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Home My WebLink About2748 ~ v yi THIS 1NDENTURE. Made the Sth day of ~Q~ber A.D. 19 72 between Thamas McMillon ancl Shirley McMillon, His Mife of $t . Lucie ~punty Fiorida, hereinafter des~gnared as the "MORTGAGOR," and FtRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE, a corporat~on wganized and ex~st~ng unde~ the'laws o~ Ihe Un~ted Stat~s of America snd havinp its prirxipal place of business ie the Ciry of fort Pimce, St. lucie County, Fiwida, hereinafter des~9nated as ths "MORiGAGEE." WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the s~m of S 5~~~•~~ 9ood and lawful money o( the Un~ted S+ares arJvanced by the /dORTGAGEE unto the MORTGAGOR, as evidanced by a cer~a~n promisswy noie of eveo date herew~th, of wh~ch the tollowing in words and figures is a true copy, to-wit: s 5, 800.00 ko 10019146 fort Picrte, flwida, ~ceasber S~ ~q72 fw value receivrd, I, we or either of us, prom;sa to pay, w+~hout defalcat~on, to the order of fIRST FEDERAI SAVlNGS AND LOAN ASSOCIATION OF iORT PIERCE at forf Piercr, Florida, the sum of S--SLB~•~~ w~Th in!erest from date at the rate of7!7COO per annum, in monthly instal~- •~ems as follows: S- 117•~~ a+ ~he ~~thday of J~nua ry ~q__73 and a like ium on the co~reapond~ng day of each month there- atter until the whole be fulty paid. Each ins~allment ii~st thall be applied in payment of the ir.terest and ehen on the unpa~d balance of the prinupal sum. If de(au~t is made in the ;,,~;nent of any installme~~t when due, and such defautt con~in~es 30 days, then at the opt~on of the holder, and without any othe~ not~ce, all the remaining ~nstallments shall be d~e artd payab;e at once. Priviiege is given to prepay this note in whole or in part at any fime without penalty. Neither forebea~ance, nor acceptance by the holder thereof after any default in any payments hereon, shalf be deemed extens~on. A late payment charge of ss•85 shall be ~dded to each ins~allment remaining unpa~d 7 days after its due date, and a li:e su~n shall be addrd to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorse~ hereof, joi~tly and severally, waives dernan~, ptesentment protest and rtotice of protest for nonpayment, and funher aa~ees to any extension of tir~~e of payment, either before o~ after ma~ur~ty, without not~ce to any of us; and to pay a~l costs of collection, inctud;ng a r~~son~ble attorney's fee ~n ihe event of any default hereundr~, and hereby severally wa~ves all benefit of homestead a~d exemption under the constitution s~~d !aws of each State ef the Unite~ States, as against this obligation or any extens~on or ~eRewal hereof. Witness the hand and seal of each par~y. (SEAI) _ S Thoma s Mc Mi 1 lon ($EAL) (SEAI) S/ Shirley McMillon •7O ) State Revenue 15MTp!-Cl11CQ~~ld' O~r O~R)IIT~'T101L~ NO~N. THEREFORE, the MORTGAGOR for the purpose of securirg payment of said sum of S 5•BO~•~~ and the performance of the covenants and agreements hereinafter expressed, and for divers good and vatuabte considerations, by theu presents, does g~ant, bargain, sell, remise, release, tonvey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or pa~cel of land, situate, lying, and being in the :ounty of $t. Lueie and State of flor~ds, deiuibed as follows: Lot 1, Block 1, SOU?1-~RN PINES, as per plat thereof on file in Plat Book 9, page 68, public records of St. Luci~ Couty, Florida, ? - ! ' oF FL.ORID!