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~ TNIS INDENTUR lN~d~ t 1 3 t d~y o MHrch A.D. 19 ~6 b~twt~n
W;lliam F. ~lachow An e tv ~ae ~w, _ s w A, P. . 9-~. _o son an~"
~ D~r~thv V. Tolson, his w fe and John R. pAr an~ uc~rev ..ar , a w e
:a
4 of SRint I,L1Cj @ ~qinty Flaid+, hsr~in~fta deilgnared as tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
, ASSOCIATION OF FORT PIERCE, a cwpwation w9snized and existiny unde. th~ laws oi t!» United Sta~~i of America and Mvinp it~ principal plaa of
~ buiineu in tM Ciry of foN Pitru, St. luci~ County, Florid~, her~in~fttr d~sipna~ed ~s tM "MORTGAGEE:'
; WHEREAS the MORTt'sAGOR is juitly indebted to tM MORTGAGEE i7. tM tum of = 2~ ~ n~~ good ~nd ~~wtul money of the Unl~ed
~ StatQS advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of eve~ date herswith, of which tM iollow~rq in
words ~nd F urm is a tn?s copY. towit:
~?~,~0~.00 ~ 13.?96
rn.~ P~e.n. Florids. Mc~rch Zl . 19
Fa vatve received, 1, w~ w eith~r of us, promise to pay, without defalc~tion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Forf Pierce, florida, the s~m of S 2~ with interest irom date sl the rate of ~ % p« ~~um, i~ mo~thly inslsll-
menrs as fotlows: :~~t~ on the 1~th dav of `711~ ~ ~v66 ~nd a like ~wn on the corr~spa~dirg day of each month thtrr
after until the .vho2e be fvlly p~~d.
Each instsllnxnt first sMfl be applted in payment of the inte~est and then on ths unpa~d bslance of the princ~p+l sum. If deTau~t is msde in tM
payment of any installment when due, and such default continves 9U days, then at the option of the holda, and withovt a~y other ratice, all the remainirg
installrne~ts shall be due and payable at once. Privilege is given to p?ep~y this note in whok w in part af any time without pemlty. •Neither forebtarance,
nw ~cccptante by the hotder thereof after ~ny default in sny payments he~eo~, shall be deemed extension. A late payment cMrge of l~~shall ba
added to each installn,ent remaining ~npa~d 7 days afte~ its dw date, and • like sum shall be added to each such inst~llment ranaininp unpsid 7 days ~htr
each succeedirg payment date. .
Each maker, surety and endorssr hereof, joiroly and sevenlly, waives demsnd, presentment pro~eat and notice of poteit for noopayment, and furt~+er
agrees to any extension of time of payment, eithe? before w afte? maturity, without notice to ~ny oi us; a~d to pay ~~I costs of collection, includirp •
reasonable attorney's fee in the event of any deiault hereunder, and hereby ssverally wsiv~s atl benefit of homestead and exemption ~nder tF~ constitution
and lawi of each Sute of the United States, as sgsinat this oblgation or any extemion w renewst hereof.
Witness the hsnd and ieal of exh party. '
s William E. Zachow ~
s/ John B. Park s Aettv J. ZachoW ~q
s/ Ati~rey F. P~rk s Wells F. Tolson ~
s noroth V Tols~n ~
r ~9. (~0 ) State Revenve
(Sramp~ cancelled on wiyinal note)
NOW, THEREFORE, the MORTGAGOR fw the purpose of iecu~ing p~yment of uid sum of ~ ~b 1~~~ a~~ ~nd tM perfw~n+nce of th~
covenanb ~nd +yreemenb hersinafter e:pessed. and fw divers yood ~nd v~lwble cwnide~~tiorn, by these prcsenri, does yrant, b~ryain, sell, remise,
release, conwy and confirm ~nto the MORTGACEE, its ~uccesaors snd aui9ns, all that cen~in lot, p'ao~ or pucel of lud, situat~, lyirg, and b~inp in tl+~
~~~y S a i nt LUC ~ e _ and State of Flaid~, d~w~d as folbw~:
Lots 1, 2 and 3, Rlock 9, BILTMORF PARK SiJRnT~?ISTON, as ner plat thereof
recorded in plat Book naae 52, ovhli.c recor~s of St. L~~cie Courtv,
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toptth~r with sll and sinp~l~r the t~nements, hered:t~menb and ~ppirn+ntes thereunto b~laginp o~ h anywi~e apperbinirg therero, and all rtn», i:aws,
p.oceeds and profin accruinp ,nd to xuue from saiu premiies all of wFiKh a?~ inc~ud~d in th~ abov~ and for~poinp description and h~bendum.
