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153~`7
THii INDENiURE, Md~ 1_ th d,y ,f _ Februar}~ ,~,p, 14_~„ b.,w..~
Warren Floyd YQUng and L~nda H Youn;, hia wifa,
of S t. Luc i e ~~~y florida, INffiMfHf dfii9Mfli~ ~i tM "MORTGAGOR," and fIRST FEDERAI SIIVINGS AND IOAN
ASSOCIATION OF fORT NERCE. ~ aapaation orpu~tz~d and txatinp w+J~r IM laws of tM Ueit~d St~t~s of Arn~~iu and Mvinp its principal pl~a of
bvsirw~ M~ th~ Cit~r of FoN Piwa. St. luci~ County. Florid~, Iw~~inahK daipeayd u th~ "MORiGAGEf."
MIHEREAS th~ MORTGAGOR is iwtly k~debt~d to th~ MpRTGAGEE ln 1M swn of 25~ _ ~~ood u~d lawfvl morry of th~ United
Siafss dvanad by th~ MpRTGA('sEE ~nto the MORTGAGOR. ~i ~vidancsd by • art~in pramiuory noN of evN? dat~ herwvith, of which tM followinp M
wwd~ and fiputq b a trw oopy. fowit:
~ 5 ~ 250 . OQ ~,~I . p~5
fwr Pie?c.. Fbr1d+. Februer~1~,s ~9~
fo? valw npiwd, 1, vw or eH1~ of ~p, p~omis~ to y, without defalation, to the orde~ of FIRST FEDERAt SAVINGS AND IOAN /15SOCIA?ION OF
FORt PIERCE +t Fort P~q, Florida, th~ swn of ~ 5 a 2~ • 00 with inte~at from d~te +t tM wt~ of _Z_7f. p~r snnwn, in monthly imtalb
menrs a follow~: . ~0 on th~ d~y d At~ril ~ 19~~ ~nd a lik~ swn on ths eornspadinp d~y of ~~ch month tlwr~-
after ~~rsi n,. ~wi. b. f„~y P,;d.
E~ch irot~IGnK?t fint shsll b~ applied in p~ymeot of the interest +od then on ths unpa~d balancs of ths pincip~l wm. If defauh b m~de In th~
payment of am imtalln~ent wh~n dw. and wch defauh continues 30 days, then at tF?e opt~on of the holder, and wi~hou~ •ny o~her notice, all flk remsinirg
ini~~llmeets ~hall b~ dw aod paysbl~ st onct. Privi{ap~ is Qiven to pr~pay tha ooro in whola w L+ pan ~t ~ny time withouf pen~lty. Nsi~Mr for~b~annu,
nw ~cpptano~ by 1he hotdK thereof after ~ny d~fsult in anY paymenh hereor~, shall be deemed extens;a~. A Iste payment cha~ of =
2•~
5 - sh~ll b~
added lo each imt~llment nmainirg unp~id 7 days ~fter itt dw da?e, and a tik~ avm ahall be added to each wch instaltment rem~ir?inp w~paid 7 day~ aft~?
each tuoo~~d'wp p~ym«?t d~f~.
Each rrwka, swNy ud ~ndonK he~wf, iantly and sever~lty, waives demand, preser~tmsnt protest a~d rat3u of protett fw nonp~yrn~nt, ~ad furtMr
agrees ro any ~xtension of Y~ of paym~nt, eitFwr b~fore w ~fter m~twity, wittw~t notice to sny of us; sod to psy all costs of collactan, irxlvdlrp •
reason~ble ~ttaney's fe~ in tM event of any defauh hs~eunder, ~nd hereby severally waives all benefit of homestead u~d axemption und~r the oon~titvfioR
end laws of each Sate of tM United Starss, as ~painst this oblipatan w ~iyr exteniion a renew~l hereof.
Witness tFr IWnd and kal of s~th party.
~1V~
~ Linda H. Youn~ ~
cs~w
c ~7 - 95 ~ s~.r. R.,,«w. ~
csr,,,,p. «no.U~d a, «iain.~ ~ot.)
NOW, THEREFORE, tM MORTGAGOR for the pwpos~ of secwing psymcnt of said sum of =~~~5~ . per(a~~ pf ~
covananq ~nd yr~tmeny F~ninah« exprastd. u+d fw d;v~ys Qood ind vilu~bb consideratiom, by tl+ese presents, does pr~M, buyaiey s~ll, ~~mist,
releass, oonwp,and eonfirm u~w tM MORiGAGEE, its sucuuora and sssiy~i, a11 tFwt certain bt, pi~o~ or puc~l of I~nd, utuat~, lyirg, ~nd b~i~g In th~
County of St _ LUC~A State of Flwida, dewib~d as tollows:
Lot 16, Block C, less the West 10 feet thereof, oi` WEST END ADDITION, As
/
per plat thereof on Pile in Plat Book 2, Page 5, of the Public Records of
St. Lucie County, Florida, •
ST. LllCIF
~ COUNTY
;
o~ummt14o~
6 1!! p11Yli1ENTOF7AXE5
' REGEIVEO i •?ttT~`~ ~tBIF P~O'f~r1Al PROPER7Y. v C~--
n~~E Ot'1 C1.A55'G ^a. ~:z _.•P 1941. u n o~o C~~ 1
PU:75U~:+iT;~ ~HAPiEn 2C7• ° a 3~
- Ct ~rk L'irc~~:t urt Q, m ~ ~r~~T
OS Ac"r.t f~r,~u Ti~ ~~•'S ~
?~~1 L
~ax Cd r ~'.:c ~ O•~7
St. luu• C~un1Y • , , tt;=i
_~r 4
DEPUTY CLERK ~N'~~c"''~~lJr
~ -t
Br ~ t t 1 ~ S~'-
t CO ~--~t:.
