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THIS lNDEhTURf, Made the ~nd day or _ J~ue?ry _ _ A.D. 19~_ , t~rr.een
John B. Potvinl Jr. and Shirl ~ R. Potv _ h3s__~.$____V
of St~ ~.1iC~Q CouNy Flonda, here.naire~ d.•s g~~`~~~ d as ~hu '7.~ORTGAGOR,°`~:~d HRST ffUiRAI SAV~NGS AND IOAN
ASSOCIATION OF FORT PtERCE, a corporat~on organized and ex,s~~~:y ~nder r`~e laws of ihe Un~ied Sta~rt of Amerlca and hav~ng its principal place of
businass in the City of fort Pierce, St. lucie Couroy, Florida, hern~nef~er des:gnated as the "MORfGAGcE."
WNEREAS the MORTGAGOR is justly indebted to the h10RTGAGiE in thr sum of _lbt~~'~ gcod and ~a~«iu! ~o:~y ot rhe Un;led
S~>tes advancad by the fAOR(GAGEE unto thz MQkTGAGUR, as r~~e~enc_d by a ce~te~n pro:n~sscry note ui ~.rn date harewah, oi vrh.ch the ioifowing in
words and figures is a true copy, to-wit:
s 16:600.00 ~o_ 16,130
fort P~e~ce, ftor~da, `l~u~y 2 19 7O
Fw vatue received, 1, we or e~lher of us, pron::se to pay, w~+i,o~~e .lefa:coi.o~~. to ~he ;•:Irr of flRST FEDERA! SAVlNGS AND LOAN ASSOCIATtON Of
~ORT PIERCE a~ Fort Piarce, Florida, the sum of 5--16~6~~~Q-- - ri~'h ;,..:,s• rrc-~~, date ar ti~_~ r~tc of8~a5', prr annum, ~n monthly install-
~~~ents as fo!!~ws: S_-~42~~__ a„t,e~5th_ a,Y of Rqbru~,r~ ,,9' ~0 aad a:~l.r su:~i en ~hr co~r~spond,ng day of rach momh there-
ertcr until the whole be lully pa~d.
Eath instali~nent first shal~ be app!iad in payment of 1he int~reir and n,cn ,.n r~~~~ ;:•,;•,:~3 i;al,•,:e of the c~~~•~c F;al sum. If defautt is made in ?i o
F~ayment of any installmenl when due, and wth difauff con~ii~~es 30 d±ws, then at t!,e opr.~n of ~):e ha.d•^, and .v;~ho,~t any othrr not,ce, ai{ the remainmg ~
;+~stalLnents shail br due and payabie at ontc. Priwle~e is y~.~n to prrpay tnis ~ute ~n whc'e or in part ~t ,:n~ s.:~~e witt~o~t penalry_ Nc~~l~er forebearance,
r.or acceptance by ~he holder thereof afrar any d.;fauit in any p~rn,~~~s ter.~o~, sh31t be daer:,rd P%?dnS~Cn. A iarr parment char9e of 57~10-_, shal: Ee
~dded to etch instailmant remaining unpa~d 7 days after its d~z date, and a i,:e w~n :~,a:l be ~,clef•:d >a c.•ch such ,ns:;umrnt re~ns~n~ng unN3id 7 days aftar
each succeeding paymen~ date.
Each maker, wrety and endorser hwrof, joint~y and sw.~ra~ly. ~va:ves de^~,~~:i, p~r~,;_r~ pror~~st .,~~d no+:ce of p.otesl for ,•o~;~ay:n_nt, and further
agrees to any extc~sion of tinie of payment, either b_fore or ~tr_r :.~~,tu:ny, v.ir.,out r,.•.c_~ to , of •,s; a~~~ +o i.,y a:! c~srs of co!iaction, int~vd;ng a
r~asonable atrorney's fee in the evcnf of any drfau:t h<reu~~~f_•r. a~.! h~•r~by s• s., ,,1._~:~~~~.• ef i,om,s'_sd and exempt~on cr.der the constitution
and laws of each $tate oi the Un~tcd States, as aga~ns~ tLis oL:~ga~~an or any. e~R+~~:~s:cn or r<•~~~v.ai hrrcef.
_ 1Nitness the hand and seal of ;ach partv.
