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THIS INDENTURE. AA~d~ tlw 22 3 t ~y of Febrtary ,/~,p~ ~y ~~w,~
_ Lonnie Stubbs ~~,d Dat sp Lee Stubbs,,, his wife,
of S t_ LLC i e ~ Cpunty Flotida, I~~inaftv dcignated s~ th~ "MORTGAGOIS," , at?d fIRST FEDERAI SAVINGS AND IOAN
ASSOCU?iION OF fORT MERCE, ~ owpa~Yan apanis~d ~ad ~zu~inp w?d~ ~M lav.~s of th~ Unir~d Stat~s of l~n~~tc~ and havG+p in priocipai pl~ of
bu~iMSS In t1N Cily Ot FbA Pi~rar. St. LYti~ Cot?nfy. florida. hNtinahN desipnatsd st tfw "MOtRTGf1GEE."
WtIfREAS ti+e JMORTGJIGOR it jwtly G~d~btsd b tM MORTGAGEE in tt~ sum of ~~~l,~.00 . ~0 , 9ood ,nd lawful moo.y of ~he Un~ted
Sfatn ~dwnad by th~ MORTGAGEE unto th~ MORTCaAGOR. as evidenced by a cer,~in promiswry nole of eva? date herewith, of which tM foltowirg in
word~ ~nd fiawN b a trw copy. towit:
s ~~~140.~0
No~~.L ~ ~ 3~
Fwt Pierc.. F~o.id+. Fe bru &rF_~l t9...j1~.
Fo? wlw nc~ived, 1, vw w~itM~ of us, prom;s~ ~o pay, without defalcat~on, to the o.der of FIRST FEDERAI SAVINGS AND LOAN ASSOC~ATION OF
FORT PIERCE ~t Fat piKa, Florida, the wm of =~a ~00 • v,,;th in~eresr from dats at the rat~ of L~~ pet ~nnum, in monthly inst~ll-
r„enrs u follows: _ ,~6 • oo tM ~Q~ day of Anril ~ 19~~. and a like sum on tM co?res~wndinp d~y of each month tMrr
after until tlw wFwi~ b~ fvlly p~id. .
Each irotallmsnt fint ~hall b~ appliad ir? payment of t!» interest u~d then on ths ~npaid balance of the princtpal sum. If default it msda in tM
payment of ~ny installm~nt when dw, ~nd wch defwlt cpftinues 3p days, then at the optiw~ of the holder, and without my other natics, all the remainir~y
~nstallmenb ~hall bt dw and p~yaW~ at onc~. Privitay~ h yivar~ fo pnpay this ooN in wFak or in pa.t ~t any time wirhou~ penalty. Neither foreb~aruKe,
nor acceptanp by tM hold~r Nwwf ~her sny defauh in any pymeny hsrto~, sha~~ b~ deemed extension. A Iste payment th~rg~ of s 1. 8o sh~ll b~
added to ~ach inttallm~nt nmaininp ~np~id 7 d~y~ after its dw date, u~d a like sum shall be added to eacF? such i~utallmem remaininp ~~aW 7 day~ ahar
each sutqedinp p~ym~nt d~f~.
E+ch m~kK, wrtty ~nd endorser hereef, joinNy aed teverally, waive~ demand. presentment protest snd notic~ of protest fw nonpsyment, ~nd hrrtMt
agrees to any extension of Yxns of p~yms~L eitMr before w after maturity, wirhout ~ot~ce to any of us; aod to pay all costt of collectio~, inclvd~np ~
reasonsbk atta~ey i fee in the event of any default he~eunder, and i?~reby sever~lly waives aIl benefit oi homestead and ezemption under the oo~stifufton
and Iaws of euh Stah of tM United Sqte~, as ayainit thii oblig~tan w ~ny extensan a?enew~l hereof.
Nfitn~ss th~ hsnd and se~l of each party.
~l_j,pnnie Stubbs ~
. Sf Deisg Lee Sr.uht~c ~U
. (S~wU
~ $ ~ _ 10 ) sr.» Rwn?u. ~
(5t~mps canodbd on pqin~l tqt~)
NOW, THEREFORE, tM NWRTGAGOR fw the pwpose of tecurirg paymcnt of sa7d sum oi s- 3.~L~~ . 00 .~nd tM p~rfe.m~ncs of th~
covenanh and a~~~em~nq her~iryft~r e:pressed, and fw dven poad a+d valwbl~ consideratans, by tF~e preteny, does qrant, bary~in, sell, remise,
release, caiwy and oonPum unfo tM MORTGAGEE, its wuesson ~nd ~ui9ns, ~11 tMt urt~in lW, pi~c~ or parcel of land, titwt~, lyinp, and beinp fn th~
County of S t~ r.t~ i A .~nd Stat~ of Fb?ids, dswibad as fdlow~:
Lot l, Block 11, of SUNNY ACRES SUBDIVISION, as per plat thereof recorded in
~lat Book 8, at page 2s, of the Public Recorda of St. Lucie County, Florida, -
Oi ~N *~tM~~t~~
~ G18~E pf 11~1.
