HomeMy WebLinkAbout1950 ~Q {
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TNIS IN~ENTURE. Mad~ th~ 7t~1 ~Y ~ ui~~ ALlg11St A.D. 19
75MtwNn
John P. Stanton and Caaille T~~~ ~ is aife
of St • LllCie CouMy Fiwid~, hM~in+hM daipoat~d ~M "MORTGAGOR;' +nd FIRST FEDERAI~ SIIVINGS AND IOAN
A5~50CIATION Of FORT PIERCE. • aaporation orpanis~d and ~autlnp w+d~r IFw Isw~ of tlw lh?it~d Suta of AmKka u+d Mvinp ita pri~cipa) plaa of
businNS N th~ Gty of Fat Piwa, S~. luci~ County. fia•W~, I»nin~h~r d~sipnN~d a t~ '7NOItTGAGEE."
WHEREAS th~ MORTGAGOR i~ ~ty M~d~bNd b th~ MORTGAGEE fe 1M wm of i 29.200.00 pood uK! I~wfvi ma»Y of th~ UnEt~d
St~qs advanc~d br tM 1NORTGAGEE wNO tlr MORTGAGOR. at wid~~ad by ~ cauin promisswy not~ of ew~? d~t+ Mrwrith, of which th~ fdlowinp in
words u~d fipwa b a tnu oopy. towih
= 29+200.00 10021522
Fo.t Pi.ro.. Ft«wa. august 7 -19 75
Fa valw rsceiwd, 1, we a eit1+N of us, p~omis~ to pay, wi~hovt d~f~lution, fo tM order of FIRST FE~ERAI SAVINGS AND IOAN AS.SOCIATION OF
FORT PIERCE at Fort Piua, Flaida, ths wm of ~ 29 ~ 2~0 with tn~e~es1 from dat~ ~t the rst~ of8 • 75'Xa pa +nnwn, tn ewnthly imtalb
ments ~s follows: i 241.00 ~ 20Lh~y af Septesber ~q 75 ~„d ~ Glc~ sum on rh~ correspadinp d~y of ~acl+ month then-
.rr.. ~~~~i d,. Wnoi. e. f~iti P+~d.
E~ch instdlrnent first ~h+ll be appiied in payment of tF+s intNKt and tMn on tM uapaid b~lance of the pri~cipsl wm. If deiault h m~d~ fn th~
Parmen~ of .nr ~nsuum.nr whee dw, .nd wd+ dsfwir condnu.s 30 days, rhan .r ~M opran of rM tw1d.?, snd withow ~ny ott~ notice, all tM r~inirg
installme~ts sh~ll b~ dw and paysbi~ at a~no~. Privile~ b 9ir~ to prepsY thiu ~oN in wlwb w In put at any Yune withoul pen+lty. Neitl~ fonMarx~o~,
nor acc.pu~,o~ by rh. holda. tl,sreof ahe. any defa„h ~n .nr p.ym.on I+..eon, sh+ll be deemed ~xternio~. A I~te p+yment ch+r~ of = 12 • ~5 ~II b~
added to tath instaliment r~maininp unp~id 7 daya ~hN ib dw d~t~, and a lik~ swn iFwll ba edd~d to each t~ch insqllment ranainu~p w~paid 7 d~y~ after
each succ~linp PaYmtnt dafe. ,
E~ch msk~r, wre~y and enJoner herwf, jointiy and s~w~dly, ws'rves demu~d. pres~nrment protesf ~nd notioe of prwett for nonp~ymsnt, and fwtha
sg?e~s to ~ny ~ate~ion of tims of payme~t, eithp b~fwe or ~ftK matwity, without notic~ to ~ny of us; ~nd to pay all costs of collactan, includiny a
reawnable at~wney i fee in the event of any defauh Mra?nd~r, and h~r~bp wverally waivea all benefit of homeatsad snd exemption under ths caatihrlion
and laws of each Saro of tM lh?itad Sts~es, ~s ayainst this oblgatioo or sny exteesion or ren~wal FKreof.
Wimeas tM M~d and s~+l of each W?h• r~ f~3~
, „ ~ . , s/John P. Stanton ~
- ` • ' (s~?u
~ ~ g/CaaillQ G. Stantan ~
(56?t~
~ $43.80 , ~~h Rev«~
(S~~~analbd on wlpinal not~) - _
NOW. 1HEREFORE, th~ MORTGAGOR for th~ purpos~ of ~e~wi~p paymN+t of said sum of ~ 29+2~. ~ . and tM pafwm~nc~ of fM
cov~nts and a~~~emenb Iweinafter ~xpressed, u~d for dvers pood and vatuabM ooruid~ratioes, by thn~ pe~enn, does qrant, barp~ir~, aell, nmise,
relsase. tonvey aw! aonfirm vnto tFr MORTGAGEE, ifs suouswn u~d eaipns, ~11 that teruin lof, piec~ ot p~ral of land, situats, fyirg. ud b~inp ln tM
cow+ty of St . Lucie ,.na St.t. of Floria., danib.a rd~ow.:
- " Z _
Lot 7, Block 8, SURFSIDB SUBDIVISION - UNIT No. 1, accordin to the plat there-
of on file in Plat Book 10, Page 17, Public RecoYds of St. Lucie County, Florida,
By agreesent of Mortgagor and Mortgagee on file with
Mortgagee, the within moYtgage secures not ouly an
existing indebtedness, but also ADVANCBS to be HBRE- ,
AFTBR sade by Mortgagor to Mortgagee, the aggregate
of which will equal the principal a~ount specified
in the pronissory note secured hereby.
