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TMIS INDENTURE, M,ade the ~Jtt'i day of _ ' A.D_ 19~.~~., between
i 1~ i am a t s on an d L o i~
C,~ ~~7 a t s o n, h i s w i,~~ _
of it.. 1.~UC @ County Florida, hareinafter de~ignated ea the "MOr2TGAGOR," and FIRST FEOERAL SAVINGS AND LO~N
ASSOCIATION OF fORT PIERCE, a corporation organized and eai~ting under the laws of the United Stetas of America end heving its principat place of
business in tha City of fort Pierce, 5t. lucie County, Florida, her~inefisr designated as the "MORTGAGEE:'
WHEREA5 the MORTGAGOR is justly iitdebted to tha MORTGAGEE in the sum of S~6 e b~U . ~U good and lewfu~ money cf the Un~ted
States advanced by the ,1AORTGAvEE ~nto the MORTGAi'vOR, as evidenced by a certain promissory notz oi r~en dare herewith, or wh,ch thr (oltcwing in
words and ffc~urce is a true copy, towit:
~ a. 6, boo , oo No 1~~~ob
Fort Pierce, Fioride, ~ ~$,y a 19~..5~.~
Fof value received, I, we or elther of us, promiae to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIpN OF
FORT PIERCE at Fort Pierce, florida, the sum of b-~i-_~__Y~_~YY-._._ with imerest from date at the rate of ~__'o pe~ annum, in monihly install-
ments aa fol!ows: S~ 2~;~~! on the ~~1_~ll day of Jld~~' , 19__~2?_ and a like sum on the correspond~ng day of each mcnth inere-
after untii rhe whole be f~lty paid,
Each instaRment first shall be applied in payment of the interest and then on the unpaid batance af the princ~pal ~urn. If default is made in the
payment of any installment when d~e, and such defnuit continues 30 days, tnen at the option of the holder, and without any other notice, all the remain{ng
installments shefl be dua and payabfe ai once. Privilege is given to prepey ihis note in whole o~ in part at any t;ma without penalty. Neither forebearance,
nor acceptance by rhe holder rhereof after any defavlt in any payments heteon, shail be dermed extension. A late payment charge of S~• 6~-, shall be
~dded to each insrallmem remaining unpa~d 7 days after it• due date, and a like surn shall be added ro each such inatallment remaining unpaid 7 days after
each succeeding payment date,
~ach maker, surety and endorser hereof, jo+nrly and severally, waives demand, pre;~ntment protest and notice of protest for nonpayment, and furthe;
agrees to any extension of time of payment, eithrr before or after maturity, without noticP to any of us; and to pay all casis of collection, ir.~lud:ng a
reasenable attorneys fee in tne e~ent of any defauit hereur.der, and hereby xeveraily waives ait benefit of homestead and exemption under the constitufion
and laws of each State uf thz United States, as against this obligation or any extension or renewal hereof.
Witness the hand ard seal of each party.
SI William F~:~:~tson
(SEAL)
51 Lois C. :ti'atson ~SEA«
tSEat)
( S~~~S , 2Q ) State Revanue (5fA1)
(Sfamps cancelled on originai note)
NOW, THEREFORE, the MORTGAGCR for the purpose of securing payment of said sum of j lb ~ bUU • ~U end the performence of the
covenants and agreemeM~ hereinafter e~ep~essed, nnd for diven pood and velueble consioe~ations, by these presents, does grant, bargein, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and aasigns, ail that certain lot, piece or percel of land, situate, lying, and being in the
Caun~y of _ jt . 'LUC 1@ , and State of florida, destribed a• fallows:
~ot 10 anci the Scutl~ 4J f~~t af Lo~ 9, B1cc~~. of TRO:'TJ;L 3: '~CH ~U~i.>~VI-
~IUad, e_s ;;er olar tne~~e~i or~ file in i'l~t ~oo< 9. ai oa?:e ?6, of ~he ~u~iic
~~e~or~s of ~t. Lucie Co~anty, Florida~ more partic~ilarlY descr~bed as
Lot 10 and a11 that nart of 1ot 9 lyiru? w;th~n !t0 feet of the line dividin~
s~id lots 9 and 10, c3lock 2' TROPICAL BEACu S?'3DIVISION~ as ri~r plat
thereof rQCOrcied in plat book 9, naQe 26, of the public re~ords of Sair~t~
L°
Lucie Count,q, Florida, ~
RECEIYED ; ~N !'4YMEFT OF 7A7(ES
DUE O!r' CLASS'C' IN7A!IGIBLF PERS'~yAL PR','~.PERTY,
pURSUAN7 70 CHAPTER 20724. ACTS GF 1941,
W STA~ ~ ~F ~ L U i c~ 1 l.~ 1~ ` ROGcR POIIRAS, G1erk Cirt:rit Gourt
~ 2 D~CUMEN.TAa-`':_rSTA~'~ 1 AX as A~ent far CUR715 M, lAMES
~ St. lucio _ 7ax Coli~ci~
~ nA131'S5 ` t~.j ~
0 = _~t'~~3_s~~.~
y U = Z~ Z Q= gY DEPU7Y CLERIC
CCt~P7ROllER
R~.i9D138 cd~~ -
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~ scgether with all and singufar the tenements, hereditaments and appurtancea ihereunto belonging or in enywise eppertaining therelo, and all rents, isaues,
proceeds and ptofits accruing and to accrue from sa~d prcmises, alt of which are included in the abvve and foregoiny de~cription and hab+~ndum.
