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TNIS INDENiURE. Made the 7th day of ,1`~y - A.D. 19?5. between
_ C)•~~al_G. Alger, a w~'t J~o~w - _
of . Luc ie County Ftorid+, hereinafter dci~;~nared as ti~e 'MORTGAGOR," and fIRST FEDERA~ $AVING$ AtvD IOAN i
ASSOCIATION Of FORT PIERCE, a corporat~on agan~red and ex~st~ng unda the laws of the Un~ted S~a1o~ of America and having its p~incipa~ p~i~e of 1
bus~nest in the City of fon Pie.ce, St. lvue Co~n~y, Floreda, hrreinafter des~grtatrd as tF» "MORiGAGEE:' ~
WHEREAS the MORTGAGOR is j~stly indebted to the MORTGAG:E ~n the a~m of S 14 ~VD•OU good and la.vfui money of 1he Un~ted
S+ates advanced by tha 1.10RTGAGEE unto the MORIGAGOR, as ecident_d by ccrto~r. prom~ssay note of even datr herewith, of wh:ch the following in
.tio:ds and f~yures is a t~ve copy, towit:
z _ 14 , ~JUt). UO . ~,10~2132A
~ Fort Pierce, Florida, _ `~~`3y ? 19 7~
Fw va?ve received. I, we or ~ithrr of us, pro~~~~s~ to pay, vvithout defa:~~!,o~~, tna orde~ of i1R5T FEDER4L SAVINGS AND IOAt~i ASSOCIATION OF
~~T p1ERCE at Fcrf Pi_:ce. F~orida, the s~~m of S- i4-a~~Q•QQ- w~'r~ ~~~'r:est from dare at thr rate of per annum, in mo~thfy insfatl-
..~s as !ol.ows: S-126•-00 on tha~ULh _~dy __~UR~ iQ _ and a Gke sum oo ~ha correspo~ding day of each moMh there-
+'r~ r unhl tne who:e bt f~l{y~ pa~d.
Each ~nstallment firs~ shatl be appfied in payrne~:t of the intere;t and r6_•~ e~ the un~a~d bala~ce of the p~+~c~pal sum. If dtfauh is made in the
,.~,ant of arty ~nsta~in;e;~t wh=_n d~e, ar,d wch d_iaul~ contin~es 30 days, then at rce opr:on of die ho;de., and wisheut any orher not~ce. all the remaining
;oal!ments shall Le due and payab;e at once. Pr~.~±.ye is g~ven to prepay this nofe in whola or in part at any t~me viritnoul penairy. heither forebearante,
rr acceptance by the ho:cier lhereof afrer any def3uh in any pay~nen~s hrrro~. sF,ali be deernrd extension. A late payment charge of S-~+ ~Q Sha~l be
~ i_d to rcch ir.sta'irr.rnt ~rmain~ng ~r.~~a.d 7 3ey~a eiter its d,,e da~e, and a i~.a s.n~ sha;f ue addrd to each w:h instaliment remain~ng unpaid 7 days after
_ ~cn succeed~ng payment date.
Eath maKer, s~~ety and rndcne. herrof, joirit'y and se~erally, wa:ves dr~r:and. ores?ntment protest and not~ce of prottst for nonpayment, and furthe~
~ ~-~~es to any e..rens~on of nr~r o! p:yma:~t, e~ ,•:r b:.'ore M a~trr ma;t:r~t~, w~tf.,;v~ r:c!~.~ +o amy of ~s; a~d to pa~ all cos!s of co'.Iectien, indud~ng a
,~na~le attorney's fee ~n the evenT ot any ,d,~.`avi~ here~ndar, and hricby s~~e:o':'y .va~ves ali bznefit of Fwmestead and exemption under the tonstitufion
i!ans of eech State at ~he Unrted Sta!es. as ~y3:'st t~~~s a6;~ya~~an or n.,y ~•~~r~s~.n o• re~~_va1 hereof.
W~tness ~he hand and seal of each Earty.
