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THIS INDENTURE, Made the 22na day of JuriB A.~J. 19_T.3._., be~wee~
MICHA'r~, IAPIGA~, A?1D SE.~IIC~ A. LO~IGA?~I,~ W~E ~
o( ~t. ~l1C~B Counry Flaida, hereinafter deigna~ed as the "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS APiD 10~1N
A$$pC1AT10N OF FORT PIERCE, • corpwatio~ organized ~nd eaisting u~der the laws of ths Unit~td Sut~s of Americ~ ~nd Mvin~ it~ princ}~al plact of
butinsu In the City of fwl Piact, St. Lucie tounty, Ftorida, hereinafter designated as ths "MORiGAGEE." ~
WHEREAS ths MORTGAGOR is jvsfly indebtsd to the MORiGAGEE in the sum of s~2~1~.~ , good and lawfut ~non~y of ~hr Un;trd
States advanced by the MORTGAGEE unto the MORTGAGOR, as ~evidenced by a ce~~ain promissory nole of even da~c herewith, of wh~ci, the foltowing in
words and figu~e~ is a true copy, Io-wit:
f ~Q~~ ~p ZZ~Z~T
Fort Pierce. Flwida, J~ 22 19 73
Fw value received, 1, we or either of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAL SAVINqG~S AND LOAN ASSOCtAT10N OF
FORT PIERCE at Fort ierce, Florida, the sum of S 22.f1~•~ with ~nt rest from date at the rate of ~!_!~'o per annum, in monlhly install-
~~,ents as follows: i1~7•~ on the2~h day of Au~l13t' 19_~3, and a like svm on the corresponding day of each month the~e-
after until the whole be fully paid.
Each inxtatlmenf fint shall be appt~ed in payment of the inte~est and then on the unpaid balancr of -ilw-pdnupal sum. If deiauh is made in the
i,ay~nenl of any instailment when due, and such default continues 30 days, then al the option of the holder, and without any olher notice, all the remainfng
~nsralfinents shall be due and payable at once. Privilege is given to prepay this note in who~e or in part at any time without penaity. Neither forebearance,
nor acceptance by the Mlder thereof after any default in any payments hereon, sha!! be deemed extens~on. A Iate payment charge of Su• shall be
added to each inst~llment re~naining unpa~d 7 daya after its due da~e, and a I~ke :um shall be added to each avch ins~allment remaining unpaid 7 days sfter
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severalty, wa~ves demand, presentment protest and notice of protest fw nonpayment, and furthe~
ag.ees to any extension of time of payrr~nt, either before or afler maturity, without notice to a~y of us; and to pay all costs of collection, includin9 s
reasonabte attorney's fee in the event of any defaull hercunder, and hereby severally waives aIl benefit of homestead and exemption under the tonafitulion
and taws oi each State of the United States, as against this obli9a?ion w any eatension a renewal hereof.
Witness rhe hand and ua! of eacb party.
. /s/ Michael Lonea2el (SEAt)
(SEAL)
s Ber:~tice A. Longa2el
~ 33 . Z K ) Stafe Revenue ~U
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NOW, 7HEREFORE, the MORTGAGOR for the r 22~1'QQ'~
pu pose of securing payment of ssid sum of S snd the performance of the
covenants and agreemenfs hereinafter exp~essed, and fw d%vers good and valuable considerations, by these presents, does grant, bsrgain, aell, remise,
release, convey a~d confirm unto the MORiGAGEE, its successors and assigns, atl that certain lot, piece or parcel of land, •ituate, lying, and being in the
County of $t. I.ueie and State of Florida, dewibed es follows:
Lat 16, Block 119~ LAKE'r~00D PAP.K UNIT 10, as per plat
thereo_° on _°ile in Plat Book 11, Fage 29A; 29B; 29C;
29L, of the Psblic Records of 5t. I.ucis Lounty, Flori~a,,~
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4 together with atl and singutar rhe fenement~, heredi?aments and appurtances thereunto belonging a in anywite appertaining tF?ereto, and all rents, issues,
? p+oceeds and profita accruing and to accrue from said premixs, all of which are irxluded in the above and foregoing deuription and habendum.
