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THIS INOENTURE, Mad~ ~i+. 22~d day of ldarch n.~. i9 74- b.rw~+
Jaaes A. Hensel and Catherine B. Hensel his wife
of St. 1'uCi@ ~p~ety flpr;da, haeinaft~r de~ign~ted +s the "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN ~
ASSOt1AT10N Of fORT PIERCE. ~ cupaalion or9~nised and exii~ing vnda ~M laws of ths United Stat~s of Amcric+ ~~+d havinp iri pri~cipal place of i
busintss In tM City of fwt PiKC~. St. luci~ County, Fbrida. he~einafta ds:pnated as tM "AAQRisil~C~.•~ `
1 O~ 2 W and lawful mo~sY of the Un~ted
WHEREAS tM MORTGAGOR is jwHy indtbted ro th~ MORTGAGEE in Ihs ium of = 90~
Srstq advanced by ths MORTGAGEE unto tht MORTGAGOR, as avide~ced by a ce~tain ptom'~ssory ra?~ o( even date her~with, of wFuch tha idlowinp in
wads and fipu~es is a trw copy. towit: t jOQ2Q'J28
f10,200.00 ~ March ~
fon Pf..c., ftorid~,
for valw received, 1, we o~ either of us, promise to pay, withoW defa~cation, to the orde~ of FIRST fE~ERAI SAYINGS AND IOAN ASSOCIATtON OF
fORT PIERCE at fort Pierc~, Fbrida, the sum ot : 1O ~ 2~ with interest (rom d~te ~t the rate of 8• 75Xa pe? +nnvn'~. in monlhty insfatb
~„e~ts as foltowi: i 91 on the 2~th d+Y of ~y , 19 74 and a liks sum or? tM correspondirg day of each month therr
after vntil the whote bc fully paid-
Each instal~meN firit shall be applied in payme~t of the iroe~est aod then o~ the w+paid balance of the prinupal sum. If default is made in ihe
payment of any installm~nt when due, and such defauN continues 30 day~, then at the option of the hoider, and without sny othet notite, ail the remeining
~nseallments shaN be due and payabte +t onte. Privilege is given to p~cpaY this r?ote in whole or in put af ~~y time without penalty. Neither fwebear~ncs,
nw ~cceptaoce by the F?olde~ lhercof sfter any default in anY paYme~+ts hereo~. shall be deemed extension. A late payn+ent charge of ~'4• 55 shell bs
added to each iostallmeM remaining unpaid 7 days ~fter its dw date, and s like sum shall be added to each svth installment remaining unpaid 7 days after
each sutceeding payment dare.
Each maker, surety and endorser hereof, jointty and severally, ws~ves demand, presentment protest and notice of protest fa rwnpayment, and further t
agrees to any extension of time of payment, eithe~ be(ore or after maturity, without not~ce to any of us; and to pay all costs of collectio~, includiny a
reasonable attorney i fee in the evem of any defauit hereunde~, and hereby severally waivcs all benefit of homestead and e:emption under the co~stitulion
and laws of each S~ate of the United States, as against this ob~~gation or any cxtension w rer+ewal hereof.
wirnes.s the hsnd and seal of esch partY.
l~~?U
s Jaaes . Hensel ~AU
cs~u)
s ther ne 8. Hensel ~
S $1 S. 30 ~ state Revenue
~""P"'"«w~~"b.'~.r."°~°~ 10 200 00
NOW, THEREFORE, the MORTGAGOR for the putpose of secu~ing paYment of ssid sum of : ~ • ~~d the performance of ths
covenants and agreements hereinafter expressed, and fw divers good and valusble considerations, by these presents, does grant, bargain, ufl. ~~mise,
release, convey and firm unto the MORTGAGEE, in succeuws and auig~a, all that certain lot, piece or parcel of (and, situate, lying, and being in ths
County of ~t . LuCle and Stat~ of Flwida, dewibed ~s folloMrs:
Lot 11, Block 3223, PORT S?. LUCIB FLARESTA PINBS ZAdIY 2, according to the Plat ,
theYeof recoYded in Plat Book 16 at Page 37, Public Records of St. Lucie County, !
Florida,
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t- ~~k RfC[IYED S~~''9 ~!N PAYMENT OF TAXES
~i ~~EP pUE pi! Ct/1SS 'C tNTANGIBLE PE~tSU~L PROPERIY,
~ ~ d ~ P ti~2 - ?URSUANT TO CHAPIER 71-131, ACTS Of 19I1.
