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?HIS INDENiURE,•IM~ th~ 22pd- day of s' A.~. 19~ betvw+n
Bert P L~nOinn sn~j [tut~ rt nQiinn~hi~ rifB _
af SL . LtIC~@ CpM~y fbrid~, l~~iewh~r dsiip~aMd u tM "MORT('s/1GOR," and FIRST FE~ERAI 5/1VING5 AND LOAN
ASSOClATlON OF FORT PIERC~, a co~pai~ion apaniud and existi~+p u~ th~ Iaws of tM Unit~d Stata of Am~riu apd I+~vinp itt princip~l plau of
bu~ in tiw Ciry of fat PiKU, St, lucN County. Flaid+. Mr~M~+hw d~sipna~d a tM "MORTGAGEE." . .
WHEREAS 1M MORTGAGOR i~ ~stly ind~bt~d 1o tht MORiGAGEE in tM sum of ~ 27 a 7~ pood and l+wful monsy of ths United
Sraros adwnc~d by the MORTGAGEE ~nto tFa MORTGAGOR, as evidenced by a oertain promissory ~ot~ of even dats h~rwvith, of which the (ollowinp i~
wwds ~nd fipurq is ~ 1rw topy, to-wit:
~ 27 ~00~00 10019609
~ F„t Pkrc, Fb,id,,, March 22 ~9_~
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For value received, 1, we w either of us, promise to pay, without def~~c+tion, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCtAiION OF
~ FORT PifRCE at Forf Pierce, Flwida, the sum of ~ 27 ~ 7~~• 0~ with interest from date at the rste of ~.~96 pe~ annum, i~ monthly insfsll-
~ menn a follows: ~228. 00 ~ t~ lOL~1 ,~y of ~y ~ 1973 and a liks sum on tF?e correspond~np da~r of each aronth therr
aiter until the whole be fully paid.
EacF? insallment first shall ba applied in payrn~nt of ths interest ar+d then on ths unpaid balance of tF~e priix7pal wm. If default is msde in tfie
paynxn~ of any installment when dve, and wch def~uh continues 30 dajrs, then st the opYan of the holds~, snd without sny other ootice, all the remainirg
1.. ~nstallmenn ~hall be due snd p+yabk at onte. Privile9e is yiven to prepaY this eote in whole o? in ps?t ~t ~ny time without pen~lty. PNither faabeannte,
nor scteptance by the holder thereof after any default in any paymenri henon, ihall be deemed extemioa. A late payment chxge of j 11 .4~ sMll 6e
~ added to each iiutaltment remaining anpa~d 7 days after its due dat~ and a like sum shall be added to each such instsllme~?t remaininp unpaid 7 d~ys ~fter
each svtteedirg p~yment date.
~ Each maker, surery and endwser 1?c eof, jointly and sevcrally, waives demand, preuntment protest and notice of protest for nortpaymenT, and furfl~et
agrees to any exteasion of time of payrn~nt, eirher before p aftrr matwity, without notice to any of us; and to pay all costs of eollection, incl~diep a
~ reasonabk attorney i fee in the even? of any defau~t hereurxler, and hercby severslly waives sll benefit of homestesd and exempYwo under the constitulion
~ and laws of each State of tF+e United States, as against this oblyation or u?y extension or ~enewal he?eof.
Wifness the hand and seat of each pa~ty. .
gert P _ Lonaina ~Ewq
l5~?U
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Sf Ruth _ I~nnf nc~ ~q
. ts~u~
~ ~ $41. SS i State Revenue
~ (5rs~cs+oQlYd~c~s)
~ NO;N, THEREFORE, the MORTGAGOR fw ths purpose of securing p~yment of qid sum of S 27a7O ~ .+~d ths Perfor?n+nce of th~
co~en.nn and a9~eeme~+n he.e~~frer ex~xessed, and for divers good ~nd vstwbk consideratio~s, by these p~e:ents, does grsnt, b+rp~in, sell, remise,
release, convey and confirm uMO the MORTGAGE~, its wcceswn aod ~uigns, alI tFat ceAain bf, piect or paroel of land, sitvate, lyirg, ar?d being in the
ti
County of $t. L.11C1@ , and SNte of Flotida, describ~d as follows:
The East 13 feet of Lot 5 and the West G2 feet of Lot 60, Block 2,
CO(JNTRY CLUB BS?ATES; as per plat thereof on file in Plat Book 10,
page 33, of~the Public Records of St, Lucie County, Florida, - ~
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F rogether with ~II and singular the tenements, hereditaments and sppurtances tl~eunro belo~ging or in anywae appertaininy thereto, a~d all ronb, issws,
s prxeeds and p~of;n accruing and to ~ccrue from said premises, all of wFiKh are induded 'u~ the abov~ and forepoinp dewipYan uid Mbendwn.
