HomeMy WebLinkAbout1242 1.u:~Ju~~
THIS INOENTURE, hl~d~ ~i,. l~th. d,Y,f October ,~,.p, 19~6~ ~
T. McClellen and Ethel B. Mc.Clellan. his ~r31eW
~ 8~ Tl t Lu e i e ~ County ftorid~, Mrsin~fter cl~atyn~ted a~ Mu "MORTGAGOR," ~ni~`i1RST .fEDERAI SAV IIVGS AND IOAN
-I?SSOCIATION Of fURT PIE~CE, ~ torpor~tia~ wy~nized and existinp vndfr the I~ws of tM Unit~d St~tN of Am~riu ~nd Mviny ita pr{nclp~l plw of
b~+sln~a 1n tM Gty of foA Piaa, St. lutl~ County, Florida, 1?~r~in~h~r d~siQn~t~d ss tfie "N10RYGAGEE."
~ WHEREA.S tM MORTGAGOR b(ustly ierd~bt~d 1o th~ MORTGAGEE in tha sum of i good ~rsl Iswful monry of the United
Statp ~tlv~nc~d by th~ MORTGAGEE unto tM MORTGAGOR, es evidenced by ~ certai~ ptomiuory nott of evsn d~t~ Mr~with, of which ths foliowir+p in
~o~cb i~O~yo~00• trw coPY, to-wit: • 1 1~I
5. _ • • r+b
_ wrr P~rc.. x~a~,, 0 c tobe r 1~ 14. `
For vatw r~uived, I, w~ or ~ifhK of vs, promrise fo piy, without dsfsltation, to the order of FIRST FEbERAL VINGS AND IOAN ASSOCIATION OF
Fi~RT PIERCE at Fort Pisrn, Florid~, tha svm of Z 7+ 30~ • with interost from drte at the rate of per annum, in monthty install-
ment~ p followt; S on th~ 1~tYld~y af Deeember , ~q 6~ and a like sum on the cwre~pondinp day of sach month therM-
aftar until th~ whoi~ bs futly paid. .
Eaeh installment tint ~hall ba •pplied in payment of the interest •nd thcn on the unpaid bafsnca of the prinupal tum. If delbult is made in the
payment of any in~t~llment when du~, and suth default continues 30 day~, then st the option of the hnldar, end without any other notice, all ths remaininy
installmsnit ~hsll b~ dv~ s~~d payabl~ at once. Privi~aye is given to prepay tnia note in whols or in part •t any time without F+enalty. NsitMr iorrbNr~~e,
nor accapfanc~ by tM holder thareof sfter any defeult in any payment~ hereon, ~hall be deemcd extension, A late payment cher~t of 2•~ ~hall bt
added to each 1»st~Ilmsnt r~msininq unpaid i dayt ~ftar its du~ dete, and a lika wm anall be edded to cach such in~teltment remsining unpaid 7 deys ifter
~sch wcc~ediny p~ym~nt d~t~.
E~ch maker, surtty and sndorser hereof, jointly and severally, waives demend, psesentment protest end rtotice of prote~t fa nonpayment, uid furtFror
egnet ro~ny exttnsion of time oi payment, either before a efter maturity, without not~ce to any of us; end to pay ell cosh of tollection, inciudinp a
reasonable aftorrtey'i fte in the svent of any default hereunder, and heraby severally weives ell benefft oi homestead and exemption under the constitution
and law~ of each St~te of the United State:, as ayainst this obligetion or eny extension a~ renewa! hereof,
Witnat~ th~ hand ~nd ttal of e~ch party.
D. T, McClellan ~~U
_ a~hel B. McClellan
(SEAI)
~ ~ - Q 1 ) St~t~ Rev~nw -
{$tamps unt~ll~d o~ aiqinal not~)
NOW, TMEkEFORE, tM iNORTGAGOR for tha purpose of stturiny psyment of ~aid ium of S r' • Q~ ~ and the performaexe of tM
mven~nh and ~qrMm~n» h~rei~~fter ezpressed, and for diver~ good end valu~bl~ tonsideretions, by these presenfs, doet grant, barysin, sell, r~miss,
relta~s, conv~y snd confirm unto the MORTGAGEE, its succe:sors and auiyns, all that cenain lot, piece a psrcel of lend, tituate, lyiny, snd bNny In ths
County of S a in~ Lu c i e and State of Floride, dascribed fotlows:
The North 1~0 feet of the ~~uL~~ 200 feet of the East 2G~ feet ~f Lot 12,
J. I. KFLLEM~S SUBDIV?SION, as per plat thereof` recorc~ec~ in plat Rool~
page 85, of th~ public records of Seir.t Lucie Count~,~, Florids ,
EXCEPTYNG, THERFIr'ROM, the ri.ght of wai~ for U. S. Hi~hNB~~ #1. ?
.
RE'Gcf ~Et) $ ~ V P~Yu~tiT QF i AXL"S
~J . !r ~r: r,.PC•:'~~l ~R.PER7Y
~
~~l .F~1 i- ~t q`'c ~Q4~~ I
• ~ ~ `
a.S•~ f-~ t` L U~ i~ A 1 :!t• k Lircuic ~urt
DOGVMENrAp-_.~,~.STHMP A.( as r_r M. JA1~
OcTSS'65~;~;~`~~`. '7 ~c :,t. i~r E~ t=.:- ty Tax Cot t~or
N V CC?:P7R~L!.EF . };'~i~' / ~7 J= $Y ~
!1N 19i~138 v~,;:>_.- - '
- - D6F'U T7 GI,LRtt
4a9~tt»r with ~II and sinqular the tenemsrtt~, he~aditamenta and appvrtanus thereunto belonging or in anyw'ne sppsAainlnp iher~fo, ~nd ~II r~nh, issves,
p~ocsad~ ~nd profiri ~ccr~mq and ta accr~e from said promiiet, all of whicfi ere intluded in the sbovs ~nd foreqanq deuriptio~ •nd Fwis~ndvm.
