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~ 'HI$ INDENTUR~, ,41ade the. ___~~.LL______ ~ay o! _~~3.1L1~-
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a__~,:.;;~-__~n c~ :~~ry Anrl Sk a~~ s. `.ii~____~t.~_~~.
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~ of St. ~t1_~~C._l~_ , Cour.ty Florida, hereinafte~ de~~nated as the "MORTGAGOR,' and FIR51 FEDERAI SAV~NG~ Ay0 LOAN
~ ASSOCIATION OF FORT PIERCE, a curporat~on organized and existin9 under the laws of the United Statos of America a~d having ifs p•incipal place of
busineso in tM City of Fort Pierce, St. Lvcie Counry, flor'rde, he~einafter des~qnated aa the "MORiGAGEF.°
WNEREAS the Mt7RiGAGOR is jusHy ;ndebted to the MORiGAGeE in the sum of s 10~ ~U_ good and lawtui money oi ~h~. Un:ted
States advanced by the MORTGAGEE unro the MORTGAGOR, as evide~czd by a:erta~n promissory note of ~ven date here~;tn, o! .~h ch rfie foi(owirg ~n
word? and figures is a true copy, to•wit:
= 10, ~00.00 ho. t~ 3t~
fort Pisrce, Fbrida, ~UnB V th _19~~
For valuz received, I, w~ or eithu of us, promise tc, pay, wishq~t defalcation, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF
fGRT PIERCE at Fort Pierce, Florida, rhe svm of S--1
(~.Q~_....~--- wrth interest from date ~t the rate of ~,.2_~jo per annum, In monthly instali-
menrs as fol!aws: E_li~Q~QQ~. on the ~~2.rerldey of 'T'~ 14f1}._.- and a I~ke sum on the cor.espond~ng day of each month therz-
aitrr umil the who(e be fuliy paid.
Each ~nstall:nent First shall be applled in payment of the intrrest and than on the urpaid baiance of th~ piinc;pal sum. If defau!t is made in the
pa~inrm of any instalirnent when due, and such defauit continues 30 days, then at the opt~on of the holder, and without any other notke, all the remain;ny
;nsraltmenrs shail be due a~;d payabla ar once. Privilege is given to prepay this note in whole or in part at any tlme withovf penaHy. Ne~ithcr forebearance,
nor acceptance by fhe holder theraof after any default in any pa~-ment~ hereon, shall be deemed exte~sion. A late payment charge of 51! -QQ , shall be
ad~led to each installm2nt remain~ng unpa~d 7 days after its d~e date, and a like sum shali be addad to each such installmei~t remaining unpaid 7 dayt after
each succeeding payment date.
cach maker, surery and endorser hereof, ;ointly and severafly, waives demand, prese~tmenr prolest and r.o~;ce of protest for nonpayrnent, and further
agrees to any extens~on of time of payment, either be(ore or after maturity, without notlce to any of ~s; and to pay all costs of collection, includ:ng a
reasonable attornay's fee in the event of any defauit hereunder, and hereby severally waives all benefit of homestead and examption under the constituticn
and laws of each Stare of rhe United States, as against this obligation or any extension or renewnl hereof.
W~tness the hand and seal of each party.
/s/ M. B. Skaggs ~s~Ai>
ls/ _M~ry ~nn Skag~,4 ~5~,a~~
- (SfAi)
( 1"~r.~ j State Revenue (SEAL)
(Stamp~ tencel~eci on original note)
NO'~l, THEREFORE, the MORTGAGOR fer the purpose of securing p~yment of said sum of j ~ ~~~~0. , and the performence of the
covenants end ag~eements Fereinafter expressed, and for di~en good and valueble considerotionti, by these presents, does grent, barga~n, sell, rem;se,
release, conv y and onfirrr~ unto the MORTGAGEE, its aucceasors and assigns, all that ctrtain lot, piece or parce! of land, situate, lying, and being in ihe
Cou~ty of ~ t• ~u C 1 e and State of floride, described es foilowi:
From the intersection of tl~e ;~est R/'~! of U.S. #1 anci the North line of Lot 11,
RussAll~s subdi~risian as per plat book page 18b, St. Lucie Coun~y, rlorida;
run Southeasterly alon~ said right-of-way line ?_1~ feet to trie point of
be~inning, ti~ence cantinue along said right-of-wa;~ 131.97 fLet to the sauth
- line ~f ~roresaid L~t ll, thence on a baak anF~le of 72°53' run West 96.57
feet to ~h~ East ri~;ht-af-way of ftidge Haven Road, thPnce run P;orthwesterly
alon; said Egs~ rignt-of-way line 1±~4.34 feet, thence run L'asterly llj.9
feet to the po~nt of beginning. All the above ~~cing in tne S.W.~,~ of
S~ct ~ on 28, Townsnip 34 South, Ran~e [.10 'Last.
