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Home My WebLink About3746 ^'~`~11'! .f 1HIS INDENTURE. Made the j~t~ day of ~Cemtier A.D. 19 72 between Joe T. McGee and Dixie B. McGee, his wife of St. Lucie Cp~nfy Floaida, hereinaftei des~gnated as the ''MORTGAGOR," and f~RST FEDERAL SAVINGS AND IOAN ASSpCIAT10N OF FORT PIERCE, a corporat~on organi:ed and ez~s~~ng unde~ thr laws of the Un~tcd Su»a of Amuica and having its prinupal place of butiness in the City of Fprt P;eres, St. lucis County, Ftorida, hereinahe~ das~goated as the °MOR1GAGfE." WNEREAS the MORiGAGOR is justly indebted ro tne iti~Jiiiuiavcc ir~ i~~r o: 16!~~•~~ -•••t ..+.+.,..v a4 ~he Un;ted States advanced by the 1dORTGAGEE unto tFK MORfGAGOR, as evidanced by a certa~n prom~sswy note of even data herewith, of vvh~ch the follov`ing in ~ords and figures is a true copy, to-wit: s 16,OOO.nO No 10019186 r~r t~ T,l ~ ~ ~ fwt Pierce, fiaida, Dac~mbQr 13 ~9 72 For valur ~eceived, I, we or either of us, promise to pay, withouf defafcat~on, to the order of fIRST FEDERAL SAVINGS AfvD IOAN ASSOCIATION OF f ORT PIERCE at Fwt P;erce, Florida, the svm of s 16 . ~~0 ~,r;rh' ~nterest from date at the rate of 7• 75 per am~um, in monthly ~nstall- ~•~an~s as iot!ows: j 132.0~ en the 14Lh day of Aprl l. , 19_ and a Gke num on the corresponding day of each month there- afrer until the who:e be (ully paid. Each installment first shall be appl~cd in payment of the interest and then on the unpaid balance of the print~pal sum. If ~l~fauh is madt in the F~a;ment of any i~stallme~t when due, and such dzfault tontinues 30 days, then at the option of the holder, and without any o~t~er no~ice, alt the remaining ~~~srallmenss shail be due and payable at o~ce. Privilege is givrn to prepay this note in whole o~ in part at any time without penalty. Ne~tF.er forebearance, nor atceptance by the holdet thereof after any default in any payments hereon, shati be deemed eztension. A late payment charge of S__ 6•6O shall be sdJed to each instaliment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such in:tallment rema~ning unpaid 7 days after each succeeding paymen~ date. ' • Each maker, surety and endarser hereof, jointly and severatly, wa~ves dzmand. prrsenrment protest and notice of protest for nonpayment, and funhe~ ~ ag.ees to any extension of time of payment, either before or aiter maturity, without not~ce to any of us; and to pay all costs of collection, incud:ng a reasonabla attorney's fee in the e~ent af any defa~lt hereundrr, and hereby SCV~~d~l~/ waivea all benefit of homestiead and exempt~on under the ta+stitution a~~d laws of each S~ate of the ttnited Statas, as against this ob7~gation w any eatens~on or renewal hereof. ~ W~mess fhe hand and :eal o! each party. SI Joe T _ M[`GRP (SEAL) \ (SEAL) 1 (SEAL) ` $ 24.~0 s/ Dixie 8. McGee csEaU ~ ~cnue i6 000 00 NOW, THEREFORE, the MORTGA~OR for fhe purpose of securing paymem of said svm of S • • sod th~ perfnrmance of the covenants and agreements he~einafter expressed, and for divers good and valuable cons~derations, by these prtsents, dces grant, bargain, sel:, rem~se, re:ease, convey and conf~rm unto the MORiGAGEE, its successors and ass~g~s, al{ that ceriain lot, piece or parcel oi land, iituate, lying, and being in the County of St . Lue ie and S~ate of Flor~da, descr~bed ~s tollows: Lots 2 and 3, Block 1, FLORENCE M. HA'I~CHER StBDIVISION, as per plat thereof recorded in Plat Book 2U, Page 7, of the Public Records of St. Lucie Count; , Flor ida ~ Z~,Yi U f~V~"1~ ~F f]~~~• ` ;N E ~J~•~ `Pk~ , ~C,,'E') S 1vt: ~''~~`.34. - ~ 1 V~~~ Vt; ,`1~.,.''~~~~~ f^•-(l `S'O~S~ ~~M ~k ~~~r q.3a~-'~'. ,j ~u'' ~ u~ - w~-^'~''~ ~~L~ s r, STATE n~ FLO R i~l~. + DOCUMENTARY.