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Home My WebLink About0414 ~66901 ~ THIS INOENTURE. Made the i 5~L_. day of -_~.ctobPr , A.D. 19_~~, between rharles 1. St-ai l;.,dn ~n~ FlorencQ -~~.tlin~G h; ~~.f~ of - St. ?,tlr`lE________y Counfy Flw;da, haeinaf~er desyn3red as ~he "MORTGAGOR,° a~d HRST fEDERAl SAViNGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporat~on orflanized s~d ex~zti~y undrr ~he laws of the Un~ted S~atos of America end h~ving itt prinupal place of business ln the City of fort Pierce, St. lucie County, Fiorida, hrreinafter desig~ioted as ~he "MOR1GAGfE." WHER~:45 the MORiGAGOR is justly indebted to fhe MOR7GAGEE in the sum of S 2 S~ 000 _ ~0 good and law(uf rr,c~ey of the Un:ted Siates advanced by the rdORiGAGEE unto the MORTGAGOR, rs evidenc_d by a te~tain prom~ssory note of even date herew~th, of which ihe ioilo~ning in words and figures it a true copy, to-wit: . z25 ~ 000.00 t~o 1Q02Q~9 Fort Pierce, Florida, Oetober 1„~ ~p~~ Fa value recerved, 1, we or either of us, prom~se to pay, withouf deFa'.tat~on, to the order of FIRST FEOERAI SAVINGS A!~D LOAN AS~JCIATION OF i FORT PIERCE at Fort Pee~ce, fbrida, ~he sum of S-~-rQQ~y.~__.___ with ~n~eresr from dare at the rate of per annum, in mo:~thfy inuall- ments as fol'.ows: = 91 S_ n~_ on the ~Q~lday of FPhrnarv., ~q_Z~ and a Gke sum on the correspond~ng day of each momh there- \ ~tter until Ihe whole be fui?y paid. Each instaltment first shall be applied in payment of rhe interesf a~ then on the unpaid balance of the princ+pal sum. ~f defautt is made in the ~ayment of any installment whe~ due, and such defauh con~inues 30 days, then at the option of the hotder, and without any att~tr ~otice, all the remaining ~ ~~~iratl~nents ihal~ be due and payable at once. Priv~lege i~ g;ven to prepay this note in whole or in part at any t7me withouf per.3lty. Neither fo~ebearance, ' r.or acceptance by the ho(de? thereof aftrr any defauh in any payme~ts hereon, shall be deemed extension. A la~e payment charge of S_~.Qtushsll be added to each insfaftment remainEng unpaid 7 days after its due date, and a like sum shall be added to each such installmem rema~ning uopaid 7 days after ` each succeeding payment date. Each maker, sure~y and endorsrr hereof, jointly and severa(ly, waives demand, presentment proteat and notice of protest for nonpaymrnt, and further agrees to any extens~on of teme of payment, either be(ore w after mawritv, wirhout notke to any of us; and to pay a.! costs of collection, ir.dud:ng a irasonable attorney's fee in the event of any defau~t hereunder, a~d hereby severa(iy waives a? benefit of homestead and exemption under fhe coostitulioq .+nd laws of each Srate of the United States, as against this obllgat:on a any extens~on or renewa~ hereof. Wirness the hand and seal of each party. _ (SEAL) ~ ISEAI) X (SEAL) ~ _ 50 s lorence M. Stallings ~5~~~ ) srare aevenue iStar~ ~a~oraltrrL•••• ^.:ginal.r~srl NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of s~S ~00~•00 and the perfo:ma~ce of the covenants and agreements iureinafter expreued, and tor diveri good and vatuable considerations, by these presents, dces grant, bargain, sell, remise, r~:ease, convey and confirm unto the MORTGAGEE, its sutcessors and auigns, all that certain IoL piece or parcel of land, situatc, lying, and being in the County of ~ t' . I,,LIr le and State of Florida, detu~bed as fol~ows: Lot 8, Block 3222, PORT ST. LUCIE FIARESTA PINES UNIT 2, according to the Plat thereof recorded in Plat Book L6, Page 37, Public Records of St. Lucie County, Florida, ~ i . i I ~ STATE ~F F~oRi~~.~ ~ OOtUMEN~ARY~:., ~ STAMP 1 t: z. ~ = P;~ ,1.~ _ ~ °c-~ _ GEPT. UF P.EYENUE , - OCI2S'» 1~.'. 