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THIS ihDENTURE, Msda Ihe 2~t~~. day of A.D. 19 75 between ~
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_ ^ Robert L. T~bor and N ~~F' o`.
of St+ LuC~@ Counfy Florlde, hereinnfte? detig~ated~as the "MORTGAGOR;' and FIRST FEDERAI SkVINGS RND IOAN
, A550!.'IATI(?N OF iORT PIERCE, a cotpara~lon o~ganhed and existing under the laws of 1he Un;ted Stz~as of America enu having iti printipal placo of ,
u~stness in tha Glty af fo~l Pierce, St. L~cie Cou~ty, Florida, hereinaSter deftgnatad as the "MORiGAGEE: ~
WHEREAS ihe h10RTGAGOR ~s j~~tly indebted to tho MORTGAGEE in the swn of S 25 9ood and iawful n~oney o( Ihe United
~ Stetts advanced by the ~~10RiGAGEE unto Ihe MORTGAGOR, as evidenced by a ceNain proniiss~ty nota oi even dale hereY~ith, of which tho foliowing i~~
wa~ds and figures is a trua copy, to-wit: 1002~3fi9
t 2.ri , 000. 00 _ No
~ Fori Pie:ce. Flo~ida, r'ay 2~ 19^~3
for vaiue ~eceiveJ, 1, we or either o! us, p~omise To pay, witho~t defalcation, to the order of FIRST F,DERAI SAYINGS AND IQAN ASSOClATION OF
FORT PIERCE a1 F~rt Pierca, Flarida, the sum of $25t-Q~s_~~ with interest from date at the rate ot ~i2J~'ro pcr ann~m, in moNhly install- t
n:en?s as fol!own; j 2~ • on the 20tt1 ~ay p; _ Ju1y 19 % 5_ jnd a like svm on the correspond~rx~ day of eath moMh thero- ~
a(ter cntil thz whole be fully paid. ' ~t
Eath installment first shall be applied in paymenl of the interest a~d then oi the un,~aid Ir~lance of tha princ~pal sum. If defaul! Is made :n the !
?ayment of any Instailment whe~ d~e, and such defavlt continue: 30 days, then at Ihe opGon uf the holder, and without any otner notice, all the temaining ~
ins•altments shall be due and payab'c a1 once. Privilege is givcii to prepay ihis note in wholo or in part a! any time without penaNy. Neither iorebearsnce, !
nor accEptance by the holder thereof ~fter any defa~lt in any paymeMS herean, rhal' be daemed extension. A iate paymeM chatye of S 30. ~h61) be ~
added to each _installme~~l rrmai~mg u~paid 7 daya after i!s due date, and a like sum sl~atl Le addrd to each such ir.atalimznt remalnin~ unpaid 7 daya aiter
. each succeeding payme~l date. ~ _
Each malcer, wrety and endorser hereof,, joindy a~d saverqlly, waivzr demand, presentment protetf and r.otice U4. proL•st fo~ nonpaymeN, and fu~ihrr
- a~rees fo any exfension of time of payment, either before or aher :hat~rity, withaut notice +o any oF us; a.~d to pay al! costs of collectian, inclvding a
~easonable atrorncy's fee in the eve~1 of,an~ de(autt herPUnder, and hereby sevc+a!ly wrives all benefit cf homestead and exemption under the constitutian
and laws of each State of the United States, as against this obl~gation w any ex~ension or renewal hereof, i,_
Witness the hand and seal of each party. " _
~ r , sJRobert L. Tabor (SEAL) _
' - - (SeAy
- - s o 1 F. bo - cs~r?~)
$37. SO . _ ~sen~a
_ Stete Revenue _
(SMMrs~~r~wil~d.«~w+i~iwai w~N~ _ . - . .
NO~Y, THcREfORE, the MORTGAGOR for the p::rpose ~f. secoring payma~i of se'd svm of S 25 . Q~O. ~0 and the performance of tbe
covenants and agreements hereinafter expressed, and for dive:s good and val~ab!e considerotions, ~y theae pcesanls. does grant, barga~n, sefl, remise, ~
_ rslease, convey~and confirm vnto ihe /.10RTGAGEE~ its svccessan and as~igns, atl that certa~n iot, pitce or partel of land, tituate, lying, and lxing in the ~
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County of $t. LUCie ,,,~d State of Florida, d~ecribed as fotlowa: . ~ -
That part c•~ ttie follo~ing description-of pfopert lying West f A-1•A _
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The North 100 feet o~ the South 16~0 feet af Govexnzaent Lat , in #he N~ of -
Section 23, ':ovmship 34 South, Range 40 Bast, St. Lucie County, Florida, as .
measured at right angle Yo the South line nf said Government~Lot 1, as shown
~n plat of survey o~ said SvGtion ~3 recortied in Plat Book 8, p~ge 21 of the
Public R~cords of St. Lucie ~~unfcy, ~lorida;
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: _ ~ _ ~ t~?~;~ - ~ , . . . - RECEn?~o nd ~n P~v~~xr of r~c~s. -
_ ~ ' ' ~ • . D~ p~l CIJISS 'C INTAN618LE PERS~Oi~W- PROi'ERi'~'s -
_ p~J~t}pN? TO C~tAPTER 71•13~4, AC1S Of 1971~~
ROGER POfiftAS f~ ~
- CiERK CIRCt11T COl1RT, ST. l.UClf CO.,
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~ tagather with all and singular :he ttnements, hcredilamenta and appuriantes thcreunto be!onging w in anywiie appertaining thereto, and all rents, iuves, ~
~ _ prxeeds ar:J profits acccving and to accrue frari said premises, all of which are included in the sbove end faeyoiny description ~nd habendum.
