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TNIS INDENTURE. Made Ihe l~th day of .~UT1P _ A.D. 19,? ~ between f
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_!,,il.liam t~~ f;eaure~ard anci ~;eraldine__?.3e~ure~_~ax,c]__his~~ri.i.Fe____,~___.____ i
of St . 1_l1C 1(' County florida, hereinafter designa~ed as Ihe 'Y.tOR1GAGOR," and FIRS( FEpERAI SAVINGS AND IOAN (
ASSOCIATION Of fORT PIERtE, a cotporatro~ organized a~d existing undor ihe Idw1 oF the Un~ted StatQS of America and having its principai place of ;
businosi in the City of fort Pierca, St. l~cia County, Florida, hereinafter das~gnate~ as ~ha "MORTGAGEE.° ~
WHEREA$ the h10RTGAGOR is justiy indebted to the A10RiGAGfE in Ihe sum o( S-~;~QQ~Q---. 9ood and lawful money of iho UnAed '
Stales advanced by the 110RIGAGEE un~o the /.!ORTG~GOR, as evidencrd by a<ena:~~ pronunsory note of even date herewith, of wnich the (ollowing in
words and figures Is a t~uc copy, Ia~ik ~
s,~~ n.~n ~0 1300n068
- Fo~t Pirrce, florlda. .7UTlP 13 ~q 75 i
~ for va!ue reteived, I, wr or cithe~ of vs, prumise 1o pay, without delalca~~on: to tFv order e4 fIRSi FEDERAI SAVINGS AnD IOAN ASSOCIATION Of
FORT PIF.RCE a~ Fcrt Vierce, f.orida, the w~n of ~ 3~!_~~~'~~ ~ti'~~ti~ ~~~~•=~est from date at the rata of ~~'~o per annum, in monthly install-
ments as fo1!ows: ~__2
S~ un ?he ,'~Ot~ day of _S~•'Pt~UCY _ ~y _7 5 and a like sum on the co~respc~iding day of each month there-
ailer entil ~h~ who!e be tuily paid.
Each installmenl first shaU be appiied in payment oi the interest and tnen on. the un~~aid balance of !he princ~pal sum. If de(aulf is mnde in the ~
paymen~ of any instal;nient when due, ar,d such :iefauti continues 30 d~ys, then at ~he option of Ihe hotder, a~d without any other not~ce, all the remaining ;
instai?ments shati ba 3~e and F~ayao;r a1 onca. Privil~gc is g+v~n to przpay Ihis nofe in whote or in part at any time wilhoW penalty. Neither (Orebearance, ~
nor acceptance by the ho!~Izr thereol after an~ default in any payments hereon, shall be deemed extension. A late payment tharge of 3 1~ ~ shall be ~
ad~ed 1o each installme~t remain~ng unpaid 7 days afier i!: due dnte, and a like wm shaH be added io each such installmeM remaining unpaid 7 dayt after
tach succeeding payn:enl date.
Each maker, s~rety and -endorser hereof, jointly and severatiy, ~va~ves demand, presenlment protest ar.d notite of protest for nonpayment, and. further _ ~
agrees to any exrer.sion of ti~~e of paymenl, either before or aiter maturity, Wf1h~U~ not~ce to any of us; and to pay aU costs of collection, includ~ng a ~
reasonable attorn•_y's (ee ~n the ee~eni of any drfau:t hereund-cr, and hereby se+erally vraives all benefi! of homestead and exemption under Ihe constitution i
_ and laws of each State o( the Un;ted States, as agair~st this obGgation or any eztension or renewat hereof. ~
Witness tha hand and seal of each party.
s/t•Iilliam Reaure~ard ~SEat~ ~ . . ~
' • Ir'~ i LI 7 ~ vrt I 1 (SEAL) .
. ' ~ • • • s C'~era ldine F3eaure~a rd
(SEAI)
~ - . . . . ~ _ (SEAL)
fi
4 S. 9Q__) State Revenue ' . • ~
(Sta+,?p?~a«~e4k+J-ow~riginaF-ne~e~ . • ' .
