HomeMy WebLinkAbout0167 C~a~..~ .r..... r. . . _ . . ~ ' _ ~ ,
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THIS INDENTURE, N4d~ the 24th day of ~y - A~• 19 76 ~tw~ •
Jades P Ste;+hens and Maureene C. S.
*~h$p,s.-h~s ~e
of St . Ll1CiC County florid~, Mr•in~hK duiy~+~ed a~ th~ "MORTGAGOR;' •nd fIRST FEDERAI SAY~NGS ANO IOAN
ASSOCIATION OF FORT PIERCE, a cwpor~tion ory~nis~d and ~xistinq undK th~ laws ot ~h~ Unit~d Sut~s of MNriu u~ havinp its principal plap of
buiirru in tM City of Fort PiKCt, S~. luca Couety. Fbrida, I~~inahir d~sipn~t~d ~s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is jwtty indeb~ed to tM MORTGAGEE in tM tum of :~~Q~~~ qood and lawful mon~y of tM U~it~d
Jtat~s ~t1WnClO Dy tM MVIfiVi~u[c umu Ins ivtVitiVi~~svic. ~s a.wo~wou aq ..o.:.:~. p.:...::::J:~ 3; :.:.a ~~7C ~o:C::i•l.~ :i .,.1.:.1. •4. I.JI..w:..~ le
wadi and fi9ur~s is a trw copy, to-wit:~
_ ~ ~ 130003Q4
Fo.t P~.rc.. F~«~d.. MaY, 24 ~9.~.~
Fw valve received, 1, we w either of us, prom~se to psy, withouf defalcation, ~o the order of FIRST FEDERAI SAVINGS ~NO LOAN ASSOCIATION OF
FORT p1ERCE at Fort Pie~ce, Fbrida, the sum of = 30~~~•~ wilh interesr f~om date at ths rate ofg•7+',~ pe~ annum, in monthly iralall-
menb ai #ollows: S 247 o~ the 2Ot~lay of `Tuly 19 76 a~+J a lika i~m un the corre~pond~ng day of sach month tMr~-
a(ter until the whole be fully paid.
Each ~ns~aflment first shall be appl~ed, in payment of the interest ~nd ~he~ on the unpaid balsnce of the pr7nc~pal sum. If default is msde in 1M
payment of any installment whe~ dw, and such default continues 30 day~, then at the oplion of the holder, snd witFwvt sny othet notite, all tM remain'u?~
~nstallmenb ~hall be due snd payabb ~I once. Privileye is yivcn to prepay tAis note in whole or in parf at sny time without penalty. Neitha fwebeu~nce,
rw~ ~caeptanca by .tF~e hofder thenof after .~oY defaplt in ~anY p~Y+~enb hereon, shall be d~emed ~ztensia+. A laro payment ciwrpa of ~e.ta~. sh~ll b~
added to each insNftrr»nt remaininp wpaid 7 days ~ftM its dw daN. }nd a lik~ wm ~MII be ~dded to tsch such instal4nent ~~ini~p w?paid 7 d~ys afta
aach succeeding paymeM data _
Each maker, surety and endorsen c~reof, jointly and iererally, waives demand, presentment protest and notice of proteat toi na+payrne~f, and furthN
agrees to any exte~sion of time of payment, either befors or after m~turiry, without notice to a~y of . us; and to pay all mats oi collectwn, includinp a
reasonable attorney's fee in the event of any defsult hereunder, ~nd hereby sevmally waives all benefit ol Fiomestead and eaemption under the constitWbn
a~xl fewa of each Siate of the U~~itcd State:, ss against this obliflation or u+y extention or ~enew~l Fxreof.
Witness the hand and seal of each party. '
~ ~s/Ja~es P. Ste~he~ns ~~u
Z~A-f"
E z~ ~~F L CO R i D A+• ~y
:~~7Ct.F;.1EtfTf~RY.~~ --,STAMP t ~
UF REYEMJi-~;-~~~~--~ ! -~s/Maureene C. Sten~,eas ~,U
s4s oo Pe_ _ ~s.l~-•~~ ~':T~~~~+~ 4 5. 0 0 I cs~,w
c • ) sfate a.ve~n,.= : i ~ .t - '
(S~sw~~cdle~aTSrl~tr+ai~+v~N , ~ - ~
NOW, THEREFORE, ths MORTGAGOR for the pwpos~ oI securirg psyment of ssid sum of ~nd ths performana of th~
covenants and spraementi FKreinafter expressed. ~nd fw divers good and valusbb consideraYrons, by thess presenn, does grant, baryain, ull, remiss,
relesse, convey and confirm unto tM MORTGAGEE, ib svccessors and ~ssiyna, all that cenain bt, pieoe or pucel of land, utwte, lyin~, ~nJ beinp in th~
County of St . I.ueie and Sute of Florida, dewibsd as follows:
~~~w~~~-• 13GI- L~C>~~- t /~c~-
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Beinq a parcel of land lying in Block 32, IAIC~100D PARK UNIT 4, according to the
Plat thereof filed in Plat Book 11, Page 2, Public Records of St. Lucie Couaty,
Rlorida. Being aore particularly described as followss
TRAiCT 8
Rrc~~th-e Soutbeast cornez of aforesaid Block 32, ran South 89° 57' West 217.50 feet
to point of beginning; thence continue South 89~ 57' West 85 feet; thenae North O~
i 3• West I50 feet; the~ce North 89 .5~ ` 6a st 85 feet ; therice South O° 3• Sast 150
; feet to point of beginnin9. ~
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~ By agreesent of Mortgagor and Mortgagee on file with Mortqagee,
; the within sortgage secures not only an eadstiag indebtedness~
~ but also ADVANCES to be HERBAFTER aade by Moztgagee to Mortgagor,
~ the aggregate of which will equal the principal aaount speci.fied
~ in the prowiasory Aote secured hereby. --~N p'"f'~~ r,~ iP.~~
~Q-.____---- ER~Y,
~ ~
os ~ :~s •c• tN(AttG18LE `!~ls Qf ~19/1.
