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THIS INRENTURE, Mad~ the llth d~y of - `~y~ ~ A.D. 19_?~ betw~en
Chester F. Macy and Lelia B. Macy, his wife
; . .
~
of $t. LUClp Co~nry Fbrida, hereinafttr dcsgnated aa 1hs "MORTGAGOR," ~nd FIRST fEDERAI SAVINGS AND LOAN
ASSOCIA?ION Of fORT PIERCE, ~ corpwation orpanizcd and exis~ing ur+der tM laws of ~M United Su~oi of Amaic~ and havinp its pri~cipal pl~c~ of
busin~ss In tF» City of fort Pierc~, St. luci~ Couoty, florida. F?e~einah~r desiynated si tM "AAORiGAGEf."
~ ~ WHEREAS tM MORT(iAGOR is j~stly indebt~d to the MORTGAGEE in the sum of s 24 ~,OOO. 0~ y 9~ and lawiul money of the Un~ted 1
~ S~ates advarxed by ~he MORiGAGEE unio the MORTGAGOR, as evidenced by a cer~a~n promissory no~e of even date he~ewith, of which ths followi~p in ~
wadt and figures is + trw copy, lo-wit:
24 000.00 ~
~ s ~ ~ 4-18~560 i
Fo.? PH.c.. F?orid+. Julv 11 ~ ~s 72 ;
Fw valve received, 1, we or either of us, ~aom~se to pay, withwt defalcation, to ~he orde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOCtAiION OF
~ 24 00.00
- FORi PlEACE at Fat Piace, Fb?ida, the sum of s `Q w;th interest irom date at the rate of _~.~4f per ~~rw~vrq, in rtwnthly in~talb
\ ments as fotlows: S 17~•0O on the 1St dsy of Sgptember, ~9 72 and a tike ium on the corr ~ da of eM1f rtqNF~ 1F1l~N ~
~d~~9 Y
' af~er until the whole be iul!Y Paid. ~
` Each installment first shafl be applied in payment ef the interesf and then on the nnpaid bals~e of the p~inc~pal wm. If d autt is msde in the ?
payment of any installment when due, a~d such default continues 30 days, then at the optia? of the holder, and without any other notice, all the remai~i~g
~ ~nifallments shall be due and payable at orxe. Privitege is given to prepay this note in whole w in part a1 any time without pen+lty. Neither fortbearance, ;
nw acceptance by the hotde~ thereof after any defauM in any payments hereon, shall be decmed extension. A tare payment charge of 9O , ah~U bs ~
` added to each insiallment ?emaining uopaid 7 days afte~ in due date, and a like sum shall be ae~ded to each such instaltment remaininy unpaid 7 days aher ;
each succeeding payme~t date. i
~ Each maker, surety a~d e~dorse~ hcreof, jointly and severally, warves demand, presentment otest and notice of otest for non
~ a rees to an eztension of time of ~ P? PaYn+e~f, ~nd further
9 Y payrnent, eithcr befo~e w after maturity, without not~ce to any of us; and to pay all costs of collectan, includinp ~
.easonable attwney's fee in the event of a~y default hereunder, and hercby seve~ally waivcs all be~efit of homestead and exemption under the ca+stitution
and laws of each State of the United States, as against this obtiga~ion w~ny eztension or renewal hc~eof, .
Witness the hand and seat of each party.
s/ Chester F. Macy ~AU
~ cs~?u
~ s/ Lelia B. Macy ~
~
~ ~ $3b . 00 ~ Stste Revenue «U
(SFsmps=cance'"F~oRa~g~++a"1~)
NOW, THEREfORE, the MORTGAGOR for the r 24 0~.
pu pose of secvring payment of said sum of s ~ , and the performance of tM
covenants and agreements hereinafter expressed, ~nd fw divers good and valuabte considrrations, by these presenrs, does grant, bar~ain, sell, remise,
releafe, convey and confirm unto tl~e MORTGAGEE, its succeuors ~nd auigns, all that cenain lot, piece or pucel of land, situate, lyin9, and beiop in the
County of St . L11C16 and Srate of Fiorid+, dexribed ~s fdbws:
The North 75 feet of the South 255 feet of the East ~ of the NE4 of the
tVH''4 of the SB4 of Section 3, Township 36 South, Range 40 East -
Being part of
Lot 34 of t~1HITE CITY SUBDIVISION, as per plat thereof on file in
Plat Book 1, page 23, af the Public Records of St. Lucie County, Florida,
- 2
STAT E~F F L O~2 f[~ ~k
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~ ~ = ,x~.2su = r~cevm - P~~, o~ ~ ~
~ V = OUE ON CUISS 'C lNTAlfGlalE PEBSONltt
N DEPT.a~ ' r{IRSIWIT TO CfIAPtFN ~1-I34. ACTS OF 191I. ~~J,
Pg. IqGER POITRAS ~ /
CtfRK GRCUIi COUR~. ST. 1UCIE 00, i1A.
together with sU snd sinpvlar the tenanenb, hereditameMS and ~pptrrtances tl~eunto belonginy or in ~~ywiie appertaini+g thstNo, a~d ~Il ren», 1uws,
proceedi and profia accruing and to accrue from said premises, all of w1iKh ue included in tiK above ~nd forsyarg d~acription and hsbentlum.
