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THIS INOENTURE. Made the 12th day of December A.~. 19-..~C, betwcen
American Nomes and Mortgage, Inc., a Florida Corpor atian
of St • Lucie ~p~~~y Florida, here+nafret designatad as the "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO lOAP1
ASSOCIATION OF FORT PIERCE, • corpo~ation organizcd and ex:sting under the laws of the Un~ted Statfs of America ~nd h~ving its printipal place of
busineu In the City of fwf Pi~rce, St. lucie County, Fiorida, hereinafter de3ignated ai ~he "MORIGAGEE."
WMEREAS Ihe MORTGAGOR is ju~tly inde~ted ro the MORTGAGEE in the aum of s_~~~~9•00 good and lawful money of ~he Un:ted
States advanced by the MORTGAGEE unto tFx MORTGAGOR, as evidencad by a certa~n pro~nuory note of even date herewifh, of wh~ch the tollowiry in
--^•a_ ~~uret is a t~ue cOpY. to-wil:
: 16 ~ 500. 00 10019174
Fort Pierce, Flaida, Decenber 12 ~q~
fw valve ~ece+ved, we w eithe~ of ua, prom;u to pay, w~thout defatcar~on, to the ordrr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Florida, the sum of s_3.SZs5OO~O0 _ W;,h ~nrerest trom date a~ the rate of ~a~°io per annum, in monthly install-
mems as failows: j__~33 on the ~~~sy of Aor 19_ 73 and a tike sum o~ the correspond~ng day of each month there-
afrer until the whoie kx fully paid.
~ Each inslallment first shall be appl~ed in payment of the interest and then on the unpaid balance of the p~inupal sum. If default is made in the
paymsnt of any instaliment when due, and such default continues 30 days, then at the option of the holder, and w~thout any other ~otice, all the remaining
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instaiimrnis s~~eti be due and payable at once. Privilege is given to prepay this nofe in whole or in part at any time without penairy. Neither forebearante,
~o. arcr~:ance {,v ~he hotder thereof aFter any defauh in any payments hereon, ahall be deemed extenaien. A?ate payment charge of S 6~ 65 , shall be
added to each installment remaining unpa~d 7 days after its dae date, and a like sum shatl be added to each such i~stallmero remaini~g unpaid 7 days after
eath succeeding payment dare.
, Each maker, surety and endwser hereof, jointly and seve~ally, wa~vea demand, presentment protest and notite of pratesf for no~payment, ard funher
agrees to any eztension of rim~ of payment, either betore w after maturity, wirhout not~ce to any of us; and to pay all cosis of collection, inciud~ng a
reasonable attorney's fee in the event of any defau~t he~eunde~, and hereby severa!ly waives all benefit of homestead and exemption under the tonstitution
~ and laws of each State of the Un~ted States, as against this obl~gation w any exrension or ren~wal he~eof.
Witness ihe hand and seal of each party. ~+~IC~ AND A'~R2GAGS, I~G•
, By; s/ Williaa A. Anderson~ cseau
t~ Pr es iden t~A~~
t CorpoYate Seal Affixed Attest:s/ Verna L,, Anderson~
Secretarv~~
~ $ 24 ~ 75 ) State Revenue ~
iSAw~ps~eiled~are~igiwel w~t~
NO~N, THEREFORE, the MORTGAGOR fw the purpose of aecuring payrnerM of said sum of S 16 s 5~~ ~ ~ and the performance of the
covenants and agreements hereinaftcr expressed, and for divers good and vslvab(e considerations, by these presents, does grant, bar3sin, ssll, remisc,
re)ease, convey and confiim unto the MORTGAGEE, its s~ccessors and au~gns, ell that certain lot, piece or p~rcei of land, situate, tyin9, 'and being in the
Co~nry of $t. Lueie and State of florida, dewibed as follows:
;
Lot 10, Block 31, I.AKBW~OD PARK, UNIT NO. 4, as per plat thereof
on file in Plat Book 11~.Page 2, of the Public Records of St.
