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~HIS INOENTURE, Made the 14th day of AI.iQUSt ~ A.D. 19 72 betwecn
Joseph O. LaBonte~ a sinale adult ,
of St. 1.UC1Q ,~p~nty Flo~ida, hereinaft~r desig~ated as the "MORTGAGOR," and FIR$T fEDERAI SAYINGS AND lOAN
ASSOCIA)ION OF FORi VIERCE, • torpor~tion org~nized and existing u~de~ IhQ laws of 1he Un~ted Statos of America and having its principal plate of
business in ths Ciry of Fort Pieres, St. lucie County, flaida. here+nafter dasignated as ths "MORTGAGEE:'
WHEREAS the MORTGAGOR is ju~tly indebtcd to the MORTGAGEE in the sum of S- 13.-l.9O~• ~0 good and lawfut rt;oney of the Un:ted
Srates advanced by the MURIGAGFE un?o the MORTGAGOR, as evidanced by a certain promissory note oi eren da~e he~ewitb, of wh:ch the tol;owing in
words and figures is a true copy, to-wit:
s 13 L400. 00 3-1 fi.669
Fon Picrce, Fto~ida, Augu st 14 , ~y 72
Fa value received, 1, we or either of us, prom~se to pay, without defatcation, to the order of FIRST FFDfRAI SAVINGS AND LOAN ASSOCIATION OF
FORi PIERCE af fo~t Pierce, Ftorida, the sum of j 131400, 0O w;th interes~ from dare at the rate of S o pe~ annum, in +nonthly install-
~~~enrs as fo!!ows: S 10~• ~0 on the 1St day of Deeember ~9__ 72 and a Gke sum on the carespond:ng day of each momh there-
atter until ~he whole be iully paid.
Each installment first shall be applied in payment of the interest and then on the unpa~d batance of the prin~;pal sum. If d autt is made in the
F s~~nent of any instaltme~r when due, and such default cont;nues 30 days, lhen at the opti~n of the hoider, and without any other notice, all the remaining
~~sraltmems shall be due and payabte at once. P~ivilege is given to prepay th3s note in whole or in part at any t~me without penalty. Neithe~ fwebearance,
nor accepfancE by the holder thereof after any defautt in any payments hereon, shall b~ deemcd exte~sion. A la:e payment charqe of S_ 5• 0O, shaft be
~dded to each instatfinent rcmaining unpaid 7 days afttr its due date, and a like sum shall be addzd ?o each s~ch insta~Iment remaining unpaid 7 days after
N~+ch succeeding payment dare.
Each maker, surety and endorser hereof, jointly and sevCrally, wa~ves demand, presentment protest and notice of protest for nonpayment, and furthei
ag.ees to any extension of time of payment, either before or after mawrity, ~vi~hout noGCe to any of us; and to pay all costs of cotlectipn, intlud:ng a
~~~3sonable attorney's fee in the even~ of any default hereunder, and hereby severa!ly waives all benefit of homesfead and exemption uoder the constitulio~~
.+•~d laws of each State of the United States, as againsf this obligation or any exrension or renewal hereof,
Witness the hand and seaf of each party.
s/ Joseph O, LaBonte ($EAL)
_ a sinc~le adult (SEAI)
(SEAI)
~20•1O ) $tate Revenue • ~5~~~
i~tn~» ~arlor~lad-~oo~pi~ aosea ~
NOW, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of sa~d sum of j 13 ~ 400. , ~nd the performance of the
covenants and agreements hereina(ter expre~sed, and for dive~s good and valuable considerations, by 1Mse presents, dces grant, barga~n, se~l, remise,
release, convey and co~firm unto the MORTGAGEf, its successors and assigns, all that certain lot, piece or pucel ot land, situate, lying, and being in the
Covnryr of SL . Lucie snd State of Florida, dewibed ss tollows:
Lot 14, Block 14, LAKE~~100D PARK, UNIT 2, as per plat thereof on file in
Plat Book LO, page 56A, of the Public Records of St. Lucie County, Florida,
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together with all and singular the tenements, hereditaments snd appurtances thereunto belonging w in anywise appertaining thereto, and ell rent~, issues,
p~OC~Ndl and profits accruing and to accrue from said prtmises, all of which are included in the above and fwegang dexriptan and habendum.
