HomeMy WebLinkAbout2562 . 23fl4~'''I ~O,
iH1S INDFNTURE. MaJ~ th~ 23~ day of •"'~,T .i..~ A.D~ 19~., Mtw~e?
Paul L. M~cLanghlin and Psarl McLau~rhliA~.hie riPe
of Str• ~.C~A CpMty Flaid~. I+u~~NfNr~dnip~aNd ~f tM "MORTGAGOR." ~r+d fIRST FE~ERAt SiAVINGS AND IOAN
ASSpC1AtION OF FORT PIERtE, a aorpor~tion ay~nissd md ~zi~tinp vr~ tM liws of N» Onif~d Su~a of Ameriu aod havkg it~ principal pl~u of
buunqs in th~ Gry of Fat PiKC~. St. l~ci~ Counry. Flaida. Mniewffa e~aipnahd as tM "MORTGAGEE."
WHERE/1S th~ MORTGAGOR h iwHy ind~bt~d 1o tM MORTGAGEE in 1M sum of = ~ Q+S~~~ ~ood ~nd I~wfut ma,~y oi tM tlnited
Sutss adv~nced by tM MORTGAGEE unto th~ IYIORTf;AGOR. ~s ~vida+oed by a cKtain promiuory ~ot~ of even date F?Kwvitb, of which tF~ foilowinp in i
wads a~d fiaur~s is a trw topy, towH; . +
~ ~o,.~oo.oo N,~~8~3p6
Fwt PiKU, Florid~, •+~i 23 19~_
fw wlw raceived, 1, w~ o~ eitha of us, promiss fo pay, witlw~t d~f~lcation, to 1M wda of FIRST fEDERAI SAqVIN.~G~+S~ AND tOAN ASSOCIATlON AF i
FORT PIERCE a1 Fwt Piera, florid~, the sum of ; ~ 0~5~~~ with int'er'esf from date at ths rat~ of ~L~f. pe? annwn, in m~.nthly imt~14
ments as follows: = 87~~ on th~ ~ at day of ~ . 19J
~ and a lik~ :wn on the cwre~poodi~y day of each month therr
after until the whole be fvlly paid.
Each inuallment first shall be ~pplied in p~yment of tM interest and then on tM unp~id b~l~nce of tM princip~l sum. If d wlt ia msd~ in tM
payment of any installment when dve. and wch defautt continixt 30 days, thea ~t t!N op~ion of ths holder, and without any otha notice, all the ram~ininy
;nsqNmsnq sha!! be due and payabk st axe. Priviky~ is yiven ro pr~pay this not~ in whol~ w in pan at ~ny time withoW peMhy. PI~i her forebsar~nc~.
nw accept~nts by the holde~ t1+Keof afte~ ~ny default in aoY paym~~ts heroon, sMll be deemed eatensan. A late psyment cMty~ of ~ sh~ll b~
added to eath instalknent remainin9 unp~id 7 days ~he~ its dw-dat~, and a like sum shall be added lo cath s~th instsNmsr~t nmaininp unpaid 7 days iR~t
cach succeedi~+y paymenf date.
fach makei, surety u~d endorse~ hereof, jointly and severalfy, ws'rves demand, presentme+d protest ~nd ~otice of protest for nonpayma?t, snd fwth~t
agrces to any extension of time of payment, eithe~ befwe w aher matwity, without notice to s~y of us; and to p~y all cosri of mllection, includirg a
reasonable sttorney i fes in the event of any defwlt hereunde?, and hereby sevenlly waives all benefit of homestead and exemption undK tlw constitution
and ~aws of each SNte of the United States, ss against this obligation or sny exteosioe~ a renswal henof.
Witness tM hand ~Bd sesl of each party • .
s/ Panl L. McIsu¢b].in ~
~s~?u
8 Pe8T1 MCTa1~B~liit~ (5E~?U
~ 515.75 ~ s~~~. R~,~„»
~ ~
NOW, THEREFORE, tM MORTGAGOR fw th~ purpose of acurirg p~yment of said sum of ~ ~~~5~~~ , ~nd th~ performano~ of tM
covenann ~u+d ~preemenn hereinaher expreued, and fw diven yood and valwbl~ tonsidentions, by thes~ pnsants, do~s grant, b~rp~in, s~ll, rsmise,
release, oo~wy and tonfirm unro the 1NORTGAGEE, ib waesw~s and assigns, ~11 tMt cert~in bt, piet~ o? puo~l of lancl, tituaN, lyerg, and beinp in th~
Counry of ~C~ . and Stat~ of Fiwida, dacrib~d a followt:
.
The West 9i feet of I.o~t~ 13, Block 4, of the replat of
PALH GARD~IS, as per plat thereof recorc~ed in Plat
Book 12, Page 1~2, of the Ptiblic Records of St. Iucie
Ccunty~ Florida
~
W S'fAT~ ~F t=LORiU~
c~ F~'.. OOCUMEi~TAo~: STki~P TAX pF tl?X6
= 2 - _ ~ 18LE Pf ~ ~ P ~~~,p~
~ - nar~i~n ~ .
~ p = - s= I 5 7 5~ ~jE~ 1•134. M~ ~9 Y` I
~ ~ DEPT.Of REYEYUE '."-%i'oif" r..~c~V11L tO „~,~p ~~j[US M
~+V~•••_-- Ilw~-~.. r"t ~
P.B. ~90~ i: - ~~R st.