-~. ~ ~ ~I, 0 ST~ ~„?,~Y~=~.S~ M~'` 1 ` DEPT~ r1UE 1- T O I E ~c ~ - _ _C 12'12 ' . ~ 8. ~c~ o ~ " . { RECEIVEQ ~ I~ [l/ ~ IN PAYMENT OF TA~(ES ~ DUE ON CUISS'C INTANGIBLE PE~iSONAL PROQERTY~ ~ PURSUANT TO CFiAPTER 71-134, ACTS OF 19)1. ~ ROGER POITRAS ~r~ ~ CL.ERK CIRqIIT CUURT, S!. LUCIE C0, FUl ~ rogether with all and singular the tenemcnt~, hered~taments and appurtances thereunto beiorxJing w in ~nywise sppertai~ing thereto, and all rent~, issues, oroceeds and prof~ts accruing and to accrue from said premises, all of which are included in the above and foregoing desviption and habendum. TO HAVE AND TO FfOID the sbove described and granted premises vnto the sa+d MORTGAGEE, its successors and assigns forever. And ths said MORTGAGOR for -the11------ heirs, executocs, adm~nistrators and assigns, hereby covenants with the said MORTGAGEE, its successors and assiyro, the- a re rhar - lawfully se~zed of the said prem~ses in fee simple; that the same are free, clear and diuhsrged from aI) liens and encum~ ~ orances in law or in equity, and that they will and their heirs shsll warrant and defend the tiile to the same to the said ~ MORTGAGEE, its successors and auyns, forever against the lawful claims and demands of all persons; ~ PROVI~ED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and shal~ truly, promptly ~ and fully perform, d~scharge, execute, compkte, comply with and abfde by each and every the stipulations, sgreemeMS, conditions and covenants of s+id prom~ssory note and of this Mortgage, then this Mortgage and the E~tate hereby ueated shall cease and be null and void. ~ IT IS UNDERSTOO~ that the word "Mortgsga" whether in the singular or plural snywhe?e in this Mortgsge, shall be sirgul~r if one only and ~hall be plural jointly and severaily if more than one, snd that the wwd "their" ss used anywhere in this Mwtgage shall be taken to mean "his;' "hen;' or "its;' wherever the context so implies w admits. Also, that wherever there is a reference in tFu covenants and syreements herein contained to sny of ~ the parties hercto, the same shall be construed to mean as well as the heirs, legal rep~exntatives, successon and sssi9~s (either voluMary by sd of the ~ partid or involuntsry by operatan of the law) of the same and that the covenants herein contained shall bind and !he benefits qnd adwntsyes inun ~ ~o tFx respective heirs, (egal represeNatives, successors and ass~gns of the psrties hereto. ~ And said Mortgagors, (o? themselves and tFxir l+eirs, legal representatives, successors and assigns, hereby joimJy and severally covenant and agree ~ +o and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular tFK principal and interest and tAe vario~s and sundry sums of money payable by virtue of said promissory note, and this ~ mortgage, each snd every, promptly o~ the days respedively Ihe same severally become due. 2. To pay all snd singvlar the taxes, asseasments, levies, liabilities, obl~gations and encumbrsnces of every nature end kind now on ssid described property, or that hereafter r»ay be imposed, suffered, plated, levied, or assessed thereon, a that hereafter may be levied m usessed vpon this Mort¢ ~ age, w the indebtedness secured hereby, each and every, when due ~nd payable, xcordiny to Isw, befae they become delinquent, and before ~ny inte~est arraches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAII BE PROMPTIY SATISFIEO AND OISGHARGED OF ~ RECORD AND THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAILY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any thereof is ~ot ~ oa~d, sat'sfied and discharged sa'd MOR~GAGEE may at any time pay the same or any part thereof without waiving or atfecting sny option, lie~, equify w ~ •~qht under w by virtue of this mo~~gage and the full amount of each and every svch payment shall be immediately due and payabk and shsll bear interest ~ from the date thereol until paid ar rate of mi~ per c~ntum per annum and together w~t s h shall be secured by the lien of th:s rtwtgta~e. ~ b~~ F~,~F2747 - ~ ~ ~x~~. s~ ~ ~ r ~ > ~~~-~4~~~`~~~~~~~~~~.