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3U~014 , ~ ~ . . R
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THIS INOENTURE, Mad~ tl~ie 2~t day of F~bl't1aT1T A.D. 19~ betwe~n !
walter a. Walloar and I~ois Walker, his xife, _ f
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of ~CiA Covnty Fia~da, htrtinaftN dttignated ~s tha "MORTGAGOR;' and ~up~ rf~DER*t SA~/I~,,S~ND IOAN ?
ASSOCIATION OF FORT PIERCE. • corpor~t~on orq~nized and ~xiuinp vnde? 1he laws of ths Un~t~d Stat~i of Arr~r~ta Md Mvinp'hs princ: 1'pl~t~ of ~
bvain~ss i~ tM City of fwt P.iac~, S~. L~cie County. Florid~, he~~inafttr d~siynated as tM "MORTGAGEE." ;
WHEREAS 1M MORTGAGOR a jvstly irdebted to 1M MORTGAGEE in tM sum of ~ 1~.~0.~ pood and lawful money of the Unltcd
Siates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory oote of eve~ dale hertwith, of which•1~ foll9winy in
words aod figuret is a true copy, to-wit: . ~
s 15~000.00 ' • . r~o--~~119~
fort Pierc~, flaid~. '~bTtl82'1? 21~ 19~
For value received, 1, we or either of us, prom~i~s+e to pay, without defalcat~on, to the orde~ of FIRST FEOERAI ~SAV~IN~GS AND IOAN ASSOC~ATION OF
F7RT PIERCE at Fw~t ~P~ierc~e,
Florida, the sum of S 17f~~-_s~ w~th interesr from date at the rate of7~c ~°~o per annum, in ma~lhly install-
e~,rs as follows: Zi7J~~^+ on the day of ~r~ . 19~ and a liks swn a+ the corresponding day of each ma+th therr
atrer until the who!e be fully paid. •
Each installment ~irst shall be ~pp~~ed in payment of the iNerest and -2hen on the unpaid balsnce of the p?irxipa) sum. If default is made in the
F 3; ment of any instal~ment whco due, and such default continves 30 days, theo at the option of the holde~, and withoul any other nolice, all the remainin~
~~sratlmenb shall be due and payabie at wice. Privilege is giveo to prepay ~h~s note in whote or in part at any time without penalty. 'Neither forebear~nte,
~.or accepta~ce by the hotder thereoi afrer aoy default in any payments hereon, shall be deemed extension. A late payment tharge of Z 7'?~ shsll b~
-J 1_d to each inslaliment remaining unpaid 7 days after ib due date, and a like aum shall be added 1o each s~ch installment remaining unpa~d 7 daya afte?
..ach succeeding paYmenl date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, preseNment protest and notite of protest fw nonpayment, and further ~
a3rees to any extensio~ of time of payment, either before or after maturity, without noti<e to any of us; and to pay aU costs of collection, including a
~_~.,sonable attorney's fee in tlx eveot oF any detault hereunder, and hereby seve~ally waives all benefit of Famestead and ex~mption unde~ the tonstitWan
~d laws of each State of the Unlted States, as against this obliga~ion o? any extens~on or reoewal hereof.
Witness the hand and seal of each party.
S/ Walter G. Walker ~wU
(5~?U
S Lofs Walk~e r ~wu ,
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_ ~ ) State Reven~e
;~9~e~npstenteMed~n~.igiwsF~w1~ -
NO`N, THEREfORE, the MORTGAGOR for the pu~pox of securing payment of said sum of 5~.~~0~~ a~d the perfotmsnce of the
covenants and agrcements hereinafter expressed. and for divers good and valuable consider~tions, by fhess ptesents, does grent, baryain, setl, remise,
~efrnse, convey a~d confirm unlo t1u MORTGAGEE, its successors and auign:, at~ that ceruin bt, piece or pucel of Iand, situate, lyirg, and bei~g in ths
County of St. ~~l1C~A , and State of Flwida, deuribed a~ follows:
Lot lt and the North 23 Yeet of I.ot 5, and the West 5 feet of vacat,ed alley ad jacent on
the East Block 1, NEBRASKA COURT, according to the plat thereof recorded in Plat Book
5, page ~8, Public Rscords of St. Iucie County, Florida,
STATE ~'F F~--ORiDA ~
' ° DOEUMEN7ARt ; ST
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LEPi.Of REVENUE, . 'x~:
_ = FE~z,•~s ` 2 2. 5 O 1 .3
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IN'AYMENT OF tAXE~ ~
~IE OM C(ASS 'C INTAN6IBLE PERSpN~~ pRpp'ERiY, 1
~1~NT TO CFiIWTER 71-]34, ACTS OF 1971.
