The URL can be used to link to this page

Home My WebLink About1385 ~c'`';40 r ~s ; ~ . ~ TAIS INDENIURE, Made~the ~ llth day of ~PYii - A.D. 19_ betNeen 3 z Bdward M. Stushahn Jr. and Lei h R. Stwchahn hi wif ~ St • L.l1C e "MORT FIRST FEDERAI SAVINGS ANO IOAr~ + of Counfy florida, hereinafter deignat t ~P4%~ ~r~a M~~ ~~M~ ~„~a of ASSOCIATION OF FQRT PIERCE, • corpor~tion wp~n~zed +nd existin9 unde~ rh~ laws of the United Sf~t~! of P P P~ buiiness in tFk City of fwt Pi~res, St. lucie Counfy, ffaida, her~inafter desyn+?ed ~i th~ "AAORiGAGEE:' WHEREAS the MORTGAGOR is jua~ly i~debt~d to the MORTGAGEE in the su~~ of = 31 ~ g~~~~ p~fld and lawful maxy of the Un:ted S~stes advanced by the MORTGAGEE unto the MORTGAGOR, as eviJenced by a cenain promissory nots of ~ven date hcrawi~h, of which the fol~ow~~ word~ and !f' ~urei is a trve copy, lo-wit: " , 1~2~~~ ~ 31 ~SW~00 ' . : . ~ Fort Pieres, Flwida, Aar i 1 11 1 q_~4 ~ For value received, 1, we or eiiher of us, prom~se to pay, without defelcai~on, to the order of FIRST fEDERAt SAVINGS AND LOAN ASSOCIATION OF , FORT PIERCE at Fwt P~erce, Fforida, the sum or s 31 w~rh inteiest from date at the rate ot 8i7S1'o per annum, in monthly install- ~ i ments as foltows: S 259 Z~tb day of ~y 19. 74 and a like s~m on the carres{.wr+d~ny day ot each month there- after until the whole be fully paid. . Each installment- first shall be applied in paYment of the interest and then o~ the unpaid bal~nce of the prinupal sum. If default is made in the payment of any installmem when due, and such default continucs 30 days, then at 1he opt~o~ of the hoSder, and witho~t any othet notice, all the remaimng installments sha~l be d~e and payable af once. Privilega is 9iven to prepay this note in whole or in p~A +1 any time withoW pcnalty. NeZZ 95bearance, na acceptance by the holder Ihereof a(ter any default in any payments hereon, shall be dcemed extensio~. A late payment tharge of S • shall be atiaed to each insieiimr~~~ re+~~a~n~~x~ ::npa:~ T s3aYs after its dt.~t dasr, ar~J a ~i1e wm shall be added to each such insra~lment remaining unpaid 7 days after each succeeding paymeM date. Each maker, surety and endorxr hereof, jointiy and severally, wa~ves demand, prescMmenl protest and notice of protest for no~paymrnt, and further sgrees to any extens~on of ?ime of payment, either before or after maturiry, withou~ not~ce to any of us; and to pay all costs of collrction, includ~rg a ~ reasonable atrorney's fee in the eve~t of any defau~t he+eunder, and hereby severally waives all benefit of homestead and exemption under the conslitul'an and laws of each $~ate of the United States, as agsinst this obl~gation w any eatension or ~enewal hereof. Witness the hand and seal of each party. (SEAI) s Bdward M ts~?u (SEAL) ? s Leigh R. Stwchahn ~s~ ~ ~i47~25 ~ State Revenue 3 (s'w'~„ ~°"`~w~~"'°"y~"°~' "aei 31 SOO 00 ~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S ~ ' and the performance of ths ' covenants and agreements hereinafter expressed, snd for divers good and valuab!e conside~ations, by theu prese~ts, does grant, bar9ain, sell, rem~se, ; re~ease, convey and confirm unto the MORTGAGEE, its sxcesso~s end assigns, all that certain lot, piete w partel of la~d, sitvate, lyi~g, and being in the ( St. Lucie ' County of and State of Fbrids, dewibed as follow~: } ~ l.ot 7, Block 125, LAKBWOOD PARK UNI2 10, according to the plat thereof on file ~ ~ in Plat Book il, Pages 29A, 298, 29C and 29D, Public Records of St. Lucie County, Rlorida, ~ ~ ok ~ oF ~~4PyS ~y,,•~ . . . . . . . . . ~ ~Q ~`S C~ C, ~ v~0\• 'y~~ c, 1 LO . . ~p~ ~1~ ~~f~`. Ji~t. ~ S T,c~7-~ o~ .c•`'~~-Q Q~° S~ ` ~ oocu.ltiENT ~LOR fp> f ~~o~~~~~.. ae.- PEP?_ n`F ---AftY~ S T N _ HEVEMUE _:f~~,~-~ -~aM_ P1l~ a" I \_,~jt n r ru.~ R..