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1HIS INDENTURE. Made the 6th day of OCtQber j~ , A.D~ ~9~Y behiveen
CZifton l.lv1~d and Mari~ l.inyc~, his wife
of $t . LUC1Q Counry Fiw~da, hereinaftcr designated as the "MORTGAGOR," and FIRST fEUERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERGE, a corporat~on wganized and existing ~nde~ the laws of the Un~ted Statas of America and h~vinp its principal place of
business in 1M City of Fort Piace, St. Lucie County, flo~ida, heteinafter designated ss the "MORiGAGEE:' ~
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of = 1O.a 3~• 0O , good and ~awful mo~ey of the l)n~ted
S~ates advanced by the MORiGAGEE unto the N10RTGAGOR, as evidenced by a certa~n promissory note oi even date herewitF+, of whlch the following in
words and fi ures is a trus copy, ~o-wit:
= 10,30~.00 ~ 10018900
FoH Pierce, Flwida, October 6 19 72
Fw vatue received, 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS Ai~D IOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the sum of j- 1O ~ 3~~• w;th interest from date at the rote of ~e~per annum, in monthly install-
ments as fot!ows: i 8S• 0O on the l St day.of December , ~9 72 and a like sum on the cwrespond~ng day of each month there-
after unfil the whole be fully paid.
~ Each installment tirsl shall be applicd in payment of the interest and then on the unpaid balance of the prinupal sum. li d ault is made in the
~ a,rment of any installmen~ when due, and such default continues 30 days, then at the opti~n of the holder, and without any other notice, all the remaining
~nstallmems shail be due and payable at once. Privilege is given to prepay this nate in whole or in part at any time without penalfy. Neither forebearance,
nor acceptance by the holder thereof after any default in any paymeMS hereon, shall br deemed extension. A late payment tharge of s 4!
,25 shall be
added to ezch installment remaining unpaid 7 days after its due date, and a like sum shall br added to each such installment remaining unpaid 7 dayi after
each succeeding payn~ent date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protesf for nonpayment, and further
agrees fo any extension of time of payment, either before or after maturity, without notice to any of ~s; and to pay all costs of collection, including s
reasonabte attorney's fee in the event oF any defa~It hereunder, and hereby seve~atly waives al~ benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this obligation or any extension or renewal hereof.
W~tness the hand and seat of each party.
s/ Ci if ton L~oyd (SEAI)
(SEAL)
s/ Mar ie L1Qyd (SEAI)
~ (SEnu
~ $1 S. 4 5 ) State Revenue
(StaQyr~ sarwllei ~w ~~igi~»I~t~)
NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment of said sum oi = l~~ 3~•0O , and the perfwmsnce of ths
covenants and agreement~ hereinafter expressed, and for divers good and valuable considerations, by tMese presents, does gront, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its succeuors and assigns, ali that certain lot, piece or parcel of tand, situate, lying, and being in thtr
County of St . Luc i e and State of Fiwida, dexribed ai follows:
Lot 3, Block 4, according to Plat of FAIRLAWN
SUBDIVISION, which said plat was filed December
3,1925 and recorded in Plat Book 6, Page 5,
Publ ic Records of St . Lucie County, Flozida
I
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E oF ~LORIDt~ ~
, STATE
j OOC~jARr. $TAMP TA~. ~
~EPT. U~ REVENUE . _ 'S y ~
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rogether with all and singular the tenements, hereditamentt and appurtances thereunto belonging or in anywise appertaining fhereto, and all rent~, issud,
proceeds and profin accruing and to accrue from said premises, all of which are irxluded in the above and foregoiny dewiption and habend~m.
TO HAVE'AND TO HOLD the sbove described and granted prcm~ses unto the ssid MORTGAGEE, its successws and assiyns fwever. And tiw said
MORTGAGOR fw t~l~---- he7?s, ezecutws, administrators and assigns, hereby covenanb with the a~id MQRTGAGEE, it~ iucceuw~ and ~s~i~m,
rhat -thgy lawfully seized of the said prem~ses in fee simple; thst the same are free, clear and discharged from all liens ~nd entum~
brances in law or in equity, and that theyt._. w~11 and thoi r heirs sha11 wsrranf and defend the title to the sams fo the said .
~ MORTGAGEE, its successws and auigns, forever against the lawful ctaims and demands of all persons;
PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe dewibed and ahall truly, promptty
and fully pe?form, d~uharge, execute, cornplete, comply with and abide by each and every the stipulations, ag?eements, conditiont and covenanri of said
~ promi~swy note and oi this Morlgage, then thit Mortgage and the Estate hereby created ~h~H cease ~nd be nvll ~nd void.
~ IT IS UNDERSTOOD that the word "Mortgs9or" whether in the singular a plural anywhere in this Mwtgege, shall be sinyul~r if one only end
shall be plural jointly and severally if more than one, and that the wwd "fheir" as used s~ywhere in this Mortgsge sMll be tsken to mean "his," "hen,"
ar "its;' whcrever the conte:t w implies or admits. Alw, that wherever there is a reference in the covenants and ~greements herein contained to any of
rhe parties hereto, tF~e same shall be co~strued to mean as well ss the heirs, legal representatives, tuccessors and assigns (either voluntary by ad of tFN
pa~ties or involuntary by operation of the law) of the same and that the covenants herein contained ihall bind ~nd the benefits and ~dvanfsges inur~
~ to the respective heirs, legal representatives, successors a~d ass'gns of the psrties hereto.
And taid Mortgagors, fo~ themseives and their hein, legal reprex~tatives, successors ~nd sssigns, hereby jointly and severally covensnt and iyree
ro and with the said MORTGAGEE, its successors and assigns:
1. To pay all snd singular the principal snd interest and the variaus and sundry sums of money payable by virtue of said promissory note, a~d this
mortgsge, each and every, promptly on the dsys respectively the same severally become due.
2. To psy all and singuls~ the taxes, assessment~, levies, liabilities, obligatioos snd encumbrances of every nature and kind now on ssid desaibed
property, w th~t hereafter may be imposed, wffered, plxed, levied, o~ sueued thereon, o? that hereafter may be levied w uussed upon this Mortg-
age, a ths indebtedness tecured hereby, each and every, wF~en due snd payable, xcading to law, before they become detinquem, and before any intereit
a~taches w any penalty is incurred; ANU INSOFAR AS ANY TMEREOf IS Of RKORD THE SAME SHAII BE PROMPTLY SA115FIED AND OISCHARCaED OF
RECORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereof is not
paid, saYSfied and discharged sa:d MORTGAGEE may at any time pay the same w a~y psrt lhereof without waivi~g or a(fecting sny option, lien, equity or
•~qht under or by virtue of this mortgage and the (ull amovnt of each and every such paymenf shall be immediately due and payable and shall bear interest
crom the date thereof until paid at rate of nine per cent~m per annum and together w~th u i r st a!I be secured by the lien of th:s morgtaye.
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