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Home My WebLink About5934 2~ sss ~ THIS INDfNTURE, Made ths 2bth d+y of ~~~~~,Qer , A.D. 19~.Z between Lindsay B. Stead and Patricia Stead, h~s wif~ ~ . , . , : . , of St. I'LCi@ , Covnty Flaida, hereinafta desgnated sa •11ie "~1110Rt0AGOR!'.~~d FIRST fEDERAI SAVINGS AND tOAN ASSpC1ATION OF fORT PIERCE, a to?paation ot9ani:ed a~d exi:ting unde~ the lawf o( ths United SU~YS of Art~eric~ a~d Mving its principal pl~ce of busineu in tM Ciy of Fort Piace, St. lucie County, Florida, Mreinafter des~gnated ai tFk "MORTGAGE6" WHEREAS Ih~ MORTGAGOR is juitly indebted to tM MORTGAi'iFE in the sum of S 6~ 8~'~ , good and Iswful money of the Un~ted S~ates advanced by the MORTGAGEE uroo the MORiGAGOR, as evidenced by a certain promisto?y not~ of even date herewitA, of wh+ch the following in E ..~ords ~nd figures is a trus copy, to-wi~: ~ 20019226 i s 6,800.00 No ~o„ P;~«e, Fia;d,, DQCeaber 26 19 7Z ; For value ~eceived, 1, we w either of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERA~ SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE at Fo?t Pierce, Fbrida, ~he s~m of =__6y$~Q.QO with i~terest from date at the rate oF ~~6 per annum, in monthly install- ~~~rnts as fotlows: s~~~ a~ on the 1~j1 day of F_ e~~r V, 19~~ and a Gke sum on the cwrespond~ng day of each month ~here- after until the whole be fully paid. i Each ~nstallment first ahall ba applied in paymenl of tM interest and then on ~he unpaid balance of the princtpal sum. If default is made in the ::ayment of any insta~lment when due, and such default cont~nues 30 days, then at the op~an of the ho~der, and without any other norice, all the remaining ~ ~~~sta!lmenfs shatl be dve and payabte at once. Privilege i? given to prepay this note in whole or in part at any t~me without penatty. Neither forebearence, J ncr acceptance by the holder thereof afte? any default in any payments he~eon, shall be deemed extension. A late payment charge of S 2~ 8O shall be ~ ~ddrd to each installment remaining unpa~d 7 days after its dw date, and a likc sum shalt be added to each ~uch installment ~emaini~g unpaed 7 days after ; each succeeding payment dare. ~ ~ Eath maker, surety and endo?ser hereof, jointly a~d severally, waives demand, presentment protest and nofice of protest for nonpayment, and furthe~ i ~ agrees ro any extension of tirne of paymero, either before or after maturity, without nofice to any of us; and to pay att costs oi colfection, includl~g a reasonable attorney's iee in the evenl of any defavlt hereunde?, and hcreby severally waives all benefit of homestead and exemption under ihe constitution 4 ~ a~~d laws of each State of the United States, as against this obligation p any eztensio~ w renewal hereof, ' ~ Witness the hand and seal of each party. ~ s / Lindsay 8. Stead ~~Ai~ ; ~ is~?U ~ (SEnt) ` 10_2~ s~ Patricia Stesd ( ~ ~ State Revenve _ t NOW, THEREFORE, the MORTGAGOR for the purpose of securinq payment of said sum of s bys~ , a~d the perfwmance of the , covenants a~d agreements hereinafter expresse~, and tor divers good and valuable considerations, by these presents, dcea gran~, bargain, sell, rcmise, ~ release, convey and conf~rm unto the MORTGAGEE, its successors and assigns, all that certain lot, picce w p~rcel of lend, situate, lying, and being in fhs ~ County of St. Lucie and State ot fto~ida, desu~bed as followa: ~ ?he North ~ of Lots 6 and 7, Block 2, SHARPBS S[BDIVISIoN, as per plat : thereo# on file in Plat Book 8, at page 61, of the Public Records of < St. Lucie County, Florida. ; ; ; . ~A~ - p~t~ ~1 ax_1 ~ . ` ~ ~OT •w ~ ~ ~ . ~ ' RE~rym ; .3 i o;c o p~!