HomeMy WebLinkAbout1137 ~515 ~
THIS IN~ENTURE. 1111~d~ th~ llth day of t~y . A.0. 1972~ Mtwt~+
Kevin John McLouahlin and Mary Gorhas McLouahlin, hia wife
of St. Lucie ~iy ~~;Mftu d~sipMrod as tM "MORTCaAGOR," and FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, • oapaatan oryaniud W+d ~xistup w~d~r tM (avr~ of Mw Unihd Suta of Am~riu •nd h.vinp in prtnctpat p1.e. of
busirnss in tM Gry of Fort PiKa. St. luci~ CouMy.. fiaida. her~inah~a daipna»d a fM "MORTGAGEE."
WHfREAS ti~ AAOitTGAGOit it 2S ~ 0~ . yood and lawful monay of the United
~uatly kd~btsd ro tha NWRTGAGEE in /M svm of ~
States advanced by tM MORiGAGEE unto ths MORTGAGOR, as ~videnced by • ctruin promiuwy not~ of ~wn datt I+~rewith, of whith tM foliowinp in
w0~25 ~rlt is i trw COpy, tpwiT:
= f r,~, 3-18,334
Fwt Pi~ru. Florida. M~Y 11 ~y '~Z
Fw valw ~eceived, 1, we a either of us, promise to pay, wi~hout dsf~icu~on, to ~he order of FIRST fEDERAI SAVINGS AND LOAN A$SO~IATION OF
FORT PIERGE at Fwt Pie?u, Florida, the wm of = 25.1~0•~ with int~rett from dat~ at th~ nt~ of 7• S% pN +nnwA, in moMhly i~stail~
mcnn u follows: i 202.00 ~ t~ 18t ~y of .July , 19 72 and a lilc~ sum o~ tM cor?e~paxx~g d~y of each month th~?~-
after vntil the whole be fully paid.
Each inst~tlmer~t fint sMll be apptied in payment of the i~terest and then on tFa vnpaid balance of tM prindp~l sum. If d auh is m+de in tM
payment of ~ny iratallment whsn due, aod s~xh default continues 30 d~ys, lhen st Ihe option of tM holder, ~nd without ~ny other notite, all the remainirg
~nstailmtnri shall be due and payabk st o~ce. Privile~ is yiven to ixep~Y this nots in whofe w ie paR at any time witlw~t p~nalty. NeitMr forebearance,
nw ~aeptsnce by ths hoWer thereof sfter ~ny defauh in anY paYme~ts hereo~. thall be deemed extensio~. A iste payment tharg~ of i~c•~~ ifisil ba
added to each uut~llment remaininy ~npaid 7 days afiK ib dus d~t~, and • like sum shall be addad to e~ch such inttalln?ent ramaininy vapaid 7 days ~he?
each sucteedi~g payment d+te.
Each maker, swey and endorur hereof, jointy and sevtvalty, waives dsms~d, prtsentment protest and notite of protest for nonpayment, ~nd funhe~
agrees ro any extension of time of payment, either befo?e or afte~ maturity, without notice to any of us; snd to pay all eosh of collectan, includ~rg a
reason~ble attorney i fee in the event of any def~ult Mreunder, ~nd her~by severally waiva all benefit of hort?estead snd exemptioe~ ~nder the cautitution
and Iaws of each State of the United States, as aga+nst this obligation a any extension or renew~l I+areof.
Witness the hand and usl of esch party.
~SEIW
s Kevin John McLough2in ~
s Mary Gorhaa McLoughlin ~
~ 37~ ~ ) State Revenue ~U
(~te1oDL rllDaoll~d ~O ~c~ir~al.rott)
NOW, THEREFORE, the MORTGAGOR fw the p~rpose of securing paymem of said wm of ~ 25•~0•~ , and tM performancs of the
covenann .nd a~~.emenn her.~nafrer expressed, snd fw dven pood aed v~lwble toruideratioM, by lha~ presents, does praM, bsrpain, s~ll, remisa,
releasa conwp~ confirm ynto the MORTGAGEE, its succeswn a+d auiye~s, all th~t cen~in lot, pieu or pvicel of I~nd, siwat~, lyirg, ~nd bein~ In the
County of • Lucie and St~t~ of Fbrida, d~suibd as follows:
Beginning at the Northeast corner of Lot 7S, MARAVILLA SUBDIVISIQd,
, as per plat thereof on file in Plat Book 7, page 31, public records
of St. Lucie Coutity, Florida; run South~resterly along the West right
of way line of Fair~vay Drive 111.9 feet; thence on a back angle of
116° 46',run West 490 feet; thenae run Northeasterly para12e2 to Fair_
way Drive 111.9 feet; thence run East 490 feet to the point of be-
ginning; the saae being 1'~ acres, a~ore or less,
_ . ~ `S'o 00
~ STAT E. ~F t= L U R I U A ~~,,~,r,~ ~N p
c~ OOCtR~fENTAp" STAMP 7AX p~p~ER 18(~~
'~1'~1,l~p~n~ .r~
= Z _ _ r...n
~4 ~ ~+4f C~n,.._?~6~~~~ ~'"N1C pnr,,,__'^~
~ = n~r is~z _ ` 3 7 5 0 = ~1/~ ~lS ~ 9 l~R~r
N v oc~t ~ ~nawt ' - ~ ' _ ' ~ ((ky
f ~ ~ rn ~
.8,11a11= - - 1/
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;i together w~th all and sin~ulsr tM tenemenn, hereditsma?ts and appvrt~ncas th~rsw+to b~lagieg or in anywue ~ppert~ininp fh~nb ~nd ~I) rents, issws,
procsed~ ared profits acwinQ u+d to xcrue f~om said premises, all of whid? an induded in th~ abov~ and forpoinp d~wiption ~nd h~bMdum.
