HomeMy WebLinkAbout2143 s
13tY~ Da ceiabe r ~.o~ b.~,..~
M1. H. Sto~eugh and LsAee~ Stobaugh. hia w~e
o~ St . Luc ie .~,,,,H i,,..~,.f,.~ d~.ne e+. °~TCncoR." and fIRST FfOERAI SAYINGS ANO tOAN
ASSOCIATION OF FOR? ~IERCE. ~ aorPa~tiow a'Q+nz~d and exutirq wda tM laws d tM lMi»d SutN of /1i~isa and Mvirp It~ principal ~ d+o~ of
bus~ewn N dN CNy of FoA ~i~~o4 31.•lucN Gountr. flaida Aa~ha desipMad ~s tM i `
MIF#REAS Ih~ MORTGAGOR Y ~ustly Y~d~bNd b th~ MORTGAGfE 6~ IM swn of ~ l s~( 7~ • Q~ ~nd tawful ~nomy of the Ueited
Srar~~ ~dv~nnd by th~ MOR?GAGEE wNO Nr MORTGAGOR. a~vid~nced by • cat~in promistio~ry nWt of ~wn d~q ha~wi~h, of which tM tollowinp M '
Wa.a..~a w a w. w~ 13,43n
: 7.35~-~~ ~ ~ December 1~ i9~
fwt PiKa~ flaida„
Fat v~lw r~esiwd, 1, vw or ~i11w of w. prants~ to p+~j. wi~hout d~f~Fcatioo, ro N~e orde~ of FIRST FE~ERAL SAVINGS AND 10/1N /1SSOCIATION OF
FORT p1ERCE at Fat Pi~ro~. f1aW~, th~ swn of i 7• 75" • 00 with inte.~st f~oa? dat~ at tM wt~ of ...~_96 pu +rn+u~n. h montAlY irotal4
ment~ q fdlor?s: S 69 • QO on 1h~~~Gh.. d~y ~ Februa rv _~v~_ «~d . u~t. ~ o~ M» oa...Pw+d~~w d+r of
•f»~ uetil th~ whol~ b~ fully p~id.
Each iroqllm~nt fvst ~h+ll b~ appli~d in payment of rh~ intKest and then on tM unpaid b~lsnc~ of tM prinNp~l sum. If d~fauh h nwd~ in tiM
paym~nt of ~ny installnwnt when dw, ~nd wch dtfauh continues JO d+y~, then at tfie vption of ~M Iwlde~. ~nd withouf u?y oN~a noric.. all tln re~+~+ln~np
~nasai4nu?n slNU b~ dw and p+yabl~ ~t aic~. PrivilsQ~ is piven to P~~P+Y this rot~ in whob or h put at any i~e~?t without peMlty. N_eit'Au 'f.ornb~araea,
nor aea~pt~ by tRa holdw tlwrwf afbr ~ny defauh in ~ny p~ymenb hereoa. ~11 b~ deemed e:tension. A laro payment d+u~ d i~ ~MII b~
edded w~ iiaulkMnt r~~p wp~~d 7 days aHer its dw daN, a~d • lile~ wm shall b~ addt~ b~ach such insfallrnatN r~mainLp unpaid 7 diys affN
eaeh wooMdM~y WYm~ref d~t~.
Each ~IcK. +urM? ~nd ~ndo.s« hasof, jointly ~+d severally. wa~ves demand. Presen?menr pro~es~ n+d no~ic. of praest for nonp+Yma+f, ~nd fwtha
~greea w ~ny ~xt~ntlon of tnn~ of pa~ma?t, eitMr befon a after matwity, withow not~os ro smy of vs; w+d to pay all aosn of coll~etion, inclvdinp a
reasonabl~ attora~y's fN in tM ~wnt of any defwh hereunde~. and Mreby sevenlly w~ives all be~efit of homestesd and exemption unde~ tl+e cautit~lion
and I~vv~ of tach St~1~ of tM W~ihd States, ss ayainst this oblipation w any extsnsion w renewal hereof.
Winass th~ hand and tNl of s+d~ puty.
R~?U
s LaDean StobauAh ~
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~ ~1. TD . s~.+. R.r«w.
csr.mp. w~o~lba oe aqt~al not.) 7 750 00
NOW. TNEREFORE. tM MORTGAGOR fw th~ pwpo~e of secwi^9 WNment of ~ad swn of = ~ • . and tM pKform+nct of th~
cov~nanb and pr«nwnri Iwreinaha ~npreued. and fw d~vers ~ood and valwbb coniidewtioro, bY tha~ pns~nts, dwa ~~ant. barpale~, sd6 remis~.
retaas~, ooiw~l? and aonf'um umo th~ 1NORTGAGEE, its wooesso.s and ~ssigns, all that cen~in la. Pi~o~ or P+rod of (and. sitwt~, lyinp, and b~inp h tlw ;
Counry d ?St.. Lucie , and Sqt~ of florida~, dacr~d a fdlows: `
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The South 65.5 feet of the North 232 feet of the Eest 140
feet of the West 495 feet of the NW4 of the SE~ oP the SE~ -
of Section 17, ToKnship 35 South, Range 40 East,~~ s
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roperM. wHh all and airv~ular th~ tN+M~wnts, hared'd+inents and app~xtances tMrew~w b~lonpin0 e? in +nY~ ~PP~aininp tMreto, uid all r~nfs, is~+~s„
prxaads and profils aoorvinp ard to 7~.-uw f?om ssid preenises. ~II of whith ~r~ induded in th~ sbov?~ and for~poinp d+scription and Mbendwn.
