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TMIS INDENiURE. Made thr.__ ~na dey of % IJecembear qD. 19 C'~~ bet,ti-een
Robert W,. ScYiwerer ~nd Sersh M. Schwerer, his wjfe
~f __`St. I'uCiP County Ffo~ida, Fereinafte~ designered as tht `.ti10Rii;A;,C)R,' and {;RST fED'eRAI SAVI"aGS ANO t~JAV
ASSOCIATION Of FORT PIERCE, a wrporat~on orgdni[ed and ea+stin3 under the laws of the United $ta~as oi Amer ,a and haviny ite principal plece of
t.,s~ne:s i i the Ci~y of For! P~e~ce, St. Luc1a Co~my, Flor;da, here~nafter de~ignared es ths "MORIGAGEE."
Y!F EREAS the MORTGA;rOR ia jwtly indebted to the MORTGAGEE in the s~m of S- L~z~~~ , good and lawful money of the Un;ted
Srares a~va~•.r•d by tha .MOk1GAGEE vrro th;e A1•ait(GACaOR, as e~~denced by a cerra;n promisxory no!e of e.rn date herew~th, of wh;cri the ioi!o~n~ng in
words ?i Iiy~~es ~s a ~r~a copy, to-.tiit:
i._ 1~•~?QO.l7~ 1~~~ --lc'~l~
ForS Pier<e, F~o~~da, _ December 2 ~q C~
Fo~ va'~e recei~ed, Ke or c:~her o' us, uromise tu ay, wirhout defa!car~un, ro The order ot FiRST FEDERAL 51:VLINuS ANU LOAr: ASSOCIATiUN Of
FORT PIERCE at Fort Pierce, Ficrid~, ~~e svm of S-~s~~~•_oo_--- W'~rh in;erest from date at the rate of __C per annum, in mo~th~y imtal:-
p ~'~y~ -M
-,~-,-,,,,,y, L -
mr:,1s as ~c::cwr 5--- i' Z. QQ--- - cn the Z-J bll day of aa.i__1.~L1~_. I9.S~~- and a like surn on rhe ~orresFond~ng day of each monih there-
aitr: ~;r~tr thr whola be fuliy pa:d.
En:h ~nsta!iment first shal! be app ~ed in paymant uf !he ir.terest and then on the vnpa d balancr of the print:pal s~m. I4 default is made irt the
~,,~~,rnt ~t a~,y ~nsrai:rnenr when due, ar.d such defaul~ ivntinves 30 days, ihen at rhe optien of rhe ho~der, and without any other not~ce, a!1 the rema~ning
ins~a:l:,~e+~rs shail br due and payabie ar once. Pnviiege is give? lo prepay ihis note in whofe er in pan at any t~me without pena~ty. •Nei her for bearoncr,
nor acceotance by +he ho~der thereof aiter any defa~~lt in any paymems hereon, shall be deemed extens~en. A iate payment charge of S- 9! , shall- be
addad to ra:i~ installment remafning vnpa~d 7 days after its due date, and e t~ke sum shail ba added to each sv:h installmeM •emaininfl unpaid 7 daya efter
each wccred~ng payrnent dare.
Each maker, s~rery and enderser hzreof, jointly and severally, waives demand, presentment p~otest and not~ce of protest for nonpayment, and further
aqrees rc amy e~.te:~s~on of t,me of payrnem, e~tner before or aftrr maturiry, without not~ce to any of us; and to pay atl costa of co~lect~on, ir,clud:ng a
re ~so^sb:e artcrney s fee in the e.en! of any d~~~ai~it hareunder, and hereby scveraliy waives all benef~t of homzsrcad and exemption under the cqmtitvtion
~nd laws of cacn Srate of ihe United Sra~es, as ~ga;nst this oblfgat~on or any extens~on or renewai hereof.
Wi!ness the har.d and seal of cach parr,.
s Robert W. Sch~rerer (SEAI)
Q, Sareh M. Schwerer isEA~~
(SEAL)
22. ~O (SEAL)
( State Revenue
~Sramps cance!led on o~ig~nal note) ~ ~ nn
NO.Y, THEREFCRE, the MORTGAGOR for the purpc,se ot securing eayment of said sum of S.~lL~~GS1~-. and the performance of Ihe
covenants and agreemenr~ hereinafter expressed, and for divers ga~d and va!vable tonsiderations, by theae prestnts, does grant, bergain, sell, remise,
rzlea:e, convey and canfirm unto the MORTGAi.Ec, its tiutcessors and a~s~gn~, eii that certain lat, piece or parcel of land, iituate, lying, end being in the
County of S t, Luc ie end State c+f Fiorida, desuibad ss follows: .
