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TMIS INDENTURE, Mad~ the 1~Lh dsy o( September~ , A.D. 19?2... betwaen
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Davi~l W. Sevier anc~ Francp L. Sevipr. his tivife
ot St . LUC1E' Cpy~~y Flaida, hereinafter designated as fhe "MORTGAGOR;' ~nd FIRST FE~fRA~ SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a corpwat~on org~nized and existing unda Ihe laws of the Un~ted Stat~s of America and havinp its prirxipa) placs of
businsss i~ ~M City of Fort Pieres, St. lucie County, Ftaid+, hereina(~er dei~pnated ~t the "MORTGAGEE:'
WHEREAS tM MORTGAGOR is '~stl mdebted to the MORTGAGEE in the sum of j 24 rOOO.00
~ y' c~oa! and lawful money oi the Un~ted
i~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s certain promissay note of evtn date herewith, af whicA the followinp in
=ord~~
oyuresOO a frue copy, taw~t: ~ IOOI8834
V(.)
Fort Pierce, Florida, Sep t embe r I8 19 72
Fw vatue rece~ved, 1, we or either of us, prom~se to pa(~, wiihout defalca~ion, to the orde~ of FIRST FEDERAI SAVINGSS AND LOAN ASSOCIATION Of
FORT PIERCE at Fwt Pierce, Florida, the sum of s 24~QU`"'~ with interest from date at the rate of ry'71J~ pe? annum, in monfhly instali-
~nems as follows: S 198.~0 on the 1St day of ~ovember ~9 72 and a like sum on the cwresponding day of each mortth there-
after until the whole be iully paid.
Each instaNment firs? shall be applied in paymenf of tF~e interest and then oh the u~pa~d ba~ance of the prinupal ~um. If d ault is made i~ the
Fa;~nent of any installment when due, and-such defa~lt continues 30 days, then at the option of the holder, and without any otf~er notice, all Ihe remainirg
;~~s+allments sha(I be due and payabte at o~ce. Privitege is given to p~epay this nofe in whole o? in pa?t at any time without panalty. Nei~her forebearance,
nor acceptance by the hofder thereof after any de~ault in any payments hereon, shall be deemed extension. A late payment chsrge of S9'9O sh~ll be
acided to each instal~ment remaining unpaid 7 days after its due date, and a like sum shall be added 1o each such installment remaining unpaid 7 dsys after
each sucteedi~g payment date. '
Each maker, surety and erdorser hereof, jointly and severa!!y, waives demand, present~nent protest and notice of protest fw nonpayment, snd further
agrees to aoy extension of time of payment, either before or after maturity, without nor~ce to any of us; and to pay all costs of collection, includ~ng a
reescnable attorney's fee in the event of any default hereunder, and hereby severaliy waives all be~efit oF homestead and exempfion under the constitution
a~,d lawf oi each State of the United States, as against this obligation w any extension or renewal hereof.
Wifness the hand and seal of each party.
(SeAU
s Davic~ W. Sevier ~~at)
(SE/?U
s Frances L. Sevier
( ~3~ ~ State Revenue
jsran,prwn~eikd vrr w~g~nal -note) 2 4 000 . 00
NOW, TNEREFORE, tl~e MORTGAGOR for the purpose of securing payment of said sum of S ~ and the performance of the
covenants and sgreements hereinafter expressed, and fw diveis good and v~luable considcrations, by these presents, does grant, bargain, sell, remise,
rrlease, convey and co~firm unto the MORTGAGEE, its successors :nd assi9ns, all that ce~tain lot, piece or parcel of Isnd, situate, lying, and being in the
County of $t . L,i1C 1P and State of Florids, desvibed as follows:
I.ot 4, E31ock 2, ORA`GE BLOSSOM ESTATES, SECOND ADDITIO~', as
ner plat thereof on file in Plat Book 14, page 2, of the
?ublic Records of St. Lucie County, ~loriGa,
- . ~R1-DA~
7TATE oF ~LOR(D~ ~ AMP rr,>: t
~?CUMENTARY TAMP TAX ~
;<EYENtlE
_ ~ ' 0 3. 8 51 '
~crlG'~Z = . .
