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HomeMy WebLinkAbout1832 i~12~,~ iH1S INDENTURE. Mad~ th~ 17th ~y of March ~ A,p. 19_Z1L~ bs~ ; Joseph T. ricGee and Dixie B, P1cGeg, hi s wi fe f of St. Lucie Cow+ty Florida, 1w~in+h~r d~tiynated ai 1M "MORTGAGOR," and fIRSi fEUERAI SPVINGS ANO IOAN ASSOCIAT(ON OF fORi PtERCE, ~ corpaation oryaniud and exiui,p w~d~r tM laws of ths U~~t~d Sat~a of Am~riu ~nd Mv'u?p iri principal pl~c~ of bu~iMSS in th~ City of Fort Pi~rce. St. l~ci~ County. ilorida. INf~itfihN (IfiiQMl~ as tM "MORTGAGEE.•• WHEREAS th~ MORTGAGOR a jwtly ind~bt~d w tM MORTGAGEE in the sum of = I~ ~ • 900~ ~nd lawful ma~ey of fhe Un~ted Statef advanced by ~hs MORTGI~6EE unto ths MORTGAGOR, as evidenced by a c~arain piomiuory note oi even date herewith, of wh~ch the followinp in wordt and fiyures is ~ trw copy, towit: : 10,000.00 16, 235 ~ P;~,a. F~;~. . N~ arc h 17 ~y 70 Fw value receivcd, 1, we or eiti~er of us, promise ro pay, without dtfalcation, to the ordsr qf FtRST fEDERAL SAVIMCa$ AND IOAM /ISSOCIATlON OF FORT PIERCE at Fort Pierce, Ftorida, the ivm of : Z~, 000• ~ w;th interesf from date at the rate of~_96 pe? amum, in monthly ir?itall- R,eots ss follows: i 99.00 ~~~,al5th ~y of -j~y 19~_ and a like ium on ths carrespa~dirg dsy of each month therr after unlil the whole be fully paid. Each ~nstallment first shall be applied in payment of tha interest and then on the unp~id balance of the princ~pal sum. If default is m~ tn ths paymeM of a~y imtallmeM when due, and wch defavlt tontinues 30 days, then at the option of the holdtr, and without any oti~er rqtice, al) the remaining ;~urallments shall be due and payable at once. Privilege is yiven to prepay fha note i~ whols w i~ part ~t ~ny time without penatty. Neither forebearance, nor acceptance by the holder thereof aftH sny defsult in ~ny psyments hereon, sh~ll be deemed extension. A I~te p+yment chuye af ~ 4! ,9 5 fhall be added to eacA installment remainirg unpa~d 7 days afte~ ib dw datt, ~nd • lilu wm sl»II be added to each wch installment remainLg vnpiid 7 d~ys aft~? each wtceediny p~Yrnent dafe. Each maker, surety and er~dorser herwf, jointly and sevtrally, waives demand, presenrment protest and notice of p~otest for ~onpaymeM, ~nd further agreea to any extension of time of p~yment, either before w after matvrity, without notice to any of us; and to pay aN cosri of coftectan, inclvd~rg a reasonable atrorney i fee in the evcn? of any dcfault hereunda, and hereby severally w~ives ~II benefit of homeatead and exemption under the cabtitution and laws of each State of the United Sutes, ss agsirot this obli~atan or ~ny exlension a renew~l hereof. Wifness the Mnd and seal of each psrty. /s/ Joseph T . McGee ~p (s~?U ~Sl D1Xle R . McC;Pn ~y tsf~U ~ 1 S. 00 ~ State Rewnw i5~wn~q- e~ncelle~d err e~ipi~Nl-n.M) NOW, THEREfORf, tlie MORTGACaOR for ihe pu?pos~ oi secu~iny paym~n! pf ~ald swn of ; 1O s~U • ~nd tFr perfomyna of tht cove~+a~ts and ~greements herein~fter expressed, u~d fu ~ven ~ood and v~lwbl~ tonsiderations, by tl~ preseny, dos~ yr~nt, b~rqai~?, sell, remise, rete:se, oonvey aod confirm unro tM MORTGACEE, its wouswts and ~pipns. ~N tMt art~in IW, pita~ or parctl of land, utwt~, tyinQ, ~d beinp tn th~ ca,nty of - S t. L uc i e .,,d &sh of fluida, dewibd .s fd{ows: Beginnin~ at the intersection of the SE cor~r of the `~~i~~~~~~0~~~'~ East 1/2 of the South 1/2 of the West 1/2 of the NE4 of ~ ~ H-~ ~v~ ~ the Stv 4 of Section 9, Township 35 South, R ange 39 East, ~ ,_1~ ~ St. Lucie County, Rlorida, LBSS the South 30 feet for ~ >zo road right of way, where such SE corner intersects wx th ~ ~'y~+ J4 j~„~ ~ the North right of way line for t:'ILLIS ROAD for point of ~t-~ beginning; proceed thence westerly 209 feet to a point• ~n ~ --~~~:r~'-1~=~ ( ° ~ r; = . p c.,e~~-~ thence roceed North a distance of 209 feet to a point; _;z • - v~:. --.s P '~7~jQ~ thence proceed East to the East boundary line of the above ~ W described property; thence South along said Bast boundary ! ~ O J nmi T r'c a Q n line to point of beginning, / " i ° - •r-r --U ~ n - p i v, ;t;;z o ~m Said land also described as foll.ows : , .~D~~tlllillllc°~G: ~ c: "~'X;> The South 239 feet of the East 209 feet of the SiJ'4 of the ~ j ~ A 1 N( 1 0~ yE4 of the SW4 of Section 9, Tow~nship 35 South~ Ran ge 39 m ~'a fiast, LESS A:~tD F~CCF.PT the South 30 feet thereof for ;d~ llis ' 3l~fll '1S Road,.~ N together with all and sinyular ttK ten~men». I~editam~na ~nd appwturces tF~ereunro bdonyinp a in anywis~ sppertaininp M~ereb, ~nd all raMS, iftws proceeds ~nd profin accruinq snd to ~ccrw from s~id pranites, all of whidi an indud~d in th~ abor~ r~d forpoin9 dacriptan and hab~ndun~. TO HAVf IlNO TO HOW tl~r abovt dexrib+d and printed premis~a uMO the said MORTGAGEE, iti wocessors ~nd iuipns forswr. Md t!» Mid MORTGAGOR fw t~ hein. ~xecuton, adminanaton ~nd usi~ns, Mrsby oovenanb with th~ s~id MORTGAGfE, ib weps~on ~nd ~s~iprr„ rM~ they a r e _ ta~,tq se~zed of th~ ssid prwni~s in fe~r swnpl~= that ~M snM ac~ hN, clw and d'acl~arpad from dl li~m and ~ncunr bra~ces in law w in equity. ~nd ths~ they will ~nd their hein shall wanaM ~nd def~nd th~ titlt b tM sam~ w th~ a~id MORTGAGEE, in succeuors and usiyns, fwevar ay~inst ttwi bwful ctaims ~nd damsewds aF ~N p~rsoro; PROVIpEO. ALWAYS rhat N the NtORTGAGOR shstl p.y unro th. MORiGAGEE the p.amiuwy nofe h.rtfnbefw• dnor~.d and ~h.il melp, p.ompNy and fvllY perform, discFurya. ~xecute, compl~t~, comply