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3fS462
THIS IMDENTURE. IWd~ Mi~' 2nd day of June A.D. 19?? b~1wNn
Sherrill 0. Wils~n end Scarlet~ G~ Wilson, his wite
~ St'i• LUC e ~p~~~y F~~~ ~~~ryftM d~iipnat~d ~s tiw •'MpR~G/~GOR," and FIRST FEOERAt SAVINGS AND IOAN
/1S50C1AT10N OF FORT IIERCE. ~ torpaation orq~nis~d ~nd ~xiatinp undN IM I~ws of tiw Un~1~d Sut„ of Am~riu u~d h~vinp ft~ prir?cipd plat~ 01
buw~~ b tM Clty o~ Fwt PiMC~. St. l~rci~ Cow~ty. Flaid+. her~inaftN d~siynaad u tM "MOR~i(~iI1GEE." .
VYHEREAS tM MORTGACsOR h j~n~ly ind~bMd w tM MORTGAGEE M tM ~wn o~ LW;'O ~ OO ~„d ~~M,{~~ ,,,«,~y oi tM Unlt~d
St~~N advanc~d by th~ MORTGIIGEE ~n~o ~ht MORTGAGOR, as tvidenced ~y • ce~ui~ promi~or~? no~~ Of even dat~ Mr~with, of which tM followinp in
wad~ ~nd fipura h a tn» copY. lowit:
y~Di0~0~0~ No.Y~~2~~12~~6
Fat Pi~rd, riab~ June 2 19~~
fa valw~recaved, t, wt, w•ithe. o~ u+, promi~e ~o pay, without de(+tc~t~o~. ~o the wdN of FIRST FEOfRAI SAVINGS ANO IOAN ASSOCIATION
Of fORT PIERCE at fort Pitrce, Flwida, tM sum/~ of 3--~0-1~~~ ~ 00 - w~~h imnest irTo~m d•te tM at~ of _~'X~ P~~
:nonthly ins~allm~nt~ iollows: f- YQ-- - the IOIh day oi ~-~SC.S~~.~ . 19~_ and • 1i4~ sum on
rhe cwrespondinq day of e+cA ma+fh thereafte~ un~il tM whol~ be fully paid.
Each inaullmant lirs~ sMll be applied i~ paymcnt ot Na in~e~e~t a~d then on tAe unpaid balanu of tM principat wm. If de(ault is mad~
~n tM payment of any i~sal~meM whcn due. ~nd such d~fault continws 30 days, tMn ths option ol the holder, ~nd withoul any oth~r notice.
all th~ nmaining inatallments ~h~ll be dw snd pay~bte a~ once. Privilefle i~ yive~ to prepay this nots in whols a in parf ~t any tims w~thout
penalry. N~itMr fabear~nu, na atceptanca by the holds~ tl+neof ~ft~r ~ny d~f~uh in a~y paymeM Mreon, shall be deemed exten:ion. A laro
paYm~nt char~ of i 12~10 sh+ll ,be ~sx~~ed /M 26fh day of the mo~th. ii a re9ular busin~u day. a. if nW ~ reyvlar butineu day.
~hen tM n~zt busen~ss d~y. on ~ach monthly installmsnt not thtn nc~iv~d.
Esch maker, wrety and endase? hereof, jo~~Ny and iewnlly, w~Fves demand, p?eseMment p~o~ast and notice of protest for nonpayment, ~nd
I~,rtlw agreea ~o any estenaion of t~me of Qaym~nt. •i~her befae or ~hN maturity, without norKe to any ot uf; ~nd ro p~y all cosb oF collection,
~ncludirg a reasor?abk anwney's fte in N+i ev~M of any deisuir hereunder, and hereby sererally w~ive~ all benefit o1 homestead and exemp~ion unde~
rhe c~onttirvtion ~nd laws of sach Sute of ~he Unired Stats~, as apainsf thi~ obly~tion o~ any extensan a renewsl hereof.
