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THIS INDENTURE. Mads the 4th day of ~ecember A.D. 19 ry2 between
Bdaond R. Villa and Virgiriia A. Villa, his wife
of • Cou~ty Flwida, herei~after desynared as the ~AG~."Jan . RS EDERAL SAVINGS ANP IOAN
St Lucie ~
ASSOCIATION OF FORT PIfRCE, a corporation organ~zed and ex~sting under the laws of t ~Un~tcd Staias of America a~d having ita prinupal pface of
busineu in tM City of Fat Pierce, St. lucie County, Flwida, hereinsfler designated as the "MORTGAGEE:'
WHEREAS the MORTGAGOR is jwtly indebted to the MORTGAGEE in the sum of S~i.~O=~ , gsod and lawiul money of the Un:ted
Srates advanced by the MORTGAGEE umo the MORTGAGOR, as evidencad by a cena~n pr~m~ssory note of even date herew~th, of wh~ch the iollowing in
words and hgures ~s a vue capy, ~o-v~n:
= 21 ~ 000~ 00 No 10019142
Fwt Picrce, Ftorida, ~C ber 4 -19, 72
for value received, 1, wr or either oF us, prom~u to pay, without defalcat~on, to the order of FIRSi fEDERAI SAVINGS AP:D LOAN ASSOCIATIQN OF
iORT PIERCE a~ Fo~t Fierce, Ftor.da, the sum of $___a~~~~~ w~th ~neerrst from date at the rate of 7~°o per annum, in monthly mstal6
~ne~ts as fo1!ows: S_156~~ on the IOthday of ~y 19_-73_ and a like sum on the correspond~ng day o( escn m~nth there-
aEter uroi) the whale be iully paid.
~ Each installment iirat shatl be appiied in payme~t of the inreresl and ~hen on the unpaid balance of the princ~pal sum. If defa~lt is made in the
. Fayment of any insrallment when due, and such default contin~es 30 days, then at the option of the holder, and without any other notice, alt me remain~ng
:nstallments shatl be due and payabte at once. Priviiege is given to prepay this note in whote or in part et eny time without penalty. Ne~thtr forebearonce,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension_ A late payment charge o( S-~ ~ 8O- ~~all be
~ added to each insralimeN remaining unpaid 7 days after its due date, and a tike sum shall be addzd to each such inataCmem rema~mng unpaid 7 days after
~ each sutceeding payment dote.
Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentrnent protest and notice of prote;t for no~payment, and further
\ agrees to any extension of tin,e of payment, either before or after ma~urity, without not~ce to any of u:; and to pay all costs of collection, inciud~ng a
~ rrasonable attorney's fee in the event of any default heteunder, and hereby ~everally waives all benefit of homestead and exemption under the constitution
and laws of each State of the United States, as against this ob!igation w any extens~on or renewal hereof.
Witness the hand a~d seal of each party. -
s d R. Vill ~sEn~~
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~ i' (SEAI)
s/ ViYginia A. Villa ~~Ai~
:
~seau
~ t ~31'S~ 1 Sfate Revenue
(Stamp~~~Ysiq~rginrLwl~)
NOW, THEREFORE, the MORTGAGOR for the purpox of securing payment of sa~d sum of = 21 f 0~~ ~ and the performance of ths
covenanla and agreements hereinaiter expressed, and for diven good and valuable conside?ations, by these presents, dces g~ant, bargain, sell, remise,
~ release, convey and conf~~m unto the MORTGAGEE, its succeswrs and ass~g~s: aiI that certain lot, piece or parcel of Isnd, situate, lying, and beir?g in the
~ Counry of St. Lueie and State of Florida, desuibed as foilows:
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Lot 24, Block 247, PORT ST.WCIfi, SSCTION 6, as per plat thereof
on file in Plat Book 12, Pages 36A, 36B, 36C, 36D, of the Public
Recozds of St. i.ucie County, Florida
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~ !ogether with all and singular the tenements, hereditaments and appurtances thereunto belonging ot in anywiu appertaining thereto, snd all re~ts, iuues,
~ p~«eeds snd prof~ts accru~ng and to accrue from said premises, all of wh~ch are ~ncluded in the above and foregoing desuiption ar?d habendum.
~ TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, iti svtcessors ar?d auigni forevet. And the said
M1".ORTGAGOR fw thg?r--_- hevs, executws, administrators and assigns, hereby covensnts with the said MORTGAGEE, its successws snd ~uigr?s,
rhat th~_are___ iar„f~nY se~zed of the said prem~ses in fee simple; that the ume are free, clear and discharged from sll liens and encum-
~ crances in law or in equity, and that theyL will and their F~eirs shsll warrant and deftnd the title to the same to the said
~ .410RTGAGEE, its successors and assigns, fwever against the lawful daims and demands of sll persons;
4
_ PROVIDED, ALWAYS that if the MORTGAGOR shall pay uoto the MORTGAGEE the promissory note hereinbefore dewibed and shall truly, promptly
- ..nd fully oerform, diuharge, execute, complete, comp~y wiih and abide by each and every the stipulations, agreements, conditions snd covenants of said
;;;;s promissory note and of this Mortgage, then this Mortgage and the Es9ate hereby created thall usu and be oull and void.
IT I$ UNOERSTOOD thst the word '"Mortgagor" whether in the singular o~ plural anywhere in this Mortgsge, shall be singular if one only and
shall be plural joinNy and severally if more than one, and that the word "theii' as used anywhere in thls Mwtgsge shall be taken to mean "hit;' "hers;'
~ or "its,"' wherever ihe conteat so implies or admits. Alw, that wherever there is a reference in the tovenants and agreements herein co~tained fo any_of
rhe parties hereto, the same shall be co~strued to mean as well as the heirs, legal representatives, successwa and assigns (either voluntary by sd of 1Fx
parties or invoiunta?y by operation of the law) of the sartx and that the covenaots herein contained shall bind snd the benefits and advantages irture
!o the respective he~rs, legai representatives, succeswrs and ass~gns of the panics hereto.
And said Nto~tgagors, fw themseives and their heirs, legal representatives, successws and assigns, hereby jointly and severally tovenant and agree
r.;; +o and wirh the said MORTGAGEE, its successors and assigns:
1, To pay all and singular the principaf and interest and the various a~d sundry sums of money payable by virtue of said promissory note, +nd fhis
3;; ~ortgage, each and every, promptly on the days respectively the same severally become due.
n:~ 2. To pay sll and ~ingular the taaes, sssessments, levies, liabilities, obligations and entumbrances of every nature and kind now on ~aid deWibed
' uroperty, or that hereafter may be impoud, suffered, plated, levied, or assessed thereon, or that hereafter may be tevied a astessed upon this AM1wt¢
4y; age, a the indebtedness secured hereby, each and every, whcn due and payable, xcording ro Isw, befwe they become delinquenl, and before any interest
attaches or any penaity is incu~red; AND INSOFAR AS ANY THEREOF IS Of RECORD iME SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF
RECORD ANO THE ORIGINAL OFF~CIAI DOCUMENT (SU~H A5, FOR iNSTAhCE, TNE TAX RECEIPT OR THE SATISFACTION PAVER OfFICIAIIY ENOOR EU
a;? OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; and in the event thst any thereof is nol
yr; s~a~d, sat'sfied and d~schar ed sa d MORTGAGEE ma at an t~me a the same w an an thereof without waivi or a':ect~ ~n tion, ien, vi or
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- •~qht under w by virrue of this mo*fgage a~d the full amovnr of each and every such payment ~hall be immed~ately due a~d payable and shall bear interest
j.om rhe date thereof until pa~d at rate of mne per cent~m per annum and ph ~ch i~te s ~1 uc~red by the lien of th's mwgtape.
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