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THIS INDENTURE, Ma3a th.__._ bth d. of DeCe>acber A.D. 19 62 betw~w+
William We Arnol'~ and HI"?•}'art L. Arnold, his xit'e~
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of St • YGie -. Canty Ela~a, hsrein.f»r detigrs.ted :• tM "iY1tJRTGAQOR," and flRSi FEDERAL y~VifJGS AND WAN
ASSOCIATION OF FORT PIERCE, s eorpantirxs orpan:ud and existing vrsda tAe lotus of tM (!nlted S!atsa of Arner:ca and MvYsp th prtntipal place of
business in tM Chy of fr;,rt Pier'ct, St. 4ude Caunry, Florida. fsertlrsaftsr deel9nattd M tM '":TGA E." .
WHEREAS tM MJitTGACrG1R h justly indebted ro tM MORTGAGEE in tM x,rts of i-~~~`"'~ a ~~ ., good and lawiui r*roney of tM tlntted
Statet advanced by the MORTGAGEE unto tM MORTGAGOR, as evidenced by • certain promissory note of oven date Mrewtth, of which tM fol~owirq In
words and figures to a true copy, to-wit: ~ 7 7
~ 2's ~ 000.00 No 1 6
Fort Pietro, fields, . D e er e>!lb e r 6 e i q 2
For wlvetrat:aived 1, ors a either of us, promiN to pay, without defalcation, ro tM order of MRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, tM sum~of f~.y~~ 00~T' ~0 with IniLsre~st from date at tM rate o4 ~% per annum, in monthly install-
ments ns follows: 1;11 s00 on tM lOthday of ~l ~u82'~_ 14_St_~_ and a like wm on tM corresportdinq day of each rtwnth there-
after until the whole be fully paid.
Each installment first shall be applied in payment of rM interest ertd tMn on tM unpaid balance of tM pri.~tipal sum. if defsuN Is made in tM
payment of any installment when due, and such default continues 30 days, then at tM opton of rM holder, and without any other notice, all the remaining
insrallmenH shall be due and payaf,is et once. Privilege Is given to prepay this note in whole a In part at any time without penalty. NjiO:~~baarance,
nor acceptance by rho holder thereof after any default in any payments hereon, shall be deemed •zte~sion. A late payment charge of S shall be
added to each installment remsining unpaid 7 days after Its cue date, arx{ • Ilke wm sMll be added to oath wch insUlimant remaining unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorur Mreof, (ointty and severally, waive demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extentbn of time of payment, either before a after maturity, without notice to any of• ust and to pay ell costs of collection, Including a
reasonable attorney's fie in tM event of any default Mraunder, end F.ertby severally waives all benefit of homutead and exemption under tM constitutbn
end laws of each State of tM United States, as agsinst this obligation a any extemion or renewal h~reof.
Witness tM Mnd and seal of esch parry. ,
sI William w Arr~Old ~Ai,
~` ag~bara L. Arnold ~E,,,u
2 •00_) State Revonw
I ed i I t )
(sEAI)
(SEAu
(Stamps once i an a!fl nor ra e
NOW, THEREFORE. tM MORTGAGOR for tM 2 000 a 00 - and the p.rformancs of tM
purpose of securing payment of aid sum of i.~
covananh and agrpmenh Mreinaher exprssaed, and for divers good and velwble conslderatlona, nY thaw prearth, does grant, bargain, tall, remise,
release, convey and r;onfir.~t unto tM MORTGAGEE, Sts wt:ceasors and assigns, all Shat urtdn bt, Pisa a petal of land, sitwte, lying, and being In tM
~,nry of S t . Lucie ,and State of FbAda, dewibed w folbwu
The 3 of the SW ; the S~ aP the NE~ of the SW~;
the 3 of the NE of the NE~ of the SW~; and that
part of the NWT of the SX lying south and east
of Ten Mile Creek (Ditch 71 , all in Section 30,
ToT.mshi 35 South Rein e 0 East./- LESS that
part ofpsaid S~g o~ thegNE~ of the NL~- of the SW~
lying Nor~~h of 10 mile creek (Ditch ~71).
+ //r ~ ~• , ~ t
•., r,v,rud
together with all and singular tM tenements, Mraditemenh and appvrtences t!wraunto b_irnging a to anywise appertalntng thereto, and all nnh, lassies,
pr«eeds and profits acuutng and to stove from said premisu, all of which are intlurled in tM sbow artd foregoing des,xlption srtd habendum.
