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THIS INUENTURE. Made Ihe 26th ~y of r,S t@I~@I' A,p. 19?~
- bttw~en ~
_ David C. Newaann and Linda O. Neuna f~~
i~~~g ~
~
of St• LUCi@ C~py~~y F~a~~, ~einaiter desipnatad ~s th~ "MORTGAGOR:' end FIRST FEDERAL SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, a mrporation wy~niud and exi~tirg unda tM lawt of tM UniMd Sut~s of America ~nd h~virp its pri~cipal p}ap of
busines~ i~ the City of Fwt Pierce, St. lucis Co~nty, Fbrid~, her~inaftK d~tignated as 1h~ ••MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE i~ ths sum of ~ 26L~~•~~ good and lawful mw~ey of the Untted
S~atea advanced by the MORiGAGEE unto the MORiGAGOR, as evidenced by a ccrt~in promiuwy note of even date herewith, oi whith the followinp in
nords and figures is a frue copy, to-w•it:
: 26,000.00 ~,y~ 10018856
For, P~.~c.. F~;d,. SePteaber 26, 14 72
For value received, 1, we w either of us, promise to pay, wilhout defalcation, to the or.ier of FIRST FEOERAL SAVINGS AND LOAN ASSOCIATION OF
fORT PIERC~ a1 Fwt Pierce, florids, 1he sum of : 26~~~~~~ with interest from date af the rate of 7~'S pe~ aneum, in monthly insbll-
~~~ants as follows: S 210.~ an ~ha 1St ~y of November ~q_ 7~ a like sum on ths carospa?dirg day of eact? month therr
afrer until the whofe be fully paid.
Each i~s~allment lirsl shall be applied in payment of the interest and then on the unpaid balance of the {xinupal sum. If d ault is made in the
F:ayrnent of any installmrnt when due, and such default continues 3p day~, then at the option of 1he holder, and without sny ofher notice, all the remaining
~nstallments :hait be dua and payable at once. Privilege is given to p~epay thea nore in whob Or in p~rt at any time without penilry. Nlither forebNt~nte,
nor acceptance by the holder thereof afta any default in any paymenh hereon, shall be deemed extension. A late payment cMrge of ~ 1O ~~shall be
added to each instalEment remain~rg unpa~d 7 days after its due date, and a like sum shall be added to each such instatlment remaining unpaid 7 days after
each succeedinq payment date.
Each makrr, surety and endorser hereof, jointly and sererally, wsives demand, presentment prnte:t and notice of protest for nonpayment, ~nd funher
agrees to any eztension of time of payment, either before or after maturity, without notice to any of us; and to pay all msts of collection, irxludiny ~
r~~r.sonabte attwney"s fee in the event of any default hereuader, and hereby severally waives all benefit of homtsread and exemption under ths constituffon
,;nd laws of eech State of the United States, as against this obligation or any exte~sion w renewal hereof.
W~iness the hand and seal of each pa~ty.
~ S/David C. Neun4ann ~~U
(SE~?U
S/Linda O. Neu~ann ~
c $39'~ ~ State Revenue
NOW, THEREfpRE, the MORTGAGOR fw the purpose of seturing payment of taid swn of = 26s~0~0O , ~nd ths performance of ths
covenants and agreements hereinafter expressed, and fw divers good and valwble considerations, by these presenn, does grant, ba~gain, sell, ~emise,
re'ease, convey and tonfirm unto the MORTGAGEE, iri successors ~~d assgns, all tMt ttrtaio bt, piece or p~rtel of lu?d, aituafe, lyi~g, and being in the
~ ounty ot St . Lue ie and State of Flw~da, deuribed ~s follows:
Lot 2~ Block 1, FORT PIERCE ESTAT6S, a subdivision in the City
of Rort Pierce, Florida, as per plat thereof on file in Plat
Book 9~ Page 32, of the public records of St. Lucie~ County,
Rlorida.
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p oocuMf~ ~ ° ?N P~~ ~ ~
pEPt. Of REYE
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E ?r O O t RECEIYE~ PERSOi~IAI PROPERr.
z~ _ ~ ~E~2Yi2 • ' ~ ~ ~ pN CU?SS •C INiANGIBIf js ~ 1971. .,~i
•~c~ ~ F.S. ' f p,JRgUAKT i0 C!:lIP'~ 2 7 1- 1 34. IV~
iw ° ~ ~1102 R"„+.E~ POITWIS ~
~ q,ERK CIRCUIt t~~1• S(. 1I1C1E OD~
ragerher w~th afl and s;ngula. ~he teneme~ts, hered;tsmenri and appurtsnces thcro~nto belooging w in anywise sppertaininy therefo, ~nd all rer~ts, i~sues, ~
p~xeeds a~d profits accruing and to acuue from said premises, all of whith are included in the ~bov~ snd fore9pinp deKription and habendum.
