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TMIS INDENTURE, Msda the ~~~h - day of ~ti~ - , A.D. 1l1~2__.~ between
' ~ M Wa~ers and Mar~r ~lizaj~eth 41a~srs, his r~rife _
of ,~j-nt LU~ie . Couny Ftor~da, hN~in~f»t d~tyna~ed as the "MORTGAGOR," and FIRST FEDfRAI SAVINGS AND LOAN
ASSOC1A710N OF fQRT PIERCE, s corporatian orpanuad and ~xiuiny u~er th~ laws of tht Unit~d SutK of Amerita and havinq itr principal pi+ts of
' 6uiins+i in tks City of furi Pi~rc~, St. Lucis County, Florida, h~rvinah~~ dniqnated si the "MORTGAGEE."
~ WHEREAS tho MORTGAGbk is justly inc~bt~d 1!o tM MC?RiGAGEE in ths sum of ~OO ~ dl7 , good and lawful money of Iho Unitcd
Stat~s advarxfd by the MpRTGAGEE unto the MORTGACsQR, es evidenced by a certain promiasory note of even date herewith, a! which the fotlowir~ in
` ~or~,?~o=oOs e true copY, to-wih, ~ 12~8~G
! fort Pisrce, flwida, ~~A 19. 19_..SL2.
~ For va~uc received, I, we or either of us, promise to pay, without defsltetion, to the order of FIRST FEDERAL SALVINGS AND LOAN ASSOCIATION OF
~ FORT PIERGE at Fart Pi~rce, Florida, the sum ~of~ ~~~y,-~n* ~Q with im~arerst from dete at thc rate of ..~2~% per annum, in monthly install-
' ments as fol!ows: 3---32.~0 on the ~SAl~day of A~~~t 19_SZ,~__ and e lika sum an the correapondiny d~y of eath month thero-
~ after until the whole be f~l!y paid.
Each installment first shall be applied in payment of the interest and then ar. ?ha ~npaid bslance of the principal sum. li default is made in the
payment of any installment whan due, a~d such default continves 30 day~, then at the option of the holder, snd without sny other notice, all the remaining
installments shall be due and payable at once. Privi~ege i• given to prepay tfiis nate in whole or in part at any time without penalty. Neither fwebearance,
nor acceptance by the holder thereof after any default in any paymentt hereon, shai! be deemed extensian. A late payment chsrgs of i 1.6Q. thall be
added to eech ~nstallmem remaining unpa~d 7 days aher iri dus data, ind a lika rum ~hall be added to each such installment remai~ireg unpaid 7 dayi aher
each s~cceeding peyment date.
! Each maker, surety and endorser hereof, jointly and severally, waives demsnd, presaniment protest and notice of protest for nonpayment, snd further
agrees !o any extension of time of payment, either before or after maturity, without not~ce to any of ua; end to pay all casts of collection, includinp a
reasonable attarney's fee in tha event of sny default hereundar, and hereby severally /vaives all benefit of I~omextead and exemption under the tonstitution
and laws ~f eath State o# the United States, as againat tMs obligation w sny extension or renewa! hereof.
f Wiiness the hand and senl of each party.
s I • M• Waters ~sEAU
~ s Mary Elizabeth Watars
~ - (SeA~)
~
1• - (SEAL?
t ~ 80 ) State Ravenve
(Stamp~ c+ncelted on uiginal note)
NOW, TNEREFORE, the MORTGAGOR for the purpose of ~ec~rirtg payment of ~sid sum af S ~-?Q~ ~OO - end the perform~nce of the
f covenann and sgreements hersinafter t:pressed, and for divere good and valuable considerations, by these preients, does yrant, barflain, sell, remise,
~ releau, convey and confirm unto the MORTGAGEE, its ~uccessora and ss~iyns, sll that certain lot, piece or partel of land, situete, lyin~, and being in the
~ Counry ef SAirit LuC~~ and State of fbrida, described ss fotlows:
~
Lots 3, 1~, anci 5, ~l~ck i5, P~R~DISE P~iRK, as per plat thc~re~f r~corded
in ~'lat Book f3, naa~e 17, nublic recor~s ~f Saint Lur,ie County', Florida,~/
~c . f ~
~ - ~ of FL.OC=~M~A
lN rtAYMcN1 0F iAc6S . S~~qUM£t~TA~" ~ STAM~.~
R~~o'-" ~ ' INThNGIBL~ rERcr`>' e~_ ~PE..TY~ _
OK Cu~~C TERZ~J724. A~-`- "~F i='~ • ~~Zi,~j c =
~11MlUANTTO~HA(' - ~ ~ w 4 ~ O~
~(3ER P017RAr, Clerk Circl:.`• ~~rt 0 ~ Y
~ V co~tRa~~Ea
as A9~t for ~~';i15 M. JAt,~_~ op: :
~ax Collector Ng.19013a
St. Lvc~~/
Cou~ty
/~--.~`r UE°UTT GLEfK
gy
together with all and iing~lar the te~amentx, hereditamenti and +ppurtantea thereunto belonying Ar in ~nywise apperta+ninp thereTO, a~d •11 rents, iuuea.
preceeds and prof;ts accruinq and to a<crue from said premiuf, s!I of whicfi are included in the above end fare{~oing destription and habendun~.
