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THiS INDENTURE, Mede the llth dey of `~u~e A.D. 19~ between !
Hc~,vard L. Q-cklex, a:id B~i!`R ~ A~kl~~ hi4 w' fc+ _ ~ ~
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of St. ~'uCis' County Florid~, heretnafle~ designeted a~ the "NIORIGAGOR;' and fIRST fEDERAI SAVINGS ANO IOAN ~
ASSOC!ATION OF FORT PIERCE, ~ corporalion orya~i:ed and exitling u~dcr Ihe law• o( Ihe Unittd States of America eiid having il~ principal plece of ~
Fwiinett tn ths City ef Forl Pierce, St. Lucle County, Florida, herein~f~or dasignated ai tha "MORTGAGEE:' j
WHEREAS the MORTGAGOR ir (ustiy indebted to the MORTGAGEE in ihe s~m of s 11 ) OOO. n~ , good and lawful monzy of the United ~
States advanced by 1he MORiGAGEE unto the MORIGAGOR, aa evidanced by a certein promissc+ry ~ote of e;en data herewith, of which tha {ollowing in t
word~ anJ figutes it a Irue copy, to-wih
~ 11 ,(~00. 00 ~ No 1 2134b ~
. fort Plerce, florida, _ `~~e 11 19 ~5
fa- value received, I, we or either of us, promise to pay, ~vithout defalcation, to the order of fIR51 fEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIE~2CE at forf Pierce, Florida, Iha sum of S 11 ~ V~• O0 with interest from dnte at ihe rate of8!
7~~yo per annum, i~~ moMhly install-
ments as follows: = 138. QO ~y.~„ 2nth day aF July , 19 75 and a like sum on Ihe corre~ponding day of each moMh there- }
after uroil the whole be fully p~iu. , ~
Each instaliment first sha!I be appiiet~ in payment of the tnterest ancl then on the unpatd balance of tho principa) ium. If defauit is made in the
payment of any instaltment when due, and tuch defavlt continves 30 days, then at the option of tha holder, and without any other notice, all the remaining
~ installme~t• shall be due and p.+yable at once. Priv+lega is given fo prepay ihis note in whole ar in part at any time without penaity. Neither forabearance,
nw accepttnte by the holder ihereof after any defauit in any payment~ hereon, shall be deemed extension. A late payment tharge of ~ 6' thalt be
added to each inslaliment remaining vnpa~d 7 days after itt~dut date, and a like sui.i shall be added to each svch installment re+natning unpaid e~ days after
each succeeding payme~t data
Each ~naker, susety and endorser hereof, iointly and ieverally, waives demand, presentment protest and notEte of protest for no~payment, and further
. agrees to any exte~sion of time of payment, eitfier before or after maturity, without ~otice to any of us; nnd to pay ali costs of collection, including a'
reasonable attwney's fee in the avent of any' default hereunder, and hereby severally ~vaives all benefit of homestead and exemption under the constitution
and laws of eech State of the United States, as againsf this obligation or. any extension or renev~al hereof.
Witness the hand and seal of each party. . , , . ~
, s/Howaxd Acklev ~sea~~
t ( ~ (SEAt)
~ ~ ~ , ~ : ~ ~ ^s/Bunice G. Acklev ~sEa~~
~ 16 . 50 = ) State Reven~e - ' ~ , • - - • . . (SEAI) .
- (Sb~wra~.~r~s~Fhd~~n-Mi~iwsiw~ta ' 't : - i
NOW, THEREfQRE, the MORTGAGOR fot the pur~se of ~icdring payment of said svm of S Z 1~~~ • and the pErformance of the .
covenants end agreements hereinafter ezpressed, and for d~vers`gbod and vafusble Fonsiderations, by these present~, dces gront, bargain, sell, remise,
retease, convey and confirm unto the MORTGAGEE, its svccessor: and assi9ns, all ihat certain lot, piece or parcel of land, ~ituate, lyiny, and bein~ in the
. County of St . LL1C1Q and State of florida, de~vibed a• follows:
Lot 13, Block 18, RIVfi[2 - PARK, UNIT. 2, accor~ing to the plat thereof on f ile in
Plat 3ook 10, Page 72, Public Records of S~. Lucie County, Florida, ~
5/~~ D~i ~ S - ~')C%~~~ .
