HomeMy WebLinkAbout2629 ` i 1 , .s
THIS INDENTURE. M+d~ ti+~ l~th ~y pf r~arch A.D. 19_6~twNn
~arl L. Stokes and [~tamie Joyce Stokes~ h~s wife,
.
of Saint Lucie ~pm~y F~~, ~r~Inatta dt~~p~at~d ~s 1M "MORTGAGOR,° u?d FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE. a owporation apaniz~d and ~xislinp w+dM tM I~vin of tM Ur?it~d Suta of M?~~k~ snd havinp ip prtncipal plu~ of
busirna h 1M C!q of Forf Piaa. St. l~ci~ County. Flakla. Mroin~hK d~siynal~d ~s fFw "MORTGAGEE."
WHEREAS fh~ MORTGAGOR it ~ntly ind~btad to th~ MORTGAGEE in t~ wm of : 6~ 5~ yood and lawful maNy~of ths vnited
Srst~s advanc~d by ti» MORTGAGEE unto tM MORTGAGOR, as ~vidaitad by a cMain promissay lat~ of even da~~ herewith, of which 1M ~ollovuinp In.
W~da ~f~ , r.w ~r. ro-wtr. 14 ~ 7' 62
~ ~ ~ ~ N°
~ Pi~.c., ~o.~d., March 11 ,p 68
fw valw rsceived, 1, we w either of ~i, promite to pay, without def~lcation, to ths order of FIRST FEDERAL SAVINGS AkD LOAP1 ~iSSOC1ATtpN_ OF
. FORT P~ERCE at foA Pierc~, Fbrida, ths sum of with intereit f~om date st tlw rate of 7 'J6 ps~ ux+wn. in mo+?thly, butalM
mems u follows: t 67'~ on tM 1'~thd~y of ~`lay _ i968 and • like ium on ths cwre~pondinp d~y of esch month ther~- '
i
after until the whole be fully p~id.
Each irtsullm~nt first shall b~ applied in p~yment of the intersst and then on the unpaid bal~nce of 1M p?inNpil wm. If detault b mad~ h tM
payment of sny inst~llment wM+~ dw, and such def~ult continues 30 days, then ~t th~ optan of the holder, ~e~d without any othar notice, tll tF+~ remainir~
~nstallm~nn ~MII be dw and payable at once. Privil~y~ ii given ro prepaY fha note in whole o? in p~rt ~t ~~y time without penalty. •Neltha fw~bsarance,
rwr ~a~ptanc~ by tM holda tFwreof sfle~ any default in ~nY p+Ymen:s hereon, sh+ll be de~med extension. A I~te p+yment char~e of = 3•35~ y~ll b~
added ro~+ch installment r~mainin~ unpaid 7 days afta in dw dat~, and a liks swn ah+ll be +dded to each such in~t~llm~nf remaininp unpaid 7 daya ahet
each wceeedinp p+ymaN date. ,
E+ch m+ka. wrety ~nd tndorsa he?eof, jointly ~nd severdly, w+ives demand. presentment protest and notice of protest for nonpayment, ~nd furtMr
agrees to any exten~ion of time of payment, cither before a ~ftcr maturity, without not~ce to +~y of vs; and to pay ell rnst~ of collectio++, lncludinp a
reasonable attwney's fes in the event of ~ny def~ull herwnder, and Mreby ieverally waives all benefit of homestcad and e:emption under tM oaatifulbn
and laws of each Sqte of tM United States, as ~gsinst this obligatan a any ~xteesion a renewal hereof.
Witnsss tM h~nd and sesl of each party.
/s/Earl L. Stokes ~
ts~?U
s amie oyce S o es ~
(s~?U
9.7 5 i sut~ R.wnw
(sh~nps uno.ll~d o0 oriptn~l not~) 6, 500.00
NOW, THEREFORE, tM MORTGAGOR for the puryo~ of secvrirg p~yment of taid w~n of ~ . and tM performance of th~
cov~n~nri and apnem~nb hereinah~r ~xpreued. ~+d iw diven 9ood ~nd wlwbl~ canidN~tions, by tlws~ presents, does pwM, bary~in, s~ll, ~tmi~e,
relsas~, convnr and conf'um ~nto,tl+~ MORTGAGEE, it~ succ.~uws ~nd ~uiyns, dl th~t unain bt, pi~a or p~rul of land, sit~st~, lyinp, and b~irg in tl+~
~~ry ~ Saint Lucie ~~,t. of florida, d.Kr~sd .s fdlowu
~Lot~ S and 6~ Block 6~ ~:EYSTOYE 1-~IGI~TS SiBDIVISION, as per plat thereof
recorded in Plat Book 10~ at pa~e 52, public records of St. Lucie County~
Florida,
RE)LE1Ym O~
= IN PAYMENTOFt/1xEa
. DUEON CU198'C' INTANGIBIE PERSOMAI rROpER'ry,
' r111lSUAMT TO CHAPTER 2p72~, ACTS OF 1 W l.
' ROCER POITRAS. Cl~rk Cietuif Court
;
os Ag«~! ior CURTIS M. JAMES
' St tLw Tax Copector
' W 5 1~%I t ~F t-LU4~tIf~A
I c~ ~ DOCUMEN,~Ap" STA~iP TAX a
~ ~ ~ _ na~tirss = o~ruTr c~ec
,
E ~ U ~ ~e.f V I
~ N Co14A7ROLlER ~
P.B. ~9o~aa
s
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~ eoyetlwr with all u~d sinpular th~ tenerMnts, heredtaments ~nd ~ppunanus therwnto belagirg or in anywbe ~ppert~ininp thenlo. ~nd all nr?b, bswa,
~ proceeds and profib sovvinp and to accrw from said premises all of whid~ u~ uxl~xJed in th~ ~bov~ u~d forpoirg description and h+bandwn.
