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HomeMy WebLinkAbout2695 z~~.~sz TH15 lNDEN1URE. AAsde ~he ~'-zt dsy of r]~v r A.D. 19~_„ b~tween _ Vincent R McL.vnden and Willie McLyrule ~ hi+ ~[ife~ ~ of Sait?t l.ucie County Fiorida, hereinafter deip nat'sd ~ th~ "NIQRTGAGOR," and fIRSi fEDERAI SAYINGS AND LOAN ASSOCIATION OF f~RT P(ERCf, a cwpwation wganized artd ex+s~ing under 1M laws of ths ilniled Statp ~of Americ~ and Mvinp iri principal pl~ce of business i~ the City of Fwt Piac~, Sf, lucie County, Florid~, he~einaf~e~ desiqn~ted as the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted ro Ihe MORTGAGEE i~ the sum of = 4~ r , good and lawful money ot the Un~ted Sfates advanced by the MORiGAGEE unto the MORTGAGOR, as evide~ced by a ca~tain promiuwy note of even date hsrewith, of wh~ch ths followi~y in words and figures is a lr~s topy, towiC ~ ~ d~ ~?n~~ No_ 1~~19QQa fort Pierce. Fb?ida. Nove~er 1 191~. ~ For value received, 1, we a either of us, rom~se to ~ p pay, without defalcation, to the order of FIRST fEDERAI SAVINGS AtJD IOAN ASSOCIATION OF i ~ORT PIERCE at Fort Pierce, Florida, ~he sum of s 4;5~.~ w~th interest trom date at the rate of 7•5% pe? annum, in monthly install- ~nents as fo~!ows: s 91•~ on fhe l~t•tlay of Rebruary ~ ~973 and s like sum on the co?respond~ny day of each month the~e- af~er until the whole be fully paid. Each installment first shall be applied in payment of the interest a~d then on the unpaid 6alsnce of the princ~psl ~um If d sulf is rnade in the F;ayment of any installmenl when due, and such drfautl continues 30 dsys, then at the option of .the hofder, and without any ather notite, all the remaining ~:~s>allments shail be due and payabtr at once. Privilege is given ~o prepay this ~ote in whole or in psn at any fime without penslty. Neithe~ forebearance, ; nor acceptance by tix holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of ~~55 , ~hall be i added to each installment remaining unp~id 7 days after its due date, sod a ii~e sum soaii i~e u~uru ~v eac~ •-~^~~^~M 7 davs after ~ - • each sucteediny paymcM date. Each maker, surety and endorser hereof, jointly and severally, waives demand, {xexntment protest and notice of protest fw nonpaymenf, and futther agrees to any extension of t~me of payment, either betore a after maturity, without notice to any of vs; and to pay all costs of collection, indudinQ s rrasonable attorneys fee in the event of any default hereunder, and hereby severally waives all benefit of homestead snd exemp~ion under 1he tonstitution a~~d laws of each Srate of the United Sts~~s, as aga~nst this ob!igation or ~~y exte~sion o~ renewal hereof. Witness the hand and seal of each party. ' . s/ Viacent R _ McL~nd~+n (SEAU - (SEAt) ~ sL Willie G. ~Lmden ~q ' S S` 6 _TS ~ State Revcnue (Sfiarss~aiedl~ oear181od satld • NOW, THEREfORf, the MOR7GAGOR for the purpose of secvrenq psymem of ssid sum of S and the petfotmarxe of ths { co-renants snd agreements hereinafter expressed, and fo~ divers good ar+d valuable considerations, by t ese presenti, does grant, b+r9ain, sell, remise, f .elease, convey and co~firm unto the MORTGAGEE, its succeuors and auigns, all that cer/ain lof, piece w parcel of land, situate, lying, and being in the County of S= . I'UC ie and State of Florida, deuribed as follows: " Lots 11 and 1~1?, . Block 14, INDIAN RIVBR BSTATBS SUBDIVISION, UNI? no. 3, as peY plat thereof on f ile in P1at Book IO, at page 47, o! the ~ Public Records of St. Lucie County, Florida ~ € . i ~ . . RE'~ry}~ ~ w ~ ON Ct/l;. IN PA1'IM~ OF T s r. , ~~;~:etec a~,,, STATE QF FLC) R I D A ~ MJRSZWVi TO CF1AprE~ 71•13aP~~ ; " DOCUMENTARY~~ S TA M P 1 A>+ ACTS OF 1gJL z °c-~ ° DEPt, oi REVENUE 't' •a-~ ~'E4 PpIT 1 ~ 1 ~~ac cr w~s 2~' = 0 8. 