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THIS INDENTURE. AMdt the 3rd d~y of March A.D. 1972 between
_ ROYAL PALh1 INVFSTMETITS, INC. , A Rlorida Cor~oration _
of $t. Lucie ~punty Flw~da, hereina(ter de~gnated as the "MORTGAGOR," and fIQST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a torpaation or9anized and axi~~in9 under ths laws of tM Un~ted Sta~ot of America and havinp its principal plac~ of
busi~eu i~ tM City of fwt Pierc~. St. lvcie Couny, Florid~, hereinaf~er desipnated ai tF~ "MORiGAGEE:'
WHEREAS tM MORTGAGOR is j~stly i~debted ro the MORTGAGEE in ths sum of S 18 ~~OO• ~ , good and Iawful money of the Un~ted
Siates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certa~n prom~uory note of even date herewith, of wh~ch the followin~ in ~
w•ords and figures ii ~ trw copy, to-wit: ~
s 18,800.00 r,i, 3-18,037 ~
Fort Pierce. flwida. Ma rch 3. 19 72
Fo~ value receivcd, 1, we w either of us, p.omise to pay, without defalcation, to ~he order of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fo~t Pierte, Florida, the sum of S 1S ~ 8OO'00 wilh interest from date at the rate of 7~ 5 9e per a~num, in monthly insull-
r~,ents as follows: S 152.~ on the 1St day of 'july , 19 72 and a like wm on the correspond~~g day of cach month tFure-
afrer until the whole be fvlly paid. .
Each installment first shall be applied in payment of the interest and then o~ ihe unpaid balance of the princ;pal tum. If d ault is made in fhe
Fayment of any installment wlxn due, and suth default continues 30 dsy~, then at the option of the hotder, and without any other notice, all the remaining
~nstallmenti shall be due and payabte at once. Privilege is g~ven to prep~y this note in whole w in part at any t~me without penalty. Neither forebearance,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extensio~. A late payment charge of S 7'
~ sh+~~ be
added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such instaltment remaining unpaid 7 days after
aath succeeding payment date. ~
Each make?, surety and endorse? hereof, jointiy and sever~lly, wa~ves demsnd, presentment p.otest and notice of protest fo~ no~paymeM, and funher
agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all tosts of collection, intludinp • i
reasonabk astwney i fee in the event of any default hereunder, and hereby severally waivcs atl benefit of homestead and exemption under tF+e tonstitvtion
a~d laws of each State of the United States, as against this obl3gaticn or any extension a renewal hereof. '
w~tness the hand and ual of exh parry. ROYAL PAI.M INVESTMENTS~ INC•
By: s/N~cholas Vitkovich, Pxesid~U
(5~?U
Corporate Seal Affixed - Attest:s/Alexander H. Matz. Secretar~U
Treasu:ex ~
~ $28.20 ~ st.t. aevenw
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing psyment of ssid sum of S 18 ~ 8~' ~ .~nd. the performance pf tM
covenanri and agreements hereinafter exp~eued, ~nd fw divers good and valwble considerations, by these prcsenti, does grant, bary~in, tell, remise,
release, convey ~nd confirm unfo the MORTGAGEE, iri successwt and auigns, all that ctrt~in iot, piece or parte~ of land, tituatt, lyinp, and beinp in th~
Counry of St • LL1C1@ ~nd State of Florid~, dewibed as follows:
The West 20 feet of Lot 19 and all of Lot 18, Block 1, Wac~er Subdivision
as recorded in Plat Book 9, page 74 of the Public Records of St. Lucie County,
F lo rida ,
~
'
~
E W S'tA~ E~F t-LURIU~? '
~ c~ DOCV~~i !T.~t~._ STt,?~:P T~ X
~ -~.i j - RM-8'7L ~ =
~ ~ ° - { ~2820_
.
N U Gf?1.C1 Rlpt+:ilj '
} pB,»o~~2 = ~ -
z RECEI1fED 111 PAYMEI'~T OF TIIXES
? DIiE 011 CiA9S IPfTANtiIBIE PE'RSOi1k PR~?~' ~ t,
~ PtiRStfIWT i0 CtiAPTER I1-134. IICTS Of 1971. h~~~
~ R:16EFt PWiRAS? ~ qtrLR CourL St lune Co. ifa.
~
` fagether witF~ ~II and singular the tenemenn, heredit~mc~b ~nd app~rrtar~cei therevnto b~lorginq a in ~nywiie ~ppertaininp the?sto. +nd dl ~mts, isfva,
R proceeds and p~ofit~ xuuiny snd to +ccrue from s~id premiset, alI of which ut incl~rded in tM abov~ ard fw~poinp description aed Mbendwn.
