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THIS INDENTURE, Mad~ the 7th dsy of .j~~ , A,p, ~q
72„
_ G. B. Walters and Alliece Walters x,~t,_}i~~rifg
of St • Lucie ~p~nry Florida, l+Kein~fta d~signated as the "MORTGAGOR,'• snd FIRST FEDERAI SAVINGS AND IOAN
ASSpCIA110N OF FORT PIERCE, ~ corpwation wyani:ed and existin9 u~der tM laws oi the United Statn of ArtKriu a~d Mvinp i» principal plsq of
butineu in tM City of Fwt Pierc~, St. Luc'a County, Florida, hereinaft~r dsiiynated u ths "MORTGAGEE."
WHEREAS tM MORTGAGOR is juatly indebted ~o tM MORTGAGEE in ths sum of = 2~~0 , good and I~wful money of the Unifed
Statei advanced by the MORTGAGEE unto ths MORiGAGOR, as evidenced by a cerrain promissory nole of eve~ date herewith, of which the followinq in
words and figures it ~ true copy, to-wit:
= 2'~' ~.0~ ~ 3-18~544
Fort Pieres. florida, J~y 7,~ 19 72
Fw value received, 1, we or eithe? of ~s, promise to pay, without defalcation, to the order of fIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, the sum of s--~~5~•~ with inte~est t~om date at the rste o~•75'}6 per annum, in monthty inst~ll-
ments u follows: s 3b-OD _ on thc _IS~ day of Santa~.har 19~_ ard a like sum on the correspood~ng day of eacf? month therr
after unfii the whole be ivtty paid. ~
Each irtsrallment first shall be applied in payment of the interest and then on the unpaid balance of the print~pal sum. If d ault is mads in the
payment of any installment wlxn due, a~d sexh default continues 30 days, ihen at the opYMn of the holder, and without any other notice, all the remaining
~nsrallments shall be due and payable at once. Privilege is given to prapay this note +n whole o? in part af any time without penahy. Neither forebeuance,
nor ~cceptance by the ho~der rhereof after any default 7n any payments hereon, shall be deemed extension. A late payment charge of i 1+~ shall bs
added eo each inslal6rs~nt remaining unpa~d 7 days after iri due date, and a like sum shall be added to each such installment remaining unpaid 7 daya after
each succeeding payment date.
Each maker, surety and endorur hereof, jointfy and severaNy, waives demand, p?euntment p~otest and notice of protest fw nonpayment, and furthet
agrees to ~ny exfension of t~me of payment, either before w after maturity, without notice to any of us; and to pay all costs of collectio~, includiny •
reaso~able attcxney's fee in the event of any default hereunder, and hereby severalty waives alt benetit of homestead and exemption under ihe constilution
and Iaws of each State of the United States, as against this obligatio~ w any e:tension or renewal hereof.
Witneu the hand and seal of each party_
S/G. B. Walters ~q
(S~?U
S/Alliece Walters ~,w
t ~3 ~?5 ~ Stsle Revenue
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said wm of = 2~ ~N ~Q~
~nd the perfwmence of th~
coven~nts and egreements 1+ereirtafter expre~sed, and fa divcrs good and vsluabk considerations, by these prcsenri, does grant, bsrya~n, :ell, remise,
releau, convey and confi~m ~nto the MORTGAGEE, its successors and augns, all that cenain lot, pieu ot pucel of Isnd, situate~ lyinp, ~nd being in ths
County of St . LuC i Q ~ ux! State of Flwida, desvi6ed as follows:
Lot 3, of Block "fi", of FEC b MAY*S ADDITION to Fort Pierce,
Florida, as per plat thereof on #ile in Plat Book 3~ at page 48,
of the Public Records of St. Lucie County, Florida. ~
STATE oF ~ y~T
~ Z DOCUMENTA ~~s
O a{ UA. ~ ~
o = .iu. i:~n + ~ _
N~ o~t.~ sirEreE • s`~~`~ ~ I~! PAYJME.''R QF TAXQS ~
P.B ~9o«z = _ ~ ~M CLIISS'C' INTAM6181E PE.~O•:A L P Q
p p~ Y~
PURSIIAPIT TO CFiAP'~? 71-134. /1C1$ ~?F 19lI. i
IiO~ER PORRAS fjjCC J
CIERK tlRq1R COURT, Sf. WC~E pp~ Fu ;
tegetMr with atl and singular the tencmenb, hereditaments and appurtsnces tFxreunto belorgirg or in ~nywise ~ppertainkp thereto, ~++d aU rent~, iuws,
proceeds and profits acuuiny and to acuue from said premises, all of whKh are included in th~ ~bove snd forpoirg dewiption and hsbendum.
