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iM15 INDENTURE. Mad~ tM ~3rd d. or ~P't~ss 71
RraNc W. Rsce. Jr. and ~etty L. a'~ ce, his wil~ ' A•~• 19~ ~f~~
3-
oi St. Lpci~ Couny Flaida, Mretnaita d~ignstcd a~ the "MORiGAGOR;' and fIRST iEDERAt y1VING5 AND IOAN '
ASSpC1AT10N OF fORT PIfRCE, a cwpa~tion wpanis~d ~nd ~xistin~ ur~der th~ laws o( ths Unit~d Suif~ of America a~d Mvinp in p~incipat pi~c~ of
buuMU in tM City of fort Pitrc~, St, l~rci~ Covary, Florida. MfeiMI1M daip~ued u th~ "MORiGAGEE: '
WNERfAS tf?~ MORTGAGOR is ~usfly Indebud to 1M MORTGAGEE in the ~um of = 13L4~•~ good and law(ul money oi the Un~ted
Stetes advarxed by ~h~ MORIGAGEE unto th~ MORTGAGOR, as evidenccd by a c~rtai~ promisswy nota of even date he~ewilF, ot wh~ch 1M followinp in
words end fiyurei is ~ trw copy, to-wit:
s 13.~400•00 3-17~444
For~ P~erc.. Fto.zd., Septl~bez .~9a t9.~~
Fw value received, 1, we a e7lher oi us, promise to pay, wi~hout defalcetion, ~o the order of FtRST FEDERAt SAVING3 AND LOAN ASSOLIATION OF
FORT PIERCE at fat Pierce, Fbrida, the ivm of s-13ta~`~ wi~h i~~erest irom date at the rats of8~~ 9C per snnum, i~ monthly inslstl-
~ncn~s as (oIlowi: s 113 pn tF?e ist day of NOV@abel _ 1971 ~ ~~ke aum on ths cwre~pa~d'a+p d~y of each mw~th tf+w~- ~
eher umil ~he whol~ be fully paid. ~
Esth inslattmsnt first sAsll bs applied in payment of the inferea~ ~nd ~hen on tF~e unpaid balance of the p~inup~) swn. If d~ult is mad~ ln iM
paYment of ~~y instsllment when due, a~d such default continues 30 days, then ~t the option of the holder, a~d wi~hout any other ~wt~ce, all ihe remainin~
~~~srallrr~ts shall be due and payable al axe. Privilege i~ given to prepay this note in whole or in part at any time wifhoul penalty. Neithtr fwebear~ote,
nor acceptance by the hotcler ~hereof after any defauit in any payments he~eon, sha!! be deemed extens~on. A late payment charge oi 3 5~65 siull M
added lo eath inslallment remai~ir?g ~npaid 7 days ~fter iff due date, and a like sum shall br added to each such inafallment remainir?p unpaid 7 d~ys after
each succeedin~ payment dste. ,
Each maker, surety a~d erKlaser hereof, jointly and severslly, warves dem~nd, presenrment pro~est and notice af protesl fw nonpaymenl, and funher
agrees to ~ny sxttnfior? of time of p~ymenl, ei?he~ before a af~er matur~ty, without not~ce to any uf us; and to pay all costs of collection, includ:nq a
rrasonable sttorr.ey's fee in the event of a~y default hereunder, and hereby severally waives all benefit of homei~ead and exemption under fhe co~ttitution
e~:d taws oi esch Sure of the United 5?ates, a~ againit ?his obligation a any extena~on o? renewal hereof.
W~tnes~ the hand ~~d seal of each party.
