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Home My WebLink About0733 i . ; 26920`7 1HlS INDENTURE, N?.d: ~~16 t h day of ~~v~mb~ r ~."•A C~ ~ n T' ~t~!~ ~ A.o. ~9~... eerW.e~ In~in or Slone a.~d Shelby J Slone, hi s ~vife - - • of St . Lucie Cp~~N F~a;d~, ht~einafte~ deignated as tM "MORTGAGOR;' ~nd fIRST. FEDERAL SAVINGS AND IOAN ASSpC1ATION OF fORT PIERCE, ~ corporation arya~;zed ~nd existir~ under tM lawi of th~ Unit~d Sfit~s of America ~4d Mvinp its principal plsce of businys in tin City of Fort Pi~rte, St, lucie CouMy. Flaid+, hereinafta desiynatad ss ~he "MORTGAGEE:' ± WHEREAS tM MORTGAGOR is j~atly indabted to /M MORTGAGEE in the tum of : 3O , ~nn .~n ~ yood and lawful money of the United ! States advarxed by the MORTGAGEE unto the MORiGAGOR, ai evidenced by a certain promissory note of even date herewiti~, of which the follow~np in word~ snd figures is a ~~ve copy. to-wil: ~ 30,OOO.nO ~ 11r00182 , < • fon Ptsrc~, Flwida. ••v ~•.•,•u~.~ t~' ~ ~y ' 1 Fw value received, 1, we or cithcr of us,_prom~se to pay, without defalcat~on, to the order of FIRST FEdERAL SAVtNGS An'J LOAlV ASSOCIP.*IOY Ck 30 ~~~n . ~n ~ fORT PIERCE at Fpt Pierce, Florida, the sum oi S ~ with interest (rom date at the rate of 9•~ par ar~num, in monthiy inslall- men1S a3 ~OI!owt: s 2S7 •~U on the ~nthday o( j' E-'~ruary ~9?`~ snd s like sum o~ !he carespondirsq dsy of ea:h month tlMre- after uMil the whole be fully pa:d. - ~ Each installment tirst shatl be appl~ed in pay~nent of the i~rerest and then on ehe unpaid balance of the prindp~l sum. default is made .i~ tFw ~ payment of any irutallment when due, aod such defauh cont~nues 30 days, theo at the option of the holder, and wi~Fwut any othe~ notice, all the remcinir~ ~nstallments shall be d~e and payabte at once. Priv~lege ia given to prepay this note in whole w in p+rt af any fime w~thout penalty, tJeither ~aebearsoce, nor acceptanc! by the holder thereof afrer any default in any payments hrreon, shall be deemed extension. A Iste payment charge of = 1? - R;shall be added to each inatatlment remain~ng unpa~d 7 days afler its due date, and a I~ke sum shal( be added to each such installment remaining unpaid 7 days sfter each succeeding payment date. Each maker, surety and endoraer he~eof, joinely and severally, waives deman~ presentment p~otest and notice of protest iw nonaayment, and further agrecs to any extension af fime of payment, ei~her o~4ore or after matur~ty, without not~ce to any of us; and to pay alt costs of coflection, includ~ng a ~easonable attorney's fee in the even? of any defa~;t hereunde?, and he~eby seve~atly waives all beneiit of home:tead snd exemption unde~ the conslitufion ~nd laws of each State of ?he United States, as aga~nst this obGgation o~ any extension or renewai hereof. Witness the hand and seal of each party. Si~ W12'IfOIC~ SIOflP ($EAU S~ Shelb`~ ~ (SEAI) _ , J. Slont ~A~~ ~ ~ ~ 5 ' ~U ~ State Revtnue «U ~ape ~Eiaa~l~eDt~e at ~la~; amtf NOW, THfREFORE, the MORTGAGOR for fhe r 3O • ~n pu pou of securing payment of ssid sum of ~ ~ , snd the performarxa of ths covenants and agreements hereinafter expressed, arsd fw divers good and valuable toruiderations, by these presents, does grant, bargain, sell, rcmise, release, convey and co~firm unlo the MORTGAGEE, its iuccessors and suigns, atI that ce~lsin lot, piece w parcel of land, situate, lying, ar~d being in ths County of ~t • I--11C2E: , u~d Stafa of Fbrids, deuribed as foilows: ; _ ' :-~-i 8, 31o~k 2, SECT70'~ 25, POR; S,=~I\? LUCIE, as p~r piat t`:ereof on fil~ in : 1~+ lioo~: 1_i, Yac~e :32 or the l~uhiic Kecords or ~t .?_ucie ~~ur.iy, h 1UI'i~i~ . ti ~s _ STATE FLOR1Da. ~ ~Z OOCUMENTAR1f~ STAMP. rnx ~ yr Of?T. Uf REVE(YUE f°i" N - p.s. = ~iyZi•» - ~ 4 5. 0 0 ~ : ~ o = i~~ot ` ~ o~ - ~~'tlti`.L ?1<=/~ - ft~ f?irtitll~i ~f ~AXLS • 017 Cl.'