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TNIS INDENTURE, Mad~ ~I~s 28th day of Apl11 /l.D. 1970.. betw~a~
Frederick 5. Davis. Jr. and Alice C. Davis. his wife
of ~C1e tpr,fy Florida, Mr~inaf!M d~sipnatsd ~s the "MORTGAGOR," and FIRST FEDERAI SAVINGS AN~ IOAN
ASSOCIATION OF fORT PIERCE, a corporation orp~oiz~d ~nd existinp unde~ tM law~ of tM Unittd St~t~s of America +nd havtnp i» principal pl~c~ of
buuosu in ~Iw Gty of Fat Pi~ru, St, ~uci~ Counry, fluida, hw~in+fi~~ desip~at~d as N+~ ' MORTGAGEE."
9~900.00 c r
WHfREAS tM AiWRTGAGOR is ivatty ind~bt~d ro th~ MORTGAGEE Iri !he sVm of ~ , pood and lawful mon~y o the United
Statei ~rJv~nced by ths MORTGAGEE unto ths MORTGAGOR. +s ~videnced by"a cat~in promiuory ~ote of ave~ date herewitF~, of which tM followinp in
wads and fiy~res is a trw copY. towit:
= 7,900.00 ' r,~,_ 16,294
P~~. F~,~. APr i 1 28 ~y 70
for value received, 1, we or eithe~ of us, promise to pay, without defak~hon, ro the wder of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERtE at Fort Pierce, Florida, the aum of = 7~ 9O0 with interest from date at the rate o18 • 75 % per snnwn, in monthly install-
ments as follows: = 7Q•~ on ths lsthday of JunQ , 1970 and a like sum or. the correspa+diny day of each month the~r
after until the whole be fully paid.
Each installment first shall be apptied in payment of ths interest ~nd rhen on the unpaed balence of the p?intipal sum. If default is mad~ ln the ~
paymero of any installment whea due, and such defa~h continuei 30 days, the~ at the opYwn of the holder, and without any other r+otice, all tt?e remaining
~natallmcntt shall be due and payabk at once. Privileps is yive~ to p~epay fhis oote in whole w in part at my fime witho~t penalty. Neither forebearance, ;
nor accepta~e by the holder thereof after any default i~ sny paymenfs hereon, sMll be deemed extension. A late payrrKnt charge of ~ 3• 5O shall bs ~
added to cach installment ?emainitg unpaid 7 days after its dw dat~, snd • like sum shall be added to cach such installment ~emainirg u~paid 7 days after !
each succeedirg payment date. *
Each maker, surety and erawse? hereof, jointly and severally, waives demand, preseotment protest and notice of protest for no~payment, and further i
agrees to sny extension of time of payme~l, eithe? befora or after maturiy, without ratice to any of us; and to pay all costs of collection, includ~ny s
reasonable attorney's fee in the evenl ot sny default hereunde~, ~nd her~by sever~lty waives all benefit of homestead and excmption under the constitWion
and laws of exh $tate of the United States, as against this obligation w any extension a renewa! herepf.
Witness the hsnd and sal of each party.
/s/ Frederick S. Davis. Jr. ~Ai~ ~
cs~?u
is/ Alice C. Davis ~
~ $11. 85 ~ statr Rev~nw '
NOW, TNEREFORE, tM MORTGAGOR for the purpose pf secvriny p~yment of ssid sum of = 7s.y~• ~ , ~nd ths perforrtwnc~ of tM ~
coven~nn •nd agreernenn her•iasher expreued. ~nd fw divers yood a+d valwbt~ coosider~tions, by thas~ presents, docs pr~nt, barpain, se{I, rem]~e,
as
release, co~vey and confirm unto the MORTGAGEE, ib succca~on u?d ~uiyns, dl tMt tertain lot, piep or parcel of land, sitwt~, lyinp, and beinp in the
Co~oty of St. L11C1@ and State of Florida. d~avilxd a follows:
Rfi-PLAT of -
Lot 11, Block 3,/SUNSET PARK SUBDIVISION~ as per plat thereof
i
recorded in Plat BoQk 11, page 28, Public Records of St. Lucie
County, Florida,,j
R~~ _ " a U IN PAYNE'[T OF TACES ~
DUE DM C S'C INTAf:GJEEE PE°SC'~ ?7JPERTY,
PU3SCAHT TO CHAP'TcR 20124, AC'.; Os' 1~31. ?
P,CG~i PC1?f,hS, C:erk Circuit CoJrt ~
- c~- f- L U F-~ ! i~ i~ as Ager:t f.~? cr,lli'L N. Kt30WLES, JR
5 i"i-. t ~
c~ OOCUh;tNTAp-- 5~~~~P
T'-''-~ St Lucie Ceu;.t~ Tax Collector
f- - )
_ _ k° 24'7~ ~ y~ ~ ~
j - R ~,i r. - 8~_ By c lJl~!t
~ - ~
U ~ DEPUIY ClERK
N CQ 1PTHOLIER~~_, i ,
?
