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TH~S INDENiURE, AAad~ ~he 25th d~y of March A.D. 19 75 between
Altred 1.. ?est and Gwendol n Test his wife AND
Jiamy C. G~11 and Margaletts 11, h s~rife !
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of St. 1.uC~$ __r Counfy flodda, hero~naf~er de~~9:~eted as the "MORTGAGOR," and fIRS~ FE~ERA~ SAVlNGS AN~ IOAN
ASSOCIATION Of PORT PIERCE, ~ miporat~on aga~ized •nd eaistirg ~nda ?he laws o1 the Un~ted S~at~s of America and havirp its principal pl~u of
butmeu in tMs City of Fort Pierte, 51. lutie Covnty, Flotida, hereinaher designated as the "MORIGAGEE:'
WHEREAS the MORTGAGOR is juuly iedeb~ed lo tne MORTGAGEE i~ the au:~• ul S- 24~0~•~ g~d and Isw(ul money ot 1he Un]tcd ~
S'atea adwnced by the MORTGAGEE unto the trOkTi,AGOR, as ev~d.:nced by a cerra;n promissory neie oi even date hrrowith, of wh;ch the iollowir~ in ~
.:erds and figures ia a ~rua copy, to-..•~r. 1~Q21~235 i
s 2 4, 000.00 r.~o
Fort Pierce, Flwids, March 25 1975 ~
.
Fw valve received, 1, v~e cr cither of vs. ~,om~sr tu pay, w~thout defa:cat:on, to ~hr order of FIRS~ FEDERAL SAVINGS AND LOAN ASSOCIATION OF i
~_iRT PIERCE at fort P~arce, F;o~~de, ~he wm c( 3~'4a~0~W K:1I~ v:.f~(ESI !r~m date at the rote of _.Q.aQ'o pe~ snnum, io morohly ins1a11-
216.00 20th: May 75
aa fo!!ov:s: S-. cr 'h° a~y cf 19 and a like sum o~ the correspond~ng day of eech month there-
~•tcr vM~l Ihe who!e be lvlty paid. ~
Each ins~a~lmrm fint aha? be appi;•~d in paym~nf o( the irnrr.-ii and tt~e~~ on fhe unpa~d batance oi the pr~nupal sum. If deiault is made in the
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;relimeMS shail tx~ d:,e and payab;e ..1 once. P:iv~lege is y~r~n to prepay this note ~n whoie or in part at any time without penalty. Neithe~ forebearante,
acceptante by the ho~dw the.eof atrrr any dcfavN in any ~,aYmr~irs hereon, sh~U be dremed e¦tensicn. A lare payment tharge of j__1~~~ shall be
...i~ J to eech init~l:rr,cnt remaining unpa:d 7 ders after its dva Jate, anJ a 1~,.e sw~~ s't,a;l be addrJ to eaeh such insrallment ~emaining unpaid 7 dayt a(ter
••s;h succeed~ng paymen+ dy?e. '
Eath maker, surety and endorser h~rcuf, ~ointly ~nd srveraliy, .na~ves :iern,~r,c3. prraentment protest and no~~ce of protest ~or nonpayrnent, and further {
,~-aes to any extenz~on of ~~~ne of pay:,ieo+, ~m er b:`ore or aiter matwity, witl ov' nor~~e to any of us; and to pay all costs of colletlion, including a ~
~~s:nabte attorr,ey's iee ~n the evcnr an, dc:~u:t i:ere~~~der. acid t,erc•b~ s:.e~a:~v wai~es atl benefit of homestead and ezemption under the conatitui'ron
_'aws of each S~ate of !he ti:~~red 5)efes. .;s ayai~,st th~s ob~~_vion or a~y et'•_..scn ar renewal hereof.