- F, t - P.O. .1t?: ~ 9'T~{. ~ ~ ' ~(v v O ~ IfIC+? F'~~ ~ 7 Z 5~ r 1 ' ~ . together with all a~d singular the te~ements, hereditaments a~d appurtances thereunto belonging or in a~ywise +PPertsini?g thereto, ~nd all rents, iuues, pioceeds and profin accruing and to accrue from said premises, all of which are included in the above and foregoing desu~ption •~d h+be^d~'^• TO HAVE AND TQ HQID the above described and granted premius ~nto the said MORTGAGEE, its. successors ar~d assigns forever. And tht said MORTGAGOR for - tilelY ~~rs, executws, administratois and assigns, hereby tovensnts with fhe said MORTGAGEE, in sutcessors and asti9ns. r~t - they_ BiYe ~awfully x~zed of the said prem~us in fee simple; thst the same sre free, clesr snd discharged trom all 1'Kr?s and encum- brances in law or in equity, and that they W~~~ a~ their heirs shall warrant and defend the titk to the same to the said MORTGAGEE, its successors and assigns, fwever sgainst the law(ul claims and demands of all penons; j Y.M P Y Z PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbefc?e dewibed a^d shsll trul om tl and fuliy perform, d~scharge, .execure, complete, comply wi~h and abide by each and every the stipulations, agreements, conditioru snd covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby uested shall cesss and be null and void. ~ IT IS UNDERSTOOD tMt the word "Mortgagor" whether i~ the singular or plural anywhcre in this H~ortgage, shall be singula~ if one only ~nd ~ sh~ll be plural jointly and severally if mwe than one, snd thal the wwd "their" as used anywhere in this Mortyage shall be t~ken to mesn "his;' "hen; arp or "its;' wherever the context so implies a admits. Alw, that wherever there is a reference in the covenamf and sgreemcots herein contained to any ~ the panie~ Fxreto, the same shall be construed to mean as well as the heirs, legal representativei, successors and suigru (eithe~ volunt~ry by xt of thefi { parties or involuntary by operatan of the taw) of the ssme and that the covenants herein contained shsfl bind ~nd the benefits and sdvantaget irwre~ j to the rapective hein, legal represe~tatives, successws and au~gns of the parties hereto. i And said Mutgagors, fw tFxmselves and their heirs, legal repreuntatives, successort and auigns, he~eby jointly snd severally covenant and ~yree~ ` to artd with the said MORTGAGEE, its successars and assigns: ? 1. To pay ell and singular the prirxipal and interest and fhe various and sundry sums of money payable by virtve of said promissory no1e, +nd this ~ ~ mortgage, esch snd every, p~anpllY on the days respectively 1Fro same severaily become dus. # 2. To psy and s~r?gvlar the taxes, assessmenri, levies, liabilities, obligations and encvmbrances of every n~ture a~d kind now on said dewibed w p~operty, w that hereafter may be imposed, suffered, plxed, levied, o? assessed thereon, w that hereafter m~y be levied or afxssed upon this Mort¢ W aye, or the indebtedrxss secured hereby, each s~d every, wFxn due and paYable, xcordiny to law, before tl+ey become delirpuem, e~+d befoie any ioterest ~ a~taches o+ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORO THE SAME SHAII BE PROMPTIY SATISFIED AND OISCHARGED Of ~ RECORD AND THE ORIGIPSAL OfFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TME SA115FACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Qf SAID MORTGAGEE WITNlN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is r+ot paid, sat'sfied and dixharged sa:d MORTGAGEE may at any t~me pa/ the same a any part thereof without waiving w sffecting any option, lien, equity w _3 •iQh1 under o? by virtue oF this mortgage and the full amount oI each and every such payment shali be immcdiately due and payabk and ~hall bear interest ~•om the date thereof until paid at rare of n~ne per cent~m per annum and togNher w~th such imerest shall be secured by the lien of th:s morpt~ye- ~ ~ _ - ~I - j ~ ~~Y J ' ~ ~ : : ~ sxf ~