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THIS Ii~t~fUR~ N1~ thi~Yth ~.,r a( NOVB1qtI@1' A.O. 19T~ b~tw+~i
8AY COLONY OF STUART, INC., a F or a co oratioo
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Martin ~pM~y hp+~ry~ ~t~d u/M "MORTGAGOR." u~d fIRST fEDERAI SAVINGS AND IC/W
ASSOCIATION OF FORT PIERCE. • aorpa~tan apa?iz~d sed ~xtstinp w~dn tM I~wa d th~ thuhd Su~a of Mwka wd havinp in prlncipal pba of
b~win~a in tlw CM1? of foA Pisrar SI. l~xM Co~nry?. Florid~. her~inafta d~s~pna»d ~s tM "MORIGAGE6"
~i~i M. Alw~tmAOOt k;~.N~? ind.bMd a ~h. f~w~ttGAGEE tn tl+. of s 450 .000.00 ,~„d and Iw1w ,~on.y of M. uMMd
SaNS advaiw~ b!? th~ MORTGAGEE wuo Mr MQRTG~AL'rOR. ~s wWn~ad b1? • c~tsM Pro~o~1~ ~oN of ~wn dnt MrewitR of v~Akh th~ iollo~wM~ N
wotd~ ~nd fywK b• wv~ oopr. 1owM~ .
~__~50'~ ~ . ;v - . ~ r~ ~a•----Nov_euobsr_10.-------------. -
EICIi?EEN (18) M4NTHS --------_,tn~ d~r. rw w atM~ oi ~?s a~s~ ro ro ~he o.ds~ of
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FIRST FEDERAL SAVIR'GS AND LOAN:ASSOCIATION OF FORT PIERGE
E'OUR HUNDR~D THOUSAND DOL~ARS AND NO/i00---
~ou~s
200 S. 2~id Street Fort Pierce~ Florida~ 3345~
for v~lw rcteived: MYabh at.---------------------------------------------------------------------------
wif~f inttltSt
--.r rM caro oF__ 4_
2~ p+ wr monthl
[rom------~A~~------- -Fcr cent per ~nrwm vntil id; intaest sWe---------------y----
Md each of us whether m~lcer, gwrsntw ot endwser, hertbY sever~lly waives u~d renounces +ny aod at! homes~esd exempYron riyhts we may
have ur~der thr Constitvtion w laws i.` the State of Florida, o~ any otlur State o~ Unitrd S~ates, ss a9sinst this note; and esch funher waives dansnd,
naics of non-payment and prWes4 snd in the rnnt it becomes necessuy ro eoqect this note tluov9h an sttomey, sgrees t° p+Y ~il costs of cdlection,
irclvd~ny reasonsWe attorr~'s fe~.
If default is m~ds in sny psyenent whe++ due. thrn at the opYan of ~he holder, and without any anr. nolice. ~II the remaininy balance shalt
b- due ~+d paYable ~t orKe. • '
• BAY COLOhY OE STt1ART, INC. .
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~ NOW, ~~EF+p~ISE, the Mc~rCgagor far the p~ose of seairing pa~nt of the said sim of $450, 000. 00
and the perfan~anve of t~e oav~nts a.-~d ac~e~nts expressed, and for div+ers c~ood
and valuable oorLSideratiorLS, by thesQ presents, cbes grant, bargain. sell, renise. release,
oonvey and vorifiYm wltv the 1"brt~gagee, its suooes9o~rs ar~d assigns, a12 that oertain lo~, pieoe
or paroel of lan~d, situate, lyir~g and beiaq in the Qamties of St.Lucie and MaYtin, State of
Fiorida, unre particul,arly ~ibed on F.~chibit A, Y~ereu~tio attached and mad~e a part hQ.x+eof.
togetF~ with ~II and sirgulsr ihe i:nemenn, hered'dsrnents snd ~ppwtsnas tl~aeunM bdaginp o? in anYwat ~PpeA+ini^D fF~ueto• and al) nn», i~swf.
prxeeds ~nd profin atua'ug and to aarve from uid premi~es,, all of whid~ ars incfudad in ti+e ~bo~w and for~poiig daniPtion and Iwb~ndan.
