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HomeMy WebLinkAbout2775 210i50 lO THtS INDENTURE. Mad~ ~M 4Lh ~ay of '~un@ A.O. 19 71 batwN~ a e. McGee and F lorene McGee, his wifQ of ~ C Q County Flwid~, Mni~aftK dttipnated aa tF» "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN ASSOCiAT10N OF iORT PIERCE, • eorporation orasnl:~d and ~xis~ir+p uixl~r the lews of tAs United Suia of AenHka +~d Mvinp iri pri~cipal pl~ of bu~ina~ in tM City of Fwt Pi~rce. St. luci~ Co~nty. Flotida. Mr~uaftK dt~ipn~~~d +s th~ "MORiGAGEE:' WHEREAS ~M MORTGAGOR is jwtly i~bt~d ro t!w H10RTGAGEE i~ the ~~m oi = 9~ 5~ . gocd +nd ~+w(u~ money of ~ht U~~ted S~st~s advanced by tM MORTGAt'sEE unto tM MORTGAGOR. as ~vid~ncad by • cer~ain promiuorY note oi even date herew~~h, of wh~ch the followinp ie~ wadi uwl fipur~s a• trw copy. ~o-wit: : 9. 500.00 rro 3-17 ~ 107 . Fort Pi~rt~. Fio.~d.. June 4 ~991 Fa v~lw received, 1, we w citha of vi. promiss ro pay, without def~~cation, to ~M o~der of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE ~t iort Vierce, Fbrid~, the wm of = 9 ~ S~ w~th interett from date at the ~ate of 8• 0 96 per ~nnum, in monthly iniull- menb ai follows: = 86 •O0- on the 18L ~y pf A~,1,a13St 19~_ and a lik~ sum on the cwrespaxlinp day of exh month tMn- after until the whol~ bs fully paid. Each imtatlment first shall be applied in payme~t of ths intcrest and ~hen o~ H'~e unpaid balance of the p~inc+psl sum. If default u mad~ ln 1M Fayment of any instaltment when dve, and such default contioues 30 day~, the~ at the op~~on oi the holde~. and without any other rotice. sll the r~mstnirq ~nsta~lmentt ~hall be due and payabk at once. Privile9e is ~iveo to {x~p+y this nofs in whole or in part a~ a~y time w~thout penalry. Neither fwebearu~c~, nw acceptanc~ by ths holder ~hereof afte? any default in any payments hereon, shall be deemcd e~tensio~. A Isro payment charge of = 4• 3O fh~ll b~ added to each ins~allment ?emainirq unpaid 7 days aher iri dw date, and ~ like sum sha~l be added lo each such installment remai~iny unpaid 7 day~ ~fta esch wcceed~n9 payment date. E~ch maker, surety and endorxr hereof, jointly and severally, waives demand, p~esen~ment protest and no~ice ot p~otest for nonpayment, and furtha agreei to ae~r extcnsion of time of payment, eithe• befo~a a after maturity, wi~hout not~ce to any of us; and to pay all cos!s of collection, i~clud~np • reasonable attorney's fet in the event of any default hereunde?, and hereby severoll/ waives aIl benefit of homestead and eaemption under 1Fw co~titution and laws of exh State of Ihe United States, as aga~nst this obli9alion or any ext~nsion w ~enewal hereof. . Witness the hand and }eal of cach p+?ty. ~ /s/ Leslia L. McGee (sFwU ' ~ ts~?U ' ~s/ F lorene McGee ~y $14.25 ` ~u ( 1 Sub Revenw NOW, THEREFORE, tta MORTGAGOR fw ths pwpose of securirg paymeM of uid sum oi = 9~ 5~ +nd th~ performanu of tM cove+?~nri and ayre~ments heteinsfter expressed, and fw diven ~ood and valv~bl~ cauiderations, by these p~essn», does gr~nt, barpain, sell, remise, release, conw~ and confirm unro the MORTGAGEE, its wcceuws and auigna, •t1 that certain by piec~ or parcel of lu~d, situat~, lyina, snd b~inp In t1N County of St. ~.L1Cie ~nd Stat~ of Fb?ida. describ~d aa follows: Lot 10, Block "M", HARMONY tiBIGHTS SUBDIVISION, as per plat thereof recorded in Plat Book 8, page 24, public records of St. Lucie County, Florida, °Z? IN PAYMEN~ 0~ 111XES _ _ • ~~u,~~ ' W~ STAI' E~F F L O R 1 U A ' K i TO ~~ER p~' ~ ~ Z DOCUMENTAp STAMP TAX i M' s ~ . ~ Cirwit CW~ ~ _ - = t • r ~ f.~G"!'