HomeMy WebLinkAbout0561e~~~k ~~ ~~~ ~ ~~
THIS INDENTURE, Made flee Uth -day of ~. NOVBTrIbDr _ _ A.D. T9_ ~~?between
__ Thomas M. McC(~nLb_,~1d M.gy>~~nd H. McComb, is wife _
of `S~ a .~...liw~~ -County Fbrlda, farelnrh+e designated as the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organlaed end existing under the laws of 1M United Staten of Amerka and Mving Ih principal glaze of
bvntneu In the City of Fort Piero, St. Lucie County, Florida, Mrelnsftax designated at the "MORTGAGEE:'
WHERiAS /M MORTGAGOP h jsntly indebted >n tfte MORIGAGEE in 1M sum of ~- ~ • 3~Da~~ good and lawful money of the Unitec+
States advanced by the MORTGAGEE unto tM MORTGAGOR, as sridhnced by • certain promluory note of oven date herewith, of which rho follox•ing in
words and fi,7ures b a trw copy, to-wic
~ 3,30oL0o _ _ No ~~~
w:, Pitres, Florid., 8 Novernb„~r ,9 6?
For valor received, 1, we or either of us, promise !o M without defslcatias, to iM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION O:
FORT PIERCE at Fort P~rce, Fbrids, rM wm of s_ 3i ~~~ a ~~ with intkgrest from date at the rate ofb_!~% per annum, in monthly instal;-
mrnts as follows: f~.2 .00 on tht -l~t'tfdy of DAcember 19 b2 and a files sum on tM corresponding day of each month tttcre-
aiter until the whole be fully paid.
Each installment first shall ba app!itd in payme~++~nt of the interest and then on the unpaid .balance of tM principal sum. If default is made in the
payment of any installment when due, end such dofavlt continues 30 days, then at tf.s op'bn of tM holder, end without any other notice; all the remaining
installments shall be due and payable at once. Privilege Ia given to prepay this note in whole ar in part at any time without penalty. Neither forebesrance,
nor acceptance by the holder thereof after any default ?n any payments hereon, atoll be deemed extension. A late payment charge of s2 a60 shall be
added to each inutallment remaining unpaid 7 days after ih dw date, and a like sum shall be added to each such installment remaining unpaid 7 days after
each s~xceading payment date.
Each maker, surety and endorser hereof, jointly and ssvarally, .waives demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extension of time of payment, either before or char maturity, without notice to any of us; and to pay ell costs of cdlection, including a
reasonable attorney's fee in tM event of. any default hereunder, end hereby severally waives all benefit of homestead and exemption under the constitutan
ar~d laws of oath State of t'u_United Staten, as sgain><t this ob:igation or any extension or renewal furecf.
Witness the heed and seal of each party. - ,
~ ~ (SEAL)
• .S/ OTtI . a C Orn (SEAL)
2 witnessia
S/ (SEAL)
_ _ • i ` (SEAL)
t ~ • ~ ~ )State Rewnw
(Stamps cancelled on original note) ~' 300 s 00
NOW, THEREFORE, tM MORTGAGOR for the purpose of securing payment of aald sum of S and tM performance of the
covenants and agreements hereinafter expressed, and for divan good and wluable considerations, by tMsa presents, does grant, Mrgsin, sell, remise,
release, convey and confirm unto the MORTGAGEE, ih successors and assigns, all that cer`ain lot, piep or parul of land, situate, lying, and bairsg in the
Count„ of r'Jt . Lue i s end Stets of Florida, dewibed n follows:
Lot 8 Block 11 of FORT PIERCE BEACH SUBDIVISION,
accordinjj to the i^evised_ Plat thereof-•ds'recorde3
in Plat Book 8 at Pale 29 of the Public Records
of St. Lucie County, Floridan
. ~~ L~
~e°eived j in payment of taxes du®
I.,iess 'C' Irrtan;ible ?t?r5n .'I j'cu^erty pursuant to
:...r;~r .tt1~= ,.~ ci i~_~; ~ itCt ~ 1941
~JJ~~_
Tax Co+iector, fit. Lurie C •nt/, F-- ~ da ,~ /-~
`-~`-
togetlwr with ail end singular the tervantenh, Mraditemenh and eppurtancn thereunro belonging or in anywise appertaining -hereto, and ell nnh, is,ues,
proceeds and profits accruing and to ecaue from said premhas, all of which ero included in the above and foregoing description and habendum.
