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Home My WebLink About1387 22555'7 . . ~ _ : ~ ~ THIS INUENTURE, Mad~ !he 9th day of March A.D. 1972 „ betw~en Leo C. Weamer and I~tildred L,~ Weavers his Wife and Jerome Stabile, a sinqle adult of .St.• L~1G~9 ~ Cp~;nty flwid+, hereinafter designated as the "MORTG~IGOR." and FIRST FEOERAI SAVIN(i5 AND IOAN ASSOCIATION Of FORT PIERCE, a mrpaation ory~nised and exiitinp unda ~he iaws of tM Un~ted S~a~os of America ~nd h~viny its princ~pal pl~u of ~ buiineu in tM City of Fon Pi~rce, St. luci~ Covnty, Florida, hereinaft~r d~sipnated as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of 53~~~~•~ , good and lawful money of the Un~~cd S~ates advanced by the MORiGAGEE unto the MORiGAGOR, as evide~ced by a certa~n promisswy note oi eve~ date herewith, of wh~ch the (ollowin9 in ' v.ords and figures ii a u~e copy, to-wit: s 30,000.00 3-18,061 ~ Wrt Pierc~. Florids. ~~h 9 19~? Fa value receivcd, 1, we or either of us, promise to pay, wilhout defslcat~on, to the order of FIRST FEUERAI SA~VI~NG~S AND IOAN ASSOCIATION OF FOR7 PIERCE at Fort Pierce, florida, the sum of = 30~~~'~ w~th in~erest irom date at the rate of ~176 per annum, in monthty install- ;nenrs as fot!ows: S 2~7•~ on the ~st day of _ J~p , 19 7~ and a tike sum on tF?e cwresponding day of eath month there- after until the who:e be fully paid. Each installme~t first shall be applied in payment of the inttrest and then on the unpa~d balance of fhe princ~pal sum. If d avlt is made in the F ayment of any installment when due, and such default continues 30 days, then at the option of the hotder, and without any other notice, all the remaining ~~~s~allments shall be due and payable at once. Privilege is given to prepay this note in whole w in part at any time without penalty. Neither forebearance, r.or acceptance by the holder thereof after any defauh in any payments hereon, shall be deemed extension. A late payment charge of ~ ~ 2 shall b~ added to each instaliment .emaining unpaid 7 days after its due date, and a like sum shall be added Io each such instaflment ~emaining unpaid 7 dayt after eath sucteeding payment date. Each maker, sure~y and endCrsen c~reof, jointly and severally, waives demand, presentment p~otest and notice of protest fw nonpayrnent, snd fuAher agrees to any extension of time of payment, either betore o~ afte? maturity, wirhout notice to any of us; and to pay all costs of mlleqio~, includiny a r.~asonable attorney's fee in the event of a~y default hereunder, and hereby severally waives afl benefit of homestead and exemption undtr the constitut'an and laws of each State of the United States, as against this obligation or any extens~on or renewal hereof. ~ Witness the hand and ual of each party. ~ • . , , , . s/ Le0 C. W~e8ver cs~?u ~ s dre ideave c~?u _s Jerome Stabile_ _ _ ~q ( ~5 • ~ ) State Revenue (~u NOW, THEREFORE, the MORTCaAGOR for the purpose of seturing psyment of said sum of j 30~~~~~ , and the pc~formsnce of the 7 covenants and sg~eements hereinafter expressed, and fw d~vers good and valuable considerations, by these presents, does grant, bar9ain, sell, remise, release, convey and confirm unto the MORTGAGEE, its tuccessora and aui9ns, all that certain lot, piece w pucel of Isnd, situate, lyirg, and being in tF~s Co~nty of St.. Lueie and State of Flwida, dewibed as follows: S i ~ i S t Lots 8 and 9~ Block 7, SILVSft LAKE PARK ADDITION, as per plat ; ~ i thersof o~n file in Plat Book 10, Page 8, of the Public Records ~ ~ ~ ~ of St. Lucie County, Florida ~ ~ € ~ ~ ~ ~ t ` € t ~ S"1~AT~ ~F ~LORIDa W ~ ~ ~ DOCUME.1'JTA°~ STAMP TA ~ s 3 a 4 5 0 0= t F- U - . • _ ti {p oEit.Oi uME~ 0 y ; P~.»otli - IK P~Y!'