P.B. ~ ~o, a3 c~y
`~------~'t:
i
~
together with dI and si~?pul~r ths teMments, Aertditaments u~d appe?rlances tFarevrtto bda~pinp or {n anywis~ ~ppertsinirg therNo, and al) nr~», issuea -
proceeds and profin acauirg ard to ~ccrw from ssid premises, all of which an includsd in the abow ~nd forpdnp d~wiption ~~d habe~d~m. i
TO HAVE AND TO NOLD the ~bow destribed and yr~nted premis~s vnto th~ s~id MORTGAGEE, ib wotasots aed atsiyns forwer. /1nd th~ saW '
their
MORTGAGOR fa Iwin, sxecuton, ~dministr~tors ~nd auigro, hereby oown~nb with ths s~id MORTGAGEE, its waesson and ~ssipns,
rhst I~wful ~eized of the ssid premisp in fN
they are ~ s;mple; th~t th~ wM an fns, clear ~r~d d'achrryed from aU liens ard ~rKVnr
b~ances in law or in equity, and ths+ they ~II and their hein shstl wu~ant and defsnd tht titl~ to tht sa~n~ to t!r iald
AAORTGAGEE, ib s~cuswrs u~d assiyrq, fwever ~ysinst the lawfu) tlap~u and demar~ds of d! perswrt
PROVIDED, AlWAYS th~t if th~ MORTGAGOR ih+ll p~y unM the MORTCsAGEE the promissory note hertinbefor~ datribed ~nd shall trvly, promptly
and fully perio.m, dluMr~e, execute, compl.~~, comply wi~h and abid~ by each u~d wKy fhe stipulations, praamen~, oondiriwu and cwMann of uid
prom~ssory no~e a~d of thii Mwtyage, t}ien this Mortpap~ ~nd the Estate hereby aeated thall ceas~ and b~ null arw! void.
I1 IS UN~ERSTOOD that fhe word "Mort9~yor" whether in the sin~vlar a p1w~i anywher~ im this Mort9a~e, shall b~ sinpulu if a» only and
sMll be plural jointly ~nd s~va~ly if mor~ than one, snd that the word "their" u used anywhere in this Mat9pe stull bs taken fo msan "his:••'h~rs;,
or i» whersva ths conte~t so impfies or rdmits. Abo, ~M1 whe?ew? the~e k a r~f~rence in tM covManta snd sQr~n huein oontaind to any of
rhe p~?Y~es hereto, tl+~ s~r~x ~1»II b~ cwntrued ro msan a welt ~s th~ hein, leyal npresenqtives, succ~sson u~d w;pr~s (~ithK voluntuy by aet of th~
p~rt~ w invduntary by ope~~tion of the law) of the u~ ~r+d th~t the cov~uori Mrein contained shaH bind and the bsaefits and adv~ntpes kwn
to tl~e rap~ctiw heirs, Mp~l r~presentatives, successon and au?pe~s of th~ parti~s Mrata
Md said IHSwtyapws, fa themselvts ad the'w Mirs, leysl r~pr~a~ntativp, succeuas and auipro, hereby jointly and sevually coven~nt ~~d ~yne
to and with the said MORTGAGEE, its svccesson and aui~ro:
1. To pay ~II ~nd sinpulu t!» princip~l Md interrst ~nd tM wrian and suniiry wms of money paYabl~ b~r vHtv~ of uid pomiasory not~. ~nd tl~k
mwtpay~ esch ~nd w~rY, P~~tly on t!w dayt raspectiwly th~ sanw stv~raly b~cane dw.
2. To p~y ~II and sirgvlar tM tax~s, ass~sun~nt~. I~vies. Ii~biliY~es, oblipations and enaxnb~ancq of wery n~twe and kind now on s~id d~scriy~d
P~oP~?tY, or tfi~t h~reaher msy b~ impaed. wffer~d, placed, levied, or ~wsf~d therson, w tMt harNtter may be levied w us~ssed vpon thk Map-
aQe, ar rhe indrbt~dnas sear~d her~bY. ~+ch ~nd ~very, wMn dve and paysbl~, acoo~din~ w taw, b~fon th~y b~core~ dNinquent, and befon any Gmrat
a o
anaches a~rty penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMP?LY SATISfIED AND ~ISCHARCsED Of
~2ECOR0 AND THE ORlGINAt OfFK1Al DOCWNfNT (StKH AS, FOR INSTANCE, 7NE TAX RKEIPT OR 7HE SATISfACT10N PAPER OffICIAIIY ENDORSED
OR CERTIFIED) SHAII 6E PUCED IN THE HANDS OF SRID MORTGAGEE Wf7HIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt ~nr t1~er~of is no1 '
p.id, sar.sfied u+d d~xharqed sa:d Al10RTGAGEE may ~t any time ps~ Ih~ sarrw or ~ny part thereof witiw~t w~i,riny o? affecrinp ~oyr oprion, lien, eqvity or ~
•pht vnder o~ by vinue of this mortya~e and tF~e f~ll amount of e+sh and every wth paym~nt ahall be immediately due and paysbb and ahal! b~u intertst ~
~rom the dNt thereof until peid st r~te of nine per centum pN ~nnvm and f ether with wch inte~est shatl be secured by th~ lien of th:s morytpe. ~
6flOK~~~ PAUf ~.8~