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THIS INDENTURE, IN~d~ ths 24th d,y o~ ~ ~~June a.p. 19~ ~
_ Ronald M. Sonoda and Lorraine IN. Sonoda, hi~ wi~e • +
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of St uCle ~p~nty Florida, herQ~na{~e~ des:9~ated ss the "IKORTGAGOR," and FIRST FEDFRAL SAJINGS AND LOAN ~
ASSOCIATION OF FORT PIfRCE. • corporation ory~nized and exi~tirg u~de~ the Iswn of th~ Unired Siat~s of America and Iwvinp in principa! plac~ rf
buiinqs M th~ City of Fwt Pie~u, St. luci~ County. Fbrlda, hereinaf~e? desiy~aied as the "MORTCsAGEE:' •
WHEREAS IM MORiGAGOR a justly ~1fbt(~ to th~ AI~O~TGAGEE in the sum oi = 29 ~ pood and lewful ma+ey of the Untted +
S!ates advanced by the MORTGAGEE unio the ~MO(iTGAGOR, as evidencrd by a cena~n promissory note of eve~ date he~ewith, of which the foltow~n9 in
s 29 ~ 2O~ .re~ a true cop'y, towit: .
r ~•~2@00329
, fo?t Pierc~, florida. 1 i• a-.~ ~
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Fw value received, I, we o~ either of us, promise to pay, witFwvt defalcation, ro the order of FIRST FEDERAI~~ViR~7UVDlOAN A IATION OF ~
FCRT PIERCE a1 Fort Pierce, F~orida, the sum of j }2,9 L2~ with interrsf Irom date af the rafe of 9 9(> per ~nnvm, in monthly insfalM ~
e~~ts as fottows: 5-263. ~ on the 2Ot•tiday of Au9uSt Iq 75_ and a like sum on the ca~esponding day of each monih there- ~
arrer unUl the whole be fully paid. .
Each installment fint shail be appliad 'en paymenf of the interest and then on the unpaid balance of the principal tum. If default is made in the ~
r3~~nent of any i~sraltment when due, and such defautr continues 30 days, then at the option o~ the holder, and without any other notice, all the remaining
~~srailments shall be due and payable at once. Privilege is given to prapay this note in whole or in part sf sny time without penalty. Neither forebearance,
no~ acceptante by the hetder Ihereof after any default in any payment~ hereon, shall be deemed extens~on. A laee paym~nt charge of s~'3. 15 shsll be ~
,dded to rach insraL'ment remai~]rg unpafd 7 days aiter its due date, dnd a like aum shall be added ro each s~ch installment remaining unpaid 7 days aft~~
each succeeding payment dare. ,
~a=h maker, avrety and endorxr he~eof, jantly and severally, wa~ves drmand, presennnent protest and notice of p~otest fo~ ~onpayment, and funhe~
a~rees fo any errension oi r~me of payment, either b~(ore a after maturity, wi~hout nonce to any of us; and to pay all costs o( collection, including a '
;~=.,sonable atromey's fee ~n the event of an~ dciault he~runder, and hereby sevcra:fy waives atf bene~it of hor~eatead artd exemplion under the conathWan
.:•ci !avvs of each State of the United Stares, as against Ihis obligation w any extension o~ ~enrwal hereef.
YY~tness the hand and seal of each party.
S/ Ronald M. Sonoda
cs~?u
S/ Lorraine M. Sonoda
$43.80 ~
State Revenue • ~
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NOW, THEREFORE, the MORTGAGOR for the purpose of securin3 payme~t of said sum of S• ~ and the performance of ths 1
co.ena~ts and agreemenq hereinafter eap~essed, and for divers good and valuable considerations, by these preser+ti, does grent, baryain, sell, remise, ~
r~•,e~se, convey and confirm ymo the MORTGAGEE, its svccessors and assigr+s, alI +hat certain lot, piect or parcel of Isnd, situafe, lying, and beinp in the
County of $t . Lueie and State of Fbr~da, deuribed ~s follows: .
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Lot 11, Block Q, MARpVILLp fiSTqTES, according to the Plat thereof recorded
~n Ylat Book 8, Page 77, Public Records, St. Lucie County, Florida.
