HomeMy WebLinkAbout0264 2U06i2
THIS INDENTURE. AMd~ tM Sth day of ~'1ovo~Q= . ~.o. w~Q. ee~.«+
l.onni~ Stubbs aad Da~y~~• Stubbj~ his .ite
~
of - St. l.uci~ ' ,~p~~ty Flo~~d~, hereitifle~ dcil~~led +s the "y1pRTGAGOR;' •nd FIRST fEDfRAL SAVINGS AND tOAN ~
ASSOCiAT10N Of fORt PIERCE. ~ cwporatwn orpanezed and ex~~~~~~g unde~ tM I~vw of tM Unif~d Sut~i of Am~r~p and Mvinp in pri~cipal plac~ of
busiiaa in th~ City of Fort PiKC~, St. luci~ Counry, flaida, Iro~einai~sr desp~~ted st tM "MORIGAGEE:' ~
WHEREAS fM MORTGAGpR is jvitly i~debted to tht MORTGAGEE ie+ the sum of S 7~ ~0~ good and tawful money ol t!u Un~ted ~
Stat~s advanced by ths MORiGAGEE u~to tFro MORiGAGOR, as ~vidanced by s tenain promissory note of even date herewith, of which the folbwinp in
wada ~nd fyury ii a trw copY, to-wit: .
= 7,5~0.00 . ~_5~16,61~
Fott Pisrc~, Flwida, ~V~~@= 5 19 70
For valve received, 1, we or either of ~s, promise to pay, wethout defatcation, to tix orde. of FiRST FfDfRAI SAVlNGS AND IOAN ASSOCIATION Of
fORT PIERCE al Fort Vierte, florida, 1he sum of = 7~5~~~ with interest f~om date at the ~ate of8~75g'o pe? a~num, i~ monthly in~tall-
ments st follows: = 75-~ oe the ~~tlday of ~Q~~~r 19__~ and a Gke sum o~ the cwrespo~dug day of esch month therr
aiter until the whole be fully paid.
Eath installment firtt shell be appGed in payment 8f the interest and ~hzn on the unpai~ balance of the prinupal wm_ If defaulf is rt?ade in 1hO }
payment of ~ny installment when due, and such defau!r co~tinues 30 days, rhen at the opt;on of rhe holder, and w~~hout any other r+otrce, all the rem~inin~
~ns?~Itme~~ls shall be due a~ payabte at on:e. Privil¢g@ is 9~ven to prepay this note in whole ot in part at any time without penalty. Neither forebearanc~,
nor atceptanc! by the holder thereof aftar any defavlt in any payments her~on, shali be deemed extension. A late payme~t chuge of = 3~ 75 sF?all b~
added lo rach installment remaining vnpa~d 7 days afte~ its due date, and a t~ke sum shall be added to each such installment rtmaining uopaid 7 d~ys ~fttr
each succseding paymmt date.
Eath msker, surery and endorser hereof, pointly ar+d severally, wa~ves demand, presentment p~otest and notice of protest for nonpayment, and turther
agrees lo any extensan of time of payment, either belore o~ a4ter matu~ity, without notice to any of us; and to pay al! costf ot tplkction, Gxlvdinp ~
reasonable attwneyi fee in the event of any default hereunder, and he:eby severally waives aai benefit of homestead and exemption unda the cotutitutbn
and I~ws of each. State of the United States, as against this obligation or any extens~on w renewal hereof.
Witness the hand arld seal ~f each party.
r~ ~ `;~~~~t -~~iQ Stubbs 1~?U
. . t . . ~
~ ~ ~ i~ • 1-:/s/ Daisy LeQ Stubba ~
_ (s~u~
~ S` Z Z~ Z S ~ St~te Revenue
~ .
NOW, THERfFORf, rhe MORiGAGOR ior rhe pvrpose of securing ~ymeN of ~sid sum of S T f 5~ . a~d the
performsnce of tM
covenann and ~y.eeme~n hereina(ter expreued, and for d~Yers good and valuaDk cauiderat~ons, by thess presents, does grant, ba~~ain, setl, remise,
relcase, oonwy and coniirm ur,to the MORTGAGEE, its succeasors and auigns, alI that cerra~rt lot, piece a parcel of Isnd, sitwte, lyirg, and bairg in tM
~~b of ~.~1Cie artd State of Florida, desuibed ~s (ollows:
Lot l, Block 11, SUNNY ACRBS SUBDIVISION, as pes plat therQOf
recorded in Plat Book 8, paye 25, Public RQCOSds of St. Lucie
Couaty, Florids,,/
~ECEIVED S-/-S • O~ IN PA`lJ~fENT Of TJUfES
E ON CLASS 'C INTANGlBLE PERSONAL P^OPERnf,
PURSZ'AHT TO CHAPTER 20724. ACTS Of 19~t1.
