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THiS INDENTURE. Made the 2~ t h day of OC t Obc~ r A.D. 19 72 between
_ R, L, IiutchPr an;c~ Fxa~na P. Autch~ri his wife
of ~t• ~.UC1P County Florida, herei~afte~ desgnated as the "MORTGAGOR.'~ and FIRSI FEDERAI SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, a corporation organized and existing unde~ the laws of the United StatQS of Americ~ a~d havinp its printipal plscs of
business in the Cify of Fort Pierce, St. Lucie County. Florida, hereinafter desi9nated as the "MORTGAGEE:'
WHEREAS the MORTGAGOR is juitly indebted fo the MORTGAGEE in the sum of S 9~~~ . . good and lawfu! money of the Vnited
S~a~es ad~ranced by the MORTGAGFE unto the MORiGAGOR, an evidenced by a certa~n promissory note of even date herewiti+, of wh~ch ths (ollowing in
words and figures is a true copy, to-wit:
s' 9~ OOO.nO ~ 10018981 ~
Fort Pie~ts, Florida, Oc tobc~ r 26 19 ']2
For value received, t, we w either of us, prom~se to pay, withour defaicat~on, ?o the o.de? of FIRST FEDERAI SAVINGS AND LOAN ASSOCtAT10N OF
FORT PIERCE at Fwf Pierce, Ftorida, the s~m of j 9 t~~ with interest irom date at the rate of 7• 5 % pe~ anrtum, in moMNy instal4
rr~ents as fol~ows: f ~ 3. 00 on the 1 St day of F PbiUd i"y _~9 7~ and a like sum on the corresponding day of cach month there- ;
after uNil the wnote be fully paid.
Eath installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. tf d ault is made In the
; aiment oi any installment when due, a~d such defaulf tontinues 30 days, then at the optio~ of the holder, and without any other :atice, all the remaining
,~~srailments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penahy. Neither forebearance,
ner acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A lafe payment charge of : 3.65, shall be
addrd to each instaftment remaining unpa~d 7 days after ita due date, and a like sum shall be added to each such installment remaining unpaid 7 days after
each aucceeding payment date.
Each maker, surety and endaser hereof, joinlly and several~y, waives demand, presentment protest and notice of protest fo~ nonpayment, and funher
agrees to any extcnsion of time of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of coi~ectio~, including s ~
reasonable anorney's fee in the event of any default hereunder, and hereby se~cra;ty waives all benefit of homestead and exemption undet tht constitution
and laws of each Srate uf the United States, as against this obl~gation or any eztens~on or renewa( hereof,
Witness the hand and .seal of each party.
(SEAI)
s/ R . L . Qutcher
(SewU
s/ Exanna o . Butcher ~q~~
~ ~ 1~. SO t State Revenue
(Stamp~uwc~!!~d-on-origiwal twta-
MOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 4• 0~ • and the performs~ce of ths
coverwnls and agreements hereinafter expressed, and for divers good and valuable co~siderations, by these presents, doei grant, bargain, sell, remise,
release, convey and conf~rm unto the MORiGAGEE, its svccessors and assigns, al! tF~at certain lot, piece or parcel of land, situate, (ying, and being in the
County of St . LUCIP State of Florida, desuibed as followi:
:111 of Lot 11 in Hlock 30 of llnit ~1 ( rpvised) of Fort aierce ShorPS,
as o~r pl~t thereof on file in Plat Book 9 at ~ane 35 of the Public
RFCOrc~s of Saint Lucie County, Florida./
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~ A OC3CUMfN~ARY tAMP t~ x~ ~ IN MYMQf[ Of J~
OEPi. OF RE1?E1rUE ,i i1,
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~ oc~ aH cu~a ~c ~~utsise~ ~ttso~ ?r~
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CIF~I( CltlCWT OOUAT~ WCIE 004 FU~
together with all and singular the tenements, hereditamenri and appurtances thereunto belonging w in anywise spperqining thereto, ~nd all renM, Iuues,
protceds and prof~fs accruing and to accrue from ssid premius, all of which are included in the sbove and fore9oing description and habendum.
