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• TN15 IhDENTURE. h5ado the_ C)tt1 d~y of Diay --T_._~_--- A.R. 19.?, , bat~veen .
~ _ _rlichael__.1. Cannon^t~n~~.__Constance _1~~. _Carinc~nL ~his_~yi fe__
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of ~`~St. ~+UC1@ Cou~ry FloriJa, hera~na(rer dcs~y:~:+r:l os the "t.iOR1G~IGOR." ar,d FIRST FEOERAC SA41~1GS AND IUAN ~
ASSOCIATION OF FORi PIERCE, a to:poral:on organized and existing undar Ihe laxs of the United Statoi of Amarica bnd having its p~i~cipal place c`f .
bvsiness in the City of Fort Pierce, St. lucie County, fiwicta, hereirahar desi3nated as ihe "h102TGAGEE:'
WHEREAS Ihe A!URiGAGOR is jus~ly indeUted ta the A50RTGnGEE in tha 4~n~ ot 37 ! aU~ , gooJ and law(ul mone~ of the Un;ted
States advanced by ~ha h~t~RTGAGEE unto the lACi:fGAGUk, as etiidented by a c~rta,r, promissory not~ oi cven datc herewit'i, oi which Iha (oilowing i~
words ~nd fi ures i~ a truo copy, to ~•:it:
~37 , 80(3~. 00 Na 11000311 -
Eort Piert~, flo~ida, r1~_~_ 6_3~_ ~ _19?~_
For va!ve raceivc.~, 1, o.r ~ither.of us, prcmisc to a without de(akaliun, ~o th~ ord~r of FIRST fEQERAI SAVI ~AND LOAN ASSOCIATION !~F
` FORT PIERCE at Fc~t P;a~c~~. Flori,ia, thr au,~~ ut 5__37 ~ 8~~ ~tF~ ;nterrsl froan date at Ihc rat~• of _~~~,o pei an~um, in monthly i~stall-
mrnts as fol'o,:s: S_ 311 . On _ un thc _~Qttlday af `JUn~~ 19 7S :ind a•lika sum on the correspondirg day of eath moMh there- ;
- afier until 1}~e ~vfio!.: be fu!ly ~~a~d. , _ • ~
Each install~nr~:t firs! sh311 b~ aF~p!~~~d in p~yment of tha intere3l and lhen un the u~~paid balance of the prinr•pa) sum. If default is ma3e in the 2
payment of any in~tal!ment v„hen d~~a, and sucF. d_fa~;ir cont~nues 30 days, Ihen a1 thc apt;on o( the holcicr, and v~iNiout any other notice, all the remaining ~
instaltr,;,;nts shall be due ~l:d j ab'.a at oncr. Prfv~le~ a~s ~~en to re a thia ~ote in who!e or in art at an Gmz witheut en~lt Neither forebearznca, '
PY 3 9 P aY P Y P Y• ~
_ nor accepl~r.ce by tFe t,otder ti~_reof after anr dc•fauit i~ any payrnen~s hereon, stiall 6e deemed extension. A late payn:ent charge of ~y 1 S. 55 shall be ~
ad:i~~d to eacti in;ta~G~;ent rert-~eir~ing unna:d 7 days after its du•. date, and a lil.e s~m shalf wr }ddad to each suth instal:m~nt rerraining ~npaid 7 days afler ~
each s~~tcecding E;ay~r.:~,it d~~e.
~ Each maker; surety and rndorser he~rof, joirlly ard s_ve:ally, H~aives demand, presentment protest and r,otice of protest far nonpaymenl, and further ~
~ agre~s to any extensfon of ~~~~:r oi paymenf, en~er uef~r~ or after n,aturity, ~vithout ner.ce to any of us; and to ~~ay all costs of collection, includ;ng a
reasonabla attomcy"s fee ~n. the evetit of an~ dcfau~t here~ndcr, and herehy severa`:i~ waives all benefit of honiestead and exemption under Ihe eonstitution '
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end la.tis ui eath Stotc of ~iie U~~ited ~tates, as +~sn:st tiu; obliy3tion or anp axtinsion cr ren.~va! hereof.
Ylitness the han;! and sezi of ca~:h ~:arr;: • -
~ ~ , S/ Dfichael J..~annon ~sEA~~
i ~ - , . ~ _ - (SEAL) _
- ons ance . annon
- ISEAI)
$ S 6 . '70 . _ - tseA~~
~ ( ~ 5iate Revenue .
{Y?]Qs7~DCafibfiiRG~r]Q?63~gC~LX~2@Zj • - •
` 37 800.00
~ NO'N, TNEREFORE, ttie ASORTGAGOR for thc pvr~ose of seruring payment of said sum of S ~ and the performance of fhe
~ covenants and ag~ee~unts hereina(ter expressed, and for d~vers ycwd and va~uable ccns;d~~rations, by these presents, dces giant, bargain; sell, remise,
' = release, convey ar,d confirm unto the /.10RTG~GEf, its succassors and ass~grs, a:' that certain lot, piece or partet of land, situate, lying, and being in the j
E County of _-~St. I-uClE3_^__ , and State of Florida, described as follows: -
Lot 10 E31ock 149, L~1KE1a00D PARK UNIT mll, as per Plat- thereaf on -
~ file in Plat Book 11, Page 32A, accordin~g to the Public Records of St.
