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TNis INDENTURE, M~ tha_ 14~j1 _~y of Februarv „ A.D. 19
78
" b~1wNn
Raloh B. DeReo~er and Blanche DtReaer, his w~fe
o( St . Ll1C~e ~~~~y f~~, Mr~l~fe~, d~p,N~d s~ th~ "MOR7GAGOR," ~nd FIRST fEDERAI SAVINGS AND tOAN
ASSpCiAT10N Of fORT ~IERGE, ~ oapor~tian orqu?i~d ~nd ~xk~i.~p und~ tM lann of ~M U~iad 5~~~„ of Am~r;c~ ~nd h~vlr?p ib pNncip~l pl~ of
be~++rn1~ in tM CHy d forf ?Mra. St. l~tl~ Counry. Fbrld~. htnir?~hw d„ipn~t~d a~ ~M "N{ORTGAGEE.•.
WHEREAS tM MORTt3AGOR i~ ju~tly tnd~bl~d 1o th~ MORi6AGff in tM sum af 2O ~ OOO. p~d ~nd I~wful mon~y d th~ lJe~iNd
Statn adv~nc~d by tM MORTGAGEE un~o tM MORTG/IGOR, ~vid~+~ced by • c~rta~n prom~~~wy no~~ of ~v~n dat~ Iwrrwfth, of wl+id~ tM tollowino In
words ~nd fipurN b~ trw copy. 1owlt:
s _ 20~00~.00 No 04••230256d4 - -
F~, v;..~e. .?a~a,. Februarv 14 ~ 19_~
Foa valu~ r~c~iwd, i, w~, o~ ~ither oi us, p.om~~e to pay, wi~hour defalcarion, to rM o.der of FIASi fEDERAI SAVINGS ANG LOAN ASSOG~A?ION
OF fCNtT PIERCE N fon Pi~ru, Florids, tM sum of f 2OROOO~OQ _ w~th in~ere~t Irom date tM rab of 8-75 % p~r snnw~+. M
,.,omhly ~n~ratlm~~?s Idlowi: : 164.43 on tM 10~h day of ARril 19~_ and • IIk~ ~wn on
rhe correspondinp day of ~~ch month tl?KeahN until the wholt be fvlly p~id. ¦
E~cA inst~llmem fiht sMll b~ +ppli~d i~ payment of the int~r~~t •nd tAen on ~h~ u~pa~d bd~nce of th~ princip~l ~um. If d~f~ult is mad~
~he paymcnt of ~ny ieut~llmMf whse? du~. ~nd such d~f~ult tontinwi 30 days, then at th~ optwn of ths hold~r, and without ~ny othtr notice,
ait ~he remaini.,p insqllm~nt~ ~Full 6~ dw ~nd pay~bl~ ~t once. orivilp~ i~ 9iv~e+ to aeP.y ihis no~e in whol~ w in part ~t any Hen~ withwt
Penalry. N~ith~r forbNr~~. nor~ aa~pt~nce by the' holdsr Nwr~of aftu «+y d~(~ulr in anY p.vmrne he~~on, ~hdl b~ dNmed ~a~~nsion. A lat~
r vayment charQe of i 8.22 sl,all be ~sussed rhe ~bth dty of the ~++on+A. if a reguln busin~u d~y, a. if not ~ r~ulK bufineas day.
~hen the nexl busineu day, on exh monthty inat~llm~nt rwt th~n hceiwd.
Esch maker, sw~ty ~nd ~ndors~r h~rwi. jamly and iewr~l'ly. w~ives demsnd. P~efentment pro~est snd notio~ of pra~st fw nonp~ymer+t. ~nd
fu.the. ~grees ~o any ex~~nsion of tim~ of paymt~t, ~ither befor~ w ~f~H matu~ity, wirho„t not~ce ro sny of vs; and to p~y a!1 cab of colkction,
~nctud~ng • reawnable a»ornsy'i f~s in tM ~vtnt of u?y d~fault hsreund~r, and heecby uverally waivet all btn~fit of hom~~t~ad M+d ~:Nnp~ioo vnde~
ihe mmtitution ~nd I~wt of ~ach St~» of tM United St~t~~, a~ ~p~intt thls obl~~tion w any eYtena'an o~ r~wal hereof.
