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HomeMy WebLinkAbout1951 THIS IN~ENTURE. Mad~ 1 a~th da o( MaV , A.O, 19~1.. Eew+Nn Jo• T. licG~e and Dix • B. M~IcGs~. his wile _ _ of SZ • L{1C~~ ~ Cqin~y f~pid~, het~in~ftN d~~gn~ted as tM "MORTGAGOR," •nd fiRST FE~ERAI SAVINGS AND IOAN ASSOCIA?ION OF fORT PIfRCE. ~ to?pa~tion o.panis~d and ~xi~~~np wKiM ~hs iaw~ of iiw Unit~d Sts;w of Rnmuk+ and hsvtnp trs p:tnctpa! plsca of buaiew~ in tM City of fwt PiMU, St. l~ci~ Counfy, Flafda. henin~itN dt~ipnN~d ~s tM "MORTGAGEE:' WHEREAS tM MORTGAGOR q ju~~ly ind~bt~d b th~ MORTGAGEE io 1M iwn of = 6~6~~~ pood and I~wfui monty of ~he United Stet~s ~dvenced by 1h~ MORiGAGEE u~}lo 1F~ MORTGAGOR. ~s ~vide~ced by • cKt~in promi~swy nWe of ev~n date Mrswith, of which th~ id{owinp in wwds ~nd (ip~rrn if • irw copY. wwu: s b s bQ~.00 Me 3~ 17 . Ol~O Fwt P1~?c~. florW~, ~y 1! r~''' Fa valu+ recciwd, 1, we a eithK of vt, prom~s~ to pay, wi~hout d~(~Ication, to 1h~ orde~ of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE ~t Fa1 PiKCS, Fbrid~, ~he sum of = 6 t 6~ with in~eres? trom d~te at thc rats of ~.a~.~9L pa +onum. ~n monthFy imull- menrs ~s foliow~: j 73~~ on tM lst~ay of `luly 19__71 and • lik~ sum a+ the cwre~pondinp day of e~ch ma?th IhKr af~er until the whob be fuil~; paid. , Each in~tallment fir~t shell b~ applied in payment of iM int~?cst ~nd ~hcn o~ ~he unpa~d balance of the p?inupal sum. If dei~ult is mad~ in tF» Fayment of any i~u!allment when dua, and suth de(a~lt tonti~ues ~0 days, then a1 the option of tM ho~de~, and without any other notice, all the rsmai~inp ~ns~allm~nts ihall be due ~nd payable at once. Privilepe is yiv~rn to p?apay this note in whole o? i~ put at u+y tims without penalry. Neither foreb~a?anc~, nor ~ccQpt~~?ty by the holde~ lhereof sfter any def~ull in ~ny p~ymenU hereon, shall be deemed e:tension. A lata paymeM tharye of S_~ shal) b~ edded to e~tA installme~t remainirq unpa~d 7 day~ ~ft~r ib dw'dat~, aod • lik~ sum shall be added 1o each such installment ramaininp unpaid 7 d~yt ~fter each succe~dinp paYmem date. E~ch mak~r, wr~ty and e~dase~ her~of, jointly and sevcr~lly, waives de~nand, presemment protezt anci notice of protest fo~ nonpaymeM, ~nd furlher agrees to ~ny exte~~iw~ of t~ of payment, either bsfor~ a afte~ m~~urfty, without not~ce to any of us; a~d to pay all costs of collectio~, includ~np a reasonable attwr?eys fee in ~he event of ~ny default he+eunde~, and hereby severally