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206976
THIS INDENTURE. Made the 24th ~Y of ~ZCA A.O. 19 71, b~rween
Ray~ona Caspbell and Blizabeth Ca~pbQll, bis w i•
of St. ~,LLCi@ Couny Florida, Mre~naftet dsaignated a~ the "MORTGAGOR," tp~,.FIR T fEDfRAr aMI.INQS: AND IOAN
ASSpCIATION OF FORT PIERCE, s co~paation o~psniied ~nd exi~tir?p under th~ I~ws of tM Un~ted Suws of A+~~ic~ and ~avir~ ttt p~nclPal plue of
businau in IM City of Fat Piace, 51. t~ci~ County, Flaida, hv~~~++ft~r dssipn~~ed ai the "MORTGAGEE:'
WNEREAS ths MORTGAGOR is N~itly indebted lo tM MORTGAGEE in the sum of = 23 ~ s~' ~ good and lawiul money of the Un:ted
Siares advanced by the MORTGAGEE vnto the MORTGAGOR, as evidenced by a certain promiuory note of even date herewith, of which the follow~ng in
~ ord23 ~ S~O.s~ a trw copy, to-wit: ~3-16, 935
Fat Pieres, flaida, M~lCh 29 19 71
Fw value received, 1, we a either of us, promise to pay, without dafatcation, to the o~der of FIRSi FEOERAL SAVINGS AND LOAN ASSOCtATION OF
FORT PIERCE at Fwt Pierce, fio~ids, the sum of = 23 ~ 5~' ~ with inte~rsr (rom date at the rate of 8~ Deo per annum, in monthly install-
~„ents as fol!ows: S 197~~ on 1he 15thday of -Ju1~C----., 19 71_ and a lika sum on the co~respond~ng day of each mon~h the~e-
afrer until the whole be (ully paid.
Each installment first shall be applied in payment of the interest and then on the unpaid batancr o( the pr~nc:pal sum. If default ~t made in the
Hayment of any installment when due, and such default continuea 30 day~, then at the option of the holder, and without any othrr not~ce, afi the remaining
InstallmeNS shall be due and payable a1 once. Privitege is given fo prepay this note in whole or in part at any tme withoul penalty. Ne+ther (crebearance,
nor acceptance by the ho~da thereot after any defauh in any paymems hereon, shall be deemed extension. A tate paymem charge of 59-~8~__, shall be
added to each installment remaini~g unpaid 7 days aiter its dus dats, and a like sum shall be addrd to each such installment remaining unpaid 7 daya after
each succeeding payment date.
Each maker, surety and endorser hereof, joinfly aod severally, waives demand, presentment protest and rrotice ot protest for nonpaymcnt, and (urther
agrees to s~y eaten~ion of time of payment, either baFore w aitet maturity, without notice to any of us; and to pay all costs of co!iection, inciud:ng a
rea:ooable attwney's fee in tha event of any de~ault hereundcr, and hereby severally waives all benefit of homest~ad and exempfion under the constitWion
a~~d laws of each Stare of the United States, as against this obliyation w any extension a renewal hereof.
Wimess the hand and =eal of each party_
lS~ Raynond Caspbell (SEAI) ~
(SEAU
, /s/ Blizabeth Canpbell
S35 25 t~t1
( • ) State Revenw
NOW, THEREFORE, the NWRTGAGOR fw the purpose of securing payment of said sum of S 23~5~•~ , and the perfwmence of fhs
coven~nts and a9reements hereinafter eapressed, and for divers yood and v~luable considerations, by these prese~ts, does grant, bargain, :et1, rcm~se,
release, convey and confirm unto the MORTGAGEE, ib succesao?s and auigns, a!1 that ce~~ain lot, piece or parcel of land, situats, lying, and being in ths
County of SL. WCi@ and Statt of Florid~, dewibed ~s follows:
Lots 11 and 12~ Block 25, PARADISB PARK SUBDIVISION~
as p~er plat thezeof zecorded in Plat Book 8, paye 17~
public rQCOrds of St.Lucie County, Flozida,
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~ ~ogether w~th •II and si~gular the tenements, hereditamenq and appurt~nces therwnto belongirg or in ~nywise +ppertai~irq fhereto, ~nd ~U renn, iuws.
~ p.oceeds snd profin acuuin9 and to acuue from iaid premises, sll of which us included in the ~bove and fwegoirg dexripYwn +nd habendum.
