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TMIS INOFNTURE, !k~ tl» ~2th day pf ~~i~' A.D. 19~Q., ba?wNn
GreUOrv L. :.awson and J~rie F'. ~atvson~his SVl~ea
of St. Lucie ~~~~y j~p~~ ~~~~Ft~r de~gnated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ~
ASSOCIATION OF fpRT PIERCE, ~ corporatia+ a9ar.e:ed and ea~~~~ng ueder th~ laws of tM Un~trd Sta~a Of Am4fiG~ and Mviop iri princip~t plac~ of
buiirwss in tl» City of Fort Pi~rc~, St. Luci~ County, Florida, het~inafitr desgnated as th~ "MQRiGAGEE:' }
1NHEREAS t!?~ MORTGAGOR is jtnrly indebted W ttk MORIGAGEE in the sum af S 9 i~OO• 4O good a~d lawr~vt neoiky cf the United ~
Statts advanc~d by tM MORTGAGfE v~~o ths MORTGAGOR, as evidenced by • ce+tain promissory note of even date herewith, of which the followinp in
wwd~ ~nd fi~ures is a trw copY. towir.
~ 9.SOn.00 1~,3~4
~ Fo~r P~~~.. F~a~. June 12 . ~q ?Q
Fw valw ~eceivad, 1, we o? either of us, promise to pay, wi~hout defalcatia+, to ~he order of FIRST FEUERAL SAVINGS ANO IOAM ASSOCIATION OF
FORT PIERCE at Fort Pierce florida, the sum of S 9~ 500•0O _ w;th ~nterest (rom date at the rata of 8•~SOXo per annum, in monthly install-
meMS ~s follows: Z 84 • on the 15th ,~y of - -JBIT , 19_~~ and a like sum on the cwrespnndirg day of each mon~h the~e-
after until the whole be f~lly paid;
Eath installnxnt firat shatl be appiied in payncent of the interest and then on !he unpaid balance of the princ~pa) sum. If default is made in the ~
payment of any irqtallmenl whe~ due, and such defautt continues 3~J days, then at the option of the holder, and withart anr other notice, all the remaini~g
1nst+1lmeMS shall be due a~ payabk at once. Privilege is given to prepay this note in whole or in part at any t~me without penalty. Meither {orebearance,
nor atceptante by the holder thereof after any defautt in any payments Aereon, shai! be daemed extension. A late payment tharge of s'4•20 shsll be
added to each itutallment remaining unpaid 7 days after iK due date, and a like sum shall be added ~o each s~ch installment remaining unpaid 7 days after
each sutteeding paymtnt date.
E~th rt?akN, surety a~d endorser hereof, joinlly and severatly, waivas dzmand, presenfinent protesf and notice of p?otest for rtonpayme~t, and further
ag~ees fo any extension of time of payment, either befiore w after maturity, wishout notice to any of us; and to pay all costa of collettion, indudinp s
reasonabk attot~ey i fee in the event of any defautt hereunder, and hereby se~eralty w•aives all beneFit of homestead and exemption under fhe eoMtitvfiot~
and laws of eath Stale of the United States, as against this obligatioo or any extenslon or renewat hereof. ' •
Wtness tl~e hand and sea! of eath pa??y.
_ S~ Gzeqorv L,. La~vson ~ ~~u
(s~nU
S/ Jane F. Lawson ~p
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c ~ I4 . 2 5 t Stat~ Reve~ue
NOW, THEREFORE, the MORTGAfiOR for the purpose of securing payment of uid sur11 of S 9 s 500. ~0 snd the perfwma~ca of tM
coven.nK ~nd agreemenn herei,~after e~c{xeucd, and for divers good and valuabEe cona+derat~ons, by these p?esents, does graot, bargain, sell, remise,
releass, convey and confirm unto the MORTGAGEE, its suueawrs and"auigns, all fhat certain lot, piece or parcel of (and, situate, lying, and being in the
CouMy of St. L-ucie . and State of Fbrida, dexribed as follows:
°egin at the interseetion of the center lines:of Oleander Avenue and 6th Street as
set forth in the Plat of White City, now on file in Plat Book 1, at page 23, of
the Public Records of St. Lucie County, Florida, thence run East 660 feet to Point
of eeginning; Thence continue fiast 100 feet; thence vorth 120 feet; thence t7est
100 feet; thence South 120 feet to Point of IIec~inning, be~Lng otherwise cIescribed
~s Lot 4, of an Unrecorded Piat of Baker's Subdivision~f
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- S`qNJ T~ CE~' IHTIl,yG18 ~M PAYMENT
FCG_ '~?~~R 2072~ ~~~Hq~ p ~ TAXE$
4~ 's'~ ~{~L ~F r L u t-~ t u A R%a,,~, C!f!~ ~iS pF 1~rt10FERiy~
s.~ ~ DDCtA~NTA~-~STAMP TAY ~~8esrt fo~ ~pry
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togetF~M with alt and singvlar the ter~emenrs, hereditamenta and appv~tancea tFxreunto belonging w in anywise ippertsieing therefo, a~d all re~fs, iuuea„
procseds and pwfits acuu'ug and to acc?ue from said prem;ses, all of wFi~ch are inctuded in tM above and forega~g description and habendum.
