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iHlS INDFNTURE. Msds the ISthi day of _ SeptPmber _.___i` A.O. 19_~1 bet+veen
_Elden M. Chalmei-s .~nc~ Esther L. Chalmers. his wife
of SL . Lueie County Flwida, here~naftar des~gnarrd as ~he "A10RTGAGOR,"Mand FlRST ?EOERAI SAVINGS kND tO.iN ~
ASSOCIATION Of FORt PtERCE;, • corpo~at~on orgaAiied •nd ex~~tin9 undrr the laws of t!u Un~ted Stu~s of America e~d heving iq prin.~pal ploce o'f
b;,s~ness in th~ Ciry of fort P~~rc~, St. lucie County, ilorida, hereinafter despnNed a~ thar"MpRiC~AGEE:'
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S_ 3~~O~QO good and lawful mcney of the Un ted
Srates ad~~n~ed by the MORTGAGEE umo the MORTGAGOR, es ev~danced by a certam prom~sswy nora oi e.en date hriewah, of wh~cn tt:e 4o~.uw~n4 in
.~ords and figuros it a t~w copy, to-wit: '
f 33,000.00 ~0_4-17~403
' Fort Pitrte, Flot~da, Se~t embe r 1$~ ~q_7~
fw value received, I, we o~ ei~hrr of .,s, prom,se to pay, withou~ defalcaNon, to the ordrr of FIRST FEOERAt SAVINGS ANO tOAN ASSOGAilCN OF
FpRT PIERCE at Fort Pierce, Florida, the sum oi 533,~0~~ w;~h ;nrerrst (rom dare at the rote of 7a1~;f, pe~ annum, in manihly insfa~l-
•,ems as fol:ows: S-~
~0•~ on ~he _ 1Stuay of ~anUd Zy _ ~q_ 72 ar!d a I~le sun on the correspond~ng dey of each nwnth there-
~~rer until the wF.o:e be futly paid.
Each installmem fint shall be applied i~ pay~nent of ~he i~terest and lhen on fhe unFald balance of the princ{:aI s~m. If d ault is made in tne
;.,~me~t of any instailme~t when due, and such defauh cont~nues 30 days, then at the opri~n of the holde~, and witho~t any ather nut~~e, a~l the remainm9
,,:s>a~lments shall be d~e and payab,e at once. Prw~{~ge is given to prepay this note in whoie w in part at any t~me w~thout penalry. Nzrther iorebearance,
~~or acceptan~e by the holder thereof after any deFault ie any payments herron, sha~l be deemed extrns~an. A late p~ymem charge o~ S_1~ ~1~Q, shall be
~:ided ro ench inata~~ment rrmaining unpa~d 7 days after ih d~e date, and a If:e sum shal( t~e added to ea:h such insra~irrient rt+naining unpa~d 7 days after
rach succeed~ng payment dere.
Eath maker, surety and endor:er hereof, ~o~ntiy and severally, wa~ves demand, presrntmem proteat and no~~ce of protesr for n~~payment, and funher
agrees to any extens~on of t~me ot paymem, e~thar before o~ after metur~ry, without notlce to any of us; and to pay aii ~osn of co'ircNon, includ,ng a
:sonabfe attomey"s fee in the event of any deta~it herrundrr, and hereby seoeraily waives a~l benefit of homrsread and exemption u~der the constitu~ion
,,d +aws of each S+are of ttie United $tates, as aga~nnt ~hi: obl~yation o~ any ex~e~s~on or renewal reof.
W~tness the hand and seal of each party. E~~~e~~l~~{~{~r.L ~L
S~ i ~~1'1. Cha mer~ ~sFat
~
` EAl)
` s sther L. Chalmers ~~Ai~
- , ~ 4 4 . 00 (SEAL)
- ) State Revenue
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~ NOVN, THERfFORE, the 6AORTGAGOQ for the purpose of secw~~g paymenr of sa~d svm of s 33+~~~1~ and the ptriormence of the
~ c~venants and agreemenrs hereinafter eapressed, and for d;vers good and valuable cons~deraro.,s, by thex prese~ts, does g~ant, barga~n, sel', rem~se,
> •eiea~e~ ton~ey end co~firm un~o the MORTGAGEE, itt successors and afs~g~s, eU that certain lot, piece o~ psrcel of Iand, si?~ate, lyinq, and beinfl in tAe
s County .of SL . I.UC le stetc of Flonda, desu~bed as fo1lows:
k
_ !_ot 59 of River Oak Estates as recorded in Plat Book 16, page 5 of the Public
''~~cords of St. Lucie County, Florida,
';=y
; ~
~
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= STAT~~*~oFFLORIuA
ti ~ z ~OCiU~GJVTA~~ aSTA~1P TAX ~~1,~,3 - ~'1~:~~~ ~ Ti~~~v
's ~ '~1 ~ i _ t. _fi `:,C. +iti~i:~1~!F~tf Pl' ' ?Pf~c1¦
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~ ai~r. a ccrt?wc ~ ` .
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_ it ~r i~._-r; i :r :n~?,ct;r
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foye~her w~rh •I~ •nd sir.g~l~• the rensmcnfs, hered~~aments and •ppurtsnces rhereumo belong~ng d in ~nywise appertaini~+g ihereto, and all rtnts, iisues,
- proceeds •nd prof~tt ~ccru~rg and to accrue from u~d prem~us. ?II of wh~ch are i~cl~ded in the •bove and fareqoi~g dtwiprion •nd habendum.