3 7 5 0 i RfCf~, c•5-~--~~_ :~•.•j~~ pf TIU(ES ' -~Pe~ - 1 ~ ati ~.u~ . -~:c^:~~~ r~oee~rt. { U ~ ' p~{Wit TO CIi1Ft'~a 71•134. M."1S ~ 1l71~~- . ~ ro~1N?s ~ ~lIIK W~1R DWiiC~ tT. UIqE ~ ~ ~ ~ ~ rogether with all ar.d singuiar the tenements, hereditaments artd appurtances thereunto belonging or in anywiu appertainirg thereto, and all rents, iuues, p~oceeds and profits accruing and to accrue from said premises, all of which are included in the above snd foregoing description and habendum. TO HAVE AND TO HOLD the above described and grsnted prem~ses unto the ssid MORTvAGEE, its successors and assigns forever. And the said 'NORTGAGOR for --~lr---- ~;rs, executors, administrarors and assigns, hereby covenants with the said MORTGAGEE, its successors and suigru, rhat -t~~-~ZY'-e--- lawiu!ly se~zed of the uid prem~ses in fee simple; that the same are free, ctear snd diuharged from all liens and encvm- brances in law or in equiry, and thst_.~g~ wi11 and +-4+~ heirs shaN warrant and defer~d the title to the same to the said IbtORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORIGAGEE the promissory note hereinbefore deuribed and shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and eve?y the stiputations, agreements, conditions and covenants of aa~d prom;ssoiy note and of this Mwtgage, then this Mortgage and the Estate hereby created shall cesse and be null and void. IT IS UNDERSTOOp that the word "Mortgagoi' whether in the si~gular or plural anywhere in thi• Mortgage, shall be singular if one only and shall be plural jointly and severally if more than orx, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his," "hers," or "its," wherever the conrext so implies or adm;is. Alsp, that wherever there is a reference in the cove~ants and agreements herein contained ro eny of ihe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors and as~igns (either voluntary by act of the parties or involuntary by operation of the lawl oi the same and that the covenants herein contained sha~l bi~d a+xl tfie benefits and advantagq inure ro Ihe respective heirs, legal representatives, succeasws and ass~gns of the parties hereto. And said Mortga9ors, for themulvea and their heirs, legal representatives, successors and assigns, hereby joint~y a~d severally covenant and agree ~o and with the said MORTGAGEE, its successors and assigns: 1. To pay aq and singutar the principal a~ interest and the variovs and sundry sums of money payable by virtue of said p?omissory note, ~nd this ' mortgage, each and every, promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessments, leviei, liabilities, obligations and encumbrancet of every rsature and kind rww on said described property, a that hereafter may be impoted, suffereQ, placed, levicd, or assessed thereon, a that hereafttr msy be lev~ed o? assesxd upor? thif Mortq- age, or 1Fie indebredness secured hereby, each and every, when due and payable, xcording to law, betore they become delinquent, and before any interest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCHbRGEO OF RECORD AND T?1E ORfG[hA! OFFICIA! ~JOCUMENT 1SUCH A5, FOR 1NSiANCF, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AltY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, sat sfied and discharged sa'd MORTGAGEE may at any t~me pay the same w a~y parr thereof witlwot waiving o~ affecting any option, 1'een, equity oa •~qht under or by virtue of this mortgage and the full amount of each and every such paymenl shall be immediately due and payable and shall bear interest <<orn the date thereof uMil patd at rate of n~ne per centum per annum snd togetner w~th such imerest shall be secured by the lien of th:s morgtage. - i~lf Z~O PA " ~ _ _ . . _ _ ~ _