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This instrument waa prepared by:
C. Will~am Lewis
Indian River~Federal Savings
and Loan Assaciation
MORTGAGE p• o, sox ~e9a
Ft. Pierce, Florida 33450
THIS MORTCAGE is made this ~~rd.- day of 19T~__,
bch~•cen the ATor?.gagor, __yiLilb~rt ~I. Thomson_~__Jp~~g, Thom~en___his wifP
- - - - - - - - - - ~herein "Borm~~~er"), -
and the ~~ortgagee, lndian Ri~~er Federal Savings and Loan rlssociation, a corporation or~anized
and existing under th~• la~~-s of the United States of Am~rica, ~vhose address is Vero Beach, Florida
; hercin "I.ender" ) .
"~IiEREAS~ Rorrower is indebted to Lender in the principr~l siun of Thirty thOUSand and
no/100-------_-------- Dollars, which indebtedness is evidenced b~• Borro~•er'G not~~ of even
~late here«ith (Lerein "rTOte"), providinr far monthl~• installnu,nts of princii~al :in~l inter~~t, ~ itL
the Ualance of the indebtedness, if not sooner paid, ciue ancl ~~ayable on May 1, 2000 ,
To SECVeF to Lender (a) the repayment of thc~ indebtedness e~•ideuc~~d b~ tl~e \'ot~~, ~~•itli iut~r~~.t
thereon, the pn~ment of all other sums, ~~~itl~ interest thereon, ad~~ancecl in accordaue~~ 1~~~~•e~~~ith tu
prutect the security of this Mort~a~e, and the performance of the co»~•~nz~nts ~~nd a:;reenic~~~t~ of
Rorro~ver herein contain~d, tind (b) tli~ repa~n~ent of un}• future atch~:?i?ec~•, ~~•iti~ iuterc~~t th~~r~uzi.
u~ade to BorroWer b~- Lenaer pttrsuarnt to pura~rti~~l~ ~1 Leri~~t' (Lcrnin '`~'uturc Acl~•:~»e~~~"),
Rurro~ver does hereUy niort;t~~e, grant ~i~id eonve~• to I.encl~r th~• follo~~-i~i~ cle~c~i•ihed ~n•o~,ei•t~-
loc~~ted in tl~e CountS- of Saint Lucie _ , State of 1~`lcn•i~lzi :
3~1~0-5~5'- Oa2?'0-000~~
Lot 24, Block 254, Fort St. Lucie, Section Six,
According to the plat thereof as rec$rded in
Plat Book 12, Pages 36-A through 36/of the Public -
Records of St. Lucie County, Florida. _
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RECEIYED =-3~-==- iN PAYMENT OF TIUtES
DUE ON CUISS 'C MTNiG Bl~~
A~CiS OF ~ y IERIY
pW~UANT TO ~
f~ POtIRAS ~
RT St. IUC~E 00., fLA ~
CLERK CIRqJfi ODU .
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'C~:r:TxFtc ith :~ll th~ impro~~~ment~ no~~- ~~r here.ifter crected un the prope~•t r, and :ill easements, .
ri~ht~, ~ppurtenance~, rent~, rot~~lties, niinc~ral. ~il .rncl ~:i~ riKht~ anci profits, ~~-tit~r, «•ater rirhts,
~u~d ~•ate~• stoek, and ~11 fixtures no«• or i~ercafter attarhecl t~ th~ propert}•, all ~f ~~~hieli, includin~
replac~en~ent~ and ~dditions tl~eretu, sl~a)1 l~~• dee~necl to be ,u~d i•e~u~~in }~art of the pi•operh- co~erecl.
~ h}• this Jiortga~e: .ind all of tl~e fm•e~oiu~, torethc~r H•ith ~~icl ~~r~pert~• (~~r tl~e leasehold c~tate
ir? the e~•ent tl~i~ \fort~.~~c~ ic m~ .i lc~.i~~hold) :tre herein rc~fc~i•red to ati tl~~ "Propert}•". ~
Borrower covenants that Rorro~r~~r is la~~•fiili~~ sei~ed of thc~ ~~tate h~ret~~- ~•om•c:~•~d .~nd La~s the
ri~pl~t to n~ort~t~~~. ~rant an~i c•~?n~~e~• thc~ Propei•t~-, fl~~t thc~ Propert}• is im~neumbered~ ancl that
Borro~cer ~~•ill warrant and defcml ;rc~nc~r~lh- t{x• title to th~~ Prnpc•rt~- a~sinst all clain~5 ancl demand~, r
:uhject. tc, an}~ easements .ind r~~~h•i~tions li~te~~l in ~i ~c~he~lulc~ ~f e~ceptions t.o covera~e~ in am~ titic~ ~
insuranee polie~~ insuring Lencler'~ interest in the 1'rc~~~ert.y. g
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LTNIFORAf G'OVEI3ANTS. BOl'TONCI' I111(i I~e~ider.co~-enant an~l agree as follows : ~
1. Payment of Principal mid Interest. BorroR•er ~hall promptl~ pay when due the principal of and interest ~
on the indebtedness evidenced by t.he Note. prepapment and late char~e~ as provide~l in the Note, and the princi- _
~ pal of and interest on any Future Advances seci~red in~ this ~tertqage. ~
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Z. Funds !or Taxes and Insuraace. Subject to I,ender'~ option under para~raphs 4 and .5 hereof, Borrower
_ shall pay to 1.ender on the day monthl}• installment~ of ~~rinci~?al ancl interest are payable under the Note, until '
the Note is paid in full, a sum (herein "Funds") e~ual to onc-twelfth of thc yearly taxes and assessments which
Y may attain priority over this ~tortgage, and ground rents on the ProPerty. if any, plus one-twelfth of yearly pre-
_ mium installments for hazard insi~rance, plus one-t~velfth of ye~rh• premium installments for mortgage insursnce,
~ if any, nll us reasonably estimatcKi initially ~n~1 from timc to time b~• I.ender on the basis of assessments and bill~
~ <?nd reasonable estimates thereof. Thc Fun~1~ ~l?all he hel~i in :?n institution the ~leposits or accounts of which are
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~ F'LORIDA-~a?s~-f2/71-1 ~0 4 Famitr
~ ao;~~38 P~2597
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