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THIS INDfNTURE. AAad~ tl~~ 24th ~y of ~~C.. ' , A.D. 19
73,. Mtw~
~ Stone and Netti~ D. Stone. his ~rif~
of-~t: uc •
Covnty Fbtid~. Mrein~fiK d~sipn~ted tM "MORTGAGOR;' ~nd FIRST FEOERAt SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a cwporaiioa orpanis~d ~nd ~zistinp v~der tM lawt of tFw Ueit~d Sut~a of Art?~rka and h~vinp i» p~incipal plac~ of
bu~irnss in tM City of foA Pi~rc~, St. lvci~ Couory, Florid~, her~inaftK d~sipnat~d. ~s tM "MORTGAGEE."
WHEREAS tl+~ JNORTGAGOR is wt ind~bt~d fo th~ MORTGAGEE in ths sum of : 1O ~~0~ ~
i ly , pood +nd lawful mon~y of the Un~~ed
S+ates adv~nctd by ths MORTGAGEE unto ths MORTGAGOR, as evide~ced by a certain promiisory nots of svsn d~te her~with, of which tM folbwir?p in
wwds and fiavrts it a trw copY, to-wih
: 1 O, 000. 00 ' ~ ~ 10019897
~ F,~, r,..~.. ~o.~d.. , May 2L 19 73 ?
Fw v~lus received. 1, we a ei~her of vs, pr
iO to_ps~r, wi~ t defalcation. to ths order of fIRST fEOERAL 8 VI~NGS ANO LOAN ASSOCIA'.'1pN OF '
FORT PIERCE at fat Pierce, Fbrida, the ium of = with in~erei~ from d~~e s~ the rate of ~ % pK a?~um, in mo~thly in~ti14
R+ents as followt: ~ oo the l~b day of July , 19 73 and • like sum on the cwrespa+din~ day of esch month therr
after untii the whole be fully p~id.
~ EacF~ inttallment fint shall be appl~ed in p~yment of ths intersst and then oe~ the unpaid bal+nce of the principai wm. If defauh is m~d.+ i~ the
paymerN of any installment when dus, and such defauh continues 30 days, then at the option of ths holder, and witho~t sny otF~er not~ce, all thp remainirg
~ installments shai) be dus and psyable at once. Privilege is 9iven to prepay ihis nofe ia whole Or in p~?f ~t ~y Yime without ptn~hy. Neitfier forebear~tKe,
nor acceptance by the holder thereof after ~ny defauh in any payments hereon, shall be deemed extension, A late p+yment char~e of ~ 4~ 8O _ shall bs ~
added to each installment remaini~g unpaid 7 days after ib dw date, and ~ like wm shall be sdded to eAch such instalimsnt remaininp unpaid 7 daya aRer ~
~ each stxceed+ng payment date.
~ Each maker, surety and eodorser hrreof, jointly and teve?ally, waives demand, presentmeM protest and ~otice of protest for ranpeyment, ae~d further
agrees to any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all msn of colkction, lncludinp •
~ reasonable attomey's fee in the event of any defwlt hereunder, and hereby severally waives a~l benafit of homestead and exemption unde~ the cautitWan ~
and laws of each 5tate of the United Ststes, ss against this obligation or sny ~xtension or renawel hereof,
Wit~ess the hand and seal of each party. -
. IS~~?U
~ s harles Wia. Stone ~U
~ R~U
~ s ett e D. 'Stone ~
~ ~ 1 S. ~ State Revenue
(StSAIpi Z~I~dllld'1~f~l11~IR?t 11tflMr '
NOW, THEREfORE, the MORTGAGOR fw the purpose of secur;ng psyment of said sum of S 10 • , and th~ perfamanoe of th~
covenaMS and ayr~-ments hcreinafter expressed, snd fw divers good and valwble considerations, by thes~ pKSenb, does g~ant, barysin, sell, rcmise,
release, convey snd confirm• u~~o the MORTGAGEE, its svcceuors and assigns, all that certain lot, pFeu or putel of land, sitwt~, lyirg, end beiig in th~
Co~nry of $t. L1ZC2e snd Sbh of flwida, d~atribed ~s fdlows:
Lot 8 and the North ~ af L.ot 7, Block 5, ST. JAMBS PARK SUBDIVISION, accordiag
to the Piat thereot recorded in Plat Book S at page 58, of the Pnblic Records
of St. Lucie County, Florida~
s oF L o R~~ a~ a-~ ~ IN PA1f1~EKT OF TAXES ~
~x oOC~MENTARY ,~.4„ ~,~AaA~ 1 q~ a+ a~?ss ~c ~rrrN+siei.E ~sorui v~n.
c°'+ " OEPi.pF REYENUf ~ ' TD ~}{~pTER 71-134. 11C~S OF 1911. ~~y
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• ~ ROGER ~OITRIIS ! '
+ P~ = MAY~'13 ~
o~~~w: 5. 0 0; ~ c~~xurr o o u~
r. s~. w c~ co. ~ i
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~ fogether with all snd singul~r the tenemenn, hereditaments and sppurts~xes the?evnto belonyirg or in anywise appertaininp tf~aeto, and ~II rents, iswa.
k proceeds •nd prof~n xauing and ro accrue from said premises, all of which ue included in the ~bov~ and forepan~ description and Mbendurn.
