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TNiS INDENTURf. Made the 1^~~ day of '`''~""Z ~ A.~. 19 between
RJt~E T t 1. t ~ ~T i t~~:t' d71C? T' ,lll~l n i_ i CjT !:~•~i ~ ~1 : 5 N 1: t
oi St . Lucie ~p~~ry F{o?id~. hereinafte+ desiqnared as the "MpRIGAGOR." snd FIRST FE~ERAI SAVINGS ANp IOAN
ASSOCIATiON OF fORT PIERCE, + corpaar:on o~p~nized and cx~u~n9 unde~ the laws of the Un,tcd Sutos of Ameriu and Mv1rg in principal place of
bus~ness in tM City of fort Pierce, St. luue County, i?aid~, hereinafler desiynarcd as rhe "MORTGAGEE." ~
WNEREAS the MORTGAGOR is ~ustly indebted to the MORTGAGEE in the wm of S_ 1 i~~JJ.I~J _ 4~ and lawful mooey of the Un.ted f
S~ar~s edvanced by the MORIGAGEE unto the MORiGAGOR, as evidenced by a cene~n prom~ssory nore uf e~en date herow~th, of wh:ch the ioi;ow~np in
:-~•di a*x~ figu~es is a trw copY. eo-v~it:
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Fort Pierce. F{wida. `~`1I1''~`~ry 17, 19
F~ value rcceived, 1, we or either of us, prom,se to pay, with~s defa!ca~~on, to the c•de~ of iIRST FEOERAL SAVING3 AND IOAN /~SSOCIAT{ON OF
1'7 5J0. JJ -r
~ORT PIERCE at Fort P~erce, Fior~da, the s~m of S-- + wrth mte~est Irom date at the rate of -_~6 per annum, in monthly install-
~e~rs aa fo~:aws: S 1`' J~ on the 1 5 L day of ~~a1` 19_ and a I;ke sum o~ the cwrespond~ng day of each month there-
a~rer un~il the whoie bt fully pa~d.
Esch ~nataliment fint shall be applied in paymenf of thr intrrest and Then on the unpa:d baiance of the pri~u"pal sum. If d ault is made in the
, ~,ment of any insra~!ment when due, and such detauh continues 30 days, then at the option of the ho:der, ar.d vv~shout any other nonce, all the remaining
,srai;mer.n shaii be d~e and payable at o+~ce_ PnvHege is given to prepay this note in whoie w in part at any t~me without penalry. Neithe? forebearance,
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~.or ar.eptance by the holder thereof after any default ~n any payments hereon, shall be deemed ectens~o~. A!ate payment charge of S 7•`U_ shall be r
ra:ied ~o each insriimem rema~nir~g unpa~d 7 days after its dur date, and +~~ke sum shail bc addrd to each such ins~aiimero remsining unpaid 7 days •fter ~
each succeeding paymero date.
Each maker, wroty and endorsen c~reof, joimly aod severally, warves demand, prcsentment protest and notrce of proteat fo~ nonpayment, and further
ay-ees ro any ex~ensian of time of paymem, either before or aftc~ marurity, wr.ho~t net~ce to any af us; and to pay all costs of collection, includ;ng a i
:~sonable a+torney s fee in the eYenr of any defau:t hereunor~, snd hereby se~eraHy v~alves all benefit of homestead and eaemption under the constitutan
•~d laws of eacA State o1 the Unired States, as aga~nst this obl~g~tion or •ny e:rens~on or .enewal hereof.
ilVdnes3 ihc hand and sea~ oi each party~.