TO HAVE AND TO HOLD tM above desaibad slid granted premise unto iM said MORTGAGEE, its wrzassaa srt<i assigns forevtr. And tM ask!
MORTG~:~j~a ~hci~ Mtn, execvtas, adminbtnton srxl assigns, hertby covananh with tits said MORTGAGEE, Its svccaeaors and usiyro,
that --~++~J- Ar ® lawfully seize~dyof~ t~M aid premises in fat eknpt+t tMt tM same are froe, steer and diuharged from sit Ilona arwi ertcwir
broncos in lave a in equity, and tMt_ will aril their heirs shall warren! and defend tM title to tl+o same to the said
MORTGAGEE, Its ssxcesscvs end assigns, forever agal.-gat tM lawful claims and demands of all wreont!
PROVIDED, ALWAYS that ff tM MORTGAGOR sMll pay unto tM MORTGAGEE rise promfuory note hutinbtfae decribed err! steal! tr.;Ey, t.camptiy
end fully perform, di+.elsarga, rxecuh: complete, comply with and abide by eack end curry tM st:pvlatiora, sgrearnents, tanditaxu and covenants of said
promissory nose and of this Matg~ri, trtien thb Mortgage and tM Eatstt hutby txeated ~I case and bt null and void.
IT 15 UNDERSTOOD that tM warcl "Mortgagor" wMthtr M tM singvbr a plural anywMre to t~ Mortgage, shall b# drtgubr if one only and
shat) be p+ursl jointly Ind severally if more flan one, end that tM wad "t Mir' es used anywMte in thin Mortgage shod be taken to meat, "his," "teen,"
a "its;' wherever the context so implies a admits. Also, that whetevsr there u a refsrerrce in tM cownanh and agreements herein contained to any of
tha parties Mreto, tM san+e shall be construed U rnaan a well w iM Min, legal repressrrlsthrte, wccesawe and assigns (either voluntary by eh of tM
parties or involuntary by operation of tM law) of tM tame and that the rbvtnants horeM contained shaft bled and tM berteflh end adrantagss Inure
to the rupectivs Min, Ips! representatives, succeaon artd assigrss of tM parttee Mreta. -
And said Mortgagors, for themselves and~their.Mira, Segal represern~tiva, wsewora arxf aasigru, htreby birttiY and aewrally covsnaM and agree
ro and with tt said MORTGAGEE, its sueuasaa end assignu
1. To pay oil and singular tM prin;ipal end interest and tt+t various and twndry a+ima o!f trsoney payable by virtw of aid promitsot'y rtott, end thh
mortgage, each and awry, promptly an the day! tespeetivedy the sane tevtrafly tt~ecor+ss tfw.
2. To pay all and singular ilea taxis, ust>samenh, levies, tiabiiitks, obdigat#or+i and erscsth'tbrirtcas of avtry natwt and kind now on said dacrlbed
property, a that Mreafter may be im;+•..rd, wffeted, placed. lw.Ld, or aaaesatd tMraort, a tisaT htreaftet may be levied a estssaed upon this Mortg•
age, or the indebtedness saluted Mreby, oath acrd avtry, wha» dap and payable, stxord~ to taut, befit they laec®+tta delkpvent, and btftxo arty intirKt
attuhes or any penahy is incurred; .4N0 INSOFAR AS ANY THEREOF IS OF Rt~'ORD THE SAME S.4ALL BE PROMAhY SATISfiED AND DISCHARGED CF
RECORD AivD THE ORIGi"iAl OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCk, THE TAX RFGEt#rT OR TiiE ysT15FACTlQN PAPER OFFiCiAILY E~1DOR5i0
OR CERTIFIED) SHAH tiE PLACED Irv THE HANDS Of SAID MORTGI_GI:E WiTTit:i TEN DAYS NEXT AFTER PAYMENTi and in tfia evert that -any thereof b rat
paid, sat'sfied and discharged <aid MORTGAGEE may at any time pay. tM aartw tar any part rfeereof wittoo~i waiving err etfscti,tg arty option, fie;; equity a
right under cr by virtue of this tnortgsge ;rx; the full amount of each and tYary arir pay+rertt shall ba imnuadiately due and payable and shall 6tar interest
from ins data thereol until paid at rate of nine per u~tvm par srtnum and togettar' vvifh lush interest shall fee stcured by 1M lien of rte?s rtargtage.
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