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To F~~v~ +xo -ro ~I~~L~ tiie same, torether ~-ith all and singular ihe ienementg, hereditamenta and appur-
t~enancea thereunto bt~lungin}; or iu anyw~ise. a~pertainic~;, aud tho revenioti an~ reversions, remainder or re-
~ mainders, aiid also all tt~c c~gtate, rigtrt, title, iiitere:~±, ho~nest.ead, dower and right of dower, separatt~ egtate,
poGSes,ion, claiiYi a~id demrind H-tiat~ev~~r, a.~ well in laK tkg in equit~, of i!?e said :~Curtgagor in anci to the same
and e~•er~~ part thereof, with the appurteuances of the said i~iortgt?gor in and to tho same, and every part an~
parcel ttiereof ui~to the said 1lortgagee iu fee simple.
'I'he 11ort~a~;or hereb~~ covenanta w-ith the '~iort~a.Kee, that hh ia indefea~ibly seized of said land in fee
sunple or such other estate, if any, ae is stated herein; tt?at he has full power and lawful ri~;ht to con~ev the sRme
as afc~resaid; that the t?xud is free from ttll enc•un~i,rances ~~xcept a.g t~erein otherw•ise recited; that said~:llortga{.;ar
µ~ill tnake si~ch furiher a.~.~urances to prove the :lforesaid title i~o said land u~ said \lortgagee a.w may be reason-
ablf~ req uired, nnd that said :lfortgagar ~lo~y hereby ftillv w•arrant the title to s~.id tand, and every part tliereof,
and w-ill dcfend the same against the laH~ful claiiiis of a~l per,uns whomsoe~er.
P~zovIDEU :~i.w.~t~s that if the ~fortgagor st~all ~ay unto the illortg~ee thnt certain pmmissory noGe, of
a~hich the folluw~iiig is a aubSCiilltldl cop~ , to wit:
=15,ODU.00 Fort Pierce ,Florida.
December 9th , 19 65.
Fof; ~'~LU~: RECEIVF.D, CF1E UI1t~CC`31~,TIlfC~ ~CU(I11tiE~sj to pt~y to
~~ANGUAitD MO:tTGAGE COMPANY
, a corporation orRanized and existing und~- th~
laws of Flor Ld3 , or order, the prinaipal sum of FLf teeTl Thousand aflc~
No~100 Dollars (a 15,JOG.00 with interest from ciate at
the rate uf F Lve ~c One -Quarter per centum ( 5-,~~ °~o) per iumum on the unpaid balance unt,il paid.
The sa,id principal and interest shall be p~y:ible at the office of
VANGUAttD MORTGAGE COMPANY
ui ri L~~ m L, r 1 o r L d a , or t~t such other place as the holder may designate in writing
deli~•ereci or mailed to the debtor, in monthl~~ installrnents ofELghty Two arid 95/100 --~ollar~
b 2. 9 5 conimencing on the first day of Fe b rua r y , 19 6 6, and c~utinuing on the
first dnv of egch month thereafter until t}us note is fullv paid, except that, if not sooner paid, the final payment
of principal and 'uiterest shall bo du~ and payable on the first day of DeC~mber , 19 95 .
~'rivilege is reserved to prapay et au~ time, without premium or fee the entire indebtednesa or an,y part
thereof not lesa than the amouut of one installment, or one hundred dol~ars ($100.U0), whichever is lesa.
If any deficienc~ in the pa~ment of any installment under this note is not made good prior to the due date
of the neat such installment, t~e entire principal sum and accrued interest shall at once become due and ~ay-
able without notice at the option of the holder of this note. Failure to eaercise thig option shall not constitute
a c~~aiver of the right to exercise the same in the event of any subsequent default. In the event of default in the
payment of th;s note, and if the same ia co:lected by an attorney at law, the undersigned hereby agree(s) to
pay all costs of collection, u~cluding a reasouable attornoy's fee.
This note is secured by mortga~e of even d~te e~ecuted by the undergigned on ccjrt~.in pmperty described
therein and represents money actuall~ used for the acquisiLion of said propertp or the improvemente thereon.
Presentment, protest, and noticA are t~ereby waived.
(State ~7ocumentary Stamps s1__,Cec_il___Fd_ward Jardarf____________. [s~aL]
affixed fio original note Cecil Fi~ward Jo~dan
and cancelled . ) - [s~aL]
s1
__Ella_Ma_rie_Jor~a~.______~______ [S~L]
E11a Marie Jord~n
[sEaL~
And shall duly, proinptly, and full3• perform, di~char~e; c~recute, effect, com~~lete, and comply ~ith and abide
by e~ich and everS~ the stipuiatians, x~reements, conditions, and covenants oi said promissory note and of ,his
rnortgage, then this mat~tgage and the estate hereby created shall cease and be null and void.
'rhe i1~lortgagor further eovenantf; as follows:
1. That he will pay the indebtedness, as hereinbefore provided. Privile~e is reserveci to prepay at any~ time,
without premium or fee, the entire indebtedness or any parG thereof not less thri.n the amount of one inst~llment, or
one hundred dollars (~100.00), whichever is less.
2. In order more fully to prot~ct the ~eecurity of this mortgrs~e, the :~tort~agor, together with, ~nd in addition
to, the monthly payrnents under the terms of the note secured hereby~, oa the fi~t day uf each mouth until the said
note is fully paid, will pay to the :~lortgagee the following sums:
(a) A sum equal to the ground rents, if any, next due, plus the premiums ttiat will next Y,ecome due and payable
on policies of fire and other hazsrd insurance covering the mortga.ged proF.erty, plus taxes and Asaessments
next due on the mortgaged property (all as estunated by tbe :~lortgagee and of which the 1~Iortgagor is
notified) less all sums already paid therefor divided by the number of moiiths to elapse before one month
prior to the date when such ground rents, premiumR, taxes, and assessments will hecame delinquent,
such sums to be held by ~Iortgtfgeeintrusttopaysaidgroundrents,premiums,tazes,andapecialas,gessments.
(E,) ~l~he a~gregate af the amounts payuble pursusnt to subparagraph (a) and those payable on the note secured
hereby, ahall be paad in a single pa~yment ea,ch month, to be applied to the following items in the order
stated :
(I) ground rents, taxes, assessments, fire, and other hazard in~urance premiums;
(iI) interest on the note secured hereby; and
(III) amortization of the principal of snid note.
:~n~~ dc~ficienc~• in the amount of such ag~;re~ate monthl~~ pa3~ment shsll, unless made ~eod b~- the ~fort-
~;a.~or p?•ior tn tiie ~lue ~iate of the n~~xt suc}~ 4~a~•mci~t, r~~istitute an ev~~tit of default u~iaer t~tiis rnortga~e.
:~i \I~rtrag~~e's option, :11ort~n~;or wi11 pay a`•late charge" not exceeding four per centurii (4°,~'0) of any install-
nient w•hen ~sid mc,re than fifteesi (1S) c1a~~s af!er the due date thereof to cover thc extra e~pense invol~•ed in
hanrlling de~inquent ~a~•tnents, but ~i~c~}i "late ct?ar~;e" shall not be pa~~able out of t}?e proceeds of FLIl~' 5AIE?
m~s~lc~ to satisfy- che inc~c~bt~~dness s~~c•ured hereb~•, u~ilc~~~ sucti proceeds are sufficient to disrhar~;e the entire
indeLtecin~~s~ and all proper costs and espenses secureci thereb}~.
~;132 57~
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