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THlS If~IDfN?URE. M+de th~ 16th ~y ~ ~~~~er ~ /?,p. 19
~ be~vr~
R-CAN HO1~S, INC., a Florada Corcoratio~n ~ ~
St. 4
of LUCI.@ ~~~y Fto~;d~, h~~uyftM dnipn~t~d a ths "MORTGAGOR,° and fIRST fEDERAI SAVINGS ANp IOAN ~
I?SSOCIA?ION OF fpRi PIER~E. ~ corpaation orpaniz~d ~nd ~xiitinp ~N tl» (~ws ot tM tMird 5~~~~s oi Amrrka and Fwvlr~p Ns p+Lxip~! plao~ of
bwM~w M th~ C11y af fat Pi~.a. St, lvci~ Co~my. Fiorida. ha~inaha dapnat~d tla "MORTGAGEE."
WNEREAS IF» MORTGAGOR is juitly k~d~W~d to th~ M,ORTGAGEE in 1M sum oi j 31,000.~~ po~ I~wful mon~y oi th~ Un~t~d
St~NS ~dvannd by th~ /NpRK',AGEE unto th~ MORiGAGOR, a~ widnxed by • ce+~~in promissory ~o~e of ~vM dsr~ !»rwv~rh, of wh~ch th~ fdbwinQ M
worb «+d itauna N• nw oopy. to.wt~:
i 31, o00 . oo ~ a1-23~9910
Fon P3s~ce. Fio.~d.. December 16. 19__j7
Fa v+lw rec~ired, 1. we, a•~fhor of us, promiae to y, wifhout ~defalcatiw~, to ths order of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION
OF FQRf PIERCE at Fon Pierce, flw' the wm of ~ ~
~y ~ • with intaest from d~te +t the ~~te oi 5 9b per ~nnum, in
monthly ins~allrn~n~s as fdlows: = L49.63 ths 10~h day of Februsry _ 19 78 ~nd • like svm on
rh~ corr~spa~dinp d~y of each monM thcreaftN unti! the wholt be futly p~id. t
Each in~tallmem iint shall be ~ppGed in paymeM of tAe int~riu and then on 1M unpaid b~lance of tM principal wm. If detauh is m+de ~
in ~Ir payment of any irutaliment when due, and such d~fauh continwt 30 dayf. ~Mn af tl+~ optiw~ of the hotder, and without any otMr ~otic~,
sll tM remaininp irntallmentl shall be due and psyaWe +t once. Privite~ is piva~ eo prepay thii aqre in whol~ p in p~rt at ~ny time withoul
pen~lty. N*ither forbea~anc~, nw ~coepta~ce by ehe hotd~r rl~ereof ~fIN any dtf~ulf i~ anY paYment hereon. >hall bs de~rosd extention. A late
peym~nt clwry~ of = 12.48 ahall be asseued ths 26th day of tM month, if •~pulu busi~?eu da . w. if nw a r
Y epulx busin~ day.
~hen the ~exf b~ainea~ day. on each monrhly insaUmem not NNn nc~iv~d. -
i
Esch make~. wr~ty and endorser F~ereof, joinlly ind severatly. w+ive~ demand. prasentment' prot~r and notite of p~otest fw ranp+ymer+t, snd '
fu.fhe? aprees !o any extension of time d p~yment, eifhc~ befon or ~fla maw~i~y, withoul ratic~ to any of ~s; and to pay all co~ts of cdlection,
including a~casw~abk ananey's fer in the evenl of any defsuit he~eurtda, and her~by sewrally waives ~11 benefit of t~ornestead ~nd exemptron w+de~
the aonititution snd laws oF tach Srate ot ehs Ur~ited Sares, as syainst this oblgation w any exqnsan o~ ra+~wal Mreoi.
- R-Cam Homes, Inc., a Florida Corporation '
gy; s/Robert C. Amann ~i~
President
, Stare docwncntary ~tampi ~n rhe amounr (SEAI)
of s 46_SO , . ATTEST:_ s Marie ~.~ann
efiixed m rn. mo~,~. ~,,.d },...~,r. , Secretary-Treasurer ~f
Now. THEREfORE, tM MORTGAGOR fw the 31, 000 .00 of ~
pu.pose cf tecv.i~g arnsnt of ..id svm ct s
coven~nls and p~~en~ents hsreinaft~r e:preued. and fw dvsrs yood ud wlwbl~ coe~id~ratiwq, by tFN~ pr~sany, dp~s pr~nt, bary~in, s~ll, nmis~,
relea~r, conwy ~d conf'um unto the MORTGAGEE, its suocesson and aui~ns, dl that certaio lot, piea or parcel of Isnd, sitwte. lYiry, and b~iny in t!w ~
~W~ ~ St. LUC1E ~ Sta» of Fbrid~, desoribed folbw~: i
~
Lot 1, Block 83, South Port St. Lucie Unit 5, according to the plat thereof
on file in Plat Book 14, page 12, public. records of ST .Lucie County, Florida.
By agreement of Mortgagor and~Piortgagee on file with Mortgagee, the vithin
mortgage secures not oaly an existing indebtedness, but also ADVANCES to be
HEREAFTER made by Mortgagee to Hortgagor the aggregate of tahich will equal
the principal su~ount specified in the promissory note secured hereby.
