HomeMy WebLinkAbout2618 255898 '
THIS INDENTURE. N4J~ t~i~ 318t day pf , . A.O. 19~.. Mtw~?
Pollard B. Stuart, Jr. and t~tildred Stuart, hia Mile
of St • Lucie ~ ~~~y p~~, hN~in~ft~r d~tipnat~d as tM "MORTGAGOR." and FIRST fEOERAI SAVINGS ANO IOAN
ASSOCIA?ION OF FORT PIERCE, a oorpatlion ayu~i~d ~nd ~xi~tinp undN 1M law~ of th~ Unihd St~qs qf Mwtka und Mvinp {t~ princip~l plau of
bu~irwu In tiw Gty of Fat P~a. St. luci~ Co~ory. flaid+. Mnin+ftM duipn~t~d a tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtly indtbt~d w th~ MORTGAGEE in tM sum of = 1O ' pood u+d ~+wful mon~y of tM United
Stat~s ~dvanad by th~ MORTGAGEE u~to tM A10RTGAGOR, a~ ~vidtnced by a cKtain promiswry noN of even dale her~with, of which 1M iollowinp in
wada a+d f w~s b a trw copy, to-wit:
= 10,00~.00 r,~,10019925
. Fat Pi~rc~. Fbrid+. Mdy 31• _~q ~3
For valw nc~iwd, I, vw w~itMr of us, promis~ ro p~y, without d~f~lcation, to tM o~der of FIRST FEOERAI SAVINGS AN~ IOAN ASSOC~ATION OF
FORT PIERCE at fwt PiKC~, florid~, tl» ium of : 1Os000.0~ w;th intereu from dat~ ~t th~ rats of _8 Q!6 pK M~?thly imt~lN
ments u follows: ~ 96•0O on tM 10tf1 ~y of .1111Y 19 73 ~+d ~ lik~ wm on ths cw~~~pa~dinp day of sadr month thNr
after untii the wholt be fully p~id.
Each instsliment firtt shall be applied i~ payment of ths interest ~nd then on the unpaid bal~nce of the principal surt?. If default b mad~ in ths
payment of any inst~llment wha? dw, and such defa~lt cauinues 30 days, then at ths opiwn of the holde~. and without sny oN~ar notice, ~II ths r~mak?inp
in~tallmx+ts ~hall bs dw and payabk at wice. Priviley~ ts piwn to prop+Y this nots in whol~ or in part ~t ~ny tim~ without pen+lty. Neith~r faebtaraKe.
nor aa~pt~nn by th~ holdK thereof ~fter ~ny defauh in ~nY p+yments M~eon, sh+ll be deemed exteruion. A la~e payment cMrp~ of i 4• 80 shall b~
edded to each ir?sullmenl ranainirg unp+~d 7 days ~fter in dw d+~e, and a like wm ihall be added to c~ch iuch installment rem~ininp unpaid 7 days after
each succ~edlrg p+yment date.
Each maker, swety ~nd enclw~ hereof, ~oi~N~ and severally, waives demsnd, presentment protest and notic.e of protest fw ~a+payment, ~nd furthK
agrees to sny extension of time of p~ymenf, either before w ahe~ m~turity, witAout notice to ~ny of vs; and to pay all costs of coltenion, inciudinp a
reasonabk attorney's fee i~ the event of any default Mnvnder, ~nd hereby severally waives all benefit of homestead and exemption undsr the ta~stihrtion
and I~ws of exh Sute of tM United State~, as ayairot thi~ oblipatan w a~y eateosion or renew+l haraoi•
Witneu tM h+nd ~nd sesl of eath patty.
. l5E/?l)
s/ Pollard 8. Stuart. Jr. ~U
(s~?U
s/ `fildred Stuart ~
r $1 S .00 ) st.t~ R~wnw . .
(SMIp~'L7MIVM~tf'Ar'eNQiR+R 71bt~) .
NOW, THEREFORE, ths MORTGAGOR for the pu+pose of secvrinQ p~yment of s~id sum of lO .~nd tl~ pMform+nce of th~
covenann and ~pr~em~nb htreinafter expressed, and fa divers yood and vilwbl~ consider~tions, by t!~ preunn, does qrant, b~rpsin, sell, rtmise,
relea~e, conwy and corsfirm unto the MORTGAGEE, its suaeswrs and ~uiyns, ~II th~t ce~tal~ Iw, pi~u or parul of land, sltwt~, lyinp, and b~inp i~ tM
~~~ry ~ St . LuC 1 e and Stat~ of Flwid~, dacrib~d ~s follow~:
Lot 32, Block 7~ T~ICKFR TERRACE StJADIVISION~ as per plat ther¢of on
file in Plat Book 4, page 54, of the public Yecords of St. Lucie
County, Florida .
~
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~ R~ °f ~ DEPL 5. O O I -
~ ~ N ~ = .WN •t'?3 ~ ' ~ O ~ IN PAYMENT~.
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i~Ot ~ ~ ~ 1lRAN6lBLE rERSOW1l ~
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F 1 1 1
PTER ~1'134. AL'iS OF 19J
pOGER r01TR1?S
~LERI( CtRCIMT OOURT~ ST. LUCIE GO.. F1~
togetMr with sll snd sirgul~r tFr tenern~nts, hereditam~nri and ~ppurt+nces th~re~nro b~laginp or in anywis~ apparf~ininp thtrtto, and al) rents, iuws.
proueds snd profiq aaruinp and to acuue from said premisa, all of which u~ includ~d in tM ~bov~ Md for~poinp d~scription and habendvm.
