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THIS INDENTURE, Mad~ the 20th d~y of 19" ~ bQ~~ ~
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~f St• ~.uC~e County Florida, hcre~r++fter dtsynat~ a~ 1he ~ ~ it3A~(~Oi`,~'`nd FIRST FE~ERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. a corpor~tion or~anizsd•+nd eai~tinp w~der th~ laws ol ths United Sut~s of Am~ric~ and haviry its pri~cipat pbct of
bus~neu in tM City of Fwt Pi~rce. St. lucie Counry. Florid~, hereinaft~r desip~ated ss tF» "MORiGAGEE."-
WHEREAS ~he MORTGAGOR 4 jwtly indebted lo ths MORTGAGEE in 1he sum of i 29' SQ~~ ~ 9ood ~^d ~a"'~(ul money oi the United ~
Srates adv~nced by tM MORTGAGEE ~nto the MORTGAGOR, as evideoced by a cer~a~n prcmissory twte of cven date he?ewith, of whicF? the followinp in
~.o~ds and ii ur s is •+r~e copy, ?o-w~t: . ' 10020946
s 29, 50d. ~O r+~
Fort Pierce. Florids. .Jl3A! 20 19 74
For value received, I, we w either oi us, promise to pay, wi~hout defal;ation, to the order of FIRST FEDERAt SAVtNGS AND IOAN ASSbC1AT10N OF
FORi PIERCE at fort P~erce, florida, the sum of S 29+5~•0~ w;tl~ interes~ from date at the rate of4.1~196 pe! annum, in ma+thly i~stall~
:•~e:,~s aa iouows: ~263. ~ ~ 1~ ZOt~ay of _~u.Qu~--. 19~~ and ~ like sum on the cwrespontlinp day of exh month therr _
a~rer unti{ the whole be fu~~y pa~d• ~
Esch installment iirat shall be applied in p+Ymenf of the i~terest snd then cn the unpaid bslante oi the p~incipal sum. If defsult ia msd~ i~ 11N `
~~~y„~rnt of any installment when due, and auch defauli continues 30 days, then a~ the optnn of the ho~de~. aod without any othe~ not~ce, all the remaining
:nsfallments shall be due and payabie at once. Privilege is given to prepay this ~ote in whola or in part at any t~ms withoul penalty Neither forebearu~ce,
nor accrplance by the holder thereof after any defau{t in any payments Ixreon, shall be deemed exttnsion. A late payment charge of =13 ~ 1 S shs~~ bs
~dd_~d ~o each insta~imem remaining unpa~d 7 days after its due date, and a like :um }halt be added to esch such instsfl~r.ent remaining unpaid 7 days +her
eech sutceeding paYrtxnt datt.
Each maker, surery and endorser hereof, jointly and severally. waives demand, presentment protest and notice of p?otest for nonpayment, and fu~ther
,_~rees to any extension of time of paymem, either before or after matu~ity, without noKce to sny of us; and to pay all costs of coHection, includiny •
:,sonable attorney's fee in the event of any default hereunder, and hereby seve~alty waives ell beoefit of homestead and exemption under the constitut'ae
;~,d Iaws of each State of the United States, as aga~nst this obl+gation or any exteosion oa renewal hereof. ,
Witness the hand and teal of each party.
. s/Michael J. Picano ~
. (se~W
~ /es...~~~ tt p no _ (SEnq
(SEI?U
t__~~ ~ 2S 1 State Revenve
~rampr eaHCeMed e!r eAgAiat~+e~e)
NOW, THEREfORE, the MORTGAGOR iw the pu~Fose of secvring pa?'ment of said sum of s 29 ~ 500' and the Pehor~++^ce of th~
covenantt snd agreements F?ereinefter expressed, and fw divera good and vaiuable com~d-ratio~s, by thesa presents, does gra~t, baryain, setl, remix,
r;::eaie, convey and confirm unto thq MORTGAGEE, ifs succassors and assigns, all lhat certain lot,- piece or pucel of (sod, situate, lyiny, and baing in tF+*
Counsy of $t• L'uCle and State of florida, deavibed ~s follows:
Lots 19 and 20, Block 2, DRBAN~.AND PARK SUBDIYISION, as per plat thereof
on file in Plat Book 7, Page 38, Public Records of St. Lucie County, Rlorida,V s
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,
° STATE ~F F~--D~I~A ~
~ N
~p DOCUMENTARY~:- STAMP TAx ~
~ °cz ° DEPj•OF REVEKU~ `~~~'f~' , i
~ ~ ~8. = ~~2~•~~ ~;f : ~ 4 4. 2 5 1 ~
N N ,A~~ ~ ~
~ ~ ~ ~ 111 ~2 ~ ' .
