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ments es ilowi: on ~he - dey of 19_ and a I~ke sum on the rratpond:nfl day of each th there-
after until whole be fuily pa~d- t• i
Each i tallment fint shall be appi,ed in pay nt of ihe imerea~ and thrn e thc unpaid batance of the pri sl sum. If defaulf is m in the
payment of an instaltment when due, and svch deFa continues 30 days, then.p~ t optwo of the holder, and wi~ho eny other notice, all the maininp
instalimenfs th~l due end payable at o~ce. Privile is give~ to prepay th~s nofe i whole w In part at any time wit ou~ penaNy. Neither fwe arance,
nor acteptance by Iwlder thtreoi aiter any defau~t in ny payments hereon, shall deemed ertension. A late paym t tharge of s_ II b~
ad~ed to each insta ent ~emaining unpa.d 7 dayi af~e~ ~ dus date, and • like •um s II be ~dded to each such initall nt rernaining unpsid 7 d~ s ~ftet
each su~ceed~ng pay nt dare.
Eath maker, sure and endorser hereol, jcintty and s verstly, waives demand, pres tmmt protest and notice oi pro st for nonpayment, and rthet
agrees to eny extensan o ti~»e of payment, either before a a r ma+urity, wirhoul not~ce any of us; and to pay all ts of coltection, incl a
reasonable attorney's (ce ~ the event of any drfautt hereunde and hereby seve~ally waive a~l benefir of home~~ead and e~*+ption under the toe~sti ion
and laws of each Sute of t Un~red S~ates, as sga~nst thii obGg ion w any extension or ro wsl hereof.
VYitness the hand and s I o( each party.
~
_ (
(SEA
ISEA~I
~ 1 Stnte._Rwwue
;Shwy+F..taoGelled on ajajnel note)
NOW, 7HEREFORE, the MORTGAGOR for the p~rpcse of secunng paymem of said s~m ot S_ , a~d the perfwmance of fh~
covenants and aflreements hereinaftei
expressed, and for divers good and valuabie cons~derat~ons, by these presents, does yrsnl, bary~in, sell, remise,
retease, conve~ and confi~m uMO Ihe MORTGAGEE, ~ts succeswr~ and ass~gns, ail :hat certain fof, piece w parcel of land, sitwte, lying, snd beirg in t1w
Covnty of SL Lueie , snd State of Ftor~da, desuibed as fotlows:
s
~
Lot 7, Block 116, PORT ST. LUCIB SECTIAV 27, according to the plat thereof on file ~
in Plat Book 14, Page 5~ Public Recozds of St. Lucie County, Rlorida. ~
a~'p;~ s.-~ o .
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By agreeaent of Mortgagoz and Mortgagee on file with Moztgagee, ~
the within ~oztgage secures not only an existing indebtedness, ,
but also ADVANCFS to be HBREAF7BR oade by Mortgagee to Moztqagoz,
the aggregate of which will equal the principal a~ount apecified
in the proa~issory note secured hereby.
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i _ ~ . ~ - • DiJE ON CLASS 'C ilIfNlGt~IE `~t .l•. •o0f4tiY~ ~
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i s- ` ~ p1)R9t1AAT iU CHA:'F0 1t~133. AC1S ilF 1s11.~~
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- togetF~er with all and singular the lenementf, hereditament~ and appurtancea lhereunto belo~yiny w in anywise ~ppertainirg thereto, ~nd all rents, isiuq,
~ proceeds ~nd profits accruiny and to scuue from said premises, all of whicfi sre irxluded in the abow ~nd fweqoirg destription ~nd Mbendum...
