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Home My WebLink About1224 30S70r~ ~HIS INDENTURE. Made the.-28th day of MarCil _ A.D. 19_75 belween Charles F. Stephenson and Marian H. Stephenson ~ his wife~~~ of St. LuCie Cpunty Ftwidi, hereinafier desiynated as ~he "MOk1G~1GpR," and FIRST FEDERAL SAVINGS AND IOAN ASSO.IATION Of FORT PIERCE, a corporat~on orga~~zed and ex~sting under the laws of ~hc Un~fed 5?arai of America end hwi~g its prinupal pl~ce of bvs~ness in the Ciq of fon Pierce, St. lucie County, Florida, hereinatter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR it justly indebted to the MORTGAGEE in thc s~m of S_~tQ~a~Q good and la.vful money o( the Un~ted Srates advanced by the MORIGAGEE unto the MJ2~GAGOR, as ev~denc~d by a cerreu~ pro~nisso:y note of evcn dete herewith, of wh~ch the followin9 in ..o~ds and fpures ~s a true copy, to-wit: S 39 , 000 . 00 13000009 Fcrt Pierce, flwida, Ma rch 28 ~y~~ For va!ve received, 1, we or eilher of us, promisr to pay, without defalce~~on, ~o the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ;Ki PIERCE at Fort Pirrcn, Flo~~da, the sum ai s-39~~'~ .h~th ~nrrreat lrom datc at the rrte of Q~~ per annum, in moMhly insfall- ~••~s as foI!ows: 5--32 1!~ on the _2OLhday of ____-Ma}L___.. , 19. _T.~_ and a like sum on the correspond~ng day of each manth there- ,1•r~.. ~ntil the whole kx fully Naid. Each installme~t first sha:l be applied in payment of the interest and ihen en the unpa~d balance of the princ~pal wm. If de(ault is rnade in the r.~nt of any instaiGnent when due, and such defautt continues 30 daya, /hen at the option o~the holder, artd without any other notice, all the temaining :r~'imenrs shall t,e due and paya61e a~ once. P~ivilege is given to prepay this noie in whole or in part at any time without penalty. Neither fwebearsnte, ~ o~ accepfance by the ho~der therzof a~ter any default in any paymems hereon, ahall be deemed extens~oo. A late payment charge of S-~.Q~ thall be . i_d to each insratime~t ~emaining unpa.d 7 days after its due date, and a Gke s~m sha~l be added to each such installmeM remaining unpeid 7 days sfter ~~:ch succeeding payment date: Each maker, surery and cndorser hereof, joincly and severally, waives dr~nand, presentment protest and noti.e of protesf for nonpaymeM, and furihe? ~?-~es to any eAtensron of time of payment, e~rfier before or after .r:3tu.~fy, wit%~o~~ nu!~ce to any o{ us; and to pay a!I costs of co~lection, inc(ud(ng a ;:,~~jble atromcy's fee ~n the ever.t of any default hereunder, and hereby seve-a;ly wa~ves aII benefit of homestead and exemption under the co~stitution ~f ic,ws of each STate of fhe Un~!ed Sretes, a: aga:nst this obGgat~o~ or any extens~cn or renewal hereof. W~tness ~he hsnd and seal of each party. ; s/ Charles F. Stephenson ($EAl) ~ ~ w ' ~ .n ~ . .~j, t - - (SEAI) s/ Marian H. Stephenson ~Eq~~ ; ~ S8• ~ $tate Rerenue (~l' ~ u:~psl~nc~it~ciorLOCig~ual ~t~ NOiN, THEREfORE, 1he MORTGAGOR for the purpose of secvring payment of said sum of : 39•~~0•~0 , and the pe~formance of the _:enants and agreements here~neiter expressed, and for divero good a~d valuab'e cons~derations, by these p~esents, dxs gront, ba~gain, sell, remise, -:se, convey and confirm unto the MORTGAGEE, its successors and aasigns, ail that ce~tain lot, piece or partel of land, situate, lying, and being in the :ovnty of - St . Ll1Cle _ end State of Florida, described ~s follows: Lot 36, Block 270, PORT ST LUCIE, SECTION 6, as per plat-thereof recorded in Plat Book 12, Page 36A of the public Fecords of St. Lucie County, Florida, 3~ao - ~ a~~ - a3~~-o00~~ ; S . t ~ 1 Q,~ ~ i ~ "r ~ ~°Siq~;~ { ~ . ! - ff ~.Y q ~ , o ~ B ~ 4 E r~lr. ~ \ ~ r~~ ~ . ~ ~ f i. \T~ ~1/~ ~ . RWi~~~r " ' IN P~t'~~EHT ~ TA1(fs- :~~•t r. v,~ ~ d~ ON f~i 'C It1~AfIG18lE YE!.:. - ~~E3t1Y. - ; a~ ' . ' ~ ~T-,, ~ . ~ ~~p ~ oF~i~,. ; - i ` ~ ~ 'S 0 CtPAK ~1M~iMf WIIRt. iR !