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1HI5 INDENTURE. IN~ tl~~ 25th ~y of July ` _ A,Q,~75 ~ b.,w..,, ~
- . enry c we zer an o s c~re zer, s w e
St . uc e
of County Fiwida, Fw~~in~fta detg~uted sf th~ "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF fORi AIERCE, • aapaation a9anized a~d ~xiuinp uoda IM lav~n of tF» Unitad St~t~s of Am~riu uid h~vinp iri pri~cipal pl~o~ of
busirNSt in tln ~ity of Fort PiMC~. St. luci~ Cow?ty. flwida. hKeG+aitN daip~~r~d a~ ths "MORTGAGEE."
WHEkEAS iM MORTGAGOR is jw~1y it+dtbt~d to th~ MORTGAGEE In tM ~~m of = 64,000.~ qood and I~wful monty of th~ United
S+ate~ ~dvanctd by tM ?AORTGAGEE unto ths MORTGAGOR. as tvidenced by a certain promiuory note of evcn dat~ Mr~with, of which tht followinp tn
words aod i' wq is ~ tn?e copy, to-wit:
~ ~ 13000104 _
= 64 00 ~ P~.~. p«~.. ~u~y 2s ~~0 19 ~s
For valw received, 1, we w either of us, promise to pay, without def~lcairon, to the orde~ of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIA?ION OF
~ORT PIERCE s1 Fort Pierce, Fbrida, the sum of i 64~~~•~ - W~~h ime.est (rom date at tM rate of 8•7~ pK ~~wo. in madFdY imta~{-
~„e~,~s ~s fol;ows: = 527 on the 2OtTMday o{ ...Septe~ber 19 75 and • like swn on the corretpord~np day of each month ther~-
afrer untJ the whote be fully paid.
Each instalfinent first sh~ll be +pplied in payment of the inte~est snd the~ on ths unpaid balance of the prlncip~) wm. If def~ult is m~d~ In tM
paymeM of ~ny installme~l when dve. and such defauh contioues 30 days. SF1M it tI/Q OPTWf~ O~ tFM FWIdlf. ~nd without any other notice, sll ths r~inin~
~~s~allmsnts sMtl be dw ~nd payable at once. Privileps is yivM to prep+y this note in wFwb os in part rt any tiin~ withovt p~naly. Phi~hK fw~b~aru~u.
~or ~oceptanc~ by 1M ho1dN fl»r~oi after ~ny default in sny paym~nt~ hercon. ~ha~~ bs daemed exteosioe+. A lale paymsnt cM?ye of 2~a~. sh+~~ b~
~dded to each ins~+ttment remainlnp ~npiid 7 days afte~ in dw dat~, and a-like sum shall bs added to e+ch wch ie?it~llment rsmaining u~p+~d 7 day~ +her .
eath iucCaedirg p~yment dafe.
Each maker, wr~ty and endorser hereof, jointly and ievcrally, w+ives dr~nand, prese~tmeot protesf and notite of proteit fw na?p+yment, and fwtMr
agrees ro sny extensan of tims of payment, either bsfwe w after maturity, wi~hout no~~ce to any of us; a~d to p~y +11 costs of collection, lncludieg •
~eaionabk atewney i fee in the event oF any de(ault hereunder, and hereby severally waives all benefit of homestead and ezemption under th~ caatitution
and Isws of each S?~te of tM United States, as against this obligation or any eztension or ~enew+l henof.
Witness tht hand a~d seal of esch party. ~
~ ' s G. Henr Schweitzer ~
s ,s~w
~ s s weit er ~
csE~U
~ _ _9 6 .00 ) State Re~enw •
i9~a~+~pr ane~Qea eR er~pin~l
NOW, THEREfORE, the MORTGAGOR for the purpose of secvriny p+yment of taid sum of S 64 , and tM perfwm~ncs of th~
coverean~s and agreements he?ein~fter e:pre~sed, and fa diven yood aod v~lwbk cons;derstions, by tMs~ prcsenta. does pru+t, b+r~ain, sell, rtmise,
re!ease, conrey and conf~~m u~to tj?s MORTGAGEE, its successors and auiyns, ell that certain bt, pieu or parcel of lud, sitwte, tyirg, and b~inp in th~
County of St. LuCl@ ~ Staro of Fbrida, desuibd ~s fdlowa:
Lot 3, Block 397, PORT ST. LUCIE, SECTION 3, as recorded in Plat Book 12,
Page 13 A, of the public records of St. Lucie County, Rlorida
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~ogether wi~h all and singul~r the tenementf, her~taments ~~d ~ppurtanus tlxreunto b~laginy p in anywis~ appKlsinirg thatlo, u~d all r~nts, iqws,
p~oceeds a~ profib acuuing snd to sccrue from ssid premises, sll of wFiKh ue included in tIM abw~ and forpoirg datriptioe and h~b~ndwew
~ TO HAVE AN TO MOI~ the sbove described snd yranted premises unro the s~id MORTGAGEE, its Nrcuswi~ and assipro for~wr. Md th~ wid ~
~heir
v~~RT GOR fw hein, e:ecwon, adminislr~tors ~nd auiym, hereby coven~nts with 1M wid MORTGAGEE, its wa.~ssors and asaiprM.
