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HomeMy WebLinkAbout1164 . . . ~ ~ ~i THIS INDENTURF, Mede the_-214t day of JsnuarY A.D. 19E-E' between Ilobert L~ona Ld Steti~art anc3 ~rnma I.ene ~te~1~~.,~li~~aif'P af St , LU C~. E (:ounty Florida, hereinafter desi9nated as ihe "MORTGAGOR," ard FIRST fE~ERAI SAVINGS Afv~ IOAN ASSOCIATION OF fORT PIERCE, a corpora~ion organized and existin9 unde~ Ihe laws of ihe Un~ted Statos of Ame~ica a~d having it~ principal p!eco of businexi in ihe City of Fort Pierce, St. lucie County, florida, hereinafter deiignated a~ the M RT}~ AGEE:' WHEREAS the h10R1GAGOR is ju~tly indebtcd to 14e MORTGAGEE in the sum of S I~1 good and la~vful money of the 'tln:ted States adaanced ~by the h10RTGAGEE unto the /rtORTGAGOR, as evidenced by a certa~n promissor/ note of e.~en daie herew~th, of ~vhich the following in words and {igures is a true copy, to-wir. No ~ 3~ 2 p~ ~~,8ao.oo ~ - " fort Pierce, f~orida, JBnUAT'V 21 19_ For vafue received, 1, we or either of us, promiste~ foppay, without defalcation, to the order of FIRST FEDERAI SAVINGS AfVD LOAN ASSOCIATiON OF FORT PIERCE al fort Pierce, floride, the sum~ o~f ~S~ C'-~ "00 • OQ w;th interast from date at thz rate of ~ 2 9o per annum, in inonlhly in~tall- men~s as fol!ows: 5~~~ en the i"2~J_1. diy of Marc2~. , 19 and a Gke sum on the corre~ponding day of each month thare- after until the ~vhole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance oi Ihe prindpal sum. If deta~lt is mada in the ~ payment of any installment when due, and such default continues 30 clays, then af the option of Ihe ho!der, and ~vilhout any other notice, all the remaining installments shall be due and payable at once. Privile3e is g~ven to prepay this note in whole or in part af any time without penalty. 'Ne~itlier~7forebearance, nor acceptance by the holder thereof af?er any defavlt in any payments hereon, shall be deemed extension. A late payment charge of S`-- '-L-~ . shell be added to each installment remaining unpaid 7 days after i~ti dua date, and a like sum shall be added to each such installmanl remainin9 unpeid 7 days after tach succeedinq payment date. Each maker, surety and endorser hereof, jointly and severally, waives der^and, presentment protest and notice of protest for nonpayment, and further ' agrees to any extension of time of payment, either L-e(ore or after maturity, without notice to any of us; and to pay el) costs of collection, including a reasonable altorney"s fee in the event of any default hereunder, and hereby se~erally waives all beneiit of homestead and exemption under Ihe tn~stifution and laws of each Srate of ihe United S~ates, as againsi this obligation or any exrension or renewal hereof. W~tness the hand and seal of each party. s Robert Dona ld Stewart ~S~Ai? s FYnma Lene Stewe rt (SEAI) (SEAI) i ; (SEAt) ~ 1-~ . 2~ 1 State Revenue (Stampt cancelled on original note) L ~O~ . 00 t NOW, THEREFORE, the h!ORTGAGOR for the pvrpose of itcuring payment of said sum of S • - end thc performance of the ~ co~enants and agreements hereinafter expressed, and for divers good and valuable coniiderotionf, by these presents, does grant, bargain, sell, remise, 3 telease, convey ar.d tonfirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the ° County of S t. Lu c i e , and State of f lorida, deuribed ai follows: ~ r,~ , n T„ i s• F,~ TD ~?*T SUIJDIV/TQT{~?T .~;l~t ~-~,~„~o£ ot~ f~ ~ p LO[, lU~ DLVC'.x V1 rnln~~iiv 1U1~/1~~ G.~7 yc.. r a in Plat nook 6, et pa~Ze 5, of the Publjc Records of St. Lucie Countv, ~ Florida, ~ ~ 1A1 t~~ F-L_U~ ~~-ZIl.~~-~ i U ' ~ c~ DOCUR1E?VTA~?`_'~STki•~P 1'AX f~~~~P TAX ~ J z = > ~ ~ 41 - _ . ~ C ~ _ JAN24'66^,~,,, ~ C= ; ~ . F-c°.