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TH{5 INDENTURE, Madt th~ th day of 1 - A.0. 19_~. betwee~ ~
William F. Sam~aon and Bor~ta d S~~ 40 , hiA ti.t fR
of ~CiA Co~nty florid~, hK~in~fte~ dfsignated ss t}+~ "MORTGAGOR." and FIRST FEDfRAI SAVINGS ANp IOAN
ASSOCIATION OF FORT PIERCE, • corpaatian orpa~izad ~~d exittinp un~ ths laws ol tlw~ Un~ted Statos of Ameriu a~d Mving its p•incipa! p~~u of s
bvam~u in tM Ciry of Fort Pie~c~, St. luti~ County. Florii~, he~~in~fis~ d~tgr?at~d as tM "MORiGAGEE." t
4t !~0`~ ood and iawful monc of the Un~ted ~
WHEREAS tl+~ MORTGAGOR is jvatly w~d~bt~d ro thi 11AORTGAGEE in tM sum of s_ g Y
Searei advanced by tAe MORiGAGEE vmo tM MORTGAGOR, as evidented by • cwtain pramiuo~y ~ote of even date herow~th, of wh:ch ~he following i~ i
ordt and fi9ure~ is • trw copy, to-wit: ~
z 4t , 000.00 N, 16, 875
fort Pierte. Florida. ~~h ~ ~ 19~_
fw valve received, 1, we a either of us, F+romisr to pay, without defatcation, to the order of FIRST FEOERAL SAVINGS AND IOAN ASSOCIA110N OF i
FOR~ PIERCE af fort Pie~ce, Fb~ida, fhe aum ~of~
a:~ w~th intereal from date at the ra~e of _T~~~o }xr snnum, in monlhly io~tall-
~-.e~rs as fol!ov~,s: =~3T o~ the _l..~Seil day of +1 ~ 19_~1__ •nd a hke wm on ~ha correspond~ng day oi each mortth thera-
et~er until the whole be fuily yaid_
Each instalfinent first shall b~ applird in payment of tM interesl and ~hen un the unpa~d balanie oi the p~~nc pal sum. If defau~t is made in the
F a; meM of any installr»ent when due, and wch default continues 30 days, the~ at the opt~oo o( ~he Fwider, and withour any other notice, ali the remaimng
<<stallments shall be due and payable at once. Privile~ is given to prepay lhis note in whoie or in part at any t~~.~e without penalry. Ne;hjr jfx~bearante,
6. rs
nor acceptante by the hoider thereof ~iter any default in ~ny pay~++er+ti hcreon, shall be dermed extcnsion. A late payment charge of S__-__.- shall bs
_~dded to each installmeM remain~rg unpad ~ d~ys after iri dve dats, ard a likt sum ahall be addrd to each su.h instaltment rcrosining unpa~d 7 dayi +iter
each svtteeding payment date.
Each maker, a~rety and endaur hereof, jo~nlly ~nd uve~ally, waives demand, presentment protest and no+~ce of protes~ fo. nonpayment, snd further
ag+ees lo ~ny extensa~ of time of payment, either befon or afte~ maturity, withouf not~ce to any of us; and to pay aU costs of collrctio~, includ:ny a
re~sonabk attaney's fee in the event of ~y defautt hereunder, a~d hereby ~evcrally wa~ves a!1 benefit of homestrad and esemption unoer tFx cw+stitution
a;:d laws of each Seate oi the Un~rcd States, as a~ainst this ob~i~+tion a any ex~ens~on w rencwal hcreof.
Witness the hand and seal of eacl+ party.
s/ lelilliaa F. S son ~~U
. s Bonita G. SAmnson ~n~y
~ cs~~u
~ $61 .5~ ~ sid. a.,,..w. . _ c~u
NOW, THEREfORE, the MORTGAGOR fp th~ purpose of tecvrirg payment of said wm d S ~~d the Pe?form+nce of ths
covenanh ~nd ~greements hereinafte~ e~presaed, ~nd fw div~rs 9ood ud valwbl~ consideraYans, by tF~ese presents,. docs yrsnt, bargain, se11, rem~se,
re<ease. conveY and conf~t. np Ch4 N10RTGAGEE. ib succeuors and +ssyns, ~11 tlwt cert~in lo~, piece a pucel of land, situate, lyir~, and beinp in ths
~o„ny J~ ~@ u~d Stat~ of Fbrida, dfwibed ~s fol{ows:
,
Lot 13, RIVSR OAK ffiTATffi, as per plat thereoP on
file in Plat Book 16, Page 5, of the Public Records
of St. Iucie County, Florida, ?
i
~ o s
` t P~:~+E*rr oF r.vcEs
; _ ~ . DJE ~1 CIJIS$ 'C' I(i?.4\; ~QIE 'L~.,^t1aL P;it?PEFTY,
W S 1
Ai' t- i.. t) t-2 f UA Pl:;'S~~NT :o c~~R.a-: ac~s er ~~si.
i
~ e~ ~ DOCUMEIvT~^~ S?AMP TdX RQS~P, P01~=.,5. C~erk Cir~uit Ccu~t
's ~ j =~15'71 - as Agtr,t tOt "~+;;~L N, KPICWLES, 1R ~
€ ~ ~ = R~~~~• s ~ 5 St lzeie Cou:.n iax Collector
N C0~1PiROLLE _ ~
~ P.3. ~9a~3a = ` - B
y c
g DEP1li1f CLfRK
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ry +oflerher w~th all snd si.gv!ar rhe tenementa, l+aeditamenb and appurfances th~reumo bebrging oc in snywi+e +ppertainin~ thersto. ~nd dl rents, iasu~s,
~ prxeeda ~nd p?oi~ts acvuirg ~nd ro ~cuw from said pr~mises. ~Il of whid~ ~re included in tM abow snd fweyoirg deuription ud Mbendwn.