TO HAVE AND TO HOLD the above desuibad and granted premises unto the tt;id MORTGAGEE, its successors and assigns forever. And tM said
MORT~'~,GQO~R for thAil^ Min, executors, .dminixtraton and auIgns, Mreby covenants with th. said MORTGAGEc, Fta succeuora and aa:igrts,
that ~"""~ AI'i3 lawfully seized of tM said premises in fee simple; tM! t!vr acme are flee, dear and discFsrg5: from ell liens and encum•
brancet in law or in equity, and that t~av will and t}'1$r j'a hein shall warrant end defend the title to tM same to tM said
MORTGAGEE, ih avccessort and assigns, forever against 1M lawful claims and dertlands of all peraoru;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tM MORTGAGEE tM promissory note harsinbefore described end shall truly, promptly
and fully perform, discharge, execute, comalete, comply with end abide by each and evory the stipulations, agreemenn, conditions and rovenants of said
promissory note and of this Mortgage, then this Mortgage and tM Estate hereby usated atoll ocean and M null and void.
1T IS UNDERSTOOD tMt fire word "Mortgagor" wf»ther in iM singular ex plural anywhere in this Mortgage, shall be etnguler .f one only :red
shall be plural ;ointly and wverally if more than one, end that the wad "1Mii' n used tnywM~e In this Mortgage shall ba taken to mean "his," "bore,"
or "its;' wherever tM context so implies a admits. Also, tMt wherever there h a reference in tM covenants and agreements herein contained to any o`
the parties hereto, tM some shall be construed to mean as x~ell as tM Min, Isgai wprssentarives_ tuccsuors and assgns (either volunnry by act of the
parties or involuntary by operericn of the law) of tM same and that the covenants Mrein contained shall bind and the benefits and edvartages inure
to the respective Ix:~s, legal rerresentatives, successors and soigne of 1M parties Mroto.
And said lAo;tgagorb for themselves and chair heirs, legal representati-r», succrssore end astigru, M:aby jointly end severally covenant and agree
to and with 1M uid lORTGAGEE, ih successors end auigns:
l . To pay ail and- singular tM principal and interest and tM various ar. d sundry soma of money payable by virtue of said promissory rote, end thin
mortgage, each and evNv, Promptly on tM day- resptctively tM sanN sewralfy become due.
2. To pay all and singular ran taxes, assessme:rs, levies, liabilities, obligations sod erxumbrances of every nature and kind now qn acid described
property, or that hereaher may be imposed, suffered, pieced, ieried, or assessed thereon, or that hereafter may be levied or assessed upon thin Mortg•
age, w the indebtedness secured hereby, each and every, when due and payable, according ro law, before shay become delinouem, and before any interact
~;r;ches or any penalty is incurred; AtiD INSO~AA AS ADiY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SATKfIED AND DISCHARGED OF
PECORD AND THE 0213;VAL OFFICIAL DOCUlAE"~T (SUCH AS, FOR INSTANCE, THE TAii R:Ctivi OR THE SATISFACTION PA-FR OFFICiAIIY Ef1DORSED
OR CERTIFIED) SHP.iL BE P!PC.D IN THE HANGS Of SAID MORTGAGEE WITHIN TEN DAYS NEKT AFTER PAYMENT; and in the event that any thereof is r»t
paid, s:;fstitd and dlecF:arged sa?d MORTGAGEE may at any time pay the acme or any part thereof withcnr+ waiting or affecting any option, lien, equity or
right under or by virtuo c° the mortgage and tfie full amount of eacfi end Weil aucfi peyrrent shall lx immediately due arvJ payable end shalt bear interest
From the dare thereof until pa-d at rate c. nine per centum per annum and together w;th such interest shall be secured by the lien of this morgtage.