~
c~ R06ER POITRAS jj)~~
~ ~ ° CIERK CIRqIIT OOURT, ST. UJCI~ 00, FLA
~
!ogether with sl) and sirgular the tenemenb, hereditamenn and appurtances thereuMO belongirg or in anywise spperfsining thereto, u?d sll rents, issuts.
proceeds and profits acvuirg snd to scuue from ssid premises, all of which sre included in the abov~ n+d foregoirg dewipYan and hsbendum-
TO HAVE AND TO HO~D the +bove desv~bed and 9ra^ted Pra*"ses unto the said MORTGAGEE, its succeswn ~nd auiy^s forever. Md tM s+id ~
MORTGA~
R fo~ thQl= heirs. execut«s, administraton and assgns, he~eby coven+nri with the said MORTGAGEE, in successors u+d +ssi~ns•
~har -""Qy are lawfully xized of the said premises in fee simpfe; that ttK s+rne us free, cleu ~nd dischsrged from all liens and encwn-
brances in Iaw o? in equity. and th+t they wi11 ~nd tt1e1Z hein shalt wsrranf u~d defend the titk ro the sams to fhe s+id
MORTGAGEE, ib successws snd auigns. (oreve~ a4+i^st the I~wful dabm ~nd demands of all penaar `
PROVIDED, AIWAYS that if the MORTGAGOR shstl pay ~nto the MORT6AGEE the promiaso?Y note hereinbefors dewibed and shall truly, promptly
and f~lly perform, discharge. execute, compkte, comply with ~nd ab'~de by each snd every the stipul~tans, agreements, coodifiont and covcn+nri of said
promiuwy nou snd of this Mwtgage, then this Mortg+ge snd fhe Estate hereby ueated shall ce~se and be null snd void.
~ IT IS UN~ERSTOOD that the word "Mort9sgor" whether in the siogular or plursl ~nywhere in this Mortgsye, shall be sinyulu if one only and
~ shall be plwsl joi~tly snd ~ereralty if more than one, and that the word "the~r" as used snYwhere in this Mort9age shsll be taken fo mean "his:• ••hers:•
~ or "its," whererer the conte:t so implies w aam~~s• A~so. ~hs~ Wherever thare is s reference in the covenann and sgreemenn herein cont~ined to any of
~ ?he parties hereto, the sune ihall be co~strued ro mean ai well ss the hein, kgaf representatives, suuessots and sssigro (eifher voluMary by act of th~
~ parties ot involuntary by oper~tion of the Isw) of the same u+d that the covenants heroin contained shall bi~d snd ths benefiri and advantapp invre
ro the respective heus, kg+l rep?eseMatives, wccessors +nd su~gns of the parties hereto.
qnd said Mwtg~gon, fw themulves and their heirs. legsl rcpresenutives, successon snd auiyra, hereby jointly a~d severslly tover?~nt ~nd ~yree ~
~ ~
to and with tF+e said MORTGAGEE, in wccessors snd auigns:
1. To pay ~II snd sirgular the p~incipa! and interest u~d ti+e var'aus ~nd wndry wms of moneY P+Ysble by virtue of ssid promissory note, and this ~
mort9sge, esch and every, pranptly on the days respectively the same severally becoma d~e.
2. To p+Y all and sinyvlu the axes, assessments, levies, liabilities, obligatioas and encvmbrsntes of every nsture ~nd kind raw on s+id de+vibed F
properry, a tMt hereafier may be imposed, wffered, plxed, kvied, a auessed thereon, or that here~fter msy be kvied w asseas~d ~Pon this Mort~- ~ i
age. or th~ i~debtedness secvred herebY, e+ch u+d every, when due and paysbk. +ccording to law, befwe they become deli~quent. ~nd befwe any interes~ ~ a
attaches w any pen+hy ~s incurrcd; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAtt 8E PROMPTLY SATISFIE~ AND DISCHARGED OF
RECORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR 7HE SATISfACT10N PAPER OFFICIAIIY ENOORSED
$ OR CERTIf1E~) SHAII BE PUCE~ IN THE HANOS OF SAID MORTGAGEE WIIHIN TEN DAYS NfXT AFTER PAYMENT; +nd in tFx event t!?at sny the~eof is nW
paid, sat'sfied +nd distharged sa:d MORTGAGEE may al any time pay the ssme o? aoY Wn thereof withotit waivirg w affecting any opYwn, lien, equity or
~ •iqht under or by virtue of this mortg~ge and the full amount of each and every such payment sh~ll be immediately due and payabk and sha~l bear interest
~ ~rom the date thereof until psid at ratc of nine per centum per annum and 1o9ethe? with such i~terest shall be securrd 6y tha lien of th:s morgtaye.
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