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THIS INDENTURE, Nl~d~ the l~~ d~y of ~~1 ~ A.D. 19_ ?7 between
Coaatance Cappel Montqoaer~ _ ' ~
~
of St'• ~lC e ~ County Flp~da, hereinafte~ deiignated as 1Fro "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERtE, a corporar~on. wgani:ed and •xist~ng unde~ the Isws o( ~M Un~ted S~a~~s of Ams~k~ ~nd Mvinq iri prindpal pl+u of
buun~ss in tM City of Fort PiKp, St. luti~ Gounty, flwida, hereinafter deiiynated as ths ~"qMOR~TGyA~GEE:'
WHEREAS 1M MORTGAGOR b j~»tly itukbted fo tM MORTGAGEE in the sum of =~1.l~~-L^ ~ ~ good end lawful ma.+ey of th~ Un~tcd ~
States ~dv~ncad by ths MORTGAGEE unto t!N MORTGAGOR, ss evide~ted by a ce~tain promissory note ot e~en date herewith, of whith tM fotlowinp in
wwda ~nd ffpurq b a trw copy, towit:
s 37,200.00__,_ ~ N,O1-23009b08 ~
Fort Pierce, Florida, ~Q~l 1 19~
For vslue fKNV!<J. I, we, o~ either of us, p~an~se ~to.~ pa~y, yw~ithout defalcation, to the order of FtRST FEOERAL SAVING~ AND LOAN ASSOCIATION
OF FORT PIERCE at fat Pierte, Florida, the sum of zLL~~~ wirh inteyrc~st~from dale a~ the w~e of ~~96 P~? annum, in
monthly installments as follows: S_ .~s~-__ _ on the tOth day of ~ '~i 19_!J- +~+d ~ like sum on
~he cwrespond~ng day of each month thereafte~ until the whole be fully paid.
~
Esth in~tallment first shall be applied in payment of ~he intereit and then on the unpaid balsnce of the pr7ntipal sum. If default is made
~n the paymcnf of any instaliment wFKn dus, and such default continues 30 dsys, then at the option of the ho~der, and without any other notice, #
all the remaining installmcnti shall be due ~nd payabie at once. Privilegc is 9iven to p?epay this rote in whole w in part at a~y time without Y
penalry. Ne~ther fabe~~ant~, ~+a stceptance by the holder M?ereof ~ftt~ ~ny d~fault in any payment hereon, thall be deemed extensio~. A late ~
paymeM charge of s 1~~~ shall be ssussed the Ybth d~y of the month, if a re9utsr busineu day, or. if no~ • reyutH business day,
then tM eMxt busineu day, on e+ch monthly installment not tMn nteived.
Each maker, surety and e~d«sa hereof, jointly and severally, waives demsr+d, presenrment protest a~d noY~ce of protesl for nonp~yment, and
further agrees to any extension of time of payment, either before or after maturity, without notice ro any oi us; and to pay all costs of collection,
~ncluding e reasonsble sttor~ey'~ fee in the eve~t oi any defa~it hereunder, and hereby xveral~y wsives all bencfit of homeslead and exemption uoder !
rhe constitution and iaws of each State of the United 5?ates, as against thii obligaf~on or any extcnsion or renewal hereof.
a_. ~L _Ci011St8IIC@ CiBpp@Z KOIItg-~ (SEAI)
State dotv ~ary stamps in the amount ~~A~~
of s 5~• w - (SEAI)
•re
aff~~ced to th~ mortp+yt tecu~~d Mr~by. (~A~~
NOW, THEREfORE, the MORTGAGOR fw the purpose of s~cvrlnq,p~ymenl of ssid sum of S-~7l~ N`~ . and th~ periorm~ece of tM
coven~nts and apreemenh hereinafter expressed, and fw divers 9ood and vsluable conside~stions, by tl+ess ~resents, dots yrant, buyaiq, sdl, remise,
release, convey and confirm unto tM MORTGAGEE, its successws and auiyn~, atl ths~ certain {ot, picc~ or parcel of land, situ~t~, lying, and beug in ths ~
~~~~y $t. Ci@ and Sute of Florids, described as follows: .
Condoainius Parcel No. 112 oi Coral l, according to the Declaration of Condosiniva there- ~
of, recorded in OfPicial Records Book 2l~7., at pages 50o through 563 of the pniblic records ;
of St. Lucie County, Florida, as aaended by CertiYYcate of ,lsendment dated February 18,
1977, filed April 21, 1977 and recorded in 0lPicial Records Book 266, page 2893, et seq.,
of the Pnblic Records of St. Lncie County, Florids.
SUHJ~CT to the teras, covenants, agreeaenta, obligations and provisions of said Declara-
tion oP Condoninius Which Kortgagor in all things does covensnt to Hortgagee fait~tl~lly
to obaerve and perfors. ~
liortgagor covenants i?ith Kortgagee that the proceeds of this ~ortgage loan i+ill be used ~
to purchsse t~he above described real property and thst it has not heretofore besn her f
honestead or that oi aqY one peraon, and that she haa actually resided heretofore at
' Goddard College, Plainrield, Veac~oat 05bb?• This is a purchase aoney aortgage. ~
'i -
! aAECf
~ED ree~ent of Kort or and Mo ea on file ~ -
pU., O,y ~ ~ 8~
( s~,~,TG~ '~J'~.Sj ~rith Mortgagee, the xithin ~ortgage secures not -
ro r'i,~,T ~ only an existing indebtechiess, bat also ~DV~NCgS ;
~ F~r ~~rq~je~ ~,y to be Affi~SLPTSR sade by Hortgagee to Kortgagor
~ '~'iil'~~ ~i.~~ pE,~~?E,~ the aggregate of xhich vill equal the principal .