- ~
- TO HAVE ANp TphH~OiD the above descnbed and yr~nteer pr~m~ses unro ths uid MOR7GAGEE, ira sucusao+s snd ~u~gns for~ver. And tM s~id
t
MURTGA~iQR iw heirs, txccutors. adm~nistraton snd ass~gns, hereby toveoanb with the ~e~d MOR7CsAGEE, its successors •nd auiyro,
,
Lne)/ clTE'
;s rhst lawfvlly ze~:ed of the seid p.rm~~es in •imple: that th~ s~me ar• iree, dear and diuharged from •II tient and ~ncwrr
' brancei in law or in ~LiTY, and that thE'-y N,;I~ and tt1Pl T_ heirs fhalt w~nant and defcnd the titie ~o the sam~ to tM s~id
MORTGAGEE, its succnson and ass~yns, forever painst the lawfut cla~ms end demands o1 ~11 persons;
- PROViDEO, AI~~AYS that i! the MORTGAGpR ihall pay unro the MORTGAGEE the pr~m~sswy note here~nbefwa detuibed ar~d shal! trv!y, prompfly
_ snd fu!!r pe~form, d~tcharqe, eaecure, complefe, cornply w~rh and ab~de by e+ch snd eve~y the ahpu~ahons, a9reemenis, cond~t~ons and covenan!a of •a~d
promaswry nort •nd of th~s Nbrtgage, then this Mort9sge and the Estate hereby <re~ted tihall ceau and be n~l1 and vo~d. '
- IT IS UNDERSTOpD that the wwd "Mortyagd" «hether in the s~ngutsr o~ p;ural ~~ywh~re in th~i Mptgaye, fh~ll be s~nyula~ ii one only •nd
sh~?I b~ p{ur~l joinNy arx! seve~~lly if mort than o~+e, and that the wwd "the:r" ss used anywhere in this Morrfl~ye th~ll b~ tsken to me~n "ho~,.• ..h~rs,"' ~
- a"its,"~wherever the confex~ so impiits w admits. A~so, tha/ wherever the~e is • re2erenct in the tovsn~nts and a9reemtnts ltefein tontain~d to •~y of
- the parties hereto, the same shall be construeA ro me~n ~s wetl as th~ he;rs. Seq~l rtprestnrat~vet, succesior~ i~d •is~gns (e~rhtr voiuntsry by r_t of tik
_ p~~ries o~ involun~ary by operat~on of the lawl oE the ssme ?nd thaf the covenants herein conts~ned ahall b~r.d ~nd the benehi~ and adwnt~y~~ inur~
~ 'o the respectiv~ he~rs, I~y~t repreumanves, successws and +ss'gns of the part~es hereto.
= And said Mo~tgagors, ior fhemae~.es and their heirs, legal ~eprete~tshves, successo~s snd ats+gns, hereby ~ointly •nd eev~~ally covenaM ar.d aqree
ro and w;th the ~a;d MORTGAGFE. ~ts succesfors and ass~gns:
1. To p~y all and iinpuiar rhe pr~r,ci~sl and inferest and the wnocii •nd sundry sum~ of money psyab~e by v~rrue of sa~d prom,isary note, and th,~
mwty~e, sach and every, promptly p~ th~ days respect~vely the s~me ieveraUy bccom~ dw.
- 2. To pay •11 and •Ingular rhe t~xes, ass~ssmcm~, tev~es. Gsb~l~r;rs, obligarions and encumbr~+xes of avery n~ru+e and k~nd now on ra+d dexribed
prop~rry, a that ht,eaft~. may be imposed, svffered. Ptaeed, levicd. or assesud ~hereon. p tha~ her~~feer m~y be lev~cd w astcaxed upon this MortQ-
a9~, or /M i.ulebtedness secu~ed hereby, each ~nd evc+y, when due and payable, ~cco~d~ny to law, before lhey becwne det~~ue~f, u+d befwe ~ny imerest
=y attaches w any penafry is ~~c~rred, AfVO fN50FAR AS ANY TMEREOF IS OF RKORD THE SANIF SHAtI BE VROMP?lV SAitSF1ED A~D DlSCHARGED OF
- RELORD AND THE ORIG~NAI OF~IUAI DOCUMENT (SUCN A5, fOR INSrANCE. TME TAX RECE~PT OR THE SATiSfACTlON PAPfR OFFICiALIY ENDORSED
- OR CERTIFlE01 SNAIt BE PIACE~ IN iNE HANDS OF SAID MORTGAGEE WIININ TEN pAYS NEXi AFTER FAYNtE+vT; and ~n the evenr ~hat any thereof if no7 ~
_ pa~d. si~ sf~ed and d,scha~ged sa d MORiGAGEE mer +~Y t:me Cay tht teme or any part thercof w~th~wt wa.v~ng or affea~ng any oF~~o~, lien. eqv~ty or
•.aht under or by v~rtue of th~s mo~~gaye snd ~he S~i~ ar..ov~r of each every i~ch p~yment sha~f De ~mmed~ately due and psyab!e and fhall besr interes~
~ ~•om the date ~he~eo~ v~tel pa:d ?r rare ol n~ne pr ce~~um per •nn,~m a~d roqerhp. ,,.~th Ur clp n r y~all ~ secu*ed by the ~~e~ oi ih • mu~4tape.
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