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TNIS INDENTURE, M~w t~,e bt~ d+y ~f ~Y~ w.p, ~q
73 betwNn
Wi,ps~.on G. S~ears and Kathls~n R. So~ar~s dis wifa
of ~ St _ Lu _ ~e ~~N ftorid~, I1Nl:MftH dssignaeed u th~ °N17RiGAGOR,° and FIRST ffOfRAt S.~VIkGS AND 1UA~~
ASSOCIATION OF fORi plfRCf, a corpaation aqani:ed and e~is~:np urde+ tM laws Oi tM Unltsd but~s of Ame~ic~ ~nd Mvinp ia pri~upal plx~ of
b++si~a in ~h~ City of Fon PiKC~, St, lucts Cou~ty. fl«ida. Mrsi~.afta daigna~~d u~M "MORIGAGEE:'
WHEREAJ tla MORTGAGOR is jwtly indtbt~d to tM MORTGAGEE in tM sum of i 25 ~ 3~' Q~ good ar+d tawful money of the Un~ted
S~~tes ~dvanced by ths MORTGAGEE v+uo the MORIGAGOR, as ev;dc~xed by a ceru~r? promissory note of even ds~e herewi~h, of which ~he followin~ in
wwds and fiyvrei is a trw topY. to-wit:
; 25,300.00 ~ 10019506
. ~n PKn.. F~«ca.. 1!1~rch 6 ~v~_ ~
y fw wlve received, 1, wc or eithar of us, prom~x to pay, withoul defalcatia~, fo ~he wde+ of FIRST fEDERAL SAYINGS ANO IOAN ASSOCIATION OF
_ FORT PIERCE a1 Fwt P~crce, Florida, the sum of s 25~ 3~L~ w~rh inre~est lrom dare at the nte of 7• 59C. pe~ annum, in mot?thly instalb
~nents as foliows: i 187. ~n ths 1~b day of J~@ t9 73 and a like sum on the cwrespw~cGng d~y of eaci~ mo~fh there-
afrcr uotil the whol~ be fully paid.
~
Each ~nsullment fi~st thall b~ appliad in payment of the interesl u+d then on 1he unpaid Mlsnce of the p?incipal tum. If default is msda in tl+e
\ payment of any insralGneni whe~ due, and wch default tontinves 3p tlays, then at rhe optiw~ of the holdrr, u+d without a~y otF~ ewlice, all ~he remeen:n~
~nstallmcnts shsU be due and payabte at once. Privilege is givcn to prepay this note in whole w in part at ~ny time without penalfy.~ Neither fwebcaru~te,
~ nor acceptance by the holder thcreof afre~ any deiavlt in any payments hereon, siv" be deemaJ exterts~on. A late payment charge of s 9.
35 shall be
t added to each installment remaioing v~paid 7 days after ifa due da/e, and w 1~~ .~~?y11 be addad ta each wch instaibn~nt remaining ~npaid 7 days after
~ each sutteeding paYment date.
~
Each maker, surety a~d endo.ae~ hcreof, joiN!y and severally, ws7ves demu+d, p?esen~ment proteat and notice of protest far nonpayment, and furthet
` ag.ees to sny extension of time of paymeni, elhrr before or aftc~ matu~ity, withouf notKe to any of us; and to pay a!1 tnsts of coqecfian, includinp a
\ reaso~able aftwney s fee in the evenf of any dafauh hereu~der, and hereby severally waives all benefit of homestead and exemption under fhe constitutan
and laws of each State of the United Statcs, as aga~nst this oblgation_a any exteniion a renewal hereof.
~
~ Witoeu the ha~xl and xal of each party.
! _ sf Winstnn G_ Snaara
~ t5~?U
~a ~ _ s/ Ka?thlenn R. S~azS ~
~
~ $37.95 ) State Revenue ~U
~ tsti.p.s.r~.~v.d..aw.o.~si.d..a.i
NOW, TNFREFORf, the MORTGAGpR fw ~he purpose of securing p~yment of said sum of S 25 • 3~ • l~ ~ k+d the parformance of the
covenants and agreeme~h hereinaftd expre~sed, and fa drvas good and wluable considerations, by these preatnts, does graM, baryain, u11, remise,
release, convey ~nd confirm uMO the MORiGAGEE, ib successors and auigns, a!1 that certain bt, piets o~ partel of I~nd, sitwte, lying, and being in ths
~p~~ ~ S~~ _ll _1 - ir~d SFale of F:orids, deWibed ~s follows:
irat 20, Black 245, POR? ST. UTCIB, S~CTION 6, as per p~,at theYeof on
file in Plat Book 12, Page 36A; 368; 36C and 36D, of the Public Records
of St. Lucie County, Florida
S A E~F F' ORIDA~
os ~ DOCUMfNZARY tAMP TAx ~ ~~`j V- ~p ~ I N PAYdlENT OF TAXES
c~ n~Pt. oF RErE.NUE I ~ q~ q~ ~ INTANGIBLE PERS.:!r,tl P~t0~FR1Y~
n~- i I~ 3 7 9 5 t w~r ro cHaPT~a ~i-i~+. ~cTS o~ iy~i~~
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CtE30( CIN(yIIIT OOURT. ST. IUCIE 00, R~
rogether with all ~nd singular the tenements, hereditsments a~d appurtances the~eunto belorgirg or i~ snywise appertaining therefo, and aH rents, iuues,
proceeds ~nd profits acuuing ~nd ro xcrue from said p~emise~, sll of which ue ;ntluded in the sbova ~nd foregoing description ~nd hsbendwn.
