HomeMy WebLinkAbout1730 2~U5~~
THIS INOENTURE. Mad~ tl+e 24 day of, ~tober A.O. 191~, befw~en
• Jce T. McGee and Dix e B. McGee, his wife
of $t. 1'uCle Co~nty florida, Mreinafter desig~+ted ss the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION OF fCRT PiERCE, • corporation organized and exis?iny under the laws oi ths Unit~d Statts of America snd Mvirp iri principal plac~ of
business in tM City of Fort Pieres, St. lucie County. Flo~ida, hereinafter desipnat~d ai the "MORTGAGEE:'
WHEREAS the MORTGAGOR is juitly ir?debted to the MORTGAGEE in the sum of : 9 s~~~~~ , good and Iawful money of the Un~ted
S~atet edvanced by the MORTGAGEE unto the MORTGAGOR, as evide~ced by s tertain promiuwy note of even date herewith, of which the followiny in
words and figures ii a lrw copy, to-wit:
S •
9•~ ~ Fwt Pierc~, Flaida, ~tober 24, ~ 19 2
fa va~ve received, 1, we or eithe~ of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION Of
FORT PIERCE at Fort Pierce, Florida, the sum of S 9~~0 with intere~t from date at the rste of pe? +nnwn. in i*wnihly install-
~nents as fol;ows: t 1O9 on the iSt day of ~~~ber , ~q 72 snd a like sum on the conespond~ny day of each month the~e-
after ~ntil the whole be fully paid.
Each installment first shall be applied in payment of the interest and then on the unpaid ba~ance of the principal sum. 1( d ault is made in 1ha
~~a~ment of any insta~lment when due, and such default continues 3~ ~ays, then af the option of the holder, snd without any other notice,,.,~ll the remaining
~r,staltments shall be due and payable at once. Privilege is givtn to prepsy this noia whole w:n gart ai a.^.y time without penaNy. Neither fwebearance,
no. accepfance by tFx holder thereof after any default in any paymenti hereon, shall be deemed extension. A late payment chsrge of shall be
addrd to each insfallment remaining unpaid 7 days after iti due date, snd s like sum shal~ be added to each such in:tallment remaining ~npaid 7 dsys after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentmem protest and notice of protest fw ~onpaymenf, and furthe~
agrees to any eztension of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of coUection, including e
reasonable attaney's fee in the event of any detault hereunder, snd hereby severally wsives all benefit of home:tead and exemption u~der the constitution
.~~,d laws of each S+ate of ~he United States, as against this ob~igation or any extens~on or renewa) hereof. .
Witness the hand and seal of each party.
s/ Joe T. McGee ($EAl)
(SEAU
s, D1X1@ B . MCG@@ (SEAI)
(SEAL)
c_~~ 13.50 ) State Revenve
t~rampf csexelkd wr oAgfnal ~+o~e)
NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of ~aid tum of = 9~~0•O0 , ~nd the pe~formance of ths
covenants and agreement~ herei~after expressed, and for d~vers good and valu+ble con~ide~atans, by tMs~ presenb, does 9rant, baryain, sell, rem~se,
retrase, convey and confirm unto the MORTGAGEE, its succeswr• ~nd sui~ns, all that certain lot, piep or parcel of I~~d, situate, lyir~, and beirg in the
Counry of St. LZlC1@ - and Stats of Flwida, deurib~d ~s follows:
Lot 10, Block 1, CRAI?~R'S ADDITION, as per plat thereof on file in Plat Book
2, Page 10, of the Public Records of St. Lucie County, Florida ,i
t~a.
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together with all and sinyul+r the tenements, hereditamenri and ~ppuAsncet tt~ereunto belo~ginp p in ~nywise ~ppert+ininp ihereto, ~nd all r~~ts, iuun,
pr«eeds ~nd profits +cuuing and to accrue from tsid premises, all of which are i~cluded in th~ abpv~ ~nd fwpoirg deuriptan and habendum.
