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iH15 INDENTURE, Mad. the 1 g th day o{ L' ` tAltihE T~ _ A.D- 19_~ be?ween
T
• RonAld L. Courtnev and Jacquelyn Courtnev. his wi£e _
of St• I-~tl~%ie Counry Flaid~, her~inatt~r d~~ig~~red aa the "MORTGAGOR;' and fIRST FEDERAL SAVINGS A^ID IOAN
ASSOCIATlQN OF fORT PIERCE. a caporarion wganized and existiry w~d~r fM laws of ths United St~tK of Am~ric~ uid Mvirq it~ principal plac~ of s
bui~ns~s in tM City of Fwt Pi~+ce, St. lucie Covnly, Flaida, haeinaf~er deii9~aiad +e tM "MORTGAGEE:'
WNEREAS ~hs MORTGAGOR is jv~tly indebted to 1M MORTGAGEE i~ the sum of S.~z.R ~'~~~Q~ good ar+d lawtu{ monoy ot the Un~tcd
S~ares advanced by the .Y10R1GAGEE unio the MORTGAGOR, as evide~ced by a certain prom~uory note of even date herewi~A, af WAi:h ths tolbwinp in
~wo~~QandO~goeooa true copY, to-wit:
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s J~3 .
- ~ Fa~ P~N~e, F~«~a., Sep tembc~r 18 ,v~_
Fa value ?eceived. 1, we w eifher o( us, pro.m~pise top pay. vvitfiout dcfatcation, ~o the order of FIRST FEDERAI SA(VINGS ANO IOAN A$SOCIATION OF
~:)RT PIERCE at Fo~t P~+e~rce, ~Florida, thc sum of S-L-.l-}~]Q-Q~Q~--- w+th inte~cs? from date at the rate of J~I~ per annum, ie m.~Mhly install-
rts as fo~!ows: S 2-~-1!`!0 o~ the ~thday of Deee~er ~9_~ ~nd a Gks sum on the cwrespond~ng day of each month therr
i~~cr until the whole be fuliy pa~d.
Each ins?allment first shall be applied in paymem of the interest and then on the unpaid balence o1 the p~i~upal sum. If default is msde in fh~
E ~yment of any instailment when dve, and such defaul~ co~r~nuea 30 days, then at the opt~on of the holde~, and wilhout any other not~ce, all tl+e remaining
~~,s~atlments shall be due and payabte at once. Privileye is given to prepay this noto in whole a in part at any t~rt?e without penslty. N,eit,her ^fo~rebeaant~,
nor acceptance by the ho~der thereof after any defaulf in any payments hereon, shall be deemed extension. A late psymenl tharge of fl.i~7-. sha~~ be
added to each installmenl rcmain~ng unpa~d 7 days after its due date, and a Gke sum shall be added ro each such installment remaininp unpaid 7 days after
each succeeding payment date.
Each maker, surety and endorsen c~~eol, jointly and seve~aNy, waives demar.d, presentment protest and notice of protest fw nonpayment, snd further
~~rees to any extension of t~me of payment, either before w after maturity, without nor~ce to any of us; and to pay all costs oi collection, includ~np a
~.~~sonable airorncy's fee in the evem of any defautt hercuoder, and hereby seve.ally waivcs a~l benefit of homestead and exe~nplion uodar 1fia canstitutan
~~d laws of each State of ~he United 5lates, as againat this obf~ga~ion p any exter.s~on w renewal hereof.
Witness the hand artd seal of each paity. •
~ ~ ~W
s I onald L. Courtney
ts~w
s Jacc~uelvn W. Courtnev ~
j_ j~~~~~.C _~lcStayte Revenve
lvRmQ~~~•AT A'~Aa~Ifi~ ~.~q .
NOW, THEREFORE, the MORTGAGOR fa the purpose of securing payment of ssid sum of i~-'~800•~~ ~nd the perform~ncs of th~
covenants and sgreements hereinaiter expressed, ar+d for divers good and vsluabk considerstions, by fl~ese prese~ts, does grant, ba?ysin, sell, remise,
1~ ~.,..v'Y c.x.f:.r.. u~to fhe MORTGAGEE. its successo~s and sssi9ns, all that certsin b1, piece or pucel of land, sitwte, lying. ~nd beiny in the
v~ -
~ounty of St Lueie and State of Fbrid+, described as follows:
~ Lot 21, Block 22, RI V~'R ^ARK, iTNIT 3, according to the plat thereof
c~
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on file in Plat Book 10, Page 30, public records of St. Iucie
~'~t
~j County, Florida ~
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! By agreement of riortgagor and r'ortgagee on file wi th Mortgagee, the
~+1 within mortgage secures not only an. existing indebtedness, but also
' ~ ADVANC'=S to be N~'R~A~'TF~ made by I~'.ortga~ee to h'.ortgagor, the
j~'~ aggregate of which will equa2 the nrinciral amount specified in the
j ~ promissory note secured hereby. ~
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~ r> N ST~TE oF FLOFt,p~,. 1 ~t~
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W y ~,Z nsJtUMENTAR`'~-- STAA~1 i~ :1=?: j ~
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~ o - ~~fl~. ~F r~~vEnuE - - ~ ~y~~y ~ ,~t pF ,ynmC
t*! _ ~ a~ ~ V~A Yw ~ RO l~-1~ ~
< ~ ~ = ~e. = xT ;s ~t _ d 3. 2 0 1 w~ ~0 ~ , ~o~r*+~~
. ~Gt+E FIJ?.
