNDERSTOOD thar rhs wwd "Mortgayor" whether in tl+e sinyular w plural anywhert in this 1Nortp~, shall b~ sinyular if orN only ~nd ~
: shaH be plural joinHy and severally if mora thsn orx, and that the wwd "their" as used anywMn in this Mort~sye shall be taken fo mean •'his,•• •'h~rs:' i
: ~,r "its," where~er the conte:t w impiies or adm~ts. Alip, that wherever there is a referents in tFK.covenants ~nd pt~emenb h~rti~ coMainsd fo any Of j
: " rhe panies hereto, the ume shall be a+ns?r~ed ro mean as well as the heiri, le9al representativa, successon and uigro (either voluM~ry by acf of th~ `
! ~ ~a~r~es or involunfuy by operat~on oi the law) of the same snd tMt the covenants hsre~n com•~ned shall bind snd rl» b.nefin •nd .dvu+fap~s ia,r. i
~~1 ~o the respective he~rs, fe9~l representatives, successors snd au~yns o~ the p~rties Mrsto, j
£ ~ And said AAortgagors, iw themulves and rheir hein, legal rep~esent~tives, sucuswrs ~nd auiy~s, her~by jointly arw! Hvaally oov~mnt ~nd pr~e ~
_ _ ro and with the said MORTGAGEE, its successors end assgns:
% y 1. To all end ti ular th~ inci al and imerest and tl~e variovs and iu
P+Y ^fl P~ P ndrY surta of monsY WYabl~ by virtw of sai~ promiswry not~. and this
~ ` ^-ortgage, each ~~d every, promptly on th~ days re~pectively the same sewr~lly becwrN dw.
~ 2. To pay sIl •nd tingv~~r the taxes, assessmen», levies, Iiabilities, obli9~tia~s and encumbrances of wtry natw~ aqd kind now on wW d~w~d
; p~operty, a tha~ hereafter may be imposed, suffe~ed, placed, levied, a assetsed ther~on, a th~t htre~ft~t may b~ Iwwd w as~skd upw~ thi~ Mort~
a~e, a ~F» indebted~eu aecured hereby, each and ~very, when due and payable, accwdirg to law, b~fwe they becorrw d~linqirKM, a~d b~fon a~y Int~n~t
-~~eches a any penalty is incurred; AND INSOFAIt AS ANY THEREOF IS Of RKORO THE SAME SHAII SE PRJAMTLY SATISFIEO ANp OISC?IARGEp OF
aECORD AND iHE ORIGIfVAI OfFICIAt OOCUMENT (SUCH AS, fOR INSTANCE, TME TAX RECEIPi OR THE SATISFACTION PAPER OFfIC1ALtY ENDORSED
OR CERiIF1ED) SHAtI BE PIACEU IN THE HANpS Oi SAID MORTGAGEE WITMIN TEN DAYS NEXi AFTER VAYMENT; and in tl+e ewM thaf ~rhr M~aeof ia na •
i :~e~d, sst'sfied arsd d]scfiarged sa d M,ORi(;AGEE m~y •t any t~me p+y 1M ume w any pan thereo/ without w~ivinp a~ffectNq ~ny oplion, IiM, pcrify p
's •~qht ~nder o. by v'u~ue of this mongage and the full amoum o( e+ch and every such payment shall bs immediat~ty dw and pa~.ble .nd .hau b.ar kM~rqt
; ~~um the d~te the~eof until psid at ratc of ~~ne per cemvm per annum ~nd to9e~her w~th ~uch interest shall bt secured by tM tie~ of th:s morptap~.
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