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. MORTG~GE , . J . .
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THIS MORTGAGE is ~nade this -5.~h___ . _ _ _ day of ~~u~' ~ b_ ~
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bct~~-ccn thc Mortgagc~r, . R&y~tond--H.-~1'a~b4eerter~,. _ a_singl~ ~erson
- - - - ( herein "Bc~rrower" )
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and the ~T~rt~agee, Indian Ri~~er Federal Savings and I.czan Association, a corpc~ration organized
and existing uncler thc~ laws of the United States of America, ~vhaec address is Vero Beach, Ftorida ~
! herein "I.ender" ) . ~
`~~}IF.RSAS~ Borrower is indebted to Lender in the principal su~n of Thirty thousand and
00/1Q0 . Dollars, which indebtedness is e~fide~iced U~• Borroa~~r's tiot~ uf even
date )ierewitli (herein "Note"), providi~iq for monthl}• installmcnt~ of pri~ici~;al ~n~l interest, v?itl~
tlie balance of the indebtedne~s, if not sooner p:iid, due a?ncl ~?ayable on Februaary 1, 19~1 ;
To Sec~~KE to Lender (a) the repayment of the indebtednes~ evide~nced b~• the 1otr, ~~•itl~ ii~t~r~~l
thereon, the pa~ment of all other gums, with interest Ih~reon, aci~~.~need in accordanc~~ lier~~with to
protect thc~ securit.y of this riort~aqe, :ind tl~~ performance of tlir con~•en~u~ts .~nd t;rreen~eut~ of
BorraHer herein contAined, and (1~) the repayn~ent of siii~• future acl~t~nces, H~ith inter~st thereon,
n~aile to Borrower b~ Lender pursui~nt to ~~xra~rapL 21 l~ereof (l~erein "Future Ach•iuices"),
Rorrower does liQreb~ mortna~e, ~rant and eo~ivey tu I.ender the foiloH•iu~ clescriix~cl ~n•o}~ert~-
located in tlie Count~~ of St. Lueie _ , State of Floriclu:
'I'he north one/half of Lots ~ and 5, Block 3 of J.S. Keen~s Subdivision
~.s per plat thereof on file in Plat Book 1 at page ~l of the public records
cf St. Lucie County, Florida.
and
',ot 5 of Block 2 of J. S. Keen's Subdivision as per plat thereof on ~
=ile in P~at Book 1 at pa.ge ~l of the public records of St. Lucie ;
~'ounty, Florida; Reserving however, an easem~nt upon and over and possession ~
of a strip of land of said lot 5 bein~ six feet in width and 75 feet in ~
?Lngth, extending from the north line of said lot five, ?5 feet south, ~
a.nd extending from the East line of said lot five, 6 feet west for right-
of-way for drive way for such period of time as the residential building
r~ow located on lot BTock 2 of said Subdivision sha11 stand or ~ntil
thz same sha11 be torn down or removed. Said lot and said building ~
; now being the property of Vincent DePaulo.
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E usE uNLY L ~i '~S l 3- L L O I'~.`C,Y~~O ~
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~ Ta;KT~ie~: HitL ~~ll the imprm•eme~its no~r oi• hereafter cr~cted on tl~e prope~•t}-, ~ind all easements, ~
ri~l?t>, appurtenances, reuts, ro~~~lties, mineral, ~?il .uid ras ri~hts and in•ofit~, ~~•ater, Hater ri~hts. ~
and ~~-ate?• stoek, ~~nd all fixtures no~c or hereafter attacheci to thc~ p?•opertr, all of ~~hicl~, includi~ig
replacen~ent~ ~nd a~lditions tLereto, sl~ali be deemed to h~~ and remain a part of tl~e propc~rt.~~ co~ered ~
ln- thi~ ~tort#;a~e; and all of the f~,re~oin~, to~:ethc~r N•ith said pr~pertr (or the le~~el~old estate ~
in the e~•~nt this ~fort~.~r~ is c~n lc~aseholcl) :ire hc~reiu r~~f~rred to as the "Propert.-". ~
~ Rorrower ca~-enants that Rorrow•er is ln~~fiilh• seise~i ~f th~ estate hereb}• con~•e~•ed and has tl~e
ri~ht to n~ort~a~c~. ;?rnnt ~n~l c•~~nr~~- the Propc~rt}~, th:~t th~ Propert.}- is uneneumberec~, ~nd that ~
~ Borrower will ~varrant and def~n~l ~enc~rail~• th~ title to ti~e P~'Oj)('Tt~' :1~'AII1St all ~laim~ and demands, j
~ subject tu any erise~uents .tncl rr.~trictions listecl in a ticheclulr of ~sce~~tions to co~era~e in an~~ titic~
~ insurance polic:~• in~urin~ Lender's intere~t in thc• Propcrtt•.
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' IINIFORbf COVENANTS. Borro~vei• :~nd Lender co~~en~nt and agree as follows:
~ 1. Payment of Principal and Interest. Borrower ~hall promPtJy pay when due the principal of and intereat
~ on the indebtednes~ evidenced by the Note, pre~~ayment and late char~es as provide~l in the Note, and the princi-
~ pal of and interest on any Future Advances secured by this \iortRagc.
~ 2 Funds for Taxes and Insur~ce. Subject to I.ender's option under paragraphs 4 and 5 hereof, Borrower
~ shall pay to I.ender on the day monthly install~nents of ~~rinci~r.?1 and interest are nayable under the Note, until
the Note is paid in full, a sum (herein "Funds"1 e~ual to one-twelfth of the yearly taxes and assessments which
may attain priority over this'.~fortgage, and gmund rents on the Property, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, ptus one-t.welfti~ of yearly ~iremium installments for mortgage insurance,
~ if any, all as teasonably estimated initially and from timc to timc h~ Lender on the basis ot assessments and bills
~ and reasor.able estimates thereof. The Fund~ :~l~all I,c he1~1 in an institution the deposits or accounts of which are
FLOAIDA-~.Ma-~ziti-t ~o s Fa~b p •
BOOK ~4~ FAl;f i7~
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