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THIS INDENTURE. Nl~d~ the 28t'h day of 'T8Itua2'~ - A.D. 19_.~., between
liax Potter and Nariarine Potter, his r~ri.fe
of SL. U1C~A Counry Florids, here~naiter desgnated s~ the "MORTGAGOR." and P~RST fEDERAL SAVINGS AND IOAN
AS$OCIATION OF FORT PIERCE, • corporat~on org~ni:ed and ex~st~ng unde~ the laws of ti~e Un~tcd S~atQS of Amer~ca ~nd havir.q ib prinupal pl+ce of
businets in ths City of Fort Piace, St. lucie County, Flaids, hereinafter deipnated ai tM "MORTGAGEE:'
WHEREAS Ihe MORTGAGOR is j~stly indebted to the MORiGAGEE i~ the sum of s ~ 7~3~~~ , good and lewful money of the Un;ted
Srates advanced by the MrJRiGAGEE unto the MORTGAGOR, as evidenced by a ce~~a~n prom~uwy note of e~en dare herew~~h, of wh~ch tlx foltow~ng in
wordf and figures is a trve copy, lo-wit:
_ ~ T~~~~00 N, 3-17,888
Fort Pierce, Flo~ids, January 28 ~q~
For vatue receivcd, 1, we or either of ~s, p~om~se to pay, without defalca~~on, to the orde~ of FIRST FE~ERAI SAVlNGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Flo~ida, the s~m of S-l~ ~~a~ w~rh inte~eat irom date at the rate of _L~L~°,vo (xr annum, in monthly install-
~~~en~s as fol!ows: S~ o~ ~he ~ st day of ~~h 197? and a like sum on the co~respond~ny day of each momh there-
a:rer u~ril the whole be fully pa~d.
Each instatlment first shall be applied in payment of the interest and then on the unpaid balante of the princ~pal sum. If d ault is made in the
, a~ment of any instal:meM when due, and such default continues 30 days, then at the op~ion of the hoide?, and wiihout any other oot~ce, all the remainir.g
:~~stallinents shall be due and pavabte at once. Priviiege is givrn to prepay this note in whole or in part at any time witkout penalty. Neither faebearance,
no~ acceptance by the holder ihereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge of s_~, shsll be
: dded ro each installmem rcniaining unpa~d 7 days after its due date, and s ~~ke sum shal~ be added to each such installment remaining unpaid 7 days after
each succeeding payment dare.
Each maker, surety and endorse? hereof, jointly and severally, waives demand, p~esentment pro~est and notice of proteft for nonpayment, and furttur
a~rees to a~y extension of t~me of payment, either before or after matunty, without not~ce to any of us; and to pay atl costs of collection, includ:ng a
r;~asonable attorney's fee in the event of any defau!t hereunder, and hereby seve~ally waives all benefit of homestead and eaemption under Ihe co++stitution
;,nd laws oi each State of the United States, as aga~nst this obGgation or any extens~on or renewal hereof.
W~tness tix hand and seal of each pa~ty.
s/ Mr~x Potter ese~u
(SEAI)
s ?Sarianne Potter ~wu
cs~?u
~K .95 ~ s,a~e e~~e~ve
NO'N, THEREFORE, the MORTGAGOR for the purpox of securing payment of said sum of s!1_it"' and the pe~fwms~+ce of the
covenanrs and agreements hereinafter expreued, and fw divers good and valuable considerations, by thrse preients, does g?ant, bargain, sell, remise,
rrlease, convey and confirm unto the MORTGAGEE, its s~ccessors and auigns, all that certain lot, pieu w parcel of land, ~ituate, (ying, and beiny in ths
Couny of St. ~t1Cie and State of Florida, dewibed ~s followse
Lot 15, of SADIE Wfi~LER'S SUHDIVISION, as per plat thereof
on file in Plat Book 3, Page 35, of the Public Aecords of
St. Lucfe County, Florida, ? ~
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~ rogethcr with ~II sr+d singuls? the tenemcnts, hcreditaments snd ~p~~rtsnces there~nto belongirg a in ~nywise sppertainirg thereto, u+d al! rents. iuues.