~ _ ~,~z;=~`S ~9J_ ...22~~ ' l . , . V) COM.PTROLIER\ t•_ . " ' ' / - . . ~f< 1~~1~4 ~~OR`~~ - ~ c ; ~r_~'~~~ . ' , ~ l' , ~ . F~ _ , . " _1i_~._: _ / ~ . r' „ : ~ I ~ ~r ~ ~ - ' " - ~ i ~,t. 1-~=iz ' ~ : % G~,~i.,LN , J= 'V ~ ~ , ~ / ~ K ~ ~ , 3 togefher with all and singular the tenements, hereditamenit and aFpurtantes ihereunfo belonging or in any.viie apperlaining thereto, and all rentt, issve~, ~ prxeedi and profits accruing and to accrue from aaid premises all of which nre included in the above and toregoing desuiption and habendum. ~ Tf~ HAVE AND TO HOID the above described and granted premiset unto the eaid MORTGAGEE, itf successors and assigns forever. And the •ald ~ MORTt3AGOR for the ir ~~,;r,, cxecutors, administratort and assigns, hereby covenants with the said MORTGAGEE, it~ successon and •:iiyn~, j that ----~'~Tf--grQ ~awfully seized of the said premites in fee simple; that the •eme are free,. clear and diichnrged from all liens artd entvnr brances in law or in equity, and that they_ W~~I and , th8 iT' heir~ ~hall warrant and defend tha title to the ~ame to the said MORTGAGEE, its sutctssors and assigns, forever againtt the lawful claims and demands of sll perto~s; PROVIDED, ALWAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promissory note hereinbefore de~uibed and ihall truly, promptly end fully perform, d~scharga, executa, complete, compty with and abide by each and every the slip~lations, agreerhents, conditions and covenantt of ia:d ~ promi:sory note and of thit Mortgage, thon this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UtVDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in thi• Mortgege, ~hall br singular if one onty and ; shall be p~vfel joinily and severally if more thar~ one, snd that tht word "their" as ~sed anywhere in thit Mortgaga shall be taken to mean "hii;' "hert;' ~ ~ or "its;' wherever the context io implies or admits. Alw, thaf wherever there is a referenco in the covenantt and agreemenls herein contained to any of } ~ the partiea hereto, the iame •hall be construed to mean a• well a~ the heira, legal representatives, sutcessors and assigns (aither voluntary by act of the ~ parties or involuntary by operation of the law) of the snme and that the covenants herein contained thall bind and Ihe be~efits and advantages tn~re to the re:pective hein, legal representative:, iucces:ors end ais'gn: of the partie~ hereto. And said Mortgegors, for themselves and their heirs, legal repreienlative~, successori and asiigns, hereby joinlly and ~everally tovenant and agree to ~nd with tFw said MORTGAGFE, itt iuccessors and assigni: I ~ 1. To pay all and ~ingular the prirxipal snd interesi and the variov~ and svndry ~umt of money payeble by virt~e of snid promiisory note, and thi~ j mo?tgefle, each and every, promptly on tfie days respectively the ~ame severaUy become due. ~ Y. To pay all and •ingular the texes, a~ussments, ~cvies, liabilities, obligationi and encumbrances of every nsture and kind now on iaid described ~ 1 properry, or that hereafter msy bs imposed, s~ftered, plated, levied, or euessed thereon, or that hereafter may be lev3ed or as~essed upon this Mort9- ~ age, w the indebted~esi sec~red hereby, ~sch and every, when due and peya~le, xcwding to law, before they become delinquent, and before any lntere~t ~ attaches w any penslfy ii inc~rred; AND INSOfAR AS AN~( THEREpf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX R~CEIPT OR THE SATISfACTION PAPER -OFFICtAIIY ENDORSEO ~ OR CERTIf1E~) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the evenl thal any thtreof is not paid, sat'sfied and discharged said MORiGAGEE may at sny time psy the same or eny part thereof witho~l waiving or affecting any opNOn, lien, equiry or •iyht under or by virtue of this mortgsge and the fvll amount of each and every svch payment shall be immediately due and payabla and sfiall bear intereft ~ from the date thereof until paid at rate of nint per centvm per an~um and together with such interest shall be secured by Ihs lien of th:s morgta9e. 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