~E ~ i ` ~ ~ l ~ ~ E 1 6 ! ~ ~ ~ '.aefher with a#I and singular the tenements, he~editaments and sppurtances thereunto belonging a in anywise appertaining thereto, and all rents, is~ues, ~ ~ ~~cceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing desuiption and habendum. ~ f ~ ~ ~ TO HAVE AND TO HOLD the above de:cribed a~d granted premises unto the said MORTGAGEE, its suEFessors and sssigru forever. And tM ~aid ORTGAGOR for --thel Y-___- heirs, executors, administrators and assi4ns, hereby covenaros with the said MORTGAGEE, its successors and auipm, ~ t 3 ~ r~,r ~~~X-a~Q---- lawfully seized of the said prem~ses ~n fee simple; thst the same ire free, desr and disch~rged from •11 liens u~d eocum- ' they ` ~ •ances in Isw d in equity, and that will and their heirs shall warranf and defend the title to the same to tF~e said : : :'ORTGAGEE, its successcrs and ass]gns, forever against the lawful ctaims and dema~ds of all persons; ~ x PROVIpED, AlWAYS th~t if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe destribed and sMll truly, p?omptly i ~ fully perform, discharge, exec~te, complete, comply wi~h and abide by each and every the stipulatioris, agreements, cooditions and covenants of said ~ j -~-n~sswy note sr+d of fhis ldortgage, then this Mortgage and the Estate hereby crea~ed shall ce~se and be nuli and void. ~ ~ IT IS UNDERSTOOD Ihat fhe word "Mortgagor" whether in the singular or plurel an.ywhere in this fAwtgsge, thall be singular if one only and ~pG. ~ ~ ~~.3I+ be plural joimly and severally if more than one, and that the word "their" as used a~ywhere in this Mortgage ~F?all be taken to mean "his;' "hers;' 0p~ ~ -"i+s," wherever the context so implies a admits. Also, that wherever fhere is a refe~ente in the tovenants and agreemenri F~erein coMained to sny of y~ ~ r e parties hereto, the same shall be construed to mean as well ss the heirs, legal representatives, suctessas and asi~gns (either volunlary by ~d of the a ~~~ries or involuotary by operation of the faw) of the same and that the covena~ts herein contained shall bind and the benefits and sdvaotages inure ~ , rhe respective heirs, legal repre:ematives, wccessors and ass'gns of the parties hereto. ~ ~ < ~ And sa+d Mortgagors, for themselves and their heirs, legal represe~Utives, successors and ~ssigns, hereby joinNy and severally toveoant and aqree ~ ~ ~o and with the uid MORiGAGEE, its successors and assigns: ~ i l. To pay all and •ingular the prirxipal and interest a~d 1he various and sundry sums of money psysble by virtue of said promisswy ~ote, snd this ' ~ ^:ortgage, each md every, promptly on the dsys respectively the same severally become due. ~1 ~ ~ 2. To psy all snd singula. the taxes, asiessments, levies, li~bilities, obligations and encumbrarxet of every nature snd kind ~ow on said described ~ property, or that hereafter m~y be imposed, suffered, placed, levied, a auessed thereon, ot that hereafter msy be levied w asse~sed upon tbis Mort¢ ~ age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and befor~ ~ny interest ~~eches or any penafty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RECORD TME SAME SHAtt BE PROMPTLY SATISPIED AND DISCHARGED Of ~ YECOR~ AND THE ORIGIhAI OFFICfAI DOCUMENT iSUCH AS, fOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFICIAILY ENDORSED ~ ~a CER:If1ED) SHAtL BE PIACED ~N THE HANDS OF SAID MORTGAGEE WITHIN TEN UAYS NEXT AfTER PAYMENT; and irt the event that any thereo( is not .~-f. sat sfied and discharged sa'd M,ORTGAGEE may at any hme pay the same w any part thereof without waiving or affecting any option, lien, equity p ~ - ~~.;nt under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payab~e and shall bear interest , ~o~~ rhe date +~e-ec~ • n~l! ea d a+ •ate of n~~e per cenwm per annum and together w~th such interest shall be sec~red by the lien of th s morgtage. , - `"~"tn. .m~. 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