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IHIS INDENTURE. Mada the_4Lh day uf __A_~Y11 ~ A.D. 19~.?S between
_!G. B_Walters _and_Alliece_W~lters. hiy~yife ~
o{ St +~11~'r le County Flor~da, hare~nafrtr dta~~~~:~~~~:1 as tr~ "~ORTG~G~1ji"~ dnd F~RST FE~fRAI SAVINGS AND LOAN
ASSOUATION OF FORI PIERGE, a corpora~;on organized s~d exip~ng ~nde~ rne o~~ ~ted at i of ~unetiu snd h-~ving itt prinNFa~ P~~c~ uf
busmess Io the City of Por1 Pierce, St. lucie Co~nty, Florida, I:e~einaitar dasignatrd a~ ti~e "MOKiGAGEE:' - i
WHEREAS the MORTGAGQR is ~vstly indebted to 1he h10RTGAGEE in thr s~n ot S- 9~ 2~0. ~Q =,-~`'ood and lawful money of the Un~ted
;+.ues ad:anced by the /.!JRiGAGEE ur,re ~he !dOkiGF.GUR, as e.idenc<d by e_e~i,:~ promissory note oF eve~ t~ate herewith, of wh:ch Ihe =_.:~.viny in
.,_rds and feyures i~ a!rue copy, to~~r:
s_ 9~ 200 ^00 • No_ 10021261 _
Fort Pierco, Florida, APr i 1 4~ ~q75
For vaiue received, 1, ~n:• or c~thrr ot ::s c'~e'~~~so to g~~Y. w~thour ~lefa?c,t~:•i, u th•~ crtier of FidST FC~ERAL SAVINGS AND lOAN ASSOCIATION OF
:T PiE2CE at Fort P~e~ca iior:.?a, f!~.- s.:,n : i 5 9i 200•00' sr ;rom c~a:e at ~ha ratr of 8!?So per annum, in monthly instalt-
. - - - - .
rs as !o~':..vs: S.- ~~!DO on the~~th_ oey c{ ___Jul1! 19 75_ and a like sum on tl~e corresponding day of each month Ihere-
unt~I 1hr .vho:e Ue futly paid. ~ `
Each ~nsta:L•nent firsl sha11 br a~>p~:ed in pay:~~ent of ~he t:,•ar•>st and tE.en ~•ny a:d balance of ths prine'pal sum. If de(aulf is made in ths f
~enr of an~ i~~s+a~,men+ when dve, o~:d sv:h d~-±~~ur coro:nvcs 30 days, then at ~nc up~:~~n of tne hotder, and without any other no~ice, aU the remaining ~
~.~:~o!!ments shaH Le due and p.~yabir at onc~~. P~~~u~•~e is giv..•n to prepey th~s noie ~n who3e or i~ part at any t~ma wi~hout penalty. Neither forebearance, a
- acceptance by the F.e!rier thrreof afrrr any de`av;t in any pav~~~ents her~o~, sh~l~ be ~cemed extension. A late payment tharge of S_~i~~, ihall be ~
~_J to e~ch ~r•s*a~imert +emaininy ur.~~a:d 7 da;a aiter i?s dve da•e, ar.d a',...e s. sl,a;~ :,e addad to each such installment remaiaing unpaid 7 days afhr -
i
succezding pa~n:enr date.
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Each maker, u~rery ar.d Cn(IU:SPn c~reo!, ;:in! y and sevetal(y, wa~ves de.::ar,d, pr~sentmem protesf and nm~ce of p~otest for nonpayment, and funFur ~
to any ea!ens:or. of t::~~r :;t p.n;~ne-~~, b.iore o~ afier .rat~~iry, wiri~,:,n ~.or:cr ro any of ~s; and to pay all cests of collection, indud~ng a
~.•~aL:e attorr.ey's fee +-t the e•.er.; ef .•ny .,~~'a~,i 't~ereunde~. ar,d GGiC~Jf s:.• •zlly .+a~:rs all bencfit of homestcad and exemption under tFx con~litution
~'~.vs of r.ch Jraie cf rhe Un.ted S'a•~s, as ay..:r.st ~his obi~yat~u~ o.• a~:y r<•_:~v~.;r i.r rener.al hereof.
