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THIS INDCNTURE, Mad~ the 2~h day of J_ '^~e.-~-' .~.T---~ " - A.D. 19~., btNve~n
Da~i~ P. Kel~,y a~'~d Susan S. ~Gal.iv, ~i,~,.~~fe
of St • 1'uCi!_---.-. Cwm~Y Florlda, hereinafte~ deignarcd as fhe "MORiGAGOR." snd FtRST fEPERAI SAVINGS AND IOAN
aS50C.lATiON OF FORT PIERCE, a cwpaat~on wya~+ud and exis~ing w~dH ~hs la.vs of tF» United Statos of America aod Mviny in pri~cipa) place of
busEnes~ i~+ ~M City of Fort Pieres, St. luca County, flaida, hereinafter designated as ths "MORTGAGEE."
WHEREAS the MORTGAGOR is justly indebted ~o the MORiGAGEE in the sum of 5-28-~3~~~ 8ood and law(ul money of tt?~ Un:ted
S!ares advarxed by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~a:n promissay note of cven date herr~ith, of wh:ch the folloNrin9 in
.urds and tigures is a trua copy, to-wit: No 1~~•~0~•1
z 28 , 300. 00
fort Pierce, Ftcxida, `J~Q 2O 19~
Fw valve received, I, we w eilhe. of us, p:o~n~se ro pay, wiehcut defa!cation, eo the order of FIRST fEDERAI SAVtNGS AiVD IOAN ASSOC~ATtON OF
FCRT PIERCE at Fort P~erce, Florida, the sum o( S-Z8 Z--3~~
~ - W;~h interesr from dafe at the rate of9!
75 % pe? annum, in monthly install-
~,~enn as fol;ows: S?r~-3'~---- ~ the _?O'~ha.y oF _ Au9ust 1974 and a like ium on the cwrcspond~n9 day of each month there-
a~rer until ~he whoSe be fully pa~d.
Each installnent first ihall be app~~:~d in payment of the inierest and ti~en on the unpaid balante of the principal sum. If default is msde in the
t a rment of any instal~ment when due, and such default continues 30 days, Ihen at iiia option of the holder, and wi~haut any other notice, all the remaining
~~,stallmeots shall be due an~ payabte ar once. Prwilege is given to prepay this ~ote in whole w in part at sny t~me without penalty. Neither forebearance,
nor acceplance by the ho~de~ thereof aiter any default in any payments hereon, shall be deemed exte~uion. A late payment charge of ~2` 6~ sha~l be
,c.led to ezch insta~iment ~emaining unpa~d 7 days after i!s due date, and a Iike sum shall be adcied to each wch ins~allmenl remaining unpaid 7 days aher
cach succeeding paymeN date. ~
Each maker, surety and endorser hereof, jointty and severally, wa~ves demand. presentment protest and notice oi protest fw na ~yment, snd further
igrees to any extension of time of paymeM, either bafore er aftet mawrity, without notice to anf of us; and to pay all costs of collectioe, inctud~ng ~
r,sonabte attomey's fee +n the event of any detauit hereunder, and hereby severa!ty waires all benefit of homestead end excmptian u~der the constitution
~.d Iaws of each S~ate of the Unitzd States, as against th~s obligation a aoy eatens,on or renewal fereof.
W~tneas the hand and seal of each party.
(S~?U
s avid P. Kelly
~ ~ (5~?U
s usan . e y ~
~ $42.45 ~ Stare Revenue
ar.~~ ~swMliei~w ~~i~k»1.ws~e1
NO;N, THEREFORE, the MORTGAGOR for ?hr purpose of securing payment of said sum of S 28 ~ 3~' ~ and the pe?formance of the
tovenant3 and agreements hereinaf~er expressed, and for d~vera good and valuab!e cons;de.ations, by tF+ese presents, does g~ant, be.ga~~, sell, rem~se,
r~le~se, convey and confirm unto the MGRTGAGEE, its succeawrs and auigns, alt that certain lot, piete or parcel of Isnd, situate, lying, and beiny in 1M
Cour.y of St• LZICl@ and State of ftorida, described +s follow~:
4.ots20 and 21, Block 13, SILVBR LAKB PARK ADDITION, as per plat thezeo! on file in
plat book 10, page 8, Public Records of St. Lucie County, Florids~, _
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N~E S 1 r•+ ~G IN rAVIIAEN~ Of 111X+f~i _
; ~ ~ ` ~ ~ ir~M+cis~ ~~so~n~ rno~n,
o ~ c ouE
,s' ~~C~'~ ~ M4~~ ~ .~IIAMT 1Q CFiAPTER 71-134. ACTS ~ 19/L ~ 9/
~ WCER PDRRAS ~
J ee~z C~ERK CiIlAlti OOUR(. Jf. WOE ~ F1J1.
