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THIS iNDENTURE, Made the ~ ~ th day of AUgjLStr A.D. 19?2- between
Kenneth C. Cochran and Dortha F. Cochran, his Wife
, ,
of .St. Lucie Cp~nfy florida, hereinafter des~gnared as ~he "MORTGAGOR," and FIRST FE~ERAI SAVlNGS AND IOAN
ASSOCIATION OF fORT PIERCE, i co~purat:on oryani:ed and exis~ing under the laws of ths United S~atos of Amecica and having its pri~cipat place of
businass i~ the Ciry of fort Pierce, St. lutie tounty, florida, hereioa(ler designated as the "MORi1G-AGEE:'
WHEREAS the MORTGAGOR is ju~tly indebted ro the MORTGAGEE in :he sum of S ~ 0~ u~• ~ , good and lawful mortey oi the Un;ted
Siares advanced by fhe MORiGAGEE unto the MORiGAGOR, as evicknced by a certa~n p~omisso~y no~e of even date herew~th, of wh~ch the following in
words and figures is a true copy, to-wil:
s t 0, 400. 00 N,~-18,E65
7,
fo?t Pierce. Ftwida. AL1~ust ~ 191.~_
~ t for value ?eceived, 1, we or either of us, prom~se to1 -pay, wirhout defalcarion, to ~he o.der of FIRST fEDERAI SAVIyGS AND lOA1v AS50~(ATION OF
FORT PIERCE at Fort Pierce, florida, the sum of S ~ 0• 4~e ~ with imerest from date at ~he rate of ~a~°'o p~~ an~~m, in moMhly install-
~ ~nents as fol!ows: S-~2._QQ~ on thc _ ~ St d~y of Oetober ~q__~ and a like sum on the correspordu?g day of each mo~th there-
af~cr until the whole be fully pa;d.
~ Each installment first shall be apptird in payment of the i~terest and then on the unpaid batance of ~he p~inc~pa~ sum. tf d ault is made in the
Fayment of any installment when due, and such default continues 30 days, then at the opt~~n of the holder, and without a+n other not~ce, at1 the remaining
~~~srallmems shail be due and payable at once. Privitegs is given to prepay this note ~n whole or in part al any time without penalty. Neither iwebearance,
~ nor acceptance by the holder ~hereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S~e~, shsll tx
added to eech instaltment remaining unµaid 7 days after its due dare, and a like sum shall be added to each such installment re~naining unpa~d 7 dayt after
' each succeedi~g payment date.
~ Each make?, surety and tndorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for ~onpayment, and furthe~
ag:ees to any eatension of time of payment, either befo~e or afrer maturity, w;thout rtor~ce to any of us; and to pay aU costs of collection, includ;ng a
~t reasonable attorncy's fee in the event of any defau:f hereunder, and he~eby seve~a!ly waives all benefii of homestead and exemption under the constitution
~ and laws of each State of the United States, as aga~nst this obGgation a any exems~on w renewat hereof.
- Witness the hand and seal of eac6 party.
S/Kenneth C. Cochr n ~~A~~
. (SEAt)
~ ' _S/Ibrtha F. Cprhran REAi~
$ ~ 5 60 csEnu
( • ) State Reven~e
" NOW, THEREfORE, the MORTGAGOR fw the r ~ O J~OO ~O
pu pose of securing payment of said sum of = + • ~ and the performance of the
~ covenants and agrctiments hereinaiter expressed, and fw divers good and v~lusble tonsiderations, by these presents, does grant, ba~gaiR, setl, ~emise,
retease, convey and confirm unro the MORTGAGEF, its successws and assigns, a)! rhat certsin io?, piece or parcel of land, situate, lyi~g, and being in the
County of St- Luei P ~ and State of F{orida, dewibed ss follows:
Lot 6, Block 'N', HARM(~J3C HEIGHTS ADDITICIN, as
per plat thereof on file in Plat Book 8, page 38
in the pubZic records of St. Lucie Gounty, Florida
S~jpl t~F FLOF21llA
v ~ DOCUMc1~T~1°N
~ j~+i~P T~~(
t-
~ j = AUGi<?2 : ~ c 0 = ~ - ~ 0 _ . .•+~':T CF 1AXE3
o = ~ - t ~ 5 0 = R..CEi~~~, . „ - ~ - ?'O2ER(Y~
U - - = WE 0!. i.iJ1.rS i '.::_i~~_
tEii_~F EEY~AI•E '~`~w~~~
RB.jpp11z PURSURNi TO CiiN.'iER 71-13a. R~:iS QF lyf~.
