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TMIf INDEMUR6 IWd~ tA 15th of Oece~ber A,D. 19
~7 M~vrNn
~ ~ran e, rk at er ae . ell, h s wife
~ ~
of ~ uC ~ Cqu~ty Florida, ha~in~ftK dttiqn~ted ~i tM "MORTGAGpR;' ~nd fIRST FfOERAt SAVINGS ANC IOAN
ASSOCIATION OF fORT MERCE. • oaporation orpantud ~nd ~xNti.p und~? tM la,w of t!w Un~?~d Sf~~„ of Anwk~ u~d Mdnq it~ princip~l ~plap of
buunp~ in tl» City o{ hA ~iMa. St. luci~ Co~xMy, Florid~, I+K~in~iter dnpnat~d a~ tM "MORiGAGEE."
WHEREAS tM MORT(~AGOR i~ ~uatly i~d~bl~d ro rM MORTGAGEE in tM ~um of = 30, ~O. 00 y~ ~~wfut ncon~r o~t th~ Unihd
S+at~s advanpd by tM MORTGAGEE unro M» MORTGAGpft, ~vidrnced by • c~na~n prom~sswy not~ of ev~e? dN~ Mrwvitl~, of which tM to1NwM~ M
wad~ ~nd fipwN i~ • trw aopY, lowk:
s 3Q, L1a0.An ~ ~ O1-23022500 _
Fo., c;~.~e. ?iw~d., December 15 ~qZZ
For v~lw ncawd, 1, we, or ~~tMr ol us, promne ~~P+Y~~O O'Oef,lca~~on, to ~M ada of FIRST fEOERAI SAVi 8 SNO tOAfV I155f)UATION
OF FOitT PIERCE at Fort Pi~~n, florida, tM ~um of i_- V . w~rh interesr from date ~t th~ r~M of • % pK snnwn, in
~.,orohty inualiment~ fdlow~: S 241.57 10~h d~y of February 1978 ~d a{ikt ~wn on
rhe correapondin~ day of tach month thK~~it~r until the whole be fully piid.
Each imedlmenf first shall b~ appli~d in paymeM of the int~rt~t ~nd then on tM unpaid Mlsntt of tM p?incipal twn. If defaull is m~d~
the paymcnt ot ~ny iroblfma+t when dw, and such d~f~uM cont~nu~s 30 d~ys, th~n at the opt~on o1 tM ho1dN, and without ~ny otM? notict, .
aIl the rcm~ininy infullm~ntt ~lut) Da dw and pay~ble at aKe. Privilept is piv~n to prepay ~his nole in whol~ w in put p•ny tim~ without
~alty. N~i~l»r fwb~u~ew. InQr ~c~epance by the ho1dN tMteof ~ftM any d~f~ult in ~ny peyment h~rwn. ~II b~ d~ened ~xt~nsion. A Iste
payment cMr~e of = L. U7 y~all be a~~eued tM 2MFi d~y of the momA. if a rcgufar busintu d~y, a. N nor ~ n9u1K bwineai d~y.
rhen rhe ~eat businass d~y. on ~acA mo~ntAFy inttallment not tF~n naiwd.
Each maker, aw~ty ~nd Md01lN he~wf, joi~tly and iew~allv, waives dem~nd; p.cse~r.oe.,t protest and notiee of proqs~ fa ranpaymeet, ~nd
1u.~her ag~en to any e~etauion of tim~ of p~ym~nt, c~iM. befa~ or afur matu~ity, w~tha,~ ratic~ ~o any of us; and to p~y all cwn of coll~an.
~ncluding a rea~or+abl~ attorney's fN in tM ~vent of ~ny def~utt hereunder, and hercby severally wa;vei all btndit of hom~~t~ad Md txemption vndtr
rhe consHfurion and I~wt of ~at}~ Sqt~ of tF+e United S1+1ts, b apaimt thit Oblipal~on or aey ext~nfion a r~ntwal Mr~of.
- (SEAl1
S firank W. Bell Jr.
