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TNIS IN~ENTURE, Msd~ 1M 21st day of Au~list . q.p. Iq 73 between
_ John F. Wilson and Johanna Wilson, his wife ~
• of St. LyyCi@ . Co~nfy Florida, h~rsin~ft~? dtsignated ~s the "MORTGAGOR;' snd i1RST FEDERAL SAVINGS AND IOAN
t: ASSOCIATlON OF FORT PIERCE, a torporatio~ wp~nized ~nd existiny u~de~ the laws of fM United Stat~s of ArtNric~ a~d Mvinp iri p?incipal pl~ce of
busin~ss M tM Ciry of Fwf PiKCe, 51. luci~ Couoty. Fbrid~, i?treinaft~~ desipnaisd as fM "MORTGAGEE."
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WHEREAS th~ MORTGAGOR is jwtly indtbt~d to tF?~ MORTGAGEE in ttw sum of S 1O ~ - yood snd lawful money of the United
' S~ates adv~nced by ths MORiGAGEF unto tF~e MORTGAGOR, as evidenced by a cauin promiuory nofe of even date herewith, of which the foliowinp in ~
\ =iO'~+d~.r~~s • trw coPy, to-w~t: ~ 1Op203S9
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~ fwt Pixc+. Fiorlda. A11~St 21~ 19 73
Fa value received, I, we or either of ~s, p~omise to pay, without defalca~ion, to ths order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF
fORi PIERCE at fwt Pierce, flwida, ~he sum of s 1O ~~0• ~ w;th interest from date at the rate of 8• 7~ per a~a+vm, in ma~thly insrall-
rr,enrs ~s foltows: s 89•~ on the ~Oth day of Oatober ~9 73 and a like sum a? the carespond~ng dar of each month there-
~ afrer until the whole be fully paid. '
J Each installment first :hall be applied in payment of ths interest and then on the unpaid batsrxe of the princ~pal sum. If defau)? is made in 1M
ti.. payment of any insta~lment when due, and such default tontinues 3p days, then et the opYwn of 1he holder, and without any other notice, all tl» rcmaini~g
~na~altments sh~ll be due and payable at onca Privilegs is given to prepay thit rate i~ whole or in ps~t at any time without pen~lry. Neifher iorebearsnce, '
~ nw acceptance by the holder thercaf after any default in any paymenls ixreon, shsll be deemed eatension. A late psyment charge of S 4.45 shall bs
t added to each iru~allment remaining vnpaid 7 dayi afte~ iri dus dafe, and a like sum shall be addcd to each such installment remaining unpaid 7 days after
~ each wcceeeaing_paYment date. - - _ .
~ Exh maker, sure and endorur hereof, 'ointl and uverall , w~ives demand, -
~ ty 1 y y presentmem protest and notice of prote~f fw nonpayment, and funher
agrees to any exte~san of time of payrrKnt, either before or after maturity, withou? notice to any of us; and to pay all costs of collection, includ;~g a
~ reasonable attorney's fee in the event of any default hereunder, ~nd Ixreby seve~ally waives all bertefit of homestead and exemption under the ta?stitutan
and laws of each State oi ~he United States, as against this obligation or any extension o~ renewal he~eof.
' Wit~ess the hsnd and seal of each party.
~ cs~,?u
~ sj Jo~rt F. WiI scs~ c~~)
~ cs~?u
^y $15.0~ s Johanna Wilson ~
( ~ Sqro Revenue
tSt~a~ps.car~c~U~d..a+..ecipiosl mte)
NOW, THEREFORE, the MORTGAGOR fw the purpose of secv~ing p~yment of said s~m of = 1O ~ ti ~nd tha performance of tM
covenanb and agreements here~nafte? expresud, and fo? divers good and v~lwbte tonsiderations. by these presents, don grant, barQain, sell, remise,
retease,-tomrey-m~d-confirm vato the-AhORTGAGfE, its succes~aa-and-assign~ -~U-th~i_certaic?_IoL_Pieta Ct_patcel. of land~ tituate, lying, and beinp in ths`-
~~nn, ~ St. Lueie Sute of flwida, dewibed follaws:
Lot 11, Block 7, LAKEWOOD PARK UNIT NO. l, as per plat thereof on file
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in Plat Book 20, pages 52, SlA, 51B and S1C, Public Records of St. Lucie
County, Florida ~ ~ ~ ~ ~
p ~ STATE F~QRIQA ~
~Z _ DOCUMENTARY .--,,.~STAMP• TAX j
UEP7, pF R~YEM!!~ ~
~O P.~.~ SEf-i'lf ~ ~ S. Q~ ~
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~ ~ ~t~~Ari81t o~F tNc~
DUE Otf C1JIS~ ~C 1~~+IBIE rEl~ ~~~~Y• -
y~~lIWT TQ q111PiER 71-~34. AC7S OF 1912~ ~ i~
~ lORRJI:
; ap~ mpqqT C01lICf, ST. WGE 00. F111
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4 together with all snd singular the tenements, hereditsmentt +nd appurtances fhtreunfo belonging or 1n anywiie appeAaining ihersto, and ~II ren», iuues,
3 proceed~ and prof;ts accruinq snd to acaue from ssid premises, all of which are included in the ~bove and foreqang description a~d habendum.
