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HomeMy WebLinkAbout1690 . , 251083 ~ THIS INDENIURE, IN~ th~ 14th d~y pf ~lCt1 A.D. 191~...~ b~twNn Albert J. Stankie and Helen l.. Stankie~ his wife ' ( ~ i of St • LuC~@ ~uunty florida, hatin~ft~r dtsiy~ated as th~ "NORTGAGOR" ~nd fIRST. fEOERAI SAViNGS AN~ LOAN i ASSOCIATION OF FORT PIERCE, a oaporation orp~nized ~nd exlstinp u~da tM laws oi tM lMited Stat~s of Am~riu and Mvlnp i» pri~cipal plan of i busin~u in th~ City of Fort Piua. St. l~ci~ County. FIorW+. iK?einaftK d~sip~ated a tM "MORTGAGEE.•• WHEREAS 1M MORTGAGOR i~ jwliy irwlebt~d to th~ MORTGAGEE io tM sum of i 12 i 0~ yood +hd ~+w{u~ ma+eY of the United States adv~nced by the MORTGAGEE unto tM MORTGAGOR, as evidenced by a catsin promiuory not~ of even date herwvith, of which tM fol{owinp in ~ti wad~ ~nd fiyures is • trw copy. to-wit: ~12 , 000. 00 i,~, 1 A~19 SdA fwt Pierc~, Florida, Me?rch 14 19~~ ` for value received, 1, we w eithe? of vi, promiss to p+y, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Forf Pierce, Florida, the sum of Z.~? ~ 0~ • O0 with inte~est from date af the rsfe of ~a~6 pe~ +~rtwn. ~n mo^lhly instal6 99. ~O an the _~.b day of ~r.--, 19~ ~nd a like wm on the cwrespond~~+y day of esch month the~a ~ mems u follows: S after until the whole be fvlly pa+d. Each installment first shatl be applied in payment of the interest and then on the unpaid bslance of the prindpal sum• If deTault is msde tn tM ' ~ payment of any insullment when due, and such default tontin~ss 30 days, then at the optiw~ of the holdet, and without any othtr no,tice, all the remaining ~ ~n:tallmenri shall be due and payabk at once. Privilegs is give~ to prepay this note in whole or in part at ~ny time without pcnalty. Neither forebesr~nce, • ~ • a nor acceptante by the holder thereof after any default in sny psyments he~eon, shall be de~med extension. A Ist~ payment charge of S~- 95 - shall be added to each initallment remainirg ~np~id 7 d+ys after its due date, and a like sum shall be added to each such installment remaining unpaid 7 dayt after 1 • each succeeding payment date. ' ~ V Each maker, surety and endaser hereof, joiMly and severally, wsives demand, presentment protest snd notice of protest for nonpsymmt, and further 'i agrees fo any extension of time of payment, either before o? after maturity, without notice to any of us; and to pay all costs of collection, i~cludinp a reasonabk attwney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each Sqte of the United States, as against this oblgation w any eztension w renewal lxreof. Witneu the hand and seal of each pary. ~ ~ ~W ~ ($EAAL~ 5 H cs~?u . (5~?U ( S18 . ~0 ) State Revenue ~irsnps s~wiMl~ ~Mlt~w~ NOW, THEREFORE, the MORTGAGOR fo~ the p~rpose of secvring psyment of ssid sum of s~? a~0• ~ . and tF~e perfwmsnce of 1M covenants and agreements hereinafter expressed, and for divers good ~nd wlwble considerations, by these presents, does grant, barysin, sell. rcmise. release, convey and•confirm unto the MORTGAGEE, iri successors and suigns, ell that tertain bt, piete or putel of I~nd, situate, (ying, and beinp in ths Counry of St . -ie and State of Florida, dewibed as followr. The West 85 feet of Lot 39, MARAVILLA GARDENS, UNIT 1, as per plat thezeof on file in Plat Book 6, page 55, of the Public Records of St. Lucie County, F lor i da?, ~I~ ~ _ ~ - ~ ~ ~1~- -1 : ~ ~ : ~ - - ~ p-_ ~A"1 : ' ~ ~ _ ~ iN w~rwttrt aF T~ucet ~ ~ ` • _ ~ : . ; MIE ql ou~ ~c a~rt~were~ ~rtsatK p~pE~t~ ~ l. ~ . ~ :~A.