~ TO HAVE ANO TO HOtD the sbove dew~bed and graMed premises umo tF+e said MORTGAGEE, itt wccessors snd aui9m forewr. Md the said
F MORTGAGOR for -th~l~------ heirs, executat, ~dministrators and assigns, he~eby covenan?s with the s~id MORTGAGEE, itt succeuas and auiprn,
~ rhat _Lh~-~g-__ lawfully se~:ed of the said prem~ in fee simple: that t1~e sam~ ue fre~, ckar and diuharged from ~II liens and ~ncum-
j orsnce~ in law w in equity, and fhat they will and tbQi! hein thall warrant and defend the title w the sarrw to tM said
~ MORTGAGEE, in successors and •uiyns, fwever a9aintt th~ lawful claims and dema~ds of all pe~wro;
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p?omisso?y note F~ereinbefwe described ~nd shall truly, p?omptly
and fully perfwm, dixh~rye, exetut~, compkt~, comply with and ahidt by ~ath and every the stipulatiorts, ayreements, conditions and covenants of said
prom~ssay rate and of this Mortysge, then this Mortga9e and the Est~te hereby ueated sMtl ceast and be null and wid.
~ IT IS UNDERSTOOD that tM word "Mortya9or" whether in tFN singubr or plural anywhe?e in th~s AAwtgage, shall b~ sinyula if on~ only ~nd ~
shall be ptur~l jointly ~nd severally if more 1Mn one. ~nd that tM word "their" ~s used anywhere in this Mortg~e shall be take~ to mean "his: •••hen; •
~ or "its;' wherever the conteat w implies w admits. Alw, that wtkreve~ there is • ref~rence in tM coven~nts ~nd ayreemenn herein conuined to ~ny of
r!u par?ies hereto, the same ~hall be conif?ued to mean as well as 1h~ hein, Ipal rtpresentative~, wccesson and sisiyns (either volunbry by atl of tM ~
parties or involunury by operation of ths law) of the same and that :he covcnanrs h~rein contained shsll bind and the benefits ~nd advant~yp inur~
- ro the respective he~rs, le9al re{xesent~tivq, succeuws and ~u~yro of tM psrties Mreto.
~ Md said Matgagon, fw them~elves and tMir hein, Ip~l r~presentatives, iucctssors ~nd aui9nf, hereby jandy ~nd severally covenant ~nd ~ree
~o and with tM uid MORTGAGEE, its ~~ccessors and assgnr
1. To pay all and sinyular th~ principal ~~d interest snd tFw variovf and iundry sumi of rnw~ey p~y~ble by virtw of ~~ed promiuory rat~, and thit
? rr.o.typ~, each ~nd every, promptly on tl» d~yi reap~et~v~ly th~ s~ne uv~r~lly becorns due.
~ To pay all ~rd ~irgvl~r the t~xes. ~s~esun~nts. Isrie~, li~bilities, obliyatiom and ~ncumbrance~ of ~very narur~ ud kind now on said d~scrib~d
prop~rry, w that hereaft~r may b~ impo~ed, wftend, pl~ced, Iwi~d, or ~ueued ther~on, o~ tMt hertafte~ m~y b~ levied w~sseuad ~pon this Mort~-
~ pe, a tM ind~btedneu ucured her~by. ~xh ard w~ry, wMn dw ~~d payabl~, acc«dirp to law, befa~ th~y becom~ delinquem, and beiw~ ~ny int~r~~~ _
a+tathes w any penalty is inturred; AND INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PROJNPiIY SATISf1ED AND DISCHARGED OF
RECOR~ AND THE ORIGINAL OfFIC1Al ~OCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACiION PAPER OFiIC1AlLY ENDORSED
OR CERIIFIED) SHAII 8E PIACED IN THE HAN~S OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER VAYMENT; and in the evcnt ~h~t any thereof it not
_ oa~d, s~~ ffied snd disch~rqed i~'d MORTGAGEE m~y at a~y time p~y the same o~ any part ihereof wi~hout w~iv~ng w affeairq any op~an, I~en, equiry or
•~~ht under w by v~rtue of this mong~ge and the full •mount of each ~nd every such p~ymeM shall bo immcdiately due and payable aod sh~ll bear inrerest
^ ~,om the dafe the~eof until p~~d st r~te of ~~ne per centum per •nnum and tope~Mr w~th iuch intereir ~hdl 6e iecured by the 11en of fh:~ morgtye. ~
,=j 3ooK191 I.t~~
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