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TH!S INDENTURE, Made the ~~th day of _____s~$Y111~~1'~- - A.D. 19-~b be~~veen ~
iiau~~.~_~r~s 1'i;.~i:,iu Gal~c~~,, ~ ~i r~~~A~„1 ~ ~ ~
of j'Lt ~U(2{ ~ County Flo~ida, hueinafter detlgnated a~ ihe "MORTGAGOR," and FIRST FEQ[RAL SAVINGS AND IOAN ~a
ASSOCIATION OF FORT PIECCE, e corporation organized and existing vnder iha (awt oF the United Staios oi America and heving itt principal p(ace of }
businets tn the City of Fort Pierce, St. tucie County, F~orido, hertin~fter desfgnated ss tha "MORTGAGEE." i
WHER~AS the MORTGAGOR ii jv~tly indebfed to tha MORTGAGEE in the sum of j 7{i.~~~• , gcod and la~iful mo~ey of ihe United
States advanced by tha lAORTGAGEE unto tne h10RTGAGOR, as evidenced by a certain promissory nota of even date herewith, of wh;ch !ht foilowing in
words and ligures is a tr~e copy, to-tivit: '
7. 50~. 00 ' No 13, 268
forf Pleru, florlda, Sanuary 10! 19 ~
For ~alue rece+ved, 1, we or either of vs, promise to pav, without defelcation, to the ordrt of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PlERCf at Fo~t Pierce, Floride, fhe sum~ o~±f ~S~7,, X~~0 ~ ~0 with inteLreLst from date at Ihe rote of ~ °ro per annum, in monthly install• ~
ments as follows: G1~.. on the .i~2411 day of ~'abrua_r~ , ~9~3~SL_ and a IiAe sum on the corresponding day of each month there- ~
after until the who!e be fully paid.
Each installment first thall be applied in payrne~t of the interesl and then on the unpaid batante of the principal sum. If default is made in fhe ~
payment af any installment when due, and such default conlinves 30 day~, then at the option ef the nolder, and without any other notice, all the remaining
installments ihalt be due and payable at once. Privilege ~s givrn to prepay thi~ note in whole or in part at any time without penalty. ~Neither forebearance,
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nor acceptanca by the holder thereof aiter any default in any paymenl~ hereon, 3ha11 be deemed extension. A late payment charge of 1~, •hall be ~
added to eath installenent remaini~g unpaid 7 day~ after its due date, and e like tum shel! be added fo each such installment remaininfl unpaid 7 dayt after
sach :~cceeding payment drte. .
Each maker, surety and endorser hereof, jointly and severally, wa~vas demand, presentment protest and nofice of protest for nonpayment, and further
agrees to any extemion of time of payment, either before or afler maturity, without not~ce to any of us; and to pay all costs of collection, including a
rrasonable atto~ney's fea in the event of any deFavlt hereunder, and hereby severally ~vaives all benefit of homestead and exemption ~nder the centtitution =
and laws of each Stnte of the United States, as against this obligation or any extension or ranewal heFeof: - ;
Witness the hand and seal of each party. ~ _ ~
s f Madeleir~~ Virgin~.a Gallo~~ ;
8 B~I~,"~~ A(~U~.ti (SFAI) ~
($EAL) •
~ ~-1 ~ ?~j ) State Revenve ~5~~~ ~
(Stamps cencelled on original note) ~
NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of seid sum of S 7+ ~Q~i00 , and tha prr/ormance of ths
covenanls and agreements hereinafter expressed, and for diveri good and valuable consideration~, by these present~, dxs grant, barqain, •ell, remise, ~
relea:e, convey and tonfirm unto t~e MORTGAGEE, ift ~uccesaors end atsigns, ell that tertain lat, piece or parcel of land, situate, lying, and being tn the ~
County of Saint Lucie end State of Florida, da~uibed at followt:
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Lot 2, Bloak 13, FORT PIERCE BEACH SUBDIIIISION, accordin~ to the revised ~
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nlat thereof recorded in Plat Book 8, nage 29, public rscords of Saint ;
Lucie CountY, Florida,
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as .l 1e J~~,f ~~.c ~altacto cn ccti:PTAOLIER :
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St. L~ ~ P~3. ~9oias ~
DEPU7Y C~ERK ~
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together with all and singvlar the tenements, hereditaments snd appurtance: thereunto be(onging or in any:vite appertaining thereto, and all rants, iseuef, '
proteeds and profit~ accruing and to accrue from said premi:es all of whi;h are inctudcd in the nbove and foregoing deuriptian and hnbendum.