S" ' b~ IN PR
~ ~
REC~~ Mt~?BlF ~ 1971r of
pU~ ON ~~jER 71-134. s~ ~~0 i
~~j pplZRl?S ~ A1k i
' , ~~~t OOOet. st. ~ _
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r~erher with all and singutar the tenements, heredifaments and appurtances thereunto belonging or in +~Yw~se ~PPHt+~^i+i9 therem• ~+d «^ri, issws,
r,r«eeds and profiri accruing and to acuue from said premises, all of which are included in the sbov~ ~nd forayang dfscripYqn and Mbendum.
TO HAVE AND TO HOLD the above descr~bed and gronted premises unto the said MORTGAGEE, iri suttessors and suiQ~u forever. Md th~ said
".'.ORTGAGOR fw --thel=---- ~~rs, eaecutots, administrators ared assigns, he~eby covenann witl+ ~he said MORTGAGEE, its wctesfots +nd sssipnb
!h31 --~hey aZ~_ ~awfully se+zcd of ttro said prem~ses ~n fee simple; that the same +re f~ee, ckar and discharged from all Ilens and ~
~ b~ances in Iaw o? in equity, and that they W~p a~ their hein shall wunnt ~nd defend the title to the ssme io ths said
h',ORTGAGEE, its successors and assigns, fae~er again~t the lawlul claims and demands of all penons;
PROVIDED, ALWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE tht promissory rwte hereinbefwe destribed snd sMll trulY. P~«^P~~Y
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~ ~rd fully perform, d~scharge, eaecute, complete, comp~y with and abide by each and every the stipulations, agreernents, condii~an +nd toven~nb o si oC
~ c~omtssory note and of this Nlortgage, then this Matgage and the Estste hereby created sh~ll ceass and be oull and void. o~p
IT IS UNDfRSTOOD that the word "Matgsgw" wFxther i~ the singular or plural ~nywhere in this Mortysye, sh~ll be si~yulu if ons only and
~ ~
~ shall be plural jointly and sevcrally if more than one, and that the wwd "their" ss used anywhere in this Morfyage shall be tsken to rn~an "his.•• •'hen•• ~ i
:;r "its;' wherever the context so implies w admits. Alw, that wherever there is s refererxe in tl~e coven~n» and agreements herein tontained to a~y of ~ -
~ ~he parties hereto, tht same shsN be construed to mcsn as well as the heirs, lepsl rep~esentatives, succeswrs ~nd sssi9~s (tUher volvMUY bY ~cf of the ~ i
~ carfies w involuntary by operotion of the Isw) of the same and that the covenants htrein contsined shall bis~d snd the benefits and sdv+nt~es irwr~ t
ro rhe respective heirs, legsl representatives, successors and ass~gns of the parties hersto. ~ #
~nt and severail covcnant and ree
And said Mwtgsgo?s, fw themselves and their heirs, legel represenbtives, succeuws ud assigru, he~eby to N Y ~9 ~
ro and with the said MORTGAGEE, its svccessors and auigm: ~ V ~
1. To psy +11 and sing~tar the principsl and interest and the variovs and wndry sums of morxy payable by virtue of said promissory nots, and this ~ r
r,ortga9e, each and every, promptly on the days respectively the same sertrally become dve. ~ ~
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2. To pay sll and singular the bxes, assessmenn, levies, liabilities, oblig~tions and entumMances of wery n+h+re and kind now o~ stid dexr~d
~ property, or that hsreafie~ may be imposed. wffered, pl~ted, levied, o~ +ssessed thereon, w that hereafttr m~y M levied or asses~ed vpon this Motp-
age, w ti+e indebred~eu secured hereby, each and every, when due and paysble, xcordirg to law, before they become delinquent, and befa~ ~ny interpt
~ attaches o? +ny pensity is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISf1ED AND OISCNARCaEO OF
t RECORD AND THE ORIG1NAl OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENOORSED
~R CERi1F1ED) SHAIL BE PLACEO IN THE HANOS Of SAID N~ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the wenf that +nY thereof a not
pa~d, s~t'sfied and dixharged ss:d MORTGAGEE may at any time pay the same or any part thereof withovt wsiving a affectiny u~y option, 1'~en, equity or
•:qhf ~ndrr w by virtue of this mortgage s~d the full amount of esch ~nd every s~ch payment shall be immcdiately due a~d payabk and sha11 bear interest
~ro~*+ the da+e thc~eof unt~i pa d at rate of nine per tentum per •nnum ~nd together with suth interesf shell be secured by the lien of th's morgtage.
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