(SEAt)
/s/ Shirl ey R . Potv~n (SEAI)
Za'~ ) Sfate Revenue (SEAL)
(
NOW, THEREFORE, the NtORTGAGOR for the pwaose of securi~g payment of sa~d svm of S 16~~0~~ , and fhe performaoce of the
covenaMS and agr~ments heremaiter expressed, and fo~ d~vers goed a~~d vaiua6'e cons~dera!Vons, by these presents, dces g~aro, bargain, sell, remise,
releau, convey and conf~rm unto the MORTGAGEE, its wccessors ar,d a;s:gns, all t}wr crr.a+n ~ot, p;ece or partei of land, sit~ate, lying, and being in the
Counry of st. Lueie , artd S~afe of Flo~ida, deicnbed as foilows:
As a point of reference commence at a concrete aanument, in the north line of
Lot 78 of Maravilla Subdivision 200* WQSt of the west right of way of Sunrise
Boulevard; thence coatinue on said north linQ N 89~33'42" W e? distance of
349.86 fQet to a point; theACe S 00~41' 25" B., a distaACe of 316' to the point
of begin~aing and the northeast corr~er of that pa?rcel of land desiqna?ted as
Lot 2, Block B on a plat entitled Pioneer Pazk, approved by the City of Fort
Pierce, January 26, 1959; thencQ continue along same oeurse a distaace of 79~
to the SB corner of said Lot 2; thence N. 89°33'42'• W., a distance of 125• to
tha_SW co~rner of said Lot 2 and the east zight of way of S~it Street; thence
along said east right of xay, N. 00°42~25" W., ~9 feet to tb~ NW corner of
said Lot 2~ Ll~ence S 89°33'42" B., a distaace of 125' to the point of beginniny,-
ALSO DBSCRIBED AS Lat 2, Block "B", pIQdBBR PARK, as per plat thexeof recorded
in Plat Book 11, Page 39, of the public records of St. Lucie County, Florida,
- RECE^.~FD c ~ ~ . ~ G 1!! ?A"!"E',`T ~ ~YES
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<<,,_ ~t. L~~;;, C~u:.t~ Tax Collector
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togethe? with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertain~~rc~~d all rents, issues,
proceeds and profits accruirg and to accrue from said premises, all of which are included in the above and foregoing dexription and habendum.
70 HAYE ANiJO aOID the above described and granted premises unto the said MORTGAGEE, its successws and assigns forever. And the said
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MORTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suctessoas and a~i~gru,
the are
that y------- lawfully seized of the said premius in fee simple; that the same are free, clear and discharged from all liens and encum-
brances in law or in equity, and that t~y will and _ t~l r _ heirs shall warrant and defend the title to the same to the said
MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shafl pay unto the MORTGAGEE the promisswy note he~einbefore deuribed and shall truly, promptly
and fully perfwm, d~uha~ge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditio~s and covenants of said
promissory note and of this Mongage, then this Mortgage and the Estate hereby created shall cease and be null and void.
IT (S UNDERSTOpp that the word "Mortgagor" whethes in the s~ngula~ or plural anywhere in th~s Mortgage, shall be singular if one only and
shall be plvral jointly and xverally if more than one, and that the word "their" as used anywhere in th+s Mwtgage shall be taken to mean "his;' "hers,"
or "its;' wherever the context so impl~es or admits. A(so, that wherever there is a reference in the covenants and agreements he~ein contained to any of
the parsies hereto, the same shall be construed to mean as well as the heirs, legal representatives, svccessors and assigns (either voluntary by sd of the
parties or involumary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure
to the respective heirs, leqal representatives, successors and ass~gns of the parties herero.
And said Mortgagors, for thrmselves and their heirs, legal representa!ives, successors and a:signs, hereby jointly and xverally covenant and agree
to and with the said MORTGAGEE, its successws and ass~gns:
1. To pay all and si~gular tFre principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this
matgage, each and every, promprly on the days respecf:vely fhe same severally become due.
2. To pay all and singvla~ the taxes, assessments, levies, liabilities, o6ligations and encumbrarxes of every nature and kind now on said dtxribed
prope?ty, or thst herea(ter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied w assessed upon this Mortg~
age, w the indebtedness secured hereby, each and every, when due and payable, accord"eng to law, before tF~ey become delinquenl, and before ~ny interest
attzches o? any penatty is incurred; AND INSpFAR AS ANY THEREOF IS OF R[CORD THE SAME SHAIL BE PROMPTIY SATISFIED AND DISCHARGEO OF i
RECORD AND THE ORIGItJAI OFfICIAL DOCUr'~tENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFIClAttY fNDORSFD
OR CERTIFIED) SHAII BE PLACEU IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS N~XT AFTER PAYMENT; and in the event that any thereof is not ~
paid, saYsfied and discharged sa:d MORiGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, eqvity w
•7aht under or by virtue of this mo~tgage and the fu~t amount of each and every such payment shall be immed~ately due and payable and shall bear interest
~-om the date thereof until pald at ra~e of n~ne per cemum per annvm and toge~her w~th wch interest shaj~ tZe s cu ed by the lien of th's morgtage.
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