` TO HAVE AND TO HOLD the •bov~ dexribed and yranted prcm~ses unto tFw said MpRTGAGEE, itt sutceswrs snd auipns fweva. Md th~ Nid
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~ MORLCaAGOR fw - heirs, executws, administr~to~s and ~ssigns, Fxreby covenants with the s~id MORTGAGEE, its wcuuors ~nd ~stipnb
~hat tt1ey-are fawfully se~zed of the said prem~ses in fee simple; tAat the same are fr~e, c{esr ~nd d~xharQed from ~II liens and ~ntua?
bfa~ces in t~w or in cquity, and thar
th_~___ w~11 srxi _thl1Z heirt ~hall warrant ~rd dtfend ti~ titl~ to the sam~ to the Nid
MORTGAGEE, ita succcssors and auigns, fo~ever ~g~inst the lawful claims ~nd demands of ~II persons;
~ PROVIDED, AlWAYS that if the VIORTGAGOR shall pay unto the MORT6AGEE the promissory rate hereinbefwe described ar~d shall tr~ly, promptly
~ end fully periorm, d~scMrge, execute, complete, corr~S ~ith and •b~de by each and every tMe stipulatans, ~yreemenq, cond~~ia+s •nd cov.nann of sad
oromissory note and of this Mortgage, then this Mwty~e and the Estate hereby c~eated sMll cease a~d b~ null snd void.
F IT IS UNOERSTOOp that the wwd ••AMrtysga•• whethcr in ths sirqular or plvral anywhere in this Mortya~~, shall bt sinyvlar if on~ only and
ehall be plwal jointly ~++d ~av~r~lly if more than one. ~nd that the word "their" es used anywher~ in fha Mortysy~ sMll be taken ro m~an "h'q,•• •'h~n••
f or "iri;' wherever fhe context w implies o~ sdmits. Also, that wlierever there is a referente In t1~e covenants and spreemenb hertin tonbi~ed to w~y of
; ,T, ~ the parties hereto, the s~me ~halt be constroed to mesn as well as the heirs, ky~l npresentatives, svcc~ssors ~nd assiQrn (either voluM~ry by ~cf of t1r
~ ~ v P~rties w involuntary by ope~ation o/ the law) of the same and that the covenants herein contained sMll bind and tFw b~nefi» and advantap~s kwr~
,c ro the respectivt heirs, leyal representatires, tuccestws and ass~gns of the parlies hereto. ~
's ~ And said N4ortpaport. (a themxlves and their h~irs, legal repreaentativss, wcce~son and assigr», hereby jointly ~nd itv~t~lly cov~n~nt and ptN
% ~ to ~nd with tM ssid MORTGAGEE, ~ti successors ~nd ~ssi9ns:
~ 1. To pay all ~nd tirq~lar the princip~l and in~e?est and fhe varaus and sundry sums of money paYabk by virtve of uid promiawrr not~. ~nd thu
~ z mortyape, each ~nd every, promptly on the days ?e~pectively the same sevar~lly becarw dve.
~ y 2. To pay ~II snd sinpul~r the taxes. ~ueumenn, levies, li~bilities, obliysrioro and encumbance~ of w~ry nstw~ ~nd kind now on s~id dNCr~d
~ p.op~rty, w tMt hsreaft~r may be ~mpos~d, sui(tred, plxed, levied, or •stsued therwn. or that hcre~fta may be levi~d a nsaud ~rpan thi~ Mott¢
: +ye. w tlw indebtednea securcd hersby, exh and wcry, when due ~nd p~y~ble. ~ccadinq to I~w, befw~ th~y becomt d~linqwm, and b~fon ury inNnst
~ Nattathes w any penalty is incurred; ANU INSOFAR AS ANV THEREOF IS Of RKORD THE SAME SHAIL 8E PROMPTLY SATISf1E0 ANO ~ISCHARGfD Of
~RECORD /1ND THE ORIGINAt OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1AUY ENDORSED
~`~R CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; a~d in tFw ev~m that any tl~enof k~wl
i ps~d, s~f'sfied and diicharged sa'd lNORiGAGEE may a/ any time p~v the ssme w any part ~hereof without wsiv;rp or affectin~ any opteon, Ii~n, equity w
•~pht unde~ w by virtvs ef this mortgage and the full amou~t ol each and every tuch payment"ihail be immediatsly dve and pay~blt ~rd shall b~u k?tNqt
_ ~•om the date thereof ~ntil paid ar rate o1 n~ne per cent~m per ann~m end toye~he~ w~th such iMe?est ih~ll b~ secured by the lien of th:s morytapt.