~ti,p~.'~ir,~r~s'~~ A Arr aaount specifYed in the proaiasory not secured
" ~ ~~F~g`'~y~~q~ereby. -
,
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rogefhsr with all ~nd ~irgular tM t~nementi, hereditaments ~nd ~ppurtanus thereunto b~lw~pirq o~ in ~nywise ~ppsrt~inirp tF~ereto, and dl renri, iasws, ;
c~cceeds and profit~ acuuirg ~nd to accrue from ~aid premise~, all of whlch ero irxluded in the abov~ and forpoinq d~wiption ~nd Mbendum. '
TO HAVE AND TO HOID the abova deuribed and yrsnted premises unto the uid MORTGAGEE, in succeuon and auiyns forwK. Md tM iaW
!~'.ORTGACsOR for hBr - hein, ~XKUtOft, idministratws •nd assipns, hereby tovenanta with the ~aid MORTGAGEE, in wcceswn ~nd auipro,
rhat 3~1A ~8 lawfully uizcd of the said premisn in fee simple: th~t th~ ume are fr~e, clear and discharp~d itom ~II Uent ~nd ~ncvm~
6-arcef in Isw or in eq~ity, ~~+d ths+ h@r will and b@r hein sh~ll warr~nt and def~nd th~ titl~ to the urtw to tM said
MORTGAGEE, ib sucusson ~nd iuipns, fwever ~y~inst tM lawful claims a~d demends of all penons;
~ PROVIDED, AIWAYS that if the MORTGAGOR thall p~y unto the MORTGAGEE the promissory not~ harsinbefor~ dtwibad and ~hall tn~ly, promptly
~~:d fully perForm, discharye, ex~tvt~, complet~, comply with and ~bide by each and ~v~ry the ttipvlations, aqrtsments, conditions and covenants of said
erom~ssory not~ ~nd of this Mwtp~ye, then tF~is Mwtyay~ ~nd ths Estit~ hereby cre~ted shall cease and b~ null and void.
O
IT IS UNDERSTOOD that tlk word "Ahwtyapa" whether ln tM sinyular or pl~rsl ~nywher~ io this Mortga9e, alull be ~irg~l+r if on~ only ~nd _
ir:sll b~ plur~l jointly and avenlly if mor~ than o~e, and that i1u~ word "their" es used anywhert in this Nlortpag~ sMll be taken to me~n "hb:• ••Furt;' ~c
~ a~ •';rs;' wlkrever tM context w implies a admit~. Also, fhst wlxrever there is a refe.ence in tF~e corenant~ ~nd pr~ertunq 1?sr~in cont~intd to ~ny of ~ f
she pani~s hereto, tM sam~ shall be co~utrued to me~n ~s well at the hein, 1e9a1 reprtsent~tive~, sucustwt •nd ~~si~m (tither volunt+ry by acf oi th~ ~
~ parti~s w Mvol~ntary by operation of tM law) of the ~+me and that the covenants herein contained ~hall bind and ths ben~fib ~nd ~dv~ntpq inur~ ~
ro th• ~~sp~ctiw l+~in, ley~l r~pr~seM~tiv~s, succ~uori and ui'9ns of the pan~ss hereto. ~
And Nid Mwtya9ws, fw thems~lv~~ and tMir hein, Ipal r~pre~ent~tives, sucussort a~d auign~, hereby iointly ~~d sev~rally coven~nt ~nd ayrs~ ~ ?
+o and with tFw said MORTGAGEE, iri successors and auiyns: m
t. To p~y all and iirqular tF?~ p~irKipal ~nd interest ~nd tht v~riout snd wndry sums of money pay~bte by virtw of taid promiswry rat~, ~nd thit
r~ortgsy~. ~acF~ and ~wry. p~omptly on tM days respectively the s~me sevsr~lly becortw dw. w
4. To pay all and sirgulu tM bxes, ~sssum~nts, (wies, liabilitiss, obligations and encumbnrx~s of ~very natur~ ~nd kind now on uid de~crib~d ~ ;
p+operty, w that Mreaft~r may b~ impokd, wffer~d, plaud, lavied, «~ues~ed ~hereon, o~ that Fweaft~r may 1» Iwied w~ueued upo~ this Mort¢ j
epe, w t}w ird~bt~dne~s ~etvr~d her~by, ~ach and ~vsry, when dw and paysble. ~ccordinp to law, b~fon tMy !»com~ deli~qwnt. ~nd b~fw~ ~ny MtKeu +
a+rachet w any pen~ity ii incurred; AND iN50FAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI 6E PROMPiIY SATISFIED AND DISCHARGED Of
RECORO AND THE ORIG~NAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE S/lTISfAC?ION PAPER OffIC1ALlY ENDORSE~
OR CERTIFIED) SHAtI SE VLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER VAYMENT; ~nd in tht •vtnt that ~ny tMreof k no1
pa~d, s~t'~fi~d and disch~rged saEd MORTGAGEE may ~t any tims pay the s~me or ~ny p~rt thersof without waivi~ or affectirq ~ny option, lien, eq~ity a
~~phr und~r or by virtw of this mortype and the full ~mo~nt of each ~nd every such paym~nt sh~ll bt immediately due •nd payabte and shall b~ar Intert~t
j+om tM da1~ lh~~eof unfil paid at rate of nine pe. centum per •nnum •nd toyerher w~rh •uch intereat ahall be sec~red by ~he lien of th:s morytape.