sL herri2l ~Ti l9on _ c~??;
Star~ tary stamps in rhe amoune ~A~~
~ s car e . son
of = 7 • 00 ate
•ffi:~d a tM mott~~ sscund her~by- ISEAI)
NOW. THEREFORE, 1M MORTGAGOR iw tM purpos~ of ~ecuri~y payment of said wm of ~~~•OO~ ~nd tF» pNfamano~ of tM
cov~nanb and ~yreemtnb h~r~inafMr expresied, ~nd fa div~r~ ~ood and v~lwbl~ co~id~+ations, by tMs~ pres~nri, dwt ~?aet, buy~in, setl, rem~se,
releaN, oonw~r ud confirm unw the MORTGAGEE, in sucus~~ ~nd ~ssiyna, a11 tMt cert~in bt, pi~c~ or pWC~I of I~r+d, sitwtt, lyirg, and btirg in th~
Cwinhr of S t. LuC i e and SI~t~ of f iaida, d~w+b~d a~ fdlows:
Lot 26, Bloak 89, INDIAN RIVER ESTATES, IINIT 9, according to the
plat thereof on f~ile in Plat Book 10, Page 74, Public Records of
St. Lucie County, Florida.
Ay agreement of Mortgagor and Mortgagee on file with
Mortgagee, the ~ithin mortgage secures not only an
~'I existing indebtedness, but also ADVANCES to be HERE-
' AFTER made by Mortgagee to Mortgagor, the aggregate
~ of-Which will equal the principal amount specified
~ in the promissory note secured hereby.
~
I
` p O
~ STATE~-~~ FL~~;:~;;'~ ~
` ~ DOr+)MENtAU` ~ . ST~iMF ~ , ~ RECEIVED; vv IN PA~MENf ~ TAXES
uF: 'j: K~YE~~Uj ! DiIE ON C:AS~ 'C' "''RMCISLE PERSOMAL PROPERIY~
~ - ,fi~N-7 {;-~i•.~~,~Ti~ O O pt%^`~!at:+ Ir r' " %i l31. ACTS OF 2971.~K~
'77 ~
~r v ~ 'r8 = ~~y;,:% + ; ' POIiRAC
~ CLEftK C{ItCUi( WJRT, Sf. LUCIE 80~ Fl~
!o9e+F»r with ~11 and tinpul~r th~ tenemta~ts, her~ditsm~nts and appurta~ces thereunto bdonpiny o~ in anywise spperUininp ths~~ro, u~d all nnb, ia~ws,
p+oceeds and profin xuuiny ud to accrw from said pnmisa. all of which ~ro included in th~ ~bov~ and forpoinp dewip~ion a~d Mb~nd~xn.
TO HAVE AND TO HOtD tht abow deuribed ~nd yranted premiws unto the said AhORTGAGEE, its svatiwn and assipro for~vN. Md th~ s~id
tµORiGAGOR fw tY?Air ~;n~ ~xKUton, ~d,n;MStratwi and ~uiqr», hereby covenann with tFw said MORTGAGEE, its ava~uors s~+d ~ssfpeu,
rher th~o Kill _ Iewfully se~zed of the said prem~ses in fee simpla; that the sam~ u~ frN, ckar ~nd disch~ryed from all li~ns and ~ncwr?
t~~ancei in law o~ in pvity, a,d r!»t they will ~nd their hsin shall wan~nr and d~fend tM ti~k ro~he wne to tM sau!
