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THIS INDENTURE, Mad~ the ath day of ~ ~e°~r A.D. 19_~ be~waen
Matthe~r J. Nerman, Jr., a sin9le adult ~ ~
o{ St. L,ucie County Flwtd+, hereinaftK det~g~a~ed as the "MORTGAGOR," and FIRST FEDERAt SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corporation w9anized and ezisting u~dN tM laws oi the Uni~~d St~~~t of America and luvinp in prirxipal placs of
bus~n~u In tM City of Fwt PiNC~. St. luci~ Counry, flaida, MrtinaftK dtsiy~sted ai tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is juslly indebted ro 1M MORTGAGEE in the sum of S~e.8~`~ , good and lawful money of the Un~ted
S~atei advarxed by the MORTGAGEE unto the MORTGAGOR, as evldenced by a ceriam promiuay note of even date herew~tb, of wh~ch the followin9 ir. .
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Fort Pierce. Flwids. ~'em~r 8L 19 71 E
fw value received, 1, we u eithcr of us, prom~se to pay, wi~hout defalcation, to the order of F~RST FEDERAI SAVINGS~ AND LOAN ASSOCIATION OF
FORT PIERCE af Fott Pierte, fbrida, the sum of =18~~~~~ - w~th interest from date at the rate of7~7'"°'6 per +nnwn. in monthly irutall-
~ ~,~n~s as foilowt: Z 1SS•~ on the lSt day of M8'y . 19 72 and a like sum on the carespond~r+p day of each month there-
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after until the whot~ be fully paid.
Ex4 ~p~?allment first shall be appfied in paymeot of the interest a~d thrn on the unpaid balance of the p~~i+Npa~ ium. If d ault is made in the
~ paymeM of any installment when due, and such deiault cominues 30 days, then at Ihe option of the holder, ar~d witho~t any other not~ce, all the rem~ining
~nstellmcnts sh~ll be due and payab3e at once. Privileg~ is given to prepay this note in whole o~ io part at any t~me without penalty. Neithcr forebear~nce,
~ nor atteptsnce by the holdN thereof after ~ny default in any payments hereo~, shatl be deemed extension. A late payment char~e of = 7~75 sha~l be
added to each inatallmeN ?emaining unpa~d 7 days ahe~ itt due date, and a like sum shetl be added to each such installment remaining unpaid 7 dsys aher
each succeeding payment date.
E~ch maker, surety and endwser hereof, jointly snd seveially, waives demand, presentment protest end notice of protest fa no~payme~t, ~nd furlF~er
agrees to any extension of time of payment, either before a after matur~ry, wi~hout not;ce to any of us; snd to pay all costs of collection, includ~rg ~
v reasonable attwncy's fee in the even~ of a~y default hercunder, and hereby severally waives a~l benefit of homes~ead and exemption under the constiiution
V and laws of cach State of the United Sfates, as a9ainat this obtgation or any extens~oo w renewa4 hereof.
- W~tness the hand ar+d xal of each party.
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~ NOW, THEREFORE, the MORTGAGOR fw ths pu?pox of secu?ing payment of sa~d sum of = 18 ~ S~ u+d the performa~cs of tM
covenants ~nd agreements hereinafter e:pressed, and fw divers good +nd valuable cons~derations, by these prosents, doea grant, baryain, sell, rea+:u,
releax, convey +nd confirm unto the MORTGAGEE, its sutccssor• and aasigns, all that tcrtain bl, pieu or psrcel of Isnd, ~ituate, lying. and being in the
~ County of St • I"G; Q end State of Florida, dewibed +s iollows:
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Lot 15. Block 254, Port St. Lucie~ Section 6 as recozded in Plat Book 12,
Page36A,of the Public Records of St. Lucie County, Florida,
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~ together with all and singular the tenements, hereditamcnri and appurtances there~MO belongitg w in anywise ~ppertainirq tF~ereto. ~nd ~II rtnri, iuws.
pro~~f and profin ~ccruing ~nd to +ccrue from ssid premises. •11 of which are included in t!x above and foreQoirg descriptan ~nd habendum.