TO HAVE AND TO, HOID the +bow desvibed and ~rsnted premiws umo th~ ~id MORTGAGEE, its wa~s~on and assipns fortwr. Md th~ Ntd
their
MORTGAGOR fw hein, executors, admirwsfr~ron and aaiyro. F~~by aoven~MS witb th~ s~id N10RTCsAGEE, its wooeason ~nd assipra,
they a re
rhat lawfvlly seiied of the said pnena~s in fN timpl~: tMt th~ s~rm an frN, d~u ~rd ~iscMrped fran di li~ro and se~cunr
brances in I+w or in puity. .~a rti.t they will and thei r htin shalt w~rram ~nd d~fend tM titN w th~ sany to tM wid
MORiGAGEE, its woceswrs srd assgns, forev~ apairat the lawrful daiim and d~mrdt of all pKSOmj .
' PROVtDED, ALWAYS that if the NIORiGAGOR shall pay unto the MORTGAGEE tM promisswr noq I+Keinb~fort d~wib~d and shsll ttuly, prarptly
and fully perfwm, disch~r~e, eaecutl, compkte. comply witF~ and sbid~ by s~d~ and ~very th~ sKpulaYans, apraMn~nb, conditions and oovernnts of s~id
promissory no~~ ~nd of tho Aitort~spe, then this JNortyapf uKi t!» brate ha~by usat~d slwi! cw~e ind b! rwll and void.
(T IS UNCERSTOCID that the word "Morty~pw" whether in tl~e sinpular w plw+l anywh~n in this Mortype. shall b~ sirgvla ff on~ only u~d
shall bt plwal iointly and s~verally if mon tMn on~. u~d Nwt th~ word "th~ir" ~s uad a+ywMrt in this NlonyaQ~ sh~ll b~ takin to rn~an "his,•• "Mn,••
o. 'its," wherwer tM oonteut w implies a sdmits. Abq, tMt wh~reve~ there is ~ r~fennor Fn tM ~oMSrunb and ~p?Mments h~rein oanained to any of
rhe pa?tks hento, tM sane ~h+ll b~ caanwd ro mea~n a vwll a th~ h~in. 1~0+~ npresematiws. wooaswn and asaipro (eithu vol~mary by ~ct of th~
parti~s or tnvolunt~ry bY operatia+ of tM law) of tFw sam~ and th+t the covsn~+n iwr~in aomained shall bind and th~ b~n~fits and adv~nt~s irwr~
ro the re~iw heirs. Ip~t r~pressntarives, suasuws and ass~ns of th~ pirtip h~rtto.
Md ~id 11Aortyapas, fo. t1~n+elws ind tMir F~ein, le9al r~pr~t~tives, wcc~ssas ~nd aasip~a, hsnby iantly and wvaally aoven~~N ~nd pr~e
to and with tM aaid MORTGAGEE, ib wcussors and auip~a: ~
1. To psy ~II and sinpular tl+~ principal snd inta~st ~nd the vuian and sundry wms of moMy payaM~ by virtw of s.id
' more~aye. ud~ a~d ewry, ao^~P~h+ d+ri n+va~ctiv~ly rFK sam. ~.v~r.1y b«om~ dw. PfO1"'~ no~•, Md thb
~i '1. TO Eliy i~~ Mld lifl?V~M tfl! t~x!!. qfltfilNflb. ~lYip, ~i~l~it~l~. 0~1~1~Of1~ N1~ f11CINt16?a11q! Of !V!ry M/tN~ ifld I[G1~I 110'M Ofl N~ ~lCIWM~
i prop~rty, a that hK~ahu maY be in+Powd, wff~nd. P~+ced, levied, a~d th~r~on, a th~t IMt~aft~r nwr bt kviaf w awsud ~ipon IN~ Mortp~
j p~, o? tM ir~btadnsss sewr~ h~teby, estb and every, wlwn dw a+d piysbl~, aaord'inp b Inw, b~fon they b~oonw delinqwM. ~nd b~fon any inlK~st
j +n~ches w any penahy is intwred; ANp INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SNAII dE PROlY1PTlY SATISFIED ANp pISCHARGED OF
i RECORD ANO THE ORIGINAL OFFICIAI OOCUMENT (SIJCH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTlOA1 PAPER OFfIC1ALLY ENDORSED
i OR CERTIFIE~) SHAU 6E PLACED IN 7HE HANDS Of SAID MORTGAGEE WITMIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the twnt tMt ~ny tha~of is not
~ p~id, sat'sfied and discha~ped said MORTGAGEE m~y st any time p~y tM sanK w~~ryr psrt tlxnof without w+iv~q w~ff~ctie~p s~y optioo, lisn, ~quify pr
•ipht ~nde~ p by vinue of tF?is mortysye and tM full a~aunt of each and wery wch piyment stwll b~ fmn~diately dw snd payable and shall b~ar intNat
II
hom the date thereof until paid at rate of ~ine per ce~tum pe~ annvm and toy~tFw~ with such in~ R shall b~ secwed by the lien of th:s mor~tap~.
Eoo~~I~ racE13.3~'
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