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?N15 INDENTURE, 111bd~ th~ 3+st d.Y or May A.D. 1977 b~tvw+~
William J.Couture and Dorothv G~ Coutur@ , his aife
of St. Lucie Covnly florid~, MrsinahM dtaipnat~d q tM "MORTGAGOR," ~nd FIRST iE~ERAI SAVINGS ANp IOAN
ASSOCIATION Of FORT PIERCE, ~ tapaation orqanized +nd ex~itinp undM tF?~ I~wa oi IM Unit~d Sutq of Arnwiu ~nd havinp ib p~kKfp~l pIK~ Oi
bwin~w M 1M Gry of Fat Pi~ru, S1. lucl~ Cou~ty, florida, hK~inaftN d~iipMt~d a~ tFN "MORTGACsEE."
WHEREAS tM JNORTG/1GOR is {vatly ind~Wtd b tiy MORTGAGEE h th~ wm of S 22 ~ BO~• . 9ood ~nd ~~wful mo~Ny pf tIM Unit~d
St~tq ~dv~nqd by tM MORTGAGEE unto tM MORICs11GOR, ~s .vid.nc~d by • certain promisw~y noq oi ev~n dat~ her~witfi; e~ which tM followinp in
wordt ~nd fipwa, b~ rrw oopy, towih
s 22~800.00 ~ ~2-23011651
ra, P;..~.. Fiaa.. May 31 1977
Fa valw racaved, 1, w~, w~~~hsr oi p.om~~s ~o y, w~rhou? de(+Ica~ion, to ~1N wder of FIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION
OF FORT PIERCE at Fat P~erp. Fbrida, ths tum of i_?~~ B~•OO - with lottreat (~om date at tl+~ rab of 8•7S % pN ~nnwn. i~
monthly inst~llmenta ~s followi: i_ 188•0O on the lOth day oi Jul~L 19_~. ~nd • lik~ wm on
rhe cwrespondiny day of esch month thereafte~ untii tM whole be fully paid- ~
E~th ir?~ullment firs~ ~hall b~ applied i~ payment of the inttreit and then on ths ur+paid bal~nt~ of tM principal wm. If d~fault is made
~n ~hs p~yment ol any inst~lune~t when due. and such default continue~ 30 days, tMn ~t the optan of the holder. and witla~t any othN notic~.
ell tM rem~ining irot~ltmem~ ihall be dw ar+d payabl~ a~ axe. Priviley~ is yiwn to prepay this note in whole a in pa~t at any time without
penalry. NeitMs fwbea~~nce. nor ~cceptance by tF+e holde~ tM~~of aftN ~ny d~f~ult in anY paYmenr hereon. ~tull b~ deemed exl~+uion. A INe
paYment char~e of s 9• 4O il+all be afsetfed tM 26~h day of the month. if a rayul~~ busi~css d~y. a. if not a re9ulx butiness d~y.
rhen th~ ntxt busineis day. on esch monthly installment not Hwn nc~iv~d. .
EacF~ maker, wrety and endorsee hereof, jointly and s~wrally. waivet tiemand. ptesentment protest and notice of ptotat fw rar.payment. and
. furthe~ agrees ~o any extensia+ of tim~ of paymem, either befw~ q~NN m~turity, without rarica ~o any of v~s ~nd to pay all conq of cdkction.
includirg a~easonable anorn~y't fet in tbe event of sey defavlt heteunder, uid he?eby aevtrally wairei +11 bene(it of lwmestead and ex~mptan under
rhe consriwtio~ ~nd lsws of each 5tate of tF+e Unired Sra~ei. +s ~qainst this obliy~tion w any extension o~ renewal hKeof.
