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TNIS•INOfNTURE, N{ad~ the 2gth day of Au9uSt ~ ~ ~ ~ A.D. 19?3_, betwaen
6dward S~haffer and I?fartha Schaffer
oF St. I.ucie Cpinty flotida, herei~after deagnated as ths "MORiGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a cwpaatioe? or~a~ized and existiny under fM laws oi ths U~ited Sat~s of Mx~ita and havJng its p~incipal pl~ce of
businsss l~ tl» Clty of Fort Piacs. St. l~cie Couny, Florida, lureinaiter d~siyn~ted a~ ~M "MORTGAGEE.••
WHEREAS tM MORTGAGOR is j~idy indrbted to ~he MORTGAGEE i~ the sum of s_26 ~'S~~ . ~ good and lawful money oi the United
Ststei advanced by ths MORiGAGEE unto the MORTGAGOR, as evidenced by s certafn promis~ory ~ote of even da~e herewith, of wh~ch ~he followin~ in
word~ and i' wm is a lrue copy, to-wit:
~ 26,5~0.00 ~ N,11000157
Fon Pierce, Fiwids, au9uSt 29~ _19 73
For value received, 1, we w mfner ot us, prom~se to pa wuncwi ur~e~~o~~.,~~, s:, :2~ ,,:ue~ ;;i :`C~~°"; ~w:n.v,e .un ~neu e~X~aT1AN Of
FORT PIERCE at Fwt Pierce, fbrida, Ihe sum of t 26 ~ 5~' ~ with interest from date•at the rate of8' 7~ pe? armum. in monthly insfaN-
me~n as (ol!ows: S 228 • on the ~t~ay of Deeember 19 7.3 and a like sum oe the cwrespond~ny day of each r.~onth fhsrr
afrer unti! the wiwle be fully paid.
Each installmgnt first shali be applied in psymenl of the interest and then on the unpaid balance of the princ~pal s~n. If defwlT i: made in the
Fayment of any installment when d~e, and such default continuea 30 days, then al ihe optio~ of the hotder, snd wilhouf any other ~atico,.al! the rt~alni~p
~nstatlme~ts shall be due and payabte a1 once. Privilege is given to prepay thia note i~ whole or in psrt at ae+y time without p.nalty NgiiO. 9Obesr~Ke,
nor acteptante by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paymeM cha.qe of sfidl be
added to each installment remaining unpaid 7 dayi after it~ dve date, and a like sum shall be added to each such installment rem:,ining unpaid 7 days sher
each succerding payment date.
fath make~, surety and endaser hereof, jointly and severally, waives dema~d, presentment protest and notice of protest fw ~onpayment, and further
ag~ees to any extension of time of payment, either before a after maturity, withour ~otice to any of us; and to pay all costs of colleaion, includ~ng s
reasonable attwney's fee in the event of any default hereundei, and hsreby severally waives all benef;t of homestead and exemption under the constitut'an
and laws of each Sta~e of the United States, as against this obligation w any eztension a renewal hereof.
Witness the ha~ and aeal of each party.
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NOW, THEREFORE, the MORTGAGOR for t(x r se of sec~ri s ment of said sum of j 26 ~ 500 ~0
P~ Po ^9 P Y • ~ and the performance of ths
covenanri ~nd agreements F?ereinafrer expreascd, and fw d~vers good and vslusble considerations, by these prese~ts, does grant, bargain, sell, remise,
release, convey an~~nfirrL~da:t~ MORTGAGEE, its s~ccessors and assigns, atl that cenain lot, piete or parcel of land, situate, lying, and being in the
~:1
County of and 5tate of Ftwida, dewibcd as fot{ows:
Lot ~3, Block l, CLYDESDALS HEIGHTS SUBDIVISION, as per Plat thereof on
file in Plat Book 9, Page 59, of the Public Records of St. Lucie County,
Florida.
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RECEIYED =
S'3~-- ~N PAYMEt~i OF TAXES
a'i-: Otl CU~SS 'C tNTM16181E PERSOIiAI PROPE~tI~f~
pURSIWtT TO t~iAPiER 71-134. ACiS OF 1971.
