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Tli15 INDENTURE, Mad~ 19th day ot ~rCh - A.D. 19
76
- b~tw~en
Willie H. Willia~s and Betty R. Willia'sL h~s wifa
oi St. j,uc:ie ~p~~y Fluid~, b~ninafltr dh~ u thi AGOR," •nd fiRST fEvERAI SA'vINGS AND IOAN
ASSOCIA?ION Of FORT PIERCE, ~ torpotation otyani:td end exu~~np unsl~+ th~ I~ws of ~he Unit*d S~~t~~ of 1?rnerk~ ~nd Mvinp it~ prirxlpal ptau of
bva&»ts in th~ City of iorl Pi~rc~, St. luci~ County, Florid~, htr~inaft~r dnipnated a~ th~ "MORTGAGEE:' ;
WHEREAS 1M MORTGAGOR a juatly in~bttd to 1M lNORTGAGEE i~ the eum of 18 , aood and I~wfut mon~y of ths Unit~d i
Stdtt ~dv~nted by 1M MORTGAGEE unto the MORIGAGOR, as evidenced 6~ a certain paomi~tory nots of even date herewith, of whith tM (ollowinp in • i
wad~ ~~d fi9urq is • trw copY, tawit: ~
_ ~8 ~ OOO.OQ ~ 1002183 4 ~
Fort Pieres, Fia~d,, ~rc h 19 ~q 76 ~
fw valw recaived, 1, we or eithar of u~, prornise to pay, wiihout deEalc~~ion, to ths order of F1RST fEDERAI SAVlNGS AtJD IOAN ASSOC~ATION OF
FORT PtERCE a1 Fori Piau, Fbrida, the sum ot ~__18~0~!~~ ~ wnh ~n~errsr from ~ate st ihe rata of9_~__~iG p~r annum, in monthiy iosU{4 `
menn u fouows: i 162.~_ ~~}K 2~tf1 day of April 1976.__ and a lika sum on ~he cwrespond~np day of each month therr ~
after untii the whol~ b~ fully paid.
E+th insqllm~nt firat sh~ll be applied in payment of the intrrest and then on ihe unpaid balance of the princ:p~t tum. If defeulf is m+de i~ 1FN
paymenf of ~ny intqtlment when dus, and such default conti~ues 30 day~. then ~t ti.e op~ion of the holder, and wi~hout any other notice, all th~ ranaininp
installrn~nri shall be dut and p~yable st once. Privi:eg~ is ~iven to prep~y this note in whola or.in p~rt st sny time without penalty. Neithcr fotebearNKS,
n« aa~pance by the holder lhsreo} aftet any defauit io any pa~ments hereon, ~i~all be deemed ealension. A late payme~t char9~ oi ~xulr, sMll b~ ~
edded to tath ini?atlme~t temainirg vnpaid 7 days aiter its due dafa, and a. likt sum ahafl be added to esch tuch instailment rem~inin9 unp~id 7 days ahu ~
each succ~ed'u+p payment date. ~ }
Eich m~ksr, surety and endwser hereof, jointly and aeva+~~y, wa~ves demand, presCntment prolesl and notice of p~ote~t fw nonpaynxnt, snd furtMr ~
ag~NS to ~ny extention of time of paymenl, eiiher before w after maturity, withcut notice to any of us; and to pay all costs of tollection, inctudinp •
reasonable ananey's fte in the evenl of any de~aull here~nder, and hereby severally weives all beneiit of homestead and examptio~ unda tfis conslitution
and I~ws of each State of ~h~ Unitcd Statas, as aqaimt lhis obGga~ioo or ~r?y extensi«? a renew~l hereof.
Witness tM F?~nd ~~+d iea: of each pa~ty.
• *-y . . s/ Mlilli~ H, Williaws ~q
~ s . . ,
(s~?U `
s Bett y R. willia~s ~ ~
~ s
f 27 . ~O ) $tat~ Rsvenw
{b~~-a~ecdMd ~ Ki~iwd +iM~
NOW, THEREFQRE, tM MORTGAGOR for tha purpose of securing payment af sa~d sum of =18-~~-~ ~nd the p~rform~nu of tM
cov~nanls and apreementt hereinafter eapreacd, and fw divers good and valu~ble considerat~ons, by tM~e presents, does yr~nt, bar~~in, setl,- r~mite,
relea~s, convty and confirm unro th~ MORiGAGEE, its successon and auiyni, etl tlrat ce~tain lot, piece w putel of lend~ sitwte, lying, ~nd btinp in tM
~~~y pf $L. I.ueie ~nd State of florida, dearibed ~s follows:
i
~
Lot 4, Block 32,~SUNLAND GARDBNS StBDIVISION, as per plat thereo~ ~
recorded in Plat Book 6, p~??ge 32, Public Records o! St. Lucfe County,
Florida. ~ .
u~ oti~r . o?~OS ~ D/ - D S~~ - OD4~
By aqree~ent of 1?brtgaqoz and Mortqsgee on tile with
Mortyagee, the within aortga?ge secures not only an
existinq indebtec~ess, but also ADVANCBS .to b~ I~RB-
AR?BR aade by Mortgagee to Martqagor, the a99=egate
of which will equal the principal a~ount specitied
in the promissory note secured hereby.