Y~itness ~he han;1 and seat cf ea:i~ ~:~riv
S~ G. B. tvalters (SEqu
(SEAI)
~ S/ Alliece Waltezs cseAU
~13 . 80 _ } State krven~e (S~u i
?C~GX~X7E~f.2~1f~~6XX~.KK7fo1GK
NO:Y, THEREF::2E, the M.G2jGl+.~~,,R fe~ ~he cur_:ose o1 secv~+~g pa~m--~+ a{ sa:d sum o~ a 9,200.~0 snd the performance of the
-~~nta and agreer!:ir.ts t:e~e~~:efver eApressed, a~.d (o~ ti~vers gxd a^~d ~a~:,al•Iz cc~~s:~erahons, by these presents, does groM, bargain, setl, remise,
s_, convey ar.•i cunf~rrn i~nie t%~e :l!Oki:;%,GEE, ~fs svccesscr: and a:s:gr,s: ati rt.as ce:tein lot, piece or parcel of land, siwate, lying, and being in 1hs
_o.nry of _____St ~.UCle and Srate of F'cr'da, desct~bcd as follows: {
Lot 8, Block 1, MERKLIN SUBDIVISION, as per plat thereof on file in Plat
2
Book 9, page 39 of the public records of St. Lucie County, Florida :
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C~.M~EY`~~~~ ' ~s
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~ ` IN PAYMENT OF TAKf,Z
~ ~y ~ ~ ea „ RECEIYED ~
t 3 c pUE ON CtpSS'C INTAN61BlE PERSGPUIL PPO~~'it1'/~
~ pNR;XIAMT TO CFIAPTER 71•134, ACTS QF 19I1. ~
~ ~ ` ~ ' (106ER PORRA,4 ~ ~
~ qERK CIRd1R OOUIti, ST. tUClE 00~ Fl~, . -
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~e+~er wi~h a!1 and sfng~lar the tenements, hered~+aments and appu:tar.ces thereu~to belonging d i~ snywise appertaining thereto, and all rentf, issuas,
-ceads and profits aaru~ng and to accrue from said premises, all of which a.e included in the sbove and foregang deuriptioo and hsbendum. ~
TO HAVE AND TO ltOlD the above descr~bed and granted premises unto the said MORTGAGEE, itt suc~essors a~d asigns forever. And ths sald
~ ;^,RTGAGOR for - thelr heirs, e~ecutors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its successws and ~stipM,
~ ~ZE---
~ tawfuiiy se~zed of the said prem~ses in fce simple; that the same are frce, dear and dixharged from all liens ~od encum~
-ares in law or in equ~ty, and that_~1P_}1-- w~~l and tFto i r hein shall warrant and defend the title to the ssme to the s~id
'~~TGAGEE, its s~ccessors and ass~gns, forever against the Iawfu! ctaims and demands of all persons;
PROVIDED, ALWkYS that if the MOR7GAGOR shall pay unto the /tiAORTGAGEE the promissory note hereinbefore dexribed and shal) truly, promptly
~ fu:i~ perforrn, dascharge, exewte, comp~ete, comp~y with and abide by each and every the stipulations, agreernents, conditions and tovenanfi of said
` „ssory note and of thie Mortgage, the~ this Nlortgage artd the Estate hereby created shall ceax and be null and void. op
~ IT IS UNDERSi00D that the word "Mortgagor" whether in the singuiar or plural anywhe~e in this Mortgage, shall be singular if one only and
' be pfwal jo~nily and severally if more than or,e, and that the vvord '9he~r" as used anywhere in this Mortgage shall be taken to mesn "his;' "hen," i
~ ~fs," v:nerever !he context so tmp'ies or admits. Also, that whe.ever there is a reference in the covenants and sgreements herein contained to any of
~ parties hereto, the same shafl.be construed to mean as well as the hei+s, legat representatives, successws and assgns (either voluntsry by ~tf of iM
~ es or invofuntary by operation of the lawl of the same and that the covenants herein contained shall bind and the benefiq and adwntayes inur~
~ ~+~.e respective heirs, iegal representat~ves, successors and asrgns of the parties hereto.
~ And said Mortgago~s, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally toJenant and aprae ~
~ +o and with the uid MORTGAGEE, its successws and assigns:
1. To a all and sin ular the r~r.ci al and interest and the various and sundr sums of morx a able b virtue of uid romiss note, snd thi~
P Y 9 P~ P Y Y PY Y P aY ;
-~.rgage, eath and every, prompqy on the days respeUively the same severally become due. i~
2. To pay all snd singular 1he taxes, assesunents, levies, ~iabitities, obligations and encumbr~ntes of every n~ture and kind now on s+id destribed ~
croperty, w that hereafter may be imposed, suffered, plated, levied, or assessed thereon, w that hereafter may be levied or assessed upon this Morf¢
3gA, or the indebtedness secured hereby, each and every, when due and payable, according to Iaw, befwe they become delinqueM, ~nd before any intereft
•~c~es or any penalty is incurred; AND INSOFAR AS AtvY THEREOf IS OF RECORD TNE SAME SHAII BE PROMPTLY SATISFIED ANO DISCHARGED OF
=_:_ORD AND THE ORIGINAL OFFKIAI DOCUMCNT fSUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED i
(!R CERiIFIED) SHAII BE PIACED IN 1HE HANDS OF SAIU MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event that any thereof if r?ot ~
d, saYsfied and discharged sa`d MORT(iAGEE may at any t~me pay the same or any part thereof without waiving or af(etting any option, lien, equify w
•~qhr vnder or by virt~e of this mortgage and the full amo~nt of eath and e+ery such paymenf shall be immediately due and payable and shall bea? inte~eft
~~n~ -ia~e +t•~.rc~ ~are of n~~e per ce~tum per annum ar.d toge+her w~th such interest shall be sewred by tne ~~en of ~h s~:orgraqe
.,,w,~-' s...;'~,y....~~"~.,. ~ _ - . . . ~~'~"s%4~a`~~:.
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