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TMIS INDENTURE, Mad~ th~ t h day of ~ r~ iT , A.D. 19?
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;coLt 3. T"ofnar and Co~stance f~'. Thofner, his :vife= ~ ~
o( SL. LUC I Q CW~ry Flaid~, Mreie?afte~ detignated a~ the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSpC1AT10N OF FORT PiERCE, a owpwation orpanized and existinp unde~ tM laws of tM United Sut~s of Art~erica u~d havinp iri princlpal pl~p of
buiinsu in Ihe City of fort Pitrq, St. lucie Co~~ty. Florida. FItI~IMf1M de~ipnated as tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jutNy iodebtad to tM MORTGAGEE in Ih~ {~m of S~^ , gaod snd I~wful money of Ih~Unifed _
Sratei advanced by tM .V10RTGAGEE u~to the MORTGACaQR, a~ ~vid«wetl'!iy ~l ~trtain promissory note of even date herewith, of whith tM followinp tn
woEds and f' ures is a true copy, towih r'~.
_ , 00 _ ~ . I'~000095
fat Pi~~a. Florida. J u I y ~~J ~ J 19..Z.~,`
Fa value received, 1, we w either of us, prom se to x without defalca~}on, to +hs ader oi fIRST FE~ERAL SQAVINGS AND tOAN ASSOCIATION OF
FORT PIERCE af fort Pierce, Fio~ida, the sum o( S ~V ~
~ ~ - with int'er~es~ from date at the rate of • J% per +nnum, in monthly instalb
~:~e:,rs as tol!ows: i- on the 2O t h dsy of Q C t O~J e r 19__.._L_ snd e like s~m on tfie carespondi~g day of each month thera
~~tar u~~til the whole be fvlly paid.
Each instatlment f~rst shatl be applied in paymenf of the interesl artd ~he~ o~ the unpa~d-Balance of the prindps) tum. If dsfault is made in the
pay~neN of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notic*, a11 the remaining
~~srallments shall be d;x and payabie at once. Privilege is given to prepay this rate in who4e ot in part ~t ~~y time wittw~?t penalty. Neither forebearanc~,
nor acceptante by the holder thereof aiter any default in any payments hereon, shall be deemed exteroion. A late payment tharge of ~s
6.
1 5 ~hsll be
_dded to each installment remain;ng unpaid 7 days after ifs due date, and ~ i~ke wm shall be added to each such i~s~atlment remaining unpaid 7 days aftcr
each succee~ing paYment date. ~ •
Each maker, surery and endorser hereoi, jaintly and ievcrally, waives demand, presentment protest and notiu of protest for nonpaymenf, and funhsr
agrees to any extens~on of t~me of payment, either before or after maturity, without notice to any of us; and to pay a~~ co~ts of collection, intludlny a
rensonabk atrorney i fee in the event of any detaulr hereunder, and hereby severaNy waivp all benefit of homestesd and exemption under tF+e cautitutlon
~~~d Inws of each State of ~he Un;tcd S~ates, as against this obligation w any eztension w rcnewal hereof.
Witncss the hand and seal of each party. •
S/ Scctt S. ThofnQr ~q
cs~?u
_ S Constance t~'. T^ofner ~y
j State Revenue
-tSa~++~pstwKelled ~ aigiRaF *~v~e!•
NdW, THEREFORE, the MORTGAGOR fw the ur se of securi ment of said surn of S 4'~ ~C
P Po ^9 PsY s ~ . ~nd the pe.fwmance of tha
co•:enaros and agreementa hereinafter expressed, and fu div~rs qood and wluable conxider~tions, by ?hese preunri, does qant, bar9ain, ull, remiae,
re:zase, convey and confirm unto the MORTGAGEE, its succei:ors and assigna, all that certain bt, piece w parcel of land, situatq lying, and bei~ny in tM
County of ~ t. U C i e and State of Florida, dexribed as followt:
~ /
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Lo~ 3, :slock 23, I::.~I~;.~ '?I~.'=-. .:~.Tir",, Ur.it 5, a; ~eT ~I~t
ere~f ^r:. fi Ee i~ ~I•~t ~~ok 1~~, Ysfle ~3, F=ur1 ic "~:ec~~~s ~f
:;t. ~u~fe ~c:n±y, r 1:~rida,
%~~~~C `e~ 4, ~lock c^f, I'::;I~~~' ~IV'~? ^~Jt~T~S~ Unit 5, as
^~r at t^~r~~f ~n f i f e ~ n PI at 3cok I'~, p:~ ~e 57, Pu" 1 i c
?eco?-ds of .;t. l.u~ i? C~~~nty, F I or i da,