. p _~~~~G tN~ER~724•1? 8
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QO~RAy, G1eM. ~~ES -
c~ F~'.. DOCUMENT~E'-~;~TND1P 'f'A`~ RpG~R r C~;tt15 ~
~ Z = =r,~~;: - = p,ge~~ FO jcx
J~ = FE624~~ 2;.,t~~~, ~ _ ps
~ V Ca1kPTROLIER I O~ St•U~ pfcPU~ C
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rogether with al) and sinpulu tM ten~n»nb, heredit~ments snd ~pEwnances tl+ere~mto beloepirg w in anywi~e ~ppertaininp tF~ereb, and all renti, Issu~s,
proceeds and profits ~oavinp and to sccrw from said premises, all of whid+ ~re i~ctvdeJ in ths sbov~ and for s
+Qoi^Q dewiption ud habsndum.
TO HAVE AN~ TO HOI~ tiw ai~ovs destribed ~nd yrsnfed premises vnto ~M aid MORT6AGEE, its svaessors snd auiyin forewr. And th~ N1d
MORTGAGOit fa th$ i r heirs, e:ecuton, adminFatnton and augns, hereby tov~n~nn with the ~aid MORTGAGEE, its wot~ssors and assipna,
rhar - t~~ -tLe ~,/~ty seu~d of tl+s sad premises in fee simple: that tFw sam~ u~ fre~, clsu and discMryed from all li~m and urcwir
b~ences in law a in puity, and tha* th8~ will ~nd their hein shall wu~ant and defend th~ titl~ fo th~ sam~ to th~ s~id
MORTGAGEE. Hs woc~ason a~d ~ugro, forever psirot the Iawful claims and demse~ds of all perwroj
PROVIDED. AlWAYS th~t lf th~ MpRTGAGOR sh~ll pay unto tM MQRTGAGEE tFw promissory eot~ hertinbefor~ dacribed and shall trvly, promptM
ar.d fully perform, d'qclNrp~ ~x~cut~, complett, complY with and abide by esch and every the stipulatioro, preem~nts, tondit~au ~nd covauMS of taid
promiuory noh and of thit Mor~yap~, t}nn this Mwt9s~~ and the Est~te hereby nested aF~all ceas~ and b~ rwtl and void.
IT IS UNDERSTOOD Nwt th~ wwd "Mwty~or" whether in ths singular w plwal anywhet~ in this Mwtpaye. ~hall b~ sinpulu if on~ onl~ f
:hell be plurd ~O&?tly and itveaUy if mon than on~, and thaf the word "their" as used snywhere in this Mortyspe shdl be taken to mean •'his,~ •'h~q,••
w"its," wh~r~var tht oontuH w implies or ~dmiy. Abo, th~t wherever there is • r~ference in tM covenanq ~nd ayreementi hKSin oont~ined to arnr of
rhe p+rties Mr~to, the wm~ atwll b~ oorutruad to me~n ~s well ~s the heirs, kyal npresenratives, wcceasors and aasiy~u (eithe~ mlunfsry by ~d of th~
Fartief w involuroary by opKaYan of tFw law) of the s~rns ~nd that tix covensnn hereie contai~sd shsll bind and tM benefin and advantpa irwre
ro ths r~sp~ctlw h~in, bp~l r~pre~ent~tiws, s~ocessas and aupyry of tM parties hereto.
Md uW Mwf9~pors, for tlnen~elves ~nd tinir fiein. I~pat r~pre~entatives, waeuur~ and auigro, hereby joinrly and sevarally covsnar?t and pne
to end with th~ s~id Al10RTCsAGEE. ita woaaaas and assiym:
1. To pay dl and sinpular th~ princip~l and interest aod the vuian and sundry wms of moneY WY~bI~ br virtw of aid Promisfo?Y not~, a~d thts
mortp~Qe, Mch and ~wrY. P?~P~~Y o~ th~ days respectively tM ssm~ wv~r~((y lxcortw dw.
2. To p~y ~II ~nd ~i~gvlar t(r uza, au~ssm~nts. {wies. Iiabilitiea, obfiyatam and e~uwnbn~as of svery natur~ and kind raw on aaid daaib~d
wopeAY, a that Mnahu ~y b~ impowd, wffer~d, placed, kvi~d, a ~sses~ed thereon, or th~t hereafter may b~ Iwied w aswswd ~ipon tF~ Morq-
aye, w tl» Ind~bt~ss Ncund har~by. Nch and wNy. WMn dw and p~yable, aocwdi~p to law, befon they becar~ dNinqueM. ~nd btfwt any tnta~st
atrachet w any pe~aky is incwrsd; /??rD lNSbFAR AS ANY THfREOF IS Of RKORD iHE SAME SHALL SE PROMPiLY SATISFIEO AND pISCHARGED Of
RECORO AND THE ORIGINAt OFfIC1AL OOCWNENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OffIC1AlLY ENOORSf~
OR CERTIf1ED) SFiAII 6E PIACED IN THE HAN06 Of SAfD N{pRTGAGEf WiTHiN tEN DAYS ~IfXT /tFTER ~AYMfNT; and in the tvent that any tlnreof Is ea1
paid, sat:afied ~nd d7sd+arQed sa;d 1MORTGAGEE msy at any t~ psy tM ssme w~n
Y part rhereof without waivirg ot ~ffettirg any option, lien, eqvity q
•~aht ur~r or by virtw of thii mortya~ ~nd the full ~mount of e~ch ard every wch p~yment ~Mall be immediately due snd payable ar?d shall beu inta~st ~
~~om rh~ dat~ tFwwf vntFl paid N nf~ of nine per cenfvm par annum er with wch interest ahall be secured by tM lien of th:s morptap~. !
Ea ~~.~`4 PAGf z~o4
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