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THIS INDENTURE, Mad~ tMu 22nd day of Ntarch , A.O. 19
72 ~ b~twNn
John R. l.inley and Patricia A. Linley, his wife
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of SL . Ll1C 1C ~p~~y F~~~, ~~inaftN dtsiyn+ted fllr ~"MORf(ZsAGOR," 'sntl ' FIRST fEDERAI SAVINGS AND IOAN ~
ASSOCIA110M Of fORT PIERCE. • oaporation orp~niud ~nd ~xistinp ~ndN tM laws of th~ Unit~d St~t~s of_Amai4~ and havinp in princip~l pl~c~ of ~
buunas in tM Gty of Fwt Pi~ra. St. luci~ County. Florlda, htninafta deiipM»d u tM "MORTGAGEE."
WHEREAS tF~e MORTGAGOR is jwt(y ir~bad to th~ MORTGAGEE in th~ tum of ~ 24 ~~00• - ~ood u+d I~wful ma?ey ot the Un~ted
Sra~es ~dranc~d by th~ MORTGAGEE umo tM lNORTGAGOR, as evidenced by a cNtain promisswy not~ of ~wn date Mr~with, of which tM foliowinq i~
wwd~ and fiyures is a Irw topY. lo-wit: '
~ 24,t300.00 ~ 4-18~109
Fort Pterc~. FIwJd~, P1a?rch 22 ~ 19_~c_
Fw valve ~eceived. 1, we w ~ither of u~, p~omise fo p~y, without defalcstion, to the order of FIRST FEDfRAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt PiNte, Fbrida, tM sum of = 24 ~ t31~0. OD ,w;th inferest from date ~t fM r~te of 7•~ 96 pK +nnum, in monthly inttall-
ments as follows: s 184. OO ~~M 1 St ~y of .Ill ly ~9 72 and a like wm on tM correspondinp day of esch mw+th therr
after ~nti~ the whole be fully paid.
Each installment first shall b~ applied in payment of the interest and thcn on the uopaid batance of the p?indpal wm. If d suh b msde in tF»
payment of any installment wMn due, a~d such defwh contin~es 30 dap, then st tM option of tha holder, and without any otF,er notic~, sll the remainir?p
~nstal~m~nb thall be due a~d p+yabl~ st once. Privileye is ~iven to pr~paY thn rale in whol~ or in put at ~ny time without pen~ly. Neithat fwtbtarancs.
nw acc~pNnce by the holde~ the~eof sher any default in anY paYmcnts hereon, ihall be deemed eateroia+. A late payment char~ of ~ 9•20 shall bs
added to each ir?itallmenf ranain7op ~npaid 7 days after ib dw dafe, ~nd ~ like :um sMll be added to each such installmw?t nmaininp unpaid 7 days after
each wcc~edirg p~Ymtnt date.
Each m+ker, ~ur~ty ~nd endwse~ hereof, joinNy and severally, waives dem~nd, presentmcn~ protest and notice of protest for nonpayment, ~nd further -
agrees to any ~xteniion of tim~ of paym~nt, either before w after maturity, wirhout r+otKe to any of us; ~nd ro pay all cosn of collection, includ~np a
reason~bk attorney i fee in the evsnt of sny default Mreunder, and hereby severally waivet all benefit of homestead a~d exe~++ption ~r?der tM constitution
and lews of each State of tF~e United S~ates, ~s apalnst this obli9ation a any extension or renewal he~eof.
w~tneu th. h.nd and saa~ ot each pa?tr. s/ John R. Linley
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s/ Patxicia A. Linlev ~U ;
$37.20 ~u
r ~ Stah R~wnw
itt~1~ ~Hii iiF i~1E)
NOW, THEREFORE, th~ 1NORTGAGOR fa the purpos~ of securinp p~yment of ~aid sum of = 24 ~ 800. OU tM p~rforrrwrxe of th~
co~erur?n and agre•menn he.~inah.r expressed. and fw divers pood and v~lwbl~ considaations, by these prKenb, clws yrant, barQa~n, setl, remiss. ;
relcase, tonwy ~nd confirm unro tM MORTGAGEE, iri wccessors ~nd ~ssiyns, ~II thst cert~in bt, piea or parcel of land, sitwt~, lyinp, and beinp in tF» ~
~ St . 1~1r le and Sqt~ of Florida, desvibd as follows:
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Lot 19, Block 154, LAf(6~~t00~ PARK - UNIT 11, as per plat thereof '
on file in Plat Book 11, page 32, Public Records of St. Lucie
County, Florida, ~
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F t~ L`OCu. :7r STl~ySP TC X RECE~YED IN PAYMErIT OF TN(~
F' WE ON C.~JISS 'C' INTfW6lBLE PERSONAt P(tppER7y,
~ j = t1AR2?'72 = PURS11A1(T TO CFIAPTER 71-13~1, ACTS Of 1971. Jyl~~
_ ~ = - `3720~ '
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~ h U CfiT.Of EaYEwYE , a _ ~~i CiO. Fl~ ~ ~
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~ rogether with dl snd dnpular th~ unem~nn, her~ditaments ~nd ~ppwtsnces fherwnto b~lag~ny a in u+ywis~ appNtainirq fha~to, and all nnts. 4sws,
proce~d~ u~d profib ~cvviny and ro~ccru~ from s+id p~emisa. ~II of whid? ue indudad in the abov~ ud fwparg d~wiption ~nd Mbu+dum.
