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THtS INDENTURE. Made the 4*h day o} December AD. 19__~ be/ween
Gary 1.. Price and Jean Fay Price~ his wife
of St . Lae ie ~~nty Florlda, herelna(te~ des~gnated as the "MORTGAGOR,° and FIRST PEOERAI SAVINGS AND IOAM
ASSOCIATION OF FORT PIERCE, + corporat~o~ orqan~zed and ex~it~ng under the laws of the Un~ted Statas of America and h~viny its printipal place of
busineu In the City of Forl Pierce, St. lucie County, Flaida, herainaiter designared as the "MORIGAGEE."
WHEREAS the MORTGAGOR is justly indebted to the MORIGAGEE in the sum of S Z'8 - 3~ 9ood and lawful money o( the Un:ted
S~ates advanced by the MORTGAGEE unio the MORTGAGOR, as eviciencad by a certa~n prom~ssory note of even date herewith, of which the foilowing i~
words and fig~res is a trve topy, to-wit:
s 28,300.00 N, laol914d ~
Fo~~ Pierte, Florida, ~ecenbgr 4
Far val~e rece+ved, wr or either oi ~s, prom;se to pay, without defaicat~on. to the ordrr of fIRST FEDERAL SAVINGS APlD LOAN ASSOCIATION OF
FOR7 PlERCE at Fort Pierce, F:or~da, the sum of 2~t30~•~ _ w~th inrt•rzst irom date a1 the rate of ?!?5o per annum, in monthly install-
•,ems as (o:!ows: S__~~iQ~_ on the __~~1day of .7snuarv ~q__~_ and a like sum on the correspo~d~ng e'ay of each momh there-
a~rer until the whok be fully paid.
Each installment first shall be applied in payment of the interesf and rhen on the unpaid balance o( the princ~pal sum. If default is made in the
~~~menf of tny installment wF~n due, and such drfauft com~nues 30 days, then it the option of the hoider, and without any othe~ ~otice, all the remaining
~~sfallments shall be due and payab:e af once. Privilege is given to p~epay ih~s note in whole o~ in part at sny t~me withouf penalty. Meither fo~ebenran[e,
nor acceptance by the holder thereof aftrr any default in any paymenes hereon, shall be deemed extension. A late payment charge of s_~aZQ shall be
.,dd_d to eeth enstatimeni remaining unpa~d 7 days af~er its due date, and a tlke sum shall br addad to rach such instailment remain~ng unpaid 7 days aftet
each succeeding payment dare.
Each maker, surety and endoiser hereof, jointly and severally, waives demand. presenrment protes~ and notice of protest for nonpaymeM, and furlher
agrees to any extension of rirTte of payment, e~tne~ belore w after maturity, w~thout not~ce to any of us; and to pay al{ costs of collection, inclutl~ng a
~.~asonable atto~ney's fee in the event of any defautt hereunde~, and hereby seve~allv wa~ves all beneiit of homes~ead and exemption under the constitution
,:•d taws of each State of the United States, as against this obGgatian or any exrens~an o? renewal hereof.
Witness the hand and seal ef each party.
- -~~~---~3.jt i vY:..o (SEAL)
' (SEAI)
(SEAI)
S 42 4 5 S/ Je a n~~ .Q ~ i~C e (s~?t)
•r~v ) State Revenue
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NOW, THEREFORE, the MORTGAGOR ft+r the purpox of securing payment of said sum of : 28 ~ 3~ , and the perfwmance of the
covenants and ag~eemenrs hereinafter expressed, and for divers good and vatuab!e considerations, by lhese presents, does grant, bargain, sell, remise,
~e ease, tonvey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the
Covnty of St . Luc ie and State of Fbrida, desuibed u follows: ~
A parcel of land lying and being in Government Lot 1, Section 33, Tovrnship 34 South,
~~nge 40 East; run 911.71 feet East from the Northwest corner of said Goverament
Lot 1 to a point of reference, which is the intersection of the western boundary
of a County Road and the North line of said Section 33; thence run 173.51 feet Nest
on the North line of said Government Lot 1 to the Point of Beginning;thence from the
Point of Beginning turn 90 degrees and run South 123.13 feet, thence turn 90 degrees
and run 90 feet West and parallel to the Nozth line of said Government Lot l; thence
turn and run North 123.13 feet parallel to t4?e East line of the property herein
described and thence turn and run 90 feet East along the North line of said Govern-
ment Lot 1 to the Point of Beginning; said parcel of land includes Tract "B" and the
East 10 feet of Tract '~C" as delineated vn the surveys of Yacht Vie~r which are recorded
in Deed Kook 221, page 4 and in Deed Book 24~, page 234, public records of St. Lucie
County, Florida;
Tt)GE?HER with an easement for ingress and egress to and over "Yacht Lane" as delineated '
on the above referenced surveys; and together qith riparian and dock rights on the
Indian River between the extended North and South lines of said "Yacht Lane".