waives a~l be~e!i~ of homestead a~d eaemption u~der the cor?ititution end laws of exh Sute of the Unifed States, as aguni~ this obli9stion a~ny ext~nsion or ?enewat F~ereoi. Witn~ss tM hand and ~sal of exh party. a/J~e T. McGee ~~U - • ~ cs~?u ' iuie B. McGee ~ 90 ~ ~~iax~aa- aiaa 5t,~ NOW, THEREFORE, tAe MORTGAGOR iw th~ pwpos~ of secvrinp p~yma?t of said ~wn of ib~b~'~ and tM pertormanc~ of tl+~ cov~nb ~nd ~~emerds hertir+aft~r eapreased. ~nd for divsn 9ood u~d valwbb contida~tio~s by thts~ prssenri, doe~ p~ent, bar~ain, sell, r~mise, reieas~, convey snd conf'um unro tAe MORTGAGEE, its succeuors and usigns, ~tl tMt ce.r~in bt, piso~ a punl of laod, titwu, lyinp, srwJ beinp In tM ~ $t. Lucie u~d Stat~ of Flwld+. dsw~sd ~s fdlows: . Lot 10, Block l, CRAMBR'S ADDI?ION, as per plat thereof on fil~ in Plat Book 2, page 10, puDlic records of Saint Lncie County, Rlorida, ~ ~ a~ 'c~ ir~rr~~~ ~~orr a T~ ROG~R ~`R .yunt. ~crs oF is~P~. ' PaITRAS~ Clsri~ C~ ~urt ~ S TA7 ~ ~F r L O R 1[> A ~~~t br ~ ~ Z D~CJvFNT,to_:~STAMP TAX ~ ~ T~ ~~i R - ~ ' J ~ - 11A/2i'%1 ~ ~ ~.*9?~ - ~CIOf ~ ~ ~ .~~r ~ ` 9 9 0 _ er ~ Fu. ~,o ~ u ~ ~wnr aa~x ~ ~ ~ - eoyetl+er virith ~II ~nd ~inpvla? tht t~nerewnN, her~`d'n ~ppurtsnces thsrwnb b~lorgirg a in anywist ~pp~rtairw~p th~rNo. ~nd ~II wMS. N~w~. ~ proceedi and pofin acuuinp and to acuw from said~ienit~s. ~11 of whid+ ~n irrclud~d in the abov~ ~nd foryanp deiniptian and h~b~ndun~. : ~ TO HAVE Ar~ t0 ~i~s •bow desv~bed and yr.nred pr.m~ses unro th. said MORTGAGEE. ns s~,ccesson and auipro io.svw. Md th~ Nfd ; ~ MORTGACsQR fa are~e~ Min, e:~cvt«s. ~dministr~tas u~d assqro. Fweby coveeann with tM u1d MORTGAGfE, its Mrcte~wn ~nd as~iprr. ~ rhat th~ bwfully w~sed o1 tl+~ wid prae+~s i~ fN ~imple: that tM t~rn~ u~ ~rw, clwr and dixh~rped from all li~ns ~rd ~ncwn~ ~ brances in bw a in sqwty, and tMt t21lY wiU ~nd their hsin ah+ll wwram w~d dt}~nd tM thb to tM s~ w th~ wW ~ MORiGAvEE. ib successws and auiym, forever sy~wKt tF+~ lawful d~irta ~nd demands of all p~rsau: tROVIDED, AIwM?S rMr H rhe MORTGAGOR ~h.ll psy ~enro rM MORTGI?GEE rIK p.oma~ory nae he.