o = i : ~ P? • ! ~G WC1E
....nuT C~JRi~
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~ }ogether with sll and singular the tenements, hereditamenri a~d sppurt+nces thereunto belonging w in ~rrywise +ppert~inirg 1Fwrelo• and all rents, issu~s,
~ proceeds snd profits accruing and to acvue from said ptemises, all of which are intludeJ in the abov~ snd fots~oirg dtatription and Mbtndum.
~ TO HAVE AND TO HOI~ the above described and granted premises uMO the said MORTGAGEE, iri woceuws and +ssgns foreva• Md t!w wid
~ ~'.ORTGAGOR for *r r--- he~n, executas, adm]nisaatws and sssigns, hereby covensnts with the sald MORTGAGEE, it~ succ~swrs u~d +ssipns.
~ rh~t -~--?y--8rE---- lawfully seized of the said premises in fee simplr, that the ssrr» us frae, ckst and dixh~r~ed irom dl I'~ens and ~ncum~
t.ances in law or in equity, and that~~ will snd th P i r hein shall warwm and defend tM titk ro the s~rtw ro the said
" :~.ORTGAGEE, its successors and sssigns, fwever against the Iawful claims md demands of ~II perwro;
~ PROVIDED, ALWAYS that if the IVLORTGAGOR shall p~y unro the MORTGAGEE the promiuory note hereinbefa~ desaibed and ~h+ll truly, promp~lr
~^d Eutly pzriorm, d~uharge, executc, compkte, comply with ~nd abide by exh snd every ihe stiput~tions, agreements, conditions snd covenaMS of s+d
urom~asory note and of this Mortgage, then this Nlwtg+ge snd the Estate hereby ueated iMll ce~se and be ~ull +nd void•
~ IT IS UNDERSTOOD that the word "Mortysgw" whether io the singvlar a plwal ~nywhe~t in this Mortgaye, ~hall be s'a+yulu if o~e onllr ud
:hall be plurd 'p'~ntly snd severslly if more than one, ar+d that the wwd "their" ss used ~nywhere in this Mort~s~e th+ll be t~ken to mssn "his;' "htn,"
~ cr "irs;' wherever the context so implies a admits. Also, tMt wherever there is s reference in the tovenan» and ayteerntnts hettin eontained to My of
rhe parties herao, the same shall be construed to mean as well as the hein, tey~l represent~tiva, ~uccesson ~nd auiym (eitMr volunury by ~c1 of tM
oarr~as a involumary by operstion of the Isw) of the ssme and that the covenants herein contained shall bi~d +nd rhe ben.fin and advnray~s i~x,r. ~~V
ro tfie respective heirs, kgal representativei, tuccesson ~nd au°gns of the psrt~es lxreta •
And said Mutgagors, for themselves ~nd their hein, leyal representstive~, suaessors N+d assi~ns, hereby joinNy and severally cov~n~nt and ayr~e
~ ro and with the said MORTGAGEE, its successors snd auigro: '
1. To pay snd iirgulsr the principal and intereit and the var'w~s and wrxlry sums of money pay~ble by vi?tue of said promiuory nott, ud thb
R,ortgsge, eac!? and every, promptly on the days respectively the ssme severally becan~ due.
2. To p+y all ~nd tirgvlu the taxes, auessmenb, tevies, liabilities, obligatiaa ~nd encumb~ances of wsry n+h+r~ u~d kind rww on s+id d~wi~d
prop~rty, a thst F~ereeftsr may be impwed, suffered, pl~ced, kvied, w assessed thereon. p ffist here~ftN m~y b~ kvied a asiessed upon this Morq~ ~
age, or tl~e indebted~ess ~ecured he?eby, e~ch +nd every, when dw and p~yable, accordinp ro I~w, befor~ they becarw delinqwnt. ~nd befon +~ryr interat
artaches or sny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII BE PROMPTIY SATISFIED AND ~ISCHARGED OF
RECORD AND THE ORIGINAL OFfIC1Al DOCUMENI (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SAi15fACT10N PAPER OFFICIAItY ENDORSED ~
OR CERTIFIEO) SHAII BE VLACED IN iHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~nt that ~ny fl~ereof is nW
~ ;;a~d, set'sfied and diuharged sa`d MORTGAGEE may at any iime pay the same or sny part thercof withovt wsivi~g or affectin~ any optan, lien, equity or
.~aht under o~ by virtue of this mortyage and the full smpunt of each a~d every wth payment shsll be imnediately due and payabk and thsll bear intaest
~ro~, ~~e da}e thereof ur.ni oa'd a~ rare of n~ne per centum per ~nnum ~nd toqe~hsr w~th such interest shall be secured by the lien of th's morgtage.
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