TO HAVE AND TO t ~f abow desuibed ~nd qranted premites uMO tM said A60RTGAGEE, iri wotesson and assipes forev~r. 11~d th~ s~ld
MORTGA 11' h~in, e:ecutas. ~dminisbaton and assiyns, haebY oov~nants with the said MORTGAGEE, hs woceaots and asaiyna, f
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rhar ~~C Y e re~~h .«~.a o~ +h. wid prana~s in fe~ simd~J th~t ti~e sam~ u~ hN. d~u ~nd d'scl++rOd fran all li~ns and arc.+nr
brsnus in law a in ~qvity, and th~t~~L. will and their hein ~hall wuram and d~fend tM titb w tM sam~ w tFr s~id
~ MORTGAGEE, ib woosswrs ae~d auipra, forever ayskut tM lawful claims and dern+nds of dl p~rwro: f
PROVIDED. ALWAYS thN if th~ IWORTGA('aOR shsl! pay unto the INWRTGAGEE tM promie~wy oot~ hueinl~efon dew'b~d and shdl ttuly, promptlr
~nd ful~Y PMform, d'adwy~• t~aa+h, ownPl~t~, eomplY with and sbid~ by each and ~very the stip~rtat~ons. +preert~enls, oa~d'itiom and aoven+nn of said ;
promiisorq not~ ~nd of this.Mwtqape, t}»n sf.is Mort9+pe u~d ths Est~te hereby ueated shall ceaw and bt rwll and void.
~ iT IS UNDERSTOOD tlwt th~ word "Mort9+pot° wl?tther in the singula~ or plvr~t ~nywher~ in this Mortpapt. ~h+l) b~ sinpular ff oM onl~ i
~ shall b~ plwal ioi~uly and wwraly if mor~ thN? one, and that the word "tF~eir" as used any+wha~ in tha Mortp+pt s~+all b~ takai to mtan •'hb."""Mn.°
or 'ib." wFwreva tM ooru~xl w impli~s or sdmits. /11so, that wherever shere is a nf~reno~ in tht oovenu~b ~nd ~yreem~nb I+erein oo~tairMd to s~ryr of
~ r!u putNS Mnto, tlr s~nr slwll b~ caatnrsd to mean ~s well u tFK he'us. I~+1 r~praentatives, wa~siws ud assipe?s (eitFw~ vol~anary bY ~d of the
part'as or invok~nt+rp M op~ration of th~ I~w) of tM same ~nd that tM covenann herein oomained shall bind and th~ bsrwfib and ~dv~nta~s Imn~
fo tM rapKtiw Irirs. Ip+l npra~ntativp, successas and asvyns of the p~Ai~s Mrero.
ArrJ ~Id Mwq+pon~. for ehwnwlv~s «~d tl~ FKin. lep+l rapraent~r'~ves, s~ccesson and u~ipns, hereby ioin+N and iawrally oov~rynt ~nd ap.K
to ~nd wifh th~ Mid MORTCsAGEE, ifa socs~ason and ~ssi~ru: i
1. To pay all and ~Lgvlar Nw princip~l and intuest and th~ vsrGoirs ~nd swwlry wms of mon~Y WrabN by vi~tw of said praniaory no1~, and tNs ;
mortpa~. ~ad~ and wwy. PranptM a^ th~ d+Ys r~~pecYwelY tM s~ne sewraly brcarw due. ~
Z To pnr all ~nd wgvln tIN ta~us, awsuna~a. Iwiea. Nabilities, obliy+rans «~d ~sncss o4 e+rcry n~tur~ snd k&d now on s~W daaib~d «
P~~Y, o~ tk~t Iwnaftw mn? b~ tenpw~l. wff~rad. P~+oed• Iwi~d. w~aas~d thanon, a that Iw?eaft~r may b~ Iwied or awswd upa~ tN~ Maq- ;
ay~, ot t~ Y~d~bqdr~ ueur~d hv~b?r, t~tl~ and ~wry, wMn dw ~nd psyable, aaa~~0 b law, befw~ thty b~car.~ d~lir~queM, and b~fon ~ny iM~nst
straches or ~r pen~hy i~ incwred; AND INSOFAR AS ANY THEREOF IS OF RK02D THE SAME SHALL !E PROMPTLY SATlSfIED ANO DISCHARGfQ OF
RECORO AHD THE ORIGINAI OFFICIAI DOCUMFNT (SUCH AS, fOR ~NSTANCE, THE TAX RKEIPT OR THE SATISfACiION PMER OFFKIALLY ENDORSfD
OR CERiIF1ED) SHALL !E PIACED IN TFIE HAN06 OF.SAID NIORTGAGfE VYIIHIN TEN DAYS NEXT /1FTER PAYMEM; and in the eveM that any tlx~~of i~ ra1
pe~d. ~st:sfi~d ~nd d'udw~d pid MORTGAGEE may at s~y tirne pay tM s~n+e w any part thereof without waivinp ot affecti^0 ~Y aPfa^. ~h p ~
•~ahr ~nd~r a bp virtw of tF~is morf~~ye and rhe fir11 aaaunt of exh ~nd wery wch paymem shall b~ inrnediarely dw and psy~bl~ and shap btar imaat
i.om tht daM Nwr~of wNil psid N rat~ of nine p~r ce~tum p~r uvwin and toyeth~r w~th wch imerat ~lull b~ ~ec~red by the lien of th:s maptap~. ~
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