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THIS INDENTtME. M+de the d~y of Ma~ - - A.D. 19_~1~ between
, Gr~dv Wi.laon Tyner and Thelma J. Tyner, hi$ wife _ ~
of Sa~nt r+uCle County Florida, Mreinafter d~signated e~ Thr "MORTGAGOR," and FIRST FEDERAL SAVINGS ~ND LOAN
ASSOCIA?iON OF FORT PIERCE, a corporation orpanized and existirefl under tha laws of the United Stata~ of America and having itt principal placa of
bu~ln~u in tM City of Fort Pi~rca, St. Lucie County, Florida, hereinafter de+iynated as th~ "MOR7GAGE:."
WHEREAS tM MORTGAGOR is jv~tly indebted ro ihs MORTGAGEE in the sum of .
i 50. ~Q good and lewful money of thr United
' States ~dvanced by the MORTGAGEE untu the MORTGAGOR, a3 evidenced by a certain promissory note of even date herewith, of wh:ch the following in
wordsLa~d ~7q~jr.s~i~a trua copY, fo-wii: No12~'785
~ O 1 U
Fort Pierce, Flwida, .._~?a~ -
For velue reoeived, 1, wa or either of us, prom~se ro, ~pany, without defalcation, to the order of FIRST FEDERAL SALVINGS AND LOAN ASSOC.IATION OF
FORT PIERCE at fortLPie~rce, Florida, the su~m Cof S,-,~i~iT `~~th interest from date at fhe rete of _52~ _;o per anRUm, in monthly install-
ments as follows: S~.~La~ on the.l~Std~ day of _st~1~-, 19~ and a like sum on the correspanding day of each month there-
alter umil the whola be fully paid.
Each instellment first shall be appliPd in payment ot the interest and then on the unpaid belence of the princ~pel sum. If default ia mede in the
payment of any instal~ment when due, and such defeult continue~ 30 days, then at the option of the holder, and without any other not~ce, all the rernaining
installments shall be d~e and payable at once. Privilege i~ given to prepay this note in whole or in part at any time without penalty. Neither forebearance,
nor acceptance by thr holder thereof after any default in any payment~ hereon, shall be deemed eatension. A late payment charge of S~, shall be
added to each installment remaining unpaid 7 day~ after its due date, and a like eum shall be added to each xuch insta{Iment remaining unpaid 7 days after
eath succeeding payment date.
Each maker, surety and endoraer hereof, jo~ntly and severally, waivea demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extension of time of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of collectian, including a
reasonable attomey's fee in the event of any default hereurder, and hereby severally waives all benefit of homestead and exemption under the canstitution
and laws of each State of tt~e United States, as against this obligation or any extensien or renewal hereof.
Witness the hand and seal of eech party.
s Grady Wilson Tyner ssEa~~
s TYielma J. Tyner ~s€a~~
(SEAL)
(SEAL)
; ~ 3~ ~ State Revenue
(Stamps tentelled on origina! note) L
NOW, TWFREFORE, the MORTGAGOR for the purpose of securin~ payment of :aid aum of S~.y--.~.'~'~~ n~ and the performance nf the
covenants and agreements hereinafte~ expressed, and for divers good snd valusble consideret:oni, by these presents, does grant, bargain, aelf, remiie,
reiease, convey and confirm unto the MORTGAGEE, its succeasors and suignt, all that certain lot, piete or parcel of (and, situt!e, lyi~g, and being in fhe
Couny of Saint LLl~~Q and State of Floride, dacribed ~s fal(owt:
The North 70 feet of Lots 2L~ and 25, of PALM.ETTO PARK StTBDIVISION, as
per plat thereof on fil.e in Plat Book 4s at paqe 64, of the rublic record~
of Saint Lucie Count~, Florida,~
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6C~'`~'~~~ #•~~,,.QR-~V1"i~ RECEIYED f ~N ~AVN~NTQfTA~~
V~ ~.I~LsY~^ v TAM DUE OH CLA55'C' INTA~I~l9Lf T~E4~r.)NAL RROP~R~'~
~ p ^ PUR~UAHY'Q CHAPTER 20724. FCTE ~F 1M1,
a j = flRltP66 ~ R~.~ R~~ Ct_rk Circuit C~urt
~ 9 3 0~ as Agent f~r "U TIS M• ~AMES
~ N v cpt~tpl~t4tlER~~ _ ~t. ~~ie C nty 7ax Coll tor
~ RB.~eo~ne ,
~
` 8y u~~urr c~wc
~ together with all and ting~tlar the tenementa, hereditamentt and appurtsn<es thereunto belonging or in enywiae appertaininQ thereto, and all rent~, i:sues,
preceeds and profits accvuing end to accrue from said premi~ei, alI of which are included in the ebova ~nd foregoing description end aben ~m.
