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Home My WebLink About0318 ~ «t~4if~~~ ~ ~ THIS INpENTURE, hkd~ the 19 t h day of MR,~ - r A.D. 19~, bctwec~ ~ _ ~~~,~,is A. M~f~lerui and MQe McGlenn~ his ~ri.~, _ of - Lu~ ~ County Flwide, heroinafter designatrd as the "MORTGAGOR," and FIRST fEDERAL SAVINGS AND IOAN ASSOCIATION OF FORi PIERCE, • corporation o~9enized and exiati~q under the laws of the United Stetaa of America and having its principel pl~ce of business in the City of f•ort Pierce, St. lucie County, Flwida, hareinafter da~ignated es the "~Mf.~OR~TG~AGi@." . ~ WHERFAS the M0~2TGAGOR i• justly indebted to tM MORtGAGEE in thc sum of S_-".t.1"U . , good and lawful money of the Un~ted Stetes advanced by the MORTGAGEE u~ro the MORTGAGOR, as evidenced by a carte~~ promissory note uf even date herewith, of whrch the foilowing in t words and figur~a ic a true copy, to-wit: ~ = 8, 300,OU_ No 1~,.77~L1~ Fart Pierce, Florida, Mav 1~ - 19~,1~ For value rcceived, I, we or either of us, promise to pay, without dafalcerion, to the order of FIkST FED'cRA! LSAVINGS AND• IOAN ASSOCIATION OF FORT PIERCE at Fort Pierca, Ploride, the sum of 5-~OO . OO _ w;th interest from date at tne rate of.~~;o per annum, ~n moNhly install- ments as follows: S on the ~ th day of ~uly , 19~ and a like sum on the corresponding day of each month there- after until rhe whole be fully paid. Each installment fint shall be appl:ed in payment of the iMerest end then on the unpa~d balance of tne prin6pal sum. If default is made in the payment of any ~nstallmero when d~e, and such defauh cominues 30 days, then at the option of the holder, and without any other notice, all the remaining ;nsfallments shall be d~e and payable at once. Privilege is given to prepay thi~ note in whole or in part at any t~me without pPnalty. Neilher forebearante, nor aceeptance by ~he holder thereof after arty default in any payments hereon, shall be deemed axtension. A late payment charge of S~, shall be ~ acided to each instailment remaining unpaid 7 days after its due date, end a likr sum shall bt added to each such installment remainir.g unpaid 7 days after I each xucteeding payment date. Each makei, surety and endorser hereof, jointly and severally, waive~ demar,d, presenrment protest and notice of pro!est fo! nonpayment, and further agrees to any extension of time of payn~ent, either before or after maturity, without nolice io any of us; and to pay all costs of collection, includ;ng e reasona6le attomey's fee in the event oE any defau~t hereundrr, and hereby severally waives a!I benefit of homestead and exemption under the constitWion and laws of each Srate of the United 5tates; as against this obligation or any extenfion or renewel nereof. Wirness the hand erd seal of each party. ~ ~'itL^ t ~ S ~ ' 1 a (SEAL) ~ S Mae McGlenn _ _ _ _ ~seA~~ (SEAL) ~ 2 _ ~ (SEAL) ( y? ) State kevenua (Stamps can<elled on original note) NOW, THEREFORE, the MORTGAGOR for the purpose of set~ring payment of said sum of S~, + 3~~ _-v, and the performance of the tovenants and agreement~ heve~nafter expressed, and for diver~ good and veluable to~side~stions, by these preacnti, does grant, bargain, sell, rem;se, reiease, convey ar.d confirm unto the MORTGAGEE, its successars and as~ign~, ell that certein lot, piece or parcel of land, situate, Iying, and being in the County of St _ LL1C 1@ _ , and State of florida, de~cribed e~ follows: Lots 1, 2 and 3i Blocr_ l, o~' r~LISSI~ N~:~O'r:S, a suhdivision ~ccordin~ to the plat ther~of as racorded in Plat Booit 9, at page "'2, of t'ri•~ pubiic r~cords of St, L•ucie Count~, ~'Iorida, ? ~ RECEiVE43 ~ fN r••r'~t"•1?orT~y~c W r~4TE~~~ORaDA~. DUEON CLASS'C' :NTt,N^!9lF f-"'_ : ~_)PE`2TY PURSUAN7 ?0 CH :PiER 2i 7?4, = = 1 941. ~ ~ _ - ~aM--~p....,.r~ - • ROG'R °C~lir. ,~'i rk Circ!:r :,:t i a - MftO'6S~` , as Agent for CU.:7l~ M. )A~41~5 = ( 2~ 5~ S t. L u c i e C o u n t y T a x C o l l e c t o r ~ U c~TROUER _ P.