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NOW, 1HfRfFORE, tFu MORTGAGOR 1a the purposs of iecuriny p~yment of sa3d wm of ~17 ~ 000 ~ ~nd fh~ p~rformanc~ of th~ ~
covcnants and sp~eements he?~inaiter expreued, and fa divers 9ood ~nd wiwbl~ consider~tiw~s, by tMs~ pr~sents, do~s ywnt, bar~~in, sell, remiie, ~
release, convey ux! confi~m unto the MORTGAGEE, its iuccessors u+d ~uiyns, •1! that cert~in bt, piea p parcel of lu~d, sitwtR, lying, ~nd beirg in tlw i
~a,~~y o{ ~ t. Lue i e e~d State of fior;da, describ~d folbws:
Lot 5, Block 394, PORT ST. LiTCIE, SECTION 6, according to the plat :
thereof on file in Plat Book 12, Page 36, Public Records of St. Lucie ;
County, h'lorida. `
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By agreement oP Mortgagor and Mortgagee on file with
Mortgagee, ~he within mortgage secures not only an
eaisting indebtedness, but also ADVANCES to be HERE-
AFTIIt made by Mortgagee to Mortgagor, the aggregate $
oP rrhich will equal the principal amount specified
in the promissory note aecured hereby.
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p~,.: x; ~`J; ~=~tif,#,~~~ C O. ~ pllE ON CU?~ Fa. 71-1~1. ~S ~ 1.
` a - ~ ~ B~ z~ ` ~~~ryT SO a ~fR p~ITNAS ~t~.
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~oge~Mr w~~h all sod iingular ~he tenements, heredit~ment~, ~nd appurt~nces therevnto belonpinp a in anywise app~rtainkq ther~to, ~nd ~N re~M, iav~s,
pr«eecJs and prof~n acuuiny +nd fo acuue from said p~em;ses, sll of which ae incl~rded in the abovt u+d for~oirq dacription ~nd h~b~ndvm, -
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TO HAVE AND TQ HOtp the abovs dexribed snd yranted pr~mises uroo tht said MpRTGAGEE, ih sutcaswn and astiprq forewr. Md th~ said e
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MORTG~AyG,~O~R fp - han, fltKUtpff, ~dminiitraton and auigrts, hereby cown~nb with tM s~id MORTGAGEE, ifs woceswts ~nd assipn~, ~
rhat -~i9.i--~- lawfully aeized of the said premises in fee aimple: th~t tlk tame ar~ iru, ckar snd dbch~rpet! from atl Ikro and ~nn+a~
pr~rlty jn I~w O~ if~ lquify, ~t1d th~1 ~~e9 Will ind their ~~I WufMt Nld dlffffd f~1! tit~! f0 t~N {MM 10 T~N Mid i
MORTGAGfE, its succeasws ~nd augns, fa~ver syairot the I~wfvl clairra and dsmands of a!I penons; '
PROVlDEa, AIWAYS that if th~ MORTGAGpR ~hal! pay unto the MORtGAGEE tbs proni,swry ~qte hereinb~fwe dacrib~d u~d ~MII tnily, pronp~ly T
end ful~y perfam, d~schar~, ex~cure, compkre, comply wiih ~~d sbide by e~ch and every the atipul~tioro, a~rkrt~ents, cw~ditioes and covKwnn p( sa;d
promissory not~ and of this Mortgaye, then this Mortgaye a~+d the Estste her~by ueared slwl! uas~ and be nul) ~nd rold.
ii IS UNDERSTO00 tAat the word "Mortqapor" whether irt rik sir,gular a ptwil anywhrr~ in this Mortpap~, shall b~ sirgular if on~ only a~d ~O
:hsll b~ plwal jointly and sever+lly if mon tMn on~, and that tFa word "their" used anywi~tt~ in thia Mort9a~t sh+U b~ t~k~n to mean •'hi~,•• ••F~trt•• c~~ ~
o. "in," wherev~r 1he com~xt w impliea a admits. Atw, tF»t wi»rev~r there h a r~fKer~ce in th~ tov~naus ~nd pr~errwnn Mr~in owqiiMd to any of
tM pufies hereto, the sarr» aF+~ll be oo~atrued to mean ~s wdl as tM hei~~. Ieya1 represeM~tives. s•xussws and astipr?s (~ither volwNary by aq of tht
pa.ties ot imduntuy by open~an of rM Iaw) of th. sam~ sod that the coven~nb her~in conr•ined shall bind and tM b~nefin a+d dvanta~p inun t
+o tM resp~ctiw hrin, Ipd representarives, aucuuon and us~~~u of tM psrt;es hereto. Q
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Md uid MonQapors, fw themselres and tF~eir hein, lepal r~esenlativ~s, suct~ssors and ~uigns, hereby io'u+tly and sever~lfy oov~nant u~d pnt ~ ~
ro ~nd with the s~id MORTCsAGEE, its sucusson and a~sgrn: ~
1. To p~y ~11 and ainpular th~ printipal and int~reu u?d th~ wriovs and aundry suma of mo~ey p~Y~bl~ by virtw of said ptomissoty npt~, and th&
r^o?ty+y~, ~+ch ~nd ~wrY, pranptly on ths days re~pecrively the same sev~raUy becoer» due.
To piy al) ~nd sinQ~1N th~ t~~es, asseue~nn, levies, liabiliti~s, obligatiw~s and encumbrance~ of wery rntvre snd kind now on ~aid danib~d
{xoperry, a that Mre~ftN may b~ impofed, suffaed, pl~ced, kvied, or assessed therson, o~ tl~at Mreafter may b~ lwi~d a aasesMd ~rpon M~ia llAorq.
or tM indebr~s ~ewred hereby, each ~nd every, when dw ~nd pay+bM, xcadi~Q to l~w, b~for~ thty becan~ delinqwnt, and brior~ ury~ MN~n~ ~
snaches a any penalry is incurred; AN.Q INSOFAR AS ANY THEREOf IS Of RKORD THE SAlY4E SHAII 8E PROIMPiIY SATISFIE~ ANO OISCHARGED QF
RECORD AND THE ORIGINAI OFFICIAI DOCU~.IENT (SUCN A5, FOR INSTANCE, iHE !AX RECEIVT OR THE SATfSFACT101V PAPER OFFICIALIY fNDORSED ~
OR CERTIFIEDj SMAII sE PtACED IN THE HANOS OF SAID MORTGAGEE WITNIN TEN DAYS NFXT AFTER PAYMENT; and in th~ tv~n~ tlwt u~y tFwt~of y npt
paid, sat tfied and distharged sa:d MORTGAGEE m~y d+ny Yvne p~y the s~me w amr part thereof witlw~t waivinp or a/fectieq a~ option, li~n. puity p ;
•ipht under a by virrue af this mo~~yaye and tl+~ full ~mount of each and erery such payment sF~all be immediately dut and payab{~ and shall btar inter~st ~
~rom the d~te thereof until pa~d ~t rate of nine per cc~rum per arw~um and toyether w~th ivch interes! shall be secured by the li~n of th:s morpt~e.