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Home My WebLink About1575 223585 ~ 7th February A.D. 19 72 ~~W~+ ' THIS INOENTURQ N1~d~ the day of Woodrow McKenzie and Gertsie McKensie. his wife of SL . WCiQ Cou~ty Fiorida. IN~~~Mf~M d~i~g~+?ed +s rhe "MORTGAGOR:' ~nd FIRSi FEDERAL SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, ~ co~paat~on ap~ni:ed and exi~tin9 und~. ~h~ laws of tM Unit~d Sta~i of Am~ric~ and haviny in prlrx~pai pl+c~ of bui~e~s in tM City of Fort Pi~ru, St. luci~ Camry. Flaida, htr~in+fttr dt~ip~at~d u tM "MORTGAGEE:' WHEREAS th~ MORTGAGOR a jv~tiy ind~btad ro tFN MORTGAGEf in tM sum of S lO~-400.~0 , good and lawful money of ?he Un~ted . S~atsi advsnced by 1M MORTGAGEE unto tM MORTt3AGOR, as evidenced by • certam promiuwy note of even date herew~tl+, of wh~ch ths (ollowinp in ' wwdt +nd figurp ia a trw copy, towit: s 10.400.00 3-17, 943 Fort Pierc~. Flwlda. Rebruary 7~ 19 72 fw value reccived, 1, we w either of us, prom~ss to pay, without defalc~t~on, to ~he order of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, Ihe sum of i 10~400•0~ with interest (rom date at Ihe rats oi 7•7~ per annum, in maNhly insta~l• ments as fotlows: Z~6 on the 1sL ~y of Aprll ~q 72 ~ l;ke sum on 1M cwrespondinp dsy of e~ch month thert- afrer until the whole be fully paid. Each insullment first shall b~ applied in paymcnt of the intereat ~nd then on the unpaid ba!ance of ths p~inc~p~l sum. If d ault is made in the F.ayment of any installmcnt when dw, and such default continues 30 days, 1hM st the option of ~he holder, and without ~ny othar notice, all the remaining ~:,stallments shall be due and payable at once. Privilepe is yiven to prepay this note in whole w in part ~t any time without ptn~lty. Neither fw~bsarante, nw acceptsnce by the holder thereof aitea any default in any payments hercon, shall be deemed extension. A late payment charg~ of Z 4• 3O sMII be rd~ed fo each instaltment remainirg ue?piid 7 days affer iri due date, and ~ like sum shall be added to each such installment remaining unpaid 7 days ~fter each wcceedin~ payment date. Each maker, surety and endwser hersof, joinNy and severally, waives demand, prexntment protest and notice of protest for nonpayment, a.~d furthe~ ag.ees to sny exteniwn of t~me of payment, either befwe a after matur~ty, wiihout nor~ce to any of us; and to pay ell costs of collection, includ~np ~ ~eesonabk a~twney's fee in the event of any defautt Fxreunde?, and hereby severally waives all benefit of homestead and ezemption under the co~stitution a~d Isws of each Srate of the United Statea, ss ayairnt this obliyation w any eatension a renewal hereof. Witness the hand and seal of exh party. s/ Woodrow McKenaie ~~u cs~?t) s Gertsie McKenzie ~~u csEwu S15.60 ~ st,r: a~r.rn,e ' i~at~caw~tsrC~~w1~1 , NOW, THEREFORE, the MORTGAGOR for tM purpose of securing payment of ssid sum of s i~~4~'~ -•nd tM performance of the covcnann a~+d apreemenb hereinafter erpresxd, snd fa divers good ~nd valuable coniidcrations, by these prcse~ts, does grant, bar9sin, sell, rsmise, re'.ease, convey ~nd confirm unro the MORTGAGEE, ib succeuws ~nd suc9ns, all tMt cerui~ lot, pisu or pucel of I~nd, situate, lyinp, and beiny tn the ~ Couny of SL. LL1C1@ and State of Florida, dcwibed ~s follows: i Lot 8, Block 7, REPLAT OF PAUM GARDENS, according to the plat thezeaf as recorded in Plat Book 12 at page 42 of the Public Records of St. Lucie County, Florida, ; ! x ~ ~ ~ S - ' ti W ~ S~l~r~ ~F r'" L~~~UI~ i ~ c~ DOCUt~{ENTAp"_STA~P TAX ; ~ J ~ _ Fes-~n _ ~yX i ~ = ~ i; I 5 6 0 ~ RECa~o o i ~ ~.~~.LLIL_._ ~N N?rMExr of t~uc6 ; V~ s~t.~t e~art - ~ ~.