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iHIS INDENTURE. Mads the 42h day of ~tarc:) ~ _ A.D. 19 74 be~+~ee~
Joseph A. 'dc~ilvray and Eliaabeth 'ic~'?ilvrav, his wifp ~
of St . LuClp County Flwida, hereinafter deig~:ated as the "MpQTGAGOR," arw-i .'IkST FEDERA~ $AVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, ~ corporation organized and exlsting u~de~ the faws of ths Um?ed Statos of Amuica and having it~ piincipal place of
busineu tn ths City oF Fort Pie~ce, St. lucis Covnty, flwida, hereinafter designated as the "MORiGAGEE:'
WHfREAS the MORiGAGOR ~s jusNy indebted to the MORTGAGEE in the sum of s 33 , 200 ~ ~n ~ g~ and lawFul money of ihe Un.ted
Srates advanced by the /hORTGAGEE unto the MORTGAGOR, as evidrnc_d by a ceria~n prom~ssory note of evon dote herew~th, of wh~ch the foifow;ny in
~ords and f~gures is a true copy, to-wit:
s 33~ 200.00 Na 10020668
fon Pi~rce. Flwida, `tarch 4, ~y 74
fw vaiue rece~ved, I, we or either of us, prom~se to pay, without defalca~ion, lo the order of F~RST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
iORT PIERCE at Fort Pierte, fbrida, the sum of s____ 33_L?~!~ , w~th inrereat from date af the rate of 8!?Yo per annum, in moNhly install-
~~~en~s as fol!ows: 5-273•~~ _ on the ZOth day of =~r11 Iq_ 74 and a like sum o~ the correapond~ng day of each month ~l~ere-
aiter uniil the whote be fuNy pa~d.
Each insta!lment ~irs> shall be applicd ;n paymero of the interest and ~hen o~ the unpa~d balance uf the princ pal sum. If default is made in the
E:,,;rnent of any instaNment when due, and such default tont~nues 30 days, then at the option of the holder, and without any other notice, aU tne remain~ng
~~s~allmenls shall be due a»d payable at once. Priviiege is given to prepay fhis rwfe in whole w in part at any time without penalty. Neither forebearante,
nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A ~ate payment charge of s_ 13. 65 yhatl be
.~dded to each instaklmenl remaining unpa~d 7 days aftet its due date, and a I~ke wm shall be added to each suth instaltment remaining unpaid 7 days after
each succeeding paymero date.
Each maker, surety and endor=er hereof, joint}y and severally, wa~ves dernand, presentment protest and notice of p~otest for nonpayment, and futther
agrees to any extens~on of time of payment, either before w after miturity, without notice to any of us; and to pay all costs of collection, includ~ng a
rr~sonable attorney's fee in the eve~t of any defau;~ hereunder, and hereby severatfy waives all beneEit of homestead and exemption under the constitution
~~~d laws of eath State of the Un;ted 5?ates, as against this ob~~gation w any eate~sio~ ar renewal her~of.
Witness the hand and seal of each party.
(SEAt)
s Joseph A. Tic~ilvray (SfAt)
lSEAL)
549.80 s Elizabeth ~I~Gilvray ~S~i~
) Stafe Revenue
-t5rampr canceHed ar originsl-nofe}'
NOW, THEQEFORE, the MOR7GAGOR for the purpose of seturing payment of said sum of s 33 + 20~ . 0~ ~ and the pe?formance of the
covenants and agreements he~e+nafter expresaed, and for d~vers good and vatuable consideratior+s, by these presents, does grant, bargain, set~, remise,
~~:ease, convey and coniirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, end being in tha
County of St . I,LiC 1Q ar~d STate of fbrida, dew~bed as follows:
Lot 10, Block 1, GFA~'DVIFk' GAFDE!~'S, as per plat th~reof on file in
Piat Book 16, paae 26 of the public recorc~s of St. Lucie f'ounty,
Flori c~
- STA-r~ Ft~ja;'-' I
0~3~UMEN? ~ ''J _
= A R Y S T ta ,i14 ~ ' ) '
yr ~ pci'. ;!f ~iYEYUf ` f`-T~,~, ' - -
' - , - ' 0
i N _ r, 7,; RFGilYFD IN PAYMENT Of Ti~XES
: :H:;~:- 4 9. 8 0 i OIE~ GAS$ `C tNTl1M61aLE ?E6'SQW1l PRO!~Rly.