`~•w ' ; O; Pfl~~ 1NTA/~JBf.E PERAY~EHT pF ~ i ' ~ ~ _ .M~ ~ ~'?ER 71 ~y'~~ P^Oa fR~ ~ o ~ ~~Mt ~ CI ~'OIl(tAS S ~ 1911. < M, o~ Rql/T qp~BT. Si. LU~iE ~py ~hr~ ) ~ rogether w~th all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywiie sppertaining fi~ereto, and all renti, iuues, proceeels and profiri accruing and to accrue from said premises, all of which are included in the above ~nd foregoing dewiption and habendum. t TO HAVE AND TO HOlO the above described and granted premius unro the said MORIGAGEE, ib successws and suigns forevei. Md the said MORTGAGOR for t~ir ---T heirs, executors, administrators snd assigns, hereby covenants with 1he said MORTGAGEE, its successors and auigns. ~ ~hat lawfully seized of the said prem~ses in fee simple; that ths wme sre free, dear and dixharged from all 1'~ens and encum~ brances in !aw a in equity, and that the~ W~~~ a~ t~161Z hein shall warrant and defend the title to the rame to the said ; MORTGAGEE, its successws and ass~~hs, forever against the lawfu! claims and demands of all persons; PROVIOED, ALWAYS thst if the MORTGAGOR shall psy un~o tf~e MORTGAGEE the p~omis~ory rate hcreinbefore deuribed and ahall truly, piomptly and fuliy perfo~m, d~scharge, execute, complete, comply with and abide by each ~nd every the stipulations, agreements, conditions and coven~nts of said prom~sswy oote and of this Mwtgage, then this Mwtgsge and the Estate hereby veated shall cease and be null and void. ; IT IS UNDERSTOOD ihat the word "Mortgagw" whefher in the singular w plural anywhere in this Mortgage, st?slt be singuta~ if one only and shali be ptural jointly and severalty if more than one, and that the word "their" ss used anywhere in this Mortgage sMll be t~ken to mean "his;' "hen," ; or "its;' wherever the context so impiies w admit:. Also, that wherever there is • refere?xe in the covenants and sgreemenri Frorein conteined to any af the parties hereto, the same shall be construed to mean as well ss the heirs, legaf represenqtives, successon and assigns (either voluntary by ect of the parfies or involuntsry by operatan of the law) of the same and that the cove~ants herein contained shall bind snd the benefits and advantayes inur~ ro fhe ~e:pective heirs, legal representatives, suctessws and as~~gns of the parties hereto. And said N~ortgsgors, for themselves and their heirs, legal reprexntatives, successors and auig~~, hereby jointly and severally covenant and ayree ro a~ wFrh tFx wid MOR)GAGFE, its successors and assigns: 1. To psy •II and singular the principal snd i~terest ~nd the various and sundry sums of money p~ysble by virtue of said promissory note, and this f mortgage, each and every, promptly on the days respectively ti~e same sevarally become due. 2. To pay all and s7ngula~ the taxes, sasessments, levies, lisbilities, obfigstions and encumbrences of every nature and kind raw on ssid dexribed properry, a that he~raftei may be +mposed, wffered, pl~ced, levied, a auessed thereon, p that hereafter may be levied a asseued upon this MortQ- age, or the indebtedneu secured hereby, exh and every, when dve ~nd payable, xcwding to law, befo?e they becort~e delir?queM, ~nd before any interesl artaches or any penalty ia incurred; AND INSOfAR AS ANY THEREOF 15 Of RECORD THE SANIE SHAIL 8E PROMPTtY SA115fIED AND DISCHARGED OF RECORD AND THE ORIGIfvAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSEO OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS OF SAID MORTGAGEE WfiHIN TEN DAYS NEXT AFTER PAYMfNT; and i~ the even? that any thereof is not pa~d, saYsfied and d'estharged sa;d MORTGAGEE may at any time pay the ssme or any part thereof without waiving or affecting any option, lien, equity a ~~qht u~der or by virtue of this morrgage and the full amount of each and every such payment shall be immediately due snd payabfe ~nd shail bear interest ~•om the tfete thereof untii paid at rate of nine per centum pe~ annum and togetber w;tb such interest sha~~ b~ y~+,q y the li~q ~ t~'i moryta9e. : ~oo~~~u~ ,~c:~~l~~ - J