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?HIS INDENIURE, fiAade thnti 21_~.~____.__th day of Mav A.D. 19 6~ bstween
Al~er Sj2a~rs arid E a M,_,_,S~ears, his wife ~
of SA ~ 2'1 t LL Co~niy Flo~ide, hereinefter des" nated as the "MpRTGAGOR," end F1RSi FEDERAL SAV~N AND L~N
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ASSOClATlON OF FORT PIERCE, s corporslion oryani:ed and existing undtr the laws of th~ Unite~d 5tet~e of America and heving its principal plate of
busin~is in ths City of FoN Pi~rce, St. lucie Coumy, Flwida, hereinafter desiynated as rha "Mt~RTGAGEE."
WHEREAS iF+~ M.ORTGACrOR is jwtly indtbted to ths MORTGAGEE in the ~um of S___L.~~{~Da~~ , good and lawfut moncy of ti~e Un;ted
5rete~ adve~ctd by the MORTGAGEE uma the MORivAGOR, as evidenced by e cerrain promiasory rote of even date herew~th, of which the following in
words end figuret it a tru0 copy, to-wit:
~ 2, ZQO.00 No 12, 796
Fort Pisrce, Florida, Ma~ ,r19
For va~~e receivad, I, we or eithar of us, promise to pey, without defatcarion, to fhe order of FIRST FFDERA! ~SAV.I~N~G±S AND IOAN ASSOCIATION OE
fORT PiEKCE at Forf Pierce, Florida, 4he sum of E---.~.~~Q~~Q~__ with interest f~om date a! the rate of~l~Sz~o per annum, in monthly install-
ments as fol`ows: E,-~Q~.-. ~n thel~~l_ d~y of .r111-~f , 19~ and a like sum on the correspond~ng day of each month there-
after until rhe whole be fully paid.
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If default is made in the
payment of a~y instattmen! when d~e, and s~ch defauft continues 30 days, then at the optinn of the holder, and witho~t any ot!~er ~otice, all the remaining
installments shall be due and payable at once. Privilege is given to prepay this note in whale or in part at any time without penalty. Neither forebearanc>,
nor acceptance by the holder thereof af~er any default in any paymtnta herean, shall br deemed extension. A late payment charge of 5-~-~?~, shall be
added to each ir,stalfinent remaining unpaid 7 days after itt due date, and a like ~um shal! be added to each tuch installment romaining unpaid 7 days a'ter
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, preser,tment protest nnd notice of protest for nonpayment, end further
agrees to any extension of time of payment, either beiere or after maturity, wirhout notice to eny of ~s; and ro pay al; ccats oi co!lecrion, includ~ng e
reasonabfe attorney's fee in thz event of any default hereunder, end hereby severaily waives ail benefit of homestead and exemption under the constitution
ar.d I~ws of each State of the United States, as against this obligation ar any eztension or renewal hereof.
Witness the hand and seal of each party.
~f Alhert ~neara (SEAI)
_ s,/ Ell ~ M. e e ~ tsEA~)
(SEAI)
( ~ • ~ ~ ) Stafe Revenut (SEAI)
(Stamps cancelled on origirsa! no~e)
NOW, TFlEREFbRE, the A~GRTGAGOR for the purpose of sec~ri~g payment of said sum of j_~.~..~~~. and the performance of the
covenants and agreemenrs hereinafter expressed, and fo~ divers good and valuable conaiderotioni, by these pretents, does grent, bargain, sell, rem;se,
refease, convey end tonfirm untn the MORTGAGEE, its sutcessors and assigns, eIl that ce~tsin lot, piece or parcal 04 Innd, situate, lying, and being in the
County of ~~~rit Lue ie end 51ate of Flo~id~, deicribed a~ followY:
Lot 17 of RICHRRD ED`~'NRDS SLT~iDiVISTON, as p~r plat thereof on file in
Plat Baok 10, at nage 1, of the public records of St. Lucie Countv,
F'larida,
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DU::~r, -`-'Y,` ~•HAP7ERZC7 ';°~-v`' ~ T~ QF F~f`
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,.,~~,.~ti; `~,~.4. Clrcuit
y' . *'r^r'~"r~ev~! ~Tc~MP 7AX
Rn~,~R : ;l t~. ~1~~`FS 5 Z ~ Oow ~
as A~~t ~cr ' - ~r 'i ~ ' N11tTdS ` -
p
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s~, ry / _
H ~ CQMPTROIIER „
~ ~ DEYUiZ r~:.~
}~~,190158 oa~ '
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together with all and singular the tenements, hereditbmcnts and appurtances thereunto belonging or in anywise appertaining thereto, eAd all rent~, iuues,
procteds and profitY atvuirtg and to accrue from said premises, al! of whith are included in the above and fwrgoing description and habendum.
