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36846~
THIS IN~ENTURE, Nbd~ 1h~ 3=d d~ of ~ ~ A.O. 19 77 b~lw~tn
C. N. Al1e~ and ~velyn Allen~ his wife
of -~t • ~.~1~ ~Q Counry fbrida. I+N~iMftM dhgn+ted ~f ~h~ "MORTGAGOR," and i1R3T fEOERAI SAVINGS AND IOAN
ASSOCIAiION OF FORT PIERCE, • corpo.atan apaniz~d ~nd ~r~stinp u~de~ tM I~w~ ol tM Umt~d St~tN of /~nytlu ~nd h~vlnp Ns prieclpd plau oi
bu~l++~w M ~M Gty oi Fvrt Pi~ru, S~. lvcM Couoty, ilwida. MI~1M~iN dti~Mi~ n th~ "MORTGAGEE:' •
WHEREAS tl» MORTGJ?GOR h jwtly Ind~bNd b th1 MORTGAGEE in Nw sum o~ i__ 3OL~~~~ pooti and iwvfut mawy of tM Un1t~d
St~te~ adv~nc~d by tM MORTGAGEE un~o tM MORTGAGOR, ~s •v~denced by • ccria~~ prom~~wry ra~~ ol even da~~ Mr~wirh, of which th~ (dlowinp in
worda ~nd fipwN i~ • trw copY. ro-wit: ~ :
s_ 30.000.00 _ ~ ~o O1-23012626 _
F«, P~~.n. ~ia«i,. Juno 3 ~s _
For v~lw recaved, 1, w~, w either o1 ui, promis~ ~o pay, wi~hout defalca~~on. ~o ~hi ader of fIRST FEDERAI SAVINGS ANO LO/?N ASSOCIATION
Of FORT PIERCE a~ fon Pieres, Flaid+, +M wm of t 3O ~ w~ih int~r~st from dav ~t th~ r~h of 8• 5 '~'e pe~ ~rn+w*~, in
momhly im~allmen~i as followa: i-_~~42.0~ - on the tOth day of - Septeober 19 77 u+d a iib aum on
?1?~ corre~pondiny day of euh month ther~aftN until ths whote b~ lully p~id.
E~th inst~llmeM first sMll be ~pplied in payment ot the interesl ~nd ~hen on tl?~ unpaid b~bnte oi Ihs p~incipa) tum. (f default is msde
~n tM p~yment of ~ny instaGme~t when dw. and ~uch de(~~h coetinwi 30 d~ys, then st tM opt~on of tM hold~r. ~nd without any otMr notice.
all th~ remainin~ installmenls ~MII be dua +nd p~yable ~I once. Privile~~ is Qivtn lo prepay this nor~ i~ whole a in p~A ~t •ny time without
pen~lty. Nei~Mr fwbearanc~. nor scc~p~ance by the hold~r tMreof aftK anr dtfavlt in •nY p~vman~ herwn. shall b~ deemed eattmion. A la~e
payment cMrpe of i 12 • l0 . shall b~ as~esud tM 26th d~y of tM mon~h, if a re9ul~r businesa day. w, if not • reyulK business day.
thsn tM n~xf bu~irNU day, on tach monrhly inuallment not tMn nuivsd.
Exh maka. surety and endoroer hersoi, joiMly ar+d ievcrally, waivq dem~nd. presentme~t prohs~ and norice of prWest fw nonpiyme~+t. and
fuNlw ~.hs to any ert«+aion of ~'une of paym~nt. •ither be(w~ a affK matur~ty. without notice to ~ny of us; ~nd to pay all cosn of colkd'an.
includinp a rsasonabk attorn~y's fet in tM event of any defwN hereunde~. and hereby sevsrelly waive~ all bene~it of homtstead H+d eaemption under
fhe ow+stitution end I~ws of ~ad~ S~ar~ of ths Unired S~ates. ~s p+~~s~ rhis o§liyatan a~ny •xrension w r~newal F~ereof.
