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7HI5 INDENTURE, Mad~ tFw ~~th dsy of 'ru~-~ ~ I~.D. 19 v~
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Charles M. Pharr and Eliz~beth M. Ph~rr, his wife _
Qf ?SB~.At i+UCid County Flwida, Mroin+hsr dNtynated af the "MORTGAGOR," •nd f~R5T fEi7fRAl SAVIkGS AND LOAW
ASSOCIATtON AF FOIiT PIERCE, • corpor~tion ory~nizec! and exiqiciy und~r tM I~ws of ths Unitsd St~tq of Iunxiu and Mvin9 fn principal pt~cs of ~
busintu in tM City of Port Pia4~, St. luci~ County, Flwida, hereinah~r d~si~natsd ~s tM "MORTGl~GEE:'
WHEREAS tF~ MORTGAGOR is justly indebt~d to the MORTGAGEE in the ~um of S 1~~ 000 ~ 00 , good e~d I~wful money af the Un~ted
Stetes advenced by th• MORTGAGEE unto the MORTGAGOk, ss evidenced by.a certa~n promisswy note of even date herewith, of wh~ch the !ollowinq in
words and fi~ur~s is a tru~ copy, towit:
s 13, 000.00 No 12, 923~
Fort Piarts, Flarid~, JU1:~ 10 ~ 19~....Z.
for velus reteived, i, we or either of u~, promise to pay, withnut d~felcstion, ro the order of flRSf FEDERAL SAYINGS AND LOAN ASSOCIATION OF
FORT PIERCE et Fort Piarce, Florida, the sum ~of~ i~y, 1~~~QQ~•00 w;th inte~r,e~st from date et fha r~ta ot per annum, in monthly instell-
ments as folluws: =~3_Y~SL~± on the ~.._M++doy of Au~~
~ , 19_.~~_ and o like sum on tfie correipondin9 day of each munth there-
efter until rhe whole be fully paid.
Each instaliment firtit shall be applied in payment of the interest and then on the unpaid balance of the princ~psl •um. If default is made in the
payment of any installment when due, and suth default continues 30 days, then et the option of the holder, and without any other notice, all the remsining
insrallment• shall be due end payable at once. Priviley~ is yiven to pre,~ay fhis not~ in whole or in part at sny time without penalty. Neither forelxarente,
nor acceptance by the holder thereof after any default in eny paymenta hereon, ~hail be deemed eztension. A late payment charge of f~t, sh~ll be
edded to each installment remaininy unpaid 7 days after it~ du~ date, and s tike sum shaH be added to each •uch installment remainiRq unpaid 7 days aftRr
each tucteedinq payment date.
Eech maker, surety and endorser hereof, jointly end s~verelly, wa~vea demand, presentment protest end notice of proteft fior nonpayment, and further
agres to any extension of time of paymem, either before or afte~ maturity, without notice to any of us; and to pay sll coets of collection, in<ludinq a
reasonable attorncy's fee in rhe event of any default hercunder, and hereby severally waives eli benefit of homestead and ezemption under the tortstitution
and lews of each Stare of the Unitcd Sratea, as against this o611gation a any extensi~n or renewel hereof.
Witnesf the hand snd seal of each perty.
s Charle s M. Pharr ~sEA~~
s Elizabeth 1~. _ Pharr rSEAI)
iSEAI)
1 g • ~0 ~ (SEAl)
( ~ State Revenue
(5tamps tantel~ed on origina) nots)
NOW, THEREFORE, the MdRTGAGOR for the purpose of securing payment of said sum of j 1~ and the pe?formence of tfier
covenants •nd ~greeme+~t~ her~inafter exprzssed, and for divers good and v~lueble con~ideretions, by thes~ presenn, doe~ yr~nt, bsrqain, •ell, romise,
release, tanvey ~nd confirm unto th~ MOitTGAGEE, its ivcceswrf and aai9nt, ~II thet certai~ lat, piece or partel of land, tituate, (yinp, end bainq in th~
County of Saint Lueie and State of Florida, de~cribsd s~ follww:
Lot 11 and al1 that parit of 1ot 10 l~ing within 30 feet of" the line d~viding
said lo~s l0 ~.nci 11, Block 6~ oP PI?~TE~10QD SUBDIVISION~ as per plat thereol'
recorded in Plat Book 5i psge 21,~., af tYie public recards of Saint Lueie
Caunty, Flori da, ?
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/ ~ ~'tpp s' O, "J ~ RECEJYEb : ~~'C,l~
~,C P~~~ sa , ~UE ON CLA55'C' INTAMGIBLE P£RSO ALN ROPER7~
6~ F,~; ~ ~URSUANT 70 CHAP7ER 2072<, ACtS GF }p41~
p~s~• 7 :r~ ROGER POITRAS
i ~ , Clerk CPrtwt ~rt
~i f~' ~R as Aeent far CURTI5 M. JAMES
t3 y? 4~ i
'>j ~oMQjR~~3e ~ St. LuciQ Tax Coll~e4or
O G ~9
Yil~ ~ gY _
DEP(jry ~ERK
together with all a~d tingular the tenementa, hercditaments end aQpurtances thereunto belonging o~ in snywise appertaininy there4o, ~~d all rents, iuuss,
prxeeds a~d profite acaiing and to accrue from said promi~es, all af which ere included in the above s~d fwe~oiny deitriptior~ and h~bendum.
