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THIS INDENTURE, Mad~ tne 3rd d,y of October ~p, j972 ~~M,~
James R. Lancaster and Donna Lee Lancaster~ his pif a ~1
of SL. Lucie Co~nty Florida, herein~f~•~1ea+g?~tec#,as ~t 'MORT AGOR," a~+d FlRST FEDERAI SAVlMGS AN~ IOAN
ASSOCIATION Of fORT PIERCE, • corpwation ory~nized and existing undar tM I~wt of ~,~lnit~Sut~s of Americs ~nd havinp Ns principal plat~ of
buur+eu in th~ City of Fort PiKC~, St. lucle Co~nty, Florida, Mninah~r d~ignated at tM "MpRTGAGEE:'
4~/HEREAS tM MORTGAGOR is justly indebted ro the MORTGAGEE in 1M ium of ~ 2A+300•~ good and lewful money of the United
States advanced by ths MORIGAGfE un~o ths MORTGAGOR, as evidenced by • certain promisswy nole of even date herewith, of which fhe followiny in
wwdt ~nd ii9u~es is a vw copy, to-wit:
~ 28,300.00 . . ~ 10p1887~
Fon P~..~.. Fi«~d.. cktober 3i ~y 72
Fw value ~eceived, 1, we w eithcr of us, promise to pay, withcut defalarion, to the order of FIRST FEDERAI SAV1Nt3S AND IOAN ASSOCIA?ION Of
FORi PIERCE at Fort Pierce, Fto~ida, the :um of s_ 28 ~ 3~~ . ~0 w;th ;nterest from date at the ~ate of .~~9r per snnum, in monthly install-
ments u follows: S 210•~ on the lSt day of December , ~q_~_ ~ like sum on the cwrespond~np dsy of each mqnth therr
after uMil the whole be fully paid. '
~ Each installment first shal) be applied in payment of the interest and then on ~he unpaid balance of the princ~pal sum. If d autt is made tn tha
~ payment of a~y installment when due, and such default continues 30 days, then st the option of the hold~r, ~nd without any other notice, all the rem~inirg
installments shall be due end payable al once. Privilege is given to prep~y this note in whole o? in pa?t at sny time without penslty. Neither forebearante,
; no~ acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment chu~~ of S ~'0 shsl~ be
added to each instsl4nent remaining ~npaid 7 days after itt due date, and a leke sum shall be added to each such installment remaining unpaid 7 days after
each succeeding payment date.
' Each make~, sv~ety and e~dwscr hereof, jointly arxl sever+liy, waives demand, preuntment protest and notice of protest fw nonpsyment, and funFKr
agreet to any extenian of time of payment, either be(ore or after maturity, withouf noNce to any of us; and to pay all costs of colfection, includinp a
~ reasonsb~e attwrKy i(ee in the evenl of any default hereunder, and hereby aeverally waives all benefit of homestead and exemption u~der iM cautitution
and laws of exh State of the United States, as against this oblgstion or any eatension or rcnewal Ixreof.
, W~lnesi the hand and ual of each party,
S/James F. Lancaster ~U
' ~ cs~?u
~ S/Donna Lee Lancaster ~U
\
~ $ 42 . 45 ) $tate Revenue
~ ~
~ NOW, THFREfORE, tAs MORTGAGOR for the purpose of sec~ring p~ymen? of said wm of s 28+3~.00 and tM perform~nce of th~
covenanb and agreement~ hereinafter expressed, and for divers good and valwble considerations, by tF~ese presents, does yr~~f, b~ryain, utl, remise,
~ releaie, conv~y and ~on{~rm vnto the MORiGAGfE, its ~uccessors and ~ui9ns, sll thaf cenain bt, piece or pucel of land, tituate, lying, and oeirg in the
~ounty of St . LUC 1@ and Stat~ of Fb?id~, deuribed follows:
Lot 9, Block 258, PORT ST. LUCIE, Section 24, as recorded
in Plat Book 13~ pages 31 & 31A through 31C of the public
records of St . Luc ie County, Florida.
S'rA E ~ Ff~flRIDA~ /
•~Z p0__
CUMENTARY ~TA M P IA X. ! S~G'• ~~IN PAYMENi OF 7NXES
OEPT. O~
RbwENIlE ~ , R~ •C tNTANG?BlE PERSONAL P~Ci'ERI`f. ~ n;
~ - ~ 4 2. ~ 5 i ~
o=~
a - t
v~+r To cw?~~a ~i ~s oF iyiz. m
. o ~IIQ2 ~•~h ' R(1t~ER POtiW?S
CLERK CIRCU1i COilRT, Sf. U1CIE CO.. Flll
togetF?a~ witl~ all and singulsr the tenements, heredit+menri and appurtancea thereunto belonginp o~ in s~ywist ~ppertainieg thertto, ~nd atl rentt, iuws,
proceeda snd profits xauirg and to acuve from said premises, all of whid? ue irxliided In the ~bove ~nd fore~oiny dacription and h~b~r?dwn.