TO HAVE AND TO HQlO the above desuibed and g~anted premises unto ths said INORTGAGEE, its sutcessors and ~uip~ fwewr. Md t!» aaid
MORTGAGOR fo? thezr ~~n, eaecutws, administratws ~nd auige?s, hereby tovensnri with fhe said MOQTGAGfE, its suocsssors u~d astipns,
rhat t~y are Iawfully uized of the said prem~ses in fee simpte; tMt the same sre fres, ckar and tlixharytd from all Iiena and ~ncurt?
brances in Iaw w in equity, and that ~~1~}~ wilt~~nd their hein ahall wsrrant ~nd defend th~ titl~ to th~ saen~ to th~ aid
MORTGAGEE, its tuccesson ~nd ~ssigns, forever egainst the Iswful claims ~nd demands of aIl penons;
PROVIDED, AlWAYS that if the MORTGAGOR shall psy unro the MORTGAGEE the ptomissory note htreinbefwe desuibed ~nd sMll tn:ly, promptly
a~d fully perfum, d~uhs~ge, e:ecute, compkte, comply with and ~b~de by esch ~nd every the ~tipvlatio~s, ayreemen», tonditions and covensnri of sa;d
promissory note ~nd of tbis Mort9age, the~ this Mwtgage and the Est~te hereby ve~ted shall ceas~ and be rwll and void.
IT IS UNDERSTOOD that the word "Mortg~gw" whethe? in the s~ngvlar or plur~l ~nywhere in th'n Nlatg~ye, sMll b~ sinp~lu if on~ only ae~d
shall be plunl jointly and sever~lly if more thsn one, and tha~ the a~ord '9heir" as used anywFere in this Mort~aye shall be t~ken ro me~n "ha;' "Mrs;'
o~ "its;' wherever the context to implid or sdmits. Also, that wherever there is a reference in the coverNnn ud ~yreemenn herein epntairnd to any of
rhe partie~ hereto, the ssme thall b~ co~srrued to mesn as well ~s the hein, leyal r~presentstives, suaesias snd asti~ns (eitlwr voluntary by ~ct of th~
parties w involuntsry by operation oi the Isw) of the ssme and that the covenan» herei~ contained shsll bind end tM benefib and advantaQ~s inw~ _
to the respettive he'us, Isyal represent~tives, successon snd au~gns of the psniet hereto. '
And said Mortyagors, for Ihemselvei snd their hein, legal represenqtive~, successors a~d auiy~s, hereby jointly and stverally coven~nt ~nd apne ;
to and with ihe said MORTGAGEE, its successors and suigru: ?
1. To pay +It ~nd sinyvlu the princ;pal and interest and the various and aundry wms of nwney payable by vi~tve of said promiuwy note, and tF?is
rt+wtg+ye. ++ch ~nd every, prompHy on the d~ys respectively tF~e same s~wrally becane dw.
2. To pay ~II and sirgulu ti+e ta~ees, asussmen~, kv~es, li~bilities, oblipatans ~rd encumbrances of every ~awre snd kind now on s~id describ~d ;
p~operty, w that he?eafte~ may be ;mpo~ed, wffered, placed, levied, or ~sses~ed, thereon, or ~hs~ hereafter may be levied or asseued ~rpon ti~is Mortp. i
ege, w tiw indebtsdness secured hereby, esch snd every, when due and payable, accordinp to law, befw~ they become delinquem, and befut any &~terest ~
a+rachei or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PRONIPTLY SATISffEp ANO DISCH/lRGEO OF ~
RECORD AND TIiE ORIGIIYAL OfflpAl L)OCUMFIJI (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFIt1AlLY ENOOR$Ep
OR CERTIFIE~) SHAII 8E PIACED IN THE HANOS Of SAtD MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event thaf any ihereof is rat 3
paid, sst'sfied and discharged sa:d MORTG4GEE may st any time pay the same a~ny part rhereof without wairir~ a affecting any option, lien, equi p
M
~~qht under o~ by virtue of this mortgsge and the full amount of esch and every such paymcnt ~hall be immediately due snd payable and sMll besr interest
~.om the date thereof vntil paid at rate of nine per centum per annvm and together w~~h such interest • II red by the lien of th:s morytsye.
_ `~~~~~14 P,~~~ 3Q5
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~"~"~'s.,v._ ~i>.:- z 3 ~ . . 4 '5~~~ ..,~-`t-~~ ~'e:^~