S/ C. H. Allen ~~Ai~
Stat~ documa?tary s~~rnps in tM amou~~ Bvelva Allcn (SEAL)
of = 4 5. 00 .te - cSEAI)
affi:~d 1o tht morlppt s~tur~d Mrsby. (SEAU
NOW, THfREFORE, ths MORTGAGOR fa ~M purpose of securinp paymenr of ~atd su~n oi s 30 ~~00. ~O and tM p~rfwm~nu of th~
cownants and p~~em~nh I+K~inaft~r expreued. ~nd ia d~v~~s 9ood and v~tuabl~ con~ide.ations, by tlws~ prewn», do~s prant, ba.yain, sell, rem~ss,
releas~, com-~y and oonfirm unfo tM MORTGAGEf, its wccessort ~nd auiyns. all tMt certai~ lot, piect or puul of la~d. situ~t~. IYiny, u?d btinp in tM
~~ty ~ St _ L~cie , ~eid Sqt~ of florida, de~aibd ~s fdlowa: "
Lot 40, Block 57~ INDIAN RIV6R ESTA?E5, SUBDIVISION~ UN~? 8~ according to
the plat thereof recorded in P1at Book 10, page 73, in the Public Records
of St. t.~cie County, Rlorfda. ~
By aqreeventof Mortgagor ~nd Mortgagee on file
with Mortgagea, the within ~ortgage secures not
only aa existiny indebtedneas, but alos ADVANC,;FsS
to be t~RSAP'?BR oade by Mostgagee ta MartgaQoz
the aggreqate of which will equal the pzincpal
' aaount specified in the pro~issory note secured
~ hereby.
p0
i AT C i ~ ~ G ~ . I
p~J;_~~MEh?ARY.--= . S?lar~___:•'•• ~ RECflYED ~ IIIPAYIIE1ffaTAil~
~ _ _ - , - - ~ WE ON CLASS'C INTAN61eLE PfR90NA~ PROPfR1Y
•.sf ~EY'ctitJ~ t^ ~ P!'k$U~MT 10 CiU1PTER T1-134. ACTS OF 2971. ~
~ ~~,~-~•T~i=~:Y~~= 4 5. 0 0 ~ ~E~ a
, _ o $ = _ ~.:;:1~ ' ~
, CIERK CIRCUlT CLJK1, ~,,,;it ~p, ~
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}ogether with ~II ~nd ~inputar tfi~ t~nts, Mreditaments urd appwtances therw~+w belonp~rg or fe ~mrwi~ app~rt~in&~p tl~~w, and all r~nn, issun,
p~ocseds and profin aaruirg and to ~ccrw from said pr~mise~, all of whid~ ar~ included in the abow and forpoirp dMCription and Mb~ndum.
TO HAVE AND TO HOW tht above dest?ibed ~nd yranted premisea uoto tM said /NORTGAGEE, its sutttswrs ~nd ~uipes fo~wN. A~ tM s~id
',',ORTGAGOR for theiL Min, exacutors, admin7itnro~s snd ~uigra, hereby covenants with tlw ~aid MORTGAGEE, its s~cusso~s ud p~ipna,
rhar the~ ~~~,,,fully u~zed of tM s~id pr~m~s in fk ~imple; tlut tM s+ms ar~ fre~, cl~a~ ~nd dischuy~d_ from ~11 li~ns and ~ncvm~
brances in law a in equity. ~nd that they will and their ~II wurant ud d~fend tM titl~ to tM sarrw to th~ s~id
MORiGAGEE, ip s~cceasws ~nd nign~, ia~wr spixut the lawful claims ~~d dsm~nds of ~II perwros
~ PROVIDED, ALWAYS that if th~ MORTGAGOR ihall p~y uneo ~h~ MORTGAGEE the promiisory noh Mr~inbefor~ describ~d and shall truly, promptly
~ s~d fully perform, disch~rp~, ~xecvte, compl~te, comply with ~nd abide by ~ach and every the stipul~tions, pre~r~enb, cAnditiam and oovenanb of said
