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TNIS INDENTURE, M+d~ the 24th day of ~ '~~e \ ~?-0. 19.1~, betw~en
C. Duane Mav ~n_d Susan H t~,1a ~_t .
- "'Ty~,~-ih~'7 .
of St• LIIC~~ Co~nty florida, h~rQin~f~ar d~ign~ied as th~ 'MORT(;AOOR;' +nd FIRST FEOERAL SAVINGS AND IOAN
ASSOCIATION OF faRT PIERCE, a corpa~tion ap~ni:ed snd ~xiitinp unda 1M' lar?y of Ihe U~it~d St~~~s of M+eriu and Mvir+p iti pri~cipal plac~ of
bus~nets in 1M Ciry of Fort Pierc~, 51. lucie County, Flpid~. Frreinatt~r d~+~y~+ted ~s th~ "MORTGAGEE.''
WHEREAS tF?~ MORTGAGOR is justly indebted fo ~he MORTGAGEE in the sum of s~~~~~~ good and lewful money oi the Un~~ed
S~ates advanced by the MORTGhGEE unto the MORTGAGOR, as evidenced by • ce~lsi~ promissory not~ of even dste herewith, of wh~ch tM (oliowinp in
words and figures is a uue copy, towit: '
s ~rj ~ppp. pp n~o 10020952 ;
forf Pieres. Flaida. J~ @ 24 ~ 9 74
Fw value reteived, 1, we w either of vs, promisa to pay, wilhout defatcatio~, to ~he order of FIRST FEQERAI SAVINGS AND IOAP! ASSOC~ATION OF
r ORT PIERCE at Fo~t Plerce, Flwids, the sum of s_ ~ LD-~` ~ wnh inre~est irom date tl the rala of9~ 5 96 p~r snr.um, in monthly instsl6
._~,~s as follows: j4~•~~ o~ ihe 2~h day of A~~t 19 7a and • like sum on the cwrespa~ding day of each mo~th therr
a~~cr until the whole be fully paid.
Each installment first shall be appl~ed in payment of ~he in+erest and then on the unpaid batance of the princ+pal sum. If detsult is made in ti?e
F a ~~nent of a~y installment when due, a~d au:h default tontinues 30 days, thsn at tF~e option of the holdei, snd withou~ any other ~o!ice, all the remaining
;~,s~allments shall be due and payable at once. Privilefle is given to prepay this no~e in whole or t~ pa?1 at ~ny time without penalfy. Neithet faebeara+xe,
nor accepmnce by the holde~ thereof after any dafault in any payments hereon, shall be deemed extension. A late payment charge of s~' ~ sha~~ be
a~ided to rach installmen? remaining unpa~d 7 days af~er its due date, and e like sum shall be added to each such installment remainirg unpaid 7 days after
each svtteeding paYment date. f
Each maker, surety and endorse~ hereof, jointly and severally, waivrs drmand, presentment protcst and rtotite of protest fw nor.payment, and further
~gieea to any extension of time of payrt+ent, either before or after matur~ty, withovl not~ce to any of us; a~d to pay all tosts of collectio~, includiny a
<<•.,sonabte attwney's fee i~ the event of any defauft hereu~der, and hereby ie~eratly waives atl benefit of homestead snd exemption under the cot~stitution
a•~d laws of each S~ate of the United Stales, as aga~nat tnis oblgation or anY extension or renewal hereof.
Witoess tix hand and xal of each party.
(SEAU
s C. Duane May cs~?u
~ ~ tsEwu
s usan H. y
1 State Revenue'
iSrrwp~ ~~l11Ed ~w i~igirrLwOb)
NOW, THEREFORE, the MORTGAGOR fot the purpou of securing payment of said svm of ~ and tl+e performanca of the
covenants and agreeme~ts hereinafter e~cpressed, and fw divers good and vsluable cons~derations, by thest present~, doss g~ant, baryai~, sell, remise,
ret:ase, convey and confirm unto the IAORTGAGEE, its succeuors a~d augns, eIl that certain lol, piece w pucel of land, situate, lyinq, and being in 1he
Counry of St. Lucie and State of Fbrida, desu~bed ss follaws:
Lot 2, Slock 172, 90UTH AORT S7. WCIB, UNIT il, as per plat theYeof on file f
in Plat Book 15, Page 15, of the public records of St. Lucie County, Florida,
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~ a . R~~ IN PAYMENT OF TI~
~ pUE pN ~tASS ~C' INTAltGIBLE PE iS0?::SL PROPER~'f~
pURSl1ANT TO Ct1APtE~t 71-134. ACTS OF 1911,yy>f
ppCER POITRAS
~kER1I ClRCUIT OOURT, ST. UICE 00, FiJ1~ -
:cgether with all and singular the tenementt, hereditaments snd appurtances thereunto belonqing or in ~nywise +pperl+ininp thereto, and atl ree~ts, iuws,
croceeds and profiq stcruing and to sccrue from said premixs, all of which ue intluded in the above snd fore~anp description snd hsbendum.
