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TMIS iNDENTURE, Nl~de the utih day of Feb~a A.D. 19 . b~twten
Nathaniel Lee and Rstha . Lee, his ~rife
of SL. Iucie Cp~ny Florida, hen~n+ftK dttig~ated ~ f~ ~1~ORT~GdR..'f Ind ~IRST fEOERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE. a corpw~tion w~ani:ed +nd ~xi~tinp unde~ tM laws ~ tM ~Unit~d S~atn of /1mKita ~nd Mvin~ it~ principal pl~t~ of
bu~rwu in tM Citp of FoA Pi~rc~, SI. luti~ County, Florida, Mr~inaha d~siyn+r.d ~s tM "MORTGACaEE:' . ,
WNEREAS 1M MORTGAGOR is ju~tiy indebt~d to ths MORTGAGEE in tM sum oI ~ 9~~~ good and lawful maxy of the United
S~at~t ~dvanced by the MORTGAGEE unto ths MORTGAGOR, ai evidenccd by a urtam prom7sauy note of ev~n da~e her~with, of whlch ~F?e follow~n~ i~
wads and fiyvres is a trw copy. towih ~
~9.~pp.pp ~ 3-17,921
Fat Pierc~. Fi«~a.. February 19 72
fo~ v~lue re;eived, 1, we or either of us, promise to pay, wilhout def~lcatio~, So the order of FIRST FEDERA~ SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at fort P~erce, Florida, the tum of S 91~~•~ w;th interest from date at the rate of 8•0 96 per annum, in moMhly ie»tall-
~~.en~s as follov~n: i 76 on ths ~ aL day of April , 19 72 and a like sum on the cwreipondin~ day of e~ch month ther~-
af~er until the whol~ be fully paid.
Each installmenf first shall be spplied in payment of the inrerest and then on the unpaid balance of the princ~p+l sum. If d aulf i~ mad~ in ths
~:a~ment of any installment when due, and such default continves 30 day~, then at the option of the holde~, and without sny other notice, all th~ remai~ing
;ns~altments shall be due and payabls a~ once. Privileye is 9iven to prepaY this note ie wholt w in part at a~y time without pen~ly. Neithel fwebtarance,
no. acceprance by the holder tFureof after any default in any payments hereon, sMll be deemed extenaan. A late payment charye of f 3•~ sh~ll be
added to each inatallmcnt remaining unpa~d 7 days aft~r its dw date, and a like sum shall be added to each such insullment rem~ininp unpaid 7 daya after
each succeedinp payment date.
Each maker, surety and endwser hereof, jointly and teverally, waives demand, p~exntment protest and notice of protest fw nonpaymsnt, and furthtr
ag.e~s to any •xtensan of ~~me of paymcnt, either before o~ altN maturity, without not~cc to any of us; and to pay all costs of collection, includ~rq •
reaionable anwney's (ce in the event of any defauit hereunder, snd he~eby severally waives all benefit of homestead a~d *:xemption under the constitution
~~,d t~ws of each Sute of"tl+e United States, as aga~nst this obGgation or any extensio++ a renewal hereof.
Witness the Mnd ud seal of each party.
s/ Nathaniel Lee ~u
cs~?u
s Retha L. Lee ~Au
~ $13.50 ~ sa~. aere~x» ~
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NOW, THEREFORE, the MORTGAGOR fo~ th~ purpose of secv~ing paymem of said sum oi s 9~~~'~ and tM pe?form~nce of tM
covenann and +yre~menri hertinafeer expre~sed, and fo~ divers ~ood and val~able consideraYans; by these presents, does yr~n1, baryain, sell, rem~se,
reiease, convey and conf'wm unw the MORTGAGEE, ifs wcuuors and +uigns, all that cert~in bt, pieoe or p~rcel of land, sitwt~, lyinp, and beirg in ths
County of $t'. ~,LiCi@ ~nd S~ate of Florida, desvibed as fo!lows:
S.ots 3 and l~ and that part of Lot 2 lyin West of the Westerly ~
Block ~ ~
Right oP W~y of North 1 l~th Street,/ I,INCOLN AEIGHTS SIIBDIVISION, ~
as per plat thereof on file in Plat Book !t, Page ?3 0£ the Fublic i
Records of St. Iucie Countq, Florida
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a j~ DOCUsv1EN7A~:;T,~STA~fP T:.X
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~ E['E't'ED ! IN MYMDtT OF TAIIES ~ _ FE81672 r~r~
~ Q;;E ON CLASS 'C INTANGIBLE PER901'!AL PiIOPERiY, ~ ~ - ' I 3 5 0~
~ PURStIANT TO CHAPTER 71-134, ACT'S OF 197L N uscr.or nc~:~~c\ = . :
p ~r'
~f.~ Cil~fk ~i fL1~ ~LC~ A1. ~Y, 190112 ~ ~
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rogeth~r with all and singvlar the tenemenn, hereditaments ~nd ~ppurunces thereunto b~lonpirg w in ~nywise appertainlrg tM+eto, ~nd all r~nri, iuves,
~ proceeds and profin accruinq ared to ~cuue from s~id premises, all of which are ind~ded in the abov~ and forpoinp d~wiptbn aeid iwbs~dum.
