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TNIS INDENTURE. N4d~ th~ 26Lh day of JR u /1.0. t9~~ bstwNe~ ?
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Charlea B. Butles a~d Maurv H. B~t er, his wife
o{ St . 1.11C1@ ~ Cpy~y ~rida, h~reln~ttN d~sip~++ted as tM "MORTGAGOR," and FIRST FEOERAI SAVINGS AN~ LOAN
IISSOC1A1tON OF FORi PIERCE. • c+wporatan orp~nis~d u~d ~xistinp undM !M laws of tM United Statp of Am~rica and havinp in prinap~l pi~p of
busin~s~ in th~ City of fort Pi~rn. St. Luci~ Cwnty. Flaida, I1fffIM~iN ~IffpM~~ n th~ "MORTGAGEE.••
WHEREAS the MORTGAGOR is ju~tiy ind~bl~d /o tM MORTGAGEE in IM sum of : 6~ OQO_ Q(,L good snd I~wfvl money of ths Unittd
Satp advanced by the MORTGAGEE unto iha MORTGAGOR, as evidencad by + certain promiuwy no~e :,f even dats h~rewith, oY which th~ 1o11owinp in
wad~ and fiqurq is a trw topy. to-wit: ~ _ ~
= b.000.00 2 2
r~ P~«~., fio.sa.. Januaacy 26 19 7
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fa val~e received, 1, w~ w eithar of ut, promiis lo pay, without defalcation, to tha order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCf at fort Pieres, fbrida, the sum of = 6}~~ _ ~0 w;th interest irom d~ts at the rate of .Q._Q96 pe? annum, in monlhly inftall. +
men~~ u 4ol,avrr. t 77•O0 on the 20thd~y of M8lCt1 _ i9 ?6 ~i+d e lik~ wm on il» car ~ da of each month thK~- i
eii~~~^9 Y
after until the whole be fully paid.
Each installmenf firit shall be applied in payment of the i~teret~ and then on tiM unpaid bstance of the pri~+cip~l wm. If default is m~d~ In tl» -
payment of sny i~ataNmeM wfien dvs, and such detwh continues 30 days, ihen at the opt'an ot tM holder. ~nd without sny other notice, ~U the r~mt:.~inp
~nsultrt~ents shsll be due snd payabb at once. Privilepe u yiven to prep+y this nota in whole or in p~rt at any tims w~thout pen~lty Neither iorabe~~anct.
rw~ uceptance by ths hotder thereof after any defauh in anY psYmenq hc~eon, ihall b~ dcemed extension. A late payment cha~ge of i-~-. sha~l M
added to each i~stallment remaininp unpsid 7 days aftM ib dw dat~, ~nd • like wm shall be added to each such inttallment remaining vnpaid 7 d~ps ~fiM
each wcceeding payment date.
Each maker, surety and endaser hereof, iointly ~ed teverally, waives dema~+d, presentment protest end notice of protest fp nonpsyment~ and fwth~t
agrees to any extenian of t~me ot payment, either befo~e a aftei msturity, wi~hout ratice to sny of us; and to pay alt cosls of collectia+, ir.cludinp ~ f
~easonsbk attwney's fee in tl+e event of .+oy dtfsult herevnder, and hereby severatly waives all be~(it of homes~e~d and exemptia+ vnder the constitWion
and Iaws of each Sta~e of ~he United States, as spainst this obligation or soy extension w re~ewat hereof.
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WiMeu tna hand and seal oi each party. r
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. ~ 5! Char les B But ler ~?U i
~.d Cl . ( ~
;.y S/ Ma?rv H.B tl.er ~
t .59.00 a State Rwtnw
NOW, 1HEREFORE, tha MORTGAGOR f« the purpose of sacvrlnp paymu+t ot said sum of s 6 s.0O0• O0 ~ and tl» performance of th~
covenants ~nd sgreemenri hereinaftet expressed, and fw divers poed ud wlwbk• coniiderations, by ihes~ presenri, dots pr~nt. barysi~, sell, rtmise,
retease, convey ~nd coniirm unto tfie 1NORTGAGEf, in succassas and auipns, dl th~t certain lof. Piace w patce) of land, situ+te, lyiny, and beinp in tM
Covnty of S'L . T.YC ].@ " S~at~ of Fbtida, dncribed ~s fdlows:
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Lot 10, of J. S. W. McCIJLLERS Subdivision, as per plat thereof on file I
in Plat Book 4, paqe 34 of the public records of St. Lucie County, Florida
By agree~ent of Mostgagor and Mortgagee on file ~?ith Mortgaqee, the
within aortgage secures not only an existing indebtedness, but also
ADVANCBS to be HER6ARTBR sade by Mortgagee to Mortgagor, the aggsegate
' of which will equal the principal aaount specified in the prosissory -
na?te secuzed heieby. ~'t` ~ ~ ~
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Et C L U~~1 E N; A R~` S I~~ ty1:' ' I_ ~ . C^ ~ IN NC~Mf~f Of TAXF.E
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( qFRK CIR17tltf GOURL ST. iUC1E ~0, FlA
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j eogefher w~th all and singvlar the tenements, hereditsments ~nd appurtsnus there~nto belaqing or in a~ywise ~ppat+inin~ tlxr~to, and all renb, issun,
proceeds and profits ~cauing ~nd to acu~re tran ssid prem~sas, afl of wFi~ are included in ~he abov~ and fwgoinp dssuiption ~nd hab~~dwn.
