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Ti115 INDENTURE, Maei~ ~F~th day ot February ;/~.0. 1973 b~tws~+?
William R. Dannahower and Luci ~A,~ Dannahower~ his wife
ot $t. Luci~e ~y C~~~y Fbrida, ha~inaflq designsted ~i tM "M~RTGAGOR," ~nd FIRST FfDERA1 SAVINGS AND LOAN
ASSp~IA?ION OF fORT PIERCE, • cuporation oryar?ized and exisrin9 wKlN t~ laws of fM Jn[t~d Statp Of Mts~it~ ~nd havinp in princips! plau of
busin~s~ in rM Ciry of Fort Pi~rc~. St. Lvci~ County, Florida~ I1lf11MI1N dtSi~MlOd aa 1M "MORTGAGEE.°
W11ERfAS th~ MORTGAGOR is 'us1 u?d~bad ro tM JNORTGAGEE in 1M wm of s 53 00
1 ~Y ~ ~ • good ~nd lawfvl nw~oy of tF!e United
S•~tes ~dvanced by tM MCRTGAGfE ur.to tM MORTGAGOR, as wide~crd by a certaln promissory ~o~e of eve~ d+te here~i~h, of wh;ch ~tr ~lsiba.i~ in
words and figwes w• trw coPY. hswit: '
s 53, 600.00 ~,y~ IO~T ~
~t P~. February 26~ ,9 ?3 ~
3
fw wlue rece~vcd, 1, vre w eitF.er of us, promise ~o pa , w~thout defalcatio~, to the udar of FIRST FEDERAI SiaVING5S AND iOAN ASSOCIAIiJN OF
FORT PIERCE at Fwt Pimcs, florida, Iha wm of : S3 _ with inte?est from date at the rate of 7~77fi pe~ ~mm~», in monthty iast~IF
~ mentS +!i ~OJIOwl: 4~~ on rl?a ZOthday of APriZ 19 73 snd • liks sum on tF~s cwrespon~fn~ day of each a+onth therr
after unt:l the whok M fulty paid.
~ Each irtstal~ment fint sl+all bs a~plied in paymau of the iMerest and then on the unpaid bafance oi the princtpal sum. If de~auN is made in tM
payment of any ins~allment when due, u~d such default continues 30 days, thcn ~t the option of the nolde~, snd without any otfr~ notice, ilt Me •emaining
~ ~nstallmen~s sha!( k~e dur and pryabie at orce. Pr;iilege is given to prspaY thu note in w~.ole or in psrt at any time without penaty. Pki~F~ forebeua~ce,'
nor scceptance by the ~older ~hereof afte~ any default in any Nyene.~t~ hHeor., sha{I be deemeJ ex~ms~on. A Iate payment charge of s 22 `05 si~ati be
added ro each installment ranaining ~npaid, 7 days after ib due date, and a I~ke sum sha~l be added ro eath wch installment romaining unp~id 7 days aher
~ each wccaeding paYment date.
E~ch m~Eer, w~efy and endwser hereof, joinNy and severally, waives demand, presentment F
Y protest and notice o. protest fw nonpaymer.3, and further
_ agrees ta ~ny extens'an of timu of paymenl, eirhe~ before or *her maturity, wi~hout notice to any of us; and to pay all cosb of collection, incl~ding a
reasonabk attaney i fee in the event of any defautt he~eunde~, and hereby sevevally waives atl benefit of homestead ar~d exsmp~ion under the co~stitution
and laws of each Srate of Ih~ United States, as a~ainst thi; obligation or any ex~ension a renewa! i~ereof.
WiMeu 1Fk hand ar~d xal af e~ch ~uty_
s i iam , anna~ower
- tS~aU
s cia , annahower ~U
80 ~ 40 ~ stats Revenue
(S~aw~s.MwwlMi M• ~r:~i~d+»t~ - -
" purpose of secvri ent of ss~d sum of ; 53 600~(~
NOW, THEREFORE, the MORT.sAGOR for ths ng paym ~ , and the
performance of tM
covenann ared sgreer.~enn here„wfre. expressed. and fa diven good and valwbte cau;dcntions, by these preser?ta, does Q.a~+t, barp~in, sell, rem7se,
rekase, convey ud confirm ~MO the lMORTGAGEE, its succeuors and assigns, all tlat certain lot, piece or parcel of lu~d, situate, lyirg, snd beinp in ths
~~~M ~ $'t. Lueie and Stat~ of Fbrida, dewibed as follows:
Th~t part of the South 1Z3~ feet of the North 508t~ feet of Government Lot
1, Section 15, Township 35 South, R-nge 40 East, Iying East of the E~si
ric;ht of Ray line of the Fiorida East Coast Rsilroad, together ~vith ripa-
ian rights, excepting right of way f~r Indian Rivzr Drive,
_
~ORlL7A 1
o, a-C3 VMENiAR~ TAMfi IA X. ~
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r o~ e r~uF" t ~ 1C~ _.Z t:
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w 4 ~ ~ fE1 jT» + ~ ~ ; ~r
~SS 'C IMTM[GIBLE+PERSQ:~t~pq~RIY `
. Q =111Ot Y• V~ C1iIWTER 71-131. ACTS Of 19)1. ~ S
. I R06EN POITItI~C /ll~`f
' - ~1~ CIRCUR GOU1tf. ST. WCtE DO., f~/~
together with atl and singulu the tenements. her~t~meab and sppurtances thereuMO Mlorging-a in anywise appertainirg thereto, and all rents, issues,
proceeds and profits acvuiag and to uwe from said premise:, atl of wFiKh ue ~ndudecf iq the sbov~ and faegoing dacription and habendwn.
