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~~1fP pf ~j01't~1M MOItTGAGB DBBD ~ - I~.OO
46447 - ~S
St_ T.ucie ~ppgZl~ ~s ~ .
a., . b s
TH1S MOR1'GAGB Made Thb 17th day of NQVelnher , !9 79 ,
by and between John Edward MCJOrie3 and
Dollie McJones wife of
St. Lucie County, st.te of Florida , herelaafter whether one or more called the "Mori-
gagoc'. hss become justly indebted to Florida Vinyl Distributors, Inc. of
Hillsborough Courtly. State of Florida , heeeinafter celled the "Mortgages". In the sum of
Three Thousand Nine Hundred and 00/100--------nnl,l,,~~(= 3900.00------- )
evidenced by One promissory note o[ even date herewith in the total amount set forth above. payable
in 120 enonthlylnsteumentsinthesumof Sixty Five and 00/100---------------
DO~g nn__ ),t,~t Qayment Onmmept:ing op the 10th day of January ,
} 1 ~.~..t_• -
I9 Q___ . apd conttnuing on the same day of each awnth thereafter untU fully paid, together with late charges of five (5) cents per 51.110
on each inataUment not paid within ten (l0) days of the due date. but not exceeding the lawful maximum, and taterest after maturity at the rate
of 10% per annum.
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NOW. for and in oonitRl~Yatbn of the aforesaid indebtedness end to secure the prompt payment of the same. Mortgagor has bargained and
sold sad dose hereby grmt. bargain. sell and convey unto the said Mortgagee, his successors and assigps, the following described lot or parcel
of land situated in St. Lucie County. State of Fbrida. to wit:
Lot 2, Pinar Subdivision, Unit 3, according to the plat thereof as
recorded in Plat Book 15, Page 22, of the Public Records of St. Lucie
County, Florida.
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- ' + ' Ous On Class C 1
` ' - - r a _ " - - , = • ~ ~ ~ ~J. 8 ~ ~ ntargibb Personal PrtlperiY
- : <'; ~ • ~ °~rsuaM To Cttaptar 71 ~ 134. Acts Or' p?t, e
ROGER POITR/1S
' r~ Cit'QUit Cow` St t,ucia, Co..
F1~i.~
Together rt•ith all rights. membees. privileges. hereditaments. easements and appurtenances belonging or appertaining. Mortgagor hereby
covenants aid warrants to the Mortgagee. his heirs. successors and assigns. that he has a fee simple title to said property. free from all ep-
cumbrances except:
j J. T. Steward Mortgage Company, Inc. assigned to:
~ FFSL of Homestead, Pennsylvania
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3..
TO HAVE AND TO HOID all and sin War the afore ranted and ba ained remises? unto the Mort ~ U N :,007
g g rK p gages forever. provided always that if
the Mortgagor shall and wW pay to the order of the Mortgagee. according to its tepor and effect, that ceris[n promissory note of even date
herewith and secured hereby and any other sums which became owing by the Mortgagor to the Mortgagee prior to cancellatiop hereof. then
th[s mortgage shall cease. terminate and be wM. otherwise to remain in tali force and effect.
The Mortgagor agrees end covenants to pay aD taxes and special assessmeelts against the property and agrees to pay all taxes levied under
the laws of this Slate on the Indebtedness secured hereby. Mortgagor further covenants and agrees That he wW at all times until the release of
this mortgage keep In force a policy of insurance on that portion of the mortgaged property which is insurable covering loss and damage by
fire and the other casualties covered by the usual comprehensive casually Insurance policy. Such policy shall be with an Ipsurer acceptable to
the Mortgagee. in an amount not teas than the balance owing upon the indebtedness secured hereby. with loss payable to the Mortgagee. In the
event of lose. Mortgagor shall give immediate notice by mail to the Mortgagee. who wW make proof of loss if not made promptly by the Mort-
gagor. and each insurance company concerned Is hereby authorized and directed to make payment for such loss directly to the Mortgagee in-
stead of to the Mortgagee and Mortgagor jointly but. Ip the event any payment is made jointly. Mortgagor hereby authorizes Mortgagee to en-
dorse his name on any check. draft or money ceder as his attorney-In-fact. Upon payment for loss. the Mortgagee may at his sole option apply i
such proceeds to reduce the balance of the indebtedness. or to restore the mortgage property. In the Event Mortgagor shell neglect or refuse to
obtain said Ipsurance or pay any taxes when due. then the itiorigagee may at his sole option obtain such insurance or pay all such taxes or both. 1
~ and alt sums ex piled therefor are here secured `
t pe by by tide morigeae and shell be due immediately from Mortgagor to Mortgagee with interest
ae the rate of 10'14 per annum from the date of payment by the Mortgagee until paid.
The Mortgagor agrees and covenants that be will maintain the mortgaged property Ip good condition and not to commit or to perenp anyone
else to commit waste. reasopable wear and tear excepted. Upon the tailors of the Mortgagor to so maintain the mortgaged property. the Mort- ~
gages may cause reasonable malptenance work lobe performed at tM+ cost of the Mortgagor. My such sum so expended shall be due immediate-
ly from Mortgagor with interest at ibe rate of 10'14 per annum from the date expepded until paid.
The Mortgagor hereby vests the Mortgagee with the full power end authority. upon the breach of spy covenant or warrant herein contained.
or upon any default In the payment of any ipstallment provided in sold pots or any renewal or eztensbn thereof. or in the performance of any
agreement herein contained. to declare the entire indebtedness hereby secured Immediately due and payable. without notice to an rsop. to :
proceed to foreclose this mortgage in acooedance with laws of this State. B~~ P~
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