COG~R FOlii',1iS, Clerk Circuit Court
. aS R~e~i ter G,1tr'(1 M. Ki:01Y~`_S, 1R
. St Lu~ie Ccu: t/ Tax Ccli:c x
r~ u t-t ~ ts~? e~ ~
p.r TAN~?Ax ' DEPUtY Clidic
n ~ DOCU~Et~.1A:; ~ =
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M U COU{pT~l-~R ~ •
v' P.B. ~+o~sa
top~thp w7th sll and sing~la~ the tenemsntt, he~ed~~sments and appwtances tMreuoro belaginy w in anywise sppertainirg ths+tro. Md ~11 hnri, ksup,
p~oc~eds a~d pro/~n acauirg ~nd ro accn?e from said piemises, iU of whidi ue ~ncl„ded i~? th~ sbove and fae9anp d~wiption a~d Iwbendwrw
TO HAYF AND TO HOID ths abow described and grsnted premises unto tl~e aaid NWRTGAGEE, in waessors and assipro forevK. Md th~ s~id
M40RTGAGOR fa th~i= hein, execwon, sdministratws snd auigns, hereby covenants with tM said MORTGAGEE, its wte~sson and a~sipna,
rhat tbQY ~Ye lawfully seized of the said prem~s~s in fee wnplr, ttwt the sare~ ar~ fr~e, cbar and discFwr~d from all li~ns ~nd Mcvn~
brances in bw w a+ equity, and that thly will ~nd L~f ~ hein shall warrant and defend tlr titl~ b tM sam~ w th~ saW
MORiGAGEE. iri successas and sugns, faeve~ ayainst the tswfvt ctaims and demand~ of s!1 persons:
PROVi0E0, ALWAYS thst if the M10RTGACaOR shaN p~y vnto the MpliTGAGEF tl~s promissory note hersinbefa~ datrib~d and sMH VuIY, prornptl~r
and fully perfwm, dischu~e, exetwe, compkte, comply wi~h and abide by each and every the stipulations. aqresir~enri, conditiorn ~nd covenaiNS of s~id
promis~wy nott and of this Mortgape, then this Mort9age and the Eatate he~eby veated thatl ceas~ ~nd be nuU and . void.
IT IS UNDERSTOOp that tht wwd "Mortgagor" wF~ethe? in the singulu or plwal a~ywi~e~e in this Mortysp~, sMll b~ sinpvlar if orN only ~nd
~h~ll be plunl jointly ~nd ~evaa{ly it more tMn one, and that the wwd °theu' ss ~rsed a~ywhere in th~ Mor~ya~ shatl b~ taken to nwsn "I~i~," "Iw~s,"
u"its," wherever the cont~:t w implies or admirs. Afso, that whe?eva there is s reference in the ~ovenan» and praeenents her~in corttairMd to arry of
rh~ p~rties har~to, the wrne ahall bs ca»trved to me+n ai well as the heirs, kgal representativp, succtssors and +uigro (titF~ voluntary by act of tlN
partip o? involuntuy by operation of the law) o( the same snd tMt the covenants herein contained shatl bind ~nd the b~ntfiri and advantap~s iiwr~
to th~ reapeUir~ Min, ts~al representatives, iucccswn and au~yns of tM psrtie~ heteto.
Md ~aid Morty~yws, (or thsmselves ud the~r he;.t, leQal iep~esemariva, successors and ~uiym, heteby jointly and stvually covMant and ~K ~
to and with tM ~aid NWRTGAGEE, its successort and ~ssigns:
1. To pa~ all u~d sinpvla~ th~ princ7pal and interest and the various ~~d sundry svms of money paYabk by virtw of said p~omissory noN, and thi~
n+ortype. ~ach and ~wry. P?omPtty on t!w day~ ~espectivaly ~he um~ uver~lly txca+w dus.
2. To pay ~N ud a'wgubr th~ taxe~, auesur~eat~, lev;es. Iiabilities, obliyatipn and ~ncumbra~ces of tvery rwtur~ ~nd kind now o~ ~aid d~wlb~d
propNty, ot tMt I~a~aft~r may b~ irnposed, suffer~d. pl~c~d, levied, or ~~s~ued ther~on, o~ that ha~aft~? may br levi~d a a~~aNd ~i{wn MM Marp-
+p~, w fM Md~bt~a Ncw~ her~by, tach ~nd wery, when due ~nd payabb, ~acwdirg ro law, bsfw~ tMy btcane d~llnquenf, and b~fon aery MM~rMt
attxMs or anJr pen~hy i~ incur~ed; AND INSOFAR AS ANY iHEREOF IS OF RKORD TME SAME SHAII 6E PROMP~LY SATISFIED AND OtSCHARGEp OF
RKORD AND THE ORlGINAL OFFICtAI DOCUJMENT (SUCH A5, FOR INSIANCE, THE TAX RE~EtPT OR tHE SI1115fACT(ON PAPER OfflCiAitY ENDORSfD
OR CERTIfIE~ SHAII SE iU1CED IN IMF NANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNI~NT; and in the twm lhat ~ny tMnof is no1
paid, wYifi~d and dixhuy~d sa:d MORTGAGEE may at any t~me pay tM same a s~y part therwf withovt waiv'a~y w afftctirq a~y option, Ii~n, tquiry p
•phf ~~dar w by virtue of ti~is mo?t9aqe a~d the full amount of cach and every wch payment shaN bt imnediately dw and pay~ble and shall bex irH~rqt
~~an tM daq the~sof ~nti1 paid ~t r~te of nine per centum per •nnum and top~tAer wAh wch inter'~ be secured by tF?e lien of th:s mwyfap~.
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