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TMI= INDENTURE, IN~ tM 13 t h d~y ~ Fe b r u~? r y A.D. 19_~~, b~tw~
Wit2iam W. Arnalci anci Eunice Ann Arnol~. his wife
of SL ,+~.UC1@ ~n~y Florid~, Mr~in~hN dHiQn~red a~ ~M "MOR7GAGOR;' ~nd iIRST FEDERAI SAVINGS AND IOAN
ASSOCIA?ION OF FQRT PIERGE. ~ oapa~tia+ apu+is~d ~nd ~ahti.q und~. ~M I~ws oi tl+~ Un~~~d Su~a of Am~ric~ ~~d Mvinp iq princip~l pl~ of
buuna~ M tM CHy of foA tMra. St. l~cl~ County. f1aW~. M~~in~fe~r dt~pn~t~d as ?h~ "MORTG/1GEE.••
WHEREAS tM MORTG/?GOR i~ jwtly ind~bNd to tM MORTGAGff in MN sum of =84 ~~O. 00 Q~ ~~wfy~ ~yyr ~ 1~ ~M
S~aea ~dv~nc~d by rM MORTGAGEE unto tM MORTGAGOit, ~vid~nc~d by • c~n~in promiuay ~ot~ of ev~n d~t~ AKhr?itA, of wAid~ 1h~ NIIM4r M?
wotd~ ~~d (pwN N• trW aoPY~ lowit:
~ts4,000.00 ~ 01-23025578
Fet~ruary 13
Fc:t Vierce, ?tw~d~, 19 7H
Fw valw r~c~iv~d. 1, w~. a•irMr of v~. promis~ to p~y, wi~Acu~ det~tcar~on. to ?1?e ade~ o( NRST iEDERAL SAVINGS ANO LOAN ASSOCUTION
Of FpRT PIERCE ~t Fat Pi~rca, ftwid+, tM ~um of 3-~~ • OOO tOO w~th intere~t fran dat~ ~t fM r~t~ of 75 9f. pK ~ru+um, in
mon~hly ~nar•Il.n~nts ~s fo~~wrs: s 690. 61 p, ~1,~ IO~h d~y of A~r 11 191~._ ~nd a lik~ ~um on
rhe cwrespond~nq d~y of ~~ch month tMrsaftN until the whol~ be tully p~id. ~
Each ~n~~~ll,n~ne fint ~MII b~ ~ppl~ed in p~ymenr of fht iM~rf11 •nd ?h~n on ~M ue+pa~d bd~nc~ of tM p~inc~pat ~um. tf d~f~vlt is m~d~
~M paym~nt of ~ny imtalfmMt wf+~~ du~. •nd auch def~~ft continw~ 30 d~yi. th~n it the optwn of ti» holder, ~nd without ~~y otAt~ notict.
n;l ~he rem~ininp in~tallm~m~ thall b~ dw ~nd pay~Ele a~ once. P.iviley~ is yiv~n to prepay ihii nore in whoN a in p~~t ~t a~y tirn~ wifhouf
penalty. NtitMr fwb~u~nu, nor ~u~panc~ by ~M Aold~r thN~of ~ftw any d~(~ult i~ ~ny peymen? he+~on, shall b~ d~~mcd ~xumicn. A lat~
vayme~t cfiarye of = 34 . 53 shatl be ~ise~s~d ~M 2M1~ d~y of the ~+a++A. if •+eQul~r buiineu d~y, o?, if rwf •~pul~r buiin~u d~y.
rhen rhe Mxt bu~in~u day, on ~~ch monthly irur~llment nol tMe nceiv~d.
Each maker, wnry ae+d endor~ Mr~of, joinrly and sevasAy, waivp den+ar+d, presenrment protest and notio~ of protest for nonp~yment, ~nd
F~rther agrcn ~o ~ny ext~n~iw+ of tim~ of psymN+~, •~tMr bef~.~ or •h~r m~turity, wirha.t nor;cs ro a~y of vs; ~nd ro pay ~!1 co~» of coll~ction,
~~cluding • re~son~ble ~ttorn~y'a ft~ in fM ~r~nt ot any default hereund~a, and hereby uverally waives •11 b~n~fit of homNtead ~nd ~x~mp~ion und~r
rhe coostirution snd I~ws of Nch St~t~ of tF» United 5r~t~s, painsr this oblip~~bn a ~ny e,c~«+sio~ a r~w~l M~eof.
