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HomeMy WebLinkAbout1922 2~3b3'78 ~ ~HIS INDENTURE, Mad~ the ~ t h day of ~Ugu S t A.D. 19_. be~wcen Earl L. Stokes and Mamie Joyce Stokes~ his wi e :i of SL . ~.UCl@ ~q~~~y F~p~;d~, hereinaFter dety~ated aa the "MORTGAGOR," and iIRST fEQERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, • corporatio~ or~a~i:ed and exis~irg unde. the laws of tAs Un~ted Statas of Ame~~ca and having iti principal place of busineu in the City of Fwt Pieres, St. lucie County. flwida, hereinaiter desigr?a?ed as the "MORIGAGEE:' WHEREAS the MORTGAGOR is j~stly indebted to the MORTGAGEE in the sum of 3 7s 500•~~ good and lawful money of the Un~?ed States advanced by the MORiGAGEE unto the MORTGAGOR, as evicienced by a certai~ promiszwy note oF even date he~ewith, of wh~ch the followin9 i~ words and figures is a true copy, to-wit: s 7.500.00 ~ 10018737 Fwf Pierce. Florida, AUgU5L Ztf ~y 72 for value received, I, we w either of us, promise to pay, without defalcation, to ~he ord.:r of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of j 7~~00• wnh ~nrerest (~om date a~ the rate of 7' 7~ per annum, in monthty instal6 ments as follows: = 71 •O0 on the 15t day of ~tober _ ~y 72 and a like sum on the cor~espond~ng day of each monfh ~here- atrer unfi{ the whole bz fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid bslance of the princ~pal sum. If d ault is made in the ~ ayment of any installmenf when due, and such default continues 30 days, then at the optio~ of the holder, and without any oti~er not~ce, a!! the remaining ~~,sral7ments shall be due and payabie at once. Privilege is given to prepay ~his note +n whole o? in part at any t~me withoW penalty. Neither forebearante, nor acteptance by the holde+ thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of :3. SS ~ shall (x .,d~ed to each installmenf remaining ~~paid 7 days after its due date, and a like sum shall be addad to each such instaiin~nt remaining unpaid 7 days afte~ aach succeeding payment dare. Each make~, sv~ety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayme~t, and further agrees to any exte~sion of iime of payment, either beiore a after maturity, without not~ce to any of us; and to pay all cos?s of tollection, includ:ng s reasonable attwney's fee in the event of any defautt hereunder, artd hereby saverally waives all benefir of Aomestead and exemption under the constitutan ; and laws of each State of the United States, as against this obligation or any extension or renewal hereof. W~tness the hand and ual of each party. ~atl s EaYl L. Stokes ~ai~ (SEAL) 11.25 s/ Mamie Joyce Stokes ( ~ State Reve~ue ~Seampt laneeY~a+..o~igioaL owe) NOW, THEREfORE, 1he MORTGAGOR fw tFK purpox of secu?ing payment of said sum of f 7~ SO~• snd the performance of 1he covenants and agreement~ here~nsfter expressed, and for divers good and vatuable considerationa, 'by these presents, dces grant, bargain, sefl, remise, re~ease, co~vey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St . Lucie and State of florida, desv~bed as fottows: . ; Lots S and 6, Block 6, KEYS?ONE HEIGHTS SUEiDIVISION, as per plat there- of on file in Plat Booic 10, page 52, of the Public Records of St. Lucie County, Florida, ? ~ ~ W STATE~~FLORf.UA ` ~ Z DOCUAFE117Afl ~ S7li~~iP 7AX ~ t~i = ~UG29'72 ` ~`i ~ I ~ C = itEC~l~~ °v IN PAYMENT OF T1U(EB N oc~t_o? ctrt~vc '•`s • `i ~ DUE QN CtASS'C IIIffMfGI6LE PE~SONaI PROPEiifY~ PS.t9o~~2 = PURSWWT TO CtL~pTER 71-134. ACIS Of ly/l. ROGER POITWIS ~7J1 ~j - C1ER1( WRqlR COURT~ S~. LUCIE Op, F~Q ` i { rogether with atl and singular the tencments, hereditaments snd appurt~nces thereunto belongitg o? in anywise sppettaining thereto, and all