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THIS INDENTURE. Mad~ ths 2nd dav of ,~e A.D. 19 , betwaa~
Jesse O. Carter and MAry K. Carter~ his wife
~f $t• ~'~i@ Counry Florida, hereinafte~ deiignated as ?hs "MORTGAGOR;' and F~R$T FEOERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE. a co~paat~on wy~nized and ~xiitin~ under tM lav~n of ~M Ue+~teb Stahs of Amerka and Mvinp iri pri~cipal pl~c~ of
busineis i~ tF» City of For1 Pieres, St. lucis Co~~ry, Florida, hereinaft~r d~iiynated ~s tM "MORTGAGEE:'
WHEREAS tFN MORTGAGOR i~ j~itiy indebted ro tM MORTGAGfE in ths sum of j 26~~~0.~ , good ~nd Iawful mw+ey of the Un~ted
S~atcs advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by a ce~a~n promissory note of even date her~with, of which the followinp in
words aod figures ii a true copy. towit; (
s ~6~~~•~ ~ 4-18,424
` Foit Piacs, flaida, JuT12 2, 19 72
fw value rece+ved, we a either of us, prom:se to pay, wi~hout defalcation, to the order of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF
fORT PIFRCE at Fwf Pierce, Fbrida, the sum of s 26~~0~~ with interest from date at the rate of 7~~~°i'o per annum, in monthly install-
~ ments as follows: S 193~~0 1St d~y of October , ~9 72 and a like sum on the ca~espoading day of e~ch mo~th the~r
after until tlx whole be fully paid.
' Each installment first shall be applied in p~yment of the intereet and then on the unpaid bala+rce of tF+e p~encipal sum. If d ault is mode in the ~
- payment of any instatlment when due, and such default con?i~ues 30 days, then at the option of the holder, snd without any other not~ce, all the rem~ininy
~nstallments shall be due and payabte at once. Privilege is given to prepay this note in whole or in pan at any time without penalty. Neither fwebearance,
no. acceptance by the holder thereof after any defautl in any paymenls txreon, shall be deemed extension. A late pay:ne~t charge of S 9'65 , shsU bs
added 1o each installment remaining unpaid 7 days after its due date, and a tike sum shall be added to cach such installment remaining unpsid 7 days after
each stxceeding paYmeM date.
Each maker, surety and endorse~ hereof, jointly and severalty, waives demand, presentmen~ protest and notice of protest for nonpayment, arK! lurther
` agrees to any extensan of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, i~cluding a
.easonable attwney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption urtder the constitution
~ and laws of each State of the United States, as against this obtigarion or sny extension a renewa! heieof.
\ Witncss the hand and seaf of each party_
S/Jesse D. Carter ~u
(SEAl1
~ - S/Piary K. Carter ~u
~
$39.00 ~
` ( ) State Revenue
, MOW, THEREFORE, 1he MORTGAGOR fot the r 26 petform~nce of the
pu pose of securing p~yment of s+id sum of : 1 , and tF~t
covenanri and agreement~ hereinafter c:preued, and fw divers good and wlwbte co~siderations, by fhess presenta, does gnnt, barQain, sell, ~emise,
release, convey and confirm unto fhe MORTGAGfE, its sucteuws and sssigni, all that tenain lof, piete or patcel of land, situate, lyirg, and btirg in the
County of St . Lue ie and State of Flwida, described ~s fo~lovn:
Lots 12 and 13, Block 4, MARAVILLA COURT, a.subdivision as per
plat thereof on file in Plat Book 5, page 39, of the Public
Records of St. Lucie County, Florida,~
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!ogether with all and singular the tenements, f?ereditsmenri and appurtances thereunto belongirg or i~ anywise ~ppenaininp ti~erero, and ~II renri, iss~ros,
procceds and profits acvuing and to scuue from said premises, all of which are included in the abov~ and ioreyoiny desaipYwn and habendum. t
i
TO HAVE AND TO HQID the above described a~d gnnted premises unto tha said MORTGAGEE, ib s~tcessors +nd auiy~ foreve?. Md th~ uid !
