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'~'1 , A.D. 19 73 between
THIS INDENIURE. AAad~ the 29th day of y
James N. Titherington and Josefa C. Titherinaton~ his wife
of St • L'uCie Cwnty Florida, haainaf~~r designated as tM "MORTGAGOR;' and FIRST FfDERAL SAVINGS AND LOAN
ASSOCIAiION OF fORT PIERCE. • corpaation ayaniud and exiitirg unde~ tM lavin of ths Unitcd St~t~s of Americi ~nd havin~ its principal place of
bwineu in tM City of Fort PiKCe, St. lucis County. Fbrida, 6er~irtait~t de~iynated a~ tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is juftly indebted to th~ MORTGAGEE in the sum of 20~~~~~ , good eod law(ul money of the Un~ted
~ States +dvanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by s ce~tai~ promisswy note of even date herewith, of wh~ch the followirg in
, w.ords sod fi~ures is a t~w copy, +o-w~t: 10019913
~20.000.0o riav ~ ~ ,9z~
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,
\ Fwf Pis~u, Florida,
Fa value received, 1, we w either of us, promfse to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
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FORT PIERCE at fort Pierce, Ftorids, fhe sum of s 2O~~~tO~- with interest from date a1 the rate of ~.a~% per annum, in monthly instat6
ments as follows: i 168'~~ on the10th day of `Jujy . 1973 and a like sum on the cwre~pond~ng day of each month ~hcre-
~ after uNil the whole be fully paid_
` fach installment first shall be appfied in payment of the interest and then on the ~npaid balsnce of the pr~~t~pa~ sum. If default is made in t~~e
1 payment of any instail~nent when due, and such default tont~nues 30 days, then at the option of the holder, and without any other notice, all the remaininq
;nstallments shall be due and payable at once. Pcivilege is given to prepay this note in whole or in part at ar.y time without penalty. Neither fwelxarance,
nor acceptance by the holder thereof after any default in sny paymrnts hereon, shall be deemed extensan. A late payment chargc of S 8~~ shall be
~ added to each installment remaining urtpaid 7 days after its due date, and a like sum shall be added to each such installment ~cmaining unpaid 7 daya after
each succeeding payment date.
~ Each maker, surety and endorser hereof, joinNy and severally, wa~ves demand, presentment protest and notice of protest fw nonpayment, and further
~ agrees fo any extcnsion of time of payment, e~ther before or after maturity, without notice to any of us; and to pay all costs of collection, incl~ding a
reasonable at!wney's fee i~ the event of any default hereunder, ar.d F+ereby seve~ally waives aIt benefit of homestead and exemption under the constitut'ron
and Iaws of each State of the United States, as against, this obligation or any eatension a renewal hereof.
~ Witneu the hsnd and seal of each party.
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NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of isid sum of s ~~~~0~~ snd the performence of the
covensnts and agreements hereinafter expressed, and for divers good and vslvable co~s~derations, by these p~esents, does grant, baryain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its succeuors and auigns, sll fhat cert~in lot, piece or parcel of land, tituate, lyin~, and bsinp in fhe
Couny of St • I.11C1S and State of florida, dewibed as follows:
Lots 7 an~i 8~ Block 6~ CRAMER'S ADDITION, as per plat thereof on
file in Plat Book 2, page 10, of the public records of St. Lucie
County, Floric~a . .
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TATE °F ~!._.O R i D A~
~ ppCUAl~EN1ARY~;:i,ST/.____
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~ t A X ~ `c~,,.~ `~o ~,~.~~~y,,~~t.
`T _DEP _Of REIIEMUE •i ~•s A~ _a C`~t
M - ~ a ' « ~ V. ~ V ~ ~~,y~- .
~c = ^ .i1?~I : Y79 ~ ~ • : .
