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TNIS INDENTURE. Mad~ tP~e 20th day of October A.D. 19 72-- bstw~?
James R. Scurlock~ Sr. and ?ir~, Kay Scurlock, hia Mife
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of St . 1'uCi@ County Flaida, Mreinaf~e~ deiignated as the "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation wflanized and exii~iny under the laws of ths U~ited Statq of America and havinp ib princip~l place of
business i~ tF» City of fon Piace, St. Lucis County, Florida, he~einafter desi~nated ~s 1M "MOR~GAG?E:'
WHEREAS ths MORTGAGOR is juitly indebted to the MORTGAGEE i~ the sum of = a5 ~~0 • DO , good and fswful money of the Un~ted
States advanced by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a certa~n promiuory note of even date herewith, of which the iollowing in
words and figures is a true copy, to-wif: ;
~ a s, o00 . oo L~1.~968 ;
Fort Pierce. Flaida. ~tober 2~ 19~ ~
Fw value received, 1, we or either of us, piomise fo pay, wifhout defslcation, to the order of fIRST FEDERAL SAVINGS AND IdAN ASSOCIATION OF
FORi PIERCE at Fwt Pimce, Florida, the sum of =25 a~~ • 0O with interest from date at the rate of Za~96 ptr in~~~+. ln mo~thlq inslall-
r~ents as foltows: Z 18S on the lSt day of February , ~9 73 and a like sum on the careaponding day of each month therr ;
aher uMil the wAole be fully paid. i
_ Each installment firs~ shall be applied in payment of the interest and then on the unpaid bslance of the princ+pal sum. (f d-ault 1s msde in the
~ Fayment of any installment when due, and such default continues 30 days, then at the optio~ of the holder, and without any other r+utice, sll the remai~ing
~ ~nsrallments shall bc due and payabie at once. Privilege is given to prcpay fhis rate in whole w in parf at any time without penslfy. Neither forabearsnce,
, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paYment tharge of Z~• 25 shsl) be
• added to each installment remainirg unpaid 7 days after its due date, and a like sum shall be added to cach such installment remaining unpaid 7 dayi after
• each succeeding paym4nt date.
d Esch maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpaymenf, and further
1, ag~ees to any extension of time of payment, either before or aiter maturity, without notice to any of us; and to pay all costs of collection, inctuding s
~ reasonable atforney's fee in the event of any default hereunder, and hereby severally wsives all benefit of homestead and exemption under the conatit~tan
and laws of each State of the United States, as against this obl~gation a any exte~sion w renewal hereof.
Witr~:s the hand and seal of each party_
~ S/ Janes R. Scurlock~ Sr_ ~AU
cs~?~)
~ S/ Tina ICay Scurlock ~
(s~?U
~ $37. S~_ ) State Revenue
~ !£tem~o~l~a~~
NOW, THEREFORE, the MORTGAGOR for the purpose of seturing payment of said sum of S 25~~~•O0 and the performance of ths
L-: covenants and agreemeMS hereinafter expreascd, and fw divers good and valuable considerations, by these presents, does gram, baryain, ull, remise, ;
~ release, convey and confirm unto the MORTGAGEE, its iuccesso~s ~nd assigns, all that certain lot, pieu or partel of land, situate, lying, snd beinp in 1he ~
~ounty of St . 1.uCie and State of Florida, dewibed ~s followr. y
i
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Lot S, Block 92, LAKEWOOD PARK, UNIT 8, as pez plat thereof on file in `
4
Plat Book 11, page 19, of the Public Records of St. Lucie County, Florida,
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CUMENtARY TAMP TAY
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DEPT. UF RE11ENUF
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2~ = 31. 5 0 ~ ~ ~ - IN P. "
~ ~ DIE ON G/1SS 'C' 1ll~AftGIBIE PE::~V~L ~
. WR4llAMi IQ CFiAPTER 71-134.. ACTS ~ 19iL~~~
. ~06ER POtTWts
~ q~p~ palpi~ ~I. 1liC1E ~
rogether with all snd singular the tenements, hereditameMi snd appu~tantes thereuMO belonying or in anywise +ppe?t+Inirg thereto, and ~II renb, iss~es,
proceeds snd profin acuving and to acuue from tsid prem'~ses, all of whith are intl~xled in the sbov~ ~nd foteyanp desuipf'an ~nd Mbend~m.
