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Home My WebLink About1181 ~ ~ ~ 6'7458 / 2 THIS INDENTURE, 1Nade the lf]~l'1 day of D.f3tl1~A1~ A.D. 10_~~., betrveen Joseph J. Stegemann an~ Elfriede H: Stegsmgn~n.~hia w~fa ` of St.~, Lucie „ Cp~~ty Florida, hereinaite~ des+gnated ss the "MORTGAGOR," and fIRS~ fEOERAI SflWNGS AND IOAN ASSOC1ATtON OF FORi PIERCE, a coiporation o~ganized and existing under the laws o( tM Un~ted Statas of America and heving its principal ptace of buuneu in the City ~f Fort Pieres, St, lucie County, florida, hereinafte~ desig~ated af the "MORTGAGEE:' WHEREAS the MORTGAGOR is juitly inrlebted to the MORTGAGEE in the sum of i~5~~~.~Da~O , good ar.d lawful money af the Un:ted S~ates advanced by ~he MORTGAGEE unto the MORTGAGOR, as evide~ced by a cerra~n promissory note of even date herew~th, of wh~ch 1he iollow~:~g in wordar ~and figures is a irue copy, ~o-wit: s_~7~~~0~~~ No 10020K~~ Fort Pierce. Florida. ~L~atiebAr ],.~j 19~_ Fw value received, 1, we or either of us, prom~se to pay, without defalcatio~, to the order of FIRST FEOfRAt SAVt1VG5 ANp tOAN .455pC1ATIdN OF FpRT PIERCE at Fort Pier1c'e, Florida, the sum of ;~~L~.~~~ OQ___ w~th interest from date at the ~ate of Q.l~fe per annum, in monthly i~srall- ~~,rn~s as fotlows: S 304~ 00 on ~he2~th day ofF9bl~i191+v ~9~~ and e like sum on the carespo~d~ng; day of ea:ti month there- attar until the whole be fuity paid. • Eath installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If defavlt is made in tho ;:ayment of any insta~lment when due, and such de(autt continues 30 days, then at the option of the holder, and w;lhout any other notice, a11 tne rema~ning ~ ~:~staltmenrs shall be due and payab!e at once. Privilege is given to prepay this note in whole or in part al any time withoul pena~ty. Neither forebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed eztension. A tate payment charge of j~, shalt be edded to eath instaliment remaining unpaid 7 daya after its due date, and a liiee sum shall be added to each such i~stallment re~naineng unpaid 7 days after eath sucteeding payment dare. Each make~, surety and endorser hereof, jaintly and severally, waives demand, presentment protest and notice of protesl for no~paymertt, and further agrees to any extension of time of payment, either before or after maturity, witF,out notice to any of us; and to pay atl costs of collxtion, includ-ng a reatonable attorney's iee in ~he event oi any defau~t hereunder, and hereby severally waives all benefit of homestead and exemption u~der the constitution a~~d laws of each State o# the Uni?ed States, as aga~nst this obtigation w any extension or renevial hereof, Witness the hand a~d seal of each party. (SEAI) S~J089n1'1 T. St[+~awmsarrf (SEAI) (SEAU _s/Elf'I~3ede H _ Steowm,O,n,r~ ~s~u i- •y.'r~3 ~ 1O ) State Revenue f6~awry~ ~eworfbd~wr~ow~in~4~rwi~ NOiN, THEREFORE, the MORTGAGOR for tf+e r se of securi n ment of said sum of j35 s~~0 ~ P~ Po ^4 D Y and the perfwmance of the covenants and agreemenrs hereinaffer eapressed, and for divers good and vafuablt considerations, by these presents, does grant, bargai~, self, remise, ~c•:ease, co~vey and confirm unto the MORiGAGEE, its successon and assigns, alt that certain fot, piece w pa~cal of land, situate, lying, and being in the County of ~ t. L]_ ~ A ~ artd 5?ate of FForida, descr;bed as follwvs: Lot 27, Block 3227, PORT ST. LUCIE FLOR;STA PIN3S UNIT 2, according to the Plat thereof recorded in Plat Book 16 at Page 37, Publia Records oP St. Lucie County, Florida, . . ~ d IH PAYMEIR ~ STAT E ~ ~C7 ~ A ~ w~ oN a~ss ~c irR?ws~~ ~Evsoru~ . ~ jp q;IIP"E . 71-134. ACTS OF lY)1. ~ r~ o~ DOCUMENTARY~ o;~STI~M~ 't.