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~c•yether with sll snd singu:ar the tenemen4s, hereditaments and appurtancea therevnto belonging u in snywise appe?t~inirg thereto, ~nd all rents, issues,
~ ;:roceeds and profits xcruing and to accrue from said premises, all of which are included in the above and foregang destriplion and habe~dum-
TO FU\VE AND TO NOLD the above descr~bed and granted premises unto fhe said MORTGAGEE, ib successw: srd auigns forever. Md fFN aaid
.':ORTGAGOR fw - thelr ~~rs, executors, administrators and assiqns, hereby tovenants with the ssid MORiGAGEE, its sutcessots ~nd ~ss~gns.
i~jt the~_are _,aW{~„Y of the said premises in fee simple; that the same are free, dea~ and d'iuharged from +II liens and enarrtf -
~ brances in Isw or in equity, and that they a~ their hein shsll wsrrant and defcnd the title to the aamt to the s~id
ti+ORTGAGEE, its successon and assigns, fwever against the lawful claims artd demands of all perions;
~ PROVIDED, ALWAYS that if the MORTGAGOR ahall paY unto the MORTGAGEE the promis~ory note F~ereinbefore described and shall truly, promptlY
a-d luiiy perform, discharge, eaecute, complete, comF~y wi~h and abide by each and every the stip~rlatioru, agreements, co~ditea~s and covenants of said
~z :~rom~ssory note and of this Moregage, then this Mortgage and the Estate hereby veated tbsll cease and be null and void.
~ IT IS UNDERSTOOD that the word "Mortgagor" whether in tMe s~ngular or plvra) anywhere in this Mortgage, sFull be sinyular if o~e only snd ~,d
s~,a~! be plural joimly and severally if more thsn one, snd ~hat tFx wwd "their" ai uud snywhere in th~s Nbrt~+ge tMll be taken to mean "his;' "hen;' p~JO
cr "its;' wherever the context so implies w admits. Also, that wherever there is a reference in the covenants snd agreements herein tontsined to ~ny of
~ +ne parties hereto, the same shall be construed to mean as well as the heirs, legal representativd, successors and auigns (eithe~ voluroary by ut of tht
part~es or involumary by operation of the Isw) of the ssme and that the covenaros herein contained shall bind •od ~he benefin and advsmsges inw~
~o the respcctive he~rs, legal representatives, successors and ass'gns of the pacties he~eto.
Arxl aaid Mo?tgagors, fw themxlves and their hei~s, legel representatives, successors and auigns, hereby jointly and severelly covena~t and ~yrte ~
ro and with the uid MORTGAGEE, its successors and assigns:
- 1. To pey all and singvlsr the principal and intcrest and tFx various and sundry sums of money psyabte by virtue of said promissory note, snd this ~
mongage, esch snd every, p~wnptly on the days respectively the same severally become due.
' 2, To pay sll snd singvlar the tsxes, assessments, levies, lisbilities, oblig~tions and encumbrancet of every nafwe and ki~d now on said desvibed
~ property, or that hereafter msy be imposed, sufferod, placed, levied, or sssessed thereon, or that Ixresfier may be levied w~ssessed vpon fhis Mott¢
age, a the indebtedneu secured hereby, each and every, wiur? due and payable, xcwding ro Isw, before they become delinquent, ~nd befor~ sny Interest
~ ~+!rches or any pe~alty is incur~ed; ANO INSOFAR AS ANY THEREOF IS OF RKORd THE SAME SHAII BE PROJNPTLY SATISFIED AND DISCHARGEO OF
QECORD AND THE ORIGIt3Al OFFiC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSEO
~ CR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is no~
~a~d, sat"sfied and dixhargcd sa:d lAORTGAGEE may at any time pay the same a any part thereof witFwut waiving or sifecting sny option, lieo, equiry p
~`s •+~ht vnder a by virtue of fh~s morrgsge and the full amo~nt of each and every such paymen+ shall be ~m+nediately due snd payabk and shall bear interest
c,~.,, :he dare rhe~eof vn!tl pa d a~ rate of ni~e per centum per annum and together w~th svch interest shall be secured by the lien of rh s morgtage.
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