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THIS INDENTURE, AMd~ tl~~ 23rd day of Februarv , A.D. 19~ b~twNn
Rachel Lee. a widow
of St• I~UC3.9 „ County florida, hKtin~ftK d~tiynat~d af fhe "MORTGAGOR;' and FIRST fEDERAI Si1VING5 AND IOAN
ASSOCIATION OF FORi PIERCE, a corpaation oryani:ed ~nd exiitinp undN tM laws of tM Ueut~d Stai~~ of Ame~it+ and h~vir?p ib principd pl~c~ of
butin~u in th~ Ciy of fut Pi~rc~. St. luci~ Cou~ty, flwlda. he~einai~M d~~ipnat~d a tIM "MORTGAGEE."
WHEREAS tM MORTGAGOR ia jwtly ind~bMd to th~ MORTGAGEE io th~ swn of =~~.BIlQ~~- good +~d I~wful money pf th! J,)~:ted
St~tes advsnced by ths :SORTGAGEE unto the MORTGAGOR, as ~videnced by ~ cwttin promiuory note of even date herew~~h, o( wl~~ch tlu iollowiwp In
wads and fq•vq i~ ~ trw topy, towit: . .
:3.800_00 ^ ih.7~a ~
~ P~~.~., F~«~a., Februarv 23r-.~ iv~
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Fa valw received, I, we or either af ~s, promise to p+y, without defalutios+, to the orde~ of FIRST FEDERAI SAVINCaS AND IOAN 11S50CIATIQN OF
fORT PIERCE a1 Fat Pierce, Flwida, the sum of i~~~~ ~ wiM inter~eip~ kom dah at Ihs rate of per ~nnunt, in monthly install-
ments a~ (ollows: 5~ a, ,h. d.y or April , 19~2.5L snd a like sum on the correspondinp day of esth month thert-
after until the whole be fully paid.
Each installment finl shall be applied in psyment of the interest and then on the unpa~d balance of tM p+incipsl sum. If default is msde in tM
payment of any inst~llment wFun due, a~d such default continues 30 daya, then at the option of the holder, and without any other notice, sll the remsi~~n9
inst~llrt~tt shall be due and psyabk ~t oncs. Privilege is yiven to prep~y th'n note in who~e w in p~n at any time without peoalty. •Neither fwebear~nce,
oor sa~punc~ by the holder thereof ahN any defwtt i~ ~ny paymH?ts Fwrwn, shall b~ dKm~d-tatension. A late payment char~e of s.~., shall bs
adJed to ~sch iostaltw~ene ramaininy ~npaid 7 days aftsr in dw date, and a like wm shall be added to e+ch such insiallmer?t ~an+ioinq w+paid 7 d~~rs ~h~r
~ach sucteedinp p~Ymant date•
Each make~, surety and endo?ser hereof, jointly and severally, waives demand, prese~tment protdt ~nd eotice of protest fw nonpayrrKnt, and f~rtF?e~
•grees to sny extension of time of payment, either betore or after maturity, without notice to any of us; and to pay ell costs of collection, includi~y a
rcasonablc attaney's fee in the event of any default hereundcr, and hereby severally waives all benefit of homestead and exemption under tFM canititution
and lawt of each State of the United States, as aga7nst this obligation w any extension or renewal hereof.
Wit~ess the hand ~~d sesl of cach party.
s/ Rachel Lee, a widow ~
cs~?u
cs~?u
` ~ • 7 0 ) StaN Revenw
(Srampa uno~lkd an oripin+t nor~)
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvrirg paymtnt of taid sum of j 3 s 800 ~ ~nd tM performance of fh~
cov~nsnts and ~nemenn hersinafte~ expressed, and fw diven good snd wlwble caaiderations, by these prese~+n, does yrant, bar~~in, sell, re.niss,
release, convey ~nd confirm unto tla MORTGAGEE, ib succesw?s and auipns, alI tMt urtain IoL pisu or parul of la~d, situ+te, lyin9, and beinp tn 1M
C~~y ~ S t. I,UC ~ A u?d Stat~ of Florida, dtioib~d u follaws:
Lot 23 of Mary A. Chappell's Subdivision of the E2 of the NW4 of the AiW4
` of' IJE4 of Section 9, Township 35 So:ith, Range l.~0 East, according to the
plat thereof recorded in !'lat ~3uok 5, r.age 52, public records of St.
' Lucie County, r~lorida,~ 5
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topether with all and singu~u ths tenements, hsrediqments and appunanus thereunto belonpiny or in anywise ~ppertainug therero. ~nd ~II r~nri, tuws.
proceeds •nd prof~n +cvuing and to sccrue from said premises sll of which ue includ~d in tha ~bov~ ~nd forepana dewiption and habendwn.
