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THIS INDENIURE, Mada thc-~Q~L~_ day of ` A.D. 19...~--, betwee~ ~
. _ _l~~lsi_~'i~1?~~s~on apd Catherine A• Prest~»_ his wife _
of - I..UC1@ Co~My ftorida, he~cina(ter d~s~~~?~d as the "h10RTGAGOR," and FIRST.f~Tf~jAl SAVINCiS;A+~ IUAN '
. ASSOCIATIpN OF FORT PIERCE, a corporat~on organized and exis~ing under the la•.vs of the United Statas of Amerlca at~d' ~dvlnc~ its prtncipal'~lace of ~
bvsiness in ihe City of Fort Pierca, St. luci@ County, F~orida, herei^after designated a~ Iho "MC~RTGAGEE:'
WHEREAS the h10RTGAGOR is ju~tly indebltd to the h10RTGAGEE in the sum of S_~~in~s~~ 9ooJ and la~.vful money ot ihe United
States advanced by tho hAORTGAGEE unto Ihe MORIGAGO~, as evidenced by a certain promissory note of even date herewith, of which the tollowing in•
wor' s and (~gures ~s a rrua copy; !o-w~t: _ • 13QOOOfi4
5~2~4QQ..-Q~ •tay 30 :.~9 75
fo~t Pierte, Flotide,
For vatue reccived, 1, ~rc or ei±her of us, pro:nise to pa/, withou~ defalcatio~~, to the order of FIRST fEpERAI SAVINGS AND LOAC~ A650CIATION OF
fORT PIERCE at Fort Pierce, FloriJa, the sum of S-~4~4-4+-Q~----- w+th i~verest (rom date at the rata of8Z75% per annum, in monthly insial!-
i
irents as fol!ows: ~ lb~•O0 on the 20tt~day of _~`Jul~' 1975~ and a lika sum on the correspon~'ing day of each moMh iFere-
a(ter unlil the who!e be fully paid.
Eath installmrnt iirst shat) be appllcd in payment of the intere3t and ilten cn the unpaid balance of the princ~pal svm. If dtfa~tt is made In the
payment oi any instatt~nent ~vhen due, and such defauh continues 30 days, then at the optlon of th~ holder, and wilho~t any other notice, a!l the rema[ning -
instalimanls shall be d~e and payable at ente. Privileye is givcn to prepay this notc i~ whote or in patt at any fime w+thaut ;ie~alty. i~eitfier forebearance,
nor auepla~te by the holdet Iherrof after any defautt•in any payments herean, sh~ll be deemed eztznsion. A late paymen~ tharga of ~8•25 shall be ~
added to ezch ins:allme~~t rernain;ng unpaid 7 days bfler ils due dale, and a I~ke s~m ihall be added to each such insta~lment remaining unpaid 7 day: after
each succeed~ng payment dare. ~ ' _ !
Each maMer, wrety and endorser hereof, jo:nNy and srverally, ~vaives demand, presentment protest and notice of protest for nonpaymenf, and futther
agrees to any extens~on of t~me of payment, either b<tore ar after maturity, with7~t not~ce to- any oi us; and to pay aU costs of collection, including a i
reasonable atterney's fee in the event of any d~faG;r hereunder, and hereby severally ~vaivei all benefit of homestead and exemption under the constituiion j
and lativs of each State of the United S~ates, as ag~inst this obligatian or any extension or renewal hereof. ~ t. ~
- 1Yitness the hand and seal oE each party. s~.?~ ~ .
~~~r ~ ~ 7T `~r_± - (SEAL) -
_ •..~.~}aarnld G_ Proctnn (SEAt) -
_ • . - - - (SEAI?
Z`.30.00 ~ ~.~C'athp inn A~ Presrnn (SERL)
( ) S~ate Revenue : . ' ~ , ~
{C~e+nps-cen~cdle~d~erra~lna?~+ote~ - - t^ : • -
' 20 000 00
NO~N, THEREFORE, the MORTGAGVA for the pur,~ose of securing payment of sa~d ivm of S ~ • , and the prrformance of ti~e
covenants and agreemenu hereinafter expressed, and for divers good and valuab?e consideratioos, by ihese presents, dues grant, 6argain, sell, remise,
release, convey ar.d co~firm unto the h10RTGAGEE, ii4 wccessors and rssigns, all that certain lot, piece or_ parcel o( land, sii~ate, lying, and being in the j
Covnty of St . Lur. i e and State of florida, described ai fotlows: • ;
. - ~
A condominium parcel desic~nated as Apartment No. ' E~ :~uilding i~o. 911
_ of TiIC~?+F'OINT O'~ rORT PIFRCE CONDOf~1INIt.~I SECTI(T`7 T, a condorainium
according to the Declaration~thereof~ dated August 1~ 1974~ and re-
corded in O.R. Book 230 at pa~e ".?201~ inclusive, of the public records
of St. Lucie Count~~, ~lorida, toc~ether with all of the appurxenances -
thereto, all acco~rdinc~ to said Declaration of Condominium.
SUnJECT to all of the provisians of_the Qeclaration.of Condominium
and exhibits thereto~ and anv anri all restrictions, resezvations~ .
ease~zents, licenses and includinc~ a lease recorded in p.R. Rook 226
at pac~e 558 of the public records of St. Lucie County~ rlor=da~ which
- the ~Sort~ac~ors assume and a~ree to perform and abide by. ~ - _
, , . . ~ ~ya~ - 7'D~'-~~o~ =do c~/d
_ _
~-t- oF ~ ~tD:A ~ - - .