~ TO HAVE AND TO the ~bov~ described snd yr~nted pr~misss unto tM wid MORTGAGEE, ib svcc~siws ~nd ~ssipm for~v~r. Md tM sald f
^ MORiGAGOR ia ~ir ~~n, sxecoton, administrators ~nd •uigns, iwrsby cov~nann with tM s~id MORTGAGEE, Ns succ~sson ~nd ~ssipm, !
~ rhae t~ey a~ - lawfully se~zed of tFw said prem~s~s in f~ simplr, that the sam~ ae frN, cb~r and discha~pad fran ~II li~m and ~ncum- ~
~
~ brances in Iaw w in equity, a~d that th~ will and their hein thall w~rrant and defend t}w titlt to tFw saen~ to tl» ~aid
- MORTGAGEE, its succeswn and +uigns, fwever ~yainst th~ I~wful claims ~nd demands of ~II perwro;
- PROVIDED, ALWAYS tMt if tM MORTGAGOR shall pay unto ti~e MORTGAGEE the promitfo?y nort hereinbe/w~ deKribed and shall truly, promptly ~
- and fully p~rfwm, discharye, e:ec~te, compkte, comply with ~nd ~bide by esch snd every the ~tipulatioru, ay.aem~nn, conditam ~nd cov~nants of said
promiuay not~ uxl of this Mortyaqe, then thii Marty~y~ and tM Estate hnsby ve+ted sh~ll uas~ and b~ null ~nd void. ~
~ IT IS UNOERSTO00 th~t the wad "Mo?typw" whether in th~ si~gul~r w plural anywhere in this Matpapt, ahall b~ sinpvla if oM only and
wr shall b~ plvrd 'pintly ~nd wverally ei mwe than one, and that th~ word "tM'v" as used anyrvfien in this Mortpp~ shall be t~ken to rn~an "his," "Mn:' ~
- w"irs;' wherever the cont~xt w implies a admiti. Alw, tMt wh~rever ther~ is a r~f~rencs in tM cwenan» ~nd eyreem~nn h~rein contained to ~ny of v
in~ p~rties h~reto, tht ~arn~ ~hall be corutrued to mean ~t well a~ the F~sirs, leyal r~presenatives, wcceswn ~nd auipns (tither voluMary by act of th~ ~ i
~a parties w involuntary by op~r~tion of the bw) of tFx samt and th~t the covenanti Mr~ie contained shall bind aod tF» b~n~fin ~nd ~dv~Map*s inun
fo th~ rsspectiw M'u~, Ipal r~pres~ntatirss, succeuon and ~u°ym of tlw p+rties hsreto. ;
es
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- And ta~d Matyapors, fo~ themstlves and their I+eirs, leqal reprosentatives, succesiws ~nd ~uiyra, hereby joiroly and ~tverally covenant and pree (
Y-~ ~o and with the ~aid MORTGAGEE, its suuessus and ~uipro: ~
1. To pay all ~nd sinpular tM principal ~nd intsrest ~nd tM variovs and sundry sums of rtaney psyabl~ by virtw of said promis~wy not~, ~nd thi~ oc0 i
mortyaye. ~ach ~nd ~very, promptly on tht days r~spsctivtly tfr ssmt wwrdly bacomt dw. pq i
2. To p~y +il and sinpular tM taxes, ~i~esunenn, levies, liabilities, obliystiom u+d H+cumbr~nc~s of ev~ry nature and kind now oa uid described
_ prop~rty, a that hereafqr may b~ impowd, svffe.~d. Pl~ced. Iwi~d, or ~ueu~d tFwnon, a thal her~~fte? m~y be I~vied a aueued upw~ thts Mort¢
- ~ye, a the indebtedneu secvreA hereby, ead~ ~nd w~ry, wMn dw ae+d pay+bb, accordirq to Iwv, befor~ they becom~ ddinquent, ~od b~fa~ u+y int~rnt
arteches or any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKORO 7HE SAME SHAII bE PROMPTLY SATISfIED AND DISCHARGED OF i
T~~ RECORO ANO TNE ORIGINAI OFfIC1AL DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPT OR TME SATISFACiION PAVER OifICIAIIY ENDORSED j
OR CERTIf1ED) SNAII dE PUCED IN THE HANOS Of SAID MORTGAGEE WIiHIN TEN OAYS NEXT AfTER PAYMENT; and i~ the evcnt that any thereof is not ~
pa~d, s~Ysfied and disch~rged sa:d MORTGAGEE may •t any time pay the s~me w any pa?t tF~ereof without w~iviny or affectiny any option, lie~, puity w
•~qht under a by virtue of this morryaye ~nd the fvll ~mou~t of each and every such p~yment shall be immediately due and payable •nd shall bear int~rest `
~.om the date thereof until pa~d at nte of n~ne per cenrum ptr ann~m ~nd toqether with tuch iMerest ~MII be secured by the lien oi th:s mor9t~. i
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