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THIS INDENTURE, Mads t1x__ ~r~ day oi nCtAhPr A.G. 19_73 be~ween
~ary t~ubbard, a widow -
of St • 1.i1C le C~~~y Florida, hereinafter des~ynated as the "MORTGAGOR," and fIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaat~a? organized and ex~iting under the laws of the United Sutas o) America ~ru~ having itt prin<ipal place of
busineas in ths City of For~ Pierce, St. lucis County, Florida, hereinafter designated as th~ "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of S- 26-~ and lawlul money of thc Un;ted
Srates advanced by the MORTGAGEE uNO the MORfGAGOR, as evidenced by a certa~n promissory note of even date herewith, of which the foitow~ng in
words and figures is a true copy, to-wit:
26, 04C) .00 _ . ~ 10020471
S ~ ~ ~ . • w
J Fort Pierce, Florida, nctober 19 73
Fw value ~eceived, I, we w either of us, prorryse to pay,-witlwutde~atca~ion, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSO~IATION OF
FORT PIERCE at forf Pierce, florida, the sum oi f 26 ~ - w+?h ~niereit from date at the rate of 9~?
So per annum, in monihly install-
~nenT1 aS f01lOwf: j__239~0 on the 2Othday of ~'ovenber ~9 73 and a like sum on the coriespo~d~ng day of each month therc-
after until the whote be fully paid. "
Each instatlment first ahal~ be applied in payment of the interest a~d then o~ the unpaid batance of the p~inc~pal sum. If defauft is made in the
Fa;ment of any installmenl when due, and such defauft continues 30 days, then at the option o( the holder, and withaut any otfie~ not~ce, al1 the rema~n~ng
,~~stallments sha~l be due and payable at once. Priviiege is given to prepay this oote in whole or in part at any fime withoul penalty. Neither forebearance,
nor acceptance by ~he hotder thereof af~er any deiault in any payments hereon, shall be deemed extension. A late payment charge oi ;_11 •9 5 shall be
.~dded to each insraliment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such instaltment remai~~ing unpaid 7 days after
cach svtceeding payment date.
Each maker, surety and endorser hereof, jointly and severally, wa~ves den,and, presentment protest and notice oi p~ores? fu nonpayment, and 4unher
agrees to any extension of time of payme~t, either b>fore W after matur~ty, without norice to any of us; and to pay all costs of co!~ection, inciud:ng a _
re.,sonable atror~y's fee in the cvant oF any defau~t hereunder, and here5y severa:ly waives all benafit of homestead and exemption under the const~tution
~r.d laws of each Srate of the United States, as against this obligatioo w any eztension or renewal hereof.
Witness the hand and seal of each party.
tSEAI)
~I~7 C. ~~ubbard, (SEAI)
d W1CjOW (SEAI)
S 39 00 cs~?u
• ) State Revenue
iStaoipi caoraued va a~i9in+t.r,ot~) 26 0~0.00 -
NO'~, THEREfORE, the MORTGAGOR fw the purpose of securing payment of said s~m of j ~ and the perfo:ma~ce of 1he
covenants and agreements hereinaiter expressed, and fo? divers good and valuabte considerat~ons, by these presents, daes giant, bargain, sell, rem~se,
re:zase, convey and confirm unto the MORTGAGEE, its successors and assigns, ail that certain lot, piece or parcel of land, situate, lying, and being in the
Couny of St . Luc ie and State of Fbrida, dexribed as follows:
Apart~nent ~a. p_ 5 of La Entrada Del 'ar, a condominium
according to the Declaration of Condominium dated D¢~ember
30, 197a, recorded in Officia~l Records Book .220 Pa~e 1747 ~
of the Public Records of St. Lucie County, Florida, together
with all of its appurtenances according to the Declaration .
including an undivided interest in the common elements of
~ said Condominium as set forth in the Declaration~ and as
; re-recorded to reflect additional exhibits in O. R. Book
~ 220, page 2192 St. Lucie County, Florida, public records.
