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THIS INUENTURE. A1ade rf~e____20th diy of r~a~_~- ' _ A.D. 19_?s_, bchveen
_ _ G~_orcle C~_ Sm~th and Joyce IC~__Smith~_his wife_~ T~_^___
of S~s_j,~11S21Q____, Counly Florid~, hercinafter des~~~»rd as tl+e "A.!ORTGAGOR," and FIRST. FEDER~IL SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporatlon oryanized and exiStinq unde~ Ihe 1.;•r:s d1 Ihe United Stat~s of America and having its principal plata of
business in ~ha City of Fort Piarca, St. lucie Cevniy, florida, herein3(t~r design~ted as iha "h10R1GAG[E:'
WHEREAS the h10RTGAGOR is justly indclitaJ to thc A10RiGAGEE in the s~~~, ~t i~-s600~.00________ 9ood and Ia~vful money of the Un~ted
States advanced by tha MORIGAGEE un~o the A'AkiGAGU^n, as cc~de~tc•~d 6y a cena~n promissery notc• o( even date herev.•~th, of ~f:hlch Ihe follo~i~~g in
words and figures is a true copy, to-wi~:
= 11 ,G(?0.00 _ " ~0 10021357
' Fort Pierc~, florida, ~ ~~aY 2O lq 75
For va;ue reteived, I, ~~c or eithcr of vs, E~romise to p~y, ti~;ihout def~ic•~tion, to ~h< order of FIRST iE.DERkI SAVINGS AND lOA(~ A$$OCIATION OF '
fORT PlERCE al Fcrt Pi~:ce, (lorida, tf:e svm of S_11 ~6~~~00_-___~ ,v~ti~ ~ntarest fran J.~tz at rhe rate of9~0--~~ Pet annum, in monthly install•
mznts as iof!ows: S-1.OS*OOl._ on th~2~h day of `Tul~`_._, 1975 _ and a like sum on thz correspond~ng day of each moMh there- '
after until Ihr ~vhole !~r fully ~~aid. ~
Each installment f~rst shatl 6e applird in pe~m~nt oE the iNerest and fV,en en !F.z unpaid balance of fhe princ~pa) sum. If da(avlt is made in the
pay,nent of any i~is~a~tment .vhen due,-and such drf.~ult continves 30 days, thcn at the option of the ho:drr, and ~vithout any other notice, all the remaining -
instaltment: shall be due driCl ~:dy3b~C 3t Ol1CN. P(iViIGJE is given lo ptep3y thi5 nofe in ~vhota o~ in aart at any time without penalty. Neither forebearance,
nor accrptance by ~he ho'd~r thereof aft~r any d.:favA in any payments hereo:~, sfufl E;e de~med exten:ion. A la!e payment charge of S5~2S-, shall be
aJd:d ~o ez<h ~ns~a!In,art re,~wm;ng unps;d 7 d.+~s af~er its d~a d~te, a~~d a l~C~ s~:n shail be added taeach such installment remain;ng unpaid 7 days a{ter
each succeeding Fayment Jate. -
q.
Each maKer, s~~rety and C~7(JJfSC'~ hareot, joi=itly and s;w~raity, v:a;ves drn:;r.d, µres~nt~r.ent protest and notice of protesl for nonpayment, and further .
agrees to any e~tens~on uf !i~r.e of paymen~, eithe; bafo:e or efter n;aturity, vrithout not;ce to any of us; and ta pay all costs oi coll~ction, induding a ~
. ~easonable attorney's (ca in the event af an~ d:~3u:~ hzrcund_~r, and hereby se.e•aiiy waives ali b~ne{~t of hom~stead and exemption under the constitution
and la•r:s of each Sta;c of ~he Un:t~d ~tates, ~s a~a~nsr tl,is obli~ation or an~ ~~,crens~on cr rene.vat heceof. '
V.'itoess the hand and seal of each party.
s/George C. Smith
(SEAL)
- ISEAI)
. S O~IC@ K• $~111t ~ (SEAI)
$1~ 4O _ (SEAL)
( • ) S~ate Revenue
(S+erwps~cesRttl!t}~e?~'rg7wat~+Rl+!'~~ _ - "
- NO:Y, THfREFOR'r, tFe lAORTGAGOR for thr purpose of securing payment of.said sum of j 1~- ~b~~OO ,-and the performance of the
covenants and agree~nents hereinafter expressed, an3 for d;vers grod ar.d vatua6!e cons:darations, by these preseMS, dces g~anl, barga~n, sell, remise,
release, convey and confirm vnto Ihe MORTvAGfE, its svccessors and assigr.s, ati thst certain lot, piece or partel of land, situate, lying, and being in tha
' Couniy of _ St • 1?UGl@ , and 5!ate of Florrda, desu~ba~ as follows:
Lot 20, I~DLAWN ~ERRACE~ according to the plat thereof on file in Plat Book 9~
~ . . _ .