Lot l~ an~ all except the South 38 feet (mea~ured ~t right et~gle4)
cf Lot 13, of CORSO COURTS, accGrc~ing to e piet thereof recordeci
in PZat Book 12, page 23, of the public recordQ of St. LuciE
County, Fiorida,~
~ ~
S~'A i- ~ ~F F L O R I DA
~y PF`!ME4TOFTA%~! W C ST'AMP TA?(
PaCPERTY. ~ r pOCUMENTA..~' T
R[CFlVED1S sl r F' JF 1941, ~ - t q - ~
c _ . ~ ~ - O~C-365~~'~' ~ + _
~ ti- . ~ ~.3 = ~_-^~``i 2 2 5 Q=
~ . _ i L ~ ~ ~ t,,~•., .
_ . ~ t. _ ~ (A CGMPTRCLI.Ek~\~=- ~
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as : , _c: jax C..ci~ec;cr
~i. t~~~ie~ty /
~i ~G 6`~ ~ ~~---J'~''..+.w~
pEPUTti GI.~RK
sy
together with all and singular the tenements, hereditaments and appurtances thereunto belo~ging or in anywise appertaining theeeto, ard ell rents, iaiurs,
~,rxeed~ and prof~ts aaruing and ro accr~e from sai:: premises all of which are induded in ~he above and foregr~ing desviptian and habendum.
TO HAVE AND TO HOli7 the above described and grantrd premisea unto the iaid MORTGAGEE, its auccessors anr! assigns forever. And the teid
h';ORTGAGUR for heirs, exewtors, admiristro!ors and essigr~i, hereby tovensnts with tne said MORTGAGEE, its tuccessors end •stigni,
tt,at -~~,~'--ar~- lawfu'ly~ seiied of the said premises in fee iimple; that the same are free, clear and discharged from all lizns and encum-
b~ances in la~nr or in equ~ty, end that r+ e will and th~? Z' . heiry shnll warrant and detend the tiHa to the seme to the taid
MORTGAGEE, iis successon and assig~s, forever egainst the la.vful claimt and demands of •II per~ons;
PROVIDED, AIY~AYS that if the MORTGAGOR sha!I pay unto the MORTGAGEE the prem~ttory note hareinbefore des<ribed and thall truly, promptiy
~rd fu!ly perform, dlscharge, axecute, complete, comply with and abide by each and every the stipulationa, agreement~, conditions and covenants of iaid
prom~ssory note and ~f this Mortgage, then thi~ Mor~gage and she Esrate hereby created ~hall cease and be ~uil and void.
IT IS UNDERSTOOD that the wurd "Mortgagor" whelher in ihe aingular or plural a~ywhere in thit Mortgage, shell be singular if one only and
sh~ll be pl~ral ;ointly and severally if more then one, and that the ward "the~r" as used anywhere in this Mor;gage shafl be taken to mean "hii," "hers,"
or "its," wherever the context ~o implies or admit:. Aiso, thet wherever there is a reference in tha covenarts and ag~eementi herein contained to any of
the parties he~eto, th4 tame ehall be construed to mean ae well as the he+rf, leg~l rtprrsentetivef, sutcessort and asiigns (either voluntary by act of the
parties or involunfary by operation of the !aw) of the same and that the cavenants herein contained shall bind sr.d ihe benefiti and advantage~ inure
tc the respective heirs, legal representatives, cuccessors a~d ast~gns of the parties hereto.
And said Mo~tgagors, for themse(ves and their hoirs, le9el reprtsentetives, ~uctestars and assign~, hereby jointly and severally covanant and agree
ro end with tlye •aid MORTGAGEE, its successon and aisigns:
1. 7o pay all and singuler the pr;ncipal end interest and the variaus end tundry tuma of money payeb!e by virtue of said promisiory note, snd thit
morfgaye, each and eve~y, promptly o~ fha dayt respectively the seme xverally becare due.
2. To pay all and s~ngular the texes, assessments, levies, liabi!ities, obligation~ and encumbrancet of every neture snd kind now on said desvibed
proper~y, or that hareafter may be imposed, suffe~ed, plxed, levied, or auessed thereon, or that hereafter mny be fevied or aaies~ed upon ihi~ Morty
age, or the indebtednet~ secured hereby, each and every, when due and payable, sccordin4 to I~w, beforo they become delinquent, end before any fntere~t
art~ches or any penalty is incurred; ANp ~NSOfAR i~5 AN THEREOF IS Of RECORD THE SAME SHAII BE PROMPTLY 5AT15HED AND DISCHARGED Of
RECORD AhD THE ORIGINAL OFFICIAL DOCUMENT {SUC~ AS, FOR INSTANCE, THE TAX REtE1PT OR THE ~A715FACTION PAPER •OFFItIAIIY ENDORSED
qR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AftEQ PAYMENT; and in the event that any thereof is not
pa~d, sar sfied and diuharged sa d MORT(iRGEE may at eny time pay the same or any part thereof without waiving cr affectiny any opNOn, lien, equity o~
.~qnt under or hy virtue of this mortgage and the fvll amo~nt of each and every such payment shall be immediate~y due and payeble and •hall besr interest
From rhe daTe thereof untii pa~d at rate of nine per centum per annum and sogether w~th iuch interest cheil be srcured by rhe lien of th:t morgtaqe.
BaoK 13~ 318