HomeMy WebLinkAbout0473 26~~39 ~
17th September ~3
THIS INDENTURE. Mad~ the day of A.D. 19 between
~harles F~ Ste;~henson and Maz~an N st ~h~nso~, ha~s w~€e
of St. LuCle Co~nfy Florida, hereinafta desgnated a• the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIAT~ON OF FORT PIER~E, • corpaation ory~~i:ad and exitti~y unde~ Ihe ~~w~ of tM Unitad St~qs of America ~nd Mvinp in principa) pl~ce of
business M 1M City of fw1 Pi~rce, St, lutt~ County, Florida, hareinaher desi~nated a~ 1M "MORTGAGEE:'
WHEREAS IM MORTGAGOR h jwtly il~tb~ed,ro *h6 MOATGAGEE~i~ +hs sum of S 26, 4~ . good +nd Iawful monry ol the United
Sratet advanted by the MORTGAGEE unto ~he MORTGAGOR, s~ tvidarxed by a te~tein ptomiuwy ~ote o( eve~ date herswith, af wh~ch tM folbr~iny in
worda and f' uret is a trw co~y, to-wit: '
s 26 , 40~ . 00 N,,11QQ(~ 2 62
r~ P~~.~., Fia~a., SePtember 17, _~v..2~_
For vatue rete~ved, I, we or either of us, promise to pay, without defalcaeion, to the order of FIRST FEOERAI SAVINGi AND IG~N ASSOC~ATION .7f •
:
FORT PIERCE at Fat Pierce, Florida, the sum of S 26 ~ 4~' ~ with interest from date at the rate of .~Q~e per a~nur. in month~y irntall- ?
n~ents as follows: S_ 222• *ne _~~~Y of December , ~9~~ and a like sum on the cwrespon:nng dsy o~ e+uh montfi thero-
afrer unti) the whole be fully paid.
Each installment first shall be applied i~ payment of the intereat and then on the unoaid bslance of the princ~psl sum. 7f default 7a msJe o~ ihe
~ay~nenl of any installment when due, and such default continues 30 days, then at the optio~ of the holder, and without any othe? nuiiGe, all !he remaining ;
~r~stallments shall be due end payable at once. Privilege is given to prepay this oote in whole or in part at any time without pe~alty. NeyF~er•fqtebearante, ;
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nor acceptance by the holder thereof after sny de(ault in any psymenb hereon, shall be deemed extension. A late payment chsrge of = shall be 1
added to each installment remaining unpa~d 7 days after its due dats, and a like sum shall be added to each such ins~allme~t remai~ing unpaid 7 days after ~
each succeed7ng paymeM date. i
Esch maker, surety and endorser her~of, jointly and sever~lly, w+]vei demand, presenrrrKnt protest a~d no~ice of protest for nonpayment, and further ~
agrees to any extension of tune of payment, either before or after maturity, without notice to any of us; and to pay aIl msri of collection, includ~rq a
reasonable attorney's fee in the event of any deiautt hereunde~, and hereby sevrrally waives all benef~t of homestead and exemption under the constitulan ~
a~,d laws of esch State of Ihe United States, as aga~nst this obligation or any extension or renewal hereof_ ~
Witness the hand and seal of each party. i
S/ Charles F. Ste;nhenson ~q
. cs~?u
S/ Marian N. Stephenson ~
cs~?u
$39.60 ~ State Revenue
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~c xao~t~cdc
NOW, THfREFORE, the MORTGAGOR for the purpose of secvring payment of ss~d sum of j 26 ~4~ . ~nd tM pe?formence of t!»