TO HAVE AND TO HOLD tM above dewibed and yr~nted premi~s unto tiw said N10RTGAGEE, its wcuswn and aisipm fw~w?• Md tM ~+Id
MORTGAc~ R for their h~in, ezecutors, adminhtr~ton ~nd astiyn~, har~by cov~nsMS with ths said MORTGAGfE, its s~xt~ssors ~nd as~i~r.
rhat theY a re lawfully teiud of the ~aid prNniws in fe~ simplr, that th~ s~m~ u~ fr», cl~ar and discharped from ~II li~ro and ~ncw~r
bnnces in law o? in equity, ud th~t thev W;~i ,,,d their heln shall wurant aed d~fend th~ titk ro tlw ~arr» to th~ wid
MORTGAGEE, in successors ~nd ~ui~ra, forever ~yairot tM lawful claims and d~mands of all perwror
PROVIOED, A1WAY5 that if tlw MORTGAGOR sh+ll pay ~nto the MORTGAGEE tlw promiswry not~ her~inb~fore d~wibd and sh+ll trvly, promptly
and futly perform, d~xh+ry~. ~x~cut~, compkte, comply wirh ~nd abide by ~ach ~nd wery t!» stipulations, syrsernen», conditiom and aovsn~nb of s~id
~ prom7iwry not~ snd of this Mwty+y~, then this Mortyap~ u+d the Es~ate h~reby u~ated sh~ll uaw ~nd b~ null and void. ~
IT IS UN~ERSTOOD th~t the word "Matyaya" wFwtl+er in the ~irqular a plwal ~nywh~n in this Mony~p~, shall b~ sin~vlu if on~ only ~nd ~
~hsll b~ plwal iointly uw! NVNaIIy H mor~ tFw~ on~, and tMt tM word "th~ir" ~s used ~nywi~en in this Mortpp~ sh~ll b~ tak~n to me~n "his;' "htrs,"
or "in:' wherav~r tM context w implia a sdmits. Alw, th~t whirever there is a nf~rMa In th~ cown~nn aed apr~»nb h~rei~ oomafmd to u~y of ~
the parties her~to, tM s+me ah+ll b~ const~wd to rrwan i~ w~ll as the Min. Ip~l npr~sentatiws, woctswn a~d assipra (sNher volw+tary by ~ct of th~ ~
par~ies or imrdunury by opN+tion of the law) of t!r same and that the coven~nb h~r~k~ com~insd shall bind ~od tlN b~n~fits and advantap~s kwn y
to th~ r~sp~criw Min. byd r~pressnt~tives, wcceaon and ~u~qm of tiN puti~s hKNo.
Md uid Morty+yws, fo~ themsdvp and th~L Min. Ip+l r~pnseotatives, succ~~wn and ~tsiym. Mreby jointly a~d wv~rally cov~nant and aprN ~
to and with th~ said MORTGAC'sEE, i» suueswrs and assipns: _ ~'4"~
1. To pay ~II ~nd akgular tM pinclp~l ~nd hterest ~nd tFw variovs u~d wndry swm of moMy p+Yabt~ bp virtw of s~id p~omiuory rat~. ~nd thb ~
mwtyay~. ~ach and wKy, pranptly on Iht d~ys respeclively tFr sam~ stv~r~lly b~cam dw. ' ,x~
2. To p~y ell ~nd siip~lar th~ tax~s. ~swsun~nn. Iwies, liabilkia, oblip+taro ~nd ~ncuenbancN of ~vnY natw~ +nd kind now on ~+id d~wib~d a~
P~~h~• a tMt Mre~hN m~y M irnpw~d, wff~r~d. P~~ced. Iwi~d, a ~sMSS~d tMr~on, or th~f hen~hN may b~ Iwi~d a~a~d epon t1ii~ Morq~
- pe, a tir kd~bt~drwu warr~d hN~br. ~ach and way, wh~n dw ~nd payabl~, aaadinp w law, b~~w~ thry beca~w d~linqwnt, aed befon any Imaa~
•tt~ciws p~rc~ p~Mlty b incwred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTIY SATISiIE~ AND DISCHARGEC OF
RECORD AND 1HE ORIGINAI OffIC1Al OOCUMENT (SIKH AS, fOR INSTANCE, TME TAX RECEIYT OR THE SATISfACT10N PME~ OFFICIAIIY ENOORSED
OR CERTIf1ED) SMAII 6E PIACED IN THE HANDS Of SAI~ MORTGAGEE WITMIN TEN DAYS NEX1 AfTER PAYMENTs ~nd M~ tM ewnt that any thKeof i~ rwl
p~id, ~at'sfied and dixhu~d ~+:d AFORTGAGEE may ~t any tim~ pay tFN sarrN w any pat tMnof witho~~ w~ivinp or ~fl~ctinp ~ny optian. IiM, p~ity w
•tqht w+d~r or by virtw of thi~ rnort9p~ ~nd tlr (ult ~mou~~ of each and w~r wch paym~nt ~MII be imnwdi~tdy dut and p~y~bb Md ~hall bNr inter~st
~.om tM d~~~ ~h~rao/ uneil p~~d ~r r~~e of n~n~ per cemum per a+m,m and tope~M. wnh wch fm~r~s~ ~II b~ wcw~d by Mw li~e? 01 th's morptp~.
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