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~t~te Df ~lttrtd~ MORTGAGB DBLD
St. T.t~c i e (~puglq 4''70522
THIS MORTGAGt: Made Tbts 17th day of NOV -mhPr 19 ~Q
by .nd between George Rile/ Woodv ana
Emo Jean Woodk _ Na yj; fa of
St . Lucie county, State of F1 nri da _ ,hereinafter whether one or more called the "Mori-
gegor", has become justly Indebted to F1 nr i da V i n,~, n i ct r1hL1tAX'ti-, I3lC. of
H i 11 sbo rough County. State of F 1 p i da , hereinafter celled the "Mortgage.:". la the sum of
Five Thousand and 00/100--------------------- ~t.1.Alts Is son~.n0--------- 1
evidenced by One promissory torte of even dste herewith In the total amount set forth above. payable
in 120 moat6ly installments in the sum of Elght~r Th and '1'31 OQ-----------------
DOLLARS (i 83.33--- t, the first payment commencing on the 20th day of Tan t>
ark/
19 80 .and continuing on the same day of each month thereafter until tally paid, together with late charges of five 15) cents per Sf.00
oa each installment not paid within tea 1101 days of the due date, but not exceeding the lawful maximum. and interest after maturity at the rate
of 10% per annum.
NOW. for and In consideration of the aforesaid indebtedness and to secure the prompt payment of the same. Mortgagor has bargained and
sold and does hereby grant. bargain. sell and convey unW the said Mortgagee. his successors and assigns. the tolbwing described lot or parcel
of land situated In St •uGi e County. Slate of Florida. to wit:
The North ~ of Lot 5 and all of Lots 6 and 7, Block 1, Amy Anna_ Park,
according to the Plat thereof as recorded in Plat Book 4, Page 72,
of the Public Records of St. Lucie County, Florida.
Received e ~ " ' " ' In Psyrtttttnt Ot TitittAf
Oue On Class "C" IntanpibbPersonstprt>pMty,
pursuant TO Chapter 71. 134, Acts Oi'8a1.
ROGER POITAAS
mars Circuit CouR, SL LaiN~. CO., F>i.
'i .
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j Together with all rigi:ts. members. privileges. hereditaments. easements and appurtenances belonging or appertaining. Mortgagor hereby
covenants and warrants to the Mortgagee. his heirs. successors and assigns. that he has a fee simple title to said properly. free from all en-
cumbrances except:
.
Abmi'listr~.tor of Veterans Affairs ~ ~ ~
TO HAVE AND TO HOLD all and singular the a[oregranted and bargained premises unto the Mortgagee forever. provided always that if
the Mortgagor shell and will pay to the order of the Mortgagee. according to its tenor and effect. that certain promissory note of ec•en date
herewith and secured hereby and any other sums which become owing by the Mortgagor to the Mortgagee prior to cancellation harm(. then
this mortgage shell cease. terminate and tre void. otherwise to remain in full force and effect.
The Mortgagor agrees and covenants to pay all taxes and special assessments against the property and agrees to pay all taxes levied under
the laws of this State on the Indebtedness secured hereby. Mortgagor further covenants and agrees That he will 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 co~~erinR loss and damage by
fire and the other casualties covered by the usual comprehensive casualty insurance policy. Such policy shall be with an insurer acceptable to
the Mortgagee. in an amount not less than the balance owing upon the indebtedness secured hereby. with loss payable to the Mortgages. In the
event of loss. Mortgagor shall give Immediate notice by mail to the Mortgagee. who will make proof of loss if not made promptly by the Morl-
gegor. 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. in the event any payment is made jointly. Mortgagor hereby authorizes Aiorigagee to en-
dorse his name on any check. draft or money order as his attorney-in•facl. Upr?n payment for loss. the Mortgagee may at his sole option apply
such proceeds to reduce the balance of the indebtedness. or to restore the mortgage property. In the event Mortgagor shall neglect or refuse to
obtain said insurance or pay any taxes when due. Then the Mortgagee may at his sole option obtain such insurance or pay all such taxes or troth.
end all sums expended therefor are hereby secured by this mortgage and shall be due immediately from Mortgagor to Mortgagee with interest
at the rate of 10'x. per annum from the date of payment by the Mortgagee until paid.
The Mortgagor agrees and covenants that he will maintatn the mortgaged property in good condition and not to commit or to permit anyone
else to commit waste. reasonable wear and tear excepted. Upon the failure of the Mortgagor to so maintain the mortgaged property. the Mort-
gagee msy cause reasonable maintenance work to be performed at the cost of t? a Mortgagor. My such sum so expended shall tre dos immediate-
ly from Mortgagor with interest at the rate of 10'i pet annum from the date expended until paid.
The Mortgagor hereby vests the Mortgagee with the full power and authority. upon the breach of any covenant or warrant herein wntained.
or upon any default In the payment of any installment provided said note or any renewal or extension thereof. or In the performance of any
agreement herein contained. to dectere the entire indebtedebA I~r~r secured immediately due end payable. witah~outt notice to any person. to
proceed to foreclose this mortgage in accordance with laws of thts State. e~~~ 'w~~~