covenants and agreemenn hereina(ter expressed, and for divers good and vatusble considerations, by these present~, does grant, baigain, sell, remise,
release, conve~l' and confirm unto the MORTGAGEE, its successors and auigns, ell that ce?tain bL piect or parcel of land, situate, lyiny, and beinp in ths
County of `'t . Lucie and State of Fb?ida, dexribsd ~s follows:
Lot 36, Block 270, PORT ST. LUCIE, SECTION 6, as per Plat thereof in ;
Plat Book 12, Page 36A of the Public Records of St. I.ucie County, Florida~ '
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ST/aTE oF FLORI~J" A )
o~ ~ DOtUMENTARY,~~:-~iS1AMP TtiX ~ a
c~-~ DEPi. OF REYEHUE .,E ~
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tl'l~AttGjgl.! PERSO~ PROPf1lN'
~ p~ ON Cl11SS .c~ 71-13~. JI~fS OF 19~L~jj~ ¢
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~ rogether with all and singular the tenements, hereditaments and ~ppurtances thcreunto belonging w in anywise eppeAaining thereto, snd all rsnts, iuues, ;
~ proceeds and profin acuuing and to acuue from ssid premises, all of wFiKl+ are included in the above and foreyoirg description and h~bendum. =
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~ TO HAVE AND TO HOLD tMe sbove dewibed snd gnnted premises unto fhs said MORTGAGEE, its succeuws and auigns fwev~r. And tFr said ~
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v~ MORTG/~GOR for heirs, executort, sdrrunistrators and ~ssigns, F?ereby covenanri with 1M said MORTGAGEE, iti successors ~nd auipm, ~
~ rhar the~are _ Iawfully seized of the said prem~ses in fee simple; that the same are free, cksr and diuhu9ed from all lier?s and encum~ ~
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~ brances in Isw or in equ~ty, snd that the~ M,;11 and th -i r hein shall warrant and defend the title fo tM same to ths said ~
; MORTGAGfE, its successws and assigns, fwever sgainst the lawful cla'uns and demsnds of all persons; =
~ PROVIDED, AlWAYS that if the MORTGAGQR shall pay unto the MORTGAGEE the promisso~y ~ote hereinbefore destribed snd sh+ll truly, promptly f
a and fully per~wm, d~uharge, execute, compkte, comply with and abide by each and every the stip~rlstions, ayreemenri, conditam and coven+nb of said ~
; promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall ceate ~nd be null sad wid. :
b; IT IS UNDERSTOOD th~t the word "Mortgsgor" whether in the singulsr w plura) anywhe~e in this Mwtgsye, shall be sinpular if one only ~nd 3
shall be plural jointly ~~d severally if more than one, and that the wwd "lheir" ~s used ~nywhere in this 1Nortpape sh~ll be t~ken to mean "his,•• •'hen;• ~
or °iri,° wherever the tontext w implies or admits. Also, that whcrcvet there is • reference in th~ covenann ~nd ayreements herein coMained to sny of r
the parties hereto, the asme shall be construed to mem ss welt as the heirs, kgal r~presentatives, successon snd aui~ns (eitlxr volumsry by sct of ~
`3 parties w involunury by operatan of the law) of tF?e same and that the coven~nb herein contained sh~ll bind ~od tM beoefiri ~ed advanb~q (r?~~ m
ro the respective F?eirs, legal repreuntatives, succeuors and sss~grn of the psrties hereto.
And said Mortgsgors, fa themselves u~d their heirs, legsl represent~tives, successors ~nd auiqns. Fercby ~ointly and severally cove~ant snd ayra~'
to and with the said MORTGAGEE, its successws and asigns: W ' z
~ 1. To psy all end sinpuf~r the principsl snd interest and the various and sundry wms of money payable by virtve of said prariuory note, and thi~ ~
~ mortpage, each and every, promptly on the days respectively fhe same uverally become dve.
2. To pay all and ~inyular the t~xes, assessmems, levies, lisbilities, obliystions and encumbrsnces of every n+tur~ and kind now o~ iaid desait~, c~ ~
~ property, w th~t hereaher may be imposed, s~ffered, pl~ced, levied, a auessed thereon, w that hereafter may b~ lev~ed p ~xsse~ upon this Mor~..~
:a age, or the indebtedneu secured hereby, exh and every, when due and p+ysble, accudirg fo law, befae they become delinquent, a~d befor~ ~ny iMer~j
ri attachts w a~y penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPiIY SATISf1ED AND ~lSCHARCaED ~F~ .
RECORO AND TH E O R I G l f
3 A l O F F I~ I A L D O C U M E N T ( S U C H A S, F O R I N S T A N C E, T H E 1 A X R E C E I P T O R i H E S A
T I S F A C
T I O N P A P E R O F f I C I A I I
Y E N O O R 5 6 6 c
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~ OR CERTIFIED) SHALL BE PLACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the eveM that any thereof is ~ Q/ ~
paid, sat'sfied and distharged said MORTGAGEE may at any time pay the s~me w any part thereof withovt waiving or affecting sny option, lien, equify ot
•+qht under o~ by virtue of this mo~tgage and the full amount of each and every iuch p~ymeM shall be immediately due snd payable and shall bear ioterest
~.om tfie date tFK~cof ~ntil paid at rare of ~tne per centom per annvm and together with such interest shall be xcu?ed by the fien of th:s mw~ts~e. ~
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