TO HAVE AND TO HOlO the above described s~d g~s~ted premises umo the s~d hWRiGAGEE, its woceswn snd assigns forevu. /~ad tht aatd
MORTG~
R fw th~ir ~~n~ eaecutors, administnton and auigro, hareby cover~snt~ wFth the said MORiGAGEF, ib suaessors and ~ssgnb
~hat ""'y are Iawfuft seized ot the said premises in fee sim Ir, that ths s~me ue free tlear and disci?~r
Y P yed trom al) liens and encum-
branca in law or in equity, snd fhat t~Y wil! and their ~s si?sll w~rwM ~nd defend the Tiil~ to the sart» fo tM s~id
MORTGAGEE, ib successors and auigns, forever sgainst the lawful clsims and demsnds of all persons;
PROVIDED, AlWAYS thst if the M.ORTGAGOR shall piy unto the MQRTGAGEE the promissory note heteinbefwe described and shail iruly, promptly
and full~ perfwm, d~schar9e, eaecute, compkte. complyr wirh and abide~ by exh and every Ihe stipulaliwa, ag~eements, caditions and covenants of said
prom;uory note and of this Mo:tgsge, then this Mortg~ge aod the Esiate hereby uested sh~ll cease snd be null and v~oid.
IT IS UNDERSTOOD that tF~e word "Mortgagor" whether in the singular or plwsl aeywhere in this lNortgsge, shall be sirgula? if one onlv and
shall be plw~l joi~tly and sevewfly if nwe than onr, and that the wwd "their' as used ar+y«here in this Mortgape sF»II be taken to me~n "ha;' "hen,"
or ";is;' wherever fhe context w implies or admits. Also, thst wherever there is ~ refcreece in the co~venann and agreements herein oont~ined to any of
+he parties hereto, the s~me shall be cons+rued to mesn as well u the hein, kgal represe~tstivq, wuessors snd assiprts (either volvntary by act of tht
parties or inv~olunqry by operation of the bw) of the ssme uK! that the covenants herei~ contsiecd sh~ll bi~ and the benefiri and ~dvant~yes a~we
ro the respective heirs, kgal representatrves, succeswn and su'gra of the psnies he~eto.
And sa+d Mwtgsgors, for themsetves and their hein, kgal represemetivd, sucte:sors snd asaigro, hereby jointfy snd severally covenant and syree
to snd with the ssid MORTGAGEf, in wccessors and auigns:
1. To pay all and :irgular rhe p~indpal and infe.est snd the variovs and sundry wms of money paY~bk by virtue of said promissory note, and this
morty~e, each and every, prompNy on tl+e days respectively the same severally become due.
2. To p~y alI ~nd sirg~lu the ~sxes, suessmenn. k~ies, lisbilities, obligstions snd encumbnnces of every natu:a and ici~d now on said desvibed
P~oP~?tY, w tllif I)flNffN mar be imPe~ed, suffered. Placed, ler;ed, a assessed thereoA, or th~t her~sfter may b~ levied w assessed ~po~? this Mat~-
age, a the irdebte~dness secvred hereby, exh ~nd every, whn+ d~e and psy~ble, sccordirg a 4sw. befae fhey ~become delin~uent, and befwe ac~y interes~
attaches or any penalty is incurred; AND IN30FAR AS ANY THEREOf IS OF QKORD THE SAME SNAII 8f ?ROMPiLY SATlSf1ED AN~J D15CHARt'aED OF
RECORD AND THE ORfG114A1 OFF1CIAl DOCUMENi (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSEO
OR CERTIFIED) SHAII BE PIACED IN iHE HANDS OF SA~D N10RTGAGEE WITNIN TEN DA1f5 NEXT AFtE~t PAYNIENT; and in the event Ihst ~ny thereof is nW
pa~d, sar stied and d~scharged sa:d Rk7RiGAGEF inay ar ~ny ~~me pay :he same or any part thcseof without waivirg a sffectirg -~ry option, lien, eqv~y or
•~qh~ under w by virtue o1 this mortgage and the fv~l amount of each and every such payment sha11 be inrnediately due and psyabk and shall bear interest
~.om rhe dare thereof until paid at rate of n~~e per centum per annum and :ogether w~th tvch interetf shall ba secwed by the lien of tb:s morgtape_
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