" NOW, THEREfORE, the MORIGAGOR fc~ the purpose of sFcu~ing payme~t oi sai~ sum of = 3~~QO ~n~ , and the performance of Ihe ~
covenants and agreen;ents hers;nafter expressc~d, and (or d~vers good an~ valuabfe cons~d~rations, by these preseMS, dces gran~, b~rga~n, se11, remise, }
release, comey and confirm unto the f.IORTGAGEE, its succeisors and assigns, all ihat cer~ain lot, piece or parcel oi_lartd, sit~ate, lying, and being in the ~
CouNy of ~t.~ I uClE' _ a~id State of Florida, daecrlbed as follows:
Lot 3b~ and the P.orth Z/2 of I_at 37, l~lock 11, IT~'DYA?V 1~IVER EST~TES, IJi~it 2 ~
_ as recoYcled in Plat Book 10, Pac~e ~r6, of the puUlic recortis of ~
St . Lucie: County~ ~'loricla ~~'.1 ~ • l~' ~i`- ~~~.'~i`~
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. ~ - _ ' AECE(VED ' ~ IN PAY!11EHT CF TAXES ~
_ - , . ' - . ~ O~V CI.ASS'~ IN79NGt~tE PERSOr:i: ~_R(Y~ . ~
- RSUAtiT TO Ct1APiER 71-13l, ACTS u'r ~y,i. F
' _ - r~c~t aarrtus /~'l~ '
_ CLERK CIRCUIT COURT, ST. ~t~~E ~
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together w:th all xnd singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining thertto, and all tents, issues, •
prxaeds and pr~f~ts accruing and :o accrue from said premises, all of which are incl~ded in the above and foregoing desuiption and habendum. }
;
TO NAVE AND TO NOID :he above described and granted premises vnto the said MORTGAGfE, its successors and assigns forever. And fhe iaid !
their
MORTGAGOR for heirs, execulors, administrators and assigns, he~eby covenants with tha said MORTGAGEE, its svtcessors and ataigns,
the are
that --Y------- lawfully seized of the said prem~ses in fee simple; that the same arc free, clear and_ discha:ged from all liens and enevm-
brances in lew or in equ~ty, and ihat the~~ yy~~~ and their heirs shall warrant and defend the title to tFe same to the said
~SAORTGAGEE, its successors and assigns, forever against tlie larvful claims and demands af all persons; _
PROVIDfU, ALY/AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note ~ereinbefore dexribed and shall t~~ly, promptly
and fuily perform, discharge, execute, complete, comply with rnd abide by each and every the stipulations, agreemenis, conditions and tovenants of said
promissory note and of this Mortaage, then this ~Jlortgage and ths Es~ate hereby created shall cease and be nvll and void. ~O
IT IS UtJDERSTOOD that the word "Mortgagor" whelher in the sing~lar ot plura! anywhere in this Mwtgage, shall be singular if one only and
shall be plurel jointly and severally if more than one, and that the word "their".as used anywhere in thit Morfgage shatl be taken te mean "his;' "hers;'
ar "its," wherever the contezt so implies c+r admits_ Also, that wherever there is a reference in the covenante and agreements herein containtd to any of
the parlies he:eto, Ihe same shatl be sonstr~ed to mean as we~l a• the heirs, legal representatives, successor: and assigns (eithe~ vol~ntaty by act of the ~
parties or involuntary by operation of the law) of the same and that. the covenants herein tontained shall bind and the benefits and advantages inurt ~ ~
to Ihe respective hei~s, tegal representatives, successor: and ass'gns of the parties he~eto. ~
A~d said Mortgagors, :or lhemselves and their heirs, legat representaiives, s~ccessors snd assigns, hereby jaiMly and sevErally coven~nt and agree ~
ta and with the said MORTGAGEE, its s~ccessors and assigns: -
1. To pay all and singular the principal and interest and the various and svndry sums of money payable by virtue of iaid promissory note, and this ~ ~
mortgage, each end every, promptly on the days respKtively the same seve?ally become due. "
2. To pay all and singular the taxes, assessments, levies, liabilities, oWigations and encvmbrances of every nat~re and kind now on ssid described
property, w that hereafter may be imposed, suffered, plated, levied, or assessed thereon, w Ihat hereafter may 6a levied or asiesud upon this Nbrty _
age, o~ Ihe indebtrdness secured hersby, rach and every, when due and payable, according to law, before they become delinque~t, snd befare ~ny intereit
attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOf !S OF RKORD THE SAME SHAIt SE PROMPILY SATISFIED AND DISCHARGED OF _
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATiSfACT10N PAPE~t OfFIGALtY EN~ORSE~
OR CERTIFIED) SHAII BE PLACEU IN THE HANRS OF SAID r.10RTGAGEE WITHIN TEN DAYS tvEXT AFiER PAYMENT; and in the event that eny thereof ii nof ~
paid, sat'sfied and discharged sa'd IJIORTGAGfE may at any time pay the same or any part thereof without waiving or af(ecting a~y option, lien, eqvity or
.iqh1 under or by virtve of this morlgage and ~he Eull amount of eath and every sucF payment shal~ be immediateiy due and payable and shsll beat interesl ~
trom the date thereof ~nt~l paid at rate of n~ne per centum per annum and together w~th such interest shall be secured by the lien of th:i morgfsge.