10 HAYE AND TO IiO~D the above deicribed and grented prem3ses unto the seid MORTGAGEE, its tutteason and assigns forevar. And ihe taid
~ MORTGAGOR for --~~r------- heirs, executors, administratort and aasigns, hereby covenants with the said MORTGAGEE, its successon and auiym,
that ~i~~--~'-~-- ~awfully seized of the said promises in fee simple; thet the same are free, cleer and discharged from all litn~ and encurtr
brnncex in law or in equity, end that~= will and t~e~?~_____.____,_ heirs •hall werrant and defend the titte to the same to the said
I`,AOfi7GAGEE, it~ tu.tessors and essigns, forever egaintt fhe lawful claims and demsnds of al{ persons;
j PROVIDED, AiWAYS tha! if th~ MOftTGAGdR shall pay unto the MORTGAGEE the promissory note hereinbefore dettribed and shall truly, promptly
j and fu~ly perform, d~scharge, execute, complete, com~rly with arsd a6ide by each end every the ~tipulationi, agreements, conditions and covenents of said
~ promissory note and of ti~i• Mortgage, then this Morfgage~ end the Esres_ hereby created theN sesae and be null and void.
~ Ii iS UNCERSTOOD ihat the word "Mortgagor" whether in the singvlar w pluro! anywhere in this Mwtgege, shall be singular if one only and
i shali be plural jointly and teverally if mcre ihan one, and tha! tne word "their" as used anywhere in thi~ Mcrtgage the!I bt taken to mean "hit," "hers,"
or "ita," wherever the tontext ao irriplies or admits. A(so, that whereve~ there is s referente in the covenentt and agreemeryt here;n contalned to any of
the parf;es :~rreto, the same thaii be conatrued to mean as well as the hein, leyal representatives, successors and assigns (either voluntary by act o4 the
partiex or involuntary by operation of the law) of the same end that the cove~~ants herein cor.tained shall bind and the benofits and advantagef ir.un
to the respect9ve heirs, tegal representatives, ~uctesien aRd ass~gns of The psniss hereto.
And aaid Mortgagon, for them:elves end their heirs, lega) representatives, •ucce~sors and assigni, hereby joinHy and severally covenant end agree
to and with the said MORTGAGEE, ita successora a~d assigns:
1. To pay all and sin~uler the principal and interest and the verious and su~dry sums of money payable by virtue of seid promiisory nofe, ard this
mc+rtgage, eech and every, prompNy on rhe dey~ ~eipecriveiy 1'ne seme severolly becoma due.
2. 7a pay a!! and ~ingulsr the taxes, assessments, levies, ii~bilities, obligations and encumbrencss of every nature and kind now on seid described
propcrty, or that hereafter may be impoted, tuffered, placcd, levied, or sueistd thereon, or thet hereafter may be levied or assessed upon thii Morty-
age, or the indebtedness seeured hereby, ea:h snd every, when due and payeble, according to lsw, before thev betome delinquent, snd before a~y interest
attaches or any penalty ~s inturred; AhiD INSOfAR AS ANY THEREOF IS OF RECORp T.HE SAME SNALL BE PROMPTlY SATISFIED AND DISCHARGED OF
RECORD AND TfiE ORIGINAL OFFICIAL D4CUMENT (SUCN AS, FOR iN5TANCE, THE TAX RECEtPT OR THE SATISfACiION PAPER OFFiCtAIlY ENDOR5ED
OR CER7iFIE0) SHA11 BE PLACED IN 7HE HANDS OF SAIp I~ApRTGAGEE WITHIN 'iEN DAYS NEXT AFTE~2 PAYMENT; and in the event that any Thereof is rrat
paid, sai'sfied end discharged sa'd MOI27GAGEE mey at any time pay the same or a~y pert thereof witfiout waiving or affecting any option, lien, equity or
.iyht under or by virfue af this mortgage and the full amount of eech and every iuch payment shall be immcdiate!y due and payable a~d shall bear interes~
~rom the date thereof until paid at rate of nina per ~entum per annum snd tagether with such intrrest shall be srcured by the lien of th's morgtage.
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