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TNI: IN~:NiURE. 1.1~dr ihe_ 9th_ _ ds~ of --~~y------ A.D. 19_ 75, between !
~ . ~ Robext L. Sm3.th and ~ia,t~ldaYP.:_~m fh,. h3s -y----~ _ ;
of _ S~e.a~~5ii.~_~__~, County Florid~, hc~cin'dtter des~~~~ated as the "MORTGAGOR," anu FIRCT fEOERAI SAVINGS AND 104N
ASSOCIAi:ON OF FOR( PIERCE, a co~porat~on o~ganiied and•existing under the Jiwt qf• the United Stat~s Of Americe end havin~ its principel pla<e of
businass In the City of Fort Aierce, St. luc~e ~ounty, Floride, h~reinaf~er drsignaeed as the "MUkTGAGEE:' ~
WHEREAS the h10RTGAGOR is justly in~ebtrd to tha AIORTGAGEE ir. C~r sum o( S- 27--t 6~~ , 9ood and law(ul mo+~ey ot the Unlted ~
Srates ad~•anced by th~ 1.10RTGAGEE u~vo tha •'t!OR~GAGUR, as evidenced by a cer~a~n pro;n~ssoty note of c~r~~ data herewilh, oi wh::h tho (ollowinc~ in
words and (igures is a Irue copy, to,viL• {
~,29,600.00 No_ 10021336 ~
Y i 9 '
~ - - F~rt Pierce, F?ortda, ~ 9
For vatuc received. I, ~ve or either of us, prom~se to pay. ~v~theut de(a!ci~~on, io the arder of FICSi FFDERAI SAViNGS AND IOAN ASSOCIATION OF ~
FURT PIEfCE al Fort P~erce, Ftorida, the suin oi f~~~.6QQ?QQ__~~~. v.~t~~ int~•rest trorn dai~ at the rate of 8~75u per annum, in monlhly inslall-
neents as lollovr,: 5227!~~---. on ttie?Otr _ Jay of ____`j~Q 19. 75_ and a like xum on ihe corresponding day of each month there-
after vntil 1he ~~.h0'~ be iuily paiCi. -
i fach ins+allmeni first shall be app~ied in payment of tn± intcrest and th,n on the unpaid balancc ~f ~he prindpal sum. If dzfault is mada in the
_ payment of any insta~lmem ~vhen dua, and su;h d=faulr con~~nues 30 days. ~hen at tfie optlon of the holdcr, ~nd ~vithout any other notice, atl the remaining
~ instaNments sfiafl ba dve ~nd payabSc at once. Privi~age is given to prepay this note in whole or in part at any time without penalty. Neither forebearante, _
no~ acceplance by the holder thereof ahrr any d~~(aul~ in .any pay.^.~enti hereo~, shal+ be deemed extensicn. A late paymeM tharqe ef S 11 ~ 3~, shell be
add_d to each ins~~Iiment ~cmairing unpa;d 7 days aiter its due date, and a!:i.e au~~~~shall be added ro each such instaltment remaining unpaid 7 dayi after
~ eatl± iut~rrJing payment d~ta. _ • '
Each ntaker, wrefy and end~rse: hereol, jointly and se~erally, warves damand, presentment protest and notice of protest for nonpnymer.t, and furtht•
~ agrees to any extens~on ot 1in~a of'payme~t, e;thcr ttifore or after ,natur~ty, w~shout r.ot~ce ro any of ~s; and to pay all cosls of toltection, includ~eg a•
reasonab!e attcmey's fee the event oF am~ oafau't herevnder, and Frereby severally ~.vc~ves afi benefit of homestead and exemplion under the constitution . -
~ and laws o! each Srile oF tlsc United 5tates, as aga~~-t this ob~~gation or any ext_ns:o~i or renrwcl hereof. .