[.ucie County, Florida
CE `(,R~'
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M STATE oF FLORr--~..' 1 oGE~~E~Sp'~s,et~-~ 's~"~~~- ~
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rogether with all and singular the tenements, hered~taments snd sppu?tances thereunto betonging or in anywiie appe?taining thereto, +nd all rents, iuues,
proceeds and p~ofits atcruing and to acvus fcom aaid p~emises, all of which are included in the above and fwegoi~g dexription and habendum.
TO HAVE AND TQ HOID the above descri nd granted premises unto the said MORTGAGEE, its successon and auignt forever. And tir s~id
MORTGAf~OR fw lt S------ heirs, ex~s, administratort and assigns, herebv covenann with the s~id MORTGAGEE, its tucceuors ~nd ~sii~ns,
lt ~5 . . .
, rhat lawfully seized of the said prem~us m(ee s~mplr, that the same are free, dear and diuharged from ati tiens and encum-
brances in Iaw or in cquity, and that it will and 1t5 heirs shali warrsnf ~nd defend the tirle ro the sams to the uid
MORTGAGEE, its successors and ass~gns, forever against the lawful claims snd demands of all pertorq;
PROVIDEd, ALWAYS fhat if the MORTGAGOR shall pay unto the MORTGAGEE 1he promissory note hereinbefore described and shall truly, promptly
and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions snd toven~nts of said
promissory note and of this Mortgage, tfien this Mortgage and ehe Earate he~eby c~eatcd shall u+se and be null and void.
IT IS t/NDERSTOOD that ~he wo~d "Mortgsgor" whether in the s~~+gular or plural snywhere in this Mortgsge, thall be singula? if or+e only and
shall be plursl jointly and sevenlly if more than one, snd that the wwd "their" as used anywhere in this Mortgsge shall be taken to mesn "his;
"'hen,"
or "its," wherever !he context w implies or admits. Aiso, ~hat wherever there is a reference in the covenants and agreemenii herein cootained to ~ny of
the parties hereto, the ume thall be construed to mean as well es the heirs, legsl repreuntativef, successori and assigru (either voluntary by ad of the
partita or involuntary by operation of the law) oi the same and thar the covena~ts herein contained shall bind and the btnefib end advantages Frwre
to fhe respecrive hein, legal represerrtet~ves, succesfors and au~gns of the parties hereto.
And said Mortgagors, for themselves and thei? heirs, legal representatives, successors and assigns, hereby jointly and severally covensnt snd ~qree
ro and w~th the said MORTGAGEE, ~ts successors and assigns:
' 1. To pay ell and singulsr t}u principal and interest and Ihe vsriaus and sundry sums of money payable by virtue of said promi:sory note, and this
mwtgage, each er?d every, promprly on the days respettively tFie same severally becort~e due.
4. To pay all snd singulsr the taxes, assessments, levies, lisbilities, obligstions and encumbrances of every nature and kind now on said described
property, q that he?eafter may be imposed, wffered, pl~ced, levied, or aueased thereon, w that 1?ereafter msy be levied or ssuued upon this Mortg-
a9e, or the indebtedness iecured hereby, each and every, when due ar~d payable, xcording to law, before they become delir?quent, ~nd befwe any interest
attaches or any penalty is incvrred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DtSCMARGED OF
RECORD AND THE ORIG1hAl OfFIC1Al OOCUMENT 1SUCH AS, fOR INSiANCE, iHE ~AX RECftPT OR THf SATISFACTlON PAPER OffICIALIY ENDORSE~
OR CfRIlFlED) SNAII BE PIACED IN THE HANDS OF SAID MORT(',AGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; snd in the event that any thereof is not
paid, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waivi~g or sffecting any option, lien, eq~ity w
•~oht under w by virtue oi this mortgage and rhe fult amoun! of each and every such payment shall be immediately due and payable and shall besr interest
~~om the date thereof until paid at rate of n~ne per centum pe: an~rr~K~y,p~er~AwC~ s~~st shsll be secured by the lien of th's morgtaye.
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