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?HIS INDENTURE. Mad~ tfu~ 9th ~y of ~y - A-~• ~9'~" b~~~
Donald J. Lacher and Jo~~hin• : Lacher
of St • LuCi~ Co~rn~y FI«ida, here~na(~r i'Q'~'~ ?s~ ~~M "MORTGAGOR;' and FIRST fEDERAI SAJINGS AND LOAN
ASSOCIATION OF FORT PIERCE. • aapaation orp~nized and ~xistinp ~ l~N Isw~o~M •Unita~ _Sut~s of Ame~k~ +nd Mvinp its printip~l pl~a of
businqs in tM City of Fort PiKa. St. luci~ Counry, florid~. herein~iter dtiiq~ated ~s tM'"N10RTG7?GEE:'
17 O0 a~d I~wful mor+ey of Iiw Un~Ted
WHEREAS tM MORTGAGOR is justly iixlebted to th~ MORTGACsEE in tM ium of S.. ~ • Q°Od
Srate~ advanced by the MORTGAGEE unto the MORTGAGOR, ai evidenced by a cert+i~ promissorY note of even date Mr~with, of which tM fdlowinp in
words and fip~res is a t~w copY, to-wit: ~ 1~2~$67
17,500.00
s ~Y g is 74
Fwt Pfuc~. fbrid+.
Fw value received, 1, we ot either of us, p~om~se 1o pay, without defalcat~oe. to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIA710N OF
FORT PIERCE at Fort Pierce, Fbrids, the sum of Y 17.5~~l~ w~ih inte~est from date at the rate of ~a~.~6 W? i^ ^w^~hly i~stalb
~„z~n as io?tows: ilbl.~ - a^ ~~ZOth d~y of 'T~l~l@ , 19~_ snd a like sum on the cwrespondinp d+Y of each month therr
.
aiter until the whole be fully paid. '
Each installment iirst shall be +pplied in paY^nent of the interest and then on the unpaid b~lance of the prindpal wm. If deiault is m+d~ in 1M
pa,rment of any instaltment when due, and such dtfault continues 30 days, ther+ at the option of the holde?, and without any other notite, all the remaining
~nsraltments shall be dw and payable at once. Privilege it give~ to prep+y this note in who1~ or in part at any time without penslty. Neither forsbear~ntt,
nor acceptance by the holder thereof aiter a~y default in any paymints hereon, shall be deemed extensia?. A late payment thsrgs of ~ 8~ O5 s~?~~~ be
added to each installmenf remaining unpa~d 7 days ~fter iri due date, and s like sum shall be addrd to each such installment remaining unpaid 7 days aNK
each succeeding paymen~ date.
Each msker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and ratice of prote~t fw nonpay~nent, and funhN
agrees to any extens~on of time of paymenL eitt+er brfore w after maturity, without ~ot~ce to any of us; aod to pay all costs of collection, includi~y a
reasonable attwney's fee ~n the event of any default hereunder, and hereby severally waives all benefit of homestead and eaemplion under the cautifution
and laws of each State of 1he United States, as against this obligation o~ any eztension or renewal hereof.
Witneu the ha~d and seal of each party. g~~pnala ~J. Laeher
lSFJ?q
i5c%~Lj
s/Josephine A. Lacher ~
lSE~W
~ S 26 • s S ) State Revenue
;srern~ ew~celkds~~isuwbwo~e) 17 ~ 500.00
NOW, THEREFORE, the MORTGAGOR for fhe purpose of securing payme~t of said sum of S . ~nd ihe performsnu of fhe
covennnts and ag~ee+nenb hereir?after expressed, and for divers good and vatuabte consideratioe?s, by these presents, does 9~a^t, bary~in, sell, remise,
release, convey and c firm unto thq MORTGAGEE, its tuccessors and auig~s, all that certsin lot, piete or parce~ of I~rd, situate, lyiny, ~nd beirg in 1hs
~t • T+11C1Q and Slate of flwida, desaibed ~s follows:
County of
I.ot 12, St[BRt~OD ACRBS IAYIT ONB, according to the plat thereof on file in Plat
Book 14, Page 43, Public R¢cords of St. Lucie County, Florida.
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C' I N TAN61BiF PEA9pNA!
a+ o PURSlJN(i TO CWIrTER Il.l y,
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*~ether with atl and singular the tenements, hereditaments and appurtances thereunto belongin9 0? in +nyvrise appert~Mirg the~eto, ~nd al) rents, issws,
c~oceeds snd profits accruing and to accrue from said premixs, all of which sre included in the ~bovt aed farepoin0 desc?iption and I+~beodum.
