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Each int I~me~t ~irst shall be sppl~e in pay~nent of t1~e interest and fh o~ the u~p~id baianca of f1N pri +pt! aum. N def~uh it d~ In tM
~~a~menl of ~n ins~ailment wheo due, and such defavlt com~nues 30 d~ya, ~hen ~1 ~he opt~~ ot the ho:der, and wit t•ny otAer notice, al~ t remainin~ j
.~~s~a~lmen/s ah I k~e due and payabie at . Pr~v~lege is y:v~n to prepay thia te in whol~ w in part st any time withovt pendty. Neither f ebearaecf,
nor accepra~+ct y ~he hotder theroof sfrer ny delauh in any payments hercon, h~ll bs~ deened eate.+s~on. A laie yment ch~r~e of f ~hall b~ $
actdrd 1o each msNllment rema;tiny unp~' 7 days after its due da~e, aod a G? sum shall be addad ro each iuch' i sf~liment remainirg unpaid d~ys aher
each iNtt~ payment dafe. ~ ~ -
Each er, surety and e~dorser ~of, jointty and ~ever~lly, waivez d nd, presentmenr protest and notit of proleat io/ nonpaymen and further
a~rets to ~ny atention of t~mQ oi p~ymen e'nhe~ bniore w a(ter m~turity, wit ut not~ce to sny of ui; and to y aH coats ql collectiw~ includinq •
-~asoneble a~t ncy'~ fee i~ ?he event oi y detav~t hereundrr, and hereby se e~~~ly waivea all benefif pf homest and exemptio~ und~r t tonttitWio~
~ d'.aws of e h S+are of ~M United Stete as aga~rue ~his obGgation o~ eny e e~sion or renewal hereof.
Wirness the hand and ieat of e~ch a~ty.
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NOVY. TNFREfORF, the MORTGAGOR fw the Furpose of sscuri~g paymcnt of sa~d sum of s 31~4~ , and tM psrform~nce qf ~h~
covenants and agre~ments hereinafter expressed, and fw dive~s 9ood ~~d valuable cons~der~tions, by theu ptestnfs, dost yrant, bar9ain, sell, rem;~e,
~e'ease, convey and conf~rm unto the IAORTGAGEE, ita lucceasors and ass~yns, sli that certain lot, piece o? puctl of (and, s+tuate, lyirg, ~nd beinp 1n 1M
Ca,nry of _ SZ . ~.i1C 1~ Srat~ of Fbrida, described ~t follows:
Lot 20, B1ock 2S, RIVER PARK, UNIT 3, accozding to the plat
thereof on file in Plat Book 10~ Page 80, Pdblic Records of
St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with -
Mortgagee, the within oortgage secures not oniy an
exiating indebtedness, but aZao ADVANC~S to be HERE-
ARTER ~oade by Moztgagee to Mortgagor~ the aggregate
of which will equal the principal amount specified
in the promissory note secured hereby.
^ S i ATC rF FL~G~:~r~ 1
. " COC'JM£NiARY :-",`.,~SfAM~ j RfCEMEfl~ ~S.~D INPAYMpfTOfTAXES
v~ri .i fiEVEhUE _y'~`~.-.; ~ DUE ON CtASS ~C' iK?Ir.r,lB~_E PE~9ohAl PfiOPERry~
' - ~~'1; ;F:~`~?;•" 4 7 8 5 1 ~T TO CH.1~~" 7t-i3~t. A~IS Of 19/t.
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- ' _ ~ 2 ' ` ~ CLEi~ CIIICIl1T OOURT, Si. WC
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~o9ether w7th all and sinyufar ~M fenements. hcred~taments and appunance~ tlrcreunto belonyinQ or i~ anywise a~rt~ininp therNO, a~d all nnb. iuws.
p~oceeds ~nd p~of~ts ~cuvinq snd to accrue from uid premius, all of which are included in rfie sbove ~nd fa~goi.g description ~nd habsndum.
