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Home My WebLink About0084 ~v~.~sil\/V THI~ INDENTURE, Made the 7~h day.or Elugust , A.D. 19 72 berween Dahlie M. McManusi a single adult, and _ Michael W..Regan, a single adult ~ of St. Lueie Cpunty Florids, he~einafter dcsg~ated a~ the "MORTGAGOR," and fIRST FEUERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporat:on wganized and ex~s~~ng unde~ th~ laws o( 1he U~~~ed $~atos of America and having its principal place of bus~ness (n ths City of Fort P;erce, St. Lucie County, florida, heieina(ter des;gnatcd as the "MORiGAGEE:' WHEREAS ths MORTGAGOR es justly indebted to Ihe MORTGAGEE in the sum of S '4 f S~ • good and lawful money of the Un;ted States ad+anced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certam promiisory note of even date herewith, of wh;th the following in words and figures is a true copy, to-wit: = 4, 500.00 No 3-18,648 Fwt Pierce, Flwida, AU9lISt 7~ ~y 72 Fw value received, 1, we w either of us, prom~se to pay, withoul defatcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATtON OF FORT PIEP.GE at Fwt Pierce, fbrida, the sum oi 5-,-_4 _ wilh interest from date at ~he rate of? •75DO pe? annum, in moNhly install- ments as fol!ows: S 43•~ on the 15t day of ~tober ~9 72 and a:tke sum o~ the correspond~ng day oi each month tl+ere- after uNi! the whole br fully paid. Each instaflment first shall be appli~•d in payment of the inttrest and then on the unpaid bala~ce of the princ;pal sum. If d ault is made in ihe payment of aoy installment when due, and such drfault continues 30 days, the~ at the op~~on of the hoider, and w~thout any other not~ce, all the remaini~g ~nsrallments sha11 be d~e and payable at once. Pcivifege is given to prepay this nole in whole or i~ part af any fime without penalty. Neithe~ iorebearance, nor accepfance by tF~e hoider thereoi after any defauft in any payments hereon, shal! be deemc~ extension. A late payment tharge of s? • 1 S , shall be ~dded to each ins~aliment ~emaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each sutceeding payment date. Each make?, surety and endorser hereof, jointty and severalty, wa~ves demand, p~esentmenr protest and notice of protest iw noopaymeM, and further egreea to any extension of tin:e of payment, eithzr before or after maturity, without not~ce to any of us: and ro pay all costs of collection, indud:ng a ' rrasonable atrorney's fee in the event oF any default hereunde~, and hereby severally waives atI benefii oi homestFad and exempl~on under the constitulion ~nd laws of each Srate of the Un;ted States, as aga~nsl this obligation o~ any extension or renewai hereof. Witness the hand and seal of each party. _ S/Dahlie M. McManus (SFAL) a sinqle adult (SEAL) (SfAI) 56.75 _ S/Michael W. Regan T Srate Revenve a single adult S~9L7iA[ NO'JV, THEREFORE, the MORTGAGOR tor the purpose of securing payment of said sum of S 4~ 500. ~ and the performence of the covenants and agreements hereinafter expreszed, and for dive~~ good and valuabie considerations, by these presents, does g~ant, bargain, selt, rem;se, release, convey and contirm unto the MORTGAGEE, its iuccessors and ass~gns, all thal certain lot, piece or partel of land, situate, lying, and being in the County of St . Luc ie ~ and State of Florida, deacribed as follows: That part of the South 395 feet of the ° North 890 feet o# Lot 2 of J. I. KELLEDi'S StBDIVISION, as pez plat thereof on file in Plat Book 3, page 85, of the public records ~ of St. Lucie County, Rlorida, described as follows: - Beginning at the Southeast corner of above tract; . thence West 240 feet to the point of beginning; Thence West 60 feet; thence North 272.S feet; thence East 60 feet; thence South 172.5 feet to ~ ~ the point of beginning.~~ ~ ~ / / ~ . . . , t~~ `^r - : - < ` ~y: ' - Wy, S)~iCt~ rLURIU~? ~ c~ ~ E~OC~1~~1iEi~~TA~'_`' :~;.