~pG~ P01TR!?~
~ ~qt ppl~, iL LpC1E ~ ~
~ STATE o~ FLORtC3A ~
n' DOCUMENTARY,~,,~.~STAMP IA3~ j
z
DEPT_ OF P.EYENUE i" ~
~ = = ~P-~~~ : ~ ~ 3 9. 7 5 ~
_ o = ~no2 i -
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,
E together with all and singular the tenements, hereditaments aod ~ppurtances the~eunto 6e~onging or in anywiu ~ppertainirg thereto, and •II rents, iuves,
E proceeds and prof~ts accruing and to acvue from ssid premises, all of which are included in the above ~nd foreyoirg dewiptan and habendum.
F TO HAVE ANp 70 Hlp~D the ~bove desaibed and granted premises unto the seid MORTGAGEE, it~ successon and auigns fweva. Md tht ssid
' «oRTGa for - L r~' r heKS, ~x~cuw.a, admin~srrarors and ass;pm, hueby covensnn wirh the seid MORTGAGEE, ia successors and aaiyro,
' ta~ie are _ .
rhat y lawfvlly seized of the said premiies in fee simple; thst the s+me are free, clear a~d discharged from all liens and encurt?~
brances irt !sw or in equity, and that theyr,,;,, their hein shall w~rrant and defend the title to the same to the said
MORTGAGfE, its iuccessors and auigns, faever against the lawful claims snd demands of all perwns;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGA6EE the promissory note frorei~before described and shdl trvly, promptly
and fuity perfwm, diuharge, execWe, compkte, comply with and abide by each s~d every the stipulations, agreements, condiYia+s and covenantt of said
prOmiSSOty note and of this Mwtgage, the~ this Mortgage and the E~tate hereby ueated ihall u~se and be nult a~d void.
IT IS UNDERSTOOD that the word "Mortgsgor" whether in the s~ngular a plur~l snywF~ere in this Mortgsge, sF~slt be sinyufar if one o~ly and
~ shalt be ptural 'pintly and sevenlly if mwe than one, and thst the word "their" ~s used snywhere in tF~is Matgspe shall be taken to mea~ "his;' "hen;'
or "its;' whereve~ the context so implies o~ sdmits. Also, that wherever the~e is ~ refere~e in the covenants snd agreements herein contained to any of .
*he pa?tiss herelo, Ihe sa~ne sF~all bs cautrwd to mean as wdt as the heirs, leyal representarives, svccessors and assiyni (eithe~ voluntary by scf o! fhe
parties or involuntsry by operatio~ of the Iaw) of the same end that the covensnts herein contained shall bind ~nd the benefiti ~nd adw~tayes irwre
to the respective heirs, kgsl representatires, successors snd au~gns of the parties hereto.
/1nd said Mwt9agws, for themselves and their heirs, legsl rep?esentatives, succeuws and sssigns, hereby jointly end severally covenant and ayree
to arid with the said MORiGAGEE, its succesaort and assigns:
1. To pay all ~nd singulsr tne principal a~d intereit and the various and sundry sums of money payable by virtue of said prom~i~ory note, ~nd thia
mor~gage, each and every, p~omptly on the days respectively the same sever~lly become due.
2. To pay all ~nd singulsr the t~aa, auessmentt, levies, liabilities, obtigati«u and encvmbr~nces of every naAne er?d kind raw on sa+d destribed
prope~ty, a lhat }~ere~ftd may be imposed, suffered, placed, levied. or sssessed thereon, p that here~fier may bs levied or assessed vpo~ thq Mort¢
~ age, a the indeb~edneu secured hereby, esch and every, wF~en due ~nd payable, accadinp to law. beiwe they becane delinquent, and befon ~ny interest
s attaches or any penaffy is incu~red; AND fN50fAR AS ANY iHfRfOF !5 OF RKORD THE SAME SHALL 6E PROMPTLY SATISFIEO AND DISCHARGEO OF
RE~ORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIP~ OR THE SATISFACTION PAPER OFFIGIALIY ENDORSEO
OR CERTIfIED) SHAII BE PtACED IN THE MANDS OF SA1D MORTGAGEE WITHtN TEN OAYS NEXT AFTER PAYMENT; and i~ the event that any thereof ii no1
paid, sat'~fied and discharged sa:d MORTGAGEE msy at any t~me pay the same or sny part thereof without wsiving or sifecting any optan, lien, eqvity u
•~aht under or by virtue of this mortgage and the full smount of each and every such psyment shall be irtvnediately due and psyabk ~nd sF~sl{ bear intaest
~~om the date fhereo/ until pa~d at rate of n~ne per cenrvm~per annum and togethe~ w~rh suc r be secur y the tien of th:s moryt~e.
800!l~~~ PAf~~~~IJQ
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