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THIS INDENTURE, Mado ihe__l~~~tl.. day of ___~la}l____.~ ` - - , A.D. '9_7~ , l~etwea:~ i
Thomas D. hinn and r~ncy_ Finn,This ~i~.s:_ _
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oF .~~i_~~~ Counly Flerida, hercin3fter desi~nsted as Ihe "htf?RTGAGOR." and fIRST FEGfR:I 5!\VINGS AND IQAN
~ ASSOCiATION OF FORT PIERtE, a corperation oryaniud and eYisti~~g~under the Ir.ws of the Un~ted Stalas of America and hevinp it~ principal p{xa oi
businG•ss in the City of Fo~t Pierce, St. lutie CouMy, Flori~a, herelt2after designated as tho "MORiGAGEE:'
WHEREAS Ihe h1CRTGAGOR is jus~ly indabted to 1hQ h10RTGAGcE in tl,e s~m of 3_.~~2~Q~~.QQ-__, goad and lawful money oi ~he Unlted
Stafes ad~anced by the 1.50RiGAGEE unto 1h? I~lORiGRGUR, as evidenced by a cer~~in prontissory note of even date he~et~ith, of which Ihe following in
vrorc~s6n OlgO.sOO trua coPY, to~•.cit: ,
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~ . . fort Pierca, Florida, ~~~V 1`~ , _19~ ~
For value received, 1, :ve or eithrr af us, crom~se to pay, wi~hout defalcatton, 1o the ord~•r oi FIRST FEOF.RAL SAVINGS AND IOAN ASSOdATION OF f
I6 O~O OQ ~b e~ annum, in morohl :nstall- ~
f0'nT PIFRCE al Fort Piarte, Flo~ida, Ihe sum of i- with intcrest from date at the rate of p Y~
ments as lol!o,YS: b- 144:-QO_ on the -~Q-~tly of __.]UYlf'-.~----. 19.=I-~_ and a like sum on the correspondfng day oi ea:h munth there- . ~
afler until Ihr whole be futly paid. • ;
Each installment first shall b~ applied in payment of the inter~st and ~hen on the unpa~d balance oi the princi~a! sum. If deiault is made in the ~
paym~nt of any installment whrn due, and such defa~h conrinues "s0 days, then at the option of the hoider, and without any other notite, all the remaining ~
instaUr:<n+s shaU be d~~ ar.d payab~e at once. ?nvilege is given to prepay ihis n~te in whole or in part al any time wilhout penalty. Neither focebearance, }
~or acceptar.ce by ~he hu!der thereof a(ter any default in any payments hereon, shaN ce deemed exte~sion. A late payment tharge a( 5---1-«Q shall be
added to cath installmei~t remaining unpa:d 7 days after its due date, and a tike sum sh~~l be added to cach suth installment rema~ning unpaid 7 days a{ttr
each surceeding payment data. .
Each rnake~, svrety and endorser I:ereof, juinfly and severally, ~vaives damand, prese~tment protest and r.otice of protesf for non~aymenf, and further
agrees to any e~tension of t~fne of paymeni, either b~E~re or a(ter maturily, witi:aut not;ce to any oE us; and to pay all tcsts oi collection, induding a _
reasor.able attor~~ey': fee in thc ev~nt oi any default hereunder; and hereby severally v~aives all benef~t of homes~ead and exemption undzr the conslitution
and laws of each $tate of the United States, as a~a~nst this obligation or any extension or renevral hereof.
YJitness the hand and seal of each pr.:ty. -
, , . S/ Thomas D. Rinn ~seAi~
_ " (SfAI) €
- . - Ti~..~~y'-~?~13~3 - (SEAI)
~ (SEAL)
GK . Q~ _ State Revenus . ' . . .