/rtORTGAGOR for their executon, administntws and ~uigns, hcreby coven~nts with the said MORTGAGEE, iri wtceswn a~d ~ulpns, ~
rhat lawfull sei:ed of the said
the are Y pr~rn;s~ ~n fee simple; that the ssme ue free, ctear snd disciurged from alt liens and encvm~ ;
brances i~ Isw a in equity, and that they W~~~ their he;rs sMll wurant and defend th~ title to the ume ro tM uW :
MORTGAGEE, in succesw~s and assigns, forever sgainst the Iswful clsims and demands of all perswn;
PROVlDED, ALWAYS that if the MORTGAGOR shall psy unto the /MORTGAGEE the promissay ~ote hereinbefore describ~d ~nd shall truly, p?omptly
and fuily perfwm, discharge, execute, compkte, comply with snd abide by esch snd every 1he stipulatio~s, syreements, conditions and covenaon of u~d
promissory note and of this INortgage, then this Mortgage and the Estate hereby aeated sMll u~se and be rwll and void.
IT IS UNDERSTOOp th~t the wwd "Mortgagw" whether i~ the sinyular or plural a~ywhere in this Mortyspe, ~hall b~ sinpvlsr if a» only ~nd
shall be plural jointly ~nd ~everally if more than one, and that the wwd "thcir" as used anywhe~a in thit Mwtyape sMll be t~ken to mean "his; •„hen
w"its;' wherever the conte~et so impliei w admifs. Atso, tMt wherov.r there is a reference in the covenan» and agreemen» hetein contained to ~mr of
tF+e parties hereto, the same shall be construed to mean ~s well u the hei?s, leyal r~presentaYrves, wuesson snd ~uiyos (either voluntary t+y ~ct of the
par~iq w involunury by operation of the taw) of the same u~d that the covenants herein conui~ed sMlt bind ~nd tia benefits ~nd ~dvanayei inw~ +
ro the respective heirs, kgal ~epiexntatives, successors and su~gns of the p~rties hereto. ?
And said Mortgsgo?s, fo~ themselves and their heirs. legal represent~tiva, successws and auiyns, hereby jointlY ~nd severally covc~aM and aQne ~
eo and with the s~id MORTGAGEE, its svccessors and suigns: ~
~
1. To pay all ~~d iingular the principa) snd i~terest ar?d fhs v~rio~rs snd ~undry wms of maieY psY~ble by virtue of seid promisWry not~, a~d ihii
mortgsye, each arxl evary, promptly on the d~ys respettively the iame severally becor?r dve.
2. To psy ~II and ain~ulsr tF~e Uxes, ssseumenri, levies, lisbilities, obligations and encumbr~nces of every nawre and kind now on sa;e! dynibed s
properry, p thst hereafta may be impo~ed, suffered, plsced, lev'~ed, or assessed thereon, w thst here~fter m~y b~ (evied or usessed vpon fhis Mwtg~ i
age, a tMe indebtednesf secured hereby, exh ar+d evsry, when d~e and psyable, ~ccwdinD to bw, before they becorrk delinq~ent, a~d befa~ ~ny iMere~t ~
artaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL 8E PROMPTIY SATISFIEp AND D15CHARGED OF
RECORD AND iHE ORIGINAI OFFIGIAI DOCUMENi (SUCH AS, fOR INSTANCE, TME tAX RKEIPT OR THE SAi1SFACTIOM PAPER OFftCIAIIY ENDORSED
OR CERTIfIED) SHALL BE PtACED IN THE HANOS OF SAID MORTGAGEE WITHiN TEN OAYS NEXT AFiER PAYMENT; and in fhe event thst any thereo~ a not
paid, saYsfied and dixharged sa:d MORTGAGEE may st any time pay the ssme w any psrt the+eof without wsiving or sffecti~g ~~y opfion, lien, equity or
•~qhr under or by virtue of this mortgage and the full amount of eacl? and every such paymenf ihall be immediately d~e and payable and shsll bear inte~est
~.om the date thereof until psid at rate of nine per tentum per ann~ wi; nF te~ thall be secured by the lien ot th:• morytaye.
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