~.iso~ss ~ oR, , ~y CEPUTY C~ERK together with all and s~ngular the tenzments, hersdirame~ts and appurtances therevnto belonging or in a~ywise appertaining thereto, and all rents, issue~, procaed• and profits accruing ar~ to accrue from said premises, all of whith ere intludsd in the above and foreqoing description and habendum. TO HAVE AND TO HC?LD the above described and granted premises unto rhe said MORTGAGEE, ita autteasors and assigns forever. And tho taid MOR7GAG}.O,R for --~~-L---- he~ri, eaecutors, admini:trators and asaigm, hareby covenanti with the :aid MORTGAGEE, its :ucressors and assigns, that ---+~++ud---~~'-- lav~fully ieixed of the said premises in fee simple; ihat the same are free, clear and discharged from all iiens and encum- brartces in law or in equity, and that ~+ne `r will and ~he ir _ n~~n ihall warrant and defend the title tc !he seme to the said MORTGAGEE, its successors and asaigna, forever egainst tke lawfui claims and demandt of all per~ons; PROVIDED, ALWAYS that if the MORTGAGOR shali pay unto the MORTGAGEE the promissory nate hereinbefore described s~d shall truly, promptly ~ end fu~ly perform, discharge, executa, complete, comply with ard a6ide by each and every the stipulations, sgreements, conditions and cavenanta of said , premissory r.cfe and of this Mortgage, then thia Mortgage and the Estate hereby created ahali cE~se and be null and void. IT IS UNDERSTOOD ihat ihe word "Martgagot" whethe~ in the sinaular or ot~ral anyv,here in th+s Mortgeae, ahall be singular if one only nnd shall be plural jointly end severol~y if rreore than one, and tnai ihe word "their" as u~ed ~nywhere in thit Mortgage shall bc taken to mean "his," "hers," or "itt," wherever the context so implies or admits. Alto, that wherever there is a reference in the covenenri end agroementa herein contained to sny of the parties hereto, the samo •hall be construed to mean as well a• the heir:, legal representstivea, successore and sssigni (either voluntary by ad of the parties or involuntsry by operation of the ~aw) of the same and that the covenantt herein contained shall bi~d and the benefit~ and advanteges inure to the respective heiri, legal representatives, tutcetsors and ass~gns of tha parties hereto. And ~aid Mortgagors, for themaeives end their hefn, fegal repreien!atives, successors and a~signs, hereby jointly and severally covenant and eyree to and with the ieid MOR7GAGfE, i~s succe~sors end assigns: i. To pay a~l and tinflular the Nrintipal and intere~t and the veriou• and sundry suma of mo~ey payable by virtue of said promissory note, end this mortgage, eath •nd every, promptly on the days respectively The same teverally become due. 2. To psy sll and singuiar the texes, asxtsments, levies, liabilitie~, obligations and encumbrsncst of every nature end kind now on said described prcperty, or that hereafter may be imposed, suffered, plated, levied, or auessed thereon, w that hereafter may be Icvird w assessed ~pon this Mortg- age, or the indebtedness secured hereby, each snd every, when due and payable, stcordinq to law, before they become delinquent, and before ~ny interest attaches or any penalty is incur~rd; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHALL BE PROMPTIY SATISFIED AND DISCFiARGEO OF RECORD AND THE ORIGINAI OffICIAI DOCUMENT {SUCH AS, FOR INSTANCE. THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALIY ENUORSEC~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SA~D MORTGAGEE WI7HIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~nt that ar,y thereof i~ not paid, sat'afied and discharged sa'd A10RTGAGEE may at any time pay fhe same or any part thereof without waiving or affecting any option, lien, equity or .iqht under or by virtue of this morrgage and the f~li amount of each and every 3uch paymrnt shall be immediately d~e and payable and shal) bear interes~ ~iom the date thereof unril paid at rare of nine per tentvm per ann~m and togethe~ with such inte~est shall be sec~red by the I+en of th's morgtage. ~ ~