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THIS INCEN:URE. Made the._?~r~' _ day or _`MaY _ A.D. 19 , b~r..een
_ Cenny FtcGaiir~ln .-+nd Joann~ G. Mc`G~,uran,_ his wife,
- _ - - - - _ _ _ . _ _ _ _ - -
of St. Lucie Co~nty F:~~r.~:a. i;r.., .~r.~.r ~i..e r "1~ R f1.R~T fED'cRAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corpc~at.o~ orya~,;:~•d ~,-,d ~ ~ ~.•,.~:.-r 1.''- pt :1.~ •~;i~S~~c,~s of A~~.er.ca and hav;,••g its prinupal place of
business in the Gity of Fort Pierce, S~. tuc:e Co~r.ry, F~uricia, h~.. i, r J- :,y::.~:, d as r~.e c. '
WHEREAS the MORTGAGOR ~s j~etiy ~nd~~~ted to the A1_~:1.:.=~GcE n r~ in1n~.~_~~t~ , lzwiul mer.ey of the Un:ted
Srates advar.ced by the %.1~F.TGA~,EE ~~iro ;nr )AJti(:~ :v,: R. , _ _ „ _.~•n d.~±~ l~~~r.~,ch. o+ .,.h.ci, tne ioilow~ng in
,tiords and fi ures is a true copy, to-.v~~:
s i~ 0~~.00 16 3'~
~ Mo_ ~
f.;-t ? erce. F!cnd.+, ---,~c~j~ 19 7~
Fw value received, t, ~,rr or eiihrr of uz. ~~.o s, r~• • a ~ v . „ r ,,'r , ~1 F t ~~c a:a~ Sq~/~tiGS A?.D LQAN r15SOC1AT10N OE k
FORT PIERCE at Forf Pierc2, Flor~,fa, tnr ~u:n of : 1O f ~ , - sc: c,i per anr.vm, in mo~ithly inStall- ~
rnrntt at ~O!!Ows: S- • . . on the .15~n , JV+3~ _ i ~ 70 _ h
113 n~ . , on i. ~ co-::>,~~nd.ng ~iy of c~ch rronth there- ~
ateer unlil the who:e be ?u~iy ;,,;,d.
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Each inztai~mer.t flrsr shalf Le ,,;:r .ci :;..r a..•~r c,~ r~ • , , ;:al sum. If d.•fault 7s made in the
~vyment of dny inita:!mzM wfirr. t/~e. .,~.il • c.~.1~.! . > ._..ti . . , : •r:~u' any oiher rJhce, J~1 th@ rrmdini'~
Insrallments ahail bz d.,e ~~::1 F,a~~;:r or ~ P:~. _ , ~ , . , , . . . _ , ~ ~ ~ . . . ..~r, ,vt , _~:alty. N~~rti~er forebearance,
. , .
nor acceptance by the holder rh:•reot ai•.., ~n.r ,a:r,~,r . .;i ..s. n .~e+r i:~;:•enr charge of 5'S•65--• shaN bt t
~clded to eaCh insraiir~~nt re:••a~n~:ry t;::~-s~~~ 7 d.:~s e:> J~~° .1_ ~e:~.~ ~ . S:_'': r~~nr.i.~.v~,~~nt rema~ning ~npa~ti 7 days after ~
each succeeding payn.c~nt cia•~•. 3
Eath mak ~.:rety ai d~. d r~ r r i. . } . • . r i <~r re•~;;~ymcnt, and furlhe~
agrees to any extins~~n of t~~e o' ~ r . _ - . 1 ~ c, sts o~ c~,'4•cr~on, intiud;ng a
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re,sonable at~on,ey s fe~ !n rh~• . r r::, ~ i. _ ,rd ex_ ~ y!~on ur.der the tonstitution
and laws of each S~atc of tbe U,. ,:d S.~ .s . , . c,r , , . . _ _ ~
Wi tness t he hs~:d d sea! oi f: p i~r:. r
S ~ 1~2Rriy ~LCv:lL1YF117 _ (SEAL) ~
j
ISEAI) i
~,~Joann, i1C'G~i1Yd11 (SEAI) '
r ~ • ~Q ) Sta1e Revenve ~ ~SEAL)
;S~a~p-ca~t~ll~d ~n.or:~:rd ~c.~?
