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THIS INDENTURE. Made the 19t~1 pay of . . _ ._API'il 19r. _ . , /1. 19 . , be~ween :
_____PE'I'ER_ L. _ LATTNER and BERNIDINE__R. LATTNER, his wife =
a} St. Ll1C~C Counfy, Florids, herelnafte~ desi~nated as th~ "VIORT('./1CAR," ~ FlRST FE~ER/1l SNVINC,S AND i
L0J1N %?SSOCIATION OF INOIAN RIVER COUNTY, a corporation o.eanised and ex1sA~~'~u?dor the• 3rs of tF+e United States of America
snd hsving its print~pal piate of business in the City of Vero 8tath, (ndian Rive~ Cou~ty, Flwida, hereinafter dcsig~a~ed as the "MORTGAGEE."
THIRTEEN THOUSAI~ID '
R is justl~y~p~~ tq~~ MORTGAC,EE in the wm of _ _ . . . . . . ~
E . (S 13~ 2S(~l). _(lU_. Dollars, good and lawful money ot the United Sbtes sdvanted by the
MORTG/1GEE u~to the MORTG/1GOR, as evidented by s certain promisso?y note of eve~ date herewith, ot which the folbwin~ in words
and fiQures is a true topy, tawit:
s ~3'~'~ nr 19 N1113'7
Vero Beach, Florida, -At~ t _ - - - - - - 19
Fw value received 1 or we jointly or seve~slly promix to pay to FIRST FEOER/1L SAVINGS MID LOAN ASSOCIATtON OF INDIAN
RlVER COUNTY, the sum of s 13~_~a ~ at its office in Vero Beach, Florida, with interest at the rate of 7• 5.._
~er tent per amum. in the followin~ manner: -
111. 23 _ tF+e first of eath and every mo~th hereafter until the full ~nci 1 wm, with inte~est, has been psid; said
s-----------•----- . uPa~ P~ Pa
monthly payments shall be applied first to the payment of interest on the unpaid balance, and thtn ro the psyment of principal.
This note is negotiable and if default in payment octurs, may be placed in the ha~ds of an atto?ney at law for collettion, in wh~ch
event 1 ur we agree to pay tF+c costs of cotlection, including a reasorwble attorney's fee, and each of us, whether maker, guarantor or endorser,
hereby severally waives demard, ~otice of non-~avme~t and protest of this note. ~
/s/.P4L~'__L~__LS~tII@t-- - - _ ..csea~> `
/~,/1Bernidine R.---LamRer:-------- - - - -ck~u
8. .5 In the ever+t any paymenf is not rt?ade p?iw to the 20th day of the mo~fh when due, ffien this note shall besr interest st the nte of
YZ~ from the date any such payment became due and throughout the period of such delirquency.
State stamps psid and canceRed on wiginal of this note in the amount of ; f~~•_ 7~ .
NOW, THEREFORE, the MORTGAGOR for the pu.pose of securing the paymcnt of the said wm of S 13x snd the
verformance of the covenants and agreements hereinaher expressed, and for divers good and valuable considentions, by these presents, docs
grent, bargsin~ sell. rcmise. release, convey and confirm unto the MORTWGEE its wccessors and assigns, atl that certain bt. piece or pircel of
land, situate, lyi~g and being in the Counry of .._St, Lt1Cl@._. and State of Fb?ida, destribed ss follows: ~
Lots 18 and 20 of OCEAN BOULEVARD PARK, as per plat thereof on file in
Plat Book 7 at page 18, of the public records of St, Lucie County, Florida
~o ~'X ~ ~ _ ~
o~p ~ p y a~ oh «~ss ir~r~wc~s~ ~ w?rnExr oF ~
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of 51 ~M - ~ ~T j0 CFf~PTER 2072~. ACT~~~19/~TM
~~v ~ Q1 7HIS lNSTRUME~~T WAS NREF'hRkD 61R~ER Po~j~. Cle~k G~cu~ Coort
5~ UMFN%~
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p~G • ! GEORGE HENTH ~ 1ger.t fot DMlI~~ M, ~pyy~ ~R
~ ~ p~~ y~,,, SMITH, HEATH. SMITN, & G'HAIRE St- lucie Cou~ t~ tar Co;~F-t~r ~
3 0 ~4, r~ QE
~"r ~ ATTORNtYS AT ~AtiV
r~, ~ 22~ -14 th AYE. VERO BEhCH FLA. 329~
o~un aF~c
' ~o .'10 .
j together with sll snd singular the tenea?ents, hereditaments and sppurtenances thereunro belonging or in snywise appertaining thereto, ar+d ;
afl rents, issues, proteeds and profits accruing and to attrue from said premises, all of which are included in thc above and foregang de- `
i
r scription and habend~xn. f
~ TO HAVE M1D TO HOLD the above described and gnnted premises unb the said MORTCJIGEE, its successors and ass~gns forever.