~ ~~J~}~T 70 (~1ER 71-13b.
~ flpgFR PO1tRAS
~ ST. LUG~ 00. FIA.
~ ~ogcther with all and singulu the tenememb, hereditsments ~nd appwta~tes thereunto belonpiny o? ~ iw ~pptrl~inu~y ti~eto, and all renri. -ksws.
p?xeed~ and p?ofits xauing and to accrue from said premises, aN of which ~re included in the abov~ and fw~poinp d~scriptan and habendum.
~ TO HAVE AND TO HOID the •bove dewibed snd grsnted prerri~ses unto tF+~ said MORTGAGEE, in suaessors u~d +sssyns fwevar. And tlw wtd
~ MORTCsAGOR fo~ their executon, ~dminisu~tort and assiyns, hereby covensnts with 1Fw t~id MORTGAGEE, its sucussws and assiprr„
~ rhat ---~h~~-~g- Iawfvlly se~zed of the said pre.n~s~s in fee simpl~i that tM sarrw ar~ fra, dear and disch+rged from ~11 liera ud ~ncair
~
~ brances in law or in equity, +nd thst th~ will ~nd their hein sMll wurant snd defend th~ titk to the wm~ fo tM s~id
MORTGAGEE, iti successors and auiyns, fwever ~yainst tM lavrful cl~ims snd dsmands of all penau;
PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE 1Me promissory no/e hereinbefu~ destribsd and th~ll iruly. prompRFy
and futly perform, diuMr9e, execute, comptets, camply with ~nd ~bide by euh and every the stipulatior?s, agresmenb, caxlitiau and coven~nri of s~id,T,
t promi3so?y note and of thii Mortya9e, then this Mwtysye and tM Esate her~by ueated shalt cease and b~ n~ll and void.
~ IT IS UNOERSTOOD that the wwd "Morty~w" whethe~ in the singular or plural anywt~ere in this Mortys~e, shall b~ sinpula~ if ons only and
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shall be plurd joietly ~nd wverally if mon than one, and fhat the word "fheir' as used anywher~ in tha Mortysye iMll be t~ken to rrw~n "his,•• "Mn••~.
~ oi "in," wherever the context w implies o~ admits. Also, that whereve~ there is a reference in ~I,. cov.nann and ap.eemen» i~ere~n conuG+~d ro ~mr of ~
~ the parties hereto, the same ihall be construed to me~n ss well ai the heirs, ky~l reprue~statives, s~ccs~sors u+d ~ssiyro (eithet voluntary bp ~tt of th~ ~
parties w involunury by operation of the law) of the same snd that the covenanti herein contained shsll bind ~nd tht ba+~firi and advuHp~s kwr~
~ to the respective hein, leyal representstives, s~ccesson snd au'y~ of th~ pa~tits I~e~eto. ~
~ And ssid Mortysgws, for themselves and their heirs, le~al representstives, successors and auiyra, hereby jointly ~nd sewr~lly covtn~M ~nd p?~e ~
to and with the iaid MORTGAGEE, ib iuccessors and auigns:
1. To pay all and singula th~ p?irxipal and interest and the variovs ~nd wrldry wms of m«~eY paY~ble by virtw of iaid promiuory nott, and thi~ W
~ mortgaye, each ~nd every, promptty on tf+~ dayt respectively the s~me ~sv~rally become due.
~ 2. To pay dl and s~npvl~r the uxes. +ssesunents. I~vies, lisbil~ties, obl+9atioro and sncwabances of evsry natur~ and kind now on said d~saib~d
~ _ .~.e- '~__._J ...ts_. • ~ ~1........ ~1..~ Ir...N« 1 ..el er thi~
Fxvpa~~~~ ir~ ~n~~ ~~~~.~s~ n.~~ ....p...s..~ .v..s.s~.. ~^w3~• ~BY:Q~. L." 3:Z.ASLQ !!!~Y ~+Q tY !1'_ _ L!=ti~!!
~qe, a~he indebtedrxs~ secured hereby. ~~ch ~nd ~v~ry, when due and payabl~, sccwdirg to law, befor~ they becane delinqwnt. ~nd befw~ any in»r~st
~ attaches w any penalty is inturred; AN[1 INSOFAR AS ANY TNEREOF IS OF RKORO THE SAME SHAII 8E PROMPTLY SATISf1E~ AND DISCHARGfD OF
~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SA115fACT10N PAPER OFfIC1ALLY ENDORSED
~ OR CERTIFIED) SHAII BE PtACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NFXT AfTER VAYMENT; and in the ewnt thal any thereof is ~01
~'.r paid, sst sfied er+d discharged sa'd MOR~GAGEE may +t ~ny time pay the same w any part thereof without waiving w affecting ~ny optan, lia+, tquify p
~ •iqht Uf~N OI by virtue of this mortgsge and the full smount of each and every such p~yment shall !+e immediatety due and payabk and ~MII be~r inter~sf
~ ~rom the date thereol until paid at r~te of n:ne pet centum per •nnum ~nd toyether w~th suth interest sh~ll be sec~red by fhe lien of th:f mwpta~f.
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