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; ~ - ~ 4 ~ _ ~ ~ ~ 4 S. ~`5 ~ ; RECElYEO f y ~ iN PAY!lEliT OF TAXEa ~
- " ~ DUE ON GUtSS 'C INTAN6'SLE P~RSONItI PftQ?EJC?Y~
~ PWtSUANi TO t HaPT~~t ~t-".:.4. ACTS OF 1871. ' n
R96fR P~fTiJIS /~tv ~
. ~ CL~tK q2CUiT COURT, ST. Wi~IE CO., FU.
rogerher witl~ aIl ind sirqular tM te~emen». hered~tarMnts ~nd ~ppurtanas ther~uMO btlapinp oi in anywiw ~pp~rtaininp ths?~fo, and dl nMS, fuu~a,
pr(~Ceedf and profits aoauing and to accnie from said p?emaes, all of whid~ ~re included in th~ ~bov~ u~d forpoirp description a~d l~abee~dwn,
TO HAVE ANO TO HOLD the sbow detcribed ~nd yranted premises unto ths said MORTGAGEE, ita waessors and asstpiu for~vK. Md th~ pid £
MORTGAGOR for ICS }~;n. ~xrcvtors, adminisrnron u~d ~uip% her~by toven~n~s with tFw said MOR?GAGEE, its tuaeyws and assipry.
,~a~ It l~~ully seaed of the said prem~ks in fee s'rnpl~; th~t tF+~ sam~ art f~~e, cleu and disch~r9ed from al) li~ro ~nd enewrf
b-ances ~n I+w or in eq~iq. and tAat It will and ItS hein shall wur~m and d~fered tM titl~ ro the.am~ to tM said
htoRiGAGEE, fa succeuas ~nd aui~ro, forwer ayainst tF~e lawful claims and d~mands o# ~11 pe.ip»;
PROVIDED. AlWAYS that if the MORTGAGOR ihall pay vnto the N{ORTGAGEE th~ promisswy notf her~inb~fore describ~d and ~hall trvty, p?omplly
e,d f~IIY P~rforrn, d~xh~~, taeane, compl~tt, comP~Y with and abidt by each N+d ewry th~ stipvlations. +praeman». tonditioro and oov~n~nb of said
promisaory not~ and of this 4Awt9pe, t}ye this µortga~e ard thc Estat~ her~by a~at~d sh~ll «a~e ~nd b~ nvll and void.
IT IS UtiDERST00~ that the word "Mort9~r" whether in tlw s~nyulu a plunt a~ywMre in this Mwtsap~, ahafl b~ sinpular if ont only Md
sha11 be plwa! jointly and sw~rafly N mor~ than on~, and tl?~t the wad "their" a~ ~ned snywh~n a~ tFwa Mlorty~ sh~ll b~ taken to nwan "his,•• •'h~n,•, d
••~ts:' wherwer tlw context to implies w admits. Also, tMt wherewr there is a nfNenoe in tFie covtn~nn and agr~ement~ hK~i~ ooMainsd Tp any ~ ~
rhe p~?t~es herero, d+e s+rn~ shall be consrn,cd w me.n ~s;.veA n tlw he'u~. leqal represc+~~arires, successors and assipro (sttMr volum.ry by act ot tF~ ~
panies oi invowntary by op~ration of the law) of fhe saine and that th~ covenann herein conbined ~11 bind u~d tM beMfits and advantapes ir~w~
ro the resp~ttiw Mat. Ipsl repressmatiws, svccessw~ ~nd ~u~ym pf tM partiu f~e~eto.
Md saW Mortypon, for tirormelws and N+e'v Min, Ipal rp.e~en~a~irra, sircc~uws a~d ~ttignr, hK~by jointly and sewrally cov~en+nr a+d a~~e
to .nd with rM wid MORTGAGfE, in sucussors end assipns: ~
1. To p~y all and sinpular M» principal ~nd imerest and th~ vuious ~nd w~dry wms of
mortyay~, eKh and ~wry. D?anPth on th~ days rsspectively th~ sarn~ sewrally lxcar+~ dvt. ~Y P+Y~ble by virtve of s~id promiuory nott. and tFrs
2. To phr ~fl ~nd siigulu the uxes, assts~nents, twies, liabilities, oblpatiora ~nd tncumbr~e~us of twry nahxt and kM+d now o~ sald dacr~d
prop~„p, a tfiat ix~afar ~y b~ impoqd, svHad. P~Ked. Iwied, or a+s~swd ~twnon, w tMt Mreaft~r rrwy b~ Iwied a aaNSad upon tl~ Morq.
age, u tM ind~bqdnas sacw~d hKeby. ~ach ~nd ~w~y, when dw and p~yabl~, accadinp to law, b~for~ Nwy becan~ d~(inqwm, and btfon any int~ns~
a!tachs~ p arty ptn~lry b intwied; AMp lNSOFAR AS ANY iHEREOf IS OF RKORD TNE SAME SHAII Sf PROINPTLY SATISf1E0 AND DISCHARGf~ OF
RECORD ANp THE ORIGINAI OFFICIAt pOCUAAENT (SUCH AS, fOR INSTANCE, TNE TAX RKEIVT OR TME SATISfACT10N PAPER OFi1C1AUY ENDORSEp ~
OR CERTIf1ED) SHAII !f PLACEO IN THE HAN~S Of SAI~ MORTGAGfE WITHIN TfN DAYS NfX1 AFTER PAYAAfMT; and in tht av~nt that ~ny Nwreof i~ no~
pa~d, sar:sfi~d ard dixha.y~d ~a:d MORTGAGEE may ar any t~ne p~y ttM sanr o~ any pan th~reof witl,o~t waivi~p w affeainp ~M opt;on. I;~n, pu;ty or ~
•~qhr vnd~r o~ by v;rtw of this mo~tyape ~nd tht full anavnt of each ~nd ~veryr s~ch p~yment ahal( be immedi~ttly due and pay~bl~ ~nd shali b~sr interesf
t,..... d.. d.e ~6.~~„{ ,.n~:l .,.:e1 ~r .~b nf n:ti di pN ~~m tOOefhN wiTh fu[h iMHesf fhall 6~ ucw«~ 6v ei.~ 1:... ..i *1.•.