Srare documentiry iramps in th~ ~n+oum - ~ (SEAI)
af s 45.00 ~r~ ~ S/ Catherine S. Bell
siti:ed ~o tht mortpap~ ntund I~~by. - (SEAl1
30 000 00
NOW, THfREFORE, th~ MORTGAGOR fa tM pu.pow of ~ecv~inp payment of sa~d :um of S ~ • ~nd tM pNformsna of th~
cov~.unri ud prknKnt~ h~niMh~r ~~tprewd. +nd fw d~vers pood ~nd wlwbte cau~derst~ons. by th~N pni~nts, doN prNrN, bup~i~, NII. r~rnik,
relesu, conwy and confirm unlo tM I~WRTGAGfE, itt ~uccesaa~ and a~signs, :tt fl~ar ~en~in bt, pieu w parul of (~nd, situaf~, (yinp, ud b~kg in 1M
~~M ~ St. LuCl@ ~ Suh of Florid~, dswib~d n followa:
Condominium Parcel No. 1135, OCBAY VILLAS III, according to the Declar~tion of
Condominium thereof recorded in Official Records Book 277, pages 2686 through
2750, inclusive of the public records of St. Lucie County, Rlorida.
SUBJECT to the terms, covenants agreements, obligations, and provisions of
said Declaration of Condominium which Martgagor in all things does covenant
to bbrtgagee faithfully to observe and perform.
By agreement of Mortqagor and Mortga~or on file with Mortgagee, the within
mortgage secures not only an existing indebtedness, but also ADVANCE.S to be
FiERfiAF?ER made by Mortgagee to Mortgagot the aggregate of which will equal
the principal amount specified in the promissory note secured hereby. ~
4~
` . . i _ i ~ , . } ~ , ~(jO 18 ?AYA~ENS OF TAXES
- - _ . ~ R~£~IVfD Z
" ; - ~ : ' i~ ~ ~ . L•U~ G:i CLi~S 'C' 1 i'ti~l:6 6LE PiwSONkI P~OPEATY~
' _ ' _ . = V : _ . T ; . _ _ ACTS Of 187
. ] 1 UpSi1ANi TO i11aPt~ t 71-:: 4, ~j
. '-Yy' - ~1 5. 0 U anca~ ~ars~s ~~.t3
"3 ` ` • M ; q,ERK qRqNT COUAj~ $T. WCiE CQ, R~
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~~gerher with all and sinpular th~ t~nt~. h~r~Nm~nt~ ~nd ~ppvrt~nces thereunto belorqiny a tn anywiw ~pp~rtsinkp f!»rNo. and d! r~nts, IMw~,
c~«eeda ~nd profits ~cuuinp and ro arnw from s~id p~misn. ~II of whid+ ~e included in tM ~bov~ u~d forpoMp dpcrlptbn a~d h~b~ndu~n.
TO HAYE AND TO tM abow drwib~d ~nd prant~d pr~misN onto tM wW MORTGAGEE, its sucu~wn ~nd safpn~ fonw?, Md fh~ sdd
+~',ORTGAGOR ta eii h~tn. ~x~cvton, adminatr~ro.a ~nd •~siyns. Mr~by cown~nb wirh th~ wfd NWRTG/1GEE, fn NxaMOn ~nd a~ipn~,
~har - theV are I~~ully Nis~d of tM s~ld pnmis~s in fN simple: tiut tM ~am~ a~ frM, cbN ~nd di~ch~rp~d fran dl If~ ~nd ~
broncc~ in bw or in pvity. ~nd Iha+ tt1~111 and theiY Min ~hall w~naM N~d d~f~ed th~ tIM~ f0 MN ~MM IQ MN Nfd
MORTGAGEE, tn a?cuwws ~nd ~uipm, for~wr p~lnrt tht bwfvl cl~irtn and d~m~nd~ d all p~rwnsj
PROVIDED. ALWAYS th~t !f th~ MOATGAGOR ahdl p~y unto tht NIORTGAGfE th~ promiuory not~ Mr~inb~{on dNttlb~d and ~M11 h~lr. prqnpfly
a~d fully qrfwm, d~~eharp~. ~x~ew~, oornpbt~, eanply with ~nd abtde by ~~eh and ~v~ryr tl+~ stipvlatioir, prNenM», eondltloro u~d oon~nwst~ of s~Id
~~om~fsory nor~ ~nd of thi~ AAortqp~. tlwn thh Matyap~ ~~d Hw Esr~n her~by aNt~d ~ha!! aaw a~d b~ null +nd void.