~S 'C 1~ iC.t1G191E PERSL'i~Al PROPERIY, ; Nt;?SUANT TO CFiAPTER 71-134. IIC1S OF~~~ ~ _ ROf ER POITRA.S : ClEqf( CiRCUiI COUh?. ST. WGlE CA., ?L+. , i s i t 3 +ogether with all snd singular the ter+emc~ts, hereditsments and appurtsnces thereunto belo~ging or in anywise spperisining therefo, and all rents, iuues, ~ procceds ~nd profin acuuing and to accrue from said premises, sll of whicfi are included in the above and fwegoirg destription snd !?sbendwn. TO HAVE AN~ O HOlO the above described and granted paemises unto the said MORTGAGFE, its tuaeuas and auiyns forever. Md th~ ~aid MORTGAGOR for t~~`1 r---- heirs, executors, administratws and auigns, hereby covenann with the s+id MORiGAGEE, in successon and asspro, rhat -±r~ rA - Iawful! uized of the said Y prem~ses i~ fee simplr, that the sama am frae, desr and diuMr~ed from all lieru ~nd encum- brances in law o? in equity, and thst t~1C'~~ will and t h~•'•1 Y hein shall warranf and defend the title to the wme to the taid MORTGAGEE, its succeasors and auigns, forever sgainst the lawful claims and demands of ~I( persons; PROYIDED, AlWAYS that if tfx MORTGAGOR shatf pay unfo the MORiGAGEE the p~amiuory rqte hereirtbefo?e described and shsll truly, promptly ~ and ful(y perform, diuharge, execute, compkTe, comply with and abide by esch ~nd every the stipulations, s9reements, conditia?a and coven~nb of isid promissory note and of this Mortgage, thcn this Mortgsge and the Eatate hereby created ihall tease and be nvll and void. • 4 IT IS UlVDERSTOOO that the wad "Mwtgsgor" whether in the singuter or plural anywFere in this Morigape, shsll be sinyulu if one only and shall be plvral jointly snd severally if more than wie, and that the wwd "their" as osed snywhere in this Mortgaye ihall be tsken to mean "his;' "hen," F or "ib;' wherever the conttxt w implies q admits. Also, that whereva there is a reference in tlw covenants and agreemenb htrei~ containrd to any of the panies heroto, the same shali be construed to mean as wsll a~ the hein, kga) represe~tativq, sucussors and auigns (either voluMary by ~ct of tM parties or involun'ary by operation of the law) of the same and that the covehsnts herein contained ihall bind ~nd the be?~efiri and ~dv~nt~es inws ro the respective heirs, kgsl representatives, svcceuors and asrgm of the panies hereta And said Mortgagors, for themselves and their heirs, legal ~epresentativet, successors and auigns, he~eby jointly and severally toverunt and +Qree ro and with the said MORTGAGEE, its successat ~nd ~ui9ns: j` 1. To pay sll and singulsr the printipal and interest and the var'rous and sundry wms of maxy psyable by vihue of said promissory note, and tFw 4' ' mw.tg+ye, each and every, p?omptly on the days respettively tFx same teveralty become d~re. 2. To pay ~II and singu(ar the taxei, assessments, levies, liabilities, obligations and encvmbrancet of every natu?e and kind now on said described P'operty, w thst hereafter may be impwed, suffered, plated, levied, a sssessed thereon, or that hereafter may be levied w assesied u p o n this M o r t 9- age, or the indebtedness secured hereby, esch ~nd every, when d~e ~nd psyable, accudiny to Isw, before they beca»e delinquent, ~nd before sny interest x= attaches w arty penalty is incu?~ed; AND INSOFAA AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND DISCHARGEQ OF °C~ RECOR~ AND THE ORIGIIVAL OfFICIAt DOCUMENt (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAtIY ENpORSEO om OR CERTIFIEO) SH/lLL BE PtACEO IN THE NAN~S OF SAID MORTGAGEE WITHIN TEN DAYS MEXT AFTER FAYMENI; and en the event that any thereof is not paid, sat"sfied snd dixharged sa:d MORTGAGEE may at any time p+y the same w any part thereof without waiving or affecting sny option, lien, equity or •~~h~ ~nder or by virtue of this mortgaye and the fu~l amount of each and eyery i~ch payment sFsll be immediatefy due and payabk snd shall bear interest j•om the dare thereof un~il pa;d at rate of n;ne per esntum per annum snd together w;th s~ch i~rerest shall be secured by Ihe lien of th:s rtaryta9e.