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;~68348
THIS tNDENiURE. Mads fhe 8Lh day of ~ctober A.D. 19 73 be~~reen
Kare Lazssen, a s ngle adult ~ •
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of t• ~'uC e County florida, hereinafter deignated as ~he "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIqT10N Of FORT PIERCE, a corporation wg~nised and ex~sting unde~ Ihe laws of ths United S~at~s of America and havinp it~ principal plsce of
businsu in t1~s City of Fort Pierce, St. lucis County, Flwida, hereinafter designared as ~ha "MORTGAGEE:'
WHEREAS the MORTGAGOR is juitly i~debted to the MORTGAGEE in the sum of S Z? , good and lawful money of the Un~ted
Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cerra~n p~om~:awy note of even dale he~ewirh, of wh;ch rhe toi{ow~~g in
words and iigures is a true copy, to-wit:
s27,000.00 ~ 10020480
fort Pierte, florida, ~ctober 8 197~
Fw value received, 1, we or ei~her of us, promise to pay, without deFalcat~on, to the order of FIRSl fEDERA~ SAVINGS AND LOAN ASSOCIATIO~I OF
FORT PIERCE af For1 Pitrce, Florida, the sum of s27~~~~L~ w~th ~ntereli irom date at ihe ras~ 9~ 2~ Y=; ..,.~„thfy ~natall-
L +nents as fol!ows: 5232' on the 2pth d~y oF _ Febzuary__, ~q_74 snd a like sum on the co~~e~~end~ng day oF each month there-
~ aher unti! the whole be fully paid.
~ Each installment first shall be applied in payment of the interest and lhen on the unpa~d balance of the princ pal sum. If default is made in the
~ a ment of an ~nstallment when due, and such default co~tinues 30 da s then at the
P Y Y~ y, op~ion of fhe hotder, and withour a:t~ other notice, al! the remain~ng
~ ;nsrallments shall be due and payab+e at ortce. Privilege is given to prepay this note in whole or in part at any time without penalty, Nteither forebearante,
no~ acceptante by the ho~de? thereof after any default in any payments hereon, shall be deemed extension. A late paymeit cF.arge ot 3` 1~ 6O , shall be
added to eath installment remaining unpa~d 7 days after ita due date, and a like s~m shall be added to each such instatlment remaining unpaid 7 days afte~
~ each succeeding payment date.
~ Each maker, surety and endwser hereof, joinlly and severally, waives dema~d, presentment p~otesf and r.otice of protesl for no~payment, and further
agrees to any e:tension of ti~ne of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of cotlecticn, inctud~ng e
reasonable attorney's fe~ m the event of any deraurt hereundrr, and he~eby ieve:ally waives nll benefit of homestead and exemptioo under the constitutan
~ and laws of each State of the United Sta~es, as against this ob6gation w any exrension or renewal f: ~
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n' We!::~~s Mnd ana wal of each party. !
1~
' ~ • (sEai)
' s/Kare Larssen , a sinqle adult ~A~~
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y (SEAL)
• S_ ~40. SO 1 State Revenue
t~~artrps tse+epqed~onbrtg~neh++o~r}
NO`N, TH"cREFORE, the MORTGAGOR fw the purpose of ucvring payment of said sum of ; 27 s snd tF~e performance of the
covenants and sgreements he~einafter expressed, and fw diveri good and valuable cons~derotions, by these prese~ts, does grent, bargain, selt, remise,
release, convey and confirm unto the MORiGAGEE, its successors and assigns, atI that certain lol, piete ot parcel of land, situate, lying, and being in the
County of $t. Lucie and State of Florida, dexribed as foltows:
Lot 2, 81ock 3230, PORT ST. LUCIS FLORESTA PINBS UNIT 2, accordiny to the Plat
thereof recorded in Plat Book 16 at Page 3'7, Public Records of St. Lucie County,
Florida,
~ STAT~ ~F FLOR~D~ ~
oZ ~ UOCUMENTARY,~-_;~STAMP tt: ~
x~ dEPT.LF REYE:tiUE ~ ~ IN PAYIAFM Of ZAXES
~ ~ ~ ~ a o 5 0 ~ ~ ~ ~ ~
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~ ~ y_ f~ ~ht1l i f't3 r:. .
o ~ t~~~2 ~ PURSIlANi l0 CW1P'iER 71•I34, fYCiS OF 191L~C
R06ER PORRAS
' ~ pFry( CIRCtIIT COURT. Si. UlCIE ~D. H/l
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E together w~th all and singular the tenements, hereditaments and appurtances thtreunto beionging or in snywise appertsining thereto, and alt rents, issues,
j p~oceeds and profits accruing a~d to accrue from said premius, all of which are included i~ the above and fwegang dexripfian and habe~dum.