~ pr«eeds snd profits KCruing snd to sccrue from ssid p~emises, all of which are irxluded in the above ~nd foreyoinp dtuription ~nd habendum.
FA TO HAVE AND TO HOtO the abovs desaibed and yranted premixs unto the s+id MORTGAGEE, its succetwrs and ~ui~ns fw~ver. And th~ said
~
MORTGAGOR fw ~~Z--- heGs, execwors, sdministratws and ass~gns, hereby covensnts with tM s+id MORTGACaEE, ih uxcessors and ~ssipro.
~ rhat - t'he~ aY-@ - lawfully seized of the said premis~s in fee simple; that the same are free, cksr ~nd discharyed f~om •11 liem and ~ncum~
~ brances in law or in equity, snd that thep W~~ their heirs shall warrant ~nd defend tM title lo the s+rra to the said
~ MORTGAGEE, its successors snd sui~ns, forever syainst the lawful claims and dem~nds of •1~ persons;
PROVrDEO, ALWAYS that i4 the MORTGAGOR shall pay unto fhe MORTGAGEE the promiswry nota htreinbefor~ destribed ~nd sh+~~ truly, promptly
and fully perform, dixMrge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions +nd coven~MS of said
promiswry note and of ~his Mortgage, then this Mort9sge and the Estate hercby ueated ~hall cease and be null and void•
~x IT IS UNDERSTOOp that the wwd "Mortgs~ot" whether in tM singular w plural anywhero i~ thit Mortyape, ~l~all be iinpular if on~ only and
5 shall be plural jointly and severslly if more than one, and that Ihe wad "their" as vsed mywhere in this Mort9~e sFNll be tsken to me+n "his;• ••hen;'
or "its;' wherever the conte~et w implies or ~dmits. Alw, that wherever there is ~ refcrence in the covenants and apreements herein cont~ined to any o{
the p~rties herero, the same shall be construed to me~n ~s well as the heirs, leysl rtpresematives, successon a~d assi~ro (either volum~ry by +N of tF?~
parties or involuntary by operation of the law) of the same and that the covensnts Fxrein contsined shall biod and the btnefits and advantayq inurt
- ro the respective F~e'ut, leyal representatives, ivccessors and ~u'gns of th~ parties hereto.
And said Mortgagors, for themselves and their hein, leg+l repreuntatives, successas ~r?d assig~s, hereby joinNy and sever~lly covenant and apree :
ro and with the uid MORTGAGEE, its successws and assigns: ?
~4' 1. To pay all and sirgular the principal and interest ~nd the various and s~n~ry sumt of rtaney payable by virtve of said promiswry note, ~nd this
' mortgaye. each and erery, promptly on the days respectivety the ssme severally become due.
- 2. To pay •11 +nd sirgvlar ~he bxes, sssessm.ents, tcvies, li~bilitief, obligitions •nd encumbrances of every nature and kind now on iaid dessribtd
property, w that hereafter may be imposed, tuffered, placed, levied, w assessed tFxreon, w that Mreafter may bt levied a~ssetsed ~pon this Mo~t9-
- sge, a tFie indebtcdneu tecured hereby, exh and every, when due and paya6le, accadi~p to law, before they become delinquenL and befor~ any inte~est
- a!~aches or any penalty i~ incu+ied; AND INSOFA~2 AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIEO AND DISCHARGED OF
- RECORO AND THE ORIGINAt OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENDORSED
- dR CERTIFIEU) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event Ihat any thereof is not
= pa~d, sat'sfied and discherged sa'd MORTGAGEE may at any t~me pay the same w any par~ thereof without waiving w sifecting any option, lien, eqvity a
~ •~qht under o~ by virtue of this mortgage and the f~ll amou~t of e~ch •nd every such payment shall be immediately dve ~nd payabk and sMll be~r inte~est
' ~.om the date thereof until paid st rate of n~ne pe~ centum per annu Nher w~th such interest shall be secured by the lien oI th:s morytaQe.
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~ ~~9 P~~E .773
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