TO HAVE AND TO HOID the above deuribed and 9raMld premises unto tht iaid MORTGAGEE, its wccessors ~nd aasgeu for~va. Md th~ s~id
their
~.ORTGAGOR ta heirs, e~cecutors, adminiir?sro.s •nd augns, hereby covenants with tFw said MORTGAGEf, in wa~sro~s uid qsipn~,
rha+ -~~Y_~~-- lawfulty se~:ed of the sa~d prem~ses in fee •imple; that the sarn~ are fre~, ck~r and disch~ryed trom ~11 liera snd entunf
br~nces i~ !aw a in equity, and thst theV will ~nd theit hein sl+~ll wu~ant ~nd d~fend tht titlt to tFM samt to the s~id
1~10RTGAGEE, itf wcccsso?a ~nd aa~gru, faever ~yainst the lawful claims and demands of all penona;
PROVIDED, ALWAYS that if tfie MORTGAGOR shall pay unto the MORiGAGEE th~ promissory note he+~inbefore dewibed a~d sFull truly, promptly
and fully perform, d~uhsrge, execute, comple~e, comply with and abide by each and evrry the stipubtions, agreemenb, conditipu and cownann o~ said
o~om~uory note and of this Mortg~ge, then thia Mortgsge snd the Estate hereby ae~ted tMll ce~u and b~ null ~nd void.
li IS UNpERSTOpD that the word "Mong~ga" whether in the s~npul~r or plural anywhere in tl?it Nbrtgay~, ~hsll b~ sinyul~r if one only ~nd
shall b~ plurd 'pintly and ~evcrally if more ~han one. ~nd tM~ the wwd "~heir" es used Mywher~ in this Mortyape sh+ll be f~ken to mean "ha:• •'hen; •
y w"ib;' wherever ths context w implies a adm;rs. Also, that wherever there is a refer~nce in tM covsnants snd ~pr~emenb herein contaw~ed to ~ny of
-s iht puties herefo, fhe same shall be conatrued to mean as well ss the hein, legal r~pres~nt~tives. sutcestws ~nd astiprq (eitMt vOlunt~ry by ~ct of tFw
paAies w involu~tary by operation of the law) oi the same a+d that the coven~nts herein contained sAaN bFnd and 1h~ benefiri and advantapts irwr~
~o the respedive heirf, le9al rtpresentatives, iucceswrs ~nd as~~gns o~ ~he partip hereto.
And uid Nbrtyagors, (or themselves and their hein, legal ~eprexntative~, succeswn and ~ssig~s, Fxreby joint~y and ieverally twtn~~t ~nd apr~e
ro u?d with the said MORTGAGEE, ifs successors and ass~gns:
~ 1. To pay ~(1 a~d sinpul~r the printipal and intere~t and ?he wriovs and :undry :ums of moneY paYable by vinw of s~id promissory rwb, and this
rtwrtyape, tach and wery, promptly on ths days rqpectively ~M ume sev~raNy become dw.
2. To psy ~II and singulsr the axes, essessme~ts, levies, liabilitie~, obliystions and tncumbrai+ces of every natw~ and kind now on ta;d d~urib~d
~ Propeny, w tha~ here~ft~r may b~ Nnpwed. suffereA, pl~ced. (evied, a suessed ther~on, or thst l~rrafter rtuy bt levied or ~tsnsed upon t!~ Mat¢
~y ~pe, or th~ b~deb~edness secured hereby, ~xh and wery, when dw and payabte, xcwdiny ro I~w, befa~ fhey become delinquent, and b~for~ ~nr imKpt
M attathes a any penalty i~ incurred; ANU tNSOFAR AS AN~ TMEREOf IS Of RKORp iME SI1ME SMAII SE PROMPTLY SATISFIED AND DISCHARGEp QF
W RECORO AND THE ORtG1fVAl OFitG1A! OOCUMFtV1 (SUCN AS, FOR lNSTANCF, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED
OR CERTIFIED) SHAII BE PIACEU ~N THE HANDS OF SAtD MORTGAGEE WITHIN TEN pAYS NEXT AF1ER PAYMENT; and in tF~t tvent that ~~y the?eof is not
pa~d, aat sfied and diuherged sa'd MORTGAGEE may at a~y time pay the same w any pa~t thereol withour w~ivin~ or ?fftctinp any option, li~n, eqvity p
•~pht under or by virt„e ot thi~ mo.tgage and the (uli ~moum o( each ~nd evcry svch paymem ahall be immediately due and pay~bk ~nd shall beK inte~es+
~.om the daie rhe.eof vnr~t paid •r rate of ~,ne per centum p~~ •nnum ~nd toQe~her wdh such intereft shall be secured by tht li~ of fh's morgta9e.
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