HomeMy WebLinkAbout1067 wa'+^ ~i~. AGTS Ot 1M1. :
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N /~p~ Ibr CU1tTIS M. ~AME~
~ ~ to~ Co~wlor
154183
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MORTGAGE DEED
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THIS MORTGAGE, msde this day oE ~arch . A. D..1967 .
by and betweea JOi~t M. McGARTY,. individually and aa Truatee, and LODIS$ F. McGARTY,, his vife,
of the Count~ of Saint Lucie , Stste of Florida, hereinafter called "the Mortgagos." ~vluch term ss
nsed henin ia everp iastaace shall include Mortgagor's hars. execators. sdministrators, saccesson, le~s! npreseata-
tivea aad sssigas. and shaU denote the aingulu aad/or plunl. sad the tnaeculine snd/or femiaine snd aatural snd/or
artificial persons ~rhanevu snd wherever the context hereof so -reqnires or admits. and
D. R. I~AD 6 OOZ~ANY,, a Florida corporation,
of the City of Zliami . Stste o~ Florida ~ . b~~~
called "the Mortgagee." which term aa uaed herein in every instsnce shall inclade Mortgagee's heirs. ea~ecutors. admini-
strators. successors. legal npreseatstivea aad aasigna and shall deaote the singular and/or plural and the masculine
and/or femiaine and nitunl and/or arti~icial peraons whenever or wherever the context so nquires or admita;
WITNFSSETH THAT WH~REAS. the Mortgagor is justly indebted to the said Mortgagee in the iggregste
sum of Orie Hundred lhousand and no/1^^ Dollara ($100,000.00
la~vfui money of the United Stites of America. for raoney actually loa~ed to b~ortgagor, and which loan ia evidenced
by a certaia promissory note of even date herewith in that amouat, made by Mortgagor to Mortgagee,
Accrued interest only on the lst dap of April, 1967; thereafter, paymeats in the
s~ of $885.00, including principal and interest, on the lst day~of 2iay, 1967,
and a like s~ on the lst day of each aad every month thereafter, up to aad in-
- cludiag the Ist day of April, 1982; and the entire balance of said principal sum
and accrued interest thereon on tt~e lst day of Iriay, 1982; each of said moathly
paymeats are to be applied first to interest upon the said principal sum or so
much thereof as sha11, fran time to time remain uapaid, at the rate above men-
tioned, and the balance of each monthly payment to be applied on accouat of
principal. >
NO~V, THEREFORE, for and in consideration of the sum of One Dollar (~100) ia hand paid by the Mortgagee.
receipt nchereof by the Mortgagor is hereby scknowledged, aad also for the better aecuring of .the psyma?t of the
said sum of money mentioned in ssid promissory note, and iaterest thereoa. and for the better aecurir~g of the per-
formance of the coveuints sad agreements hueiaatter coatained. the asid Mortgagor has granted. bargsined. aold
` and conveyed, and by these preaents doa grsnt, bargsin. aell and convey unto the aaid Mortgagee thst certain lo~
piece or parcel of laad lying and being in the County of Saint Lucie . State of Florids. described
as follows :
k Begin at the Ni~i corner of the SE 1/4 of the SH 2/4 of Section 10, Township 35
~ 3outh, Range 40 Bast; thence run Bast 283 feet to the original SB corner of
~ Lot 9, Block 13 in Carlton's Addition to Fort Pierce; thence rua South 210
~ feet; thence ~iest 283 feet; thence North 210 feet to the Point of Beginning.
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TOGBTHER WITH any and all buildings, improvements and equipment nov or at any time hereafter
located on or used in connection vith the above deacribed premises or any part thereof, to-
gether ~ith and including all fixtures, furnishings and articles of personal property ao~w or
hereafter attached to or installed in and about the building or buildings now erected or
hereafter to be erected upon the laads herein described, iacident to the complete and cam-
fortable use and occupaacq of such building or buildinga for the purpose for Which they vere
or are to be erected or adapted, and all renewals or replacements thereof or additions there-
to, the Mortgagors hereby declaring that it is intended that said items shall be deemed to
have heen permanently installed as part of the realty. [Tenaats' property not peYmaneatly
affixed to the realty so as to have become part thereof, alone excepted].
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[FLORIDA DOC[A~iTARY STAI~S ABB AFFIXED TO T~ ORIGINAL NOTE AND CANC6LI.SDL
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