TO HAVE AND TO HOID the above described and grsnted premises unto fF~e ssid MORTGAGEE, its s~ccessors and a~signs forever. And tF?e said
4SORTGAGOR fw h 1 S he;rs, exetutors, admi~i:trators and ass' ns, hereb covenants with the uid MORTGAGEE, its sutcesaas ~nd au' ns,
he is ~ Y
ihrt - Iawfully se~zed of the sa~d p.em~ses in fee simple; that the ssme sre free, ctear and discharged from atl liens and encvrtr
brances in Isw or in equity, and thst he w~~~ a~ ~11 5 heirs shall warranT and defend the title to the same to the said
'V~ORTGAGEE, its succcssors and assign~, iorever against the lawful clsims and demands of alt persony;
PROVIDED, AtWAYS that if tF~e MORTGAGOR shalt pay ~nto the MORTGAGEE tF~e promissory note hereinbefpe deuribed snd shall truly, prompt!y
and fully perform, d~uharge, execu~e, camptete, compiy with and ab~de by each and every the stipulations, agreements, conditio~s snd covenants of said
promisso?y note •nd of this Mortgage, then this Mprtgage and the Estate hereby aeated thall ce~se and be null and void.
IT IS UNDERSTppD that the word "Mortgagor" whether in tf~e s~~gular or plural anywhere in this Nbrtgage, shsll be singular if one on:y and
shall be plural jointly and severally if more than oru, and that the wwd "their" as used snywhere i~ this Mortgage shall be taken to mean "his;' "hers,"
or ";ts," wherever the co~tex~ so implies a admits. Alw, that wherever there ia ~ reference in the covenants and sgrecments herein contained to any of
rhe psrties hereto, fhe same shall be construed to mean as well as the helrs, leqal ~epreunfstives, successors snd s~si9ns (either voluntary by ~d of the
parties or involuntary by operation of the law) of the same and thst the covenants herein contained shall bind and the benefits snd sdvantagei i~ure
to the respect~ve heiri, legal representatives, successors and sss~qns of the parties hereto.
And said Mort9sgors, fo~ themselves and their heirs, legal ~epresentarives, successors a~d ass'+gn~, he~eby jointly ind uverally covensnt and igree
ro and with the uid MORTGAGEE, its successws and ass~gns:
1. To pay all and sirgular the principal and interest and the various and sundry sums of money psyable by virtue of said prom~svxy note, and this
mortgage, esch and every, promptly on the days respectrvely tlx same severalty become due.
2. To pay ell and singular the taxes, assessme~ts, tevies, liabilities, obligarions end encumbrantes of every natwe and kind now on ssid described
property, w thst hereafte? may be imposed, sufiered, placed, levied, o~ sssesud thereon, p that here~fttr may be levied or essetsed upon this Mong
age, o? the indebtednesi secured hereby, each and erery, when due and payable, accwdirg to bw, before they become de(inqvent, and befwe ~~y interest
anaches or any penalty is incu~r~d; AND INSOFAR AS ANY THEREOf IS OF RECORO THE SAME SHAII BE PROMPitY SATISf1ED AYD OI$~HARGED OF
RECORO AND THE ORIGihAI OFFICIAL DOCUNIENT ISUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATI$fAC710N PAPER OFFiCIAIIY ENDORSED
OR CERTIFIED) SHALL BE PLACED IN THE HANOS Of SAIO MORTGAGEE WIiHtN iEN DAYS NfXT AFTFR PAYMENT; and in the event fhst any thercof is not
pa~d, sat sfied and discharqed sa'd MpRTGAGEE may at any time pay rhe same w a~y part thereof without waiving or afiect;~g any option, lien, equity or
•~qhr u~der or by virtue of this mo+tgage and the fu~~ amount of each and every such payment shall be immediatety due and payabfe and shatl bear interesr
~rom the date the~eof um'e! pa+d at ~ate o~ n~ne per cemurr~per ann~m and together w~th svch inrerest ahall be secured by rhe lie~ of rh s morgtaye.
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