, TO HAVE AND TO HOi9 the above described and granfed premises unto the taid MORTGAGEE, its successors snd assignt forevar. And the said
F hM1OfiTGAGOR for ~~=~-~Y'---- hairs, cxecvtora, admiai~trabrs and assigns, hertby covenanti with the said M~RTGAGEE, ita suteessors and as~igns,
that --~y~
-~Y=--~'~'~- lawfully seind of the said premises in fee ~imple; that the same are free, ctear and distharged from all iiens and encum-
brances in I~w or in equ~ty, and tfiat t~e-`~ will and _ t~%A heir• shall warrent end defend tha titlc to rfie seme to the said
MORTGAGEE, its successors and a~signs, forever against the lawful slaims anc~ demands of al{ persons;
PROV~DED, ALWAYS that if the MORTGAGOR shal! pay unto tht MGRTGAGEE the p!omiasory nota hereinbefore destribed and shall truly, ~ro.~npily
and fully perform, discharge, exewte, complete, tomply with and abide by each end every the stipulations, agrrements, corditionr and covenarns of said
- prom;ssory note and of this Mortgage, then this Mortgage and ihe Estate here6y created shall ceau and be null and voic3.
IT IS UNDERSTpOD thet the word "Mertgagor" wnether in the singuler or ~lural enywhere in this Mortgage, shail be ~ingular if one o~ly and
' shatl be plura! jointly end teveraliy if more than o~~e, and mat the word "theit" as used anywhere in thit Mortgage •hall be taken to mean "his," "hers,"
or "its," whe~ever the conteat so implies or admits. Alsc, that wherever tfiero is • reference in the covenants and egreements herein conta~ned to any of
the parties Fereto, the same ahall be construed to mean a• weN as the htir~, legal rtprcicntativei, ~utcessors and asaigns (sithet voluntary by act of the
parties ar involuntery by operation of the law) of the same and that the tovenant3 herein contained ~fiall bind and the benefita and advantages inure
to the retpective heirs, lega! reF~esentatives, auccesaors and ass°gns of the partie~ hereto.
And said Mortgagars, for themaelves and their heirs, (egat represantatives, successart and acsigna, hereEy jointly and uverally covenant and agree
ro and with the said MORTGAGEE, its wccessori and asaigns:
l. To pay ail and singular tne principal and interest and the various and sundry sums of money payablc b~~ virtue of said promissory note, and this
martgage, each and avery, promptly on the days respectively the same severafly become duti,
2. To pay all ard singular the taxes, as?essments, tevies, (iabiiities, obligationf end encumbrences of evtry nature and kind now on said de~tribed
pro~erty, or that hereafter may be imposed, suffered, plated, levied, or auessed ihereon, or lhat hereefter may be levied or assessed upon ihis Mortq•
ege, or the indebtedness sccured hereby, each and every: whan due and payable, xcording to law, before they become delinqucnt, and before any interest
attaches or any pertalty is incurred; AND lNSCFAR AS ANY THEREOF 15 Of RECORD THE SAME 5liAlL BE pROMPTIY SATISFIED ANO DISCFIARGED Of
RECORD AND THE ORIGINAL OfFiC1Al DOtUMEN7 (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER O~FtCIAILY ENDORSED
GR CERTIfiED) SHAtI BE PLAC4D IN iHE HANOS Of SAtp MORiGAGEE WITHIN 7EP1 DAYS NEXT AF7ER PAYMENT; and in >he event that eny ihereof is nof
paicl, sat sfied and discharged sa'd MO~ZTGAGEE may ar any time pey ihe same or eny part tfiereuf without waiving or affect;ng any optiun, lien, equiTy or
•~qht ~nder or 6y virr~e oi this mortgage and the f~ll amount oi each and every such payment SFIdII I~C immediately due and payable and shatt bear interest
~rom, ~ne dare rh~recf untii pa:d a+ .are ot n~ne per c~ntum per annum and tagether wlrh svch interest ~hall be sec~red 'oy ihe lien of rh's morgtage.
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