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• THIS INDENTURE. Made the- ?-~tt~ day of _ t~ T~ 1 A.D. 19~ belxren
:ILiUert G. I_ar.ystc~n ~~n~ ~+ari~n~ C L n a, i ~v f~~
_ _ ~
of 5t. LUC1~'~ ~~~ty iiorlda, hereina(~er des~ynarrd as Ihe "MdRTGAGOR;' and~FIRST FE~FRAL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpaat:on organized a~d exis~~rg unde~ the lawa of tha ~1n~led Statas ot America and having its pri~~c~pal ptace of
business in ths City of Fort Pierce, SI. lucie Cou~ty, Flaida, hereina(ter designa~ed as the "NIORiGAGEE:' ~
1 (~C1. 00 ' . i
WHEREAS ~he MORTGAGOR is ju~Ny indebted to the MORTGAGEE in the sum of E--~-a-~ good and lawFul money of the Un!ted
States advanced by the RtORTGAGEE vnio the MORTGAGOR, as evltirncrd by a certa~n promissory note of even date herew~th, of wh:ch the foilow~ng in
~.ords and li ures is a true co y, ?o-.vit:
s 1..~ _'~f~n _ ~ci P ~ 11000212
~ Fort Pierce, Flwida, ~~X11 25~~ _-19.1~_
Fw value recerved, 1, we or either of us, prom~se to pay, wiihout defalca~~on, to the order of F~RST FEDERAI SAVINGS AND IQAN ASSOCIATIJN OF
~ ORT PIERCE at Fwt P~erce, Ftorida, the sum of j__1 ~On ._UO _ w,th interes? from date at the rate of 8•~'o pe~ annum, in moNhly ins~nit-
,~en~s as fo~lows: S1^~' ~U on the 2ntt~ day of `~uUU St 19_.7~ and a like sum on the correspond~r.g day of each c~onth t.lece-
arter until the whole be 1~Ily paid.
Each ins~ali~nent fir:? shall be appl;ed in payment of the interest and then on the unpaid balance of the princ'pal sun~. If default is made in tFu
~,~;ment of any installment rvhen due, and wch default cominues 30 days, then at the option of the holder, and ~vithout any ather noti;e, all the remaining
~~srallments shail be due and payable at once. P~ivltege is given to prepay this note in whole or in part at any Gme withaut ps~alty. Neither toreMarance,
nor acceptance by the hoider therrof after any default in any payments hereon, ahall be deemed extension. A late paymero ch,:rge of S$-! S~ shal: be
~dded to each inatal{mem remain~ng unpa~d 7 days after its due date, and a G~e :urn ahall be addad to each such installment ren:~ining unpaid 7 dayi aftsr
~ach sutceeding paymeM date.
Each maker, surety and endo+ser he~eof, jointly and severally, waives demand. presentrnent protest and natice of proteat for nOnpeyritli:, e~K1 furthet
agrees ro any extens~o~ of ~~~ne of paymem, e~ther before or after ma~urity, without not~ce to any of us; and to pay all costs of collection, inctud:ng a
r~ ,sonable at~omey's fee ~n the event of any default hereunder, and hereby severalty waives all benefit of homestead and exemption undcr the comtitution
~~d laws of each Srare of ihe Jnited $tates, as against this ob~igatian w any extension or renewal hereof.
W~tness tne hand and seal of each party.
S;' ttubc~rt l~. Lanc~ston (SEAL)
(SEAI)
(SEAI)
,ar ene anys on
;t • 8O ) State Revenue ,
..~tJ6~\diGlif~iad.~liJ~d~~XaSb(iK 19 2~~ .
NO'JV, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S ~ and the performance of ths
covenants and agreements t~ereinafter expressed, and for divers good and valuabte considerations, by these presents, dxs g~ant, bargain, setl, remise,
re;ease, con~ey and confirm unto the MORTGAGEE, its svccesso~s and asslgns, all that certain lot, piece or parcel of land, situate, lying, and being in the
County of St. I-uCl~'- and State of F~o~ida, deavibed aa followse
'__vt 49 and thc~ Norti~ 1 of Lot ~U, Filock 6, ItiDZA.1 ~ZIVER ESTATES, L':~IT #2, ~5
~r Plat th~r«~of on File in F'lat I3cok 10, Pag~ -~G, accordin~ to i.he Public
~'~~~rcis of St. L.uci~ County, Flori:ia.