, ~ ~ s STkM_ P Y t._a. ~ , ~
. u~ ~U~U~1~1EN ~ARY „ ~ - " - -
o=~ _ GEF1
GF~RE~ Et~~1E ~ _ - - RECEIVED ~ 4 "
O O~ '"D IN PI4YMEKi OF TAKES ~
x~ CD = 7, 3 O• DUE OM CIASS'C` INTAN6f61E PERSUMAL PRO?ERTY, . ;
~n = PBi~ PURSUM'T TO CHAPTEP. 71-13i. ACTS OF 2911. ! !
~ ~ ~ ~ 1=
- . . ~ -Rac~ Poitc.r•s l~ ~
. ~ . : - - - . . . . . . . . CLERK CIRCUIT COUtti, sc L~~~t rn.. Fv~. ~
~
_ tc3eiher -with ail and singufar the tenements, hereditaments and appvrtances thereunto belongirig o~ in anywise appertaining theteto, snd all rents, issuet,
praceeds and profits accruing and to accrve from said premises, all of wfiich are intluded in fae above and foregoing d=stription a:sd habendum. ~ -
70 HAVE AND TU HOID the above described and granted premises vnto ihe said MOR33AGEE, ifs svtcetsort and ssaiyns forever. And tha ssid
MORTGAGOR for heirs, executots, administirators and assigns, hereby cove~anis w~*h the said MORIGAGEE, it~ stxceuwe a~d sssigru,
that = la•Hfully se+zed of ihe faid prtmisas in fee simple; that tlx same are free, ciesr and discharged from a!i lient ind tncvm-
brances ir law or in eq~isy, and that thek Mr;11 and -~~2~_ - hein ~hal) warranl and defettid fhe title to the same to Tha ssid
. MORiGAGEf, i:s svcccssors ar.d assigns, lorever against t1:a Inwful claima and demands of ail persons; .
PROYIDED, ALWAYS that if tha NtORTGAGOR shall pay ~nto the MORTCaAGEE the prornissory ~ote hereinbefore described and shal! truly, promptly
ar+d fu11y perform, d:scharge, exe~ute, canplete, tomply with and abide by each and every the stipulations, agreements, tonditioni and tovenants of said _
p~om;ssory note and of th~s Mortgage, then this Mortgage and the Estate hervby created shall cesse and be null and void. _ _
. !T IS UN~ERSTpOD thnt the word "Matgagor" whether in the singular or plural anywhert in thii Mortgaga, shall be singulsr if one or,ty and
shall be plural jointlq and severelly if more than one, and that the a+ord "their" as used anywfiere in thii MorTgige.sFiall be taken.to mean "hi~; "'hen;'
or "its," wherever the context sa irnplies or admits. Also, that wherever there is a rsference in the covenantt and sgreemenri herein containrd to any of ~
the pa~ties hereto, the same shall be construed to mean as well as the heirs, tegal representstives, successors and assigns (either volvntary by sct of tfie
' Parties or involunl~ry by operation of the taw) ofi the same and that the covenann herein contained shall Lind sred the benefiri and advsnts9es invrt
to the rospective heiri, lega! representaTives, successors and as~
gns of the partits hereto. - -
Afid said Mortgagors, for themselves and their heirt, lrgsl repreuntative:, soccessas and auigns, heraby jointiy and tevera!ly covenant and ~res ~
to and with the said~MORTGAGEE, its successo:s xnd assigns: -
1. To pay all and sirtgular the principal and interest and the var:ous and sundry sums of- money payable by vi~tve of said pr•xnisiory ~ote, ~nd this
mortgage, each and every, promptly on the days respectively the same xverally becorr.e dva. _ ~
" 2. To pay all arsd singvlar the tazes, assessments, levies, liabilities, obligstians and encvmbrancts of every t?atvrR and kind norv on aaid describad ~
prcperty, cr that hereaftet msy be impoxd, suffered, place~, levied, w sssessed thereori, or that tkre~fter may be levied or assessad upon ihis Morty- ~
age, or the indebtedness secvred hereby, each and every, when due and payable, accurdinp ro law, befcre they become delinque~t, and before any EnTerest i
attaches or any penalty is incurred; ANp INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPiIY SAT4SFIED AND DISCHARGED OF
RECORD AND TNE ORIGIhAI OFflCIAL UOCUIhEN~ (SUCH /`.S, fOR INSTANCE, 1HE TAX RECEIPT OR THE SATISfACTlON PAPER OFFIGAIIY ENDOR~ED
OR CERTIFIED? SHALL BE PtACE(1 IN THE HANDS OF SAID NSORTc3AGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event thal any tfiereof is not
paid, sat"sfied and discharged sa:d MOP.TGAG~E may at any t~me p~y the same or any ~art thereof wishout waiving or affectin~ sny option, 1'~en, eq~iry or
~~ifiht unde~ or by virrue ot this morrgage and the foll amovnl of each and every such p~yme~t shall be immediately dve artd payable and thall bear intertst _
from the date thereof until paid at rate of n~ne per centum per annvrn and togetfim w~th such interest shall be secvred by the IiM af th:s mor9taQe.
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