~inb.fon d~wib~d ~nd ahall tn,fy, pornp~ly •nd fvlly pKiwm, dbcMrqe, ex~cue~, comPlet~, cahply witA and ab~de by ~ach and ~wry tt+e stipvlatia+s. +W~am~MS, tonditiona W+d aov~nri of s~id ~ p?wrusso~y rwt~ u~d of this Allorqa~, ti~ee+ tha Mort~ap~ ~nd tM Estate F+K~by creat~d ilwll ctas~ and bs null and vad. ~ ~ ~ IT IS UNOERSTOOD that the word "Mwtyapor" whstMr in the sinqvla or pl~x~l anywhan In this Mortpp~, sMll b~ ~Mipvlar if on~ only ~nd ~ ~hall b~ ph,rd jointly ~rd sevN~liy if mw~ than orn, and that tM w«d "tF~eir" ~s ~wed ~nywMr~ in thia Mo?19ap~ ~hall b~ tak~n ro rr~ean "Aia," "Mrs,•• ~a or "its," wherewr t!w cont~xt w implies a ~dmin. Aho, tMt wher~ve~ there b• r~f~renc~ in *h. cov.nams and pr.sm«+n herein oa+u~d ro.eqr d ~ r1» p~rti~s ha~a, th~ tar~ sha11 b~ coraerued a rm~n a vwll „ tlw h~'vs. I~yal repnwr?tatiwi, wcus~ors ~nd auprr (~i~ha vduntary bq act of th~ ~ panip o~ invokrnt~ry by ope~~tion of tM law) of tht wme and tMt tht ca+renw+b henin comained shall bi~+d a~d tM beewfit~ ~ed dv~ntp~s liwr~ fo tM nsqctiw h~ira, Ipal repres~ntatives, woceswn and ~uqiu of Nw parti~s AaNO. ~ Md seid Mwtppas, fa ~Fwnklws and their lrirt, Ipsl reprt~ent~tiws, suoc~swrs ~nd aaipru, h~reb~r jointly ~nd wwrally oov~rwa and pnt ~ ro~nd wiM 1ht wid MORTGAGEE, its wuesson ~nd augm: 1. To pay all a~d wqular th~ princip~l and imN~st ~nd th~ variovs md wodry sums of money paYaW~ by vktue oi said praniuwy noM. ~nd thi~ ~ mw~p+~. Nch ~nd ew~y. P~anPthi on tM dar rtsp~ctivelY ~!w s~nte t~wr.liy b~can~ due. . 2. To p+y dl w+d arpvtr Mw taxa, as~eun~+K. Iwi~s, liabiliti~s, obliy~tiom ~++d ~ncumbnnas of ewry Mtur~ uid kfnd now on uid dNCrib~d ~ w~h, a N?at I~e~ n?ay b~ in~poMd, wffN~d. P~+ud• INiad, or awsNd tMr~on, a th~t hN~~her nur be I~vi~d a aNSad upa~ thls AAorp- pe, a th~ ind~badnea s~cun0 Iw~b~r. ~ad+ and ~v~ryr, wMn dw ~nd p~y~bM, au«dinq w bw, b~la~ Nwy b~come ddinqwo~, and b~fon any MNna srr~che~ or ~ny penahy e incuned; AND INSOfAR AS ANIf TMEREOF IS OF RKORO THE SAME SF1AU 6E PROMYiIY SATISFIfD AND DISCMARGEp ~f RECORD AND TME ORIGINAL OFfICIAL OOCWMENT (SIJCH AS, FOR INSTANCf, TME 1AX RECEIPT OR iHE SA115fACTION PAVfR OffICIAtIY ENDORSED ~ OR CERTIFIED) SIiAIL dE rLACE~ IN THE HANpS Of SAIp MOR1GAGfE W~iMIN TEN DAYS NEXT AFTER PAYMEN~; and M ~h~ twM lhat ~ny Mwr~of i~ no1 pud, ut s(i~d ~nd disthaped s+:d MORTGAGEE may ~t ~~y t~me p~y tl+e s~mt o? ~ny pa.t thaeof without waivirq w affectinp op~ion. Iwn, ~qvity or ~ •pM undN w by virtw of this mo.~qpe and tM full ~n,ount oi ~~ch and we?y such p~ymsnt shall b~ irnr~diaqly dw aod payable ~nd ~t) bNr int~rttt ~ ~ ~•o.n tFr dat~ tlk~wf w?+il pa~d at r~te of n~ne per cenrwn pe~ ~nnum ~nd ropether woh ~ucA interesr shdl b~ ucured by tFK lien ~f th:~ morptap~. s ~ aooK192 19~7 :~R ~~."_ti.____~__...5 _ ~ _ _ - , .