E
~ ~ STAT QF ~'LORlDA ~
; = OOCUMENTARY STAMP TA x ~ . ~Q ~s
~ ° IN PNfMfllf ~
~ ~ DEPt. Uf REYEN'VE
~ •
_ :r.. oi ~ ~ ~ r(1~9Q?W, •
; i~ b= p~ =~Zr~s ~.r• 2 7. 0 0 i ~ o~ a~ n~. ~crs a~ ~~n.~r%rw`
_ ~ °""R~ ja~?. wn
Q- i~~ot 1 PUL~lA~i ~p p, g
~ • r r i ~L~ ~ W-' n/ V
~ ~ ~ ~j~ 3t. Wl. fv.. _
~
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~ toyttha witi~ all and sinpvlar the terkments, herediqments and +ppwtsntes thereunto bela?pin9 or ie~ ~nywise ~ppert~ininy tks~~ro, ~nd ~If r~nt~, iuws,
~ procMds and profib ~cvuinp and fo acuue from said premixs, •II of which are included i~ tlx abov~ +nd forayoirg dacription and h+b~ndunw
~ TO HAVE AND TO HOID tht abov~ described and ~ranted premises v~to th~ a+id MORTGAGEE, it~ woceawn and utipm fonvN. Md th~ s~W
~ AAORTCiAGOR /o? ~heiY - he~?s, executon, administratws and a~sgns, hereby coven~~b with fM said MORTGAGEE, its wtpsson uid auipns,
a
~ that t~y S1e lawfully iei:ed of'the wid prtmises ie iee fimple; that fhe samt are fns, dear srd di~charped from d) If~rr Md Nrcun? "
m bnncas in law w in equiry, arsd that tt1P.}f wilt and t~i= - Fie7rs ~i?aU warr~nt ~od d~F~nd tM tnb to th~ sama ro tht wW
~ MORTGAGEE, in successort uid +uiyns, fw~ver agairot the lawful claims and demarsds of all persoro:
_ PROVIDEO, AIWAYS that if th~ MORTGAGOR shall pay unto the MORTGAGEE tM promiuay ~ot~ hereinbefore described and ahall truly, promptly.
and futly perform, discharyt. execute, compkte, cemply with snd abide by e~ch and every tht stipulaY~a?~, syreert~enn, conditions and tove~anri of Nid
~ promis~ay ?ats ~nd of this Nlwtgsye, then rhis Mwtpage and the Estate hereby aeated ihall ce~s~ ~nd b~ nul! and void.
3
' IT IS UNDERSTOOD tMt the word "Mwtga9a" whether ~n ~F+e i~ryulsr o? plwal anywFm~ in this Matyape, ahalt b~ sinpular if on~ only u~d
' sMll b~ plwd jointly and s~wralty if more tMn one. ~nd ~har the wwd "their" ss v~ed ~nywhN~ in thK Mor~y+~e shsll be taken to mean •'his,•• ••hen,"
N a••in,•• wl~e~rer tM contut w implies w admits. Also, thst whe~eva ther~ is • reference in t!K covenann .od qr.cma~n h.r.in aonu~n.d ro sny of
y th~ puti~s hNeto, th~ samt fhall be conttrucd te me+n as v.ell as tM heir~, lepal rspresenuteve~, iucctsw?s ~nd ~tsipns (either voluntary by ~ct of tIN
~ parti~s a irnoluntary by op~ration of tM law) of the same and that tM covenan~s herein conuin~d ~hall bind uw! the benefits and ~dvantsy~s kwr~
5 to th~ r~apectiw luirs, kyal rspreseM~tira, wccessors and asrgns of the psrt~es hercto_
~
And said MottysQon, iw tF~emstlves ~nd their hein, legal representatives. succeuws and assiyns, hertby jointly and ~tvet~lly covtnant a~+d apr~e
~ to ~nd with th~ ~aid MORTGAGEE, i» successors and ~ssiyns:
~ 1. To p.y •U .nd skpuia• rhe P.~~aPa~ and interest and the vsriovs ~nd sundry sums of money p~yable by virtw of said p~omiuorr nw~, and this
~
~ mortyap~. ~sch u~d ~wry, promplty on tM d~ys respedivety ti?e same sewrally bscom~ due.
~ 2. To pay dl and ~inp~lu the t~xes, a~ustmenn, levies, liabilities, obliy+twe+s and encumbraercet of every natw~ and kind naw on said dacrlb~d
~ proptrty, o? tMt hereaftb may b~ imposrd. iuflered, pl+ced, levied, or •ssrsud thereon, a that hsrtifier may b~ levied o~ attesNd upon fhi~ Mort¢
~ ap~, w tM ird~bt~dn~ss s~ard her~by. ~ach and ~very, when due ~nd p~yabl~, accordinp to law, befw~ tMy becom~ delinqwnt, and Mfor~ ~ny irNa~st
an~ches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII OE PROMPTIY SA115f1ED ANO OISCHARGEO OF ~
RECORD AND THE ORIGINAL OFFIC~At OOCUMENT iSUCH AS,-fOR INSTAIJCE, THE TAX RECEIPT OR THE SAiISFACTION PADER OffICIAIIY ENDORSE~
~ OR CERTIfIED) SHALL SE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ~vent that any thsred k nof ~
~ paid, sat'sfied and diuh~rpsd said MORTGAGEE m~y at •ny time pay /he s~me w any part tht~eof withotit wiivinp a•ffenirg any option. Ikn, lquily a ;
~ .iQht under a by virtw of tFrii morrys~e a~ the full amovnt of each and every such payment ahall be immediately dw and payabb and ~hall b~ar inf~?~st '
~
~ irp~n the daN tMreof uMil paid at rate o( ~ine per centum per annum and to9ether w~th such interdt shall be secured 'oy !he li~n Of /h:t mwpfp~.
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