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THIS INDENTURE. Msde the 15t day of September ~ , A.D. 1972~ between
William P.Snoddy and Avanelle Snoddy, his wife
of $t . Lucie Cq~ny fbrida, hereinafte? deignated as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE. • torporation aganizcd and exi~tiny under tM laws of ths U~ited Suttf of Americ~ ~nd havi~g iti principal place of
busineu in ~h~ City of Fat Pierce, St. lucie County, Flwida, herei~aiter deiignated.ai tM "MORTGAGEE:'
WHEREAS ths MORTGAGOR i~ ju~tly indebted to the MORTGAGEE in the sum of = 21 ~ 4~'~ good and Iswful money of the Un~ted
States advanced by the MORTGAGEE unto ~he MORTGAGOR, as evidenced by a certain promisswy note of even date herswith, of wh~ch the iollowing i~
> words and figures is a true copy, to-wi~:
= 21,~ 400.0C~ ~ 10018765
Fort Pieres, Fio.~, September 1 ~y 72
~ p pay, without defalcation, to 1he order of FtRST fEDERAI SAVINGS ANO IOAN ASSOCIATION OF
Fa valuc received, 1, we or either of us, romise to i
FORT PIERCE af Fwt Pierce, Fbrida, the sum of s 21 ~ 4~0 • 0~ w;th inrerest (rom date at the rate of 7~ So pe? annum, in monthly install-
,nents as follows: S 159 •0~ on the 15t day of November ~q ~72 ~~d a like sum on the cwrespond~np day of each month there-
after u~til the whole be fully paid.
~
~ Esch instailment iirst shall be appl~ed in payment of the interest and then on the unpa~d balance of the princtpal wm. If d ault is made in the
~ Nayment of any installment when due, and such default continues 30 days, then at the option of the holder, and wilhout any other notice, all the remaining
installmtnts shall be due and payable at wxe. Privilege is g~ven to prepay this note in whole w in part at any time without penslty. Neither faebearaoce,
nor acceptance by the Mlder thereof aite~ any defautt i~ any payments hereon, shall be tkemed extension. A late payment charge of = 7•95 shall be
added to each installmeot remaining unpaid 7 days after it~ due date, and a like sum shall be added to each such installment remaining unpaid 7 days after
' each succeeding paymeM date.
\ Each maker, surey and endwser hereof, jo~ntly and severally, waives demand, presentment protest and no~ice of protest fw riw~payment, and furtlxr
agrees to any exteniron of time of payment, either before w aitcr maturity, without notice to any of us; and to pay all costs of colledion, intluding s
~ rea:onable attorney's fee ~n the event of any defautt hereunder, and hereby severally waives all benefit of homestead and exemption under tlx constitution
~ and larvs of each State of the United States, as against this obligatio~ w any eatension or renewal hcreof.
Witness the hand arx! seal of each party.
(SeAU
s/ William p. Snoddy ~A~~
~
tSEAI)
s/ Avanelle Snoddy ~
_ ~ 32.10 ~ State Revenue ~
(Sramps cancetled on wginal note)
NOW, TNEREFORE, the MORTGAGOR fa the pv~pose of secvring paymem of said sum of S 21 ~ 4~' ~ +nd tl?e perfo?mance of the
covenants and agreements Aereinafter expressed, snd (o~ divers good a~d valuable considrrations, by thesa p?esents, does grant, bargain, tell, remise,
release, convey and confirm unto the MORiGAGEE, its successors and auigns, all lhat ccrtain lot, piete or parce) of land, situste, lying, and beir?g in ths
Co~nty of St. Lueie , end State of Fbrids, desvibed as follows:
Lot 6, Block 3, TROPICAL BEACH SUBDIVISION,BLOCKS 3 and 4, as per
plat thereof on file in Plat Book 10, page 9, of the public records
of St. Lucie County, Florida,
, ~
S IAT~ oF~=LO~?!~A .y~
~ = DOCUMENTA~ ^ STAMP TAX ~.~t ~F o~,C.l~•
~
~ ~ ~ = SEP-S'R a'" _ g~' ~,y EP~~~y.'` i~~~.