~/Rrank W. Raco. Jr. ~~U
. cses~u
s/Betty I.. Race ~U
~ S20.10 . sr.r~ aewnr,e (sEAU
NOW, THEREFORE, ths MORTGAGOR fo~ tM purpose of securing payment of said sum of = 13~ 4~'~ ~ and the
perfwm~erce of tM
covenants and ~yreemenn hertina(te? expressed, and for diven yood ~nd valwble tonsider~tions, by sbess presents, does grant, barpain, s~ll, remise,
releess, conv~y and to~firm-uwto the MORTGAGEE, iri successo.s ~nd ~sagns, all that cert~in {a, pieca or p~rcel of land, tituate, fyi~p, and beinp in tM
Coumy of St. Lueie ,~nd State of Fbrida, described ~s follaws:
Lot 16~ Block 2, Sandra Court, according to a plat thereof recorded in Plat Book 8,
page ~S of the Public Records of St. Lucie County, Rlorida,?
oF F L O R t-U A REC~o s~~1 ~ tl_ _ IM PAYNENT tif TA~(ES
W STAI E Di-~E C~N CIJISS 'C '~I;n:?G1°! f-'E+~SCN11l PZOPEk?Y,
V~ ~UM~Tpp" .STAM`~ Pls8S1;ANT i0 C3~4PT_R 2,:i<,, l1VIS Of 1941.
' = F~OG"R POIT~~iS, C(e* Ciru;t Cc:.+rt
~ - SEP2?71 n ~
~ o _ _ 2 0~ Y_ as Agent tot DAf~IEt N. KEI~~YI~S, 1R
N ~ ecvT.ar u'~cq~ S t L
u c i e C
c u r, ry T a x C
o l l e c t ~ r
PB,trotu ^
~
Dt~un t~.Ernc
_ ;
~og~rh~r with atl ~nd sinyvlar tM t~~emM?t~. hNediamenq ~nd ~ppvn~nces thaeuneo belonp;np or in snywis~ ~pperbini~g tiwreto, ~nd dl rents, issws,
v~«eeds and p?of~n xcrv~rg and to acuw from s~id premises, all of wh'~ are included ir? tl+e ~bove ~nd fapoinp d~scriptioe ~e~d habendwn.
TO NAVE AND TO HO,~D tM abov~ describtd and granted premiws u~to tt?~ aaid AAORTGAGEE, ib svuesson ~nd ~uiqns fw~v~r. Md iM qid
ytORTG1G~OR fa the1Z ~~~s, executws, administratw~ ~nd auigns, h~reby coven~nts with tM s~id MORTGAGEE, its wtcessws ~nd aui~%
~naf tA ~ a re-- lawfull ui:ed of t!K said P qed tram all fians ~td ~ncvm~
y p~~.nises in fe~ sim te; tMt tht ~arn~ a~~ frN, cie~r ~nd dixlwr
a.ancn in Isw w in eqvity, and tMt t21Qr}[ will ard their ,~„n war~anr .nd d.fend r?,. rirl. a ~M ~a,n. ro rhe s.id
MQRiGAGEE, in svcutsoss and ~u~gns, for~rer yains~ th~ lawful claims +nd dem~r+ds of ~11 persons;
PROYIDED, ALWAYS that if fh~ 11110RTGAGOR aMll pay u~ro the MORTGAGEE tht p~om;asory nott h~rti~befw~ d~sn;bed ar?d s1y11 Mr1y, pioenptlp
~nd futly perfam, d~scharye, ~x~cut~. comple~e, comply wirh ~~d ab~de by each ~nd ~very tht stipu(ations, aq~e~m~nts. conditaM ~nd cow~~t~ of ssid
v~+~~ssory not~ snd of thit NlortpaQt, th~n thi~ Mortype and th~ Est~t~ h~reby v~ated sh~ll ttas~ and b~ null ~nd wid.
