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?MIS 11~ENTURE. IWd~ Ni~ 3rd ~Y of .1uly A.D. 19~~ b~tv+Nn
PHEONIX ENGINEERING SEItVICES CORP A Florida Gor~oratian
of SC . Lucie , CqM~y F~pid~, h~r~inafiM dtafqn~f~d a~ tM "MORTGAGOR." ~nd FIRST FEOERAI SAVINGS ANO IOAN
ASSOCIATION OF fORT ?IERCE, ~ owpw~tion orp~~ised ~nd ~xis~i.q und~r tM I~wn of tM Un~red Sa~~s of Am~rk~ ~nd Mvtnp it~ prtncipal pl~ of
bus~naa in tl» Gty o1 foA fiwo~, 51. luci~ Cov~ty~ FIWI~. Mf~IMftM df{~QMI~ aa tM "MORiGAGEE." ~ ~
WMERf/11 tM MORTGJ?GOR 1~ ~tly ind~br~d b tlw MORTGAGEE M tM sum of ~_.3.L,Snn _ nn . ~,oa ~nd I~wful mon~y of t1w 1h~iNd
Sret~i ~dwnc~d by tM MORTGAGEE u~to tM MORTGAGOR, a wid~nc~d by ~ urt~in prom~~s«y non of ev~n d~q Mr~with, of whith tM lalbwi~ In
word~ ~nd igurN i~ • trw aopy, lowit:
~31,500.00 No 01-2303326'
Fa t Vierce, r londa, JU l y 3 19 ' g
fw v~lw r~teiv~d. w~, o~ •iM~r ot us, ptomis~ to pay, wi~hout det~lcation. to tM wde~ oi FIRST FEDERAI 511VINGS AN~ LOAN ASSOCIA1tON
oF cORT PIERCE ~t fon P~c~, Flwida, tM ~wn of i_31 ~OQ.~O _ w~rh iNeresl from dat~ th~ r~t~ of _ 9•~ 5 % Wr ~mum, in
-.~oroAly inst~llm~m~ n follows: 3 333 ~ on the 10~h day of AuguS[ 19 78 w~d ~ lik~ wm on
rhe co~~espondiny d~y of each naMh tMr~~ft~r until ti+e wAol~ be fully paid
E~ch installm~m (int sMll b~ ~ppli~d in paymenl of the intere~f ~nd thtn on the unpaid bal~nce of tM principal swn. li d~faul~ i~ made
~he paYment of any inat~Um~nt when dw. snd such d~huh continuef ~O d~ys. th~n at ~he opt~on oi th~ hold~r, ~nd without •ny otMr notice.
nu the remaini~ imt~Ilm~ois shait 6~ ~ src~ payab:e ae orsca Privil~yt is 9iven to prep+Y ~A~s nots in whol~ w in paA ~t ~ny lim~ without
ae~alty. NeitM~ fab~u~nu. ~o? acuPtance by fhe hold~? tM~~o( ~ftu ~ny d~f~ult in anY peyment htr~on. sh~ll b~ de~med •st~n~~on. A lat~
paymcnt cMrye of = 16.68 shall be assesied tM 2Mh d~y of th~ month, if • regutar bwintu d~y, w, if nof •~pu1M busineu day.
ihe~~ ihe ~+eYt bus~n~u day. on ~~ch mo~thly initallmsn~ not tF~ nceiv~d.
Each makcr, wnty and ~ndort~? herwf, joinriy ~~d sewraAy. w+ives demand, p~csentment protcft a~d no~~u of p~ote~t fw +y~ i•~nd
•g+er, eny sx~~nsan of tin~ of ~~mant. eifM+ befw~ o~ aft~~ marur~ty. wirlw~t nor~ce ~o any of w: ~nd to pay all aQ~t~~~
oM_~oll~ttio~,
,nduding a reawn~ble anomey's f~~ in tM w~m of ~ny d~f~uh hereunder, u+d hereby uver~lly w~ivea ali btn~fit of i~om~sttad M1d u~rt~ptiOn,vri~li~,,r~
rhe mnsti~ut'wn and I~ws of ~ach St~te of tM Unit~d S~at~i, ~s pa~~~f thi~ obliy~tion o~ a~y eue++sion w ren~w~l Mr~of.