~ TO HAVE AND TO HOL~ the above described and granted prem~ses v~to the sa+d MORTGAGEE, its successon u~d sssigns forever. And 1F+~ s~id
their
`t MORTG/~r'~OR for heirs, executon, administrators and assigns, hereby covenants with the aaid MORTGAGEE, its successors a~d afsigm,
~ rhat they are___ ~aWf~ny seezed of the said premises in fee simple; that the same are free, clear and dixhsrged from all liens and encvret
brancet in law or in equity, and that they will and their heirs shall warrant and defend the title to the ssme to the ssid
MORTGAGEE, its successors and assigns, fweve~ againft the iawful claims and demands of a{I persons;
PR~VIpE~, AlWAYS that if the MORTGAGOR shall pay unto the MOStTGAGFE the promissory note hereinbeFore dewibed and ~hati truiy, prampriy
` and fuNy perform, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and tove~ants of iaid
~ promissory note and of this Mortgage, then this Mortgage and the Estate hereby veated shall cease and be null ~nd void.
IT 1S UNDERSTOOD tMt the word "Mwtgaga" whether in the singutar w plural anywFrore in tF?is Ntortgage, shall be singular if one onty ~nd
i shatl be ptural jointly and teverally if mwe tlun one, and tFwt the wad °their" as used anywhere in this Mortgage shall be hken to mesn "his;' "hen,"
; or "its," wherever the context io implies w admits. Also, that wherever there is a reference in the covenants and sgreemenri herein conrained to ~ny oi ~
~ the parties hereto, the s~me shall be constrved to me~n as well as 1he heirs, legal represenratives, i~tcesso?s and assigns (either voluntary by act of the ~
parties or involuntsry by operation of the law) of the same and that the covenants herein contained shall bind a~d the benefiti and advan~ages inure
to the respective heirs, legal representatives, successors a~d ass~9ns of the parties hereto. ~~11
And said Mo?tgsgors, for themselves and their heirs, legal representatives, succeuors and assigns, hereby jointly and uverally covenant and agree
to arrd with the ssid MORTGAGEf, its successors and assigns:
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~ 1. To pay aIl snd singular thc princip~l and i~terest and the various and sundry sums of money payable by virtue of said promisswy note, snd this
mwigage, each and eve~y, promptly ort the dayi respectively the same severally becortie due. Q
2. To psy all and s~ngular ~he tazes, asussments, levies, liabilities, obiigations ar+d encumbrances of every nature and kind now on said described ~
property, q that hereafter may be imposed, s~ffered, placed, levied, or suessed thereon, or that heresfter msy be levied w ssseued upa? this Morty-
age, w the indebtedness secured hereby, each and every, when due ~nd payable, accor~ng to law, before they become delinquent, a~d before any intereit ~
atraches w any penatty is incurred; AND tIVSOFAR AS ANY TNEREOF IS Of RKORD THf SMAE SHAII BE PROMPTIY SATISf1ED AND UISCNARGEp OF
~ RECORD AND TME ORIGIhAI OfFIC1At OOCUAIENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTtON PAPER OFFICIAILY ENDORSED 7c~p
' OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WfTHIN TEN DAYS NfX1 AFTER PAYMFNI; and in the event that a~y thereof is na
pa;d, sat'sfied and discherged sa:d MORTGAGEE may at any time psy the same or any part thereof without waiving or affecting any optio~, lien, equity or
•~qht under w by virtue of this mortgage and the (i lI amount of each and every such payment shall be immediately due and payeble and shall bear ~nteresr
~~om the date thereof until pa~d at rate of ntne per ~entum per annum and A~gether w~th such interest shall be secur~d by the lien qf th's mo~gtaye.
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