s/ Ralph E. DeRemer ~Ai~
S~are documenhry ~tsmpt in rh~ ~mouM (SEAt)
oF s 30.0a s Blanche DeRe~er ~i~
stfia~d lo t1N rnO~ty~ Ncvr~ 11~fWy- , _(~EAIt
NOW, THEREFORE, tM MORTGAGOR for th~ purpo~t of trcvrinp psymcnt ot iaid :um of = 2Os~~•~~ t~ ~a~~ af th~
covuunts and prNrn~nn Mr~inaitN ~ap~eued, and tor diven ~ood •ne! wluabte cons7derar~o~u. by th~a~ p~~nts, doN p~~M, bir~~M, NII, nmiN,
releau tonv~yt and confirm unto fM MORTGAGEE. in ~ucce»on ~nd assi9n~. a11 ~hat cenain bt. Riea p p~ral of I~nd, sitw». Irinp. ~nd bdnp In tM
~a,,,h, ~ SL. Lucie ~ ~~t~ of Florid~, d~wib~d ~s fdlowa:
Lot 38~_Block 50~ RIVER PARK, UNIT 5, accordinq to the plat thereof on
file in Plat Baak 11, Page 31~ Public Records of St. Lucie County~
Flozida.
By agreement of Moztgagor and Mortgagee on file with
Mortgagee~ the xithin ~ortgage secures not only an
existing indebtedness, but also ADYANCES to be HERfi-
AF'TER ~ade by Mortgagee to Martgagor, the aggregate
. of which wil2 equa2 the principal asount specified
in the prosissory note secured hereby.
' ' ~ ~ - - - i Rcceived 8 C'O P~Y1Mf1t
~ _ J ~
. . ~ - : , C r: ; _ • ~ . ~ Oue On M Ot Tax~s
~ ~ Clasa
. . . _'~,J _ C
. Mnnpibt~pwspy~prop«h
_ - . : > • ~ p~?suant ?p Ch '
- _ - r.=: 3 Q. Q 0 ~ 7t, 13t. Aa~i Ot 1~71.
~ " ~ ~ ROGER PQ1TpAg t
~ , - - - ~ ('~er? Grcuit Cou+'t. SL L
~ Co., fls, >
~oyerh~r with ~tl u~d si~yvbr th~ Mnem~nt~. Mr~dit~m~nn and ippu»~nces fh~rwnto belonpiny or in anywis~ ~pp~rt~ininy fMr~ro. ~nd ~II nnt~. Nswa,
c-oc~ed~ ~nd profits ~cuuinq ~nd to ~cw~ from ~aid p?emi~. ~II of whicfi u~ inciud~d tM abov~ u~d fppoinp dq~.~Iptlon and h~bendum,
TO HAVE AND TO HOLD tM ~bov~ dNUib~d ~nd yru~f~d pr~miNS unto tM s~W MpRTGAGEE, it~ wepwon ~nd p~ipey iw~v~r, Md th~ w{d
uORTGAGOR fw t~jZ h~in. ~a~cvton. ~dminbtr~ton ~nd aaipm. F»r~by cowMms with the uW MORTGAGEE, it~ wa~a~s Md utlp%
,;,,T they ale I~wFully wis~d of th~ s~id pr~m;~ tn (N simpl~s th~t th~ NnN u~ ina. el~s~ ~ed di~eh~rp~d /ran Ibew ~nd ~neuee~
~~encef in I~rv o~ ie pvity, ~nd th~* ttltV wi~~ ~ tt1llt Min shdl w~rnnt and d~f~nd tM tiN~ to 1M sam~ fQ tiw ~aW
MORTGAGEE~ Ib suee~pon ~nd p~;pry, fa~v~r p~har th~ I~wful d~knt ~nd d~mands oi dl pKwer;
oROVIDED, ALWAYS thn ff tM MORTGAGOR ~hall p~y ~nto tM MORfiGAGEE t1~ prom?uwy „or• n.r•i~b.ior~ o.wo.o .,.o ,;,;pp ~wy, p;;~:,~,;;~
t~d fully p~rfo~m. disd+~~. ~s~cv», canpbt~, complY wirh u~d abcd~ by ~sch u~d w~ry th~ aiprbtiaM, ~QrMn~+ts, caondltlon~ Md aov~nh of ~aid
~,o~„~swry nor~ •rd of thi~ Mo~tp~, tMn Mb Mortyp~ ~nd tM Est~t~ h~nby crNt~d ~hall aaw and b~ null ~nd void.
