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iH15 INDENTURE, M~d~ the 28 t h day o{ ~ y - A.D. 19_76 b~twNn
Rich rd D Kaile a sin le adult
. ~
of St ~ L C ~e „~punty Flwida, htrein~ftK dt~iyneted ~s the "MORIGAGOR;' and FIRST fEUERAI SAVINGS AN~ IOAN
ASSpCUT10N OF FORT PIERCE. a oorporatia? wQsni:ed ~nd •xistin9 unde? the lavw of 1M Un~ted Sut~s of Ameriu ~nd Mrinp iri principal pl~t~ of
buun~u in 1M City ot Fw1 PiKC~, St. luci~ County, Florida, hereinaft~r despnatsd as tM "MORiGAGEE." -
WHEREAS tM MORTGAGOR a jusdy irtdsbt~d to tM MORTGAGEE ie? ths lum of i-~a-6~--QQ 9ood and lawiul money of tht United
I.._ t_._...~~1 .e.L:~f. ~{.w {wIIw~IM -
SNlei advanced by tM MUKWA~att unto ths MvK1ui+Gi~K. ss ewoeaceo oy •~enei~. F...n~~„s...~ ~w~a ~
wwda u~d fiyur~s ii ~ 1rw copY, to-wir.
~ 24. 600 . 00 r,~, 100219 51
Port Pierc~. Florida. M~1Y 28 ~q76
Fa value received, 1, vw or e+tha of us, prom~se to pay, wirhout defalcat~o~, 1o the orde~ of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Piercs, Fbrida, the sum of f 24.6QQ..Q~__ w~ih inrereu irom date a1 the rate of ~.Q°M per annum, in monlhly instalM
ments aa tollows: 3207.00_ ~Q~h d~y of .JU1V 19?~? and a lik~ sum on tha correspond~ng d~y of each month thx~- ~
efecr v~til the whole be fully paid.
Exh installment first shall be applied in payment of the interest and then on Ihe unpaid balance of the princpal tum. If default ia mad~ in tFw
payment of any i~staltment when dve, and such default continues 30 d+ys, then at ?he oprion of ~he holde?, and withouf ~ny other notice, ~II the ffTall11f1~ j
~nstallments shall be due and payabie at once. Privitege is given to prepay thia ~ote in whole w in part at e~y time wi~hout penaNy. Neither fwebear~nc~,
nw ~cceptance by the holde~ ~hereof af~er any default in any payr.xnts hereon, shall be deemed extensia~. A Iste payment chsrg~ of Z 10•-3r~- sh~ll bs
added to each installmeN remaining unp~~d 7 days ~fter in dw da?e, and a like sum shall be added ?o each such instaliment remaining w+p~id 7 d~ys ~fta
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each succeediny payment data
Eech maker, su~ery and endorser hereof, jointly and severally, waives demand, presentment protest and notice of proteat for nonpayment, ~nd fvnher
egrees to ~ny extenian of time of payment, either befo.e or after meturiiy, without ~ot~ce to any of us; and to pay all costs of collection, includinp a
reasonsbk attorney"s fee in the event of sny de(ault hereunder, and he~eby severally waives atI benefit of homestead and exemption under th~ conttitution
and I~wi of each State of ~he United Ststes, as sgain~l thii obligatwn or •ny extens+on or rcnew~l hereof.
Witness the F?~nd and seal of cxh party. ~
s/ Richard D. Bailey, a singl~~fult '
~1^y ~ ~ ~T e • ~ ~
Y . cs~?u >
,
• . . . . ~U ~
$36.90 ~U `
( ~ State Revenue ~
(Staw~ps. wwalbd wiginal ~ta .
pu pose of ~ecuri ent of uid sum of s i P~?f
NOW, THEREFORE, the MORTGAGOR for the ~ ~ w,m, ~ 24 600.00 ~nd tM orm+nce of th~
;ovenants and ayreements F1ttliM~1N expresxd, and fa divers good ~nd valuabte consider~tio~s. by these presents. does yrent, bsrpsin, sell, rem~~e,
release, convey and confirm u~to the MORTGAGEE, its wccessor• and ~tsiflns, aIl that cert~in lot, piece w puce) of ~~nd, situate, lyinp, and beinp in 1F»
Cou~ry of St . Luc ie and State of Fbrid~, dewibed +s follows:
Lot 1, Bleck 5, MARAVILLA TERRACE, accerding to the plat thereof ~
recorded_in Plat BAA~C S, page 50, public records ~f St. Lucie '
County, Flerida. f
. .
R
v~ c~T~,~T~~ ~F _FLGRI~~ ~ q,~~~ a ~
. ~ill.*,~t:'ARY.~ ;~STt,MP 1r, i -
~ ut•r..~if KtvF~YU~ s>~~i.~ , ~B I p'~?'y
2.- _ _ _ ~ 1 pu~T Io q~rE~Mac ~ ~ of
i ~-~e. = 3 6. 9 0 i - ~cE- ~/~y~ R p1~'131, ,~s~/yl. p~'`'~p '~/y~
~ ~n p _ t;~Z . ~ + f ~ _"'W~, ~ •V~T~t. ~T f~,l ~~Ij ]
~ 'w~f! S~ ~~~s. t
! . . . . . ~ f ~ 's
; By agreement of Mortgag~r and M~rtgagee on file ~rith u ~
~ Hortgagee, the pithin mc~rtgage Secures not only an ~
existin4 indebtedness, but als~ ADVANCBS to be HERE- ;
~ AFTER rnade by Mortgagee t~ Mortga9~r, the aggregate ±
o: which wrill e~ual the principal am~unt specified ?