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~ eogether with all and singular the tenements, hereditamentt and appurt~nces thereunto belonging or in anywise appert~ining thereto, and +11 rents, issues,
~ p.ocecds and pro4its acuui~g and to acvue irom said premiscs, all of which are included in t1x sbove and fwegang desc?iption and habendum.
TO HAVE AND TO HOID fhe above deuribed and granted prcmises unto the said MORTGAGEE, ib svccesson snd auiyns fwever. And tM s~id
~ MORTGAGOR for their exec~tas, sdministrators and assigns, hereby covenantf with the seid JNORTGAGEE, its successors and ~stiyro,
~ rhat - th~~~`~'
T~-- lawfulty seized of the said prem~ses in fee simple; that the same are free, clear and diuharged from all liens ~nd encum~
~ brances in law or in equity, a~d that tr•ey will and their heirs shsll w~rraM and defend the title fo the same to the said
~3 MORTGAGEE, its successors and essigns, faever against the lawful daims and demands of sll pertau;
- PROYIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefwe dewibed ~nd sMll truly, promptly
_ and fully periwm, dixharge, execute, compkte, canply with and abide by each snd every the ttipulations, ~grcements, conditions and covenanri of said
promissory rate and of this Mortgage, then this Mortgage and tF~e Eatate hereby c+eated shall cesse and be null and void.
~ IT IS UNDERSTOOD that the wwd "Mwtgsgor" whether in the ~ingular w plu~al anywhere in this Mortg~ge, shall be singulu if one only u?d
shall 6e plural joimly ~nd severally if more than one, and that the wad "their" as used ~nywhere in this Mortgage shall be t~ken to mean "his;' "hers;' ~
w°its;' wherever the conte~ct so implies or admits. Also, that wherever there is a reference in tht coven+nn and spreements hereim m~qined to any of ~
the psnies hereto, the ssme shall be cautrued ro mesn s~ well as the heirs, legsl representstivef, tuccesson ~nd assigm (eithe~ volunury by ~ct of tht ~
:......i_...~,.y ~,y .,~,..a~k,., ~f ri,.. Iwwl of the same and that the covenaots herei~ cont~ined sbsll bind •nd ~he benefin and advant~yes inurt
~ rv...~r~ ~
ro the respective heirs, leyal representarives, successon and sss~gns of the parties hereto. i
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And said Mortgsgors, fw themulves and their hein, legal representativa, succeasors and +uigns, hereby jan~ly and severally covenaM erd ayree
to and wi~h the said lNORTGAGEE, its successort snd ai:igns:
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~ 1. To psy all •nd singulsr the principal ~nd interest and the various and sundry sums of money payable by virtue of aid promissory note, and this
~ mortgage, esch and every, p+ompt~y on the days ~espedively the same severally become d~e. ~1
~ 2. To p+y all snd singvlar the taxes, sssessmc~ri, levies, li~bil+tie~, oblig~tions ~nd encumbrances of every nature and kind now on ssid dewibed ~
~ prope?ty, w that hereafter may be impo~ed, suffered, plxed, levied, or auessed thereon, w that hereafter may be levied a asseised upon this Mort¢
age, or tFie indebtedness secvred hercby, each and every, when dve and payabte, accwdiny to law, before they bccome delinq~ent, and befwe any interest r-i
attathes or an nal ~s incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGE~ OF
~ Y P~ W
RE~ORO AND THE ORIGItVAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIPT OR TNE SATISFACTION PAPER OFFICIAIIY ENDORSED
UR CERTIFIEO) SHAII BE PIACED fN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the er-ent that any thereof is not
- paid, sat"sfied and dischsrged sa:d MORTGAGEE may at a~y time pay the same o~ any part thereof without weiving or af(ecting a~y option, lien, equity or
k=: •~qht u~der or by virtue of this mortgage and the fvll amount of each and every such payment shall be immediately due and payabk and shall bear interest
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~,~F ~.om the date thereof until paid at rate of nme per centum per annum and together w~th such interest shall be secured by the lien of th:s mwyta~e.
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