tr,^vRTGAGEE, ib wcceuon and ~uiym, forwer ~yalrut the lawful claims ~nd demands of ~II peno~uj ~
~ PROVIDEO, A1WAY5 that if tF» MORTGAGOR slyll p~y unto tM MORTGAGEE the p.omiswry rat~ her~i~befw~ d~wib~d and ahall hvly, promptly
~ n;:d fulty perform, ditd~+ry~, txecut~, compl~te, canply with and abid~ by escF~ and ~very tFw stipul~taro, a~re~nlnb, conditiora ~nd coven~oh of said
~ oromiiwry note and of thii Mort9apt. the~ thit Mortyayt and the Esta» her~by u~at~d thall ceas~ and b~ null and void. ~C
~ IT IS UNDERSTOOD tiut tFM word "Mortyapor' wheth~r in tM sirgvlar ot plwal u?ywt~~ in this MortQ~p~. ~1) b~ ~inpulu if oew only and 'b
~ ~ha!I b~ plural iointly u~d sever~lly if more tMn on~. and that tht wwd "their" as ufed snywh~n in tF~is Mortyaye sfiall be taken to rrw~n "his;' "hen;'
~ or "~rs;' wherwer the cont~at w implies w sdmits. Alfo, that whe.eve~ thero n• refererKe in rF~e cov.naon ~nd aqr.emenn h.r•i~ ow~taind ro amr of
fhe partks h~reto, the wme sh~ll b~ caatrued to m~~n as well a~ the F+~in. ~ep~l repres~ntatives, s~cceiwrs ~nd assiyns t~itFwr voluntary by ~ct of tM
~ pe.tie~ or involuntary by opaation of th~ I~w1 of tF~e same and th~t the coven+ntt lwein ooot~ir+ed sh~ll bind and th~ berrfiri and adv~ntaQes i~wn
~ the respeuiw Min, by~l repr~tentativ~s, wcuuon and ass~yra of tFw parti~s ber~to. ~
~ Md kid Mwtyspws, for th~m~elvts and tMir Min, Ityal rep~ts~ntatives, succ~s~ps and asaiqro, her~by joinfly and wverally toven~nt and pne
~ oo ~nd wkh tM said MORTGAGEE, its tucceswn and auipns:
1. To p~y ~11 and sinpvlar t!» principal and interest ~nd tfie vuio~n and sundry t~na of morNy payabb by vihw oi s~id promiuory not~, ~nd thb
mortfl~yt, Mch and twry. p~omptly on t!r days rapectivtly tFK sam~ wverally becore» dut.
2. To psy ~II u~d ~:g~lar tM t~xes, atwsunents, Iwies. Ii~Wfitiss, obliy+tiw~s snd tncvmbr~nc~s ef wsry narw~ u~d kind now on said dssv~d
~ propertY, a that her~afiK may be impw~d, auffN~d, plaud, levied, a aswss~d thereoe, a that hneaftN may b~ levwd w aiseswd v~wn this Mat¢
sqs, a tM &rd~bledr~es~ s~evr~d hKeby. ~ach u+d ~very, wMn dw ~nd payable. ~ccadirg ro bw, befw~ they becom~ dslinqwnt, and b~fat ~ny irnaNt
a+taches p~ny ptnalfy it incwred; AND INSOFAR AS ANY TMEREOF IS OF RKORO iHE SAME SHAII 6E PROMPTLY SATISFIED AND OISCHARGED OF
RECORD AND THE ORIGINAI OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFAC710N PAPER OFfIC1AllY ENOORSED
OR CERTIFIED) SMALL 6E PIACfD IN THE MANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in 1Fw ewM that ~ny ther~of is nw
;,a~d. iat'~fi~d and diuhar~d ia:d MORTGAGEE may a~ any t~me pay t!w s«m w~~y part ?he.eof withovt w~ivirg w affedirq ~r~y option, lan, puiy a ~
•~qhr ~nder or by virtw o~ ~his mort~ay~ ~nd tF~e full amovnt of exh and wery wch p~yment shall be irrwnediately due ~nd pa~r~bb ~nd shdl beu intKat
iro:r. ~F» dN~ tiw~of v~til pa~d at rate of nira per c~~rum pe~ ~nnum ~nd topethe~ w~th such imerest ~hall be fec~?sd by tl?e lien of th:s maytsq~.
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