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1M15 INDENTURE Mad• the~ lO ti~'1 of ___D9 Q$j~9 , _ ~ A.D. 19 ~
_ Bi11 'tew~r~ en~~1+~n~ K Stewart, his wife,
of .r~~i~..~•u4',i~ County Florid~, hereinatt~r dnignated th• "MORTGAGOR," and FIRST FEDERAL SAVINGS AND iOAN
A550CIATION OF PORT PIERCE, • torporation orqanized and •xisunq unde~ ths laws of 1M Un11ed Stat~i of Ameriu and Mviny in principal pbc~ of
butinest in tM tity of fort Pi~rce, St. luci• County, flvrida, hsr~in~her drsiyneted •t tM "-M~OR7IGAGEE."
WHEREA$ the MORTGAGOR ia ju~tty indebtad tn th~ t~10RTGAGEE in the sum of S.-L..i.l~ good and lawful money of the United
5rates edvanced by the MORiGAGEE ~mo the MORTGAGOR, a~ evidanceti by a certain p~omissory note of even date herewltn, of wh:ch tha fo{lowinfl in ~
wocds end figures i~ • true copy, to-wit:
~ 7~ 7 ~"i0 . 00~, No_ 1 ZLC a
Fort Pierta, Florida, December l~~ _ 19,.57~._
For value receivad, I, we or either of us, promise ~ro ay, without defsicetion, to the order of FIRST FEDERAL`SAVINGS A?VD LOAN ASSOCIATION OF
FOR7 PIFRCE at Fort Pierce, Florida, the ~um of S-~-A..1.1~..2 with interest from date ar the rate.of~~% per annum, in monYhly inst~ll-
ments as fol!ow~: f 1~+ on th~ ~+h day of Januar~y ~p 6b end a I~ke s~m on 1he corresponding daY of each month then-
efter ~ntil the whole bc fully paid.
Each insteliment fir:t shall be applied in paymenr of the i~teresr and then on the unpa~d balanc~ of the prin~ipal •um. If default it made in the
paymenr of any instalimenr when due, and such default continues 30 daye, then at the oplion of tht holder, and wilhout any other notice, all the temaining
insrallments shalt be due and payabie at once. Privilege is given to prepay this note in whole or in part et any t;me without penalty. •Neitfiar forebeerance,
nor acceptance by the holder thtreof after any defau~t in any peyment~ hereun, sheJl be deemed extension_ A late payment charge of S.-.Zs.L`!-, thell be
added to each installment remaining unpa~d 7 day• after its due dete, and a like aum shall be added to each svch inatallment remainin9 unpaid 7 days ~her
each ~ucceeding peyment date.
Ea~h maker, surety and endorser hereof, jointly and ~everalfy, we~ves demand, presentment protesl and notice of protest for nonpayment, and furthtr
agrees to any extension ~f t~me of payment, either before or after maturity, without notice to any of us; and to pay all cost~ of collection, includ~n9 a
reasonabk attomey's fee in the event of any default hereunder, rnd hcreby severelly weives ell benefit of homesteaci and exemption under the constitution
and laws oi eath State of the United States, as agaimt this obl+gation o? eny extension or renewal hereef.
Witnest the hand and seal of rach party.
S~gW~T't (SEAL)
Marlene K. Stewar~ csEA~~
(SEAL)
(SEAL)
-~~~~Q ? Stete Revanve
f,5tnmps cancelled on oriyinal note)
NOW, THEREFORE, the MORTGAGOR for the purpose of aecvring payment of ~sid tum of S 7 t 7~~ • ~Q - and ths perfarmsnce of thp
covenants and egreementi hereinafter expressed, and for divers qood snd valuable conside~~tians, by thesa presents, doei y~ent, barflein, seil, remise,
release, convey and confirrn unto the MQRiGAGEE, its ~ucc~sson and assign~, ell that certein lot, pieu or parcel of land, tituate, lying, and beinp in tfis
Govnty of S _ I,l1C A , and St~te of floride, described ~a follows:
Lots 4 and 5, Black 1, of THOMAS SUBDIVISION, according to the plat thereof
recorded in Plat B+~ok q, page 70, of the publ.ic records of St. Luaie County,
Floriria, being a re-subdivision of Lat 53 of MA.RAVTLLA GAI~DENS, Unit No. One,
according to the plat thereof recorded in Plat B~ok 6, at page 55, public ~
records of St. Lucie County, Flarida,~ ~
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J-~ p pAYM~NT ~FfER Y.
1~.. ~pFRC'~NAI. PRO
~~~n 4- _ ,~T,~~~t,~~E Jt~.Uf 1941, ~
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S~. ~zZ~' T`I GtERK O ~ 65 ; ;~:~i ~ =
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tagether with all and singuler the ttnrment~, he~editaments snd appurtsncei thertunto belonQing or in anywise appenaining thereto, snd ~II rents, issuet,
proceeds and profita atcruing and to accrue from •aid premiset all of which ere included in the sbove snd foreqoinfl description and habend~m.
