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THIS INDENTURE, Made the 1Hth day of `~uRe 'A.D. 19. ~S~ bct~veen
• Robert U. Gladwin and Christine C. Gladwins his wife
of St . i-UC 1@ , Counfy Florida, herainn(tci des~gnatecl as tt~e "~~;ORTGAGOR," and FIRST FIPERAI SAVINGS AND LOAN
ASSOCIATION OF FORi PIERCE, a corporation organized and exisli~g under the laws of thr United Statos of America and heving ; s principal placa of
business in Ihe City of forl Pierce, St. lvtic County, florida, hereinafler d~signated as the "h10R1GAGEE."
t_ ~.n• ~i.n - •4. l~~DT~A~CC i 15 QO
~:~~C~~:.S ~~~o ~~;..~.C.'..,..~ . . . - _ s. a~_~-. ~ood and la~vfvl nio~~cy of ihe Un~ted
S~ates adva~ued by ihe ~.10RTGAGEE u..ro ~~~e h10RTGAGOR, as eridanced by a cena~n promissory note of even date herew~th, of which the following in -
tvords and fig~res i3 a true copy, to-wit: •
S 15 . Qoo , oo No ~.0o21a 11
Fort Pie?ca, Florida, Ju ~e 1~ 19 ? 5
For value received, I, ~ve or either of ~s, F~romise to pay, without defaica~~on, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE at Fort Pierce, f~orida, the sum oi 5.._1 5}~~~, _ wilh interesl irom date at thc ~ate ot y°.o per annum, in monthiy install- ~
t
ments as fol!ows: 5--191_. ~O o~ iha ?pt
h day of Ju ly 19? S~ anJ a like sum on the correspond~ng day oF each me~th the~e-
after ~Nil the ~vhole be (ully paid. . .
_ Each inst~ll~neat first shall be ap+~fird in payment ef rhe interest anJ +hen en the unpaid balance of the princlpal sum, If de(ault is made in the
payment of any i~stat6nen? when due, and su:h defauU continues )0 days, then a~ the opt~on of the holder, and without any other notice, al~ the remaining
installments shall be due and pay361a once. Privilega is given to prep~y this nole in whofe or in part at ar,y t~me wi~hout penalty. Neither iorebearance, ~
nor ac<eptante by the halder thereof afte. any default in any payments hereon, sh~ll be deemed extension. A latc payment tharge oF 5--4-~-~~, sha:l be i
addcd to each instaliment remainLig unpaid 7 days aFter its due date, and a I~ke sum sf,all be addcd to each suc~ installmeN remaining unpaid 7 days after f
eaih sutteeding payment date. _ 1
Each maker surety and rnc~orser hereof, jointly and severally, waives dema:~d, pre"sentment protest and notice of protest for nonpayment, and further
agrees to any extem~o~ of tin:P of payment, either b~fore or atter maturity, v~i~f:ovt no!Ice to anp of us; a:id to pay aU wsts of colls:tjon, induding a •
reasonable attorney's fee in th_ event oF any default hereunder, and hereby severally ~vaives all beneiit of homestcad and exe.mption u~de~ the tonstitution
and laws of each Sfate of the Ur.itrd States, as against this obGgation or any extens~on or rener~al hereof. ~
Witness Ihe hand and seal of each party. ~
~ r~ v, ~„S/~ Robext U. Gladwin (SEAI) i
. ~
- . - > ($EAL) ~
Chri-stine C. Gladwin (SEAI)
. (SEAL) z
( 522 . S~ ) State Reve~ve ' • . • ~
~tSa~ta[sc9apvd~t~aax~cio5e~d~cnC~c • , ' . . , ~
NO'N, THEREFORE, the AIQRTGAGOQ for the Furpose of sec~ring •payment of sa~d sum of S and the performance of the ~
covenanl: and agreernents here~nafter expressed, and for divers good and valuab!e considerations, by these presents, dces grant, bargain, sell, remise, ~
releaie, convey ar,d confirm iinto the h!QRTGAGEE, its successors and assigns, all tl~at certain loT, piete or parcel of land, situate, lying, and being in the i
County of St._Lueie , and State o( florida, des:ribed as follows: ~ f
~
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- ~~Z'`~-.S/~ " ~%c~1C~~-- ~Z '
Lot 1, Block 1, ~t. E. GOLDS~tITH' S SUBDIVISION, as per plat thereof on :
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- file in Plat Book 2, page 6 of the public records of St. Lucie County ~
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~~&F P~Rgp~M ~ a~AXES
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- - G'~RK CI ROGf1~ ~~TS OF 19/1. ~ _ ;