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STATE aF F!_.~J F2 i L7 A~ ~ ~NQ~`~M~Q``~~~.
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~ 'ogether with all and singolar the tenemeNS, hereditameots and a rtances thereunto bel ~
Ppu onging or in enywise sppertaininp lhere% and al) renb, iuues.
~ ~•oceeds and profin accruing snd to accrue from ~aid {uemixs, all of which are included in the above and foteyoinp dest~iption and habendum.
TO HAVE AND TO HOtD the above descrfbed and granted premises unto the said MORTGAGEE, iri successon ~nd suigns forever. And ths uid
~ :'.ORTG R fo~ --~h~=---- heirs, executws, sdministrators and auigns, hereby covenants with the said MORTGAGEE, its wutsiws ~nd ~ssipns,
'h3T --~ey are ~awfull sri: of the said ~
y t~ ~~~~s theirP,~; that the iame are free, ckar ard dischsryed from all liens and encwn.
~•ar.ces in law w in equity, and that ey will and lxin shall warrant and defend the title to the s~m~ to the Mid
:'OR?GAGEE, ita sutceuors and ass~gns, forever against the lawful claims and demards of aN persons;
PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE the promistory note hereinbefore described and shall truly, promptly
~-.d f~lly perfwm. d+uharge, execure, comptere, comply wi~h snd abide by each and every the stipulatiwu, agreements, tonditian and cwenanq of said
_•om~sswy note ar~d of this Mortgage, then this Mortgage and the Estate hereby uested shslf cease and be null and void.
IT IS UNDERSTOOD that the wwd "Mortg~gor" whether in the singular or plu?a) snywhere in this Mortgsp~, sh~ll be singulu if one only and
shall be plurol jo~nt(y and severalty if more than one, and that the wwd "their" ~s used snywhere in thts Nlortpage shsll be t~ken to mean "F~is;' "h~n;'
a. "i~s," wherever the contear w implies w adm]ts. Also, that wherever there is a reference in the covensnb and ~greements herein contained to any of
~he par~ies hereto, tFie same shall be construed to mean as well as the heirs, legal repreientatives, succeuws and suigns (either volunNry by scf of th~
~ar:ies or involuroary by operation of tbe law) of the same and that the covenants herein contained sFwll bind aod Th~ lsenefib uw! advanbyp inur~ ~
I •o !he respective he~rs, kgal representatives, successors and au~gns of tfie parties f~ereto.
~ And said Mortgagors, fa themselves and ti~ei. hein, legal representatives, succeuors and assigns, F~ereby jointly and sevenlly covensM and pra~ ~
+o and with the said MORTGAGEE, its successas and suigns:
1. To pay all and singulsr the principal and interest and the various and sundry sums of money payable by virtue of said promissory not~, and this ~
To!tgage, each and every, promptly on the day~ respectively the ume severally becane d~?e.
2. To pay all snd singular the taxes, asussmenn, levies, liabilities, obligatiorts snd encumbrsnces of every nsture ~nd kind now on said described
~roperty, w that heresfter may be imposed, suffered, plxed, levied, a~uessed tF+ereon, w that hereafter may be levied p useaed upon this IYlprtg. ~
age, or the indebtedness sec~red he~eby, esch and every, when due and psyable, sccwdinp to Iaw, before they become delinquent, ar~d befw~ any interest A'
.~•~eches or any penalty is incvrred; AND INSOPAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF ~~~~j
~rCORD AhD THf ORIGthAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AUY ENDORSED ~
OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that a~y thereof is no1 ~
;,a~d, sa?'sfied and discharqed sa:d MORTGAGEE may at any time pay the same w any part fhereof without waiviny a affectiny any option, lien, equify or ~
•~;ht ~nde~ or by virrue of this mortgage snd the full ar.~wint of each and every such psyment shall be immediately due and payable and shall besr interest ,
°~c~ d~,'e ~-~-~o~ ! c~ d~.• rate of nine per centum per annum and togethe+ w~th svch Interest shall be secured by ihe lien of tn s merotage.
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