~ ~ . ~
~ pUR.~f TQ CiIA/'TER 71•134. AiCTS Of lyll.
` ROGER POiTRAS /~1,~
Ctt1tK GRWIT OOURT. ST. lUC1E 00. FtA v
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i togeti~er with alf and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appe?taining ihereto, and all rents, issues,
" proceeds and prof~ts accruiny and to accrue from said prem~ses, all of wh~ch are included in the above and fwegoing deuription and habendum.
TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And ths ssid
MORTGAGOR for their______ executws, administrators and asaigns, hereby covenanes with ihe said MORTGAGEE, ils suctessws and auigro,
thp a re
rhat Y----- lawfully se~zed of the said premises in fee siri~ple; that the same are 1ree, clear and discharged from all liens snd encum~
brances in lew or in equity, and thar they N,;~~ and their heirs shall w~rrant and defend the title to the same to the said
~hORTGAGEE, its suctessors and assigns, fwever against the lawful claims and demands of all persons;
i PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefore described and shstl fruiy, promptty
and fully pertorm, d~scharge, exe:ute, comptete, comply with a.~d abide by each and eve?y tFu stipulations, agreements, conditant and tovenanta of si~d
prom~sswy note and of this Mortgsge, t}ien this Mortgage and the Estate hereby created shall cesu and be null and void.
IT IS UNDERSTOOD thst the word "Mortgaga" whether in the singular or pl~ral anywhere in thls Nbrtgage, thall be singular if o~e only snd
shall be plural jointiy and severalty if mwe than one, and that the word "their" as used anywhere in th"rf Matgage shaU be takcn to mean "his;' "hers,"
or "its," wherever the context so implies w admits. Also, that wherever the~e is a reference in the covenann and agreements herein co~tained to any of
rhe parties hereto, the same shall be construed to mean as well ss the heirs, legal representatives, successo?s ar.d assigns (either voluntsry by aq of the
parties or invotuntary by operation of ihe law) of the same and that the covenants herein contained shall bind ~nd the benefits and advantages i~ure
~ to the respective heirs, legsl representatives, successors and as~~gns of the parties hereto.
And said Mortgagors, for themseives and their heirs, legal representatives, successors and assigns, hereby jointty and severa(ly covensnt and agree
to and with the said MORiGAGEE, its successors and assigns:
+ 1. io psy all snd singular t!x principa! a~d interest and the various and sundry wms of money payable by virtue of said promissory note, and this
mortgage, each and every, promptly o~ the days respectively the same severally become due.
2. To pay all and singular the taxes, assessments, levies, liabil~tfes, obligatiorts and encumkusnces of every nature and Rind now on said described
property, w that hereafter may be impoted, suffered, placed, levied, or assessed tFiereon, q that hereafter may be levied or assessed upon this Mortq-
age, w the indeb~edness secured hereby, exh and every, when due and payable, according to law, before they become delinquent, snd before any interest
arraches or any penatty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII 8E ~ROhIPTLY SAIISFIED A~1D DISCHARGED OF
REGORD A?JD 7HE ORIGltvAl OfFItIAI DOCUMElJT {SUCH AS. fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAtIY ENDORSED
OR CERTIFIED) SMAII BE PIACED IN THE HANDS Of $AID MORTGAGEE WITHIN 1EN DAYS NEXT AF1ER PAYMENT; and in fhe event tFat any thereof is not
pa~d, sat'sfied and d~scharged sa d J+tORTGAGEE mey at any l~me pay the same or any part thtreof without waiving w affecting any optio~, lien, equity o+
•~qht under w by virtue of this mortgage and the full amovnr of each and every such payment shall be immediately due and payable and shall besr interest
~•om the dete thereol until pa~d at rate of nine per centvm per annum and together w~th such interest shall secur~f b?ht lien of th:s mo~grage.
F'~: ~ 22~ FAGE ~V eJIJ
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