TO HAVE AND TCL I~OIG th~ a6w~ des~r~~~+~t~P?emisss unto th~ s~id 1NORTGAGEE, in wous+ors ~nd usipro ior~wr. Md tM wid
MORT6'~~ for. ' 1~S ~eie~c u+d assg~K. MrebY oov~nanb witt~ the said MORTGAGEE, i:s wootswrs and nflpn.
rhet 13 larvfuly seized of tM said premises in fee simple: tl»t tM same ~r~ hse, cles and di~cl~upd from all liens and a+nxn-
hranus in law a in equitY, snd that lt ~ will snd itS SUCC@SSOr~ sh~ll vr~r?~nt and defend th~ titb to tht sarn~ to tM a~id
MORTGAGEE, in svccessors and assgro, forever aysinst tir lawfvl ckims and dan~nds of el) personas
PROVIDED. AlWAYS th~t if the MORTGAGOR shatl p~y unto the MORTGAGEf the p?anissory no~~ !»?~inb~foh dac*ib~d ~nd sfMll uuly, prompll~?
ar+d fulir perforn~, d~scha?~e• e:ecvte, complet~, cornply v?ith and abid~ by each and wery N+e sY~pula~io~s, epreema~ts, oor~ditions snd-aavu++MS of said d°?=
Prc^~iswry nots aed of tleis Mwl9aps, tlxn thu Mn?tpsy~ and the Estate harab~r vtated shatl p~ts and b~ rwll and void. ~ fi
IT IS Ut~ERSTOOD B~et Hw word "Matyapor' whether in th~ sinpular w plw~l an~nwMn in this Morty+p~, sh+ll b~ srgular if one only ~ed
sh~ll b~ plw~l jointlp ~nd sever~lly if more tl+an a+e. ard thst the word "their° as used artywhsr~ 1n Nws Mwty+~e sh+t! b~ t~ken to ~an "Fds," "htrb"
or "its." whuever th~ con:ext w implies er sdmin. Also, that wnerever ther~ is a nfsrenoe in th~ covenanb and a~serncets haein oontai~ed to an~r of
tM parties here% the s+nw sh+ll be oorutrued ro me~n as well as tfw heirs. Mpal representatiws, svcoasson and aswpns (eitl+er volumary by ect of tla
pa?ties a involumary bp operation of the law) of the wn~. snd that the aor~nsnn herein oor.tained sh~li bind and tir b~mfits and advaM±~s Mwr~ ~
so ths nnp~uiw hein, k9s1 r~esenratives, svccesson ird assqns of th~~ pWtiws hereta ~
Md s~id Mortyspors, fa tFneuelws and M~ei? h~irs. Ip+) reprs~entatives, woces~ort and ~asipns, her~bY joiMh and wwrslly ooven~nt snd apnt rn
~o and with tht s~id MORTGAGfE, its successc~rs ~nd +ss+qns: ~i ~
1. To p~y al! ~nd sinpula? ti+t prindpsl and interest ~nd the v~rio~s ~nd sundr.y wms of money payabl~ by virtw of wid praniuory nott, and this
: mwty+pe, wch and ~r. Prom~tN on th~ d~ys r~spectiwly th~ same sewrallp becar» dw.
Z To pry all and ~igolar tM tax~s. ~s~easmems. Iwies, li~bilities, oblig~tiora and encumbnnc~s d ew~y rwtas and Akd now on Nid oexrlb~d
wow~h, a tMt hae.fi~r inay b~ i~npa~d, wff~nd. P~+ad. Iwisd, or a~sssd tFw~on, ar dw hereaftN mnr b~ kvi~d a aaaNd vpon this Mo~
+9., a fh. ind.b~.dr»si saai.ed haeby. .sch .ne w..y, wh~, dw and p.y+bt~. .ooo.fimp b ~.w, beton rbw b.com. de!inyu.ra. .nd beto.. a~r tm~nst
attaclws or a~r p~naM~r is inarr?ed: AP10 INSOFAR AS AN1I iMEREOF 15 OF RKOR~ THE SMAE SF1/1ll dE PROAAPTIY SAiISfIED AND ~ISCMARGED Of
RECORD AN~ THE ORIGINAI.OfFICIAI DOCWNEM (SUCH AS, FOR INSTANCF, TNE TAX RKEI?i OR tHE SATISfACTION PAPER OFfIC1ALlY EN~EO
OR CERTIFIED) SFIALI dE PLACED IN THE HANOS OF SIIID ARORTGAGEE WITHIN 'EN DAYS NEXT AfTER PAYM:NT; ~nd in th~ w~nt M~t e~ryr N~onof i~ ~a ~
p+id, sat:sfiwd ud d'achar~ed s.3d MORiGAGEE m.y n a?y tune pay clr sam~ or any pan rhe.~of wirhovt w~i•&g a affecrinp +n~r aWion. li~n. ~qvib or
~iqht und~r or by virtue of this rnorty+~e and the ful! srno„nt of each and every wch payment ~11 be 'nnnedi+teip dve ~nd payabl~ ~nd shsli b~ar infarat
~.om the dat~ Mnnof ~rntil psid at rate of nfnt per untum pe~ am~nn and ~opetl~er w~th wch interest shall b~ stcwed by tM I'Kn of th:s morytap~.