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THIS INDENTURE, Made the ~~th day of ~ hta ' A.O. 197_5-. bctween
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- ~ i\ 1' ti
. ponaXd H, DeMeul a~ single ac3ult
of ~~_.n._~~'r~-_--.. Counry Flo~ida, hareinatle~ designated as the "MORTGAGOR;' end fIRST FEOERAI SAVINGS AND LOAN
ASSOCiI.TION Of fORT ?IERCE, a corpora~ion c~ga~izad and exts~ing under tha laws of th~ United St~t~s of Ameriu ~nd hwin;, in prlncSpal place of ,
bwlnesi tn the City uf Fort Plercw, St, ivde County, Fiuride, hereinafte~ desi9nated a~ ~he "MORTGAGEE:'
WHEFEAS the A10RTGAGOR ti justiy indebted to ths MORTGAGEE in the svm of i_ ~ Q~O• p0 , good and lawful money of the Un~te~
States advanced by the MORTGAGEE unto ~ha MORTGAGOR, as ovidanced by a cutein promissory ~ota of even da~r: here~,nith, ~f which the feltowing in
_~n•ords end tigures is a trua copy, to-wft:
84.000. 00 ~ ~ - No 14Q21372
~ forl Plerce, Fl~rida, .Mav ~Q 19?5
~ . For value aaeived, 1, wo or eilher of ~s, promise to pay, without defalcation, 1o the order of NRST F€DERAL SAVINGS AND LOAN ASSOCIATION OF
' FORT PIERCE al Fo~i Pierce, Florida, tha svm of S 8`3 • 04~• O0 _ w;~l, in;err~t from da+e nt the rate of ~o per ann~::i, in monthiy instelH
meni: as follows: ~~4~. n0 0~ 20tt1 day of _....sl~L---, t9_~,~_ and a lika ium on the co~~espond~ng dey of each mo~~th thert-
, after untii tha wh~la be fully paid. ; ~
_Each installment first shall be applied in p~yment of thr t~teresl and then on the ur^a~d balance of the prinupal avm: If default tt made In the _
_ payment of a~y i~stallmenl when dus, a~d such defauh contin~s 30. days, then at the opt;on of ihe hoider, and withoW any other notice, ail the remainir.g '
insfa~tmenti shall be due and payable at once. Privilcge is given to'prepay ihii r?ofe in whole o?:iP Pa?t at O~Y time without penalSy. Neiihef fotei~sars~ce,
nor acceptante by ihe.Foldet ihereof after any defauit in any payments hereon, shaU be deemed exienston. A la!e payment cht~ge of ;~.Z.-I.S, shall be .
- addcd to each installment ~emaining vrtpaid 7 days affer Its due date, and a like sum shall be a~ded to each such inslaliment remaining uopaid 7-days aftar
aach succeedirtg paymenl dala - : .
Each maker, svrety and endo~ser hereoF, jotnlly and sevtraUy, waives demand, p~esentme~~t protesl and notice of proteit fet nonaayment, end futiher
~ agrees to any extension of time of payment, either S~fore or aftet maturity, withaut noNce to any oi us; a~d to pay all costs oF colledion, induding a
~ reasonabte attorney's fee in the e~ent oF any default hare~nder, and. heraby severaity weives all benefit of homestead and exemption under the conititution _
and laws or each Sta!e of the United_States, as against this obligatlon ur nny extension or rtnewal hereof. _ ' -
H'itness the hand and seal of each party. _ '
. _ : - ~ e S~ ~?OI1R~~~ H. '`DB,~1i1@S ~ (SEAI)
- ~ ~ ' a si.ngle adult ts~+t,i
~ . " . . _ . , ~s~,t) _
- . . - . - _ (S~U ~
~ t ~26.OQ ) Stete Reve~ua : - . .
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- NOW, 7HEREFORE, the MORTGAGOR for the pvrpose of sec~ririg payment of said sum of ~ 8'4~000• . snd fhe performe~e of t#~e ;
covenant• and agreerr:e~ts heroinafter expressed, and fw divers good aed valuab.le to~s~dera?tons, by- these presant~, don gran+, bar9ain, iell, rem~~e,
release, convey and confirm ento 1hs~ORTGAGEE, its successors and assigns, ali that certain lot, piece or parcel of land, iituate, lyir~, ana! beinfl in the ~
Covnry of St •~.U~le and State of florida, dt~cribed as iollows:
South -330 feet of North 350 feet of SE~ of SB'~ of Se~tion 5, Towr~ship 36 Sauth, Range
~40_East, St. Lucie County, Florida - -
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- G~ °O p€PI GL FtC?'ENtfE= . ~ t ~ _ _ ~ -
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~ _ RECEi!'ED 5-~--F`-~"~ IN P!~'•E[1T OF Titt~~ -
~ ~ . - OJE ON CLA~S'~~ER 71•1~3~t.PEt~S OF 1911ER(Y~
. p1~RSli~Al~t Ta
- . - - . aor~ Porrn~s ~l~
: - . . - . Q~itli q~ ~~T~ ST. WC1E OOt F11V.. - _ -
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together with all znd singufar the tenements, hereditaments and appurtances therevnto belongi~g or in anywise sppertaining tfiereto, and all rents, issues,
prxeeds and Frofits auruing and to accnie from said oremisei, all of which are.inclvded in the sbov~ +~nd foreQoiir+yi dtwiption and F?~b~um.