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hEtEiYED i_ " n IN ~AYMENtOF?AXES ~s .l " `
DUE ON CLA5~'C' INT4`(~IFiLc PE~SO^14L PROF"eliTy, w~ ~ N~ E~F ~ i_~ ~ UM
PtJRSUaN7 Tc ~~+nr 7~ a:c; -r~ ~ ~ ti~at, v f- DQCUMENTA~`~ STiaMP TAX
ROG : ~ ~ K ~ - _
~:R CI rk ~ir ~ urt ~ JUM11'65~`'S -
os A~i~nt f.:r 1!S M. JA:' ~ v = C O~_
St, lucie ount ;ox Collector y c~V~TRO~tE~ h:'`-- v ~
Nfj.190138 ~at~c~:~.
r` C~.c~ ..n~
dy~ a£~unr c~c~c
~ togetner wifh ail and singular the tanements, hereditaments and appurtar.ces thereunto beionging or in anywise appertaining thereto, and all rents, issues,
j proceeds and profits accruing ~n~ to accrue from said premises, all of which are inuuded in the above and forefloiny description and habendum.
R 70 HAVE ANa 70 ~lOLD the above described and granted premises ~nto the said MOR'fGAGEE, its successors and as:igns forever. Ar.`I the ~aid
f MORTGAGOR for ---t;-`~'1 r-_ heirs, er.ecuton, administrators and assigrs, hereby cavenar.ts with the seid MORTGAGEE, it~ suc[essors end assig~s,
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~ that ~he~__ a~_e ,awf~,,~Y seized of rhe said arem;~es in iee simple; that the same are free, dear and diicharged From a!I lieni and encum-
brances in taw or in equ+ty, an~ rhat~l8.~? will and ~ r~ c? ir he~rs shall werram and defend the title to the same to the said
MCP.TGAGEE, its successors and assigns, forever against the lawtul clsims and demands of alt persons;
~ FRU' Vip~D, ALY`JAYS thAt if Ihe MORTGAGOR shai! pay unfo !he MOR7.riAGEE the prornisiory note F~ereint>efore described and shall truly, Fromptly
~ ~ and fufly perform, distharge, execure, comptete, camp!y with and abide by each and every the stioulations. agreements, r.urd'+ticns and cpvenants of said
~ cromisso:y note and of this Mortgage, rhen this Mortgage and the Eatate hereby created shall cease and be null and void.
, I~ IS UNGERSTOOD that the word "Mortgagor^ ,whether in the sing~lar or plurat anywhere in this Mortgage, shall be singular if one only and
shaii be p'ural jointly and xverolty if more Then o~e, end thaf the word "their" aa u:ed anywherc in th~s Mortgage shall be taken to mean "hii," "hers,"
or "its," wherever the context so ~mplies or admit3. Also, that wherever there is a reference in the covenants and agreements herein ccntained to any of
the parties hereto, the same shait be construed to mean as wel~ as the heirs, Isgat representatives, successors and assigns (either voluntary by art of the
parries or involuntery by operafion o4 the faw) of the same and that the covenants hereirs contained ahell bir,d and th~ benefits and advantagss inure
~o the respective heirs, legal repreaentafives, succeuors anrJ asi'gns of the parties hereto.
And said Mortgagori, for themselves and their heirs: iega! representativr,s, successora and asxigns, hereby jointly and severally covenanr end agree
+o and with the said N10RTGAGEE, its succe~sors artd assigns:
l. io pay all and singulnr the prir~cipai and intetest and the various and sundry sums of money payable by virtue of said promissory note, and fhis
~no~rgage, each and every, promptly on the days respectively the same severally become due.
2. To pay ell and fingutar the taxes, assessments, ievies, liabilities, ooligation~ and encumbroncei of every na~ure and kind r.ow on said detcribed
p~6~Crty, or rhat hereafter may be +m~.osed, suffe~ed, pleced, levicd, or auesaed thereon, or 9hat her~after may be levied or as~esscd upon thif N4ortg-
age, o~ fhe indebtedness iecured hereby, each end every, when due and payabie, atcording to law, before thcy become delinquent, and befare any interes~
attaches or any penalty is incurred; ANO INSdfRR AS ANY TkEREOf IS OF RKORD THE SAME SHAII 9E 7ROMP7LY SATiSFIED AUD D15CHARGEO Of
RECORD AND THE c)RIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REC€IPT QR THE SATISfACTION PAPER OfFICIAIIY ENDORSED
OR CERTIFIED) $HALL BE PIACED IN THE NANDS OF SAID MORTGAGEE WiTHIN TEN bAY5 NEXT AFTER PAYAhENT; and in the event that any thereaf is rtot
oa~d, sa~ sf;ed and discharged sa'd MORTGAGEE may a} any r~me pay the same or any part thereof without waiv~ng or affecting any option, lien, eq~isy or
~iqh~ ~ndzr or by v~rtve of rh~s mo~rgage and rhe fuit amo~n± of each and «ve~y such payment shall be immed"+ately dve and payable and siial~ bear interes+
'~e^, r6~• da!e r'r,e~eof ._n!li na d a~ ;a~e o° n r, ee~ cen~~,~~ ~e~ n~num aqd (~sgG~h~r.;~h such ;nt a h!I be seeu~ed by the lien ~f th's morgtage.
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