TO HAYE AND TO NOLD the above described and granted premises urito ti?e :aid MQRTGAGfE, it~ •uccessors and asslyns forever. And 1M asid
MORTGAGOR fu heira, executon, adminiitrotors arsd assigm, her~by covenania witb tha si3d MORTGAGEE, its Eucces~ors and aaiflru, ~
thal lawfutly seized of the caid p~emi}e~ in fee ~fmple; thst ths s~me are free„ clear and discharged from a10 liens end encurtr !
brances in iaw or in equity, end th~t will and er heir= shall warrant and dafend tM title to the same to tAe taid '
MQRTGAGEE, iti successors and assigns, forever against 1M lawful tlaiml and demandt of all perionas ~
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PROVIDED, ALWAYS that if the MORTGAGOR :hall p~y unto the MORTGAGEE thQ p~omieiory note hereinbefors deiuibed and shelt truly, promptty !
and fully perform, d~scherye, fxecuta, comptete, compty with and sbide by eath and every the itipul~tionf, agreerleent~, tondittont and covenanta of said ~
prom;ssory nate snd of this Morigage, then thi• Mortgage and the Estate hereby ueated sh~ll ceass and be nvll and voiG. ~
IT IS UNDERSTOOD thal the wwd "Mortya~or" whNher in the ~inyular or plura) anywfiere in this Mwtyago, ~~~II be sinyular if one only and ~
thall be plural (ointly •rxi severally if more than one, and that the word "their" at uted anywhere (n lhis Mortyage:hal! be taken to mean "hi~;' "hers;'
or "its;' wherever the co~text w implies ot admit~. Alsa, that whereve~ there it • nference in tha covernnts and n9rcemenlt herein cont~i~sd to eny of (
the parlies hereto, the uma shall be construed to mean •t well as the heiri, leyal r~present~tivet, svcceisori and auigns (ei'her voJuntery by •d of tha #
parties or Involuntary by operation of ths law) of the i+me and that tha covanants herein conttined shall bind ind ths benefit~ and advantsyes inur~ ~
to the rnpective be;n, Itg+l roprexntstivet, ~ucceiwn and aaign: of the partiei hereto. - ~
' And satd Mortgaporf, for themsetves and tMir heirs, leya) representatives, succeswra and assigm, hereby jointly and severalty covensnt snd +qree
to and with tt~p ~id MOR7GAGEE, itt ivcceisort aRd euigru: ~
1. To pay all and tinyular the p?incip~l ~nd interest and the ver'rovs and ~uodry •um: of money paysbte by virtve oi ~aid promiifory nole, +nd this ~
mortyege, e~ch and svery, pramptly on the days r~ipectively fhe ~em~ sewrally becom~ due.
Z. To pay a!! and sinyula~ the taxes, •iieumsnts, levie~, litbilitiet, oblig~tion: and encvmbnnces of evsry nature and kind oow on said deuribed ~
praperty, or that herafter may be impo~ad, wffered, plited, leviad, w stsessed theraon, or that he?eaftsr may bs levied or si~esKd upon thts AAort ~
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aye, or tM lndebtednais eec~rad her~by, tacA and evsry, when dv~ ~nd payable, xcordtr?y to law, before fhey besome detinqvent, and before any tnt~re~t ~
aueches w ~ny penalty is iruvrrrd; AND INSOFAR AS AN THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISfIEO AND DISCHARGEU OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUC~ AS, FOR INSTANCE, THE TAX RECEtPi OR THE SATtSfACTiON PAPER •OFfIC1AltY ENUORSED
OR CERTiftEU) SHAII BE PLACED tN Tkf HAMDS OF 5/1!D MORTGAGEE WITHIN 7EN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is ~ot ~
paid, sat'sfied and dittharged said MORTGAGEE may at any time pay the same or any part fhereof without waivinq w affectiny any oplion, lien, equiry or ~
.ipht under or by virl~e of this mortgsge and the full amounl of esch and every iuch payment sh~ll bt immediatety due and payable snd shall besr iroerest {
~.om the date thereof urttil pa;d st rate of nine per centum per annum and toqether with such intere~t shall be secvred by 1he lien of th:s morfltage.
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