HomeMy WebLinkAbout1602 ~~VJil1
_ • _ - :
nus ~NO~+vn~E M.d. d» 16th Julv ~~c. ~9_Sib. eNW.«?
H_ C. I~eDe id and I~ ~r~ Jo IrinD~ id~,,, hia vife~,,,
of .S t. . Ta110 ~A y~~y F~{~ ~py{~ q tM °MORTGAGOR." ~nd fIRST fEOERAI SAVtNGS ANp LOAN
A.SSOCIATION Of i~ORT PIEICt, ~ owpontion orp~+i~d Ntd ~zktkq unda tM b+wa of tM Uni»d St~tN of Anwfu and Mvinp itt ptindpal plw of
buslnw M ~M p1y d Fai Pi~a~, St. lucM Counly. NorkN, Iw~ein~ftN ti~oabd ~ tA~ " TGIIGEE." .
0
WFiER!/1S IM MORTGAGOR i~ ~1ly MKl~W~d b th~ MORiGAGEE N tA~ wm of ~ 0~ 000 • ~ qood aod lawfvl ma+~y of ths lJeitd i
Sr~tN ~drM+ad by t1r MORTGA(3EE ~w~tp th~ ~y{pRTGAGOR, ~s ~vidN+c~d b~r ~ arlain prornis~ay non of ~wn dat~ Fw~rwith, of which tM fdlowinp In
words ~nd ~ • hw oopy. bwbt
~ 40,OOa.O~ 13,630
FoA PMrc~. FtaW~„ JLily 16~ 19~YY.. ~
For vdw natwd, 1, v~ a~Uha of w,~~ 10 , wifhout def~iuriw~, to ti,~ ordK of FIRST fEDEWU SAVI AN~ IO/W ASSOCIATION OF ~
FORT PIERCE a1 tat ?iKa~, fb?ida„ th~ wm of ~'+0 !~~0 • with intKttt fran d~h at tht rah 2 % p~t ar?uin, in n+onthly Mata11-
m.n~ a followa ~ 300• 00 an tMl~h day of ~lovgmber 19~ u+d s liks wrn on tM corn~pa~dtnp d~y of ~ach month tMr~-
~frer unNl th~ wlwb b~ ivly p~id.
E+ch MatdlirMnt Ant ih~ll b~ +ppli~d in p~ym~nt of th~ in»+Kt ~nd tMn on tM unpaid balana of tM prindpal wm. If d~i~uM is nWde h th~
paymtnf Of N~y IMtalim~nt wFMn dw, and wch d~fauh continws 30 days„ thto ~t th~ optiw~ of th~ hold~~, snd witlaut ~ny oti+w notic~, ~II th~ remaininp
irur~llrrNnb ai~~ll M dw and p~y~bN ~1 aKe. Privilp~ is piv~n M pr~y Mia note in whol~ w in put ~t any tiin~ without p~naMy. PNI fonbMrana.
no. accpt~na by 1h~ iwldK th~nof ~ha ~ny d~favh in anY paynw+?t~ lwreon, ~lwll b~ de~nNd ~xtension. A la» p~ynw+~t ch~~ of 1 O~sMtl b~
add.d fo wd+ inat~llnwnt nn?~ink~p w~p~id 7 day~ ~ftu ih dw ~d+t~, ~nd • iUu wm aMti b~ ~dd~d a exh svch iestallenMt rw~wk~inp w~p~id 7 d~ys aftu
each waoNdkip parnNnt d+tti '
Ex~ ~lur, swN~r ~nd ~ndonr Mrwf. ~oi^tly ~nd kvsrally, w~ives d~mand. W~aa+tnwnt prot~st ~nd notio~ of praest for na~psYm~nt, u+d fwtMr 4
e9rt~s to sny ~t~n~ion of tYn~ of p~ym~nt, ~ith~r b~fon or ah~r rrwturity, wttho~t ~otip to +ny of vss and ro p~y dl oo~b of ooll~pio4_k~clud'ug ~ !
~en:orubb ~ttora~y's h~ in tA~ ~wnt of any defauh here~?nder, and her~by s~vewlly waives ~II b~n~fit of Fwm~ste~d ~nd ea~mptron undK tM corotitwion ~
end laws of ~ith St~f~ of t!N Unit~d Sfatp, q piwt this obligation or any ~x~~nsion a~«wwal l+er~of. ~
WHaM~ tM Mrw! ~nd N~i of ~ach p~r~y.
