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TMIS INDENTURE, Mad~ th~ 22nd d~y of ~~larch A.D. 19?? b~twNn ~
Alfred.,L. Test and Gwendolyn Test his wife ~
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of SL. LUCle ~prnry Flwida, F+~r~~n~f~K d~ignared as f11ry' TGAGOR;' and f~1t~T FEaERAt SAVtNGS AND IOAN ~
ASSpC1AT10N OF FORT PIERCE, • oapuatwn or9ani:ad ~nd ~xittinp unds~ 1M laws of tM Unit~d St~tq of Am~~ic~ ~nd Mvinp iri principal plac~ of 3
buun~u in tM City of Fon PiKU, St. Luci~ Couory, Horida, hertinah~r d~~ipna~sd aa the "MORTGAGEf."
WtIfRfAS th~ MORTGAGOR b justly ir~debttd to tM MORTGAGEE irt the sum of = 16 + 6~~. OV pood and la~,vful money of the Un~ted
S~ates ~dvanced by ~F?~ MORiGAGEE un~o tM MORTGAGOR, as evidencad by a c~rfa~n p?omiuory note of ev~n date her~wi~F, of wh~ch tM followinp in
wwdi and fi9urq is a trw copY. to-wit: ,
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3-1~. ios
Fort Pie.c•. Fto.ida, March 22, ~v72
Fa valvs receivcd, 1, we a either of ~s, promise to p~y, without defalcation, to tM order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF ~
FORT PIERCE at Fwt P;~rce, Fbrida, the sum ot = 16, 6U0. OU ,~,~~h imerest (rcm dale at ths rate of7 • S 96 pu annum, in monthly install-
menq .s fouows: = 134 . 00 ~ t~ 1 S L ~y oF .1L111/ 19 72 a~d ~ lika sum on tM carespa?d~n~ d~y of ~~ch month the~e-
after until the whole be fu~ly paid.
Each installment first sha11 bt applid in payment of tM in?e.es! and then on the unpaid balance of the principal wm. If d avlt is m~de in tM
payment of ~ny installment when dw, snd such defsult continues 3p days, then ~t tM opti~ of the holder, snd withqul any other notice, all the r~m~ining
~ns+attments sh~ll be due and payabl~ ~t once. Privikge is yiven to prepay this roro i~ whol~ or in part at any t~me withovt penalty. Meither faebearince,
nor acceptante by the holder thereof after ~ny default in any payments hereon, shall be dee+ned extcnsion. A bte payment charye of = 6. 70 ~
added to c:ch instillment remainirg unpaid 7 days ~fter ifs dw dats, ~~d • like sum shall be added to each auch installmeM rtmaining unpaid 7 days ~fter
eath wtteading payeneM dat~.
Euh make~, w~ety and endatcr Mreof, joiNly and aeverally, waives demsnd, p~esenrment protett and notiu of p?otest fw rwnp~yment, ~nd fwtMr
sgrees to any extension of time of payment, eithc~ before w after matu~ity, without ~otice fo any of us; and to pay all cosh of collectiay includinp •
reasonable attwney i fee in the event of ~ny defavlt he~eunde~, ~nd hereby severolly waives all ber?efit of homestead and exemption vnde~ the constitutan
and t~ws of each 3tate of the Urtited Stares, as ayainst this obligafion a ~ny eatension o? ~enew+l hereof.
Witness fhs hand and sesl of exh psrty.
s/ Alfred L. Test ~y
(5~?U
s/ Gwendolvn Test ~q =
r $24 . ~O ~ Sut~ Rewnve ~U
(Sa+~+4cw~a11~ s~c arqe~~la+ou~)
NOW, THEREfORE, tM MORTGACUR fo? th~ purposs pf secvri 16 604. ~O ~~a~~ of th~
rg pstm+ent of ssid sum of s ¦
covens~ts ~nd pr~emenq hersinafta exprcued, and for diven 9ood and valwbls cauide.at;o+?s, by tl~ese preseny, does prant, bary~in, ult, remiie, i
releas~, convty and confi~m u~ro tM MORTGAGEE, iri sucussws ~~d aui9ns, aU that u~tain lof, piep or parul of lu+d, sitwte, lyinp, uid 'o~irg In ths ~
~W~~ ~ St , LuCle Sute of Florida, dewib~d ~i foflows:
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Lot 7, Block 1~ WAGNGR SUBDIVISION, as per plat thereof on file
in Plat Book 9, page 74, Public Records of St. Lucie County,
Florida,
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C~.;E C`f ;;l,i.,~ ~c~ inr~r•GtBtf P;~ i-;~:~C rP.,r'~.Rr(~ ~
Pl!f?StiA~11i TO CFiAP)ER 11-l.id. Ai,3S (1f 1971. ~'!1 `
BtirGFR iUITR~ Gierk Cirwft Go~:R. SL l~ae Co. Pa
rogerher with ~It and sinpular tlw teneenents, hereditamsnts and appurtances thawnto b~br~yinp p in anywis~ ~pp~taininp tMr~fo, and sll r~nri, iswes,
proc~eds ~nd profits ~cvuirg ~nd to ~ccrw from said prama~s, all of whkh ar~ includ~d in tM abov~ and for
cv poinp d~sariptian and h~b~ndwn.