•:7••:. . • `
PHEOP7IX HEERI.' E ES COR
~-s~....< < , lLu.<:. • .
BY : s ~kenne J. Re a ~i~
~ Psident ; ~ " ~ = ~
E~.:'.Su :
S~are dxumenury ~tamps in tl+~ ~nwuM ~ ~ r~~~~ -
of j--1Lj ')S i~f r~ r"~'.
ars;~~ ~o Ncvr~d Mnby. . _
NpW, 1HEREiORE, ~M MORTGAGOR fw the purpos~ of secvrinp payment of sa~d sum oi : • ~nd tFw p~for~s~p~ ~t
coven~nn ~nd paenwntr hueimfNr ~xpreawd. ~nd fa d~rers pood v~lwbk considerat+ons, by' thtw prts~nts. do~~ 9r~nt, b~rp~M,` qll}-1wr{i~%
releas~, to~wy +nd oonfirm unro th~ MORTGAGEE, it~ ~uccesson u~d •uyns, t11 +ha~ ceruin l04 piec~ w parul of I~nd, situ+», IYkp, ~nd birg M tM
`Wn~ ~ St . Lucie ~nd St~tt of Flwid+, dewib~d fdbwa:
Lot 9 and the West 7.5 feet of vacated alley adjoining east line of said Lot 9, Block
I), BOULEVARD DEVELOPr~NT CO'S SUBDIVISI02~, according to the plat thereof on file in
Plat Book 2, page 11, public records of St. lucie County, Florida.
By agreement of ~iort~agor and Mortgagee on file with ttortgagee, the within mortgage
secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by
:tortgagee to ;tortgagor the aggregate of which will equal the principal amount
specified in the promissory note secured hereby.
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~ - _ ~ - MOMr'ed ~ ' ~ ~ M Payment Oi Texes
~ ~ On Cls~s "C' MtarqlbN Personal Prop~ch.
K hr~wr~t Ta Ch~p~r 71.134. Aas Ot 197t.
~ IIOGEA POfTRAS ~
~ CNrk C~rr.ult Oeurt, St. L~ud~. Co.. Fl~: .
~
A ~x~erher with •II ~nd dnqul~r tM temm~nts. M~~diam~nts ~nd ~ppun~nccs therwnro belwginy a in ~nywis~ ~pp~rt~i+~inp N~a~to. ~~d all ?~nts, iuw~,
~ c~ccecds ~nd profin acwirq N+d to ~ccrw trom said pnmisa, ~II of which ue ~ncluded in ~M abov~ aod forpoinp dNCription N+d Mb~ndwn.
~ TO HAVE AND TO MOID tM ~bo~n drwib~d and p~M+t~d pr~mi~ unto tM ~ald MORTGAGEE, in sucut~on ~nd ~a1pr~ fonwr• Md tht wfd
x :,RTGAGOR fw ItS ~x~~. ~minatntw~ ~nd •aiym, i+~nby cown~nn with the uW MORTGAGEE. its a+aMwn ad atfp~r.
~ ,'^a~ It IS I~wfully qis~d of tFr aid pr~mup in fN simplr, th~t tM san:e u~ frN, de~r ~nd di~chup~d from all INrM w~d N+cum~
~ ~~e~ces in I~w a in puity, a+d tha+ T t ~II T t S Min aMll wur~nt aed d~f~rd th~ tttl~ to 1F» wn» tQ thi s~W
~ v,ORiGAGEE, ib suca~wn ~nd aNpm, for~ ~yafnat th~ bwf~l claim~ and dem~nd~ of ~11 pKSOrr:
~ PROYIDED. ALWAYS rhn H ~M MORTGAGOR sl»II p~y vnro rh~ MORTGAGEE rh~ promisswr nw• Fwr.ir~fon dMCrlb~d ~nd ~MII fruly, pranpth
a~d fulfy pMfwm, d~rp~. ~s~eut~, eompbt~, eomply wi~h ~nd ab~d~ by ~~ef~ u+d w~ry th~ aipvlariorr, pn~m~nn, oondhfoer and oav~nann of said
;:rOmif~OfY not~ and of thA Mortpap~, tMn Mk Mortpp~ ~nd tM Estat~ her~by vMt~d ~h+ll aa~ and b~ null ~nd voW.