S H. C. McDermid ~ ~
S Mary Jo MoDermid ~ ~
cs~w ;
~ $60 . 00 ~ R„~„ ~
cs~.mw wialbd a+ orq4,.~ no+.)
NOW, TNER~OR~. th~ MORTGAGOR fo? tM purpose of »cw1nD WYmy+t of uid swn of i~Q • 00 , u~d tM p~rfonn~nc~ af th~
cov~e+~nt~ ~nd apna~b Iwnin+ft~r ~xp~sad, and fw diven qood ~nd v~lwbb eomid~ratio~s, by tlw~ pres~n». dws ~r~nt, bupain, wll, nmiw,
rel~aN, oonw~l Md oO~Mn unb tM MORTGAGEE, its woce~sots and aasipn~, ~II th~r tutain lof. Pl~a o? pupl of ~w~, sitwte. ~YinD. and bein~ in tiN
c,~,,,, ot 3 t. Luc i e ~„d ~,h ~ F+~ ~,e.a s~~
Beginning at a point 12 Peet Weat oP the Southeaet oornar oP Lot 5 of
Canning Connpany~s Subdivision, as per piat thereof recorded in Plat Book l,
page 190, public recorda ot St. Luaie County, F2orida, being at the inter- ;
aection oP the South line of said Lot 5 and. the Wast lina of South ~7th ~
Street, aa nox loaated; thenoe North 86 feet; thence West 198 Peet; thence
South 86 f'eet; thenca ~Sast 198 Peet to the point ot beginuing,
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w 51A1 toFt'LU1-~l~1~
~ z DOCUMENT aW
_ STAMP. TA!
~ = J1~18'66 ~ i• ~
V = 60 ~0~; .
V) COMA7ROLLER s
P.6.190138 ~ ~Q, -
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hiCfilYEO; 1N rATMEi1TOFTQX
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DUE ON CUSS'C' 1NTANGIbLC ?ER3pNAL rfprE~~ {
PURSUANT TO CMAPTER Zp721. I?tTS OF 1 t11~
w~r~- f~ Q~Sf~; i~\.l~r~c C~~ i
os am ~.;r :U-T15 M. JM+1E3 ~
St.l~rci~ Tax K~ `
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toysthu with ~N ~nd ~inp~lw th~ t~rwnts, h~rd'itan?ems and ~ppurtar?t~s tMnuMO belonpinp or in aeyMrh~ app~rtak~
~
raMS;,l1 I~rp, ~
proce~ds and p?ofifs aouviop ~nd a~oaw from sald pemi~ea, .II of whid+ ar+ indudad in th~ abov~ u~d forpokq dewiption ~rd h~b~ndunw ~ ~
TO HAVE AND T~~ Nw abow daaib~d and ~.ant~d p?emi~s uroo th~ ~aid MORTGA~'sEE. Ns wooaiors and aaipns forwa. Md th~ sNd'
lNORTGAGOR for t r hsin, ~x~cuton, administraton uid asi ~
~t~94 ara M..bv oov~w~n with th. ..w rMORTCs/?caEE, m.i,oo...o...na .pip~w ~
~hat ~ lawfully Niz~d of th~ said pr~rnis~s in fs~ sknpl~l that the sa~rK an frK, ds~r wd dbcMrp~d fran ~II Ikns and ~ncun? i
b..ncea M taw a In «~uNy. +nd th•* thefi wH~ a.~d thAil' M'vs sM11 warraM ~nd d~f~nd tir tNt~ w tM s~ to th~ wW
MORTGAGEE, i1t svoohson and a~tip% forwK apainst th~ bwfvl claktit and d~enar~ds of ~I! pNtoewi
wtov~o~. Atwwrs tMt if th. A~IORTGAGOit sh.l~ pry w~ro th. Allortrci~AG~ +h. promawry na. ha.inb.ton d.Krib.d and sh.il +nrfr. P~~H
•nd ful~p PKfwny dbd~wp~. ~x~cvh, compwt+, compiY with and ~bidt by ~ch ~nd fwry th~ ttipubtlons. +pn+rt~nM, aon~tions ~~d cowaanM of said
promis~ory ewb and of thi~ Mwtp~pe, t1~n N~is Mortyayt and th~ fstat~ hK~by on~ted shdl paw and b~ rw!! a~d void.