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TO HAVE AND TO HOLD tM sbow d~wibed ~nd ~r~nted premis~s unto tl+~ ~aid MORTGAGEE, its wa~ao?s ~nd asipm for~wr. Md th~ wld j
MORTGAGOR for hein, ~xecuton, sdminatraton ~nd asi ro, h~?
t h e i r ,y ~y ~q ~th tM said MORTGAGfE, its wa~s~ors and atiprn, ~
they are
rhat Iawfully se;:ed of tM said premis~s in fk iunplet that tFw sarn~ ~n frN, clNr ~nd d'acharpd froen d! li~ns and ~newer i
brances in bw a in pvity, uid tha~ they will and their h~in ahall wan~nt and d~f~rd th~ titl~ fo th~ sam~ ro tM wld
1VIORTGAGEf, in avcussors and assiym, for~vK ap~imt tF» lawful cbims and d~m~nd~ of •11 perwrqJ ~
PROVIDED. AlWAYS thst if tM N+ORTGAGOR sh~ll pay unro the MORTGAGEE tM promiswry not~ he~~inb~fon daaib~d and ~1?a{I mr1Y, prompth
and fully p~rform. d~~chs.9e, e:~cvt~, con?Plet~. comPty wirh ~nd abids by s~cf~ u~d ~wry ti+e stipul~tiaa, prNments, oonditlau u~d cov~nants of ~aid ~
promissory note a?~d of this MortQape, then this Mor~yaye •nd tFw htate her~by u~ated ahall cea~ and b~ nutl and void. ;
IT !S UNDERSTOOD th~t tFy word "Mort9por" whether in tFw sirgular or plwal a~?ywMn in this Mort9ap~, shall bt sinpu~~? if ar only ~nd t
shall b~ plwal iointly ~nd swer~lly if mor~ th+n on~. ~nd tMt tM word "their" ~s uwd anywl~er~ in this Mwtpap~ sh~tl be taka~ to rt»an •'hi~,•• "h~rs•• s
w"in," wharw~r rh~ cont~at w implirs or admits. Al~o, that wher~va there h s nf~r~ in tM covenann and ~yrNrt~snb Iwrein oont~in~d ro any of
tl,e pwti~s Mr~to, th~ ~arM sAall b~ coestrued to rn~~n p w~ll as ti» Min, Ipal r~pe~t~tiws, wa~sson and ~ugro (~iths~ voluntary by sct of th~ - ~
pani~s w imolumary by op~ration of tfw law) of tM sarrw ~rd that rhe co~.nann h.r•i~ conuir~sd ahap bind ar+d rl» benef;» and advant~pp inw~ '
to th~ nspMiw Min, byal r~pe~eniativti, wtuswn and au'yrn of th~ parti~a hsr~to. '
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Md said Mortqayon, fa themHlves ~nd tMir Min, Ipal rp~~sentativ~s, suaesso.s u+d ~uiyia, her~by jointly ar?d sw~rally oownant ~~d pr~ ~
to and with the ~aid MORTGAGEE, its suaeason and ~ui~ro:
1. To pay ~II and sirg~lu tM p~i~cip~i and imKqt a~d th~ v~riov~ ~nd sundry swns of mw~~y psYable by vlnw of iaid promis~ory not~. ~nd this
mortp+p~. ~ach ~nd wKy. WomPtly on ths day~ ~eapactiv~ly tlw sam~ ssv~rdlp Mcarrw du~.
Z. To p~y ~11 ~nd ~irgvl~r the qxrs, useiun~nq. I~vi~s, liabiliti~s, obli~~tiona ~nd ~nc~mbrances of ~vKy natvn ~nd kind naw on s~id dewib~d
P~~~Y, a that he?~aftN maY b~ imPw~d. suffar~d, p~aud, kvid, or auns~d tMreon. a tMt Iwr~aNer may b~ iev:ed o? u~ea~d upon t1~N Morp.
+9~, a the Ind~bt~drNSS s~arr~d hsr*by. ~cfi and ~wry, wh~n dw and payabl~, aaadinp ro law, bsfor~ tMy b~can~ d~linqwnt, and b~fon any Intv~st pf~c j
attschy or ~m ptMlty is inturred; ANO INSOfAR /15 ANY THEREOF IS OF RKORD THE SAME SNAtI sE PROMPTIY SATISFIEO AN~ OISCHARGEp Qf
RECOltO ANO THE ORIGINAI OFfICfAI DOCUMENT iSUCH AS, FOR INSIANCE, THE TAX RKEIPT OR THE SATiSFACT10N PAPER OFfIC1ALLY ENDORSED q,~ i
OR CERTIFIED? SHAII SE PtACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in th~ twM tMt a~y tMnof i~ not
pa~d, sat:s(ied ~nd dischary~d ss:d MORTGAGEE may at any time p~~ the sarr,~ w~ny p~rt thereol witlw~t waivinq w~ff~ctiny ~~ryr oprion. lien, eqvity or
•~qht under a by rirtve of this mortpap~ ~nd tM full amount of e+ch and ~very wch payrrKnt shall b~ immediately dw and payabl~ and shall b~a~ i~?ter~st
hpm tht d~t~ tFwr~of until paid H nte of n~ne per centum p~r a~num and wy~tlx~ w~th such int~r~st shall be secwed by the lien of th:s mapta~e.
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