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THIS INDENTURE. 1N~d~ tM 'ZSth day of 'J~g A.D. 1973
- between
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Johr~ R. Sullivan a sin 1• adult ~
af t• LuCi@ County Flwida, heninaflN dtil9nated ss the "MORTGAGOR;' ~nd FIRST iEDERAt SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, • corporatio~ uqanized ~nd ex~~ti~ undar ths laws of tM United Stat~~ of America a~+d Mvirq Its principal place of
busineu in tM City of fon Pi~ru, St, tucie Cou~ty. Ftorid~, hertinaftK de~i9~~~ed as tM '•AAORTGAGEE:' '
WHEREAS tM MORTGAGOR is jvitly indebttd to 1FM MORTGAGEE in the sum of =20~2~~~ good and lawful money of the Unlted
States advarxed by the MORTGAGEE unto tha MQRTGAGOR, as evidented by a certain promisswy note of even date herewith, of which tha toftowing in
words and fig~res i• a 1ruO copy, to~wit: 10~~IQi~
s24a~QQ~_ No
' Fort Pierc~. Flaida. .JW1~ 28 1~_
for valve rECeived, 1, we or ei~her of us, promise fo pay, wi~hout defalcatio~, to fhe order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fwt Pierce, Fbrida, the sum of =20~2~~~ with interest from date at the rate of 8~~ % pe~ annum, in monthty install-
~~en~s as toltows: i 169~~ on the 2~h day of A~ust , 19 73 snd a like sum on the carespo~ding day of each month there-
afr~• until tM whote be fully paid.
Each installmeof tirst shaN be applied in paymenf of Ihe interest and then on the unpaid bal~nce of the pri~cipsl sum_ If de(ault ia made in the
~~ayment ot any installment when due, and such default continuei 30 days, lhen at the option of the holder, and witho~l any other notice, all the remaining
~~~staliments shafl be d.,e and payab:e at once. Privilege if given to prepay this note in whole or in part a! any time without penalty. Neilher iwebearance,
r.or atteptancb by the hotder tRcreof afte~ any deFaulf in any parmentt heaeon, shall be deemed ex~ension. A late payment charpe qf .s 8~'45 , shell be
added to each installment remaining unp~id 7 days after its due date, and a like sum shall be addrd to each such installmcnt remaining unpaid 7 days ~ffer
each socceeding payment date.
E~ch maker, surery and endorser hereof, jolntty and severally, waGves demand, preseNmint protes? and notice of protest fo~ nonpayment, snd further
agrees to any extension of time of paymen~, either betore w after maturiry, without notice to sny of vs; and to pay all costs of collection, includ~ng ~
reasonable attor~ey's fee in ~he event of any default hercunder, and hereby ~everally waives atl benefit of homestead end exempfion under the conatitution
and laws of each State of the United States, as againal this obligation p any e,ctension a renewal hereof.
Witness the hand ar~d seal of each party.
