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THIS INDENTURE. Made the__ 8th _ day of ApY31 A.~. 19?S^, betwee~
_ ___________Harold F. _2immerman and F~r~,~ce~s Mae 7.immermani his wife AND
Larry L. Zimmer_cn~n_~d Cara~4imioerm_a~,~ riig hrife
oi Ct ~ 1_ ics County Ffor~da, htrainafter desynared as the "MORiGAGOR," and FIRST FEDERAL SAVINvS AND IOAN
ASSOCIAT!ON OF fORT PIERCE, a corporahow org~ni:ed ar,d es~a~in9 under Ihe laws of ~he Un;1ed Statos of America and ha~infl it• p~incipal pl~te of
b~s~r.ess in tho City of Fort P:eice, Sr. tuc~e Cuvnty, Fiorida, hcrc~neiter drsiyr,ated as the "MORTGAGEE:'
WHEREAS the MQRTGAGQR h iustiy indebtrd to the h50RiGAGEE i~ the sum of S 32 9uod and lawful money oi the United
`+<,rez advanced by tha :1fi~RTGAGEE un~o rhe ~dOkIGA'vU,2, as e~~Jer~~•d by a cenain prom~sswy note o) even date }~erew~fh, of wh:ch the following in
..o•ds and tigures is a t:ve co~~~, 10021266
s 32. 800.00 No
Fort P~erce, Florida, A~ril 8 ~q7.s ~
.
For vt;ve rece~ved, 1, :.e or .:ithrr o! w, F•er.,r.~ to pay, H,•:}.ou~ dafal~ahon, To o~d.'r of iiRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
aT FI;FCE at fo~t P~.rcr, ~to~~:?o. Tne s::m o: S 32l8~•~~ ~r.;:!• ,::ter-,st hcm daie af the rate of __8s7+i6 pe~ annum, in mon~hly install-
270.00 20th Ma 75
~s a: t.,lio,~i. S - or: thr ~ei eF . 19 _ and a like sum on the correspo~ding day of each montb there-
unhl ti~e ~.til~oie cc fu'iy poid.
Each ;nsralbnen~ f„-st si~ail he ap,~ ~~d ~n pa,n~~•n• ~f the i:.,~:rest and tLr^ rn +he ~npa~d b~lance of the princ~pat sum. If da(eult is made in the
,..~~ent cf any :r;ra::mc;~t ht:en Jve, ~r;d wc~~ d~_'~ con?~;~:,cs 3~ da~s, ~heai at tnc oF.r~-~n ot the hoider, and witho~t any otnrr notice, all the remaining
,ra! r.;enrs sha11 be ci~~e ard patai,'e ~f oncc. Pr~vnrya is y:•..•r, to prepey this nc.re +n whde or ir. part at any t~ma without penalty. NaAher forebearance,
• acceprance bv !he m~+c!er t>~e-reot aft.•r a~v drtavlt in any ~+~y~~.ents hereon, sha'~ bo deemed extension. A Iate payment charge of S- 13!
~ shall be _
; d ro e.:ch ;:.s•a::~~:e•,! ~ „r:~,i d 7 da,s e:ier ~ts due ::a':•, and a!,•.c s~~~~ s~.::~1 !:e added to each such instai~ment ~emaining unpaid 7 days afte?
~ S~ttecdirtg oa~men~ ~~i.,'e.
Each maker, s~~rety ar,~ endorsrr hereaf, j~intiy a~:d s~•vcrai;y, ;:a~~es de:n:.:~c1, p:eiemment protest and r:otice of protest for nonpaymeM, and funher
. r•-s to any extens~~r of +i~ne of payment. ~ itF er t~fure c•r ~"t•_r m~~~n~rr. r.~tE, ~ut ne':c~ to any of ~s; a~~d to pay aH costs of coilection, including a
::,able arrom~~y's fee m ere even! oE ~~n; :1~~£~,:r ~u~c_+,_i_r :,nd F.ereb~ seve~c:iy ,vai.es all benef~t af homestead and exemption under the eonslitution
aa•s of =,,ch S~ste ct !he Un,t~d ~!,:.:s ~s s~ tt~.4 ob'~,:3,:~on or ~nr r,~:•,s;o~ or rencwal hereof.
7l~tness +he nend ond seal of ~~ch ~~a~f:.