RpGER pOiTRI~S
CLERK OIRCUIT COURT, Si. WCIf 00~ F7~
rogether with all and si~gular the tenements, hereditaments ~nd sppurtsnces thereu~to belonging or in anywise ~ppeA~inir?g thereto, and ~11 rentt, iuues,
p~oceeds •nd profits sccruing and to accrue fiwn said premises, s!I of whicb are included in the sbove ~nd foregoing desuiption and habendum.
TO HAVE AND TO HOtD the above deuribrd ~nd granted premises unto the said MORTGAGEE, its svccessors and assigns forever. And the ~aid
MORTGAGOR for heirs, executors, administrators ~nd assigns, hereby covenants with the s+id MORTGAGEE, iri successors snd assipra,
rhat are iawfully se~zed of the said premises in fee simple; that tFie same are free, dear and diuharged from ~II liens and encwm
b.ances in law or~ equity, and that the.y N,;~~ a~ their heirs shall wi~rant and defend ~he title to the same to the aid
MORTGAGEE, its uccessors and auigns, fwever against the lawful ctaims and demands of slt persons; ,
r
PROVIDEO; AlWAYS thaf if the MORTGAGOR shell pay vnto the MORiGAGfE the psomissory nofe he~einbefors dexribed artd shall truly, promptly
and fully perform, d~schargr, execute, complete, comply wi~h and ablde by each and every the stipulations, agreements, cw~ditions •nd covenanri of sa~d
promi»ory r.ote and of this Mongage, then this Mortgage and the Estste hereby veated sF?all cease a~d be ~uli and void.
IT IS UNDERSTOOD tMt the wad "Mortgagor" whether in the singular w ptu?sl anywAere in this Mwtqage, ~hall be s'+nqular if one only ~nd
shall be plurs) jointly ~nd uverally if rtwre than one, and that the wad "their" as used anywhere in this Mortgage sFr~ll be taken to me~n "his" "hen;'
or "it~;' wherever the context so implies or admits. Alsa, that wherever tAere ii a reference in the covenants and ~greements herein contained to ~ny of
rhe parties hereto, tht same thall be consr?ued to mean as weU as the F~eirs, legal rspresentatives, successors snd assigns (either voluntary by ~ct of the
parties or involuntary by operation of the law) of the same a~d that the covmants herei~ contained shall bind and the benetits and sdvantages i~ur~
ro the re~pective he~rs, Icgal representatives, succeswrs and ass~gns of the p~rties hereto.
And said Mwrgsgors. fw themseJves and rheir hein, legal repreuntatives, fuccesson and as~igns, fu~eby jointly and severaliy covenaM ~nd a~ree
~o and with the said MpRTGAGEE, its successas and assigns:
1. To pay all and singvlar tF~e principal and intereu and the variou~ snd sundry sums of money payable by virtue of said promiiswy note, ~nd rhi~
mwtgsge, each and every, promQtly on the d~ys rcspectively the s~me severalty become dve.
2. To psy •tl ~nd singvlar the taxes, assessme~rs, levies, 6abilities, obligat7on~ and encumbrancp of every natwe a~d kir+d now on said dewibed
propcrty, w that Froreafter rewy be imposed, suffered, placed, levied, or auessed thereon, w that i~ereafter may be kvied or usessed upon rhis Mort9-
age, or the indebtedness secured Fiereby, each and erery, when due ~nd payable. accwding to [aw. before they become deGnqutnt, ~nd befwe any interest
arraches a any penalty is incurred; AND INSOfAR AS ANY iHEREOf IS OF RKORD TME SAME SHAII 8E PROMPiIY $ATISFIED AND DISCMARGED Of
RECORO AND THE ORIGIPiAI OFFICIAI DOCUMENT (SUCM A5, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIAtIY ENDORSE~
OR CERTtffED) SHALL BE PtACED fN 1HE HANDS OF SAID MORTGAGEf WiiHIN 1EM DAYS MEXT AiIFR PAYMENT; and in the event that any thercof is not
pa~d, sat sfied and discharged sa'd MORTGAGEE may at any rime pay the same w any part thereof w;thovt waiving w af(ecting any option, Iien, equity a
~~~ht under o~ by virtue of this mortgage and ehe full amo~nt of each and every iuch payment shall be immediatety due and psyable a~d shall bear interest
i•om the date lhereo! vntil pa;d at rate of n~ne per cent~m per annum ar+d together w~th such interest ~hall be secured by the lie~ of th:s mwgt~ge.
~ a~~2C~ ~ 393
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