(SEAU
s/John R. Sullivan, a sin9le a~~t
- (se~U
ts~4U
( $3~`3~ 1 Stats Revent?e
(s~e,~pr-~n~dkd~wrw~iwa~~w~1 20 200~00
NOW, THEREfORE, the MORTGAGOR fot the purpox of secv?ing payment of said sum of = ~ ,~nd the perforrreance of ths
covena~ri and agreements Ix~e~nafter expresud, and for d'+vers good snd v~lusbk considerations, by theae presents, does grant, bargain, sell, ~emise,
release, convey and coniirm unto the A10RTGAGEE, its successors and augns, all thst cert:in 101, p'~ece or parcel of Isnd, situale, lying, and bei~g in ths
County of St •~'1~Cie ~nd State of Fbrida, deuribed ~s follows:
Lot 17, Block F, MARAVIW.A BSTATBS, as per plat thereof on file in Plat ~ook 8,
page 77, Pubiic Records of St. L.ucie~County~ Flosida,
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E ttio2 ~FJiK C~ACUIT CWRT, ST. Lf1CfE pp
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's togetl~er with sll and singular the tenements, Aereditaments and ~ppurtances thereunto belonging or in ~nywise apperbining thetefo, and all rents, issves,
i proceeds snd profits acuuing a~d to scaue from ~aid premixs, all of which are included in the abow and foregoing description and Mbendum,
TO HAVE AND TO HOID the above desaibed and grsnted p?emises unto the said MORTGAGEE, in successors ~nd auipns -forever. Md tia sttd
MORTGAGOR for the~r he;rs, executors, administrstors and sssigns, hereby coven+~nts with the said 1Nt)RIGAGEE, its suctessors and ~piyro,
rhat --th~-~g- lawfulty seiz~ of the said premises in fee simple; that tl~e same are free, cleir ~nd dischsrged from sll I'rcns ~nd erxum~
brances in I~w or in equity, and that '--ey will arrd their ~~~s shall w~rrant and defend the title to the same to the ~sid
MORTGAGEE, its successors and assy~s, fwever sgainst the lawful clsims and demands of aIl perfont;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto thr MORTGAGEE the promissory note heteinbefora dexribed and tMtl truty, promptty
and fully perform, diuMrge, execute, complete, comply wirh and abide by each and eve?y the it;pulitions, agreements, conditiona and covenant~ of said
prom;ssory note and of this Mwtg~ge, then this Mortgsge and the Estate hereby ueated th~ll cease snd be null ~nd void.
- IT IS UNDERSTOOp tMt the wwd "Mwtgsgor" whNher in the s~ngular o? pl~ral anywhere in this Matgsge, shall be sinyular if one only and ~
t shall be plural jointly ar+d seve~ally if more than one, snd that the word "their" as uscd anywhere in this Mortgage sball be takcn to mean "his;' "hen,"
; or ^its;' whe?eve~ the cor~text so implies or admits. Also, that wherever the~e is a reference in th~ coven+ms ~nd sgreements herein cont~ined to any of ~
r the parties hereto, the same shall be construed to mean as well as the heirs, legs) representstivet, successws and auigru (either votunt~ry by ect of the ~
5 pa.ties or invotumsry by operation of the law) of tiro same and ~nai ine co.e~::~~:s ~a:~, :;,:...E she!! !+6~ tlv M~firi and ~dvaMages inur~
- ro the respective hein, kgal represeroatives, successors and ass~gns of the psrties hereto.
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And said N~wtgsgors, for themselves and their heirt, legal representatives, successwt and suigns, hereby jointly and severatty covenanf and ayroe ~
to and with the said MORTGAGEE, its successors ~nd sssigns:
~ 1. To pay all ~nd iing~lar the principal and inteieit and the various snd sundry sums of money psyable by virtue of said p~omiasory note, and thi~
morsgage, each and every, promptly on the days respettively the same severaliy become due. t"'~
2. To psy all •nd singutsr the taxes, sssessmenn, levies, liabilities, obligarions and encumbrances of every ~ature and kind now on said described ~
; prope?ty, w tMt here~fter may be impased, s~fiered, pl~ted, kvied, or astessed thereon, or that F~ereafter may be levied or ~ssetsed upon this Maty- .-r. ~
ape, or the indebtednesi secured hereby, each and every, when due and pay~ble, ~ccording to I~w, before they bec«ne delinquent, ~nd before any interat
ar~aches w any penalry is incurred; AND tN50FAR AS ANY THEREOF IS OF RKORD THE SaME SHAtL BE PROMPTIY SATISFIED AND D15CMARGED OF
' RECORD AND 7HE ORIGlhAt OFf1C1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIALIY ENDORSfD
; OR CERTIFIED) SHALL BE PIACED IN ~HE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NcXT AfTER PAYMENT; and in the event that any lhereof is not
pa~d, sat'sfied and discharged sa:d MOR7GAGEE msy st any time pay the iame q any part thereof witFwut waiving or sffecteng sny option, lie~, eq~ity p
_ ~~~ht under cr by virtue of this mortgage and the full amount of eath and every such payment shall be immediately due and payable and shall besr interest
~~om the da+e thereof until paid ar rare of n~ne per centum per ~nnum and together w~th s~ch interest sh~N be secv~ed by the I"ren of th:s morgtaye.
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