~ TO HAVE ANO TO HOID the above described and ya~ted prtmises unto ths s~id NIORTGAGEf, its suuessors and ~ssip~ fawN• Md th~ s+1d s
; h50RTGAGOR fa thB lr ~~rs, executors, administrarors and augns. hereby wve~a~n with tM said MORtGAGEE, Ns watssws ~nd aslQm.
~ the aze
rhat y lawfully se~zed of tM s+id premises i~ fe~ iwnple; th~t the sarn~ us frae, cbu and discharyed from all liw~a and aea~
~ brences in Isw w in equity, and that th6Y will and t~ll hein slull warr~M snd dtft~d th~ titlt fo ths same fo tlwt ssid .
i MORTGAGE£, it~ succeuors arxl ai~ipro, fwevH against the lawiu) claims and dem~~ds of ~II persan; ~
' PROVIQED, ALWAYS thst if the MORTGIIGOR sfi+ll p~y unto the MORTGAGEE the promissory rate herei~bsfw~ described uw! sh+U truly, promptly ;
end fully perfwm, diuharge, execute, compltt~, comply with snd sbide by e+ch and erery the stipulations, spreamenri, tonditioro and aova~anb af asid
prom~ssory note and of tha Mwtgaye, then this Mort9aye and the Est~te her~by cr~ated sMl) csase and bt null and wid. ~
IT {S UN~fRSTOOD tfiit the word "Maiyagor" whether in the sirgular or plwal se~ywhere in this Mortyagt, shall b~ sirgula~ if on~ only and ~
shall be plurd iointly and s~verally if mor~ than one, and that the word "their" ~s used anywfiera in tha Mort9aye sh~ll be tsk~n to ene~n "his," "Mn." ;";o
or "its;' wherever tF~e context io implip w admits. Also, that wherever thert is a rtfereoct in the covensnt~ snd agreernenb herein contaln~d to any of ~
r.he panks hereto, the sama al+all 6e co~st~ued to me~n u we!! ~s tF+e hein, kpal npresenu~ives, succeuws snd auipns (either voiuniary by act of th~ ~ j
; panie~ w involuntary by ope~ation of the law) of the same and that rhe covenann herein conuined shall bind and 1M b.nefin •nd advanr~s trwn ~
to tF?e raspMiw heirs, kps{ representatives, succeuors and ass~yns of the psrties hereto.
Md sa'~d Mortysgors, for themselves snd their hein. {s9a1 represenntiva, succes~ora and asiipns, hereby jointly and stvaally tov~nant and apt« ~
' ro snd with the tsid MORTGAGEE, its successors and assipro: ~
1. To pay all and sirgvlar the principsl ~nd inte~est ~nd the vsrian and wndry sums of moneY psYabl~ by virtue of aid promi~sory noN, and tha ~
; mo~lga~e, each ~nd every, promptly on ti+~ d~y~ reapectiveiy ih~ surN fewr~lly become d~e.
f 2. To pay dl and singvl~r the tszes, assessm~nn. {evias, fiabifi~iq, obfig~Ywns and encumbrances of every ruture and kind now on s~id daa~d ~
~ property, w that hiereaftK may be impwed, wffered, platsd, levied, or assessed tber~on, a that Mr~aftar may b~ I~ri~d or asssst~d upa~ thi~ Motlp-
sge, a tM i~d~b~edneu secur~d ha~by, e~ch +nd wery, when dw ~nd pay~bl~, accadirg to law, b~fore they becan~ d~ti~quent, and before any NtKat
attaches or sny penalty is inturred;/1ND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMP?tY SATISFIED AND ~ISCHARGfD OF
RECOR~ AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENOORSEO
OR CERiIFIE~? SNAIt 8E PIACED IN THE FiANDS OF SAID MORTGAGEE WiTHIN TfN DAYS NEX1 AF7ER PAYlY1ENi; snd in th~ wtM that any tlwr~of is no1
' paid, ssYsfied and dlschu~ed ss"d MORTGAGEE may st any time pay tFw same or any part thereof without waiving w sffectinq any option, liea, puity or
' •~qM under or by virtue of this mortgsge and the fvll amount of each ~nd every such paymeM shall be immedistely due and psyabk and ~hall bea intKat
s.om the d~te thereof unril paid at ?+te of nine per centvm per annum ~nd toyethe~ w~th such i~terest sha~! be secured by the lien o1 th:s maytpe.
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