IT IS UNDERSTO00 th~t tM wad "Mortypw" wh~tMr in tM tinyvlar a plwd ~nywFw~ In tha Nlortp~. ~II b~ slnpulK If on~ only u+d
~ ~~~II b~ plw~l 'pintly u~d wv~rdly If mon th~n on~. ~nd tf+ar rhs word "their" •a w.d ~nywf~.n tn rh~s Mo.~yap. ~h.ll b. ~~k~n ro m~.n "hb." •'h~n•.
;f o• '~~r~:' wM.~wr Nw cont~xt w Mv?Iln or ~dmfn. Ala, that wi~~wr then b• r~f~r~nc~ in tM cownanf~ ~nd prMnwnt~ F~dn oontaimd ro~ny of CC
rhe p~n~s Mr~ro, t!w wn~ ~h+ll b~ ooertrwd a mr~n a vwll a tM h~in. Ipd npr~sa+t~tivH. sua~uon Md asafpn~ (~NhN vol~ntwy bp ~et of tl»
, a,+~~s or involvnt~ry by opa~tion o1 tM law) of ti» ~an~ ~nd tMt ~h• cov.n.nn her•in com•in.d ~h.lt bind ~ed tM b~r~fi» ud dvantpN Inw~
; t?+~ nsp~c~iw F»in. Ipal rp?~t~tiw~, wocaaors ~nd aa~yro of th~ putip Iwnto. ~
~ Md utd AAapapa~, for tlnnwlw~ and tFwM Mln, Ipal r~a~nt~tira, suae~wn ~nd ~uipns, Mnby joindy ~nd wwrdly ocv~n~nt ~nd prw
•o ~nd with tM aid 1MORTGAGEE, i» sutt~a~on ~nd ~upro:
~ 1. To p~y ~II ~ed sMpular N+~ plnelpal and IM~~at ~nd th~ vKio~n ~nd ~undry ~um~ of ~na»r WY~bI~ by vi~tw of s~id promiuar noM. ~nd thM ~
~o.~qp~, ~et? wid ~wey. Oranpthr on N~ d~yr rMp~etiwl~r th~ s+nw wv~ally b~ea~r dw.
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ft~ 2. To p~y dl ~nd Wprbr 11w ta+~M, w~nw~M, bvfM„ NaWIMi», oblip~tions ~nd ~ncwnbrM+cM oi ~wry n~h,r~ ~nd kM~d now on sNd d~d
~ c.~ov~rtp. w tMt hKwit~r nwY b~ Ynpo~l, wff~nd. P~~e~d. Iwbd, a~ww~d tMna+, or tFw~ h~r~~ftK en~y b~ IwNd a M~~~d upon thk MortP N
~ :9~, w tM k~d~bt~deww wt~nd hn~by. ~ah ~nd ~w?y. wMn dw and p~y~bb. ~eeadlnp ro Iaw, b~fon tMr b~eom~ d~llnqwr?t, ~nd b~(on any InlM~st ~
~ e~reches or any p~ndty i~ Intwi~di /1ND INSOfAR /1S ANY THEREOF IS Of RKORD THE SAME SHALL 6E PR01111PTLY SATISFIEG AND DISCHARGED OF
; cECORD AND THE ORIGINAI OffIC1Al DOCUMENT (Sl1CM AS, fOR INSTANCE, THE TAX RE~EIP1 OR THE SATISFACTION ?A?ER OfflCtAllY ENDORSED
- ^R CERTtf1E0) SHAII 6E PIACED IN TME HANDS Oi SAIp MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; ~nd i~ tM ~v~nt tMt ~nr tMnof U not
~ ;;a d. ~~?.~fied and di~d?ap~d Nid MORTGAGEE may ~t ~ey tiern pay tM sarn~ a~ny p~rt the~~oi witAout w~ivinp a~ff~ttinp any option. IIM, puity or
~ ~ ~n~ ~nd~? a by vNtw of this mo?~~p~ and tM fvll ano~nt of •~ch ~nd ~very wch paym~nt ~h~tl b~ imm~diaqly dw ~nd p~ysbb ~nd ~MII b~u MtKa~
' '-cT rhe dN~ ~Mreof until p~id ~t nt~ of nin~ p~r t~ntwn pp ~nnum ~~d top~tl~ with wth MINNt ~MII bf ptvr~d by fM Ibn ot thi~ n~wptp~.
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