S/ William J.Couture ~i~
State docvmentary itamps in ti+e amounr ~
3$. Zt~ ~ - : • ~ _ ~
of S are iz^- i~SIZLiZZY isui;
affi:~d b th~ mortp~ sacvr~d h~t~by. (SEAL)
NOW, iHEREfORE, tM MORTGAGOR iw the purpose of securinp p~ymtnt of said sum of = 22 ~ R~' ~ .~nd th~ p~rfo~m~nc~ of th~
cov~nts and a~eems~+b h~r~inaftK ~xpreued. and fo. dive?i ~ood and v~lwbl~ considewtioea, by tMw pre~ts, does y~ant, bar9~in, s~ll, r~miss. +
releas~, convey and confirm unto th~ MORTGAGEE, iti succeuors ~nd sui~ni, all that cenain b1, pka or p~rcel of (~nd, aitwte, (ykg, ~rd beirp In tiw ~
Ca?nty of $t• Lt1Ci@ and Stat~ of Pb?fd+, desvib~d u iollows:
Part of Block 2 in NS~ of Sec#ion 4, Tovrnship 36 South, Range 40 Bast, WHIT6 ~
CITY, accor3ing to the Plat thereof recorded in Plat I3ook 1, at page 21 of the
Public Records oF St. Lucie County, Florida, more particularly described as
follows:
3egin at the Southwest corner of Outlot 1, WHITfi CITY, and run horth along ~e
West line of Outlot ~ and the grojection thereof 863.05 feet; thence run East
30 feet for the Point of Beginning; thence continue fiast 225 feet; thence run
~tiorth 75 feet; thence run ~lest 225 feet; thence run South 75 feet to the Point
of Beginning:~ `
~y agreement of Mortgagor and Mortgagee on file with Mortgagee, the within
i mortgage secured not only an existing indebtedness, but also ADVANCfiS to be
~ HSR6A~SR made by Mortgagee to Mortgaga r the aggregate of vvhic.h will equal
~ the principal a?mount specified in the promissory note secured~hereby.
~ - - • G ~ IN PI?YMENi OF TAl(ES ~
L o S TA E~ F F L O R I C7 ~ ~ ~~n
cuss ~c' ~"''=`.NGlQtE+°E~iS ~~jyl ~ER[Y, ±
~ DOCUMENTAR~,~r-::; STt~MF~ ~ r. a: I ~;~uu+T To c~~:~~ _ r~ y~ ;
z ftOGER i'~li[tAS ly•
M UEPT GF RFVENUE r,' `
co r T, Si.
r ~%~A ' CIRCUtj R LUC1E ~ i
cn = = JUN-I'7I ~ ~ ~ 0 ' ~ F
i .
m - P.i.
o = i1102 1 3
i i
t
a
s
fogerhrr with all ~nd sinputer tM t~nemMn, here~ •ame~n and ~ppurt~nces ther~unro bdorgag or in anywis~ ~ppertsininp tMnlo, and dl nms, i~ws, ~
proceedi and profih ~cau'u~p ud to ~ccrw from uid pr~mise~, ~II of whicfi ue included in the abov~ and fw~poiny dacription snd h~b~ndtMew ~
TO HAVE AN tI0 l~QID tM sbovt described arsd y~~nted premi~es unto tM said MORTGAGEE, i!s sucuuws and auipm forw~r. Md th~ Mid ;
~ lle~r
~.tORTGAGOR fw heirs. ~xecuton, adminatrators and assipro, her•by covenann wiri~ rM sad MORTGAGEE, i» wa.s~on and asiprr :
, o~ ::~i::~3y :a~f~ of s~x u:d ~:a.:.:s:~ ~~~s :€:n..;.~; t~.a3 s~ s~a us ?rsa, c:~3: sr.d ~:s:~~r~i fr~m s3! :~rs usd s~a~ ;
b;ar,ce~ in law or in equity, and that~_ wi~l ~nd their Mirs shall wuram and d~fend tM titl~ b tM ~am~ to t!k ~aid '
h10RTGAGEE, itt s~ccessws a~d assiqns. fa~ve~ ayiirut th~ lawfvl clafms and demarwl~ of dl pKSOms f
~ PROVIDED, AIYlAYS thst if the MORTGAGOR ihall psy unto the NIORTGAGEE tM p~omiuo~y not~ her~i~+b~for~ dncrib~d and shall trvly, promptly ~
end fulir Perfe+m, disth~rye, sxecut•, ca+?Pl~te, comPh with and abide by eath •nd •very th~ qipubtiau, aprs~mu~n, tonditia» and oov~nanb of sad ?