- TO HAVE ANDhQs OlD the above descr'~bed and grantEd premises vnlo the saici MORTGAG£f, its sutcr~sws and aasipns forevK. Md tM ~aid -
MORTGAGOR fw - heirs, executws, admin;strators and assigns, hereby covenanh with t~e said AAORTGAGEE; ita wcc~uori snd
rhat h@ iS - lawf~d(y seised of the said premisas in fes simpte; that the same sre _free, desr snd dis.harged from all -liera ~d ~ntvm~
i he' will and hiS ~ Fxira shall wartanf and iefend iM title to th~ same to 1'M salo ~
brances i~ !aw or in equity, and that - -
',j MORTG!•.^vEE, iti evaesso.s and assigns, ~orever agains! the tawfvl claims arsd-d=_manaa of all ptrsons; ` _
` PRQVIDED, ALWAYS that if ihe MORTGAG~R shall pay unto the MORTGAGEE the p:~missory note hereinbef~te desaibad_~nd sh+ll.trvly, ~,romptly
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brsd f~ily perfotm, d3icfssrge, execvte, compfe,e, cc+mply with aod abidt by esch sod eve~y the stipufs~ions, agreemenb, conditw~s and coreoants of taid_
j~ _ promissory note and of this h4~rgage, then ihia N4ortgage sn~ the Estate hereby ueated shafl cea~e and be null ~r~d void. - _ - -
- li IS UNDERS100D thai the wwd "Mk+rtgagor" whether in the singular or plvral snywhere in this JMsrrtyaQe, shell be sinyvl~r if on~ onhr and
~ sFia11 be plvral j~mfly and ieverally if more tt~an one,- and lhat the word "thtir" as used snywMrs fn this hAortpaQ~ shall Tsk~n to rtKan "his," '7ters;' ~
~ or "its," wlxrever the context so i-~plies or bdmits. Also, that wherever there a a reference in the covenanb and sqroertxnfs MreiR conta'uied to my of ~w -
!he parties hereto, the s~me thall ix construed to mean as we11 as the F.ein, legal representatira, wccesson snd _sssi~+s (~itl~er v_oluntary by aci of ihe z~
partiet o~ ineolvntsry by operaYwn of the law) of the sartx ar.d that the covenanfs herein tont~irred shall ~end ~nd th~ benefitt ar~ advu?taQet inute
. ttt th~ respective hein, !egal representatives, suscefsan ar.d au°gns of thc pan:ts hereto. .
Md said Mortgsgon. For thrmxlves and ihe:r heiis, ley~l represer~ati•~es, s~ceason and sui9rn, hereby jointly mci ~everally torsnaet md aprse _
to and witfi the said NIORTGAGEE, irs s~ccessors ar~d assigns: _ .
1: To pay all and ti~ulu t~e principal sid interest and the variovs and sundry svms of money paysbb br rirtwa of said promissory note. ~nd tlds -
morlg~Qc, each srtd every. promotly on tfie days rnpectively tM s~me sevsrally become dve. - - : -
~ - - 4. To pay sll-and i~ngvlar the taxes, asse:sr:~snts, kvies, liabilitics, obligsY~au ~nd encvmbr+nc~s of ~v~y nahnt snd kF~t now on said dNCribid
ptopsrty, a that- hereafte~ may be imRosed, wffered, pla~sed, lev'~cd, or sssessed thtrwn, or That F~ere~ft~r rnay b~ levied ot asieqed ~~a~n t1+is Mat~
s8~, w the indebtedness secvrcd hereby, escfi and eeery, whm dw and payabk, accordinfl to 4w, beforr they become= ~k+gu~nt. ~nd befort any kH~rrit
- a»aches ar any pe~elty is incvrred; AND INSOfAR AS ANY THEitEOf IS OF RECORD THf SAMf .SFil+ll 6E PROMPTIY S/?TISFIEO AND C15CHARGfD OF
RECaRD !LNU 1Hf GfrIGINAI OFFlCIAL DOCUMENi (SUCH AS, FOR INSTANCE, iHE TAX RECfI?T OR THE SATISFACTfON PAPER QFfK1ALLY Eh00RSf0
OR CERTlFIED) SFlAII BE PtACED IN THE HANDS Of SAIO MORTGAGfE W(iHIN TEN DAYS NEXT l1FTER PAYMENT; snd in the event ttwt any ttroreoF a not
ps3d, sat'sfied :rxi discherged sa:d MORTC•AGEE may s: any time pay the iame ot s~y pa?t thrreol withovt waivir~ ot effettinq srty opiiort, I'Mn, eq~iiy or
.~ght ~ndtr w by virtue of this mongage and the full amount of each and evc~y svch payment thall be immediatefy due s~d p~yab~e s~d ~I+atl bt~r iMera~
From tht date thereof vntil pa~d at raTe of nine per ccnt~m pet ann~m an~ togethtr with svch intareit ihall bs sct~red by the lien af th:s morptap~.