rents, issuei, ~ proceeds snd profits accruing and to acwe from said premises, all of wFiuh are i~cluded in the above and foregdng dexription ~nd habendum. ? TO HAVE AND TO HOID the above dcsvibed and granted premiaes unto the said MpRTGAGEE, its successors and •uigrts fo~ever. Md th~ iaid h1pRTGAGOR for their executus, admi~istrators artd assigns, hereby mvenants w+th the said MOR7GAGEE, its s~xcessors ~nd ~stipra, the are ~awr~u ae~:ed or rhe said rhat - y premises in fee s;mple: tMt ti?e s„me are frse, des? and dixharged from all liens and encum~ brance~ in law or in eqviry, and-that t hey a~ t f1Q 1 L he;rs sF~sll wa~rant ar+d defend the title to the same to the ssid .v10RTGAGEE, its successws and assi9ns, forever against the lawful claims and drmands of all perso~s; PROVIDED, ALWAYS that if the MORTGAGOR shall pay umo the MORTGAGEE the promissory rwte hereinbefore described a~d shstl trvly, promptly and fully perform, d~xharge, execute, comptete, compty with and ab~de by eacl~ and evc.y tFrc stipula~~ons, agreements, conditia+s end cwenants of said promissory rate and of this lNortgage, then this Mortgage snd the Estate hereby created sF?all ceasa and be ~ull and void. F i IT IS UNDERSTOOD that the word "Mortgagor" wlxther in the sin9ular or plural anywhere in this Mwtgage, ahall be singular if one only and ? shall be plursl jointly ~nd several(y if mwe th~n one, snd that tlx wwd "their" as used anywhere +n this Matgage shall be taken to mean "his;' "I~en," ~ or "its;' wherever the context w implies or admits. A~so, that wherever there is • refe?ence in the covenants and agreements herein wntained to any of rhe panies hereto, the ume ahall be construed to mean ~s well as the heirs, Iega) representatives, successors and assigns (either voluntary by act of th~ parties or involuntary by operation of the !sw) of the same and that the covenants nerein contained shatl bind and the benefits and sdvantages inur~ - to the respective heirt, leg~l representatives, successors and au'gns of the parties hereto. And said Nlwtgsgors, fw themselves snd their heirs, legal ~epresentstives, successars and assigns, he~eby jointly and severally covensnt and agree ro and with tF~e said MORTGAGfE, its successors and ass;gru: 1. To pay all and singvlar the principal and interest end the various and sundry sums of money payable by virtue of said promissory note, snd this mortgage, exh and every, promptly o~ fhe days respettively the same severally become due. 2. To psy •II and sirgulsr the taxea, assessments, levies, Iisbili~ies, obligstans and encumbr~nces of every nature and ki~d now on said described property, p that hereafter may be imposed, suffered, plKed, kvied, a assessed thereon, ar tl?st hereafter may be levied a ~ssessed vpon this Mwtg- age, a the indebtedneu secured hereby, each and every, when due snd payable, accading to Isw, before they become deli~quent, and b~fwe any interest ~ arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAtI BE PROMPiIY SAiISFIfp ANp DISCHARCaED OF RECOAD AND THE ORIGINAt OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSE~ OR CERTIFIE~) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AfTER PAYMENT; and i~ the event that any thcreof is not paid, sat'sfied and discharged sa"d MORTGAGEE may at any time pay rF~e same w any part thcreof wifhout waiving or affecting any option, lien, equify a •~qht u~der or by virtue of this mortgage and the full amount of each :nd every such payment shall be immediately due a~d payable and shall bear interest ~rom the date thereof unt;l psid at rote of n~ne per centum per annum and together w~~h such interes~ shak 4e sf by rhe tien of rh s mwyta9e. : ~aQK~ ~~~F1~~2 ~ d_ ` - } ~ _ . .