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TNIS INOENTURE, hlade ihe_
-j~t F} _ Jay o1 _ _ , A.a. 19__~_, be?ween
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~L`_31~~11II1? _`~1riC~i f- - ~tiS_SY:..FC - ~
pt ~t • ~,tlC1C_ County florida, hereinalter des~gnat~~c1 as`Iha "~,IORTG~IGOR," "and FIkSf FfDERAL SAVINGS AND LC~AN '
' ASSOCIATION OF FORT PIERCE, a corporarion organ]zed ar~d exist~ng undar ihe la..s of ?he United SiaiQS of Amarita and havir~3 its principal place oi 3
business in the City of Fort Pierce, St. Lucie County, Florida, herrinaiter de~ig~ated as rho "h10R1GAGEE:' j
\4HEREAS the RIOR(GAGOR is justiy indebted to ~ha MORTGAGEE in Ihe sum of ~n~ good and laxful money of the United ~
Stales ad~anceJ by the 1.10RiGAGEE unto ihe ~GOkfGAGOA, as ev~da~ue.l by o cer~3.n ~,ronussory nota of evrn date herer+~th, of v,h:ch 1he following in . f
v.or~s a figures ~s a true <cpy, ta~vir ~ 1
s4:.,~ 0.00 ~ No 300(lOf~2 3
Fort Piercr. Flo~ida, a" - --197 5
for value r•~ceiveJ, 1, we or either of us, promise Ic pay, v~i~hout defa!catio~,, to the order of FIRST FEDERAL SAVINGS AIdO LOAN ASSOCIATION OF ,
FORT PIERtE at Fort Pierce, Flu~~da, the svm of S~'~ ~-`;n~ ~ n~ ~ti•„~~ ~nr~rrsi fran datc at Ihe rata of i`:a ~er arinum, ~n monthly install-
, ments as fo1!ows: S. 3~~ en the _~~tt~ d~y of _____.'tl~~ 19__ ~S and a like sum on thr correspond~ng diy of each manth there-
aftar u~~til the whole be fully paid. ' , - S
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Each ~nstallmen~•firs? sfiall be appliad in ~ayment of th~ imc~est and thc~~ on the «+~pa:d bafan<e o( the prinupal svm. If default is m~de in the ~
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payment oi any instaUmenl when due, acu such d_fautt contiisves 30 days, then at rhe op~ion of Ihc holder, and without any other notice, all Ihe remaining 7
instetln;rms sha'I b~ due ar.d payab!e a1 cnce. Privilrga i: gi.~n ta prepay thh note in ~~~hole or i~ part at any time without penalty. Neit!ier forebearance, ~
nor atceplance by the holder thereof after any default in any payments herecn, shall bz deemed extens~Gn. A late payment chargo of S---l~-.!~;`~hhall be ~
ad3~_d tu each instaUment %e:~aini~g unpa~d 7 days aher irs due c!ate, and a like wm sl,a!I 6e added to each such installment remaining ~rpaid 7 days after
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each succeeding payment -d~te. ~
' Each maker, surety and endorser hereul, jointly, and severally, wa;ves dema~.d, presentment p~at~st and not~ce of protest for nonpayment, and further ~
agrees to any extension of t;me of payment, eith~•r 6_fore er atter maturiry, ~vithcut ~~;,!:te to any of us; and to i~ay all costs of collection, intluding a i
reasonabte atro:ney's /ec in tha event of any defau!t hercunder, nn~ hereby se.era!:y waives atl benefi! of homestcad and ezemption under tha constitution +
and laws ef each 5+.~1e of the U~:ited Stat~s, as ag3r;st tF~is obl~gation or any e~c~er.s:on a~ renewai hereof~, _ :
- W~tness rhe hand and seal of each party. ~
fi S. ~ 1 ~ 7~ Z V i n c~!; (SEAL) i
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. ~ Sf~'i7Cqini2 S_ Cines (SEA~) ~
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( ~ C)~.~______J State Revenue . ' . - ' - ~
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f5temps Ze+~Metif-x~rorigir?~ no?e) . - ~ • ~ ' ; - :
NOW, THEREFORE, th_• h',ORTGAGOR for thc purpose of,securing paymeret of~~aid wm of S-`~2~,~00~~`~ , and the performa~ce of the ~
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tove~anfs and agreements here:nailer expressed, an3 for di•.~rs good and va~uab!e cons~d~rations, by these prese~ls, dces granl, bargain, sell, remise, ~ ~
release, comey and toniirm unto the h10RTGAGEE, fts r••-~ess^•s ar.d assigni, aL' thai certain lot, piece or. parcel oF land, situare, lying, and being in fhe ~
~t Lucie {
County of • _ " and Stat~ of Ftorida, cescribed as follows:
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Lot 11, ~':lock Z2~ SUA"5iDE, iI~ IT T'S:O, aecardin!1 to the plat thereaf `
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recordec3 iri Plat s'ool~ 12~ Pac~e 8, Pul>l~c FecordsT St . Lucie ~
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Coi~nt~.~~ ~~lorida~ y1~ -51~3 -00~3 `ODO/~ ~
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FtECEIYfD ;
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_ - ~ I~ i DltE OM CLASS'C IHTANGISLE PERSONAI PROPERIY ~
~ ~ : ;:-r S r.r, ; ~ PURSl1ANT TO CFUIPTER 71-134, ACiS OF 19/1. p
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tr}.?~i,t ;::(J:,t~;`~=o-.... ~y' ~ t CLERK CIRCUIT COUR(, SI. LUI:lE CO., FIAA /
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toge?her with all and sirgufar the tenemeMs, hereditaments a~d appurtantes thereunro be!onging or in anywise appertaining thereto, and all tents, issvd, ~
- proceeds and proiits accruing and to accrue frorn said premises, all oi which ere includ~d in the above and foregoing description and habendvm.