~ Lucie County, Florida. -
- - / 30 / ~ ~ 3 ' o~? 79 -o o ~~,sJ
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~v ;
~ - _ - RECElYEp j~__ - _ i
DUE ON CU4SS IN PAYMENT OF TAXES {
. 'C' INTAIVGIBlE PERSpi:.~~ pcp?ERIY,
p~RSt1ANT TO Gf{qFr.R 71-134:-ACiS (~F 19/l. - - }
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- 4,~ DOC.UI~"~CTIT14RYi"= 511~;~1i' ilz X ~ "
- - Z~' 1;~!'I.'~F i:~Y~f1JE".~ :~:~<,tF - "
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_ •`r*i . M P&. ~i.l' ~ f ~ ~i! ~ V. / ~ ~ " _ . _
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together w~th aI! and singular t~s tenemems, he~ed~~aments and appurtances iF.ereunto belonging or in anyvrise appertaining thereta, and ali rents, issues,
• proceeds and profits accruiny and 1o arcrue from said premises, atl of which are induded in the above and fotegoing desviplion a~d habendum.
TO HAVE A TO.HOlU the abeve desccebed and granted premises unto fhe said MORTGAGEE, its successors and assigns forever. And tFe said
~R50Rj~~Qf~ {oar~~~~ll------ heirs, execut~rs, ada~inistrators and assigns, hereby covenants with the~said MORTGhGEf,_its svccessora and astignt, - i
- that -----Y iawf~lly seized of the said prem~se: i fee, simp'e; that the same are free, dear. and discharged from all iiens and sncurer ~
~ brances in la,v or in equiry, and th~r th~ywill and t~ei r he;;s sha~l warrant and defend the litla to the same to the said
1AORTGi.GEE, its ;uccesso:s and au~gns, fcrever against the la:afu) daims anc~ deneands of ali persons; -
PROVIOED, Ail1AY5 ~that if the h10RTGAGOR shbll pay unto the MORTvAGfE tha promissory note hereinbefore destribed and shali truly, promptly
and fuily perform, d~scharne, exe:ute, comp!ete, c~mpfy with and abide by cach an~ every the stipulaticns, agreements, conditions and covenants of aaid
promEssory note and of ~h7s l.~crtgage, then this k~ortgage and the Estate hereby created ;hall cease and be nuil and void. ~
li IS Ui~DERSTCOa that the wo:d "Mortgagor" whelher in the s?ngular or ~lural anywfiere in this Mortgage, ~hall be singulat ~f one only and
shali be plura( jo:ntly and severally if more tha:~ one, and thal ~ke werd "their'' as use~ anywhere in th:t Mortgage shall be takert to mean "his;' "hers;' ~
or "its;' •r,herever the conte~cl so implies or admits. Also, that wherever.there is a reference i~ the cove~ants and agreements herein conlained to any of -G~
the parties hereto, the same shall be cor.strued +o m?a~ as well as the heirs, legal representative;, successors and assigns (eithet ioluMary by acT of the ~
. parties or iivo!untary by operation of the law) of the same and that ~he covenants herein contained shall bind and the bentfits and advantagts inuro
_ to the respective hei~s, legal tepresentatives, successors and asrgns of the parties hereto. - ~
And said N,ortgagors, for themselves and the~r hein, legal representatives, successors and assigns, he:eby joi~tly and severally covenant and rgree ~ ~
" to and wifh ihe said RAORTGAGEE, its successors and assigns: • : _ _ ~
~ 1: To pay all and singular the principal and interest and the various and sundry wms of money payable by virtue of said promissory note, and thii c~-~ ~
- . mott9rge, each and every, promptly on the days respec*ively the same severally become due.
2. To pay atI and singu!ar the taxes, as~es~ments, levies, lirbilit~es, obl;gations and ent~mbrances of every nature and kind now on said dexribed ~
property, or lhat hereafter may be impoud, suffered, placed, ~evied, or assessed thereor~, or lhat hareaiter may be tevied or assessed vpon this t~lortg- w
_ age, or the indebted~ess secured here6y, each and every, when due and payable, according !o law, before they become ~elinquenl, and befoie any interesl W ~
attzches or any panalty is incvrred; ANU INSOFAq AS ANY THEREOF 15 QF RECORD TH: -SAME SHALI BE PROMPTIY SATISf1E0 AND DISCHARGED OF ~
RECORD At~D THE URtGthAl OFfICIAI DOCUh'kNT (SOCH A5, FJR IN5TAhCE, THE TAX RECEiPT OR TIIE SATISFACTION PAPER OfFIC1AllY ENDORSED
OR CfRTIFIED) SH1SlL BE PLACED 1~~ THE HANpS Of SAID MORTGAGEE WITHIN TEN OAYS N'cXT AFTER PAYAtiENT; and 'sn the evenl that any thereof is not ~
` psid, sat"sfied and d~scha+ged sa'd 1.~O~iGAGEE ma~ at any r;me pay the same or any part th~reof without wriving or atfecting any option, lien, eyvity or
? •iqht ~nder or by virtue o! this mortgage and the fufl amouns of eath and every such pay.nent shal! be immediate:y due ar.d payable and shall bear interest
_ kam the date thereof untii paid at rate of n:ne per crnlum per annum and together with such irterest shal) be secvred by the tien of t!~"s morgtage.