~ TO HAVE ANRt~e4~L0 tF~e aban d~scribed and ywnt~d pr~miies unto th~ wid MORTGAGEE, its suoceuws and assges forwa. Md tM wid
~ MORTG GOR fw Min, eaecuton, adminfstr~tors snd ~uiym, Mnby cov~~+ts wit1~ tF~e said NIORTGAGEE, itt wass~as ~nd a~sipn~. '
~ t~ey are
rhit IawFullr wiset! of tM s+id p~emi~ in f~e ;'rnple; that tM ~ame ~r~ frw.. ckar and discl~up~d from all Ik+b and ~ncwm ~
br~nces io I+w or in equity, and ths* they w~ii ~ their ~II warant and def~nd tl+~ titb ro tl» s+m~ to th~ safd
~ MORTGAGEE, its suasasors ~nd usipea, fwewr apainat tFw lawful elaimt and d~m~nd~ of all p~rsaut
~ PROVIDEC. ALWAYS thst if th~ MORTGAGOR ~hall pay unto the MORTGAGEE the praniswry not~ hK~inb~for~ d~wibed +nd shdl truly, ptomptly
~ .nd fvDy perform, disd++~. ~xecut~, comPbt~, comPh witF~ ~nd ~bide by each uid w~ry the ~tip~rlations, syreemenb, condNiorn ~nd covanu?b of said ~
_ promisiay not~ and of thb Allort~ap~, tMn tha Morty~ye and tM Estat~ hasbp v~ated sh~ll c~aK and b~ null a+d wid. f
IT IS UNDERSTOOD thst 11+~ word "AAwt9syor" whether in fhe sinpular or plwal anywh~r~ in this Mortyap~, shall be sinpvl~r if on~ only ud j
•hall b~ plur~l jointly u~d ~everatly if mw~ tMn one, snd that th~ word "th~ir" as used ~nywh~r~ in tha Mortype sMll b~ tak~n to m~an "his.•• •7+tn.•• ~
q or ••its." whtrwtr tM conttxt so implies a admits. Alw, that wherwK ther~ h a nferenoe io th~ covtnants and ~r~emenh herein oontaieMd to ~ny of
tFN p~rties her~to, the a+m~ ~hall b~ construed to me~n as vv~ll u ths hein. Ip~l rep~esentatives, wooeswn ~nd auipns (~ithe~ vduntary by act of th~
~ parYNS w Involunt~ry by operation of the I~rv) of tM same ~nd that tM coven~nn h~r~in aontainad ahall bind u~d tM b~n~fib ~nd ~dvantapa itwn '
~ ro tM r~spediw MPn. I~pat representatiws, wueasas and ~u?yns of tM p~rti~s bareta ~
~ /1nd ~aid Nlortyayon, for thsmselves and their Fiein, lep+l rep~esenutiv~s, waeuws ~nd auipro, henby Iointly snd wvtrally oovtn+M arx! ~pr~e ~
- to Md witF~ thR said MORTGAGEE, in sutctswrs ~nd ~signr. ~
f 1. To pay dl and slrgsila~ th~ princip+l and int~?at and thi vuiovs ~nd ~undry wms of morny WY+blt bY virtw of aid promiswry nob. +nd this
~ mortppe, ad+ and every. P~a^P~h a+ t!~ days rap~cYw~ly tht saen~ sw~rdly becorrw dw. ~
~ 2. To pay dl u+d ~i~gul~r th~ taxes, asses~men~. I~vies, liabilitia. oblip+Yam and ~ncumbr~nc~s of wery n~hx~ ~nd kind now on said d~svib~d ~
prop~rry, or Mwt IM/NftN m~y b~ imposad, suffaed. Pbad. Iwied, a ~ssased th~reoe, w th~t hereshN may b~ levied or assessed upon thk Mortp~
ay~, a tM iod~btedrwss uux~d hsreby. ~ch ~+d ~vKy, wMn dw ~nd payabM. ~ccwdirg ro law, befw~ thty bscom~ delirpu~nt, snd b~ion +nY ~ta~s~
•,rachn «•nr Pen.lry a s~,cv..ed: AND INSOfAR AS THEREOF tS OF RKORO THE SAME SHAIL 6E PROMPiIY SATISf1ED AND DISCHARGED OF
RECORD ANO THE ORIGINAL OFFICIAI :~OCUMENT (SUC~ A5, fOR INSTANCE, TNE TAX RKEIPT OR THE SATISFACTION PAPER ~OFfIC1AllY ENDORSED
OR CERTIFlEO) SHAII 6E PUCED IN THE HANDS OF SAID NWRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ti+~ went th~t any th~raof a rwt
~ paid, sat:sfied and disciw9ed s~A NIORTGAGEE may at ~ny tim~ pay tM sarn~ w ~nr p+?t thsrwf withovt w~ivinp a affectinp any option, lien. ~qvity a
~ •iqht unda a by viitue of tha mortpay~ ~nd tl+e fvll ~moum of each and wery such p+yment ~hall b~ Krwnedi~tely dw and p~y~bb a~d ~hall btar ieH~nst
~ ~.om th~ d~te the+~of until paid tt r~te of nin~ per ca+tum p~r ~nrwrn and topHMt w~th s~xh intNest shalf be sen+r~d bY tM li~n of th:s nwr~ptp~.
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