IT IS UNOfRSipOV th~f t!w word "MortQpw" whetMr in tFw sinpulu or plurd ~nywh~r~ In thi~ Mwtpsy~. ~II b~ ~kqu1M If oeM only ~nd
ehal{ b~ ptwd ioimly and ~w~iNy If mon than on~, u~d rF+N ~he word "~Mir'• VNd MyWIMff Ifl tl~q MOftp~ ~FyII ~ f~I[M t0 IIMM ~IIN." "'INr~,•• ~r.,
o, ..~r~" wMrw~r tM cont~,et w knplla w~dmits. A(a. that wMrw« th~r~ A• nf~?ent~ in tfw Mwrwnb ~nd aprMrnenb h~r~ln ooats~n~d b~nr of
1ne p~nin I»nro. th~ ~wm ~lull b~ ooesfnnd ro n»an u vwll w tM Mfn. Ipsl rpr.s~mniw~, woc~uon Md ~~s{pM (dthn volum~ry b~r aet of th~
~.•r~.~ o. involum+ry bp opKnlon of tM I~wf oi tM sam~ and tMr rh. coven~nts Mrein conafmd ~t( bind w+d th~ ba»fNs u+d ~dvsn~p« Ir~
~o ~h~ r~apKtivr h~tn. Ip~l nP?~n?~fhrM. Mxt~MOn Md ~M~QM of tM p~rtiM bN~to.
Md NW Mwtpapon, ta tlwmNHN u~d tl»(r h~ks, bpd repr~N++t~tivN, wcce~swa ~~+d assipm. F~~by ~oinrly ~nd s~wr~lly ~t ~nd prN ~
.nd with tM wid MORTGAGEE, it~ ~ua~swn ~nd uaipns: rr'+'
t. To p~y dl ~nd s4pub? iM p~lntlpd ~nd M1N~st and th~ rariqn N+d wndry arma of mornY WY~~ bY ~~w of uid promf~wry e~oa, ind Mt~
~~ortp~~ l~Ch ~nd fv~fy, p?pnPNY On t1N e1y~ /NpKt1v~~Y /1M apM Mr~~~lly bKdn~ dW.
2 To pay dl ~nd 1i11~uIM fFN 1~riM, kwan~nt~, fwi„, Uab11NiN, obtlpaYwiu and ~ncwnbrancN of ~wry n~tw~ ~nd klnd now q~ wid d~crlb~d
c•op~rty. a that M~n~if~r en~y b~ impo»d, wH~r~d, pl~e~d. Iwi~d, a~wwd ti+K~on, a th~t h~ndtN may b~ Iwi~d a a~wrd vpon thN Morf~
ay~, w tM irwi~Mdewu s~air~ twr~by, Neh ~nd ~v~ry. wlwn dw ~nd p~y~bl~. ~eeadinp ro I~w, b~fon th~y b~eom~ d~tk~qu~m. ~nd b~far~ ~ MM~na
e'~aches w~eryr pen~lty q I~ewrtdr ANO INSOFAR AS ANY THfREOf IS Oi RKOR~ THE SAME SMAIL 6E PROMPTIY SATISfIEO /WO DISCHARGED OF
aECORO AND THE ORIGINAL OiFICIAI pOCUMENT (SUCN AS, fOR tNS~ANCE, THE TAX RECfIPT OR TNE SIITISFACTION PMER OFfIC1AllY ENDORSfD
OR CERiIF1E~) SMAII SE PIACED IN TME HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd i~ 1M ~wnt thN My tMnof b no1
~e,~i. ~a~ sf~ed and di~ch~rp~d w;d MpRTGAGEE nuy at ~ny tim~ pay th~ ~am~ or ~ey p~rt th~rwf without waivinp or ~H~ctirq u~y option. I(~, puih or
•~~h~ unde~ w by vinw of this morrqp~ ~nd rh~ fvl! smovnt oi e~ch ~nd ~rsry s~,ch payrr»nt ahdl b~ imrn~d~aqly dw ~nd p~yabb ~nd ~II b~w Int~ra+
~~er+. rl» d~q tMreo~ until paid ~t aq of n'u» p~r c~~tvm p~r ~nnvm ~nd fop~~hN w~th ~vch mtern~ ~MII b~ secur~d by th~ li~n o{ th;~ morptp~. 4