~ in the pro~nissory note secured hereby. ~
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~ *1'i:~l~+~-`' _ ~ ~ _ 7 ;
• t~!t~, ~Y , ~ 1 ~ 5 C:3 ~ G G ~ ~ L -
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togetMr with all and tingular tM tenements, heredit~ments and ap~wrtances thereunto betonying or in anywise ~ppertaininy therero, and ~II rsats, ittves,
~ proceedi u~d profits acuui~g ~nd to accrue from said premises, all of which ~re induded in the above snd fwe~oirg dewiption and habendum.
TO HAVE AND TO HOID the above desaibed and grented premises unto the said MORTGAGEE, its suasssors and +uipns forev~r. Md th~ s~W
~ MORTGAGOR iw --~g~---- he~rs, executon, admir.ist?atws and aasigns, hereby covenants with N~e said MORTGAGEE, it~ wcc~s~w~ ~nd a~ipiM,
~ that --~h~y-~-- lawfully se~zed of the iaid premises in fee simple; that tM same u~ fr~e, clear and dischar~ed from ~II liena and ancunr
brancea in I~w a in equity, and that thev ,n,;l~ and their he~rs shall wsrrant and defend tik titb fo tM tarn~ fo t!w s+td
~ MORTGAGEE, its succeisors +nd assigns, faevcr ~gainst the Isw(ul claims and demands of all persoru; -
?i PROVI~EU, ALWAYS thas if tFx MORTGAGOR shall pay uroo the MORTGAGEE ttie promiuoty note hereinbefore described and ih+U troly, promptfy
r and f~lly perform, discharg~, execute, compkte, comply with ~nd ab+de by each snd evcry the stipvlstions. ~yre~men~s, conditiom and tov~nu?ts of said
~ promiuwy note +rd of this Mortgsge, t}~en this Mo~tgage and the Estate hereby ueated shall cease ~nd be null and void.
~ IT IS UNDERSTOOD that the word "Mortg~gor" whether in the •ingular w plural anywhere in this Mortysp~, shall be sirqulu if on~ only u~d
~ shall be plural joi~tly and ~everally if mws thsn one, and that the word "theii ` a~ used ~nywhere in this Mort~p~y~ ~hall be tsken to me+n "his;' "Fwrs,"
w"its," wherever the context so implies or admits. Also, thst wherever there is s nference in the cove~anri ~nd asreemenb herein containsd to a~y of ,T,
rhe puties hereto, tF~e sarrw shall be construed to mesn ~s well ~s the heirs, legal r~prescnutives, successon and ~uiyru (~ithe~ voluntary by sct of t!»
~ parties or involuntary by opcr~tion of the law) of the tsme and that the covensnts herein tontained sh+ll bind and rhe benefin and ,dv~mapes irwr~ ~
~ to tix respective heirs, ley~l representstives, successors and ~ss~gr?s of the partits Mreto. ~
~
Md said Mortysgo~~, fw thcmulves and the+r hein, {egal representatives, succeswn ~nd auipns, hereby jointiy snd -severally tov~nant ~nd prN ~ ~
~ to and with the aid MORTGAGEE, its svccssors ~nd auigns: ~
~
~ 1. To p+y all and sinpulu the principsl and interest ~nd fhe variovs and sundry iums of money psY+ble by virtve of said promissay nof~. ~nd Nds ~
~ mortype. ~sch snd every, promptly on tM dayt ~espedively fhe same ~ev~ralFy becoms due. -
~ 2. To pay ~II a~d sinpulu the taxes, suessments. I~vies, liabilit~, oblig~tiwa ~nd ~rKwnb+ances of every nsture and kind now on s~id desaib~d ~
prop~rty. a fF~t hereaft~r may be imposed, wffer~d, pl~ced, levied. a asstised ther~on, or that hereafter may b~ levied ar uuuad vpon thb Mortp- ;
~ ~e, a tM ind~btedneu iecured hereby. ~ach and ev~ry, wlwn dw ~nd pay~ble, accordinp to law, before thsy becom~ delinquent, and b~fw~ ~ny ima~at ~ i
~ ettathes w any pen+lty is incurred; AN~ INSOFAR AS AtJV THERFOf IS OF RKORD TNE SAME SHAII 8E PROMPTIY SATISFIEO AND DISCHARGED OF ;
RECORO AND THE ORIGIW1l OfHCIAI DOCUHIENT (SUCH AS, FOR INSTANtE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIG1ALlY ENDORSEC~
~ OR CERIIFIED) SHAII BE PIACED IN THE MANDS OF SAIG MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM that any therwf it no1
paid, saCsfied and discharged sa'd MORTGAGEf msy ~t any t~me pay ~he same or any part thereof without waiving w afFectiny my option, lien, eqvity w
.lqM under w by virtue of this mortg~ge a~d the full smount of each and every such payment shall be immediately dve and pay~ble and ihall be~r iMN~st ~
~ sram tF~e date thereof uotil psid a~ nte of nine per centum pe• ~nnum and toyether w~th such interest shall be sec~red by the lien of th:s morytp~. _
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