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?Hi5 INDENTURE, IWd~ th~ 17th d,y o+ September ~.o. iv_Zl... b.nN..~
Dewey T. Palmer and Faye N. Palmer, his ~?ife -
o~ SL. Lucie ~ CW~~y F~~, ?wr~inahK d~signattd ~s tM "MORTGAGOR," and FIRST FEDERAI SAVINGS ANO LOAN
ASSOCIATION Of fOR1 PIERCE, a corpaation wpani:~d ~nd •xistinp under tM I~ws of tM Un7Md St~t~s oi America and I+~vinp Iri principal pl~a of
buuMSS tn ~M City of Fon PNrc~, St. luci~ County, flakla. hN~i~+fta d~sipaaad u tM "MORiGAGEE: •
WMEREAS tM MORTGAGOR is jwtly indtbqd b tM MORTGAGEE ie tM wm of = 14 , 4~. ~ - 9ood and lawful mon~y of 1F+~ Un~ted
Sts1a adv~nc~d by 1M MORTGAGEE ~nto tM MORTGAGOR, ~videnced by • cKt~~~ promisswy not~ of even date Mrewith, of wh~ch tlw followirq in
wwd~ and tiyurp h~ trw copy. ~o-wir .
~14.400.00 - ~ 3-17.418
_ ~ P~~.. Fi«b,, 5epteaber 17. ~y~,L
~
for valw r~ctiwd, I. vw or ~itF~ of ~i. promis~ to p~y, wilhout dtfalcation, to tM o~ckr of FIRST FEOERAI SAVIhGS AND LOAN ASSOCIATION OF
FORT PIERCE •t Fort Pierc~, Florid~, the sum of : 14 + 4~ w;th intertst (rom date at the rate of 8~ 0 X pe~ annw*~. Rwnth~Y ~^s~+~N
~.+enti as follows: i 121 on tM 15L day of November ~9 71 and a lik~ sum on tM cwrespa+d~r?p day of aach month tMrr
after until the wholt b~ iuliy paid.
Each ir?stallmtnf fint tMll b~ applied in paymeM of ths intaretf and fhen on the unpeid bal+nte of the principsl sum. If d sult is made in fM
`aymeM of any inst~llment wfiei+ dw, and such defaulr continues 30 days, then at the opt~~ of tl+e holder, and wi~hout any other not~ce, all ti~e remain~n~
~~sullm~nts sMll be dw and payable ~t o~c~. P~ivileQe ii yivsn to pr~pay this note in whole or in part ~t any Gme withow pe~?alty. Neither fwebeara~?ce,
nor ~tttpt~~ce by ths ho1dN thereof afte~ a~y default in ~ny payments hereon, shall be deemed extention. A late payment charye of i-~
`c_~. sh~ll b~
edded to each in~tallment remainirg unpaid 7 days ~(ta ib due datt, ~nd a like sum shall be sdded to e~ch i~ch insullment remainirg unpaid 7 days ~fter
eech iutttedirg paYma+t date. "
Each maka, surety and endorser her~of, jointly ar+d sever~lly, w+ives demand, preseromenr protest and notice of protest for nonpayment, and further
agreet to a~y ~xt~niion of time of p~ymtnt, eilher befor~ w aft~r maturity, without not~ce to +ny of us; and to pay +tl costs of collectron, includSnp a
reasonable attorney i(te in the event of any de(auh hereu~der, and hereby severally waives all be~efit of homes~ead and exemption under the cd~stit~tan
end laws of each State of tt» United S~~tes, as again~t ~his obliyatiwi or any exlension or re~ewal hcreof. ~
Witness the i?and and sNl of each psrtY• - j
S/pewpv T_ Palmer ~~q ~
cs~~u
s/Rave N. Palmer ~,q
tSF~?U
( ~21 • 60 ~ St~t~ RevMw
(5 "
purpos~ n~ payment of sa~d sum of = 14 400 00 ~
NOW, 1HEREFORE, tFa MORTGAGOR fw tt+~ of secvri ~ • , and th~ pe.fwmsnc~ of tF+~
coven.nn and .~nemenn her~in.f~e? exp.eued. and lo~ dive?~ 9ood snd valwbl~ consideratans. by thek prescnts. does y?ant, bar9~in, s~ll. remise.
