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1N15 INDENTURE, Made the-__l~c~L-dey of J~nuarv , A.D. '.9 66 , betwean f k
_!~~m~~Baker and N~~y Baker, his wi~_
of- -~-~'jr.-~-LUC-i-~----County, Florida, hereinafter desi9nated aa the "MORTGAGOR," end CITIZENS fEOERAI SAVINGS AND IOAN ~
ASSOCIEITIOh! OF ST. LUClE COUNTY, a corporation organized ar,d existing under the Ia~Ivs of the Unittd Sfates of America and having iti principal plnce
of busineas in 1he City of Ft. Pierce, St. Lucie County, Florida, he~einafter das~gnated as +he "MORTGAGEE". :
WHEREAS the MORTGAGOR is iusily indebted to the MdRiGAGEE in the sum of S ~ •~0 , good end lawful money of the United ~
Statas advanced by the h10RTGAGEE unio the MORTGAGOR, as evidenced by a certain promissory note ai even date herewith, of which Ihe following in
words and figures is a true copy, to-wit:
; 9.000.00 No.--~-~-
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ft. Pierce, florids_~~l11A44i`jr i-~1 , Iv - -
for value received, I, we or either of us, promise to pny, without detalcation, to the order o! CITIZENS FEDERAI SAVINGS f~ID 1~N ASSOCIATION
Of ST. LUCIE COUNTY, at Ft. Pierce, Floride, tha sum of S ~ ~ ~Q~ • 00 -with interesf from date at tha ra?e o~ per annum, in ~
moMhly installments as follows: ;--~2~.~~r -on tha ZOth day of ~gr~'h , lq bd and a like svm on tho j
correspo~ding day of each month thereafter untii the whole be fully pa?d.
Each inslatlment first shall be applied in payment of the interest and then on the unpaid balance of the principa~ sum If default is made in the
paymeni of any installment when due, and such default continues 30 days, then at the option of the holder, a~d without any other r.•otice, all the remaining
~nstallments shall be dve and payable at once. Pr~vilege is given to prepay th;s note in whole or in part at any time wilhout penalty. Neither foreb~arance, '
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nor acceptance by the holder Ihereof after any deiaull in any paymeMS hereon, sfiall be deemed extension. A late paymeM charge of 1,2~, shall ba ~
added to each ins.allment remaining unpaid 14 days after its due date, and a like ~um shall be added to each s~ch installment remaining unpaid 14 days
after each succeeding payment data. -
Each maker, surety and endorser hereof, jointly and severelly, ~vaive~ demand, presentmenl proteit snd notice of proteit for nonpayment, and further
agrees to any extension of time of payment, eilher before or after maturity, without nolice to any of us; and to pay all cost• of collection, I~tludi»y a
rea~onable attorney's fee in the event oF any default hcreunder, and herehy severallY waives all benefit of homestead and exemption ~nder tha conatitvlion Et
end laws of each State of the United States, as against this obligatian or any extension ot renewal hereof. S
Witnes• the hand and sea~ of sach party.
~ho~as B ker es~u ~
s ancy n8Ke~ csenu ~
ts~u~
13 . 5~ (SfAI)
( ~ ) Statt Revenue '
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(Stamps cancelled on original ~ote} ;
NOW, THEREfORE, the MORTGAGOR for the p~rpc~sa of securirtg paymrnt of taid sum of ~ • 00 ,•nd th~ perform~nca of tho i
covenent~ and agreementi hereinnfter ezpreised, and for diveri good and valvable con~iderationt, by tF?ase presentf, does grant, barq~in, sall, r~mifa, ~
release, convey and confirm unto the MORTGAGEE, its s~ccessor• and assign~, all thnf ceriain lot, piecs or p~rcol of lind, tituata, IyinQ, •nd beirtp In the
Co~nty of - ?~c.- Lu~%i~ , and Stata of Florida, dettribed at follows: '
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Lots 9 and 10, Block 11 of SILVER LAKE PARK
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, ADDITION, as per plat thereof on file in Plat ~
Book 10, at page 8 of the Public Recor~ils oP
St. Lucie County, Florida.
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L~C-~~-~~`-' U~ UOCU TS`-_' _ p
gy DEFUTY CLE~K JAN2U'65 z,~.~;~~_' c" = 1
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f ~ COh'P7ROLlEF~~~ ;g~__------" •
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togethet with all and singular the tenements, hereditaments and appvrtancea thereunto belongir~g er in anywise appertainin9 thereto, and all rent~, issve~, '
; ~ pr«eads and profits accruing, and to accrue from said premises, all of which are included in 1he above and fereyoing defcription and h~betxlum. ;
i TO HAVE AND TO HOLO the above described and granted premi~es unto the said MORTGAGEE, its succtssors anc assignt forever. And tha ssid ~
~ MORTGAGOR for -~h~~~ heirs, executors, administfator: and assigns, hereby covenanti with the said MORTGAGEE, its :uccessor~ and assiyr»,
~ that lawfvlly seized of the sa~d premises in fee simple; that the iame are free, tlear and discharyed from all Iten: sr?d ~ncvm- ~
brances in taw or in equity, and that~•~.L will and thF''ir'_ heirs shall warrant and defend the title to the same to the ~id ~
• MORTGAGEE, i~s successors and assigns, forever against the lawful claims and demandt of all pertons;
PROYIDEO, ALWAYS that if the AIIORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deic?ibed and shall truly, promptly ~
and fully perform, discharge, exec~te, complete, comply with and abide by each and every the stipulationt, agreements, conditions and covenants of asid ~
promissory note and of this Mortgage, then this Mortgage and the Estate hereby created thall cease and be null •nd void. ~
IT IS UNDERSTOOD that the word "Mortgagor" whelher in the sing~lar ur plural anywhere in this Mortgage, shall t~e iinflular if one or~ly and ;
ihall be plurol jointly and teverally if more than one, end thal the word "their" as uted anywhere in this Mortgsge thall be t~ken to mean "hit;' "hen;' ~
~ or "its;' wherever the context so implies or admits. Also, thal wherever there is a reference in ihe covenants and agreen:anlt herein tontained fo any of 1
the partief hereto, the same ihall be construed to mean as well at the heirs, leyal representatives, successors and aisipns (eithe: voluntary by act of tM
i par?ies or involuniary by operation of the law) of the same and that the covenanli herein containsd shall bind ~nd Ihe benefiti and advantayq lnur~
to the respective heirs, legal representatives, succeisors and assigns of the parties hereto. _
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