~ TO HAVE AND TO HOID tM sbow de:crib~d and y.anred premisy vnro tF» uid N10RTGAGEE, its sva~ssws and auip~n for~wr- Md th~ sald
? MORTGAGOR fw t he i r ~;n, ~xsc~ton, adrreinistraton u~d aaiyra, Mreby cov~na~b with tM s~id MOitTGAGEE, ib wouuors ~nd ~ssipnt,
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~ rhar th v are lawfully sei:ed of tF~e said pr~nises in fk ~impl~: that th~ sarnt ar~ fr». cl~a~ and d'ncl++rp~d fran ~II li~en and «+cwo-
~ b~ances in bw w In puity, and that th6y ~ii ~ their h~;n shall w~rwnt and d~f~nd t}r tHb w the s+rn~ ro tM ~aW
MORTGAGEE, ib wcuuors and +ssi~ns, fww~r ay~inst ths lawful claims ~nd demanda of all penorot
- PROVIDED, ALWAYS that if tF~ MORTGAGOR shsll pay unto th~ MORTGAGfE the prorri~uwy not~ her~inbefon d~scrib~d ~nd ~hd~ truly, pomptly
•nd futly perfam, d~sd++rp~. ~:ecut~, compb}~, comply wirh and ~b'de by e+ch and ~wry the stipulatioru. ~r~emants, condNioro ud aov~ann of ssid
promiswry nof~ and of tha Nlortpap~, t)wn thn Mwty+qe +nd tM Estat~ hatby v~at~d shal~ ceas~ and be rwll ~nd void. -
IT IS UNDERSTOOD that the word "Matpapor" whether in tM sirgul~r w plwal snywh~n in this Mwtysp~. ~h+ll b~ sinpular H on~ only ud
shall b~ plwal jantly and ~wenlly if mon tha~ on~, and tMt tM word "th~ir" as wed ~nywl~er~ in this Matyp~ shall tak~n to m~~n •'hi~,•••'f~rs;•
- w"its;' wMreve~ the aontext io implip a ~dmin. Abo, that wh~?~vK thae a~ nf~rs~u in tF» cov~nsnn uid aQre~menn hersi~ oontaM~d to any of
` ~F» parti~s Mr~to, the sanw sMll be cautrued w rrw~n ~s wdl u tF+~ hein. Is9+l r~present~fives, woauon u+d ~ssipro (~itF~er voluntary by act of tFw
parti~s w imroluntary by opKation of tFw law) of N~e same and tMt ~h. cov.nann her•in conti„wd sF++ll bind and th. b~n.fin and advanta9as irwx~ ~
ro th~ r~spectiw hei?s, bp~l rep~~sentNiv„, wttnson a+~d ~ss~ro of th~ paties her~to.
= Md ~ald Mwty~pors, fw tF~emselves and tF~eir heirr, lepal representativy, succeswra and +uipm. Mr~by jointly and ~ever~tly cov~nsnt ~nd apne ~
to aed with th~ aid MORTGAGEE, its suu~to~s ~nd auipos:
1. To pay ~II ~nd sirgular th~ princip+l u~d interest and th~ varian and su~dry sums of mor~y paYaW~ by vi~tw of wid promistory not~, and thb ~
.j '^atpa~e. Ntl~ and ~wry. PromPtly on tM days rtapectiwly tM same sev~rally b~carw dw. i
2. To pay all uid ~inpular th~ tax~s. ~s~su~nn. Iwies, li~bilitits, obliyatiom ~rd ~ncumbr~nas of ewry rntur~ a~d kind now on ~aid davib~d
~ propaty, or that ha~aft~r m~y b~ ~npowd wffK~d, plaad. Iwisd, w awssed tl~son, a that hK~aftK may b~ Iwi~d o~ aaMSNd epon tl+k Mon~- O
aye, w tM ind~btsdness s~wr~d hNebp. ~ach and swry, wh~n dw and p~y~bl~, saordinp ro law, b~fon th~y bacane detinqwnt, ard b~fw~ any im~ntt O
~ attaches p~ny pe~ahy is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII aE PROMPTLI/ SATISFIED AND DISCMARGED OF ~
' RECOR~ AND THE ORIGINAL OFfKIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIAItY ENOORSED
OR CERTIf1ED) SHALL dE PUCED IN THE HANDS OF SAID 1NORTGAGEE WITHIN TEN DAYS NEX1 /1FTER VAYMENT; ~nd in the ewnt tMt ~ny therwf is not pco
~ paid, sat'sfied ~nd discharyed said MORTGAGEE may at ~ny tun~ pay the ~ame a any pan thNeof withovt waivinp w affectirq ~m option, lien. ~quity w`~
•ipht vnde~ a by vi~tue of this matysy~ and tlie full ~moum of eatM u~d every such paymaM ahall b~ im+wdiat~ly dw and payabl~ and ~hall b~u int~rat
~rom the d~t~ tFwreof until paid at rate of nine pe~ centvm per anrwm ~nd royeth~r w~th such i~tere~t sh~ll b~ secwad by tM 1{en of th:s maptpe.
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