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HomeMy WebLinkAbout2442 18 ~ ~~13 ~ i THIS INDENTURE, Mad~ the ~nth dsy of ~C@IDbc3Y A.D. ~9 69 between Essie Mae Stone, formerlv fissie Mae Ward~~d Homer B Stone~ her husband of St. I.LiCl@ , ~ounty Florid+, ha~inaftK dssipnated +s ths "MORTGAGOR;' ~nd FIRST FEDERAI SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE, • corporation orpaoized ~nd ~ziuinq und~. th~ law~ of tM Unit~d Star~s of Americ~ ~nd havlnp in principal placs of buiiMSS tn tM City of forl PiKC~, St. Lucie Cou~ty, Fbrida, hN~in~fla d~sipnat~d u th~ "MORIGAGEE:' WHEREAS ths MORiGAGOR b jvstly Ir~bt~d ro th~ MORTGAGEE in th~ wm of =~.~~0-~ good and lawfvl mauy of 1he Un~tcd States ~dvanced by tM MORTGAGEE unto ths MORTGAGOR, as evidenced by a cert~in promiswry note of evee~ date herewith, of whtch tix followin~ in words ~nd fpures is a trw copy. fo-wit: ~ S, 000 . 00 16 .11 O _ ~ P~~.. Fia~,. December 20 ~y~t9_ For vaius received, I, we or either of vi, promise to pay, witFw~t defalutioo, to tl+~ order of fIRS? FE~ERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pimce, Florid~, the svm of s~.F~~ with interest from date af the rah of ~..5.% pe~ ~~urti in monthly install- ments ss follows: S 50•O0 on the day o{ Februarv ~~9~Q ~nd a like s~m on the cwreipondirg dsy of eacF~ month therr aitcr until the whole be tully paid. Euh instaitment first shall b~ applied in payment of tFw Interest sod then oe~ the unpsid balance of the principal sum. If default is msde in the payment of a~y insul{ment when due, and such defa~h continues 30 days, the~+ ~t ehe opYan of tFa holder, and withou~ a~y otF+er notice, afl the remaining installmen~s shail be due a~d payabfe it once. Privileg~ is ~ivcn to prepaY this ~ote in whole o~ In parl sf ~ny time without penslty. Neither 4orebearancs, i no? acceptance by the ho(der thereof after sny dehult 1~ ar~Y paYmeros hereon, shall b~ deemed extension. A Iste paymeM cMrge of •5O shall bs added to each installment remainit~y unpsid 7 days afte~ i» due date, and a liks tum shall be added ro eatfi such i~?stallment remaining vopaid 7 days after esch succeeding paYmaM date. Each maker, surety and endorser Ixraof, joindy and severally, waives demand, p~esentment protest and no~ice of protesl for nonpayment, and further ag~ees to any extension of tim~ of p~yment, either beforc w ~fter m~turity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney i fee in the event of any default herevndar, ~nd F?ereby severalty waives all benefit oF homestead and exemption under the co~stitution and laws of each Srate of the Un7ted Srates, as agaimt this obli~ation or any extentian w renewsl hereof. Witneu the hand and seal of each perty. /s~ fissie Mae Stone, formerZv ~U Bssie Mae Ward ~i~ cse~w /s/ Homer S. Stone ~qy ~ 7 . SO ~ Stste Rwenw (Stsmps untelled o~ otiyittal note) ~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvring p~yment of uid sum of S S~~~ , and the performa?~cs of ths covenann and agreements hereinafter expressed, and for diven pood u~d v~lwblt cauideraYwns, by these preaent~, does graM, bar~ain, sell, remise, release, convey snd confirm unto the MORTGAGEE, its sucuuors and assigns, dl that certsio bL piec.~ or partel of Isnd, iituate, lyiny, and being in ths Counry of St - Iu-cl Q . and Stat~ of Florids, d~scribed as follows: Lot 16, of Block "B" of W6ST END ADDITION, as per plat thereof on file in Plat Book 2, Page S, of the public records of St. Lucie County, FZorida,r' ~ RECEl~_c~ s_ ~Q` „~i ~ a D:'f Ci: - - P.4.'Lfr..j ~F 7AXES ~ . P~.:,_.',:tif O~C ;?TNPp~'rBLE r,~~,~-, ?itt;~ER7Y ~ F. 5 ~~A t oF ~ L V-- - . rcc-^ Goct' ciE- ~i ' GF I~~~. ' ~ D O C U M E N T A p ~ F~ I l.~ A ,r, C i~: G 2 C~•_. t i ' " = oo,,,,t STAN~P TA, a~ A;,~ r t icr DANI~ L N. K;! G 1' l~ S, 1 R ~ N o - D E C 2 2'69 r 9'----."'