TO HAVE AND TO HOID the above described +nd 9ra^ted pr~mises unto ttw said MORTGAGEE, its waeuws ~nd +sti~ns for~va• Md th~ s~ld
MORTGAGOR for ~~Ai t' - heirs, ~xecvtors, ~dministwton ~nd ~uiyns, Mr~by tovensnts with tlw s+id MORTGAGEE, its watstws ud ~ssiprr.
that t~ gr~ lawfully seaed of tM s+id premises in fee s7mple; ttut tM sune ~n frM.. clear and d'achuyad from all Ikm and ~ncwm
bnnces in law or in equity. ~nd th+* th~y will ~nd thP ir hsiy sfwll wurant and dtfend t}» titl~ w tir s~me to th~ uid
MORTGAGEE, ib succeuon u~d ~s~i~~s, forever yiwt th~ lawful tlaimf and d~m+nds of ~II pKSOros
~ PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE tIN pa~in~ay not~ h~r~inb~ion d~saibed ~+~d shall truly, promptly
~ ~nd fvlly perfwm, d~schu~, exeart~, compkte, comply with and abide by each and wery the stipvlataro. ~prseK?ents, oa~ditaro and oovenanb of ~aid
p~omiuwy note and of this AAort9+pe, then thia Mort9+ye ~i+d the fsfste her~by n~at~d sMll uas~ and b~ rwll u~d void.
IT IS UNDERSTOOD th~t th~ wwd "Nbrt9yw" w1+etF+er in ths ~inp~lu or plu?~t ~nywher~ M this Morty+~e, slwll be sinp~lu if oM a?ly ~nd
sFNll be plur+l jointly snd severally if more tMn orn. ~nd that the word "their" as used ~nywMn in tha Mortpa~ ah+ll be takeo to rrK+n "his,•• ••Mn••
or "ib." wherwet tl+e context-~o implies a admin. Also, th~t wherewr thsre is • nferanc. in tFw coven+nn aed .~reemenn hersin cont,in.d ro~eryr of
the p~rties hsr~to, tM s+rrN shall b~ construed to rn~an as well ~s th~ hein, lep~l r~pes~nt~tivn, wonswn u~d ~u+pm (~itha vol~ntary by act of tM
parties or involuntary by operation of th~ Isw) of the same and ttut rhe cov.n+nn Fw.in conuin.d ~hall bird and rM benefin and .dvamap.a irwn
ro rhe nspactiw h.~rs. Ip+~ ~ep~esenrariva, succeuors u+d as~~ym of rl» puri~s Mrero.
Md said Mortga~on, fw ~hemselves and theG l+ein, leyal repreKntatives, wcceuon and ~u'gro. Mr~by jointly ~nd s~venlly cove+»ro ~nd pree
to ~nd with tM s+id MORTGAGEE, its succ~ssors and usi9nt:
~ 1. To psy all and sirgular tM princip~l uid interest uid tF?i v~riovs and wndry su~u of mo:iey p+Y+bk bY virtw of s~id promiswry not~, and thia
mortyape, e~ch ~~d every, promptly on th~ days respectively tM same awrally bacan~ dw.
2. To pay all and si~gu~n th~ taxa. as~es~ents, bvief, liabilities, obliy+tfora ar+d enawnbranca of tvsry n+tun +nd klnd now w+ s+id dnc?~b~d
prop~~tY, a that he~eaher m~y b~ impw~tl, sufi~+ad. Pl~ced, kviwd, a ~w~s~d tF~w+4 w that l~aha may i» levied or asses~ed upon this Morq-
~ ~9~, a t}w kdebtedneu a~cw~d hereby, each and ~vay, when dw and payabl~, accordinp to law, b~fore tFiey becorm d~linqixnt, ~nd bsfon any imKa~
attaches w any penalty ~ inturred; AND INSOFAR AS A THEREpF IS OF RKORD THE SAIYIE SMAII BE PROJMPTIY SATISFIED AND OISCHARGED OF
~ RKORD AND THE ORIGINAL OFFICUI DOCUMENT (SUC~ AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PI.PER ~OFFICUIIY ENDORSEO
OR CERTIFIED) SHAII BE PlACEO tN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX: AFTER PAYMENT; ~nd in the went that any thereof ~ not
paid, s~Y.sfied +nd dischar9ed satd MORTGAGEE may at any tirn~ pay the samt or any p+A thert~f witF~out w~ivi~p a aff~ctirg ~ny option, litn. equiry w
.pht under or by virtue of tl~n mortysye and the full ~mo~nt of e~ch snd wery such payrr~+t ahall b~ immediately dw +nd payabk ~nd shall b~ar inta~st
~ ~rom the date thereof until paid ~t rate of nine per centum pe~ a~num and $
e~~t intN~st sh~ll b~ ~ec~r~d by th~ lien of th:s morqt~t.
~s . _~%d ~ r ~-,r,-., - - ~ ~F~