7(7 HAVE AND 70 HOLD the sbove described and yranted premiies unto the seid MCIRTGAGEE, it~ suttessort and suiyns forev~r. A~d th~ eeid
MORTGAGOR for heirs, executors, sdministrators and assigni, hereby covenanri with the said MORTGAGEE, its ~~tttetsors ertd as~iyns,
that ~~-~a-- lawfully aeized of the raid prcmiu~ i~ fee •imple; that the samt are free, cl~sr snd diuharged from sll liens ~nd t~cu~
brantes in lew ar in equity, and that. t+~e.~ w;ll and ~h~~~'- heir~ shai{ w~rront snd deferx! the titlr to the ssmt to ihe said
MORTGAGEE, its successors and assigns, forever egainst the lawfu~ claims and dem~nds of sll parsau;
PROVIDED, ALWAYS that if the MOR?CsRGOR shell pay unto the MORTGAGEE 1F» promisaory note hereinbefafs deuribed and sh~ll truiy, promptly
~ end fvlly perfcrm, diuharge, execute, tomplete, comply with and abide by esth ~nd every the stipvlationi, agreomants, conditions and covenan4s of said
promiisory note ~nd of this Mcrtgaye, then this Mortgage a~d the Estete hereby created ~hell ce~s~ and be null •nd void.
IT IS UNDERSTOOD thet the word "Mar4yagor" whether in the •ingular w plurol anywhers ln thi~ Mortgage, shs!1 be ~inQul~r if orts only ~d
shell be plural jointly s+x) tevar~lly if more than one, and that the wad "their" aa used anywhere in thit Mortgage shall be taken to msan "hii," "hen,"
or "itx," wharever the canteat w implies or admits. Alw, that wi~erever there i• a ref~rence i~ the covenants and aqrNmem~ herain contain~d ta any of
the psrtie~ hereto, tfie ume shall be construed to mean as wa!~ a• tha hein, ley~l r~presentatives, ~uccessors snd eu~qns ~either vol~nt~ry by •:t of the
partiaa or involuMery by optration of the (aw) of the same a~d th~t the covenants hsrein contained ~hall bind snd the benefit~ and advrntsges inun
to tM respective heirs, iepal rapresentatives, succeuon and a~t~grts of the psRiei ht~reto. .
And seid Mortgaqo!e, for them~elvrs snd their heira, leyal represent~tivef, succrswrx ~nd auiyns, hereby jointly •nd ~ever~lly covtnant and agr~s
ro ~nd with the taid MORTGAGEE, irs iuccesso?s •nd ~ssiqna:
1. To pay all and sirqular the principal and interest and the various and sundry wms of mwsey payable by virtue of t~id promiswry note, ~nd this
mortyaye, ~sch snd wtry, ~omptly o~ tM dsys respectively the same ~e~eratly becom~ dus.
Z. To pay •I! •nd si?qvlar fhe taxes, assessments, leviei, liabilitiet, obliq~tioni and ~ncumbnnces of svary MtY!• snd kind now on s~id described
p~operty, w th~t heaeaher mey b~ impos~d, suffered, placed, levied, or ~tuts~d therwn, w tMt hsr~sftsr may be levied w usest~ed upw~ tfiis Mort~-
sye, or t}?~ Ind~bted~eu secvred hereby, ~sch end sv~ry, when due and psy~ble, scco~d+ny to I~w, befora they becoma definqwnt, and befwt any iM~re~1
attechet w sny penalty is inturred; AND INSOFAR AS ANY TMEREOf !S Qf RECORD THE SAME SMAII SE PROM~TLY SATISflED AND DISCHARGED OF
RECORO AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTAkCE. THE TAX RECEIPT OR THE SAT15fACTIdN PAPER OFFICIALLT ENDOItSED
GR CERTIFIED) SHAII BE PLACEC IN THE HANDS OF SAID MORTGAGEE WITHIN TEN 0/LYS NEXT AFTER PAYMENT; ~~d in ths event thst ~ny tht?tof is no9
psid, aat'sfied and d"+uhsrged sa`d MORTGr1GEE may at any time pey the sem~ or any psrt ther~of without waiviny or affccting any option, lian, equity w
.'rqht vnder w 6y virtue o4 thit mortgsge end the full amounr of each a~d every fuch payment ~ha~l be immediareiy due and paysb~e end thall bs~r int~rest
~.om the ~~ie thereof until paid at rate of n~ne pe~ centum per snnvm and toyether w~th such intereit shall be secured by the lien of th:~ morqtap~.
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