• 1~~AS~ ~ N. KNO'M!L ~ ~ ~ _.u~-~T~ . E ~ 1425~ r i5 ~~rt ~9/ ~~~E~ Vl Y[~t.M tfrEOE _ " St lucie Cou,•b Tax Co~lec~ P8.»o~~: - ~ ~ . ~ °~ur c~~ ~ ~ ~ ~ rog~th~r with atl and singubr tM tenements, he~editamsnts ~nd appunances thereunto btlonyu+p or i~ anywa~ appertainuq thar~b, ud ~II n+NS, i~n, p.oceeds snd profin ~cuuirg ~nd to acvue from said premises, all of w1iKh ~re ir?cluded in the sbovt and fapoinp dacription ~nd h+be~ee~. ~ TO HAVE AND TO HOID th~ above descr~bed and yrmted p.e+n~~es unro the said MORTGAGEE, its succsawrs u~d +ssigns fwewr. Iiu+d th~ ~+id ~ MORTGAGo R for their E~~~. ~;nis~ntan and suigns, t~ereby covN+snts with the said MORTGAGEE, in succnson ~d as~per. ~ they are rhat - lawfully seized of the s+id pramis~s in fN aimple: that tl» same Ir~e. clea~ snd d'nchar~ed from ~II IiNa ~nd ~ncun? t brancas in law a in equity. ~od th~t L hQY will and t he i r he'us sMll warrant and deftnd tM titb ro t!w sanw fo th~ wid ; MORTGAGEE. its successon and auigm. (wwer agai~st the lawfu! cbima ~nd demands of ~II persons: PROVlDED, ALWAYS that if tM MORTGAGOR shall p~y vnto tht MORTGAGEE the p~omiswry nott her~inbefw~ dewib~d and sh+ll truly, promptlr ~ and fully periwm, dKCMr9e. ~x~cv~e. complet~, canply wifh ~nd abide by exh ~nd wtry the stipul~taro, ayreem~nb, conditiora and cownann of ~aid promitsory not~ a?~d of thy Mwt9a~e, then this Mwtp+y~ and tMe Estate hertby veat~d shall u~s~ a~d bt rwll ~nd wid. ~ IT IS Ut~iOERST000 tMt tF+e word "Mortpapor" whether in tM ~inyulu a plural ~nywhtr~ in thi~ Mortpp~. ~II b~ sinqul~r if on~ only and shall be plur~l jointly and Kverdly if mw~ tMn one, and that th~ wad "their" used anywher~ in tha Mortpap~ sMll b~ tak~n to m~an "his.•• "h~n.•• ~ e+ ^its;' wherever the cont~xt w implisi or admits. Also, tMt whcrever ther~ is ~ reference in tM covsn~nn and apr~ernenb h~r~in contairnd b aMr of ~ the partyn lwreto, the ~an+~ ~MII b~ corutrued to mean as well as tFw h~~n, kyal r~pr~sent~tives, wccnsws N+d aupm (~ithe~ voluntary b~r ~ct of th~ „ part;p or inwlunt~ry by opaat~on of the law) of the sarn~ u+d that ~M cwenann F+er.in coma~ned ~F+all bnd and tM ba+dln snd .dv+nr.qas inun ~ ro tF+~ ~e~p~ctiv~ hsin, 1e9a1 r~prescr+tativ~a, wcuuwa and ass'~ns of tht pa~ti~s h~reto. ~ Md ud Mwtyayon, for the.nselr~s and ~he+r Mein, leyd representatives, succsuora snd sui~u, h~reby jaotly a~d wvKally covenanf u+d ap?K ~ to u~d wifh tM iaid MORTGAGEE, in succeswn ~nd auiyr~s: 1. To pay dl ~nd sinyvlar tM principal and interest and tM various and ~undry wms of marY paY~bl~ by virtue of said prorqissory not~, and this ~ mort~a~. ~ad+ ~nd ewry, pomptly on the days respectiwly th~ sarne sewr~ll~ becorn~ d~s. ` 2. To pay dl and stnqulu tM t~:es, asussmenb. I~vie~. Ii~billti~s, obliyatam ~nd ~ncumb~~nces of ev~y r?~tur~ ~nd kind now on said duuib~d ~ prop~.y, or tMt hae~he~ may b~ impaed, wffa~d. P~+ud. Mvi~d, o~ ~~ses~ed tFKrwn. a tMt haeafta may be le~rwd or ~ssessed ~rpa~ tl~ Mort~ s9~, u tl~e ind~bt~drKSS fsavr~d her~by. ~acF~ and ~vNy, whsn due ~nd p~yabl~. actordinp ro law, befor~ thty bstorne delinqwnl, ~nd b~fo?~ arh? M~q~t •ttaches or any pen~tty is incurred; AND 1NSOFAR AS ANY THEREOF IS OF RKORD iME SAME SHAII SE PROMViIY SI1TtSFIED ANO DISCMARGED Of ~ REGORD ANO iHE ORIGINAL OFFIGUI DUCUMENT (SIKH A5, FOR INSIANCE, THE TAX RECEIPT OR TNE SATISFACTION PMER OFFICIAILY ENOORSED ~ OR CERTIf1ED) SHAIt 6E pUCED IN TNE HANDS OF SAID MORTGAGEE W~THIN TEN ~Al/5 NEXT AFTER PAYMENT; and in the twnt that ~ny thpwl is no~ ~ ps~d, s~~'sfi~d and dixhar9ed w:d MORTGAGEE may at any t~me p~y the ~ame o~ +ny part thereof wirhout w~ivin~ or •ffectirq aMr optan, li~n, puiry a ~ •~pht under w by virtw of ~his mort9~ge and the full amou~t of each •nd ~very such paymeM shall b~ immed~ate~y dve ~nd payabl~ ~nd sMlt b~ar intNeq ~ ~ ~•om th! d~te Ihereof until paid at rate of nine per centum pe~ annum and tope+her w:th s~ch in!e t M~ ~ured b~ JjEp~of Ih:s rtwrytap~. ~ DO 1~ s:~~ ~ ~ ~ ~ _ j,~,~ : - ~'nwaS". . ~ . ~sS~ ~..~^~.1':