~ob~rL T, El~ridqe
(SEAI) ~
s; ;~anda P. Fldridge (gEAI)
(s~u) ~
~ = ~ 6 • > > State Revenue ~
,s~wqc a~att~0 aR ~~ar~cs+a)
NOJY, THEREFORE, the MORTGAGOR fa the pu~pose of secu~irr,~ paymcnt of sa~d sum oi S 1~•~~`~~' u+d the performance of the
co+enanri and agreement~ hereinafser expressed. and for d:vers 9ood and vatwble cons~derations, ~y these presents, does grant, baryain, sell, rem~se,
e~ease, convey and conf~rm unto the MORTGAGEE, its successors and ass~g~s, all that ceriain lot, piece or p~rcel of land, situate, lying, and beiny in the
`o~~~ ~ ~ L. 1,.JC 1 E State of fbrida, desu~bed ~s follows:
iots lU~ i: ~t7d 12~ F.'lock 2~ tZ?:'=RC^~E YACii: Ci~B E~I~.:;:5~ .'\:T. T:v:.~~
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oi ~t. :,.ac~c> Casnty~, Fl~zid_a,'~ '
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~ UMENTp°~ 57AMP TAX
R ,~Z ~C ~T~~ ~ ~~ANGIdtfN
j~~~A~~y^~ pF ;~yfT
~ ~ - JANlI'72 c ~ ~?~IE.A 71 1- ~ t~~~_-..v,
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c= Together w~th all snd singular the tenements, heredit~ments ~nd +ppurtsrxes therevnto beiong~ng w i~ anywise appertaining thereto, and all rsnts, issues, ,
v~oceeds and profits ~ccruirg +nd to accrue from said premisc:, all of which are irxluded in the abovt ~nd for ~ dewi tion ~nd h~bendum. s
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~ TO MAVE AND TO MOID the ebove described and ~ranted prem~ses unto the said MORTGAGEE, iq avccessors and sssigns fweve~. Md th~ said ~
LhE-r
}~tORTGAGOR fw - heirs, e:ecutors, ~dministraton ~nd assigns, hereby covenants with the said MORTGAGEE, its ~ucc~sson ~nd assiym, i
,~at - t h~a re _ i,Wt„uY se~zed of the said premise~ in fee simple; that tF~e s+me u~ fne, clear ~nd dischsr9ed from •II liero and eercwrr #
~ brances in law w in equity, and that `r'eS' will snd t hE 1 t hein ihall wsrraM and defend th~ title to tM s+rtw to the said
MORTGAGEE, its successors and ~ss~yns, iaever painst the tawful claims and dem~nds of all perwro; ;
PROVIOED, AIWAYS tMt if the MORTGAGOR shall pay umo the MORTGAGEE the promiuory rote herei~be~ore dewibed ~nd ahall truly, promptly ~
and fully perform, discharge, e+cetute, compkte, comp~y with ~~d abide by esch ~nd every the stipulations, ayreemenh, conditions +nd toven~nri of uid ~
- arom~ssory note and of this Mwt9s~e, then this Morty~e and the Eat~te hereby ueated shall ce~~e and be null ~nd void.
- IT IS UNDERSTOOD that the word °Mony+yor" whether in tM t~ngular w p{wal anywhers in this Morty~y~, shall be iinyul~r if on~ only snd t
shall be plur~l joinNy and severally if more tMn one, and that the wad "their" as vacd anywhcre in this MortyaQe sh~ll b~ faken to me~n "his,•• •'hen,, f
w"its;' wherever the context so implies o~ +dmits. Afso, th~t wherever there is • refe?ence in tht coven~~ti ~nd apreements herein co~t+in~d to ~ny of
_ rhe psrties hereb, the same shall be construed to me~n as well a~ the heirt, leya! rpresentstives, ttxccssors and assigns (eithe~ voluntary by ~ct of th~
parties or i~voluntary by opern~o~ of the law) of the same and that the covenanti he?ei~ com~ined shall bind and the benefiri sr?d ~dv~ntpes inur~
+o the respettive he+n, le9sl representatives, succcsaws ~nd au~yru of tF~e partip hereto.
And seid Mort9aQon, fa themselves ~nd their hei», leyal representativp, successat and auiyns, hereby joiMly and s~ver~lly covenant and p?~e
" so ~nd with the u~d MaRTGAGEE, irs succeisors and assiyns:
- 1. To pay all and sinpular the pri~cipal and interest ~nd the var~ous ~nd sundry wms o! money psyable by virtue o~ uid promisw~y note, and this
mortpaye, each •rd every, promptiy on ihe days respectively the same severally becomt due.
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To p+y •II ~nd s~nQvl~r the taxes, assesunenb, levics. liabilities, obliy+tiwn ~nd encumbrancd of ~very n+ture ~nd kind ~ow on said d~suibed
property, a that here~ft~r may be imposed. svffe~ed, placed. levied, a~sstssed thereon, p that hereafter may be levied w useued ~pon this Mort9-
- age, o~ tht irdebtedness secured hereby, ead+ ~nd cvery, when dw and paysble. ~ccordinp to law, befor~ they betomt dsfinquent, and btfwe ~~r int~rpt
anaches w any penalty is incur~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALI EE PROIMPTLY SAi1SFIE0 AND DISCHARGED OF
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, FOR INSTANCE. THE TAX RECEIPi OR TME SATISfACT10N PAPrtR OFFIGUIIY ENOORSED
- OR CERTiFiEDf S!iAll 8f PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENI; and in the event that ~ny thereof if rwt
~aid, set sfied and dixharged sa:d MORTGAGEE may at any t~me pay the s~me w any part thereof without waiving w a(fettinp any optio~, lien, equity or
•~~ht under w by virtve of this mortga9e a~d the full amovnt of each and every such psyment thall be immediately due and payabk and thall bea? interest
: ~•rsm th! date thereof until paid a1 rate of n~ne per centv n per snnum a~d toyeth..r w~thUv~t j~tf+[~hafl oe{lj~e?/~ j~ th! litn o( th:s rtfWyb9e.
- = 6~CK Iv~ PAC, «;v~l
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