S/ Opa 1 G. :~lger , ~Ai~
a w i dow (~qU
- (s~?y
~ (SEAI)
_ 1 • i7O State Reven~e
~x~cxao~xedx~x~3t~tc~~c '
NOW, THEREFORE, the MORTGAGOR fo? the p,~r,wse of atturing pa•Jme~.t ef u~d svm of s 14 ~~0~. , and the perfwmance of the
c. +enants and agreemen+s he•e~nafrer expressed, and 4w dve~s ~ocd and vaiuable cons~derof~ons, by these presents, does grant, ba~ga~n, sell, remise,
_.~.,se, conYey and con4irm u~to tfie ;AJRTGAvEE, its successon and ass:g~s, a!t th~r ce~tain lo~, piece or parcel of land, situate, Iying, and being in the
;ounry of _-_St . F.UC le _ and State of Fbrida, descnbed as fol(ows:
Lot 13, Block 26, of PIN~k'WD S`.'BDI1ii~IO~l, as per plat thereof on file in
Ylat Book 5, page 24 of the public records of St. Lucie County, Florida
~~/i5 = 60/ - O 4i/S- 00%
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; ~ °B ~ ~E,; ~R y ~c RECEIYED - . D n IN PAYMENT OF TAXQ
` , "f \ Dtff ON CtRSS'C INTIINGIBI.E PEQSONM. PROPERiY, c
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~ ° f~, S~-.~ l. PURSUANT TO CEIAPTER 71-134. AiCiS OF 1l1L
•PS'~ \
; ; ~ ~ - R06ER POITRAS ~
~ = \ " CI.ERlI C1RqllT COURT. S(. I.UC~E CO.. Fl~
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'-ae!her w~th al! and singuiar the tenements, hered~taments and ~ppurtances thereunto belonging ot in anywise appertainintj 1Fxrefo, and all rents, issues,
~ c-eeds and profits acvuing and to accrue from said premiszs, all of which are included in the above and fwegoing description and habendum.
TO HAVE AND TO NOID tF.e above described and granted premises unto the said MORTGAGEE, iti successors snd assigns forever. Md tFN aaid
~
~ :~RTGAGO~C for -~~~3 heirs, executon, administrators and assigns, heeeby covensnts with the ssid MORTGAGEE, its successori and apiyM,
~ _ she 1 5 - ~awf~lly se;zed of the said premfses in fee ~imp:e; that the iame are free, clear ~nd discharged from all liens and encvm- 1
~ "•~~ces ~n law or in equi~y, and thatshe w;11 and _ t1E.'r heirs shall warrant aod defend the title to the same to the s+id ~
~RTGAGEE, its s~ccessors and ass~gns, forever aga+nst the lawful ctaims and demands of all persons;
~ PROVIDED, RL~YAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbetore desuibed and shall truly, promptly
~ d fu•.ly periorm, d~scharge, execute, comple~e, comply with and ab:de by each and every Ihe stipulations, agreements, condi~iens snd covenants of sa~
~ _~.,ssay note and of this Mo:+gage, then this Nb*tgage arsd the Estate hereby ueated shall tease and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngufar o~ plural anywht?e in this Mwtgage, shsll be singufar if one only and 7
~y . J: be plurel jointly and several!y if more than one, and that the word "their" as used anywhere in this Matgsge sh~ll be taken to mean "his," "hers" 00 !
•'"its,'" v~he~ever the context so imp!~es or adm~ts. Atso, that wherever there is a reference in the tovenants snd agretmenfs herein confained io a~y of o~v
~ -•e parties hereto, the same shall be construed ro mean as well as the he~n, legal represe~tatives, successors and asigro (either voluMary by ~ct of tM ~w :
~ :r+;es or invoiuntary by operat'an oi the law) of the same a~d that the covenan?s herein contairxd shall bind and the benefits and advantages inure l w/ `
fhe respective fie~rs, legal rrprese~tatives, successors and ass~gns of the par~ies he?eto. ~ i
And said Mortgagors, for themselves and their hrirs, legal reprexntatives, successors and augns, hereby jointly and severally covsn~nt and agree ;
~o and with the said MORiGAGEE, its successws a~d assigm:
~ 1. To pay all and singular the princ]pal and interest and the various and sundry sums of money payable by virtue of said promissory note, ~nd this ~
~ ,.ortgage, each and every, promptly on the days respectively the same severally become dve.
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4. To psy ell snd ~~ngutar the taxes, asxssments, Ievies, fiabilit~es, obligations and encumbrances of every nature and kind now on asid dexribed
o.cperty, os that hereafter may be ~mposed, suffered, pfxed, levicd, a autssed thereon, w that hereaiter may be levied or ~ssessed ~pon this Mort¢ ~
ag>, or the +ndebtedness secured here~~y, each and avery, when d~e and payable, according to Isw, before they become delinquent, ~nd beiwe ~~y infaest ~
~ •~+~ches or any penairy is incu~~ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY S/1TISfIEO A4D OISCHARGE~ OF
~ -ECORO AND THE ORIGiNAI OFFICIAI OOCUMENT 1SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
C~ CERTIFIED) SHALL BE PLACED 1N THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the evem thaf any tFxreof is not
„,~.3,
~ d saYSFied and d.scharged sa d/dORTGAGEE msy a' any t~me pay the same or any part thereof without waiving or affecting any optiort, lien, eqvity or
~ •.,hr unde~ or by virtue of th~s morrgage and the tull amount of each and erery such payment shall be immediately due and payabk and shall bear interqt
~ ~~o- o.~te +^.e~ee4 vr! : ca d a• ra+e of n~ne per ce~tum pe~ annum •ndspgethe~ w~th wch interest shall be secured by the lien of th s morgtage
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