TO HAVF AND TO~ the above described ared grsnted premises unto the said MORTGAGEE, its suoceuas and auip~ forw~r. And tM s~id
MORTGAGOR for t'""-Y---- heirs, executas, administraton and assigns, hereby covenanri with the uid MOR7GAGEE, in wctesson ~nd auipra,
rhar - t~-aze- Iawfuliy seized of the said prem;set, ;n fee s~mple; tMt the :sms ue free, ckar and ~scF?~rged {rom a11 liens and encuro-
brances in Iaw w in equify, and thst
tbE+V W~~~ Lhe~Y
heirs aF~all wsrrant and defend the title b the ~am~ to the s~id
NIORTGAGEE, its succeuws snd auigns, forever againss tix tawful daims ~nd demands of aN persp+s;
PROVIDEO, ALWAYS thst if the MORTGAGOR shaN pay unro rhe AAOR7GAGEE the prom;ssory note hereinbefore desuibed and ~hall trvly, promptly
and fully perform, discharge, execute, cor»pkte, cornply with snd abide by esch ud every the stipulatiwu, agreemenn, condi!'wro and toven~nts of sad
prom~aw?y note and of this Maigsge, Ihen this Mwtg~ge and.the Estste hereby veafed shsfl cesse and be iwl) and void.
IT IS UNDERSTGOD tF~st the wwd •,Mortg~gar•• whether ~n the singular or plwa! anywhere L~ tl?:s Mortgape, aF~sll be sinpular if one only ~nd
shall be plural jointly and severslly if mwe than one, and that the word "the'a" ~s ~sed ~nyvrhere in this Mortga~s sh~ll be taken fo mesn "his:• •'hen••
or "its; wherever the context so implies or admits. Also, thst wherever there is s reference irs the covenanfs and sgreements herein aontained ro a~ of
rhe panies herero, tF~e iame sha71 be conserued to mesn ~s well as the heirs, tegsl represemsrives, wtteuors and auiyns (eirher voluntary by act of the
parties w involuntary by opcration of the law) trf the same and tF~at the covenams herein contained sf~sll bind and the benefiri u~d advanbyes inw~
to the respective he"as, kgal rep?esentatires, successon and ass~gns of the parties hereto.
And said Morfgagors, for tFrcmselves and their heirs, Isgal reprexntatires, wccesson and suipro. hereby joiMly and severally coven~nt ar?J apree
tc and with the said MORTGAGEE, its s~ccessors and ~uigns:
1. To pay all and singvlar the principal and interest and the vsriovs and sundry sums of money p~YaWe by virtue of said promisswy nofe, and this
mort9age, each snd every, promptly on tht days rapectively the same severa:ly become dve.
2. To pay all and singvla~ the tazes, asusunents, IEVies, liabilities, obliyations and encvmbrantes of every n~t~re and kind now on said desubed
properry, or that here~f~er may be ;mposed, suffered, pl~ced, levied, a suassed thereon, ot that hereafter may br levied w usessed upon this Morq-
a9e, a the indeb~edness secured hereby, esch ~~d every, whe~ dve and payibie, xcording ro law, before they become delirquent, ~nd befae ~ny fmsrat
anzches or any penalry is incurred; AND INSOFAR AS ANY THEREOf IS Of RECORD THE SAME SHAII 6E PROMPTLY SATISFIED ANO DISCHARGED OF
REGORD AND THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FUR INSTANCE, THE TAX RECEIPT OR THE SATISFAC~ION PAPER OFf(CIAtIY ENDORSEO
02 CERTIFIfD; SHAII BE PL/ICED IN THF HANDS OF SAID MORT(',AGEE WITHIN TEN DAYS NEX? AFiER PAYMENT; and i~ the event that a~y thereof a not
pa4d, sat sfied and dixharged ss:d MORTGAGEE may st any fime pay the same w any p~rt thercof wilhovt waiving or sKtcting ~ny option, Iien, equity a
+~qht unde~ w by virtue of this morrgage and the full smount of each snd every such payme~t shah be immediately dve and payable and shall bear intnest
i.em rhe dare thereof until pa:d at rate of n~ne per centum per annum and together w~th such ime.est ihall be secured by tF+e licn of th:s morgtape.
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