f And the said MORTG/1GOR for t~'r~,~__heirs, exetutors, administraron and assigns, hereby tovenants with the said MORTG/1GEE, its wtces-
~ sors and assigns, rhar___------I}l~}[.~a,Y'E---------.---uwfuly seized of the said premises in fee simpk: that the same are free, clesr and dis-
' charged from all liens snd enCUmbrantes in Iaw w in equity, and that .thGY_--. will and ._t~lr hein shsll warrant and
~ defend the titk to the ssme to the said MORTGAGEE, its successoa and ass;gns, fwever against the lawfui claims and derrw~nds of slf persons;
€ PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note F+ereinbefore destribed, and
~ shall truly, pranptly and fully perfo.m, discharge, execute. tomplete, comply with and abide by each and every the stipulstions, agreements.
conditiau and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be ~
~ nuil and vc~A
~ IT IS UtIDERSTOOD that the word "Mortgagor" whether in tir. singular or ptural anywhere in this Mortgage, shall be singular if one
cnly and shall be plural jointly and severaily if more tha~ one, and ihat the wo.d "Their" as used anyMrhere i~ th~s Mortgage Shall be taken
~ to mean "his," "her," or "its." wherever the context so implies w admits. Also, that wherever there is a refere.~ce in the tovenants and
agreements herein contained to any of the parties hereto, the same sha{I be construed to mean az wetl as tl~e heirs, legal representatives, sut-
cessars and assigns (either wluntary by act of the parYses w involuntary by operation of the law) of ihe same and that the covenants herein
q c,ntamed shall bind and the benefits and advantages inure to the respective hein, legal representanves, successors a~ assigns of the
~ partiCS F?Ereto.
And said Mortgagors, fw themzelves and their heirs, legal ~epresentatives, wccessors and assigns, hereby jointly and severally cwenant
~ and agree to and with the said MORTGAGEE, its wccessws and assigns:
; 1. To pay all and singular the principal and interest aid the various and sundry wms of rrwney psyable by virtue of said promissory
~ note, a~d this mwtgage, exh and every promptly on the dsys respectively the sarr+e severslly become due. f
~ 2_ To pay alI and singular the taxes, assessments, levies, liabilities, obligatia~s and lncixnbrsntes of every nature and kind now on ~
~ sa~d described property, o? that hereafter may be imposed, wffered, pleced, levied, o? assessed thereon or that hereatter may be levied w
azsessed upon this Mortgage, or the indebtedness secured hereby, each and every, whrn due and payable according to law, before they be-
~ c~me delinquent, and befwe any interest attaches or any penalty is incurred; a~d insofar as any thereof is of reco.d the same shall be promptly
r sat~sfied and distharged ef retord and the origlnal official dotument (wch as, for instance, the tax receipt or the satisfattion paper officially #
~ endo~sed w certifiedl shall be placed in the hands of said MORTG/1GEE within ten days next a(ter payment; and in the event that any thereof
~ ~s not paid, satistied and distharged, said MORTGAGEE ntay at any time psy the same or any part thereof without waiving or affetting any
~ ^Dr~o~. lien, equity. or right under or by virtue of this Mortgage, and the full amount of each and every wch payment shall be immediatety
a due and payable and shall bear interest from the date thereof u~til paid at the nte of ~~i'~C]!1{tA3(per centum per annum and together
` v.ith such interest sF?all be secured by the lien of this mortgaQe. •
~ 3. To plsce and continuously keep on the buildings now oc hereafter sitwted on said land and on all equiprnent and persona~ty cov-
~ ered by this martQage, with all premiums thereo~ paid in full, fire inwrance in the usual standard polity form, in a wm approved by tl+~
~ MORTG/1GEE, and tornado inwrante in the uswl stsnda~d poliq fwm,in a sum apptoved by the MORTG/1GEE, in wth tompany o~ companies
~ as the MORTG/1GEE rtwy direct; and all fire and twnado inwra~te policies o~ arty of said buildirtgs, any interest therein w part thereof, in the
aggregate wm afwessid or in excess tF+ereof, shall ca+tsin the usual standard mortQagee clause or such other clause ss tF?e Mwtgagee may
~ .equire, making the loss unde~ said policies, exh snd every, paysbk to said MORTG/1GEE ss its inte?est may appear, and esth snd every
such policy shsll be promptly assigned snd delivered to s~d held by said MORTGACEE ss (u•ther security to saiA mortgage debt, snd, not
~ irss tha~ ten (10) dsys in advance of tfie expiration of exh policy, to deliver to said MORTG/1GEE a renewal thereof, together with a reteipt
~ for the premium of such ?enewal; and t}?ere shall be no fire or fomado insurance plxed on any of said buitdings. s~y inte?est therein w
part thereof~ unless in the form snd with the fou psyabk as sforessid; ar+d in the eve~t sny wm of money becomes payabk under wch
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