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THIS INDENTURE, Mad~ th~____-_~,,a~l_-dey of__ ~l,~ne_ ~ `9 ,b~t~y~hn
~ni1d Sc hu raa~~n and Be a a i a~ Sc
hu
r~ann,;~-h3 e_w i~ie
- - - - - _ -
of ~__~:~t
_ ~,au~-3~ _County, f!or~de, Fereinefter desiynstrd es the "MORTGAGOR," end CtTIZfNS FED~RAL SAVINGS ANO LOAN
ASSOCIAIIL~N OF ST. WCIE CdUN7Y, a corporation organixed end exisifng under the lews of the United Statet of Americs an~ having if~ principal place
of b~ninasx in the City of ft. Pierce, St. L~cle Co~niy, Florida, hereinafter deaignated ai the "MORTGAGEE".
WHEREAS the MQRTGAGOR is j~stly indebted ro the MORTGAGEE i~ the tum of f._ 7~2Q~~Qd , good end lawful n,oney of ~he Unitad
Stat~s advanced by the MORTGAGEE ~nto rhe MORTGAGOR, a~ evidnnced by a certain promissory r,ore of even date herewirh, of whi<h the followinp in
words and fiq~xe~ i~ a true copy, tawit:
:____~~2~ _ No.-~~--
fI ft. pierce, Florida Junn , 19 6~
; For value received, I, we or e~ther of ua, promien to pey, ~rvithaut de/aicetion, to the order of CITIIENS fEDERAL SAVlNGS AN LOAN ASSOCIATION
t Of 57, IUCIE COUNTY, at Ft. Pierce, fl~ride, the wm of S~.y2Q~,n~ wiih inleroat from date at the rate o~f~C~ per annum, tn
monthly in~reitmeMS e~ for(~wa: i ~1 on tfi~~~~ay af~~~lt- 19_3L.~ and e like sum on the
corrtsponding day of each month thercaftcr until the whole be fully paid.
Each installment first shell be applied in payment of the interest •~d then on the unpaid balance of the princ~pal sum. If defa~lt is mede in ihe
payment of any installrnent when d~e, and !vch default coritinues 30 daya, then at the option of the holder, and without any ofher notite, atl fhe ~ema+ning
installments shali be due and payable at once. Privilege ~s given to prepay th:s note ~n whole or in part at any time without penalty. Neither forebearance,
nor acteptance by the holder thereof after any default in any payments heroon, shell be deemed extension. A lare payment charge of s___~..~ ahall be
added to each ins.allment remaining unpaid 14 days aher its due date, and a like wm shal! be added to each such instatlment remaining unpaid 14 days
after each succeeding peyment datr.
Each m~ker, aurety end endorsen c~reof, jointly and sevcrelly, wsive~ dem~~d, prtsentmenl prolest and notics of prote~t for nonp~yrtNnt, and furth~r
agrees to •ny eztension of t~me of peyment, either before or after maturity, wirhout not;ca to sny of u~; end ro pay ~II co~ts of coliection, includinq •
rfeton~ble •ttorney's fee in the event of any default hereundcr, ~nd hareby ~averelly w~ivp all banefit of homeitead end ezemption under th~ toMtitutb~
end Iaw~ of each State of the United Ststes, a~ against this obligation or •ny extension w renewal hereof.
