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TNIS INDENTURE, Mad~ iM- 1Sth _ d+y of Y--C_ ; A.D. 19 76
- b~twNn
B4rni~ ?hase; and Alexandri~_?h~sg~~~hi wile d/b/a~aues Auilders
cf St_ Lucie, ~~ou~~y Florida, h~re~nafter d~iq~a~ad ~s ths "MORTGAGOR;' and fIR51 FEOERAI S/IVINGS AND IOAN
ASSOCIA?ION Of FORT PIERCE, • torpor~tion ory~niiad and ea~~~irp u~d~r 11~ I~ws of ths ~nited S~~t~t of /~un~rica and Mvinp itt prfncipal pl~u of
butin~s~ in 1M Clty o1 fo~t PiKU, St. tuti~ County. Ftaida, hsriinafter dsa~pnated as tM "MORTGAGEE:' ~
WHEREAS tM MORTGAGOR is justly lndebted to th~ MORTGAGEE i~ the sum of ~'j~$~T~_-___, 9ood and i~wiul money of the Uniled ~
St~t~s adr~nc~d by tka MORTGAGEE unto the MORTGAGOR, as evicie~~cad by a certsm promit?ay note of even dale herewith, oi which th~ followinp i~ I
wads ~nd fyurq i~ a trw copy, fo-wit: ~ E
~ 2d~eAA_AD Nol~fJ2182?
fort Pierce, Florida, Msrch 15 ~q~_
for value received, i, we or eithrr of us, p~om,se to pay, wnhout detalcai~on, to the oider of FIR51 FEOERAI SI~VINGS AND IOAN ASSOCIATION OF
FORT PIERCE a1 fo?1 Piace, Florida, the cum of S_ 24
,~Q~~ w,~h ~nte~est f~am daro a? the ro~e of _8 • 7~6 per anr:um, in monthly tnstall-
menfs a~ follows: S 204•~ on the ~r4~h day of __~nril , 197~ _ end a like sum o~ the correspond~np day o( each month therr
aittt until the wAo:s b~ fully paid.
Eath installment (irst sha~l be applied in paymenf of the in~erast and tAen o~ the unpa;d balsncr of the princ~pal ~wm. If defsuh is msde in fhs
payrnent of any installment when due, and such deiault conr.nues 30 dayi, then at t1~e opcion of tfie holder, and wi~houl any otP+e~ ratite, ~11 the rNnaininy
insrallmenti shall be dve snd payable a~ ance. Privilege is given ro prepay this note in whote or in psrt ai any time without penalty. Neither fo~~bes~ante, ~
II01 itCQPl~f1t~ by the hofder thereof after arty defauh in ~ny payment~ hereon, shall be dermed extensi~n. A lat~ paymeN charp~ of ~a[.a~ue., ahall b~
added to sach inslsllment remain;:q unpa:d 7 days altsr its dw datt, and • like wm shall be added to each such iro~allmeM rsmaining unpaid 7 days affM i
e~th s~ccsedirg payrrxnt date.
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E+ch maker, surety and endwter hereof, jQint~y and aeveratty, waives demand, p~esentment prarest and notice of protest fw ranpaymenf, and furtMr
apre~s to ~ny exten~an of time of payment, ei~her bef~re w after mawrity, wirhout notice to any of us; and to pay slf co~rs of collection, incl~dinp a
reasonabte atrorney'~ fee in tMe svent of soy de(ault hereundsr, arxJ hereby severaily waives ell beneiit of homestead and exemption under the cortttitutlon
and lawi of each Sate of ?hs United Statea, as against this ottigatwr~ u any axtension or renewel neraof.
Witness the Mnd and seal oF each party. ~
~ s/ Beznie 2haaes d/b/s ~,U
• - _ , Thaaes Buf lders ~ ~U
s/ Alexsndria Tha~s ~y
r S37_2~ ) Stats Revenve ~U
(SNw~.w~c~11~L vi*i~~1~W
NOW, THEREFORE, 1he MURTGAGOR fa the purposs of secvring psyment of.said sum of s 24~8~.~ snd the performance pf th~ ~
tovananb and ~resmenb hereinafter expreued, and'tor divers good ~nd valwbte tonsiderations, by Ihese p~esenti, dws yrant, barflain, sall, r~mise, i
release, oonv~y and confirm unto 1he MO~TGAGEE, iri s~cceasors and ~uigns, ali that ceruin lot, piece or pprcel of land, titust~, IyinQ, and btin~ in ths ~
C~tY p{ _ St . I'UC i@ , and State of Fbrida, deiuib~d follows:
!
i.ot 27, Block 278, POR? S?. LUCIB, S~CTION 24, according to the plat ;
thereot recorded in Pl~t Book 13, page ~1, of the Pnblic Records ot
St. Lucie County, Rlorids.