(96~CXd6b[i}€JiCY~SCOC~'•l~XDi'XD{
• ~ i~10'N, THERFfORE, ihe A10RTuAGOR for tFe purposa of sec~ring payment of said sum of S 1 b! • , and the performance of the
covenant: and agreements here~r.after expressrd, and for divera good and valuaole considaratio~s, by these presems, dces gront, bargain, sell, remise,
~elease, convey ard tunfinn unto tn_ 1,10RTGAGEE,. i1s sutcz:sor~ and assign3, a!: that certain lot, piete or parcel of land, sit~ate, lyirtg, and being in the
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County of _~~1,iG.~~ and State of Florida, described a~ follows: - `
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The East ane-half of I.ot 77 and all of Lot 18, LfiSS AND EXCEPTING
therefrom the South 5-feet, I31ock 12, 1~tARAVILLA TERRACE, a Subdivision _
according to the plat thereof recorded in Plat Book S, page 5~, -
- of the public records of St. Lucie, County, Florida, . -
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. . . ~ - - RECEIYED v" - pCJIN PAYh1ENT OF T~ - ~
. _ tNTMIGIBLE Pf.RSONAI PROPERiYt~. ~
. . - t-~-!( Y~. ~ PURSllA1'!T~ TU C}~APTER' T2-134. AC1S OF 1911. ,yl;C ~ ~
_ ~ L~ r:; ca ~ F-1.:. Ca
tf .~T~A~~ ; Y _ - ROGER POfiRA.S ~
- _ sJ' pCtlhtEN~A~Y, $I~~~M~ l;:?_ ~ ~URT, Sf. LUCIE CA., FL~
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~ - , , , ~ CL.ERK CIRCUIT
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together with all ard singular the !enemenTS, hered~tzments and appurt:~nces there~nto belonging or in nnywise apperfaining thereto, and all rents, issves, ~
, ~roceeds and prof~ts accruing a~~u io acuua from said premises, all of which are intluded in the above and foregoing description and 'nabendum. ~
' TO HA1~E AND TO HOID rhe atove descr~bed and granted premises unto the said A50RTGAGEE, iff successors ar+d assigns forever. And the said
' M~JRTGAGOR for_~e3r------- h~irs, executors, adminis~rators and assigns, hereby covenanb with the said MORTGAGEE, its sutcessors and a~signs,
that --the-~_c~Q lavvfutly seized af the~said premises in fee simple; that the same are- free, clear ertd distharged from all lient and encum-
brances in law or in equity, and that_~hQ~c_._ will and p~ - heirs shall warrant ar.d defend the title to 1he same to tha said ~
~ 1.10RTGAGEE, its successors and assigns, forever against tFe lawful claims and demands of ali parsons; -
PROV10E0, ALVlAYS ihat ~f the AtORiGAGOR shall pay unto the MJRTGAGEE the prami:sory oote kereirbefore described and sha11 truly, ptomptly
and futty pzrform, d~scharge, execute, compiete, comply with and ab:de bv 2ach and every the stipulations, agreemen~s, cortditions and tovenants of said
- piom~sscry note and of Ihis M~rrgage, then this hlortgaqe and the Estate hereby created shall cease and be null ,i~d void. - _ ~G?
IT IS UNDFRSi00D that the word "Nlortgagor" •.vhether in ths singular or plural anywhere in this Mortgage, shat~ b~z sing~lar i; one only and ~x7
shall be plura! {oin!!y and severatly if more than one, and that Ihe word "the~r". as ufed anywhera in th~s Mortgage shall be taxen to mean "his;' "hers,"
or "its," wFerever ~he context so impties or admits. Also, that wherever there is a refer?nce in the covenants and agreements herein contained to any of
the par~ie: hereto, the same shatl ~ construed to mean as vfetl as the heirs, leqal representa!ivei, s~ccessors and assigns (eithet voluntary by act of the
parfies or invo'.~ntary by operatio~ of the law) of the same and that the covenar.fs herein contained shatl bind and the benefits and advaMages inute
to IFe respective heirs, lega! representatives, successors and assgns ef the parties hereto. ,
~ And said tAortgngors, for themselves and their heirs, legal reoresentatives, successas and assigns, heteby jointly and s~zverally covenant and agree ,
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to and with the said ~dORTGAGEE, its successon and assigns: > . ~
_ l. To pay ali and sing~lar 1F.e ptincipal and interest and the various and svndry sums of money payable by virtue of said promiswry noTe, and this ~ i •
• martgege, each and eaery, promptly on the days respectively the same severally become due. : _ ~ ~
4. To pay all arrd si:~gvlar the taxes, assessments, levies, liabilities, obtigntions and encumbrances of every nature and kind now on said desuibed ~
property, w that hereafter may_ be imposed, suffered, placed, levied, or assessed thereon, w that hereafter may be levied or asseixd vpon thi• Mortg- ~
~ age, or thc indebtedness secured hereby, each and every, when due and payable, ascording to law, before they become delinqutnt, and before any interest ;
~ attaches or a~y penalty is incurred; AND INSOFAR AS ANY. THEREOF IS OF RfCORD THE SAME 'SHAII BE FROMPiIY SATISFIED- AND DISCHARGED OF ~
RECORD AND iFiE ORIGINAL OFfIC1Al UOCURIENT (SUCii AS, FOR INSTANCE, TNE 7AX RECEIPT OR THE SATISfACTION PAPER OFfICIAILY ENDORSED #
OR CERTIfIED} SHALL BE PLACED I,J 7HE HANDS OF SAID 1AORTGAGEE Y~tTHIN TEN DAYS NEXT AFiE2 PAYMENT; and in the event that any thereof ii not "
pa9d, saisfied and discharged sa'd tAORTGAGEE may at any time pay the szme or any part thereof without ~vaivi~g or a(fecting any option, lien, equity or
' .i~h! urder or by virtue of this mortgage and 1he fu11 amouM of each and every svch paymeM shalt be immediately dve and payable and shall btar interest
- irom the date thereof until paid at ~ate of nine per centvm per annum and togerher w~~h :uch interest shall be secured by the IEen of th:s morgtage.
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