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together with all and sinqular the tenements, hered~taments and appurtanies thereunto belonging or in anywise appertaining fhereto, and all rents, issues, _
- proceeds and prof;ts accruir.g and to accrue from said premises, all of which are irxluded in the above and foregoing description a~d fiabendum. -
TO HAVE AND TO HOLD the above des!ribed and granted premises unto the said MORTGAGEE, its s~ccessors and assigns forever. And fke said ' - ti
MORTGAGOR for -thelr----_- hein, executors, administrators and assigns, hereby covenantc with the said MORIGAGEE, it• wccesson and aisign~, ~
that -th~X__a~e--- lawfully seized of the said prem~ses in fee simple; that the same are free, clear and discharged from all liens and encum- {
brances in law or in equity, and that they W~~~ a~d their heirs sfiall warrant and defend the fitle to the same to the said ~
htORTGAGEE, its successors and assigns, foreve~ against the lawful daims and demands of all peraonr,
PROVIDED, AIWAYS that if the htORTGAGOR shall pay unto the MORTGAGEE the promissory note heteinbefae described and thall truly, promptly o~ ~
and fully perform, discharge, exetute, complete, comply with and abide by each and every the stipvlatio~s, agreements, conditions and covenantt of taid o~7 :
promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be ntrll and void. ~ ~ ,
IT IS UYD~RSTOOD that the ~vord "Mortgagor" wfiether in the singular or ptural anywhere in this Mortgage, shall be singular if one only and ~ f.
shall be pf~~ral jointly and severafly if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "hii;' "hen," !
or "its," wherevet the conte:t so implies or admits. Also, that whereve: there is a reference in the covenant: and agreementt herein conlained to any of ~ ~
the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, s~ccessors and assigns (either voluntary by •d ef the ?
parties or involvNary by operation of the law) of the same and that tne covenants herein contained sh311 bind and the benefits and advantages inurt ~
to the respective heirs, legal representatives, successors and ass~gns of the parties hereto. r~ ~
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- And said Mortgagors, for themselves and their heirs, legal representatives, svctessors and assigns, hereby jointly and severally covenant and agree ;
- - ta and with the said MORTGAGEE, its successors and assigns: ~ ~
i t.
i 1. To pay all and singular Ihe p?irxipal and interest and the variovs and sundr/ svms of money payable by virtue af said promissory note, aad thit ~ ~
; mwtgage, each and every, prompily on the days respectively ihe same uve~ally 6ecome dva _
2. To pay all and singular the taxes, assessmenrs, levies, Iiabili~ies, oWiga?ions and enc~mbrances of every nature and kirtd ~ow on said desuibed
property, or that hereaFter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied ot ass~ssed upon this Mortg-
age, or the indebtedness secured hereby, each and every, when dve and payable, according to law, before they become delirtquent, and before any interest
attaches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROM?TLY SAiISFIED AND DISCHARGfD OF
RECORD AND 7HE ORIG1hAl OFFICIAi DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALlY ENDORSED
; OR CERTIFIEU) SHAtI BE PtACED IN THE HANDS OF SAID MORTGAGEE WIiHIN ~TEN DAYS NcXT AFTER PAYMENT; and in the evenf ffiaf any thereof is not
~ paid, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part fhereof without waiving or affecting a~y option, lien, equity or ~
' •iqht vnder or by virtuc of Ihis mortgage and the full amovnt of each and every svch paymenl shall be immediately d~e and payable and shall bear interesl
~ F~om the date thereof until paid at ~ate of n~ne per centum per annum and together w~th such interest shall be sec~red by the lien of th:s morgtage. _
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