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THIS INDENTURE, lNad~ the 15 L day of /~UqU S L A.D. 19 - between
_ David J. Lightfoot and Kathy J. Liahtfoot, his wife
o~ $t . Lucie rpu~ty Flo~ida, h~reinafts~ dsiiQqrl{td ~ the "MORTGAGOR," ~nd FIRST FEDERA~ SAVINGS AND IOAN
ASSp~1ATION OF FORT PIERCE, a mrporation oraa~ized and er~s~in9 unde~ tltt laws of ~M United Stat~s of Ammica and havlnp ib p~incip+l pl~ca of
buiin~ss in ~h~ City of Fwt Piac~, St. lucie County, florida, hereinatt~r desiynated at ths "1NORTGAGEE."
WHEREAS ths MORTGAGOR is iostly indebted to ths MORTGAGEE in tM sum of s 24, 3~'. ~ good and lawiul money of the Un~ted
Sfates advanted by the MORiGAGEE onto the MORiGAGOR, as evidencad by a tertun promiuory oofe of even date herewith, of which the ioilowing in
words and fig~rei is a true copy, towit:
s24,300.00 ~ 1-4
fwt Pi~rc~. Florid~. /?UgUSt ~ R 19 72 ~
Fa value ?ece;ved, 1, we or either of us, promise to pay, without defalcatio~, lo ~he order of FIRST fEDERAI SAVINCsS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Ftorida, ~he sum of j2~s 300• O0 w;~h interest from date at the rate o~ • 75 96 per an~um, i~ monthly install-
ments as foUows: ~ 1~4, 00 iSt ~y of Octaber ~~q 72 and a like sum on the cwrespondinp day of each month iherr
after until ~he whole be fully paid.
Each installment first shatl be apptied in payment of the interest and then on fhe unpa;d balance of the printipal sum. If d ault it made In fhe ~
pay„~ent of any i~stallment when due, and such default tontinues 30 days, then at the opinn of the holder, and without any othe~ notice, all the ~emaining
~nstallments shail be due and payable af once. Privilege is given to prepay this note in whote w in part at any time withovt penalty. Neittxr faebearance, F
nor acceptance by the holder lhereof after any default in any payments hereon, shalt be deemet! exrertsion. A late paymeM tharge of = 9• 2O ~ shsll be ~
added ~o each installment remaioing unpaid 7 days after its due date, and a like sum shall be added to each such irutallment remaining unpaid 7 days affe~ i
eath avcteeding paymeM date. ;
Each makei, surety and e~dorsen c~reof, jointly and severslly, waives demand, presentment protest and notice of protest for nonpsyment, and further
agrees to any extension of time of paymem, either before or after maturity, without notKe to any of ~s; and to pay all costs of ccllectio~, includi~g a
reasonable attaney's fee in the event of any default hereu~de~, and hereby severally w,aives all benefit of homestead and exemption under the tonstitutan
~nd laws of each Sfate oi the United States, as against this obtigatioe~ o~ any extension w renewsl hereof.
Witness the hand and seal of each pany. •
s/ David J. Li4htfoot ~A~~
(SEAI)
s/ Kathy J. L~yhtfoot ~Ay
$36.45 ~U `
( ~ Stsre Revenue
ta~~{a sa~osll~ehoa~siglm~ soe~
NOW, 1HEREFORE, Ihe MORTGAGOR fa the purpose of securing payment of said sum of S 24,3~0.00 , and the pcrfarmance of ths
covenants and agreernents hereinafter expressed, and fa divcrs good and valuable consideratiw~s, by these peunts, does grant, brgain, sell, remiu,
releau, convey s~d confirm unto the MORTGAGEE, in iuccessws and ~uigns, alt fhat certain lot, piece or parcel of land, situate, lying, and being in the
County of St . Ll1Cie , and State of Flwida, dew~bed as follows:
~
~
The South 95 feet of Lot 18, Block 1, ORANGE BLOSSOM ESTATES, FIRST ~
ADDITION as ~
, per plat thereof recorded in Plat Book 11, page 38, of
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the Pubiic Records of St. Lacie County, Florida,~
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together with aIl and singular the tenements, hereditame~ri and apputtances thereunto belw~ging a in ~nywiss appeASininp thereto and ~II rents, iuves,
proceeds snd profits atvuing ~nd to accrue fran ssid p?emises, all of wti~ch are included in the ~bov~ ~nd forepe?irg destription u+d Mbendum.
