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THIS It~DENTURF. Msde the? 1 St day of ` Jar. uary A.D. 19 72 betwcen
Larle T. Rield, Jr. and Theresa M, Field, his wife
pi St . LuC le ~ County Fiorlda. hcreinafler desynarej ns the "MORTGAGOR," and fIRST FEDERAL SAVINGS AhD IOaN
ASSOCIATlON OF FORT PtERCE, a co.po~at~on organlzcd and er~si~ng ~nder the laws of the Un,ted Statos ol America and having its prlncipal place of
bu:~ness in ?he Ciry of For~ P~e~ce, St. lucie County, flwida, htre~nafter des~ynated ss ihe "MORTGAGEE."
WHEREAS the MORTGAGOR is justiy indebted to the MORTGAGFE in the sum oi S 18 ~ 6~ • ~U good and la~ful money of the U~ ~ed
~~rtes ad.ancrd by the M~RTGAGEE unfo the MORSGAGOR, as ewtiencrd by a cerf„n prom~sswy nc~e ol e.e~ date herew~th, of v.h:ch ihe io~iow~ng in
o•ds and fi3u~es is a~r~e copy, to-wii.
s 18., 600 .~O No 3-17 , 858
Fo~t Pierte, Flw~da, ~anuary 21 19 72
for va!ue ~ece~~ed, 1, we or e~rhe~ of ~s. p~oT:se to a, wi+hout defa':a~~on, ro ~he order of FIRST FEDER4l SAViNGS AniD LOAN ASSOCIATION OF
=~RT PIERCE ar Fo~t D~erce, Ftor~da, ~he sum of S 1
8~
5~~ - N,ih ~n*e~esr from date at the ~atr of7! 75?o pe~ an~um, in monthly i~ua!i-
~~•,rs as fotio`.s: S. 153. n~ o~ the 1 St day of ~ZCh 19___72 and a 1~4e sum on the correspond~ng day of each month the~e-
_."r~ unti~ the who!e be fulty p~~d.
Each ~nsralimer.t ffrs~ sha'I be appi~rd in payment of the inserest and tnen on •he ur.pa~d ba!>nce ol ~he p~inc pal suT. If d eutt is made in the
..:,•nent of a~iy ~~sra::ment when d~e, and such default con~:nues 30 days, then'at she op!~~n of the ho~de~, a~d .+,~ho~~ any osher notice, al! the remain~ng
sra:lmenrs shail be d~e and payao:e at once. Priv~ie9e is 9~ven to prcpay this note in who~e or in part at any t,~,e wnhout penalty. Neither ?orebearance,
acceptance by rAe ho~der therea4 ettrr any default in any payments hereo~. shall bc~ deemed earens~on A'ate c~ayment chnrge of S7'65_~ shall be
:y_d to euh lnsra;imenr remam~ng unpa~d 7 days after its due date, and a~~i.e s~m sn;u be adyrd to each s:,:n ~nsra,iment rema~n~ng unpa~d 7 days after
,.,cn s~cceed~ng payment dare.
Fac~ maler, surery and enderser hereof, jomtly and severaiiy, wa~ves de-nand. presenrmem Frotest and nof;ce of proteu fw nonpayment, and further
~;rees to any e:tens~on of hme of paymertl, erther before or afte~ mawnty, wi~hout noi,ce to any of us; aod to pay ail cos!s of co'iection, intiud.ng a
s-unabie arromey's fee in the even~ of any de~au't here~ndrr, and hereby se~era:~y v~a~ves aL' benefrt of homistead and esem.phon under the constitution
iaws of each Stau of the Un~!ed S.arrs, as aga~nst this obllganon w any exfer.s+on or rzne.•.a1 hereef.
Wlmess the haRd and seal of each parry. •
~ /~1 Earle T. Field~ Jr. (SEAI)
(SEAI)
2h Y ca M_ Field ~sEAt)
(s~u)
27 • 9O 1 Srate Revenue
NO:'V, THEREFORE, the MORTGAGOR tor the purpose of seruring psyment of sa~d sum of j 18 f 6~ • ~ and the perforrr~e~ce of the
:o.enants and agr~emenn hereinafrer expressed, end for d~vers good and valuab~e cons~derat~ons, by these presents, dxs grant, ba.gai~, se!1, rem;se,
,.rase, convey and corfirm unto the MORTGAGEE, its succes»rs and ass~gns, at! that certain tot, piece w parcel ot tand, situate, lying, artd being in the
Counry of st . L uC 1 Q and State of Florida, descnbed as follows:
Rrom the interior quarter Section corner
of Section 24, Tov~n ship 35 South, Range 39
; East, run north along the east line of the
Northwest quarter of said Section 1790.5
feet ; thence West 30 feet to the point of
`s, beginning of the tract herein described:
F from said point of beginning run West 150
E feet, thence north 150 feet, thence East
~ 150 feet, thence South 150 feet to the
i poxnt of beginning; .being a~a.zt of the
= NEIg of the NW~ of Sect ion 24, Township
~ 35 South, Range 39 East,
~
~ ~r ~I.'~I:~ . t_~_,~-;!).:a 3~~`
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a'
- ~~erhe. with all and singular the tenemenrs, he?ed~raments ~nd +ppurtances fhereunto belonging or in anywise spperhinir+g ti~ereto, •nd all rents, isfuei,
~~oceeds and profin acau~~g and ro accrue from said prem~ses, all of wh~ch are included in the above +nd fweyoing description •nd Mbendum.
