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THIS INDENTURE, N4d~ tl~~s 8th day of A.D. 19_~„ between
JaaQS D. StanlQy Sr. and GsYn~tt Stanl~y, his wif• ' _
of St• L{aCi! Co~nfy Florida, hereinafter desgnated s~ ths "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, + corporation or~~nized and existirg under ths (aws of tM United Stat~s of M+~rica +?d Mvirp its p~incipal plx~ of ;
busin~ss i~ tM City oi FoN Pi~c~. St. lucie County. Florida. Mrsinafter d~sipn~ted u ths "MORiGACsEE." }
WNEREAS tM MORTGAGOR is jwtly indtbrd ro th~ MORTGAGEE in the sum of = Z~~~~'~ ~ood aed ~~wful mon~y of the United ~
States advancad by tM MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory note of even dale herewith, of which tM followinp in
words and fiy~ns is a trw copy, to-wit: •
N, 100199~8 ;
Fort Pieru. Plorid+. •11u1Q 8 1973
For valve rcce~ved, I, wa w either of us, p~omise to pay, without defalcation, to 1he wde~ of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF .
'Z~ 7~ 7S per annum, in ma~thly instal4 ~
iORT PIERCE at Fat Pierce, Florida, the sum of 3 y with inte~est from date at the ~ate of ~6
mems es foltov:s: s.15Z or~ the 1~tAy of ~~ab@! 19 73 and a lik~ svm on 1he cor~espondirg day of esch month ~hsrr
after u~ti~ the whole be fu;ly paid. .
Each inslallment first shall be applird i~ paymem of the interest ~nd then a? the unpaid balante of the princtpal sum. If default is made in ths
paymeN of ~ny inalallment when due, and such default continues 30 dayf, then at the optio~ of the holde?. and without ~ny other notice, sll the remainin~
~nsrallments shall be due and payable at once. Privile~e is given to prepay this nota in whok or in p~rt ~f any time without penalty. Neilhe~ forebearance,
nor acceptsnce by the hofder thereof after any default in any payments hereon, shall be dee+ned extension. A Iste psyment charge of = 7' 6O sMll be ~
added to each installment remaining unpaid 7 days aft~r iri due date, and • like sum shall be added to each such initallment ramaining u~paid 7 days ~ft~~ ?
each s~cceeding paymeM date.
Ea:h maice~, surery and endorser hereof, jointly and severally, waive~ demand, p?esentment protest and ~otice of proteit fw nonpayment, and further
agrees to u+y eztension of time of paymenr, either beiore or after maturiry, without notice to any of us; snd to pay all costs of co~IMiw+, includ~r?g a
reasonable attorney i fee in the event of ~~y def~ult hereunde~, snd hereby severally waives all benefit of homestead arsd exemptien under the constitWion
and laws of each State of the United States, as against this obligatan w. ~ny extensia+ o? rentwal hereof.
Witness the hand and ual of each party.
s/Jases D. Stanley Sx . ~i~
~U
s Garnett anley ~
~ 530.00 ~ St~te Revenue ~
csta~ asasms s~C sa~,s~a+t~- - 20, 000. 00 ~
NOW. THEREFORE, the MORTGAGOR fw the r of seturi ent of said wm of S ~nd tM perforrt+~nce of t!w i
P~ P~~ ^9 P+Ym
covenants and agreements hereinafter expessed. ~nd fw divers good and v~lwble conside~~tions, by theie presents, does yrent, baryain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its wccessors and assi9ns, sll that certun lot, pieu w pucel of Isnd, sitwte, lying, and beirg in 1M
Cwnty of St • L'uCi@ ~ and Stat~ of fbrida, dewibed as follows: ~
Lot Black 1, SOU1'HBRN VIBW ADDITION, accrncding to the plat thQZeof recozdsd in
Plat Book 9 at page 44, of the Public RecoYds of St. Lucie County, Florida,
~
i
' s w STATE oF F'LORID~4 ~ ~
~ o= ~ OOCUMHNtARY ,-..d STAMP_TAX~
i ~ DEPT. Df i~VEMUE . ~"t ~
~
~ ~ _ _ ~ .::q 1^•7 ~ ~ , . + IN PAYMENT OF TJ11~~
-'P? ` 3 _ 3 Q 0 ~ i r~ ~ "
~ ° = ~ 1 a~ oM a~ss ~c nira+cis~ ~r~soru~ ~o,~n.