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; ~o~ether weth afl and singular the tenements, hereditaments snd sppurtances thereunto bslaging p in ~nywiu apperfainirg iherefo, and all r~nri, issws,
a c~oceeds snd profits accruing and to acuve from said premises, all of which sre itxluded in the sbovt and foteyoinp desuiption ~nd habandwn. ~
~
f TO HAVE AND TO HOID the above deuribed snd granted prem'~ses unto the said MORTGAGEE, i1s successws and sasi9ns fwevar. Md tiN s~id t
t
E :10RTGAGOR for ~ P r-- F~eirs, executws, administratws and suigru, hereby oovenanri with the said MORTGAGEE, ib wcceswn and auipm,
` rtiar t r? 1-- i r E- lawfully seized of ihe ssid premises in fee sunplr, that the ~ame ~re free, cksr and d'ncF~aryed from ~ll Ikro and ~ncwrr
f i,;rances in law or in equity, and that y will and 1 r hein shall wursnt and defend the titk to ths sam~ fo ths ssid
I V.ORTGAGEE, its successors and sssgns, forever against the lawtul claims and demands of sll perfons;
PROVIDED, AtWAYS that if the MORTGAGQR shall p~y unto the MORTGAGEE the promissay nofe het~iabefon described snd shall truly, p?omptlr
a~d iuily perfwm, d~uhsrge, execute, compkte, comply with and abide by esch and every the sYipulations, s9reemenri, conditiora and tovensnb of said
` ;;romissory nore and of this Mwtgage, then this Matgage +nd tMe Estate hereby ueated thall uaf~ and b~ nul) u~d void. -
f •
IT IS UNDERSTOOD that the wwd "Mortyayor" whether in the singular a plursl anywhere in this Mortpay~, shdl be sirgulu ii one o~ly a~d
~hali be plura{ jointty and uverslly if more than one, and that the word "rheir" as vsed ~nywhere in this Mwt~aqe ihall be taken to mt~n "I~is;• •'IMn,'•
cr "its;' wherever the context so implies w admits. Also, that wherever fhere is a reference in rhe covenann and apreemenn here~n con~sirKd ro.ny of
rhe parties herero, tF~e same shall be construed to mesn as well as the hein, leg~l representatives, wcuswrs and usiprq (eitMr volunt~ry by acl of tM
parties or invotuntary by operation of the tawT of the ssme and that the cwensnts herein contained sh~ll bind and th~ IkrNfib and advsotp~s Inwt ~
~o rhe respective heirs, legsl representatives, successors and au'gro of the p~rtiei hereto.
And said Mwtgagors, fa fhemulves snd thei~ heirs. Iegal representatives, successors and assiyiu, hereby jantly and severally cownant and p~~e
~o and with the wid MORTGAGEE, its successors and suigns:
r 1. To pay all snd singvlar the principal and inrerest and the variovs and sundry svms of money paYabk by virtue of said promiswry note, snd thi~ ~
; mortgage, each and every, promptly on rhe days respectively the same severatly become dve.
~
; 2. To psy all snd singulu the taxes, assessmenb, levies, liabilities, obligations and entumbr~ntes of every natwe and kind now on said datribed ~
~ property, w tl~at hereafte~ may be impwed, wffercd, placed, levied, or ~ssessed tl+~reon, or that hereafter may bs levied p~sse~d ~pp~ t1~is AAprlp-
~ age, ov tht indebted~eu secured hereby, each snd every, when due and pay~ble, accordirg w law, before thsy becane delinquent, and befw~ u~y intK~f ~
a~r~ches o~ any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPiIY SATISFIEO AND ~ISCHARGEp OF
i RECORO AND iHE ORIGINAL OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOORSED a~
GR CERTIFIED) SHAII BE PiACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in Ihe tvent fhat any ihereof it not ~
c:a~d. saisfied and discharged fa;d MORTGAGEE may at any time paK the same w sny psrt thereof withouf waiving w sffectir~ any option, liep, eqvity or
•:~hr under or by virrue of this mortg~ge and ~he full amount of each and every wch psyment shall be immediately due ard payabk and shsl! bear infaat
~.c-*- ~he d,+F ~he•ecf ~~~r~! ~a d ar .ate of nine per centum per annum and toyether with such interest shall be secured by the lien oi th'~ mor9~agt. -
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