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, " i;~. ;-U: rE~EhUF - ~ DIJE ON q/L~ C INTAN610LE ~ERSp,yll~ pROPERiY
~ Z~ =-=~~•7~ ~=~:''~F= 4 3. $ L~ ~ Pu~s+wrr To ~n.l~, ~crs oF isn. J~~
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~ toy~tlwr wNh all ~nd sirgvlu th~ t~~wn~nt~, her~dit~manb and appurtae~ces tl~erwmo b~lagirg o? in anywi~ ~ppert~tnirg tl+a~to. ~rd all rMfa, f~wa,
~ procads ~nd profits xauirg snd ro aarue from said p?smises. ~II of whid~ ~n h+cluded in ths +bov~ and forpoirg duuiption and IwbMd~rrn.
TO HAVE AND TO ~ tM abow describd and 9ranted premues vnto tM ~aid MORTGAGEE, it~ waeswn and ~ssfpns for~wr. Md th~ s~id
~ !NORTGAGOR fw the Z M;n, exaa,ton, adminisn~ron and ~uiyns, fx~~by coven~nb with the said MORTGAGEE, its woc~wrs N+d anipM,
= tMt ~-~V aZ e lawfvly razed of tM s+id pn+npa in fs~ simpl~s tMt th~ sum an frN, cbu ~ed disclwpad fran a!! liern and ~nc.wo- .
~ ~~w a~~;~y. ~~t they will and the1Z hein sh~ll wa?rsnt and d~f~nd tM titb w tM sam~ ro tM ssfd -
~ MORTGAGEE, ita s~xceu«s and assip~s, forewr apairot tl» lawfvl ds&~n ~nd demands of all penaus
; PROVIDE~, AIWAtlS Mwt if tM MORTGAGOR shall pryr ~nro the MORTGAGEE tM promisw~y not~ heninbtfor~ deacrib~d ~nd shdl t~vly, pranptly
and fully pKfwm, dixM~. ~xawt~, complet~, comply with ~nd ~bide b~ each ~ed ~vKy tM stipulaYwrq, aprsarr~?ts, oorditiona and oove~ms of s~id
z promissory rate aod of tha Mortpape, tha+ this Monysqe snd tM E~tate ha~by peat~d sMll ceast and bs null and vad.
~
~ IT IS UNDERSTO00 tMt the word "Mortyapw" wheti~ in th~ sinqular a plwal ~nywhae in thb Mortps~, shall b~ sinp~lsr if on~ only aed WG
~ sh~ll b~ plwal jointly and s~wr~lly if mort than o+~e, and th~t tM word "their" as wsd ~nywl~e in tha Altortyap~ sMll b~ tska~ to m~an •'hh.•• •'hen~,•• p!p
~ o~ 'its," wFwever tFr ca+text w implies w admits. Al~o, tlwt wherewr then is a rtfK~nc~ in tM tov~naori and pr~emenb Mrtin aonbined to Nty of x
= tM putia he~eto, tM s+rn~ sh+ll b~ oonstrucd to rrwan as well u tiw Iwin. Ipal r~e~ent~tiws, sucoeswn and assigra (eithet volw»ary by act of tlN
~ partas or involuntary by oper~tion of th~ law) of tM sam~ a~d that the coven~ms herein conqinad sMll bind and tM banefin and ~dv~ntapa irwr~ ~
~
~ to tlw rMp~ctiw Min. Ipal repret~etatiws, succ~ssws and ass~ra of tM parti~s hereto. ~
? Md said IYlortq+yors, for thems~lva w~d their tKirs„ Ip~l r~pn~eMativu, a?cc~ssors ~nd ~uqro. I+Keby ~ointly ~nd a~wrslly oav~nan! ~nd apn~
~ ro and wirb th~ wid MORTGAGEE, in woasson ~nd aaiym:
~ 1. To psy dl and~sinp~lar rh~ princip~l and inter~st a~d th~ v~r'aus ~nd wnd~y svms of
~ ~Y WYable by virtw of said promiswry nott. ~nd thi~
maty+p~, e~ch uid ~vwy. PromPtly on Hw days resp~ctiwly the sarm ~ewwlly become dve.
~ 2. To p~y ~11 and ~inpvlar the t~xa, a~esueents, ~wi~s, liabilitia, oblgataro and arc~w~b~anoes of ewry n+tur~ and kind now on said dacrib~d
~ prop~rtY, or fhit INrNHM AMy b! MnpO~ld, fuHM~A. P~~t~. Iwi~d, a ~~a~d thenon, w that her~afia m~y b~ Iwid a assessed upon M~is Maq~
~ Of t~N {fldlbf~fltaf NCY~~ tllfl~• laC~l ifld ~VMy tN~Nfl dIN Mld wya~. aO~Of~ 10 ~VII. bff0?f ~~1lY ~u~M• M1~ ~01! Mty ~111MN1
~ ~naches w sny penalty a inairred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISfIEO AND DISCHARGED OF
~ RECORD AN~ THE ORIGINAI OFFICIAI DOCUMENT (StJCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFfIC1AllY ENDORSED
OR CERi1f1E0) SHALL dE PLAGED IN THE HANOS OF SAIp MORTGAGEE WIIHIN TEN "DAYS NEXT AFTER PAYMENTj and in the ~wM that any tlweof ia no1
paid, satsfied and dixhu9ed satd JNORTGAGEE may st any t~me pay the same w any pan thereof witho~t w+iveng w ~ffectin~ ~r option, liu~, puiry a
~ ~rohr vrxkr or by virtue of this mortpaqe and tF~e full amount of eath ~nd every wch p+yment sMll bs inxnedi~tely dw a~d paysbl~ and shail btar int~rpt
p ~rom the date thereof untii p~id at rate of nine pe~ centum per annum and topether with such interest ~hall be secwed by the lien of th:• morytape.
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