TO HAVE AN~ TO HOID fhe above desvibed and granted premises unto the said MORTGAGEE, its successon +~d ~ssig^s faew~. ~d 1~ s~~d
uORTGAGOR for - theiY heirs, exec~tors, administratas and asigns, hereby coven~nb with the said MORTGAGEE, ib svcceswn +nd
they aYe y ~ t~a^ •n ~»ro '~a 'nann'
rhat - lawfufl se~zed of the ssid em~ses in fee iunple; that tM same ~r~ free, ckar and diul~aryed
trances in law or in equiry, and that they w~~~ a~ thelr Froirs sh~ll wutanf and dafend 1M tifk 1o the s+mt to flk s~fd
'1,ORTGAGEE, its succeuors and auigns, forever against Ihe lawful claims and derr?ands of all penons:
~ PROVIDED, AlW4Y5 thst if fhe MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefw~ deuribed and sh~ll mrly, promptlY
and fully perfwm, diuhsrge, execute, comp~ete, comply with and abide by esch snd every tFie sfipul~tioro, apreernenri, conditions and coven~nri of said,
~-om~ssory note ~nd of this Mortgage, then this Mortgsge and the Estate hereby aeated shall tease and be rwll and vad•
IT IS UNDERSTOOD that the wwd "Mortgsgor" whether i~ tFx singular w plwsl anywhere in this Matgaye. shall be sinyular if on~ only and ~G
shatl be plurel jointfy snd severally if more than one, and that tFx wwd "their" as vsed snywhere in thi~ Mort~+pe ihall be t~kere to mean •'his•• •'h~n•• .o
cr "its;' whe?ever the ca+text w implies w admits. Alw, that whereva there is a referenu in tF~e covensnn and apreemenb herein contained ro~ny of q~
rhe parties hereto, the ssme shsll be co~strued ro mean as well ss the heirs, ley+l r~presentatives, s~aessors a~d +uip^s (eithe? vduntary by ~ct of tht
partiet w involuntary by operation of the lsw) of the ssme and that *he coven+nn he.ein conrained sh+t1 biod .nd rl» benefin and adv.~r.p.s inw• s~T~
rc the respective he'us, leyal representatives, successors and au'gns of the parties !?ereto.
And said Mortgsgws, for themselves and their hein, leg+l represenqtives, waesfo?s and suip^s, hereby joiMly ~nd ~everally coven+M and +pr~e ~
~o and with the ~sid N~ORTGAGEE, irs tuccesso+s ~nd +ssi9nsc
1. To pay dl and singulsr the principsl ard interest ~nd the wrian and wndry sums of mo~ey paYsble by virtue of said promissory note. ~nd tha ~
mo?tgage, each and every, promptly oe the days respectively ths ssme xverally becane dva w
2. To pay sll ~nd singulu tt+e tsxes, aasesunenn, levies, lisbilifies, oblig+Yiom sed enahnbranus of wery n+tv?e ~nd kind now o~ s+id d~+Q~d
property, or tMt hereafter msy be imposed, wffered, placed, levied, or +ssessed thereon. o~ that hsre~Na map b~ levied or a~sessad upa~ Mis Maq'
age, a the indebtedneu aecvred hereby each and every, wh~n due snd psy~bk, aawdirg ro law, before they becan~ d~linq~eint, and befon ~rq? k~tKest
a+raches or +rry penalty is incurrcd; AND fNSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHALL 6E PROMPTIY SATISFIED AND DISCHARGED OF
RECORD AND THE OftIGJNAI OffICIAI OOCUMEN7 (SUCH A5, FOR INSTANCE, THE TAX RECEIPt OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN TNE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS Nf%T AFiER PAYMENT; snd in the event that aoy theteof it not
paid, sat'sfied snd discharged sa:d MORTGAGEE msy at any time pay the same w any part thereof without wsivirg or affecti~g any opt'an. IiM, eqvity ot
•~qhr under or by v~rtue of this rw?tgage snd the full amount of esch and every such payment shall be imnediately due and payab{e and shall bear interes~
rh~ das.. nc~-eor :;n~~~ ea d a+ rafe oI nine per centum per annum and togelher with svch iete~est sM'I be secu~ed by the tien of th s morgrage.
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