TO HAVE AND TO HOID the ~bove dexribed and granted prem'~ses unto t}?~ s~id N{ORIGAGEE, its sutcessas ar?d augns forever. Md tFw ~sid
their
MORTGAGOR for heirs, executon, administrstors and sssgns, hereby coven+~ri with the said MORTGAGEE, i» s~ccesson ~nd assigro,
~har ~ are - ~awfully se~zed of the ssid prem~ses in fee simple: that the s~me ue iree, cleu and disc!»rged trom ~U liees +uid encum-
brancrs in I~w or in rquity, and that they W~~~ the ir he,n s!?~It ws?rant snd defend the title fo the lamt !o the said
.'NORiGAGfE, in successws and auigns, faever ~yainst the lawf~l cla'uns and demands of all penqq;
PROYIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay note haeinbefo~e destribed and shall truly, promptly
and fully perfwm, dixharge, execute, complete, comply with and abide by exh snd e~ery the stipulstions, agreemcnfs, conditian and covenann of said
promissory note and of this Mortgaye, then thi~ Morfgage and t1x Estate haeby ue~ted shall cease u~d be nvll and void.
!T !S UNDERSTOOD that the ward "Mortgagor" whether in the singula~ w plural anywhere in this Matgsge, sh+ll be sinyula if on~ only ~nd
shall be plur~l jointly snd sev~rally if more than one, and that the wwd "their" as used anywhere in this Mort9eye shall be tsken to mean "his," "Aen;'
or "its;' wherever the context io impties w admits. Alw, that WFIlftVK there is a refe~ence in t1~e coven+nb ~nd ayreements herein cont~ined to sny of
rhe parties hereto, the same shall be construed to me+n as well as the heirs, legal representatives, svaeston and sui9~x (either volunt~ry by ~ct of the
paniq or involuntary by operation of the law) of the same snd that the covenants herein contained shafl bind ~nd tFx benefit~ and adv+ntagp inwe
ro the iespective heirs, kgal represcntatives, successors and au'gns of the panies hereto.
And said Mwtgagors, iw tF~emselves and their hein, kgal representatives, wccessors and assigns, htreby jointly and severally covenant and agree
ro and with the said MORTGAGEE, iri successws ~nd auiyns:
1. To pay sll a~d singviar the principal snd 'entere~t ~nd the varGous and sundry sums oi rtwnty payibk by virtue of said promitsory note, and tF~is
mortyage, eacl? and every, pomptly on the days respectively the ssme severally become due.
2. 7o pay •II snd sing~lsr the uxes, asscsunenb, levies, liabilities, obli~stions ~nd e~cumbrar+ces of every nawre and kind now on said desvibed
Property, w that heresfter may be imposed, suffered, pl~ced, levied, a~ssessed tF+ereon, or th~t hereafter may be kvied a uieased upon this lNortp-
age, w th~ indebtedneu setured hereby, exh and every, when due ~rd psyabk, xcordirg to (aw, before they become delinq~ent, ~nd before any imerest
a+raches or any pe~alty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPiIY SATISFIED AND DtSCHARGEO OF
RECORD AND TNE ORIGINAL Off(CIAt OOCUMEIVT (SUCH AS, FOR INSiANCE, TIiE TAX RECFlPt OR THE SAi1SFACTION PAPER OfFIC1AllY ENDORSED
OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS OF SAID MORTGAGEE W11HIN TEN DAYS NfXT AFTER PAYMENT; and in fhe event that sny thereof is not
pa~d, sat sfied a~d dixharged sa:d MORIGAGEE may st any time pay the same or sny part thereof without waiving w affettirg any option, Iitn, equity or
•+aht under or by virtue of this mo.~gsge and the full amount of each and every such payment shall be immediately due and payable and shall 6esr intere~~
~~om the date thereof until pa~d a~ rate of ntne per centum per annum and toget . ~th auch i~tere~t shall be xcurcd by the lien of th:s mor9ta9e.
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