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?t~IS INDENTURF, Mada the.~~tt1 day of ~4~II~._ - A.D. 19? ~ between
~ Jerry C. Barlo~e and Aucirey_ G~ Barl~~, his wif~ ~
of _ ~L . Lucie County Flo•id~, hereina(ler d.elgnated ati 1he "N.ORTGAGOR," end FIRSf FEOERAI SAVINGS AhU IOAN
ASS~CIATION OF FORT PIERCE, a c~rporaGon organiud and ~xiNinfl ~nder ihe laws oF the United Stal~s oi America and havin~ its principal placa of
lwsinass tn thn City of fort Pierte, St. lucio Counly, Florida, hereinn(ter dasignated as iha "MORTGAGEE." _
Y~NEREAS the h102TGAGOR i~ jwtly indebted to the M~RTGAGEE in the sum of 5_ 5~1000. ~U ~ood and lawf~l meney of ~he United
States advanced by the MO~AGEE u~ito the MORiGAGOR, as evidenced by a certain promissory nule of even dale herewi?h, of which Ihe fol~owing i~
wads and figure: is a uue opy, ~to~r~l: _
: 50,000.00 No 1Q021393
Fort Pierco, Florida, June 9 ti9 75
For vatue received, I, we or either of us, promise to pay, withovt defalcatio~i, to ~he o?der oi FIRST FEDERAI SAVIP:GS AyD IOAN ASSOCIATION OF
FORT PIERCE at fort Pie~ce, Florida, the iu~n of S-- iO00• 00---- w,ih inte:cst frorn date af ?he ra~r of 75o per an~~um, in monthly inslal!- •
ments as follovn: 5--~~r ~QQ on Iha ~~1 day of ____.~8~2~P~Y2£X 19~~ ar.d a like sum on ~hs correspondinfl day of each month there- '
after until the whole k~ fully paid. .
4ach installment first shall 5e applied in payment of Ihe inlerest and then oi~ tne unpaid balance of Ihe prirtupal sum. default is made in the
payment of any i~~stallme~l when dua, rnd such default caisinves 30 days, then a1 the optfon of 1he holder, and witho~t any other notice, all the temaining
inslstlm~nis shall be duc and Fayable at once. P~ivi!ege is giv,:n Io prepay this note in who?e or in part at any time without penelty. Neithcr totebearante,
nor acceptance by tha holder.thereof aftrr any defautt in any payn,ents hereon, shall 6e deemed exte~sion. A Ia1e payment charge of S 20•6O shall be
~.t~e,~ ~r ..=~ti ;.,~~~It..,.,.,: remainlnr ~,nna;d 7 dayc aNer i~s due da:e, and a iike svni shalt be addrd Io each such instal~ment remaining unpaid 7 days aiter
~ each autteeding paymeM date. ~ ~
Eacfi maker, svrety and endorser hereo(, joimly and severally, waives demand, presantment prottst and notice of prote~~ for nonpaymeM, and further
agrees to any extansion of ?ime of payment, either before o: al~er rtiaturity, wi~heut notice to any oi us; and to pay all costs of colleciion, incl~d~r.g a
reasonabte atromay's fee in threvant of any default hereundzr, and hereby severa~y v~a:ves all benefit of homestead and exemption under the constitution
and laws of etch Sfate of the United Stafas, as ag3inst this obligation or any extension or renewal hereof. . : ~.r ~
# = . ~ , ~
YJitneu the hand and seal of each p~rry. -
_ ~ ~ ~ ~ f ~ ~~,erry_ C. Barlowe cs'enU
~ - _ (SEAt)
• . _ _ . "~S7~~"' :4vdreY G; Barlowe (SEAI? -
- ~ ~2 ' .:1 (SEA!)