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- ' ' ' ' ' . , , - RECEWED •'Z o~ • ~ IN PAYMIE?IT QF TN~S ~
_ UUE ON CLASS C ~NTAHGIBLE PERSONAL PROPERiY. `
:~n ~{j(t$VANT TO CHAPTER 71•134, ACTS Of 19/1. y~ _ .
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S-j~q Ros~t Po?~w?s ~
~r, U~~'U T E.~ CLERK CIRCUIt OOUR7, ST. LUCIE CO., FLA. ;
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together with all and singular the tenements, hereditaments bnd appurtances there~nto belonging or in anywise appertaining thereto, and all rents, i:sues, ~
proceeds and profits accruing and to acvue from said premises, all of which are induded in the above and foregoing description and habendum. }
TO HAVE AND TO HOLD the above described and granfed premises unto ths said MORfGAGEE, its s~ccesson and assiyns forever. And tha said ~
MORTGAGOR for -th~lY - heirs, executors, admi~iitrators and aasigns, hereby covenants wi:h the ssid MORTGAGEE, its s~cces~ors and asiiyru, }
that they `fTQ lawfully seized of the said premises in fee.simpfe; that the same are firee, clear and diuharged from sSi liens and encvrtr ~
brances in law or in squiiy, an~ that th@y w,~~~ a~ th@iY heirs shall warrant and defend tlro title to the same ta the said ~
MORTGAGEE, its iuccessors and assigra, forever against the lawful claims and demands of all penona; ~
PR~VIDED, ALWAYS that if the M7RTGAGOR thall ~ay ~nto the MORTGAGEE the promiuory note hereinbefore described an2 shall !ruly, promptiy ~
and fully perfor,-n, discharge, exec~te, comptete, ccmply wi~h and abide by each and every the •lipvlations, agr..ements, conditiort~ and covenants of s~id .
promifsory note and of this Monaage, the~ this Mortgage and the Estate hereby ueatrd thall cease snd be null and void. " - ~
IT IS UNDERSTOOD that the word "Mortgagor" tvhether in the •ingutar or plural anyw~xre in this AM1atgage, shall be si~gular if one only and
shall be plural jcintly and severally if mare than one, and thai the word "th~~r" as ~sed anywhera ln this Mortflage sM!I be t~ken to mean "his;' "hars,"
a"its;' wherever ihe tantext so implies or admit~. Alw, thst whereve? there it a reference in ths covenants and sgreements herein contained to my of ~O
the partiss hereto, the same shall be canstrued ro meen as well at the heirs, tega) representatives, s~ccessors and as:igns (either votuntary by act of the ~°A
parties or involuntary by operation of the law) of the same ar~d that the covenanti herein contained shall bind and the benefits and advantagr_ fnvre x -
ro ihe respective heirs, legal representativei, succr~sors and as:~gns of tfie parties hereto. ~
And said Mortgagon, for themsslves and their hein, legsl repreuntatives, auccessors snd assigns, hereby jointly ~nd severally covenant and eyree 1'~
to and with the isid MORTGAGEE, its successors and asiiym: ~
1. Ta pay all and singular the printipal and interest snd the vsrious and sundry wms of money payable by virtve of said promissory note, and thii ~
morigage, each a.~d erery, promptly o~ the days respectively the same ieverally become due. , ~ '
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2. To pay all and singvlar the taxes, essessmenh, laviei, lisbili+ies, obligatiau and enc~:nbrsrxa of every naturs and ktnd rsow on said desaibed
property, or that hereafter msy be i.~nposed, s~ffsred, plsced, tevied, or auessed thetton, or that heresfter may ba levied or ssiessed upon this Morty- ~
age, a the ir.~febtedness secvred hereby, each and every, whe~ due and payab!e, xcordiny to law, bcfore they become delinquent~ and before any_interest
_ attaches w any penalty is encurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAl4M1E SHALL SE PROMPTLY SATISFIED AND DISCHARGEd OF V s
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (Sl3CH A5, fOR INSTANCE, THE TAX RECEIPT dR THE SATISFACTION FAPER OFFICiALLY ENDORSEC ~
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MOit?GAGEE Y/ITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaT a~y thereof is not
paid, sat'sfied and discharged sa:d MORTGAGEE may at any time Pay the same or any part thereof without waiving or affecting any option, lien, equity p
.igh1 under or by virt~e of this mortgage and the full amo~nt of eacn and eve.y svch payment shall be immediately dve and payab{e snd sha{I bza? interest
irom the date thereof until paid at rate of nine per centvm per ann~m and together w~th such interest shall ~e sec~red by the lien of th:s morgtape.
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