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TNIS INDENTURE~ hlede IhC-~.~~-~1ny G( - - +
-R~~.-Erank_I2QU~~~__M~gan and Id~ L~ Mor~an, his w~fe,
of 5~..___~.illC j e County, florida, hereinafter designated at the "h10RTGAGOR," and CITIZENS fEDERAI SAVINGS AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY, a corporation organited anJ existing under th> laws of the United States of America and ha~•iny its principal plaie
of business in the City o( Et. Pierc~, St. lucie Coumy, Florida, here+nafter desi9nateo as the °MORTGAGEE".
WHEREAS the MC~RTGAGOR is jusHy i~~debted to the MORTGAGEE in the sum of S_ 1~~OO~.Q~, good and lawful money of the United
States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenctd by a cer?ain promissory note of even date harewith, of which the following fn
words and figure~ is a irue copy, to•wit:
~ ~~0 . No._~
S_~~~_ ~ ;
Ft. Pierce, florida~~_1.~~~.t , 19 ~
i
for value recslved, I, we or eithzr of us, promise to pay, without defalcation, to the order of CITIZENS fEDERAI SAVINGS ANd IORN ASSOCIATION
OF ST. LUCIE COUNTY, at Ft. P~erce, florida, the wm of S-1,.~-~-QQ~-.-~Q- with interest from date at the rate of~~ per enn~m, in
momh~y installments as follows: ~ ~,,~R.~_7~,__ on the~.Q~rLday of ~RV , 19~_and a like sum on the
corresponding day of each m~nth thereafter until the whole be fully paid.
Each installment first shall be applied in payment of the interest and then on Ihe unpaid balance of the principal ium. If defauh is made in ihe
payrr=nt of any inslatlment ~vhen due, and such default contin~es 30 days, then at the option of the holder, and without any other notice, all the remeining
installrreMS shall be due and payable at once. Vrivile~e is givan to prepay th's note in whoie or in parf at any time wifhoul penally. Neither {orebearance,
aor ac<eptance by the holder thereof after any default ~n any payments hereon, shall be deemed extension. A late payment c~a~ge of 5~~, shall be
added to each ins.allment remaining unpaid 14 days aiter its due date, and a like sum shail be added to each such insraiimr~t remaining unpaid i4 days
aiter each succeedi~g payment date. ~
Eath maker, surety and'endorser hereof, jointly and •everolly, waive~ dema~d, presentment prolest and notite of protzst fot nonpsymenl, and furfher
agrees to any extension of Nme of paymenr, either before or after maturity, without nbtice t~ any of us; and to pay all cost• of coltection, includinfl a
reasonablc attorney's fee in the event of any default hereunder, and hereby severally waivet all benefit of homestead and exemption under the conttitvtion
~ and laws of each State of the United States, as against this obligation or any extension or re~ewal hereof.
Witness the hand and seal of each party. ~
s /Rev Frank Dou~l_ s~Mo~~n «U
g~/Tda i,c~, Mor¢2n cs~e,u
tsEwt)
^ (SEAI)
2G State Revenue
(Stemps cancelled on original note)
NOW, THfREFORE, the MORTGAGOR for the purpa~e of securing peyment of said sum of S 00~ , ~ and the perform~nce of 1Fw
covenants and agreements hereinafter expressed, and for diver• good and veluable considerations, by these present~, doei gront, baryain, sell, remisa,
release, convey and confirm unto the MORTGAGEE, its successori an~ auignf, alt that :ertain iot, piece or parcel of lend, ~ituete, lyl~, and being in 1M
County of _-~~-~+UC~@ , and State of Florida, described as (ollows:
Lots 7 and 8, Block 5, Sunrise Park Subdivision
~ Unit 1, ~pr ???ar t~e~epf recorded in Plat
~ Book 8, at page 42, o£ the Public Records of
St. Lucie County, Florida.
Of t~X Y~
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_ J~ DOCUMENTAp e S~-A
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i ~ ~ _ FE814'66 z :~Y~ =
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COh1?TRCLLER\ t\~.~ ~ 2 5 0=
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~ togerher with all and singular the tenements, hereditamenrs and appurtances thereunto belonging or in anywise appertaining thsreto, and all renti, i:tvet,
proceeds and profit: accruing and to accrue from said premises, all of which are included in the above and foregoing description and hebendum.
TO HAVE AND TO HOtD the above descr~bed and granted premiies unto the said MORTGAGEE, its successort and aisigni forever. And the said
MORTGAGOR for heirs, executors, administfators and assigns, hereby covenants with the said MORTGAGfE, ite succesior~ and assiyn~,
~ that lawf~lly seized of the said premiies in fee simple; that the same are free, clear and discharyed from all liena and encurtr
~ brances in law or in equity, and thal the.y W~~~ a~d the i r heirs shall warrant and defend the titlo to th• •ame to the •aid~
~ MORTGAGEE, its s~ccessors and assigns, forever against the lawi~l claims and demands of all periont;
PRO~'IDED, ALWAYS that if the MORTGAGOR shall psy ~nto the MORTGAGEE ihe promissory note hereinbefore described and sh~ll truly, promptly
~ and fully perform, discharge, executr, comptete, comply with and abide by each and every the stipulations, agreemants, conditions and tovenanlt of srid
; prom~siory note and of Ihis Mortgage, then this Mortgage and the Estale hereby crtated ihall cease and be null and void.
j IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhero in th;t Mortgage, ihall be singulsr if one only snd
i ihell be plurol jointly and teverally if more than one, and that the word "their" as ~ied anyvrhere in this Mortgage shall be taken to mean "his;' "hen,"
~ or "its;' wherever the context ~o implies or admi~s. Also, that wherever tFere is a reference in the covenant~ and agretmenti herein contained to any of
! the parties hereto, the same iha~l be construed to mean as well as the heirs, legal representative:, :uccessws and assigni (either volunt~ry by act of tM
partits or involuntary by operation of the law) of the snme and that the covenants herein contained shall birtd and Ihe benefit~ artd adv~nta9es inure
to tho reipective heira, legal representatives, successors and assigns of the parties hereto.
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