TO HAVE ANO TO.HOID the ~bove described ~nd yr~nfed premises unto th~ said MORT('sAGEE. iri suctessws ~nd ~saipns forevK. And tlw wid
NWRTGAGOR fa he2' Fwin, executors, ~dministuton and auigns, hKeby cown+nri with tM iaid MORTGAGEE, it~ sircusson ~nd asipns,
th~t 3he i S lawfully ~eized of tM aid premises in fee simpl~: that the same ~r~ fre~.. clear and diecMr~ed from all liens and ~ncw~-
~~W a~~~~fy~ ~ 3t1@ W~~~ t16I' heir} sha11 warrant and dehnd rh. ~irle ro rM su~e ro rh. wid
MORTGAGEE, in svaeuors ~nd +uiyns, for~vsr ayair+st tFw tawful cl~imt and demands of all p~rwrn; d
PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE tM Qromisfwy not~ M~~inb~ior~ dewibed and thall trvly, ptomptly ±
and fully perfwm, d~sdurpe, exccut~. compkte, comply with a~d abide by ~~ch ~~d ~vcry tlk stipulatio.u. ~praeA~e~», condition~ and covsnanb of said
promiswry noq and of this Mortga~, thee- this Mwtys~e and tl» Estat~ her~by aeat~d shall ce~st and b~ null and voiA. 3
11 IS UNDERSTOOD that tM word "Mortypo~' whNher in the siegvlar w plural ~~ywhsre in thia Mat~ap~, shal) b~ si~yulu if on~ onty ~nd
sMll be plural jointFy ~nd ~evenlly if mor~ than one, snd that the word "their" as used anywh~r~ in Mis Mwt9aye shall be uke~ to m~an "his,•• •'hen;'
p"its;' wherever ths con~ext w implas or admits. Abo, tMt wherever fhert is a r~ftrenct in the tov~nanri and apr~emenb hertin tontaiMd to ~ny of
tM p+rties herefo, th~ same shall be constrved to mean ~s well u th~ h~in. Ipal npresent~tivei. ~uawuws and assiyro (sither volumuy by act of tM
parti~s or involuntary by operation of tM bw) of the ~~me and th~t the covenant~ hKSin cont~irwd ahall bind and tM benefi» ~nd ~dv~m~pes inur~
ro tM r~sp~Niw Min, le~al represenrati~res, waeswn and ~ss~ym of tF» pWti~s Mr~to.
And uid Morty+pws, for themselv~s and their Min, kyal rsp~etentatives, s~cuswn ~nd ~uiyen, her~by jointly and ~everally ooven~nt and apr~e
to ~nd with tFM said MORTGAGEE, in wcussors ~nd +uipns:
1. To pay all and ainpulu tM prinap~l and int~rest ~nd the vuiovs and ~widry wrry of mon~y paY+bl~ by virt~e of taid promiuar nots. ~nd thu
matpape, each ~nd ~veiy, pompty on the days respectiv~ly th~ s+rne sw~rallr becane due. t
2. To pay sl) and sinpul~r th~ uxes, auesurMnb. Iwies, liabilitas, obliy+tio~s ~nd encwnbr~nc~s of sv~ry n~rure ~nd kind now on s~id d~wib~d
property. or that henaft~r may b~ impos~d, suff~r~d, plaad, kvad, o~ +ss~s d tl+Kwn, a tMt htrt~fter m~y k» levied a uksied upa~ this Mat¢
ay~, w tFw ind~bt~dnas secw~d Mnby, each and ~rNy, when duc aod p~y~ble, accordirp ro law, before tlxy becorn~ delinqvent, ~nd be(u~ arry im~res~ ;
~tt~ches w a~ryr penalfy is inturrtd; AND INSOFAR AS A THEREpf IS OF RKORD THE SAME SMAU dE PROAAPTLY SATISf1ED AND DISCMARGED OF ;
RECORD AND THE ORIGINAL OFFI~IAI OOCUMENT (SIK~ A5, FOR INSTANCE, 7HE TAX RECEIPT OR THE SATISfACTION PAPER ~OFFICIALIY ENDORSE~
OR CERTIFIED) SHAII SE PUCED IN THE HANDS OF S/lID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; and in the tvent thaf any thtnof is ~ot
paid, sat"sfied +nd d~sch~~qsd s~:d MORTGAGEE may at any time pay tM same w a~y put the~sof without wa'winy a ~ffecti~p any opwon, lien, ~qvity a
.iphr under a by virtue of tha mort9ay~ and the fvll amou~t o( each +nd ewry wch paYment shall be imnediat~ly dw and p~yable and ~hall b~u inta«s~
~rom tM d~t~ thereof until psid st rate of nieK per centum per annvm ~nd royetMr with wch iMNNt fFNII b! securd by tM IiM of th:s morytape.
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