~:'~T Cf T:.YfS j $ , {':~LiVED ~t 'r:,',:: ~.:1V, ~ ~V~ Cy C~g'r' INilltiGlBlE PE~,~'3~•,• ' E~~jo,~,~i7 TC CtiAPTfR 71-134, ACTS OF 1371. ~ ~ ~pGE.R PO(TR~. ~rk Cirwit Co~~t. S~- Luae Co. ~ ~ x - ~ } rogether with all and singul~r the tenements, hereditammts and ~ppurtances thereunto belongirg a in anywise appeASinirg thereto, and ~II renri, iuws, ~ ~ aroceed~ and proiits accruing and to xvue from s~id premises, sll of wFiKh are included in the above and fweyoirg description and hsbendixn. ~ ~ TO HAVE AND TO~~the above dewibed and granted premises unto the said MORTGAGEE, in succeuas u~d auiyns fweva. Md th~ sald * 3 h10RTGAGOR for e - hein, executws, sdministrators and assig~s, hereby covenants with the said MORTGAGEE, its successors and as~ro, ~ ~har a~-- lawfully uized of the said prcmises in fee ~imple: that tht same art free, ckar and dischsryed from ~II liem ~+d e~w~ ~ b~ances in law or in equity, and that-~_ will and t~~ hein shall warrsnt and defend the title to th~ sarrN to th~ said ~ MORTGAGEE, its s~ccessors and assigns, forever sgsinst the lawful cl~ims and dema~ds of •II peraom; PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory ewte hereinbefore described ~nd ahall truly, promptly and fully perform, d~scMrge, execute, complete, comply with snd abide by each and every the stipvl~tions, a9reernents, conditiau and ooven~nb of aaid promissory note +nd of this Mutg~ge, then thii Mortg~g~ and the Estate hereby aeated aiull cease and be null and void. ' IT IS UNDERSTOOD that the wwd "Mortg~gw" whether in 1Fx aingulsr a ptuwl anywhere in this Morty~ye, shall be sirqulu if one only and ti shall be plvral jointly ~nd severally if more than one, and that tAe word °their" as used anywhere in this Mort~ape shall b~ tsken to mtan "his;' "htn," ~ - or "its;' wherever the contexr so implies or admits. Alw, that whereve~ there is a reference in the coven~nts ~nd ~yreemenb I~erein tontained to any of f rhe parties he.ero, tF~e ssme shall be construed to mesn as well as the heir:. (egal r~preseMStives, svcceswn and ~uipns (either voluntary by act of tht ; ~ parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind ~nd tFw lxnefin ~nd advant~pes inure ~ ~o the respective heirs, legal representitives, successors and au'gns of the ps?ties hereto. ? And said Mwt9~gon, for themselvet and ti~eir heirs, legal representatives, sutcessors and auigns, hereby jointly and ~everally coven~nt and apree ~ to and with the s+id MORTGAGEE, its successors ~nd suigns: ~ 1. To psy a:l ~nd sin~ular the principal and interest and the wriovs and sundry wms of money payable by virtue of said promiiwry note, ard this mortya9e, each and every, promptly on the dayi respectively tM s~me sev~rally become due. ~ 2. To pay all snd sirgvl~ the uxes. ~ssessmen», levies, lisbilifies, oblig~tian snd ~ncumbrarxes of ev~ry nature and kind now oe uid describ~d ~ ~ property, a th~t here~fter may b~ impo~ed, suffered, pl~ced, levied, a ~asssed thereoo. a th~t hereafter may b~ kvied or ~sseswd upon tM INort~ age, a the indebtedneu secvred hereby, e+ch and evtry, whe~ dve a~d payable. ~ccadirg ro law, before they becort~ dtlinqvenf, ud b~fw~ u~y inttrat at;aches o~ any penalfy is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROFMTIY SATISFIEU AND ~ISCHARGf~ Of i _ RECORD AND 1HE ORIGINAI OFfIC1At DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPT OR TME SATfSFACTION PAPER OFfICIAIIY ENDORSED x OR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in tht tv~nt tMt ~ny thereof is rat ~ pa~d, sat"sfied snd diuhsrged sa:d MORTGAGEE may at any time pay the same q any part thereof witFw~t wsiving or affettinp any option, lien, equity w ~ ' •~pht ~nder o~ by vinue of this mortgage :~d the 4ull amount of each and every such payment shall be immediately due and psy~ble and shall bear interest ' ~.om the date thereof until psid at rate af nine per centum per •nnum and~o~~ r ith svc~~es •hal be secured by the lien of th:s mu9ta9e. V Y11 ' ~ - " ~ : ~ _ _ . = _r~_. _d._,.. - , _ - _,w_._;"