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MORTtiAGE
THIS MORTGAGE, executed this 16th day of February, 19..$4_._ae F.Grt pi pY'
Florida f>,y JUSTIN A WHITE an DORIS L WHITE his wife*
of the first part. hereinafter called tM Mortgagor. which term as used herein in every irtstana shW indtrde tM Mortgagor's hairs. executors. sdministratore.
successors, legal repesenatiws end aesigrts, Mtdttdirtg all wbaerltraM grantees. either vohrntary by act of tM parties a irwoNattary by operation of law. end
shall darate the br and/or and urine. nstwal 'or artificial the context so re-
auire~ ~ ~t~.mn~ancist~iatona~~a~n
c oort P~erce, 3RSo~uti Sixt Street,
'Fort Pierce, Florida, • b•~rw sssociation• of second part, hereinafter uHed Mortgagee. whidt
term as used herein in every irtstanq shell include tM Mortgagee's wocessors. Neel representatives end assigns. inchrdinp all wbsequent assignees. either
voluntary by act of the parties or involuntary by operation of law.
WITNEiSETH:
THAT for divers good and valuabb rartsideratiorts. and aka to secure the frryment of tM aggregate sum of money named in the promissory note of
even date herewith. hsroinaftsr mentioned. together with interest thereon. and aN other wms of money sscurod hereby a: hereinafter provided. the
Mortgagor doss grant. bargain. seq, alien, remise. teNaw. comrel? and confirm unto tM Mortgagee. in fee simple.
IAI the following bred: IIIElllltmiOO~
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Lot 10 of Block A of RIVER WOODS SUBDIVISION, a s ~~~1 Qjc
Subdivision according to the Plat thereof recorded s~3D
in Plat Book 18, Page 4, of the Public Records of N m}i~
St. Lucie County, Florida. g ~'A
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THIS IS A PURCHASE MONEY FIRST MORTGAGE. ~ .~~~~,#'T~
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yo_=_ a r~rrExr or Tom! +4; ~~Q'~
gns ~ aASS 'c' wTiu~le:stE relsoata~ raePERTr,
~ PYASU11Mi TO fMIIPTfR 71-t34. ACTS OF 1l7L Q .
ROt:ER PORFAS O
aollt cmcar COURT, sT. ftOCiE c0. ~ ~ o i
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181 All buildings. structures, and improvements of every naturo whatsoever raw or heroafter situated on the said property. and sH furniture. furnishings.
fixtures. machinery. equipment. inventory and materials on site. and personal property of every nature whatsoever now or hereafter owned by the Mort-
gagor and located in. on. or used or intended to be used in connection with o~r with the operation of said property. buildings. structures or other improve-
ments. includmg all extensions. additions. improvements. betterments, renewals end replacements to arty of the foregoing: and aU of the right. titb and
+~terest of the Mortgagor in any such personal property or fixtures wbject to a conditional sales contract. chattel mortgage or similar tien or claim together
with the benefit of any deposits or payments now or heroafter made by the mortgagor or on its behalt.
II Together with all end singular the tenements, hsrsditamsnts, eassrttenis end appurtenances thereunto belonging. a in any wise appertaining. and the
rents. iswes, and profits thereof. and abo all the estate. right. title. intertst and alt daims end demands whatsoever. ss wsN in law as in equity. of said
Mortgagor in and to the same, and every part end parcel thereof. and abo specifically but not by way of limitation all gas and electric factures, radiators.
heaters. water pumps. air conditioning equipmenn. machinery. boiNrs. ranges. slwatore end motore. bath tubs. sinks. water chests. water basins. pipes.
~ faucets. and other plumbing and heating factures, mantels, rsfrigsretirtg pbnts and ice boxes. window screens. screen doors. vsnstisrt blinds. nmmices, storm
! shutters end awnings, which aro now or may hereafter pertain to a bs used with. in or on said promises. even though thsY bs detached or detachable. aro and
shalt be deemed to bs factures and scceaoriss to the freehold and s part of the realty.
TO HAVE AND TO HOLD the same. together with the tenements, Itsreditamsnts and appurtenances thsrounto belonging. and the rents. issues and
profits theroof, unto the said Mortgages.
The said Mortgagor hereby covenants with the said Mortgages that tM said Mortgagor is indefeasibly seized with the absolute and fee simple title to
said property, and has full power and lawful authority to ssN, convey. transfer and rtartgsgs the same' that it shah be lawful at arty time heroafter for the
Mortgagee to peaceably and quietly enter upon. have, hold and enjoy wid property. end every pert thereof; that said prapsrty is free and discharysd from ell
Dens. encumbrances and claims of any kind. including taxes and ssssssrnente. except those that may bs set out above or hereinafter: that the Mortgagor will
make at Mortgagor
s expense and at no expense in Mortgagee such other and further aswrentres to perfect the fee simple title to said bred, factures and per-
sonal property in the Mortgages as may hereafter bs required: and that the Mortgagor hereby fuNy warrants unto the Mortgages the title to said property and
will defend the same sgsirtst the lawful claims and demands of all persons w)tomsoever.
NOW. THEREFORE, the conditions of this mortgage aro such that if the Mortgagor shah well and truly pay unto the Mortgagee the
indebtedness evidenced by that certain promissory note of awn date herowith, made by the Mortgages and payable to the Mortgagee in the
principal sum of Twenty Thousand and no/100 Dollars fs 20, 000.00 the final
payment of which is due on 1,. 1995 ~ ,together-with any note or rates hereafter executed by the Mortgagor
hereinby and in accordance with paragraph snccesn of this mortgage as hereinafter set forth and secured by the lien of this mortgage, together with interest as
therein stated, and shall perform, cartply with end abide by each and every the stipulations, agreements, conditions and covenants contained and set forth in
this mortgage and in the promissory note secured hereby, then this rrtortpage and the estate hereby created shall cease and bs null and void.
AND, the Mortgagor doss hereby covenant and agree:
1. To perform, comply with and abide by e~cft and every the stipulations, sgresmsnts, conditions and covenants contained and set forth in said
promissory rate a notes, this mortgage and. H applicable, the ban agreement between the Mortgages and Mortgpor.
2. To pay the indebtedness secured by this instrument and according to the true tenor end affect of the promissory note hereinabove mentioned or
of any renewal thereof, promptly on the day or days the same severally become due.
3. To pay, beforo becoming dslingwnt, all obligations, ertcumbrsnas. taxes. assessments. paving, sidewaNc, sanitary end other assessnnertts. Navies
or liens. raw or hereafter N!visd or imposed upon or against tM mortgaged property. and to exhibit to tM Mortgagee before such taxes. assessments.
Bens and encumbrances bsconra dsHnquent the official receipts for payment thereof. and if the same a any part- thereof bs not paid before becoming
delinquent the Mortgages may.at any time pay the same with accrued interest end charges. if any, without waiving or sfhcting Mortgagee's option to
forecbss this mortgage, or any right Itereuntder, and every payment m made shall bear interest from the date thereof at the highest rate authorised by Iaw
and all such psymertts with interest sfrall be secured by the lien hereof. ~C
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