s1William W, Arnolc~
S~ate docu~n)ary ~(amps in Mw arnOVnr (SEAl1
of = tco.vv /F.~n;.,o Ann Arnol~i rcc~t~
effi:ed to tAf mOApap~ NCW~d M?~bY- _(SEA[t
NOW, THEREFORE, tM MORTCsAGOR for the pu.pos~ of securinq payment of u~d s~m of s~'~ + O~0 . OU ,~nd th~ p~rformar~ of tM
cov~nann ~nd pr.~m«,n I+~rei~.h.r ~xpreued. ~nd fw d~ven qood ~nd vslu~ble comide.af~on~. by tI~ pr~nta, do~s pr~nt, b~rp~in, NII, r~mise.
releas~, conv~y and confirT unro tM MORTGAGEE, in ~ucceuors ~nd +»pnr. etl tt~af ce.t~~n bt. piea a puoel of land. ~itwt~, lylnp, ~nd b~inp in th~
~ SL ."llC ie .nd St.» of flwid., d.wib~d •s fdlowa:
The Sauth ~ of the Northeast of the Northeast 4 of the SouthWest ~ of Section 30, -
ToWnship 35 South, Range 1t0 East, St. Iucie Countq, Florida; to ether With the East
l~10.00 feet of the South ~ of the Northeast ~ of the SouthWest ~ of said Section 30,
and the North 70.00 feet of tfie East t~10.00 feet of the North ~ of the Southeast 9
of the Southxest ~ of said Section 30. Sub~ect to drainage canals, easements, righLs-
of-xays, and any other restrictions of record containing 12.1 f~ acres. ?
AND pLSp All that part of the F~ of the N~ of the~NF3~ of the SW~ of Section 30, Township
35 South, Range 40 East, lping South of the center line of 10 Mile Creek (Canal ~71); less
and excepting all rights of xay for public roads and drainage canals ?
By agreement of Hortgagor and Mortgagee on fi2e With Mortgagee, the aithin mortgage se-
cures not only an existing inaebtedness, but also ADVANCES to be HEREAFTER made by I~3ortgagee
to I~Sortgagor the aggregate of ~rhich Will equal the principal amount specified in the pro-
missory nate secured hereby.
_
ReCeived a - i--
; - t; ~ -1 ; ~ - - ~ ~ue On ~bss ~n RaYntsnt
• , : ~ : t' • - ; ~ r; . ~ ~ ~ursue?1 "C.. ~~~,~~ble ~ T~~
. , . _ , , , ; , _ ~ t To Chapter 71, ~ ~~petly,
.
~ _ . . : r ~ ( 2 S. ; t '~'F~• ~~GER POtTq,qS
s a 1871.,
- - - W ' Ci.
, ;a' Co~rt. Si. t~ ~l''t
- - S c~e, Co.. Fta.
~ge;her w~th •q and ~inpular tM t~m~nn, hsr~ditam~nb snd appunanccs tlxr~unto belwyiny w in ~nywis~ ~ppNt~inlny fh~r~fo, dl nnt~, lwu~a,
c•oceeds and profN~ accruinp and to ~ccrw from s~id pr~m~ses. all of which ue ~nclud~d i~ tM ~bov~ ~nd fwpoinp dacrlption ~nd 1?~bMdwe,
TO HAVE ANO TO MOLD tM ~bow deserib~d •nd ~nnt~d p.~misM unro tlw s~id MORTGAGEE, i» sucuswn u+d usipew forw~r. Md th~ ~afd
!~oRTGAGOR for thE' iZ F~in, ~x~cuton, ~dmiaistr~tw~ ~n,! ~~i~yni. Mr~by cown~nq witfi the ~aid NWRTG/IGEE, ih woc~on ~nd aalp~r,
,~e1 _ they are ~~~ully qiz~d of tM s~id p«misu in f~e simpte; that tM sam~ sr~ frN, cl~~r ~nd dt~clwrpd fran l4ry ~nd ~ncum~
c-ances in bw a in pvity, ~nd tMt the~_ wttl ~nd the i r ah.u w..n,+r a+d d.f.nd th. r~r~. a th...m. ~ rh. aw
uORiGAGEE, it~ sucusson ~nd ~uipro, fw~v~r pdrnt tM ~~wf~1 claim~ ~nd dem~nd~ of •II penwa;
PROVIDE~, AlWAYS tMt if tM MORTGAGOR ~11 p~y unto th~ MORTGAGEE tM prorn~uory oot~ ner~inb~~w~ oewio~a ~r,o ~:,:n k~; ~
e~~d fully p~rform, d~~cl+Wp~. ~,ucv?~, eaenpl~t~, eomply wi~F~ ~nd ~b~de by e~ch ~nd ~v~ryr the a~ipul~rions, prNm~nrs, eondFrtoer and ~nb of uid
.-o.~~swry no~~ ind of this Morspp~, tMn thb AAon9~ ~nd tM E~qa ha~by ue~t~d aF»II c~af~ ~nd b~ rwll ~ad void.