t~iey are
~har - lawfully seized of tF+e ssid p?emises in fee sirnplr, ehat th~ ssm~ an fr~e, cNw and di~char~d fro~n ~11 li~ns ~nd ~newn- ,
brances in law w in equity, end that th@y Mr;ll and their ~~n w~~~~M ~~f~nd tM titl~ to tM sanr to th~ wid
~ 'r.ORTGAGEE, ift s~,ccessors and au~ges. forever syaimt ihe lawfvl daims and dema~ds of ~II penau;
~ PROVI~ED, AlWAYS th~t if tht MORTGAGOR shsll pay unto tf~s MORTGAGEE ths promissory not~ Mr~inbefon d~sctibed and ~MI) huly, promptly
a~d fully perfwm, diuharge. exac~te, compkte, compty with and abide by each a~d every ths stipulataro, presrtients, co~ditioro and oovenants of ~aid
~ promissory not~ and of this MortgaQe, then this Mwtgage ~nd the Est~te haeby veated sh+ll ceas~ snd be null and void. Osm
IT IS UNDER5T00~ that the word "Mo?tyagor' whether in the singular w plwal anywher~ in this Matyap~, shsll be sugular if oeM only and o~0
shall be plu~al jointfy ~nd severally if mae than one. snd that the word "their'~ ss used .nywhere in fha Mw~9+p. shall b. f.ker+ ro n+e~n "his.•• `1~s." ~
cr •';es;' whererer the con~ext w implies w adm;ts. Alw, that whereva there is s refNenu in tFw covenann and sp~~sments her~in oont+lnad to +nY oi ~
~~e partiss hereto, the asme shall be construed to me~n u well a~ the heirs, layat representatives, wocesson and assgns (~itFnr vdum+rY b1? ~c? of tlw ~
pariies or involunt~ry by operaYao of tl~e I~w) of the same ~nd that the covenann herein conqined ah~ll bind and the b~nefib and advant~pp 1nw~
~o the respectivt hein, ky+l representatives, succesion and ~a~yns of tM puties Mreto.
~ Md said Mwtyayors, fw themselves snd tF~eir hein, lep+l represaot~tiws, s~aesson and ~aip~s, hsrtby jointly ~nd stvK~lly cov~n+nt ~nd aprM ~
~o and with the Nid MORTGAGEE, its waasas ~nd ~signs: ~
1. To pay all and sinpulu tM principal and imKest and the v~rious and wndry wms of mo~y paYaW~ by vutw of Nld PfOTiffOfy flOb. u~d N~ts
mon9~e, each a~d wery, promptly on tM d~ys respectively tM s+me sw~rally becane dw.. ~
2 To p+y all ud sinpulsr the taxa. +ssesunenn, levi~s. IisbiliYws, obliyatiom a~d enaunbranca of ewry n~tun and kfnd ~ww on sud d~svib~d
Pr~nY. a tMt her~ahe. may be impowd, wffe~ed. Pl~ced, kvied, or ~ws~ed therw~, a that M?eafNr m~y b~ Iwid w aa~awd opon thN Mor1¢
age, a tlw indcbtednea ~sa~ed hereby, esch a~d ~very, wlwn due and psyable. ~aordin~ w law, b~foh tlNy bscan~ delkqwM. +ed be(on +np inNrht
attathes or any pen~lty is incwred; AN~ INSOfAR AS ANY TMEREOF IS OF RKORD TME SAME SMAIL SE PROMPTIY SATISf1Ep AND ~ISCHARGED OF
RECORO AND TME ORIGINAI OFFICIAL OOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIVT OR THE SATISFACTION PAPER OfFICIAtt1f ENOORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in tF» ~veM th~t ~ny tfiereof is not
paid, sat'sfied and d~xhsrgcd sa:d AhOR1GAGEE may at any t~me p~y the same w any paN ther~of without wsivinp a~ffectirq any option. 1'~en, equity a
•~qht under or by vi.tue of this mongage u~d 1he fult amount of each and tvery uxF~ payment skall be imnwdiattly dw ~e+d payabk and shal~ bear inta~st
~.om ~F.e dare ~he~eo~ ~n~li c~ d ar rate of nirw per tentum per annum ~nd toqether with suth inte?est shall b~ setwed by fM lien of th's mo•grage.
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