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€ Subject to the ter~as, covenants,, agreements, obligations
~ and provisions of said Declaration of Condominium a~rhich
k mor-tgagor in all things does covenant to mortgagee faith-
~ fully to observe and perform.~ _
~ . -
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~ ~ STATE FLO~?~DA ~ 5~-- ~ 111PAYMEMC~T~
~ DOCUMENTARY,~:.:;. STb AA P~ F. ~ p~fMQ1 ~~'ER~~ P~ary~
~ ° flc'P!.'Ji REYfYUE ` p~pNCU1$S'C'{NTANG ~r+~ ~ 19~1.
Zr . ~RJY/r~• 7I-1~ M~~$ yy]~
~ ~ ° _ _ ~ ~ TO C1ia"~
~ ~ _ ~ eGY I Y73 3 9, ~ ~ ~ RG:.E~ POITIGS Q
N O ~ ~
e. ~ •
~ ~ o = liiG2 I (~IERK CIRC017 COURT. Si. LUCIE 00., Fu
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~ regether with all and singular tF~e tenemems, heredirameros and appurtances thereunto belonging or in anywise appertaining thereto, and all rents, iuues,
proceeds and prof~ts accruing and to accrue from said premises, all of which are included in the above and faegoing dexription and habendum.
j TO HAVE AND TO HOID the above desu~bed and gramed premises unto the said MORiGAGEE, its successon snd augns forever. And tM s+id
~ h50RTGAGOR for --hgr he~rs, executon, administrators and assigns, hereby covenants with She ssid MORTGAGEE, its svcceuors snd +ssipm,
* ~t:at _She_ 15_____ ~awfully se~zed of the ssid premises in fee simple; that the same are free, dear snd diuharged from al) liens snd encum-
~4 brznces ~n law or in equrty, and that She will and her heirs sh~ll warrant and defend the title to the same to the ssid
' MORTGAGEE, ita successors and assigns, forever against the fawful claims and demands of all persons;
PROVIDED, AIWAYS that if the MORTGAGOR shal! pay unto tF~e MORTGAGEE the promissory note hereinbefore described and ihall truty, promptly
- and fully perform, d~scharge, execute, complete, comply with and abide by each and eyery the stipulations, agreements, conditions and covenants of uid
= GromistOry ~ote a~d of this Mortgage, then this Mortgage a~d the Estate hereby created shal! cease and be null and void.
zia tT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mwtgage, shall be singuia~ if ene o~ly snd
sha11 be plural joiMly and severally if more than one, and that the word "their" as used anywhere in this Mwtgsge shall be tsken to mean "his;' '"hers,"
~ or "its;' wherever the context so implies or admits. Also, that wherever there is s reference in the covensnts ~nd agreemeros herein comained to sny o~
fhe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by act of th~ ~
- parr~es or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure
- +o the respective heirs, legal rep?esentatives, sutcessors and ass~gns of the parties hereto.
E=~; And said Mo•?gagors, ~or themselves and thei~ heirs, legal representatives, successors and assigns, hereby joinHy and severolly co4enant and ayree ~
+o and with the said MORTGAGEE, its successo+s and assignx p~'„L,
1. To pay •II and singufar the printipal and interest and the vanous and sundry sums of money payahle by virtue of said p:omiswry note, and 1hia~
martgage, each and every, promptly on the days respectively the same severally become d~e.
`4% 2. To pay all snd ~ingular the tsaes, assessments, levies, liabilities, oWigations and enc~mbrances of every nature and kind now on said deuribed==
x;; property, a that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafler may be levied a assesud upon this Morty-V~~
- age, w the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and before ~ny interest ap .
_ ,traches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOP IS OF RECORD THE SAME SHAIL BE PROMPTIY SATISfIED AND DISCHARGED OF O
` RECORO AND THE ORIGlhAt OfFIC1Al DOCUMENT (SUCN AS, FOR INSTA(VCE, THE TAX RECEtPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSEO
OR CERTIFtED) SHAII BE PlACEO IN THE HANDS Of SAID MORTGAGEE WIiHIN TEN DAYS NEXT AiTER VAYMENT; and i~ the event that any thereof is no~
pa~d, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof without waiving w affecting any option, lien, equity or
- •~qht under or by virt~e of th~s morrgage and the f~li amount of each and every such payment shall be immediately due and payable and shall bear interest
~.om the date tbereof vntil paid at rate of n~ne per centum per annum znd together w~th suth interest shall be secured by the lien of th:s morgtage.
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