TO HAVE AND TO HQLD the above desuibed and yranted premises ~nto the faid MORTGAGEE, ih wcceswrs and ~uipns fwsvp. Md th~ said ;
their
h10R7GAGOR for he;rs, eaecuton, ~dministraton and assgrq, hereby covenanb with the Nid 1NORTGACsEE, Fft wocestors and apfy% ~
the are Iawfufl seized of the said p Q
that Y prem;ses in fea sim Ir, tMt the same ar~ fr~s, clear sr+d dischar ed from all lisns and encunr +
b~ances in taw or in equity, and that they their hein sial! wsrrinf ~nd defsnd the title to tM tarn~ to tM s~W
!M,ORTGAGEE, its successors and asi~grn, forever sgairot the lawful claims and demands of all persons;
PkOViuEO, AtrvAYS +har if ii~e MORiGAGQk sha~! pay unto the MORTGAGEE fM promissory note here'mbefore described and shall trvly, promptly
and fully perform, discharge, execvte, compkte, compty with ~nd abide by each ~nd every the stipulationt, apreertxnb, tonditions u~d cOvtnanri of said
promissory note and of this Mortgsge, tlxn this Mwtgsge snd the Estate hereby veated shall cease and be null u~d wid,
IT IS UNDERSTOOD that the word "Mwtgsgor" wF~ether i~ the sinyular w ptural anywhere in thia Morty~ye, ~II be sinyular if on~ on:y and
shall be plural jointly and severally if more than ons, ~nd that the word "tF~eir" ~s used anywhere in this Mortgaye shall be taken to mean "hif;' "hen;'
o~ "iis," whereve~ tlie c:.r:ext so imp!ies or admits. Alw, that wherever there is a reference in the tovenants u~d agrasmenb herein oontained to arryr of
rhe part~es hereto, the same shall be corutrued to meah as well ai the hein, leyal npresentatives, successon and suiyro (eithe~ vo(untary by acf of t1k
parries or invoiuntary by operarion of the law) of the same and ~haf the covenanls herein contained shall bind and tha benefits and +dvant~yp irwr~
ro ttx respective heirs, legal representativd, successon and ass%gns of the parties heteto.
And said Mortgagors, fw themselves u+J their hein, legsl rep?eser?tafives, succesao?s u~d ~uigns. FKreby jointly and severa{ly wvenant and apree
ro and with tFie said MORTGAGEE, its successors ~nd auigns:
1. To pay slt and sirgular tlx principal and intere~t snd the varian and sundry sums af rnoney payable by virtve of said promiisory not~, and thi~
moregage, esch u?d evcry, promPtlY on the dsys respectivety ihe same s~vtrally becprnt dw.
2. To pay all snd s~r?gular the bxes, sssessme~ts, levies, liabilit~es, obliysYwm and encwnbrances of every n~twe and kind now on s~id dsspibad
Prope?ty, o~ thst hereafte? may be imposed, svffered, piaced, levied, or suested thereon, or that heteafttr may bt leyitd p~sses~ed upp~ t??is Morip.
age, or the indebted~ess secured hereby, esch and every, when due ~nd pay~ble. Kcadirg to law. befote they becomt delinquent. ~nd befa~ any inte~e~t
attaches w any penaly is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORD THE SAME SHAII SE PROMPTIY SATfSF1E0 AND OISCHARGE~ Of
RECORD AND THE OAIG1hAl OFFICIAt OOCUMFNT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFfIC1AllY ENDORSEO
OR CERTIFIEO) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the evenf that any the~eof is not
pa~d, sat'sfied and discharged sa'd MORTGAGEE may at any lime pay the same w~ny part thereof withouf waiving ot afledinQ any opTion, lien, tqvity p
~~qht under w by virt~e of th~s mortgage and the full amount of each ~nd every t~ch psyment thall be immediately due and p~yabk and shall bear interest j
~~om the dste thereof until pa~d at rate of nine pa centum per annum and together with such interest ~ha11 ~eR u b the lien of th:s moryt~e.
aooK ~ PACE23~'~
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