HomeMy WebLinkAbout0142 ! - Z~U1~b
t THIS INDENTURE, Ma.i. ~he i~h day of Februarx,. ~ A.O. 19 7Q. benrr.~n
Robert Willia4 McNally~ a singlQ adu2t and
~ Blizabeth Irene Healy, a widow
of $t. L1iCiQ • County Flor~da, herlinatter d~a' nat~Rdt aa ,the ':ilORj<3AGOR," and itRST FEDfRAI SAVINGS AND IOAN
ASSOCfAT10N Of FORT PlfRCE, a co~poiat~on wpaniied and ex~s~in9 u++dsr f~e~ IaviA o( the UA~~aA Sta~ai of Americe a~ having its principsl plaa of
bu~in~ss In tM Gity of Fott Pierce, St. lucie County, Florida, hereinaf~e~ dzs~gna~ad as the "MORIGAGEE:'
WHEREAS 1M MORTGAGOf~ is justly indebted to the MORTGAGEE in the aum of S 82-.7~•~ ~ good end laN•ful money of ihe Un~ted
Stafes advanced by the MORTGAGEF u~to the MOR7GAGOR, as evidrnc_d by a ce~tain promiss~ry note of even date herewit;t, of which the foilowin~ in
words ~nd fiyure~ is • trus copY. to-wit: •
= 8,700.00 ~ ~_~6i182
, fort Pierce, florida, FebYuary 1~ ~y70 -
for val•~e rece+ved. 1, we w e~~hea of us, prom~ar to pay, without defaicat~on, to ehe ordr~ of FtRSi FEDERAL SAVINGS AN~ LOAN ASSOCIATION Of
fORT PIERCE at Fort Pierte, Ftorida, fhe sum oi S 7~ w;th intcr:~st trom date at the rate of 8• 5~ per a~nvm, in monthly instalb
ments a~ foltows: S 76• ~ on the 15th day ot _~=Ch , 19_ 7~ and a I~ke swn on the correspw~ding ~ay pf exh monlh ihe~r
after umil the whote be fully paid.
Esch install~nent first shall be appl~ed in pay~nent o4 fha interest ond th~n on the unpa~d ba~ance of the pr~nc;pal sum. If default ii made in the
payme~t of any insraltment witen due, and such default co~tinues 30 days, then a1 the opr~on of the holdcr, and wifhout any other notice, all the rertui~~rg
imtallments shall be due and payable ii once. P~iv~kge ~a g~ven to prapay this note in whole or in part at any t~me without penatty. Neittxt forebearance,
~ nor accep?ante by the hoEder thereof afrer any defauh in any payments hereon, shait be deemed extension. A late payment ct?arg~ of : 3• 8O shal) b~
added to each installment remaining urtpaid 7 days after its dve date, and a liice sum Si13~I t7C addr3 to each su:h installment remaining unpaid 7 days afta
eath sutceedir~g payment date.
Esch maker, surety and endorser hereof, jo~ntly and severally, wo;ves dema~d, p~esentm"rnt protest and not~ce of protest for nonpayment, and further
eg~ees ro aoy exten~lon of time of payment, either (xfore or after maturity, wirhout nor:ce ~o an~ of us; and to pay all costs of collertion, includiog ~
• teason;blt aJtorney's fee in the event ot any defavit hereuntier, and hereby seYera~!y vvz~ves a1i benefit o1 homestead and exemption u~da the tomfitution
and laws of eath State of the United States, as aga;nst this obt~gation or any extens~on w renewal hereof.
Witness the hand and seal of each party.
~ /s/ Robezt Williaa McNally, a ~U
single adult ~u
s Blizabeth Irene Nealy, a wi~~
~ 13.05 i Stste Reven~e _
($tarnps cancetted on original note) 8'~
NOW, THERFFORE, the MORTGAGOR fa the purpose of sccur~ng payment of sa~d sum cf i. ~ and the pcrforms~ct of th~
oovenanb and agreements herei~after expressed, and for divers good and valuable cortsiderations, by fF+ese p~escnrs, does grant, baryain, sell, ~em+x,
telease, convey ~nd confirm unto the MoRiGAGEf, its successo» and au~gns, all that certain lot, piece or percel of Isnd, situate, lying, and being in the
~~ry ~ $t. 1.11C1@ and State of florida, describsd as follows: -
Beginning at the center section post of Seetion 21, ToNrnship 35
South, Range 40 6ast, run North a distance of 644.44 feet to a point;
thence turn and run West with an inside angle of 89 degrees 34 ninutes
24 secoads a distance of 223 feet to a point of beginni.ng; thence turn
and run Narth 131 feet, aore or less, to the South side.of Ponce De
Leon Prado; thence turn a?nd run West along the South side of Ponce De
Leon Prado 74 feet; thence turn and run Sout4 to the South line of the
NE'; of the SB'=~ of the NW~ of Section 21, Township 35 South, Range 40
East, a distance of 13I feet, vore or less~ thence turn and rnn East to
point of beginning; all of said property lying and being in the S'~ of
the NB~ of the SB'~ of the M~ of Section 21, ?ownship 35 South, Range
40 Fsast,
~ q,
I. IN pAYNEJJT Of TAXES
- c RECE1~'fD S C. IttiAN~lBlE :~ftSCflll P;t`~PER1V.
