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THIS INCENTURE, Mad~ tl» lit d~y o~ `1~t~1e A-~• ~977 b~~"vN^
Yorktown Construction CQrooration. a Rlozide CornorstiQn
of St _ Lucie CovMy flaida, Mr~iMftN dNq~ut~d ~i tiw "MORTGAGOR," and FIRS~ fEDERAI SAVINGS AND IOAN
ASSOCIATION Of FORt PIERCE, • coraorat~on apu~iud and ~xi~tinp ~ndw ~Me I~ws o1 tM Un~t~d S~~~N of Am~rka ~e+d Mvinp Ns pr{ncipd pl~u d
bwir~ M th~ CNy d fort PiKU. St. luci~ County, Fbrida, her~inaftM d~ape+at~d ~s ~iw "MORTGAGEE."
WFiEREAS tM MORTGAGOR b jvttly ind~bi~d w th~ MORTGAGEE in tM sum of a8 • 4~ , 9ood and I~wful mon~y oi tM Un~~ed
St~tp adv~nced by th~ MORiGAGEE unto th~ MORiGAGOR, ~s evid~nced by a ce~uin promissay non ot ev~n d~te Aer~wifh, ot wh;ch th~ followinp le
word~ Md fipwa k• trw coPY. to-wit:
s 2e~aoo.oo _ oa-23p1249~
Fort Pierc~. Flaid~. `~~@ 1 ~p 77
Fw value rec~ived. 1, w~, a e~ther ot us, prom~~e ~o pay, wi~hou~ defalcaiion, to th~ ade~ of FIRST fEDERAI SAYINGS ANO IOAN ASSOC~ATION
OF fORT PIERCE af Fort Pieru, Florida, the tum of f- 28i4~•~ with intuesl from d~tt fM r~M of per a~num, in
month~y irntallmena a follows: S- 2~ - o~ tM 1Mh d~y of ^--~~l~2SL 14~ and a lik~ wm on
rhe cwre~p«?dirg day oi each month ~hereaft« ~ntil ~he whole be fully p~id.
Eath installmeM fint shsll be spplied ie+ paymsnt of rhe in~e~es~ •nd tMn on Ihe ~npaid balarxs o1 tl+~ pr~ntipal wm. If default is m~d~
~n ti?~ payment of any instahment whcr+ due. ~nd such d~f~uh coMinwf 30 d~ys, ~htn ~t ths option o1 the holde~, and without ~ny otMr notice,
aIl the remaininy instal4nenq ~haN be dw and payabte ~t onte. Privile9t is given fo prspay thit nott in whole or in part at any tun! without
pe~alty. M~ither iwbeu~nct. ~+tceptance by the holder thtr~of aftN ~ny dtf~ult in anY paYmcnt Fxreon. shall bs deemed eatension. A lafe
payment cfia~ge of s 11 e45 shatl be asussed th~ 26th d~y of the mantA. a regvlu buiineu day. or. if nor a reyulat busir+eu day.
~F+en the next businsu day, on cach mo~rhly insr~llmenr ~W tMo nuiv~d_
Each maker, wrety and endaser hereof. joimly and tever~lly, waivet demand. presentment prote~t and not~ae of praes~ fw nonpaymeM, +nd
fu?ther apren to any exteniwn of time of payment either before or aher matur~ty, withoul notics ~o any of us; ~nd to p~y all coan of colkction,
including ~ reasonabk a»wney's fes ~n the eve~~ of any deEault hereunde+. +nd hereby severally w+ivei sll bene~it of homestead ~nd exemptan under
rhe co~stitution and lewt of each Stat~ of the Uni?ed States, ai p~iost this obligation p any ~xtension o~ rtnew~t he~eof.
~ YORKTOWN OONSTRUCTId~f CORPORATION
Corporate Seal Affixed
BYt s/ Chazles C. Pi~ato~ Preside~u
State dotvmentary it~mps in the arraunt -(SEAII
oF s 42 •60 A17BSTs af B~tty Piansto~ Secreta~cv ~~u~
.ffix~d w tht n+w+p+p~ s~cvr~d_hsr~br, (SE~?l)
NOW, THEREfORE, tFw MORTGAGOR fw tht purpos~ of a~cwinD psyn~nt of s+id wm of ~ 28, a~0 • ~0 -,~+d th~ pntormarx~ of th~
COVNNf11~ ~11d i~fNfMflf3 ~1MlIM~fff expreued. and for diwrf"pood~w~d v~lwbl~ co~ide?aY~ons„ b~r lhas pt~su+b. dws Q?Mt, barp+k?, stll, r~mise,
relea~e, conwy ~nd con~f+'um un*TO tF~ MORTGAGEE, ib succeswn u~d aupna, all tMt unain laf, piea~ or p~rdl of iand, ~ituaM, lyinp, aod btinp h tM
~OVf11Y Of ~7t • LuCi~~ MK~ .SIa}f Of F~Ofldi• dtiCfl~ N fO~~OW~t
Lot 10, Block 253, POR2 S?. LUCIB, SDCTION 4~ according to the plat
tbereof on file in Plat Book 12, Paqe 14, Public Records of St.
Lucie County, Rlorida.
By sgree~~t o! Mortgaqor and Mortgaq~e on file with
Martqa9ee, the within ~ortysqe secures not only an
e~dsting indebtedness, bnt also AD~VANC6S to be H6RB-
AF?BR ~ade by Mortqagee to Mortgagor, the aggregate
of which will equal the principal asotant specified
in the proaissory n~te secnred herebq.