~ ~ } ~ ~ ~Q % pURStM11ff ~ p111~IE1t 71-134. ACTS OF -1ll~fl. .4 asau " ~ ROOER POIfqAS - CiFR~i CIpCltR OOdNf. sT. lAICIE 00, F1~ together with s~l and singular the tenemenri, hereditaments and appurtsnces therevmo belonging w in anywise ~pperfaininp thereto, and ~~I ?enri, issves, prxeeds and profits atvuing and to ~cvue from asid premises, all of whith are intluded in the above and fwe~oing dewiption and Mberrlum- TO HAVE AND TO HOID the above desc?ibed and gnnted premises umo tl+e said MORTGAGEE, iri waesswa u+d auiyns foreva. Md th~ said MORTGAGOR for their heirs, executors, +dministrstws and assigns, hereby tovenann with the ~aid MORTGACaEE, ifs suocessors ~nd assipro. thQV arp rhat ==r-- - lawfuly seized of the said premises in fee simp~r, that the ssme are free, ck~~ and disch+rged from all I'~ans encwn- brances in Isw w in equity, and tMt they will snd theiY hein shall warrant and d~f~nd th~ titb to the sam~ to tM wid MORTGAGEE, iri successors and suigro, faever sysinst the lawful cls'u~n and demands of all persorw; n~ • PROVIDED, ALWAYS that if the MORTGAGOR shalt pay uMO the MORTGAGEE the promiswry ~ote hereinbefwe dest?ibed +nd ahall trvlY• P~o^'~P~~Y ~ and fully perform, diuMrge, execute, complete, comply with snd ~bide by each snd every the stipvlaYrons, agreemenb, conditaro ~nd oovenann of s+id promissory note and of this Moreg+ge, then this Mortgage snd the Esute hereby ve+ted shall cesse and be eull ~nd void. IT IS UNDERSTO00 that the word "Mortysgw" whether in the singutar a plural anywhere in this Mortpape, shal) be sinpula if on~ only ~nd shsll be plural jointly and uverally if more thsn one, ~nd that the wad "their" ~s used ~nywhere in this Matgage ahal) be tsken to m~an "his," "hen;' ~ ~ or "in;' wherever the context w'anplies a admits. Also, that wherever there is a nference in tht covenann and ayreernenri herein aontained to am of j ~ the parties hereto, the same shall be construed to mean +s well as the heirs, kyal r~present~tivd, wcctssors and assigro (eiiha volunt~ry by ~tt of t!» ' ~ parties or imduntary by operation of the law) of the ssme and that rhe coven+nn herein comaioed sh+ll bind and ~he bensfin and advanry~s inw• ro the raspective Meirs, ley+l representatives, successors ~nd ~u°gns of the puties hereto. Md ssid Mort s, fw themselves +nd their hein. 1 al r esenqtives, successors and au' m, here ntl and severall coven~ro and r~e 4+9a e9 ep~ ~0 bY la Y Y ~9 ro and with the said MORTGAGEE, its successors and sssigns: 1. To p+y +II ~nd sirgula the pri~cipal and interest and the wriovs and sundry wms of monty paYsbl~ bY vinw of said promissory rate, and this ~ mortgage. ~ach ~nd every, p?omptly on the days respettively the ~ severally becorn~ due. , 2. To pay all and sirgular tF~e taxes, assessmenb. I~v'~es, lisbilit~es, oblipatans and ~nawnbance~ of evt?Y o+twe +~d kind now on s+id d~c?ib~d ' prop~rty, p that Mreafte~ may b~ irnpwed, suffe~~d, placed. Iwi~d, a auesfed thereon, a th~t Mr~aha may be Iwi~d a nses~ed upa+ thb 1Nort~- ~9e, or th~ indeb~edness sccvred he~eby, sach u~d wery, when due and p+y~ble, accwdinp to law, b~to~~ tMy become delinqwm. ~nd b~fa~ a~ryr inta~st sttathes a any penalty it incurred; AND INSOFAR J15 ANY THERfOF IS Of RKORD THE SAME SHALL 6E VROMPTIY SA115i1E0 AN~ OISCHARGED Of 9 RECORO AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAILY ENDORSED i OR CERTIFIE~) SHAtI dE PUCED IN THE H/1N~S Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and ie~ the wMt th~t aMr tl~eof is na ~ paid, sat'~fied •nd discharqed ~a:d MORiGAGEE may ~t any time wr r~ s+me o~ any part ths~eof withoul waivinp a afisctinp any optan, IiM, puiry a •qht under or by virtue of this mortq~ye and the futl amouM of euh ~nd every wch paymenf shall b~ imrrwdiately dw ~nd payabk ae~d ~hall bear int~r~st hom the d~t~ thereof until paid ~t r~te of n~ne per centum psr ~nnum and toyNhe~ w~th such imerest ahall be wcwed by the liwn of th:s ~naptpt. - k-,