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iHIS IN~ENTURE, Mad~ ?he Sth day of February . n.~. 19 7Q
- betw~en
H. Frank Gower and Marian Gow~er ~ his wif~ " -
of St• l.UC].@ , County Florid~, hereinatr~r desgnaied as the '"MORTGAGUR:' and FIRST FEDERAL SAVINGS ANp IQAN t
ASSOCIATION OF fORT PIERCE, i corpwation orga~ized and exis~~ng urx{er the laws of the Un~ted Statas of America and having ils principa) pi~q of
busin~u in tFw Ciy o1 Fwt Pierce, St. tuci~ Couroy, florida, bereinatter designa~ed as the "MOR(GAGEE:'
WHEREAS Ihe MORTGAGOR is jvitly indebted to the MORTGAGEE in the :~m of S?18~'~ good and lawfui money of the Un~ted
, States advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a:e~te~n prcmissory note of even date herewith, of whith th~ iollowinp in
wordi and figures ii a~.ue copy. ~ow~~: ~ 16 178
` i 7.800.00 ~
t; Fort Pirrce, Florida, February 5 19 70
~ ' .
Fw value reteived, 1, we w either of us, prom~se to pay, without deialcation, to the ord?r of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
7 800.00
FORT PIERCE at Forf Pierce, Florida, the ium of S_ ~ weh inrerest from date at the rate of8• °o per annum, in monthly instal6
mentt at follows: = 68 _ o„ 15th day oi _ MaYCtl _ ~9 7O _ and a like sum o~ the corresponding day of each month there-
after until the whole ~ fully paid.
i Each ins~allment fir~t sAall be appl~rd in payment of the interest und rhen on the ~npaid balance of ~he pr~nc:pal sum. If default is made in fhe
~ payment of any installment wnen due, and s~ih default cont~nues 30 d~ys, thrn at the opr~on of the hoider, a~d without any other no~~ce, all tlx remaining
~ ~nstallments shall be due and payabfe at or.ce. Priviiege is g~ven to prepay ?his note in whole or in part at any t~me witt~out penalty. Neither fwabearante,
l
nor atceptante by the holder thereof after any default in any paymants hereon, shat~ be dz~emed extension. A late payment charge of S- shall be
T; ? a~;. c*a d~~e date, and a i~ke sum shail be a~dad ro each such installment remaining unpaid 7 days after
..c~ i'v ooc~ :...:a. t :~^~E.^.6:y^ - ' - ' -
each svcceeding payment date. ~
Eseh maker, surety and eodorser hereof, jo~ntiy and severally, wa~ves ~c'm3~C~, p~esentn•:ent profest and nofice of prolest for nonpaymeM, and further
agrees to any extens~on ol tirne of payment, eithrr before or eftzr mawriiy, without no!.ce to any of us; and to pay all costs of collection, inctud~ng s
reasonable attorney'a fee in the event of any d<fa~lt hereunde~. and hrr~~~; s~veraliy K'c~r[5 a!i benef~r of homrstead and exemption under the constitWion
and laws of each Slate of the United States, as aya~nst this ob~~gation o~ any exier.sio~ or rener~al hercof.
~ Witness ~he hand aod seal of each party.
F rank Gowe r ~?i~
~S~ •
~ • - tsenu
/s/ Maiian Go~ver ~u f
, c~?u ~
~ ll ~7~ 1 State Revcnue
tStxnps qrxelled on original ncte) '
NOW, THEREFORE, the MORTGAGOR fw !he purpose of secu~~ng payment of said sum of = 7~ 8~'~ and fhe pe?formance of fhe ~
covenants and agreeme.~ts hereinafter expressed, and fw d~vers good and valuable co~s;deratians, by these presents, dces grant, bargain, sell, remise, ~
f
release, convey and confirm unto the MORTGAGEE, its successors and ass~gns, all that cerrain lot, pixe or parcel of land, situate, lying, and being in the ~
Covnty of S t I_ 11G i e - and State of florida, described as follows:
~
t
~
i
t
4
~
Lot 11, Block 2, SOUTI~RN VIEW SiBDIVISION, ~
as per plat thexeof on file in Plat Book
9, Page 45, of the Public Records of St .
~ Luc ie County, Rlorida, ?
!