TO HAVE AND TO FiOt~ the above desuibed and 9rae+ted premises unto t!w ~aid MORTGAGEE, iri suttesson snd atsgro forevar. Md th~ s~id
MORTGAGOR for their executws, administnton and •uigro, hereby covenann with the s~id MORTGAGEE, in s~rcc~sson ~nd ~aipns,
fhat t--~ a=e Iswfully seiud of the sa~d prem~ses in fee sunple; thit tFw ~me ue frM, ckar ~nd disch~r9sd f~om ~II lient and ~wm
brsnces in I~w w in equity, ~nd thst they W~~~ their heirs sh+ll wur~nt ~nd dtfend /M titl~ to tM ~am~ to Nw NW
MORTGAGEE, iti succestors ~nd ~uigns, fo~evrr again~t the lawful claims ~nd demsnt~ of sll psnons;
PROVIDEO, AIWAYS that if the MORTGAGOR shall pay unto the MpRTGAGEE tM promissory note her~inbefor~ destribed and shall truly, promptlr
and fully perfam, d~xharge, execute, compkte, comply w;~h and ~btde by each ~nd every the stipulations, a9reemenn, condi~iau .nd covenu,n of ~a~d
p.om]ssory note and of this Ntortgsye, then this Mwtgage arxl the Esrate hereby aeated shall ce~s~ ~nd be nuil snd vod, ~
tT IS UNDERSTOOD that the word "MwtQagor" whethe~ in the s~ngular w plwal ~nywhere in this Mwtyape, sh~ll b~ sirgular if on~ only and ~
shall be plur~l jointly and sevewlly if mwe than one, and tMt the word "their" as wed ~nywh~rt in ihis Mwtp~ sh~ll be taken to rn~an "hb:' "Fwn;'
or "iti;' whcrever the context w implies or admits. Also, tMt whereve~ the~e is a refere~ce in the coverunb and ag~tements hei~in oont~in~d ro ar?y of
rhr parties hereto, the ~me ihall be construed to mean as well ~s the heirs, kyal representative~, succeuon and assipru (eith~r voluntsry by act of th~
pa?ties or involu~ury by operation of ths Iaw) of the same snd tFut ~he covena~n herei~ cont•ined shall bMd •nd rh. benefin snd .dvanr.~es inw•
ro the respectiw heirs, legal rep~esentativq, wtcesso~s snt! au'gns of the p~rties hereto.
Md wid AAongagors, fw tl?emselves u~d their hein, legal represe~tatives. sucussors and auiyns, hereby jointly and severally cov~n~M ~nd apne
ro and with tha aid M~RTGAGEE, its succesiors and auigro:
1. to pay all and sinpulu the princip~l a~d intereit ~nd the vario~s ~nd w~dry wms of money payable by virtw of ssid prom;ssory not~, a~+d tha
matyaqe, each and every, promptly on fh~ days respectivdy the same sever~lly became dw.
2. To pay dl ~nd sir~ula? the t~xes, asssumenri, levies, liabilities, oblg~tiaa and encwnbances of every n~ture ~nd kind nour on s~id dewib~d
prope?ry, a tha~ F~ereafrK may be ;mposed. wHered, ptaced. levied, w assessed ther~on, a fl~st hereafte~ may be kvied w aseaed ~pon thb Mlort¢ :
aye, a tM indebtedness ucured hereby eacb ~nd ewery: when due and payable, auadinp to law, befor~ they become delinqwnt, and befon My 1nfNN1 '
attathes w any penshy is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SMAII 8E PROMPiIY SATISf1ED AND DISCHARGED Of ~
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEtPT OR THE SATISfACTIOIV PAPFR OFflCIAtIY ENDORSED
OR CFRTIFIED) SHALL BE pLACED IN THE HANDS OF SAIO MORTGAGEE WI?HIN TEN ~AYS NEXT AFTER PAYMFNT; u~d in ths event 1M1 any thereof it not
paid, sst'sfied and discharged sa:d MORiGAGEE may st any time pay the same a~ny parf the~eof witFw~rt waivirg o~ affectirg u~y opt'an, Iie~, equity o?
•pht ~nder or by virtue ol this mortgage and the full amount of eath and every wch payment sF~a1) be irt~medistely due and payabk and shall b~ar infetqt t
~~om the date thereof until paid at rate of nine per centum per annum and toge~her w'~th such interes ihall be secured by the lien of th:s rtwryt~. ~
b ~ 20~ ~i~
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