NOW, THEREFORE, the MORTGAGOR for the p. ,.-ae of se,..• -y ;:=:r':• c:,,d o' S.~Os~~n~-. and the performance of the
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covenants and agreemznts hereinafter exp.ess_d, a~~d for d:.e _;~cd a-d .a'vob'e _.•.s ~c~t.r:s, bv ciesa ~:esents, d~s grant, bargain, sett, remise,
releau, tonvey and corifirm unto +ne .'."~CRiv.4GiE, ;rs sJc::•sson d~_ _ , _r.t ,:n p,~ce cr p~rcei of iand, sit~at~, lying, and being in the
St • L.~.:^le-- , t ' .:a.. C_; ~,bed as .ov.s:
Covnry of and S~o?e of f.or:
3
r
`'ror~ the Southwest corner of ~~t t of itoblegarci*s Subdivision, of thr.t ~art of :.ot
~~f !'usscll's Sul~di.~?ision ~f Section ~8, To~vnship 34 Sou±h, Range 40 East, as re-
^orded in Plat Sook 1, paye 3;, St. :.ucie County Public F~'ecords, run Southeasterly
-1on.; said Florida : ast Co~st r^.ailread ri~ht-of-~va~ to a point of intersec~tiort ?
•~•ith the South line of the ?~orth 29.5 feet of ~ot 4; thence iun East aiong the ;
,outh line of the Nortli 29.S feet of said Lot 4 a distance af 735 feet to the ~
s
~:oint of beginning; thence continue East an s::id line 414 feet to the i~lest shoze ~
of the Indian River; ther~ce ~eander the shoreiine in a Northmesterll direction to f
'_he i,~iersection with a line 100 feet North of and parallel to the South line of
s~id Lot 2; thence t•lest 27 feet to a conczete monument; thence continue ~sest
~arallel t~ and 100 feet North of the South Zine of Lat 2 a distance of 387 feet:
*_hence Southerly 190 feet m~re or less to the point of beginning; together ~vith
-11 rinari:~n ~nd littor~ 1 rig`~ts ~ertaining theretc; LLSS r'LN.7 cYCEI'T r:11 that I~art
~.f the aL~ove described ~,<rcel of Iand lyiny ~ou~h of the :~ozth iir.e of Lot ? of
s-id pi~t of i:oblec}ard's Su~~ivi.sion;~
- RECEi!'FD S.~ U. O?
, IN PAYMEHT pf TAXfS
w STA"T E ~r f= L U k=2 f G A ~"E Q: `C INTA.SGIBLE i E?S; tiAL P:tOPERTY,
V~ DOCUMF_NTAb'~ STAMP T/lY P~- S~" j0 Cti~PTcR 2~72~l, ACiS OF 29~1,
~ Z = = On~~ e~c-; rUi,~~s, cie~k c~~~~~t ~o~~t
~ _ = narts~?o r=
~ ~ ~ ~ 5 Q~ a~ t~r GrlMlcl N. Yt.t~WIES, JR
h U COMPTRW.LER ^~7 - i
P.B.~~e~sa ~ M~ S~- ~~~i~ Co~: rj Tax Colleefor F
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By ~
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tcgether with all and singular the tenements, hered~tame~ts end appurrances there~nto betonging or i anywise ~ hereto, and ap ?enfs, iuues, ;
proceeds snd profifs accruing and to accr~e from said prem;ses, ai: oi w~.lch are ~;.c~~ded in the abo and for i ~tion and habendum. }
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TO H/1YE AND TO HOLD the above descr~bed and ranted '
g p•em;s~s u~ro tne sa~d MORTGAGEE, i1s successors and assigns ferever. And tha said ~
MORTGAGOR for ----~~~-'1x--- hehs, exe_utors, adrt,~n~s~:~~o•s a~:d a55 ynS, he~eby covenants with the said ~AORTCsACsEE, its suttessors end ~uigro,
rhat they as~Y_ ~dWf~~iy se~zed of the sa~d prem~ses in iee s~mp;e; that the samt are free, ciear and dixharged from all liens a~d encum-
brances in law w in equity, and thar___-~~1~}~_ wili ar:d __th£."iY___ heirs shall wa~rant and defend the title to the same to fhe aaid
MORiGAGEE, its successws and ass~gns, fo~ever agairsr the ~a~.f~t c~a~~, s ~ns de: .ands c~ al! pe-sona;
PROVl~ED, AtWAYS that if the MORTGAGOR shall pay ur,se the MCP."GAGff the prom:sso~y note hereinbefore described and shali truly, promptly
and fully perform, d~scharge, execute, canp!ete compiy wnh and ab:de by eaci, and every the stipulations, agreements, conditions and tovenants of uid
promissory note and o~ this Mortgage, then this Morrgage and rhe Fsrate r.ereby ueated shai) cease and be null and void.
