HomeMy WebLinkAbout2069Bn,.x
11th December ~ A.D. io62 ~M.~,
THIS INDENTURE, Made iha -• day of
David L. McCair~ a->,d Joyce ~, Mc__a n, s w e
of St~_ _LUC+j-8 County f{wida, htsskrftar dalpMhd p tM "AIIURTGAGOR," and FIRST FEDERAL SAVINGS ANG LOAN
ASSOCIATION OF FORT PIERCE, • tortoration wpsn(nad and existlrip under tM lays of fhe Unhed States of America and hevlrp Ih principal place of
bu-ineu In tM City of Fort Pierce, St. Luele County, Florida, )sen{riaftee: eiialpMted a tM "MORTGAGEE:'
' v 1 n~U ~Q and lawful mono of the United
~ ~" WHEREAS tM MORTGAGOR ~ jwtly indebtad,to t)te MtRTGAGEE in 1M sum of Z ~.!!_, t good Y
11 States advanced by the MORTGAGEE unto tM MORTGAGOR, as avfdincad by a certain Prtu^[is°rY -yaa of even data Mrawith, of whith the follawinp in
~ words and figures G a true copy, to-wits ~ ~O=~7~
,.~ ,Fart Piere., florldar 11 necf3mbfax ,.,•'•~)9 2
For valve received, 1, we or either of vs, promise ro pay, wBhovt dafakatlon, to tM orde- of FIRST FEDERAL SAVINGS AN7 lMN ASSOCIATION OF
~l ~~.CD with interest from date at tM rant of ~',i, per annum, in monthly Inatall-
FORT PIERCE at fort Piero, Florida, tM sum of S-_ si ~
menu as fellows: on tM7-0th day of t•rril ~ T96~_ end a like sum on tM corresponding day Of each month there-
after until the whole ba fully geld.
Each installment first shall be applied in payment of tM Interest end than on the unpaid balance of tM principal sum. ~ If vfetault Is nude in the
payment of any insia!Irr,ent when due, and wch default continues 30 days, then of ihs option of tM holder, end withavt any oth'p notice, all tM remaining
installments atoll be due and payable at once. Privilege is given to prepay this Hots i^ whole or in part at any lima without pens:ry. Neither forebearsrxe,
nor ecceptence by tM holder thereof after any default in any payments Mreon, shell be deemed extension. A Ins payment charge of 1, ~1 e1~1sa11 ba
added to each installment remaining unpaid 7 days after its due data, and a hke wm atoll be added to each such installment remaining uf'~{id 9 days after
oath succeeding payment date.
Each maker, surety and endorsor MreoF, jointly and severally, waives demand, presentment protest end notice of protest for nonpayment, and fmher
agrees to any extension of time of payment, either before or aNer maturity, without notice to any of vs; and to pay all costs of collection, including a
reasonable attorney's fee in tM event of any default Mreunder, end Mreby severally waives all benefit of homos:ead and exemption under tM constitution
and laws of each State of the United Starts, es against this obligation or any axtan:ixt or renewal Mreof.
Witness tM hand and seal of each party. ,
(SEAT)
aV e ' C & n (SEAT)
Oy C 6 ~~ s 1.1C a n (SEAL)
• (sEAu
~ 3~- • ~~) Stela Revenue
(Stamps csnulled on oriplnal rota) 1 O~G C~
NC7W, THEREFORE, tM MORTGAGOR far tM purpose of securing payment of ;eld cum of ;~1 a and tM performsncs of tM
covenants and sgrsemtnts heteiMfter expressed, end for divers good and valuable cons{dsretlons, by tMN presents, does grant, bargain, sell, remise,
release, cortvey and confirm unto tM MORTGAGEE, Its successors and assigns, ell that certain lot, piece or pace! of Isnd, situate, lying, and being In tM
County of St • Lt1C ie and Stns of Fbride, deaaibsd as follows:
Lot 11 and the Fast ?.0 feet of Lot 1z ~31ock 1
CjRr''~:Iv~W~OD, accord{ rte to thE3 Plat thereof as record~t'.
in Plat Book 11 at Pale L~1 of the Public F.ecorc'.s
of St. Lucie County, Florida.
C)~~p;er 20/24, Lal';~ o f .., ~~ :. ;
lax Cc.:~c:cr, Si. L..:~ ~ _.::..;, r:.,:,;
~•
together with all end singular the tenements, heredittments and appvrtances thereunto belonging or in anywise epperteining thereto, and all rents, loves,
proceeds and profits accruing and to acuue from said premises, all of whid; are included in the above and foregoing description and habendum.
TO HP.VE ANDT~O~-,H~O~LD~,.,the above described and granted premises unto the said MORTGAGEE, its aucceuors end assigns forever. -ind tM said
MORTGA R f ~'~~'-'b-~--- Mirs, exe:vtors, admintstraton and assigns, Mreby covenants with tM sold MORTGAGEE, its successors and assigns,
that -~%~~~--~~-' lawfully seized of tM said promises In fee simple; that `M soma are free, clear and discharged from all Yens and sncum•
brances in law a ?n equity, and that tY2e~~ witi and their __ Min shall warrant and defend tM title to the same to the said
MORTGAGEE, its successors end auigns, forever against tM lawful claims end demands of all peraont;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tM MORTGAGEE tM promlacory rata hesalnbefors desaibed and shall truly, promptly
and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said
promissory rwte and of this Mortgage, thin this Mortgage and the Estate Mreby created shall cease and be twit and void.
IT IS UNDERSTOOD that tM word "Mortgagor" whether in the singular or plural anywhere In this Mortgage, shall M singular if oM only end
shall be plural jointly and severally if mots then one, and that the word "their" as uud any-where In this Mortgage shall be taken to mean "hit;' "Mrs;'
or "ire," wherever the context to implies or admits. Also, that wherever there is a reference in the covenants end agreements Mrein contained to any of
the parties Mreto, tM tame shell be construed to mean as wall as the hairs, legal reprasentetives, succeuors end assigns (either voluntary by art of the
parties or im•oluntary by operation of the law) of the same and that the covenants herein contained sha'I bird and the benefih end advantages Invn
to the respective heirs, legal representatives, successors and assigns of the parties Mreto.
And said Mortgagors, for tMmaelvet and their heirs, legal representativsa, suuessorE and auigns, Mreby jointly and sawrally covenant and agree
to and with tM said MORTGAGEE, its successors and auigns:
1. To pay all and singular tM principal and interest and the carious and sundry sums of Heresy payable by virtue of uid promissory rate, end the
mortgage, each and every, promptly ors :M days respectively tM soma severally become dos.
2. To pay all ,and singular the taxes, assessments, levies, liabllitiea, obligations end encumbrances of every nature and kind now on said described
property, or that hereafter may be imposed, suffered, graced, levied, or assessed thereon, or that Mieafter may be levied or assessed upon this Mort$
age, or the indebtedness secured Mreby, each end every, when due and peya•ble, according to law, before thry bee~,TM delinquent and before any interest
attaches or trey pe.~a!ty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAH BE PROMPTLY SATISFIED ANC DISCHARGED OF
RECORD AVD THE OQIv!':Al OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHAH BE PLACED IN THE tiAtfDS OF SAID /~.ORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; anti in the event that any thereof is not
Hrid, sat's(ied and discharged said IORTGAGEE may at any time pay the name or any pert thereof without waiving or affecting any option, lien, equity or
r;ht under or by virtue of this mortgage and the full amount of each end every such payment thail be immediately due and payable end shall bear interest
item the date thereof until pa'd et rate of nine per centum per annum and together with eucfr interest shall be secured by the Ikn of thin mugtage.