releas~, conwy +nd confirm una t1+~ MORTGAGEE, in succeswrs ~nd ~ug~s, alt that urtain lot, pieu or pucel of I~nd, situat~, lyinp, and beinp in 1M - ~
Covnty of St . L11C le and Stst~ of Fbrid~, dtwibd ~s follows:
The West 40 feet of Lot 12 and all of Lot 13, Block 5, RUHLMAN SiJBDIVYSION,
as per plat thereof recorded in P2at Book 9, page 55, Public Records of St.
Lucie County, Rlorida, ?
RfCE1YED ~~r - IN PA'f1AENT OF TAXB
! WE Ott CI11SS 'C' Ik;MF.,IBIE PE:~SLI~AI. P~PE~i~.
i pU!tS',i~Al~( TO CW1Pf:d `cJ%ti. 11CTS Of 19/1. t
a f:06~R POITPJIS,, Gerk Circuit Cowt
~ W STATE oF ~ L O R IDA as ALent iot DANIEL N. KNOWI.ES, 1
~ ~ Z~~ OOCUMENTAp~ STAM__p_ r~X St Lucie Counb Tu Colkdor ~
t ~ v = SEP22'71- ` 11 ~ --r-- ` '
_,-`,w,,,, 2 I 6 0- q~u,,, c~wc
p8~~?s~R
' nro b~ i a in is~ • sinirg therfro, and ~1) rann, isswa, ~
ro9ethes with all ~.~d unpular .tM t~nements. he?editarMnb and ~ppurtances tM~w lon9 ^p ~^Y`"~ PP~'t
p.ocs~ds ~r+d profin +cavinp ~rd to acuw fran said premises, all of which sn included in tM abow and forpoinp d~wipYan aed lubadum.
TO HAVE ANO TO NOtp tM +bw~ d~scrib~d +^d 9~~^ted P«^+iws unto tM s~id MORTGAGEE, iri wccessas u~d aaipnt forevM. Md tM said ;
their t
MORTCsAGOR for Fxirs, executws, ~dministr~ton ~nd auigra, her~by covN?+ms with the said JNORTGAGEE, its wcc~saws a~d
fh~t th~y a re ~„~ully seised of the taid premi~es in fe~ simpl~t tMt tM s+m~ u~ frM, cfw and d'acl~arp~d kam ~11 liem and ~
~ b~snces ~n bw a in puity. ~nd that th~ will u+d their h~;n shall warc~nt and d~f~nd ~iw titb ro the sam~ to th~ wW
MORTGAGEE, i» ~ucaswn and +uipns, fw~v~r ayaimt tl+~ lawful claims and demuda of ~II p~rsons;
p~Y unto th~ MORTGAGEE tM promissory note her~inb~ior~ dNCrib~d and sMll truly, promptly
4~ PROVIOED, ALWAYS th~t if fhe MORTGACsOR shdl
~ •r~d fully p~rform. ~rp~. ~a~a+t~, ca~Pkt~, comply with and abide by ~sch ~nd wery ~he ~tipulstio.u, apr~en~n». conditian and cov~nanb of ~aid
~ p.omiswry ra~~ and of tha Mortp+y~, tMn this Mortyape and tM Estste h~reby a~ated shall u~H and b~ ~?ull ~od void.