7 ,.OCI ) Sta1e Revanue . - . ~ • ' ~ _
. . ' ~ ~ . ir . ~ . . ' - - . -
NOW, THEREF02E, !he MORiGAGOR fo~ the purpose of sec~ring payment of said svm of S 5O ~ 0~0. Q~ and fhe performance of the
wvenants and agreemenrs hereinatter expressed, and for drvers good and vatuabte constde?at~ons, by these presents, dxs grant, ba~gain, sell, rem~se,
tetease, corvey and confirm unto ~he AIORTGAGEE, its successors and ass:gns, all that cartaiA I~t, piccF a~ pa:u! S~ ss:~att, I~in,~, and being in the
Covnty of St. Ll1Gle and State of fbrida, drscribed es follows: ` -
. j ~ ~~3~ -~o a. ~3~- _ -
Lot 1, Block 36, REVISEU PLAT OF UNIT ~10. 5, FORT PIERCE SHORES, as per
plat thereof on file in Plat Book 9, page 36, publie records of St. -
Lucie County, AND ALSO South ~ of VacatQd Osceola Boulevard adjoining
said Lot 1 on north. ~
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O~ 141C tv ~1~R Y; . : ~ - , ' ~
• a C~EYT. t~F
nEti F'Y~?E - ' ~ AESEIVED ~ IFt PAYMENT OF T!U(ES
° ` ~`~'''~il Q~~ ~ - DU£ ON CLASS'C' INTANGIBIE PERSO~iAI PROPEftiY~
: _ _ o~ _ , : = J~ ~ ~ ~ + } _
? ~ ch SPS `~;y~ P41RSlfAN'f TO C~W'fER 71•134, ACTS Of 1911. ~
_ - ~ .z R06Qt ?OfTltll3 ~1
o _
. - OI.ERK C!RCilR CaURTs SF. 1dlC1E C0~ Fl.A, -
_ together with al1 and singular the Ienements, h-reditaments and appurtances thereunto betonging or in anywise apFerfaining thereto, a~d all rent~, issues,
prxeeds and profits accruing and to accrue from ~aid premises, atI of which are intlud~d in the above and foreyaing desuiption and habenetum. -
- TO HAVE AND TO NOLD the above _described and 9raoted `premises unto ihe saFd MQRTGAGEE, iti ~ucceuara and assi~ns fcrever. And the ssid
their
~hORTG~GOR for }:eirs, executort, administrators and assigns, hereby covenants with ihe ssid MORTGAGEE, its sutteswrs ar?d ~uipru,
that they 21Y@ - IawfuUy seized of the said premises i~ fee simplr, that fhe same are frca, dear and dixharged fraT e!I liens ~ed encum-
brances in law or in eq~ity, and tha~ the,y~ will and t~l lY _ heirs shall warrant and defend ibe title to the ume to tfie satd
_ MORTGAGEE, its s~ccesn;rs and assigns, fore~er again;t the lawful claims and demands of all persons; _
PRUVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefore deiuibed and sfiall truty, prwnptly
and fulty perform, d7scharge, execvte, complete, comply with and abide by each and every the ttipufationa, agreements, cor~dition~ and tovenants of aaid
prom::sory note and of this Mortgage, :hen this Mortgage and the Estale hereby created shall tease and be null and voi~. ~~1
IT IS UNDERSTOOD that the word "Mortgag~r"_ whelher in the s+n9srlar or ploral anywherc in ihit Mortgage, ~hall be singular if ons only and ~
sh~ll be plvral jointly and severalty if more then one, and tfiat the ward "their" as u~ed anywhere in this IJlortgage shall be taken to mea~ "his," "htn," ~
or "its," wharever the co~tex? so i~pties or admits. Also, that wherever fhe~e is a reference in ihe tovenanls and agreements hercin rontaina~+ ta any of ~
the part?es hereto, the ume ihall be construed to mean as well as the heirs, fega! representatives, s~ccesx,rt snd as:igns (eittxt voluntary ay sct of the
parties or involuntary by operation of the law) of the same and tha~ the`covenants he~ein contained shall bired and the bsnefitt and advaro~ges irture ~
- to the respective Fr.irs, lega! teprosentatives, succeasors and ass~gns of the parties txreto. -
And taid Mwtgagor~, fcx themselves and their heirs, legal representatives, sutceuws ~nd assiflns, hereby jointly and severally covenant and ~qrse ~
_ - to and witb the said MORTGAGEE, ita succes~o~s and assignr. '
_ 1. To pny all and singular the prirxipal and interest and the various and svndry sums of money payable by virtue of taid promissory note, and this ~
maig~ge, each and every, promptly on tfie days respectively the same uverally become due. _
2. To-pay all and singuta? the tsxes, assessments, levies, liabilities, obligatioos and encvmbr~ntes of.every nature and kind novr on a:d deactibad
property, or that hEreafter may t,e :mposed, suiferrd, placed, levied, w assessed there~n, or tF~at hereafter may be levied er assesied vpon thb Allorty-
sge, w the indebtedness sea~r~d hereby, each and every, wfien due and payable, according to law, before they become delinquent, snd before ~ny interest
anathes or any pe~alty is incurred; AND INSOFAR AS ANY THEREOF IS OP RKORD THE SAME SHAIL 8E PROMP7LY SATISFlED AND 015CHARGfD OF
RECORD AND THE ORIGIhAI OFFICIAI OOCUMENT (SUCH A5, fOR INSIANCE, THE TAX R~CEtPT OR THE SAiISFACTION PAPER OFfIGIAIIY ENDORSED
OR CERTIfiEO) SHAtI 8E PLACED IN THE HAt~IDS OF SAID 1.50RTGAGEE WITHIN TEM DAYS NEXT AFTER ?AYJV4ENT; and in ihe event fhal any thertof is not
paid, satsfied and discharged sa:d 1hCRTGAGfE may aC any t~me pay tha :ame ur any part thereof withovi waiving or affecting any opfion, Iien, equity or
.iqht under or by virtue of this m~rtgage and ths full amovnt of each and every :uch payment shall be immediately d~e and p~yable snd shatl besr intcrest
irom the dat~ thertof untit paid a~ rate of n~ne per centum per annum end togNher w~lh wch interest shall be secvred by the lien of th's +norptspe.