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THIS INpEN1URE, ~Jlade ~h$_ 54h day of J~e - A.o. 19~?~, between ~
. ^ Peter M'._Leaming and`$~'~~da 6~ es?nitt4. his wife ' ~
_ - - ~
of St • LLICi@ , County florid~, herainafter designated a~ ihe "MCRTGAG~R," and FIRST FEDERAI SAVINGS ANp IOAN •
ASSt~CiATIOt~ OF FORT PIERCE, a corporetien otyanized and existing vnder Ihe laws ot ihe Urited Statas of America and havinq iti printipal plece of ~
busi~ets (r rhe City of Po~I Pitrca, S~. l~cie CouMy, Florida, hereinafler designated as iha "MORIGAGEE." ~
WHEREAS tfle htORTGAGOR is justly indebted to Iha A50RTGl+GEE in ihe sum of s?S LSOO. ~4 , gcod and lawfui money of ihe United !
States adranced by tha htORTGAGEE vnto Ihe MORTGAGOR, as evidencad by a cena~n promissory note of cven date herewith, cf which the {oliowing-tn
wordo and figvrei is a trve copy, to-wit:
. s 25 . 500 .00 _ - - - - Mo 10021384
~ ~ fort Piercc, Flo~~da, JU.~~_.-.. 1q.~~_
For val~e re:eived, 1, ~vr or either of us, promi w ut defa!caiion, to the order oi FIRST Ff~ERAI SAVlNGS AhD LOAN ASSOCIATION OF
FURT PIERCE al Fort Pierce, Florida, the s~m of S__ ~~~~0~~ ~ti'~~f~ interesl from date at iha rote uf 8!?~ per annum, in monthly instali-
ments as foltows: S 210•~~- on thP 2~th day of SQpt~Alber__ , lq _7-rJ- and u like :um on Ihe cw~espond~nfl dey of eath month there•
aher uii?il the ~xhole be fully paid.
. Each installme~t tirst shall be applied in payrrent of Ihe interest a~d ihen on the,unpaid bafance of 16e printipal sum. If defauh fs made in the
payment of any installme~t when dve, ahd such deiauh cont~nues 3~ days, the~ at rhe option of 1he holder, and without any other noti<e, all the remaining 1
installments shall be due and payab!c at an;c. Privilego is given to prap~y this note in wholo or in part at any time without penafty. Neithcr torEbearante,
nor atceptance by the holder thereof aftzr any default in any payments hereon, shall bs deemed extension. A late paymant charga of ;ti1O •
5Q shall be
added to ca~h inslallmenl remaini~g unpaic~ 7 days after its due date, and a like sum Shall bQ added to each suth installmeat rema;ning unpa~d 7,~ays after
each svcceeding payment date. ~ -
Each maker, surely and endorser hereoF, joinlly and severally, waives demand, preszntme~t protest ar.d notice of p~otast for nonpayment, and f~rthet
zgrees to any ezlension oi ti~~e. of paym.nt, either before or aiter maturity, withaut r.otice to any of us; and to pay all coets of colfection, induding a
reasonable atto~ney's fee ~n the evem oi any default hereunder, ar.d hereby severaliy weives al! benetit of homes?eod and exemplio~ under the constit~tTon
and la~vs o( each Statc of ~ha Unittd States, as ac~ainst this obliga~ion or any extension or renewal hereof.
. W~tness the hand and ~ea! of each party. ~~e~~~9
' ~ `S, Peter ~;4 ~ (SEAL)
1(tf ~ ~ tt t+ ~ LI
,
• ~ Brenda B. Leaming ($EAl)
. . ;
- - - - ' ' ~ ~ . . (S~raU
38 . Z S ) State Revenue . ' , • - - - -
'f3Tamprcar~rited ~rr Q~tgtnal ~mirj- . ~ ~ ~
hOVN, THEREFORE, the MORTGAGOR for the purpose of sec~ring payment oF said dum of =25~ 5~~ , and t'~e performance 'of the
covenaNS and agreeme~te hereinafler rxp:~. and for dive~s 9ood and ~aluab!e cor.sideralio~s, by tyesa prestnts, doe• granf, bargain, sell, remise,
release, convey and confirm unto Ihe MORTGAGEE, its ~utte~~_es and assigns, all that certain lof, piece or parce) of (and, situatt, lyi~g, ead being in the
Counry of St . LUCle -and State of Ftor~da, desaibed as followt: '
. ~
- Lot 13, Block 43, LAKEWOOD-PARK, UNIT NO. 5, as per plat thereof recorded-in
Plat Book 11, page 5, of the Public Records of St. Lucie County, Florida, _
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. ~ - p~4 i ~ - RECE~YED ~ - ~ ~ _
~ ~ IN PAYINEM~ QF TRXE'S
-~oy,~ _ s; ~ eg~ DUE ON CUSS ~C iNTAMGIBLE PERSOttaL PRO?ER1Y~ .