--~ St L~~ie CoDcctor t~ - { ~ 7 Caur, ~~~~t~ ~ = Tax : P.B 1901;8 _ R 5~' ~r t ~ } °~"Y c~c 1 f ! ~ toqethet w~th •11 ard singvlar rhe tenen~ents, heredit~mann snd appurtsnus tMrwnto bela+ying a fn a~ryrwis~ ~ppertsinirg tF~ereto. ~nd ~II rents, issws, proceeds and profin accruiny ~nd to sccr~re from said premises. ~II of whid~ an includad in th~ abov~ a~d fweqoirg descriptan Md Fiabenelwn. ! TO HAVE AND TO HOW th~ above described ~nd yranted premises ~nto tf~ s+id MORTGAGEE, its wocesso~s and astiyns for~vei. Md th~ safd MORTGAGOR fw t he' r- h~in, executon, ~dministr~ton ~nd ~uiyro, hersby covsnaota with tM ssid MORTGAGEE, i» waessws and a~sipro, that thev are ~~„{~~fy ~ the s~id premisea in fee simpl~t tMt th~ sarm u~ frN, cl~ar and d'aclurped from all li~ns ud Mcvrtr brances in I~w w in equity, u~d thae they will ~nd their hein sMll w~rr~nt and defend the title to tM s~rr~ to tlw said MORTGAGEE, ib s~ccessws snd sugro, faever pairot tM Iswful d+ims and d~mands af ali peno~s= PROVIDED, AlWAYS thst if tM MORTCaAGOR ahall pay tx»o tM NWRTGAGEE iM promisfwy note hereinbefw~ destribed and shall truiy, promptly a~d fulty pcrform, disch~rye. exetut~, compl~te, comply with ~nd abide by exh ~nd every the sYipulsta% ayraements, conditions and aoven+nb of s+id promiuwy no» ud of tha Mwt9sye, tlxn this Mort9+ps ~nd th~ Estat~ her~by ueat~d sMll uss~ and M rwll and void. IT IS UNDERSTOOD tFwt tM word "Mwty+yor' whether in tlw sirqular w pl~ral ~nywMr~ in tF~is Mortyspe, ahall b~ sinyular if on~ o~ly and sh~ll be plur~l jointly u~d s~+rerally H mw~ th~n one. ~nd that tM word °their' ~s vsed artywhere in this Mwfp~ shall be t~ken to mean "his,•• „h~n" or "its," wherever the context w implias or ~dmits. Alw, that whereva then is a r~fKence in tM cove~n s~d sgr~emena herein oonta'uNd to arry of tM panies h~reto, ths sam~ ~hall b~ cantrued to me~n ~s well u tM hein, la9al r~presentatives, wa~ssors and ~ssi~ns (sither volur~tary by sct of th~ psrY~s or invol~nsary by opsration of tM law) oi fhe sarrw and tMt the oove~+nb Fwr~in contain~d sMll bind and tFw beMfib snd ~dva~tsyes Gwn ro the respectiw hein. Ipal repres~ntatrves, succeiwn and ass?qns of th~ part'MS hereto. Md said Mwtya~ors, for tMms~{ws and tMir hein, I~pal r~pr~sentatives, suoc~ssws and ~uiyro. hereby iointty ~MI NvMilly QovMYn~ and ~rN to u+d with fhe said MORTGAGEE, in wotetwn ~nd ~ssg~s: 1. to psy atl a~d sinp~lar rh~ principa! ar~d in~erest and t!w v~rious and we~y wms of mo~ey paYaW~ by v&tw of said pran'~swry not~. ~nd thb mortp~ye. ~ach and ~vuy. P~a^Pty on the days napectivtly tFw ~am~ ~v~r~lly becorn~ dw. 2. To pay all ~nd sinpular tM tsxes. ~s~taurwnn, I~vias, Ilabllitiss, oblip~Yiau and encwnbrsnus of ~very e+atw~ and ki~d now on s~id dewib~d propsery, w th~t heresflK may b~ NnpoNd, suffard, plaad. Irvied, a amsNd tMnon„ a th~t Mr~~ftar may b~ I~v'Nd or asteased vpon thh Morp- t ap~, a th~ indebt~dness ~ecur~d her~by. ~ad~ ~nd ~wrY, wFwn dw and p~yabl~, ~ccadinp to I~w, befort tl~ey bacane d~linquent, and befort ~~y kNKest •ttache~ w a~ryr ptnalty is incvrred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAIt SE PROMPTIY SATISFIED AND DISCHARGED Of RKORD AIYD THf ORIGINAI OFFlt1Al OOCUMENT (SUCH AS, fOR INSTANCE. THE 7AX RKEIPi OR THE SATISfACTION PMER OFfIC1AllY ENDORSED OR CERTIFIED) SHAtI SE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEF(T; and in the tvent th~t ar~y tlweof is +at paid, at:sfied and discharped srd MORTGAGEE rr~y ~f ~ny time pay the same a iny part thaeof witlw~t w~ivinp w~ffectinp any opYwn. lien, equiry or ~ipF~t unde~ w by viAVe of this mottga~e ~nd th! full ~mount of e+ch and every wch psymeM sM+ll be invnediately dw and pay~bk and shall b~ar iMerest ~.om the date th~reof wHil pa~d at r~t~ of nirw per u~tum per annum and topethe~ w~th sucl+ interesr shal! be secvred by tM lien of th:s morytape. ~ eoo~~~1 P~~E244~ ~y~_ - - _ _ _ _ t~a