~ promis~y noq and of tF~is Mortpape, then this Mortpay~ and the Esqte h~r~by a~ated ~hall u~s~ and b~ ~ull ~nd wid. ~
~ IT IS UNDERSt000 that the ~word "Morty~pp" whethe~ ie~ th~ s~ngular a ptwal ~nywh~rt in thi~ Mortqap~, ~hall be ~irgula if on~ only u~d
~ ah~l! b~ plwd jointlr and ssver~llr if mw~ than one, ar+d th~t the wad "their" ~i uted ~nywF~ere in tha Mortyape ~h+ll b~ tak~n to mean •'his,•• •'h~n;'
~ "its " wFwr~vtr tM context so implies a admits. Also, that whererer thert is ~ refeierKt in the cwenaMa ~nd s~nerrknb her~in ooM~i~wd to ~r~y of
;he parties Mr~to, the wme ~MII b~ comt~ved ~o m~a+ as well ~s the M'us, kyal rtpresentativ~s, wueswn and asqm (either volunury by ~q of th~
pareNS or involunury by op~ration of the law) of the sa~n~ u+d thal ~he coven.m• Mr.~n conui.Kd shall ba~d and ~M b.nefin .nd .dvanr.~s trwx~
!o the resp~etiw Mirs, Ipd r~present~tiva, wccessors and au~~ro of ths panin h~reto. - ~
Md said Mortyagors, for themselw~ and tF?~'u hein, leyal rep~tsenutivn, wccesson ~nd ~uiym, h~reby jointy a~d s~va~lly covan~nt u+d apre~
- ro and wRh the Nid MORTGAGEE, in wcutwn and aqigro:
1. To pay dl and siny~rla. the p.~ncipal and imcrest a~d the v~ria» and sundry wrro of maxy psYaW~ bY virtw of aid promiuwy not~, se~d this ~
mOrtQa~e, eath and wKy, pranptly on tht d~ys re~pectively the sartN sever~lly becorry dw.
2. To pay dl ~nd ~inpula tM uxn. ~uesN+wnri, bvies, li~bilities, obligatia~s and ~ncvmb~~nces of every nahrr~ a+d k&d now on s~id d~svib~d ~
~ prop~nY, o~ th~t F~e~ftt? may b~ impw~d, suffa~d. P~+ud. I~vied. a aat~s~ed thneo~, a that fw~ah~r may b~ levwd a aas~ss~d ~rpon tNs Mort¢
aq~, a the ind~bt~u t~cwsd herebp. uch and wery, when dw and p~yabte, xcordinp ro law, b~fon tMy b~carw ddinqwnt, ad b~fw~ ~ny inbr~a
a~tachts a~mr per»Ity is incurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROMPTLY SATISf1ED ANO DISCHARGE~ OF
RECORO AN~ TME ORIGINAI OFfIC1Al QOCUJNENT (SIJCH A5, fOR INSTANCE, .THf TAX RKEIPT OR iHE SATISFACTION PMER OFfIC1AtLY ENOORSED
OR CERTIfIEO) SHAII 6E PLACED IN THE HANDS Of SAIO MORTGAGEE WI1HtN iEN OAYS NEXT AfTER PAYAAENT; u~d in the twM that ar?y ther~of is not
pe~d, sar:sfi~d and diuha~y~d ~a:d MORTGAGEE may ~t any timt pay th~ same a any part therwf witFw~t waivinp a afFectinq ~+~y optan, li~n, pvity or ?
.~aht undN a by virtue of thi~ mortyps ~nd tM full ~mount o} each ~nd every ~uch payment ~hall be immediatety due and payabk and shall bek inNrest
~.om the d~M therwf until paid af rart o~ nlne per c~ntum per annvm and rope~her w~th ~uch inter~s~ ahall be ucured by tFw lie~? of th'a moryrp~.
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