~ `G
' RECENED - IN PAIfMEM OF TAXES W y, S TA~ i~ oF i- L l? 1-7 I j,jQ• '
~ DUE ON CLASS 'C INTANGIBLE PER90NAL PROPERTY, ~ F- DQCUMENTAo~ SiAMP TpX
5 PURSUANi TO CFiAP'iER 20T1~, AiCTS Of 1941. = FEB-9'70 z°~µ~
~ ROG;R POITRAS, Clerk qrwit Court - ' t? O=
U COMPTROLLER
~ ~s A
ge,~t fot DANIEL N. i~V 0~ W
1 F.
S
r 1 R N -
~ St L~cie Co~ty Tax Collec~o[ P.B.~gof3s =~p,
~
~ ~
~ t
~ together with all and singular the tenemcnts, hereditaments a~d appurtances thereunto belw~ging w in anywise appertaining therefo, and +11 renri, iut?es, {
~ proceeds and profiri xcruing md to accrue f?om said premises, all of which are included in the above ard foregoirg deWiption and habendum.
~ TO HAVE AND iO bOID the above desuibed and granted premises unto the said MORTGAGEE, its successors and auigns forev~r. And tM s~td
MORTGAGOR for thQl r - heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, iri uxcesaws ~nd +ssignt.
~ the are
~ that X lawfully seized of the wid premixs in fee simpte; that tix iame are free, dear and discharped irom all liena and ~wrr
~ brances in lew or in eqvity, and that they W;~~ a~ their shall warrant and defend the title ro the sams to tM s~id
MORTGACaEE, iri succeuors and assi9ns, forever against the lawful daims and demands of all persons;
PROVIDED, ALWAYS that if the MORiCaAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe described and shsll irulY, promptly
end fully perfum, diuMrge, execute, complete, comply with and sbide by each and every the stiputations, sgreements, condii~ora and covena~n of sa~d
promiuwy rote and of this Mo?tgage, t}~e~ this Mortgage and the Estate hereby ueated shall cesx and be null and void.
IT IS UNOERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mortgage, shsll be sinyulu if one only and ~
shall be p~vral joiMly ~nd severally if more than one, and that the wwd '9 heir" as used ~nywhere in this Mortgs9e sMll be pken to mean "ha," "Frn,"
or "its," whereve? the context so implies or admits_ Also, thal wherever there is a referonce in the covenanb end +greements herein contsined ro any of
- the psrfies hereto, the ssme shsll be construed to mesn ai well as the heirs, legal representatives, successas and auigr?s (either vol~ntary by act of th~
puties w involumary by operafion of the law) of the same and that the covenants herein contained shall bind and the benefib and adv~nts~ss inw~ ~
' to the respective hein, legal represeMatives, successas and au~gns of the parties hereto. i
~ Md ssid Mwtgsgors, for themulves and their heirs, legal repreuroatives, successws ~nd suigns, hereby jointiy and severally covenant and ayre~ '
to ud with tM said MORTGAGEE, its svccessors and assigns:
1. To pay all +nd iingvl~r the principal and imerest snd the variovs and sundry wms of money paysble by virtue of ssid promiuory note, ~nd ihis
morfysye, each and every, promPtly on the days respectively the same severaily become due.
Z To pay ~II and ~ingular the taxes, ~ssessmenb, leries, Iiabilities, obligstions and encumbrarxes of every nature and kind now on taid d~scr~ed
' p~operfy, p that hereaftei rn~y be imposed, suffered, placed, levied, or assessed thereon, a that hereafter may be levied w~smsed upor+ this Mortp-
ag~. or the indebtedness secured hereby, each and every, when due snd payable, according to Isw, before they become delinquent, and befw~ any iMaest
'-y attaches o~ any penslty is irxvrred; ANO INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROlMPTLY SATISFIED AND DISCHARGE~ .OF
~ RECORD AND THE ORIGINAL OFfICIAI OOCUMENT 15UCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPFE' OFFICIALIY ENDORSEO
OR CERTIFIED) SHALL BE PLACED IN iHE HANDS OF SAI~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the evem thsttany thereof is not
paid, sst'sfied and diuharged u;d MORTGAGEE r.uy at any t~me psy the same w any part tFxreof withovt waiving or affecting any opt~n, lien, equify or
~ipht under o? by virt~e of this mortgage and the (ull amou~t of each and every such payment shsll be immediately due and payable and ~MII bear intetest
~rom the date thereof until paid at rate of nine per centum per anny~n ~nd t r with s c i erest shall be secured by the lim of th:t mor~tsQ~.
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