~ promissory not~ snd af th~ Mwt~aQ~, then tFa~ Mort9ag~ and the Est~te hersbp created shall uaa~ ~nd b~ null and woid. ~
~ IT IS UNDERSTOOD th~t the word "Mwt9apw" wl+ctMr in the i~npula~ or plwal anywFw~ in this AAwt~p~. shall b~ sinpular if on~ only u~d ~
Rhall be plwd iointly ~nd wv~rally if mw~ tha~ on~, and tMt the word "theh" ~s ~ned anpwhen in this Mortyapt aMll be t~k~n to m~an "hb,° '7wrs," ~
cr "ita;' wherever tM conf~at w implies o~ admin. Alw, that wherevsr ther~ it a nfe~enc~ in rM cov.~,.~n .~d .pr..m.nn h.r«n com•~~ed ro u~y of C.~O ~
the panies Mr~to, tM sarew ahall b~ cautrved a m~ae as well ~s tM Min, byal .epre~entstlws, svcc~swn and ~salpro (~ithN voluntary by ~ct of tFw ~ ,
perTies w inwlvatuy 6y op~ration of the bw) of ?hs s~me and tMt th~ covsnsnn hsr~in contained shall bind and the b~n~fit~ and advampp iewK~ ~
ro fhe rapat'n~ IKin. (pal rtpresentativ~s, wccesson u~d au°yns ol th~ parties hereto. ~ ~
Md wid Mo~fy~pon, iw tirms~lv~s ~nd th~i~ h~K~, k9+~ ~~pre~enta~iva, s+,cc~uon «~d assipns, hsrtby jointly u~d stvNdly coven~m and prN ~ ~
~o end wHh Nw s~id MORTGAGEE, its wuessors and ~uipro: ;
i. To d) and t ~ :
p~y fnpvlar th~ principal and intereat ~nd th~ vsrious ~nd sundry sums of mon~Y paY~bl~ by vinw of aid promis~wy nob. M+d Mda m ~
mcrrgs~, ~acfi ~nd ~wry, promptfy oo th~ daqs respedively tFw sams wwralFy bcoen~ dw. _ _ ~
2. To p~y all +nd anpvlar tM t~x~s, as~esunena. Iwies, li~biliria, obtipati«n and «+cwnb~~nas of wery rwtw~ ~nd kY+d row on said dNCrib~d '
rroP~nY, a that hasahe~ m~y b~ impos~d, wff~nd. Pbud, t~vied, a awssed N+erean, a tMt hen~fi~r may b~ Iwi~d o? aw~wd vpon this Mortp~ ~ `
ege, w th~ indebadnas wcwd Mr~by. ~ and every, wfi~n dw ~nd psy~ble, aaordiny to I+w, befw~ they bacom~ delinqwnt, and befor~ any knK~a
ef~acFxs a u~y ptndty a krcwred; ANO INSOFAR /15 ANY THEREOf IS OF RKORO TME 5/1ME SHAII dE PROMPILY SATISFIE~ AN~ OISCHARGED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (~,jICH A5, fOR INSTANCE, THE TAX RKEIVT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSEO `
OR CERTIFIED) SHAII dE PLACEO IN 7HE HAt~S OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER VAYMEN1t ~nd in tht twM th~t uiy tl~p~of ia no1 a
pe~d, s~t:ifi~d and diuhu~d sa:d MORTGAGEE may at ~~y tin» p~y th~ samt w+ny paM thereof withovt w~ivinp a~ffectinp any option, li~n, puitp or . ~
•~aht urd~r w by virtw of thk mortyaye and tlu full amount of each ~nd avery wd? payment ihall be immediately dw ~nd p~yabl~ and ahall b~a~ intK~st ;
irom 1M d~N tFK~~of u~til paid at r~t~ of nine per centum per ~nnum ~~d toyether w~th such inlerest ~hall be secured by tM li~n of th:t mwytapt. ~
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