Tp HAVE AND TO HOID the above desuibed and yrs~ted premises unto the said MORTGAGEE, its successors ~nd sugro forever. Md tM ~aid
u MORTGAGOR fa hia ~;n, executws, ~dminisrrators and assgns, hereby covensnts with tM said MORTGAGEE, i» suatason ~+~d auipro,
~ ~hat he ls ~~~,{ully seized of tM s+id premises in fee simplr, that tF» same are free, ckar and discharged fram ~11 lien~ and ~ncu~
brarxss in lsw o~ in equiy, and that he will and hls heirs shall warraM u~d defend tM title ro the sam. ro rM •+id. ~
" MORTGAGEE, ib succeuors snd auiyns, fwever against the lawful claims a~d demsnds of ~II persons;
PROVIDE~, AlWAYS that if the MORiGAGOR ihall pay unto the MORTGAGEE the prom~ssory note hereinbefore dewibed and shall truly, promptly
and fully perform, diuharge, execute, compkte, comply with ~nd ab'~de by each and every the stipulations, ~qreements, cond~~io~s and covena~n of s.d
promissory note and of this Mwtysye, then this Mortg+ge and the Eapte her~by ue~ted sh+ll ceas~ and be null ~nd void. ~
IT IS UNDERSTOOD that t!x wwd "Mortga9w" whether in the singular or plural a~ywher~ in this Mwtyape, ihall be sinpvl~t if on~ only and ~
shall be ptursl joinlly ~nd ssverally if mort th~n one, snd that the wad "their" at used +aywh~re in this allorty~ge sh~ll be taken to m~~n "his," "hen,"
;W~ or "its;' wherever the context so implies w admits. Alw, that wherever there is s reference in tht covenants ~nd agreements hersin containsd to any of
the pa?ties hereso, the ~ame shall be construed to me+n as well as the heirs, I~yal r~present~tives, succ~uors and ~ui9ro (either voluntary by act of the
psrties a involuntary by oper~tion of the law) of the same +nd that the covenants ixrein contained ahall bind and the bcnefiri and ~dvaMayas inurt
ro the reipective he~rs, kyal npresentatives, wccessors and sss~yns of the partits herete.
= And said Mwtga~ors, fo~ themselves and thei~ heirs, legal representstives, iuttessors and suig~s, hereby jointly and sevtrally coveMnt and ~pree ~
to and with the said MORTGAGEE, its succeuors snd sssigns: °
~ 1. To p+y atl ~nd tir~yula the principal ~nd interest and the various and sundry wms of maxY paYable by virtue of s~id promiuwy note. ~r+d this
- mortyape, each and every, promptly on tM days respettively 1M same sewrally become dve.
2. To pay ~11 ~nd sinpula~ the ta:es, ssseument~, levies, liabilities, obliyatio~~ +nd erxumbrances• of every nawre and kind now on ~aid desuib~d
property, w tlut here~fter may b~ imposed, suffaed, placed, kvied, or +ueued thereon, a that hereafter may be kvied a usesssd vpa+ this Mat¢
- ~y~, w the k~debtedneu secured hereby each and ~very, when due ~nd paysble, xcordinp to law, before they bec«n~ delinq~e+N, end b~fw~ any inta~st ~
attaches or ~ny penalty is incurred; AND INSOFAR AS ANY TFtEREOf IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIED ANO DISCNARGEO OF
RECORO AND THE ORIGINAL OFFICIAL DOCUMENT iSUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED j
~ OR CERTIf1ED) SHAII BE PLACED IN THE HANOS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ewnt tMt ~oy ther~of is noi
paid, at"afied and disch~rged sa:d MORTGAGEE ma~ a~ any s~me pay rhe ssme or any par~ rhereof wirhovt waiving or sffectiny ~ny option, lien, puity a
.iqht under w by virtue of this mortga~e snd Ihe full amovnt of e+th •nd evrry such payment sh~ll be immediately dve and payabk and shall be~? ioterest
+•om the date the?eof u~til psid at rate of nine per ceMvm per m~vm a~d toydher w+th such~~e~ ~~x~~c~~~`~~reo of th:• moryt~.
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