IT IS UtiGERSTOOD th+t tir word "Mwtya~or" wMtF~ in the sirgular or plwal ~nywMr~ in this M~wtyap~. ~hall b~ sinpular if wr only and
~ shall bt plwal jointly ~nd Nwnlly if mwe than on~. and thaf tM wad "~Mi~" ~s w.d anywh.r~ in iha Mor~paQ. ahatl b. t.ken ro m.u~ "ha.° "Mn,"
o. "in," whe~eva tl+~ cont~~et so ~mplies w ~dmits. Abo, that wher~vN ther~ is • ref•renc. in ~h. cown.nn •nd pr..m.nn M.•in oonf•in.d ~o sny of
~ rhe parties hrrNO. the wn~ shall b~ cautrued ro m~u+ a~ wdt p the Min. Ipal ~~pnenutiws, succsswrs and ~ssipro (~itMr volunt~ry by act o/ th~
parti~s a invol~t~r by opaation of tl+~ law) oi tlw ~arn~ ~+d tM~ th~ cov~nants .Fwr~in cont~~rnd shall bi~d ~nd tM b~n~fin a~d adva?tpp inw~
ro tM r~sp~ctiw M+s, Ipal npresent+tiv~a, wcceswn and us~sro of th~ putiN Mr~to. _
/1nd uid Abrtqpon, fo? tMms~lves and ?Mir F+~ir~, bp~l rpnkntativ~s, wa~ssa~ ~nd usipns. 1+er~by jointly ~nd s~vNdly cov~nant and apne
~o ~nd witl~ the wid MQtITGI?GfE, its wcuswrs ~nd augro:
?o v.r .u .~,d .;~„i.. d,. P.~p.i .r,d 'ent~r~st ~nd tM vuaus snd ~undry ~wns of mor?~Y WY~ bY vlnw ot uid promiiswr not~. a~d this
monyp~, wch ard ~wry. WomP~ly on rFr daya nspectiv~ly th~ sam~ wv~r~lly b~corn~ dw.
2. To pnr ~II r+d ~inpul~r tM t~:es. ~a~sun~nt~. Itvisr, li~bilitiss, oblig~tions ae~ ~neuenbru~e~s of ~wry natw~ w+d kind now a? safd d~aerib~d
w~Y• a ri~a~ M/Nf1N nwy b~ impos~d, wfia~d. P~~ad, twi.d, or ~w~sud th~r~on, a ~ha~ M.e•fn. ma~ b~ t•vNd a as~s~d upon thia 1Mor~
aq~, a ~M ind~bqdnes~ s~cwrd I+N~by. ~ad+ ~nd w~ry, whM dw ~nd p~y~bb. accordinp to I~w, b~iw~ tMy becane d~finqwm, and b~Mh aW k~ta~at
arr+ches or ~ny p~ndty is incwred; AND INSOfAR AS ANY THEREOi IS Of RKORD TNE SAME SHAII SE PROMPTIY SATISilEO ANO DISCHARGED OF
RKORD At~tp THE ORIGINAI Ofi1CIAl DOCUMENI (SUCM A5, fOR INSTANCE, iHE TAX RECEIPi OR THE SATISFACTION PMER OffICIAIIY ENCORSEO
OR CER~If1ED) SHALL dE PIACED IN THE HANOS OF SA~~ MORTGAGfE WITMIN TEN DAYS NEl(T AfTER PAVMENT; ~nd in tM ~~~nt that any tMr~of h~+w
pa.d, a~t'ffied ~nd di~chwq~d u d MORiGAGEE n+~y ~t ~ny tim~ pay ~i~e sMM Or any pa~t IhNlo( wilhovf w~ivinp q•fl~crirq ~ny optan, li~n, puiy p
•pM under w by ratw o/ Ihi~ mortOp~ ~nd tFN iull amoum of e~cA ~nd ~vay such paym~nt ~MII b~ immediat~ly dw and pa~~blt and shall b~~? Mterpt ;
~.oen the daN tMMrw~ until p~~d ~t r~t~ o( nl~e per u~iwn p~r ar+nwn ~nd topst r wdh ~uch im~~~~r aMll be ~cv~~d by tM lian of rh:i ma~~ap~. !
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