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THIS INDENTURE AMds the 15th ~y of June~ A,D. 19
73 betwten
Williav F. Saa~son and Bonita G. SaeeQson,, his wife,~N,~D~Hora~d ,$~~npsnn
_ Helen D. Saapson, his wife AND Eserson G. Saapsan an~ Iria ~~t~a,. his rifQ
of St . WC~6 County Florid~, Mreiniftet desig~ated ~a 1ht '-MORTGAGOR," ~nd fIRST'FEOFRAL' SAVINGS AND LOAN
ASSOClATlON OF fORT PIFRCE. a capaition wgan~sed ~nd ex~s~ing unde~ ~h~ laws of the Un1t~d Sta~~s of Arn~~k~ ~nd I~arlnp 1» principal pl~c~ of
busiMSS in th~ City of Fwi Pi~res, St. lucie Counry, Florid~. hxeinaftt~ d~tipnatsd ss tM "MORTGAGEE."
WHEREAS ths MORTGAGOR is justly indebted to 1M MORTGAGEE in tha sum of = 27 ~ 6~a..QQ , 9ood and i~wfvl money of the United
~ Srares advarxed by tl» MORiGAGfE unto the MORTGAGOR, as evidented by a certain promiuo?y nole of eve~ dats herswi~h, of which the followinp in
words and figures is a trw copy, to-wit:
27 600 00 ~
t ~ • r,~„ 10020029 `
\ . Fon P~erc~. FI«id,, June 15 ~y7~
~ for value received, 1, we w either of us, prom~se fo pay, without defalcanon, to the order of FlRST FEDFRAL SAYINGS AND IOAN A550CIATION OF
\ FORi PIERCE at Fwf Pierce, flo~ide, fhe sum of s 27 s 6~ • O0 with interest from date at the ~ate of [..~e.rro per en~um, i~ monthly ins1a11-
n,ents as folfow:: S 2~' ~ on the ~~h day of ~pt@~beY , 19 73 and a like aum on the corres ~ da of each month therr
~ i?o^d~^9 Y
after until the whole be fully paid.
~ Each in:tallment first shall be applied in paymenf of the interest and ~hen on the unpaid ba(ance of the piinc~pal wm. If detault is made in the
w payment of any instalfinenf when due, and svch default continues 30 days, then at the option of the holder, and without any other notice, all the remaining
~ ~nstallments shall be due and payable at once. Privilege is give~ to prepay this note ie whole w in psA at any time without penahy. Neither forebear~ncl,
nor acceptance by the holde+ thereof after any default in any payments hereon, shall be decmed extens~on. A Iate ge 1
0_~_,45
~ payrrxnt char of i shall be
` added to each instaitment remaining unpa~d 7 days aher its due date, and a like sum shall be addes! to each such installme~t remaining vnpaid ~ days ~fter
,j each tucceeding payment date.
~ Each maker, surety and endo~se~ hereof, join~ly and severally, waives demand, p?esentme~t protest and notice of protest for nonpayme~t, and further
~ agreas to a~y extension of time of paymcnt, either before o? after matur7ry, without notice to any of us; snd to psy all msts of collection, includ:ng a ~
~ reasonable attorney'a fee in the event oi any default he~eunder, s~d hereby sevcrally waives all benefit of homestead and exemption under the constitutan
' and laws of each State of the United States, as ayainst this obliflation or any extensian w renewal hereof.
~ Witness the ha~d and seal of each party.
` Sr fiaerson G, Saa~son (Seal) S~ William R. Saupson ~U
~ S/ Iris T. Saapson (Seal) S1 Bonita G. Sannson ~~U
51 Howar d W. Sa~~son ~~U
S1 Helen D. Sa~Rs~n ~ i
~ S41 .40 ) State Revenue f
prse~ aaw~ul a~ aq~s~~)
NOW, THEREfORE, the MORTGAGOR for the pu?pose of securing payment of said sum of s 27s6~•~ , ~nd the perfwmance of the ~
covenants ~nd agreeme~ts herainafter expressed, and fo~ divers good and valusbte conside~ations, by these preunts, doea grant, bargain, setl, remise, ~
release, convey and confi~m unto the MORTGAGff, its svcceuors and assigns, all that cenain bt, piece or pucel of land, aituate, lying, and being in the ;
County of SL . 1.1iC1 e srx! State of Ftwida, described s~ tollovrs: ~
. _
~
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F
Lot l, Block 112, LAKEWOOD PARK, UNI? 9, as per plat thezeof on file in
Plat Book 11, pages 2~, 27A through 27D, of the Public Records of St.