3~a?d -~/S o 3 S~- Udo 3
N'PRAtSERS ~
~E OR11' ~
By agree~ent ot Mortgagor and Mortgagea on tile with
i~brtgagee, the witbin aortgage secures not only an
exfsting irdebte~ss, but also ADI/AHCBS to be HBRB-
AFTBR ~o~ade by Mortgagee to Nbrtgagor, the aggregate
I ot which wf21 equal the principal asount specilied
I in the proaissory note secured hereby.
i
~
_ STATE ~F FLC~RtDA ~
E ~ ~ -
~ o= •o DOCUMENTARY,~~ STAMP iA X ~ ,?N ~~MNR Oi ~
~ Z-' ~£P7.OF REYfJtUF i~
1 out ~w ~ur ~+~r~w+e~E K~so+~ n~o~n
~ _ P: -~2r~:~ ~ 3 7. 2 0 i Puas+u~t w owwr~ na~. ~ eF ~n~;~
o - i ~ ~ or , ~pelR POtiWl4 ~
- '
aldrl ~IwMMT OOUItL sT. 11lOIE 00, FU.
to~ther with ~II u~d sinputar the teneme~ts, hercd~tament~ snd ~ppurunces thereunto belongirg w in anywise appertsinirg thsreto, and all rents, iuws,
proce~dt snd profiri auruiny and to accrve from said premiu:, dl of which ase included in the sbave and for~Qoir~p desulption and Mb~ndwn.
TO HAVE AN~ TO HOtD the above described ~nd yranted premises unto tF~e said MORTGAGEE, its succeswn and auiyns forevu. Md tht s~ld
their
NI~RTGAGOR for heirs, exccutas, administrators and assigns, hcr~by tovenson with the s~id JMORTGAGEE, its sucuuon ~nd astipro.
that thev ar@ ~~,,,,full se~zed of the wEd
y premises in fee simple; that the same ~re free, clcar ~nd dischuped fran all li~ro u~d ~ncurt~
brancss in Isw w ln aqviy, and that_~~}L_ w~ll snd their heirs shdl wsrr~nt and d~fend tM titl~ b the s~en~ fo th~ s~W
NIORTGAGEE, its suttessws u~d assqns, faever sysinst tM I~wful claims ~nd demu+ds of all peraonu
~ PROVIDE~, ALWAYS tlwt if tF?e MORTGAGOR shall pay unro tf~e MORTGAGEE the ptomisso?y rat~ hereinbefot~ dewibed ~nd thall truly, prpnplly
and fully p~rform, dischsrye, ezecute, con~plete, comply with and abide by each snd every the stipvlstioro, ayreemtnts, contlitioro u+d oovenanb of said
~ - promissory not~ ~nd of this Morr9age, then ti~is-Mwtgsge and the E~tate hereby atated shall cease and be rwll and void.
~ IT IS UNDERSTOOD that the word "Matg~gqr" whether in the singular w plu~al anywhere in tF~is Mort~~ys, iFull be aGpulu if one only ~nd
shail b~ plwal jointly and severalty if mut than ons, and that the word "their" as vaed ~nywhers in this AAw~ysqe sh~ll be tskeo to mean "his," "Mn.° ~+~a
or "its," wherever tFw tont~at w implies or admilf. Also, tMt wherever there is a roference in tM covenaots and syreem~nb hNein ow~t~irnd b any d
tM pwties hersto, tM sarn~ ahall b~ wr?strued to mean as welt ss the hein. le9a) rspresentatives, successors and usip~+a (eith~r voluntary bp act of th~
partits or involw~tary by opa~tion of the law) of the same and that rhe co~enann herein con~ai-xd shall bind and fhe b.n.fin .nd .dv.ntap~a inur~
ro tM r~sp~ctiw htin, Ip~l rpresenqtivet, tucussws and ass'gns of ~he p~rties heroto.
Md said Mwtgapon, fw th~mselves and their hein, legal represenlatives, successors and auiy~s, hereby jointly and severally cov~nant ~nd apr~t ~
to ~nd with th~ said NWRTGAGEE, in suuessors and ~ssi~m:
i. To pay dl and a~np~ta tM principal and inrerest ~~d the various ~nd sundry ~ums of mon~y payable by v'utw of uid Qiomiuwy rwt~, and tl~i~
mwtyaye. ~ach ~nd ~vsry, promptly on tl+s days rnpectively the ssm~ sev~ralty becwrn dw.
~ 2. To pay dl ~nd sinpvlu the uxes. +tsessmenb, levies. Gsbil~tie~, obligatiwu snd encumbnnces of every nawre and ki~d now on uid dacr~d
prop~rty, a that he~eafter ?n~y be impos~d, wffered. Placed, kvied, a ~uessed thereon, w 1Mt hereafter may b~ Isv~ed p~aseuad upon tlQs MprtO.
pe, a tM b~d~btedn~a ~ecvred her~by, each and erery, wher? dw ~nd pay~ble, accadinp to law, before they becane delinqveot, and befw~ an~r knKpt
anaches or ~ny p~nalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAME SNAII BE PROMPTIY SATISfIED AND DISCHARGED OF
RKORO AND THE ORIGiNAI OFf(CIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR TiiE SATI~FACiION VAPER OFfIC1AllY ENDORSEp
OR CERTIFIED) SFIAIt BE PIACED IN THE HANpS OF SAIp MORiGAGFE WITHIN TEN DAYS NEXT AFTER PAYMENT; and io tht ewnt tMt se~r tMnof h nW
psid, s~+'sfied u~d discharped sa:d MORTGAGEE may at ~ny time pay the s+me or •ny pah thereof without waivinp or affectirg any option, IiM, ~q~?ity a
~ •iqM und~r or by vi?tve of thii morrgsg~ ~nd the full amovnt of eath and every such payment shall be immediNely due ~nd p~y~bk and shal) beat intNpt
~ ~rom t!w dat~ tMerwf until paid sf ra~e of nine per centum per innvm and toyNher w~th such intcrest shall be secured by tF~e lien of Ih:s mo~ytape.
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