~ ~
~ ~IU.~~'t)Ilili(IXY
.
together with ~II and ~kgol~r th~ t~nMneots, he~sd'~tunenq and appurtaoces therounto belorginp w in ~nywpe appert~inirg therNO, and ~II reets„ isw~a, #
prxeeds and profib aarvi~g and to ~cm?~ from ssid p?emaes. ~II of which we i~ctvded in th~ ~lwvr and forpanp descr}ption and h~bendum. ~
:
TO HAVE AND TO HOLD tM ~bow describ~d ~nd yranted premaes unro tht satd MORIGAGfE, its wa~sso~s ~nd usfpns fortva. Md th~ satd r
MORTGAGOR for t h R i r Min, ~:ecutors, administ~a~ors and auiyns, heraby cow~ants with the s~id MORTG/1GEE, its suttaswn and ~saipn~, :
rhat lawfully s~ized of tM said premises in fe~ i~mple: that tM sam~ ~re fns, clear ~nd ditcl»r~ad fran all Ikro and ~rKwn-
brenus tn law w tn .qui~y, «d ths, the~V_, wil~ and the ir heirs sh,~l wan.m ad d.f.nd th. ttrl~ to th. s~ne w N» atd
MORTGAGEE, its svcceswn and ~uipro, forwer ayainst tM IawEul claims ~nd dem~nd~ of all perswnt
PROVIOED, AlWAYS that R tM MORTGAGOR shall piy unto tF~e IHIORTGAGEE tl+e promissory not~ hsrtinbefon dewib~d and ~hall huly, pron?ptlp
ared futh PMla~. d'ach+~y~ execv~~. tompl~t~. camp~Y with snd abide by esth and every tFk stipulatioru, spraemenb, conditiom u~d oovmar?b of said
promiisory noq and of thia Mort~pe, thsn this Mort9sqe and the Est~te hereby vested sMll uas~ and b~ null and void.
IT IS UNDER5TC10D that Ih~ word "Mortyapor" whether i~ the :ingubr w plw~l anywhere in this Mortgay~, shall bt sinyvla if ont onls ~
shalt b~ pkrrd iointfy and ~ewrally ff mon than orr, ~nd that tM word "their'• ~s vs~ed anywhero in tha Mwfyap~ sh~ll b~ t~ken to m~a~ "his," "hers;'
or 'ib.` wh~nwr th~ com~nt w implia or adm'rts. Also, thst where+er there is a refere~ce in tl~e o~ven~ots uw! ~pr~emenq i~ein ow~tain~d to ~ny of
fM partMs h~to, th~ ~anr ~Mtl b~ cautrued to mean ss weil as the hein, IsQal repreaentatwei, waeuws ~nd ustpro (eitlwr voluntary by sct of th~
p+rti~s w Inwtuntary by op~r~tion of th~ law) of tlr sam~ ard tMt tM coveewnn hKein contained shsll bind and th~ bu+efin and advamapa inu.•
fo tM r~spatiw Min. Ip+l r~pntentatiws, succeswrs ud ass'yns of th~ parti~s hereto. o
Md s+id Morp~pas, tor tlnnwlws ~nd their he'vs. 1~1 rp~ss~nativea, wcussors and ~ai~~u, her~by ~ointly and aewrdly covMant and ap?~e ~
to and wHh th~ s~id N10RiGAGfE, its suoasion ~nd asigm:
1. To pay atl ~nd sLgul~r tM prinapal and interat and th~ vuian and wedry wms of mon~Y P+YaW~ by vinw of s~id promiswry rwt~. Md thi~ t
mort~+p~, wch ~nd ~y. Prompt~Y on tM dari r+iPet?ivdY tl~ sam~ stwr~l(y bacom~ due.
TO p~y i~~ HI~ ~M IIN taltl~, MNS1rM~ffi. ItviN1. li~bilititf. 0~71iQifiOt# NId NK1MAb?+flCq Of fvlry ~litW1 Md ~Jl~ IIOW OA Hif~ f~Wl~
prol»rtr. « N+a h...aftK m.y b~ ¦npoud. svff«.d, pl+ad. ~wisd• o. saessed rhe.eon, w lhar he.l.fr.r may b. kvied a as...a.d upon +hls Morp~
+q~, or th. h+d~ebt.dnsts wa,r.d Mr~br...ch .nd .wry, wh.n dw and paybl., aaordirg ro law. Mfa. tbey becom. d.lieqwm, and br(on any iiu.r.u
att~ch~s or ~ny p~nahy la bpirttdj AND INSOFAR AS ANY THEREOf 15 OF RECOItD THE SAME SliqlL dE PROMPTLY SATISf1ED AND DISCHARGEO OF
RECORD AND iHE OR161NA1 OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, tHE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED
OR CERTIFIED) SMALL 6E PL/ICED IN TME HANOS Of SAIO AAORTGAGEE WITHIN TEN ~AYS NfX1 AFTfR PAYMFNT; and in the ~wM t!?it u~y tl~er~of it no?
paid, ~at'sfi~d and diuMr~d sa;d INpRTGAGEE may at any tine pay the sarr~e o? any part tf+ersof without waivinp w affectinp a~y opYwn, lien, puity a
•~yht undN or by virtw of this monya~e ~nJ tFw full amount of each snd every wch payment shap be imrnediate(y dw ~nd p~y~ble ~nd shalt bw inhr~st
F•om rh~ dat~ tlKr~oi wrti! piid at ntt o) nine pe~ cenlvm per ~nnvm and toyether w~th wch i~te~est shsll be secwed by the Ikn of th:s morytp~. ~
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: ~ ~r . - - - ao K 164 ~ _
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