11 !S UNDERSlppp tha~ t!K word "Mortp~yw" whethN in ~h~ tirqulu or ptw~l ~nywher~ in this Mwtya~t, shall b~ sinqul~r i/ on~ onl~ ~nd
ahall b~ plurd "pintfy ~nd wvsr~lly ~f mw~ ?Mn on~. ~nd that tM word "tFK~r" ai u~~d Mywh~n in tAis Morr9ap~ sMll b~ t~ken ~o mean •'hh,•• •'h~rs; . ' ~
ot "itt."' whtrerq tht cOnt~at w impliy o~ idmirs. Alfo, that whnevN Ihti~ fs • r~fste+Ka in 1M covenanr~ and apr~errknts F~trein cont~irNd fo ~ny O) f
~t~ p+~~~es herew, th~ sarr» ihall b~ cautrwd ~o rrK~n as w~Il ~s tF» Aein. (pal r~pr~ser?utives. sucu~so.s snd assiyro (~ifMr vo~vm~ry by ac1 oI tM ~
p~rri~f a invofunury by oper~r;on of the Iaw) of tFw sam~ ~nd ~h~~ th~ covenants lKrtin cont~intd tlulf bind ~nd tM ben~liy a+~d adv~ntapp inw~
ro th~ rnp~ct;w hei?i, Ip~l repres~nra~ir~s, ~uccessai a+d ~ss~yrn of tFw p~rtie~ h~r~to.
And uid Mort to. rhtmselves and rheir Min, 1
papar pal represtntatives. suctessws ~nd augns. her~by 'pinrly ~nd wv~?ally cov~na?1 ~nd pr~e
~o •nd with ti+~ said MORTGAGEE. its svccesson and suiy~:
1. To p~y ~II ~nd drgulir tlw p~inc~p~l and im~r~st a~d th~ wriow ~nd wndry sums ol monsY piY~bl~ by virtw of ~/d p~omiuwy not~, ar+d tAa
mo.t9p~. ~acA ~nd ew+y. panpfly on t1» d~ys respectivdy rM far~ wvar~lly becwn~ dw.
2. To psy •II and anpvlar rM qats, asusfm~nn, tsvitf, liabili+ies, oblipations ~nd Mcumbr~ncn of ~wry natw~ ~nd kind now on ~~id d~strib~d
p~op~.ty, w thn here~ftN may b~ ;mpowd, wff~red, pl~ced, Iwied, w~~sed thereon, a tMt h~~~~ft~? m~y b~ kvied a uieased ~pon this Mw?p,
•y~, w tlw ind~b~~drrss wcur~d hereby e~cl~ ~nd ~rery, wMn dw ~nd pay~bl~, atcordinp 10 law. be1«t fMy b~come deli~qwnt, ~nd b~fw~ ~ny intN~s~
s~~ach~s p any p~n~lty i~ incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD TME SAME SMAII SE PROJNPiIY SAi15Flf0 ANO DISCNARGEO OF
oECORO ANO TME ORIGINAI O~FICfAt DOCUMENT tSIKH AS, fOR IN$TAIVCf, THE 1AX RECEfPi OR iME SA115FAtT10N iA?ER OiFICl/1llY ENDORSED
OR CERTIFIED) SNAII !E PLACED IN THE MANDS OF SA~p MORTGAGEE WIIHIN TEN OAYS NFXT AFTER P/1YMENi; and i~ the ~v~nf that ~ny tlww} is nW
p~~d. s~t sf~ ~nd di~tharped ~a d MORTGAGEE m~y ~t any t~rne pay tFK s~mt a any part tFKreo! without waiv~ny w•Ilethn~ any pplicn. Ii~n, puify or
•~~Ar ~~d~r o~ by v~~tue oI rhf~ morryay~ ~nd ~he fu~l ~movn? o~ ~~ch ~nd w~ry auch paym~nt shal{ b~ ~mmed~uely due a~d pay~blt ~nd ~hall b~N infHH1
~.an rhe da» ~n~rwf vntil p~~d rat~ 01 n~ne per c~mum p~r •n~uQ ~d w~rA ;+~v ~h~ll be sec~red by ~M li~n of ~h s ~+ory~aq~.
BOGK~~ NA~E~~~I (V
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