>: ~ ~~T ~E~ pp~T°,A,C ~ Z'' QEPf. JF REYENU~f.i' i-_~ CIRCUIT CO?IR(, JL WI:IE C0~ FlA U _ ~~~+?-~•r3 = 5 3. I 0 ea • I d ; 1 f 102` ~ ~ :ogether with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appenaining thereto, a~d alI renta, issues, proceed~ and profits accruing and to accrue irom said premises, al! of which are included in the above and foregoing dewiptw~ and habendum. TO HAVf AfVD TO HOID the above deuribed and granted premiaes unto the said MORTGAGEE, its sutcessors and suigns forever. And the said thei r MORTGA R for heirs, executors, administrators and assigne, hereby covenants with the said MORTGAGEE, its succeuors snd sisign~, fhat -~e~-gre lawfully x~:ed of the said premises in fee simple; that the same are free, ckar and discharged f~om all liens and ent~nr brances in faw or in equity, and that thA9 will and their heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assgns, fweve~ against the lawful claims and demands of atl persons; ~ VROVIDED, ALWAYS that if the MORTGAGOR shafl pay un?o the MORTGAGEE the promissory note hereinbefore dcuribed snd shall Iruly, promptly and fully perform, d~uharge, execute, completa, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created sha(I cease s~d be null and void. , IT IS UNDERSTppp that the wwd "1Nortgagor" whethe~ in the s~~+gular w ptural snywhere in this Mortgage, shall be singula~ if one only and r shall be plural jointly snd severally if mwe than one, and that the word "t he~r" as used anywhere in this Mortgage shall be faken to mean "his; '"hers; ' or "its," whereve? the context so implies or admits. Also, that wtierever there is a reference in the covenants and sgreements F~erein contained to any of rhe parties hereto, the same shatl be construed to mean a~ wel! as fhe Fxirs, Jegal representativts, successas and assigns (either voluntary by ~p of the parties w involuntary by operatan of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages i~ure ro the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legaf representatives, successoas and assigns, hereby jointly and severally covenant and agree ro snd with the said MORTGAGEE, its successors and assigns: 1. To pay all and tingvlar the principal and interest and the various and sundry sums of money payable by virtue of said promisswy note, •nd this mortgage, each and every, promptly on the days respedivety the same severaity become due. 2. To pay all and iingular the tsxes, assessmenis, levies, liabilities, obJigarion~ and entumbrances of every nature and kind raw on said described property, p that hereaiter may be imposed, wffered, placed, levied, or assessed thereon, or thst hereafter may be Ievied w asussed upon ihis lNoriy age, or the indebtedness secured hereby, esch and every, when due a~d payable, accordirg to (sw, befwe fhey becorne delinquent, and be/ore any interest artacht~ o~ any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SAiISfIE~ AND DISCHARGEO OF RECORD AND THE ORIGIIVAL OFFICIAI DOCUMENi (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CER~tflEd) SHAtL BE PtACED IN THE HANDS Of SAIO MORTGAGEF WITHIN TEM DAYS NFXT AfTER ?AYMENT; and in the event thaf any thereof is not paid, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same w any part thertof witFw~t waiving pr affetling any pption, lien, equity w +~qht urtder a by virtue of this mo~rgage and the full amount of rach and every such payment sha(I be immediately due and payable and shall bear interest ~•om tFm dare thereof until pa;d at rate of n~nt per centum per annum and rogethe~ w~th tuch inte~est sha10 be setured by rhe lien of th:s morgtaye. 8COK2~O PACE~~78 . - : ~