TO HAiiE A.NU TO N!~! ~ the aLu~ve ~esu~be~ an~ grant~d prem+~es vnla t!:e sai~ l.50RTGAGEf, its successors and assigns forever. " Md the said ~
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MORTGAGOR for heirs, executors, adminiilrators and assigns, hereby covenants with Ihe said MORTGRGEE, its successori and aisignf, ~
that ~i~--~~-- - lawfolly seized of the said prem~ses in fee simple; that the same are free, clear and dischar ed from all liens and enc~m- -
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~ brar.ce; in law or in equity, and that f^E" will and ~ h~ ~ r heirs shall warrant and defend tHe titte to the same to the soid - t~
- k,ORTGAG.E, its s~ccessers and ass=gns, forever againsl tt~,: lawful c'.aims and demands of a11 persorts; -
PROVlDED, ALY~AYS th3t if th¢ MORTGAGOR shalf pay urtto the MGRiGAGEE the promis:ory note he~einbefore desvibed and shall truly, promptly
and fully prrform, d~scharge, execute, comp;ete, comply with and abide by each and every ths s?eg_!a!e~! •mT-~~~ eonditions dnd covenants of said
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promissory note and of tnis Mortgege, then this Mortga9e and the Esrate hereby created shall cea3e and be null and void.
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~T 15 UNDERSTOOD that tne word "Mo~lgagor" vrhether in the s~agular or plu?al anywhere in fhis Mortgage, ihall be singular if one oniy and~~
ihal! be p(oral jointly and severally if mare than one, and tnat the word "the~r" as used anywhere in thi: Mortgage shall be taken to mean "his;' "hers;'~ ~
or "€ts; ' wherever the context so imp:ies or adm~ts. Alio, that wherever the?e is a refer?nce in the covenaMS tnd a~roements herein contained to any of ~ '
the parties hereto, the same shall be construed to me3n as weli as tha heirs, legal represer.tativea, successors arid assegns (either vol~ntary by act of the
parties or involuntary b/ operat~on of the law) of the same and that the covenants herein centained shall bind snd the benPfits and adventages inure ~
to the respective heirs, legal represeMatives, successo?s_ and asrgns of the parties hereto. ~~rr
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And said h'~ortgagars, for thamselves and their heirs, !ega! re~resentatives, succeuors and assigns, hereby jointly and sevetally covenant arid egree y~ j
to and with the szid MORTGAGEE, its successors and assigns: - ~ `
1. To Ray ali and s~ngular the principal and interest and tne veriaus and sondry sums of money payable by viitve of :aid promissory note, snd ibit ~
mortgage, each and every, promptiy on the days respectively- the same severAlly became due. ~
2. To pay all and s~ngular the taxes, assessments, levies, Iiabil;t7es, obligationt and encumbrancei of every natu?e and-kind now en said davibed ~ _
property, or that hereafter may be impoted, suffered, plated, levied, or assessed thereon, or that hereafter may be levied or asseised ~port this Mortg- ~
age, or the indebtedness secured hereby, each arsd every, when due and payable, accord~n~ to law, betore they become deiinquent, and before any interest -
atlaches or any penalty is incurred; AND !NSL`fAR AS ANY THEREOf IS OF RE~ORD THE SAhiE SHAII 8E PROMVTLY SATISfIEU AND OISCHARGfD OF
RFCORD AhiD THE ORIGItvAI O~FtCIAI DOCU/AENT (SUCH AS, fOR iNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENDORSED t
OR CERTI~IED) SHAtI BE PLACfD IN THE HANDS Of SAID lAORTGAGEE Y~ITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~
pa~d, saf.sfied and dischar~ed sa"d 11lORTGAGEE may at any time pay the same or any part thereof wilbout waiving or affecting any op?ioo, lien, tqvefy or ~
•ic~M vn~er or by vhtue of this n~ortgage and the f~!! amount o! each and every s~ch payment shjll be immediately due and peyable and shall bear interost
~rom Ihe date thereof until paid at rate of ninr per centum per ann~m and together w~th such interest shall be secured by the lien of th's mwgta4e.