7 5 1 RCtIlt COt1RF. S r. u, E < = ~uv ~ ~ ~ o - P.0. ' + o = t!!02 ' ~ ~ r elher w~th all and si ular the tenemeM~, F?ereditsments +nd s : og ng Ppurur?ces the~eunto belonging or in ~nywiie appeNaioiny thereto. ~nd all renb, iswes. ; proceeds and profits scuuing and to aarue from said premises, all of which are includeJ in the abovt ~nd fweyoFny desniption ind h~bendum. f i TO HAVE AND TO HOLD 1he above deuribed snd granted premises unto the aid MORTGAGEE, its successas and assiyns forever. And tht ~ald MORTGAGOR for heirs, executas, adm;nisf?ston and assigns, hereby covenanb with the said MORTGAGEE, its succeuws ~nd assipro, ~ ~ +hat th~x-a=e lawfull uized of the said ~ y premises in fee simple; 1Mt the same are free, ckar and discharged from all liens and ~rKUrtr brances in Iaw a in eq~7ty, and that they M,~~~ i~ thein c~irs shall warrant and defend tl» title to the sarr?~ to ths aid i MORTGAGEE, its successws and assigns, forever ~gainst the Iswful claims ~nd demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the 11tiORTGAGEE the promissory note hereinbefore described ~nd thall t?uly, promptly and fvlty pertorm, discharqe, execute, complete, comply with and abide by each ~nd every the stipulatiau, ayreert~enri, conditio~s ~nd covenants of said promiisory note •nd of this Mortgage, then this Mwtgage and the &tate hereby aeated shall uase and be null and void. IT IS UNDERSTOOp that the ward "Matgsgor" whether in the si~gular w plwal anywhere in this Nlony~y~, shalt be si~gular if on~ only end shall be plural 'pintly and severalfy if mo~e thsn one, snd that the word "their" as uud snywl?are in this Mong~ye shall be t~ken to mean "his;' "h~n," ~ or "its;' wherever the context w implie: or sdmits. Also, fhat wFxrever there is a re(e?ence in the covena~n ~nd apreements herein contained to u~y of the panies hereto, the same shall be construed to mean as weil ai the heirs, leyal ~epresenratives, wccesson and auigns (eitF~er volunbry by ~d of th~ parties o~ involuntsry by operation of the law) of the same and that the covensnts herein conuined shatl bind and the benefib ~nd ~dv~ntayp inur~ ro the respective heia, legst repreuMatives, wccessors and asrgiu of the psrties hereto. And said Mortgagon, fo? themselves and their heirs, legsl representatives, succesw?s a~d aui9ns, hereby jointly and severally covenant ~nd apr~e to snd with tix said MORTGAGEE, its successwi and auigns: 1. To pay all a~d singulsr the principal snd intereif and the various ~nd sundry sums of nw~ey payable by virtve of said promitswy note, ~nd thu ~ mortgsye, esch ~nd every, prompNy on the days respectively the same sewrally becane due. 2. To psy dl ~nd singvl+r the tsxes, astessments, levies, liabi(ities, obliy~fions aed encumlxantts oF every nature +nd kind now on s~id dtxribed property, p that hereafter may be imposed, suffered, placed, levied, o~ sutssed thereon, ot tMt hereafter m~y b~ I~vied d ~sseased vpon iF?is Mort~- age, a the iixlebtedness secured hereby. exh ard evcry, when due ~nd paysble, sccwdirg to Iaw, befwe they become delinqvent, ~nd befor~ ~ny intaest a~raches or any pena(ty is intvrred; AND INSOfAR AS ANY THERf.OF IS Of RKORO TME SAME SHAIL dE PROMPTLY SATISFIED AND OISCHARGED OF RE~ORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, fOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENDORSED OR CERTIfIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WtiHIN TEN OAYS NEXT AFTfR PAYMENT; and in fhe event tFut any thereof is not pa~d, sat sf+ed and d7schsrged sa:d MORTGAGEE may ar any time pay the ssme w any pu1 thereof witF~ut waiving w affectinp •ny opYan, lien, eqvity or •~qht unde~ o? by virtue of this mortgage and the full amount of esch and every such payment shsll be immediately due and p~yabk ar?d sha(1 bear interest ~•om the date thereof until paid sf rate o( n~ne per centum pe! ~nnum and toqethe~ w;1h such interes~ shsll be secured by the litn of th:s motytaqe. go~~zo7 ~a~.zs~ ~ ~ , . ~ -V ~ ~~.y.~