~ ~ V nErt.er QErEat ~ 3 2 I 0_ y. y~~E R~~' E~
P.B.140112
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together w~th all and singular the tenements, hereditaments and sppurtsncea thereunto belonging or in anywiu eppert~ining thereto, +nd all rents, iuues,
proceeds and p~ofits accruing and to accrue from said premises, all of which are included in the abov~ and forsyoirg dewipYan and Mbendum.
TO HAVE AND TO }~O10 tF~e above desv~bed and granted premises unto the said MORTGAGEE, its successors and auigns fo~eva. And tM taid
MORTGAGOR fw their ~i~s, executors, administratws and sssigns, hcreby covenanb with the said MORTGAGEE, its succeuas and auipns;
ihat th~ are ~swfully ieized of the said premises in fee simple; that the same are free, clesr and discharged from dl lieeu and sncum-
~ brances in iaw w i~ equity, and that thev W;u and their hein shall warr~nt and defend ths title ro the same to th~ aid
~ MORTGAGEE, itt successws and auigns, fwever against tFx lawful ~laims and demand~ of all perwm;
PROVIOED, AlWAYS thst if the MORTGAGOR shall pay unto the AhORTGAGEE the.promissory note hereinbefore desuibed ~nd ihall huly, promptly '
~ a~d fully perform, d~uharge, execute, complete, compty with •nd abide by each and every the stipulstions, ~reements, tonditions and tovenants of said
promissory note snd of this Nbrtgsge, then this Mortgage and the Estate hereby aeated sMll uase and be null ~~d void.
~ IT IS UNOERSTOOD thst the word "Mwtgsgor" whether in tF?e singular w plwal anywF?ere in thii Mwtg~ge, sf?~II be sirgular if one only ~nd
~ shsll be plural jointly and severally if more than one, and that the wwd "their° ~s used anywhere in this Mon9sge shsll be taken to mean "his:' "h~ra;•
~ «"its;' wherever the context w implies w sdmiti. Alao, thst wherever there is a reference in the covenants snd apreements herein cont~ined to sny of
y~~, the pahies hereto, the ssme sF~all be construed to me~n ss well as the heirs, teyal represenfative~, successon and ~ssigns (either wlumary by acf of the
~ parties o? involuntaryr by operation of tfx law) of the aame and Ihat the covenants herein contained thall bind and the benefits and adv~nta~es irwr~
~ ro tF~e respective heirs, legal representatives, successors snd au'yns of 1Fx p~Aies hereto.
r~' And said /Nortgsgors, fo. themulves snd their heirs, legal representatives, succeswn ~nd auigns, hereby jointly and severally covs~ant and ayree
to and with the taid MORTGAGEE, its successors and sssigns:
~ 1. To pay all snd sinp~lar the principsl and interest snd tfx various snd sundry tums of money payable by virtue of said p~omissory note, and this
~ mortgsge, each snd every, promptly on tFro days respectively the same severally becom~ due.
2. To pay all and singular the ta~ces, assessments, levies, Iiabilities, obligatans and encumbrarxes of every nature •nd kind now on ~aid dexribed
~ property, w that here+fter may be impoted, suffe~ed, pl~ted, levied, w assessed tFxreon, a tMt hereaiter may be {evied or useued ~pon this Mort~-
~ age, w the Indebtedness secured hereby, esch ~nd every, when d~e snd payable, accordiny to law, befwe they becane delinq~ent, and befae ~ny interest
~ a~tathes o~ sny penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL SE PROHIPTLY SATISfIEO AND 01SCHARGED OF
~ RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISfACTION PAPER OFFICIAIIY ENDORSED
OR CERi1F1ED) SHAtI BE PIACED IN THE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
~ paid, saCsfied and discharged sa'd MORTGAGEE may at any time pay the ssme a any part thereof witfw~t waiving or affeding sny option, lien, equify a
•7aht under or by virtue of this mortgsge a~d the full amount of each and every such p~yment shall be immediately due and payable and shall bear interes~
~rom the date thereof until paid at rate of nine per centum per annum and togethe~ with suth interest~h~l ~ied by the lien of th:s rrwry/~ge.
FOJK ~UD PA.GE z~
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