IT IS UNDERSTOpD fhat the word "Mor:gagor" whe:her in the s~r,yuia~ or p;~rai anywhe~e in thcs ~1lortgage, shall be singvlar if or?e only end
ahall be plural joiody and severally i( more than one, and tt~at the ~~crd "the~r" as used anywhere in th:s Mortgage shall be taken to mean "his;' "hers,"
or "its;' wherever the coMext w imp(ies or admrts. Aiso, that wherever there is a re~ereRCe in the covenants and agreemenfs herein tontairr_d fo any of
ttx p~rlies hereto, the same tfiall be construed to mear. as e.elf as tho heirs, legal representatives, successws and assigns (either voluntary by sct of th~
parties or involuntary by operation of the taw) of the same and thaf tne co.~ena~~rs here~n conta~ned shati b~nd and the beneiits and adwnh~es irwn
to the respectire heirs, legal ~epresentatives, successers anrl ass gns oj the oan~es hereto.
And ssid Mortgaqors, fw then,selves and their hri+s. tegef representatives, successon and assigns, hereby jointly and severally corenanf and ayree
fo and with the wid MORTGAGEE, its successas and ass~gns:
1. To pay all and singular the principal and interest a~d the va:~o~s and s~r.dry sums of money payable by virtue oi said promissory note, ~nd fhis
mortgsye, each end every, paomptly on the days respettiv~ly the same severally becorne due.
2. To pay all and ~ir?galar the taxes, assessments, levies, Iiab~Gries, ob!igatiocs and encvmbrancea of every nature and kind now af said destribed
properfy, p lhat hereafter may be impoted, suff~red, placed, lev~ed, or assessed thereon, or that hereafter may be levied or uses~ed upon this Mor1Q-
age, or Ih~ indebttdness secvred hereby, each a~d every, w1~en due and payable, accord;ng ro law, before they become delinquent, and befwe tny interest
attaches w any penalty is incurred; AND I?v50FAR AS ANY THEREOF IS OF RECQRD THE SAl1E SHAII BE PROMPiLY SATISFIED AND DISCNARGEO OF
REGORD AND THE ORIGINAL OFFICIAL DOCUP~Er~T tSUCH A5. fOR iNSTArtCE, iHE tAx RrCEtPT OR T?fE SATISFACTlON PAPFR OFFICIAtLY ENDORSED i
OR CERTIFIED) SHAII BE PIACED IN THE NA!vDS OF SAI[i MOP.TGAGtE ~YIiHI~~ TEN DAYS r:cXT AFTER PAYMENT; and in the event that any tFxreof is not :
paid, satsfied and discharged sa d IAORiGAGEE may a± any t~me pay the sa~ae or a~y part rhereof w~rhou~ waiv~ng or atfecting any option, lien, equity w ~
~~qh1 under w by virfue of this morrgage and th~ iu1! ar:n~nf of cacn and PYPf~I SUfy1 ~ atimero shalf be ~mmediately d~e and payable and shall bear ioterest
~~om the date thereof until paid at rate of nin~ per cen!um per annum a~d t~e+he• n~th svth int~es,~sh tl ecured b e lien of th-s morytsge. ~
BOOK~~~ PACE~~J~ '