10 HAYE AND TO HOLD the ab+ove described snd granted premitas unto the said MORTGAGEE, iri successors and aas;gns forsvsr. And tk» taid
MORTGAGOyR for ----~~-Y-'---- heirs, executors, admin'istrators ar.d essigrss, hereby covtnartti with the ssid MORTGAGEE, itt ~vaessors and ewiqns,
thst --++++++-~---gZ`g- ~awfufly seized of the said premiaes in fee stmple; that iM ssme ere free,. clesr and dischaeged itom all liem and encvrrr
brancea in law or in equity, and that th8
V will end the ir heiry shsll warront and d~fend th~ title to the a~ma to the said
MORTGAGEE, its succeisor~ end a~ti9ns, forever sg~inst the lawful daimf •nd dema~ds of •!i perso~s;
PROVIDED, ALWAYS that if ihe MORTGAGQR shall p~y unto ths MOR7GflGEE the Qromiwo~y nota hereinbsfon deuribad er,d •hali truly, psomptly ~
and fully perform, discharge, execute, tomplete, comply with and •b~de by tach ~nd e~~ry the ~tipulations, +gresmenn, conditiont and covenents of said
promi~sory note and of thia Mongsge, then this Mortqaqe end the Eatete her+by aeated ihail uaie ~nd be nuli er+d void.
IT 15 UNDERSTpOp Ihat the word "Mortye9or" whefhe~ in 1F» s~~9ular ot plural anywhen in this 1~Aorigaqa, ~ha(f be sinq~fsr if a~a only •r+d
shall be plufal jaintly and uveraily if more than one, and that the word "their" as uud anywhere in thit Morigspe shall be Nken to mea~ "his," "han,"
or "its," wherever tha torttext so implitn or admits. Alw, thst wherever there i~ • n4erence in the tavensnti and ~greementt herein contained to any of
tFw parties hereto, the same thall be tonst~ved to mee» a~ wsll a~ the Mirt, Ipal rtpratentativaf, tuccsuon irrd ~uiQns (+iSher valunPery by sct of th~ ~
parties or involuntary by operotion of tha law) of the isme ar+d thet the cavenants herein cont~ined aM~l bind +nd the berrefits and odvsnt~gss Inur:
to fhe respectivs heir~, I~y~l rspresentetives, sutcesscxs ~nd ass~y~i of tha p~rtirs hereto.
Anci iaid Mortgsgors, for themselvet •nd their heiri, leqal rtprestntative~, 3ucc+?ssors and at~iqn~, h~reby joi,~tly and acverelly covertant anc! sp~~e
to a~d vrith tht ~eid MORTGAGEE, its sutcsuors and assiyni:
1. To pay all snd sinflular rh~ prirxipat snd inferett and tbe vsriovs +nd ~undry aumt of money p~yebl~ by virtue of uid promissaty note, and thi~
mortpeps, eech and errry, prom~rly o~ the day~ rnpactiwly the s~m~ avsrally b~come tfw.
2. To pay +II snd sinqulu tM taxes, assnsm~nti, leviat, liabilitiq, obligstions and ~entumbrux~r af every n~turt and kind naw on said dest~fbsd
prop~rty, or th~t her~aftp m~y be impot~d, iuffared, plxed, lavied, or aaessed thtreon, w that Mreafter may be levicd or a~~sssed upon this Mort~p~
pt, o~ r1w indebtsdnss~ Ncvrsei hersby, ~sch and ~v~ry~, when due and p~yable, accwdinq ta law, b~fore rhey becoma definquent, and before •ny inter~st
~ttschas or any penalty is inc~rr~d; AN~ IN50FAR AS AN`( TMEREOF IS ~f RE~~ttO 7HE SAME SNA!! DE PROMPTIY SAT15FlED AND D15CHARCrED Cf
RECORD AND TME ORIGtNAI OFFIC~AL DOCUMENT (5UCN A5, FOR IN5TANCE, THE TAX RECEIVT OR THE SATISFAC?ION DAPER •pFFICIALLY ENDORSED
OR CERTiFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DA.YS NEXT AFTER PAYMENT; and in tfie evsnt t!?at ~ny therQOt is rrot
paid, sat'sfied and dischirqed said MORTGAGEE msy at any time pay tha iame w iny paH thsr~of withotit w~ivir~y w affectiny any option, litn, tquity or
~ riqht unde~ or by virtue ai tfiit mortgage end the full amount of eash and ever~ iuch p~ymant shalt be immediately due and payable and shall bs~r interes+
~rom the dste thereof until paid it ratr of nine pur centum per annum and toyether w~th ~uth intsre:t :hsll be acurtd by th~ iien of th;s matytaqe. ;
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