Lu~ie County, Florida,
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f
s~ STA E~F FLORIC3~4 ~ ~
~Z , DC)CUMENTARY .,,~,~T~M~ TAY ~
DEP7. Df kEVE!YUE ~ ~
Q - c
^ ~ 4 1. $ 0 1 RECEIVED y lH PAYA".~~ o~ zaxa
a~ `pts2 ..:::~27'l3 ' ~ pN CtASS'C tN7Ali61BLf PERSO?~AL PROPERIY,
pURSIlANT TO CHAP'TER 71-134. AC7S UF I911~,p ,
ROGER POiTRAS Fl4
CIERK CIRGiIti C3JRi, S;. L'Ji:?E
together with all and singular the tenemeMS, hereditameMS and appurtances thereuMO betagirg w in ~nywise ~ppertaining thereto, end all rents, iuud,
proceeds and profits acc~veng and to acvue from said premises, all of which are included in the abovs and foregoing description and habendum,
TO HAYE AND TO HOID the above desaibed and gnnted premises unto the taid MORTGAGEE, iri successors and auig~ forever. Md tlw s~id
MORTGA~GyO,,R,~f~or LhEl~ ~;~s, executas, administrators and assigns, hereby cwenants witF~ the said MORTGAGEE, its s~rtcessors and ~ui~m,
rhat Iswfully uized of the said premises in fee simple; that the ume ue free, tkar and diuharyed from al) liens and ~rKVm-
brances in law or in equity, and that tbey will a~d t he ir heirs shal! wsrrant and defend the title to the same to the said
t~tORiGAGEE, its successws and assigns, fwever ~gainst the !awlu! claima and demands of all persons;
PROVIDED, ALWAYS ehat if the MORTGAGOR shaU psy unto the MORTGAGEE the promisswy note hereinbefwe described and slull troly, promptly
and fully perform, d~xharge, execute, compkte, comply with and abide by each and every the stipulations, agreemeMi, conditions and covenants of i~id
promissory note and of this Nbrtgage, then this Mwtgage and the fsrate hereby veated shafl cease and be ?wll and mid.
iT (5 UWDERSTOOD that the word "Mortgagor" whether Fn the singular p plvia) inyw?kre in this Mortgsge, shal) be sinyular if o~e only and
shal{ be ptu~al jointly and severally if more than one, and that the wwd "their" as osed snywfiere in th~s Mortgage shall be taken to meao "his:• •,hen;•
or "its," wherever the context so impliei or admits. Also, tF~at wherever there is s refe~ence in the covena~ts ~nd egreemenri F~e~ein contained to srry of ~
rhe parties hereto, the ssme shall.be co~strued to mesn as well as the heirs, legal representativet, successon and ass"~grn (either voluntary by ~N of iM ~
r,a.ricK or involuntarv bv ooeratan of the law) of tAe same and that the covenants herein cont~ined shsll bind and the benefib snd advantayes inure
ro tf~e respective heirs, legal represenratives, successors and au~gns of the part;es hereto. h~
And said Mortgagws, fa themselves and tl~eir heirs, legal representatives, svccessors and auigns, hereby jointly and sev~rally tovenant snd sqree ~
to and with the said MORTGAGEE, its svccessors and suignx
1. To pay all and singular the principal and interest and the various and sundry sums of mo~ey payable by virtue of ssid promissory note, ~nd this i''
mortgaye, each and every, prompNy on rhe day~ respectively tl~e same xverally become due.
2. To pay +II and s;ngulu the taxes, ~asessmenti, levies, lisbilities, obligstio~s and encumbr~nces of every nature and kind ~ow on said dauibed ~
property, w that hereaifer may be imposed, suffered, placed, levied, or ~uessed thereon, or tl~st hereafter m~y be levied p usesied uppn tha µprt~. ~
aga, w tF~e indebtedness secured hereby, esch and every, wher+ due and payablc, xcordinp to law, before they become delinquent, ~nd before ~ny intereit
arraches w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAIL BE PROMPTIY SATISFIED AND OISCHARGED OF otU
RECORD Al~iB THE ORIGIt3At OFFICIAL DOCUMENT (SUCH A5, FOR INSTAN~E, THE TAX RECEIPT OR TNE SATISfACT10N PAPER OFfICIAtIY EML~ORSED q~.
OR CERTlFlED) SHALL BE PLACEO IN THE HANDS OF SAiO MORTGAGfE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in 1he event that any thtreof is not
pa~d, sat'sfied snd discharged sa:d MORTGAGEE may at ~ny time psy the same or any psrt thereof without waiving w affecting any option, I;en, equity or
•~qht u~der a by virtue oi this mortgage and fhe fuli amovnt of each and eve?y such paymenf si~all be immedisfely due and p~yabie and shall bear interest
~.om the date thereof u~til psid at rate of n~ne per centvm pe? annum and together with such interest shall be secured by tFx lien of th:s morQtaye.
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