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TMIS INDENTURE. Mad~ the 1bLh d+y of February • M;p~~,''7~ ~etw~en
Emory Stevens and Lois A. Stevens, his wi e
of St •~'~1e County Florida, hereinaf~ar deignated +s the "MORTGAGOR." and FIRST FEDERAt SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corporat~on organ~:ed and ex~~~iny unde~ Ih~ laws of ~M Un~ted Surot of America ~nd Mvirp iq principal pt~c~ of
bui~nesf in tM City of Fort Piacs, St. lucie County, Florida, herein~ft~r detipnared as tFu "MORTGAGEE:' '
W?fERtAS ths MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of f 5~ 50O good snd lawful mo~ey of Ihe Un~ted
Srates adranced by the MORIGAGEE ur.to ~he MORfGAGOR, es ev~denced by a cer~a~n prom~sswy note of even da~e herewith, of wh~ch the (oUowfng in ~
nordi a~d f~yures is a trve copy, to-wi~:
s S,SOO.00 r,~,_3-17~975
~ v~..~.. Fio.~d.. February 16 ~y 72
Fw value ~eceived. 1, we or either of us, prom,se to pay, without defalcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF
cORT PIERCE at forf P~erce, Ftorida, the s~m of s_ St~~!~ _ w~~h ~nrerrst irom date at the rate of 8•~~°~6 per annu:n, in monthly im~all-
r•~rnlf as fol!ows: S S3 on ~he _1 S L d+y of A~r
11 19 72 ~nd • Gke sum on the co~respond~n~ d+y of exh month therr
atter uNil thc whole be f~lly paid.
Each instal(ment iirst ahail be appl.ed in payment of rhe in~e~es1 anrl ih~n on the unpaid balance of the prinupal sum. If d ault is mad~ in tF?e
;.~,mrnt of a~y iniraltment when due, and such defa~!t conf~nues 30 days, then st the opr;on of the holdm, and without any other inotice, al) the remaining
~~~s~allments shail be due and payable at once. Priv~lege is given to prepay this note in whole w in part af any time withoul penalty. Neither fpebear~nts,
nor acceptance by the ho{der thereof after a~y default in any paym~nrs hercon, shall be deemed extension. A late paymcnt charge of ~6S , sh~ll be
~oded to each installment remammg unpa;d 7 days airer its due date, and a like sum 3ha11 be added to each s~ch instaltmrnt remaining uopaid 7 days ~her
rzch wcceeding payment daee.
Each maker, s~rety and rndo~ser hereof, joinHy and neverafly, warves demand, presen~menr prorost and no~ice of piotrst fw nonpaymeot, and f~rther
~g~ees to any extens~on of time of paymero, cnher brfore w after matur~ty, without nor,ce ~o any of us; and to pay all costs of coltection, indud~nq a
~°.+sonable aiiomeyb .`ee tn the evero of any detau!t hereunder, and hereby seve~ally waives all benef;t of homestead and exemption vnder the co~uitution
d faws of each State of the Un~ted Srares, as aga~nst this obl+ganon w any ea~ens~on a renewal he~eof.
W~MCS~ the hand and sea! of each party.
S/ EMORY STEVENS (SEAI)
(SEAI)
g/ LOIS A . STEVENS (SEAL)
$ 8 . 2 5 cs~?U
~ State Revenue
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NOW, THEREFpRE, thc MORTGAGOR for the purpose of iecuring paymcnr of ssid sum oi s 5~ 5~ , and the performsnce of the
covenantt and agreemenrs hereinafte~ expressed, and tor divers good and valuable con~;de~at;ons, by these pre~ents, doe~ grent, baryain, sell, remise,
reiease, convey •nd conf~rm untq the MORiGAGEE, its succesaors ind au~gns, alt that cenain lot, piece or parcel of land, tituafe, lying, and beinp in the
Counry oi St • Luc le and State of Fbrida, dewibed as follaws:
Lots 22 and 23, of B2ock 4, of ~tiaST.~00D MANCXt, according
to plat thereof recorded in Plat Book 6~ page 2b, public
i records of St. Lucie County, Florida;
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` STATE ~F FLORIDA
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; .is ~ 'ppCUMENTAa" STAMP IAX
; ~ j = FE81S'72` A _
~ ~ = s 8 25 = ~ 3--~~
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rogetF~er with all and singul~r tha tenements, hereditaments and appurtances tbe~eunto belonginy a in •nywis~ appertaininp fF?~r~to, and ~II r~nt~, isauts,
p~ocecds and profita accruing •nd to acuue from asid premises, ali of which ~re inctuded in the ~bovt ~nd for~yoiny dewiption and Mbendvm.