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rogether with ~tl and sinpular tFw tenrma+n. heredifamenb ~nd appurt~nces the?wnto belonyiey a in ~nywiN appKbininp thertro, and ~II r~nt~. issut~.
pr«sedi and profin ~cwiny ~nd ro xcrw hom said p~emias. ~II of which a~~ inclvdad in ~M above and forpoirg desc.iption ud MMndum.
TO HAVE AND TO HOID the above dewibed and ~ranted premis~s unto the said N~ORTGAGEE, its wocesson and auipns forwer. Md th~ wid
MORTGAGOR fw it: hein, eaecuton. dmirwtwton and aui~ea, hereby coven~nn with t!w ~aid MORiGAGEE, its wass~ws and astipro.
rnat _ it ig I~wfully sei:ed of tF~e said premises in fe~ simple; that the same ar~ fr~e, ckar ~nd discFwryed from all liw~s and Mtvm~
c~ar.ces in law o~ in equity, and that it will a~d its h~in sMll wsnant and d~f~nd tM titk w th~ sun~ to th~ said
,MORTGAGEE, in successon and ~ugro, iwev~r ayiu~st the lawful cia~ms ~nd dam~nds of ~ii persaus
PROVIDED. AIWAYS tMt if tl+e MORTGAGOR ~hall p~y unro tM N10RTGAGEE tFr promissory rat~ hereinikfo~~ described and shall truly, promPtly
~ end fully p~rfwm, d~sch~r~. e:ecut~, compl~te, comply with u+d ab~de by ead~ ~nd every tFK stipulataro, spnemenn, conditiom snd cov~n~nti of said
~ promisiory not~ ~nd of this Mortqape, t}~en this Morty~pe and tFw Est~te hereby u~at~d sh~ll ceas~ usd b~ rwtl u~d void. ~
tT IS UNDERSTOOD that tF~ wwd "Mortyapor' wMthe+ in the ~irgular a pfwd ~nywher~ in this AAortpp~, s1+aU b~ sirgular N one only and pC
shsll k» plwd jointly and ~evasally if mor~ than on~, and tFwt tM word "~heir" as used a~ywher~ in Ma Matyape shall b~ tak~n ro nwu~ •'his,•• •'Mn••
or "its;' whertvet the context so 'anplies or ~dmin_ Alw, that whereve~ there is • ref~rena in th~ covenanh ~nd syr~nn hKtin containd fo ~ny o~ w
~he peni~s haeto, the ~arnt ahall be construed to mean ~s w~ll ~s the he~rs, lyal represenutives, wcc~ssors and ~ssipro (~itM~ voluntary b~r ~d of th~
parties w inwlvntary by ope~~tion of tlw bw) of the surr and ~hat th~ cwanann hersin contai~ed shall bind .nd rM b.nefin and advanr~ea ir?w•
fo the re~p~iw hein, I~yal representativ~s, waesson and us~yru of th~ puti~a her~to.
And uW Mwtyapors, for rfKmaehei u~d tl+e'a heirs, b9+1 rep~tsenf~~iva, wccesson ad ~uip~u. lroreby jointly and kvpally cov~n+nt and pne
ro end with th~ Nid MORiGAGEE, its ~ututsors and ~uipro: ~ ~
1. To ~II ud si lar tM ~nci I~nd intNat and th~ w~ian ~nd ~u promis~ory note, ~nd tl?ls ~ ~
WY P~ P+ r+dry wms of money p+Yable by virtw of said
mon9ay~. ~adi ~nd ~very, pomPtly on t!k days reipectively tM same sevar~lly becorrw dw. '
2. To pay ~11 and siegular th~ t~xes. KaesuMnn, levies, liabilitiss, obligations and encvmbr+eca of wery nanx~ and kind now on ~aW dew~d
P+~nY, a th~t h~r~afar m~y be wnpowd, wff~nd. Pl+ced, Iwi~d, w~essed thaew~, a tM~ F~eaBer m~y b~ Iwied a nseued upon Nda Mort~
~ eg~. w rlr ird~bt~dr»ss Mcw~d M+eby. ~ach and ~wry, wMn due u~d p~yaWe, ~ccadirp ro I~w, b~fa~ thep becane d~linqwm. ~nd b~fw~ sey k~tK~s~ ~.7
..~:,h.es ar srsy p~nalty it 6sctrrred; AkD INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAII 6E PROMVTLY SATISFIED ANO OISCHARGE~ Of
Rc_CORO ANO THE ORIGINAI OffICUI OOCUNIENT (SUCH A5, fOR INSTANCE, TME ~AX RKEIPi OR THE SATISFACiION iMER OfFIC1AltY ENOORSE~
OR CERTIFIE~) SHALL 6E PLACED IN TME HANOS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMfNT; a+d in the ~veM tMt ~ny tMrwf is nw
pa~d, s~Ysfi~d u~d dixhuqed sa:d MORTGAGfE may at any time pay the same w sey part tF~~of withovt waivir+p o~ affscrinp aery? option, li~n, puity a
~~Qhr undu w by vinue of thy mo~type u~d tl~e full amovnt of each ~nd ~very such paym~nt ~hall b~ imrnediately due +++d p~yabk and shall b~ar intKqr ~
~rom the date thereof vntil p~id at nte of n7ne per centum pe~ annum snd tofl~tMr «:tA wch interest shall be secured by the lit~? of th:s mwqtsy~.
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