IT IS UI~ERSTO00 tfrt th~ wwd "Altort~apo~' wh~Nur in t1r sirgular a piwa! anywh~e~ in tlds INortp+p~, sh~ll b~ skgular ff on~ only ~
ih~11 bs P~+~ I~h? and Nv~ally if mon tlrn on~, and tlut tM wwd "tM&" a w~d ~nywMr~ in thia Mwt~e sh~ll b~ tak~n to mem "h4," •,lKn,••
w"its."' wh~rwu th~ aa~tu~t w hipliu or ~dmits. Alw, th~t wM~~wr then is a r~f~r~na in the oov~rMnn and apnamnn Iwrein contair»d to a~y d
rM pwtMs Iriwo. th~ ~an+t ~hall b~ const?wd to m~an a vrell ~s ti» 1~1rs. Ip+~ rpn~tatiwa„ woaswn ~nd a~+a (~itirr volvMary b~r nt of th~
p•nia w involuiu+ry b'Y opKation of th~ law) of th~ sarw and rMt tM wven+na herein aootaimd ih+ll bind ~nd th~ 6~fi» and advamapes kwn
ro tM n~patiw IwH„ bpd nprp~ntatiws, woasson ~nd ~ssypn of th~ partip her~to.
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Md uW Maqpon (or ~lvu and Nnir i~elrs, Ip+l ?~P~e~nativa, woc~sson and auipns, tnr+by iointly ~nd s~wrdly oov~M ~nd ~pr~e
ro~nd wi~h t!» wid MORTGAGEE, iM woasson n~d asipnt:
1. To p„r all ~nd ~k~pular Nw prindpa{ a~x! imaea and fh~ varia,s and ~w~dry wms of moe~eY P+Yabl~ by vinw of wW promi~wry nob, and thi~
rr+on0+p~. Nch and w~r. Wompf~Y on th~ dari ~P~^~+Y th~ ~arrw ~warally btan~ du~.
t To phr aH ~nd tYgvlar t!» qxu. a~maets. ~wies. Ilabil'~tiq, obl'gationa ~nd ~vn~arw~s of ~very n~twe ~nd kind now on said daalb~d ~
P~oPMY. a that Fwn~hw nwy b~ iePowd~ wff~nd. d+ad, kvi~d, or akswd tMhon~ a th~t I~~aftM nwy b~ Iwi~d a au~wd ~pa~ thb Maq- !
w tM ind~bNdn~ Mair~d I~~b~?, wtb and tvMy, wMn dw aed p~y~bb. ~ocordkg b isw bfae th~p b~com~ dNinqwrM. ~nd b~tor~ anp Mq~rat f
attecMs o~ anp p~n~hy i~ fncvrrad; ANp INSOfAR /15 ANY TMEREOF IS OF RKORD THE 5/1ME SFI/1ll 6E pRQMPTLY SATISfIEO AND OISCNARGED OF
RECORO AND THE ORIGINAL OffiClAl DOCWNENT (SUCH AS, FOR INSTANCE. THE TAX RKEIVT OR THE SATISFACTION PAPfR OFFKIAlLY fNO~ORSED
OR CERTifiEO) SHAtI dE PUCfD IN TME HAI~lp6 OF SAID MORTGAGEE WITHIN 1EN ~AYS NEXT AFTER PAYMENT; ~nd in the event th~f any tMnof is nol '
paid, at:sfi~d ~nd d'pchar~d said MpRTGAGEE n?~y at amr time p~y tM wne a any paA theaof witharl waivinp a affi~ctinq airyr option. liw~, puiry a i
•~pht u~da or b~r virtw of this mort9ap~ ~nd th~ fut( ~mounf oi e~d~ and evsry wch payment sFuU be krrn~diat~ly dw ~nd p~y~bb ~nd ~h+ll btu intKett
F~om t?w d~» Nrr~of vntil p~id at ratt of nie~t p~r untum ptr annum u~d wpethe~ with such i~t~rest tM li~n mapqp~.
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