TO HAVE AND TO HOID the above described and yrsnted piemisea unfo the uid MORTGAGEE, its ~wcteuon and as~ipns foreva. A~d tM atd
MCRTGA}G~O~R ~for haira, exetutora, sdministrston and aasigns, hereby covananif with the said MORTGAGEE, its tutcesw?s and ~ssiyns,
that --•~i~~"Y lawf~lly uized of the seid pramisas in fev simple; thit the iama are~ frs~, clear •nd diacharqed from aU liena end e~curtr
brance• in lew or in equity, end thst._~I$.~C.- will and _~1A ~ r' heirs shall w~rrent and deftnd tha titi~ to ihe sams to the said
MORTGAGEE, it3 successo~s and e:signa, fwever ag~inat th~ lawful claims end demends of alI p~non~;
PROVIDED, ALWAYS that if the MORTGAGOR •hall pay unto the lrSORTGAGEE /M promiuory note hereinbafore dturibtd and ih~;l truly, promptly
and ful!y perform, discharpe, execute, complete, tomply with and •bide by each and every the ttipul~tions, ~greamenri, canditior+s and covenante of s~id
promissory note and of this Mortgsgr, then this Mortgaye and tFra Eatete hereby created shall ce~s~ and be n~ll and void.
IT ~S UNDERSTOOD that tht wwd "Mortqa9or" whether in the sinQulsr w pluril ~~ywhere in tfiis Mortgsye, sMll be singular if ona only mnd
shall be piural jaintly and teve.~tly if mars tlun ons, snd !hat tha wad "thsir" et used +~r~ywhere in this Morfyaqe th~ll b~ tsken to mean "hi~,•, ,•he:s:'
or "its," wherever the context w implies w ad.~in. Al~o, that wherevsr thert is ~ r:f~rente in tM caven+nri ~nd preanenri hr.ein Contsinsd fo a~y of
the parties her~~~, the same shall be can~t?ved to mea~ ea w~l1 as ths hein, I~qil rep~tfentsiivs~, eucceuon and aaigm (either val~ntary by act of the
partiea or involv~tary by ape?ation of t6ae law) ot ths tsms and that tfie covenante henin contained ~hall bind snd the benefits snd sdv~ntsqn inure
~o the respective hsin, ieyal representatiwet, wccessors snd ast~gna of ihs ptrti~s htroto.
And ~aid Mortgapon, for themselvK srtd th~ir hein, leqa! representativN, ~uctes~ors and apiynt, hereby, joinNy and ~ever~lly covenant ~~d aqroe
~o and with the said Mt~RTGAGEE, iti succeuon and auiyna:
1. To pay +l) snd •irrpular ihe prirr~ipal +nd interest •nd the variouf and sundry sums of monay paysbia by virtue of t~id promiuory note, and thia
mnrtgaye, each snd ~very, promptly on the d~ya rsspactiwly 4M sems Nv~rally b~tom~ dvt.
2. To p+y all and ~ingut~r the isxst, aiteumtn», leviea, liabiliti~s, obliyationa s~d ~ncvmbrancet of wery natur~ and ~ ind now on wid d~scribed
property. or that Mreefter may b~ impw~d, wffKeQ, pl~ed, leveed, a aestsad tFwr~o~, ot th~t henaft~ may be Isvi~d or aasess~d vpon thh MortQ-
aqt, a ths ind~btrdnru Hcurr+d har~by, tach ud awrr, wMn dw rnd pay+~blr, rarardlnp ro law, k»fon tFrsy k»car?~ drlirrqurnt, ind befws e+y fnm~s~ `
atteches or any penalty is incurred; AND INSpfAR AS ANY THEREOF t5 Of RKORO TNE SAME SHAII BE PROMPTIY SAi15fiED AND DISCHARGED OF ~
RECORD AND THE ORIGINAL OFFICIAI DOCUMFNT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P/1PER OFFICIALLY ENDORSED ~
OR CERTIFIED) SHAII BE PIACED IN THE HAMOS OF SA1D MOR7GAGEE WITHIN TEN DAYS NEXT AFTER pAYMEN7; and in the ~vant that any thtr~of i~ not ~
paid, sat'sficd and ditthuqed said MORiGAGEE may at any time p~ty !M t~mr or +~y part therwf without waivFnQ or affectiny any option, li~n, *quity or ~
.ipht unde~ or by vittue of this mortpaga and the full amount of each s~d every mvch payment shall b~ immsdistely dve and piyab4e ~nd shall bsar inffrett
jrom tix date tfr_reof until paid at r~te of nine per <entum pe~ enn~m ~d doa~~~iTh suth interoy~t,ball Fx secured by the lien of th:s mwybqt.
Q '~!K iJ~