' TO HAVE AND TO HOID the above desuibed and grsnted pemises unto the said MORTGAGEE, iri auccesson ~e~d auigns forever. Md the said
~ MORTGAGOR fa th@lr he;n, exeMOrs, sdministwtws and assigns, F?creby covenann with the said MORTGAGEE, iri waessors and suipro,
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's_ rhat they a re ~awfully seized of the said prem~ses in fee iunple; thal the same an free, ckar ~~d dischsrged from •fl fiens and K+cvm- ,
y brances in law or in equity, and that thPV will ~nd tbQi Y hein shall warrant u~d defend the title to the same to 1hs ~aid '
- MORTGAGfE, its succeswn ~nd auigns, faeve? against the Iswful claims end demar?ds of all persons;
PROVlDFD, ALWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE the promisswy rate hereinbefore dewibed and shsl{ truFy, pomptly '
and f~lly perform, disd~arge, e:ecute, compkte, comply with and ~bide by each and every the stipulations, sgreemeMS, conditior?s and tovenanb of said t
promissory note ~nd of ~his Mwtgage, then this AAortgage and the Esrate her~by aeated shall ce~ae and be null and void. _ ~
_ IT IS UNDfRSTOOD that the word "Mortgagor' whethe~ in the singular or plursl snywhere in this Mortgape, shsll bs siny~l~r if one only u~d
" shall be ptural jointly and severally if mors fhao one, and that the wwd "their" ~s vsed ~~ywf~ere in this Mwtysge shall be f~ken to mesn "his:• •'hen; •
~ or "iti;' wherever the conteat w impiies a admits. Also, that wherever there is i ref~rence in the coven+nn u~d agreements herein conNined to sny o~ ~
_ rhe pa?ties hereto, the same shall be construed to mean as well aa the hein, leyal representatives, s~ccessors and auiy~u (either volunury by act of tF~
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parties or involuntary by operatan of the kw) of the same +nd that the covensnts herein contained :half bind and tbe benefiq snd adr~Ma~es iow~
to the rapective he'us, kga! represenfatives, successors a~d au~9ns of the parties hereto.
" And ssid Mwtgsgor:, fw themselves a~d their heirs, legal representativq, s~ttesson ~nd suigna, hereby janNy a~d aeverally covensnt +nd ayree
= ro and with the ssid MORTGAGEf, its successors and sss'gnse q i
- 1. To pay ~II and sinpulu the priocipal s~d interest and the various snd sundry sumt of nwney payabk by vertve of said promissory note, ~nd thia
mort9age• each and every, promptly on tF~ days respectively the same severally become due. ~
k 2. To pay ~II snd HII9YIN th~ ts:a, assessmenb, tevies, Iiabilities, oblig+tiom ~nd encumbrances of every natu~e ~nd kind now on said describsd r"~
~ property, o~ that hereafter may be imposed, s~ffered, placed, levied, or assessed thereon, or that heresfter rruy b~ levied or aueued upon ib4 Mort~
: age, or 1M indebtedneu :ecured hereby. each and erery, wFron due snd pay~ble, accordirg ro law, before they become delinquent, and befw~ ~m intaes~ ~
attathes w any penalty is iixurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGEO OF ~q '
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RECORD ANO THE ORIGINAL OFfICIAt DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED a~w
' OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that any thereof is no1
' paid, sat'sfied snd discharged said MORTGAGEE msy st sny time pay the ssme w any pa?t Ihereqf without w~iviny w affectiny any option, lien, equity a
~~qht under o? by virhx oF ~his mortgage and the full amount of each and every such payment shall be immediately due a~d psyabk and shall besr i~?teresf ~
i~om the date thereof until paid at rate of nine per ter.tum per ~nnum and toyether wifh ~uch interest shall be secured by the lie~ of th:s morytsye.
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