~'~:=: ~ STh M Y; A>" ~ o= ~ ~ DEPi. Of P.E:EMUE ~=~~=:Z - - ~ ~ = P.B_ - :C2i'72 ` L ~ ~ 0 . ~ ~ =tlt^2` .i ~ f rogeth~r with all and singular the tenements, hereditaments and appurtances thereunto belwginq or in anywise appertaining ihereto, and ell rents, issuea, F~oceeds and profits accruirg a~d to accrue from said premises, all of which are included in tht sbove and foregoing deuription and habendum. TO HAVE AND TO HOID the above described and granted prem~ses unto the said MORTGAGEE, its successors and assigns forever. And the said MORTGAGOR fw -~h~--1-~------ heirs, executws, administrators and assi9ns, hereby covenants with the said MORTGAGEE, iq sutcessors and ~ssiyns, ~hat - the~! ~r~-- lawfuliy se7zed of the said premises in fee simple; that the same are free, clear and discharged from aff liens and encum- b.ances in law w in equity, and thst thev M,;~~ a~ their heirs shsll w~rranf and detend the title to the same to the ~aid !~ORTGAGEE. its successors and as~gns, faever against the lawful claims and demands of all perswu; ` PROVlDED, AlWAYS that if the MORTGAGOR shall pay v~to the MORTGAGEE the promi~sory note hereinbefore dexribed and shsll truly, promptiy a~d fully perform, d~scharge, e:ecute, complete, comply wifh and abide by each and every the stipulations, agreements, coaditions and covenants oi said promi:swy note and of th~s Mortgage, then this Mortqage and the Fstate hereby created shall cease a~d be null and void. IT IS lINDERSTOOD that the wad "Mo?tgsga" whether in the singular or plural anywhere in this Matgage, shall be singular if one only and shall be plural jointly and severally if mwe than one, and that the word "their" as used anywhere in this Matgage shall be taken to mean "his," "hers" or "its," wher~ver the co~text w ~mpties or admits. Also, that wF~erever there is a refe~ence in fhe covenants and agreements herein contained to any of ~he parties hereto, the same shall be construed to mean as well as the hei~s, legal representatives, successws a~d assigns (either voluntary by act of the parties or i~voluntary by operation of the law) of the ssme and that the covenants hercin tonlained shail bind and the benefits a~d advantages inur! ro the respecTive heirs, kgal ~epresentatives, successflrs and ass~gns of the parties hereto. And said Ntortgagors, (or themselves and their heirs, legal representatives, successws and assigns, hereby joimly and severally covenant and agree ro and with the uid MORSGAGEE, ~ts successas and assigns: 1. To pay all end aingular the principal snd imerest and the various and sundry sums of mo~?ey payable by virtue of said promisso~y note, and thi~ mortgaqe, each ~nd ere~y, prompdy on the days respectrvely tix same severally become due. 2. To pay all and singular 1F~e taxes, assessments, levies, Iiabil~ties, obligations and encumbrances of every nsture snd kind rww on said dexribcd property, or that heresfter may be impoted, suffered, placcd, levied, or assessed thereon, or that hereafter may be levied w ~ssessed upon fhis Mortg- age, or the indebtedness secured hereby, each and every, whe~ due and payable, according to law, before they become delinquent, and befwe sny interest a~~aches w any p~naity is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF RECORO AND THE ORIGIhAI OFFICIAL DOCUMENT ISUCN AS, fOR tIYSTAIVCE, THE TAX RfCE1PT OR THE SA~ISFACTlON PAPER OfF1UAllY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SA10 MORTGAGEE WITHIN TEN UAYS NcXT AFTER PAYMENT; a~d in the event that any thereof is not pa~d, sat'sfied and discharged sa d MOR7GAGEE may at any t~me pay the same w any part thereof without waiving or affecting any option, lien, equity or ~~qht under or by virtue of this morrgage and the fu!! amount of each and every such payment shall be immediately due and payabie and shsll bear interest i~om the date thereof vntil paid at rare of ~~ne per ce~tum per annum and t e mterest s ~~ecured b the lien of th:s morgtage. ~9 ?r~ Y OGr~~ ~ a~,;~ ! - ~ ~ ; ' - ~ ~ s~ ~ ~ : , - _ ~ ~