TO HAVE AND TO HOtD the above described and yr~med prcmim unto the ~aid MORTGAGEE, in succ~swn and ~uiyns forfvsr. And ttr s~td
~ MORTGAGOR for ~hP1r he~n, ~xecutw~, administrators and assiyns, hertby covenant~ with tl+~ said MORTGAGEE, in sucussan •r~d ~uiym,
the are
rhat Iawfully uized of tF~e said premise~ in fee simple; tMt tM sam~ a~~ fr~, ct~ar ~nd disclwrped from ~11 liens ~nd encum~
~ brances in I~w or in equity, snd that theY w~ll and thel= hsin ~h~ll warrant ~nd d~fend tht titl~ to tF» sareN to tFw said
~ MORTGAGEE, iti successws and auigns, fwever againit iM lawful cl~ims ~nd dem~nds of dl p~rsonss
.~~.~t PROVIDED, AIWAYS tMt if the MORTGAGOR shsll pay unto the MORTGAGEE the promisw?y noM hereinbefor~ destribed and shall truly, promptly
- and fully perform, dixharge, exetute, complete, comply wi?h ~nd ~bide by exh snd ~vtry tM stip~rl~tio~s, a~reemenri, caxlitiau +nd cov~nsnq of uid
~ promissory rwte aod of this Mortyaye, t}~en thi~ Mortyage and the Estate h~rtby ueated shall uas~ and b~ null ~nd void•
~ IT IS UNDERSTOOD iMt the wwd "Morty~ya" whether in the sirgular a plur~) anywMr~ io this Mortyaq~, ahall bt sinyular if ww only ~nd
shall b~ plurd join~ly ~nd tev~ratly if more than one, snd that the word "their" ~t used snywf?er~ in tha Mortpape ahall be taktn to me~n "his; •••hen:•
~ or °it~ " wherever the context so impliei w admits. Alw, that wi?~rever there ii ~ ttf~~enu in tM covtn~ots and apnem~nt~ Iwrein conuined to ~ny of
~ rhe parties hercto, the sam~ shsll be cautrued to meen at well tF?e h~in, Ipal r~pr~stntdivp, wccsssots and ~uiyrn (~ither volumary by ~ct of th~
~ pa.ties a invduntary by ope~atwn of the I~w) of the s~m~ snd that the coven+n» h~r~in cont~ined aMll bind and d,. ba,ef~n and adv.nrap.s inun
~ ro the respective Fx~rs, leyal represe~tatives, tucceison ~nd au~yns of tM parti~s Frreto.
~ And ssid Matyayori, fo. tF?emselves snd their heirs, leyd npreuntatives, sucuuws and auipru, Mnby jantly and s~ver~lly covenant •nd ayr~e
to and with the uid MORTGAGEE, its successors and ~~signs:
~ 1. To pay all +nd siryular the printip+l ~nd iMerest and the wrian ~nd wndry svms of ~wn~y pay~b~~ by vinw of iaid promissory note, ~nd this
; mortgage, e~cl~ ~nd wery, Franptly on the days respectively the umt ~wrally becort» dw.
2. To pay all and ~inyuln the taxes, assesunenri, levies, liabilitie~. obliyatio~t and ~nc~mbr~ncta of w~ry n~tw~ and kind naw on uid described
- property, w tMt hereaftN may be impoted, sufiered, pl~ced, levied, or auessad ther~on, a that Mr~afttr may b~ levi~d a uiesred ~pon this Mort¢
age, a ths indebtedness ucured hereby, each and every, when due ~nd payable, accordinp to I~w, befa~ tMy becom~ d~linquent, ~nd befw~ any intsreit
attaches a any penalty is intuned; AND INSOFAR AS ANY TNEREOf IS OF RKORD THE SAME SHALL SE PRON1PilY SATISfIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TF1E SATISFACTION PAPER OFFICIAILY ENDORSED
OR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGACsEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any tlxreof is not
pa~d, sat'tfied a~d dixharged sa:d MORTGAGEE may at any time p~y the s~me or +ny p~A thereof withouf wsiviny a affectinp any option, lien, eq~ity a
•~qht u~der w by virtue of this mortgsge and the full smo~nt of e+ch and every such payment thall be immediately dv~ a~d payable and ihall btar i~tere~~
- ~.om the date the~eof until psid at rete of nine per ce~tum per ~n~um and toflether with •uth interest ~hall be s~cured by the lien of th:s mw9tsyt.
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``~R 2U7 F;,~E17?9
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