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THIS INDENTURE. Mad~ the 24th dsy of Septeaber , A.~. 19
~3 bltwlen
Gerald . Stanz and V r9 nia Stanz, his wif~ •
of _ St ~~•3~„ig-,_» Cou~ry fbrida, Mreir?aftat de~gnated ' u tM"'MURiGAGOR; ! aAd FIRST FEDERAI SAVINGS AND LOAM
ASSOClATlON OF fORT PIERCE, a corpaation ory~ni:ed ~nd ~xi~~ing unde+ tM lav~ls of tM United Ststoi of Americ~ and havin~ its pri~cipal pl~c~ of
buiin~s~ ie tF» City of Pwt Pierc~, St. luci~ County, Florida, hereinaite~ de~i9nated as tM "MORiGAGEE."
WHEREAS th~ MORTGAGOR is justly indsbt~al to ths MORTGAGEE in ths sum oi ~ 33+5~~ ~ ~ good and Isw(ul money of the Un~ted
Sratet advanced by ths MORIGAGEf unto ths MORiGAGpR, ss ev;dented by a certain promiuay nole of even date herew~th, of whlch ths followiny in
words and figures is a t~~e copy, towit;
z 33~500.00 ~100a0453
Fwt Piercs. Flaida, S~t~~@Y ~ 1973
fa value received, I, we w either of ~s, promise to pay, wi~hout defatcaNan, to the order of FIRST FEDERA! SAVING6 AND LOAN ASSOCI~ION OF "
iQRi PIERCE al Fort Pierce, florida, the sum oE : 33 ~ 5~~ ~ w;th inteiest (rom date af the rate of9~ 25 % per annum, in monlh7y iratalb
r•,enr: as follows: f 287~00 0~ the 2~b dsy of Novesbei , lq_?~ ~~d a like sum on the cares~wnd~ng dsy of each month therr
after until the whole be fully paid.
Each installment first shall be applied in payment of the interest ~nd then on tfie unpaid balance of the princtpat sum. If default is made in tl+e
payment of any installment when due, and such default continves 30 days, fhen st the option of the holder, and without any othe~ rwtice, all the remaininy
~r~stallmcnts shall be due and payable at once. P~ivilege is given to prepay thia note in whole o? i~ part +t sny time without penalty. Neither faebeara~xs, a
nor acceptance by the holder fhereof afeer sny default in any paymenta hereon, sMll be decmed eatension. A Ia~e payment charge of j14'35 thatl be ;
added to each instaltment remaining unpe~d 7 days after ifs ~due date, end a like sum shall be added ?o each such inslallment rert~aining unpaid 7 days sfter ~
each succecding payment date. • ~
Exh maker, surety and endorur hereof, jointly and srverally, waives dema.^.d, presentment protest and notice of protest fw no~payment, and tuAAet
agrees to any extensio~ of time of payment, either before w after maturiry, without norice to any of us; and to pay al! cosrs of collectior~, including a :
reasonable attorney's fee in th8 event of any default hereunder, and hereby severatly waives all 6enefit of homeslead and exemption under the tonstitution ~
and laws of each State of the United States, as against this obligation or any extension or renewal hereof. ~
Witness the hand and ual of each party. ;
i
(SEAy
s Gerald T. Stanz
s/Virgi.nia Stanz ~u
$50.25 ) sta,e a~„~ - tsEaU
l6iwwp.sw~wil~.o~.o:~i~.+..we) 33 SOO.00
NOSN, THEREFORE, tFie MORTGAGOR fw the purpose pf securing psyment oi said sum of = ~ and the performance of tM
cove~ants and apreements hereinafter expressed, and for divers good and valvable cons~daations, by th~se present~, does grant, baryain, ~ell, remiu,
retease, convey and confirm unro the MORTGAGfE, its ~uccessors and sugns, sll that «rtain lof, piece d pucel of land, ~ituate, lyi~g, and beirg in the
C~unty of $t. Lueie and Stste of Florida, dew~bed as follows:
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Lot 25, B~ock 199, PORT ST. LUCIS S~C7ION 4, as per plat thereof on file in Plat ±
Sook 12 at Page 14, Public Records of St. Lucie County, Florida,? ~ ~
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jc °D _ s~yp•i3~` , ~ Oq C1ASS ~C' INTMIp18LE PfRSIk'IAL p~jY~
Pd ~MYt to cw~rrER n-13~. Aas aF :
~ i t ~ az . . . . . • A08FJ PORJ~I~ 1971. ..~1~ ;
° ' ' ' ~ ~OIIIT (~RT. ST. 1iiGE 00~ Rll
,
together with ~II snd singular the tenements, hereditame~ts snd appurtances thereunto belonging o? in anywiie sppertaining therefo, ar?d all rcnb, issues,
proceeds and profits accruing and to xcrue f~om siid prem;~es, all of which are included in the above and fore9oirg descriptwn and habendum.