witness tne nand and sea~ oi eacr ~.~~T~. s/Alfred L. 'r@St
t • - t . ~ . (SEAU
' s G~rendolyn Test
s/J imm C. G i 11 ~Ai~ ;
s Margalette Gill ~ ~
a State Rerencp
,
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24 000 00 '
NO:Y, TNEREfORE, the MORTGAisOR fw the ~,~~pc.se of sNcu~ing payment of said wm of S • • , a~d the performance of ths
co,enants r.nd agreements herelnaiter expressed, a~~d for d:vers good er.d va~~aLie co~s+d_rat~ons, by these presents, does grant, bsrgain, sell, remise,
_~se, convey and confiTm unto the M.ORTGAGEE, i!s wccessors and assigre, ali ti~at ceriain lot, pieu w parcel of land, situate, lyir~, and being In the
St. Lucie
. c.,~ty of and State of F~orida, drsr~bed ~s foll
?Ua- /
Lot 7, Block l, WAGNER SIBDIVISION, as per plat thereof on file in Plat }
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[~ook 9, page 74, Public Records of St. Lucie County, Rlorida,~ ~
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~ pRqIR~ER /bn~ ~ 19)1, ~ {
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~ ~:.e~her wifh all and singu!at the tenements, hered~taments and appurtances thereunto belonging or in anywife appertaining thNeto, ~nd all rents, issues, ~
x , cceeds and profits atcrumg and to atcrue 4rom sa~d premises, all of which aro included in the above and foregoing dewipYwn and habendum. a
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~ TO HAVE AND TO HOLD the abo~e described and graMed premius unta the said MORTGAGEE, its successon and auigns fwever. And tF~s said ~
~ : ~ ZTGAGOR for heirs, eaecutors, adm~~iitraton and asiigns, hereby covenanfs with the ssid MORTGAGEE, it~ auccessws ~nd aYiynf,
~ the are :
r~a! - -y lawfully se~zed of the said prem~ses in fee simple; that the same are free, dear ar+d diuharged from ~II liens and ~ntwo-
~ :-an~es in !aw or in equity, and that_t~-- will and their heirs shali wurant and defend fhe tiNe to the same to the said ~
~ :.OCTGAGEE, irs svccessors and ass]gns, fo~ever against the lawful daims ard demands of all perso~s; ~
PROVIDED, ALWAYS that if the MORiGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed ~nd shall truly, promptly
fuliy perform, d~scharge, exewte, complete, comply wirh and ab:de by each and every the stipulations, agreements, conditio~s and covenaMS of said
.^uswy note and oI this Mortgage, then this Mcrtgage and the Esfate hereby created shall teau and be null and void.
'r; IT IS UNDERSTOOD that fhe word "Mor!gagor" whether in the s~ngufar or plura) anywhere in this Morigsge, shall be singvlar if one only and
~ c~a" be pfural jcintly and severally if more then one, and that the word °the~r" as uud snywhere in this Mortgage shsll be Uken to mesn "his," "her~"
? . "i~s," wherever the contexr so implies or ad~n~ts. Also, that wherever there is a referente in the covenants and agreemmis herein contained fo ~oy of ~~y'~-"
•~e pa.ties hereto, the same shall be constrved to mean as well as the he~rs, legel represematives, successors and assigns (either volumsry by ed of the b7o
~ cr~r:es w involuntary by operation of the law) af the same and that the covenants herein tontained ~hall bind and tMe benefits and adwntages inun ~
~ the retpective heirs, legal representatives, successors and ass~gns of the part~es hereto.
~ And said Mortgagors, for themselves and their heirs, legal reprexntatives, successors and assig~s, hereby joinNy and severally coren~nt ~nd agret ` j~
o ana with the aaid MORTGAGEE, its successors snd assigns:
~ 1. To pay all and singular the prir~tipaf arxl inrerest and the various and sundry sums of money psyable by virtue of said promissory note, and thif ~
-cr!gage, each snd every, promptly on the days respettEvely the same severally becane due.
_ 2. To psy s~l and singular the ta~ces, assessments, levies, liabilities, obligations and encumbrances of every nature and kind raw on said destribed ~~1
~ c~openy, or that fiereafter msy be imposed, suffered, placcd, levied, a auessed thereon, w that hereafter may bt levied o~ a~se~sed upo~ this Mwt9-
age, o~ the indebtedness secured hereby, each and every, when due and p~yable, sccording to law, befwe they betome delinquent, and befwe +ny iMeresl ~
~ ~•~ecnes w any penalty is incurred; ANU INSOfAR AS ANY TNEREOF IS Of RKORD THE SAME SHAIt BE PRC)MPTtY SATISFIED ANO OISCHARGED Of
~:~"ORD AND THE ORIGIriAL OFNCtAI DOCUMENT ~SUCM AS, FOR INSTANCE, TNE TAX RECEIPT OR iHE SATISFACTION PAPER OfFICIAILY ENDORSFO
~n C:~ CERiIF~EO) SNAtI BE PLACED IN THE HANDS OF SAIU MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the eveM that any thereof if not
3'a d. sa~ sfied and discharged sa:d tlIORTGAGEE may at any hme pay the same or any part thereof without waiving or affecting any option, lien, equity o? ~
;,r vnder or by vi.toe of th~s mortgage a~d the full amovnt o~ each and every such paymero shall be immed~ately due and payabk ~nd shall ~ar iMerest
~ • ~ha da!e thP•eo~ i~a d a~ ~ate of nme per centvm per annum and together wnh suth interest shall be secwed by the litn o4 th:s morgtaqe.
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