~`•!P T_ 'C ~ ~ _ - - _ - - ~'J; = ~ ~ = GUG -8'72 o; ~ _ L~:;', s~! ~ ~ ° = ~ 675~ ~ V a~:r.c~ e~:[rt~~~:~~ - pB.i9o>>i - - ti rogether w~th all and singutar the tenemenrs, Aereditaments and appunances )hereunto be{onging w iinywise appertaining thereto, and all ~ents, issves, ' proceeds snd profits accruing and to accrue from said premius, all of which are included in the above a~d fwegoing deuription and habendum. TO HAVE AND TO HOLD the above describcd and granted premises unto the said MORIGAGEE, its successors and assgns fwever. And the taid MORTGAGOR for --~h~lr heirs, executors, administrators and assgns, hereby covensnts witF~ tF~e said MORTGAGEE, iq sutcessors and as~igm, rhat - th~~-~-r~-- lawfully se~zed of the said prem:ses in fee simple; that the same sre free, ciesr and d+scharged from ~ll liens and enturt?~ brances in law or in equity, and that they M,~~t and their heirs shal! wai~ant and d fend the title to the sams to the said 1V10RTGAGEE, its successors and assigns, fo~ever against the lawfut claims ar.d demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR ahall psy umo the MORTGAGEE the promissory te e~n fore desvibed and shsll truly, promptly and fully perform, dluharge, execute, complete, comply wi~h and ab~de by each and every the sti ~on agreements, conditions and covensnts of said prom~sswy ~ote and of th;s Morrgage, the~ th~s Mortgage and the Estate hereby created shall cesse an null and void. IT !S UNDERSTOOO that the word "Mortgaga" whether in the singulat w plural anywhere in this Mortgage, shall be sirx,~ular if one o~ly and shati be plural jointly and severally if more than one, and that the word "their" as used anywhere in this Mwtgage shatl be takcn to mean "his;' "hers," or "its," wherever the context so implies or adm~ts. Alw, thst wherever there is a reference in the covenants and sgreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors snd as~igns (either volunury by act of the part7es or involu~tary by operat'an of the law) of the same and that the covenants herein confa+ned shall bind snd the benefits and advantsges inure ro the respective heiss, legal representatives, successors and ass~gns of the part~es hereto. And said Mwtgsgors, fo? themxtves and their heirs, legal representatives, succesfws and assgns, hereby jointly and sevcrally covenant a~d ~gree ro snd with t(x said MORTGAGtE, its successors and assigns: 1. To pay all and singular tfu principat and interest and the various and sundry sums of money payab?e by virtue of said promissory note, and this• mortgage, esch and every, promptly on the days rcspect~vety the same severally bccome due. 2. To pay all and s~ngvlar the taxes, astessments, levles, liabiiities, obligations and encumbr~~ces of every na~ure and 4ind now o~ said described property, or thst heresfte~ msy be imposed, suffered, placed, levied, or assesstd flxreon, w that heresher may be tevied p asxssed vpon this Mort9- ' age, w the ir~debtedr~ess setured F~ereby, eath and every, when due and payable, accading to Isw, before they becorne delinquent, snd before •ny intereil attaches w any penalty is i~curred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAtI BE PROMPTLY SAT(SFIED ANO OISCHARGED OF RECORD ANO THE ORIGItiAt OfFICiAI DOCUMENi (SUC?1 A5, FOR INSTANCE, 7HE TAX RECEIPT OR THE SAT{SFACTION PAPER OFFICIAILY ENOORSED OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TE'V DAY$ NEXT Af1ER PAYMENi; and in the event that any thereof i: not pa:d. sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affectinq any opr;on, lien, equity or •~qht vnder a by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable a~d shall bear interest ~~om the date thereof u~til paid at rate of n~ne per centvm per annum ar+d to~rl~r. h interest sh~secured by the lie~ of th's mwgtage. ~BDQK~~V+) `YAftf : - - - , - - - ~ - ~ ~ ~ rt } _ . 4