~ TO NAVE AND TO HOW the sbove described and granfed premises unto the s~id MORTGAGEE, i1s wocesson and usipro fw~va. Md th~ wid
~ MORTGAGOR for their ~irs, executon, adminis~rstors snd auigro, hereby oovensnb with th~ ssid MORTGAGEE, its sircuswn aed ~n,
j rhat tlfp~v are ~,~,fully seized of the said premaes in fee iunple; th~t the s~rne ue frae, cfear and discharyed from aN liero and encwo-
? branas in Isw w in equity, and that th@Y will and th~iY ~eirs s1~H warrant md defend the titk to fhe sanr to ti» saW
MORTGAGfE, its s:xceuors and auigra, fwever agairat the Iawful claims ~nd dem~~ds of ~II penpq;
1 PROVlDED, AlWAYS th~t if the AhORTGAGOR shall pay unto the MORTGAGEE the promissory rwte hereinbefort described and sh~ll trvly, promptly
and folly perfwm, discMrge, execute, compkte, tomply with and ~bide by exh a~d every the stipulations, apreements, cadirions and o~ven~nri of said
prarnissory note and of this Mortgaye; then this 1Nortgage and the 6ate hereby nested sMll oe~se and be mrll and void.
` tT IS UNOERSTOOD that the word "AAortpa~or' whether i~ the singular or plvnl snywlKre in this Morty~pe, shsll be sinqulu if on~ only and
£ shall be plural jointy a~d severally if mors tl?~n one, and that ti+e word "their' as ufed snywhero in tha AAorty+pe shsll b~ aken w mean "his,"'7~srs," ~
j or ••its:' wharever the conte~t so implies o~ sdmits. Also, that wherever fbere a a nference in t!» cava?u~b and spreemena hersin oont~incd to any of ~
~ rhe puties hereto, ~he same shsll be conitrued to me+n u vrell ss the hein, kQal represenativp, waesson ~nd assiprw (either volum~ry by ~ct of th~ a
i panies or imdumuy by operstion of the law) of the same ~nd that tF~e covenants hercin oonaincd ~hsll bend and the be+~efits and advsnta9es irwn
! ro the respecrivs hein, leyal representitires, wccesson snd au~yra of tM parties hereto.
e W
~ Md said INortgapors, fw themselves ar+d their hein, kgsl represenutivd, succes~on u~d assqro, hsreby jointly and sever~lly ooverynt and apree .~q ~
~ to and with tl,e said MORTGAGEE, in successws ~nd auiyns: ~ ~
1. To pay all ~nd ix~gula~ tt+e pri~dp~l and interest and the vsriwn and wndry swns of moner paYabl~ by virtve of said promisaory note, and Nwt ~
~s~• e~Y, w~ah p+ t!r dsys respecYrvely the ssme severally becan~ due. l.,~
Z To pay all snd sirgvln tM t~xes, ss~essmenb, levies. lisbilities, oblipatiwis and encvmtxances of every rMhx~ and kind now oo said dau~d ~
Prop~fY, or that I+ereafla msy b~ impwed, wffaed. P~aoed, levied, or awsssd tt~~a+, a that hers~far may b~ kvied a asesssd upon N~is 1Morp~ x
a~, w the indebtedness secwed hereby, sxh and ~wry, when due and psY+bk. +aadinp to law, befon they become del'w~que% ~+d befo.~ anp ~°C°p
atf~ches w arryr penalty is incwred; ANO INSOFAR AS ANY THEREOf IS Of RKORD THE 5/1ME SHAIt 6E PROMPTLY SATISFIEO AND Dt5CF1ARGE0 Of om
RKORD AND THE ORIGINAL OFFICIAI OOCUMENT (Sl/CH /l5, fOR INSiANCF, 1HE TAX AKEIVT OR THE SATISFACTtON PAPER OffICIAItY ENDORSED
OR CERTlf1ED) SHAII dE PIACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the werM tIW ~ny tF~eof is ~w1
paid, sat:sfied ~nd discharyed sa:d MORTGAGEE may at any t~me p~y the swne a any p+rt thereoi withow waiv~ny or ~ffectirg any option, lien ~quity or
•~pf?t ueder or bp virrus of M?is morr9aye and the full ~mount of e+c~+ .~d .~.r wch v+y~m si,.n be ~+edw~e~y d~e a~d pa~.bie .~d sh.u b.a. ~+ra.s+
hom ~he date rhereof until pa~d at rate of n~~e pe. cenrwn pe~ ~nnwn ~~d a~peth~r w:th wch imerat shall be secwsd by tfw lien of th:s ma9qpt.