TO HAVE ANp TO HOLD the above described •nd pranted premiaei unto the said MORTGAGEE, iti svccesswi ~nd •ssiflns fwev~r. Md tt» tafd
their
; MORTGAGOR for heiri, executws, administr~tors and asiigns, hereby covenann with tF+e taid MORTGAGEE, in succ~ssws ~nd ~uipm,
! that _ Lhe-~I lawfully se~:ed of the said prem~set in fee simple; that tFw s+mr are tr~e. ctear and diuh~ryed from ap lierti ~nd ~ncvm.
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brances in I~w w in equity, ~nd that they W~~~ their Mein shall w~rrant and defend fhe titl~ to ~ht sarrN to tM s+id
MORTGAGEE, its successws ~nd assigns, forever againsf the Iswfvl clsims and demands of all peraons;
PROVIDFD, AIWAYS that if ~he MORTGAGOR shall p~y unto the MORTGAGEE the promiuay note herainbefw~ deuribed ~nd shall trvly, promptly
and fully perform, d~sclurq~, eaecute, compltte, tomply with and abide by Nch and every the stipulatio~s, a9reemenls, tondition~ and coverunli of s~id
prom~ssory note and of thi~ JNortgsge, then this Matgsge and the Est~te hereby cre~ted thall uast •nd be nvll snd void.
1T f5 UNDERSi00D that the word "Mwtyagor" whether in tt~e s~ngular w pturd ~nywher~ in this Mortfl~ye, ch~ll ba~ sinyul~r i4 one only ~nd
sh~ll be plural jointly •nd severally if more than one, and ~hat the word "their" •s used anywhere in this Mony~qe ihsll be t~k~~ to m~an "his; ••.hen; • :
or "its," wherever the contexr so implies or admirs. Also, thst wirorever there is a rele~ente i~ th~ covenan~s and ~yreemenrs herei~ contained to any of
~he p~rties hereto, the same sh~ll be consnued to mean as well as the heirs, le9al repreunt~tives, ~uccessors arxl esiiyns (either voluntery by ~ct of the
parties o~ involuntuy by operation of the law) of the s~me ~nd that ~he covenants hsrein contained shall bind snd ths benefi~s ~nd ~dvantap~s inur~
ro the respective heirs, leyal representatives, successors ~nd ~si~gns of the p~rtief hereto. .
And said Mortgsgors, to~ thcmulves and their heiri, legal repreuntatives, succeisors ~nd as~iyns, hereby jointly and teverally covenant ~nd a9rse
ro snd wirh the taid MORTGAGEE, its successws snd ~ssiyns:
1. To pay all and tin~ul~~ tF+e principal and interesr ~nd the vsrious ~nd :undryr sums of money payable by virtue of said promi~sory note, and thi~
mortp~ye, esch and every, promptly on the days respectively the •ame iever~lly become due.
2. To pay •II and ~ingular the uxes, assesunents, levies, Iiabilities, obligations and encumbr~rxe~ of every nature and ki~d rww on ~aid dewib~d
property, a that here~fter may be imposed, auffered, placed, levied, a~ssersed therwn, w ~hat hereaftei may M levied a~susaed upat thls Mor/Q~
age, a the indebtedness ucured hereby, each and every, when due ~nd ~y~b1e, scco?dinp ~o Iaw. before they become delinqueM. •nd befw~ ~ny in?~res~
anathes or a~y penslty is incurrcd; AND JNSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISfIED AND OISCHARGEO OF
RECORO ANO THE OR(GIt~AL OFFtGtAL DOCUMENT (SIKH A5, FOR INSTANCE, TMf TAX RECEIPT OR THE SATISFACTION FAPER OFFICIAIIY ENDORSE~
OR CERTIFIEQ) SHAII BE PIACED IN iHE HANDS OF $AID N~ORTGAGEE WIIHIN iEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is nol
pa~d, sat ~fied •nd d~scharged sa d MORTGAGEE m~y at any t~me pay the same w any part therrof withovt waiving w af(ectinq ~ny option, lien, equity w
•.qhr vnde~ w by virtue oi this mo~rgage and ~he lull amount of e~ch and eve~y such payment shall be immediately due and payable and shall bear interest
~~om ~he date thereof ~ntil pa~d at rare of n~ne per cent~m per •~n~m and toge~her w~~h wch interest shall be ~eytre the lien of th s morptaye.
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