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_ - RECEIVED j___~~_~G IN PAYt!~'tT OF TAXES
~ ~UE ON CU1SS 'C' INTANGIBLE PE.! ~
~ PURSUAflT TO CHAPiER 71-134, ~ S`~~ 1971ER(1',
~ ROGER POITRA$
~ CLFRX CIRqIIT OOURT, ST. UlC1E 00., Fi1~
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rogether with all and singular the tenements, heroditaments and appurtances thereunto belooging w in anywiu appertainiog thereto, and all rents, issues,
~ proceeds and prof~ts accruing and to accrue from said premises, all of which are i~cluded in the above and foregoing desuiption and habe um.
TO HAVE AND O HpID the above described and graMed premises unto the ssid MORTGAGEE, its successws and assigns forever. And fhs said
s;
` ti10RTGAG},O~R for - t-~ l r heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and •uigru,
rhat -~~J~-~~~'-- lawfully se~zed of the said premfses in fee simple; that the ssme are free, dear snd discharged from all liens and encum-
+
~ orances in law or in equity, and that `'t~~~'. will and thelr _ hebs sba[I wanant and defend the title to the same to the said -
~ h+tORTGAGEE, its successors and assigns, forever against the lawful daims and demands of all persons;
PROVIDEO, ALWAYS that if ~he MORTGAGOR shall pay unto the MORTGAGEE the p~omissory note hereinbefwe dexribed and shall truly, promptly
- and (ully perform, d~scharge, execute, complete, comply with and abide by each snd every the stipulations, agreements, conditions and covenants of said ar~.
prom~ssory nore and of this Mo~tgage, then this Mortgage and the Estate hereby created shall cesse and be null and void. ~
oa
= IT IS UNDERSTOO~ that ti~e word "Mortgagor" whether in the singular or plurol anywhere in this Mortgage, shall be sinQular if one only and ~w
shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hers.' ~ V
<'~i or "its," wherever tF.e contezt so implies or admits. Also, that wherever there is a reference +n the covenams and agreements herein coMained to any of ~
the parties hereto, the ume shall be construed to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by atl of the ~
;r; parties o? involuntary by operotion of the law) of the same and that the covenants herein contained shall bind and the benefits and advsntages inure
;y to the respective heirs, legs~ representatives, svccessors and asrgns of the parties hereto. ~~s
And said Mortgagors, fw themsebes and their heirs, legal representatives, successors and assigns, hereby jointly and severally tovenant and agree M
F~ to and with tFx said MORTGAGEE, its successors and assigns:
1. To pay all and singular the prirxipal and interest and the various and sundry sums of money psyable by virtue of said promissory note, and this V e
y mortgage, each and every, promptly on the days respectively the same severally become due. ~
~z 2. To pay all and s~ngular the taaes, assessmmts, levies, liabilities, oWigations and encumbrancet of every nature and kind now oo said dewibed ~
- property, w that hereafter may be imposed, suffered, placed, levied, or assessed thereon, w that hereafter may be levied or assessed upon thit Mortg
_ age, o? the indebtedness secured hereby, each and every, when due and payable, according to law, befae they become delinquent, and before •ny interest
atraches w any penalty is incurred; ANO INSOFAR AS ANY TNEREOF IS OF RECORD THE SAME SHAII SE PROMPTIY SATISFIED AND DISCHARGED OF
RECORD AND THE ORIGthAI OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AlLY ENDORSED
OR CER11fIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not
oaid, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same or any part thereof wilhout waiving or aflecting any option, lien, equity w
~~qht under or by virtue of this mo~rgage and the full amount of each and every such payment shall be immed~ately due and payable and shall besr iNerest
- t~om the date thereof until pa;d at ~ate of n~ne per centum per annum and together w~th suth interest shall be secured by the lien of th:s morgtage.
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