TO HAVE AND TO HOLD the above desaibed and granted premises unto the said MORTGAGEE, its suaeswn snd suiym fwever. And tM said
~hORTGAGOR fw their executws, administrators and auigni, hereby covensnb with the ssid MORTGAGEE, in succes~ws ind ~ssipm,
rhar thev ~Q Iawfully uized of tFie said premises in fee iimple; that the s+me ue free, ckar and diuharyed irom all Ikro and enturrf
brances in law a in equity, and that thev vvi11 and their he;n iha11 warra~t and defend the title to the sam~ to tM s~id
MORTGAGEE, itt :vccessors snd assigns, fwever sgainst the lawful claims and demands of sll persau; .
PROVIOED, ALWAYS that if tFx MORTGAGOR shatl p~y unto`the MORTGAGEE the promissory oote herei~before described and shaU fruly, promptly
~ and fully perform, dixharge, execute, complete, comply with a~d abide by each end every the st~pulatwns, agreemen», conditions s~d covonsnri of said •
~ promiiwry note and of this Mortgage, then this Mortgage aod the Estate hereby aeated ihall uase snd be oull ~nd void. i
IT (S UNDERSTOOD that tF~e word "Mwtgagor" whetFKr in the singular or plural anyw.'xre in this Mwtgspe, shall be sinpular if on~ only a~d i
shall be plural jointly and severally if more than one, and that the word "their" as used snywlxre in ?his Nlwt~+ge sF?~II be taken to mtsn "his;' "hen," *
or "its," wherever the context :o implies w sdmits. Also, thst wherever there is s reference in the covenants snd ~greemenri herein oont~ined ro any of T
rhe parties hereto, the ssme thall be construed to mean as well as the heirs, kgsl representativet, successors snd auiqns (either vdunt~ry by acf of the ~
parties or involunt~ry by operat'an of tF+e law) of the same and that the covensnts herein contsined shall bind and ~he benefin •nd adv.ma~es i~ur~
ro the respective heirs, kgal reprexntstives, successors snd au°gns of the psrties hereto.
And sa'~d Mwtgsgors, fw thcroselves and their heirs, leg~l representatives, successon a~d auigro, hereby joinHy and stvsrally tovenant ~nd ayree j
ro and with the said AhORTGAGEE, its tuccessors and ~ssigns:
1. To pay sll end sirgular the principal and interett and the wrious snd tundry wmi of money payable by virtue of iaid p~omissory not~, ~nd thn ?
mortgage, each u+d every, promptly on the days respeaively tM ume severalty becom~ due.
2. To pay all ~nd singular the taxes, +sse:sments, levies, lisbilities, obliyatwns and encvmbnnces of every nswre ar?d klnd now on said deuribed r
properry, a th~t heresfter may be imposed, suffered, placed, levied, or suessed thereon, or thst hereafter may be lev'~ad or assessed upon this Mort¢ ;
age, a tM indebtedneu secured F~ereby, each and every, wF~en due and payable. ~ccwdirg to law, beiwe they become delinquent, and b~fon ~Ify II11NHf ~
anaches w any per?alty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTLY SATISf1E0 ANO DISCHARGED Of i
RECORD AND THE ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIALIY ENOORSED ~
OR CERTIFIED) SHAII 6E PLACED IN 7HE HANDS Of SAID NtORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst ~ny theteof is no1
paid, sat"sfiet) snd dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiviny w sffeding ~ny opYa~, lien, equity a
~~qht under a by virtue of this mortgsge and the full amount of each and every such payment shall be immediately due and psyable and shall be~r interest '
~rom the date thereof until paid st rate of nine per centum per annum and toye~her with such interest • II red by the lien of fh:s morytaye.
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