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THIS INDENTURE, Msds f 28th ' ay f February A p 19 75 ~~W~~
ey .~teyno s,ah ita Reynolds, his wife _
of St. Lucie ~~nty florida, hereinafter designated as the "MORTGAGOR:' snd FIRST FEDERAL 5~?VINGS AND LOAN
ASSOCIATION OF FORT PIERCE, • corpwation orga~ised and sxi~tinfl under the lawt of the United Staus of America and h:ving its principal plac~ of
buunsu in tl~ City of Fort Pierce, St. lucie County, Florida, hsreinafte~ deii~naud as tM ~~RIG~4~EE~ ~
WHEREAS 1M MORTGAGOR is iuttly indebted lo th~ MORTGAGEE in the sum of S good and Itrviul money of the Un~ted
States advanted by the MORTGAGEE unlo Ihe MORTGAGOR, as evide~ced by s certain promissory note of even date hcrewith, oi which the followinp in
wordi and figurei is • trus copy, towit:
: 10,000.00 11000294
Fort Pierce, Floride, Februarv 28 ~ 19_Z~
Fw value received, I, we or either of us, prom~se to pay, wi~hout defalcation, to thc order of FtRST FEDERAI ~SAVlt~'a5 AND LOAN ASSOCIATION OF
fORT PIERCE at Fort P'erce loride, ~he sum o S 1O O0 w;th interest from date at the rate of9' LSOlo per annum, in monthly instalb
ments a~ follows: i 9~~~ o~ the ~t
day~~- .~9 ~S and a like sum on the correspond~n9 day of each month there-
after until the whole be fully paid.
Each i~stallment first shall be applied in payment of the interest and then on the unpaid balance o( the princ~pal svm. If default is made in the ,
paymenf of any installment when due, and such default continues 30 days, then at the optan of the holder, and without any other notice, all the remaining `
~nsTallments shall be due and paya6le at once. Privilege is give~ to prepay this note in whole w in part al any time without penalty. Neiiher forebear~nce, ~
nor acceptance by the holder thereof after any default i~ any payments hereon, shall be deemed eztenaion. A tate paymeet charge of S 4• 6O- s~+a~~ be
added to each installment remaining unpaid 7 days after its d~e date, +nd s like sum shali be added to each such installment remainirtg unpaid 7 days after
eath succeeding paymeM date.
Each makef, surety and endorser hereof, jointty and severally, waives demand, prcsentment protest and notice of protest fw nonpayment, and furthet
agrees to sny exteniron of time of payment, either before a after maturiry, without notice to any of us; and to pay all costs of collection, irxlud~ng a
reasonable attorney's fee in the event of any defauit hereu~der, and hereby severally waives all benefit of homestead and exemptioh under the constitution
and laws of each State of the United States, as against this obligation p any extensian or renewat hereof.
Witneu the Mnd and seal of each party. .
S/ Rilev W. Reynolds ~senU
cs~?u
. : ' ' S/ Anita F. Revnolds ~s~
ts~rw
~ 1 S. 1$tate Revenue
~6]a9WOC~[otUtdUfDCOChdDe~Flf~
NOW, THEREFORE, the MORTGAGOR for the purpose of securiny psymeM of ~id sum of s 1~ ~ . , and the performance of the
covenants and agreements here~nafter expressed, and fa divers good and val~able consider~tions, by these p~esents, does grant, bargain, sell, remise,
releau, convey and firm unto e MORTGAGEE, its tuccessors and auignt, ell that certain lot, piece u pucel of Iand, situate, lying, and being in the
Luc~e
County of and State of Flwida, dewibed ~i follow~: .
S
Beginning at the Northwest corner- of Lot 79 of MARAVILLA SUI3DIVISION, as
Per Plat thereof on file in Plat Book 4, Page 68, of the Public Records ~
of St . Lucie County, Florida. Run East on the North line of said Lot '79
265 feet to a point; Thence turn and run Southwesterly parallel to
' Sunrise Boulevard to the South line of said Lot 79; Thence turn and run
; ',~est along the South lot line of said Lot 79 to the Southwest corner of
~ said Lot 79; Thence turn and run Northeasterly along the East right-of-
! way line of Sunrise Boulevard to the point of beginning.