TO HAVE AND TO FJOtD the above deuribcd and granted premises unto the said MORTGAGEE, ib successors snd assiyro fwever. And tM s~id
!.50RTGAGOR fw theiz ~~~s, executws, administrotws and assigns, hereby covenanb with ths aaid MORTGAGEE, iri suttessors and ~tsipns..
rhae thev are_ ~a,~r,,,,y u;:~d of ~he wid premises in fee simpfe: tMt the same free, ckar and dischsrged from all liem and N+cum-
~ ~.~ances in law o~ in equity, and that they wilf snd their {~;n ~11 wsrrsnt sed defend the title to the ssme fo the said
~ .'.GRTGAGEE, its successors and eugns, fwever sgainst the lawful tlaims and demands of sll per~ons;
~v PROVIDE~, AlWAYS that if 1he MORTGAGOR shall pay unto the MORTGAGEE the promisiory nots herei~befwe described u~d sh+ll truly, promptlY
~ a~:d fully perform, d~xharge, execute, complete, comp~y with •nd abKk by each and every the stipul~tions, sgreements, condit'wro ~nd covenanri of said
c~ornissory note and of this Mortgage, thcn this Mortgagc and the Estate hereby ueated shall ceasa ~+d b~ null and vo~d• a+C7
~ IT IS UNDERSTa70D thst the word "Mo~tgsgor" whether in the singular w plurs) anywher~ in this Mortg~ye, sh~ll b~ singulu if a+e only and ~a0
~ shall be p~ural joiMly •nd severaliy if mwe than one, and that the word "their" as ~sed ~nywhere in this Mortyage shall be NkM to me~n "his;' "hers,"
cr "its;' wherever the context w implies w admits. Also, thst wherever there is s refe?ence in the tovenanb +nd ay~eements herein contained to a~y of
~ne psrties hereto, fhe same shall be construed to mean as well af the heirs, kgsl rtpresentatives, successors snd ~ssigm (either voluntsry by ~cf of the ;
parfiet or involuntary by operetion of the law) of the s~me snd that the covenants herein contained shsll birtd and tF+e benefiri and ~drantagp inun .
ro the respective heirs, tegal representatives, auccesson snd au~grn o~ the puties he?eto. ~
And said Mwtgagon, fw tF+emxlves snd their hein, 1e9a1 reprexNStivd, succeuort and usiyns, hereby jointly and stverally covsnant ~nd apnt ~ ?
ro and with the wid MORTGAGEE, its tvccessors ~nd auigm: #
1. To pay all a~d singvlu tFK principal and inte~est snd the various and sundry sums of money payable by virtue of said promissory ~ote, ~nd this ~
mongage, each arxl every, p~omptly on fhe days respectively fhe s~me severally become due.
~ 2. To pay all ~nd ~ingula~ tFro taxes. sssesunenri, levies, liabilities, obligations snd enc~mbunces of every rtature and kind now on said desaib~d '
- property, p tMt hereafter m~y be imposed, suffered, plated, kvied, or ~ssesud therwn, a th~f hereafttr may be kv'~ed ot +uessed uPon this Mwt¢
age, w the indebtedneu secured F~ereby, each +nd evcry, when dve and payable, aaordirg to law, before they becane detinquent, and befon u~y inter~st
arreches w sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD iHE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGEO OF
~:ECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERi1F1ED) SHAII 8E PIAGED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and 'en the event ihat any thereof is noi
o~~d, sst"sfied and diuharged sa:d IAORTGAGEE may at any time pay the same w+ny part lhertof without wsivinp or effectinp sny option, lien, eq~ify a
•,ahr unde. o~ by virtue of this morrgage and the full amount of each and every such payment shall be immediate~y due and psyable s~d shall bear intwd+
iro-*~ !hP da~c ~hxeof vnr;i ca d a~ rate of ni~e per centum per annvm a~d togdher with such interest shall be secured by the lien of th s mo~gtage.
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