TO HAVE AMD TO HOID the above described and granted ~xemises unto the said AAORTGAGEE, its svccesson and assigns forevet. And tl» said
thpi r
MORTGAGOR for heirs, executors, administratori snd assigns, hereby covenanh with the ssid MORTGAGEE, ib tvccessors a~d auipro,
tr,ey .are
!hat lawfully seized of the uid premises in fee simple; thst the same are free, clesr and disc!iarged from all liens and encvm-
brance~ in law o~ in equity, and that t hey W~~~ a~ t}lE'1 r heirs shall warrant a~d defend the titls ro the seme fo ihe s+id
MORTGAGEE, its successws and assigns, fwever sgainst the tawful claims and demands of al! persons;
PROVIDED, ALWAYS that if tlx MORTGAGOR shalt pay unto the MORIGAGEE ti~ piomiuory note hereinbefws destribed and ahall truly, ptomptly
and fully perform, dixharge, execute, complete, comply with and ab~de by each and every the stipulations, agreement~, tonditions and covenants of said
promissory note and of this Mortgage, then this Mortgage and the Estate hereby aeated shall cease and be null ~nd void.
IT IS UNDERSTOOD thst the wwd "Mo?tgsgw" whether in the singular w ptural enywhere in thii Mo?tgage, shall be sinpvl~r if one only ~nd
shsll be plural joinfly snd severally if more than ax, ard that the word "their" ss used anywhere in this Mwtgage shall be t~ke~ fo mean "his; "'hets,"
or "its;' whlrever the context so implies w admifs. Also, that wherever there is a reference in the covenants snd syreements he~ein contained to ~ny of
rhe psrties hereto, the same sha1J be construed to mean as well as the heirs, legal repreuntstives, s~ccesson and assigns (eithN voluntary by stt of the
parties or involuntary by operation of the law) of the same and that the covenants herein contained sMll bind and the benetits and ~dvantsyes inurt
to the respective heirs, legal reprexntstives, s~ccesso?s and au'gns of the psrties herefo.
And said Hbngsgors, io. tF~emselves and their heirs, legal repreuntatives, sutcessors and auigns, hereby jointly and severally covenant and ~pree
to and with the said MORTGAGEE, its successws a~d asi~gns:
1. To pay sll a~d •ingular tFx prirxipal and interest snd the var'wus and sundry sums of rteoney payabb by virtue of s+id promiswry note, ~nd thn
mortgage, each and every, promptly on the days respectiveiy the s~me severally become due.
2. To pay al( and singutar the ~axa, assessmenn, levies, liabilitiet, obligations and encumbrsnces of every nawre and kind now on said d~scribed
property, a that hereafter may be impotcd, suffered, placed, levied, a suessed thereon, or thst hereafter may be levied o~ usessed ~pon thi~ Mortp-
age, w tMe indebtedness secured hereby, exh and every, when due ~nd payable, xcwding to Iaw, before they become delinquent, a~d befae ~ny Fnterest
attathes a any pe~alty is incurred; AND IN50fAR AS ANY TNEREOF IS Of RKORD THE SAME $HALL BE PROFMTLY SATISfIED AND DISCHARGED Of
RECORD ANO THE ORIGINAL OFFICIAI DOCUMENi (SUGH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER Off(C(ALLY ENDORSED
OR CERTIfIEO) SHAII BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TFN DAYS NFXT AFTER PAYMENT; and in the event fhat any thereof is not
paid, sat'sfied ~nd discharged sa:d MORTGAGEE may at sny time pay the same or any pa?t thereof without weiving o~ affecting sny option, lien, eqvity w
•iqht under or by virtue of this morrgage and the fvll amount of each ~nd every such payment shalt be immediatety due and payable and ~hal1 bear Interest
~ram rhe date the?eof until paid at rate of nine per centum per annum and toge~her w~th such iMerest~ha~ll be secured by the lien of th:s morgtage.
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