s~ TO HAVE AN~ TO HOLD the above descr;bed and granted p~em~ses umo the said MORTGAGEE, its succcssws snd asayns forever. Md the said
their
h',ORTGAGOR fw heirs, e:ec~tors, administrators and assigns, hereby coveoants with the seid MORTGAGEE, its succdsors and aui9m,
ro „31 the are ~awf„II se~zed of the said plr, that thc same are free, clea. and diuh~r ed from •11 liens and crxuro-
-Y----- y premitas in fee sim g
~ ~~ances in law w in equity, and that ~ey will •nd the i r he;rs shsll warront and defend the Gtle to the same to the uid
M7RTGAGEE, its successors and essgns, lorever against the lawfu~ claims and demands of all persons;
PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefwe described •nd sMll truly, promptly
e~d fu!ly periwm, d~uharge, eaecute, complete, comply with and abide by each ~nd every the stipulstio~s, agreements, conditions and torenant~ of s~~d
~~om~ssory note and of this Nb:tgage, then this Mwtgage and the Estate hereby created shall cease and be~null and void.
:F :
IT !S UNDERSTppp that the word "Mortgagor" whether in the singular or plural anywhere in this Matgsge, sh~ll be sinpvlar if one only •nd
shall be plural jointly ~nd severally if mote th~n.one, +nd thet fhe wwd "their" as used anywhere in this Nlortpage shall be taken to mtan "his;' "hen,"
or "its," wherever the conteat w impfip a sdmits. Alw, that wherever there is • refe~ence in the covenants ar?d agreeme~ts herein co~tained to •ny of
- ~tie pa.ties Fxreto, the same sMll be con~trued to mean as we~l ss the heirs, Ieyal representatives, successors snd assigns (cither volumary by ~ct of the
: parties or involuntary by operotion of the law) of the same a~d that the covenants herein contained shall bind •nd the benefits and ~dvantayes inure
~c the rcspective hrirs, kgal representatlves, succeuors and ass~gns of the parties hereto.
And seid Mortgagors, fw themselves and their heirs, legal representatives, successors and assignt, hereby jointly and sever~lly covenant and a~ree
+o and with the said MORTGAGEE, iri successws and assigns:
- 1. To pay all and singular tF~ princip~t and inrerest and the var~ous a~d sundry sums of money payable by virtue of uid prom~:sory note, and this
~orsqa9e, each and every, promptly on the d~ys respecrivF!y the same severally become due.
~ 2. To pay ~II and ur?gular the t~xes, assessmenq, lev~ei, liab+~~~ies, obligations +nd erkumbrances of every nature and kind now on se~d described
- property, w tnat here~fier may be imposed, su ie+ed, piaced, ievied, w assessec thereon, w that ixreaiter may ioe Ieried w assessed upon this Mort~-
~ age, o? the indebtedneu secured hereby, e~ch and every, when due and payable, xcwdiny to law, befae they becorne delinqve~t, s~d befwe any interes~
_ a'~2Cf1K a any pena~ty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE $AME SHAtI BE PROMPTLY SATtSFIED A'iD GISCHARGED OF
~ RECORD AtJO iNE ORIGII`AL OfFICIAI DOCUMENi (SUCH A5. FOR INSiANCE, THE TAX RECEIPT OR THE SATI$FACTION PACER OFFICIALIY ENDORSED
_ G~R CERTIFIED) SMAiI BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS kEX7 AFIER PAYMENT; ~nd ~n the event that any thereof is not
;,a~d, sa+ sf~ed ar.d d~scharged sa d MORiGAGEE may at any t~me pay the same or any part thereof without waiv~ng or affect~ny any optio~, 6en, ~qu~ty w
•~~ht under or by v~rtue of this mo.~gage snd the fu~~ amovnr of eath and every such pay-.~ent shaS! be immed~ateiy due and payable and sha!I ~ar inte~est
`rom the date thereof until pa~d at rate of n!ne per cent~m per annum and togNher w~'h svc~ iWer t~l be stcured b the lien of th3 mo+gtaye.
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