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THIS INDENTURE, Made ,i+e_ lath _ day of _ idOVA}xib9r A.D. 1V_ 62berwa+n
_ -~~ra ~ _ ems an err a damsi. his k~Pe = _ ~ __
of t • uC ~ County Fforkla, Mnlnaftar designated as tM "MORTGAGOR," and FIRST FEDERAL SP.VINGS AND LOAN
3 ASSOCIATION OF FORT PIERCE, a corporation orpanizacl and oxbtinp under tM laws of tM United Staten of Amerka and Mving Its principal plat. of
~ busirsow In tM City of Fart Pierce, St. rlccla Gwrsty, Flalda, Isarainaftar dwlynstod a tM "lYyOR~~~Ea.oo
WHEREf.S tM MOkTGAGOfi b jsntiy Irsdebted to tM MORTGAGEE to tM sdm of ~ b P good end lawful mon.y of the United
Ste+~: advarxed by the MORTGAGEE unto tM MORTGAGOR, u evidenced by a certain promissory note of oven deco herewith, of which tM following In
wor a f ure s a irw copy, to-wit: '
~• , ~, 50~ ~d -
a Fort Pi.rce, Flaida, TtOTlt3M~,6r 2a ~-~
Q` For value received, I, we or either of us, promiyt f~oya wjo defaltrtion, to tM order of FIRST FEDERAL SLAVIJJGS AND LOAN ASSOCIATION O~
FORT PIERCE at Fort Pierce, FI ride, the sum of S b , V . U with Inte~res~t from date at th. rata ofd • (~ 96 par annum, In monthly install-
ments ea follows: 3 a2 on tM l~thdsy of Januar~ 19~- end • like sum on tM corresponding day of each month the:a-
aftar until the whole be fully paid.
Each installment first shall be applied in payment of the Interest and than on tM unpsid balance of the principal sum. If defsuit 4 mac;ie in the
payment of any instalimeii when due, and such default continues 30 drys, then at 1M option of the holder, end without any other notice, all 1M remaining
installments shell be due and payable at ones. Privilege is given to prepay this note in whole or in part st any time without penalty. Neit~r (gr~beerance,
roe acceptance by iM holder thereof after any default In any payments Mreon, shall be deemed extension. A Itts payment charge of Z- ~~ j_j ,shell be
edd:d to each Installment remaining unpaid 7 days attar iri dw date, and a like sum shall be added to each such installment renuinihp unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorser hereof, (ointly and severally, waives demand, presentment protest and notice of protest for rwnpeyment, and furtixr
egress to any extmsbn of time of payment, either before a after maturity, without notice to any of us; end to pay ell costs of co;IccGori, including a
reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under tM constitutUn
and laws of each Stale of the Unttad States, as against this obligation or any extension or renewal Mraof.
witness tM hand and seal of each party. /g/ FRED Fe ADAMS
(SEAL)
~s~ DORRI S D e ADAMS (SEAL)
(SEAL)
(SEAL)
( b • ~~ 1 Stsie Rwenw
(Stamps uincelled on original note) 6 , 5 0o e O(~
NOW, THEREFORE, tM MORTGAGOR for tM purpo-a of securing payment of aid sum of 9 7 and the performance of the
covenants and aprwments Mreinafter expressed, and for diwn good and valuable considerations, by tihsse preaenh, dws grant, bargain, fell, remise,
release, :envoy and confirm unto the MORTGAGEE, iri succeswrs and assigns, all that certain lot, place a parcel of land, situate, lying, and being Ir, 1M
County of gt • Lucie and State of Fbrida, described as follcwa:
Lot a, Block 3, ELDCRADO SUBDIVISION, as per
plat thereof on file in Plat Book 8, page 2,
public records of St. Lucie Coanty, Florida
D `~
together with ail and singuiar the tenemenri, hereditamenri and appurtsnces thereunto belonging or in anywise appertaining thereto, end ell rents, Rsues,
pr«eeds and profits accruing and to eecrue from said premises, all of which era included in the above and foregoing desviption and habendvm.
TO HAVE AND TO HOLA the above described and granted promises unto tM said MORTGAGEE, its successors and assigns forever. And the sold
MORTGAGOR for ~ hain, exevvton, administrators and assigns, Mraby eovenanis with the said MORTGAGEE, itt successors and ssaigrs,
that _-~~geg-~~- lawfully wized of the said promises in fee simple; that tM soma are free, clear and discharged from all liens end encum-
brances in Isw or in equity, and that tht3g will end their Mln af,all warrant and defend 1M hrle to the soma to tM said
MORTGAGEE, its successors and assigns, forever against 1M lawful claims and demands of ail persons;
PROVIDED, ALWO,YS that if tM MORTGAGOR sMll pay unto tM MORTGAGEE the promissory rota Mreinbefwe described and shall truly, promptly
and fully perform, discharge, execute, complete, comply with end abide by each and every the stipulations, agreements, conditions and covenants of said
promissory note and of this Mortgage, then this Mortgage ar.d tM Estate hereby coated shall cease and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether In the singular or plural anywhere In this Mortgage, shall bs singular if one only end
thall M plural jointly and severally if more than one, and that tM word "their" es used anywhere (n this Mortgage shall be taken to mean "his;' "hers;'
or "ifs," wherever 5M context so implies or admits. Also, that wherever there is a reference ir. the covenants and agreements herein contained to any of
the parties hereto, the soma shall be construed to msen as well as the Mirs, legal representatives, svccessort end eas+gns (either voluntary by act of tM
parties or involuntary by operation of the law) of tM same end that the covenants herein ca,tained shell bind and the cenefitc end advantages inure
to the ~eapectiw hairs, legal ropresentetives, succesaon and enigna of 1M psrties Mreto.
And said 1Aortgaaors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agree
to end with 1M said MORTGAGEE, its successors end assigns:
1. To pay ell and sing+lar the principal and Interact end the various and sundry sums of r:,onay payable by virtue of told promissory note, and this
mortgage, each and every, promptly on 1M days respectively !hs tame severally become due.
2. To pay ail and singular the texas, euessmenis, levies, Ifabllities, obligations and encumbrarxas of every nature and kind now on said described
property, or that Mrea!ter may bs imposed, suffered, placed, levied, or accosted thereon, or tMt Mreatte• r..ay be levied a assessed uoon this Mortg•
age, or the Indebtedn'gss. aecurad hereby, each and every, when due and paysble, according to Isw, before they become delinquent, and before any interest
c'i_chee c: any Fenalt; is ir.currcd; A\D I!dSOEAR P.S ANY THEREOF IS Of RECORD THE SAME SHALL BE PROMPi'Y SATISFIED A^iD DISCHARGED OF
RECORD A"~D TH'c ORIGi`:AL OFFICL4L DGCUMENT (SUCH AS, FOR INSTANCE, THE TAX RcCE1PT OR THE SATISFACTION PARER OFFICIALLY ENDORSED
02 CERTIFIED) SH!•.LL 3: PLACID I\ THE HANDS OF SAID iORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
p.i ;I. ;at~sfied arJ discharged sold MORTGAGEE may at any time pay the carne rx any part thereof without waiving or affecting any o{,tion, Ilan, eyu~ty or
r;ht under cr oy virtu? e! this mortgage and the full a.novnt of each and every such payment shall be immediately due and paya6la and shall bear interest
L•cm the date thereof until f.a:d at rota of nine per cenh~m per annum and together wah wch interest shall bs secured by the lien of th;s morggage.
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