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%5 together with sll and singulsr the tenements, hereditamems and appurtances t1?ereunto belonging or in anywise appertaining thereto, and all rents, issues,
~3 prxeeds and paofits accruing and to accrue from saFd premises, all of which are included in the sbove snd fore9oinp dewiption and habendum.
TO HAVE AND T HOt,p the above desuibed and granted premises ~mo the ssid MORTGAGEE, its successors r+d ~uigns fo?ever. And 1M said
~ ~heir ;
~ MORTG GOR for heirs, execvtwt, administrators and assigns, F~ereby covenants with the s~id MORTGAGEE, ib successon ~nd astipro, ~
fhat -t~e-~? are - Iswfully scized of the said premius in fee simPle; thaf the same are free, desr and dixharged from all I(ens aod encum- ~
brances in law or in equity, and that they W~~~ a~ their hein shall war~ant and defend t}x title fo the s~m~ to the s~id I
MORTGAGEE, its successo.s snd assigns, forever against the lawful claims and demsnds of all personf;
PROVIDED, ALWAYS thst if fhe MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote hereinbefore dexribed and shall truly, promptly
and fully perform, d~scharge, execute, comple:e, comply with and abide by each and every the stiputations, agreements, conditions a~d covenanri of ssid
- promissory note and of this Mortgage, then this Mortgage and the Estate hereby veated shall cesse and be null ~nd void.
} IT IS UNDERSTOOD thst the word "Mortgagor" whefher in the singular or plural ~nywhere in this Mwtgsge, thall be tingular if one only ~nd •
:hall be plural joiMly and severally if more than one, and that the wud '9heir" as used anywhere io this Mortg~ge shall be taken to mesn "his," "hen;'
- o~ "its;' wherever tht context w implies w sdmits. Also, that wherever there is a reference ~n rhe w~enann ar~d agreeme~n here~n con+ained ~o sny of
;~;;6 the parties hereto, the same shall be construcd to mean as well as the Fxirs, leyal r~presenNtives, successon snd sssiyns (either volunhry by act of th~ p
" parties or involuntary by operation of the law) of the same and that the covenants herein contsined shall bind ~nd the benefits snd adv~nqpes inur~
to the respective heirt, legal ~epresentatives, successors and su~gro of the parties hereto.
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' And said Nbrtgagors, for thcroselves and their heirs, legal representatives, successon snd euigns, hereby jointly and severally covenant and ~pree
to end with the s+id MORTGAGEE, its successors and auigns:
1. To pay all and singular the principal snd interest snd tFx various and sundry sums of money payable by virtue of ssid promiswry note, and thi~
_ mortgsge, esch and every, prompHy on the days respectively the same severall~ become due. ~
2. To p+y all and tingular the taxcs, astesunenn, levies, li~bilities, obligations and encumbrsnces of every nature and kind now on said dewibed
4 property, w that hereafter may be imposed, suffered, plxed, levied, w+uessed thereon, or that hereafter m~y be levied w assessed upon this MortQ-
ege, or the indebtcdness ucured hereby, each and every, when due and payable, +tcadirg to law, befae they become delinquem, ~~d befwe any intere~~ N
~=:5 attaches or any penalty is incu?red; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~
y~~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANLE, TNE TAX RECEIPT OR THE SATISFACTION pAPER OfFIC1AllY ENDORSED t
- OR CERTIFIE~) SFIAII 8E PIAC£D IN THE HANUS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that sny thereof is ~ot ~y
- paid, sat:sfied and discharged sa:d MORiGAGEE may st any t~me pay the seme a any part thereof without waiving w affecting sny option, lien, equity a
~~qht under w by vi.tue oi this mortgsge and the full amount of each and every such paymcnt sha11 be immediately due and payable snd shall besr interest
~•om the date thereof until paid at rste of n+ne per centum per ann~m and together w~fh such iMerest shall be ucured by the lien of th:s morytsye.
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