~ p1lRSUi1NT.T0 (~1AP7ER 71-134. ACTS Of 197~r~q
t~os~x roRw?s /
~ _ c~roc ciRSUrr oou~r. s~. wc~E oo., Fu
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together with all and singular the ~l~llTM1f~ hereditaments and sppurtsnces thereunfo belonginy or in anywiia appertaining thereto, and aU renri, iswes,
~ proceeds and profc» acvving snd to eccnre from ssid premises, all of which ue included 'm the sbove and fwepoinq description and habendum.
~ TO HAVE AN ti eHOY the sbove desuibed and granred premises umo the aaid MORTGAGEE, ib s~?ccessors and +ssipns fo?ever. Md th~ said
MORTG~
R fw ~ 1 - Fxirs, executors, admeniatraton ~nd assigns, hereby covensnb with fM said MORTGAGEE, its successon ~nd ~ssipns. ~
~ rhat --y ~e tawfvlly seized of the said premises in fee simple; that tFie s+ms ue free, ckar ~nd dischar9ed from all liero ~nd encum- E
~ braMes M law or in equity, and that th6y will and tb@lY hein shall wsrrsnt and defend tM titlt to tht s~me to tM said ~
MORTGAGEE, its s~ccessors snd auigns, faever against the lawf~l claims and demands of sll persan;
` PROVIDED, ALWAYS thst if the MORTGAGOR shsll pay unto the MORTGAGEE tFro promissory note hereinbefore described and sh+ll tnily, promptly
and fully pe?fwm, d~scharge, executa, compkte, comply with and sbide by esch ~nd every the stipulations, sgreemen», conditiom snd coven+nri of s~id j
promissory note snd of this Mwtgsge, then this Mortyags snd the Estate hereby ueated shall ce+se and be null +nd void•
~ IT IS UNDERSTOOD that the wad "Mortgagot" whether in the singula~ w plural anywhe~e in this Mwtg+ge, shall be sirgulsr if one only ~nd
shall be plural jointly and sevewlty if more than one, snd thst the word "their" as used anywhe~e in tha Mwtgaye sh+ll be taken to me+n "his," "hen,"
~ or "in;' wherever the context w implrcs or admits. Also, thst wherever there is a reference in rhe covenann .nd a~reemcnn herein con~sin.d ro •mr of
~ ' fhe parties hereto, the ssme ihsll be construed to mean ss well +s the hein, leyal representatives, wccessors ~~d auiflro (eithe~ voluntary by ~cl of ths
pa?ties a involunury by operatan of the law) of the same snd that the covena~ts herein conained shall bind u~d the benefib and adv~ntsses lnure
:o the respective hein, kgal representatives, successors and au~9ns of the parY~es hereto.
And ssid Mortgagors, for themselves ~nd their he'us, kgal represenutives, successors and ~uiyns, hereby joimly and severslly covens~t and ay~ee
to and with the s~id MORTGAGEE, in successors snd auigm:
1. to p~y all snd si~gulu the principal and interest and the vsrian +nd sundry wms of money payabk by virtue of said promissory note, ~nd tha
r~ murtgsge. ~ach ~nd every, prompNy on the days respectively tM same severally become due.
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2. To psy ~II +nd Nngvlsr the tszes, asusunents, leviet, lisbilities, obliyatioe~s ~nd encvmb?a~ces of svery e~ature +nd kind rww on said described
property, or thst hcreafter may be inpo~ed, wffered. Pl~ced, kvied, w auessed therwn, a that hereafter may b~ levied o~ assessed vpon this Mwtp- '
age, or the indebtedneu secured hereby, e+ch and every, whe~ d~e s~d psysble, xcordinp to law, befwe they become delinqvent. and befae ~r imerest 's
artaches or any pe~alty is incuned; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHALL BE PROMPiLY SATISfIED AkD DISCHARGED OF
~ RECOR~ AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, FOR 1NSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENOORSED
OR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tl?e event that ~ny thereof is nM
pa+d, satified and dischar9ed sa:d MORTGAGEE may at any t~ms pay the same or sny psA tfiyeof without w~iving or affecting any option, lien, equity or
~ .iqht under w by virtue of this mortgag~ u~d tht full amount of each and every ivch payment sh~«e imrrxdistely dve and psysble ~nd shall be+r interest
~.om the date thereof ~ntil psid at nte of nine per centum per annum and together w~th such intere~ fRs1~~~.V ed by t~~ th:s mw~taye. ~
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