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HomeMy WebLinkAbout2972 ~ ~ ~ ~S i" yti+Z- ' r THIS WDENTURE. IiMd~ tM. - d~y of~L~~..i-- - , A.D. '.9 b~iwNn JoaeA~'s_ Stubba and Met~4~].a 'i`- Stubbs hia ~{fe ~ of_ Z+uCiQ -.~.CouMy, Florida, her~inaftar detiqnded a the "MORTGAGOR,° ~nd CITIXENS FEOERAL SAVINGS AND LOAN ASSC~IATfON OF ST. WCIE COUNTY, • corporation org~nized and ezis?ing ~ndsr the laws of the Unibd Stste~ of Art»riu snd havinq it~ principal place of bu.in~~s in tM Gty of Ft. Pierce, St. lucie County, Florid~, herslnafl~r desiynat~d ~s rhe "MORTGAGEE". WHEREAS tf» MORYGAGOR is justiy indabted lo the MORTGAGEE i~ the s~m of S .a.]LXiY3[-.-, good and lawful mo~ty of the lMitad 6tarea adv~nud by tAe M~RTGAGEE unto tMe 11~ORTGAGOR, as •vidanced by a certain promiswry note of even date herewith, of which the followiny (n words and tiqura i~ p t~u+ cvpy, twwit: 11, 000 t OQ ~ No. 238 Ff. Piarce, flo~ida JU1V~~.) , 14 6~ For v~lue received, 1, we or •ithar of us, pramise to pay, withoW def~lution, ta the order of CITIZENS fEDERAI SAVINGS A~ND ALOCAN A55UCIATION Gf S1. LUCIE COUNTY; ot Ft. Pierce~, ~P~lori~dn~,y the s~m of ;~~aY.]~ w~th inte~e.t from dete at the rete ofSl~.L~ per •nnum, In monthly iitatell~enta d follows: ;_.~i_a_:.25L- on 1M~dey of Oetober , 19~and a like sum on tM correspondenp d?y of sKb manth thereeher until the whole be fully peid. Each ;nstallment first sh~ll be applied in payment of the interest and then on the unpaid balance of the principal s~m. If defeult i~ mede in the payment of sny instal~ment when due, and such defauft continuei 30 days, thnn st tne option of the holder, end without any other notite, all the remaining ' installment~ lhall be due and payable at once. Drivil~ge ia given to prepay this note in whole o~ in pa~t at any Rime without penalty. Neitfier forebeerance, nor scceptance by the holder thersof after eny defeult in any paymants har~on, shall be deemed exteniion. A lete payment charge of ~~~s, shall be sdded to each ini,aflment remaining u~paid 14 day after its d.x date, ~nd a I~ke svm sha~l be edded to each such imtallment remsininy unpaid 14 days aft~r each aucceadin9 peym~nt dat~. Each m~ker, surety and endwu+ heraof, ioinHy ~nd ~ewrslly, wai~res d~mand, presentment protett ~nd fqllt! Of p?Ol~« fOf flOi1~Y11MM, rnd furtMr prch to ~ny ext~nsion of rime ot payrn~~t, rther bsfore or ~ft~r m~turiry, wirhout notic~ to ar~y of us; end ta pey a~l cosri of coll~ctSo~, inciudinp a r~~~onable aHaney'~ fee in the •v~nt of ~ny def~ult hereunder, snd l~eraby ~ev~rally w~ive~ all benefit of homeste~d ~nd extmptio~ und~r ths co~utitvtion snd ~iw~ of e~ch Stat~ of tht l;nited Statn, ~a aqainet thif obliyatan or ~ny e~etenaiooi a renewal Mreof. Witnts~ the ha~d and ~eal of ~ath p~ny. s~,Tos~,rh B_ S~ubb~___ ~ s/~Iemolia T_ Stub~ ~,u ts~w ~ 16 - J~ ~ ) Stan Rwsnu~ C (Stenrps unc+llsd a? oriqinal nat+) NOW, THEREFORE, tM MORTGAGOR fp th~ purpoa~ of qcurirq psym~nf of t~id tum of : 1 Q~~.