; _ t DUE QN CLASS ' I~C,S 0~ 19~12.
W~, 5~ JC1. ~F~ 1- L ti i~~ U.~ PiSRS'.:Ai,'T TO CHAPi:F ~~7~4,
v F DOCU~YE.NiA~'~Sid"~iP T~.X ~ ROG-R ?OITi,AS. Clerft Circu3 Court
~ Z
w, ~ Kt~OW S 1R.
~ = FEBi9'7~ ~ = ~
y . ~ ABert fat Ct'dr1El N-
N~ cor~u+r~.~ U~~`~ t 3 0 5~ St Lucie Ccuat~ ja~ ~~ledo~
P.B.~9o~3s -
By ~ • ~ c~~
' toy~ther with ~II and singular the tenement~, hereditamentt and appurtances thereu~to belonging or in anywise apptrfaininQ theteto, ~nd all ren» issu~s„
proteeds and profib atu~ing anti to acuue from said premis_s, sll of which are included in the above and fweyang desuiption •nd habendum.
' TO HAVE AND TO NOLD the above described snd 9~anted prem~ses unto the said N{ORTGAGEE, iri stxcesson and suigro forevu. And t}r ~id
AhORTGAGOR for thBi7C ~„s, ezecutws, adminiurators and assigns, hereby covenents with the said MORTGAGEE, ib wcceuas ar+d assipro,
~~t thev 8IE ~awfully uized of the said premius in fee simple; that the same arQ free, clear snd dischsryed from sfl fiero and Mcvrt~
bra+xes in !aw w in equity, and that they w,i11 and their heirs sFull warrant and deferd the title b ths sa.M to tMt s~1d
MORTGAGEE, its succeuws and aszigns, forever against the lawfu! c~aims and demands of all persw~s;
PROVIDF~, ALWAYS that if the AAOR7GAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dexribed and shall truly, p?omptFy
a.~d fully perfwm, discharge, execute, complete, comply with and abide by each and every the stipulations, ayreements, conditiont snd tovenints of said
promissory note and of this Mortgage, then this Mortqage and the E~tate hetEb34 ueated shall cease and be n~tl and void.
IT (5 UNDERSTOOD ths? the word "Mortgagw" whether in the s~ngular a plural anywhere in this Mortgage, shall be sinyulsr if one o~ly ard
shal) be plural jointly snd sevs~ally if more tha~ one, and that the wwd "their" as ~scd anywhe~e in this Mortgage shall be taken to mea~ "ha;' "Mn;'
a"its;' wherever the context so implies a admits. Aiso, that wherever there is a reterence in the covenants and sgreements trorein cont~insd to u~y of
the partin hereto, the same thali be construed to mean as well as the heirs, legal representatives, sucusson and auig~s (either volunury by ~ct oF fh~
puties or involuntary by operat'an of the law) of the same and that the covenants herei~ co~tained shalt bind and the benefits and advantayes 'uwre
fo the respective heirs, fegal represe~tarivp, successors and ass~gns of the pariees hereta
Ard taid Mortgsgors, fw themxlve~ sr?d their lxirs, legal ~epresentatives, wc~~.sors •~+d sssig~s, hereby joinNy a~d sevenlly tovsnant and ~pne
to and with the aid MORTGAGEE, its succeuws and assigns:
1. To pay all and singvlar thr printipal and interest and tFx wriovs and :undry sums oir money payabk by virtve of said promisswr nott, ~nd this
mortyspe, eath ~nd every, p?omptly on the days respectivety the same severally become dve.
2 To pay a!1 snd sirgvlsr the tsxes, sssessmenri, levies, liabiiities, obligatio~rs and encumlxances of tvery nawre and kind now on said dewibed
property, w tMt Fxreaft~r msy be -imposed, suffered. Placed, kv~ed, or assessed thereon, or that hereafta may 6e kvied a asseued vpa~ thFs Mory-
aye, a tf+e indebtedneu secu~ed i~ereby, exh and every, when dve and payable, according to law, betore they become delinq~ee~t, ~rd befon ~ny inlM~st
~tt~ches a a~y penalty is inturred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII 8E PROMPTIY SATISfIED AND DISCHARGED OF ~
RKORD AND THE ORIGINAL OFFICIAI ~OCUMENT (SU~H AS, fOR tN$TA?YCE, THf TAX RECftPT OiC THE SATISFACTlON PADER OFFICIAILY ENOORSED
OR CERIlFlED) SHAII 8E PIACED IN TNE HANDS OF SAIO MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the event tMf any ihereof a no1
psid, sat'sfied and distharged sa:d MORTGAGEE may st any t~me pay the same or any part thereof wilhout waivi~g or affectinp arty option, IiM, equity or
•iqht under a by virtue of Ihis morrgage er+d the full amovnt of each and evcry such payment shall be immediately due and payabk and sMli be~r intertst
irpm the date thereof until paid et rate of nine per cent~m per annum and together w~th such interest sfiall be secure~ by the lien of th:s morytaye.
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