~ TO HAVE ANO TO HOIO tMe above deuribed ar?d gnnted premixs unto th~ aid MORTGAGEE, ib wccesson +nd usigm fwawr. And t!r s~id
~ t6eiz
MORTGACaOR for hein, executon, sdministroton and suigns, hereby coverNnb with fhe said MORTGAGEE, ifs waessws and assiyrr,
~ rhar t~eY Iawfully seiud of the ssid premises in fea simple; that the sarr» ar~ free, clear and dixlwr~ed fran all Ikro ~nd ~ntwo-
brances in law a in equiry, snd thst tb6y will ~nd their h~in shall wunnt u~d defend tl+e titb to ths sarm 1o th~ ~aid ~
MORTGAGEE, in successors and augns, forever sgainst the Iawful claims ~nd demands ot all persons; _ ~
PROVIDE~, ALWAYS thst if the MORTGAGOR shall psy unto the MORiGAGEf the promiuwy note hereinbefore descr~ed and sh~ll truly, promptly !
~ and fully perfo~m, diuMrge, execute, compkte, comply with ~nd abide by esch and every the stipul~tiaa, a9reemenn, condhioos snd ooven~nts of said ~
prom~swry rate ~nd of this Mortgage, then tFiis Nbrtgsge snd the Esate hereby veated ahalf cease a~+d be null and v~oid. ~
s " IT IS UNDERSTOOD that the word "Mortgsgor' whether in the singul~r w plwal mywhere in this Mwtgape, sbal) be sergular if ons only and
shall be plwal 'pintly snd seve~ally if more than one, ~nd tMt the word "their" ~s used snywhero in this 1Nort~spe sh~ll be taken to mean "his,•• •'Mrs;'
~ or "its,° wherever tl+e context so implies a sdmits. Also, thst wherever the~e is s refe?ence in the oovenams ~nd apreements herein ooMSined to sny of
i the parties hereto, the s~me shsll be cautrued ro rtx~n as well u tF~e hein, lepal nrpresentatives, wa~ssors aed ~ssgm (eithe~ voluntary by ~ct of th~
parties w imolunt~ry by operation of the law) of the same and that the covenann herein contained sh~ll bind ~nd tM benefits and advu~tap~s inun
i to the respective hein, legal representativa, sucuswrs sad ass~yns of the puties hereto.
And said Mortysyors, fa themseFves u~d their heia, legal representativa, succeuo~s ~nd aasigns. F~ereby jointty and wverslly ooven~nt and apre~
~ ro ind with the said MORTGAGEE, its s~ccessors ~nd assiyro: ~
1. To psy ~II and sirgvln the pri~+cipsl and interest snd the vsrio~s snd wndry wms of monty paY~bl~ by virtue of said promisswy not~, and this
; mort9sye• e+ch and every, prompNy on the days respecriveiy the ssme severally bacoms dve.
~ 2. To pay all and sirgutu tM t~zes, aueisrrKnb, fwies, liabilities, obliyations and a~nxnbrirKes of svery nahn~ and kind now on said desv~»d ~
~ properry, a tt~at hneaher m~y be impos~d, wffer~d, placed. levied. or ~ussud thereon, a thst hereafter m~y b~ Iwied o~ aaessed ~pon tF~ Morq.
; +9e, or fFw indebtedness ~ecured hereby. ~ad+ u+d every, when due snd p~ysbte, accordinp-w law, b~fon th~y becane delinquerit, and befa~ any imerat
f attacF~es or ~ny penalty a intwred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAtL SE PROAAPTLY SATISFIED AND OISCHARGED OF ~tc~j
! RECORD AND THE ORIGINAI OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OfFIC1AlLY ENDORSED 0~
' OR CERTIFIEO) SHAIt BE PLACED fN THE HANOS Of SAID MORTGAGEE WIIMJN TfN DAYS NFX? AFiER PAYMENT; a~d i~ the event th~t any thereOf is nol
' paid, s~t'sfied and discharged sa:d MOR?GAGEE may at any time pay the tame a any pan thertof withovr waivirg or affettinp sny option, lien, puiry p
•~qM ~nder w by virtue of this mo?t9aye and ti~e full amount of .~d e~ay p.y~t ~n.n tk ~,~.dwr~+y dw .~,d P.y.~. .~d ,~u b«. u+~~.a ~
i•om the d~re rhereof um~! pa;d a~ rate of n7ne per centum per anrwm ~nd to9ether with wch inte?est siwll be ucwed by the lien of th:s mwqtap~.
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