~ ~Y~tness the ha~d and seat of fdCFl ~3ff•J. crs •
s/Robert L. ~~a~ (SEAt)
' tSEai)
. ~ - c/Ma t i i da - P. SII1 t~l (SEAI)
- $41 40 . . . tsEA~~
• State Revenve -
(Stara~s~w~e~io~i.ow.s+ig'sa~L~cir) - ` _
NO:Y, THEREF~RE, the MORTGAGOR for ths purpose oi sec~ring paymenf of sa~d sum of 3 27 ~ 6~~ O0 , nnd the performance af the
~ tovenants and agre_ments hereinai!et expressed, and (or divers good and valuablt cons~derations, by fh?se presents, does grsnt, bargai~; sell, reR~se,
; retease, convey and confirm umo the A10RTGAGEE, its successo~s and assigns, aH thas certain lot, pie<e ot parcel of Innd, situate, (ying. and being in the -
' County of ~ St• I'uCie ~ and State of Florida, described as follows:
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` Lot 8, Block_162 ~ LAKBt~AOD PARK UNIT NO. 12, as per plat thereof on file
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in Plat eook 11, Pages 26A an~i 26B~ of the Public Records of St. Lucie
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~ County, ~'lorida~ 1.~'S~~~O/N-d/y.3-000~
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t together wi~h all and singuta~ the tenemenis, he:editamen!s and appur!ances thereunto belonging or in anywite appettaining thereto, and a!1 renta, issue~, ~
~ i'_ preceeds and profitz accruing and to acc:ue fram said ptemises, al! of which are included in the above and foregoing description and habendum. _
! s. TO HAVE AN~he~+~lD the abovz describe~ and granted prernises unto the said MORTGAGEE, its svccessors and ass:gns forever. And the aid
h10RTGAGOR (or heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its :~cceisors and assigru,
the are -
that - -y lawfully seized of the said prem~ses in f~e simple; tha! the same are free, clear and discharged from all liens arx! entvm-
brances Pn law or in equ~ty, and ~hat they W~~~ and the r heirs shall warrant and defend the tide to the same to the said
, :dORTGAGEE, its auccessors and assigns, forever against the lawful claims and demands of all perso~s; ~
PROVIDED, ALV/AYS thaf if :he MCRTGAGOR shaU pay unto the MORTGAGfE the promissory ~ate hereinbefore described and ihal) troly, promFtly
and fully perform, d;scharge, execute, complete, comply with -and ab~de by each and every the stipulatiors, agreements, conditions and covenants of said
promissory note and of th:s Alortgage, then this Mortgage and the Eslate hereby ueated shall tease and be nutl and void. `
IT IS UNDfRSTOOD that the word "Mc,rtgagor" whether in ihe singular or plvral anywhere in this Alortgage, lhall be singular if one onty and - ~
shali be plural jaiNly and severally if more than one, and that the word "the+t". as uaed any,where in this Mortgage sF~all bt taken to mean ':~is; "'hers;' A~ '
~ or "its;' wherever the contezt so impli>s w admits. Also, that wherever there is a roference tn the tovenants and agree.rents herein tontained to any of ~r~.[
= the parlies hereto, the sarye sliall be construed to mean as well as the heirs, legal tepresentatives, successors and assigns (either volunfary by act of tlx ~
i? parttes or involuntary by operation af she_ law) of the same and that 1he covenants heretn confained shail b~nd and the benefitf and advanfages fnure
to the respettive heirs, legal represeMat:ves, svtcessors and ass'gns of the parties hereto. - ~
F i ~ And :aid Mortgagors, for therr:selves and their heirs, legal representa:ives, successas and assi~ns, hereby jointly and seve~ally cev~nant and ~gree _
to and with the said MQRTGAGEE, its successors and asnignr. - ~
1. To pay all and singular thF principal artd interest and the various and wndry s~ms of money payable by virtue of said prcmiswry note, ansl this
martgage, each and every, promptty an the days respectivety the same severally become.dve.
f: 2. To pay all and singular the taxes, assessments, levies, liabilities, ob!igations and encumbronce: of every natvr~ and kind now ai said desttibed O~Q
r= praperty, or that hereafrer may be irr.posed, suffered, placed, levied, or asse:sed ~herron, or ~hal herea(ter may be levied w a~setsed ~pen this MortQ- - p~
~ nge, or the indebtedness secured hereby, eac}i and every, when due and payable, accord~ng to law, be(ore Ihey become delinquent, and before any inTerosl
= atteches or any penaity is incurred; AIVD II~SOfAR AS ANY THEREOF IS OF RELORD THE SAME 3HAll 8E PROMPTLY SATISFIED AND DISCHARGED Uf
RECORU AND THE ORIGIPIAL OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE iAX RECEIPi OR 1HE SAi15fACT10N PAPER OtFICIAIIY ENDORSED-
OR CERTIFIED) SHAtI BE PIACED IN THE NANDS OF 5AlD MORTGAGcE WITHIN TEN 17AYS NEXT AFTER PEiYMENT; and in fhe event that any thereof ii nol
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paid, sats(ied and discharged sa"d l.10RTGAGEE may a! any t~me pay the sar~ or any part thereo[ witQwvf waivin3 or affecting any option, lien,-aqvify or
~ ?iqht v~der or by virtue of this :nartgage and the fu11 amo~~nt of each and every such payment shall be immedi~tely d~e and payabte and shall beat intere3t
~ From the date thereof unli! Fa:d at rate of nine pe~ cenWm per annum and together with such interest shali be setured by the lien of th:s morgta9e. '
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