Witees• the hand and teal of eech party. s~O1181d Sch~~rnaatnn
~
~ al~essie_ Schuro~ann
° cs~?u
1Q__.,~o
t $tsh Revenue (SEAU
(Stamps cancelled on oriflirta! nota)
~ NOW, THEREFORE, the MORTGAGOR fw the pur~oie of ~aturing peymem of ~a~d ~um of S 7~.2~n•~~ ~nd th~ p~rfwmance of tM
covenanr~ antl aqnremen» hereinafter expreued, and fw diven yood rnd v~lv+bl~ conaiderations, by lhese pr~s~nte, does yr~nt, b~rqsin, ~sll, r~miw,
releau, convey ~nd canfirm unro rhs MORTGAGEE, ira iucce~wrs a~d ~uiyns, dl ihat certain lot, pieu a parc~l of I~nd, ~itwfe, lyir+p, ~nd b~riny M?M
tounty of _ ?S~+ e_LUC ~@ _ ~nd St~te of Fbrida, described e~ follows:
k
~ T~e West 42 feet ot' Lot 22, and aZl at Lots 24 and
~ 26, vf OLSON~S SIIBDIVISION, according to the plst
~ of ~aid Subdiviaior~ recorded in Plat Book 8, at page
~ 59, oi' the Publie Recorsia of St. Lucie County, Nlo~rida~.
~
RE~~YEri f~ ik F~.~u~~;T c,= rax~s
DUEON CIASS'C' INTANCIB~F pERgnyqL ~?~p~kir~
PURSUANT TO CNAPTER 2G?24. F-,i T~ oF 1941,
RflGER POITF'c.~~, C?erk Circvst C.,urt
os .4Genf for CU;TIS M, d~',h,tS
$f. Lutie County 7ax. Collsctot
B~~~.~.~ -
f;cYUTY
CLE~
U ~ STATE oFFLUR UA ~
h- UOCLftd~1UTA!?~ STAMP TAX .
~ ~ ~ Jt11i10'65~~"°~~;., v'~'
N V ~ `~=~A • : ~
Coh{o7RDl! E4 ' O p Q~
~~.190136 -\•ca
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Pagether with a!1 and singufar the tenements, her~ditamtnts end appurtances thareunto belcnging or in anywisa appertair.ing thersto, and •II rersri, is~ves, ~
proceeds and profits accruing and to atcrue from said premi~es, all of which are incl~ded in the abovt and foregoing descriptio~ ~nd habendum. %
TO HAVE AND TO HOID the above describcd and granted premises unto ihe iaid MORTvAGEE, its iuccessor• end auigns forever. And the teid
MORTGAGOR fot heiri, executors, admin~stJaton dnd assigns, hereby covenants with ~he said MOR7GAGfE, ita iuctesaor~ •ntf iuipns,
that ~h~-~' lawfulfy sei:ed of the said prcmises in fpC simple; that the same are f~ee, cieer and discharyed from ~II Uens and encunr
brantes in law or in equity, an~ that trh~v will and ~~e ~ r heirs shell warranP an~ defend the title to the same to tfi~ isid
MURTGAGEE, its successori and asaigns forever against the lawful claims and dema~df of all per~ons;
PROVIDED, ALWAYS that ~f the MORTGAGOR ahall pey urto the MORTGAGEE the promiasory note hercinbefore deuribed snd shafl truly, promptly
end fvlly periorm, d~scharge, execute, compitte, comply wirh and abide ~y each snd evrry the stipu!etions, agreemtnts, tondition~ and toven~nb of taid
prom:ssory note and of this Mcrtgage, then this Mortgage and the Ectate hereby crested shall tease and be n~ll and void.
IT IS UNDERSTOOD Yhat the word "Mortgagar" w}~tther in the singular or plurai enywhere in th~s Mortgage, ~hall be sinqular if ane only ~nd
shsll Ex plural jointly end uverelly if more than one, and that the word "!heir" as ufed anyw~ere in thi• Morf9age fhal! be tsken to mean "his," "han,"
or "its," wfierever the co~tsxt so implie~ or admits. Also, that wherover there it a reference in 1ha covenents •nd agreements herein contained to ~ny of
!he parties hereto, the same •hall be construed to maan as well as the hei+s, Iagel r~presentstives, successors end etsigns (either voluntary by ~t! 01 th~
parties or invot~ntary by operation of the !aw) of the same and thaf the cavenants herein conteined ~hall bir.d and the ba~efiti snd adve~t~ti inur~
!o ti~e respective heirs, legal representa?ives, suc:e~sars and ats+gns of the partiqa hereto.
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BGCK