(1~~ +nd tM psffwmo~u of tM cownant~ and agrkmw~ts harelnah~r •xprewed, ~nd fo~ di+rort qood and valwbl~ co~sid~ratio~s, by thes~ pr~s~n», dws qr~nt, barp~in, ~bll, rer.?ise, nl~a~s, tonwy and confirm unto itw MORTGAGEE, itr ~uutuort ~nd auiqn~, sll lhat cert~in lot, pi~ce w parul of (and, ~itu~t~, lyinp, artd b~inp in the County of .~~t ~ LT,IC ~l~ ~nd Stst~ of Florida, deuribed es tollow~: Lo~s 12 and 13 oP I,TNORA SUBDIVISION se per Pla~ tihereoP in Plat Book 8, Page 15 02' the Public Reaord° d* St. Lucie County, Rlorida. i•~ r; vu.~+vr ; r.~:~~ v~ D D r,tit,~ ~ a~NE°'".;. ~lECE7~1EL1 S SS'C~ IN7Afi :lP~ ~ PERc ; r. . PUR5UAN7 TGCHAU7EG ~'.7:4. ' > . _ W STATE QF FLORIDA RpC',ER F~v~~R~' , a~ ~ OCf~UNlFJ11TA~"' TAMP TAX ~t f~r ; U ` ~ c . : - ~ ~ _ ~ p _ A~ u,~ ~aX ..G~,~tc, a_,~~~s - I S 5 0= a ~ LU~~~jC~`L_~C " N V COl~tP'TROIIER ~ ~y U~FUTY CLERIC P~.190138 O°` i ~ , together with all and singuiar the senements, here~itaments and appur±anca thereunto belonging ssr in a~ywise appertaining thereto, snd •II rents, tsavei, proteedt and prefits accruing and to accrue from said premises, all of which are includcd in the abcve and fxeyoiny dastription ~nd habendum. TA HAVE ANO TO HOtD the sbove described and grantcd premises unto !he said MORIGAGEE, its succesaors and ssaiqns forever. And tFw ~ald MORTGAGOR fw --~e~~ hein, exec~tors, administfatofs snd aisigns; hereby covenants with the •aid MORTGAGEE, its auccessort a~d ~ssiyns, that lawfully seized of the said pr~mites in fee simpte; ~hst the tame are free, clear and discharyed from •II liena end Mc~m- b~ente~ in law ar in equity, and tnat ~he~ will and _~hCir heirs shall watrant and defend the titl~ to tha tam~ to tFw f~id MORTGAGEE, itt succesaors and assigns, forever against the lawful claims end demend~ of all persone; PRbV~DED, AlWAYS that if tht MORTGAGOR sha~l pay unto the MORTGAGEE the promisiory note hereinbcfore described and ihal; t~uly, prortsptly and fu(ly perform, d~scfiarge, execute, cemplete, comply with and •bide by each and every the stipulations, agreamenri, condition~ and covenants of ~~id promisiory note •nd oi this Mortqage, then this lihortg~ge and the Estate hereby created shal! cssse and be null and void. IT IS UN~ERST~JOD that tht word "Mortgagor" whether in the ~ingular or plural anywhere in this MWrtgage, thall be singuler if o~e only ar,d :hall be plural j~intly end ~everally if more than orte, and that the word "their" at used anywiiera in this Mortyaga •ha{I be taken to mean "hif," "Mn," or "iti," wherever the tonteat so impl~es nr admits. Alao, thet wherever there i• e raference in rhe covenants and syreementy here~n contained ta sny oi tha parties hereto, the ume ~hail be tonstrued to mesn ss well as the heirs, legal rtpresentativ.~, succenoes and assiQ~s (either voluntary by ~ct af fhs psrties or involuntery by operetion of tha law) of the ssme and that the covenants herein ~~ntained ~hall bind and th~ benefit~ and advantayn invr~ to the rtspectiv~ heiri, legsf represe~ratives, successors and aaigns of the oarties hereto. BQOK 5~~7 . . _ .