s/Narold F. Zimmerman ~sEA~~
s/Rrances Mae Ziminerman ~,u
s/Larry L. Zimmerman (SEAU
s/C a ro 1 2 immerman ~s~
$ 49 .2~ , 1 Sra+e Rcven~e
x xxxc~c loc~xX
NO~', TMEREFL~Rf, rhe MORTGAvUR for !he ov:F,ose of sec~~~~a payrnP-+t of sa~d ~1m of s 32.8~~.~ and the performance of the
..-,ants and agree.::en+s herz~noi!er erpress~ a~~d 'or u~.ers gc:,d and va~uai.fc _o~s c'•~rat~ons, by these presents, does gra~t, bargain, seli, remise,
sr, convey ar.d ccni:rm unto tne ;:'.Ji±Iu~vEE, tt s~.c:casors a^d assigr,, t~~t cerTa~n fot, piete or parcel of Isnd, situate, lying, and being in the
,.,r vy of ^~_~L--~~_ and S,ate of Flor.da, aexr~bed ss follows:
Lot 1, Block 86, LAKEWOOD PARK, LAVIT 7, as per plat thereof on file in Plat I3ook
11, page 13, public records of St. Lucie County, Florida,/
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' pa~ ! ~lN PAY6AENT Uf 711XES
~ ~ i° J RECEIVE~ - PROPERiY. ~
g DUE ON CLASS'C INTAN61BlE rERS01W. ~
~~r To p+~vrER n-i~.. ~rs oF ien~`~j/
~ Rosoi ~St.mu~siuc~ co, fu?, '
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~ ;`'~er wrth all a•ed singu'ar the ter.emen!s, i~eredraments anu+ appurtances thereunto belonging or in anywise appertaining thereto, and all rents, issuli, ~
~~eds and ~;rofits acuu~ng a~d ~o accrue from said p~em~ses, all of wh~ch are included in the above snd foregoing desuiption and habsndum.
~ TO HAVE AND TO HOLD the above desc~hed and granted premises urto the said MORTGAGEE, its successors sod afsigns foreve?. And th~ said ~
t he i r g by covenants with the said MORTGAGEE, its svccessors and auip~s, j
~ . <T :A.GOR for - heirs, e.ec~rors, adm~n[stratcrs and assi ns, here
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~ th~_are ,aw;vlly se~:ed of ~he said prem~ses in 4ee simpte; that the ume are free, clear and dixharged from al! liens and encum-
~ ,~es ~n Iaw or in eGuit/, and tha!__ w~ll and thelT _ hein shall warraM and defend the tiNe to the same to the said
',PiGAGEE, its s~uesaers and ass~gns, forever aga!nst the !awful ciaims and demands of alf persons;
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~ PROVlDED, AL~1'AYS that if the MORTGAGOR ahall pay unto ?he MORTGAGEE the promissory note hareinbefwe dewibed and thall truly, promptly
j~~';Iy ~:erform. d~scharge. exec~te, co~np'ete, comply wrth and ao de by each and every the stipulafio~s, agreements, conditions •nd eovenants of said
- ssury note a~d cf this Mortgaqe, then tnis Nlortgaye and tFe Esrate hereby ueated shalt cease and be null and void.
a
!T IS UNOERSTOpp that the word "Mcrsgagor" whether in the s~ngular or p~ural anywhere in this Mortgsge, shall be singolar if one only and ;
~ ~ be piural ~o+ntiy end severally if more than one, and that the •uo~d "the~r" as used anywhere in this Mortgsge sha0 be taken to mean "his;' "hen," ~0 ~
~ • ~~s," w,herzver the context so ~mp;ies o~ admirs Plso, that wherever there +s a reference 7n the covenaots and agreements herein contained to any of O~~ ~
~ e;.erties hereto, the same shall oe ccnsrrued ~o rnern a~ well as the Fei!s, legaf representatives, successws and assigns (either volunNry by ~tl of the ~ 3
es or involuntary by operation of the lav.) of the same and that the covenants herein co~tained shall bind snd the benefits and advantayes invr~ ~
. rhe respective heirs, legal represenfat~res, successors and assgns of the p~rties hereto.
~ And said Mortgagors, for t},emselves and thrir heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant and ayree
o and with the said hiORTGAGEE, its successors and assigns:
~ L To pay all and singular the principal and interest and the variovs and sundry sums of money payable by virtue oi said promisswy note, and thi~ ~
~ ~•~gage, each end every, promptty o~ the days respectively the same severally become due.
2. To pay atl and singular the taxes, assessments, levies, liabitit~es, obligations and encumb~ances of every nature and kind now on said described ~
~
.-ope~ty, or that hereafter may be imposed, suflered, ptaced, levied, u euessed thereon, w that hereafter may be levied w asseued t?po~ fhis Mott9- ;
~ ~,e, or the indebtedness sc<ured hereby, each and every, when due and payabk, according to Isw, befwe they become delinqutnt, end before any interest ~
c~,es or any penaNy ~s ~~curred; AND INSOFAR AS ANY THiREOf IS OP RECORD THE SAME SHAtI SE PROMPTIY SATISFIED AND OISCNARGED OF ~
JRD AND 7HE ORIG!l~At OFFICIAI OOCUMENT 15UCH A5, FOR INSTANCE. THE TAX RECEIPT OR THE SATtSFALTION PAPER OfFICIALIY ENDORSED
CERTIFIED) SHAII BE PtA~ED 1N THE HANDS OF SAID MORTGAGEE WiTHIN TEN DAYS NcXT AFTER PAYMENI; and in the event that any thereof is not ~
. y i. sar sfied and discharged sa"d MORTGAGEE may at any tlme pay the same or a~y part thereof without waiving or affecting sny option, lim, equity ot
- under or bv virtve of rhis morfgage ar.d the f~tl amount of each and every such pay~r.ent shall be immediateiy due and payabk and shall bear imeresf
r'~ ~;?a~.~ _ , rate of n~~e per cent~~m per annum and togethe~ w~th s~ch interest shall be sttured by fhe lien of !h s morgrage
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