HomeMy WebLinkAbout0557 23i1'70 ~,r
THIS INDENTURE, 1Nad~ the 8th d+ of ~8 A.D. 19?? betwrM
Roger J. Stal~ord and Beth C. Stafford, is wife
of Sti• I~LC~@ Cp~~~y Flwida, herein~ftN designsted ss ths "MORTGAGpR;' ~nd fIQST PEDERAL SAVINGS AND LOAN
ASSOCIATION Of FORT PIERCE, • cwpaation orya~ized and Sxistinq vnder the laws of tM Unit~d St~t~s of Arnerica ~nd Mvinp iri principal plac~ of
buu~as in tM City of Fwt Pit~a, SI. lucis tounty. Florida, hereinahK desip~a~ed +s tM "MORTGAGEE."
WHFREAS tM MORTGAGOR is jvitly indebted p t1~s MORTGAGEE i~ ths ium of = 25~6~•~ good and lawful money of the United
States advanted by ths MORTGAGEE unto ~hs MORTGAGOR, as evidence,~ by • cena~~ promiuory note of even date herewitb, of wh~ch the (ollowin~ In
= or 2~r'+d~u. ~ a t~w copy, to-wi~:
N, 4-t e, 442
Fo?t Pi~rn. Florida. Jtl?19 g 19~ ~
for value received, we a either of us, prom;se tp pay, wilFaout def~lcation, to the orde. of FIRST FEDERAI S~AVI.N~~G~S AND LOAN AS50CIATION OF
FORi PIERCE af Fort Pierce, fbrida, the sum of =~~6~~~ w;th interest from date at the rate of _i!1~i{, psr ann~m, in monthly ins1a11~
mems as follows: _ ~ 911~~ p~ ~ St. -~Y o f Al1q113ti ~~q 72 ~ like ~um oe~ the cwr~spondinp day of each month tMrr
after ~ntil the whole ba fully paid.
Eath installment (irst shall bs ~ppGed ;n payment of the interest and then on the unpaid balarrce of the paintlpal sum. !f d sult is mads In ths
i:ayment of any irtstaltmeT~t when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the remai~ing
~~~sfallmen?s shall be due and payablc a~ once. Vrivilege a give~ to prepay this note in whole or i~ part at ~ny fime without penatry. N~ither forebear~nce,
nar accept~ncs by the hotder thereof after any defau~t in any payme~ta hereon, shslt be deemed extension. A late payment charge of i 9• T0 , aMll b~ ;
added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such inatallment remaini~y unpaid 7 day~ sfta
eath wtceeding payment date. .
Eath make?, surety and endorser hercef, jointly and severally, w~ives demand, prexntment protest and notice of protest for nonpayment, and furfher
agrees to any exfension of t;me of payment, eithcr before or after maturity, without ~ot~ce to any oi us; and to pay all costs of collection, inctudi~ •
,-easonabk strorney's fee in the event of any default hereunde~, and hereby severally wsives all benefit of homestead and exemption unde~ the conititut'ao
a;d Iews of each State of the United Sta~es, as aga~nst this obt~gation a any extension or renewal hc~eof.
Witne:s the hand and seal of each pany.
s/ Rogor J. Stafford ~~u
cs~?u
s Beth C. Stafford ~~u
( ~38'~~ ~ State Revenue ~U
( S~ww~wneeMed~v~rwyin~l ~ne1e)
NOW, 1HEREFORE, the MORTGAGOR (w fhe rpose of securi 2~ 6~ ~ and tM perfwmance of tF~
pu ng psyment of ssid sum of S s •
covena~ri ~nd ayraementi hertinafter expreued, and for divcrs good and valuabf~ consider~tions, by these presents, does prant, baryai~, tell, remise,
,elease, conrsy and confirm unfo the MpRTGAGEE, in iuccessors ind ~uigns, atl tMt te?t~in bt, piece p pucel of I~nd, sitwte, lyiny, and beinp in 1M
Couny of $t • I.L1C~A and State of Florida, dewib~d ~s follows:
Lot 2, Block 2, Cortez Park Subdivision, as per plat thereof
on f31e in Plat Book 5, °age 38, Public ~cords of St. Iucie
County, Florida ~
t~ ~ 1 A~~`'} 1~' ~1 ~l ~ i3~ ~ryFp i~.~---U IN M~ME11T ~ TAIE'S
..~v..~~;-,,~,r • - 's
~ _ _ _ - _ - - - - OOF ON C1ASS 'C UITAN6tdlE PER90NIIl PROPEA7Y. 1~ ~ ~
- ~ ' - pilttStIANT 10 CNAP'TER 71-134. ACTS OF 1911. /
J ~ _ ~~~a-s'7z . • .
_ : : _;.:a = 3 8 4 ~J nw~~ ~w:::~,, c:_~, ;~,~:.u c~. s~. c~. w.
N ~~.~°-01.12' - -
togetM? with all ~nd singul~r the terKments, haeditamentt ~nd appvrt~nces thereunto b~lonyinp w in ~nywis~ appe~tainirg tF~er~fo, and ~U r~nb, issws,
p+oce~ds and profits acuuing snd to accrue from ssid premises, all of which ue inctuded in tik a6ov~ and forpoirg dtKripYqn and F~abendvm.
