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THIS INDENTURE, Made the- ~~r'h d y of.___ Ja1~U8Y',~____ , A.D. '.9 66, between
(3eo. ~1. Sherrin ~nd Violet Sherrin, his wife
of S~r_.___L~~e__ _ County, Florida, hereinaiter designated as the "M02TGRGOR,° and CITIZENS FEDERA! SAVINGS AN~ IOAN
AS~OCIATION OF ST. WCIE COUNTY, a corporation organited ar:d existing ~nder the laws of Ihe United Stales of America end having its pri~cipal place
of bur.ness in the City of Ft. P~rrce, St. Lucie Coumy, ilorida, hereinaher des~gnared as rhe "MORTGAGEE".
\NFIEREAv the A10RTGAGOR ~s justly indebted ~o the MORTGAGEE in the sum of S ~ ~
v~~ . , good and law(ul money of the United
Statrs advanced by the MC~RTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of evr~ date herewi~h, of which the iollowing in
worus and iiyvres ia o Irvd tuNy, io•w~i:
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. `QSI---- January 28 "~.~`-~6-
Ft. Pierce, Floride 19
Fo~ value received, I, w•e or e~ther o( us, promise to pay, i~hout defalcalion, to the order of C1112EN5 fEDERAI SAVINGS ~[AND LOAN ASSOCIATION
OF ST. IUCIE COUNTY, at Ft. Pierce, Florida, Ihe suin of S Q~~ • with interest from date at the rate o4~~°o tper annum, 1n
monthly ins?allments as fol)ows: S 11 •~0 on the lOth _day of Mareh ~q 66 and a like sum on the
co~responding dpy of e~ch momh thereafter until the whole be fully paid.
Each insullment f'us? shali be applled in pay~nent of Ihe ~~terest and rhen on the unpaid balance of 1he principal sum. If default is made in the
payment of any installment ~vhen d~e, and su<h defaulr con'inues 30 days, then at the opiion of the holder, and without any other notice, all the remaini~g
installments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penally. Ne~her f ebearante,
nor acceptance by the holder thereof a(ter any deiault in any paymems hereon, shall be deemed extension. A late payment charge of S , shall be
added to each ins.ailment remaining unpaid 14 days atter its due date, and a like sum shnll~be added to each such installment remaining ~npaid ld days
after each succeeding payment date. ,
Each maker, surety and endorser hereof, jointly and severally, waives demand, p~ete~tmert protest and notica of protest for nonpeyment, end furlher
egrees to any extension of time oi payment, e;ther be(ore ur afler maturity, without n~t~ce to any of us; and to pay all cost• of coltectio~, includinfl a
reasonable attorney's fee in the event of any default hereur.de~, and hereby severally waivei all benefit of homeitead and exemption vnder the cor~ititutton
and lawi of each Stete of the United Statei, as against thii obligation or any extension or renewal hereof.
` Witness the hand and seal of each party.
s Ge o. A. She rrin cs~?u
s iolet Sherrin ~5~~~
- csEEnu
( 9 • 00 ) State -Revenve (SEAL)
(Stamps cencelled on original note)
NOW, THEREFGRE, the MORTGAGOR for the purpose of ~ecuring payment of said •um of = 6~ • 00 ,•nd the Nerformence o( tM
covennpt• and agreements hereinafter expressed, and tor divers good and val~able consideratiom, by theto preients, does grant, barg~in, tell, remi:~,
release, convey and confirm unto the MORTGAGEE, it: tuccessor• and as~ignt, all that cerfain lot, piace or percel of lend, ~+tuate, lying, and beinp in tha
~ ~ounry of _ "St. I'uCie , and State of florida, deuribed as fol!ows:
B-~ginning at a point on the West line of the SE,i-, oP NE,i-,
- of Section 35, Township 35 South, Range 40 east, which
= point is 955•36 Peet north of the southwest corner of
~ said SE4 of NE4 oP said Section; Lhence run north along
said t~lest line 100 feet; thence east p~trallel v~d th the
Section line to the shore of IndiBn River, thence in a
southeasterly direction along the shore of Indian River
to a point 955•36 Peet north of the south line of said
SEu of NE~; thence west to the point of beginning, including
riparian rights. Exceptit~g therefrom all rights of way of t
the Florida East Coast Railway and all public roads~
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~ together with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywife appertaining thsreto, and all rentf, issuei, ;
proceeds and profits accruing and to accrue from said premises, all of which are included in the above and ioregoing detuiption and habendum. +
t TO HAVE AND T O the above described and granted premises unto the said MORTGAGEE, its s~ccessor~ and atfigns forever. And ihs satd
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MORTGAGOR for heirs, executors, administfarors and assign~, hereby covenantt with the seid MORTGAGEE, its tvccessors end aiti9ns, ~
that ~Z~- lawfully seized of the said premiset in fee simple; that the same are free, clear and discharyed from all Ilens •nd tncvm- ~
brances in law or in eq~ity, and that }+h~~ will and the i r heirs shall warrant and defend tha title to the tama to the tsld S
f MORTGAGEE, its auccessors and assigns, fo~ever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS thal if the MORTGAGOR shail pay unto the MORTGAt~EE the promissory note hereinbetore destribed and shall tr~ly, promptly
and fully perform, discharge, execute, complete, cornply witn and abide by each and eve?y the stipulations, sgreements, tonditions end tovenants of ttid
promissory note and of this Mortgage, then this Morfgage and the Estate hereby created shall cease end be null end void. i
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurel anywhere in thi: Mortgage, ihall be sinyular if one orily ~nd ~
shall be plural jaintly and severally if more than one, and that the word "their" as vsed anywhere in this Matgage shall be tsken to mean "hii;' "hen;' j
or "its," whtrevet the context so implies or admits. Also, thal wherever there is a rcferente in the covenant~ and agreements herein contained to eny of j
tha partiss hereto, the same shall be construed to mean si well at the heirs, legal representatives, avccessor: and aisiyns (~ither volunt~ry by act of th~ !
parties or involuntary by operation of the law) of the same and that Ihe covenants herein contained shall bind and the benefil• and sdvsnt~gti tn~rt ~
to the retpective heiri, legal representati~es, successors and assigns of the parties hereto. }
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