tT IS uNDERSTOOD thn th~ word "Mortp~por" wMtMr in th~ ~inyular w plwd enywFw~~ in thia Matyay~. ~hall b~ ~k~pul~r If on~ ony ~nd
+ha,i be plural join~ly ~nd Nv~r~liy If mo.s tha~ aw. ~nd rha~ the wo.d "the~r•• wed ~nywher~ ie this Nbrtyaq~ sMll b~ t~k~n to mssn "hb,•• •7rr~;• t„c
••~rs." «,h~rw~r tM cont~xt w Implin or admits. Also, th~t wMr~v~r ther~ i? • r~ftren« in the cov~M~ ~nd ~ptNm~eM~ FNr~in aonf~IrNd Io ~ny pf o
+he partie~ hsr~to, t!w ~srew aMll b~ tonat~v~d to m~~n q w~ll tM Min, ~1 r v~
Ip pres~ntnivt~, succ~fwn and aisLprM (~ftl~u voluntary by ~ct of tf» ac
,:are;e~ w inwtunt~ry by oper~tion of th~ bw) of th~ ~~me ~nd thae th~ coverunn hersin com~in~d ahall bind •nd rh~ ba+.fi» ~nd .dv~mapM Inw~ ~
~o r?,e reap~diw h~in. {p~l r~p~nt~tiws, wcce~wn ~nd ~N~M of th~ p~ni~s he.ao. -
And s~id Mo.tyayon. fw th~mNivN u~d tMi~ Min. Ipal repr~NnNfivH, wcCeuori ~~d ~uipm. h~r~by jantly ~nd ~sv~rslty tov~n~nt ~~d prN ~
s•.d w~ih rh~ ~a~d MpRTGAGfE. ~rs ~uccNwn ~nd a~tyns:
1. To p~y •II ~nd ~inpular tM pri~cip~l ~nd inMre~t ~nd rh~ v~r+ous ~nd wnd.y N•n~s o+ mon~Y P~yibl~ by virtw oi uid pomiswry not~, ~nd thh ~
~..,-~e. e~ch ~nd wNy, promptly on tM d~ya re~p~tt~v~ly ti» ~ame s~v~r~lly beccwn~ dw. rn
Y ~o pay •II •nd Hnqul~r tM t~aes. ~astam~nb, I~riff, li~bil~ne~. obl~y~rons .nd ~nu..~,b.~~e~ of ~very n~tur~ ~nd kind now on ~~{d dNCrib~d
ry. a t~a~ Mre~hn rrwy b~ impos~d. suffN~d. Pl~ced. I~vied. or •steued rr~en,o,:. or rMe here~Ao~ may be levi~d a~~w~Nd upon ihls Motfp-
, • t~s irwcuted~es~ ~ecur~d her~by. ~~ch ~n0 wNy, wl»~ dw ~nd p~:able. +cc:.rdiny to I~w•. I.~fw~ they b~com~ dsiinqwnt. ~nd b~fa~ u~y lntant ~
_s o: ~ny penal+y ~s inevrred; ANO 1NSOFAR AS ANY THEREOf IS OF RKORO THE SA~.tiE S?UU EE PRONWTLY SATISffEO AND OISCHARGfD Of
-'=~~tL AND iHE ORIGINAI OfFIC1Al OOCUMFNT (SUCM AS, f~R INiSiANCE, THE TAX RECEIP! OR THE SAi1SiACT10N PAPER OifICIALIY ENDORSEO
CERTIFIED) SHAII OE PtACED IN THE HAkDS OF SAID MORTGAGEE WITMM TEN DAYS NEXi AF1ER /AYMENT; ~nd in tl+~ w~nt that any thK~of E~ not
; sat ~fied •nd d~schuped u:d MORTGAGEE m~y ~t •ny tim~ p~y th~ ~snw m~ny p~rt thenof withovt waivinp w•ff~cti~Q ~ny option, li~n, ~quity or
:,~der or by viiwe ol thi~ morrpaq~ ~nd the full •mount of e~ch •nd ~.e.y svch paym~m sh~ll ba ~mmed~a~ely du• •nd p~y~bh tI1~II bN1 IfI1NN~
~he d~te th~repf until paid a~ ~~tt o~ nln~ p~r u~t~m per •nnum •nd roq~~h~r wnh •LCh ~n~eres~ shrll bs tec~~~d b/ tM (i~n o~ ~h.~ morytp~.
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