Page 49, Public RecoYds of St. Lucie County~ Florida, ~
_ . ~ . - . . , . . . ~'~DS - 7/~ - ~oaa ~soo~3
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~ - . IN PA'fMENT OF 7AXF•S
~ . . _ REC~n~o a 3 ~
~
t DUE CN CU1SS'C INTANGI$LE PERSONAL PRO~ERTYrjc
- p~R$UANT TO CHAPTER 71•134, ACTS OF 1471. ~~J ~ -
ROCER POfiRA.t
OI..ERK CIRCUIT COUPIT~ ST. LUCIE C0, FIA
togetFer w+th aiI ar.d singutar the ter,emeros, hered:taments and appurtar.ces thereunto belonging or in anywise ap~et?aining theret~, ar.d all rents, issuei,
, proteeds and profits accruing ar.d fo accr~e from said premises, a!1 of which are induded in the above and foregoing description and habendum.
TO HAVE ANO TO HOLD fhe above descrlbed and granted premises unto the said MORTGAGEE, its s~ccessors and assigns iorever. And tha said
h50RTGAGOR for -~h~=------ heirs, execurors, adm7nistrators and ass~gns, hereby covenants with the said MORTGAGEE, its svccessors and assignt,
the are .
that lawf~ily seized of the said p+em~ses in fee simple; that the snme are free, clear and discharged from all liens and entum-
brances in law or in equ~ty, and that~ _ wilt and thelr he~rs shall warrant and defend the title to the seme fo the said
."JIORTGAGEE, its svccessors and assigns, ~orever against the lawful claims er.d demxnds of all persons;
PROVIDED, ALYJAYS that if_ the IAORTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefore desvibed and shall truly, promptly
and fully perform, d~scharge, execute, comp~ete,. compty with and ab:de by each and every the stipvlations, agreements, conditions and covenants of •aid
promissory note and o{ this l.~ortgage, lhen this lhortgage and the Estate F.ere'ty ueated shnll cease and be null and void.
, IT IS UNDERSTOOD that the word "Mortgagor" whe~her in the singular or plvral anywhere in this Mortgage, sfiall be singular if one only and
shall be pt~ral jointly ar.d severafly if more than one, and that the wnrd "the~r" as vsed anywhere in this Mortgage shall be taken to mean "his;' "hers," ~5d
ar "its," wherever the c~ntext so i:rp!ies or admits. Also, that wfierever there is a reference in the covenants and agreements herein tontained to any of y~,~
the parties hereto, the same sfialt be construed to mean as well as thA heirs, legal representatives, successors and assigns {either voluntary by act of the ~v
parties or involuntary by operation of the !aw) of the same and that the co~enants here~n contained shall bind and the benefit~ and advantages ir,ure ~
to the respective heirs, legal representatives, svccessors and asrgns of ihe par3+es hereta _
F And said lAortgagnrs, for fhemselves and their heirs, legal representatives, soccessws and ass~g~s, hereby jointly and severalty covenant and agree
: to and with the said h10RTGAGEE, its wccessors ar.d assigns: ~
~ 1. To pay al! and singular the principat and interest and tha various and sundry sums of money payable by virtue of said promissory note, and thi• ~
~ mortgage, each and every, Fromptly on the days respectivety the same severally become due. -
" 2. To pay all and singular the taxes, assessments, levie;, liab~l~ties, obl~gations and ent~mbrances of every nature and kind now on said described
~ property, or that hereafter may be imposed, suftered, placed, levied, or assessed thereon, or that he~eafter may be levicd or assessed upon this Mortg-
age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and before any interesl
a~taches or any penalty is incurred; AP~D INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL SE PROMPTLY SATI5FIED AND DISCHARGED OF
~ RECORD AND THE ORIGtAiAI Off~C1AL DOCUMENT tSUCH A5, FOR INSTANCE, THE TAX_ RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
' OR CERTIFIED? SHAlL BE PIACE~ IN THE HANDS Of SAID MORTGAGEE Y1ITHIN TEN DAYS NcXT ArTER PAYMENT; and in the evenf that any ihereof is not
paid, saYSfied and discharged sa'd /1fORTGAGFE may a: any time pay the same or any parf :hereof without waiving or aifecling any option, lien, equity or
.iqht under or by virtue o! this mortgage and the full amoun; af each and every. svch payment shall be immediately due and payable and s~ati bear interest
4om the date thereof vntil paid at rate of nlne pe~ centum per annum and toge~her w~th such interest shall be secured by the lien of th:s morgtage.