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~HIS INDENTURL, Made ?he F~bruary , 65~
_3_-_day of , n.D. 9 batween
Arthur Qainous-~nei-i~t~~i$-R-Dainous_,~i4 wi fP
of ~St . Lucie __co~~~y, F~urida, hereinafter designated as the "MORTGAGOR," and CITIZENS FEDERAL SAVINGS AND IOAN
ASSOCIATION OF ST. WCIE COUNTY, a corporation organized and exisring under thz laws of the United $tates of An;erica and having its printipal ptace
of business in the City ot Ft. Pierce, Sr. l~cie Counly, florida, hereinafter designated as the "MORTGAGEE°.
WHEREAS the h50RTGAGOR is justly ir.debted to the MORTGAGEE in the sum of S 10 ~ 000 • ~Q , good and la~vful money of the United
Sretes advn~ced by the MORTGAGEE unto the h10RTGAGOR, as evidenced by a certain promissory nore of even date herewiih, of which the following In
words and fyu~es i~ a true copy, to•wit: ,
s~o , o00 , 00 No, 335 ;
~ Ft. Pierce, Florida Ff.'bT'UAI~ ~ ~ 19 ~
F« value reco~ved, 1, we or either of us, promise to ~ja without defalcation, to the order of CITIZENS FEDERAI SAVINGS qWD~~j N ASSOCIATION ~
OF ST. IUCIE COUNTY, at Ft. Pierce, Florida, : 2 sum of ~ y~ ~ ~DO • ~O~h with interesy rom date at the rate o~O per annum, in ~
monthly installments as follows: S ~3 ~ on Ihe_ day of ~a , 19 V and a like avm on ihe ~
corresponding day of ea:h month Iherea(ter until the whole be fully pnid.
Each installmenl first shall be applied in payment uf the inlerest and then on the unpaid balance of thz principal sum. If dafault is made in the
payment of any installment when due, and such default continues 30 days, then at rhe optlon of the holder, and ~vithout any other notice, all the remaining
installments shafl be due and payab!e at once. Pr+vilege is given to prepay th:s note in whole or in part at any time without penalty. Neithe~f¢rebearance, ~
nor acceptance by the holde~ thereof after any drfault in any paymeMS hereon, ~hall be deemed extension. A late paymeM charge of b, shall be
added to each ini.allment remaining unpaid 14 days after ils due dale, and a like surn shall be added to each such installment remeining unpaid 14 days ~3
after each succeed~ng payment dat~. .
Each maker, su~ely and endorser hereoi, jointly and ~everolly, waives demand, presentmenl protest and notice of protesl tor nonpaymenf, and further ~
agrees to any extensio~ of time of payment, either before or aitet maturily, without notice to any of us; and to p~y all cost• of collection, includinp • ~
reaso~able attor~ey's fee in the event of any defavlt hereunder, and hereby severelly waivet all b~nefit of homestead and exemption under the conttitulion
and laws of each Sta~e of the United States, as against this obligation or any extension or renewal hereof. ~
Witness ~he hand and seal oi each party. $ Arthur Gainous
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(SEAI)
( ~ ~ 5 . Q~ ) State Revenue (SEAI) }
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~~iamps canceiieci vn v~iyinai ~7~ie~
NOW, THEREFORE, the MORTGAGOR for tfie purpoie of tecuring payment of said •um of ; 10 , snd the per(orm~nce of ths ~
covenants and egreemenis hereinafier expressed, and for diver• good and vel~able ton~iderotion~, by these presentt, doei flrant, berp~in, tell, remise, s
release, tonvey and o firm nto t e MORTGAGEE, its suaessor• and aiiign~, ell fhat certein lot, piece or parcal of land, situate, lyirrg, and bainq ln tlu ~
County of _ • ~UC~e , and State of Florida, described as follows:
Begin at the Northeast corner of the E~ of the E~ oP the S~u of Section ~
9, Town~hip 35 South, Rang~ 3g East, fror~ th~n~~ r•ur; South alo~~ t~~ ~
section line a distance of 1490 feet to the point oi' beginning oP the
tract herein described; From said point of beginning, turn and run ~
West parallel to the centier line of Orange Avenu~ Extension a distance 4
oP 300 Peet to a point, thence turn and run South parallel to said
Section line, a distance of 180'feet to a point; thence turn and run
East parallel to the center line of Orange Avenue Extenaion a distance
of 300 Peet to a point on said Section line; thence turn and.'run North
along said Sectiion line, a distance oP 180 feet to ~he point of begin-
ning, being a part of the E~ of the E-~ of the SE4 oP Section 9,
Township 35 South, Range 39 East. (BEING OTHERWISE DESCRIBED as Lot
~ 23 of an Unrecorded Plat of WEST FORT PIERCE ESTATES EXCEPTING
rights of way Por public roads and d~ainage canals and sub,ject to ~
restrictions of public record ine~.uding those set forth in that eertain
warranty deed from Frank W. Hogan and Ruth B. Hogan, his wife, to ~
Dorothy and Arnold Hecht, dated June 5, 1956, and recorded in Deed ~
Boolc 215, page 77, public records of St. Lucie County, Florida. ~
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togethee wifh all and singvlar the tenements, hereditaments and appurtances therevnto belonging or in anywise appertaining thereto, and all rent~, It~uei, ~
~I proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing destriptio~ end habendum.
I TO HAVE AND T ! the above describ~d and granted premiies unto the said MORTGAGEE, its successors and assignt forevar. And the tstd ~
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~ MORTGAGO for heirs, executors, administfators and assigns, hereby covenants with the said MORTGAGEE, it~ ~utcessort end asti9ns, ~
~ that t~@y 8re lawfully sei~~deof the said prem~ses in~Fee~ire; that the iame are free, clear and discharged from all Iteni and encvrtr f
brances in faw or in equity, and that L~l y will and tl he~rs shatl warrant and defend the title to the ume to ihe taid ~
~ MORTGAGEE, itt successors and assigns, forever againsl the lawful claims and demandi of all persons; }
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and sh~ll truly, promptly 3
and fully perform, d~scharge, exec~te, complete, comply with and abide by each and every the stipula~ions, agreemenls, conditionc end covensnt~ of •~id
promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void.
tT IS UNDERSTOOD that the word "Mortgagor" v~hether in the singular w plural anywhere in thia Mortgags, shall be singular if one only end ;
shall be plural jointly and severatly if more than one, and that the word "their" as used anywhere in this Mortgage shall be taken 1o mean "his;' "hen;' ~
or "its," wherever the tontext so implies or admits. Also, that wherever there i: e reference in the covenant~ and agrrements hereEn containtd to any of j
the partiei hereto, the same shall be conttrued to mean as weil at ihe heirs, leyal representatives, successon and as~i9ns (either volunt~ry by ~ct of tF» ~
partiei or involuntary by operation of the law) of the same and that the tovtnnntt herein contained shall bind and the benefit~ and advantay~ tnure ~
to the respettive heira, legal representativa, successors and assigns of ~th R perties hereto. ~
_ BOOK ~53