ROCER I+ORRAS ~ ~
~ CIERK GRqlIT R~ :
~IlR'T. ST. WCIE 00, F1/l ~
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~ rogz+her with all snd singular the tenements, hcreditaments and appurtances thereunto belaging a in anywise appsA~inirg thereto, ~nd ~II rents, issves, i
~ o: oceeds and proEits accruing and to acvue f~om said premises, all of which are included in the ~bove and fore9oing desaiption ~nd habendum.
~ TO HAVE AND TO HOID the above desv~bed and y?anted premises unto ths aid MORTGAGEE, its succeuors and auiyns fwev~r. And tFN said
t~'l8~'
~.•.02TGA;G~,OQR~ for - heirs, executas, administrators and ass'gns, hereby cwsnants with the said MORTGAGEE, its s~aesson aod assipro. i
~ r~3t -~3-$~--- lawfully se~zed of the said premises in fee simplr, that the ssme ~n free, dear and dischsrged from all lieos ud encum- `
' cra~ces in law w in equity, and that thAy will +nd their hein shall warwnt and defeod the titl~ fo the sams to ehe ~aid ~
r: ~dORTGAGEE, itt successors and assigns, forever sgainst the lawful clsims a~d demands of all persons; ~
~ PROVIQED, AIWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy noq hereinbefors destribed snd sh+ll ftuly, promptly j
~ ~~.o fulty perform, d~xharge, execute, compkte, comply with and abide by esch and every the stipubtio~s, agreements, condit'~an +nd tovenanri of said i
-~M' :.o~~:ssory note and of this Mortgage, then this Nbrtg~ge and the Esrate hereby ueated shall ce~se and be null and void. ~ j
~ IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular or plura) anywhere in this Mwtyape, shall b~ sergular N one only and ~
~ s~all be plural jointly ~nd severally if more than one, and that tFx word "their" ss uud anywher~ in ihis AAortyape thall bs taken fo me~n "his," "hen," ~i
~ "its," wherever the context so implies w admi~s. Also, that wherever there is s rofererKe ie the twen+nts ard syreemenb herein cont~ined to any of 'P
~ rhe parties hereto, the sama ~hatl be construed to me+n as well as the F?eirs, leg+l rtpresentativq, wccessors and auipns (eitF~er voluntary by acf of th~ i
~a~~~es or involuntary by opera~ion of the law) of the ssme ~nd that the covena~ts here~n coma~ned sh+lt bi~d and rhe ber?ef~n •nd edvantapes invr~
ro the respective heirs, le9al represenratives, successors and ass~gns of the partits hereto.
~ And ssid Mortgagors, fa themxlves and their hein, legal representatives, successon and auigrn, hereby joiMly aod severally coven~M ~nd agr~e
ro and with the s~id MORTGAGEE, its succasors and assgns:
1. To pay all and singular the printipal and interest and the wrio~s snd sundry wms of money payable by virtue of said promissory note, and this
TorTgaye, each and every, promptly on the d~ys respectively tFK ssme sev~rally become dve. ~
~ 2. To psy all snd iugubr the taxa, asscume++ts, levies, liab~l~ties, obli9ations and encumbanon of every nature ~nd kind rww on said d~scrib~d
~ property, a that here~fter may be imposed, suffered, plsced, levicd, a~uessed tF~ereon, w thst here~fte~ may be levied or asessed upon fhis Mwt¢
a~e, o~ the indebtedneu secured hereby, each and every. when due and psy~ble, actadirg to law, befwe they becane deli~quent, and b~fon ~ny iMerest
~ a~reches a a~y penalty is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD THF SAME SHALL BE PROMPTLT SATISFIEO AND ~ISCHARGE~ OF
RECCRO AND THE ORIGINAI OffICIAI DOCUMENT (SUCH AS, FOR 1NSiANCE, iHE TAX RFCEIPT OR THE SATISFACTION PAPER OFFlCIALLY ENDOR.iED
OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEX~ AF1ER PAYMENT; snd i~ tht event that ~ny thereof is oot
~;atd, sat"sfied •nd dixharged sa:d MORTGAGEE may sf any time pay the ssme a any pan thereof witFavf w~iving a sfiectirg anr optio~, (iM, equity a
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° •+qhf under or by virtue of rhis mortgage and the full amount of esch and every such payment shall be immediately due and paysble and shall bear interest
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s~.sV ~mm fhe date the~eof ~ntfl pr d a~ rate of mne per cemum per annum and together w~th such i~tereft shall be secvred by the lien of t!~'a morgtage.
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