TO HAVE AND TO HO}D the sbove deuribed a~d grented promises u~to the said /NORTGAGEE, its successws a~d auigrn forever. Md tfr said
MORTGAGOR for their ~~n, executors, administratws and assigns, hereby covenants with the said MORTGAGEE, its successors srd uti~s,
they are -
tMt Iawfully seized of the aaid premixs in fee simple; that the same are iree, dear and discharyed from all lieM and entwn-
branps in Iaw w in eqvity, snd that they W~~~ a~ their heirs shal! warran! and defend ths title to tF~e sams to the s~id
MORiGAGEE, iri svuessors and auigns, fosever against"tne lawful claims and demands of all pe?sons;
PROVIDED, AlWAYS tMt if the.MORTGAGOR shall pey unto the MORTGAGEE the promissory note hereinbefore dexribed and shsll huly, prpnptly
and fuUy perfwm, d'~schsrge, exewte, compkte, comply with and abide by each and every the stipulations, agreemenri, conditiaa and coven~nts of said
promistpy rwle ar~d of this Mortgage, then this Mortgsge and the Estate hereby ueated shall cease and be null and void. 1
IT IS UNOERSTOOD that tAe wad "Mortgagor' wF?ether in the singular w plural anywhere in this Nlortgage, shall be sirgular if ons only and
skall be pl~ral jantly ~nd uveralfy if mwe than one, and that the wad ^their" as used anywhere in this MortQage shsll be tsken to mean '7us," "hers,"
or 'its," wherever the coneext so irr+plies a admits. Atso, that wherever there is s reference in the covensnts snd agreements herein tontaintd to ~ny of
the p~rties herefo; fhe same shall be construed to m~an ss wefl ss the heirs, legal representatives, waessors snd auigm (either voluntary by ~tt of th~
parties or involuntary by operation of the law) of the same ~nd that the covenants F+erein contair~! shap bind and the benefits and ~dv~nts~es inur~ .
to the respective hein, kgsl represematives, succeua~ and ais°gns of the parties hereto. ~
Md ssid lY~wtga~on, fw themselves ~nd their hein, tegal representatives, succeswrs and auigns, hereby joinlly and severally covenant and ~yr~e
to and with tM s~id N10RTGAGEE, in svccasors and auigm:
1, to pay a(1 and sinpvlar tix prirKipsl snd imerest snd the wrious a~d cundry sums ot money psyable by virtue of said promisray note, and thia
mortyaye, esch and ewry. promptly on fhe days rapectively 1he same severatty becane due.
2. To pay all ~nd tirg~lu the tsxq, asscuments, levies, I;abil;i~es, obligaYwns and encumbrances of every nature and kind now o~ said deurib~d ~
prop~r~y, a tMt hereafte~ msY be impoud, s~ffered, plated. Ievicd, or satessed the~eon, w that hereafter may be levied p auessed vpp~ lhis AI1o~tp~ ~
ag~, a tM Ird~btedneu searred hereby, esch and ~very, when due and psyabk, acc«ding to law, befae they become delinqueM, ~nd 6efore a~y int~rpt
anathes w am penalfy is incurred; ANU INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIED ANO D(SCHARGED .Of
RECORO ANO THE ORIGIIYAL OFftC1Al DOCUAAENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in tFx event that any thereof is nw
paid, sat'sfied a~d distharged said MORTGAGEE may at any t~me pay the same w any psrt thereof wirhovt waiving w affecting any option, Iien, eqvity p
~~qht under o~ by virf~e of this mortgage ~nd the full smount of each and every such payment shall be immediately dve and payabk ~nd shsll be~r interest ~
~rom the date thereof ~ntil psid at nte of nine per centvm per annum and together with such interest shall be secured by the lien of ih:s motytaye. ~
840K PASE e~e7z ~
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