IT IS UNDERSTGIOD tiwt tl» word °Mortppor" wMtMr in tM sinp~l~r w ptwd ~nywFwr~ In tha Mort9p~, shall b~ skpvlM If on~ o~ly ~nd
.h~~l b~ ptwat pinNy ~nd Nv~nlly N nar~ th~n on~, ud tMt th~ word "th~~r'• a~d snywlwn in tha Mwtpp~ ah~fl b~ t~kM ro nw~n "hir,,," "hfn,°
•~;ts." wM?w~r tM comsat w Mnplla or ~dmM~. /?bo, tMt wMr~vM th~r~ b~ r~f~re~u in fF» oown~m~ N+d pr~nh Fw?~M oomal+»d b~r o1
,h• p~ni~s Mr~to, tM un» ~II b~ oona~rwd ro rt~M a vwll a th~ MIn, Ip~l npn~?t~tivn, wee~sra~ ~ed ~u1pm (NMw? volumary bp ~d ef th~ dr+G`
~a~r~~a w involuM+rY M aP~ntioa af t!w bw1 ef tM ~xrw ~nd that ti?e cov~Mnn Mr~in cont~in~d ahall b~+~d and th~ b~n~fib ~nd ~dr~ntpM Irwn ~3D
ro tM nsp~ttiw Mtn. Ipal hp?«ent~thrN. M+oaNOn ~nd u~?q~a of tM p~rtNS h~r~to.
And uW AAon9pa~, fa tl~lws sew! th~M Mtn. Ipd r~pns~nt~tivN, wcuuon ~+d auipns. 1+~nby jointly ~nd NvKdfy aown~nt ~ed pne
snd with tM s~W NWRTQ/ICEE, it~ wotN~on ~nd ~uipna:
i. To p~y ~N and sM~pvbr tM p~inclp~l t~d Int~rNt and th~ v~.ious ~nd sundry wnr of moMr WY~ bY viAw of uid Promfs~or'Y r+ot~. ~nd M~N
rt,ort~ap~, NcA ~nd ~vNy, pron~tly on th~ d~y~ ?MP~~Y tM Nwr~llp b~can~ dw.
Z. To phr dl ~nd MnNIM Nw t~. ~wlN. Y~bllhi». obltp~ttar a+d ~ncwnbw~ of ~wry mtun .ed klnd now oe s~W d~wlb~d ~
u~ow~h, ar MMt MrNhar nwY b~ kePo~d wN~n/. P~~ef. IwNd, w ww~d ~h~rwn, a th~t h~r~ahK may be Iwl~d a~~d vpon fhi~ Mata
.y~. or tM Ind~b~~dr»u wa+nd f~u~bp. ~eh ~n~ wKy, wh~n dw snd p~y~bM, aeewdinp ro ww, b~fo~ tMy b~ean~ d~tlepu~W. ~nd b~Mr~ ~np Inhna
"1°~~~ «~^Y P~^~~tY ~ W+um~d: AN~ INSOfAR AS ANY THEREpf IS Oi RKORO THE SAME SMAII SE PRONV?l1f SATISfIEO /lN0 OISCH/lRGfO OF
RECORO AND 111F ORIGIHIAI OffIC1AL DOCUMEl+IT (SUCM AS, FOR INSTANGE, THE TAX RECEIPT OR TME SA?ISFACTION ~MER OFFICIALIY ENOORSEO
OR CERTIFIEO) SMAII OE PIACED IN TME MANDS Of SAIO MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYAAENT; and in tM ~wnf thaf My tMnof p nw ~jj
v.~d. ar:~fi~d ~nd di~durq~d w~d MORTGAGfE en~y ~t a~y tinN piy tM s~~ or ~ny part rl~~of wFthovt waivinp p~ff~ctJrq ~ny option, ~i~n,, puyh, «
unda a b~r virtw of thh morepp~ Md tM fvll amount of ~~eh ~nd w~ry ~ud+ p~yrn~nt ~h~lt b~ ~mm•d;•r.ly dw a~d p.r•bh ~nd ~MII bNr Int~r~n
c,o~+, ~he d~t~ th~nof vntil paid at ~~t~ of ~irn pN e~ntum p~r ~nrwm and rop~tMr w~tl~ aveh im~r~at sMll b~ wtw~Q by fM IMn M M;~ nqeqfp~,
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