~
rogether witb aIl and sinpul~r tM tenements, herad'Namenri ~nd appurtances tMnunro be{onpinp a in anywiw app~rt~irJnp thueto, and aEl nnts, issws,
procesds and profib ~cuvinp ~nd to ~cvw from said premises, all of whid~ are inclvd~d in tlw above and forpoinp daoription ~+d Aabsndurn.
TO HAVE AND TO HOID th~ ~bov~ describ~d and ~a+ted premis~s unto tht said NWRTG/1Gff, its waoeswn and aalpro iw~vsr. And tiN yW
MORTGAGOR for ~e~ hein. ~xec~tors, administraton and ~ssigns, her~by oovtnaea wHh th~ sak! MORTGAGfE, Hs waeaors ~nd miprw,
~hat ~ g~ t~wfully teizad of the said pr~rniies 'a~ fse simpb: tMt th~ s~m an frN d~ar ~nd dbcl~uy~d from ~tl Ii~ns aid ~ncum~
br~~ces in taw or in puity. ~rd that
~g will ~nd heirs sh~ll wsrraM and def~nd tM titl~ b th~ sam~ ~ tM s~id
MORTGAGfE, in wooessors and assi~ro, forever apaina tM~ bwful claims Md ~MMfI~ OF ~II pMi0f1{j
PROVIOE~. /1lWAY5 tMt if the MORTGAGOR sFwll py~ unto tht MORTGAGEE the promissory ~ot~ h~r~inb~for~ dacr~»d ~nd shdl ttuly, prompfly
snd fully p~rform„ disdwry~, execwe, oompkt~, complY with and abide by txh ~nd ~very the stipul~tio~t apreemants, ow~ditions ~nd oawmnq of s~id
prom~ssory rat~ ~nd of tha Mony~qe, th.r? this Mo.ty~p~ ~nd the bt~te ha~by ven~d sMll aa~e and b~ m,ll u~d void.
IT IS UNDERSTOOD tlut th~ wwd "Mwt9apor" whethtr in the sinpular w pl~xd anywhen in this Allortpap~, ahall b~ sinp~lar if oM onfy uid i'
shall be plwal iointly u~d ~everafty H more t!~ on~, snd that thf word "their" as ussd arryrvl~s~t i~ tha Mo~lpap~ sh~ll be tsksn to rntan "his," "i~s;'
o. ••ib,•• whsreva t!r oontezt so implies w admits. Abo, tMt wiwevar there is ~ r~faeno~ in th~ cwenanri and pr~nls her~ie~ wmainad fo ~+p of
tM puties hsreto th~ ss~ne shall be consnued to m~~n ~s well as tM hein. Ip~l npra~ntatives, wa~ss«s and aui~ns (eitMr volunary by ad of the
p+rtia or involvntay by operation of ths !aw) of the ~am~ and that th~ cov~nn hu~in oontairNd sh~ll bind r?d tM b~efits and adv+nt~s inun
to tM r~spsctiw h~irs. Ipal represent~t~va, wocessors and ass~ro of ttw putia MrNo.
Md said Morty+yo?s, fa tMmselves and their ?~eirs. ley~l npn~entatives. suoastors and auiQm, her~by jointly and stwratly oavNwrtt ud sprN
~o ud with tha s+id AAORTG/1GEf, in waeswn and astipro:
1. To P.y •11 .nd wgu~ar r!k p~~+aPa~ ,nd ~nt.resr .~d ~h. var~an sod wndry wms of moe.y Pay.b~. by v~rw of s.d ~ro~?~swry „o~., u~d thb
mor+y.p., esch .nd ~rr, wompty on th. d.n re~pediwlv tM wn. s.v..dly ~»cao. dw.
2. To p~r ~11 and wgvlar t!K t~x~s, auesuneon, Iwies, liabilities, oblip~tions and encumbrsnus of wery n~tur~ aed ic&id now an ~sid daaibd
P~~~Y, a Mwt IwnaN~r rn~y b~ impotsd, suffer~d, pl+tsd. Iwisd. a~skswd tMnoq, a thn h~r~aher mar M I~vi~d a u~swd xpon tNs Mat¢
w th~ ind~btedn~a iecw~d I~eby, each and wery, whan dw ~rd p~yabl~. +ooordinp to law. Mfon they b~com~ d~liqwnt, and befon ~ny i~a~
erracF~es w ~~r pe+ulty a inw~red; ANO INSOFAR AS ANY 1HEREOf IS OF RKORD THE SAAAE 51fALt 8E PRpI11priY SATiSFIED AND DISCNARGEp OF
RKORD AND THE ORIGINAI OFFICIAL DOCUNIENT (SUCH AS, FOR INSTANCE, THE 1AX RKEIPT OR iHE SATISFACTION PAPEtt OFFICIAItY ENOORSEO
OR CERTIFIED) SHALL SE PIACED IN THE HANOS OF SAID JMORTCsAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; u~d in tM ~wnf fh~t ~ny fhereof is no1
paid, ut:sfied and discharyad saEd MORiGAGEE may at any timt p~y fht tame a any part tF~erwi withoW waivirg or ~ifectinp a~y option. lien. puity or
cipht under or by virtue of this mort9aye a~d the full amwm of each and svery wch paym~nt shall be irnnediattly d~ and psyabk snd tMll b~ai int~rest
~.om the dat~ thereof ~ntil paid at rate of nine per centwn p~r arwwm ~nd toyether w~th such ioterest shal0l R ~scwad by th~ lien of th:s morptaQe.
60~I(~V~ PACt2~~JQ
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