TO HAVE AMD T IIQW the above desuibed and gr~nted premises unto tFw said MORTGAGEE, its successors a+d auipru fot~vK. Md th~ ~aW
MORTGAGOR fw t e1Z heirs, executon, administratws and assigrts, hereby covsnanq with tM said MORTGAGEE, it~ s~tcessas ~nd ipipro,
~hat thQY are ~~„r{ully se~zed of the said prem~ws in fee simple; that tl» same ar~ fres, claar and discharped from all li~ro and ~
brsnces in bw a in equity, and that thev W;~~ thpi r
hein shall w~rrant and defend thi titl~ to tM s~m~ to tM uW
MORTGAGEE, its successws ~nd au~gns, forever agsinst the (swful cl~ims and demands of ~11 perso~s;
PROVIOE~, ALWAYS that if fhe MORTGAGOR shall p~y unro the 1NORiGAGEE the promisaory note hereinbefws dewibed and sMll truly, prorr~ptly
and fully perfwm, disch~rge, execute, compkte, comply with and ~bide by e+ch ~~d every the stipulatiom, ayreemenh, conditions snd coy~nanq pf uid
promiswry nots and of this Mwtgage, then this 1Nort9sge and the 6tate hereby aeated sFwli ceas~ ~nd be ~ult ~nd void,
IT IS UNDERSTOOD that the word "Mongsgw" whether in tM singular or plw~t ~oywhere in this Mwtyaps, ahal! bt sinpvla if on~ only ind
shsl) bs plural jointly ~nd ~everally if more th~n one, snd that the word "their' ~s v~ed anywher~ in this Mortpay~ ahall be t~ken to me~n "his; "'hKS;'
w"its;' wherever the context w implies or admits. Also, that whereve~ there is a referencs in the covenann and pra~nKnri herein co~tainsd 1o any ol
th~ p~rtip herato, tM sam~ shall be cortarrued to mean u wsll u the heirs, Ipd r~presentatives, sutteswn and usiyro (~ither volunt~ry by ~tl of th~
part~es or invol~ntary by operatiw~ of the law) of the ssme and t!»t the covenants heret~ com•~ned shall b~nd and tM b.n.f~n and advantapp irwr~
to tha r~tpettive heirs, leyal representatives, successan and au'yns oi the parties keroto.
And s+id Nbrty~pws, fw themselves and their hein, leya! repre~enutives, suctesson ind usipns, hertby jointly ~nd tev~rally covenant a~d ayree
to u~d with the s~id MORTGAGEE, its ivccesson and ~uigns:
1. To psy ~11 and sirgul~r the principal and interest and the various ind sundry sums of moneY paYabl~ by virtue of ssid promiuory note, and this
mortya~e, exh s~d tvery, promptly on the days respettiveiy Ihe same avtnlly becpn~ dw.
2. To p~y all and sinyvbr the tsxes, asusunenh, levies, liabilities, obliyatiau and McvmbarKei of every r?~ture and kind now o~ said dacribeA
prope~ty, w tMt hereaft~r maY be ;mpos~d, auffered, placed, levi~d, er sssess~d thereon, or th~t hereafter may b~ levied or usess~d upo~ thi~ Mort9-
a9e, a tM ind~btedneis secured hereby, esch a~d every, when due ~nd paysbl~. ~ccordinp to iaw, befwe they betan~ delinqusnr, u~d b~for~ u?y interpt
attaches w any pendty is incurred; AND INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SHAIt SE PROMPTLY SAiI5f1ED AND DISCHARGED OF
RE~ORD AND THE ORIGINAL OFFICIAL DOCUMENT (SIJCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAItY ENOORSE~
OR CERTIFfEO) SHAIt dE PlACEO IN THE HANDS OF SAID MORTGAGEf WITHIN TEN OAYS NEXT AFTER PAYNIENT; ~nd in th~ event that any thenof is not
paid, sat'afied snd discharped said MORTGAGEE may at sny time pay the s~rn~ w any psrt thereof without waiviny or affettin~ sny option, li~n, pvity ar
•~qht under or by virtus o~ this mortgsye and the full amount of each and evsry such payment shail be immediately due and pay~ble ~~d shaN bsu intsrest
from the date lhereof vntil p~id at rote of nine per tent~m per an~um s~d toyethe? with such int~rest shall be secured b the lien of th:s mor~fape.
dQCK~OU f~~GE~~JU
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