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HomeMy WebLinkAbout2215 20 ~f~39 THIS IN~ENTURE, lYl~d~ th~~ 24th dsy of Rehrt~a rv , A.D. i9~~.. betweea A 1 7 an D~ Ms?e~l ~d anA isaan E MaCLPady. h~ i~~~ , of ~t. Lucie , Counry Fiorida, hN~in~ft~ d~sign+?ed ai th~ "MORTGAGOR;' and fIRST FEpE4Al SAVINGS AND IOAN ' ASSpC1AT10N OF fORT PIERCE, a corpor+tion wpanii~d and ~aatirg ~ndM tM laws of th~ United 5~a~~s of America ~nc1 fi~viny ita p+incipal pl~c~ oi ~ busiMSS in tM City of fo~t P+~res, St, l~ci~ Counry. Fbrida. her~in+ha d~sipn+tad u tM "MORiGAGEE." WHEREAS tM MORTGAGOR is juttly indsbted ro tM MORTGAGEE in tAe sum of i 9J~~•~ g~od and lawiui money of the Un~ted States ~dvenced by ths MORTGAGEE unto the MORiGAGOtt, as evidcnced by a certain promiisay nore of even date t~erewith, of which the followirq in word~ snd fi~ur~s i: ~ trvs copy, to-wit: ~ , r,~,3-16,846 Fo?t Pierce. Flwida. Fe~~]:i~.SL24 r 19~1. ~ pr pay, witF?ouf dtfalc~tion, to the o~der of FIRST FEDERAI SAVINGS 1~ND IaAN ASSOC~ATION Of Fw value received, I, we w either of ~s, omis~ to } t FORT PIERCE at Fpt Pierte, Flaida, the sum of ~9 ~QQ-~O with interest f~om date at the ute of~.~r.r2~o per nn~+m, in monthly inatali- ments ~s follows: = 77 on fhe lsth day of June , 19~- and a like sum on the correspor?d~n9 d+y of each month there- after until the who:e be fully paid. ~ Eath irtstallmeot first shall be app~~rd in payment of tM interesl ~nd then on the unpaid bslance of the prinupal sum. If deiault is made in the pay~nent of any installmtot when due, and such defavlt coMinues 30 days, then at the optiw~ of the holder, and without any other notice, all tF+e remaining ~ns~allments shall be due arul payab~e al once. Privilegs is yiven to pr~pay thia note in whol~ or in part at ~ny time without penslty. Neither fwebearance, , nor acceptance by the hotder thereof after any defa~lt in any p~yments hereon. sMlf be deemed extensior?. A iate paymcnt charge of S 3•75 iha~l be ,2 added to each installment remsininp unpaid 7 days afttr iri dw d~te, ae~d • like sum shall be added 1o each such imtallment remaining unpaid 7 days after each wcteeding payment date. \ Each maker, surety and e~Kloner hereof, jointly and sever~Ily, waives demand, presentment pro~est and notice of protest for nonpayme~t, a~d further agrees to any extensio~ of time of payment, either befor~ a after matwity, without r:otice to any of us; and to psy all coats of collection, including a . ~easor+able attwney's fee in the evcnt of ~ny de(ault Mreunder, and hereby severaliy waives all beoefit of homestead and exemption under the conatitution ~ a~:d laws of each State of the United States, ss syainst this oblgation p any extension o? rer+ewal hereof. : ~ Witncsa tl+e hand and stal of each party. ~ . s Allan D Ma.cLeod ~A~~ ; ax • (sEnu ~ s Jean E. MacLeod tS~+u ~ ~ $13 . SO ~ st.u Rewn~. (9~sw~ wwe~11~ ~r erly*+~I ~+e~s) NOW, THEREFORE, the MORTGAGOR fw the purpose of aecvriny p~yment of said sum of S Q-~~ ~nd tM performance of ths coven~nq and s~reemenb hersinafter txpresud, and fa divers 9ood and vslwble tonsideratiau, by theu presents, does grant, baryain, sell, remix, release, conv~y and confirm unto the MORTGAGEE, its svcuuws and aui9ns, •U that ceruin bt, picct w psrcel of I~nd, situate, lying, and being in the ~o„~~ ~ St. Lucie ,ed sqt. of f~orid., dew~b.d tollows: Lot 2, Block 73, RIVER PARK, UNIT ~9-A, as per plat thereof recorded in Plat ~ Sook 14, page 31, of the Public Records of St. Lucie County, Rlorida, i , ; ~ o i ~ RE~EtVED d ~II PI1YMf?R oF TAXE~ ! bUE ON CIASS 'C' INTAtiGIBLE PERSONi1~'*R9PFRTYi E PURSUA[~Ii TO CFiAPiER 20724. ACTS Of 1941. E xocER roRw?s, c~ a~~ c~~~t ~ ffi a~t rm o~ia K ~ow~s, ~R _ ~ St lucie County Tax Colt c~ . OCUMEN pol' L AMP 7AX . ~ ~ ~ ~~cu.~i.~..