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THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE OUE UPON MATURITY IS ;
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= 154.152.05 ,TOGETHER WITH ACCRUED INTEREST, IF ANY, ANO ALL AD-
VANCEMENTS MADE BY THE MORTGAGEE UNDER THE TERMS OF THIS MORTGAGE.
BALLOON MORTGAGE
Loan No. 22032666
JEFFREY WILLIAM PRICE A MARRIED ADULT AND GARY B. SCOTT, A SINGLE ADULT
THE UNDERSIGNED,
of STUART ,County of MARTIN ,State of Fbrida,
hereinafter referred to as the Mortgagor, does hereby mortgage and warrant to CITIZENS FEDERAL SAVINGS
AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organised and existing under the laws of the
United States of America, hereinafter referred to as the Mortgagee, the following real estate in the County of
ST . LUCIE in the State of Florida, to wit:
North 150 feet of the following:
Being known as part of Lot 9, in Btock 2, Section 26, Township 36
South, Range 40 East, as shown on map of ST. LUCIE GARDENS SUBDIVISION,
recorded in Plat Book 1, page 3, public records for St. Lucie County,
Florida. Starting at a point being 1260.00 feet Southeasterly of the
intersection of the Westerly line of Lot 9, as described above and the
Westerly R/W of State Road US ~1 and extending thence;
1. Continuing Southeasterly along the-Westerly R/W line of U.S. A'1
a distance of 250.00 feet to a point thence;
2. Northwesterly along a line being at right angles to the Westerly
line of Lot 9, a distance of 700.09 feet to a point in said tine
of Lot 9, thence; -
3. Northeasterly along the said westerly line of Lot 8, a distance
of 221.00 feet to a point thence;
4. Southeasterly along a line being at right angles to the Westerly
line of Lot 9, a distance of 584.18 feet to the point of beginning.
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Containing: 3.26. Acres i
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MORTGAGOR COVENANTS THAT THE PROPERTY MORTGAGED HEREIN IS NOT THE
~ RESIDENCE OF THE MORTGAGOR, NOR IS CONTIGUOUS TO THE RESIDENCE OF
~ THE MORTGAGOR AND tS NOT MORTGAGOR'S HOMESTEAD.
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Together with all buildings, improvements, fixtures or appurtenances now or hereafter erected thereon or placed .
therein, including all apparatus, equipment, fixtures or articles, whether in single units or centrally controlled, used to `
wpply heat, gas, air conditioning, water, light, power, refrigeration, ventiliation or other services, and any other thing
now or hereafter therein or thereon, the furnishing of which by lessors to lessees is customary or appropriate, including
screens, .window shades, storm doors and windows, floor coverings, screen doors, awnings, stoves and water heaters
i (all of which are intended to tie and are hereby declared to be a part of said real estate whether physically attached
thersto or not1; and also together with all easements and the rents, iswes and profits of said premises which are hereby
pledged, assigned, transferred and set over unto the Mortgagee, whether now due or hereafter to become due as provided
_ in the Supplemental Agreement secured hereby. The Mortgagee is hereby subrogated to the rights of all mortgagses,
lienhdders and owners paid off by the proceeds of the loan hereby secured.
TO HAVE ANO TO HOLD the said property, with said buildings, improvements, fixtures, appurtenances, apparatus
and equipment, and with all the rights and privileges thereunto belonging unto said mortgagee forever, for the uses
z. herein set forth, free from all rights and benefits under the homestead, exemption and valuation laws of any state,
which said rights and benefits said Mortgagor does hereby release and waive. j
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