i
~ TO HAVE AND TO HOLD the above describad and grantrd oremi~es unto the taid MORTGAGEE, its succeiiors and •ssiyn~ forever. And the said
MGR7GAGOR for thei~r executors, administratn~s and atsig~s, hereby tovenants with the said MORiGAGEE, ita suttessors and auigru,
~ that t~i~-X--'~r-~--- lawful;y ieized nf the :aid premi~es in fee simp;e; that the same are free, clser and ditcharged from ail liena snd enc~m-
brence: in taw or in equity, and that_~ will end t e~~ hein shall warrant and defend the iitle to the sams to the tai~
! MORiGAGEE, its successcra and eu+gns, forever sgein~t tha lawful claima and demandt of all perwns;
PROVIDED, ALWAYS that if the MORTGAG4R shall pay unto the MORTGAGEE the promiasory rtote hereinbrfore described and shsll truly, prornA~~Y
and fully perform, discharge, execute, tomplete, comply with and abide by each end every ehe ~tioulations, agreements, conditions and tovrnants of said
promissory note snd of thi~ Mortgege, then fhis Mortgage and the Estate hereby created ~hall ceau and be null and void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in ths ~ingular or plural anywhere in this MwtgagQ, ahall be singuler if one only end
tihall be plural jointly and Feverolly if more than one, snd that ?he word "their" ai ufed anywhers in 1hi~ Morfgsge shall be takrn to mean "his," "hen,"
or "its," wherever the contaxt w implies or edmits. Also, that wherever there is ~ teferente in the covenants an~ sgreemants herein contained to any of
~ the partins hereto, the iame ~hall be constr~ed to mean as well as the heirs, leqel rrprese~tativeb tutcessors and aasigns (either vnluntery by act of the
~ partiss or involuntary by operation of the law) of rhe •ame and that :he covenant• harein to~tainecl st~all bind and tha Fxnefifs and adven!aqes inure
C to the re~pective heirs, legal ropresentatives, •uccetsors and as~~gns of the perties hereta.
f And said Mortgegors, for rhemulves and their heirt, legal repreas~talives, succei:or• and asaigns, fiereby jointly and :everolly covenant and agree
to dr.d with the taid MORTGAGEE, its successors and assigns:
~ L To pey sll and •inpular the prirxipsl and interest ind the varioua and ~~ndry sumi of money payabla by vinue of sald promissory note, ar,d thh
~ mortgage, esch •nd every, promptly on the dsys respeciively tht sama sewrolly become due.
2. 1o pay •II and ~ingu!er thr taxes, asses:menri, levies, liabilities, ob~ig+tion~ end anc~mbrsnces of every natvre and kind now on seid destribed
property, or thet hereefter may ba imp~cd, suffered, plated, levied, or auested thereon, w ihst Isaresfter mey be levied or sue~?ed upon thi• Mortq-
sge, or tha indebtedne3~ secured hereby, each and ~very, when due and payable, accordirty to law, befnre they btcome dal%nguent, and before any interest
nttazhes or any pe~slty is incurred; ANO IN50fAR AS ANY THEREOF IS OF RKORD THE SAME SWAII BE PROMPTLY SATlSf1ED AND DlSCHARGED OF
RECORD AND THE ORIGINAI OFFICIAL DGCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACIIUN FAPtR OhtICIAIIY tNUVKJ[U
OR CERTIfIED) SHAI! BE PLACEO IN THE HANDS OF SAID MORTGAGEE VViTHIN TEN DAYS NEXT AFfER PAYMENT; and in the event that any therrof it noi
paid, sat'ified and discharged sa;d MdRTGAGEE may at any time pay rhe sartx or any part therrof withovt waiving or affecting any option, lien, equity or
.iQht unda or by virtue of this mortgage and rhe fufi amo~nt of each and every suth payment shaN bt immediately due and payable and shall bear i~teresr
<<om the dat~ thereof until paid a~ reta of ntnc oer cen!~m pcr annum and togrther with such interest shail be sccurcd 6y the !ien of th's morgtage.
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