TO HAYE AN~ TO HOtD the sbow dewibed and yranted prcm+ses unto tht said MORTGAGEE, ifs waeswn and assiyns fawK• Md th~ wid
3 MORTGAGOR fa lt S heirs, eaetuton, administrators ~nd assig~s, h~r~by toven+nts with the ssid MORTGAGEE, ib woctswn ~nd ~s~iptr,
~ ~har - 1L 1 S ~awfully seized of th~ ssid prem~ in fee ~implr, that tM sarn~ u~ frN, cMar ud dischaped fran all fiens ~nd ~ncum~
< brances in law or in equity, ~nd that lt W~~~ 1tS shall wurant and deftnd t}N titlt to tht sun~ to tM s+ld
~ MORTGAGEE, in tucu:sws snd assyns, faever syainst tht Iawful daims snd demanda of al) persan;
PROYIDED, AlWAYS that if the MORTGAGOR shall p~y umo the MORTGAGEE tM promistwy not~ hr?einbefor~ d~scribed and ahall truH. Wa^P~~Y ~
= and fully perform, discharye, e:ecu», compl~te, comply with and sbide by each and every the stipulation~, ayreerrKnb, conditiorn ~nd cov~nanfs of s~id ~
- promissory note and of this Mortyape, then this Mortya~e and tF?e Estate hereby aeated shdl ceas~ arw! be n~ll ~nd void-
IT IS UNDERSTOOD that tF~e wwd "Mwtypw" whether in tM singul~r or plw~l anywhsrt in this Mottype, ahall b~ sirgula? if aw only u~d '
shali be plural jointly a~d seve?ally if mon tMn one, and tMt tM w«d "their" ss used ~~ywhtn in this Mortpap~ sMll b~ t~k~n to mesn "his," "hen;'
or "in;' wherever tM conte~ct so implies w admits. Alw, that whereve~ the~e is • nferenct in tM covena~h and ayreemenb hNtin aontaiMd f0 iny Of
_ rhe psrties hereto, the same shall b~ construed to mean as well ~i tM hein. I~y~l r~presentatives, sucussws and usiyns (either vdunt~ry by ~ct of tl+e
penies w involum~ry by operation of the Iaw) of the same and that the covenann her~in cont~ined shall bind and tF+e benefiri ~nd advantaya inur~
}g +o th~ respective heirs, I~yal representatives, wccesson and us~yro of ttk part'KS h~reto.
- And said Mwtgsyws, fa themselva and their hein, lepal representatives, succ~uon u+d ~ui~ru, htreby jointly and s~vaaliy tovenant and apr~e
ro and wi~h the said MORTGAGEE, i» iucceuws s~d auigru: ~
, t
~ 1. To pay •II and sinpubr tM principal u+d int~.est~snd tM v+riovi and sundry sums of money payabl~ by virtw of uid promiswry ratt, ~nd tFiu :
= mortyaga, each ~nd every, promptly on the d~ys r~spectively the s.me s.w?aur bec«+w dw. f
=a
- 2. To pay dl and sirqula the t~xes, asusunenn. lev'~, tiabilities, obliyatio~s and ~ncumbrances of every ~atur~ and kind now on aid dacribed f
property, a that hert~fter may be in~posed, wff~red, pt~ted, kv'~ed, or assts~ed thcroon, w that hereafter may M bvied p asu~ssd upoe fhis Morq-
age, a the inelebtedness secured he~eby. ~+ch and ~very, whtn due ~nd payable, xcwdinp 10 {aw, befw~ they becomt d~linqutnt, and b~fo~~ ~ny G?t~rKt ~
- anaches a sny penalty is IMVf/Cd; AND INSOfAR AS ANY THEREOf IS Of RKORD TNE SAME SHALL dE PROMPTLY SATISFIED AND OISCMARGE~ OF
_ RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIP? OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO
OR CERTIFIED) SHAII BE PtACED IN iHE HANDS OF SAID MORIGAGEE WITHIN TEN ~/lY5 NEXT AfTER PAYMENi; a~d in the ~rent th~t sny thereof is not
_ paid, sat sfied and discharged sa:d MORTGAGEE m~y at s~y time pay the ~~me w any pan thereof without w~iviny or affectiny any option, lien, puity a '
- •~qht under or by virtue of this mortgsge and the full amo~nr of e+ch and every such paymem shall be immcdiately due and pa~abk snd shall btar interest i
~~om the date thereof unt~l ps~d at rate of n~ne per centum per annum a ~09 ~th such interce~ ~hall be secured by the lien of th:s mor9taye. ~
r ~~K~~ ~~E .755
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