TO HAVE ~Q TO~HOID the above described snd granted premises unto the said MORiGAGEE, ib successort ~nd ~~i~gns fwevp. Md tM qid
MORTG R fw he ~;rs, execoron, administratws snd assigns, hereby covenants with ths said MORTGAGEE, iri wccesson ~nd as~ipru,
~hat -~ey ~e-- Iawfully seized of the said premises in fee simple; that the same are free, ck+r and dixMryed from a!I liens and ~ncum~
brances in law w in equity, and thst thev M,~~~ a~ their heirt shall wsrrant and deferxi the title to the s~me to tM s~id
r10RTGAGEE, its successors and assigns, faever against the lawiul ciaims and demands of alt penau;
PROVIDED, AlWAYS that if rhe MORiGAGOR shal! pay unro the MORTGAGEE ths promissory note hereinbefwe described and shall truly, promptly
and fully perfwm, diuharge, execure, complete, comply with and sbide by each and every the stipulations, ~greemenn, conditions and coven~nb ot taid
promissory note snd of this Mortgsge, t}ron thi~ Mortgage and the Estate hereby ue~ted shall uase and be nul! ~nd wid.
IT IS UNDERSTO00 fhat the wwd "Mortgagor" whether in ths singular or plura) anywhere irt this Mwtyspe, sfiall be sin~ular if one only and
shall be plural jointiy and uve~ally if more than one, and that the wad "their' as used anywhcre i~ this Mwtgage sh~ll be tsken to mean "his;' "hen;'
o~ °its;' wherever the context so implies w admirs. Alw, that wherevet there is s reference in tF~e coven+nts a~d sgreements herein tontsined ro uryr o}
rhe parties herero, the same shall be construed to mean as well as the heirs, legal repesentetivet, sucusson and auiyru (either voluntary by ~cf of tM
parties or involuntsry by opersrion of the law) of the same and that the covenants herein contained shsll bind and the benefits and ~dvantapes (rwrt
ro the respective hein, kg~l representafivcs, successors and ass~yns of the put+es hereto.
And said 1Vtortgagors, for themselve: and their heirs, lega! repreuntatives, successors a~d ~ssiyns, hereby jointly ~nd severally covet~aM and pree
ro end with tFx said MORTGAGEE, its successws and auigns:
1. To pay sll and singular the principal snd interett ~nd the variovs ~nd sundry iums of money payabis by virtue of ssid promissory note, and this
mortyaye, e+ch snd every, promptly ot~ the dayi rapectively the samc severaNy become dve. '
2. To pay all ~nd singular the ta~cea, asuasmenri, levies, IFsbil~tus, oblgations u~d encumb~ance~ of every natwe ~nd kind ~.ow on said described
property, w that hereafter may be impo~ed, wffered. Pl~ced, levied, or ~sseued 1Fxreon, or that hereafter may be leried or aseuad vpa~ lhis Mo~rt¢
age, w the indebtedneu secured hereby, e+ch snd every, when dve and p~yabte, aaadirg to law, befwe they become delinq~eret, and befa~ arry interest
arraches or any penalty is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAII 8E PRONWTIY SATISFIE~ AND DISCHARGED Of
RECORD AND THE ORIGIP:AI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfiKlAllY ENOORSfO
OR CfRTIF1EDJ SHAIL 8E PIACfD !N 1HE HANOS Of SAID MORTGAGFE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the eveM thal ~ny the~cof a not
paid, saYsfied and dixharged sa:d MORTGAGEE may at any time pay the ?ame o~ a~y psrt thereof without waivirg w ~ffetli~y ~ny option, lien, eqvity a
•~aht under or by virtue of this mortgage and the fult amount of each and every such paymtnt tha11 be immediatety due and piyable and shal) beu intNest
~.om the date thereof until paid at rate of nine per centvm per annum and together wi uch 'nterest ~hall be secured by the lien of th:s moryt~yt.
s ox ~19 PAGf 316
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