TO HAVE AND TO HOID the above deuribed and granted Fremises unto the said MORTGAGEE, its auccesson snd assigns forevN. And the said
MORTGA}G~O,QRt ,fw heirs, executors, administrators and assigns, fxreby covenants with 1he said MORTGAGEE, it~ sutcesson and usipm,
F rhat
~ ~g--- lawfutly sei:ed of the said premises in fee simple; that the same are free, clea~ and dixharged from all liens snd encum~
; brances in law or in equity, and that th~y vv;tl and their heirs shaq warrant and defend the title to ihe sams to the taid
MORTGAGEE, its succeasors and assigns, fwever againsf the lawful claims and dema~s of slt persons;
PROVtpED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore dexribed s~d sF?~!1 truly, promptly
and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulaYrons, agrcements, tcnditions and covenants of ssid
prom;ssory nate and of rhis Mortgage, then this Mwtgsge and the Estate hereby created shall cease a~d be null ~nd void. ~v~
1 IT IS UNOERSTOOD that the word "Mortgsgor" whether in the singular or plural snywhere in this Mortgage, shall be singular if one only ~nd 'j~ ~
' shall be plursl jointly and severally if more than one, and that the word "their" as uxd ~nywhere in this Mwtgege shall be taken to mean "his;' "hen," ~
r or "its," whe~ever the context so implies or admits. Alw, that wherever there is a re(erence in the covenants and sgreements F~erein tontained to sny of
? rhe oarties hereto, the same shall be coostrued to meso as well as the heirs, legal rep?esentatives, successors and asi~grn (either wtuntary by ad of Ihe
? parties or involuntary by operatio~ oi Ihe law) of the same ana tna? tne covenan?s nerein ~w~~.~r~: ;ha:: .~,E.-.~ ::.3 ~.^r!ah_ an•! a•±•!±n!••a•4 :n.~rw
~ to the respective heirs, legsl rcpresentatives, successws and ass~g~s of the parties hereto:
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And said Matgagors, fw themselves and their heirs, legal repreuntatives, succestors and auig~a, hereby jointly and severally covens~t and agree
to and with the said MORTGAGEE, its successors and assigns: ~
' 1. To pay all snd singvlar the principal end interest and the various and sursd~y sums of money payable by virtue of said promissory note, and thit
; mortgage, each a~d every, prompNy on the dsys respectively the same severally become due. , ~
2. To psy all and singvlar the taxes, assessments, levies, liabililies, obtigstions and encumbrsnces of every rsature end kind now or? said destribed c~' ~
i
property, a that hereafter msy be imposed, suffered, placed, levied, or assessed thereon, o~ that l~e~eafte~ may be levied or essessed upon tha Mort¢ ti;,;
age, or tF?e indeb~tdness ucured hereby, each and evcry, when due snd payable, according to law, before they become delinquent, and before any interesl
y attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAIL BE PROMPT[Y SAi!$FI~D AND DISCHARGED OF
RECORD AND THE OR1Gf13Al OFFlCIAL DOCUMENI (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SATISFACTION PAPER OPIfCIAILY ENDORSED
OR CERTIFIED) SHAIt BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thcreof ia not
Gaid, sat'slied and d~scharged sa:d MORTGAGEE may at any time pay the same w any part theseof without waiving or affecting any option, lien, equity a
•~pht un~er o~ by virtue of this mortgage and the full amount of each and every such payment shafl be immediately due. and payable and shall bea~ infe~eat
_ ~~om the date thereof until paid at rate of ~~ne per centum pe+ annum and together w~th svch interest shalf be secured by the lien of th:~ morgtage.
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