TO HAVE ANO TO H~O.~LD~ ,t,.h~ abow described and 9ranted p?emises unto the taid MORTGAGEE, its svaes~as uid ~s~iyns forevp. And th~ sald
MORTGAGOR fo~ h~in, executws, administrators and ~uiyns, hereby covenants with the said MORTGAGEE, its tutc~stors ~nd ~stipty,
:hat t'~~ lawfully teized of tlx aid p~emiset in f~ simple; tMt tF» ~arn~ ~r~ free, cl~ar and discharQed irom dl fisro and ~ncwn-
brances in law or in equity, and that t~Y will snd their heirs iM~l w•rr•nr •~d def~nd rh. r~rb eo iM sam. ro Nw ~sid
MORiGAGEE, irs tuccesso.s and auiyns, faeve~ aya;nst fh~ I~wful claims and demands of ~II perwn~;
PROVI~ED, A1WAY5 fhat ;f th~ MORTGAGOR shall pay unto the MORTGAGEE tM promiswty ~ot~ heninbefw~ d~tribed and sh~D ttuly, promptly
+~d fully perform, d~scMrge. execute. tomplete. comply with and abide by t+ch and wery tl+~ ~tipul~~iom, ayr~em~nq, conditipu and cowMnb of s~id
p•omiasory nore and of this Ntortyaye, then this Mo~t9aye and th~ E~fate he~eby peated shall n~k x~d be null a~d void.
fT f5 UNDFRSTOOp thaf the word "MwlgaQw" wlrctFx. in tM sinyubr a plw~l ~nywh~r~ in this Morty~, ~hall b~ sinpvlu if on~ only ~nd
shall b~ pturd join~ly and severally if more tha~ oM, and fha~ the word "their" as used ~nywh~r~ in thh Mort9p~ sh~ll b~ t~ken to mean ••Ais,•• ••han; •
w"in:' wherever the cont~xt w impties or admifs. Also, that wherevsr tltNt ~i 1 ftFHtfK~ Ifl fM COVtMI1N A/ld IQIl11Al~1}y FN/~jll ~pMi1Md 10 ~fly Qf ~
rh~ pa~t;es hereto. th~ um~ ~Iwll be consrrued to mean as well ~s tM hein, kyal r~pres~nqtive~, wcusson and ~uipro (~ithe~ voluntary by ~tt of th~ ~
panit~ w involuntary by opN~rion of tFw law) of the i~me and that the covenams herein containad ~Mfl birsd ~nd tFw b~nsfits ~nd adv~nta~s tnw~
ro tf» respectivs he'us, lpa) rsp~esent~rives, succeiwrs and ~ss~pns of tM partiea hsr~to.
And said Nbrt ~
yapors, fa themselws ar+d their heirs, Is~a{ represemative~, wcceuws and auip~i. h~reby joi~»ly a~d ~verally tovMSnt ~nd pre~
ro a~d with fhe u;d MpRTGAGEE, itf succasors ~nd aui~ns:
1. To pay ~II snd ~inp~lu tix principat and i~terest and the variow and tundry swns of moneY paY~bl~ by vinue oi safd promiuwy nott, and this
mortqay~, each and every. Wa^Pt1Y on sht days rtspectively the sams sev~r~lly bscom~ dut.
4. To pay ~tl ~nd sinyvlH tF+e tsYa, asses~nenq. Itvies. Iiabilii~, obli9~tions a~d ~ncumbr~ncp of ~very natw~ and kind ~ww o~ s~;d d~w~d
property, w that h~r~ah~r may b~ ;mpp~d, ~uHaed, pl~csd, t~ried. or ss~es~ed the~~an. a that t~tr~afte~ may b~ I~ri~d a aiseswd vpon tiJs MatQ~ ~
sy~, a tfw ir~lebfedn~u ~ecur~d M~~by, exh ard ~vey, w?Kn dw a~d payable. ~ccad;rg to I~w, bsfa~ th~y becomt definqwnt. ~nd b~ion ~nr IntKt~t ~
ar?~chea or any p~nalty is incurred; AND INSOfAR AS ANY TH:REOF IS OF RKORO TNE SAME SHAII 6E PROMPTIY SATISFIED AND DISCNARGEO OF
REGORD ANO THE ORIGSNAI OfFICIAI OOCUMENT (SUCH AS, fOR INSTANCE. THE tAX RECftPi OR iNE SATtSfAC710N dAPfR OFfICIAlLY fNOpRSED ~
OR CERTIFIE~) SHAII SE PIACFD IN THE HANDS Of SA~D MORTGAGEE WITMIN TEN OAYS NEXT AfTER PAYMENT; and in tM ev~nt tMt ~ny tMr~pf is not y
pa~d, s~YSfied and diuharged sa:d MORTGAGEE m~y at ~ny time pay the same o? ~ny p~rt ~I+ertoi without waiving w af}Kt;~ any option, Iien, pvity p
•+aht under w by vi~~ye of fhis morr9aye and tht full amovnt of ~sth ind every such payment sAall b~ immed~at~ly dve and payabl~ •nd tMll bt~r int~r~st
~•om the date ther~of until pa7d at rate of nine per centum per annum ~nd fopetF+er w~th such interpt ~a~ by the li~~~jbf mwytpe.
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