~ ~~~.GZ.I ~ = MR-9'7i _ ; o ' ~ DEPUIY CIERK y V cpMpTROIIEA "I~`~'' ~ 3 5 0= ~ ~ P.B. ~+o~aa - -------3 s ~ ~ ~ rogetMr with all and sinpular tM ten~m~nn, heredit+me~ri and appwhrues there~nto b~fagirg or in +nywiw app~rt~inirg therefo, snd ~11 r~nn, iuws, ~ ~ p.•oceeds ~nd profin acc?uinq and to scvue from ssid prem~ses, atl of w1iKh ue included in t!r ~bow and fore4oiug deuripYwn ~nd Mbencium. ~ TO HAVE AND TO HOID ti?~ ~bove dewibed and yrs~ted premises vnto the said MORTGAGEE, its successon ar+d assiyns foren~. Md tM satd ~ ~ # p MaRTGAGOR fa th@1 Z_~_ ~~~s~ ex~tw~, sdministrarors and ~ssiyns, i+~reby coven+nts with tl+~ said MORTGAGEE, i» ~ucceswn and ~ssigm. 3 ~ they are ~ +hat lawfvlly sei:ed of tF» s+~d premi~es in fee simple: that tM sarrM ~re fr~, cka~ ~nd d'achKyed from sll liera u~d encwn- ~ thei~ heirs shall w+rrant ~nd defend tM ~~~1~ a ~F~e sam. w ~Fw wid br~nces in law w in equiry, and that thev will and ~ M~RTGAGEE, ib wccessors +nd asi~pns. iwerer pa~^s~ th~ lawful claims snd demands of ~II perwro; - PitOVIDE~. AIWAYS that if th~ MORTGAGOR ~MII pay unro tM MORTGAGEE tM pombsory note hert~nbefore dacrib~d ~+d sF~all trulY. promptly end fully pe~form, discMrg~. ~xaarts, compbte. comply with ~nd ebid~ by esch aod eve~y the stipula~ions. apreem~~n. co~?difia?s ~nd cownants of said ~ promis~ory note and of this Nlortya~, tMn this Mortyap~ and tl+~ Estat~ hsreby ueated sh~11 ceas~ and b~ null and void. z IT IS UNDERSTOOD that thr word "Mortyayo?" whether k~ tt~e sirgvlu or plwal ~nywhere in this Mwtyay~, shal) b~ sinpvlu if on~ only ~nd - ahali bt plvr~l jointly and severally if mor~ tMn oM. ~nd tl?~t the wad "their" s~ ufed anywh~n in Ihis Mortgapt ih~ll be t~ken to me~n "his;• •'hen;' or "its." whaever the cont~:t w implies or +d+nits. Also, that whertver there is • referenu in tM coven+nts and ayreernenn herein contained to s~y of ~ rhe parties haeto, tfi~ sam~ ~hall b~ construed ro mean ~s vwll as the heirs. I~al repr~sentatives, successon ~nd ~uipro (~Hher volunt~ry by M of ~M ;y perti~s w involvntary by operatan of the law) of the same and that the covenann herein contain~d sh~ll bind a~d ths benefin and advantsy~s inw~ ~ ~o the r~spsctiw Fwin, kyal represe~tativ~s, svcceawn and us~yro of th~ pani~s F?~r~to. ~ /?nd ~+id Mortp~yws, for themsslv~s u~d tl+~ir 1?ein. Ityal rtprts~nutiv~s, wccesiwi ~nd +asiyns, hereby joinNy and sevtrally covsn+nt and pree r ro and with rh~ s~d NWRTGAGEE, in ~uccessws u~d •ugro: ~ 1. To pay dl and sinputar tM principal ~nd imerest and the wrian md wrdry ~urro of mon~Y paYable by virtue of said promissory noN. ~nd this ,nortpa~, acF~ and ~ve~y, pramptly on tly dayi reap~ctiwlp the sam~ s~v~r~lly become dw. ~ 2. To pay ~II ~nd sirgular tht tax~s. ~ss~sun~nt~. Iwitt, liabilitin, oblip~tions and ~ncumb~ance~ of every n~tur~ ~nd kind now on uid J~salb~d ~ prope~ry• a th+t here~ftN may b~ impoNd. ~vff~?~d, p~+c~d. Irvi~d, or ~uesa~d therson, a that hereaita may b~ Iwied a u~essed upon tfiis MortQ- k aye. w tM fnd~btdrwa ~ewred Mr~by. ~~afi and w~ry, wMn dw and p~y~bb. ~ccwdinp ro law, b.fw• ~hs~ bacane d.linqv.nr, and be(or~ ~ny int~r~at ~ art~ches a~ny per+alty is incvrred; AND INSOFAR AS ANY THEREOf fS Of RKORD THE SAME SMALI 8E PRONIPTLY SATISFIEO AN~ DISCNARGED Of RECOR~ ANO THE ORIGINAL OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIAIIY ENOORSE~ OR CER11fIE0~ SHAl4 SE PtASEO IN TME MANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AF1ER VAYMENT; and in tM ~wM lhat ~ny thet~of is no~ _ pa~d, sat ~fied and dsch~ryed sa:d MORTGAGEE may at any tim~ p~y tl+~ s+rrr or any pan thsreof without waivi~Q o? affectinp ~~y option, lien, equity a •~aht under w by virtw of this mo~tysye and the fvll ~mouM of tach u+d ~vc?y wd~ P+yment shall bt immediat~ly dw and pay~bls ~nd shall b~ar int~r~s+ ~rom the d~tt fherwf un?i! paid ~t rate of nins per centum pN ~rnwm ar+d t~~er h int~r~t~ll b~ secured by rhe lien of th"s mor~tap~. ~ 80~K~ 1~ : ;•yE:. ~ _ : _ _ _ - _ . _ .