~<G ~ PURSt1ANT TO CFIAPTfR 71-134, ACTS Of Iy/L j~~jJ _
~ ~~i'~• d - _ . - - i~GER P'aR,RAS ~ f/
- CI.Et~lf CIRq11T COURT, ST. I,UCIE 00, FlA
together with a11 and singular the fenements, hereditamertts and appurlances thereunto belonging or in anywise appertaining thetefo, and all rentt, issvet,
prxeeds and grofita atuuirsg and ta accroe irom said premises, ali of which are incl~ded in the above and ,fotegoing descriptiot~ and F?~bendvm.
TO HAVE AND TO HOID tfie above desvibed and gra~ted premises unio the said MORTGAGEE, itt wttesson and assigns forevt?. And ihe s+~d .
their
MORTGAGOR for heirs, executon, administrators and assigns, hereby covenants with the said MORIGAGEf, its~iutteuors and asti~rsi,
they are
that - lawful~y se~zed of the said premises_ in fee simple; that the ssme are frse, clear snd discharged from all liens ~nd ~ncvnr
brances in Iaw or in eqvity, and that they a~ their he;:i shatl warront-and defend the.title to the same to the sai~
MGRTGAGEE, its successors and assigns, fwever agains: the lawful dalms and demands of a!I penonr, ~ - -
PROVIDEn, ALWAYS that if the MORTGAGOR shafl pay unto the MORTGAGEE the promiuory nott heteinbefwe described and sfiail truly, prort:ptly
and fully perform, dlscharge, exewte,_compfete, comply with and abide by each and every the.stipvlati:u~i, ~greements, ca~ditions snd cavensnts of said
_ promissory note and of this Mortgage, then this Mwtgag- and the Estate hereby createct shall cease and be nvl! and void. pap
" 1? IS UNDERSTOOD thnt the word "Mortgagor" whe?her in the singuiar or pl~ra) anywhere in thit Mortgage, shatl be singular if _ane only and L~iao
- shalf be plural jointiy and severalty if more than ~ne. and t!~at the word "their" as usrd snytivhere in ihis Mortgaye shall bt faken to mesn `?is," "hen," x"
or "i1s,° wherever the context so i:r.plies or admits. - Also, ihat wherevet- thue is a refetente in ihe tovsnants snd agreement~ herein contained to eny of ~
the psrties hereto, the iame thatl be construed to mean ai well as the heirs, iegal representatives, successors and si:igra (either volunt~ry by sct of ths ~
panies or involuntary by ooaration Af the lajv) of the same and that the covenanls herein co~tained shall=6ind snd the bEnefin snd adv~ntaQes inur~
to tFie respective he:n, legal representatives, wccessars~and asrgns of the partirs lureto. -
Md sald Morrgagors, for thcmxlva and their heirs, legal represent~hvts, iuccessors and assiyns, hereby jointly and ~everally covenant snd ~ree
to and with the said MORTGAGEE, its svccessors and astigru: _
1. To pay all and sin3vlar the priripal and interest and the various and sundry svms of moncy payable by virtve of said promisiory noie, snd this ~
mortgage,- esch and cvery, promprly on the days respettivety the tame severally becort?e d~e. - - • ~
2. To pay all and aing~lar the taxes, assessmen~s, kvies, liabilities, obligations and encumbrances of avery n+ture and kind now on said deuribed
ptoperty, or that hcreafter may be imposed, s~ffsred, placed, ievied, w asscssed thereon, as tMt Frereafter may be tev'~ed or essessed upon thh Mori¢
sge, a the inclebtedness secured hereby, each and every, rrhen due +nd payable, according to law, befare they becorr+e dslinquent, ~nd befon a~y inter~st
attaches or any psnalty is incvrred; AND INSOFAR AS ANY 7HEREOF IS OF RKORD TH: SAME SHAII BE PROMPTIY SATlSFIED /1N0 ~ISCHARGED OF
RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PAPFR OFfIC1AlLY ENDORSED
OR CERTIfIED) SHi~ll BE PIACED IN THE HANDS OF SAID MORTGinGEE 1M1ITHIP2 TE~~ OAYS NfXT AFTER PAYMENT; and i~ the eve~t that any tfiereof is not
?aid, sat"sfied and dischargcd sa;d MORTGAGEE may at aRy t:me pay the sarnc w any part thcreof withuut waiving o~ affetting any option, lien, equity ot -
•ight vnder or by virtue of this mortgage and Ihe fu11 amo~nt of each and every such payment shall be immediately dve and p~yahle snd }hatl besr interest
From the date tFxreof uMil paid at tatc of n~ne per centum per annum and togdhe~ w~th svth interest shnll be sec~red by the lien of th:s morytaye.