~9•~~s - ouE ar a~ss ~c i~iwweuE ~so~ Pr~en, ~ M1RSlMMT Tb CiIAiTER J1-134, ACTS OF 1911. ~ ~ Roc,EK Po~r ~ ~ . W15, pe?k Grw~t Court, St. Luue Co. Fls. j r tg ~ ; i~ ~ ~ ~ rogether with all and singulsr the tenements, hercditamenn and ~ppwtances tlmwnto b~longinp w in anyw'n~ apperf~ininy therNo, u+d all rtnb, iuws, : ~ p~«eeds ~nd profita scauing +nd to ~ccrw from said prem'~ses, all of whicfi are i~dud~d in tht ~bov~ ~nd fore~oinp descriptio~ and habtnd~m. ; TO HAVE AND TO F~OW the above dewibed +~d gr+nted prcmises unto tl,~ said MORTGAGEE, its succassors u~d ~uipra fwtv~r. Md tFw saW i /dORTGAGOR fw - the l Y hein, e:ecuton, ~dministratws ~nd ~~sigro, hereby covensnn with tFN ssid MORTGAGEE, iri successon and ~uipro, ' ~~Y~Z~ ~ fhat lawfully teized of tM s+id premis~s in fe~ ~implet tMt t!» sam~ art frM, dur ~nd disch~rqed from sll liem ~nd ~ncvn? thev their h~irs shall w~nant and defand tM titl~ ro tM s+m~ to tl» said brances in I~w o~ in equify. ~nd 1Fut will and ~ MORTGAGEE, its svccessors u~d suiyns, fwever spairot th~ lawful claimi and demands of ~~I ptrwro; - PROVIDED, AlWAYS thst if the MORTGAGOR shall p~y unto tM MORTGAGEE tFte p?omisspy note heteinbefore deu~ib~d and shall tr~ly, promplly - end fully periam, d~xMrge, executs, complete, comply with snd abide by e+ch and every tht ttipvlatiau, ~greemenb, cw~ditiau and tovtnants of asid promissory nott ~nd of this Mut9aye, then this Mwtyaqe +nd the Estate hereby veated shall coak and b~ null and wid. IT IS UNDERSTOOD tF~t tM word "Morty+pw" wF~ether in tM tinpular or plural ~nywh~r~ in this Matysp~. ~hafl be tirgulu if on~ only and S shall b~ plural jointty ~nd sevewlly if more than one, and that tM word "the~r" ~s used ~nywh~re in thia Mwt~aye ~MII be taken to mtan "his:• ••hen•• o. "its;' wherever the context w implies or sdmits. Also, that wh~rever ther~ is • r.f.rence in ~h. cwen•nn and ~qrsemer~q herein contained to ~ny of rhe p~rties hereto, the urrN ~hall be comtrued to me~n as w~ll +s the heirs, lpal r~pres~ntatiws, sucuuas and auipro (~ither volunt~~y by act of tM parties a involuntary by operatioe? of the law) of the same and tiut the covenams herein contained shall bind ~nd the bsntfits and ~dv~ntayes inun ' ro the retpectiw hein, byal represcntatira, succeuon ~nd su'gns of tha parties h~reto. _ Md ~asd Mwtyaqors, fw thems~lves ~r?d their hein. Ipal represematives, wccessort ~nd attiynt, hereby jointly and severally tov~n~nt and ~r~e ' io and with the said MORTGAGEE, its iuccasws ~rd auiyns: 1. To pay ~11 and siryul~r the printipal and interest and the v+riovs and sundry tums of ma?ey psyaW~ by virtw of said promiuory note, a~d this ~ mortysy~, tach and wtry, prompfly on tFw d~ys respediv~ly th~ iame wwrally becane due. ~ ~F'~ 2. To p+y ~11 ~nd i~ngul~r tt+e ~axes, auessm~nn, levies, li~bilit~e~, obli9atian and ~ncumbrances of evsry M1Vff and kind now o~ isid daail»d ~ - prope~ty, o~ tF~at he~eafttr may be impwed, wffer~0, placed, kvied, w asussed thereon, a~hat Frcrt~ftK may be levied a auessed upon this Mwt9- ; - ~q~, w the indebt~dneu secu~ed hereby, exh and ~very, when due and payabl~. ~ccadinp to law, b~fwt ti~ey becan~ delinquent, and b~for~ ~ny intKes~ ' atteches w+ny penalty is inc~rred; AN~ INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTLY SATISfIE~ AND ~ISCMARGE~ OF f ~ RECORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SA?ISfACTION PADER OFFICIAtLY ENDORSED ~ - OR CERIIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAVMENT; and in the event that ~ny tMrwf it not paid, sat'tfied and dixh~rged sa:d MORTGAGEE may at aoy time pay the same or any paA thereof without waivinq w affectiny +ny option, lisn, puify or e •~~ht under or by virtue of th7s monyaye and the full amount of each and every such p~yment shafl be irr.mediately due and payabk and shall besr interdt # <<om the date thereof until paid at rate of nine per centum per annum and toyether weh i y~„ hall be '~j Ihe lien of tb:• ma9tape. i BO K ~~7~7 PACE~.J 1 ~ 'y~` - - - : - ~ - , _ K - ~ ? y:. _ ,_~'s~ . , ~ . . _ _ _ . . . r . . _ _ ..e.