SUBJECT to an easement and road right-of-way as described in Deed Book 247, page 214,
public records ~of St . Lvcie County, Florida
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; together with all and singular the tenements, ixreditaments and appurtances thereunro belcnging a in anywise apptrtainirg thereto, and all rents, iss~es,
i proceeds and p~ofits atcruing a~d to accrue from said premixs, all of which are included in the above and 4otegoing desuiptioo and habendum.
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~ TO HAVE AND ~F~ql~ the above described and granted prem~ses unto the said MORTGAGEE, itt successors and assigns forever. And the said
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h10RTGAGOR fu - heir:, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succe»as ~nd assipn~,
~ fhat -~~Y-a=Q-- lawfully se~zed of the said prem~ses in fee simpte; that the same are free, clear and dixharged irom all liens and encurte-
i brances in Isw or in equity, and that they M,;~~ a~ the ir heirs shatl wa~rant and defend the title to the same fo fhe ssid
410RTGAGEE, its :uccessors and assgns, forever against the lawful daims and demands of all persorq;
AROVIDFD, ALWAYS that if tFx MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and ihall trv{y, p~omptly
and fully perform, d~scharge, execute, complete, comp~y with and abide by each and every Ihe ftipuiations, agreements, conditions snd covenants of said
aromissory note and of this Mortgage, then this Mortgage and the Esfafe hereby «eated shsll tesx and be null and void.
IT t5 UfVDERSTOOD that the word "Mortgsgw" whether in the sirgular ot plural anywhere in this Mortgage, shall be singular if one only and
~ shall be pfuraf jointly and xverally if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hen,"
or "its," wherever the conteat so Emplies or admits. Alw, that wherever there is a ieference in the covenants and agrecments herein tontained to any o(
rhe parfies hereto, the same shall be construed to mesn as well as the heirs, legal representativet, s~cceasws and assig~s (either volunury by ecf of the
~ parries or involuntsry by operation of the law) of the same and that the covenants herein contsined shaN bind and the benefits and sdvantagp inurs
' ~o ~he respective heirs, legal rep~esentar;ves, succeuors and ass~gns of the panies hereto.
~ And said Mwtgsgors, for themselves and their heirs, legal representatives, successws and augns, hereby joimly snd xverally covenant snd apree
~o and with the said MORTGAGEE, its successors a~d asigns:
1. To pay sll end singular the principsl and interest and the various and sundry sums of money payable by virtue of said p~omisso?y note, and this
mortgage, each and every, p~omptly on the deys respectively the ~ame severally become due.
y 2. 7o pay eU and singular the taxes, astessmenri, levies, liabit~ties, obligations and encumbrances of every nature and kind now on said descri'~ed
property, w that hereafter may be impo~ed, suffered, plated, levied, or assessed thereon, or that heresfter may be levied a assessed upon this MortQ-
- age, o~ the indeb~ed~eu secv~ed hereby, each and every, when due and payable, according to Isw, before they become de~inqueM, snd befwe ~ny interest
a~taches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiLY SATISFIEO AND OISCHARGED Of
; R:CORD AND THE ORIGIhAI OffIC1Al DOCUMENT lSUCH A5, FOR INSTANCE, THE TAX RfCE1Pi OR 7HE SA11SfAC710N VAPER OFfIC1AllY ENDORSEO
OR CFR7lFIFD) SHAII BE PIACED IN THE HANDS QF SAIp MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is not
i pa,d, sat'sfied and discharged sa d MORTGAGEE may at any t~me pay the same or any part Ihereof without waiving or affecting any optipn, lien, equity or
•~qF,t under or by virtue of this morrgage and the full amount of each and every such payment shall be immediately due and payable and shall besr inlerest
; ~rom ~he date thereof until paid at ra~e of nme per cent~m per annum and together w~th such inte sr ured b the lien of th:t morglaye.
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