~ TO HAVE AND TO rOID the above desu+b,.~d and $ranted prrmises vnto the said AM1ORTGAGEE; itt soccesson snd ~uiyns forever. And th~ sald
f - their ~ _
NtfJRTGAG02 for - Fwits, execulors, administretors and assigns, hereby tovenant~ wifh the said MORTGAGEE, ifs tucceswrs +nd aui~rn,
~ Itiat - the~7 aYe - IawfuUy seize~ of the said premises in fee simpte; that tha same aie free, dear snd discharged from all li~ns ar?d tnturtr _
brances in iaw or in equity, and thae th~y - wiN a~d th~lr heirs shall warra~t and defend ihe title to tho ssme ta the satd
?A~RTGAGFE, ita suuessors and assi9ns,_ fotever agoinst the lawful clnims an~ demands of tll persons; _ . -
- PROVIDED, ALV1/AYS that if ~ha MORTGAGOR ~hall pay unio the MCRTGAGEE the prcmisscry note heroinbefwe described anci shi+l truly, promptly
and luliy perform, discharge, Px~cute, somptete, c~rrsply with ard abide by each and every the stipvlations, agreements, conditioru and cave.~anri of said
promissory note snd of this Mortgage, then thi: i~M1wtgage and the fitale herqby ueated .hall cease and be nu11 snd void.
IT IS UNDERSTOOD tfiat tt~r word '?Aortgagor" whe!her in the singutar or plunl anywhera in this Mortgsgo, shall be singvlsr if ane only ~nd ~c
sha11 be ptvraf jointty and r_+verofly if more_thrn o~u, and that the wcrd "their" as used anyvrirore in ihSs Mxt9agx sMl! be taken to mean `-'his; "'hers," ~~u
or "its," ~vherever tf~e contexs so i:nplies w admits. Aiso, that wherever Ihere ii a reference in the covenants and agreements herein contained to anr ~f y
the partie; hereto, the same ihatl be construed ro mean as weil as the heirs, 'egs) representatives, successors and auigns (either voluntsry by act of tM ~
parties or involunrary by oQerotwn of the iaw) of the same and that the cove~ants herein coniained shall bind and tAa benefits and sdv~ntsges in~n~
to the respedive heirs, Irgal representatives, s~ccessors and ass'gr.s of the part~es hereto. '
~ Md •aid Mortgagors, for themselves and tlxir heirs, legai repre~entatives, •uccessor: snd asiigns, hereby_jointl~ e:id severally tovsnsnt snd ~yrK ~
to and with the :aid MORTGAGEE, its svccesicrs aod a~irgns: _ ' -
1. ta pay all and singular the principal a:~d iMerest and the ~arious and sundry svm~ of ~noney payabte by virtue af :aid promiuo.ry note, ~nd tbis
mortgage, each and every, promptly on the days res~ctively the same sevarally brcome dve. "
2. To pay all and singvlar the taxes, asiestmenri, levies, lisbilitica, obligations snd enc~mlx~ntet of ev~ry n~ture and kind now on ssid d~scr~bed
prop~erty, or s~at hereatter may be impased, suffered, plased, levied, or tssessed th~ereon. or thst hereafter may b~ levied or 3sses~e.~ upon thit IlAort¢
age, w the indebtednr:~ secvred hereby, eact~ and every, when daa +nd payab~e. MC3f!Ilf1~ to lsw, before ther bacorr~ dtlinqvent, ~nd befae ~nY im~at
attathes or any pe~aity is inturred; APiD INSQFAR AS ARY THEREOF !5 OF RECOP.D THE .SAME SHAII 8f PROlNPiIY SATISfIfD AND OISCHARGEO OF
RECORD AND THE ORIGINAf OFFICIAL DOCUNIENT (SUCH PS, FOR INSTkNCE, THE TAX REClIPT OR THE SATISFACTION PAPER OFflCIAILY ENDORSfO
OR CERTIFtED) SHAII BE PL~1CE0 IN iHE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT Afl€R PAYMENi; and in the erent ifiat any thereof is not
paid, sal'siied and discharged sa'd /AORTGAGEE nay a: any t~me pay tfie same ot any part thereof wi:hout waiving or affMing sny option, lien, eqvity or
- riqht vnder or by virtue of fhis martgage and the fuil amount of each and every such payment shafl be imrt:cdiately due snd pay~ble and shall bear ioferest
from the date thereof u~til paid a~ rate of nine per centum per annv;n and together with ~uch 'snterest shall be secured by the lien of th:s moryt~e.