Pg- ~ ~27.65~
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° LO R I D A~ ~,y p~~r.~?r nf j~
~s. Q .t~ TAMP_ tt. Y! REC~Et`fEp s_~-Gi'-~--GlELE :'i~:;ir:al ProPEIIi'V
yc ~ UEPT. Oi REtlENUE _ •'s + ' p~~ ON CUas ~,1E3 71-13~1. 14^•SS of 1914
- - u?ir~z ~ . - 0 5 0 1 ~s~~j T0 ~ ~~,o ~~r~as
~ o = ~ ~ q~RK CIRG1'•Z G?'JR~. ST• ~CI~ ~ ~
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together w~~h all and singular the tenementi, Aereditamcnts snd appurtances thereuMO belonging w in anywiu appertsining therefo, and all re~u, isiues,
proceeds and profits accruing and to accrue from said premises, all of which are included in the above and fwe9oing dauiption and h~be~dum.
~ TO HAVE AND TO HOID she above described and gnnted premises unto the said MORTGAGEE, ib u?uesson and auiyns forever. Arrd tM s~id
their
MORTGAGOR for hein, executors, administrators and assigns, hereby covenanri with the ssid MORTGAGEE, its svaessas and as~ipra,
that -
the ~ a re - Iswfully uized of the said premixs in fee simpte; that the same are free, tlear ar~d dittharged from all liens and encum-
brances in law w in equity, and that they w~~~ a~ i~lE'17 ~~n shsll wsrrant and defend the title to the samt to ths said
MpRTGAGEE, its sutcessors and assigns, fwever against the lawful claims and demands of all perip?s; ~
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the AhORTGAGEE the promissory rate hereinbefore described and sMll truly, p?omptly
and fully perform, diuharge, execute, complete, comply wi~h and abide by each and eve?y rhe stipulation~, aqreements, conditions ~nd toven~nts of said
~ promitl0/y note and of this Mortgage, then this Mortgsge and the Estate hereby uested shall te+se and be null a~d void.
IT IS UNQERSTOOD that the wwd "Mortgagor" whether in the singular or plunl anywhere in this Mortgsge, shall be singul+~ if one only and
, shall be plural joiroly and severally if more than one, and that the word "their" ~s used anywhere in this Mortgage shaN be taken to rnean "hef,•• •'hen;•
or "its," wherever fhe conteat w implies or admits. Also, that wherever there is s refe?ence in the covenann snd agreements Fxrein contained to any of
rhe parties hereto, the same shall be construed to me~n as well ss the heirs, legsl repreuntatives, successas snd assigns (eithe? votuntary by act of IM
parties or involuntary by operation of ~he tsw) of the s~me and that the covenants herein confained shall bind and tF?e benefita and advantayes irwre
fo the respective heirs, legal ~eprexntatives, successors and su'gns of the parties hereto.
And iaid Mortgsgors, for themselves and their'}~eirs, legal repreuntatives, successors and assigns, hereby jointly and severally covenant and ayr~e
fo and with the s~id MORTGAGEE, its successas and assigns:
i
1. To pay sII and singular thc principal and interest end the various and s~ndry sums of money psyable by virtue of said promiuwy note, ~nd this
mortgsge, each snd every, promptly on the days respectively the same uverally become due.
2. To pay ~II and singular the taxes, sssessmenri, levies, li~bilities, obligatio~s and encumbrances of every n+ture and kind now o~ s~id described
property, or that hereafter msy be impoted, tuffered, placed, levied, a ~uessed fhereon, or fhat F~ereafter may be levied or usessed upon tbis Morf¢
age, or the indebtedness secured hereby, e+ch and every, when due and payable, sccwding ro law, before lhey become delinquent, and befwe ~ny intereit
atraches a any penalty is incurred; AND tN50iAR AS ANY iHEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATt5f1E0 AND DtS~HARGED OF
~ RECORD ANO THf ORIGIfYAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANtE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER ?AYMENT; and in the event that any tlxreof is not
~ paid, sat'sfied a~d discharged sa;d MORTGAGEE may at any time pay the same o~ any pert thereof without waiving o? affecting any option, lien, eqvity or
•~qht under or by virtue of this morrgage and the full amount of each and every such payment shsll be immediately due and payable and shall besr interest
~rom the date thereof until pa~d at rate of n~ne per centum per annum and togethe~ with suth jnteyesl secur ~ e~en of th:s mw9t1~'e.
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