~ TO HAVE AND TOtHOLQ the +bove dsscribed +nd ~ranted prem~ses vnto tF+t said MORTGAGEE, in successws ar+d assiy~s forwer. Md tM s+id
~ MORTG R fa -~~@ir-- h~irs, e:ecwon, admin:str~tors ~nd auigns, hercby cov~rta~b with the s~id MORTGAGEE, i» waessas +nd assipm.
~ +t,at -~8-~ a~ - lawfvlly feized of tM s~id preenis~s in tee sirnpls: tMt tht sacn~ u~ fr~a, cka~ ~nd discharyed from ~11 liera u~d ~ncu~
~ erancts in law w in equity, snd that t~~ will and their hein shall wurant aod d~fend t}+t titlt b tht sue» ro the said
~ .MORTGAGEE, in succasso~s and asaipro, forever sy~inst the lawful claims snd demu~ds of all persoro; ~
PROVIDED. AtWAYS that if th~ MORTGAGOR shall pay unro tM MORTGAGEE tF~t p.omissorY note hers~nbefwe dycribed and shall uuly, prompt:y 4
- and fully p~rfam, d7schar~e. •xecvte, cample~e. canply witl~ srd abid~ by each and ~very the stipulNiau, ayreements, conditia» and covenants of a~id ~
promiftOry not~ ~nd of this Mwt9a9~, then this Mwt9ye and tM Estate h~reby aeated shall ce~s~ and b~ null and void. j
~ IT IS UNDERSTOOD tl+at the word "INort9apor" whetF~ in tht sirgular a plwal s~ywhert in th~s Matg~ge, ahall be sir~vlar if a» only snd '
fhall b~ plural jointly and sever~lly if mor~ than a». and that th~ wwd "thtir" a used anywhert io tha Nlwt~aQe ahall b~ t~k~n to rn~an "hh:• ••hsrs:•
` a"i»;' wh~r~ve? tht context w implies a admin. Aho, that wFK.ever thers is a nference in th~ cwenann and preementi herein cont~ined to ~ny of
~ ~he p~rti~s hereto, the samt ahall b~ constrved to me~n ~s wdl a the hein, fpal r~present~tives, wcctsswa snd auipro (cither wluntary by ~ct of th~
oer~i~s a invdw+ary by ope~~t~on of ?he I~w) of tlw s~rrK a+d that the cove~+nts FKrein con+a~ned shalt b~nd a.+d rhe ben•fin •nd .dwmayea irwre
ope
fo th~ rsip~ctiw he~s, teqa{ reprsse~t~fives, wassaors and ~u'qns of the pxtiK haeto_
~ Md said Mortyayas, for themstlws and thei? Mirs, kgal rtprsae~utives, wcussas a~+d ~upn~, hcreby joi~tly and s~veraUy coven~M ~nd apree
~ ro ~nd with tM said MORTGAGEE, ies weussors and supm: :
s
's 1. 1o pay all a~d sinpvla th~ p~incipd and inte~est and tM wria» ~nd sundry w+ns of mon~y paYablt by virtw of Hid prom~ssory not~. ~nd tF?is j
~ ^+ortq+~e, tad+ and wery. Pra^Vtty on the days reap~ctivdy tl+~ ~nne sw~r~lly becan~ due.
2. To pay all and sinpul~? th~ taxes, askss~+~ee?!s. Iwies, liabilities, obliyaYwns Md encumb~ar~ces oF wery natw~ and kind now on said dtscr~ed i
~ p~opKty, w rhat hereafler may be Nnposed, wfia~d. Pl~cd. Iwied. a aaeiied the.wn, a tM~ hereaftsr m~y b~ kvKd o? ~ases~ed upoe thi~ Mort¢
p~, or tM ind~beed~es~ acured he~eby. ~ad~ and ew~y, wMe dus and piy~ble, accadirq w law, bsfwa they becane delinquent, u~d b~for~ ~ny inr~r~st
- aTraches or ~rtlr pe~+hy is ir?curred; AND INSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAtI aE PROMPiIY SATISfIED ANp OISCHARGED OF
~ RECORO AND THE ORIG1NAl OiFIC1Al OOCUMENT (Sl)CH AS, fOR INSTANCE, TNE TAX RKEIPT OR iHE SATISFACTION PAPER OffIC1AlLY ENOORSEO
~ OR CERTIFIED} SHAII SE PUCED IN TNE HANOS Of SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFtER PAYMENT; ~nd in the ~vent rMf any rhereof is nw
- c+~d, s~t sfied ~nd dixMr9cd sa:d AAORTGAGEE may at a~y t~me pa~ the iame w any part thereof without w~iring or a1(ectiny aoy option, lien, tquiry a
•~~ht undtr w by v~rtue of ~his morry~ye and the fvll ~moum of each ~nd every ivch paymem sMlt be ~mmed~ately due and pay~bk ~nd ~hall b~u inte+est
'i ~•om rhe daie thereof uro~l pa~d r~te of n;ne per cem~m p~r ~nnvm ~nd ~~he~~uch ~ntet~i~„~~{~e secu.ed by the li~n of th's ma9tpt.
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