with ~nd ab~ by esch snd ~veryr the atipulatioeu. apre~mems, condit'wns and oov~n~rds of said promiss«y note ~nd of Thia Mwtyspe, tMn this Nlortqap~ and tfw Est~ta hK~by p~ated ~hati cwk and b~ ~wlt ~nd void IT IS UNDERSTOOD th~t tF~e wwd "Mortyapor" wlietlx~ in fhe sirgubr a plw~l ~nywl~er~ in Hus Morpape, ~hall b~ sinpvlar if on~ w~lp rid sMll be plurd jointly and s~ver~ly if mor~ tlwr? on~, uid that tM wwd "thei?" ~s wed anyrrhen in this Mort~~ sh~ll b~ tak~n to m~~n "hh," "hsn,~ w"its:' whereve? the conuxt w implies or ~dmits. Also, that wher~ver then b• nferenq in th~ cov~n~nts a~d ~pr~r~ms lw~ein oo~t~iMd ro arry~ o( rM p~rties h~reta, the sue~ ~hall b~ aorntrusd w mean a w~U u t?w hei» I~yd npressnta~ives, woc~s~on and auipm i~itMr vohr+tary by ~ct of the parti~s a involum+rY bY opvation of tM law) of th~ s~n+e ~nd that rhe cov.nann h~r•in comain.d d»II 6'a~d and Nw bemfia .nd advants~s k?w~ ro th~ r.s~c~iw heirs, {paI re~xe~.nr~rivp, urcoa~ors and ap~yrp oi th. p,rti~s Mreto. Md said Mwtyapors, fw tMmselws and tlvrK Mirs. Mpal reprtsen~ativ~a, svaea~o~s and ksip~u. Fwr~bY jointlp +rK! wwrally oovN»nt and a~r~ to and with tht said MORTGAGEE, ih svtuawn and ~stiqro: 1. To pay all ud sirgvlar th~ princ;pat u~d intaest and th~ v~?ious and w~dry wms of mortyape. ~ach and twry. PromPry on tFr d~ '"O^~y WY~bb by virtw of aid proma~onr nota, and thh Y~ ~~P~~Y th~ samt swsr~Hy b~tam dut. 2. To pay all ~nd sirg~ia~ th~ t~xes. as~s~m~nts. Iwies. lt+biliti~a, oblipatiom ud Mambranc~s of ewry rwtvr~ and kind now oe~ s+Nl d~svib~d PraW*~Y, a tMt hereahN m~y be impowel, wff~~, p~aced Iwied, or ~wssed tlxr~a4 a th~t har~aft~ may b~ Iwiwd a asesred ~rpon thb Mortg . ay~, a th~ lnd~btedn~ss sacvr~d har~by, tad~ ~nd ~wry, wMn due ard pay~bb. ~aordinp to taw, b~fwt tl~r bacorn~ d~linquxd, ard b~fon anp Nq~rpf at4che~ p My penalry is incwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SH/lll dE PROMPTIY SATISFIEO AND DISCHARG~Ep pF REtOR~ AND THE ORIGINAI OFfICIAI DOCUMENT (Sl1CH /~S, FOR INSTANCE, THE TAX RKEIPT OR T}IE SATISfACT10N PMER OFFICIAUV ENOORSEO OR CERTIf1E~) SHALL EE VLACEO iN THf HAI~IDS Of SAIp MORiGAGEE WITi11N 1EN DAYS NEXT AFIHt PAYNIENT; ~nd in tn~ ~vent t~t ~ny th~rsof Is not paid, iat"sfi~d and disc~aryd aa:d A+ORTGAGEE rn~y at any tim~ pay tM sain~ w any p~rt tha~of witho~t waivinp or affettirg ~ny opPpn, lien, sq~wryr a •pht under ar by virtw of this mortgaye ~nd th~ f~ll smo~~t of sach and ~very such paymMr ~hali be imrewdiately dw and payabls a~d shal! b~sr imKpt ~•om the dare fhereof umil psid if .~fe of n]n~ per ce~tum p~r arrwm and roye~her w~th wd~ int~rest ~hall b~ wcwed by th~ li~n of th:s mwyt~e. eoaK 1~~ ~act ~~i3U _ ~ : ~-~y.s.x ~ - : ~ _ . . - : . ~ _ ~