TO HAVE AND TO NOLD th~ abov~ destribsd and g~snted prcmi~et unto th~ taid MORTGAGEE, ih succ~swn ~nd aai~ns fonvN. Md tM wid
l~AORTGA for t h~' i~' hein, executors, admini~~rators ar.d •uigns, hereby corenants with the s+id I1oSORTGAGEE, it~ sutcruors ~nd api9ns,
~ie ~ e re
that lewfully ~eized of t1~a iaid premises in fce iimpte; t~rat the tame are fr~e, dsar and discha~yrd frcim •II liens ir+d sncvnr
brsrxN in law o~ in equity, ~nd that ' witt aru! ~hE' ~ heir~ aha!! w+r~ant and drfend t1e~ fitls to th~ ~arr» to th~ s~1d
MORTGAGEE, iri iw_ceuw~ a»d attigns, forevsr ayainst the lawful claims and dsma~ds of all pertoru;
~ PROVIDED, ALWAYS that if tF~ MORTGAGOR thalf pay unto thc MORTi';A,raEE tfie pranistary no» hereinbefor~ cl~tcrEb~d ~nd thaH truly, promptly
~nd fully perForm, disth~tq~, •xtcute, comp(et~, compty with and abide by e~ch ind ~r~ry the stipvlatiorrs, egreemenh, conditiau and coven~nt~ of s~id
promissory not~ and of this Mort9age, tMn thi~ NbrtBaqe and the Estate hsreby utat~d th~ll uaw ~nd b~ null •nd void.
!T 15 UNDERSTOOD that ths word "Morty~gor" whether in rha ~~r~gul~r w plursl ~nywhara in thit Mwtys~e, ahalt b~ •,yular if on~ only ~
~hsll b~ plunl ~ointly and ~evsrally If ma~ th~n one, •nd tMt the wad "their" ~s u~ed mywhers in 4his Mortyafle slutl bs t~kwrt to rtolsn "h7s,,• •,Mn,,•
or "ib," wherwa ths caM~At so 'anpliss or ~dmits. Alw, th~t wi?erever ther* ii a r~ferenu in rhe cover+anri ~nd preem~nh herein contairad to ~ny of
the parf(N Mnfo, t1?~ ~x shall M corutr~ed to mean os well as tM hein, {~yal r~eun»tives, ~uccssson and ~ss~yrn (~itMr voluntsry by asf of t~
~ni~s or (nvotunt~ry by op~ratioh of th~ t~w) of rhe i~me and ehit rhe covernant~ I~e?~;n can»in~d aha?1 bind and th~ ber~fih arrd ~dv~nta~ea inw~
to t!» r~sp~ctiw F»in, Ipal repr~s~ntttivea, wccesson snd asrqns of iM p~rtiei Mroto.
/r.nd said Mortyapon, for tiwmselvst and their heirs, layal repr~sentatives, iucseuon and ~s~iyns, h~reby jointly and NvKaily cov~nant snd ~qrM
ro and with th~ s~id N10RTGAGEE, i» s~cesson ~nd aF~igns:
1. To pay sH +md sinyutu t!w prirrtipaJ ~hd intersst tnd the vtrio~i and wndry wma of morMy payabls by virtva of raid promiswry nots, and thit
~9+~. ~nd w~ry, promptlY p? tF» days rpp~ctivsly tM sartw ~sver~ll~ bscom~ dw.
2. To par •11 ~~d sinQulu tl+s tax~rs, ast~s3msnq, levin, li~bilitiss, obliy~tior~s s?~d Mcvmbr~nc~s of evtry natur~ ~nd kind now on ~sW d~crib~d
prap~rty, a th~f FwnNftw may b~ imp~d. ~uH~rd. Ptx~d. l~ev~ad, or ~xe~~td Mwr~on, or that her~aftt? may b~ lw3ed a~ vpon thb Mor~p-
+q~, a'? tM lr~bt~dn~ti ~+?~d h~~bY, lath +nd ~wry, whM dw a~d p~y~bl~, actadirg ro law, b~fon thty becom~ d~linqwnt, a~d befcr* any inyn,at
~ttuhei a ~ny pM~hy ls inWrr~d; AND INSOfAR A5 ANY THEREOF IS OF RECORD TNE SAME SHAII dE PRQNIPTiY SATtSfifd AND DtSCHARGfD pF
RKORD AMLI THE ORlGUVAI OFPICIAI DOCUMENY (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllT ENDORSED
OR CERTIFIED) SMAU SE PlACEO IN THE NANDS Of SAID MORTGAGEE WITHtN TEN UAYS NEXT AFTEQ PAYMENT; srrd i~ the ewm thst any tF~r~of b rwt
~?id, iat:tfi~d ar+d diacharqtd faid MORTGAGfE may •t •ny time pay fhe ume or ~~y p+rt therMf withovt waivinq w~ff~ttirp iny option. IiM, rquity w
?iqht und~r or by viriw of this mortpa9~ and the fuli amount of each and ev~ry such payment ihaN be immediately dw and paysblR •nd shsil bNr ir?ttrpt
F~om tM dst~ fh~r~of ~ntil p~id a1 r~M of nins per ca~tum per •nnum and toyether with iuch interest sh~tl be secy~e~by tM li~n of th~s morqtp~.
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